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What's up, Science?

Wow.

September 18th, 2008

Too bad Obama’s gonna raise capital gains taxes… we’ll see how that massive buzz kill goes over in this economy. Oh wait, what capital gains?

This entry was posted on Thursday, September 18th, 2008 at 12:53 pm and is filed under Uncategorized.

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Travis 3 months ago 1 point
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If you were stupid enough to only invest in a DOW index fund or ETF, then you're correct, you wouldn't have any capital gains to pay for the Bush period shown in the graph. However, smart investors diversify beyond just a single index and would likely have substantial capital gains over the same period of time... 5%, 10%, 20%, maybe more depending on your asset allocation. So please do your homework before you try to mislead the educated.

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alchemytoday 3 months ago 1 point
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Travis: You could also have a loss of 9% if you invested in an S&P 500 index; which is generally recommended for a conservative, diversified mix of stocks.

I'm not saying that a smarter investor wouldn't be better off than zero, but even smart investors, on average, weren't able to beat inflation during Bush's term so far.

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Ian 3 months ago 1 point
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Rupert Murdoch, who now owns Dow Jones, is removing AIG from The Dow Jones Industrial Average. That should send the number UP! Argh, matey!

AIG booted out of the Dow http://tinyurl.com/arghmatey

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