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17801
If you deposit an amount greater than S$50,000, it's only insured up to S$50,000. In the event that the bank fails or is declared insolvent, the SDIC will pay deposit holders their total balance in all accounts with that bank, up to S$50,000 in aggregate per depositor per Scheme member by law. In other words SDIC will ...
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17823
"I'd suggest you start by looking at the mutual fund and/or ETF options available via your bank, and see if they have any low-cost funds that invest in high-risk sectors. You can increase your risk (and potential returns) by allocating your assets to riskier sectors rather than by picking individual stocks, and you'll...
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17827
"The general answer to any ""is it worth it"" insurance question is ""no,"" because the insurance company is making a profit on the insurance.* To decide if you want the insurance, you need to figure out how much you can afford to pay if something happens, how much they cover, and how badly you want to transfer your ri...
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17839
Stay in school, learn everything you can, and spend as little money as possible. And realize that the chances of you dropping out and becoming a millionaire are much lower than the chances of you staying in school and becoming a millionaire. You're unlikely to be a good investor if you make bets with negative expecte...
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17888
I've done a lot of gov contracting, the IT/software side of most of these gov organizations is very very disappointing. Then again I'm breaking my own pet peeve about google employees in these news articles here. They're not all engineers.
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17906
"This is my two cents (pun intended). It was too long for a comment, so I tried to make it more of an answer. I am no expert with investments or Islam: Anything on a server exists 'physically'. It exists on a hard drive, tape drive, and/or a combination thereof. It is stored as data, which on a hard drive are small...
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17923
Passive implies following an index. Your question seems to ask about a hypothetical fund that starts, say, as an S&P fund, but as the index is adjusted, the old stocks stay in the fund. Sounds simple enough, but over time, the fund's performance will diverge from the index. The slight potential gain from lack of cap ga...
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17924
Nah, you're thinking top 0.1% - they are very different than the top 1%. Top 1% tends to be salaried professionals who work hard every day - doctors, lawyers, accountants, etc. Top 0.1% makes their $$ off interest, dividends, etc., and these people own more wealth than the bottom 90%. I'm on vacation, so all you're ...
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17943
Thanks for replying. I think we are talking at cross purposes, though. In your original example you were talking terms of a promise to pay at a future time. In that example the asset might be destroyed but the promise to pay would still be binding (under typical laws of obligations) and so a court could enforce the obl...
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17954
"What you're looking at is something called ""Bridge-Financing"". Essentially, it allows you to borrow your down-payment from the bank, using your old home as collateral. The interest rate varies, but if you get the bridge from the same institution as your new mortgage, they will often be a bit flexible. You take p...
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17964
Remember that these are accusations coming from a competitor, and Uber has already returned the same accusations but with a bigger number. It's virtually impossible to prove these claims, unless a company is stupid enough to send an official memo or something like that.
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17969
"I'm not sure these are all good e.g. ""Facebook: A Friendster for college students"". What's the point of describing one company with another? Especially one that is smaller? And it used to be just college students, but not any more."
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17998
It seems to me that the study fails to adjust for the fact that if the UK became a US state, UK taxes would be removed which would probably result in lower living costs, higher incomes, more investments..and shittier healthcare... etc etc.
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18001
You are wildly over-estimating your taxes. First, remember that your business expenses reduce your gross income. Second, remember that taxes are progressive, so your flat 35% only applies if you're already making a high salary that pushed you into the higher brackets of US and CA. I think the deeper problems are: 1) ...
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18003
While some of that money was made overseas, in many cases half or more was made domestically. I'm not pretending that a company should have any obligation to pay taxes to America on money earned abroad, but I am saying they have an obligation to pay taxes to America earned at home. If an American company cannot discer...
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18047
His logic was basically that if the banks went bankrupt and didn't get a bailout, all of society would collapse ala Great Depression. So from a risk reward standpoint it was an easy decision. Iirc he made his investment just a couple weeks before TARP, and he himself admitted he didn't think they would be bailed out as...
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18059
The penalty is 10% regardless of the tax. If your marginal rate is so low, I'd consider converting some to Roth each year, and not touching it for tuition.
