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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 1:39:56 PM   
NewOCDaddy


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< Message edited by NewOCDaddy -- 3/10/2011 1:40:37 PM >

(in reply to MrRodgers)
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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 1:41:47 PM   
mnottertail


Posts: 60698
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Status: offline 		They will be bailed out, don't they teach anything in insurance peddling school?

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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 1:43:01 PM   
willbeurdaddy


Posts: 11894
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quote:

ORIGINAL: MrRodgers


I need not do anything else so I really 'invest' nothing but a purchase price and I get to deduct all of my expenses little as they may be but does include debt service and commissions, forming the taxable amount called my 'basis.'





ROFLMAO. THAT IS CALLED INVESTING YOU IDIOT

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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 1:44:04 PM   
hlen5


Posts: 5890
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Status: offline 		Maybe Mr Rodgers was talking about speculation vs investing in tangible products?

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(in reply to willbeurdaddy)
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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 1:52:22 PM   
willbeurdaddy


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Joined: 4/8/2006
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quote:

ORIGINAL: hlen5

Maybe Mr Rodgers was talking about speculation vs investing in tangible products?


It doesnt matter what he was talking about. Speculation is still investing. Buying and selling anything with the intent of making a profit is investing, and buying anything with the intent of hedging against future costs is investing.

Also most naked options are only held short term and dont qualify for long term capital gains treatment, and profits from options trading where buying and selling stocks and options is the principal business of the individual are taxed as income, not captial gains.

This is just another Mr Rodgers rant against "the man", and he is clueless about investing.

Id love to hear his take on hedge funds. Could replace MSNBC as my source of comedy for a while.

< Message edited by willbeurdaddy -- 3/10/2011 2:01:51 PM >

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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 2:38:40 PM   
pahunkboy


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From: Central Pennsylvania
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quote:

ORIGINAL: MrRodgers

quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: MrRodgers

[ There are very wealthy investors now who only buy and sell. They have the media and politicians call it investment when most is merely speculation or buying and selling without any real investment at all.

Buying and selling isnt investing? What are you smoking?

Depends on what I buy and sell. I can buy a stock or real estate, (art, cars, antiques) hold it/them for a year or more and I pay 15% long term federal capital gains tax on any profit.

I need not do anything else so I really 'invest' nothing but a purchase price and I get to deduct all of my expenses little as they may be but does include debt service and commissions, forming the taxable amount called my 'basis.'





I wonder how many here tripled their money in the past 5 years.

...like me.    (hint=-  silver)

(in reply to MrRodgers)
Profile   Post #: 26
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 2:44:05 PM   
mnottertail


Posts: 60698
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Status: offline 		Bigger hint, you aint got the money yet.

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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 2:52:57 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		No fat finger flash crash for me. 

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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 5:27:05 PM   
Fellow


Posts: 1486
Joined: 9/21/2009
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quote:

I need not do anything else so I really 'invest' nothing but a purchase price and I get to deduct all of my expenses little as they may be but does include debt service and commissions, forming the taxable amount called my 'basis.'


For a single retail investor your 'basis'  will be the most likely negative.

(in reply to MrRodgers)
Profile   Post #: 29
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:07:10 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
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quote:

ORIGINAL: willbeurdaddy
quote:

ORIGINAL: MrRodgers
I need not do anything else so I really 'invest' nothing but a purchase price and I get to deduct all of my expenses little as they may be but does include debt service and commissions, forming the taxable amount called my 'basis.'

ROFLMAO. THAT IS CALLED INVESTING YOU IDIOT

The fuck it is. That most certainly is not investing or real investments as rationalized by the immoral TAX CODE at 15% for in actuality...doing a whole lotta nothing. You can call it what you want just like an investor so-called, gets to call his income capital gains while you have just regular ole income.

Hey breath...I am so glad you are willing to work your ass off for say $100,000, gett'n up early, gett'n home late just bust'n your balls and pay 35%, while I buy the fucking Mona Lisa, make a million in one or 2 years and pay...15%. Thank you but...

...being you want to keep calling what i do...an investment and make sure you keep telling your congressman and senator that so he will not change that great job producing long term [sic] capital gains rate in so in vogue. I've been looking at a Bugatti...very nice car, fuck with it and show it off for a while, sell it in a couple years, make maybe couple hundred thou...and pay 15%. I love you '35-percenters.'

Call me, you can catch me while I am 'investing' on the back 9.

