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7403
This will have no effect on your credit score. Even though your credit card account number is changing, it is still the same account, so your history of payments and age of accounts will remain unchanged.
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7404
"Do you know if you were approached by a carrier or a tower vendor? Edit/addendum: As someone in the telecommunications industry, I will say that you should NOT lease to a vendor who will sublease the space to the phone companies for a profit. Depending on the availability of space, the population of the area, and t...
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7411
"Perhaps it's the terminology ""fee"" that makes it a little confusing. I'm not sure whether it's due legislation or if it's tradition but banks and money changers in my country don't charge ""fees"". Instead they advertise separate prices for buying and selling money. For example they'd normally advertise: USD, we buy...
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7423
"If you sell an asset for more than you paid for it, the excess amount realized is called a capital gain and is generally considered a form of income for tax purposes. Generally, one pays income tax on realized capital gains, unless the sale is exempt—such as the sale of one's principal residence. Capital gains tax can...
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7428
> How do I guarantee that people are held liable for damages and/or trying to steal the stuff? Would a credit card number be sufficient? This might belong more in /r/entrepreneur or /r/business, however... you could do a few things: 1. The renter's agreement can (and imo should) include language that obligates the...
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7432
Possibly not relevant to the original asker, but in the UK another advantage of using a credit card is that when making a purchase over £100 and paying by credit card you get additional protection on the purchase which you wouldn't get when paying by debit card. E.g. if you buy something costing £100 and the company go...
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7507
"I lived in Europe for 18 years. I had better care there than in the US for what I paid. Also, under the current system, taxpayers pay more to the government for healthcare than in other countries which have universal healthcare. Additionally, those 46% who don't pay taxes either have shit jobs or can afford a good a...
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7513
"Try it on a Kindle or eBook reader. I used to think this way about eBooks. Was too much of a purist. I'd had experience reading from iPads and computers. It's seriously a huge difference. The Kindle doesn't strain, it's light, can fit in (larger) pockets, and is incredibly handy. The battery life lets it stay on for d...
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7540
Easier to copy paste than type this out. Credit: www.financeformulas.net Note that the present value would be the initial loan amount, which is likely the sale price you noted minus a down payment. The loan payment formula is used to calculate the payments on a loan. The formula used to calculate loan payments is e...
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7560
They offset pay a week. So this year GE employees get paid for 51 weeks. They still get paid for that week, when they stop working, but it just made that one quarter look good by reducing wages by one week. GE digital is mostly rebranding existing projects. They spent more on commercials than actual development. They ...
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7561
The role of the market maker is to make sure there is a bid and ask on a particular stock. That's it. The market maker ensures that there is a price at which you can buy and a price at which you can sell immediately, but these are not necessarily the best prices. The majority of trades do not involve market makers a...
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7568
Depends on the logo and the company. Chrome bags I love, and they put their logo on the buckle and the the bag in a tasteful way. They are cyclist oriented and supportive of the community. One company that I love the products of that advertise too much is Rapha, but on some of their clothes the logo/name is actually bu...
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7575
If given the option of up front or monthly, here are some scenarios where it would be beneficial to pay the lease up front instead of monthly (neither of which are affected by inflation): Barring the above scenarios or some reason you don't want to keep money around (such as if you have some sort of addiction causing y...
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7587
I don't follow that at all, I don't think those are all complete sentences. And do you think there's only one tax bracket? But from your first sentence, it seems like you're saying that the government says it's reducing inequality when it actually isn't. So why are you upset about how they're reducing inequality?
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7593
@Joe.E, I disagree with your logic. The IPO clearly didn't go well--not relative to other IPOs. Were it not for the stocks underwriters stepping in late in the trading day, Facebook would likely have closed below their opening price. This story and others indicate that institution investors were given negative informa...
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7597
So, in general, pay to the higher interest rate. Some contrived reasons you would want to pay your auto loan more could be:
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7603
Personally, I think it's a bad practice, because ultimately using cards for such minuscule transactions raises costs for everyone, especially at merchants whose average transaction is small. How does carrying cash improve your personal security? If someone is going to mug you, they do not know in advance whether you ha...
