But how does the quantity matching happen? For example, if I want to buy 1000 shares at $100, but there is only one seller to sell 10 shares at $100, what happens then? This depends on the type of order you've placed. If you placed a fill-or-kill order, your order to buy or sell a certain number of shares is routed to the trading floor for immediate execution. If the order cannot be immediately filled, it is cancelled (killed) automatically. Note that the order must be filled in its entirety. Partial fills are not allowed. In your example, your buy order wouldn't be filled because it couldn't be matched to a sell order of the same volume. This is similar to an all-or-none order, which is an order that contains  A condition instructing the broker to fill the order completely or not at all. If there is insufficient supply to meet the quantity requested by the order then it is canceled at the close of the market. In this case, if your order wasn't matched to an order of the same volume by the time the market closes, it's cancelled. If you simply placed a market/limit order, and (in the case of the limit order), part of your order was matched to another order with the right price, that part of your order will be filled, while the rest will remained unfilled.


Can you please expand on the Obama bailout BAC incurred in addition to the TARP and how much BAC has outstanding. I thought the only other assistance BAC received was part of the Making Home Affordable program, but that isn't meant to be recovered. [Here's a site that tracks every bailout program] (http://projects.propublica.org/bailout/programs/6-making-home-affordable). Maybe this will help you with your claim.


>$200,000 home or less  AAHAHAHAHAHAHAHA.  I'm still not seeing houses in a metro-area with jobs going for less than $350k-$400k.  I think it's because I live in the Northeast and the Boston area, but that *is* where the opportunities are.


"Does this make sense to anyone? It estimated hes made 300 mil in the last fight but lets say its a conservative 100 mil. 4% in the market after inflation is 4mil a year. If it was the 300 mil then it'd be 12 mil hes giving up. Probably more. And that's just the first year, not compounded.       So he expects me to believe that he's making ""smart investments"" in his strip club but not putting the money in the market. This makes zero sense."


"Using a ""vehicle"" is a common technique to isolate project-specific risk from the remainder of the company. There's not any problem with the vehicle making zero paper profits, it was only ever a paper company.   The dodgy bit is when they start offering remuneration to participants based on the vehicle's profits - anyone with any sense goes on gross.  Or when they are artificially shifting the profits around for tax reasons."


You chose the worst case though, his last year alive. The GDP of the world is something like $85 trillion.  1.05^x = 85 *10^12  x = log base 1.05(85*10^12 ) //reddit should add subscripts, that would be nice  x = 657   2014-x = 1357   He was born in 1343, so if he invested when he was 14 he would be good.


In general, deposits into an NRE account must be the proceeds of remittances from outside India. If you send your friend a cheque, denominated in Indian Rupees, drawn on your NRE account (which is an account held in a bank in India), that cheque will most likely be refused by your friend's bank for deposit into your friend's NRE account. Your friend could deposit it into an NRO account, though, but that deposit would likely draw the attention of the income tax people.


"Too many of my fellow Americans are obsessed with policing each other's sobriety.  Couple that with privatized healthcare / insurance and a bunch of companies will drug test just to keep their rates down.  Anyone who criticizes it will be shamed for ""Wanting to get high""."


"I purchased a portable A/C unit from Amazon from a third party reseller, when it died after 18 months the seller had vanished and I had no evidence/proof/contact to make a claim. Manufacturer warranty was only 12 months so no luck there either.  Resellers need to bake returns into their profit margin. The example in the article of electronic devices being ""too complicated"" is a good example. A non tech savvy person wants an intuitive device instead of reading a bunch of instructions, big box stores and Amazon itself realize it's a legitimate return. Someone born in the 90s trying to make a quick buck reselling imports can be like ""it's easy, just do steps A, B, F, Q, Z"" when a non tech person may only remember A+B"


Since GLD is priced as 1/10 oz of gold, I'd call it the preferred way to buy if that's your desire. I believe gold is entering classic bubble territory. Caveat emptor.  A comment brought me back to this question. My answer still applies, the ETF the best way to buy gold at the lowest transaction cost. The day I posted and expressed my 'bubble' concern, gold was $1746. Today, nearly 5 years later, it's $1350, a drop of 23%, plus an additional 2% of accumulated expenses. Note, GLD has a .4% annual expense. On the other hand, the S&P is up 80% from that time. In other words, $10K invested that day would be worth less than $7,700 had it been invested in gold, and $18,000 in stock. It would take a market crash, gold soaring or some combination of the two for gold to have been the right choice then. No one can predict short term movement of either the market or metals, my answer here wasn't prescient, just lucky.


No.  In a marginal tax system, only additional dollars that push you into a higher bracket are taxed at that higher rate.  If you would pay 15% on $73800, then when you earn over $73800, you will still only pay 15% of the $73800, plus 25% of the extra amount over $73800.  As far as a marginal income tax affects things, you cannot decrease your net income by increasing your salary.  (There can be other potential reasons to keep your income down besides income taxes, as asked in this question, but as the answer there suggests, these often aren't great reasons either.) As far as I know, every income tax system that has differing tax rates works this way.  That is, I'm not aware of any country with an income tax system where you can decrease your net earnings by moving into a higher bracket.


Generally speaking, each year, mutual funds distribute to their shareholders the dividends that are earned by the stocks that they hold and also the net capital gains that they make when they sell stocks that they hold. If they did not do so, the money would be income to the fund and the fund would have to pay taxes on the amount not distributed.  (On the other hand, net capital losses are held by the fund and carried forward  to later years to offset future capital gains).  You pay taxes on the amounts of the distributions declared by the fund. Whether the fund sold a particular stock for a loss or a gain (and if so, how much) is not the issue; what the fund declares as its distribution is. This is why it is not a good idea to buy a mutual fund just before it makes a distribution; your share price drops by the per-share amount of the distribution, and you have to pay taxes on the distribution.


@ Daniel Anderson shared interesting insights. In my research I learned a few things Some interesting data on fraud trends  AFP Payments Fraud and Control Survey 2016 As a consumer, at the very least I'd improve awareness of I'd also learn about basic types of fraud And for the techies out there, I'd recommend learning about layered security (There's no way the customer service is going to talk about this)


And that's your choice man just because you don't like the deal doesn't make it a scam. Everyone knows what's going on going into the deal.   Also you should know I'm not the one downvoting you I just disagree with you.


Pay it all off now before you change your mind.   Having an emergency  fund is important but that assumes you'll have the discipline to leave it alone.  Obviously, you don't or you wouldn't have amassed $36k in cc debt. Regardless of the rates, your icome or any other factor, that's just way too much and a pretty good indication that you've got problems managing money.  Pay them off now while you still can!


To qualify as a woman owned business, a woman or group of women must own shares worth 51% of the business. If your investor was a woman, the entire 5% could come from her share of the company without affecting the 51% ownership requirement. Could you find a woman to add as an investor? If you each had your shares diluted 5%, She would be down to 48.45% ownership, and you would be down to 46.55% ownership. The only way for you to get back to a 51% female ownership situation would be to give a 2.55% ownership stake (from your share) to a wife, sister, mom, girlfriend, or any other woman who you think should benefit from this arrangement. This would still put you down at 44% (effectively taking the whole 5% from you) but by giving some of your share to someone else, it does require your partner to make some of the sacrifice, while still benefiting someone you care about (if you have someone you would like to give that benefit to). In summary, this is what it would look like:


Hopefully is a very good term.   It remains a fact because in the current scenario of low growth, companies don't see much of a reason to invest, and all evidence points agrees.   So what are companies doing with all the extra cash they are getting from the rich? They are either buying back their own shares (which is a divestment), or they are doing mergers and buyouts, which are both at record highs at the moment. Here too evidence points that neither of these are actual productive activities. Share buy backs only inflate the share price without actually changing the market cap, as there are less shares in the market. Mergers have a strong track record of being expensive and ultimately bad investments that do more to erode value than they do to increase it.   Then of course, there are the fees from the finance industry that are from these investments, share buy backs, and mergers that are just added into the spinning wheel without actually impacting the real economy.


">Large multinationals are necessarily divided into semi-autonomous operating units. This was a local ad for a small market. ""Burger King"" as some monolithic corporate person likely knew next to nothing about this campaign until after it was published.  Not a great excuse. I've worked in a local unit of a larger corporation. Although it was a different field entirely, I know something about how autonomy works - or ought to. You should know enough to know *when* you need to contact other people higher up the chain for an OK or clarification, and running a sexual campaign for a family restaurant it clearly one of those times. You're potentially toying with the image of the entire brand, and if you don't know to get an OK for that, you do not deserve your job.  >You can get in an argument about whether innuendo is representation, i.e., whether all this ad represents is someone about to eat a sandwich.  That's why I said she had a case, and not ""They would clearly be found in the wrong if she brought a case forward."" (Although I think the vast majority of people would agree there is significant sexual innuendo here.)"


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Missouri.    There is silage use here, but the capital costs are prohibitive for all but the largest producers, and grass is cheap to produce compared to most silage crops for us.  It may be that silage is something we should look into.  I know most old farms here had silos, but almost all have fallen to ruin, and the only ones left are at large dairies.  I can't think of any that are used for beef.  Either way, rotation is cheaper than hay or silage.  We don't have any problem producing grass most of the year.


Good point. I argued this morning with an asshole that illegally parked his truck and blocked traffic on my street for 30 minutes during rush hour; he told me if I had a problem with it I could call the cops. Automated trucks won't be able to replicate his dickhead attitude of lack of concern for anyone else on earth.


