{"text": " \"But what if I am getting paid salary from a source in India? In other words, it may be that in India a research assistant at a college on average earns a third of what a research assistant like me earns here in US. In that case, even if my cost of living there is much less, so is my salary. There are sites that provide a good guidance for what the average salary for an profession with x years of experience would be. Of course some would get paid more than average. So you can try and make a logic, if in US say you are being paid more than average, you would be paid more than average elsewhere. Plus If moving from Developed to Developing country, one has the Advantage of positive pedigree bias.  There are also websites that would give the Purchasing Power Parity for quite a few currency pairs. The Real difficulty to find is whether the Lifestyle you have in a specific country would be similar in other country. If you compare like for like it becomes slightly skewed. If you compare equivalence, then can you adjust.  A relevant example my friend in US had a Independent Bungalow in US. It was with Basement and attic, 2 levels of living space with 4 bedroom. He shifted to India and got a great salary compared to normal Indian salary. However this kind of house in India in Bangalore would be affordable only to CEO's of top companies. So is living in a 3 room apartment fine? There are multiple such aspects. Drinking a Starbucks coffee couple of times a day is routine for quite a few in US. In India this would be considered luxury. A like for equivalent comparison is \"\"One drinks 3-4 mugs of Coffee\"\" in US, and average Indian drinks \"\"Tea/Coffee 3-4 mugs\"\". In India the local Tea / Coffee would be Rs 10 - Rs 20. A Starbucks would come with starting price of Rs 150. The same applies to food. A McBurger in India would be around Rs 100. The Indian equivalent Wada Pav is for Rs 10. A Sub Way would be Rs 150. A Equivalent Mumbai Sandwich around Rs 25. I personally am picky about food, so it doesn't matter where I go, I can only eat specific things, which means I spend a huge amount of money if I am outside of India. When I was in US, I couldn't afford a maid, driver or any help. In India I have 2 maids, a cooking maid and a driver. Plus I get plumber, electrician, window cleaner, and all the help without costing me much. Things that I absolutely can't dream in US. My colleague in UK preferred to stay in a specific locality as it has a very good Church. So if its important, one may find few good ones in India if one is Roman Catholic, if one follows Lutheran, Greek Orthodox, tough luck.  Citizenship: Does it matter ... A foreign national may never get an Indian citizenship. Children don't qualify either unless both parents are Indian. Health Care: Again is quite different. One may feel Health care in US is not good or very expensive ... but there are multiple aspects of this. So in essence its very broad there is traffic, cleanliness, climate, culture, etc ... PS: A research assistant in India is poorly paid, because colleges don't have funds. Research in fundamental science is quite low. Industry to university linkages are primitive and now where close to what we have in US.\""}
{"text": " I would not take any action with the check (neither return it nor cash it), but instead contact the bank.  We live in the modern era where you can call someone on the phone or email them, and get nearly instant feedback.  Use this to your advantage.  Find out why they refunded you the money twice: was it an error on their part (in which case you just tear up the check or return it to them and be done with it)?  Is it possible you're wrong about it being twice refunded (maybe the first check didn't go through properly or was only for half the amount, and you're just wrong)?  Maybe they had some sort of guarantee that they failed to live up to and are correctly refunding you double your money. Probably the first, of course.  But you should call them and ask, and verify what they want you to do, before you take any action - particularly one that costs you money.  And certainly don't just cash the check; if it is a mistake, they'll be asking for that money back later, with interest, and be within their rights to do so."}
{"text": " Find out why it's doing the way it is before getting yourself into it. Two brothers I worked for a few years ago got talked by family into buying an alley in a similar situation. They took out around a million dollars in collateralized loans to try and rehabilitate the place, but it just never took off and the brothers almost lost everything they owned. They were in legal battles for years, and their main business suffered as a result."}
{"text": " Can you tell I'm having fun with this question?  Here's another great list, from Finally Frugal, which includes the above items, but also these gems: Avoid idling. Now, this just annoys me. Walking past a line of idling cars at the transit center waiting for their human 'pickup', makes me crazy! It makes me want to knock on the window, shake my finger, and give 'em a piece of my mind. I don't do it, because I don't have a death wish. Turn the car off when you're not driving it. Combine trips. I used to be one of those people who would run to Target, go home, remember something I needed at the grocery store and go out for that, come home again, then run out to the library. All of these places are within a two mile radius of my house. Making lists before leaving the house has helped me to group my errands within one trip, meaning fewer back and forth trips. Slow down. Your parents were right. Slow is better. Not only is it safer to drive the speed limit, you'll be increasing your car's efficiency and reducing the amount of fuel your vehicle uses."}
{"text": " Slightly better attempt this time around.   However, the linked studies are essentially irrelevant to your bombastic claims; they still fail to backup your idea that literally everybody who consumes cannabis is a degenerate who lives with his/her parents and works a minimum wage job and is a danger to society. That remains an unproven (and unprovable) assertion  And you misunderstood all of previous posts. At no point did I attempt to argue that marijuana is good, bad or indifferent. My point was simply that your generalizations of marijuana consumers are spurious, close-minded and not based on any *real* research. You've yet to provide any counterfactual to that."}
{"text": " \"Thousands of others making >100k with no need to have buckets of student debt to learn the trade.   Pop open linkedin, search in the bay area for \"\"front end.\"\" Filter by \"\"posted last 24 hours.\"\" Should see about a thousand jobs. Do this daily, the number doesn't drop, and linkedin doesn't let companies spam post, so that's nearly 1000 unique jobs, daily.\""}
{"text": " It's not the legitimate checks or bounced checks that are the problem, it's phony checks issued against real accounts with actual money in them.  All the security measures on the check don't amount to crap if someone can print up some legitimate looking checks with bogus amounts on them, or even just steal some printed checks and sign something resembling the authorized signature."}
{"text": " \"If I really understood it, you bet that a quote/currency/stock market/anything will rise or fall within a period of time.    So, what is the relationship with trading ? I see no trading at all since I don't buy or sell quotes. You are not betting as in \"\"betting on the outcome of an horse race\"\" where the money of the participants is redistributed to the winners of the bet. You are betting on the price movement of a security. To do that you have to buy/sell the option that will give you the profit or the loss. In your case, you would be buying or selling an option, which is a financial contract. That's trading. Then, since anyone should have the same technic (call when a currency rises and put when it falls)[...] How can you know what will be the future rate of exchange of currencies? It's not because the price went up for the last minutes/hours/days/months/years that it will continue like that. Because of that everyone won't have the same strategy. Also, not everyone is using currencies to speculate, there are firms with real needs that affect the market too, like importers and exporters, they will use financial products to protect themselves from Forex rates, not to make profits from them. [...] how the brokers (websites) can make money ? The broker (or bank) will either: I'm really afraid to bet because I think that they can bankrupt at any time! Are my fears correct ? There is always a probability that a company can go bankrupt. But that's can be very low probability. Brokers are usually not taking risks and are just being intermediaries in financial transactions (but sometime their computer systems have troubles.....), thanks to that, they are not likely to go bankrupt you after you buy your option. Also, they are regulated to insure that they are solid. Last thing, if you fear losing money, don't trade. If you do trade, only play with money you can afford to lose as you are likely to lose some (maybe all) money in the process.\""}
{"text": " \"The worth of a credit score (CS) is variable.  If you buy your stuff outright with 100% down then your CS is worthless. If you take a loan to buy stuff then it is worth exactly what you save in interest versus a poor score. But there is also the \"\"access\"\" benefit of CS where loans will no longer be available to you, forcing you to rent. If you consider rent as money down teh tiolet then this could factor in. The formula for CS worth is different for everyone. Bill Gates CS is worth zero to him. Walking away from a mortage is not the same as walking away from a loan.  A mortage has collateral. There are 2 objects: the money, and the house. If you walk away the bank gets the house as a fair trade. They keep all money you put against the house to boot! Sometimes the bank PROFITS when you walk away.  So in a good market you could consider walking away to be the Moral Michael thing to do. :)\""}
{"text": " I posted this here because I thought it would get well thought out and intellectual responses, save this for r/politics. Responding to your replies to CuilRunnings, the truth can be simple, sure. But more often than not it is a shade of gray, not a pure, simple black or white, especially in a field as complex as economics. Also, CuilRunnings idea that you should be loyal to objective truth is not diminished if he/she does not follow it; it is still just as valid a point if he follows his own advice or not."}
{"text": " \"Funds which track the same index may have different nominal prices.  From an investors point of view, this is not important.  What is important is that when the underlying index moves by a given percentage, the price of the tracking funds also move by an equal percentage.  In other words, if the S&P500 rises by 5%, then the price of those funds tracking the S&P500 will also rise by 5%.  Therefore, investing a given amount in any of the tracking funds will produce the same profit or loss, regardless of the nominal prices at which the individual funds are trading. To see this, use the \"\"compare\"\" function available on the popular online charting services. For example, in Google finance call up a chart of the S&P500 index, then use the compare textbox to enter the codes for the various ETFs tracking the S&P500.  You will see that they all track the S&P500 equally so that your relative returns will be equal from each of the tracking funds.  Any small difference in total returns will be attributable to management fees and expenses, which is why low fees are so important in passive investing.\""}
{"text": " Repair your car and vehicles and fix your all vehicles problems. Auto Sleuths provides best motor vehicle maintenance facility at affordable cost. Get help for all your automotive needs from the convenience of your mobile device. Auto Sleuths maintenance facility provides a high quality of repair services such as car repair, vehicle troubleshooting, brakes, exhaust systems, transmissions and more things."}
{"text": " I'd be surprised to hear that any of my colleagues have a difficult time explaining the basics... I'd guess likely they didn't want to start down a long explanation, as explaining exactly what you do, for example, as an options trader, is very complicated. Sometimes I think explaining what you do in a concise amount of time is more difficult than the job itself. Trying to explain the specifics opens up a Pandora's box of questions to those who aren't familiar."}
{"text": " It's not Bitcoin itself, which is theoretically and practically very interesting, so much as the low quality and number of articles submitted.  Edit: And people, like OP, who just spam links to every sub and aren't looking for any discussion whatsoever."}
{"text": " Is my math correct? The Math is correct, however Dividends don't work this way. The Yield is Post Facto. i.e. Given the dividend that is declared every quarter, once calculates the yield. The dividends are not fixed or guaranteed. These change from Quarter to Quarter or at times they are not given at all. The yield is 3.29% and the value is $114 per share. Assuming that the price remains exactly the same for an entire year, and that I purchase only one share, then this should be the math for calculating the yield: 114 x 0.0329 = 3.7506 What the Link is showing is that last dividend of MCD was 0.94 for Q3; that means total for a year will be 0.94*4 [3.76], this means yield will be 3.29%. Note this year there were only 3 Dividend was 0.89 on 26-Feb, 0.89 on 2-Jun and 0.94 on 29-Nov. It is unlikely that there will be one more dividend this year. So for this year the correct post facto calculation would be 0.89+0.89+.94 = 2.72 and hence an yield of 2.38%  Also, are there any fees/deductions, or would I receive the amount in full, which should be $3.75? There are no fee deducted. Not sure about US tax treatment on Dividends."}
{"text": " \"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-global-forex-idUSKBN19R02B?il=0) reduced by 77%. (I'm a bot) ***** > NEW YORK The dollar fell on Thursday after a round of weaker-than-expected U.S. employment data, affirming a gradual pace of interest rate hikes by the Federal Reserve as the labor market cools.  > Ahead of Friday's U.S. non-farm payrolls data, the ADP National Employment Report showed private-sector payrolls increased by 158,000 jobs last month, less than the 230,000 positions created in May and below economists' expectations for a gain of 185,000.  > The employment index fell to 55.8, compared with 57.8 in May, suggesting a cooling labor market.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lodrz/the_dollar_fell_on_thursday_after_a_round_of/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~160900 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*: **U.S.**^#1 **Fed**^#2 **employment**^#3 **minutes**^#4 **dollar**^#5\""}
{"text": " \"Joe does is \"\"cost\"\" the state money with tax incentives? Providing incentives to encourage job goeth by allowing businesses to keep more of their money doesn't cost the government anything because it's not this government money in the first place. Secondly, would you prefer no business growth so those aren't any job or any new tax revenue?\""}
{"text": " Should go up because of a company is doing better than the market previously expected it to do, the implication is that it's undervalued at the current price and you buy now you're getting it for less than what it's worth.   If Trump was wrong, then the stock would trade up for a bit before ultimately finishing up where it started when the market realises there's nothing in what he said."}
{"text": " \"I don't know. Chinese purchasing power has been steadily advancing. I think that it's a \"\"total cost of goods\"\" thing. The total cost to manufacture, package, ship, warehouse, pay import/export taxes, etc... all of that must be at a tipping point such that US is now the cheaper option.  Just because we can spend more wouldn't by itself force the relocation of a factory, the input costs would have to be reduced to make the economics work. It's the exact opposite wage-driven circumstance that resulted in factories being off-shored in the first place.   To repatriate manufacturing jobs, the only thing that would have changed in any dramatic way would be the direct manufacturing wages.\""}
{"text": " \"Would the net effect *really* be worse, though?  If everyone stopped paying back loans, and banks stopped lending, people would have to live within their means.  Prices would fall, and nobody would be in debt slavery for the rest of their lives.  As for allocating capital to new businesses, there would still be the option of a Kickstarter-like model, plus both private and public equity (and the rules could be changed so there could be more than 500 investors without being forced public).  A lot of options currently on the table would disappear, sure, but on balance, would it actually be worse?  As both government and Wall Street say it's bad, that seems to automatically suggest the opposite.  There has been a push to make it a crime to walk away from a mortgage, even though banks get the house back!  The fact that they desperately tried to paint it as \"\"morally wrong\"\" to walk away from a mortgage is a big red flag.  In any case, this is all going to be reshuffled in the near future, because of automation.  There won't be a need to borrow when your material needs are automatically met; and there won't be much of a point to promising your labor when machines are doing the jobs already.  The transition to a post-scarcity economy over the next 20 years is going to be interesting.\""}
{"text": " To start with, I should mention that many tax preparation companies will give you any number of free consultations on tax issues \u2014 they will only charge you if you use their services to file a tax form, such as an amended return. I know that H&R Block has international tax specialists who are familiar with the issues facing F-1 students, so they might be the right people to talk about your specific situation. According to TurboTax support, you should prepare a completely new 1040NR, then submit that with a 1040X. GWU\u2019s tax department says you can submit late 8843, so you should probably do that if you need to claim non-resident status for tax purposes."}
{"text": " Excess capital is the primary means of navigating around a trade which is moving against you. In a very basic case, consider a long position moving against you. With additional capital you could average in as the price drops or you could write options against your position. If you don't have the capital to handle when (not if) a trade move against you then you're at a significant disadvantage as your only option may be a liquidation."}
{"text": " \"How about doing a Lease Option with a very long term and a very early \"\"option\"\" for the guy buying.  Essentially he will be making your mortgage payments for the next couple few years.  Much less paperwork for the both of you that way. See a lawyer for the paperwork, from my limited experience with a real estate lawyer is a standard document and shouldn't cost that much.\""}
{"text": " Typically you can only claim as business deductions those expenses which strictly relate to your business. In some cases, if you have a dedicated home office in your house, you can specify that expenses related to this space (furniture, etc.) are business expenses because it is a dedicated space. For example, I know of someone in sports broadcasting who claimed several TVs as a business expense, but these are for a room in his house that he uses only for watching games related to his work responsibilities, and never for entertaining, having friends over, etc. I think it will be difficult for you to count any portion of this type of installation as a business expense as it would relate to both your business as well as your residence. If you intend to try to get this deducted, I would strongly recommend consulting a CPA or tax attorney first. I think it will be difficult to prove that the only benefit is to your LLC if your electricity bills/credits are co-mingled with those for your residence. Best of luck!"}
{"text": " Yeah, the VAT adds more fairness between who gets the taxes, but is only offset by it being more complicated and needing more bureaucracy. I think it's an interesting idea. If I were a policy analyst I'd like to see what costs are vs. benefit."}
{"text": " > ING is the fourth major bank to settle with New York and U.S. authorities over \u201cstripping\u201d information from wire transfers that would have identified sanctioned parties\u2019 involvement. In 2009, Credit Suisse AG agreed to pay a $536 million fine and Lloyds TSB Bank Plc agreed to forfeit $350 million. Barclays settled in 2010 for $298 million.  > Later that year, another Dutch bank, ABN AMRO, settled a case with the Justice Department, agreeing to pay $500 million.  lol that's not even half a quarter of profits."}
{"text": " All I need to clear the CC debt I\u2019m in is 6k.  I couldn\u2019t work when my baby was post-op and I can\u2019t catch up no matter how I try and I swear to God I\u2019m gonna steal it if I can\u2019t figure out wtf to do soon. I work 50+ hours a week and pick up OT on sundays, and I want to be with my son otherwise but I know if I have to get a second job I could pay this off quicker but I will never see him. I know I failed using the CCs when I had to be home w him but there was no money, that was it. The cards were all zero balance and hadn\u2019t been used in over two years but I didn\u2019t know what else to do when he was sick. It kept us afloat. I\u2019m back at work, we live modestly - are there people in the world who just meet people and realize they\u2019re decent human beings and just give them money to be nice and help them out? No strings attached?"}
{"text": " MYO Clinix is a Delhi based advanced institute of learning and training offering certification courses and workshops in the field of hair transplant and body contouring. Doctors of hair transplant in Noida have a caveat. The patients coming for hair transplant must be healthy; otherwise, risks are less likely to be successful."}
{"text": " \"I was prepared to read this article and agree based on the headline (because politics of all stripes are generally not awesome for business) but then the article was just idiotic.   At least it's convenient shorthand. I know I can basically dismiss anything that rants about \"\"leftists.\"\"  >Perhaps someone should have warned ESPN executives that the Left\u2019s destructive ideology of \u201csocial justice\u201d is incompatible with profit  Or maybe they should tell them that the pay-for-cable method is incompatible with profit in the age of cord-cutting and streaming sports for free.\""}
{"text": " I never said it didn't have a visible effect on local economies, but the total from your posts barely clicks over 100k jobs. Advances in engineering have devastated the manual labor industry much more than any outsourcing could accomplish."}
{"text": " > I agreed to eat the food with an implied contract that I will pay for it.   You stay in the state's territory voluntarily, you agree to benefit from the services they fund with an implied contract that you contribute to their funding one per year.  Trying to insist you never did consent, at this point, isn't an argument. You could say the same thing after you're done eating and your given a bill."}
{"text": " All VaR is is simply a confidence interval on losses.  The problem with VaR models is they usually don't fare well against events that break the normal operating criteria...  So the model validation process usually throws out the outliers when in reality it's what happens in the extremes that makes or breaks your company."}
{"text": " I can think of a several reasons:"}
{"text": " I don't think this is always true, it really depends on the quantities you're looking for and the markets you're in. Sounds like this guy is dabbling in many markets trying to find out the good niches, therefore he's not going all in on anything. In the article he addresses the fact that some of these shops will sometimes have more orders/connections and therefore more leverage than you might if going directly to the manufacturer. I also wouldn't be surprised at all if many manufacturers, especially the uber-cheap ones, don't feel comfortable talking directly to westerners... their expertise is making stuff cheap, not in communications."}
{"text": " The customer service is great but the network is bad and getting worse.  They are concentrating on their slow rollout of LTE and the Wimax network is dying.  My 3G coverage is even worse. To add insult to injury, I'm in a top 25 market that isn't even getting LTE."}
{"text": " \"...Tell this to a professional or let's say a consultant in the real world, and they'll shake their head and walk away, realizing your knowledge is akin to a child in this context.    Equifax does not represent corporate America.  It's in a heavily regulated industry and credit bureaus essentially have immunity.    People scream bloody murder about enterprises like Amazon & Google taking over the world, but what they've accomplished has continually added more value to the end customer.  Why?    Because they have to continue to server their customers better as there's plenty of competitive forces to continue motivating them to do better.    There's quite a few reasons why CEOs \"\"step down\"\" or \"\"retire\"\" when the intention is not much different than firing.  For one, CEOs are under contracts generally, and those contracts present a lot of legal risk that can backfire.    If the CEO isn't too happy and feels a grudge, he can bring a lawsuit that brings more public embarrassment, gets messy, and even if the company has the stronger case, it doesn't just get resolved easily.  So study why they're labeled as \"\"retirements\"\" to understand what needs to be fixed instead of whining corporate America is evil and doesn't give a shit.  Everyone gives a shit about surviving.\""}
{"text": " My personal opinion is that labor unions inevitably arrive at the corruption destination because, at the end of the day, they are political entities.  It is nice to see one that has a true endogenous origin.  ...and it is telling that the press is being used to portray this one as a political entity."}
{"text": " $3,679,163.80  I made these assumptions that you did not state:  Then using Excel, we find that with a starting point of $3,679,163.80, we can achieve your goal. The formula for Yearly Budget is =G$1*((1.035)^(A3-2012)) and the formula for Money left at year end is =(D4/1.05)+C4  For 2067, enter $0 leftover, and for 2066, enter $397,988.47 leftover. G$1 is $60,000 G$2 is 0.05"}
{"text": " So how would you regulate the financial sector to keep one ridiculous horde or powerhouse of cash from ruling it, and keep money flowing through the whole system rather than stagnating or spiraling to a small sector?  These questions also bring to mind rivers versus blood vessels.  In rivers, you get eddies and pools.  In the circulatory system, eddies and pools lead to health issues, much like hording and enclosed loops create stagnation or poor financial health.  Just an observation."}
{"text": " I live in a suburb of Los Angeles so maybe that sort of warps my view a bit. We have 99 Ranch, Vallarta, Jons, and Seafood City all in a 10 mile radius. The range of food I can get is crazy."}
{"text": " Don't forget Morgan Stanley also walked away after a $1bn investment during construction so this will technically be the third set of investors.  This casino should have never been finished.  They weren't in touch with what people who actually go to AC wanted and it just made things worse."}
{"text": " He said base salary. Most executive compensation is bonuses, awards, and long term incentives that vastly outweigh the actual cash they receive. Just check out a large company's proxy statement. Walmart's CEO received less than $3 million in cash last year."}
{"text": " You've got two main options, in my opinion:  1. Don't take the job and hustle to get into the front office off the bat.  2. Take the job, but after a little bit work your ass off to re-brand and get into the front office (of another employer). This could mean going back to school, for example."}
{"text": " How are shareholders sure to receive a fair percentage of each company?  At the time the split occurs, each investor owns the same proportion of each new company that they owned in the first.  What the investor does with it after that (selling one, for example) is irrelevant from a fairness perspective. Suppose company A splits into companies B and C.  You own enough stock to have 1% of A.  It splits.  Now you have a bunch of shares of B and C.  How much?  Well, you have 1% of B and 1% of C.  What if all the profitable projects are in B?  Then shares of B will be worth more than those of C.  But it should be the case that the value of your shares of B plus the value of your shares of C are equal to the original value of your shares of A.  Completely fair.  In fact, if the split was economically justified, then B + C > A.  And the gains are realized proportionally by all equityholders. Remember, when a stock splits, every share splits so that everyone owns both companies in the same proportion as everyone else.  Executives don't determine what the prices of the resulting companies are...that is determined by the market.  A fair market will value the child companies such that together they are worth what the original was."}
{"text": " I would suggest to buy your own printer, and calculate the cost for a page including the wear to the printer. Then either deduce these printing expenses, or ask the charity to reimburse you. This is not much different than when you would go to a copyshop, those easily charge 10-30c per page, with your own printer you can probably get it around 5-10c per page, including paper, toner, drum, and amortization. The advantage is that when you do use the printer for other purposes, you wont get into any problems with who owns the printer or deductions."}
{"text": " Which of Lewis' facts are you taking issue with exactly? I guarantee that if there was a single untruth in the book, the HFT firms would have an army of lawyers suing Lewis, Katsuyama, the publisher, and anybody else they thought was unjustly accusing them of wrongdoing."}
{"text": " so what do you think of this article? we hope you can take the time to post your comments and reactions below. that way, we can help all those who are planning to sign up for credit repair services or are interested to take matters into their own hands in terms of paying off their credit obligations, once and for all."}
{"text": " As other uses have pointed out, your example is unusual in that is does not include any time value or volatility value in the quoted premiums, the premiums you quote are only intrinsic values.  For well in-the-money options, the intrinsic value will certainly be the vast majority of the premium, but not the sole component. Having said that, the answer would clearly be that the buyer should buy the $40 call at a premium of $10.  The reason is that the buyer will pay less for the option and therefore risk less money, or buy more options for the same amount of money.  Since the buyer is assuming that the price will rise, the return that will be realised will be the same in gross terms, but higher in relative terms for the buyer of the $40 call.   For example, if the underlying price goes to $60, then the buyer of the $40 call would (potentially) double their money when the premium goes from $10 to $20, while the buyer of the $30 call would realise a (potential) 50% profit when the premium goes from $20 to $30. Considering the situation beyond your scenario, things are more difficult if the bet goes wrong.  If the underlying prices expires at under $40, then the buyer of the $40 call will be better off in gross terms but may be worse off in relative terms (if it expires above $30).  If the underlying price expires between $40 and $50, then the buy of the $30 will be better off in relative term, having lost a smaller percentage of their money."}
{"text": " Seems the journalistic DDOS attack worked on you. When we're flooded with crap it makes it very hard to filter out the noise. The goal isn't to change our minds, but to have us grow to think it's all garbage. There's still great journalism out there, it's just more drowned out by a huge volume of idiocracy."}
{"text": " \"Wow, that's expensive.  Here's a list of the channels you get for the 30\u20ac plan:  http://media.abonnez-vous.orange.fr/medias/pdf/divers/chaines-TV.pdf  ( You have to pay extra for the ones in gray and the first 19 channels are free even without a subscription )  There are probably much less channels than in the US but you probably only watch 1% of the available channels.  Since I just checked, extra channels (like Canal+ which you could say is the french equivalent of HBO) are pretty expensive (40\u20ac/month). But I only watch American shows \"\"on the internet\"\" so I wouldn't know ;)\""}
{"text": " This post has a great discussion on the topic. Basically, there is no single interest rate above which you should pay off and below which you should keep. You have to keep in mind factors such as"}
{"text": " I would go with option B. That is safer, as it would leave you with more options, in case of an unexpected job loss or an emergency."}
{"text": " Well, with TiSA, even the smallest government procurements, down even to the municipal level, those contracts will have to [be liberalised](https://www.youtube.com/watch?v=2_pPqnbXpA4), opening them to bidding from companies from all around the world.  This will end those programs that steer jobs to a country's own companies or farms, often by means of means tested subsidies or carve outs for certain favored groups, stealing money from corporations.   Conservatives will be happy because all those New Deal style programs will be a thing of the past. The FTAs should also result in a vast expansion of the educational marketplace. [Like GATS](http://www.iatp.org/files/GATS_and_Public_Service_Systems.htm), the TiSA mandates massive irreversible privatization, but it [goes much further](http://www.world-psi.org/en/psi-special-report-tisa-versus-public-services)."}
{"text": " Listen Bernie Bro, if you think any centralized government will ever be fully accountable to we the people, you need to put down the hash pipe. Bernie wasn't even accountable to his own donors, that's why they're suing him ;)   The only solution is for the government to stop inserting itself between people and Healthcare. Only then with direct pricing, lower barriers to entry, private charity and consumer choice can we lower costs. Cartels only exist because of state mandated regulation, patent law and government mandated Healthcare."}
{"text": " Oh come on. I'm sure that's helped to gain momentum quicker but it's not like the guy doesn't have a passion, business knowledge, and the entrepreneurial spirit.   Ever heard about that amazing company that a trust fund baby started? Yeah, me neither."}
{"text": " \"You're right to seek passive income and since you're already looking for it, you probably already know some of the reasons to why it is important.   Do you live in the United States? If so I'd strongly recommend purchasing your primary residence and then maybe investment properties if you like owning your own home.  The US tax and banking structure is set up to favor this move in more ways than I can count. So, SAVE, SAVE, SAVE then beg, borrow and steal to get the down payment, rent rooms to friends or random people to afford the payments, buy a fixer upper in an up and coming neighborhood.  The US is rife with these in all price ranges. If you're working 56 hrs a week, you've got the work ethic. So if you can't afford it it's probably because you're spending all your money on other stuff. If you want to do this, it will take some effort, smarts, and savings. You will have to trim back the mochas, vacations, dinners out, etc, etc etc.  Let your friends do that stuff and rent from you.  Your life will get continually easier. If you have already trimmed back all the discretionary spending and still can't make it then you need to earn more money. Doing either and both of these things will absolutely change your whole economic life and future. So in summary I'd offer these  Ranked Priorities: 1) Learn to Save (unless you always want to have to work for someone else) 2) Increase your income capability (since your most valuable asset is YOU) 3) Buy and hold real estate (because the game is rigged to favor passive income) I'm 38, never earned a six figure salary, made some good purchases when I was 25-30 and work is \"\"optional\"\" for me now.\""}
{"text": " There are several concerns with this plan: The bank will look at the remaining student loans when determining how much you can afford in payments each month. If they do approve the loan they will want to have the check written to the student loan accounts as part of the closing process, otherwie you could have both sets of loans."}
{"text": " I know a guy who retired with a full pension from Sears after 20 years employment. It was in 1996 and he had worked there since 1976..... when he was 15 years old.  Not sure how that would be sustainable anyway."}
{"text": " >World war 2 was what carried america out of the great depression.  Not really. The end *results* of world war II did (basically the destruction of ALL economic competition), along with the (fortunate) improvements in productivity (the advent of gasoline tractors in agriculture, etc) -- but the war years were ones of a combined voluntary/forced austerity & centralized planned production (the vast majority of what was produced being destroyed or squandered).  >Anything's possible, people do desperate things when they're hungry, most people will resort to cannibalism within 2 weeks without food.   No. Most people will resort to a lot of other things first. And then, those failing they die of starvation.  Cannibalism is (and always has been) a relatively rare thing.  >It's too unpredictable, but my bet is that the coming collapse will be multiple times worse than the great depression.  Yes and no.  Probably longer in duration (20 to 30 years rather than ~10) -- and no doubt some significant parts of the infrastructure will deteriorate to the point of collapse.  What (in political & economic terms) comes out the other side of that is what is REALLY unpredictable. There will almost undoubtedly be some type of dictatorship police-state in there (most likely DURING the depression, making it longer & worse, before it implodes & gets better), but whether it would survive & remain (or be replaced by yet another) in the aftermath is the big question."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.commondreams.org/news/2017/06/16/seeking-economic-justice-all-hawaii-first-state-consider-basic-income) reduced by 67%. (I'm a bot) ***** > Hawaii has become the first state to officially begin exploring the possibility of a universal basic income after a bill requesting the creation of a "Basic economic security working group" recently passed both houses of the state legislature.  > The Hawaii bill was put forth by State Rep. Chris Lee, who in a Reddit post on Thursday explained the motivations behind the measure and the ambitions driving the movement demanding economic justice for all.  > HCR 89 also establishes a Basic Economic Security Working Group co-chaired by the Department of Labor and Department of Business, Economic Development and Tourism to analyze our state's economy, and find ways to ensure all families have basic financial security, including an evaluation of different forms of a full or partial universal basic income.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hztmm/seeking_economic_justice_for_all_hawaii_first/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147206 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*: **state**^#1 **basic**^#2 **Hawaii**^#3 **security**^#4 **economic**^#5\""}
{"text": " She\u2019s near the Coronado neighborhood in Phoenix so it\u2019s not the best place but it\u2019s definitely rising. Property values are starting to go up and the hospital is right now the street. Her location isn\u2019t the most perfect, but when she did a survey of the neighborhood there were a ton of people saying the only thing that\u2019s missing is a health food market. The closest Whole Foods and Trader Joe\u2019s and sprouts are all pretty far away especially with traffic and she doesn\u2019t mark up her prices that high at all."}
{"text": " I did read the article. I'm very surprised that such a simple and alternative idea was poorly received, but I have a feeling it's because you didn't read my response carefully enough. The 3-5 years which you took to mean the training time, was presented as the commitment in return for free training, which I expected would take around 6-12 months. The candidates suggested would already have Master's Degrees in other fields, and so it's to be expected they'll need around 30-60 hours to train them to an academic level. Full time this should only take a year.   An H1-B visa takes around 6 months to process, and when you factor in the amount of time it takes someone to actually move from a foreign country, it can easily be faster to train than transport. In any case, you could do both while you transition to a training process.  Here's an article on the processes that I am discussing where Peter Capelli is interviewed by the Wharton Business School. The gist of it is that because companies control every aspect of the hiring and job creation process, it is a large part of the fault on their shoulders when they 'can't find the right person.'   http://knowledge.wharton.upenn.edu/article.cfm?articleid=3027  Thanks for playing."}
{"text": " QE was started by Ben Bernanke's FED who was appointed by GWB. The FED is a separate entity from politics regardless of all the attempts to gain control. No politician came up with QE and most didn't support it.   Why would Dems or the GOP run on a program that an independent and privately run central bank created? Do you even understand what the FED is or how monetary policy is set?"}
{"text": " Get a credit card is NOT the answer. The reason people have a bad (or no) credit score is often because they're new to the country, have just turned 18, have previously fallen into arrears or are just bad with money. Getting a credit card is risky because, if you don't stay on top of your payments, it'll just damage your score even more.  Now, it sounds like I hate credit cards - but I don't, and they do have their benefits. But avoid them if possible because they can be more hassle than they're worth (ie, paying the credit back on-time, cancelling accounts when the interest comes in, moving money in and out of accounts). It's risky borrowing money from anywhere whether it's a payday lender, a bank, a credit card, etc., so use them as a last resort. If you've got your own income then that's amazing!, try not to live outside of your means and your credit score will look after (and increase) itself. It takes time to build a good credit score, but always make sure you pay the people you owe on time and the full amount. I'd stick with paying your phone provider (and any other direct debits you have setup) and avoid getting a credit card. I'd recommend Noddle to keep track of your credit score and read their FAQ on how to help build it. Unlike Experian, it's free forever so not quite as detailed... but Noddle are owned by CallCredit - one of the biggest Credit Reference Agencies in the UK so they should have the latest information on yourself. In conclusion, if you already have financial commitments like a mobile phone bill, gym membership, store cards, anything that gets paid monthly by direct debit... your credit score will increase (provided you pay the full-amount on time).   I hope this helps. PS. I don't work for any of the companies here, but I've been working in the finance sector (more specifically, short-term loans) for 3+ years now."}
{"text": " This has nothing to due with class warfare and you'd have to be a complete fucking moron to infer that what works for a family has any correlation as to how a country can operate financially.  It's about making long-term financial decisions to try and increase your quality of life.  If you take your blinders off, you'll realize that multi-generational households are a common phenomenon worldwide.  It has gone through waves of popularity throughout U.S. history as well, usually with immigrants.  The Italian side of my family did it back when they immigrated and it's becoming a trend yet again.  **Families that are experienced with poverty know it's the best way to survive - that's the only statement I made.**   I stayed with my parents until this year (age 28) and left against their advice.  They wanted me to stay longer and save as much as I could before leaving, but I felt it was time to leave. I have a stable job (self-employed), I downsized my car for financial purposes, and have paid off all of my debt before purchasing my apartment.  It would have taken me much longer to save enough money to be a homeowner if I didn't depend on my family.  I'm glad you hate people for making smart financial decisions.  It really shows the type of person you are."}
{"text": " Yes, wait.  While the bank promises to process the deposit quickly, there is still a window of a number of days. Many people have found themselves with high overdraft fees when the withdraws came before the deposits."}
{"text": " > In the modern age it's much more profitable to be a copier than an innovator   In all ages it is more profitable to be a copier. History of full of examples of the same thing being invented over and over again, only to discarded or ignored after the creators death. It doesn't matter if you are talking about fur pelts in stone age or modern super-computers, the benefits of a innovation only happen when it becomes widely available."}
{"text": " If they all own common stock, no, everyone has to be treated equally.  There are also lots of protections against, say, A and B finding one shareholder to vote with them and using their 50.1% to grant themselves special rights.  there are a million ways you could do that - issue preferred stock to A, issue options to B, buy a service from A for $10mm, rent a basement from B for $10mm, etc. etc.  This stuff has to be prevented otherwise nobody would be willing to be a minority investor."}
{"text": " \"Absolutely this study should be taken into account. As the study suggests, there should be further study into the possible link between glyphosate and myeloma. I would go as far as to say the science of just about anything moderately complex is never settled, and continued research and study is always warranted and encouraged especially when it impacts our wellbeing.  However, I would point out that this study spends a great deal of time explaining that while an association is \"\"possible\"\", there are also many other factors that may be falsely leading them to that interpretation.  In the end this paper stops far short of making a concrete link between glyphosate and any form of cancer. The State of California on the other hand is making a very definitive statement that they \"\"know\"\" glyphosate causes cancer. I don't think we \"\"know\"\" this at all, and the data in support of such a conclusion is extremely limited and weak at this point.\""}
{"text": " V\u1edbi nhi\u1ec1u th\u00f4ng tin b\u1ed5 \u00edch, trang V\u00e0ng V\u1eadt Ch\u1ea5t \u0111ang \u0111\u01b0\u1ee3c nhi\u1ec1u \u0111\u1ecdc gi\u1ea3 th\u01b0\u1eddng xuy\u00ean theo d\u00f5i h\u00e0ng ng\u00e0y v\u00e0 trong t\u01b0\u01a1ng lai s\u1ebd c\u00e0ng c\u00f3 th\u00eam nhi\u1ec1u \u0111\u1ecdc gi\u1ea3 quan t\u00e2m t\u1edbi th\u00f4ng tin tr\u00ean trang V\u00e0ng V\u1eadt Ch\u1ea5t.  Nh\u1eb1m h\u1ed7 tr\u1ee3 qu\u00fd kh\u00e1ch trong vi\u1ec7c qu\u1ea3ng b\u00e1 Th\u01b0\u01a1ng Hi\u1ec7u c\u1ee7a doanh nghi\u1ec7p tr\u00ean m\u1ed9t trang th\u00f4ng tin T\u00e0i Ch\u00ednh s\u1ea1ch nh\u01b0 trang V\u00e0ng V\u1eadt Ch\u1ea5t, ch\u00fang t\u00f4i hoan ngh\u00eanh qu\u00fd kh\u00e1ch tham gia t\u00e0i tr\u1ee3 trang theo c\u00e1c lo\u1ea1i h\u00ecnh nh\u01b0 sau: - \u0110\u0103ng link gi\u1edbi thi\u1ec7u website c\u1ee7a doanh nghi\u1ec7p: 500,000 \u2013 1,000,000 \u0111\u1ed3ng/th\u00e1ng - \u0110\u01b0a banner gi\u1edbi thi\u1ec7u v\u1ec1 doanh nghi\u1ec7p: 1,000,000 \u2013 3,000,000 \u0111\u1ed3ng/th\u00e1ng - \u0110\u01b0a b\u00e0i vi\u1ebft gi\u1edbi thi\u1ec7u v\u1ec1 doanh nghi\u1ec7p: 1,000,000 \u2013 2,000,000 \u0111\u1ed3ng/b\u00e0i  Ch\u00fang t\u00f4i ph\u00e1t tri\u1ec3n c\u00f9ng v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a doanh nghi\u1ec7p c\u1ee7a b\u1ea1n !"}
{"text": " \"I think the problem is that you've made a math error. This child would not be costing you 300 per month, it will be costing you 1400 per month.  1100 of this is in a donation of salable hours rather than cash, but helpfully you have a number right there as to how much someone is willing to pay for these hours so the math is still doable. So, if you are indeed splitting your expenses fifty-fifty, you should chip 1100 into the pot to match your wife's contribution.  It would make the most sense, I think, to have your part of this contribution cover some of your mutual expenses, and if any is left over, save it up for the day that your child would cost more than that 300 in a month - when you need extra clothes, or have to replace something they destroyed, or want to pay for extra opportunities (camps, educational games, lessons), or a a savings that can be used for major future expenses (higher education, first car, milestone celebrations, safety net when starting out). Of course, if your family is indeed a priority, you might consider making an equal investment in your family - say, half your income (1800) to match half her time going into the building of the family.  After all, the decision to start a family should be an investment of time and value, not just a minimum bid for expenses.  And again, any extra can be spent on mutual expenses, saved up for future costs, or left as your child's \"\"savings\"\" for major expenses or safety net. I suppose I should mention that you perhaps could get away with covering half her contribution (550 per month, on the face of it), as that should also \"\"balance\"\" out the monthly expenses.  Even this much would be enough to put her back into the green on her covering her own costs.  Of course, in this case you might want to take into account that while she's working 38,5 hours per week now, running a household is, I've heard, more closely equivalent to a 60-hour week, plus or minus being \"\"on call\"\" for a further 100 hours a week.  Trying to calculate the absolute minimum payment on your part to match the investment of hours on hers is likely to be a bit more tricky than just matching the salable hours not worked, if you're set on income ratios and splitting costs \"\"as they are\"\". Also, you might want to rethink your criteria for sharing income completely or what makes certain divisions of costs \"\"unfair\"\". You mention one reason it would be unfair is that you have a \"\"more stressful job\"\" - well, your job may well be more stressful than her job now, but it is likely to be less so than raising a child (her new job).  As for investment of time and energy for your education entitling you to a larger amount of pay, again, raising a child is likely to be a larger investment of time, money, and anxiety than your education, but her pay (or even share of the costs) doesn't seem to be balanced in response.  I'm not gonna tell you what is fair, that's for you to work out, just suggesting you really think it through before deciding what would be fair or not.\""}
{"text": " \">It seems that the corporation was ordered to pay, no? The man does not claim he can't pay it, he claims the corporate entity that is supposed to pay it can't pay it.  Exactly.  Robert K (Rich Dad) established a company called Rich Global LLC.  Which was sued by his partners in that company for failure to pay their agreed upon percentage of income.  [From this article](http://abcnews.go.com/Business/rich-dad-poor-dad-author-files-bankruptcy/story?id=17463158#.UHhXSG_A_6M): The company had been weighed down by a lawsuit filed by Learning Annex, one of Kiyosaki's earliest backers who had helped arrange his public speaking events earlier on, Forbes reported.  Bill Zanker, the founder and president of Learning Annex, sued Kiyosaki after he allegedly failed to pay a percentage of profits from his speaking engagements. A district judge in New York awarded Learning Annex $23.7 million.  \"\"I took Kiyosaki's brand and made it bigger,\"\" Zanker told the New York Post. \"\"The deal was I would get a percentage, and he reneged. We had a signed letter of intent. The Learning Annex is his greatest promoter. We put his 'Rich Dad' brand on a stage. We truly prepared him for great fame and riches. But when it was time for him to pay up, he said 'no.' \"\"   Robert Kiyosaki, author of the book, \"\"Rich Dad, Poor Dad\"\" filed for corporate bankruptcy through one of his companies, Rich Global LLC.  A few years ago Robert K started another company called Rich Dad Co.  He shifted all sales from books, seminars videos etc from his first company to the new company.  It seems this was a fantastic stroke of lucky timing - or he purposefully did this while talks were souring between him and his former business partners.  The former company is a shell with very little assets.   That's pretty convenient.  >This man probably runs several businesses.  Yes he does - I have provided examples of this in my previous posts.  >there is a chance some may go under.  Go under?  His book sales are not diminishing, he still does sell out seminars, he is paid for public speaking.  This isn't about a company that failed to become successful.    >If you don't want to invest with someone who doesn't have skin in the game, all you have to do is don't invest.  Are you even aware of who is partners are / did you even read any of the information I have provided to you?  His partners were the people who made him famous.  They backed him and propelled him to the level he is currently at.  They are asking for their fair share of what they created - and a court of law agrees with them.  Robert K screwed them.  Example:  I am a low level motivational speaker.  You are a promoter and believe in my message.  You and I go into business.  My job is to continue to write books, speak and create videos - you back me financially and create a PR and marketing campaign to propel me to a higher level of public awareness.  You do your job and make me famous.  When it comes time to pay you - I reorganize the company and screw you.    I really can't continue this conversation.  I have provided plenty of information, supporting links and examples.  It is clear that you are unwilling or just unable to concede (at ANY LEVEL) that it is even possible that someone would/could manipulate BK laws to avoid liability.  This discussion is turning into the equivalent of someone trying to describe the color red to a blind person.  No matter what I present to you - you just can't see red.  You are obviously entitled to your opinion and just for the record I have not downvoted a single one of your posts - however, due to your instance and firmly held belief that this type of business practice is \"\"smart business\"\" I restate that (in my opinion) you are part of the problem.   *edit: Yet more fat fingered spelling mistakes... my typing skills need improvement\""}
{"text": " We do need to reduce the influence of private money in politics, but we do not need the government to get involved in income redistribution.    This is not just.  A just society embraces proportionality. It is, in other words, a meritocracy. Not only, is it morally right, it's also sensible.   If everyone receives the same regardless of effort and contribution, that creates an incentive to work as little as possible. If you punish legitimate success, you harm everyone and perpetuate poverty.  Inequality doesn't matter; poverty matters, and these are not interchangeable issues."}
{"text": " I would start by talking to a Fee-Only Financial Planner to make sure the portfolio fits with your goals.  You can find a list here: http://www.napfa.org/"}
{"text": " Not to mention, people only shop at Walmart because they have to.   Whether it's small budgets or quite literally no other choices in town, most people don't like Walmart but shop there anyway. It has a bad reputation for many things. They often have lower quality versions of the same products available elsewhere because they bully suppliers into lowering prices. They also steal products to be marketed under their Great Value brand. They bleed local economies by underpaying employees and offering no benefits. And, they are seen as the low class option compared to other stores like Target.  If there was another option, people would take it. As soon as Amazon perfects the shipping system, Walmart will be a thing of the past. Sam's Club might still have a shot, though Costco seems to be edging them out too."}
{"text": " Short answer: NO, there is no financial benefits for you to expect in a local currency even if some might give tiny discounts on local sales. Local currencies are attractive for small business or communities, they are perfectly legal and starting to be popular in a lot of places. Local currencies encourage individuals and businesses to exchange goods and services locally.  Using them is like investing in your community. It could give you the feeling of doing something good for your community. Check this article for a discussion on the subject.  They should not be considered investments. Local currencies do not offer the same financial security and some could be like monopoly money, but that would be another subject or question to debate.  So, to summarize: no money to be made for your personal use, but some real social and financial benefits for your community. Would'nt that be a kind of personal benefit for you ?"}
{"text": " \"There are two umbrellas in investing: active management and passive management. Passive management is based on the idea \"\"you can't beat the market.\"\" Passive investors believe in the efficient markets hypothesis: \"\"the market interprets all information about an asset, so price is equal to underlying value\"\". Another idea in this field is that there's a minimum risk associated with any given return. You can't increase your expected return without assuming more risk. To see it graphically:   As expected return goes up, so does risk. If we stat with a portfolio of 100 bonds, then remove 30 bonds and add 30 stocks, we'll have a portfolio that's 70% bonds/30% stocks. Turns out that this makes expected return increase and lower risk because of diversification. Markowitz showed that you could reduce the overall portfolio risk by adding a riskier, but uncorrelated, asset! Basically, if your entire portfolio is US stocks, then you'll lose money whenever US stocks fall. But, if you have half US stocks, quarter US bonds, and quarter European stocks, then even if the US market tanks, half your portfolio will be unaffected (theoretically). Adding different types of uncorrelated assets can reduce risk and increase returns.  Let's tie this all together. We should get a variety of stocks to reduce our risk, and we can't beat the market by security selection. Ideally, we ought to buy nearly every stock in the market so that  So what's our solution? Why, the exchange traded fund (ETF) of course! An ETF is basically a bunch of stocks that trade as a single ticker symbol. For example, consider the SPDR S&P 500 (SPY). You can purchase a unit of \"\"SPY\"\" and it will move up/down proportional to the S&P 500. This gives us diversification among stocks, to prevent any significant downside while limiting our upside. How do we diversify across asset classes? Luckily, we can purchase ETF's for almost anything: Gold ETF's (commodities), US bond ETF's (domestic bonds), International stock ETFs, Intl. bonds ETFs, etc. So, we can buy ETF's to give us exposure to various asset classes, thus diversifying among asset classes and within each asset class. Determining what % of our portfolio to put in any given asset class is known as asset allocation and some people say up to 90% of portfolio returns can be determined by asset allocation.  That pretty much sums up passive management. The idea is to buy ETFs across asset classes and just leave them. You can readjust your portfolio holdings periodically, but otherwise there is no rapid trading. Now the other umbrella is active management. The unifying idea is that you can generate superior returns by stock selection. Active investors reject the idea of efficient markets.  A classic and time proven strategy is value investing. After the collapse of 07/08, bank stocks greatly fell, but all the other stocks fell with them. Some stocks worth $100 were selling for $50. Value investors quickly snapped up these stocks because they had a margin of safety. Even if the stock didn't go back to 100, it could go up to $80 or $90 eventually, and investors profit. The main ideas in value investing are: have a big margin of safety, look at a company's fundamentals (earnings, book value, etc), and see if it promises adequate return. Coke has tremendous earnings and it's a great company, but it's so large that you're never going to make 20% profits on it annually, because it just can't grow that fast. Another field of active investing is technical analysis. As opposed to the \"\"fundamental analysis\"\" of value investing, technical analysis involves looking at charts for patterns, and looking at stock history to determine future paths. Things like resistance points and trend lines also play a role. Technical analysts believe that stocks are just ticker symbols and that you can use guidelines to predict where they're headed.  Another type of active investing is day trading. This basically involves buying and selling stocks every hour or every minute or just at a rapid pace. Day traders don't hold onto investments for very long, and are always trying to predict the market in the short term and take advantage of it. Many individual investors are also day traders.  The other question is, how do you choose a strategy? The short answer is: pick whatever works for you. The long answer is: Day trading and technical analysis is a lot of luck. If there are consistent systems for trading , then people are keeping them secret, because there is no book that you can read and become a consistent trader. High frequency trading (HFT) is an area where people basically mint money, but it s more technology and less actual investing, and would not be categorized as day trading.  Benjamin Graham once said: In the short run, the market is a voting machine but in the long run it is a weighing machine. Value investing will work because there's evidence for it throughout history, but you need a certain temperament for it and most people don't have that. Furthermore, it takes a lot of time to adequately study stocks, and people with day jobs can't devote that kind of time. So there you have it. This is my opinion and by no means definitive, but I hope you have a starting point to continue your study. I included the theory in the beginning because there are too many monkeys on CNBC and the news who just don't understand fundamental economics and finance, and there's no sense in applying a theory until you can understand why it works and when it doesn't.\""}
{"text": " It's because we have refineries, (to make oil into gas) while other countries have the oil, but not as many refineries, if any.  This sounds crazy at first blush, but actually there is nothing weird about it.    Analogy: the US could import a lot of wool and export a lot of sweaters, but also import some sweaters too, for reasons outlined elsewhere ITT.  This would not imply either way whether we were wool-independent, it only necessarily means we have more sweater factories."}
{"text": " Because its working so well right now?  Companies will still higher new employees if there is a demand.  Some people might lose their jobs but it will not be something that cripples the economy.  This sky is falling mentality is what keeps us stuck in this pseudo slavery enviornment we live in right now."}
{"text": " There are many great performers who will make your children\u2019s  party a great way.  A DJ entertainer is one that is certainly a good idea to consider. Children DJ  Entertainment may just be what you need to ensure a successful kids party.  Our experienced DJ performers will keep the party moving and keep the kids busy with fun and excitement for the duration of the celebration. No matter how many party supply catalogs you look."}
{"text": " \"Theres nothing wrong with CDOs or Synthetic ones. What is important is that they are labelled correctly in terms of their risk. You cant be selling risky CDOs as \"\"safe\"\" bets.   If the rating agencies and financial institutions rate them correctly then I dont see a problem with it.\""}
{"text": " Given Saab's track record of throwing out 90% of the parts GM told them to use and designing their own I can see there being a couple of excellent cars that are way overbudget at the start of this new run :)"}
{"text": " The real problem now, which we don't realize, but will come to in the years to come is:  #It is impossible to remove a corrupt democracy by democratic means  If you lets these parasites entrench and solidify, you will never get them out"}
{"text": " \"The reason for selling a stock \"\"short\"\", is for when you believe the stock value will decrease in the near future. Here is an example: Today Exxon-Mobile stock is selling for $100 / share. You are expecting the price to decrease, so you want to short the stock, which means your broker (i.e. eTrade, etc) allows you to borrow shares without paying money, and those shares are transferred into your account, and then you sell them and receive money for the sale. But you didn't actually own those shares, you only borrowed them, so you need to return the shares to your broker sometime in the future.  Let's say you borrow 10 shares @ $100, and you sell them at the market price of $100, you receive $1,000 in your account. But you owe your broker 10 shares, which you need to return sometime in the future. A few days later, the share price has decreased to $80. Now you can buy 10 shares from the market at a total cost of $800. You get 10 shares, and return those shares to your broker. Since you originally took in $1,000, and you just paid out $800, you keep a resulting profit of $200\""}
{"text": " So, you agree that the government is actively colluding with klepto-capitalists to restructure the US into a series of all-dominating monopolies crushing consumer value and worker interests, but you don't think the gov officials doing that are in it for their own gain and not yours?  Bro, do me a favor, look up Hillary Clinton's net worth, and tell me how the fuck she did that on a gov salary. Look up Susan Rice's net worth. Look up just about any congressmans net worth and tell me how the fuck they did that."}
{"text": " \"What bothers be is that Juicero received so much funding to begin with. I'll water most people here people here know the nuances particulars but I'll list a few points.  1. The juicer was an over engineered press.  2. It had WiFi which made it better, some how.  3. It had over priced juice packets.  4. And lets not forget that you could simply squeeze the hand packets yourself.  I like to think I'm a smart guy. VC's, I would imagine, are very smart people. How is it that a juicing company convinced so many allegedly very smart people to give them money? What happened to due diligence, investigation, or just asking basic questions like \"\"couldn't I just squeeze the packets myself\"\"?   It's one thing if some guy makes a stupid invention. That happens. It quite another when he successfully convinces other people to give him a literal fortune to make more. This story leaves me genuinely angry.\""}
{"text": " Chances of success are very good, actually.  They are not a religious organization, they're a business.  You simply can't do this.  Note that the EEOC is representing the guy directly.  That doesn't happen unless after an investigation of a complaint, the EEOC decides there's a clear problem.  That happens RARELY.  The EEOC will only pursue their best cases."}
{"text": " \"I agree.  It was a nice summary for the most part but anybody who seriously wishes to understand money should read \"\"wealth of nations\"\".  This sort of oversimplification can actually be more misleading than clear.  Theres a reason why \"\"wealth\"\" is such a huge fucking book...\""}
{"text": " \"EPS is often earnings/diluted shares. That is counting shares as if all convertible securities (employee stock options for example) were converted. Looking at page 3 of Q4 2015 Reissued Earnings Press Release we find both basic ($1.13) and diluted EPS ($1.11). Dividends are not paid on diluted shares, but only actual shares. If we pull put this chart @ Yahoo finance, and hovering our mouse over the blue diamond with a \"\"D\"\", we find that Pfizer paid dividends of $0.28, $0.28, $0.28, $0.30 in 2015. Or $1.14 per share. Very close to the $1.13, non-diluted EPS. A wrinkle is that one can think of the dividend payment as being from last quarter, so the first one in 2015 is from 2014. Leaving us with $0.28, $0.28, $0.30, and unknown. Returning to page three of Q4 2015 Reissued Earnings Press Release, Pfizer last $0.03 per share. So they paid more in dividends that quarter than they made. And from the other view, the $0.30 cents they paid came from the prior quarter, then if they pay Q1 2016 from Q4 2015, then they are paying more in that view also.\""}
{"text": " Thing is, it's not exceptions we're talking about, it's the rule. This 1 million average is skewed due to top 4-5% students who go on and become top executives and earn hundreds of billions of dollars in their lifetimes, while 90% of the rest do not justify the investment in their overpriced education. 90% are not the exception, *they* are the rule.   Plus, the examples I gave are based on rough calculations, and anyone can play with their specific numbers. Even then, it's already hard to see how huge differentials you must reach to pay for your investment. You can look at university sites for hard data - for MBA average starting salary goes from 140K before to 149K after, at one university I looked to apply for. These 9K are nice,  esp. for a 1 year of income forgone, but then again, 80K tuition is also not something you come across easy, most likely you need to calculate interest as well on those. + living expenses, books.   The mind-boggling thing for me is that people going into universities do it just automatically, just because that's what they think they should do. They don't even do a back of the envelope calculation if it's worth it. That's what more surprising and worrying for me, to be honest."}
{"text": " Is all data in the company equally sensitive? Does everyone in the company have equal access to this type of sensitive information that would cost a company 'billions of dollars in fines' or is your argument that any work product of any employee in the company could result in such fines? Can you provide an example of any company ever paying a fine of such magnitude? If not what is the basis for your estimation of that number?  Ok I'll take the stealth edit to mean you pulled it out of your ass which I already knew."}
{"text": " I think this is more like Uber's Stalingrad than Uber's downfall. Uber is fighting a war of attrition in every market at once. Early last year when they secured $3.5 billion in capital from the Saudi Sovereign Fund their victory appeared certain.  Since the #DeleteUber campaign began, Uber's competition has raised over $10 billion (Didi $5.5b, Grab $2.0b, Lyft $1.6b, Ola $1.1b, etc.) while Uber has raised $0. Even if Uber closes that high profile $10 billion deal with SoftBank, it only gives Uber $1b in new capital. Uber is over-extended, and now is a good time for smaller companies to grab market share that Uber cannot defend."}
{"text": " Before you save too much, have a look at this: http://www.lowestcostcolleges.com The writer of this is working with a guy who has a bachelor's degree at age 18.  Not an associate's, a bachelor's. The cost was something like $15,000, total, and the kid paid for it himself.  No debt."}
{"text": " First of all, this is a situation when a consultation with a EA working with S-Corporations in California, CA-licensed CPA or tax preparer (California licenses tax preparers as well) is in order. I'm neither of those, and my answer is not a tax advice of any kind. You're looking at schedule CA line 17 (see page 42 in the 540NR booklet). The instructions refer you to form 3885A. You need to read the instructions carefully. California is notorious for not conforming to the Federal tax law. Specifically, to the issue of the interest attributable to investment in S-Corp, I do not know if CA conforms. I couldn't find any sources saying that it doesn't, but then again - I'm not a professional. It may be that there's an obscure provision invalidating this deduction, living in California myself - I wouldn't be surprised. So I suggest hiring a CA-licensed tax preparer to do this tax return for you, at least for the first year."}
{"text": " Time is money. If those hours spent researching to save $3 made you a better profit than you would have otherwise had buying the more expensive product and using the rest of the time to make more than $3, then you came out on top. If you consider this general premise in every spending decision you make, you should always feel that you made the right choice."}
{"text": " \"Actually sounds like an interesting concept for a business, potentially! (grin) You know, depending on where you live and how big the market is, you might see if there's a local \"\"concierge\"\" service.  These are companies that will act like personal shoppers/assistants for you in all kinds of ways.  I can't speak to the quality of their services or the pricing they use, but it would be a great place to start. I'm sure you can find listings of them on the web.\""}
{"text": " The liars need to be called out how can this go on..  Prices are going up and wages flat is not deflation,  it's some horrible stagflation... And this is not semantics this is important because these doublethinkers use these words to set policy..   And yes it is caused by banks this economic situation,  QE for 9 years, massive debt bubble..   On top of this the banking conglomerates Now control even amazon.. http://www.nasdaq.com/symbol/amzn/ownership-summary  What an awesole that man is."}
{"text": " Uno de los mayores quebraderos de cabeza a los que se enfrentan muchos espa\u00f1oles es el hecho de arrastrar deudas impagadas con su banco habitual o no lograr refinanciar dicha deuda con otra entidad bancaria \u00a1Inf\u00f3rmate sobre c\u00f3mo solicitar cr\u00e9ditos con Asnef y liquida tus deudas!"}
{"text": " Hey-  I'm sorry about this comment:    >A dash of humility on your part may be in order, given the fact that you've already admitted to the reality that you aren't sure of any of this yourself.  I actually thought I responding to somebody else in the thread...I didn't catch that it was a totally different poster.    My apologies."}
{"text": " IELTS British Council,  provides local and international documentation services and solutions from to more than 10 years in the world. IELTS stands for International English Language Testing System. If you want to Buy Canada ielts certificates online, then you can visit our website. We will provide you 100% original ielts certificate. It is jointly owned by the British Council. This ielts certificate used Canada and Commonwealth countries for students originating from non-English-speaking countries."}
{"text": " \"To my knowledge, there's no universal equation, so this could vary by individual/company.   The equation I use (outside of sentiment measurement) is the below - which carries its own risks: This equations assumes two key points: Anything over 1.2 is considered oversold if those two conditions apply.  The reason for the bear market is that that's the time stocks generally go on \"\"sale\"\" and if a company has a solid balance sheet, even in a downturn, while their profit may decrease some, a value over 1.2 could indicate the company is oversold. An example of this is Warren Buffett's investment in Wells Fargo in 2009 (around March) when WFC hit approximately 7-9 a share.  Although the banking world was experiencing a crisis, Buffett saw that WFC still had a solid balance sheet, even with a decrease in profit.  The missing logic with many investors was a decrease in profits - if you look at the per capita income figures, Americans lost some income, but not near enough to justify the stock falling 50%+ from its high when evaluating its business and balance sheet.  The market quickly caught this too - within two months, WFC was almost at $30 a share. As an interesting side note on this, WFC now pays $1.20 dividend a year.  A person who bought it at $7 a share is receiving a yield of 17%+ on their $7 a share investment. Still, this equation is not without its risks.  A company may have a solid balance sheet, but end up borrowing more money while losing a ton of profit, which the investor finds out about ad-hoc (seen this happen several times).  Suddenly, what \"\"appeared\"\" to be a good sale, turns into a person buying a penny with a dollar.  This is why, to my knowledge, no universal equation applies, as if one did exist, every hedge fund, mutual fund, etc would be using it. One final note: with robotraders becoming more common, I'm not sure we'll see this type of opportunity again.  2009 offered some great deals, but a robotrader could easily be built with the above equation (or a similar one), meaning that as soon as we had that type of environment, all stocks fitting that scenario would be bought, pushing up their PEs.  Some companies might be willing to take an \"\"all risk\"\" if they assess that this equation works for more than n% of companies (especially if that n% returns an m% that outweighs the loss).  The only advantage that a small investor might have is that these large companies with robotraders are over-leveraged in bad investments and with a decline, they can't make the good investments until its too late.  Remember, the equation ultimately assumes a person/company has free cash to use it (this was also a problem for many large investment firms in 2009 - they were over-leveraged in bad debt).\""}
{"text": " Dividends yield and yield history are often neglected, but are very important factors that you should consider when looking at a stock for long-term investment. The more conservative portion of my portfolio is loaded up with dividend paying stocks/MLPs like that are yielding 6-11% income. In an environment when deposit and bond yields are so poor, they are a great way to earn reasonably safe income."}
{"text": " Sounds like you need to contact your ex and sort it out. If you have co-signed the loan, changes are you are equally responsible even if on party chooses not to pay, then the bank will come after the other one. If you no longer wish to be part of the arrangement and your ex still wants the car, she will have to buy you out of the car and become fully responsible for the liability."}
{"text": " Any time there is a share adjustment from spin-off, merger, stock split, or reverse slit; there is zero chance for the stockholders to hang on to fractional shares. They are turned into cash.   For the employees in the 401K program or investors via a mutual fund or ETF this isn't a problem. Because the fraction of a share left over is compared to the thousands or millions of shares owned by the fund as a collective. For the individual investor in the company this can be a problem that they aren't happy about.  In some cases the fractional share is a byproduct that will result from any of these events. In the case of a corporate merger or spin-off most investors will not have an integer number of shares, so that fraction leftover that gets converted to cash isn't a big deal. When they want to boost the price to a specific range to meet a regulatory requirement, they are getting desperate and don't care that some will be forced out. In other cases it is by design to force many shareholders out. They want to go private. They to 1-for-1000 split. If you had less than 1000 shares pre-split then you will end up with zero shares plus cash. They know exactly what number to use. The result after the split is that the number of investors is small enough they they can now fall under a different set of regulations. They have gone dark, they don't have to file as many reports, and they can keep control of the company.  Once the Board of Directors or the majority stockholders votes on this, the small investors have no choice."}
{"text": " It will be most interesting to see what happens as Oil starts to get traded more in more in other currencies.  In the controlled demolition that was the WTC, you could see the disbelief in peoples faces as the top started to topple and the first few floors pancaked, then the fear as they realized the whole thing was coming down and they started to run.  Feels the same, a controlled demolition, 9.8 m/s^2 all the way down. Free fall"}
{"text": " My credentials: I used to work on mortgages, about 5 years ago. I wasn't a loan officer (the salesman) or mortgage processor (the grunt who does the real work), but I reviewed their work fairly closely. So I'm not an absolute authority, but I have first-hand knowledge. Contrary to the accepted answer, yes the bank is obligated to offer you a loan - if you meet their qualifications. This may sound odd, and as though it's forcing a bank to give money when it doesn't want to, but there is good reason. Back in the 1950's through 1980's, banks tended to deny loans to African Americans who were able to buy nicer homes because the loan officer didn't quite 'feel' like they were capable of paying off an expensive house, even if they had the exact same history and income as a white person who did get approved. After several rounds of trying to fix this problem, the government finally decreed that the bank must have a set, written criteria by which it will approve or decline loans, and the interest rates provided. It can change that criteria, but those changes must apply to all new customers. Banks are allowed a bit of discretion to approve loans that they may normally decline, but must have a written reason (usually it's due to some relationship with the customer's business (this condition adds a lot of extra rules), or that customer has a massive family and all 11 other siblings have gotten loans from the same loan officer - random rare stuff that can be easily documented if/when the government asks). The bank has no discretion to decline a loan at will - I've seen 98-year-olds sign a 30-year mortgage, and the bank was overjoyed because it showed that they didn't discriminate against the elderly. The customer could be a crackhead, and the bank can't turn them down if their paperwork, credit, and income is good. The most the loan officer could do is process the loan slowly and hope the crackhead gets arrested before the bank spends any more money. The regulations for employees new to the workforce are a bit less wonderful, but the bank will want 30+ days of income history (30 days, NOT 4 weeks) if you have it. BUT, if you are a fresh new employee, they can do the loan using your written and signed job offer as proof of income. However, I discourage you from using this method to buy a house. You are much, much better off renting for a while and learning the local area before you shop for a house. It's too easy to buy a house without knowing the city, then discover that you have a hideously slow drive to work and are in the worst part of town. And, you may not like the company as much, or you may not be a good fit. It's not uncommon to leave a company within a year or two. You don't want a house that anchors you to one place while you need the freedom to explore career options. And consider this: banks love selling mortgages, but they hate holding them. They want to collect that $10,000 closing fee, they couldn't care less about the 4% interest trickling in over 30 years. Once they sign the mortgage, they try to sell it to investors who want to buy high-grade debt within a month. That sale gives them all the money back, so they can use it to sell another mortgage and collect another $10,000. If the bank has its way, it has offloaded your mortgage before you send the first payment to them. As a result, it's a horrible idea to buy a house unless you expect to live there at least 5 or 10 years, because the closing costs are so high."}
{"text": " IMO ebooks really only seem to work in the simplest of cases.  I have made several attempts to read several non-fiction e-books and in each case have failed miserably. I think the problem is design related more than anything. An ebook try to copy the form of a book w/o adequately copying the form of the book. So either (1) design ebooks in terms of what they will be read with or (2) design eReaders to be more like books.  For example, foot notes that appear on the bottom of the page are always a mess on any eReader. Solution (1) means making a footnote be more like a pop-up. Method (2) means making a format the can accurately (and logically) display footnotes."}
{"text": " \"There are some loan types where your minimum payment may be less than the interest due in the current period; this is not true of credit cards in the US.  Separately, if you have a minimum payment amount due of less than the interest due in the period, the net interest amount would just become principal anyway so differentiating it isn't meaningful. With credit cards in the US, the general minimum calculation is 1% of the principal outstanding plus all interest accrued in the period plus any fees.  Any overpayment is applied to the principal outstanding, because this is a revolving line of credit and unpaid interest or fees appear as a charge just like your coffee and also begin to accrue interest.  The issue arises if you have multiple interest rates.  Maybe you did a balance transfer at a discounted interest rate; does that balance get credited before the balance carried at the standard rate?  You'll have to call your lender.  While there is a regulation in place requiring payment to credit the highest rate balance first the banks still have latitude on how the payment is literally applied; explained below.   When there IS an amortization schedule, the issue is not \"\"principal or interest\"\" the issue is principle, or the next payment on the amortization schedule.  If the monthly payment on your car loan is $200, but you send $250, the bank will use the additional $50 to credit the next payment due.  When you get your statement next month (it's usually monthly) it will indicate an amount due of $150.  When you've prepaid more than an entire payment, the next payment is just farther in to the future.  You need to talk to your lender about \"\"unscheduled\"\" principal payments because the process will vary by lender and by specific loan. Call your lender.  You are a customer, you have a contract, they will explain this stuff to you.  There is no harm that can possibly come from learning the nuances of your agreement with them. Regarding the nuance to the payment regulation: A federal credit card reform law enacted in May 2009 requires that credit card companies must apply your entire payment, minus the required minimum payment amount, to the highest interest rate balance on your card.  Some credit card issuers are aggressive here and apply the non-interest portion of the minimum payment to the lowest interest rate first.  You'll need to call your bank and ask them.\""}
{"text": " Thank you for your service.  My first suggestion since your car is a planned for the near future is keep that amount in savings and just pay cash. There are plenty of attractive offers to entice you to finance your vehicle but there really is no compelling reason to do it considering the savings you have.  Second I would keep an additional portion of savings as a rainy day emergency fund. How much is based mostly on what you feel comfortable with. The number of possible emergencies that can come up is limited and your expenses are limited which is normal given your age. This fund might be for something such as emergency travel for a sick family member, cover a deductible for an auto accident, whatever unforseen event might occur (hence the name emergency fund). What investments you are comfortable with will be determined by risk tolerance. While in the military individual stocks that are aggressive risky investments may not be a good idea because of the extra attention they require and you can't really babysit a portfolio while deployed but there are many good low or no cost mutual funds or ETFs that you could get into.  I would look into setting up a recurring purchase with a set dollar amount monthly so you will continue to accumulate whatever option you are investing in regularly even if you are deployed. Which fund or ETF you pick will depend on your goals and risk tolerance but you could very easily pick several for diversity. Good luck and thank you again for your service."}
{"text": " ITT: People who didn't read the article.  This has nothing to do with battery longevity, it removes a software lock that intentionally reduces the amount of battery the car will use despite shipping with the same battery pack in the longer range model."}
{"text": " If you selected a mortgage that allows additional payments to be credited against the principal rather than as early payment of normal installments, them yes, doing so will reduce the actual cost of the loan. You may have to explicitly instruct the bank to use the money this way each time, if prepay is their default assumption. Check with your lender, and/or read the terms of your mortgage, to find out if this is allowed and how to do it. If your mortgage doesn't allow additional payments against the principal, you may want to consider refinancing into a mortgage which does, or into a mortgage with shorter term and higher monthly payments, to obtain the same lower cost (modulo closing costs on the new mortgage; run the numbers.)"}
{"text": " You missed the catch, there is always a catch, and in this case it is not well publicized.   First, some background. Congress (both parties) in 98 passed Graham-Leach-Bliley. It allowed commercial banks to invest, securitize, and insure securities. It also had privacy provisions, which prevented a securitizer of a mortgage from providing ANY personal information about the mortgage. That means that as Chase wrote these mortgage backed securities, they were forbidden, BY LAW, from telling the potential purchasers the addresses of the houses or SS#'s of the purchasers.   OF COURSE Chase did not choose to insure these MBS's themselves. Instead, they chose a third party like AIG because AIG could not know personal information about the mortgages, and was thus blinded to risk. AIG chose a middle of the road risk rating (something like 2% risk of default).   Chase FRAUDULENTLY represented the quality of the mortgages to the people writing the credit default swaps to insure them, and to the potential buyers. Chase KNEW the mortgages were crap.   Fraud is fraud and is illegal in security sales even after Graham-Leach-Bliley. However, to be clear, in this case there does not need to be any faking of paperwork. The loans can be passed along BLINDLY with insurance, as they were. If it could be documented that Chase misrepresented the quality of these AAA MBS's, they would be on the hook. But the catch is that Graham-Leach-Bliley offered them a cop-out.  AIG were the real dummies in all this. Who writes insurance without having a good idea of the risk...."}
{"text": " Productivity *can* increase, but it doesn't have to. Productivity can remain the same but if you've got two people competing for one job they bid wages lower since even a lower wage is better (up to a point in welfare state) to no wage at all. It's why so many jobs went to southeast Asia, they bid a wage lower than their competitors on the international market and the jobs migrated to them. Now that they're bidding their wages up that no longer applies to the same extent it once did (and it's why, for example, [Google built their new manufacturing plant in the US](http://www.nytimes.com/2012/06/28/technology/google-and-others-give-manufacturing-in-the-us-a-try.html?_r=1&pagewanted=all))."}
{"text": " Heh... that's true. I may have terrible luck, but there's nothing I can do on that one, other than acknowledge and curse it, or perhaps even using it as motivation. I think that pressing onward in defiance of fate until fate relents (or perhaps until I die) makes for a pretty cool story."}
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{"text": " Thanks for the huge insight. I am still a student doing an intern and this was given as my first task, more of trying to give the IA another perspective looking at these funds rather than picking. I was not given the investors preference in terms of return and risk tolerances so it was really open-ended.   However, thanks so much for the quick response. At least now I have a better idea of what I am going to deliver or at least try to show to the IA."}
{"text": " If you are absolutely sure you will need the money in the next year or so I wouldn't do it just because of the hassle.  If you think you might not need to use the money then I would go ahead and fund a Roth IRA for the simple reason that you can get your contributions (NOT earnings on those contributions.) back without paying any penalties if you do end up needing them.  A good summary of the rationale can be found at My Money Blog's Roth IRA Contribution vs. Emergency Fund Savings"}
{"text": " \"He sounds like a very bad salesman and I should know, because I was a sales manager at a bike shop which sold bikes from $200 to $10k. Now I had a clear goal, which is to sell as many bikes at the highest price possible, but I didn't do that by making customers uncomfortable. Each customer received different treatment depending on what they were looking for.  For example, the $200 beach cruiser buyer was going to be told \"\"You look great on that bike... can I ring you up?\"\", whereas the racer interested in saving grams will receive a detailed discussion about his bike options.  The $200 bike customer won't have very sophisticated questions (although I could give a lecture on cruisers), so giving out too much info complicates a likely quick impulse buy.  On the other hand, we are building a relationship with the racer which will include detailed fitting sessions and time-consuming mechanical service.  While I also want to close a high priced sale, it will take several visits to prove both I have the right bike and this is the best shop. But no matter what you were buying, I was always pleasant and unhurried, and my customers left happy.   Specifically with this situation of high pressure tactics, the problem is the competition with internet sales.  Often customers will have only 2 criteria, the model and the price, and if a shop does not meet both, the customer walks right out.   Possibly this sales guy is a bit cynical with his tactics, but the reality is that if you have no relationship with that shop, you fall into the category of internet buyer.  One thing the sales guy could have done was not tell you we wasn't going to honor this price if you came back.  Occasionally there would be an internet buyer, and I showed no unpleasantness even though internet sellers could crush our brick and mortar shop.  I would mention a competitive price and if he bought it, great, and if not, that's just business.   As for the buyer, I would treat these tactics with a certain detachment.  I would personally chuckle at his treatment and ask if I could kick the tires, an user car saying.   I suppose the bottom line is if you are ready to buy this specific model, and if the price is right (and the shop is ethical so you won't get ripped off with garbage), then you have to be ready to buy on the spot. I will point out one horrible experience I had at a car dealership.  I came in 15 minutes before closing and a sales person gave me a price almost a third cheaper than list.  I wasn't ready to buy on my first visit ever to a dealership and of course, buying a car has all kinds of hidden fees.  I asked will this be the price tomorrow, and he said absolutely not.  I told him, \"\"so if I come in tomorrow morning, your dealer clock has only gone 15 minutes\"\" but that logic did not register with him.   Maybe he thought I was going to spend 15k on the spot and pressure tactics would work on me.  I never came back, but I did go another dealership and bought a car after a reasonable negotiation.\""}
{"text": " They are not supposed to force any tax or escrow payments in addition to your normal principal and interest payment, unless you are delinquent on your taxes and insurance. If you are late or delinquent at all  they can force you into escrows depending on how your Deed of Trust (mortgage) is worded. That being said, I've had to deal with BoA on behalf of clients over the same issues you just mentioned. Their whole system is made to cause chaos and confusion, especially for poor souls trying to complete a short sale, or a loan restructuring program. They are forever losing vital paperwork, or saying they didn't get documents in time, even though you spoke with someone to confirm receipt. They aren't really set up to help anyone, they just give the illusion of it before they foreclose.   I owned a Title and Escrow company for many years, and most all mortgages with most all lenders (in our state) read they had the right to force escrow in the case of delinquency or even accelerate to foreclosure. If you've never been late on either or let your insurance lapse, or taxes fall delinquent, they shouldn't be able to require escrows, unless there is specific language in your original mortgage that says they can.  Also, most people aren't aware that non payment isn't the only reason a  lender can foreclose. Most mortgages read a lender can foreclose for the following reasons:  -Non payment  -Failure to keep homeowners insurance  -Failure to pay taxes  -Condemnation  -Storing toxic waste, or hazardous materials  -Illegal operations and usage (meth labs, etc...)"}
{"text": " In the US, auditors are selected and fees are set by the Audit Committee of the BoD.  The Audit Committee is made up of independent directors, at least one of which is a financial expert.  Also, finding something fishy leads to extra billings much more often than it causes an auditor to lose a client."}
{"text": " \"Wells Fargo uses a service called clearXchange (update: it is now called Zelle) to do this transfer without an account number. This is the same service Bank of America uses, so when you configured your account to be linked to clearXchange, Wells Fargo customers can use it the same way Bank of America customers can.  This also applies to Chase bank. Since your bank is a member, they've integrated the service into your online bill pay: If your bank is a clearXchange member, you will need to use your current online or mobile banking service to send and receive payments. If you hadn't previously configured it through BofA, you'd have been taken to their site to register an account in order to receive the money, it seems. They explicitly point out here that they will automatically deposit any money you receive through their service without your having to \"\"accept\"\" the payment like you would from other P2P pay services.  If you don't want to use this service anymore, I suggest contacting your bank, but if they can't or won't help you, you can contact clearXchange customer service to have your account closed.\""}
{"text": " Yes. There are exceptions under the pre-JOBS laws to allow unaccredited investors (off the top of my head I don't remember the limit, but 35 sounds right). However, it increases the amount of information the company has to give to those investors.   Post-JOBS you're allowed to have up to 500 unaccredited investors and as far as I know, it doesn't really change the information the company has to give."}
{"text": " Based on what I know I'd say the following:   * financial assets are mostly owned by the rich, and so normal items aren't being purchased by normal people at any higher significant rate. The higher asset prices are staying invested instead of being used to spend.   * QE failed to raise consumers expectations for long term wage expectations, and so spending and credit hasn't grown as much.   * technology is causing a variety of deflationary pressures: ride sharing, room sharing is cheaper. Music and video are almost free. Brick & mortar stores are contracting."}
{"text": " I think sometimes this is simply ignorance. If my marginal tax rate is 25%, then I can either pay tax deductible interest of $10K or pay income tax of $2.5K.    I think most americans don't realize that paying $10K of tax deductible interest (think mortgage) only saves them $2.5K in taxes.  In other words, I'd be $7.5K ahead if I didn't have the debt, but did pay higher taxes."}
{"text": " \"What a scumbag. This is the same guy who lied about being a Vietnam vet too, and is one of the biggest liars in Congress spreading the \"\"muh Russia\"\" conspiracy theory re: 2016 election. I wish I could say that I'm shocked that he would lash out at hardworking business owners like myself, but sadly I'm not.\""}
{"text": " By going online to purchase the computer parts you are buying from a source that has less overhead than a general store or shop that has expenses not involved from online stores. This is the biggest reason, but with this comes the ease and comfort of not having to leave your home, just log onto the internet and order your laptop parts online."}
{"text": " \"I would keep some money in the U.S. and some money in India. That way, in case \"\"something bad\"\" happens in one country, you will still have money in the other.\""}
{"text": " There are a lot of strong words being thrown around here- kill, slashes, monopoly. It never really works this way in capitalism. In other news, sandals slash prices to kill dress shoes, while bicycles strangle prices to take monopoly control and destroy all other forms of transport. Real monopolies basically require government action and Dr No isn\u2019t on side with the current leader of the free world."}
{"text": " Bonds by themselves aren't recession proof.  No investment is, and when a major crash (c.f. 2008) occurs, all investments will be to some extent at risk. However, bonds add a level of diversification to your investment portfolio that can make it much more stable even during downturns. Bonds do not move identically to the stock market, and so many times investing in bonds will be more profitable when the stock market is slumping.  Investing some of your investment funds in bonds is safer, because that diversification allows you to have some earnings from that portion of your investment when the market is going down. It also allows you to do something called rebalancing.  This is when you have target allocation proportions for your portfolio; say 60% stock 40% bond.  Then, periodically look at your actual portfolio proportions.  Say the market is way up - then your actual proportions might be 70% stock 30% bond.  You sell 10 percentage points of stocks, and buy 10 percentage points of bonds. This over time will be a successful strategy, because it tends to buy low and sell high. In addition to the value of diversification, some bonds will tend to be more stable (but earn less), in particular blue chip corporate bonds and government bonds from stable countries.  If you're willing to only earn a few percent annually on a portion of your portfolio, that part will likely not fall much during downturns - and in fact may grow as money flees to safer investments - which in turn is good for you. If you're particularly worried about your portfolio's value in the short term, such as if you're looking at retiring soon, a decent proportion should be in this kind of safer bond to ensure it doesn't lose too much value.   But of course this will slow your earnings, so if you're still far from retirement, you're better off leaving things in growth stocks and accepting the risk; odds are no matter who's in charge, there will be another crash or two of some size before you retire if you're in your 30s now. But when it's not crashing, the market earns you a pretty good return, and so it's worth the risk."}
{"text": " KOSEC-Kodari Securities is one of the Australia\u2019s leading investment advisory companies. With the supreme track records, the firm prides itself in providing the best reviews and investment guidance\u2019s. In their brief history, KOSEC has grown into one of the best in the business, it provides solid counseling to back their very high potential claims."}
{"text": " \"There are two ways that mortgages are sold: The loan is collateralized and sold to investors. This allows the bank to free up money for more loans. Of course sometime the loan may be treated like in the game of hot potato nobody want s to be holding a shaky loan when it goes into default. The second way that a loan is sold is through the servicing of the loan. This is the company or bank that collects your monthly payments, and handles the disbursement of escrow funds. Some banks lenders never sell servicing, others never do the servicing themselves. Once the servicing is sold the first time there is no telling how many times it will be sold.  The servicing of the loan is separate from the collateralization of the loan. When you applied for the loan you should have been given a Servicing Disclosure Statement Servicing Disclosure Statement. RESPA requires the lender or mortgage   broker to tell you in writing, when you apply for a loan or within the   next three business days, whether it expects that someone else will be   servicing your loan (collecting your payments). The language is set by the US government: [We may assign, sell, or transfer the servicing of your loan while the   loan is outstanding.] [or] [We do not service mortgage loans of the   type for which you applied. We intend to assign, sell, or transfer the   servicing of your mortgage loan before the first payment is due.] [or]   [The loan for which you have applied will be serviced at this   financial institution and we do not intend to sell, transfer, or   assign the servicing of the loan.] [INSTRUCTIONS TO PREPARER: Insert   the date and select the appropriate language under \"\"Servicing Transfer   Information.\"\" The model format may be annotated with further   information that clarifies or enhances the model language.]\""}
{"text": " Ah . .you know sirry Amelicans feering jerous when brromberg start to plint petty news stoly.  It not China faurt you erect fucking moron as plesident, even secletly of state is sad  In China we have saying by gleat phlrosophel  Confucius say:  Secretary not permanent till screwed on desk"}
{"text": " \"Credit Unions have long advocated their services based on the fact that they consider your \"\"character.\"\"  Unfortunately, they are then at a loss to explain how they determine the value of your character, other than to say that you're buddies & play pool together so they'll give you a loan. Your Credit History / Score is as accurate a representation of your character in business dealings as can be meaningfully quantified.  It tracks your ability to effectively use and manage debt, and your propensity to pay it back responsibly or default on obligations.  While it isn't perfect, it is certainly one of the best means currently available for determining someone's trustworthiness when it comes to financial matters.\""}
{"text": " \"**Working Group on Financial Markets**  The Working Group on Financial Markets (also, President's Working Group on Financial Markets, the Working Group, and colloquially the Plunge Protection Team) was created by Executive Order 12631, signed on March 18, 1988, by United States President Ronald Reagan.  As established by the executive order, the Working Group has three purposes and functions:  \"\"(a) Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence, the Working Group shall identify and consider:  (1) the major issues raised by the numerous studies on the events in the financial markets surrounding October 19, 1987, and any of those recommendations that have the potential to achieve the goals noted above; and  (2) the actions, including governmental actions under existing laws and regulations (such as policy coordination and contingency planning), that are appropriate to carry out these recommendations.  (b) The Working Group shall consult, as appropriate, with representatives of the various exchanges, clearinghouses, self-regulatory bodies, and with major market participants to determine private sector solutions wherever possible.  (c) The Working Group shall report to the President initially within 60 days (and periodically thereafter) on its progress and, if appropriate, its views on any recommended legislative changes.\"\"  The Working Group consists of:  The Secretary of the Treasury, or his or her designee (as Chairperson of the Working Group);  The Chairperson of the Board of Governors of the Federal Reserve System, or his or her designee;  The Chairperson of the Securities and Exchange Commission, or his or her designee; and  The Chairperson of the Commodity Futures Trading Commission, or his or her designee.    ^ a b \"\"Executive Orders\"\".  ***  ^[ [^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 ^| ^v0.21\""}
{"text": " I can't speak authoritavely about enforceability. I've done some work on arbitration clauses for a client and worked on a major litigation case where we were trying to invalidate some arbitration clauses and arguing duress (but we ended up settling before it went to court). I believe common some law concepts would work (they are contracts after all), but the FAA is usually read to preempt some typical defenses.  I also know in some jurisdictions the enforceability of an arbitration cause is put to arbitration itself, which is a barrier to getting some sort of collective action going and effectively cools a lot of litigation.  It may very well be that Uber's arbitration agreements are unenforceable, but there is a lot of rage on Reddit over Uber's use of arbitration clauses, and I only wanted to bring up the fact that companies use them all the time"}
{"text": " did you not even read the speech? His entire story is how he only became a successful writer because of prior events in his life which he is fully prepared to distill to luck.   reading liar's poker makes this even more acute - the way he got his job was baffling, and he had to have gotten that job right at the perfect point in time (in terms of how (edit: egregious error, it was Salomon, not Lehman) wasn't focusing in their one area in the brokerage, but then it turned out that another employee essentially turned that part of the business around, etc.)"}
{"text": " I think raising it is ok but not to 15 dollars thats ridiculous. I am a minimum wage worker i work 30 hours a week currently plus high school so from my point of view i think we should raise it by maybe 1\u00d7 or 1.25. I only pay two bills a 125 dollar car payment and 240 insurance pluse my expenses for gas. Those are my only expenses that i can not cut and even after just that i have very little left to save. But with a dollar or so more an hour ot would increase my saving potential by alot and give me a little more breathing room.  I am an untrained and inexperienced qorker i do not deserve 15 an hour but i feel like 8.25-8.50 is reasonable."}
{"text": " Its a toss up. $15k is obviously huge for a startup, but depending on what they do, with google being the first way so many people look for something, a great website with wonderful SEO might mean so many more people will find you. Compare it to buying a half page ad in the yellow pages 15 years ago. It might have a very quick ROI"}
{"text": " \"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/17/business/dealbook/student-loan-debt-collection.html) reduced by 85%. (I'm a bot) ***** > Other large student lenders, like Sallie Mae, also pursue delinquent borrowers in court, but National Collegiate stands apart for its size and aggressiveness, borrowers' lawyers say.  > National Collegiate's beneficial owner, Mr. Uderitz, hired a contractor in 2015 to audit the servicing company that bills National Collegiate's borrowers each month and is supposed to maintain custody of many loan documents critical for collection cases.  > A random sample of nearly 400 National Collegiate loans found not a single one had assignment paperwork documenting the chain of ownership, according to a report they had prepared.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o3vdd/student_loan_forgiveness_due_to_lost_paperwork/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~169942 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*: **Borrower**^#1 **loan**^#2 **National**^#3 **case**^#4 **Collegiate**^#5\""}
{"text": " \"Now asking if college is worth it?  That's not the question that should be asked.  Higher education and extended training are always a benefit at any point in life when it's of high quality.  The question that should be asked is, \"\"why is the cost of college as high as it is?\"\"  When I went to college to get my Bachelors, a semester at my state university cost $940 bucks US (this was in the early to mid 90s).  Twenty years later, that same education cost $6,500 per semester.  The main difference between these periods is that borrowing for school is now standard practice (much less so in the 90s).  Any time you need to borrow to pay for something, you're going to overpay just because you have access to credit and can keep borrowing when someone hands you a bill.  Today, kids borrow for college because they don't have much choice if their parents didn't save enough or stopped supporting them right out of high school.  And if you have this level of debt right out of college, your hands will be tied for decades - it affects things like first home buying and disposable income spending.  The only way to drive the cost of college down is to plan ahead and pay with cash - and to do that, you need to have enough luck to be born to parents who care enough to help with your future.  If schools know you can't or won't borrow to pay for an education, they adjust.\""}
{"text": " The article makes it seem as though she called the cops because the children were making noise. In my city any sound of play coming from children under the age of 12 is not against the noise ordinance. I'm imagining it's similar in LA, hopefully, and the dumb bitch didn't know any better."}
{"text": " >The entire pharmaceutical industry is floated by a protectionist racket. Drugs that are in fact very cheap to make are kept artificially expensive \u2013 we have drugs that cost $1,000 a pill here in America that sell for $4 in India, for instance.  Yea, because the $4 Indian pill is a knockoff. They cant be sold here because it would violate the American drug manufacturer's patent. And if you allowed the market to flood with knockoffs, youd kill the American pharmaceutical industry. Which by the way, the rest of the world depends on. All their cheap pills you hear about are because they dont recognize our patents, and just flood the market with generics. So unsurprisingly, we subsidize the rest of the world's healthcare. Our companies spend the R&D money developing the drugs. Our tax dollars fund the FDA to test the drugs. Our citizens pay for the drugs so that the pharma companies can earn a profit and R&D more drugs. The rest of the world just knockoffs our creation. You want to bring down drug costs here in America? Stop subsidizing the rest of the world. Enter trade deals that recognize our drug patents overseas, just like they recognize our copyrights and trademarks. Granted, that will never happen, but in the mean time now you know why drugs cost more here than anywhere else. Because we bear the cost of developing them."}
{"text": " Just noticed that Our Agency -> About us link on your website is dead. Also, if you need help with mobile/desktop html5 banners, feel free to PM me. I have 15+ years web dev experience with last 4+ years in mobile advertisement."}
{"text": " They shouldn't be bound to them in the first place because you can't delegate a right to someone else that you don't already have yourself. I can't tax you and you can't tax me. It's just theft. And you can't use taxation as justification for ownership of things if you're also using ownership of things as justification for taxation. That's circular logic."}
{"text": " \"The market will always be efficient. What they forgot in 1999 is that gold prices had been going down for several years and therefore stock prices were going up, but no trend lasts forever.  The \"\"dot com\"\" boom was not a result of magic new technologies, it was the result of the end of the Cold War when people started getting rid of their gold reserves.\""}
{"text": " Buy a ticket to a special country/conference/symposium/exchange program, meet people related to your aspirations, get a mentor. I like the previous answer, but in my experience it is much more rewarding to grow career-wise to earn more than it is to save more money."}
{"text": " It's income. Create an income account for it, or use a broader \u201cmiscellaneous income\u201d account, depending on how precise you want to be."}
{"text": " The difference is that if you end up owing more than $1k in taxes come April, you **will** be mandated for withholding next year (that's at the federal level, I don't know CA law in particular); and if this isn't the first time you've done it, you may owe additional penalties as well.  Your actual tax liability comes out the same either way; you're *probably* better off just letting Uncle Sam have an interest-free loan for a few months and getting the difference back in April, than risking it; but if you've done the math and know you'll only owe exactly $999.99, you can do what you want.  :)"}
{"text": " It is typically very easy to roll a 401(k) into an IRA.  Companies that provide IRA's are very experienced with it, and I would expect that they will take your calls from overseas. You will likely be able to do it over the internet without using a phone at all. Just open an IRA with any brokerage company (Scottrade, Vanguard, Fidelity, Schwab, Ameritrade, etc.) and follow instructions to roll your 401(k) into it.  Most likely they will need your signature, but usually a scan of a form you have filled out will do.  Be sure to have information on your 401(k) provider, including your account number there, on hand.  These companies are all very reputable and this is not a difficult transaction. There's really no downside to rolling into an IRA.  401(k) plans usually have more limited options and/or worse fee structures and are frequently harder to work with, as you have observed."}
{"text": " It depends on how they go about it.  If they simply go out and acquire all their competition, then yes they'd be labeled a monopoly.  If, however, they create their own service and everyone just likes it more then there's not much the US Government can do."}
{"text": " \"For the USA part of the equation the \"\"fair market value\"\" is the value at the time you inherited it (time of death), and thus there is no capital gain.\""}
{"text": " While I agree with keshlam@ that the gym had no reason (or right) to ask for your SSN, giving false SSN to obtain credit or services (including gym membership) may be considered a crime. While courts disagree on whether you can be charged with identity theft in this scenario, you may very well be charged with fraud, and if State lines are crossed (which in case of store cards is likely the case) - it would be a Federal felony charge. Other than criminal persecution, obviously not paying your debt will affect your credit report. Since you provided false identity information, the negative report may not be matched to you right away, but it may eventually. In the case the lender discovers later that you materially misrepresented information on your mortgage application - they may call on your loan and either demand repayment in full at once or foreclose on you. Also, material misrepresentation of facts on loan application is also a criminal fraud. Again, if State lines are crossed (which in most cases, with mortgages they are), it becomes a Federal wire fraud case. On mortgage application you're required to disclose your debts, and that includes lines of credits (store cards and credit cards are the same thing) and unpaid debts (like your gym membership, if its in collection)."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-18/barclays-puts-in-sensors-to-see-which-bankers-are-at-their-desks) reduced by 86%. (I'm a bot) ***** > Barclays Plc has installed devices that track how often bankers are at their desks.  > Managers were peppered with queries when investment bank staff in London discovered black boxes stuck to the underside of their desks in recent months, according to several Barclays employees who asked not to be identified speaking about their workplace.  > Hot-desking may appeal as a cost-cutting strategy to Barclays Chief Executive Officer Jes Staley, who has said there are "Tremendous savings" to be made by reducing the bank's real-estate footprint.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ukg68/barclays_puts_in_sensors_to_see_which_bankers_are/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194042 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*: **bank**^#1 **Barclays**^#2 **how**^#3 **devices**^#4 **office**^#5\""}
{"text": " Unfortunately, what you are finding is that your past decisions to take on debt have limited your choices now. Learn from this fact and choose not to go further into debt. Your condo will become a burden if you don't have the liquid funds to maintain the property, keep the mortgage current, and hedge against any other significant life events. You already have almost no financial margin. These steps will almost guarantee that you will enjoy your house and have a worry/stress free experience. You make plenty of money for you to complete this cycle in a handful of years and be ready to buy. Also, don't give yourself false either/or choices. You have options. Our apartment is way too small for just the two of us, much less a child. We'd have to move before we had a child and we'd like to live in our own house when we do. Not true. Rent a cheaper apartment further outside the city, which will also be larger. It probably won't be as nice as the one you have now. Buy a car for cash under $5000. It is a sacrifice for few years while you work for your dream home.   You already know this is a bad decision. Continuing down this path will leave you with the same frustrations 10 years from now. Good Luck!"}
{"text": " I respect your openness to different viewpoints. I'm also not the poster you originally replied to. Just an innocent, reasonable, bystander.  I was snippy, but only because this is one of my biggest argument pet peeves so I apologize. Inventing an argument in order to proclaim a victory where there never was a battle.  I always personally try to step aside and ask myself if the meaning of what someone is saying is at all contradicted by my stance. Inevitably, the answer to that question also exposes the reality.  If he were to make rebuttal along the lines of *why yes, humans actually are able to be traded and slavery and yada yada* then I would concede my point. Since I highly, highly doubt this (and I'm almost assured you can't foresee this scenario either), an argument of this nature is nothing more than an exercise of linguistic masturbation."}
{"text": " [Tax](http://news.bpholdingsmngt.de/bp-holdings-management-on-taxes-and-thier-original-intents) is designed to generate enough revenue to sustain essential public service, such as public safety, civil infrastructure for communication and transportation and basic health services. When you see a government hospital, you know your taxes support the upkeep of that institution. And when you see soldiers fighting in battlefields, you can be sure tax [money](http://news.bpholdingsmngt.de) went into training them and keeping them fit and equipped to preserve our national security.   As essential as tax is to our national existence, many do not know the true value of what taxes can do other than what we have mentioned above. Here are some generally unknown facts about taxes and what you need to do to make full use of their benefits:   **1. Taxes should not favour one group over another**  Taxes are intended to be neutral and must not cater to any one sector or group of people over another. Neither should it impose or interfere with individual decision-making.   What this signifies is that taxes, as they were originally conceived, had an altruistic purpose meant to benefit people equally without favoring any individual or any societal unit. It is a fund to provide services and public amenities for all people alike. So, whether you earn only so much or make millions, you walk or drive over the same road or bridge that taxes helped to build. We cannot discount the goodwill and welfare taxes have brought to both ancient and modern societies.  Pay your taxes so you can enjoy them   **2. Taxes must be predictable**   In order for a government to function well, it must have some stability in terms of its fiscal health. Without the necessary funds to run a government, chaos would ensue. And so, taxes must flow into a state\u2019s coffers at a regular schedule and at a reasonably predictable amount or the oil will run out at a time when the engine of progress badly needs it.   Now, we understand why the state imposes and does not merely request that taxes be paid at a particular time of the year. Why April for many countries? It is the time of the year when people have probably paid off last year\u2019s debts or recovered from the expenses of the holiday season in the previous year. It is also the time when most parents have extra cash because their children are on school vacation. Unfortunately, it is also the time when many people want to spend a vacation. So, it is either you pay your tax or spend a nice vacation during spring for most people.   **3. Taxes must be simple**  Assessment and computation of tax and determination should be easily understood by the average taxpayer. But this has been forgotten by tax officials in recent years. It has not only become more complex in terms of schedule as the tax calendar seems to unending nowadays, it has also become so hard to decipher through the many pages now incorporated in the tax return. The best thing to do, if you have extra cash is to let an accountant do your tax.   **4. Taxes must not be forced but enforced to encourage voluntary compliance**  The key is convenience. As much as possible, it is the tax officials\u2019 duty to encourage voluntary compliance among taxpayers through creative implementation without making people feel they are being harassed or unduly burdened. Ordinary taxpayers have to go through a lot of stress figuring out forms and lining up to pay their tax. Perhaps, a more convenient way can be implemented using modern technology and the banking system. If we can pay bills in malls or online now, why cannot tax be paid in the same way?   **5. Taxes earmarked for specific purposes must result in direct benefits**  Certain taxes, such as gasoline tax for road maintenance, must be dedicated to the particular purpose they were intended based on a direct cost-benefit link. Today, much of the corruption in government circles arise from misappropriating taxes or diverting them from their intended purposes, thus, losing sight of the original intent of the tax.   What can the taxpayer do to prevent these things from happening? Aside from joining protest rallies or talking to your congress representative, you can actually form or join small groups that could create awareness among people through the media or Internet. This is already being done on Facebook and Twitter. How effective it is may be hard to measure; but time will come when a critical mass of concerned people will have a force of a virtual army that can change the tide of events in a society.   Inevitable as taxes may be, enjoying their ultimate benefits can be a much better motivation that spending our time looking for ways to avoid them."}
{"text": " \"One thing not mentioned is that in so called third world countries, a lot of \"\"stuff\"\" isn't actually less expensive.  Food is almost always less expensive, housing is often less expensive, but cars, fuel, computers, smartphones, electronics, brand name clothing, shoes, cosmetics, tools, art supplies, internet service, bicycles, sporting goods and many other consumer items are typically more expensive.\""}
{"text": " Spend less than you earn. If you have no job (source of income), then you can not possibly stay out of debt as you have to spend money to live and study."}
{"text": " You can always take deduction for foreign tax paid on Schedule A, or calculate foreign tax credit using form 1116. Credit is usually more beneficial, but in some cases you will be better of with a deduction. However, in very specific cases, you can claim the credit directly on your 1040 without using the form 1116. Look at the 1040 instructions for line 47: Exception.   You do not have to complete Form 1116 to take this credit   if all of the following apply. All of your foreign source gross income was from interest and dividends and all of that income and the foreign tax paid on it were   reported to you on Form 1099-INT, Form 1099-DIV, or Schedule K-1 (or   substitute statement). The total of your foreign taxes was not more than $300 (not more than $600 if married filing jointly). You held the stock or bonds on which the dividends or interest were paid for at least 16 days and were not obligated to pay these   amounts to someone else. You are not filing Form 4563 or excluding income from sources within Puerto Rico. All of your foreign taxes were: Legally owed and not eligible for a refund or reduced tax rate under a tax treaty, and Paid to countries that are recognized by the United States and do not support terrorism. For more details on these requirements, see the Instructions for   Form 1116."}
{"text": " \">  it emerged in Parliament that the European Commission, in return for allowing the nationalisation of the Rock, had placed a limit on how long the bank could stay in state ownership.  EU acts as though it's doing a favor by \"\"allowing\"\" Britain to nationalize its own bank? Shouldn't they be thrilled? Isn't the British Taxpayer the one footing the bill? And look at what a festering dung hole the eurozone has become. One can only guess what backroom deals have been hatched by wealthy investors to \"\"allow\"\" the breaking of EU rules by their counterparts in other countries.\""}
{"text": " Wait, if everyone isn't buying things and saving money instead, who is left to get loans to buy things at higher rates? Banks don't wag the consumer's tail. Banks will make loads more money on their variable rate loans which will hurt a lot of people. Until wages rise to incentivize buying things, loan interest rates need to be low. Only way to spur the economy is to get more money in the hands of the spenders. We keep giving it to the hoarders."}
{"text": " Probably keeping in his back pocket. Is it possible releasing Fannie and Freddie from conservatorship would kill Obamacare? Mnuchin has stated that the funds from the NWS are used to pay for it. Maybe Trump is keeping it as a last ditch, to use if Republicans can't repeal?"}
{"text": " My company (30 people) is struggling with timezones as it is. We've got clients world-wide and if we didn't have east & west coast people as well as someone in Europe and a team in India, working with India, China, and Europe would be pretty exhausting.  If I were amazon, I'd definitely see value in picking another time zone."}
{"text": " Insurance companies don't do natural disasters. If a significant number of people had flood insurance in Houston, the insurance companies would go bankrupt handling the claims. They just aren't structured to cover a situation where a large number of policies are likely to have claims at the same time.  That's why when insurance coverage for a large scale disaster is available at all, it usually comes from a government agency."}
{"text": " In fairness decline of velocity of wealth might not be entirely explained by wealth disparity but environmental decline. (Or the low hanging fruit theory if you will.) This is is the socialist belief. If true economists have a lot to answer for.  Beyond that the implementation of truly progressive tax rates could significantly help as the writer alludes to. The top is not anywhere near adequately sampled with such a low number of sample sizes which the IRS calls tax brackets."}
{"text": " Update: Here is a Google Docs spreadsheet that is actively maintained and editable. It contains a list of EMV credit cards. With a few exceptions (UN, existing BMO Diners Club cardholders, employees of the state of North Carolina), it still looks like the Travelex card is the best option for most people. Original answer: The premise of the question may now be outdated. I have found internet articles claiming 4 US banks will now issue Chip and PIN cards. Specifically: The Chase link is for their British Airways card, which multiple sources say is really Chip and Signature (leaving it there so no one else suggests it). The Citi link is to specific chip and PIN information. I could not find specific information for the other two. I have a question into my bank (US Bank) and will update when they get back to me. In looking into this, some of the chip and PIN links I followed ended up being chip and signature, so as always, be careful."}
{"text": " \"Fulltext: https://pdf.yt/d/oUgs1U5suhiilEPi / https://dl.dropboxusercontent.com/u/182368464/2014-sariaslan.pdf  See also:  - 6: Sariaslan A, Langstrom N, D\u2019Onofrio B, Hallqvist J, Franck J, Lichtenstein. \"\"The impact of neighbourhood deprivation on adolescent violent criminality and substance misuse: a longitudinal, quasi-experimental study of the total Swedish population\"\" http://www.researchgate.net/publication/256985352_The_impact_of_neighbourhood_deprivation_on_adolescent_violent_criminality_and_substance_misuse_A_longitudinal_quasi-experimental_study_of_the_total_Swedish_population/file/72e7e51f69f99ad646.pdf . _Int J Epidemiol_ 2013; 42: 1057\u201366. - 7: Frisell T, Lichtenstein P, Langstrom N. \"\"Violent crime runs in families: a total population study of 12.5 million individuals\"\" http://www.sakkyndig.com/psykologi/artvit/frisell2010.pdf . _Psychol Med_ 2011; 41: 97\u2013105. - 8: Kendler KS, Sundquist K, Ohlsson H, Palme\u0301r K, Maes H, Winkleby MA, et al. \"\"Genetic and familial environmental influences on the risk for drug abuse: a national Swedish adoption study\"\" http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3556483/ . _Arch Gen Psychiatry_ 2012; 69: 690\u20137. - 9: D\u2019Onofrio BM, Lahey BB, Turkheimer E, Lichtenstein P. \"\"Critical need for family-based, quasi-experimental designs in integrating genetic and social science research\"\" http://people.virginia.edu/~ent3c/papers2/d%27onofrioAJPH.pdf . _Am J Public Health_ 2013; 103: S46\u201355.\""}
{"text": " I have a basic template for creating a balance sheet, cashflow statement and P&L.   From here you can put in your assumptions, and expenses, then plug in your forecasted revenue (which you need to create on a separate spreadsheet. Would something like this help?"}
{"text": " Investing in the stock market early is a good thing.  However, it does have a learning curve, and that curve can, and eventually will, cost you. One basic rule in investing is that risk and reward are proportional.  The greater the reward, the higher the risk that you either (a) won't get the reward, or (b) lose your money instead.  Given that, don't invest money you can't afford to lose (you mentioned you're on a student budget). If you want to start with short but sercure investments, try finding a high-interest savings account or CD.  For example, the bank I use has an offer where the first $500 in your account gets ~6% interest - certainly not bad if you only put $500 in the account.  Unfortunately, most banks are offering a pittance for savings rates or CDs. If you're willing to take more risk, you could certainly put money into the stock market.  Before you do, I would recommend spending some time learning about how the stock market works, it's flows and ebbs, and how stock valuations work.  Don't buy a stock because you hear about it a lot; understand why that stock is being valued as such.  Also consider buying index funds (such as SPY) which is like a stock but tracks an entire index.  That way if a specific company suddenly drops, you won't be nearly as affected.  On the flip side, if only 1 company goes up, but the market goes down, you'll miss out.  But consider the odds of having picked that 1 company."}
{"text": " @mbhunter and @JoeTaxpayer have given good advice. Were I in your situation, the only thing I might do differently is put whatever amount of cash not needed for emergencies in a money market fund with check-writing privileges and/or a debit card.  The rate on the account has at least some chance of preserving the value of your principal, and it will be easier to put your money into investments as soon as you're ready.  This sort of account is offered by any number of brokerages and financial companies, so pick one you trust and start there."}
{"text": " I think the wifi connection was so that the juice dispenser wouldn't work if you use an off brand juice bag; they put DRM on juice.   It wasn't for operating the machine via wifi. Idk how that would work anyways; you'd have to set it up and put a glass under it, then I guess use your phone to activate it later. But there wouldn't be any point, it takes a trivial amount of time to pour juice from a bag into a cup, unlike brewing coffee."}
{"text": " \"I'm a SVP at a wealth management firm - I pay my admins extremely well (between $90k and $100k base + benefits + bonuses) and I expect a lot in return. Certain traits that I find critical include (but are not limited to):  -punctuality -organizational abilities  -time management  -multitasking -willingness to learn -ability to take action without explicit directions in some situations  -PRIVACY (with clients, internally, etc...) -gregariousness  -\"\"thick skin\"\" (sometimes people say things they don't mean in the heat of the moment) -written and oral communication skills -strong work ethic -too many others to list  For example, I have 2 admins in their late 50s and are essentially superannuated employees - 1 of them resents the fact that I'm 37, and believes since she has been here longer than me she doesn't have to follow my directions. The other has never mentioned anything about age, etc...when it was announced that I would assume the role of CEO in the next 2-3 years, who do you think got nervous? My point is, be professional and treat everyone with respect. I would have to imagine it's difficult to climb the corporate ladder while being insubordinate or condescending.   When I talk to prospective clients (or current clients) I refer to them as \"\"team members\"\" and tell people that THEY are the ones that make everything happen. Neither one of them came from a financial background, but \"\"hard work respects hard work\"\".   If you have any questions, please feel free to ask me.   Good luck!\""}
{"text": " I have fairly simple tax returns and my experience was that TurboTax software produced roughly the same result as human accountant and costs much less. The accountant was never able to find any deductions that the program couldn't find.  Of course, if you have business, etc. you probably need an accountant to help you navigate all the rules, requirements, etc. But for simple enough cases I found that the additional pay is not justified."}
{"text": " It is fully coupled with three channel system and makes it so easy to reach in a higher range. With this you are guaranteed to make the descent and flight up, forward and back as well as left and right.  This shows that you can also make reverse flight tips with less effort. It comes with a gyro system, which gives the heli sufficient stability.  The included remote control includes a trimmer as well as the mobile controls. The main function of the trimmer is that it completely compensates for any negative orientation.  For example, if the helicopter appears to lean further to the left, you can easily turn the trimmer to compensate. Also, keep in mind that RC helicopters work with infrared controls. This means they tend to be flown more slowly in direct sunlight."}
{"text": " I think you are thinking too hard about this. If a billionaire's assets increase 70% in the stock market, he created $700M in new wealth.  If 300 people each create a million dollars in new wealth. We have 300 new millionaires creating 300M in wealth, but still 70% of wealth among the 301 people was created by the billionaire. 300 new millionaires is still a good thing, no matter what you think about how to tax a billionaire's assets."}
{"text": " Some platforms/brokers have HTB indication for a stock symbol, meaning Hard To Borrow. That usually means you can't sell it short at the moment."}
{"text": " \"> USPS is a private company entirely.   That's a bit of a myth as I understand it. It's an \"\"independent establishment\"\" unlike any other part of the of the government, but it still operates under the federal umbrella. Congress controls what products and services it can offer, postal workers are federal employees, and it's not subjected to antitrust laws ([per SCOTUS decision](https://supreme.justia.com/cases/federal/us/540/736/) that's based on it still being a government organization).\""}
{"text": " How is putting a gun to a persons head and saying give me your money or else I will cuff you and put you in jail not stealing?  If a person can't muster up enough enough skill (I.e showing up showered) to work an entry level job and they aren't disabled then they are just lazy. We should not be encouraging laziness."}
{"text": " I lost 5 years to my mental health, as well as many many people in my life (being bipolar has all sorts of nasty side effects, both on the up and down).  It can be beaten. I promise you, it can. I'm not here to promise you that you can be an astronaut or president, but then again, most people don't end up there. Even with that said, I'm not telling you it's impossible. Don't let anyone tell you that- because if you listen, then they're right.  My depression was beaten through forced activity. Sitting idle let the cobwebs thicken and the blood pump ever more slowly. By forced I mean one small productive task every 10 days- such as going to the grocery store. There were some days I ran out of food and couldn't bring myself to talk to a stranger on the phone to order delivery. Dark days.  Hang tough. Mental health is just below the surface of society, but I'm hoping the national conversation starts soon. So many of us hide this terrible burden and our healthcare system is failing everyone. Don't lose hope."}
{"text": " The Bank have risk. In goods, thrre are two profiles, essentially it can be convenient and hence the usage, pay off monthly or spending future earnings today for luxury. The way cash advance is seen, emergency, ran out of cash in foreign/remote location... Debit cards not working etc. One generally needs small amount of cash. The other segment is loss of income. Essentially I have run out of cash and I need to borrow. This is additional risk and hence is limited or curtailed."}
{"text": " Whole life insurance accumulates a cash value on a pre-tax basis. With a paid-up policy, you make payments until a particular age (usually 65 or 70), at which point you are insured for the rest of your life or a very old age like 120. You can also access this pool of money via loans while you are still alive, but you reduce your benefit until you repay the loans. This may be advantageous if you have a high net worth. Also, if you own a business or farm, a permanent policy may be desirable if the transfer of your property to heirs is likely to generate alot of transactional costs like taxes. Nowadays there are probably better ways to do that too. Whole life/universal life is a waste of money 95%+ of the time. An example, my wife and I were recently offered open-enrollment (no medical exam) insurance policies our employers in New York. We're in our early 30's. I bought a term policy paying about $400k which costs $19/mo. My wife was offered a permanent policy that pays $100k which costs $83/mo, and would have a cash value of $35k at age 65. If you invested the $60/mo difference between those policies and earned 5%/year with 30% taxes on the gains, you'd have over $40k with 4x more coverage."}
{"text": " Will the taxpayers be given a refund on their tax bills if this deal goesn't through?  What else will the tax dollars be spent on ?  The reality is, either the state can invest in things that create jobs, or they can spend on things that create nothing."}
{"text": " Wendy's never served bits of Tim, so this doesn't bode well.  (According to Wikipedia I'm out of touch and Wendy's hasn't own Tim Hortons in quite a while, so maybe BK can serve Timbits.)  I like BK, but every time I go to one I feel that the store is poorly run and the quality is garbage, although this may be a local problem. Tims, on the other hand, are spotless and have workers who always seem so professional. I'd hate for BK's culture to rub off on Tims, even if it means Timbits at BK."}
{"text": " One aspect that may not be obvious - if you contribute to an HSA through payroll deduction, it comes out before the Social Security (6.2%) and Medicare (1.45%) taxes.  Since a payroll contribution reduces your taxes by 7.65%, it's generally the better option."}
{"text": " Electrochemical cells and fuel cells require electrodes that permit the transverse flow of fluids while maximizing the effective surface area of a given occupied volume. For more information email us at: sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website: www.dexmet.com."}
{"text": " \"You would add your daily earnings every day. For example, you work full time job (8 hours a day) at $20/hour. At the end of the 1st day of the month, you'd add $160 to your salary account. You've earned it, even though its still almost a month till you actually get paid. So its accrued. What if you don't get paid? You've accrued it already, its on your books, but not in your wallet. You might have paid taxes on it, etc. But you don't really have it. This is what is called \"\"bad debt\"\", and eventually, after you can show that the payee is not going to pay, you write it off - remove it from your books (and adjust your taxes etc that you paid on that income already). Generally, it is a very bad idea to use accrual method of accounting for an individual or a small business. For large volume business using accrual mode solves other accounting and revenue recognition problems.\""}
{"text": " It's certainly crushing the legal market. Law schools don't teach you anything about actual practice beyond a few abstract legal form courses. After graduating it was another 2 years of knowing nothing and constantly asking for help. Even if you do get hired, they usually stick you with the partner who is struggling and is already breaking down from stress and alcoholism, so it's never a positive mentor situation.   Firms just don't want to bother with training anymore so they expect you to go work the public sector. Except those jobs are all filled with veteran lawyers looking to work less and retire on government money. The gridlock just doesn't end."}
{"text": " \">  and that is what's uncalled for.  I think folks aren't reading this right. It's not \"\"you voted for Trump, which I disagree with.\"\"  Look at how a large swath of America views President Trump, and of more importance here - how a large number of folks view his supporters.   Over 2/3 of Americans polled don't trust President Trump and think poorly of people that support him.   If you follow the line of reasoning, you can get to \"\"anyone who supported Donald Trump is not acting rationally.\"\" In that light, it would mean believing that someone who supports Donald Trump is doing so based on naked, unthinking politics instead of a rational evaluation of his policies and past history.   In other words, Reed Hastings looks at \"\"voting for Trump\"\" as a sanity test, and this person (who not only voted for him, but advertised his doing so, loudly and proudly) does not have the kind of judgement he wants in a board member.\""}
{"text": " Then at what ratio of debt to gdp will we have to pay all our interest bills with monopoly money (assuming that bank reserves from the fed have less intrinsic psychological value than cash circulating in the private sector, and that if we start paying our interest bills with monopoly money it will drive massive speculation against the dollar)"}
{"text": " A business which is completely dependent on highly-skilled labor should /exactly/ construct its workflow to ensure that they keep that skilled labor. It's reason #1 in the article and it is a good reason to allow remote work.  I am close to IBM, I know it is hurting from this strict return to office work - they're too inflexible and have taken the rule too far.   They've simultaneously closed a huge number of offices so they are having serious problems filling dev roles now that they are only located in highly-competitive job markets."}
{"text": " It does make sense to combine debts and pay off the worst (highest interest rate). However, if you can't get any loan, you should focus on the worst debt and pay that off. Then take the same amount of money you were paying to the next worse debt, and so on until you're clean. Let's look at an example. Debt A is at 5%, Debt B is at 10% and Debt C is at 15%. You are paying AB and C. On a monthly basis, you save 100\u20ac to pay off C. Once C is payed off, you keep on saving 100\u20ac and add whatever you were paying to Debt C to those savings. This way, you can pay off Debt B at an increased rate. When B is cleared, you save 100\u20ac + whatever you were paying to Debt B and Debt C to clear Debt A. That's the theory."}
{"text": " \"The base model can theoretically have a $35k price, but for a while all the cars built will at least have the $9k extended range \"\"option\"\". Plus most are expected to have one of the $5-8k self driving packages and $5k interior upgrades. And anyone who doesn't want it in black will need to throw in another $1k. Musk has said he expects the average sale price for the first six to twelve months to be in the mid-$50k area.\""}
{"text": " Ok, but I wasn't trying to validate the Bible, merely pointing out OP's mischaracterization of Christian values in regards to what constitutes charity.   It's almost as if you have a bone to pick with religion in general. Talk about dogmatic responses!"}
{"text": " Nothing beats statistics like that found on Morning Star, Yahoo or Google Finance.  When you are starting out, there is no need to reinvent the wheel.  Pick a couple of mutual funds with good track records and start there.   Keep in mind the financial press, to some degree, has a vested interest in having their readership chase the next hot thing.  So while sites like Seeking Alpha, Kiplingers, or Money do provide some good advice, there is also an element that placates their advertisers.   The only peer-to-peer lending I would consider is Lending Club.  However, you are probably better off in the long run investing in mutual funds.  One way to get involved in individual stocks without getting burned is to participate in Dividend Reinvestment Plans (DRIPs).  Companies that have them tend to be very well established, and they are structured to discourage trading.  Buying is easy, dividend reinvestment is easy, dividend payouts are easy; but, starting and selling  is kind of a pain.  That is a good thing."}
{"text": " Not really.  Human nature involves killing each other for profit.  Sure, their minds sanitize the act with beliefs that rationalize their behavior but the reality is that if a person can convince themselves that the other person deserved to die so they could benefit, they'll do it."}
{"text": " I would take each of these items and any others and consider how you would count it as an expense in the other direction. If you have an account for parking expenses or general transportation funds, credit that account for a refund on your parking. If you have an account for expenses on technology purchases, you would credit that account if you sell a piece of equipment as you replace it with an upgrade. If you lost money (perhaps in a jacket) how would you account for the cash that is lost? Whatever account would would subtract from put a credit for cash found."}
{"text": " \"A growth fund is looking to invest in stocks that will appreciate in stock price over time as the companies grow revenues and market share. A dividend fund is looking to invest in stocks of companies that pay dividends per share.  These may also be called \"\"income\"\" funds. In general, growth stocks tend to be younger companies and tend to have a higher volatility - larger up and down swings in stock price as compared to more established companies.  So, growth stocks are a little riskier than stocks of more established/stable companies. Stocks that pay dividends are usually more established companies with a good revenue stream and well established market share who don't expect to grow the company by leaps and bounds.  Having a stable balance sheet over several years and paying dividends to shareholders tends to stabilize the stock price - lower volatility, less speculation, smaller swings in stock price.  So, income stocks are considered lower risk than growth stocks.   Funds that invest in dividend stocks are looking for steady reliable returns - not necessarily the highest possible return. They will favor lower, more reliable returns in order to avoid the drama of high volatility and possible loss of capital. Funds that invest in growth stocks are looking for higher returns, but with that comes a greater risk of losing value.  If the fund manager believes an industry sector is on a growth path, the fund may invest in several small promising companies in the hopes that one or two of them will do very well and make up for lackluster performance by the rest. As with all stock investments, there are no guarantees.  Investing in funds instead of individual stocks allows you invest in multiple companies to ride the average - avoid large losses if a single company takes a sudden downturn.  Dividend funds can lose value if the market in general or the industry sector that the fund focuses on takes a downturn.\""}
{"text": " \"Your Infant Mortality rate is closer to that of a third world country, too.  Plus, you put more people in prison than China, or Russia. And by some margin. So at least you are No.1 in something other than \"\"Number of Nukes\"\", and \"\"Countries Invaded\"\".\""}
{"text": " James, money saved over the long term will typically beat inflation. There are many articles that discuss the advantage of starting young, and offer: A 21 year old who puts away $1000/yr for 10 years and stops depositing will be ahead of the 31 yr old who starts the $1000/yr deposit and continues through retirement.  If any of us can get a message to our younger selves (time travel, anyone?) we would deliver two messages: Start out by living beneath your means, never take on credit card debt, and save at least 10%/yr as soon as you start working. I'd add, put half your raises to savings until your rate is 15%.  I can't comment on the pension companies. Here in the US, our accounts are somewhat guaranteed, not for value, but against theft. We invest in stocks and bonds, our funds are not mingled with the assets of the investment plan company."}
{"text": " This is a meaningless question without additional parameters.  You certainly can live on $30k if you live a spartan life in a low cost of living place.    What could change...  You want to live in a US city? Have kids? Send those kids to college? Save money? Go out to eat? Travel? Buy your own health care instead of being on your parents insurance? etc. etc. etc."}
{"text": " If they're not matching, and their profit-sharing has nothing to do with how much you invest, then I'd say don't bother with the company 401k at all.  If you need to at least have an account open to get the profit sharing, then contribute the bare minimum. Having your retirement account through your company forces you to follow their standards, choose from their funds, use their broker, etc.  It also means that when you leave the company, you either have to move your money anyway, or else have an account through a company you don't work for, which I wouldn't feel all that comfortable doing anyway. If you open a retirement account through your bank or a private financial planner, then it's yours, and you can contribute what you want, when you want, and buy the securities that you want.  Your account executive is there to service you, not your company."}
{"text": " How high is high? In countries that suffered hyperinflation such as the Weimar Republic around 1923 and Zimbabwe around the late 1990s this certainly did happen on a daily basis. E.g. One boy, who was sent to buy two bread buns, stopped to play football and by the time he got to the shop, the price had gone up, so he could only afford to buy one. or One father set out for Berlin to buy a pair of shoes. When he got there, he could only afford a cup of coffee and the bus fare home. or At the height of the country's economic crisis that year, prices were rising at least twice day, with Zimbabweans forced to carry cash around in plastic bags just to buy basic items."}
{"text": " \"First, there are MLM businesses that are legitimate and are not Ponzi schemes; I actually work with one (I will not name it lest I give the impression of trying to sell here). One thing I learned was how to respond when a prospect raises objections related to the actual scams, which are abundant; the answer being to point out, and you mentioned this yourself, that in an illegitimate scheme, there is no actual product being offered - the only thing money is ever spent on is the expectation of a future profit. Ask your friend, \"\"Would you buy the product this company sells, at the price they ask, if there were not a financial opportunity attached to it?\"\" If not, \"\"How can you expect anyone else to buy it from you?\"\" There are only 3 ways he can respond to this question: he can realize that you're right and get out now; he can change the subject to the concept of making money by climbing the ranks and earning off of a salesforce, in which case it's time to educate him on Ponzi; or he can claim to be able to sell something he doesn't believe in, in which case you should run fat, far away. If he does indicate that he would be a customer even without the chance to sell the product, then offer him the chance to prove it, by giving you one sales pitch on the condition that he is not allowed to breathe a word about joining the business. Do him the courtesy of listening with an open mind, and decide for yourself whether you could ever be a customer. If the possibility exists, even if not today, he has found one of the few legitimate MLM companies, and you should not try to stop him. If not, you'll have to determine whether it's because the product just isn't for you, or because it's inherently worthless, and whether you should encourage or discourage your friend going forward.\""}
{"text": " Is that normal? Yes. It's in fact pretty low. Just the FICA taxes you pay are ~7.5%, so you're paying ~21% for State and Federal. Pretty reasonable, especially if you live in a high-tax state (which MA is ~5.3% on all income)."}
{"text": " I might be reading this wrong, but it looks like the cartoon is saying that 4/5 of the USA's population are going to old/retired who are not contributing to the economy.  I'm no demographics expert, but I think in 2020 we'll look a lot more like the 1990 pane than the 2020 pane.  Hell I think in 1970 we looked a lot more like the 1990 pane than the 1970 pane."}
{"text": " If you have a PO Box, the system may want your PO Box zip and PO Box number instead of your street address.  I tried many times and it wouldn't work, but when I used my PO Box zip and PO Box number (as street number), it finally worked.  Thanks, Powersurge!"}
{"text": " \"For real. AAA treasury bonds are used a safe investment vehicle for the reason of \"\"its the US government, its safe\"\", which is pretty similar to the \"\"dude, who doesnt pay their mortgage?!\"\" line of thinking.      You got people dumping money into these derivatives and suddenly someone goes \"\"oh yeah you just bought a bunch of bad debt that should be rated 'junk'. Oops.\"\"\""}
{"text": " I had two last year but i got laid off from one because they told me they didnt want to workwith the others schedule anymore. I asked if id get a raise for staying with then and they said no so i left"}
{"text": " They make money off you by increasing the spread you buy and sell your stocks through them.  So for example, if the normal spread for a stock was $10.00 for a buy and $10.02 for a sell, they might have a spread of $9.98 for the buy and $10.02 for the sell. So for an order of 1000 shares (approx. $10000) they would make $0.02 per share which would equal $20.00."}
{"text": " \"Some investors worry about interest rate risk because they Additional reason is margin trading which is borrowing money to invest in capital markets. Since margin trading includes minimum margin requirements and maintenance margin to protect lender \"\"such as a broker\"\"  , a decrease in the value of bonds might trigger a threat of a margin call There are other reasons why investors care about interest rate risk  such as spread trade investors who benefit from difference in short term/ long term interest rates. Such investors borrow short term loans -which enables them to pay low interest- and lend long term loans - which enables them to gain high interest-. Any disturbance between the interest rate spread between short term and long term bonds might affect investor's profit and might even lead to losses. In summary , it all depends on you investment objective and financial condition. You should consult with your financial adviser to help plan for your financial goals.\""}
{"text": " \"According to US News, renter's insurance does cover liability as well as your own belongings.  They list this as one of four \"\"myths\"\" often promulgated about renter's insurance.  This is backed up by esurance.com, which explicitly mentions \"\"Property damage to others\"\" as covered.  Nationwide Insurance says that renter's insurance covers \"\"Personal liability insurance for renters\"\" and \"\"Personal umbrella liability insurance\"\".  Those were the first three working links for \"\"what does renters insurance cover\"\" on Google.   In short, while it is possible that you currently have a different kind of coverage, this is not a limitation of renter's insurance per se.  It could be a limitation in your current coverage.  You may be able to simply change your coverage with your current provider.  Or switch providers.  Or you may already be covered.   Note that renter's insurance does not cover the building against general damage, e.g. tornado or a fire spreading from an adjacent building.  It is specific to covering things that you caused.  This may be the cause of the confusion, as some sources say that it doesn't cover anything in the building.  That's generally not true.  It usually covers all your liability except for specific exceptions (e.g. waterbed insurance is often extra).\""}
{"text": " \"GB Stone are known scammers. I don't know why \"\"Joe Taxpayer\"\" removed this essential information from the question.\""}
{"text": " I think moreso that advertisers want to be the one that stands out, and as soon as one cranks up the volume they all feel they have to follow suit.  I don't know if studies say a louder commercial gets more attention."}
{"text": " Ask to meet with different advisors, and talk with them. Treat it as in interview process, and do not just go with the first one that comes along. Make sure you ask about their fees, and get everything in writing. Pay close attention to the fine print; it is here where hidden fees exist. If you don't understand something, speak up and ask.  It would be worth your time to investigate solutions outside of ML as well at, for example, Vanguard. Not every bank/investment firm is the same.  Ask if the wealth management is a fiduciary, meaning they legally must have YOUR best interest in mind when making financial decisions with your money. This is definitely not a requirement everywhere, which can ultimately have lasting impacts in terms of wealth appreciation and even preservation."}
{"text": " In a very similar situation as yours, I bought a used motorcycle for $3000. It was still reasonably new, very reliable, and with California weather, you can use it year-round. It reduced my time in traffic, and it had very low fuel and maintenance costs. The biggest expense was tires. The biggest pitfall in buying a motorcycle is auto-insurance. Do your research and ask for quotes from your broker before even considering a particular model of bike. When I decided that my finances justified a new motorcycle, I was surprised that full collision coverage cost about $3000/year on a lower powered bike that had a bad accident record because it appealed to new riders. I got a much more powerful bike that appealed to more experienced riders and the premium was only $500/year. Is this answer not what you were looking for? Spend as little as you can on a 4-6 year old car. Drive it until you can save enough cash to buy the one you really want. I'm currently driving a 2007 Corolla, and I'm waiting until I can get a new civic turbo with a manual transmission to replace it. (They currently only offer them with a CVT, but next fall they'll have them with the MT, so I'm probably 2 1/2 years out from buying one used.)"}
{"text": " If the loan is for a car, or mortgage there is specific paperwork that is processed when the loan payments have been completed. For other types of loans ask the lender, what will they give you regarding the payoff of the loan. Keep this paperwork, in hard copy and electronic form forever."}
{"text": " \"I understand economics quite well. This whole idea that the market will correct itself is bullshit. The government didn't come up with rules like you can't discriminate against people for the fun of it, but under some free market theory you would expect that one to solve itself. Well, it didn't.  Have you ever answered the phones for cab company on New Year's Eve? No? Well I have, five years in a row. I can take 80 phone calls in an hour. I've told people it'll be four hours for a cab because that's how long it would take and they say \"\"Send it.\"\" It's shitty because I can't refuse the call legally and there's no way in hell they're going to be there when the cab finally gets dispatched. Driver's on the street constantly contend with waiting for someone to come out and a bidding war starting to hire them. I've heard $80 offered as a tip to take a group before, although $20 seems to be more the standard bribe.  There's no economic behavior to serve shitty neighborhoods. The riders don't tip and the driver is at an increased risk of being robbed and violently attacked. Why do cab companies serve them? Because the city legally requires it and in reality there are at least some decent people whose only option is to take a cab.  So, congratulations, you took the same microeconomics class that I did and all the theory dictates that this should all work itself out. You get to throw around sayings like \"\"ceteris parabus,\"\" but things are never \"\"all things being equal\"\". The difference is I also spent a number of years going to the school of hard knocks and learned from reality how things actually work.\""}
{"text": " \"There's an old saying:  \"\"Never invest in anything that eats or needs maintenance.\"\" This doesn't mean that a house or a racehorse or private ownership of your own company is not an investment.  It just points out that constant effort is needed on your part, or on the part of somebody you pay, just to keep it from losing value.  Common stock, gold, and money in the bank are three things you can buy and leave alone.  They may gain or lose market value, but not because of neglect on your part. Buying a house is a complex decision.  There are many benefits and many risks. Other investments have benefits and risks too.\""}
{"text": " I think Energy and Mike point out the some serious issues but the prospects for the futures also need to be considered. If the banks no longer have those loans then they need to rebuild their income base that is wiped out by the payoff of their loans.  They would be incentivised to make a large number of loans so that they could quickly reestablish their base so they can maintain profitability.  This is likely to lead to more poor lending practices that lead to this location in the first place.  The high earning heavily leveraged would benefit far more from this than the poor.  A function of income is that as it increases the ability to leverage increases in a non lineal fashion.  So single person making 250k a year(the benchmark set by the current administration) with a 2 million dollar mortgage(probably underwater currently) on a home would benefit much more than a family of 4 making 50k a year with a 100k mortgage.   Assuming that government does pay off all mortages now people can sell of their now fully paid homes for less than their value, as its basically free money, leverage that money to move into a better home, so home values actually crash, in some areas as people sell them off cheap, people try to gamble on cheap houses(like we just saw), etc.  It takes a market that is on the verge of recovery and stabilization and shakes it up.  How long before it stabilizes again would be a matter of debate but I would not expect to see it in less than a decade.  Business and the Economy thrives on stability and retreats from instability.  So while this would appear to be an injection to the economy the chaos it creates would likely actually severely retard future economic growth."}
{"text": " Are my mortgage terms locked in? Who oversees this? Yes your terms like rate, balance, penalties, due dates, are all covered in the mortgage documents. Those will not change. If the mortgage is an adjustable or has a balloon payment those terms will be followed by the new company. That being said, mistakes can be made. Double check everything. I had a transfer get messed up once, and all the terms were wrong. It took a few months but everything was worked out. In fact because they first tried to stonewall me I was able to negotiate some additional concessions out of them. Running your own escrow account is one thing you always want to do. That makes sure that the taxes and insurance are always paid by you, even if the servicing company has a glitch. Generally you have to have enough equity to not have PMI in order to get them to agree to the self-escrow option. If you have a problem with the servicing company then contact the Consumer Finance Protection Bureau a part of the US Government. They have only been a round a few years, thus I have no experience with them. Have an issue with a financial product or service? We'll forward your   complaint to the company and work to get a response from them. The last few times I applied for a mortgage or refinanced a mortgage the lender had to reveal as part of the application stage the percentage of recent mortgages they still own/service. Check those numbers the next time you apply."}
{"text": " \"I think the risk involved with the \"\"fund gaining a larger rate of return\"\" is probably priced in. Why would the bank take the risk on you with a car loan when it could put it in the same fund you're talking about and make more money?\""}
{"text": " \"Nope... as mentioned elsewhere, I hired a lawyer, and my employer absolutely does not own any of my work. I've been extremely careful about that. This is much more common as a developer working for a \"\"for-profit\"\" entity particularly in the US. I work for a government body and not in the US.\""}
{"text": " \"There are two parts to the hack you describe.  One is moving to a high-cost, high-pay country to work, and the other is moving to a low-cost, low-pay country to retire. As Dilip mentioned in a comment, the first part is not so easy in many cases.  You can't just take a plane to the USA and start making big bucks immediately.  In the first place, it's illegal to work without special visa permissions.  Even if you manage to secure that permission (or take the risk of trying to work illegally), there's no guarantee you'll get a job, let alone a high-paying one.  The same is true in most other high-paying countries. As for the second part, that takes considerable willpower as well.  After spending X years getting used to a country, investing time and money, you must then have the resolve to uproot your life a second time and move to another country.  For the most part, countries are expensive for a reason.  Even if you in principle reject the cost-benefit tradeoffs of a particular country, it can be difficult to give up some of those benefits when the time comes (e.g., trains running on time, reliable electricity, donut shops, or whatever).  You might \"\"get soft\"\" or become co-opted by the rich-country rat race and find it difficult to extricate yourself. All of these problems are compounded if, as in many cases, you happened to start a family while in the expensive country.  At the least, moving would require uprooting not just you but your family.  Also, quality of education is often one of the main reasons people immigrate permanently to expensive countries.  Even a person who personally would prefer to retire to a cheaper country may be unwilling to transplant their children into that country's education system.  (Of course, they could wait until the children are self-supporting, but that makes the wait longer, and may result in them living far away from their children, which they may not want.) As JoeTaxpayer notes, the same reasons may work on smaller levels, even within a country.  In theory it's perfectly possible to power through a brief, lucrative career in Silicon Valley and then retire to Idaho, but it doesn't seem to happen as often as the plain numbers might suggest.  A simple way to put it might be that the kind of person who would be happy living in a cheap environment often cannot or will not endure a lengthy \"\"tour of duty\"\" in an expensive environment.  Either you like the expensive environment and stay, or you leave, not as a planned lifehack, but because you realize you don't like it.\""}
{"text": " > Not asking for any societal benefits.  Sure you are. You want to live in a society with other educated adults, with roads & other utilities, property rights, safe food & water, a medical safety net, , etc. You just don't want to have to pay for any of it yourself.  It's this kind of hypocritical attitude why people can't take anti-government zealots seriously. If you really believed what you say you do, you'd move out of the country, leaving behind every single benefit you ever got from living in a first-world country, and then live by yourself not paying any taxes. But you don't."}
{"text": " The trouble with Toyota is that they charge so much more money for the same quality you can get elsewhere from cars that aren't total snoozefests.  They *were* a top quality brand leader, but now they're just one of the pack; yet they continue to price like Toyota means something extra special."}
{"text": " Your credit score is definitely affected by the age of your credit accounts, so if you frequently close one card and open another new one, you're adversely affecting the overall average age of accounts.  This is something to consider and whether it is worth what you're trying to achieve. Sometimes, if you're a good customer and are insistent enough, you can simply call your credit card company and use the threat of closing your account in favor of another card that offers something attractive to get your current bank to sweeten its incentives to keep your business.  I know many people who've done this with real success, and they spare themselves the hassle of obtaining a new card and suffering the short term consequences on their credit report.  This might be an avenue worth trying before you just close the account and move on. I hope this helps. Good luck!"}
{"text": " \"Don't set mental anchor points. I am saying this as a total hypocrite, mind you, it isn't easy to follow that advice. My suggestion would be to look at each investment and ask yourself, \"\"Would I buy that at today's price?\"\", because if you wouldn't you need to sell regardless of whether you are cashing out. Effectively by staying in an investment you no longer believe in, you are giving up the opportunity cost of investing that money in something with a real chance to  give you a return, or in your case whatever purpose you have in mind for the cash.\""}
{"text": " > People don't want data caps and throttling.  People have been lulled into the notion that a faucet in their home entitles them to all the water they want.  That appears to be the argument you're making here.  >But your argument hurts my brain.  That's a douchey comment.  Get over yourself."}
{"text": " \"A lot bothers me about this article - numbers and claims that don't seem right...  http://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbbl_a.htm - 10% increase in US oil production over 5 years... Not a \"\"dramatic\"\" increase in production.  Peace in the middle east? Err, yeah... Slowdown in growth in China? Sure - only 8.1% GDP growth in Q12012, that doesn't mean demand will suddenly decline, just that it won't go up quite as quickly (http://money.cnn.com/2012/04/12/news/economy/china-gdp/index.htm)  Lots of other little things as well, but the summary is that I don't think we'll be seeing $2 gas anytime soon.\""}
{"text": " Fuel prices are regulated in most countires. The way its regulated differs. Essentially the idea is once the retail prices are up, they are normally kept that level so that a buffer profit is built, now if the fuel prices increase beyond the retail price can still be kept same using the buffer built up."}
{"text": " I know fuck all about the taxi industry but if I had to answer I'd say the taxi industry isn't a good place to put your money.  EDIT: It's not a good place to put your money if you want decent returns. Obviously there's a profile where every kind of firm fits but there's generally better alternatives than this particular industry."}
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{"text": " You're winning. A sample size of one does not prove his argument.  I think if you're balancing a relatively expensive English degree with a relatively inexpensive one, then he's right. If you're speaking of anything that is more specialized in math, science, or business, a larger school with a larger price tag has been shown to be a better decision."}
