patrick.net

1 Bush > 2 Clintons + 1 Obama

Hell, Trump isn't even president yet and he's approaching 800K.

Dick

Nose

Racist fuck:

The only Wall is that by Pink Floyd. Here's that album, dedicated to the Don ...

www.youtube.com/embed/M5qpfNfv8Qw

Dick nose Dennis claims PatNet has racists.

Dennis Baughn says

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.

Dennis Baughn says

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&amp=true&defid=1450211

Dennis Baughn says

we're stuck with your Orange Messiah for the next four years.

Thank Christ.

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)

FP says

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.

Dennis Baughn says

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.

Dennis Baughn says

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.

SubOink says

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

Dennis Baughn says

I am not afraid of terrorists.

Dennis Baughn says

I say let them come HERE

Dennis Baughn says

I am not afraid of terrorists.

Dennis Baughn says

I say let them come HERE

Dennis Baughn says

I am not afraid of terrorists.

Dennis Baughn says

I say let them come HERE

Dennis Baughn says

I am not afraid of terrorists.

Dennis Baughn says

I say let them come HERE

Heraclitusstudent says

That will make a lot of homeless people if we don't build affordable homes.

Wait until 2020-2024 this isn't the cycle for housing starts and affordable housing

FP says

Instead of buying, Patrick invested the down payment money ($100,000) in AAPL at 50c/share (adjusted price).

I invested $1.00 on a lottery ticket, and got back $100,000,000.00

Trump robot defending the border:

What alternative are you seeking?

Are you suggesting that Patrick filter/delete content? Are you suggesting people's opinions should be censored? Are you suggesting that he actively moderate this forum like the thousands other forums that are out there?

If you notice he doesn't do any of those things to either side. And that's why I and so many people are here. I can listen, learn from, and interact with both sides.

Remember, you can always leave if you don't like something. Why don't you if you don't like the way this site is ran? Consider that there are thousands of sites out there that you can go to where site owners will delete, censor, and moderate people's opinions that they don't like, agree with, or break the rules that they themselves have imposed. Fuck that.

I for one very much value seeing how people think and approach issues. Some of it I agree with some of it I don't. Some of it I like, some of it I don't. If it's real let's see it!

BayArea says

And that's why I and so many people are here.

How many people regularly post on here? It doesn't seem many at all.

It was a smart move anyway! Just consider how cheap he is. He would be fixing his own roof instead of hiring pros and fall from it ending on wheelchair.

Life has weird way of turning out.

Instead he is well, happy, fully invested in index funds, very flexible - can rent anywhere he wants, he's not going to be raising kids in one of the highest suicide rate community.

I think it was a very smart move!

Dennis Baughn says

Strategist says

Don't blame the opinions of individuals on Patrick.

So if I buy a piece of property an invite racists, Nazis, and the Westboro Baptist Church over and give them free rein, it's not my fault?

Duh. EVERYTHING on this website belongs to and is condoned by PATRICK. HE IS THE OWNER.

He could ban you because you criticize him, but he does not because he believes in freedom of speech.
I also believe you are a racist for supporting Islam, a disgusting racist and misogynist cult.

Dennis Baughn says

NEWSFLASH: Trump is a Republican, not a third party candidate.

A correct description would be.......Trump is a third party candidate who hijacked the Republican party.

Dennis Baughn says

Strategist says

Don't blame the opinions of individuals on Patrick.

So if I buy a piece of property an invite racists, Nazis, and the Westboro Baptist Church over and give them free rein, it's not my fault?

Duh. EVERYTHING on this website belongs to and is condoned by PATRICK. HE IS THE OWNER.

They certainly do not have free reign

Patrick empowered you to have the absolute power to remove them from your existence. Put them on ignore, and they cease to exist. Cry about having to share your right to Free Speech, and you empower them!

You're not the brightest tool in the shed, jackass

Dennis Baughn says

Terrorism relies EXACTLY on that: terror and fear.

Everyone should fear Islamic terrorism. The damage caused to innocent lives and the economy is extraordinary.
People like you who are foolishly sympathetic to the worst religion on the planet need to get some education.

Dennis Baughn says

Even an idiot knows you can't build a 2000 mile wall to defend against people who want to pick lettuce. Think about it. A 2000 MILE WALL.

I guess you you have never heard of an even longer "Great Wall of China" built in primitive times to keep invaders out.
We need lettuce pickers. They should come in legally. It's the criminals we do not need.

Dennis Baughn says

I am not afraid of terrorists.

Dennis Baughn says

I say let them come HERE

Dennis Baughn says

Strategist says

Everyone should fear Islamic terrorism.

Don't tell me to live in fear, buddy. That's YOUR choice, not MINE.

I'm not just talking about lives, but the economic loss to us too. 911 cost us like hell if you account for the wars it created. We have to put an end to terrorism, it's not a choice.

Strategist says

FP says

Instead of buying, Patrick invested the down payment money ($100,000) in AAPL at 50c/share (adjusted price).

I invested $1.00 on a lottery ticket, and got back $100,000,000.00

You missed the point.

Dennis Baughn says

When asked why he changed this site to a "free speech" (read racism) format, Patrick said he was "tired of talking about real estate."

Congratulations Dennis, I feel I'm fairly tolerant and can give-and-take with the best of them. I've only got one person on ignore, I'm adding you to that exclusive club.