Posted:
#1
Is trump dropping his tariffs and folding to the Chinese will or is this Fake news till he Twitters the legal document !
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What does no additional tariffs mean
Posted:
#4
Quote Originally Posted by joe pockets:
Is trump dropping his tariffs and folding to the Chinese will or is this Fake news till he Twitters the legal document !
this means higher tarrifs. Very simple what ever is stated at the g20 means usually they will do the opposite. When omg and world.bank stated economic easing ment loans were harder to obtain. When they say no more tarrifs it is because tarrifs are the highest they ever had been in dollars. When Trump says America first means the favorite eggs on the white house page were made abroad....yes even a green Christmas tree should be Soviet red.....
Is trump dropping his tariffs and folding to the Chinese will or is this Fake news till he Twitters the legal document !
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Posted:
#5
Quote Originally Posted by TheGoldenGoose:
Amen. I don't work. I need my investments to produce.
Amen. I don't work. I need my investments to produce.
I 'm retired as well and share the same sentiment.........It is not that easy to get solid gains nowadays with all the hedge fund and mutual funds having the unfair advantage of computerized trading and instant information and news.
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Posted:
#9
Quote Originally Posted by JimmyDrizzl:
I 'm retired as well and share the same sentiment.........It is not that easy to get solid gains nowadays with all the hedge fund and mutual funds having the unfair advantage of computerized trading and instant information and news.
I am not sure what exactly you mean with this. The object is not to beat the top guys — this is what they do for a living (you can follow/join them). The object is to get the best return that you can. If you feel that you are not getting a good return —- you need to re-evaluate what your guys (or you) have you invested in. We are in a good market the last 10 years, a fantastic market the last 5 years, and the last 2 years have been amazing. Sure the S&P has out-performed a lot of mutual funds —- but there are plenty of mutual funds that have out-performed the S&P.
This last bull market has been the time where you should have been building up a fantastic retirement nest egg.
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Posted:
#10
Quote Originally Posted by Midnight1:
Owning small positions in Apple, Tesla & Qualcomm still doesn't make me smile or forget how the market has tanked.
Not trying to be a David Dennison Downer but let's stay real here.
The market has not tanked? Ok to have a few individual stocks. But this certainly is not a complete investing strategy. You should be investing for the long-term. Unless you bought at the high point in the last year.
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Posted:
#11
In trade wars, everyone lose. Trump and Xi agreed to keep their trade war from escalating by halting new tariffs for 90 days. But core conflicts remain unresolved. Despite ceasefire, experts are skeptical that differences can be settled because Trump and Xi are unlikely to make concessions.
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Posted:
#14
Quote Originally Posted by joe pockets:
If only the GOP TAX plan did away will capital gains at 15%'and treat them as true income like the lunch pail carrier pays "20 to 24 % "maybe we wouldn't have to borrow every year
President John Kennedy saw much of the folly in our anti-capital formation tax policy when he said, "The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital . . . the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy."
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Posted:
#15
Quote Originally Posted by Raiders22:
President John Kennedy saw much of the folly in our anti-capital formation tax policy when he said, "The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital . . . the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy."
Before Ray-guns tax cut the Forbes 500 richest were all millionaires now there billionaires the money came from the middle class, the rich pre Ray-gun had to reinvest to keep,there tax level lower ...Now they pocket it! Now more than ever a job is byproduct of someone making $
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Posted:
#16
Quote Originally Posted by Raiders22:
Quote Originally Posted by Midnight1:
Owning small positions in Apple, Tesla & Qualcomm still doesn't make me smile or forget how the market has tanked. Not trying to be a David Dennison Downer but let's stay real here.
The market has not tanked? Ok to have a few individual stocks. But this certainly is not a complete investing strategy. You should be investing for the long-term. Unless you bought at the high point in the last year.Owning small positions in Apple, Tesla & Qualcomm still doesn't make me smile or forget how the market has tanked. Not trying to be a David Dennison Downer but let's stay real here.
I just named a few investments that got hammered in the last few months that also happen to be my favorites among others. We are totally diversified as I'm sure most are.
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Posted:
#17
Quote Originally Posted by Midnight1:
The market has not tanked? Ok to have a few individual stocks. But this certainly is not a complete investing strategy. You should be investing for the long-term. Unless you bought at the high point in the last year.
The market has not tanked? Ok to have a few individual stocks. But this certainly is not a complete investing strategy. You should be investing for the long-term. Unless you bought at the high point in the last year.