{"text": " This is not me but something that I follow quite closely.  From a finance/business perspective it will be very interesting to see how online video games will continue to develop into a spectator sport with leagues, sponsors, advertisers, and agents.  The prize pool for the [2014 International] (http://www.dota2.com/international/overview/) was over $10M raised by fans of the video game, greater than golf's [2014 Masters] (http://en.wikipedia.org/wiki/Masters_Tournament#cite_note-immelman-47) which paid out $9M.   The video game streaming service [Twitch was bought out by Amazon] (http://venturebeat.com/2014/08/26/amazons-twitch-acquisition-is-about-beating-google-and-apple/) just a few days ago for around $1B.  We're definitely in the wild west when it comes to video games."}
{"text": " \"I'm an American so I don't claim to know anything about Scottish tax law. But just based on what you say above: First, think about how it would work if there were no taxes. If you make a payment against the mortgage, you save 5% in interest. If you put money into a retirement account, you make whatever the profits are on the investment. If that amount comes to more than 5%, then you are better of investing in the retirement account. If it's less than 5%, you are better off paying off the mortgage. As most investments pay significantly better than 5%, this is the superior strategy. On the other hand, apparently you are paying a variable-rate mortgage, but still, mortgage rates are relatively stable. Investment returns vary all over the place and can be negative. So if you are very cautious, that's a reason to pay off the mortgage rather than invest. The younger you are, the less of a concern this should be, as in the long term, investments pretty much always recover lost ground. If you were planning to retire next year I'd have very different advice than if you are planning to retire in 30 years. But sadly, you do have to pay taxes, and that needs to be factored in. So you say that you would have to pay 25% dividend tax on any money you used to pay the mortgage. But the effective tax rate on the retirement money is 15%. So in effect money put against the mortgage pays a 25% tax, and so effectively generates only 5% * .75 = 3.75%. But money invested in the retirement plan pays only 15% tax, and so if the investment returns 3.75% / .85 = 4.4% it would give the same effective return. So if you can invest in something that gives returns of at least 4.4% per year, you're better off putting into the retirement plan than paying off the mortgage. There may be other Scottish tax implications I don't know about. As to \"\"Substantially less paperwork\"\", I have no idea how much paperwork is involved in putting money into a retirement account in Scotland. Here in the U.S., you basically call a financial management company of one sort or another and say \"\"hey, I want to open a retirement account with your company\"\", and they'll prepare most of the forms for you and you just sign them. It could be done with half an hour of your time. Of course the more you research different investment options, etc, the more time it will take. \"\"More flexible e.g. if I want to retire early\"\" If there are restrictions on when you can withdraw money from a retirement account and receive that 25% freebie you mentioned, yes, this could be a factor. Again, I don't know Scottish tax law, there may be other considerations. Here in the U.S., there's a 10% tax penalty if you withdraw money from a retirement account before the legal retirement age. Realistically that's a minor issue, if you have money in there for several years the tax benefits will be more than 10%. But yeah, it would be stupid to put money in in December and then take it out the following January and have to pay the 10% penalty. \"\"Doesn't incur the risk that the government will change the pension rules between now and when I retire\"\" Maybe. But then laws might change in your favor, too. And as you indicated that your mortgage interest rate could change, there could be risk on that side too. That all comes down to what you think the risks are all around.\""}
{"text": " You don't need to make even close to that much to start doing this. All you need is a job where you hire your company out to another company to do work. Any kind of consulting work is usually done in a similar fashion. You can't expect people not to take advantage of tax breaks. That's like asking parents to stop getting subsidies for child care because it's not fair to bachelors. To say that people who do this don't feel anything is quite insulting."}
{"text": " 'In demand', partly due to the larger supply available.    Employers might prefer a math major, but when they are 5-10x more finance majors, they have to settle for the finance skillset + excel, rather than a proverbially higher IQ math major with greater modeling and math skills."}
{"text": " Yeah, the vehical cloud is the assumed intersection of self driving cars and the direction most businesses are heading: subscription models. No one needs to own a car, you need transportation. Cars are really expensive and for most people, they sit around idle more than 50% of the time. That's where Uber has come in (right now). But once we get self driving cars, companies are likely going to move to a subscription model, whereas you pay $xx.xx per month and you get x number of transportation miles per month....or however they set up billing. But youll request a car when you need one, and much like Uber it will arrive.   The question is, who will dominate this space. Uber has already told Tesla they'll buy self driving cars. Google has been working on self driving cars, Apple has been working on self driving cars. They're all trying to get into the space. But someone has to build all these cars. Ford's repositioned themselves as a transportation technology company. They can see this shift happening and trying to participate when it does."}
{"text": " NAPFA claims to have members in Canada. They are an organization of fee-only financial planners--they work for hourly fees, not commissions, so they have no conflicts of interest when giving advice."}
{"text": " Because the macro numbers are not always relevant on a micro level and vice versa. Saudi Arabia has a GDP per capita far higher than any European county. Would you want to be a worker (i.a slave) in Saudi Arabia or a worker in Sweden?  The United States is a rich country. A very rich country. But businesses going great in most major cities, and the average salary growing, doesn't really change the life of the minimum wage worker in rural New Mexico who can hardly get by without food stamps."}
{"text": " Your link is something I know all about. Temperature rise, great,   CO2 rise, great!  Increased precipitation, awesome!  Sea level rise, not a problem. 6 inches in a hundred years.  Increased storms. The main problem with these storms is since population increases, the more likelihood it will hit someone. There is no panic right now with these storms. We have weathered them just like we have always.  With increased precipitation, more water will end up on land, in aquifers and in our reservoirs. That would be fantastic for California. Not in the oceans, so that may help with the sea level rising.  This is all alarmist talks, what we can see is record grain crops in Canada. So much that they had trouble transporting it. It helps feed the world. That's a great thing."}
{"text": " As a European we would wholeheartedly welcome a voluntary reduction in US geopolitical influence. The ability of the United States to dictate terms to Europe on strategic and political matters is an anomaly that has been allowed to persist for far too long.      Luckily for the rest of the world the US public are at large grossly uninformed in matters of foreign affairs and don't realise the exceptional strategic positioning they were granted in the wake of the second world war. And they're in the process of ceding that power."}
{"text": " None of the 'solutions' to lowered enrollment included closing for-profit schools to increase enrollment in schools that are accredited and cost a lot less. Many for -profit schools are only money pits for the student loans and grants and don't graduate students or provide real skills for the workplace. Then, students are left with huge loans and no way to pay."}
{"text": " \"Look for jobs you can do PRN - pro re nada or \"\"as the need arises.\"\"  Basically very part-time work, where you are free to decide whether or not you want to work given shift offered.  It's pretty common in medicine and in education.  If you want to work a whole week, you probably can!  If you don't, they just call the next person on the list.  Obviously you'll need some extra education, but I'm assuming that isn't a problem.  Beyond that, as far as 'leisure' pursuits - try to write a book!  Fiction, nonfiction, doesn't matter.  You'll suck at that for long enough to take up a few years of your life :).  You could get a pilot's license - also pretty time intensive, and could lead to some interesting part-time gigs as a charter pilot down the line.  General kind of tour guide/leisure activity instructor work seems to be very rewarding.  I'm active in my local motorcycling community, and I've never met an instructor who didn't love his job.  MSF instructor is a 12 hour per week gig.  Good luck!\""}
{"text": " When you are a certain age you will be able to tap into your retirement accounts, or start receiving pension and social security funds. In addition you may be faced with required minimum distributions from these accounts.  But even before you get to those points you will generally shift the focus of new funds into the retirement account to be more conservative. Depending on the balances in the various accounts and the size of the pension and social security accounts you may even move invested funds from aggressive to conservative investments. The proper proportion of the many different types of investments and revenue streams is open to much debate. During retirement you will be pulling money out of retirement accounts either to support your standard of living or to meet the required minimum distributions. What to sell will be based on either the tax implications or the required distributions that will still maintain the asset allocation you desire.   If your distributions are driven by the law you will be selling enough to meet a specific required $ figure. You will either spend that money or move it into a low interest savings account or a non-retirement investment account. If trying to meet your standard of living expectations you will be selling funds that allow you to keep your desired asset allocation but still have enough to live on. Again you will be trying to meet a specific $ figure.  Of course you may decide at anytime in retirement to rebalance based on changes to your lifestyle, family obligations, or winning the lottery."}
{"text": " \"Think about the implications if the world worked as your question implies that it \"\"should\"\":  A $15 share of stock would return you (at least) $15 after 3 months, plus another $15 after 6 months, plus another after 9 and 12 months.  This would have returned to you $60 over the year that you owned it (plus you still own the share).  Only then would the stock be worth buying?  Anything less than $60 would be too little to be worth bothering about for $15? Such a thing would indeed be worth buying, but you won't find golden-egg laying stocks like that on the stock market.  Why?  Because other people would outbid your measly $15 in order to get this $60-a-year producing stock (in fact, they would bid many hundreds of dollars).  Since other people bid more, you can't find such a deal available. (Of course, there are the points others have brought up: the earnings per share are yearly, not quarterly, unless otherwise noted.  The earnings may not be sent to you at all, or only a small part, but you would gain much of their value because the company should be worth about that much more by keeping the earnings.)\""}
{"text": " \"i dont see what's the big deal, all the banks got bailed out.  Govt printed over 7 trillion bucks, not much inflation.  govt has to help private sector.  gave plenty of freebies to the rich mother fukers in the banking sector.    or even better, govt should tax the shit out of wall street and super rich corporations and use that money to give to the students.     how do you suppose the govt \"\"FIX\"\" the economy??  wtf do u think govt is trying to do?  but they gave the money to the wrong people.\""}
{"text": " If it is a credit card bill, the money goes towards your balance because on all of my cards, the interest for the month will show up as a line item that increases the balance.  So all your payment goes towards the balance. This is good because your interest is probably calculated daily, and any amount you can lower your balance will therefore lower the interest you have to pay. Additionally, in the US the CARD act means that you payment must be applied to items with the highest interest rates first. http://www.helpwithmybank.gov/faqs/credit_late_payment.html#drop11 http://www.creditcards.com/credit-card-news/law-bans-credit-card-payment-allocation-trickery-1282.php"}
{"text": " Yeah, that's the problem fuck-0.  Walmart makes tons of money in profit and their employees are using state benefits.    This isn't a problem for you?  The government is subsidizing walmarts employee benefits.  In other words we are socializing walmarts losses and walmart is privatizing their gains."}
{"text": " It sounds like you're drastically oversimplifying basic business economics, and implying that any company is just as well off breaking even (zero profit) as it is with turning a big profit. This is blatantly incorrect and naive. For one thing, it is certainly be easier to justify expansion or attract new investments if your company is profitable."}
{"text": " Interior And Exterior Designer In Mumbai AT THE HEART OF DESIGN  We Are Leading Interior And Exterior Designer In Mumbai.  What sets Mumbai-based, luxury interior designer, Sapphel Champanerii, a class apart from her contemporaries, is her uniquely signature interpretation of design.  Breathing life into spaces is hygiene to her but what makes her designs come alive is the intricate detailing and mesmerizing interpretation of design that accents everything she undertakes. Her designs are a skillful synthesis of aesthetics and science.  Ask her the secret and she confesses- her designs are shaped by her innate and intuitive understanding of her Client\u2019s needs and yes, sometimes, quirks!  Whether it is through design decisions, color selections, or the creation of an atmosphere that enriches their daily lives, our job is to not only make our clients feel good, but to also provide them with a functional, safe environment that will enable their organization to operate as efficiently as possible. The interior design of a space provides our clients with a personal connection to their environment through furniture, textures, colors and spatial arrangement.  We understand that most homeowners don\u2019t undertake major exterior replacements and redesign projects more than once, and that\u2019s why our goal is to help you get it right. Our comprehensive process not only ensures your 100 percent satisfaction with the project, but also guarantees that you\u2019ll fall in love with your home all over again!"}
{"text": " \"I am going to keep things very simple and explain the common-sense reason why the accountant is right: Also, my sister in law owns a small restaurant, where they claim their accountant informed them of the same thing, where a portion of their business purchases had to be counted as taxable personal income. In this case, they said their actual income for the year (through their paychecks) was around 40-50K, but because of this detail, their taxable income came out to be around 180K, causing them to owe a huge amount of tax (30K ish). Consider them and a similarly situated couple that didn't make these purchases. Your sister in law is better off in that she has the benefit of these purchases (increasing the value of her business and her expected future income), but she's worse off because she got less pay. Presumably, she thought this was a fair trade, otherwise she wouldn't have made those purchases. So why should she pay any less in taxes? There's no reason making fair trades should reduce anyone's tax burden. Now, as the items she purchased lose value, that will be a business loss called \"\"depreciation\"\". That will be deductible. But the purchases themselves are not, and the income that generated the money to make those purchases is taxable. Generally speaking, business gains are taxable, regardless of what you do with the money (whether you pay yourself, invest it, leave it in the business, or whatever). Generally speaking, only business losses or expenses are deductible. A purchase is an even exchange of income for valuable property -- even exchanges are not deductions because the gain of the thing purchased already fairly compensates you for the cost. You don't specify the exact tax status of the business, but there are really only two types of possibilities. It can be separately taxed as a corporation or it can be treated essentially as if it didn't exist. In the former case, corporate income tax would be due on the revenue that was used to pay for the purchases. There would be no personal income tax due. But it's very unlikely this situation applies as it means all profits taken out of the business are taxed twice and so small businesses are rarely organized this way. In the latter case, which is almost certainly the one that applies, business income is treated as self-employment income. In this case, the income that paid for the purchases is taxable, self-employment income. Since a purchase is not a deductible expense, there is no deduction to offset this income. So, again, the key points are: How much she paid herself doesn't matter. Business income is taxable regardless of what you do with it. When a business pays an expense, it has a loss that is deductible against profits. But when a business makes a purchase, it has neither a gain nor a loss. If a restaurant buys a new stove, it trades some money for a stove, presumably a fair trade. It has had no profit and no loss, so this transaction has no immediate effect on the taxes. (There are some exceptions, but presumably the accountant determined that those don't apply.) When the property of a business loses value, that is usually a deductible loss. So over time, a newly-purchased stove will lose value. That is a loss that is deductible. The important thing to understand is that as far as the IRS is concerned, whether you pay yourself the money or not doesn't matter, business income is taxable and only business losses or expenses are deductible. Investments or purchases of capital assets are neither losses nor expenses. There are ways you can opt to have the business taxed separately so only what you pay yourself shows up on your personal taxes. But unless the business is losing money or needs to hold large profits against future expenses, this is generally a worse deal because money you take out of the business is taxed twice -- once as business income and again as personal income. Update: Does the business eventually, over the course of the depreciation schedule, end up getting all of the original $2,000 tax burden back? Possibly. Ultimately, the entire cost of the item is deductible. That won't necessarily translate into getting the taxes back. But that's really not the right way to think about it. The tax burden was on the income earned. Upon immediate replacement, hypothetically with the exact same model, same cost, same 'value', isn't it correct that the \"\"value\"\" of the business only went up by the amount the original item had depreciated? Yes. If you dispose of or sell a capital asset, you will have a gain or loss based on the difference between your remaining basis in the asset and whatever you got for the asset. Wouldn't the tax burden then only be $400? Approximately, yes. The disposal of the original asset would cause a loss of the difference between your remaining basis in the asset and what you got for it (which might be zero). The new asset would then begin depreciating. You are making things a bit more difficult to understand though by focusing on the amount of taxes due rather than the amount of taxable gain or loss you have. They don't always correlate directly (because tax rates can vary).\""}
{"text": " Completely wrong. People are traveling less and Sears has chosen suburban malls requiring lots of space. Urban shopping malls (think Kohls, old navy, home depot, local grocery stores) are doing better, there is a uptick in buy local campaigns.   Also I think the economy is doing so well in terms of employment and wages have grown so little, that the desire and capability of many people to buy expensive and nice fridges and washer machines, watches and housewares because they a) have no time to enjoy them and b) would ratber spend the money on time saving/enjoyment. The retail companies that realize you need to entertain your customers and their families will win."}
{"text": " I don't want to repeat things that have already been said as I agree with most of them. There's just one little thing I'd like to add: If things go the way we're all expecting, this guy will eventually be in desperate need of a friend as he is extremely likely to lose most of his friends sooner or later. Perhaps all you can do is signal that you will not support him now (for obvious reasons), but that you'll be there for him when he may need you in the future..."}
{"text": " Weight Loss Supplements contains all the essential products for you to start losing weight and getting fit. The most common when choosing a vegan diet is for ethical reasons, to care for the environment or to improve health, although the latter may not be sufficiently informed. Getting down or toning involves losing weight and gaining muscle, to get the body you've always wanted - and our VEGAN WEIGHT LOSS SUPPLEMENTS are the perfect starting point for anyone. Usually a vegan does not agree with how the meat industry works or how animals are farmed on farms to produce milk, eggs etc. And try to make the food industry friendlier to animals."}
{"text": " Feya Ltd \u0415 \u043d\u0430\u0439-\u0434\u043e\u0431\u0440\u0438\u044f\u0442 \u0432\u043e\u0434\u0435\u0449 \u043f\u0440\u043e\u0438\u0437\u0432\u043e\u0434\u0438\u0442\u0435\u043b \u043d\u0430 \u0440\u0430\u0431\u043e\u0442\u043d\u043e \u043e\u0431\u043b\u0435\u043a\u043b\u043e \u0432 \u0411\u044a\u043b\u0433\u0430\u0440\u0438\u044f. \u041d\u0438\u0435 \u043f\u0440\u0435\u0434\u043b\u0430\u0433\u0430\u043c\u0435 \u043d\u0430\u0439-\u0434\u043e\u0431\u0440\u043e\u0442\u043e \u043e\u0431\u0441\u043b\u0443\u0436\u0432\u0430\u043d\u0435 \u0438 \u043f\u0440\u0435\u0434\u043b\u0430\u0433\u0430\u043c\u0435 \u043d\u0430\u0448\u0438\u044f \u0434\u0438\u0437\u0430\u0439\u043d \u0432 \u0434\u0440\u0443\u0433\u0438 \u0441\u0442\u0440\u0430\u043d\u0438 \u0432 \u0411\u044a\u043b\u0433\u0430\u0440\u0438\u044f. \u041d\u0430\u0448\u0438\u044f\u0442 \u0435\u043a\u0438\u043f \u0435 \u043e\u043f\u0438\u0442\u0435\u043d. \u0410\u043a\u043e \u0438\u0441\u043a\u0430\u0442\u0435 \u0434\u0430 \u041f\u0440\u043e\u0438\u0437\u0432\u043e\u0434\u0441\u0442\u0432\u043e \u043d\u0430 \u0440\u0430\u0431\u043e\u0442\u043d\u043e \u043e\u0431\u043b\u0435\u043a\u043b\u043e \u0432 \u0433\u043e\u043b\u044f\u043c \u043c\u0430\u0449\u0430\u0431, \u043c\u043e\u0436\u0435\u0442\u0435 \u0434\u0430 \u0441\u0435 \u0441\u0432\u044a\u0440\u0436\u0435\u0442\u0435 \u0441 \u043d\u0430\u0441 \u043d\u0430\u0448\u0430\u0442\u0430 \u0444\u0430\u0431\u0440\u0438\u043a\u0430, \u043a\u043e\u044f\u0442\u043e \u0441\u0435 \u043d\u0430\u043c\u0438\u0440\u0430 \u0432 \u0427\u0438\u0440\u043f\u0430\u043d. \u0418\u0437\u043f\u043e\u043b\u0437\u0432\u0430\u043c\u0435 \u043f\u0440\u043e\u0434\u0443\u043a\u0442\u0430 \u0432\u044a\u0432 \u0432\u0441\u0438\u0447\u043a\u0438 \u043f\u0440\u043e\u0434\u0443\u043a\u0442\u0438 \u0441 \u043d\u0430\u0439-\u0434\u043e\u0431\u0440\u043e \u043a\u0430\u0447\u0435\u0441\u0442\u0432\u043e. \u0410\u043a\u043e \u0438\u0441\u043a\u0430\u0442\u0435 \u0434\u0430 \u0432\u0438\u0441\u043e\u043a\u043e\u043a\u0430\u0447\u0435\u0441\u0442\u0432\u0435\u043d\u043e \u0440\u0430\u0431\u043e\u0442\u043d\u043e \u043e\u0431\u043b\u0435\u043a\u043b\u043e \u0437\u0430 \u0431\u0435\u0437\u043e\u043f\u0430\u0441\u043d\u043e\u0441\u0442, \u0442\u043e\u0433\u0430\u0432\u0430 \u043d\u0438\u0435 \u0441\u043c\u0435 \u043d\u0430\u0439-\u0434\u043e\u0431\u0440\u0430\u0442\u0430 \u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0430 \u0437\u0430 \u0432\u0430\u0441!"}
{"text": " If your parents can afford to shell out $1,250 a month for 5 years, they would pretty much have the debt paid off, provided the credit card companies don't start playing games with rates. If that payment is too high, maybe you could kick in $5k every few months to knock the principal down.  If they think the business can keep puttering along without losing more money, that may be the way to go. Five years is long enough that the business or property may have recovered some value. Another option, depending on the value of the home, could be a reverse mortgage. I don't know how the economy has affected those programs, but that might be a good option to get the debt cleared away. My grandfather was in a similar position back in the 70's. He owned taverns in NYC that catered to an industrial clientele... the place was booming in the 60s and my grandfather and his brother owned 4 locations at one point. But the death of his brother, post-Vietnam malaise, suburban exodus and shutting of industry really hurt the business, and he ended up selling out his last tavern in 1979 -- which was a dark hour in NYC history and real estate values. A few years later, that building sold for a tremendous amount of money... I believe 10x more. I don't know whether there was a way for his business to survive for another 5-7 years, as I was too young to remember. But I do remember my grandfather (and my father to this day) being melancholy about the whole affair. It's hard to have to work part-time in your 60's and be constantly reminded that your family business -- and to some degree a part of your life -- ended in failure. The stress of keeping things afloat when you're broke is tough. But there's also a mental reward from getting through a tough situation on your own. Good luck!"}
{"text": " If you have a mortgage backed by FHA, Fannie, or Freddie I would hold off.  There is talk of a new plan that would allow refi's on mortages that were underwater.  I would expect rates to stay about the same for the forseeable future.  Take that money you would spend each month on the personal loan and stick it into your mortgage payment to bring down your debt on it.  Your home may be underwater on paper but once the economy comes back, or hyperinflation sets in (one of the 2 will happen) you will have equity in your home again soon after."}
{"text": " \"This is the best tl;dr I could make, [original](http://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_557266/lang--en/index.htm) reduced by 84%. (I'm a bot) ***** > The report, World Employment and Social Outlook Trends for Women 2017, estimates that if this goal was realized at the global level, it has the potential to add US$ 5.8 trillion dollars to the global economy.  > Gender gap in labour force participation and potential impact of closing these gaps Promoting women's well-being On top of the significant economic benefits, engaging more women in the world of work would have a positive impact on their well-being since most women would like to work.  > "We need to start by changing our attitudes towards the role of women in the world of work and in society. Far too often some members of society still fall back on the excuse that it is"unacceptable" for a woman to have a paid job," said Steven Tobin, lead author of the report.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6hddjv/world_employment_and_social_outlook_ilo_trends/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~144729 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*: **Women**^#1 **work**^#2 **cent**^#3 **per**^#4 **men**^#5\""}
{"text": " $27,000 for a car?!  Please, don't do that to yourself! That sounds like a new-car price.  If it is, you can kiss $4k-$5k of that price goodbye the moment you drive it off the lot.  You'll pay the worst part of the depreciation on that vehicle. You can get a 4-5 year old Corolla (or similar import) for less than half that price, and if you take care of it, you can get easily another 100k miles out of it. Check out Dave Ramsey's video.  (It's funny that the car payment he chooses as his example is the same one as yours: $475! ;) )  I don't buy his take on the 12% return on the stock market (which is fantasy in my book) but buying cars outright instead of borrowing or (gasp) leasing, and working your way up the food chain a bit with the bells/whistles/newness of your cars, is the way to go."}
{"text": " \"Probably but not necessarily.  Your question could also be posed regarding cash & carry for commodities in contango: If I can take delivery on the gold now, short the gold next year and make delivery then, paying the storage fees, is this an arbitrage opportunity? It is in the sense that you know your delivery and the money you will make, but it's not in the sense that until delivery (or execution in the options case) you are still on the hook for the margins due from price fluctuations. Additionally you need to consider what ROI you will make from the trade. Even though it's \"\"guaranteed\"\" it may be less than what you can earn from other \"\"zero risk\"\" opportunities.\""}
{"text": " My grandfather owned a small business, and I asked him that very question.  His answer was that year-end closeout is very time-consuming, both before and after  EOY (end of year), and that they didn't want to do all that around Christmas and New Year."}
{"text": " \"sorry, my response was supposed to be to the above comment, not yours. My main point was that colonizing in Africa, where there was already a large population did not require bringing in people (which you would need to incentivize to move to, hence offering the \"\"free\"\" carrot of property rights to settlers of NA) to extract resources. Instead the British (and other European powers) just used the local populace to extract the resources. The main reason the US and Canada are well off is that property rights were established very early on and this encouraged people to \"\"invest\"\" and produce more because the higher production accrued to the producer and the producer would have legal recourse should a negative \"\"externality\"\" be put upon them by someone else. Obviously there were other reasons as well, but property rights are huge (this is true globally now) in encouraging people to \"\"grow\"\" their assets. Part of the reason Africa is still so screwed up is that many of their institutions and governments are too corrupt to protect their citizens' property rights, thereby discouraging investment and production.\""}
{"text": " There are two reasons to do a reverse split.  Those partial shares will then be turned into cash and returned to the investors. For large institutional investors such as mutual funds or pension funds it results in only a small amount of cash because the fund has merged all the investors shares together. If the company is trying to meet the minimum price level of the exchange they have little choice. If they don't do the reverse split they will be delisted. If the goal is to reduce the number of investors they are using one of the methods of going private: A publicly held company may deregister its equity securities when they   are held by less than 300 shareholders of record or less than 500   shareholders of record, where the company does not have significant   assets. Depending on the facts and circumstances, the company may no   longer be required to file periodic reports with the SEC once the   number of shareholders of record drops below the above thresholds. A number of kinds of transactions can result in a company going   private, including:"}
{"text": " Most companies put the company match in your account each paycheck, but your are not generally vested for the match. If you leave before the specified time period then they pull back part of the matching funds.  I knew somebody who did something similar back in the 1980's with their 401K. They put in 8% of their paycheck after taxes; a 100% match was deposited; then they pulled out the employees contribution every quarter. They did this for the 10 years I knew them. It avoided any tax implications, and they were still saving 8% of their pay for retirement."}
{"text": " It's legal. In fact, they are required to do this, assuming you are in fact a HCE (highly compensated employee) to avoid getting in trouble with the IRS. I'm guessing they don't provide documentation for the same reason they don't explain to you explicitly what the income thresholds are for social security taxes, etc - that's a job for your personal accountant. Here's the definition of a HCE:  An individual who: Owned more than 5% of the interest in the business at any time during   the year or the preceding year, regardless of how much compensation   that person earned or received, or For the preceding year, received   compensation from the business of more than $115,000 (if the preceding   year is 2014; $120,000 if the preceding year is 2015, 2016 or 2017),   and, if the employer so chooses, was in the top 20% of employees when   ranked by compensation. There are rules the restrict distributions from plans like 401ks. For example, treasury reg 1.401a(4)-5(b)(3) says that a plan cannot make a distribution to a HCE if that payment reduces the asset value of the plan to below 110% of the value of the plan's current liabilities. So, after taking account all distributions to be made to HCEs and the asset value of the plan, everyone likely gets proportionally reduced so that they don't run afoul of this rule. There are workarounds for this. But, these are options that the plan administrators may take, not you. I suppose if you were still employed there and at a high enough level, a company accountant would have discussed these options with you. Note, there's a chance there's some other limitation on HCEs that I'm missing which applies to your specific situation. Your best bet, to understand, is simply ask. Your money is still there, you just can't get it all this year."}
{"text": " Dealer financing should be ignored until AFTER you have agreed on the price of the car, since otherwise they tack the costs of it back onto the car's purchase price. They aren't offering you  a $2500 cash incentive, but adding a $2500 surcharge if you take their financing package -- which means you're actually paying significantly more than 0.9% for that loan! Remember that you can borrow from folks other than the dealer. If you do that, you still get the cash price, since the dealer is getting cash. Check your other options, and calculate the REAL cost of each, before making your decisions. And remember to watch out for introductory/variable rates on loans! Leasing is generally a bad deal unless you intend to sell the car within three years or so."}
{"text": " >Well with that logic most older folks wouldn't need healthcare since they're only a decade away from deaths door.   Given how much money is spent on old people near death just to keep them lingering on, I tend to agree with you."}
{"text": " Since you asked about Apple, and I happen to have two positions -   This is what happened. I was long the $500, short the $600, in effect, betting Apple would recover from its drop from $700 down to $450 or so. Friday, my target was to hope that Apple remain above $600, but not really caring how much it went over. Now, post split, the magic number is $85.71. My account shows the adjusted option pricing, but doesn't yet show AAPL's new price."}
{"text": " The biggest benefit to having a larger portfolio is relatively reduced transaction costs. If you buy a $830 share of Google at a broker with a $10 commission, the commission is 1.2% of your buy price.  If you then sell it for $860, that's another 1.1% gone to commission.  Another way to look at it is, of your $30 ($860 - $830) gain you've given up $20 to transaction costs, or 66.67% of the proceeds of your trade went to transaction costs. Now assume you traded 10 shares of Google. Your buy was $8,300 and you sold for $8,600.  Your gain is $300 and you spent the same $20 to transact the buy and sell.  Now you've only given up 6% of your proceeds ($20 divided by your $300 gain). You could also scale this up to 100 shares or even 1,000 shares. Generally, dividend reinvestment are done with no transaction cost.  So you periodically get to bolster your position without losing more to transaction costs.  For retail investors transaction costs can be meaningful.  When you're wielding a $5,000,000 pot of money you can make your trades on a larger scale giving up relatively less to transaction costs."}
{"text": " used to trip out to AC from Pittsburgh (6 hour drive, more convenient than vegas), didn't care much for the beach just the gambling. Now that there's a full casino (tables/poker room/slots) right in downtown most of us don't really have much reason to make the trip out to NJ anymore"}
{"text": " \"I focus on market research, which is both quant-heavy and quant-lite. Many times I can back up my strategy with numbers (\"\"data-driven decisions\"\"), but many times I just have to rely on qualitative findings.  Obviously the most quantitative MBA jobs are in finance and management consulting. Probably the least is strategy, but then that's a skill that you either have or don't have.\""}
{"text": " In my experience, the only penalty to breaking a CD is to lose a certain amount of accumulated interest. Your principal investment will be fine.  Close the CD. A few days of interest is nothing."}
{"text": " You know, your attempt at dramatic fiction is beneath you.  You are more than this,  You were taught as a child to love your neighbor and now you are going against your own beliefs to support the increase in income of people who are so much more powerful than you are and really don't care about you at all except for your vote.  Is that how you want to be remembered?  You have your entire life ahead of you.  I want you to enjoy every last moment of it, but keep your eyes open and look around and see all the possibilities in front of you besides hating other people."}
{"text": " Stock prices are indeed proportional to supply and demand. The greater the demand for a stock, the greater the price. If they are, would this mean that stock prices completely depend on HOW the public FEELS/THINKS about the stock instead of what it is actually worth? This is a question people have argued for decades. Literature in behavioral finance suggests that investors are not rational and thus markets are subject to wild fluctuation based on investor sentiment. The efficient market theory (EMT) argues that the stock market is efficient and that a stock's price is an accurate reflection of its underlying or intrinsic value. This philosophy took birth with Harry Markovitz's efficient frontier, and Eugene Fama is generally seen as the champion of EMT in the 1960's and onward.  Most investors today would agree that the markets are not perfectly efficient, and that a stock's price does not always reflect its value. The renowned professor Benjamin Graham once wrote: In the short run, the market is a voting machine but in the long run it is a weighing machine. This suggests that prices in the short term are mainly influenced by how people feel about the stock, while in the long run the price reflects what it's actually worth. For example, people are really big fans of tech stocks right now, which suggests why LinkedIn (stock: LNKD) has such a high share price despite its modest earnings (relative to valuation). People feel really good about it, and the price might sustain if LinkedIn becomes more and more profitable, but it's also possible that their results won't be absolutely stellar, so the stock price will fall until it reflects the company's fundamentals."}
{"text": " i would check out why other people make good money on the market when they invest but when i do it the economy goes into a recession. am i the only real person in the world and everyone is a simulation? is it black magic? is it the universe telling me to earn my money in other ways?"}
{"text": " You are right, and it's 40 cents per liter, not gallon as I originally wrote.  After 60 liters per month, it goes up to 70 cents per liter.  It's around 90 cents per liter right now where I am in the US.  Like you said, still cheap compared to the rest of the world ($1 per liter in India, $1.90 per liter in Britain)."}
{"text": " Your house is not an asset, it is a liability. Assets feed you. Liabilites eat you. Robert Kiyosaki From a cash flow perspective your primary residence (ie your house) is an investment but it is not an asset. If you add up all the income your primary residence generates and subtract all the expenses it incurs, you will see why investment gurus claim this. Perform the same calculations for a rental property and you're more likely to find it has a positive cash flow. If it has a negative cash flow, it's not an asset either; it's a liability. A rental property with a negative cash flow is still an investment, but cash flow gurus will tell you it's a bad investment. While it is possible that your house may increase in value and you may be able to sell it for more than you paid, will you be able to sell it for more than all of the expenses incurred while living there? If so, you have an asset.  Some people will purchase a home in need of repair, live in it and upgrade it, sell it for profit exceeding all expenses, and repeat. These people are flipping houses and generating capital gains based on their own hard work. In this instance a person's primary residence can be an asset. How much of an asset is calculated when the renovated house is sold."}
{"text": " \"The margin money you put up to fund a short position ($6000 in the example given) is simply a \"\"good faith\"\" deposit that is required by the broker in order to show that you are acting in good faith and fully intend to meet any potential losses that may occur.  This margin is normally called initial margin.  It is not an accounting item, meaning it is not debited from you cash account.  Rather, the broker simply segregates these funds so that you may not use them to fund other trading.  When you settle your position these funds are released from segregation.   In addition, there is a second type of margin, called variation margin, which must be maintained while holding a short position.  The variation margin is simply the running profit or loss being incurred on the short position.  In you example, if you sold 200 shares at $20 and the price went to $21, then your variation margin would be a debit of $200, while if the price went to $19, the variation margin would be a credit of $200.   The variation margin will be netted with the initial margin to give the total margin requirement ($6000 in this example).  Margin requirements are computed at the close of business on each trading day.  If you are showing a loss of $200 on the variation margin, then you will be required to put up an additional $200 of margin money in order to maintain the $6000 margin requirement - ($6000 - $200 = $5800, so you must add $200 to maintain $6000).  If you are showing a profit of $200, then $200 will be released from segregation - ($6000 + $200 = $6200, so $200 will be release from segregation leaving $6000 as required). When you settle your short position by buying back the shares, the margin monies will be release from segregation and the ledger postings to you cash account will be made according to whether you have made a profit or a loss.  So if you made a loss of $200 on the trade, then your account will be debited for $200 plus any applicable commissions.  If you made a profit of $200 on the trade then your account will be credited with $200 and debited with any applicable commissions.\""}
{"text": " no it would not. Did you read the article? corporations and funds are already paying the government to hold money short-term (negative real 2 year bond yields).   or are you advocating that the government place an additional tax on people who buy government bonds?"}
{"text": " The problem is that the reason you find out may be that you are at the car dealer, picked out a car, and getting ready to sign the loan papers with your supposedly good credit, and you are denied for late payment on loans you didn't know you have.  Or debt collectors  start hounding you.  Or you credit card interest rates go up.  Or you are charged more for your insurance because you are seen as a bad credit risk.  Or you can't rent an apartment.  The list is almost endless. It can takes many months and hours spent on the phone to fix these things."}
{"text": " If my experience playing tycoon games is any indication, there is usually a point when you can't help but hoard more money faster even if you do nothing.  Also, giving money to employees could have unpredictable effects. It might boost morale in the short term, but in the mid-long term it could mess up with whatever HR or managers are trying to do in managing their team and culture. It will also make your brightest people leave faster to set up new competitors.."}
{"text": " > Now, maybe that's the sort of stuff that happens every year and people get by regardless, but still.  Yup. It's strange bumper crops almost never make the news. Probably because there's no suffering, gloom and doom the media can milk for headlines."}
{"text": " \"The preferred accounts are designed to hope you do one of several things: Pay one day late.  Then charge you all the deferred interest. Many people think If they put $X a month aside, then pay just before the 6 months, 12 moths or no-payment before 2014 period ends then I will be able to afford the computer, carpet, or furniture. The interest rate they will charge you if you are late will be buried in the fine print. But expect it to be very high. Pay on time, but now that you have a card with their logo on it.  So now you feel that you should buy the accessories from them. They hope that you become a long time customer. They want to make money on your next computer also. Their \"\"Bill Me Later\"\" option on that site as essentially the same as the preferred account. In the end you will have another line of credit. They will do a credit check. The impact, both positive and negative, on your credit picture is discussed in other questions.  Because two of the three options you mentioned in your question (cash, debit card) imply that you have enough cash to buy the computer today, there is no reason to get another credit card to finance the purchase. The delayed payment with the preferred account, will save you about 10 dollars (2000 * 1% interest * 0.5 years).  The choice of store might save you more money, though with Apple there are fewer places to get legitimate discounts. Here are your options: How to get the limit increased: You can ask for a temporary increase in the credit limit, or you can ask for a permanent one. Some credit cards can do this online, others require you to talk to them. If they are going to agree to this, it can be done in a few minutes. Some individuals on this site have even been able to send the check to the credit card company before completing the purchase, thus \"\"increasing\"\" their credit limit. YMMV. I have no idea if it works.  A good reason to use the existing credit card, instead of the debit card is if the credit card is a rewards card. The extra money or points can be very nice. Just make sure you pay it back before the bill is due. In fact you can send the money to the credit card company the same day the computer arrives in the mail.  Having the transaction on the credit card can also get you purchase protection, and some cards automatically extend the warranty.\""}
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{"text": " Since returning of capital is the most important, I would go to bankrate.com and find either an online bank savings account or MMA account.  By going to bankrate.com, you can find higher rates.  Sometimes you can find rates that are higher than a CD and are still FDIC insured.  I've found ally bank's raise your rate 2 year CD to always have the best rate.  In addition, if rates go up, you are able to raise the rate to the current rate."}
{"text": " Well that's because you're trying to apply the same rules that apply everyone else to government officials. Don't be silly.  On a serious note, I find this one of the most offensive abuses of power in America today. Insider trading has been illegal in various forms since 1933. It is an enormous conflict of interest. A government official has the ability to enrich themselves in an almost unlimited way from trading on insider information. I don't believe the average American even realizes this. How there can be any justification of this is beyond me. It is a crime. No question about it. So if stealing is illegal for the general public, how can it be ok for public officials?  And they wonder [public trust in government](http://www.people-press.org/2017/05/03/public-trust-in-government-1958-2017/) is at all-time lows."}
{"text": " \"There are, in fact, two balances kept for your account by most banks that have to comply with common convenience banking laws.  The first is your actual balance; it is simply the sum total of all deposits and withdrawals that have cleared the account; that is, both your bank and the bank from which the deposit came or to which the payment will go have exchanged necessary proof of authorization from the payor, and have confirmed with each other that the money has actually been debited from the account of the payor, transferred between the banks and credited to the account of the payee.  The second balance is the \"\"available balance\"\". This is the actual balance, plus any amount that the bank is \"\"floating\"\" you while a deposit clears, minus any amount that the bank has received notice of that you may have just authorized, but for which either full proof of authorization or the definite amount (or both) have not been confirmed. This is what's happening here. Your bank received notice that you intended to pay the train company $X. They put an \"\"authorization hold\"\" on that $X, deducting it from your available balance but not your actual balance. The bank then, for whatever reason, declined to process the actual transaction (insufficient funds, suspicion of theft/fraud), but kept the hold in place in case the transaction was re-attempted. Holds for debit purchases usually expire between 1 and 5 days after being placed if the hold is not subsequently \"\"settled\"\" by the merchant providing definite proof of amount and authorization before that time. The expiration time mainly depends on the policy of the bank holding your account. Holds can remain in place as long as thirty days for certain accounts or types of payment, again depending on bank policy. In certain circumstances, the bank can remove a hold on request. But it is the bank, and not the merchant, that you must contact to remove a hold or even inquire about one.\""}
{"text": " How about no property should be tax exempt.  A church puts a heavy toll on the roads and other infrastructure. Surely they can afford to be paying property taxes, of all things.  If they're that broke, and many churches are, this would be the push off the cliff that so many of them deserve."}
{"text": " That's the foundation of Limited Liability.  There is a corporate veil that protects your personal assets from that of your business.  The corporate veil can be pierced if you do certain stuff and thus your personal assets will get effected.  This allows people to start companies and innovate more and take more risks knowing that they could not be personally liable if the business folds."}
{"text": " As I replied to someone else who said that:  I'm often having to send stuff with the check. Paperwork, a bill etc. While that would work to a person who knows me, it's usually not going to work with a business or government who needs to know why I'm sending this check."}
{"text": " \"As others have said, that's really just when losses got marked.  For example, let's say I buy a cupcake for $1, and someone else says \"\"hey, I want a cupcake too\"\", and tries to buy it from me for $1.50.  Then someone else bids it up to $2.  A baker says \"\"wow, there's a lot of demand for cupcakes\"\" and starts making cupcakes instead of bread.  Then someone says \"\"I should buy a cupcake, as they keep going up in value, even though I only really value the tastiness of a cupcake at $2.  I'll buy the cupcake for $2.50 and then sell it for $3!\"\"  Prices rise to $2.50.  More people do the same thing.  Cupcakes start going for $10 a cupcake, and tons of people are stopping whatever they were doing before and just baking cupcakes.  A few years down the road, cupcakes are selling for $15 a cupcake, and some people have many cupcakes as investments.  People are borrowing money to buy $15 cupcakes with the hopes that they will turn into $20 cupcakes.  Now, everyone is valuing their cupcakes at $15.  There are maybe a million people, and they average 1.5 cupcakes per person, so we thus claim that we have $22.5M in cupcakes.  Finally, someone says \"\"Wait a minute.  I have three cupcakes.  I don't actually want to eat *three* cupcakes, and we're running out of people to buy cupcakes.  I'm not sure that I'm going to be able to actually sell these to anyone.  I'll sell my $15 cupcakes for $14.70 and make a bit less money but be sure to sell the cupcakes.  And I really don't want to *eat* cupcakes at all if they cost $15/cupcake.\"\"  Everyone else repeats this, and cupcakes plummet to $0.50 in a month.  Now we value our total number of cupcakes at $750,000.  Now, did that month cause us to lose $21.75M in wealth?  Well, the way we were accounting for the cupcakes, certainly that's when we made the numbers reflect our assets not being $22.5M.  However, we'd actually produced far more expensive cupcakes than society wanted; the claim that we had $22.5M assumed that people would keep buying cupcakes based on past price increases rather than because they actually wanted cupcake.  I think that it would be also fair to claim that our wealth was never $22.5M in cupcakes, because there was never a point in time when even the total population wanted to spend $22.5M on the consumption of cupcake; instead, its purchasing was driven predominantly by the desire to gain from the appreciation of cupcake based on past appreciation.  The dark month when cupcakes fell is just when we realized that we didn't have $22.5M in cupcake value.\""}
{"text": " Royalties. (Once you start getting them.)"}
{"text": " Benjamin Grahams strategy was to invest in REALLY SAFE stocks. In his time lean businesses weren't as common as they are now and he found many companies with assets greater than the value of their shares. Putting a number figure on it isn't really necessary but the concept is useful. Its the idea that bigger companies are less turbulent (Which is something to avoid for an investor). Most companies in the top 500 or whatever will satisfy this."}
{"text": " Companies have this weird view of what their workers are doing: if you don't care that your employees get on Facebook at work, then you shouldn't care if they do it at home.  As a consultant who travels around I always laugh when companies only want you to keep track of what you work on when they are at home."}
{"text": " What somebody is paid is directly tied to the worth they generate for their employer.  Management consultants, investment bankers, etc actually generate significant value for their employer.  The supply of people that can do these types of jobs is fairly small.  Supply and demand sets salaries.  The largely government-sector jobs that Reich mentions require the theft of wealth from the private economy in order to staff.  Jobs that have true value to society, such as teachers, hospital staff, etc, can and do find private funding without government coercion.  The best teachers make hundreds of thousands, if not millions of dollars, in private educational institutions."}
{"text": " If ordinary income tax rates and contribution rates to tax-advantaged retirement accounts are held constant, It's net negative to the extent that the average retirement account return exceeds the risk-free rate. Rather than pushing money into Roth accounts, the government could leave traditional 401(k)s unchanged, borrow the difference in up-front tax revenue that it's foregoing by doing so, and repay that debt as the tax revenue from traditional 401(k) disbursements comes in. Net of interest on the additional debt, the latter strategy would increase the government's total tax revenue by an amount proportional to the average excess return of the affected retirement accounts, with essentially no downside (other than messaging) relative to the strategy that's being proposed.  Of course, in reality it's likely that retirement savings rates would decline as a result of the change, so that would partially offset the overall reduction in tax revenue. However, the downsides of reduced retirement savings rates arguably far outweigh that benefit. (That's why tax-advantaged retirement accounts exist in the first place.)"}
{"text": " You should consider Turbocash. It's a mature open-source project, installed locally (thick client)."}
{"text": " \"I kind of understand the \"\"basics\"\", and have done a couple (with the assistance of pre-made excel sheets haha), I just don't feel that I'm creating an actual valuable valuation when I do one. While on the topic though, do you know where an individual investor can calculate the cost of debt for the WACC? I've been looking on morningstar and search up that public company and take the average of the coupon on all outstanding bonds. I don't feel like that's very correct though :(\""}
{"text": " The Laffer curve is taught in like the first week of a macro Econ class. You could raise the tax rates to 99% and still collect less tax revenue than if they are at a reasonable rate. But of course there's no mention of that. So I'm gonna go out on a limb and call it what it really is: ideologues championing their agendas."}
{"text": " \"I find myself being very skeptical about robotics' use in society. I think robotics will splinter off into many different specifically designed forms. the \"\"irobot\"\" dream of a humanoid robot doing all the menial tasks that humans don't want to do will never happen. Instead, there will be robots designed for specific tasks, because that specific design will be better for that purpose than any generally designed robot will. Also, AI will solve most of the use cases that i see robotics used for and it will not require the expensive electronics and manufacturing required.\""}
{"text": " I'm interested in corporate finance. Can you recommend some great inexpensive online courses for financial modeling training? (maybe something that you took and highly recommend. If no, I'll look up for them myself) I want to get familiar with it first. Don't wanna spend too much and mess up."}
{"text": " Excellent question for a six year old! Actually, a good question for a 20 year old!  One explanation is a bit more complicated. Your son thinks that after the Christmas season the company is worth more. For example, they might have turned $10 million of goods into $20 million of cash, which increases their assets by $10 million and is surely a good thing. However, that's not the whole picture: Before the Christmas season, we have a company with $10 million of goods and the Christmas season just ahead, while afterwards we have a company with $20 million cash and nine months of slow sales ahead.  Let's say your son gets $10 pocket money every Sunday at 11am. Five minutes to 11 he has one dollar in his pocket. Five minutes past 11 he has 11 dollars in his pocket. Is he richer now? Not really, because every minute he gets a bit closer to his pocket money, and five past eleven he is again almost a week away from the next pocket money On the other hand... on Monday, he loses his wallet with $10 inside - he is now $10 poorer. Or his neighbour unexpectedly offers him to wash his car for $10 and he does it - he is now $10 richer.  So if the company got robbed in August with all stock gone, no insurance, but time to buy new stock for the season, they lose $10 million, the company is worth $10 million less, and the share price drops. If they get robbed just before Christmas sales start, they don't make the $20 million sales, so they are $10 million poorer, but they are $20 million behind where they should be - the company is worth $20 millions less, and the share price drops twice as much. On the other hand, if there is a totally unexpected craze for a new toy going on from April to June (and then it drops down), and they make $10 million unexpectedly, they are worth $10 million more. Expected $10 million profit = no increase in share price. Unexpected $10 million profit - increase in share price.  Now the second, totally different explanation. The share price is not based on the value of the company, but on what people are willing to pay. Say it's November and I own 100 shares worth $10. If everyone knew they are worth $20 in January, I would hold on to my shares and not sell them for $10! It would be very hard to convince me to sell them for $19!  If you could predict that the shares will be worth $20 in January, then they would be worth $20 now. The shareprice will not go up or down if something good or bad happens that everyone expects. It only goes up or down if something happens unexpectedly."}
{"text": " Run the numbers in advance. Understand what are the current rates for an additional 2nd mortgage, what are the rates for a brand new mortgage that will cover the additional funds. Understand what they are for another lender.  Estimate the amount of paperwork involved in each option (new first, new 2nd, and new lender). Ask the what are the options they can offer you. Because you have estimated the costs in money and time for the different options, you can evaluate the offer they make. What they offer you can range from everything you want to nothing you would accept. What they offer will depend on several factors: Do they care to keep you as a customer?; Do they expect you to walk away?; are they trying to get rid of mortgages like the one you have?; Can they make more money with the plan they are offering you? You will be interested in the upfront costs, the monthly costs, and the amount of time required for the process to be completed."}
{"text": " IANAL.  In the UK, you (as a Director) would have obligations to minimise any tax liabilities under these two clauses:  http://www.legislation.gov.uk/ukpga/2006/46/section/172  http://www.legislation.gov.uk/ukpga/2006/46/section/174  Although I can't see the CPS bringing any cases of criminal charge against over-payment of taxes. It wouldn't be unrealistic to have a scenario where shareholders of a failed enterprise sued a Director who was negligent in minimising tax liabilities.  That said, I think the Starbucks strategy is flagrantly breaching the intent of the law, if not the letter."}
{"text": " If the company reported a loss at the previous quarter when the stock what at say $20/share, and now just before the company's next quarterly report, the stock trades around $10/share. There is a misunderstanding here, the company doesn't sell stock, they sell products (or services). Stock/share traded at equity market. Here is the illustration/chronology to give you better insight:   Now addressing the question What if the stock's price change? Let say, Its drop from $10 to $1 Is it affect XYZ revenue ? No why? because XYZ selling ads not their stocks the formula for revenue revenue = products (in this case: ads) * quantity the equation doesn't involve capital (stock's purchasing)"}
{"text": " Fidelity, Charles Schwab, TDA, and just about every make online brokerage gives you massive amounts of free trades each year and when you sign up. Pretty much the same as 100+ free trades /yr over a 10 year period. Also, you get commission-free trade for the most popular ETFs, which is much more important.  Lastly, if you care about free trades, you're probably investing poorly. Non-professionals shouldn't be making that many non-ETF trades in a year. Professional traders wouldn't blink over a tiny $5-10 commission fee."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.vox.com/policy-and-politics/2017/8/18/16162234/regional-inequality-cause) reduced by 89%. (I'm a bot) ***** > In the contemporary United States, zoning restrictions that prevent adequate levels of house building mean that much of the higher incomes earned in rich states simply pass through in the form of higher housing costs.  > Two big shifts in migration and economics This set of four charts in Ganong and Shoag's paper tells the fundamental story - in the old days, there was a strong tendency for poor states' per capita incomes to grow faster than those of rich ones and an equally strong tendency for people to move away from poor states to go live in rich ones.  > The housing fix for regional inequality entails more rather than less concentration of economic activity in rich coastal metro areas.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ujy5s/the_real_driver_of_regional_inequality_in_america/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194007 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*: **state**^#1 **rich**^#2 **income**^#3 **move**^#4 **housing**^#5\""}
{"text": " For insurance pricing, it seems as though it doesn't matter all that much which group it is in if they are adjusting it based on just the Tesla data.  I imagine Tesla is more concerned about the perception.  They want to market the car as a safer vehicle to drive.  So if AAA came out and said the increase was due to repair costs, I doubt you'd hear anything from Tesla.  But AAA said that it is also due to accident frequency, which goes against Tesla's marketing strategy."}
{"text": " From the link posted in the other response, it looks like you with be charged 1.3% of the loan value for MMI.  With an 85% LTV loan, in effect, you are paying 1.3% for the 5% down payment you don't have. Let me offer this with a few numbers. $100K home, $85K loan. 1.3% of $85K is $1105/year in MMI. This is for the fact that you are missing the $5000 extra deposit to get to 80% LTV.  This is over 20% in cost for that missing money. Most credit cards are below this rate. If one were at a 95% LTV, I understand that it might be tough to raise the remaining money needed, but in this case, 5% is so close the fee cost actually becomes absurd."}
{"text": " \"As i see it, with a debit card, they   are taken kinda out of the game. They   are not lending money, it seems really   bad for them. Not exactly. It is true that they're not lending money, but they charge a hefty commission from the retailers for each swipe which is pure profit with almost no risk. One of the proposals considered (or maybe approved already, don't know) in Congress is to cap that hefty commission, which will really make the debit cards merely a service for the checking account holder, rather than a profit maker for the bank. On the other hand, it's   definitely good for individuals. I disagree with that. Debit cards are easier to use than checks, but they provide much less protection than credit cards. Here's what I had to say on this a while ago, and seems like the community agrees. But, why do we really need a credit   history to buy some of the more   expensive stuff Because the system is broken. It rewards people in debt by giving them more opportunities to get into even more debts, while people who owe nothing to noone cannot get a credit when they do need one. With the current system the potential creditor can only asses the risk of someone who has debt already, they have no way of assessing risks of someone with no debts. To me, all this credit card system   seems like an awfully nice way to make   loads of money, backed by governments   as well. Well, credit cards have nothing to do with it. It's the credit scores system that is broken. If we replace the \"\"card\"\" with \"\"score\"\" in your question - then yes, you're thinking correctly. That of course is true for the US, in other countries I have no knowledge on how the creditors assess the risks.\""}
{"text": " \"> Simply because there are cases of market failures, I do not therefore conclude that the market system is itself a failure.  No, but without a realistic mechanism to correct for them (especially ones with effects as broad reaching as the financial crisis) I don't see how \"\"free-markets\"\" can be compatible with liberty and justice.  If you're seeing some sort of mass organization of the public against market externalities that affect them then I'm afraid I missed that.  In my experience most people don't even understand the nature of the problems, let alone work together to mend them.  That's a shame you won't debate with people who hold opposing viewpoints, I was looking forward to the challenge of your air-tight refutation of \"\"collectivist systems\"\".\""}
{"text": " \"If this is truly hobby income (you do not intend to operate as a business and don't have a profit motive) then report the income on Line 21 (\"\"other income\"\") of form 1040.  If this is a business, then the income and expenses belong on a Schedule C to form 1040. The distinction is in the treatment of profits and losses - your net profits on a business are subject to self-employment tax, while hobby income is not. Net losses on a business are deductible against other income; net losses on a hobby are miscellaneous itemized deductions in the \"\"2%\"\" box on Schedule A.  From a tax point of view, selling apps and accepting donations are different. Arguably, donations are gifts; gifts are not taxable income.  The hobby/business and income/gift distinctions are tricky. If the dollar amounts are small, nobody (including the IRS) really cares. If you start making or losing a lot of money, you'll want to get a good tax person lined up who can help you decide how to characterize these items of income and expens, how to put them on your return, and how to defend the return on audit if necessary.\""}
{"text": " Lower fees are always better, everything else equal. A lower fee makes your transaction overall a better deal, all else equal.  Other transactions costs (like the SEC fee on sales) are mostly the same across brokers and there is unlikely to be any difference in execution quality either.  When comparing brokers be sure to consider the other issues: To me, most of these are minor issues.  For that reason, I'd say let transaction cost be your guide. I hear a lot of talk about the quality of the interface.  If you just want to buy or sell a stock, they are all pretty easy.  Some brokers have better tools for monitoring the market or looking at technical indicators, if you are into that."}
{"text": " I have been doing e-filing and I get the return in my account in 10 to 14 days over the past couple of years. It is worth the e-filing cost to get my money back a month faster."}
{"text": " 90% of economists agree that moving forward with production makes a society far better off as a whole even if it means short term job loss. Just think about all the employment changes that have taken place over the centuries. Clothing production, farming, transportation, plumbing just to name a few. Just imagine if we never used modern plumbing because we refused to lay off jack and Jill because it's their job to get the pale of water. This wil suck for the people that loose their job but overall this is just us growing as a society. This is worth reading.... https://en.m.wikipedia.org/wiki/Technological_unemployment"}
{"text": " \"[Google is your friend](http://lmgtfy.com/?q=How+does+the+distribution+of+wealth+compare+between+the+States+and+the+rest+of+the+free+world%3F+&l=1)  Scroll down to the section marked \"\"International Comparisons.\"\"  The short answer is, \"\"badly.\"\"  The reason, however, is that the US is a crazy rich nation where the richest people are _very_ rich, the poorest people are pretty damned poor, and the \"\"middle classes\"\" haven't gained a lot of wealth in the last 40 years.  These are fairly unique features of the US.  Most of the countries that are as unequal as the US are unequal due to access to important resources that are sold globally by well-connected important people.  Or Britain.\""}
{"text": " If that company issues another 100 shares, shouldn't 10 of those new 100 shares be mine? Those 100 shares are an asset of the company, and you own 10% of them. When investors buy those new shares, you again own a share of the proceeds, just as you own a share of all the company's assets. A company only issues new share to raise money - it is a borrowing from investors, and in that way can be seen as an alternative to taking on loans. Both share issuing and a loan bring new capital and debt into a company. The difference is that shares don't need to be repaid."}
{"text": " \"Bring resume copies, a pen, and a leather case (if possible).     Hold it in your left hand, you'll be shaking hands with your right.   Keep a tissue in your right pocket to keep your hand dry.   Don't take off your suit jacket, even if asked. You will be sweaty.   Ask for water from the secretary or admin at the front desk. Keep this water with you in the interview. If you need time to think, nervous, or just don't know what to do with your hands, hold the cup or sip. (I love this advice I was given. It's weird how it changes you to have something to hold.)  Stand when people enter the room to shake your hand.   Ask questions!  Ask \"\"what does day 30 and day 90 look like?\"\".  I'm not sure the internship works, but I'm sure you want to know where you are in a month, and a quarter or so later.   Know your hometown or college's trivia. What it is known for. It's like clockwork that I've had the person come into the interview and say to me \"\"so you're from _____,  those ______'s are looking good this year\"\".   Just be prepared to say \"\"yup, I love going to the games , but don't follow as closely now\"\".  Or anything. That statement will happen.   Are you clean cut, able to hold a conversation, and inquisitive?  That's all they want to know. At this level, they just want to make sure you don't embarrass the person hiring you.    Good luck!\""}
{"text": " It depends on where you live and how you can think out of the box on earning little extra income on the side. If  you live in North America and based on the needs in your city, you can try out these ideas. Here is what one of my friend has done,  The family has two kids and the wife started a home day care as she was already taking care of two kids anyways. Of course, she had to be qualified and she took the relevant child care classes and got certified, which took six months. And she is managing 4 kids in addition to her two kids bringing in at least 2000$ per month in addition. And my friend started a part time property management business on the side, with one client. For example there is always work on real estate whether its going up or going down. You have to be involved locally to increase your knowledge on real estate. You can be a property manager for local real estate investors. If its going down, you can get involved in helping people sell and buy real estate. Be a connector, bring the buyers and sellers together."}
{"text": " There is a company that will sell you single paper shares of stock for many companies and handle framing. But you pay a large premium over the stock price. Disney stopped doing paper share certificates a while ago, but you should be able to buy some of the old ones on eBay if you want."}
{"text": " \"The fact that women and elderly people work is actually bad for the economy: when half the population wasn't competing for labor, wages were higher. This isn't a gender thing, men could stay home-- it'd be cheaper than daycare, kids won't grow up institutionalized, could improve a house or raise livestock or something more productive than vacuous employment, etc.  You had to pay \"\"family men\"\" more than some guy with a kid across the country. By entering into labor competition, women drove down wages and fucked up a generation emotionally distant children.\""}
{"text": " Grocery coupon sites I use: http://www.coupons.com http://www.smartsource.com http://www.redplum.com"}
{"text": " I could see them taking over the old Intel campus in Hudson, or Suffolk Downs.. if there's space for an enormous casino, there's space for Amazon. the Globe speculated today they could also do something like the old NAS South Weymouth.  I think they will be tempted by the high end talent coming out of MIT, Harvard and the other top schools. Tufts and WPI are great engineering schools. Not just for engineering, but HBS, Sloan, and beyond that BC/BU/NU all have good management programs. There is also already a large footprint for Amazon here, particularly in the speech recognition area.  With GE, Massachusetts has already signaled willingness to commit to tax breaks to lure prestige businesses.  Realistically Boston and Toronto are the only places that checks all their boxes, short of Silicon Valley. Austin, Denver and Minneapolis might also compete if the public transportation requirement isn't strict."}
{"text": " I'm not sure if there are nuances between countries and appreciate your question is specifically about the US, but in the UK, mobile phone contracts, including SIM only, as seen by the chat in this experion website chat shows that mobile contracts are included in credit ratings for 6 years."}
{"text": " So you're telling me you can't commute upwards of one hour away from your work to find affordable housing? That is what Californians do.   High-price houses are a convenience based on location, you can easily find great deals if you're willing to remove convenience."}
{"text": " Pay off your highest-interest debt first: credit card, car, maybe even mortgage. Pay minimums on all else. Student loans are typically low interest, so pay off anything else first, but double-check your rate of course.  Even if you have no other debt, you may still want to hang on to your savings instead of paying down your student loans if getting rid of your savings causes you to accrue debt. For example, if you have a low income and no savings, you may accrue credit card debt (high interest). Or you may want to buy a car with cash instead of getting a loan. Even if this is not an issue, consider what you can do with your savings that others who lack them cannot do. You can put it into mutual funds, which may offer higher rate of return (albeit with risk) than your student loan interest. Or you may pay a down payment on a home. The very low interest rates of student loans are, to a person with savings, essentially a source of cheap money that doesn't need to be justified to a bank. You can use it as seed money to start a business, as funds for travel, for living expenses while in the Peace Corps, or whatever else. But if you pay down that principal, you bind yourself. In short, pay down your student loans when there is no better use for the money."}
{"text": " Put \u00a350 away as often as possible, and once it's built up to \u00a3500, invest in a stockmarket ETF. Repeat until you retire."}
{"text": " Gift taxes kick in at around $13K per giver per recipient per year. That means that a straight up gift of $200K (as cash or a house) will incur a tax. It is possible, however, that if the father has a spouse, he and the spouse could each give the mother and each child the full gift limit, for a total of about $78K per year, and that money could be used by all 3 of them to buy the house jointly, over a couple of years. I think the children would have to be on the title, since part of the gift money would be theirs (and one is an adult). As far as lending the money, my in-laws are our mortgage lenders, and when we structured the loan, it had to be at a market rate (which could be the lowest advertised rate we found for a fixed-rate mortgage, independent of what we might actually qualify for) or we could not deduct interest payments. Forgiving the loan could also be considered a gift, so they would need to keep an audit trail showing that payments were made, and her father would need to declare the interest income on his taxes. If he bought the house as a second home and let her and her children live there rent-free, it might work, but I'm not sure. It would, in that case, be an asset of his estate when he dies. I don't know anything about structuring it as a trust. Free rent could conceivably also be construed as a gift, subject to the limits stated above. Disclaimer: Not a tax professional."}
{"text": " \"What you're describing is a non-deductible traditional IRA.  That is what happens when your employer 401K or your high income disqualifies gou from using a traditional IRA the normal way.   Yes, non-deductible traditional IRAs are stupid.**   Now let's be clear on the mechanism behind the difference.  There's an axiom of tax law that the same money can't be taxed twice.  This is baked so deep into tax law that it often isn't even specified particularly.  The IRS is not allowed to impose tax on money already taxed, i.e. The original contribution on an ND Trad IRA.  So this is not a new kind of IRA, it is simply a Trad IRA with an asterisk.  **But then, some say so are deductible traditional IRAs when compared to the Roth.   The real power of an ND Trad IRA is that it can be converted to Roth at all income levels.  This is called the \"\"Roth Backdoor\"\".  It combines three factors. Contribute to an ND Trad IRA, stick it in a money market/sweep fund, and a week later convert to Roth, pay taxes on the 17 cents of growth in the sweep fund since the rest was already taxed.  The net effect is to work the same as a Roth contribution - not tax deductible, becomes a Roth, and is not taxed on distribution.   If you already have traditional IRA money that you contributed that wasn't taxed, this really screws things up.  Because you can't segment or LIFO your IRA money, the IRS considers it one huge bucket, and requires you draw in proportion. EEK! Suppose you contribute $5000 to an IRA in a non-deductible mode.  But you also have a different IRA funded with pretax money that now has $45,000.   As far as IRS is concerned, you have one $50,000 IRA and only $5000 (10%) is post-tax.   You convert $5000 to Roth and IRS says 90% of that money is taxable, since it's the same pool of money.  You owe taxes on all of it less the $500 fraction that was pre-taxed, and $4500 of already-taxed IRA remains in the account.  The math gets totally out-of-hand after just a couple of conversions.   Your best bet is to convert the whole shebang at one time -- and to avoid a monstrous tax hit, do this in a gap year.\""}
{"text": " I've heard that B&N also OWNS the property of the bookstore itself, so there are other benefits beyond selling books. Most other book stores simply rented the property, which means they HAD to make quote for sales.   I love browsing book stores, but it's SO much more convenient, faster and cheaper to buy online, half.com or amazon are my gotos for when I know what book I want."}
{"text": " \"Sorry buddy, you don't get to say you're wrong when your models are consistently proven inaccurate. It is demonstrative of a fundamental flaw in methodology.   If you want to throw around statistical anylaysis it behooves you to verify and critique those models.   >hey, look at all these facts, well researched figures, and data that gets someone to this conclusion  I didn't say that. I said oh hey look someone trying to stand on Nate Silver's shoulders, as if his methodologies and analysys weren't the laughing stock of the previous election.   The other \"\"statistics\"\" was one poorly done histogram from a loosely related study offered as evidence to support an opinion piece.   That's what you don't get. You're bought into a world with a substantial cognitive dissonance and then you try to swing science around as if it supports your beliefs when it doesn't.  >From your understanding of the processes, to random sampling, to what stastical models represent, to facts in and of themselves.  Explain to me how the methodology for an exit poll is substantially different from the methodology for a prediction poll, other than the obvious \"\"everyone is a likely voter.\"\"   That being said I think the numbers are representative of the voting trends ( the silver one, the other one is to small) from the exit polls because they don't get to play with the voter model, my critique is against the logical leap that one must be unintelligent or uninformed to have voted for Trump. There is no evidence for that. Only your ad hominem attacks.  The arguement is that those willing to manipulate their models to make a conclusion evident shouldn't be trusted to make reaching conclusions about the state of the electorate when they hold obvious bias.\""}
{"text": " Your gain is $1408. The difference between 32% of your gain and 15% of your gain is $236.36 or $1.60 per share. If you sell now, you have $3957.44 after taxes.  Forget about the ESPP for a moment. Are you be willing to wager $4000 on the proposition that your company's stock price won't go down more than $1.60 or so over the next 18 months? I've never felt it was worth it. Also, I never thought it made much sense to own any of my employer's stock. If their business does poorly, I'd prefer not to have both my job and my money at risk. If you sell now: Now assuming you hold for 18 months, pay 15% capital gains tax, and the stock price drops by $1.60 to $23.40:"}
{"text": " open a bank account  under the business name and put tthe money in there  You can probably simply speak to the banker about having a business account and  setting aside money for taxes,, etc  no rocket science there  just don't  lie about  your income is most important,   or many  It's not how much you make its how much you deposit in a bank, that's the first thing   the tax man might look at IMO"}
{"text": " Interesting, I know a fair few doctors and lawyers (heck my fiance is a doctor) and it's not that common to earn more than $300k at 30 years old. Maybe it's more common at 50+? I know for doctors it's all dependent on your specialty, for example it's pretty common for surgeons to earn more than $300k but not so much for specialists in other fields such as palliative care or general practitioners. Then again I don't live in America so maybe it's different there."}
{"text": " \"There are many different kinds of SEC filings with different purposes.  Broadly speaking, what they have in common is that they are the ways that companies publicly disclose information that they are legally required to disclose.  The page that you listed gives brief descriptions of many types, but if you click through to the articles on individual types of filings, you can get more info. One of the most commonly discussed filings is the 10-K, which is, as Wikipedia says, \"\"a comprehensive summary of a company's financial performance\"\".  This includes info like earnings and executive pay. One example of a form that some people believe has potential utility for investors is Form 4, which is a disclosure of \"\"insider trading\"\".  People with a privileged stake in a company (executives, directors, and major shareholders) cannot legally buy or sell shares without disclosing it by filing a Form 4.  Some people think that you can make use of this information in the sense that if, for instance, the CEO of Google buys a bunch of Twitter stock, they may have some reason for thinking it will go up, so maybe you should buy it too.  Whether such inferences are accurate, and whether you can garner a practical benefit from them (i.e., whether you can manage to buy before everyone else notices and drives the price up) is debatable. My personal opinion would be that, for an average retail investor, readng SEC filings is unlikely to be useful.  The reason is that an average retail investor shouldn't be investing in individual companies at all, but rather in mutual funds or ETFs, which typically provide comparable returns with far less risk.  SEC filings are made by individual companies, so it doesn't generally help you to read them unless you're going to take action related to an individual company.  It doesn't generally make sense to take action related to an individual company if you don't have the time and energy to read a large number of SEC filings to decide which company to take action on.  If you have the time and energy to read a large number of SEC filings, you're probably not an average retail investor.  If you are a wheeler dealer who plays in the big leagues, you might benefit from reading SEC filings.  However, if you aren't already reading SEC filings, you're probably not a wheeler dealer who plays in the big leagues. That said, if you're a currently-average investor with big dreams, it could be instructive to read a few filings to explore what you might do with them.  You could, for instance, allocate a \"\"play money\"\" fund of a few thousand dollars and try your hand at following insider trades or the like.  If you make some money, great; if not, oh well.  Realistically, though, there are so many people who make a living reading SEC filings and acting on them every day that you have little chance of finding a \"\"diamond in the rough\"\" unless you also make a living by doing it every day. It's sort of like asking \"\"Should I read Boating Monthly to improve my sailing skills?\"\"  If you're asking because you want to rent a Hobie Cat and go for a pleasure cruise now and then, sure, it can't hurt.  If you're asking because you want to enter the America's Cup, you can still read Boating Monthly, but it won't in itself meaningfully increase your chances of winning the America's Cup.\""}
{"text": " \"The answer to the question, can I exercise the option right away? depends on the exercise style of the particular option contract you are talking about. If it's an American-style exercise, you can exercise at any moment until the expiration date. If it's an European-style exercise, you can only exercise at the expiration date. According to the CME Group website on the FOPs on Gold futures, it's an American-style exercise (always make sure to double check this - especially in the Options on Futures world, there are quite a few that are European style): http://www.cmegroup.com/trading/metals/precious/gold_contractSpecs_options.html?optionProductId=192#optionProductId=192 So, if you wanted to, the answer is: yes, you can exercise those contracts before expiration. But a very important question you should ask is: should you? Option prices are composed of 2 parts: intrinsic value, and extrinsic value. Intrinsic value is defined as by how much the option is in the money. That is, for Calls, it's how much the strike is below the current underlying price; and for Puts, it's how much the strike is above the current underlying price. Extrinsic value is whatever amount you have to add to the intrinsic value, to get the actual price the option is trading at the market. Note that there's no negative intrinsic value. It's either a positive number, or 0. When the intrinsic value is 0, all the value of the option is extrinsic value. The reason why options have extrinsic value is because they give the buyer a right, and the seller, an obligation. Ie, the seller is assuming risk. Traders are only willing to assume obligations/risks, and give others a right, if they get paid for that. The amount they get paid for that is the extrinsic value. In the scenario you described, underlying price is 1347, call strike is 1350. Whatever amount you have paid for that option is extrinsic value (because the strike of the call is above the underlying price, so intrinsic = 0, intrinsic + extrinsic = value of the option, by definition). Now, in your scenario, gold prices went up to 1355. Now your call option is \"\"in the money\"\", that is, the strike of your call option is below the gold price. That necessarily means that your call option has intrinsic value. You can easily calculate how much: it has exactly $5 intrinsic value (1355 - 1350, undelrying price - strike). But that contract still has some \"\"risk\"\" associated to it for the seller: so it necessarily still have some extrinsic value as well. So, the option that you bought for, let's say, $2.30, could now be worth something like $6.90 ($5 + a hypothetical $1.90 in extrinsic value). In your question, you mentioned exercising the option and then making a profit there. Well, if you do that, you exercise your options, get some gold futures immediately paying $1350 for them (your strike), and then you can sell them in the market for $1355. So, you make $5 there (multiplied by the contract multiplier). BUT your profit is not $5. Here's why: remember that you had to buy that option? You paid some money for that. In this hypothetical example, you payed $2.30 to buy the option. So you actually made only $5 - $2.30 = $2.70 profit! On the other hand, you could just have sold the option: you'd then make money by selling something that you bought for $2.30 that's now worth $6.90. This will give you a higher profit! In this case, if those numbers were real, you'd make $6.90 - $2.30 = $4.60 profit, waaaay more than $2.70 profit! Here's the interesting part: did you notice exactly how much more profit you'd have by selling the option back to the market, instead of exercising it and selling the gold contracts? Exactly $1.90. Do you remember this number? That's the extrinsic value, and it's not a coincidence. By exercising an option, you immediately give up all the extrinsic value it has. You are going to convert all the extrinsic value into $0. So that's why it's not optimal to exercise the contract. Also, many brokers usually charge you much more commissions and fees to exercise an option than to buy/sell options, so there's that as well! Always remember: when you exercise an option contract, you immediately give up all the extrinsic value it has. So it's never optimal to do an early exercise of option contracts and individual, retail investors. (institutional investors doing HFT might be able to spot price discrepancies and make money doing arbitrage; but retail investors don't have the low commissions and the technology required to make money out of that!) Might also be interesting to think about the other side of this: have you noticed how, in the example above, the option started with $2.30 of extrinsic value, and then it had less, $1.90 only? That's really how options work: as the market changes, extrinsic value changes, and as time goes by, extrinsic value usually decreases. Other factors might increase it (like, more fear in the market usually bring the option prices up), but the passage of time alone will decrease it. So options that you buy will naturally decrease some value over time. The closer you are to expiration, the faster it's going to lose value, which kind of makes intuitive sense. For instance, compare an option with 90 days to expiration (DTE) to another with 10 DTE. One day later, the first option still has 89 DTE (almost the same as 90 DTE), but the other has 9 DTE - it relatively much closer to the expiration than the day before. So it will decay faster. Option buyers can protect their investment from time decay by buying longer dated options, which decay slower! edit: just thought about adding one final thought here. Probabilities. The strategy that you describe in your question is basically going long an OTM call. This is an extremely bullish position, with low probability of making money. Basically, for you to make money, you need two things: you need to be right on direction, and you need to be right on time. In this example, you need the underlying to go up - by a considerable amount! And you need this to happen quickly, before the passage of time will remove too much of the extrinsic value of your call (and, obviously, before the call expires). Benefit of the strategy is, in the highly unlikely event of an extreme, unanticipated move of the underlying to the upside, you can make a lot of money. So, it's a low probability, limited risk, unlimited profit, extremely bullish strategy.\""}
{"text": " Almost certainly not on these councils, which are for little more than show. I believe one of the members of this council said this week that they've never actually even had a meeting.  So he's having trouble holding on to people who are only symbolically part of the administration and don't even have to do anything."}
{"text": " \"This is the best tl;dr I could make, [original](https://medium.com/@simon.sarris/after-universal-basic-income-the-flood-217db9889c07) reduced by 97%. (I'm a bot) ***** > We have at least hints from current behavior that UBI may be fundamentally attacking the wrong problem and I think many UBI advocates under-appreciate this.  > If the total UBI system cost as a percent of tax receipts becomes large, UBI may preclude these things from ever being built.  > I have a big list of pro/con worked out for Basic Jobs/Agriculture, which will eventually be Part 2.I would be happy to read any thoughts, especially about uncommon UBI plusses or alternatives.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/788a7w/after_universal_basic_income_the_flood/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233563 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*: **UBI**^#1 **people**^#2 **money**^#3 **more**^#4 **problem**^#5\""}
{"text": " \"Is any article painting a company's policies in a positive light by difinition a \"\"spin piece\"\"? Costco has been paying their employees more than their competitors for ages as it leads to better productivity and less turnover. Try looking at the world in a less cynical light, you'll be happier for it.\""}
{"text": " Give this a try https://www.catalogchoice.org/ I started using it about 6 months ago and my junk mail intake has lowered dramatically! About the only thing I get regularly are stupid cash advance checks from companies I have credit cards with."}
{"text": " I am under the impression these comments are where we put our subjective thoughts. Kind of like how all of your comments are subjective as well.   I have not heard Trump express such thoughts. Regardless, what he says is always meaningless pandering."}
{"text": " theres nothing you could probably do but hold an intervention or something, and i dont even know how effective that is. maybe gamblers anonymous? im not really sure this is the subreddit for this kind of question."}
{"text": " The easiest way to get started on a budget is just to track where you spend your money. If you have set bills each month I would make a category for each of those to make sure you have enough to pay. You can try and split up the remaining income into categories but the easiest way to start is just to track your spending for a month or two. This gives you a birds eye view of what is actually realistic. Start with that total as your preliminary budget and then adjust as you go along to meet other financial goals. We use neobudget.com for tracking our income."}
{"text": " In a process called collateralization, your mortgage is combined with others to form a security that other can invest in. When done right, this process provides liquidity, more money to be lent for more loans. When done wrong, bad things happen.  My mortgage happens to be held by the issuing bank. Yours was sold into such a pool of mortgages. One effect of this is the reselling of the servicing of the loan. I've had other mortgages that were sold every year, but I never paid ahead. With this bank, I'm on my fifth refinance, but the bank keeps the loan in house no matter what. I don't know if there's any correlation, it depends on the originating bank, in my opinion."}
{"text": " Floyd Mayweather isn't wealthy???? Wtf are you talking about? Forbes puts his net worth somewhere near 400M. That's not all in liquid assets he can just hand to the IRS (which would be stupid if they were liquid). The guy has houses, cars, jets, boats, planes, businesses. Wtf? The guy has made himself into one of the best boxers and promoters on the planet, he'll be rich off of boxing forever.  He has tax liability, i'm not sure why but it's not crippling for a guy who in a month will make literally 10x his liability in one day. If $500M isn't wealthy... no stop, it's insanely wealthy. Y'all are just bonkers."}
{"text": " The catch is in the Premium amount you pay. In a pure term insurance, there is no survival benefit. You get paid only for the event, i.e. when you die during the policy term, the sum assured is paid to your nominee. The money back on the other hand, charges a huge premium, typically 5X more than the pure term, part of it is for the risk cover. The balance is then invested in safe instruments and at the end if you survive you would get that money. Typical calculations would show that if you had yourself invested the difference in premium even in CD's you would get much more money back. The reason this product is available in the market is more of people cannot part with money when they don't get anything back. To these vast majority, it looks like insurance company is taking all their money and doesn't give them back if they survive. Hence to make it seem better to these vast majority, there is money back. Hence people all over the world buy these policy much more than a pure term policy."}
{"text": " Without getting to hung-up on terminology here, the management of a company will often attempt to keep stock prices high because of a number of reasons: Ideally companies keep prices up through performance.  In some cases, you'll see companies do other things spending cash and/or issuing bonds to continue to pay dividends (e.g. IBM), or spending cash and/or issuing bonds to pay for stock buybacks (e.g. IBM).  These methods can work for a time but are not sustainable and will often be seen as acts of desperation.  Companies that have a solid plan for growth will typically not do much of anything to directly change stock prices. Bonds are a bit different because they have a fairly straight-forward valuation model based on the fact that they pay out a fixed amount per month.  The two main reason prices in bonds go down are: The key here is that bonds pay out the same thing per month regardless of their price or the price of other bonds available.  Most stocks do not pay any dividend and for much of those that do, the main factor as to whether you make or lose money on them is the stock price. The price of bonds does matter to governments, however.  Let's say a country successfully issued some 10 year bonds last year at the price of 1000.  They pay 1% per month (to keep the math simple.)  Every month, they pay out $10 per bond.  Then some (stupid) politicians start threatening to default on bond payments.  The bond market freaks and people start trying to unload these bonds as fast as they can.  The going price drops to $500.  Next month, the payments are the same.  The coupon rate on the bonds has not changed at all.  I'm oversimplifying here but this is the core of how bond prices work. You might be tempted to think that doesn't matter to the country but it does.  Now, this same country wants to issue some more bonds.  It wants to get that 1% rate again but it can't.  Why would anyone pay $1000 for a 1% (per month) bond when they can get the exact same bond with (basically) the same risks for $500?  Instead they have to offer a 2% (per month) rate in order to match the market price. A government (or company) could in fact put money into the bond market to bolster the price of it's bonds (i.e. keep the rates down.)  The problem is that if you are issuing bonds, it's generally (caveats apply) because you need cash that you don't have so what money are you going to use to buy these bonds?  Or in other words, it doesn't make sense to issue bonds and then simply plow the cash gained from that issuance back into the same bonds you are issuing.  The options here are a bit more limited.  I have to mention though that the US government (via a quasi-governmental entity) did actually buy it's own bonds.  This policy of Quantitative Easing (QE) was done for more complicated reasons than simply keeping the price of bonds up."}
{"text": " \"I've seen some Chipotles where you can see the McDonald's ownership coming through in a big way. Some of their employees just have a massive case of \"\"don't give a fucks\"\" that's usually not the type of people you want handling raw chicken.\""}
{"text": " Obviously the only way to have good credit is by owing money, and making payments as scheduled. To do this I would do everything I could to place all of your required expenses on a credit card. This can include paying rent, food, transportation, etc.  These are all payments that you already make, but simply move then through a different payment vehicle. It sounds like at this time you may not have a credit card that allows you to do this, but I would watch out for those cards that come in via mail with all kinds of special deals. While you have not mentioned if you have any of this, make sure that you keep up with your past debt and negotiate repayment if needed. Once your credit improves, you should begin to see doors opening that are problems now."}
{"text": " Masai Auto City is a trustable place, from where you can buy active used car which is certified by our expert team. If you have to buy the second hand and want to save the money, then you should come here and visit our place. We have more than 1000 thousand insisted car that is every our car dynamic and awesome in condition Skudai used car. We offer you most noticeable second hand that is all around ensured the vehicle from our ruler gathering, they check the car. The Masai Auto City is a decent open door for those individuals who need to spare the cash and purchase second hand auto in the best condition."}
{"text": " Don't remember the exact details but I recall watching in class a video about a Chinese company that had (at least at some point) had a refrigerator manufacturing plant on the East Coast (Virginia?) because the skilled labor was indeed cheaper than China."}
{"text": " It can be done, but I believe it would be impractical for most people - i.e., it would likely be cheaper to fly to Europe from other side of the world to handle it in person if you can.  It also depends on where you live. You should take a look if there are any branches or subsidiaries of foreign banks in your country - the large multinational banks most likely can open you an account in their sister-bank in another country for, say, a couple hundred euro in fees."}
{"text": " I dont remember the specifics, but basically I have been staying away from sears for years (passively, not like an intentional boycott) because of the poor customer service my friends and I have experienced (believe it was with either with returns, or with store credit card).  Apparently they still suck majorly: http://www.resellerratings.com/store/Sears"}
{"text": " \"This is the best tl;dr I could make, [original](http://www.washingtonsblog.com/2017/09/real-reason-wages-stagnated-economy-optimized-financialization.html) reduced by 84%. (I'm a bot) ***** > Each of these dynamics may well exacerbate the trend, but they all dodge the dominant driver of wage stagnation and rise income-wealth inequality: our economy is optimized for financialization, not labor/earned income.  > What does our economy is optimized for financialization mean? It means that capital and profits flow to the scarcities created by asymmetric access to information, leverage and cheap credit-the engines of financialization.  > As for selling one's labor in an economy optimized for capital and the asymmetries of finance-there's no premium for labor in such an economy, other than technical/managerial skills required by finance to exploit markets.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6z41av/the_real_reason_wages_have_stagnated_our_economy/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~207199 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*: **economy**^#1 **labor**^#2 **financialization**^#3 **flow**^#4 **credit**^#5\""}
{"text": " On your credit report make sure that each debt included in bankruptcy is marked as discharged. After a bankruptcy case discharge you are free from debts that were included in your bankruptcy case. Credit card debt, medical bills and old taxes are common debts that you will no longer be responsible for. Court records that are of high importance are to keep a copy of your bankruptcy records."}
{"text": " Utilizing a GPS vehicle tracking and fleet management system is not an issue of questioning the dedication of your workers towards the organization. Then again, a compelling checking has regularly brought about change of profitability, fuel productivity and work hour use."}
{"text": " \"What you're pretty systematically failing to appreciate is the **pain** felt by people during structural unemployment.  Yes, they should get an education, but guess what, they're probably too old for it to be worth or so far behind on the education ladder that it'd be a real struggle.  Maybe they should move to a city where there are jobs, but moving is expensive and so is living in a city.  The libertarian arguments here have the same problem as the (more extreme) arguments about civil rights.  Yes, the \"\"equilibrium\"\" will converge to a society without discrimination, where people get educated because low-skilled jobs don't pay much anymore, etc.  But those arguments completely neglect the pain of getting from here to there.  Maybe you think the government always screws things up (despite pretty glaring arguments to the contrary), and maybe you think the free market always ends up with the most efficient solution (despite some pretty glaring examples to the contrary), but that still doesn't mean that inefficient government programs that cost the future (GDP, whatever that means) can't be an appropriate means of reducing the overall suffering of the populace in both the short and long term.\""}
{"text": " I think we should all just boycott our student debt. We were sold useless degrees with promises of jobs that don't exist, for triple the inflation rate. Cut us a better deal or fuck off, and take back your barely used $500 textbooks while you're at it. Enough of this shit, white or black."}
{"text": " When you are putting your money in an index fund, you are not betting your performance against other asset classes but rather against competing investments withing the SAME asset class. The index fund always wins due to two factors: diversity, and lower cost.  The lower cost attribute is essentially where you get your performance edge over the longer run. That is why if you look at the universe of mutual funds (where you get your diversification), very few will have beaten the index, assuming they have survived. -Ralph Winters"}
{"text": " when you are that big you typically run a hybrid environment with a mix of public and private cloud environments. At that scale it becomes more cost efficient to build and operate on your own hardware while bursting public cloud resources on demand"}
{"text": " \">But Facebook, which claims more than 900 million members, had 158 million unique visitors to its site in April, according to researcher ComScore, up just 5% from a year ago. That compares with year-over-year growth rates of 89% in April 2010.  So, about 1 in 6 users (~16%) visited facebook during a particular (recent) month.  The other 5 of 6 (~83%) of users didn't visit during that month...  Hmmm...  Sounds like a lot of relatively dead/fairly inactive accounts/users to me\\*.  And the thing is that -- different than other social sites like LinkedIn (which is in a lot of ways an \"\"online resume\"\" & business contact database) -- facebook pretty much NEEDS continuous and regular use (that's the premise that their whole model, especially advertising-wise, is built on, if FB reverts to people simply using it to maintain a once or twice a year \"\"update\"\" on movements of friends {i.e. it becomes the equivalent of a Xmas card list storage site} then it's potential \"\"value\"\" diminishes rather dramatically).  >Also, the social network is testing ways to allow those under 13, currently prohibited, to participate with parental supervision.  Which seems (from a cynical perspective anyway) to be a sign that they are potentially getting \"\"desperate\"\" to maintain the purported \"\"growth\"\" in number of users. (And in a certain sense, they are doing what all companies with \"\"saturated\"\" markets do... a futile attempt to pull future demand into the present; which of course -- to the extent that it succeeds anyway -- really just moves the inevitable \"\"dropoff\"\" that much closer.)  ---  \\* EDIT: And in addition (not surprisingly) it looks like Pareto principle, which tends to be recursive.. Of the roughly 20% (~16%) \"\"unique\"\" visitors during the month, probably the majority of them (roughly 80% of the 16%) engaged in minimal activity, with only some 20% of it (and thus somewhere round 3.2%~4%) of the total user base being truly \"\"active\"\", and then again, probably only 20% of *that* (maybe at or under 1%) were of the *hyper*-\"\"active\"\" users that everyone thinks facebook'ers are.\""}
{"text": " Bedford, TX is known as The Center because it quite literally sits at the heart of the Dallas/Fort Worth Metroplex. It is a typical Texan neighborhood that was designed with families in mind\u2013 close to schools, hospitals, and churches as well as amusement and leisure centers."}
{"text": " \"According to this post on TurboTax forums, you could deduct it as an \"\"Unreimbursed Employee\"\" expense. This would seem consistent with the IRS Guidelines on such deductions: An expense is ordinary if it is common and accepted in your trade, business, or profession. An expense is necessary if it is appropriate and helpful to your business. An expense does not have to be required to be considered necessary. Office rent is not listed explicitly among the examples of deductible unreimbursed employee expenses, but this doesn't mean it's not allowed.  Of course you should check with a tax professional if you want to be sure.\""}
{"text": " > That there are more jobs today isn't a convincing argument.  You yourself said that automation means there is a net loss in jobs.  If that were true, there would be less jobs now than in 1900.  But the opposite is true.  Products are more efficiently reaching the consumer.  This means more people are buying more things.  This means producers have to hire more people or buy more raw materials.  Lets go with a real classic example.  Lets say that you and myself make sewing needles.  We both do it by hand, because in this example we are at the dawn of the industrial revolution, making a needle at a time.  Now lets say I figure out a way to make a machine that makes 100 needles in the time it took me to make 1, and because less of my time is going into each needle I can sell them cheaper.  I am now able to reach more stores than before to sell my sewing needles.  I have to hire some more people to make deliveries because I can only do so much by myself.  Now I also grow to the point of having to buy another machine because my business is booming.  People love my sewing needles.  But I can't man 2 machines, so I hire in another person.  Now I have more people making deliveries, and I no longer deliver myself because I am better at making needles than delivering them.  The guys supplying me with the metal to make the needles also had to hire some people to keep up with my demand.  And the people mining the metal for my needles also had to hire another miner.  This may sound like a made up story, but this sort of thing was going on at this time.    The argument that automation kills jobs has been around since before the industrial revolution.  * How much would your cell phone be if we were still using horse and cart to deliver goods?  * Would your mother/sister/girlfriend/wife/Yourself (if you are a girl) be able to have a full time job if they did not have a washing machine, iron, vacuum cleaner, other appliances?  * What kind of selection in the grocery store would you have if the tractor was never used?"}
{"text": " I'm talking more corporate cartels, like the oil cartel, the banking cartel, the military and health care cartels, the telecomm cartel, etc. While government remains a cheap middleman that they can push around, a government is still the ONLY thing standing in the way of the population against profit-seeking psychopaths."}
{"text": " Will buying a flat which generates $250 rent per month be a good decision? Whether investing in real estate is a good decision or not depends on many things, including the current and future supply/demand for rental units in your particular area. There are many questions on this site about this topic, and another answer to this question which already addresses many risks associated with owning property (though there are also benefits to consider). I just want to focus on this point you raised: I personally think yes, because rent adjusts with inflation and the rise in the price of the property is another benefit. Could this help me become financially independent in the long run since inflation is getting adjusted in it? In my opinion, the fact that rental income general adjusts with 'inflation' is a hedge against some types of economic risk, not an absolute increase in value. First, consider buying a house to live in, instead of to rent:  If you pay off your mortgage before your retire, then you have reduced your cost of accommodations to only utilities, property taxes, and repairs. This gives you a (relatively) known, fixed requirement of cash outflows. If the value of property goes up by the time you retire - it doesn't cost you anything extra, because you already own your house. If the value of property goes down by the time you retire, then you don't save anything, because you already own your house. If you instead rent your whole life, and save money each month (instead of paying off a mortgage), then when you retire, you will have a larger amount of savings which you can use to pay your monthly rental costs each month. By the time you retire, your cost of accommodations will be the market price for rent at that time. If the value of property goes up by the time you retire - you will have to pay more on rent. If the value of property goes down by the time you retire, you will save money on rent. You will have larger savings, but your cash outflow will be a little bit less certain, because you don't know what the market price for rent will be. You can see that, because you need to put a roof over your own head, just by existing you bear risk of the cost of property rising. So, buying your own home can be a hedge against that risk. This is called a 'natural hedge', where two competing risks can mitigate each-other just by existing. This doesn't mean buying a house is always the right thing to do, it is just one piece of the puzzle to comparing the two alternatives [see many other threads on buying vs renting on this site, or on google]. Now, consider buying a house to rent out to other people:  In the extreme scenario, assume that you do everything you can to buy as much property as possible. Maybe by the time you retire, you own a small apartment building with 11 units, where you live in one of them (as an example), and you have no other savings. Before, owning your own home was, among other pros and cons, a natural hedge against the risk of your own personal cost of accommodations going up. But now, the risk of your many rental units is far greater than the risk of your own personal accommodations. That is, if rent goes up by $100 after you retire, your rental income goes up by $1,000, and your personal cost of accommodations only goes up by $100. If rent goes down by $50 after you retire, your rental income goes down by $500, and your personal cost of accommodations only goes down by $50. You can see that only investing in rental properties puts you at great risk of fluctuations in the rental market. This risk is larger than if you simply bought your own home, because at least in that case, you are guaranteeing your cost of accommodations, which you know you will need to pay one way or another. This is why most investment advice suggests that you diversify your investment portfolio. That means buying some stocks, some bonds, etc.. If you invest to heavily in a single thing, then you bear huge risks for that particular market. In the case of property, each investment is so large that you are often 'undiversified' if you invest heavily in it (you can't just buy a house $100 at a time, like you could a stock or bond). Of course, my above examples are very simplified. I am only trying to suggest the underlying principle, not the full complexities of the real estate market. Note also that there are many types of investments which typically adjust with inflation / cost of living; real estate is only one of them."}
{"text": " \"A simple way to ask the question might be to say \"\"why can't I just use the same trick with my own shares to make money on the way down? Why is borrowing someone else's shares necessary to make the concept a viable one? Why isn't it just the inverse of 'going long'?\"\" A simple way to think about it is this: to make money by trading something, you must buy it for less than you sell it for.  This applies to stocks like anything else.  If you believe the price will go up, then you can buy them first and sell them later for a higher price.  But if you believe the price will go down, the only way to buy low and sell high is to sell first and buy later.  If you buy the stock and it goes down, any sale you make will lose you money. I'm still not sure I fully understand the point of your example, but one thing to note is that in both cases (i.e., whether you buy the share back at the end or not), you lost money.  You say that you \"\"made $5 on the share price dropping\"\", but that isn't true at all: you can see in your example that your final account balance is negative in both cases.  You paid $20 for the shares but only got $15 back; you lost $5 (or, in the other version of your example, paid $20 and got back $5 plus the depreciated shares). If you had bought the shares for $20 and sold them for, say, $25, then your account would end up with a positive $5 balance; that is what a gain would look like.  But you can't achieve that if you buy the shares for $20 and later sell them for less. At a guess, you seem to be confusing the concept of making a profit with the concept of cutting your losses.  It is true that if you buy the shares for $20 and sell them for $15, you lose only $5, whereas if you buy them for $20 and sell for $10, you lose the larger amount of $10.  But those are both losses.  Selling \"\"early\"\" as the price goes down doesn't make you any money; it just stops you from losing more money than you would if you sold later.\""}
{"text": " Corzine should be held accountable but it would have been nice if Donald Rumsfeld's losing $9 billion dollars in Iraq would have also produced the same sort of outrage from his fellow republicans.   The Republicans are complete hypocrites when it comes to prosecuting corruption."}
{"text": " \"Sorry but you already provided the answer to your own question.  The simple answer is to 'not day trade' but hold things for a longer period and don't trade a large number of different stocks every week. Seriously, have a look at the rules and see what it implies.. an average of 20 buys and sells of longer term positions PER DAY is a pretty fair bit of trading, that's really churning through the positions compared to someone who might establish positions with say 25 well picked stocks and might change even 5 of those a week to a different stock.  Or even a larger number of stocks but seeking to hold them for over a year so you get taxed at the long term cap gains rate. If you want to day trade, be prepared to be labeled as such and deal with your broker on that basis.  Not like they will hate you given all the fees you are likely to rack up.  And the government will love you also, since you'll be paying short term gains taxes.  (and trust me, us bogelheads appreciate the liquidity the speculative and short term folks bring to the market.) In terms of how it would impact you, Expect to be required to have a fairly substantial balance ($25K) if you are maintaining a margin account. I'd suggest reading this thread My account's been labeled as \"\"day trader\"\" and I got a big margin call. What should I do? What trades can I place in the blocked period?\""}
{"text": " Wow, so many idiots. Everyone has a nice fancy car that costs $300/month and cable and fancy clothes, and half of them are in debt. Pathetic. No sympathy whatsoever. I live frugally, which is precisely why I have a large surplus."}
{"text": " IRS has it spelled out Business or Hobby?"}
{"text": " I fully appreciate your argument.    I feel that the current system doesn't allow for the growth that you take as an assumption.  The idea that somehow people will take a lower income job and automatically grow into a higher paying one.    Companies hire smart people to maximize profit... it's expected and it leads to trying to have a work force that is minimum wage with little room for growth.    Further, I believe that minimum wage hasn't kept up with inflation.    Yes, jobs are a worthy cry, but it cannot be the only metric we rely on to make sure everyone has the opportunity to live decently (a truly subjective term that we all have differing opinions on).    I personally have met far more full grown adults with high school and even college degrees working low paying jobs than teens or immigrants."}
{"text": " Office space for rent in noida sector 62 is the best option in Noida as it lies near NH 24, East Delhi & Indirapuram, Ghaziabad. Sector 62 Noida is among those sectors of noida which are typically designed for IT & IT enable services usage along with institutional properties. We have all type of office spaces at very economical rentals."}
{"text": " Why don't you just put your down payment on one of your credit cards? (Note: I'm not actually suggesting that you do this. Please read on.) There are a few reasons why you wouldn't (or couldn't) do this: The interest rates on the cards you have is very high.  You don't have enough of a credit limit on any one of your cards for the down payment.  These two reasons highlight the answer to your question.  Credit card companies charge very high interest rates. These high rates allow them to make money even when some of their customers default. They know that not everyone will pay them back, so they make sure to make a hefty profit on those who do.  Secondly, credit card limits are often much lower than the amounts of car and home loans. This limits the risk to the credit card company. Sure, you have $100,000 in total credit limit, but this is split among nine different companies.  When a bank offers a traditional loan for a large sum of money at relatively low interest, they need to be able to limit their risk somehow. They do this by ensuring that their customers actually have the ability to pay them back."}
{"text": " \"I'm currently using You Need A Budget for this. It lets you track spending my category and \"\"save\"\" money in particular accounts from month to month. They also have some strong opinions about how one should manage one's cashflow, so check it out to see if it'll work for you. It's neither web-based nor free, but the licensing terms are very reasonable.\""}
{"text": " Why is this in /r/business?   Also, this has been posted (and reposted by same guy) in a [quite](http://www.reddit.com/r/TrueReddit/comments/mw542/the_signals_may_be_faint_but_they_are_consistent/) [a](http://www.reddit.com/r/China/comments/mu6za/how_organ_harvesting_from_political_and_religious/) [few](http://www.reddit.com/r/news/comments/mtew2/the_xinjiang_procedure_chinese_medical/) other reddits with mixed reaction, probably b/c of the sensationalist and neo-con agenda.   Not trying to diminish what's happening, if true, just saying this has been debated quite a bit in other places already."}
{"text": " \"It is if you want apps. The platform is stuck in a Catch-22, where people won't buy the phone because it has no apps, and devs won't make apps for it because no one is buying the phone. Windows 8 will probably ease the problem with its app store and presumed port channel, but given how MS has handled potential devs so far, the future is not bright. They should have been pursuing aggressively and digging into their massive warchest to basically throw money at devs to get hem on board and kick-start the ecosystem.  I personally couldn't give a crap about apps, as I just want my phone to  make and take calls, guide me with map directions, and let me Google quick bits of information on-demand. It's not a \"\"platform\"\" to me. It's a tool. But I'm apparently in the minority.\""}
{"text": " Thanks for your reply, Sarah!  I am sure there is no significance in the Washington Post disclosing that it is owned by Jeff Bezos, but my point is that if the patent was created for a cunning plan, I highly doubt Jeff would have let the cat out of the bag in this way, especially by a newspaper organization that he owns. As the other individual mentioned, I just think this is Bezos's flexing his muscles to other competitors--heck, he may even attempt to sell the innovation for a whopping amount of money.  Believe me, I LOVE innovation as well. I think it plays an instrumental role in society. However, there are some innovations that are detrimental to us as a people, even if it may seem infinitesimal at the moment. If you haven't noticed, but the more technology that is created, the less privacy we have, the dumber we become and the more jobs we lose to automation.   If Amazon succeeds and generates umpteen profit from operations at Whole Foods via electronic (automation) means, I see Wal-Mart coming back harder with automation services, which will prove detrimental to jobs."}
{"text": " True.  Unless the government steps-in and make some regulations.  For example, all customer service (talking to other people, also over the phone) must be done by humans. Also, humans must approve every decision and diagnostic done by AI machines. Every group of robots must be supervised by on-site human. Etc.  However, I am against taxing Robots and AI machines.  The bottom line, with Robots and AI doing most jobs that humans don't want to do or are not good at doing, humans can be happy if they have basic income, which can be very low because Robots and AI reduce the costs of goods and services tremendously."}
{"text": " Batteries are very cheap... if you have service stations to exchange them. Then, you can use much cheaper batteries that don't have such a long range.  Also, with battery exchange service stations, you DO NOT pay for the batteries as part of the car. Do you realize that?  You only pay for the electricity charged into the batteries... very very cheap."}
{"text": " Thank you monalisasnipples for voting on metric\\_units.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"text": " Subsidies are anti-competitice practices. Its the government picking winners and losers over the market's preference.  Just like onerous regulations. Smaller companies aren't able to hire the overhead required to keep up with them, and are therefore fined out of existences due to this countries staggering regulatory burden."}
{"text": " \"Lol master in computer science. I'm an idiot. K bro. I'm just calling it like it is.  The problem with finance guys is they look at rich guys and accept their word as law. I don't care if this guy is a \"\"VP\"\" or whatever, I care if he has the technical chops to understand the technology. I'm willing to bet money he hasn't read a single paper on the technology, including the original Bitcoin paper, which by the way explicitly says do not speculate on cryptocurrencies (fun fact). I agree it's overvalued, but it's because traders with no idea of the real value of the tech are speculating.  Everyone is speculating on crypto, but historically disruptive tech is far undervalued. Think Microsoft when the iPhone was coming out. People were literally saying Apps are stupid and will never take off. At the end of the day I have money in it and we'll see where it goes.\""}
{"text": " What if I told you that Best Buy stores and the center that your laptop was sent to are completely different entities?  As a former employee, I knew about situations like this that happened to customers in my store.  Let me tell you that the employee behind the counter feels just a bad and helpless as you do when this stuff happens."}
{"text": " \"You have a few options, none of which are trade off free: Apply for a credit card, and live off of that.   Here, of course, you will go into debt, and there are minimums to pay.  But, it will tide you over.  In any case, you are getting unsecured credit, so your rates will probably be very, very high.  You don't want to build up a lot of 20% per annum debt. An alternative to this would be to go to any bank and ask for an unsecured loan.  Having no income, it will be difficult, though not necessarily impossible, to secure some funds.  When I was in between houses, once, for example, I was able to borrow $30,000 in unsecured debt (to help me construct my new house!), just based on my income.  Grant you, I paid it 2 months later, in order to avoid the 10% / year interest, but the point is that unsecured debt does exist.  Credit Cards are easier to get.  Arrange for personal financing through your parents or other relatives. If your parents can send you remittances, the terms will most likely be more generous.  They know your credit and your true ability to repay.  Just because they send you money doesn't mean you have to live with them.  As a parent, I have a stake in ensuring my children's success.  If I think that tiding them over briefly is in their best interest and mine, you better be sure I'll do it. A variation on this is Microfinance - something like Kiva.  Here, if you can write up a story compelling enough to get finance, there are people who might lend you money.  Kiva is normally directed towards poorer countries and entrepeneurs - but local variations exist. UPDATE: Google-backed 'LendingClub.com is far more appropriate to this situation than Kiva.  Same general idea, but that's the vendor. Find freelance, contract, or light employment. Your concern about employment is justified - you don't want to be in a position where you are unable to travel to an interview because Starbucks or McDonalds will fire you if you don't show up for a shift.  (Then again, do you really care if McDonald's lets you go?)  As such, you need to find income that is less bound by schedule.  Freelance work, in particular, will give you that freedom - assuming you have a skill you can trade.  Likewise, short term contract work is equally flexible - usually.  Finally, it may be easiest just to get temporary pickup work in a service capacity.  In any event, doing something will be better than doing nothing.  Who knows, you might want to be a manager / owner of a McDonalds some day.  Wouldn't hurt to say, \"\"I started at the bottom.\"\"\""}
{"text": " With bad credit but good income, I would simply save a large down payment. You're much more likely to get a mortgage with 25% down and a history of recently saving that 25% to show."}
{"text": " The only people who should know my online bank password are me & my spouse. Forget it, I won't share that sensitive information with any other company. I might as well give a blank check! Besides, don't banks require people to keep their username & password & PIN private? I signed an agreement to that effect, I think!  So even if I did find the online services compelling enough to try, I would want to check with my own bank first & ask them if it's OK to give my password to somebody else. I wonder what they would say to that!!"}
{"text": " > Taxation is theft.  No, and [we've already gone down this road](https://www.reddit.com/r/economy/comments/6leb2o/missouri_republicans_lower_st_louis_minimum_wage/dju1jjp/).  Are you familiar with US history and the time they had the [Articles of Confederation](https://en.wikipedia.org/wiki/Articles_of_Confederation)?  I would be curious to know why you think it failed."}
{"text": " \"#1  The Affordable Care Act is not a gift to anybody except the insurance and drug industries.   It actually saves the federal government and employers money by giving employers a semi credible \"\"RFOTA\"\" to lay off or cut the hours for their \"\"overpaid older workers\"\" </sarc> For the government money is saved by shifting families and low paid workers out of expensive government programs like SCIP and Medicaid into hugely profitable individual private insurance plans of lower actuarial value. That effectively shifts the burden to the states and sick people.  Why no discussion about the earth-changing implications of exponential growth in technology on employment?  We need to fund education substantially better or we are soon going to be a nation of largely unemployed people.\""}
{"text": " When you add points, a break-even date comes into play. That date varies depending on the rate and number of points. As an approximate example, having one point at those rates would have a break-even point of about 5 years. At that time, the amount you save with the lower rate makes up for the extra cash you paid for points. After that, you are saving money. If you don't plan on having the loan that long, the points are not worth it. Also, you need to calculate the break-even date based on your own parameters. I suggest searching for an online calculator or spreadsheet that supports point calculations. You may also be able to deduct 1/30th of your points every year. Ask you accountant about that."}
{"text": " \"I haven't seen anything specifically about how PayPal operates, but my guess is that they maintain relationships with banks in many countries via affiliates, and they settle the money transfers internally within the PayPal system. You basically have two types of bank transfers (there are others as well that I'm not getting into): I think PayPal is a hybrid -- they send and receive money using drafts to keep costs down, and manage the international stuff by operating a proprietary network. So if you send money from Indonesia to the US, you pay \"\"PayPal Indonesia\"\", who then tells \"\"PayPal USA\"\" to issue funds to your recipient. So they are cheaper than a wire, faster than a check, but limited in terms of transaction size and some other factors.\""}
{"text": " I used to work for Ally Auto (formerly known as GMAC) and I'd advise not to pay off the account unless you need to free up some debt in your credit report since until the account is paid off it will show that you owe your financial institution the original loan amount. The reason why I am saying not to pay-off the account is because good/bad payments are sent to the credit bureau 30 days after the due date of the payment, and if you want to increase your credit score then its best to pay it on a monthly basis, the negative side to this is you will pay more interest by doing this.  If ever you decide to leave $1.00 in loan, I am pretty much sure that the financial institution will absorb the remaining balance and consider the account paid off.  What exactly is your goal here? Do you plan to increase your credit score? Do you need to free up some debt?"}
{"text": " \"I'm a mathematician, not an accountant.  But my feeling has been that the distinction between Asset and Liability is mainly a sign convention, and comes from a wish to avoid negative numbers. Suppose you take out a loan for $1000 and deposit the proceeds in your bank account.  Under normal accounting conventions, your bank account is an Asset and the loan is a Liability.  After the loan, Bank has a balance of 1000 and Loan has a balance of 1000.  You can compute your net worth by adding all Assets and subtracting all Liabilities (so in this case your net worth remains 0). If you treat Loan as an Asset account, then after taking out the loan, you should give it a balance of -1000.  Under this convention, you have lots of negative numbers to deal with everywhere, which I suspect early accountants would have found inconvenient.  The Asset/Liability convention means you only need to deal with negative numbers in unusual situations (overdrawn bank account, overpaid loan, etc). Likewise, in theory you could treat Expense accounts as negative Income. But I'm not sure why you feel the need to reinvent the wheel by \"\"simplifying\"\" double-entry accounting like this.  The standard conventions are not that complicated, and their major advantage is that they're standard: other people will be able to understand your books if they ever need to.  (Say you want to hire somebody to do your taxes at some point: if your books are kept in your own idiosyncratic system, their job will be at best error-prone and at worst impossible.)   It's a bit like a proposal to simplify English spelling: shur, a sistum waar yu rit lik this mit bee simplur in sum abstrakt sens, but if nobudee els can reed it eezulee, it izunt ackshyualee veree yusful.\""}
{"text": " There is no cancer coverup.  Where is the peer reviewed study conclusively linking glyphosate to cancer?  From the article:  >Glyphosate is the world's most used herbicide. Companies like Monsanto, Syngenta and Bayer produce more than 800,000 metric tons of the subtance every year and sell it around the world. Farmers use the agent to clean the slate while preparing fields for the new sowing season, or spray it on potato or rapeseed fields to kill the plants just before maturity, making harvesting easier.  The popular agricultural chemical has been in use for more than 40 years and can now be found almost everywhere: in the urine of humans and animals, in milk, in beer, in ice cream, and above all in feed pellets from the United States and Brazil, which also end up being fed to German cattle and pigs.  So its use is widespread over 40 years and is pervasive in the environment.  And yet, billions of people are not getting cancer."}
{"text": " \"Lol. We also used to have actual trace amounts of cocaine in Coca Cola, used meth for medication, and have eaten some pretty nasty shit in the past. Doesn't mean we can't learn it's bad for us. Do you know how many societies that never had access to dairy are unilaterally lactose intolerant? The developed world had consistent access to cow milk and therefore maintained an unnatural lactose tolerance. If one doesn't continue its consumption, they become intolerant after infancy. If the natural human reaction to dairy without interference isn't \"\"natural\"\" I don't know what would convince you.\""}
{"text": " > Guess what, making money hand over fist   who owns walmart? shareholders - people. your neighbors. who benefits from their lower prices - same.   > There's this insane idea floating around Republican circles that the only way to really make it in business is to fuck everyone below you as hard and as fast as you can  im a libertarian.  but why can't people just get jobs elsewhere? and don't say because the economy is shit - the gov't caused that, not free markets. making a company efficient is good. it makes prices lower. it frees up people to do more valuable things. your arguments are the same as those who support trade barriers, tariffs, etc."}
{"text": " I'm in America on student visa and I can have 12 months of paid internship. I'd rather not waste the 12 months on a sophomore internship, you know? Of course, I'd still love to be paid for what I do and think that might make me try harder."}
{"text": " I'm amazed at how shoddy some (not all) products are after they start being made in China.  It's like there is no quality control and obviously head office back in the states is only looking at the bottom line.  Cheaper often is cheaper."}
{"text": " its not so much that NFIP is a problem, as it is that it subsidizes building there.  Without it, there would still be government bailouts/relief aid.  The problem with a privatized system instead of a fair assessed insurance price is the extra 20% tacked on to premiums to cover insurer profits.  Basically though, there has been some privatization of flood insurance in US areas, and premiums are skyrocketting.  Its politically difficult to raise these premiums, and all of the insurance companies believe in global warming/climate change.  Its easier to privatize and cause even higher premiums, than it is to vote for the one who will raise NFIP premiums."}
{"text": " And apparently they have started investigating, and the organization that certified the farm as fair trade etc. has also started investigating. What more should Victoria's Secret do? I think this is a good story, since it shows that their CSR system has worked.  Buy more Victoria's Secret panties, I say."}
{"text": " Yes, of course. Your business is active since it was established, it just didn't do anything. This is of course re the State taxes, the IRS considers LLC as a disregarded entity and it flows directly to your Schedule C if you're a single member, or your 1065 if you're multiple members. State of Texas never considers LLC as a disregarded (See here questions 13 and 14). You may not pay any taxes, but you have to file."}
{"text": " I don't see at as realistic. We all get less money to survive, except those who are automating their businesses have more money. Everyone wants more money, so yes, people will take on more jobs, etc.  The only way this will work long term is to have a highly redistributive tax policy, IMO."}
{"text": " Assuming that a person has good financial discipline and is generally responsible with spending, I think that having a few hundred or thousand dollars extra of available credit is usually worth more to that person for the choice/flexibility it provides in unforeseen circumstance, versus the relatively minor hit that could be taken to their credit score."}
{"text": " Suck it up. You will need the experience. Also have to remember pretty much wherever you start your first few years will be awful, truly awful; especially considering you will probably work for an american bank, which are notorious for long hours and face time.  Even if you learn nothing you can still say you did. Having that on your CV is worth miles more than nothing."}
{"text": " Her career should be over. She was ambitious at Yahoo, but her inexperience as a C-Level leader shined through very clearly and barely even delayed Yahoo!'s demise. Perhaps she has learned something, but it would be very interesting to see her run and very quickly tank Uber."}
{"text": " That is right, and instagram is okay with that.  They don't make anything on user advertisement.  Why would they want to host it?    Most instagram users consume content but don't post ads themselves.  That's the bulk of instagram's ad revenue."}
{"text": " In what world is this new information? and... why does anyone care?  Am I missing something here or is this article totally useless? The upper 1% of wage earners would have to make significantly more than $100k or else I would be able to buy a week's groceries for a dollar fifty and the cashier would make $0.10 an hour..."}
{"text": " \"The fee structures are different for PIN-based transactions versus \"\"credit\"\" style transactions. Usually there is a fixed fee (around $0.50) for PIN-based transactions and a varying fixed fee plus a percentage for credit transactions (something like $0.35 + 2.5%). There are also value limits for PIN-based transactions... I believe that you cannot exceed $400 in most places. The signature feature of credit transactions isn't there to protect you, it signifies your agreement to comply with the contract you and the credit card issuer, protecting the merchant from some types of chargeback. Some merchants waive the signature for low dollar value transactions to increase convenience and speed up the lines. All of your other questions are answered elsewhere on this site.\""}
{"text": " \"If the default happens through mass monetary inflation rather than openly (\"\"We're not paying interest on our bonds\"\") then make sure you pay off your house.  There may not be a very long window to do so. If the currency becomes worthless, then it depends on what you have of value that would be accepted by the lender as payment.  If you don't have anything, the lender will take it back, as they're probably entitled to on the notes.\""}
{"text": " There are no clear guidelines. If you are selling as individual, then what ever profit you make gets added to your overall income as you pay tax accordingly. This is true for sole proprietor or partnership kind of firms. If you are registered as a Company, the profits are taxed as business income. There may be VAT and other taxes. Please consult a CA who can guide you in specifics as for eCommerce, there is no defined law and one has to interpret various other tax laws."}
{"text": " And just as easily, someone could find a reason for such a derivative to exist.  Let's say I'm a vendor of memorabilia for a given sports team, but unlike most vendors I'm only a vendor for a particular team.  Given that there is a large lead time between orders placed and memorabilia received (perhaps on the order of a month between order and receipt), it is inherently risky to order large orders towards the end of a season.  However, if they're going to be in the playoffs, there's a huge opportunity to sell, but if they don't, you'd be left with tons of surplus inventory.  So, wouldn't it be handy for there to be a way to hedge that risk?    We've actually seen times when such things aren't unreasonable.  Large risks are [hedged away](http://online.wsj.com/article/SB10001424052702303877604577380593015786140.html), even in sports."}
{"text": " \">> So with all those \"\"maybe\"\"(s), and since Trump did not Act on the subject, for God sake, why is that the FIRST thing you could say against Trump?  > You interjected those \"\"maybe\"\"(s), not me. My issue on this topic has always been, and still is, that President Trump said...  You are in an endless loops of \"\"maybe\"\"(s) and \"\"he said this and that\"\". No actions that you oppose, am I right?  >>>Global warming is a serious risk to this country.  >>Absolutely not!  > I have long studied arguments on both sides. The science is solid and the result in unequivocal. You are wrong... I can prove this is real  Trust me, I studied this too. It's nice to have the same weather and no changes, but it never was like this on Earth.  I am VERY concerned about emissions and pollution and recycling.   But the paranoia and \"\"end of the world\"\" folks do not impress me. With science we will be able to control the weather on earth easily. Easily!!!!  Do you know that [1 billion trees were planted in Pakistan](https://www.voanews.com/a/one-billion-trees-planted-in-pakistan-nw-province/3983609.html) recently?  >> So, please, tell me one substantial reason why you are against Trump?  > I have given you two and you have rejected them both.   You don't get it!  Look, I have more than 2 things I can say against Trump, of action he did. And yet I support him.  You can't come with one ACTION by Trump you oppose, and you are still against him.  >> ...do you really think that if Hillary was in charge it would be better?  > I'm not touching that one.   Because you voted for her, and would vote for her today despite the long list of terrible things she and the DNC did.  Tribalism?  Remember, I voted for Obama twice, for Al Gore (idiot) and Kerry (bigger idiot), never for Republican until the last elections.\""}
{"text": " > They have enough nationwide 800 MHz spectrum for good voice and LTE coverage and penetration, and they have enough 2.5 GHz spectrum to outdo every other carrier in capacity.   I didn't know this (non-American). Fair call.   > The argument about tower count is largely irrelevant with today's mobile data demand.  In the long run sure. In the short term I'm going to disagree with you. If I ask you to deploy 800mhz over a city and 2600mhz over a city for coverage purposes. You'll definitely have the first project done before the first (all else equal). Its like acceleration vs top-speed; the 800mhz car gets you to acceptable speed faster than the 2600mhz stuff, but in the long run getting to their top speeds take both players the same amount of time   > The argument about accuracy is also ridiculous considering the performance at the edge-of-cell and in the sector nulls; you're going to need multiple sites regardless if you want acceptable coverage for everyone.   I don't think it is ridiculous when you consider the planning required for a small city especially, if you have to do Greenfield deployments. But whatever I agree with your net conclusion T-Mobile is screwed. Sprint not so much."}
{"text": " \"I am looking at a 1040A. Line 11a asks for total IRA distributions. 11b asks for the taxable amount. Enter \"\"QCD\"\" as explanation and remove the Qualified Charitable Deduction amount from 11a to get 11b which is added to your income if there's any positive balance.\""}
{"text": " \"BlackJack's answer is technically correct: government credit ratings are independent of corporate credit ratings.  The rating should reflect the borrower's ability to repay its obligations. One reason the book you read may have stated that corporate credit ratings cannot be better than the government's credit rating is that the government, unlike the corporation, can steal (or in government parlance \"\"tax\"\") from anywhere or anyone.  So if a government finds itself in financial difficulty it could simply take the cash from corporations or people with high credit ratings by a variety of methods: implement windfall profit taxes, take over industries, take peoples gold, tax pension savings, or simply take peoples pensions or retirement savings.  This increases the risk of doing business in a country with an over-extended government. Over extended governments do not die gracefully.  They only die when there is nothing left to steal.\""}
{"text": " How do you know people want jobs?\u00a0 People get jobs because they want money, not because they want a job.\u00a0 I think when a lot of people say they like their job they are lying to you and themselves because that job is the only viable option or all they know.\u00a0 Nobody wants to admit they are not getting everything out of life they want.\u00a0 This system of economics intimidates people into financial slavery with threats of starvation and homelessness.\u00a0 I have never been opposed to hard work, but the restraints of full time jobs always sucked.\u00a0 I think a lot of people enjoy rewarding work, not shitty go nowhere, uninteresting, unfulfilling, unrewarding jobs that suck all their energy serving others at their own personal expense.\u00a0 Knowing how much money sloshes around in this country and how little is allocated for ninety percent of us is depressing."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.axios.com/jobs-are-plentiful-for-rock-bottom-pay-across-the-west-2497970172.html) reduced by 58%. (I'm a bot) ***** > What's new: AlphaGo's initial iteration was trained on a database of human Go games whereas the newer AlphaGo Zero's artificial neural networks use the current state of the game as input.  > The DeepMind researchers wrote: "The self-learned player performed much better overall, defeating the human-trained player within the first 24h of training. This suggests that AlphaGo Zero may be learning a strategy that is qualitatively different to human play.\"\"  > He points out though that the roughly 5 million training games of self-play it took for AlphaGo Zero to beat AlphaGo is "Vastly more" than the number of games Sedol had played to become a champion.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77able/workers_in_the_wealthier_nations_are_facing/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~230884 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*: **AlphaGo**^#1 **game**^#2 **play**^#3 **learns**^#4 **Zero**^#5\""}
{"text": " Not saying it is bad, just saying they put a positive spin on it when in fact it just something that makes good business sense.   Both you and I know that Reddit is filled with people complaining about minimum raise and earning a living...etc. This article paints Costco as the good guy, but overall it means one guy gets a well paying job while another one gets no job at all."}
{"text": " And it was just as true when he said it in previous years, while the exact year is unpredictable that much is certain: Sooner rather than latter the chickens will come home to roost. You don't believe this is an actual sustainable boom right ?"}
{"text": " What are the consequences if I ignore the emails? That would depend on how much efforts the collection agency is ready to put in. I got a social security number when I took up on campus jobs at the school and I do have a credit score. Can they get a hold of this and report to the credit bureaus even though I don't live in America? Possibly yes, they may already be doing it. Will they know when I come to America and arrest me at the border or can they take away my passport? For this, they would have to file a civil case in the court and get an injunction to arrest you. Edit: Generally it is unlikely that the court may grant an arrest warrant, unless in specific cases. A lawyer advise would be more appropriate. End Edits It is possible that the visa would also get rejected as you would have to declare previous visits and credit history is not good."}
{"text": " \"futility of your beliefs... what are you, a supervillian? Don't write like that, it makes what you say sound ridiculous. It's not my \"\"dogma\"\" that makes me not want to discuss this issue with you, its that people with a libertarian mindset tend to have a zealous ideology that makes it impossible to talk to them about anything without them going into full on proselytize mode and say shit like, \"\"If you keep your head buried in the sand, you won't see the ocean creeping up to drown you.\"\" No, Sir, I am aware of your set of beliefs and I don't agree with them. The end.\""}
{"text": " For example, the apartment complex could\u2019ve relied on a water source heat pump system which can provide both warm and cool air at the same time. As the name implies, this system relies on water held between 60 to 90\u00b0F, which is then pumped throughout the complex and into individual compressor units in each room."}
{"text": " \"The amount of hype and uneducated investors/speculators driving its prices up. Just by that I would say its prices are inflated. Bear in mind that Facebook don't sell anything tangible. They can go down as fast as they went up. Most of their income is ad based and single-product oriented, and as such highly dependent on usage and trends (remember MySpace?). Having said that, all the other \"\"classic\"\" valuation techniques are still valid and you should utilize them.\""}
{"text": " \"Along with the commercials for \"\"frog\"\" protection from Discover, most credit card issuers provide fraud protection and zero liability for any unauthorized purchases. As was mentioned in one of the comments, many issuers also will allow temporary \"\"virtual cards\"\" that can be used in places that may not appear to be as reputable.  Depending on the type of pre-paid card you are using, you're likely paying some form of a fee for it, and you're certainly not taking advantage of the benefits that a credit card can provide, cash back being a big one. There are no annual fee cards out there that get 2%  cash back on every purchase.\""}
{"text": " Nice ad hominem attack. You are basically acting like people that work minimum wages are lesser people and undeserving of things, like owning a house. Maybe someone enjoys low skilled labor like working at a cafe or working with their hands. There is nothing wrong with that. That doesn't mean they are lesser than you and/or incapable of owning a house, they just may not be able to afford as nice of things. Jesus, if you have to assume the worst of people to bolster your argument, then you have fucking terrible argument."}
{"text": " Many companies and careers there are no rungs. If you hire 20 roofers and 1 manager not all those 20 roofers will get to move up to management, it just can't happen. And being a good roofer does not make them a good manager, it is necessary to understand the job of the people you're managing but management is an entirely different skill set on it's own."}
{"text": " because it cost the insurer more, obviously. while this sounds snarky, it's important to realize that actual insurance companies set their insurance rates based on actual historical costs. for some reason people who report low miles have cost the company more dollars per reported mile than people who report high miles. in that sense, insurance is not overpriced. if it were truly overpriced, then an insurer would specialize in such insurance and make a killing on the free market. the more interesting questions is why do drivers who claim to travel very few miles cost the insurance companies so much per mile? that question has a host of possible answers and it's difficult to say which is the largest cost. here are just a few:"}
{"text": " The cable companies are not monopolies.  In the broadband market they compete with telcos and in the video market they compete with a telco and two satellite companies and sometimes an over builder.  The caps instituted so far are 250mg, levels that only BitTorrent users break.  This article is ridiculous hyperbole."}
{"text": " > every instinct in my body is telling me that giving Washington another blank check is a really bad idea. In my minds eye I can see senators lining up with pet pork projects for their home states and it makes me physically sick to my stomach  I can sympathize with that, but there's no shortcut around the ongoing hard work of governance. Tying our own hands financially doesn't make for smarter government, just less capable and more likely to drown when the water rises."}
{"text": " I'm pretty sure you already know this, so I'm probably just wasting time. You know, I can't think of a better analogy to the whole global warming debate than this 97% number. A misleading statistic that means nothing is used to mislead the public. The origin of this number was a survey of over 10,000 Earth scientists in climate related fields a few years back. First, it was a non-scientific survey, and only 3000 people bothered to respond. The two questions were:  The first: \u201cWhen compared with pre-1800s levels, do you think that mean global temperatures have generally risen, fallen, or remained relatively constant?\u201d Few would be expected to dispute this\u2026the planet began thawing out of the \u201cLittle Ice Age\u201d in the middle 19th century, predating the Industrial Revolution. (That was the coldest period since the last real Ice Age ended roughly 10,000 years ago. 97% of skeptics would answer yes to this.  The 2nd: Do you think human activity is a significant contributing factor in changing mean global temperatures?\u201d So what constitutes \u201csignificant\u201d? Does \u201cchanging\u201d include both cooling and warming\u2026 and for both \u201cbetter\u201d and \u201cworse\u201d? And which contributions\u2026does this include land use changes, such as agriculture and deforestation? Once again, many skeptics would answer yes.  Surprisingly, of the 3000 respondents, only 82% answered yes to both questions So there is your real consensus. Well, this wasn't acceptable of course, so they waded through the 3000, and found 79 that they classified as climate scientists. 76 of 79 responded yes to the first question. 96.4 % (What the heck, we have real published scientists who don't even think the earth has warmed?) So then 2 of the 3 who answered no to the first question didn't answer the second question. I think it is fair to say that if they think there was no warming, then they didn't feel that mankind had contributed. But for the survey, they just reported 75 of 77 (97% plus) responded yes to the 2nd question. So even using their own bull$#@!--- picking of a subset of 3000 that got the answer they wanted, they still cheated and reported the 97% statistic, since the honest 95% answer didn't sound good enough to them. Now that's the true origin of the statistic. And you could probably get 90% of skeptics to agree to the two questions.  And none of the questions address the real thing being debated. What is the real feedback going to be from CO2 warming? You can't even get a consensus on whether it will be positive or negative."}
{"text": " This study fails to note that a higher minimum wage is a significant factor in the stronger seattle economy, which they conveniently cite as the dominant factor in higher earnings. You can separate the two and identify which is the primary effect, but not with their methodology."}
{"text": " Admins can often be the face (or voice) of a firm that leaves the first impression. You're totally right, you can usually tell what kind of place it is by the way they are treated and the way they treat clients and others. Hopefully she lives up to her impression and not her username!"}
{"text": " Linear Title has demonstrated a commitment to philanthropy, both on a corporate and on an individual level. Linear Title believes very strongly in contributing to the community, and that an investment in today\u2019s society is an investment in the future of our nation.Linear Title is pleased to announce that its chief financial officer, Todd Costa, will be joining the board of House of Hope, an organization that works with and advocates for homeless individuals and families."}
{"text": " I have always thought that most of the time spent in a class was a waste. I also do not think that school prepares people for the harsh realities of a full time job. Also I was not prepared by school to make money, manage money, or survive life better than someone who didn\u2019t go to college. I am a pharmacist, I have an MBA and a PhD."}
{"text": " Hi u/Sagiv1,  Short answer: Yes, you do have to pay taxes in Israel for all your worldincome.  Long answer: All countries within the OCDE consider you as a fiscal resident in the country where you spend over half a year in (183 days and up). If you do not spend that much time in any country, there are other tying measures to avoid people not being fiscal residents in any country.  Since you are living in Israel, you will have to pay all your worlwide generated income in Israel, following the tax regulation that is in place there. I am no Isarely Tax Lawyer so I cannot help you there.  Having a lot of business internationally brings other headaches with it. Taking for example the U.S. there is a possibility that they withold taxes in their payments. It is unlikely, though, as they have a Tax Treaty to prevent double taxation. You can ask for this witholded money to be returned from the U.S. or other countries through each country's internal process.  Another thing to take into account is that you can be taxed in other countries for any revenue you generate in said country. This is especially relevant for revenue that comes from Real Estate. The country where the real estate is will tax you in the country and you will have to deduct these taxes paid in your country, Israel in this case. If there is no tax treaty you might possibly be paying twice.  I know you said you do promotion, but I have to warn you about this, because I ignore what other countries tax or do not tax. So been giving more info won't hurt.  If the US is the main and/or only country you will be doing business with, I strongly recommend you real the Tax treaty with lots of love and patience. You can find it here: https://www.irs.gov/pub/irs-trty/israel.pdf or here:  Treaty:http://mfa.gov.il/Style%20Library/AmanotPdf/005118.pdf Amendment: http://mfa.gov.il/Style%20Library/AmanotPdf/005120.pdf  If you are from Israel and prefer it in Hebrew, here are the treaties in your language:  Treaty: http://mfa.gov.il/Style%20Library/AmanotPdf/005119.pdf Amendment: http://mfa.gov.il/Style%20Library/AmanotPdf/005121.pdf   Normally most IRS Departments have sections with very uselful help on these sort of matters. I'd recomment you to take a look at yours.   Last, what I've explained is the normal process that applies almost all over the world. But each country has their own distinctions and you need to look carefully. Take what I said as a starting point and do your own research or ideally try to find a tax consultant/lawyer who helps you.  Best of luck."}
{"text": " It's interesting how too much(?) freedom pretty much translates back into *homo homini lupus*.  The inherent selfishness of mankind needs to be confined by the state for the greater good if entities fail to adhere to decent human standards."}
{"text": " A rundown of what we accept as the most basic and fundamental SEO rehearses that each brand ought to receive. This includes everything from a far-reaching SEO meeting and review to zoom in on the individual components that can fortify and draw in your surge of clients and create content for both On-page and off-page search engine optimization in dubai improvement. As a long-standing Google Analytics Certified Partner search engine optimization daddy is remarkably situated to enable you to coordinate Google Analytics and Tag Managers into your current web framework, break down your activity from various edges and produce significant reports that can direct your advanced promoting endeavors."}
{"text": " \"See if you can find a buyer's agent who will represent you at an hourly rate, and refund the balance of the buying agent's commission.  As I noted in a comment, I know of at least two agencies that will do this in Chicago. Start with a google search of something like \"\"[MyCity] discount real estate brokers\"\".\""}
{"text": " The only certain way is to have the issuer confirm it. You'd think there would be a better way, but no there isn't. I suggest you read this story about what can happen even if you are the innocent victim trying to cash a fraudulent Cashier's Check. The consequences included some jail time and huge attorney fees for this unlucky person."}
{"text": " Pensions have nothing to do with republicans or democrats.  All states and cities and levels of government have problems with pensions, and it's because most taxpayers don't vote, but all government employees do vote.  Whether you're republican or democrat, you're going to have to pander to the police union, and the fire union, and all the other unions, and your opponent is going to make unreasonable promises based on erroneous assumption to get the union votes, so if you want to win, you have to do the same.  It's not a problem until 40 years later, maybe longer if the population keeps growing, but now here we are and people are having fewer kids and making less money, so good luck kicking the can down the road."}
{"text": " So it voids what you claim. And hardly anyone renounces their citizenship. Something tells me the government won't allow apple to pack up and move to Europe seeing as large companies have to get permission to buy or merge with other companies. And I don't think the executives would enjoy flying to Europe."}
{"text": " >[**Moneyspeedclub. \u041d\u043e\u0432\u044b\u0439 \u043f\u0440\u043e\u0435\u043a\u0442 \u0441 \u0434\u043e\u0445\u043e\u0434\u043e\u043c \u0434\u043e 8 % \u0432 \u0441\u0443\u0442\u043a\u0438!!! \u0425\u043e\u0440\u043e\u0448\u0438\u0439 \u0441\u043f\u043e\u0441\u043e\u0431 \u043f\u0440\u0438\u0443\u043c\u043d\u043e\u0436\u0438\u0442\u044c \u043a\u0430\u043f\u0438\u0442\u0430\u043b [4:32]**](http://youtu.be/ym6gnfh1Mn0)  >>\u041f\u0440\u0438\u0432\u0435\u0442\u0441\u0442\u0432\u0443\u044e \u0412\u0430\u0441 \u0414\u0440\u0443\u0437\u044c\u044f! \u0432 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e, \u0435\u0441\u0442\u044c \u0438\u043d\u0444\u043e\u0440\u043c\u0430\u0446\u0438\u044f \u043e \u043d\u043e\u0432\u043e\u043c \u0445\u0430\u0439\u043f \u043f\u0440\u043e\u0435\u043a\u0442\u0435  !  > [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^& ^Blogs  >*^1 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"text": " \"Do you have any idea what a product manager does? It's a pretty accurate description of the job.  The PM is responsible for strategy, direction, product/market fit, features, roadmap, and pretty much everything associated with that product. You own the P&L. The buck stops with you when it comes to the product.  The \"\"CEO of your product\"\" description is the classical description of what a PM is, because you're running an entire line of business that can be worth hundreds of millions of dollars.\""}
{"text": " You bought the right \u2013 but not the obligation \u2013 to buy a certain number of shares at $15 from  whomsoever sold you the option, and you paid a premium for it.  You can choose whether you want to buy the shares at $15 during the period agreed upon. If you call for the shares, the other guy has to sell the shares to you for $15 each, even if the market price is higher. You can then turn around and promptly resell the purchased shares at the higher market price. If the market price never rises above $15 at any time while the option is open, you still have the right to buy the shares for $15 if you choose to do so. Most rational people would let the option expire without exercising it, but this is not a legal requirement.  Doing things like buying shares at $15 when the market price is below $15 is perfectly legal; just not very savvy.  You cannot cancel the option in the sense of going to the seller of the option and demanding your premium money back because you don't  intend to exercise the option because the market price is below $15.  Of course, if the market price is above $15 and you tell the seller to cancel the contract, they will be happy to do so, since it lets them off the hook. They may or may not give you the premium back in this case."}
{"text": " The most relevant aspect of Islamic banking that distinguishes it from non-Islamic banking is the prohibition of charging interest. There is no prohibition on the utilization of technology.   Since banks that comply with Sharia make direct investments (sharing of profit/loss), and leasing, many banks that are sharia-compliant are very modern, sophisticated, and behave very much like private equity or even in some cases hedge funds. There is a prohibition in Sharia to avoid excessive risk, so many modern Islamic financial institutions deploy and trade financial derivatives to provide the means to risk management. This is done on a very technological level with expertise.  London has become a hub of Islamic banking and there have been efforts by the financial sector to push to make London the center of Islamic banking. These institutions are as advanced as any non-Islamic banks.   Here is a source to check out: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11435465/Britain-to-lead-the-world-in-Islamic-finance.html  Here is an article discussing the streamlining of banking through technology: http://asianbankingandfinance.net/islamic-banking/exclusive/are-islamic-banks-ready-jump-digital-bandwagon"}
{"text": " \"When the strike price ($25 in this case) is in-the-money, even by $0.01, your shares will be sold the day after expiration if you take no action. If you want to let your shares go,. allow assignment rather than close the short position and sell the long position...it will be cheaper that way. If you want to keep your shares you must buy back the option prior to 4Pm EST on expiration Friday. First ask yourself why you want to keep the shares. Is it to write another option? Is it to hold for a longer term strategy? Assuming this is a covered call writing account, you should consider \"\"rolling\"\" the option. This involves buying back the near-term option and selling the later date option of a similar or higher strike. Make sure to check to see if there is an upcoming earnings report in the latter month because you may want to avoid writing a call in that situation. I never write a call when there's an upcoming ER prior to expiration. Good luck. Alan\""}
{"text": " You need to talk to an accountant who practices tax accounting, preferaby someone who is an Enrolled Agent (EA) with the IRS, and possibly an attorney who specializes in tax law.  There are multiple issues here, and the executor of your father's estate might need to be involved here too.  Presumably you were a minor in 2007 since the transactions took place in a custodial account, and perhaps you were a dependent of your father in 2007.  So, were the transactions reported on your father's 2007 income tax return? or did he file a separate income tax return in your name? You say you have a W2 for 2007. So you were  earning some income in 2007? This complicates matters. It is necessary to determine who has the responsibility to file income tax returns for a minor with earned income. Above all, I urge you to not file income tax returns on your own or using a tax return preparation program, or after talking to a tax return preparation service (where you will likely get someone who works on a seasonal basis and is unlikely to be familiar with tax law as of 2007)."}
{"text": " Pitfalls of paying plastic That being said, you can also find cards that have better than the 1% it looks like you are getting. I have a card that gives 2% cash back on Gas Stations, Utilities (including stuff like AT&T) and Food Stores (Walmart included).  There are also limited time deals from cards - my fiance's discover has 5% cash back Oct/Nov/Dec on Online purchases. Make sure to remain diligent, keep your balances low and don't get hit with interest rates or fees (I had HORRIBLE credit and I refused to get a card with an annual fee). Why pay full price with cash, when you can get 2-5% cash back?"}
{"text": " \"Maybe just put all his correspondence back in the Post Box and mark it   \"\"Wrong address\"\"? Precisely. Without opening. Just tell the postman that that person doesn't live there and have it returned to sender. The Revenue will figure it out. Most definitely do not accept any certified or registered mail not addressed to you personally.\""}
{"text": " > That's just false. Burning wood is definitely less efficient, but overall poor people release less carbon that wealthy nations.  OK, do you have a source? My understanding is that due to their much greater numbers, the poor actually contribute more CO2 than do the rich."}
{"text": " There was a book written by Harry Dent in the early 90's that talked about the approaching demographic problem. The simple version of his theory is that people spend the most money between 45-49, after which people begin to become a drain on the economy as they utilize government benefits and begin draining retirement plans.   Boomers are moving out of this range and there is no group substantially large enough to follow them, according to him, until the mid 2020s when the Echo Boomers come through.   While he had some things way off and, u fortunately, seems to be overcompensating as of late and only hawking his newsletters, he had some great points in his first book.   To me, you can't fudge those numbers and what he said makes a lot of sense. That seems to be very similar to this article."}
{"text": " In general you cannot. Once the security is no longer listed on the exchange - it doesn't have to provide information to the exchange and regulators (unless it wants to be re-listed). That's one of the reasons companies go private - to keep their (financial and other) information private. If it was listed in 1999, and is no longer listed now - you can dig through SEC archives for the information. You can try and reach out to the company's investors' relations contact and see if they can help you with the specific information you're looking for."}
