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Postman (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 10:29 PM Original message |
Middle Class stock ownership. Why? Because its all they have anymore for retirement. |
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mrreowwr_kittty (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 10:37 PM Response to Original message |
1. The median retirement plan for 21 to 64 YOs is about $17000. |
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comradebillyboy (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 12:38 AM Response to Reply #1 |
11. I am retiring in 2 years and I think I'll be quite comfortable |
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cap (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 07:40 AM Response to Reply #11 |
17. you are relying on the government in your old age... |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 09:41 AM Response to Reply #17 |
19. Pensions are deferred income. |
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mrreowwr_kittty (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 09:30 AM Response to Reply #11 |
18. By your own admission, you spent 20 years making good money as an engineer |
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Rosemary2205 (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 09:26 PM Response to Reply #11 |
22. On the flip side |
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elizfeelinggreat (1000+ posts) Send PM | Profile | Ignore | Fri Apr-18-08 07:59 AM Response to Reply #22 |
30. well said, Rosemary |
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PassingFair (1000+ posts) Send PM | Profile | Ignore | Fri Apr-18-08 07:02 PM Response to Reply #22 |
33. "You are your own salvation" |
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cornermouse (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 10:39 PM Response to Original message |
2. I think its a pyramid scheme. |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 10:59 PM Response to Reply #2 |
7. It's the next "shoe" to drop.. mark my words |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 12:49 AM Response to Reply #2 |
12. You got it. That is exactly what it is. |
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Lasher (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 02:11 AM Response to Reply #12 |
14. The S&P 500 is now lower than it was on January 22, 2001. |
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Greyhound (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 01:38 PM Response to Reply #14 |
38. ...and the DJIA is adjusted to only include the best performing huge corporations. |
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Greyhound (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 11:27 PM Response to Reply #2 |
28. GIVE THAT MOUSE A CIGAR, WE HAVE A WINNER! n/t |
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AZ Criminal JD (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 03:35 PM Response to Reply #2 |
39. If it is a pyramid scheme it has been going on for over a 100 years. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 03:50 PM Response to Reply #39 |
41. Not so. A fraction of the population owns the biggest chunk of stock, |
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AZ Criminal JD (1000+ posts) Send PM | Profile | Ignore | Thu Apr-24-08 04:36 PM Response to Reply #41 |
46. People's 401ks and pensions are tied to stock. |
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Gman (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 10:44 PM Response to Original message |
3. And Obama would raise the capital gains tax on over half of American households |
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Postman (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 10:50 PM Response to Reply #3 |
4. Wrong. Over half of Americans DON'T own stock... |
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catnhatnh (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 10:54 PM Response to Reply #3 |
5. "More than half do not possess a single share" |
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JCMach1 (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 04:38 AM Response to Reply #5 |
15. Not true as most pension funds include shares in their makeup |
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Juche (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 10:55 PM Response to Reply #3 |
6. houses are excluded |
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Lasher (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 01:44 AM Response to Reply #6 |
13. 401(k)s and IRAs are not subject to capital gain or dividend taxes. |
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Cassandra (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 11:32 PM Response to Reply #3 |
8. You must be Charlie Gibson... |
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panAmerican (864 posts) Send PM | Profile | Ignore | Wed Apr-16-08 11:33 PM Response to Reply #3 |
9. You are misinformed. Capital gain tax rate is as low as 5% |
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razors edge (1000+ posts) Send PM | Profile | Ignore | Wed Apr-16-08 11:49 PM Response to Reply #3 |
10. Don't get me started G-man. |
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Gman (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 09:14 PM Response to Reply #10 |
20. LOL! |
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razors edge (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 10:15 PM Response to Reply #20 |
24. He who laughs last... |
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Rosemary2205 (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 09:17 PM Response to Reply #3 |
21. Liar. |
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Gman (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 09:59 PM Response to Reply #21 |
23. Why don't you read some of these first before you go calling people names |
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razors edge (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 10:43 PM Response to Reply #23 |
25. I checked you links. |
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Greyhound (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 11:22 PM Response to Reply #25 |
26. Waiting for a reply... |
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Gman (1000+ posts) Send PM | Profile | Ignore | Fri Apr-18-08 07:39 AM Response to Reply #25 |
29. What you ask |
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razors edge (1000+ posts) Send PM | Profile | Ignore | Fri Apr-18-08 06:48 PM Response to Reply #29 |
32. Many things predate pretty much every one alive, |
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PassingFair (1000+ posts) Send PM | Profile | Ignore | Fri Apr-18-08 07:27 PM Response to Reply #32 |
34. It's a new paradigm, DiktatrW.... |
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razors edge (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 07:35 AM Response to Reply #34 |
37. Meet the new boss, |
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razors edge (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 09:48 PM Response to Reply #29 |
43. Waiting for a reply, |
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AZ Criminal JD (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 03:42 PM Response to Reply #25 |
40. Faulty logic. |
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razors edge (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 10:00 PM Response to Reply #40 |
44. Interesting concept. |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 03:54 PM Response to Reply #3 |
42. Try again. Most capital gains accrue to the top 5%. |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 06:37 AM Response to Original message |
16. Sad to say, but thoughtful investment in the markets is the only way to save money anymore |
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Greyhound (1000+ posts) Send PM | Profile | Ignore | Thu Apr-17-08 11:24 PM Response to Original message |
27. This was planned out in the 60s by those that rule us. |
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elizfeelinggreat (1000+ posts) Send PM | Profile | Ignore | Fri Apr-18-08 08:03 AM Response to Reply #27 |
31. It seems clear to me |
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Greyhound (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 07:07 AM Response to Reply #31 |
36. Except for the interruptions of the Roosevelts, they have ruled this nation |
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Junkdrawer (1000+ posts) Send PM | Profile | Ignore | Fri Apr-18-08 07:37 PM Response to Original message |
35. I keep saying...as soon as interest rates to 6%, the Stock Market is toast... |
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TheFarseer (1000+ posts) Send PM | Profile | Ignore | Sat Apr-19-08 10:09 PM Response to Original message |
45. I think that is headed in the right direction |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 05:23 AM Response to Original message |
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