long 10 puts, 40 dollars (138 strike expires this week.) on SPY
If FOMC and the other economic news spook the market I could make some change.
or lost lunch money.
And focus on being the fiscal conservative/small government party? Stop trying to police peoples private affairs, leave that up to the states and local government?
Americans with 401K. They provide a market for this garbage and this is how they provide the wealth transfer from Joe Six pack to the Wallstreet/banking industry.
Just like the SEC went through Madoff's Ponzi with a fine tooth comb. OR MF global or PFG
Yeah do you really trust the government to do a bang up job.
Now public scrutiny could shine a light on his returns that would bring the attention of higher senior level IRS folks to look over his...
Republicans are all talk. They would never cut foodstamps or welfare.(A back door Lemon socialist program)
Otherwise Walmart would not be able to pay those low wages.
But if that is the case, then just release them. Not like no one is going to be surprised that he pays no taxes or maybe 15% at best.
The whole "I wont release" just adds too much mystery/suspicion/uncertainty and that is worse.
Unless what he has is so bad that (or illegal) that he would...
Found this interesting 4 page article. He definately was the Classic Gordon Gekko.
ie: borrowing against the company using the Pensions pools of the companies he bought, then using that borrowed money to pay himself a special dividend. Finally liquidation.
I do remember the 1980s was a...
Funny you mention that. My wife said something that his IRA was X amount of dollars and she that that made no sense. I told here I agree but that maybe she heard something wrong.
Since 401Ks are capped in the amount you can put into every year.
but all this speculation is not helping him...
Those short term trade taxes are expensive.
IT is said he has some kind of corporation he gets paid a dividend.
So can I just create some kind of corporation, buy "Shares" in it and they just pay myself a dividend taxed at 15% from my options/trading money?
The non disclosure is doing damage. more damage than disclosure. Unless
So something makes no sense.
#1 if he barely paid any taxes, so what if he releases it it will be a big yawn and everyone would think "I knew that" and end of story.
The only thing I could think is he broke the law...
Would such a thing make sense.
An ETF that buys crappy companies so that you can buy the ETF and sell it for tax loss purposes?
It would have companies like Groupon,ANGI,FB etc..
I did not go to college, I learned a Trade. by the time people in my age group finished college I already had a nice head start. I had a home and a good amount of savings. And real life experience.
By the time it come out in a book the value of the strategy has been exhausted and they are just trying to collect whatever residual value is left by selling to book to the masses.