this is very relative to trading; just give me a moment to get there.
so about 5 years ago now i decided to put on the biggest trade of my life; marriage. imho the type of woman you date has a completely different criteria than the woman you marry. there were a couple of concerns i had going in about my prospective wife in terms of how we would really get along but decided to ignore them. let me just say this; that mantra"opposites attract" is a myth perpetuated by movies and television.
the sole reason and genesis for me specifically wanting to get married was to have children. i have been very blessed with a beautiful healthy baby boy and am thankful everyday. however we bat heads on certain issues with respect to our infant.
one of the big issues is that her dad is a heavy smoker. it drives me crazy, with all the scientific and medical data now out there with respect to third hand smoke and how bad this is for infants and they think its me who has a problem. my father-in-law is offended by my stance on him not smoking and physically interacting with my baby boy. its gotten now to the point of no return as my wife has taken his side along with her mom.
so here is where the trading part comes in now. naturally i have for the most part failed or broken even for many years prior. but of course, recently i go on the biggest run of my life (keep in mind i fully attribute this to QE & fed funds rate, etc. and take really not much credit and am very humbled by it all) BUT this run has all pretty much been with my wife's individual account and her money.
we live in an equitable distribution divorce state. and as i previously alluded to, the criteria or quality of women you marry is different; so one of the ways i hedged myself is the fact that my wife's salary is nearly 3X my salary. so in a worst case scenario i will not have to pay her any alimony.
regarding her brokerage account that i have been actively managing/trading on a daily basis- keep in mind, she is totally oblivious to the markets, i have made her just under $450K in approximately 5 years. so my question is in a worst case scenario, how would you proceed on that? i think a fair trade off would be not claiming any of that money even though i am entitled to 50%, in exchange for not paying child support. what seems reasonable on either side? would appreciate any input or especially anyone who has gone through similar circumstances.
thanks in advance.
so about 5 years ago now i decided to put on the biggest trade of my life; marriage. imho the type of woman you date has a completely different criteria than the woman you marry. there were a couple of concerns i had going in about my prospective wife in terms of how we would really get along but decided to ignore them. let me just say this; that mantra"opposites attract" is a myth perpetuated by movies and television.
the sole reason and genesis for me specifically wanting to get married was to have children. i have been very blessed with a beautiful healthy baby boy and am thankful everyday. however we bat heads on certain issues with respect to our infant.
one of the big issues is that her dad is a heavy smoker. it drives me crazy, with all the scientific and medical data now out there with respect to third hand smoke and how bad this is for infants and they think its me who has a problem. my father-in-law is offended by my stance on him not smoking and physically interacting with my baby boy. its gotten now to the point of no return as my wife has taken his side along with her mom.
so here is where the trading part comes in now. naturally i have for the most part failed or broken even for many years prior. but of course, recently i go on the biggest run of my life (keep in mind i fully attribute this to QE & fed funds rate, etc. and take really not much credit and am very humbled by it all) BUT this run has all pretty much been with my wife's individual account and her money.
we live in an equitable distribution divorce state. and as i previously alluded to, the criteria or quality of women you marry is different; so one of the ways i hedged myself is the fact that my wife's salary is nearly 3X my salary. so in a worst case scenario i will not have to pay her any alimony.
regarding her brokerage account that i have been actively managing/trading on a daily basis- keep in mind, she is totally oblivious to the markets, i have made her just under $450K in approximately 5 years. so my question is in a worst case scenario, how would you proceed on that? i think a fair trade off would be not claiming any of that money even though i am entitled to 50%, in exchange for not paying child support. what seems reasonable on either side? would appreciate any input or especially anyone who has gone through similar circumstances.
thanks in advance.