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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.33+0.7%Nov 18 4:00 PM EST
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To: Maurice Winn who wrote (201700)9/26/2023 6:40:34 PM
From: TobagoJack  Read Replies (1) of 217860
 
Re <<make it a round 10% for ease of calculation and to give a hint of profit after 40% tax then deduct inflationary dilution of 7% leaves Zero profit.>>

... what is the 40% 'tax' all about? :0)))

for the pleasure of travelling using some passport? :0))))))

the correct rate of tax is ... well ... now that I think about it ... zero, nought, goose egg, zilch, bubcus, zip, -0-; a rate that should be quite anti-inflationary, especially when accompanied by 10% deposit rate and 10% dividend rate; higher better, and longer locked-in term more ideal.

Given Freedom HK's peculiarities, zero is what I am used to as long as I am dealing with proper counterparties that be publicly-listed and properly structured private companies, or licensed banks and brokers, which I do.

The good times are here again, soon enough
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