Recent content by Frankie

Since this post was written in April 2020: Berkshire Hathaway went up 231.23% RIT Capital Partners went down -2.36% dead:-!

The best sign of a value trap is when value investors / "contrarian investors" / Michael Burry tweeting about it. Avoid at all costs unless you want to catch a fallen knife.

100% correct. But don't try to confuse people here with facts, let all the tinfoil hatters move to dictatorships like Dubai and then be surprised when rules get changed and they get raped with 9% tax and audit requirements for $200k revenue, after being promised 50 years of no tax :D Or worse...

Sounds really awful. But it is somewhat funny how all the people complaining about EU being an "open air prison" moved to a dictatorship that in the span of a few months turned into a 10x much more expensive and strict REAL open air prison. Can't wait to see the first post about a guy jailed...

In just 27 years the CCP took a wonderful and ultra-successful city-state from British rule and turned it into a financial pariah. Well done, communism. All the China lovers here may need to revise their predictions of "China going to rule the world" to 2050... or 2100 rof/%rof/%rof/% Or maybe...

99% of this forum: "Putin is the best" -Posted from my iPhone deep inside Western country, protected by NATO and the US Seriously though, once you ignore 99% of the trolls and KGB propaganda agents, it's actually a pretty good forum.

Just change "leftists" to "right-wingers" and the meaning remains the same:

Not worth it: 1. Much harder to find banks/brokers that onboard a company vs natural person. Every account opening involves getting a notarized/legalized CoI and other documents - can be up to $500-1k to get these documents depending on structure complexity. 2. Pricing is higher - as you wrote...

Wise also recently changed their USD wire conditions so you can't do "further credit to" and can't fund brokerage account using Wise. Their usefullness drops with every passing day.

Yes, I am already migrating the portfolio to another broker. Lots of brokers work with Malta, as @lacomaco mentioned Saxo work with Malta. But they are a lot more expensive on the custody fees, trading fees, don't give % on deposits, etc. Correct, they do work with Malta.

IB shut down my account after 3 years. I'm resident in Malta. I tried to open a corporate account after their sales rep told me it is possible. During the sign up the registration said "not accepting new clients from your jurisdiction". Stupidly I contacted the agent and said "hey, it says you...