American billionaires got $434 billion richer during the pandemic

Money is a token of value. The ability to produce value is power.

 

Hey, why don't you tell us the exact dates when you sold and bought, so we can double check your tall market timing prowess tales.

BTW: it is "sour grapes", not "soar grapes".

 

American billionaires got $434 billion richer during the pandemic
$434 billion????? Are you OK?

 

Hey, how about not? I'll share what I want, when I want. Why do you get so upset when money is discussed?

BTW, it's called a typo.

 

"Value" is something humans attribute. It exists nowhere outside the human domain. The only ability to produce it is by being human. So, you are absolutely correct and humans have absolute power over what they value.
When we value what is human, we express our humanity. When we value the material, and particularly money, over life, we degrade ourselves.

 

In other words: You doubling your net worth since the covid crisis is just a tall tale.

Next, I do not get upset about money. I try to correct the erroneous assumption that people can successfully time the market. Attempts to time the market has meant ruin for many people. That's why I have to always point it out when the market timers claim success. It's the Bogleheads way. Read up on them, your portfolio may thank them in the future.

 

No, after the market bounces back and fully recovers to where it was before, I will have doubled my portfolio.

You aren't correcting anything because when you fail to read and understand the initial post, which wasn't even directed to you, then you fail in your conclusions.

Have a nice day!

 

My conclusions are that you are a market timer, a failing strategy. I am just trying to help. Check out bogleheads.org, your retirement may depend on it.

 

Nah, you just don't get it.

 

That's not true. Value is a function of evolution that all creatures must calculate. It's how all things determine the correct way to interact with their environment. We just have an advanced ability to project those value judgements into the future and imagine a potential outcome before we actually act. But even animals demonstrate the capacity to judge whether a certain behavior is good or bad. That's a value judgement.

 

Tell me, suppose you were not being paid a fair rate based on your ability, then what?

 

I would leave that employer and find one that paid appropriately.

 

They should be taxed at 90% of their free income. Many people who need help are dying.

 

Income isn't free.

 

The democrats have done nothing and the Republicans have done nothing to stop the ultra elites. If they have done something it never worked. Also the rich gaining money is just paper money in the stock market.

 

Yeah, so what?

 

That's assuming you were able to find one who met your needs of course.

 

As opposed to finding an employer that doesn't meet your needs and attempting to use the threat of imprisonment to force them to bend to your will?

 

Fortunately we have a Constitution that protects our wealth and property from the jealous and envious like yourself who think they have a right to it.

 

Sorry, 16th amendment says you're wrong.

It's nice to know you characterize 2/3 of the senate and 2/3s of the states, as 'envious and jealous' since that was required for the ratification of the amendment.

 

Go learn the difference between income and wealth but I agree that since the passage of the 16th, which was required, and especially the last few decades the left has used it to try and placate the jealousy and envy of their supporters.

 

Can you clarify what you mean?

 

What do you suggest he should assume?

 

That nothing is guaranteed in life except taxes and death. Everything else is superfluous.

 

And you thought he needed to hear that, why exactly?