{"text": " \"According to the following links, it is commonly pronounced \"\"Cecil\"\".   https://kaufmanrossin.com/blog/bank-ready-meet-cecil/ The proposed model introduces the concept of shifting from an incurred   loss model to the current expected credit loss model commonly referred   to as CECL (pronounced \u201cCecil\u201d). http://www.gonzobanker.com/2016/02/cecl-the-blind-leading-the-blurry/ [...] and its name is CECL (Current Estimated Credit Losses, pronounced like   the name \u201cCecil\u201d). The name Cecil means \u201cblind,\u201d which is ironic, because FASB\u2019s upcoming   guidance will push FIs to clarify the future performance of their loan   portfolios by using models to predict CECL of all loan portfolios. https://www.linkedin.com/pulse/operational-financial-impact-cecl-banks-nikhil-deshmukh Termed as Current Expected Credit Loss (CECL, or Cecil, as some call   it), [...]\""}
{"text": " Use other currencies, if available. I'm not familiar with the banking system in South Africa; if they haven't placed any currency freezes or restrictions, you might want to do this sooner than later.  In full crises, like Russian and Ukraine, once the crisis worsened, they started limiting purchases of foreign currencies. PayPal might allow currency swaps (it implies that it does at the bottom of this page); if not, I know Uphold does. Short the currency Brokerage in the US allow us to short the US Dollar.  If banks allow you to short the ZAR, you can always use that for protection.  I looked at the interest rates in the ZAR to see how the central bank is offsetting this currency crisis - WOW - I'd be running, not walking toward the nearest exit.  A USA analogy during the late 70s/early 80s would be Paul Volcker holding interest rates at 2.5%, thinking that would contain 10% inflation. Bitcoin Comes with significant risks itself, but if you use it as a temporary medium of exchange for swaps - like Uphold or with some bitcoin exchanges like BTC-e - you can get other currencies by converting to bitcoin then swapping for other assets.  Bitcoin's strength is remitting and swapping; holding on to it is high risk. Commodities I think these are higher risk right now as part of the ZAR's problem is that it's heavily reliant on commodities.  I looked at your stock market to see how well it's done, and I also see that it's done poorly too and I think the commodity bloodbath has something to do with that.  If you know of any commodity that can stay stable during uncertainty, like food that doesn't expire, you can at least buy without worrying about costs rising in the future.  I always joke that if hyperinflation happened in the United States, everyone would wish they lived in Utah."}
{"text": " Anyone with a background in finance should have been well aware that the government would swoop in with a bailout of the major banks. Such a scenario was even discussed in money and banking textbooks pre financial crisis.   Since I have no excess cash,  and wad in senior year of college, I was unable to capitalize on that, but I did invest in the banks in market simulating games \ud83d\ude01"}
{"text": " The concept of a social contract is absolute. A constitution defines the 'how' of a state. The social contract addresses the question why a state even exists and what justifies its existence. And I say it again: the only justification for the existence of a state is the protection of your rights and freedoms from others.  Capitalism is based on the exchange of goods and services based on mutual agreement and respect for each other's property. Its driving force is competition.  It is an invisible force that has been there since the very beginning. Every other system can be defined as a restriction to capitalism.  We agree on that. You can work because the state ensures your safety and the protection of your rights. That's the social contract again.  Police, courts and military might be on the list of those necessary services. However mandatory public healthcare is not.  Preventing a monopoly is not about wealth redistribution. The driving force behind all the benefits of capitalism is competition, once you have a monopoly the whole thing turns sideways in that area. You need to introduce a few market regulations and a handful of guidelines for competition, but redistribution of wealth won't stop its formation."}
{"text": " >While these workers don't need college degrees, they need at least two years of specialized training plus strong math, reading and writing skills.  Ever hear of training? How about promoting from within? Any company who doesn't hire anyone even when they need manpower because they have a set of mandatory requirements is a dumb company. They reap what they sow."}
{"text": " so if we rent it out we don't want to just charge what we're paying on our mortgage - we'd definitely be losing money if we did that. I think you're overlooking one thing: your profit/loss is not monthly. Your profit is the property that's left after the mortgage ends. Even if you have to add extra $100 every month because you rent lower than the mortgage + maintenance + taxes, after 30 years you're left with property worth ie.$200k while you've paid for it ie. 30 years * 12 months * $100 = $36k. You can rent it lower than your costs and still make a profit in the long run."}
{"text": " There are many situations where injecting a certain amount of cash at the right time may reap rewards far in excess of the value of the cash injected. For example, if someone who needs a car to get to work gets in a wreck and that person does not have ready money to make it driveable may have no choice but to secure very expensive financing.  Receipt of $1000 in ready money to repair the car may thus save the person from having to take out a loan that would cost $1200 or more to repay. While the insurance business has sufficient overhead that it is unlikely that insurance would generally have a positive net expectation even considering such factors, it is at least theoretically possible that insurance could have a positive expected value for both the insurer and the insured (and in some cases it may have positive expected values for both parties in practice as well)."}
{"text": " People that have kids and aren't rich are in for a rude awakening if they want to live in NYC.  Plus nobody moves to NYC and becomes a janitor making 100k.  You have to be born into a position like that and he probably has rent controlled apartment or bought 50 years ago.  He probably has it better than most."}
{"text": " quantycuenta is right, if a halt is in place, then no trading will occur, simple as that. But in the practice of risk management it is a little different. Want to remind you that you are assuming that trading is halted immediately upon the drop in price. That doesn't always happen, so if there is any time between the actual price drop and halt of trading, then it is possible that your order will be filled, depending on how liquid your security is. Also not every security has circuit breakers in place and the exact requirements to trigger a breaker is not public information.  In some cases, trades are ordered to be rolled back (reversed) by the exchange but this is usually reserved for institutional traders who make some sort of mistake.  This article below mentions day traders who bought at or near the bottom of the May 6, 2010 flash crash. This was before circuit breakers but I think it's a good story for someone looking to understand the finer workings of the electronic market.  http://www.marketwatch.com/story/book-takes-a-look-inside-professional-day-traders-1339513989350"}
{"text": " Yes, I agree on that and it would have been a better lead. It\u2019s a better story saying tech companies are having a hard time hiring because of the high cost of housing than trying to hammer in the idea that the bay area is losing jobs."}
{"text": " Make sure your handling the legal side of things. At your age, at least in the US usually, your parents are the one responsible for things like contracts and such. You can't legally get into contracts on your own and if your going to go into business, even at your age, a contract of work should be a must."}
{"text": " STEM activities which mean Science Technology Engineering and Math are the entire buzz in education. Kids enjoy finding out how things work out through hands-on projects, fun and educators love knowing that they are also preparing their students for their tech future. In this program, participants of STEM For Kids program will learn and know how to make a basic computer programs & codes for games etc. Get more details on hands-on projects on STEM For Kids at:http://www.newjerseyhunter.com/forums/members/57378.html"}
{"text": " The absolute best advice I ever received was this:  You will need three categories of savings in your life: 1) Retirement Savings  This is money you put away (in 401-Ks and IRAs) for the time in your life when you can no longer earn enough income to support yourself. You do not borrow against it nor do you withdraw from it in emergencies or to buy a house.  2) Catestrophic savings  This is money you put back in case of serious events. Events like: prolonged job loss, hospitalization, extended illness, loss of home, severe and significant loss of transportation, very large aplliance loss or damage. You do not take trips to the Bahamas or buy diamond rings with this money.  3) Urgent, relatively small,  need savings. This is the savings you can use from time to time. Use it for bills that arise unexpectedly, unforseen shortfalls in your budget, needed repairs such as car repairs and small appliance repairs, surprising fines, fees, and bills.  Put 10% of your income into each category of savings. 10% intro retirement savings, another, separate, 10% intro Catestrophic savings, and yet another 10% intro urgent, small need, savings.  So, as you can see, already 30% of your income is already spoken for. Divide up the remaining 70% intro fixed (I recommend 50% toward fixed expenses) and variable expenses. Fixed includes those things that you pay once every month such as housing, utilities, car payment, debt repayment, etc. Variable includes discretionary things like eating out, gifts, and  splurges.  Most importantly, partner with someone who is your opposite. If you are a saver at heart partner with a spender. If you are a spender partner with a saver.  There are three rules to live by regarding the budget: A) no one spends any money unless it is in the budget B) the budget only includes those things to which both the saver and the spender agree C) the budget can, and will, be modified as the pay period unfolds.  A budget is a plan not a means to beat the other person up. Plans change as new information arises. A budget must be flexible. The urgent use savings will help to make  the budget flexible.  Edit due to comments: @enderland Perhaps you do not have children living with you. I am a saver, my wife is a spender. When it came time to do the budget I would forget things like the birthdays of my children, school fees due next pay period, shopping for Christmas gifts, needed new clothes and shoes for the children, broken small appliances that needed to be fixed or replaced, special (non reoccurring) house maintenence (like steam cleaning the carpet), gifts to relatives and friends, exceptional assistance to relatives, etc.  As my wife was the spender she would remind me of these things. Perhaps  you do not have these events in your life. I am glad to have these events in my life as that means that I have people in my life that I care about.  What good is a fat savings account if I have no loved ones that benefit from it?"}
{"text": " Owners of American-style options may exercise at any time before the   option expires, while owners of European-style options may exercise   only at expiration. Read more: American Vs. European Options"}
{"text": " Well to start with I would make sure that the interest total you are collecting each month is greater than the interest total you are paying each month on your credit card debt.  So if you have $200 a month in interest you pay the credit card company I would make sure that the interest you collect on the loan is more than $200 a month.  And make sure that you use some portion of the principle payment to pay down the credit card debt so that you are still even or ahead of the interest you owe the credit card company. Beyond that I would want the rate to be higher than the borrower could expect from a bank.  This will incentivize the borrower to either pay it off early or refinance the loan through a bank effectively paying it off early for you.  Anything that shifts the risk off of you and onto someone else is in your favor here. You could also implement some sort of final payment fee and reduce this fee by a certain amount (presumably up to 100%) if it is paid off early.  I would graduate that amount so there is still incentive if the buyer misses the original date but still incentive to meet the date.  If the loan was for 10 years then I would probably do around .5% per year early.   I would also get an attorney to draw up the loan paperwork to make sure that you(and potentially your heirs) are covered should you need to recover from a default, bankruptcy, or other potential problems.  I would bet the lawyer fees will save you 5x+ the amount if only in headaches.  And if you are dealing with family the lawyer makes a great fall guy to say I wish I could do that but the lawyer won't let me if the family member tries to take advantage."}
{"text": " >There are always companies involved between big farms and grocery stores  This is inaccurate and reeks of an assumption that you made rather than knowledge you have.  I can think of quite a few circumstances, off the top of my head, where farms of all sizes have sold to grocery stores, again of *all* sizes - directly."}
{"text": " \"You don't. No one uses vanilla double entry accounting software for \"\"Held-For-Trading Security\"\".  Your broker or trading software is responsible for providing month-end statement of changes.  You use \"\"Mark To Market\"\" valuation at the end of each month.  For example, if your cash position is -$5000 and stock position is +$10000, all you do is write-up/down the account value to $5000.  There should be no sub-accounts for your \"\"Investment\"\" account in GNUCash.  So at the end of the month, there would be the following entries:\""}
{"text": " \"So my understanding is that Google is prioritizing it's own comparison shopping services at the expense of others since it is acting essentially as the \"\"gateway to the internet\"\" in the EU.  Some people say this is like Coke being forced to put Pepsi in its machines but I don't see it that way. I see it as Google unfairly giving its own services priority in Google Search Listings when the algorithm they use should be non-biased.  Overall, a very interesting decision which could have great ramifications in the US\""}
{"text": " Between now and October, your $3,000 will earn $30 in your savings account. If you are late on a payment for your 0% loan, your interest rate will skyrocket.  In my opinion, the risk is just not worth the tiny gain you are trying to achieve in the savings account. If it was me, I would pay off the loan today. A few more thoughts: There is a reason that businesses offer 0% consumer loans.  They are designed to trick you into thinking that you are getting a better deal than you are.  Businesses don't lose money on these loans.  The price of the loan is built into the cost of the purchase, whether you are buying expensive furniture, or a car.  Typically with a car, you forfeit a rebate by taking the 0% loan, essentially paying all the interest up-front.  Now that you have the loan, you might be ahead a few dollars by waiting to pay it off, but only because you've already paid the interest.  Don't make the mistake of thinking that you can come out ahead by buying things at 0%.  It's really not free money. In the comments, @JoeTaxpayer mentioned that fear of mistakes can lead to missed rewards.  I understand that; however, these 0% loans are full of small print designed to trip you up.  A single mistake can negate years and years of these small gains.  You don't want to be penny wise and pound foolish."}
{"text": " When people are crowing about their achievements, they often take liberties with those achievements. Vitalik's interpretation -- net worth, is probably what you would naturally come to mind. But when someone is bragging, that could mean anything -- $1M of total revenue."}
{"text": " Most bond ETFs have switched to monthly dividends paid on the first of each month, in an attempt to standardize across the market.  For ETFs (but perhaps not bond mutual funds, as suggested in the above answer) interest does accrue in the NAV, so the price of the fund does drop on ex-date by an amount equal to the dividend paid. A great example of this dynamic can be seen in FLOT, a bond ETF holding floating rate corporate bonds.  As you can see in this screenshot, the NAV has followed a sharp up and down pattern, almost like the teeth of a saw. This is explained by interest accruing in the NAV over the course of each month, until it is paid out in a dividend, dropping the NAV sharply in one day. The effect has been particularly pronounced recently because the floating coupon payments have increased significantly (benchmark interest rates are higher) and mark-to-market changes in credit spreads of the constituent bonds have been very muted."}
{"text": " \"Generally, a polite decline. However, I have dealt with sales people who take first refusal as a \"\"test\"\" response, and decide to go into the details anyway. The longer they talk the more robust my responses. See this Telegraph article that discusses why their experts think it's a ripoff, and why you should check your credit cards and home insurance policies as they may already have you covered (possibly UK/Europe only). http://www.telegraph.co.uk/finance/personalfinance/2820644/Extended-warranties-In-our-view-its-a-rip-off.html On a different note, see this list of questions to ask if you are considering going with the extended warranty. The source doesn't rule for or against the idea, leaving it at caveat emptor: http://www.choice.com.au/reviews-and-tests/technology/home-entertainment/accessories/extended-warranties/page/questions%20to%20ask.aspx\""}
{"text": " It should be in the name(s) of whomever puts money in the account.  When filing your taxes there will be a question or space to mark the percentage of income in each others name. If you're just looking for small amounts of income splitting, then it's legal for the higher earning spouse to pay household expenses and then the lower earning spouse can save all or some of his/her income. Whether or not to have 2 accounts or not has more to do with estate planning and minimizing account fees if applicable.  It can also help in a small way for asset allocation if that's based on family assets and also, minimizing commissions."}
{"text": " \"In that case, would it then be assured that the entire classes scores are high if they are based on the weakest student as the bar?  *some of the implementations of \"\"No Child Left Behind\"\" encourage pacing to the slowest student rather than challenging all of them at the level they can be challenged. It's pretty broken.*\""}
{"text": " A commercial space that would give wings to your dreams. A place that boasts of supreme architecture and a business-friendly environment. Located on the heart of the city's trading district, it's the perfect place to make your business ready for the next big leap to success. Make this embodiment of status and power yours today"}
{"text": " > Public employees should fly what is cheapest and pay for an upgrade out-of-pocket if so desired because we the taxpayers pay their tickets/salaries  Eh, that still comes down to what the purpose of the flight is.  If you need someone to come off a flight in a functional state, flying coach isn't going to do that.  Flying at a higher level isn't just about being luxurious - it's about being able to be operational at a high level post-flight."}
{"text": " \"left out of the pictures is the degree to which the ECB is buying their own bonds.  At least with the FedResInk, we know what sort of \"\"open market\"\" action is being taken to keep interest rates held as close to zero as possible.  I coke dealer can make sure his \"\"sales\"\" are through the roof by using his own product, but eventually he has to buy more supply.  I think people are confused about central banks being that coke dealer or being his supplier.\""}
{"text": " This is the thing, with EU and North America thinking sanctions on Russia are good, for the short-run they will work but Iran has been steadily making allies on their home turf, the $400 billion deal with China, now Iran and I wouldn't be surprised if they have one in the works with India. These countries don't care about sanctions, they have an economic/population crisis and they need to focus on that hence all these deals pulling through."}
{"text": " I was frankly surprised at the writing style and the amount of info presented in this post. Are you interested to accept a guest blogging gig for a blog with the same niche topics that you deal with? Please let me know.."}
{"text": " > You're right about the accuracy of axioms being important though. If you can disprove an axiom you can disprove the theory, that's why the fewer axioms taken, and the simpler those axioms are, the stronger the resultant argument becomes.  That is true philosophical argument and is however quite a bit removed from the original point of this discussion. Your point, which I rebutted several times over the course of this thread - is that lowering taxes will lead to increased growth, compensating for the revenue deficit. You are basing this on the Laffer curve - which states that there is a particular taxation point where the total collected taxes are maximized. The curve itself seems fairly common sense at a first glance, but are we to the right of the curve? Several papers have argued that we are on the left^[1](http://www.journals.uchicago.edu/doi/10.1086/261018),[2](http://www.sciencedirect.com/science/article/pii/S105353579690013X),[3](http://www.sciencedirect.com/science/article/pii/0304393295012249).  Additionally, the curve itself is doubtful - as it has not been observed in a real world setting. Austerity measures almost wrecked European economies in the early part of this decade, while the Kansas experiment was a utter bust.   > We can make certain simple assumptions about human nature, such as that all else being equal, people will chose to take actions that aligns with their wants/needs over ones that do not.  And this is an incomplete statement. People will take actions in a boundary of possibility. That boundary is much higher for somebody whose wealth puts them at 99.9% of the scale rather than being at 20%. And taking the point further, the wants/needs are also very different for somebody at different social stratums. Given that, there is no evidence (and rather there is a wealth of contradictory evidence) that giving a tax cut to the highest income earners would boost the economy.  Your assumptions and axioms are wrong, and a simple introductory economics course ([MITX](https://ocw.mit.edu/courses/economics/14-02-principles-of-macroeconomics-spring-2014/), [edX](https://www.edx.org/course/introduction-economics-macroeconomics-snux-snu044-088-2x)) will solve your misconceptions.  Beyond mathematical mastery, the true mark of a rational, scientific person is a willingness to accept mistakes and be humble about it. I see neither in you. On the contrary when presented with evidence, you raise straw man arguments (eg: the validity of epistemological vs empirical observations), obfuscate facts and changing of goalposts. When presented with economic reason, I see pride in not knowing modern economic advancements. You see that as a mark of intelligence, but that is idiocy that belongs on /r/iamverysmart"}
{"text": " Alright business types, how is facebook worth anywhere near 24B? Where is this revenue coming from?   Also, how are they so sure facebook isn't going to be the next myspace, given how fickle the population is and how many people are already fed up with facebook to the point where they have closed accounts?"}
{"text": " That seems like a very high valuation. 2 years ago in the Ellen Pao lawsuit Pao's side claimed Reddit was worth $250mm, and the press had claimed it was $500mm. Either Reddit's valuation has more than tripled in 2 years, or this article is misleading."}
{"text": " A person who always saves and appropriately invests 20% of their income can expect to have a secure retirement. If you start early enough, you don't need anything close to 20%. Now, there are many good reasons to save for things other than just retirement, of course. You say that you can save 80% of your income, and you expect most people could save at least 50% without problems. That's just unrealistic for most people. Taxes, rent (or mortgage payments), utilities, food, and other such mandatory expenses take far more than 50% of your income. Most people simply don't have the ability to save (or invest) 50% of their income. Or even 25% of their income."}
{"text": " > shopping is the be-all-end-all of consumerism  This is a fact. What has amazon acquired that is worse off for the consumer than before the acquisition? I can think of when walmart has been shit, like when they basically bankrupted rubbermaid over a single digit percentage price increase. Amazon seems to have the consumer's interests in mind, directly behind maximizing profits."}
{"text": " \"First, your question contains a couple of false premises: Options in the U.S. do not trade on the NYSE, which is a stock exchange.  You must have been looking at a listing from an options exchange. There are a handful of options exchanges in the U.S., and while two of these have \"\"NYSE\"\" in the name, referring to \"\"NYSE\"\" by itself still refers to the stock exchange. Companies typically don't decide themselves whether options will trade for their stock.  The exchange and other market participants (market makers) decide whether to create a market for them. The Toronto Stock Exchange (TSX) is also a stock exchange.  It doesn't list any options.  If you want to see Canadian-listed options on equities, you're looking in the wrong place. Next, yes, RY does have listed options in Canada. Here are some.  Did you know about the Montreal Exchange (MX)?  The MX is part of the TMX Group, which owns both the Toronto Stock Exchange (TSX) and the Montreal Exchange. You'll find lots of Canadian equity and index options trading at the MX.  If you have an options trading account with a decent Canadian broker, you should have access to trade options at the MX. Finally, even considering the existence of the MX, you'll still find that a lot of Canadian companies don't have any options listed.  Simply: smaller and/or less liquid stocks don't have enough demand for options, so the options exchange & market makers don't offer any. It isn't cost-effective for them to create a market where there will be very few participants.\""}
{"text": " This is a problem more than the first commenter realizes.  I have visited the UAE and marveled at the buildings in Dubai and Abu Dhabi.  Yesterday I learned that they have to get sand for their concrete from Australia! Just the waste in shipping sand. Then again they've got the money.  I knew like others, desert sand isn't useful for concrete.  Concrete is amazing stuff and under appreciated.  There is r/concrete where I read that modern Portland cement technology that's used in modern concrete uses far more heat to process than ancient Roman technology, the original concrete builders, and that the Romans made a longer lasting durable concrete. Modem concrete, like plastics, are not designed to last hundreds of years."}
{"text": " \"Not really.  They didn't account for the fact that the income would first be spread out over 8 billion people.  I don't know if anyone in Keynes time was thinking about dozens of industries closed in America and moved directly to China.  Had you suggested that to them I think they would have thought it ridiculous but that is in fact what happened.  Also, theories on trade suggest that it makes everyone better off.  So if you ask any economist at any given point if more free trade is better they will probably say \"\"yes\"\".  That was all fine until about the 1980s when computer networks made it possible to globalize supply chains.  Suddenly vast CAD/CAM systems sprung up and suddenly you could pay a worker a $1 a day to do what someone in the US was getting $45 an hour to do.  The economics of it for corporations were absolutely irresistible and they lobbied hard to make sure noting got in the way (note that free trade pacts passed under both parties).  In order to mask the fact that this was happening a giant credit bubble was created in the developed world using the newfound savings of the developing world.  Living standards were temporarily maintained in developed countries by borrowing money from the people they had sent their jobs to.  The effects of this are all pretty clear.  Most developed nations are now burdened under a mountain of debt.  Central banks are having a difficult time maintaining enough liquidity to support the illusion of buying power in developed nations that is no longer present without enormous artificial support.  Many Americans alive today cannot even remember a time when America's current account deficit was not deeply in the red.  So far the only thing propping up developed nations is the use (and threat of use) of vastly superior military force.  That hasn't really changed but every day the developing nations encroach a little bit more on the resources of the world for consumption rather than just production.  As that happens the hollowed out shells of the developed world start to feel more and more pressured as they come to realize they really don't have much of value to trade.  America's biggest exports are food and services.  Food is surely important but one farmer can farm like 100,000 acres.  And services just means we can export the time of a Wall Street douchebag at a high rate of pay.  yippee.\""}
{"text": " \"It will happen about 5 or 6 months before the tragedy that makes everyone wonder why the fuck we thought it was a good idea. The issue is not just computers being \"\"faster\"\", it is ow the receive and process information, the reliability of their sensors, how they react to conflicting information, etc, etc, etc.\""}
{"text": " When you give your credit card number and authorize a merchant to charge your credit card, the merchant then gives the information to their merchant processor which in turns bills the bank that issued the card (it's a little more complex and it all happens instantly unless the merchant is using the very old fasion imprinting gizmos). It is possible for a merchant to attempt to charge you more than you authorized but if they do they risk a fine ($25-$50 for a chargeback) from their processor, the legitimate portion of the charge as well as increasing the processing fees charged by their processor or even the possibility of loosing their merchant account entirely and being permanently blacklisted by Visa/Mastercard. In short no legitimate business is going to intentionally over charge your credit card.  There really isn't significant risk in using a reputable online retailer's order forms. There is the possibility that their database could be compromised but that risk is lower than the risk of having an employee steal your credit number when you give it to them in person. Besides in the US at least the most you can legally be held liable for is $50 assuming you notice the discrepancy within 60 days of statement the charge appears on and most banks limit liability to $0.  Over the years I have had a number of different credit card numbers stolen and used fraudulently and I have never had to pay any fraudulent charges."}
{"text": " First off, great job on your finances so far. You are off on the right foot and have some sense of planning for the future.  Also, it is a great question.   First, I agree with @littleadv. Take advantage of your employer match. Do not drop your 401(k) contributions below that. Also, good job on putting your contributions into the Roth account. Second, I would ask: Are you out of debt?  If not, put all your extra income towards paying off debt, and then you can work your plan. Third, time to do some math.  What will your business look like?  How much capital would you need to get started?  Are there things you can do now on a part-time basis to start this business or prepare you to start the business? Come up with a figure, find some mutual funds that have a low beta, and back out how much money you need to save per month, so you have around that total.  Then you have a figure. e.g. Assume you need $20,000, and you find a fund that has done 8% over the past 20 years.  Then, you would need to save about $110/month to be ready to go in 10 years, or $273/month to go in about 5 years.  (It's a time value of money calculation.) The house is really a long way off, but you could do the same kind of calculation.  I feel that you think your income, and possibly locale, will change dramatically over the next few years.  It might not be bad to double what you are saving for the business, and designate one half for the house."}
{"text": " What is your focus in your finance coursework? Investments? Wealth management? Corporate finance?  Find something that compliments your desired path. Finance in-and-of itself is one of the most marketable business degrees available (if not THE most), and anything to show you're well-rounded will help get a job.   Don't add real estate as a minor. Most school teach across a $eme$ter what you can learn in a month or two when studying to get your RE license. So, pay thousands of tuition dollar$, or pay the several hundred bucks for your test/course materials.   Experience: finance degree, now a commercial real estate broker"}
{"text": " With new credit scores tend to be very volatile. It could be something as small as carrying a higher balance or credit inquiries.  Like I mentioned, check Credit Karma to confirm nothing has changed. Also, see your inquiries. That may have impacted your score"}
{"text": " I can't believe no one has mentioned Detroit yet!   Amazon already pulls a huge percentage of their MBA hires from 40 miles away at the University of Michigan. The state is filled with good schools pumping out smart, qualified STEM, engineering, and computer science majors. We're also surrounded by great schools in Chicago and Pennsylvania.   Detroit has an exploding urban core but also lots of space for new development right downtown. It has a quickly diversifying economy, though the auto industry is still a significant player which is assisting with Detroit's thriving tech sector and driving autonomous vehicle research and development.  Detroit is 20 minutes away from Canada (across a bridge or through a tunnel - and a second bridge is in the process of being built). Depending on how the US emigration policy continues, having access to an international workforce via Canada at a US HQ could be a game changer.  There is a lot that Detroit can offer that is unique to this city."}
{"text": " > my only argument is that the degree alone doesn't define competence.  Of course! But degrees determine interests.  And it seems that you are trying extremely hard to not understand what I said: if someone has degrees in music and has proven skill and knowledge in security, I will hire them.  But not as Chief Information Security Officer. For this, you need someone who took many specialized training and got their end dirty working, designing, planning and setting security systems.  So we BOTH agree, mainly based on the stupid things that Susan said, that Susan was not qualified for her job.  > I also never agreed that she got the job due to connections:   So give me a possible way how Susan got her job.  > HR ...  Contractors, on the other hand, perfectly fine.  OMG! Contractor, or temps, or outsourcing is not fine, especially by the HR department, because it all means trying to save money on workers, not giving any benefits or security and shoddy work.  Contractors, except IT, are paid less than permanent employees.  All I can wish for you that you will work as a Contractor all your life and you will see how great it is yourself."}
{"text": " \"Is he affiliated with the company charging this fee? If so, 1% is great. For him. You are correct, this is way too high. Whatever tax benefit this account provides is negated over a sufficiently long period of time. you need a different plan, and perhaps, a different friend. I see the ISA is similar to the US Roth account. Post tax money deposited, but growth and withdrawals tax free. (Someone correct, if I mis-read this). Consider - You deposit \u00a310,000. 7.2% growth over 10 years and you'd have \u00a320,000. Not quite, since 1% is taken each year, you have \u00a318,250.  Here's what's crazy. When you realize you lost \u00a31750 to fees, it's really 17.5% of the \u00a310,000 your account would have grown absent those fees. In the US, our long term capital gain rate is 15%, so the fees after 10 years more than wipe out the benefit.  We are not supposed to recommend investments here, but it's safe to say there are ETFs (baskets of stocks reflecting an index, but trading like an individual stock) that have fees less than .1%.  The UK tag is appreciated, but your concern regarding fees is universal. Sorry for the long lecture, but \"\"1%, bad.\"\"\""}
{"text": " >UPDATE II: Thanks to @world_first for spotting that the Drachma has now *been taken **of** Bloomberg*.  I see this on reddit on every comment page. Often, multiple times. Is this some new non-standard version of English? Or does the author not even know what he's writing?"}
{"text": " I have no problem with H1-Bs, though if prefer the government open immigration up more generally all these folks wouldn't have to essentially be indentured servants. That said, having worked for years as a consultant doing tech-related projects at many of the world's/America's largest corporations, they are all using H1-B tech workers as cheap labor. This isn't being done in small pockets here and there. It is on a massive scale. In some companies, there are probably 5x more H1-B tech workers than there are citizens and permanent residents. These H1-B workers don't have any skills that are impossible to find otherwise (in fact, much of the time they are lower skilled). They are simply cheaper."}
{"text": " The fact that your credit card has seen the payment is strong evidence that the transaction did in fact take place.  But it's not unusual for there to be a delay of one or two business days before transactions show up in your online banking records.  Saturday and Sunday are not business days.   I bet you will see it on Monday.  If it's not there by Tuesday, you could call the bank."}
{"text": " What you have to remember is you are buying a piece of the company. Think of it in terms of buying a business. Just like a business, you need to decide how long you are willing to wait to get paid back for your investment.  Imagine you were trying to sell your lemonade stand. This year your earnings will be $100, next year will be $110, the year after that $120 and so on.  Would you be willing to sell it for $100?"}
{"text": " Gold and Silver have gone up massively as the dollar has devalued.   Roosevelt actually did confiscate gold, you were required to sell it to the federal Reserve.   I would stay away from nusimatics or other overpriced vehicles for gold but the underlying statements are true."}
{"text": " > apps that listen to you speak and then you see ads  FYI, this has never been verified by anyone.   Here's an article: http://www.webpronews.com/facebook-listens-2015-02/  The rumor got started on reddit, what many of these people probably didn't realize is that they were simply the victim of high-end marketing.   The capability technically exists, but it wouldn't make any sense to run advertising based upon someone's conversation. You'd need some context to run that advertising. Plus, voice recognition isn't great for things like brand names."}
{"text": " If it's a legitimate cost of doing business, it's as deductible as any other cost of doing business. (Reminder: be careful about the distinctions between employee and contractor; the IRS gets annoyed if you don't handle this correctly.)"}
{"text": " Overall, I strongly recommend cashing out your savings and becoming debt free today, and then never borrowing again except for a house. Advantages: Disadvantages: My wife and I paid of all of my grad school debt last year, and we\u2019re paying off all of her grad school debt this year.  To pay that aggressively, we\u2019ve had to learn to live on a much tighter budget.  But when we\u2019re done, if we simply invest what we have been paying toward debt into the stock market, our nest egg will compound to over $10 million by the time we retire.  According to Dave Ramsey, when the Forbes 400 were polled, 75% of them cited becoming and staying debt-free as the single best way to build wealth: http://www.daveramsey.com/article/three-steps-to-wealth-building-for-young-adults/lifeandmoney_college/text4/"}
{"text": " \"The other answer has mentioned \"\"factual resident\"\", and you have raised the existence of a U.S./Canada tax treaty in your comment, and provided a link to a page about determining residency. I'd like to highlight part of the first link: You are a factual resident of Canada for tax purposes if you keep   significant residential ties in Canada while living or travelling   outside the country. The term factual resident means that, although you left Canada, you   are still considered to be a resident of Canada for income tax   purposes. Notes If you have established ties in a country that Canada has a tax treaty   with and you are considered to be a resident of that country, but you   are otherwise a factual resident of Canada, meaning you maintain   significant residential ties with Canada, you may be considered a   deemed non-resident of Canada for tax purposes. [...] I'll emphasize that \"\"considered to be a resident of Canada for income tax purposes\"\" means you do need to file Canadian income tax returns. The Notes section does indicate the potential treaty exemption that you mentioned, but it is only a potential exemption. Note the emphasis (theirs, not mine) on the word \"\"may\"\" in the last paragraph above. Please don't assume \"\"may\"\" is necessarily favorable with respect to your situation. The other side of the \"\"may\"\" coin is \"\"may not\"\". The Determining your residency status page you mentioned in your comment says this: If you want the Canada Revenue Agency's opinion on your residency   status, complete either Form NR74, Determination of Residency Status   (Entering Canada) or Form NR73, Determination of Residency Status   (Leaving Canada), whichever applies, and send it to the International   and Ottawa Tax Services Office. To get the most accurate opinion,   provide as many details as possible on your form. So, given your ties to Canada, I would suggest that until and unless you have obtained an opinion from the Canada Revenue Agency on your tax status, you would be making a potentially unsafe assumption if you yourself elect not to file your Canadian income tax returns based on your own determination. You could end up liable for penalties and interest if you don't file while you are outside of Canada. Tax residency in Canada is not a simple topic. For instances, let's have a look at S5-F1-C1, Determining an Individual\u2019s Residence Status. It's a long page, but here's one interesting piece:  1.44 The Courts have stated that holders of a United States Permanent Residence Card (otherwise referred to as a Green Card) are   considered to be resident in the United States for purposes of   paragraph 1 of the Residence article of the Canada-U.S. Tax   Convention. For further information, see the Federal Court of Appeal's   comments in Allchin v R, 2004 FCA 206, 2004 DTC 6468.   [...] ... whereas you are in the U.S. on a TN visa, intended to be temporary. So you wouldn't be exempt just on the basis of your visa and the existence of the treaty. The CRA would look at other circumstances. Consider the \"\"Centre of vital interests test\"\": Centre of vital interests test [...] \u201cIf the individual has a permanent home in both Contracting States, it   is necessary to look at the facts in order to ascertain with which of   the two States his personal and economic relations are closer. Thus,   regard will be had to his family and social relations, his   occupations, his political, cultural or other activities, his place of   business, the place from which he administers his property, etc. The   circumstances must be examined as a whole, but it is nevertheless   obvious that considerations based on the personal acts of the   individual must receive special attention. If a person who has a home   in one State sets up a second in the other State while retaining the   first, the fact that he retains the first in the environment where he   has always lived, where he has worked, and where he has his family and   possessions, can, together with other elements, go to demonstrate that   he has retained his centre of vital interests in the first State.\u201d [emphasis on last sentence is mine] Anyway, I'm acquainted with somebody who left Canada for a few years to work abroad. They assumed that living in the other country for that length of time (>2 years) meant they were non-resident here and so did not have to file. Unfortunately, upon returning to Canada, the CRA deemed them to have been resident all that time based on significant ties maintained, and they subsequently owed many thousands of dollars in back taxes, penalties, and interest. If it were me in a similar situation, I would err on the side of caution and continue to file Canadian income taxes until I got a determination I could count on from the people that make the rules.\""}
{"text": " Some credit card rewards programs will not give you rewards for balances paid off early. I have a Capitol One Platinum card, and once paid off the full balance; both the full amount due for the recently ended billing period, and the amount that had accrued for the current billing period. I never received any reward points for the additional amount. Though this sounds like it's paying even earlier than you're talking about."}
{"text": " \">If we could provide medicine, food, clothing, shelter, and internet access to every person in the country, then it hardly matters how callous and Randian the employment market is.  We can already provide medicine, food, clothing, shelter and internet access to every person in the country, for your implied price of more-or-less free.  Our GDP per capita versus our prices is high enough that a basic income program and a universal health-care program could pretty much *solve* the fundamental economic problems of life (in the \"\"how do I not die on the street?\"\" sense).  Capitalism in the Randian sense *is what stops us from doing so*.\""}
{"text": " \"This is the best tl;dr I could make, [original](https://www.richmondfed.org/publications/research/econ_focus/2016/q3-4/profession) reduced by 88%. (I'm a bot) ***** > A 2014 working paper by several German and Swiss researchers, "Happiness of Economists," concluded on the basis of a large-scale survey that economists are "Highly happy with life"; moreover, those in North America are the happiest.  > If working as an economist is so much fun, why do they retire at all? Although mandatory retirement at age 70 was once nearly universal in universities, where most research economists are employed, Congress abolished mandatory retirement for faculty starting in 1994.  > Even if a retired economist no longer participates in the profession in any form - no research, no writing, no consulting, no advising students - he or she may well continue to be an economist.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6zjx0h/do_economists_ever_really_retire/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~208272 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*: **economist**^#1 **retirement**^#2 **retire**^#3 **economic**^#4 **work**^#5\""}
{"text": " Good. A free press is not an excuse to blatantly lie and panick monger based on public irrationality and ignorance. PepsiCo et al. could/should take the lesson to heart with GMOs, stupid consumers and lying media companies should lead companies to stand up for their products, now cower and back down."}
{"text": " Millions of Americans are affected by this. Millions of Americans live in debt, through credit cards and other sources that depend on these scumbaggers. Yet, the media picks it up, due to necessity, and drops it faster than a wide receiver with no hands."}
{"text": " If you are in a position to have information that will impact the shares of a stock or index fund and you use that information for either personal gain or to mitigate the losses that you would have felt then it is insider trading.  Even if in the end your quiet period passes with little or no movement of the stocks in question.  It is the attempt to benefit from or the appearance of the attempt to benefit from inside information that creates the crime.  This is the reason for the quiet periods to attempt to shield the majority of the companies employees from the appearance of impropriety, as well as any actual improprieties. With an index you are running a double edged sword because anything that is likely to cause APPLE to drop 10% is likely to give a bump to Motorola, Google, and its competitors.  So you could end up in jail for Insider trading and lose your shirt on a poor decision to short a Tech  ETF on knowledge that will cause Apple to take a hit.  It is certainly going to be harder to find the trade but the SEC is good at looking around for activity that is inconsistent with normal trading patterns of individuals in a position to have knowledge with the type of market impact you are talking about."}
{"text": " Trump is two months away from saying that 9/11 was an inside job and that Clinton tried to use chem-trails on him.   He is a paranoid, deluded, sick man.   If we go to war because of this asshole, and millions die, Congress will have to be tried for treason for crimes against humanity for not stopping this and choosing to further their agendas instead."}
{"text": " I know it is ran by humans, that is why we elect them, after a campaign where get to know them a little bit better.   You're focused on one aspect of a government's task and ignore the rest.   Removing the government altogether wouldn't not solve the problem, probably the govt would be replaced by something else, very likely even worse."}
{"text": " Being a native app, it can basically do anything on your computer, be it reading documents and sending it to a server or participating in a botnet. The scope is huge and I don't think any individual can be expected to read the source code and audit it fully, but the hope is that enough interested parties will provide enough eyeballs looking through the code to spot any suspicious behavior."}
{"text": " Planned my grocery shopping better.  You can't just wake up on Saturday hungry go to the grocer and buy what looks good. Take the time to clip some coupons and more importantly make a shopping list."}
{"text": " Thank you for this. Very grounding advice. I'm about 30 years from retirement and I am indeed trying to time the market. Your advice was just what I needed. Thanks for telling me what I should have already known (stay calm and bugger on).   Also, a good night sleep and a run helped clear my head. But seriously, thx."}
{"text": " Indeed you are correct sir. But my response would be: does the customer/regulator not also have a model? And can a financial company exist without these two stakeholders explicit endorsement? Models always have assumptions: the key is figuring out what they are and why they should or shouldn't be made. I would argue that any investor sophisticated enough to be stooging around with leveraged ETFs, CDS index tranches, or illiquid long dated interest rate swaps better have a damn good reason to buy 'em...and if their model breaks is that the fault of the bank or the customer?"}
{"text": " You haven't said why you think you will gain at $41, but the graph never lies. Take it one piece at a time: At $41, your stock will lose a big chunk of value.  Your short calls will expire.  Your puts will gain a bit of value.  The stock's loss outweighs the option gains."}
{"text": " You still haven't explained it.  I'm actually a theoretical physicist and many things (in fact, many more than in the financial world) can be done with pen and paper.  Also, I have a friend who works in risks management for a bank and the things he describes can't be done with pencil and paper. Everyone in his department uses either matlab or C. Not a single person uses spreadsheets. So unless you can give me a specific example of anything meaningful that in this day and age can be done with spreadsheets, you haven't contributed anything to a conversation that had nothing to do with you."}
{"text": " Can a company not bargain with a dying company for example and buy a   falling stock at lower than market value? Of course. If the shareholders agree to it. But why would they, if the market value is higher, agree to sell to someone who offers less? If there's a compelling reason - it can happen. It might happen during a hostile takeover, for example. In the case of buying the company for more than market value, are the   stocks bought for significantly more, or slightly more than the   current market value? Again, depends on how valuable the shareholders think the company is. If the shareholders think that the company has a potential which has not yet affected the stock price, they'll want a higher premium (and they'd think that, otherwise why would they hold the stock?). How much higher? Depends on the bargaining abilities of the sides."}
{"text": " \"The article keeps quoting \"\"this study\"\" without linking it, but actively links to other studies which it labels \"\"left-leaning\"\" that argue different results.   I could just be blind though if anyone can spot it for me.\""}
{"text": " \"> This is an idea that was actually put into place more than a 100 years ago, in 1896 and even before, when the first electric cars were introduced and they even built \"\"service stations\"\" for them so you can swap the batteries. [read it here]  > Even electric cars made by Tesla are nothing new.  > And recently, a company called \"\"Better Place\"\", in Israel, produced modern electric cars with automated and robotic service stations that will swap the batteries for them. Read about \"\"Better Place\"\".  > Bottom line: nothing new here for more than 100 years.\""}
{"text": " \"Once upon a time (not all that long ago), British cheques used to say something like \"\"Pay to the order of ..,,,, or bearer the sum of ...,..\"\"  (emphasis added) and could be cashed by anyone unless the cheque-writer drew two parallel lines in the upper left corner of the cheque. These lines converted the instrument into a crossed cheque which could only be deposited into a bank account of the payee; a bearer of the cheque could not walk into the bank and waltz out with the cash equivalent. Perhaps British banks no longer use this styling (Indian banks still do) but if that cheque for 60k is not a crossed cheque, it better be sent securely with lots of insurance. An uncrossed cheque is the same as cash since it can be cashed by anyone. That being said, I am with @mhoran_psprep in thinking that all this is just a scam with the OP (mug) being asked to send 3600 bucks to \"\"girlfriend\"\"  (scammer) to cover the cost of sending the check with full insurance, and when the check arrives and is deposited by OP into his bank, it will turn out to be a dud, and \"\"girlfriend\"\" will be long gone.  The description of how the girlfriend signed a contract for 90k and received 60k of this amount upfront, but in the form of a check payable to boyfriend (!) OP reeks of scam; is this scenario realistic?  In the past, I  have received offers (usually from Nigeria) from \"\"women\"\" wanting to be my girlfriend, and I am sure that such offers will continue to come in the future....\""}
{"text": " Yeah. If you set sales goals on an AI such that it cannot reach them legitimately, there are no morals holding it back.  IANAL, but iirc dodging culpability is one of the main reasons YouTube uses pure blackbox AI to do its DRM / brand management stuff.  This is why, seriously, I think we need to get moral philosophers involved in AI projects, so we can embed some ethics at the core."}
{"text": " Try downloading a finance app like yahoo finance. Follow a few stocks, read through the articles - look up terms you don\u2019t understand. Search them on YouTube, Investopedia, - note book recommendations. Learn some economics as well.  Even if you\u2019re not interested in trading, this should help you learn the language enough to get an idea of what\u2019s out there - how money is thought of in different time periods, etc.  Finance can be very opaque when you first dip your feet in. You\u2019ll find you only understand 75% - 25% of what you\u2019re reading but that\u2019s ok just keep looking things up. I guarantee your understanding of what \u201cfinance\u201d means will slowly evolve as you keep learning.   Expect to spend maybe a few years to a lifetime figuring this stuff out."}
{"text": " \"The short answer is that the exchange of the stock in exchange for the elimination of a debt is a taxable exchange, and gains or losses are possible for the stock investor as well as the bank.   The somewhat longer answer is best summarized as noting that banks don't usually accept stocks as collateral, mostly because stock values are volatile and most banks are not equipped to monitor the risk involved but it is very much part of the business of stock brokers.   In the USA, as a practical matter I only know of stock brokerages offering loans against stock as part of the standard services of a \"\"margin account\"\". You can get a margin account at any US stock broker. The stockholder can deposit their shares in the margin account and then borrow around 50% of the value, though that is a bit much to borrow and a lower amount would be safer from sudden demands for repayment in the form of margin calls. In a brokerage account I can not imagine a need to repay a margin loan if the stocks dividends plus capital appreciation rises in value faster than the margin loan rate creates interest charges...  Trouble begins as the stock value goes down.  When the value of the loan exceeds a certain percentage of the stock value, which can depend on the stock and the broker's policy but is also subject to federal rules like Regulation T, the broker can call in the loan and/or take initiative to sell the stock to repay the loan.   Notice that this may result in a capital gain or loss, depending on the investor's tax basis which is usually the original cost of the stock.  Of course, this sale affects the taxes of the investor irregardless of who gets the money.\""}
{"text": " \"I'm not a tax professional, but as I understand it, you are not expected to commute from San Francisco to Boston.  :) If your employer has not provided you with an external office, then yes, you have very likely met the \"\"convenience of the employer\"\" test. However, to take the home office deduction, there are many requirements that have to be met. You can read more at the Nolo article Can You Deduct Your Home Office When You're an Employee? (Thanks, keshlam) The home office deduction has many nuances and is enough of an IRS red flag that you would be well-advised to talk to an accountant about it.  You need to be able to show that it is exclusively and necessarily used for your job. Another thing to remember: as an employee, the home office deduction, if you take it, will be deducted on Schedule A, line 21 (unreimbursed employee expenses), among other Miscellaneous Deductions.  Deductions in this section need to exceed 2% of your adjusted gross income before you can start to deduct.  So it will not be worth it to pursue the deduction if your income is too high, or your housing expenses are too low, or your office is too small compared to the rest of your house, or you don't itemize deductions.\""}
{"text": " If you don't have any voting rights then you don't have much say in the direction of the company.  Of course, if the majority of voting rights are held by 1 or 2 people/institutions then you probably don't have much say regardless. That said, 0.1% isn't a whole lot of a voice anyway."}
{"text": " I did this about 8 years ago with a buddy in Chicago for the reasons specified in the original post.  As other posters have suggested, we discussed  a lot of the same questions listed above, figured out the possible scenarios, and then had a lawyer draw up a contract.  We bought a 3 bedroom house, and rented out the 3rd bedroom.  Overall, it was a great experience.  We both built equity while having a renter pay a third of the mortgage.  Plus the property tax and interest on the loan were tax deductible.  Compared with renting an apartment, it made us  a lot more money.  In the end, we sold the house, and split the profits.  Assuming you have the personalities to make it work, I say go for it."}
{"text": " \"The term \"\"tailwinds\"\" describes some condition or situation that will help move growth higher. For example, falling gas prices will help a delivery company be more profitable. Lower gas prices is said to be a tailwind for the freight services industry. \"\"Headwinds\"\" are just the opposite. Its a situation what will make growth more difficult. For example, if the price of beef goes much higher, McDonald's is facing headwinds. It's a nautical term. If the wind is at your back (tailwind), that will help you move forward more quickly. If you are moving into a headwind, that will only make progress more difficult.\""}
{"text": " Every 401(k) has managers to make the stock choices.  They all have different rates.   You want to see that fidelity or Vangard is handling your 401(k).(and I am sure others)   If you have a mega bank managing your funds or an insurance company odds are you are paying way to high management fees. So find out, the management fees should be available should be less than 1%.  They can get as high as 2%...Ouch"}
{"text": " I know this isn't the topic at hand, but this kind of threat is exactly why net neutrality is so important. Imagine if the story continued thusly:  > In response, Amazon has contacted all of the major American ISPs and offered to pay them several million dollars to block or significantly throttle all traffic to www.walmart.com"}
{"text": " Several years ago a study found that US healthcare was so bad that a very large number of people died unnecessarily who would not have died if they were in one of the more advanced countries.  [New Study: U.S. Ranks Last Among High-Income Nations on Preventable Deaths, Lagging Behind as Others Improve More Rapidly](http://www.commonwealthfund.org/News/News-Releases/2011/Sep/US-Ranks-Last-on-Preventable-Deaths.aspx)"}
{"text": " That sounds pretty fishy to me.  I'm an IT professional - I can determine more about him if I have full access to the email headers.  Just give me your email and your password so I can log in and check the email he's using to contact you."}
{"text": " Remember both sides of the isle are playing the American public against each other. Don't let them win! Most Americans want the same things.   Random Quote:  *I used to say that Politics is the second oldest profession [prostitution being the oldest], but I have come to realize that it bears a gross similarity to the first.* - **Ronald Reagan**"}
{"text": " Get the best online shopping deals at shopallitems.com and gain excellent shopping experience. The craze of e-commerce sites has scaled high up! Allowing the customers to shop from their comfort zone, e-commerce shopping sites amazingly save time and effort spent for physical shopping. A trusted e-commerce shopping portal that offers a wide range of Electronics products online in uae at affordable price range is essential. If one wants to purchase any sports & fitness products or any electronics items then selecting the dedicated section, one can select the products easily."}
{"text": " From my own personal experience, you cannot trade spreads in RRSP or TFSA accounts in Canada. You can only buy options (buy a call or buy a put) or you can sell calls against your stock (covered call selling). You will not be able to sell naked options, or trade any type of spread or combo (calendars, condors, etc). I am not sure why these are the rules, but they are at least where I trade those accounts."}
{"text": " A wealth tax would help a lot more. Also, equalizing the rate on earned and unearned income would help.  Combine the two and there would be no revenue problem.  Next, dismantle the standing army. Problem solved. We've created a problem with a very easy solution. We're dumb."}
{"text": " \"Despite Buffett's nearly perfect consistent advice over the past few decades, they don't reflect his earliest days.  His modern philosophy seemed to solidify in the 1970s. You can see that Buffett's earliest days grew faster, at 29.5 % for those partners willing to take on leverage with Buffett, than the last half century, at 19.7%. Not only is Buffett limited by size, as its quite difficult to squeeze one half trillion USD into sub-billion USD investments, but the economy thus market is far different than it was before the 1980s.  He would have to acquire at least 500 billion USD companies outright, and there simply aren't that many available that satisfy all of his modern conditions. The market is much different now than it was when he first started at Graham-Newman because before the 1960s, the economy thus market would collapse and rebound about every few years.  This sort of variance can actually help a value investor because a true value investor will abandon investments when valuations are high and go all in when valuations are low.  The most extreme example was when he tried to as quietly as possible buy up an insurance company selling for something like a P/E of 1 during one of the collapses.  These kinds of opportunities are seldom available anymore, not even during the 2009 collapse. As he became larger, those investments became off limits because it simply wasn't worth his time to find such a high returner if it's only a bare fraction of his wealth.  Also, he started to deviate from Benjamin Graham's methods and started to incorporate Philip Fisher's. By the 1970s, his investment philosophy was more or less cemented.  He tried to balance Graham's avarice for price with Fisher's for value. All of the commentary that special tax dodges or cheap financing are central to his returns are false.  They contributed, but they are ancillary. As one can see by comparing the limited vs general partners, leverage helps enormously, but this is still a tangent. Buffett has undoubtedly built his wealth from the nature of his investments.  The exact blueprint can be constructed by reading every word he has published and any quotes he has not disavowed.  Simply, he buys the highest quality companies in terms of risk-adjusted growth at the best available prices.  Quantitatively, it is a simple strategy to replicate.  NFLX was selling very cheaply during the mid-2000s, WDC sells frequently at low valuations, up and coming retailers frequently sell at low valuations, etc. The key to Buffett's method is emotional control and removing the mental block that price equals value; price is cost, value is revenue, and that concept is the hardest for most to imbibe.  Quoting from the first link: One sidelight here: it is extraordinary to me that the idea of buying dollar bills for 40 cents takes immediately to people or it doesn't take at all. It's like an inoculation. If it doesn't grab a person right away, I find that you can talk to him for years and show him records, and it doesn't make any difference. They just don't seem able to grasp the concept, simple as it is. A fellow like Rick Guerin, who had no formal education in business, understands immediately the value approach to investing and he's applying it five minutes later. I've never seen anyone who became a gradual convert over a ten-year period to this approach. It doesn't seem to be a matter of IQ or academic training. It's instant recognition, or it is nothing. and I'm convinced that there is much inefficiency in the market. These Graham-and-Doddsville investors have successfully exploited gaps between price and value. When the price of a stock can be influenced by a \"\"herd\"\" on Wall Street with prices set at the margin by the most emotional person, or the greediest person, or the most depressed person, it is hard to argue that the market always prices rationally. In fact, market prices are frequently nonsensical. and finally  Success in investing doesn\u2019t correlate with I.Q. once you\u2019re above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing. There is almost no information on any who has helped Buffett internally or even managed Berkshire's investments aside from Louis Simpson. It is unlikely that Buffett has allowed anyone to manage much of Berkshire's investments considering the consistent stream of commentary from him claiming that he nearly does nothing except read annual reports all day to the extent that he may have neglected his family to some degree and that listening to others will more likely hurt performance than help with the most striking example being his father's recommendation that he not open a hedge fund after retiring from Graham-Newman because he believed the market was topping, and he absolutely idolized his father.\""}
{"text": " Fundamentally these are my opinions I am expressing. Even though I try to remain as factual as possible, and have significantly modified my opinion over the years as a result of apparently factual information, it's still technically just opinion.  > My view is not so much that labour and finance capital returns need to be balanced (although that is probably a great thing to aim for), but that creation of wealth/capital needs to be intrinsically linked with the creation of real value.  By the way, when I say capital it's not generally just finance capital, but all operational capital goods. Which includes factories and all means of production. A certain amount of financing is needed to keep it operational, and more is needed to increase the means of production to grow overall wealth.  Have you ever heard of the [Bowley's law](http://en.wikipedia.org/wiki/Bowley%27s_law)? Basically you can't really push this ratio very far. If consumer demand dries up then production will get cut back to meat demand. Overproduction of stuff they can't sell is not what they are in business for. Likewise, is demand exceeds the capacity of production to keep up it pushes inflation, which drives up cost to reduce demand. So this ratio remains very nearly a constant. Even though this ratio was at historic highs in the 1970s, and historic lows today.  What happens when you artificially dry up labor returns, through excessive supply side policies, is that demand for production falls. Hence production is cut back to meet that demand. This of course reduces employment and increases job competition, which puts more downward on wages exacerbating the situation. Only once labor cost fall low enough it effectively subsidizes inefficient production methods which limits the falling wages at a reduced overall productivity. Note that this is under present circumstances, not those of the 1970s. This adaptive matching between production and demand insures that the Bowley ratio is never too far off of its historical averages, even if productivity is driven well below its potential.  More or less the same effect occurs for the opposite reason if capital return ratios are too low. Though with opposite effects on the inflation rate and such. When consumer demand is high enough capital will pay whatever labor cost is required to meet that demand, so long as it remains profitable enough, i.e., they get a reasonable ratio of the market return. Consumer demand with sufficient capital profit margins is what drives full employment, not the sheer volume of capital returns as present policies essentially assume. Yet you can't have a broad based consumer demand, to drive employment, without sufficient labor returns, as those labor returns is what finances that demand needed to drive employment.  So not only does labour and capital returns need to be balanced. Economics does NOT allow it to be unbalanced, at least for long. Even if balancing requires the economy to shrink, productivity to fall, etc., that is exactly what it will do to remain balanced. No choice given, no matter how draconian the regulations to force it. This is true under purely agrarian economies of the past, pure communism, and even ecology. This is why I am a capitalist, because nature gives me no choice. But acceptance of that fact does not require me to have an ounce of tolerance for cronyism.  The only thing we can do is not push this balance in either direction to destructive levels. Because destruction is what will happen for the balance to remain. Because so much of our productive capacity has been in productivity gains since the 1990s, and wages and demand have as yet not matched these productivity gains, we have a huge latent wealth capacity that continues to grow as we fail to take advantage of it. So far our supply side policies haven't so much destroyed wealth and productivity. Rather it has prevented us from seeing the potential gains from the latent productivity growth from technologies over the few decades.  ---  The last part you mention about wealth/capital needing to be intrinsically linked with the creation of real value. You are absolute 100% entirely correct. Perhaps even more than you know. Ever heard of planned obsolescence, or [The Light Bulb Conspiracy](http://topdocumentaryfilms.com/light-bulb-conspiracy/)? That link is a documentary on the issue that will make you mad. We could almost certainly pay a flat 90% tax rate on everything and still not come close to what this issue cost us. That's not the only means this issue imposes cost, but it is extreme.   Of course just because an appliance still works doesn't mean people will not replace it with newer better models. But the trash pile insures there is a much more limited secondary market for poorer people. Consumption debt cost is also a far bigger issue than people recognize. Debt to finance capital goods for production is fine, as this feeds productivity and wealth in a manner that sustains itself even as the debt is paid. Consumption debt is an entirely different beast. Creating a significant section of the population that feeds on peoples income without producing a thing. Only to let allow people to consume income they haven't earned yet.  This generally falls under the category of rent seeking behavior. Yeah, the lack real value creation turns my stomach. That people will knowingly spend money on temporary non-essential novelties and such is all fine and dandy, but underhandedly renting our base appliances for a certain number of uses is outrageous in my book."}
{"text": " \"I found this great resource at MarketWatch.com - a listing on online games that help parents teach kids about saving and finance, set up by age group. Here's an example of some of the content: For children six to nine: www.fleetkids.com, sponsored by the Fleet Bank, has great games -- like \"\"Buy lo, Sell hi\"\" and \"\"Chunka Change\"\" -- that teach kids about spending and saving. Kids can compete for prizes such as computers and backpacks for their schools.\""}
{"text": " Article was about insurers not liking the uncertainty. Some insurers want Obamacare repealed, some of them want it to stay. But they all don't want to political climate of uncertainty. A situation where people wouldn't be mandated to buy insurance because they don't fear the IRS actually requiring them, but where the actual regulations haven't been changed yet is a nightmare for insurers."}
{"text": " I still don't understand this, you have an option between two cars, they are exactly the same except for one is cheaper and has less battery capacity, that means the company who built it is making less money on the cheaper one, and you have the choice between the two cars. You could very easily just buy the more expensive one if you have the money then, or you can afford it now until you have the money later, always your choice. If you don't like it, buy the more-expensive bigger battery, not the cheaper car that costs the same net price after the upgrade. What's wrong with that?"}
{"text": " In the question you cited, I assumed immediate exercise, that is why you understood that I was talking about 30 days after grant. I actually mentioned that assumption in the answer. Sec. 83(b) doesn't apply to options, because options are not assets per se. It only applies to restricted stocks. So the 30 days start counting from the time you get the restricted stock, which is when you early-exercise. As to the AMT, the ISO spread will be considered AMT income in the year of the exercise, if you file the 83(b). For NQSO it is ordinary income. That's the whole point of the election. You can find more detailed explanation on this website."}
{"text": " \"Ah, I just read a fascinating comparison between *gambling, investing, and trading* on either /r/foodforthought, /r/depthhub or maybe /r/truereddit. It reminded me a lot of the \"\"investors\"\" in Trump's projects.   My take on it is anyone putting money into one of his projects does so with the awareness of his track record, and is simply playing the game at that level. If they somehow haven't protected themselves against the possible loss of their \"\"investment\"\", that would be as silly as failing to carry health/homeowner/vehicle insurance.   One obvious response is to sue, alleging that Trump is evil, and that he intentionally stole money from his hapless investors. Finance at that level is a strategy game. He happens to be a skilled player, and especially adapt at extracting himself from seemingly losing positions. Personally, I wouldn't play at his table.\""}
{"text": " All rules have unintended consequences.  The more complex the ruleset, the more difficult it is to predict the outcome.  The choice is fundamentally to constantly change the rules, and pile rules on top of rules, or simplify the rules and make them more permanent.   If what the MP was suggesting was tax-code simplification in order to reduce the unintended side-effects then I would call this smart.  However adding extra rules and making the tax-code denser and more difficult to follow I believe makes the 'intent' of the law _harder_ to follow, undermining the purpose of creating the new rules."}
{"text": " Oanda.com is a very respectable broker. They don't offer ridiculous leverage options of 200 to 1 that prove the downfall of people starting out in Forex. When I used them a few years back, they had good customer service and some nice charting tools."}
{"text": " Union Electricians make an average of $60-$80k depending on your area. Some can make less, but typically that would be non union workers. Some states are right to work, and by definition they will pay less than unions. Union Floor Layers/Carpenters/Painters all make way more than you can believe. Again, non union will take a small hit, but all clear $25/$30 and hour without second thought. There can be ups and downs in the market, work can get scarce, but if you save - there is not a problem. No college is required for the trades. Hard work is necessary, getting dirty as fuck is necessary, early start times/long days are a must, and the most obvious is working around many dipshit motherfuckers who shit in glue and paint buckets."}
{"text": " Short term: ask for a raise or look for a new job that pays more. Longer term:"}
{"text": " Canadian here: the US is our biggest customer, so we were impacted economically. I expected that within a year or two of the US housing collapse, we would also be hit, but something else happened: when the US dropped interest rates like a stone, we were also forced to drop interest rates. This meant that suddenly, money was being handed out for very very cheap, so cheap it was almost free if you had a decent job and good credit. The housing market here paused for a brief moment, and then continued climbing. It never stopped until some new rules were implemented, aimed mostly at foreign buyers and investors, and put in place this year. It appears however that this current drop in prices may be a temporary dip. The average cost of a home in Toronto is still around $1m CAD, and our real estate is still among the most expensive in the world if you look at how much we pay compared to our incomes.  In some places, houses have basically tripled over the past decade.  My point here is that Canadian home owners were not impacted negatively by the 2008 crisis. In fact, once the free money started flowing and prices went up accordingly, Canadian home owners were enriched as a direct result of the 2008 US housing crisis. The situation is clearly unsustainable, and the market is irrational. It's easy to say that we are in a bubble but it is  impossible to tell when it will crash. In Canada, it's harder to walk away from mortgage debt; if you're underwater on your home, and the bank forecloses on you and sells the house for less than you owe, you still owe the bank the remainder of the money (in most provinces)."}
{"text": " I don't look down on poor people at all.  I've been there.  I'm just trying to describe the correct attitude that will help one rise up out of poverty. Blaming others, blaming 'the system', blaming your parents, blaming minimum wage, blaming your boss, blaming social media, blaming the news, blaming the Russians, blaming immigrants ----  NONE of that shit is going to help YOU get out of poverty.  Taking responsibility for your own life is the only way out.  Luckily we live in a system that allows you do to that.  There are other systems.  You could have been assigned a job at birth, because that's what you father did.  Do you like that system better?    What are you even so worked up about?  What have I said that is factually incorrect?  What do you think should happen in Society?  Should the wealthy just give money to the poor?  Would that make you happy?  Like, what are you even arguing for?"}
{"text": " > Get them into coding and they will never need a degree. I'm 20 years old in college and I strongly believe that is where it is all going  Don't you think that you should at least get your first job before declaring how the industry works?"}
{"text": " Explain that you are looking for work that is more fast paced than what you are currently doing.   You are obviously very smart and probably good with people as you are on a leadership type career path.   If you find you don't have the network to talk to people in the industry, or are concerned about your lack of financial background, you may want to look at the CFA. Although not really quantitative, it would show your commitment to the investment profession, and you could join your local CFA Chapter."}
{"text": " Well, once you get a distillation column going, you'll find that the results of refining is quite a bit more than just [gasoline](http://www.globalization101.org/uploads/Image/Energy/picture-refinery.jpg). Even then, the octane level of the gasoline you produce will probably be too low without some additives."}
{"text": " \"Options are generally viewed as having two types of value: \"\"Intrinsic value\"\" and \"\"time value.\"\"  The intrinsic value is based on the difference between the strike price on the option and the spot price of the underlying.  The time value is based on the volatility of the underlying and the amount of time left until expiration.  As the days pass toward expiration, the time value generally decreases, and the intrinsic value may move up or down depending on the spot price of the underlying. (In theory, time value could increase at some points if the volatility is also rising.) In your case, it looks like the time value is decreasing faster than the intrinsic value is increasing. This may happen because the volatility is also going down (as suggested in the answer by CQM) or may just happen because the time to expiration is getting shorter at equal volatility. As noted by DumbCoder in a comment to the original question, the Black-Scholes formula will give you more analytical insight into this if you're interested.\""}
{"text": " Being in the zone sounds like fun, but educators talk about how finding it is key to deeper learning and mastery of skills. Later in life, skilled professionals describe this feeling of flow, whether they are scientists, composers or professional ball players."}
{"text": " Problems do not arise from small individual acts of kindness. Problems arise when you attempt to construct a government and a society around false economic morality.  People very successfully navigate their own internal altruism and greed because they are allowed by society to make the calculation for how much they can give on their own. Once you start mandating altruism, all bets are off.  You mean they aren't paid to build monuments or do science? You mean scientists don't earn patents for their work? You mean science in general has no selfish commercial motive?  What a load of crap, dude. There are plenty of self motivated individualistic rationalizations for someone to work in cooperation with others. Namely, pay."}
{"text": " Truth is, doctors are paid too much. Why a doctor in India is paid $10000/year, relocates to USA, and magically becomes a wizard worth x20 more? Anyone can be a doctor, you don't need any special talents, creativity or out of the charts IQ. All you need is to memorize all the organs and all the drugs. Even this is questionable in the age of Google and Dr. Watson. But no politician will touch the subject with a 10-foot pole."}
{"text": " \"You're making the assumption that a person would be aware, in advance, that they'd have enough resources to pay the costs of anything that might happen. Second, you're assuming the cost of insurance would outweigh what the person would have to pay out of pocket if they didn't have insurance.  In other words as an example, if the insurance premiums on my car are so high that it would be cheaper for me to replace it myself in cash then it might make sense, but how likely is that to be the case?   There's a gambling adage that I think applies here - \"\"Always bet with the house's money\"\".  Why would I put my own money on the line in the event of some event rather than pay for an insurance policy that takes care of it for me?  That way, my costs are predictable and manageable - I pay the premiums and perhaps a deductible, and that's it.\""}
{"text": " It doesn't sound fishy at all to me. Just seems like you may be dealing with a company that has relatively light trading volume to begin with, meaning that small trades could easily make the price drop 8% (which isn't much if you're talking about a stocks in the $5 or less range. If someone sells at the bid and the bid happens to be 8% lower than the current price, that bid is now the price, hence the drop. The bid moving up afterward, just means that someone is now willing to place a higher order than what the last trade was, to try to get in."}
{"text": " Obviously China whispered to NK to chill. But the tweetmaster had been bullhorning about China being the control in that area of the world and not being active in that role while also sending the fleet. And it finally happened, after the UN tightened their trade down. So thats actually 3 things. UN action, China co-operation, NK standdown."}
{"text": " A Credit Balance means that you overpayed. That's nothing to worry about; it will just be used up by your next charges. Note that this can have two reasons - either you really paid too much; or you paid off a charge that is still 'pending' - meaning it has not yet posted and is not considered in the amount you owe: Most charges in restaurants for example are pending for a day or more, because the original charge is your bill without tip (they don't know the tip when the run the card!), and the merchant spends his weekends or evenings to type in the final amount (including tip) and post the pending charge. If this is the case, it will settle ('get posted') in a day or two, and then it will match up."}
{"text": " \"I somehow doubt there's any \"\"cast-iron\"\" reservation. Like airline carriage contracts, I bet in those multi page, tiny font legalese that actually is the rental car contract that everyone agreed to when they book (but few will read in its entirety I imagine)...there are clauses in there that probably say your reservation is not guaranteed and the rental company reserves the right to cancel cars for any reason.   Obviously if you're one of those frequent rental program person/top tier member you will likely be not nearly as likely to be cancelled on as opposed to some rando guy renting...\""}
{"text": " \"You're acting like my comments are inconsistent. They're not.  I think bitcoin's price is primarily due to Chinese money being moved outside of China. I don't think you can point to a price chart and say \"\"Look, that's the Chinese money right there, and look, that part isn't Chinese money\"\". That's what I said already.\""}
{"text": " You can look the Vanguard funds up on their website and view a risk factor provided by Vanguard on a scale of 1 to 5.  Short term bond funds tend to get their lowest risk factor, long term bond funds and blended investments go up to about 3, some stock mutual funds are 4 and some are 5. Note that in 2008 Swenson himself had slightly different target percentages out here that break out the international stocks into emerging versus developed markets. So the average risk of this portfolio is 3.65 out of 5.  My guess would be that a typical twenty-something who expects to retire no earlier than 60 could take more risk, but I don't know your personal goals or circumstances. If you are looking to maximize return for a level of risk, look into Modern Portfolio Theory and the work of economist Harry Markowitz, who did extensive work on the topic of maximizing the return given a set risk tolerance.  More info on my question here.  This question provides some great book resources for learning as well. You can also check out a great comparison and contrast of different portfolio allocations here."}
{"text": " \"Yesterday I was reading in the travel StackExchange about an Indian guy who was about to hand his passport over to his Employer in Africa. His problem was that he had taken an unauthorized trip back to India against orders, but still - he was about to hand over his passport to his foreign employer. And he had nothing on his mind other than how to please his employer to keep his job.   This is the reality for a lot of people. They either don't have leverage, or don't know what leverage they do have. I'm a programmer, and I know because I've been told - reading, engaging in the community, and gaining real experience.    Remember that other people can be younger, less skilled, more naive, more easily intimidated, and it doesn't make them stupid or worse people.   Why would anyone let their employer stick a chip in their body? Because they don't know any better. Because the employer is an authority, or they want the job, or the are scared of the consequences if they don't.   Posting that it's a bad idea is a good step to helping people. They can google \"\"Should I let my Employer Stick A Microchip Into My Body?\"\" and find this. Call out Three Square Market, and their stupid idea.\""}
{"text": " \"How is it rhetorical? Of course it can be answered, it's based on an actual concern and actual research done by other economists and it invokes discussion.  Being called a \"\"Debbie Downer\"\" is just an ad hominem that translates to: I don't like the way question you're making cause it's sad, so I'm just not going to answer it\""}
{"text": " \"When C did their 10-1 reverse split in 2011 all the fractional shares were aggregated and then sold with the proceeded going back to the fractional shareholders.     From their press release: \"\"No fractional shares were issued in connection with the reverse stock split. Instead, Citi\u2019s transfer agent will aggregate all fractional shares that otherwise would have been issued as a result of the reverse stock split and those shares will be sold into the market. Shareholders who would otherwise hold a fractional share of Citigroup common stock will receive a cash payment from the net proceeds of that sale in lieu of such fractional share. \"\"  While there was selling, it didn't cause a \"\"sell off\"\" so to speak.   I have also come across instances where the company buys the fractional shares and retires them.\""}
{"text": " This is a daily paper released by 1lamp1. It contains all current news events relative to Business but not the ones you would usually expect. Once you have read it you will not want to be without it You can follow 1lamp1 on Twitter \u2013 1lamp1"}
{"text": " \"Silicon Valley sexism explained? \"\"And then there are things like the \"\"brilliant jerk\"\" phenomenon, the idea that the smarter you are, the less nice you have to be. Engineering culture is notorious for verbal abuse. It's common for engineers to personally attack each other's intelligence, especially in environments where multiple people are contributing code to a project and other people are reviewing that code...So, many of these male engineers rise up through tech companies and become managers. And when they do, they may bring with them a sense of entitlement, and a hostile work culture. \"\"\""}
{"text": " Is this a reasonable goal or will it be impossible to get a loan with   my almost non-existent income? I know I can put estimated rental revenue as income, but I'm not sure   if I would qualify. Banks typically only count rental income after you've been collecting it for two years, and at that point the banks will count 75% of it as income for loan qualification purposes.  You'd have to qualify for the mortgage without the potential rental income. Currently that means a 43% debt (including proposed mortgage) to gross income ratio. Even if you qualify, you have to be prepared to handle repairs, HVAC/water-heater could fail on day 1, and tenants have a right to withhold rent if some repairs aren't made. You also have to be able to weather non-payment/eviction of a tenant. You could find a co-signor, maybe go in on a house with a friend, but there are risks and complications that can arise there if a party becomes unable to pay, or deciding how to split equity and expenses.  If you had the income/capital to comfortably pull it off without tenants, then that'd be a great situation, college rentals tend to be lucrative (I'd recommend getting tenants with parental co-signers to reduce risk). If you qualify but would be in trouble quickly if one tenant stopped paying, or a major appliance needed to be replaced, then it's probably not worth the risk."}
{"text": " I just listened to a podcast on this topic this week, and Satanicpuppy is pretty much correct. If you are interested, here is a link to the podcast on Legal Lad: Can Businesses Refuse to Accept Cash?"}
{"text": " \"A stock split can force short sellers of penny stocks to cover their shorts and cauuse the price to appreciate.  Example:  Someone shorts a worthless pump and dump stock, 10,000 shares at .50.  They have to put up $25,000.00 in margin ($2.50 per share for stocks under $2.50).  The company announces a 3 to 1 split.  Now the short investor must come up with $50,000.00 additional margin or be be \"\"bought in\"\". The short squeeze is on.\""}
{"text": " \"This is the best tl;dr I could make, [original](http://www.sciencemag.org/news/2017/07/cold-war-espionage-paid-until-it-backfired-east-german-spy-records-reveal) reduced by 87%. (I'm a bot) ***** > Deep in debt and struggling to provide for his family, Hans Rehder got an offer he couldn't refuse: to steal key files from his employer, West German electronics firm Telefunken, for a monthly payoff from East German agents.  > After controlling for the effects of trade and research and development, the team found that economic espionage boosted TFP growth in East Germany, helping it close the gap with West Germany by some 8.6% in 1989, they report in a working paper published by the Institute of Labor Economics, an economics research institute in Bonn, Germany.  > "They basically quantified what I did [already] in a qualitative way." Macrakis, who has argued that East German industrial espionage was ultimately a failure, says the next step is to look at how the stolen technology was integrated into individual East German firms, who often requested-and received-the stolen information.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qykhk/cold_war_espionage_paid_offuntil_it_backfired/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~180676 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*: **East**^#1 **espionage**^#2 **economic**^#3 **Germany**^#4 **German**^#5\""}
{"text": " No, YOU made it about me.  > If we were both to start our own companies,  > people like you   I'll talk to my employees and the other 100's of people I interact with daily.    You should try it some time."}
{"text": " Hey I used to do this for a job.          having two separate policies is a bad idea. If you decide you need more life insurance just increase the one you currently have. There are usually discounts for having higher levels of cover. Not only that but if you have multiple policies all you're getting is the task of doing multiple claims and maybe some additional policy fees depending on which companies you're looking at.        What did you consider when deciding how much life insurance to take?"}
{"text": " >I would much rather have my money in an up-trend.       Damn right.    Or at least have it liquid. We couldn't sell this house now, even though it's one of the best in the neighborhood. (The nice, but smaller, house across the street has been on the market for over a year.) A few other houses in the neighborhood didn't seem to have any problems being rented, though, so we could likely get rental income from this one if we wanted."}
{"text": " There would have to be regulations for a variety of issues involving driverless cabs.  But that is ignoring the fact that the main reason that most cabs aren't awash in bodily fluids at the end of a weekend night is that there is a human present to both prevent and deal with everything that happens in a cab."}
{"text": " The reason the article recommends a Roth 401k for those who have a long time until retirement is based on your salary, marginal tax rates, and effective tax rates and some assumptions. You want to contribute to Roth IRAs when your marginal tax rate now is better than your effective tax rate at the time of withdrawal.  That is most likely to be true when your salary is smaller (for you) and your salary is most likely to be smaller (compared to your future salaries) when you have more years until retirement. The article is presenting a rule of thumb.   It won't hold true for everyone in every situation."}
{"text": " Where can publicly traded profits go but to shareholders via dividends? They can be retained by the company."}
{"text": " Bank of America NA had over $101 billion in revenue 2013.  A $16 billion fine represents 15.7% of BOA's annual revenue.  The median family income in the US is $53,046.   15.7% of that is $8,346.  If I spent more than a decade defrauding individuals, businesses, government agencies and investors and wound up having to pay an $8 thousand dollar fine and not serve a single day in jail ... I would be planning a long and prosperous criminal career for the next decade."}
{"text": " \"First, you are not exactly \"\"giving\"\" the brokerage $2000. That money is the margin requirement to protect them in the case the stock price rises. If you short 200 shares as in your example and they are holding $6000 from you then they are protected in the event of the stock price increasing to $30/share. Sometime before it gets there the brokerage will require you to deposit more money or they will cover your position by repurchasing the shares for your account. The way you make money on the short sale is if the stock price declines. It is a buy low sell high idea but in reverse. If you believe that prices are going to drop then you could sell now when it is high and buy back later when it is lower. In your example, you are selling 200 shares at $20 and later, buying those at $19. Thus, your profit is $200, not counting any interest or fees you have paid. It's a bit confusing because you are selling something you'll buy in the future. Selling short is usually considered quite risky as your gain is limited to the amount that you sold at initially (if I sell at $20/share the most I can make is if the stock declines to $0).  Your potential to lose is unlimited in theory. There is no limit to how high the stock could go in theory so I could end up buying it back at an infinitely high price. Neither of these extremes are likely but they do show the limits of your potential gain and loss.  I used $20/share for simplicity assuming you are shorting with a market order vs a limit order. If you are shorting it would be better for you to sell at 20 instead of 19 anyway. If someone says I would like to give you $20 for that item you are selling you aren't likely to tell them \"\"no, I'd really only like $19 for it\"\"\""}
{"text": " Bonus: Contribute to (or start!) your IRA for 2010.  This doesn't have to be done have to be done by the end of the year; you can make your 2011 contribution in 2010, before you file your tax return (by Apr. 15 at the latest, even if you get an extension.)"}
{"text": " Ten year auto loans. Think about that for a moment. I paid off my house in 13 years and people are having problems paying off a car in 6, 8 or 10 years.   I never buy new and then drive them until they fall apart. My sister buys new every four years. In the past twenty years, she has paid at least $100,000 in autos. I know it is actually a lot more since one of her SUVs cost $35k, but I was going for the easy math for illustrative purposes. I bought two used vehicles for a total of $14,000.   People ask how I was able to pay off my house and buy rental properties."}
{"text": " \"Here's the story of EDI:   EDI is between a Vendor and Customer. Despite EDI being about standards, the truth is that the Customer is the bully and the Vendor is the wimp. So, for every trading partner, you need a unique EDI process.  In this particular case, inbound invoices from a supplier, the Supplier is huge, and despite us being the \"\"Customer\"\", we had to comply with their \"\"standard\"\".  And when it comes to inbound invoices, they have to be handled differently depending on what is purchased. In this case, office supplies, the details of the invoice have to be saved into a table besides in addition to 2 simple invoice created in A/P.\""}
{"text": " I think the IRS doc you want is http://www.irs.gov/publications/p550/ch04.html#en_US_2010_publink100010601 I believe the answers are:"}
{"text": " Developing content, in an age where there are an estimated 3.5 billion searches made on Google every day, can be challenging. Increasingly studies point that visitors spend an approximate 15 seconds on an internet page; this much less for micro-blogging sites. So, what can be done to keep your audience\u2019s attention and write content that deserves such attention? If you\u2019re planning to do your own content instead of hiring an online marketing agency in India."}
{"text": " > To clarify, I meant the general field of finance and investment banking.  This is still a wide field. Accounting? Product control? Quants? Equity Research? FX Sales? Trading? Compliance? Technology?  I know a sales person that majored in History if that's the kind of quirk you're looking for."}
{"text": " But it's the fact the company calls it a material concern, and hasn't disclosed material information to investors that puts this into a potential SEC issue.  So yes, author hangs a lot on that line, but that line is what makes it most interesting to investors."}
{"text": " Oh so you've done the math then? Would you mind showing your work?   Newsflash: good luck isn't unique to rich people no more than bad luck is unique to poor people. To suggest there is an economic system that eliminates bad luck is to suggest you believe Huggy-lovee-feefee Land is an actual place."}
{"text": " I'm more of a free market man myself. BUT, I do understand the balance of regulations, the problem is heavily regulating can actually cause market failure as well. There is a balance some where, as to what the laws say today? I'm not sure, but I think they should be altered. Commercial military isn't a bad thing they pay good wages to ex rangers and SF guys as far as I'm concerned. There's always going to be good business decisions that aren't good for humans, look at how people are massively advertised to, Companies pay psychologist just to figure out better ways to market. It's about getting people more informed, so that those negative companies die out from demand declining. This is how you keep an economy stable, when you are changing laws left and right it causes more speculation."}
{"text": " Please point to the known, reliable, and credible fact checkers who show a high number of \u201cfake news articles trying to slander him\u201d because objective reality has this nasty habit of proving explicit/implicit Trump defenders, such as yourself, wrong."}
{"text": " What's easy? Debt, personal, marketing related finance.   What we look for in hires is simple though - modeling skills (everyone thinks they're better than they actually are) and case analysis (same story). If you can get those two under your belt, and a good school under your name you should be good."}
{"text": " \"I would add to the other excellent answers that another factor besides just high unemployment numbers is the fear people have regarding the \"\"financial\"\" aspects of the country, that is the value of stocks and the value of the dollar.  When the economy is sluggish it means people aren't buying enough, therefore companies aren't making enough, therefore their profits are too low and people start to divest from them, and stock prices drop.  Or even the fear of this happening can induce people to sell off shares.   The point is, people are worried \"\"in this economy\"\" because if--due to unemployment, low spending/consumer confidence--the stock market crashes again as it did in 2008/09, that represents a lot of savings lost, e.g. 40-50% of what one was counting on to retire with, particularly if you panic sell at the bottom.  Now suddenly it's as if you had a huge robbery, and you will have to work longer into your retirement years than you'd planned.  Similarly, if, due to monetary policy, the U.S. inflates the dollar, what one saved for retirement may not be sufficient.  (These arguments are true for shorter periods than just one's retirement, but just taking that as an example). So it's not just unemployment that is worrisome \"\"in this economy\"\".  This said, I agree with George Marian that one ought to be careful and plan well regardless of the winds of the economy.  I guess for most people (and companies), though, \"\"in this economy\"\" means they can't get away with the kind of carelessness they might have during a boom.\""}
{"text": " Another possibly more flexible option is Yahoo finance here is an example for the dow.. http://finance.yahoo.com/q/hp?s=%5EDJI&a=9&b=1&c=1928&d=3&e=10&f=2012&g=d&z=66&y=0 Some of the individual stocks you can dl directly to a spreadsheet (not sure why this isn't offer for indexs but copy and paste should work). http://finance.yahoo.com/q/hp?s=ACTC.OB+Historical+Prices"}
{"text": " \">I didn't get mad about it.  \"\"IDC you little twerp.\"\"  Ya you did get mad over being downvoted.  The fact you even made a point to bring it up says all that needs to be said.    >I pointed out abuse of subreddit rules to undermine the contrarian's credibility.  Despite having zero proof of such a thing happening.\""}
{"text": " \"The \"\"$1000 is no money at all\"\" people are amusing me. Way back in the mists of time, a very young me invested on the order of ~$500 in a struggling electronics manufacturer I had a fondness for. An emotional investment, not much money, but enough that I could get a feel for what it was like owning stock in something. That stock's symbol was AAPL. This is admittedly a rare outcome, but $1000 invested over the long term isn't not worth doing. If for no other reason then when the OP has \"\"real\"\" money, he'll have X+$1000 invested rather than X, assuming 0% return, which I doubt. It's a small enough amount that there are special considerations, but it's a solid opportunity for learning how the market works, and making a little money. Anyway, my advice to the OP is as follows:\""}
{"text": " \"I think you should evaluate the value of these so-called \"\"penny auction\"\" websites very carefully.  Going to a random site, madbid .com, (which is British with UK prices, but it works just the same with US prices) they claim that someone has bought an iPod Touch 64GB for \u00a321.18. It is \u00a3249 directly from Apple. Sold for \u00a321.18 means there were 2118 \"\"bids\"\". I'd have to log in to their site to find the cost of a \"\"bid\"\" for packages, but you can multiply the cost of a single \"\"bid\"\" by 2,118, add another \u00a321.18, and you'll know what all \"\"bidders\"\" trying to receive this item paid - I'll bet the total is substantially more than \u00a3249.  People taking part in these scams obviously convince themselves that they are the \"\"clever\"\" ones who will get an item cheaply. Apart from the possibility that a single \"\"bidder\"\" can easily make more bids than the value of the item, if you think you are more clever than everyone else, you are kidding yourself. (If you think you are indeed more clever than everyone else, go ahead and donate your money to these companies).  The \"\"packages\"\" are most likely designed to give you the false impression that you get some value for money. Years ago when I checked a single bid was \u00a31, but in bigger packages the bids would cost say 50 pence. They also want many bidders to make sure the number of bids will be high (although there is nothing other than the website's honesty that prevents them from automatically adding bids if an item would otherwise sell too cheap).  Just to clarify: These are not auction sites. In an auction, the highest bidder pays the price they bid, usually plus some commission (on eBay, the commission is paid by the seller), and gets the goods, while everyone else keeps their money. In this \"\"auction\"\", every bid costs money, and by increasing the bid by one penny each time they make sure there are usually thousands of bids. (They also offer the products at a \"\"reduced\"\" price if you don't \"\"win\"\" the auction; the reduced price is substantially higher than buying from the manufacturer or any reputable retailer directly).\""}
{"text": " Consider the mechanic which actually drives the 'price' of a stock. In simplest terms, the 'price' of a stock is the price at which the most recent trade occurred. ie: if the price of IBM is $100/share, that means the last time someone bought IBM stock, they paid $100. Above and below the 'spot price', are dozens/hundreds/thousands of buyers and sellers who have placed orders that no one is yet willing to match. ie: if IBM's spot price is at $100, there could still be 10,000 people willing to sell for $101 (called the 'ask' price, for the lowest price someone is currently willing to sell at), and 15,000 willing to buy for $99 (called the 'bid' price, for the highest price someone is currently willing to buy for).  Until someone is willing to buy for $101, then no one will be able to sell at $101. Until someone is willing to sell for $99, no one will be able to buy for $99. Typically orders are placed in the market at a particular limit. Meaning that those orders to buy at $99/sell at $101 are already in the 'system', and will be matched immediately as soon as someone is willing to meet the price on the other side. Now consider general market economics: high demand drives up price, and high supply drives down price. If the details above for IBM were yesterday, and today some news came out that IBM was laying off employees, imagine that another 10,000 people who held shares wanted to sell. Now there would be 20,000 sellers and only 15,000 buyers. If those new sellers were aggressive about wanting to sell, they would have to drop their price to $99, to match the highest buyers in the market. Put together, this means that as more sellers enter the market, supply of shares increases, driving down price. Conversely, as more buyers enter the market, demand for shares increases, driving up share price. As a result of the above, you can say that (all else being equal) if price for a stock goes up, there were more buyers that day, and if price goes down, there were more sellers that day. On the face of it, that is not necessarily true, because you could have the same number of buyers and sellers, one side could have simply decreased/increased their acceptable price to match the other side."}
{"text": " Standard deduction is $6300, and exemption is $4050, totaling $10,350. (For 2016) Twice this for a couple ($20,700). The tax on money just above this is 10%, so the few thousand above will be taxed at a few hundred dollars. Where are you getting the number you showed? Can you edit your question to clarify exactly what you are asking?"}
{"text": " \"This is clearly a scam, and you should stay away from it. Anyone reading this knew that from the title alone - and it seems that you know it too. Don't \"\"test\"\" whether something is a scam by putting your own money in it. That is exactly how these scammers make money, and how you lose it. How their scam works is irrelevant. The simple fact is that there is no way you can safely earn 20% return over the course of a year, let alone in 1 day*. You know this is true. Don't bother trying to figure out what makes it true in this case. There is no free lunch. Best case scenario, this is a hyper-risky investment strategy [on the level of putting your money down at a roulette wheel]. Worst case scenario, they simply steal your money. Either way, you won't come out ahead. Although I agree with others that this is likely a Ponzi scheme, that doesn't really matter. What matters is, there is no way they can guarantee those returns. Just go to a casino and throw your money away yourself, if you want that level of risk.  *For reference, if you invested $100 for a year, earning 20% returns every day, you would have 6 million trillion trillion dollars by the end of the year. that's $6,637,026,647,624,450,000,000,000,000,000. that number doesn't even make sense. It's more money than exists on earth. So why would they need your $100?\""}
{"text": " >Subsiding green and taxing pollutants seems to be the only way to mitigate climate change.  Actually, Elon Musk has shown there are alternatives.  >Businesses are required by law to maximize profit  Actually, no they aren't. This myth survives for many reasons too numerous to explain, so here is a [link.](https://blogs.law.harvard.edu/corpgov/2012/06/26/the-shareholder-value-myth/)  >which means polluting if it makes you more money.  Not really how it works, as most pollution came from a lack of regulation, not purposeful intent. Avoiding costly regulation and/or cleanup after is both unethical and immoral, but perfectly legal.  >Or I guess the fundamental nature of businesses could change.  Good luck with that."}
{"text": " Transfers are defined to arrive on a specific number of business days, nearly always one business day (if you submit it before the cutoff time). The exact number of days depends on the receiver bank, but when you try to create a transfer, it will tell you when it will arrive, before you send it out."}
{"text": " Will there be a scenario in which I want to sell, but nobody wants to buy from me and I'm stuck at the brokerage website? Similarly, if nobody wants to sell their stocks, I will not be able to buy at all? Yes, that is entirely possible."}
{"text": " It's going to depend entirely on your tax situation, its complexity, and your willingness/interest in dealing with tax filings.  Personally I find that not only do I not enjoy dealing with figuring out my taxes, but I don't know even a fraction of the possible deductions available and all the clever ways to leverage them.  Plus the tax code is changing constantly and staying on top of that is not something I'm ever going to attempt. I am of the philosophy that it is my duty to pay only the absolute minimum tax legally required, and to utilize every possible exemption, deduction, credit, etc. that is available to me.  Plus my business activities are a bit on the non-traditional side so it requires some unorthodox thinking at times.  For me, a trained professional is the only way to go.  What it costs me, I way more than make up in savings on my tax bill.  I also go out of my way to never get a refund because if I get one, it just means I gave the government a free loan. The last time I computed my own taxes (used TurboTax if memory serves) was I think in the late 90s."}
{"text": " Years ago I hired someone part time (not virtual however) to help me with all sorts of things.  Yes it helps free up some time. However particularly with finances, it does take a leap of faith.  If you have high value accounts that this person will be dealing with you can always get them bonded.  Getting an individual with a clean credit history and no criminal background bonded usually costs < $600 a year (depending on $ risk exposure). I would start out small with tasks that do not directly put that person in control of your money.  In my case I didn't have an official business, I worked a normal 9-5 job, but I owned several rental units, and an interest in a bar.  My assistant also had a normal 9-5 job and worked 5-10 hours a week for me on various things. Small stuff at first like managing my calendar, reminding me when bills were due, shipping packages, even calling to set up a hair cut. At some point she moved to contacting tenants, meeting with contractors, showing apartments, etc... I paid her a fixed about each week plus expenses. I would pay her extra if I needed her more (say showing an apartment on a Saturday, or meeting a plumber). She would handled all sorts of stuff for me, and I gave her the flexibility when needed to fit things in with her schedule. After about a month I did get her a credit card for expenses. Obviously a virtual assistant would not be able to do some of these things but I think you get the point.   Eventually when the trust had been built up I put her on most of my accounts and gave her some fiduciary responsibilities as well. I'm not sure that this level of trust would be possible to get to with a virtual assistant. However, with a virtual assistant you might be able to avoid one really big danger of hiring an assistant.... You see, several years later when I sold off my apartment buildings I no longer needed an assistant, so I married her. Now one good thing about that is I don't have to pay her now.   ;)"}
{"text": " Lifecycle costs, opportunity costs, rate of returns, net present value, internal rate of return, etc are all business terms taught to business professionals because those very ideas are a product of the business profession.   Saying all bean counters don't understand the very basic principles that their craft has been built upon because you work with people who think are sub-par is a little generalizing. Like me saying that all engineers are self important assholes because I read your comment."}
{"text": " Considering I'm in a nearly identical situation, I'll speak to my personal strategy and maybe there's some value for you as well.   You have ~$22k in loans, which you say you could pay off today.  So, what I read is that you're sitting there with a $22k investment and want to know which investment to make: pay down debt, invest in yourself/start up, or some variation between those options.  Any investor worth his salt will ask a couple of questions: what is my risk, and what is my gain? Paying off your student loans offers no financial risk at the cost of opportunity risk, and gains you returns of 3.4%, 6.8%, 3.4%, 4.5%, and 6.8%.  Those percentage gains are guaranteed and the opportunity risk is unknown. Investing in a startup is inherently risky, with the potential for big payoffs. But with this investment, you are accepting a lot of risk for potentially some gain (it could be the next Apple, it could also fail).  So, with your situation (like mine), I'd say it's best to accept the easy investment for now and fully vet out your tech start up idea in the meantime."}
{"text": " There are several insurance products that I buy for legal reasons: Both of these protect me from lawsuits and fines. Many people buy similar products to protect their business operations. (e.g. medical malpractice insurance) There are some insurance products I buy for tax planning and financial planning purposes: I have a large amount of savings available, so I have several tricks to reduce my insurance costs, and I have several products that I avoid. Several of these reasons are mentioned in other answers, but I thought I would collect them into a single answer to demonstrate that there are reasons other than the rational calculation of what the payout will be for the insurance products vs. the premium paid. If I gain access to a tax advantaged Health savings account, that is a bigger benefit to me than avoiding the premium, especially when my employer is paying the majority of the premium. Perhaps it makes no sense to buy insurance given sufficient savings (like the products I listed that make no sense for me given my finances) but not everyone can self-insure; it does require a certain level of wealth."}
{"text": " \"It was bound to happen, it's just happening sooner because they can use the excuse of minimum wage rising. After McD's does it other places are soon to follow to \"\"stay competitive\"\".  We can address the situation now and start training people for jobs that will be available in 20 years or we can argue about entitled people/bad businesses and everyone will suffer sooner or later.\""}
{"text": " First, realize that Wikipedia is written by individuals, just like this board has thousands of members. The two definition were written and edited by different people, most likely.  Think Venn diagram.  The definition for financial instruments claims that it's the larger set, and securities is contained in a subset.  Comparing the two, it seems pretty consistent.  Yes, Securities include derivatives.  Transferable is close to tradable, although to me tradable implies a market as compared to private transfers.  I don't believe there's an opposite, per se, but there's 'other stuff.' My house has value, but is not a security. My coffee cup has no value. Back to the concept of Venn. There aren't really opposites, just items falling outside the set we're discussing.  I'd caution, this is a semantic exercise. If you know what you're buying, a stock, a bond, a gold bar, etc, whether it's a financial instrument or security doesn't matter to you."}
{"text": " While there are lots of really plausible explanations for why the market moves a certain way on a certain day, no one really knows for sure.  In order to do that, you would need to understand the 'minds' of all the market players.  These days many of these players are secret proprietary algorithms.  I'm not quibbling with the specifics of these explanations (I have no better) just pointing out that these are just really hypotheses and if the market starts following different patterns, they will be tossed into the dust bin of 'old thinking'. I think the best thing you can explain to your son is that the stock market is basically a gigantic highly complex poker game.  The daily gyrations of the market are about individuals trying to predict where the herd is going to go next and then after that and then after that etc. If you want to help him understand the market, I suggest two things.  The first is to find or create a simple market game and play it with him.  The other would be to teach him about how bonds are priced and why prices move the way they do.  I know this might sound weird and most people think bonds are esoteric but there are bonds have a much simpler pricing model based on fundamental financial logic.  It's much easier then to get your head around the moves of the bond markets because the part of the price based on beliefs is much more limited (i.e. will the company be able pay & where are rates going.)  Once you have that understanding, you can start thinking about the different ways stocks can be valued (there are many) and what the market movements mean about how people are valuing different companies. With regard to this specific situation, here's a different take on it from the 'priced in' explanation which isn't really different but might make more sense to your son: Pretend for a second that at some point these stocks did move seasonally.  In the late fall and winter when sales went up, the stock price increased in kind.  So some smart people see this happening every year and realize that if they bought these stocks in the summer, they would get them cheap and then sell them off when they go up.  More and more people are doing this and making easy money.  So many people are doing it that the stock starts to rise in the Summer now.  People now see that if they want to get in before everyone else, they need to buy earlier in the Spring.  Now the prices start rising in the Spring.  People start buying in the beginning of the year... You can see where this is going, right?  Essentially, a strategy to take advantage of well known seasonal patterns is unstable.  You can't profit off of the seasonal changes unless everyone else in the market is too stupid to see that you are simply anticipating their moves and react accordingly."}
{"text": " \"I work in the casino industry. We overbook tickets to concerts/events every single time, and 99% of the time we get enough cancels to not have to worry about it. But that 1% of the time where we have more players than tickets, we bend over backwards to make sure everyone gets a ticket.  I've purchased tickets from \"\"ticket brokers\"\"(scalpers) for like 5x the face value to make sure no one is unhappy.   Of course I don't expect a car rental place to go buy a car so I have one to rent, but at least if they overbooked (which I understand), they better freaking find an alternative even if its a competitor.\""}
{"text": " I have spoken to a lot of people that are in the workforce, that have a CFA, and the consensus I have gotten from a lot of them is that it *can't hurt* to get your CFA, but it also sometimes isn't extremely relevant to have, or may put you above a different candidate.  I would suggest figuring out what you want to do within the workforce first and see whether or not a CFA is going to be a requirement and or a necessity for wherever you would like to work, I also would recommend on not waiting too long to get it."}
{"text": " If you read the fine print in the Pricing & Terms section of that card, you'll see: By becoming a Visa Business Card cardmember, you agree that the card is being used only for business purposes and that the card is being issued to a public or private company including a sole proprietor or employees or contractors of an organization. So that card is a Chase-branded Visa card, and should be accepted anywhere other Visa cards are. Credit cards are normally either MasterCard or Visa, although many of them make that rather inconspicuous.  The only major exceptions I know of are American Express and Discover.  (And store cards that are only good at one particular store.)"}
{"text": " Depending on how much you drive, they might be in the same range as far as cost of ownership goes.   I've seen a few salesman for which it was cheaper to get a Tesla than a mid size car like the Fusion of the Camry."}
{"text": " \"chapter 8 page 154:  &gt;\"\"My point is that it's doubts and cynicism that keep most people poor and playing it safe...only a person's doubts keep them poor...'Cynics criticize and winners analyze' was one of [Rich Dad's] favorite mottos\"\"  -from chapter 8 page 154 of Robert Kiyosaki's first print edition of *Rich Dad Poor Dad*  The whole page is about abandoning cynicism and has nothing to do with that Glenn-Beck-style rant/editorial you've linked to.\""}
{"text": " Yes, I am currently an undergrad student majoring in Finance. I have a strong interest in Accounting and Economics (Macro).  I have learned earlier today that due to the fact that people now live longer, our government spending increases (Medicare, Medicaid, Social Security, etc). But unfortunately, the funding that it draws from does not increase at a similar rate so the funding for other major aspects such as R&amp;D, Education, etc are being cut to offset the increase in government transfers.   Granted the Feds never spent much on education, why is it that the funding for R&amp;D in terms of percentage is so minuscule? Would it not be in each government's best interest to funnel money towards education, infrastructure, research &amp; development, etc? I'm sorry, when I learn one thing, about twenty billion other questions pop up (could be related or unrelated to what I had just learned)"}
{"text": " Ok, so disregarding passivity, could you help me through a simplified example?   Say I only had two assets, SPY and TLT, with a respective weight of 35 and 65% and I want want to leverage this to 4x.  Additionally, say daily return covar is:  * B/B .004% * B/S -.004% * S/S .02%   Now, if I read correctly, I should buy ATM calls xxx days in the future.  Which may look like: Ticker, S, K, Option Price, Delta, Lambda  * TLT  $126.04  $126.00  $4.35  0.50  14.5 * SPY  $134.91  $134.00  $6.26  0.55  11.8  ^ This example is pretty close but some assets are far off.   I feel like I'm on the wrong track so I'll stop here.    I just want to lever up my risk-parity. Margin rates are too high and I'm docked by Reg-T."}
{"text": " Depends on the reason you were issued the credit -- rebates aren't income, remuneration for value you provide to them is. In other words, exactly the same as it they gave you money."}
{"text": " In general  What does this mean? Assume 10 holidays and 2 weeks of vacation. So you will report to the office for 240 days (48 weeks * 5 days a week).  If you are a w2 they will pay you for 260 days (52 weeks * 5 days a week). At $48 per hour you will be paid: 260*8*48 or $99,840. As a 1099 you will be paid 240*8*50 or 96,000. But you still have to cover insurance, the extra part of social security, and your retirement through an IRA. A rule of thumb I have seen with government contracting is that If the employee thinks that they make X,000 per year the company has to bill X/hour to pay for wages, benefits, overhead and profit. If the employee thinks they make x/hour the company has to bill at 2X/hour. When does a small spread make sense: The insurance is covered by another source, your spouse; or government/military retirement program.  Still $2 per hour won't cover the 6.2%  for social security. Let alone the other benefits. The IRS has a checklist to make sure that a 1099 is really a 1099, not just a way for the employer to shift the costs onto the individual."}
{"text": " Well i needed an english source and as i mentioned Migrant attacks on Germans is not that big of a topic it is the other way around. Think about 10 crimes a day.... how much attacks can you mention per day from migrants ??? And we are talking major crimes not illegal job activity."}
{"text": " \"&gt; Basically, the whole idea of passive/mindless (\"\"set it and forget it\"\") gains from investments being the path to \"\"wealth\"\" has to go bye-bye -- it was never really \"\"real\"\" to begin with (unless you \"\"timed\"\" the market just right), and the vast majority of the gains were nominal anyway.  Couldn't have said it much better.  &gt; a lucky generation or two got away with it (sheerly by accident in the timing of their birth, something they really had no input into).  While I agree a majority was luck to be born at the right time, Boomers are to blame (IMHO) for the loss of \"\"guaranteed retirement.\"\" Pensions were one of the greatest things that came out of the industrialization and unionization of the late 19th-mid 20th century and Boomers allowed government to change regulations that permitted corporations to raid pension funds, monkey around with them, and then cry about them being burdensome after they hollowed them out.  The vast majority of people are not smart enough to save sufficiently for their future and pensions were the safeguard for that. Boomers let that go for higher immediate take home and, now, will be reliant on SSI and meager savings.  &gt; Instead I think one will ALWAYS need to be \"\"working\"\" in some manner or another -- actively overseeing ones investments and remaining \"\"agile\"\" in response. And of course there is risk involved in that (as if there is really any reason we should expect there NOT to be? Anyone who thinks that way IMO is simply ignorant of the vast scope of human history).  For those of us here, that is feasible. However, most people will not have the interest or ability to manage their own investments. Where does this requirement leave them? Still working and, in doing so, keeping those jobs from opening up for new graduates/new people entering the workforce.  &gt; The best I think one can do is to TRULY diversify (and that does NOT mean \"\"mutual funds\"\") -- to separate your eggs into various \"\"baskets\"\", holding some major part in solid (as solid as can be) form (even with the possibility of zero return and/or some \"\"loss\"\" -- i.e. owning primary housing clear of debt, some PM's in physical form, etc); having other assets in what are fairly solid \"\"bets\"\" (based on demographic trends, company quality, etc); and then some things (several small bets) that are \"\"long shots\"\" but potentially high-return things (where just one \"\"win\"\" can not only offset a dozen non-performers/losers, but gain you a substantial real profit).  I could not agree more. I have done the same thing and used the same argument; even to the point of purchasing a whole life insurance policy. Diversification, in case one or multiple investments tank, is the only way to survive.  I have also decided that, for some of my assets, I am just a DCA/DRIP buy and hold guy of 10-20 diversified stocks from different industries. Leave it up to time and compounding over my own ability to time/pick.  Anyway, I guess that's the whole answer; there is no right answer. Diversification and continued diligence are key.  Good discussing with you. Best of luck.\""}
{"text": " No one pays 35%, due to the loopholes. Effective tax rates (what they ACTUALLY pay) are lower for major corps than most individuals.   &gt; Does it not make more sense to lower the corporate tax rate while reducing loop holes etc... to make the American corporation more competitive.   This makes sense, but people put those loopholes in there to help themselves and they'll fight to keep them. It's such a mess of tax code."}
{"text": " \"I agree with Joe Taxpayer that a lot of details are missing to really evaluate it as an investment... for context, I own a few investment properties including a 'small'  10+ unit apartment complex. My answer might be more than you really want/need, (it kind of turned into Real Estate Investing 101), but to be fair you're really asking 3 different questions here: your headline asks \"\"how effective are Condo/Hotel developments as investments?\"\" An answer to that is... sometimes, very. These are a way for you-the investor-to get higher rents per sq. ft. as an owner, and for the hotel to limit its risks and access additional development funding. By your description, it sounds like this particular company is taking a substantial cut of rents. I don't know this property segment specifically, but I can give you my insight for longer-term apartment rentals... the numbers are the same at heart. The other two questions you're implying are \"\"How effective is THIS condo/hotel development?\"\" and \"\"Should you buy into it?\"\" If you have the funds and the financial wherewithal to honestly consider this, then I am sure that you don't need your hand held for the investment pros/cons warnings of the last question.  But let me give you some of my insight as far as the way to evaluate an investment property, and a few other questions you might ask yourself before you make the decision to buy or perhaps to invest somewhere else.  The finance side of real estate can be simple, or complicated. It sounds like you have a good start evaluating it, but here's what I would do: Start with figuring out how much revenue you will actually 'see': Gross Potential Income: 365 days x Average Rent for the Room = GPI (minus) Vacancy... you'll have to figure this out... you'll actually do the math as (Vacancy Rate %) x GPI (equals) Effective Potential Income = EPI Then find out how much you will actually pocket at the end of the day as operating income: Take EPI (minus) Operating expenses ... Utilities ... Maintenace ... HOA ... Marketing if you do this yourself (minus) Management Expenses ... 40% of EPI ... any other 'fees' they may charge if you manage it yourself. ... Extra tax help? (minus) Debt Service ... Mortgage payment ... include Insurances (property, PMI, etc) == Net Operating Income (NOI) Now NOI (minus) Taxes == Net Income Net Income (add back) Depreciation (add back) sometimes Mortgage Interest == After-tax Cash Flows There are two \"\"quickie\"\" numbers real estate investors can spout off. One is the NOI, the other is the Cap Rate.  In order to answer \"\"How effective is THIS development?\"\" you'll have to run the numbers yourself and decide. The NOI will be based on any assumptions you choose to make for vacancy rates, actual revenue from hotel room bookings, etc. But it will show you how much you should bring in before taxes each year. If you divide the NOI by the asking price of your unit (and then multiply by 100), you'll get the \"\"Cap Rate\"\". This is a rough estimate of the rate of return you can expect for your unit... if you buy in.  If you come back and say \"\"well I found out it has a XX% cap rate\"\", we won't really be qualified to help you out. Well established mega investment properties (think shopping centers, office buildings, etc.) can be as low as 3-5 cap rates, and as high as 10-12. The more risky the property, the higher your return should be. But if it's something you like, and the chance to make a 6% return feels right, then that's your choice. Or if you have something like a 15% cap rate... that's not necessarily outstanding given the level of risk (uncertain vacancies) involved in a hotel.  Some other questions you should ask yourself include:  How much competition is there in the area for short-term lodging? This could drive vacancies up or down... and rents up or down as well How 'liquid' will the property (room) be as an asset? If you can just break even on operating expense, then it might still make sense as an investment if you think that it might appreciate in value AND you would be able to sell the unit to someone else.  How much experience does this property management company have... (a) in general, (b) running hotels, and (c) running these kinds of condo-hotel combination projects? I would be especially interested in what exactly you're getting in return for paying them 40% of every booking. Seasonality? This will play into Joe Taxpayer's question about Vacancy Rates. Your profile says you're from TX... which hints that you probably aren't looking at a condo on ski slopes or anything, but if you're looking at something that's a spring break-esque destination, then you might still have a great run of high o during March/April/May/June, but be nearly empty during October/November/December.  I hope that helps. There is plenty of room to make a more \"\"exact\"\" model of what your cash flows might look like, but that will be based on assumptions and research you're probably not making at this time.\""}
{"text": " The retaining walls sydney concept of using these constructions is not new at all as spans several cultures and mostly from Asia. Modern-day advancement of technology as well as human wits have given birth to different kinds of retaining walls Sydney to help shape your paradise on earth."}
{"text": " With all due respect to The David, the $1000 is best put against 20%+ debt, no sitting in checking as part of some emergency fund.  I'd agree with the decision to pay off the lower rate card. Why? Because we can do the math, and can see the cost in doing so. Low enough that other factors come in, namely, a freed up card. That card can function as the emergency one in the short term. Long term, once these high rate cards are paid off, you'll build your proper emergency fund, but the cost is too high right now.  The $4000 is a nice start, but the most important thing is to get your budget under control. Only you can decide how much you can cut back, and go after this debt as if it were life or death."}
{"text": " Great question! It can be a confusing for sure -- but here's a great example I've adapted to your scenario: As a Day Trader, you buy 100 shares of LMNO at $100, then after a large drop the same day, you sell all 10 shares at $90 for a loss of $1,000. Later in the afternoon, you bought another 100 shares at $92 and resold them an hour later at $97 (a $500 profit), closing out your position for the day. The second trade had a profit of $500, so you had a net loss of $500 (the $1,000 loss plus the $500 profit).  Here\u2019s how this works out tax-wise: The IRS first disallows the $1,000 loss and lets you show only a profit of $500 for the first trade (since it was a wash). But it lets you add the $1,000 loss to the basis of your replacement shares. So instead of spending $9,200 (100 shares times $92), for tax purposes, you spent $10,200 ($9,200 plus $1,000), which means that the second trade is what caused you to lose the $500 that you added back (100 x $97 = $9,700 minus the 100 x $102 = $10,200, netting $500 loss). On a net basis, you get to record your loss, it just gets recorded on the second trade. The basis addition lets you work off your wash-sale losses eventually, and in your case, on Day 3 you would recognize a $500 final net loss for tax purposes since you EXITED your position. Caveat: UNLESS you re-enter LMNO within 30 days later (at which point it would be another wash and the basis would shift again). Source: http://www.dummies.com/personal-finance/investing/day-trading/understand-the-irs-wash-sale-rule-when-day-trading/"}
{"text": " \"It should be pretty obvious that without knowing what sort of assets the company owns, and what sort of net earnings are being generated it's impossible to say what a $20k equity investment should get you in terms of ownership percentage.   With that said, you want to look at a few to several years of books, look for trends.  Some things to understand that might be subtle red flags: It's extremely common for early stage investors to essentially make loans rather than strictly buying shares.  In the worst case scenario creditors get to participate in liquidation proceedings before shareholders do.  You may be better off investing in this business via a loan that's convertible to equity at your discretion.   Single owner service companies are difficult because all of the net earnings go to the proprietor and that person maintains all of the relationships.  So taking something like 5 years of net earnings as the value of the company doesn't make much sense because you (or someone else) couldn't just step in and replace the owner.  Granted, you aren't contemplating taking over the business, but it negates using an X years of net earnings valuation method.  When you read about valuation there is a sort of overriding assumption that no single person could topple the operation which couldn't be farther from the truth in single employee service companies.  Additionally, understand that your investment in a single owner company hinges completely on one person's ability and willingness to work. It's really vital to understand the purpose of the funds.  Someone will be hired?  $20,000 couldn't be even six months of wages... Put things in to perspective with a pad, pen and calculator.  Don't invest in the pipe dream of a friend of yours, and DEFINITELY don't hand this person the downpayment for their new house.  The first rule of investing is \"\"don't lose money,\"\" this isn't emotional, this is a dollars and cents pragmatic process. Why does the business need this money?  How will you be paid back?   Personally, I think it would be more gratifying to put $20k in a blender and watch it blend, this is probably a horrible investment.  The risk should just be left to credit card companies.\""}
{"text": " \"No. That return on equity number is a target that the regulators consider when approving price hikes. If PG&E tried to get a 20% RoE, the regulator would deny the request. Utilities are basically compelled to accept price regulation in return for a  monopoly on utility business in a geographic area. There are obviously no guarantees that a utility will make money, but these good utilities are good stable investments that generally speaking will not make you rich, but appreciate nicely over time. Due to deregulation, however, they are a more complex investment than they once were. Basically, the utility builds and maintains a bunch of physical infrastructure, buys fuel and turns it into electricity. So they have fixed costs, regulated pricing, market-driven costs for fuel, and market-driven demand for electricity.  Also consider that the marginal cost of adding capacity to the electric grid is incredibly high, so uneven demand growth or economic disruption in the utility service area can hurt the firms return on equity (and thus the stock price). Compare the stock performance of HE (the Hawaiian electric utlity) to ED (Consolidated Edison, the NYC utility) to SO (Southern Companies, the utility for much of the South). You can see that the severe impact of the recession on HE really damaged the stock -- location matters. Buying strategy is key as well -- during bad market conditions, money flows into these stocks (which are considered to be low-risk \"\"defensive\"\" investments) and inflates the price. You don't want to buy utilities at a peak... you need to dollar-cost average a position over a period of years and hold it. Focus on the high quality utilities or quality local utilities if you understand your local market. Look at Southern Co, Progress Energy, Duke Energy or American Electric Power as high-quality benchmarks to compare with other utilities.\""}
{"text": " (1) Should I register for VAT?\u00a0 \u2013 If it is below the threshold amount it is purely voluntary. If you register for VAT, you would have to charge VAT and then do returns every quarter. If you can take up this bit of hassle, it doesn't make much of a difference. One thing you need to consider: you get 1% discount during your first year of registering for VAT. If you want to save this discount for when you really need to pay VAT, it could be helpful. (2) What benefits would registering for VAT include?\u00a0 \u2013 Except for reclaiming VAT, where you pay VAT for business expenses, not much. (3) Would I not just hold onto the monies for HMRC ?\u00a0 \u2013 You wouldn't hold any money for HMRC. They will send you notifications if you do not file your returns and pay your VAT quarterly. And get everything cleared from your accountant. If your accountant doesn't answer properly, make it clear you need proper answers. Else change your accountant. If you do something wrong and HMRC gets after you, you would be held liable \u2013 your accountant can take the slip if you signed on all business documents provided by your accountant."}
{"text": " Do they even know how to find these people, short of using facial recognition or somesuch wizardry?  I mean I'm assuming they paid for the gift cards with cash.  Do you have to provide identifying information to activate them?"}
{"text": " Saltgrass used to charge per shift for an apron cleaning fee-- their aprons and their cleaning.  One day I a couple years later I got a class action settlement check in the mail for a couple hundred bucks.  Even if this is a legal practice I think it would be one that invited class action litigation."}
{"text": " \"Regarding \"\"Interest on idle cash\"\",  brokerage firms must maintain a segregated account on the brokerage firm's books to make sure that the client's money and the firm's money is not intermingled, and clients funds are not used for operational purposes. Source.   Thus, brokerage firms do not earn interest on cash that is held unused in client accounts. Regarding \"\"Exchanges pay firm for liquidity\"\", I am not aware of any circumstances under which an exchange will pay a brokerage any such fee.  In fact, the opposite is the case.  Exchanges charge participants to transact business. See : How the NYSE makes money Similarly, market makers do not pay a broker to transact business on their behalf.  They charge the broker a commission just like the broker charges their client a commission.  Of course, a large broker may also be acting as market maker or deal directly with the exchange, in which case no such commission will be incurred by the broker.  In any case, the broker will pay a commission to the clearing house.\""}
{"text": " The previous day's close on Thursday 10th October was 5,000.00 The close on Friday 11th October is 5,025.92 So the gain on Friday was 25.92 (5025.92 - 5000) or 0.52% (25.92/5000 x 100%). No mystery!"}
{"text": " Look at how fast you are backpedaling. My statement was that you can get a union job at Boeing with nothing more than a high school degree and a passing drug test. Both my observations and Boeings own job posting lend certainty to the fact that that statement was accurate.  You don't seem to have the courage to just outright admit you're wrong, so that will have to do.  &gt;You're not proving anything by showing me the job specs.  You claimed that it required more than a high school diploma to get a job at Boeing. I proved you to be incorrect.  &gt;What you don't understand since live in a world where your resume gets you in the door is that the difficulty of a job  I don't think there's anything involving this conversation that you understand but I don't. I understand how difficult getting a job at Boeing is. I understood the requirements while you falsely claimed that they were something other than what I said. And I have fought far harder to get where I am than you have for anything in your career, so I am aware of the difficulty of getting jobs in general.   By the way, if you're relying on your resume to get your foot in the door you have already failed.  &gt;And just for the record, Boeing's thousands of union professional and technical aeronautical engineers would like to have a word with you about lack of credentials required to get a union job at Boeing, if we're going to split hairs.  So your argument is now that SOME of the union jobs require greater credentials? Really? Nice try but your bullshit argument reframing isn't going to fly."}
{"text": " I see your remarks regarding Zillow, but would add a question. Why not look only for recent sales? If you find homes similar to yours with recent sales, that's similar to how the appraisers do it. I've refinanced many times and each time, I looked at sales within three miles of my house. I hit the appraised price very close in my estimate, high or low compared to Zillow, but used transaction data from there.just my thought.  I chose a random neighborhood, and this was the first house I clicked. The main view shows last sale date, so I'd obviously suggest the OP look for more recent ones. If turnover is that low in his neighborhood, I understand, but the comment that transactions aren't listed is factually incorrect. I'd like my 2pts back. :)"}
{"text": " \"The concept of emergency fund is a matter of opinion. I can tell you the consensus is that one should have 6-9 months worth of expenses kept as liquid cash. This is meant to cover literally all bills that you might encounter during that time.  That's a lot of money. There are levels of savings that are shy of this but still responsible. Not enough to cover too much in case of job loss, but enough to cover the busted transmission, the broken water heater, etc. this is still more than many people have saved up, but it's a worthy goal.  The doctor visit is probably the lowest level. Even without insurance, the clinic visit should be under $200, and this shouldn't cause you to have to carry that amount beyond the time the bill comes in.  The point that shouldn't be ignored is that if you owe money at 18% on a credit card, the emergency fund is costing you money, and is a bit misguided. I'd send every cent I could to the highest rate card and not have more than a few hundred $$ liquid until the cards were at zero.  Last - $5K, $10K in the emergency account is great, unless you are foregoing matched 401(k) dollars to do it. All just my opinion. Others here whom I respect might disagree with parts of my answer, and they'd be right.   Edit - Regarding the 'consensus 6-9 months' I suggest -  From Investopedia - \"\"...using the conservative recommendation to sock away eight months\u2019   worth of living expenses....\"\" The article strongly support my range for the fact that it both cites consensus, yet disagrees with it.  From Money Under 30 The more difficult you rank your ability to find a new job, the more   we suggest you save \u2014 up to a year\u2019s worth of expenses if you think   your income would be very difficult to replace. From Bank of America   I have no issue with those comfortable with less. A dual income couple who is saving 30% of their income may very well survive one person losing a job with no need to tap savings, and any 'emergency' expense can come from next month's income. That couple may just need this month's bills in their checking account.\""}
{"text": " If you read the entire proposal it's a very long term plan. This would basically equal or potentially surpass Seattle. To surpass Seattle you'd need a major metro area larger than Seattle, there are only a few of those. I don't think they would pick an area smaller than Seattle unless they had plans to literally grow a metro area from themselves (which is entirely possible).   The total infrastructure of a major metro area means x # of local people at the educational, experience and income income levels. Real estate should be equal or favorable.   LA has everything besides a favorable tax envionment. Public metro could also be a problem. Everything else is unique confluences of all of the requirements.  It really depends on what industries will be their focus. Amazon fresh obviously with Whole foods like AWS and their ecom being the largest customer of AWS allowing them to earn large customers like the CIA.  I think it would be wise to think in terms of driverless vehicles, drones and 3d printed or fabricated automatic manufacturing and energy in addition to grocery and pharmaceutical.  Being near to customers has been one of their primary vectors since forever. Major metro area heat maps would be a good place to start."}
{"text": " \"You can type formatted text in reddit by using control characters, but the control characters are sometimes just normal characters that someone may want to type. In this case, to type a \"\"literal\"\" *, you must \"\"escape\"\" the control character with a \\ before it.\""}
{"text": " Shop Navratri Ethnic clothing for women at discounted prices at ethnic-rack.com. Free Shipping on order over $99. Use Coupon FESTIVE13 (for 13% off), FESTIVE17 (for 17% off), and FESTIVE20 (for 20% off). HURRY UP OFFER FOR LIMITED TIME PERIOD. Grab the Opportunity."}
{"text": " Thanks to this youtube video I think I understood the required calculation. Based on following notation: then the formula to find x is: I found afterwards an example on IB site (click on the link 'How to Determine the Last Stock Price Before We Begin to Liquidate the Position') that corroborate the formula above."}
{"text": " See my comment for some discussion of why one might choose an identical fund over an ETF.  As to why someone would choose the higher cost fund in this instance ... The Admiral Shares version of the fund (VFIAX) has the same expense ratio as the ETF but has a minimum investment of $10K.  Some investors may want to eventually own the Admiral Shares fund but do not yet have $10K.  If they begin with the Investor Shares now and then convert to Admiral later, that conversion will be a non-taxable event.  If, however, they start with ETF shares now and then sell them later to buy the fund, that sale will be a taxable event. Vanguard ETFs are only commission-free to Vanguard clients using Vanguard Brokerage Services.  Some investors using other brokers may face all sorts of penalties for purchasing third-party ETFs.  Some retirement plan participants (either at Vanguard or another broker) may not even be allowed to purchase ETFs."}
{"text": " I worked in hr recruiting software for 6 years,(job applications web sites). While this all sounds heavy handed, our experience was that this was an individual problem not a corporate problem. In other words if you can show the hiring manager they are being racist, and educate them both on the their bias and on the tracking capabilities, people changed their hiring bias or they were fired for cause. Yes big companies wanted the data to prove they were not being racist, but even small companies benefited from having the data. If a company wants to be racist in their hiring I am ok with that company going away."}
{"text": " The biggest value driver we identified were staff costs. If Amazon implements their Amazon Go technology in Whole Foods' stores(which I assume is their current plan) they would be able to cut a large chunk of staff costs reducing COGS significantly. With Jana Partners buying up shares and an already large institutional share of ownership we saw the likelyhood of success of a deal to be quite high.   The new technology is exciting and we believe interest for shopping at Amazon will be high the first years which brings revenue synergies to the table.   I'm on mobile right now(at work) so maybe I can give a more detailed answer later."}
{"text": " That is not why I did that. I brought it to the extreme to make you understand that what you said is not true.  It's easy to just say someone is dumb and stubborn when you don't have something to respond with.  Since you clearly don't want to continue this discussion, have a nice life"}
{"text": " The current store front my business moved into 3 months ago, was a Zildjian office/store. There was a big room with fully insulated walls and ceiling where artists could test cymbals.   I knew Zildjian is one of the oldest companies in the world so I was super honored to land the location they used to be in."}
{"text": " If you are planning a birthday party for your kid why do not you think at Legos for the theme? There are some easy ways to decorate that special Lego birthday cake. It is a great toy by which kids can construct all types of things, from houses to working models of cars or trains and mountains and trees."}
{"text": " In the case of HP, in the early to mid 1990's they had done really well, but by the late 90's the board and shareholders wanted to see even more profits thanks to the internet boom. They ousted their CEO Platt, who rose through the HP ranks, brought in Fiorina who was from AT&amp;T (old Long Distance AT&amp;T not the SBC/Cingular one we have now), who over-promised and never delivered and basically forced HP in buying Compaq which nearly destroyed HP.  The only reason why HP is still around today is thanks to its business line of workstations and printers. The company made many bad decisions during Fiorini tenure which was amazing that anyone trusted her, but I'm guessing she was great at hissy fits. Somehow she has made a name for herself and is now trying politics and her type of leadership fits perfectly with the current republican party."}
{"text": " ACH as offered in US is a very broad and versatile network used for a range of business case. There is no other network as versatile. In Europe UK has BACS as equivalent about 50-70% of what US-ACH offers. Most European countries also have ACH [Collectively Called ACH, have 90% of the layouts that are identical, called by different names domestically, different business capabilities and rules]. Most countries in Asia also have similar networks. For example in India there is ECS now replaced by NACH. In Singapore/Indonesia/Thailand/Malaysia they have Giro's. China has CNAPS and BEPS. So essentially every country has addressed the business need differently and bis.org has a decent over-view country wise on the clearing systems available."}
{"text": " \"People who rent an apartment will typically pay by check. Probably 90% of the checks I have written are for rent. To some extent this falls under the previously mentioned \"\"payments to another person\"\" rule.\""}
{"text": " Two ideas. EDIT: you should also do alot of research about how to invest this money properly. Something low risk but will beat inflation by a margin."}
{"text": " &gt; When we stopped using horses &amp; buggies, all the people in those industries didn't just throw up their hands and walk away from work.  We started producing cars that still needed to be driven by humans. Now we can produce cars with minimal human intervention in the production process and they'll be driving themselves.  A robot already did an unassisted heart surgery and they are better at diagnosing then MDs.   We moved from agriculture to industry to service. Once we automate service what is left for humans to do? Entertain?"}
{"text": " &gt;Xin Guobin, vice-minister of industry and information technology, told a forum in the northern city of Tianjin at the weekend that his ministry had started \u201crelevant research\u201d and was working on a timetable for China.  &gt;Xin said the policy would be implemented \u201cin the near future\u201d, according to the official Xinhua news agency.  One guy in the bureaucracy announced to a group of irrelevant people that they're thinking of looking into it. This is another empty promise made to look good in the papers, not a real policy. Banning all gasoline cars in a country that size, with that weak and inconsistent of infrastructure? I'll believe it when I see it."}
{"text": " You've never heard of Halliburton?  Granted that was Cheney.  Cheney received received $398,548 in deferred compensation from Halliburton while Vice President.  Don't remember him going to jail.  And let's not forget the Bush's.  They had numerous investments in oil companies.  What's the best way to drive up oil prices?  War in the Middle East of course.  Vice President/President Gerald Ford also was criticized for his investments.  This nothing new.  Presidents are allowed to continue to operate their businesses.  And I can't think of a single one that was ever punished for doing that.  Honestly what I like about Trump compared with other Republicans is the fact he has no interest in war.   He has absolutely nothing to gain from war.  And every interest in peace.  War would probably hurt his businesses.  Look at the cease fire in Syria.  Look at how he ended a CIA program arming Syrian rebels.  That very different from what was happening under Obama and Clinton at the State Department."}
{"text": " I don't really consider algorithms a form of intelligence, as they are generally static in their outputs. AI would change the algorithm or would design a new one.  But I really don't know enough about this stuff, and I need to read up on it."}
{"text": " &gt;old investors  SS is not an investment. It is a Tax. Learn the difference. Thus you pay for it with the [Federal Insurance Contributions Act tax (FICA)](http://en.wikipedia.org/wiki/Federal_Insurance_Contributions_Act_tax).   It is *not* an investment, you do not have an account with your money, it has *always* been a pay as you go plan, just like medicare, funds for schools, and all the other programs.  So you fail again on all counts.   &gt;And what part of the constitution says the US government should collect some of my wages and save it for me for later?  Since it is a tax, Article I, Section 8, Clause 1 covers it pretty well. And the Supreme Court has held that the two mentions of promoting the general welfare also allow taxation for promoting the general welfare.  You might want to learn about what the Constitution actually says and more importantly *how that is interpreted by law* instead of what you think it says.  &gt;You do know, some people have opted out of SS? Even the US government will not take the fight to court.  The US government wrote the laws that specify exactly who can opt out. Most people *cannot* just opt out because they don't meet the criteria. Again you're wrong."}
{"text": " I haven't heard of a company allowing you to convert an after-tax 401k to a Roth 401k, though an after-tax 401k to a Roth IRA conversion is common and has basically the same upside. You'll have a taxable event on your gains until the point of the conversion, but that's a small price to pay to make sure all future gains are tax free. I agree, there really is no downside."}
{"text": " \"I purchase next to 0 processed foods every month. I'd go with maybe a few \"\"extras\"\" every month that I enjoy (granola bars, cookies, whatever). I spend MUCH less on food (and eat WAY more) than anyone else I know. You really think that that box of corn dogs is cheaper than a couple pounds of grass fed beef? When you do the math, and figure out that you only eat 4-8oz of beef in a sitting, yet you eat 3 corn dogs, it becomes clear what the better option is.  The problem isn't a lack of money, it is a lack of education in basic nutrition.\""}
{"text": " Although it may be a little late for you, the real answer is this:  When you close on a mortgage for a primary residence you are affirming (in an affidavit), two intents: Now, these are affirming intentions \u2014 not guarantees; so if a homeowner has a change of circumstance, and cannot meet these affirmed intentions, there is almost always no penalty.  Frankly, the mortgage holder's primary concern is you make payments on time, and they likely won't bother with any inquiry.   That being said, should a homeowner have a pattern of buying primary residences, and in less than 1 year converting that primary to a rental, and purchasing a new primary; there will likely be a grounds for prosecution for mortgage fraud. In your specific situation, you cannot legally sign the owner-occupancy affidavit with the intention of not staying for 1 year.  A solution would be to purchase the condo as a second home, or investment; both of which you can still typically get 80% financing.  A second home is tricky, I would ask your lender what their requirements are for 2nd home classification.   Outside that, you could buy the condo as a primary, stay in it for a year, then convert.  If you absolutely had to purchase the 2nd property before 1 year, you could buy it as a primary with a 2 month rent back once you reach 10 months.  Should you need it earlier, just buy the 2nd house as an investment, then once you move in, refinance it as a primary. This last strategy requires some planning ahead and you should explain your intention to the loan officer ahead of time so they can properly price the non-owner occupied loan."}
{"text": " Defined Benefit Plans: Defined benefit plans are disappearing because of their high cost to the companies that provide them.  When an employee retires, the company must pay his pension for the rest of his life, even longer if the pension includes a survivor option.  Thus the company's financial burden grows as more employees retire.   By law, they must provide a fund that has sufficient resources to pay all present and future pensions.  Low interest rates, such as we have now, place a greater burden on the amount that must be in these funds.   For these reasons, most companies, including large ones like IBM and Lockheed Martin, have discontinued their pension plans and provide only defined contribution plans.   Defined Contribution Plans: These require the company to only make contributions while the employee is working.  Once the employee retires, the company's responsibility ends.  Usually these plans employ a 401K type savings plan for which the employee contributes and the companies matches some or all of that contribution.  Comparison: Although a fully company paid pension plan is the best, it is now almost unavailable.  The defined contribution plan, if it includes company matching, can be a viable alternative if the investments are chosen wisely and perform as expected.  Of course, this is not guaranteed but is probably the best option that most working people have at this time."}
{"text": " Certainly some channels like History (tbf it was always a little crappy) and Discovery turned to total crap but stations like FX and AMC went from showing shitty 80's movies to producing some of the best original shows of all time.   Sci-fi has gone mostly shit, but it still does sci-fi original programming.   Really, DVDs, DVR and Netflix have ruined rerun value. Networks can only make money on new stuff. So they show shit most of the time, and go to good stuff of a couple hours a week."}
{"text": " I would suggest opening a new account (credit card and bank) for just your business. This protects you in multiple ways, but is no bigger burden for you other than carrying another card in your wallet.  Then QB can download the transactions from your website and reconciling is a cinch. If you got audited, you'd be in for a world of pain right now.  From personal experience there are a few charges that go unnoticed that reconciling finds every month at our business.  We have a very strict process in place, but some things slip through the cracks."}
{"text": " If for any tax year, you were eligible to make deductible contributions to a Traditional IRA, and did make the contributions in timely fashion, then there is no need to file Form 8606 for that year. Form 8606 (which tracks your basis in the IRA) is needed if Form 8606 is also needed if"}
{"text": " Minneapolis is totally underrated, I agree. One of the more surprisingly cool US cities imo.   I had a similar experience the first time I went to Pittsburgh too, not long ago. I spent the whole week talking myself out of impulsively just moving there. Did not expect that at all.   I guess neither were necessarily 'underrated' per se \u2013 more like under-acknowledged for their coolness."}
{"text": " \"I read this so often and it's such bullshit.  Do you know why robots won't replace fast food workers? Because the fast food workers are cheap. Dirt cheap.  Why don't people realize this? I guess because most people earn pretty shitty wages themselves, so they don't see how $7.50/hr. is next to nothing, especially when your average McDonald's store makes $7,100 in revenue per day. 3 shifts of 6 workers means your wage costs are $1,080 for workers, ex-managers. Wages are 15% cost of sales.  That's nothing.  Would robots cost less? Hmm...maybe. How much do they cost to buy? How often do you need to maintain them? How much do parts cost? IT staff to manage them? Do you still need a manager to take in deliveries, and is he going to stack and organize them now? (Robots can't do that--they lack the dexterity.) Also, are the managers going to start cleaning the toilets now? Doubtful--and robots can't do that either.  In other words, this \"\"robots are taking over\"\" is true but \"\"robots are going to crowd out minimum wage workers\"\" is complete and total horseshit. I think lower middle class and middle class office workers are being fed this line to oppose minimum wage increases--which of course boost corporate margins.  But they're the ones at risk.  You know who robots CAN replace more easily than minimum wage workers? Office workers. Secretaries, actuaries, bookkeepers, investment managers, marketing analysts, IT managers, accountants, journalists...  Don't worry, middle class America. The robots aren't coming for the people who clean your toilets, who cook your food, and who wash your dishes. No. They're coming for you.\""}
{"text": " I've always thought, how could they afford that expensive real estate at the end of those dumbbell malls (the ones with the largest stores on either end) for almost all of their stores? A store like American Eagle is so much more profitable by area and are in the middle of the mall. Not many people really think about Sears as being the 'best' in any part of the market."}
{"text": " \"*While the politicians delay dealing with the stickier issues of immigration reform, surely they could get together on abolishing the limits on H1b visas for young educated foreign workers.*  Yes, surely they could get together on abolishing the limits on H1b visas for YOUNG educated foreign workers and thereby throw even more older tech workers out of work. As you can see from the first graph and table at http://econdataus.com/h1binfo.htm , the top 11 users of H1b visas in 2013 were companies heavily involved in outsourcing. And as you can see from the third graph and table at http://econdataus.com/h1binfo.htm , over 80 percent of initial H-1B hires are under 35.  Few of those high tech firms pushing to increase or abolish the limits on H1b visas even suggest that we need have any concern for U.S. workers. Perhaps workers and other citizens should reward those tech companies by giving them a taste of their own philosophy. Ignore any suggestion that we give any deference to tech products made in the U.S. and buy only foreign products. That will help build the foreign competition, giving those foreign workers places closer to home at which they can work. That may dry up the supply of cheap foreign labor and cause U.S. companies to treat their U.S. workers a little better. And, to paraphrase the pro-H1b philosophy, why should we buy a product made in the U.S. when a \"\"more qualified\"\" one is available from a foreign country?\""}
{"text": " Everbank has offered accounts in foreign currencies for a while. https://www.everbank.com/currencies Takes a while to get it setup; and moving cash in and out is via wire transfer.  Also you need to park $5K in USD in a money market account; which you use as a transfer point."}
{"text": " \"Exactly what accounts are affected by any given transaction is not a fixed thing. Just for example, in a simple accounting system you might have one account for \"\"stock on hand\"\". In a more complex system you might have this broken out into many accounts for different types of stock, stock in different locations, etc. So I can only suggest example specific accounts. But account type -- asset, liability, capital (or \"\"equity\"\"), income, expense -- should be universal. Debit and credit rules should be universal. 1: Sold product on account: You say it cost you $500 to produce. You don't say the selling price, but let's say it's, oh, $700. Credit (decrease) Asset \"\"Stock on hand\"\" by $500. Debit (increase) Asset \"\"Accounts receivable\"\" by $700. Credit (increase) Income \"\"Sales\"\" by $700. Debit (increase) Expense \"\"Cost of goods sold\"\" by $500. 2: $1000 spent on wedding party by friend I'm not sure how your friend's expenses affect your accounts. Are you asking how he would record this expense? Did you pay it for him? Are you expecting him to pay you back? Did he pay with cash, check, a credit card, bought on credit? I just don't know what's happening here. But just for example, if you're asking how your friend would record this in his own records, and if he paid by check: Credit (decrease) Asset \"\"checking account\"\" by $1000. Debit (increase) Expense \"\"wedding expenses\"\" by $1000. If he paid with a credit card: Credit (increase) Liability \"\"credit card\"\" by $1000. Debit (increase) Expense \"\"wedding expenses\"\" by $1000. When he pays off the credit card: Debit (decrease) Liability \"\"credit card\"\" by $1000. Credit (decrease) Asset \"\"cash\"\" by $1000. (Or more realistically, there are other expenses on the credit card and the amount would be higher.) 3: Issue $3000 in stock to partner company I'm a little shakier on this, I haven't worked with the stock side of accounting. But here's my best stab: Well, did you get anything in return? Like did they pay you for the stock? I wouldn't think you would just give someone stock as a present. If they paid you cash for the stock: Debit (increase) Asset \"\"cash\"\". Credit (decrease) Capital \"\"shareholder equity\"\". Anyone else want to chime in on that one, I'm a little shaky there. Here, let me give you the general rules. My boss years ago described it to me this way: You only need to know three things to understand double-entry accounting: 1: There are five types of accounts: Assets: anything you have that has value, like cash, buildings, equipment, and merchandise. Includes things you may not actually have in your hands but that are rightly yours, like money people owe you but haven't yet paid. Liabilities: Anything you owe to someone else. Debts, merchandise paid for but not yet delivered, and taxes due. Capital (some call it \"\"capital\"\", others call it \"\"equity\"\"): The difference between Assets and Liabilities. The owners investment in the company, retained earnings, etc. Income: Money coming in, the biggest being sales. Expenses: Money going out, like salaries to employees, cost of purchasing merchandise for resale, rent, electric bill, taxes, etc. Okay, that's a big \"\"one thing\"\". 2: Every transaction must update two or more accounts. Each update is either a \"\"debit\"\" or a \"\"credit\"\". The total of the debits must equal the total of the credits. 3: A dollar bill in your pocket is a debit. With a little thought (okay, sometimes a lot of thought) you can figure out everything else from there.\""}
{"text": " That's laughable though. Point guards in the NCAA work their asses of as well. How many of them make it? Working ass is always memories to play a much larger role than it does. And we're talking sports. Something probably far more meritocratic than the rest of us plebs are doing."}
{"text": " &gt;**Most have three wheels and do not tilt. An exception is in Cambodia, where two different types of vehicles are called tuk-tuks, one of which (also known as a remorque) has four wheels and is composed of a motorcycle (which leans) and trailer (which does not)**  Today i learned!"}
{"text": " &gt; pay a premium to the enthusiastically complicit exchanges for the privilege of scalping those that do not.  I'm assuming you're talking about colocation. Can you tell me how colos enable them to scalp participants without a colo? Give me a breakdown."}
{"text": " Edited because my first response was incoherent. The US and Western Europe have always had solid food and water supplies that helped them grow. The same can't be said for countries like Zimbabwe and other mineral rich countries. Diamonds and lithium and other similar commodities are only as valuable as they are because we have had the luck to grow our economy and technology to the point where we have the time/money to look into spending like that.   I find it hard to believe that we would be making smartphones if we didn't have the basic resources first."}
{"text": " I don't know how much you travel but I travel to Europe, SE Asia and the Middle East frequently...  Security is a breeze compared to the US TSA thugs.  Even Israel is easier to do an airport transit than any US hub..."}
