Easy way to double the net worth of 60% of all US households
- Thread starter futurecurrents
- Start date
Not false. And I NEVER said we would get rid of the Fed. Not to worry Ricter, the gap between the rich and the poor will keep widening just like you want. You have nothing to worry about. The Fed is not going anywhere.
Hey Ricter, hot off the press:
http://www.bloomberg.com/news/2014-...th-3-7-trillion-surge-as-gates-wins-2013.html
Hmm....it seems all their wealth increases came from stock appreciation....hmm.
âThe rich will keeping getting richer in 2014,â John Catsimatidis, the billionaire founder of real estate and energy conglomerate Red Apple Group Inc., said in a telephone interview from his New York office. âInterest rates will remain low, equity markets will keep rising, and the economy will grow at less than 2 percent.â
Bill Gates, the founder and chairman of Redmond, Washington-based Microsoft Corp., was the yearâs biggest gainer. The 58-year-old tycoonâs fortune increased by $15.8 billion to $78.5 billion, according to the index, as shares of Microsoft, the worldâs largest software maker, rose 40 percent.
Gates recaptured the title of worldâs richest person on May 16 from Mexican investor Carlos Slim. Gatesâs fortune has also benefited from a rally in stock holdings that include the Canadian National Railway Co. and sanitizing-products maker Ecolab Inc., which rose 34 percent and 45 percent respectively.
Most of Gatesâs assets are held in Cascade Investment LLC, an entity through which he owns stakes in about three dozen publicly traded companies and several closely held businesses, including Four Seasons Hotels and Resorts and Corbis Corp., a photo-archive company.
Companies in the S&P 500 are worth $3.7 trillion more today than they were 12 months ago following a year when Federal Reserve Chairman Ben S. Bernanke signaled the curtailment of economic stimulus. The bull market, born at the depths of the credit crisis, enters its sixth yearfueled by near-zero interest rates and conviction among investors that itâs finally safe to own equities again.
Sheldon Adelson, founder of Las Vegas Sands Corp., the worldâs largest casino company, was the second-biggest gainer in 2013, adding $14.4 billion to his net worth as the companyâs shares rose 71 percent.
Shutterstock Inc. founder Jonathan Oringer rode a 222 percent surge in his companyâs stock to become the first billionaire to emerge from Silicon Alley, a collection of technology startups in New York. The 39-year-old founded Shutterstock in 2003 with 30,000 of his own pictures and turned it into the worldâs largest stock photo and video marketplace. He has net worth of $1.5 billion.
C. James âJimâ Koch popularized craft beer in the U.S. and transformed Boston Beer Co. into the second-largest American-owned brewery. It also made him a billionaire, as frothy sales of his flagship Samuel Adams brand helped Boston Beer stock rally 80 percent in the past year.
Jonathan Gray, the 43-year-old who runs Blackstone Group LPâs real estate business, became a billionaire when shares of the New York-based private-equity firm surged in May. Blackstone stock doubled last year as the company sold assets and returned money to private and public shareholders. Gray has a fortune valued at $1.4 billion.
Elon Muskâs net worth had the biggest percentage gain by a self-made billionaire, surging 233 percent during the year. Muskâs Tesla Motors Inc., the electric-car maker being reviewed by U.S. regulators over battery-related fires, more than quadrupled, helping the billionaire add $5.6 billion to his fortune.
Mark Zuckerberg was technologyâs biggest dollar gainer, adding $12.4 billion to his net worth as Facebook Inc. shares more than doubled. The chief executive officer of the worldâs largest social-networking company sold more than $2 billion in stock last month and donated another $1 billion to the Silicon Valley Community Foundation.
The fortunes of Larry Page and Sergey Brin, the founders of Google Inc., surged about $10 billion each as the worldâs largest search-engine business rose 58 percent.
So Ricky, I think you have some splaining to do here.
http://www.bloomberg.com/news/2014-...th-3-7-trillion-surge-as-gates-wins-2013.html
Hmm....it seems all their wealth increases came from stock appreciation....hmm.
