Tax Loss Selling Season - Best Buys? Message Board

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Gold/Mining/Energy : Tax Loss Selling Season - Best Buys?

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To: John Vosilla who wrote (102)	8/26/2014 3:43:12 PM
From: pcstel	Read Replies (1) of 128

Wealth Disparity has been self-inflicted in most cases. Wealth is described as Total Assets minus Total Debts. When you constantly spend more than you make, via Consumer Credit, then you can never obtain Wealth because your debt is always higher than your Assets. The first step is to eliminate your debt, this means you have to sacrifice and stop spending tomorrow dollars today and handing the 1% all your interest payments. No one wants to sacrifice and stop spending tomorrows dollars today. Then they complain about income inequality and point their fingers at everyone else. Only in the US is being conservative with money and building wealth considered a crime. PCSTEL

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