down 603 at the moment
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down 603 at the moment
Lost 7k in the past few minutes. Biggest underperformer that killed me so far the past few weeks has actually been Apple's steady decline from that $134 mark though.
Well anyone who bought at the bell this morning is having a pretty good day so far...
Dow Drops 1,000 Points In Early Trading
http://www.huffingtonpost.com/entry/...ef=mostpopular
unregulated, untaxed capitalism is a fucking riot, n'est pas?
Yesterday night, financial news reported that China (Monday morning for them) had a major sell off so the writing was on the wall for today.Quote:
Originally Posted by Spurminator
What? You're way off message in this thread. This selloff isn't about regulations/taxes/etc., it's simply about china's economy, and we're all affected in a globalized world.Quote:
Originally Posted by boutons_deux
It's a shitshow this morning. Liquidity is even worse than the flash crash. The system is so jammed that people can't even make trades.
Where's this "unregulated, untaxed capitalism" happening? It sure isn't in the US or China.Quote:
Originally Posted by boutons_deux
stock trading on wall st is untaxed, unregulated. high speed trading is a scam. just mention a "sales tax" on stock trading and watch the financial criminals scream like fat pigs.Quote:
Originally Posted by Clipper Nation
your financial person will churn your stocks to kill your profits by pocket trading fees, but the buying/selling is untaxed.
Did I miss where the capital gains tax was repealed and the SEC shut down?Quote:
Originally Posted by boutons_deux
If the stock market is untaxed, then I'm owed a hefty refund.
Down over 10K.Quote:
Originally Posted by CosmicCowboy
>10KQuote:
Originally Posted by tlongII
This is the game boys. I'm not going anywhere. Live by the sword die by the sword.
Ill take on more work and make it up.
stock market TRADING is untaxed.Quote:
Originally Posted by Spurminator
The gains are taxed. And why should you get taxed on trades that yield realized losses?Quote:
Originally Posted by boutons_deux
when you sell (for loss or gain), somebody buys, so there should be a "sales tax" on the saleQuote:
Originally Posted by DMX7
We need a little context here.Quote:
Originally Posted by DarrinS
Glad I'm not in too deep right now, sitting on a mountain of cash going on 2 years now
Again, false. As usual, you're confusing "not up to your extremist standards" with "nonexistent."Quote:
Originally Posted by boutons_deux
The funny thing is, China would be your dream stock market. The top 12 companies are all owned and operated by the government. They've literally banned the biggest shareholders from selling stock for six months in a frantic attempt to prop up the system. And it's a disaster.
I've earned way more in dividends and net gains that what i've lossed (not even a realized loss) in the last week. Earning 1% interest on your "mountain of cash" is for suckers. You've lost money on inflation alone.Quote:
Originally Posted by m>s
The market has rebounded BIG TIME from this morning. Down less than 1% now.
when anybody buys stock, what is the govt tax rate on the purchase?Quote:
Originally Posted by Clipper Nation