{"text": " Like the old Perrier-San Pelegrino case study?  Market Basket offers a much much better experience then the local Shaws, A&amp;Ps, Stop and Shops and other crap.  I think product differentiation should help them out to gain back customers.  Also, people want to be part of the story, which in this case involves a triumphant return of the CEO."}
{"text": " The reason that you are advised to take more risk while you are young is because the risk is often correlated to a short investment horizon. Young people have 40-50 years to let their savings grow if they get started early enough.  If you need the money in 5-15 years (near the end of your earning years), there is much more risk of a dip that will not correct itself before you need the money than if you don't need the money for 25-40 years (someone whose career is on the rise). The main focus for the young should be growth. Hedging your investments with gold might be a good strategy for someone who is worried about the volatility of other investments, but I would imagine that gold will only reduce your returns compared to small-cap stocks, for example. If you are looking for more risk, you can leverage some of your money and buy call options to increase the gains with upward market moves."}
{"text": " \"One easy way to monitor costs in QuickBooks is to establish sub-bank accounts.   For example, you may have an asset account called \"\"State Bank\"\" numbered 11100 (asset, cash and cash equivalents, bank). Convert this to a parent account for a middle school by making subaccounts such as At budget formation, transfer $800 from Operations 11110 to Family Fun Committee 11130.  Then write all checks for Family Fun from the Family Fun 11130 subaccount.   For fundraising, transfer $0 at budget formation to the X Grade accounts.  Do deposit all grade-level receipts into the appropriate grade-level subaccounts and write all checks for the grades from the grade-level subaccounts.   The downside to the above is that reconciling the check book each month is slightly more complicated because you will be reconciling one monthly paper bank statement to multiple virtual subaccounts. Also, you must remember to never write a check from the parent \"\"State Bank\"\" 11100, and instead write the checks from the appropriate subaccounts.\""}
{"text": " That's exactly what happened to me except on Fiverr. I had months of activity and hundreds of 5-star reviews. I had real clients. Repeat buyers. Real business relationships.   Then one day they deleted both of my accounts (I had one for buying and one for selling). Apparently, buried somewhere in their terms of service, users aren't allowed to have more than one account. I didn't even try to hide it- my usernames were nerdi and nerdi2. They even made me wait months and submit I.D. just to be able to log in and withdrawal my earnings.  So much for that."}
{"text": " Society sets the values by which we judge actions. In the US, the choice has been to have business first class citizens, and humans second class. In the US you believe greed is good (and Christian for some bizarre reason) and you distrust your government.   In Europe we expect our government to protect us from sociopathic corporations, which are seen as a useful, but problematic, tool. Humans come before businesses. etc.   In the US you assign different values than we do in Europe. We optimize for a different goal function."}
{"text": " You can get an investment manager through firms like Fidelity or E*Trade to manage your account. It won't be someone dedicated exclusively to you, but you're in the range where they'd take you as a managed account customer. Another option would be to get a financial planner (CFP or something) help you to identify your needs and figure out what your investments portfolio should look like. This is not a whole lot of money, but is definitely enough to have an early retirement if managed and invested properly."}
{"text": " In this day and age, online shopping has become a huge business, with more and more customers across the globe turning to the online sites to buy different types of products, equipment etc.  This is particularly the case in those places where e-commerce is taking hold over the means people shop."}
{"text": " \"Both, really. Thanks for the insight.  What would someone have to do to \"\"show you\"\" that their an expert? Also, what level would you consider an expert? I can manuver a spreadsheet using only the keyboard and have used excel quite a bit, but have limited use with things like VLOOKUP/Pivot tables/VBA.\""}
{"text": " They still have to power the heat/AC, radio, any proximity sensors/self driving sensors etc. Plus the way many people drive it will start every 10 seconds to go 8 ft then stop again. I'm sure a fleet of self driving cards would smoothen that out, but people suck at driving."}
{"text": " These two categories ensure you will carry the card in your wallet (since they only work for physical locations), but don't tend to have excessive spending (most people maxing out at $200 or so per month, so $2 for the bonus).  You then use the same card for other purchases, because you have it on you, where you only get the 1%. It worked for me, I started carrying the Amazon card when I found out it had a higher percentage for gas purchases.  I only use it for gas though."}
{"text": " used cars in nj  ---1800 Auto Land located on Rt. 22 in New Jersey, is one of NJ's premier Toyota car dealerships. You'll discover plenty of vehicles to choose from, so no matter the type of vehicle you're looking for we have something to fit your needs."}
{"text": " \"Before we all argue about his pricing, blah blah - let me explain to you how he absolutely fleeced consumers under the guise of helping them.  JCPenney had a handful of sales strategies:  * 40% off  * 50% off  * Buy one, get one for $0.01  * Buy one, get one for $0.99  * 60% off  * Green tag clearance (where things were up to 90% off discounted prices; items as low as $0.97)  What he did was basically eliminate all of the different kind of sales and just discount a straight 40%.  Meaning that before, when you were \"\"screwed\"\", the worst you would do is their \"\"everyday low pricing\"\" today. If you went in and bought at their worst 40% sale, you got exactly what he offers you right now. If you were lucky and went in at a better time, you actually saved more, generally around 50% with BOGO-type of stuff.  Not only that, he killed coupons. This is where you could really rake. You would:  * Save money with your JCP card  * $10 off orders of $25  * $10 off orders of $30  * $10 off orders of $50 / $15 off $75 / $25 off $100  Again, these all varied, but you could stack coupons on top of savings.  Shoppers (like me) stopped going there because the savings ceased to exist. We're not stupid, but he played us like we were and he counted on people's outrage of sales to dupe them. As you can see by the scheme I've shown, you not only saved more before, but way more. And the argument that it's better now is patently false because their prices are identical to their worst sale without any coupons.  Why do you think the red stickers go over the price? Because they want to hide it. The same items at Kohls have the sticker from Union Bay or whoever on it. It's all the same MSRP. It's just that he tried to fool the shoppers he didn't have with false outrage, but alienated the rest of the shoppers who look at their receipt.\""}
{"text": " Everything would depend on whether the calculation is being done using the company's all-time high intraday trading price or all-time high closing price. Further, I've seen calculations using non-public pricing data, such as bid-offer numbers from market makers, although this wouldn't be kosher. The likelihood is that you're seeing numbers that were calculated using different points in time. For the record, I think Apple has overtaken Microsoft's all-time highest market cap with a figure somewhere north of $700 billion (nominal).  Here's an interesting article link on the subject of highest-ever valuations: comparison of highest market caps ever"}
{"text": " Switch to a different product. For $500, you'd be surprised what you could buy wholesale.   Potential options:  -Find something appropriate to wholesale to your peers on Alibaba  -Start a T-shirt company with graphics relevant to your school, area, or pop-culture microcosm. Edgy inside references with clean graphics being ideal. Shopify is $25 a month + Print on demand t-shirt company (about $7 profit per shirt) + Fiverr for inexpensive graphics --&gt; you could launch a local T-shirt brand for less than $100."}
{"text": " &gt;you seem to have some vague sense of unfairness or scalping in the system but no rigorous idea of how it could be happening  Now you're just being purposefully obtuse. Katsayuma laid out the mechanisms quite clearly. Front-running is not that hard to understand."}
{"text": " **[Online advertising](http://www.makeyouradvertisement.com/)** is all around us. Sometimes it's specific, and sometimes it's in your experience. Sometimes it's valuable, and sometimes it's aggravating. As the web regularly become a free assistance, provided only by causes, so too does the designed side-effect of Online advertising. The purpose of this post is to discover the art of Online advertising by looking at people thought with respect to both the group and causes."}
{"text": " You need to contact the trading company and ask them what's going on. If it's simply a matter of needing to add more cash because you are now classified as a day trader, then call them, ask them what you need to do to not be considered a day trader, and do that. It would likely consist of not trading for a week and then trading less than you were going forward to avoid getting classified as a day trader again.  That would be the easy problem to solve, so I hope that's right."}
{"text": " \"Spain is one of the most socialists states in Europe. I know because I live here. You are totally correct that the former owners broke it, what you are not right about is that they were private. Caja Madrid was a special partnership between the local governments and some private parties. All the \"\"cajas\"\" in Spain were set up that way and all had government representatives in their boards.  EDIT: I just checked and turns out Caja Madrid, which represents 50% of Bankia, was 100% owned by the Madrid local government. The rest of the 50% of Bankia was formed with other \"\"cajas\"\" which were partly or completely owned by their local governments as well.  Also is worth noting that the spanish private banks are also in trouble and have survived only because of the liquidity provided by the ECB, but they are not even close to the level of bankruption that the \"\"cajas\"\" have achieved.\""}
{"text": " Metropolitan Shredding is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Melbourne"}
{"text": " \"I was in a similar situation about a year ago, and the expedient thing to do would be to remove your grandfather from the Title.  He would probably have to agree with this, but I think he will if you approach it correctly. In my case, I was the cosigner for my son's car loan and was told by the dealer that I \"\"had to be on the title\"\".  This is not true as far as Virginia is concerned (Illinois may be different).  I know this because when my son dropped his auto insurance I got the fine for having an uninsured vehicle and was told during the hearing that the dealer was mistaken. It all worked out in the end, but all we had to do was go down to the DMV and get my name taken off of the title. I'm sure if you approach it this way - you do not want him to be responsible for things that you do (who would get sued if you caused an accident?) he would agree to have his name removed from the title.\""}
{"text": " For the same reason that you take out low interest loans on big purchases like a car even if you have cash. Plus, tax advantages as another comment said. Netflix is also a growth stock and is using that debt to create real value."}
{"text": " If the contributions were yours, they are vested immediately. Otherwise, there are some rules laid out on the Department of Labor website: ww.dol.gov/ebsa/publications/wyskapr.htm"}
{"text": " I'll probably be downvoted to hell for saying this, but why is it considered so normal that so many people are overdrafting their account all the time?  Whether you're poor or rich, there are a plethora of free tools out there to help you manage and keep track of money.  Wells Fargo is doing shady shit here, but if you spend 14 seconds watching your money every day (so you know what your buffer is), they would never be able to do this.  Pay fucking attention to your money and you'll lose a lot less of it (in all areas of life)."}
{"text": " Seems like the doctor's office is not very organized. Ask for a line itemized bill. You want the date and the specific service(s) performed on those dates. If the bill seems fair and correct, try to negotiate cash discount payment. Ask how much they would settle for if you paid cash. If it is higher than you were thinking, say you were not expecting this sudden bill and if they would accept $xxx. If they say yes, great. If not, try to compromise, pay the suggested offer, or not pay and hope they don't send it to collections."}
{"text": " My local credit Union has insured IRA accounts or IRA certificates that get the same low interest rates that non-IRA accounts receive. They get NCUA insurance, which is the equivalence of FDIC insurance."}
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{"text": " Stay away from college debt. You can't default on it. Your wages will be garnished if you're unable to pay it back. Even when your and old man, they will garnish your social security money. In effect college debt makes you an indentured servant. Maybe even worse than the 7 years of servitude people served in early America. Lots of grads are working in restaurants and retail stores.... even some computer science grads. There is great risk in the college investment compared to 40 years ago when it was a sure thing. Do not take debt for college. If that means you can't go to college then so be it.  You're future self will than you."}
{"text": " First of all, that link is nonsense. I recommend you read the actual GAO audit report, which has 16T in *revolving loans* with only (if I recall) about 1.8T in actual loans at any one time. Secondly, every time I check the details of a claim from Bernie Sanders he has stretched the truth far beyond reasonable, mostly to keep his name in the news I expect.  Now, there was nothing that secret about *anything* in that report that was not reported in GAO reports from earlier. This audit was done for political purposes mostly, and the Fed has audits done regularly, as I stated earlier. This too can be checked, and I recommened you do so rather than believe me or that story.  That incident, as you call it, is already exceeding rare. You have to weigh the pros/cons of that incident (which as I pointed out is not really an incident) with the problems that arise when you make more transparent and governmental control of the Fed. If the Fed has a role in stabilizing the economy (which is it's mandate) and if many of the tools do not work as well with more transparency and if there is evidence across many countries that doing such things to the Fed will likely result in certain problems, then one should make that call. However, to want those changes made while being ignorant of the issues is a terrible idea, and it is the least informed that usually yell the loudest for such changes. This would not be a problem except then certain politicians realize they can get votes by pandering to the ignorant masses, which really leads to tanked economies.  Find how many economies have been tanked by an independent central banks versus how many have been tanked by political forces meddling with their respective economies.  Finally, I highly recommend anytime you read a story that sounds outrageous, track down the source material and read it yourself. If you cannot find source material, or they do not  list it, then distrust them.  You'll find 99/100 times the outrageousness is created by selectively pulling information from the actual reports. Then track down report sources, wherever possible. Etc.  Seriously, read the actual report."}
{"text": " I've had similar thoughts about Orrin Hatch. There's lots of talk that this is his last term. I think that has affected his decision making process. He's more willing to be an actual representative is what it seems like"}
{"text": " No economic model uses a 1 term game. They are pretty much either games until infinity or close enough, with only the final game having incentives for acting selfish.   The classic non cooperative behaviour is prisioners dilema and everybody is worse off because they tried to be selfish. The problem is fixed by cooperation."}
{"text": " \"You probably know that the answer is, \"\"it depends\"\".  If this is truly a pin money type of operation, then perhaps sole trader is for you. I incline to using a limited company for two reasons, one optimistic and one pessimistic.  You are looking at a business to make some money with your talents.  If your business takes off, it's much easier to expand a LTD than a sole trader. Getting credit, dealing with suppliers, hiring people, all much easier.  And if things go well, you will be expanding.   The negative reason is that as a sole trader  (you) have unlimited liability for the debts of your enterprise. If you get sued, say your skincare line makes someone's face into a rash, you are on the hook for the whole amount. You don't want to torpedo your family if it goes bad. Being a limited company protects you from that. I can tell you that the overhead of running a small LTD is pretty light so long as you are meticulous about your record keeping. I had an LTD with two toddlers under my feet and it was perfectly doable to handle the paperwork.\""}
{"text": " This may not help with the overall grocery issue, but I find that there are items that I can do without the name brand version of.  A handy rule-of-thumb is to start with the least-expensive brand and work your way up, until you find one that your family likes.  For instance, I've learned I can do without French's mustard in favour of no-name, but there's no way I can live without Kraft peanut butter."}
{"text": " Great, thank you very much! I guess I will just do my 7/66 first and then worry about the others (CFP or CFA) later if I really want to get them. I just wanted to make sure I wasn\u2019t doing something I didn\u2019t *really* need to do."}
{"text": " Looking at the numbers quickly,  if he makes this amount for the entire year, single, no kids, no investment income, standard deduction only, his taxable income will be about $110,000.*  That puts him in the 28% tax bracket.  His federal tax would be:  $18,481.25 plus 28% of the amount over $90,750 Which comes out to about $23,800 in tax liability.  His federal withholding is $26,047 for the year, so with absolutely no deductions whatsoever, he will be getting a tax refund of about $2200. I'm not very familiar with the California tax return, but it is entirely possible that he would get a decent sized refund from the state as well.  This means that his tax refund could be about the size of an extra paycheck.  He may want to consider increasing his allowances, which would make his paychecks bigger and his tax refund smaller. That having been said, taxes are high, no doubt about it.  Remember that when you are in the voting booth.  :) * Here is how I got the taxable income number for the year:"}
{"text": " I know in the instance that if my MAGI exceeds a certain point, I can   not contribute the maximum to the Roth IRA; a traditional IRA and   subsequent backdoor is the way to go. My understanding is that if you ever want to do a backdoor Roth, you don't want deductible funds in a Traditional account, because you can't choose to convert only the taxable funds. From the bogleheads wiki: If you have any other (non-Roth) IRAs, the taxable portion of any   conversion you make is prorated over all your IRAs; you cannot convert   just the non-deductible amount. In order to benefit from the   backdoor, you must either convert your other IRAs as well (which may   not be a good idea, as you are usually in a high tax bracket if you   need to use the backdoor), or else transfer your deductible IRA   contributions to an employer plan such as a 401(k) (which may cost you   if the 401(k) has poor investment options)."}
{"text": " Those \u2018crises\u2019 are only an issue if you need your savings during the time of crisis. If you have time to sit it out, you should just do that, and come out of the crisis with a gain. People that lose money during a crisis lose it because they sell their investments during the crisis, either because they had to or because they thought they should. If you look at historic values of investments, the market overall always recovers and goes over the orignal value some time after the crisis. Investing even more right in the crisisis the best way to make a lot of money."}
{"text": " I'd argue that zoning laws are not even I'm the same boat as taxi companies.  Also, again, good on Uber. If the market is broken, and normal citizens can't do shit about it, I'm glad that something or someone could.  Look. There is no reason that a taxi medallion in NYC was considered a good  investment, in a competitive market it wouldn't have been. There is no good reason that the number of cabs on the streets of NYC were the same two years ago as they were in the 60s, despite rampant pupulation and tourism growth."}
{"text": " Just so you know, the SEC doesn't have criminal authority, they do civil fines.  It's the Department of Justice that sends white collar criminals to jail.  If you'd like to see what they've been up to, [here's a little info from the FBI](http://www.fbi.gov/stats-services/publications/financial-crimes-report-2010-2011)  Also, I could be wrong but I think the government mass settled the claims coming from the financial collapse.     *edit: you don't get to keep the money you made from your illegal activity.  That would just be stupid.  The fines are on top of giving the money back*  *edit 2: remember [these girls?](http://www.youtube.com/watch?v=ihLBCbNIDbI&amp;feature=share).  They didn't get to keep the money they stole.  It's no different in white collar crime.*"}
{"text": " If only SOMEONE would make a decent android with a blackberry-style keyboard, RIM could die a more honorable and fast death.  I'm still using an old BB and the only reason I'm holding off on buying the Blackberry Bold 9930 (the one with the half-height touchscreen) is because I'm afraid the company is about to go out of business.  The Blackberry Bold 9930 is what they should have released years ago instead of their parade of dumbassery that was the Storm, the Torch, the Playbook, and now a new BBOS 10 phone WITH NO FUCKING KEYBOARD!!!  Are they insane!?"}
{"text": " Are ready to choose the best digital marketing company in 2017, here are some steps and guidance. Which gives you steps by step tips for choosing a suitable company for your website in the Dubai. *Check Company website ranking *SEO packages *Local SEO services *Check company background and years of experience and much more things you can ask to them. You can also hire experts Search engine optimization in dubai like seo-daddy which is Dubai, UAE based company, which has affordable SEO packages also and have an SEO consultant for your website audit. For further more details, you can visit to our website."}
{"text": " I wish it were easy to do in person.  My targets are produce buyers at mostly large supermarket chains. They're not anywhere near me. Gatekeepers are rarely the problem. Getting their attention for a few minutes is."}
{"text": " &gt; The biggest value driver we identified were staff costs. If Amazon implements their Amazon Go technology in Whole Foods' stores(which I assume is their current plan) they would be able to cut a large chunk of staff costs reducing COGS significantly.  Oh good."}
{"text": " \"Give me your money. I will invest it as I see fit. A year later I will return the capital to you, plus half of any profits or losses. This means that if your capital under my management ends up turning a profit, I will keep half of those profits, but if I lose you money, I will cover half those losses. Think about incentives. If you wanted an investment where your losses were only half as bad, but your gains were only half as good, then you could just invest half your assets in a risk-free investment. So if you want this hypothetical instrument because you want a different risk profile, you don't actually need anything new to get it. And what does the fund manager get out of this arrangement? She doesn't get anything you don't: she just gets half your gains, most of which she needs to set aside to be able to pay half your losses. The discrepancy between the gains and losses she gets to keep, which is exactly equal to your gain or loss. She could just invest her own money to get the same thing. But wait -- the fund manager didn't need to provide any capital. She got to play with your money (for free!) and keep half the profits. Not a bad deal, for her, perhaps... Here's the problem: No one cares about your thousands of dollars. The costs of dealing with you: accounting for your share, talking to you on the phone, legal expenses when you get angry, the paperwork when you need to make a withdrawal for some dental work, mailing statements and so on will exceed the returns that could be earned with your thousands of dollars. And then the SEC would probably get involved with all kinds of regulations so you, with your humble means and limited experience, isn't constantly getting screwed over by the big fund. Complying with the SEC is going to cost the fund manager something. The fund manager would have to charge a small \"\"administrative fee\"\" to make it worthwhile.  And that's called a mutual fund. But if you have millions of free capital willing to give out, people take notice. Is there an instrument where a bunch of people give a manager capital for free, and then the investors and the manager share in the gains and losses? Yes, hedge funds! And this is why only the rich and powerful can participate in them: only they have enough capital to make this arrangement beneficial for the fund manager.\""}
{"text": " Agreed, early in the article one of the owners compares themselves to their german competitors that eat $200+k of their lunch regularly because they lack staff to keep up with demand.   Germany does not traditionally drug test every position up and down the chain. They generally only do it if you are responsible for narcotics (pharma), running heavy equipment or handling something that would kill people if you screwed up. If you are a cashier, desk worker or laborer you do not get tested as it is considered an invasion of privacy."}
{"text": " &gt;Nail holes.  If they were the small picture hanging nail holes and there were only a couple of them then it would be normal wear and tear.  If they used  regular nails to hand them then no, that's a misuse.  If there were a lot of nail holes (think a collage of 15 pictures all together on one wall) then it is not normal wear and tear.  &gt;The stains were small discolorations, not big purple splotches of wine.  Stains are never considered normal wear and tear.  Stains are excessive.  &gt;The carpet was old when they got there also  Was it in good shape or poor shape?  If it was fraying and had worn paths in it when they arrived then I would make an argument stating that the carpet was is disrepair to begin with."}
{"text": " Samuel Strauch received a B.A. from Hofstra University and received degrees from Erasmus University in Rotterdam and Harvard University. His first interest was to pursue a career in banking but joined his family\u2019s real estate business. After working as a banker, he decided to join his family\u2019s South Florida real estate business."}
{"text": " Bullshit, I'm guessing you don't know many CEOs and what they provide for a company, do you?   Also, your idea about private management is meaningless. The shareholders manage the company. End of story. They are also the owners."}
{"text": " Perhaps there is no single formula that accounts for all the time intervals, but there is a method to get formulas for each compound interest period. You deposit money monthly but there is interest applied weekly. Let's assume the month has 4 weeks.  So you added x in the end of the first month, when the new month starts, you have x money in your account. After one week, you have x + bx money. After the second week, you have x + b(x + bx) and so on. Always taking the previous ammount of money and multiplying it by the interest (b) you have. This gives you for the end of the second month:  This looks complicated, but it's easy for computers. Call it f(0), that is: It is a function that gives you the ammount of money you would obtain by the end of the second month. Do you see that the future money inputs are given with relation to the previous ones? Then we can do the following, for n>1 (notice the x is the end of the formula, it's the deposit of money in the end of the month, I'm assuming it'll pass through the compound interest only in the first week of the next month):  And then write:  There is something in mathematics called recurrence relation in which we can use these two formulas to produce a simplified one for arbitrary b and n. Doing it by hand would be a bit complicated, but fortunately CASes are able to do it easily. I used Wolfram Mathematica commands: And it gave me the following formula:  All the work you actually have to do is to figure out what will be f(0) and then write the f(n) for n>0 in terms of f(n-1). Notice that I used the command FullSimplify in my code, Mathematica comes with algorithms for simplyfing formulas so if it didn't find something simpler, you probably won't find it by yourself! If the code looks ugly, it's because of Mathematica clipboard formatting, in the software, it looks like this:  Notice that I wrote the entire formula for f(0), but as it's also a recurrence relation, it can be written as:  That is: f(0)=g(4). This should give you much simpler formulas to apply in this method."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-09-27/climate-shocks-may-cost-u-s-1-billion-a-day-as-planet-heats-up) reduced by 75%. (I'm a bot) ***** &gt; Stronger hurricanes, hotter heat waves, more frequent wildfires and more severe public-health issues are all adding to the costs of climate change, which will reach almost $1 billion a day in the U.S. within a decade, according to a report released Wednesday.  &gt; Total costs to address the impact of rising temperatures will swell 50 percent by 2027, to $360 billion annually, according to the study from the Universal Ecological Fund.  &gt; If global warming goes unchecked, corn and soybean production may fall as much as 30 percent in the next three decades, costing farmers as much as $25 billion annually, according to the study.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73888a/climate_shocks_may_cost_us_1_billion_a_day_by_2027/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~218914 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*: **economic**^#1 **study**^#2 **billion**^#3 **U.S.**^#4 **change**^#5\""}
{"text": " Creating cabinets, shelves as well as other kinds of furniture through wood working skills is called cabinetry.Cabinets can be of face frame construction or as frameless construction (which is popularly called as euro style or European style).Usually, the cabinets have one or more than one compartments."}
{"text": " I don't know what you're talking about. If anything bankruptcy has become more creditor friendly over the years, which is only logical because business debtors don't really lobby for friendlier bankruptcy rules when they're not planning on being bankrupt. The only difference is that debt is more readily available and a bigger part of doing business today, so you'll naturally see more reorganizations."}
{"text": " I am a junior analyst at a fund of funds. I spend most of my time working on streamlining our process by helping one of the senior analysts create new models to replace our spreadsheets. I work during the summer since I am a student. The rest of my time in the office I simply research managers that we are looking into for the PM's and senior analysts. You definitely want good excel skills as an analyst. Coding is also a good skill to have depending on what sort of role you play."}
{"text": " Now, keep in mind I'm biased because I'm an engineer at this company, but FutureAdvisor.com provides advice on your savings and investments.  We currently help users optimize their portfolios for retirement savings, but plan on rolling our more savings goals in the future."}
{"text": " Do you agree that few incorrect words or actions from Trump, and the whole economy can get sour?  Do you agree that few correct words and actions from Trump, in his 6 month of presidency, and the business and people build confidence and hire more?  Why do you think the stock market reach new height so much under Trump?"}
{"text": " \"Aside from employer 401(k) matches (which may double your money immediately), paying off debts is almost always the best place to start. Paying off a debt early is a zero-risk operation and will earn you N% (where N is your interest rate). Is that a good deal for a zero-risk return? The closest equivalent today (Aug 24, 2012) is that you can earn about 2.68% on 10-year Treasury bonds. Unless you have a really, really good interest rate (or the interest is tax-deductible), paying off your loan will offer an excellent risk-adjusted return, so you should do that. The \"\"really good\"\" interest rate is typically a mortgage or student loans. (Mortgage interest is also tax-deductible, at least for now.) In those cases, you're not going to gain nearly as much by paying the loan early, and the loan is large - larger than the amount you want to have in risk-free investments. You want to invest for returns, as well! So you can save for retirement instead (in a 401(k) or similar account) and take on a little risk.\""}
{"text": " The buyer discloses the financing arrangements to the seller because it makes his offer more attractive. When a seller receives and accepts an offer, the deal does not usually close until 30 to 60 days later.  If the buyer cannot come up with the money by closing, the deal falls apart.  This is a risk for the seller. When a seller is considering whether or not to accept an offer, it is helpful to know the likelihood that the buyer can actually obtain the amount of cash in the offer by the closing date.  If the buyer can't acquire the funding, the offer isn't worth the paper it is printed on. The amount of the down payment vs. the amount of financing is also relevant to the seller.  Let me give you a real-world example that happened to me once when I was selling a house.  The buyer was doing a no-money-down mortgage and had no money for a down payment.  He was even borrowing the closing costs.  We accepted the offer, but when the bank did the appraisal, it was short of the purchase price.  For most home sales, this would not be a problem, as long as the appraisal was more than the amount borrowed.  But in this case, because the amount borrowed was more than the appraisal, the bank had a problem.  The deal was at risk, and in order to continue either the buyer had to find some money somewhere (which he couldn't), or we had to lower the price to save the deal.  Certainly, accepting the offer from a buyer with no cash to bring to the table was a risk. (In our case, we got lucky. We found some errors that were made in the appraisal, and got it redone.)"}
{"text": " There are multiple reasons why this may have happened: 1.) I couldn't tell in your question whether or not you had already paid off the loan before requesting the rollover. But if the loan was defaulted - then the $9k left in your account is not distributable, but is there to pay back the remaining balance on your loan. The $9k will be treated as income, and will be taxed - you will receive  a 1099-R detailing the taxes you'll owe. I don't know why this wasn't done when they did your rollover distribution. Typically it all happens at the same time - but it can vary depending on the administrator. 2.) Do you get some type of safe harbor discretionary match, or profit sharing contribution? If so - perhaps this contribution was made after your account was liquidated. So now there is residual money in your account and it is treated as a new distribution, which incurs a new $60 distribution fee. 3.) Stock - if some of your investments were in stock - these take a few extra days to liquidate. Typically a TPA/Recordkeeper would wait until ALL of the funds are liquidated before issuing the rollover. But some companies may be shady and do it separately - incurring an additional $60 distribution fee. If this was the case - I would go to your former employer's HR and tell them whats happening and to start looking for a new 401(k) administrator! I hope this helps :-) Good luck!"}
{"text": " Sign Up to Just Been Paid for FREE INFORMATION to get started to make money daily with JSS Tripler.    You can get no obligation free information to evaluate JSS Tripler further and find out why, many others like YOU who has been searching to make money online has found out how to make passive daily income with no sponsoring required in JSS Tripler.  You can sign up free and seconds away from receiving information to help you get started and making money!  I want to personaly thank you for taking the time to read my bonus offer. You'll see in a moment that it is truly the Best Bonus Ever offered for the Just Been Paid Reviews Program. And I do mean ever.  Let's get one thing clear from the begining. There's only one reason I'm promoting  Just Been Paid Reviews Program : It Really Is That Good!        And if you can't see the true power of this program than you're better off without it. Seriously.     Just Been Paid Reviews Program has  everything you need to start earning money online from the first week of aplying the techniques taught inside.     That's why I want to be clear on this: Just Been Paid Reviews Program  is by far the best package I've seen so far this entire year.      And such a great product simply deserves a great bonus package. Period. And here's where I step in.     But before I present to you my truly amazing bonus package for the Just Been Paid Reviews Program  course I want to ask you something.    And by God this is serious. Where do you consider yourself to be in this very moment?      I mean... are you really happy with your current state of your financial situation? Seriously. This is not a trick question and you don't have to be ashamed to answer. There's no one here beside you and me. And you're the only one that can answer that question. Because you see...you're the only one that can change something in your life for the better."}
{"text": " \"Since the deduction balances out the future tax (presumably), I am   only paying tax on the gains, however over 20 years, those gains could   be greater than the original $4000 itself. (Doubling would only take   3.6% annual return over 20 years ) If I put it into a Roth IRA, I don't get a tax deduction, but I get to   withdraw the original $4000 and all the gains, tax free in about 20   years. It seems the Roth IRA is a better deal tax wise, but I would like to   hear if I am missing something. You are missing the time value of money. $4000 now does not have the same value to you as $4000 years in the future. In fact, the $4000 now has the same value as the money it grows into (principal + earnings) in the future. So a certain percentage of tax on the $4000 now has the same effect to you as the same percentage of tax on the $4000 + earnings in the future, no matter how much \"\"earnings\"\" is. It's simple math. If you start with the same amount of pre-tax money, and have the same flat percentage tax rate, then both Traditional and Roth will leave you with the same amount of money, regardless of how many times the gains are. Try it for yourself.\""}
{"text": " Not-very-serious companies always try to reduce your pretended salary. This also happens in Argentina. My advice is to look for another opportunity because you have to take into account that if you join the company this will happen again; for example, in the future, they may lowball you on raises."}
{"text": " \"http://www.hmrc.gov.uk/customs/tax-and-duty.htm#3 explains the Import VAT situation quite well.  As for who enforces and collects it, if you're talking about buying online and having it shipped to you then you'll notice on the parcel a Customs sticker declaring the contents and value. It is the responsibility of the courier company to collect any duty due from you and pass it on to HMRC.  In practice what this means is that you receive a card or note from the courier saying \"\"we're impounding your package until you pay the import duty\"\" and they usually charge a fee on top of the duty itself.  Of course you can always go out there yourself and bring something back, but then it is your responsibility to declare it at the customs checkpoint when you enter the country.\""}
{"text": " It's amazing that there is this assumption that Government does not contribute to a nation's economy. In the US, so many radical right wingers want to remove government taxation and spending entirely because they honestly believe that it has zero effect on the economy. These were the sort of people who were getting excited during the debt limit debate in the US a few years back.  As for me, I would love to see American politicians decide on principle to cut government spending by 75% (no medicare, no NASA, etc). The resulting economic and social collapse would kill off that ideology for a few generations at least."}
{"text": " \"The type of savings account your are referring to is an \"\"Instant Access\"\" account which offers little or no interest in savings. To solve your problem I would suggest opening a higher interest Current Account, there are several on the market which offer equivalent rates of interest as an Instant Access account but still allow access via a debit card. Usually there are requirements for a regular salary transfer into the account or a minimum balance to qualify for interest. Banks that are well know for offering high interest Current Accounts include Nationwide, Santander, TSB and most of the build societies.\""}
{"text": " Depends on the insurance company itself, as well as the costs of treatments. Imagine an ideal scenario where costs of treatments stayed the same, and that all insurance plans were segregated and pulled from the same pool of funds to pay for treatments. Then employer subsidized health insurance plans would be unaffected by the drama in the ACA plans. Those are the factors to consider, from my understanding. But I wouldn't be surprised if the burdens of accepting people that would previously never have been serviced by these companies has greatly distorted the market as a whole."}
{"text": " \"https://www.fool.com/investing/general/2013/07/30/2-types-of-risk-2-types-of-bubbles.aspx (mirror): The Wall Street Journal reviews: What Mr. Bernstein calls \"\"shallow risk\"\" is a temporary drop in an asset's market price; decades ago, the great investment analyst Benjamin Graham referred to such an interim decline as \"\"quotational loss.\"\" \"\"Deep risk,\"\" on the other hand, is an irretrievable real loss of capital, meaning that after inflation you won't recover for decades -- if ever. So quotational loss = loss not explained by change of actual value of a firm.\""}
{"text": " You could get a Multi-Currency Cash Passport which has no transaction fees for deposits or withdrawals. (You can pick one up at Australia Post.)  This allows you to load it with money now in US dollars. The exchange rate is locked in at the time you load it to the card. When you're in the USA, just use that card or get the cash out from an ATM so you can deposit it into a US bank. To see the exchange rate they charge, you can scroll to the very bottom of their Fees and Limits page at there's a nice little table you can compare with. Otherwise, they've got a calculator tool."}
{"text": " That kinda sucks. I just figured out that Kmart has cashback coupons for video games that they don't advertise on new releases if you sign up for their rewards card.  I got $30 cashback for Arkham City which I used for Skyrim at 30 bucks back that I used on Ocarina of time that gave me $15 for Marioland 3D which gave me $15 for Mariokart 7 and I am currently sitting on another $15 from that...   They work like store credit only for games.. but hell...   The problem is that they often times don't advertise them so it seems hit or miss, but since I started getting games there at release, I have yet to miss."}
{"text": " \"As an exercise, I want to give this a shot.  I'm not involved in a firm that cares about liquidity so all this stuff is outside my purview.  As I understand it, it goes something like this: buy side fund puts an order to the market as a whole (all or most possibly exchanges).  HFTs see that order hit the first exchange but have connectivity to exchanges further down the pipe that is faster than the buy side fund.  They immediately send their own order in, which reaches exchanges and executes before the buy side fund's order can.  They immediately put up an ask, and buy side fund's order hits that ask and is filled (I guess I'm assuming the order was a market order from the beginning).  This is in effect the HFT front running the buy side fund.    Is this accurate?  Even if true, whether I have a genuine issue with this... I'm not sure.  Has anyone on the \"\"pro-HFT\"\" side written a solid rebuttal to Lewis and Katsuyama that has solid research behind it?\""}
{"text": " &gt; Food to your door is a problem nobody is asking to solve.  Huh?  I'm chomping at the bit waiting for amazon fresh to come to my area... prices are actually pretty competitive and i'd gladly pay $15 a month to avoid the grocery store 4-6 times a month.  Not sure why you think there isn't a demand for it."}
{"text": " As a 22 year old planning for your financial life, it is obvious to say that saving as much as you can to invest for the long run is the smartest thing to do from a financial point of view.  In general, at this point, aged 22, you can take as much risk as you'll ever will. You're investing for the very long term (+30/+40 years). The downside of risk, the level of uncertainty on returns (positive or negative), is most significant on the short term (<5years). While the upside of risk, assuming you can expect higher returns the more risk you take, are most significant on the long term.  In short: for you're financial life, it's smart to save as much as you can and invest these savings with a lot of risk.  So, what is smart to invest in? The most important rule is to keep your investment costs as low as possible. Risk and returns are strongly related, however investment costs lower the returns, while you keep the risk. Be aware of the investment industry marketing fancy investment products. Most of them leave you with higher costs and lower returns. Research strongly suggests that an lowcost etf portfolio is our best choice. Personally, i disregard this new smart beta hype as a marketing effort from the financial industry. They charge more investment costs (that's a certain) and promise better returns because they are geniuses (hmmm...). No thanks. As suggested in other comments, I would go for an low cost (you shouldn't pay more than 0.2% per year) etf portfolio with a global diversification, with at least 90% in stocks. Actually that is what I've been doing for three years now (I'm 27 years old)."}
{"text": " I have 1.5 years intern experience as a risk analyst doing programming work. Im a math major with a cs minor who can program fluently. I also understand basic finance terms and macro and micro economics. I applied to like 40 internships and got denied on all of them.   Sitting here wondering how the fuck I get beat out by a cashier."}
{"text": " Have a great lawyer and a fuck ton of money   Not only are financial regulations on online payment processors quite complex, each state and the federal gov have required licenses which cost in total around $5 million upfront and $1-2 million annually."}
{"text": " This right here is the mindset of the Democrat party (and why I will never vote for one until it changes).  It's class warfare.  Somehow people that have less money are worth more than people with money (even if they earned it through hard work).    I guess it pays to be a lazy asshole that leeches off the system."}
{"text": " If you are an UK citizen and resident, then no. If you are an EU resident or non-EU resident then yes, but there are conditions. Source You can sometimes get VAT refunds on goods bought in the UK if you: You can\u2019t get a VAT refund for: As bringing a laptop PCSpecialist is an online sale(I bought my desktop from them), I don't think you can claim VAT."}
{"text": " If you are confused by how to choose a blogging platform, Silvrback can help you find the right one. With so many options to choose from it is natural to be a little confused.  With the right guidelines and criteria you can easily choose the right platform from a plethora of options."}
{"text": " &gt;In the end it will be a mini-NES like console toy, to play the old Atari titles in a raspberry pi form factor.  Nothing but speculation.  I can see them doing an ARM console that plays their old games as well as mobile ones.  But it could also be something that competes with the XBox and PS."}
{"text": " You are wildly over-estimating your taxes.  First, remember that your business expenses reduce your gross income.  Second, remember that taxes are progressive, so your flat 35% only applies if you're already making a high salary that pushed you into the higher brackets of US and CA. I think the deeper problems are: 1) you are expecting a super early start-up (with no finished product) to pay you the same as a steady job, including health insurance, and 2) you are expecting Kickstarter to independently fund the venture. The best source of funding is yourself.  If you believe in this venture and in your game design abilities, then pay for most of the costs out of your own savings.  Cut your expenses to the extent you can. You may want to wander over to startups.SE to get more perspective and ideas on your business plan."}
{"text": " \"In the United States, many banks aim to receive $ 100 per year per account in fees and interest markup.  There are several ways that they can do this on a checking account.  These examples assume that there is a 3 % difference between low-interest-rate deposit accounts and low-interest rate loans. Or some combination of these markups that adds up to $ 100 / year.  For example:  A two dollar monthly fee = $ 24 / year, plus a $ 2,000 average balance at 0.05% = $ 29 / year, plus $ 250 / month in rewards debit card usage = $ 24 / year, plus $ 2 / month in ATM fees = $ 24 / year. Before it was taken over by Chase Manhattan in 2008, Washington Mutual had a business strategy of offering \"\"free\"\" checking with no monthly fees, no annual fees, and no charges (by Washington Mutual) for using ATMs.  The catch was that the overdraft fees were not free.  If the customers averaged 3 overdraft fees per year at $ 34 each, Washington Mutual reached its markup target for the accounts.\""}
{"text": " \"Some benefits of having a business checking account (versus a personal checking account) are: The first 3 should be pretty easy to determine if they are important to you. #4 is a little more abstract, though I see you have an LLC taxed as a sole proprietorship, and so I'm guessing protecting your personal assets may have been one of the driving reasons you formed the LLC in the first place. If so, \"\"following through\"\" with the business account is advised.\""}
{"text": " A 401K (pre-tax or Roth) account or an IRA (Deductible or Roth) account is a retirement account. Which means you delay paying taxes now on your deposits, or you avoid paying taxes on your earnings later.  But a retirement account doesn't  perform any different than any other account year-to-year. Being a retirement account doesn't  dictate a type of investment. You can invest in a certificate of deposit that is guaranteed to make x% this year; or you can invest in stocks, bonds, mutual funds that infest in stocks or bonds. Those stocks and bonds can be growth focused, or income focused; they can be from large companies or small companies; US companies or international companies. Or whatever mix you want. The graph in your question shows that if you invest early in your adulthood, and keep investing, and you make the average return you should make more money than starting later. But a couple of notes:  So to your exact questions: An S&P 500 investment should perform exactly the same this year if it is in a 401K, IRA, or taxable account With a few exceptions:  Yes any investment can lose money. The last 6 months have been volatile and the last month and a half especially so. A retirement account isn't any different. An investment in mutual fund X in a retirement account is just as depressed a one in the same fund but from a taxable account."}
{"text": " \"Legally: gods know. I would strongly recommend asking the Law asre of Stack Exchange to advise on that. Practically: What's the worst that happens? They audit, you say \"\"Yeah, I could probably have claimed these deductions but I didn't want to; is that a problem?\"\", they decide and either nothing happens or they issue you the unwanted refunnd. They aren't going to fine you for overpaying. Unless this would expose something criminal -- or you're a public figure and it would be embarassing -- this strikes me as falling firmly within the bounds of \"\"no harm, no foul\"\".\""}
{"text": " \"The stock market is not a zero-sum game.  Some parts are (forex, some option trading), but plain old stock trading is not zero sum. That is to say, if you were to invest \"\"at random\"\", you would on average make money.  That's because the market as a whole makes money - it goes up over time (6-10% annually, averaged over time).  That's because you're not just gambling when you buy a stock; you're actually contributing money to a company (directly or indirectly), which it uses to fund activities that (on average) make money.  When you buy Caterpillar stock, you're indirectly funding Caterpillar building tractors, which they then sell for a profit, and thus your stock appreciates in value.  While not every company makes a profit, and thus not every stock appreciates in true value, the average one does. To some extent, buying index funds is pretty close to \"\"investing at random\"\".  It has a far lower risk quotient, of course, since you're not buying a few stocks at random but instead are buying all stocks in an index; but buying stocks from the S&P 500 at random would on average give the same return as VOO (with way more volatility). So for one, you definitely could do worse than 50/50; if you simply sold the market short (sold random stocks short), you would lose money over time on average, above and beyond the transaction cost, since the market will go up over time on average. Secondly, there is the consideration of limited and unlimited gains or losses. Some trades, specifically some option trades, have limited potential gains, and unlimited potential losses. Take for example, a simple call option.  If you sell a naked call option - meaning you sell a call option but don't own the stock - for $100, at a strike price of $20, for 100 shares, you make money as long as the price of that stock is under $21.  You have a potential to make $100, because that's what you sold it for; if the price is under $20, it's not exercised, and you just get that $100, free.   But, on the other hand, if the stock goes up, you could potentially be out any amount of money.  If the stock trades at $24, you're out $400-100 = $300, right?  (Plus transaction costs.)   But what if it trades at $60?  Or $100?  Or $10000?  You're still out 100 * that amount, so in the latter case, $1 million.  It's not likely to trade at that point, but it could. If you were to trade \"\"at random\"\", you'd probably run into one of those types of situations.  That's because there are lots of potential trades out there that nobody expects anyone to take - but that doesn't mean that people wouldn't be happy to take your money if you offered it to them.   That's the reason your 16.66 vs 83.33 argument is faulty:  you're absolutely right that if there were a consistently losing line, that the consistently winning line would exist, but that requires someone that is willing to take the losing line.  Trades require two actors, one on each side; if you're willing to be the patsy, there's always someone happy to take advantage of you, but you might not get a patsy.\""}
{"text": " Yea, like others are saying -- it's legitimate.  Just insurance.  In fact, as far as derivatives go -- weather futures are probably one of the least crazy.  FYI, all derivative and exotic securities are legitimate -- just a matter of price.  CDS? Fine.  CDOs? Yep.  Even the CDO^2 -- They're all fine as long as the price is set right.  A truly efficient market would shun some of these as they are too hard to untangle and understand what the real risks are.  However, we don't have a truly efficient market (nor a particularly free one -- but that's another discussion)."}
{"text": " This point stands. It's an accurate description.   However, for clarity, they're not skimming money off your order in the traditional sense. They see your order, beat you to the punch, and place their own. They then sell it back to you at a higher price. Think brute force for the stock market."}
{"text": " Aside from cost, the real problem is lack of jobs after obtaining a degree. My degree got me low paid work. In the mid 1990's I considered getting another degree but none of the colleges I spoke to could tell me how many of their graduates got jobs related to their degree or what the jobs paid. I already had one worthless degree and couldn't see going into debt for another worthless degree."}
{"text": " Unless Obama becomes dictator, he can't.  I am not a big Obama fan but the guy is not the man who had a congress that stamped everything for his approval (which Bush had, he pretty much declared war, passed bills with a republican congress).    Obama can't really even cut spending on defense or even give tax cuts with the current congress and senate.  He tried shutting down Gitmo but congress wouldn't fund the shutdown.  Alot of the agencies are missing appointments because senate will filibuster anything they can."}
{"text": " Except in the EU where you can in fact sell your software licence on.   This case is interesting for us here in Europe as we already have legal precedent that this transaction is allowed, although not specifically about digital media.  What I am not as clear about is if they lose the case in US can they trade here still?"}
{"text": " I'm in MIS with a comajor in International Business at a top 10 school for Business. I am thinking about adding Accounting as a double major. It all depends on what you want to do with your future and where you want to go. I wouldn't personally do Finance unless you're at a top recruiting school. Accounting is by far the most stable though, you will always find a job. It is regarded as the language of Business"}
{"text": " I'm not aware of any digital cable boxes that you can just buy, call the cable company and give them the MAC address and it will work, like with a cable modem. But any cable box that supports CableCard will probably work with Comcast. You still have to rent the cable card, which is generally several dollars a month."}
{"text": " for full disclosure I'm an Independent Contractor and work with Jeff Richman. @ Neil:  Question 1: How legitimate is this?  If you were never contacted by the company you would never know about the money. Period, end of story. Not trying to be rude but that is the bottom line truth. Look up asset recovery businesses. They are in every city almost. They work for individuals, governments and businesses. Very legitimate business. Question 2: Since this doesn't seem to be the case, how does this company know that I potentially have unclaimed assets to claim?  I understand your concern and the best analogy I can think of to explain this is:  A company's copier breaks down. A copy machine repair man is called. He shows up and opens the copier and studies it intensely and closes it back up. He takes a hammer out of his bag and hits the copier on the side in two different places, twice. The copier starts working. He charges the company owner a $1000.00. The company owner is glad to pay it because without the knowledge of the repair man, his business is not making money. This is the same: The professionals at Keane have specific knowledge about how to, where to and who to ask for these lists. Granted, it's not your business we're talking about here but without them, you get nothing.  2 professionals have advised you to move forward; your brother's accountant and lawyer. Take the money. It costs you nothing. If they want money from you up front or want you to pay for stuff, run."}
{"text": " I'm in full agreement and came here to say just that. I felt like such a presentation is meant to cater to an ADD generation or some such. I'd rather two or three subsections each with a continuous flow of the story. As is, the all-encompassing story was tough to follow and unnecessarily chopped up."}
{"text": " Stock Keeping Unit. An inventory item. In this case, an item on the menu. The commentor is saying that they have too many different dishes available. No one can be great at all things. When you have a lot of different dishes, one of two things have to happen: either you have a larger kitchen staff to handle the greater variety or the quality of your overall food declines. Applebees has chosen the second option."}
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{"text": " This is assuming that you are now making some amount X per month which is more than the income you used to have as a student. (Otherwise, the question seems rather moot.) All figures should be net amounts (after taxes). First, figure out what the difference in your cost of living is. That is, housing, electricity, utilities, the basics that you need to have to have a place in which to live. I'm not considering food costs here unless they were subsidized while you were studying. Basically, you want to figure out how much you now have to spend extra per month for basic sustenance. Then, figure out how much more you are now making, compared to when you were a student. Subtract the sustenance extra from this to get your net pay increase. After that is when it gets trickier. Basically, you want to set aside or invest as much of the pay increase as possible, but you probably have other expenses now that you didn't before and which you cannot really do that much about. This mights be particular types of clothes, commute fares (car keepup, gas, bus pass, ...), or something entirely different. Anyway, decide on a savings goal, as a percentage of your net pay increase compared to when you were a student. This might be 5%, 10% or (if you are really ambitious) 50% or more. Whichever number you pick, make sure it's reasonable giving your living expenses, and keep in mind that anything is better than nothing. Find a financial institution that offers a high-interest savings account, preferably one with free withdrawals, and sign up for one. Each and every time you get paid, figure out how much to save based on the percentage you determined (if your regular case is that you get the same payment each time, you can simply set up an automated bank transfer), put that in the savings account and, for the moment, forget about that money. Try your best to live only on the remainder, but if you realize that you set aside too much, don't be afraid to tap into the savings account. Adjust your future deposits accordingly and try to find a good balance. At the end of each month, deposit whatever remains in your regular account into your savings account, and if that is a sizable amount of money, consider raising your savings goal a little. The ultimate goal should be that you don't need to tap into your savings except for truly exceptional situations, but still keep enough money outside of the savings account to cater to some of your wants. Yes, bank interest rates these days are often pretty dismal, and you will probably be lucky to find a savings account that (especially after taxes) will even keep up with inflation. But to start with, what you should be focusing on is not to make money in terms of real value appreciation, but simply figuring out how much money you really need to sustain a working life for yourself and then walking that walk. Eventually (this may take anywhere from a couple of months to a year or more), you should have settled pretty well on an amount that you feel comfortable with setting aside each month and just letting be. By that time, you should have a decently sized nest egg already, which will help you get over rough spots, and can start thinking about other forms of investing some of what you are setting aside. Whenever you get a net pay raise of any kind (gross pay raise, lower taxes, bonus, whichever), increase your savings goal by a portion of that raise. Maybe give yourself 60% of the raise and bank the remaining 40%. That way, you are (hopefully!) always increasing the amount of money that you are setting aside, while also reaping some benefits right away. One major upside of this approach is that, if you lose your job, not only will you have that nest egg, you will also be used to living on less. So you will have more money in the bank and less monthly expenses, which puts you in a significantly better position than if you had only one of those, let alone neither."}
{"text": " The biggest issue with personal bankruptcy is that your credit rating determines a lot more than whether someone will lend you money. In particular, someone with bad credit will find it *extremely* difficult to rent a house or apartment, something that will be of utmost importance if you've just turned in your home as collateral."}
{"text": " \"Getting a mortgage for the interest write-off is like buying packs of baseball cards for the gum. That said, I'd refer you to The correct order of investing as much of that question really overlaps with this. This question boils down to priorities, the best use of the funds. There are those who suggest that a mortgage brings risk. Of course it does, just not for the borrower, the risk is borne by the lender. Risk comes from lack of liquidity. Say your girlfriend buys the house with cash, and leaves little reserve. She loses her job, and it's great that she has no mortgage. But she does have every other cost life brings, including a tax bill that can turn into a house getting foreclosed on. The details that you didn't disclose are those needed to look at the rest of the \"\"priorities\"\" list. A fully funded 401(k) with appropriate balance, and no other debt? And a 1 year emergency fund? I wouldn't argue against buying the house with cash. No real savings and passing on the 401(k) matched deposit? I'd think carefully about the longterm impact of the cash purchase.\""}
{"text": " Can I transfer funds from India to USA which I have borrowed in India. Funds borrowed in India may not be transferred outside of India as per Foreign Exchange Management Act. Loans in rupees to non-residents against security of shares or   immovable property in India:-   Subject to the directions issued by   the Reserve Bank from time to time in this regard, an authorised   dealer in India may grant loan to a non-resident Indian, e) the loan amount shall not be remitted outside India;"}
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{"text": " These places are being ruined by places like Smash Burger, Chipotle, and Blaze Pizza. Let's not even talk about the food, the service usually sucks and why should we sit down and have to tip someone for that service?   Now let's talk about food, I don't see much of a difference in quality between fast-casual and comparable items at restaurants like Applebee's, Friday's, Buffalo Wild Wings, and Chilli's. You can also argue that perhaps Wendy's or McDonald's has improved it's quality enough to be considered close in quality.   Obviously you're not going to get a steak at a fast-casual place or McDonald's but why would select Applebee's if you are longing for a steak?"}
{"text": " Women entered the work force en mass. And, with twice as many potential employees the cost of labor decreased. That is, of course, the non-PC version and it began earlier than the 80s but it's essentially correct--labor like any other commodity increases in value relative to its scarcity.   If all the women (or all the men, or all of any sizeable group) left the labor market the price of labor would begin to increase as companies bid up the price they were willing to pay for each employee. With today's level of globalization this becomes a much more complicated equation--do local wages rise or do jobs migrate to abundant (and cheap) labor? But, it's the same idea."}
{"text": " I don't know of any and it is unlikely that you will be able to find one.  Most credit card processors charge a flat fee plus percentage.  The flat fee is typically in the 35 cent range making the cost of doing business, in the manner you are suggesting, astronomical.   Also what you are suggesting is contrary to best practices as hosting services, and many other industries, offer deep discounts when making a single payment for an extended period of time. This is not very helpful, but I think it is unrealistic to find what you are suggesting."}
{"text": " To me it looks pretty good (10% per year is a pretty good return). Lagging behind the indexes is normal, it is hard to beat the indexes over a long period of time, the longer the period - the lesser the chances to succeed. However, half a year is a relatively short period of time, and you should check your investments a little bit deeper. I'm assuming you're not invested in one thing, so you should check per investment, how it is performing. If you have funds - check each fund against the relevant index for that fund, if you have stocks - check against the relevant industry indexes, etc. Also, check the fees you pay to each fund and the plan, they come out of your pocket, lowering the return."}
{"text": " Size note- last I looked self insuring a fleet is insanely capital intensive as you basically have to put enough aside to cover most instances of risk. It's possible for some companies, but others will need alternatives as it's just too much upfront cash."}
{"text": " I was joking. Clearly. But in a world where 100000 jobs did go away the economy would be fucked. How many people depend on the spending of 1000000 people? Just theoretically.  Also bankers account for a tiny proportion of the kinds of people employed in banks."}
{"text": " \"Queuing for service also occurs in the US... except that position in the queue is determined by wealth (i.e. US care is rationed based on the amount of money in your pocket). Essentially in the US the poor have been kicked out of the line, which on first blush makes the line \"\"disappear\"\".  Queuing in Canada is based on medical need (those in the most dire need are treated first). Beyond that, the other choke point is available resources (eg. not enough orthopedic surgeons).\""}
{"text": " I'd be tempted to pay off the 35k in student loans immediately, but if you have to owe money, it's hard to beat zero percent. So I don't think I would pay it all off. Maybe cut it in half to make it a more comfortable payment. Currently, you are looking at $6K a year to pay them off, which is about 20% of your income. Cut that in half and you will sleep better! Definitely pay off the medical and credit cards. You're probably paying 20% on that. Clean it up. If you need a car, buy yourself a car. You have no savings, so I would put the rest in some kind of money market savings account. You are at an age where many people go through frequent changes. Maybe you get your own place, and you'll need to furnish it. Maybe you go back to school. Maybe you get married or have kids. Maybe you take a year off and backpack through Europe or Asia. You have a nice little windfall that puts you in a nice position to enjoy being young, so I would not lock it up into a 401k or other long term situation."}
{"text": " My mention of Lego being expensive is in my personal experience of sets as I grew up, where what were seemingly similar sets appeared to skyrocket in price over a matter of years.  Another point of reference for me is the fact that 'retro' collectors Lego is supposedly still of lesser value than modern sets, making it almost a reverse collector's item, if you're into that kind of vintage collectable unboxed lark."}
{"text": " \"It appears as others have said that companies are not required to state this on as any sort of Asset. I remembered a friend of mine is a lawyer specializing in Intellectual Property Rights so asked him and confirmed that there's no document companies are required to file which states all patent holdings as assets. There are two ways he suggested for finding out. Once you find a company you're interested in can search patents by company using one of the two following: US Patent Office website's advanced search: http://patft.uspto.gov/netahtml/PTO/search-adv.htm aanm/company for example entering into the textarea, \"\"aanm/google\"\" without the quotation marks will find patents by Google. The other is a Google Patent Search: http://www.google.com/patents/\""}
{"text": " I have a loaded Accord right now.  Model 3 is faster, safer (most likely given Tesla's track record, doesn't need gas, and (hopefully) cheaper and easier to maintain (no oil changes, etc).     It's also just a hair smaller than my Accord and sits more forward, which I really like. The Accord feels like a boat to me."}
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{"text": " Have you been to any cities recently? We're having a housing crisis in NYC because wealthy people are flocking here from all over the world driving up prices. Crime rates are hitting 50 year lows so often they don't even announce it anymore. You're describing the state of things 30 or more years ago."}
{"text": " Voorspellen in de zomer met een koelsysteem, dat is alleszins moeilijk om te werken en is ook erg sterk. Drink beschermd en koel water voor een gezond leven. U kunt de bronnen ook in staande vloermodellen of tegenstations installeren. Je moet de capaciteit hebben om het effectief te kunnen werken en het moet ook voldoende solide zijn."}
{"text": " I find it funny that I was downvoted and you were upvoted. The article about this today says that 230,000 jobs were expected, not 200,000. The unemployment rate went from 6.1% to 6.2%. So tell me again how this is good news?"}
{"text": " My experience is from travelling in Central Europe and Germany, so I've dealt with much smaller amounts of money, but the general principles are the same. Many Visa-brand ATM cards allow you to withdraw money from European ATMs for a 1% fee (plus any fees the bank may charge, my bank charged zero fee) in local currency.  Even if the bank charges a 2-3% fee, the combined max 4% fee is going to be a lot smaller than most currency exchange places will offer.  There are a lot of exchange offices that are built to scam tourists out of their money.  We had no choice but to use one that ended up taking around 10% of the exchanged money (luckily we were only exchanging a small amount of currency).  Call your bank and ask what their fees are, and if they are large, find a bank with small or zero fees and move your accounts there.  Be sure to notify your bank that you are going to be travelling for an extended time in a foreign country.  Literally any ATM (Geldautomat) accepted our card (thank you VISA).  We literally walked off the plane with some USD and no foreign currency, and were able to stop at an ATM right outside our hotel (the taxi had a card reader, as most in Munich did). If you have a source of income secured within the country (which I am hoping you do if you will be living there) you could live off of your income, and use your USD to pay off things like credit card bills.  Get a Travel Rewards Credit Card (or similar card that offers no foreign transaction fees or free currency transfers).  Use this card for anything and everything you can, and pay it with a transfer from your US bank account.  Under this method you'll probably have to convert some currency, but you can do so from an ATM easily enough."}
{"text": " \"1. You don't know what an ad hominem is and you should feel bad.   2. That comment is in response to someone calling me a trumptard. Can you even read?   3. I didn't vote for Trump.   4. I still didn't vote for Trump.   5. You're laughably uneducated about claims and data.   6. Data has to actually support the claim you're making.   7. You have to prove that polls are the way they are for the reasons you say they are.   8. They made claims without data.   9. Those claims are still unsupported.   10. The data they \"\"actually provided\"\" wasn't for the right country.   11. You could not draw a conclusion even if it was the right data.   12. It says a lot about you that you're more concerned about my opinion than the person calling people trumptards and telling them to shut the fuck up.\""}
{"text": " Given that the laws on consumer liability for unauthorized transactions mean no cost in most cases, the CVV is there to protect the merchant.  Typically a merchant will receive a lower cost from their bank to process the transaction with the CVV code versus without. As far as the Netflix case goes, (or any other recurring billing for that matter) they wouldn't care as much about it because Visa/MC/Amex regulations prohibit storage of the CVV.  So if they collect it then it's only used for the first transaction and renewals just use the rest of the card info (name, expiration date, address). Does the presence of CVV indicate the merchant has better security?  Maybe, maybe not.  It probably means they care about their costs and want to pay the bank as little as possible to process the transaction."}
{"text": " \"Banks are currently a lot less open to 'creative financing' than they were a few years ago, but you may still be able to take advantage of the tactic of splitting the loan into two parts, a smaller 'second mortgage' sometimes called a 'purchase money second' at a slightly higher interest rate for around 15-20% of the value, and the remaining in a conventional mortgage.  Since this tactic has been around for a long time, it's not quite in the category of the shenanegans they were pulling a few years back, so has a lot more potential to still be an option.  I did this in for my first house in '93 and again in '99 when I moved to a larger home after getting married.  It allowed me to get into both houses with less than 20% down and not pay PMI. This way neither loan is above 80% so you don't have to pay PMI.  The interest on the second loan will be higher, but usually only a few percent, and is thus usually a fraction of what you were paying for the PMI. (and it's deductible from your taxes) If you've been making your payments on time and have a good credit rating, then you might be able to find someone who would offer you such a deal.  You might even be able to get a rate for your primary that is down in the low 4's depending on where rates are today and what your credit rating is like.   If you can get the main loan low enough, even if the other is like say 7%, your blended rate may still be right around 5% If you can find a deal like this, it's also great material to use to negotiate with your current lender \"\"either help me get the PMI off this loan or I'm going to refinance.\"\"  Then you can compare what they will offer you with what you can get in a refinance and decide what makes the most sense for you.  On word of warning, when refinancing, do NOT get sucked into an adjustable rate mortgage.  If you are finding life 'tight' right now with house payments and all, the an ARM could be highly seductive since they often offer a very low initial rate.. however then invariably adjust upwards, and you could suddenly find yourself with a monster payment far larger than what you have now.  With low rates where they are, getting a conventional fixed rate loan (or loans in the case of the tactic being discussed here) is the way to go.\""}
{"text": " \"My answer is specific to the US because you mentioned the Federal Reserve, but a similar system is in place in most countries. Do interest rates increase based on what the market is doing, or do they solely increase based on what the Federal Reserve sets them at? There are actually two rates in question here; the Wikipedia article on the federal funds rate has a nice description that I'll summarize here. The interest rate that's usually referred to is the federal funds rate, and it's the rate at which banks can lend money to each other through the Federal Reserve. The nominal federal funds rate - this is a target set by the Board of Governors of the Federal Reserve at each meeting of the Federal Open Market Committee (FOMC). When you hear in the media that the Fed is changing interest rates, this is almost always what they're referring to. The actual federal funds rate - through the trading desk of the New York Federal Reserve, the FOMC conducts open market operations to enforce the federal funds rate, thus leading to the actual rate, which is the rate determined by market forces as a result of the Fed's operations. Open market operations involve buying and selling short-term securities in order to influence the rate. As an example, the current nominal federal funds rate is 0% (in economic parlance, this is known as the Zero Lower Bound (ZLB)), while the actual rate is approximately 25 basis points, or 0.25%. Why is it assumed that interest rates are going to increase when the Federal Reserve ends QE3? I don't understand why interest rates are going to increase. In the United States, quantitative easing is actually a little different from the usual open market operations the Fed conducts. Open market operations usually involve the buying and selling of short-term Treasury securities; in QE, however (especially the latest and ongoing round, QE3), the Fed has been purchasing longer-term Treasury securities and mortgage-backed securities (MBS). By purchasing MBS, the Fed is trying to reduce the overall risk of the commercial housing debt market. Furthermore, the demand created by these purchases drives up prices on the debt, which drives down interest rates in the commercial housing market. To clarify: the debt market I'm referring to is the market for mortgage-backed securities and other debt derivatives (CDO's, for instance). I'll use MBS as an example. The actual mortgages are sold to companies that securitize them by pooling them and issuing securities based on the value of the pool. This process may happen numerous times, since derivatives can be created based on the value of the MBS themselves, which in turn are based on housing debt. In other words, MBS aren't exactly the same thing as housing debt, but they're based on housing debt. It's these packaged securities the Fed is purchasing, not the mortgages themselves.  Once the Fed draws down QE3, however, this demand will probably decrease. As the Fed unloads its balance sheet over several years, and demand decreases throughout the market, prices will fall and interest rates in the commercial housing market will fall. Ideally, the Fed will wait until the economy is healthy enough to absorb the unloading of these securities.  Just to be clear, the interest rates that QE3 are targeting are different from the interest rates you usually hear about. It's possible for the Fed to unwind QE3, while still keeping the \"\"interest rate\"\", i.e. the federal funds rate, near zero. although this is considered unlikely. Also, the Fed can target long-term vs. short-term interest rates as well, which is once again slightly different from what I talked about above. This was the goal of the Operation Twist program in 2011 (and in the 1960's). Kirill Fuchs gave a great description of the program in this answer, but basically, the Fed purchased long-term securities and sold short-term securities, with the goal of twisting the yield curve to lower long-term interest rates relative to short-term rates. The goal is to encourage people and businesses to take on long-term debt, e.g. mortgages, capital investments, etc. My main question that I'm trying to understand is why interest rates are what they are. Is it more of an arbitrary number set by central banks or is it due to market activity? Hopefully I addressed much of this above, but I'll give a quick summary. There are many \"\"interest rates\"\" in numerous different financial markets. The rate most commonly talked about is the nominal federal funds rate that I mentioned above; although it's a target set by the Board of Governors, it's not arbitrary. There's a reason the Federal Reserve hires hundreds of research economists. No central bank arbitrarily sets the interest rate; it's determined as part of an effort to reach certain economic benchmarks for the foreseeable future, whatever those may be.  In the US, current Fed policy maintains that the federal funds rate should be approximately zero until the economy surpasses the unemployment and inflation benchmarks set forth by the Evans Rule (named after Charles Evans, the president of the Federal Reserve Bank of Chicago, who pushed for the rule). The effective federal funds rate, as well as other rates the Fed has targeted like interest rates on commercial housing debt, long-term rates on Treasury securities, etc. are market driven. The Fed may enter the market, but the same forces of supply and demand are still at work. Although the Fed's actions are controversial, the effects of their actions are still bound by market forces, so the policies and their effects are anything but arbitrary.\""}
{"text": " If someone invest certain amount on my company and after a year I am   able to return the exact capital with the profit, what will I do to   that investor?  Did the investor receive shares in the company for the money that was invested in the company? This is the big question here as if so then there isn't the need to return the money but rather grow the business so that the investor's shares are worth more. Will that person still invest in my company?  You may need to consider what you mean by invest as generally there are a couple of ways to finance a business: Equity - Ownership of the company is sold to raise money to run the company. Debt - The company is lent money that is to be repaid over time. Investing is usually the first case not the second. What if I have enough profit to continue my business, do I still need   that investor? You wouldn't need the investor. However, you may want that investor as they could provide more funds, connections or other benefits to the company that may be worth considering here."}
{"text": " &gt;I'm talking about the manufacturers profits and employees.  You only talked about manufactures not employees.  Tho what employees have anything to do here is beyond me.  &gt; Costco tends to use their consumers and distribution access to their advantage and often at the expense of manufacturers.  As they should.  But as I said, they are not Walmart.  Costco isn't going to push a supplier to make their product as cheap as possible because they know their customers don't want Walmart quality stuff.  This means they aren't going to push the supplier as nearly as badly as Walmart will.  &gt;A large producer like my employer have and will tell costco to go fuck themselves.  They do that and they lose any possible profits from Costco."}
{"text": " I'm assuming that when you sell the house you expect to be able to pay off these loans. In that case you need a loan that can be paid off in full without penalty, but has as low an interest rate as possible. My suggestions:"}
{"text": " \"It's all good.  The statement that someone has to move out of the way for someone else is a different discussion.  If you want to be hired as a CEO, the most likely path to get \"\"hired\"\" is an Ivy League education and very strong background in your own company.    http://www.bestcolleges.com/features/colleges-with-highest-number-fortune-500-ceo-graduates/  If that is not possible, the second choice is going to be being highly skilled in your field and working your way up.  That's going to take skill, networking, luck, and a very strong drive to not just be the best in your field, but the best in the industry for the job.  Tim Cook (AAPL) is a graduate of Duke and Auburn.  Jack Welch commanded GE with an education from UMass and the University of Illinois.  They both showed an intense passion for the companies they worked in.  The third choice is going to be starting your own company with your own passion and intelligence and backing that with other people who share your passion.  Take everything from column A, column B, and marry yourself to your passion and you find this list.  Reed Hastings, Micheal Dell, Steve Jobs (post Pixar was learning and failing spectacularly), Larry Ellison, Jean Paul Dejoria (guy has a really cool story about coming up.  http://www.forbes.com/sites/stevenbertoni/2013/10/28/business-tips-from-once-homeless-billionaire-john-paul-dejoria/), Sheldon Adelson (He made me over a million by bringing LVS back from 1.50 to 77.  I wish I'd bought more), Howard Shultz (Starbucks), The list goes on and on and on.  When it is time for them to exit, they pick from the first two examples to fill the position.  Smaller companies have several different exit strategies they can employ.  There is one thing you will find with every Fortune 500 and Fortune 50 company.  They don't do it for the money.  The money happens, but by the time you have established yourself as CEO, you have more than you will spend and you know it.  There will come a day that you realize you can buy a Bentley, but you may or may not want to.  It's just a car.  You can buy a double door glass sub zero, but you probably wont.  It's stuff and that's not what wakes you up in the morning.  I'm not saying money isn't important (it is and it's not.  Once you have the \"\"A ha! moment I am talking about, it becomes a way of keeping score).  But it's not the passion that drives some of these men to work until the day they die with a grin on their faces.  For the guys who think it's about money, ask yourself why CEOs get diagnosed with cancer and never stop working outside treatment.  Your first instinct may be to be with people you love or travel the world.  They are already around people they love and doing what the love every day.  An important ingredient to their happiness is a love of their product and the people they choose to directly manage.  If I'm not friends or close enough to trust a GM with my house keys, I wont keep him or her.  Scale that.    Of course you can find examples of CEOs who are assholes or ones like Schireson who have hit a point where they love their family more than their company and can't find balance.  I took the last 8 years off of business building because I simply wasn't in love with any of my businesses.  It wasn't until recently that I found that fire again (mainly from people in my own network wanting to find a new career path and having a surplus of talent I can leverage).  If you want to be a CEO, it's going to come from PASSION.    Good for Schireson.  This probably wont be the last we hear of him or the last company he runs.  It's a bug that bites you and a set of skills you develop.  If you don't have those skills you might as well just be a lobbyist or a lawyer.  I'm not tech though.  I would love to say I can speak from experience there, but that's simply not my passion.  Perhaps they are a different animal.  You have a few former CEOs and owners here that occasionally chime in.  The one takeaway from someone like Sheepman would boil down to this.  Do you have the kind of passion to match someone like Richard Branson?  Do you have business acumen to match?  If not, no one is \"\"holding your spot\"\".  If so, why do you want to follow someone's passion if it's not your own in an already crowded or well funded space?  If you do, you are already planning your next company anyway.  TL;DR Being a successful CEO is about passion and not money\""}
{"text": " No shit, Sherlock.  Let's see:  - Valuation down like 80% since last year...  - Massive competition from categorically better products with infinitely deep pockets (Android, iPhone)...  - Only customers are a rapidly-eroding base of legacy enterprise customers with aggressive cost/feature requirements and bulk-purchase negotiating power.   Sounds like a winner!"}
{"text": " &gt; I don't know how the middle class with survive without them.   They wouldn't. Which is why the unionization re-revolution won't happen here. It will start in China and move back to our shores. That, or we'll see the dirty commies unionizing and redouble our hatred for them, finally bringing serfdom-fiefdom back into fashion."}
{"text": " As a customer I have proof of this happening. I'm an IT manager and have major fluctuations in invoices (of over 60% price changes) that I've had to battle CenturyLink to correct the price. Is there somewhere I can share this with to help the case? Caused about 4 months worth of headaches due to CenturyLink and this would remedy that."}
{"text": " Giant, Trek, and Specialized have partner brick and mortar shops that are selling more than just their bikes. They're selling direct to consumer but the hope is that they are going into these shops and buying other cycling accessories that they manufacture i.e. helmets, shoes, cycling kits, etc.  I don't know much about Canyon but my guess is that they are mainly selling bikes and all the other stuff isn't a big component of their business."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.ericpetersautos.com/2017/06/27/whatever-happened-cng-powered-cars/) reduced by 86%. (I'm a bot) ***** &gt; Much cleaner than today&amp;#039;s already very clean-running cars - because of the clean-burning nature of CNG. They may even run cleaner, in the aggregate, than so-called &amp;quot;Zero emissions&amp;quot; electric cars - which may not emit emissions at their nonexistent tailpipes but the utility plants that burn oil and coal to produce the electricity that powers them most certainly do produce lots of emissions.  &gt; One must also take into account the emissions generated during the very labor intensive process of earth-rape necessary to manufacture electric cars and to obtain and process the raw materials used to make them and which are not needed to make CNG-powered cars.  &gt; Cars like the six-passenger/full-size Ford Crown Vic and Chevy Impala and - potentially - large SUVs and trucks, also with V8s. And at a reasonable price - less than the cost of a hybrid and far less than the cost of an electric car.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kzhbv/its_interesting_to_speculate_about_why_solutions/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~158055 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*: **car**^#1 **vehicle**^#2 **CNG**^#3 **electric**^#4 **CNG-powered**^#5\""}
{"text": " \"This is the best tl;dr I could make, [original](https://www.nakedcapitalism.com/2017/08/case-consumption-tax.html) reduced by 87%. (I'm a bot) ***** &gt; You often hear calls out there - mostly from Right economists but also from some on the Left - for a consumption tax in the U.S. As presented, it&amp;#039;s a super-simple idea: tally your income, subtract your saving, and what&amp;#039;s left is your consumption.  &gt; The tuition line raises a particularly vexing question, and brings us back to the second question: what economic effects would we see from a consumption tax, under various accounting and taxation rules? Clearly, if you tax tuition, you discourage education.  &gt; A consumption tax, compared to, say, a wealth tax or a land-value tax, is a direct assault on GDP and GDP growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6txd1l/the_case_against_a_consumption_tax/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191594 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*: **consumption**^#1 **Save**^#2 **tax**^#3 **account**^#4 **family**^#5\""}
{"text": " This edition of News Bites looks at an article by Bob Pozen and Theresa Hamacher, published by the Financial Analysts Journal in December, at a speech by Don Phillips of Morningstar given at the Business &amp; Wealth Management Forum held in October, and at McKinsey &amp; Company\u2019s most recent annual review of the asset management industry. All three discuss factors leading to success in the mutual fund industry."}
{"text": " It depends on your situation. For families with small amounts over the FDIC limit, there's account structures that let you get multiple coverages. Things like holding 100k in an account in joint with your wife, each of you holding 100k in individual accounts etc. For larger sums and institutions, there's CDARS. This system spreads your money out to multiple institutions with an eye to FDIC insurance limits. Some people feel this system is abusing FDIC, so I suppose it's possible it gets outlawed / shut down some day. Alternatively, you can just invest it yourself. Treasury Direct allows small buyers to buy US govt bonds at finished auction rates, or submit a qualified bid at auction. You won't get great rates, but Treasuries are about as good as dollars."}
{"text": " \"Because Google recently decided that they will not provide Maps for free to partners who use the data, and Apple was the largest Maps user.   Cutting the Apple created Maps app that used Google data and forcing Google to release their own app basically means Google goes from cashing checks from Apple to having to create and support an app all on their own dime.  Also, do you want to guess why Apple Maps w/ Google data didn't have features like Turn by Turn Navigation? If you guessed \"\"Google didn't allow Apple to have it\"\", you guess right.   Apple had to do it not only to try and reach feature parity, but to prevent themselves from having to pay their biggest competitor to use Maps data.\""}
{"text": " I suspect that the new VATMOSS rules come in to play here.  So you owe VAT for donations from EU countries,  providing you are below \u00a381k there would be no UK vat payable though, however then you couldn't recoup the vat you paid out.   Note I am not an accountant but I did speak to one this week about a similar issue."}
{"text": " Imagine that your normal mode of using credit gets you a score of X. As time goes by your score trends upward if the positive items (length of credit) outweigh your negative items. But there are no big increases or decrease in your score. Then you make a one time change to how you use credit. If this is a event that helps your score, there will be a increase in your score. If it is bad thing your score will drop. But if you go back to your standard method of operating your score will drift back to the previous range. Getting a car loan for a few months to get a bump in your credit score, will not sustain your score at the new level indefinitely. Overtime the impact will lessen, and the score will return your your normal range. Spending money on the loan just to buy a temporary higher credit score is throwing away money."}
{"text": " I'll say this right now.  There is absolutely no way he will go to prison for this.  As a former head of Goldman Sachs and a former governor, he's a very powerful man and has friends in politics and finance."}
{"text": " I'm a die-hard Tesla fan who doesn't yet own a model 3. I fully expect to pay at least $45 for the model 3 I would want. I'm not sure expectations have been tempered yet. How many people will be expecting all the bells and whistles for $35k minus the rebates? Even for just this next car release in a few weeks, their actual demand and production ability are volatile."}
{"text": " This could a sign of things to come. Wireless carriers have been gobbling up spectrum that can bring affordable wireless broadband to customers, and now Ford adds Pandora.   I think it's a good time to take profits from SIRI."}
{"text": " I'd use it to start paying for your master's degree. Each dollar you don't borrow for school returns 5.84% guaranteed. On the other hand, if you invest it in the  stock market and get an average return of 8.34% a year you would both have to pay capital gains taxes on that money and expose yourself to the risk of the stock market disappointing you."}
{"text": " \"This is the best tl;dr I could make, [original](http://www.taxresearch.org.uk/Blog/2017/07/17/the-world-does-not-have-a-debt-problem-it-has-a-wealth-inequality-problem-that-must-be-tackled-now/) reduced by 89%. (I'm a bot) ***** &gt; It&amp;#039;s commonplace to say that the world has a debt problem.  &gt; The result is simple: we remain in the economic doldrums at best; income growth remains poor, whilst the stock of world savings grows outrageously and governments, as the borrowers of last resort for the savings of the world&amp;#039;s wealthy, have to continue to run deficits which they say curtails their opportunity to take action to redress any of the economic issues arising.  &gt; What is to be done about it? The answer is that if the world is facing such an enormous glut of savings then they have to be taxed as fast as possible to prevent they imbalances they create.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o8ndo/the_world_does_not_have_a_debt_problem_it_has_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170541 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*: **save**^#1 **growth**^#2 **debt**^#3 **economy**^#4 **money**^#5\""}
{"text": " The city gathering endorsed new laws to criminal action amid March's spring break period, for example, no drinking on the shoreline and no liquor sold following 2 a.m., two hours sooner than before. Law in Panama City apparently called for stricter laws after various violations were submitted amid a year ago's spring break celebrations, including an affirmed group assault of an oblivious lady, shootings, and medication related occasions."}
{"text": " \u201cFor example,\u201d says the report, \u201c75-year solvency could be achieved by raising taxes or reducing benefits for new recipients by about one-fifth if we started today. However, if policy makers wait until 2034, payroll taxes would have to be increased by nearly one third and it would be impossible to achieve solvency solely from reducing benefits for new beneficiaries.\u201d    Social Security was enacted in 1935. Medicare was enacted in 1965. Life expectancy at those times was 61 and 70, respectively. Today, average life expectancy is 80.   Pushing the receipt age for these benefits makes the most sense and results in a two-fold savings, 1) benefits put into the system through additional payroll deduction and, 2) benefits are not taken out of the system."}
{"text": " Bush tax cuts and similarly. We no longer believe that the wealthy have to play by the rules. We perpetuate this notion because too many believe they too will be captains of great wealth.   The wealthy in turn have invested in emerging markets like china or commodities like gold. Basically its being horded by the wealthy and banks.   In a fixed money system like monopoly what happens? Someone wins and gets all the money. With inflation at least they are making more money so that eventually a huge withdrawl of cash from the system is healed. Because Monopoly was meant to be a cautionary tale of oligarchy."}
{"text": " It seems like their main problem is not hiring - clearly they've hired some bright technical people.  It just seems like the iPhone and Android came along and management refused to admit that the new platforms were going to compete with the Blackberry and its ecosystem."}
{"text": " It's very, very unlikely that you received a phone call at work with an incorrect birth date from an actual lending company that thinks it loaned you any money.  It's much more likely that you received a phone call at work from a collections agency that would have bought some loan from the aforementioned agency for pennies on the dollar.  They would have been hunting around trying to find someone with your name who was born thirteen years earlier.  It's even more likely that this is some sort of phishing scam.  If you're worried, you can check your credit rating, but it is likely that you can safely ignore the situation.  If they call back, ask for thorough details about the credit card.  If they're a real collections agency and for some reason they won't leave you alone, IIRC the most surefire course of action is to hire a lawyer to send them a cease-and-desist letter."}
{"text": " Well, I think the first negotiation tip would be not to advertise that all  you do is million dollar contracts.  If everyone knows that's what you're going to settle on, nobody is going to be willing to offer any more than that."}
{"text": " \"&gt; Sure, it's more than 5 minutes to charge up a car. But that's offset by spending NO time waiting for the other 90% of your daily driving. Just plug in when you get home, and you've got a full \"\"tank\"\" of electricity every morning.  We aren't talking about it being an issue when you are home. Not sure how you got that idea.  The issue I had with it is long distances.\""}
{"text": " On most exchanges, if you place a limit order to sell at 94.64, you will be executed before the market can trade at a higher price. However most stocks in the US trade across several exchanges and your broker won't place your limit order on all exchanges (otherwise you could be executed several times). The likeliest reason for wht happened to you is that your order was not on the market where those transactions were executed. Reviewing the ticks, there were only 8 transactions above your limit, all at 1:28:24, for a total 1,864 shares and all on the NYSE ARCA exchange. If your order was on a different exchange (NYSE for example) you would not have been executed. If your broker uses a smart routing system they would not have had time to route your order to ARCA in time for execution because the market traded lower straight after. Volume at each price on that day:"}
{"text": " No evidence of 'elite prep school' so far based on my google search. Princeton and Goldman Sachs take a ton of normal people (extremely hardworking and clever of course but it's not about coming from the right family). It's not Morgan Stanley"}
{"text": " Because a wire transfer requires the individual bank to bank process, it is usually more expensive than an automated clearing house, which requires minimal involvement by individuals at financial institutions. Many ACH transactions come with only a small fee, or even no fee at all, since they are run with more efficiency. However, if you want a better guarantee that your money will arrive on time, it might be worth it to pay the wire transfer fee. With both cases, it is possible for errors to be made. However, since you often get to review the information before it is sent with a wire transfer, the method is a little more secure. Also, because identities are verified with wire transfers that take place between bank accounts, there is less chance of fraud. Wire transfers that take place between financial institutions are generally considered quite secure. from http://www.depositaccounts.com/blog/difference-between-wire-transfer-and-ach.html"}
{"text": " \"First, don't use Yahoo's mangling of the XBRL data to do financial analysis.  Get it from the horse's mouth: http://www.sec.gov/edgar/searchedgar/companysearch.html Search for Facebook, select the latest 10-Q, and look at the income statement on pg. 6 (helpfully linked in the table of contents).  This is what humans do. When you do this, you see that Yahoo omitted FB's (admittedly trivial) interest expense.  I've seen much worse errors. If you're trying to scrape Yahoo... well do what you must.  You'll do better getting the XBRL data straight from EDGAR and mangling it yourself, but there's a learning curve, and if you're trying to compare lots of companies there's a problem of mapping everybody to a common chart of accounts. Second, assuming you're not using FCF as a valuation metric (which has got some problems)... you don't want to exclude interest expense from the calculation of free cash flow.  This becomes significant for heavily indebted firms. You might as well just start from net income and adjust from there... which, as it happens, is exactly the approach taken by the normal \"\"indirect\"\" form of the statement of cash flows.  That's what this statement is for.  Essentially you want to take cash flow from operations and subtract capital expenditures (from the cash flow from investments section).  It's not an encouraging sign that Yahoo's lines on the cash flow statement don't sum to the totals. As far as definitions go... working capital is not assets - liabilities, it is current assets - current liabilities.  Furthermore, you want to calculate changes in working capital, i.e. the difference in net current assets from the previous quarter.  What you're doing here is subtracting the company's accumulated equity capital from a single quarter's operating results, which is why you're getting an insane result that in no way resembles what appears in the statement of cash flows.  Also you seem to be using the numbers for the wrong quarter - 2014q4 instead of 2015q3. I can't figure out where you're getting your depreciation number from, but the statement of cash flows shows they booked $486M in depreciation for 2015q3; your number is high. FB doesn't have negative FCF.\""}
{"text": " Don't pay it, see a lawyer.  Given your comment, it will depend on the jurisdiction on the passing of the house and the presence of a will or lack thereof.  In some states all the assets will be inherited by your mom.  Debts cannot be inherited; however, assets can be made to stand for debts.  This is a tricky situation that is state dependent.   In the end, with few assets and large credit card debt, the credit card companies are often left without payment.  I would not pay the debt unless your lawyer specifically told you to do so.   Sorry for your loss."}
{"text": " &gt;So if some 3rd world country with 0 infrastructure offers a better tax environment, we should just join them in the race to the bottom?  US companies don't want to domicile in a 3rd world country. That's not who we compete with for corporate domiciling. We compete with other anglophone countries and some northern European countries with far lower tax rates.  &gt;but whatever is happening in the tax code that makes these inversions possible needs to be fixed.  That would be the high tax rate. Unless you want to make it illegal for an American company to buy another company or to sell itself. I expect we will hear that soon from some of the totalitarian leftists.  the NYTimes has the cyclical average effective corp tax rate for S&amp;P500 companies at 29%. That's pulled from CapIQ which pulls directly from SEC documents.  http://www.nytimes.com/interactive/2013/05/25/sunday-review/corporate-taxes.html  Citizens for Tax Justice is a hopelessly distorted propaganda outfit. The summary (let alone the org's name) should have alerted you that any findings are distorted bullshit.  These dumb fucks don't think stock compensation is an expense. They do not understand the economic reasoning behind accelerated depreciation. They are financially and economically retarded. On top of that they desire the full 35% corporate tax rate on all global income of US corporations without any deferments, by far the most punitive corporate tax treatment in the entire world."}
{"text": " \"My solution when I lived in Singapore was to open an account with HSBC, who at the time also had branches in the US. When I was home, I used the same debit card, and the bank only charged a nominal currency exchange fee (since it never had to leave their system, it was lower than had it left their system). Another option, though slightly more costly, is to use Paypal. A third option is to cash-out in CAD and convert to USD at a \"\"large\"\" institution - the larger your deposit/conversion balance, the better the rate you can get. To the best of my knowledge, this shouldn't be taxable - presuming you've paid the taxes on it to start with, and you've been filing your IRS returns every year you've been in Canada.\""}
{"text": " December, 2, 2011 (03:00pm) :-  Nifty Futures up by ( 1.57%) on the strong global crisis.  Steps look by USA, Chinese, &amp; European central banks are praised by every investors.  Bharat Petroleum up by (7.12%) on the strong crude oil cues in Nynex.  Nifty looks a strong support at 4930 &amp; up 100 points on the strong European opening FTSE trading at 5564 up by 75 points, DAX and CAC trading at 3180 up by 50 points.  Nifty futures have strong support levels at 4930 &amp; then 4850 &amp; resistance at 5140 &amp; then 530.0 levels."}
{"text": " I feel sorry for the workers who are going to lose their jobs. I wonder how big of a bonus the scumbags in charge are going to make this year?   The new CEO was hired this year was paid a $1 million base salary, a $150000 signing bonus, $6 million in restricted stock."}
{"text": " The best investment opportunity that guarantees unending cash flows. You will get a replicated website with your own payment button that opens unending and continuous flow of $5 payments directly into your account. There are other biz opportunities (complete home base business) inside the member area. All these opportunities will be yours in less than 10 minutes. Respond to this ad now and start your journey to prosperity"}
{"text": " That's completely false.  If you buy a house and live in it for 30 years, it should rise about 2-3% with inflation (neglecting any bubbles), then when you sell it, it may be worth 75 to 100% more than you paid for it.  But if you sell it for 50-60% more, you didn't actually make any money (due to inflation), you lost money, but are still expected to pay capital gains on that."}
{"text": " Most cooperative banks are insured upto Rs 1,00,000/- .  It depends on what is the current status of the Bank and withdrawal of the funds would be based on the decision taken by the administrator. There maybe no interest payable, it would again be decided by the administrator."}
{"text": " This depends on the jurisdiction, but such companies are typically subject to regulations (and audits) that require them to keep the customers' accumulated premiums very strictly separated from the company's own assets, liabilities and expenses. Additionally, they are typically only allowed to invest the capital in very safe things like government bonds. So, unless something truly catastrophic happens (like the US government defaulting on its bonds) or people in the company break the regulations (which would invovle all kinds of serious crimes and require complicity or complete failure of the auditors), your premiums and the contractual obligation to you would still be there, and would be absorbed by a different insurance company that takes over the defunct company's business.  Realistically, what all this means is that insurance companies never go bankrupt; if they do badly, they are typically bought up by a competitor long before things get that bad."}
{"text": " Capital losses do mirror capital gains within their holding periods. An asset or investment this is certainly held for a year into the day or less, and sold at a loss, will create a short-term capital loss. A sale of any asset held for over a year to your day, and sold at a loss, will create a loss that is long-term. When capital gains and losses are reported from the tax return, the taxpayer must first categorize all gains and losses between long and short term, and then aggregate the sum total amounts for every single regarding the four categories. Then the gains that are long-term losses are netted against each other, therefore the same is done for short-term gains and losses. Then your net gain that is long-term loss is netted against the net short-term gain or loss. This final net number is then reported on Form 1040. Example Frank has the following gains and losses from his stock trading for the year: Short-term gains - $6,000 Long-term gains - $4,000 Short-term losses - $2,000 Long-term losses - $5,000 Net short-term gain/loss - $4,000 ST gain ($6,000 ST gain - $2,000 ST loss) Net long-term gain/loss - $1,000 LT loss ($4,000 LT gain - $5,000 LT loss) Final net gain/loss - $3,000 short-term gain ($4,000 ST gain - $1,000 LT loss)   Again, Frank can only deduct $3,000 of final net short- or long-term losses against other types of income for that year and must carry forward any remaining balance."}
{"text": " \"&gt; So I asked this question in /r/DebateaCommunist and got some interesting answers, mostly about how banks exist to make money out of nowhere and to fool people. What do yall have to say?  That isn't what they said. Nobody mentioned fooling people from what I can see from a cursory glance. And if they did, they're being facetious.  Also, they didn't mean \"\"make money from thin air\"\" in the sense of it being a magical trick. They make money from a sort of market inefficiency: they broker between people who want to invest money and those who want to borrow it.  The top two answers are about right: a bank borrows money from investors (who deposit money in checking and savings accounts), and lends it to borrowers in the form of loans or mortgages. The difference between the interest rates is their profit.  You deposit $1000 with me at 2% for 20 years. I give you $1485.95 at the end of that term. Where did I get the extra five hundred books? Well I lent it out in mortgages over the same terms at 6% and received $3207.14 over the same period of time. Your $1000 made you $485.95, and made me $1721.19 which I keep for the purposes of providing you with ATMs, dealing with bad debts and staffing the place. Simple, eh?  Of course, they also provide other services in addition to this, and the way in which they do it is regulated, but that's all a bank is at its core.  A central bank is slightly different: they issue money (i.e. \"\"print\"\" it), and supply it at a headline interest rate to the commercial banks. And of course banks borrow amongst themselves. But then we get ourselves down the rabbit hole of \"\"grown up\"\" economics and LIBOR and the like... there are whole textbooks used to explain exactly how that mechanism works and what's going on there.  But if you want to get rich, find a way to start a bank. Seriously. Doing it to the old school way is seriously profitable if you can be trusted.\""}
{"text": " +1 for YNAB. I used to use MS Money until it was decommissioned. I used that to historically record my spending and investing, and plot my net worth. Whilst YNAB will do that, it is actually geared towards forward planning much more so. In this area, it is fantastic. I like that there are mobile apps for it too."}
{"text": " The plan doesn't make sense.  Don't invest your money. Just keep it in your bank account. $5000 is not a lot, especially since you don't have a steady income stream. You only have $1000 to your name, you can't afford to gamble $4000. You will need it for things like food, books, rent, student loans, traveling, etc. If you don't get a job right after you graduate, you will be very happy to have some money in the bank. Or what if you get a dream job, but you need a car?  Or you get a job at a suit & tie business and need to get a new wardrobe? Or your computer dies and you need a new one? You find a great apartment but need $2500 first, last & security? That money can help you out much more NOW when you're starting out, then it will when you're ready to retire in your 60's."}
{"text": " In major East Coast cities, the universities often own large tracts of real-estate because they're simply very rich institutions with the longest lifespans and time horizons in the entire city.  But yeah, MIT is pretty much *the* engineering school in the United States.  CalTech can *maybe* compete.  And no, I'm not saying that because I like MIT.  I think they're suicide-inducing slave-mongers with a depressing campus who own half of Cambridge but pay no property taxes because they're a university.  I *like* the land-grant state universities and went to UMass Amherst."}
{"text": " \"tl;dr: Anyone who doesn't like what VISA and MasterCard did to wikileaks should not be in favour of this.  This is a slippery slope (yes, really), where participating the the marketplace shall only be allowed by people the powers that be likes. What is \"\"intolerance\"\"? Should James Damore never be allowed to use paypal for any purpose? How about VISA, MasterCard, should he never be allowed to have a credit card again?  If the government doesn't \"\"like\"\" what you're doing then they have made (or can make) it illegal, and you are taken out of the marketplace of ideas and money, if the government thinks this is best.  This is government-sized actions (denying people the possibility to deal with money) done extrajudicially by private entities.  \"\"I have decided that your legal enterprise should not be allowed to make money\"\" is terrible!  If you are in favour of this then you should be in favour of the phone company, the electricity company, and gas company to deny service to anyone who's ever been accused of being a paedophile.\""}
{"text": " I havent used Fresh, I'll have ti give it a try if its available in my area.       For liquer/beer it's sometimes cheaper.  For the whiskey I drink, is the same price as the nearby store if I buy two bottles at a time."}
{"text": " Academy of Financial Studies (AFS), based in Delhi is offering effective programs for investors as well as traders in investment banking in india. Investment banking is the process of raising money through debt (loans and bonds) or else equity (IPOs or Private Equity placements). This money is used for funding the capital expenditures, dividend payouts and working capital etc."}
{"text": " While IANAL (tax or otherwise), I have always found that keeping original receipts is the only way to go. While anything can, at some level, be forged or faked, a photo is one more step removed from the original.  A mere listing on a web site isn't much proof of anything. Keep your originals for a suggested seven years; while the IRS is trying to audit much faster than that, and any inkling of fraud can be investigated at any time, you should be well and clear with originals kept that long."}
{"text": " How do credit unions work in the US?   Why not just get rid of deposit insurance for commercial banks and keep it for credit unions. Restrict credit unions ability to filter money to the new 'investment bank' sector by keeping them out of repo and money markets (not sure if this is done currently) and bang - Corporates/institutions can still lend short and banks can still lend long in the professional world, while unsophisticated retail customer's checking accounts at least are protected from the inevitable crash."}
{"text": " Indeed the IRS publication references the 3-6 year time span. And no limit for fraud.  But. I get a notice that some stock I owned 10 years ago has a settlement pending, and the records of this stock purchase and sale would potentially get me back some money.  I get my Social Security statement (the one they stopped sending, but this was before then) and I see the 1995 income shows zero.  Both of these were easily resolved with my returns going all the way back, and my brokerage statement as well. For the brokerage, I recently started downloading all statements as PDFs, and storing a copy away from home. Less concerned about the bank statements as I've never had an issue where I'd need them."}
{"text": " \"I can describe the method for determining a price floor, which may help. It starts with looking at the cost of mining. There's a ridiculously small amount of gold in the best ore, so it's measured in tonnes of ore to produce a given ounce of gold. Mines will only operate at a loss for so long, so for any mine which focuses on gold, when the price of gold is below that price for long enough, the mine will cease operation. Since not all mines have the same cost, the supply will not appear as a step function, it will reduce slowly as mines close.  \"\"Gold Drops Below Cash Cost, Approaches Marginal Production Costs\"\" offers a marginal cost of production just over $1100. This is not a floor price, as the market can act irrationally at times. It's just a number to consider.  On the demand side, the industrial use (I am thinking gold plating in electronics manufacturing) will serve to provide demand almost regardless of price. When a $100 microprocessor uses say 10 cents worth of gold (at $300/oz) $1500 gold increases the final chip price by 1/2%. The industry is still trying to move away from Gold where they can, but that's a long process.  As far as a ceiling goes, I highly recommend the book Extraordinary Popular Delusions & the Madness of Crowds which offers insight on a number of mania that have occurred not just in the past few decades, but over the centuries. At $1500/oz, the value of all the gold in the world is about US$7.5trillion (That's 12 zeros). Given that a portion of it is in jewelry and not available as an investment, it's safe to say that the entire world can only easily bid on about 1/3 of this (as the gold council cites 31% of gold going towards investments each year vs 57% jewelry and 11% industrial) or US$2.5T or so. With total world wealth at US$125T it would take a bit more hysteria to push gold from its current 2% of that value (funny how that number lined up perfectly) to much higher.  Note: I provided a number of links, as it's too easy to just throw numbers around. See the links and provide more current data if you're so inclined. Data isn't real time.\""}
{"text": " You're getting the great recession and great depression confused. I'm talking about 2008, not nearly 100 years ago. I would like to know what country you live in because it's probably not Greece, Italy, or Spain. You would be singing a very different tune."}
{"text": " I mean, they have their original series. They have BBC and AMC shows. Apart from that they've lost most of their other shows. They do have great movies but I've seen most of them years ago. That leaves me waiting for new releases, which are usually disappointing.   Their originals have been pretty disappointing lately too."}
{"text": " In Australia the ATO can determine if you are considered a shareholder or a share trader. The ATO defines a shareholder as: A shareholder is a person who holds shares for the purpose of earning income from dividends and similar receipts. Whilst they define a share trader as: A share trader is a person who carries out business activities for the purpose of earning income from buying and selling shares. To find out the differences between them you can refer to the following link describing The difference between a share trader and a shareholder. The ATO also describes: To be classed as a share trader, you may be asked to provide evidence that demonstrates you are carrying on a business of share   trading, for example: the purchase of shares on a regular basis through a regular or routine method a trading plan  use of share trading techniques in managing your share acquisitions, such as decisions based on thorough analysis of relevant market   information a contingency plan in the event of a major shift in the market. Losses incurred in the business of share trading are treated the same   as any other losses from business. If your activities change from investor to trader, your investment changes from a CGT (capital gains tax) asset to trading stock. This can trigger CGT event for any investments you currently hold as they change from CGT assets to trading stock. Once you have changed over to a trader you will not be entitled to the 50% CGT discount for stocks held over 12 months. You will, however, be able to count any paper losses at the end of Financial Year to reduce your other income."}
{"text": " You really should consider sitting down with an independent financial advisor to run the numbers for the various options and discuss what risks you're comfortable with and what your requirements/goals are. This isn't a simple decision,  unfortunately. Advice I've seen suggested that some portion of the money should stay in the market, earning market rate of return. Exactly how much, and invested in what, is complicated. An annuity is essentially an insurance policy.  The company assumes the risks and promises you specific payments in exchange for keeping the money.  They wouldn't do so if they didn't think that on average they'll pay out less than the combination of your purchase price plus earnings, so you really are paying a fee for this service. Whether it's worth that cost -- and for how much of your money -- depends on how much you have saved and how risk-tolerant you are. I'm going to steal a moment here to point out that many charities offer annuities. These may or may not pay out less than commercial annuities,  but the profits go to a better cause either way. If you plan to leave part of your estate as donation to a charity anyway, this basically lets them have the money earlier while you continue to receive income from it."}
{"text": " They do not try to force sales and are not driven by them either. They truly essentially need clients to be informed enough to make their own choice and eventually to be happy with their decision. Though you visit the shop of electric bike in Canterbury you will probably be welcomed with a hearty hello from the friendly team and expeditiously offered some tea."}
{"text": " \"Couple things, I will admit I was wrong about the total graduates at each of those programs; however, numbers taper out the lower the program is down to about 250-300 a class. Also, cut each of those numbers down to about 1/2 - 1/3 and you get the group that's actually focused on finance. Many MBAs do consulting, marketing, product development, etc nowadays.  Also I'm a bit offended by you saying I don't understand the CFA. Couldn't be more mistaken boss, I'm siting for L3 in June like you. The requirement is only 2 years in an \"\"investment decision\"\" role, this also means A LOT of back office risk guys qualify. That's a pretty fungible qualification, you don't have to be a PM to qualify. I have a buddy who qualified having done 2 years in fund accounting, not exactly sell-side ER.  I'm also going to guess you're a trader/brokerage/Cap Markets guy? If you wanna throw titles around I'm in a front office role at a BB, too, and worked at worked on buy-side research at a &gt;$150bn value shop. CFA is definitely more desired in sell-side markets focused as opposed to IBD where an MBA is more useful (more strategy focused).   The CFA is vital for boning up on quantitative skills an MBA won't cover, I'll absolutely give you that. But a lot of people fall into the trap of assuming a CFA is their ticket to bigger and better things. If you're working in back office risk management, getting a CFA doesn't immediately qualify you to do ER (which is a VERY common pitfall I see). Like an MBA it teaches everyone how to do the same type of analysis, too (another reason  the title means less and less).   Last weekend I had a conversation with a friend of a friend about this very thing! He's sitting for L3 CFA, works back office at a very notable HF, and expects to be moved up (without any indication that he will) to research when he's done. I asked his opinions about things like the European situation, fiscal cliff, and a hard landing in china. Not only was he not familiar these concepts he didn't even know what HFT was. The CFA gives you the tools to analyze the impacts of pension liabilities on EPS, but it still takes a passion about the markets, as well as creative/analytical judgement, to make it to ER.   My only point is an MBA and CFA are very similar in many ways. Both tend to hold their noses way to high, too. It's about what you chose to get out of it and too often people care more about the title than the process, which is why they are still stuck in mediocrity after completing the designations.   Go through a list of the biggest PMs in the business, most don't have either MBAs or CFAs! They achieved alpha by not following standard quantitative models but exploring creative and strategic avenues others undervalue while maintaining strict discipline. A model is a tool to better describe behavior and understanding of markets, it's not a solution.\""}
{"text": " When it comes to providing quality and reasonably priced veterinary equipment, our company, Vetlab Supplies Ltd is the supplier that you should approach. With many years of industry experience, you can guarantee that we only provide the best veterinary supplies to our clients. For more information about our products, log on to http://vetlabsupplies.co.uk/."}
{"text": " &gt; Why is it not considered to be misleading business practices?  because the details (of below) were either included or available online  &gt; some sort of advance loan program  ...some sort of contractual agreement  it's legit but high interest"}
{"text": " Let me guess... The ultimate point of the article being about how this time it really is different and how individuals are more incapable now than ever to make wise investment decisions in the market? Might as well just give up and let the pros do it right? Or just buy an index and forget about it?  Sure, okay.   /throws unread paywall'd garbage article in the trash"}
{"text": " As you point out, the moving average is just MA(k)t = (Pt-1 + \u2026 + Pt-k )/k and is applied in technical analysis (TA) to smooth out volatile (noise) price action. If it has any logic to it, you might want to think in terms of return series (Pt - Pt-1 / Pt-1) and you could hypothesize that prices are in fact predictable and will oscillate below and above a running moving average.  Below is a link to a study on MA trading rules, published in the Journal of Finance, with the conclusion of predictive power and abnormal returns from such strategies. As with any decision made upon historical arguments, one should be aware of structural changes and or data mining.  Simple  technical trading rules and the stochastic properties of stock  returns Brock, W., J. Lakonishok and B. Le Baron, 1992, Simple technical trading rules and the stochastic properties of stock returns, Journal of Finance, 47, 1731-64. MA rules betterthan chance in US stock market, 1897-1986 I don't know whether you are new to TA or not, but a great commercial site, with plenty of computer-generated signals is FinViz."}
{"text": " \"Full employment is a joke. Look at the [labor force participation rate](https://data.bls.gov/timeseries/LNS11300000) most gains in income are being seen with the top ~1%. Most people who have \"\"recovered\"\" are referring to the stock market. Which has seen tremendous growth. But IMO this is due to a lack of places to put money. Sure some people lost their jobs and now have one but I wouldn't say that on average we are any better off than pre 08.\""}
{"text": " As an American living in Canada, you don't get it.  The USA wants all of us expats to pay taxes twice. No other country but one does that.   If the USA would follow the rest of the world and not tax profits again after being taxed abroad, these companies wouldn't leave.  We could be having a better conversation here, but it's meaningless buzzwords of patriotism and boycotting.   Burger King will have growth and profit internationally. It makes more sense for them to focus on that. If they end up with 20% of their profit from the USA, why would they pay 120% taxes?  Obviously it's not quite as simple as that, but you get the general idea. The last thing our politicians want is us talking about eliminating double taxation. Just as you can't be tried for the same crime twice, you should not be taxed twice. When BK pays local taxes in whatever country they're in, whether it's lower or higher than the US is irrelevant. Taxes have been paid. End of story. Doesn't matter if it's a lower rate or creative accounting. It's done."}
{"text": " Definitely! BitCoin could also alleviate some of the concern that people might have about their identity/payment details being used to track their browsing habits.  If your payment method is anonymous, and you can register with a pseudonym, you can read all the twilight fan-fic you want!"}
{"text": " It's the same result either way.  Say the bills are $600, and you are reimbursed $400. You'd be able to write off $400 as part of the utilities that are common expenses, but then claim the $400 as income.  I'd stick with that, and have contemporaneous records supporting all cash flow. You also can take 2/3 of any other maintenance costs that most homeowners can't. Like snow removal, lawn care, etc."}
{"text": " &gt;  Baby boomers delayed buying houses because of a decade long recession in the 1970's because of a high price for oil.  Fun fact #1:  new housing starts hit their all-time peak in the 1970s, even more than in the 2000s housing boom.  Fun fact #2: if you look at the housing starts by year for the 20 years from 1970-1989, the top 5 are in the 1970s.  [Source](https://fred.stlouisfed.org/graph/?g=eYX1)"}
{"text": " Companies in their earliest stages will likely not have profits but do have the potential for profits.  Thus, there can be those that choose to invest in companies that require capital to stay in business that have the potential to make money. Venture Capital would be the concept here that goes along with John Bensin's points that would be useful background material.  For years, Amazon.com lost money particularly for its first 6 years though it has survived and taken off at times."}
{"text": " You're correct about the 401(k). Your employer's contributions don't count toward the $18k limit. You're incorrect about the IRAs though. You can contribute a maximum of $5500 total across IRA and Roth IRA, not $5500 to each. There are also limits once you reach higher levels of income. from IRS.gov: Retirement Topics - IRA Contribution Limits: For 2015, 2016, and 2017, your total contributions to all of your traditional and Roth IRAs cannot be more than:"}
{"text": " That is but ONE liability out of a dozen possibly affected. Which liabilities going up for some businesses is irrelevant. What is relevant is the cost analysis every company must do when setting up it's future plans and forecasts. If government uses a carrot or a stick to incentivize or deincentize certain behavior, guess what companies do?   So if there is a liability above say 5,000 people and they've got 6,500 currently and if they shrank it to 4,999 to avoid paying xyz increase in this or that. Guess what they'll do?   You can say, oh they're not paying their fair share, or think about the 99% but the bottomline is that some companies will go into survival mode if they get anymore squeezed. If this was a good business envionment, fine, but it's not. (and if it was fine they wouldn't need to pull increased taxes to hit revenue).   Here's a great example of how increased burdens can lead to withdrawl of investment:   http://www.bloomberg.com/news/2012-10-11/hollande-robbed-of-growth-driver-as-companies-curb-investments.html  There is also a direct correlation where taxes go up beyond a certain point and revenues go DOWN:  http://i.imgur.com/BPUAi.jpg  Fairness is all well and good, but more taxes and liabilities do not automatically mean more revenue. It is a disincentive to produce more when there are more burdens on you. You go into survival mode, you go into hibernation mode."}
{"text": " Some of those could be bubbles since they violate price-rent metric.    maybe or maybe not.   People parking money is not necessarily a bubble if the money stays parked.  I look at overseas real estate and some areas will never have prices anywhere near in line with incomes because they are global markets.  locals couldn't dream to afford to own their own property."}
{"text": " \"This information is clearly \"\"material\"\" (large impact) and \"\"non-public\"\" according to the statement of the problem.  Also, decisions like United States v. Carpenter make it clear that you do not need to be a member of the company to do illegal insider trading on its stock. Importantly though, stackexchange is not a place for legal advice and this answer should not be construed as such.  Legal/compliance at Company A would be a good place to start asking questions.\""}
{"text": " Important to take note that Buffett is not directly investing in real estate. He bought a lot of stock in a real estate company that owns a lot of real estate (a REIT). Buffett typically buys stocks in companies that have good fundamentals in industries where he sees potential for growth. So indirectly he is betting on real estate, but holding stock in a REIT is much different than owning properties."}
{"text": " \"It's astounding to me that the customers are so ignorant about the technology they enjoy that they would blame Netflix for the poor bitrate...I don't understand this whole \"\"cut the cable\"\" movement when you are still dependent on the cable company to be your broadband provider...It's all coming through the same pipe and the cable co. has a strangle grip on it.\""}
{"text": " Simply transferring money you own from overseas to Canada will not mean you need to pay tax on it. However if you sell property at a profit - I.e. sell it for more than you paid for it - you may have to pay tax on any gains. This is true whether or not you transfer the money to Canada. Calculating the amount is quite complicated. You might consider getting a tax expert."}
{"text": " I just had a reverse split done 1 to 35. I went from 110,000 shares and a negative 13k to 3172 shares, and I still had a negative 13k. If your company does a reverse split take the lost and get out, it's bad news all the way around."}
{"text": " DFP Building Services are providing best decorating and painting services in surrey, UK. Our painters and decorators are fully qualified and time served professionals. We use top quality material to decorate or paint your home and offices. Our refurbishment service includes complete refurbishment, remodeling, plastering, flooring, carpentry whichever is required."}
{"text": " &gt; Because of this attitude, they then jump ship and work for somebody else.  You're saying they take the highest wage that someone will pay them?  What entitled little shits, acting as independent agents in the free market!  Someone should teach these young whippersnappers about adulthood..."}
{"text": " \"As noted in richardb's comment buried in the comments/debate on the other answer (and all credit for this answer should be due to him): a significant issue with the scheme as originally envisaged in the question (up to \u00a311K pa) is that there is actually a cap on the maintenance part for over 60s: On page 28 of this \"\"Student finance - how you're assessed and paid\"\" document it says: If you're 60 or over on the first day of the first academic year of   your course you can apply for a Maintenance Loan of up to \u00a33,566,   depending on your household income. Your loan will be reduced by \u00a31   for every \u00a35.46 of household income over \u00a325,000, up to \u00a343,675. If   your household income is more than this you won't get any Maintenance   Loan. I'd consider that to make this route considerably less attractive... and maybe that's the intention of the rule!  (Although I might not think that was so true if I was actually on the UK's state pension of \u00a36K a year and desperate.  However, I was originally thinking more in terms of comparing the accumulated \"\"free money\"\" over the three years with the UK's average - and woefully inadequate - pension pot of \u00a350K, rather than with pensioner income). I'll leave those who found the idea of exploiting government incentives so outrageous to ponder the at least as troubling ethics of discriminating against people based on their age, especially when that government apparently likes the idea of older people retraining. (Just to complicate things: I note that one of the possible criteria for applying for a \"\"special support grant\"\" - an alternative to a maintenance loan - is being over 60.  That's a grant not a loan and doesn't have to be repaid, but abusing that would seem even to me to be on a par with faking disability to get benefits or similar).\""}
{"text": " No career advice or homework help (unless your homework is some kind of big project and you need an explanation on a concept).   I want to see financial news, legislation concerning the markets and regulation, self posts about financial concepts, opinion articles about finance from reputable sources, etc."}
{"text": " No. The equipment costs are not necessarily a direct expense. Depending on the time of purchase and type of the expenditure you may need to capitalize it and depreciate it over time. For example, if you buy a computer - you'll have to depreciate it over 5 years. Some expenditures can be expensed under Section 179 rules, but there are certain conditions to be made, including business revenue. So if your business revenue is $3K - your Sec. 179 deduction is limited to $3K even if more purchases can qualify. Not every purchase qualifies for Sec. 179 treatment, and not all the State tax rules conform to the Federal treatment. Get a professional advice from a CPA/EA licensed in your State."}
{"text": " I understand that ITM have little time value, so they will have small time decay(theta), but why OTM has a lesser theta than ATM? The Time value represents uncertainty.  That uncertainty decreases the farther away from ATM you get (in either direction).  At-the-money, there is roughly a 50% chance that the option expires worthless. As you get deeper in-the-money, the change that is expires worthless decreases, so there is less uncertainty (there is more certainty that the option will pay off).  As you go deeper OTM, the probability that the option expires worthless increases, so there is also less uncertainty. At the TTM decreases, the uncertainty (theta) decreases as well, since there is less time for the option to cross the strike from either direction.  Similarly, as volatility decreases, theta decreases, since low-volatility stocks have a less change of crossing the strike."}
{"text": " I make it a habit at the end of every day to think about how much money I spent in total that day, being mindful of what was essential and wasn't. I know that I might have spent $20 on a haircut (essential), $40 on groceries (essential) and $30 on eating out (not essential). Then I realize that I could have just spent $60 instead of $90. This habit, combined with the general attitude that it's better to have not spent some mone than to have spent some money, has been pretty effective for me to bring down my monthly spending. I guess this requires more motivation than the other more-involved techniques given here. You have to really want to reduce your spending. I found motivation easy to come by because I was spending a lot and I'm still looking for a job, so I have no sources of income. But it's worked really well so far."}
{"text": " Ah.  See, this is where you have already misread me: &gt; . . . you attempt to construct a government and a society around false economic morality.  Why does morality have to be part of the actual solution?  It doesn\u2019t.  Yet it can take into account moral values and immoral values.  The solution SHOULD be utilitarian - use that which works.  But not the utilitarian that throws out things that don\u2019t quite work.  No.  It need to be a utilitarian method with foresight to see promise, and to understand the weakness of intolerance.  Our current system is actually promoting separation, building its own downfall.  A new system needs to actually be built to create unity through diversity, not for moral reasons, but for simple survival and growth.  And no one said people weren\u2019t paid.  That was all you, bud.  I was simply saying they were able to put aside differences and survive through major setbacks to accomplish great things.  Sticking around during tough times requires either fear of the alternative, or a belief in the company or the goal.  People are NOT always selfish."}
{"text": " 1) Every credit card company charges vendors a fee. That's sufficient to make an acceptable profit per charge even if some of that money goes into marketing expenses -- and the cash-back offer is a marketing expense. 2) Many if not most consumers pay interest; probably everyone does so occasionally when we get distracted and miss a payment. 3) The offer encourages you to put more payments on the card -- and in particular on their card -- than you might otherwise. See #1; that increases net income."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2073.en.pdf) reduced by 99%. (I'm a bot) ***** &gt; Inflation Housing Demand + 0 + + 0 0 Mon Pol  +  + 0 0 Loans Supply Lend Rates 0 +  0  + A. Supply A. Demand +  + + The first column lists the endogenous variables of the VAR, which react to the shocks reported in the first row: housing demand shocks, monetary policy innovations, shocks to the credit supply, aggregate supply and demand shocks.  &gt; The patterns used to distinguish aggregate demand and supply shocks are commonly used in the literature, we are able to discriminate house prices shocks from loans supply and lending rates shocks on the ground of economic theory.  &gt; In Spain, in the absence of other shocks, if the growth rates of real consumption had been driven exclusively by housing demand shocks, they would have been largest around 1995 and 2004, and lowest in 2012.18 The cumulative effect of housing demand shocks is rather muted in the remaining countries.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gxbr4/ecb_house_prices_and_monetary_policy_in_the_euro/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~142717 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*: **shock**^#1 **price**^#2 **House**^#3 **housing**^#4 **policy**^#5\""}
{"text": " Ben already covered most of this in his answer, but I want to emphasize the most important part of getting a loan with limited credit history. Go into a credit union or community bank and talk to the loan officer there in person. Ask for recommendations on how much they would lend based on your income to get the best interest rate that they can offer. Sometimes shortening the length of the loan will get you a lower rate, sometimes it won't. (In any case, make sure you can pay it off quickly no matter the term that you sign with.)  Each bank may have different policies. Talk to at least two of them even if the first one offers you terms that you like. Talking to a loan officer is valuable life experience, and if you discuss your goals directly with them, then they will be able to give you feedback about whether they think a small loan is worth their time."}
{"text": " I found a way to do this, but it's slightly backwards. Quicken does not allow you to make a graph of just your income, probably because that would be a fairly boring graph for most people.  But it does allow you to do a graph of your expenses.  Doing so, while including income categories, will produce the graph I want, but with negative numbers (savings is negative spending). This will show a bar graph of overall spending, counting income as Negative Spending.  So, having negative bars is good in this case."}
{"text": " Yeah, I think this is true, but my credit scores are 810+ and I have a similar amount of liquidity and I think I would still have a tough time getting what I wanted in this market due to the cash buyers. People with outstanding credit are losing to cash."}
{"text": " Our mortgage provider actually took the initiative to send us a refinance package with no closing costs to us and nothing added to the note; took us from a 30-year-fixed ~6.5% note to a 15-year-fixed ~5% note, and dropped the monthly payment in the process.  You might talk to your existing lender to see if they would do something like that for you; it gives them a chance to keep your business, and it cuts your costs."}
{"text": " \"&gt;Exactly right. \"\"Tax incentives\"\" do not mean that the state is giving Apple a trunk full of cash.  This is NOT strictly true.  If the area has (and I am fairly certain it does) [\"\"tax incremental financing\"\"](http://en.wikipedia.org/wiki/Tax_increment_financing) then a lot of the underlying costs of bringing facilities to an area -- costs associated with road construction, utility changes, etc -- are funded via municipal bonds and other taxpayer-based financing (which of course the companies that are part of these \"\"deals\"\" are given a multi-year pass on paying).\""}
{"text": " Some other factors to consider: If none of those factors are significant to you, then the other answers will do just nicely."}
{"text": " Which to do is determined by how you like to consume cars. If you don't drive a lot and like to get a new car every 2-3 years, leasing is often the better choice. If you drive a lot or want to keep a car longer than 3 years, you're normally better buying."}
{"text": " Your argument with elvendude happened because your comment makes it appear that you think that if a business has less cash at the end of a year than at the beginning, the business does not need to pay taxes. elvendude is trying to show you that this isn't true."}
{"text": " \"The recommendation is not to make the investment. In general, a company does not have to sell their shares to you or allow you to become an investor, because, as you have stated, it is a private company not quoted on the stock market.   If everyone were trustworthy, you could buy the tools for $11000 -- so that you own the tools -- and sign a lease of the tools to the company whereby they pay you $X/month.  The lease should be reviewed by a lawyer before it is signed, and perhaps give the buyer the right to demand back the tools at any time.  However, even this arrangement is very risky, because the \"\"company\"\" could simply steal or damage the tools and disappear.   It is not an investment that I would make, because it sounds too good to be true.  $2800/mo steady cash flow for $11,000 invested.  No, I don't think so.   The following information may also be useful, either to you, or future readers: If you still want to make this investment, then you should know that: The offering for sale of shares by companies located in the USA is subject to a wild array of complex laws.  This is true in many other countries as well.  These laws,  called securities laws or regulations,  can require certain disclosures, require that investors have a high net worth so that they can afford to lose the money or conduct their own investigations and legal actions, or require that the investors know the company founders personally, and can prohibit or limit resale by the buyer/investor.  Promoters who say you can still invest and are ignoring or disobeying the securities laws are being at least negligent, but more likely are dishonest and probably criminal.  Even if you trust in the investment, can you trust negligent managers to do a good job executing that investment? What about dishonest managers?  What about criminals and thieves?\""}
{"text": " \"wtf are we as a country and society going to do for all the Frans in 10 years when there is barely retail or fast food jobs left?  are we just going to throw up our hands and say \"\"welp, guess your fucked\"\"? we're going to have millions of unemployed people a lot sooner than people think and we are doing nothing to address this upcoming problem!\""}
{"text": " \"The $1K in funds are by default your emergency fund. If absolutely necessary, emergency funds may need to come from debt, a credit capacity, focus on building credit to leverage lower rates for living expenses eventually needed. Profitable organizations & proprietors, borrow at a lower cost of capital than their return. Join your local credit union, you're welcome to join mine online, the current rates for the first $500 in both your checking and savings is 4.07%, it's currently the fourth largest in the U.S. by assets. You may join as a \"\"family member\"\" to me (Karl Erdmann), not sure what their definition of \"\"family\"\" is, I'd be happy to trace our ancestry if need be or consider other options. Their current incentive program, like many institutions have often, will give you $100 for going through the hassle to join and establish a checking and savings. Some institutions, such as this credit union, have a lower threshold to risk, applicants may be turned down for an account if there is any negative history or a low credit score, shooting for a score of 600 before applying seems safest.  The web services, as you mentioned, have significantly improved the layman's ability to cost effectively invest funds and provide liquidity. Robinhood currently seems to be providing the most affordable access to the market. It goes without saying, stay objective with your trust of any platform, as you may have noticed, there is a detailed explanation of how Robinhood makes their money on this stack exchange community, they are largely backed by venture funding, hopefully the organization is able to maintain a low enough overhead to keep the organization sustainable in the long run. The services that power this service such as Plaid, seem promising and underrated, but i digress. The platform gives access for users to learn how investing works, it seems safest to plan a diversified portfolio utilizing a mix of securities,such as low Beta stocks or \"\"blue chip\"\" companies with clear dividend policies. One intriguing feature, if you invest in equities is casting votes on decisions in shareholder meetings.  Another popular investment asset class that is less liquid and perhaps something to work toward is real estate. Google the economist \"\"Matthew Rognlie\"\" for his work on income equality on this type of investment. There are many incentives for first time homeowners, saving up for a down payment is the first step. Consider adding to your portfolio a Real Estate Investment Trust (REITs) to gain a market position. Another noteworthy approach to this idea is an investment commercial property cooperative organization, currently the first and only one is called NorthEast Investment Cooperative, one stock of class A is $1K.  If you are interested and plan to focus on equities, consider dropping into your college's Accounting Capstone course to learn more about the the details of fundamental and technical analysis of an organization. The complexities of investing involve cyclical risk, macro and micro economic factors,  understanding financial statements and their notes, cash flow forecasting - discounting, market timing, and a host of other details Wikipedia is much more helpful at detailing. It's safe to assume initial investment decisions by unsophisticated investors are mostly whimsical, and likely will only add up to learning opportunities, however risk is inherit in all things, including sitting on cash that pays a price of inflation. A promising mindset in long term investments are in organizations that focus on conscious business practices. Another way to think of investing is that you are already somewhat of a \"\"sophisticated investor\"\" and could beat the market by what you know given your background, catching wind of certain information first, or acting on a new trends or technology quickly. Move carefully with any perhaps biased \"\"bullish\"\" or \"\"bearish\"\" mindset. Thinking independently is helpful, constantly becoming familiar with different ideas from professions in a diverse set of backgrounds, and simulating decisions in portfolio's. Here is an extremely limited set of authors and outlets that may have ideas worth digging more into, MIT Tech Reviews (Informative), Bloomberg TV (it's free, informative), John Mackey (businessman), Paul Mason (provocative journalist). Google finance is a simple and free go-to application, use the \"\"cost basis\"\" feature for \"\"paper\"\" or real trades, it's easy to import transactions from a .csv.   This seems sufficient to start off with. Enjoy the journey, aim for real value with your resources.\""}
{"text": " That's right.  I wouldn't say that she directly caused Yahoo's downfall since that was put into motion long before she started.  However, she did nothing that succeeded in changing Yahoo's trajectory after she took over.  Yahoo could have done essentially nothing and it would have ended roughly the same.  People are just upset that she got compensated quite well without achieving anything of significance."}
{"text": " There is really much simpler explanation for the interest rate differences in different countries. It is the interest rate arbitrage. It is a very well explored economic concept, so you can look it up on the Internet, in case you want to know more. 1) Interest rates for the same currency in different countries Basically, as one smart person here pointed out, there is only one price of money in free market economy. It happens, because investors can move their money unrestrictedly anywhere in the World to capitalize on the local interest rates advantage. For instance, if I can take a loan in the USA at 3-4% annual interest and receive 5-6% annual income on my dollar deposit in Russia, I would take a loan in the US and open a deposit in Russia to enjoy a risk free interest rate differential income of 2% (5-6% - 3-4% ~ 2%). So, would any reasonable person. However, in real World very few banks in Russia or anywhere would pay you an an interest rate higher than it can borrow money at. It'd probably lose money if it'd do so. Anyways, the difference between the risk free rate and interest rate on the dollar deposit can be attributed to the risk premium of this particular bank. The higher expected return, the greater risk premium. If there is a positive difference in the interest rates on the dollar deposits in different countries, it will almost entirely accounted for the risk premium. It is generally much riskier to keep money in, say Russian bank, than American. That's why investors want greater return on their dollar deposits in Russian banks than in American. Of course, if you'd want to park your USD in Russian bank you'd also have to consider transaction costs. So, as you may have already guessed, there is no free lunch. 2) Interest rates in different currencies for different countries If we are talking about the interest rates in different sovereign currencies, it is a somewhat similar concept, only there is more risk if you keep money in local currency (risk premium is much higher). Probably, the biggest component of this risk is inflation (that is only attributed to the prices in local currency). For that reason, current interest rates on deposits in Russian Rubles are at 10-12%, but only 1-3% in the US Dollars. An economic concept that discusses this phenomenon in great detail is Interest Rate Parity.  Hope this was helpful. P.S. It doesn't look quite realistic that you can get an 8% annual income for USD deposit in Russia with the interest rates in the U.S. being at 1-2%. At present moment, a 30-year mortgage annual interest rate in the US is at ~2-3% and an annual interest rates for dollar deposits in Sberbank (one of the safest Russian banks = very little risk premium) is at 1-3%. So, arbitrage is impossible."}
{"text": " Homes for Sale NJ --Where do you want to be? Let Re/Max help you find your forever home, or your very first home. Our expert realtors will guide you through the home buying process, home loan process, and help you choose a home that is right for you."}
{"text": " There is a fundamental flaw in this statement:  For example, a home bought cash $100,000 would have to be sold $242,726.247 30 years later just to make up with inflation, and that would be a 0% return. You forgot to deduct rent from your monthly carrying costs.  That changes the calculations significantly.   Your calculations are valid ONLY if you were to buy a house, and let it sit empty, which is unlikely.  Either you are going to live in it, and save yourself $1000 a month in rent, or, you are going to rent it out to someone, and earn an income of $1000 a month. Either way, you're up $1000 a month and this needs to be included."}
{"text": " Cronyism happening everywhere was my point, the government would have been better off giving out the money straight to the people with the accounts, and George W. Bush isn't Stalin, he's George W. Bush.  Isn't his name worse on reddit, and most other places?"}
{"text": " I did that.  What is allowed changes over time, though \u2014 leading up to the crisis, lenders would approve at the flimsiest evidence. In particular, my SO had only been in the country a couple years and was at a sweet spot where lack of history was no longer counting against her. Running the numbers, the mortgage was a fraction of a percent cheaper in her name than in mine.  Even though she used a \u201cstated income\u201d (self reported, not backed by job history) of the household, not just herself. The title was in her name, and would have cost money to have mine added later so we didn\u2019t.  This was in Texas, which is a \u201ccommunity property\u201d state so after marriage for sure everything is \u201cours\u201d."}
{"text": " &gt; Whatever the supply of labor and demand for labor set.  That's essentially a circular answer. The price of labour affects both the supply and demand. If the demand for a certain type of labour increases, the price will increase, and that causes the supply to rise, lowering the price back down.  For any given job, the price of labour will tend towards the marginal value."}
{"text": " \"&gt;*\"\"The vast majority is just too indoctrinated or apathetic to think\"\"*  Yes, I agree with this statement. In certain states, a party platform built upon \"\"Guns, Jesus and No More Abortions\"\" will get you elected even if the rest of the policies amount to having them bring ropes to their own hanging. In many blue states, shallow, rhetoric-laden environmental platitudes and an appeal for various kinds of \"\"social justice\"\" will have the same effect insofar as it also tends to get voters, voting against their own self interest.   There is literally no other reason why a majority of people would ever vote to de-fund schools, stifle science, dismantle society, allow corporate overreach, prefer pain, suffering and bankruptcy/financial ruin for millions instead of having sensible healthcare policies for everyone. That the military gets almost unlimited funding for its capital purchasing but leaves millions of veterans denied of VA services and almost every other kind of support is shameful and should not be acceptable to anyone. Yet, all of this goes unchanged year-after-year because of the meaningless and ineffective manner in which people vote. Voting isn't the problem. What they vote for, is!   The underlying problem is a deeply uniformed voter that is easily manipulated by the products of campaign finance. Even when voters do show up, their vote is easily purchased that their vote does not have an effect apart from confirming what the lobbyists paid for.\""}
{"text": " No they wouldn't.  That's from a pure math standpoint.  People would cancel like crazy if they did this, which would probably cost them money in the long run.   EDIT:  As you can see by $NFLX stock today after MISSING projections on earnings but CRUSHING subscribers, it's all about subs, not hard cash.  My point is proven."}
{"text": " When I was a kid, the sets were built, then taken apart, thrown in a big box, and rebuilt 100s of times into 100s of different things. Now they get built once, and sit on a shelf as decorations. IMO lego lost its way when it moved away from a 'bucket of discovery' , toward branded show pieces. Thankfully I still have my 40 year old bucket of lego our kids can still innovate and explore with...that bucket sees far more use than any set we've bought in recent years."}
{"text": " Hemp is already pretty easily grown by farmers here.  Canada had 50,000 acres of legal hemp in 2006, but it's been in decline the last 3 years due to the cost, lack of demand, and the high values of some other crops.  It's also difficult to harvest due to its size. It's possible that the demand for hemp products will increase, but given that many Asian countries (Russia, China and Korea, for example) never banned it in the first place, there's a pretty ready supply already in place.  In Canada, the big reason to grow it is as an alternative crop for use in rotation that has some commercial demand, but it's certainly not as valuable as crops like canola, oats or soy beans."}
{"text": " &gt; How do you purpose that these ventures be funded?   By starting small, selling shares, using profits + money from un-secured investors.  Banks are terrible investors: untold amount of them failed because of bad investments, and many of such Banks are still around just due to bailouts.   Landfills and garbage disposal services do provide value: they earn money from a service to dispose the garbage, a necessity for anyone."}
{"text": " Very true.  Lawyers, Accountants, IT people, and linguists are all in high demand at the FBI these days.  And linguists not just for anti-terrorism these days, either.  It didn't catch all of the public eye, but Obama has taken a pretty hard stance on international organized crime."}
{"text": " I mean, I don't understand how anyone actually believed that. Firstly, he largely doesn't have that power as president, and secondly, the man is, and always has been, pro-business rather than pro-consumer. If you seriously thought that a billionaire genuinely cared about your middle-American plight, I really don't know what to tell you."}
{"text": " \"Okay. An ETF is an \"\"Exchange Traded Fund\"\". It trades like a stock, on the stock market.  Basically by buying one ETF, you can have ownership in the underlying companies that make up the ETF. So, if you buy QCLN, a green energy ETF, you own Tesla, First Solar Inc, SunPower Corporation, Vivint Solar, Advanced energy industries and a bunch of other companies that are involved in clean energy.   It allows you to gain exposure to a sector without having to buy individual companies.  There are ETFs for lots of different things. Technology ETFs, Healthcare ETFs, Consumer Staples ETFs, Utilities ETFs, etc.  REITS are essentially the same thing, except they own real estate.\""}
{"text": " It's a ludicrously slanted article. Arbitration is not a bad thing. It's usually less expensive for both parties and is a much quicker process than litigating. The same laws apply except it's harder for the defendant to win on a technicality. Are there drawbacks? Sure. But this is not a big scandal. Class action lawsuits have issues their own."}
{"text": " \"This is actually a very complicated question. The key reading in this area is a seminal paper by Almgren & Chriss, \"\"Optimal Execution of Portfolio Transactions\"\" (2000). They show that there's a tradeoff between liquidating your portfolio faster and knowing the value with more certainty, versus liquidating more slowly (and likely for a higher price) but with less certainty. So for example, if you sold your entire position right now, you would know almost certainly how much you would get for the position. Or, you could sell off your position more slowly, and likely get more money, but you would have less certainty about how much you would get. The paper is available online at http://www.courant.nyu.edu/~almgren/papers/optliq.pdf\""}
{"text": " When you register for the exam, the CFA Institute sends you the CFA curriculum (a self-contained set of books and practice problems - it's +2,000 pages per exam).   You can have zero knowledge of finance, study the given material, and then pass the exams. This being said, it will help if you begin to develop a passion for financial markets as you learn and try to apply your lessons.  Yes, I believe the CFA Charter (or pursuit of it) is a good signal to prospective employers especially if you are trying to make a career switch."}
{"text": " They can sell a lower price call if they expect the stock to plummet in the near term but they are bullish on the longer term. What they are looking to do is collect the call premium and hope it expires worthless.  And then again 'hope' that the stock will ultimately turn around. So yes, a lot of hoping.  But can you explain what you mean by 'my brokerage gives premiums for prices lower than the current price'? Do you mean you pay less in commissions for ITM calls?"}
{"text": " I would say it really depends on where you are applying.   Almost all the candidates that we get directly from school are either CFA level I candidates or have passed it already. It has become ubiquitous enough to not be note worthy for us (can't speak for other places). However, if you don't have anything else going on atm then definitely take the exam.  I would also say that you should pick/hone your programming skills revise your textbooks. I can't believe the number of MFE graduates who don't know what risk-neutral pricing means."}
{"text": " You are starting from false premises built on politically driven economic theories. The reality does not square with anything that you just wrote.   The Fed is not necessary. It does incredible harm to the average guy. Fiat money and fractional reserve banking guarantee monetary collapse. You cannot continue to add debt at the bottom and cheap money at the top. Asset prices inflate and the average guy's standard of living goes down the tubes.   The idea that economics is hard science is ridiculous. In a smallish closed or partially closed system, formulas and equations can determine probable outcomes, in the infinitely complex economy of the modern world, the very idea that you can predict anything beyond general directions is absurd. And the general directions are not understandable without considering the human motivations that drive each of the billions of sentient actors involved.   But cleave to Samuelson, at least it can make you feel superior to think that you understand the pointless complexity"}
