More good tax news for investors on this side of the Pacific today. Interesting factoid in the article is that only 23% of people in the $50,000-$75,000 income bracket have any taxable investments. And even at the $1 million income level there are still 19% who don't.
2 comments:
mOOm, I'm a little direction-less at the moment. Today didn't really faze much as it only really takes us back to where we were like 4 days ago. My bigger concern is when to underweight energy, commodity plays, and heavy equipment. I remember the tech wreck and sectors that go sky high come back. I'll be pulling back on this tomorrow and early next week. My gut tells me go for big tech but it's hard to know when. This is where semi tech following Econ Professors from NY can chime in.
I probably lost $30K today. Here's the thing, I'm still a pretty average guy from a small town mentality and that last sentence will always be mental to me. That's more than I made my first 18 months out of college....
Maybe in your personal account - but on the NASDAQ indices we are back to where we were 2 months ago.
Am on a trip for a week or so... on first part to NYC I managed to almost crash my girlfriend's car into the luckily very grassy median of a highway. Now in repair shop in NJ. Looks like it will cost $1300 to fix the suspension etc. But we get it back tomorrow and on to the Virginia Coast.
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