Mark Cuban the billionaire is eating crow big time

Personal Best Regards:

I for one am very concerned the US economy does not reward work as it once did. I'm sure a majority of us here in the Villages are benefiting from the crazy climb the stock market but that is all unearned income. Don't get me wrong we need that but the ratio between wages paid for working 40 hours and money made with money is way out of balance and has been for some time. Income tax even favors unearned income. Corporate tax rates should be targeted at companies that create Ameriacan jobs. If technology and foreign manufacturing is drive stock price those earning should be taxed at the same rate as the firefighter or teacher down the road. I don't know who has called me a libtard in the past but I'm getting kind of fond of it. AmI missing something?

Probably right, but it's early.

Amen!

Yeah you forgot to explain how the unions and you voting Democratic all these years has helped anything

Sent from my SAMSUNG-SM-G890A using Tapatalk

Stock Market Hits 20,000 Milestone
 

So it went up what 92 points from the high on Jan.6th 2017 of 19977 and Obama was President
Maybe it they should be thanking Obama seeing it went up 12,000 points from the time Obama took over from Bush.
It was 7949 the day Obama was sworn in and 19808 the day before he left.
But the high when he was in was 19977.
Yes 12,000 points is just a little more then 260 from the 19th and only 92 from the high when Obama's high

Nice try, but that dog don't hunt. I respect your misplaced loyalty though.

Believe me, I thank Obama on a monthly basis when I get my investment statements. I chuckle when Trump is congratulated.by the posters who pooh-poohed Obama's run up. It's obvious they were waiting for their certificates of deposit to increase in value.

Sent from my SM-T310 using Tapatalk

Chi,

From your statement it is obvious that you lack the financial acumen to manage your own investments (as paltry as they may be). So, it's probably best that you continue to let a 'professional' manage them for you.

Good news for you AJ......you can get a one year CD paying 1.05%. BTW, you are right, I don't manage my own investments, because I lack the financial acumen that my portfolio manager posseses. Someone who manages their own investments has a fool for a client.



Sent from my SM-N910V using Tapatalk

Huh? Are you saying your investment portfolio has certificates of deposits and the return is making you happy?? Could you share with us why anyone would invest in something that has a interest rate of .68%? Even if you purchased at high tide (2007) it was 4% interest on a 5 year CD???

No CDS. Haven't had any in years due to the low rates and climbing stock prices. Just mentioned it for those who stuck with them through the years.

Sent from my SM-N910V using Tapatalk

Thanks for the "useful" tip on CDs, but I'm primarily an options trader.

The CBOE is a crazy place. And money to be made. I don't have enough risk tolerance to venture into that territory. But I know people who are 1 percenters because of it.

Sent from my SM-N910V using Tapatalk

That's the advantage of trading option spreads, you know exactly what your maximum gain or loss will be when you buy and sell a contract. No surprises.