Search results

Oh I have plenty of "forex knowledge", but I appreciate your concern on that front. I've also got some math knowledge. It let's me know that if you invest $100 at 50:1 leverage you buy a $5,000 position and if it goes down more than 2% you're at $4,900 and you're liquidated. If you invest $100...

I think your second to last sentence assumes scale economies that I'm not sure are there. If you're investing a typical pension fund mix than $100M or $1B you're going to get pretty close to the same returns at the same cost and nothing stops smaller pensions from joining together to hire one...

Or people who rightly wonder why one would desperately search for a high leverage broker if the were never going to use high leverage. Oh, I see you said "improperly used" high leverage, so you must be one who does it in the "proper" way, with a hint of a British accent with afternoon tea? You...

You mean "Qualified Investor" I think? Angel investors are early stage startup investors and the lockup is "until you have a liquidity event" and the reporting is "show up at the board meeting because you're probably a director".

No, actually you can't. You have no idea if a surgeon was able to prolong a person's life by a year or cut it short by 10, you have no idea if the surgery they pulled off was incredibly difficult with a 1 in 100 chance of success or routine, and you sure as hell are in no position to suggest...

So you must be including farmers getting crop subsidies (39% of all farmers, $20B a year) and social security recipients? Because just 21.3% of the U.S. population get's means tested welfare (33%-21.3%=11.7%, so 11.7/23=.51 you just inflated the real number by 50%!). A total of 15.3% are on...

"The US is a welfare state." - WTF does that mean? Every civilization group greater than 1 person socializes costs, whether those are the costs of roads, defense, police, fire, care for children and the elderly.....it's what makes civilization civilization. If socializing cost is "a welfare...

I actually thought about saying something along the lines of "Calculate the combination that gives you the highest tax number and that will be your tax amount" but thought a more detailed explanation would be more helpful:)

I like that dig at their own client in the last 2 sentences!

My aren't you a fountainhead of gobbelygook today!

Actually he sounds more like a 14 year old of above average intelligence who just read Atlas Shrugged. If the internet had been around I'm pretty sure I would have penned something similar at that age after reading that book, much as I hate to admit it.

Glad you got that off your chest. Now move to Somalia where there's none of that government nonsense and you can live in freedom!

In 2016 is was 13.3B in annual profit, so it's pretty volatile, as one would expect. And keep in mind they're only selling 1.5% of the company. If you look at the politics inside the Kingdom there's a lot of signaling and other stuff going on that's probably driving this. That said, it's the...

I get it but I don't think you do. Your total income, including all capital gains long term or short, is used to determine which long term capital gains tax bracket your long term gains are taxed at. Your short term gains are simply taxed as ordinary income, so that part is easy. So if your...

The Kingdom is very publicly trying to diversify away from oil. They're using the money from the IPO to invest in massive solar farms, among other things, which should tell the rest of us something.

I think you may be missing the fact that your long term gains are counted in the total income number, so if all your income is from capital gains and your income is $1M you aren't going to pay $0 in tax, or even 15%!

I think the saying about them being able to stay irrational far longer than you or I can remain solvent applies here in spades!

In my experience it's the opposite, children of expats who are US citizens who never moved back to the US. But, they do have all the benefits of US citizenship. If you're also a French citizen, for example, and never plan to take advantage of any US programs, work in the US, or live there, then...

You have to register as a foreign corp and pay taxes using an apportionment factor based on sales with a throw out rule. Apportionment and throw out rules are pretty complicated, you really need a CPA to figure out your liability if you are new to the subject (sounds like you are). Without...

Where does the concept of deterrence fit in there? You have a poster immediately above yours who agrees that nobody paid taxes on their overseas income until this law passed. Again I'd love to see the source for this meme that the law costs more than it takes in. Since it can't be produced I'm...