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Yeah, let's have lots of people killed and maimed in a revolution so we get to keep more of our money! And destroy our economy while we're at it, but hey, as long as we've got our's, right?

While I agree with your assessment of the OP, it is a decent question I'll rephrase. If an option's option value is going to decay X in a day (I hear people call that theta decay but the theta itself isn't decaying so that's not quite accurate), does it decay by X/24 each hour? Or X/6.5 during...

If you make more than a de minimis amount then yes, you still have to pay SS tax. Of course if you make more than a de minimis amount you cap out and stop having to pay SS tax (anything over $132,900 this year), so since it's not marginal it really doesn't matter much if you're in a position to...

Unless you can get some notoriety like Snowden or Assange I'd guess Russia would want you to pay tax on that income as well. And in most countries you pay a VAT (UAE I think has both income tax and VAT) so again if you put the money to any use you'd end up paying tax. As an academic exercise...

The problem with illicit wealth isn't hiding it. It's paradoxically figuring out a way to pay taxes on it. If you have wealth and don't spend it, then what's the point? If you spend it, then your spending is obvious. If you're going to do something illegal the risk adjusted return demands that...

I was a professional pilot for many years. I treated it as a serious business. And yet I didn't bite the head off my flight mechanic when they cracked a joke about how we'd been sitting on the ramp for 4 hours waiting for a replacement part to be delivered. I usually joined in, in fact. At the...

Good thing you didn't attempt to hedge it with SPY or something! That's actually a valuable story for me, as I probably would have tried to cover elsewhere.

In my defense I did wait a day to hopefully catch his more rational mind:sneaky: It was a pretty textbook example of how NOT to communicate during an "emergency" on CME's part, although I guess not communicating was exactly what they did!

I'm not religious but you need the serenity prayer dude: God grant me the serenity to accept the things I cannot change; courage to change the things I can; and wisdom to know the difference. Nothing anyone could have posted here would have changed anything. May as well try to help notch down...

Fundamental to a block-chain is that there is a complete history of every transaction that's ever happened publicly available. No-one has to "infiltrate" anything, it's trivial to subpoena or even obtain without a subpoena in may cases, a point of translation into real currency and collate a...

What Goes On in Those Brexit Talks in Brussels? ‘Nothing,’ Document Says https://www.nytimes.com/2019/02/26/world/europe/brexit-theresa-may-brussels.html Now got a max bet at PredictIt on no Brexit by March 29th and Brexit revote announced by 3/31, so this 'murican now officially has skin in...

Wow! So you can trade at another firm without pre-clearing your trades with your compliance dept? How do they ensure employees aren't front-running customer orders? It sounds like your assessment of them is pretty accurate! My first and a half hand experience (my wife worked at the financial...

What was the last company to raise over $100m (about the median IPO size) listing on the pick sheets? Perhaps you're not really clear on the point of an IPO and what type of company engages in it? Hint: if you're a successful company not quite big enough for a real IPO there is more than enough...

It happened at 48 hours for me in an account that was otherwise nowhere near a margin call, so just speaking from first hand experience. Unless they've changed radically it's certainly not 2 hours, there are lots of stories on here with people getting auto liquidated lot earlier than that. As...

This exactly. You need to double $10M seven times to reach $1M. You need to double $10,000 seventeen times to get the same result. This guy is getting $10M a year in revenue from his business. So he can give it a try with $10M and fail and he just tries again next year with that year's $10M. So...

A couple for you: They evaluate your portfolio up to 48 hours before options expiration and start autoliquidating your options portfolio if you don't have enough cash to exercise the options and buy the underlying, even if you have no intention of buying the underlying. They evaluate each leg of...

They just hadn't programmed in limits on rudder deflection during an encounter with wake turbulence...yet. I'm guessing it's programmed in now, will have to ask one of the bus drivers I know next time I talk to them.

So you know you could eat all the cannabis garnish leaves you wanted without getting high in any way? You gotta heat the THC to activate it, and sitting on Vindaloo Chicken probably isn't going to do it for you!

Pet peeves of mine, using the term IT and "software developer" interchangeably. Big hint for you, just like you'll never hear an MD say they're "a medical professional" instead of simply saying they're a doctor you'll never hear a software developer refer to themselves as an "IT guy". IT guys...

If you're talking about smoking anything inside, then yeah, that's a jackass move. Not one that makes you any more dangerous as a bus driver than the tens of millions in Canada who drink, but a dick move nonetheless. If you're talking about kids getting contact highs from a guy smoking...