Mike Gasior - AIG and Credit Default Swaps

[idmji89]

"All the mutants, and still servivin'" hahahaha thats sooo good! ahaha true though

[laurasIs2c]

Thank you for explaining CDS and mentioning that they were not regulated nor were they within the realm of the SEC regulations.

Please make a suggestion as to what would be reasonable regulation or a way to create laws and consequences to promote investment and stop the thieving.

[mylove1618]

Welcome Back Mike. I like your videos, very informative.

Q: how/where can a regular person buy or get a credit default swap on his/hers stock?

[givingstars]

Credit default swaps are for fixed income. Stocks are equity and different from fixed income. You can sell covered calls and collect a "premium" to reduce risk but it limits your return.

[ashleyo154]

Welcome back!

[cityslickeroz]

Hi Mike, nice video. Any advice for an Aussie looking to buy property in the US? aNY Hidden taxes etc?

[mikegasior]

Hello City Slicker,

Truthfully, there is not much in the way of "hidden" taxes when buying U.S. real estate. There are relatively small conveyance taxes when property changes hands and then you will have annual property taxes that vary by region. But unlike some countries, there is no particular taxes levied on non-Americans who buy property.

[jonesr227]

Mike, Good to hear from you again. Thanks for the explanation. I look forward to your next video.