Businesses must have most of their income from outside PR. Most of the Act 60 ex-pats I have talked to are business owners, not traders. Insurance...
Yes I lived as a trader in CT for 12 years. My top tax rate under Obama was about 49% (8% state + 39.6% Fed + various high income surcharges)....
Generally, for traders, any long or short-term capital gains income, earned outside PR is not taxed. Any other income, such as dividends and...
The USA owned Puerto Rico as a simple territory for nearly 2 decades, then granted Puerto Ricans USA citizenship 2 weeks before entering World War...
None of us ex-pats are full-time residents of Puerto Rico. The deal is that you are supposed to spend 6 months a year in PR, and in return you pay...
I stand corrected. Still, with a net worth of $3.8 Billion, John Paulson is still impressive, but not the richest Puerto Rico resident.
Tell that to John Paulson, the billionaire hedge fund manager, ex-head of Goldman Sachs, ex-USA Treasury Secretary...
Tell that to the 10,000 millionaires and billionaires that have moved to Puerto Rico...
I live in a community of about 10,000 ex-pats who moved from the States to Puerto Rico because we like not having to pay taxes - neither to the...
Actually I am Puerto Rico resident. Neither the Democratic nor the Republican party exist here, we have no representation in Congress, and we...
I am on EliteTrader to get trading ideas. I only comment on things that have some resemblance to fact. I try to avoid speculation and name calling.
https://www.mitrade.com/insights/news/live-news/article-6-988746-20250726 According to a statement by a Japanese government official early...
Overnight trading on NYSE and NASDAQ stocks is now available from 8:00PM to 3:50AM, Sunday to Thursday nights.
If you are a US-citizen you have to pay taxes on earnings, regardless of where in the world you reside. If you are a non-US citizen residing in...
Not defending QQQP, but it did perform better than TQQQ for the past 6 months, which is very strange. Too bad QQQP doesn't have a longer history...
FYI, TradrETFs have QQQ and SPY leveraged ETFs that reset monthly or quarterly, vs the daily reset of other leveraged ETFs such as TQQQ...
Actually the losses can be more than 3x. For example if you have $100 in QQQ and it drops 10% one day, then goes up 10% the next day you would...
Since the combined total market cap of all USA stock exchanges today is $52 trillion, that would be quite a feat.
The last time Bitcoin (BTC) closed below $15,000 was on November 7, 2020. It is up 798% since then. On November 7, 2020 NVDA was $14.56; It is up...
Nice quote.
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