Because they hedge their positions with options, they really minimize volatility. They throw off taxable income, so they're good for tax-deferred accounts.
The truth is that relative income is not directly related to happiness. Nonpartisan social-survey data clearly show that the big driver of happiness is earned success: a person's belief that he has created value in his life or the life of others.
There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else, that is unfair. If you save your money but retire with the same pension as a free-spending neighbor, that is also unfair.
Yes, free markets tend to produce unequal incomes. We should not be ashamed of that. On the contrary, our system is the envy of the world and should be a source of pride.
No one making less than $250,000 under Barack Obama's plan will see one single penny of their tax raised, whether it's their capital gains tax, their income tax, investment tax, any tax.
One will focus on greater transparency... the second will focus on energy efficiency and energy conservation... and the third component will be to provide income assistance to the most vulnerable Canadians.
Only about 10% of our low income neighborhoods have Internet connectivity and about 90% of higher income neighborhoods have connectivity. The goal is to give everyone equal access.
The lower half of households by wealth held just 3% of wealth in 1989 and only 1% in 2013.
I'm just trying to get used to living on a fixed income. Now, it's going to get unfixed.
There are more buyers and customers in the medium income bracket than there are in the upper income bracket.