Recent content by pomegranate

in Thailand you can get two in one. ;) More seriously, these setups will work for a while until they catch you. If you are not really a tax resident in any country, I wouldn't be surprised if they revert to the concept of domicile vs tax residence for reporting, etc. And the first one to go...

Always interesting to note how rarely Andorra is brought up here.

As said previously, a covered call is selling options on the underlying while holding it (the underlying can be anything: equity, fixed income, commodities, etc.). By doing so, you sell the volatility implied in the price of the option and hope that the realised volatility will not be higher...

With 1y US Treasury at ~5%, just be aware that the 5% premium you get means a lot of risk (country + bank). Each to their own but this is anything but a risk-free investment. (for context: Ecuador has defaulted 10 times in modern history)

So this is what was announced today: Chancellor Jeremy Hunt has abolished non-dom tax as part of his Budget. From April 2025 new arrivals into the UK will not be required to pay any tax on foreign income and gains in the first four years of their UK residency. After four years those who...

Where do you get that? Are the banks defaulting? (I assume we are talking USD)

Very informative. Thank you for the post! I am always amazed that the authors of these reports don't see a problem when their conclusion is: "Our estimates suggest that abolition of the remittance basis would lead to 0.3% of remittance basis users(77 people) leaving as a result of the reform."

Not quite true. Family, business, local assets, kids at school, social network, local mistresses etc ... make the relocation not that easy for many of them even if they have assets elsewhere. You won't see people rushing out tomorrow just yet. As often we tend to overestimate the impact in the...

https://www.bbc.co.uk/news/uk-politics-68432487

They don't ask. They take whatever they want and send you to count snowflakes and break rocks in a penal colony north of the Arctic Circle. If they are nice they will send you a postcard with a court judgment.

Either you are joking or you are a great troll or else... Running an investment fund is a regulated activity. I suggest you try to go to the SEC, FCA, or any other regulators and tell them "Guys don't worry I am running my Customer Onboarding, Compliance, Accounting, etc.. with a couple of free...

Decentralised monetary system brought to you by ... Blackrock

BTW this is called a regulated activity in any half-decent jurisdiction.

sure... time to learn about Interest Rate Parity

You can start from the tools available with your investment platforms (IBKR, Saxo, Bondsupermart/FSMOne, etc.) or private bank. They have their own limitations though. Public data on bond prices is usually not the most reliable and pricing data are almost always off. If available, it is still...