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I am not sure, but in Wyoming, there might be NO state income tax. I wonder if there IS FEDERAL INCOME TAX, same as other US citizen, isn't it? My guess is that Wyoming want many people to move there. Lowering tax make him to come there. There might be other states where there is NO STATE...

I more than agree this. In the long-term like 40 years, most SHOULD pay a lot of tax. At least 20% of capital gain, and also trading(brokerage+trading tax) In many case, over 40 years, tax rate(=tax/(profit before tax)) can be as MUCH as 100%. Someone whose tax rate of 50% can be OK. Even...

For the saxo bank, it seems higher commission than US http://www.saxobank.com/prices/stocks/commissions For example, suppose we trade ONLY one buy and one sell everyday, it is huge amount in 240days(1year). If with 10K as seed, how much is the commission in 240 days?

BTW, What is FTT?

You do NOT HAVE to trade ONLY those two. It is crucial where you pay tax. What I am saying is at least those two has NO CapGainTax. If there is other than the two, please tell me. Of course, if you live there, you can trade many stocks in many other countries.

There are CapGainTax-free countries, for example, HongKong and South Korea, at least. But there is trading tax, as soon as you buy or sell, in addition to brokerage. Usually it is 0.3% tax rate so that with initial cash of 10K, for example, you should pay 240*$3 to GOVERNMENT per year, if...

Cool. Especially is VERY IMPORTANT. Do not depend on the national pension, as you see the bad case in Greece. I am happy to see same person who save retirement ON MY OWN. The same is true for myself too. IMHO Stock market is good for this OWN RETIREMENT.

It might be possible, although I never been in the two countries before, that Norway has hugh sales tax so that the tax is accumulated for your old retirement. Therefore you may not be losing in the long run. What I was asking was / How much brokerage/tax for trading sucurity/future in two...

[pasternak] It will be helpful in this forum, if you can compare the tax system (difference) for the two countries. Specially security tax.

I agree that, since capitalisim is a kind of zero-sum game, the amount from lowering tax is exactly same as your increased income (disposable income after tax).

Yes roughly linear, proportional to the number of rows(observation number) However, in many case, if we increase the number of column (variable), then it may not be linear. Anyway, it does'n matter whether it takes 2 hour or(to) 8 hours. It is important to make it about 8 hours so that we...

Did you mean that, to maintain roughly 4000K, he should pay $125 everyday, which is 240*125=30000=30K every year? So the rate is 30/4000=0.75%. How abut tell IB that "I buy ONLY cash, with NO margin so that I do NOT need to pay the risk. So I am leaving IB any more"

If it is worth to sell, someone pay for it. But if you not a VERY GOOD trade, then no one pay for your trading price, which is true for most losing traders ( at least 95%)

For the "you would pay the cap gain tax, if any, to the South Korean government", of course I aware no trading tax and annual FIXED capital tax 22% to Korean IRS, if I trade US stock using US brokerage. If IB offers Korean equity trading such as SamSungElectronics, I will be glad to open...

By "Belgian resident", what do you mean? I do NOT think they require Belgian citizenship. But they may ask Driver License or Rental agreeement or utility bill, in the sense that those who want to make capital gain in Belgium, he should pay residing expense (monthly rent). / Of course, if he...

This is a good time for me to introduce myself briefly. I have S. Korea passport who resides in US before for ten years. So with a valid Social Security Number and Drive License, I was able to open an account in Etrade few months ago and hold US equities now. Only online credit check was...

Of course only(?) HongKong and South Korea has NO capital gain tax in security market(equity and future/option). However, they charge trading tax plus brokerage, as much as 0.33% EVERYTIME. For example, if you have 100K as seed and trade ONLY ONCE every day, for one year(240 days) you pay...

Under the 32bit XP ( or Window7), there are many loops, such as 2000 days and 500 stocks, and it calculates many many statistics. If one change from 2000 to 4000 days, or 500 stocks to 1000 stocks, then total time changes from12H to 24H. But we better program for maximum 8 hours, since it is...

I forgot to say (I should add) to the OP 2) 1) For the 1000 by 500 matrix, it take at least 6 hours or overnight, to get result from the big matrix. So between 9:30 and 4, it cannot be run. Usually it runs every weekend (saturday night to Sunday morning while I am sleeping) Computer...