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It is interesting to hear it. How often FS pull out your PnL, such as once every day at 5PM? Furthermore, do you use IB API, for easy and better connection to IB?

Good to hear. Please note that long-term annual 20% outperformance over market is impossible. It is since one with annual 20% takes all the money over the 400 years for capitalism history. Buffet and Gates should be wiped out now if there is one with annual 20% over the last 400 years...

Of course I spent some time in IB-website. But I feel not enough. Appreciated if you show me any explaining link (URL) in IB, to help me in the future.

So, with the dollar, IB convert USD to EUR with 1% of exchange cut? If I have EUR in other place, can I transfer it to IB, for saving the cut? So, still $1 per 100 shares, as in US stocks? In C), probably French market know IB as shareholder, instead of my real name.

Of course, it is an issue. Suppose one need expense of 30K per year, he should have payroll income or other source of income. If anyone with no working job have a trading logic of annual 20% profit, then his seed of 150K is for supporting his living expense of 30K every year, and the rest...

Dear- As usual, I do have IB account with US dollar for trading in NYSE, with satisfied paying commission for one dollar each time. Now, for the trading Europe stock as in https://individuals.interactivebrokers.com/en/index.php?f=1323. A) In the US based IB account, do I need to prepare euro...

On the other hand, it depend on his situation A) If his age is 30 and confident to live until 80, for the next 50 years With seed of 100K and annual 20%, it will grow to 100*1.2^50 = 910043.8 = 910M. B) if his age is 50 and expect to live 20 more years. With seed of 100K and annual 20%, it...

At the link http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates you can see the highest tax bracket in US, as 55.9% (max of federal+state+local) 10%-39.6% (federal)[122] + 0%-13.3% (state)[123] + 0%-3% (local) and UK 45%+Sweden 57%+Norway 47% + Dutch 52% + Finland + Japan + Canada +...

In some sense, better to pay CapGainTax 5% than nothing, since he can show his tax record as official gov-stamped paper, in the future to other country. No CapGainTax means no gov-stamped paper, isn't it? Followed by hypothetical example above, let us assume that we have a seed of $100K and...

Since my info is based on 10 min quick search in internet, [nobody] might have better idea than me. Possibly Monaco has huge real estate tax (with no income tax) so that rent is unbelievably high. Monaco map shows me that you can walk within an hour, for the entire country trip. Probably...

AT the Monaco apartment finder link at http://www.pirasimmobilier.com/en/fiches/13869-studio flat in annonciade mixte use.html Flat with roughly 40 square meter is about 2500 euros so that three month of min staying costs less than US$10K. Compare this $10K with your yearly CapGain and...

Please note that US max rate is "55.9% (max of federal+state+local) 10%-39.6% (federal)[122] + 0%-13.3% (state)[123] + 0%-3% (local)" For Corporate, "15%-39% (federal)[120] + 0%-12% (state)[121] + 0%-3% (local)" For Sales VAT, "0%-11.725% (state and local)"

Here are countries <=10%. 1) Andorra 2) Bahrain 3) Bahamas 4) Brunei 5) Guatemala 6) Kuwait 7) Macedonia 8) Mongolia 9) Oman 10) Paraguay 11) Qatar 12) UAE

There will be minimum of setup charge (by government) with min capital, in each country. For example, if you have 1000K total, then one LLC with 100K in each 10 countries so that low tax is paid.

Roughly about 30 countries, which ask less than 20% of max income tax / in the link above

Tax rate comparison in Wiki / http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates 1) Estonia 20%fixed 2) Latvia 24% flat 3) Romania 16% to 33%

Maybe you are talking about http://en.wikipedia.org/wiki/Sovereignty

Probably, someone already had a similar issue before like us, e.g. http://www2.deloitte.com/global/en/services/tax.html?icid=bottom_tax For comparison of income(CapGainTax) tax rates for each country, this consulting is helpful to SportsStar (soccer) with huge income.

This is similar to the following situation. If CA sales tax rate is 10% and Delaware is zero percent, this means that CA governor are everyday saying "Please move to Delaware anytime on your own choice. Stay here if you wish to pay the sales tax of 10%"

There might be a better place than Monaco, among >100 countries in the world. Instead of 40% tax rate (like in 1040 highest bracket), possibly country with 20% tax rate might be a second choice, if the country provides safe living condition. Following the above example, suppose we have seed of...