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04-05-2013, 02:41 PM
Quote:"EFFECTIVE tax rate on a person's net worth should be roughly similar and equitable"Sorry, can i say,
"Estate tax for eg is not even supposed to be fair per se, but to level the playing field for the younger generations for longer term self-enlightened social goals. "
"If i understand the above correctly Singapore shouldn't have the "Lee Dynasty GOV" or the "PAPY Dynasty Gov" in the 1st place. Right?"
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.