Forum Replies Created
-
AuthorPosts
-
carlsbadworker
Participant[quote=DataAgent]Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.[/quote]
The stock market breadth indicator actually predicts a bull market ahead. I actually think the market will be strong for at least three months when companies stock for Christmas buying season. After relentless cut of inventory across board in recent months, that additional inventory alone would push the GDP higher. And market will normally react to short-term news rather than long term picture of the US economy. Otherwise, who would still be buying long term treasury at 4% right now?
carlsbadworker
Participant[quote=DataAgent]Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.[/quote]
The stock market breadth indicator actually predicts a bull market ahead. I actually think the market will be strong for at least three months when companies stock for Christmas buying season. After relentless cut of inventory across board in recent months, that additional inventory alone would push the GDP higher. And market will normally react to short-term news rather than long term picture of the US economy. Otherwise, who would still be buying long term treasury at 4% right now?
carlsbadworker
Participant[quote=DataAgent]Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.[/quote]
The stock market breadth indicator actually predicts a bull market ahead. I actually think the market will be strong for at least three months when companies stock for Christmas buying season. After relentless cut of inventory across board in recent months, that additional inventory alone would push the GDP higher. And market will normally react to short-term news rather than long term picture of the US economy. Otherwise, who would still be buying long term treasury at 4% right now?
carlsbadworker
Participant[quote=DataAgent]Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.[/quote]
The stock market breadth indicator actually predicts a bull market ahead. I actually think the market will be strong for at least three months when companies stock for Christmas buying season. After relentless cut of inventory across board in recent months, that additional inventory alone would push the GDP higher. And market will normally react to short-term news rather than long term picture of the US economy. Otherwise, who would still be buying long term treasury at 4% right now?
carlsbadworker
Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
carlsbadworker
Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
carlsbadworker
Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
carlsbadworker
Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
carlsbadworker
Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
carlsbadworker
Participant[quote=Allan from Fallbrook]There’s porn on the internet?!?[/quote]
Economist just reported that this recession is especially hard on the porn industry. If the Valley used to make 5,000-6,000 films a year, it now makes perhaps 3,000-4,000. A young woman might have charged $1,000 for a straight scene before the crisis, but gets $800 or less now. Men are worse hit. If they averaged $500 for a straight scene in 2007, they are now lucky to get $300.
Internet is to be blamed for the slow down, with its copious free clips, is an increasingly viable alternative to the paid stuff.
As a contrarian investor, I think for those who missed the auto and homebuilder price appreciation since March needs to seriously look at the porn business. After all, the demand will never go away, with the economy recovering, people can again rush back to quality.
carlsbadworker
Participant[quote=Allan from Fallbrook]There’s porn on the internet?!?[/quote]
Economist just reported that this recession is especially hard on the porn industry. If the Valley used to make 5,000-6,000 films a year, it now makes perhaps 3,000-4,000. A young woman might have charged $1,000 for a straight scene before the crisis, but gets $800 or less now. Men are worse hit. If they averaged $500 for a straight scene in 2007, they are now lucky to get $300.
Internet is to be blamed for the slow down, with its copious free clips, is an increasingly viable alternative to the paid stuff.
As a contrarian investor, I think for those who missed the auto and homebuilder price appreciation since March needs to seriously look at the porn business. After all, the demand will never go away, with the economy recovering, people can again rush back to quality.
carlsbadworker
Participant[quote=Allan from Fallbrook]There’s porn on the internet?!?[/quote]
Economist just reported that this recession is especially hard on the porn industry. If the Valley used to make 5,000-6,000 films a year, it now makes perhaps 3,000-4,000. A young woman might have charged $1,000 for a straight scene before the crisis, but gets $800 or less now. Men are worse hit. If they averaged $500 for a straight scene in 2007, they are now lucky to get $300.
Internet is to be blamed for the slow down, with its copious free clips, is an increasingly viable alternative to the paid stuff.
As a contrarian investor, I think for those who missed the auto and homebuilder price appreciation since March needs to seriously look at the porn business. After all, the demand will never go away, with the economy recovering, people can again rush back to quality.
carlsbadworker
Participant[quote=Allan from Fallbrook]There’s porn on the internet?!?[/quote]
Economist just reported that this recession is especially hard on the porn industry. If the Valley used to make 5,000-6,000 films a year, it now makes perhaps 3,000-4,000. A young woman might have charged $1,000 for a straight scene before the crisis, but gets $800 or less now. Men are worse hit. If they averaged $500 for a straight scene in 2007, they are now lucky to get $300.
Internet is to be blamed for the slow down, with its copious free clips, is an increasingly viable alternative to the paid stuff.
As a contrarian investor, I think for those who missed the auto and homebuilder price appreciation since March needs to seriously look at the porn business. After all, the demand will never go away, with the economy recovering, people can again rush back to quality.
carlsbadworker
Participant[quote=Allan from Fallbrook]There’s porn on the internet?!?[/quote]
Economist just reported that this recession is especially hard on the porn industry. If the Valley used to make 5,000-6,000 films a year, it now makes perhaps 3,000-4,000. A young woman might have charged $1,000 for a straight scene before the crisis, but gets $800 or less now. Men are worse hit. If they averaged $500 for a straight scene in 2007, they are now lucky to get $300.
Internet is to be blamed for the slow down, with its copious free clips, is an increasingly viable alternative to the paid stuff.
As a contrarian investor, I think for those who missed the auto and homebuilder price appreciation since March needs to seriously look at the porn business. After all, the demand will never go away, with the economy recovering, people can again rush back to quality.
-
AuthorPosts
