"At this point, I want to tell you two things:  1. I truly believe that you are very concerned about racial hate and damage to society. You truly want Germany to help those in serious need. You are a fine person! I have the same concerns and approach.  2. I am a Jew, with many original family members in Germany now (almost all my family ran away from Germany and Czech Republic before WWII, few got hurt, and after WWII, some returned back, and to Germany).  So all this argument I have with you is not so much about Germans, who some of them risked their lives to save few members of my family. Yes, Germans almost died to saved some of my family.   It's about a concern for a misguided policy in Germany to allow AGAIN the rise of intolerance and racial problems, of which, for sure, Jews will be the victims again, but mostly other minorities, but not (!) Muslims.   If you did not know, the word ""anti-semitism"" was invented by Germans, and it is supposed to be against the semite race. European Jews are hardly semite but all Muslims and Arabs are pure true semites. Yet, Hitler and Muslims worked together and collaborated against Jews. Muslims were not killed by Germany.  (If you did not know, yes, all Jews were semites, but 2000 years in Europe, after expelled from ancient Israel 2000 years ago by the Romans, made the Jews in Europe hardly semite. Meanwhile, most Jews (60%) in Israel are not of European descent as they ended up in northern Africa and Asia and ALL(!) of them expelled from the Arabs/Muslim countries when Israel was established in 1948. Do you know that Hitler sent the Jews of Libya and other north Africa Arab/Muslim countries to concentration camps? But not any Libyans or other Arab/Muslims?)  SO, ALLOW me go the other direction with you now: do migrants get fined, houses raided and sent to jail over racist and intolerant sayings and actions? How about their religious leaders?  Sheikh Abu Bilal Ismail, speaking at the Al Nur mosque in Berlin, called upon Allah to “destroy the Zionist Jews”. And nothing was done to him by the German government.  However, an old German lady was fined and her house was raided.  Think about it.  This will not end good with Germany!!!! Think it's early 1930 in Germany. Nobody could predict what happened 10 years later.  **I highly(!!!) respect Germans as they have very high and good standards in every respect. Something to admire! But, because of that, shown many times in the past, not only the 1930s, Germany is the last country that should be experimented in regards to racial tensions and rising problems (crime, intolerance, fanatic religious people, etc).**  Crime by migrants in Germany is up considerably, [Read here](https://counterjihadreport.com/2016/02/page/8/)   Read about Sheikh Abu Bilal Ismail in Germany [here](http://forward.com/news/world/202751/germany-warns-against-hate-speech-after-imam-calls/)"


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"It's interesting that you use so many different risk measures. Here's what I'd like to know more in detail:  1) About the use of VaR. I've heard (from a friend, may be unreliable) that some investment managers like Neuberger Berman doesn't use VaR for assessing risk and maintaining capital adequacy requirements. Rather, some firms only rely on tracking error, beta, standard deviation, etc. Why do you think is this so? Isn't VaR supposed to be a widely accepted risk measure.  2) The whole ""Expected Shortfall vs. VaR"" debate. I've read some papers comparing Expected Shortfall and VaR. Mainly, they criticize VaR for not being able to consider the 1% probability left where losses can (probably) skyrocket to infinity. If I need to choose between the two, which do you think is better and why?"


You don't mention any specific numbers, so I'll answer in generalities. Say I buy a call option today, and I short the underlying stock with the delta. The value will be the value of the option you bought less the value of the stock you are short. (your premium is not included in the value since it's a sunk cost, but is reflected in your profit/loss) So, say I go out and adjust my portfolio, so I am still delta short in the underlying. It's still the value of your options, less the value of the underlying you are short. What is my PnL over this period? The end value of your portfolio less what you paid for that value, namely the money you received shorting the underlyings less the premium you paid for the option.


"There is so much wrong in what you wrote.   A) You keep saying that it isn't right or good to do what you are advocating, implying that you are being forced to do it. The laws of capitalism are not ironclad, we live in a society that gives us the means to set ground rules. And even without these ground rules, a company could decide to set a higher standard, and many have in the past.  B) The existence of outsourcing doesn't apply here. You can't outsource a walmart cashier.  C) Even if outsourcing was part of the equation just saying ""well it is all fucked"" isn't the answer. There are ways around this from fighting for labor rights across the world, to less savory ideas like tariffs.   D) WTF does ""fiscally sensible (although not so much in the United States, in some cases)"" even mean? You seem to be implying that the US is horribly fiscially irresponsible in comparison to other countries. Have you heard of: Greece, Ireland, Portugal, and Spain? Also, going back to your argument that fair labor laws are impossible have you looked at Germany?  Edit: Also, Walmart employees are unionized everywhere outside of North America."


I'll agree with the other commenter. There is a ton more to sales than speaking the language and being a decent public speaker. Unless you know what you're getting into and feel confident you can get it done (or you believe that the company is willing to help you learn and grow as a salesperson and that's interesting to you from a career development perspective), I'd recommend avoiding a sales role and encouraging your boss to hire an actual sales person who meets his or her criteria.   EDIT: Source: am startup founder with no sales background who is having to do founder selling right now and learning just how hard it is.


caro collega copywriter o aspirante copywriter,  voglio proseguire oggi con la seconda parte della struttura di una lettera di vendita.  Continuo a considerare questa parte di importanza fondamentale perché attraverso questo strumento tutte le capacità e conoscenze di un copywriter trovano il modo di produrre le vendite sperate.  Ero rimasta al secondo punto e ora proseguo.  Il terzo punto nella struttura di una lettera di presentazione è:  Scarsità


Fill out the form manually, using last year's return as an example of how to report these gains.  Or experiment with one of the low-priced tax programs; I've been told that they are available for as little as $17, and if your alternative is doing it manually, spending a bit of time checking their results isn't a huge problem. Or run the basic TTax, and tell it to add the appropriate forms manually. It supports them, it just doesn't have the interview sections to handle them. (@DanielCarson's answer has more details about that.) Or...


it would help the economy tremendously.  even better, the US govt should give households massive amounts of money, to pay off debts.  and if they dont have debts they should go spend that money in the economy.   That type of economic stimulous would generate more revenue and taxes for govt to help pay off the US govt debt it accrues by printing money.


You don't have much choice other than to open an account in your business name, then do a money transfer, as @DJClayworth says.  You will not  without providing your name and street address and possibly other information that you may consider to be of a private nature. This is due to laws about fraud, money laundering and consumer protection. I'm not saying that's what you have in mind! But without accountability of the sort provided by names and street addresses, banks would be facilitating crimes of many sorts, which is why regulatory agencies enforce disclosure requirements.


How exactly would these companies be broken up?   They also don't fit any meaningful definition of monopolies. Facebook has plenty of competition from Snapchat and Twitter and there is always a new upstart that can come along. Google has competition in nearly every venture it's invested in besides search. But the thing is that these companies don't make their money off of any of that: they make it all off of advertising. And in the advertising space, the two companies compete tooth and nail with each other—along with all the other ad companies that they've largely beat out.


Yes, it does. Housing will not satisfy the overburdening population in years to come. Housing, jobs, cost of living, and rising populations have been problematic for generations.  You could just blame your parents for having you.   Perhaps you are in denial. You certainly choose to spend more time feuding and arguing on reddit than any other attempt to contribute anything to society that benefits more than just yourselves.


">Because selling gold and buying dollars has an effect on the market: it reduces the value of gold, and increases the value of dollars.  Ah, but with all the business you'd do in gold, you'd constantly be increasing the value of gold. Think of it!  I'm pretty sure that most people want to be paid in dollars not simply because of the fact that their taxes have to be paid in it, but because of it's universality. Not everyone has a use for a sack of barley, or a fish, or some gold dust. But you can buy whatever you want with an amount of dollars.   >As the value of gold increases over time, the government taxes the increased value as ""capital gains tax"".  It's only taxed at a 15.5% rate, IIRC. You'd probably come out ahead."


"> What's their benchmark for considering the deal ""done""? Getting out employee checks with the name of the new company?   Well, there's usually about an 18-month consolidation window after the deal closes to combine operations before the market really starts wondering why you're burning through cash supporting a closed M&A. That's going to include the removal and/or consolidation of redundant business units from HR, to marketing, etc.   From an IT perspective though, the business *usually* completely ignores the fact that modern white-collar businesses are essentially different formulations of businesses leveraging IT or severely underestimates how reliant they are on technology. That is, the consolidation of business units needs to include the consolidation of IT for economies of scale to be realized. It's fine and dandy to say your direct reports are being consolidated under business unit X but what if your HR program PeopleSoft and theirs is successfactors? How much time and money is that going to take to select the best system and get all of your shit in one place? Rule of thumb? 4x whatever the buisness thinks and 1.5x what the IT guy says. What about your identity platforms? What if, god forbid, you are an entirely IBM shop and the acquired company is entirely Microsoft? What about those old fuckin mainframes plenty of insurance companies and banks are keeping around? All that data needs to get moved/consolidated/etc.   I'm there to annoy the shit out of the business so when the board says ""did this ever come up"" our VPs and CIO can say ""yeah, here are the documents"" and then they start firing management. :D"