List your property in Puyallup WA in our database and sell your home at the  best price. Leske Realty is the leading real estate agent in the region and  over the years we have helped many buyers and sellers to achieve their real  estate goals.


As Mhoran stated, no dependents, no need.  Even with dependants, insurance is to cover  those who would otherwise have a hardship. Once the kids are off to college and house paid for, the need drops dramatically.  There are some rather complex uses for insurance when estates are large but potentially illiquid. Clearly this doesn't apply to you.


Don't you think the fact that most of the world's wealth is concentrated in that top 1% has *something* to do with that? The fact is neoliberal, supply side policy does not work in part because people horde capital. I do not blame anyone for banking money, but I do believe tax policy should reflect human behavior.


It depends on the asset and the magnitude of the exchange rate change relative to the inflation rate. If it is a production asset, the prices can be expected to change relative to the changes in exchange rate regardless of magnitude, ceteris paribus. If it is a consumption asset, the prices of those assets will change with the net of the exchange rate change and inflation rate, but it can be a slow process since all of the possessions of the country becoming relatively poorer cannot immediately be shipped out and the need to exchange wants for goods will be resisted as long as possible.


Because this is Money.SE and you're connecting it to offspring, I'd think about a discussion with them to get their agreements. From my perspective, anything (my wife and) I have will go to offspring in the end. As such, everything borrowed and not repaid simply reduces the estate by that much. Among multiple offspring, such reductions should be against the borrower rather than spreading it out. That should be accounted for in whatever will is created. This would be the discussion point. It might also be discussed how or even if any interest should accrue for unpaid amounts. If, for example, a 1% APR is agreed upon for unpaid loans, then the final principle+interest amount is taken off of the borrower's inheritance. Existing outstanding loans might (or might not!) be useful examples for sample calculations if desired or needed. (If nothing else, they might serve as reminders that loans were not forgotten.) By having such a discussion, you can show that you are trying to plan for a fair distribution of your estate, perhaps thereby sidestepping any concern about charging interest to offspring for repaid loans. At the same time, you're handing over some financial responsibility, giving them a power of personal choice, which seems to be a part of what you're concerned about. Once such a discussion is started, it's possible that any question of interest will resolve itself naturally. The discussion almost necessarily must include all offspring at once. One will find it harder to negotiate from a standpoint of pure self-interest without objection from another. Think beforehand about what will be said and about what responses might come. Think things through as much as you can.


It is a bad deal.  It saves the government from processing your refund as a check or an ACH deposit, and lets them keep your money -- money that they overwithheld! -- interest-free for another year. Get it back. :)


hello pointbox,  i enjoy getting in front of someone that does know what they are talking about, so i have a question for you...  could you give to us a textbook example of what a high frequency trade looks like?


If you were certain you would probably do best by short selling an ETF that tracked the index for the market you think was about to tank. You'd certainly make a lot more money on that strategy than precious metals. If you were feeling super confident and want to make your money earn even more, you could also buy a bunch of put options on those same ETF funds. Obligatory Warning: Short selling and options can be extremely risky. While most investments cap your potential losses to your total investment, a short sale has no theoretical limit to the amount of money you can lose.


I've been to SeaWorld San Diego once as a kid and as a kid I believed that SeaWorld cared for marine life and this was their way to help promote understanding for it.  From what I've read and from what SeaWorld has done and is doing about it, the picture does not look pretty.  No matter how much goodwill they do and how much they change everything... It'll always come down to two factors, the image of SeaWorld being tarnished and all the changes taking away the magic of SeaWorld.  It would fare better under the hands of a different owner. Legoland San Diego has fared better and has not had a PR disaster happened while the park has operated. Maybe the owner of Legoland San Diego should take over SeaWorld, they'll fare better at turning it around and running it.


"Mixing concept does not help to have a realistic mental model of how the world is.  There are big problems with MSM, but it's not a conspiracy. To explain the problems with MSM you don't have to mention 1% or secret jeewtings (jew meetings).  Furthermore, these groups (G8, Bilderberg, Davos, and so on) are not ""in control"" of the world. They are groups of important people/organizations, but every member is in turn controlled by their constituents/shareholders/voters/members.  Are there problems with corporate accountability? Sort of (too short term focus, and other problems with shareholders/management - just like the agent-principal problem in governments).  Are there problems with democracy (gerrymandering, first past the post voting, and [propaganda](https://www.theatlantic.com/international/archive/2015/04/how-the-media-became-putins-most-powerful-weapon/391062/), Russian cyber war influence operations, single issue voters)? [Yes](https://medium.com/@thegrugq/the-russian-way-of-cyberwar-edb9d52b4876).  Are there some ethnicities overrepresented? [Yes](http://slatestarcodex.com/2017/05/26/the-atomic-bomb-considered-as-hungarian-high-school-science-fair-project/).  Does this mean these problems are somehow extremely coupled and have the same ultimate or proximate cause? No."


"I'm not sure these are all good e.g. ""Facebook: A Friendster for college students"".  What's the point of describing one company with another? Especially one that is smaller? And it used to be just college students, but not any more."


Ah, yes. The report that makes some very strange assumptions, such as the following:  * People drive less than 100 miles per week (5,170 miles per year, or just over 14 miles a day).  * People are moving at all times while driving and at a constant speed. * The factories making the batteries are entirely powered by fossil fuels.  * Your non-electric vehicle had zero emissions during its own production. * You don't have a lead-acid battery in your non-electric vehicle. * Your non-electric vehicle took no emissions to reach the lot where you bought it.  With a narrow-enough constraint, a person can make anything appear true. However, once those constraints are themselves examined, the silliness of it becomes quite clear.


Yeah it's called the Fed buying shit mortgages that the banks invented to make money, then got bailed out on 100 cents on the dollar for, and with an underhanded deal that the banks will then buy Treasury bills with the magically prestidigitated money the Fed creates out of nothing that the banks receive in order to prop up federal debt prices, and thus keep interest rates down, so the dollar can limp along a little while longer until the bottom drops out because they are out of ways to keep the money cheap because at some point government debt will become massively discounted no matter what they do.  Only, how does this bizarre circlejerk process end?  It ends with consumption ramped up consuming things for a large war, is how it ends.  Edit: I'm wasted.  Fuck you.


The main source is a direct feed from the stock market itself. The faster the feed, the more expensive. 15-minute delay is essentially free... and for those of us who do long-term investment is more than adequate.  If you want data sooner, sign up with a brokerage that provides that service as part of what you're paying them for... and remember that every bit you spend on services is that much more profit you have to make just to break even, so there's a real tradeoff.


Of course it is a dilution of existing shareholders. When you buy milk in the supermarket - don't you feel your wallet diluted a little? You give some $$$ you get milk in return. You give some shares, you get Watsapp in return. That's why such purchases must go through certain process of approval - board of directors (shareholders' representatives) must approve it, and in some cases (don't know if in this particular) - the whole body of the shareholders vote on the deal.


I think they give away their shit for free (right?)  but if not... 100% true.  definitely going to be everywhere in China immediately... not even a debate.  people here who doubt this don't work in a Chinese company


"Cash is a pain to deal with.  You have to have change ready for that dick in seat 1A who doesn't have anything smaller than a $20, then by the time you get to seat 39F, you've got hundreds (if not thousands) of dollars.  This means that the flight's turnaround time now includes counting, securing, and transporting money, not to mention dealing [with the inevitable problems that an increase in money will bring](http://graphjam.files.wordpress.com/2008/03/image003.jpg).  The alternative is having a little handheld machine that, for under $1 per transaction, reduces turnaround workload to ""push the 'sync' button.""  It makes complete sense in that context, I believe.  (Also, if you're flying, I'd say the odds are very good you have some sort of credit-card-like instrument on your person.  This might just be my own perspective, though.  I've accidentally fucked over taxi drivers by forgetting that mobile credit card terminals are not ubiquitous.)"


1) How long have you had the car?  Generally, accounts that last more than a year are kept on your credit report for 7 years, while accounts that last less than a year are only kept about 2 years (IIRC - could someone correct me if that last number is wrong?). 2) Who is the financing through?  If it's through a used car dealer, there's a good chance they're not even reporting it to the credit bureaus (I had this happen to me; the dealer promised he'd report the loan so it would help my credit, I made my payments on time every time, and... nothing ever showed up.  It pissed me off, because another positive account on my credit report would have really helped my score).  Banks and brand name dealers are more likely to report the loan. 3) What are your expected long term gains on the stocks you're considering selling, and will you have to pay capital gains on them when you do sell them?  The cost of selling those stocks could possibly be higher than the gain from paying off the car, so you'll want to run the numbers for a couple different scenarios (optimistic growth, pessimistic, etc) and see if you come out ahead or not. 4) Are there prepayment penalties or costs associated with paying off the car loan early?  Most reputable financiers won't include such terms (or they'll only be in effect during the first few months of the loan), but again it depends on who the loan is through. In short: it depends.  I know people hate hearing answers like that, but it's true :)  Hopefully though, you'll be able to sit down and look at the specifics of your situation and make an informed decision.