âThe rich will keeping getting richer in 2014,â John Catsimatidis, the billionaire founder of real estate and energy conglomerate Red Apple Group Inc., said in a telephone interview from his New York office. âInterest rates will remain low, equity markets will keep rising, and the economy will grow at less than 2 percent.â
Bill Gates, the founder and chairman of Redmond, Washington-based Microsoft Corp., was the yearâs biggest gainer. The 58-year-old tycoonâs fortune increased by $15.8 billion to $78.5 billion, according to the index, as shares of Microsoft, the worldâs largest software maker, rose 40 percent.
Gates recaptured the title of worldâs richest person on May 16 from Mexican investor Carlos Slim. Gatesâs fortune has also benefited from a rally in stock holdings that include the Canadian National Railway Co. and sanitizing-products maker Ecolab Inc., which rose 34 percent and 45 percent respectively.
Most of Gatesâs assets are held in Cascade Investment LLC, an entity through which he owns stakes in about three dozen publicly traded companies and several closely held businesses, including Four Seasons Hotels and Resorts and Corbis Corp., a photo-archive company.
Companies in the S&P 500 are worth $3.7 trillion more today than they were 12 months ago following a year when Federal Reserve Chairman Ben S. Bernanke signaled the curtailment of economic stimulus. The bull market, born at the depths of the credit crisis, enters its sixth yearfueled by near-zero interest rates and conviction among investors that itâs finally safe to own equities again.
Sheldon Adelson, founder of Las Vegas Sands Corp., the worldâs largest casino company, was the second-biggest gainer in 2013, adding $14.4 billion to his net worth as the companyâs shares rose 71 percent.
Shutterstock Inc. founder Jonathan Oringer rode a 222 percent surge in his companyâs stock to become the first billionaire to emerge from Silicon Alley, a collection of technology startups in New York. The 39-year-old founded Shutterstock in 2003 with 30,000 of his own pictures and turned it into the worldâs largest stock photo and video marketplace. He has net worth of $1.5 billion.
C. James âJimâ Koch popularized craft beer in the U.S. and transformed Boston Beer Co. into the second-largest American-owned brewery. It also made him a billionaire, as frothy sales of his flagship Samuel Adams brand helped Boston Beer stock rally 80 percent in the past year.
Jonathan Gray, the 43-year-old who runs Blackstone Group LPâs real estate business, became a billionaire when shares of the New York-based private-equity firm surged in May. Blackstone stock doubled last year as the company sold assets and returned money to private and public shareholders. Gray has a fortune valued at $1.4 billion.
Elon Muskâs net worth had the biggest percentage gain by a self-made billionaire, surging 233 percent during the year. Muskâs Tesla Motors Inc., the electric-car maker being reviewed by U.S. regulators over battery-related fires, more than quadrupled, helping the billionaire add $5.6 billion to his fortune.
Mark Zuckerberg was technologyâs biggest dollar gainer, adding $12.4 billion to his net worth as Facebook Inc. shares more than doubled. The chief executive officer of the worldâs largest social-networking company sold more than $2 billion in stock last month and donated another $1 billion to the Silicon Valley Community Foundation.
The fortunes of Larry Page and Sergey Brin, the founders of Google Inc., surged about $10 billion each as the worldâs largest search-engine business rose 58 percent.
So Ricky, I think you have some splaining to do here.
So why doesn't your Obama or whoever you bow to in the morning.
Why doesn't he fix it, why doesn't he lead. WHY ISN'T HE A LEADER.
You never have answers for any of that, beyond your pay range eh.
Quote from Maverick74:
Hey Ricter, hot off the press:
http://www.bloomberg.com/news/2014-...th-3-7-trillion-surge-as-gates-wins-2013.html
Hmm....it seems all their wealth increases came from stock appreciation....hmm.
âThe rich will keeping getting richer in 2014,â John Catsimatidis, the billionaire founder of real estate and energy conglomerate Red Apple Group Inc., said in a telephone interview from his New York office. âInterest rates will remain low, equity markets will keep rising, and the economy will grow at less than 2 percent.â
Bill Gates, the founder and chairman of Redmond, Washington-based Microsoft Corp., was the yearâs biggest gainer. The 58-year-old tycoonâs fortune increased by $15.8 billion to $78.5 billion, according to the index, as shares of Microsoft, the worldâs largest software maker, rose 40 percent.
