OT - I'm bored, Part Tanev

[pixburgher66]

Sweet home...Pennsylvania? Where the skies are so blue?

That they are friend...that they are. I may break out some John Denver for the trip though...I mean, I am going to visit the grandparents in WV too. Now I have Rocky Mountain stuck in my head...

 

[pixburgher66]

Watched the HBO special on 1980 Olympic team...I almost cried. *sigh* Wish I was there for that moment.

 

[pixburgher66]

So mellow mannn...

 

[Winged_Wheel88]

No sleep.

 

[Darkstone42]

 

[Darkstone42]

 

[elocomotive]

And the earthquake goes... grummmmmble
And the lantern goes... smash!
And the fire goes...crackle

Here a carcass, there a carcass, everywhere another carcass...

Old McDonald had a farm...

 

[mattola]

Facebook plunges 18% below IPO price - May. 22, 2012

nice start Facebook

 

[pixburgher66]

I don't think I'd buy stock in FB. I don't think there's a ton of room for growth. Not with Google+ trying to get into the game and it's really not as a good of a product as it was. The more people that join the more advertisement, and the worse the product is. Don't get me wrong, it won't take a big fall or anything, but I just don't think it'd grow enough to give you great dividends or anything.

 

[Winged_Wheel88]

 

[Winged_Wheel88]

[YOUTUBE]C6j2fSbCcog&NR=1[/YOUTUBE]

 

[Winged_Wheel88]

 

[Winged_Wheel88]

 

[quoipourquoi]

I don't think I'd buy stock in FB. I don't think there's a ton of room for growth. Not with Google+ trying to get into the game and it's really not as a good of a product as it was. The more people that join the more advertisement, and the worse the product is. Don't get me wrong, it won't take a big fall or anything, but I just don't think it'd grow enough to give you great dividends or anything.

Exactly. I mean, I understand why they did it, but it just strikes me as being unrewarding to investors to jump on board when a company has already peaked.

 

[puckhead]

Facebook plunges 18% below IPO price - May. 22, 2012

nice start Facebook

they got sooooo greedy with the IPO valuation.

 

[esls79]

I bought 2 shares at 40 bucks on Friday morning just to have a vote.

Hey, I can deduct up to 3,000 in losses on my taxes, and I'm well on my way.

 

[Nasty_Magician]

I bought 2 shares at 40 bucks on Friday morning just to have a vote.

Hey, I can deduct up to 3,000 in losses on my taxes, and I'm well on my way.

Speaking of taxes, I don't know why this made me think of it, but why do you need to report your winnings from gambling but you can't report your losses? Technically that money is being double taxed. Say I earn money at my job, I report that income when I do do my income tax returns. I go to the casino and lose $10,000. Somebody else goes to the casino and wins $10,000. Now that person has to report that $10,000 as income earned during the year, despite the fact I already accounted for it. Something just seems wrong about that system.

 

[naslundfan19]

 

[naslundfan19]

Wait For The Siren. August 21st.

 

[pixburgher66]

Speaking of taxes, I don't know why this made me think of it, but why do you need to report your winnings from gambling but you can't report your losses? Technically that money is being double taxed. Say I earn money at my job, I report that income when I do do my income tax returns. I go to the casino and lose $10,000. Somebody else goes to the casino and wins $10,000. Now that person has to report that $10,000 as income earned during the year, despite the fact I already accounted for it. Something just seems wrong about that system.

I can see where you get that...however, if you can defer your losses that would greatly encourage gambling. That's just not something the government can do.