drsmith1072
Senior Member
- Jul 30, 2009
- 6,031
- 250
- 48
Good for him! Capital gains are less because the person TAKES A RISK INVESTING! Romney could of lost that much. It shows that he is a smart investor.
Unfortunately most people are jealous and think Romney is out of touch with the "so called
average person". I want somebody smart like Romney as President!
Mitt Romney releases tax returns - The Washington Post
-
Even if you give him the high side of a return of about 20% that still means that he had to invest over $100 million to get that kind of return.
However, unless you know what he invested in, what his return was and how much he invested isn't it kind of hard to say that he is a "smart investor?"
What if it took him investing 300 million at a 7% return to make 21 million would that be evidence of a "smart investor?"