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31161
Spoken like a true conspiracy theorist. More realistically, the conservative audience includes a spectrum of people and viewpoints, so Fox includes a spectrum of people and viewpoints. While that spectrum all tends to fall into the conservative portion of the greater spectrum, it includes a range of people, as I said,...
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31182
A trust is a financial arrangement to put aside money over a period of time (typically years), for a specific purpose to benefit someone. Two purposes of trusts are 1) providing for retirement and 2) providing for a child or minor. There are three parties to a trust: 1) A grantor, the person who establishes and funds a...
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31185
That is exactly the problem people aren't seeing. Automation. It makes things cheaper and more reliable than people. It also cuts the man hours needed down to a small fraction of what it was before. There haven't been enough new jobs created to make up for the jobs lost from automation. In a perfect world, we would al...
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31189
"It is typically best to pay minimum payments to 2 of the loans and pay aggressively on the third loan. Some will tell you to pay the highest interest rate loan off first because ""personal finance"" is about ""finance"" and mathematically that saves you the most interest. Some will tell you to pay the smallest balance...
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31204
">I think you are confusing ""understands technology"" with ""is technology guru"" or ""technology visionary"". Nope. I don't think Sculley really fits in ANY of those categories. He's a marketer & speaker -- he learns just enough of the **buzzwords & jargon** to make it SOUND as if he knows what is going...
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31212
"here is what I don't get . . .when they say ""Unwind"" does it mean put a corkscrew up their ass and twist? because if they mean sell it back int the market, the problem was that there was no market and thats why it ended up on the Feds balance sheet. There is still no market for those Toxic assets . . . so does that...
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31221
That's tricky, actually. First, as the section 1015 that you've referred to in your other question says - you take the lowest of the fair market value or the actual donor basis. Why is it important? Consider these examples: So, if the relative bought you a brand new car and you're the first title holder (i.e.: the rela...
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31224
Putting 64% of a portfolio in gold and silver is pretty reckless from an investing standpoint. That being said, if he really did buy most of the stocks in 2002, he's probably made a good deal of money off these picks.
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31242
Many people have criticized the Groupon IPO model because it doesn't make sense as an investment, unless you are an insider with cheap shares. Basically, you have:
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31244
There's really not a simple yes/no answer. It depends on whether you're doing short term trading or long term investing. In the short term, it's not much different from sports betting (and would be almost an exact match if the bettors also got a percentage of the team's ticket sales), In the long term, though, your p...
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31275
I live downtown in a pretty big city where taxis (or car2go) are the dominant form of public transportation. Fuck taxis. After dealing with them for years, I hate them. They're always driven by shitheads from Somalia who are always rude, they and their cars stink to hell, they're always yelling on the phone in Arab...
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31301
Is it common in the US not to pay medical bills? Or do I misunderstood what had been said? There has definitely been a misunderstanding as it is not that common for people to not pay medical bills. Yes, there are those that cannot afford to pay them, and that does contribute to increasing prices, but overall people do ...
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31319
The thing is, one of the primary reasons tickets cost so much (the entire price including fees) is because the bands require more money than ever. Competing ticket vendors usually only cost a few dollars less than Ticketmaster. So, there's not really much of an alternative (on the whole ... I'm sure some bands out ther...
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31330
Have you owned the stock for longer than 2015? The stock appears to have grown in value since December 2014 from 72.85 to 73.5 which is about 0.89% growth in the year to date (2015).
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31331
"I think the claim is that you shouldn't buy a house expecting it to increase in value as you would a stock portfolio. OTOH if you are looking at it from the stand point of ""I need housing, mortgage payments and rent are comparable and I build equity if I buy a house rather then rent"" that's potentiality a very diffe...
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31337
It's very sustainable. Let's say the Typical subscribing user stays on for 20 months at $20 a month, means that the LTV of a paying tinder user is $400. Tinder even has a pyramid pricing, charging older users more in addition to their Super Premium gold users. In app purchases of super-likes and blasts. And ad re...
