Search results

Apparently the exemption to interest related dividends and capital gains has expired "Interest-related dividends and short-term capital gain dividends received from mutual funds. At the time this publication went to print, the exemption from chapter 3 withholding on certain interest-related...

Lets say a non-resident alien files his W8-Ben (with no tax treaty provisions). According to the IRS, capital gains are tax free in the US as well as "interest-related dividends or short-term capital gain dividends". I have tested the latter by owning an ETF that made a capital gain...

I'm not really concerned about taxes but rather about the reporting requirements that US persons have under FATCA

I'm referring to non-US citizens or residents who open a US LLC or corporation with a US bank account. Do they automatically become a "US person" to the IRS?

Not that I know of. Its an idea for when Greece gets out of the EUR, the drachma tanks 50%+ and people panic sell everything. You would think the REITs would be down a ton but I checked some charts and it looks like they are actually the sector that is holding up way better than the market

Plus Grivalia Properties This one is in GREK but only with a small weigthing

The list of the REITs http://reitinfo.com/index.php?option=com_content&view=category&layout=blog&id=90&Itemid=163

" The Greek Exp erience The first REIT in Greece, or REICS as they are known locally (“Real Estate Investment Companies”), was listed in 2005. There are currently 3 REICS listed on the Greek Stock Exchange, and a further two in the process of establishment Whilst Greek RE ICS have the usual...

I thought about buying a condo and renting it out but the more I think about it the more I think its just an inferior way to express a view. If property prices have a good return (say 100% after 10 years), you can bet stock prices will do better than that, they would probably be up 200-300% or...

Things like dividends, buybacks, mergers/buyouts tend to make the price of shares stay in line with how much they are worth. If they get too out of line those things tend to kick in and bounce them back. That's what shareholders are counting on

Well, you would have to wait for them to open but it looks like I don't need it anyone. I used to have an old dormant checking account with Laiki Bank (Cyprus), they went bust and became Bank of Cyprus. The account is still there and works. I asked them if I could buy the Greek stock market and...

Here is a trade idea from Icahn, short sell high yield ETFs. He is probably using CDS but I don't think there is a huge difference between shorting the bonds and buying CDS. If you look at the charts of JNK HYG you can see that these things have peaked out and have been downtrending for like a...

I'm thinking of opening a bank/brokerage account in Greece (but of course, I won't fund it in any meanigful way). GREK just ain't diversified enough, only 2% real estate. Just 20 stocks. But I'm only a buyer of Greek assets if they are denominated in drachmas and people are panicking

I cant replicate the problem you describe

Also, there is a bet on betfair.com on Grexit. I bet a little bit this morning getting something like 7-1 (for 2015), now its like 6-1. I might bet more soon. This might be better than GREK short although there is not that much liquidity Ideally, I will profit on both the Grexit and in the...

Here is a investment idea, Greece real estate http://www.homegreekhome.com/en/search/results/residential/sale/r101/m101m102m103m104m/price_1000-50000/order_pricepersqmeters_asc Seems to be getting pretty cheap. Is anyone familiar with the laws with regards to foreign investors?I also saw a...

I use a macbook pro with 3 external monitors (4 screens total). works perfectly

Covered GREK into this pull to 10.80s. I think the trade will eventually work but they might delay this thing for a while and its tough to stay short markets that are so beaten down, the bounces are violent. Ended up losing 7% on the trade, that's ok for the odds I was getting. If a similar...

Got the small short on GREK, now lets see if they get out over the weekend or before. If they don't, I might have to cover monday, will depend on the news

True, there is that as well.