Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Nov 21, 2016 3:45:09 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Nov 21, 2016 4:59:33 GMT -8
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Post by incorrigible on Nov 21, 2016 5:50:25 GMT -8
Thanks again for your efforts S84.
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Post by CdnPhoto on Nov 21, 2016 6:57:15 GMT -8
Oh please yes! we haven't had one of those for years.
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Post by sponge on Nov 21, 2016 8:45:51 GMT -8
Oh please yes! we haven't had one of those for years. I consider last years move from middle of Oct to end of Nov a nice Santa Rally. We moved 23%. These rallies tend to happen when we least expect them. Don't see such a strong move this year. But if we get to 116-121, I will be a happy camper. World economies are slowing down and by end of the year we should start to correct. This Trump honeymoon I think is short lived. Only caveat would be a strong retail Christmas Season.
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Post by aaplcrazie on Nov 21, 2016 9:27:20 GMT -8
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Post by incorrigible on Nov 21, 2016 9:33:47 GMT -8
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Post by rickag on Nov 21, 2016 11:20:37 GMT -8
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Post by aaplcrazie on Nov 21, 2016 12:57:11 GMT -8
Wow that didn't take long! Picked up a 3Tb AirPort Time Capsule...Just to be safe!
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Nov 21, 2016 19:05:52 GMT -8
And what the hell is wrong with benefiting investors? The entire point of a corporation is to enrich them.
Jesus I hate Bloomberg.
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Post by gtrplyr on Nov 21, 2016 19:32:18 GMT -8
And what the hell is wrong with benefiting investors? The entire point of a corporation is to enrich them. Jesus I hate Bloomberg. Nothing is wrong with benefiting investors .... BUT the idea was that having a tax holiday would bring back money which in turn would would get companies to bring back manufacturing jobs. Why ? I have no idea and it won't do a damn thing to bring back manufacturing jobs. That's the point of the article and I agree with them, politics aside, I don't see any reason Apple should manufacture certain products here .... frankly I don't even think it's possible. Once again .... people in this country who are waiting for the "jobs to come back" are going to be sorely disappointed. Surprise ... Surprise.
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mark
fire starter
Posts: 1,555
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Post by mark on Nov 22, 2016 7:42:03 GMT -8
And what the hell is wrong with benefiting investors? The entire point of a corporation is to enrich them. Jesus I hate Bloomberg. Nothing is wrong with benefiting investors .... BUT the idea was that having a tax holiday would bring back money which in turn would would get companies to bring back manufacturing jobs. Why ? I have no idea and it won't do a damn thing to bring back manufacturing jobs. That's the point of the article and I agree with them, politics aside, I don't see any reason Apple should manufacture certain products here .... frankly I don't even think it's possible. Once again .... people in this country who are waiting for the "jobs to come back" are going to be sorely disappointed. Surprise ... Surprise. I agree. But I don't think that is, or ought to be, the main point given for a repatriation discount. I think the main point ought to be that bringing back that much capital to the USA, thus making it [more] available for investments in the USA, could potentially result in the creation of NEW and different jobs here. And lest people make the flippant comment that "it's mostly going to end up as stock buybacks anyway", so what? Whether the cash remains in the company's hand to invest somewhere, or in the hands of the folks who sold their stock in the buyback, it will still eventually be invested into something here.
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Post by gtrplyr on Nov 22, 2016 8:03:17 GMT -8
Nothing is wrong with benefiting investors .... BUT the idea was that having a tax holiday would bring back money which in turn would would get companies to bring back manufacturing jobs. Why ? I have no idea and it won't do a damn thing to bring back manufacturing jobs. That's the point of the article and I agree with them, politics aside, I don't see any reason Apple should manufacture certain products here .... frankly I don't even think it's possible. Once again .... people in this country who are waiting for the "jobs to come back" are going to be sorely disappointed. Surprise ... Surprise. I agree. But I don't think that is, or ought to be, the main point given for a repatriation discount. I think the main point ought to be that bringing back that much capital to the USA, thus making it [more] available for investments in the USA, could potentially result in the creation of NEW and different jobs here. And lest people make the flippant comment that "it's mostly going to end up as stock buybacks anyway", so what? Whether the cash remains in the company's hand to invest somewhere, or in the hands of the folks who sold their stock in the buyback, it will still eventually be invested into something here. Thus the term ... Trickle down. Not saying it won't help the economy , personally if Apple were to get the money and raise the dividend by a healthy amount it would probably lead to me taking a nicer vacation .... putting in a pool ? Who knows, but it wasn't billed as that. Then again ... I wouldn't spend anywhere near what I benefit so in the end I'll be wealthier and most people put out of work by foreign labor won't see any benefit. I know I'm treading on the line here so I'll try to be polite .... a HUGE selling point for the President elect was the statement that jobs were going to come back and I simply don't see it. Those manufacturing jobs are gone and trying to bring them back via protectionist policies will prove to do more harm than good. IMHO. For the sake of the country I hope I'm wrong because the election is over and it's time to move on as much as it pains me .... Cheers to the longs.
