Bill Gross, Co-CIO, Founder & Managing Director of PIMCO, explains why higher tax rates in the New Year, would mean that dividend paying stocks are presently over-priced. Here is a direct link.
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Bill Gross, Co-CIO, Founder & Managing Director of PIMCO, explains why higher tax rates in the New Year, would mean that dividend paying stocks are presently over-priced. Here is a direct link.
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Great!
Let’s hope for CDN investors they take a deep plunge since there isn’t talk of a change to the CDN/US tax treaty – 15% withholding tax for non registered accounts – and no withholding tax on American dividend stocks in your RRSP.
But of course the market is WAY overvalued to begin with …
Hey, Danielle. I’m assuming you still believe that stocks in general are over priced. I thought you might like to have a look at this from via zero hedge http://www.zerohedge.com/news/2012-11-07/four-regimes-and-40-years-equity-valuation
I would love to hear what you think.
Nice look at how Government Motors is doing here
http://www.bailoutcost.com/
http://www.forbes.com/sites/louiswoodhill/2012/08/15/general-motors-is-headed-for-bankruptcy-again/