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18065
"I looked into the ""We buy houses"" people when I was trying to sell my house a few years back. The amount they are normally willing to pay is far below value. If I was going to take that little, I would just set the price at that amount and sell it to somebody, maybe making a young couple really happy getting into ...
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18075
Well the product is the Snoppa M1 gimble which had a successful indiegogo campaign a while back. www.snoppa.com/mone.html (product page) I don't want to share to much on the pricing, but I have a lot of room with pricing as I'm friends with the founder here in China. As for customer support and guarantee they cover ...
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18093
"Once again, this depends entirely on your definition of ""rational"" as it comes to money. The idea that the ""rational"" thing to do with more money than you can spend is to maximize the amount of money you make that you still can't spend is arbitrary, and really comes down an expression of personal values rather tha...
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18119
"> Such other departments as were present in Iraq to do whatever they do were there as a means for the military to get out. No, they were there as a means to (attempt) the implementation of foreign policy objectives. >I’d limit it to say it’s the military which is mostly wasteful (I’m not among those who don’t ...
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18123
I don't need to be a civil engineer to tell you that building high in areas prone to earthquakes are more expensive. While a wooden frame house is cheap and fairly earthquakes resistant. Most houses in Auckland are detached houses. You can put a lot more townhouses in the same area, and there's no restriction in doing...
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18131
It will definitely be added to your AGI, but not necessarily bump your ordinary income tax bracket. You will have to use the Capital Gains Computation worksheet (that uses the general Tax Computation Worksheet) to figure out your tax liability. You might also be subject to the AMT. See the instructions to form 1040, li...
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18173
The Evostfitness launch a new Exercise Equipment shoulder press E-1006 works several muscles of the upper body and offers a host of benefits that improve daily functioning. This exercise can be performed with Shoulder Press E-1006 Strength Gym Equipment, resistance bands or a machine.and Intelligent ergonomic design fe...
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18181
Yes, the choice of some of the base stats to use is pretty interesting. I'm not an expert in using FRED, but I think there are better numbers for a lot of those. Mostly it's about things like the origin of the graph though - look how many of the graphs on that page start in the mid fifties, not zero, thus magnifying th...
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18194
Get a decent job while at university - it will make all the difference. And calculate your budget and don't spend more than your budget allows Worked for me. That was the time when I had the greatest disposable income - all gone downhill since :-)
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18200
The best thing is to diversify across multiple currencies. USD and EUR seem reliable. But not 100% reliable to keep all your investments in this types of currencies. Invest part of your savings in USD, part - in EUR, and part in your home country's currency. Apart from investing I recommend you to have certain sum in c...
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18209
Time Tracker I'm a software engineer and have been using this tool. It is free and has a good user interface. I believe it can very well be used by professional of other areas too. It does support the features that you're looking for regarding project and task tracking.
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18224
So what's the point of this update? Only a complete idiot like the people who fell for the Fyre festival can't see it Also, you wouldn't be calling someone a shill if you helped broker the deal and pocketed a % or got $1000 for posting a one day ad
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18239
Here's an Irish government publication that should give you some background information to get you started. In a nutshell, you get tax benefits, but cannot withdraw money without penalty until you reach retirement age.
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18242
> creating goods and services people are willing to pay for. Let's get real here: you are using terms like 'economic rich' and 'political rich' so that you can ascribe to them whatever meaning you like. They are both perfectly cromulent phrases, but I don't see how 'value investing' == 'creating goods and services...
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18250
">Every word is true. No, really, none of it. >Taxpayers get tax credits for buying them. If taxpayers didn't get those tax credits then TSLA would have to lower the price of the car and they would be a loss. In what world is $7,500 26.9% of $100k (their ASP, something close to 100k)? Please, show me the math...
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18257
Never co-sign a loan for someone, especially family Taking out a loan for yourself is bad enough, but co-signing a loan is just plain stupid. Think about it, if the bank is asking for a co-signer its because they are not very confident that the applicant is going to be paying back the loan. So why would you then step ...
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18266
> We were talking about net taxation, not some ratio of gross income on a per family basis. I was rebutting your claim that the top 1% pay 50% of all taxes. > The bottom 40% of American are net beneficiaries of taxes anyway. I disagree. Welfare programs in the US total a little over $200B, just above 5% of t...
