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  1. bone

    Pre-Marital Trading Accounts. No money ever entered from marriage. 50/50 in divorce or not?

    OP's question is: "In Divorce, will those accounts remain the 100% owner of the person who was trading pre-marriage with the pre-marital money?" And the answer is: only the amount of equity that was in those trading accounts prior to the date of the marriage license is 100% the separate...
  2. bone

    Pre-Marital Trading Accounts. No money ever entered from marriage. 50/50 in divorce or not?

    I would argue that at present in the current family court environment in the United States men have no incentive to get married. The family court system in the US is so adversarial by design that an unmarried single father probably has more rights than a divorced father has in his Joint...
  3. bone

    Pre-Marital Trading Accounts. No money ever entered from marriage. 50/50 in divorce or not?

    Your point and your link are pointless to the OP, I'm afraid. Going by his original post it appears that he traded those accounts during the marriage. Any gains he made by trading during the marriage are joint property. But the equity in those trading accounts up to the amount that was there...
  4. bone

    Pre-Marital Trading Accounts. No money ever entered from marriage. 50/50 in divorce or not?

    Ummm, I've been through this, have you? This exact thing. And paid a shit ton of attorneys fees to find out. Unless you have a separate family trust structure that was set up prior to your marriage, or unless you have a pre-nuptial agreement in place - any capital gains you make during your...
  5. bone

    Pre-Marital Trading Accounts. No money ever entered from marriage. 50/50 in divorce or not?

    Good luck with that. No way. Not unless you have some sort of preexisting (prior to marriage) family trust structure. For example, both your 401K contributions during the marriage and the gains on those contributions, even though "passive" during the marriage are community property subject...
  6. bone

    All Prop Firms, in 2020 are just scams?

    The futures prop firms have a completely different business model than the equity prop firms. A futures prop firm registered with the CME is required to only risk the firm's capital, not the trader's capital. They will also have to pay you on a W-2 as an employee. Examples are DRW...
  7. bone

    Pre-Marital Trading Accounts. No money ever entered from marriage. 50/50 in divorce or not?

    No, from what I've seen those soon-to-be-ex spouses are just as bitter and vengeful as the others. Only they have more resources to hire experts like forensic accountants and private investigators. Cougars require much cash flow. It's expensive servicing that young D.
  8. bone

    Pre-Marital Trading Accounts. No money ever entered from marriage. 50/50 in divorce or not?

    Yes, from experience I can verify. Same holds true for 401K programs. And it does not matter if the spouse is working or not. None.
  9. bone

    Pre-Marital Trading Accounts. No money ever entered from marriage. 50/50 in divorce or not?

    I went through this. Generally, the balance as of the time of your marriage is your separate property, but the remainder is marital money that will get split (usually 50/50, does not matter in the least if she works or not).
  10. bone

    Minneapolis Federal Reserve Bank boss Neel Kashkari: ‘Hard’ shutdown can save economy

    I take your point about what a "hard shut down" is here in the US. That's why I put the term "locked down" in quotation marks in the post you cited, as it is not a legit lock down in the literal sense of the term.
  11. bone

    Minneapolis Federal Reserve Bank boss Neel Kashkari: ‘Hard’ shutdown can save economy

    Mr. Kashkari is a bit out of his element here. California has remained "locked down" and their July case trend looks very similar to Texas.
  12. bone

    Hydroxycloroquine is Back

    1 in 3 US Adults already do - it’s a virus called Herpes Zoster or Shingles.
  13. bone

    Hydroxycloroquine is Back

    Vaccine requirements have withstood many Court challenges in the US. There are some restricted religious exemptions but States have been aggressively limiting exemptions for the past decade or so - ever since there were local measles and whooping cough breakouts. At present, if you want your...
  14. bone

    Hydroxycloroquine is Back

    Employers, schools, and States will make a vaccine mandatory if it’s proven. What people tell some pollster on the street and what people actually do in a time of medical crisis are two different things.
  15. bone

    Hydroxycloroquine is Back

    That’s what Japan has approved. The US in late June bought most of the World’s supply of Remdesivir.
  16. bone

    Hydroxycloroquine is Back

    If you’re sick with COVID and multiple MD’s on staff tell you that they’ve had good results with HCQ or Remdesivir or XYZ helping speed recovery and they recommend it in your circumstance- I suspect that any of us would dispense with the political bias and take their advice.
  17. bone

    U.S. GDP

    The Bureau of Economic Analysis states growth at annualized rates. In other words - it exaggerates changes. The annualized real GDP drop of 32.9 percent for the second quarter amounts to a quarterly drop of about 9.5 percent. Is it bad? Horrific. Why did the S&P come off only 12 points...
  18. bone

    (Poll) Those who make more than USD 100k p.a. trading, how much trading capital did you start with ?

    Compared to what - scalping 100 shares of SPY? It’s all relative and scalable, and that’s why this thread is for all practical purposes useless.
  19. bone

    (Poll) Those who make more than USD 100k p.a. trading, how much trading capital did you start with ?

    I ask because that skill is capital in this business.
  20. bone

    (Poll) Those who make more than USD 100k p.a. trading, how much trading capital did you start with ?

    Do you have any serious programming skills?
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