by Patrick ➕follow (60) 💰tip ignore
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I'll bet you $100.00 Trump will start building a wall.
Hahaha, you really are precious aren't you. "Start", sure thing pal.
The loser sends $100 to Patrick to be used towards the next meet up he attends. Are we on?
They did the same to Obama AND Bush AND Clinton. Grow up and quit acting like a little bitch.
Bush A LOT Obama, not so much dick nose.
When you teach remedial math do you cover the concept of magnitude or is that just too much for you and your students?
I say let them come HERE so we don't have to send poor people's children to die over THERE because Strategist is AFRAID.
So you think letting Saudis and Pakistanis into the US will reduce terrorism, and prevent wars.
You are nuts.
1 Bush > 2 Clintons + 1 Obama
Hell, Trump isn't even president yet and he's approaching 800K.
Dick
Nose
The only Wall is that by Pink Floyd. Here's that album, dedicated to the Don ...
Yeah, renting instead of buying is a great move!
That is right!
Instead of buying, Patrick invested the down payment money ($100,000) in AAPL at 50c/share (adjusted price). This week he sold 1/3 of his position at $110/share to buy a 2.5mil house cash + capital gains taxes. The examining equity position pays him over $120,000/y in dividends.
Worked out sort of like that for me. Waiting instead of buying allowed me to not sell under $200K company stock, that I was sure would go way up, to later cash it out, pay taxes and still have nearly $1.25 million. Picked up some cheaper out of state houses for around $50K a pop as well which cash flow.
200K wouldn't have bought me shit on the peninsula and if it did I would be seriously house poor right now.
That excludes the other small investments I had at the time which also grew well in this market. No debt that isn't a low leverage asset feels awesome!
You can tax the rich all you want, but the old model of taxation always applies, and applies to the rich more than anyone. If your tax burden is too high, people stop producing as much. Consequences of taxing anyone too highly is the same: they move or stop producing so your tax intake goes down anyway. Taxing less always leads to more production and a larger pie, but the key is to find the exact right ratio to maximize the pie and tax revenues at once.
Expanding the middle class with good jobs returning to the States would help tremendously with your overall tax revenues. And capital gains taxes could go to 25%, to incentivize real investment rather than passive stock trading.
Then do away with corporate loopholes and all incentives for offshoring, and adjust the maximum corporate tax down to 25%, to incentivize investment in job-creating activities.
That and leaving the income taxes mostly alone should produce a surplus rather than a deficit. Remember, the more people working, the fewer we must pay to sit around, and the more we can collect through taxes.
Also these new working people will buy stuff and make the economy grow. Pretty soon we will actually have a need for immigration as we will have more jobs to fill than citizens to fill them.
So everyone wins.
The Eastern mystics have it right. It's all about balance.
In surveys conducted before the election, no religious group backed the Republican candidate as strongly as white evangelical Protestants
IT was the cocaine sniffles that really locked it down for them. A lot of those born again types are recovering drug or alcohol addicts. On a subconscious level, they also respect the extreme dishonesty Trump displays.
When your choice is between an allegedly reformed philandering real estate investor and Mrs. Lucifer, you take your chances with the realtor. Nobody likes realtors, but they're mundane evil compared to the unquestioned malice of the KKKlinton dynasty.
I've gotten most of the annoying shitheads to put me on ignore. Looks like I've missed one. Dennis, you're about to get pwned so hard you'll have to ignore me just to avoid your daily rape shower!
https://www.urbandictionary.com/define.php?term=Rape+Shower&=true&defid=1450211
Monkey pictures of Obama have rather different connotations to ones that take the piss out of someone for being an orange hue, as you well know. But hey, what you're doing is getting par for the course for this site.
i remember this fool. he's apocolypsenow. he used to have weird rants about patrick.
maybe some kind of man love (hence a Hillary supporterr)
That is right!
Instead of buying, Patrick invested the down payment money ($100,000) in AAPL at 50c/share (adjusted price). This week he sold 1/3 of his position at $110/share to buy a 2.5mil house cash + capital gains taxes. The examining equity position pays him over $120,000/y in dividends.
People who rent don't generally drop 100k on a perfectly timed Apple purchase. Did Patrick? More to the point, what's stopping a homeowner from doing the equivalent, say now for example? After all, their mortgage payment from a 1997 purchase vs an equivalent rental would leave them plenty of spare change.
most people here don't care really.
patnetters are about making $ first and giving a crap about politics second.
Given your history of overtly racist posting, you seem to 'care' enough.
Yeah, renting instead of buying is a great move!
Cherry picking data is not good evidence. One could easily show dozens of examples throughout history were buying at the wrong time would bankrupt a person.
If you are assuming that you'll get lucky, the lotto is the best investment you can make. Turn one dollar into ten million. No better investment if you discount the odds.
If you lie down with dogs, you get up with fleas.
You need to take your dog to the vet. Most dogs don't have fleas.
Are you going out of NAC into equities then?
would be the logical conclusion of your post, right?
Wow this Dennis fella is very stupid. A failed loser with nothing better to do then willingly come to patnet to complain about patnet. Sounds like he is a miserable, self loathing, Clintonite! Waaaaaahhhhh
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