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Old 01-23-2016, 11:51 AM  
L-Pink
working on my tan
 
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Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
Quote:
Originally Posted by SuckOnThis View Post
Maybe you should learn the difference between a speculator and an investor. Speculators arent investing their money in companies as an investment in order for the stocks to grow to pass on to their kids. They are gambling in the short term and a lot of times they are not even using their own money. The largest speculators on the planet are the big financial institutions that are gambling with other peoples money and was one cause The Great Depression and the major cause of the last financial meltdown.

As far as your comment about you being raised different than me, apparently that's true. No one has ever given me a damn thing and I've been able to build an impressive real estate portfolio over the years. I don't think free college is good because I want it for myself, it is good for society on a whole. There lies the difference between us; I care about what's good for society, you care about YOU.

So when you retire or rotate your real-estate investments you are ok with paying more than half your profits in taxes?

I admire your generosity.
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