ptkershaw
New Member

Retirement tax questions

$50,000 may be a lot to Johnny Acre, but not to Mark (or to me.)  It might just be a part of the learning process and that might be a very small portion of his risk capital.  In consultancy costs (to a company like MTI or OTA), office buildout, high speed internet and computer equipment your startup expenses could easily top $50,000 before you place your first live trade.