">What? I can literally look at a list of individual salaries (I know they are self reported but nobody has a reason to lie about this) that is broken down on a year-by-year basis. The school literally gives you all of the information. How is it naive to believe its true? I'm sure this is the case at most state schools.   **ALL** the information?  My foot.  Do you know what ""confirmation bias"" (or even more appropriately [""selection bias""](http://en.wikipedia.org/wiki/Selection_bias) and [""survivor bias""](http://en.wikipedia.org/wiki/Survivorship_bias)) implies? How about ""cherry picking"" of data?  What about all of the graduates with X degree who are NOT working in that field?  Unless you have a FULL listing of ALL previous graduates and what they ALL went on to do (and whether they succeeded or failed, an ""initial"" job is meaningless if they could not sustain a career in the field) -- or absent a full listing, at least an objective and independently derived *true* random representative sample (IOW, not just ""selection bias self-reports"") then you are getting a list of only the ""successes""... and virtually ANY school can give you that. (Even the worst schools have an occasional graduate {or a few dozen} that go on to some significant success, even if just a few % of the alumni.)"


"From the Op's comment below re: the ""audit""  http://www.gao.gov/new.items/d11696.pdf, the first paragraph states that loans outstanding peaked at just over 1 trillion in 2008.  So you'd look at the Fed's balance sheet of loans outstanding over time, and perhaps subtract amounts reported as more normal operations."


I would recommend you look at Credit Karma and assess your situation. The site is free and will offer a score similar to your FICO score enabling you to best judge when to apply. They advertise, like any web site, and will offer credit card signups, which is how they make money.  Disclaimer - I am a blogger and have written about Credit Karma, but no payment from them. I've actually been out drinking with their marketing team, but that was it. Nice bunch.


Same - fields like accounting and law, where you have to track your hours and be productive in the time you actually bill clients for, are much more intense than people realize. I wish I had an office job where I could just twiddle my thumbs half the time and pretend to work.


"break new ground  ""band aid""  ""on the back burner""  ""a lot on your plate""  ""knowledge transfer""  ""fire drill""  Man, I do NOT miss working there.   The annoying part was being ""called to serve"" at any given moment. I was good about that, I tend to half-remember what's going on, but I've had co-workers caught with their pants down (so to speak, though who knows...)  ""Rob, you've been working on ______ ,what do you think about _____?""  ...  ""...Rob?""  ""Well, it looks like we lost Rob.""  **5 minutes later**  ""SORRY GUYS I HAVE CHILDREN AND USE THEM AS AN EXCUSE FOR EVERYTHING.""  The man got promoted and became my boss. I immediately quit."


"As /u/Im_In_You replied, you need a lot more capital if you're going to make a difference in your personal finances. Remember to only invest the money that you can risk losing; don't put your emergency savings in the stock market.  As for success, I replied with this to a snarky poster above:  >I started investing with $15,000 in 2009, my first trade being to buy Ford around $2 before the other two got bailed out. That single trade put me in the six figures. I've followed that up with equally successful trades such as shorting Netflix when they announced their new pricing plan, buying Tesla when they first started selling the Model S, etc. So yeah, even benchmarked against the 2009 bottom of the S&P500, I've had ""success.""  Although the professionals have access to far more information than I ever will, there is something to be said for being able to predict major trends. After all, the stock will either go up or down. Even with all the data in the world, your only options are to either go long or short. You have a 50-50 chance of beating the hedge fund crowd. Admittedly, very few people will have the same returns I've had over the past ~5 years."


Bingo. And remember, hedge funds are for a specific kind of investor (UHNW, institutional) as a *hedge* against when things go bad.   I won't argue against the fees being exorbitant. And I certainly think that the explosion of funds has led to a lot more people just trying to beat the market (instead of providing a differentiated strategy).   HFs will always get slammed in times like this because of what they charge. But any of the good ones (at least on the equities side) are always likely to struggle to beat the benchmark when the benchmark is a roaring bull. Some judgement really should be reserved for times of distress


"This is the best tl;dr I could make, [original](https://www.thenation.com/article/america-has-a-monopoly-problem-and-its-huge/) reduced by 88%. (I'm a bot) ***** > Some century and a quarter ago, America was, in some ways, at a similar juncture: Political and economic power seemed concentrated in a few hands, in ways that were inconsonant with our democratic ideals.  > Importantly, these laws were based on the belief that concentrations of economic power inevitably would lead to concentrations in political power.  > Chicago economists would argue-with little backing in either theory or evidence-that one shouldn&#039;t even worry about monopoly: In an innovative economy, monopoly power would only be temporary, and the ensuing contest to become the monopolist maximized innovation and consumer welfare.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78l28c/america_has_a_monopoly_problemand_its_huge/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~234550 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **power**^#1 **market**^#2 **economic**^#3 **economy**^#4 **Monopoly**^#5"


Well, I believe some would argue that the governing structures are somewhat different, as a king is basically the top of an aristocracy, and a representative government is supposedly invested by a popular mandate to act as stewards of the people.  It's a polite fiction governments maintain, these days.


As a business analyst, you'll work within an organization, to manage change and plan for the future in line with company goals. This could be for one specific project, or as a permanent of the Business Analysis organization. You'll need to understand a current organizational situation, identify future needs and create solutions to help those needs, usually (but not always) in relation to info and software systems.


Over time, you'll have more loans, maybe a few store cards, mortgage, car loan, etc.  I'm a fan of maximizing one's wealth, and the small rebate/reward adds up over time, so I'm not against the store cards, so long as you always pay the bill in full.  As far as FICO is concerned, what they 'like' to see may not necessarily be optimum for you. I'd suggest you go about your business, and over time use the few cards that combine to give to the best benefit combination that works for you.


Note that the formula for Price to Book ratio is:  Stock Price / {[Total Assets - (Intangible Assets + Liabilities)] / Stock Outstanding}  http://www.investopedia.com/terms/p/price-to-bookratio.asp  http://www.investopedia.com/articles/fundamental/03/112603.asp  There's a number of factors that could lead to a lower than 1. The primary reason, imho, could be the company is in a state of retiring stock with debt. The company is selling penny stocks (only to get people more interested in it's later development) which are inherently undervalued. There may be other reasons, but definitely check out both articles.


well, i was a kid when they shot the president through the head and his brains flew out into his wife's lap.    I'm saying this for my own sanity and perspective, not to dramatize myself.  at the same time, please don't misunderstand me as minimizing the creepiness of whats happening currently


Before the iPhone, Nokia was worth around 250 BILLION $. That's nearly the same ballpark as Apples current valuation. And it evaporated to less than 8 billion and then to nothing in a few short years. The level of incompetence required at every step of the way to destroy that much capital is quite simply staggering. So many incompetent idiots, stumbling around with no clue what they were doing. Ballmer and Elop get most of the flack, but I'd say the old guard of leaders at Nokia deserve the brunt of the blame.


"Reality on the ground is, once a drug is FDA approved for ""X"", doctors can prescribe it for anything they find appropriate. They can be sued for malpractice, but it's uncommon for suets to be brought for off label prescription use. For example, it's common for doctors to use weak antibiotics as placebos."


I heard some financial institution ask for $25 withdrawal fees on TFSA. Watch out for it. TD told me. I will doublecheck. RBC do not charge withdrawal fees. I will check that too.


Not only should you do this, you should tell your friends to do it too. Especially if a parent comes in to the bank with the child, banks fall over themselves to provide a card to someone whose only income is allowance. Really. Later, if you're 21 and your car broke and you don't get paid for another 11 days, NOBODY will lend you the money (or those money mart places that charge 300% a year will) to fix it. Never mind score (and yes for sure having a good score will be a result, and a good one) just having the card for emergencies makes all the difference to your early twenties. My kids have several friends who now can't get credit cards (some are students, some are underemployed) and end up missing paid days of work due to car troubles they can't pay to fix, or using those payday lenders, or other things that keep you poor. Get one while you can. Using it sensibly means you will have a great credit score in a decade or so, but just plain having it is worth more than you can know if you're not 18 yet.


>(if that is his real name)  Haha, thanks for having a sense of humor. I suppose I was needlessly rude above because that particular unfounded assumption must activate my logic Nazi.   I've had accounts for close to 5 years, but you wouldn't know it by looking at the *MyLoginName* account.


The cost of an extra 30 days is $1459.80


Collections companies buy debt for a fraction of the face value of the debt (as little as 5-7 cents on the dollar), and you can often settle debt for a fraction of the face amount (perhaps 10-25 cents on the dollar). But there are several considerations.  Do you owe the debt (is it a legitimate debt), can you afford to pay the debt, what is the age of the debt (remember, there is a statute of limitations on debt, varies by state), and what are the consequences of non-payment or settlement of the debt. Rather than confirm that you owe the debt, tell the debt collector that you need proof that the debt is yours (you should do this by certified letter).  Be careful not to confirm the debt, or agree to pay it, or make any payments (yet). You said that your doctor ordered the product for you. You said the company sent you a product (you have the product). Once you have confirmed that the debt is yours, you should determine the age of the debt (when was the last time you paid on the debt).  Each state has statute of limitations on debt, depending upon the age of the debt (this is why it is important not to send the collector money until you have verified the debt). You did not state when the debt was incurred (assume under SoL). Ask yourself whether you can afford to pay the debt.  The amount of the debt, and your ability to pay, and whether you want to avoid the time and expense of dealing with the collector (they are trained to be annoying) are all factors to consider.  You should also consider the negative consequences (credit score effects), and whether the cost of a derogatory entry is worth fighting the debt. You did not explain your financial situation; paying the $55 may be trivial, or it may be a hardship. Before you settle any debt, you should send a letter (keep a copy and proof you sent it, certified), and demand that the debt collector provide proof that you owe the debt.  Often this proof does not exist, or is insufficient to gain a judgement (you would need legal help here).  And should a debt collector agree to settle the debt for a lower amount, you need to get that agreement in writing.  Be aware that when you settle a debt, the collector can (and will) send you a 1099 for the portion of the debt which has been forgiven, and can report to the credit bureaus that you settled a debt for less than the full amount (negative mark against credit).  Derogatory credit items will haunt you for years. Decide whether saving $20, $30 or even $55 is worth the trouble.  Probably not. Learn from this. When a company sends you something you did not order, contact them, and send it back or demand they pay shipping, and send them a letter demanding $5/day storage and $20 handling fee to ship it back to them. Disclaimer: Heed the insane ravings of a deranged heretic at your peril... hire a lawyer.


