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How to wind up with $1 million in your account after one year during this Obama administration.....start with $10 million in your account.
1 posted on 07/12/2012 9:12:36 PM PDT by Beave Meister
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To: Beave Meister

Sounds like someone wanted to stir things up like rich v. poor, and; it backfired.I think it’s awesome that certain folks have the discipline to invest, cash in, reinvest and keep on holding on to quality investments whether real estate or options,etc.


2 posted on 07/12/2012 9:20:52 PM PDT by Lumper20
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To: Beave Meister
How to wind up with $1 million in your account after one year during this Obama administration...

Get all your friends, neighbors, relatives to give you $1,000,000 that you "donate" to Obama. Then start a green energy company with $500 million in government guaranteed loans. Spend the money. Don't sell any products, which were obsolete anyway. File bankruptcy. Go out of business, then live on the $1 million you stashed away.

4 posted on 07/12/2012 9:29:42 PM PDT by DrDavid (George Orwell was an optimist.)
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To: Beave Meister

I remember a wealthy woman once saying to me that most people were so busy working they never really figured out how to make money.


5 posted on 07/12/2012 9:42:51 PM PDT by dagogo redux (A whiff of primitive spirits in the air, harbingers of an impending descent into the feral.)
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To: Beave Meister
In the last years of the bubble, the "Fortunate 400" made nearly half their income from capital gains (a.k.a.: profit from the rising value of an investment, such as stocks or property) and less than 10% of their income from old-fashioned wages.

And how did they pay for those initial investments that earned capital gains? From money that was originally earned with wages. I hear this same arguement about Roth (401k/IRA) accounts.

8 posted on 07/13/2012 4:35:47 AM PDT by Azeem (There are four boxes to be used in the defense of liberty: soap, ballot, jury and ammo.)
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