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7611
I'm normally a fan of trying to put all the relevant info in an answer when possible, but this one's tough to do in one page. Here's the best way, by far to learn the basics: The OIC (Options Industry Council) has a great, free website to teach investors at all levels about options. You can set up a learning path th...
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7619
"The author introduced himself as not being a financial analyst so that, apparently, absolved him of even considering the numbers. The HP presenters struck him as ""straight shooters"". I think he should have just wrote those two sentences and moved on to his next assignment."
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7625
For now, park it in a mix of cash and short term bond funds like the Vanguard Short Term Investment Grade fund. The short term fund will help with the inflation issue. Make sure the cash positions are FDIC insured. Then either educate yourself about investing or start interviewing potential advisors. Look for referrals...
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7632
You should ask a CPA or tax lawyer to what extent living in specific housing provided by the employer as a job requirement is exempt from taxation. You might find a nice surprise. Your tax professional can also help you to report the items properly if mis-reported. Much of this is in the article you cite in the quest...
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7645
> they've cut back on so many expenses it's just not what it used to be My guess is the changes were incremental. Individually each cut back probably didn't seem like a big deal to corporate at the time. But it keeps adding up and create a vicious cycle -- the more cuts they make the crappier their food tastes and ...
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7661
As the population is growing the diseases are also growing on mass levels. There are many vital reasons cold be responsible for occurrence of ailments and disease. Most of them are Viruses which come from pollution, drain and inter nation viral effected diseases, to be named as swine flu and bird flu. Virus is small pa...
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7668
If you are living at home as an adult, then you should be paying your fair share and contributing to the household expenses. You said your parents have loans to pay for that was part of your expenses to go to college. As an adult, you should be paying your parents back for the loans they took out on your behalf. You ar...
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7712
Here is a simple example of how daily leverage fails, when applied over periods longer than a day. It is specifically adjusted to be more extreme than the actual market so you can see the effects more readily. You buy a daily leveraged fund and the index is at 1000. Suddenly the market goes crazy, and goes up to 2000 -...
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7733
Options that are not worth exercising just expire. Options that are worth exercising are typically exercised automatically as they expire, resulting in a transfer of stock between the entity that issued the option and the entity that holds it. OCC options automatically exercise when they expire if the value of the opti...
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7743
"So, yes, you may be having the inevitable epiphany where you realize that options can synthetically replicate the same risk profile of owning stock outright. Allowing you to manipulate risk and circumvent margin requirement differences amongst asset classes. Naked short puts are analogous to a covered call, but may ha...
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7748
"For your first question, the general guidelines I've seen recommended are as follows: As to your second question, portfolio management is something you should familiarize yourself with. If you trust it to other people, don't be surprised when they make ""mistakes"". Remember, they get paid regardless of whether you ...
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7755
The outsourcing was mainly to secure buy contracts from national airlines in subcontracted countries. Give Mitsubishi a few contracts and see JAL and ANA buy a bunch of the new planes. Japanese people get told again and again, through the broadcast networks that act as propaganda machines, that Japanese engineering a...
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7765
Let me tell you about a country called South Korea that was totally devastated after the Korean War, but even though almost everybody was living in poverty after the war, parents made every effort to educate their children, and now South Korea is the 12th largest country by GDP. It isn't the lack of money that is the ...
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7766
Who cares? If your card gets stolen, most cards provide you with 100% liability protection. Just sign the thing!
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7774
Well, you could replace it with.. itself! Microsoft Money Plus Sunset versions The Microsoft Money Plus Sunset versions are replacements for expired versions of Microsoft Money Essentials, Deluxe, Premium, and Home and Business. They allow existing customers to use MoneyPlus to continue accessing their data. Changes to...
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7778
Online shopping trend is a form e-commerce where consumers or retailer buy/sell products on internet in few time and more conveniently. This is the technique which gives flexibility to buy or sell products on internet without visiting so far shops and this technique spreading day by day.
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7796
"Okay, so... > Lifting* the offer (hit bids, lift offers). And I suppose that's a stategy, albeit a somewhat simple one. Passive routing strategies differ from firm to firm and algo to algo. What is your customer going to think if you bid up a new price level only for the stock to rally completely away from it? I ...
