Sometimes I wonder if the rate is not the fee market rate. If the rate was too low people would take their money out of the banks. The banks charge zero percent interest because people deposit at 0% interest.
Whos is going to pay for your free lunch. Interest rates should not be determined by anyone but the market. Millions of seniors are be forced out of their homes due to low rate policy. The rich guy can buy a house or car with their money.
If you invest in an index fund, you are saying the pay of CEOs is efficient. You need to invest in a fund that cuts CEO pay - are you lazy. Krugman and Reich believe it is ok to take money out of the poor and elderlies wallet and bank accounts to fund their bloated salaries and property tax free schools and tax free endowment funds. To give Lew a $800K zero interest loan and not have to pay it back because house prices dropped.
I hate crooks. QE is worse than Cyprus going into your bank account and taking it. He takes money out of the poor and old peoples banks accounts to fund his silly schools. He also believes it is right to take your money so Robert Recih can get a $250K a year salary for teaching one class. They to do not support eliminating dividend and capital gains taxes. Krugman is a national embarrassment.
Although I hate PK, he is right here. Unlike a individual debt, a national debt forces one administration to pay for the sins of the previous. Basically it is collective debt. Theliberals spend it on their fat salaries, and the conservatives are expected to pay for it. The United States defaults on its debt everyday my money printing.
Exor was 12 in 2000, Exor was 2 in 2009, and Exor is 44 today with p/e of 30. Do you really want to support such a volatile stock. PRE goes up just about 10% a year and is conservatively managed. It is a money machine price should double every 7 years. AXS is the same. EXOr is a bet. Exor pays a less than 1% dividend.
AXS is really a no brainer.
oops EXOR not THOR. Note AXS is still massively undervalued. EXOR has already had its run and is uninvestible. Buy more AXS will windfall.
AXS Like RNR they love to buyback shares. AXS revenue per share is up 50% in 5 years. THOR is some company in Italy that owns Fiat. Dividend goes up every year too. Just a small american shareholder.
So if you buy the stock on the 29th of June, you don't settle until July 2nd. Thus the old owner gets the dividend since he technically was the owner on the ex-dividend date?
If the ex-date will be July 1--the date after the divvy is paid on June 30. Don't you have to be the shareholder of record. Thus the true ex-dividend date is June 28th? Thus you are Shareholder of record on June 30th?
Seems musk want to build a space network. While Verizon dumped its wired network to Frontier. You can get 2.5 gigs of 4g lte for $35 a month. Seems writing is on the wall. However, 10 years it might take for it to fall apart and you might come out ahead.
Normally shareholders get nothing! If you look at RSH, they had a lot of equity in real estate. The CEO borrowed more until the book value went to zero, chap 11, shareholders get nothing. It is amazing he was able to keep it opened this century and allow poor people to save. Read the reports they might turn it around.
You can only buy back debt when you have the money to buy back debt. If you listen to the conference call they said they would buy back debt at times. However, if you listen to the tone of the call is they are going all-in on sales.
Hope all activist and privite equity corporate raiders go rob their own companies. Private equity is the trash of America. The government loses tax revenue and the shareholder loses the value and dividend checks.
Sales tax is violence on the people to support above average State employee salaries. Most states operated fine with no inome or sales taxes. It is only when the employees wanted rockstar salaries and pensions did they add the taxes and probably reduced services.
Maybe test out a brick and mortar, where you fire all the staff and put the items behind glass with a piece of paper sku number and object I.D., then when you leave the store just pay for the items on your cell phone or redbox type kiosks, and then a couple days later your order is delivered to your home. Especially for your stores in Los Angeles and Seattle which recently bumped the minimum wage.