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31340
Take your problem-solving skills to the next level while learning to build. Game design courses allow students to create their own unique virtual worlds with blocks of material mined from the ground. Children interested in games, such as video or computer games, and how they work may enjoy attending some Game Design Pr...
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31343
"I think you're missing a fixed and variable breakout cost per unit here. Fixed costs per unit decrease as volume rises. If you think VC and equity peeps would throw down bills to a company who can't reasonably argue or support a cash generating model, you're likely mistaken. Uber's infrastructure and rapid scaling ar...
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31365
"LOL!!!! A BBC report about ""hate crime"" only listing attacks on migrants, but does not list attacks on Germans. **Bottom line: Germany needed those migrants like it needed a bullet in its head. Meanwhile, Japan, Poland, Hungary, Norway, etc have not issue to deal with and they are doing just fine.**"
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31374
I think he is saying that the vote was not the reform needed. Some of you will be too young to understand but my only class action that I was in was Blockbuster. I ended up with like $1.45. If I had to guess I would spend about 20-50 bucks a month in late fees. Sometimes it was my fault because if I missed the weird ti...
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31376
I think Jobs had an impact based on his ideas, if you look at Apple under Scully and then again when Jobs came back there was a clear difference. The real test will be what happens to Apple now that he's gone for good.
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31377
"In the UK there is a School Rewards System used in many schools to teach kids and teens about finance and economy. In the UK there is a framework for schools called ""Every Child Matters"" in which ‘achieving economic well-being’ is an important element. I think is important to offer to offer a real-life vehicle for ...
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31382
Don't worry about your Smith & Wesson shares. Sooner or later, some nut will shoot up a gun-free zone, then everyone will run off to by guns & ammo before the government comes to take them all. It's gotten sadly predictable.
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31413
"If you do it, be sure to read what you sign. They'll sign you up on some type of ""credit insurance"" and not tell you about it. It costs like $10 a month. If you don't sign up for that, you should be fine. I bought my HDTV this way, though I wish I would have saved and paid up front. I'm moving more towards the ""cas...
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31432
The time when you might want to do this is if you think BBY is undervalued already. If you'd be happy buying the stock now, you'd be happy buying it lower (at the strike price of the put option you sold). If the stock doesn't go down, you win. If it does, you still win, because you get the stock at the strike price....
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31452
Also I don't need to put up as much money, and since I am a college student, that allows me to conserve capital, but still diversify into that market. I am still reading up on them before I jump in, but these securities fascinate me.
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31462
"In asnwer to your questions: As @joetaxpayer said, you really should look into a Solo 401(k). In 2017, this allows you to contribute up to $18k/year and your employer (the LLC) to contribute more, up to $54k/year total (subject to IRS rules). 401(k) usually have ROTH and traditional sides, just like IRA. I believe the...
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31465
"Honestly, I wonder if the other answerers aren't overthinking it. Their answers are detailed and correct, but what your coach may be saying is this: When you have bought a stock, on cash or margin, and you are watching it rise you are evaluating when you sell on the price of the stock you are seeing. In reality, you s...
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31471
The Child Care Expense Deduction (line 214) dollar limits will each increase by $1000, to new amounts of $8000 for children under 7 and $5000 for children age 7–16. Notes: As a tax deduction, your tax liability gets reduced at your marginal income tax rate, not the lowest tax rate (as would be the case for a tax credit...
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31477
The collectible value of coins will probably increase with the underlying metal value. I'd collect coins for that reason and because I enjoy collecting them. I wouldn't recommend buying bags of rolled nickels or anything though.
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31483
If you have non-salary income, you might be required to file 1040ES estimated tax for the next year on a quarterly basis. You can instead pay some or all in advance from your previous year's refund. In theory, you lose the interest you might have made by holding that money for a few months. In practice it might be wort...
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31509
"I think what you are looking for is a secured credit card. They are mostly used by people who have ruined their credit and want to rebuild it, but it might also serve your purpose. Essentially you deposit some money in an account and the credit card can be used up to the amount left in the account. Each month when yo...