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7814
"If you are a ""small"" investor (namely, not an accredited investor), then the transaction costs (commissions) for purchasing the stocks while attempting to duplicate DJIA will defeat any benefit. My personal preference is to purchase mutual funds rather than ETFs."
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7818
Yeah, I get the logic of what you are saying, because his comments are really ambiguous, but his argument is pointing the other way. So what he ACTUALLY means by driving capital overseas is that other countries are seeing greater economic growth overall, and therefore better investment returns (that's why capital is fl...
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7831
I'd suggest waiting until a bit after you are married. To Eagle1's point, even $23,000 is not a huge sum of money. You didn't make any mention of a desire to buy a home, but if that becomes part of the plan, I'd want every cent of liquidity I can get. I wrote Student Loans and Your First Mortgage to explain why your b...
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7835
My theory, if you must be in debit, own it at the least expense possible. The interest you will pay by the end, combined with the future value of money. Example: The Future value of $3000 at an effective interest rate of 5% after 3 years =$3472.88 Present value of $3000 at 5% over 3 years =$2591.51 you will need more m...
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7845
"These days almost all risky assets move together, so the most difficult criterion to match from your 4 will be ""not strongly correlated to the U.S. economy."" However, depending on how you define ""strongly,"" you may want to consider the following: Be careful, you are sort of asking for the impossible here, so thes...
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7882
Well kind of hard to give an answer without seeing the underlying syllabus, but judging by the title of the majors here's what the career paths *might* be. Personal Financial Planning generally leads to a career in financial planning wherein clients come to you and explain to you their future goals and you have to dev...
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7904
I see a lot of comments on reddit from people about how they just bought a house. A lot of people still have a post 2008 bust mindset about the world, ideas such as house values always rise, an education is always worth it, always max out your 401k, etc.
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7925
"That is a great distinction you bring up: Has the Don filed for personal BK or Corp bk? In April of 2011, The Wall Street journal [asked him](http://blogs.wsj.cccom/washwire/2011/04/11/trump-will-probably-run-as-independent-if-he-doesnt-win-gop-nomination/): Should someone who filed for bankruptcy multiple times be r...
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7926
This is interesting. The application I'm putting together is more along the lines of automating the research process for a financial professional using a personal algorithm of his. The end goal is to provide him an alert to email when a new report is filed and if his criteria are met based on that report and past rep...
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7928
I doubt it. If you have a good track record with your car loan, that will count for a lot more than the fact that you don't have it anymore. When you look for a house, your debt load will be lower without the car loan, which may help you get the mortgage you want. Just keep paying your credit card bills on time and you...
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7944
"I added ""Shared money in account"" (SMIA) as sub-account of my bank checking (CA) account and moved current difference to that account so total of CA was not changed but now private and shared money is separated. My cases would be handled the following The only downside I see is that now my balance in CA transaction ...
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7951
~~Most checks don't.~~ Edit: I've definitely seen checks cashed way beyond 90-120 days. I don't have extensive knowledge of the rules though. Regardless, it's not like Floyd magically loses is pay if he doesn't cash the check in time.
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7969
If you don't want to pay much attention to your investments, target date funds -- assuming you find one (like Vanguard's) with no management fees beyond those acquired from the underlying funds -- are usually a great choice: when the target date is far off, they invest almost entirely (usually 90% or so) in (mutual fun...
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7981
"Hey, I hear ya on this situation. I also graduated from a good school (Finance/Comp Sci) with a mediocre GPA and had difficulty securing a full time position in finance. My best advice is to network the shit out of alumni you can connect to through LinkedIn or your schools alumni network homepage. People are MUCH more...
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7989
"This is the best tl;dr I could make, [original](https://www.quantamagazine.org/in-game-theory-no-clear-path-to-equilibrium-20170718/) reduced by 95%. (I'm a bot) ***** > His crucial, yet utterly simple, idea was that any competitive game has a notion of equilibrium: a collection of strategies, one for each player, ...