"As you note, your question is inherently opinion-based.  That said, if I were in your situation I would sell the stock all at once and buy whatever it is you want to buy (hopefully some index ETF or mutual fund). According to what I see, the current value of the HD stock is about $8500 and the JNJ stock is worth less than $500.  With a total investment of less than $10,000, any gain you are likely to miss by liquidating now is not going to be huge in absolute terms. This is doubly true since you were given the stock, so you have no specific reason to believe it will do well at all.  If you had picked it yourself based on careful analysis, it could be worth keeping if you ""believed in yourself"" (or even if you just wanted to test your acumen), but as it is the stock is essentially random.  Even if you want to pursue an aggressive allocation, it doesn't make sense to allocate everything to one stock for no reason.  If you were going to put everything in one stock, you'd want it to be a stock you had analyzed and picked.  (I still think it would be a bad idea, but at least it would be a more defensible idea.) So I would say the risk of your lopsided allocation (just two companies, with more than 90% of the value in just one) outweighs any risk of missing out on a gain.  If news breaks tomorrow that the CEO of Home Depot has been embezzling (or if Trump decides to go on the Twitter warpath for some reason), your investment could disappear. Another common way to think about it is: if you had $9000 today to buy stocks with, would you buy $8500 worth of HD and $500 worth of JNJ?  If not, it probably doesn't make sense to hold them just because you happen to have them. The only potential exception to my advice above would be tax considerations.  You didn't mention what your basis in the stock is.  Looking at historical prices, it looks like if all the stock was 20 years old you'd have a gain of about $8000, and if all of it was 10 years old you'd have a gain of about $6000.  If your tax situation is such that selling all the stock at once would push you into a higher tax bracket, it might make sense to sell only enough to fit into your current bracket, and sell the rest next year.  However, I think this situation is unlikely because: A) since the stock has been held for a long time, most of the gains will be at the lower long-term rate; B) if you have solid income, you can probably afford the tax; and C) if you don't have solid income, your long-term capital gains rate will likely be zero."


"To be at a dinner next to a ""big shot at a giant Wall Street investment bank"" to me makes me think they weren't at Applebee's. This guy went to Princeton. This may be a huge generalization but that sounds like a privileged life. Luck would be Eddie Murphy begging on the street when 2 old farts make him a partner in the company. That's lucky as hell. This dude is ivy league and thus run in the circles of success plus he also delivers the goods as a writer. It turns out he's successful. To me it's not really *that* lucky it's more about the cultivation of opportunities and focus."


"I hear you (and those answering) use the words ""my money"" (or ""me to pay for stuff"") The sooner that ends, the better off you'll both be. My wife and I do have our own checking accounts that we maintain so she can write a check without notifying me, or I can buy her a birthday/mother's day/ etc gift without it showing in the joint account, but nearly all money flows through our joint account. Before we were married, the joint bank accounts were opened as was the joint brokerage account.  You need to work on the budget as a single project and without judging. It's good that your incomes are similar, it makes the dynamics of pooling seem more fair, but for those where one spouse is making far more than the other, the impulse to 'chip in' equally towards bills leaves the lower earner with nothing.  Will your wife go back to work after a maternity leave? Once she's back, and working for a time, things will settle down a bit. There's a postpartum time that's difficult. Women who have been through it will tell you that it can be pretty bad, and the best a guy can do is be understanding and supportive. As long as you are talking ""we"" with your wife, she'll see that you are both in it together. At the risk of sounding sexist, Women's clothing needs are different than men's. I could get away with owning 5 suits which could be replaced at the rate of one per year. If not for my wife, I can see in my own daughter how clothing makes her feel good about herself, and while I'm frugal with most of our budget, my clothing questions are 2 - Will it last? & Will it match other pieces you have? Therefore, clothing gets a line item all its own in the budget.  There are a number of financial things to consider, but I see you are in the UK, so I'll generalize. In the States, there are pretax benefits to help care for a child under 13 (called a dependent care account) and for medical expenses not covered by insurance (called flexible spending account). These let you take money from your pay pretax to use for specific expenses. If UK offers similar, I invite a user to edit the detail into my answer.  Last - once the kid comes into our lives, there's little room for many of the late teen/early 20's spending. Comics? DVDs? Those are the low hanging fruit of wasted money. Saving for retirement, and for University for the kid take priority.  I'm not one to quote cliches but a friend once offered this observation - ""If you are not happy but your wife is happy, you are still far happier than if you were happy but your wife is not happy."""


None of the insurance cost increases will change regardless of Obama getting re-elected.  They're tied into the ACA, and that won't be repealed, even if Obama loses the election.  They're not going to be able to get a repeal through the new senate, regardless of how this election turns out.  And most definitely there's zero chance of a new law going through before January 1st regardless of the election.


You would have paid $880.00 plus commission in this case, and made $85 before commissions. How much you would have made on expiration depends on the price that TSLA has on April 1, which hasn't come yet.  If it expires worthless, you typically don't pay a commission but you will have lost the full $880.  If it expires in the money and you want to exercise it, then you would pay a commission (often different than the commission to buy/sell the option itself) and you would have 100 shares of TSLA.  You won't know how much you make or lose in this case until you ultimately sell the shares of TSLA.


Choosing an activity class for your child is easy now, as today there is lot of focus and importance given to Pre-School and Activity Centre, these Pre-School and Activity Centre are now in huge demand, these school and centres are now properly looked as profession with more and more people getting into it and putting up a proper management and SOP’s to run the schools and centre, there are few companies backed by corporates and run through proper management.  Parents are constantly looking at more than one way to enroll their kids in some activity class, so as to engage them into activities that can help them become better, healthier and active individuals. As parents now, not only wants the child to be properly educated, they also want the child to be developed with the best extracurricular activities. Activity Centres in Chembur play an important role in the development of the skills of the child, they help the child to horn their skills and showcase their talent.


Now, technically she is supposed to pay rent, but legally I am not sure. Her name is not there in the rental agreement so she is not eligible to pay the rent. Since, she is already living in the same house, there is some basic courtesy to pay the $200. Now thing here is how are we going to divide it? If she is paying $200, will that be deducted out of your room mate's or yours. Fact of the matter is, who is taking more space and who is paying for it, since there is no change to your space, you should continue paying the same amount, because there is no change in your space as you mentioned before. Moreover the fact that she is paying the utilities is good enough because that is shared by all 3. So keep the arrangement like somewhat like this, you pay half the rent + utilities, and your friend and his girlfriend will pay their share of the rent which is equal to yours, and they will share the utilities too. Hope this makes sense.   Thanks, Thenicejerk


See the Moneychimp site. From 1934 to 2006, the S&P returned an 'average' 12.81%. But the CAGR was 11.26%.  I wrote an article Average Return vs Compound Annual Growth to address this issue.  Interesting that over time only a few funds have managed to get anywhere near this return, but the low cost indexer can get the long term CAGR minus .05% or so, if they wish.


And at&t's deal with them looks more lucrative now, yet both stocks haven't seen the boost others have been having from positive financials above prediction.  One hypothesis is that people still just don't trust old school tv anymore since everything is moving to the web. What do you guys think?


"You'd need to talk with an attorney familiar with Social Security, or an appropriately qualified SSA representative to be sure - but all signs point to the idea that unfortunately Social Security does not work the way your father was told it would. And if he doesn't file to receive benefits the reality is actually much worse than ""throwing away free money""! However, this is not due to a complete misunderstanding of the system! Social Security does work the way he thinks in some instances, just that the rules don't apply to his exact situation! First of all, retroactive benefits come in a few forms: File and suspend to get a lump only if you really need it - BEFORE the age of 70 only! In this method you apply for retirement, but you tell the SSA to suspend/delay your benefits. You are entitled to full lump sum of the payments you deferred...but at a cost of getting lower monthly benefits permanently (and that also lowers spousal and dependent children's benefits, too - if those could apply to your dad). But note that at the age of 70, Social Security will stop deferring the payments and start paying you the full maximum retirement benefit monthly, with no lump sum. This is a kind of emergency insurance policy for those who want to try to defer retirement benefits, but who want the opportunity to cash out and get the money they would have been getting ""just in case"". You can get up to 6 months of retroactive benefits, such as if you wait past your exact retirement age to apply for benefits. But no more: ""we cannot pay retroactive benefits for any month before you reached full retirement age or more than 6 months in the past"". As for after-death benefits, an estate can only get benefits that were already due to be paid, which generally means a person died and did not get their benefits for that month, so SSA can re-issue a check to the estate following these rules. But as a person cannot be due a lump sum payment after age 70 (for more than 6 months at most), the estate will only be able to get at most 1-6 months of payments (and 6 months is doubtful - you'll need to ask a lawyer if that much would even be possible). If your father was below 70 and wanted to file-and-suspend, the question of lump on death would be more complex and I don't know that answer - but once you are past 70 this doesn't matter any more as you aren't due a lump anymore. Given the above, we've established pretty clearly that if you don't claim your benefits within 6 months after age 70, any months of payment you would have gotten are just forfeited to the system. But if you claim the benefits and stick them in the bank, can they be taken? Well, if a lawsuit is really a worry, then yes these accumulated funds can required to pay a debt - but this potential for loss can be protected against without forfeiting the benefits entirely! This is not very common, but if your father doesn't need the money now he may be able to deposit some of the money into a special partially-lawsuit protected format of the Roth IRA (which has no age limits) as detailed here. If he never gets sued, that's OK - it's still his money! If he passes away, the value goes to his estate and does not disappear. And he doesn't forfeit any of his earned retirement benefits. Finally, I would like to share one last thing with you and your father. These benefits aren't free - he has been paying a portion of his paycheck for decades into Social Security, and now he is eligible for the maximum amount of benefits per month that he will qualify for - and if he wants to keep working he loses no benefit and the amount could potentially even go up. That's up to him. But not filing for benefits now will mean that all this money he's been paying in for decades will just be lost - they'll basically just be a tax he's paid out to other retirees. His estate (which means you kids) won't get any of it, either. That'd just be a waste for everyone involved. If you have continued doubts or questions, I wouldn't hesitate to consult a specialist lawyer or talk with the SSA directly to make sure this is all correct. It's his money, and he has earned his benefits for many years. I very much hope he gets to enjoy as much of them as he can!"