{"text": " \"This may be a bit advanced now, but once you start really working and get a place, I think this will apply more... Do I set up a bank account now? Yes. There is no reason not to. As an adult you will be using this much more than you think.  Assuming you have a little money, you can walk in to any bank almost any day of the week and set up an account with them in very little time. Note that they may require you to be 18 if your parents won't be with you on the account. Otherwise, just ask any bank representative to help you do this. Just to be clear, if you can get a credit union account over a typical bank account, this is a great idea. Credit unions provide exactly the same financial services as a normal bank, but typically have variety of advantages over banks.   Bank Account Parts Bank accounts typically have two parts, a checking account and a savings account. Your checking account typically is what you use for most day-to-day transactions and your savings account is generally used for, well, saving money.  Having a bank account often gives you the following advantages: They give you an ability to store money without having large amounts of cash on hand. Once you start working regularly, you'll find you won't want to keep ~$600+ cash every two weeks in your wallet or apartment. They help you pay bills. When you set up your bank account, you will likely be able to get a Visa debit card which will process like a regular credit card but simply deduct funds from your checking account. You can use this card online to pay utilities (i.e. electricity and water), general bills (e.g. your cell phone and cable), purchase items (ex. at Amazon) or use it in stores to pay in lieu of cash.  Be aware -- some banks will give you an ATM-only card before they send you the Visa debit card in the mail. This ATM-only card can only be used at ATMs as it's name implies.  Similarly, if you can invest about ~$200 to build your credit, you can often get a deposit secured credit card attached to your account (basically a credit card where the bank keeps your money in case you can't pay your bill). If you treat this card with responsibility, you can eventually transition to an unsecured credit card. They save you hassles when cashing your check. If you don't have a bank where you can cash your check (e.g. you don't have an account), you will likely be charged check cashing fees (usually by places such as grocery stores or payday loan chains, or even other banks). Furthermore, if your check is over a certain amount, some places may refuse to cash your check period and a bank may be your only option. They give you a way to receive money electronically. The most common example of this is direct deposit. Many employers will send your money directly to your bank account instead of requiring you to cash a check. If they are prompt, this money gets to you faster and saves you trouble (on payday, you'll just receive a pay stub detailing your wages and the amount deposited rather than a check).  Also, since you asked about taxes, you should know that when you do eventually file with the IRS, they have an option to receive your tax refund electronically as well (e.g. direct deposit into your bank account) and that can literally save you months in some cases depending on when you file your return and how many paper checks they have to process. Does it cost money to setup? It depends. Some banks have special offers, some don't. Most places will set up an account for free, but may require a minimum deposit to open the account (typically $50-$100). The Visa debit card mentioned above generally comes free. If you want a secured credit card as above, you will want about an additional $200 (so $250 - $300 total). Note that this is absolutely NOT required. You can exclusively use the Visa debit card above if you wish. Bank Account Fees Any fees charged when you have a bank account are usually minor anymore. Regardless, the bank will hand you a whole bunch of paperwork (mostly in legalese) detailing exactly how your account works. That said, the bank person helping set things up will cover what you need to know about keeping the account in plain English. The most common types of fee associated with a bank account are monthly maintenance fees and overdraft fees, but these aren't always necessarily charged. Likewise, there may be some other fees associated with the account but these vary from bank to bank.  Monthly Maintenance Fees To give some examples... Overdraft Fees Overdraft fees are typically charged when you attempt to spend more money than you have in your bank account and the bank has to cover these charges. Overdraft fees typically apply to using paper checks (which it is unlikely you will be using), but not always.  That said, it is very unlikely you will be charged overdraft fees for three reasons: Many banks have done away with these fees in lieu of other ways of generating revenue.    Banks that still charge these fees usually have \"\"overdraft protection\"\" options for a little more money a month, effectively negating the possibility you will be charged these fees.  The ability to deduct an amount of money from your checking account is now typically checked electronically before the payment is authorized. That is, using a Visa debit card, the card balance is checked immediately, and even when using paper check, most retailers have check scanning machines that do roughly the same thing. On a personal note, the bank that I have allows my account to be deducted below my checking account balance only if the payment is requested electronically (e.g. someone who has my card information charges me for a monthly service). In this case, the funds are simply listed in the negative and deducted from any amount I deposit till the proper amount is repaid (e.g. if I'm at -$25 dollars due to a charge when my account balance was $0 and then I deposit $100, my available balance will then be $75, not $100). Finally, per the comment by @Thebluefish, while I minimize the likelihood you will be charged overdraft fees, it is good to check into the exact circumstances under which you might be charged unexpectedly by your bank. Read the documentation they give you carefully, including any mailed updates, and you'll reduce the chance of receiving a nasty surprise. For reference, here are some of the fees charged by Bank of America. What about taxes? When you begin working, an employer will usually have you fill out a tax form such as a W-4 Employee's Withholding Allowance Certificate so that your employer can withhold the correct federal income tax from your wages. If they don't, then it is your responsibility to calculate and file your own income taxes (if you are self-employed, an independent contractor or paid under the table).  If your employer is reputable, they will send you additional information (generally in February) you need to properly file your taxes prior to April 15th (the IRS tax deadline for most people). This additional information will likely be some variation of a W-2 Wage and Tax Statement or possibly a Form 1099-MISC.  Do I have to worry about money in my bank account? Unless you have a significant amount in your bank savings account earning interest (see \"\"Should I save for the future?\"\" below), you won't have to pay any sort of tax on money in your bank account. If you do earn enough taxable interest, the bank will send you the proper forms to file your taxes. How do I file taxes? While it won't apply till next year, you will likely be able to fill out a Form 1040EZ Income Tax Return for Single and Joint Filers With No Dependents, as long as you don't have any kids in the meantime. ;-) You will either mail in the paper form (available at your local IRS office, post office, public library, etc.) or file electronically. There will be a lot of information on how to do this when the time comes, so don't worry about details just yet.  Assuming your all paid up on your taxes (very likely unless you get a good paying job and take a lot of deductions throughout the year on your W-4), you'll probably get money back from the IRS when you file your tax return. As I mentioned above, if you have a bank account, you can opt to have your refund money returned electronically and get it much sooner than if you didn't have a bank account (again, possibly saving you literal months of waiting). Should I save for my future? If so, how much? Any good articles? Yes, you should save for the future, and start as soon as possible. It's outside the scope of this answer, but listen to your Economics professor talk about compound interest. In short, the later you start saving, the less money you have when you retire.  Not that it makes much difference now, but you have to think that over 45 years of working (age 20-65), you likely have to have enough money for another 20+ years of not working (65-85+). So if you want $25,000 a year for retirement, you need to make ~$50,000 - $75,000 a year between your job and any financial instruments you have (savings account, stocks, bonds, CDs, mutual funds, IRAs, job retirement benefits, etc.) Where you should stick money your money is a complicated question which you can investigate at length as you get older. Personally, though, I would recommend some combination of IRA (Individual Retirement Account), long term mutual funds, and some sort of savings bonds. There is a metric ton of information regarding financial planning, but you can always read something like Investing For Dummies or you can try the Motley Fool's How To Invest (online and highly recommended). But I'm Only 17... So what should you do now? Budget. Sounds dumb, but just look at your basic expenses and total them all up (rent, utilities, phone, cable, food, gas, other costs) and divide by two. Out of each paycheck, this is how much money you need to save not to go into debt.  Try to save a little each month. $50 - $100 a month is a good starting amount if you can swing it. You can always try to save more later. Invest early. You may not get great returns, but you don't need much money to start investing. Often you can get started with as little as $20 - $100. You'll have to do research but it is possible. Put money in your savings account. Checking accounts do not typically earn interest but money in savings accounts often do (that is, the bank will actually add money to your savings assuming you leave it in there long enough). Unfortunately, this rate of interest is only about 3.5% on average, which for most people means they don't get rich off it. You have to have a significant amount of money ($5,000+) to see even modest improvements in your savings account balance each month. But still, you may eventually get there. Get into the habit of putting money places that make you money in the long run. Don't go into debt. Don't get payday loans, pawn items, or abuse credit cards. Besides wrecking your credit, even a small amount of debt ($500+) can be very hard to break out of if you don't have a great paying job and can even make you homeless (no rent means no apartment).  Remember, be financially responsible -- but assuming your parents aren't totally tight with money, don't be afraid to ask for cash when you really need it. This is a much better option than borrowing from some place that charges outrageous interest or making your payments late. Have an emergency account. As already mentioned in another excellent answer, you need to have money to \"\"smooth things out\"\" when you encounter unexpected events (your employer has trouble with your check, you have to pay for some sort of repair bill, you use more gas in your car in a month than normal, etc.) Anywhere from $200 - $2000+ should do it, but ideally you should have at least enough to cover a month of basic expenses. Build good credit. Avoid the temptation to get a lot of credit cards, even if stores and banks are dying to give them to you. You really only need one to build good credit (preferably a secured one from your bank, as mentioned above). Never charge more than you can pay off in a single month. Charging, then paying that amount off before the due date on your next statement, will help your credit immensely. Likewise, pay attention to your rent, utilities and monthly services (cell phone, cable, etc.). Even though these seem like options you can put off (\"\"Oh my electric bill is only $40? I'll pay that next month...\"\") late payments on all of these can negatively affect your credit score, which you will need later to get good loans and buy a house.  Get health insurance. Now that the Affordable Care Act (ACA a.k.a Obamacare) has been enacted, it is now simpler to get health insurance, and it is actually required you have some. Hopefully, your employer will offer health coverage, you can find reasonably priced coverage on your own, or you live in a state with a health exchange. Even if you can't otherwise get/afford insurance, you may qualify for some sort of state coverage depending on income. If you don't have some sort of health insurance (private or otherwise), the IRS can potentially fine you when you file your taxes. Not to be too scary, but the fine as currently proposed is jumping up to about $700 for individuals in 2016 or so. So... even if you don't grab health insurance (which you absolutely should), you need to save about $60 a month, even if just for the fine.  This answer turned out a bit longer than intended, but hopefully it will help you a little bit. Welcome to the wonderful world of adult financial responsibility. :-)\""}
{"text": " Bond aren't necessarily any safer than the stock market.  Ultimately, there is no such thing as a low risk mutual fund. You want something that will allow you get at your money relatively quickly. In other words, CDs (since you you can pick a definite time period for your money to be tied up), money market account or just a plain old savings account. Basically, you want to match inflation and have easy access to the money.  Any other returns on top of that are gravy, but don't fret too much about it. See also: Where can I park my rainy-day / emergency fund? Savings accounts don\u2019t generate much interest. Where should I park my rainy-day / emergency fund?"}
{"text": " I'm personally not sold on Facebook.  It collects vast amounts of data, sure, but to what purpose? I am probably missing something. I presume they intend to monetize this data for marketing activities, but is that really *that* valuable? Large budget marketing teams already have more data about their customers than they can effectively analyze.  Yet, they **still** miss with products. More data is not going to make up for the quality of personnel."}
{"text": " Here at Personal Injury Claims Scotland, we can help you claim compensation if you have been involved in an accident while driving. We will help you in the entire process so you can secure maximum compensation. We will also assist in the inspection of your vehicle\u2019s damages to determine its eligibility for replacement. Visit our website at personal-injury-claims-scotland.co.uk for more details."}
{"text": " Reading that fallacy: it says that the money could have been spent elsewhere rather than here to possibly greater benefit. In this case it's the full tax revenue that the state declined to take (which is he tax break). So I don't really see the point when that revenue will possibly not even exist."}
{"text": " \"**Here's a sneak peek of /r/AskTrumpSupporters using the [top posts](https://np.reddit.com/r/AskTrumpSupporters/top/?sort=top&amp;t=all) of all time!**  \\#1: [What do you think about reports that Trump revealed highly classified info to Russian diplomats in their meeting last week?](https://np.reddit.com/r/AskTrumpSupporters/comments/6bd5dx/what_do_you_think_about_reports_that_trump/)   \\#2: [This week Anthony Scaramucci called up a New Yorker reporter to say \"\"Reince is a f-cking paranoid schizophrenic,\"\" \"\"I\u2019m not Steve Bannon, I\u2019m not trying to suck my own c-ck,\"\" and \"\"I want to fucking kill all the leakers.\"\" Are you okay with this kind of rhetoric and language from the administration?](https://np.reddit.com/r/AskTrumpSupporters/comments/6q39ru/this_week_anthony_scaramucci_called_up_a_new/)   \\#3: [Trump cut off an interview with \"\"Face the Nation\"\" after the host pressed him on his claims that Obama wiretapped him, saying, \"\"I have my own opinions. You can have your own opinions.\"\" Were you under the impression that Trump's wiretapping claims were only an \"\"opinion\"\"?](https://np.reddit.com/r/AskTrumpSupporters/comments/68mrg9/trump_cut_off_an_interview_with_face_the_nation/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)\""}
{"text": " It can be argued that it is easier for people to get good paying jobs or get a better education is they can expect a minimum income from the government.    http://en.wikipedia.org/wiki/Basic_income  The main argument being that almost all of the money given out will be spent instead of saved and will quickly make it's way back into the supply side of the economy.  Also students can devote their college time to studying instead of working a job and going to school."}
{"text": " Setting a precedence with demands at the beginning should not be undervalued. Agreed that you emphasize long term value but establishing your requests ( not in demand form) also plays into your long term value because it is retribution to what you offer."}
{"text": " Thanks to the lack of the KeystoneXL pipeline, the WTI price has been artificially depressed. However world prices of refined product haven't - they are set relative to the global price of oil. Thus someone can make a tidy profit by refining, then shipping product.  It's no surprise that there have been shortages of distillate in places like North Dakota - the product goes where the money is.  BTW, in essence it means if US customers won't pay world prices, they won't get the product - putting a floor under the prices you'll pay."}
{"text": " The methodology leads me to believe the pollsters were setting up a poll for the sole purpose of getting a headline like this.   For one, the pollsters eliminated anyone who didn't graduate with a 4-year degree, thus disqualifying anyone who has student loan debt but may have graduated with a lesser degree, or didn't graduate at all. I would assume (probably safely) that people with a 4-year degree are, on average, in a more financially stable situation than those who were disqualified from the poll, and this would be more likely to worry about other things rather than paying student loan debt.   For two, the poll was commissioned by LendEDU, a refinancing startup that could use the publicity of student loan anxiety to drive more business. Having a clickbaity article like this on a relatively popular site like the Examiner that links straight to their website is just what a startup would love to have to get free marketing."}
{"text": " Fractional shares don't occur from Dividend Reinvestment Programs - residual credit is carried over until there is enough to purchase a whole share."}
{"text": " &gt; It's like they only care about personal short term gain and care little about being in the game for the long term.  That's pretty much it. If they can't be lending (and making interest), they aren't winning.  It's funny that the banks know as well as anyone that the worst place to leave money is in a bank."}
{"text": " [Eliminating breaks **would allow the government to simplify the tax code and broaden the base of income** against which taxes are levied] [The dilemma\u2014which Republicans are colliding with right now\u2014is that many of the biggest tax breaks, especially for individuals, are **popular and hard to dislodge.**]"}
{"text": " If you really want to decrease inequality in a sustainable way, the solution is to make energy cheaper. The rate of median household income growth started flattening in the 1970s, and it isn't coincidental that it happened when fossil fuel prices sustained significant rises. If we can't make energy at least as cheap as it was before the 1970s, we have to adjust to a much slower rate of NGDP growth. The government targets a straight line upward moving rate of NGDP growth through massive debt spending and loose monetary policies. If it doesn't pull back on these, the increasing divergent rates of growth of the NGDP and sustainable economic growth puts us on track for a future correction that will be bigger than the Great Depression."}
{"text": " I pulled it off. I did my own searching and so took a lot of load off my agent. As a result my agent agreed to work for 1% commission instead of the normal 3%. Got seller's agent to agree to take 4% instead of 6% and pay my agent the 1%. Seller and I pocketed the difference (I forget how exactly the split went). As it happened, my agent only had to process offers on two houses (one I got outbid on and one I got to buy)."}
{"text": " \"If the stock market dropped 30%-40% next month, providing you with a rare opportunity to buy stocks at a deep discount, wouldn't you want to have some of your assets in investments other than stocks? If you don't otherwise have piles of new cash to throw into the market when it significantly tanks, then having some of your portfolio invested elsewhere will enable you to back up the proverbial truck and load up on more stocks while they are on sale. I'm not advocating active market timing. Rather, the way that long-term investors capitalize on such opportunities is by choosing a portfolio asset allocation that includes some percentage of safer assets (e.g. cash, short term bonds, etc.), permitting the investor to rebalance the portfolio periodically back to target allocations (e.g. 80% stocks, 20% bonds.) When rebalancing would have you buy stocks, it's usually because they are on sale. Similarly, when rebalancing would have you sell stocks, it's usually because they are overpriced. So, don't consider \"\"safer investments\"\" strictly as a way to reduce your risk. Rather, they can give you the means to take advantage of market drops, rather than just riding it out when you are already 100% invested in stocks. I could say a lot more about diversification and risk reduction, but there are plenty of other great questions on the site that you can look through instead.\""}
{"text": " \"Comparing index funds to long-term investments in individual companies? A counterintuitive study by Jeremy Siegel addressed a similar question: Would you be better off sticking with the original 500 stocks in the S&P 500, or like an index fund, changing your investments as the index is changed? The study: \"\"Long-Term Returns on the Original S&P 500 Companies\"\" Siegel found that the original 500 (including spinoffs, mergers, etc.) would do slightly better than a changing index. This is likely because the original 500 companies take on a value (rather than growth) aspect as the decades pass, and value stocks outperform growth stocks. Index funds' main strength may be in the behavior change they induce in some investors. To the extent that investors genuinely set-and-forget their index fund investments, they far outperform the average investor who mis-times the market. The average investor enters and leaves the market at the worst times, underperforming by a few percentage points each year on average. This buying-high and selling-low timing behavior damages long-term returns. Paying active management fees (e.g. 1% per year) makes returns worse. Returns compound on themselves, a great benefit to the investor. Fees also compound, to the benefit of someone other than the investor. Paying 1% annually to a financial advisor may further dent long-term returns. But Robert Shiller notes that advisors can dissuade investors from market timing. For clients who will always follow advice, the 1% advisory fee is worth it.\""}
{"text": " \"This is the best tl;dr I could make, [original](http://ngdp-advisers.com/2017/09/14/thinking-constrained-phillips-box-get-nightmarish-solutions/) reduced by 75%. (I'm a bot) ***** &gt; Grep Ip has an article: The Fed&amp;#039;s Bad Options for Addressing Too-Low Inflation in which he argues that what looks like a dream economy could be a nightmare for the Fed&amp;acute;s chairwoman.  &gt; The reason being that, according to the Fed&amp;acute;s Phillips Curve precepts to which the Fed subscribes, when unemployment is this low inflation should move up to the Fed&amp;acute;s 2% target.  &gt; Just as it reaped rising inflation by producing a rising NGDP growth trend, lowered inflation by producing a falling NGDP growth trend and kept inflation &amp;quot;On trend&amp;quot; by producing a stable NGDP growth trend, it can raise the level of the stable NGDP growth trend, which it stopped doing in 2010.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70qy24/the_dangers_of_phillips_curve_thinking/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211779 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*: **Inflation**^#1 **Fed**^#2 **growth**^#3 **trend**^#4 **recession**^#5\""}
{"text": " \"The short answer is that you will not be able to go back to whichever discussion you were having and say \"\"the Euro crisis was caused by bailing out private banks,\"\" if that is indeed what you were ultimately searching for here.\""}
{"text": " Where does the money go Who wins the billions Ever heard of The Wolf of Wall Street , theres where the money goes . In short ,bankers, traders who are paid millions to take make leverage bets using the banks money regardless of whether they do well .  If they screw up and lose millions , they get paid to leave ( compensation package ) . If they do well , they get bonus."}
{"text": " Write a virus, start spreading it via USB. That's how stuxnet got to Iran's nuclear program.  Someone could make a virus that does nothing on most computers, but if it happens to be on an ATM, it spits out cash if you type in the proper number on the key pad."}
{"text": " Isn't this because of chronic oversupply of business studies graduates? Nobody seems to want them much when it comes to actual hiring. Yet colleges keep churning them out because they're profitable and there's seemingly an infinite supply of fresh BS rubes to earn money from."}
{"text": " Let\u2019s compare your target fund, FFFFX to a well-known ETF, SPY; SPDR S&P 500 ETF. Source: Yahoo Finance The difference in performance over a longer time-frame is significant, You can and should carefully research better funds in order to improve performance. FULL DISCLOSURE: My own IRA is at Fidelity. Less than 10% of my IRA is in Fidelity mutual funds. None is in FFFFX."}
{"text": " I went there as a last resort for a few items a week ago. They had some promotion going on where spending so much money got you a $5 gift card. The thing expired a few days later. Sure, I could have looked on the card, but the ads for that and the cashier never mentioned this. And since when do giftcards expire?"}
{"text": " \"I agree -- personally, at the expense of some of the convenience you speak of, I use credit unions exclusively. However, my credit union more than makes up for that with   1) online check deposit (only thing you ever need to go to a bank for) 2) ATM fee reimbursement  With those two amenities, I don't need a branch on every corner. I am pretty disappointed with BofA's practices (profiting off of those who are \"\"less responsible\"\" -- to me it's wrong to profit off of people's 'stupidity'), so I would never bank with them. It's just a personal preference because 1) I don't need them and 2) I wouldn't want to indirectly support their business. I can understand why people stick with them, and frankly don't really care, to be honest... I just think they're a fundamentally bad company through and through and would rather keep my money away from them.\""}
{"text": " Are there any examples of compulsory paternity (or maternity) leave in the world? Where required, employers must offer it, and it is medically necessary for women to have some time to recover from the stress of childbirth, but I don't believe it's forced on the parents. I do believe, though, that many men would take the opportunity for paternity leave if it were more convenient than spending vacation or sick days (which aren't always available)."}
{"text": " Amazing. I applaud your clear an concise way of explaining such a complex matter. I personally have been baffled by many financial matters and you sir have made it all the more clearer. I am sincerely grateful that you have spent the time to write this, thank you."}
{"text": " \"India's a very interesting case study. They're economy's exploded and grown by leaps and bounds in the last decade. It's a free market but the Reserve Bank of India's get's weird sometimes.   For instance a lot of these crappy and defaulting loans are because the government (Reserve Bank of India) said to fuel growth you have to make sure a certain percentage of your loan book is made out industries we want to develop. So huge loans were made to construction firms, not because they fit the risk profile of the bank or were good investments, but cause the government mandated it. Ton's of horribly run companies got money they shouldn't have.  Also, public banks pay a lot less than their private counterparts, so you don't have the best and brightest handing out these loans.   India's a fucking mess of laws. Like there's no codified way to declare bankruptcy like there is in the West. So if a company goes belly up, they have to go through this maze of different government offices with contradictory rules so creditors (in many cases, the banks that lent them money) can get some of their money back, IMF said it takes 4.5 years on average for a company to go through bankruptcy proceedings. That's insane!  And because it's India, there's a ton of shady shit going on behind the scenes. Up until 2-3 years ago, loans that the banking industry considers non performing (interest payments haven't been made in 90 days) were lumped in another category and hidden in the balance sheet, so the rest of the world looked at this said, \"\"well, their NPL ratio is only 3-4% which is fine for developing country\"\" and continued to rate them highly. It wasn't until recently that we figured out the ENTIRE banking sector wasn't reporting their bad loans properly.\""}
{"text": " I have an American Airlines VISA with miles that has no annual fee, but only because I request that they waive the fee each year. Word to the wise - they've never refused."}
{"text": " With an increasing age, old age people are become helpless and unable to walk, stand, eat and remember properly. They need help of others to do their daily work. Home health care aide stands by their side and assists them as they confront these issues."}
{"text": " \"You could not have two stocks both at $40, both with P/E 2, but one an EPS of $5 and the other $10.  EPS = Earnings Per Share P/E = Price per share/Earnings Per Share So, in your example, the stock with EPS of $5 has a P/E of 8, and the stock with an EPS of $10 has a P/E of 4.  So no, it's not valid way of looking at things, because your understanding of EPS and P/E is incorrect. Update: Ok, with that fixed, I think I understand your question better. This isn't a valid way of looking at P/E. You nailed one problem yourself at the end of the post: The tricky part is that you have to assume certain values remain   constant, I suppose But besides that, it still doesn't work. It seems to make sense in the context of investor psychology: if a stock is \"\"supposed to\"\" trade at a low P/E, like a utility, that it would stay at that low P/E, and thus a $1 worth of EPS increase would result in lower $$ price increase than a stock that was \"\"supposed to\"\" have a high P/E. And that would be true. But let's game it out: Scenario Say you have two stocks, ABC and XYZ. Both have $5 EPS. ABC is a utility, so it has a low P/E of 5, and thus trades at $25/share. XYZ is a high flying tech company, so it has a P/E of 10, thus trading at $50/share. If both companies increase their EPS by $1, to $6, and the P/Es remain the same, that means company ABC rises to $30, and company XYZ rises to $60. Hey! One went up $5, and the other $10, twice as much! That means XYZ was the better investment, right? Nope. You see, shares are not tokens, and you don't get an identical, arbitrary number of them. You make an investment, and that's in dollars. So, say you'd invested $1,000 in each. $1,000 in ABC buys you 40 shares. $1,000 in XYZ buys you 20 shares. Their EPS adds that buck, the shares rise to maintain P/E, and you have: ABC: $6 EPS at P/E 5 = $30/share. Position value = 40 shares x $30/share = $1,200 XYZ: $6 EPS at P/E 10 = $60/share. Position value = 20 shares x $60/share = $1,200 They both make you the exact same 20% profit. It makes sense when you think about it this way: a 20% increase in EPS is going to give you a 20% increase in price if the P/E is to remain constant. It doesn't matter what the dollar amount of the EPS or the share price is.\""}
{"text": " \"The most fundamental answer is that when you short a stock (or an ETF), you short a specific number of shares on a specific day, and you probably don't adjust this much as the price wobbles goes up and down. But an inverse fund is not tied to a specific start date, like your own transaction is.  It adjusts on an ongoing basis to maintain its full specified leverage at all times.  If the underlying index goes up, it has to effectively \"\"buy in\"\" because its collateral is no longer sufficient to support its open position.  On the other hand, if the underlying index goes down, that frees up collateral which is used to effectively short-sell more of the underlying.  So by design it will buy high and sell low, and so any volatility will pump money out of the fund. I say \"\"effectively\"\" because inverse funds use derivatives and contracts, rather than actually shorting the underlying security.   Which brings up the less fundamental issue.  These derivatives and contracts are relatively opaque; the counter-parties are in it for their own benefit, not yours; and the people who run the fund get their expenses regardless of how you do, and they are hard for you to monitor.  This is a hazardous combination.\""}
{"text": " Tell me about it. Looking for housing here when you're not one of those lucky millionaires sucks big time. For $2000 a month you can get a 950 square foot condo with two bedrooms and two bathrooms. What a deal!"}
{"text": " Once you own no shares for 31 days, it's game over. Even though the accounting has wash sales to consider, in the end, gains and losses all cancel to one net position of break even, gain or loss.  It's when there are shares remaining at the end of a period of time that the wash sale rules really impact the numbers."}
{"text": " I like this option, rather than exposing all 600k to market risk, I'd think of paying off the mortgage as a way to diversify my portfolio. Expose 400k to market risk, and get a guaranteed 3.75% return on that 200k (in essence). Then you can invest the money you were putting towards your mortgage each month.  The potential disadvantage, is that the extra 200k investment could earn significantly more than 3.75%, and you'd lose out on some money. Historically, the market beats 3.75%, and you'd come out ahead investing everything. There's no guarantee. You also don't have to keep your money invested, you can change your position down the road and pay off the house. I feel best about a paid off house, but I know that my sense of security carries opportunity cost. Up to you to decide how much risk you're willing to accept. Also, if you don't have an emergency fund, I'd set up that first and then go from there with investing/paying off house."}
{"text": " Sorry if I came of harsh, I've spent the last few years starting small businesses, and that's the most consistent message I've come across. Ideas don't get bought.   I know your research seems valuable to you, but these companies likely pay $3-10-50k for massive research studies that come in the form of custom written books. Your work has to be unique, thorough, and well presented on a level that can compare to be valuable to them. It would be far easier to sell them an existing client base, a phenomenal team, or better yet, defensible IP."}
{"text": " The same as when you are buying a car. If a dealer quotes 10k and you quote 8k. 8k is the buy price and 10k is the sell price.  Somebody might quote 8.5k and another dealer might quote 9.5k. The the new price that you see on your screen is 8.5k(Best buy price) and 9.5k(Best sell price). When the buyer and seller agree to an amount, the car(In your case stock) is traded."}
{"text": " I owned a restaurant for over 5 years. Sales tax was only collected on POST discount price, though every state that collects sales tax may have different laws regarding collection. For example, when a customer used a gift certificate, that did NOT reduce the amount that tax was collected on. Why? Because the restaurant at some point or another collected the full amount of the bill."}
{"text": " Over the last ten years you have reaped the benefits of a good financial decision. (Presumably your low mortgage has freed up money for other financial priorities.) There would be no harm in making a clean break by selling as is.  On the other hand, the resale value would probably be rather low considering the condition and the neighborhood. I don't want to assume too much here, but if a potential buyer is interested in the house by virtue of not being able to afford a house in a better neighborhood or better condition, their finances and credit history may make it difficult for them to be approved for a mortgage. That would reduce the potential buyer pool and further reduce the sale price. If you can pull more in rent than the mortgage, you definitely have an opportunity to come ahead. Maybe window A/C units and a repaired chimney are enough if you're renting. Your rental income would pay for that in less than a year even while paying your mortgage for you. (Of course you don't want to become a sleazy slumlord either.)"}
{"text": " \"Without all the details it's hard to tell what options you may have, but none of them are good.  When you cosign you are saying that, you believe the primary signer will make good on the loan, but that if he doesn't you will. You are 100% responsible for this debt. As such, there are some actions you can take. First, really try to stress to your friend, that they need to get you outta this loan. Urge them to re-finance with out you if they can. Next look for \"\"better\"\" ways of defaulting on the loan and take them. Depending on what the loan is for you could deed-in-lue or short sale. You may just have to admit default. If you work with the bank, and try not to drag out the process, you will likely end up in a better place down the line.  Also of importance is ownership. If you pay the loan, do you get ownership of the thing the loan was secured against? Usually not, but working with an attorney and the bank, maybe. For example, if it's a car, can the \"\"friend\"\" sign over the car to you, then you sell it, and reduce your debt.  Basically as a cosigner, you have some rights, but you have all the responsibilities. You need to talk to an attorney and possibly the bank, and see what your options are. At this point, if you think the friend is not that much of a friend anymore, it's time to make sure that any conversation you have with them is recorded in email, or on paper.\""}
{"text": " The other answers have offered some great advice, but here is an alternative that hasn't been mentioned yet. I'm assuming that you have an adequately-sized emergency fund in savings, and that your cars are your only non-mortgage debt. Since you still have car debt, you probably don't have anything saved for buying a new car when your current cars are at the end-of-life. Consider paying off your car loans early, then begin saving for your next car. Having cash in the bank for a car is very freeing, and it changes your mindset when it comes time to purchase a car, as it is easy to waste a lot of money on something that depreciates rapidly when you aren't paying for it immediately.  This approach might be counterintuitive if your car loan interest rate is less than your mortgage rate, but you will probably need another car before you need another house, and paying cash for a car is worth doing."}
{"text": " As an electric vehicle engineer... I can say that shitty 18650 batteries are not the only bottleneck in vehicle production. If your supply chain is completely dependant on out of date battery technolgy, one small part of an EV,  the vehicle will be postponed a great deal. There are many many facets to vehicle production than 1/5 of the powertrain."}
{"text": " Have you ever been so poor as to be destitute? Not just someone with a hard scrabble life but someone with no options? I come from a third world country and was so poor that sometimes, I went hungry for days and on others, had nothing more than a banana to eat. My parents pawned all their meager savings to ensure I got a good education and was supporting my parents straight out of college.   I am one of the lucky ones who got away but I had plenty of hard-working, honest and talented friends who are stuck. You need to walk in the shoes of these people.   It is not always so simple. There are quite a few youth who while away their time on Reddit, games, hanging out on the corners of streets and so on but for every such person, there is a Dad or a Mom with a medical condition, a child whose parents are uneducated and too poor to teach their children at home, people who are too ill physically or mentally to work and having large medical bills and families that are barely surviving. Yet, they have chosen the hard, honest life over one of crime and petty theft. These people deserve our respect, even when we disagree with them.   I am an extreme libertarian who thinks all government programs should be abolished but I respect the liberal viewpoint. Churches and charity are not always the answer. Many times, it is also one of chance and station in life.  Edit - Pardon the lack of structure. This thread touched a raw nerve, even as I leave my old life behind and move towards a brighter future.  Edit - Need to add for posterity that I came to the US as a skilled worker and legal immigrant, having been invited due to my skills in a particular field."}
{"text": " JS Group is a money related administrations gather in Pakistan. JS Group controls and works money related administrations organizations in Pakistan.Money related administrations of JS Group incorporate resource administration, business managing an account, organization inquire about, protection, venture keeping money, miniaturized scale fund and stock business. JS Group additionally has speculations all through Pakistan's economy, in the modern part, innovation and media segments, business land, vitality and characteristic assets. JS Group has its headquarter in Karachi."}
{"text": " \"The trouble is that everybody is afraid of the consequences of letting \"\"too big to fail\"\" fail. I contend that it would be painful, but we would be better off in the long run if we let those with bad economic practices go out of business instead of rewarding them.  Edit: It is like the difference between having a necessary needle shot quickly and sharply painful or having it slowing inserted and pulled out multiple times which is the equivalent of what we are going through now.\""}
{"text": " if more people wanted to short mortgages, the price of insurance on them would have gone up, and investors would have stopped wanting to buy them, which would cause interest rates on homes to go up, reducing the number of people who can buy homes out of their price range- which was a fundamental cause of the crisis"}
{"text": " An index fund is just copying the definition of an index. The group that defines the index determines how to weight the different parts of the index. The index fund just makes sure they invest the same way the index creator wants.  Think of a non-investment scenario. A teacher can grade tests, quizzes, homework, in-class assignments, research papers. They decide how much weight to give each category and how much weight to give each part of each category. when a student wants to see how they are doing they take the information in the syllabus, and generate a few formulas in a spreadsheet to calculate their current grade. They can also calculate what they need to get on the final exam to get the grade they want."}
{"text": " \"The best answer to this is: Read the fine print on your credit card agreement. What is common, at least in the US, is that you can make any charges you want during a time window.  When the date comes around that your statement balance is calculated, you will owe interest on any amount that is showing up as outstanding in your account.  Example...  To revise the example you gave, let's say Jan 1. your account balance was $0. Jan. 3rd you went out and spent $1,000.  Your account statement will be prepared every XX days... usually 30. So if your last statement was Dec. 27th, you can expect your next statement to be prepared ~Jan.24 or Jan. 27.  To be safe, (i.e. not accrue any interest charges) you will want to make sure that your balance shows $0 when your statement is next prepared.  So back to the example you gave--if your balance showed $1,000... and you paid it off, but then charged $2,000 to it... so that there was now a new set of $2,000 charges in your account, then the bank would begin charging you interest when your next statement was prepared.  Note that there are some cards that give you a certain number of days to pay off charges before accruing interest... it just goes back to my saying \"\"the best answer is read the fine print on your card agreement.\"\"\""}
{"text": " I understand your point now. When I first read your comment, I gathered that you were making a prediction of a 50% drop (thus my comment about the fool's errand of making predictions).  I now see that you were commenting on the high price volatility of gold and silver."}
{"text": " [&amp;#9733;&amp;#9733;&amp;#9733; Register To Vote &amp;#9733;&amp;#9733;&amp;#9733;](https://myvote.wi.gov/en-us/registertovote)   [**Randy Bryce**](https://randybryceforcongress.com/) is running against Paul Ryan.   [Donate](https://secure.actblue.com/donate/randy-bryce-for-congress-1) | [Reddit](https://www.reddit.com/r/RandyBryce) | [Facebook](https://www.facebook.com/RandyBryce2018) | [Twitter](https://twitter.com/IronStache)   Bryce supports universal health care, living wages, protecting Social Security and Medicare, affordable college, renewable energy, campaign finance reform, and DACA.    [**Cathy Myers**](https://cathymyersforcongress.com/) is running against Paul Ryan.   [Donate](https://secure.actblue.com/donate/cathy-for-congress-1?refcode=website) | [Facebook](https://www.facebook.com/cathymyersforcongress/)   [Map of Wisconsin District 1](https://www.govtrack.us/congress/members/WI/1)   ^(I'm a bot and I'm learning. Let me know how I can do better. I'll add candidates who will represent working-class people instead of billionaire political donors.)"}
{"text": " Is it sensible to keep savings in a foreign currency? The answer varies from one country to the next, but in the UK (or any other mature economy), I would advise against it. There are better ways to hedge against currency risks with the funds readily available to you through your ISA. You can keep your money relatively safe and liquid without ever paying a currency exchange fee."}
{"text": " Only they didn't work a day in their lives they received an inheritance of blood money built on the backs of minorities and exploited people. It's not entitlement to expect a good life when we have the means and ability to provide it to everyone. These people have so much money they have a responsibility to help mankind with it instead of encouraging further exploitation."}
{"text": " \"In summary: In long form: Spreads and shorts are not allowed in cash accounts, except for covered options. Brokers will allow clients to roll option positions in a single transaction, which look like spreads, but these are not actually \"\"sell to open\"\" transactions. \"\"Sell to open\"\" is forbidden in cash accounts. Short positions from closing the long half of a covered trade are verboten. Day-trading is allowed in both margin and cash accounts. However, \"\"pattern day-trading\"\" only applies to margin accounts, and requires a minimum account balance of $25,000. Cash accounts are free to buy and sell the same security on the same day over and over, provided that there is sufficient buying power to pay for opening a new position. Since proceeds are held for both stock and option sales in a cash account, that means buying power available at the start of the day will drop with each purchase and not rise again until settlement. Unsettled funds are available immediately within margin accounts, without restriction. In cash accounts, using unsettled funds to purchase securities will require you to hold the new position until funds settle -- otherwise your account will be blocked for \"\"free-riding\"\". Legally, you can buy securities in a cash account without available cash on deposit with the broker, but most brokers don't allow this, and some will aggressively liquidate any position that you are somehow able to enter for which you didn't have available cash already on deposit. In a margin account, margin can help gloss over the few days between purchase and deposit, allowing you to be somewhat more aggressive in investing funds. A margin account will allow you to make an investment if you feel the opportunity is right before requiring you to deposit the funds. See a great opportunity? With sufficient margin, you can open the trade immediately and then run to the bank to deposit funds, rather than being stuck waiting for funds to be credited to your account. Margin accounts might show up on your credit report. The possibility of losing more than you invested, having positions liquidated when you least expect it, your broker doing possibly stupid things in order to close out an over-margined account, and other consequences are all very serious risks of margin accounts. Although you mentioned awareness of this issue, any answer is not complete with mentioning those risks.\""}
{"text": " Sorry, but whether or not you drive in New York, the New York State Department of Motor Vehicles requires you to get a license in New York and surrender your California license. According to their website: If you become a   resident   of NYS, you must get a NYS driver   license within 30 days and surrender   your out-of-state driver license.   Normally, you cannot have a NYS driver   license and a driver license from   another state, but there are   exceptions. It is a violation of   Federal law to hold more than one   commercial driver license (CDL)."}
{"text": " There's only one hard constraint in there:  &gt;A population grown completely accustomed to a resource-intensive, globalized lifestyle relative to that enjoyed by almost any other country on Earth.  We do have to live within the limits of real resources. Labor, energy, commodities, clean air, water, etc.  Fortunately, we're not *at* the limits on those things right now and the rest of the problems are financial. Financial problems have financial solutions and those are always within our grasp *if* we [understand how the monetary system works](http://moslereconomics.com/mandatory-readings/soft-currency-economics/) and manage the poltiical coordination to get things done."}
{"text": " Whats been interesting is for the past decade, Meijer, our big box store pushed to atleast 50/50 self check out.   The past year they have gotten rid of all but a few. The money they lost to petty theft using self check out more than pays for hiring more workers for the check out lanes."}
{"text": " Wrong. If an industry needs 3 widget makers, and there are only 2 widget makers on Earth, their salary is going to be dramatically higher  (and thus cut into margins) than a world where 3 are needed but 30 exist.   To claim that supply and demand doesn't exist in the labor market or isn't a primary driver of wages is so fallacious that it's nothing short of retarded."}
{"text": " Not doing this would defeat the entire purpose of a VAT. The reason for a VAT rather than a simple sales tax is that it's harder to evade. Having a simple sales tax with the type of rates that VAT taxes typically are is unworkable because evasion is too easy. Imagine I'm a retailer. I buy products from a wholesaler and sell them to consumers. With a sales tax, if I don't charge the customer sales tax, the customer is happy and I don't care (assuming I don't get caught). And if I keep the sales tax but don't report the sale, I make a lot of money. Now, imagine a VAT. If I don't charge the customer the VAT, I lose money since I paid the VAT on the wholesale products. And if I don't report the sale, how do I claim my VAT refund?"}
{"text": " \"You're asking an intensely debatable question.   You'll have some people believe that the short-term effects on tax cuts will be an increase in the deficit, but long-term provide more economic prosperity that then eventually translates into higher tax revenue (the Laffer Curve). You'll have others state that it'll simply increase government debt and make us even more indebted, and the benefits of tax cuts will be marginal at best.  Large enough shocks, such as a war, cause market downturns due to heightened uncertainty. These are pretty unavoidable (we had a small shock with North Korea's nuke test).   &gt; I ask because the economic fundamentals of U.S/Western Europe are strong.  Why do you think this?   &gt; B. What will be the geopolitical result? Does China back NK to prevent a immigration crisi/power vacuum or do they side with the UN/U.S and allow military destruction of NK in the event of a NK-started war?  Also intensely debatable. Does China grow too tired of NK and simply acquire it itself? Does it keep it separate as a distraction to pin down U.S. attention? Does the U.S. pre-emptively strike NK leadership? Does it leave a vacuum there, close enough that China can keep an eye on it, or does it \"\"surge\"\" like Iraq? Would South Korea get it?   These are extremely open-ended questions that could have debates rage around them for years.\""}
{"text": " \"Everyone has items that they consistently purchase.  I don't really need to see a picture of JIF Peanut Butter in order to buy it. Also if all you do is make a list at your computer and then put it aside until you're ready to purchase, it can now be down w/ voice commands.  Google has never hidden their desire to build Star Trek's \"\"Computer\"\" so all of this seems in-line w/ that.\""}
{"text": " &gt;What makes you think anything would change? If they allowed Match money to be distributed tax free, they are missing out on a future tax revenue opportunity.  I agree that it's highly unlikely that matching contributions would be made entirely tax-free. If anything, I would expect employer contributions to be treated the same way that after-tax (non-Roth) 401(k) contributions are treated today to the extent that they exceed the new contribution limits. It's also possible that only individual contribution limits will be reduced and employer contribution limits will remain much higher - I haven't seen any reporting on the latter.  &gt;I think the more likely way they would stick it to us is to sunset the Roth 401(k) all together and make plans go back to the old school pre-tax and after-tax only, where even the earnings on after-tax are taxed at distribution.  I'm optimistic that Roth 401(k)s are here to stay. Trump's priorities seem to be centered around short-term budget characteristics with far less concern for the long-term (as is characteristic of populist administrations in general), and eliminating Roth 401(k)s would be unpopular and have a negligible impact on tax revenue in the short term."}
{"text": " Free healthcare is not a human right and the affordable care act is not healthcare, it's mandated health insurance - a guarantee of payment to private insurance companies. It is a tax on the poor. They can't afford the rising healthcare costs from the bubble ACA created, so now they have to pay a fine. That's a tax. In America, if you go into a hospital without insurance, you will be treated. But now, if you don't have insurance, you're also a criminal. It's the slow, constant creep of socialism. You can free yourself by becoming a member of a health share that is cash-based and exempt from the ACA tax penalty. I use Samaritan Ministries (top rated) and it's been a great experience."}
{"text": " \"Piggybacking on this, the best thing you can do is ask current analysts for help. You're new and people expect you to ask dumb questions at this point. So ask them now while you still get a pass.  With that being said, there's a strategy to it. Before you ever ask a question, spend at least 5 minutes trying to figure out the answer on your own. OP did a Google search, which is great. So many people won't do this. Finally, the way you ask the question is key. I would go to an analyst and say, \"\"[Boss] asked me to get a list of all US apartment flooring companies. I looked on Google to see if I could find anything there. If you were doing this, where would you go to find the information?\"\"  They'll usually even walk you through how to do it if there's something special with the service you have for the task. You'll also make them feel important. And you'll get the task done fast.  Also, if you run into trouble with the boss after presenting it, you can always back yourself up by saying you asked around the office for what tool to use and people told you to use that. But be strategic with how you say it because you don't want to throw anyone under the bus.\""}
{"text": " Does the Spanish market, or any other market in euroland, have the equivalent of ETF's?  If so there ought to be one that is based on something like the US S&P500 or Russell 3000. Otherwise you might check for local offices of large mutual fund companies such as Vanguard, Schwab etc to see it they have funds for sale there in Spain that invest in the US markets.  I know for example Schwab has something for Swiss residents to invest in the US market.  Do bear in mind that while the US has a stated policy of a 'strong dollar', that's not really what we've seen in practice.  So there is substantial 'currency risk' of the dollar falling vs the euro, which could result in a loss for you.  (otoh, if the Euro falls out of bed, you'd be sitting pretty.)  Guess it all depends on how good your crystal ball is."}
{"text": " Yes. It was a very trying time. The company management and board were basically incompetent, and they fired the CEO, who was a great guy.  The company went from being worth essentially nothing, to a billion dollars in less than 5 years. And it got that successful despite the management and directors rather than because of them.  The amazing staff held the company together, and made it successful, while the board concentrated on in-fighting, and management concentrated on lining its pockets with stock options."}
{"text": " People have been saying that since it's launch. I believe facebook will be around for awhile. They have too much valuable data and are continuing to expand the platform. For example, they are trying to include AI into Facebook's messenger. As much as ppl hate Facebook, they are here to stay. And to answer ur question, I would think most of their money comes from ads and what not. That's why google hates them haha"}
{"text": " Your taxable income is your total income from however many sources of income you have. If you are in employment and doing self-employed job at the same time, your taxable income will be a combination of both incomes.  For example if in employment you make \u00a310000 and self employed you make another \u00a310000 - your total income is \u00a320000 and this is your taxable income.  And even if your self-employed job does not bring you more than personal allowance, how would HMRC know that without you filling-in tax return?"}
{"text": " \"The other answers are talking about seller financing.  There is another type of arrangement that might be described as \"\"writing your own mortgage,\"\" where the buyer arranges his (or her) own financing.  Instead of using a bank, a buyer might find his own investor to hold the mortgage for him. An example would be if I were to buy a house that needs fixing up.  I might be able to buy a house for $40,000, but after I fix it up, I believe it will sell for $100,000.  Instead of going through a traditional mortgage bank, I find an investor with cash that agrees the house is a good deal, and we arrange for the investor to provide funds for the purchase of the house on a short-term basis (perhaps interest-only), during which I fix up the house and sell it.  Just like a regular mortgage, the loan is backed by the house itself. I am not recommending this type of arrangement by any means, but this article does a good job of describing how this would work.  It is written by a real-estate guru with lots of training courses and coaching materials that she would like to sell you.  :)\""}
{"text": " Firstly, it should be noted that the period of the investment is  all of the years 2007 to 2017 inclusive. This totals (temporarily removing one shoe and sock to extend counting range) 11 years!  Not the 9 of the OP and the accepted answer... Secondly, there are various definitions of average rate of return.  One would be : What constant annual rate of return, compounded annually, will yield   the same result as the given investment? Unfortunately, this results in an equation that cannot be solved by ordinary algebraic methods.  If r is the desired annual rate, then the equation is: (1+r)^11 * 10000 = 14567 Using logarithms: log(1 + r) = log(1.4567)/11 r = 3.4789%"}
{"text": " Talk about coincidence, we just recieved letters from our bank saying that our interest only loans will be going up by 0.46% and if we want to keep our lower rate we will need to change early to P&I. Now our Interest only periods end in 6 months to about 16 months anyway. We have decided to change to P&I early and save on our interest expenses. Why? Because the main purpose of investing is to make money not to save on tax. Even if you are on the highest marginal tax rate for every extra dollar of expenses you spend and claim as a deduction you will only get about 50 cents back through tax savings. If you are on the lowest marginal tax rate your tax savings will reduce to less than 20 cents for every extra dollar spent. If you are investing in order to save on tax you may be investing for the wrong reasons. Your primary reason for investing should be to make money, for wealth creation. A good reason to stay with an Interest only loan for an investment property would be if you require the extra cash flow you would receive compared with an I&P loan."}
{"text": " The money is still their money, it never becomes your money. The reason is as follows, The books now look like this:  YOU: Asset: Mattress Liability: 600   THEM: Asset: 600 Liability: Mattress  Now, in their books, they mistakenly thought the mattress was returned, and therefore they returned the mattress to you. The books now look like this  YOU: Asset: Mattress Liability: 600   THEM: Asset: Mattress (incorrect) Liability: 0  As you see, their books are wrong, but yours are still correct. According to your books, you owe them $600, which you paid, but then they paid you back. You still have the liability. Why not just depreciate the mattress by 50% over two years? Then there will be no liability on your books."}
{"text": " \"Relax im not picking on you, I just think its hilarious that people actually think saying \"\"my college's student investment fund valued this stock\"\" holds any legitimacy. Also, if i was back office I wouldnt be an IB analyst would I? So your dig at me doesnt make any sense.\""}
{"text": " \"Given the place of games in mainstream culture, you won't be astonished to find that the interest for games tickets for an extensive variety of occasions has soar as of late. The NBA basketball is more popular in the USA. NBA b-ball round out the \"\"real four\"\" associations. In case you're attempting to locate the best NBA playoffs ticket at sensible costs, Eticket Pros is the place to be. We've assembled an amazing determination of tickets for the NBA's most smoking groups, without a moment to spare during the current year's playoff activity.\""}
{"text": " It's not really like google is stepping into a new business, it's still just a search function. They're taking one product (search) and making it more full featured.  This would be like TicketMaster being upset you could buy tickets directly from the venues website and you found the website through Google."}
{"text": " \"It's interesting that the federal government actually has a set of criteria they use to fight against gangs by labeling them as \"\"Transnational Crime Group.\"\"  What would happen if they applied the same standards to these corporations?  How similar are their current strategies for dealing with both?\""}
{"text": " \"So I've done some digging and have some new information.   I looked up Beam in California's business search and found Beam Financial, registered in November of 2015 by Yinan Du, incorporated in Delaware.  Searched Delaware's database and found a listing from 6/24/2014 with the agent \"\"National Registered Agents, Inc\"\"--not much to go on from that.   Some Google Sluething and it appears that Du was previously in charge of something called 24quan.com (not entirely sure what that business was).   Still trying to figure out which bank will be covering them for FDIC and when they will launch.\""}
{"text": " how is it double taxation when you didn't start off with that extra $100?  it's double taxation if they taxed you on the total amount you pulled out of the market, not the profit you made.   explain the math on your last part, please."}
{"text": " \"Right - if you want to blame the banks for the unsustainable \"\"NINJA\"\" loans they gave out, you can't turn around and slam them for not lending to people in struggling financial positions. Pick your poison.  A better solution would be for the government to step in to this gap and re-finance mortgages themselves, but the Republican party has made that politically unsustainable.\""}
{"text": " \"The purpose of the emergency fund is to enable you to pay for unplanned necessary expenses without going into debt.  You know that cars don't last forever and eventually need to be replaced. Ideally, you would have a \"\"car replacement fund\"\" which you contribute to a little every month. (Essentially, it is a car payment to yourself.)  Then when it comes time to get a replacement car, you have money set aside for this purpose and know exactly how much you can spend.  However, in your case it seems that you don't have enough money in your car replacement fund for the car that you want.  There are a few different causes that might have led to this situation: Due to unforeseen circumstances, you need a replacement car before you thought you would need it.  You find that your planning was not quite right, and you weren't saving as much as you need.  You are trying to buy a more expensive car than you need.  If a replacement car is a necessity, two of these are emergencies, one is not.  If you don't have enough cash set aside for a car, it is certainly better to spend your emergency fund and pay cash than to borrow money to buy the car. Only you can decide if the car you are looking at is appropriate for you, or if you should be looking at a less expensive car. After you purchase the car, build your emergency fund back up first, then start saving for your next car.\""}
{"text": " Law Office of Daniel J. Caplis Each year, millions of people get injured to the point where they need medical treatment. According to the Centers for Disease Control (CDC), an estimated 31 million people will suffer an injury in a given year. Of those, two million will need to be hospitalized, and 162,000 will die from their injuries."}
{"text": " \"Yea, I saw that too. It doesn't change the fact that what I quoted is still the current idea of socialism.  Edit: also, you realise we're probably the last two people that will ever read these comments, right? You don't have to keep downvoting me just because you disagree.  I hope you work through whatever it is that's really weighing on you. Maybe go for a nice long walk through the mountains or something. I know I need to go again soon. Been cooped up for too long recently.  For the record, I don't get my political views from 4chan or Fox News. It's kind of lame that you just jumped directly to that. It indicates that your mind has gone way down the \"\"us vs. them\"\" tribalism path.  I know this kind of went on a tangent. I'm pretty tired. But really, I hope things work out.\""}
{"text": " if you put a mcdonald's job on your resume and you are over the age of 25 in a non-white collar position, i guarantee 95% of hiring managers will never call you back. well-paying jobs these days are mostly office based, and hiring managers have a hell of a bias against your non-middle income and above demographic"}
{"text": " In some cases, we when we see an opportunity to save our clients money, without risking valuable coverage or diminishing benefits, we make certain recommendations for more affordable life insurance. One of these strategies is laddering (or layering) term lengths, or term maturities. The strategy is simple. While most people who are considering longer terms, such as 20 or 30 year term, purchase a single policy to fit their needs, the laddering strategy has you purchase two policies totaling the same amount of coverage you currently need, but with a shorter length term mixed with the longer term. For example, instead of purchasing a 30 year term for $1 million dollars, you might purchase two policies for $500,000 each, one with a 15 year term, and the other with a 30 year term. The result is typically a savings of 15%-25% on your term life insurance. Just be aware that the plan going in is to let the first policy go (the one with the shorter term length) when its level term has expired. For example in a 15 year term, the premiums will be guaranteed to stay level the first 15 years, and then increase every year thereafter. There is typically a sizable jump in rates in that 16th year. Clients often see rates increase 8-10 times or more. Therefore, it\u2019s important you understand that going in, and realize you will most likely let that first policy go when the premiums increase, leaving you with the second policy through the end of its (longer) level term. You can crunch some numbers with our laddering calculator: https://www.jrcinsurancegroup.com/term-life-insurance-laddering-calculator/"}
{"text": " \"At this point, I want to tell you two things:  1. I truly believe that you are very concerned about racial hate and damage to society. You truly want Germany to help those in serious need. You are a fine person! I have the same concerns and approach.  2. I am a Jew, with many original family members in Germany now (almost all my family ran away from Germany and Czech Republic before WWII, few got hurt, and after WWII, some returned back, and to Germany).  So all this argument I have with you is not so much about Germans, who some of them risked their lives to save few members of my family. Yes, Germans almost died to saved some of my family.   It's about a concern for a misguided policy in Germany to allow AGAIN the rise of intolerance and racial problems, of which, for sure, Jews will be the victims again, but mostly other minorities, but not (!) Muslims.   If you did not know, the word \"\"anti-semitism\"\" was invented by Germans, and it is supposed to be against the semite race. European Jews are hardly semite but all Muslims and Arabs are pure true semites. Yet, Hitler and Muslims worked together and collaborated against Jews. Muslims were not killed by Germany.  (If you did not know, yes, all Jews were semites, but 2000 years in Europe, after expelled from ancient Israel 2000 years ago by the Romans, made the Jews in Europe hardly semite. Meanwhile, most Jews (60%) in Israel are not of European descent as they ended up in northern Africa and Asia and ALL(!) of them expelled from the Arabs/Muslim countries when Israel was established in 1948. Do you know that Hitler sent the Jews of Libya and other north Africa Arab/Muslim countries to concentration camps? But not any Libyans or other Arab/Muslims?)  SO, ALLOW me go the other direction with you now: do migrants get fined, houses raided and sent to jail over racist and intolerant sayings and actions? How about their religious leaders?  Sheikh Abu Bilal Ismail, speaking at the Al Nur mosque in Berlin, called upon Allah to \u201cdestroy the Zionist Jews\u201d. And nothing was done to him by the German government.  However, an old German lady was fined and her house was raided.  Think about it.  This will not end good with Germany!!!! Think it's early 1930 in Germany. Nobody could predict what happened 10 years later.  **I highly(!!!) respect Germans as they have very high and good standards in every respect. Something to admire! But, because of that, shown many times in the past, not only the 1930s, Germany is the last country that should be experimented in regards to racial tensions and rising problems (crime, intolerance, fanatic religious people, etc).**  Crime by migrants in Germany is up considerably, [Read here](https://counterjihadreport.com/2016/02/page/8/)   Read about Sheikh Abu Bilal Ismail in Germany [here](http://forward.com/news/world/202751/germany-warns-against-hate-speech-after-imam-calls/)\""}
{"text": " USANA for all generations. USANA vitamins are the most convenient ways to get your daily dose of nutrition. USANA's Health Pack 100 is a nutritional supplement pack that offer a comprehensive daily supplement regimen with a full daily dose of the USANA Essentials, providing you with optimal and balanced antioxidant activity - day and night. USANA is literally a worldwide organization. You can too become successful with USANA business."}
{"text": " \"It's interesting that you use so many different risk measures. Here's what I'd like to know more in detail:  1) About the use of VaR. I've heard (from a friend, may be unreliable) that some investment managers like Neuberger Berman doesn't use VaR for assessing risk and maintaining capital adequacy requirements. Rather, some firms only rely on tracking error, beta, standard deviation, etc. Why do you think is this so? Isn't VaR supposed to be a widely accepted risk measure.  2) The whole \"\"Expected Shortfall vs. VaR\"\" debate. I've read some papers comparing Expected Shortfall and VaR. Mainly, they criticize VaR for not being able to consider the 1% probability left where losses can (probably) skyrocket to infinity. If I need to choose between the two, which do you think is better and why?\""}
{"text": " You don't mention any specific numbers, so I'll answer in generalities. Say I buy a call option today, and I short the underlying stock with the delta. The value will be the value of the option you bought less the value of the stock you are short. (your premium is not included in the value since it's a sunk cost, but is reflected in your profit/loss) So, say I go out and adjust my portfolio, so I am still delta short in the underlying. It's still the value of your options, less the value of the underlying you are short. What is my PnL over this period? The end value of your portfolio less what you paid for that value, namely the money you received shorting the underlyings less the premium you paid for the option."}
{"text": " \"There is so much wrong in what you wrote.   A) You keep saying that it isn't right or good to do what you are advocating, implying that you are being forced to do it. The laws of capitalism are not ironclad, we live in a society that gives us the means to set ground rules. And even without these ground rules, a company could decide to set a higher standard, and many have in the past.  B) The existence of outsourcing doesn't apply here. You can't outsource a walmart cashier.  C) Even if outsourcing was part of the equation just saying \"\"well it is all fucked\"\" isn't the answer. There are ways around this from fighting for labor rights across the world, to less savory ideas like tariffs.   D) WTF does \"\"fiscally sensible (although not so much in the United States, in some cases)\"\" even mean? You seem to be implying that the US is horribly fiscially irresponsible in comparison to other countries. Have you heard of: Greece, Ireland, Portugal, and Spain? Also, going back to your argument that fair labor laws are impossible have you looked at Germany?  Edit: Also, Walmart employees are unionized everywhere outside of North America.\""}
{"text": " I'll agree with the other commenter. There is a ton more to sales than speaking the language and being a decent public speaker. Unless you know what you're getting into and feel confident you can get it done (or you believe that the company is willing to help you learn and grow as a salesperson and that's interesting to you from a career development perspective), I'd recommend avoiding a sales role and encouraging your boss to hire an actual sales person who meets his or her criteria.   EDIT: Source: am startup founder with no sales background who is having to do founder selling right now and learning just how hard it is."}
{"text": " caro collega copywriter o aspirante copywriter,  voglio proseguire oggi con la seconda parte della struttura di una lettera di vendita.  Continuo a considerare questa parte di importanza fondamentale perch\u00e9 attraverso questo strumento tutte le capacit\u00e0 e conoscenze di un copywriter trovano il modo di produrre le vendite sperate.  Ero rimasta al secondo punto e ora proseguo.  Il terzo punto nella struttura di una lettera di presentazione \u00e8:  Scarsit\u00e0"}
{"text": " Fill out the form manually, using last year's return as an example of how to report these gains.  Or experiment with one of the low-priced tax programs; I've been told that they are available for as little as $17, and if your alternative is doing it manually, spending a bit of time checking their results isn't a huge problem. Or run the basic TTax, and tell it to add the appropriate forms manually. It supports them, it just doesn't have the interview sections to handle them. (@DanielCarson's answer has more details about that.) Or..."}
{"text": " it would help the economy tremendously.  even better, the US govt should give households massive amounts of money, to pay off debts.  and if they dont have debts they should go spend that money in the economy.   That type of economic stimulous would generate more revenue and taxes for govt to help pay off the US govt debt it accrues by printing money."}
{"text": " You don't have much choice other than to open an account in your business name, then do a money transfer, as @DJClayworth says.  You will not  without providing your name and street address and possibly other information that you may consider to be of a private nature. This is due to laws about fraud, money laundering and consumer protection. I'm not saying that's what you have in mind! But without accountability of the sort provided by names and street addresses, banks would be facilitating crimes of many sorts, which is why regulatory agencies enforce disclosure requirements."}
{"text": " How exactly would these companies be broken up?   They also don't fit any meaningful definition of monopolies. Facebook has plenty of competition from Snapchat and Twitter and there is always a new upstart that can come along. Google has competition in nearly every venture it's invested in besides search. But the thing is that these companies don't make their money off of any of that: they make it all off of advertising. And in the advertising space, the two companies compete tooth and nail with each other\u2014along with all the other ad companies that they've largely beat out."}
{"text": " Yes, it does. Housing will not satisfy the overburdening population in years to come. Housing, jobs, cost of living, and rising populations have been problematic for generations.  You could just blame your parents for having you.   Perhaps you are in denial. You certainly choose to spend more time feuding and arguing on reddit than any other attempt to contribute anything to society that benefits more than just yourselves."}
{"text": " \"&gt;Because selling gold and buying dollars has an effect on the market: it reduces the value of gold, and increases the value of dollars.  Ah, but with all the business you'd do in gold, you'd constantly be increasing the value of gold. Think of it!  I'm pretty sure that most people want to be paid in dollars not simply because of the fact that their taxes have to be paid in it, but because of it's universality. Not everyone has a use for a sack of barley, or a fish, or some gold dust. But you can buy whatever you want with an amount of dollars.   &gt;As the value of gold increases over time, the government taxes the increased value as \"\"capital gains tax\"\".  It's only taxed at a 15.5% rate, IIRC. You'd probably come out ahead.\""}
{"text": " \"&gt; What's their benchmark for considering the deal \"\"done\"\"? Getting out employee checks with the name of the new company?   Well, there's usually about an 18-month consolidation window after the deal closes to combine operations before the market really starts wondering why you're burning through cash supporting a closed M&amp;A. That's going to include the removal and/or consolidation of redundant business units from HR, to marketing, etc.   From an IT perspective though, the business *usually* completely ignores the fact that modern white-collar businesses are essentially different formulations of businesses leveraging IT or severely underestimates how reliant they are on technology. That is, the consolidation of business units needs to include the consolidation of IT for economies of scale to be realized. It's fine and dandy to say your direct reports are being consolidated under business unit X but what if your HR program PeopleSoft and theirs is successfactors? How much time and money is that going to take to select the best system and get all of your shit in one place? Rule of thumb? 4x whatever the buisness thinks and 1.5x what the IT guy says. What about your identity platforms? What if, god forbid, you are an entirely IBM shop and the acquired company is entirely Microsoft? What about those old fuckin mainframes plenty of insurance companies and banks are keeping around? All that data needs to get moved/consolidated/etc.   I'm there to annoy the shit out of the business so when the board says \"\"did this ever come up\"\" our VPs and CIO can say \"\"yeah, here are the documents\"\" and then they start firing management. :D\""}
{"text": " \"As you note, your question is inherently opinion-based.  That said, if I were in your situation I would sell the stock all at once and buy whatever it is you want to buy (hopefully some index ETF or mutual fund). According to what I see, the current value of the HD stock is about $8500 and the JNJ stock is worth less than $500.  With a total investment of less than $10,000, any gain you are likely to miss by liquidating now is not going to be huge in absolute terms. This is doubly true since you were given the stock, so you have no specific reason to believe it will do well at all.  If you had picked it yourself based on careful analysis, it could be worth keeping if you \"\"believed in yourself\"\" (or even if you just wanted to test your acumen), but as it is the stock is essentially random.  Even if you want to pursue an aggressive allocation, it doesn't make sense to allocate everything to one stock for no reason.  If you were going to put everything in one stock, you'd want it to be a stock you had analyzed and picked.  (I still think it would be a bad idea, but at least it would be a more defensible idea.) So I would say the risk of your lopsided allocation (just two companies, with more than 90% of the value in just one) outweighs any risk of missing out on a gain.  If news breaks tomorrow that the CEO of Home Depot has been embezzling (or if Trump decides to go on the Twitter warpath for some reason), your investment could disappear. Another common way to think about it is: if you had $9000 today to buy stocks with, would you buy $8500 worth of HD and $500 worth of JNJ?  If not, it probably doesn't make sense to hold them just because you happen to have them. The only potential exception to my advice above would be tax considerations.  You didn't mention what your basis in the stock is.  Looking at historical prices, it looks like if all the stock was 20 years old you'd have a gain of about $8000, and if all of it was 10 years old you'd have a gain of about $6000.  If your tax situation is such that selling all the stock at once would push you into a higher tax bracket, it might make sense to sell only enough to fit into your current bracket, and sell the rest next year.  However, I think this situation is unlikely because: A) since the stock has been held for a long time, most of the gains will be at the lower long-term rate; B) if you have solid income, you can probably afford the tax; and C) if you don't have solid income, your long-term capital gains rate will likely be zero.\""}
{"text": " \"To be at a dinner next to a \"\"big shot at a giant Wall Street investment bank\"\" to me makes me think they weren't at Applebee's. This guy went to Princeton. This may be a huge generalization but that sounds like a privileged life. Luck would be Eddie Murphy begging on the street when 2 old farts make him a partner in the company. That's lucky as hell. This dude is ivy league and thus run in the circles of success plus he also delivers the goods as a writer. It turns out he's successful. To me it's not really *that* lucky it's more about the cultivation of opportunities and focus.\""}
{"text": " \"I hear you (and those answering) use the words \"\"my money\"\" (or \"\"me to pay for stuff\"\") The sooner that ends, the better off you'll both be. My wife and I do have our own checking accounts that we maintain so she can write a check without notifying me, or I can buy her a birthday/mother's day/ etc gift without it showing in the joint account, but nearly all money flows through our joint account. Before we were married, the joint bank accounts were opened as was the joint brokerage account.  You need to work on the budget as a single project and without judging. It's good that your incomes are similar, it makes the dynamics of pooling seem more fair, but for those where one spouse is making far more than the other, the impulse to 'chip in' equally towards bills leaves the lower earner with nothing.  Will your wife go back to work after a maternity leave? Once she's back, and working for a time, things will settle down a bit. There's a postpartum time that's difficult. Women who have been through it will tell you that it can be pretty bad, and the best a guy can do is be understanding and supportive. As long as you are talking \"\"we\"\" with your wife, she'll see that you are both in it together. At the risk of sounding sexist, Women's clothing needs are different than men's. I could get away with owning 5 suits which could be replaced at the rate of one per year. If not for my wife, I can see in my own daughter how clothing makes her feel good about herself, and while I'm frugal with most of our budget, my clothing questions are 2 - Will it last? & Will it match other pieces you have? Therefore, clothing gets a line item all its own in the budget.  There are a number of financial things to consider, but I see you are in the UK, so I'll generalize. In the States, there are pretax benefits to help care for a child under 13 (called a dependent care account) and for medical expenses not covered by insurance (called flexible spending account). These let you take money from your pay pretax to use for specific expenses. If UK offers similar, I invite a user to edit the detail into my answer.  Last - once the kid comes into our lives, there's little room for many of the late teen/early 20's spending. Comics? DVDs? Those are the low hanging fruit of wasted money. Saving for retirement, and for University for the kid take priority.  I'm not one to quote cliches but a friend once offered this observation - \"\"If you are not happy but your wife is happy, you are still far happier than if you were happy but your wife is not happy.\"\"\""}
{"text": " None of the insurance cost increases will change regardless of Obama getting re-elected.  They're tied into the ACA, and that won't be repealed, even if Obama loses the election.  They're not going to be able to get a repeal through the new senate, regardless of how this election turns out.  And most definitely there's zero chance of a new law going through before January 1st regardless of the election."}
{"text": " You would have paid $880.00 plus commission in this case, and made $85 before commissions. How much you would have made on expiration depends on the price that TSLA has on April 1, which hasn't come yet.  If it expires worthless, you typically don't pay a commission but you will have lost the full $880.  If it expires in the money and you want to exercise it, then you would pay a commission (often different than the commission to buy/sell the option itself) and you would have 100 shares of TSLA.  You won't know how much you make or lose in this case until you ultimately sell the shares of TSLA."}
{"text": " Choosing an activity class for your child is easy now, as today there is lot of focus and importance given to Pre-School and Activity Centre, these Pre-School and Activity Centre are now in huge demand, these school and centres are now properly looked as profession with more and more people getting into it and putting up a proper management and SOP\u2019s to run the schools and centre, there are few companies backed by corporates and run through proper management.  Parents are constantly looking at more than one way to enroll their kids in some activity class, so as to engage them into activities that can help them become better, healthier and active individuals. As parents now, not only wants the child to be properly educated, they also want the child to be developed with the best extracurricular activities. Activity Centres in Chembur play an important role in the development of the skills of the child, they help the child to horn their skills and showcase their talent."}
{"text": " Now, technically she is supposed to pay rent, but legally I am not sure. Her name is not there in the rental agreement so she is not eligible to pay the rent. Since, she is already living in the same house, there is some basic courtesy to pay the $200. Now thing here is how are we going to divide it? If she is paying $200, will that be deducted out of your room mate's or yours. Fact of the matter is, who is taking more space and who is paying for it, since there is no change to your space, you should continue paying the same amount, because there is no change in your space as you mentioned before. Moreover the fact that she is paying the utilities is good enough because that is shared by all 3. So keep the arrangement like somewhat like this, you pay half the rent + utilities, and your friend and his girlfriend will pay their share of the rent which is equal to yours, and they will share the utilities too. Hope this makes sense.   Thanks, Thenicejerk"}
{"text": " See the Moneychimp site. From 1934 to 2006, the S&P returned an 'average' 12.81%. But the CAGR was 11.26%.  I wrote an article Average Return vs Compound Annual Growth to address this issue.  Interesting that over time only a few funds have managed to get anywhere near this return, but the low cost indexer can get the long term CAGR minus .05% or so, if they wish."}
{"text": " And at&amp;t's deal with them looks more lucrative now, yet both stocks haven't seen the boost others have been having from positive financials above prediction.  One hypothesis is that people still just don't trust old school tv anymore since everything is moving to the web. What do you guys think?"}
{"text": " \"You'd need to talk with an attorney familiar with Social Security, or an appropriately qualified SSA representative to be sure - but all signs point to the idea that unfortunately Social Security does not work the way your father was told it would. And if he doesn't file to receive benefits the reality is actually much worse than \"\"throwing away free money\"\"! However, this is not due to a complete misunderstanding of the system! Social Security does work the way he thinks in some instances, just that the rules don't apply to his exact situation! First of all, retroactive benefits come in a few forms: File and suspend to get a lump only if you really need it - BEFORE the age of 70 only! In this method you apply for retirement, but you tell the SSA to suspend/delay your benefits. You are entitled to full lump sum of the payments you deferred...but at a cost of getting lower monthly benefits permanently (and that also lowers spousal and dependent children's benefits, too - if those could apply to your dad). But note that at the age of 70, Social Security will stop deferring the payments and start paying you the full maximum retirement benefit monthly, with no lump sum. This is a kind of emergency insurance policy for those who want to try to defer retirement benefits, but who want the opportunity to cash out and get the money they would have been getting \"\"just in case\"\". You can get up to 6 months of retroactive benefits, such as if you wait past your exact retirement age to apply for benefits. But no more: \"\"we cannot pay retroactive benefits for any month before you reached full retirement age or more than 6 months in the past\"\". As for after-death benefits, an estate can only get benefits that were already due to be paid, which generally means a person died and did not get their benefits for that month, so SSA can re-issue a check to the estate following these rules. But as a person cannot be due a lump sum payment after age 70 (for more than 6 months at most), the estate will only be able to get at most 1-6 months of payments (and 6 months is doubtful - you'll need to ask a lawyer if that much would even be possible). If your father was below 70 and wanted to file-and-suspend, the question of lump on death would be more complex and I don't know that answer - but once you are past 70 this doesn't matter any more as you aren't due a lump anymore. Given the above, we've established pretty clearly that if you don't claim your benefits within 6 months after age 70, any months of payment you would have gotten are just forfeited to the system. But if you claim the benefits and stick them in the bank, can they be taken? Well, if a lawsuit is really a worry, then yes these accumulated funds can required to pay a debt - but this potential for loss can be protected against without forfeiting the benefits entirely! This is not very common, but if your father doesn't need the money now he may be able to deposit some of the money into a special partially-lawsuit protected format of the Roth IRA (which has no age limits) as detailed here. If he never gets sued, that's OK - it's still his money! If he passes away, the value goes to his estate and does not disappear. And he doesn't forfeit any of his earned retirement benefits. Finally, I would like to share one last thing with you and your father. These benefits aren't free - he has been paying a portion of his paycheck for decades into Social Security, and now he is eligible for the maximum amount of benefits per month that he will qualify for - and if he wants to keep working he loses no benefit and the amount could potentially even go up. That's up to him. But not filing for benefits now will mean that all this money he's been paying in for decades will just be lost - they'll basically just be a tax he's paid out to other retirees. His estate (which means you kids) won't get any of it, either. That'd just be a waste for everyone involved. If you have continued doubts or questions, I wouldn't hesitate to consult a specialist lawyer or talk with the SSA directly to make sure this is all correct. It's his money, and he has earned his benefits for many years. I very much hope he gets to enjoy as much of them as he can!\""}
{"text": " \"I think history is repeating itself. Remember when Apple was \"\"better\"\" than the PC b/c it just worked in the 80's. But then what happened over time? The PC took over b/c it was an open platform. The fact that it didn't just work proved to be an asset in the long run. I see the same thing happening with smart phones and tablet. Sure, the iphone/ipad just work and android devices crash here and there, just like PC's back in the day, but I think history will repeat itself and the very thing that makes the iphone/ipad successful will ultimately be its undoing. Same old shit.\""}
{"text": " This is a clear example of annuities, where you are trying to find Net Present Value (NPV). To find a quick solution you can use the excel function (=NPV). Solving it without excel is slightly more complicated. You have to use the annuities formula:  (Payment/rate) * (1 - 1/(1+r)^n )  This formula can be written in many different ways, this is one of the simplest.  So how do we translate that to your problem? For the first option: -5000/0.04 * (1 - 1/(1.04^2 ) = -9430.47 If you haven't made this years 5000 payment you have to subtract this years 5000, so option 1 would equal -14430,47.  Option 2 is similar -2000/0.04 (1 - 1/(1.04^10 ) = -16221.79 WAIT! You also have to subtract the initial cost so option 2 is -36221.79  So in essence, option 1 is better (but you will have to buy a machine sooner or later).  Part 2 (discount rate = 12%) is for you to understand the importance of high rates in long periods of time (like option 2's 10 years)    EDIT: For clearer formulas. Also made a mistake calculating option 2"}
{"text": " If only we had something else a person could use when they are feeling run down and want to take a break.  A person could even use these days to go on a vacation or something to really get away and relax.  Maybe we could even call them 'vacation days'."}
{"text": " \"This is common. He worked there for 2 years under this scheme, so I'm guessing he was cool with it. Lawsuits pop up when they get mad at management. (*\"\"I worked 70 hours a week for 2 years and they pass me up on the promotion? Hell no, lawsuit time.\"\"*)  These mutually beneficial arrangements are almost always agreed on by employer and employee. Employees need hours, employers do not want to pay overtime.\""}
{"text": " \"&gt; What does it even mean for something \"\"to come out of IT's budget?\"\"  From the IT managers perspective he has a budget of X dollars to allocate. When X dollars are spent that's it, he isn't allowed to spend any more.   If unforeseen expenses are incurred (e.g. the computers for the new hires) and deducted from his budget that leaves a deficit that has to account for, usually by dropping something else he had previously though urgent enough to spend money on.  How this is represented in the books is of no interest to the IT manager. His world view is limited to \u201cI had X dollars, now I only have X-Y dollars.\u201d\""}
{"text": " \"If you do so in proportions to match juice, then yeah, you have juice (with added colorings, which are listed in the ingredients).  There's a reason there are limits, and that's to prevent such pedantry as what you suggest. There are small losses or gains allowed. Rarely does any industry hit things dead on.  For example, when making ham, one can add water (brine), and then cook the product, and as long as the finished product is not more than 0.9% from the original weight of the ham, it isn't \"\"water added.\"\" It's pretty amazing what modern equipment can do, but I still can't hit the green weight dead on every time.\""}
{"text": " It depends upon in how many currencies your business is denominated. If your business is solely dependent upon this one payer, it's best to start up a new set of books in USD.  All accounts should be translated from CAD from a date preceding the USD activity.  The CAD books should be closed, and all should be done with the new USD books. If your business will continue to use both USD & CAD, it's best to have two sets of books, one for USD and one for CAD.   Multi-currency books are a nightmare and should be avoided at all costs. Also, with the way you describe your situation, it appears as if you're also blending your household and business books.  This should also be avoided for best practices."}
{"text": " Also look not only into these sand companies, but the railroad companies offering logistics services for them.  In general, the Minnesota/Wisconsin mines have massive traffic and its putting a strain on the distribution, so it creates opportunities for some.  The shipping (often a service provided by these sand companies) can comprise over half the price of the sand."}
{"text": " \"We initially attempted to do this when we bought our house and found the listing agents \"\"resistant\"\" to say the least.  For a variety of reasons (not just the commission), we ultimately decided to hire a buyer's agent, but we focused on buyer's agents that would pass some of their commission back to us.  We used Redfin, but I think there may be others now. One \"\"gotcha\"\" even on this, is that, if you're getting a mortgage, the mortgage company may also have something to say about this situation.  We had to apply the agent's rebate to our closing costs, we could not take it away in cash.\""}
{"text": " The 'uber' rich because they take chances that others aren't willing to. They also are rich because they make products people like.   Take for instance Apple [or whatever smartphone/computer brand your so privileged to own] ,like them or not they make a great product (determined by the market). If the market didn't like it (Microsoft Zune) then it'll fail.   As for the risk aspect, starting a business takes a TON of risk, and only after much strife and hardships can a business have potential to reach great heights. You think starting Popeyes's was easy? You think franchising is easy? Absolutely not!  You sit there in your privileged high-horse saying the rich should pay because they make something you like and helped to succeed. It's like wanting something for free.   Buy phone -&gt; Others buy phone -&gt; Complain about the rich and vote for UBI -&gt; Get extra $ you wouldn't have gotten otherwise-&gt; Spend that extra $ on the next years phone"}
{"text": " \"It's all about what you value personally. I'm mid-30s and drive a $40K \"\"luxury\"\" sports car.  I also happen to wear a $6K wristwatch every day.  I purchased both of these items because I thought they were beautiful when I saw them. On the flip side, because I spent 6 years living below the poverty line, I instinctively spend almost nothing on a daily basis.  My food budget is less than $50 a week, and I never go out to eat.  I wear my clothes and shoes and coats until they have holes, and I drove my previous car (a Toyota) into the ground.  My cell phone is 5 years old.  The walls of my apartment are bare.  I don't have cable TV, I don't subscribe to newspapers or magazines, and I don't own a pet.  In all of these cases I don't feel like I'm \"\"sacrificing\"\" anything; food and clothes and cell phones and pets just don't matter to me. If you truly feel that you're missing something in your life by not having a luxury car -- that owning one would be more satisfying than owning the corresponding tens of thousands of dollars -- then go for it.  Just be sure to consider all the other things that money could buy before you do. Lastly, buy in cash.  Don't make monthly payments unless you enjoy giving money away to the bank!\""}
{"text": " I was under the impression that Congress needed the President's Signature for a bill to become law, and the President has the power of Veto. In reality he has quite a bit to say about policy, especially because neither party would have a 3/4 vote to overrule a veto."}
{"text": " There are some calculators that you can use to figure out the best approach, such as this one by CNN. But in general the rule of thumb tends to be the following: For the purposes of the Best Buy card, I would put it up there at number one so you don't get hit with the deferred interest. No point in giving them more money if you can pay them before the end of the cycle.  Next, I would look at what you have for emergency savings, if you have an account established and that is at a comfortable number than putting the money towards the Citi card might be good, otherwise, split part of the money between savings and the credit cards. If an emergency pops up you don't want to dig a deeper hole because you can't pay for something with cash."}
{"text": " \"I believe it's still pretty general, and just mentions life sciences as a possible use. Some of the course may be in that context. The \"\"difficulty\"\" on the side says the course is intermediate, so there might be a possibility that it'll be maybe a little rough for beginners to R, and possibly very difficult for beginners to programming on the whole.\""}
{"text": " &gt; Baltimore - 50 Years Of Liberal Welfare State Policies  Okay.  &gt; Baltimore has a corrupt, reckless, out of control police department enabled by a crooked and incompetent Baltimore politicians.  So your argument is that Baltimore has a cancerous police department and Democrat controlled city government has not fixed the problem so Democrat social policies are to blame.  Did I miss something?  &gt; Dirving Through Detroit At Night \u2013 What 50 Years of Democrat Rule Looks Like  Unless you are going to argue that Democrat policies are responsible for the Chrysler and GM going into Chapter 11 bankruptcy, I think you know this is pointing the finger in the wrong direction."}
{"text": " Yep. My dad lost his (really high paying) job in 2009 and it took him 9 months to find it. They had to sell off a lot of stock to get through it, at a time when the stocks were half of what they were a year earlier. Now he's 64 and not even considering retiring before 70 or death, whichever comes first.   I definitely believe that the death of the pension is going to be the worst thing for boomers. My generation never grew up with them - for us they're like a fairy tale. But many boomers grew up where nobody ever saved for retirement and always kicked the can down the road. SS is really only enough to keep seniors from starving to death, and not much more."}
{"text": " Lobbyists encourage legislators to add clauses to bills that help their clients save money on taxes or avoid taxes.  The income tax on hedge fund managers is a good example of that.    Some lobbyist actually craft the legislation and then give it to the legislator to get passed.    In the case of Manafort he may be responsible for the mysterious disappearance of a plank in the GOP platform.  There was a plank calling for the arming of the Ukrainians which Putin and Viktor Yanukovich wanted removed.  It was removed and nobody claims to know how it happened."}
{"text": " I keep several savings accounts. I use an online-only bank that makes it very easy to open a new account in about 2 minutes. I keep the following accounts: Emergency Fund with 2 months of expenses. I pretend this money doesn't even exist. But if something happened that I needed money right away, I can get it. 6 6-month term CDs, with one maturing every month, each with 1 month's worth of expenses. This way, every month, I'll have a CD that matures with the money I would need that month if I lose my job or some other emergency that prevents me from working. You won't make as much interest on the 6-month term, but you'll have cash every month if you need it. Goal-specific accounts: I keep an account that I make a 'car payment' into every month so I'll have a down-payment saved when I'm ready to buy a car, and I'm used to making a payment, so it's not an additional expense if I need a loan. I also keep a vacation account so when it's time to take the family to Disneyland, I know how much I can budget for the trip. General savings: The 'everything else' account. When I just NEED to buy a new LCD TV on Black Friday, that's where I go without touching my emergency funds."}
{"text": " The fees for Vanguard and Fidelity IRA housing cannot be lower, because they are zero.  Depending on the fund you invest in, one or the other will have pretty low fees and are often the lowest in the industry. I don't qualify for TIAA-CREF, but my mother does and she loves them.  She can call up and get some advice for free.  I would not qualify it as the best advice in the world, but it certainly isn't horrible.   So it really depends on what you are looking for.  If you want a little investment advice, I would go with TIAA-CREF.  If you are a do it yourself-er go with Vanguard."}
{"text": " As opposed to our constant and unrelenting inflation, yes.  Under normal circumstances, I'd rather neither.  But honestly, right now, yes I think deflation would not be terrible.  As I said, prices would decrease, it would ease the burden on lots of families and it would take years of non-stop deflation before wages fell.  So yes, in the short term."}
{"text": " What is shocking to me are statements like this:  &gt;Basically, the MID encourages affluent homeowners to buy more extravagant homes than they otherwise would.   No shit sherlock. When anyone is buying a home and they have $X/mo to spend, they factor in the deduction and conclude they can spend 10-30% more on a house, so they buy bigger or more expensive houses. Its like the authors of the law thought people would spend the same amount on a house regardless of the deduction rather than factor in the deduction into what they can afford."}
{"text": " Straight line in this example should be just the $2MM per year.  I don't think the author of the problem intended you to use anything in the actual tax code like MACRS.  I think the goal of the problem is to get you to identify the value of the depreciation tax shield and how the depreciation does affect your cash flow by reducing your taxes, even though depreciation itself is not a cash event."}
{"text": " \"&gt; Ummm I bet we didn't 'work less'.  I'll take that bet.  \"\"Research studies suggest that hunter-gatherers' work somewhere between 20 and 40 hours a week, on average, depending on just what you count as work. Moreover, they do not work according to the clock; they work when the time is ripe for the work to be done and when they feel like it. There is ample time in hunter-gatherers' lives for leisure activities, including games of many sorts, playful religious ceremonies, making and playing musical instruments, singing, dancing, traveling to other bands to visit friends and relatives, gossiping, and just lying around and relaxing. The life of the typical hunter-gatherer looks a lot like your life and mine when we are on vacation at a camp with friends.\"\"  https://www.psychologytoday.com/blog/freedom-learn/200907/play-makes-us-human-v-why-hunter-gatherers-work-is-play\""}
{"text": " Geloman Indian Spares have a wide selection of Indian Motorcycles and vintage motorcycle spare parts. We give the offer on the all spare parts at affordable prices. Whether you're a first-time buyer or an experienced rider. Indian 101 Scout being named as the best motorcycle parts to have been made. Lighter framed bikes were introduced in 1932 and this is when the standard version was introduced."}
{"text": " I understand what you're saying and I don't disagree. It depends on the case I guess. I don't think it's so egregious in this case because CEOs in the plural usually refers to prominence rather than the majority, at least as the default definition people fall back on when one is not provided.  I just don't think people think of the average CEO of One Shop Mom &amp; Pop corp or companies that aren't multimillion or multimillion dollar enterprises. But then again why are my assumptions any better than anyone else's? Maybe my perception of what a CEO is by default isn't as common as I think and by whose criteria is it right?"}
{"text": " The BPO companies provide round-the-clock service to cater the customer\u2019s requirement. The majority of good BPO companies provide 24/7 service, in order answer the queries and concerns of their client\u2019s end customers. These experts are fully-trained and they do a regular follow-up for the complaint raised by the customers and do their best for resolving the customer\u2019s complaint to his satisfaction. This enhances the C-Sat (Customer satisfaction) and the credibility of the company."}
{"text": " None of what you said is correct. Wells Fargo makes over half of it's net income from community banking. Investment Banking is tucked inside of the Wholesale division and represents a relatively small piece of that. Wells' auto portfolio is at $58 billion; by no means as large as say the mortgage exposure, but certainly nothing to sneeze at."}
{"text": " So I agree with some of your points, but title 2 puts us in a decent place until the ruling body starts to understand technology and starts passing laws to stop oligopoly tendencies we have in the market now.   Edit: deleted my other comment. Not sure why it doubled my comment."}
{"text": " \"When we calculate the realized yield of a bond, we assume the coupons are invested at an interest rate. I assume it is some kind of vehicle that guarantees a return, thinking it is government bond, savings account or something. Investing in a benchmark bond index might be risky though for this \"\"interest rate\"\".\""}
{"text": " If you go traditional financing there is a chance it'd be syndicated amongst a bank group. That is going to add a little depth to your credit agreement id imagine. You thinking a term loan with a 7-10 amortization? I've never seen a LOC more than 5 years out."}
{"text": " Does your employer prefund benefits for employees that haven't even been born yet?  Or better yet, their parents haven't even been born yet. They're required to fund their pension plan 75 years in ADVANCE.  There is literally no other government, nor private agency required to do that because it's asinine.  Congress was purposely trying to bankrupt the perfectly functional post office in order to sell it off to the highest bidder.  As a Chicagoan, let me tell you that privatizing public assets does NOT work.  Edit for spelling"}
{"text": " I believe that article provides some good reasons, though it may be a bit light on technical details and there are likely other reasons a company would do it. So, if they can finance for less then they would lose to taxes by bringing the money home and they do not take on too much debt, this will likely work just fine and increase share holder value. Hopefully, someone else can provide some other reasonable scenarios. The bottom line is that it does not matter how they finance the share buybacks and/or dividend payments as long as they do not shoot themselves in the foot while doing it."}
{"text": " \"Dunno if you saw the recent NYT article [Trump and the True Meaning of Idiot](https://www.nytimes.com/2017/06/12/opinion/trump-and-the-true-meaning-of-idiot.html). It's amazingly not about boring insults but rather a interesting look at the etymology of the word \"\"idiot\"\", which echoes some of the themes you just mentioned.  It's a topic similar to one I've explored myself in my own writings as [Tax Policy and the Dewey Decimal System](http://netsettlement.blogspot.com/2009/02/tax-policy-and-dewey-decimal-system.html).  I think integrating personal goals into societal goals is something we don't all see the same, and push comes to shove on that \"\"rugged individualist\"\" thing.\""}
{"text": " \"Yes, you must file North Carolina AND South Carolina income tax. If you live in one state and work in another, the income is potentially taxed twice. Most states give a credit for taxes paid to the other state. Often you pay the tax in the state where you worked, and then if the tax rate in the state where you live is higher, you pay the difference. But the details depend on the tax laws of the two states involved. I'm not an expert on either Carolina's tax laws. Start by getting the forms and instructions from both states and see what they say. Or if you're using tax software, see if it handles this case. If someone else on here knows the specifics of the tax laws for the Carolinas, I gladly yield. :-) Many states establish \"\"reciprocity agreements\"\" with other states, usually the neighboring states, that generally say that if the state you live in and the state you work in are both party to the agreement, then you only pay tax in the state you live in. This simplifies things a lot. Unfortunately, neither North Carolina nor South Carolina have such agreements with each other or with any other state.\""}
{"text": " First of all, consult an accountant who is familiar with tax laws and online businesses. While most accountants know tax laws, fewer know how to handle online income like you describe although the number is growing. Right now, since you're a minor, this complicates things a bit. That's why you'll need a tax accountant to come up with the best business structure to use. You'll need to keep your own records to estimate your quarterly taxes. At the amount you're making, you'll want to do this since you'll pay a substantial penalty at the end of the year if you don't. You can use a small business accounting software package for this or just track everything using Excel or the like.  As long as taxes are paid, you won't go to jail. But you need to pay them along with any penalties by April 15, 2013. If you don't do this, then the IRS will want to have a 'discussion' with you."}
{"text": " Actually, with at least 95% confidence, they did not overlook any better qualified person for this job.  Because they did not even look for a qualified person.   She got the job because someone knows her or she knows someone.  Worse: any qualified Security person who worked for her would be demoralized by her lack of talent. So my guess is that the whole Security department at Equifax is full of people with little talent. She probably will get rid of anyone in the department who challenged her... like any real boss."}
{"text": " Given your timeframe, risk tolerance, and the fact that you don't need this money, I would suggest a balanced approach. Something like: If you want to have fun investing, you could look into things like lendingclub, or bonds, or stocks, etc. But an allocation like I've outlined above is a pretty good balance of risk and reward over that timeframe."}
{"text": " Credit cards always charge for withdrawing cash, because if they didn't then you could have an indefinite loan and pay no interest simply by withdrawing enough cash each month to pay off the previous month's bill before the due date. It's nothing to do with using an ATM -- they'll charge you for getting a cash advance over the counter as well."}
{"text": " 1. Actually, you are wrong!  2. If food is cheaper and better when produced in a lab, then it does not matter that we have enough food produced (in a much more expensive, labor intensive, slow and harmful for the environment way.)"}
{"text": " \"Discussing individual stocks is discouraged here, so I'll make my answer somewhat generic. Keep in mind, some companies go public in a way that takes the shares that are held by the investment VCs (venture capitalists) and cashes them out of their positions, i.e. most if not all shares are made public. In that case, the day after IPO, the original investors have their money, and, short of the risk of being sued for fraud, could not care less what the stock does.  Other companies float a small portion up front, and retain the rest. This is a way of creating a market and valuing the company, but not floating so many shares the market has trouble absorbing it. This stock has a \"\"Shares Outstanding\"\" of 2.74B but has only floated 757.21M. The nearly 2 billion shares held by the original investors certainly impact their wallets with how this IPO went.  See the key statistics for the details.\""}
{"text": " I wouldn't recommend leveraged dividend fishing. Dividend stocks with such high dividends are highly volatile, you will run out of collateral to cover your trades very quickly"}
{"text": " Are you serious?  They're a US government department, of course they will always want USD.  If they ever offer the option to pay in bitcoin it won't be at par, but with a significant fee on top of the amount you owe.  And that fee will go specifically to what they will have to do which is turn around and convert your bitcoin into real money."}
{"text": " \"You are not wrong. This is called the \"\"Broken Window\"\" fallacy in economics. Imagine if 20% of a population was employed to go around breaking windows.  This would stimulate the economy as many people would have to be employed to make new windows, repair the broken windows, etc..  The problem is that everyone would have been better off if they didn't have to spend their valuable resources on repairing a perfectly functioning window. Although many people will be employed to rebuild Japan, this doesn't improve the standard of living for the folks in Japan.\""}
{"text": " If it is more convenient for you - sure, go ahead and create another account. Generally, when you give someone a check - the money is no longer yours. So according to the constructive receipt doctrine, you've paid, whether the check was cashed or not. The QB is reflecting the correct matter of things. It doesn't matter that you're cash-based, the money still laying on your account because you gave someone a check that hasn't been cashed - is not your money and shouldn't be reflected in your books as such."}
{"text": " Do developing country equities have a higher return and/or lower risk   than emerging market equities?  Generally in finance you get payed more for taking risk.  Riskier stocks over the long run return more than less risky bonds, for instance.  Developing market equity is expected to give less return over the long run as it is generally less risky than emerging market equity.  One way to see that is the amount you pay for one rupee/lira/dollar/euro worth of company earnings is fewer rupees/lira and more dollars/euros. when measured in the emerging market's currency?  This makes this question interesting.  Risky emerging currencies like the rupee tend to devalue over time against less risky currencies euro/dollars/yen like where most international investment ends up, but the results are rather wild.  Think how badly Brazil has done recently and how relatively well the rupee has been doing.   This adds to the returns (roughly based on interest rates) of foreign stocks from the point of view of a emerging market investor on average but has really wild variations. Do you have data for this over a long timeframe (decades), ideally for multiple countries? Not really, unfortunately.  Good data for emerging markets is a fairly new phenomenon and even where it does exist decades ago it would have been very hard to invest like we can now so it likely is not comparable. Does foreign equity pay more or less when measured in rupees (or other   emerging market currency)? Probably less on average (theoretically and empirically) all things included though the evidence is not strong, but there is a massive amount of risk in a portfolio that is 85% in a single emerging market currency.  Think about if you were a Brazilian and needed to retire now and 85% of your portfolio was in the Real.  International goods like gas would be really expensive and your local currency portfolio would seem paltry right now.  If you want to bet on emerging markets in the long run I would suggest that you at least spread the risk over many emerging markets and add a good chunk developed to the mix. As for investing goals, it's just to maximize my return in INR, or maximize my risk-adjusted return. That is up to you, but the goal I generally recommend is making sure you are comfortable in retirement.  This usually involves looking for returns are high in the long run, but not having a ton of risk in a single currency or a single market.  There are reasons to believe a little bias toward your homeland is good as fees tend to be lower on local investments and local investments tend to track closer to your retirement costs, but too much can be very dangerous even for countries with stronger currencies, say Greece."}
{"text": " When a store operates their salesforce on commission, commission rates are highest on the highest profit items for the store. This just means that the sales force will be even more pushy about the extended warranty and the gold plated HDMI cable. Because those are cash cows for the store, and the salesforce will be incentivized to push them."}
{"text": " It depends on which of the big4. Some of them have more revenue and profit from consulting than from audit. Specifically, some of the big4 have failed at growing their consulting business to be competitive with the consulting arms of other firms and/or sold off their consulting groups and are in the process of rebuilding."}
{"text": " It's best to start hard then get nicer if you want.  Make a quick example of anyone who gives you grief or tests you. Others will then quickly fall in line. Some people are like children and need a firm hand.  Firm, Fair, and Frank.  A little Machiavellian I know but speaking from experience it works."}
{"text": " \"I manage a bunch of rental cabins in a rural area that only has access to phone and internet with CenturyLink.  We have 16 accounts with them.  They are, by significant measure, one of the worst companies I've ever dealt with (worse than Comcast).  I've long wondered how long it would take for the rest of the country to figure this out since Comcast and TWC tend to get all the anger.  CenturyLink is far worse.  Sheer management-level incompetence where it takes 10-15 minutes to find an account in 4 or 5 different CRM systems, passed back and forth between different parts of the globe.  Zero remorse for missing appointments and, apparently, no ability to record that appointments were missed and fix/make up for it.  I could go on and on.  Do everything you can to steer clear of CenturyLink.  PS.  And yes, the phantom \"\"what the fuck is that!!\"\" charge suddenly showing up on your account has happened to us too.  PPS. Another awesome thing - the DSL packages they sell in rural areas that flatly do. not. work.  Rebooting routers a dozen times per day.  Speeds (when working) of .3 or .4 mbps.  Half of the internet accounts we pay for are worthless.\""}
{"text": " eallan already touched on this, but generally speaking there is a tendency in this country to lump unions together and put the shortcomings of one local or one unit or one member onto all of them. An example would be the issue of corruption; many people cry about rampant corruption in unions when in fact only somewhere between 1-2% of locals have ever had any corruption charges, whereas I'd be willing to bet that the corruption rate is much higher in the corporate world.  &gt; Honestly, I cant think of any reason for minimum wage paying jobs to have a union. If you think the wages are too low for cost of living then the minimum wage should be raised. These people have no special skills, little to no training, and usually no education.  Genuine question: What reasons do you think someone would/could have for joining a union? Why would base pay/education/skill level of the job be a consideration?    Just so we're on the same page: Collective bargaining came about because workers in certain areas were pissed-off enough that they realized that to improve their situation they had to come together as a group, because only as a group did they have any leverage. All workers have the right to collective bargaining, rights which were signed into law because pissed-off workers were doing it anyway, and the regulation of the practice helped smooth it out and drastically cut down on violence and debilitating drops in production.    It takes quite a feeling of injustice and exploitation when not friends, not family, but colleagues, some of which may not even like each other, start seeing that they share common problems, and decide to tie the fate of their working lives to one another. And give up like 1-2% of their paychecks. Especially in a country with an individualistic culture like the US.   So if workers at certain Wal-Marts feel like working conditions are that bad for them, then I can't see why they shouldn't organize."}
{"text": " \"Agree with Randy, if debt and debt reduction was all about math, nobody would be in debt.  It is an emotional game. If you've taken care of the reasons you're in debt, changed your behaviors, then start focusing on the math of getting it done faster.   Otherwise, if you don't have a handle on the behaviors that got you there, you're just going to get more rope to hang yourself with.  I.e., makes sense to take a low-interest home equity loan to pay off high-interest credit card debt, but more likely than not, you'll just re-rack up the debt on the cards because you never fixed the behavior that put you into debt. Same thing here, if you opt not to contribute to \"\"pay off the cards\"\" without fixing the debt-accumulating behaviors, what you're going to do is stay in debt AND not provide for retirement. Take the match until you're certain you have your debt accumulation habits in check.\""}
{"text": " Yes, you should be able to deduct at least some of these expenses.  For expense incurred before you started the business: What Are Deductible Startup Costs? The IRS defines \u201cstartup costs\u201d as deductible capital expenses that are used to pay for: 1) The cost of \u201cinvestigating the creation or acquisition of an active trade or business.\u201d This includes costs incurred for surveying markets, product analysis, labor supply, visiting potential business locations and similar expenditures. 2) The cost of getting a business ready to operate (before you open your doors or start generating income). These include employee training and wages, consultant fees, advertising, and travel costs associated with finding suppliers, distributors, and customers. These expenses can only be claimed if your research and preparation ends with the formation of a successful business. The IRS has more information on how to claim the expenses if you don\u2019t go into business. https://www.sba.gov/blogs/startup-cost-tax-deductions-how-write-expense-starting-your-business Once your business is underway, you can deduct expenses, but the exact details depend on how you organized.  If you're a sole proprietor for tax purposes, then you'll deduct them on Schedule C of your Form 1040 on your personal tax.  If you are a partnership, C-Corp, or S-Corp, they will be accounted at the business level and either passed on to you on a Schedule K (partnership and S-Corp) or deducted directly by the company (C-Corp). In any case, you will need good records that justify your expenses as business related. It might be well worth at least an initial meeting with a CPA to make sure that you get started on the right foot."}
{"text": " \"&gt; Barclays said the actions \"\"fell well short of standards\"\". Chief executive Bob Diamond is to give up his \u00a32.7m bonus.  Such a harsh self-punishment, especially when he pulled in over \u00a317 million last year.\""}
{"text": " Yea that's all fine and dandy if you have the resources to afford not having a reliable income while you take the risk of being entrepreneurial.    One of my good friends just sold his company to yelp for $9mil.  Good for him, I wish him the best.  But it's easy to justify taking the risk of starting your own company if your parents are worth $200mil and bought you a $3mil house.  In that situation, you aren't actually taking a risk."}
{"text": " The thing is that employment is a part of a loop, not an end in and of itself.  You work to make money.  You make money to spend it.  Other people work to give you what you spend money on so they can get that money etc.  If your problem is that there isn't enough production to meet demand then employment will rise and people will meet that demand.  On the other hand if something external disrupts the cycle and you get mass unemployment for some reason that will depress demand since all those people don't have money to spend anymore.  Thus there is lower demand for services since there is less money to pay for those services.  This is the downward spiral of a Depression.  My worry is that if we keep supplanting all the manual labor jobs (eventually including most retail in this) then who's going to be buying those services?"}
{"text": " I think Jobs had an impact based on his ideas, if you look at Apple under Scully and then again when Jobs came back there was a clear difference. The real test will be what happens to Apple now that he's gone for good."}
{"text": " Don't feel bad man. I have a finance degree and an information systems degree a 3.5 gpa, speak 3 languages, competent in several programming languages, helped run my family business for 3+ years and I had to take a IT internship role at an insurance company through co-op. Did that for 16 months and just sat for CFA L1. All that on my resume I got 0 love during recruitment. Passed up for even Back office positions at banks for kids who have goofy degrees and lower GPAs.  If you're a non-target like me this is how it is. With hard work and intelligence we will get what we want though. I suggest looking into the CFA program."}
{"text": " Does the op feel criminals should not be punished ...and in fact, should they have their every whim catered to; ensuring maximum comfort, convenience, and entertainment?   If convicted criminals should spend time behind bars; who should pay for it. You? Me? or the criminal?"}
{"text": " \"In futures, once you have established your position, you will earn or lose money depending on what the underlying does.  Theoretically, if you had no stop, you could lose far more than you invested.  An option will slowly lose all its value if the stock does not rise (assume it is out of the money when purchased).  Depending on the strike, it could rise substantially and you'd still lose all your money.  But you can't lose more than you put in.  So options have limited risk compared to futures, at the expense of a decaying \"\"time value\"\" that you will effectively be paying while holding the option.\""}
{"text": " Start with researching in the field of Organizational Behavior, that's the *broad* name of the field you're looking for.    1. This guy on youtube is pretty cool, just don't get sucked in his promotional stuff (take the free stuff) https://www.youtube.com/user/ramitsethi  2. **Read for Robert Greene: Mastery, Seduction, 48 Laws of Power**   3. Maslow Hierarchy of needs   3. Read: How to Win Friends and Influence People      Just for kicks: read: Snakes in Suits: When Psychopaths Go to Work.  Hope this helps."}
{"text": " \"There are several types of financial advisors. Some are associated with brokerages and insurance companies and the like. Their services are often free. On the other hand, the advice they give you will generally be strongly biased toward their own company's products, and may be biased toward their own profits rather than your gains. (Remember, anything free is being paid for by someone, and if you don't know who it's generally going to be you.) There are some who are good, but I couldn't give you any advice on finding them. Others are not associated with any of the above, and serve entirely as experts who can suggest ways of distributing your money based on your own needs versus resources versus risk-tolerance, without any affiliation to any particular company.  Consulting these folks does cost you (or, if it's offered as a benefit, your employer) some money, but their fiduciary responsibility is clearly to you rather than to someone else. They aren't likely to suggest you try anything very sexy, but when it comes to your primary long-term savings \"\"exciting\"\" is usually not a good thing. The folks I spoke to were of the latter type. They looked at my savings and my plans, talked to me about my risk tolerance and my goals, picked a fairly \"\"standard\"\" strategy from their files, ran simulations against it to sanity-check it, and gave me a suggested mix of low-overhead index fund types that takes almost zero effort to maintain (rebalance occasionally between funds), has acceptable levels of risk, and (I admit I've been lucky) has been delivering more than acceptable returns. Nothing exciting, but even though I'm relatively risk-tolerant I'd say excitement is the last thing I need in my long-term savings. I should actually talk to them again some time soon to sanity-check a few things; they can also offer advice on other financial decisions (whether/when I might want to talk to charities about gift annuity plans, whether Roth versus traditional 401(k) makes any difference at all at this point in my career, and so on).\""}
{"text": " I'm kind of shocked that no formal behavioral modeling has been proposed as an explanation yet. One such model would be steep (hyperbolic, quasi-hyperbolic) discounting.  Consumers would rather pay for popcorn later than for an expensive movie ticket now.  For instance, consumers might when purchasing the ticket see a low value of popcorn and view the ticket price as the whole price because they do not predict purchasing popcorn.  Then when entering the theater, the present value of popcorn is very high and they purchase it.  There might therefore be a market for a commitment device (such as a popcornless theater) to make the appropriate decision ex-ante.  Another commitment device that seems to be practiced is when individuals sneak their own popcorn into the theater.  They may not actually want the popcorn, but by bringing their own they ensure they do not purchase the theater's."}
{"text": " \"The title obviously implies it's an opinion piece. I don't how this escapes you. Unbiased articles are rare and emotional digs/crying about leadership happen to be majority of \"\"news\"\" these days anyways - including the NYT. Is an obvious opinion piece wrong? No. You missed the entire point of the article starting at the title.\""}
{"text": " Manufacturing *employment*. Manufacturing *output* has increased.  The people who used to be employed in manufacturing are slowly being shuffled to places where they can be more productive rather than taking up space in jobs where they have become extraneous due to productivity gains. This means a lot of retraining is necessary but there's really little alternative.  This has nothing whatsoever with the growth potential of the economy, so I'm not sure why you brought it up."}
{"text": " \"I can't tell if you're just very stupid, young, or trolling.  You insist that if we don't like taxes we can just, \"\"go to Somalia.\"\" WHICH IS NOT TRUE. Even if I did simply want to stop being American and live in Somalia I still have to pay taxes.  If it was totally free to leave you'd have a point - that I'm opting in to being here after the fact by not leaving. But that's just not the case. There is a real cost to leaving and renouncing citizenship and thus there is an aspect of being under duress to this \"\"agreement\"\" you claim we make.  Edit: Do you seriously not understand that these are exit taxes that I am talking about and not your regular income/property/whatever taxes?\""}
{"text": " The Fed rate is so important because it sets a cost on lending institutions (banks, credit unions). It is the rate of interest that a bank gets by loaning its cash overnight to the Fed. Presumably, the Fed then loans the cash to other institutions around the world.  The banks loan money to individuals at a higher rate. Savers get a rate between what the Fed gives and what the bank gets. When times are tough the Fed will lower their rate to try to increase the lending that banks do. This is called Qualitive Easing.  The overnight rate is very low right now. That means that the Fed cannot lower rates to try to stimulate the economy. So to enable the Fed to do its voodoo they have to raise rates so that later they can lower them if needed."}
{"text": " The interest in your account is usually calculated based on the average monthly balance. What the bank will do is try to figure out how much money did you have on average over the month and give you interest on that amount. For example, if you had 10k on deposit and took it out half way through the month, you will still receive interest on about 5k, based on a monthly rate. What I would do is read in detail your agreement with the bank to figure out if your interest is based on an average annual balance and is paid at the end of the year or if it is based on a different measurement. Also, I would be very careful if this is a CD account, since they will have early withdrawal fees. Hope this helps."}
{"text": " Yep. Definitely troll.   Deregulation made it possible for anyone to start an airline and then airlines without unions kicked the snot out of unionized airlines. Same plane, same airports, and the flight costs $350 to fly on an airline with unionized employees or $300 to fly on an airline without the unions.   Guess which one the public picked?"}
{"text": " To Chris' comment, find out if the assignment commission is the same as the commission for an executed trade. If that does affect the profit, just let it expire.  I've had spreads (buy a call, sell a higher strike call, same dates) so deep in the money, I just made sense to let both exercise at expiration. Don't panic if all legs ofthe trade don't show until Sunday or even Monday morning."}
{"text": " Yeah I live in Portland, not far from seattle. Housing crises here too. 1 bedroom apartment (with no door) cost me over 1300 a month. It's worse in some places. And this place is kind of a shithole, to boot. Even still, working at minimum wage, this shit is killing me."}
{"text": " \"In general, following the W-4 instructions should result in withholdings that are fairly close to the amount of taxes that you will owe for the year, particularly if your situation is relatively uncomplicated. Claiming less withholdings than the form suggests can help ensure that you end up saving money in your \"\"interest-free IRS savings account\"\" and get a refund at the end of the year, which some people prefer so they don't need to budget separately for a tax payment. I'm guessing that the HR employee either prefers doing so himself or has on occasion received complaints from other employees that they \"\"didn't take enough out\"\". Personally, I'd prefer to claim as many withholdings as I can, and be sure to have some money aside in case it turns out that I have to owe a little bit, since it means I get more take-home pay throughout the year. It's good to keep in mind that a W-4 isn't written in stone. If it turns out that too much or too little is being taken out, you can always change it. You can also try playing around with the IRS withholding calculator to try some scenarios.\""}
{"text": " You make it seem as if we aren't in the early/mid stages of a credit bubble already. Market is filled to the brim with easy credit. 2 years at the most is where I have it set to start rearing its ugly head."}
{"text": " No program or government action will work for everyone on an individual level.  There are over 300M Americans.  The only thing the government can do is make broad stroke policy decisions that have the best *net* outcome for all involved.    Our current system has created conditions in which healthcare costs are out of control.  This is effecting both the sick and the healthy.  Finding a system that works to get the cost under control for the average American, while, ideally, maintaining quality of care, is the ultimate goal.    If that means we have to make a few sacrifices, like caring for the poor and unhealthy, to make it happen, then so be it.  I believe there is something in the Bible about caring for the poor and the sick."}
{"text": " It seems like it could be used for the reason stated, but it's hard to escape a more cynical reaction.  If you have a work station and it's assigned to somebody, then you can conclude that it's in use, unless that person is not working. The only way to get new information is by applying these to a series of unassigned work stations, to determine if you have more or less of these than you need.  This just seems like another step towards treating employees more and more like prisoners."}
{"text": " &gt; Women have to be represented in the global economy or it'll cost the world a shit ton of $ later on.  Demonstrate how women are NOT represented in the global economy, and how this lack of representation will cost the world money later.  &gt; There's a bunch of underbanked women around the world due to laws and Everex allows them to get microloans and/or execute deals in a micro finance fashion.  Great for Everex, but I can't help but notice the practice is a bit discriminatory against men, is it not?"}
{"text": " \"I think the best advice you could get would be to find a lawyer. If that foreign company has any presence in the US, they should be the ones signing off as the successor, otherwise you may find yourself in a limbo that would require some legal assistance. Generally, in most States a Corporation cannot be dissolved without resolving issues like this, which is probably why they told you \"\"the plan is terminating\"\". Someone asked them to terminate it. You need to find that someone.\""}
{"text": " \"I'm not an expert by any means, but pretty much every source I've seen says that one year is far too short for any sort of real \"\"investment\"\".  Most guides suggest that anything less than 3-5 years should stay in no-risk accounts like savings or CDs.  If you need to be sure you get all of the money back after just one year, any sort of market-based investment (e.g., stocks or bonds) is too risky. One option is to buy I-bonds.  You can buy up to $10,000 worth in a calendar year, and 12 months is the minimum holding period.  The advantage of I bonds is that the interest rate is indexed to inflation, so that (roughly speaking) they cannot lose value in real dollars.  Right now they pay 1.94% per year, which is substantially better than you're likely to get with a savings account or 12-month CD.  This would come to $194 if you buy $10k of I Bonds. If you sell before holding them for five years (which you will under your plan) you forfeit the last 3 months' worth of interest.  Even so, your effective rate will likely be better than a savings account or CD.  (Also you could get 12 months' worth of interest if you're able to buy them slightly early and/or postpone your sabbatical slightly so that you hold them for 15 months.) Your other option is to find the best rate you can in a CD or savings account.  Nerdwallet for instance suggests you could get between 1% and 1.1% for a $10k deposit in a 1-year CD, which would be about $100. As you can see, either way your money is not going to grow that much.  You'll be gaining somewhere in the ballpark of a couple hundred dollars at most.  There just isn't a way to earn more than that in one year without some risk of losing principal. (I'm assuming based on your Texas flag pic that you live in the USA. :-)  To buy I Bonds you must be a US citizen, resident, or government employee.)\""}
{"text": " The VAT number should be equivalent from the point of view of your client. The fact that you are a sole trader and not a limited liability doesn't matter when it comes down to pay VAT. They should pay the VAT to you and you will pay it to the government. I'll guess that their issue is with tax breaks, it is a bit more tricky to receive a tax break on paid taxes if you buy something abroad (at least it is here in Finland). If they won't pay you because of that, you could open a LTD or contract the services of a 'management company' which will do the job of invoicing, receiving the money and passing it back to you, for a fee."}
{"text": " Good thoughts. Automation is killing some jobs traditionally done by humans. And humans will compete with machines unless they can't be more affordable than machines (e.g., some McDonalds's have screens vs people for ordering). That's a prob with increasing wages vs cheapening tech. The reality, as you said is that some of these jobs WILL be won out by automation, regardless. But someone has to service/develop/etc all that automation, so I think jobs will be created in that industry for sure."}
{"text": " Term life insurance is just that - life insurance that pays out if you die, just like car insurance pays out if you have an accident. Like car insurance, it's easy to compare amongst term life insurance policies - you can even compare quotes online.  Whole life insurance is life insurance plus an investment component. The money that you pay goes to pay for your life insurance and it also is invested by the insurance company. Insurance companies love whole life because it is not a commodity; they can come up with a large variety of variants, and that fact plus the fact that it combines insurance and investment means that is very difficult to compare policies. Not to mention that fact that none of the companies - as far as I can tell - publish their whole life insurance rates, so it is very difficult to shop around."}
{"text": " While open interest usually correlates to volume, the mark of liquidity is the bid ask spread. Even when trading options with spreads as large as an ask 2x the bid, a more realistic price that traders are willing to accept lies somewhere in the middle. Any option can easily be exited at intrinsic value: underlying price - exercise price for calls, exercise price - underlying price for puts.  For illiquid options, this will be the best price obtained.  For longer term options, something closer to the theoretical price is still possible. If an underlying is extremely liquid, yet the options aren't quite then options traders will be much more ready to trade at the theoretical price. For exiting illiquid options, small, < 4 contracts, and infrequent, > 30 minute intervals, orders are more likely to be filled closer to the theoretical price; however, if one's sells are the only trades, traders on the other side will take note and accept ever lowering implied volatilities. With knowledge of what traders will accept, it is always more optimal to trade out of options rather than exercise because of the added costs and uncertainty involved with exercising and liquidating."}
{"text": " it's so much easier to stop payments then have to go asking for your money after a bank has taken it. I have had monthly homeowners payments taken after I sold a property. Took a lot of effort to get my money back. Wish I had taken a few minutes to stop the payments earlier."}
{"text": " \"You seem pretty on the ball with corporate men's fashion so question: do guys in the US ever use silk knots?  I know they are used in Europe as a more casual replacement for cuff links, but I've noticed that their free inclusion with shirts makes certain people think of them as cheap.  I quite like them, and they may be a less \"\"pretentious\"\" look for an intern (or maybe not).\""}
{"text": " I really like Rocky's answer, some more info: Keep in mind there is no limit on punitive damages.  You could sue for the pants (160) + the filling fee (50) + a reasonable hourly rate to compensate your time (assume 200) + punitive damages of  4590 (assume 5000 limit on small claims court).  When facing a suit of 5000, it could be much cheaper to settle for 160. Keep in mind you don't have to take it.  Once you file you may only settle for the pants plus filling fee.  Once you actually get to court, you may only settle for the pants + filling fee + some time compensation. If you have the claim ticket, you will win.  The question becomes how much punitive damages could you also win?  Filling fee, easy.  The compensation for your time, very likely.   Once the owner is served a summons, they will probably go to a lawyer.  The lawyer will tell them to settle ASAP.  Use that to your advantage.   One thing you might be able to settle for is free dry cleaning.  They might give you the $160, plus another $160 in free dry cleaning...if you are willing to use them again."}
{"text": " If I understand you right, what you need is the minimum amount in the account until your next deposit.  So for example, if today is the 10th and you get paid on the 15th, how much do I need to have in the account, so I know how much I can spend?  That amount should be all of the bills that will be paid between today and the 15th. An alternative would just to keep a running balance and see what the minimum value is. My personal finance software does that for me, but it's possible, although a little more complicated, in Excel.  You'd have to find the date of the next deposit, and do a SUMIF looking for dates between today and that date.  That's about as far as I can get without getting off-topic."}
{"text": " You should talk to a financial fiduciary (make sure they are a fiduciary, not all planners are) about investing your money.  Even ultra safe investments such as treasury bonds will beat the 1% interest rate offered by your savings account (the yield on the 5 year treasury is currently around 2%)."}
{"text": " Does this make sense? I'm concerned that by buying shares with post tax income, I'll have ended up being taxed twice or have increased my taxable income. ... The company will then re-reimburse me for the difference in stock price between the vesting and the purchase share price. Sure.  Assuming you received a 100-share RSU for shares worth $10, and your marginal tax rate is 30% (all made up numbers), either: or So you're in the same spot either way.  You paid $300 to get $1,000 worth of stock. Taxes are the same as well.  The full value of the RSU will count as income either way, and you'll either pay tax on the gains of the 100 shares in your RSU our you'll pay tax on gains on the 70 shares in your RSU and the 30 shares you bought.  Since they're reimbursing you for any difference the cost basis will be the same (although you might get taxed on the reimbursement, but that should be a relatively small amount). This first year I wanted to keep all of the shares, due to tax reasons and because believe the share price will go up. I don't see how this would make a difference from a tax standpoint. You're going to pay tax on the RSU either way - either in shares or in cash.  how does the value of the shares going up make a difference in tax? Additionally I'm concerned that by doing this I'm going to be hit by my bank for GBP->USD exchange fees, foreign money transfer charges, broker purchase fees etc.  That might be true - if that's the case then you need to decide whether to keep fighting or decide if it's worth the transaction costs."}
{"text": " If interest rates have gone up, don't sell when you move. Refinance to lock in a low rate and rent out your current house when you move. Let the rent pay your new mortgage."}
{"text": " \"I think to some extent you may be confusing the terms margin and leverage. From Investopedia Two concepts that are important to traders are margin and leverage. Margin is a loan extended by your broker that allows you to leverage the funds and securities in your account to enter larger trades. In order to use margin, you must open and be approved for a margin account. The loan is collateralized by the securities and cash in your margin account. The borrowed money doesn't come free, however; it has to be paid back with interest. If you are a day trader or scalper this may not be a concern; but if you are a swing trader, you can expect to pay between 5 and 10% interest on the borrowed money, or margin. Going hand-in-hand with margin is leverage; you use margin to create leverage. Leverage is the increased buying power that is available to margin account holders.  Essentially, leverage allows you to pay less than full price for a trade, giving you the ability to enter larger positions than would be possible with your account funds alone. Leverage is expressed as a ratio. A 2:1 leverage, for example, means that you would be able to hold a position that is twice the value of your trading account. If you had $25,000 in your trading account with 2:1 leverage, you would be able to purchase $50,000 worth of stock. Margin refers to essentially buying with borrowed money.  This must be paid back, with interest.  You also may have a \"\"margin call\"\" forcing you to liquidate assets if you go beyond your margin limits. Leverage can be achieved in a number of ways when investing, one of which is investing with a margin account.\""}
{"text": " Hey guys, I found this website, it seems to do it for free, and they have many options. If let me know if you find something better than this.  http://members.zignals.com/main/"}
{"text": " Do yourself a favor: calculate the price of airfare, calculate how many points it takes to get a good flight, and calculate how many points you get per dollar spent. What you will find is that it is a ripoff. Leave the card at home and unlink it from your online purchasing accounts. You're welcome. If you really want to earn rewards, just put your necessary bills on that card. Over time it will accumulate, but do the math first so you can weigh the consequences."}
{"text": " \"I can't vouch for Australian law, but in the US there is actually a recognized mechanism for \"\"in-family loans\"\" which ensures that it's all fully documented for tax purposes, including filing it as an official second mortgage. (Just did that recently in my own family, which is why I'm aware of it.) We're required to charge at least some interest (there's a minimum set, currently around 0.3%), and the interest is taxable income, and it is wise to get a lawyer to draw up the paperwork (there are a few services which specialize in this, charging a flat fee of about US$700 if the loan is standard enough that they can handle it as fill-in-the-blank), but outside of that it's pretty painless. This can also be used as a way of shifting gift limits from year to year -- if you issue a loan, and then gift the recipient with the payments each year (including the payments), you've effectively spread the immediate transfer of money over multiple years of taxes. Of course it does cost you the legal paperwork and the tax in the interest (which they're still \"\"paying\"\" out of your gift), but it can be a useful tool, and it's one that wasn't well known until recently. Again: This is all US codes, posted only for comparison (and for the benefit of US readers). It may be completely irrelevant. But it may be worth investigating whether Oz has something similar.\""}
{"text": " Exactly; it also really rubs me the wrong way when people pitch just throwing everything in an s&amp;p 500 vanguard fund, and pretend like thats a diversified portfolio.  Bonus points if they make this pitch to someone 5 years from retirement."}
{"text": " Martin Shkreli was only able to do what he did, because of the stupid rules government put in place.  There is a reliable generic today.  Many, in fact.  But you can't buy it because it's foreign.  (Oh, think of all the poor Australians, Canadians, and Italians, dropping over dead from their unsafe pills!!! We can't allow that here!  /s)  It's $1 or less a pill in other first world countries with stellar pharmaceutical industries.  Congress could fix it in 10 minutes but they don't.  Shkreli played by the rules put in place."}
{"text": " No. The information you are describing is technical data about a stock's market price and trading volume, only. There is nothing implied in that data about a company's financial fundamentals (earnings/profitability, outstanding shares, market capitalization, dividends, balance sheet assets and liabilities, etc.) All you can infer is positive or negative momentum in the trading of the stock. If you want to understand if a company is performing well, then you need fundamental data about the company such as you would get from a company's annual and quarterly reports."}
{"text": " \"If you look around online and read about credit scores, you'll find all kinds of information about what you should do to maximize your credit score.  However, in my opinion, it just isn't worth rearranging your life just to try to achieve some arbitrary score.  If you pay your bills on time and are regularly using a credit card, your score will take care of itself. Yes, you can cut up the card you don't like and keep the credit card account open.  The bank may close your account at some point in the future because of a lack of activity, but if they do, don't worry about it.  You have other accounts that you are using.  Personally, I don't like having open credit accounts that I'm not using; I close accounts when I'm done with them.  I realize that it goes against everything that you will read, but my score is very high and my oldest open credit card account is 2 years old.  Don't let them scare you into credit activity that you don't want just to try to \"\"win\"\" at the credit score.\""}
{"text": " As with most strategies there are pros and cons associated with this approach: Advantages of using LEAPS: Disadvantages of using LEAPS: Read more about it in great detail on my blog: http://www.thebluecollarinvestor.com/leaps-and-covered-call-writing-2/"}
{"text": " What is much more likely is immediate or close to immediate investment.  but this is exactly my point of contention with how they do things. I know for a fact that the money is immediately invested, which is why i find it wrong that interest for money collected in a given financial year is announced after the end of the next financial year.  i was wondering if this was a common practice in other countries."}
{"text": " \"What is \"\"microlearning?\"\"  After just checking Google, and after reading through the corporate jargon, it sounds like it's a fancy way of saying \"\"I don't know the answer to this question, so I'm going to Google it.\"\"  Did I just \"\"microlearn\"\" without even realizing it?\""}
{"text": " Most likely your accounting is cash basis, not accrual, so it's pretty tough to do unless you resort to the dodgy methods discussed so often by the tax avoidance enthusiasts.  There is a difference between a CPA service and a tax lawyer, perhaps you need to know one of the latter."}
{"text": " From PayPal's Q&A The PayPal Debit MasterCard is the fastest way to withdraw money from   your PayPal account. As a MasterCard, Amazon is beside the point. You can use it at any store that takes MasterCard Debit cards. And there would be no fees at all. It's your money."}
{"text": " This question is very open ended. But I'll try to answer parts of it. An employer can offer shares as part of a compensation package. Instead of paying cash the employer can use the money to buy up shares and give them to the employees. This is done to keep employees for longer periods of time and the employer may also want to create more insider ownership for a number of reasons. Another possibility is issuance of secondary offerings that are partially given to employees. Secondary offerings often lower the price of the shares in the market and create an incentive for employees to stay until the stock price rises. All of these conditions can be stipulated, look up golden handcuffs. Usually stock gifts are only given to a few high level employees and as part of a bonus package. It is very unusual to see a mature company regularly give away large amounts of stock, as this is a frowned upon practice. Start ups often pay their employees with stock up until the company is acquired or goes public."}
{"text": " Well, you can just say that 1 dollar contributed = one share and pay out dividends based on number of shares. That makes it pretty easy to make things fair based. There are pros and cons with this pooling approach."}
{"text": " \"the mortgage interest deduction alone couldn't make this work, but if you realize less income by living off the mortgage funds, then it could definitely reduce your taxes by much more than the cost of the mortgage interest.  particularly, if you are waiting for some future cut-off date (e.g. turning 59.5 and getting access to roth funds, turning 70 and getting social security, simply doing a roth conversion with strategic recharacterization at age 40 and waiting 5 years to get the money out penalty-free, etc.).  and that future date could be quite far off if you only use a small fraction of the total mortgage each year. plus, it is fairly reasonable to assume that equity market returns will outpace mortgage rates, especially if you are \"\"rich\"\" and don't need to worry about living on the street even if the market hits unprecedented lows.  while i find most financial advisers to be incompetent (most people really...), i wouldn't write this guy off, just because he left out the specific details that made the strategy work for one particular client.\""}
{"text": " Yes I would be pissed, NO someone should not go to jail just because I am pissed and they made a horrible negligent decision with money that people trusted to them.  Someone *should* go to jail if they broke a law. From your description, it sounds like they did. I'm still not convinced though until you can tell me where these strict regulations are and what they say."}
{"text": " Want to work online at home? (Employment Opportunities for All Countries - Legitimate Online Jobs) It's here, Employment Opportunities for All Countries - Legitimate Online Jobs. Here you can get jobs do you want, get paid $300 or more every month. No experience necessary. You can easily get it. Visit http://adf.ly/9aCPn."}
{"text": " He's an investor, not an economist, and he's making a common error of not considering the political rich separately from the economic rich.   The economic rich make the world a better place by creating goods and services people are willing to pay for.   The political rich use government to stack the deck in their favor and collect revenue without providing comparably valuable good or services in return."}
{"text": " They don't control an entire market. They're not the only online retailer, they're not the only supplier or producer of a specific item. They do too many things to ever become a manopoly.   They're just shifting markets to their side, but they will never have full control. Think of amazon as the Roman empire taking up land. The Romans had great armies they could take almost any teritory they wanted but the bigger thier territory got the more boarders they had to protect. This essentially put a limit on their expansion. Same with Amazon they will take a great deal of the market but won't take it entirely because there is no way they can be the best at everything. The more they expand the more they have to spread out their workforce, R and D cost go up, you have to hire more specialist, they become a jack of all trades mater of none. Specialization always creates the best so unless they can specialize in everything they will cretae a mediocore product that someone else will perfect.    Dont get me wrong i think will dominate but they wont be a monopoly.   That being said, there is the posibility they try to go political and lobby for laws that stomp out their compatition similar to ISPs. If this goes down then we may have a monopoly form in the future."}
{"text": " You're certainly still responsible to pay what you owe the company given that: 1. for whatever reason, the recipient never received the checks. and 2. the money was credited back to you, albeit in a less than timely manner. However, if you take the time to explain the situation to the business, and show them proof that you sent the payments I would guess they would probably be willing to work with you on removing any late fees you have been assessed or possibly setting up a payment plan. Also, if you have been charged any overdraft or minimum balance fees by your bank while they held your money for the payments that was eventually credited back to your account, you might be able to get them to refund those if you explain what has happened. This is really a perfect example though of why balancing your checking account is as important today as it ever was."}
{"text": " Investing $100k into physical gold (bars or coins) is the most prudent option; given the state of economic turmoil worldwide.  Take a look at the long term charts; they're pretty self explanatory.   Gold has an upward trend for 100+ years.  http://www.goldbuyguide.com/price/ A more high risk/high reward investment would be to buy $100k of physical silver.  Silver has a similar track record and inherent benefits of gold.  Yet, with a combination of factors that could make it even more bull than gold (ie- better liquidity, industrial demand).   Beyond that, you may want to look at other commodities such as oil and agriculture.  The point is, this is troubled times for worldwide economies.  Times like this you want to invest in REAL things like commodities or companies that are actually producing essential materials."}
{"text": " I use my Acer W500 (Windows 7 64bit) for browsing Internet (porn, news, reddit, wikipedia) and reading books. Haven't found any other reason to use it yet. Maybe if I would do some work that requires lot's of walk work and browsing inventory, it could have some additional use. I wonder what kind productivity improvements MS is planning."}
{"text": " You just disclosed that you are new investor to the stock market. I'd advise that you first understand investing a bit better, as most will advise that investors need to be above a certain level before picking individual stocks.  That said, most stocks trade in high enough volume and have low enough short interest that they don't fall under the category you seek. You want to first ask your broker if they have such a process, not all do. If so, they would need to provide you with the stocks that fall into this odd situation, specifically, the shares that have traders seeking to short the stock, but the stock is unavailable. Even then, the broker may have requirements that you don't fall into, minimum history with broker, minimum size account, etc. Worse, they are not likely to offer this for 100 shares, but may have a 1000 or higher share requirement. Are you willing to buy some obscure $50/sh priced stock to lend out at 1%/mo? The guy trying to short it is far smarter than both you and I, at least regarding this particular stock. This strategy is more appropriate for the 7 figure net worth investor.  If any reader has actual experience with this, I'm happy to hear it. This response is from my recollection of two articles I read about 3 years ago, coincidence they both were published within weeks of each other."}
{"text": " \"And that is exactly where the problem lies, you yourself admit you work like a horse, that you constantly are trying to improve yourself. Do you think you are the only one? Don't you think a million others are doing the same things? This is exactly where the problem arises, its a race to the bottom. Oh just learn to code, just learn another language, blablablah. That will hardly make you more competitive if a million other people are doing the same thing. Honestly, you cannot expect a million people to go through higher education again, you can't expect millions to improve their skills in a world where there are more people than jobs, in a world where everyday automation makes another chunk of the population permanently unemployable.  And yes, never forget the token rich person. One random person managed to escape poverty? Ok, let's ignore all the data showing that social mobility is virtually non-existent in todays society, the system most work, if one out of 4 billion people in poverty managed to escape.  Why is it such a radical idea that in a world where there are more people than jobs, in a world where food roots away, medicine keeps waiting on the shelves and many \"\"gentrified\"\" houses are empty while right next to them there are homeless people, that in such a world, a person is entitled to some food, shelter and medical aid?\""}
{"text": " If you withdraw money from an RRSP, you are taxed on that money as ordinary income and will have to pay withholding taxes, and potentially more income tax when you file. Additionally, you lose that contribution amount. If you subsequently deposit the same gross amount into another RRSP at a different bank, that will lower your taxable income for the year and you'll subsequently be able to recover the withholding taxes, but you will have permanently lost the contribution room. For example, you have $100,000 in RRSP contribution room. You buy $1,000 in RRSPs from Bank A. This leaves you with $99,000 in RRSP contribution room. Next year, you withdraw that $1,000 and deposit it in Bank B in an RRSP account. Now, you have $98,000 in RRSP contribution room. Chances are good that Bank A withheld 15% for taxes, but when you file your tax return, you'll get that back. Your withdrawal and subsequent purchase of RRSPs in the tax year cancel out. Far better is to transfer the RRSP from Bank A to Bank B. That has no tax implications and would not affect your RRSP contribution limit. Not all banks are willing to do this, though."}
{"text": " Also, is seems the wife that's doing the taxes is very reluctant on giving me access to the statements. As an owner, I do have the legal right to those statements do I not? What power would a majority owner of a bar (40%) hold over the other two minority owners (each with 30%)? According to her, she's broken even on her investment, whereas I've collected not even half of my initial investment. The fact that you feel this is fishy reconfirms my belief that she not being truthful to some degree."}
{"text": " Things aren't really bad. 2008 was really bad. You're reading too much sensational shit. Consumer confidence is on the rise and QE is not a bad thing. If we hadn't acted as we did we would still be fighting the recession like the EU and Japan still are."}
{"text": " \"1. (a) \"\"Kim Jong Un Inspects KPA Strategic Force Command\"\" by Korean Central News Agency (KCNA), originally published at http://www.kcna.kp on 15 August 2017: https://kcnawatch.co/newstream/1502749950-753062439/kim-jong-un-inspects-kpa-strategic-force-command/      Original text: https://www.reddit.com/r/worldpolitics/comments/6tqkgn/north_korean_leader_kim_jong_un_has_decided_not/dlmrnnt      (b) Mirror for the submitted article: https://archive.is/G32a2    2. (a) Where is Territory of Guam, United States of America (USA)? Where is Commonwealth of the Northern Mariana Islands (CNMI), USA?      \\- http://chamorrobible.org/images/chamorrobibleproject/map-west-pacific-islands-1998.jpg       \\- http://chamorrobible.org/images/chamorrobibleproject/map-federated-states-of-micronesia-1999.jpg         \\- http://chamorrobible.org/images/chamorrobibleproject/map-guam-1991.jpg      \\- http://chamorrobible.org/images/chamorrobibleproject/map-commonwealth-of-the-northern-mariana-islands-1989.jpg              \\- http://chamorrobible.org/images/chamorrobibleproject/map-oceania-2002.jpg      \\- [http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-other.jpg](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-other.jpg \"\"1346 x 2020\"\") ([via](http://chamorrobible.org/gpw/gpw-201304.htm), [2013 x 3020](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-medium.jpg), [2680 x 4020](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-large.jpg), [4014 x 6021](http://chamorrobible.org/images/photos/gpw-201304-NASA-Philippine-Sea-Pacific-Ocean-Guam-20111230-huge.jpg))       Source: http://chamorrobible.org and http://chamorrobible.org/gpw/gpw.htm      (b) Western Pacific Ocean sunset photographed from the International Space Station while orbiting above the Philippine Sea on 21 July 2003 at 10:17:20.420 GMT: [3032 x 1986 pixels](http://chamorrobible.org/images/photos/gpw-20050108-NASA-ISS007-E-10807-space-sunset-20030721-Pacific-Ocean-large.jpg)      Source: http://chamorrobible.org/gpw/gpw-20050108.htm      Via: http://chamorrobible.org/gpw/gpw-The-Great-Earthquake-and-Catastrophic-Tsunami-of-2004.htm  3. https://www.reddit.com/r/worldpolitics/comments/6nnhnl/one_of_just_17_remaining_colonies_worldwide_guam/dkasdpl   4. https://www.reddit.com/r/pics/comments/4zonlj/there_are_only_148_guam_kingfishers_known_in_the/d6xh2t9  5. https://www.reddit.com/r/environment/comments/6qqo3l/druglaced_mice_to_be_used_to_combat_brown_tree/dkz84p8  6. https://www.reddit.com/r/Anthropology/comments/6slxkq/3500_years_of_chamorro_history_its_like_an/dldpcqy  7. https://www.reddit.com/r/linguistics/comments/5b3iw1/our_language_isnt_dead_yet_by_michael_lujan/d9lfot8  8. \"\"Island Stealth: F-22A Raptors and a B-2 Spirit Over Guam, USA\"\" (Larger Version), April 2009: https://www.youtube.com/watch?v=kVP_8afut1s      Source: http://chamorrobible.org/gpw/gpw-200905.htm\""}
{"text": " Danh s\u00e1ch c\u00e1c C\u00f4ng ty Ch\u1ee9ng Kho\u00e1n c\u00f3 nguy c\u01a1 v\u1ee1 n\u1ee3  01 CTCP CK Th\u0103ng Long 02 CTCP CK Th\u01b0\u01a1ng m\u1ea1i v\u00e0 C\u00f4ng nghi\u1ec7p Vi\u1ec7t Nam 03 CTCP CK Maritime Bank 04 CTCP CK Th\u1ee7 \u0110\u00f4 05 CTCP CK Sao Vi\u1ec7t 06 CTCP CK Qu\u1ed1c t\u1ebf Vi\u1ec7t Nam 07 CTCP CK Tr\u00e0ng An 08 CTCP CK Ph\u01b0\u01a1ng \u0110\u00f4ng 09 CTCP CK \u0110\u00f4ng Nam \u00c1 10 CTCP CK Qu\u1ed1c Gia 11 CTCP CK \u0110\u1ea1i D\u01b0\u01a1ng 12 CTCP CK VIT 12 CTCP CK T\u1ea7m Nh\u00ecn 13 CTCP CK H\u00e0 N\u1ed9i 14 CTCP CK Hamico 15 CTCP CK Vina 16 CTCP CK SME (\u0111\u00e3 ph\u00e1 s\u1ea3n trong n\u0103m 2011) 17 CTCP CK H\u00e0 Th\u00e0nh 18 CTCP CK NH Ph\u00e1t tri\u1ec3n Nh\u00e0 \u0110\u1ed3ng b\u1eb1ng S\u00f4ng C\u1eedu Long 19 CTCP CK Navibank 20 CTCP CK NH S\u00e0i G\u00f2n Th\u01b0\u01a1ng T\u00edn 21 CTCP CK Vi\u1ec7t Qu\u1ed1c 22 CTCP CK FLC 23 CTCP CK Tr\u01b0\u1eddng S\u01a1n 24 CTCP CK BETA 25 CTCP CK T\u00e2n Vi\u1ec7t 26 CTCP CK Cao su 27 CTCP CK S\u00e0i G\u00f2n Tourist  M\u1ecdi T\u00e0i S\u1ea3n c\u1ea7n ph\u1ea3i \u0111\u01b0\u1ee3c chuy\u1ec3n giao sang c\u00e1c C\u00f4ng ty Ch\u1ee9ng Kho\u00e1n t\u1ed1t h\u01a1n nh\u1eb1m h\u1ea1n ch\u1ebf R\u1ee6I RO !"}
{"text": " It is unfortunate to think that people determine as a result of paying a living wage they need to illegally undercut their employees.  If your business model cannot succeed by paying living wages then you need to rethink your business model.    $12/hour is not luxury.  That is still close to poverty for a family of 3.  Take home would not afford an apartment, gas, food, utilities, etc for a single person without having roommates.  People deserve to afford their basic needs without getting government assistance when working full time."}
{"text": " i think keensian is right.  krudeman is wrong.   why was it anybody could get a loan from a bank to buy a house then during the bubble boom?  u telling me there were that much savings and reserve in the system?  m2 credit lead m1.  banks can create money out of nothing by writing loans."}
{"text": " Your 1099-B report for ADNT on the fractional shares of cash should answer this question for you.  The one I am looking at shows ADNT .8 shares were sold for $36.16 which would equal a sale price of $45.20 per share, and a cost basis of $37.27 for the .8 shares or $46.59 per share."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.theguardian.com/business/live/2017/jul/17/stock-markets-record-highs-chinese-growth-figures-gdp-business-live) reduced by 58%. (I'm a bot) ***** &gt; The government&amp;#039;s ambitious reform program could go a long way in addressing France&amp;#039;s longstanding economic challenges-persistent fiscal imbalances, high unemployment, and weak external competitiveness.  &gt; To make the strategy credible, deep reforms are needed at all levels of government, with major spending efforts from the start.  &gt; The planned corporate, capital, and labor tax reforms should boost investment and job growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nvh2d/stock_markets_hit_record_highs_as_chinese_gdp/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~169029 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*: **reform**^#1 **tax**^#2 **government**^#3 **unemployment**^#4 **fiscal**^#5\""}
{"text": " Asset prices across the board are at historic highs because interest rates have been too low for too long. Owners/sellers of assets win, and this is primarily the baby boomer generation, and the buyer of these assets loose, primarily gen x and millennials. I'm really not looking forward to at best, stagnating asset prices as interest rates are inevitably increased, or at worst, another crash."}
{"text": " \"This is a very interesting question.  Unfortunately, in the way you wrote the question the answer is no.  Essentially, you would be asking someone to give you a ~20% return for your cash on something that is almost guaranteed when holding your cash only gets them a <1% return.  Would anyone take the other side of that deal? Interestingly though, you can to some extent hedge surprises in health care costs.  For instance, investing in the healthcare industry as David Rice suggests is a partial hedge.  The prices of those industry stocks already has future expected cost increases included. However, if costs were to jump even higher than expected you would gain some of the added cost you would pay in healthcare back. Not that I recommend this strategy, as you lose diversification, but this is a valid and reasonable reason to slightly overweight american healthcare companies for someone in your situation.   Note that the Wiki article you mention talks about hedging surprises as well.  \"\"If at planting time the farmer sells a number of wheat futures contracts equivalent to his anticipated crop size, he effectively locks in the price of wheat at that time.\"\"  Thinking that way you may actually be able to buy health insurance now for two or three years in the future essentially locking in expected price increases today.  Probably not the answer you were looking for, but the best analogy for what financial hedging truly does.\""}
{"text": " No It's not a loan. It's an equity investment. Think of it as a business. The parents bought 75% of the equity with $115K, and are entitled to 75% of the sale proceeds, should you someday liquidate the business (i.e. selling the house). The $500 per month is just business revenue and is paid to your parents as a dividend. Imagine you rent it out to your self and charge a $666.66 rent - you take 25% of that back and give your parents the rest. Like any equity investment, the risk for them is that if the value of the house goes down, they will have to shoulder the loss.  And you are right, there is no way to build equity. You already sold that to your parents."}
{"text": " Self driving cars will not be Uber's demise. In fact, it's exactly what they're waiting for. This ride sharing business is all just to position themselves in the market. Why do you think they're going to such great lengths to crush Lyft? As soon as self-driving cars hit the market Uber is going to start buying them up in large numbers."}
{"text": " What people fail to realize about bitcoin is its cost to acquire a coin.. I'm not exactly familiar on pricing nowadays but back when it was $100 a coin it took you ~$95+ in power/equipment to get that coin. Meaning bitcoin can not go below $95. Bitcoin is at $5800.. And if its as it were before, it's costing ~$5700ish to obtain, miners are not going to sell their coin for $5600 that cost $5700 to get."}
{"text": " Hi, I am an engineer, I investigate many lightning related industrial claims including direct strikes, voltage surges or fluctuations, power outages, and arcing perforation of CSST gas tubing that results in fires.  Visit my site: https://lightningprotectiondesignblog.wordpress.com/2017/06/20/chemical-grounding-rod-is-the-best-protection-you-can-give-your-home/"}
{"text": " It sounds like you're mixing a simple checkbook register with double-entry bookkeeping. Do you need a double-entry level of rigor? Otherwise, why not have two columns, one for income (like a paycheck) and one for expenses (like paying a cable bill)?  Then add up both columns and then take the difference of the sums to get your increase or decrease for the time period. If you want to break up income and expenses further, then you can do that too."}
{"text": " The only sensible reason to invest in individual stocks is if you have reason to think that they will perform better than the market as a whole. How are you to come to that conclusion other than by doing in-depth research into the stock and the company behind it?   If you can't, or don't want to, reach that conclusion about particular stocks then you're better off putting your money into cheap index trackers."}
{"text": " \"Although there are occasional cases where simply moving money between countries results in a tax liability - for example a \"\"non-domiciled\"\" UK resident using the \"\"remittance basis\"\" - this is not the case in your situation. In general it would be extremely rare for non-residents of a country to be taxed on bringing money into that country, as it would be bad for tourism which most countries want to encourage. The requirement to declare large sums of money on entry is primarily so that the authorities can detect money laundering, rather than tax. Note that you will have to pay US tax on any interest you earn on that US bank account.\""}
{"text": " \"One thing I've noticed is the way he threw around the word \"\"society\"\" as in \"\"Buffett says it ought to be the responsibility of society to take care of them as they are retrained to re-enter the workforce.\"\"  Does that mean Government, or non-Governmental organizations, families, or just unorganized, neighborhood help?    'Society' is a nebulous word in this instance.\""}
