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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (624696)	8/16/2011 7:56:24 PM
From: Alighieri	Read Replies (2) \| Respond to of 1577194

but you'd be fooling yourself into thinking that they will not have any effect whatsoever, especially in the short-term. Short term effects don't matter as the SP downgrade will eventually prove... Yes I can. It's called Investing 101. I meant about buffet and what he would do if his taxes were raised. This is NOT manipulation or an escape mechanism. This is just proper balancing of a portfolio. I heard this morning that there is a bunch of cash on the sidelines and significant flight from mutual funds...what a manager will do is what will maximize return...going into bonds to a greater degree than for normal hedging just for the purpose of avoiding a tax on gains is not smart money management...as the market has shown us in the past and surely will again in the future. I would pay an a 25/30% tax on 10%/15% cap gains than bag 3% tax free on munis... They'd just rather listen to simple-minded slogans like "Make the rich pay their 'fair share!'" instead of figuring out how the rich got to be so rich in the first place. It's not polar black and white as you make it sound...a ton of wealth has been created in the market when tax rates were higher... Al