For non-residents of Australian stock holders, the withholding tax on dividends is 30%. If the dividends are 100% franked, my understanding is the withholding tax drops to 0%. So, if dividends are 50% franked, does it follow that withholding tax becomes 15%?
It shares the same "humiliation" as Indonesian rupiah and Indian rupee in 2018. This is quite unbelievable given that Australia is a developed country and extremely resilient economically. Its resilience can be seen by being recession-free for the past 25 years.
What happened in 2018?
During the 1970s, commodities boomed while stocks crashed. Given a choice, would you prefer shorting index or longing commodity futures if the inflationary 1970s market conditions return? Do you think it is easier to make money shorting index futures than longing commodity futures?
In the 1970s, stocks as an asset class performed poorly compared to commodities. However, were commodity stocks a good replacement for commodity futures in the 1970s for those who prefer stocks to futures? I was wondering if commodity stocks will be a good place to hide when we go back to the...
Anyone hit by portfolio value bug on IBKR platform today? It seems many customers' portfolio fell to zero due to a bug during Asian trading hours.
If it is just a display bug, it is not so bad. Just a mild heart attack. My greatest fear is that it led to erroneous auto-liquidation of portfolio...
I have been listening to the podcasts of Mr Aaron Fifield. Impressive young man. He sounds wiser than me even though I'm older.
I wonder how is his own trading going today. I would certainly like to hear about it.
Even if share holdings can be recovered, there will be a delay. Furthermore, if there is a need to sell because fundamentals have deteriorated or some support line was violated, one cannot sell. It is not just the loss of cash.
I am a happy customer of Interactive Brokers. IBKR is my only broker because I cannot find a better alternative for investing in international stocks.
Do members here think it is a bad risk management practice to use only one broker? How do you mitigate this single-point-of-failure risk?
If the overseas forummers give up so easily, they may not be valuable forummers. May not be a big loss to you if they stay away.
One trade-off you can make is to lower the barrier and cut down the number of posts required. Perhaps, 5 or 10 instead of a high number like 20.
It is fair to give...
Haunted houses sound like a troll or spam topic. I assure you I'm serious. Recently, my family stayed in a hotel which gave us the creeps. My wife couldn't sleep well and was very tired the next day. It almost spoil the vacation until we changed room. I will leave out the details.
Hi Joe Blow,
Thank you for the quick action. I hope there are better forum software features to handle spam problems and not let rogues harm the innocent forummers.
Not sure if it is possible to have this feature. Forummers with overseas IP address should be able to create new threads if they...