One has to wonder, that if we changed tax laws to incentivize investors to hold investments longer, if that might have an positive and amazing impact on our economy? Today it is all about incremental, fast, timed trades. What if it became about investing in companies and their long term success? What if were benefited from companies that made good long term decisions instead of decisions to maximize every quarter?
See Finance is Ruining America and read Flash Boys: A Wall Street Revolt to see what I mean. Of course I’m not the only one saying this. It is just not something that we have the will to fix. Lots of money is made by a few with the current system.