cnikolov's blog

[cnikolov]

Have You Visited My Website Lately?

Visit my website http://www.chartwatchcentral.com/ to find my latest stock commentaries.

If you click on the "Latest News" link on the Home Page, you will find some very informative up-to-date video newsfeeds related to the economy and stock market.

In addition to the advertising which you will find all throughout the website, you can also visit the "Affiliate" page to investigate many cool products and services which I wholeheartedly endorse. Most of these advertisers have free trials and special offers which you might wish to take advantage of, so please look around for anything which might interest you.

Many additional improvements are planned, so stay tuned........

 

[cnikolov]

Counterproductive

While on the surface, I am not in favor of one presidential candidates proposal for a capital gains tax increase, looking at the positive side of things, it could be actually good for the stock market long-term. After all, this increase would be an incentive for long-term investment, for those adding money. And those contemplating selling might reconsider. Both factors would likely boost stocks, or at the very least keep prices from falling.

The amazing thidng about this proposal is that it stemmed from the esire to boost tax revenue in order to pay for healthcare, education and infrastucture spending. But doing so would actually have the reverse effect, since there would be less selling, hence less tax revenue to the government. The ultimate losers would be the government and those investors forced to sell for one reason or another.