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Gains Quotes

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Gains Quotes

“While it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means never having to say you're sorry.”

“I often notice how students can gain the capacity to use certain critical methodologies through engaging with very different texts - how a graphic novel about gentrification and an anthology about Hurricane Katrina and a journalistic account of war profiteering might all lead to very similar classroom conversations and critical engagement. I'm particularly interested in this when teaching law students who often resist reading interdisciplinary materials or materials they interpret as too theoretical.”

“For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk.”

“Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.”

“Through it [Science] we believe that man will be saved from misery and degradation, not merely acquiring new material powers, but learning to use and to guide his life with understanding. Through Science he will be freed from the fetters of superstition; through faith in Science he will acquire a new and enduring delight in the exercise of his capacities; he will gain a zest and interest in life such as the present phase of culture fails to supply.”

“In so far as such developments utilise the natural energy running to waste, as in water power, they may be accounted as pure gain. But in so far as they consume the fuel resources of the globe they are very different. The one is like spending the interest on a legacy, and the other is like spending the legacy itself. ... [There is] a still hardly recognised coming energy problem.”

“Philosophy attempts, not to discover new truths about the world, but to gain a clear view of what we already know and believe about it. That depends upon attaining a more explicit grasp of the structure of our thoughts; and that in turn on discovering how to give a systematic account of the working of language, the medium in which we express our thoughts.”