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7998
ETFs are legally separate from their issuer, so the money invested should (the lines can get blurry in a massive crisis) be inaccessible to any bankruptcy claims. The funds assets (its shares in S&P500 companies) are held by a custodian who also keeps these assets separate from their own book. That said, if no other in...
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8000
If you have any non-mortgage debt – e.g. a credit card, a line of credit, a student loan, or a car loan – then I would pay that down first. The interest being paid on that kind of borrowed money likely exceeds what you could expect to earn in reasonable investments. If you don't have any non-mortgage debt, and your mo...
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8003
Knowing the log return is useful - the log return can help you to work out the annual return over the period it was estimated - and this should be comparable between stocks. One should just be careful with the calculation so that allowance for dividends is made sensibly.
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8012
It is worth noting first that interest and short-term dividends/capital gains are all taxed at the same rate. So all the investments below I mention (even savings accounts) will be taxed at the same rate. Also, even short-term capital losses can often be harvested to reduce your tax rate in many countries. While it is...
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8018
I will answer this question broadly for various jurisdictions, and also specifically for the US, given the OP's tax home: Generally, for any tax jurisdiction If your tax system relies on periodic prepayments through the year, and a final top-up/refund at the end of the year (ie: basically every country), you have 3 the...
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8020
Compared to a regular after tax savings account, there are several downsides of HsA: 1) many many fees by the bank - account opening fee, monthly maintenance fee, etc, up to $70/year 2) early withdrawal fee of now 20% of all the withdrawn monies. If you are in the 35% tax bracket, this will cost you %55 ---- they take ...
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8027
Not really. There are rules against subsidizing markets that inflict injury on like industries among WTO nations. Bombardier is violating that rule by getting subsidies for commercial airliners. Boeing gets government loans for Department Of Defense contracts, but not for commercial jets. Canada has a bad habit of...
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8028
Yeah, there's no story of some kid from Canada uploading a video to YouTube for free and becoming an instant millionaire success. Oh, [wait](http://en.wikipedia.org/wiki/Justin_Bieber). All that aside, you do have a somewhat valid point. Most new artists aren't going to make $1 million in a week releasing their standu...
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8048
I can't even remember the last time I tried buying a shoe at Foot Locker and they actually had my size. No, I don't want you to place an online order for me that I can do myself when I get home.
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8057
Actually, most insurance policies DON'T have a cash value if you don't make a claim. The reason that some life insurance policies do this is that they are really tax sheltered investments posing as insurance. With that in mind, the root of your question is really whether insurance premiums are wasted if you never mak...
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8060
Sounds about right. From [Give Well](http://www.givewell.org/how-we-work/our-criteria/cost-effectiveness): > As of November 2016, the median estimate of our top charities' cost-effectiveness ranged from ~$900 to ~$7,000 per equivalent life saved (a metric we use to compare interventions with different outcomes, suc...
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8063
Not sure if your question is on topic, but the investment is only $9 because that is maximum amount of money the merchant ever needed to start up the business. He put in $9, started turning a profit, and never looked back.
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8082
I am touched that you think I can start a civil war on reddit.  You are a presumptuous fool and completely missed the point.  I did not blame my employers for this country's oppressive monetary system.  They did not design it, and they also struggle under it.  Your incapacity for empathy of people who were not born luc...
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8088
Only having 1200 dollars sounds extremely dangerous and in my opinion is not a sound situation to intentionally put yourself into. You have what, 11k total? That is roughly a rainy day fund, depending on your expenses and clarity of cash flow. I think you should keep that money in the bank as your new baseline. At le...
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8100
Exactly. Target has one of the most sophisticated IT/Inventory Management systems in the retail industry. They definitely knew about this and chose to allow it. The fact that they renewed the deal, after it expired, with the same terms is further proof that they were OK with this behavior.
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8119
Right because there aren't any electric cars in existence other than the Tesla. Last time I checked there are at least 3 of them out there priced for normal consumption. Either way your argument was already iterated in my comment if you had bothered to read it.
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8126
Navy Federal Credit Union recently added this feature. It is free for members making a deposit to their personal checking account, though you have to be a member for at least 90 days to be eligible. I have an all-in-one printer with flatbed scanner and availed myself of the service a couple of days ago. There wasn't...
