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If in my quest to make profits I knowingly sold a dangerous product that killed people and made them sick I would get sued. Also if I lied and covered up the facts to protect myself and my profits that would only compound my legal problems and I would get punished even more with larger law suits...

You sound like you really know your stuff. It's all greek to me though.

I don't see why so many here are complaining about the lawsuit. If the drug companies stopped lying and hiding the dangers of their drugs there would be no lawsuits. They are getting their rewards for an illegal action action against the consumers. The drug companies are the modern day snake oil...

I report all my income so I don't care what the bank turns in. I'm sure the government would love to outlaw cash, but I don't think it will happen in the USA for a while, probably not in my working life time anyway. I once cashed a $15,000 check made out to me. It was a crazy, the tellers...

I have a construction business and a few years ago I purchased some cedar shingles, over $25000 worth. I paid for this in cash. The guy taking the money didn't know what to do, he said it was the most cash he'd ever seen at one time. Kinda of funny really, $25000 is a lot of money but not that...

excellent post

There is a leagal way to protest the IRS. Without breaking any laws or even getting close to the gray line of legal or illegal. You can make most of your purchases in cash. Pay the lawn guy in cash, your painter in cash, groceries, everything you possibly can. When you get a check cash it (but...

When I said conserative accountants cost me too much in the past I meant I was paying too much in taxes. The accountant I have now is very reasonable and aggressive. I pay him about $500 a year apx. on my construction business tax returns, sometimes higher sometiimes lower depending how...

I don't like conserative accountants either, they have cost me too much money in the past. I'll have to study some more on incorporating for trading. Where I'm at I don't think I'll find an account who is an expert on trading so I have to learn what I can myself first.

Am I figuring this right your paying $4.75 / rt (1.21 - .83 = .38 * $12.5 = $4.75)? I think I read in one of your other posts that you trade with IB. Are you considering going with a volume discount broker. Impressive man, but don't know if I need to read sucess stories like this before I've...

What tax savings are you getting from your S corp.? I used to have a construction business S Corp. and didn't find much tax help. I'll be incorp a new business this year but I'll keep it a C corp this time. A good site for information on taxes and bookkeeping, and corporations is...

The only people I know of who are qualified to answer your question are Rush Limbaugh and Dr. Laura. They know everything.

I've been reading the ET forums for a while and it seems like everytime IB is mentioned a rep comes on and comments or answers questions. This looks like it'd be a good place to see an IB rep make a comment.

AAA do you daytrade?

A badass and a trading master, a 2 for 1. I am impressed! Where's the link where I can sign up?

You guys are funny. It's a pointless argument. All sides minds are made up and can't and don't want to be changed. Also no one can prove their side of the argument. It is impossible to prove there is no god, just like its impossible to prove there are no aliens or ghosts or whatever. It is also...

hell yeah

Maybe there is nothing wrong with starting with $2500. In fact it may be much better than starting with $5000. With $2500 if you are good at trading with tight stops you may survive. If not you will lose your $2500. And back to the drawing board and study more. If you are good at trading with...

It sounds to me like you've got good stamina if you can eat a fat girl out for 17 minutes, 6 seconds.

what do you scalp futures/stocks?