That is a loaded question but I'll give it a shot.  First things first you need to determine if you are ready to invest in stocks.  If you have a lot of high interest debt you would be much better served paying that off before investing in stocks.  Stocks return around 8%-10% in the long run, so you'd be better off paying off any debt you have that is higher than 8%-10%. Most people get their start investing in stocks through mutual funds in their 401k or a Roth IRA.  If you want to invest in individual stocks instead of mutual funds then you will need to do a lot of reading and learning. You will need a brokerage account or if you have a stock in mind they might have a dividend reinvestment plan (DRIP) that you could invest in directly with the company. You will have to compare the different brokerage firms to determine which is best for you.  Since you seem to be internet savvy, I suggest you use a discount brokerage that let's you buy stocks online with cheaper commissions.  A good rule of thumb is to keep commissions below 1% of the amount invested. Once you have your online brokerage account open with money in there the process of actually buying the stock is fairly straightforward.  Just place an order for the amount of shares you want.  That order can be a market order which means the purchase will occur at the current market price.  Or you can use a limit order where you control at what price your purchase will occur. There are lots of good books out there for beginners.  Personally I learned from the Motley Fool. And last but not least is to have fun with it.  Learn as much as you can and welcome to the club.


"There's no such thing as ""leniency"" when enforcing the law. Not knowing the law, as you have probably heard, is not a valid legal defence. Tax law is a law like any other. That said, some penalties and fines can be abated if the error was done in good faith and due to a reasonable cause. First time penalties can be abated in many cases assuming you're compliant otherwise (for example - first time late filing penalty can be abated if you're compliant in the last 5 years. Not many people know about that.). Examples for a reasonable cause (from the IRS IRM 20.1.1): Reliance on the advice of a tax advisor generally relates to the   reasonable cause exception in IRC 6664(c) for the accuracy-related   penalty under IRC 6662. See IRM 20.1.5, Return Related Penalties, and If the taxpayer does not meet the criteria for penalty relief under   IRC 6404(f), the taxpayer may qualify for other penalty relief. For   instance, taxpayers who fail to meet all of the IRC 6404(f) criteria   may still qualify for relief under reasonable cause if the IRS   determines that the taxpayer exercised ordinary business care and   prudence in relying on the IRS’s written advice. IRM 20.1.1.3.2.2.5 -   Erroneous Advice or Reliance.   Treas. Reg. 1.6664–4(c). There are more. IRM is the ""Internal Revenue Manual"" - the book of policies for the IRS agents.  Of course, you should seek a professional advice when you're non-compliant and want to ask for abatement and become compliant again. Talk to a CPA/EA licensed in your state."


The prime rate is the interest rate banks use amongst themselves to lend money to each other only. It is used as the basis (sometimes) for what interest rate banks charge you.  The prime rate is based loosely on the Fed rate.  There is a committee that meets regularly to set this and other industry interest rates. http://en.wikipedia.org/wiki/Prime_rate I am not 100% positive the following is totally accurate The banks keep our deposits and pay us interest for doing so.  They are paying us interest because they take yours, mine and everybody elses deposits as a large lump sum and invest that money.  Sometimes as business loans, sometimes as mortgages and sometimes as credit card. The banks have a book of business that will be EXACTLY how much credit they have extended to everybody.  But they do not keep that amount of cash in the vaults, only some smaller percentage of that large amount.  When I use my credit card and they need to transfer money to amazon.com, if they don't happen to have enough cash that day, they will just borrow from another bank that does, and the interest rate they pay to do so is the prime rate.  Since they are paying interest on the money they borrow to pay the debt I charged because they told me my credit was worth so much (...???...) they charge me a little bit more than that. Hence your credit card or mortgage's APR being based on the prime rate. I THINK that is what they do  If I am wrong leave a comment and I will update, or the mods can.


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>You assume that the government is a god and all things exist only because of it. You are the zealot here fighting against a competing option and opinion. Every church wants to believe it is the one true church and non believers should be punished for their non belief. Statism truly has become the next wave religion.    No, I assume that government is an institution that keeps getting recreated for any society larger than a hunter-gatherer tribe because of how useful it is.  If anyone is approaching cultbait status, it would be anti-government believers, who blindly believe that all the benefits of a first-world society somehow magically have nothing to do with the forms of the government selected by that society.


"> My issue understanding this is I've been told that banks actually don't hold 10% of the cash and lend the other 90% but instead hold the full 100% in cash and lend 900%. Is this accurate?  That's the money multiplier effect being poorly described.  You take a loan out, but that loan eventually makes its way to other banks as cash deposits, which then are loaned out, and go to other banks, and loaned, etc., so that the economy is ""running"" on 10x cash, where 1x is in physical cash, and the other 9x is in this deposit-loan-deposit phenomenon.  > The issue I see with it is that it becomes exponential growth that is uncapped.  Not true. If there is $1B outstanding ""physical"" cash (the money supply) with a 10% reserve, then the maximum amount of ""money"" flowing through is $1B / 10% = $10B. This assumes EVERYTHING legally possible is loaned out or saved in the banking system. As such, it represents a cap.   If you have an Excel spreadsheet handy, you can easily model this out in four columns.   Label the first row as follows: Deposit, Reserve, Cash Reserve, Loan Amount  A2 will be your money supply. For simplicity, put $100.   B2, your reserve column, will be 10%.  C2 should be =A2 * B2, which will be the cash reserve in the bank.  D2 should be A2 - C2, which is the new loan amount extended.   A3 should be = D2, as the loans extended from the last step become deposits in the next.   B3 = B2.  Now, drag the formulas down, say, 500 rows.  If you then sum the ""deposits"" column, it'll total $1,000. The cash reserve will total  $100, and the loan amount will be $900. Thus, there is a cap."


Quality of life, success and happiness are three factors that are self define by each individual. Most of the time all three factors go hand by hand with your ability to generate wealth and save.  Actually, a recent study showed that there were more happy families with savings than with expensive products (car, jewelry and others).   These 3 factors, will be very difficult to maintain after someone commit such action. First, because you will fear every interaction with the origin of the money.  Second, because every individual has a notion of wrong doing.  Third, for the reasons that Jaydles express. Also, most cards, will call you and stop the cards ability to give money, if they see an abusive pattern. Ether, skipping your country has some adverse psychological impact in the family and individual that most of the time 100K is not enough to motivate such change.   Thanks for reading. Geo


Took it early in the Spring, got a 98th percentile. Got about 20 requests for my resume since then, but no responses back after I released it. Most of the firms asking for my resume were undisclosed.  Test is really easy. You are probably going to be surprised by how well you will do. I would take it, maybe you will have more luck than me in getting responses.


Impossible to say without knowing more about your situation. Most likely you won't be able to secure a loan for money that you're just going to spend - getting a loan for property is easier because the bank owns the thing that you buy until you pay it back.


The options market seems to disagree...  While the implied volatility is greater than the historical volatility.. At 23% the implied isn't much higher than the past implied-vol. I'll trust the market over the stock-twits chairman.  http://www.cboe.com/framed/IVolframed.aspx?content=http%3a%2f%2fcboe.ivolatility.com%2foptions.j%3fcontract%3dC0F1D96A-D9C7-49D2-8941-45DC1B0E0B0F&sectionName=SEC_TRADING_TOOLS&title=CBOE%20-%20IVolatility%20Services  ... that being said -- I (like everyone and their sister) think we break 100 and move hard to 104-105.


They all basically mean the same thing - a type of debt than can be exchanged for (converted into) equity at some point. It's only the mechanics that can be different. A convertible bond is structured just like a regular bond - it (usually) pays periodic interest and has a face value that's due at maturity. The difference is that the bond holder has the option to exchange the debt for equity at some point during the life of the bond.  There can be restrictions on when that conversion is possible, and they typically define a quantity of equity (number of shares) that the bond can be converted into.  If the market price of the shares goes above a price that would make the shares more valuable than the bond, it's in the best interest of the bond holder to convert. A convertible note is typically used to describe a kind of startup financing that does not pay interest or have a face value that's redeemed, but instead is redeemed for equity as part of a later financing round.  Rather than specifying a specific number of shares, the bond holder receives equity at a certain discount to the rest of the market. So they both are debt instruments that can turn into equity investments, just through different mechanisms. A debenture is a fancy word for unsecured debt, and convertible debt could be used to described either structure above, so those terms could mean either type of structure.


First, put the money someplace that is safe - a saving account is fine - while you figure out what you want to do with it. You will obviously want to think about it what to do for a while. A financial advisor could help out, but not that many of them make their money on commission and therefore don't act in your best interest. The ones where you pay them directly are more aligned with your interests. As for how to invest, you have a lot of different options depending on your timeline and your risk tolerance.


Not necessarily.  You only need to raise prices to maintain current profit margins.  Assuming you aren't living on a paper thin profit margin, you can give your employees a raise and suffer a lower profit margin.  Now, that could have other negative consequences on your stock value and shareholders might be upset, but that is a different discussion.