"I think history is repeating itself. Remember when Apple was ""better"" than the PC b/c it just worked in the 80's. But then what happened over time? The PC took over b/c it was an open platform. The fact that it didn't just work proved to be an asset in the long run. I see the same thing happening with smart phones and tablet. Sure, the iphone/ipad just work and android devices crash here and there, just like PC's back in the day, but I think history will repeat itself and the very thing that makes the iphone/ipad successful will ultimately be its undoing. Same old shit."


This is a clear example of annuities, where you are trying to find Net Present Value (NPV). To find a quick solution you can use the excel function (=NPV). Solving it without excel is slightly more complicated. You have to use the annuities formula:  (Payment/rate) * (1 - 1/(1+r)^n )  This formula can be written in many different ways, this is one of the simplest.  So how do we translate that to your problem? For the first option: -5000/0.04 * (1 - 1/(1.04^2 ) = -9430.47 If you haven't made this years 5000 payment you have to subtract this years 5000, so option 1 would equal -14430,47.  Option 2 is similar -2000/0.04 (1 - 1/(1.04^10 ) = -16221.79 WAIT! You also have to subtract the initial cost so option 2 is -36221.79  So in essence, option 1 is better (but you will have to buy a machine sooner or later).  Part 2 (discount rate = 12%) is for you to understand the importance of high rates in long periods of time (like option 2's 10 years)    EDIT: For clearer formulas. Also made a mistake calculating option 2


If only we had something else a person could use when they are feeling run down and want to take a break.  A person could even use these days to go on a vacation or something to really get away and relax.  Maybe we could even call them 'vacation days'.


"This is common. He worked there for 2 years under this scheme, so I'm guessing he was cool with it. Lawsuits pop up when they get mad at management. (*""I worked 70 hours a week for 2 years and they pass me up on the promotion? Hell no, lawsuit time.""*)  These mutually beneficial arrangements are almost always agreed on by employer and employee. Employees need hours, employers do not want to pay overtime."


"> What does it even mean for something ""to come out of IT's budget?""  From the IT managers perspective he has a budget of X dollars to allocate. When X dollars are spent that's it, he isn't allowed to spend any more.   If unforeseen expenses are incurred (e.g. the computers for the new hires) and deducted from his budget that leaves a deficit that has to account for, usually by dropping something else he had previously though urgent enough to spend money on.  How this is represented in the books is of no interest to the IT manager. His world view is limited to “I had X dollars, now I only have X-Y dollars.”"


"If you do so in proportions to match juice, then yeah, you have juice (with added colorings, which are listed in the ingredients).  There's a reason there are limits, and that's to prevent such pedantry as what you suggest. There are small losses or gains allowed. Rarely does any industry hit things dead on.  For example, when making ham, one can add water (brine), and then cook the product, and as long as the finished product is not more than 0.9% from the original weight of the ham, it isn't ""water added."" It's pretty amazing what modern equipment can do, but I still can't hit the green weight dead on every time."


It depends upon in how many currencies your business is denominated. If your business is solely dependent upon this one payer, it's best to start up a new set of books in USD.  All accounts should be translated from CAD from a date preceding the USD activity.  The CAD books should be closed, and all should be done with the new USD books. If your business will continue to use both USD & CAD, it's best to have two sets of books, one for USD and one for CAD.   Multi-currency books are a nightmare and should be avoided at all costs. Also, with the way you describe your situation, it appears as if you're also blending your household and business books.  This should also be avoided for best practices.


Also look not only into these sand companies, but the railroad companies offering logistics services for them.  In general, the Minnesota/Wisconsin mines have massive traffic and its putting a strain on the distribution, so it creates opportunities for some.  The shipping (often a service provided by these sand companies) can comprise over half the price of the sand.


"We initially attempted to do this when we bought our house and found the listing agents ""resistant"" to say the least.  For a variety of reasons (not just the commission), we ultimately decided to hire a buyer's agent, but we focused on buyer's agents that would pass some of their commission back to us.  We used Redfin, but I think there may be others now. One ""gotcha"" even on this, is that, if you're getting a mortgage, the mortgage company may also have something to say about this situation.  We had to apply the agent's rebate to our closing costs, we could not take it away in cash."


The 'uber' rich because they take chances that others aren't willing to. They also are rich because they make products people like.   Take for instance Apple [or whatever smartphone/computer brand your so privileged to own] ,like them or not they make a great product (determined by the market). If the market didn't like it (Microsoft Zune) then it'll fail.   As for the risk aspect, starting a business takes a TON of risk, and only after much strife and hardships can a business have potential to reach great heights. You think starting Popeyes's was easy? You think franchising is easy? Absolutely not!  You sit there in your privileged high-horse saying the rich should pay because they make something you like and helped to succeed. It's like wanting something for free.   Buy phone -> Others buy phone -> Complain about the rich and vote for UBI -> Get extra $ you wouldn't have gotten otherwise-> Spend that extra $ on the next years phone


"It's all about what you value personally. I'm mid-30s and drive a $40K ""luxury"" sports car.  I also happen to wear a $6K wristwatch every day.  I purchased both of these items because I thought they were beautiful when I saw them. On the flip side, because I spent 6 years living below the poverty line, I instinctively spend almost nothing on a daily basis.  My food budget is less than $50 a week, and I never go out to eat.  I wear my clothes and shoes and coats until they have holes, and I drove my previous car (a Toyota) into the ground.  My cell phone is 5 years old.  The walls of my apartment are bare.  I don't have cable TV, I don't subscribe to newspapers or magazines, and I don't own a pet.  In all of these cases I don't feel like I'm ""sacrificing"" anything; food and clothes and cell phones and pets just don't matter to me. If you truly feel that you're missing something in your life by not having a luxury car -- that owning one would be more satisfying than owning the corresponding tens of thousands of dollars -- then go for it.  Just be sure to consider all the other things that money could buy before you do. Lastly, buy in cash.  Don't make monthly payments unless you enjoy giving money away to the bank!"


I was under the impression that Congress needed the President's Signature for a bill to become law, and the President has the power of Veto. In reality he has quite a bit to say about policy, especially because neither party would have a 3/4 vote to overrule a veto.


There are some calculators that you can use to figure out the best approach, such as this one by CNN. But in general the rule of thumb tends to be the following: For the purposes of the Best Buy card, I would put it up there at number one so you don't get hit with the deferred interest. No point in giving them more money if you can pay them before the end of the cycle.  Next, I would look at what you have for emergency savings, if you have an account established and that is at a comfortable number than putting the money towards the Citi card might be good, otherwise, split part of the money between savings and the credit cards. If an emergency pops up you don't want to dig a deeper hole because you can't pay for something with cash.


"I believe it's still pretty general, and just mentions life sciences as a possible use. Some of the course may be in that context. The ""difficulty"" on the side says the course is intermediate, so there might be a possibility that it'll be maybe a little rough for beginners to R, and possibly very difficult for beginners to programming on the whole."


> Baltimore - 50 Years Of Liberal Welfare State Policies  Okay.  > Baltimore has a corrupt, reckless, out of control police department enabled by a crooked and incompetent Baltimore politicians.  So your argument is that Baltimore has a cancerous police department and Democrat controlled city government has not fixed the problem so Democrat social policies are to blame.  Did I miss something?  > Dirving Through Detroit At Night – What 50 Years of Democrat Rule Looks Like  Unless you are going to argue that Democrat policies are responsible for the Chrysler and GM going into Chapter 11 bankruptcy, I think you know this is pointing the finger in the wrong direction.


Yep. My dad lost his (really high paying) job in 2009 and it took him 9 months to find it. They had to sell off a lot of stock to get through it, at a time when the stocks were half of what they were a year earlier. Now he's 64 and not even considering retiring before 70 or death, whichever comes first.   I definitely believe that the death of the pension is going to be the worst thing for boomers. My generation never grew up with them - for us they're like a fairy tale. But many boomers grew up where nobody ever saved for retirement and always kicked the can down the road. SS is really only enough to keep seniors from starving to death, and not much more.


Lobbyists encourage legislators to add clauses to bills that help their clients save money on taxes or avoid taxes.  The income tax on hedge fund managers is a good example of that.    Some lobbyist actually craft the legislation and then give it to the legislator to get passed.    In the case of Manafort he may be responsible for the mysterious disappearance of a plank in the GOP platform.  There was a plank calling for the arming of the Ukrainians which Putin and Viktor Yanukovich wanted removed.  It was removed and nobody claims to know how it happened.


I keep several savings accounts. I use an online-only bank that makes it very easy to open a new account in about 2 minutes. I keep the following accounts: Emergency Fund with 2 months of expenses. I pretend this money doesn't even exist. But if something happened that I needed money right away, I can get it. 6 6-month term CDs, with one maturing every month, each with 1 month's worth of expenses. This way, every month, I'll have a CD that matures with the money I would need that month if I lose my job or some other emergency that prevents me from working. You won't make as much interest on the 6-month term, but you'll have cash every month if you need it. Goal-specific accounts: I keep an account that I make a 'car payment' into every month so I'll have a down-payment saved when I'm ready to buy a car, and I'm used to making a payment, so it's not an additional expense if I need a loan. I also keep a vacation account so when it's time to take the family to Disneyland, I know how much I can budget for the trip. General savings: The 'everything else' account. When I just NEED to buy a new LCD TV on Black Friday, that's where I go without touching my emergency funds.


