‘s not hard, just follow the Dividend..

For those of you long AAPL yesterday, the paltry 6% or so gain on the most impressive numbers that we’ve seen to date from the tech giant were a bit depressing.  The fact that every single metric that analysts provided estimates on was completely blown out of the water combined with the $7 drop in share price before the announcement only reinforces the fact that both analysts and the street had no idea how profoundly astounding Apple’s results would be.  So why doesn’t the market seem to reflect similar sentiment?  One word: Dividends.  With over $17 trillion in qualified retirement … Read more

Romney Pays Less In Tax Than His Secretary

Romney Pays Less In Tax Than His Secretary First Buffet, now Mitt Romney. Via Bloomberg: ROMNEY SAYS HIS EFFECTIVE TAX RATE CLOSER TO 15% ROMNEY SPEAKS TO REPORTERS IN FLORENCE, SOUTH CAROLINA ROMNEY SAYS MUCH OF HIS INCOME COMES FROM INVESTMENTS Next thing you know he too will offer all Republicans a one for one match on all US sovereign debt repayments, and will demand that all millionaires generously hand over their income. As for us, we quietly wonder whether the account clerks at Zurich banks are sweating already? via Romney Pays Less In Tax Than His Secretary | ZeroHedge.