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8129
When you want to hire personal assistants, you must be sure that you are hiring in a trusted company or the person you talk to have been proven by a lot of people. You must be wise in choosing one because these people will handle some of your personal things and data.
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8135
The charts suggest otherwise. Although most of the large gains were wiped out in 2008 and 2011, that doesn't include the substantial dividends you are likely to get with financials. They still returned a positive percentage and some outperformed benchmark indices over time. But hey, don't let your bias get in the way...
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8151
">"" I think we can all agree people are not a commodity that is valued in dollars."" I don't agree with that statment. Ever read an economics textbook? There are three [factors of production](https://en.wikipedia.org/wiki/Factors_of_production) Land, Labor, and Capital. Labor (ie. people) are a commodity that are ...
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8163
Republican voters need to stop thinking that the GOP supports small business. In fact they dont, they work agressively to margnialize small business because small businesses dont have the political clout that large multinationals do. What happens in this scenario? You the small busienss owner end up subdiziding the cos...
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8177
There are several ways that the issuers profit from CFDs. If the broker has trades on both sides (buy and sell) they can net the volumes off against each other and profit off the spread whilst using the posted margins to cover p&l from both sides. Because settlement for most securities is not on the same day that the o...
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8186
I'm looking for another one right now. Here's what I've found: Los Alamos National Bank (www.lanb.com) has tokens ($5?), but I think they only open accounts for New Mexico residents. I've had one for several years. USAA Savings Bank (usaa.com) has tokens ($5 or free, I don't remember). I'm pretty sure you do NOT need t...
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8200
Capital is an Asset. Decreasing value of capital is the decreasing value of an asset. When you buy the forex asset * DR Forex Asset * CR Cash When you sell * DR Cash * CR Forex Asset The difference is now accounted for Here is how: Gains (and losses) are modifications to your financial position (Balance sheet). At the...
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8209
It was about a decade between splitting consulting off and the IPO, including 3 years of legal action to allow the consulting branch to become a fully independent entity, and the partners on each side were not exactly best friends during that time. Not exactly a quick money grab. (also please note that Andersen created...
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8237
Since nobody seems to have an answer here is the list I've came up so far: I'll keep adding to the list - also feel free to edit or comment if can add to the list.
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8241
"notably spending money on PR and advertising to sell the narrative that the ""liberal/communist"" president is going to take guns away so ignorant and gullible retards go out to buy them ""before it's too late."". Every democratic president is an opportunity in the eyes of the gun lobby regardless of what the actual p...
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8252
In some places government grants exist to provide safe places in communities. Angel Investors, SCORE, there are many types of ways to get it done. I will tell you that once you start a business you'll definitely have to drop the defeatist attitude. I heard from so many people that we would never make it, even famil...
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8260
Your out-of-context argument is the thing with no basis in reality. Other retailers do the very things I'm talking about, all while thriving. Costco is the example that readily springs to mind. Wal-Mart already pays below market wages anyway. You think there's some slightly more skilled body of workers just itchin...
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8261
"I would make this a comment but I am not allowed apparently. Unless your continent blows up, you'll never lost all your money. Google ""EUR USD"" if you want news stories or graphs on this topic. If you're rooting for your 10k USD (but not your neighbors), you want that graph to trend downward."
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8266
You aren't in trouble yet, but you are certainly on a trajectory to be later. The longer you wait the more painful it will be because you won't have the benefit of time for your money to grow. You may think you will have more disposable income at some point later when things are paid off, but trust me you wont. When co...
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8276
No. Your deposits should not have been accepted in the first place. No legit rollover opportunity exists. Related - Can excess 401K contributions returned with 1099-R be rolled over to a Traditional IRA?
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8308
"It was Telecommunications. And always Philadelphia customers. Worst market ever, because we were a bottom level company that they had already got banned by Verizon and AT&T for lack of payment. ""You can't cut us off! my babies got the asthmas! And that means you cant cut our service off!"" ""...Well no, yo...
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8312
I don't know of a country in the developed world with legalized cocaine, I think it was at least decriminalized in Portugal, but I doubt they have a substantial cocaine problem to begin with. It would be a bold step to have cocaine become industrialized like alcohol in the US, and my concern is that it would be even ...