The fees for Vanguard and Fidelity IRA housing cannot be lower, because they are zero.  Depending on the fund you invest in, one or the other will have pretty low fees and are often the lowest in the industry. I don't qualify for TIAA-CREF, but my mother does and she loves them.  She can call up and get some advice for free.  I would not qualify it as the best advice in the world, but it certainly isn't horrible.   So it really depends on what you are looking for.  If you want a little investment advice, I would go with TIAA-CREF.  If you are a do it yourself-er go with Vanguard.


As opposed to our constant and unrelenting inflation, yes.  Under normal circumstances, I'd rather neither.  But honestly, right now, yes I think deflation would not be terrible.  As I said, prices would decrease, it would ease the burden on lots of families and it would take years of non-stop deflation before wages fell.  So yes, in the short term.


What is shocking to me are statements like this:  >Basically, the MID encourages affluent homeowners to buy more extravagant homes than they otherwise would.   No shit sherlock. When anyone is buying a home and they have $X/mo to spend, they factor in the deduction and conclude they can spend 10-30% more on a house, so they buy bigger or more expensive houses. Its like the authors of the law thought people would spend the same amount on a house regardless of the deduction rather than factor in the deduction into what they can afford.


Straight line in this example should be just the $2MM per year.  I don't think the author of the problem intended you to use anything in the actual tax code like MACRS.  I think the goal of the problem is to get you to identify the value of the depreciation tax shield and how the depreciation does affect your cash flow by reducing your taxes, even though depreciation itself is not a cash event.


"> Ummm I bet we didn't 'work less'.  I'll take that bet.  ""Research studies suggest that hunter-gatherers' work somewhere between 20 and 40 hours a week, on average, depending on just what you count as work. Moreover, they do not work according to the clock; they work when the time is ripe for the work to be done and when they feel like it. There is ample time in hunter-gatherers' lives for leisure activities, including games of many sorts, playful religious ceremonies, making and playing musical instruments, singing, dancing, traveling to other bands to visit friends and relatives, gossiping, and just lying around and relaxing. The life of the typical hunter-gatherer looks a lot like your life and mine when we are on vacation at a camp with friends.""  https://www.psychologytoday.com/blog/freedom-learn/200907/play-makes-us-human-v-why-hunter-gatherers-work-is-play"


Geloman Indian Spares have a wide selection of Indian Motorcycles and vintage motorcycle spare parts. We give the offer on the all spare parts at affordable prices. Whether you're a first-time buyer or an experienced rider. Indian 101 Scout being named as the best motorcycle parts to have been made. Lighter framed bikes were introduced in 1932 and this is when the standard version was introduced.


I understand what you're saying and I don't disagree. It depends on the case I guess. I don't think it's so egregious in this case because CEOs in the plural usually refers to prominence rather than the majority, at least as the default definition people fall back on when one is not provided.  I just don't think people think of the average CEO of One Shop Mom & Pop corp or companies that aren't multimillion or multimillion dollar enterprises. But then again why are my assumptions any better than anyone else's? Maybe my perception of what a CEO is by default isn't as common as I think and by whose criteria is it right?


The BPO companies provide round-the-clock service to cater the customer’s requirement. The majority of good BPO companies provide 24/7 service, in order answer the queries and concerns of their client’s end customers. These experts are fully-trained and they do a regular follow-up for the complaint raised by the customers and do their best for resolving the customer’s complaint to his satisfaction. This enhances the C-Sat (Customer satisfaction) and the credibility of the company.


None of what you said is correct. Wells Fargo makes over half of it's net income from community banking. Investment Banking is tucked inside of the Wholesale division and represents a relatively small piece of that. Wells' auto portfolio is at $58 billion; by no means as large as say the mortgage exposure, but certainly nothing to sneeze at.


So I agree with some of your points, but title 2 puts us in a decent place until the ruling body starts to understand technology and starts passing laws to stop oligopoly tendencies we have in the market now.   Edit: deleted my other comment. Not sure why it doubled my comment.


"When we calculate the realized yield of a bond, we assume the coupons are invested at an interest rate. I assume it is some kind of vehicle that guarantees a return, thinking it is government bond, savings account or something. Investing in a benchmark bond index might be risky though for this ""interest rate""."


If you go traditional financing there is a chance it'd be syndicated amongst a bank group. That is going to add a little depth to your credit agreement id imagine. You thinking a term loan with a 7-10 amortization? I've never seen a LOC more than 5 years out.


Does your employer prefund benefits for employees that haven't even been born yet?  Or better yet, their parents haven't even been born yet. They're required to fund their pension plan 75 years in ADVANCE.  There is literally no other government, nor private agency required to do that because it's asinine.  Congress was purposely trying to bankrupt the perfectly functional post office in order to sell it off to the highest bidder.  As a Chicagoan, let me tell you that privatizing public assets does NOT work.  Edit for spelling


I believe that article provides some good reasons, though it may be a bit light on technical details and there are likely other reasons a company would do it. So, if they can finance for less then they would lose to taxes by bringing the money home and they do not take on too much debt, this will likely work just fine and increase share holder value. Hopefully, someone else can provide some other reasonable scenarios. The bottom line is that it does not matter how they finance the share buybacks and/or dividend payments as long as they do not shoot themselves in the foot while doing it.


"Dunno if you saw the recent NYT article [Trump and the True Meaning of Idiot](https://www.nytimes.com/2017/06/12/opinion/trump-and-the-true-meaning-of-idiot.html). It's amazingly not about boring insults but rather a interesting look at the etymology of the word ""idiot"", which echoes some of the themes you just mentioned.  It's a topic similar to one I've explored myself in my own writings as [Tax Policy and the Dewey Decimal System](http://netsettlement.blogspot.com/2009/02/tax-policy-and-dewey-decimal-system.html).  I think integrating personal goals into societal goals is something we don't all see the same, and push comes to shove on that ""rugged individualist"" thing."


"Yes, you must file North Carolina AND South Carolina income tax. If you live in one state and work in another, the income is potentially taxed twice. Most states give a credit for taxes paid to the other state. Often you pay the tax in the state where you worked, and then if the tax rate in the state where you live is higher, you pay the difference. But the details depend on the tax laws of the two states involved. I'm not an expert on either Carolina's tax laws. Start by getting the forms and instructions from both states and see what they say. Or if you're using tax software, see if it handles this case. If someone else on here knows the specifics of the tax laws for the Carolinas, I gladly yield. :-) Many states establish ""reciprocity agreements"" with other states, usually the neighboring states, that generally say that if the state you live in and the state you work in are both party to the agreement, then you only pay tax in the state you live in. This simplifies things a lot. Unfortunately, neither North Carolina nor South Carolina have such agreements with each other or with any other state."


First of all, consult an accountant who is familiar with tax laws and online businesses. While most accountants know tax laws, fewer know how to handle online income like you describe although the number is growing. Right now, since you're a minor, this complicates things a bit. That's why you'll need a tax accountant to come up with the best business structure to use. You'll need to keep your own records to estimate your quarterly taxes. At the amount you're making, you'll want to do this since you'll pay a substantial penalty at the end of the year if you don't. You can use a small business accounting software package for this or just track everything using Excel or the like.  As long as taxes are paid, you won't go to jail. But you need to pay them along with any penalties by April 15, 2013. If you don't do this, then the IRS will want to have a 'discussion' with you.


Actually, with at least 95% confidence, they did not overlook any better qualified person for this job.  Because they did not even look for a qualified person.   She got the job because someone knows her or she knows someone.  Worse: any qualified Security person who worked for her would be demoralized by her lack of talent. So my guess is that the whole Security department at Equifax is full of people with little talent. She probably will get rid of anyone in the department who challenged her... like any real boss.


Given your timeframe, risk tolerance, and the fact that you don't need this money, I would suggest a balanced approach. Something like: If you want to have fun investing, you could look into things like lendingclub, or bonds, or stocks, etc. But an allocation like I've outlined above is a pretty good balance of risk and reward over that timeframe.


Credit cards always charge for withdrawing cash, because if they didn't then you could have an indefinite loan and pay no interest simply by withdrawing enough cash each month to pay off the previous month's bill before the due date. It's nothing to do with using an ATM -- they'll charge you for getting a cash advance over the counter as well.


1. Actually, you are wrong!  2. If food is cheaper and better when produced in a lab, then it does not matter that we have enough food produced (in a much more expensive, labor intensive, slow and harmful for the environment way.)


"Discussing individual stocks is discouraged here, so I'll make my answer somewhat generic. Keep in mind, some companies go public in a way that takes the shares that are held by the investment VCs (venture capitalists) and cashes them out of their positions, i.e. most if not all shares are made public. In that case, the day after IPO, the original investors have their money, and, short of the risk of being sued for fraud, could not care less what the stock does.  Other companies float a small portion up front, and retain the rest. This is a way of creating a market and valuing the company, but not floating so many shares the market has trouble absorbing it. This stock has a ""Shares Outstanding"" of 2.74B but has only floated 757.21M. The nearly 2 billion shares held by the original investors certainly impact their wallets with how this IPO went.  See the key statistics for the details."


