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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (10117)	1/30/2006 10:20:59 AM
From: TigerPaw	Read Replies (1) \| Respond to of 541458

And what about a person who owns stock at 18 and lives to 110. Would he still have any of his stock left in your plan? It would be more like a 30 year bond. The idea is that the ownership is not immortal. People usually don't lose their house in the process of paying their property tax. They do if they don't pay the tax. It would be the same here, if you keep up a steady reinvestment or provide ongoing labor to the enterprise you would be able to maintain an equivalent or increasing number of shares. What it would stop is buying a startup as a penny stock and then collecting profits forever if the company is successful. That is more like a lottery than an investment anyway. The lucky purchaser would still make a heck of a return on his investment, it just wouldn't last forever. TP