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31512
It is through a vendor leasing to a provider(99% coverage lol). Our municipality does not allow private entities to attach to the fixtures so that puts me in the cats seat. They will be metering their own electric so that is not a problem. You seem to be pretty knowledgeable, would it benefit me to argue for yearl...
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31516
You can take a look at EDGAR (Electronic Data Gathering, Analysis, and Retrieval), a big database run by the SEC where all companies, foreign and domestic, are required to file registration statements, periodic reports, and other forms electronically.
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31525
Oh, don't expect us to take sides, we love both our parents the same! As to the pragmatic decision making - simple math. The disagreement is whether to pay off the HELOC or to invest into the mutual fund instead. Well, check the yield of the fund, compare to the costs of keeping the HELOC balance, and see which one mak...
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31538
Well, which is it? Police or Fire? >Police and Fire You are either one or the other, not both. And NEITHER is really among the most dangerous jobs (yes there are police forces in certain locales that have higher than average death & disability rates, but for the majority of the country, the rates are actuall...
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31542
"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/08/17/a-gary-cohn-resignation-would-crash-the-markets-jeffrey-sonnenfeld.html) reduced by 66%. (I'm a bot) ***** > The New York Times reported Wednesday that Cohn, who is Jewish, was "Upset" and "Disgusted"...
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31550
"There are two types of insurance: whole life and term. I don't recommend whole life insurance, because you are insuring against something that will happen, your death. Maybe you could buy it if members of your family have a history of outliving the averages. This is called ""adverse selection."" Term is different: it ...
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31565
The days are long gone when offered mortgages were simply based on salary multiples. These days it's all about affordability, taking into account all incomes and all outgoings. Different lenders will have different rules about what they do and don't accept as incomes; these rules may even vary per-product within the sa...
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31574
Yes. The investment world is extremely fast-paced and competitive. There are loads of professional traders with supercomputers working day in and day out to make smarter, faster trade decisions than you. If you try to compete with them, there’s a better than fair chance you’ll lose precious time and money, which kind ...
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31575
Maybe this just me, but learn to talk like an adult. I know it sounds like an insult to say this, but many interns where I work speak very casually, say 'like' frequently, and end all their sentences with an upturn, like a question. I've worked many suit type jobs, and I find that young people are taken more seriousl...
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31581
When interest rates rise, the price of bonds fall because bonds have a fixed coupon rate, and since the interest rate has risen, the bond's rate is now lower than what you can get on the market, so it's price falls because it's now less valuable. Bonds diversify your portfolio as they are considered safer than stocks a...
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31582
400 games a day are released in the app stores. There will always be random small games that find success but the vast majority of devs without diversified portfolios and cash flow will fail quickly. It's like any other entertainment industry with way more music tracks/movies/games than demand. It's incredibly risky (n...
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31585
"Ok, I was being a bit rhetorical, sorry, it failed to come across. I know there are other firms, but I have never seen anyone say ""ex-Bain people"". Is McKinsey sort of used like you just used google, not to refer to the company but as a type of thing (google = search engines; McKinsey = management consultants)?"
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31587
Exchange traded options are issued in a way that there is no counter party risk. Consider, stocks and options are held in street name. So, for example, if I am short and you are long shares, no matter what happens on my end, your shares are yours. To be complete, it's possible to enter into a direct deal, where you h...
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31603
The balance is the amount due.
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31608
The problem I have with all this is won those tours against EVERYONE ELSE WHO WAS ALSO DOPING. I'm not sure he gained a competitive advantage when the entire field was also doping. Lewis Blacks rant on John Stewart earlier this week was spot on.
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31631
This article leaves quite a bit of information out, I gather. Poorly written. How many corporations is he getting paid from? What were the terms of the agreement? It sounds like Kiyosaki himself isn't going bankrupt, it sounds like some small, off-shoot is taking the brunt of the damages so the rest of his assets can m...
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31643
>> Why would the executives take accept a salary at 80% of the market wage when they could just get a job at 100% of the market wage. >This may be true for managers, but research has found little to no evidence of a relationship between executive pay and performance. If that were true, the company shareholde...
