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  • blackcap's Avatar
    Today, 09:05 AM
    You are only taxed on the 4% though... so you end up losing 1.2% of your wealth per annum. To be fair, on the flip side you are not taxed on your...
    153 replies | 8529 view(s)
  • blackcap's Avatar
    Today, 08:43 AM
    Thanks BP, never intended to give you a laugh but there you go. :) I actually think President Trump has done a lot of good for the USA in the...
    2072 replies | 117032 view(s)
  • blackcap's Avatar
    Today, 08:23 AM
    This has nothing to do with President Trump, I am commenting about Senator Warren.
    2072 replies | 117032 view(s)
  • blackcap's Avatar
    Today, 07:52 AM
    blackcap replied to a thread RBD - Restaurant Brands in NZX
    Might sell mine if they get above $8.70 on this news..
    2417 replies | 341520 view(s)
  • blackcap's Avatar
    Today, 07:49 AM
    "Harvard wasn’t the only university facing pressure to hire minority faculty. The University of Pennsylvania also reported Warren as a minority hire...
    2072 replies | 117032 view(s)
  • blackcap's Avatar
    Today, 07:48 AM
    blackcap replied to a thread National - FFS! in Elections
    Can't really trust Melanie Reid and her 4 "sources" though can we. Lets see if actual names appear or if its just a political hit job. I err on the...
    82 replies | 2200 view(s)
  • blackcap's Avatar
    Today, 07:10 AM
    Yes a CGT is paid when the asset is sold. But plenty of countries have a "wealth" tax". For instance, in The Netherlands where I have lived for some...
    153 replies | 8529 view(s)
  • blackcap's Avatar
    Today, 06:41 AM
    This is going to create some liquidity issues if it becomes law: ...
    153 replies | 8529 view(s)
  • blackcap's Avatar
    Yesterday, 06:29 PM
    Really? You running with that? Come on BP, I thought you better. She proved to be absolutely wrong. She is not Native American. At all. Definitely...
    2072 replies | 117032 view(s)
  • blackcap's Avatar
    Yesterday, 04:36 PM
    Revelations that Sen. Elizabeth Warren has just a dash of Native American DNA sparked fresh embarrassment for Harvard University yesterday as critics...
    2072 replies | 117032 view(s)
  • blackcap's Avatar
    Yesterday, 04:15 PM
    I don't care what she said and what her made up stories of her parents were. r her DNA test proved she is as much Native Indian as any other person...
    2072 replies | 117032 view(s)
  • blackcap's Avatar
    Yesterday, 04:01 PM
    I don't, and it may not be. Just using a hypothetical example to show that if you were going to be taxed on unrealised gains, or a wealth type tax,...
    153 replies | 8529 view(s)
  • blackcap's Avatar
    Yesterday, 03:53 PM
    Don't make me laugh, a person of integrity? Come on, using cultural appropriation to advance her carreer. Big no no. She is as Native Indian as...
    2072 replies | 117032 view(s)
  • blackcap's Avatar
    Yesterday, 01:45 PM
    He did not actually say that he has grabbed women by the pussy. He said you could do it in that position. A hypothetical. I'm even willing to...
    2072 replies | 117032 view(s)
  • blackcap's Avatar
    Yesterday, 12:50 PM
    Elizabeth Warren or "Pocahontas" as she is affectionately known, is the biggest deceiver our there. She is not native American, has never been, and...
    2072 replies | 117032 view(s)
  • blackcap's Avatar
    Yesterday, 11:01 AM
    blackcap replied to a thread STU in NZX
    Because Milford may have said "all or nothing"! No lose situation for Milford, if called bluff and nothing, they the FBU play is still on table etc.
    576 replies | 70739 view(s)
  • blackcap's Avatar
    Yesterday, 10:07 AM
    blackcap replied to a thread STU in NZX
    It gives them a blocking stake though. But agree, Bluescope has the spare change (they have been doing very well of late) to buy all of STU. I am...
    576 replies | 70739 view(s)
  • blackcap's Avatar
    Yesterday, 09:01 AM
    blackcap replied to a thread STU in NZX
    New Zealand Steel Limited is the owner of the Glenbrook Steel Mill, the steel mill located 40 kilometres south east of Auckland in Glenbrook, New...
    576 replies | 70739 view(s)
  • blackcap's Avatar
    Yesterday, 08:59 AM
    blackcap replied to a thread STU in NZX
    That is the million $ question. But you have to wonder if they will be happy with a 15% stake and leave it at that? Maybe they think they can exert...
    576 replies | 70739 view(s)
  • blackcap's Avatar
    Yesterday, 08:49 AM
    blackcap replied to a thread STU in NZX
    That register is so open its not funny, after Milford the next best holder has 4.88%, Acc 2.88% and then its rats and mice. If it is FBU buying...
    576 replies | 70739 view(s)
  • blackcap's Avatar
    Yesterday, 08:36 AM
    blackcap replied to a thread STU in NZX
    I wonder if FBU is the buyer? Or otherwise who is the buyer? The seller/s should be easy enough to work out.
    576 replies | 70739 view(s)
  • blackcap's Avatar
    Yesterday, 06:31 AM
    blackcap replied to a thread National - FFS! in Elections
    Totally with you on this one. And that goes for Labour just as much as National. (sorry you said elected officials I just realised). It is a worry...
    82 replies | 2200 view(s)
  • blackcap's Avatar
    16-10-2018, 07:17 PM
    blackcap replied to a thread National - FFS! in Elections
    Well fair call, you are entitled to your opinion. Simon just needs to resign but I think he is too stupid to even contemplate that.
    82 replies | 2200 view(s)
  • blackcap's Avatar
    16-10-2018, 04:43 PM
    blackcap replied to a thread National - FFS! in Elections
    Are you talking about Kavanaugh or JLR? Kavanaugh is innocent, Ford is guilty of lying. The evidence points to that, its not conclusive but the...
    82 replies | 2200 view(s)
  • blackcap's Avatar
    16-10-2018, 04:23 PM
    I thought we were talking about a Capital Gains tax on unrealised gains? Either way, a tax on profits yet to be realised (like FIF) can be...
    153 replies | 8529 view(s)
  • blackcap's Avatar
    16-10-2018, 03:08 PM
    I think what Bjauck is meaning is that if asset value goes up from $100k to $200k in tax year, you are liable for tax on the $100k value increase....
    153 replies | 8529 view(s)
  • blackcap's Avatar
    16-10-2018, 11:22 AM
    blackcap replied to a thread STU in NZX
    That has me totally baffled. Where is the STU board?
    576 replies | 70739 view(s)
  • blackcap's Avatar
    16-10-2018, 09:14 AM
    blackcap replied to a thread STU in NZX
    Yes it is 2.7% but the payoff is 36x your investment. So you put $1 on say 18 and it comes up 18, the casino gives you $36!
    576 replies | 70739 view(s)
  • blackcap's Avatar
    16-10-2018, 09:05 AM
    blackcap replied to a thread STU in NZX
    Yeah there is as "zero" the house takes everything. But that only occurs once every 37 spins. So 1/37 is 2.7% which is the house advantage. Which to...
    576 replies | 70739 view(s)
  • blackcap's Avatar
    16-10-2018, 08:52 AM
    blackcap replied to a thread STU in NZX
    Agree the STU odds were good, but Casino odds on roulette are about 3% or 6% pre-determined, and on blackjack its closer to 0% pre-determined. It...
    576 replies | 70739 view(s)
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About blackcap

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About blackcap
Location:
Wellington, New Zealand
Interests:
Cricket, (naturally) Rugby, Reading, Running

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