That's not how you calculate NAV. You are assuming that the portfolio weight is proportional to the number of shares held by the fund, which is...
The only entity that makes sense for a trader is pass through (e.g. S corp or LLC). Paying any taxes at the corporate level is probably a mistake....
Naturally, capital gains aren't subject to SE taxes. The situation here is using an entity to pay yourself a salary, intentionally converting...
I think the first $15,000 contributed to a mini or solo 401k makes a lot of sense. You can contribute $1 for every $1 of SE income. Tax-free...
Reminds me of a story my high school chemistry teacher told. I have no idea whether this is true or not. He claimed that he lined up a source...
Saw him on the Daily Show. Pantano seemed extraordinarily well spoken and composed. He's a better talker than the vast majority of the guests on...
Totally. Damn tree huggers made such a big deal about the ozone layer. Getting rid of CFCs crippled the US economy in the 90s. And look where we...
Wrong, wrong, wrong. This is all on IB's web site, explained in painfully complete detail....
Statisticians are nothing but mathematicians broken down by age and sex. Martin
If your broker charges you interest on a short position, get a new broker. Short proceeds are a credit, not a debit. Who charges interest on a...
Great thread. Missed it earlier. Lots of good wisdom. Great post hapaboy. And btw, congrats sulli. The only thing I have to add is that knowing...
Lay and Skilling actively encouraged their employees to put all their retirement money in Enron stock. It was recorded on video tape. You can...
You're right, if Enron hadn't hired them, or acquired their employer, those people would never have gotten another paycheck in their life. Lucky...
No wonder you're all so bilious. Martin
No, there isn't. Not by any meaningful standard of comparison. Have you ever even <i>been</i> to the third world? I, for one, am happy to...
WTF are you talking about TGregg? You've gone off the deep end. Martin
<i>They pointed out that our galaxy probably contains a whole lot more than a few hundred Earth oceans. Multiplying the age of the Milky Way times...
<i>Bush, Rush, Ann...liberals seem to have a deep-seated need to have someone to hate.</i> That's true, liberals do have a monopoly on hate....
Yes, you have confused my model with someone else's. Martin
I made a top line estimate based on the information given. If you want to come up with a discounted present value model including property and...
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