49,started trading 6 years ago,succesfull for the last 3 years,Manchester, England.
Quote from bastiat8:
Perhaps, a new thread would be more appropriate, however, since this one got sufficient interest I will pose the question here.
For those of you who travel often, more specifically oversees and who still trade/daytrade the U.S. equities markets:
1) In what countries have you had the experience to trade from (U.S. markets)?
2) What kind of internet connection were you able to obtain in those countries?
3) Have you had any particular issues with the speed and the reliability of the connection?
Thanks!
Quote from fatrat:
I definitely think this should be posted as a new thread. I really want to reduce my cost of living in the US so I can spend more time perfecting trading without worrying about having to get side software contracts to cover the month's bills.
Save for NYC, Tokyo, and San Francisco.Quote from bastiat8:
Fatrat, the cost of living in the DR or the Carribean is not all that much lower than the U.S., if you expect the same kind of life style that you are used to over here... Although, hired help is quite cheap, i.e. you can have a maid for a couple of hundred dollars per month. Of course I have no idea what your C.O.L. is like here in the U.S... Also, taxes are always an issue...
There are plenty of places in the U.S. that are relatively inexpensive to live at, so bofere you decide to head oversees I would look into your options here... E.g. Texas... <---as far as I know there is no State tax on income... same in FL...
Quote from fatrat:
Man, I live in Los Angeles. Almost anywhere in the world is cheaper.Save for NYC, Tokyo, and San Francisco.
A 1 bedroom apartment in a reasonable area is $1200-$1500 a month. Where I live, there are 4-5 young people sharing 2 bedroom apartments just to save on rent. The alternative is to live in seedy and inconveniently arranged neighborhoods.
Funny you mention TX -- I'm looking at Austin, TX currently. Seems like they have condominiums under $90,000. If I eat a loss during a downswing in real estate on $90,000, I won't care. If I eat a downswing on $500,000 in California, I will definitely care. California real estate forces people to be very highly leveraged, and that makes me uneasy given all the talk about housing bubbles and what not. Hence, the desire to leave.
As far as developing countries, ... I'm more intrigued by what it's like to live on a tropical island. If I made $50,000 a year on the markets but got to live in a tropical paradise as a common bozo, ... I'd consider myself a big winner.
Why are you leaving the US?
Quote from volente_00:
Austin is a nice place to live, well at least the suburbs of it.
My inlaws live in Roundrock NE of Austin and it is a pretty nice place. You also might want to check out Hutto which is NE of Austin. Housing right now is running about $100 a sq ft.
