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IR: I agree with you on the speculation. Although in terms of food, I think the shortage is real. I have spend about three month in and out of China due to my job. I think if you look at how diet in major Chinese cities has changed over the past 10 years, it is easy to see that we will have a...

IR, don't you think there are a lot of speculation in gold as well? I think it will be better to go long on food (DBA ETF comes to mind)

I am back in LA for a short period time. Last year I had a discussion with IR about the economy and stock market. At that time, I said a big correction will happen in the beginning of this year, but everything should be fine by the second half. I think that is unlikely to happen now. At that...

I think they are other things to consider besides the "American dream". For example, the ability to work at other places, the ability to start a new business, etc, etc. Buy a house in OC, and you will be pretty much locked into your current life style. You will need a stable job to pay the...

backacre-seeker I think you are making the assumption that the condor won't depreciate to less than 280K. At this point, no one knows if that will or will not happen. Tokyo real estate lost something like 70 to 80% of its peak value after the big bubble. The way things are going in this...

One thing I am quite unhappy about US is how much tax we pay and how little we get in return. The combined tax rate for CA was around 46% for my family, including health care cost, it was close to 60% ( I consider health care a form of tax, most other developed countries in the world has a low...

almon I just returned on Saturday for the holiday. It was not as fun as I thought it would be. But then again, few things in life turn out the way we want. awgee That was my original position as well. That a market will suffer a correction the end of this year and then a bull...

After last week's sell off, I think the next two weeks will be quite interesting. As IR probably recall, I said earlier last month that I believed the bull market would come back some time the end of this year. I am now moved away from that position. My recent trip has shown mr just how much...

The ER so far comparing to last quarter is -0.1% with 24% of the companies reported. Earlier this month I said a pull back may happen either the end of this year or begining of next year. I think the pull back may happen this month due to the poor earning report. Furthermore, because JP bank...

Since my new job will not allow me to watch over my stock investment like my current job, I am looking for some easier and more automated ways of managing my investment. Ultra ETF(both sp500 and naq) sounds like a pretty good idea. I have watched their performance over the past 1 year and they...

Peter, great advice. For me, I took the job because it is something new. It is completely different from my previous work, and it will allow me to look at things from a different perspective. I figure I am still relatively young so I want to try out different things and see which one I...

I will be in Shanghai quite often starting in December. I still have a family house in Shanghai. One thing, if you think OC real estate is crazy, wait until you go to Shanghai. My family house (because it is a old french style house with front and backyard and a car port,) is currently valued...

Nano Best of the luck to your lady friend, I am sure she is having a difficult time. Offshore companies are actually quite common, majority of the bear stearns fund are cayman island based. Quite a few companies I know that listed on Nasdaq are also based there. In any case, if he got paid...

Regarding RMB, I was under the impression it is pegged against the dollar? You are right of course, many people have said RMB should be around 1:4 instead of 1:7.5 right now. At 1:4 rate, I don't think we will see too many Chinese in LA any more, one can make close to 30K USD in major Chinese...

Nano I think it will depend on how he arrange the deal. I am not a expert in corporate tax, but it is likely the US company is in fact a branch and the headquarter is in Virgin island. This is not unusual since Virgin island has no corporate tax. If that is the case, then there is no tax...

Regarding supported by government, since he is a PhD, it is most likely in the form of NSF grant or DRAPA grant. Most of the foreign PhDs in US, especially ones in less commercial focused fields, are supported by US government. They do not have any obligation to the US/US government for that...

Nano I think he has to pay tax on that sell. If he sold the company after he had mailed passport, then it will be difficult to get him (I looked up the law regarding renouncing citizenship for tax, I think it does not apply to him since he is a Korean native). The second part is terrible...

irvinefsbo Thanks for the info, one more thing to think about I guess. This brings me back to a question that I asked long time ago but was never answered. Why would a rich person subject himself/herself to these taxes by moving to Southern California? School for their kids? I don't...

Ericg Thanks for your information. In my case, my compensation will mostly be in the form of stock/stock options (my company will issue me both), and since I will split my time between Asia and Europe, the stock will be granted from our Asian branch in HK. That means majority of my...