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I think it's more than $50k in China, but it's due to taxes not inflation. I know an Accord costs $50k there.

A few years ago, when we had the energy deregulation disaster in Calif, I looked into solar installation for my house. Even with the enormous rebate programs at the time, my investment recoup period was about 7 years. Without the rebates it was around 13-15 years. You have to run the numbers...

Don't know about this. Several yrs ago people predicted that LED bulbs would become more popular by now, but I still don't see them for sale except at specialty online stores. You can't get them at the hardware store. They're 60 times as expensive as a compact fluorescent but only 4x as...

I wonder how much of the inflation is really caused by energy. Your supermarket's enormous utility bill has probably gone up as much as your house utility bill. A gallon of milk weighs 10 lbs, and it's very expensive to transport, so are fruits/veggies which are mostly water. Those fuel...

Only a total pea-brain would pay 100k for an SLK. The most expensive SLK goes for $65k. Are you talking about the SL?

I used to have an '05 500SL, and it was a lot less reliable than my old Camry. However, people who buy cars over 100k generally dont care as much about reliability as performance, sex-appeal and exclusivity. If reliability is your concern, go for a high-end Lexus. It has the reliability of a...

out of curiosity, what made you change your mind?

actually it seems most brokers nowadays charge an inactivity fee if your equity falls below some amount, usually 2500 to 25k. It seems that the ones that dont are in the minority.

It seems that prop's main advantage is leverage, but if you have a large enough retail account and trades futures or options, you'd qualify for SPAN and portfolio margin, and that swings the advantage back to retail. For stocks, prop seems to have superior leverage over portfolio margin.

Software firewalls have no performance impact other than causing your computer to start up slower than usual. They have the big advantage of blocking by application instead of by port. You can configure your HW firewall to block every port except x and y, so only your trading app can connect...

It seems most people are listing benefits of prop over retail. What about retail's advantages? I only saw 2 advantages listed.

If all they're doing is making personal insults and saying IBKR is overpriced, I don't know that it's worth it to try to shut them down. Market analysts criticize stocks too, so what? As for personal insults, execs are insulted all the time. How many anti-Bill Gates sites are there, probably...

Calm down, it ain't gonna happen. Deliquent borrowers make up a tiny tiny fraction of all borrowers, and most people are against a bailout. About 98% of borrowers are not deliquent, so do you think they have much sympathy for those who are? The White House is against a bailout. Do you think...

This sounds like BS. 10% of 4.1B is 410M. So they're saying his original investment was 10M and it became 410M in 3 years? That's what "earning 400M" means.

hmm today I couldn't transmit my orders when I clicked on the red "T" box. Nothing happened when I clicked on the box. But I was able to transmit by using the button in Check Margin. I guess it's a new feature in 872 :D

I feel a lot of pity for the ordinary folks who are just jumping on the bandwagon. It's shades of 2000 nasdaq all over again. When the fairy tale ends -- and it will, eventually -- things will get very very ugly. Many a life savings will be lost.

I dunno, the city of Phoenix has 1.5M residents (that's not even counting the entire metro area). So they obviously have a lot of jobs there to support a population that size.

I have an app that generates 125% per day, improves your golf game, and vacuums your carpets. I'll sell to the highest bidder.

-2% per day is the average :D

I didn't daytrade during 1999-00, but I knew people who did and they eventually lost everything they made and then some in 2000-01. Buy-and-hold investors didn't fare much better especially if they invested in techs. It was a bloodbath you would not forget if you saw it first hand.