Whew, glad I don't do buy and hold like some suckas

Capital gains taxeds on Wall Street types of investments should be taxed according to how long you hold.
If less than 30 days 40%
6 months or more 25%
1 year or more 15%
10 years or more 5%
20 years or more 0%


This would encourage more real investment and less minute by minute gambling.
We would have a much more stable and predictable market.
 
The Dude said:
God your a dumb fuck!
Seriously are you like a junior clerk or still in college!
I retired in April invested the lump sume in June and have made as much as I would have working.
Hey trader/gambler I calling you Kenny Rogers from here on!
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Seems like your story is changing a little big puddin. You first said you made all of your riches by investing long term in oil stocks. Now you claim to have gotten a "lump sum retirement". Maybe you were one of those scumbag drug reps as Pharma is one of the few industries that still has huge lump sum payouts at retirement.

But, let's say that you are really generating $1,000 a day as you claim. The average dividend yield for oil companies is about 5% a year. So in order for you to generate $250,000 a year in income of of dividends, you would have to have $5 million in principal. Now there is no way in hell you got a $5 million lump sum from a pension. Not a chance in hell.

Now you may have $1 million from a lump sum retirement. That doesn't prove any investing acumen. All that proves is that you hung on at the same job for 20 years without getting fired. I guess that is worth $1 million.

Why do you have to lie?
 
Rokin Kat said:
Buying stock and holding it was the main way it was done back before Wall Street became a Casino.
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That is what the big wigs on Wall St wanted to you to believe. There was a time when people invested in companies to share in the profits through dividend payouts. Not anymore. Yeah, buy and hold. It is wonderful. Go look at what buying the S&P in 2000 to now would have done for you. You would be basically flat not even accounting for inflation.
 
I prefer to make my income by going to work in a job I enjoy!!

That's me happy!!

Though more time with the little one would be more rewarding, retirement next September I hope, then full time raising the kids!!

Now that is the most rewarding of returns!
 
I Love America said:
Seems like your story is changing a little big puddin. You first said you made all of your riches by investing long term in oil stocks. Now you claim to have gotten a "lump sum retirement". Maybe you were one of those scumbag drug reps as Pharma is one of the few industries that still has huge lump sum payouts at retirement.

But, let's say that you are really generating $1,000 a day as you claim. The average dividend yield for oil companies is about 5% a year. So in order for you to generate $250,000 a year in income of of dividends, you would have to have $5 million in principal. Now there is no way in hell you got a $5 million lump sum from a pension. Not a chance in hell.

Now you may have $1 million from a lump sum retirement. That doesn't prove any investing acumen. All that proves is that you hung on at the same job for 20 years without getting fired. I guess that is worth $1 million.

Why do you have to lie?
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I'm starting to think you are not as broke as your stupid comments here.
You might have enough to bet me $1,000
Most big oil co' s do lump sum option. So we know you never worked in the oil industry
The lump sum was over $400,000
 
007 said:
I prefer to make my income by going to work in a job I enjoy!!

That's me happy!!

Though more time with the little one would be more rewarding, retirement next September I hope, then full time raising the kids!!

Now that is the most rewarding of returns!
Click to expand...
You can do both. You sound like you will make a good dad. Do it for your son
10 percent of you paycheck in great stocks
 
I Love America said:
That is what the big wigs on Wall St wanted to you to believe. There was a time when people invested in companies to share in the profits through dividend payouts. Not anymore. Yeah, buy and hold. It is wonderful. Go look at what buying the S&P in 2000 to now would have done for you. You would be basically flat not even accounting for inflation.
Click to expand...
This says you just got out of college, you have a hard on for that previous retard comment.
 
I Love America said:
Seems like your story is changing a little big puddin. You first said you made all of your riches by investing long term in oil stocks. Now you claim to have gotten a "lump sum retirement". Maybe you were one of those scumbag drug reps as Pharma is one of the few industries that still has huge lump sum payouts at retirement.

But, let's say that you are really generating $1,000 a day as you claim. The average dividend yield for oil companies is about 5% a year. So in order for you to generate $250,000 a year in income of of dividends, you would have to have $5 million in principal. Now there is no way in hell you got a $5 million lump sum from a pension. Not a chance in hell.

Now you may have $1 million from a lump sum retirement. That doesn't prove any investing acumen. All that proves is that you hung on at the same job for 20 years without getting fired. I guess that is worth $1 million.

Why do you have to lie?
Click to expand...
You make stupid assumptions more that good ones!
Your an engineer in your 30 or early 40's?
 
I Love America said:
That is what the big wigs on Wall St wanted to you to believe. There was a time when people invested in companies to share in the profits through dividend payouts. Not anymore. Yeah, buy and hold. It is wonderful. Go look at what buying the S&P in 2000 to now would have done for you. You would be basically flat not even accounting for inflation.
Click to expand...

Yep why I sold all my stock right before the fall started.

And bought Gold Eagles for around $550.
The recession cost me not one dime.
And boosted my gold by about 200%.
 
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