Recent content by Groosh

I didn't say that blue chips couldn't go down. I am just looking for some advice to see if there is any way to earn a higher interest rate on idle cash. I am pretty unfamiliar with bonds and other dividend mechanisms so I was hoping someone would know if those would fit the bill of what I am...

I realize that eventually I will need a larger cash reserve but assuming I invest in something like a blue chip/dividend stock, those stocks are the same as cash in that I should be able to cash them out at anytime for nearly what I paid for them. I do intend to raise the position size but...

Hey all, I have been browsing the forums and the thousands of threads but haven't found what I am looking for so I am here looking for some help. I made the leap to career trader about a month ago and have been fairly successful so far. (Knock on wood.) Obviously this is successful by my...

Hey all, I was looking for some advice on what the best way to set things up tax-wise for those of us intending to derive the majority of our income from trading. I have heard that it is best to form an LLC but that seems somewhat excessive. Advice? Thanks in advance.