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8321
The time horizon applicable to the price target is always specified by the broker or bank which published the research report. You will find this information in the disclaimer, which is present on every research report. Usually it is 12 months, but some firms give 6 months price targets. However, you should never rely...
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8326
Do you have signature authority or interest in the account? Then yes. Interest in the account means that you wire $25K to your dad, but the money still belongs to you (I.e.: if you ask for it your dad will give it back to you).
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8327
"We're both wrong. https://en.m.wikipedia.org/wiki/The_dismal_science > ""The dismal science"" is a derogatory alternative name for economics coined by the Victorian historian Thomas Carlyle in the 19th century. The term drew a contrast with the then-familiar use of the phrase ""gay science"" to refer to song and ...
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8341
I just found this old post. I worked in this field 4 years ago. The information is old. I assume the players are mostly the same. AIR in Boston and EQE in Oakland do the computer modeling for cat bonds and reinsurance. Hedge funds will often hire guys who have worked with the software. Swiss Re is the investment bank...
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8356
Although valuable details are available using the internet keywords offered, it is still important to seek advice from people who have had the surgery treatment about the opinions of experts. This way, you can gain knowledge from the personal encounters of others and know what can be expected. All of these things can h...
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8364
Thank you. I was going to post this. It should be the top comment. I think that Elizabeth Warren's ideas here are much more thoroughly researched, and present a much more comprehensive and compelling explanation than most of the uninformed opinions being spouted.
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8391
In the region, my school was well regarded, but you could call it a target school for the firm. 2 of their more senior partners were alum, so they made it a priority to recruit from our school (the other big accounting firms didn't have that connection and only took a couple grads).
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8399
This. I am as liberal as the next guy, but hearing this sub become a place to rave about political views is getting old. That is why I hardly ever post here. I am more interested in the direction of the economy than placing blame or giving credit.
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8415
Do NOT use the same LLC. By default he would own 1/2 of the DBA so you would have to hire an attorney to section it off. Then you have to worry about him changing his mind later and suing you if the DBA is sucessful. Not to mention the EIN controls the cash and tax flow and the DBA would be using the same EIN so it ...
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8444
Is this true though? I mean say if you increase taxes for the wealthy to 50% you'll end up with the state that certainly has significantly more money. But the trouble is the state hasn't been very good at spending it. Look at the kind of stuff they get up to with the cash they have now. They fight wars, build massive j...
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8464
People rave about Basecamp by 37signals. The impressive part is all the add-ins you can get for it. There are add-ins for invoicing, billing, accounting, and time tracking.
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8468
I suspect the real problem is that the stagnation of middle-class salaries vs. Lego being something of a premium (though worth it!) toy. Add in that Millennials are waiting longer to form long-term relationships and the dropping birth rate (at least in the US)... The durability factor surely doesn't help - folks more ...
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8470
Go to flightaware or flightradar24. You can track any airplane (a few exceptions) on an IFR flight plan, which a 747 will certainly be. If they were going for sneaky, smaller planes that don't get tracked would be ideal. Source: pilot
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8480
It is highly unlikely that this would be approved by a mortgage underwriter. When the bank gives a loan with a security interest in a property (a lien), they are protected - if the borrower does not repay the loan, the property can be foreclosed on and sold, and the lender is made whole for the amount of the loan tha...
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8496
They immediately make money by charging you the initial 2.39% fee. In the long term they make money because a surprisingly large number of customers don't pay the balance off, or otherwise violate the terms of the offer, so that the 18.95% rate applies. And sometimes, depending on card policies, they make money when...
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8515
The weird thing is that Walmart and maybe Kohl's sales are becoming the economic conscience of America. If Kohl's does better because Walmart shoppers move up a notch -- cool. If Kohl's is doing bad, and Walmart's down, and especially if Walmart necessities of life items are doing poorly, we know things are going t...
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8527
Slack is just fancy IRC. Not exactly hard to clone. Its why Microsoft teams now exist, and FOSS answers like rocket. Chat and mattermost are out there. Why pay billions for something their devs could spin off in a few weeks?
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