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18273
>Restaurants and hotels are posting new job openings faster than they can fill them. This is a promising sign for the economy. Many jobs in the hospitality industry have low pay but don't require specialized skills. So they often serve as a stopgap for people between jobs. In periods when the broader job market is b...
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18275
I use it for work to automatically fill in building features which are spelled differently and are classified differently by architects (for some reason). It's mainly vlookups, I'm not sure if it'll solve your problem but that's how I solved my problem. The only problem this creates is that the master list is pretty lo...
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18285
eSalesData allows to reach the right prospects for every B2B campaign that you launch, with extensive apparel executives lists. By targeting the upper echelons of management in various clothing enterprises, you target the real decision makers who sign off on the largest purchases within their respective organizations.
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18296
You are conflating genetic manipulation in a laboratory with something done by hand by a farmer. It is not remotely credible to equate the two processes. Also, please do not quote some blogger in defense of your argument. This discussion deserves a lot better than that. The guy is using *his own blog posts* for citati...
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18303
Dogma always disappoints. The notion that an index fund is the end-all, be-all for investing because the expense ratios are low is a flawed one. I don't concern myself with cost as an independent factor -- I look for the best value. Bogle's dogma lines up with his business, so you need to factor that in as well. Vend...
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18317
Bad bad analogies. No offense sorry, I make bad analogies too. Tinkering with income inequality will not get in the way of overall wealth creation. Go check out the income gap of the US vs any other industrialized nation. Many have lower debt and lower unemployment than we do now, and have a lower income gap, which...
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18335
Two reasons why I think that's irrelevant: First, if it was on 3/31/2012 (two other sources say it was actually 4/3/2012), why the big jump two trading days later? Second, the stock popped up from $3.10 to $4.11, then over the next several trading days fell right back to $3.12. If this were about the intrinsic value of...
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18346
I disagree. I think the motivation to automate is to run a safer, more consistent operation and provide better (e.g. Faster) service to its customers. I agree, fewer employees will be needed but I could argue that the new jobs being created--likely as equipment operators--is a higher skill job (than sorting shelves) an...
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18349
"(Note: out of my depth here, but in case this helps...) While not a direct answer to your question, I'll point out that in the inverse situation - a U.S. investor who wants to buy individual stocks of companies headquartered outside US - you would buy ADRs, which are $-denominated ""wrapper"" stocks. They can be list...
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18352
True story: Had a fire in our store, extension cord got hot and set carpet on fire. Employee put it out in 30 seconds, no big deal. Store manager came in, bitched about having to pay to refill the fire extinguisher. That's how executives are, at least where I work. Complains about needing people to do the work, and th...
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18355
"Your questions seek answers to specifics, but I feel that you may need more general help. There are two things, I feel, that you need to learn about in the general category of personal finance. Your asking questions about investing, but it is not as important, IMHO, as how you manage your day-to-day operations. For...
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18362
Im gonna make up some numbers for this teaching moment. 2011: $60,000 2012: $50,000 2013: $100,000 2014: $70,000 2015: $60,000 2016: $75,000 2017: $90,000 2017 is the highest number since 2013. But before we had 2017 data, we only had up to 2016 data. In 2016, 2016 was the highest number since 2013. We couldn...
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18366
"This is the best tl;dr I could make, [original](http://www.npr.org/2017/05/24/529852301/boom-time-again-for-u-s-oil-industry-thanks-to-opec) reduced by 79%. (I'm a bot) ***** > Oil producers across the country are watching to see what OPEC does at its meeting in Vienna this week, since the cartel of oil-exporting c...
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18373
Some (most) credit cards have a way to get a one-time use number. If that is an available option for one of your cards, that is probably the way to do the very risky transaction. These numbers can be good for only one purchase, or for multiple purchases with a single vendor. This will limit your exposure because they w...
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18388
You should pull your credit report from all the credit reporting agencies annually to make sure only the accounts you know of are being reported.
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18403
CitiBank offers a chip card. It's not a chip and pin, but a chip and sign, however it worked well for my all transations. Just call and ask for a 'world credit card' with a chip. https://creditcards.citi.com/credit-cards/citi-thankyou-premier-card/
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18424
"This is a funny article. This kid is riding around talking to people who don't want to sell. If they wanted to sell, they'd call a realtor. Sounds like he can't afford what's already on the market. 23-year-olds typically don't own. This is the flip side of the ""wealth effect."" The middle class housing has appre...