{"text": " FYI: This article is rife with errors/omissions/bends, including, but not limited to:  * The date/time when these restaurants closed * the implied reason for their closing (consumer taste had little to do with it) * The idea that Evo Morales had anything to do with the shutdown of 8 restaurants  This article is a bit amateurish and clearly contains an alarmist agenda.  Nothing to see here."}
{"text": " You probably can't deposit the check directly, but there are mechanisms in place to get your money through other means. In the US, all states and territories have an unclaimed property registry. Before you contact the company that wrote the check, you should check that registry in your state. You will have to provide proof that you are the intended recipient, having the original check in your possession should make that considerably easier."}
{"text": " You haven't mentioned how much debt your example company has. Rarely does a company not carry any kind of debt (credit facilities, outstanding bonds or debentures, accounts payable, etc.) Might it owe, for instance, $1B in outstanding loans or bonds? Looking at debt too is critically important if you want to conduct the kind of analysis you're talking about.  Consider that the fundamental accounting equation says: or, But in your example you're assuming the assets and equity ought to be equal, discounting the possibility of debt.  Debt changes everything.  You need to look at the value of the net assets of the company (i.e. subtracting the debt), not just the value of its assets alone. Shareholders are residual claimants on the assets of the company, i.e. after all debt claims have been satisfied.  This means the government (taxes owed), the bank (loans to repay), and bondholders are due their payback before determining what is leftover for the shareholders."}
{"text": " \"Both OP and the author of the newspaper article should have titled this \"\"When the media take the time to explain the true state of our economy, people are less optimistic about the future.\"\" A simple link to [this](http://research.stlouisfed.org/fred2/series/UMCSENT) graph would show that consumer confidence has rebounded, but dipped during the debt crisis (as it should have) because the media were reminding people how utterly weak our economy is. The fact that average hourly earnings today are exactly where they were in 2008 is a disaster. But to state that Americans perception of the economy is worse is flat wrong. They actually perceive it as improving when in fact it's on extremely shaky ground.\""}
{"text": " \"First, filing status. If you and your wife are legally married, you should be filing your tax returns as married, either jointly or separately. In the US, \"\"head of household\"\" has a specific meaning and is for unmarried people who are supporting one or more relatives, per the IRS. If you are working full-time and your wife is not, then likely you will file a joint return, including all your income and all the expenses for your wife's business. So yes, the losses in her business will offset your income. Depending on how complex things are, you may want to hire a professional to help with your taxes. The rules for what can and cannot be deducted as a business expense can be opaque.\""}
{"text": " \"Marketing; if the hungry man is your target market and your taco product can't reach him because he's unaware of the taco product.  Sales; if the hungry man took one look at you and your taco and \"\"No, thanks... There's probably something wrong with it.\"\"  or learn to be a better chef if he took a bite and puked. You probably made him hungrier by making him chuke...\""}
{"text": " \"Beta is the correct answer.  It is THE measure of the risk relationship of a stock with the broad market. R squared is incorrect unless you mean something very odd by \"\"co-efficiency.\"\"  A stock that goes up each time the market goes down has very low co-efficiency (negative risk as you have defined it) but very high R squared.  A stock that goes the same direction as the market but twice as far (with a lot of noise) has a very low R squared but contains a lot of market risk.  A stock that always goes in the same direction as the market but only a 100th as far is very safe but has a very high R squared. You can calculate beta using \"\"slope\"\" in excel or doing a regression, but the easiest thing is just to look up the beta in yahoo finance or elsewhere.  You don't need to calculate it for yourself normally.\""}
{"text": " I definitely agree with this. Before I could get federal or state loans I had to do this online orientation and while you probably could skip most of it and click accept I actually read through and am competent in how the interest works and how even though not paying until after graduation is an option that'll increase my total loans by like 50%. Almost every other student I've talked to with student loans has little to no knowledge as to how interest works and how it applies to their loans.    And the choosing what to study. Because while it is nice to study something fun if you can't practically get a decent paying job in your field then you have a lot of knowledge and nothing to do with it."}
{"text": " \"I think it started when the lines between tech and artist began blurring. Once something becomes insanely popular in Silicon Valley it has a way of, eventually, filtering to the rest of the world. _______________ The rest of your comment is exactly why I tell everyone in /r/Entrepreneur and similar subs to talk to a CPA.  My accountant is the one that convinced me to stop \"\"freelancing\"\" and build an actual business. Completely shifted my outlook for the better.\""}
{"text": " Basically you have 4 options: Use your cash to pay off the student loans. Put your cash in an interest-bearing savings account. Invest your cash, for example in the stock market. Spend your cash on fun stuff you want right now. The more you can avoid #4 the better it will be for you in the long term. But you're apparently wise enough that that wasn't included as an option in your question. To decide between 1, 2, and 3, the key questions are:  What interest are you paying on the loan versus what return could you get on savings or investment?  How much risk are you willing to take? How much cash do you need to keep on hand for unexpected expenses? What are the tax implications? Basically, if you are paying 2% interest on a loan, and you can get 3% interest on a savings account, then it makes sense to put the cash in a savings account rather than pay off the loan. You'll make more on the interest from the savings account than you'll pay on interest on the loan. If the best return you can get on a savings account is less than 2%, then you are better off to pay off the loan. However, you probably want to keep some cash reserve in case your car breaks down or you have a sudden large medical bill, etc. How much cash you keep depends on your lifestyle and how much risk you are comfortable with. I don't know what country you live in. At least here in the U.S., a savings account is extremely safe: even the bank goes bankrupt your money should be insured. You can probably get a much better return on your money by investing in the stock market, but then your returns are not guaranteed. You may even lose money. Personally I don't have a savings account. I put all my savings into fairly safe stocks, because savings accounts around here tend to pay about 1%, which is hardly worth even bothering. You also should consider tax implications. If you're a new grad maybe your income is low enough that your tax rates are low and this is a minor factor. But if you are in, say, a 25% marginal tax bracket, then the effective interest rate on the student loan would be more like 1.5%. That is, if you pay $20 in interest, the government will then take 25% of that off your taxes, so it's the equivalent of paying $15 in interest. Similarly a place to put your money that gives non-taxable interest -- like municipal bonds -- gives a better real rate of return than something with the same nominal rate but where the interest is taxable."}
{"text": " I went to Atlantic City in 1990 or so, and other than learning that the Monopoly game properties were named after the streets there, it was a gross, run-down town with a bunch of substandard casinos.  I've not been back, but in the mid 2000's I had a number of friends go and tell me it had really turned around.    Is this recent downturn new, or are those friends just idiots?"}
{"text": " Similar action is being undertaken in Europe following the example of Cyprus. As WND recently pointed out, finance ministers of the 27-member European Union in June had approved forcing bondholders, shareholders and large depositors with more than 100,000 euros in their accounts to make the financial sacrifice before turning to the government for help with taxpayer funds.  Do they get compensation later if the bank recovers?"}
{"text": " You could use the money to buy a couple of other (smaller) properties. Part of the rent of these properties would be used to cover the mortgage and the rest is income."}
{"text": " To expand on the comment made by @NateEldredge, you're looking to take a short position.  A short position essentially functions as follows:  Here's the rub: you have unlimited loss potential.  Maybe you borrow a share and sell it at $10.  Maybe in a month you still haven't closed the position and now the share is trading at $1,000.  The share lender comes calling for their share and you have to close the position at $1,000 for a loss of $990.  Now what if it was $1,000,000 per share, etc. To avoid this unlimited loss risk, you can instead buy a put option contract.  In this situation you buy a contract that will expire at some point in the future for the right to sell a share of stock for $x.  You get to put that share on to someone else. If the underlying stock price were to instead rise above the put's exercise price, the put will expire worthless \u2014 but your loss is limited to the premium paid to acquire the put option contract. There are all sorts of advanced options trades sometimes including taking a short or long position in a security.  It's generally not advisable to undertake these sorts of trades until you're very comfortable with the mechanics of the contracts.  It's definitely not advisable to take an unhedged short position, either by borrowing someone else's share(s) to sell or selling an option (when you sell the option you take the risk), because of the unlimited loss potential described above."}
{"text": " \"Something I found helpful when I learned this, is to just use Excel to expand the series.   So start with A1 as \"\"175\"\", then in A2 put \"\"=175+(A1*1.004308)\"\" and paste that same formula down for a few hundred rows.  You'll find your answer on A216.  Most non-math-centric people don't have an intuitive grasp of how exponents (aka \"\"compounding\"\"... and never mind the natural logarithms this is all derived from) behave; but you can play with the numbers \"\"unrolled\"\" in Excel to get a better idea of how they work. That formula is just applying 0.4308% interest every period (row), and adding in a fresh $175.\""}
{"text": " I'm already bored of it.  It's funny, the first comment I happened to read about it was that power users would start complaining because their precious karma train had stopped.  And the next day the power users are out in force complaining on any sub that will take them."}
{"text": " Normally interest only mortgages are taken incase one planning to sell off the property after a few years and purchase of the property is for investment. In such a case instead of burdening oneself with a huge EMI, one opts for an interest only mortgage, and towards the end of the term, sell off the house at profit and repay back the entire principal.  I am not to sure if interest only mortgages are encouraged for properties you plan to live in. Although I do not know about the ING scheme, normally there is no prepayment option on interest only mortgages, its Bank way of earning a fixed income for the contracted period and thats the reason why the interest rates are lower than a regular mortgage. If you do the math, you may be paying more in total interest than on a regular mortgage."}
{"text": " Very subjective question. some may do it in the first year, some lose money all their life. Some make a fortune and then lose it. Investing time is only a small part of it. some people can never do it just because investing is not for everyone. Just like any other business. or you can invest into t-bill and CDs, you'll be profitable from day one."}
{"text": " \"We measure the value of gold by comparing it to other things. Sorry, but there is no better answer than that. There is no gold standard (pun intended) by which objects can be measured in value because \"\"value\"\" is a subjective term. It would be comparable to asking how funny is an object. Different objects are funny to different people. Even if we gathered all the really \"\"funny\"\" object together, there is no guaranty those objects would be funny next year - unless we all agreed they were as part of a social contract. Which is basically what we do with currency. While gold does not need a social contract in order for it to retain its value, this is only because it is has been (1) very useful and (2) rare. If either of these two factors change, the value of gold will change - which it has on several occasions. WARRING: Rant about \"\"Intrinsic Value\"\" of gold below. Gold has no \"\"intrinsic\"\" value. None whatsoever.  \"\"Intrinsic value\"\" makes just as much sense as a \"\"cat dog\"\" animal. \"\"Dog\"\" and \"\"cat\"\" are referring to two mutually exclusive animals, therefore a \"\"cat dog\"\" is a nonsensical term. Intrinsic Value: \"\"The actual value of a company or an asset based on an underlying perception of its true value ...\"\" Intrinsic value is perceived, which means it is worth whatever you, or a group of people, think it is. Intrinsic value has nothing, I repeat, absolutely nothing, to do with reality.  The most obvious example of this is the purchase of a copy-right. You are assigning an intrinsic value to a copy-right by purchasing it. However, when you purchase a copy-right you are not buying ink on a page, you are purchasing an idea. Someone's imaginings that, for all intensive purposes, doesn't even exist in reality! By definition, things that do not exist do not have \"\"intrinsic\"\" properties - because things that don't exist, don't have any natural properties at all. \"\"Intrinsic\"\" according to Websters Dictionary:  \"\"Belonging to the essential nature or constitution of a thing ... (the intrinsic brightness of a star).\"\" An intrinsic property of an object is something we know that exists because it is a natural property of that object. Suns emit light, we know this because we can measure the light coming from it. It is not subjective. \"\"Intrinsic Value\"\" by definition is the OPPOSITE of \"\"Intrinsic\"\"\""}
{"text": " As JoeTaxpayer has commented, the markets are littered with the carcasses of those who buy into the idea that markets submit readily to formal analysis.   Financial markets are amongst the most complex systems we know of.  To borrow a concept from mathematics - that of a chaotic system - one might say that financial markets are a chaotic system comprised of a nested structure of chaotic subsystems. For example, the unpredictable behaviour of a single (big) market participant can have dramatic effects on overall market behaviour. In my experience, becoming a successful investor requires a considerable amount of time and commitment and has a steep learning curve.  Your actions in abandoning your graduate studies hint that you are perhaps lacking in commitment. Most people believe that they are special and that investing will be easy money.  If you are currently entertaining such thoughts, then you would be well advised to forget them immediately and prepare to show some humility. TL/DR; It is currently considered that behavioural psychology is a valuable tool in understanding investors behaviour as well as overall market trends.  Also in the area of psychology, confirmation bias is another aspect of trading that it is important to keep in mind.  Quantitative analysis is a mathematical tool that is currently used by hedge funds and the big investment banks, however these methods require considerable resources and given the  performance of hedge funds in the last few years, it does not appear to be worth the investment. If you are serious in wanting to make the necessary commitments, then here are a few ideas on where to start : There are certain technical details that you will need to understand in order to quantify the risks you are taking beyond simple buying and holding financial instruments.  For example, how option strategies can be used limit your risk; how margin requirements may force your hand in volatile markets; how different markets impact on one another - e.g., the relationship between bond markets and equity markets; and a host of other issues.  Also, to repeat, it is important to understand how your own psychology can impact on your investment decisions."}
{"text": " \"Probably people like me who thought they'd turned it all off.   For the iphone:   Settings -- Privacy -- Location Services -- System Services   There you'll see a bunch of system services you probably don't need but (if my phone is any indication) are used pretty regularly to get location data on you. Some may be okay with you, but worth checking out.     A few things I looked up:   **Cell Network Search** - it's monitoring for Apple's benefit, having this on doesn't do anything for you; turning it off won't affect using your phone   **Compass Calibration** - your maps will work fine without this, and you can still calibrate the compass while using it; having it on just lets them ... check location to calibrate a compass you're not using?   **Motion Calibration &amp; Distance** - for fitness stuff like tracking steps   **Setting Time Zone** - if you don't travel between time zones often, you probably don't need Apple checking your location every day to constantly \"\"set time zone\"\"\""}
{"text": " \"Below is just a little information on short selling from my small unique book \"\"The small stock trader\"\":  Short selling is an advanced stock trading tool with unique risks and rewards. It is primarily a short-term trading strategy of a technical nature, mostly done by small stock traders, market makers, and hedge funds. Most small stock traders mainly use short selling as a short-term speculation tool when they feel the stock price is a bit overvalued. Most long-term short positions are taken by fundamental-oriented long/short equity hedge funds that have identified some major weaknesses in the company. There a few things you should consider before shorting stocks: Despite all the mystique and blame surrounding short selling, especially during bear markets, I personally think regular short selling, not naked short selling, has a more positive impact on the stock market, as: Lastly, small stock traders should not expect to make significant profits by short selling, as even most of the great stock traders (Jesse Livermore, Bernard Baruch, Gerald Loeb, Nicolas Darvas, William O\u2019Neil, and Steven Cohen,) have hardly made significant money from their shorts. it is safe to say that odds are stacked against short sellers. Over the last century or so, Western large caps have returned an annual average of between 8 and 10 percent while the returns of small caps have been slightly higher.  I hope the above little information from my small unique book was a little helpful! Mika (author of \"\"The small stock trader\"\")\""}
{"text": " \"Presumably the existing house has some value. If you demolish the existing house, you are destroying that value. If the value of the new house is significantly more than the value of the old house, like if you're talking about replacing a small, run-down old house worth $50,000 with a big new mansion worth $10,000,000, then the value of the old house that is destroyed might just get lost in the rounding errors for all practical purposes. But otherwise, I don't see how you would do this without bringing cash to the table basically equal to what you still owe on the old house. Presumably the new house is worth more than the old, so the value of the property when you're done will be more than it was before. But will the value of the property be more than the old mortgage plus the new mortgage? Unless the old mortgage was almost paid off, or you bring a bunch of cash, the answer is almost certainly \"\"no\"\". Note that from the lienholder's point of view, you are not \"\"temporarily\"\" reducing the value of the property. You are permanently reducing it. The bank that makes the new loan will have a lien on the new house. I don't know what the law says about this, but you would have to either, (a) deliberately destroy property that someone else has a lien on while giving them no compensation, or (b) give two banks a lien on the same property. I wouldn't think either option would be legal.  Normally when people tear down a building to put up a new building, it's because the value of the old building is so low as to be negligible compared to the value of the new building. Either the old building is run-down and getting it into decent shape would cost more than tearing it down and putting up a new building, or at least there is some benefit -- real or perceived -- to the new building that makes this worth it.\""}
{"text": " \"Straight Line Depreciation is the easiest method of depreciation, don't over think it.  Straight Line = (Assets Cost - Assets Salvage Value)/Useful life  In this case the Straight Line is $2m per year, it is not culmulative unless you are looking at accumulated depreciation account on the balance sheet.  Here is a schedule of the depreciation:  * Year 1 - $2m * Year 2 - $2m * Year 3 - $2m * Year 4 - $2m * Year 5 - $2m  See, can't get much easier than that!  Once you get into more complicated questions they'll throw tax rates at you and ask about cash flows, or the NPV of the cash flows.  You need to take into account the fact that the Depreciation is not a \"\"cash expense\"\" but it does affect cash flow by reducing the taxable income of the project.  Also, you need to consider the fact that the asset will be sold in year 5 and the value will need to be part of your cash flow and NPV calculations.  I hope this was helpful, if not I'll try to do my best answering any other questions.  Good Luck!\""}
{"text": " You need a source of delisted historical data.  Such data is typically only available from paid sources. According to my records 20 Feb 2006 was not a trading day - it was Preisdent's Day and the US exchanges were closed. The prior trading date to this was 17 Feb 2006 where the stock had the following data: Open: 14.40 High 14.46 Low 14.16 Close 14.32 Volume 1339800 (consolidated volume) Source: Symbol NVE-201312 within Premium Data US delisted stocks historical data set available from http://www.premiumdata.net/products/premiumdata/ushistorical.php Disclosure: I am a co-owner of Norgate / Premium Data."}
{"text": " \"The local K-Mart to us will sell the whole pizzas for even less if they're old. They've trained me and other customers. Come on \"\"When's the pizza getting old\"\" I ask. \"\"Come back in 10, we'll save one for you.\"\"  10 minutes later, me and 4 other people are grabbing $2-3 large pizzas. Whatever the fuck they feel like charging. In the meantime, I enjoy the time machine that is K-Mart. \"\"Wow, 2006 Hot Wheels! That shit's probably collectible by now!\"\"\""}
{"text": " I think the tradition within the country would outweigh any convenience it would have for the rest of the world.  The US hasn't even been able to switch to the Metric system, even though it's taught in school and used in math / science.  The costs involved with changing price tags, and re-organizing everything in their world would be pretty crazy."}
{"text": " \"I'll add 2 observations regarding current answers.  Jack nailed it - a 401(k) match beats all. But choose the right flavor account.  You are currently in the 15% bracket (i.e. your marginal tax rate, the rate paid on the last taxed $100, and next taxed $100.) You should focus on Roth. Roth 401(k) (and if any company match, that goes into a traditional pretax 401(k). But if they permit conversions to the Roth side, do it) You have a long time before retirement to earn your way into the next tax bracket, 25%. As your income rises, use the deductible IRA/ 401(k) to take out money pretax that would otherwise be taxed at 25%.  One day, you'll be so far into the 25% bracket, you'll benefit by 100%   traditional. But why waste the opportunity to deposit to Roth money   that's taxed at just 15%? To clarify the above, this is the single rate table for 2015:  For this discussion, I am talking taxable income, the line on the tax return designating this number. If that line is $37,450 or less, you are in the 15% bracket and I recommend Roth. Say it's $40,000. In hindsight on should put $2,550 in a pretax account (Traditional 401(k) or IRA) to bring it down to the $37,450. In other words, try to keep the 15% bracket full, but not push into 25%.  Last, after enough raises, say you at $60,000 taxable. That, to me is \"\"far into the 25% bracket.\"\" $20,000 or 1/3 of income into the 401(k) and IRA and you're still in the 25% bracket. One can plan to a point, and then use the IRA flavors to get it dead on in April of the following year.  To Ben's point regarding paying off the Student Loan faster - A $33K income for a single person, about to have the new expense of rent, is not a huge income. I'll concede that there's a sleep factor, the long tern benefit of being debt free, and won't argue the long term market return vs the rate on the loan. But here we have the probability that OP is not investing at all. It may take $2000/yr to his 401(k) capture the match (my 401 had a dollar for dollar match up to first 6% of income). This $45K, after killing the card, may be his only source for the extra money to replace what he deposits to his 401(k). And also serve as his emergency fund along the way.\""}
{"text": " Moving to a new home? The need of a self-storage is undeniably important while moving in and out of a residence. In case you are looking for personal storage in Sutton Coldfield, Cookes Storage with expert professionals will help in decluttering and keeping your belongings safe."}
{"text": " By extending your logic both BNSF and GEICO would be nearly thhe same companies as both have majority ownership of warren buffet. How companies act IS defined by the theater of competition and regulation. Sears ca and US are two very different companies with no operational overlap (other than sears brand name)"}
{"text": " The company will have to pay 20% tax on its profits. Doesn't matter how these profits are earned. Profits = Income minus all money you spend to get the income.  However, you can't just take the profits out of the company. The company can pay you a salary, on which income tax, national insurance, and employer's national insurance have to be paid at the usual rate. The company can pay you a dividend, on which tax has to be paid. And the company can pay money into the director's pension fund, which is tax free.  Since the amount of company revenue can be of interest, I'd be curious myself what the revenue of such a company would be. And if the company makes losses, I'm sure HMRC won't allow you to get any tax advantages from such losses."}
{"text": " Well, to be fair they are saying that because many of the most effective antibiotics are not effective any more. It is a big deal in the hospitals, and very much on the radar as a serious health concern.    http://www.newscientist.com/article/dn21757-dont-let-up-in-war-against-antibiotic-resistance.html"}
{"text": " \"So, um... **what's the big fucking deal?**  He works for the Port Authority, so any of you getting your panties in a bunch because you think \"\"OUR TAX DOLLARZ\"\" are going to pay his salary are just wrong.  He works 80 hours a week, so he's basically got two $110k jobs.  And he works in New York City, where $100k a year doesn't really even go that far unless you live in the ghetto and commute in every day.  Really not sure what there is to be outraged about in this report.  Clearly a lot of people here are just broke and jealous.\""}
{"text": " Sign up for alerts.  Everytime you use your card, you'll get an alert.  That way if there is an unauthorized transaction, you'll know right away. The alerts can also tell you what amount was charged - since this happens right away, the last last cc transaction is fresh in your memory and any overcharges can be easily detected. Has saved me more times than I can remember!"}
{"text": " While there is no legal reason to have a minimum number of employees, there can be a practical reason.   They want to look like a good solid investment so that investors will give them money, which is what an IPO is, really.  Hiring lots of people is part of that. Once the investors are committed, they can cut expenses by firing people again. I have no idea how common this is, but it is a possibility.  However, if it were really common, investors wouldn't be fooled anymore. Also, they risk being sued for fraud over this. Even if your friend's worry is probably unfounded, you should be aware that working for a startup is always risky.  They very often go bankrupt even if they try their best.  They can misjudge their intended market. They can get higher expenses than expected. There can be another company with same idea being launched at the same time.  Other things can go wrong. Working for a startup is a risk, but it beats being unemployed, right?"}
{"text": " The true answer is it depends because  it is up to the credit card issuer to follow the right path when issuing a replacement credit card. http://www.bankrate.com/finance/credit-cards/will-replacement-card-hurt-my-score.aspx Typically, issuers will transfer the account history to the new trade line, says Barry Paperno, the consumer operations manager at FICO, the creator of the FICO scoring formula. The new account should have the old open date, so you should retain your payment history, he says. The credit limit and balance should also stay the same. http://blog.credit.com/2014/02/lost-or-stolen-credit-card-hurt-your-credit-scores-76724/ How Issuers Report Replacement Cards We asked the major card issuers how they report replacement cards to credit reporting agencies: American Express: The new card has the same open date and \u201cMember Since\u201d year as the previous card. The balance on the old account number is transferred to the new account number. All payment history transfers over. Bank of America: All transactions and account history are transferred to the new account number when there is a card replacement or renewal. Capital One: The new account number with all the original account data (original open date, etc.) is reported along with a notification to the bureaus that the new account number is replacing the old.  The two tradelines can then be \u2018merged\u2019 into one, so that all the applicable payment history, balance, etc. is now under the new account number. Chase: The original tradeline does not change. The history on the account remains, just the account number field is updated with the new account number. There is no \u201cnew\u201d tradeline in this scenario."}
{"text": " \"Let's start with income $80K. $6,667/mo. The 28/36 rule suggests you can pay up to $1867 for the mortgage payment, and $2400/mo total debt load. Payment on the full $260K is $1337, well within the numbers. The 401(k) loan for $12,500 will cost about $126/mo (I used 4% for 10 years, the limit for the loan to buy a house) but that will also take the mortgage number down a bit.  The condo fee is low, and the numbers leave my only concern with the down payment. Have you talked to the bank? Most loans charge PMI if more than 80% loan to value (LTV). An important point here - the 28/36 rule allows for 8% (or more ) to be \"\"other than house debt\"\" so in this case a $533 student loan payment wouldn't have impacted the ability to borrow. When looking for a mortgage, you really want to be free of most debt, but not to the point where you have no down payment.  PMI can be expensive when viewed that it's an expense to carry the top 15% or so of the mortgage. Try to avoid it, the idea of a split mortgage, 80% + 15% makes sense, even if the 15% portion is at a higher rate. Let us know what the bank is offering.  I like the idea of the roommate, if $700 is reasonable it makes the numbers even better. Does the roommate have access to a lump sum of money? $700*24 is $16,800. Tell him you'll discount the 2yrs rent to $15000 if he gives you it in advance. This is 10% which is a great return with rates so low. To you it's an extra 5% down. By the way, the ratio of mortgage to income isn't fixed. Of the 28%, let's knock off 4% for tax/insurance, so a $100K earner will have $2167/mo for just the mortgage. At 6%, it will fund $361K, at 5%, $404K, at 4.5%, $427K. So, the range varies but is within your 3-5. Your ratio is below the low end, so again, I'd say the concern should be the payments, but the downpayment being so low.  By the way, taxes - If I recall correctly, Utah's state income tax is 5%, right? So about $4000 for you. Since the standard deduction on Federal taxes is $5800 this year, you probably don't itemize (unless you donate over $2K/yr, in which case, you do). This means that your mortgage interest and property tax are nearly all deductible. The combined interest and property tax will be about $17K, which in effect, will come off the top of your income. You'll start as if you made $63K or so. Can you live on that?\""}
{"text": " \u201cOff the rails\u201d my ass. It\u2019s pretty obvious kids have a choice: take on absurd levels of debt and \u201clearn\u201d or make money. If you\u2019re not going to be a doctor or biologist, you can get a sales job with an undergrad and avoid subjecting yourself to further debt/delusion.  It\u2019s no big loss Trump missed out on all those highly indoctrinated (or \u201ceducated\u201d) sociologist/economist votes. They\u2019re compliant tribalists. Who won the engineers? Who won the computer scientists?"}
{"text": " \"This is the best tl;dr I could make, [original](http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKCN1AY25X) reduced by 86%. (I'm a bot) ***** &gt; Such a decline may be good news for investors worried that stock prices have risen too far.  &gt; The expected earnings in that valuation are adjusted, not GAAP. To the extent that companies use non-GAAP accounting less this year than in recent years, investors may feel more comfortable paying higher valuations for their stocks.  &gt; Still, that 10-percent difference between GAAP net income and the net income companies and many investors focus on is much smaller than in 2015, when the difference was 33 percent, the largest gap since at least 2009.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6up3p2/shift_from_nongaap_bottom_lines_could_be_good_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194462 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*: **company**^#1 **Investors**^#2 **GAAP**^#3 **more**^#4 **income**^#5\""}
{"text": " I would like to add one minor point for clarity: Cosigning means that you, alongside your friend, enter into a contract with the bank. It does not necessarily mean that you now have a contract with your friend, although that could implicitly be concluded. If the bank makes use of their contracted right to make you pay your friend's debts with them, this has no effect on your legal relationship with your friend. Of course, you can hold him or her liable for your damages he or she has caused. It is another question whether this would help you in practice, but that has been discussed before."}
{"text": " \"I recommend avoiding trading directly in commodities futures and options.  If you're not prepared to learn a lot about how futures markets and trading works, it will be an experience fraught with pitfalls and lost money \u2013 and I am speaking from experience. Looking at stock-exchange listed products is a reasonable approach for an individual investor desiring added diversification for their portfolio.  Still, exercise caution and know what you're buying. It's easy to access many commodity-based exchange-traded funds (ETFs) on North American stock exchanges.  If you already have low-cost access to U.S. markets, consider this option \u2013 but be mindful of currency conversion costs, etc. Yet, there is also a European-based company, ETF Securities, headquartered in Jersey, Channel Islands, which offers many exchange-traded funds on European exchanges such as London and Frankfurt.  ETF Securities started in 2003 by first offering a gold commodity exchange-traded fund. I also found the following: London Stock Exchange: Frequently Asked Questions about ETCs.  The LSE ETC FAQ specifically mentions \"\"ETF Securities\"\" by name, and addresses questions such as how/where they are regulated, what happens to investments if \"\"ETF Securities\"\" were to go bankrupt, etc. I hope this helps, but please, do your own due diligence.\""}
{"text": " You should get a 1099-MISC for the $5000 you got.  And your broker should send you a 1099-B for the $5500 sale of Google stock. These are two totally separate things as far as the US IRS is concerned. 1) You made $5000 in wages. You will pay income tax on this as well as FICA and other state and local taxes. 2) You will report that you paid $5000 for stock, and sold it for $5500 without holding it for one year. Since this was short term, you will pay tax on the $500 in income you made. These numbers will go on different parts of your tax form.  Essentially in your case, you'll have to pay regular income tax rates on the whole $5500, but that's only because short term capital gains are treated as income.  There's always the possibility that could change (unlikely).  It also helps to think of them separately because if you held the stock for a year, you would pay different tax on that $500.  Regardless, you report them in different ways on your taxes."}
{"text": " Some Walmart stores have a surcharge-free ATM in their Money Center. If that doesn't work, look for the logo of the interbank network on the back of your card that your bank uses (e.g. Star, Cirrus, Allpoint, MoneyPass) and Google them. If you're lucky, they'll have a surcharge-free ATM locator (e.g. https://www.star.com/locator/)."}
{"text": " \"I appreciate the actually reasonable initial response. I've been consistently called a fake and a fraud mostly by, as you can probably guess, my competitors and my ex who has turned genuinely psycho. She and her father have now made the news for being directly connected to well documented international and American human rights violations, her father being directly connected to apparently a police chiefs admitted systematic protected records falsification/tampering/destruction and so much else. Those two groups arent exactly mutually exclusive at the moment. Her father works in PR/lobbying and she basically tried to make it a goal to ruin me. Why you might ask? Thats a great question.   Could have something to do with the money I make people and people potentially owing me more than a few million. You really have to also consider though that would be an absurdly small price to pay for a billion especially if it took about 20 min to deliver in just that instance. Also the fact that she couldnt keep her clothes on to save her life after that point. All of the fake/fraud rhetoric is despite the fact, and probably because, I literally completed industry leading and often freely available open source economic work for no pay for several years as well as my comp (when I actually bill) being largely entirely performance based which almost nobody in the industry will even contemplate. Im not even that smart I just basically as it appears comparably dont have a sudden compulsive need to actively feel like I'm causing problems for people or just bullshit people frankly. Quite the opposite. A good number of the people who have tried to discredit or defame me in some way, if they knew the cause of this situation, probably wouldnt exactly be happy with it. Especially so considering how much money its likely very tangibly cost them just largely due to a psycho ex. On an anecdotal basis, despite previously knowing this was reflected in the data, I can hardly think of more of a good reason to just actually work with people and see how it goes than this.  All of its to basically say I'm sure a guy (and his company) who is that wealthy publicly has had a few situations that make his life complicated and some probably without any good reason.  You might have missed out. I know a few very skilled people who went to work for them. If you were offered to be flown out to them for an interview like that (again), definitely go (especially if you have fallback(s)) and just see what they are willing to do to address your concerns. I know Amazon being stressful is a common thing thats said; however, Amazon isnt a dumb company. They need skilled people and if it makes sense for them it wouldnt surprise me if they could figure something out that would work for both of you. Plus you can always quit as opposed to some things that you cant just say \"\"stop\"\" or \"\"be reasonable\"\" and have it resolved in a few weeks or less.  I hope this helps you in some way.\""}
{"text": " \"First, don't try to understand other people's finances. Family or a trust could provide the minimum down payment, or even large chunk of the price, leaving them with a small/manageable monthly mortgage.  More importantly, HGTV home buying shows are fake. Buyers don't actually buy, other people touring are just locals/ friends, and the entire plot is literally a written script.   Source: My best friend had 3 of his listings on one of the shows as the house options, and our friends were the \"\"other buyers\"\" on the tour.\""}
{"text": " Capital surplus is used to account for that amount which a firm raises in excess of the par value (nominal value) of the shares (common stock).. Investopedia has a much simpler answer. Somebody has tried to be smart on wikipedia and have done the calculations without much explanation. The portion of the surplus of a business arising from sources other than earnings :  all surplus other than earned surplus usually including amounts received from sale or exchange of capital stock in excess of par or stated value, profits on resale of treasury stock, donations to capital by stockholders or others, or increment arising from revaluation of fixed or other assets The number of shares a company wants to issue is decided and agreed with the regulators. They decide the par value and then decide how much premium will be charged, extra money above the par value. Take out any RHP of an issue and you find all these details. Par Value = 1  Issue price(Price at which investors buy) = 10 Premium = 9 For a single share the capital surplus is 9, multiply it by the number of shares issued and you have the total capital surplus."}
{"text": " Coworking spaces offer much more reasonable rates, with dedicated desk space usually going for a couple hundred dollars a month. In addition, that fee usually includes access to things like printers and copiers at no extra charge, and other office fixtures are included in the price."}
{"text": " @bstpierre gave you an example of a portfolio similar to IFA's 70 portfolio. Please, look other variants of example portfolios there and investigate which would suit to you.  Although the example portfolios are not ETF-based, required by the op, you can rather easily check corresponding components with this tool here. Before deciding your portfolio, fire up a spreadsheet (samples here) and do calculations and do not underestimate things below: Bogleheads have already answered this type of questions so why not look there? Less reinventing the wheel: google retirement portfolios site:bogleheads.org. I am not making any recommendations like other replies because financial recommendations devalue. I hope I steered you to the right track, use less time to pick individual funds or stocks and use more time to do your research."}
{"text": " I won't because a person like you should only be physically removed or caste into a permanent class of plebs or deported to France or other populations who value subjugation of others over freedom from subjugation.  Plebs like you are the cause of all totalitarianism in the world and ideally, you'd all be in North Korea detention center."}
{"text": " \"Exactly. GS told customers to sell stocks today. There is nothing good coming down the pipeline to ease unemployment.  Now, if we get rid of barry and put the leashes back of the NLRB and the EPA, something might change.  In other words, like him or not, Romney is the best alternative to the \"\"Constitutional Scholar\"\" who is about to have Pelosi/Reid-care overturned and have his AG indicted for running guns to help them change gun laws (and all the while blaming Bush).  This is the most pathetic administration ever.\""}
{"text": " Your asset mix should reflect your own risk tolerance.  Whatever the ideal answer to your question, it requires you to have good timing, not once, but twice. Let me offer a personal example. In 2007, the S&P hit its short term peak at 1550 or so. As it tanked in the crisis, a coworker shared with me that he went to cash, on the way down, selling out at about 1100. At the bottom, 670 or so, I congratulated his brilliance (sarcasm here) and as it passed 1300 just 2 years later, again mentions how he must be thrilled he doubled his money. He admitted he was still in cash. Done with stocks. So he was worse off than had he held on to his pre-crash assets. For sake of disclosure, my own mix at the time was 100% stock. That's not a recommendation, just a reflection of how my wife and I were invested.  We retired early, and after the 2013 excellent year, moved to a mix closer to 75/25. At any time, a crisis hits, and we have 5-6 years spending money to let the market recover. If a Japanesque long term decline occurs, Social Security kicks in for us in 8 years.  If my intent wasn't 100% clear, I'm suggesting your long term investing should always reflect your own risk tolerance, not some short term gut feel that disaster is around the corner."}
{"text": " I mean, at a personal level, I do this all the time. I will absolutely take advantage of low interest financing offers if I know I can make more money with the outstanding balance than will be drawn in interest.  It can also make sense from a risk management perspective: I need liquidity even if I can cover the cost, I anticipate needing a large sum of cash over a short interval during the finance period. If I were to pay all upfront the cumulative expenditures would Darwin me too close to my safety threshold for my comfort level, but by financing I can distribute the risk and keep a higher margin for error over the course of the loan."}
{"text": " \"Read \"\"the everything store\"\". Pretty good insight into Bezos and Amazon. It gives plenty of examples of how they've messed up shipping in the past. From a single jigglypuff doll holding up shipments, to items falling off conveyors and just laying there for weeks.\""}
{"text": " The Robber Barrons are in power and once they sink their claws into our system (and they have had them sunk in for decades) it will be hard to get rid of them, but for our own future we have to try to remove them."}
{"text": " \"So it seems like a lot of people here aren't exactly sure about why this works and its financial implications.   So what you are referring to is in Finance something called Funds Transfer Pricing or FTP (often referred to as just Transfer Pricing). Like anything else, FTP has its place. Most companies; however, don't use it properly. FTP, theoretically, has one primary purpose (although it's developed a second): to properly allocate opportunity costs across divisions.  Let's say Company A produces widgets. They sell these widgets for $200 at a TOTAL COST of $150 and book profits of $50. Now to produce the widget Division 1 makes a computer chip at a cost of $50 that it then \"\"sells\"\" to Division 2 for $60. Division 1 then books a profit of $10. Division 2 then makes some plastic stuff and assembles the device. This is labor intensive so Division 2's costs are $100. Company A sells the completed device for $150. Division 2 subsequently books profits of $40, and appears much more profitable than Division 1, on the surface.  The problem arises when Division 1 could sell the chip to the open market for $125. Now it costs them $50 to produce, and they could make a theoretical profit of $75. This is MORE than the company makes AS A WHOLE on the entire device. By having Division 2 pay effectively \"\"fair market price\"\" for that chip, you realize that Division 2 is really operating at a loss (the *opportunity cost* of not selling the chip to market is greater than producing the completed device). Company A would be better off getting rid of Division 2 and solely focusing on Division 1. In a good FTP system, Division 2 would pay the fair market price of $125. If done properly, management would  hopefully realize it should divest Division 2.  That's the ***fundamental premise*** behind FTP. In actuality things get much more complicated because of economics, the company itself, branding, IT, operations, management, PPE, labor laws, etc. Thats why most companies screw it up. All that other stuff falls under whats called cost allocation accounting. It gets VERY complex and entire masters courses are dedicated to it (different methods, etc.)   The other thing you can do with FTP is get crazy tax breaks due to various tax laws. The simplified explanation is that divisions pay taxes on profits to the government ***that division*** is located in (this works on the state level, too btw.). GE does a lot of this and it's a big part of why they pay almost no-taxes. Again, it gets more complicated when you involve audits as there's some grey area legally.   For simplicity, assume tax rates are 40% in the US and 10% in India. So let's say GE makes an airplane engine in the US but \"\"finishes\"\" manufacturing in India. These specific engines costs $5,000,000 for the US division to make, up to a certain point.  The US division can then sell the engine at a break even to India. So India \"\"pays\"\" $5,000,000 for the engine. The US division then books no profit. India finishes the manufacturing with additional costs of $1,000,000. The India division then sells the engine to the open market for $9,000,000 . Therefore, the India division books a profit of $3,000,000 and pays taxes of $300,000. Now GE as a whole makes a profit of $3,000,000 less taxes of $300,000 = net profit of $2,700,00.  Further, let's say the fair market value of the engine, as is, when the US sells to India is $7,000,000. That would mean US ***should*** book profits of $2,000,000 and India ***should*** book profits of $1,000,000. Total taxes by GE are now $800,000 (US) + $100,000 (India) = $900,000. However, what's important is that NET PROFIT is now $2,100,000. ***GE just saved $600,000 in taxes by doing this***. The beauty of this is, divisions are supposed to charge fair market value for products FTP'd internationally; however, it's REALLY hard for the IRS to say what the value of an unfinished product really is (heck, you could be offering bulk discounts, etc.)...  The fact is, often, US divisions have skilled labor that is difficult to replicate elsewhere. They just show US divisions operating at losses to make the company as a whole better. The problem, again, arises when top management don't fully appreciate or understand the reasoning behind this stuff. They end up making cuts to US labor because it's \"\"unprofitable\"\" without thinking about the entire story.   I know this is very long winded but hope it helps!  ***tldr; companies FTP to recognizes profitability and opportunity costs of divisions as well as use it for overseas tax breaks.***  Side note: Politically speaking, people who know how this works are pissed off about it in the U.S. (don't worry though, most politicians on both sides don't have a clue). We have high corporate tax rates relative to other countries and IRS loopholes allow this kind of thing (lobbying $$). It's also why, economically, you can't just raise ***corporate*** tax rates to increase domestic tax reciepts as more companies will just implement this process (it's complicated to do properly). Also, please don't say 50 years ago tax rates were higher and raising taxes increased receipts. The fact is most companies couldn't even FATHOM doing this 50 years ago, no less even 20.  edit: some clarification in wording\""}
{"text": " Fashioncornerstone.com is an amazing online store in the USA from where you can purchase the most stylish stuffs for men and women at very reasonable prices. Free Delivery Available in the USA! Get up to 80% off all summer!"}
{"text": " I worked on the Top Gear China special, we deliberately picked cars that were a bit shit but we were also very careful not to irk the Chinese public by openly mocking their vehicles, I think we were quite diplomatic.   That show was ten years ago, the Chinese cars I see today are incredibly incredibly better - the Chinese rivals (in terms of price) to the Hyundai Sonata are virtually on par with Jaguar/Mercedes in terms of interior environment. Weak in powertrains tho."}
{"text": " \"My 401k allows cash holdings to 100% if desired. I'm not sure why some won't, they are making money on your money after all. If you are looking to the funds vehicles for investing suggestions however, they will never allow cash. I found you must go into \"\"Invest on my own\"\" vehicle to make that change.  I have beaten and timed this market several times by sitting with cash on the sidelines. The only time I missed it was when I talked to a fund administrator in 2008 dot com crash and stayed in at this suggestion. I told him I didn't see where the market could go much higher as I had made 12-28% on some funds. He was dead wrong of course and I lost 50% that year.  Now, trust me, in 2017, assets are grossly overvalued. If they won't let you deposit to cash, don't invest and just save your money until the next crash.\""}
{"text": " It might vary a lot depending on what you'd be doing. I work in PE and my life is mostly a smear of meetings, dinners, weekend getaways, etc., with the people we're trying to pitch to. My friends in VC performing a similar role seem to have a better balance between work and personal life.   That being said, our in office staff work a more or less 9-5 week except when there's a crunch for reports or prep work."}
{"text": " Here is a list of threads in other subreddits about the same content:   * [An alternative entrepreneur principle. | The Dismal Science](https://www.reddit.com/r/Economics/comments/79fl0a/an_alternative_entrepreneur_principle_the_dismal/) on /r/Economics with 1 karma (created at 2017-10-29 17:13:29 by /u/The_man_who_sold)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"text": " If this happens, the solution isn't to force people to use sidewalks. It's to take the approach of London and make crossing at any point legal, and have it be the drivers responsibility to not hit people.  Laws in many cases are better when they reflect reality (and thus ease enforcement) rather than trying to shoehorn something impractical into place."}
{"text": " \"Thanks for your additional comments Sam, that is helpful. Here is an overview of what you can and cannot do with an FSA as it applies to your situation. The government intends that a general health FSA be used to cover expenses that are usually out-of-pocket when you are covered by a qualifying health plan. It is funded with pre-tax dollars and is on a use-it or lose-it basis. However, an HSA is itself a form of health coverage that is tax-advantaged, and the balance can be invested. Because of this, an HSA is not considered by the government to be a health plan that \"\"qualifies\"\" for use with a general health FSA. However, this means that a given covered person cannot have both of these simultaneously. In your wife's case, if you have an HSA and she has traditional health benefits with an FSA, this is not considered a problem since she can only use the FSA money for expenses incurred by members of your family on her plan. However, if she were to join you on the HSA (which sounds like it could be a good idea overall), she would need to wind down her FSA and would not be able to fund it for the next year. This could be a problem if you have a lot of money in the FSA that she isn't able to spend prior to joining the HSA. The reason why the government doesn't want one given person covered by both an HSA and given access to an FSA at the same time is that they are both tax-advantaged. What they intend is that people can set aside money pre-tax which they will use to pay their non-covered health expenses. If someone had both, there would be two potential problems: If you do ultimately want your wife to be on the HSA, see if you can spend what is left in her FSA, as it will end when she ends her health coverage with her employer. If the amount you stand to lose is significant, you may need to wait another year until your next open enrollment period or life event (such as the birth of a child) to enroll her on your HSA. It is also likely that her premium on the HSA will be lower, which could impact the effect of ending her FSA. Recently, there has also been a rule change regarding what is called a \"\"Limited Use\"\" FSA. These are FSAs that are used for qualifying non-\"\"health\"\" expenses such as dental and vision that can be used together with an HSA. This may be something that is helpful to you and/or your wife on the HSA if your employer offers this as a possibility. Please note that unlike retirement accounts, you cannot \"\"rollover\"\" funds between FSA plans offered by two different employers as each FSA is a separate benefit fund that is on a use-it or lose-it basis (again, because the government wants to restrict tax-advantaged contributions to what you are likely to spend). You may also find the article here helpful to learn more about FSA/HSA combinations and Limited-Use FSAs. I hope this helps!\""}
{"text": " Business Apprentice is internship. That is not what is applicable for you. You're a visiting professor/researcher, which falls under Article 22, so you don't get the standard deduction."}
{"text": " Well the idea of 'good practice' is subjective so obviously there won't be an objectively correct answer. I suspect that whatever article you read was making this recommendation as a budgeting tool to physically isolate your reserve of cash from your spending account(s) as a means to keep spending in check. This is a common idea that I've heard often enough, though I don't think I am alone in believing that it's unnecessary except in the case of a habitual spender who cannot be trusted to stay within a budget.  I suppose there is a very small argument to be made about security where if you use a bank account for daily spending and that account is somehow compromised, the short-term damage is limited. In the end, I would argue that if you're in control of spending and budgeting, have a single source of income that is from regular employment, and you use a credit card for most of your daily spending, there's no compelling reason to have more than one bank account.  Some people have a checking and savings account simply for the psychological effect of separating their money, some couples have 3-4 accounts for income, personal spending, and savings, other people have separate accounts for business/self-employment funds, and a few people like having many accounts that act as hard limits for spending in different categories. Of course, the other submitted answer is correct in noting that the more accounts that you have, the more you are opening yourself up to accounting issues if funds don't transfer the way you expect them to (assuming you're emptying the accounts often). Some banks are more lenient with this, however, and may offer you the option to freely 'overdraft' by pulling funding from another pre-designated account that you also hold at the same bank."}
{"text": " \"An international Outlook (in this case Sweden in European Union). According to laws and regulations large cash transactions are considered conspicuous. The law makers might have reasoned is that cash transactions can be used in as example: - financing terrorism - avoiding taxes - buying or selling illegal goods such as drugs or stolen items - general illegal transactions such as paying bribes Starting there, all banks (at least in Europe) are required to report all suspicious transactions to the relevant authorities (in Sweden it is Finanspolisen, roughly the Financial Police). This is regardless of how the transactions are performed, in cash or otherwise. In order to monitor this all banks in Sweden are required to \"\"know the customers\"\", as example where does money come from and go to in general. In addition special software monitors all transactions and flags suspicious patterns for further investigation and possibly notification of the police. So, at least in Sweden: there is no need to get permission from the FBI to withdraw cash. You will however be required to describe the usage of the Money and your description will be kept and possibly sent to the Financial police. The purpose is not to hinder legitimate transactions, but to Catch illegal activities.\""}
{"text": " On the web speedy choices are super easy to sign up for. Now you can complete an internet form, and will also be informed quickly no matter if you are qualified to get a quick words borrowing. Borrowing sums change from a couple of 100 us dollars around $1500. Traditional bank choices and also a charge card will be credit score choices which usually supply you with standard economic electrical power and also independence."}
{"text": " I don't see how me pointing out how you're wrong even shows what my views are. You also won't sway anyone by being condescending when you're wrong. Notice this about the people who oppose these issues. Once you show them they're wrong they will just attack and insult instead of actually debating."}
{"text": " Have you spent any time in Singapore? Yeah, they have a strong economy, but for people to exist in it they have to really push it to the limit. Entire families living in a 2 bedroom apartment, for example. IDK, it didn't seem like the ideal place for anyone who doesn't have a professional career or isn't making lots of money in finance and business. Also, the culture is sucky. No good culture for people who want a rooted feel to the community. In fact, not much community at all. I would never want to live there, only visit."}
{"text": " It might surprise you to know dear cute Nikki is actually  Nimrata Randhawa  An Indian American, and she comes forward to push the Agenda of the Indians long lost cousins, when Moses told them to fuck off following the worshiping of the Golden calf issue.  Seems to me, there is very little that America does that is on its own Agenda, every thing seems to be about the Jews?  What does America want for America?"}
{"text": " You may be able to choose.  As a small business, you can expense certain depreciable assets (section 179).  But by choosing to depreciate the asset, you are also increasing the cost-basis of the property.  Are you planning to sell the property in the next couple of years?  Do you need a higher basis? Section 179 - Election to expense certain depreciable business assets"}
{"text": " Amazon is much more screwed up than you think. They lose entire pallets of goods in their warehouse and auction them off all the time ( bulq) sometimes if you are lucky they will compensate you for them. EVERY Box on a pallet has an amazon label on it which shows the box number, shipment name, sku and qantity yet Amazon will randomly relabel items without consent or notification and Bo way to stop it.  How do I know then?  I ask customers for photos of the goods they are having issues with that clearly show Amazon's label over our label.  If our label and photo show 100 count blue and Amazon relabel it 50 count yellow.  Seller Support is completely useless to assist in this."}
{"text": " I suspect this is related to the fact that Blue Apron completed its IPO very recently and insider shares are likely still under a lockup period.  So in the case of APRN stock only the 30mm shares involved in the IPO are trading until the insider lockup expires which is usually about 90 days."}
{"text": " The first thing to know is that the idea is not unique. The second thing to know is that there are already people working on the exact thing right now and none have finished it yet because they are worrying and procrastinating the same as you right now. Go and get it done!"}
{"text": " I'd say scuttle the company so the guy can't keep his evil master plan going. Get all of the stores to mark everything $1, clear the inventory, and then walk away. Let Sears die, rather than this life support torture scenario this guy is pulling. Maybe then he'll sell the name to somebody who wants to make something out of it."}
{"text": " \"&gt;Armed fire investigator.  Ah, so you are NEITHER \"\"police\"\" nor \"\"fire\"\".  Do you write your reports and testify in court with the same kind of disingenuous statements and misleading claims?  &gt;So only the most dangerous jobs should have a voice in their own safety?  Unless I am mistaken, you CHOSE your profession, correct?  I mean you weren't \"\"assigned\"\" to it by some central politburo.\""}
{"text": " \"Given that the 6 answers all advocate similar information, let me offer you the alternate scenario - You earn $60K and have an employer offering a 50% match on all deposits. All deposits. (Note, I recently read a Q&A here describing such an offer. If I see it again, I'll link).  Let the thought of the above settle in. You think about the fact that $42K isn't a bad salary, and decide to deposit 30%, to gain the full match on your $18K deposit. Now, you budget to live your life, pay your bills, etc, but it's tight. When you accumulate $2000, and a strong want comes up (a toy, a trip, anything, no judgement) you have a tough decision. You think to yourself, \"\"after the match, I am literally saving 45% of my income. I'm on a pace to have the ability to retire in 20 years. Why do I need to save even more?\"\"  Your budget has enough discretionary spending that if you have a $2000 'emergency', you charge it and pay it off over the next 6-8 months. Much larger, and you know that your super-funded 401(k) has the ability to tap a loan. Your choice to turn away from the common wisdom has the recommended $20K (about 6 months of your spending) sitting in your 401(k), pretax deposited as $26K, and matched to nearly $40K, growing long term.  Note: This is a devil's advocate answer. Had I been the first to answer, it would reflect the above.  In my own experience, when I got married, we built up the proper emergency fund. As interest rates fell, we looked at our mortgage balance, and agreed that paying down the loan would enable us to refinance and save enough in mortgage interest that the net effect was as if we were getting 8% on the money. At the same time as we got that new mortgage, the bank offered a HELOC, which I never needed to use. Did we somehow create high risk? Perhaps. Given that my wife and I were both still working, and had similar incomes, it seemed reasonable.\""}
{"text": " US or EU states are sovereigns which cannot go bankrupt. US states have defaulted in the 1840's, but in most of those cases creditors were eventually repaid in full. (I'm not 100% sure, but I believe that Indiana was an exception with regard to costs incurred building a canal system) The best modern example of a true near-default was New York City in the late 1970's. Although New York City isn't a state, the size and scope of its finances is greater than many US states. What happened then in a nutshell: Basically, a default of a major state or a city like NYC where creditors took major losses would rock the financial markets and make it difficult for all states to obtain both short and long term financing at reasonable rates. That's why these entities get bailed out -- if Greece or California really collapse, it will likely create a domino effect that will have wide reaching effects."}
{"text": " I wonder if these two concepts are compatible or mutually exclusive:  * The minimum wage should provide a decent living standard above the poverty line * We should have as close to zero unemployment as possible  If those two statements are not compatible with each other, then I don't see how prohibiting eligible members of the workforce from an opportunity is at all desirable.  Yes, this would mean that some individuals would be earning less money than it would take to make a decent living, but those individuals know who they are -- we don't.  Which means that they have the ability to make choices concerning their lives that we shouldn't try to anticipate.  If minimum wage is not a decent wage for what they need, they need to adjust their situation to change that.  Minimum wage was never intended to be a livable wage, only the lowest amount you could pay someone.  I would argue that if someone has been stuck earning minimum wage for more than 2 years, they're doing something wrong.  Either they're not trying to advance, or they're not looking for a better job."}
{"text": " If she is unemployed / stay-at-home caregiver, you can squirrel away up to $5,500 in a spousal IRA."}
{"text": " \"The answer is stimulus, but more specifically direct spending.  The kind of \"\"stimulus\"\" where we simply fill in giant gaping holes of bank balance sheets is not \"\"stimulus\"\" at all, and those who criticize \"\"keynesian economics\"\" because the bailouts \"\"failed\"\" don't understand what they are saying.  Bailouts are not stimulus.  Creating middle class jobs, that is stimulus.    I will put it to you this way.  Almost every single company in existence uses some kind of debt to leverage its operations.   Almost every company that is listed on the stock exchange either sells bonds or issues commercial paper or both.  This can also be a useful position for the government, especially since their cost of borrowing is lower than that of any company.    Essentially, the government can borrow at 1%, put people to work, and collect 25% in taxes.  Its cash flow positive in the short term, and in the long term as well, as long as it is effective and the economy gets better.  A growing economy will bring in more than enough tax revenue to offset any costs of jump starting the economy.    If instead you wanted austerity, you would be calling for austerity on the largest economy in the world, who's bonds are still rated AAA, and who's borrowing costs are 1%.  If you are calling for austerity on that, then nobody on earth is credit worthy.  It is a non-sensical position.\""}
{"text": " \"The golden rule is \"\"Pay yourself first.\"\" This means that you should have some form of savings plan set up, preferably a monthly automatic withdrawal that comes out the day after your pay is deposited. 10% is a reasonable number to start with. You are in a wonderful situation because you are thinking about this 10-15 years before most of us do.  Use this to your advantage. You are also in a good situation if you can defer the purchase of the house (assuming prices don't rise drastically in the next few years -- which they might.)  If your home situation is acceptable, then sit down with the parents and present a plan.  Something along the lines of:  I'd like to move out and start my   life.  However, it would be   advantageous to stay here for a few   years to build up a down payment and   reserve.  I'm happy to help out with   expenses, but do need a couple years   of rent-free support to get started. Then go into monk mode for one year.  It's doable, and you can save a lot of cash. Then you're on the road to freedom.\""}
{"text": " you could say that Microsoft never hurt the consumer either. It was the bundling of file explorer with internet explorer that was litigated.  And even though they eventually settled, the almost decade of litigation but them in a constant defensive posture - major business decisions had to be run past the lawyers. Apple and google ended up drinking their milkshake."}
{"text": " Wow\u2026.I\u2019m sooo glad I read your advice &amp; tips on names headlines &amp; a title? It Really made me think about it\u2026I had one in mind\u2026but not now\u2026it definately isn\u2019t the one..Thanks so much\u2026\u2026.Mine will be a catchy one."}
{"text": " I asked this exact same question in class one day. I believe the solution was the board of governors would be the ones still in control. Might be more to it than just that.   People laughed at me when i asked this question! F them! Its a good question!"}
{"text": " \"&gt;There's tons of gas stations  There have to be, because you can't fuel your car at home like an EV driver can.  The only place fast-chargers are needed are along highways for people taking long trips.  And that's exactly where they are.    Tesla Superchargers are along all major highways, spaced so that drivers can get wherever they need to go.  Sure, it's more than 5 minutes to charge up a car.  But that's offset by spending NO time waiting for the other 90% of your daily driving.  Just plug in when you get home, and you've got a full \"\"tank\"\" of electricity every morning.\""}
{"text": " Forecasting prices to the level of accuracy they purport is a fool's errand. Sell side analysts are there to get you to buy something, not to make you money.  If they truly believed their analysis was significantly better than anyone else's in the market, they would trade on their own analysis.  No one ever got rich by following analyst recommendations.  Don't believe me? Track the buy/sell recommendations in a spreadsheet for 50+ stocks. I would be shocked if you significantly outperformed the market."}
{"text": " I think I may have gotten my reasoning backwards, since beta can be thought of as just the quantification of the relationship in prices but in itself isn't the actual reason behind them.  Risk free are things such as Treasury bonds/bills."}
{"text": " Although off road bikes are designed to be powerful and durable, their body parts also get damaged due to wear and tear. You should not forget to perform routine checks on them for making sure that your bike is in excellent condition. All bikes including dirt bikes need proper maintenance."}
{"text": " If you are going to be trying clever stuff with taxes in different place, you probably need a professional. Different countries definitely have different laws on the subject.  For example (several years ago) the UK considered you absent from the UK for tax purposes from the day you left, provided you were gone for a year, whereas Canada didn't charge you tax as long as you were not in the country for six months in the year. A carefully timed move enabled me to not pay tax at all for six months because I wasn't resident anywhere. Also it was irrelevant whether I intended to stay or not."}
{"text": " \"&gt; No, I really do. Things break at least once a month, and never get fixed.  Hmmm, maybe you're just the \"\"tenant from hell\"\" to your landlord.  :)  I'm sorry you're having problems.  But it's possible your landlord is also having problems - have you tried talking about the problems instead of just calling him names?\""}
{"text": " \"&gt; Why is his age such a big deal?  Sure! Experience and studies are meaningless.   &gt; if he is competent enough and if he will guide the company effectively.  I agree with you!  Because you said \"\"if\"\" in the beginning.  You can assume with at least 98% certainty that he was not chosen to be the CFO because he's the most competent or very competent.  To be competent, you need to prove your competency based on your accomplishments in the past.  So with at least 97% certainty, he was chosen because he's the son of...\""}
{"text": " Ignorance - people might not pay attention to the value, or forgot that they had them. Fees - the gain could be too small and eaten away by fees, so it's cheaper to abandon them. Knowledge - people might not understand that they miss a chance to cash in Formal errors - when the execution is incorrectly filed and fails therefore, and the time is already run out when they realize."}
{"text": " Be your professional self no matter what. Because weeks/months afterward your true self will come out. If this so-called 'conservative' company representative does not feel you were an optimal fit so be it. Employers, are like women, they're plenty of 'fish' in the sea. And there's nothing worse then not being yourself 8 hours a day 5 days a week. Got it?"}
{"text": " Stock price is based on supply and demand. Unless the stock you are looking to buy usually has very low volume trading 100 shares isn't likely to have any effect on price. There are many companies that have millions or tens of millions of shares trade daily. For stocks like that 100 shares is barely a trivial percentage of the daily volume. For thinly traded stocks you can look at the bid and ask size but even that isn't likely to get you an exact answer. Unless you are trading large volumes your trade will have no effect on the price of shares."}
{"text": " This caught my eye because the auto industry and the parts manufacturers are notorious for pushing output and human productivity to the point where working conditions are very unsafe.  If Musk is doing exactly the same thing that is newsworthy imo."}
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{"text": " \"The response to this question will be different depending which of the investment philosophies you are using.  Value investors look at the situation the company is in and try to determine what the company is worth and what it will be worth in the future. Then they look at the current stock price and decide whether or not the stock is priced at a good deal or not. If the stock price is priced lower than they believe the company is worth, they would want to buy stock, and if the price rises above what they believe to be the true value, they would sell. These types of investors are not looking at the history or trend of what the price has done in the past, only what the current price is and where they believe the price should be in the future.  Technical analysis investors do something different. It is their belief that as stock prices go up and down, they generally follow patterns. By looking at a chart of what a stock price has been in the past, they try to predict where it is headed, and buy or sell based on that prediction.  In general, value investors are longer-term investors, and technical analysis investors are short-term investors.  The advice you are considering makes a lot of sense if you are using technical analysis. If you have a stock that is trending down, your strategy probably tells you to sell; buying more in the hopes of turning things around would be seen as a mistake. It is like the gambler in Vegas who keeps playing a game he is losing, hoping that his luck changes.  However, for the value investor, the historical price of a stock, and even the amount you currently have gained or lost in the stock, are essentially ignored. All that matters is whether or not the stock price is above or below the true value determined by the investor. For him, if the stock price falls and he believes the company still has a high value, it could be a signal to buy more. The above advice doesn't really apply for them.  Many investors don't follow either of these strategies. They believe that it is too difficult and risky to try to predict the future price of an individual stock. Instead, they invest in many companies all at once using index mutual funds, believing that the stock market as a whole always heads up over a long time frame. Those investors don't care at all if the prices of stock are going up or down. They simply keep investing each month, and hold until they have another use for the money. The above advice isn't useful for them at all.  No matter which kind of investing you are doing, the most important thing is to pick a strategy you believe in and follow the plan without emotion. Emotions can cause investors to make mistakes and start buying when their strategy tells them to sell.  Instead of trying to follow fortune cookie advice like \"\"Don't throw good money after bad,\"\" choose an investment strategy, make a plan, test it, and follow it, cautiously (after all, it may be a bad plan). For what it is worth, I am the third type of investor listed above. I don't buy individual stocks, and I don't look at the stock prices when investing more each month. Your description of your own strategy as \"\"buy and hold\"\" suggests you might prefer the same approach.\""}
{"text": " \"I'm not sure you can get a refund. In the US, companies aren't required by law to offer one. You could contact GoDaddy's customer service and ask them, but I would guess that they'll agree with the contents of the legal agreement. Unless there is another part of the agreement that does allow you to get a refund (there might be, I haven't read it), you're probably out of luck. And yes, this is legitimate. It's a legal agreement, and by checking the box (if there was one), going through with the purchase, etc. you indicated that you read and agreed to the legal agreement, and therefore accepted that you wouldn't be offered a refund. GoDaddy isn't responsible if someone purchases something from them without reading the agreement before agreeing to it. Furthermore, the legal agreement isn't the only place where the refund policy is stated. GoDaddy's page, \"\"What is Domain Buy Service?\"\" says: Your purchase is non-refundable and non-transferable. This is a help page, not something you explicitly agree to (and therefore not legally binding), but as a lesson for the future, always read the description of what you're purchasing before you purchase it. For general reference: if for some reason you were the victim of fraud, e.g. a company offered a refund in their legal agreement but refused to give it you, and you paid with a credit card, you have more options because you could work with your credit card company to potentially get your money back. In this case, however, the agreement was clear, so this isn't an option.\""}
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{"text": " \"I'd imagine they would find something wrong like \"\"too many choices are confusing to the consumer\"\".  Last year at&amp;t along with Verizon spent $20.2 million and &amp; $15.7 million respectively on lobbying and are very aggressive in creating an unfair market place in which only they can afford to play in.   As one of the examples is http://www.dslreports.com/shownews/Verizon-ATT-Lobby-to-Weaken-FCC-Spectrum-Authority-118302.  I was pleasantly surprised however when the tmobil at&amp;t merger was blocked.\""}
{"text": " Sooo the ones that knew how fucked up the system was but had essentially no say in the matter are the ones that Amazon are taking down here. Seems that in no way is big pharma taking any damage here whatsoever.  Perhaps if Amazon then gets into production of these pharmaceuticals and decides to lower the wholesale price then big pharma would be in trouble, but neither of these things are likely."}
{"text": " #####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Stagflation**](https://en.wikipedia.org/wiki/Stagflation): [](#sfw)   ---  &gt;  &gt;__Stagflation__, a [portmanteau](https://en.wikipedia.org/wiki/Portmanteau) of *[stagnation](https://en.wikipedia.org/wiki/Economic_stagnation)* and *[inflation](https://en.wikipedia.org/wiki/Inflation)*, is a term used in [economics](https://en.wikipedia.org/wiki/Economics) to describe a situation where the [inflation rate](https://en.wikipedia.org/wiki/Inflation_rate) is high, the economic growth rate slows down, and unemployment remains steadily high. It raises a dilemma for [economic policy](https://en.wikipedia.org/wiki/Economic_policy) since actions designed to lower inflation may exacerbate unemployment, and vice versa.  &gt;The term is generally attributed to a British politician who became chancellor of the exchequer in 1970, [Iain Macleod](https://en.wikipedia.org/wiki/Iain_Macleod), who coined the phrase in his speech to [Parliament](https://en.wikipedia.org/wiki/Parliament_of_the_United_Kingdom) in 1965.       &gt;Keynes didn't use the term, but some of his work refers to the conditions most would recognise as stagflation. In the version of [Keynesian macroeconomic theory](https://en.wikipedia.org/wiki/Keynesian_economics) which was dominant between the end of WWII and the late-1970s, inflation and recession were regarded as mutually exclusive, the relationship between the two being described by the [Phillips curve](https://en.wikipedia.org/wiki/Phillips_curve). Stagflation is very costly and difficult to eradicate once it starts, in human terms as well as in budget deficits.  &gt;In the political arena, one measure of stagflation, termed the [Misery Index](https://en.wikipedia.org/wiki/Misery_index_(economics\\)) (derived by the simple addition of the inflation rate to the unemployment rate), was used to swing presidential elections in the United States in 1976 and 1980.  &gt;   &gt;====  &gt;[**Image**](https://i.imgur.com/NrpgJvM.png) [^(i)](https://commons.wikimedia.org/wiki/File:Gdpercapita.PNG)  ---  ^Interesting: [^Periods ^of ^stagflation ^in ^Pakistan](https://en.wikipedia.org/wiki/Periods_of_stagflation_in_Pakistan) ^| [^History ^of ^the ^United ^States ^\\(1964\u201380)](https://en.wikipedia.org/wiki/History_of_the_United_States_\\(1964%E2%80%9380\\)) ^| [^1973\u201375 ^recession](https://en.wikipedia.org/wiki/1973%E2%80%9375_recession) ^| [^Milton ^Friedman](https://en.wikipedia.org/wiki/Milton_Friedman)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjkxhkj) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjkxhkj)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"text": " You kind of have to take what the market is offering.  The easiest way would be for you to have a system by which you could purchase the entire business and then dispose of the FFE and other liabilities as part of the sale.  Then you could pick and choose which of the clients you want to add to your portfolio of clients and those you would release back to the market.  The valuation of the transaction is the trick.  Taking the new client and managing it profitably is presumably something you feel you are well-suited to do already."}
{"text": " You'll almost never be able to patent an app idea. When it comes to software you almost always just have to accept that others are going to be able to copy your idea, so to protect your business you have to do it either a) First, and well enough to lock in a first mover advantage or b) Better than others can  You haven't said if you're a coder or not, but generally if you can develop a MVP version of it before going to Kickstarter, that's much, much better. Almost no one is going to back a Kickstarter that just has an app idea.  After that, learn as much as you can about online marketing. Don't assume that just because you have a good idea the app will take off. Getting users is hard, very hard."}
{"text": " I'd suggest you keep putting money in your savings account and start investing after you land that first big job. As another answer mentioned, unless you're fortunate enough to have all of your tuition and living expenses paid for, an emergency fund is an invaluable tool for a college student. And the bigger the better. Your laptop gets stolen or your car's air conditioner (or heater) dies -- both of these things happened to me in college -- and it would have been a much bigger deal for me if I didn't have some money tucked away."}
{"text": " If I hold a bond then I have a debt asset. If I hold physical silver then I have a commodity asset. If I hold the stock of an individual company then I have an equity asset. Equities, commodities and debts are the three kinds of assets that a person can hold.  Edit: I forgot one other kind of asset; monetary asset. If I stuff my mattress with cash (USD) I am holding a monetary asset.  Short-term Treasury Bills really behave more like a monetary asset than a bond. So besides actual, physical, currency I would categorize T-bill as a monetary asset.  https://www.treasurydirect.gov/indiv/products/prod_tbills_glance.htm"}
{"text": " \"Seems like you are concerned with something called assignment risk. It's an inherent risk of selling options: you are giving somebody the right, but not the obligation, to sell to you 100 shares of GOOGL. Option buyers pay a premium to have that right - the extrinsic value. When they exercise the option, the option immediately disappears. Together with it, all the extrinsic value disappears. So, the lower the extrinsic value, the higher the assignment risk. Usually, option contracts that are very close to expiration (let's say, around 2 to 3 weeks to expiration or less) have significantly lower extrinsic value than longer option contracts. Also, generally speaking, the deeper ITM an option contract is, the lower extrinsic value it will have. So, to reduce assignment risk, I usually close out my option positions 1-2 weeks before expiration, especially the contracts that are deep in the money. edit: to make sure this is clear, based on a comment I've just seen on your question. To \"\"close out an options position\"\", you just have to create the \"\"opposite\"\" trade. So, if you sell a Put, you close that by buying back that exact same put. Just like stock: if you buy stock, you have a position; you close that position by selling the exact same stock, in the exact same amount. That's a very common thing to do with options. A post in Tradeking's forums, very old post, but with an interesting piece of data from the OCC, states that 35% of the options expire worthless, and 48% are bought or sold before expiration to close the position - only 17% of the contracts are actually exercised! (http://community.tradeking.com/members/optionsguy/blogs/11260-what-percentage-of-options-get-exercised) A few other things to keep in mind: certain stocks have \"\"mini options contracts\"\", that would correspond to a lot of 10 shares of stock. These contracts are usually not very liquid, though, so you might not get great prices when opening/closing positions you said in a comment, \"\"I cannot use this strategy to buy stocks like GOOGL\"\"; if the reason is because 100*GOOGL is too much to fit in your buying power, that's a pretty big risk - the assignment could result in a margin call! if margin call is not really your concern, but your concern is more like the risk of holding 100 shares of GOOGL, you can help manage that by buying some lower strike Puts (that have smaller absolute delta than your Put), or selling some calls against your short put. Both strategies, while very different, will effectively reduce your delta exposure. You'd get 100 deltas from the 100 shares of GOOGL, but you'd get some negative deltas by holding the lower strike Put, or by writing the higher strike Call. So as the stock moves around, your account value would move less than the exposure equivalent to 100 shares of stock.\""}
{"text": " Sure. Download the hash list:   https://rapidshare.com/files/3253529642/combo_not.zip  Unzip and stick in your favourite text editor. Then go here:   http://hash.online-convert.com/sha1-generator    Stick your pw in that first box. Hit 'Calculate hash'. Take the first plain hex string in the green box and search for it in the hash list in your text editor."}
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{"text": " \"I agree. But the whole argument justifying the tax breaks for the rich is that they are the \"\"job creators.\"\" Giving poor people tax breaks and handouts is because they may often need them. There is no necessity to give them to the rich because they would do just fine anyways. But if they are job creators fueling the economy then the fatcat fucks in Congress can rationalize making sure their taxes and those of their contributors stay low.\""}
{"text": " Oh that's a good idea. Thank you. I also reached out to another guy that I know owns a talent hiring website and we'll see what he has to say. Thanks again man, this is the kind of stuff I come to Reddit for. Better than Google sometimes :-)"}
{"text": " Seriously. Lately it seems like it's shrinking as well. Just last night I figured I'd pop on and watch a couple episodes of MASH, nope gone. Ok, maybe start another binge of Futurama, nope first 5 seasons are gone. Ok, fine I'll just go back and pick up on Bones, nope another one with the first 5 seasons gone. Oh but hey, there are a bunch of WW2 propaganda movies and stand up specials that were just added."}
{"text": " An ideal investment for a highly risk tolerant college grad with a background in software and programming, is a software company. That's because it's the kind of investment that you will be able to judge better than most other people, including yours truly. Hopefully, one day the software company for a highly risk tolerant investor will be your own.(Ask Bill Gates or even Michael Dell, although the latter was more involved in hardware.)"}
{"text": " Mention your computer skills, organizational abilities, talk about the stress of waitressing and how you manage to stay cool and balance numerous tasks.   Talk about how you never forget small details, how you cqn juggle a lot of thoughts and stay organized. Reiterate your computer skills.  Mention any future finance coursework you may want to take.  And keep in mind he may very well be hoping you'll fuck him. Ive known a couple women who got into this exact situation, nothing too forward from the guy but when they were all professional they stopped getting hours."}
{"text": " \"If you don't plan to stay in it, it is never good money to try to buy a house in a bad neighborhood. The question you want to be asking is probably \"\"Is it smart to buy this piece of real estate,\"\" not \"\"is it smart to buy a house in college.\"\"  In this case, it's probably not smart because you won't actually have revenue from the property (you'll break even compared to renting), you may face some expensive repairs (water heater or other appliances going out, etc.), and you may find that your startup costs in things like lawn mowers, etc. is not worth the hassle (or cost of lawn service if you have someone else do it.) On top of that, can you get a loan with your proven income and assets? Don't forget to factor the cost of selling the house again into it -- and how long can you leave it on the market after you move out if it doesn't sell without going bankrupt yourself? In my opinion, it'd be a giant albatross around your neck.\""}
{"text": " \"I think it will prove to be a futile attempt by Google BUT, I'm glad they are trying.  Competition is a good thing.  It will keep pushing Amazon to be better and better and not fall asleep at the wheel as so many \"\"monopolies\"\" end up doing.  I'm all in on Amazon:  AMZN stock, AWS, Amazon shopping, you name it!\""}
{"text": " Is my observation that the currency exchange market is indirect correct? Is there a particular reason for this? Why isn't currency traded like stocks? I guess yes. In Stocks its pretty simple where the stock is held with a depository. Hence listing matching is simple and the exchange of money is via local clearing. Currency markets are more global and there is no one place where trades happen. There are multiple places where it happens and is loosely called Fx market place. Building a matching engine is also complex and confusing. If we go with your example of currency pair, matches would be difficult.  Say; If we were to say all transactions happen in USD say, and list every currency as item to be purchased or sold. I could put a trade Sell Trade for Quantity 100 Stock Code EUR at Price 1.13 [Price in USD]. So there has to be a buy at a price and we can match. Similarly we would have Stock Code for GBP, AUD, JPY, etc. Since not every thing would be USD based, say I need to convert GBP to EUR, I would have to have a different set of Base currency say GBP. So here the quantity would All currencies except GBP which would be price. Even then we have issues, someone using USD as base currency has quoted for Stock GBP. While someone else using GBP has quoted for Stock USD. Plus moving money internationally is expensive and doing this for small trades removes the advantages. The kind of guarantees required are difficult to achieve without established correspondence bank relationships. One heavily traded currency pair, the exchange for funds happens via CLS Bank."}
{"text": " \"Can is fine, and other answered that. I'd suggest that you consider the \"\"should.\"\" Does your employer offer a matched retirement account, typically a 401(k)? Are you depositing up to the match?  Do you have any higher interest short term debt, credit cards, car loan, student loan, etc?  Do you have 6 months worth of living expenses in liquid funds?  One point I like to beat a dead horse over is this - for most normal mortgages, the extra you pay goes to principal, but regardless of how much extra you pay, the next payment is still due next month. So it's possible that you are feeling pretty good that for 5 years you pay so much that you have just 10 left on the 30 year loan, but if you lose your job, you still risk losing the house to foreclosure. It's not like you can ask the bank for that money back.  If you are as disciplined as you sound, put the extra money aside, and only when you have well over the recommended 6 months, then make those prepayments if you choose.  To pull my comment to @MikeKale into my answer - I avoided this aspect of the discussion. But here I'll suggest that a 4% mortgage costs 3% after tax (in 25% bracket), and I'd bet cap gain rates will stay 15% for non-1%ers. So, with the break-even return of 3.5% (to return 3 after tax) and DVY yielding 3.33%, the questions becomes - do you think the DVY top yielders will be flat over the next 15 years? Any return over .17%/yr is profit. That said, the truly risk averse should heed the advise in original answer, then pre-pay. Update - when asked,in April 2012, the DVY I suggested as an example of an investment that beats the mortgage cost, traded at $56. It's now $83 and still yields 3.84%. To put numbers to this, a lump sum $100K would be worth $148K (this doesn't include dividends), and giving off $5700/yr in dividends for an after-tax $4800/yr. We happened to have a good 4 years, overall. The time horizon (15 years) makes the strategy low risk if one sticks to it.\""}
{"text": " \"Fitting a description? Stop it. That's a gut feeling you have no evidence of.  Let's talk numbers.   She took home $76 a day from Popeyes without taxes. She currently only has one job, so let's operate on that.  She takes home $313 after taxes a week coming to $1278 per month.  She has two sons. Let's say she has a two bedroom apartment. The medium price for that in Missouri is $883. The article mentioned her son's were two bus rides away. She can't drive because she can't afford insurance. A monthly bus pass for one person in Kansas City is $50. After Taxes, Rent, and transportation she has $345. According to USDA, her two sons would need $348 for a month \"\"thrifty\"\" (lowest income) level food budget because they're 14 and 15. She's already broke after Food, Rent, and Transportation.   We haven't discussed utility or phone bills. Her children's transportation,Internet service, Clothing,Heat, or School supplies.   Are their larger issues at play that allow this to happen? Absolutely. However,  the minimum wage used to keep a family of three out of poverty. She's the head of a family of three and she's homeless. Her spending habits could've been better when she had two jobs. However, we don't know those, Her debt,  the percentage of her money that goes to health care or any ailments her children might have, but we do know she suffers from high blood pressure. Which the average black patient spends $887 a year on hypertension medication.   You're also completely disregarding that poor people can't do things in Bulk. It's more sensible to buy something that cost 0.15 per unit as opposed to 0.25 per unit. However, if you can't afford the bulk item, you're stuck buying the one with less value.   Her house was condemned. She had to move. Signing a lease usually requires The First Month, Last month, and security deposit. If we're operating on the median rent, we're asking her to come up with close to 2700 dollars in a day.   Do I think we should have a nation $15.00 Minimum wage? no. Do I think minimum wage should be based on average cost of living and median housing in states/large cities? Yes.  Sources:   https://www.cnpp.usda.gov/sites/default/files/usda_food_plans_cost_of_food/CostofFoodJul2014.pdf  https://www.cbsnews.com/news/most-americans-cant-handle-a-500-surprise-bill/  http://piperreport.com/blog/2013/05/13/health-care-spending-hypertension-cost-high-blood-pressure/  http://store.kcata.org/31daypass.php  /u/philosoraptor1000 it's not just personal responsibility. The cost of living has skyrocketed. The minimum wage hasn't. Your sarcasm is trash too.   /u/thewaywardsaint This sub has become a joke because users like you spew trash, condescending, opinions instead of voicing your opinion using facts, concepts and numbers.\""}
{"text": " I have the mortgage from Lender A. Can I get a HELOC from Lender B? Yes. Do banks pull my credit to approve a HELOC account? Yes. How is it reported to the credit bureaus and how does it affect my credit (Let's say my limit is $30k and I use all of $30k)?  It is reported as HELOC and the current balance. Similar to credit cards (in fact, some banks report it exactly as credit cards). Anything unique about it's tax deduction? Same as mortgage, except that the limit is $100K unless used for home improvement. Anything else to watch out for? LTV - Loan to Value. This is the ratio of your overall home value to the indebtedness secured by the home. Currently, your LTV is 93% (you have 7% equity). For HELOC, most banks require the LTV, including the HELOC, not to exceed 75%. So the chances you'll get a HELOC are pretty slim."}
{"text": " Republican voters need to stop thinking that the GOP supports small business. In fact they dont, they work agressively to margnialize small business because small businesses dont have the political clout that large multinationals do. What happens in this scenario? You the small busienss owner end up subdiziding the cost of big business in the form of higher taxes while big corporations get away scot free. Stop believing that the GOP wants to help small business when the GOP has supported every pro-monpolization and pro-consolidation law for the past 90 years. I sympathize with workers who do personal care, other kinds of jobs where they really are at the mercy of the market, where making smart decisions that negatively impact employees is often a choice between staying in business or not."}
{"text": " Other than the capitalist owner/slave wage deal the Libertarians (US political party Austrian-market wingnuts, not social libertarians in general) so zealously defend.  Face it, nobody who has a boss is free and no system in which bosses may exist is one to aspire to. This is the core of libertarian philosophy. To declare that libertarian logic doesn't include full freedom in the workplace is to declare that liberty doesn't apply to the worker.  If you're a submissive or a dominant, fine, no problem with you as a person. Just keep your fetish to your bedroom, not our workplace nor our neighborhood nor our planet."}
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{"text": " you asked for strategies which use deep in the money options:  dividend mispricing can use deep in the money options, basically its an arbitrage play on ex-dividend dates. and any kind of spread can use deep in the money options, depending on how wide you want your spread to be"}
{"text": " when weed is no longer a crime to grow, nobody will pay for it, but instead they will have a couple of plants growing in the kitchen window..  tobacco is a hideous drain upon the economy, not the other way around."}
{"text": " \"I was rooting for the cancer. If you can't figure out by 30 that basic decency not only is intrinsically good, but is also in your own self interest you don't deserve the basic respect of others.  Shitty humans do more damage to the planet on a day to day basis than any \"\"genius\"\" does good.   This stupid prick took an existing technology, dumbed it down to attract the stupid, and prettied it up to attract the narcissistic.  You venn diagram the stupid and the narcissists on this planet and you'll see how it wasn't rocket science.\""}
{"text": " Nice try at drumming up drama for your shitty blog article, cnn blogger. I see you managed to quote me out of context and without opportunity to rebuttal. Also, as usual with cnn, you're about a week late.    Yawn."}
{"text": " So I'm not an expert regarding this topic, but the languages i have heard thrown around are  vba (excel), R, stata and python.  Out of these, I think python is the base foundation and then Vba for excel.   Whatever you do, research into these fields. For example, I use to think IB was the end goal without even knowing wtf they do, everyone just kept on talking about. They are just high powered salesman. Also, sadly the truth is if you aren't from a prestigious school high finance is out of the question. Don't waste your time. Also, don't think it's something you are missing out on. Their lives suck was from what I hear and plenty of money can be made elsewhere.   My friend went to cal, got into boutique Ib, he quit after a few years stating his life was miserable. Fuck that. As an economics major you will find out that happiness is important.   Spend your time wisely. Career choice is a big decision."}
{"text": " Supply and demand... It creates an equilibrium.   Right now there is a food surplus so prices and production should go down.   If there is a food shortage... Prices should be allowed to go up which will create money-making opportunities and food production will increase.  The Communist types of US agriculture policies don't fix pricing, supply or demand issues.   Being able to produce agriculture products below cost creates a surplus that winds up getting dumped on other countries.   Government subsidy corn from the US has decimated the agriculture industries in countries that don't subsidize agriculture like Mexico.   Our communist types of agriculture policies hurt WAY more farmers than they help."}
{"text": " Houses are larger, but also more expensive.  There are several things that people in 1979 didn't have that now are considered utilities: internet, cable, and cell service.  Essentially what the author is saying, I think, is that wages have been replaced in part by provided services, whether we want or need them, or not.  And the cost of living has been augmented by increased product utility; we pay more for our vehicles, for instance, but they are safer, more efficient, last longer, and have more goodies.  Essentially, what the Cato institute is saying is that we should ignore what we are being paid, and just be happy with all the gadgets we can get on the cheap, and the services that are provided for us."}
{"text": " \"While I personally find multi-camera comedies extremely unappealing, shows like The Big Bang Theory are one of the most popular in the country.  Netflix is probably trying to tap into that market.  At the very least, I can see those comedies being relatively cheap and drawing enough viewers to be \"\"profitable\"\" in Netflix's eyes.\""}
{"text": " If you are thinking to buy the Rolex watches in Dubai, then there is one of a trustworthy online shop, i.e. \u201cMamiya Diamonds\u201d. We cater all the luxury watches of a wide variety of brands, in which all types are included, i.e. new and second hand."}
{"text": " The value of a foreign stock is subject to fluctuations in the foreign currency value; this is not the case for domestic stocks."}
{"text": " We can't know the future, of course, but we know that on average it's better to invest a lump sum. We can look at some periods of recent history to get a sense of the difference between a lump sum 450k investment and maybe say 5 years of 90k. Using S&P 500 return rates, let's say you started investing on Jan 1, 2008: Here, spreading your investing over 5 years earns you an extra $163k.  Starting a year later, the same strategy would earn you $327k less than a lump investment: I looked at some other periods, but the story doesn't change from what we already knew; you can reduce risk of losing a big chunk due to a bad year, but it comes at the cost of potential gains. Perhaps you could make a killing by waiting for the next down-turn and buying on the cheap, or maybe you'll just be wasting time and money as the market enjoys sustained growth. I'd go with a lump, trusting the averages; but you're right, another 2008 with no recovery would suck. As for holding $50k back it depends primarily on your monthly budget, many people suggest a 3-8 month liquid emergency fund, I like 6 months. Go with what you're comfortable with."}
{"text": " From a purely financial standpoint, you should invest using whatever dollars get you the best rate. The general rule of thumb that I've come across is that if you are making another person/company change your money into another nation's currency, they will likely charge a higher exchange rate than you could get yourself. However, it really depends on your situation, how easy it is for you to exchange money, what your exchange rate is, and what your broker is charging you to exchange to USD (if on the off chance this is truly nothing, then stick with CAD). Don't worry about the strength of the USD to CAD too much because converting your money before you make purchases doesn't allow you to buy more shares. For the vast majority of people, trying to work with national currency exchange rates makes things unnecessarily complex."}
{"text": " If you're so passionate about it you should have brought the case initially. If you hate the attorneys fees you should have gone to law school for 3 years (borrowed $150k to do it) then passed the bar and litigated this suit yourself with your own $2 million to fund it."}
{"text": " This even happens in union environments.  I work for a company that is heavily unionized and company seniority is all that matters.  If there isn't enough work for a full timer to do, he is allowed to bump two part timers out of their hours for the day.  When the economy really tanked a few years ago, we had guys with three or four years of seniority who were getting bumped out of their hours regularly because our volume was way down.  Newer hires weren't getting any hours at all because they were at the bottom of the seniority list."}
{"text": " Insiders are prevented from buying or selling shares except at certain periods right after information is disclosed publicly. But. People have bills to pay and kids to put through college and whatnot. So an insider can set up a plan where shares are sold on a specific schedule and they have no control over number of shares or timing. These plans (covered under rule 10b5-1) allow insiders to generate cash flow without immoderately benefiting from their inside information. Sales under these plans can mostly be ignored when trying to figure out the fortunes of a company from insider trades."}
{"text": " \"Some banks allow mint.com read-only access via a separate \"\"access code\"\" that a customer can create.  This would still allow an attacker to find out how much money you have and transaction details, and may have knowledge of some other information (your account number perhaps, your address, etc). The problem with even this read-only access is that many banks also allow users at other banks to set up a direct debit authorization which allows withdrawals.  And to set the direct debit link up, the main hurdle is to be able to correctly identify the dates and amounts of two small test deposit transactions, which could be done with just read-only access. Most banks only support a single full access password per account, and there you have a bigger potential risk of actual fraudulent activity. But if you discover such activity and report it in a timely manner, you should be refunded. Make sure to check your account frequently. Also make sure to change your passwords once in a while.\""}
{"text": " The underlying investment is usually somewhat independent of your mortgage, since it encompasses a bundle of mortgages, and not only yours. It works similarly to a fund. When, you pay off the old mortgage while re-financing, the fund receives the outstanding debt in from of cash, which can be used to buy new mortgages."}
{"text": " Interest payments You can make loans to people and collect interest."}
{"text": " It's a little extra hassle come tax-time if you have a distribution to account for, as you'd be required to file Form 8606. If you pay for tax-preparation the extra fees could easily wipe out any interest earned.  Roth IRA savings accounts don't seem to earn much interest, so while you could come out slightly ahead with this approach, I don't think it's worth it. I prefer to keep a portion of my emergency fund in an online savings account (0.75% interest), and another portion in CD's (2.10% interest) through the same bank."}
{"text": " \"I'm a big fan of modern nuclear, but I'm happy to see obsolete PWR projects die.  The thing to keep in mind is that today's commercial nuclear technology is using the old razor/blade business model. The \"\"blades\"\" they sell are pre-cast fuel rods, which are exactly the thing which causes the nuclear waste issue.  Better reactor designs don't work that way - which should make them cheaper to run but require a new business model to get them built.\""}
{"text": " \"Massaging statistical data is an art form.  Probably the most common tactic to manipulate without manipulating is to not measure something that is not immediately connected to the stat, but is absolutely influencing it.  Then there is scope manipulation (we see this with the wage gap stats) where data will be purposely aggregated at a level outside of the scope.  My pet peeve with national stats is when people will compare data collected in the US where we regulate thoroughly to data collected in a country like China where they live by the mantra \"\"if you are not cheating then you are not trying\"\".  Education stats for instance that always make us look bad when we absolutely know the Chinese are padding like crazy.\""}
{"text": " So I did some queries on Google Scholar, and the term of art academics seem to use is target date fund. I notice divided opinions among academics on the matter. W. Pfau gave a nice set of citations of papers with which he disagrees, so I'll start with them. In 1969, Paul Sameulson published the paper Lifetime Portfolio Selection By Dynamic Stochaistic Programming, which found that there's no mathematical foundation for an age based risk tolerance. There seems to be a fundamental quibble relating to present value of future wages; if they are stable and uncorrelated with the market, one analysis suggests the optimal lifecycle investment should start at roughly 300 percent of your portfolio in stocks (via crazy borrowing). Other people point out that if your wages are correlated with stock returns, allocations to stock as low as 20 percent might be optimal. So theory isn't helping much. Perhaps with the advent of computers we can find some kind of empirical data. Robert Shiller authored a study on lifecycle funds when they were proposed for personal Social Security accounts. Lifecycle strategies fare poorly in his historical simulation: Moreover, with these life cycle portfolios, relatively little is contributed when the allocation to stocks is high, since earnings are relatively low in the younger years. Workers contribute only a little to stocks, and do not enjoy a strong effect of   compounding, since the proceeds of the early investments are taken out of the stock   market as time goes on. Basu and Drew follow up on that assertion with a set of lifecycle strategies and their contrarian counterparts: whereas a the lifecycle plan starts high stock exposure and trails off near retirement, the contrarian ones will invest in bonds and cash early in life and move to stocks after a few years. They show that contrarian strategies have higher average returns, even at the low 25th percentile of returns. It's only at the bottom 5 or 10 percent where this is reversed. One problem with these empirical studies is isolating the effect of the glide path from rebalancing. It could be that a simple fixed allocation works plenty fine, and that selling winners and doubling down on losers is the fundamental driver of returns. Schleef and Eisinger compare lifecycle strategy with a number of fixed asset allocation schemes in Monte Carlo simulations and conclude that a 70% equity, 30% long term corp bonds does as well as all of the lifecycle funds. Finally, the earlier W Pfau paper offers a Monte Carlo simulation similar to Schleef and Eisinger, and runs final portfolio values through a utility function designed to calculate diminishing returns to more money. This seems like a good point, as the risk of your portfolio isn't all or nothing, but your first dollar is more valuable than your millionth. Pfau finds that for some risk-aversion coefficients, lifecycles offer greater utility than portfolios with fixed allocations. And Pfau does note that applying their strategies to the historical record makes a strong recommendation for 100 percent stocks in all but 5 years from 1940-2011. So maybe the best retirement allocation is good old low cost S&P index funds!"}
{"text": " You're realizing the perils of using a DCF analysis.  At best, you can use them to get a range of possible values and use them as a heuristic, but you'll probably find it difficult to generate a realistic estimate that is significantly different than where the price is already."}
{"text": " We constantly hear that there are not enough trades-people to fill manufacturing roles. This is what happens when you offshore everything possible for the last 30 years. No one wants to go into a trade that will be offshored plus there are too few of those positions to apprentice in. Stop the boo-hooing big business, man-up and invest in some of your fellow citizens."}
{"text": " \"That was just one example, there are other things that could be implemented. Some countries, like the UK, have different wages for lower age groups. So your example could have an under 21 or an \"\"under 24\"\" wage, unless married or legally emancipated like with the FAFSA. Or we could expand the work-study program so that students can get jobs and employers pay part of the salary and taxes covers some.   Or there's a limit on the number of employees that can be considered on apprenticeship at any given time. There are lots of ways to address things.   We already have various rules that have exceptions for different industries. Farmhand wages, tipped workers, etc. There could be other options.\""}
{"text": " \"Sounds like a bitter douchebag who got passed over by some awesome bootstrappers.  Wait, what?   Now seriously - you know what that polemic of mine was about? Reaching people. Shaking them up. And it's done a far better job than any \"\"reasonable\"\" essay could.   EDIT: I didn't ask anyone to vote on anything, FYI. And thanks for the compliments. But I would like to see numbers on your \"\"higher probability for success\"\" from venture capital.\""}
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{"text": " Don't try individual stocks. If you have a job, any job, even one from mowing lawns, you can open a Roth IRA. If you are under 18 you will need your parents/guardian to setting up the account. You can put the an amount equal to your earned income into the Roth IRA, up to the annual maximum of $5500. There are advantages to a Roth IRA:  What happens if you are using your income to pay for your car, insurance, etc? You can get the money from your parents, grandparents. The only rule is that you can't invest more than you have earned. Act before Tax day (April 15th). You know what you made last year. If you open the account and make the contribution before April 15th it can count for last year, as long as you are clear with the broker/bank when you make the deposit."}
{"text": " \"1.Why is there no \"\"United States Treasury\"\" endorsement? Why should there be, and what do you think it would look like? Some person at Treasury sitting at a desk all day signing \"\"Uncle Sam\"\"? At most you would expect to see some stamp, because it's clear that no person is going to sign all of these checks. 2.Can I have the check returned for proper endorsement? No, this is none of your business unless you have some serious reason to believe that someone other than the treasury cashed your check. (If that were really your concern, then you'd have a bigger issue than the endorsement.) 3.If I am required to endorse checks made out to me, why isn't the US Treasury? As others have noted, an endorsement is often not required as long as the name on the check matches a name on the account to which it is deposited.  Individual banks may have stricter rules, but that's between you and your bank.\""}
{"text": " From a quick google, apparently 5% of government contracts need to go to women- or minority-owned small businesses, with another 18% going to small businesses more generally.   If your company was bumped, it was b/c they were on the bubble in terms of quality/price, and inevitably the only reason were able to contract in years prior was b/c of the rules discriminating against large businesses over small businesses.  The more concerning take away in all of this, is how on earth is it a struggle to hit the 5% target without any sort of affirmative action intervention.  A bit of an eye-opener on the extent of systemic racism / inequality of opportunity that exists today.  We really should be doing more to support minority owned businesses, and more importantly addressing the apparently inequity in opportunity in our business culture."}
{"text": " Agreed.  The number of capable people who are either unemployed and/or willing to work for less in the world is a few multiples of the entire USA population.    The USA really doesn't need more workers because they cannot compete with the rest of the world.  Unfettered world wide trade might be good for the world, but it is not so good for the bottom 50%-30% of the USA.    Something about concentrated costs and diffuse benefits."}
{"text": " \"There is no doubt that this is a scam (you ask a British solicitor for help with this sort of problem, not an American friend) but it's not as obvious as some answers seem to assume. Inheritance taxes always have to be paid before legacies can be received, and the funds are part of the estate not \"\"in the hands of the government\"\". There are certainly ways round the problem (which vary by country), but if the facts were as the asker sets out, this would be a reasonable request. You can bet they aren't and it isn't.\""}
{"text": " It may become difficult to rent a car or a hotel room. It may affect your ability to get a job. Some employers now check credit reports and disqualify candidates with a poor credit report. It may affect your ability to get a security clearance or professional bonding. It may affect your ability to find housing. Many landlords check credit reports. You may be harassed morning, noon, and night by collection agencies. This can be theoretically solved by declaring bankruptcy, but the bankruptcy court may force the sale of some of your assets to make payments towards your debt."}
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{"text": " Only if you sell the stock in question, and use the proceeds to buy other stock. (You should probably never feel bad about selling your company stock, even if it goes up a lot later, because from a risk-exposure basis you are already exposed to your company's performance through your career. Unless you have a lot of other savings, you should diversify.)"}
{"text": " &gt;giving students 1 trilion to pay off all student loans isn't inflationary, it would be deflationary  No. If you have to print money out of thin air and letting it circulate in the economy then you are expanding the money supply (inflation). It would have to contract the money supply to be deflation. Even if the money is being spent on student loan payments it is still circulating in the economy, provided the recipients of the loans (banks or government depending) use it later.  Debt was created out of thin air. Sure. But debt is not money so it has nothing to do with inflation or deflation. It can be paid back over long periods of time (in the case of student loans 35 years). The government could pay students back over the course of 50 years to reduce the debt burden for them, but it would hardly be getting the same amount back in tax revenue. The government gives someone $1,000 and they spend it all, you might generate a couple hundred dollars in taxes over the course of the year if that money keeps changing hands.  This solution is not feasible. Those in Occupy need to come up with something more realistic."}
{"text": " To be fair, Trump doesn't wear a hairpiece.  It is, in fact, his real hair.  That's why it looks so hideous - it's a combover.  With his money, if he wanted to buy fake hair it would look a heckofalot better than that."}
{"text": " If you are married filing separately, you need to choose the same type of deduction (standard or itemized) as your spouse. Since you checked the box on line 23b, you indicated that your spouse chose the standard deduction, so you must use the standard deduction also.  The standard deduction for married filing separately this year is $6300, but because you checked one of the boxes for yourself in 23a, you get to add another $1250 to your standard deduction, for a total deduction of $7550. This number belongs in line 24."}
{"text": " \"once again: the problems you have commented about (i.e. decline of UK manufacturing and foreign policy) and your very crude version of historical causality, combined with the policy conclusions you have suggested (the need for common immigration and policy regime with the US) suggest to me that either you haven't quite grasped post-war euopean history, or you've ventured into the realm of conspiracy theory.   PS: \"\"when they're charismatically explained in such a systematic and specific way\"\" is not a phrase commonly used in english. explain what you mean by that, please.\""}
{"text": " I like this part:  &gt;Because insurance companies are required to take all applicants, healthy people (especially the young) would be wise to pay the penalty rather than buy the insurance. This makes the pool of insured individuals sicker and more costly, on average, and their premiums will higher. With higher premiums, more people will choose to pay the penalty, and a downward spiral will unfold.  Which is the exact opposite of reality.  If you have more people in an insurance pool, premium costs go down, which is the whole point of the individual mandate.  It's like they're trying to scare people to not buy health insurance and waste it on a fine instead.  Real nice."}
{"text": " Yes, it's a simple calculation. (x+0.0625x)=200 or x=200/1.0625 = $188.24 Technically $188.24 plus tax comes to $200.01. I would just eat the extra $0.01."}
{"text": " As mentioned in the comments, there are costs associated with owning & living in an apartment. First you have to pay maintenance charges on a monthly basis and perhaps also property tax. Find out the overall outgoings when you live in that apartment & add the EMI payments to the bank, it should not be way higher than your current rent. As an advantage you are getting an asset when you buy an apartment & rent is a complete loss, ast least financial terms. So, real estate is in general a good idea over paying rent. As for the loan part, personal loans are by far the most expensive of loans as they are in general unsecured loans (but do check with your bank). One way is to try and get a student loan, which should be cheaper. If you can borrow from family that is the best option, you could return the money with perhaps bank fixed deposit rates, it is better to pay family interest than bank. If none of the options are workable, then personal loan is something you need to look at with a clear goal to pay it off as soon as possible and try to take it in stages, as an when you require it and if possible avoid taking all the 15,000/- at once."}
{"text": " \"This is the kind of scenario addressed by Reddit's /r/personalfinance Prime Directive, or \"\"I have $X, what should I do with it?\"\" It follows a fairly linear flowchart for personal spending beginning with a budget and essential costs. The gist of the flowchart is to cover your most immediate costs and risks first, while also maximizing your benefits. It sounds like you would fall somewhere around steps 1 and 3. (Step 2 won't apply since this is not pretax income.) If you don't already have at least $1000 reserved in an emergency fund, that's a great place to start. After that, you'll want to use the rest to pay down your debt. Your credit card debt is very high interest and should be treated as a financial emergency. Besides the balance of your gift, you may want to throw whatever other funds you have saved beyond one month's expenses at this problem. As far as which card, since you have multiple debts you're faced with the classic choice of which payoff method to use: snowball (lowest balance first) or avalanche (highest interest rate first). Avalanche is more financially optimal but less immediately gratifying. Personally, since your 26% APR debt is so large and so high interest, I would recommend focusing every available penny on that card until it is paid off, and then never use it again. Again, per the flowchart, that means using everything left over after steps 0-2 are fulfilled.\""}
{"text": " This depends on the loan calculation methodology. If it is on reducing balance then yes. Else not much difference"}
{"text": " I'm 50ish: still play video games and just recently started needed power naps.    Getting stuff done, automation and other work is really the only thing that provides satisfaction.  I volunteer to teach kids coding and help neighborhood kids with mechanical stuff.   Never was big on going out.    Taking a vacation to a white sandy beach would drive me nuts after about six hours.  My vacations seem to look a lot like work too :)"}
{"text": " Factors to consider: For the taxable investments:"}
{"text": " You want to regard loans as short-term, last-ditch, desperate effort for when you get caught in a bad spot and have a good, workable plan to get out of it.  You don't ever want to start a business on borrowed money, unless you're an expert in the field of your business with a lot of experience in running businesses in that sector.    The best thing to do is to get a job and save all your money to start a business that will make you enough money to start the business you really want.  You may need to start a business to get the money to start a business to get the money to start a business to get the money to start the business you want.  Whatever it takes, really.  Just do it all yourself.  Don't accept loans or favors.  Also, the whole world (except Amazon) is moving from brick-and-mortar to the internet, and you're trying to move internet sales to brick-and-mortar.  It's a little backward-looking.  It could work, but there's probably some research you could do to test the feasibility of this idea.  You need to be creative in designing effective, science-based ways to predict your success or failure.  Don't worry about licensing issues with wholesalers.  That's not something to be worried about, at this point."}
{"text": " &gt;I want a guy who has spent 20 years in such a blue-collar job to be able to earn as much as a computer programmer who only graduated a couple of years ago.  So you want low skill jobs to pay more than high skill jobs based solely on seniority. Do some research into the Italian or Spanish economy. That's pretty much what you advocate. It's a terrible idea that would probably destroy the US economy."}
{"text": " Are you being willfully obtuse? Of course you can do both. However, had you never been taxed you'd have that same money to spend as you see fit, such as giving it to charity. Mind blowing right?   Oh so you know how to spend that money better huh? Maybe I say I know how to spend your money better than you. Fuck your charity for down syndrome. People with prostate cancer need it more. Here's your tax bill :)"}
{"text": " I didn't vote one way or another.  But this passes for analysis?   It seems like a bunch of childish name-calling.  &gt;  mainstream media propaganda ... talking head breathlessly ... Wall Street oil analysts ... paid hundreds of thousands of dollars ... paraded on CNBC ... episode of a never ending reality show ... sedated ... brainless twits ... corporate mainstream media ... promoting the storyline of those in power  ... government drones   Edit: above is from the opening paragraph."}
{"text": " \"There's a subtle difference. An MLM is allowed/legal if you can buy products at price A from the company and re-sell them at higher price B to your customers. Pyramid schemes almost always disguise themselves as MLM's. In Herbalife's new report they said they met the FTC's guidelines of earning at least 80% of their revenues from \"\"real customers outside of their distributor network\"\". In fact they said the number is closer to 90%. I find this particularly interesting because this number was real close to 0% less than a year ago and it magically has surpassed 80% in a short amount of time. Doesn't really add up.\""}
{"text": " Long term gains are taxed at 15% maximum.  Losses, up to the $3K/yr you cited, can offset ordinary income, so 25% or higher, depending on your income. Better to take the loss that way. With my usual disclaimer: Do not let the tax tail wag the investing dog."}
{"text": " It really confuses me how businesses and politicians fail to see how much of a problem this is, even beyond issues is social inequality. An economy in which the middle class is earning less is an economy with less growth potential.   When a company is squeezing employee wages, on par with other businesses, the end result is a smaller pie for them to carve out. The look at their immediate bottom line in which the weight if wages has gone down, but fail to see that they have weakened the market (for broad-based, community serving markets, at least), and so are shrinking demand.   Even if you assume that only 80% of those $93 Billion are for low and middle class wages, that is still $74 billion less demand.   For decades we've heard that the middle class is what fuels the economy, yet the fact that the wages if the middle class are waning are seen as trivial and nothing to worry about..."}
{"text": " I don't have a business relationship with Hire.Bid, I just use it to get extra money whenever I am free, so I thought I could share it in the case someone else is interested. If you know any other app like this, feel free to share it, maybe I can use it too.  For GiftBac, I wanted to find out if anyone used it before and let me know if it is trustable. About PinkApp, I wanted to know people's thoughts about it to see if it was worth investing in. For now, I am looking for more ways to make money."}
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{"text": " In India, in the money options get exercised automatically at the end of the day and is settled at T+1(Where T is expiry day). This means, the clearing house  takes the closing price of the underlying security while calculating the amount that needs to be credited/debited to its members. Source: - http://www.nseindia.com/products/content/derivatives/equities/settlement_mechanism.htm"}
{"text": " I get the feeling the value of reddit is not presented as something that makes profit, but rather an entity that can shape public opinion. In that way it is extremely valuable. The fact that mods are clearly paid by someone yet not officially employed by Reddit is a huge red flag that money is flowing, just not in the traditional ways."}
{"text": " This is an all too common problem and is not easy to resolve. Divorce agreements do not alter prior mortgage contracts. Most importantly, the bank is not required, and will not normally, remove the girlfriend from the mortgage even if she quitclaimed it to her Ex. If he has abandoned the property there is a good chance he will not make any more future payments. She should be prepared to make the payments if he doesn't or expect her credit to continue to deteriorate rapidly. She needs to contact her divorce attorney to review their mutual obligations. A court can issue orders to try to force the Ex to fulfill the divorce agreement.  However, a court cannot impose a change to the mortgage obligations the borrowers made to the bank. Focus on this. It's far more important than adding her to a car loan or credit card. Sorry for the bad news. As for the car loan, it's best to leave her off the loan. You will get better terms without her as a joint owner. You can add her as an additional driver for insurance purposes. Adding her to your credit cards will help her credit but not a lot if the mortgage goes to default or foreclosure."}
{"text": " To be honest, all they do is reformat and rehost content from other sources.  While that's 80% (or more) of the internet, it isn't like they're providing unique content.  Add to that that they game the system to increase their page views and they're offering no benefits while still abusing the system."}
{"text": " &gt; cough cough blockbuster  Blockbuster was ten thousand little independent franchise companies that rented videos to individuals at the strip mall.  The franchises paid dues to Blockbuster Corporate for advertising and marketing.  Essentially, Corporate was the franchise Union.  If your Union/Corporate was going to cut all the employees/franchises out of all the revenue and business (streaming like Netflix) then there would be problems.  The only choice was for Blockbuster to go out business, otherwise, they would have had to buy back all the franchises at full retail value and pay future profits.  It was cheaper to close them down, have the execs take their bonuses and wave at Netflix."}
{"text": " For the same reason you wanted it when you bought it. No-one guarantees that you'll be able to sell the stock you hold, and in fact many people get stuck with stocks they'd like to sell, but no-one is buying. But if investors think there's a profit potential that is not exhausted yet - they'll want to buy the stock."}
{"text": " It appears so. I suppose you could try saying that you don't want to pay for it and won't have Internet installed, but that could be detrimental to your career. There is no law that says your company has to pay for your Internet unless you have some kind of contract with them that says you will. If anything, your best option might be to try to claim it is a business expense and deduct it on your taxes."}
{"text": " No, SPDR ETFs are not a good fit for a novice investor with a low level of financial literacy.  In fact, there is no investment that is safe for an absolute beginner, not even a savings account.  (An absolute beginner could easily overdraw his savings account, leading to fees and collections.) I would say that an investment becomes a good fit for an investor as soon as said investor understands how the investment works.  A savings account at a bank or credit union is fairly easy to understand and is therefore a suitable place to hold money after a few hours to a day of research.  (Even after 0 hours of research, however, a savings account is still better than a sock drawer.) Money market accounts (through a bank), certificates of deposit (through a bank), and money market mutual funds (through a mutual fund provider) are probably the next easiest thing to understand.  This could take a few hours to a few weeks of research depending on the learner. Equities, corporate bonds, and government bonds are another step up in complexity, and could take weeks or months of schooling to understand well enough to try.  Equity or bond mutual funds -- or the ETF versions of those, which is what you asked about -- are another level after that. Also important to understand along the way are the financial institutions and market infrastructure that exist to provide these products:  banks, credit unions, public corporations, brokerages, stock exchanges, bond exchanges, mutual fund providers, ETF providers, etc."}
{"text": " \"According to this link http://taxes.lovetoknow.com/federal-income-tax/w9-tax-form: The very last line on the personal information section refers to \"\"account numbers.\"\" Here, the taxpayer lists any accounts they have with the IRS to pay back taxes or pre-payments for anticipated tax liability obligations. This information is optional and is inapplicable in many situations.\""}
{"text": " Honestly I've found that when a restaurant messes up an order, it is almost always because the cashier messed up.  So if restaurants implement touch pad ordering, and then the food preparer reads directly what I ordered, it is almost always made correctly.    I love online ordering."}
{"text": " I cannot emphasize enough how important it is, when you buy a house with someone you are not married to, to make a legal agreement on how the money should be divided when you sell. I know it's too late for you, but I write this for anyone else reading this answer. From a legal point of view, if you made no agreement otherwise, you each own 50% of the house. If you want to divide it any other way, you will have to agree what an appropriate division is. Dividing according to the amount each of you paid towards it is a good way. Decide for yourselves if that means just mortgage payments, or also taxes, repairs, utilities etc. You should also be aware that if you have been living together a long time, like more than a year, some jurisdictions will allow one party to sue the other as if they were getting divorced. Then the courts would be involved in the division of property."}
{"text": " Register an account with multiple transfer services and see who will actually give you the best rate, including any fees charged by the service itself, at the time you want to make the transfer. Research the available methods to get the money into and out of the transfer service to five the lowest cost options, which would ideally be free on both ends. Be patient. It can take a week for money to arrive in your recipients account depending on the methods of getting the money into and out of the transfer service. You might also be called to verify the transaction before it goes through."}
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{"text": " Sagar Stationary pvt ltd is the Top Sheet Protector Manufacturers In Mumbai which is also the best school stationary suppliers in Mumbai. Sagar Stationary pvt ltd offers the best quality office, school stationary at very effective cost. For more information visit the website: http://www.svsmumbai.in/ or call us at: 9930963767"}
{"text": " In view of business, we have to book the entries. Business view, owner and business are different. When capital is invested in business by owner, in future business has to repay it.  That's why, capital always credit. When we come about  bank (business prospective) - cash, bank, fd are like assets which can help in the business. Bank is current asset (Real account) - Debit (what comes into the business)                                        Credit (what goes out of the business) Hence credit and debit differs from what type of account is it.... credit - when business liables debit - what business has and receivables"}
{"text": " \"Yeah, I mean it's natural economics that jobs go to low-wage countries, so I guess I can't be \"\"mad\"\" at that. But in addition, there's also a \"\"shift\"\" in debt from what was usually mortgages to student loan debt. It's not good because you're no longer \"\"paying yourself\"\" as you did with a mortgage, so money just gets burned...*and* you can't shed that debt...ever.   People frame it like a \"\"bubble\"\" but it's more like a long-term hamper on consumer spending. IMO, if the fed wants to help the economy, THIS would be the most effective bailout for lifting long-term growth. I don't have any student debt and I still think this is probably one of the better answers.\""}
{"text": " Companies are expected to make a profit, otherwise there is no point to their existence and no motivation for investment. That profit comes back to shareholders as growth and/or dividend. If a company is doing well and has a healthy profit to turn back into investment to facilitate increased future earnings, it increases shareholder equity and share price. If a company is doing well and has a healthy profit to pay out in dividend, it makes the shares more attractive to investors which pushes the price up. Either way, shares go up. Share prices drop when companies lose money, or there are market disturbances affecting all companies (recessions), or when individual companies fail. Averaged over all companies over the long term (decades), stocks can be reasonably expected to go up."}
{"text": " &gt; How has he made the business environment here attractive to Foxcon?   for one thing, Trump is PRO business, PRO jobs, PRO America  **the exact opposite of Obama** who spent all his time piling on taxes, [regulations and restrictions](http://www.washingtontimes.com/news/2017/may/31/obamas-regulations-in-2016-to-drain-economy-by-2-t/).  The world sees America is now re-opened for business"}
{"text": " \"&gt;would there be enough buyers to sell them?  yes, but you wouldnt sell them because (hopefully) you have studied what bitcoin is (a network for payments/value rather than a \"\"coin\"\").  learn today, and maybe profit in future and change the world :)  https://www.youtube.com/watch?v=qkxdys-Ek9U\""}
{"text": " First, to answer the question.  The benefit of a 401k is that you don't have to pay income tax on the money contributed nor do you pay capital gains tax on the money that accumulates.  You get that with the restriction that you can't willy nilly remove and contribute money to the account (and you are taxed on withdrawals, more severely if you do it before you are 65).  Similar sorts of restrictions apply to all retirement accounts which give tax benefits.  Now, for the 7000 not providing benefit.  Assuming a very modest 4% growth, over 40 years 7000 becomes 34,671. Not something to sneeze at (inflation, risk reward, blah, blah, blah, it is less than it looks, but 4% is really pretty low, the stock market averages anywhere from 7-&gt;10% and IIRC the bond market is somewhere around 5%).  Now, certainly, to avoid bankruptcy you should withdraw.  However, if it is possible, you will be best served by keeping the money in your 401k account.  The penalties and lost earning opportunities are pretty significant.  /u/BeatArmy99 [has the numbers](http://www.reddit.com/r/finance/comments/2ct0qy/why_cant_i_access_my_401k_if_its_my_money/cjiorl7) for how much you lose by doing an early withdraw.  Don't do this lightly and I would suggest avoiding cashing out the whole thing if you can."}
{"text": " \"Huh.  I don't like the idea of being \"\"starved\"\" into compliance either, but the fact is we're in a global economy.  Either this opinion will have to change, or we're \"\"going to get hurt real bad\"\".  I guess we can always switch back to extreme nationalism and xenophobia, and close off foreign trade.  Though I think that would technically work (by forcing the US to become independent of foreign manufactures) I don't think it will happen anytime soon.\""}
{"text": " &gt;Obligations issued by the US government are backed by the full faith and credit of the government, as is its physical currency.  &gt;This is not the same as every electronic dollar in every bank account comprising the money supply.  &gt;whatever white knighting you can lift off a Money 101 website coupled with a C-level community college education.  &gt;it is an exorbitant privilege which if thought about for more than two seconds, and without an authority-worshipping, boot licking attitude, is pretty fucked up  I'm not big on banking practices myself, but my god do you even know how you sound?  You come across as not only uninformed but incredibly smug about how uninformed you are.  *edited for formatting"}
{"text": " \"Is there anything I need to ask or consider during my negotiation   process based on the fact that they probably will soon be own by   another company? Very tricky situation. You are being hired by one company, and one hiring manager. But you already know that there are big changes ahead. What you don't know is how all those changes will actually play out. You will at least end up working for a different company.  I've worked for several companies in the past that were acquired, and some that acquired other companies. After each acquisition, the nature of the company changed significantly. Some teams were let go completely (often \"\"overhead\"\" departments like accounting, marketing, etc, that were handled at the corporate level), some teams were moved to a different location, others stayed the same. Sometimes management changed. In one case I was working for a new boss who worked out of the home office in another state. The time frame for these changes ranged from immediately, to several years after the acquisition. For me at least, some of the things that made the job appealing earlier typically were gone.  Try as best you can to ask questions about the acquisition, and about the nature of the acquiring company. If they are allowed to tell you the name of the company that is acquiring them, do some searching. See if you can find out how the company typically deals with acquisitions - do they immediately let almost everyone go (keeping only the \"\"essential\"\" few), or do they run new acquisitions as separate divisions and leave them alone for at least a while? Try to find out from your hiring manager what their expectations are for your specific team post-acquisition. Try to find out if anything within your offer is subject to change, post-acquisition. Are you being hired under the old, pre-acquisition rules? Or under the new, post-acquisition rules? The fact that you even know the company is being acquired is good. Often, companies cannot even divulge that fact until very near the end. On the other hand your use of the phrase \"\"probably will soon\"\", makes me wonder how much is definite here. Here's something you might wish to read: https://workplace.stackexchange.com/questions/20357/a-coworker-beat-me-to-resignation-how-can-i-resign-in-a-professional-manner\""}
{"text": " I believe your question is based on a false premise. First, no broker, that I know of, provides an RRSP account that is a margin account. RRSP accounts follow cash settlement rules.  If you don't have the cash available, you can't buy a stock.  You can't borrow money from your broker within your RRSP. If you want to borrow money to invest in your RRSP, you must borrow outside from another source, and make a contribution to your RRSP.  And, if you do this, the loan interest is not considered tax deductible. In order for investment loan interest to be tax deductible, you'd need to invest outside of a registered type of account, e.g. using a regular non-tax-sheltered account. Even then, what you can deduct may be limited. Refer to CRA - Line 221 - Carrying charges and interest expenses: You can claim the following carrying charges and interest [...] [...]   You cannot deduct on line 221 any of the following amounts:"}
{"text": " This fortune article is referenced in his either 2003 or 2004 annual report in which he does say that the market will not likely return much in the future and generally talks numbers. I am also a value investor, such that I can be in this environment and believe there is a bit of value in knowing where you think the market is headed but the real value is in underwriting each deal. In long, I agree with you"}
{"text": " \"Many of my friends said I should invest my money on stocks or something else, instead of put them in the bank forever. I do not know anything about finance, so my questions are: First let me say that your friends may have the best intentions, but don't trust them. It has been my experience that friends tell you what they would do if they had your money, and not what they would actually do with their money. Now, I don't mean that they would be malicious, or that they are out to get you.  What I do mean, is why would you take advise from someone about what they would do with 100k when they don't have 100k. I am in your financial situation (more or less), and I have friends that make more then I do, and have no savings. Or that will tell you to get an IRA -so-and-so but don't have the means (discipline) to do so. Do not listen to your friends on matters of money. That's just good all around advise. Is my financial status OK? If not, how can I improve it? Any financial situation with no or really low debt is OK. I would say 5% of annual income in unsecured debt, or 2-3 years in annual income in secured debt is a good place to be. That is a really hard mark to hit (it seems). You have hit it. So your good, right now. You may want to \"\"plan for the future\"\". Immediate goals that I always tell people, are 6 months of income stuck in a liquid savings account, then start building a solid investment situation, and a decent retirement plan. This protects you from short term situations like loss of job, while doing something for the future.   Is now a right time for me to see a financial advisor? Is it worthy? How would she/he help me? Rather it's worth it or not to use a financial adviser is going to be totally opinion based. Personally I think they are worth it. Others do not. I see it like this. Unless you want to spend all your time looking up money stuff, the adviser is going to have a better grasp of \"\"money stuff\"\" then you, because they do spend all their time doing it. That being said there is one really important thing to consider. That is going to be how you pay the adviser. The following are my observations. You will need to make up your own mind.  Free Avoid like the plague. These advisers are usually provided by the bank and make their money off commission or kickbacks. That means they will advise you of the product that makes them the most money. Not you.  Flat Rate These are not a bad option, but they don't have any real incentive to make you money. Usually, they do a decent job of making you money, but again, it's usually better for them to advise you on products that make them money. Per Hour These are my favorite. They charge per hour. Usually they are a small shop, and will walk you through all the advise. They advise what's best for you, because they have to sit there and explain their choices. They can be hard to find, but are generally the best option in my opinion.   % of Money These are like the flat rate advisers to me. They get a percentage of the money you give them to \"\"manage\"\". Because they already have your money they are more likely to recommend products that are in their interest. That said, there not all bad. % or Profit These are the best (see notes later). They get a percentage of the money they make for you. They have the most interest in making you money. They only get part of what you get, so there going to make sure you get the biggest pie, so they can get a bigger slice. Notes In the real world, all advisers are likely to get kickbacks on products they recommend. Make sure to keep an eye for that. Also most advisers will use 2-3 of the methods listed above for billing. Something like z% of profit +$x per hour is what I like to see. You will have to look around and see what is available.  Just remember that you are paying someone to make you money (or to advise you on how to make money) so long as what they take leaves you with some profit your in a better situation then your are now. And that's the real goal.\""}
{"text": " I recall similar strategies when (in the US) interest rates were quite a bit higher than now. The investment company put 75% or so into into a 5 year guaranteed bond, the rest was placed in stock index options. In effect, one had a guaranteed return (less inflation, of course) of principal, and a chance for some market gains especially if it went a lot higher over the next 5 years.  The concept is sound if executed correctly."}
{"text": " I suggest you to test AlauxSoft Accounts and Budget. This software is a money-like. There is a freeware and a shareware (24 EUR). You will find its at http://www.alauxsoft.com Best regards, Michel ALAUX."}
{"text": " Het beste kunt u oven gedroogd haardhout gebruiken voor uw kachel. Ovengedroogd brandhout heeft namelijk standaard een erg laag vochtigheidspercentage, waardoor het gegarandeerd goed en lang brand. Daarnaast geeft het dus minder vuil en rook af,waardoor uw schoorsteen langer mee gaat. Wat verder ook wel zo fijn is, is dat eventueel ongedierte en schimmels in het hout het drogen in de oven uiteraard niet overleefd. Dit is natuurlijk vooral van belang bij houtetende insecten."}
{"text": " \"Greatowl's response is pretty cynical. I'm not a wall street analyst but I do read some of the research and there is a lot of respectable analysis out there. There are many smart analysts who consistently get poached from the equity research departments to join the buy side. I'd also contend that level of accuracy is an incomplete measure of performance. It doesnt matter if you're right or wrong, what matters is how much you make when you are right and how much you lose when you are wrong. Soros is purported to have a 30% \"\"batting average\"\" but the guy makes a killing when he's right (source: Inside the House of Money).\""}
{"text": " One big difference:  Interest is contracted.  They can change the rate in the future but for any given time period you know what you're going to get. Dividends are based on how the company did, there is no agreed-upon amount."}
{"text": " \"First to clear a few things up.   It is definitely not a gift. The people are sending you money only because you are providing them with a service.   And for tax purposes, it is not a \"\"Donation\"\". It has nothing to do with the fact that you are soliciting the donation, as charitable organizations solicit donations all the time. For tax purposes, it is not a \"\"Donation\"\" because you do not have 501(c)(3) non profit status.   It is income. The question is then, is it \"\"Business\"\" income, or \"\"Hobby\"\" related income?   Firstly, you haven't mentioned, but it's important to consider, how much money are you receiving from this monthly, or how much money do you expect to receive from this annually?   If it's a minimal amount, say $50 a month or less, then you probably just want to treat it as a hobby. Mostly because with this level of income, it's not likely to be profitable. In that case, report the income and pay the tax. The tax you will owe will be minimal and will probably be less than the costs involved with setting up and running it as a business anyway. As a Hobby, you won't be able to deduct your expenses (server costs, etc...) unless you itemize your taxes on Schedule A.   On the other hand if your income from this will be significantly more than $600/yr, now or in the near future, then you should consider running it as a business.   Get it clear in your mind that it's a business, and that you intend it to be profitable. Perhaps it won't be profitable now, or even for a while. What's important at this point is that you intend it to be profitable.   The IRS will consider, if it looks like a business, and it acts like a business, then it's probably a business... so make it so.   Come up with a name for your business. Register the business with your state and/or county as necessary in your location. Get a bank account for your business. Get a separate Business PayPal account. Keep personal and business expenses (and income) separate.   As a business, when you file your taxes, you will be able to file a Schedule C form even if you do not itemize your taxes on Schedule A. On Schedule C, you list and total your (business) income, and your (business) expenses, then you subtract the expenses from the income to calculate your profit (or loss).   If your business income is more than your business expenses, you pay tax on the difference (the profit).  If your business expenses are more than your business income, then you have a business loss. You would not have to pay any income tax on the business income, and you may be able to be carry the loss over to the next and following years. You may want to have a service do your taxes for you, but at this level, it is certainly something you could do yourself with some minimal consultations with an accountant.\""}
{"text": " Since this is the reasoning: I don't want to bother with micropayments, and harassing her for   monthly payments. You must do one the following: Provide the money to your mom as a loan (i.e.: with a note and interest) payable when the full repayment of the loan to the bank is done (i.e.: balloon note). The terms of the note should be that the money to be used as collateral for the secured loan from the bank. Provide the money to your mom directly. In this case you have to pay gift tax on $7K (above the 13K exemption limit). Since you want the money back - you'll probably want the option #1. Your interest rate should be above a certain level to avoid reclassifying it as a gift by the IRS (your tax adviser can help you with that). Your mom will pay interest to the bank on the secured loan, and to you on the collateral (unless you wave it, subject to gift tax, again - talk to the tax adviser). You will only need to harass your mom about the balloon payment in the end. This is not a tax or legal advice. Talk to your tax adviser and a legal counsel about the details and additional options."}
{"text": " \"When heavy trucks are charged more to use the national highway system, does it strike you as an incorrect application of pricing power?  When an industrial company consumes large amounts of electricity and demands consistent power delivery and is charged more, do you see utility providers taking any advantage?  This is far more of an economics question than a political one.  You have supply (bandwidth), and demand for that bandwidth.  In traditional economics, the intersection of supply and demand curves generates \"\"price.\"\"  Here, we have limited supply of bandwidth, and given the free to deliver business models of many pro-net neutrality supporters, essentially \"\"unlimited\"\" demand.  Yet we are saying that we cannot use price to regulate any of this.  We know what happens when you do not use price to regulate supply or demand.  Either too little supply is provided, or too much demand is generated.    You see this in single payer systems healthcare.  There is no price, but supply of healthcare is limited (some call it \"\"rationing\"\").   You see it in private insurance, even when there is price:  You get limited supply at a given price.  Pay more, and you get more supply.  In tech, when you cannot change price, you again limit supply (\"\"throttling\"\").    If you do not allow the price mechanism, then you have to be prepared to accept supply limitations (throttling).  It simply cannot work any other way, unless we have some alternative theory of economics that we can apply.\""}
{"text": " Mining/discovery of gold can be inflationary -- the Spanish looting of Central America for a few hundred years or the gold rush in the 19th century US are examples of that phenomenon. The difference between printing currency and mining is that you have to ability to print money on demand, while mining is limited to whatever is available to extract at a given time. The rising price of gold may be contributing to increased production, as low-grade ore that wasn't economically viable to work with in the 1980's are now affordable."}
{"text": " On the surface this sounds ridiculous, which makes me suspect that there might be something that the dealer intends to cling on to; otherwise it sounds like the dealer should be ashamed to even call your son about its own incompetence. I'd recommend politely refusing the request since said mistake didn't happen on your end, and wait to see if the dealer comes back with some sort of argument."}
{"text": " \"The author introduced himself as not being a financial analyst so that, apparently, absolved him of even considering the numbers.  The HP presenters struck him as \"\"straight shooters\"\".  I think he should have just wrote those two sentences and moved on to his next assignment.\""}
{"text": " The issue of unclaimed life insurance policies is a hot topic right now. Your questions are exactly the reason why. For a long time unclaimed life insurance policies have been a boon to life insurance companies but the states are cracking down. There is a lot of new legislation that requires the companies to make a diligent effort to find the rightful beneficiary. In some states if the beneficiary can't be found the proceeds wind up in the states abandoned assets fund. The death benefit is payable if the policy was in force on the date of death. Since no premium is actually due after the insured dies it doesn't matter if the policy lapses after the insured dies. You're correct that there is no one place to go to find out if you are the beneficiary of an unclaimed life insurance policy. Our agency has a resource page which gives you tactics to follow in order to do a search. See How To Find Lost Or Unclaimed Life Insurance Policies."}
{"text": " \"The biggest risk you have when a country defaults on its currency is a major devaluation of the currency. Since the EURO is a fiat currency, like almost all developed nations, its \"\"promise\"\" comes from the expectation that its union and system will endure. The EURO is a basket of countries and as such could probably handle bailing out countries or possibly letting some default on their sovereign debt without killing the EURO itself. A similar reality happens in the United States with some level of regularity with state and municipal debt being considered riskier than Federal debt (it isn't uncommon for cities to default). The biggest reason the EURO will probably lose a LOT of value initially is if any nation defaults there isn't a track record as to how the EU member body will respond. Will some countries attempt to break out of the EU? If the member countries fracture then the EURO collapses rendering any and all EURO notes useless. It is that political stability that underlies the value of the EURO. If you are seriously concerned about the risk of a falling EURO and its long term stability then you'd do best buying a hedge currency or devising a basket of hedge currencies to diversify risk. Many will recommend you buy Gold or other precious metals, but I think the idea is silly at best. It is not only hard to buy precious metals at a \"\"fair\"\" value it is even harder to sell them at a fair value. Whatever currency you hold needs to be able to be used in transactions with ease. Doesn't do you any good having $20K in gold coins and no one willing to buy them (as the seller at the store will usually want currency and not gold coins). If you want to go the easy route you can follow the same line of reasoning Central Banks do. Buy USD and hold it. It is probably the world's safest currency to hold over a long period of time. Current US policy is inflationary so that won't help you gain value, but that depends on how the EU responds to a sovereign debt crisis; if one matures.\""}
{"text": " Your comparing apples to oranges. Your trying to equate killing your FOOD to killing a random animal crossing your path. The point is killing the turkey nicely or very violently doesn't really matter. It is your FOOD. Killing a random mouse on the golf course isn't even remotely the same. Try again."}
{"text": " Shop for the quality always! Choose your favorite one football here and get it at your doorstep. No need to go market or any store, no need to be worry to find the unique and Best cheap soccer balls. All famous brands are available here at discounted price. Just choose and order your favorite brand with color option."}
{"text": " They likely have an intern (job title) pay-scale that maxes out somewhere below $30/hr in order to meet the FLSA (that exempt vs non-exempt stuff you were seeing). As a PhD student, you could probably negotiate up into the ~$25/hr range, but from a benefits standpoint, they might not be able to pay you $35/hr without making you an exempt, full-time employee."}
{"text": " Very difficult to pay a credit card bill on a one off payment. Once you have selected HSBC card and used the secure key to confirm bill payment, in my experience it comes up error.mafter 3 attempts i was locked out of the account. Mush easier to use an account from another bank to pay the bill."}
{"text": " There are many considerations before deciding on the best place for your funds: How liquid do you need the funds to be?   If this is for an emergency fund I would keep at least some in an account that you have instant access to,  What is your risk (volatility) tolerance? Would you be OK with the value dropping by as much as 30% in a year knowing that over time you'll probably earn 8-12% on it?  If not, then equity funds or other stock investments are probably not the best move for you. Do you need the funds now or are they for long-term (retirement) savings? Are you eligible to fund an IRA? That would defer your taxes until you withdraw the funds from the account, but there are age restrictions that you must heed to avoid penalties. Are CDs a good idea? They do pay decent interest, but in return for that you lock up your funds for a set period of time.  All that to say that there are many facets to determining the best place for your funds.  If you provide more specifics you can get a more specific answer."}
{"text": " \"Bankruptcy is a way to the fiat currency system to regulate itself.  The current system assume that there will always be more debts than money available.  Since money is created with debt already attached to it, the difference between \"\"real\"\" money, and \"\"on paper\"\" money build up over time.  When this disparity become to big, bankruptcies need to occur to bring those two number closer to each other.    It's like earthquakes if you like, the tectonic plates build up tension that need to be released in many small shocks, or a few big shocks.  The everyday bankruptcies represent the small quakes, and big recession represent too much build up that need to be released in one big shocks.    It's a very high level explanation and it doesn't go into details, but it's roughly why it happens.    EDIT: I wasn't saying that it was bad or not, I was simply explaining bankruptcy and why it's bound to happen.  If you don't like the analogy, it's no reason for downvote.  I know it may not be clear for everyone, but if you do not agree, please explain yourself.\""}
{"text": " The need for innovative Science, Technology, Engineering and Mathematics is paramount. Our youth needs to develop a mastery of these technologies beyond the classroom and fluency in skills to go from college to career. STEM and education collectively imparts skills and design based learning to urge children towards curiosity, innovation, and thirst for knowledge for these subjects. By exposing students to these STEM-related concepts and giving them opportunities to explore, they will develop a passion and hopefully pursue a job in a STEM field. Checkout us online: http://www.techjoyntfranchise.com/"}
{"text": " From HSA Resources -  I understand that I can reimburse myself from my HSA for qualified medical expenses that I pay out-of-pocket but is there a time limit? Do I need to reimburse myself in the same year? You have your entire lifetime to reimburse yourself. As long as you had your HSA established at the time the expense was incurred, you save the receipt and it was not otherwise reimbursed, you can reimburse yourself for the expense from your HSA even years later. The important thing not asked or mentioned above is that the HSA must be in place before the expense occurred. In your case, should the LASIK procedure be before the HSA is established, it's not an eligible expense."}
{"text": " CDR Group uses a Career Analysis Profile Questionnaire in order to determine the strengths of the job seeker and figure out how best to market those positive attributes. The questionnaire can be completed manually and mailed in, or electronically over the Internet."}
{"text": " Not exactly. From OP's X-post, this appears like textbook tortious interference.  If it were me, I'd demonstrate to the customer why they are getting a better deal and at the same time, I'd have my attorney send a C&amp;D to the offending competitor."}
{"text": " \"It makes no sense to spend money unnecessarily, just for the purpose of improving your credit score.  You have to stop and ask yourself the question \"\"Why do I need a good credit score?\"\"  Most of the time, the answer will be \"\"so I can get a lower interest rate on (ABC loan) in the future.\"\"  However, if you spend hundreds or even thousands of dollars in the present, just so that you can save a few points on a loan, you're not going to come out ahead. The car question should be considered strictly in the context of transportation expenses:  \"\"It cost me $X to get around last year using Lyft. If instead I owned a car, it would have cost me $Y for gas, insurance, depreciation, parking, etc.\"\"  If you come out ahead and Y < X, then buy the car.  Don't jump into an expensive vehicle (which is never a good investment) or get trapped into an expensive lease which will costs you many times more than the depreciation value of a decent used car, just so that you can save a few points on a mortgage. Your best option moving forward would be to pay off your student loans first, getting rid of that interest expense.  Place the remainder in savings, then start to look at a budget.  Setting aside a 20% down payment on a home is considered the minimum to many people, and if that is out of reach you might need to consider other neighborhoods (less than 400K!).  If you're still concerned about your credit score, a good way to build that up (once you have a budget and spending under control) is to get a credit card with no annual fees.  Start putting all of your expenses on the credit card (groceries, etc), and paying off the balance IN FULL every month.  By spending only what you need to within a reasonable budget, and making payments on time and in full, your credit rating will begin to gradually improve.  If you have a difficult time tracking your expenses or sticking to a budget, then there is potential for danger here, as credit cards are notorious for high interest and penalties.  But by keeping it under control and putting the rest toward savings, you can begin to build wealth and put yourself in a much better financial position moving into the future.\""}
{"text": " \"You mention \"\"early exercise\"\" in your title, but you seem to misunderstand what early exercise really means. Some companies offer stock options that vest over a number of years, but which can be exercised before they are vested. That is early exercise. You have vested stock options, so early exercise is not relevant. (It may or may not be the case that your stock options could have been early exercised before they vested, but regardless, you didn't exercise them, so the point is moot.) As littleadv said, 83(b) election is for restricted stocks, often from exercising unvested stock options. Your options are already vested, so they won't be restricted stock. So 83(b) election is not relevant for you. A taxable event happen when you exercise. The point of the 83(b) election is that exercising unvested stock options is not a taxable event, so 83(b) election allows you to force it to be a taxable event. But for you, with vested stock options, there is no need to do this. You mention that you want it not to be taxable upon exercise. But that's what Incentive Stock Options (ISOs) are for. ISOs were designed for the purpose of not being taxable for regular income tax purposes when you exercise (although it is still taxable upon exercise for AMT purposes), and it is only taxed when you sell. However, you have Non-qualified Stock Options. Were you given the option to get ISOs at the beginning? Why did your company give you NQSOs? I don't know the specifics of your situation, but since you mentioned \"\"early exercise\"\" and 83(b) elections, I have a hypothesis as to what might have happened. For people who early-exercise (for plans that allow early-exercise), there is a slight advantage to having NQSOs compared to ISOs. This is because if you early exercise immediately upon grant and do 83(b) election, you pay no taxes upon exercise (because the difference between strike price and FMV is 0), and there are no taxes upon vesting (for regular or AMT), and if you hold it for at least 1 year, upon sale it will be long-term capital gains. On the other hand, for ISOs, it's the same except that for long-term capital gains, you have to hold it 2 years after grant and 1 year after exercise, so the period for long-term capital gains is longer. So companies that allow early exercise will often offer employees either NQSOs or ISOs, where you would choose NQSO if you intend to early-exercise, or ISO otherwise. If (hypothetically) that's what happened, then you chose wrong because you got NQSOs and didn't early exercise.\""}
{"text": " Yes, there are plenty of sites that will do this for you. Yahoo, and MarketWatch are a few that come to mind first. I'm sure you could find plenty of others."}
{"text": " Regular wire transfer from bank to bank would be the easiest, safest, and likely the cheapest (next to carrying cash over the border) method. Get the SWIFT info from the US bank you want the many land in (I believe all of the ones you mentioned support SWIFT wire transfers), and give it to your family in China. They'll have to find a local bank that supports SWIFT out-going transfers (might not be as easy as in the US) and send it out from there. Other, more expensive, options would be Western Union/MoneyGram. Or carrying cash over the border, which in these amounts can trigger some questioning from the authorities."}
{"text": " The manual setup of the Netgear extender is bit confusing but if you do not have WPS button then this is the only method left by which you can set up your extender. For the issues related to domain name mywifiext.net, feel free to get in touch with us."}
{"text": " \"Strategy would be my top factor.  While this may be implied, I do think it helps to have an idea of what is causing the buy and sell signals in speculating as I'd rather follow a strategy than try to figure things out completely from scratch that doesn't quite make sense to me. There are generally a couple of different schools of analysis that may be worth passing along: Fundamental Analysis:Fundamental analysis of a business involves analyzing its financial statements and health, its management and competitive advantages, and its competitors and markets. When applied to futures and forex, it focuses on the overall state of the economy, interest rates, production, earnings, and management. When analyzing a stock, futures contract, or currency using fundamental analysis there are two basic approaches one can use; bottom up analysis and top down analysis. The term is used to distinguish such analysis from other types of investment analysis, such as quantitative analysis and technical analysis. Technical Analysis:In finance, technical analysis is a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which, being an aspect of active management, stands in contradiction to much of modern portfolio theory. The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis which states that stock market prices are essentially unpredictable. There are tools like \"\"Stock Screeners\"\" that will let you filter based on various criteria to use each analysis in a mix.  There are various strategies one could use.  Wikipedia under Stock Speculator lists: \"\"Several different types of stock trading strategies or approaches exist including day trading, trend following, market making, scalping (trading), momentum trading, trading the news, and arbitrage.\"\"  Thus, I'd advise research what approach are you wanting to use as the \"\"Make it up as we go along losing real money all the way\"\" wouldn't be my suggested approach. There is something to be said for there being numerous columnists and newsletter peddlers if you want other ideas but I would suggest having a strategy before putting one's toe in the water.\""}
