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On a humourous note - does "waterfront property" in Florida mean "be careful when you go into your backyard, gators may eat you"? :p

I'm personally planning to invest in an external drive at some point, but I think my backup methodology would actually be fairly simplistic - I would just copy the folders I need from my regular drive to my external backup drive, and cook a DVD once a month or so. If I lose a hard drive, it's...

Good points. There are many mortgage holders out there that likely have very close to zero extra money available to them at the end of each month. All it takes is a semi-serious illness or job loss, and it will be enough to put them over the edge. I think that some of the higher net worth...

One question I'm curious about - does this type of trading as a business just get reported as a sole proprietorship? I assume that you can just run your retail account under your own name, rather than incorporating?

This one is tricky, I plan on sitting down with an accountant once I reach the point of trading more frequently, trading options and/or trading futures. If you trade infrequently as a part-time thing, you will probably have no problem reporting your trading as capital gains for equities (that's...

Interesting, worked out to a little over $2200 Canadian intraday initial margin, and a little under $5 per point (in lumps of $25 or so due to the spread). Doesn't seem toooo bad to me. I'm going to keep this contract in mind when I eventually get into futures trading, trying to sort out the...

I find the current state of the American debt-holders (specifically foreign holders of US government debt) to be very interesting. If they stop buying the debt (or sell a huge amount of it), it could mean serious problems for the other holders of the debt. I kind of wonder if at some point...

Well, I'm in my mid-20s, so I haven't exactly missed out on all those years of appreciation, they probably wouldn't have approved me for a mortgage when I was, say, 10. :) The reason I feel we are close to a top is that many "serious investors" in real estate have become speculators, and by...

Higher interest rates mean lower supply of money (debt) to purchase homes, which means less demand for homes. Lower demand could likely mean lower prices, which leads us back to my original point that many families will likely end up with large negative net worths (even if their mortgage rates...

You are forgetting two important factors - rising interest rates, and debt. I think you are correct only if people owned their own property without any debt on it, because the reality is that many home owners have had to take on enormous mortgages in order to be able to afford their...

Basically they are trying to get college/uni students to trade as a part time job, I forget which city it is located in, but their first one is in Ontario, Canada.

The link does work, you need to copy it then open it with Windows Media Player. And yes, he did say 300. I thought the comment about expanding to Beverly Hills was kind of funny, something along the lines of "there's lots of disposable wealth there."

Yikes. Important question is - how much of that do you really need?

Well, at least it's a start. After years of holding the line at very high commissions amounts, it's nice to see that prices are beginning to trend downwards. I wonder if any of this has to do with fear of IB Canada?

http://www.forbes.com/business/2005/11/01/oil-prices-1861-today-real-vs-nominal_flash.html

I agree that it's nice to see that Canadian brokers are finally starting to become a bit more competitive. I currently have a small retail account with a Canadian broker (won't say which), and I frankly get raped by commissions. First thing that I will do once I get serious about this (and have...

I suppose that could be true. I've been trading for about 1.5 years now with a very small retail account. I have the right ideas, but unfortunately commissions eat me alive. I guess that if I were to, say, pursue the prop route, I would already have some of the necessary discipline in place...

Well, I kind of disagree. You are right - with leverage comes added risk. As for myself, I'm working towards trading a bit more seriously sometime during 2007, and I've been doing a great deal of thinking as to which route to pursue (trading stocks with own money, trading retail account with...

Nice! Do you have any more of these types of articles?

Let me put it to you this way. Yes, you are correct that at some point you generally speaking need to buy a property if you plan on owning your own home. Yes, it is likely very, very difficult to time the market. But the thing you need to remember is that the number of potentially distressed...