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18436
Dollar cost averaging is an great way to diversify your investment risk. There's mainly 2 things you want to achieve when you're saving for retirement: 1) Keep your principal investment; 2) Grow it. The best methods recommended by most financial institutions are as follows: 1) Diversification; 2) Re-balance. There ...
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18437
Well, to be fair, they weren't really being patent trolls, which I understand to be entities that sit on patents for stuff that was never produced, just waiting for someone to produce it so that they can sue them. LEGO may have been unjustified in trying to hold onto their designs (I'm guessing through trying to justi...
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18440
The Coinage Act of 1792 of the Continental Congress established that the lowest money of account for the United States is one-thousandth (1/1000) of a dollar. This sub-unit is the mille (also written mil, mill). Other sub-units given by the act are the disme for one-tenth (1/10) of a dollar (for which, etymologically,...
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18449
"It's all about access to capital: You can borrow against 401ks up to an extent. You can borrow against CDs outside of tax sheltered retirement plans. You can't borrow against an IRA, although there is a situation with a very small time frame that would still be state sanctioned with no tax penalties. I wouldn't recomm...
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18452
Didn't a recent UW study show exactly the opposite? And another from UC Berkeley found the unemployment rate was lower because of the law? I mean, the seattle area has a 3.3% unemployment rate and restaurants employment, which was supposed to be hardest hit, is up.
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18468
What value? It's bits and bytes. It's a mechanism for exchange, but so were beaver pelts. There's literally zero value because it's backed by absolutely nothing other than the full faith and credit of... what, the internet? It's a huge joke. People are putting their stock in it, but there was a front page story ju...
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18483
There's an excellent new service called SelfScore that offers US credit cards to international students. They work with students without a credit history and even without an SSN by using other qualifying factors such as major, financial resources in their home country, and employability upon graduation. Worth clarifyin...
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18485
This creates incentive for the employee to contribute more and increases the funds under management of the 401(k) plan. The size of the plan influences the fees that are charged in each of the funds offered. (The more assets under management, the better for those in the plan.) More importantly, 401(k) plans are not all...
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18490
"This question was asked over at wilmott.com which is a site for quantitative analysts. Some of the finest minds in the business (I am serious here) pondered the question. the best answer was along the lines of: ""A Gambler generally gambles their own money, a derivatives trader gambles using someone else's"". There i...
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18502
"How on earth can you possibly know what is going on in individual company X? The sole exception is if it is your own company. The stock markets of the world are in fact a nest of sharks. The big sharks essentially make money out of the little sharks. Some little sharks manage not to be eaten, and grow bigger. Good...
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18509
Basically, any time someone claims they put money into your bank account, or send you a check, or something similar, and then asks you to send money to someone else, it is a scam. What you need to do: 1. Under no circumstances whatsoever must you ever send money to anyone. 2. Talk to your bank and ask them for advice. ...
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18519
It is not the requester's responsibility to guaranty that the bidders make a profit. Masdar is sovereign wealth money and their interests are not 100% aligned with the profit motive. Winning big projects, keeping the pipeline full and having sufficient market penetration in their backyard is important too.
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18532
Every time you buy or sell a share for some price, somebody must have thought that that was exactly the right moment to sell or buy that share at that price (and to trade with you). Every time a trade is made, both sides think they are doing the smart thing. Most of the time, one will turn out to be wrong, the other ri...
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18539
Here are the general guidelines on what you should report and pay - but the overall rule is that if it's not a business-related cost then you can't claim it. In your example, a client meeting may warrant a claim for 'entertaining clients' which could be claimed as a business cost - but buying yourself a coffee to get o...
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18545
Because more than a few utility companies have overcharged me in the past, and with online banking they can automatically deduct from my account. With a check I can control how much I pay them. It's much easier to fight a charge when they don't already have your money.
