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Were those in NYC? That city is infamous for chop shop bucket shops.

Whether our clients make money or lose money, Duke and Duke still get the commission. Y'all sound like a couple of bookies. I think he gets it Mortimer.

People should just ditch the full service firms. It's all BS. The only reason to use a full service firm is if they are giving you hot IPO's. Here is my simple stock picking strategy for those that are looking to invest for long term and not willing to take huge risks...buy SPY and IWM and hold...

So with 14k income/year, how much house can he afford to buy using the 1/3 income for housing. I'm guessing around a 60k house. 60k in California won't get you a cracker jack box.

Best broker to use is Churn Em And Burn Em Securities in Brooklyn. Tell Vinny I sent ya. He's got some nice stocks to sell ya with 2 point spreads. Fuggetaboutit!!

Nothing wrong with an MBA, especially from an Ivy League. Tons of wealthy traders and fund managers out there with an MBA.

The main reason why both spouses work in this country is because life is too expensive in this country. In the more desirable areas around the country, homes in a good neighborhood could easily cost $700k, so you need the 2 incomes. Then you have the folks who are so brainwashed into thinking...

Atlanta area is also seeing lots of growth and building. Very affordable, just like Houston. I see people everyday with CA, NJ, and NY license plates.

Buy SPY and IWM for long term holdings.

Corporate profits have been strong because consumers have been using their house as an ATM and they have had lower expenses thanks to outsourcing. What will happen once the consumer is tapped out, now that their house is depreciating.

I think you meant Slovenia above, which is next to Italy. Forget those countries, he should consider Croatia. Look at these awesome views... http://www.pointernet.pds.hu/touristinfo/free_wallpapers/dubrovnik-croatia-6.jpg http://upload.wikimedia.org/wikipedia/bs/f/fe/Makarska1.jpg

Swim across the Atlantic Ocean. That's funny

http://www.realtytrac.com/ContentManagement/pressrelease.aspx?ChannelID=9&ItemID=1855&accnt=64847 42% year over year increase in foreclosures in the country

Blast, What part of Europe are you moving to? I love it there. I think Croatia is extremely beautiful along the coasts, as is Italy. Here is a pic of Dubrovnik, Croatia... http://www.pointernet.pds.hu/touristinfo/free_wallpapers/dubrovnik-croatia-6.jpg

CA nowadays is great if you have money to burn. Otherwise, TX and GA are the places to be.

So property taxes stay exactly the same and never go up or down in CA after you buy a home?

My dad worked in a factory for 31 years, a Ford plant. Factories give many people in this country jobs, people that don't want to go to college.

What do you do if want to buy, say 5000 contracts as in his example, but the stock and options are illiquid, is it best to just put in a bid and wait for it to get filled, assuming this is something that you just must buy?

So once Central America starts demanding higher wages, we can have chimpanzees perform every single job in the world. They won't cost us much, just a few bananas here and there. Us humans can all go back to living in caves. I think a few wealthy individuals wouldn't mind seeing that happen.

If you can't file bankruptcy against the IRS, how can you (as you mentioned in an earlier reply) claim an exemption for being insolvent? Is the IRS going to demand the tax payment for the debt forgiven? Is there no way around that? What do they do if you are broke?