Investment Thread

Bluedog said:
People expect low corporate tax rates to continue as well as other corporate friendly legislation, I expect. So, corporate profits are expected to balloon further. Having said that, if you have paltry GDP growth then companies don't benefit regardless of tax rates. So I share your skepticism but just guessing what the market is responding to.
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Yeah. I would stand to benefit from lower corporate taxes and other corporate financial incentives. Unless there’s real investment / return need, that just gets funneled into buybacks, bonuses and the like. The rich get richer but it doesn’t solve what I understand to be the prevailing economic problem….and to be clear, I think solving that problem would generate enormous opportunity and wealth.
 
bundabergdevil said:
Yeah. I would stand to benefit from lower corporate taxes and other corporate financial incentives. Unless there’s real investment / return need, that just gets funneled into buybacks, bonuses and the like. The rich get richer but it doesn’t solve what I understand to be the prevailing economic problem….and to be clear, I think solving that problem would generate enormous opportunity and wealth.
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Sorry, I don’t know if I missed it in your earlier statements. What’s your take on what is the prevailing economic problem?
 
BROS up over 42% in the last 2 days.

For the longest time I held onto this one figuring it might be a dog, but believing in the reasons I bought it.

It's been a good week for this thread.
 
richardjackson199 said:
It's been a good week for this thread.
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IMO, money causes most people to stop focusing on their political beliefs and start focusing on economic reality.

Hypocrites are rampant. I have a friend who thinks he is very liberal and everybody’s taxes should be substantially increased. He goes out of his way to pay a much lower marginal tax rate than I have ever paid.
 
Jeffrey said:
IMO, money causes most people to stop focusing on their political beliefs and start focusing on economic reality.

Hypocrites are rampant. I have a friend who thinks he is very liberal and everybody’s taxes should be substantially increased. He goes out of his way to pay a much lower marginal tax rate than I have ever paid.
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That’s not necessarily hypocritical. Buffett has said the same thing many times.

It is entirely consistent that one can say the tax law should be rewritten to do X (increase, increase in the rich, etc), but to follow the law when you are doing your own taxes.
 
acdevil said:
That’s not necessarily hypocritical. Buffett has said the same thing many times.

It is entirely consistent that one can say the tax law should be rewritten to do X (increase, increase in the rich, etc), but to follow the law when you are doing your own taxes.
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Yeah, you can think some rules in basketball, football whatever should be changed but still love to play the game.

Those things co-exist quite naturally, IMO.
 
Over in the politics thread I left a goodbye. I sincerely appreciate everything everyone in this thread has done to help me get started in learning to invest. Thank you.

I'd love to talk to any of you in the future over on the Deeber website. Many familiar faces like Jeffrey, etc. are over there talking Finances and investing too.

To join Deeber, just google "Deeber Discourse Duke" and register. DBR is a wonderful site and I'm not suggesting that anyone leave DBR to go to another site. Many posters post on multiple great Duke boards like DBR, TDD, CrazieTalk, and Deeber. I've just decided that I don't fit in over here to be posting anyway, and so that is where I'll be if any of you would ever like to check it out, chat some more, or say hi. I'm sure I'll still read posts over here too, but my accounts will be deactivated so I won't be able to reply or post.

Thanks again and all the best to you all
 
YmoBeThere said:
As they day, at least for this week, that dog can hunt. Congrats!
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"they say"...As they say!

Wednesday created some buyable dislocations IMHO. One in particular is LLY which dropped down to $770. Now back at $830. If I wasn't out and about looking at cars, I should have added a few shares to my portfolio. While still above my cost basis of $355, I think reasonable at that number.
 
One dislocation that wasn't so buyable is MSOS. Down to $4.89...we'll see if anything happens with a change in administration, but since it is now at all time lows, it seems unlikely.
 
acdevil said:
That’s not necessarily hypocritical. Buffett has said the same thing many times.

It is entirely consistent that one can say the tax law should be rewritten to do X (increase, increase in the rich, etc), but to follow the law when you are doing your own taxes.
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Hypocrites are rampant. I have a friend who thinks he is very liberal and everybody’s taxes should be substantially increased. He goes out of his way to pay a much lower marginal tax rate than I have ever paid.

It’s certainly a matter of opinion but the highlighted part is my point. My friend has substantially reduced his W2 and substantially increased his partnership income to reduce his marginal tax rate to about half of mine.

“The pass-through deduction—sometimes referred to as Section 199A for its section in the U.S. tax code—allows owners of a “qualified trade or business” to deduct the lesser of 20 percent of their qualified business income or 20 percent of their taxable income from sources other than capital gains when calculating their taxes.4Qualified businesses include sole proprietorships, partnerships, and S corporations.5 These businesses are not taxed at the entity level and, instead, pass profits through to owners, where they are taxed through the personal income tax.”

 
Jeffrey said:
Hypocrites are rampant. I have a friend who thinks he is very liberal and everybody’s taxes should be substantially increased. He goes out of his way to pay a much lower marginal tax rate than I have ever paid.

It’s certainly a matter of opinion but the highlighted part is my point. My friend has substantially reduced his W2 and substantially increased his partnership income to reduce his marginal tax rate to about half of mine.

“The pass-through deduction—sometimes referred to as Section 199A for its section in the U.S. tax code—allows owners of a “qualified trade or business” to deduct the lesser of 20 percent of their qualified business income or 20 percent of their taxable income from sources other than capital gains when calculating their taxes.4Qualified businesses include sole proprietorships, partnerships, and S corporations.5 These businesses are not taxed at the entity level and, instead, pass profits through to owners, where they are taxed through the personal income tax.”

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That single tax cut has reduced my taxes(and my families) by tens of thousands of dollars. I pre-do my taxes before the accountant does and thought something was wrong the first year. It wasn't. It's been gravy because I'd already budgeted future business investments for the next five years. The selling point was that people would reinvest in the business which is rarely the case in practice. And that particular tax cut is wide reaching even covering rent or eBay income if run through a corp.
 
Kdogg said:
That single tax cut has reduced my taxes(and my families) by tens of thousands of dollars.
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It has reduced my friend’s taxes by hundreds of thousands of dollars while he tells me I don’t pay enough! On a percentage basis, I pay about twice as much as my friend. It seems hypocritical to me.
 
Kdogg said:
The Warren Buffet argument. Nothing stops them from writing a check to the Treasury voluntarily.
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Exactly! They can use a W2 just like the average American (Warren’s secretary)!

If they’re truly concerned about Uncle Sam then they can leave everything to him in their will. That’ll be the day!
 
Jeffrey said:
Exactly! They can use a W2 just like the average American (Warren’s secretary)!

If they’re truly concerned about Uncle Sam then they can leave everything to him in their will. That’ll be the day!
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C’mon. That’s like someone saying I refuse to take advantage of the designated hitter rule because they don’t want to get their best chance of winning.

Having an opinion on how to design the fairest game possible but playing the game with the rules you have are different things. This is just a ridiculous conversation.
 
bundabergdevil said:
C’mon. That’s like someone saying I refuse to take advantage of the designated hitter rule because they don’t want to get their best chance of winning.

Having an opinion on how to design the fairest game possible but playing the game with the rules you have are different things. This is just a ridiculous conversation.
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Again, I prefer sites which are not judgmental and openly invite all opinions and beliefs.
 
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