(in reply to willbeurdaddy)
Profile   Post #: 30
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:08:55 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
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quote:

ORIGINAL: MrRodgers

quote:

ORIGINAL: willbeurdaddy
quote:

ORIGINAL: MrRodgers
I need not do anything else so I really 'invest' nothing but a purchase price and I get to deduct all of my expenses little as they may be but does include debt service and commissions, forming the taxable amount called my 'basis.'

ROFLMAO. THAT IS CALLED INVESTING YOU IDIOT

The fuck it is. That most certainly is not investing or real investments as rationalized by the immoral TAX CODE at 15% for in actuality...doing a whole lotta nothing. You can call it what you want just like an investor so-called, gets to call his income capital gains while you have just regular ole income.

Hey breath...I am so glad you are willing to work your ass off for say $100,000, gett'n up early, gett'n home late just bust'n your balls and pay 35%, while I buy the fucking Mona Lisa, make a million in one or 2 years and pay...15%. Thank you but...

...being you want to keep calling what i do...an investment and make sure you keep telling your congressman and senator that so he will not change that great job producing long term [sic] capital gains rate in so in vogue. I've been looking at a Bugatti...very nice car, fuck with it and show it off for a while, sell it in a couple years, make maybe couple hundred thou...and pay 15%. I love you '35-percenters.'

Call me, you can catch me while I am 'investing' on the back 9.




QED

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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:10:38 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		oh jackieboy.... errr... wontbe... you are so cute when you pull your pseudo-intellectual crap.

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RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:12:00 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: willbeurdaddy

quote:

ORIGINAL: hlen5

Maybe Mr Rodgers was talking about speculation vs investing in tangible products?


It doesnt matter what he was talking about. Speculation is still investing. Buying and selling anything with the intent of making a profit is investing, and buying anything with the intent of hedging against future costs is investing.

Also most naked options are only held short term and dont qualify for long term capital gains treatment, and profits from options trading where buying and selling stocks and options is the principal business of the individual are taxed as income, not captial gains.

This is just another Mr Rodgers rant against "the man", and he is clueless about investing.

Id love to hear his take on hedge funds. Could replace MSNBC as my source of comedy for a while.

Speculation is not investing as I inform in my last post. One year investments in stocks is not investing, it is speculation. Buying the Mona Lisa or a Corvette...selling them in a year does not create a single job and is not investing. To say that gains over LESS than a year is another subject not yet in discussion. I still say tax it and all paper profits...50%

(in reply to willbeurdaddy)
Profile   Post #: 33
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:12:49 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline
quote:

ORIGINAL: tazzygirl

oh jackieboy.... errr... wontbe... you are so cute when you pull your pseudo-intellectual crap.


Intellectual will never be associated with you in any way.
Love, wouldntdoyouwithhis

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
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Profile   Post #: 34
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:14:05 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		lol..... good boy!

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Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

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Profile   Post #: 35
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:15:35 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
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quote:

ORIGINAL: tazzygirl

oh jackieboy.... errr... wontbe... you are so cute when you pull your pseudo-intellectual crap.

I haven't the slightest idea what that means but I am sure...it's all he has left.

(in reply to tazzygirl)
Profile   Post #: 36
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:16:24 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		wontbe has been strutting his other nics about the boards lately.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to MrRodgers)
Profile   Post #: 37
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:16:48 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: willbeurdaddy
quote:

ORIGINAL: tazzygirl
oh jackieboy.... errr... wontbe... you are so cute when you pull your pseudo-intellectual crap.

Intellectual will never be associated with you in any way.
Love, wouldntdoyouwithhis

...I rest my case.

(in reply to willbeurdaddy)
Profile   Post #: 38
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:22:08 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline
quote:

ORIGINAL: MrRodgers

quote:

ORIGINAL: willbeurdaddy
quote:

ORIGINAL: tazzygirl
oh jackieboy.... errr... wontbe... you are so cute when you pull your pseudo-intellectual crap.

Intellectual will never be associated with you in any way.
Love, wouldntdoyouwithhis

...I rest my case.



You need to have one to rest it, clueless one.

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

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Profile   Post #: 39
RE: Forbes 400 Triple Wealth in 5 years Tags: * DI... - 3/10/2011 10:24:55 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
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quote:

ORIGINAL: hlen5

Maybe Mr Rodgers was talking about speculation vs investing in tangible products?

BTW you got it babe. Investing is over the long term in a real product or service being added to the marketplace. It is not simply buying and selling things that already exist often as a finished product but don't say it too loud. I am serious, while I am in stocks I don't want the law to change.

Oh Lord...let me be a capitalist at least...for the 4th quarter of life.

(in reply to hlen5)
Profile   Post #: 40
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