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31660
"So? In the past, if you did not know, only 2% of the population had bachelor degrees. You know very well that, unless you physically drop from high school, you will graduate, even if you can barely read, write or answer ""if you drive 70 MPH, how long does it take to drive 70 miles?"" And as a former professor in th...
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31663
Those folks should be introduced to some real estate folks I know, they'd get along famously, being as how they still think it's 2007. The amount of housing out there requires that a large market of consumers is available to purchase them. If housing prices rose infinitely ahead of salaries, the market for potential bu...
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31664
"If they made deposits 20 years ago, and none since, the S&P is up over 300% since then. i.e. a return of $40,000 on $10,000 invested. We wouldn't expect to see that full return, as a prudent mix of stock and bonds (or any treasury bills/CDs, etc) would lower the overall return during this period. Advice ""Transfer th...
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31665
You can but there is no point trading CFD's seeing you may still lose more than your investment due to slippage
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31694
If I understand you right, people are giving the LLC money for an ownership share. That is NOT income - it would go under equity on the balance sheet. It is analogous to getting a loan from the bank. It is not income - you get cash (an asset) and have an increase to debt (a liability)
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31697
Alright business types, how is facebook worth anywhere near 24B? Where is this revenue coming from? Also, how are they so sure facebook isn't going to be the next myspace, given how fickle the population is and how many people are already fed up with facebook to the point where they have closed accounts?
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31699
In reference to the original question: You put pretax (untaxed) money into an IRA. If this was a rollover from a company plan (like a 401k), your company may have also put pretax dollars in. As the account grows, you get gains on all of this money. The government gives you this amazing deal because they want you to ...
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31703
It depends what you want to do with them. If you are just simply going to drip-feed into pre-identified shares or ETFs every few months at the market price, you don't need fancy features: just go with whoever is cheaper. You can always open another account later if you need something more exotic. Some brokerages are...
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31704
This answer fills in some of the details you are unsure about, since I'm further along than you. I bought the ESPP shares in 2012. I didn't sell immediately, but in 2015, so I qualify for the long-term capital gains rate. Here's how it was reported: The 15% discount was reported on a W2 as it was also mentioned twice...
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31731
Sounds like there are a lot of smarts behind that young brain. Or does he have the right people working for him? Does anyone think he will turn into a typical young hollywood icon? Burned out, drugged up, and done with everything by 24?
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31737
omg, finally! I really did not feel like going through the whole anti-process. That would have been a cluster I swear. Can someone send this to google or apple? PS pro tip, if this can make to the DoJ's desk pick up those netflix shares since after breaking these two up Netflix will finally earn a real margin.
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31779
Vanguard offers an index fund. Their FTSE Social Index Fund. For more information on it, go here.
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31793
Depends whom the 1099 was issued to. If it was issued to your corporation - then its your corporation's income, not yours. Why would it go to your tax return? Your corporation and you are two separate legal entities. You will have to file the 1120S, whether you have corporate income or not, it has to be filed each year...
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31801
There are really two answers, depending on your goal. You're either trying to preserve wealth, or increase wealth. In the case of preserving wealth, undervalued blue chip stocks are always a great move. Bonus points if they have a history of increasing dividend payments. The best example I have is bank stocks - the con...
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31832
"If I recall, Duke and Dynergy were both heavily involved in the Enron-style defrauding of California back in the late 90s where they'd split their business into various ""independent"" sectors, the parent company would charge sub-companies lots and pass those costs to the division servicing energy to CA while claiming...
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31863
Profit = Sale price - Basis Basis = Purchase price - any depreciation taken, including expensing it.
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31870
He alienated whole countries and races of people. He also alienated more than half of America and he's wondering why no one wants to buy his tacky condos or stay in his sub standard hotels? Moron. His base can't afford to buy those condos or stay at his hotels not till he gets rid those damn immigrants stealing coal j...
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31876
Here is a list of threads in other subreddits about the same content: * [Sales of beer down 3.1% in Germany in the first nine months of 2017](https://www.reddit.com/r/Economics/comments/79nk88/sales_of_beer_down_31_in_germany_in_the_first/) on /r/Economics with 0 karma (created at 2017-10-30 21:04:28 by /u/piaxtla) ...