{"text": " Plenty of people were upset when cars replaced horses, electrical trams and trains as the primary source of transportation.  We are still trying to constrain urban planning sprawl from the advent of car culture which currently is unsustainable.  Asphalt prices will be 3-4x higher in 20 years, million of miles of road are vulnerable.    If we had listened to many of the naysayers back then we would have foresaw some of future costs in makng a suburban culture for 100's of millions of people is impossible long term without severe economic and environmental repercussions.  Even electric cars require power to be generated somewhere and the length of a commute is only increasing in most metro areas.  Installing light rail as a band aid solution is going to run into imminent domain issues, costs and unknown amount of construction time."}
{"text": " Great news.  Lack of collateral options for the poor is a huge problem in developing countries that leads to lack of development and a poor entrepreneur environment.  If a farmer is now allowed to use livestock to secure a loan, it means more  economic growth from the poorest individuals."}
{"text": " It's too bad the mods at /r/aviation have such thin skins.   One comment one of them doesn't like and you are toast.  Same thing with /r/cars.  *Reddit* sucks in just a few ways.  Mods are my beef.   Too powerful.  No appeals or challenges mechanism or user representation advocates. You are forced to be your own lawyer which Abe Lincoln said was a fool's game.  Censorship will prevail over free speech.  If you ran a business this way, customers would go to the competition."}
{"text": " I am using the same logic as the two answers above. I got almost the same result ($46.60 instead of $46.59 per share) using the sold fractional share basis. However, the JCI Qualified Dividend (on the 1099-DIV, not the 1099-B) divided by the number of shares spun off yields a basis per share of only $40.97 That compares to $45.349 in answer two above. It seems that we should get the approximately same basis per share using the same arithmetic, and I do not know why we don't. For my tax files, I plan to use the Adient basis equal to the dividend from the 2016 1099-DIV of JCI (the PLC after the merger). My reasoning is that I cannot use an amount for the Adient basis that is greater than the dividend I paid taxes on. [In case this part of the question comes up again, you can get historical quotes at various websites such as https://finance.yahoo.com/quote, which does show $45.51 as the Adient closing price on 10/31/16.]"}
{"text": " \"In India the Short is what is called in other markets call as \"\"Naked Short\"\" [I think I got the right term]. It means that you can only short sell intra day and by the end of the day you have to buy back the shares [at whatever price, if you don't; the exchange will do it by force the next day]. In other markets the Intra day shorts are not allowed and one can short for several days by borrowing shares from someone else [arranged by broker] India has a futures market, so you can sell/buy something today with the execution date of one month. This is typically a fixed day of the month [I think last Thursday]\""}
{"text": " Your credit score can be part of the algorithm for setting your rates for auto insurance. It is one of many factors including sex, age, zip code, driving record, type of car... There are some states that are concerned about using credit scores, some sates have passed legislation regarding this issue"}
{"text": " If you have the skills and the desire, you can start small as a side business while working a regular job. Get client referrals from friends and friends of friends that utilize your services. I know a few small business owners who started companies exactly that way. Eventually their side gig, became their main gig. Some sold out for millions and others are enjoying what they do, and now employ other people to assist them."}
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{"text": " There's two types of categories at play that define currency types - but I think the first is more like what you are after.  The first is there are essentially three currency types now recognised - see them described here: http://finance.mapsofworld.com/money/types/ The second is currencies can be categorised by the type of economy from which they are generated (reserve/commodity/etc) - see them described here: http://www.forextraders.com/learn-forex-trading-course/major-currency-pairs.html"}
{"text": " \"The Business Dictionary has three definitions of \"\"turnover\"\".  When it comes to share dealing, the most likely one is the total value of shares traded on the stock exchange in a given period.\""}
{"text": " In addition to other answers consider the following idea. That guy could have invented say one thousand formulas many years ago and been watching how they all perform then select the one that happened to be beat the market."}
{"text": " I have won a large amount of money on an online casino. How reputed is the company? Have you done any research around it? It has taken 2 months for me to see any payouts. Last week I received $2300 check from them.  Did you win everything in the same period? If so there is no reason why they sent you a smaller check of $2300 instead of the full amount. This should raise a red flag. Why would someone write multiple checks. The only valid reason is you won in different months. The payout for first month was $2300 and they sent a check. The payout for next month is large amount ... the request for Bank Details. that they would rather wire me the money and they are asking for my banking account number and routing number. Although giving bank account number and routing has some risks. This is the fundamental information that is need to make a credit to your account directly. You would be giving this to quite a few entities / people. In most countries, this information is printed on every check that you write from your account. Is this safe? Or am I stupid for even considering this? Online world is full of traps and this could be a scam. So proceed with extreme caution. Insist of check. In worst case open a different savings account, that does not allow direct debits, does not have over draft, etc. Use this to receive money and move it into your regular account."}
{"text": " I'm all for Tesla succeeding but wtf is wrong with our country that it sponsors specific companies that are geared towards luxury automobile market?  If its demographic is luxury owners, it shouldn't be govt sponsored nor subsidized.  I realize this company has theoretically great potential for making breakthrough technology that *might* be then trickled down to lower consumption, however a prerequisite of receiving govt money of any form (loan or subsidization) should be specifically spelled out as geared for the greater good in mass.  Not for their crony capitalism."}
{"text": " \"A friend of mine is a Prepaid Legal lawyer. It's not an exclusive  relationship: he does other things too.  Most lawyers regard Prepaid Legal as a way of getting more  customers. They lose money on the Prepaid Legal stuff, but then  \"\"upsell\"\" their paid services.  My friend tells me that he'd answer most of the Prepaid Legal  questions for free, in hopes of building a customer base. He didn't  signup for the trivial amount of money Prepaid Legal gives him.\""}
{"text": " &gt;[**\u0422\u043e\u043f \u043b\u0443\u0447\u0448\u0438\u0445 \u0438 \u043f\u0440\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u044b\u0445 \u0441\u0430\u0439\u0442\u043e\u0432 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u044b! \u0421\u0430\u043c\u044b\u0435 \u0436\u0438\u0440\u043d\u044b\u0435 \u043a\u0440\u0430\u043d\u044b \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u043e\u0432, \u0434\u043e\u0433\u043e\u0432, \u043b\u0430\u0439\u0442\u043a\u043e\u0438\u043d\u043e\u0432 2017 [2:52]**](http://youtu.be/S1V292qDMQ8)  &gt;&gt;\u0412\u0441\u0435\u043c \u041f\u0440\u0438\u0432\u0435\u0442!!! \u0412 \u044d\u0442\u043e\u043c \u0432\u0438\u0434\u0435\u043e,\u0432\u044b \u0443\u0437\u043d\u0430\u0435\u0442\u0435,\u043e \u043f\u043e\u043b\u043d\u043e\u043c \u0441\u043f\u0438\u0441\u043a\u0435 \u043f\u0440\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u044b\u0445 \u043a\u0440\u0430\u043d\u043e\u0432 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430, \u0434\u043e\u0433\u043e\u0438\u043a\u043e\u0438\u043d\u043e\u0432 \u0438 \u043b\u0430\u0439\u0442\u043a\u043e\u0438\u043d\u043e\u0432, \u0430 \u0442\u0430\u043a \u0436\u0435 \u043c\u043d\u043e\u0433\u043e \u043e \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u0435 \u0438 \u043d\u0435 \u0442\u043e\u043b\u044c\u043a\u043e! \u0415\u0441\u043b\u0438 \u041e\u0441\u0442\u0430\u043b\u0438\u0441\u044c \u0432\u043e\u043f\u0440\u043e\u0441\u044b, \u043f\u0438\u0448\u0438\u0442\u0435 \u0432 \u0433\u0440\u0443\u043f\u043f\u0443,\u0441\u0441\u044b\u043b\u043a\u0430 \u043d\u0438\u0436\u0435!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^3 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"text": " The EU's situation is nothing like the United States.  The core problem there is a monetary union without a fiscal union.  All the member countries were bound to a currency they had no control over, despite the health and resources of their economies."}
{"text": " \"Not necessarily. Especially if your business model is founded on a free internet.   Take Netflix. In the short term they might make enough in tax breaks to pay for the \"\"fast lanes\"\" that ISPs want to charge. But what happens when the ISP decides to just bar Netflix entirely, because they are a competitor?  They don't even have to block them, they could just intentionally throttle Netflix to a degree where the service is unusable.   So consumers are sitting there with crappy quality coming from Netflix, but that Spectrum app is expanding and streams just swell.   That's where it is headed if net neutrality is killed. If Netflix doesn't see this then they are blind. And it isn't just Netflix either, it's any service that competes with an ISP's other companies.   In order for these tech companies to continue to enjoy success, they need net neutrality. Or failing that, a legal requirement that all ISPs cannot have other businesses besides being an ISP. Or true competition in all marketplaces for high speed internet.\""}
{"text": " \"Completely linear?  We don't do that. Our daughter has a fixed allowance, and we expect a certain amount of help around the house as being part of the family.  We don't make any explicit ties between the two, and we don't seem to have any problems. We bought an eBay lot of Polly Pockets and divided them up into $5 bags.  (This is a better deal that what we could get in the store new.)  Her allowance isn't enough that she can \"\"buy\"\" one every week. After sensing her frustration we gave her the opportunity to earn some more money by doing extra work.  It happened to be cleaning up after our dogs in the back yard, a chore we had neglected for quite a while.  She stuck with the job, and truly earned that money.  (She'll be six in January.)  What's more, it was a good deal for me.  It needed to be done, and I didn't really want to do it. :) So, for now this seems like a fair balance.  It prevents her from getting the idea that she won't work unless she gets paid, but she also knows that working harder does have its rewards. We still have time to teach her the idea of working smarter. (This isn't a formal study.  It's just my experience.)\""}
{"text": " Timeshare and resort packages are a popular option for people who take frequent vacations. But are they a good deal? Many people sign up due to attractive sales pitches but are then disappointed by the actual package. It's a good idea to read reviews from experienced travelers."}
{"text": " I do, however, there was consternation in this thread of overblown criticisms of the TSA. One of them that is not overblown is that many people have been told they cannot opt-out of the screening, even though they can. That's one of the least problems that has arisen from people having to go through TSA security checkpoints.   The counter-argument in this thread seems to be that, well other countries are even worse so it's not really that bad. I see no reason why the US airport transit should suck, when there are lots of countries that get it right."}
{"text": " If I were a fan of Tim Hortons, I'd be concerned that BK's ownership (namely the private equity firm 3G which has a 51 per cent stake) runs Timmy's like it ran BK. A succession of private equity firms have sucked every penny of capital they could out of BK, enriching themselves and gutting BK in the process.  [Fortune Magazine](http://www.google.ca/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=1&amp;cad=rja&amp;uact=8&amp;ved=0CB8QFjAA&amp;url=http%3A%2F%2Ffortune.com%2F2012%2F04%2F13%2Fburger-king-is-too-big-to-fix%2F&amp;ei=hsj6U8D9MI7noATZkYLYBA&amp;usg=AFQjCNG1accTGUmKkrd2puXwOwh2wC742w&amp;sig2=z7oJ7iLyTacDwO7wjMlN0g&amp;bvm=bv.73612305,d.cGU) describes what they did:  &gt;Our view is that the overriding motivation of several owners throughout the years, and now 3G Capital, has been to starve the brand of capital in order to pay parent shareholders nice and quickly... By our reckoning, the last two private equity firms that have taken ownership of the company have deprived it of $1 billion or more in capital that could have been used to improve the company\u2019s relative standing versus its competitors, many of whom Burger King now struggles to keep up with.  [Bloomberg Businessweek](http://www.businessweek.com/stories/2006-04-09/burger-king-wheres-the-beef) describes how they did it:  &gt;... this past February [2006], Burger King borrowed an additional $350 million so its owners could pay themselves and its two partners a special $367 million dividend.  The private equity owners weren't content to raid BK's bank account for everything in it. They borrowed hundreds of millions of additional dollars, piling debt onto a struggling burger chain just to give that money to themselves.  Burger King is a shitty, uncompetitive burger chain with an outdated menu, dilapidated stores, and invisible marketing.  Tim Hortons may be just the next victim for these private equity vampires to suck dry after wringing out all the capital and debt they could out of BK."}
{"text": " Everything before long term plans seems fine. Vanguard and index funds is absolutely the smart, safe option. What most people should do. Not sure about the specific allocations or funds he chose (too lazy to look) but at worst this would be a 'solid' plan.  The long term plan looks more iffy but he seems to have a good head on his shoulders and I'm sure he'll figure that stuff out better with time.  &gt;Is this a safe plan?  Yes.  &gt;Is there anyway this could backfire and he loses all his money?  No way he loses it all. He could lose up to 30% or something in a bad year, but over the long term, if he follows this, it's highly unlikely he'll lose anything at all."}
{"text": " \"Yellow taxis and Ubers in NYC are TWO TOTALLY different tiers of cabs. I think you're confused with Uber vs Local Car Service companies: which BOTH are FHV vehicles (TLC).   Yellow taxis are the only cabs that can pick up street hails (which what the medallion is for.) Uber and all FHV vehicles (including local car service/limo companies) are strictly on a pre-arraigned booking contingent through the base. An Uber can never pick up a street hail. And, contrast, yellow cabs will never be \"\"phoned\"\" to pick up.   I think you need to research the amount of FHV vehicles there have been since the 60's. That number has always been higher than yellow taxis.   Get yer facts straight!!\""}
{"text": " \"Suddenly its not just comparing the current price to the price of the contract, or is it? Sure it is.  Suppose you bought 100 option contracts (each for 100 shares) and paid a $1 per share premium ($10,000 total).  Now those options are trading for $1.50 per share.  You have an unrealized $0.50 gain per share, or $5,000. The $10,000 in options you bought are now worth $15,000.  It holds whether they were bought to open or close a position, or whether they are puts or calls.  The only difference is whether you bought or sold the options (the arithmetic is just reversed for selling an option). But lets say we have an Option, where the payoff is max(St-K, c0) where ct is the market price. What do you do then? Your current, unrealized P&L is different than the payoff.  The payoff only happens at maturity.  The current P&L is based on current market prices, just like stock.  Option prices all have a \"\"time premium\"\" making them worth more than their payoff (intrinsic) value prior to maturity.\""}
{"text": " Second time this has come up this week, but I'd recommend spending a bit of time test-driving [FreshBooks](http://www.freshbooks.com). It might take a bit of time to set up the way you want to use it, but you should be able to figure out whether it'll meet your needs with about 3 or 4 hours of focused testing. Their support people are awesome, too: they can help you figure out which way's up, and I can tell you from experience: they like having happy customers, so they won't try to sell you something that's not really a good fit for your business."}
{"text": " I bet you also believe that the financial crisis is the fault of people who borrowed more than they could afford.  The mortgage brokers and banks are not at fault and its the dumb consumers who should have hired an attorney and an financial planner before singing any paperwork that got us into this mess."}
{"text": " He's comfortably middle class, but not wealthy. The Tesla was purchased in a multi-owner shared arrangement, and the solar panels were installed by a company that supplies the capital for the panels with a long-term agreement to supply power to the homeowner and takes care of the more complex business agreements to feed back power to the grid. The situation on paper looks like  a long term break even - but we'll have to see.  Overall, even if he's paying a bit more in electric cost, the arrangement gives a lot of stability in exchange.  To me it's clear that going electric car + renewable electric is a long-term good on the principle of becoming nationally independent from geopolitical enganglements, but also more towards becoming individually independent in terms of being isolated from instability in gas prices, utility prices, and even in times of natural disaster."}
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{"text": " Another way to look at it is that deductibles are intended as incentives or subsidies to particular industries (in this case the healthcare industry). Guaranteeing a decent standard of living and making sure everybody can meet the costs of \u201cnecessities\u201d can be achieved much more easily by a low tax rate on the first XXX$ of income and/or generic welfare benefits rather than any measure focused on making healthcare, food or whatnot cheaper or free under certain conditions. Incidentally, many countries do have different forms of benefits or tax breaks for accommodation-related expenses."}
{"text": " Well, if you were a business, and your food and rent and travel expenses were business expenses, and you paid out less money than you earned, you *would* get a refund.  If you can prove that an expense is tax deductible, then that's just what it is.  For businesses, a net operating loss is tax deductible."}
{"text": " \"&gt;And, a broadcast company with several channels, don't forget that part that makes you totally wrong.  I am not forgetting anything. You don't seem to get a broadcasting is media and part of media. Like I said they are a media company.  No different from saying Time Warner is a media company or Disney.   &gt;Buzzfeed's scoops are about stars dating each other, political stories, etc. Vice does pieces on buying nukes on the black market, the inside tour of North Korea (you know that claim that they have the same fat kid and fake grocery stores full of fake food?   Have you actually visited their website?  It has such stories such as \"\"Turns Out It's Totally Cool to Have a 20-Pound Lobster in Your Suitcase\"\" and \"\"The Mothers Haunted by Their Sons' Unsolved Murders\"\" as well as \"\"D.R.A.M. Opens Up About Being a 'Big Baby' on 'THE THERAPIST'\"\" and \"\"New Yorkers Love Pride, Hate Trump\"\".  Really no different from Buzzfeed except Vice doesn't do the whole list thing.    &gt;Do you not understand that your derivative argument is faulty?  Nope, as it is not faulty.  You can claim it is all you want, but until you prove its faulty its not.  And you yet to prove its actually faulty.   &gt;You are judging the quality of a story by your negative opinion of the producer and publisher's reputation: that's subjectivity.   One I told you I read the article and it was crap, you even agreed with me it was crap. Two media companies do screen what content is on their platform.  Meaning if they are smart they check for the quality of content as well.  Thirdly didn't I tell you like 3 times now to stop making leaping assumptions and bullshit claims? Yet you continue to do so.  And for someone claiming to have good analytic skills you certainly fall short in them.\""}
{"text": " Twice I went into Best Buy this summer and found items less than online.  I finally bought a floor model Canon t2i for $500.  I mentioned to the guy that this was less than a used one on eBay.  He mentioned corporate had just hired a guy whose whole job is to browse the internet and make prices competitive, at least where they are able to."}
{"text": " I have done this for years and have been quite successful at it. Two reason I even need to do this - desire to pay for engagement ring and pay for 150 person wedding without using my nest-egg/savings.  You need to keep a document that details when the free APRs run out, and you need to setup automatic payments of the minimum balance from your checking account so you ensure you do not miss a payment.  You need to understand when you are going to need to make big purchases of homes/apartments/cars so that you can ensure you aren't doing this right before your credit score is being checked (Need to leave 12 months without opening new accounts before doing this).  I have been able to finance about $60,000 worth of unsecured debt paying between 3-5% interest per year. We have an unsecured credit line with Citibank that charges 14% and is capped at $10,000, and Discover Personal Loans charge around 14% as well (in pre-paid interest!).  I would say, all things considering, that this is a great deal if you don't have a secured line of credit with a low interest rate.  It is something, however, that if you aren't diligent can get away from you. From my experience I would rather pay a small amount of interest while allowing my savings and retirement to grow interest (hopefully greater than 3-5%) than pay the huge expense and start from zero. But if you miss a single payment on a 0 APR balance transfer they charge you all back interest concessions plus charge you a penalty rate.  Like many of the other posts, you need discipline to make this work."}
{"text": " \"Incremental profit, not revenue. If the incremental profit I project from an additional hire is greater than the cost. Taxes drive the cost up and the profit down, depending on the tax. Saying \"\"I will hire no matter what taxes are levied against me\"\" is just as ridiculous as saying \"\"I will not hire if one cent is levied against me\"\".   At the end of the day, profits are the source of future expansion and investment (we are not publicly traded). Taxes effectively reduce the amount we have left to invest. They do not reduce this amount to zero, but they do reduce it.   You are right to imply that I want the business to grow constantly, but that requires investment of actual money before the top or bottom line impact happens, months or years in advance. Sometimes, you take a risk that doesn't pan out, and that money is gone forever. Sometimes it develops into a profitable segment of the business. In wither case, taxes reduce the chunk of change we can use for this kind of activity.  I sense latent hostility in your phrasing, but I hope I am wrong. It feels like you are accusing me of making a profit, but I openly admit to making a profit. I do not view this as something bad. It is profitability that allows me to increase salary and benefit levels for employees, try to continually improve working conditions, invest in new equipment, spend on r&amp;amp;d to make better products, and of course increase my personal income.  I try to align the way in which i make money personally with constantly making customers and employees happier. Happy customers means more revenue and happy employees means better processes, better ideas, and more profit. I don't view this as bad, and I hope I read emotion into your comment that you did not mean. If so, I apologize in advance, but if you did mean to be hostile, I hope you at least understand where I am coming from now.  Edit: grammar\""}
{"text": " Actually nearly the entire western world is following in Japan's footsteps. A decade from now debts of 200%+ / GDP will be common place, why because populations are ageing &amp; older people tend to spend less &amp; western economies are consumer driven.  Meanwhile, as happened in Japan, people don't want to pay more tax or lose entitlements &amp; politicians don't want to take them away for fear of losing votes. However, in the new normal of constant volatility and low interest rates and few growth opportunities western countries with their own currencies will probably get away with it for quite a long time. But watch Japan, because they're a decade ahead and if they collapse or even somehow solve the problem then the West is probably not far behind"}
{"text": " You only have to own it for a day (or rather for some amount of time before the close of trading the day before the ex-dividend date).  This is governed by exchange rules based on the date of record and payable date set by the company.  You might want to look at this article or this one for more details. It should be difficult to make money from changes due to the dividend distribution since it is well known and expected.  The exchanges have established rules for handling the various details that can come up, and traders account for the change where appropriate (as in option pricing).  Also, note that the favorable U.S. tax treatment of dividends requires a 60-day ownership period for the stock."}
{"text": " If an advisor uses asset allocation and risk management in conjunction with financial planning, performance will be adequate for each client's goals in the LONG RUN. Past performance doesn't mean shit for the future and imo, bragging on performance in a prospect meeting signals that they don't have any other value to lean on and likely take on more risk than they should to show that performance."}
{"text": " Note: While I think the above is a reasonable interpretation, I'm not about to take legal responsibility for it since I'm not a lawyer, if you need serious advice get a professional opinion through appropriate channels."}
{"text": " Here is a list of threads in other subreddits about the same content:   * [Intro to Game Theory: The Prisoner\u2019s Dilemma](https://www.reddit.com/r/Economics/comments/78d7yo/intro_to_game_theory_the_prisoners_dilemma/) on /r/Economics with 5 karma (created at 2017-10-24 11:41:38 by /u/SpaceshipAU)  * [Intro to Game Theory: The Prisoner\u2019s Dilemma](https://www.reddit.com/r/spaceshipau/comments/76o91y/intro_to_game_theory_the_prisoners_dilemma/) on /r/spaceshipau with 1 karma (created at 2017-10-16 12:47:40 by /u/SpaceshipAU)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"text": " Greetings from kukreja Group Hotels,   We welcome you to our hotels at DELHI, GURGAON, JAIPUR, AGRA, KANPUR, LUCKNOW, HARIDWAR, PUNE and HYDERABAD, upscale hotels that are setting new standards in the hospitality industry in budget accommodation in India. Our full host of amenities welcomes both business and leisure travelers with warm graciousness."}
{"text": " There are some cases I'm aware of where a large employer will offer alternative HSA vendors, but this is not the norm as far as I'm aware, and would only be an option if your employer has already negotiated for this with your insurer. It's likely that this specific vendor is built in for the particular HSA product your employer has elected from Aetna. If this really ticks you off on principle, you can check if they offer a stable value fund. If so, you can essentially treat this money as part of your emergency fund, and somewhat reduce your own emergency fund and invest that money however you see fit."}
{"text": " For futures, you are obligated to puchase the security at $x when the contract expires.  For an option, you have the right or option to do so if it's favorable to you."}
{"text": " Both. It's a hell of a bargain. $4bn for a franchise that will run for decades, every film nigh on guaranteed to bring in $500m+ in theatrical PLUS merchandishing, plus all the other stuff they bought? (all catalogue, ILM, etc etc etc)."}
{"text": " \"Their analysts are actually pretty bright. Remember, they downgraded Facebook before the IPO. However, it doesn't stop the sheep from buying the stock. It's just like those subprime mortgages that pretty much said \"\"THIS IS CRAP\"\" all over the prospectus, and people still brought it.\""}
{"text": " Given some of the first few comments [like this one](https://www.reddit.com/r/business/comments/6hmdwf/amazon_is_buying_whole_foods/dizdu6b/), no it was not.  But I really wish you the best of luck in your future snarky replies, and dramatic de-douchifying edits of them to help you save face. I hope you make lots of karma, okay?"}
{"text": " I have many friends in the skilled trade fields that are not experiencing the shortage of workers.  They are experiencing a shortage of jobs.  I don't get where the idea of a shortage in manual labor is even coming from, because we really wish we were seeing that here.  I chose Computer Science because there was no shortage of need for CS majors, and when I graduated, my friends and I couldn't find CS jobs in our area for new graduates.  I moved onto IT purely through connections.  Some of my friends moved to other fields.  One became a stay at home dad because his wife was able to find better paying jobs in his area than he was.  We're sold these primrose path stories where you just need to fight for what others are offering, and you, too, can win!  But the reality just isn't fitting the narrative!  My friends fought and still fight!  To give up is to die!  But they are in no means doing well.  Maybe you don't have to see that.  Maybe you just get to hear the stories of the liberal art degrees that want better jobs.  Good.  Then your area is doing better than mine, or is more shielded.  I am still in America.  I work hard and have hard working friends.  Some, like me, are doing well.  Some are struggling despite doing their best.  The primrose path is an unfortunate lie."}
{"text": " Interestingly, the Staples doesn't own most of the land their stores operate on like its competitors. They opted for leases versus buying land during expansion to focus capex on other parts of the business. However, it leaves the company without a lot of land and therefore low relative book value. The value in Staples lies in their online B2B in a direct business model, though how much growth lies in physical paper and ink in a world of tablets and computers remains to be seen."}
{"text": " As many have said consult a bankruptcy attorney and think of it this way:  Are you realistically going to be able to pay off said debt (less the student loans, you cant escape these in bk) in the next 7 years?  If not, strongly consider bankruptcy. It'll fuck your credit for 7 years, but if you're going to be pinching your pennies to barely cover interest for &gt;7 years anyway, who cares. Further, you don't need more credit anyway, so who cares if you cant get it.  If you do plan on the bk route, be sure you're comfortable with your job prior to filing. It will obviously fuck your credit score and many employers check said score when hiring. Chances of switching jobs are diminished to some extent.  EDIT: On a second note, 11k in debt is not that much money. Take a second job.. Sell shit.. Sell drugs.. Sell a kidney. Do something. 11k is not hard to earn. But earn it now before exorbitant interest rates turn it to 22k, then 44k, etc.."}
{"text": " The reason I don't know of any banks who would offer this to you (even if you held the investment account with their bank) is that there is no upside to the bank. It is a good idea for you, but what would they have to gain from this arrangement?  The reason banks require a down payment is underwriting quality. If you can afford a significant down payment, they know that there is a significantly lower chance that you will default. However, if you were to provide an investment account as collateral, you would receive all the upside, and any downside would reduce their collateral as a percent of the amount loaned. This sort of idea could potentially work along the lines of a margin call (ie you have to provide additional capital if your asset value drops), but this would have the effective of leveraging the bank's risk, when their objective is to lower their risk through requiring a down payment. I don't see a reason why the bank would take on the risk that you would need to provide additional capital down the road with no upside for them. Additionally, many banks have backed away from the kinds of zero-down-payment and negative-amortization-ARM loans that got them (or the people they sold them to) in trouble over the last few years in an effort to reduce how much risk they take on. I think that in theory, you'd have to offer a lot more benefit to the bank, and that in practice it's probably a non-starter right now."}
{"text": " \"Except the list of exceptions seems to be growing and growing.   You can only go bankrupt once, and certain loans are exempt from bankruptcy anyway.  Want to level the playing field?  Make CEO's responsible too for \"\"certain debts\"\" like payroll.\""}
{"text": " \"It's actually really hard to know anything about how skilled your friends are, unless you have a lot in-depth work discussions with them and you are in the same field.  And then there is the \"\"My dad plays golf with the CEO\"\" kind of who-you-know\""}
{"text": " Yeah, that's what I do, just buy the indices and forget it. My portfolio is so boring it's elegant, and makes money too.  4.5% YTD and 5.9% in 2016, not bad for a 30/70 stock bond split for this 70-year-old. Oh, did I tell you my costs are .06%! I am enjoying the freedom of my retirement."}
{"text": " These models are specially designed with spring supported chest for ironing thicker and folded linen. Our economic range flatwork ironers offer you an excellent combination of efficiency, quality and convenience, making it the finest special designed flatwork ironer available in the world. The ability to fold and feed, as you need them, allow you to process from 60 to 70 single bed sheets per hour."}
{"text": " \"You can get a \"\"drive-by\"\" appraisal or an assessment from a local real estate agent. This obviously will give you a less precise and not as reliable information as a full appraisal, but will be significantly cheaper.\""}
{"text": " \"the financial community hates him because he teaches people who don't have financially-responsible parents how to think properly about money and how it works.  I've read the books and  it's not remotely about \"\"getting rich quick\"\".  It's about  showing people the patterns of thinking that seperate the haves from the have nots.  The more snide remarks I see about this guy, especially on financial forums, the more I realize the value of his originals texts.\""}
{"text": " It's not a full credit course but part time comic James Cunningham has speaking tour that promotes personal finance in high schools."}
{"text": " In finance you are taught that debt financing is cheaper than equity financing.  Also to improve your credit rating, showing that you can carry debt responsibly and pay it off without a hitch sends dog whistle that the corporation is operating well."}
{"text": " The biggest flaw in the unemployment rate is that it does not count individuals who have fallen off the unemployment benefit rolls. So if your unemployment has lasted longer than your unemployment benefits, guess what, your not unemployed anymore and the rate decreases. Also as this older article below illustrates, individuals are being pushed into other programs as a means to survive further removing them from employment opportunities.   http://www.marketplace.org/topics/economy/when-unemployment-runs-out-whats-next"}
{"text": " Here at taap.it we support local businesses and efforts that they partake in every day existence. Our motto to \u201clive local\u201d is backed up by over 5,000 bakeries, electronic shops, and t-shirt stores that are signed up with us and use our services.  We strongly speak out against conglomerates and monopolies that try to destroy the experience of shopping in your neighborhood. We are passionate about the cause and have started to lobby New York politicians to inform them about this precedent and our voice will not be unheard. Join the revolution in the way you shop! Join small businesses that truly care about their customers and not senseless machines that try to make as much profit as possible! Join taap.it!"}
{"text": " If you're looking for a high quality, affordable and custom made kitchen right here in Brisbane, then look no further. Our team of professional tradesmen is Brisbane's leaders in kitchen design and renovation. We'll start by working closely with you to design a custom look that is right for your house, and that makes the most of the space available. Next, we'll carefully construct the cabinets in our purpose built facility. And finally, we'll install them in your home, transforming the way you cook forever. Call us today to find out more."}
{"text": " What makes it hard is that you're making this decision now, when you've already made decisions over the years going in a different route. I've noticed this recently w/some of my friends, that decisions, even small ones, over the years now come back to bite them b/c they didn't have a long term view. Now in early 30's they are constrained by choices throughout their 20's. Unfortunately, most people aren't equipped to make good decisions earlier, which hurts them later. So making such a change in lifestyle becomes harder.  So while it can be done, it's going to take some hard decisions. Just remember, children are a great reward, and a great sacrifice."}
{"text": " There's no way the greek government has the cash to defend a peg. Defending a peg takes a lot of cash. If your currency goes above the peg, you need to print more. If it goes below the peg, you need to buy it back, with euros for example. Greece has no euros, and so cannot defend a peg."}
{"text": " Edit: This is paywalled so I pasted it here.  LONDON\u2014The synthetic CDO, a villain of the global financial crisis, is back.  A decade ago, investors\u2019 bad bets on collateralized debt obligations helped fuel the crisis. Billed as safe, they turned out to be anything but. Now, more investors are returning to CDOs\u2014and so are concerns that excess is seeping into the aging bull market.  In the U.S., the CDO market sunk steadily in the years after the financial crisis but has been fairly flat since 2014. In Europe, the total size of market is now rising again\u2014up 5.6% annually in the first quarter of the year and 14.4% in the last quarter of 2016, according to the Securities Industry and Financial Markets Association.  Collateralized debt obligations package a bunch of assets, such as mortgage or corporate loans, into a security that is chopped up into pieces and sold to investors.  The assets inside a synthetic CDO aren\u2019t physical debt securities but rather derivatives, which in turn reference other investments such as loans or corporate debt.  During the financial crisis, synthetic CDOs became a symbol of the financial excesses of the era. Labelled an \u201catomic bomb\u201d in the movie \u201cThe Big Short,\u201d they ultimately were the vehicle that spread the risks from the mortgage market throughout the financial system.  Synthetic CDOs crammed with exposure to subprime mortgages\u2014or even other CDOs\u2014are long gone. The ones that remain contain credit-default swaps referencing a range of European and U.S. companies, effectively allowing investors to bet whether corporate defaults will pick up.  Desperate for something that pays better than basic government bonds, insurance companies, asset managers and high-net worth investors are scooping up investments like synthetic CDOs, bankers say, which had largely become the preserve of hedge funds after 2008.  Investment banks, which create and sell CDOs, are happy to oblige. Placid markets have made trading revenue weak this year, and such structured products are an increasingly important business line.  Synthetic CDOs got \u201cbad press,\u201d says Renaud Champion, head of credit strategies at Paris-based hedge fund La Fran\u00e7aise Investment Solutions. But \u201cthat market has never ceased to fully function,\u201d he added.  These days, Mr. Champion still trades synthetic CDOs, receiving a stream of income for effectively insuring against a sharp rise in European corporate defaults.  Many investors, though, still view the products as unnecessarily complex and are concerned they may be hard to offload when markets get choppy\u2014as they did in the last crisis. From the DepthsThe amount outstanding of European collateralized debt obligations has been growing again after years of shrinking.  \u201cWe don\u2019t see that demand from our clients and we wouldn\u2019t recommend it,\u201d said Markus Stadlmann, chief investment officer at Lloyds Private Banking, citing concerns over the products\u2019 lack of transparency and lack of liquidity, meaning it could be hard to offload a position when needed.  The return of synthetic CDOs could present other risks. Even if banks are currently less willing to loan money to help clients juice returns, credit default swaps can be very leveraged, potentially allowing investors to make outsize bets.  Structured products accounted for nearly all the $2.6 billion year-on-year growth in trading-division revenue at the top 12 global investment banks in the first quarter, according to Amrit Shahani, research director at financial consultancy Coalition.  \u201cThere has been an uptick in interest in any kind of yield-enhancement structure,\u201d said Kokou Agbo-Bloua, a managing director in Soci\u00e9t\u00e9 G\u00e9n\u00e9rale SA\u2019s investment bank.  The fastest growth this year has come in credit\u2014the epicenter of the 2007-08 crisis. The top global 12 investment banks had around $1.5 billion in revenue in structured credit in the first quarter, according to Coalition, more than doubling since the first quarter of 2016. Structured equities are largest overall, a business dominated by sales of derivatives linked to moves in stock prices, with revenue of $5 billion in the first quarter.  \u201cThe low-yield environment hurts,\u201d said Lionel Pernias, a credit-fund manager at AXA Investment Managers. \u201cSo there are a lot of asset owners looking at structured credit.\u201d  These days, the typical synthetic CDO involves a portfolio of credit-default swaps on a range of companies. The portfolio is sliced into tranches, and investors receive payouts based on the performance of the swaps. Those investors owning lower tranches tend to get paid more but are subject to higher losses if the swaps sour. Structured GrowthBank revenues from structured products such as collateralized debt obligations are rising faster than conventionaltrading of stocks, bonds and currencies.  For instance, an investor can sell insurance against a pick-up in defaults in the lowest\u2014or \u201cequity\u201d\u2014tranche of the iTraxx Europe index, a widely traded CDS benchmark that tracks European investment-grade companies. In return, the investor will receive regular payments, but those will shrink with every company default and stop altogether once 3% of the portfolio has been wiped out through defaults.  During the financial crisis, synthetic CDOs based on standardized indexes like iTraxx Europe suffered losses as traders expected defaults to pick up. Investors who held on, though, have since done \u201cgreat,\u201d says Mr. Champion.  Investors who agreed to insure against a rise in defaults for 10 years on the equity tranche of the iTraxx Europe index in March 2008 have made roughly 10% a year, according to an analysis of data from IHS Markit . That\u2019s despite defaults from two companies in the index: Italian lender Monte dei Paschi di Siena and Portugal Telecom International Finance BV.  In contrast, investors who sold insurance on tailored CDOs packed with riskier credits\u2014such as Icelandic banks or monoline insurers\u2014would have been on the hook for losses.  Synthetic CDOs have evolved since the crisis, bankers say. For instance, most are shorter-dated, running up to around two to three years rather than seven to 10 years. Some banks will only slice and dice standardized CDS indexes that trade frequently in the market rather than craft tailored baskets of credits.  There are also fewer banks involved in arranging these trades. Those active include BNP Paribas SA, Citigroup Inc., Goldman Sachs Group Inc., J.P. Morgan Chase &amp; Co. and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale.  Postcrisis regulations have forced banks to set aside more capital against these transactions and use less leverage. That has encouraged banks to parcel out the risk to clients rather than keeping it on their own books.  \u201cThere is a lot more regulation and scrutiny and a lot less leverage,\u201d said Mr. Agbo-Bloua.  Mr. Champion says he only trades tranches based on standardized CDS indexes, which he says are easier to buy and sell than more tailored products. Currently, he sees value in selling default protection on super-senior tranches.  Mr. Champion said he has to lay down only around $1 million in upfront margin costs on a $100 million trade of this kind.  \u201cThe cost of leverage in the derivatives space is very low,\u201d he said.  Any expectations of default rates picking up could inflict losses on synthetic CDOs, though at the moment analysts forecast they should decline. Still, the memory of how the market behaved in the immediate aftermath of the financial crisis is likely to keep many investors on the sidelines.  \u201cIf you\u2019re the person responsible for buying the synthetic CDO that suddenly goes wrong, your career risk is bigger than if you\u2019d bought a plain vanilla bond that goes wrong. It has a bad name,\u201d said Ulf Erlandsson, a portfolio manager at start-up hedge fund Glacier Impact, who until recently oversaw credit for one of Sweden\u2019s public pension funds."}
{"text": " Well the only way you can actually legally do a bond issuance is through a broker dealer. In order to register and actually sell the securities to outside investors, you need a registered representative at a registered broker dealer. This falls under blue sky laws. You LEGALLY have to have one.  Also, why would you prefer to issue? I mean public debt offerings are massive undertakings (hence why I said unless no one is pitching you, why do it). For example, as a first time issuer, you would have to register with the SEC, every state you plan to issue in, submit historical AUDITED financials, comply with SOX and other accounting filings, bring in due diligence, go on roadshows, etc. This stuff costs A LOT of time and money.   For example, since you've never issued before, if you're cooking the books and the bankers don't catch it they can be legally liable for fraud.  Also, how much are you even trying to raise?"}
{"text": " \"Pure nothingness.   Google says \"\"We see ourselves as an urban innovation platform, \"\"  \"\"make use of dynamic signage, flexible street furniture and guidance from smartphone apps \u2026 to create better pedestrian flow.\"\"  This is all hype nothingness imo.\""}
{"text": " All you personal virtue folks need to realize that as students are crushed under every greater debt loads, in the context of flat wages and a mediocre economy BEFORE the next crash, it will harm the greater economy and you.   No matter how awesome YOU are, students carrying trillions in debt will be folks who can't buy homes and spend a lot less on other things.  Unless you work for a student loan lender, that can hit you too down the road.  A bad economy is bad for all.  The cost of University has spiraled out of control and to absurdly expensive levels, student debt is a society wide problem that will affect the virtuous and the repulsive alike.  Get over yourselves."}
{"text": " As much as you want, and are otherwise comfortable with. No matter where you go or what you do, I doubt you would miss the money more than the experience. Money is just money and you can always get some more, but you can't get more time. That's my rule of thumb."}
{"text": " **Poe's law**  Poe's law is an adage of Internet culture stating that, without a clear indicator of the author's intent, it is impossible to create a parody of extreme views so obviously exaggerated that it cannot be mistaken by some readers or viewers as a sincere expression of the parodied views.  The original statement of the adage, by Nathan Poe, was:    Without a winking smiley or other blatant display of humor, it is utterly impossible to parody a Creationist in such a way that someone won't mistake for the genuine article.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"text": " \"I think the answer to how much you \"\"should\"\" spend depends on a few more questions: Once you answer these questions I think you'll have a better idea of what you should spend. If you have no financial goals then what kind of car you buy doesn't really matter. But if your goals are to build and accumulate wealth both in the short and long term then you should know that, by the numbers, a car is terrible financial investment. A new car loses thousands of dollars in value the moment you drive it off the lot. Buy the cheapest, reliable commuter you can ($5k or less) and use the extra money to pay off your debts. Then once your debts are paid off start investing that money. If you continue this frugal mindset with your other purchases (what house to buy, what food to eat, what indulgences to indulge in, etc...) and invest a bit, I think you'll find it pretty easy to create a giant amount of wealth.\""}
{"text": " Sure, Walmart is doing fine; at their size and buying power, if they weren't, it'd be a sign that we're in more economic trouble than we thought.  Some things I've noticed each time I've shopped at Sears in recent years (usually because I needed certain things quicker than the Internet could provide): there's usually no one around to help, their product choice is rather limited, and their prices can be surprisingly high compared to competitors even in the same mall."}
{"text": " \"Why \"\"lab meat\"\" is \"\"terrible\"\"?   Do you know that cows, sheep, farm pigs, goats, chicken, etc are artificial animals that not one of them exist in nature? They are all genetically modified from some original 10,000 years ago (except the Turkey, discovered when America was discovered, and in less than 200 years, a farm-Turkey does not even resemble a wild Turkey.)  Do you prefer pregnancy, birth, labor intensive, antibiotics, diseases, feeding, slaughtering, butchering, etc involved in raising a cow until it becomes a hamburger on your plate?  Once people thought that Coca Cola, Cigarettes, etc are the best for them... because of Marketing.  With proper and simple truthful marketing, people would prefer lab meat compared to farm meat.\""}
{"text": " You can't rollover a 401k directly into a Roth IRA.  What you can do is rollover a 401k into a traditional IRA, and then convert some or all of the money to a Roth IRA.  This is independent of any contributions made to a traditional or Roth IRA."}
{"text": " There are a couple of things to consider.   First, in order to avoid interest charges you generally just need to pay the statement balance before the statement due date.  This is your grace period.  You don't need to monitor your activity every day and send immediate payments.  If you're being really tight with money, you can actually make a little profit by letting your cash sit in an interest bearing account before you pay your credit card before the due date. Second, credit card interest rates are pretty terrible, and prescribed minimum payments are comically low.  If you buy furniture using your credit card you will pay some interest, be sure to pay way more than the minimum payment.  You should avoid carrying a balance on a credit card.  At 20% interest the approximate monthly interest charge on $1,000 is $16.67. Third, if you carry a balance on your credit card you lose the interest grace period (the first point above) on new charges.  If you buy your couch, and carry the balance, when you buy a soda at 7-11, the soda begins to accrue interest immediately.  If you decide to carry a balance on a credit card, stop using that card for new charges.  It generally takes two consecutive billing period full balance payments to restore the grace period. Fourth, to answer your question, using a credit card to carry a balance has no impact on your score.  Make your payments on time, don't exceed your limits, keep your utilization reasonable.  The credit agencies have no idea if you're carrying a balance or how much interest you're paying. To Appease the people who think point four needs more words: Your credit report contains your limit, your reported balance (generally your statement balance), and approximate minimum payment.  There is no indication related to whether or not the balance contains a carried balance and/or accrued interest.  The mere fact of carrying a balance will not impact your credit score because the credit reporting bureaus don't know you're carrying a balance.  Paying interest doesn't help or hurt your score.  Obviously if your carried balance and interest charges push your utilization up that will impact your score because of the increased utilization. Make your payments on time, don't exceed your limits, keep your utilization reasonable and your score will be fine."}
{"text": " You can also take a major credit card to almost any bank, walk up to the counter, and take a cash advance there as well.  Doing it at the counter will save you the ATM fee, though the bank may charge a processing fee so it could turn out more expensive."}
{"text": " Alright, IRS Publication 463: Travel, Entertainment, Gift, and Car Expenses Business and personal use. If you use your   car for both business and personal purposes,   you must divide your expenses between business   and personal use. You can divide your expense   based on the miles driven for each purpose. Example. You are a sales representative   for a clothing firm and drive your car 20,000   miles during the year: 12,000 miles for business   and 8,000 miles for personal use. You can   claim only 60% (12,000 \u00f7 20,000) of the cost of   operating your car as a business expense Obviously nothing helpful in the code.  So I would use option 1, weight the maintenance-related mileage by the proportion of business use.  Although if you use your car for business a lot (and perhaps have a spouse with a car), an argument could be made for 3.  So I would consider my odds of being audited (even lower this year due to IRS budget cuts) and choose 1 or 3. And of course never throw anything away until you're room temperature."}
{"text": " If it's a low margin business and you can get value for it that's higher than the leadership values it, and they have some opportunity in a better margin business but for some reason couldn't acquire debt funding or more investors to fund the new business; then it might be feasible, but unusual and probably not ideal."}
{"text": " Since October 26th the marketers of the Savoury-cluster (Unox, Knorr, Bertolli, Conimex and Cup-a-Soup) are interacting on Facebook with hundred consumers for three months. Unilever\u2019s marketers talk about consumer eating habits, cooking- and buying behavior. They also research what consumers think of their products, brands and advertising."}
{"text": " This article is slightly out of date. Japan has the fastest supercomputer, and Oak Ridge National labs is teaming up with Nvidia to once again have the fastest super compuer. Also, one other comment to make is that while wages are low in china they have been slowly increasing, and with increasing fuel costs and quality of items not as good as they are here in America we have started to see a slight shift in jobs coming back to America. Unfortunately, these jobs will never come back at same rate in which they left."}
{"text": " \"This is the best tl;dr I could make, [original](http://www.imf.org/en/Publications/WP/Issues/2017/09/29/Settling-the-Inflation-Targeting-Debate-Lights-from-a-Meta-Regression-Analysis-45253) reduced by 66%. (I'm a bot) ***** &gt; The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.  &gt; First, authors, editors and reviewers prefer results featuring beneficial effects of IT adoption on inflation volatility, real GDP growth and fiscal performances; second, they promote results with estimated coefficients that are significantly different from zero.  &gt; After filtering out the publication biases, we still find meaningful effects of IT in reducing inflation and real GDP growth volatility, but no significant genuine effects on inflation volatility and the level of real GDP growth.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73dvpv/imfsettling_the_inflation_targeting_debate_lights/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~219449 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*: **effects**^#1 **IMF**^#2 **paper**^#3 **Inflation**^#4 **publication**^#5\""}
{"text": " The ignorant and absolutely misleading or flat out lying done by these companies to sway politicians in favor of fracking is intellectually insulting to someone whose head is not firmly rammed up his own ass. Specifically, me. Fracking is no bueno because it is no safeo. Why not also store spent nuclear fuel rods close to an aquifer while we're doing stupid things?"}
{"text": " Monetizing mobile is just the one thing your regular investor can think of.  FB can create their own customer web browser.  FB-phone.  They're moving into Skype's market with video conferencing and chat.  Their data mining alone is worth a fortune.  They know everything about you plus every site you visit.  In-line newsfeed adverts.  **Now I agree with everything you say**, but their earning potential is huge if they're creative.  For some reason, people think that throwing ads on their mobile is going to be their next big cash cow, when I think it'll be minimal.  The biggest thing to FB's potential success is not driving the user base away.  I'd go long at $22 pretty comfortably."}
{"text": " A rising tide lifts all ships   Most (but not all) stocks trend along with the general market. Some trend right along with the market (and have a beta at, or very near, one) some follow the Market, but are less sensitive (having a beta of less than one). Some are hypersensitive (and would have a beta of greater than one).  Beta defined  So most of the day to day movement of a stock is because the general market is moving (in the same direction). Of course, exceptional news about the company would cause its price to move independent of the general market. But more often than not the price of a stock moves just because the rest of the market is moving."}
{"text": " \"We need some patent protection. For instance, I would support a patent on cold fusion. Or FTL propulsion. Or a cure for cancer. Some things are significant advances that you want to encourage and protect the inventor's revenue from duplication. But not, \"\"a business process and method for associating a finger-stroke with an element displayed on a flat-panel glass screen.\"\"\""}
{"text": " Massive spending cut (pension reform mostly) with a temporary tax increase. It has to be temporary because as /u/DrudgeBreitbart pointed out, taxes are already high in the state.   They really need to do away with flat income taxes permanently as well."}
{"text": " She's directly responsible for the several security breaches Yahoo had under her tenure, which there are probably lawsuits about. Those alone cost stockholders a good amount of value off the company, and Mayer had to give up a % of her compensation as a result."}
{"text": " Nazis weren't socialist but it's nice that you're parroting 4chan and Truth_Deniers talking points (it makes it easy who's opinions to ignore). Just because they had socialist in their name doesn't mean they were socialist.   Just like today's Chinese communist party isn't at all communist anymore."}
{"text": " \"You own a fractional share of the company, maybe you should care enough to at least read the proxy statements which explain the pro and con position for each of the issues you are voting on. That doesn't seem like too much to ask. On the other hand, if you are saying that the people who get paid to be knowledgeable about that stuff should just go make the decisions without troubling you with the details, then choose the option to go with their recommendations, which are always clearly indicated on the voting form. However, if you do this, it might make sense to at least do some investigation of who you are voting onto that board. I guess, as mpenrow said, you could just abstain, but I'm not sure how that is any different than just trashing the form. As for the idea that proxy votes are tainted somehow, the one missing piece of that conspiracy is what those people have to gain. Are you implying that your broker who has an interest in you making money off your investments and liking them would fraudulently cast proxy votes for you in a way that would harm the company and your return? Why exactly would they do this? I find your stance on the whole thing a bit confusing though. You seem to have some strong opinions on corporate Governance, but at the same time aren't willing to invest any effort in the one place you have any control over the situation. I'm just sayin.... Update Per the following information from the SEC Website, it looks like the meaning of a proxy vote can vary depending on the mechanics of the specific issue you are voting on. My emphasis added. What do \"\"for,\"\" \"\"against,\"\" \"\"abstain\"\"and \"\"withhold\"\" mean on the proxy card or voter instruction form?   Depending on what you are voting on,   the proxy card or voting instruction   form gives you a choice of voting   \"\"for,\"\" \"\"against,\"\" or \"\"abstain,\"\" or   \"\"for\"\" or \"\"withhold.\"\" Here is an   explanation of the differences: Election of directors: Generally,   company bylaws or other corporate   documents establish how directors are   elected. There are two main types of   ways to elect directors: plurality   vote and majority vote. A \"\"plurality vote\"\" means that the   winning candidate only needs to get   more votes than a competing candidate.   If a director runs unopposed, he or   she only needs one vote to be elected,   so an \"\"against\"\" vote is meaningless.   Because of this, shareholders have the   option to express dissatisfaction with   a candidate by indicating that they   wish to \"\"withhold\"\" authority to vote   their shares in favor of the   candidate. A substantial number of   \"\"withhold\"\" votes will not prevent a   candidate from getting elected, but it   can sometimes influence future   decisions by the board of directors   concerning director nominees. A \"\"majority vote\"\" means that directors   are elected only if they receive a   majority of the shares voting or   present at the meeting. In this case,   you have the choice of voting \"\"for\"\"   each nominee, \"\"against\"\" each nominee,   or you can \"\"abstain\"\" from voting your   shares. An \"\"abstain\"\" vote may or may   not affect a director's election. Each   company must disclose how \"\"abstain\"\" or   \"\"withhold\"\" votes affect an election in   its proxy statement. This information   is often found toward the beginning of   the proxy statement under a heading   such as \"\"Votes Required to Adopt a   Proposal\"\" or \"\"How Your Votes Are   Counted.\"\" Proposals other than an election of   directors: Matters other than voting   on the election of directors, like   voting on shareholder proposals, are   typically approved by a vote of a   majority of the shares voting or   present at the meeting. In this   situation, you are usually given the   choice to vote your shares \"\"for\"\" or   \"\"against\"\" a proposal, or to \"\"abstain\"\"   from voting on it. Again, the effect   of an \"\"abstain\"\" vote may depend on the   specific voting rule that applies. The   company's proxy statement should again   disclose the effect of an abstain   vote.\""}
{"text": " As soccer is one of the most popular game which is played worldwide so there are many companies used to manufacture the soccer ball. But the Best cheap soccer balls manufacture are as like the Adidas they are the main sponsor for the FIFA and the other game and their ball is very much popular among all soccer lovers. Nike is also one of the big sponsors for big events and there is lots of other brand also who used to manufacture the soccer ball."}
{"text": " The exact Financial calander followed is different for different regions/countires. The difference is more historical and a convinient practise that has no advantage / reason to change. Many Countries like US/Japan the Financial year can be choosen by companies and needs to be same every year. This need not be same as the Financial year followed by Government. Typically Banks would follow the Financial year followed by Government as this would have more direct impact on the business per say in terms of policy changes which are typically from the begining of new financial year for Government. If the Banks follow a different calander, there would be additional overhead of segregating transactions for reporting. Large corporates on other hand would tend to follow a Calander year as it is more convinient when operating in different geographies.  There is a very good article on wikipedia http://en.wikipedia.org/wiki/Fiscal_year"}
{"text": " There are definitely ways to retroactively consolidate medical bills -- there's an entire industry of companies offering debt consolidation (many of which are scummy/predatory, be careful! See https://www.consumer.ftc.gov/articles/0150-coping-debt and some decent articles at http://blog.readyforzero.com/are-there-legitimate-debt-consolidation-loans and http://blog.readyforzero.com/how-to-find-a-reputable-debt-consolidation-company). In general, what you are looking to do is take out a loan, possibly at a better interest rate than whatever you are being charged currently, and pay off the medical bills. If you are not paying interest on the medical bills and are just being allowed to spread out the payments, you are already golden and should just put up with the ups and downs. If you have any equity in a home, take out a home equity loan or line of credit, pay off your medical bills. Rates are still great right now. Even if you have no home equity to tap, if you have a steady job you might be able to get a nice small loan from a local bank or peer-to-peer lending site. Do your homework and only work with reputable companies, especially if doing things online."}
{"text": " No.  The majority of creditors agreed to those terms.  If they hadn't, then Argentinas default would have been an open and shut case some time ago.  Its only now that they're in technical default, because the holdouts went against the majority, and the conditions of the bonds are that all must get equal treatment."}
{"text": " \"Sure, but it doesn't revolve around facebook or reddit, it doesn't revolve around twitter or snapchat or instagram stories..... the truth is all of these \"\"techies\"\" generally don't actually know a thing themselves about coding or computers, they just know how to touch screens and get results from algorithms the rich created.   That skill of doing basically nothing replaced a ton of real human capital that got things done.\""}
{"text": " Yes, but only because the US had a huge crash. Other economies have, in the absence of any credible *real* growth strategy, continued pumping housing.  I still think student debt will erode incomes further as it's simply pulling forward demand that will drag on incomes later. When nearly everyone has a degree then nearly everyone doesn't get paid much more for having one.  By the same principle of supply and demand all the boomer downsizing vs impoverished 30-something lack of upsizing will mean prices will fall."}
{"text": " With a $40,000 payment there is a 100% chance that the owner will be claiming this as a business expense on their taxes.  The IRS and the state will definitely know about it, and the risk of interest and penalties if it is not claimed as income make the best course of action to see a tax adviser. Because taxes will not be taken out by the property owner, the tax payer should also make sure that the estimated $10,000 in federal taxes, if they are in the 25% tax bracket, doesn't trigger other tax issues that could result in penalties, or the need to file quarterly taxes next year. This kind of extra income could also result in a change or an elimination of a health care subsidy. A unexpected mid-year  change could trigger the need to refund the subsidy received this year via the tax form next April."}
{"text": " \"This is such alarmist bullshit, although I shouldn't be surprised to see this kind of clickbait on a reddit economic/financial/business subreddit.  Aggregate (which obviously includes sand) is and always has been a primary input for the global construction market. Therefore, there always has and will be demand for it.  Land that's able to mine aggregate is practically unlimited relative to other natural resources. As a result of the large supply, it's incredibly cheap. As an example: a Google search for \"\"aggregate cost ton\"\" returns a company selling the stuff at less than $25/ton (http://www.bryanrock.com/commercial/price-list). The cost of delivering that aggregate to a work site is significantly more than the cost of the actual material!   There is no shortage of aggregate. If all of the statements made in the article are true (which I think we have reason to doubt given the overall quality of the piece), the only thing they provide evidence for is that A) demand has grown significantly year over year since 2010 (aka the end of the financial crisis and most recent market low point), B) Its sometimes difficult to create aggregate in some local markets because neighboring property owners don't want aggregate mines next door (ie, zoning laws are a challenge when trying to develop new mines), and C) organized crime controls the aggregate production in India (note: underdeveloped countries often have certain industries that are effectively controlled by organized criminal gangs).  There's nothing here that even remotely suggests that the world is running out of aggregate. This article is a prime example of the clickbait bullshit that absolutely floods reddit (especially the economic/financial/business communities). Reddit has some really amazing communities, but unfortunately I've yet to find a good one that deals with these subjects.  PS - I never write responses this long but I'm intoxicated and felt like sharing. Also - I'd like to exclude /r/personalfinance from my rant. Those guys actually do have a pretty good handle on the basic theory / knowledge / best practices.\""}
{"text": " Assumptions 1 & 2 are correct. Plus you will improve on credit score. The only disadvantage is if you get lax about it and overspend beyond your limit ... Plus a small risk of fraud of card transactions ..."}
{"text": " \"&gt; Kenyes wrote explicitly about deficit spending, and the repayment of those deficits. The denomination of the currency, floating or otherwise, is besides the point.  It's not at all besides the point.  A government can run out of gold. It cannot run out of its own free-floating currency. When it comes to borrowing, whether or not you can be unable to service that debt is **very** relevant to how much interest you pay.  As Japan cannot run out of yen, Japan can borrow yen very cheaply - despite books that don't make a lick of sense if evaluated like a business.  Because the US government cannot run out of USD, the US government can borrow USD very cheaply - even if there isn't any credible plan to \"\"pay down the debt\"\". Lenders quite simply don't consider the US's revenue/expenditure before loaning the government USD, for if you're not willing to loan USD to the guys that issue it, what *are* you going to be willing to do with it?\""}
{"text": " \"But which one is actually \"\"cutting the cord\"\" here? Apple began talking about \"\"second sources\"\" for screens, flash and cpu production and such a year ago.  There have been reports of Android phone makers also looking at doing the same thing: why give money to your strongest competitor?\""}
{"text": " What you say is definitely true, but sadly it\u2019s also true for literally every corporate job.  Generally, you don\u2019t need a ton of decision makers in any business (and in fact too many is usually a problem and why big firms (IBM, Microsoft, etc) react so slowly), so why not put the guys who have been in the trenches and know the business in and out at the top?"}
{"text": " &gt;But on the bright side, the most common decade for people to start saving is in their 20s. Twice as many 30 to 49 year olds said they started saving in their 20s instead of their 30s, while the 50 to 64 age group was \u201conly slightly more likely\u201d to have started saving in their 20s over their 30s, according to the report, which surveyed 1,003 adults living in the continental U.S.  So they are basing their analysis of how early people start saving purely by studying people in their 30s and 40s with those in their 50s and 60s. They don't compare either of those age groups with those in their 20s and 30s to see how things have changed?"}
{"text": " As we know location and connectivity plays a very important role in deciding the place you want to work from. Demand of ready to move office spaces in Noida is increasing day by day. The Metro rail extension or emergence in Noida has a huge impact on increasing the demand of ready to move office space in Noida."}
{"text": " I have sat on the phone with people for 40 minutes to install our program...which should normally take 2 minutes. Its pretty tedious, but it does feel good when they have it working. Then they call you five minutes later and go, soo how does it work? Lol."}
{"text": " Mutual funds are only traded once per day, while other securities can be traded any time during the day. Mutual funds are actually a collection of other things that have value, such as stocks. The price of a mutual fund is calculated at the end of the day after the market closes by looking at how much the collection of things changed in value during the day."}
{"text": " I would sit down with the creditors and negotiate smallest amount you can get before agreeing with whatever you have to pay. Think that, for them, it's much more convenient to get way less than $36K than to see you in collections. Needless to say, don't tell them you have to money to cancel off :-)"}
{"text": " I didn't say teachers were obsolete. You can take your show on the perverbial road as well and post your magic to YouTube as well. How many subscribers would you need to accomplish what you are paid by the institution? Could you help more poor people by choosing not to charge them?"}
{"text": " \"It's standard to price oil in US$.  That means that if the US$ gets stronger, the prices of oil drops even if its \"\"intrinsic value\"\" remains constant.  Same thing happens for other commodities, such as gold.  Think of the oil price in barrels/$.  If the denominator (value of the $) goes up, then the ratio tends to go down.\""}
{"text": " Canadian departure tax is implemented as a deemed sale gains proceeds taxation. Check here for details. What it means is that you're taxed on the difference between your FMV on the date of terminating residency and your Canadian cost basis (FMV when you acquired residency, or regular cost basis if you acquired the assets while being resident of Canada). It doesn't matter if you actually withdraw the money or not, it has no significance. You'll have to pay the tax either way."}
{"text": " Bordeaux Wine Company's top clients will gather for a private seminar and wine tasting to be hosted in London. The event will take place on the 29th of September, and exquisite wines of the elite Moutons Rothschilds and Lafite Rothschilds wineries will be tasted by the guests."}
{"text": " \"From Wikipedia: Managerial accounting is used primarily by those within a company or   organization. Reports can be generated for any period of time such as   daily, weekly or monthly. Reports are considered to be \"\"future   looking\"\" and have forecasting value to those within the company.** Financial accounting is used primarily by those outside of a company   or organization. Financial reports are usually created for a set   period of time, such as a fiscal year or period. Financial reports are   historically factual and have predictive value to those who wish to   make financial decisions or investments in a company.  At my university, managerial accounting focused more on the details of how costs were managed in the company, the future of the business, etc. while the courses that were considered financial accounting were more from the point of view of a financial analyst or investor, like you said. The financial accountancy material covered analysis of financial statements and the associated investment decisions, among other things.  These areas overlapped in areas like the production of financial statements, since the company also needs to consider how analysts will interpret these statements, and dividend policy, corporate tax accounting, etc. The Wikipedia articles on managerial accounting and financial accounting may provide helpful information as well.  Disclaimer: I took an introductory accounting course in university and nothing more, so my knowledge of the course structures, even at my alma mater, is secondhand recollection at best. I'm sure there are more similarities and differences of which I'm unaware, and I would assume that forensic accountants, auditors, etc. dabble in both these areas and others.\""}
{"text": " You sounded like taking a shot at developers being little bitches and moving on minor inconveniences. Where as the execs are grown up, and pull through..  When reality that's not fair to say, the incentives are completely different. So it's expected."}
{"text": " Let's assume that the bonds have a par value of $1,000.  If conversion happens, then one bond would be converted into 500 shares.  The price in the market is unimportant.  Regardless of the share price in the market, the income per share would be increased by the absence of $70 in interest expense.  It would be decreased by the lost tax deduction.  It would be further diluted by the increase in 500 shares.  Likewise, the debt would be extinguished and the equity section increased.  Whether it increased or decreased on a per share basis would depend upon the average amount paid in per share in the currently existing structure, adjusted for changes in retained earnings since the initial offering and for any treasury shares. There would be a loss in value, generally, if it is trading far from $2.00 because it would be valued based on the market price.  Had the bond not converted, it would trade in the market as a pure bond if the stock price is far below the strike price and as an ordinary pure bond plus a premium if near enough to the strike price in a manner that depends upon the time remaining under the conversion privilege.   I cannot think of a general case where someone would want to convert below strike and indeed, barring a very strange tax, inheritance or legal situation (such as a weird divorce), I cannot think of a case where it would make sense.  It often does not make sense to convert far from maturity either as the option premium only vanishes well above $2.  The primary case for conversion would be where the after-tax dividend is greater than the after-tax interest payment."}
{"text": " Does that strike you as a fair solution? All the people that have made sacrifices and not spent every dime they have earned deserve to have it taken away? And I am sure they do have it 'somewhere' like low yield bonds or savings accounts..."}
{"text": " The answer is far more simple.   The purchasers of periphery debt have been banks in the periphery. Since these countries don't have a central bank, their private banks were swallowing the national debt since nobody else wanted to touch it.   When the market value of that debt plummets, the banks have massive holes they need to fill on their balance sheets to fulfill capital requirements and solvency. Therefore, the banks themselves need to be injected with liquidity.  Now you can see why its a reiterative problem."}
{"text": " You would be required to report it as self-employment income and pay tax accordingly.  It's up to you to keep proper records (like a receipt book, for example), especially when it comes to cash.  If you can't prove exactly how much you earned and the government decides to guess the amount for you then you won't like the outcome!"}
{"text": " (/u/what_comes_after_q &amp; /u/md___2020 - I thought you might appreciate this too).  While GE lost it's financial discipline in the 2000s, in the '90s and '80s GE was a supreme integrator of acquired businesses. [Here is a 1998 Harvard Business Review case study on GE.](https://hbr.org/1998/01/making-the-deal-real-how-ge-capital-integrates-acquisitions)  &gt; Lesson 1: Acquisition integration is not a discrete phase of a deal and does not begin when the documents are signed. Rather, it is a process that begins with due diligence and runs through the ongoing management of the new enterprise.  &gt; Lesson 2: Integration management is a full-time job and needs to be recognized as a distinct business function, just like operations, marketing, or finance.  &gt; Lesson 3: Decisions about management structure, key roles, reporting relationships, layoffs, restructuring, and other career-affecting aspects of the integration should be made, announced, and implemented as soon as possible after the deal is signed\u2014within days, if possible. Creeping changes, uncertainty, and anxiety that last for months are debilitating and immediately start to drain value from an acquisition.  &gt; Lesson 4: A successful integration melds not only the various technical aspects of the businesses but also the different cultures. The best way to do so is to get people working together quickly to solve business problems and accomplish results that could not have been achieved before."}
{"text": " &gt;What do you think of the argument that corporations shouldn't pay any tax, since investors pay tax on the dividends, and if the corporations paid too, that would be double taxation?  Nobody that's actually serious makes this argument (at least not the way that you wrote it).  Some people argue that corporate taxes should be eliminated and that capital gains and dividends should be taxed the same as ordinary income."}
{"text": " OK, VERY glad you get that idea!  The problem with the ETF is: it's the monkeys-throwing-darts method. If the average (dollar-weighted) member stock in the ETF goes up, you win, but if half of them go under, and half succeed, over some time periods you will lose (and win over others).  I guess my POV is: if you can't do serious research into the expected success of an individual company, maybe it's too risky to even try betting on the whole group. YMMV. The problem with your investment plan is: you are depending on luck, and the assumption the group will increase in value over your investment period. I prefer research over hope."}
{"text": " um, yes. the point of an audit is verification. you could have claimed to have bought fax machines and pocketed the money, and giving them a list claiming you had bought 5. without them physically inspecting, how would they know the difference?  its amazing your level of distrust for government yet trust of others"}
{"text": " I would like to bring up some slightly different points than the ones raised in the excellent answers from JoeTaxpayer and littleadv.  The estate can be the beneficiary of an IRA -- indeed, as has been pointed out, this is the default beneficiary if the owner does not specify a beneficiary -- but a testamentary trust cannot be the designated  beneficiary of an IRA. A testamentary trust that meets the requirements laid out on page 36 of Publication 590 is essentially a pass-through  entity that takes distributions from the IRA and passes them on to the beneficiaries.   For the case being considered here of minor beneficiaries, the distributions from the  IRA that pass through  the trust must be sent to the legal guardians (or other custodians) of the minors' UTMA accounts, and said guardians must invest these sums for the benefit of the minors and hand the monies over when the minors reach adulthood. Minors are not responsible for their support, and so these monies cannot be used by the legal guardian for oaying the minors' living expenses except as provided for in the UTMA regulations. When the minors become adults, they get all the accumulated value on their UTMA accounts, and can start taking  the RMDs personally after that, and blowing them on motorcycles if they wish.  Thus, the advantage of the testamentary trust is essentially that it lets the trustee of the trust to decide how much money (over and above the RMD) gets distributed each year.  The minors and soon-to-be young adults cannot take the entire IRA in a lump sum etc but must abide by the testamentary trustee's ideas of whether extra money (over and above the RMD) should be taken out  in any given year. How much discretion is allowed to the trustee is also something to be thought through carefully. But at least the RMD must be taken from the IRA and distributed to the minors' UTMA accounts (or to the persons as they reach adulthood) each year.  Regardless of whether the Traditional IRA goes to beneficiaries  directly or through a testamentary trust, its value (as of the date of death) is still included in the estate, and estate tax  might be due. However, beneficiaries can deduct the portion of estate tax paid by the estate from the income tax that they have to pay on the IRA withdrawals. Estate planning is very tricky business, and even lawyers very competent in estate and trust issues fall far short in their understanding of tax law, especially income tax law."}
{"text": " The recommended way to track TSP funds in online portfolio tools is to track the underlying index and know that the results are pretty close.   Not a perfect solution: :( Source including suggested ETFs: http://finance.yahoo.com/news/breaking-down-tsp-investment-funds-194600393.html Related, but not exactly what you are looking for, Personal Capital will track your TSP holdings: http://themilitarywallet.com/manage-thrift-savings-plan/"}
{"text": " A share of stock is a small fraction of the ownership of the company. If you expect the company to eventually be of interest to someone who wants to engineer a merger or takeover, it's worth whatever someone is willing to pay to help make that happen or keep it from happening. Which means it will almost always track the company's value to some degree, because the company itself will buy back shares when it can if they get too cheap, to protect itself from takeover. It may also start paying dividends at a later date. You may also value being able to vote on the company's actions. Including whether it should offer a dividend or reinvest that money in the company. Basically, you would want to own that share -- or not -- for the same reasons you would want to own a piece of that business. Because that's exactly what it is."}
{"text": " \"Both parties have the financial faucets on and neither wants to give up anything.  In the next few weeks and months we will hear the turn \"\"fiscal cliff\"\" a ton because there are many game changing risks out there right now.  Year to year fixes aren't the answer either becasue growth is hampered by uncertainty more then anything else.\""}
{"text": " There are multiple ETFs which inversely track the common indices, though many of these are leveraged.  For example, SDS tracks approximately -200% of the S&P 500.  (Note: due to how these are structured, they are only suitable for very short term investments) You can also consider using Put options for the various indices as well.  For example, you could buy a Put for the SPY out a year or so to give you some fairly cheap insurance (assuming it's a small part of your portfolio). One other option is to invest against the market volatility.  As the market makes sudden swings, the volatility goes up; this tends to be true more when it falls than when it rises.  One way of invesing in market volatility is to trade options against the VIX."}
{"text": " The answer is mathematics. Let's say you have $100 capital to invest with.. With a mortgage: With a unit trust (assuming you don't put in borrowed money): 5% growth on the property is $25, but a $25 profit on a unit trust requires 25% growth. Well, that's assuming zero interest and zero fees. Let's say interest is 3% but so are trust fees. A property now requires 8% growth for $25 profit in a year, where a unit trust now requires 29% growth for $25 profit. Which one is more likely? The above calculations don't take in to consideration all associated costs and is obviously exaggerated but it shows the answer is not black and white but is instead just mathematics on a bunch of variables. Debt isn't a bad thing so don't be afraid of using debt. With debt you can borrow more to invest. Having a fully paid off house is not a good investment if some of that equity could be earning you more else where (if the math makes sense)."}
{"text": " That is interesting too! I'm wondering all the different reasons these correlations could exist. Maybe a lot of men more feel pressured to make money than most women do. And then for the fitness thing, maybe women feel more pressured to look a certain way. The pressure coming from society in general, I mean. Just my guesses though."}
{"text": " I have a degree in Finance and thought I would enjoy a job in personal finance.   I was wrong.  If you enjoy people, speaking on the phone, and selling constantly then you'll love financial services. If you dont mind working many hours in a high paced, stressful job then investment banking may be your thing. If you are more of a numbers guy then you should concentrate on corporate finance, possibly get your CFA or some other such accreditation. If numbers are your thing you may also enjoy accounting or being an actuary.   If I were you, I would stick with engineering. But that's just me. Take my opinion with a grain of salt."}
{"text": " Many big companies self insure. They pay the insurance company to manage the claims, and to have access to their network of doctors, hospitals, specialists, and pharmacies; but cover the costs on a shared basis with the employees. Medium sized companies use one of the standard group policies. Small companies either have expensive policies because they are a small group, or they have to join with other small companies through an association to create a larger group. The bigger the group the less impact each individual person has on the group cost. The insurance companies reprice their policies each year based on the expected demographics of the groups, the negotiated rates with the network of providers, the required level of coverage, and the actual usage of the group from the previo year.. If the insurance company does a poor job of estimating the performance of the group, it hits their profits; which will cause them to raise their rates the next year which can impact the number of companies that use them. Some provisions of the new health care laws in the US govern portability of insurance regarding preexisting conditions, minimum coverage levels, and the elimination of many lifetime cap. Prior to these changes the switching of employers while very sick could have a devastating impact on the finances of the family. The lifetime cap could make it hard to cover the person if they had very expensive illnesses.  If the illness doesn't impact your ability to work, there is no need to discuss it during the interview process. It won't need to be discussed except while coordinating care during the transition. There is one big issue though. If the old company uses Aetna, and the new company doesn't then you might have to switch doctors, or hospitals; or go out-of-network at a potentially even bigger cost to you."}
{"text": " Lol, thanks for that.  All you are saying is that electric motors struggle at an arbitrary high speed.  All motors struggle at high speeds.  Just stating that electric motors aren't suited for speeds &gt; 100 MPH  isn't convincing.  I think it's more of a trade-off between transmission design and top speed / acceleration.  You can get an electric car with top speed of 125 mph and world-class acceleration.  This car would blow a Camaro away."}
{"text": " Who would be committing this fraud?  Satoshi Nakamoto?  Good luck finding him.    You can't punish people for speculatively investing just like they couldn't punish many people for the Great Depression since it was mostly the people who fucked themselves over.    Fraud implies an element of deceit.  This cannot reasonably be called a fraud--at best, it could be called a bubble."}
{"text": " \"In fact, it's quite the opposite. If someone is willing to sell some stock as low as $30/share, and someone else is willing to pay $31/share, one of those individuals is going to get a good deal - unless HFT acts as the middle-man and snags the extra dollar. In which case the individuals get the worst price they would accept and someone with fast collocated computers gets to skim some profits (while adding no value, the order could have happened without the so called \"\"liquidity\"\" that HFT claims to add).  It's not exactly that simple, but that's the basic effect. It's an unnecessary middleman that skims profits away from individuals on both sides.  I would like to see a return to \"\"investing\"\" back to the meaning of the word, instead of gambling on daily or short-term fluctuations. I wouldn't mind a long-term holding requirement (3 months?) for every purchase, and a daily exchange-calculated set price (calculated by actual orders placed) that everyone who buys/sells a particular stock on a given day pays.  Yes, my ideas would destroy an entire industry. I'm ok with that because it would encourage people to *really* invest in companies.\""}
{"text": " There's only one tape so far as I know. Some high-power Americans figure this woman should be booted. Eric Kraus works for Bloomberg and he indicts her too. Obviously you didn't click the Kraus introductory link.  Business, including American business, doesn't want these sanctions: bad for business."}
{"text": " You need to determine for the taxing jurisdiction when the next tax appraisal will be done. In some cases the appraisal is done every year, or two, or three. In other cases it is also done when the property is sold. The county tax office website should contain this information. They will also have information on how to appeal. Most jurisdictions do have a way of looking up not only the rates but the value of the property in question. You will also be interested in determining if the tax value of the property is lower due to local/state laws that limit the growth in value from one assessment to another. A sale of the property could trigger a catchup for the value. It is possible that the degraded value of the home has already been factored into the assessment. It is also possible that it hasn't. Keep in mind that taxes in some jurisdictions can be more complicated because there is also a town/city/county component, and some places that also breakout other items on the tax bill like storm water management, schools, pest spraying. These other items can be based on value, square footage of the lot, or a flat amount. You should get a local opinion on the likelihood of a successful appeal, and how much adjustment you would be able to get. Depending on the sale date and the due date for the taxes, you may be forced to pay the higher tax rate for a while until either the next re-appraisal or the next appeal window.  Note: the fact that it is being auctioned may mean that what you pay for the house may be immaterial because the tax authorities could determine that the motivation to sell quickly could have depressed the value. This type of sale will not impact the value of other houses and can't be used as a basis for determining the value of other properties."}
{"text": " I will never advocate for being high at work. We can both agree on that front, my main point is that it is stupid to care what people do on their off time.   I can respect many of your arguments, but I just want to be clear I think smoking and driving is bad. What I think is acceptable is getting high on your own time in the privacy of your own home. Therefore in my mind it should have 0 impact on insurance of any kind, and employers shouldn't care what you do on your own time.   You're entitled to your opinion, and it is very clear that it differs from mine. I would just hope that in the future you don't use a broad brush and attack everyone that smokes weed"}
{"text": " &gt; The problem that I have with testing for pot is that it shows up if you've consumed THC within the past month.  Not the piss test.  &gt; . I prefer pot to alcohol, do it on my own time, and I never ever ever show up high or even fuzzy from the night before.  You're an exception. Many pot smokers do it daily and think it doesn't impair them. you're responsible, they are not.  &gt; No everyone that smokes pot is a loser.  I agree, but most are if they are daily smokers"}
{"text": " No, sorry. A change of 401(k) administrator is not an out, otherwise many would flee a bad plan. I'd suggest you only deposit up to the match, but use an IRA if you'd like to save more. A plan with high fees can easily negate the tax benefits and then some."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-07-12/rooftop-solar-is-no-match-for-crony-capitalism) reduced by 93%. (I'm a bot) ***** &gt; It therefore makes economic sense to charge rooftop solar owners extra to maintain the electrical grid - without the grid, after all, a person using only rooftop solar wouldn&amp;#039;t have any electricity at night.  &gt; Measures to ban third-party ownership of rooftop solar are crony capitalism, plain and simple.  &gt; Eventually, solar power will be so cheap that it makes sense to install rooftop panels even without net metering, and utilities will start switching from power plants to solar farms.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6nhc7p/rooftop_solar_is_no_match_for_crony_capitalism/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~167580 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*: **solar**^#1 **utility**^#2 **power**^#3 **company**^#4 **rooftop**^#5\""}
{"text": " We use the PC financial credit card.  We switched to PC banking about 8 years ago and have been extremely happy with them.  You get points for using their banking services and if you use their credit card you earn points.  You can use the points earned for free groceries or purchasing anything at No Frills, Independant and Loblawas Superstores.  With the points we've earned over the years through just our regular banking, we've purchased a 6 piece patio set, patio swing, tons of free groceries and currently have $500 worth of points that we're using to purchase food and gifts for the Christmas season.  You can find out the particulars on their points program throught their webiste at www.pcfinancial.ca"}
{"text": " That depends where you put the top bracket, but probably there is little way to jack income tax to anywhere near that without serious detrimental effect to the economy. The real issue is not that the wealthiest earn too much but that they have too much. There is a huge glut of massive savings at the top that is continually growing and taking money from the economy. This savings drives the creation of public debt more than any other factor. It is that which needs to be, at least in the near term, taxed aggressively."}
{"text": " You mentioned depositing the check and then sending a personal check. Be sure to account for time, since any deposit over $10,000 the money will be made available in increments, so it may take 10-14 days to get the full amount in your account before you could send a personal check. I would not recommend this option regardless, but if you do, just a heads up."}
{"text": " I'm so tired of Google's shameless, evil shenanigans. Amazon, Facebook, and yes, even Microsoft try damn hard to create products people want.  What does Google do? Ride their one-horse pony (search), invade people's privacy, and shamelessly copy - and fail - everyone else's good ideas."}
{"text": " First Reddit comment! This may seem like a noob question, but why can't the government just borrow unlimited amount of money, to pay for welfare program instead of raising taxes? I would assume that would be the better thing to do, and just roll the debt forward. Thanks!"}
{"text": " What are you using the analysis for? If your analyzing your interest rate risk then you want to determine decay rates for your non-maturity deposits. Assuming your bank uses ALM software to produce your Earnings-at-Risk (EAR) and Economic Value of Equity (EVE) metrics, the decay rate assumptions make a big difference in those numbers. Most ALM models have default assumptions that may not be correct for your institution, and as a result are giving you EAR and EVE numbers that are not at all accurate.   Basically you want to have some analysis that proves how you are bucketing your NMDs (3,6,9, 12, 24 months?). Are your deposits sticky or are they affected by small changes in interest rates? You can look at historical numbers to determine how your deposits behave, but be sure to go back more than 3-4 years as deposit behavior has been pretty abnormal since 2008 with rates near zero. Similarly, you may want to try and identify 'surge' deposits that came into your bank due to the low rate environment and as soon as rates rise they will move into higher earning assets (stocks, bond, money markets)."}
{"text": " The Business Process Outsourcing firm benefits the companies by providing the round-the-clock customer support services. Apart from these benefits, the business solutions that will be offered to your customers are best in the industry. This is because the call center representatives hired by the outsourcing firms usually come with years of experience."}
{"text": " People to ask: Granted I live in a small town, but when the same guy's name comes up more than once that's who you should hire..."}
{"text": " Sure, they might. But they might just owe their overseas subsidiary so much that they never make money on paper in the US thus pay no tax at all. The funny thing is these tricks that make them not pay taxes here keep happening, if only congress would stop fellating the rich then you might be right."}
{"text": " First of all, it's pretty rare that would cash out your entire Traditional IRA at once when you retire. That would incur major taxes and negate much of the tax deductibility benefit. Instead, you'd want to take distributions of just what you want to live on, which are taxed at income rates, and let the rest continue to grow tax free until you need/want it. As to your main question, if you don't expect to be in a lower tax bracket in retirement, then yes, Roth makes sense. But this is a pretty major assumption. When you're working, your salary pushes you into higher tax brackets. Once you're retired, you don't have as many sources of income. It could be mostly distributions from retirement accounts, and even coming from a Traditional IRA a lot of that will be tax free or taxed at a low rate (e.g. 15%). If when it was earned it would have been taxed at a higher marginal rate (e.g. 25%), then the Traditional IRA was a better choice than the Roth. Traditional versus Roth, if both are options to you (with deductibility for the Traditional), all comes down to tax rate now versus what you expect your tax rate to be in retirement. There is no universal answer."}
{"text": " \"Your premise is false.  When you withdraw money from a Tax Free Savings Account (TFSA), there is no\u00a0tax\u00a0due.  Yes, you can read that again:  withdrawals from a TFSA are tax free.  They are labeled \"\"tax free\"\" for a good reason!  After-tax money is deposited, and then from that point forward, no tax, no tax, no tax.  :-) On a \"\"normal\"\", non-registered investment or savings account with no special treatment, your investment earnings will be taxed whenever gains are realized or income received (e.g. dividends or interest).  You will necessarily have less in a normal non-registered investment or savings account compared to a TFSA, as long as the rate of return was positive, i.e. growing. Perhaps you were thinking not of comparing a regular investment account to a TFSA, but rather to a Registered Retirement Savings Plan (RRSP)? In the case of an RRSP, there is an up-front tax deduction, then earnings grow tax-deferred, and then on withdrawal, income tax is paid at regular rates.  Even then, with RRSPs, if your marginal tax rate remains the same over time (not necessarily a reasonable assumption, but let's go with it) then you should still realize more after-tax income from your RRSP than from a normal non-registered investment or savings account.  (Though, there's likely an exception case when most income came as qualified dividends and the capital itself hasn't appreciated.)\""}
{"text": " \"Considering that I can't find anything on Chase's web site referencing a \"\"Money Market IRA\"\" I suspect that this is a type of account that they aren't actively supporting anymore, but aren't forcing you to cash it in.  I would call Chase to find out for sure, however. That said, a money market is not a good investment if you are looking for any kind of growth.  They are basically a savings account that pay (currently) a small amount of interest.  You can get much better return from other low-risk investments.  You can rebalance periodically if you want to keep a certain amount of \"\"cash\"\" available.\""}
{"text": " They have fought renewable clean energy since the 1970s. I'm 52.  I remember it. The very first thing Reagan did was take he solar panels off the White House that Jimmy Carter installed. We lost 20 years of development under Reagan and both Bushes."}
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{"text": " Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c -Babylonlaw - 19006681 D\u1ecbch v\u1ee5 Kh\u1eafc d\u1ea5u Babylon nh\u1eadn Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c v\u1edbi gi\u00e1 th\u00e0nh r\u1ebb nh\u1ea5t. D\u1ecbch v\u1ee5 Kh\u1eafc d\u1ea5u Babylon \u0111\u1ea3m b\u1ea3o Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c nhanh ch\u00f3ng, r\u00f5 n\u00e9t, \u0111\u00fang ki\u1ec3u d\u00e1ng v\u00e0 m\u1eabu m\u00e3 theo y\u00eau c\u1ea7u c\u1ee7a kh\u00e1ch h\u00e0ng. Kh\u00e1ch h\u00e0ng c\u00f3 th\u1ec3 \u0111\u1eb7t Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c t\u1ea1i Babylon b\u1ea5t c\u1ee9 khi n\u00e0o kh\u00e1ch h\u00e0ng c\u1ea7n, ch\u00fang t\u00f4i s\u1eb5n s\u00e0ng ph\u1ee5c v\u1ee5 24/24h t\u1ea5t c\u1ea3 c\u00e1c ng\u00e0y trong tu\u1ea7n.  V\u1edbi \u0111\u1ed9i ng\u0169 nh\u00e2n vi\u00ean n\u0103ng \u0111\u1ed9ng, nhi\u1ec7t t\u00ecnh, c\u00f3 k\u1ef9 thu\u1eadt cao v\u00e0 gi\u00e0u kinh nghi\u1ec7m, d\u1ecbch v\u1ee5 Kh\u1eafc d\u1ea5u Babylon \u0111\u1ea3m b\u1ea3o \u0111em \u0111\u1ebfn cho kh\u00e1ch h\u00e0ng nh\u1eefng s\u1ea3n ph\u1ea9m c\u00f3 ch\u1ea5t l\u01b0\u1ee3ng, gi\u1ea3i ph\u00e1p t\u1ed1i \u01b0u v\u00e0 d\u1ecbch v\u1ee5 ho\u00e0n h\u1ea3o nh\u1ea5t. \u0110\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 h\u1ec7 th\u1ed1ng m\u00e1y m\u00f3c, trang thi\u1ebft b\u1ecb hi\u1ec7n \u0111\u1ea1i (Kh\u1eafc d\u1ea5u b\u1eb1ng ph\u01b0\u01a1ng ph\u00e1p c\u00f4ng nghi\u1ec7p, s\u1eed d\u1ee5ng k\u1ef9 th\u1eadt Laser) Kh\u1eafc d\u1ea5u Babylon nh\u1eadn Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c ch\u00ecm ho\u1eb7c d\u1ea5u n\u1ed5i v\u1edbi c\u00f4ng ngh\u1ec7 hi\u1ec7n \u0111\u1ea1i nh\u1ea5t. Ngo\u00e0i ra ch\u00fang t\u00f4i c\u00f2n cung c\u1ea5p c\u00e1c lo\u1ea1i d\u1ea5u c\u1ee7a c\u00e1c h\u00e3ng d\u1ea5u n\u1ed5i ti\u1ebfng nh\u01b0: Shiny, Trodat, Colop,...Hi\u1ec7n ch\u00fang t\u00f4i nh\u1eadn l\u00e0m c\u00e1c m\u1eabu d\u1ea5u nh\u01b0: - D\u1ea5u h\u1ed9p l\u1eadt t\u1ef1 \u0111\u1ed9ng (M\u1eb7t d\u1ea5u kh\u1eafc b\u1eb1ng tia laser, s\u1eafc n\u00e9t, \u0111\u1ed9 b\u1ec1n cao) - D\u1ea5u c\u00e1n (Ch\u1ea5m m\u1ef1c tampon). - D\u1ea5u ki\u1ec3m d\u1ecbch, d\u1ea5u b\u1ea5m ch\u00ec, d\u1ea5u l\u0103n g\u1ea1ch, d\u1ea5u \u0111\u00f3ng g\u1ed1m. - D\u1ea5u \u0111\u00f3ng date, \u0111\u00f3ng s\u1ed1 (t\u1ef1 \u0111\u1ed9ng, \u0111i\u1ec1u ch\u1ec9nh b\u1eb1ng tay). - D\u1ea5u th\u1ef1c hi\u1ec7n theo m\u1eabu kh\u00e1ch h\u00e0ng,... Kh\u1eafc d\u1ea5u Babylon lu\u00f4n \u0111\u1eb7t l\u1ee3i \u00edch c\u1ee7a kh\u00e1ch h\u00e0ng l\u00ean h\u00e0ng \u0111\u1ea7u v\u00e0 l\u00e0m h\u00e0i l\u00f2ng m\u1ecdi kh\u00e1ch h\u00e0ng d\u00f9 l\u00e0 kh\u00f3 t\u00ednh nh\u1ea5t, ch\u00fang t\u00f4i \u0111\u1ea3m b\u1ea3o mang \u0111\u1ebfn cho kh\u00e1ch h\u00e0ng c\u00e1c s\u1ea3n ph\u1ea9m d\u1ea5u li\u1ec1n m\u1ef1c ch\u1ea5t l\u01b0\u1ee3ng cao v\u1edbi gi\u00e1 th\u00e0nh r\u1ebb nh\u1ea5t. Kh\u00e1ch h\u00e0ng Kh\u1eafc d\u1ea5u li\u1ec1n m\u1ef1c t\u1ea1i Babylon s\u1ebd \u0111\u01b0\u1ee3c \u0111\u1ea3m b\u1ea3o m\u1ed9t s\u1ed1 l\u1ee3i \u00edch t\u1eeb d\u1ecbch v\u1ee5 nh\u01b0: - T\u01b0 v\u1ea5n nh\u1eefng gi\u1ea3i ph\u00e1p h\u1ee3p l\u00fd, t\u1ed1i \u01b0u, ph\u00f9 h\u1ee3p nhu c\u1ea7u Kh\u00e1ch h\u00e0ng; - T\u01b0 v\u1ea5n d\u1ecbch v\u1ee5 th\u00e0nh l\u1eadp doanh nghi\u1ec7p mi\u1ec5n ph\u00ed - Giao h\u00e0ng t\u1eadn n\u01a1i trong th\u1eddi gian nhanh nh\u1ea5t (Giao h\u00e0ng tr\u00ean ph\u1ea1m vi to\u00e0n qu\u1ed1c); - Giao h\u00e0ng ch\u00ednh h\u00e3ng, ch\u1ea5t l\u01b0\u1ee3ng \u0111\u1ea3m b\u1ea3o; - Qu\u00fd kh\u00e1ch \u0111\u1eb7t h\u00e0ng v\u1edbi s\u1ed1 l\u01b0\u1ee3ng l\u1edbn s\u1ebd \u0111\u01b0\u1ee3c gi\u1ea3m gi\u00e1.  H\u00e3y li\u00ean h\u1ec7 v\u1edbi Babylon \u0111\u1ec3 \u0111\u01b0\u1ee3c t\u01b0 v\u1ea5n mi\u1ec5n ph\u00ed v\u00e0 \u0111\u01b0\u1ee3c cung c\u1ea5p c\u00e1c d\u1ecbch v\u1ee5 Kh\u1eafc d\u1ea5u t\u1ed1t nh\u1ea5t! H\u00e0 N\u1ed9i City: P.G03, T\u00f2a nh\u00e0 133 Th\u00e1i H\u00e0, \u0110\u1ed1ng \u0110a, H\u00e0 N\u1ed9i Tel: 043.5381159 - 043.5381160 Hotline: 1900 6655 - Fax: 043.5381170 H\u1ed3 Ch\u00ed Minh City: P. 802 - s\u1ed1 180-182 L\u00fd Ch\u00ednh Th\u1eafng - P9.Q3 Tel: 0839.315.382 - Hotline: 1900 6655 Mobile: 093.601.1786 H\u1ea3i Ph\u00f2ng City: S\u1ed1 5 Nguy\u1ec5n B\u00ecnh - \u0110\u1ed5ng Qu\u1ed1c B\u00ecnh - Ng\u00f4 Quy\u1ec1n Tel: 031.3261.886 - Hotline: 1900 6655"}
{"text": " \"I had to apply for an American Express card, which was also rejected.   Then I had searched for a Marbles Credit Card Stop applying for credit cards/loans. Doing so is just making your credit rating worse. Credit agencies will downgrade your credit rating if they see lots of signs of credit checking. It's a sign you're desperately looking for credit, which you are...! 44.9% APR This is very expensive credit. You can get personal loans on the high street for 3-4%. 44.9% is really bad value. You're simply going to make the situation worse. Am I taking off a loan from website as amingos loans to help me build   up my credit rating Again this is 44% interest! You also need a guarantor. So you're not only going to get yourself in trouble but a family member too: don't do this! This will only help your credit rating if you pay it back successfully, which given your situation seems like a risk. Contact the Money Advice Service or the National Debt Line. Explain your situation in detail to them. They are a government-backed service designed for people in your situation. They will offer practical advice and can even help negotiate with your creditors, etc. Here's some general advice about getting out of debt from Money Saving Expert Traditional debt help says 'never borrow your way out of a debt   problem'. But this ignores the varying cost of different debts. The MoneySaving approach is: \"\"Never borrow more to get out of a   debt problem.\"\"\""}
{"text": " India and the United States have a tax treaty, so if you pay tax in the United States, YOU DO NOT HAVE TO PAY TAX IN INDIA OR VICE VERSA. Your father in law can wire the money back to your US bank account  if you provide him with your routing number and swift code. He might be charged a little fee depending on the amount he is sending(It is usually Rs.1000/-), but once the money comes back it is absolutely tax free. If it is a lot of money, you might get an inquiry, but assuming you have already payed taxes on it, it should reflect on your W2, so you do not have to pay any further taxes. Cheers!"}
{"text": " \"AI and robotics are going to destroy millions of jobs.  That's not necessary a bad thing. The human species should not want to spend eternity in agonizing menial labor over something as make-believe as \"\"money\"\".  If the cards are played right, eliminating menial jobs will be a good thing. It would mean easier and more luxurious lives for most people. Folks who are currently doing jobs which will be replaced such as commercial truck drivers, can learn new trades and/or be transitioned to different roles in their industry, preferably without starting over from nothing.  but it's going to happen, and it would be irresponsible to give menial laborers the impression that their jobs will still exist somehow.\""}
{"text": " Here's a nice middle ground: give everyone who falls under DACA full citizenship ~~and is~~ *provided they are* employed*, are in school,* or ~~is~~ *are* actively seeking employment, and then repeal DACA.  Edited for clarity."}
{"text": " What do most people say that disappoints you?  I think I would say that I wanted to keep myself prepared and up to date while job searching and that my goal is to eventually become a charter holder.  Do you know if regional banks employ many analysts that are charter holders?"}
{"text": " I think I see why we have a divide in this country.  Given that we're growing at the same rate as at the end of the Obama presidency, you don't think Hillary would've delivered the same results (or Bernie, Ted, Marco, Evan, or whoever)?  6 months is really too short a time to see the effect of economic policies."}
{"text": " \"Assuming you file state tax returns, you shouldn't buy Basic. Ever. Your choice is probably between the \"\"Premier\"\" version and the \"\"Business and Home\"\" version. Price difference is insignificant (I have a comparison on my blog, including short descriptions as to who might find each version useful the most). The prices have gone down significantly, since when I wrote the article, its cheaper now.\""}
{"text": " Does your current firm have a United States office or affiliate? That's the easiest route asking for a transfer or reassignment.   Super competitive for more senior positions with a direct transfer but you can have a shot a junior positions that you can then advance since you have some experience."}
{"text": " When paying off multiple debts there is a protocol that many support. Payoff your debts according to the snowball method. The snowball method proposes that you make minimum payments on all debts except the smallest one. Payoff the smallest debt as quickly as possible. As smaller debts are paid off, that makes one less minimum payment you need to make, leaving you with more money to put against the next smallest debt. So in your case, pay off the smaller debt completely, then follow up on the larger one by making regular payments at least equal to the sum of your two current minimum payments. You'll see immediate progress in tackling your debt and have one less minimum to worry about, which can serve as a little safety of it's own if you have a bad month. As to saving the thousand dollars, that is pragmatic and prudent. It's not financially useful (you won't make any money in a savings account), but having cash on hand for emergencies and various other reasons is an important security for modern living.  As suggested in another answer, you can forgo saving this thousand and put it against debt now, because you will have a freed up credit card. Credit can certainly give you that same security. This is an alternative option, but not all emergencies will take a credit card. You typically can't make rent with your credit card, for example. Good luck paying your debts and I hope you can soon enjoy the freedom of a debt free life."}
{"text": " You have a standard deduction of $12,600 (Married filing joint, MFJ) plus $8000 in exemptions. A total of $20,600 off the top. In other words, just under $10,000 taxable unless you have other income you haven't disclosed. For MFJ, you are at the 10% bracket up to $18,450 in taxable income.  I would withdraw just enough to 'top off' the 10% bracket each year, whether or not you send it to pay down the card. You don't disclose the rate, but if you are able take a low interest loan to get to a sub 5% interest rate, I'd do that."}
{"text": " why can't I just use the same trick with my own shares to make money on the way    down? Because if you sell shares out of your own portfolio, by definition, you are not selling short at all. If you sell something you own (and deliver it) - then there is no short involved. A short is defined as a net negative position - i.e. you sell shares you do not have. Selling shares you own is selling shares you own - no short involved. You must borrow the shares for a short because in the stock market, you must DELIVER. You can not deliver shares you do not own. The stock market does not work on promises - the person who bought the shares expects ownership of them with all rights that gives them. So you borrow them to deliver them, then return them when you buy them back."}
{"text": " \"It seems like the argument is based in the idea that if you are going to be working 1 or even 2 minimum wage jobs while having trouble feeding/clothing/housing yourself, and ultimately have to leave the city because of that, how is that functionally different than not working? I live in San Francisco and there is a massive problem here with staffing in the service industry because restaurant employees can't afford to live within commuting distance of work.  I do think that the \"\"something's gotta break\"\" line of logic is tough because we're talking about people's lives, but I understand the futility of working more than full time to not be able to afford a livelihood as well.\""}
{"text": " It depends on your bank and your mortgage contract details if they are willing to handle it that way, but you are correct in your assumption that you should be able to save the interest for the twenty days, which accumulates to significant savings. A rough estimate for the overall saving is 20 years x 3% x 20/30 of the days = (one time) 40% of your monthly payment."}
{"text": " Searching for to sell ipad? You can sell your ipad on sellmyfone.com very easily and very fast as well also at good price. The main mission is to transform the way people sell their old ipad by sell online. You can sell your ipad with the least amount of efforts."}
{"text": " Do you have other things you might want to spend that cash on in the near future? (Like a down-payment on a house?) Beyond having emergency cash, the only reason to keep a pile of cash around is because you might need it for another purchase. Unless you are going to have other expenses that will require higher-interest loans to cover them, there's no need to sit on a big pile of cash. As long as you are getting the full match on your 401(k), that's the free money that might be worth more than the interest you are paying on the loans. In any case, I suggest you aim for at least 10% into your 401(k) account moving forward in your life so that you can properly fund retirement. 15% would be even better. It doesn't sound like you would be losing anything by paying the student loans, and you could then use the money freed from your loan payments to pay down your car faster."}
{"text": " This manner of shopping is maximum likely by the human beings within the present state of affairs. There is not any line to await buy and you should buy a product with a minute. You can get the pleasant online Shop buying enjoy in an excellent manner with none hassle. It is better place to store many stuff that immediately available for any time. You can purchase the goods at cheap deals and fee which to be had best in on-line purchasing web sites. There isn't any intermediary involved inside the on line purchasing and you can get the products immediately from the manufacturer."}
{"text": " \"Typically mutual funds will report an annualized return. It's probably an average of 8% per year from the date of inception of the fund. That at least gives some basis of comparison if you're looking at funds of different ages (they will also often report annualized 1-, 3-, 5-, and 10- year returns, which are probably better basis of comparison since they will have experience the same market booms and busts...).  So yes, generally that 8% gets compounded yearly, on average. At that rate, you'd get your investment doubled in roughly 9 years... on average... Of course, \"\"past performance can't guarantee future results\"\" and all that, and variation is often significant with returns that high. Might be 15% one year, -2% the next, etc., hence my emphasis on specifying \"\"on average\"\". EDIT: Based on the Fund given in the comments: So in your fund, the times less than a year (1 Mo, 3 Mo, 6 Mo, 1 Yr) is the actual relative change that of fund in that time period. Anything greater is averaged using CAGR approach. For example. The most recent 3 year period (probably ending end of last month) had a 6.19% averaged return. 2014, 2015, and 2016 had individual returns of 8.05%, 2.47%, and 9.27%. Thus that total return over that three year period was 1.0805*1.0247*1.0927=1.21 = 21% return over three years. This is the same total growth that would be achieved if each year saw consistent 6.5% growth (1.065^3 = 1.21).  Not exactly the 6.19%, but remember we're looking at a slightly different time window. But it's pretty close and hopefully helps clarify how the calculation is done.\""}
{"text": " Supplier of Ramming mass in India http://quartzpowdermanufacturers.com/supplier-of-ramming-mass-in-india.php Shri Vinayak Industries-Silica Ramming mass has vast usage in various Industries like Steel industry, Chemical industry and Copper refineries. Quality of Acidic Ramming mass is directly related to the heating performance of the furnaces. Silica ramming mass plays an important role in induction furnaces in steel plants during melting of steel. Acidic Ramming Mass is generally used in the lining of induction furnaces."}
{"text": " You tagged with S-Corp, so I assume that you have that tax status.  Under that situation, you don't get taxed on distributions regardless of what you call them.  You get taxed on the portion of the net income that is attributable to you through the Schedule K that the S-Corp should distribute to you when the S-Corp files its tax return.  You get taxed on that income whether or not it's distributed. If you also work for the small business, then you need to pay yourself a reasonable wage.  The amount that you distribute can be one factor in determining reasonableness.  That doesn't seem to be what you asked, but it is something to consider."}
{"text": " In the United States there are 3 main types of cards. There are organizations that push a credit card with their branding. They aren't a bank so they partner with a bank to offer the card. In the US many colleges and professional sports teams will market a credit card with the team or universities colors and logo. The bank handles the details and the team/university gets a flat fee or a portion of the fees. Many even have annual fees. They market to people who want to show their favorite team colors on their credit card, and are willing to pay extra. Some of these branded cards do come with extra perks: Free shipping, discounts on tickets, being able to buy tickets earlier.  There are 4 other types of cards that have limited usage: What makes it confusing is that large business can actually turn a portion of the corporation into a bank. Walmart has been doing this, and so have casinos."}
{"text": " Best way for advertising your business. Wrapping \u0443\u043eur car \u0456\u0455 \u0430n effective w\u0430\u0443 \u043ef making th\u0435 m\u043e\u0455t \u043eut \u043ef \u0443\u043eur advertising dollars. Y\u043eur advertising message \u0441\u0430n b\u0435 displayed \u0456n \u0430 colorful \u0430nd m\u043e\u0455t entertaining way. Y\u043eur advertising \u0441\u0430n b\u0435 \u0455\u0435\u0435n b\u0443 tens \u043ef thousands \u043ef people \u0430ll year round."}
{"text": " TL;DR.: Because eventually the CC issuer will pass the fraud bill to the customer, in the form of increased fees and/or taxes. Even with no liability in the case of fraud, the customer should put effort into security measures with their card. The expense from fraud may be the sole burden of the credit issuer / bank as per Ben Miller's answer, but this expense will someday find its way into the customer's pockets: Disclosure, i work at a bank. A banks' best ability probably is risk management. The ones that were bad at this probably went under in the last four decades. With regulations such as SOx, Basilea, and others, it is impossible for a bank to neglect risk management. Every expense, including operational losses, a bank incurs will reflect in increased fees / interest rates for the customers. So in the case of a sharp raise of credit card fraud, the banks will soon take measures to reduce these losses. That may mean canceling the cards of high-risk groups of customers, increasing fees or interest. A particular customer that is often the target of fraud (way more than the average for that customer's demographic) will probably see his card not renewed or even cancelled, or his limits decreased and/or rates/fees going up."}
{"text": " Check out this Relevant Article.  Here's the first paragraph that answers your question: The opening and closing of bank (deposit) accounts doesn't affect your credit score. Your credit score is based on your lending relationships and public records, such as bankruptcy filings or court judgments recorded against you. The rest of the article goes into more detail."}
{"text": " Good idea. That is enough money to never work again, if a life is well planned. A person does not need more than that, to have a happy and lengthy life, doing what they love.  I retired at 47 with less than this."}
{"text": " You can play with the numbers all you like (and that's good), however, here is a different way to look at it.  The debt you have is risk. It limits your choices and eats your cash flow. Without the debt, you can invest at a much greater rate. It frees up you cash flow for all the things you might want to do, or decide in the future you might want to do. Right now is the easiest time for you to focus on debt repayment. It sounds like you are not married and have no children. It is much easier now to cut back your lifestyle and concentrate on paying off this $50k of student debt. This will get harder as your responsibility increases. Build up a small amount of cash for emergencies and put the rest at the debt. You can keep contributing to your 401k to the match if you want. This will give you 2 benefits: Patience. When you actually DO start investing, you will have a new appreciation for the money you are using. If you sacrifice to pay off $50k now, you wont look at money the same for the rest of your life.  Drive. If you see the debt as a barrier to achieving your goals, you will work harder to get out of debt.  These are all things I would tell my 23 year-old self if i could go back in time.  Good luck!"}
{"text": " I'm not sure software produced by firms in the (all encryption is bad) UK, or (Patriot Act overrides everything) US would be any more secure for me as a user though to be honest.  It is surprising a US intelligence person would use any security software from a Russian firm though, that's true."}
{"text": " That is mostly true, in most situations when there are more buy orders than sell orders (higher buy volume orders than sell volume orders), the price will generally move upwards and vice versa, when there are more sell orders than buy orders (higher sell volume orders than buy volume orders), the price will generally move downwards. Note that this does not always happen, but usually it does. You are also correct that for a trade to take place a buyer has to be matched with a seller (or the buy volume matched with the sell volume). But not all orders get executed as trades. Say there are 50 buy orders in the order book with a total volume of 100,000 shares and the highest buy order is currently at $10.00. On the other side there are only 10 sell orders in the order book with total volume of 10,000 shares and the lowest sell order is currently $10.05. At the moment there won't be a trade unless a new buyer or seller enters the market to match the opposing side, or an existing order gets amended upper or lower to match the opposing side. With more demand than supply in the order books what will be the most likely direction that this stock moves in? Most likely the price will move upwards. If a new buyer sees the price moving higher and then looks at the market depth, they would most likely place an order closer to the lowest sell order than the current highest buy order, say $10.01, to be first in line in case a market sell order is placed on the market. As new buy orders enter the market it drives the price higher and higher until the buy orders dry up."}
{"text": " \"**David F. Swensen**  David F. Swensen (born 1954) is an American investor, endowment fund manager, and philanthropist. He has been the chief investment officer at Yale University since 1985.  Swensen is responsible for managing and investing Yale's endowment assets and investment funds, which total $25.4 billion as of September 2016. He invented The Yale Model with Dean Takahashi, an application of the modern portfolio theory commonly known in the investing world as the \"\"Endowment Model.\"\" His investing philosophy has been dubbed the \"\"Swensen Approach\"\" and is unique in that it stresses allocation of capital in Treasury inflation protection securities, government bonds, real estate funds, emerging market stocks, domestic stocks, and developing world international equities.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/finance/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24\""}
{"text": " The one whose order gets to the exchange first. The exchange receives the orders and arranges them in First-In-First-Out order, by which they're then executed. At some point it is synchronized and put into a list. Whoever gets to that point first - gets the deal."}
{"text": " Not really my field but this is how I see the impact   Disadvantages for banks : not being able to chose where they park assets/cash they have been trusted with which mean lower income from investing those  disadvantage for banks shareholders : less earnings   disadvantage for the economy : harder criteria to lend, lower loan growth   advantage for the economy : (theoretically) less risks of liquidity crunch and financial crisis"}
{"text": " NAFTA affected U.S. workers in four principal ways. First, it caused the loss of some 700,000 jobs as production moved to Mexico. Most of these losses came in California, Texas, Michigan, and other states where manufacturing is concentrated. To be sure, there were some job gains along the border in service and retail sectors resulting from increased trucking activity, but these gains are small in relation to the loses, and are in lower paying occupations. The vast majority of workers who lost jobs from NAFTA suffered a permanent loss of income.  Second, NAFTA strengthened the ability of U.S. employers to force workers to accept lower wages and benefits. As soon as NAFTA became law, corporate managers began telling their workers that their companies intended to move to Mexico unless the workers lowered the cost of their labor. In the midst of collective bargaining negotiations with unions, some companies would even start loading machinery into trucks that they said were bound for Mexico. The same threats were used to fight union organizing efforts. The message was: \u201cIf you vote in a union, we will move south of the border.\u201d With NAFTA, corporations also could more easily blackmail local governments into giving them tax reductions and other subsidies.  Third, the destructive effect of NAFTA on the Mexican agricultural and small business sectors dislocated several million Mexican workers and their families, and was a major cause in the dramatic increase in undocumented workers flowing into the U.S. labor market. This put further downward pressure on U.S. wages, especially in the already lower paying market for less skilled labor.  Fourth, and ultimately most important, NAFTA was the template for rules of the emerging global economy, in which the benefits would flow to capital and the costs to labor. The U.S. governing class\u2014in alliance with the financial elites of its trading partners\u2014applied NAFTA\u2019s principles to the World Trade Organization, to the policies of the World Bank and IMF, and to the deal under which employers of China\u2019s huge supply of low-wage workers were allowed access to U.S. markets in exchange for allowing American multinational corporations the right to invest there.  Please thank Bill Clinton."}
{"text": " Thank you, I was thinking the same way. A lot of women who are in a relationship and with children want to contribute financially, feel like they are accomplishing something and be successful (in the career sense) but still have their main role as house/child care. These schemes prey and focus on this and how easy it is to do from home/in your own time. It is something that a lot of people wish were true and get sucked in by."}
{"text": " glass steall is one.  getting rid of glass stegall meant commercial banks could create iou money irresponsibly through loaning and sell the loan to wall street speculators.  This drives up assets to bubble prices.  Inflation for all."}
{"text": " 1) Document that you held the bitcoins for more than one year. This should not be particularly difficult. Since you haven't moved the bitcoins, you hold the key to an address that has held them for more than one year. While this isn't absolute proof, it should be sufficient. 2) Since you can't document how you bought them easily, you can just assume a tax basis of zero. This will mean you will pay microscopically more in taxes, but don't worry about it. 3) Sign up with an exchange that can handle your sales. Coinbase will work if you want to sell it slowly. Gemini will work if you want to sell more quickly. 4) Get a decent, secure bitcoin wallet. Transfer the bitcoins to the exchange only as you're selling them. Make you first sale fairly small just in case something goes wrong. 5) Keep meticulous notes about each sale -- the date of the sale, the number of bitcoins you sold, and the number of dollars you got. 6) Make sure to keep enough money for taxes. In Michigan, 24.3% would be the highest possible tax rate you might have to pay if you sold a lot or had high income otherwise. 7) Either get a professional to file your taxes for you or learn how to correctly report long-term capital gains. You must report each individual sale. You may get audited or investigated, but there's nothing to find. The bitcoins have been in stasis for a long time, and it's completely plausible that you bought them and held them. If you can find any proof you bought them (such as a transfer to an exchange) that would be great, but it's not essential. Many people have this same story and unless you're connected to something illegal, you probably don't have anything to worry about. Congratulations! So thats my question, what steps do I need to take to declare this money and obtain it without getting arrested / investigated? There's nothing special you need to do other than keep very good documentation. When you file your taxes, you will need to declare each sale. (This answer assumes that you didn't have a lot of income last year and significantly less income this year. If that's the case, you may have to pay estimated taxes to avoid a penalty. But that penalty is very small and will be calculated by the IRS for you automatically. So I wouldn't worry about it.) You may wish to read up on gift taxes to understand how they work. You won't owe any, but you may need to file paperwork with the IRS if you give large gifts (over $14,000) to people and you will use up some of your lifetime exemption. Keep records of any gifts you give."}
{"text": " Fulfillment Services San Jose - We strive for accuracy, quality and quick turnaround time on all mail projects. With the ever changing Postal regulations, California Mailing is here to help you with your direct mail campaigns and insure that you receive all postage discounts available."}
{"text": " I'd imagine that an 'emotionless' environment (maybe not the best word to describe it) will mean that people with autism (substitute this with any other attribute such as looks, gender, nationality, skin color, etc.) are less hindered in advancing, thus one should expect that more of them would congregate in in an environment that is welcoming to their natural bias.   I don't have any opinion on the subject, rather I have lots of questions."}
{"text": " While you can print that on the check, it isn't considered legally binding. If you are concerned about a check not being deposited in a timely manner, consider purchasing a cashier's check instead. This doesn't solve the problem per se, but it transfers responsibility of tracking that check from you to the bank."}
{"text": " As others have pointed out, post-tax dollars are what you'll use.  Just as a quick note, as you'll be using post-tax dollars; in the past, I've refused to take contractor plans because they almost always are inferior to what I've been able to get off the private exchange ehealthinsurance.  A few people have written excellent articles on Get Rich Slowly here and here about them in detail if you want more information. Generally, contractors (and sometimes employees) are offered a few plans (3-4), and this health exchange gives you a little more freedom to pick your plan, which in your situation may help.  It isn't always cheaper, but depending on your needs, you may obtain a better deal. Forgot to add this: this option has also made switching jobs easy as well since I don't have to pay COBRA.  While it depends on the situation, this can sometimes come out significantly cheaper.  For instance, if I were to take the employer health plan next year, I would lose ~$450 a month, whereas the private exchange option is ~$300.  But, if I were to switch jobs, decide to opt for self-employment, or a layoff, the COBRA would be even higher than ~$450."}
{"text": " I see a false assumption that you are making.  (Almost always) When you buy stock the cash you spend does not go to the company. Instead it goes to someone else who is selling their shares.  The exception to this is when you buy shares in an IPO.  Those of us who have saved all our lives for retirement want income producing investments once we retire. (Hopefully) We have saved up quite a bit of money. To have us purchase their stock companies have to offer us dividends."}
{"text": " \"The short answer is: banks are less concerned about the interest earned on any single mortgage than they are for the interest earned over time from a collection of mortgages. Let's look at a repayment schedule for a 30-year mortgage at 4% for $100,000. (source: http://web5.vlending.com/loancenter-calculators-amort.aspx. Any mortgage calculator should produce a similar schedule, however.) A few things to note: The interest due in the last 6 years is less than the interest due in the first year alone. Banks are getting a disproportionate amount of the expected interest up front. Banks can make multiple loans; the money collected from existing borrowers can be aggregated to make new loans before the old ones are paid off, and those new loans start, of course, at the interest-heavy end of the repayment schedule. Suppose the bank lends out $1,000,000 to 10 borrowers. In the first two years, they will collect a total of $114588.90 from the 10 borrowers in principal and interest. That's enough to make an additional loan to an 11th borrower while keeping $14,588.90 as \"\"profit\"\". The new borrower is making payments at the year-one rate. A bank may lose a little interest on a single loan that gets repaid early, but that is generally made up by the fact that a new loan can be issued that much sooner as a result.\""}
{"text": " Pretty soon southerners proud of their heritage will need to be a protected class.  They didn't choose to be southern.   Their parents inculcated pride in their heritage while they were young.  They didn't choose that either.  They can't help but leak a tear when Dixie plays.  Its just how it is."}
{"text": " \"You can greatly reduce the risk if you can line up a buyer prior to purchasing the car.  That kind of thing is common in business, one example is drop shipping.  Also there are sales companies that specialize in these kinds of things bringing manufacturers of goods together with customers.  The sales companies never take delivery of the product, just a commission on the sales.   From this the manufacturers are served as they have gained a customer for their goods.  The buying company is served as they can make a \"\"better\"\" end product.  The two parties may have not been brought together had it not been for the sales company so on some level both are happy to pay for the service. Can you find market inequalities and profit from them?  Sure.  I missed a great opportunity recently.  I purchased a name brand shirt from a discount store for $20.  Those shirts typically sell on ebay for $80.  I should have cleaned out that store's inventory, and I bet someone else did as by the time I went back they were gone.   That kind of thing was almost risk-less because if the shirts did not sell, I could simply return them for the full purchase price.  That and I can afford to buy a few hundred dollars worth of shirts. Can you afford to float 45K CDN?  What if it takes a year to sell the car?  What if the economy goes sour and you are left \"\"holding the bag\"\"?  Why are not car dealers doing exactly what you propose? Here in the US this type of thing is called \"\"horse trading\"\" and is very common.  I've both lost and made money on these kind of deals.  I would never put a significant amount of my net worth at risk.\""}
{"text": " \"SO has observed a lot of irresponsible spending from a parent, which has scarred SO for life OK, so we've got fear... SO is not very financially savvy and has very little idea about how much we earn  ...and ignorance.   You are entirely correct to worry about the conversation. Fear plus ignorance equals disastrous conversations. I manage our finances. Apparently your SO wishes to have input on the management of your finances without understanding them. It strikes me that this serves neither of you well. I would note that it is exceedingly difficult to rationally argue someone out of a position that they arrived at through irrational fear and ignorance. So I wouldn't start by having a conversation about charitable giving at all. Rather, I would start by addressing the ignorance, because that's the easy one.  how high up we are in terms of being in the top y% of households by income Income is irrelevant to the fearful; income can vanish with debts remaining. If your SO is not earning much of that income then SO's future financial security is dependent on the whims of another, which has already turned out badly once for SO.  Focusing on raw income is the wrong way to go; focusing on an abstraction like percentile is even more irrelevant. The figures to focus on are not income and percentile, but rather net worth and change in net worth over time.  Income $300K, expenses $350K eventually leads to poverty if you lack net worth, even if you are in the 1% of income earners. Open up with \"\"how much do you think we earn?\"\" Playing rhetorical games with ignorant people seems both risky and perhaps unethical to me, and it seems unlikely to engender trust. I would approach this situation by first removing the ignorance, rather than attempting to take advantage of it for rhetorical purposes.  I would also institute a policy that ignorant people don't get a say. If SO wants to abrogate financial responsibility to you, then SO should accept your decisions without question. If SO wants to have a say in your joint financial life then SO has a responsibility to make recommendations based on both facts and feelings, not just feelings. So, how to remove this ignorance? This will take some doing, but not much. Go through your records and account for: From that you can compute your net worth. Then go back a few years and account for: From this you can show the effect of your past prudent decisions on your net worth. There should be no percentages. There should be no math more complicated than adding and subtracting, and it should be very clear what adds and substracts to what.  People who are financially savvy are extremely intimidated by jargon. If some of your increase in net worth came from a realized capital gain less taxes do not say \"\"realized capital gain less taxes\"\" on your summary document. There should be no \"\"depreciation\"\" or \"\"cost basis\"\" or anything even vaguely like that. Even \"\"assets\"\" and \"\"liabilities\"\" are too jargonish. \"\"Possessions\"\" and \"\"debts\"\" are more easily understood. I'm thinking something like: My SO is financially savvy and still I do this about twice a year; it's helpful for both of us to have a quick summary of what's coming in, what's going out, and what we've got. Once the ignorance is gone, then start working on the fear. It sounds like the fear comes from a betrayal of trust, so it's not just enough to be trustworthy, you've got to consistently appear trustworthy. A great way to do that is to keep doing what I already suggested: on a regular, ongoing basis inform SO of how you are doing financially. When SO sees that net worth is consistently improving over time, that you are not one bad decision away from poverty, the fear should diminish. Expect this to take a long time.\""}
{"text": " In theory you can buy shares directly from someone else who owns them. In practise, if the stock is listed on an exchange, they are unlikely to own them directly, they are likely to own them through an intermediary. You will have to pay fees to that intermediary to transfer the shares to your name. There are thousands of small companies owned by the guy who started it and a few other investors. You can buy stock in that kind of company directly from the existing owners, as long as they are willing to sell you some. It's a super-high risk investment strategy, though. This is the kind of deal that happens on Dragons Den."}
{"text": " \"It's not my industry so I may be wrong, but I don't believe there are any transactions or companies that would provide a worthwhile comparable, hence my problem with the valuation attempt. For the same reasons you wouldn't use a P/E multiple or DDM model on a startup, you don't just pick tangential comparables and slap a value on it. If you're seriously advising companies, that shit will land you in court defending your valuation.  It's not a \"\"floor\"\" just because you know it's inaccurate.. it's irrelevant. Quite frankly, I don't think they released any value, let alone $1bn.  It's merely a PR move, with the hope that Tesla's technology will become the standard for all EVs.  At best, major companies decide to use some of their patents \"\"in good faith\"\" and leverage the infrastructure that Tesla has already put in place.   At worst, Tesla still did not give away $1bn in value. How much have they made off of licensing their patents? How much have others offered for their patents? How many companies are infringing, and how many lawsuits have they won from going after them? If you can't put a hard figure on any of those, or a solid rationale on how the patents are the only reason they'll be able to gain market share, then I don't see how we can conclude on $1bn given away.\""}
{"text": " \"During market hours, there are a lot of dealers offering to buy and sell all exchange traded stocks. Dealers don't actually care about the company's fundamentals and they set their prices purely based on order flow. If more people start to buy than sell, the dealer notices his inventory going down and starts upping the price (both his bid and ask). There are also traders who may not be \"\"dealers\"\", but are willing to sell if the price goes high enough or buy if the price goes low enough. This keeps the prices humming along smoothly. During normal trading hours, if you buy something and turn around and sell it two minutes later, you'll probably be losing a couple cents per share. Outside normal market hours, the dealers who continue to have a bid and ask listed know that they don't have access to good price information --  there isn't a liquid market of continuous buying and selling for the dealer to set prices he considers safe. So what does he do? He widens the spread. He doesn't know what the market will open tomorrow at and doesn't know if he'll be able to react quickly to news. So instead of bidding $34.48 and offering at $34.52, he'll move that out to $33 and $36. The dealer still makes money sometimes off this because maybe some trader realized that he has options expiring tomorrow, or a short position that he's going to get a margin call on, or some kind of event that pretty much forces him to trade. Or maybe he's just panicking and overreacting to some news. So why not trade after hours? Because there's no liquidity, and trading when there's no liquidity costs you a lot.\""}
{"text": " \"All investors have ultimately the same investment goal: maximize returns while limiting risk to an acceptable level. Of course we would love to maximize returns while minimizing risk, but in most cases if you want higher returns you must be willing to accept higher levels of risk. We must keep in mind that investors are humans, not computers. As such not everybody is willing to accept the same level of risk. Insurance is simply a way to \"\"buy down\"\" risk. Yes, it reduces our overall gains (most of the time), but so do bonds vs stocks (most of the time). And yet who among us doesn't have bonds in our portfolio? Insurance is yet another way to balance risk and return.\""}
{"text": " I would not advise you to go entirely broke in order to clear debts. You could use the cash you have to invest, or render some other services other students need in school while you raise cash from doing so."}
{"text": " My level of analysis is not quite that advanced. Can you share what that would show and why that particular measure is the one to use?  I've run regression on prices between the two. VIX prices have no correlation to the s&amp;p500 prices. Shouldn't true volatility result in the prices (more people putting options on the VIX during the bad times and driving that price up) correlate to the selloff that occurs within the S&amp;P500 during recessions and other events that would cause significant or minor volatility? My r2 showed no significance within a measurement of regression within Excel.  But, *gasp* I could be wrong, but would love to learn more about better ways of measurement :)"}
{"text": " Why do they need sky scrapers? And if for some reason they do, why can't they just be in Rosslyn? Tysons? Reston? The DC pitches in the city itselfinclude blocks of mid rise space that would do just fine. Plenty of areas in the DC area if they feel the educated workforce is worth the higher cost of living."}
{"text": " Cute conspiratorial story.  A cabal of evil grocery store owners set up a sprawling and risky supply chain overseas so they can pay more for their products for the express purpose of paying their employees market wages for their labor?  Grocery store workers are not underpaid.  If they were, they could walk across the street and make more money at a competitor.  So if the profit margins are fat on the supplier side, somehow competition would come in there either?  You can't have it both ways.  The vast majority of food products sold in grocery stores in North America are grown, manufactured and sold right here in North America.  There's no way to explain it away - the grocery store market is viciously competitive and profit margins are slim."}
{"text": " \"&gt;Hence we need agencies like Elizabeth Warren's CPFB that audits and checks the govt.  But Warren's position is that more government is better government. Where's the advocate for \"\"back the fuck up, get out of the way, leave me alone\"\"? There isn't one!   &gt;you cannot expect exchanges to self regulate so the min. HFT hold time of 5 secs imposed by exchange will likely not happen by the exchange on its own volition  And yet Underwriter's Laboratories does a *great* job with consumer electronics safety *without* governmental regulatory power. Are you aware of this?\""}
{"text": " Teachers make great money, get even better benefits, and work a part time job.  In Dallas, they start at over 50k, get a benefits package including early retirement that is impossible to get in the private sector, and only work 180 days a year."}
{"text": " Some smart but sketchy people are getting rich with this.  &gt;The email informs readers about AllSafe, a digital token without a working website, a Twitter account that's been dormant since June, and the same name as a fake company in the show Mr. Robot.  Ok, maybe not that smart."}
{"text": " Nah, in your example the problem wasn't that Microsoft was charging too much for Internet Explorer, it's that they were giving it away for free which made them the target of antitrust cases by people who were in the business of selling web browsers."}
{"text": " Do you have an adviser/mentor for your thesis? I'd recommend talking to them about your goals and see if they have any insight. They might have a better idea of your credentials/capabilities etc. They will also likely be one of the ones to write a letter of rec, so it would be good to get them on board early.  If you're still at the same institution (or area) from your undergrad, then you could probably talk to any of the finance profs you liked as well. They could be helpful as well and would know more about your background.  Since you are doing a thesis anyways, I'd recommend trying to get it published. This would be something you would want to hopefully get your mentor involved with. The Association of Business Schools (ABS) journal rankings can give you an idea of where you might want to try to publish. I'd think anything at an ABS 2 (3 would be fantastic, a 4 as a masters student is really unlikely but would open almost any door) would really help your application. Although the timing is unlikely to work out (assuming you are working on the thesis and also applying to phd school this year) because the publication process takes a long time, being able to mention in your application that you were targeting a journal (or being able to provide an update that you received a 'revise and resubmit') might really help with your application. Also, if you end up waiting a year for phd school, you'd also have more time to get your thesis published.   I'd think the math/stat background should be pretty solid, even if you don't have all the calc.   A ton of your placement post phd will be determined by your phd school, so if possible, shoot high and try attend the best program you are accepted into. Rankings could give you a good idea of program strength. You can also look at the faculty members' cv. Seeing lots of ABS 4 or 4* articles in their research is a good sign that it would be a strong program.  I hope this helps. I'm not 100% what you mean by 'flagship' state school. If you are thinking top 20 (maybe Ohio State or comparable) then my advice may not apply as much, but if you are thinking in terms of a solid, reputable state school, then I think this might apply"}
{"text": " For the purpose of personal finance, treating $500 as Interest Expense is sufficient.  For business accounting, it involves making the $500 a contra-liability and amortizing it as interest expense over the course of life of the loan."}
{"text": " * They have to accept some responsibility for submitting the order multiple times.  * If the price had gone up, would UBS be offering to return the shares they didn't mean to purchase?  * It hasn't cost them anything yet.  Not unless they sell the shares before the prices goes back up (which it likely will eventually)."}
{"text": " \"You need to do a bit more research and as @littleadv often wisely advises, consult a professional, in this case a tax layer or CPA. You are not allowed to just pull money out of a property and write off the interest.  From Deducting Mortgage Interest FAQs If you own rental property and borrow against it to buy a home, the   interest does not qualify as mortgage interest because the loan is not   secured by the home itself. Interest paid on that loan can't be   deducted as a rental expense either, because the funds were not used   for the rental property. The interest expense is actually considered   personal interest, which is no longer deductible. This is not exactly your situation of course, but it illustrates the restriction that will apply to you.  Elsewhere in the article, it references how, if used for a business, the interest deduction still will not apply to the rental, but to the business via schedule C.  In your case, it's worse, you can never deduct interest used to fund a tax free bond, or to invest in such a tax favored product.  Putting the facts aside, I often use the line \"\"don't let the tax tail wag the investing dog.\"\" Borrowing in order to reduce taxes is rarely a wise move. If you look at the interest on the 90K vs 290K, you'll see you are paying, in effect, 5.12% on the extra 200K, due the higher rate on the entire sum. Elsewhere on this board, there are members who would say that given the choice to invest or pay off a 4% mortgage, paying it off is guaranteed, and the wiser thing to do. I think there's a fine line and might not be so quick to pay that loan off, an after-tax 3% cost of borrowing is barely higher than inflation. But to borrow at over 5% to invest in an annuity product whose terms you didn't disclose, does seem right to me. Borrow to invest in the next property? That's another story.\""}
{"text": " \"This is analyst speak for \"\"the stock isn't going anywhere anytime soon\"\". Remember these guys are offering advice to the entire universe in a few lines, so the advice gets fortune cookie-like. When I look at these things, I care more about when the analyst changes their opinion more than what the opinion is. If you really trust this person, you should listen to the earnings call for the stock (or read the transcript) and listen for the questions asked by the analyst. Usually you'll be able to understand why the analyst feels the way he does.\""}
{"text": " Everyone knows that employee safety training is very essential nowadays, many company-owners taking the responsibility for people to provide such training. You will need to provide an effective employee safety training service to people in order to increase the yearly profit. Among all health &amp; safety courses one such course is NEBOSH National General Certificate Online course."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.yahoo.com/news/venezuela-govt-backers-attack-lawmakers-congress-165635225.html) reduced by 79%. (I'm a bot) ***** &gt; The government supporters reached as far as the corridors of the congressional building, striking and injuring at least three lawmakers.  &gt; El Aissami made an address in which he called on supporters of Maduro to come to the legislature to show support for him.  &gt; A crowd of Maduro supporters held a rally outside the building for several hours before breaking into the grounds.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6lfnyt/venezuela_government_backers_attack_lawmakers_in/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~159951 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*: **support**^#1 **Maduro**^#2 **building**^#3 **Lawmaker**^#4 **three**^#5\""}
{"text": " The way I handle clothing purchases, is I save a little bit with each paycheck but don't commit to spending each month.  I wait until I find the exact item I need or know I will need in the near future.  I have a list of things to look for so I don't get off track and blow my budget.  And each time I consider hitting Starbucks or buying a random something at Target, I think which is a better investment - a great pair of pants that will work for me for a decade, or a latte? Thank you for linking to me.  Your question is one many people have.  I feel that clothing should be purchased slowly, with care.  If you do it this you will buy items that don't need to be replaced every two years, and will maintain style and quality longer. :)"}
{"text": " Why can't you have both? If you do have both credit and an emergency fund, and an emergency occurs, you can draw from the line of credit first. Having debt + cash is a much more stable situation than having neither, because then you have the option to use the cash to pay off the debt, or use the cash to pay other expenses. If you just have cash, when you spend it it's gone and there's no guarantee anyone is going to lend you any money at that point."}
{"text": " John - sure, your points are well taken. $500K in cash is preferable to $500K invested in a way I wouldn't choose at the moment.  A friendly warning - inheritances often come in the form of an IRA account. This comes with its own issues, and an IRA shouldn't be confused with the assets it contains. Selling the assets inside is fine, you can reinvest in what you wish, but selling and pulling the money out can result in an horrific tax bill. I was recently interviewed on the radio (and available as a Podcast) discussing Inherited IRA Tax Tips, and it's worth educating yourself as the topic is quite convoluted.  (And thanks, John, for a question that permitted me to sneak this in. I owe you a beverage)"}
{"text": " You can use Google Finance Stock Screener for screening US stocks. Apparently it doesn't have the specific criterion (Last Price % diff from 52 week low) you are (were!) looking for.  I believe using its api you can get it, although it won't exactly be a very direct solution."}
{"text": " A standard mortgage lead generation strategy even so, is usually to purchase meticulously picked out lists of probable customers via mortgage lead generation companies, tailored in lead generation. The lead technique could cost substantially when compared with advertising, nonetheless in the lead structure, your service must be zeroed in on for preferred customers so, and who could possibly be engaged to obtain your product or service. Thus likewise supplies mortgage lead generation job opportunities, generating a beneficial win-win answer for all."}
{"text": " For a true financial advisor 'track record' consists of more than just returns.  Is this person helping their client make the right investment choices, savings choices, tax efficient choices, EXPENSE choices?  Is the advisor keeping me honest with myself, helping me make my goals realistic, my investment options realistic, etc.?  Is the advisor helping me stay disciplined?  For example, if an advisor has a good track record in the market, but has the investments in the wrong types of accounts and is losing too much to taxes, he/she is a bad advisor.  If the advisor is not considering the time horizon of the investor, he/she is a bad advisor.  If the advisor is not helping the client understand their true risk tolerance, he/she is a bad advisor.  All of this regardless of their track record.  Edit: You also seem to be talking about wealth managers.  I am talking about financial managers.  I believe very few wealth managers are actually worth their costs (and most are just blow horn prognosticators) whereas financial advisors are financial educators to clients."}
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{"text": " To me this is a simple cost/benefit analysis... I'm guessing you will spend a whole lot more time and effort trying to fight the collection agency than the $55 is worth. In this case I would just go ahead, pay it and be done with it. Had the amount been higher, this would change. But that's me; you should do your own analysis based on your circumstances (including how much it's worth to you to be right) and let that inform your decision."}
{"text": " Ok, the point you're missing is that installed base is irrelevant.  Yes, there's much more total installed natgas than solar/wind, but that's not important for calculating the impact on coal retirements.  To displace coal, you need to install something new.  That new generation means coal needs to be less profitable or get turned off.  So the real question is how much solar/wind have been installed in the last 5 years compared to natgas.  These new installations replace coal that used to be burning.  Again, early in the thread you stated that solar/wind had very little effect.  That's not true, they have a very significant effect.  Natgas deserves significant credit, but certainly not all of it."}
{"text": " As an individual, I am not aware of any insurance you can buy that will cover legal costs for any event that may occur (whether criminal or civil)... I imagine this is because the risk is too difficult to measure and the moral hazard too great. I do notice you mention rental property/small business needs.  If your concern is truly for costs relating to some legal issue that arises out of your professional operations, then  Professional liability insurance may be what you are looking for (oftentimes referred to as errors and omissions, or E&O for short).  This insurance is specific to whatever business you engage in, however will typically protect you against legal claims (including defense costs) as a result of your business operations.  Note however that what is actually covered will be specific to your policy. As duffbeer703 mentioned, the purpose of insurance is for covering specific losses, i.e., protecting you from legal claims that may arise during the course of business.  If you are looking for a solution that will, e.g., provide you a standard set of legal documents (maybe a lease agreement) then you are not in fact looking for insurance, but instead legal services at a fixed rate. Why would an insurance company pay for services both you and it already know you need?"}
{"text": " https://www.socialyup.com/buy-facebook-reactions : Yes, buying Facebook reactions is very beneficial for your business. It is the easy and quickest way to express your feeling. More reactions on your post will help to viral your post in all over the world. You can purchase these reactions from any trustworthy firm."}
{"text": " \"Do both. The Roth should be started ASAP so you can start on the 5 year maturity period. Even if you already have the Roth started, it doubles as an emergency fund, so putting money into it couldn't hurt. Student loan interest is tax deductible, so your \"\"real\"\" interest is probably around 4.7%. However, this is still a good reason to pay them off soon.\""}
{"text": " Maybe if the employers gave their employees a living wage, health benefits, educational opportunities, retirement opportunities, etc. the employees wouldn't be so jaded about their jobs.  Their attitudes stem in large part from the fact that they make so little money for the work they do that is valuable to the company."}
{"text": " \"Thanks! I'll make sure I remember to vote for the one who got the most big money as \"\"the people's\"\" candidate, next time.  8 years of \"\"muh legacy\"\" ... gone ... all because [the election is over](https://youtu.be/MPsbV-IvLDU). I guess, it kinda sucks with the shoe on the other foot.\""}
{"text": " \"This is the best tl;dr I could make, [original](https://aeon.co/essays/how-work-changed-to-make-us-all-passionate-quitters) reduced by 96%. (I'm a bot) ***** &gt; In doing so for work, they developed a metaphor - that every person should think of herself as a business, the CEO of Me, Inc. The metaphor took off, and has had profound implications for how workplaces are run, how people understand their jobs, and how they plan careers, which increasingly revolve around quitting.  &gt; In the US especially, there is a strong cultural consensus that people should feel passion for their work, and work hard.  &gt; She would tell an executive she was trying to recruit that if they no longer felt any passion for their work, then they were harming all their colleagues at work, who now had to work with someone who no longer enjoyed work to its utmost.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6qge9i/good_jobs_used_to_be_ones_with_a_good_salary/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~179016 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*: **work**^#1 **job**^#2 **company**^#3 **market**^#4 **quit**^#5\""}
{"text": " \"Yes, but that's not what I'm getting at.  Your story made sense up to the \"\"enterprising person\"\" part.  The notes represented obligations secured by apples (or rights to future apples).  Regardless of the secondary note trading, at the end of the day, one could approach issuer of the note, the apple farmer, and redeem (or attempt to redeem) the note for the underlying apples.  The enterprising person's notes are different.  The holder of the new notes cannot approach the priest and demand anything.  The story doesn't explain this critical transition, which is probably the most important part.  You suggest the problem in your response above when you say \"\"it's just no longer pegged specifically to one grower's apples.\"\"  The new notes aren't \"\"pegged\"\" to anything.  That's a huge but unexplained shift, a shift I called a \"\"gap in the internal logic of this story.\"\"  [Edit: In other words, with the apple notes, there was an option.  One could trade the apple notes with others or get apples.  With the new notes, there is no option.  You must trade the notes.  There is no underlying good or service to redeem.]\""}
{"text": " \"Well the only 2 times I've been scammed were Chinese.  A smartphone scam on swappa and these smart LED bulbs on Indiegogo.  I'll never trust a store front once one of their sellers can get away with that.  With Swappa, items are publicly visible before they're verified and with Indiegogo they say you're investing in an \"\"idea.\"\"  When the merchant says there is a tangible product and that it will be shipped, it's not an idea.  There is no reason for them to produce anything because the cost is so low to take legal action and there's at least 3 other parties involved in the sell.\""}
{"text": " &gt; You may be willing to pay much more, but not everyone is willing.  Taxi services in Europe are more expensive than Uber, but they are still in business. Yet, Uber wins on all other fronts (no cash exchange, quick pick up, reliable and friendly drivers, etc...).  Although, there has been some protectionism in some countries, obliging uber drivers to be taxi certified (uber Black). I'm just surprised that a taxi company has not developed a similar app, there are a lot of quick car rental services these days (3 of which I know of)."}
{"text": " If you can use and pay off your credit card in full every month, there are plenty of benefits including improved credit, reward points and more. Many fall into the trap of just making the minimum payments and facing high interest charges or missing payments and getting a hit on their credit reports.  To start off, put something small that you know you can pay off every month. It could be your Netflix or your gas. Make sure you pay it off before any interest is accrued. Over time, you can ask for higher limits to boost your utilization rate."}
{"text": " \"&gt;I also got more interviews in the 3 months since I started studying for the CFA and listing that on resume then in the 6 months before hand  Sounds like you need to get your interview skills up to par then. Once you get the interview it's all on you to show them that you're quick on your feet and a somewhat enjoyable person to be around. I used to be awful in interviews but now I just waltz in there with a \"\"I dont need these guys, they need me\"\" mindset. I also cross my legs and lean back, etc.. Anything to make me relax and not come off as a robot spouting financial statement jargon\""}
{"text": " Inflation is theft!  It is caused when banks lend money that someone deposited, but still has claim to - called fractional reserve banking.   On top of that, the Federal Reserve Bank (in the US) or the Central Bank of the currency (i.e. Bank of Japan, European Central Bank, etc.) can increase the monetary base by writing checks out of thin air to purchase debt, such as US Treasury Bonds. Inflation is not a natural phenomenon, it is completely man-made, and is caused solely by the two methods above. Inflation causes the business cycle.  Lower interest rates caused by inflation cause long-term investment, even while savings is actually low and consumption is high.  This causes prices to rise rapidly (the boom), and eventually, when the realization is made that the savings is not there to consume the products of the investment, you get the bust. I would encourage you to read or listen to The Case Against the Fed by Murray N. Rothbard - Great book, free online or via iTunes."}
{"text": " Randomly selected stocks would probably become worthless at a similar rate of all businesses going out of business do.  I'm not sure why you'd randomly select a stock though.  Stocks in the S&P500 (or other similar index), or large-cap stocks probably become worthless at a much lower rate."}
{"text": " US has huge debt to China...what did we think they would use all that money for? Walk into any GoodWill in the US and the crap they have in stock(mostly made in China) is enough to buy about 1000 acres of US soil...every day."}
{"text": " I believe you are talking about Public Provident Fund and National Savings Certificate schemes in India. PPF -> Deposit money -> If you want to take a loan after 3 years, you can take out 25% of the balance in your PPF account. NSC -> Money locked for 6 years and can only be encashed after 3 years, you cancel your deposit and encash all your money. Money is safe in both cases, because they are secured by the Indian government. But interest(8.75% at present for both in 2014-15 financial year) is compunded anually for PPF, but half yearly for NSC. So you get a higher interest rate in case of NSC. So if you can lock in your money, without any need for withdrawls, choose a NSC for higher returns. Tax rebate wise, both are same."}
{"text": " I wasn't talking about cs I was talking about finance. Don't apply your own lens to my comment and then tell me that you think its wrong. And besides that I'm calling bullshit on the prereqs. Every major has pre reqs you just have to plan your schedule. Obviously it varies from school to school and if you go somewhere where there is an important pre req that's only taught once every year or two, yeah you have to plan for that shit or you get fucked. But I refuse to believe that any class has a chain of four pre reqs in front of it, such that you could not complete the chain in two years, or four semesters. And that's not even counting summer semesters, a great time to make sure you're pre reqs are covered if need be."}
{"text": " CitiBank offers a chip card.  It's not a chip and pin, but a chip and sign, however it worked well for my all transations.  Just call and ask for a 'world credit card' with a chip. https://creditcards.citi.com/credit-cards/citi-thankyou-premier-card/"}
{"text": " I don't think so in your case. Unless the account generates so much interest income that it became reportable (I don't know the exact limit, but I think it's in the hundreds if not thousands of dollars, you might get a 1099 form if it generates over $10 of interest income, but you don't have to file taxes if your overall income is too low anyways). The US does not typically tax assets, only income. There are some states (Florida is the only one I can think of) that has odd tax treatment of intangible assets, but I doubt that would apply in your case. If this were a large enough amount, usually over $10,000, it might trigger some reporting requirements (possibly by your home country)."}
{"text": " If you use a credit union, I look for the co-op network credit union ATMs.   Wide network of fee-free ATMs: http://co-opcreditunions.org/locator/?ref=co-opatm.org&sc=1 You'll have to check with your bank or credit union to see what networks they belong to and if it isn't satisfactory to you, find a new bank or credit union."}