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Post by gtrplyr on Nov 22, 2016 8:05:23 GMT -8
Deleted ... accidental double post
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mark
fire starter
Posts: 1,555
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Post by mark on Nov 22, 2016 11:28:04 GMT -8
I agree. But I don't think that is, or ought to be, the main point given for a repatriation discount. I think the main point ought to be that bringing back that much capital to the USA, thus making it [more] available for investments in the USA, could potentially result in the creation of NEW and different jobs here. And lest people make the flippant comment that "it's mostly going to end up as stock buybacks anyway", so what? Whether the cash remains in the company's hand to invest somewhere, or in the hands of the folks who sold their stock in the buyback, it will still eventually be invested into something here. Thus the term ... Trickle down. Not saying it won't help the economy , personally if Apple were to get the money and raise the dividend by a healthy amount it would probably lead to me taking a nicer vacation .... putting in a pool ? Who knows, but it wasn't billed as that. Then again ... I wouldn't spend anywhere near what I benefit so in the end I'll be wealthier and most people put out of work by foreign labor won't see any benefit. Well, if you take a nicer vacation, the folks who provide that vacation will earn more. And if you put in a pool, the pool company will earn more. "Then again ... I wouldn't spend anywhere near what I benefit" ... again, so what? What exactly will you do with the money? Will you convert it to cash and hide it under your bed? Of course not! So, it will either be invested wherever you decide your capital can be best allocated, or it will be put into the bank where they can decide how best to allocate it (and even multiply it due to fractional banking!). Either way, it gets put to work.
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Post by rickag on Nov 22, 2016 16:08:28 GMT -8
Nothing is wrong with benefiting investors .... BUT the idea was that having a tax holiday would bring back money which in turn would would get companies to bring back manufacturing jobs. Why ? I have no idea and it won't do a damn thing to bring back manufacturing jobs. That's the point of the article and I agree with them, politics aside, I don't see any reason Apple should manufacture certain products here .... frankly I don't even think it's possible. Once again .... people in this country who are waiting for the "jobs to come back" are going to be sorely disappointed. Surprise ... Surprise. I agree. But I don't think that is, or ought to be, the main point given for a repatriation discount. I think the main point ought to be that bringing back that much capital to the USA, thus making it [more] available for investments in the USA, could potentially result in the creation of NEW and different jobs here. And lest people make the flippant comment that "it's mostly going to end up as stock buybacks anyway", so what? Whether the cash remains in the company's hand to invest somewhere, or in the hands of the folks who sold their stock in the buyback, it will still eventually be invested into something here. Kind of like a good form of QE.
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Post by gtrplyr on Nov 22, 2016 16:12:17 GMT -8
Thus the term ... Trickle down. Not saying it won't help the economy , personally if Apple were to get the money and raise the dividend by a healthy amount it would probably lead to me taking a nicer vacation .... putting in a pool ? Who knows, but it wasn't billed as that. Then again ... I wouldn't spend anywhere near what I benefit so in the end I'll be wealthier and most people put out of work by foreign labor won't see any benefit. Well, if you take a nicer vacation, the folks who provide that vacation will earn more. And if you put in a pool, the pool company will earn more. "Then again ... I wouldn't spend anywhere near what I benefit" ... again, so what? What exactly will you do with the money? Will you convert it to cash and hide it under your bed? Of course not! So, it will either be invested wherever you decide your capital can be best allocated, or it will be put into the bank where they can decide how best to allocate it (and even multiply it due to fractional banking!). Either way, it gets put to work. I fully understand that if I take a nicer vacation or put in a pool I will put some people to work .... but it won't do much to bring manufacturing back in any substantial amounts. Trickle usually does not trickle ...it's been proven. And yes I'll put more in the bank and they will "allocate" it but the people who need it most can forget getting any of it .... tried getting a loan recently ?? I'm sitting pretty and just refinanced my house which is worth 7 figures ... the loan was about 20% of the value and I had to jump through hoops and perform circus tricks. It's tough .... Simply put ... those people who I understand are having a very hard time with the new economy are least likely to benefit from any tax holiday. Obviously as a AAPL shareholder I'm excited about the possibility of a tax holiday .... 35% tariff on goods not so much. That said, I voted .... we lost so I'll sit back and watch it all unfold .... Cheers to the longs ...
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