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An LLC needs to pay corporate taxes, but there are no corporate taxes in BVI so a BVI company should not have to pay taxes. Is this correct? If the owner takes a salary or dividend from this company, then the salary and dividend is taxed. Is this correct? What is Obama talking about when...

If the trading gains are made by the BVI company, then when does the owner actually have income?

can someone explain the details more clearly?

What are the tax obligations under the following scenario: - trading entity is a BVI company - the BVI company is 100% owned by a U.S citizen - the U.S citizen does not reside in the United States 1) what are the tax obligations of the BVI Company? 2) what are the tax obligations of the...

could it have been this particular specialist firm that was showing such a low ROE?

uh why do you seem to assume that i was adversely affected by today's action? don't know if you know this or not but the market was here yesterday, last week, last month, and last year.

reits? mortgage companies? housing development companies?

shows why people say don't predict. first you have to predict the news correctly. even if you did that correctly, you still have to predict the market's response to the news correctly. today, the fed did not raise rates but the market is still going down. did anyone predict this in advance?

the article says you guys line up against the wall with a number on top of your head. when potential investors come in, you can't talk to them unless they approach you. is this how it worked?

how are you "seeing" the alterations? what are you looking at? guys, if you know, can you explain how the NAV gets reset? does "reset" simply mean changing the number so you show better performance? if yes, why would an auditor do this?

Make your call.

lol can anyone explain how this works? "All I needed was a fabulous track record, which, it turns out, could be arranged. A woman who had worked for a company that sets up hedge funds in the Caymans - Ms. Caymans, I'll call her - gave me this simple yet invaluable tip: Hire an auditor to...

opens lower than yesterday's close but trends up. anyone have stats on how often this happen?

i just drink water.

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this company sues on wednesday and guess what happens on thursday? the company announces an earnings restatement. kind of justifies the shorting then, don't you think? what the heck is wrong with these companies? same thing with overstock. they accuse hedge funds of collusion to short...

this thread illustrates why it's so hard to make a living trading with a small amount of capital. it's hard enough making consistent money, and when you finally do, what do you have? $100K a year. can you retire on that? did you prove all the naysayers wrong? plenty of jobs pay $100K per...

all traders say that. the famous ones and the not so famous ones. it's really common sense. nothing moves straight up and down, so you'll find that "cut you losses short and let your profits run" is easier said than done.

there are only 2 reasons. you can't afford to lose the money and you don't have a plan.

the guy is a walking encyclopedia but he has been very wrong in the past. i remember in 1995-1996 he had total conviction that the stock market is overvalued and everyone should buy treasuries. well he missed the entire internet boom. he has also been very right though. he was talking...