Unless a lot of people I know don't actually exist, yes there are a lot. First off putting UChig as tier 1 is questionable at best. Second, if you've never met anyone from UVA, UMich, BU, Georgetown etc. on the street than you must know only a handful of people.   Also, I was a front office hire out of a lower tier undergrad so there's that as well...


On $4K/mo gross about $1000/mo can go to the mortgage, and at today's rates, that's about $200K of mortgage the bank might lend you.  Income is qualified based on gross, not net, so if $48,000/yr is wrong, please scale my guesstimate down a bit. In the end, today's rates allow a mortgage of nearly 4X one's gross income. This is too high, in my opinion. I'm answering what the bank would approve you at, not what I think is wise. Wise, in my opinion is 2.5-3X one's income, tops.


"There's not nearly enough information here for anyone to give you good advice. Additionally, /r/personalfinance will probably be a bit more relevant and helpful for what you're asking.   Aside from that, if you don't know what you're doing, stay out of currency trading and mutual funds. If you don't care about losing your money, go right ahead and play in some markets, but remember there are people paid millions of dollars/year who don't make consistent profit.   What are the chances a novice with no training will perform well?  My $.02, pay your debt, make a general theory about the economy a year from now (e.g. ""Things will be worse in Europe than they are now"") and then invest your money in an index fund that matches that goal (e.g. Some sort of Europe-Short investment vehicle). Reassess a year from now and don't stress about it."


If the 'gratuity' is a payment from your previous Indian company made when you left them, then the US tax system will treat it exactly the same as wages paid by your previous company. Whether or not you need to pay taxes on your wages and gratuity will depend on whether your are considered resident in the US for tax purposes for this financial year. It is likely that you will be. Assuming you are, then the US requires that you pay tax on all income, wherever it is earned in the world. You will need to fill in a tax return and declare both your gratuity and your wages in India for that year.  India and the US have a 'double tax agreement', which means essentially that you won't be taxed twice if you have already paid tax on the gratuity and wages in India. But you do have to declare them.


It's wrong to think that we can pay people in the public sector fuck all but still get good results.  If offering perks to public employees attracts talent that eventually leads to great public works, great! Hopefully unions can find the right balance of perks and boondogles.


"The presenter suggested we keep records of our claims for 10+ years in paper form. This seemed to be overkill. It would be overkill if you're taking distributions regularly and you have enough valid (and otherwise unreimbursed) medical receipts each year to correspond to your distributions. However, if you are pumping money into the HSA without regular distributions, then you may need to keep receipts for a long time, possibly since the beginning of your HSA. For example: If the IRS was to audit my HSA deductions would the Aetna online claims be adequate? It's better than nothing, but it is not ideal. You need to provide proof of what you actually paid, not just what was billed. (How would the IRS know if you actually paid the bill?) So, the bill and receipt together would be preferred. Also, there are many eligible expenses for HSA that would not be covered by your health insurance and would not appear in your Aetna statements (dental work for example). Personally I have an excel spreadsheet with every eligible expense listed, every contribution and distribution I make, and a box of receipts since I opened the HSA account. Should I also archive screenshots of these claims digitally somewhere? If you have the time and diligence to do it, then it wouldn't hurt. I personally am only one house fire away from having to make a lot of phone calls if I wanted to re-build my receipts folder from scratch. I actually have ""scan my HSA receipts"" on my todo list (where's it been for years as a pretty low priority). Lastly it makes sense to spend the money in my HSA on anything eligible because you can never roll it over into a retirement account, its shaky if another person (spouse) could get reimbursed for eligible medical expenses if you die, and if you lose your receipts you may not be able to spend all of the HSA money tax free. Is this an accurate assessment or is there a reason why I should not touch the HSA money at all and wait to reimburse my eligible expenses. First off, if you are married the HSA can be transferred to your spouse. But in general, it really depends on what you would do with the money if you distributed it right away. If you need the money to pay debts, bills, etc, then it might make sense to take it, but if it would be extra money that you would invest somewhere, then you should leave it in the HSA because it grows tax free while it's in there and (probably) wouldn't if you take it out. The caveat though is that you need to find an HSA administrator that offers your preferred investment choices. As for your worry that you might lose your receipts, well, that's a valid point- but I wouldn't drive my decision based on that- I would archive them digitally to remove that concern completely. ...Should I reimburse myself from ... the HSA funds if I am not hitting the 401k limit yet? It depends. If it's a Roth 401k, all other things being equal, (you are able to choose the same investments with your HSA as you can choose in your 401K, and the costs are the same), then you are better off leaving the money in your HSA rather than pulling it out and putting it into the Roth 401k. The reason is that there is no tax difference, and once you put it into the 401K you (probably) can't touch it (for free) until you retire. With the HSA, if you could have taken a distribution but chose not to, then you can take that amount of money out anytime you want to without any consequences, just like your normal checking account. However, if you have a traditional 401k, and if taking HSA distributions would increase your cash flow such that you could afford to contribute more to the 401k, then this would lower your tax burden that year by reducing your taxable income."


Gone are the days when in India, the fuel price was revised on every fortnight. Many times you would have filled up the tank one day before to save few bucks. Now, from 16th June 2017 onwards, Government has decided to revise the daily fuel price at 6 AM according to the international crude oil and dollar prices with respect to rupee value. The notion behind taking this step was just to remove the big leap in fuel rates and also a government initiative to maintain the demand and supply situation in equilibrium.


The stores track the individual items for inventory planning and marketing purposes. Having worked in the transaction processing business for a time (writing one), I can say with confidence that the credit/debit card companies do not receive an itemized list of the items involved in the transaction. There is usually a description field in the information transmitted to the processor, which may or may not contain useful information. But it is not big enough to contain an itemized grocery list of any size. And it is not standardized in any way that would facilitate reliable parsing. There may be an amount of metadata about the transaction that would indicate the types of products involved in the transaction, which they can also infer from the merchant reporting the transaction. There are efforts to increase the amount of data reported, but they are not widely used yet, due to the overwhelming numbers of banks that would need to be upgraded. These efforts are rolling out only in specific and limited uses where the banks involved are willing to upgrade software and equipment. For now, the best way to know what you bought is to keep your receipts from the store. Shoeboxes work great for this. So do smartphone cameras and a folder on your hard drive. There are also mobile apps that track receipts for you, and may even try to OCR the data for you.


The trouble is that you're conflating crime with success. There are plenty of successful businessmen who have done absolutely nothing to you. Indeed, there are many whose only crime is that they provide goods and services that people want more than yours. Yet you would punish them as surely as any wall street banker who deliberately defrauded the people. Indeed, you would punish them with crushing taxation even whilst you fail to punish those who committed actual crimes and actually do deserve to be punished. This is why you're being ignored -- because you're attempting to disguise your greed as righteous indignation, and when someone points it out to you, you feign ignorance. I'm sorry, but we're not going to live our lives for you. You need to get a job.


This is the 21st century.. What do people expect? The Mongolians to attack? How is a dumb wall gonna help. He could pay for the stupid wall himself if he wants to make a statement. Or maybe his supporters should donate money for it and volunteer their time to build the worthless thing. Border wall is one of his dumbest campaign promises. We have so much better technology to do so much more for border security than a stupid wall. Put the money to better use.


Bonds released at the same time have different interest rates because they have different levels of risks and liquidity associated.  Risk will depend on the company / country / municipality that offers the bond: their financial position, and their resulting ability to make future payments & avoid default. Riskier organizations must offer higher interest rates to ensure that investors remain willing to loan them money. Liquidity depends on the terms of the loan - principal-only bonds give you minimal liquidity, as there are no ongoing interest payments, and nothing received until the bond's maturity date. All bonds provide lower liquidity if they have longer maturity dates. Bonds with lower liquidity must have higher returns to compensate for the fact that you will have to give up your cash for a longer period of time. Bonds released at different times will have different interest rates because of what the general 'market rate' for interest was in those periods. ie: if a bond is released in 2016 with interest rates approaching 0%, even a high risk bond would have a lower interest rate than a bond released in the 1980s, when market rates were approaching 20%. Some bonds offer variable interest tied to some market indicator - those will typically have higher interest at the time of issuance, because the bondholder bears some risk that the prevailing market rate will drop. Note regarding sale of bonds after market rates have changed: The value of your bonds will fluctuate with the market. If a bond was offered with 1% interest, and next year interest rates go up and a new identical bond is offered for 2% interest, when you sell your old bond you will take a loss, because the market won't want to pay full price for it anymore. Whether you should sell lower-interest rate bonds depends on how you feel about the factors above - do you want junk bonds that have stock-like levels of returns but high risks of default, maturing in 30 years? Or do you want AAA+ Bonds that have essentially 0% returns maturing in 30 days? If you are paying interest on debt, it is quite likely that you could achieve a net income benefit by selling the bonds, and paying off debt [assuming your debt has a higher interest rate than your low-rate bonds]. Paying off debt is sometimes referred to as a 'zero risk return', because essentially there is no real risk that your lender would otherwise go bankrupt. That is, you will owe your bank the car loan until you pay it, and paying it is the only thing you can do to reduce it.  However, some schools of thought suggest that maintaining savings + liquid investments makes sense even if you have some debt, because cash + liquid investments can cover you in some emergencies that credit cards can't help you with. ie: if you lose your job, perhaps your credit could be pulled and you would have nothing except for your liquid savings to tide you over. How much you should save in this way is a matter of opinion, but often repeated numbers are either 3 months or 6 months worth [which is sometimes taken as x months of expenses, and sometimes as x months of after-tax income]. You should look into this issue further; there are many questions on this site that discuss it, I'm sure.