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31877
Our standard of living is much higher than our grandparent's or great grandparent's. Do we really need to list all the consumer goods that are now considered essential to a modern middle class family that simply did not exist 50-100 years ago? A lot of people complain that they can't afford the things their parents had...
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31911
Yeah, it ends up being a bail out. But then again, the tax payers bailed out the banks during the financial crisis (a crisis that was largely perpetuated by them) so should it be okay not to help bail these homeowners out during an actual natural disaster...
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31933
The Limit Order are matched based on amount and time. The orders are listed Highest to Lowest on the Buy Side. The orders are listed Lowest to Highest on the Sell Side. If there are 2 Sell orders for same amount the order which is first in time [fractions of milliseconds] is first. The about is the example as to how t...
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31936
If you want the cheapest online broker in Australia, you can't go past CMC Markets, they charge $9.90 upto a $10,000 trade and 0.1% above that. There is no ongoing fees unless you choose to have dynamic data (stock prices get updated automatically as they change). However, the dynamic data fee does get waived if you ha...
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31954
"I think Swenson's insight was that the traditional recommendation of 60% stocks plus 40% bonds has two serious flaws: 1) You are exposed to way too much risk by having a portfolio that is so strongly tied to US equities (especially in the way it has historically been recommend). 2) You have too little reward by invest...
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31978
The following have been recommended to me for the UK: When I was doing my investigations, all had good reputations but Interactive Investor looked to have the nicer service and their fees seemed a bit more reasonable. TD Waterhouse has the advantage of a number of sites serving local markets (TD Ameritrade for the US,...
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31985
I was in Mexico after The Donald got elected. Mexicans were friendly with me but definitely uneasy. Hopefully the ones I talked to about Trump were put at ease when I said he is just full of hot air and not much else. So far, that's the case.
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32005
I had a similar decision to make. I got offered a modest salary near Philly, or a better salary plus a nice bonus in New York. I chose New York. I'm loving it so far but who knows what will happen. I'm actually saving a lot of money as I automatically have it deduct from my paycheck and disperse into several savings ac...
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32009
"So many complicated answers for a straight forward question. First to this point ""I am failing to see why would a person get an IRA, instead of just putting the same amount of money into a mutual fund..."" An IRA can be invested in a mutual fund. The IRA benefit over standard mutual fund is pre-tax contribution lowe...
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32010
Be serious about delivering value in everything. Be serious about answering your emails. Be serious about returning your voice messages. Be serious about delivering positive results. Be serious about treating clients like they are actually paying your salary. Be serious about tracking metrics. Be serious about putting ...
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32022
The closer the contribution is to the December 31st date, the more profitable that specific contribution is, only taking into consideration the 5% discount. On your case, the first contribution that beats your student loans interest rate is the August one, where you get about 9% annual return, the remaining contributio...
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32023
"Sensitive topic ;) Inflation is a consequence of the mismatch between supply and demand. In an ideal world the amount of goods available would exactly match the demand for those goods. We don't live in an ideal world. One example of oversupply is dollar stores where you can buy remainders from companies that misjud...
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32024
It's not totally serious, but it's an interesting solution to the problem. You pay them in equity into a trust that then has some operational control. Meaning they are being compensated for their labor and have their sentience acknowledged. This would mean they merit more reasonable accommodations since they're empl...
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32040
Firstly it is completely legal for a company to buy its own shares, I don't believe it would be legal to do so secretly. It would also be very difficult to do that secretly. So hypothetically we have a company Johnbbob Inc. It doesn't have any assets other than $100 in a bank account and there are 100 shares each own...
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32043
"People borrow money all the time to buy a house. Banks will lend money on one (up to 80%, sometimes more), because they consider it an ""investment."" If you own a large company and want to expand, a bank or bond issuer will first look at what you plan to do with the money, like build new factories, or whatever. Based...
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32054
She might change her mind later on in her career. My background's in consulting rather than IBD, but having a prestigious name on my resume seems to make a significant difference. I'm currently looking at moving, and am surprised by the number of roles that are only open to candidates with MBB experience...
