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I started trading and I ended up with 2500+ transactions, and I am struggling with getting it into Schedule D. Too many wash sales. I finally am getting close to finishing off this on my own in excel, but the probability of me making an error are high. The tax guys will want 100s of...

That is 8MM, one would think that this money is better spent on executive bonus. sarcasm intended.

depends on how good you are in academics. If you are good, take classes in county college for cheap, transfer credits to a decent undergrad school, work hard, take a lot of maths classes, and complete a bachelor degree in math or economics or finance or computing, whatever works for you...

I am going to make a bold prediction and I will not be wrong. Oil will continue to trade somewhere between 20 and 200 in 2009. I have 99% confidence in my prediction. My prediction is as worthy as anyone else in the world, basically useless.

Traders are into trading for big money. Most traders can very easily make 75K to 150K after say 10 years working a corporate job. I am convinced that trading for most is a losing game. People who consistently make money at trading in bull and bear markets have an edge and that edge comes...

This is simple really. Simulate this in the house. Let there be the whole family take part in this, say about 10 people. They will all start with say 1000 dollars funny money. They will trade with each other which is nothing more than the zero sum game and each of the players will give 1...

yes, i do not know of anyone who makes that kind of money, as in the minimum. I made the minimum in college working part time for an instructor to grade some papers. Other than that, I have never met anyone who makes the minimum.

Now here is my story. My dentists have been drilling my teeth for years with some deep cleaning and charging the insurance company big money. My dentist again this year showed me the X-rays of my teeth and tried to scare me and do another deep cleaning for $1600, insurance would cover 80%...

We all want to make more money. One of my cousins is a doctor, and he used to make 5K a day. That was not enough and he wanted to make more and gave up medicine and got into some kind of casino thing. Doctors will always make at least 150K no matter how stupid they are or what they...

Inflation is here? May be. But where is the money flowing from? There is no credit. There are no bonuses. There are no raises, there are no sign on bonuses, there are fewer and fewer jobs. I do not know of any other source of money available to common man. Even if houses in some...

My problem is that I cannot see the next big thing where the jobs are. In 1980-1990s, we had the technology, and in the 2000s we had the consumer, the housing, finance and the digital conversion. Technology has more or less peaked. Except for some green jobs, I see no growth, which is very...

Things are so bad that George W administration has started to look better than this. Things just look and seem very bad now, I have never felt like this in decades. Is Obama talking to any of his University of Chicago economists buddies? It does not seem like that he is.

Sold off my FXI last week. China does not know how to consume what they produce. They are happy to produce, work hard, save and buy some IOY (US Treasuries with those savings). They would be better off by consuming what they produce rather than keep shipping to US. China and Indian equity...

I expected better from ET than from Yahoo message board. Posts on this fool Cramer on ET disappoint me. He is an entertainer and not to be taken seriously.

You really think that the rest of the world is all that great. Europe has as many problems as US. Some of the European countries have even more debt as % of GDP than US. India seems like a great economy, but few know that there is a real estate bubble there for decades, that never really...

You have a point. But, 2-3% is not enough for the CC Companies. They want 20% rate of interest plus the processing fee. They are willing to lose some of the money as bad debt, but this 22-23% is a lot of money and far outweighs the good guys that earn them 2%.

we can all be top traders if people are willing to forgive say 4 billion dollars once in a while, and give more money to trade and if we make a buck, we get to keep a piece of it.

Yes, the guy who mows my lawn sometimes lives in the same sub division as mine, I always thought that was funny and sad for me, now I know how they do it.

very well said and I have always believed in this thesis myself, but thanks to your post, I verified it, and the return in both the Dow and the Nasdaq over the last 10 years is 0% if you had made equal payments each month. Now that really sucks. Go run the #s yourself. emerging markets are...

they seem to have done better than the equities us at least and they can go to sleep in the night.