I just named a few investments that got hammered in the last few months that also happen to be my favorites among others. We are totally diversified as I'm sure most are.
Okay. First, I rarely advise folks to have too much in individual stocks.
Second, if you are comparing a spot that is down from the high point —- you will always be negative, by definition. You should be looking longterm and comparing where you are today against where you were 10-15 years ago.
Sure, if you just happened to start investing a few months ago —- you have a ways to go. But just hang in there and prepare for the longterm.
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Posted:
#18
Quote Originally Posted by joe pockets:
Before Ray-guns tax cut the Forbes 500 richest were all millionaires now there billionaires the money came from the middle class, the rich pre Ray-gun had to reinvest to keep,there tax level lower ...Now they pocket it! Now more than ever a job is byproduct of someone making $
No sir. This is exactly how it does not work. Even FDR who advocated taxing the rich to death, realized this and was for a reverse sliding scale on capital gains.
Simply reason it out and put yourself in the rich person’s situation and think of what you would do if capital gains were raised on your investments.
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Posted:
#19
Quote Originally Posted by wallstreetcappers:
Its called a media based smoke screen so the kiddies are not noticing that Trump is spending like the BK champ he is. Keep watching this China tv show while Trump and congress spends your kids into horrendous debt all under the current economic conditions which arent all that bad.
Its called a media based smoke screen so the kiddies are not noticing that Trump is spending like the BK champ he is. Keep watching this China tv show while Trump and congress spends your kids into horrendous debt all under the current economic conditions which arent all that bad.
Has that spending and debt now?
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Posted:
#20
@UNIMAN
So a 6 year bump and that is your comment? My reply was not partisan it was based on very acute economic truth. In 2018 this was pre-covid and ZIRP was strongly in place, no issues economically and yet Trump ran massive deficits and debt. What was inaccurate with my comment? When economic times are good you reduce debt and run a surplus to prepare for the future economic issues which always come. No, Trump played spectacle fake games and tried to punish China with tariffs and of course they did not work and here we are.
So what part of my message was deserving of a 5.5 year bump? And why were you bumping threads anyway, are you needing some attention?
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Posted:
#21
Trump promised to increase US exports and manufacturing but failed. He signed a trade deal with China. Instead China imports from US barely budged. Now he wants higher tariffs on all imports from all countries if re-elected. However Biden tariffs appear more strategic and could give US electric vehicle industry time to grow. Without tariffs, US cars could be undercut by cheaper imports.
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Posted:
#23
@Raiders22
Nice partisan comment but given your funny logic there would be zero new threads ever created because you can always find another one that existed previously, even when you trail back over five years to find one. What a complete waste of time bumping threads to suggest a new thread does not serve a purpose. Isnt there more valuable things that can be done which add value than yet another stupid attempt to rub crap in the face of the other party?
Time for you guys to grow up and quit being morons.
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Posted:
#24
@wallstreetcappers
Correct. It is partisan because Biden is the one doing it now.
If you feel that a new tariff thread concerning Biden should be started -- go ahead and start a new one.
Nonsense to say a new thread would never be started -- there are plenty of topics that have not been covered before. But this one has been.
But I can see how starting a new thread about Biden's tariffs might be better.
Then it would for sure be partisan.
It certainly serves a purpose if someone wants to discuss it -- that is what the forum is for.
Are you for the tariffs or not? Why, or why not? 
It is also probably past time for you to stop calling people 'morons' and saying they should 'grow up'.
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Posted:
#25
For example:
Inconveniently for the administration’s new push for tariffs, nobody has rebutted the dubious economics of protectionism better than Joe Biden. Slamming the trade warfare of Donald Trump in 2019, Biden ridiculed the notion “tariffs are being paid by China.” As the then-candidate continued, “Any freshman econ student could tell you that the American people are paying his tariffs.” A few months later, Biden once again condemned Trump’s “irresponsible tariff war with China,” pledging to “reverse his senseless policies.” In office, however, Biden has proved as unfree a trader as his predecessor, subordinating his erstwhile clarity to aspirations for industrial policy and central planning.
Tariffs, like any taxes, raises prices. Justification for this new batch stems primarily from Biden’s disbelief in economic tradeoffs. The president aims to have his cake and ensure it’s made in America, too. It seeks a breakneck transition to electric vehicles (EVs) and solar power. But simultaneously, it will levy prohibitively high tariffs to bar foreign manufacturers from providing low-cost and consumer-friendly products that would speed that transition.
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