Spot on. If Fannie and Freddie were culpable, it was likely because they trusted the ratings houses too much. That's a big mistake, but all too common in every kind of financial risk transaction, as any home buyer who ever hired a home inspector upon a realtor's recommendation knows.


"> Employers love to use minimum wage disputes as a smokescreen for cutting labor  Exactly. This isn't about ""lazy"" McDonald's workers but capital vs labor.   If you're not capital, then you're labor and you should be rooting for your team not shitting on them because capital does not give a shit about you.   http://bigthink.com/ideafeed/automation-most-white-collar-jobs-arent-as-safe-as-you-think     https://qz.com/875491/japanese-white-collar-workers-are-already-being-replaced-by-artificial-intelligence/     https://www.theguardian.com/technology/2017/feb/09/robots-taking-white-collar-jobs"


"When Google's AI is sophisticated enough ""read"" images to match search queries, there's going to be a lot of opportunity for new types of ad revenue. They're already using this technology in their translation app. Traditional SEO would be disrupted."


I know an old retired Asian couple that each have 2 pensions. They worked from their teens and worked their asses off. The wife still works as a part time consultant because her second job was so specialized and she gets bored at home very easy. I saw their finances once and its just on a level I've never seen before or since. It's like they planned ~6 decades of their lives as teens and they stuck with the plan


Keep in mind that lenders will consider the terms of any loans you have when determining your ability to pay back the mortgage. They'll want to see paperwork, or if you claim it is a gift they will require a letter to that effect from your relative. Obviously, this could effect your ability to qualify for a loan.


You don't even need to formally loan the LLC any money. You pay for the setup costs out of pocket, and then once the LLC is formed, you reimburse yourself (just like with an expense report). Essentially you submit an expense report to the LLC for the startup costs, and the LLC pays out a check to you, categorized for the startup expenses.


I wouldn't go into a stock market related investment if you plan on buying a house in 4-5 years, you really need to tie money up in stocks for 10 years plus to be confident of a good return.  Of course, you might do well in stocks over 4-5 years but historically it's unlikely. I'd look for a safe place to save some money for the deposit, the more deposit you can get the better as this will lower your loan to valuation (LTV) and therefore you may find you get a better interest rate for your mortgage. Regards the pension, are you paying the maximum you can into the company scheme?  If not then top that up as much as you can, company schemes tend to be good as they have low charges, but check the documentation about that and make sure that is the case. Failing that stakeholder pension schemes can also have very low charges, have a look at what's available.


"I got that tip from the book ""Getting More"". It's probably the same style as this book. I read it thinking that the ideas are corny. And then I applied the ideas and for six months, my life was just plain better. It wore off as I forgot the lessons."


Your best bet is to just look at comparative balance sheets or contact the company itself. Otherwise, you will need access to a service like PrivCo to get data.


Synthetic vacuum pump oil can prove to be highly effective in enhancing the life span and efficiency of the vacuum pumps. It’s a synthetic hydrocarbon fluid that has been doubled distilled for improved properties. Highly recommended to use for detector vacuum pumps, this can turn out to be a greatly reliable solution.


This just happened to me with a Wells Fargo Bill Pay check.  WF put a stop payment on the check. The money was taken out of my account immediately yet it is going to take 3-5 days to reappear in the account.  I question these banking practices.  Georgia Bank and Trust Company of GA does not do this.  The Bill Pay check is processed just like a hand written check; when the check clears the bank your account is debited. If it is an Electronic Funds Transfer (EFT) then the money does come out of your account immediately, of course. These are acceptable banking practices to me.  I will be closing the Wells Fargo account.


But an axiomatic approach only works in a deterministic environment, it does not work in a probabilistic environment. By your own arguments, because humans have free will so economics cannot be equated with a deterministic branch like physics. At this point now you are just contradicting yourself over and over.   And it depends entirely on how accurate the axioms are. If observations do not match equation outcomes, then while the mathematics of the equation might be sound, the obvious conclusion is that the axioms themselves are faulty.


Our consultant driven economy has removed all robustness from the economy.  Their drive for efficiency has produced an incredibly fragile economy.  Corporations are not suppose to retain any redundancy.  They force this on subcontractors.  As a result there are no trained and ready workers to step in as boomers retire.  The tendency to rely on H-1B has caused young workers to avoid any field where they are likely to be replaced by foreign workers.  Now that foreign workers are finding things better at home we have giant holes in the economy.


Quite a few stock broker in India offer to trade in US markets via tie-up brokers in US. As an Indian citizen, there are limits as to how much FX you can buy, generally very large, should be an issue. The profits will be taxed in US as well as India [you can claim relief under DTAA]


"I don't know how many people ""a ton"" is, but if you are getting more than, say, 6 people who are qualified to rent, you've priced it too low. Better to ask for $1200, and have a potential tenant haggle or ask you to reduce the price than to have 6 people want it for $900.  It's worth it to run a credit report, and let that help you choose. I agree with Victor, a bidding war is appropriate for a house sale, not rental apartments.  You didn't mention your country, but I'd be sure to find out the local laws regarding tenant choice. You may not (depending where you are) discriminate based on gender, sexual orientation, marital status, race, or religion."


I would make a change to the answer from olchauvin: If you buy a call, that's because you expect that the value of call options will go up. So if you still think that options prices will go up, then a sell-off in the stock may be a good point to buy more calls for cheaper. It would be your call at that point (no pun intended). Here is some theory which may help. An options trader in a bank would say that the value of a call option can go up for two reasons: The VIX index is a measure of the levels of implied volatility, so you could intuitively say that when you trade options you are taking a view on two components: the underlying stock, and the level of the VIX index. Importantly, as you get closer to the expiry date this second effect diminishes: big jumps up in the VIX will produce smaller increases in the value of the call option. Taking this point to its limit, at maturity the value of the call option is only dependent on the price of the underlying stock. An options trader would say that the vega of a call option decreases as it gets closer to expiry. A consequence of this is that if pure options traders are naturally less inclined to buy and hold to expiry (because otherwise they would really just be taking a view on the stock price rather than the stock price & the implied volatility surface). Trading options without thinking too much about implied volatities is of course a valid strategy -- maybe you just use them because you will automatically have a mechanism which limits losses on your positions. But I am just trying to give you an impression of the bigger picture.


When you start living in US, it doesn't actually matter what was your Credit history in another country. Your Credit History in US is tied to your SSN (Social Security Number), which will be awarded once you are in the country legally and apply for it. Getting an SSN also doesn't guarantee you nothing and you have to build your credit history slowly. Opening a Checking or Savings account will not help you in building a credit history. You need to have some type of Credit Account (credit card, car loan, mortgage etc.) linked to your SSN to start building your credit history. When you are new to US, you probably won't find any bank that will give you a Credit Card as you have no Credit history. One alternative is to apply for a secured credit card. A secured credit card is one you get by putting money or paying money to a bank and open a Credit Card against that money, thereby the bank can be secure that they won't lose any money. Once you have that, you can use that to build up your credit history slowly and once you have a good credit history and score, apply for regular Credit Card or apply for a car loan, mortgage etc. When I came to US 8 years ago, my Credit History was nothing, even though I had pretty good balance and credit history back in my country. I applied for secured credit card by paying $500 to a bank ( which got acquired by CapitalOne ), got it approved and used it for everything, for three years. I applied for other cards in the mean time but got rejected every time. Finally got approved for a regular credit card after three years and in one year added a mortgage and car loan, which helped me to get a decent score now. And Yes, a good Credit Score is important and essential for renting an apartment, leasing a car, getting a Credit Card etc.  but normally your employer can always arrange for an apartment given your situation or you need to share apartment with someone else. You can rent a car without and credit score, but need a valid US / International Drivers license and a Credit Card :-) Best option will be to open a secured credit card and start building your credit. When your wife and family arrives, they also will be assigned individual SSN and can start building their credit history themselves. Please keep in mind that Credit Score and Credit History is always individual here...


I wouldn't celebrate just yet. While Fox News has declined in ad pricing, it's still far higher than MSNBC.  Channel | Program | 30-second spot Price ---|---|--- Fox News | Tucker | $12,200 Fox News | Hannity | $8,500 MSNBC | Maddow | $4,600 MSNBC | O'Donnell | $3,700 MSNBC | Chris Hayes | $3,300  Source: https://www.huffingtonpost.com/entry/foxnews-revenues-down-17_us_59f2ab68e4b03cd20b80aa61


"Index funds do leech a ""free ride"" on the coattails of active traders.  Consider what would happen if literally everyone bought index funds.  For a company there would be no motivation to excel. Get listed; all the index funds are forced to buy your stock; now sit on your derriere playing Freecell, or otherwise scam/loot the company.  Go bankrupt. Rinse wash repeat.  This ""who cares who John Galt is"" philosophy would kill the economy dead.   Somebody has to actually buy stocks based on research, analysis and value.  Company managers need to actively fear, respect and court those people.  They don't need to be mutual-fund managers, but they do need to be somebody.  Maybe activist investors like Warren Buffett will suffice.  Maybe retirement fund or endowment managers like CalPERS or Harvard can do this.  Better be somebody!  I'm all for index funds... Just saying only a fraction of the market's capital can be in index funds before it starts into a tragedy of the commons."


