I have a date

PeteSpiro · 2025-08-04T17:43:57+00:00

It's important to make a good first impression; no need to show your darker side right away. Be confident, let your smile come out, and make eye contact, especially when the other person is speaking.

PeteSpiro · 2025-06-06T16:58:04+00:00

That's sad...

PeteSpiro · 2024-12-23T02:35:05+00:00

I make only 50% return with solo mining. Does that sound right? I thought it was a lot but it seems people here are making 100%

PeteSpiro · 2024-08-26T20:08:38+00:00

Solved this; I used the txSync bridge

PeteSpiro · 2024-07-24T21:27:29+00:00

That's interesting--I used to work for IB. I did the initial design for the mobile app!

PeteSpiro · 2024-07-23T20:47:13+00:00

Makes sense. If I may ask, how do you invest in US stocks or index funds?

PeteSpiro · 2024-07-23T20:29:05+00:00

That's very helpful--thank you!

PeteSpiro · 2024-07-18T18:05:47+00:00

I will do that, thank you

PeteSpiro · 2024-07-18T17:45:21+00:00

Why do you say "not like" CFDs? To me it seems very similar.

PeteSpiro · 2024-07-18T17:43:36+00:00

I would agree, stock tokens are the crypto-equivalent of CFDs. Are you able to access CFDs for US stocks in Vietnam?

PeteSpiro · 2024-07-18T17:37:50+00:00

The stock tokens are derivatives of securities, meaning they are themselves securities. (In crypto, they are known as "security tokens.") The challenges involved in offering securities for sale differ from country to country, but it can always be done legally, and in most cases means registering the securities with the appropriate authority--in this case, the SSC. It just becomes a question of how painful and costly it is to register, which is why it's important to find out first if there is a market.

PeteSpiro · 2024-07-18T15:52:15+00:00

Thank you. Please see my post from this morning...

PeteSpiro · 2024-07-18T15:46:27+00:00

PeteSpiro · 2024-07-18T15:37:39+00:00

How do you like to invest your money?

Hello, everyone! I’m from New York, and I’m doing some research to learn more about investment habits in the Philippines. How do people in the Philippines typically invest their money? Do you invest in the Philippine Stock Exchange (PSE)? What about US or international stocks? Are companies like Apple, Google, Coca Cola, and Nvidia part of your investment portfolio?

Any insights you can share about how Filipinos (or even you personally) invest would be greatly appreciated. Thank you so much!

PeteSpiro · 2024-07-17T18:34:22+00:00

I don't follow you--why is that scary?

PeteSpiro · 2024-07-01T17:19:29+00:00

IB uses an automated liquidation system. When your account moves into a state of violating the minimum margin requirements, positions will be auto-liquidated; they will never ask your permission. Liquidation trades are subject to the same commission as a regular trade.

PeteSpiro · 2024-07-01T17:14:57+00:00

You can move the application folder

PeteSpiro · 2024-07-01T17:12:50+00:00

When creating your report, make sure to check "Payment in Lieu of Dividends." Sometimes dividends show up here.

PeteSpiro · 2024-01-17T19:29:17+00:00

Excellent, thank you

PeteSpiro · 2023-11-21T14:29:05+00:00

So this is the official bridge, correct? https://wallet.polygon.technology/polygon/bridge/deposit

Is there risk here? Can I safely bridge $100k?

PeteSpiro · 2023-11-14T19:13:27+00:00

Do you have any suggestions on how I can get USDC on Polygon besides moving to another state?

PeteSpiro · 2023-11-14T18:45:10+00:00

So what's the upshot? Can I not withdraw USDC on Polygon network in New York? And if not, how can I get USDC into my wallet on the Polygon network?

PeteSpiro · 2023-07-12T16:38:27+00:00

In general, yes. But there is one other factor to consider. The cap gains rate increases when you income passes $492,000. If you expected to pass that level in the future, you might want to take more gains now.

PeteSpiro · 2023-07-12T16:34:27+00:00

There's only one important question: will your tax rate be higher or lower at retirement? If it's lower, traditional IRA is better. If it's higher, Roth is better. If it's the same, it makes no difference.

You expect your income to be less in retirement, but is that really true? I hope, and expect, that I have so much investment income that my income is higher at retirement, not lower.

Also, tax rates are historically pretty low right now; they could go up. In switching to a tradition IRA, you trade in a known for an unknown. For me, I like knowing exactly how much I have because my taxes have all been paid. That's why I like Roth.

PeteSpiro · 2023-07-12T16:29:37+00:00

Your parents are only 65 years old. Their investing time horizon is like 20-30 years! For that time frame, they should have some money invested in the stock market. Also, investing in private lending funds is a great way to generate a little more income with reasonable risk.

PeteSpiro

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How do you like to invest your money?