I wouldn't recommend leveraged dividend fishing. Dividend stocks with such high dividends are highly volatile, you will run out of collateral to cover your trades very quickly


Are you serious?  They're a US government department, of course they will always want USD.  If they ever offer the option to pay in bitcoin it won't be at par, but with a significant fee on top of the amount you owe.  And that fee will go specifically to what they will have to do which is turn around and convert your bitcoin into real money.


"You are not wrong. This is called the ""Broken Window"" fallacy in economics. Imagine if 20% of a population was employed to go around breaking windows.  This would stimulate the economy as many people would have to be employed to make new windows, repair the broken windows, etc..  The problem is that everyone would have been better off if they didn't have to spend their valuable resources on repairing a perfectly functioning window. Although many people will be employed to rebuild Japan, this doesn't improve the standard of living for the folks in Japan."


If it is more convenient for you - sure, go ahead and create another account. Generally, when you give someone a check - the money is no longer yours. So according to the constructive receipt doctrine, you've paid, whether the check was cashed or not. The QB is reflecting the correct matter of things. It doesn't matter that you're cash-based, the money still laying on your account because you gave someone a check that hasn't been cashed - is not your money and shouldn't be reflected in your books as such.


Do developing country equities have a higher return and/or lower risk   than emerging market equities?  Generally in finance you get payed more for taking risk.  Riskier stocks over the long run return more than less risky bonds, for instance.  Developing market equity is expected to give less return over the long run as it is generally less risky than emerging market equity.  One way to see that is the amount you pay for one rupee/lira/dollar/euro worth of company earnings is fewer rupees/lira and more dollars/euros. when measured in the emerging market's currency?  This makes this question interesting.  Risky emerging currencies like the rupee tend to devalue over time against less risky currencies euro/dollars/yen like where most international investment ends up, but the results are rather wild.  Think how badly Brazil has done recently and how relatively well the rupee has been doing.   This adds to the returns (roughly based on interest rates) of foreign stocks from the point of view of a emerging market investor on average but has really wild variations. Do you have data for this over a long timeframe (decades), ideally for multiple countries? Not really, unfortunately.  Good data for emerging markets is a fairly new phenomenon and even where it does exist decades ago it would have been very hard to invest like we can now so it likely is not comparable. Does foreign equity pay more or less when measured in rupees (or other   emerging market currency)? Probably less on average (theoretically and empirically) all things included though the evidence is not strong, but there is a massive amount of risk in a portfolio that is 85% in a single emerging market currency.  Think about if you were a Brazilian and needed to retire now and 85% of your portfolio was in the Real.  International goods like gas would be really expensive and your local currency portfolio would seem paltry right now.  If you want to bet on emerging markets in the long run I would suggest that you at least spread the risk over many emerging markets and add a good chunk developed to the mix. As for investing goals, it's just to maximize my return in INR, or maximize my risk-adjusted return. That is up to you, but the goal I generally recommend is making sure you are comfortable in retirement.  This usually involves looking for returns are high in the long run, but not having a ton of risk in a single currency or a single market.  There are reasons to believe a little bias toward your homeland is good as fees tend to be lower on local investments and local investments tend to track closer to your retirement costs, but too much can be very dangerous even for countries with stronger currencies, say Greece.


When a store operates their salesforce on commission, commission rates are highest on the highest profit items for the store. This just means that the sales force will be even more pushy about the extended warranty and the gold plated HDMI cable. Because those are cash cows for the store, and the salesforce will be incentivized to push them.


It depends on which of the big4. Some of them have more revenue and profit from consulting than from audit. Specifically, some of the big4 have failed at growing their consulting business to be competitive with the consulting arms of other firms and/or sold off their consulting groups and are in the process of rebuilding.


It's best to start hard then get nicer if you want.  Make a quick example of anyone who gives you grief or tests you. Others will then quickly fall in line. Some people are like children and need a firm hand.  Firm, Fair, and Frank.  A little Machiavellian I know but speaking from experience it works.


"I manage a bunch of rental cabins in a rural area that only has access to phone and internet with CenturyLink.  We have 16 accounts with them.  They are, by significant measure, one of the worst companies I've ever dealt with (worse than Comcast).  I've long wondered how long it would take for the rest of the country to figure this out since Comcast and TWC tend to get all the anger.  CenturyLink is far worse.  Sheer management-level incompetence where it takes 10-15 minutes to find an account in 4 or 5 different CRM systems, passed back and forth between different parts of the globe.  Zero remorse for missing appointments and, apparently, no ability to record that appointments were missed and fix/make up for it.  I could go on and on.  Do everything you can to steer clear of CenturyLink.  PS.  And yes, the phantom ""what the fuck is that!!"" charge suddenly showing up on your account has happened to us too.  PPS. Another awesome thing - the DSL packages they sell in rural areas that flatly do. not. work.  Rebooting routers a dozen times per day.  Speeds (when working) of .3 or .4 mbps.  Half of the internet accounts we pay for are worthless."


eallan already touched on this, but generally speaking there is a tendency in this country to lump unions together and put the shortcomings of one local or one unit or one member onto all of them. An example would be the issue of corruption; many people cry about rampant corruption in unions when in fact only somewhere between 1-2% of locals have ever had any corruption charges, whereas I'd be willing to bet that the corruption rate is much higher in the corporate world.  > Honestly, I cant think of any reason for minimum wage paying jobs to have a union. If you think the wages are too low for cost of living then the minimum wage should be raised. These people have no special skills, little to no training, and usually no education.  Genuine question: What reasons do you think someone would/could have for joining a union? Why would base pay/education/skill level of the job be a consideration?    Just so we're on the same page: Collective bargaining came about because workers in certain areas were pissed-off enough that they realized that to improve their situation they had to come together as a group, because only as a group did they have any leverage. All workers have the right to collective bargaining, rights which were signed into law because pissed-off workers were doing it anyway, and the regulation of the practice helped smooth it out and drastically cut down on violence and debilitating drops in production.    It takes quite a feeling of injustice and exploitation when not friends, not family, but colleagues, some of which may not even like each other, start seeing that they share common problems, and decide to tie the fate of their working lives to one another. And give up like 1-2% of their paychecks. Especially in a country with an individualistic culture like the US.   So if workers at certain Wal-Marts feel like working conditions are that bad for them, then I can't see why they shouldn't organize.


"Agree with Randy, if debt and debt reduction was all about math, nobody would be in debt.  It is an emotional game. If you've taken care of the reasons you're in debt, changed your behaviors, then start focusing on the math of getting it done faster.   Otherwise, if you don't have a handle on the behaviors that got you there, you're just going to get more rope to hang yourself with.  I.e., makes sense to take a low-interest home equity loan to pay off high-interest credit card debt, but more likely than not, you'll just re-rack up the debt on the cards because you never fixed the behavior that put you into debt. Same thing here, if you opt not to contribute to ""pay off the cards"" without fixing the debt-accumulating behaviors, what you're going to do is stay in debt AND not provide for retirement. Take the match until you're certain you have your debt accumulation habits in check."


Yes, you should be able to deduct at least some of these expenses.  For expense incurred before you started the business: What Are Deductible Startup Costs? The IRS defines “startup costs” as deductible capital expenses that are used to pay for: 1) The cost of “investigating the creation or acquisition of an active trade or business.” This includes costs incurred for surveying markets, product analysis, labor supply, visiting potential business locations and similar expenditures. 2) The cost of getting a business ready to operate (before you open your doors or start generating income). These include employee training and wages, consultant fees, advertising, and travel costs associated with finding suppliers, distributors, and customers. These expenses can only be claimed if your research and preparation ends with the formation of a successful business. The IRS has more information on how to claim the expenses if you don’t go into business. https://www.sba.gov/blogs/startup-cost-tax-deductions-how-write-expense-starting-your-business Once your business is underway, you can deduct expenses, but the exact details depend on how you organized.  If you're a sole proprietor for tax purposes, then you'll deduct them on Schedule C of your Form 1040 on your personal tax.  If you are a partnership, C-Corp, or S-Corp, they will be accounted at the business level and either passed on to you on a Schedule K (partnership and S-Corp) or deducted directly by the company (C-Corp). In any case, you will need good records that justify your expenses as business related. It might be well worth at least an initial meeting with a CPA to make sure that you get started on the right foot.


"> Barclays said the actions ""fell well short of standards"". Chief executive Bob Diamond is to give up his £2.7m bonus.  Such a harsh self-punishment, especially when he pulled in over £17 million last year."


Yea that's all fine and dandy if you have the resources to afford not having a reliable income while you take the risk of being entrepreneurial.    One of my good friends just sold his company to yelp for $9mil.  Good for him, I wish him the best.  But it's easy to justify taking the risk of starting your own company if your parents are worth $200mil and bought you a $3mil house.  In that situation, you aren't actually taking a risk.


The thing is that employment is a part of a loop, not an end in and of itself.  You work to make money.  You make money to spend it.  Other people work to give you what you spend money on so they can get that money etc.  If your problem is that there isn't enough production to meet demand then employment will rise and people will meet that demand.  On the other hand if something external disrupts the cycle and you get mass unemployment for some reason that will depress demand since all those people don't have money to spend anymore.  Thus there is lower demand for services since there is less money to pay for those services.  This is the downward spiral of a Depression.  My worry is that if we keep supplanting all the manual labor jobs (eventually including most retail in this) then who's going to be buying those services?