The problem was that it was such a niche offering that was only used by hardcore bitcoin fans. It's such a hassle just to buy bitcoin, as Coinbase makes you wait a week. If you don't already have bitcoin, there was (and still, I assume) no reason to not use paypal or a credit card, which offer much better protection to the buyer.   Gyft, an online e gift card company which carries every major retailer, was offering a percentage off to people who paid in bitcoin. I was getting Amazon cards through them but once they stopped offering bitcoin discounts, I have stopped using bitcoin all together as an online purchase tool.


Look if BBB was there to provide an honest service only, I would be all for them.  The fact is they provide an honest service, in addition to running a protection racket. If you are listed and you stop paying, your rating will drop.  >**[If I'm paying for a grade, then how's the customer supposed to really trust the Better Business Bureau.](https://www.youtube.com/watch?v=Yo8kfV9kONw)**


Wow. She really is in a pickle. Even though I can intellectualize that she ought have paid more attention to her family's finances, and assuming she wasn't complicit in her husband's obvious tax evasion, I can sympathize to some extent.  This is a great demonstration of how dangerous it is to just let your spouse handle all the finances because they understand the money stuff. Even if they pay the bills you should have at least a fundamental understanding of the taxes being paid, estate and retirement plans. So here's some practical advice based on the hole she has dug for herself:


You can't have even a hundred dollars without it being invested somewhere. If it's cash, you're invested in some nation state's currency.       If that currency is USD, you have lost about 6% so far this year.       But what if you were in the stock market? It's been doing pretty well, no?       Thing is, American stocks are priced in American dollars. You have to put those variables together to see what a stock has really been doing.


"It's possible the $16,000 was for more than the car.  Perhaps extras were added on at purchase time; or perhaps they were folded into the retail price of the car.  Here's an example.  2014: I'm ready to buy. My 3-year-old trade-in originally cost $15,000, and I financed it for 6 years and still owe $6500.  It has lots of miles and excess wear, so fair blue-book is $4500. I'm ""upside down"" by $2000, meaning I'd have to pay $2000 cash just to walk away from the car.  I'll never have that, because I'm not a saver.  So how can we get you in a new car today?  Dealer says ""If you pay the full $15,000 retail price plus $1000 of worthless dealer add-ons like wax undercoat (instead of the common discounted $14,000 price), I'll eat your $2000 loss on the trade.""  All gets folded into my new car financing.  It's magic! (actually it's called rollover.)  2017: I'm getting itchy to trade up, and doggone it, I'm upside down on this car.  Why does this keep happening to me?  In this case, it's rollover and other add-ons, combined with too-long car loans (6 year), combined with excessive mileage and wear on the vehicle."


Your existing shares in their existing ISA(s) do not in any way impact on your future ISA allowances. The only thing that uses up your ISA allowance is you paying new cash into an ISA account. So you can leave your existing shares in their existing ISA(s) and simply open new ISA(s) for future contributions which suit your current plans.


"I think it means that any article that ends with a question mark is bullshit and of course the answer could be no or else the head line would be definitive.  Like for this one if the answer couldn't be no, it might be titled, ""assets are high across the board and it's time to worry""."


As a young investor, you should know that the big secret is that profitable long term investing is boring.  It is is not buying one day and selling the next and keeping very close tabs on your investments and jumping on the computer and going 'Buy!' , 'Sell'. That makes brokers rich, but not you. So look at investments but not everyday and find something else that's exciting, whether it's dirt biking or WOW or competitive python coding.  As a 19 year old, you have a ton of time and you don't need to swing for the fences and make 50% or 30% or even 20% returns every year to do well. And you don't have to pick the best performing stocks, and if you do, you don;t have to buy them at their lowest or sell them at their highest.  Go read A Random Walk's guide to Investing by Burton Malkiel and The only Investment Guide you'll ever need by Andrew Tobias. Buy them at used bookstores because it's cheaper that way.  And if you want more excitement read You Can Be  a Stock Market Genius by Joel GreenBlatt, One up On Wall Street By Peter Lynch, something by Warren Buffet and if you want to be really whacked, read Fooled By Randomness by Nassim Nicholas Talib, But never forget about Tobias and Malkiel, invest a regular amount of money every month from 19 to 65 according to what they write and you'll be a wealthy guy by 65.


Just like facebook, the hard part is the community not the software.  A generic clone can be made from scratch in no time.  Hell, there was basically a competition to write one is little amount of code as possible a while back.


Non-disclosure agreement?  To be honest though, your idea would have to be great *and* achievable to make it appealing enough to steal. I'm involved in two businesses at the moment (one of them is a web app). We have an NDA in place for potential investors, which is enough to let people know you're serious.


"Yes, your tax bracket is 25%.  However, that doesn't mean that your take home pay will be 75% of your salary.  There is much more that goes into figuring out what your take home pay will be. First, you have payroll taxes.  This is often listed on your pay stub as ""FICA.""  The Social Security portion of this tax is 6.2% on the first $118,500 of your pay and the Medicare portion is another 1.45% on the first $200,000.  (Your employer also has to pay additional tax that does not appear on your stub.)  So 7.65% of your salary gets removed off the top. In addition to the federal income taxes that get withheld, you may also have state income taxes that get withheld.  The amount varies with each state. Also, the 25% tax bracket does not mean that your tax is 25% of your entire salary.  You step through the tax brackets as your income goes up.  So part of your salary is taxed at 10%, part at 15%, and the remainder is at 25%. The amount of federal income tax that is withheld from your paycheck is really a rough estimate of how much tax you actually owe.  There are lots of things that can reduce your tax liability (personal exemptions, deductions, credits) or increase your tax (investment income, penalties).  When you do your tax return, you calculate the actual tax that you owe, and you either get a refund if too much was taken out of your check, or you need to send more money in if too little was taken out."


##National Housing Act of 1934 The National Housing Act of 1934, Pub.L. 84–345, 48 Stat. 847, enacted June 28, 1934, also called the Capehart Act, was part of the New Deal passed during the Great Depression in order to make housing and home mortgages more affordable. It created the Federal Housing Administration (FHA) and the Federal Savings and Loan Insurance Corporation (FSLIC).  The Act was designed to stop the tide of bank foreclosures on family homes during the Great Depression. Both the FHA and the FSLIC worked to create the backbone of the mortgage and home building industries, until the 1980s.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&message=Excludeme&subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.2


Tell you what, I live in Norway.  Everyone can look up at least the declared taxable income of everybody, including his coworkers, his boss, the CEO, the Bishop, the cleaning lady etc..  Same in Switzerland as far as I know.  Sweden maybe as well, don't know.    No increased levels of bitterness around here.  Rather high salaries though, but that's probably more related to being a very rich country.  (I personally don't even care enough to look but then I'm in a rather individual payment structure.)


“From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience to help members find something great to watch even faster,” the spokesperson told Gizmodo.  One of the big reason Netflix is doing their own content is because the ever increasing price of securing television shows and the unreliability of it. Often contracts will be up and the provider decides not to renew.  To include the cost of doing business in producing shows as an excuse to raise prices is little more than an excuse. Netflix is going to start spending less money retaining not Netflix shows.  Just admit that costs are going up and Netflix wants more money.   One side note. Netflix produces a lot of good shows. They also produce a lot of crappy shows that bomb. A better quality control would help them save money.


TAPE-RITE is a convertor of adhesive tapes. That means we buy tape in bulk rolls and then we cut it to size in our on premises shop. Because we do it all ourselves it gets done fast at competitive pricing with high quality. This means you don't need to order too much stuff too far in advance. We hold on to the inventory and produce it to your order. This allows you to free up capital and warehouse space for other uses. For details call us at: 516-406-8294 / 800-532-2309 Fax at: 516.328.0344 E-mail at: sales@taperite.com visit us: http://taperite.com/


There are not necessarily large shareholders, maybe every other Joe Schmoe owns 3 or 5 shares; and many shares might be inside investment funds. If you are looking for voting rights, typically, the banks/investment companies that host the accounts of the individual shareholders/fund owners have the collective voting rights, so the Fidelity's and Vanguard's of the world will be the main and deciding voters. That is very common.


The CFA Curriculum is very comprehensive while Schweser focuses on the main major areas.  It's essentially reading thousand of detailed pages vs hundreds of condensed pages.  If you have 6-9+ months to study and you're trying to save money, go with the CFA materials. If you have less time, I would recommend going for Schweser. Many people I know go with Schweser anyways due to the sheer efficiency.  Edit: I forgot that you mentioned you didn't take a finance related degree. My opinion is to study Schweser and if you get stuck on a topic, read it from the CFA materials. The only drawback is Schweser costs money (but it does save you time).


The strip is like that. You travel 10 min in ANY direction and its like any other normal city. Hell 15 min from where i live im hiking in pines. It's only a pain if you work on the strip, and even then(for me anyways) its maybe a total of 20-30 min of dealing with that.   Question, where do you live?


"Step 1: Require all Uber drivers to report to central facilities because ""you can't succeed without face to face interaction"" or whatever.  Step 2:  Purchase random companies somewhat related to, I guess, cars?  Maybe some random custom rim manufacturers, or the companies that make those shitty aftermarket petals and knobs you see at Autozone?  Instantly shut them down.  Step 3:  Find a way to make the Uber app so completely insecure that Putin gets instant updates every time you hail a ride.  Step 4: New LOGO!!  Step 5: Uber fails, and to celebrate her success, she walks away with 50 million dollar performance bonus, does more sexy photoshoots while bitching about how she is objectified as a woman, and looks forward to being CEO of Snapchat."


