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    Best Country for Trading (Tax efficiency)

    Hey ... you've priced it out and you do not believe it has value. OK. I can buy that. I have lived in other parts of the world for brief periods of time -- six months in London (twice), Germany five months and numerous long trips (two months and better) to both the North and South of Italy...
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    Best Country for Trading (Tax efficiency)

    Obviously any government MIGHT impose taxes that are so draconian as to make it virtually impossible to prosper. In fact I remember when my partner and I were running a small investment firm in Switzerland in early '70s that foreigners that held demand deposits in SF's instead of receiving...
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    Bomb Explodes at JP Morgan Offices in Athens

    I am not suggesting you do not have the right to say what you have ... frankly, I just don't know if the first amendment covers this level of inflammatory speech or not. But, either way it is really foolish to speak this way about a fellow American that you disagree with. Candid, hardball...
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    Best Country for Trading (Tax efficiency)

    LOL ... Instead of addressing the fact that you have NO PLAN ... NONE ... only plans you say you don't recommend because they are illegal you put forth a sadly incomplete criticism of mine.. I would take a well diversified portfolio of copyrights that generate income over most investments I...
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    Best Country for Trading (Tax efficiency)

    I think I spelled out in reasonable detail the strategy that I think works to prosper. Prospering is the point not avoiding the problems associated with living in a declining empire.Empires peak and then decline ... it is a natural cycle. We rose very quickly and we are about to come down the...
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    Best Country for Trading (Tax efficiency)

    These are words to live by.
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    Best Country for Trading (Tax efficiency)

    Please do not misunderstand what I am saying. I think what is coming will be much worse than your description. When -- not if -- the major industrial nations lose their coveted AAA and AA credit ratings I believe we will see increasingly chaotic conditions. I think the September '08 through...
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    Best Country for Trading (Tax efficiency)

    The fact is there are a large number of venues where you can trade either tax free or virtually tax free. There are also corporate and other structures that exist to get to your goal. BUT NONE OF THESE VENUES OR STRUCTURES COPE WITH THE FACT THAT US CITIZENS ARE OBLIGED TO FOLLOW US TAX LAW...
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    Best Country for Trading (Tax efficiency)

    TZ has it all correct. Work toward sustained profitability (not 90 days of "good luck") and, once you have real confidence in your methodology look at a Roth IRA. A Roth has the risk of the government reneging on their commitment to not tax but at worst they will impose a levy (almost...
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    Who Trades These Markets?

    OP ... Since you could answer your own question in less than 10 minutes on Google, I think you need to expect some abuse. I have no interest in giving you any but at the same time I find it pretty hard to fault those who do.
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    Taxes: Can a Trader Relocate to tax-free locale?

    Joe, At one time Charlotte Amolie and all of St. Thomas were off limits as an R&R destination for US Naval servicemen because it was too dangerous. The casualty rate was too high.
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    Loners get easily suckered into daytrading?

    This imbecile has 3,100+ post and yet he writes as if he just wandered in. Unbelievable!
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    Online Poker Study: The More Hands You Win, the More Money You Lose

    dt ... Chip dumping is one of the most simplistic ways that groups take an edge. The concept is that if allowed (it clearly is not) a superior player would benefit from paying double or triple the entry price in order to get proportionally more chips. In the early stages a skilled player...
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    Online Poker Study: The More Hands You Win, the More Money You Lose

    Most novices go in to the flop with cards that are too weak to play and then are a bit too slow in letting go of the hand that they have "invested" in. The similarities with trading are direct and unmistakable. Both are easy games to play yet very difficult to win. After spending a great...
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    Taxes: Can a Trader Relocate to tax-free locale?

    The US is one of very few countries in the world that taxes foreign based earnings. It takes no imagination to understand that. This is not a creative writing or art appreciation website. Imagination not required in this area ... just reality.
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    Taxes: Can a Trader Relocate to tax-free locale?

    The US Virgins are real alternatives. The tax setup for those in that bracket is truly amazing. Although I have not been there in some years I spent a good deal of time on all three in the late 70's and they are simply not interesting places to live except for the weather/beach. I am a New...
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    Taxes: Can a Trader Relocate to tax-free locale?

    It is a bit worse than that. Controlled Foreign Corporations and other similar entities have the numbers "flow through" to the US citizen whether they are distributed or not. Being classified as one is a nightmar to be avoided AT ALL COST. There are some real tax advantages to be had by...
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    OK so I know 2 guys who are good traders

    These are my feelings. This story does not meet the smell test and if the OP thinks it does he needs to toughen up on his sense of reality. People can have unexpected things happen and good fortune turn into bad. Caeser beat a lot of very good generals who had the bad fortune to be up...
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    OK so I know 2 guys who are good traders

    My business experience is much more extensive than my trading experience. That said, my instinct is that this is one F _ _ _ ING strange way for two guys who have been even semi-successful in any industry to be shopped. Presumably they both have telephones. They should pick up the phones and...
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    New Japanese ballooning budget raises collaps fears

    Renegen, I think it is more accurate to say there is usually a spread between short and long term bonds. There have been times when those rates have been at approximate parity for short periods and even times when the yield curve "inverts" for a few months. Most "carry trades" are not...
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