REVscene Automotive Forum - View Single Post

4444 · 10-09-2011, 09:44 AM

i will also put this out there, i don't think we're going into another recession, worldwide. now, this isn't black or white at all, these are tough times we're in, and tough times ahead, BUT, europe will support continued bail outs, the US will likely continue to pump more money into the economy, i think the jobs bill is a good thing to kick start some job creation, but what we REALLY need in the US is some kind of a tax holiday or at least a decreased rate for repatriation of offshore funds by US co's - this will bring billions back into the US economy, as long as whatever bill is passed provides some guidelines for some of this money to be reinvested, perhaps instead of a 35% tax on the funds, tax at 5%, with 30% required to be invested by the company within 2 years.

now, granted there would be the typical BS of ppl beating the system, but if we (teh US) can collect 5% as taxes, and even if we get a realized 10% mandated investment of these funds into the economy, the remaining 85% of these funds will still be either invested, used to pay out dividends (so money in teh hands of shareholders - a bad thing?), used to buy back stock (see my last parentheses)

if we don't do this, money will stay out of the US indefinitely. trust me on this, i used to work setting up structures to keep money out of the hands of high taxing countries' net

commodities were too hot, i'll admit that, but I believe they are currently oversold as people appear to be pricing in a recession (as all the idiots on CNBC, etc. are crying recession) - when everyone starts crying recession, i'll start thinking the opposite.

these are merely my thoughts, but if you can take some short term paper losses, now would be a great time to start a longer term portfolio filled with market/industry/sector leaders... for a short term trade? can't really help you on that one, too much risk for me on the short term trades, as if you haven't done sufficient research on your companies and your 'guess'/ gut feeling movement doesn't happen, you're running the risk of taking a big loss or holding a stock you either don't believe in / know little about, fundamentally

if anyone disagrees with the above, i'd love to hear why (why you believe a recession is coming, etc)

10-09-2011, 09:44 AM	#5576
4444 I contribute to threads in the offtopic forum Join Date: Jun 2006 Location: not vancouver Posts: 2,642 Thanked 1,941 Times in 765 Posts Failed 532 Times in 202 Posts	i will also put this out there, i don't think we're going into another recession, worldwide. now, this isn't black or white at all, these are tough times we're in, and tough times ahead, BUT, europe will support continued bail outs, the US will likely continue to pump more money into the economy, i think the jobs bill is a good thing to kick start some job creation, but what we REALLY need in the US is some kind of a tax holiday or at least a decreased rate for repatriation of offshore funds by US co's - this will bring billions back into the US economy, as long as whatever bill is passed provides some guidelines for some of this money to be reinvested, perhaps instead of a 35% tax on the funds, tax at 5%, with 30% required to be invested by the company within 2 years. now, granted there would be the typical BS of ppl beating the system, but if we (teh US) can collect 5% as taxes, and even if we get a realized 10% mandated investment of these funds into the economy, the remaining 85% of these funds will still be either invested, used to pay out dividends (so money in teh hands of shareholders - a bad thing?), used to buy back stock (see my last parentheses) if we don't do this, money will stay out of the US indefinitely. trust me on this, i used to work setting up structures to keep money out of the hands of high taxing countries' net commodities were too hot, i'll admit that, but I believe they are currently oversold as people appear to be pricing in a recession (as all the idiots on CNBC, etc. are crying recession) - when everyone starts crying recession, i'll start thinking the opposite. these are merely my thoughts, but if you can take some short term paper losses, now would be a great time to start a longer term portfolio filled with market/industry/sector leaders... for a short term trade? can't really help you on that one, too much risk for me on the short term trades, as if you haven't done sufficient research on your companies and your 'guess'/ gut feeling movement doesn't happen, you're running the risk of taking a big loss or holding a stock you either don't believe in / know little about, fundamentally if anyone disagrees with the above, i'd love to hear why (why you believe a recession is coming, etc)