stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

Charity account
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=886
Page 1 of 1
Author:  chimera [ Sat Oct 13, 2012 1:27 am ]
Post subject:  Charity account

Hello

Since the charity subforum is closed i will post this here.

A friend of mine, who trades for a living, recently set up a separate account assigned to charity. He took 5000 dollars, set up a new account and use a trade copier to mimic his live trades. He want to give to medical research and childrens foundations, and this is a way he can help.

And according to himself; it is better to have a steady drop of money to give, than feel good after a large one time donation and never give again. If you donate 1000 dollars you feel good and feel like you made a difference. 100 bucks a month isnt much, but still comes to 1200 dollars a year.

Just mention this as an idea for us smaller traders, set aside a coulpe of bucks on a separate account, copy your regular trades. Give away whatever profit is made at years end as a gift to your chosen charity, then repeat next year.

Just a thougth.
Author:  Forexperiments [ Mon Oct 22, 2012 8:46 am ]
Post subject:  Re: Charity account

The problem of this idea, at least in my country, is taxation
Author:  chimera [ Fri Oct 26, 2012 1:49 am ]
Post subject:  Re: Charity account

i know, i live in one of the worst country considering taxes. live in norway, taxes are hard, but considering what we get in return, i think its worth it. but there are some taxes that are retarded here, like wealth tax.

but the thought of s charity account is good though.

Thomas
All times are UTC Page 1 of 1