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    Covered calls...Switching from "day only" to "good until cancelled"...

    I'm doing a sell to open on a stock with Schwab. Just wondering if I switch my order from day only to good until cancelled will I end up going to the back of the line as a new order?? Will all the sell to opens that were at my price, be able to jump in front of me now? This is occurring...
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    Career advice

    I could see him/her doing the first one...You have something they want and need. Only requires the right sale to make $$. But on the second, you need to be understanding and caring. You need to be a good listener. You need a proven track record with proven companies. You could have great...
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    The Active Money Manager Model Is No Longer Viable

    This is why I think Amazon should go into passive mutual funds. Have a minimum of $50,000. per account required. Charge regular fees (the same as Fidelity and Schwab) for all the bells and whistles...Wire transfers, exit fees, minimum trade restrictions, ect...
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    Career advice

    Feel like I'll get ripped, but I'll play the game. So you live in Eastern Europe, you have great skills in quant and IT. You went to a great college and may or may not have a degree. You also have an issue with alcohol and playing by the bosses rules. You are also running out of money...
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    DITM LEAPS Covered Calls to Collect Dividends

    I do mostly covered calls (trust accounts and ROTH IRAs). I have had my options get exercised (called away) many times for the dividend. If it's a strong dividend (over 3%) I see it happen more often. The person on the other side of the trade is no dummy...They crunch the numbers!!
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    High valuations, dry powder concerns for PE investors

    Enough...2007-2009, it's called a Global Economy. Maybe you've heard of it?? The question was "high valuation". I think I've explained it, and where it is headed...
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    High valuations, dry powder concerns for PE investors

    Are they printing money big time?? Yes, and it effects where the money is invested. Will a president walk the states into bankruptcy in the next few years? Yes...No question about it. You have both the federal and state issues. But they both effect the economy. See below...Concerning...
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    High valuations, dry powder concerns for PE investors

    The Fed buys treasuries...With what?? If China were to stop buying treasuries...AHHH we would be in deep do do. So much like Germany in the 1930s... On November 7, 2016, debt held by the public was $14.3 trillion or about 76% of the previous 12 months of GDP.[5][6][7][8] Intragovernmental...
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    What is the best state to set up a C corp for trading? Tax free income and corporate tax,...

    Many people from California were incorporating in Nevada years ago. Many would still live in CA, but pretend they lived in NV. California got wise to this and went after their pensions (since they made and earned the money in CA). I don't know if NY would (and could) try and do the same?? If...
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    High valuations, dry powder concerns for PE investors

    I'll share my thought process...There may be some truth here...Maybe not. The government is printing money like a drunken sailor. This money is going to government employees and retirees (federal, state, city, special districts). They are looking for a place to invest it. You also have a lot...
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    Why Schwab’s CEO Bets You Won’t Be Trading Stocks on Amazon

    Tired...Didn't read everyone's input. I was thinking Amazon could go after a Vanguard style. Do it right, from the ground up. Maybe just do very low loaded/fee mutual funds...Online. Without the Vanguard wait for phone responses...
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    I need to lose $5000. (long term capital gains) in order to make over $20,000. Obamacare...

    Yes, many people are not good at taking test, and they become very good in their field. But it gives you a basis to start. My CPA went to a Podunk University. The school was really only known nationally for two thing...Being a good teachers college and graduating CPAs who pass their state...
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    I need to lose $5000. (long term capital gains) in order to make over $20,000. Obamacare...

    My old CPA passed it the first time...Smartest CPA in the city (went to Cal Berkeley). He charges about $1,500. for the same return...Who would you rather have?? If I know my business, my current CPA is fine. If I were 80 years old or a widow (er) I would go with the best CPA.
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    I need to lose $5000. (long term capital gains) in order to make over $20,000. Obamacare...

    Concerning the ACA...My wife and I make (save) a ton of money every year from the subsidy. It is worth the tax planning. We save this money on the backs of younger healthier people...Just the way they made it. Concerning my CPA, when I interview new CPAs (I've had 3 over 40 years), I ask them...
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    I need to lose $5000. (long term capital gains) in order to make over $20,000. Obamacare...

    If you could save (make) maybe $25,000. in 2019 by not working hard would you do it?? Give me an incentive and I'll take it...I'll run with it. It reminds me of Sweden or the old USSR. I don't make the laws...Just try and find my best angle out there. People hide their assets all the time...
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    I need to lose $5000. (long term capital gains) in order to make over $20,000. Obamacare...

    You are right on long term vs short term. I was going to call my CPA (after a few days vacation that he probably took), and line up long term vs short term. The subsidy for my wife's and my policy is $1,952. per month!! The subsidy becomes less and less as you get toward the cut off amount...
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    I need to lose $5000. (long term capital gains) in order to make over $20,000. Obamacare...

    Yes!! Or match up my gains with my losses so they zero out...
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    I need to lose $5000. (long term capital gains) in order to make over $20,000. Obamacare...

    I could buy a put for some March 2019 Tesla stock?? Either make a killing or get killed!! I can't even buy 100 share of Apple in my trust account and do a covered call. They are sitting on so much money, you never know when they'll release it in the form of a dividend. This makes for strange...
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    I need to lose $5000. (long term capital gains) in order to make over $20,000. Obamacare...

    I've been in business for over 40 years (farm, rentals, stocks). In years I had large gains from the farm, I would buy chemicals or equipment to offset some of the gains (tax wise). Also I would try to work to match my gains with losses on the stocks if I could. And I (and many of you) would...
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    They still have market makers?! What does it take?

    When I read this (fat fingers), my mind went to this story about a thread of code... A man appears to have deleted his entire company with one mistaken piece of code. By accidentally telling his computer to delete everything in his servers, hosting provider Marco Marsala has seemingly removed...
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