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Second Babak's suggestion.

"Pitiful and embarrassing"? Rather arrogant to insult people because they argue for fairness and equity in the accounting system. Can you please enlighten us plebeians on why an expectation that auditors, CEOs, and brokerage houses follow the law is "pitiful"? And I apologize on behalf...

Nitro, I applaud your intentions here, but I have to side with Easy. I take it you've read "Reminiscences" - hyping, lying, and manipulation is as old as the markets. It's just a part of human nature to try to fleece your neighbor. On the other hand, if the situation gets so out of hand that...

Have you seen this site? http://www.escapeartist.com/global/investments.htm

Excellent point, JS.

Some very interesting posts here! To modify the famous Churchill quote: "America is the worst country on earth, until you consider the alternatives." I agree with the sentiment that US taxes are outrageous - especially when you consider the overall effective tax burden of federal, state...

Janko - that's a great question - one of the many dilemmas presented by the "new economy" I guess. There used to be some great tax message boards over at Yahoo, with a bunch of CPA's on there trying to out-do each other with obscure tax rules - you might find an answer there. Also, you...

JS - not to get too technical, but if you are a US citizen, you retain your citizenship forever (unless you renounce it), independent of where you reside. And all citizens are responsible for US income taxes on all worldwide income, regardless of residence or country of employment (subject...

Tony, Congratulations on your trade! Hope you're feeling better...

Est unusquisque faber ipsae suae fortunae. Every man is the artisan of his own fortune - Appius Claudius

Assiduus usus uni rei deditus et ingenium et artem saepe vincit. Constant practice devoted to one subject often outdoes both intelligence and skill - Cicero

C++, While I wish you the best, imo such a system is impossible. It may work for a while, even a long while, but there are always unanticipated/illogical/completely unpredictable events that cannot be incorporated into a system, and the market is just too fluid an entity to try to predict...

Tony, Thanks for your time and patience spent posting here. I have learned a lot from you both online and from your books. So far you've only earned $4 from me, but as soon as the idiots at the bookstore get your newest one in stock, you'll be $2 richer. :D fwiw, I think you...

wait a minute - the IRS whacks everyone with a social security tax. As far as I know, if you're employed, you and the employer share the tax, and if you're self-employed, you have to pay the whole thing yourself (somewhere near 13%). Why would it make any difference if you are a trader...

(just my $.02 - I'm not a lawyer) if you are trying to take in funds into an existing individual account, you're asking for trouble. As long as you're not advertising to the public, I don't see why such an arrangement would be illegal (you'd just be acting as an agent), but the IRS could...

JMC - [standard disclaimer - I'm not an accountant, this is not legal advice!] You can start by going straight to the source: the IRC, start with sec's 1211 and 1212 (skip straight to 1212(b)) at: http://www.fourmilab.ch/ustax/www/t26-A-1-P-II-1212.html I will try to explain it...

Dear Mr. Clown: I too would like to reiterate what TraderJim and AAA have said. I agree completely. You've taken all the criticism here pretty well, I have to say - I hope you get what we're trying to say. There are too many good boards, financial and otherwise, that have been destroyed...

Interestingly, I just registered on this site, primarily to respond to this clown, and I noticed this right on the registration screen: == Advertisements are strictly prohibited. You warrant that you will not solicit our members through your posts. == Seems to me, Mr. Bright, that you...