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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: robert b furman who wrote (49129)8/25/2010 1:44:04 PM
From: Kirk ©  Read Replies (1) of 95572
 
exactly. I learned the dividend trick from my grandfather who retired in the mid 1970s on dividends and the Ponzi scheme social security he said was a joke because in 2 years he got all he paid into it out...
The idea was you can retire when your income from dividends plus Social Security equaled the money you wanted to spend retired...
It isn't taught in schools because the teachers are a big part of the problem and don't want their students to become financially secure.. or they would not vote for the huge government pensions and salaries for less and less work and no fire clauses. I was pushed hard in high school to be a socialist and enter contests for scholarships for the best union supporting writers... of course, I didn't go for it... got a job and worked in HS to pay for college.... I was one of the few who understood compounding. that should be a requirement for HS graduation...
Anyway... tax structure should be set up to ENCOURAGE people to invest to have an indexed to inflation investment income of maybe $200,000 a year. Get the middle class to save for retirement and reward them for it. Lotsa crap from both parties... as both over spend our taxpayer debt to reward those who put them in power. Obama had a few good ideas but he and his economic team is horrible. Morons give our tax dollars to banks to save them then they go and attack them and make rules to punish them... steal money from GM bond holders and wonder why nobody wants to invest... Steal tax payer dollars to give to overpaid worker unions in CA and other overspending, over taxed states and claim they are saving jobs... the wrong type of jobs...
They should be creative... Lower the corp tax on any company creating a NEW job in the US by a large percentage of the taxes paid by the new worker... OVERALL tax receipts would go up for jobs that create wealth.
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