Poll: Newt Gingrich soars in Florida

[Bonestorm]

Not only is it 'not perfect'... it is completely useless with regards to what we are discussing. Period.

OK. I'd love for you to give me something that suggests that your assertion that people earning $60,000 care more about the market than high-income folks. I just don't buy it.

The top 10% own 80% of all stock, either directly or indirectly. The idea that people earning $60,000 per year care more about the market than the people that own 80% of all stock isn't remotely plausible.

 

[NOVA]

Is this being a hater? I am sure as a conservative that you don't promote hate or at least you claim it is a liberal trait, so I was just wondering if you see this post as your being a hater?

Not at all.......this is a post intended to ridicule Alias by Zap...

Quote Originally Posted by ZappasGuitar View Post
Hell yeah we've learned.

We've learned that when you get pushed hard enough you fold and are reduced to posting nothing but demeaning pictures accompanied with derogatory captions.

My response merely points out that Zap obviously overlooks the "demeaning pictures accompanied with derogatory captions." posted by SMKenneth for the last 2 years plus....constantly, in every post he makes......since he first day on JPP......did you miss his post too....LOL

Of course, you would naturally give Kenneth a pass and agree with your fellow pinhead, Zappa....

Now, is this a hateful post?

Why would you think that repeating what Dungheap said is hateful....
Proving him a liar isn't hateful at all.......its just the facts as the chronology of the post proves....(hahaha.....sorry, inside joke)
You've accused me of lying often enough with no proof, is that hateful ?

 

[Cancel 2016.2]

OK. I'd love for you to give me something that suggests that your assertion that people earning $60,000 care more about the market than high-income folks. I just don't buy it.

The top 10% own 80% of all stock, either directly or indirectly. The idea that people earning $60,000 per year care more about the market than the people that own 80% of all stock isn't remotely plausible.

I could care less what you buy. I don't know of any study out there that polls people about how much they care about the market based on their income levels. I am telling you that the people with the smaller amounts are typically the ones that are the most concerned about the month by month swings. The reason, as I stated earlier, is that every dime counts in terms of when they can retire and what they can get in an income stream.

Everyone CARES about losing money. No one likes it. But the ones who react most frequently to shifts are those with lower balances.

Just stop and see if you can wrap that tiny little mind around it.

Two people... both 50... both single, no kids....

If you make $60k a year and have $50k socked away in your 401k

I make $500k a year and have $3mm socked away in investments.

Which one of us is going to care more about short term swings in our investable assets? The one with the higher or lower disposable income?

 

[Bonestorm]

I could care less what you buy. I don't know of any study out there that polls people about how much they care about the market based on their income levels. I am telling you that the people with the smaller amounts are typically the ones that are the most concerned about the month by month swings. The reason, as I stated earlier, is that every dime counts in terms of when they can retire and what they can get in an income stream.

Everyone CARES about losing money. No one likes it. But the ones who react most frequently to shifts are those with lower balances.

Just stop and see if you can wrap that tiny little mind around it.

Two people... both 50... both single, no kids....

If you make $60k a year and have $50k socked away in your 401k

I make $500k a year and have $3mm socked away in investments.

Which one of us is going to care more about short term swings in our investable assets? The one with the higher or lower disposable income?

I understand what you're saying, I just don't buy it. The bottom 60%, which tops out at $62,000, collectively own 2.6% of all stock. It is absolutely nuts to think that people owning 2.6% of all stock care more about the market than those who own 80+% of all stock. Nuts.

I would buy that the middle-high income folks worry about it more than the high-income folks, but not the $60,000 per year folks. It's just not plausible.


Stats from here:

http://www.levyinstitute.org/pubs/wp_589.pdf

 

[The Dude]

that's a retarded way to look at it dung, really.
First the bottom 30 or 40% prob don't hold any.
Next like freak points out, the billionaire is not canceling his Yatch excursion with a 10% down market but the guy making 60K might not buy the move up house/car.

 

[Cancel 2016.2]

I understand what you're saying, I just don't buy it. The bottom 60%, which tops out at $62,000, collectively own 2.6% of all stock. It is absolutely nuts to think that people owning 2.6% of all stock care more about the market than those who own 80+% of all stock. Nuts.

