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  • What's the Fair Value for the Dow Jones Industrial Average? [View article]
    So they have some bonds to sell too........Its really tiring watch Gross go on TV constantly (or his sidekick) and tell people that their stocks will plummet.....and hey just buy some of my bonds and everything is ok.

    He should have to pay to be on these shows just like advertisers pay during commercial breaks......he is just product placement advertising.


    On Nov 01 07:47 AM Hao Jin wrote:

    > Below was a comment from Instablog, which I deleted after article
    > is published:
    >
    > On Oct 31 04:04 PM Graham and Dodd Investor wrote:
    Nov 01 08:41 am |Rating: +4 -3 |Link to Comment
  • What's the Fair Value for the Dow Jones Industrial Average? [View article]
    I wouldn't support this at all. And I'm not a trader, nor do I short stocks. This would just further enable management to run companies for their own purposes instead of for shareholders best interests. At least now if a management team goes in a direction I don't approve of I can easily exit the position. Now you want me to exit and pay 35% and up if I haven't held for two year?

    What if I want to sell to buy a home, or because I found a better investment opportunity?

    I don't think short traders make as much as you think - otherwise half of the message board traders would be driving around in Ferraris and I haven't noticed that trend.

    Personally, I buy companies I feel are well positioned and (usually) are paying me dividends.....and I don't much care what happens Monday-Friday unless there is actual company news that I need to consider. Collect my dividend and let folks smarter than myself time all their bets. Good luck.


    > STOP THE INSANITY NOW!
    >
    > Revised Tax Rules:
    >
    > 1. Capital gains under <6 months - 55% tax on capital gains
    > 2. Capital gains 6 > 12 months - 45% tax on capital gains
    > 3. Capital gains 1 > 2 years - 35% tax on capital gains
    > 4. Capital gains 2 > 5 years - 18% tax on capital gains
    > 5. Capital gains 5+ years - 5% tax on capital gains
    > 6. Most critical of all — Institute a capital gains tax of 55% on
    > ALL short sales not directly tied to a long buy by a licensed hedge
    > fund. I'm tired of paying for the pure shorts 3rd vacation home.
    Nov 01 08:38 am |Rating: +13 -2 |Link to Comment
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