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    Luxury home mortgages are more troubled than subprime ones?

    My wife's ex-boss bought for $1.1M. Price went up to about $1.2M, neighbor can't sell at $500k. Virtually identical house. Edit: And...ummm...can't afford the mortgage no mo cause binnes ain't been so good.
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    If harsh climate seasons continue many people will migrate within the US?

    Hippie, you got an xtra room? I'll bring the beer :D
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    Weekly Poll: Market at New Highs after Egypt Ignored. Where To Next?

    With the money the Fed is pumping into the system, and the possibility of QEIII, there is no risk. Buy every freaking dip that is offered, <b>if</b> one is offered.
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    Why do Americans go to expensive lib art schools?

    The demand for such graduates is also dropping seeing as the US is now competing with India in these fields, among others. That may be an additional reason for the drop in grads from these disciplines.
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    Why do Americans go to expensive lib art schools?

    A degree from a pricey school in woman's studies is worthless on it's own but if a student intended to enter law school and practice on women's civil rights then the degree has tremendous worth but in your example this obviously is not the case. I think many students go to school to appease...
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    is this a great country or what...

    One thing you do have is a good sense of humor. I actually find that an important character trait on the quest for trading success.
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    is this a great country or what...

    To be honest I didn't recall posting that on 5/8. I'll chalk that one up to old age :(
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    is this a great country or what...

    I kinda figured that Atticus but I didn't want to read through 35 pages of posts to discover whether the topic had been covered or not. Sometimes there is no harm in redundancy.
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    is this a great country or what...

    And this is where you are displaying your immaturity. The path to success trading is based on personal and moral growth. You have a long way to go. Why didn't you post on your opening comment that this was a demo account? I suspect you wanted people to think it was real, as many did.
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    is this a great country or what...

    For the record, I'm a brilliant, huge trader when I trade a demo account. I turned a hypothetical $1M into $2M in a month a number of years ago. There is a monumental difference between trading fake cash and real cash. Trading in demo is akin to playing a video game where you can hit the...
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    is this a great country or what...

    This is a demo account. In the bottom right hand corner it says "jerry_Trader." In a real account your account number goes in there. Busted!
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    Egypt will blow up did you see brian williams face he is in shock..

    That's the biggest fear. The country could turn into another Iraq or Afghan-type country. The markets don't particularly care at the moment. Up, up, and away we go.
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    JP Morgan at Center of Madoff Fraud??????

    Seeing as the Big Banks are buying the smaller banks Americans will soon have no choice but to do business with the likes of JPM, BAC, and such. The mom and pop banks are going to be a thing of the past, unfortunately. Consolidation in the banking industry is definitely detrimental to the...
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    How to Protect Your Income from Taxation?

    The grey or dark areas of the US Tax Code are the most fruitful part of the Code. These are the sections you want to be operating in. Make your business as complicated as possible so even the appeals division of the IRS can't understand it. You'll get some very favorable rulings if you can...
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    why fighting deflation is a waste of money

    And THAT! Is the thing The Ben Bernank wants. The banking system is getting flithy rich with rates at 0% and inflation at 10%.
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    why fighting deflation is a waste of money

    Slow, protracted deflation is not necessarily a bad thing because societies can adjust to such an event but if the Fed removed all the stimulus it has thrown into the US economy the deflation we would experience would be sudden and severe and it would be called an economic collapse. So even if...
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    What qualification to manage money?

    What I posted previously is about all you need. You can either open a friends and family account with IB or you can go the CPO route, which requires a Private Placement Memorandum, an Operating Agreement, and a Subscription Agreement. These have to be submitted to each investor, your broker...
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    how much commission do I charge?

    Industry standard is 20% of profits and generally a 2% management fee of total assets.
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    What qualification to manage money?

    Should have read, "...from registering with the <b>NFA</b> you are..."
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    What qualification to manage money?

    If you are managing less than $400,000 and for less than 15 investors you do not need the Series 3 as you will qualify for a small pool exemption under CFTC Reg §4.13(a)(2). Even though you are exempt from registering with the CFTC you are required to file your exemption with the NFA -- go...
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