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20-11-2013, 11:39 AM
(This post was last modified: 20-11-2013, 11:41 AM by specuvestor.)
(20-11-2013, 08:41 AM)hurricane Wrote: For everyone who is caught, I wonder how many go scot free every day? Especially if your trading isn't that large as to attract attention and you split up your trading by making use of numerous relatives' accounts etc.
In theory yes, in practice not so.
Would you put money long term under another person's name knowing it circumvents the law and will get messy if something happens?
Return of money is always more important than return on money
There will always be that 10% trying to beat the law. Point is to have the law enforceable such that the other 90% will not be enticed.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)