Thanks for the correction it was just a story my dad would tell me so the details have likely blurred.  My point is that even if we could automate all physical jobs there could still be work to do, distribution of resources would likely need to be handled differently then now some sort of utopian communism or something not really the main point though.


Oh God . .please let this happen on live TV   Imagine the ratings, it will make Mac Gregor vs May weather look like the local peep show.  Think of the revenue and the Good it will do the economy  and by the way, the title is misleading, it was  Fucking Moron


You can sell as many shares as you want. The only issue will be the fees attached to low dollar trades. I would recommend a site with no fee for the first 20 trades. If you plan to be a frequent trader I would recommend getting a stable rate ($10 for every transaction). If your plan is to trade in low quantities then maybe a variable rate (1% of all fades) might be better suited.


"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-07/opioid-use-explains-20-of-drop-in-american-men-from-labor-force) reduced by 65%. (I'm a bot) ***** > Opioid use by American men may account for one-fifth of the decline in their participation in the U.S. labor force, according to a study by Princeton University economist Alan Krueger.  > &quot;The opioid crisis and depressed labor-force participation are now intertwined in many parts of the U.S.,&quot; Krueger, who was chief economist at the Treasury Department in the Obama administration, wrote in the study released Thursday at a Brookings Institution conference in Washington.  > Krueger&#039;s study echoes previous research that attributes most of the decline in labor force participation since the early 2000s to an aging population and young people choosing school over work.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6yozd6/opioid_use_could_explain_20_of_the_drop_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~205982 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **labor**^#1 **force**^#2 **Krueger**^#3 **work**^#4 **participation**^#5"


"Thanks for your question Dai. The circumstances under which these buyouts can occur is based on the US takeover code and related legislation, as well as the laws of the state in which the company is incorporated. It's not actually the case that a company such as Dell needs to entice or force every shareholder to sell. What is salient is the conditions under which the bidder can acquire a controlling interest in the target company and effect a merger. This usually involves acquiring at least a majority of the outstanding shares. Methods of Acquisition The quickest way for a company to be acquired is the ""One Step"" method. In this case, the bidder simply calls for a shareholder vote. If the shareholders approve the terms of the offer, the deal can go forward (excepting any legal or other impediments to the deal). In the ""Two-Step"" method, which is the case with Dell, the bidder issues a ""tender offer"" which you mentioned, where the current shareholders can agree to sell their shares to the bidder, usually at a premium. If the bidder secures the acceptance of 90% of the shares, they can immediately go forward with what is called a ""short form"" merger, and can effect the merger without ever calling for a shareholder meeting or vote. Any stockholders that hold out and do not want to sell are ""squeezed out"" once the merger has been effected, but retain the right to redeem their outstanding shares at the valuation of the tender offer. In the case you mentioned, if shareholders controlling 25% of the shares (not necessarily 25% of the shareholders) were to oppose the tender offer, there would be serveral alternatives. If the bidder did not have at least 51% of the shares secured, they would likely either increase the valuation of the tender offer, or choose to abandon the takeover. If the bidder had 51% or more of the shares secured, but not 90%, they could issue a proxy statement, call for a shareholder meeting and a vote to effect the merger. Or, they could increase the tender offer in order to try to secure 90% of the shares in order to effect the short form merger. If the bidder is able to secure even 51% of the shares, either through the proxy or by way of a controlling interest along with a consortium of other shareholders, they are able to effect the merger and squeeze out the remaining shareholders at the price of the tender offer (majority rules!). Some states' laws specify additional circumstances under which the bidder can force the current shareholders to exchange their shares for cash or converted shares, but not Delaware, where Dell is incorporate. There are also several special cases. With a ""top-up"" provision, if the company's board/management is in favor of the merger, they can simply issue more and more shares until the bidder has acquired 90% of the total outstanding shares needed for the ""short form"" merger. Top-up provisions are very common in cases of a tender offer. If the board/management opposes the merger, this is considered a ""hostile"" takover, and they can effect ""poison pill"" measures which have the opposite effect of a ""top-up"" and dilute the bidders percent of outstanding shares. However, if the bidder can secure 51% of the shares, they can simply vote to replace the current board, who can then replace the current management, such that the new board and management will put into place whatever provisions are amenable to the bidder. In the case of a short form merger or a vote to effect a merger, the shareholders who do not wish to sell have the right to sell at the tender price, or they can oppose the deal on legal grounds by arguing that the valuation of the tender offer is materially unfair. However, there are very few cases which I'm aware of where this type of challenge has been successful. However, they do not have the power to stop the merger, which has been agreed to by the majority of the shareholders. This is similar to how when the president is elected, the minority voters can't stop the new president from being inaugurated, or how you can be affected if you own a condo and the condo owners' association votes to change the rules in a way you don't like. Tough luck for you if you don't like it! If you want more detail, I'd recommend checking out a web guide from 2011 here as well as related articles from the Harvard Law blog here. I hope that helps!"


yes that is true. but the point is they don't have to be so greedy, making it a bad share. They could have priced the stock right, gaining investors confidence, and still could have reached heights, making every one richer on the way. instead they chose to cash in and sink everyone else


It is important to understand that when or before you received services from your medical provider(s), you almost certainly signed a document stating that you understand that you are fully responsible for the entire bill, even though the provider  may be willing to bill the insurer on your behalf as a service. In almost all cases, this is the arrangement, so it is very unlikely that you will be able to dispute the validity of the bill, since you did receive the service and almost certainly agreed to be fully responsible for the payments. With regard to the discounts, your medical provides have likely contracted with your insurer to provide services at a certain price or discount level, so I would base all of your negotiations with the providers and/or the collectors on those amounts. They can't legitimately bill you for the full amount since you are insured by a company they have a contract with, and you are not self-pay/uninsured, and the fact that they haven't been paid by your insurer doesn't change that, because the discount likely depends on the contact they have with your insurer and not whether or not they are billed/paid by your insurer. Please note - this is a common arrangement, but I'd recommend that you verify this with your insurer. Unfortunately, payment in 90+ days is often typical by insurance standards, so it's not yet clear to me whether or not your insurer has broken any laws such as a Prompt Pay law, or violated the terms of your policy with them (read it!). However, you need to find out which claims rep/adjuster is handling your claims and follow up with them until the payments are made. It's not personal, so make this person's life miserable until it is done and call them so often that they know it's you by the caller ID. I would also recommend contacting the collector(s), and letting them know that you don't have the money and so will not be able to pay, provide them with copies of the EOBs that state that the insurance company plans to pay the providers, and then ignore their calls/letters until the payments are made. When they call, simply reiterate that you don't have the money and that your insurance company is in the process of paying the bills. You have to expect that you will be dealing with a low-paid employee that is following a script. You are just the next person on their robo-call list, and they are not going to understand that you don't have a pile of money laying around with which to pay them, even if you tell them repeatedly. Make sure that you at no point give them access to any of your financial accounts, such as a checking or savings account, or a debit card - they will access it and clean you out. It is likely that your insurance provider will pay the providers directly since they were likely billed by the providers originally. If the providers have sold the debt to the collectors (and are not just employing a collector for debt they still own), you may have to follow up with the providers as well and make sure that the collection activity stops, since the providers may also need to forward the payments to the collectors once they are paid by the insurance company. Of course, if the insurer refuses to pay the claims, at that point I would recommend meeting with a lawyer to seek to force them to pay.


Symptoms of this condition vary from person to person. However, when quality of life is already affected and sufferers wish to go back to normal activities like running in popular trails like the Cherry Creek Path, perhaps it’s time to consider deep-tissue massage in Denver for pain relief.


The rules of thumb are there for a reason. In this case, they reflect good banking and common sense by the buyer. When we bought our house 15 years ago it cost 2.5 times our salary and we put 20% down, putting the mortgage at exactly 2X our income. My wife thought we were stretching ourselves, getting too big a house compared to our income. You are proposing buying a house valued at 7X your income. Granted, rates have dropped in these 15 years, so pushing 3X may be okay, the 26% rule still needs to be followed. You are proposing to put nearly 75% of your income to the mortgage? Right? The regular payment plus the 25K/yr saved to pay that interest free loan? Wow.  You are over reaching by double, unless the rental market is so tight that you can actually rent two rooms out to cover over half the mortgage.  Consider talking to a friendly local banker, he (or she) will likely give you the same advice we are. These ratios don't change too much by country, interest rate and mortgages aren't that different. I wish you well, welcome to SE.


Not necessarily, I doubt that will happen, most franchises are worth $250k - $1m, so as long as their liability doesn't exceed that McDs can just revoke franchise licenses and resell them in the event of a substantial labor dispute.   Further, I suspect they would pickup an insurance policy to cover anything above that.


*sigh* So I guess you don't understand why they would care about no risk....  If the sub company fails, but had no debt, then the parent company only loses whatever money they invested in the sub company  If the sub company fails and had debt:    The parent company is responsible for those debts and must pay them if in the agreement with the bank the parent company is responsible.    The parent company is not responsible for those debts if in the agreement with the banks, they did not agree to be collateral if the sub company went bankrupt. Not likely that a bank would agree to this though. They might even try to sue the parent company so they could get some reimbursement.


As JB hints, it is likely due to superior or improving, fundamentals. If the fundamentals of a company improve then its ability to repay loans improves. If its ability to repay improves then more sources of cash become willing to lend to the company. Also if fundamentals are improving then more sources are willing to buy and/or hold the stock.