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You can say that a thousand times but it won't make it accurate. As a former holder of US Government debt, I can say with certainty that such a thing is real. Zimbabwe was run by a murderous, racist dictator. That may be the root cause of their problems but currency inflation is due to printing.

But could we really trust DTCC after what happened with GameStop?

The currency lost value because they printed too much full stop. There may have been events that lead to the choice of that action, but the printing is the cause of the devaluation. The notion that dollar denominated debt isn't real debt is silly. Economies can be destroyed by internal or...

You can also get some negative tax treatment if you get a PIL payment instead of an actual dividend payment. Edit... Oops someone beat me to the punch

Or war. They don't have to pay you if you are dead.

The only way I can see is to start a bank. If you can take $1million in assets and then make $10million in loans, they you can beat inflation because the interest rate you're charging gets magnified by all that leverage. Inflation actually helps in that case, because in the event that your...

If you get anything out of IBKR other than "we're only allowing people to close positions" please post here.

Actual answer as of 3/23 1:45AM est on interactive brokers: LUOH MOEX can't open positions LUKOY OTC can't open positions LKOD LSE can't open positions I would expect that it's similar for anything else worth buying. Sadly, I have been able to find very little, thoughtful and/or researched...

I think this was true 20 years ago. Today there are so many indices, and there is so much money tied up in index funds that I'm not not sure it's valid to assume that all indices operate in perfect isolation and will remain true to the spirit of their charter. A few thoughts: 1) Today there is...

Or a change in the index composition.... Which is what I'm considering a risk. A group running an index could change the index composition at any time for any reason. Immediate fire sale follows from passive funds.

Something has been bugging me related to the rapid actions in to financial sector related to Russia/Ukraine: Extremely quickly: -Indices where changing their make-up -Funds were selling off stock -Transaction volumes crashed Fund managers seemed to be tripping all over themselves to sell off...

This is a very good question for which I have a poor answer. My selection criteria are based around Graham and my own personal observations without real quantitative back testing. I really should set some time aside for this. For what it's worth, much of what drove me to more direct...

I look at value. P/e p/b div yield etc. In other words: Is this a fundamentally sound business that is attractively priced. But I'm less of a "trader" than an investor.

First, I think this whole situation has exposed a huge risk related to ETFs: The fund can sell of the underlying at firesale prices due to things like removal from an index, de-listing etc. I would not make this play inside an etf because it just adds risk. The bigger question where can you...

Personally, I'm glad the people post their problems here. If a broker is messing up or difficult to deal with, it's nice to have that information even if I don't have my own solution to contribute.

Yes. Thank you. I found this statement as well: "To trade penny stocks, you must meet the minimum financial and age criteria required to trade equity options, and you must be using two-factor authentication (Secure Login System physical security device or IBKR Key security app) with your...

I think cutting Russia off from swift has a large potential to backfire. As long as Europe continues to buy their energy, they'll have to pay for it. If they did that, and if I was Putin, I would simply demand pre-payment in physical gold. (After all, they're also talking about seizing...

What are the criteria for permission to trade OTC pink stocks with IBKR? I called phone support but it's just a mess. The woman told me that that she couldn't tell me. The web site doesn't provide that information either. (I'm not using a margin account.)

lukoy: earn a good dividend while waiting for it to hit the high again. I'd much rather have something like that than a "tech" unicorn (that doesn't really have any unique technology)

The link I posted was to sec.gov.