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I agree. As an FYI, I'm trading mostly index options and a little bit of FOPs.

It's actually a really good question that you'd probably want to talk to a professional like GreenTrader Tax about to see if there are any private letter rulings or other IRS guidance on the subject. There are a couple of ways you could do it, for example the most rational way would seem to...

For sure. My personal philosophy is that money is only a means to the end of me having the most enjoyable and fulfilling life possible. So if I chose to live in Switzerland it would be because I really wanted to live there regardless of the cost. In that way I'm the opposite of the guy's who are...

I couldn't agree more that Switzerland would be a great place to live. I even wouldn't mind living in Singapore or BVI. But I'm not a Trump Republican bemoaning what the U.S. will become when he and his brand of beliefs are repudiated. My point is that if you're "saying goodbye" to the U.S...

Presumably they would become one of the evil migrants they despise (except they have white skin so it's OK?) and revoke their U.S. citizenship and take citizenship of whatever country they choose and presume will allow them. Otherwise you're right, Puerto Rico and the USVI are really the only...

Those are interesting choices. I've spent some time in all three, I'm guessing you have not? Let's start with Singapore. It reads like your vision dream list of the "far left" in the U.S. Universal health care. One of the toughest gun control laws in the world, you get caned just for getting...

Which country would that be?

The inverse correlation between people who claim the Constitution gives them the right to..... and people who have actually read the Constitution is always stunning. I'll paste the 16th in it's entirety here so you don't even have to follow a link (you clearly couldn't be bothered to read the...

Well roughly half of America is also under 18 or over 65, so what was your point again? That those lazy bastard 3 year olds all need to get to work and pay taxes? 2012 just called, they want Romney for President's failed talking points back.

I will have absolutely zero problem with incentives to grow my business and make more money if my marginal rate goes from 37% to 40%. Not would it impact my incentives in any way if it went to 45% or 50% as it was in 1986. Heck in the 1950s, when the U.S. had some of its fastest growth, top...

I'll ask you for the third time, what have you done to say "goodbye" given how horrible you think the U.S. is going to become, and where exactly are you going "goodbye" to? That's the crux of the contradiction in everything you're saying, the fact that you clearly can't answer those questions...

What I find so interesting about these unhinged rants is not necessarily the conspiracy theory the person espouses but the stunning lack of internal consistency that demonstrates they themselves don't actually believe the conspiracy theory. If our friends @MrRenev and @Market_Diver actually...

When you say not supported you mean brokers won't do it for you or the concept doesn't work? I keep my funds in treasuries in my name at the broker and trade off them as collateral. My understanding is that in a bankruptcy situation I get those back on demand because they're actually in my name...

You just need to talk to someone like Green Trader who work with traders. Tax advice isn't a "best of 3 quotes" kind of thing, the tax law is the tax law, you just need to find someone who knows it.

So this doesn't even make sense. I mean at one point you're talking about Norway being run by "a labor woman" who "brought in feminism which is why Sweden women [sic] are the most raped in Europe and also why Sweden women are the ones that go the LEAST towards STEM fields and earn the least."...

A socialist country like Sweden, or Germany, or Norway? The horror. You'll have to move to a conservative utopia like Somalia where there's no pesky central government, no gun control, and the dominant religion get's to make the rules based on their interpretation of their holy book? What's the...

Green Trader has a page on that https://greentradertax.com/trader-tax-center/tax-treatment/section-1256-contracts/ It looks like according to him the only CBOE options on ETFs that qualify for 1256 are: CBOE-listed options on commodity ETF publicly traded partnerships CBOE-listed options on...

An MBA from the University of Phoenix may indeed not be worth a lot, although I would say that there are at least several hundred solid MBA programs in the U.S. and Canada that will deliver about the same level of basic finance, accounting, operations, econ, and marketing which are all helpful...

I never indicated my approval was necessary or even desired. I simply asked you a question as to what you hoped to accomplish with a juvenile answer that would clearly accomplish nothing except diminishing you and your position. A question that's apparently too difficult for you to answer.

You are amazingly effective.....at self identifying as someone barely to the middle school name calling stage of intellectual development. As I have to keep asking those of you who spit out this inanity, what exactly did you hope to accomplish with the whole "welfare space chimp" set of rants...