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18551
Subprime Auto Loan Defaults on the Rise [https://youtu.be/4XrdNmgon2c] Jul 30, 2017 Bill Black the white collar criminologist says It is a very severe problem for consumers who are going to lose not only their cars, but their credit ratings
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18552
I wasn't going to come out and say that, but you're right. We all know if he does come out with something it will be that we need to make it cheaper to hire people. Now we'll have a bunch of people who have jobs, but are still below the poverty line. He's replacing one problem (unemployment) with another (even more ra...
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18570
Don't overthink it. As an employee, whether of your own corporation or of someone else, you get a salary and there are deductions taken out. As the owner of a business you get (hopefully) business profits as well. And, in general, you often have other sources of income from investments, etc. Your estimated tax payments...
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18598
Trade work has a stigma associated with it. Many millenials believe that a college degree is required to get a decent salaried job in this market. That mindset is understandable. After all, why would you voluntarily pay tens of thousands in tuition and tens of thousands more in loans if it didn't lead to getting a hi...
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18631
As much as people on the internet and ZH-like blogs like to harp on auto deliquencies and other narrow metrics as broader statements about how life around us is all a sham, I feel this article does a good job at discussing the mitigants here. Notably: 1) that the sub-prime auto market is rather small, so while delinqu...
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18647
One possibility that I use: I set up an LLC and get paid through that entity. Then I set up a payroll service through Bank of America and set up direct deposit so that it is free. I pay myself at 70% of my hourly rate based on the number of hours I work, and the payroll service does all the calculations for me and set...
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18663
Custom baby boxes are available in the market because people like to have customizable baby packaging for keeping the various goods. You can have packaging of various sizes, styles and shapes such as polka dot boxes are considered best for this purpose because these provide soothing effects to the eyes and look decent ...
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18671
Despite a fair number of views, no one besides @mbhunter answered, so I'll gather the findings of my own research here. Hopefully, this will help others in similar situations. If you spot any errors, please let me know!
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18673
This thread just depressed the hell out of me. I'm a junior year finance major in college. And I was barely able answer half these questions. Can someone enlighten me to some resources I can study so I don't embarrass myself during my upcoming summer internship interview. Maybe with a little bit of preference to ve...
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18675
"It is not clear when you mean ""company's directors"" are they also majority owners. There are several reasons for Buy; Similarly there are enough reasons for sell; Quite often the exact reasons for Buy or Sell are not known and hence blindly following that strategy is not useful. It can be one of the inputs to ...
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18685
"Let's talk innovation. You say that 80% of people will provide 100% of societies needs. Perhaps. But what about society's desires? Why, some of the finest minds in business are working and investing right now to exploit the natural resources of outer space. Tourism, mining, transport, why the sky is no longer the lim...
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18689
Yahoo Finance provides the proper closing price. HP's historical data around the split date can be found here. The open, high and low of the day are wrong prior the split, but the closing price is right and for HP, it was $26.96 USD. The next day the closing price was $13.83 USD.
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18696
"I've only really seen the social network so i'm no expert. Didn't he only get noticed because he made the other website, so in a roundabout way he only get ""lucky"" because he did something out of the normal. If he didn't do that other website he'd never have been noticed, so i guess we need to ask is it luck that ...
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18702
In the UK we've been able to order groceries online for years. Its always surprising when otherwise forward countries can't. We have two systems, straight to our door; or, click and collect where you choose a pick up time and go to the store where they hand you your shopping. The second one is useful for me so I can ...
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18703
The Dems use to use fiscal years (October 2008 through september 2009) to put all the big first year Obama expenses under bush (tarp but not the tarp repayment, the bailouts, and stimulus). Now that they want to show decline, they must be including the bailouts and stimulus under Obama.
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18706
"One problem is the ""apple"" or ""PC"" solutions that exist now... you must be on the net to use system A or B or it stops working You have to subscribe to get system A or continuously use lube A+(ala printer fluid) for your cyberlimbs... You can only use amazoon net to read your daily new/upgrades/required. You ar...
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18724
I am assuming you are an NRI from tax perspective. Any income NRI earns is non-taxable in India. It is irrelevant whether the funds were transferred to India or not and whether they were transferred to NRO or NRE account is not relevant.
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18726
Really? Care to back up your claim there? Most employers are looking for MBAs. Please explain why - although the competition is doing EXACTLY THAT! you wouldn't want to be on the same level. I got it dude, you may have graduated a few years back (like me) when things were different and they wanted experience first,...
