Is a "wealth tax" inherently socialist? It is a redistribution of wealth and is socialist by definition, yes. I do agree with your third paragraph. As someone who gets by partially on dividends, I think it is insane that they is taxed more favorably than sweat equity. It is simply unfair,...

{old thread}

Gold is up plenty today, but IAU is only up 0.28%?

I was thinking more like, there are about 86,000 Americans with a net worth over 50 million. That's what the internet told me. I would be surprised if none of them were big political donors, on BOTH sides, and they're not super pumped about their taxes skyrocketing. I can't see people that rich, at...

Maddy wrote: ↑Mon Mar 19, 2018 8:15 am I long for the days when an anonymous report was as easy as clipping words out of a magazine and pasting them onto a piece of stationary. . .

Unlikely, I guess? The article mentions Obama-era proposals that didn’t make it, and these go beyond those suggestions. But, anything can happen. And of course, those with $50 million are nothing to cry over. It would set a dangerous precedent, though, and perhaps that would be enough to get some ci...

TDS is a terrible scourge. Hopefully science will find a cure someday. I don’t, is there any funding left for science? :-) j/k, I double-checked. Interesting mix of results, though, when you google Trump and science funding Nearly every science agency stands to get more money under a spending bill ...

I remember when you posted about a wealth tax and I thought you were crazy! Now the idea is really being floated by a serious candidate! Crazy!!

So, what country will our wealthy citizens flee to?

sophie wrote: ↑Sun Jan 27, 2019 3:39 pm And yes...my two little obligate carnivores eat more and better meat than I do. I order raw food from a supplier in Maine. Who will never, ever have an IPO.

Cool. Is it Smalls? Probably not, I think Smalls is cooked.

Not to criticize your holdings really... Hey, criticize away. We’re all guilty, all of us indexers. I own Diageo. And PM and Altria. I would buy JUUL if it were public, if I were still picking up indie stocks. CVS dumped cigarettes and became CVS Health- but they still have those aisles of candy, a...

Now I'm leaning more towards some sort of base agribusiness direction built more on rice, beans, etc rather than on building it on the "value-add" of junk food producers. Your priorities as an investor are going to have to be different from your priorities as a food consumer. Eat rice and...

Wow, Willie the Groundskeeper has fallen on hard times. (I apologize in advance for this comment.I do think about the homeless. I see them daily as well). Relocation: a Canadian cousin of mine told me they used to bus the homeless to Manitoba whether they wanted to go or not, in the 1960s. From wher...

I’m for improved border security and better vetting as well.

These posts remind me of articles about San Franciscans resenting all the dot comers moving in. They were pleased by the last real bust. Alas, it looks like they’re there to stay. (Except the wise ones moving to Austin and other places).

I think you’re asking for too much. Offhand, I can’t even supply evidence of David Duke, let alone Trump, being hateful if you want actions. Only words.

Whatever you do, don't change course too often, even if you're changing from sensible plan #1 to sensible plan #2. Or Plan #4 to Plan #5. For your vp or LP or whatever, the 3-fund portfolio is boring, and I think it's underrated because it's boring. I am a fan of the 3-fund portfolio. One could say ...

Why not just keep them and enjoy the tax free dividends? It's zero ER, no hidden costs, zero manager risk, guaranteed qualified dividends, and you get more control over capital gains. And, I kind of like the fact that it's stock investing like people used to do it before the advent of mutual funds....

1% jump this morning.

I mean if you’re coming at this from a social responsibility angle, there are ETFs out there. Not for me. But, I like that I can vote on things like cage-free eggs as a McDonald’s shareholder.

the maga hat kid has committed a face crime... Orwell in 1984: It was terribly dangerous to let your thoughts wander when you were in any public place or within range of a telescreen. The smallest thing could give you away. A nervous tic, an unconscious look of anxiety, a habit of muttering to your...

Maybe 40 dividend payers/raisers and a sprinkling of tech plays. The former began as both a gathering of dividends and a desire to mostly avoid the financial sector. (I don’t have a great revelation as to why). It quickly became dominated by consumer stocks, which are also the ones I find the hardes...

Getting back to the thread title, I came across this little diddy and thought some of you might find it enjoyable, funny, disgusting, or a bunch of crap. Pick your own descriptor. Hmm, I have relatives who share a similar sentiment with regard to the raccoon remover, if even I recognize this as the...

MangoMan wrote: ↑Thu Jan 24, 2019 12:51 pm If it makes you fell any better, hopefully there will be another dive when the fallout from the ill-advised anti-man commercial for Gillette razors has a negative effect on sales.

I haven't seen the ad, but I have heard about the controversy. Yeah, maybe it'll have that silver lining

* It just shot up again, yeah. 2nd burst since I sold. I knew that the activist Nathan something was *trying*, but I didn’t know he’d be so successful. Well, I didn’t have a large stake, so it’s mostly psychological. But, it’s also a reminder that I should leave dividend stocks alone and keep indexi...