Multiple Accounts.

[Paul71]

This is a subject that has probably been raised before, but here goes anyway.

How many members here use multiple accounts?

Do you find it easier to manage positions, trades, investments, instruments, strategies etc using multiple accounts?

Is it wise to have more than one account?

Care to share your thoughts?

 

[options]

Yep you must have multiple accounts. Proper ones where you pay tax on them and sb ones where you can keep quiet about how much goes in your pocket. This way it keeps the tax man off your back. Funny how my tax accounts often run at a loss.

Oh damn! your not a tax inspector are you?

 

[Paul71]

Yep you must have multiple accounts. Proper ones where you pay tax on them and sb ones where you can keep quiet about how much goes in your pocket. This way it keeps the tax man off your back. Funny how my tax accounts often run at a loss.

Oh damn! your not a tax inspector are you?

G'day, Options.

That's one i missed off the list, matey, but a very valid and indeed very important issue. Maybe run counter trend trades or 'riskier' trades through a 'taxable' account?

By the way, no i'm not.

Thanks.