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To: lepton
Re: 6% asset tax

The inflation and tax adjusted return on the SP 500 (all dividends reinvested) for the last 90 years is about 7% per year.

Since 90% of investment professionals UNDERPERFORM the SP 500 over any given 10 year period, an annual 6% asset tax is literally insane.

Speaking of micro-returns on your money, did you know that a “lepton” is (was) 1/100th of a Greek drachma?

The Greeks use the Euro now, no more drachmas.

Anyway - I like your screen name “lepton,” which, as I recall, commonly refers to irreducible particles like electrons and neutrinos.

24 posted on 12/13/2019 2:36:44 PM PST by zeestephen
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To: zeestephen

Speaking of micro-returns on your money, did you know that a “lepton” is (was) 1/100th of a Greek drachma?


Thank you.

Yes, I did. My “about” page references that: A small sliver of silver.

Both meanings are an admonishment of my small significance. :)


25 posted on 12/13/2019 3:10:06 PM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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