Recent content by ScapGF

Do the math. Your numbers are absolutely correct. Just keep compounding the 20% and after 24 months and 36 months you get the numbers I quoted. That is why your expectations are entirely out of the realm of reality. Again, your math is right, just keep going to get the numbers I stated...

20% per month? Right...... That turns $10,000 to almost $800,000 in 2 years. One year after that and it becomes $7m Good luck.

I'd be interested in hearing some of the examples for sure.

Actually, the question was trying to figure out why the IRS will let you contribute more to a 401k than an IRA. An IRA has a clear advantage over most 401k's since 401ks limit you to the investment menu of the plan whereas an IRA lets you have more choice on where to invest. And to answer...

So why is it that you can contribute more to a 401k?

I am aware that one can only deposit $5k per year into a traditional IRA while deducting that same amount from your gross income. However, how does it work for the following scenario: 1. Person has IRA 2. Person receives $100k and wants to put it in an IRA Can that person put $100k...

By "got a cheque again last month" do you mean that you have gotten two new distributions this year?

Did anyone else receive a legal letter about a month ago from the bankruptcy stating that they were planning for one more, if not possibly two more, distributions?

Uh, too bad only 100:1 is available...

With the Oanda demo just know that if you want to pull account history that it only pulls the previous 6 months or so. So basically if you trade for longer than that you should pull the data into excel and update it that way, otherwise your trade history is lost. However, P/L remains intact...

I don't care who does what, but sounding like kids with this sophmoric back and forth doesn't make ANYONE look good. People need to grow up.

Apparently so, because I simply meant that Reuters is the total package and has features not shared with BBG. That was the point in me briefly describing the product.

Odd, but I don't recall saying that or even hinting at that in my response...

Reuters 3000 Xtra is the premier package for energy futures. You can view individual contracts or the entire curve. Also, ease of use is great and very solid support staff. You can also overlay the pricing of any security over another with their charting. Not to mention that you can drag...