For all of you US futures traders... Carl Levin recently introduced a bill in the senate that will eliminate the 60/40 cap gains treatment on section 1256 contracts..
Language from the bill:
"any gain or loss with respect to a section 1256 contract shall be treated as short-term capital...
So suppose you are standing at the bottom of a hill... I run down from nowhere and say "hey - I just saved your life... the car up there didn't have its emergency brake set... it was going to roll down here and kill you! I set it and saved your life."
This isn't how politicians work.
The...
It's not exactly the same but the Reed amendment punishes those determined by the AG to have renounced US citizenship to avoid taxes.
"Any alien who is a former citizen of the United States who officially renounces United States citizenship and who is determined by the Attorney General to...
Fukushima is releasing radioactive particles into the environment every day to this day. They never contained the damn thing like the Soviets did with Chernobyl. There is a big difference between radiation exposure and ingesting radioactive fallout.
The fallout is carried by the jet stream...
If you are tenacious enough to be a competent retail trader you have 3X the required tenacity to be successful at anything. There are plenty of other ways to make money and I'd say nearly ALL of them are easier.
Trading is a business like any other... it has it's pluses and minuses. Don't...
For #1 educate yourself about chargebacks... it is an incredibly powerful tool for consumers.
Actually it's not a tool it's a weapon... use with care or your card (and possibly you) will end up on merchant blacklists.
I used to have a merchant account... and basically if someone...
Old folks like to go out on their own terms. Young folks tend to focus on prolonging life for the sake of it.
Don't pity or coddle the guy or be phony... just treat him like you always did until the end. Hard to do if you see the writing on the wall ...but that's the point.
I'm short biased as well and only cautiously trading the long side or not at all. I think it's going churn for a few days until the shorts stop believing ....then they dump it down :)