knapplc Posted May 7, 2013 Share Posted May 7, 2013 Took just over two months for the DOW to go from 14,000 to 15,000. Just imagine what it would have done had we elected a man who knows how to build business last November. Link to comment
strigori Posted May 7, 2013 Share Posted May 7, 2013 Now how long will it be before the 'main street' sees any of this growing corporate wealth? Same companies posting record growth will send out intercompany messages touting the stock performance, they turn around and deny the employees who made the company preform so well raises with some sort of 'blood from a turnip' line. Link to comment
StPaulHusker Posted May 7, 2013 Share Posted May 7, 2013 My children's college funds are happy..........For now Link to comment
carlfense Posted May 7, 2013 Share Posted May 7, 2013 Impressive considering that this happened under the thumb of socialism. Lot's of money being made. It'd be nice if the middle class and below saw some benefit. 6 Link to comment
QMany Posted May 7, 2013 Share Posted May 7, 2013 With all of the Thanks Obama GIFs, this is only fitting: 1 Link to comment
KJ. Posted May 12, 2013 Share Posted May 12, 2013 Impressive considering that this happened under the thumb of socialism. Lot's of money being made. It'd be nice if the middle class and below saw some benefit. Invest your money instead of keeping it under your mattress and you're seeing plenty of benefits. Link to comment
carlfense Posted May 12, 2013 Share Posted May 12, 2013 Impressive considering that this happened under the thumb of socialism. Lot's of money being made. It'd be nice if the middle class and below saw some benefit. Invest your money instead of keeping it under your mattress and you're seeing plenty of benefits. Unless you know something that I don't that would only work if the middle class and below already has money to invest. Link to comment
KJ. Posted May 12, 2013 Share Posted May 12, 2013 Impressive considering that this happened under the thumb of socialism. Lot's of money being made. It'd be nice if the middle class and below saw some benefit. Invest your money instead of keeping it under your mattress and you're seeing plenty of benefits. Unless you know something that I don't that would only work if the middle class and below already has money to invest. It doesn't take much to invest. If you can find an extra $5 a week from the time you're 20 until 60, you'd have accumulated $42,000 based on historical DJIA returns. Say the expenses are 1% (conservatively), and you'd be paying ~$0.025 in expenses each week. So it takes $5.03 a week. That might be tough if you're making minimum wage, but the middle class should be able to manage just fine. And if you go your whole life without being able to do better than making minimum wage, I'd say that's a personal problem. Link to comment
strigori Posted May 12, 2013 Share Posted May 12, 2013 You clearly have never lived in a cash strapped existence. And even above min wage its not exactly smooth sailing. We would all be better off if every company had to split earnings like the pro sports leagues do. 1 Link to comment
carlfense Posted May 12, 2013 Share Posted May 12, 2013 Impressive considering that this happened under the thumb of socialism. Lot's of money being made. It'd be nice if the middle class and below saw some benefit. Invest your money instead of keeping it under your mattress and you're seeing plenty of benefits. Unless you know something that I don't that would only work if the middle class and below already has money to invest. It doesn't take much to invest. If you can find an extra $5 a week from the time you're 20 until 60, you'd have accumulated $42,000 based on historical DJIA returns. Say the expenses are 1% (conservatively), and you'd be paying ~$0.025 in expenses each week. So it takes $5.03 a week. That might be tough if you're making minimum wage, but the middle class should be able to manage just fine. And if you go your whole life without being able to do better than making minimum wage, I'd say that's a personal problem. So after 40 years you'd have $42,000? I think that you might be missing the point . . . Link to comment
StPaulHusker Posted May 13, 2013 Share Posted May 13, 2013 Impressive considering that this happened under the thumb of socialism. Lot's of money being made. It'd be nice if the middle class and below saw some benefit. Invest your money instead of keeping it under your mattress and you're seeing plenty of benefits. Unless you know something that I don't that would only work if the middle class and below already has money to invest. It doesn't take much to invest. If you can find an extra $5 a week from the time you're 20 until 60, you'd have accumulated $42,000 based on historical DJIA returns. Say the expenses are 1% (conservatively), and you'd be paying ~$0.025 in expenses each week. So it takes $5.03 a week. That might be tough if you're making minimum wage, but the middle class should be able to manage just fine. And if you go your whole life without being able to do better than making minimum wage, I'd say that's a personal problem. So after 40 years you'd have $42,000? I think that you might be missing the point . . . But that's based off of investing $10,400, so I think he makes a good point. Its not great in the overall view but it would be considerably more than what they would have if they did nothing at all. Link to comment
carlfense Posted May 13, 2013 Share Posted May 13, 2013 So after 40 years you'd have $42,000? I think that you might be missing the point . . . But that's based off of investing $10,400, so I think he makes a good point. Its not great in the overall view but it would be considerably more than what they would have if they did nothing at all. You serious Clark? Link to comment
BigRedBuster Posted May 13, 2013 Share Posted May 13, 2013 Impressive considering that this happened under the thumb of socialism. Lot's of money being made. It'd be nice if the middle class and below saw some benefit. Invest your money instead of keeping it under your mattress and you're seeing plenty of benefits. Unless you know something that I don't that would only work if the middle class and below already has money to invest. So....now the middle class have no retirement accounts and 401Ks? Link to comment
StPaulHusker Posted May 13, 2013 Share Posted May 13, 2013 So after 40 years you'd have $42,000? I think that you might be missing the point . . . But that's based off of investing $10,400, so I think he makes a good point. Its not great in the overall view but it would be considerably more than what they would have if they did nothing at all. You serious Clark? Look. You both make valid points. KJ bases it off of $5 a week. You are saying that it isn't much after 40 years. Clearly it's not enough in that time frame. But from the base KJ listed, its more than what they would have if they didn't invest it. Link to comment
carlfense Posted May 13, 2013 Share Posted May 13, 2013 But from the base KJ listed, its more than what they would have if they didn't invest it. And you think that is a significant point? Link to comment
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