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.


Don't feel bad man. I have a finance degree and an information systems degree a 3.5 gpa, speak 3 languages, competent in several programming languages, helped run my family business for 3+ years and I had to take a IT internship role at an insurance company through co-op. Did that for 16 months and just sat for CFA L1. All that on my resume I got 0 love during recruitment. Passed up for even Back office positions at banks for kids who have goofy degrees and lower GPAs.  If you're a non-target like me this is how it is. With hard work and intelligence we will get what we want though. I suggest looking into the CFA program.


Does the op feel criminals should not be punished ...and in fact, should they have their every whim catered to; ensuring maximum comfort, convenience, and entertainment?   If convicted criminals should spend time behind bars; who should pay for it. You? Me? or the criminal?


"In futures, once you have established your position, you will earn or lose money depending on what the underlying does.  Theoretically, if you had no stop, you could lose far more than you invested.  An option will slowly lose all its value if the stock does not rise (assume it is out of the money when purchased).  Depending on the strike, it could rise substantially and you'd still lose all your money.  But you can't lose more than you put in.  So options have limited risk compared to futures, at the expense of a decaying ""time value"" that you will effectively be paying while holding the option."


Start with researching in the field of Organizational Behavior, that's the *broad* name of the field you're looking for.    1. This guy on youtube is pretty cool, just don't get sucked in his promotional stuff (take the free stuff) https://www.youtube.com/user/ramitsethi  2. **Read for Robert Greene: Mastery, Seduction, 48 Laws of Power**   3. Maslow Hierarchy of needs   3. Read: How to Win Friends and Influence People      Just for kicks: read: Snakes in Suits: When Psychopaths Go to Work.  Hope this helps.


"There are several types of financial advisors. Some are associated with brokerages and insurance companies and the like. Their services are often free. On the other hand, the advice they give you will generally be strongly biased toward their own company's products, and may be biased toward their own profits rather than your gains. (Remember, anything free is being paid for by someone, and if you don't know who it's generally going to be you.) There are some who are good, but I couldn't give you any advice on finding them. Others are not associated with any of the above, and serve entirely as experts who can suggest ways of distributing your money based on your own needs versus resources versus risk-tolerance, without any affiliation to any particular company.  Consulting these folks does cost you (or, if it's offered as a benefit, your employer) some money, but their fiduciary responsibility is clearly to you rather than to someone else. They aren't likely to suggest you try anything very sexy, but when it comes to your primary long-term savings ""exciting"" is usually not a good thing. The folks I spoke to were of the latter type. They looked at my savings and my plans, talked to me about my risk tolerance and my goals, picked a fairly ""standard"" strategy from their files, ran simulations against it to sanity-check it, and gave me a suggested mix of low-overhead index fund types that takes almost zero effort to maintain (rebalance occasionally between funds), has acceptable levels of risk, and (I admit I've been lucky) has been delivering more than acceptable returns. Nothing exciting, but even though I'm relatively risk-tolerant I'd say excitement is the last thing I need in my long-term savings. I should actually talk to them again some time soon to sanity-check a few things; they can also offer advice on other financial decisions (whether/when I might want to talk to charities about gift annuity plans, whether Roth versus traditional 401(k) makes any difference at all at this point in my career, and so on)."


I'm kind of shocked that no formal behavioral modeling has been proposed as an explanation yet. One such model would be steep (hyperbolic, quasi-hyperbolic) discounting.  Consumers would rather pay for popcorn later than for an expensive movie ticket now.  For instance, consumers might when purchasing the ticket see a low value of popcorn and view the ticket price as the whole price because they do not predict purchasing popcorn.  Then when entering the theater, the present value of popcorn is very high and they purchase it.  There might therefore be a market for a commitment device (such as a popcornless theater) to make the appropriate decision ex-ante.  Another commitment device that seems to be practiced is when individuals sneak their own popcorn into the theater.  They may not actually want the popcorn, but by bringing their own they ensure they do not purchase the theater's.


"The title obviously implies it's an opinion piece. I don't how this escapes you. Unbiased articles are rare and emotional digs/crying about leadership happen to be majority of ""news"" these days anyways - including the NYT. Is an obvious opinion piece wrong? No. You missed the entire point of the article starting at the title."


Manufacturing *employment*. Manufacturing *output* has increased.  The people who used to be employed in manufacturing are slowly being shuffled to places where they can be more productive rather than taking up space in jobs where they have become extraneous due to productivity gains. This means a lot of retraining is necessary but there's really little alternative.  This has nothing whatsoever with the growth potential of the economy, so I'm not sure why you brought it up.


"I can't tell if you're just very stupid, young, or trolling.  You insist that if we don't like taxes we can just, ""go to Somalia."" WHICH IS NOT TRUE. Even if I did simply want to stop being American and live in Somalia I still have to pay taxes.  If it was totally free to leave you'd have a point - that I'm opting in to being here after the fact by not leaving. But that's just not the case. There is a real cost to leaving and renouncing citizenship and thus there is an aspect of being under duress to this ""agreement"" you claim we make.  Edit: Do you seriously not understand that these are exit taxes that I am talking about and not your regular income/property/whatever taxes?"


The Fed rate is so important because it sets a cost on lending institutions (banks, credit unions). It is the rate of interest that a bank gets by loaning its cash overnight to the Fed. Presumably, the Fed then loans the cash to other institutions around the world.  The banks loan money to individuals at a higher rate. Savers get a rate between what the Fed gives and what the bank gets. When times are tough the Fed will lower their rate to try to increase the lending that banks do. This is called Qualitive Easing.  The overnight rate is very low right now. That means that the Fed cannot lower rates to try to stimulate the economy. So to enable the Fed to do its voodoo they have to raise rates so that later they can lower them if needed.


The interest in your account is usually calculated based on the average monthly balance. What the bank will do is try to figure out how much money did you have on average over the month and give you interest on that amount. For example, if you had 10k on deposit and took it out half way through the month, you will still receive interest on about 5k, based on a monthly rate. What I would do is read in detail your agreement with the bank to figure out if your interest is based on an average annual balance and is paid at the end of the year or if it is based on a different measurement. Also, I would be very careful if this is a CD account, since they will have early withdrawal fees. Hope this helps.


Yep. Definitely troll.   Deregulation made it possible for anyone to start an airline and then airlines without unions kicked the snot out of unionized airlines. Same plane, same airports, and the flight costs $350 to fly on an airline with unionized employees or $300 to fly on an airline without the unions.   Guess which one the public picked?


To Chris' comment, find out if the assignment commission is the same as the commission for an executed trade. If that does affect the profit, just let it expire.  I've had spreads (buy a call, sell a higher strike call, same dates) so deep in the money, I just made sense to let both exercise at expiration. Don't panic if all legs ofthe trade don't show until Sunday or even Monday morning.


Yeah I live in Portland, not far from seattle. Housing crises here too. 1 bedroom apartment (with no door) cost me over 1300 a month. It's worse in some places. And this place is kind of a shithole, to boot. Even still, working at minimum wage, this shit is killing me.


"In general, following the W-4 instructions should result in withholdings that are fairly close to the amount of taxes that you will owe for the year, particularly if your situation is relatively uncomplicated. Claiming less withholdings than the form suggests can help ensure that you end up saving money in your ""interest-free IRS savings account"" and get a refund at the end of the year, which some people prefer so they don't need to budget separately for a tax payment. I'm guessing that the HR employee either prefers doing so himself or has on occasion received complaints from other employees that they ""didn't take enough out"". Personally, I'd prefer to claim as many withholdings as I can, and be sure to have some money aside in case it turns out that I have to owe a little bit, since it means I get more take-home pay throughout the year. It's good to keep in mind that a W-4 isn't written in stone. If it turns out that too much or too little is being taken out, you can always change it. You can also try playing around with the IRS withholding calculator to try some scenarios."


You make it seem as if we aren't in the early/mid stages of a credit bubble already. Market is filled to the brim with easy credit. 2 years at the most is where I have it set to start rearing its ugly head.


No program or government action will work for everyone on an individual level.  There are over 300M Americans.  The only thing the government can do is make broad stroke policy decisions that have the best *net* outcome for all involved.    Our current system has created conditions in which healthcare costs are out of control.  This is effecting both the sick and the healthy.  Finding a system that works to get the cost under control for the average American, while, ideally, maintaining quality of care, is the ultimate goal.    If that means we have to make a few sacrifices, like caring for the poor and unhealthy, to make it happen, then so be it.  I believe there is something in the Bible about caring for the poor and the sick.


It seems like it could be used for the reason stated, but it's hard to escape a more cynical reaction.  If you have a work station and it's assigned to somebody, then you can conclude that it's in use, unless that person is not working. The only way to get new information is by applying these to a series of unassigned work stations, to determine if you have more or less of these than you need.  This just seems like another step towards treating employees more and more like prisoners.


> Women have to be represented in the global economy or it'll cost the world a shit ton of $ later on.  Demonstrate how women are NOT represented in the global economy, and how this lack of representation will cost the world money later.  > There's a bunch of underbanked women around the world due to laws and Everex allows them to get microloans and/or execute deals in a micro finance fashion.  Great for Everex, but I can't help but notice the practice is a bit discriminatory against men, is it not?


"I think the best advice you could get would be to find a lawyer. If that foreign company has any presence in the US, they should be the ones signing off as the successor, otherwise you may find yourself in a limbo that would require some legal assistance. Generally, in most States a Corporation cannot be dissolved without resolving issues like this, which is probably why they told you ""the plan is terminating"". Someone asked them to terminate it. You need to find that someone."