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18727
Will 2 millions dollars check to be cash? Will a bank convert a check to cash? In my experience, no. Even for small checks. Unless you happen to have a VERY good relationship with your banker (read as: have an existing large bank balance.) The exception is if you go to the bank the check is drawn on. But even t...
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18733
I sell electricity. When I send you a bill, my actual profit makes up a tiny portion of the bill - but I've already paid the four other groups (G, T, D, Gov) and my other costs are what they are. If I don't get paid, that's my problem - the generator got paid, the transmission and distribution companies get paid, and t...
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18738
Perhaps your view of the world should be *more* calloused? It seems like you think the world owes you something...it doesn't owe you shit. You could die in a ditch and the world wouldn't give 2 shits. Maybe the world IS calloused; has that crossed your mind? Have you traveled outside of the college campuses in North...
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18741
Everyone likes to hate on AT&T, but really, all the major four brands are the same. I get the same amount of dropped calls on both Verizion and AT&T to be honest. I feel like Sprint charges a bit more, but they don't have a cap on their data plans, so if you do multiple GB per month they are the best choice. ...
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18749
I'd add that bigger banks tend to have experience doing more complicated things. As an example, my local credit union (~12 offices), simply didn't have the software to wire money to a Canadian bank, as where Chase did. The Canadian routing number wasn't in the format of a US institution, and their software user interf...
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18750
I don't think you can always assume a 12-month time horizon. Sometimes, the analyst's comments might provide some color on what kind of a time horizon they're thinking of, but it might be quite vague.
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18772
The fifth in our series of blogs on what keeps retail CIOs awake at night focuses on the big question of ’out of the box’ or customisation. The classic question for an Retail IT Director a generation ago was whether to buy or build a retail software solutions. Traditional IT departments were structured typically with ...
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18790
One of the main tax loopholes more readily available to the wealthy in the U.S. is the fact that long-term capital gains are taxed at a much lower rate. Certainly, people making less than $250,000/year can take advantage of this as well, but the fact is that people making, say, $60,000/year likely have a much smaller p...
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18792
"You are confining the way you and the other co-founders are paid for guaranteeing the loan to capital shares. Trying to determine payments by equity distribution is hard. It is a practice that many small companies particularly the ones in their initial stage fall into. I always advise against trying to make payments w...
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18805
The CBOE had a great article on this. I will search for it and edit. The normal dividends are not adjusted. Which is why you see early exercise of just out of the money options sometimes. To get that dividend. A special dividend, say a $50 stock with $1/yr dividend but now has a $3 one time dividend would likely result...
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18819
Company culture is about the employees, not objects or events. If you look for good, friendly co-workers who can communicate, you'll have less problems with mean people who make work suck. If work doesn't suck and you enjoy being there, then it'll seem like less of a chore and you'll want to spend time there and be cre...
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18832
"Just to add about using debit card as ""credit"" vs ""debit"" way: In addition to the difference of having to enter the PIN when using ""debit"" mode (vs having to sign in ""credit"" mode), for stores that offer cash back (i.e. get cash out of your account at the same time as paying), you can only get cash back when u...
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18844
This is either laundering money or laundering non-money. All the other answers point out how a cheque or bank transfer will take days to actually clear. That is a red herring! There are lots of ways to illegally transfer real money out of existing accounts. Stolen cheque books, stolen banking details (partly in conn...
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18850
The IRS Guidance pertaining to the subject. In general the best I can say is your business expense may be deductible. But it depends on the circumstances and what it is you want to deduct. Travel Taxpayers who travel away from home on business may deduct related expenses, including the cost of reaching their destin...
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18855
"Without knowing what you are trying to achieve - make a bit of pocket money, become financially independent, invest for retirement, learn trading to become a trader - I'll give you a few thoughts ... The difficulty you will have trading with $400-600 is that brokerage will be a high proportion of your ""profits"". I'...
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18889
Yes. The S-Corp can deduct up to the amount it actually incurred in expenses. If your actual expenses to build the carport were $1000, then the $1000 would be deductible, and your business should be able to show $1000 in receipts or inventory changes. Note you cannot deduct beyond your actual expenses even if you would...
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