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Guardian3981

Guardian3981
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  • 5 Lessons From The S&P 500 Market Crash For ETF Portfolios [View article]
    Yes, there was an ETF I have been wanting to buy for a while, it was down over 25% at one point Monday at the open but the trading was halted. I think the halt kind of concerned me so I did not put any orders in. I guess I didn't have enough experience cause I was a bit "scared" and while logic told me the ETF was down much more then its underlying components I felt something must be "wrong" and to just stand by.
    Aug 28, 2015. 10:01 AM | 2 Likes Like |Link to Comment
  • 5 Lessons From The S&P 500 Market Crash For ETF Portfolios [View article]
    If an etf sells above or below its underlying components it will quickly adjust to the "correct" pricing as was the case monday within an hour. Was a good buying opportunity, though I did not capitalize as I was in awe.
    Aug 28, 2015. 08:41 AM | 1 Like Like |Link to Comment
  • The Cost Of $15 Min. Wage: For Fast-Food Giants, Nothing. For Employees, Their Jobs [View article]
    It all depends on where the government is at in terms of spending and the multiplier effect.

    When the government spends more from spending nothing there is a multipler effect where the dollar spent creates more then a dollar of GDP. But at some point of government spending it crowds out the private sector and overtaxes people, at this point the multipler flattens and eventually it even turns negative.

    So if we are in the positive zone then min wage could be beneficial as the government would have more taxes and spend it. But I feel our country is at the point where additional spending is negative.

    Generally, when taxes exceed 30% of total earnings it starts being oppressive to people. In many states we are well above that for even average earning workers.
    Aug 27, 2015. 01:44 PM | Likes Like |Link to Comment
  • Real Household Net Worth: Look Out Below? [View article]
    True, but the household really does not directly influence the apple shares, since they have no voting rights, Citi would.

    But I see what you mean, if a company owns shares of another company, whoever owns the first company in a sense owns both.
    Aug 27, 2015. 11:56 AM | 1 Like Like |Link to Comment
  • The Cost Of $15 Min. Wage: For Fast-Food Giants, Nothing. For Employees, Their Jobs [View article]
    "The big factor is universality means my workers raise benefits your shop as your workers benefit my shop, with no lag. "

    You are missing one fact, taxes.

    If there were no taxes and every cent of min wage increase ended up in the workers take home pay I could maybe buy into the idea that it would be stimulative to the economy as the workers would spend it all. But part of min wage hikes get lost to taxes collected by the government.


    On the other hand, if a business does not have to pay that extra wage they can instead invest that cash into other things that may not have any tax penalty, some of which may even reduce the business taxes!
    Aug 27, 2015. 11:05 AM | Likes Like |Link to Comment
  • Real Household Net Worth: Look Out Below? [View article]
    "because households ultimately own all corporate equity - firms issue equity, and households own it"

    I don't know what the specific percentages are and you may be right for the majority. But households to not own all corporate equity. Some firms own equity of other firms such as Berkshire owning a stake in M&T Bank.
    Aug 27, 2015. 09:17 AM | 1 Like Like |Link to Comment
  • Why The Fed Needs QE Infinity [View article]
    "There is no way for the "cash" to be withdrawn from the Fed and then "lost" in the economy. If the Fed felt there was too much cash available at any point, it could simply sell the Treasuries it purchased and "delete" the cash it created."

    Why couldn't the Fed just completly "fund" the federal government buy buying all new treasury's at each auction. The the government could lower everyones taxes to zero and and with all of the extra DI we would have inflation eh?
    Aug 26, 2015. 12:13 PM | 1 Like Like |Link to Comment
  • The (Flash) Crash Of 2015? [View article]
    If you ask me this so called bounce is nothing to write home about. Lets see how the rest of the week plays out, I say we finish the week down just like last week.
    Aug 25, 2015. 02:45 PM | Likes Like |Link to Comment
  • The Cost Of $15 Min. Wage: For Fast-Food Giants, Nothing. For Employees, Their Jobs [View article]
    The real problem with socialist policy like such a high minimum wage proposed is it reduces the economies longer term productivity and ability to create wealth via the countless unintended consequences.