"I'm not an expert by any means, but pretty much every source I've seen says that one year is far too short for any sort of real ""investment"".  Most guides suggest that anything less than 3-5 years should stay in no-risk accounts like savings or CDs.  If you need to be sure you get all of the money back after just one year, any sort of market-based investment (e.g., stocks or bonds) is too risky. One option is to buy I-bonds.  You can buy up to $10,000 worth in a calendar year, and 12 months is the minimum holding period.  The advantage of I bonds is that the interest rate is indexed to inflation, so that (roughly speaking) they cannot lose value in real dollars.  Right now they pay 1.94% per year, which is substantially better than you're likely to get with a savings account or 12-month CD.  This would come to $194 if you buy $10k of I Bonds. If you sell before holding them for five years (which you will under your plan) you forfeit the last 3 months' worth of interest.  Even so, your effective rate will likely be better than a savings account or CD.  (Also you could get 12 months' worth of interest if you're able to buy them slightly early and/or postpone your sabbatical slightly so that you hold them for 15 months.) Your other option is to find the best rate you can in a CD or savings account.  Nerdwallet for instance suggests you could get between 1% and 1.1% for a $10k deposit in a 1-year CD, which would be about $100. As you can see, either way your money is not going to grow that much.  You'll be gaining somewhere in the ballpark of a couple hundred dollars at most.  There just isn't a way to earn more than that in one year without some risk of losing principal. (I'm assuming based on your Texas flag pic that you live in the USA. :-)  To buy I Bonds you must be a US citizen, resident, or government employee.)"


The VAT number should be equivalent from the point of view of your client. The fact that you are a sole trader and not a limited liability doesn't matter when it comes down to pay VAT. They should pay the VAT to you and you will pay it to the government. I'll guess that their issue is with tax breaks, it is a bit more tricky to receive a tax break on paid taxes if you buy something abroad (at least it is here in Finland). If they won't pay you because of that, you could open a LTD or contract the services of a 'management company' which will do the job of invoicing, receiving the money and passing it back to you, for a fee.


Good thoughts. Automation is killing some jobs traditionally done by humans. And humans will compete with machines unless they can't be more affordable than machines (e.g., some McDonalds's have screens vs people for ordering). That's a prob with increasing wages vs cheapening tech. The reality, as you said is that some of these jobs WILL be won out by automation, regardless. But someone has to service/develop/etc all that automation, so I think jobs will be created in that industry for sure.


Term life insurance is just that - life insurance that pays out if you die, just like car insurance pays out if you have an accident. Like car insurance, it's easy to compare amongst term life insurance policies - you can even compare quotes online.  Whole life insurance is life insurance plus an investment component. The money that you pay goes to pay for your life insurance and it also is invested by the insurance company. Insurance companies love whole life because it is not a commodity; they can come up with a large variety of variants, and that fact plus the fact that it combines insurance and investment means that is very difficult to compare policies. Not to mention that fact that none of the companies - as far as I can tell - publish their whole life insurance rates, so it is very difficult to shop around.


While open interest usually correlates to volume, the mark of liquidity is the bid ask spread. Even when trading options with spreads as large as an ask 2x the bid, a more realistic price that traders are willing to accept lies somewhere in the middle. Any option can easily be exited at intrinsic value: underlying price - exercise price for calls, exercise price - underlying price for puts.  For illiquid options, this will be the best price obtained.  For longer term options, something closer to the theoretical price is still possible. If an underlying is extremely liquid, yet the options aren't quite then options traders will be much more ready to trade at the theoretical price. For exiting illiquid options, small, < 4 contracts, and infrequent, > 30 minute intervals, orders are more likely to be filled closer to the theoretical price; however, if one's sells are the only trades, traders on the other side will take note and accept ever lowering implied volatilities. With knowledge of what traders will accept, it is always more optimal to trade out of options rather than exercise because of the added costs and uncertainty involved with exercising and liquidating.


it's so much easier to stop payments then have to go asking for your money after a bank has taken it. I have had monthly homeowners payments taken after I sold a property. Took a lot of effort to get my money back. Wish I had taken a few minutes to stop the payments earlier.


"You seem pretty on the ball with corporate men's fashion so question: do guys in the US ever use silk knots?  I know they are used in Europe as a more casual replacement for cuff links, but I've noticed that their free inclusion with shirts makes certain people think of them as cheap.  I quite like them, and they may be a less ""pretentious"" look for an intern (or maybe not)."


I really like Rocky's answer, some more info: Keep in mind there is no limit on punitive damages.  You could sue for the pants (160) + the filling fee (50) + a reasonable hourly rate to compensate your time (assume 200) + punitive damages of  4590 (assume 5000 limit on small claims court).  When facing a suit of 5000, it could be much cheaper to settle for 160. Keep in mind you don't have to take it.  Once you file you may only settle for the pants plus filling fee.  Once you actually get to court, you may only settle for the pants + filling fee + some time compensation. If you have the claim ticket, you will win.  The question becomes how much punitive damages could you also win?  Filling fee, easy.  The compensation for your time, very likely.   Once the owner is served a summons, they will probably go to a lawyer.  The lawyer will tell them to settle ASAP.  Use that to your advantage.   One thing you might be able to settle for is free dry cleaning.  They might give you the $160, plus another $160 in free dry cleaning...if you are willing to use them again.


If I understand you right, what you need is the minimum amount in the account until your next deposit.  So for example, if today is the 10th and you get paid on the 15th, how much do I need to have in the account, so I know how much I can spend?  That amount should be all of the bills that will be paid between today and the 15th. An alternative would just to keep a running balance and see what the minimum value is. My personal finance software does that for me, but it's possible, although a little more complicated, in Excel.  You'd have to find the date of the next deposit, and do a SUMIF looking for dates between today and that date.  That's about as far as I can get without getting off-topic.


You should talk to a financial fiduciary (make sure they are a fiduciary, not all planners are) about investing your money.  Even ultra safe investments such as treasury bonds will beat the 1% interest rate offered by your savings account (the yield on the 5 year treasury is currently around 2%).


Does this make sense? I'm concerned that by buying shares with post tax income, I'll have ended up being taxed twice or have increased my taxable income. ... The company will then re-reimburse me for the difference in stock price between the vesting and the purchase share price. Sure.  Assuming you received a 100-share RSU for shares worth $10, and your marginal tax rate is 30% (all made up numbers), either: or So you're in the same spot either way.  You paid $300 to get $1,000 worth of stock. Taxes are the same as well.  The full value of the RSU will count as income either way, and you'll either pay tax on the gains of the 100 shares in your RSU our you'll pay tax on gains on the 70 shares in your RSU and the 30 shares you bought.  Since they're reimbursing you for any difference the cost basis will be the same (although you might get taxed on the reimbursement, but that should be a relatively small amount). This first year I wanted to keep all of the shares, due to tax reasons and because believe the share price will go up. I don't see how this would make a difference from a tax standpoint. You're going to pay tax on the RSU either way - either in shares or in cash.  how does the value of the shares going up make a difference in tax? Additionally I'm concerned that by doing this I'm going to be hit by my bank for GBP->USD exchange fees, foreign money transfer charges, broker purchase fees etc.  That might be true - if that's the case then you need to decide whether to keep fighting or decide if it's worth the transaction costs.


If interest rates have gone up, don't sell when you move. Refinance to lock in a low rate and rent out your current house when you move. Let the rent pay your new mortgage.


"I think to some extent you may be confusing the terms margin and leverage. From Investopedia Two concepts that are important to traders are margin and leverage. Margin is a loan extended by your broker that allows you to leverage the funds and securities in your account to enter larger trades. In order to use margin, you must open and be approved for a margin account. The loan is collateralized by the securities and cash in your margin account. The borrowed money doesn't come free, however; it has to be paid back with interest. If you are a day trader or scalper this may not be a concern; but if you are a swing trader, you can expect to pay between 5 and 10% interest on the borrowed money, or margin. Going hand-in-hand with margin is leverage; you use margin to create leverage. Leverage is the increased buying power that is available to margin account holders.  Essentially, leverage allows you to pay less than full price for a trade, giving you the ability to enter larger positions than would be possible with your account funds alone. Leverage is expressed as a ratio. A 2:1 leverage, for example, means that you would be able to hold a position that is twice the value of your trading account. If you had $25,000 in your trading account with 2:1 leverage, you would be able to purchase $50,000 worth of stock. Margin refers to essentially buying with borrowed money.  This must be paid back, with interest.  You also may have a ""margin call"" forcing you to liquidate assets if you go beyond your margin limits. Leverage can be achieved in a number of ways when investing, one of which is investing with a margin account."


Hey guys, I found this website, it seems to do it for free, and they have many options. If let me know if you find something better than this.  http://members.zignals.com/main/


Do yourself a favor: calculate the price of airfare, calculate how many points it takes to get a good flight, and calculate how many points you get per dollar spent. What you will find is that it is a ripoff. Leave the card at home and unlink it from your online purchasing accounts. You're welcome. If you really want to earn rewards, just put your necessary bills on that card. Over time it will accumulate, but do the math first so you can weigh the consequences.


