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Honestly I'm kind of jealous of the guy. I've always been pretty entrepreneurial and thought that I would find a way to be wealthy sooner or later. It hasn't happened yet and may never. I'm a simple person and would probably get bored of all the things money can buy. I would then want to find...

I read that his brother, who is part owner, is suing him for basically not considering the interest of the shareholders. Also a woman who was a top salesperson left because other less performing and less tenured people were making the same as her. I applaud the guy for what he did. I honestly...

With even Wal-Mart now deciding to pay $10 an hour (higher than any state minimum wage), I think businesses are starting to realize that higher employee pay is good for business. I sell cars. Sure somebody making a couple hundred thousand is good for me. They might buy 3 cars instead of the...

Why would you want somebody who makes a million in capital gains to be taxed at a lower rate than somebody working a job making $50k? If higher tax brackets discourage somebody to do something, then using your logic nobody would go to work. Why would someone pay 30% in taxes at a $50k job when...

There's no doubt that business owners don't get enough credit for the risks they take. Risk should equal reward. But here is what I don't get. I have a job and get paid from my employer but I also get paid a 1099 for the same job from another source. The 1099 makes up about 40% of my income. On...

You hate the Volt not because of what it is or what it does, you hate it for what it represents. You hate GM. You hate the greenies. You hate it because Obama likes it. The Volt did not fail, GM failed the Volt. The Leaf is a far inferior car yet is now selling better than the Volt because...

I don't sell Volt's, I sell Chevy's. Volt's are a small part.

If you build it they will come. When it comes to car sales, this is true. You can't sell scared.

Volt sales are down not because of lack of demand but because for now GM has essentially given up on it. Low gas prices hurt but there are still people willing to look at it. December is a big Volt month because people lock in the year end tax credit. My dealership had one the whole month. I...

Wow you have serious issues. Were you not loved as a child and now you have to take it out on people as the keyboard commando of ET? You obviously failed to read my original post where I stated they have .3 tick spreads AND an 8 cent commission. I never said FXCM is the cheapest, nor am I here...

Wow. Haters gonna hate. I guess it's not ET without a self righteous ego ruining what could be a decent conversation.

I actually opened a one micro lot short on the ruble the other day. They did close me out at 12PM. The close price was consistent with the crazy market and 50-100 tick spreads at the time. $75 loss or something like that, no big deal. It was something that I shouldn't have been trading. I've...

Since I actually sell cars, I think I know the market a little bit. It's pretty easy to get a car loan if your credit is at least OK and you have decent job history. But once you screw up, you're screwed for awhile. Young people are not buying fancy, expensive cars. They are buying simple...

I have traded with TOS for probably 10 years. I was always irked by the $15 option assignment fee (per strike). I wasn't assigned early too often but what I didn't like was if I sold let's say 20/15 put spread and at expiration it was at 13, I would like to just let them expire in the money and...

Found out yesterday after the close that I was again assigned early on Friday on 2 11/22 SDS puts. I didn't know it so they closed the positions for me and did me the favor of restricting my account for 90 days to closing transaction only. I am so done with MB trading. Worst trading experience...

SDS and QLD

I was wondering if anybody had any experience with MB trading with options? I could go on and on about how absolutely terrible their trading platform is. It's the absolute worst I've ever used. When I use it, I'm constantly thinking, isn't there anybody that tests this? I've somewhat gotten used...

That girl was on Shark Tank. It's always good to hear a story like that. But you can't use one story and ignore everything else. It's much harder to make it these days than it was 30 years ago. The standard of living may have gone up but the ease of wealth accumulation is not there anymore. I...

I think the author’s use of a guy covered in tattoos wasn’t a good choice to try to prove the point. I always find it funny when I see people like that or people who I would label as “perpetually broke”. They always complain that they don’t have any money but somehow always have money...

I have sold over 2000 items on eBay and Amazon over the past few years. I can say without a doubt the USPS is an extremely efficient and well run organization. I think in all that time I lost one package in the mail (I didn't use a tracking number, so who knows what happened). They are without a...