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    RRSP Acct with US Stocks

    Another important thing to consider would be your currency conversion costs, since the self-directed RRSP account needs to be denominated in Canadian dollars. This isn't such a huge deal if you are looking to buy and hold for longer timeframes, but good luck trying to profitably daytrade this...
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    Two Factors In Buying a House

    I have to agree on this one, I'm in university right now, also working for a mortgage company. If a client gets to the point where they cannot pay their mortgage and/or cannot repay their arrears, it goes to a lawyer for lump sum payment demand, followed by foreclosure proceedings if that fails...
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    inexpensive, cool trading desks

    I agree with this one completely, I'm a big fan of Ikea, the quality of the majority of the stuff that they sell tends to be far better than what the same prices will get you at a department store. I've had an oversized Ikea desk for about 5 years now, love it, and it only cost me around $150...
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    references for a wannabe trader

    I'm still in the process of absorbing everything I can regarding trading, also been trading small amounts of money in equities for a little under a year. The first book that I would recommend reading is "Reminiscences of a Stock Operator" by Edwin Lefevre. Old but excellent book that...
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    Interesting "caribbean pirates"

    Another important reason by the US is likely to continue to flourish for a long time: nukes. If you look at the history of warfare, technological superiority, be it tactics, equipment, etc. nearly always meant dominance for those wielding the technology. If there was ever a serious threat to...
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    NewYork Real Estate - Two 111-storey offices for Manhattan

    I wasn't saying that Trump's design is more/less safe than the "freedom tower" design, I was just saying that regardless of what office design they rebuild it into, how many people here would actually want to go work there?
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    Bid/Ask Spread Obsolete

    Well, one possibility would be if you submit a market order close to the same time as someone else (with yours submitted shortly after theirs), you would likely get filled a fair bit higher than you were expecting (given the numbers that you provided). Another issue with slippage is more...
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    NewYork Real Estate - Two 111-storey offices for Manhattan

    Just a thought - would anyone actually want to go work in the new tower(s) once finished, which would likely be the single biggest target in the event of any future terror attacks?
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    Yahoo 'Web Beacons' Spy On And Track Yahoo Users!

    Looks like it is, you can get to "privacy" section from the links at the bottom of a main Yahoo page.
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    Serious buying in chip sector

    That's an interesting view on things, but I have some doubts about this happening. The overall market seems pretty bearish right now (the "good news is bad news" version of sentiment). I think that the next week or two of trading will be critical though, a quick look at the 1yr QQQQ shows...
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    Position Size 4 DAY TRADERS

    I think that the approach of betting much larger percentages of your account on a trade depends on a number of factors (I will only comment from equities trading perspective). One consideration would be whether or not you are leveraged. If you are, there is a fairly good chance that at some...
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    Serious buying in chip sector

    I don't think we're going to see much further upside in techs for now, I agree with you about them being slow during the summer, techs are definately seasonal IMO... For example, NVDA is trading around $25 right now, it's a pretty good bet that they will be trading around $10 in early August...
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    Serious buying in chip sector

    ...and NVDA.
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    PIPEs

    I don't honestly know when the PIPE was originally announced, it happened a bit before I started watching the stock in October/November. They used the financing to aquire another company (I think it was called focal), renamed the company, etc...
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    Anyone else get negative response when you explain career?

    Exactly. My opinion of this issue is that I generally don't really care what others think of me, but if you're a successful trader (my version of success meaning that you're self-employed and able to meet your living needs without too much stress), who cares what anyone thinks of your chosen...
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    PIPEs

    PIPE financing seems to have a pretty bad reputation for investors. One example of PIPE for a company that I have followed for nearly a year now is Broadwing (BWNG). I think what tends to happen is actually the opposite of what you are suggesting. A company that would have difficulty in...
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    Huge Losses

    My suggestion would be to educate yourself about the psychological side of trading. The first book that I would recommend reading would be "Reminiscences of a Stock Operator" by Edwin Lefevre. I think that this is an excellent book to start with because it primarily deals with psychology...
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    Hahaha! Canadian hedge fund 1.4 Billion in the red!

    Perhaps, but I think that the broader issue here is the possibility of losing your investment funds. While it is certainly possible to lose money when investing with a mutual fund, hedge funds are generally speaking far riskier mutual funds. It sure does look bad when one of the Portus...
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    POLL - What is your status?

    I would definately classify myself as a "student of the markets" right now, even though I'm currently trading with a small online brokerage account. I started trading in August of 2004, and likely won't have sufficient seed money to trade seriously until I'm finished University a year or so...
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    if china floats the yuan

    The lack of futures options and forward contracts for USD to Yuan conversion is separate from the ability to do conversions between the two currencies. There won't be futures and forwards available until such time as China chooses to float their currency, since these hedging instruments exist...
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