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kermit42

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kermit42

Re: None

Tuesday, 11/25/2008 9:45:39 AM

Tuesday, November 25, 2008 9:45:39 AM

Post# of 42555
Got a question for someone on the board. I've had a pretty kick-ass month and am ready to pull out the last of my investment and start playing with house money. Going forward, I'm wondering if there is any advantage to incorporating and trading through the company. Has anybody here done that?

In most profitable hobbies, you just form a subchapter S corp. and you're good ot go, but, here, who knows? Does the company need SEC approval? Would this put me in a position of needing a broker's license? Are there any crazy regulations I don't know about that outweigh any advantages?

_______________________
Every time you look in your refrigerator and you've only got peanut
butter and jelly, you know, it makes you (think) like, "Dang, I
wish I would've taken that 15 million dollars."

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