Gates recaptured the title of worldâs richest person on May 16 from Mexican investor Carlos Slim. Gatesâs fortune has also benefited from a rally in stock holdings that include the Canadian National Railway Co. and sanitizing-products maker Ecolab Inc., which rose 34 percent and 45 percent respectively.
Most of Gatesâs assets are held in Cascade Investment LLC, an entity through which he owns stakes in about three dozen publicly traded companies and several closely held businesses, including Four Seasons Hotels and Resorts and Corbis Corp., a photo-archive company.
Companies in the S&P 500 are worth $3.7 trillion more today than they were 12 months ago following a year when Federal Reserve Chairman Ben S. Bernanke signaled the curtailment of economic stimulus. The bull market, born at the depths of the credit crisis, enters its sixth yearfueled by near-zero interest rates and conviction among investors that itâs finally safe to own equities again.
Sheldon Adelson, founder of Las Vegas Sands Corp., the worldâs largest casino company, was the second-biggest gainer in 2013, adding $14.4 billion to his net worth as the companyâs shares rose 71 percent.
Shutterstock Inc. founder Jonathan Oringer rode a 222 percent surge in his companyâs stock to become the first billionaire to emerge from Silicon Alley, a collection of technology startups in New York. The 39-year-old founded Shutterstock in 2003 with 30,000 of his own pictures and turned it into the worldâs largest stock photo and video marketplace. He has net worth of $1.5 billion.
C. James âJimâ Koch popularized craft beer in the U.S. and transformed Boston Beer Co. into the second-largest American-owned brewery. It also made him a billionaire, as frothy sales of his flagship Samuel Adams brand helped Boston Beer stock rally 80 percent in the past year.
Jonathan Gray, the 43-year-old who runs Blackstone Group LPâs real estate business, became a billionaire when shares of the New York-based private-equity firm surged in May. Blackstone stock doubled last year as the company sold assets and returned money to private and public shareholders. Gray has a fortune valued at $1.4 billion.
Elon Muskâs net worth had the biggest percentage gain by a self-made billionaire, surging 233 percent during the year. Muskâs Tesla Motors Inc., the electric-car maker being reviewed by U.S. regulators over battery-related fires, more than quadrupled, helping the billionaire add $5.6 billion to his fortune.
Mark Zuckerberg was technologyâs biggest dollar gainer, adding $12.4 billion to his net worth as Facebook Inc. shares more than doubled. The chief executive officer of the worldâs largest social-networking company sold more than $2 billion in stock last month and donated another $1 billion to the Silicon Valley Community Foundation.
The fortunes of Larry Page and Sergey Brin, the founders of Google Inc., surged about $10 billion each as the worldâs largest search-engine business rose 58 percent.
So Ricky, I think you have some splaining to do here.
Mav, you're wasting your time. Ricter is a disciple of Krugman.
so am I
he was upset that the fica tax holiday was eliminated
believes in low taxes and heavy spending in down times
and high taxes and low spending in good times
Just like Keynes
Please link to a statement made by Krugman in the last 10 years that has Krugman advocating that taxes should be lowered.
Krugman wants more spending - period. Whether it be by the consumer or by the government. There is never room for savings in his world.
But I appreciate you self-declaring for him. Now I know to treat you with economic kid gloves as well.
As i recall krugman used to always call the tax cuts within the stimulus wasteful and largely inefficient, i remember because i remember thinking what a moron he was and what a full blown commie he is thinking the government is more efficient at spending money then the people whose money it is in the first place are.
Oh no, kid is right. Krugman does call for low taxes. But it's a con. If you read all the way through he tells you he wants lower taxes for like the bottom 5%. Of course the joke is they already pay ZERO taxes but he gets to go on TV and say, hey, I want lower taxes too.
You will NEVER see Krugman argue for lower taxes for the middle class. He despises the middle class as that class of people does NOT exist in the northeast where he lives. To him, the middle class is this group of religious white people who live in the flyover states and shop at Walmart and watch Leno and he WANTS their money so it can go to the rich oligarchs of the northeast and to the poor of the northeast. Krugman is a fraud. Pure and simple.
