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Old 10-22-2017, 06:48 AM  
VRPdommy
Too lazy to set a custom title
 
Industry Role:
Join Date: Oct 2014
Posts: 11,181
Quote:
Originally Posted by OneHungLo View Post
With the economy booming, stock market on fire, tax reform getting handled by the Final Boss DT, even your dumb lib overlords are starting to fall in to place.. bowing down before Trump
The economy is not BOOMING.
Corporate profits are BOOMING because they CUT JOBS. There are no profits in JOBS ! And no tax collection either so your share of taxes goes up with each job loss.

The Stock Market is on fire because everyone is expecting to bring overseas money home without paying taxes on it. Spreading some extra love on the shareholders. But that money will be squandered by the company elite before the shareholder gets a much smaller share.

And with additional tax breaks that the working class will have to pay for 'at a later date', it's not so rosy of a outlook for me anyway.
I'll sell my stocks before everyone realizes it's not going to pay off they way they think and buy short options going forward.
I bow to nobody for anything except to take what I can get from the writing on the wall.
You can't make any money doing what everyone else is doing. They are wrong most of the time.
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