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If I deposit funds into IB from my bank account in Bank A in Country A, can I withdraw the funds and request it to be credited into my bank account in Bank B in Country B? Both bank accounts are under my name.

A 2% return on his 250mil means annual income of 5mil. There is no point trading anymore especially when he is frugal.

That is why happiness is impermanent. Sooner or later, the optimal condition for happiness will deteriorate.

Happiness is when you are healthy mentally, physically and financially.

Everybody just post % gains, but in reference to what? Gaining 20% means nothing if we do not know the common denominator? Is it on account size? Do you add standby funds allocated for trading that is not in the trading account yet? I did. BTW, my returns for the year is 23% on allocated funds...

10 times commission for zero credit risk? Not for me. I want it to be cheap and I want it to be good as well. Otherwise, you might as well donate all the money to brokerage over the long run by overpaying commission.

Can somebody explain to me why wealthy people go to such an extent and take so much risk so they can get more?

I think you are freaking short and try to jinx the market down!

I find it odd that IB representative def only choose to answer certain questions and can post lengthy details to explain certain things which portrays their strength but choose to ignore other questions, presumably due to their inability to come out with a favourable answer? I have seen quite...

To me, at least, the first million is more important than the subsequent 99 millions.

That's what I was thinking too. How much is the value of the property to pay 50k tax per year?

May I know what taxes are these? The $50k a year tax, is that a tax on income or property?

Asking a noob question here. Corn, symbol ZC, has Last Trading Day: The business day prior to the 15th calendar day of the contract month. and Last Delivery Day: Second business day following the last trading day of the delivery month. My Question is: Take month of July, last...

Pickpocket is illegal. Trading and marketing are legal. If you ban marketing, how are companies supposed to market their products?

The very fact that these "useless" jobs exist means that they are indeed useful, for whatever reason - stability of government for example. You will not even know trading exists if there were no such jobs. The fact that they exist means they serve a purpose. Evolution. All jobs are real and play...

What kind of rental yield per annum?

Educating your wide to liquidate the account and go to cash is an option but still not a perfect solution. Not far fetch to think wife can go at the same time as husband like in car crash. Also, death might happen much much later that wife also "forgot" the whole process of what to do. I know my...

Not sure about this "transfer on death". Even so, the person whom you have transferred the positions should also know how to close those positions. For people totally alien to trading, it could be a daunting task. Shortie posted earlier that broker will liquidate all existing positions and go...

What will happen to trading accounts upon death? You may have drawn up a will but I think it might take at least a few months before the beneficiaries have rights to the accounts. In the mean time, what happens if you have huge exposure in futures market? How can those positions be liquidated...

If rental yield is 6-8% now, it should be a good buy, meaning prices should go back up. Even if it does not, it still gives positive cash flow monthly. In Asia, properties giving such returns have no chance to make it into the market. It will be gobbled up. maybe a crash is imminent in Asia...