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Yep. New Zealand has no capital gains at the moment.:D but if you are an active trader your profits could be classed as income and taxed accordingly.

With his '$$$' he should seek professional advice before he even posts on a forum - a life coach could be in order :p

Everything is relative ftrade. Obviously you have a superiority complex - which in case you don't know what that means here is a definition for you: If you have '$$$' you shouldn't need to ask for advice on a forum. Go and have a chat to your financial advisor, your CTA, stockbroker...