What percentage they own of the market is irrelevant. I am not saying they care more about the market, but that they REACT more to CHANGES in the market. The IMPACT to them personally is greater. Primarily because that is their fall back. They don't tend to have much other disposable income. They also don't have much typically invested for retirement (as you pointed out), they thus care a hell of a lot more about short term losses than those who already have disposable income as well as secure retirement nest eggs.

I would buy that the middle-high income folks worry about it more than the high-income folks, but not the $60,000 per year folks. It's just not plausible.

so you get the concept, you just think it starts higher than the 60k? That is fair, I think you are wrong based on my experiences, but as long as you grasp the concept then you understand what top was trying to say to begin with.

From experience, those that have 60k incomes still have investments. They are very conscious about the changes. The anxiety does tend to dissipate for most people the higher their cushion gets.

 

[Cancel 2016.11]

Not at all.......this is a post intended to ridicule Alias by Zap...


My response merely points out that Zap obviously overlooks the "demeaning pictures accompanied with derogatory captions." posted by SMKenneth for the last 2 years plus....constantly, in every post he makes......since he first day on JPP......did you miss his post too....LOL

Of course, you would naturally give Kenneth a pass and agree with your fellow pinhead, Zappa....



Why would you think that repeating what Dungheap said is hateful....
Proving him a liar isn't hateful at all.......its just the facts as the chronology of the post proves....(hahaha.....sorry, inside joke)
You've accused me of lying often enough with no proof, is that hateful ?

Can you redo this using two colors? I find your multi-colored postings so much more intriguing than your single-color musings.

 

[Bonestorm]

What percentage they own of the market is irrelevant. I am not saying they care more about the market, but that they REACT more to CHANGES in the market. The IMPACT to them personally is greater. Primarily because that is their fall back. They don't tend to have much other disposable income. They also don't have much typically invested for retirement (as you pointed out), they thus care a hell of a lot more about short term losses than those who already have disposable income as well as secure retirement nest eggs.

so you get the concept, you just think it starts higher than the 60k? That is fair, I think you are wrong based on my experiences, but as long as you grasp the concept then you understand what top was trying to say to begin with.

From experience, those that have 60k incomes still have investments. They are very conscious about the changes. The anxiety does tend to dissipate for most people the higher their cushion gets.

This presumes that they have market investments. Most households at the $60,000 level don't. And those that do have very meager investments, most under $10,000.

 

[zappasguitar]

Now, is this a hateful post?

Oh heavens no...it is not, no matter what COMMON SENSE may tell you, a perfect example of bravo being hateful!

 

[Alias]

Oh heavens no...it is not, no matter what COMMON SENSE may tell you, a perfect example of bravo being hateful!

Darla said she would zap me with pepper spray if she saw me. Is that hateful?

 

[zappasguitar]

Darla said she would zap me with pepper spray if she saw me. Is that hateful?

Wow...an actual reply...with words!

Gee, what's wrong?

Run out of pictures of fat people?

 

[Alias]

Wow...an actual reply...with words!

Gee, what's wrong?

Run out of pictures of fat people?

See, here's your problem. You're dishonest. Your pals are trolling and when they get trolled back all you can comment on is one side of it. You're a partisan dishonest hack, nothing more. You're a two-faced hypocrite.

Do you want to reply to the question now? Fucking coward.

Is it hateful what Darla said about pepper spraying me if she saw me?

 

[zappasguitar]

See, here's your problem. You're dishonest. Your pals are trolling and when they get trolled back all you can comment on is one side of it. You're a partisan dishonest hack, nothing more. You're a two-faced hypocrite.

Do you want to reply to the question now? Fucking coward.

Is it hateful what Darla said about pepper spraying me if she saw me?

See here's MY problem...you're JUST as dishonest as anyone else here.

YOUR pals are trolling also, yet you only comment on trolls on MY side of the ideological fence.

You're just as big a partisan hack and two-faced hypocrite as anyone you brand with those labels...

 

[Alias]

See here's MY problem...you're JUST as dishonest as anyone else here.

YOUR pals are trolling also, yet you only comment on trolls on MY side of the ideological fence.

You're just as big a partisan hack and two-faced hypocrite as anyone you brand with those labels...

If everyone is trolling then stop your whining. Did you forget that YOU are the one who complained? Dumb ass confused little twit.

 

[signalmankenneth]

http://spectator.org/blog/2011/11/30/ron-pauls-anti-gingrich-ad