    As it stands now, people are increasingly questioning the value of higher education. If someone making MW with no higher education whatsoever is only making a couple dollars less then you are coming out of school with 50k in debt where is the incentive?

    If workers are getting a government raise every year (EX NY is phasing in the 15 an hour over the next 6 years) then what incentive to workers have to try hard? You really think companies will give performance raises when they already have to give such a high mandated raise thanks to uncle sam?

    How many businesses that would of considered opening decide to can the idea? Those are the kind of numbers the so called studies do not pick up on. Most studies only look at existing firms.

    After the new MW is fully implemented will the workers then start their next whine spree for the government to give them another raise? Oh I know lets tie it to "inflation" meanwhile everyone not making MW has to actually earn their raises and hope it at least keeps up with inflation. Again, how does that impact moral and motivation?

    The MW workers will not stop until the MW is equal to the average wage, yet they do not comprehend some people make more for good reasons that the invisible hand prices in.
    Aug 25, 2015. 02:43 PM | Likes Like |Link to Comment
  • The Cost Of $15 Min. Wage: For Fast-Food Giants, Nothing. For Employees, Their Jobs [View article]
    Yes I do.

    At some point of government spending the drain on spending via taxes and crowding out the private sector exceeds the benefits of government spending. I believe we are well beyond that point.

    We are in a vicious cycle in this country. Where people think the government can solve their problems, and when the government gets involved it leads to even more problems and nobody thinks to connect the dots. So they just want even more government.

    There are cities in this country where it takes over a year just to get basic permits to start a business, now we want an entry level wage with zero skills to be more then alot of EMTs are making. And nobody sees what's wrong with this?
    Aug 24, 2015. 06:44 PM | Likes Like |Link to Comment
  • The Cost Of $15 Min. Wage: For Fast-Food Giants, Nothing. For Employees, Their Jobs [View article]
    By your logic we should then just give the government everything we make in taxes right?
    Aug 24, 2015. 03:23 PM | 1 Like Like |Link to Comment
  • The Cost Of $15 Min. Wage: For Fast-Food Giants, Nothing. For Employees, Their Jobs [View article]
    Min wage does not solve the economy issues and never will, the invisible hand will always price min wage to be a bare minimum life over time.

    I would cut all government spending by 20% and cut taxes for everyone earning below 200k.

    With more after tax income people will spend more, creating growth and jobs.
    Aug 24, 2015. 01:03 PM | 1 Like Like |Link to Comment
  • The (Flash) Crash Of 2015? [View article]
    In the long run cheap commodities should be bullish for the US.

    But leave it to the socialists in the US to take any "savings" and capitalize on it. Like rumors how there should be even more tax on gas since its "cheaper" now. Of course if gas goes up they do not roll the taxes back. Such is the way of government and socialism.
    Aug 24, 2015. 12:55 PM | 1 Like Like |Link to Comment
  • The Cost Of $15 Min. Wage: For Fast-Food Giants, Nothing. For Employees, Their Jobs [View article]
    Best way to help the poor isn't an arbitrary wage increase for people "stuck" in min wage jobs and whining to the government for a raise.

    Best way to help the poor is to help the middle class. This will help small business and create more opportunities for all, including the poor.

    Growth>min wage
    Aug 24, 2015. 12:44 PM | Likes Like |Link to Comment
  • The Cost Of $15 Min. Wage: For Fast-Food Giants, Nothing. For Employees, Their Jobs [View article]
    More government intervention will only make things worse as usual.

    The main problem in the US is a weak middle class crippled with high taxes and high regulations making it hard to start small business.

    The most important aspect to a healthy economy is opportunity, at 15$ you can bet most African american youth will never even get on the economic ladder.
    Aug 24, 2015. 10:39 AM | 1 Like Like |Link to Comment
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