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  1. pro

    How to Trade Credit Spreads

    INVESTING 
    A) That's not cheap if you look at the % percentage of your overall gains/losses that you've paid to commissions. $1/$23 (using your example) is 4.35% and you likely have to pay that twice to close a position so 8.7% paid repeatedly. That's a bigger deal than you think considering you're...
  2. pro

    How to Trade Credit Spreads

    INVESTING 
    You can make money but 90%+ will lose money. That's how zero sum games will work with high commissions, and exchange fees. The brokers are just selling you shovels. Study the numbers of traders and you'll see how they make their brokers rich. Numbers don't lie. Trading shouldn't be done by...
  3. pro

    How to Trade Credit Spreads

    INVESTING 
    Options = fastest best way to make your broker rich To get a decent broker - $0.50/contract traded + exchange fees. Over time, this negative sum game won't turn out well for over 90% of people. This is from someone who knows what they're talking about it, has traded them and knows them better...
  4. pro

    Formula For Avoiding Failure.... Found....

    I thought it was your site because the link was a salesletter.
  5. pro

    Formula For Avoiding Failure.... Found....

    #1 and #2 reasons you failed with this post: you did not understand your audience or the rules of this forum
  6. pro

    just looking for some asset protection advice (not structure)

    Speak to an attorney who specializes in LLCs/privacy - look at Delaware/Nevada
  7. pro

    How to sell my product directly & also distribute through dealers

    WEB/DIGITAL 
    If it's unclear to you what the answer is, you should bring on a partner to handle business development.
  8. pro

    Book Recomendation on General Finance

    Khan Academy
  9. pro

    Best Countries For Business? Help Me Decide

    I said "No North America" at least twice above.
  10. pro

    Best Countries For Business? Help Me Decide

    Razvan said I put too many filters and Amschel says there are not enough lol. I agree and will check into the Netherlands; I haven't considered it. I heard Ireland was a better fit for taxes. I'd like to visit Monaco and Switzerland but their consumer markets are limited and major export is...
  11. pro

    Best Countries For Business? Help Me Decide

    Thanks for the suggestions so far. I'd prefer if this thread was about countries instead of assumptions about me, or whether this is a good choice and won't address distractions going forward. The following is my criteria: booming economically strong consumer demand no poor middle-classes (no...
  12. pro

    Best Countries For Business? Help Me Decide

    I know what businesses I want to do. I just want to find new developed markets for products I already sell. Also, it's a good excuse to travel. I don't have a reason or need to leave North America otherwise. I don't want to visit nations with a poor middle class. It's virtual but I serve...
  13. pro

    This is a discussion that needs to be started...

    HOT! 
    You know what...I thought most people were going to side with Ryan on the precious metals. This was a surprising outcome. That's why I posted the sunglasses. I think his picture probably discredited him. Either: 1) I presented a more compelling argument, 2) the vast majority of people really...
  14. pro

    This is a discussion that needs to be started...

    HOT! 
    Couldn't help it.
  15. pro

    This is a discussion that needs to be started...

    HOT! 
    Ok I'm out of this discussion - you're basically just stating everything that Peter Schiff/Ron Paul/Doom and Gloomers say and predictably as I said above: "You're just buying into hype - of course there are historical metrics that your metals dealer will try to sell you on." So paper books were...
  16. pro

    This is a discussion that needs to be started...

    HOT! 
    Of course, inflation could be a risk but the time horizon can be manipulated by central banks. The US has an oligopoly on money supply and prices/wages are fairly "sticky" There is so much demand for US currency that even if there was a significant expansion in money supply, a lot of this...
  17. pro

    Best Countries For Business? Help Me Decide

    I'm planning a worldwide trip since my business is virtual and want to compile a list of countries to visit that are booming economically, have strong consumer demand, and are outside of North America. Note: I'm updating this list below based on ideas I like/countries I forgot to add. #...
  18. pro

    All I'm asking is 6%. Not 15%, not 12%. Just give me 6%

    HOT! INVESTING 
    Forex is liquid too but banks charge around a 2.5% spread per trade you put on. So if you want to convert between US$ and EUR$ they'll take 2.5% of the transaction, giving you a shitty exchange rate -- consumers should be LIVID. I'm talking about banks -- not forex trading firms that offer some...
  19. pro

    All I'm asking is 6%. Not 15%, not 12%. Just give me 6%

    HOT! INVESTING 
    davidil - I think that 1.5% fee is potentially risky. Is that calculated for each trade that is put on daily? Also, is this a fixed investment for 10-15 years? If you want to sell this investment how liquid is it? You're betting on interest rate spreads. I think the transaction fees + bid/ask...
  20. pro

    Need help/advice on mobile ordering site, keeping it fastlane

    WEB/DIGITAL 
    How would it compete vs Open Table?

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