A Little Slice of Market History Part 2 by Wade Dokken

 

The second thing to consider with this period is intrinsic value.  Buffett saw fit to begin his 1999 Sun Valley speech on the stock market by emphasizing, “Valuing is not the same as predicting.”  The value of a stock to a shareholder is more accurately described by a company’s earnings not the expectations on price. […]

By |August 9th, 2010|Uncategorized|2 Comments

A Little Slice of Market History Part 1 by Wade Dokken

On December 31, 1964 the Dow closed at 874.2.  Seventeen Years later on December 31, 1981 the Dow closed at 875.  Over that time period the GDP of the US grew by 370%, the sales of the Fortune 500 more than sextupled, and the Dow inched up a mere fraction of a point.

How is it […]

By |August 5th, 2010|Uncategorized|4 Comments

Capital Gains Part 3 of 3 by Wade Dokken

There are even people who believe they should hold on to their assets rather then sell them when the country is characterized by a high capital gains tax.

Harry Wallop Consumer Affairs Editor writes on the repercussions,

“The institute studied America, where the rate has changed substantially – both up and down – since the 1950s. It […]

By |July 30th, 2010|Uncategorized|2 Comments

Capital Gains Part 2 of 3 by Wade Dokken

There are several issues people have with high capital gains taxes. The first is that many Americans are involved in the stock market and it could discourage investment, the second is that capital gains taxes do not generate substantial revenue, the third major reason is capital gains taxes hurt businesses and finally capital gains taxes […]

By |July 28th, 2010|Uncategorized|0 Comments