Recent content by ubiquity

here are two simple examples using 2001 tax rates and assuming single filing status: you have $75,000 of taxable income: etf: you pay $17,535 in taxes for a rate of 23.38% e-mini: you pay $13,876 in taxes for a rate of 18.50% SAVINGS: $3,659 you have $200,000 of taxable income...

for those that daytrade qqq and spy, why have you decided to trade the etfs and not the e-mini s&p/nasdaq? you are giving up the tax advantages of the e-mini's 60/40 treatment (60% of gains taxed at 20% and 40% at your normal short-term tax rate).