Year-to-date gain: 470%
Right at the time with the government shutdown no stock is safe or good to buy. I just hope the money I do have in the stock market does not do a vanishing act.
I haven't read the article. Don't want to either! I subscribe to Netflix and won't much longer. I am a capitalist and give people a bang for their buck. Netflix keeps strangling their streaming speed to the point that the movies keep stalling. I have a broadband connection and am able to stream 10 movies effectively if I desire. Netflix does not take care of their customers and will start suffering because of it. Buy their stock and go down with the ship!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
right now we are coming up to the end of the yr. w/ the holidays & people will be traveling to visit their
families & enjoying some vacation time. That said, I've seen some 'window washing' & just late buying so that @ the end of the year, the fund managers can say they owned a particular stock this yr even though they just bought it! Their prospectus looks great, they had all the winners attracting new investors and new money. If you truly owned any of these companies in Dec 2012, you have held for the 'long term capital gains tax of 20%, you are either a genius, or a huge risk taker able to loose your entire investment. If you just bought in recently and get profitable, & sell , short term capital gains tax is 40%. I bought Rite Aid @ $1.3875 in december 2012, so if i can just hold on till dec, i can save paying 20% more on taxes & if I hold till Jan 2014, i wont pay taxes on my capital gain until april 2015. I am not a genuis, i'm more of the latter; however, the 'cinderella' story behind RAD is a classic! The sector is pharmceutical, along w/ Walgreens & CVS & others!
I see only two that might stand a chance of continuing in business after current president begins his third term (the one for life.) 51+% will say it's okay, as long as the benees keep rollin' in. industry and industrialists will not.
clue #1. everything kia owns in its American (and other foreign) auto plants can be home in s/e asia within 30 days of the board's feeling a chill. not even a scrap of paper on the floor of the empty shell because it just might hold a trade secret.
why not? they nationalized American industry on their soil before and during WWII. turn-about is fair play. (i'm having trouble w/ f' followed by three letters today. if I miss one, please forgive me.) kia isn't the only one. do they trust American government? doubtful!
do s/e Asian executives think americans are smart enough to figure out 'we been had' and have enough guts to do anything about it? NO!
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