Our valued sponsor

Recent content by MarkT

  1. M

    Looks like the corporate back rate lending CLOs imploding

    Care to back that up with some more details?
  2. M

    Investing community where people focus on determining tops and bottoms

    @FATCA I'd caution to put this much weight into Fed and FOMC. If you are into math, a sample size of 3 or 10 is really just random. Only at a 1000 samples or more, results start to solidify. Counter example: Recent politics and policies of US White House have arguably led to a market correction...
  3. M

    Investing community where people focus on determining tops and bottoms

    I'll bite @FATCA. Due to the many links, I suspect this might get flagged. @Sols please unban. There is no such community. 99.99% out there who you might think they are, are only outlets for false prophets who are after subscription fees for a worthless service. Trying to trade their advice...
  4. M

    The Dark Side of Denmark’s Tax System: How Authorities Can Ruin Your Life Without Consequences

    Not a MGG member, but wow your frustration is palpable. I don't know where I read it many years ago: Happiest people are those who have passport from country A, money in country B, but live in country C. Guess you could add, and run company in country D. And as per your "EUSSR", game plan of...
  5. M

    IBKR alternatives (based outside the US) for non-US / non-EU citizens?

    It also depends on your trading behaviour, which broker is "best". Because IBKR has very very low fees for US markets. Not much comes close. For US markets tastytrade perhaps, fed with partial ACATS transfers from IBKR if you do not have easy access to US bank account to fund. Also define...
  6. M

    Wise offer stock trading, would you use it?

    "During the beta trial, there will be a fund fee of 0.15% annually. After beta, customers will also pay a service fee of 0.55% per year." This is really expensive. TER of IE00B4L5Y983 as an example is only 0.20% instead of 0.70%, factor of 3.5 more expensive. Pass.
  7. M

    How much trust you put into wise?

    Not really a retail bank but I like Swissquote which is a broker. Account can be opened through video ident. They offer credit cards connected to the brokerage account though. Also IBAN for EUR. Support crypto trading, so friendly, haven't used it though. Multi-currency and astonishingly FX...
  8. M

    How much trust you put into wise?

    I voted "up to 10k" because I have read their AUP and while everything is plain and clear, I am only one transfer from the wrong source away from account closure and months of anger. It's the best EMI for sure but at the end of the day it is only another computer with a large laundry list of...
  9. M

    Question Tax minimisation for German resident

    If you have any kind of power over a place to stay in Germany that isn't rented out long term like a house, appartment etc. i.e. you physically possess keys, then you are "unbeschränkt steuerpflichtig" in Germany. Any income will be taxable through EStG articles. You also have to declare foreign...