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School me on investing...

Discussion in 'General' started by noles19, Nov 8, 2017.

  1. SuddenBraking

    SuddenBraking The Iron Price

    Yeah, that's been bandied about but that's never going to happen because no one has been able to crack the nut of how to do it logistically.

    I think doing away with portfolio loans and other ways to get cash flow from those assets without selling them would be the more acceptable solution there.
     
  2. cortezmachine

    cortezmachine Banned


    Absolutely genius. Sorcery even.
     
  3. SGVRider

    SGVRider Well-Known Member

    All good points. However, the last point has a flaw. The brain trust isn’t trying to capture the delta in value because of step up basis. They’re talking about taxing ALL unrealized gains. If they wanted to solve the actual problem they easily could, but that’s not their aim.
     
    auminer likes this.
  4. SGVRider

    SGVRider Well-Known Member

    Just because the idea is idiotic that doesn’t mean they won’t do it. You also assume that the actual goal is to get revenue, I don’t believe that’s the aim of this proposal but we don’t need to go into it here.

    You don’t need to do away with portfolio loans. It’s a perfectly sensible product. You need to recognize the portion that’s just consumption and not financing activity as income. For ultra large portfolios, I don’t think demanding such an accounting would be an undue burden. However, these things always expand so I don’t think the revenue would be worth the risk.
     
  5. cortezmachine

    cortezmachine Banned

  6. BigBird

    BigBird blah

  7. Tristan

    Tristan Well-Known Member

    First time I actually looked at any specs for these or even seen a pic of one... impressive- now they just need to convince people to start buying sedans again (at $70-170K)
     
    BigBird likes this.
  8. BigBird

    BigBird blah

    This was the answer
     
  9. YamahaRick

    YamahaRick Yamaha Two Stroke Czar

  10. ChemGuy

    ChemGuy Harden The F%@# Up!

    I bought some, so no...probably not. :D
     
    BigBird and YamahaRick like this.
  11. YamahaRick

    YamahaRick Yamaha Two Stroke Czar

  12. Venom51

    Venom51 John Deere Equipment Expert - Not really

  13. Tristan

    Tristan Well-Known Member

    So...who's buying today? Or waiting for more bleeding? I'd be buying a few things if I didn't need all my cash for house closing in a couple weeks.
     
  14. auminer

    auminer Renaissance Redneck

    T is looking tempting for a long term play. Might still be some downside to it but if your horizon is past the tip of your nose you might get a few.
     
  15. SuddenBraking

    SuddenBraking The Iron Price

    I bought a chunk of DIA first thing this morning.

    Would've been better to wait until this afternoon :rolleyes:
     
  16. thrak410

    thrak410 My member is well known

    I bought DAL this morning, so I fell ya ...
     
  17. Dan Dubeau

    Dan Dubeau Well-Known Member

    I averaged down on some more GDNP this morning. I should have waited till this afternoon.....
     
  18. Tristan

    Tristan Well-Known Member

    I'd buy more DFS if I could
     
  19. 418

    418 Expert #59

  20. HPPT

    HPPT !!!

    AERC wtf? :confused:
     

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