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32057
You need to first visit the website of whatever state you're looking to rent the property in and you're going to want to form the LLC in that particular state. Find the Department of Licensing link and inquire about forming a standard LLC to register as the owner of the property and you should easily see how much it co...
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32064
That might happen if this incident leads to a deflationary demand for consumer credit instruments in the US to approaching Third World penetration levels. Ironic, as the consumer credit industry is spending gigadollars trying to spark the same consumer credit frenzy in those countries. The demographics are already pri...
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32066
Get a BMO US Mastercard and pay everything using that Mastercard? Unless you really have to pay using Chequing and Savings account.
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32070
There is still public education in California, even if it is declining. Single payer healthcare can also run into the same issue or declining funding. Prop 13 in California is a disaster, enriching the elderly at the expense of the young. Millennials copped it twice, with lower quality education through schoo...
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32072
I don't think anyone can give you a definitive answer without knowing all about your situation, but some things to consider: If you are on a 1099, you have to pay self-employment tax, while on a W-2 you do not. That is, social security tax is 12.4% of your income. If you're a 1099, you pay the full 12.4%. If you're W-2...
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32092
I am not sure about your country but I think each country must be having some fixed time frame for reversal of the transaction (Which must be less than a month), please inquire if that time limit has passed or not ? If it hasn't best will be to wait for some more time before informing them. Once the reversal time limi...
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32097
"> But I explicitly mentioned the customer experience, which is completely different and no matter how much you want your industry experience to matter for that, it doesn't affect it. You mentioned the customer experience randomly in some parts, then threw in Wikileaks in others. If we're talking about the customer...
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32102
Get involved a lawyer and Accountant. Without it you may not be sure what you are getting. What exactly will 30% mean for me? It will mean exactly what gets written in contract. It can mean you are owner of 30% of the company. If this is structured as partnership, it would also mean you are party to 30% loss. It can me...
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32127
"Came across this very nice video which explains the ""Long Straddle"". Thought will share the link here: http://www.khanacademy.org/finance-economics/core-finance/v/long-straddle"
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32131
I get CapIQ and Bloomberg, and I definitely prefer Bloomberg just because of the completeness of information. There's nowhere else that you can get a full financial statement breakdown and then seconds later have a debt distribution schedule and then with another couple keystrokes get a complete credit ratings history ...
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32138
If you look at S&P 500's closing price for the first trading day on December and January for the last 20 years, you will see that for 10 of these years, stocks did better overall and for 10 others they did worse. Thus you can see that the price of stocks do no necessarily increase. You can play around with the data her...
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32141
"> http://www.economist.com/node/654077 I appreciate the link but it doesn't support your position that rich descendants squander their fortunes. It repeats your ""shirtsleeve"" saying (evening admitting it is only a saying) and then talks about how it is easier for Americans to invest and preserve that wealth. &...
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32143
>I would also imagine the Latinos you see are american Some are. Many almost definitely aren't. Whatever their immigration status, they've all been exposed to good burritos. Some people simply care more about food/flavor than other people. Interesting about Minneapolis! I had no idea. MN in general seems like a n...
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32172
"Mutual funds generally make distributions once a year in December with the exact date (and the estimated amount) usually being made public in late October or November. Generally, the estimated amounts can get updated as time goes on, but the date does not change. Some funds (money market, bond funds, GNMA funds etc) d...
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32177
If you can borrow for an asset that gives you income that's more than the cost of carrying the debt, then go for it. But the kinds of debts you have now aren't those kinds of debt, so get rid of them.
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32182
What is it that you think he is producing? He sells timeshares. If he quit selling timeshares someone else would. Maybe someone who thinks making 25% is good enough. That's how business works. It is why when you arrest one drug king pin 3 more pop up. Maybe even an employee at the current company.
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32198
Except they aren't a publicly traded company so their stock price is based on investment valuation. Uber's value may or may not increase due to his resignation, but this sub is so full of armchair experts getting upvoted for half-truths that sound logical.
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