1) You think I am way more powerful than I actually am. :)
2) So, I worry about that as well. I can't promise you that they don't change the rules, but it's probably not as arbitrary as you think. Don't forget that there are billions of dollars of financial instruments based on these indexes. I don't think it would be worth…
1) You think I am way more powerful than I actually am. :)
2) So, I worry about that as well. I can't promise you that they don't change the rules, but it's probably not as arbitrary as you think. Don't forget that there are billions of dollars of financial instruments based on these indexes. I don't think it would be worth it for the gov't to monkey with it until there is real pain. Therefore, if they do change it, we will be well on side and we will deal with it then. That's my $0.02 about that.
3) I am not an American and my trading is all income, so I don't look at taxes the same as most investors. I am not sure about the tax issues. If anyone can comment, then please chime in.
Hi Alan,
1) You think I am way more powerful than I actually am. :)
2) So, I worry about that as well. I can't promise you that they don't change the rules, but it's probably not as arbitrary as you think. Don't forget that there are billions of dollars of financial instruments based on these indexes. I don't think it would be worth it for the gov't to monkey with it until there is real pain. Therefore, if they do change it, we will be well on side and we will deal with it then. That's my $0.02 about that.
3) I am not an American and my trading is all income, so I don't look at taxes the same as most investors. I am not sure about the tax issues. If anyone can comment, then please chime in.
Thanks for the great questions.
Have a good night,
Kev