"I can't vouch for Australian law, but in the US there is actually a recognized mechanism for ""in-family loans"" which ensures that it's all fully documented for tax purposes, including filing it as an official second mortgage. (Just did that recently in my own family, which is why I'm aware of it.) We're required to charge at least some interest (there's a minimum set, currently around 0.3%), and the interest is taxable income, and it is wise to get a lawyer to draw up the paperwork (there are a few services which specialize in this, charging a flat fee of about US$700 if the loan is standard enough that they can handle it as fill-in-the-blank), but outside of that it's pretty painless. This can also be used as a way of shifting gift limits from year to year -- if you issue a loan, and then gift the recipient with the payments each year (including the payments), you've effectively spread the immediate transfer of money over multiple years of taxes. Of course it does cost you the legal paperwork and the tax in the interest (which they're still ""paying"" out of your gift), but it can be a useful tool, and it's one that wasn't well known until recently. Again: This is all US codes, posted only for comparison (and for the benefit of US readers). It may be completely irrelevant. But it may be worth investigating whether Oz has something similar."


Exactly; it also really rubs me the wrong way when people pitch just throwing everything in an s&p 500 vanguard fund, and pretend like thats a diversified portfolio.  Bonus points if they make this pitch to someone 5 years from retirement.


Martin Shkreli was only able to do what he did, because of the stupid rules government put in place.  There is a reliable generic today.  Many, in fact.  But you can't buy it because it's foreign.  (Oh, think of all the poor Australians, Canadians, and Italians, dropping over dead from their unsafe pills!!! We can't allow that here!  /s)  It's $1 or less a pill in other first world countries with stellar pharmaceutical industries.  Congress could fix it in 10 minutes but they don't.  Shkreli played by the rules put in place.


No. The information you are describing is technical data about a stock's market price and trading volume, only. There is nothing implied in that data about a company's financial fundamentals (earnings/profitability, outstanding shares, market capitalization, dividends, balance sheet assets and liabilities, etc.) All you can infer is positive or negative momentum in the trading of the stock. If you want to understand if a company is performing well, then you need fundamental data about the company such as you would get from a company's annual and quarterly reports.


"If you look around online and read about credit scores, you'll find all kinds of information about what you should do to maximize your credit score.  However, in my opinion, it just isn't worth rearranging your life just to try to achieve some arbitrary score.  If you pay your bills on time and are regularly using a credit card, your score will take care of itself. Yes, you can cut up the card you don't like and keep the credit card account open.  The bank may close your account at some point in the future because of a lack of activity, but if they do, don't worry about it.  You have other accounts that you are using.  Personally, I don't like having open credit accounts that I'm not using; I close accounts when I'm done with them.  I realize that it goes against everything that you will read, but my score is very high and my oldest open credit card account is 2 years old.  Don't let them scare you into credit activity that you don't want just to try to ""win"" at the credit score."


As with most strategies there are pros and cons associated with this approach: Advantages of using LEAPS: Disadvantages of using LEAPS: Read more about it in great detail on my blog: http://www.thebluecollarinvestor.com/leaps-and-covered-call-writing-2/


What is much more likely is immediate or close to immediate investment.  but this is exactly my point of contention with how they do things. I know for a fact that the money is immediately invested, which is why i find it wrong that interest for money collected in a given financial year is announced after the end of the next financial year.  i was wondering if this was a common practice in other countries.


"What is ""microlearning?""  After just checking Google, and after reading through the corporate jargon, it sounds like it's a fancy way of saying ""I don't know the answer to this question, so I'm going to Google it.""  Did I just ""microlearn"" without even realizing it?"


Most likely your accounting is cash basis, not accrual, so it's pretty tough to do unless you resort to the dodgy methods discussed so often by the tax avoidance enthusiasts.  There is a difference between a CPA service and a tax lawyer, perhaps you need to know one of the latter.


From PayPal's Q&A The PayPal Debit MasterCard is the fastest way to withdraw money from   your PayPal account. As a MasterCard, Amazon is beside the point. You can use it at any store that takes MasterCard Debit cards. And there would be no fees at all. It's your money.


This question is very open ended. But I'll try to answer parts of it. An employer can offer shares as part of a compensation package. Instead of paying cash the employer can use the money to buy up shares and give them to the employees. This is done to keep employees for longer periods of time and the employer may also want to create more insider ownership for a number of reasons. Another possibility is issuance of secondary offerings that are partially given to employees. Secondary offerings often lower the price of the shares in the market and create an incentive for employees to stay until the stock price rises. All of these conditions can be stipulated, look up golden handcuffs. Usually stock gifts are only given to a few high level employees and as part of a bonus package. It is very unusual to see a mature company regularly give away large amounts of stock, as this is a frowned upon practice. Start ups often pay their employees with stock up until the company is acquired or goes public.


Well, you can just say that 1 dollar contributed = one share and pay out dividends based on number of shares. That makes it pretty easy to make things fair based. There are pros and cons with this pooling approach.


"the mortgage interest deduction alone couldn't make this work, but if you realize less income by living off the mortgage funds, then it could definitely reduce your taxes by much more than the cost of the mortgage interest.  particularly, if you are waiting for some future cut-off date (e.g. turning 59.5 and getting access to roth funds, turning 70 and getting social security, simply doing a roth conversion with strategic recharacterization at age 40 and waiting 5 years to get the money out penalty-free, etc.).  and that future date could be quite far off if you only use a small fraction of the total mortgage each year. plus, it is fairly reasonable to assume that equity market returns will outpace mortgage rates, especially if you are ""rich"" and don't need to worry about living on the street even if the market hits unprecedented lows.  while i find most financial advisers to be incompetent (most people really...), i wouldn't write this guy off, just because he left out the specific details that made the strategy work for one particular client."


Yes I would be pissed, NO someone should not go to jail just because I am pissed and they made a horrible negligent decision with money that people trusted to them.  Someone *should* go to jail if they broke a law. From your description, it sounds like they did. I'm still not convinced though until you can tell me where these strict regulations are and what they say.


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He's an investor, not an economist, and he's making a common error of not considering the political rich separately from the economic rich.   The economic rich make the world a better place by creating goods and services people are willing to pay for.   The political rich use government to stack the deck in their favor and collect revenue without providing comparably valuable good or services in return.


They don't control an entire market. They're not the only online retailer, they're not the only supplier or producer of a specific item. They do too many things to ever become a manopoly.   They're just shifting markets to their side, but they will never have full control. Think of amazon as the Roman empire taking up land. The Romans had great armies they could take almost any teritory they wanted but the bigger thier territory got the more boarders they had to protect. This essentially put a limit on their expansion. Same with Amazon they will take a great deal of the market but won't take it entirely because there is no way they can be the best at everything. The more they expand the more they have to spread out their workforce, R and D cost go up, you have to hire more specialist, they become a jack of all trades mater of none. Specialization always creates the best so unless they can specialize in everything they will cretae a mediocore product that someone else will perfect.    Dont get me wrong i think will dominate but they wont be a monopoly.   That being said, there is the posibility they try to go political and lobby for laws that stomp out their compatition similar to ISPs. If this goes down then we may have a monopoly form in the future.


You're certainly still responsible to pay what you owe the company given that: 1. for whatever reason, the recipient never received the checks. and 2. the money was credited back to you, albeit in a less than timely manner. However, if you take the time to explain the situation to the business, and show them proof that you sent the payments I would guess they would probably be willing to work with you on removing any late fees you have been assessed or possibly setting up a payment plan. Also, if you have been charged any overdraft or minimum balance fees by your bank while they held your money for the payments that was eventually credited back to your account, you might be able to get them to refund those if you explain what has happened. This is really a perfect example though of why balancing your checking account is as important today as it ever was.


Investing $100k into physical gold (bars or coins) is the most prudent option; given the state of economic turmoil worldwide.  Take a look at the long term charts; they're pretty self explanatory.   Gold has an upward trend for 100+ years.  http://www.goldbuyguide.com/price/ A more high risk/high reward investment would be to buy $100k of physical silver.  Silver has a similar track record and inherent benefits of gold.  Yet, with a combination of factors that could make it even more bull than gold (ie- better liquidity, industrial demand).   Beyond that, you may want to look at other commodities such as oil and agriculture.  The point is, this is troubled times for worldwide economies.  Times like this you want to invest in REAL things like commodities or companies that are actually producing essential materials.


I use my Acer W500 (Windows 7 64bit) for browsing Internet (porn, news, reddit, wikipedia) and reading books. Haven't found any other reason to use it yet. Maybe if I would do some work that requires lot's of walk work and browsing inventory, it could have some additional use. I wonder what kind productivity improvements MS is planning.


You just disclosed that you are new investor to the stock market. I'd advise that you first understand investing a bit better, as most will advise that investors need to be above a certain level before picking individual stocks.  That said, most stocks trade in high enough volume and have low enough short interest that they don't fall under the category you seek. You want to first ask your broker if they have such a process, not all do. If so, they would need to provide you with the stocks that fall into this odd situation, specifically, the shares that have traders seeking to short the stock, but the stock is unavailable. Even then, the broker may have requirements that you don't fall into, minimum history with broker, minimum size account, etc. Worse, they are not likely to offer this for 100 shares, but may have a 1000 or higher share requirement. Are you willing to buy some obscure $50/sh priced stock to lend out at 1%/mo? The guy trying to short it is far smarter than both you and I, at least regarding this particular stock. This strategy is more appropriate for the 7 figure net worth investor.  If any reader has actual experience with this, I'm happy to hear it. This response is from my recollection of two articles I read about 3 years ago, coincidence they both were published within weeks of each other.