Posted by retirefire on 11th of Mar 2023 at 12:27 pm
Tucker Carlson went into that on Fridays monolog and detailed
bank crisis in simple layman terms. I won't post link lest someone
gets offended by the facts.
Posted by DigiNomad on 24th of Apr 2023 at 04:05 pm
Tucker - I posted this on another forum when someone suggested
that he will show up at another network soon:
Hope you're right, but doubt it. Tucker was most likely
threatened heavily but the threats came with a platinum carrot in
the form of a MASSIVE, perfectly legal, hush money settlement. It
is worth billions to FOX to keep him quiet and not competing. They
likely paid it. If so, we won't hear from Tucker again. Even the
truth has a price....probably.
Posted by DigiNomad on 24th of Apr 2023 at 04:33 pm
My uncle was a father figure to me and press secretary for a
Cali mayor, 2 Cali Governors, and 2 US Presidents. Seeing the
underlying mechanics at work in politics and media is a skill that
comes pretty naturally, even though it wasn't my professional path.
My great uncles left their commodity trading positions in Chicago
for San Diego in the 1930's - I am the 1st to return to the
profession (generally speaking).
Posted by DigiNomad on 24th of Apr 2023 at 04:56 pm
"Generally speaking" was meant to imply a career in finance, not
specifically as a commodities floor trader. Even my actual
career in finance is hard to pigeon hole. Investment advisor?
Trader? CFP? CFO? I guess yes is the answer. Have I traded
commodities? Sure. But I'm not a commodities trader.
As a registered investment adviser, you cannot trade in your own
account insofar as you will be accused of front-running your
customers' orders. If you love to trade, you ought to trade for
yourself as you are doing now.
I was referring to the level of skill needed for trading stocks
versus trading commodities: Commodities are a lot harder to
trade.
Posted by DigiNomad on 24th of Apr 2023 at 05:09 pm
Junkie, that's not actually true about not being able to trade
in your own account as an RIA. Go to BrokerCheck, SEC website
or FINRA and pull up a few ADV Parts I & II while you're
in there. There are multiple disclosures required for RIAs that
trade alongside client accounts. I'd give you a link to my ADV
parts I & II....but I think I prefer the anonymity
This reminds me of the issue I have with CFP's selling life
insurance. Until a few years ago, I thought it was against the CFP
boards rules, and improper as a fiduciary to sell commissioned
products. Turns out not so much, although I'm still against it
myself.
Posted by DigiNomad on 24th of Apr 2023 at 05:13 pm
There's no info to pass along. Just look at any RIAs ADV Part I
and you will find a section where they are able to disclose trading
alongside client accounts.
I've had multiple state regulators tell me during the initial
review that they had never seen any advisor do the entire process
without professional support (of course, we wouldn't have had any
conversation if I got it all right the first time through, lol).
This is probably an area that is typically handled by attorneys and
specialists and most advisors haven't even seen an ADV Part I or II
(I know I never saw one when I was at ML).
Tucker Carlson went into that
Has anyone read the old Forbes mag. lately? Picked up ...
Posted by retirefire on 11th of Mar 2023 at 12:27 pm
Tucker Carlson went into that on Fridays monolog and detailed bank crisis in simple layman terms. I won't post link lest someone gets offended by the facts.
Tucker - I posted this
Posted by DigiNomad on 24th of Apr 2023 at 04:05 pm
Tucker - I posted this on another forum when someone suggested that he will show up at another network soon:
Hope you're right, but doubt it. Tucker was most likely threatened heavily but the threats came with a platinum carrot in the form of a MASSIVE, perfectly legal, hush money settlement. It is worth billions to FOX to keep him quiet and not competing. They likely paid it. If so, we won't hear from Tucker again. Even the truth has a price....probably.
Good info, DigiNomad. You must
Posted by junkie on 24th of Apr 2023 at 04:19 pm
Good info, DigiNomad. You must have studied political science or public relations at school :-)
My uncle was a father
Posted by DigiNomad on 24th of Apr 2023 at 04:33 pm
My uncle was a father figure to me and press secretary for a Cali mayor, 2 Cali Governors, and 2 US Presidents. Seeing the underlying mechanics at work in politics and media is a skill that comes pretty naturally, even though it wasn't my professional path. My great uncles left their commodity trading positions in Chicago for San Diego in the 1930's - I am the 1st to return to the profession (generally speaking).
You are starting with indexes
Posted by junkie on 24th of Apr 2023 at 04:48 pm
You are starting with indexes only to move on to trading commodities as a very seasoned trader. A very good plan is yours!
"Generally speaking" was meant to
Posted by DigiNomad on 24th of Apr 2023 at 04:56 pm
"Generally speaking" was meant to imply a career in finance, not specifically as a commodities floor trader. Even my actual career in finance is hard to pigeon hole. Investment advisor? Trader? CFP? CFO? I guess yes is the answer. Have I traded commodities? Sure. But I'm not a commodities trader.
As a registered investment adviser,
Posted by junkie on 24th of Apr 2023 at 05:00 pm
As a registered investment adviser, you cannot trade in your own account insofar as you will be accused of front-running your customers' orders. If you love to trade, you ought to trade for yourself as you are doing now.
I was referring to the level of skill needed for trading stocks versus trading commodities: Commodities are a lot harder to trade.
Junkie, that's not actually true
Posted by DigiNomad on 24th of Apr 2023 at 05:09 pm
Junkie, that's not actually true about not being able to trade in your own account as an RIA. Go to BrokerCheck, SEC website or FINRA and pull up a few ADV Parts I & II while you're in there. There are multiple disclosures required for RIAs that trade alongside client accounts. I'd give you a link to my ADV parts I & II....but I think I prefer the anonymity
This reminds me of the issue I have with CFP's selling life insurance. Until a few years ago, I thought it was against the CFP boards rules, and improper as a fiduciary to sell commissioned products. Turns out not so much, although I'm still against it myself.
I will take a look,
Posted by junkie on 24th of Apr 2023 at 05:12 pm
I will take a look, please pass along the info . You have tickled my curiosity :-)
There's no info to pass
Posted by DigiNomad on 24th of Apr 2023 at 05:13 pm
There's no info to pass along. Just look at any RIAs ADV Part I and you will find a section where they are able to disclose trading alongside client accounts.
I've had multiple state regulators tell me during the initial review that they had never seen any advisor do the entire process without professional support (of course, we wouldn't have had any conversation if I got it all right the first time through, lol). This is probably an area that is typically handled by attorneys and specialists and most advisors haven't even seen an ADV Part I or II (I know I never saw one when I was at ML).
They're all hard according to
Posted by icecoldjones on 24th of Apr 2023 at 05:04 pm
They're all hard according to my portfolio LOL