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    Almost all peple saying the best of profit from shorting is just 100%

    Factor in short interest rates as well, can be huge for hard to borrow stocks, which most stocks on their way to zero happen to be.
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    Air China suspends NK flights. How NK's destruction will affect the markets?

    Seoul gets destroyed by the first round of the literally hundreds of thousands of conventional artillery aimed at it 24/7 regardless of what happens afterward. Anything short of an internal coup means unthinkable loss of life and destruction which will take years for ROK to recover from.
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    Anyone knows why usa residents can't open forex account in hotforex or other brokers?

    Everyone offering stock and commodity brokerage service in the US seems to be able to handle this requirement without a problem, don't see why forex providers should get a free pass.
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    Software Engineer: $7,000 a year in China, $8,400 in India... $90,000 in U.S.

    Having experienced military housing, not getting to choose your house and where you live is a big deal, so that may be taking it a bit far. However that is the theory behind the Google and Apples of the world having free good food, coffee, gyms, child care, pet care, massages, medical...On...
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    Software Engineer: $7,000 a year in China, $8,400 in India... $90,000 in U.S.

    I do (let my devs mostly work from home). You've got an excellent point, I don't see why more managers don't see it.
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    Software Engineer: $7,000 a year in China, $8,400 in India... $90,000 in U.S.

    Well then all of us who work in this industry must have no brain! You make a huge assumption here, that a good programmer is an equally good manager and hand holder. That alone is very rare. Even if you do find that unicorn in a leprechaun forest, you're paying them to spend almost none of...
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    Software Engineer: $7,000 a year in China, $8,400 in India... $90,000 in U.S.

    You hit the nail on the head with this, couldn't have said it better myself with my experience on the management side of this exactly matching your experience.
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    Software Engineer: $7,000 a year in China, $8,400 in India... $90,000 in U.S.

    Yes, pretty much. You did hit on part of it, a big chunk of the software jobs are in the places where startups are, which is predominantly the Bay Area, NYC, Boston, and Austin, so location alone is a big driver. Keep in mind a decent nanny in the Bay Area makes $75K. Regardless of anecdotal...
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    Software Engineer: $7,000 a year in China, $8,400 in India... $90,000 in U.S.

    Actually that's right in line for a grad from a top 20 CS program working in SF/Silicon Valley, Boston, Austin, or NYC which is where the majority of those jobs are. As we've discussed on other threads, until you've lived in NYC or SF you really have no concept of how little $90K is there.
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    Software Engineer: $7,000 a year in China, $8,400 in India... $90,000 in U.S.

    Ever work with a software team from one of those places? Even a small project and you'll understand. Software dev isn't a linear process with lego block employees you plug in. It's not only possible but common for your top dev to be 20 or 30x more productive than your bottom one, and in fact...
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    Want to see how America is changing? Property taxes hold the answer

    Such a well reasoned and intelligent reply. Listen, it's great to throw out ideas and think through the actual implications of those ideas. You asked a specific question and I provided a specific, quantitative answer. Sorry if you didn't like the reality of that answer, but as I guess your...
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    Want to see how America is changing? Property taxes hold the answer

    Tuition is $10,000 a year at the least expensive parochial schools in my area, up to $30,000 a year for a good private school. So in K-12 you're going to rack up $130,000 in debt at the age of 18, if you're unfortunate enough to be born to the wrong family. Then you've got that whole time value...
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    does it EVER make sense to buy and hold a 3X bull ETF ?

    You're right. I get carried away sometimes and I'm clearly slower than most to realize I'm trying to reason with the human equivalent of a chat bot!
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    does it EVER make sense to buy and hold a 3X bull ETF ?

    Let's be clear here because even reading charts seems to be challenging to you. I showed you a chart where the price of gold went up 3%, the 3X fund went down 7%. At this point it's clear you don't understand futures either (you do know that futures matches spot on the day of expiration, don't...
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    does it EVER make sense to buy and hold a 3X bull ETF ?

    Here's gold and it's 3x and inverse 3x for the last year Here's silver and it's 3x and inverse 3x ETFs for the last year Here's oil and it's 3x and inverse 3x funds YTD (they started trading more recently) Do I need to go on? Can you present some examples of where the leveraged funds reflect...
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    does it EVER make sense to buy and hold a 3X bull ETF ?

    Try looking at XLE (the 1x etc) vs ERY and ERX, the 3x up and down off the same index for 2011 to 2015. The index went up 19%, the 3x bull went down 10% and the bear went down 80%. In fact over a long (hold) period it would be very unusual for a leveraged ETF to show the returns equal to...
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    does it EVER make sense to buy and hold a 3X bull ETF ?

    No it isn't!!! It's very possible for a 3x futures position to go up 10% and a 3x leverage silver ETF to go down 5% in that same period. Or go up 15%. It all depends on the daily path the commodity took to reach that price. Nothing to do with roll or management fees or "decay", it's all path...
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    does it EVER make sense to buy and hold a 3X bull ETF ?

    Exactly. Your posts imply they are equivalent to futures for a "hold" scenario when that couldn't be further from the truth. You may or may not understand how they work, but at this point your posts are just spreading confusion and misinformation, that's all of our collective points. If you want...
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    Want to see how America is changing? Property taxes hold the answer

    You started off by saying you shouldn't have to pay property tax to send other people's kids to school. Since property taxes pay for K-12 education, you were saying we should abolish K-12 public education. Kindergarten, 6 year old's. Focus, we're not talking about choosing easy college majors or...
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    Want to see how America is changing? Property taxes hold the answer

    Perhaps, although most people who are starving are in conflict zones so it's a logistics and safety problem, not a supply problem. Since Still Hungry in America was published in the 60s and a number of programs set up in response, any starvation in the U.S. is a failure of our programs, not the...
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