{"text": " Your gut feeling is absolutely spot on - you shouldn't be worrying about pension now, not at the age of 25. Assuming that you're not a footballer in the middle of the most productive part of your career and already have a fat wad of crunchy banknotes under your pillow that you're looking to set aside for a rainy day when you won't be able to play at your prime any longer. That doesn't mean you shouldn't invest, nor that means that you mustn't save. There are several factors at play here.  First of all as a young person you are likely to have a high tolerance for risk, there is still plenty of time to recover should expected returns not materialise. Even a pension fund with the most aggressive risk / return strategy might just not quite do it for you. You could invest into education instead, improve health, obtain a profitable skill, create social capital by building connections, pay for experience, buy a house, start a family or even a business. Next, as a young professional you're unlikely to have reached your full earning potential yet and due to the law of diminishing marginal utility a hundred pounds per month now have greater utility (i.e. positive impact on your lifestyle) than a seven hundred pounds will in 7-10 years time once your earnings plateaued. That is to say it's easier to save \u00a3700 month from \u00a33000 and maintain a reasonable level of personal comfort than carve \u00a3100 from \u00a31300 monthly income. And last, but not the least, lets face it from a human point of view - forty years is a very long investment horizon and many things might and will change. One of the downsides of UK pensions is that you have very little control over the money until you reach a certain age. Tactically I suggest saving up to build a cushion consisting of cash or near cash assets; the size of the stash should be such that it is enough to cover all of your expenses from a minimum of 2 months to a maximum of a year. The exact size will depend on your personal comfort level, whatever social net you have (parents, wife, partner) and how hard it will be to find a new source of income should the current cease to produce cash. On a strategic level you can start looking into investing any surplus cash into the foundation of what will bring joy and happiness into the next 40 years of your life. Your or your partners training and education is one of the most sensible choices whilst you're young. Starting a family is another one. Both might help you reach you full earning potential much quicker. Finding what you love to do and learning how to do it really well - cash can accelerate this process bringing you quicker there you want to be. If you were a start-up business in front of a huge uncaptured market would you rather use cash to pay dividends or finance growth?"}
{"text": " \"Check your broker's IPO list. Adding a new stock to a stock exchange is called \"\"Initial Public Offering\"\" (IPO), and most brokers have a list of upcoming IPO's in which their clients can participate.\""}
{"text": " $500 for just 32gigs. Little saddened by that. So want one though! Food or Nexus 10...food or Nexus 10...Maybe I'll get lucky and find one someone 'lost' at a bar ;) That's the 'hip' way to give away tech these days!"}
{"text": " Where are you planning on buying this ETF?  I'm guessing it's directly through Vanguard?  If so, that's likely your first reason - the majority of brokerage accounts charge a commission per trade for ETFs (and equities) but not for mutual funds.   Another reason is that people who work in the financial industry (brokerages, mutual fund companies, etc) have to request permission for every trade before placing an order.  This applies to equities and ETFs but does not apply to mutual funds.  It's common for a request to be denied (if the brokerage has inside information due to other business lines they'll block trading, if a mutual fund company is trading the same security they'll block trading, etc) without an explanation.  This can happen for months.  For these folks it's typically easier to use mutual funds. So, if someone can open an account with Vanguard and doesn't work in the financial industry then I agree with your premise.  The Vanguard Admiral shares have a much lower expense, typically very close to their ETFs. Source:  worked for a brokerage and mutual fund company"}
{"text": " Find all kind of compute repair in Beverly Hills at High-Tech Systems. We repair all brands of desktops, workstations, and even servers at our service center.Our 23-years of experience has made us able to face all kind of desktop problems.We provide component level service only fixing the defective part without replacing the entire part which saves time and money."}
{"text": " I am looking at size by revenue.  Looking at market capitalization gives a much different list.  I don't think market cap is a good metric for this discussion.  According to market cap Telsa is the largest automotive company in the US, but that is because it is expected to do well in the future by the investment community.  According to market cap what is reddit worth?"}
{"text": " Double check with your broker, but if a series isn't open yet for trading, you can't trade it. If there is a series trading without open interest (rare), simply work your open, as options are created at trade. If you have enough money, do this https://money.stackexchange.com/questions/21839/list-of-cflex-2-0-brokers"}
{"text": " From tax perspective, any income you earn for services performed while you're in the US is US-sourced. The location of the person paying you is of no consequence. From immigration law perspective, you cannot work for anyone other than your employer as listed on your I-20. So freelancing would be in violation of your visa, again - location of the customer is of no consequence."}
{"text": " The severity of wealth inequality- more so than its existence- is what I'm getting at when I talk about the Fed. The cantillon effect is a theory that essentially states that the first recipients of stimulus are far better off than those 2 or 3 degrees of separation later.  So if you look at Fed policies, where monetary stimulus is directed only towards the financial system and credit markets, certain parties will benefit disproportionately first before others later. In this case, that would be those employed by the industry (bankers, investors, etc), institutions in that industry (banks, hedge funds, pension/mutual funds), and owners of securities (the wealthy). Spillover effects impact the stock market, real estate, art, etc. and they are not a result of fundamentals, but rather of mis-allocated capital.  What I'm getting at is we don't need central planners (i.e. the Fed) to make decisions regarding the market for money - interest rates - or pursue dubious financial experiments at best to somehow fix problems that they themselves caused in the past (through extended low interest rate environments). Central banking could take a very serious hit if cryptocurrencies become mainstream- which I do not expect for a long time- but it's the best emergent challenger to the existing paradigm."}
{"text": " If you buy a gold brick and put it in a pillow, after one year you still have one gold brick. People may value it more than before or less then before, but it's still the one gold brick you had. If you buy a cow and put it on a pasture, after one year you have a fatter cow and plenty of milk. You now have more of the cow and milk you didn't have before. Now that's an investment."}
{"text": " \"If you're looking for an analogy or exercise, I saw a personal finance show that had people climb stairs, with the debt as weight. Every flight of stairs more \"\"interest\"\" and loans to cover income gaps have to be added to the total debt they carry up the stairs. Can't find the video online though. But I think you need to ask your brother what he thinks his problem is, that will be solved with more loans. It's likely that your brother's problem can't be solved with advice. Since he's not spending rationally, rational arguments have no sway. I suspect he'll tell you his problem is one or two angry creditors, perhaps even ones you don't know about, rather than a fundamental imbalance between income and expenses. Robbing Peter to pay Paul, or moving weights from one backpack compartment to another, doesn't solve the underlying problems. Whatever you do, another loan from you should be off the table. He's an adult now, with problems the size of which you can't help with. We both know how his story ends: all creditors cut him off, and he's in court over garnished wages and creditors fighting over his assets. Reality is the only argument that will have any sway. He's far too personally invested in his scheme to admit defeat, which is why neither words not images nor moving pictures will help him with this learning disability.\""}
{"text": " Investopedia, Khan academy, Udemy, and corsea are good places to start. You tube has some good videos too. I imagine if you are looking to impress in a job interview you mostly want to know the concepts. Finance is all about future cash flow. Understand the important ratios and how they effect cash flow. Ronald Sweet has a good video on YouTube that sums up finance."}
{"text": " So basically, if you have a large savings account and are not investing... (because banks are actually a very poor way to get returns on capital), they will invest it for you...   The take home I'm getting is... invest your money, and leave it out of the banks."}
{"text": " \"Sales tactics for permanent insurance policies can get pretty sleazy. Sending home a flier from school is a way for an insurance salesperson to get his/her message out to 800 families without any effort at all, and very little advertising cost (just a ream of paper and some toner). The biggest catchphrases used are the \"\"just pennies per day\"\" and \"\"in case they get (some devastating medical condition) and become uninsurable.\"\" Sure, both are technically true, but are definitely used to trigger the grown ups' insecurities. Having said that (and having been in the financial business for a time, which included selling insurance policies), there is a place for insurance of children. A small amount can be used to offset the loss of income for the parents who may have to take extended time away from work to deal with the event of the loss of their child, and to deal with the costs of funeral and burial. Let's face it, the percentage of families who have a sufficiently large emergency fund is extremely small compared to the overall population. Personally, I have added a child rider to my own (term) insurance policies that covers any/all of my children. It does add some cost to my premiums, but it's a small cost on top of something that is already justifiably in place for myself. One other thing to be aware of: if you're in a group policy (any life insurance where you're automatically accepted without any underwriting process, like through a benefit at work, or some other club or association), the healthy members are subsidizing the unhealthy ones. If you're on the healthy side, you might consider foregoing that policy in favor of getting your own policy through an insurance company of your choice. If you're healthy, it will always be cheaper than the group coverage.\""}
{"text": " This answer will assume you know more math than most. An ideal case: For the point of argument, first consider the following admittedly incorrect assumptions: 1)  The prices of all assets in your investment universe are continuously differentiable functions of time. 2)  Investor R (for rebalance) continuously buys and sells in order to maintain a constant proportion of each of several investments in his portfolio. 3)  Investor P (for passive) starts with the same portfolio as R, but neither buys nor sells Then under the assumptions of no taxes or trading costs, it is a mathematical theorem that investor P's portfolio return fraction will be the weighted arithmetic mean of the return fractions of all the individual investments, whereas investor R will obtain the weighted geometric mean of the return fractions of the individual investments. It's also a theorem that the weighted arithmetic mean is ALWAYS greater than or equal to the weighted geometric mean, so regardless of what happens in the market (given the above assumptions) the passive investor P does at least as well as the rebalancing investor R.  P will do even better if taxes and trading costs are factored in. The real world:  Of course prices aren't continuously differentiable or even continuous, nor can you continuously trade.  (Indeed, under such assumptions the optimal investing strategy would be to sample the prices sufficiently rapidly to capture the derivatives and then to move all your assets to the stock increasing at the highest relative rate.  This crazy momentum trading would explosively destabilize the market and cause the assumptions to break.) The point of this is not to argue for or against rebalancing, but to point out that any argument for rebalancing which continues to hold under the above ideal assumptions is bogus.  (Many such arguments do.)  If a stockbroker standing to profit from commission pushes rebalancing on you with an argument that still holds under the above assumptions then he is profiting off of BS."}
{"text": " You need the Present Value, not Future Value formula for this. The loan amount or 1000 is paid/received now (not in the future). The formula is $ PMT = PV (r/n)(1+r/n)^{nt} / [(1+r/n)^{nt} - 1] $  See for example http://www.calculatorsoup.com/calculators/financial/loan-calculator.php With PV = 1000, r=0.07, n=12, t=3 we get PMT = 30.877 per month"}
{"text": " Next year, the Fed plans on unwinding the Bonds and MBS.  They'll ramp up to $50 billion a month.  At the same time we'll be selling Bonds on the market to finance the debt at a rate of $70 billion a month.  I wonder who's going to have the cash to buy the Toxic MBS and the low yield Bonds they'll be unloading on top of the usual Bonds for future debt.  Those Bonds will have to pay double digit rates before anyone will buy them.  Future generations will just get even more screwed the way the Fed has it planned."}
{"text": " \"Oh wow, well that's encouraging... I've had a professor of mine, one of the most successful in our school (PHD in economics, CFA, partner at an investment firm, among other things) describe the CFA as, \"\"6 agonizing hours of just not having enough time!\"\"   We will see. Thanks for the replies.\""}
{"text": " What's the future of oil and its economic impact.  1. On one side, it's nice that some countries have decided to ban gas powered cars in 20 or so years along with the likes of Tesla and home solar power having some success.   2. But, we still need plastics and possibly a host of other chemicals produced from petroleum - so there will be demand, but of a smaller (?) or different kind.  3. There would be a huge upheaval (I imagine) in the industries in the current oil supply chains and also countries (Saudi Arabia for e.g.) and the global/ middle eastern politics too (?)."}
{"text": " It's a good idea to have some emergency money so I would propose a plan that keeps some in your savings:  If the 0% goes away, then consider paying it off, but by that time hopefully you have built up your savings a bit more. Also consider the ability to move the balance from the 2% cards to the 0% one, if that is possible."}
{"text": " I would go see a Lawyer no matter what. It's a form of a scam your parents are doing. Make sure it's YOUR name only on the title of the building if it is, then you have a MAJOR case against them. This is a form of Equity scam, in where you aren't really going to make hardly any money. Once you pay them that money towards the loan legally their stake needs to decrease according to what you said. ABSOLUTELY CONSULT A LAWYER!"}
{"text": " I'm a Senior Engineer at the top tech company in the world... I've been here since I graduated in 2010.  I still cannot afford to buy a decent house in any neighborhood within 20 miles of my workplace.  It's kind of disheartening imagining the kind of situation people who aren't as lucky as me job wise must be in."}
{"text": " First, you can look up the property tax of the building you are in for an exact number. Go to you town's tax office or look at Zillow. You need to claim the rent as income, but will take all expenses as well as depreciation on half the building. The numbers may well work in your favor, especially as a resident landlord. I still own a rental in the next state, but it's 2 hour away, so I'm paying pros to do the simplest things. On site, you can handle all maintenance and save that way.  If the cash flow looks like it's better than what you have right now, it might be time to buy. Without seeing the numbers I can't point out what you might be missing."}
{"text": " I mean its probably not set like that in a cynical sense, though yeah any time its coming from a private company it'll be as expensive as they think people can pay without losing their shit.   ps. things that are supposed to be human rights should just be on up to a certain amount. Obviously you don't want needless waste of resources so it'd be good to have some kind of overage fines."}
{"text": " \"It's in the last paragraph after the video.  Frankly the whole article is less than objective. That's cool, I guess, they're entitled, but I only thought it silly to assert that McDonalds didn't succeed because the food is shit.  It's been shit for decades.  EVERYBODY KNOWS THIS.  I lived in Northern Spain in the nineties when my particular area got its first McDonalds.  Since I was the only American most people knew, we all went there for its inauguration, a little mini-event to have fun.  They pitted their Basque food against this McDonald's thing that was supposed to be so good.  I chuckled internally, because there is NO comparison.  McDonalds vs. a chuleta served during cider season or even a hamburger you make in your house?  Comeon. So anyway we all order Big Macs and afterward they all said in disgust, \"\"That was shit.  Why do you people eat this shit?\"\"  Haha.    I told you it was shit.    Why do Americans eat it?  Right of passage for young males?  I don't know really.  Anyway, they all expressed their universal scorn, but the place was booming and continued to boom.  Sometimes people just like foreign different stuff once in a while, I guess.\""}
{"text": " Beside standard Swift (which may be registered and checked for money laundering) there are the money transfer companies (Western Union) and the electronic currencies like bitcoin.  Besides that is buying something very expensive (gold / diamonds) and sell them again a possibility to transport vast amount of value."}
{"text": " While I also like to strike back at the boomers who love to blame millennials, that's not actually what the article is saying. It's stating that the trend is moving away from their niche, and that's impacting their business, which is a completely valid and defensible hypothesis."}
{"text": " I suspect this is done at least in part in response to [this review by Edmunds](http://www.edmunds.com/tesla/model-s/2013/long-term-road-test/wrap-up.html) and a [similar one by Consumer Reports](http://www.consumerreports.org/cro/news/2014/08/consumer-reports-tesla-model-s-has-more-than-its-share-of-problems/index.htm) where they describe the number of problems Tesla had over 1 year of ownership.  Esp in the Edmunds review, if you scroll down part way down the article, you'll see the number of powertrain part replacements that were done; it's quite substantial."}
{"text": " My wife just got a Moto G off Amazon for [$80](http://www.amazon.com/Moto-Boost-Mobile-Prepaid-Phone/dp/B00HPP3VW2/) and is using it on Ting, which means if she keeps her mobile data usage down the phone should cost us about $10 - $15 a month.  It is an amazingly good phone for that price."}
{"text": " \"Keep in mind, if the name is trademarked, you might have it taken away from you. If it's generic, there's a good chance the potential buyer would just move on and set up another domain name. Consider web names such as Stockpickr. The proper spelling is there, and remains unused, \"\"This domain may be for sale\"\" at the top of the page. I'm guessing they asked for too much money and the potential buyer just decided to move on. We are at the point where the new domain extensions (.space .name .guru and hundreds more) have watered down the potential value of many sets of words. I'm sure there are still good names, and yours might be as good as you think, but you might find resistance getting a deal that lasts beyond the sale date.\""}
{"text": " How much should a rational investor have in individual stocks? Probably none. An additional dollar invested in a ETF or low cost index fund comprised of many stocks will be far less risky than a specific stock. And you'd need a lot more capital to make buying, voting, and selling in individual stocks as if you were running your own personal index fund worthwhile. I think in index funds use weightings to  make it easier to track the index without constantly trading. So my advice here is to allocate based not on some financial principal but just loss aversion. Don't gamble with more than you can afford to lose. Figure out how much of that 320k you need. It doesn't sound like you can actually afford to lose it all. So I'd say 5 percent and make sure that's funded from other equity holdings or you'll end up overweight in stocks."}
{"text": " There are two things you need to keep in mind when you look at Inflation as an entity. Inflation is necessary to keep in check the value of goods. As per Moore's Law for example, a mobile phone that you buy for \u00a3100 today will be available for \u00a350 in two years. With increased purchasing power, one needs to maintain balance between the purchasing power and its value. If you think about the 'loss' at a rate of 2% you would have \u00a396.04 (in terms of today's value) in two years. But if you looked at the same cell phone as leverage for your business where it allowed you to do work and earn \u00a31000 in two years - the investment would clearly offset the cost of inflation. Inflation is incentive for people to spend their money. If you for example spent all of your \u00a3100 today, it is \u00a3100 income for someone else. He has further incentive to spend it creating a chain of transactions. In theory while this is a true mathematical loss, the increasing purchasing power helps you leverage your financial asset to get a return on your investment."}
{"text": " There are a lot of certifications/designations you could look into if you're willing to put in the time to study. CFA, FRM, CFP, etc. Most financial companies will recognize these although some carry more weight than others."}
{"text": " \"There may well be several such graphs, I expect googling will turn them up; but the definition of risk is actually quite important here. My definition of risk might not be quite the same as yours, so the relative risk factors would be different. For example: in general, stocks are more risky than bonds.  But owning common shares in a blue-chip company might well be less risky than owning bonds from a company teetering on the edge of bankruptcy, and no single risk number can really capture that. Another example: while I can put all my money in short-term deposits, and it is pretty \"\"safe\"\", if it grows at 1% so that my investment portfolio cannot fund my retirement, then I have a risk that I will run out of money before I shuffle off this mortal coil.  How to capture that \"\"risk\"\" in a single number? So you will need to better define your parameters before you can prepare a visual aid. Good Luck\""}
{"text": " This is actually not at all surprising. We've been pumping oil for a long time, it makes sense that the guys doing this are very good at knowing where the line between profit and loss is. With government handouts more operations are on the profit side. So those operations go forward."}
{"text": " \"If you take a loan, you make a contract with your lender, let's call them \"\"bank\"\" (even if it might not be a real bank).  This loan contract contains an agreed-upon way of paying back the loan.  Both sides agreed upon these conditions.  Any change of it (like paying back early) needs the consent of both sides.  So, in general, no, you cannot just pay back everything earlier unless the other side accepts this change of the contract. Consider it from the bank's point of view:  They want to earn money by getting the interest you have to pay when you pay back everything nice and slowly.  It is their business.  They plan on these expected revenues etc. So if, for whatever reason, you have to pay back the whole remaining loan at once, you create a revenue loss for the bank and are liable for this financial damage.  In German the term for this is \"\"Vorf\u00e4lligkeitsentsch\u00e4digung\"\" which translates to \"\"prepayment penalty\"\" or \"\"acceleration fee\"\".  You just have to pay it, so in the end you come out like if you were paying back the loan in the agreed-upon fashion. However, many loan contracts contain the option to pay back early at specific points in time in specific amounts and under specific conditions.\""}
{"text": " \"Having a separate checking account for the business makes sense. It simplifies documenting your income/expenses. You can \"\"explain\"\" every dollar entering and exiting the account without having to remember that some of them were for non-business items. My credit union allowed me to have a 2nd checking account and allowed me to put whatever I wanted as the name on the check. I think this looked a little better than having my name on the check. I don't see the need for a separate checking account for investing. The money can be kept in a separate savings account that has no fees, and can even earn a little interest. Unless you are doing a lot of investment transactions a month this has worked for me. I fund IRAs and 529 plans this way. We get paychecks 4-5 times a month, but send money to each of the funds once a month. You will need a business account if the number of transactions becomes large. If you deposit dozens of checks every time you go to the bank, the bank will want to move you to a business account.\""}
{"text": " Just because it's made in China doesn't mean it's garbage. Their hand tools have won multiple awards in the past several years and they have an unlimited lifetime warranty. If something breaks all you have to do is head over to the closest Kmart or sears and they'll replace it on the spot. You don't have to deal with shipping and waiting weeks to get a replacement."}
{"text": " The market can only bear so many high-priced mini-mansions. It's like a car dealership trying to sell Lexus and BMWs in a neighborhood where everybody can only afford a base model Honda.  There is plenty of housing, but not enough housing that is affordable."}
{"text": " My gut reaction is to agree with you. Then I realize that I'm shopping for a laptop that would have been a supercomputer ten years ago and planning to spend about $500. I think there's going to be a tipping point in 3D printing where it will just explode. And with the platform vendors locking their platforms down, figure a lot of the hobbyists are going to explode in that direction.   Pick the date you think we'll be able to print an electric motor (or at least the parts so it can be assembled) and I wouldn't be shocked if by that date some geek has actually printed him/herself a car."}
{"text": " It would seem to be in your best interest to file, and that probably means that you should do all you can to get your documents back.  If you are in fact owed a refund then there is apparently no penalty to filing late.  If you instead owe taxes, you better file in any case since the fees stack up pretty fast: 5% per month after the due date up to 25% of the taxes owed."}
{"text": " \"First of all, the answer to your question depends on your starting dates and ending dates. So developed markets returns are higher over one period, and emerging markets returns over other periods. So far, there does not appear to be a systematic tilt in favor of one or the other. The reasons are as you said. Emerging markets tend to have higher returns in nominal terms, but developed markets currency movements (sometimes) cancel this out. So watch out for periods of strong and weak developed markets (e.g. U.S) currencies. In \"\"strong\"\" currency periods (such as those of the past five years or so),  you want U.S. market exposure, and in \"\"weak\"\" currency periods, the larger nominal local returns will be fully reflected in dollar terms as well.\""}
{"text": " This depends entirely on what the market guesses the news will be and how much of that guess has already been factored into the price. There is no general answer beyond that.  Note that this explains the apparently paradoxical responses where a stock good down on good news (the market expected better) or up on bad news (the market expected worse)."}
{"text": " I disagree with most of the answers here so far because they are either too risky or too conservative and don't take taxes and retirement into consideration. OP, keep in mind the higher the potential return, the greater the risk. You haven't stated your risk tolerance, but consider the following: Pick a certain percentage of your $10k to invest for the long term. Pick a low-cost index fund like the S&P500 Index. Historically this investment does well in the long run, and it gets you started in investing. Keep the balance, the money you will need for the short term, right where it is not earning much interest. Have you started saving for retirement? Consider starting a Roth IRA (if you are in the USA) with some of the money for tax advantages. It's up to you to decide how much you should invest and how much you need to keep on hand for emergencies or short-term needs. There are plenty related questions on this forum you can browse."}
{"text": " Nearly 3 years ago, I wrote an article, Betting on Apple at 9 to 2 which described a bet in which a 35% move in the stock returned 354% on the option trade. Leverage works both ways, no move, or a slight move down, and the bet would have been lost. While I find this to be entertaining, I don't call it investing.  With $2-$3K, I recommend paper trading first, and if you enter option trades, no one trade should be more than 20% of this money. If you had $50K in betting money, no position over 10%."}
{"text": " Saving money for the future is a good thing.  Whether spending those savings on a business venture makes sense, will depend on a few factors, including: (1) How much money you need that business to make [ie: will you be quitting your job and relying on the business for your sole income? Or will this just be a hobby you make some pocket change from?] (2) How much the money the business needs up front [some businesses, like simple web design consulting, might have effectively $0 in cash startup costs, where starting a franchise restaurant might cost you $500k-$1M on day 1] (3) How risky it is [the general stat is that something like 50% of all new businesses fail in their first year, and I think for restaurants that number is often given as 75%+] So sometimes investing in your own business is financially risky, and other times it is not risky. Sometimes it is a good idea, sometimes it is not. Either way, saving for a future business that you may or may not ever invest in, is still saving money. If you never end up investing in a business, you can instead use that money for retirement, or whatever other financial goals you have. So it's not the saving for a new business that is risky, it's the spending. Part of good personal financial management is making financial goals, tracking your progress to those goals, and changing them as needed. In a simpler case, many people want to own their own home - this is a common financial goal, just like early retirement, or starting your own business, or paying for your kids' college education. All those goals are helped by saving money, so your job as someone mindful of personal finances, is to prioritize those goals in accordance to what is important for you. As mentioned by Stannius in the comments below, there is one catch here: if you are saving money for a short term goal (such as starting a business in a year), then you might want to keep it in low-interest savings accounts, instead of investing in the stock market. Doing this would remove the chance that your investments fail right before you need the startup money. Of course, this means that saving for a business that you never end up starting, could earn you less investment income on your savings. This would be the risk of saving for any specific short term goal that you end up changing later on."}
{"text": " I've developed a [hybrid charity-fair profit business model](http://www.naturalfinance.net/2011/03/open-partnerships.html) that has an entire section devoted to Monsanto.  Basically, GM foods is a comparable innovation to a cure for cancer or AIDS.   The excessive greed of Monsanto would make them just as hated if they controlled the cure for cancer as well.  Enhanced food productivity saves lives.  More nutritious food would too.   Monopolies that attempt to strangle every possible profit from the innovation are obviously focusing on saving as few lives as necessary."}
{"text": " \"You keep saying this is based on data.  Please feel free to provide peer reviewed data supporting your stance that smoking impacts income.  I'm always happy to learn something new, but I'd need to see a valid source other than, \"\"Because I say so\"\".  Which is what you just said again.  Though this time you made a call to authority based on your undergrad degree.\""}
{"text": " Okay. They're faster than most other computers. They either have a dedicated fiber line or are physically closer.  But anyways, they flood the NYSE with tons of orders to slow it down. So they see another broker's order in the line up and delete the bogus orders. They can then make the purchase faster than the other guy. The other guy now has to pay a higher strike price than he initially thought the bid would be.   So let's say Apple's quote is 1.00  They send one order for apple  One for IBM  One for Yahoo  One for NBC Comcast  They see another guy wants Apple. So they cancel the orders for IBM, Yahoo and NBC Comcast and leave the Apple one to complete. The Apple one goes through and then they automatically resell it to the guy looking to buy Apple at a price of 1.0001  TLDR  They flood a bunch of orders at a bunch of different prices/quantities. They cancel before it goes through unless they see someone else wants it. If that person wants it they don't cancel.  edit: I don't even know if all or any of those stocks are listed on the NYSE. In today's world it doesn't make a difference anymore. However, replace NYSE with any exchange and the stock with any ticker symbol.  edit 2: They could also manipulate cross listing. Listing the same stock on two different exchanges. Those prices are mostly uniform but of course higher volume on one could mean a higher price on one before they stabilize. So if you can move fast you can buy the stock at the lower price and sell it on the exchange with the higher price."}
{"text": " \"The standard measure of risk is the variance of the asset. The return on investment of the asset is understood as a random variable with a particular distribution. One can make inferences about the underlying distribution using historical data. As you say, this is what the quants do. There are other, more sophisticated measures of risk that allow for such things as skewed distributions and Markov switching. If you are interested in learning more, I suggest starting with the foundations of Modern Portfolio Theory: \"\"Portfolio Selection\"\" by Harry Markowitz and \"\"Capital Asset Prices\"\" by William Sharpe.\""}
{"text": " Problems with your plan (in no particular order) there is a limit, once they have decided that you have enough credit they won't offer any more. If the economy changes (like it did in 2008) they can reduce the limit on existing accounts. If you don't use them, they may decide to close them. Using existing cards will encourage the bank to increase the limit on that card. opening cards can make some lenders nervous. Having a new card close to when you are applying for a mortgage or a car loan can make them less likely to lend you the max. You have to decide: Are you trying to buildup your credit limit? or your credit score?"}
{"text": " \"This is an unrelated subreddit, so I want to avoid starting unwanted discussion out of common courtesy. I am merely trying to reach out. But a joke among firearms enthusiasts goes thusly:  &gt; *Guy: \"\"Look, not only are you losing the arguments on home defense and hunting, but even if you weren't, the Second Amendment isn't about those things, it's about the ability to rebel against tyranny.\"\"*  &gt; *Narrator: \"\"That's paranoid and insane. A government will never become tyrannical!\"\"*  &gt; *Guy: \"\"What do you think of Donald Trump.\"\"*  &gt; *Narrator: \"\"He's literally Hitler. He wants to put Muslims and Women in FEMA camps.\"\"*  Also just a friendly tip, publicly advocating for violent overthrow is a prohibiting offense. You can never purchase a firearm from the closest thing we have to \"\"militia\"\" stock. Please consider what you have just posted to social media. *(Also consider these have been continually expanded to include \"\"feel good\"\" restrictions. [Such as calling someone the wrong gender pronoun. (1)](http://sacramento.cbslocal.com/2017/06/05/hate-crime-guns-california/) [(2)](http://www.foxnews.com/politics/2017/10/09/new-california-law-allows-jail-time-for-using-wrong-gender-pronoun-sponsor-denies-that-would-happen.html))*  &gt; *K. will not be in violation, by reason of my receipt or possession of a rifle, of any state law or published ordinance applicable where I reside;*  &gt; *L. have not been convicted of any federal or state felony or violation 18 U.S.C. \u00a7922, and am not a member of any organization that advocates the violent overthrow of the United states government.*  Sorry for the threadjack. I just wanted to point out certain groups have thrown away the ability to \"\"#Resist\"\", in the morbid hypothetical you point out.\""}
{"text": " If this happened, first you would be breaking the law for driving without insurance. Second, my uninsured motorists insurance would cover it.   Third, your personal net worth is not zero. You are the owner of all those corporations which happen to own those assets. I could sue you and you would have to liquidate your stakes in those corporations. Your example is just saying someone doesn't have any assets if all their cash is tied up in stocks (equity ownership of corporations). If you're argument held true in court, no one could sue anyone successfully, because everyone would just put all their money in equities before a lawsuit."}
{"text": " This article highlights Romney's true position on outsourcing of jobs. He cares about the bottomline. He was like any other businessman, after profit. So, he understands and sympathizes with companies that outsource their business activities. He's a politician now, and the people are the number one priority, not corporations. I doubt he will institute hardline policies on keeping companies in the US, especially if it will lead to decreased profit. It goes against his political beliefs."}
{"text": " **Solyndra**  Solyndra was a manufacturer of cylindrical panels of copper indium gallium selenide (CIGS) thin film solar cells based in Fremont, California. Although the company was once touted for its unusual technology, plummeting silicon prices led to the company's being unable to compete with conventional solar panels made of crystalline silicon. The company filed for bankruptcy on September 1, 2011.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"text": " Visa, Mastercard have very strong consumer protection. I have been wondering about this question for a while but never got around to asking it here: What happens if a retailer knowingly defrauds me? My guess is the first party to ask for help is Visa, Mastercard: a retailer knowingly defrauding you is unlikely to refund you any money. However, slip-ups do happen. If this is a retailer of good repute, they will not only refund you the money but send you a gift card too! Please do followup this post with what helped you in the end, but my guess is, your first (and last) line of defense would be Visa, Mastercard. Anything that would go through the bank would take such a lot of time and effort, that you would be better off writing it off."}
{"text": " \"While the *potential* economic gains via increased trade and investment into the canal zone and whole country are relatively obvious (n.b. the widely quoted government report has not been fully disclosed, the contract was not openly bid on before being won by HKND, and HKND itself has a spotty track record with completing projects might as well one of this size, so take their astronomic claims with a grain of salt until there is more transparency), there is a significant risk of destroying the Nicaraguan environment and even potentially reigniting a civil war were affected groups (e.g. the [Rama](http://en.wikipedia.org/wiki/Rama_people), [Garifuna](http://en.wikipedia.org/wiki/Garifuna_people), [Mayangna](http://en.wikipedia.org/wiki/Sumo_people), and [Miskitu](http://en.wikipedia.org/wiki/Miskito_people)) to be ignored.  First and foremost he canal would decimate [Lake Nicaragua](http://en.wikipedia.org/wiki/Lake_Nicaragua), the largest freshwater lake in Central America and a crucial factor in the environmental and economic health of the region.  The introduction of saltwater and invasive species through the canal would essentially kill off most of the native flora and fauna while also removing a major source of freshwater for much of the country, the impact of both of which should also be obvious.  Besides the impact directly on Lake Nicaragua, the canal would also [potentially cut through as of now protected nature reserves.](http://www.nature.com/polopoly_fs/7.15580.1392661800!/image/Canal-2.jpg_gen/derivatives/fullsize/Canal-2.jpg)  According to Nature, \"\"[t]he excavation of hundreds of kilometers from coast to coast... will destroy around 400,000 hectares of rainforests and wetlands,\"\" as well as threatening the survival of numerous native species, threatening other industries including tourism and sport-fishing.  I could continue but this post is already longer than I planned on writing, so suffice it to say that anyone who say this is an unqualified positive for Nicaragua is either uninformed or being deceptive. Whether these consequences are worth it for the upside is an entirely different discussion, but these consequences are not to be disregarded lightly.  Sources:  [\"\"Conservation: Nicaragua Canal could wreak environmental ruin\"\" written by Axel Meyer &amp; Jorge A. Huete-P\u00e9rez and published by Nature.](http://www.nature.com/news/conservation-nicaragua-canal-could-wreak-environmental-ruin-1.14721)  [\"\"Nicaragua Plans to Bisect the Country With a Massive Canal\"\" written by Rachel Nuwer and published by Smithsonian Magazine.](http://www.smithsonianmag.com/science-nature/nicaragua-plans-bisect-country-massive-canal-180949838/?no-ist)  [\"\"Why the Plan to Dig a Canal Across Nicaragua Could Be a Very Bad Idea\"\" written by Greg Miller and published by Wired Magazine.](http://www.wired.com/2014/02/nicaragua-canal/)\""}
{"text": " Starbucks has litigation in place to end this since the TSA is cutting into their handjob market.  Depending on how SCOTUS rules on Obamacare, they could either argue for a government mandated handjob that they can contract out or that the government can't force handjobs, therefore they have to leave it to handjob enterprises.  The details get fuzzy around whether customers will have a claim for reimbursement if they argue that they don't have time or a handjob right now and miss their plane."}
{"text": " \"As an aside, on most securities with a spread of the minimum tick, there would be no bid ask spread if so-called \"\"locked markets\"\", where the price of the best bid on one exchange is equal to the price of the best ask on another, were permitted. It is currently forbidden for a security to have posted orders having the same price for both bid and ask even though they're on different exchanges. Option spreads would narrow as well as a result.\""}
{"text": " My parents owned 5 bowling centers throughout my childhood. Summer is the toughest time for a bowling alley. Open play is down because people want to be outside. Leagues run August-May and the majority of league bowlers want to take the summer off. Leagues are guaranteed revenue week to week. Summer months were usually break-even.   Does this center have a bar? That's a significant portion of revenue, especially in the summer."}
{"text": " \"This is the only question that I see that you didn't answer yourself: Would withdrawing money from the margin account affect how the income is taxed (i.e., is the money taxed only after it is withdrawn)? The answer to this is \"\"no.\"\"  The tax is the same whether or not you withdraw money from your margin account.\""}
{"text": " Man, that's some really important stuff when it comes to filling out a TPS report.  Which, BTW, now have a cover sheet.  Did you see the memo on the cover sheets for TPS reports?  I'll make sure you get another copy of that memo."}
{"text": " From wikipedia: In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade at the time of purchase. These bonds have a higher risk of default or other adverse credit events, but typically pay higher yields than better quality bonds in order to make them attractive to investors. In terms of your second question, you have the causality backwards.  They are called junk bonds because they have a higher risk of default."}
{"text": " Fox News could lose 100% of it's ad revenue and would still exist as a state-run propaganda arm.  17% of one month's ad revenue is 17% of a dust mote when compared to the power and lucre they stand to gain serving an autocrat who rules over the world's wealthiest country and the world's most powerful military."}
{"text": " &gt;Because we are the people who have come together to form a more perfect union.  You realize that isn't an actual argument for anything, right?  &gt;Also, if we have poor &amp; elderly suffering in the USA, the people with the high line condos and sports cars are not being taxed enough.  So the poor and elderly have zero responsibility for their own suffering, and the wealthy have all the responsibility to alleviate any suffering via higher taxes?  How does that make sense?"}
{"text": " No no, I didn't forget. 3 times 12 is 36 minus 20 is $16 more.  Thank you, I just needed someone to acknowledge that's they were incorrect. How's that get top comment though?! So frustrating.  Edit: okay, not top comment anymore but still up there."}
{"text": " &gt; Also I much rather the government tackle cable/utilities monopoly first, as that market is already anti-consumer even on price. Tech is still pro-consumer on price, just anti-consumer on choice.  Yes, but any country that prides itself on having an economy made of SMEs and start-ups is gonna be worried if the economy starts to take a shape which is decidedly anti-startup"}
{"text": " This depends on what the alternative is. Your loan of .99% is very favorable rate. If you have the 15,000 right now but only hold it in your checking account or cash then you might as well just pay it all off(assuming you have an adequate emergency fund). Paying the debt off sooner will save you on interest. Currently if you pay the minimum you will pay a total of $15,230 by the end of the loan, a $230 premium to $15,000. - Math credit goes to  Joe If you have an investment vehicle you feel can successfully yield more then .99%, you might want to consider investing that money instead, while paying the minimum on your car loan. Also be sure to check the .99% is not an introductory rate which increases later on. It comes down to whether you can get a better return then .99% investing that money or whether you rather just pay off the debt and not worry about it. If you don't want to bother investing the money, than just pay it off... I also assumed you have no other revolving debt with a higher APR. If you do, first pay off the higher APR debt."}
{"text": " My Wife:   * Shitty genetics, lots of health problems   * By her own admission at *least* 10 IQ points down from fetal alcohol/drug exposure/being fed alcohol/drugs by her abusive mother beginning at age 3 (or earlier). Compensates by compulsively writing down everything in lists so she can remember things.   * Grew up in rural Indiana, dirt poor, abused physically, emotionally and sexually   * Realized at age 12 that she'd be pregnant by 15 if she didn't find a way out   * On her own initiative found a relative out of state to live with. Not a happy living situation but it allowed her to at least graduate high school.   * Got into college, not a great college but at least college.   * Got a degree.   * Took a job teaching in an poverty stricken area so she could give back to kids growing up the way she did.  Yup. All luck. She never could have done it without all that luck. Oh wait a second, no, she took responsibility for her own life and made something of herself instead of kicking back and waiting for a handout like all her friends and family who, oddly, haven't had much *luck* since and still live in poverty in rural Indiana.    Did I mention she makes more money, works less hours and has better benefits than I do?"}
{"text": " Well you have three main options in my opinion. For cash, or any assets you can convert to cash, you could purchase bonds with a maturity date close to what you are looking to lock your funds up for. While you could sell these on a secondary market, admittedly - however you have a justification you can provide to yourself as to why you cannot sell them. Fixed term deposits often have poor interest rates, but if you ask to withdraw your money early you often forfeit all of the interest you would have gained. While your money would not be locked up, it keeps it further out of your reach, just like bonds. Every step further away from your bank account the funds get, the less likely you are to surrender to giving away money that is rightfully yours. It comes with the added advantage of typically high-returns. Trust funds can be set up with anyone as the beneficiary, and provide legal barriers so long as the beneficiary isn't also the executor. While it can be expensive to do so, you could hire a lawyer who specialises in estate law to set up a trust fund you are the beneficiary of, which has stipulations as to how and when assets can be released. I didn't include this as one of the main three, because it doesn't allow you to specify exactly when funds are released to you, but in many countries (including the US) you have special tax advantaged retirement accounts, where funds are locked away until you retire. However, it is unfortunate you even need to think about this. Another thing to consider is that if people start pressuring you for money, you should cut them out of your life."}
{"text": " How can I get quarterly information about private companies? Ask the owner(s).  Unelss you have a relationship and they're interested in helping you, they will likely tell you no as there's no compelling reason for them to do so.  It's a huge benefit of not taking a company public."}
{"text": " \"What about all the people they employ who had nothing to do with it? People with families to feed  such? Fine the ever living dogshit out of them and jail anyone who showed gross neglegence (looking at anyone who said good security was \"\"too expensive\"\", or \"\"not a good return on investment\"\"). Then move along.\""}
{"text": " \"You aren't playing devils advocate, you aren't thinking at all.  If it's skilled or not is not isn't relevant to the discussion at all.  Walmart makes more than enough money to pay their employees a living wage.   The fact is that every single walmart exists today beause their employees can be subsidized by the state and federal government which means your tax dollars that you work for every single day literally is being used to pad the profit margins of walmart executives and their shareholders.  Do you understand that?  Your tax dollars are paying for the benefits of Walmarts workers, Walmart is NOT paying the benefits of their employees out of the profit they make.    What's the argument here, that because it's \"\"unskilled labor\"\" these people don't deserve to be paid enough to not be on state aid?  is that really the argument here?  If \"\"unskilled labor\"\" is so worthless how is Walmart generating some of the largest profits of any company around when most of their work force is \"\"unskilled labor?\"\"\""}
{"text": " Pot can affect competency. You are naive and biased to believe otherwise.   You argue that it never could cause problems. This is because YOU have never seen it happen.   The problem is you then discount any observations which go against what you have seen and been told by others. Others who have a vested interest in legalizing pot in all ways.   I know people who function just fine after a period of time from smoking.   I also know and have known  people who don't. Who prior to smoking pit where very timely and efficient at their jobs, then after starting to smoke became lazy and uncaring during work. With most, the ONLY thing that changed was they started smoking pot.   So you go ahead and avoid truths because you do not like them."}
{"text": " \"If you're a good candidate in terms of all the usual metrics then it will really come down to selling yourself to any potential advisers. Remember that in PhD admissions individual professors are really making the admissions decisions.   Also, as you said you're from an econ background.... Unsurprisingly, mathematical finance is going to be pretty \"\"mathy.\"\" If you haven't had courses in real analysis, differential equations, Fourier analysis, and statistics you may want to brush up on those subjects. I say this because I am doing a PhD minor operations research (coming from a mechanical engineering background) and I have been overwhelmed at times by the level of technical rigor that they take in these courses relative to my \"\"normal\"\" engineering math courses. I would have been well served studying some real analysis before taking stochastic calculus, for instance.\""}
{"text": " &gt; After the NYT drummed up war in Iraq I've been done with that paper. They failed when we needed them the most.  This should really be the #1 comment on this thread. When it comes to important topics like international affairs, they're more of a propaganda rag than a source of serious journalism or analysis. I haven't taken them seriously since 2003, and what I do come across from them now and again on reddit is usually very biased (pro-American government)."}
{"text": " \"My best tip is to keep getting the interviewer to keep talking.  If you can't think of any questions,   build your questions off their answers,  show them you really want to know more,  it works well for you in the fact that it makes you look curious,  and it wastes time in interview before they get anymore difficult questions.   They expect any intern to be an idiot in the beginning,  it will take you quite some time to learn about the company,  but the team knows that already,  they're looking for \"\"value added\"\".  Talk about how you can add value,  how your experiences in the past can help with any work the company gives.    And make sure you learn how to tie a tie,  learn the Pratt knot,  make sure you're presentable,  and most Importantly,  be friendly and say good morning to everyone you pass,  everyone loves a friendly intern\""}
{"text": " Wow you really are stupid, aren't you? Treasuries are the debt. Derp da derp, we sell 600b a year in treasuries because we don't have enough $$$ to pay our bills. America doesn't just print money, moron. You buy $100 in treasuries and they give you a voucher, and they can spend $100."}
{"text": " Probably the biggest dream of most entrepreneurs in the modern times is to manage their own company. The starting point is a small business ownership; however, the path can be of different forms and include starting one from scratch, buying an existing one or opting for a franchise. For more details visit us online or call us on 96620 31877."}
{"text": " My company has a dashboard that basically does this. We select industries / companies we want to be notified of and we get an email in outlook when a new analyst note, research report, or SEC filing is posted on that industry or company."}
{"text": " Based on what you wrote, you would be better off with no position to start, and then enter a buy stop 10% above the market, and a sell stop 10% below the market, both to open positions depending on which way the market moves. If the market doesn't move that 10%, you stay flat. However, a long option straddle position requires that the market moves significantly one way or the other just so you recover the premium that you paid for the straddle. If the market doesn't move, you will lose money on your straddle due to theta decay and a drop in volatility. Alternatively, you could buy a strangle, with a call strike 10% out, and a put strike 10% out. The premiums would be much much lower, and these wculd take the place of the stop entries. Personally, I would never buy a straddle, but I do sometimes sell them, especially when implied volatility is very high."}
{"text": " There is a clear difference between investing and gambling.  When you invest, you are purchasing an asset that has value. It is purchased in the hopes that the asset will either increase in value or generate income. This definition holds true whether you are investing in shares of stock, in real estate, or in a comic book collection. You can also purchase debt: if you loan money, you own debt that will (hopefully) be repaid and generate income.  Gambling is playing a game for chance. When you gamble, you have not purchased an asset; you have only paid to participate in a game. Some games have a degree of skill (blackjack, poker), others are pure chance (slot machine). In most gambling games, the odds are against the player and in favor of the one running the game.  Lottery tickets, without a doubt, are gambling.  There is a good article on Investopedia that discusses the difference between investing and gambling in more detail.  One thing that this article discusses is the house edge, or the advantage that the people running a gambling game have over the players.  With most casino games, the house has an advantage of between 1 and 15% over the players.  With a typical lottery, the house edge is 50%. To address some of the points made by the OP's recent edit and in the comments: I do not think the definitions of investment and gambling need to be dependent on expected value.  There can be bad investments, where the odds of a good result are low.  Similarly, there could be gambling games where the odds are in the player's favor, either due to the skill of the player or through some quirk of the game; it's still gambling. Investing is purchasing an asset; gambling is a game of chance. I do not consider a lottery ticket an asset.  When you buy a lottery ticket, you are just paying a fee to participate in a game.  It is the same as putting a coin in a slot machine.  The fact that you are given a piece of paper and made to wait a few days for the result do not change this. Assets have inherent value.  They might be valuable because of their ability to generate income (stocks, bonds, debt), their utility (precious metals, commodities, real estate), or their desirability as a thing of beauty (collectibles), for example.  A lottery ticket, however, is only an element of a game.  It has no value other than in the game."}
{"text": " It means a government giving out money to encourage a particular product (or service) to be bought or sold. Some people will use the word more loosely to refer to any financial incentive, even if it's not coming from the government. Wikipedia has a list of examples that may be helpful: http://en.wikipedia.org/wiki/Subsidy A commonly-mentioned one is farm subsidies, where farmers are paid to produce certain crops."}
{"text": " The pirates will always pirate, it's their nature.  But I believe that artists and other creators should be paid for their work.  I would gladly pay for a commercial-free, on-demand video service..kinda like netflix except with a better selection  I suspect that there are enough people like me to allow the scheme to make money..even if the pirates never pay."}
{"text": " I don't know about his department, but many PDs/government agencies begin offering pensions at the 10 year mark.  Those pensions are generally based off of how much you made while you were working.  It's quite possible that between he has his wife, they are getting $50-$60k per year in pension.  Government pensions are fucking GREAT.  Of course, they also bankrupt governments, but that's tomorrow's problem!  Weeeee!"}
{"text": " I am very happy with Charles Schwab.  I use both their investing tools and banking tool, but I don't do much investing besides buy more shares a random mutual fund I purchase 4 years ago I did once need to call in about an IRA rollover and I got a person on the phone immediately who answered my questions and followed up as he said he would. It is anecdotal, but I am happy with them."}
{"text": " Rahul Manchanda is a talented individual and handles every case of his client with great importance. His genuine guidance and professional approach in resolving legal matters is appreciated by all. Rahul Manchanda has solved numerous cases successfully in Courts pertaining to Federal, Criminal, Civil, International, and Immigration related issues of people coming from different walks of life."}
{"text": " \"This is the best tl;dr I could make, [original](http://www.cbc.ca/news/business/minimum-wage-analysis-1.4141311) reduced by 90%. (I'm a bot) ***** &gt; A recent analysis from the Washington-based National Employment Law Project says that more often than not, minimum wage hikes create far more jobs than they kill, about 12 months down the line.  &gt; Proponents of minimum wage hikes argue they are a net positive for the economy, as they give a large number of low-paid workers more money, which they are more likely to go out and spend.  &gt; Minimum wage hikes initially tend to disproportionately impact retail and restaurant workers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6f6y80/boosting_the_economy_from_the_bottom_up_why/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~136151 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **wage**^#1 **more**^#2 **minimum**^#3 **job**^#4 **work**^#5\""}
{"text": " HSA rules are different in some regards than deductions allowable under Pub 502 which deals with medical expenses deductible in Schedule A of your tax return. Pub 969 governs HSA's and similar reimbursement plans, and the guidelines are as follows: Insurance premiums. You can\u2019t treat insurance premiums as qualified medical expenses unless the premiums are for: -Long-term care insurance. -Health care continuation coverage (such as coverage under COBRA). -Health care coverage while receiving unemployment compensation under federal or state law. -Medicare and other health care coverage if you were 65 or older (other than premiums for a Medicare supplemental policy, such as Medigap). Since your wife is still being treated like an employee for health benefits, and you are not on COBRA, thus not eligible for a deduction. You may qualify under the unemployment provision depending on the cause of her disability."}
{"text": " To be to ally fair, the audit that is done on the Fed every year does not include foreign bailouts, foreign swaps, gold reserves and their leasing or sales, it does not include loans to Primary Dealer Banks. In fact it doesn't include anything that would let us see the extent or type of transactions that are taking place."}
{"text": " It really wouldn't have been hard to do.    Microsoft was approaching mobile developers throwing money at them to develop on their platform.  Imagine a world where instead they chose to compete.   Come in at a 15% rake instead of a 30% rake android and iOS were on.    Instead they too got in with a 30% rake on revenues.     The store was a joke too.   There was two we had to code for.  Two different windows stores with two different apis.   It wasn't worth it at all."}
{"text": " Starting and running a business in the US is actually a lot less complicated than most people think. You mention incorporation, but a corporation (or even an S-Corp) isn't generally the best entity to start a business with . Most likely you are going to want to form an LLC instead this will provide you with liability protection while minimizing your paperwork and taxes. The cost for maintaining an LLC is relatively cheap $50-$1000 a year depending on your state and you can file the paperwork to form it yourself or pay an attorney to do it for you. Generally I would avoid the snake oil salesman that pitch specific out of state LLCs (Nevada, Delaware etc..) unless you have a specific reason or intend on doing business in the state.  With the LLC or a Corporation you need to make sure you maintain separate finances. If you use the LLC funds to pay personal expenses you run the risk of loosing the liability protection afforded by the LLC (piercing the corporate veil). With a single member LLC you can file as a pass through entity and your LLC income would pass through to your federal return and taxes aren't any more complicated than putting your business income on your personal return like you do now. If you have employees things get more complex and it is really easiest to use a payroll service to process state and federal tax with holding.  Once your business picks up you will want to file quarterly tax payments in order to avoid an under payment penalty.  Generally, most taxpayers will avoid the under payment penalty if they owe less than $1,000 in tax after subtracting their withholdings and credits, or if they paid at least 90% of the tax for the current year, or 100% of the tax shown on the return for the prior year, whichever is smaller. Even if you get hit by the penalty it is only 10% of the amount of tax you didn't pay in time. If you are selling a service such writing one off projects you should be able to avoid having to collect and remit sales tax, but this is going to be very state specific. If you are selling software you will have to deal with sales tax assuming your state has a sales tax. One more thing to look at is some cities require a business license in order to operate a business within city limits so it would also be a good idea to check with your city to find out if you need a business license."}
{"text": " \"The biggest disadvantage to you is that your tenant now knows your bank information, which means he can easily identify your source of money in the event he wins a lawsuit and wins a judgement.  He will be able to have a court marshall freeze your account. However, if you deposit your tenant's check into your account as opposed to an EFT, then your tenant can basically still obtain your bank account information and freeze your account, it would just take him a bit longer to get that information. I am definitely anti-landlord in these situations because I've had to deal with so many bad ones here in NYC, but as a landlord, the best thing you can do is to create a \"\"buffer\"\" account for you to deposit tenant rent money into, then transfer the money from the buffer account to your regular account.  This would prevent the tenant from knowing your personal bank information and greatly delay the tenant receiving his judgement from an assumed court win against you. My source:  I had to take my landlord to court, and after obtaining a judgement, I got a court marshall to begin the process of closing access to her account (she couldn't access the money in that account).  The process resulted in her sending me a check (assuming from her other account) for the judgement since her account was frozen and she couldn't access any of her money.\""}
{"text": " I mostly volunteer within a church environment.  Given this is reddit, I'm not sure how that comment will fair.    But I also see a lot of  workshops via networking sites; linkedin has one called 'Financial Culture | Financial Literacy', between the articles and financial counseling workshops in the area I live it would be pretty easy to get involved.    Also, START FOLLOWING COMPANIES on linked in.  Join groups that are related to what you want to do, they post items all the time about relevant news to their industry.  The more educated you can get the better."}
{"text": " What is essential is that company you are selling is transparent enough. Because it will provide additional liquidity to market. When I decide to sell, I drop all volume once at a time. Liquidation price will be somewhat worse then usual. But being out of position will save you nerves for future thinking where to step in again. Cold head is best you can afford in such scenario. In very large crashes, there could be large liquidity holes. But if you are on upper side of sigmoid, you will be profiting from selling before that holes appear. Problem is, nobody could predict if market is on upper-fall, mid-fall or down-fall at any time."}
{"text": " redethmoid, excellent questions and I appreciate that.    The fact is that we do need employees in the workforce in all sectors, blue collar/white collar.  The problem is the shift in the economy and how companies are responding to it.  The corp execs only look at the bottom line especially when they are a public company(they have to impress wall street as their first priority).  So what happens when profits and growth dip?  They immediately start looking for ways to cut the budget and it's usually by firing/lay offs and/or offshore outsourcing.  It's happening daily unfortunately.    If you live in the U.S., there's no reason to be living in poverty. People are dying to get in this country because of the freedom and opportunities we have.  It's all about mindset and how you view the world.    Here's my advice. I don't know you or your background but I can feel the frustration and where your mindset is.  First, remove the negative self talk from your language.  Saying that you're broke and have no money will force the universe to leave you in that state.  Start reading books on how to improve yourself first.  Change starts with us, not outside forces.  This is real shit my friend, not just some hype talk.    Next, if you need a rat race job to make ends meet, then do it even if you have a college degree.  Drop the ego and do what you gotta do.    Find something that inspires you and you love to do and figure out how to make cash doing it.  There are so many options out there, you just have to be willing to find them and open up your mind.    I'll leave you with that for now. If you'd like to connect on social media and learn more about this topic, let me know and I'll give you my details.    Have an awesome day!  William"}
{"text": " You don't say what kinds of mutual funds, or what bonds. You don't say how old you are. You seem to have enough cushion to strike out on your own comfortably.  This is good. Compared with Vanguard's management fees, the fees you're paying are pretty high. The bottom line of what to invest in rests with you.  If you outsource it, it's still your money.  The managers get paid whether you make money or not. You have lots of other options: real estate from a distressed seller, commodities, currencies, websites, or other things where you have a knowledge advantage. For the time being, though, if you're concerned about your main income stream, I wouldn't get terribly risky with your money.  Cash is just peachy in that case."}
{"text": " The point of Lewis' speech is that society and culture has (wrongly) been attributing all success to skill alone, and almost completely discounted luck of opportunities as a factor.  It is a given that successful people work hard, they have to in order to make the most of the opportunities they were given.  But the general consensus has been that people who are not successful are not simply because they lacked somehow in skill, determination or dedication.  In doing so, as a society, we (well, the majority anyway) have allowed ourselves to become emotionally separated from those who aren't presented with the same opportunities and instead attribute their failure in life to lack of the aforementioned attributes."}
{"text": " It's not greedy for me to demand money from you - in fact, it is greedy for you to refuse my demands that you give me money.   It's not theft for me to take something from you - in fact, it is theft if you do not allow me to take something from you.  Also, left is right, up is down, and cats are female dogs."}
{"text": " Which side of the bed did you sleep on? Did you have to change the sheets if you'd recently had sex with someone in that bed? Did she eat breakfast in the mornings? Did anyone every notice and/or question this arrangement? Did she ever snore? Did you ever snore? Who fell asleep first? Was she ever big spoon? Did you guys ever sleep face-to-face? What happened when you finally did get into a new relationship?"}
{"text": " The simple truth is, that the one that had to the most to gain is the one responsible and all else is misdirection.   So who gained the most and who actually had the ability and motivation to pull it off?  Lets see . .Zukerberg runs face books . . . he is a jew  Donald Trump's bankrupt son in law, kushner, is now in the White house call he shots in the middle east deal and his family making money from the influence . .they are jews  Israel is happy with their new F-35s, a promise to relocate the US embassy to Jerusalem, a hard line against Iran, that Nathanyahu keeps grinning like a jack ass . .they are jews  The Jews long lost calf worshiping Indian cousins are now the darling of America.  So getting this imbecile Donald trump in the White house has benefited the Jews the most and he has been bankrupt a number of times so he is surely their bitch on a long term basis.  They have control of the media as well as the Fed and the Treasury.  So the had the means, the motivation, benefited from it and put the blame of putting the biggest monkey that America could find in the White house on Russia, which never had the means to rig the election.  In reality, Facebook is a fucking blog page that has been over marketed to the extent that web pages are worth billions . .its a fucking dot.com scam"}
{"text": " \"Agreed, but often it seems that gray area is exactly what these \"\"innovations\"\" are looking for.  Repeatedly pushing down onto the struggling individual the past responsibilities of the wealthy corporation.    Say this thing picks up steam and is revitalizing Walmart.  John is walking out the door and \"\"critical\"\" deliveries need to be made.  John was a bit short last month and couldn't wait for the 2 week insurance reimbursement process.  So despite the team lead's prodding, didn't upgrade his insurance coverage this month.  He didn't want to be \"\"that guy\"\" so didn't confirm/deny getting modifying coverage to the lead.  The team lead asks John to take the packages, but doesn't really follow through on the insurance check.  John wrecks his car and his back.  John's insurance company rejects the claim.  The team lead and John are fired because not checking/having the insurance was against written policy, but winked and nodded away all the way back up to the #1 online retailer spot.  So often, obstacles are easily surmounted.  I get the \"\"personal responsibility\"\" angle for all involved, but social/financial pressure can be brutal.  The problem is that situations are left as is and the moneyed parties are \"\"enrichingly ignorant\"\".  My guess is few compile stats on SOL Uber/Lyft drivers in similar situations.\""}
{"text": " Lol..the MSM is using the nazi card to discredit all of Trumps supporters. It isnt going to work because we dont support nazis. We support free speech and the right to assemble peacefully.  [We know who we are. Dont let them brand us with their vitriol and hateful rhetoric.](http://i.magaimg.net/img/15ug.jpg)"}
{"text": " Throwaway account was a good idea.  I work in government sourcing and depending on what government you work for, what you're doing is illegal as shit.  Federal stature and most state statute prevent a government employee from 1) getting paid for another job while being paid by the government for working during the same period (double dipping), and 2) being involved in the selection process of a vendor with whom the employee has a vested interest.  Additionally, if you work in a position that requires you to complete an ethics form and certify it, you will be further breaking the law if you don't disclose ownership by falsifying a government document.   Realistically, you're probably just full of it, but if you're telling the truth what you're doing is unethical and probably illegal.  And before you get too smug, you should know that government auditors aren't nearly as incompetent as you might think. Just overworked. It might take a year or two but I'm guessing they figure it out eventually. Government procurement and auditors generally have to verify things like company registration documents, etc...before awarding contracts and any time a contract is renewed. The auditors go back and look at those documents. It won't be hard to figure out what's going on, especially if you were the PM for the project."}
{"text": " You should find the test centers and pathology labs for HIV test in Canada. Easy Meds Health is the perfect place for you, where you can buy online affordable medicines. That you need to know about getting an HIV test in one place. Why, when, where, what's involved, and what happens after? Whether you have HIV is to get tested. The Easy Meds Health recommends that everyone between the ages of 13 and 64 get tested for HIV at least once as part of routine health care. Knowing your HIV test status gives you powerful information to help you take steps to keep you and your partner healthy. You can also visit our website for more information."}
{"text": " \"How will 45K-60K \"\"end up in your pocket\"\"?  Are you selling your home?  Where are you going to live?  You talk about moving to Arizona, what is so magical about that place? Congratulations on making a wise purchase.  Some people with new found money use it to correct past mistakes.  However, if they do not change their behavior they end up in the same situation just less them money they once had. While 50K income is respectable at your age, it is below the national average for households.  One factor in having a college education is those with them tend to experience shorter and fewer periods of unemployment especially for males.  Nothing will ever replace hustle, however.  I'd ask you to have a plan to raise your income.  Can you double it in 5 years?   You need to get rid of the revolving debt.  Do that out of current income.  No need to touch the house proceeds for something so small.  Shoot for 9 months. Then you need to get rid of the speeding fines and the vehicle loan.  That is a lot of vehicle for your income.  Again, I would do that out of current income or by selling the vehicle and moving to something more inline with your income.   As far as to moving or flipping foreclosures that is more of a question that has to do with your hopes and dreams.  Do you want to move your children every 3 years?  What if you move to Arizona and it turns out to be quite horrible?  You and your wife need to sit down and discuss what is best for your family.\""}
{"text": " An email stating that you'll move in is quite a bit different from signing a full lease agreement.   Technically the email amounts to a legal agreement.  However, as long as penalties for breaking the contract weren't part of the email conversation then you won't have any.  The current tenant will really have no recourse with you."}
{"text": " Well it has not been proven that any of that actually happened as far as i can find out.  I do think they are pretty sketch, however yelp ranks high in a lot of searches and people tend to use it a lot.  I look at yelp like paypal.  I hate the company and wish other good alternatives where around, but everyone uses it so its best to use them.  If he gets reviews from established yelp members they will stay."}
{"text": " This image is an advertisement from this week's Barron's. The broker would want to put himself in the best light, correct?  This shows you that of their current accounts, 53.5% are not profitable. And these guys have the best track record of the list. Also keep in mind that their client base isn't random. The winners tend to stay, so even if it were 50/50, the 50% of losers might represent many times that number of people who came to the table, lost their money and left."}
{"text": " Prepaid Legal is a publicly traded company worth over $600M. They've been around for years. So it's not a fly-by-night operation. I don't know enough to comment on whether their kind of MLM is legal."}
{"text": " \"Markets are amoral. If you don't buy stock in a company that has high growth/earnings, someone else will. By abstaining you will actually make it cheaper for someone else who is interested in making money.  Investing in \"\"socially responsible\"\" funds will only ensure that you have less money to make a moral difference in the world when you decide to transition from working to philanthropy. Edit to clarify -- You aren't interested in buying individual stocks directly, that leaves you with two general options: You can make a statement with your investment now, or you can take the better returns and make a difference with your money later.\""}
{"text": " If that means keeping your job a year or two more, I can see most truckers taking that bargain to side with Walmart so.  Amazon and their delivery drones certainly won't be loyal to truckers anyway.  You can trust incompetency (comparatively) won't change over night and backstab you at least"}
{"text": " It seems like all the companies on their scale treat their employees like garbage. However, I try not to shop at those places. The invisible hand of the market impacts Wal-Mart, but it has little real impact. Look at this thread, some people praise Wal-Mart because of this, but they've been treating them badly for decades."}
{"text": " A Yen is like a penny.  Buy a chocolate bar 100\u00a5 or \u00a31.00.  Should the UK get rid of pennies and only price things to the pound?"}
{"text": " Turns out the verge isn't a good source. NYC bans rentals for short stays unless physical requirements are met within the building itself.   Again, not out right ban. You're a very dumb person.   Also, regulation has still crushed supply in NYC so my point, despite your whining and moving the goalposts to help yourself out, still remains."}
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{"text": " \"There are no guarantees in the stock market. The index fund can send you a prospectus which shows what their results have been over the past decade or so, or you can find that info on line, but \"\"past results are not a guarantee of future performance\"\". Returns and risk generally trade off against each other; trying for higher than average results requires accepting higher than usual risk, and you need to decide which types of investments, in what mix, balance those in a way you are comfortable with. Reinvested dividends are exactly the same concept as compounded interest in a bank account. That is, you get the chance to earn interest on the interest, and then interest on the interest on the interest; it's a (slow) exponential growth curve, not just linear. Note that this applies to any reinvestment of gains, not just automatic reinvestment back into the same fund -- but automatic reinvestment is very convenient as a default. This is separate from increase in value due to growth in value of the companies. Yes, you will get a yearly report with the results, including the numbers needed for your tax return. You will owe income tax on any dividends or sales of shares. Unless the fund is inside a 401k or IRA, it's just normal property and you can sell or buy shares at any time and in any amount. Of course the advantage of investing through those special retirement accounts is advantageous tax treatment, which is why they have penalties if you use the money before retirement. Re predicting results: Guesswork and rule of thumb and hope that past trends continue a bit longer. Really the right answer is not to try to predict precise numbers, but to make a moderately conservative guess, hope you do at least that well, and be delighted if you do better... And to understand that you can lose value, and that losses often correct themselves if you can avoid having to sell until prices have recovered. You can, of course, compute historical results exactly, since you know how much you put in when, how much you took out when, and how much is in the account now. You can either look at how rate of return varied over time, or just compute an average rate of return; both approaches can be useful when trying to compare one fund against another... I get an approximate version of this reported by my financial management software, but mostly ignore it except for amusement and to reassure myself that things are behaving approximately as expected. (As long as I'm outperforming what I need to hit my retirement goals, I'm happy enough and unwilling to spend much more time on it... and my plans were based on fairly conservative assumptions.) If you invest $3k, it grows at whatever rate it grows, and ten years later you have $3k+X. If you then invest another $10k, you now have $3k+X+10k, all of which grows at whatever rate the fund now grows. When you go to sell shares or fractional shares, your profit has to be calculated based on when those specific shares were purchased and how much you paid for them versus when they were sold and how much you sold them for; this is a more annoying bit of record keeping and accounting than just reporting bank account interest, but many/most brokerages and investment banks will now do that work for you and report it at the end of the year for your taxes, as I mentioned.\""}
{"text": " \"Fuck exempt salary positions.  The necessary reform is overtime for anyone who isn't a partial owner.  If you own a company and want to work a 100 hour week, fine.  But you cannot hire an \"\"exempt\"\" employee and work them 100 hours because of some classification.  Any non-owner should get overtime.  That would fix the massive unemployment/underemployment problem straight away.  If businesses can't force people to work two jobs for the pay of one, they'll have no choice but to hire more people.  The other problem is unpaid internships.  If someone works, they get minimum wage.  Probably more.  Remember, people fought and died for 40 hour weeks and fair labor laws.  Asshole corporations have fought to deny this.  I'm surprised they haven't tried to repeal child labor laws yet.  Most of them would be happy with ten year-olds working ten hour days for nothing.\""}
{"text": " Yep, you got me.  I misread that portion.  That must mean everything else I said must be false.  Looks like it is time for you to move on to the next uneducated poor soul and save the world, one tax loving citizen at a time...."}
{"text": " Metropolitan Shredding is a proud Australian owned and operated shredding company providing secure document destruction, security bins and paper shredding services. We have years of hands on experience in the industry, visit us now if you are looking for secure document destruction in Brisbane."}
{"text": " The top attribute of the companies offering these machines under the tag of earthmoving equipment hire is that they have a dedicated staff for the care and maintenance of the machine and the experts say that perfectly running and good quality equipment is a pre-requisite, if you want to minimize the chances of mistakes in your project."}
{"text": " Yes, I think you're correct. I think it was more like.  Paul Singer: Pay up on time and in full or I will ruin your credit history so bad you'll never be able to get a loan again.   Argentina: Burn the house, we will call the BRIC bank to re-build."}
{"text": " Lanyard Solutions offers cheap custom printed lanyards in Australia with the highest quality products at the lowest possible prices. Lanyard Solutions has a combined 15 years of experience in the lanyards and conference supplies industry to serve all of your needs. Visit http://www.lanyardsolutions.com.au/blog.aspx for more information about their services."}
{"text": " You may be using the wrong method to get your money back.  As others have said, this is not a valid use for chargeback; that is when a fraudulent charge occurred, or when a merchant charges you incorrectly. However, many cards have various kinds of guarantees, one of which might cover this situation. Particularly in some european countries, such as the United Kingdom which has Section 75 allowing you a recourse, services are included with goods.  Goods are typically the only covered elements in the US, though, but check your credit card agreement to be sure. Second, you can go through the FTC.  They will provide you a sample form letter to request a refund of your money, and if the merchant is not cooperative might choose to help you directly (especially if many others are in your situation)."}
{"text": " You\u2019re asking for a loan value that\u2019s equal to 20% of your income. You need to calculate all bills that you pay and see what you have left over. If your current bills are more than 65-70% of your income you\u2019ll have a tough time getting a loan."}
{"text": " Attempting to treat every BU as a profit center is doomed for failure.   Some of the record keeping for charge back models are good for data collection and any BU that primarily acts as a profit center can easily do charge backs with other BUs that utilize their services (say a publishing company asking the BU in charge of printing to provide some internal material). If the business function is not a core competency and is not a profit driver it is a cost center and should be treated as such.   For cost center based BUs record keeping, budgeting and controlling your commitments are key however you have a higher chance of being jerked around in some scenarios, this really comes down to the kinds of leadership around the BU."}
{"text": " Several states have compensation programs for victims of violence, and it's been around for decades.   I got compensation through a Los Angeles program 35 years ago.   Someone made a YSK post for the sake of anyone who was a victim of the Las Vegas shooting.   Poor folks are covered through Medicaid, seniors and handicapped folks through Medicare."}
{"text": " What asset allocation is right for you (at the most basic the percentage if stocks vs bonds; at the advanced level, percentage of growth vs value, international vs domestic etc) is a function of your age, retirement goals, income stability and employment prospects until retirement.  Roth IRA is orthogonal to this.  Now, once you have your allocation worked out there are tactical tax advantage decisions available: interest income, REIT and MLP dividends are taxed at income and not capital gains rate, so the tactical decision is to put these investments in tax advantage accounts like Roth and 401ks.  Conversely, should you decide to buy and hold growth stocks there are tactical advantages to keeping them in a taxable account: you get tax deferment until the year you choose to sell (barring a takeover), you get the lower lt cap gains rate, and you can employ tax loss harvesting."}
{"text": " I think we need some reform on what can be pat ended, but eliminating IP all together is a terrible idea. It would destroy any chances for a startup company to thrive. Let's say you invent a new widget (not an Android widget), but only have a small amount of capital to get started.   What stops a large company like Apple, Samsung, or Sony from taking your widget and copying it exactly? They have the capital to manufacture it on a global scale while you are stuck as a startup who had their idea stolen. Without IP they could do this without any repercussions."}
{"text": " This has never really adequately explained it for me, and I've tried reading up on it all over the place. For a long time I thought that in a trade, the market maker pockets the spread *for that trade*, but that's not the case.  The only sensible explanation I've found (which I'm not going to give in full...) is that the market maker will provide liquidity by buying and selling trades they have no actual view on (short or long), and if the spread is higher, that contributes directly to the amount they make over time when they open and close positions they've made.  It would be great to see a single definitive example somewhere that shows how a market maker makes money."}
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{"text": " \"Cars depreciate the most their first year after introduction. So you could buy a \"\"new\"\" car in year 2 for the optimal price, and at year 4 (when you finish paying yours off) you could buy the next car in year 2 (this is surprisingly similar to rolling options in a buy-write strategy, an arguably more constructive use of your money)\""}
{"text": " Over the long run, you can expect to do about as well as the market itself. Depending on what time period you view, the stock market has typically provided returns of approximately 10%. Some years it is up, some years it is down. You may think you can get better returns, but you are mistaken. You may be able to do better over a short time period if you take on vastly more risk, but you won't be able to do so long term. In order to make $2000/month, then, you will need approximately $240,000 to invest. And even then, you won't make that kind of return reliably. Some months, some years, you'll make more. Other times, you'll lose money. If anyone tells you they can double your money in a month (which is what you are hoping for), walk away. Because it is either illegal or a scam. The only way your plan can work is if you are reliably able to predict stocks which will go up by 10% in the next two days. You cannot do this. You can't even predict which stocks will go up by 10% in the next year."}
{"text": " I hate articles like this because it encourages irrational investing behavior and increases the chances of people falling victims to scams   At the time of the article there was absolutely no guarantee that Netflix was going to beat Blockbuster.    Blockbuster was the big whale and instead of taking Netflix seriously they held on to their money maker for too long and then failed to compete when they tried to pivot to renting DVDs and streaming.    If Blockbuster handled Netflix how Facebook is handling Snapchat (copying every feature and rolling it out to every asset they have) Netflix could have just as easily died."}
{"text": " \"My big gripe with the ICO name and corresponding mania is that it has no similarity to an IPO.  At best an ICO is a seed stage investment in a wholly unproven technology/idea/theoretical use. A developer team gets together to write a fancy whitepaper, then build out a nifty website to display the idea they are working on.  Generally this idea has no practical immediate use.  Generally this idea is still nothing more than an idea.  At best the idea will be realized by substantially reusing the open source codebase of a different coin with slight tweaks.  The developers then go get an exchange or two involved to begin trading the tokens.  One exchange even goes so far as to begin trading IOUs for the tokens before the ICO takes place.  It's shear insanity driven by this mania to have the next bitcoin for $0.00001 each. When a real organization goes through the real, regulated, IPO process it has already had its seed funding then subsequent equity financing rounds, THEN once the company has demonstrated that it has a valuable product or service and a competent management team shares are allowed to be sold to the public.  By US law, seed stage companies are forbidden from seeking investment from unaccredited investors (this doesn't mean unaccredited investors are forbidden from investing).  An accredited investor is someone with over $200,000 per year of income or a net worth of over $1,000,000.  Seed stage organizations have an exceptionally high rate of failure, no matter the proposed business.   These ICOs are little more than developers fleecing naive \"\"investors\"\" by selling them the pipe dream of being on the ground floor of the next bitcoin.  It's really appalling.  You should stay away from them, everyone should stay away from them, and the people running them should be punished.\""}
{"text": " Bitfinexnetwork is a portfolio management program headquartered in London (UK). We already have a plant set-up that mines ethereum and G-CAS. Our plant or mining pool is in China. We mine crypto currencies and trade them further. People buy servers and lease back to us. When they lease them back, we offer them to participate in the output that we receive in the form of \u2018\u2019fixed returns\u2019\u2019. Bitfinexnetwork is India\u2019s first portfolio management program that has a physical presence in sec 63, Noida. To maintain transparency among our members, anyone is allowed to come and meet us and have complete knowledge about the crypto world. We have taken official API from Bitfinex.com for trading purpose. Just to clarify, this is the only relationship between Bitfinex.com and Bitfinexnetwork.com. Our goal is to make mining and trading accessible to all users regardless of age, location, investment, technical nouse or experience. We want to give our customers an opportunity to try out cryptocurrency mining and earn Bitcoin as a reward. On a larger scale, we hope to contribute to the development of mining services and subsequently to the development, establishment and adoption of Bitcoin both as a currency and as an economic system"}
{"text": " Ditto @MichaelBorgwardt Just to get concrete: I just checked one bank in India and they say they are paying 4% on savings accounts. I don't know what you're getting or if 4% is typical in India, but it's at least an example. So if the bank pays interest based on average daily balance, and you left the money in the bank for a week, you'd get 4%/52 = .077%. So on Rs 95,000 that would be Rs 73. I live in the US where typical interest on a savings account today is about 1%. So an equivalent amount of money -- I think that would be about $1,500 -- would get 1/52 of 1%, or 29 cents.  Don't leave the lights turned on while you do the calculations -- you'll spend more on the electricity than you make on the interest. :-) ** Addendum ** This suddenly reminds me ... I read a news story a few years ago about a man who was expecting a tax refund check from the IRS of a few hundred dollars, and when the check arrived it was for several million. Well obviously it was a mistake. But he came up with the clever idea: Deposit the check in an interest-bearing account. Promptly contact the IRS, inform them of the mistake, and ask how and where to go about returning the money. Hope that it takes at least a few days for them to figure everything out. Then keep the interest accumulated on the several-million dollars for the time that he had the money. And as he contacted them immediately about the error, they can't say he was trying to hide anything. It was a nice try, but it didn't work. They demanded he send them the interest as well as the principle."}
{"text": " It feels a bit like the entire system needs an overhaul, one wonders if a more automated economy and rising presence of AI will enable it or be an ethical barrier. It seems there's poor long-term planning for these sorts of issues where UBI is a last-ditch fix for a system that's no longer working for the working class."}
{"text": " There is a mathematical way to determine the answer, if you know all the variables. (And that's a big if.) For example, suppose you rent for 4 years and the price of rent never increases. The total amount you will have paid is: 600*48 = 28,800. If you currently have money sitting in the bank earning only a negligible amount of interest, and you can purchase the house for X, and then sell it for exactly what you paid 4 years from now, and you have 0 expenses otherwise, then purchasing it will save you 28,800 compared to renting. Obviously that makes some assumptions which are not possible. Now you need to calculate the variables: All of these variables can drastically effect the profit margin, and unfortunately they will vary greatly depending on your country, location, and the condition of the home. Once you estimate each of the variables, it's important to realize that if you purchase, your profit or loss can swing unexpectedly in either direction based on appreciation/depreciation which can be difficult to predict, in part because it is somewhat tied to the overall macro-economy of where you live (state or country). On the flip side, if you rent, it's pretty easy to calculate your cost as approximately 28,800 over 4 years. (Perhaps slightly more for modest rent increases.) Lastly, if you elect to purchase the house, realize that you're investing that money in real estate. You could just as easily rent and invest that money elsewhere, if you want to choose a more aggressive or conservative investment with your money."}
{"text": " No. Current account is not a requirement. You can use savings account. You would need to pay taxes on interest. Savings account have limitation on number of withdrawal in a quarter, hence most sole proprietorship have current account."}
{"text": " Credit in general having no significant change between an income level or net worth is due to the economic reciprocity principle inherent in many societies. Although some areas of credit may be more admirable to those who aren't as well-off, such as car loans, the overall understanding of credit is a trust agreement between someone getting something (e.g., credit card user) and someone giving something (e.g., bank or company). Credit doesn't have to mean just money -- it can be anything of value, including tangible materials, services, etc. The fact is that a credit is a common element in most economical systems, and as such its use is not really variable between income levels/etc. Sure, there is variance in things like credit line amounts and rewards, but the overall gist is the same for everyone -- borrowing, paying back, benefits, etc. All of these exchanges form the same understanding we all know and follow. Credit brings along with it trust -- the form represented in a score. While not everyone may depend entirely on credit, and no one should use credit as a means of getting by entirely (money), everyone can understand and reap the benefits of a system whether they make 10K a year of 10M a year. This is the general idea behind credit in the broadest sense possible. Besides, just because one has or makes more money doesn't mean they don't prefer to get good deals. Nobody should like being taken advantage of, and if credit can help, anyone can establish trust."}
{"text": " &gt;If you want to claim such nonsense then you have to prove it.   Honestly this all scans with the same naivety as the communists saying WELL IT HASN'T BEEN TRIED PROPERLY YET. I mean, it only takes to the third paragraph until you get full on tin foil saying ALL THE WARS ARE BORNE OF STATES. I mean there have been no non-states since the bloody bronze age. Great argument there. Lost my interest completely. I suppose that makes me a 'statist', are you going to call me a cuck next?  I do love the irony that you say I have no evidence or reason to support something like 2 paragraphs after you say market monopolies are a myth - I mean it's not like there aren't many historical monopolies to point at to prove you wrong. Why not the east india company for example - got a royal charter to literally do whatever the hell it wanted. Doesn't get more free market than that. Ended up fucking everything up and killing a whole bunch of people, which ultimately seems to be the measure of how badly your philosophy fucks up.   Ultimately i find this philosophy unnecessarily reductionist, it lacks the nuance and resource flexibility to deal with shocks to the system such as external invasion or environmental catastrophe i.e.what protection do you have from these private courts if someone is polluting your water supply? Your air? What defines 'your air' and 'your water'? The company that's polluting it want to use that other court which is far more lenient on pollution than the one that you'd like. They also have a lot more in the way of money &amp; resources than you - how do you resolve that?   I mean these are all hypothetical worst case scenarios; it's not like there was a complete breakdown of law an order in the old west - but it's not like it was a particularly nice place to live either. I mean, the current system is far from perfect, but all this sounds a lot like burning the house down to get rid of a spider; Democracy is the worst form of government - except for all the others."}
{"text": " &gt; Have you considered going outside and experiencing the world around you  Technically I was in a Vegas airport once. As for how judging things you know nothing about, way to demonstrate your point by making some totally idiotic assumptions about me."}
{"text": " I am a man and I not in Silicon Valley but I work in a similar male oriented industry and there is truth to that. I have worked with women that get the reputation that they are not worth the risk. When a woman calls out what sometimes are/are not sexist remarks or makes it known that she will not tolerate any form of gender differentiation, they are branded as being difficult and redflagged and many will avoid working with her. Its innate. You have to fight against those stereotypes but sometimes women bring attention to issues that are not necessarily there."}
{"text": " \"The office = the entire floor or shared space. It's a common term used by Americans to describe their company as a whole. Ie; \"\"I have to be in the office  for meetings tomorrow, I can't work from home\"\"   No offices = personal private offices within \"\"the office\"\" (above). Ie; \"\"I have a corner office with a view which is nice for conducting private matters with new clients\"\"     Kinda confusing how they mean different things for the same word.\""}
{"text": " Go to your local credit union and open an account there! Why do people put up with banks? Big banks are for business not for regular folks, they will nickel and dime you all the time, and that's the honest ones, the scum like WF will just trash you."}
{"text": " Thanks for that. After a while I was just writing for the enjoyment of writing (and because my wife is out of town) but it's cool that you followed it all the way and compliments are always appreciated! I long ago learned that the art of successful debate is at least 50% the ability to refrain from name calling."}
{"text": " If you use tax software to prepare your taxes, most packages have a planner for the next year.  You could use that."}
{"text": " \"We payed off our Mortgage early...at first in small extra payments to principal, and finally a lump sum.  Each extra payment to principal reduced the balance, and reduced every payment going forward.  I have, somewhere, an excel spreadsheet where I tracked this...  - =CUMIPMT((interestRate/12),term,pymtNumber,balance,balance,0) computed the interest payment due  - =currentPrincipal + CUMIPRINTresultAbove computed the monthly principal payment Occasionally I would update the month-ending Principal balance against what the mortgage company told me.  It was usually off by a little.   My mortgage company required me to specifically contact them for a payoff amount before I wrote the final check.   I've never heard of a mortgage where prepayment of all expected interest following the original schedule is required.  I would guess it is against federal (US) law.  Lets think about that for a moment...  out of \"\"interest\"\", I recently computed that for our 30 year loan at 6-5/8% on about 145, we payed a total of 106000 in interest.  That include a refi to 4-7/8 10-years in to a 15-year loan, and paying it off 20 years after the original loan was granted. As far as not paying all the theoretical interest due...  - If they get a fixed dollar amount of service interest back, there's no incentive to me to pay on-time.  I owe the same amount if I pay it today or if I pay it 6 months late, after I gambled the mortgage money and finally won.  (yea, I know they could write the mortgage to penalize me for paying late, but I'm ignoring that)  - if you were requried to pay off all the interest that might accrue, how could you ever sell your home, or refinance, for that matter?  When I refi'd, the new holder payed the old holder 98,000.  If the original holder had required prepayment of all the interest that would be accrued to the original schedule, the new mortgage would've been 200k.  It would just never be a good deal to buy a home if mortgages worked under that term. I have had a car loan that worked differently -- they pre-computed the total interest due and then divided it over the term of the loan equally.  I could pay off early and they stopped collecting interest.\""}
{"text": " Buying a property and renting it out can be a good investment if it matches your long term goals.  Buying an investment property is a long term investment.  A large chunk of your money will be tied up with the property and difficult to access.  If you put your money into dividend producing stocks you can always sell the stock and have your money back in a matter of days this is not so with a property. (But you can always do a Home equity line of credit (HELOC)) I would also like to point out landlording is not a passive endeavor as JohnFx stated dealing with a tenant can be a lot of work.  This is not work you necessarily have to deal with, it is possible to contract with a property management company that would place tenants and take care of those late night calls.  Property management companies often charge 10% of your monthly rent and will eat a large portion of your profits.  It could be worth the time and headache of tenant relations.  You should build property management into you expenses anyway in case you decide to go that route in the future. There are good things about owning an investment property.  It can produce returns in a couple of ways. If you choose this route it can be lucrative but be sure to do your homework.  You must know the area you are investing very well.  Know the rent, and vacancy rates for Single family homes, look at multifamily homes as a way of mitigating risk(if one unit is vacant the others are still paying)."}
{"text": " Twitter (and Facebook) are media companies. They make money selling (user generated) content to advertisers. To do this affectively, they need people on the ground in each market who speak the language and know the local customs.  If your question is why don't they make larger profits, is this their focus? Growth is THE major factor in stock price for a startup / newly floated company."}
{"text": " Building tanks and helicopters is the use of the countries economic resources for goods that provide no net benefit to the economy beyond their construction price.  If, for example, the government wanted to stimulate the economy by spending $1 trillion on something, sure, the country's GDP would by definition increase by $1 trillion, and there'd probably be some multiplier effect by those workers now having additional money to spend on other goods.  There's also going to be some negative effects on other sectors of the economy because the prices for labor and raw materials will go up because of the increased demand from the government.  If the government is buying $100 billion in steel and aluminum, you can bet that the spot prices of steel and aluminum is going to jump up, squeezing any private industries that need to buy those resources.  Now the question is what do you spend that $1 trillion on to get the biggest bang for your buck.  Military hardware accomplishes the goal of having something disposable to buy with $1 trillion, but little additional benefit to the private economy.  If you instead spent $1 trillion on building infrastructure (bridges/roads/dams/pipelines/flood control), scientific research, or education, you've now generated goods that have their own intrinsic value to society beyond their cost - whether it be less traffic, new scientific discoveries, or a more educated workforce."}
{"text": " You purchased the check from the bank. Your funds have been transferred. If the recipient never cashed the check, the money continues to be the bank's, just as if you had written s normal check that didn't get cashed the money would sit in your account."}
{"text": " Assuming that luxury goods like cars are currently owned by the rich, taxing them further would simply raise the prices of the goods further on the market. I would suggest giving a small number of goods like cars to random members with low cash, who can then bring down prices. They will then have more cash too."}
{"text": " Obviously you must be an Israeli and a Jew or you must be living on another planet.  You want pictures? [Here is a complete website](http://www.peterloud.co.uk/palestine/)  There is really no need to played the aggrieved and horrified party now . .the game is over and the world knows"}
{"text": " No problem, glad you responded &amp; I hope it is useful to you. Most of that stuff is actually how upcoming technology will effect dell not so much the economy but some of it goes hand in hand. Best of luck to you on you project. Also, thank you for the thank you.  I've responded to too many posts of people asking for help that never respond to their own posts so kudos to you."}
{"text": " &gt; People should come before profits.   The entire Corporate Charter process is in United States law. It does say profit comes before people, it's called fiduciary responsibility. I haven't seen any political parties rise around this topic -- so I'd assume corporations hurting people isn't as big as Reddit makes it out? Otherwise most Americans would change how they vote and find a new party?"}
{"text": " \"You don't need a law degree, but it is pretty negligent to ask the internet legal advice. But hey, I guess you know better than me man.  My statements were more to say \"\"I don't know how nebraska works so you can't assume what I say is true everywhere.\"\"  Speaking of which &gt;Nepotism laws only apply to public sector jobs.  Doesn't apply everywhere anyway. You shit on me for trying not speak in incorrect definitive yet you then go ahead and make a false statement unilaterally.\""}
{"text": " &gt;The people that are successful are the ones who had the wisdom, intelligence, and/or drive to capitalize on that moment.   And were lucky enough to have had parents who gave them the genetic predisposition to act that way. You could have just been born an idiot, or in a location where you would not be given that moment, and there is nothing you can do to stop that."}
{"text": " \"Shady isn't quite the right word.  They know that most of their customers are going to quit soon after they begin -- as in \"\"before the end of January\"\" -- so they lock you in while you're motivated.  And of course they're going to make it difficult for you to quit. No choice but to read their contract, understand it completely, follow their rules, and meet their deadlines.  There's lots of freedom for them and lots of restrictions for you.  It's like this if you're not the one writing up the contract.   However ... do you have a YMCA around?  Our YMCA has an initiation fee, but beyond that it's month to month.  Most flexible gym membership I've heard of.  If you lapse for too long they'll make you pay another initiation fee to rejoin, but there's no penalty for canceling.  Not all Y's are like that, but check around to see.\""}
{"text": " \"What I've found works best when working on my personal budget is to track my income and spending two different ways: bank accounts and budget categories. Here is what I mean: When I deposit my paycheck, I do two things with it: It goes into my checking account, so the balance of my checking account goes up by the amount of my paycheck. I also \"\"deposit\"\" the money from my checking account into my various budget category balances.  This is separate from my bank account balances.  Some of my paycheck money goes into my groceries category, some goes into clothing, some into car fuel, entertainment, mortgage, phone, etc.  Some goes into longer range bills that only happen once or twice a year, such as car insurance, life insurance, property tax, etc.  Some goes into savings goals of ours, such as car replacement, vacation, furniture, etc. Every dollar that we have in a bank account or in cash in our wallets is also accounted for in a budget category.  If you add up the balances of our bank accounts and cash, and you add up the balances of our budget categories, they add up to the same number. When we make a purchase, this also gets accounted for twice: The appropriate bank account (or cash wallet) balance gets reduced by the purchase amount. The appropriate budget category gets reduced by the purchase amount. In this way, we don't really need to worry about having separate bank accounts for different purposes.  We don't need to put our savings goal money in a separate bank account from our grocery money, if we don't want to.  The budget category accounting keeps track of how much money is allocated to each purpose.   Now, the budget category amounts are not spent yet; the money in them is still in our bank account, and we can move money around in the categories, if we change our mind on how to allocate them.  For example, if we don't spend all of our gas money for the month, we can either keep that money in the gas category, or we can move it to a different category, such as the car replacement category or the vacation category.  If the phone bill is more than we expect, we can move money around from a different category to cover it. Now, back to your question: We allocate some money from each paycheck into our furniture category.  But the money is not really spent until we actually buy some furniture.  When we do, the furniture category balance and bank account balance both go down by the amount of the purchase. All of this can be kept track of on the computer in a spreadsheet.  However, it's not easy to keep track of so many categories and bank balances.  An easier solution is custom budgeting software designed for this purpose.  I use and recommend YNAB.\""}
{"text": " Ask your bank to recall the transfer (as if went to wrong account and you have inform the bank about it).  Secondly get a police report in the country where you sent the money from and where it was sent to, and state the person's name and account details.  Ethically this person should return the funding, but if he or she wants to play gangsters paradise, then you want to take police action and push your bank to take the funds back by RECALLING THE FUNDS UNDER INDEMNITY.  Ask your bank to give you a copy of the message they have sent to the beneficiary's bank.  Use this wording and you will have success. Contact the beneficiary bank also and give them details."}
{"text": " \"Not sure why this hasn't received any answers yet... the link to the investopedia page you posted explains it pretty well, however when you hear about a golden cross in the media, it is most likely a reference to the 50-day SMA crossing above the 200-day SMA.  In general, a golden cross consists of a short term MA that was previously below a long term MA crossing above that LT MA, however the most common reference will imply a 50/200 day cross because this is considered as a stronger signal (compared to shorter MAs). With that said, it's important to realize that the golden cross is just one of many technical analysis \"\"signals\"\", and the entire field of technical analysis is considered controversial, to say the least.  Many studies, such as those examined in A Random Walk Down Wall Street, have found that after transactions costs are considered (e.g., the commissions you pay to your broker on every trade), \"\"charting\"\" is a losing proposition in the end.\""}
{"text": " I'd recommend LinkedIn instead for this purpose. I'm an admin for a business page on both platforms and in the US, Facebook is highly competitive paying little attention to group affiliates, more focused on consumers or prospects. You are lucky to even get a like from a vendor. LinkedIn however has groups directly associating B2B."}
{"text": " Can you offer an alternative solution?   Sounds like you are not well versed in the reasoning for fiat money. Before trying to pass opinions that you have not formed on your own I would do some research.   So go ahead, I challenge you. What is a better way?"}
{"text": " The reason is because there's basically no incentive for anyone to not be unrealistically optimistic (aka lie). The management wants to show its being active so they aren't replaced. The IB trying to sell a company wants to make it look as good as possible. The bank providing a loan for the acquisition needs to make it look good for their risk committee, so they won't try to sour down the claims in the CIM too much. The acquired company would rather make more money than less. The only person who loses is the shareholder. It's an agency problem."}
{"text": " CDs pay less than the going rate so that the banks can earn money. Investing is risky right now due to the inaction of the Fed.  Try your independent life insurance agent. You could get endowment life insurance. It would pay out at age 21. If you decide to invest it yourself try to buy a stable equity fund. My 'bedrock' fund is PGF.  It pays dividends each month and is currently yealding 5.5% per year. Scottrade has a facility to automatically reinvest the dividend each month at no commission.  http://www.marketwatch.com/investing/Fund/PGF?CountryCode=US"}
{"text": " Its highly unlikely to 'collapse', perhaps there will be  managed defaults, yes, but there is no way they will let it collapse as a global depression would follow.  If the euro collapses it will also bring down most of the global economy including the likes of China and the US (not to mention the Germans) and they are not going to let that happen.  http://www.ft.com/cms/s/0/6cf8ce18-2042-11e1-9878-00144feabdc0.html#axzz1y0lc0hy1  P.s. I am surprised we have not seen more suggestions of buying guns, land and building a commune."}
{"text": " That number may be based on a long term historical view of the stock market.  If you look at some long term charts for the DOW  or the S&P500, you'll see that overall the upward trend is pretty good.  However there are some pretty huge flat spots in those charts, and if the majority of your investements have been made during one of those periods, you may not have seen a lot of growth. If you look at periods between 10-17 years or so, you can find places where it would have really sucked to be you (look at the S&P chart and imagine 66 to 83.. OUCH!) and places where things were stellar.   If you expand to about say 30 years or so, then it's hard to find a period without at least some good growth in there somewhere.  If you panicked during a downturn and sold on the low, things of course get much worse.  How your own portfolio has done will depend a lot on how the funds you chose have done, how much you put into equity vs fixed income, and if the fixed income was in actual bonds, or a bond fund..   Bond funds are subject to a lot more fluxuation as interest rates rise or fall than something like a t-bill or i-bond that you own outright and plan to hold to maturity."}
{"text": " \"An annuity is a contract. Its contents are \"\"a contractual obligation from the issuing company\"\". If you want to evaluate how your annuity is likely to fare, you're essentially asking whether or not its issuer will honor its contract. They're legally required to honor the contract, unless they go bankrupt. (Even if they do go bankrupt, you will be a creditor and may get a portion of the assets recovered by the bankruptcy process.) Generally, the issuer will take the proceeds and invest them in the stock market (or possibly in similar instruments - e.g. Berkshire-Hathaway bought a railroad and invests some money in it directly). They invest in these places because that's where the returns are. One of the reason that annuities may have a good rate on paper is that they may end up taking some of your principal, because many are structured as some form of survivor's insurance policy. Consider: If you're 65 years old and have some retirement savings, you'd like to be able to spend them without fear of them running out because you live longer than you expected (e.g. you survive to your 90s). So, you could invest in the stock market and hope for a 7% return indefinitely and then plan to spend the returns - but if those returns don't materialize for a few years because there's a big stock market crash, you're in big trouble! Or, you could buy an annuity contract which will pay you 7% a year (or more!) until you die. Then you're guaranteed the returns unless the issuer goes bankrupt. (Sure, you lose all your principal, but you're dead, so hey, maybe you don't care.) The insurance company essentially sells risk-tolerance. Other annuities aren't structured like this, and may be marketed towards non-retirees. They're usually not such a good deal. If they appear to be such a good deal, it may be an illusion. (Variable annuities in particular are hard to reason about without a good deal of knowledge about how the stock market behaves on a year-to-year basis: many of them have a maximum return as well as a minimum, and the stock market may pile up a lot of its returns into one year, so after a \"\"crash and recovery\"\" cycle you might end up behind the market instead of ahead.) Annuities are a form of safety. Safety can be very expensive. If you're investing your own money, consider whether you need that safety. You probably needn't worry quite so much about the issuer being crazy-fraudulent or Ponzi-esque: you should worry mostly about whether it looks better on paper than it is.\""}
{"text": " Just like many other industries, entertainment is becoming a commodity of convenience which means that it also is getting far less profit margin. It won't die, but the money that keeps the big named companies in the black is slowly petering out. They are going to fight this tooth and nail just as past companies in other industries that have paved the same path have tried. Any sense of success on their part only makes their fall much harder down the road. We are moving into a world where entertainment is more plentiful and cheap, but the cost will be that we see fewer big budget offerings."}
{"text": " \"This is the best tl;dr I could make, [original](https://eurbaninsight.wordpress.com/2017/09/17/modelling-an-agent-based-general-equilibrium-model-in-python/) reduced by 93%. (I'm a bot) ***** &gt; The extension from this partial equilibrium in a single market to general equilibrium reflects the idea that it may not be legitimate to speak of equilibrium with respect to a single commodity when supply and demand in that market depend on the prices of other goods.  &gt; On this view, a coherent theory of the price system and the coordination of economic activity has to consider the simultaneous general equilibrium of all markets in the economy.  &gt; Labor print(&amp;quot;Price:&amp;quot;, price, &amp;quot;Product:&amp;quot; , product, &amp;quot;Labortime:&amp;quot;,labor ) def demand(lili, comps, wage): demand = totalwork = 0 totallabortime = 0 for indiv in lili: for comp in comps: indiv.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70sqwg/how_to_model_an_agent_based_general_equilibrium/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~211887 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*: **Price**^#1 **comp**^#2 **weight**^#3 **def**^#4 **market**^#5\""}
{"text": " Stupid article. People on government assistance typically don't have a great deal of money to begin with, and there aren't exactly many items on Amazon that are at 'dollar store' level prices..and unless one is house-bound level of disabled, you really can't fill a whole grocery list by shopping at Amazon as you could running down to Walmart or Save a Lot."}
{"text": " If you already have the money, put the 20% down but here is another option: You can put whatever you want down...Let's say 10%. For the other 10%, take out a 2nd mortgage. This enables you to avoid PMI. The rate you will get on the second mortgage will be higher than the first but the combination of 2 mortgages may be less than 1 plus PMI. When you get to 20% equity you can refinance and consolidate to one lower rate mortgage without PMI."}
{"text": " Stocks aren't just paper -- they're ownership of a company.  Getting cash from a stock that doesn't pay dividends basically means reducing your stake in the company. If the stock pays dividends, on the other hand, you still have the same shares, but now you have cash too.  You can choose to buy more of the company...or, more importantly, to use it elsewhere if that's what you want to do."}
{"text": " It\u2019s more convenient for both you and the bank; its much simpler to handle things electronically than it is to go through paperwork. Also, its eco-friendly and by saying that they care about the environment, banks earn brownie points with environmentally-conscious customers."}
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{"text": " You're trying to tell me they are as great as Japanese cars?  Actually I have the data to prove you're a moron. Before you run your mouth, show me reliable data  https://www.consumerreports.org/car-reliability/the-most-and-least-reliable-cars-by-class/  CATEGORY MOST RELIABLE LEAST RELIABLE   Subcompact Cars Toyota Prius C Ford Fiesta   Compact Cars Toyota Prius 1 Ford Focus   Midsized Cars Kia Optima 1 Chrysler 200 1   Large Cars Hyundai Azera 1 Dodge Charger   Luxury Compact Cars Lexus CT 200h 1 Acura TLX   Luxury Midsized/Large Cars Infiniti Q70 1 Mercedes-Benz S-Class 1   Sporty Cars Lexus RC 1 Ford Mustang   Minivans Toyota Sienna Dodge Grand Caravan   Small SUVs Toyota RAV4 Jeep Cherokee   Midsized SUVs Toyota 4Runner Jeep Grand Cherokee   Large SUVs Ford Expedition 1    Chevrolet Suburban/GMC Yukon XL   Luxury Compact SUVs Mercedes-Benz GLC 1 Lincoln MKC   Luxury Midsized/Large SUVs Lexus GX Cadillac Escalade   Pickup Trucks Toyota Tundra Ram 2500       Out of the 10 most reliable, 1 is American:   https://www.consumerreports.org/car-reliability/10-most-reliable-cars/     10 least reliable, almost all american:   https://www.consumerreports.org/car-reliability/10-least-reliable-cars/          Sorry big mouth, you're wrong. Nice try though"}
{"text": " A couple of thoughts. Tax benefits are the usual reasons to decide on one residency or another. International tax law is complex, and it's probably best to consult a professional. Certainly without knowing which the other country is I would not want to hazard a guess. If he is really not going to be taxed on the other country, residing there would seem sensible. But... In Canada residency for tax purposes is established for an entire year. If you are resident for more than six months your salary for the year is taxable. Conversely if you are present for less than six months you are not taxable. (This may have changed - it's been twenty years since I did this.) The other issue is healthcare. If you are not resident in Ontario you are not eligible for free healthcare, I believe. He might have to purchase supplemental insurance if he returns occasionally."}
{"text": " Consider a single person with a net worth of N where N is between one and ten million dollars.  has no source of income other than his investments How much dividends and interest do your investments return every year?  At 5%, a US$10M investment returns $500K/annum.  Assuming you have no tax shelters, you'd pay about $50% (fed and state) income tax. https://budgeting.thenest.com/much-income-should-spent-mortgage-10138.html A prudent income multiplier for home ownership is 3x gross income.  Thus, you should be able to comfortably afford a $1.5M house. Of course, huge CC debt load, ginormous property taxes and the (full) 5 car garage needed to maintain your status with the Joneses will rapidly eat into that $500K."}
{"text": " Here is what I would do (my wife has done this and it worked great). Pay off one card. Pay down the other card then find a new card that offers a 0% period on balance transfers. They generally have between a 1%-5% fee with 3% being pretty typical. You will get probably 18-24 months of no interest. At the end of that period, provided it isn't paid off, just open another card and do another balance transfer. After you are done paying everything off get a card that offers cash back bonus and pay for everything using that card, pay the card off at the end of the month."}
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{"text": " As one answer points out, people buying greeting cards care little about whether they cost 25 cents or $5.  Those are both small amounts of money and it's not something you buy often---also people feel the need to spend money because it's a gift. On the supplier side, it should be noted that the cost of cards has little to do with the paper they are printed on.  There is an expectation that cards are new and unique...something the buyer and recipient have never seen.  So they have writers and graphic designers constantly cranking out a large variety of cards and replacing existing cards with new ones, of which only a small number get sold before they move to the next model.  Relatively speaking, there is a lot of human effort per thousand cards sold.  Then of course there is the real estate they occupy in the store (disproportionate to a bunch of pieces of paper) and other retail, marketing, and distribution costs.  I'm not saying margins are particularly thin, but if they were crazy high we probably would see more entry as you suggest."}
{"text": " So why are large US companies privy to the language but large US consumer or civil liberties groups not?  For example, analysts at Cisco, IBM, Intel, and HP have access to the text of the TPP and can make comments to guide policy decisions that will go into the treaty[1], but I don't believe the EFF has had access except for leaks[2].  So, where's my advocate in the negotiations?  Why should I believe the negotiators have my best interests at heart?  Even if the treaty comes back as something generally positive, it's going to be tilted in such a way that those with a spot at the table come out ahead whereas Congress' only option is just 'take it or leave it'.  By extension of my representation in Congress (and even that's kind of weak given the current state of US politics), that's my only option as well.  [1] http://www.flushthetpp.org/tpp-corporate-insiders/   [2] https://www.eff.org/issues/tpp"}
{"text": " As Waldfee says, CFDs are a derivative (of the underlying stock in this case). If you are from the USA then they are prohibited in the USA as has also been mentioned. They are not prohibited, however, in many other countries including Australia.  We can buy or short sell (on a limited number of securities) CFDs on Australian securities, USA securities and securities from many other countries, on FX, and different commodities. The reason you are paying much less than the actial stock price is worth is because you are buying on margin. When you go long you pay interest on overnight positions, and when you go short you recieve interest on overnight positions (that is if you hold the position open overnight). Most CFDs are over the counter, however in Australia (don't know about other countries) we also have exchange traded CFDs called ASX CFDs. I have tried both ASX CFDs and over the counter CFDs and prefer the over the counter CFDs because the broker provides a market which closely but not exactly follows the underlying prices. Wlth the exchange traded CFDs there was low liquidity due to being quite new so there was the potential to be gapped quite considerably. This might improve as the market grows. All in all, once you understand how they work and what is involved in trading them, they are much easier than options or futers. However, if you are going to trade anything first get yourself educated, have a trading plan and risk management strategy, and paper trade before putting real money on the table. And remember, if you are in the USA, you are actually prohibited from trading CFDs. Regarding the price of AAPL at $50, the price should be the same as that of the underlying stock, it is just that your initial outlay will be less than buying the stock directly because you are buying on margin. Your initial outlay may be as little as 5% or lower, depending on the underlying stock."}
{"text": " Rule 610 (Google for it) stands that if Bid and Ask are the same, the market is considered Locked, and the exchange must stop all trading. So the same person can't quote the same bid and ask price. However, HFTs have found ways to circumvent this limitation when exchanges created special order types for them, e.g. Spam-and-Cancel"}
{"text": " As much as people on the internet and ZH-like blogs like to harp on auto deliquencies and other narrow metrics as broader statements about how life around us is all a sham, I feel this article does a good job at discussing the mitigants here.  Notably: 1) that the sub-prime auto market is rather small, so while delinquencies may rise it won't represent a catalyst for a broader financial crisis.   2) The securitized products Santander and others are putting together are structured in a way to account for these defaults and loss rates, so while the relative uptick in default rates is interesting to note, it doesn't necessarily spell doom in absolute terms.   3) The fact that many auto dealers don't verify income isn't uncommon and in fact an industry standard practice due to point #2 above. The statement these dealers have been lying about incomes and/or is not verifying incomes certainly pulls at the heart strings of the 2008 Housing Crisis, but when discussed within the context of how the auto lending market works, it isn't nearly as scary as those statements would suggest in isolation."}
{"text": " It is subjective of course, but when I hire people I'd rather see a shit job for two months than nothing at all.  Not that I'm planning to give the prospective employee shit work, just that they're not lazy."}
{"text": " There are 2 trades involved - keep in mind that the function of the CIO is to hedge out the banks risk from a very high level. Credit and interest rate risk should come to mind since what does a bank do (for the most part)? Loan money.   Trade #1 - The bank is long corporate debt, that's no secret, so they're always exposed to a high amount of macro economic risk. So the CIO hedged this initially by taking a bearish stance on junk bonds. This is somewhat narrow, but still reasonable.   Trade #2 - What you'd call a second order hedge in an attempt to offset the overly bearish but still embarrassingly narrow position in trade #1. All on the Markit CDX IG 9 (Investment Grade Series 9 10yr), Mr Iksil sold CDS tranches out to 2017 and bought to 2012.   So, the books were flat (with a slight optimistic edge) through 2012, and bullish on the economy out to 2017.   Unfortunately, credit markets didn't exactly take off. The economy stayed volatile, and Bruno had to keep digging deeper into the trade, selling back year tranches to buy front the front years. This eventually wonked spreads out so badly that everyone who cared caught on and, when JPM decided the time had come to take their losses, hedge funds started picking them off on the unwinds."}
{"text": " Utilities and cost of living vary from city to city but maybe not that much.  For basic planning purposes you can probably figure to spend as much as you are now, maybe a little more.  And adjust as needed when you get there.  (And adjust if, for example, you're moving from a very low cost of living area or to a very high cost of living area.) The cost of housing varies quite a bit from city to city, but you can do this research using Zillow, Craigslist, other places. Now, on to moving itself.  The cost of moving can vary hugely depending on how much stuff you have and how much work you want to do.  On the cheap end, you can rent a U-Haul or one of those portable boxes that they plant outside your old house and move for you.  You'll do all the packing/loading/unloading/unpacking yourself but it saves quite a bit of money.  My family and I moved from Seattle to California last year using one of those portable box places and it ended up costing us ~$1400 including 30 days of storage at the destination while we looked for a place.  We have a <1000 sq foot place with some furniture but not a huge amount and did all the packing/loading ourselves.  If we had wanted full service where people come pack, load, unpack, etc, it could have been 2-3x that amount.  (And if we had more stuff, it could have been a lot more expensive too.  Try not to acquire too much stuff as you just end up having to move it around and take care of it all!)  Your employer may cover moving expenses, ask about this when talking about job offers.  Un-reimbursed moving expenses are tax-deductible in the US (even if you don't itemize).   Since you're just starting out, your best bet is to overestimate how much you think things will cost, then adjust as you arrive and settle in for a few months.  Try to save as much as you can, but remember to have fun too.  Hope this helps!"}
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{"text": " yes. And the rentals facilitating terrorism is such a ludicrous claim at least compared to what hotels themselves do, namely rent rooms to anyone showing up with a credit card or in the lower tiers even cash. That is even easier than ABnB where at least you have to spend a few minutes to create an account.   The real terrorism risk around hospitality is hospitality being targeted or used for laundering money which is also a lot easier in a large hotel than doing it one ABnB rental unit at a time."}
{"text": " \"+1 on all the answers above. You're in a great position and have the right attitude. A good book on the subject is A Random Walk Down Wall Street - well worth a read. Essentially, go for low tax paying in, low tax taking out approach (in the uk that's a SIPP or ISA), a low cost well diversified unit fund (like a Vanguard LifeStrategy 100), on a low cost platform (\"\"Annual Management Charge\"\" in be UK). Keep paying a regular amount and let compound interest take care of things. I'd also add that you should think about what lifestyle you would want at specific ages and work out what you need to save to achieve these - even though they are probably a long time in the future, it makes your goals \"\"real\"\". Read Mr Money Moustache for some ideas http://www.mrmoneymustache.com\""}
{"text": " Level 1 and level 2 are more equation driven and fairly straight forward. If you have a solid grasp of all the formulas and equations presented you should pass. The curriculum of level 3 is smaller, but from the practice tests and mocks, I've realized that you have to know the material better. Level 3 requires the synthesis of material, where anything from any section can show up anywhere.   Also it doesn't help that I'm not in portfolio management, so maybe 95% of the material is new to me."}
{"text": " You're 100% right! The IRR is the rate at which the project breaks even. You project cash flow/profitability metrics, and then you see what, under your projections, is the discount rate at which your project breaks even (the IRR).   But remember, it breaks even today! So it's saying that you should make a worthwhile investment today because the return that you will obtain at points in the future are worth you putting your investment in today! You still make a healthy return overtime if you project a reasonable IRR, but your IRR is showing you whether it's at least as worth it today to put your money in today (whether, given what you'll make over the future, it's at least as worth it to put your money in today)."}
{"text": " \"Gotta beat them with price and games. You toss xbox on there and you'll have every 14 year old \"\"gamer\"\" screaming to get one. Hell, even if it's just a wrapper for simple games like angry birds.\""}
{"text": " Exactly.  Bosses/managers often frame things in terms of 'you should be thankful for us giving you a paycheck each week' when by definition, you are being paid less than your labour, strictly speaking, is worth.  ie, on the whole what you do is paying the company MORE than you receive.    Personally, I'm fine with this trade off, within reason.  I get to go home at 5, and if the phone rings I ignore it if I like.  If the place folds, no one is coming after me for a share of the company's debts, either.  But don't let anyone blow smoke that by paying you they are being generous."}
{"text": " that could be said about anyone of a million companies in america. thats when the executives track records become relevant. so far so good for musk. no doubt they are venturing into unknown territory but thats half the fun. to be honest with the current state of things a pioneer of this sort deserves america's support."}
{"text": " \"The notion that you can put product on the web and sit back and watch the money roll in is a myth, plain and simple.  If you put content on the web and expect people to pay money for your products (t-shirts, etc), you have to do the work to get your stuff seen by people, and preferably the right kind of people who will buy your stuff. That means you need to know your market and provide something that they are eager to pay for. This doesn't necessarily mean buying advertising to direct traffic to your site - there are plenty of no-cost ways to bring people to your web site, but instead of costing $$ the cost is in effort and time that you have to put into it. Also keep in mind that the more participants you have in your production and fulfillment pipeline, the less you will make off every sale. Hands-off production services like Zazzle or Cafe Press do everything for you, all you have to do is provide the artwork.  However, they also take all the income and pay you a rather piddling percentage of sales.  You can get a larger percentage of sales if you do more of the work yourself - like handmade items sold on Etsy.  But then, you're doing work. Maybe you'll get $1 for each T-Shirt you sell.  If you just upload your artwork to the production service and type in some product description text into their web sales catalog, how many sales will you make in the first month?  Most likely somewhere between zero and two.  Why should anyone buy your shirt over the tens of thousands of other designs carried by the same production service?  It's your responsibility to tell people about your stuff and send them to the site to buy it.  And that means it's not a \"\"passive\"\" income. For truly passive income, invest in bank CD's, treasury bonds, or in stocks that pay dividends.  The only problem with that is you have to have money to make money this way. :/\""}
{"text": " \"If you invest in a foreign bank you are subject to their financial rules and regulations. If you put your money with their CD it will be converted to UAH (grivna) and you will be paid back in UAH, which introduces the exchange rate risk.  FDIC is not the only reason why a CD in a US bank pays a lower interest, but it could be seen as a contributing factor.  It all comes down to risk and what the bank is willing to pay for your money, when a bank issues a CD they are entering the debt market and competing against other banks, governments, or anyone looking for money. If the yield from lending to one bank is the same as the yield of another, the logical choice would be whichever loan is less risky. So in order for the riskier bank to receive loans they must entice investors by offering a greater rate of return. In addition, if a bank isn't looking for loans they might be less inclined to pay for them. - See \"\"What is the \u201cBernanke Twist\u201d and \u201cOperation Twist\u201d? What exactly does it do?\"\" If your looking to invest in the CD's of foreign banks I would suggest doing research on their regulations. Especially if and how your money is protected in the event the bank goes bust.\""}
{"text": " \"Summary: It's because you are effectively contributing more money in the second case, so you have more money at the end.  The effect of being covered by an employer retirement plan (in the case of a 401(k), that means either you or your employer contributed to it during the year) is that it prevents you from deducting Traditional IRA contributions unless your income is below a very low level (for Single filing status, it phases out at an MAGI of between $62k and $72k). Since you are unable to deduct the Traditional IRA contribution, but you entered that you are still making the full $5500 contribution every year, that means you are making a non-deductible contribution of $5500 every year instead of a deductible contribution. Nondeductible contributions are \"\"after-tax\"\", whereas deductible contributions are \"\"pre-tax\"\" (because your taxable income is reduced by the amount of the contribution, so you effectively don't pay income tax on the income you used to contribute). $1 of pre-tax money is not the same as $1 of after-tax money. If your marginal tax rate is 25%, then $1 of pre-tax money is equivalent to $0.75 of after-tax money. However, since in both cases you are putting in the same nominal amount of contribution ($5500), but one is pre-tax and one is after-tax, in the after-tax case you are effectively contributing more money, i.e. more money is taken out from your bank account that year. The $5500 pre-tax contribution is equivalent to only $5500 * 0.75 = $4125 after-tax, i.e. you are only short $4125 from your bank account at the end of the year after making a $5500 deductible contribution, whereas you are short $5500 after making a $5500 non-deductible contribution, so it's not a fair comparison. The non-deductible Traditional IRA contributions are not taxed when withdrawn (though the earnings earned from those contributions are still taxed), so that's why you are left with a greater amount. This is a similar situation to what happens when you try to compare a $5500 deductible Traditional IRA contribution to a $5500 Roth IRA contribution -- it will look like the Roth IRA case leaves you with much more money, but that's again because you are effectively contributing more money, because the Roth IRA contribution is after-tax, so it's not a fair comparison. (The Roth IRA case will produce a much greater \"\"advantage\"\" than the non-deductible Traditional IRA contribution case, because for a Roth IRA, both the contributions and earnings will not be taxed at withdrawal.)\""}
{"text": " First the obvious: Business school rankings are flawed.   I have no doubt that Asian business schools are improving rapidly, and many are already on par with Western universities. Many of the best teachers at US/European schools are also teaching in Asia (I have never had an Asian teacher but I expect that they are as great as their Western counterparts). Also, academic journals accept more and more Asian submissions.   But we also have to put the numbers in perspective. An American student who did an MBA in China will have a hard time getting a job in the US. Even those who go to European universities are met by recruiters with puzzlement. So these the high ranking of Asian schools is really only relevant for Asian students.   In short, what the ranking says is: If you're Chinese, you don't *need* to go to the US or Europe for your business degree. Personally I suggest you still do if you can afford it, because the experience abroad, and the exposure to students with a different attitude, will be an enrichment."}
{"text": " If one is looking at this from the perspective of a store where debits could be how money comes into the store's account and credit is what has to be paid out to customers, then the employee salaries would also be something going out of the account for the store."}
{"text": " I lucked out and bought a beat little 640 sq. ft. bungalow in S.E. Mass for short money in 2008 hoping that I'd be able to build up some equity and upsell into a nicer house (i.e. one with more than three rooms and a roof that doesn't leak).   The good news (I guess) is that I'll be paid off in just a few years, but the bad news is that this little bungalow will have to do for a long time. House prices in the places that I'd like to live are through the roof, and if you're not a cash buyer you're pretty well fucked. I can't afford to sell without the hope that I'd be able to actually buy another house."}
{"text": " Each ATM, the machine, belongs to one or more networks. Those networks work with multiple types of cards. Each card belongs to one or more networks. The overlap of the networks the machine belongs to, and the card belongs to determines if the card works and what fees and limits apply. In general if the credit card belongs to one of the major networks (VISA, Master Card, American Express and Discover) you shouldn't have a problem finding a ATM that will give you a cash advance, or even a cash advance without an ATM Fee. Each credit card network should have a web interface to show you where the ATMs are that will work with the card. If it is a store credit card it still might belong to one of the major networks.  If the bank that issues the card is local you can probably get a cash advance at the bank branch. Use the website to see if the ATM/Branch  locations are convenient for you. The actual limits are a function of the card type, and the credit limit that you have been approved for. In my experience the maximum amount of cash advance outstanding is half the credit limit, but you need to check with your card.  Keep in mind unless you have a special offer from the credit card company expect that there will be a fee charged by the credit card company for the cash advance, this is in addition to a fee charged by the ATM.  Also remember that interest starts to accumulate on day one of the cash advance. It isn't  like a regular purchase that might not be charged interest until the cycle closes and the payment is due.  The documentation from the credit card company will describe all the fees and limits."}
{"text": " Safe deposit boxes are rented out to customers, and their content is not bank's property. Money deposits are not being taken by the creditors if a bank goes bankrupt, for the same reason - its not bank's money, it belongs to the depositors. However, frequently banks go bankrupt because they do not have enough cash at hand to pay back the depositors. In this case, unless insured (up to $250K in the US, EUR100K in EU), some or all of the deposits may not be immediately (or even at all) available. Depositors become creditors of the bank in the bankruptcy proceedings. Safe deposit box, however, is rented to the customer, and the content is not removed by the bank to be used elsewhere, as happens with monetary deposits. So even if the bank is bankrupt and doesn't have enough money to cover the monetary deposits, the content of the safe deposit boxes doesn't magically disappear, and the owner can get it back. The access to the deposit box itself may be limited due to the bankruptcy, but the content will remain there waiting for its owners. In the United States, when a bank goes bankrupt, FDIC takes over it and its assets. Safe deposit box rental contract is an asset. It is taken over by the FDIC and will be sold to a buyer (usually as a part of the whole branch where the box is located), who will continue operating/servicing it."}
{"text": " \"I mean the scripture was written and incorporated long after Roman adoption by Constantine.  Just because the republicans say that is their motivation doesn't mean it is objective. Policy research, the impact of Reganomics shows, and Kansas' own failed tax experiment over the last six years show that belief in \"\"free market\"\" is not a sound basis to make decisions which impact people's health and welfare. Actions have impacts and their belief and explanations do not align with reality.\""}
{"text": " I am using the term homework generically to mean anything that is a part of school work that you should be working on independently.   You can see if the people at r/investing or r/finance will answer your question"}
{"text": " Most answers to this question only address the issue of providing personal information to a scammer. But considering that a lot of questions without the personal information addition get closed as duplicates of this one, I would like to answer the question in the subject: There are several criminal schemes which involve this."}
{"text": " Here are the 7:  1.  Use folders to Help Someone Who Is Not You (Right Now) find what they need  2.  Too many open browser tabs is harmful to your brain  3.  Save time and frustration with a Password Manger  4.  Zap your productivity apps so they work together  5.  Eliminate distractions and find your flow while writing  6.  Manage inbox chaos with Labels  7.  Save your most important content in one place"}
{"text": " I've wondered why anyone thinks it will be more than a speculation instrument. I'd love to hear arguments for it but they always fall short as soon as I think about countries inflating/deflating the value of their own currency."}
{"text": " I think you're missing the point. We all have things we are good at and we all have styles we like to do it in. Was Bach's skills nature or nurture, I think we can assume both. If he had the same nurture in a different time period where a different form of music was dominant would he have found as much success? We can't truly know, but perhaps, perhaps not. If his childhood was different, if his parents were different, would he even have been a musician or a composer? Again, perhaps, perhaps not. Luck is how our parents raised us, the teachers we get in school, the friends we make, how our peers treat us, the year we were born, the random events of our lives, and so much more.   To some degree we make our own luck, yes, but to suggest that we all are dealt the same hand to play with or that all hands are equal is lunacy."}
{"text": " FYI, it's not my article. But to respond....   &gt; What if it contributed to a planet that did not get destroyed, thereby maintaining a better business climate (pun intended) for the future?* FTFY   The point being made is that it isn't the purpose of a business to contribute to a planet not getting destroyed. That is the purpose of a scientist/non-profit/governmental organization. The point being made is that a business is losing its true focus and thus undermining its purpose if it tries to do anything other than maximize profits. I'm NOT saying I agree with that, but that's my take on what they're saying."}
{"text": " If you believe the stock market will be down 20-30% in the next few months, sell your stock holdings, buy a protective put option for the value of the holdings that you want to keep. That would be hedging against it. Anything more is speculating that the market will fall."}
{"text": " 1500 what? Items purchased at a supermarket? Assuming I purchase 50 items during a serious visit (a pretty low estimate) 1500 data points only represents 30 visits. If I go to the supermarket once a week, that's not even a year's worth of data.  How about websites? According to [this guy](http://kickstand.typepad.com/metamuse/2007/10/how-many-web-pa.html) an average internet user initiates between 120-140 unique pageviews per day. taking the low estimate, 1500 data paints doesn't even represent two weeks of data (12.5 days).  1500 data points is NOTHING when you're trying to predict consumer behavior."}
{"text": " Skin tightening in Noida offers spectacular results. If you have been trying every means possible to rejuvenate your skin and look younger, then skin tightening is the right solution for you. Age can take a toll on the skin, and while good habits and sunscreen can protect your skin against serious harm, the toxic environment, lifestyle factors, and stress can make you look older."}
{"text": " Yes, it's probably one of the best combinations for the current/future job market. A lot of the finance industry will (eventually) become more technological with areas like algorithmic trading and artificial intelligence, and CS is a good way to position yourself for this. Only if you're interested in it though, otherwise it's kind of pointless."}
{"text": " \u1ede \u0111\u00e2y, b\u1ea1n c\u00f3 th\u1ec3 tin c\u1eady v\u00e0 mong \u0111\u1ee3i nhi\u1ec1u h\u01a1n t\u1eeb nh\u00f3m kinh nghi\u1ec7m t\u1ed1t nh\u1ea5t c\u1ee7a ch\u00fang t\u00f4i. Ch\u00fang t\u00f4i cung c\u1ea5p d\u1ecbch v\u1ee5 \u0111\u1ed9c \u0111\u00e1o cho tr\u1ea7n th\u1ea1ch cao v\u1edbi gi\u00e1 ph\u1ea3i ch\u0103ng. Ch\u00fang t\u00f4i cung c\u1ea5p s\u1ef1 h\u00e0i l\u00f2ng \u0111\u1ea7y \u0111\u1ee7 cho kh\u00e1ch h\u00e0ng c\u1ee7a ch\u00fang t\u00f4i. SMY nh\u1eadn ra h\u1ea7u h\u1ebft c\u00e1c d\u1ecbch v\u1ee5 trong ng\u00e0nh cung c\u1ea5p tran thach cao. D\u1ecbch v\u1ee5 c\u1ee7a ch\u00fang t\u00f4i \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 cao b\u1edfi kh\u00e1ch h\u00e0ng c\u1ee7a ch\u00fang t\u00f4i cho c\u00e1c t\u00ednh n\u0103ng kh\u00e1c nhau nh\u01b0 \u0111\u1ed9 tin c\u1eady. Ch\u00fang t\u00f4i lu\u00f4n s\u1eb5n s\u00e0ng gi\u1ea3i quy\u1ebft v\u1ea5n \u0111\u1ec1 v\u00e0 cung c\u1ea5p v\u1eadt li\u1ec7u t\u1ed1t nh\u1ea5t cho th\u1ea1ch cao, b\u1ec1n l\u00e2u."}
{"text": " \"Price is current price per share, but you can buy fractional shares. Minimal investment is how later the first purchase of shares must be to make it worth their efforts to set up the account for you. How you manage it is up to you. You can buy or sell shares at any time, pretty much, though it may take a few days for the transaction to \"\"settle\"\" and take effect. You can do this via checks, or you can give the broker (or the investment house, if you are dealing directly with them as I do) permission to take money from or put money to your bank account when you tell them you want to buy or sell shares. You may be able to set up direct deposit; talk to your employer about that. Or you may be able to have your bank make a periodic transfer/purchase for you.\""}
{"text": " The terms of IL state pensions are among the most generous in the entire country and the state is swimming in debt due to them.  The unions own the democratic pols in IL and it's been an incestuous relationship between the two.  Politicians get union money for elections, elected politicians give unions generous pension payouts that basically burden the taxpayer to obscene levels.  Why is IL the largest net migration in the 50 states?  Why isn't Indiana or Wisconsin facing the same problems?  Oh that's right, they got rid of their public sector unions and that's why citizens of IL have about $40,000 more in debt than their neighbors."}
{"text": " I had o conversation with our HR VP about a year ago and he said the same thing.  But I did make him realize he'd better offer more money for the position I needed filled.  We found a great guy within three weeks when we upped the pay another 20k."}
{"text": " When in doubt, call (the card issuer) and ask. Ask if you overpay your current bill if the overpayment becomes available credit and tell them why you are asking. It can go either way."}
{"text": " \"Due to the issues in the Eurozone, many foreign investors were buying Swiss Francs as a hedge against a Euro devaluation. They were in effect treating the Franc like gold, silver or some other commodity with perceived intrinsic value. This causes huge problems from the Swiss, as the value of the Franc increased and their exports became more expensive for foreigners to purchase. Things were getting bad enough that the Swiss in some places were travelling to Germany to buy groceries! To enforce this \"\"fixing\"\" of the Franc, the Swiss Central Bank announced that they would buy foreign currency in unlimited quantities by printing Francs. In reality, just announcing that they were going to do this was sufficient to discourage foreign investors from loading up on Francs. NPR's Planet Money did a really good job covering this topic:\""}
{"text": " No matter what, it is never a bad decision to go 100% debt free.  However, you can make debt work in your favor in some cases (investments, education, etc.), but you need to approach it with a plan and long term strategy. Interest, fees, and loss of value can quickly eat up any gains."}
{"text": " If you're creating an S-Corp for consulting services that you personally are going to provide, what would it give her to have 50% of the corporation when you're dead? Not to mention that you can just add it to your will that the corporation stock will go to her, and it will be much better (IMHO, talk to a professional) since she'll be getting stepped-up basis. Why aren't you talking to a professional before making decisions? It doesn't sound like a good way to conduct business."}
{"text": " Obviously, there are many approaches. I\u2019ll describe what we do and why we think it is successful. I have seen many couples having disagreements and even divorce over money; it seems that this is a typical reason to fight and sometimes fight badly. The realization is that different people have different preferences what to spend their money on, and if you are not rich, it continuously leads to disagreements - \u2018did you really need another pair of shoes?\u2019, etc. Our solution is a weekly allowance. First, all our money goes into one pot and is considered equal. Many couples find that a difficult step, but I never thought twice about it - I trust my spouse, and I share my life with her, so why not my money? From this, we agree on an \u2018allowance\u2019 that is used to cover any non-common cost; this includes all clothing, dining out, buying things, etc. The amount was chosen to match about what we spent for those things anyway, and then adjusted annually. The main point is that there is no critique allowed about what this is spent on - you can blow it all on shoes, or buy books, or wine and dine, or gamble it away, whatever. We are doing this since 23 years now, and we are very happy with the results; we never have financial \u2018fights\u2019 anymore. Disadvantages are the effort - you need to keep track of it somehow. Either you use a separate credit card, or hand it out in cash, or have a complete accounting (I do the latter, because I want to). Regarding all other spend, we use the accounting to plan ahead for at least a year on all cost and income that are expected, and that shows us the available cash flow and where it might get tight. It also shows you where the money goes, and where you could cut if cutting is needed (or wanted). Again, there is some effort in collecting the data, but it is worth it (for us)."}
{"text": " Godrej Nest Floor Plans completely define the large residences at Sector 150 Noida. It ranges from 1250 to 3050 Sq.ft including 2BHK,3BHK,3.5BHK &amp; 4.5BHK within normal and iconic towers. It is the most promising apartments coming near to Noida - Greater Noida Expressway. http://www.smcrealty.com/godrej-nest-150-noida/floor-plans.php"}
{"text": " He can buy at 69.95 or 69.70 or whatever because he already has all the shares. The HFT bought at a cheaper price earlier. The HFT has all the shares. Now he's testing the guy who won't go above 70.00 with small orders. When he sees that this guy is willing to buy 10 at 70.00 the HFT makes a limit order of all the shares in the market at 70.00 when he got them all already at 69.95.  Whatever doesn't get bought up goes back into the market at the price the HFT originally bought at. The HFT was in line ahead of the guy who won't go above 70.00 as soon as he saw him buying. Like at the horse race, remember?"}
{"text": " Melodrama much?   The only reason this hurts the franchise system is because it prevents the franchiser from profiting from labor violations at the franchise level.  So, sure some franchises might not be viable anymore, but that might not be so bad for society as a whole, those jobs will just transition to other food joints.  In terms of franchiser operational changes, its not going to change anything other than the cost of drafting up some company wide pay policies and reworking the franchise contracts to allow McDs  to revoke franchise licenses in the event that they violate labor laws."}
{"text": " He doesn't have to follow through on this, but he could tell this sister that he will stop making mortgage payments, which will result in foreclosure and sale at lower price than might be realized by a voluntary sale. Translation: the house will sold, sis. Do you want to maximize your share of the proceeds?  And, as I said in a comment above: I hope that he is keeping careful records of mortgage an utility payments, as he might (should) be entitled to a refund from the proceeds of an eventual sale (possibly adjusted by the fair rent value of the time which he spent living there)"}
{"text": " I can't find the video, but Mark Cuban was on one of the late shows, and the host asked him this question. His first response was I have no idea, then he took a wild guess of about $175K, or so.  I am a tax accountant that works on a couple of very very weathly people. I very seriously doubt they keep up with knowing how much is in their checking account. They are given a card, and accountants handle the rest. Then their advisor gives them a run down every month or so."}
{"text": " I wonder what they would say if there was a clause preventing tax breaks from going to management? It doesn't seem like a terrible idea, but would screw over middle-management and the supervisory positions an incentive like this could create."}
{"text": " Can you elaborate more on what you are referring too? No where near an economic expert, but by 'demand side subsidization' are you referring to the fed gov giving people money for their health care costs? Excluding the erroneous spending, such as a patient only willing to take a brand name pharmaceutical drug instead of a generic, that health care will be needed regardless, correct? So if taxes fit the bill, why would costs for the care received go up? Is it just because the provider knows they'll get the $$ almost no matter what if it's gov $$? Or something else besides, to put it bluntly, greed that would directly increase those costs?  Serious question btw?"}
{"text": " The way reddit works so well with news proves that news sites don't have to organize themselves around huge profit and centralized reputation. The quality of journalism will probably suffer if the current businesses go belly up but then I compare late 2000's youtube channels with how highly-professional most youtube channels are becoming now and I realize that these disruptive processed take a little time."}
{"text": " It's not that simple.  Where I live, McDonald's charges $6.19 for a Big Mac combo.  The local In-N-Out charges $6.59 for a Double-Double combo.  They're pretty damned close in price and I don't think anyone would price discriminate over 40\u00a2.  The difference between the two is enormous.  In-N-Out makes a great product, the burger and fries are delicious and fresh.  Further, In-N-Out is known for treating - and paying - their employees well.  They promote from within and becoming a manager is a good job.  Thanks to the decent pay, In-N-Out employees tend to be very good and care about the customers.  McDonald's is very different.  The food is terrible.  Flavorless and bland and *very* expensive for what you get.  In-N-Out aside, I can go to a local mom'n'pop and get a good meal for under $6.  There is no reason for me to go to McDonald's, none.  McDonald's isn't such a great employer, either.  The employees don't care.  I've never been treated badly, but there's no enthusiasm.  They are there for the paycheck only.  I blame accountants and the business structure.  For the record, I am an accountant, so I know what they're up to.  McDonald's is a large, public company bent on returning maximum profits to shareholders.  So they bring in the cost accountants who are very good at shaving costs down to the absolute minimum.  The Big Mac has suffered death by a thousand cuts.  No one cut makes it a lousy product, but give the cost accountants enough time and they will make anything mediocre to bad in lots of different ways.  In-N-Out is a privately held company.  Obviously, they are more interested in making money through selling a quality product and expanding sales.  They don't have to worry about shareholders who don't give a fuck and just want short-term profits.  They could make more money by turning the cost accountants loose, but they also know that would hurt their business.  The difference shows.  McDonald's is rarely busy here.  At In-N-Out, lines are usually out the door and you can't find an open table.  I only go there late at night on weekdays, since that's the only time it isn't slammed.  So you have two companies selling a similar product at almost the same price.  One is wildly successful and slowly expanding.  The other sells a shitty product and thinks that marketing is the problem."}
{"text": " The problem around here is while the crowd sourced nature of reddit can be great for discussions, when it comes to topics that require specialized analysis or understanding beyond headlines most of the participants are young and have very little direct experience or knowledge on what they're commenting on.  So as a business owner with actual experience that you live with and have dealt with for decades you might end up with negative comment votes, while a 15 year old who plays call of duty all day says something popular with the hivemind has hundreds of positive upvotes.   At least r/business has more people willing to consider both sides of the argument.... whereas r/politics is pretty much a lost cause. Nevermind I have a top 20 university degree in political science. For even suggesting people consider alternatives or that Obama is anything but a saint I often receive negative comment votes. I don't support Romney OR Obama, but thats as good as evil for most of these people."}
{"text": " No, it means that each year (Annual Payment Rate) you are accruing interest at 29.8%. If your principal is $10,000, that means you are gaining $3,000 of debt per year in addition to this, excluding payments you make/interest on interest."}
{"text": " Some brokerages will let you withdraw/deposit in multiple jurisdictions. e.g. I used to use Interactive Brokers. I could deposit/withdraw to US and UK bank accounts, in the appropriate currencies. It helps to have a brokerage that provides good rates on forex exchange also, and they were very good on the bid/ask spread. It was possible to get interbank rates plus a very low commission."}
{"text": " In short: yes, as long as you have Internet access. See, for example this question or this one about opening a brokerage account from outside the US.  Your sister could even open an account here in the US and provide you with access. However, I'm guessing you're not a registered or even formally trained financial advisor and if you make bets with her money that don't work out well, she could get pretty upset with you.   You might consider doing research from Bangladesh on good financial advisors and picking one (or a few) to recommend she go see in the US.  EDIT: OP hopes to be a financial advisor in the future. Given that comment, I'd recommend looking into becoming a Certified Financial Planner (unless CFA suits your goals; you indicated that process is already underway), as a step towards that goal.  Information about the certification in the US is here, in India here, and in some other countries here."}
{"text": " Having a good dividend yield doesn't guarantee that a stock is safe. In the future, the company may run into financial trouble, stop paying dividends, or even go bankrupt. For this reason, you should never buy a stock just because it has a high dividend yield. You also need some criteria to determine whether that stock is safe to buy. Personally, I consider a stock is reasonably safe if it meets the following criteria:"}
{"text": " I suppose it depends on what you mean by replicate.  I don't take his meaning as to be able to create a brain with real neurons and such (this is actually possible*).  I take it to mean replicate the functionality of the brain as closely as possible.  I've been tracking the progress of the Blue Brain project which is attempting to do just this via software abstraction and simulation.  It's a lofty goal.  I like lofty goals.  I think they often accomplish more faster.  But having said that, I think trying to do this with hardware without the abstraction is even more difficult because as you say, we don't completely understand how the brain works.  It's much easier to write or adjust simulation code than it is to redo hardware.  Of course, the simulation route is less efficient but it's more flexible as new theories and information are generated, you just revise the simulation software.  *Have a baby or do something like this: http://www.physorg.com/news/2011-12-bioelectric-tadpoles-eyes-tail.html  edit: would someone mind replying instead of just downvoting?"}
{"text": " Whether or not it is logical probably depends on individual circumstance.  When you take on (or maintain) debt, you are choosing to do two things: The first is clear. This is what you describe very well in your answer. It is a straightforward analysis of interest rates. The fixed cost of the debt can then be directly compared to expected return on investments that are made with the newly available cash flow. If you can reasonably expect to beat your debt interest rate, this is an argument to borrow and invest. Add to this equation an overwhelming upside, such as a 401k match, and the argument becomes very compelling. The second cost listed is more speculative in nature, but just as important. When you acquire debt, you are committing your future cash flow to payments. This exposes you to the risk of too little financial margin in the future. It also exposes you to the risk of any negatives that come with non-payment of debt (repossession, foreclosure, credit hit, sleeping at night, family tension, worst-case bankruptcy) Since the future tends to be difficult to predict, this risk is not so easy to quantify. Clearly the amount and nature of the debt is a large factor here.  This would seem to be highly personal, with different individuals having unique financial or personal resources or income earning power.  I will never say someone is illogical for choosing to repay their debts before investing in a 401k. I can see why some would always choose to invest to the match."}
{"text": " If you return the money in the same tax year - it will not appear on your W2 and you will not be taxed on it. Whatever was withheld - you'll get it refunded when you file your annual tax return. If you return it in a different tax year - it becomes a miscellaneous deduction reported on your Schedule A. If the amount is less than $3000 - then this deduction is subject to the 2% AGI threshold, if the amount is more than that - it is not subject to threshold. Bottom line, you're probably going to lose money, unless you're already itemizing and the amount is above $3K. There's also a credit that you can take instead of deduction. See publication 525 for details."}
{"text": " From a tax perspective, it doesn't matter whether what you are doing is fraud, illegal, or perfectly legit.  If you make money, the IRS will want you to pay taxes on it.  Drug dealers, pimps, hobos, professional gamblers, extortionists, coupon collectors.  The IRS doesn't care.  They want their taxes. Now, where do you pay taxes?  There are two likely options:  I'm not a tax lawyer so I can't say which would be more correct.  My expectation is that the IRS would be fine with either."}
{"text": " As said previously, most of the time volume does not affect stock prices, except with penny stocks. These stocks typically have a small volume in the 3 or 4 figure range and because of this they typically experience very sharp rises and drops in stock prices, contrasting normal stocks that go up and down constantly every minute. Volume is not one thing you should be looking at when analyzing a stock in most cases, since it is simply the number of people of trades made in a day. That has no effect on the value of the company, whereas looking at P/E ratios, dividend growth, etc all can be analyzed to see if a company is growing and is doing well in its field. If I buy an iPhone, it doesn't matter if 100 other people or 100,000 other people have bought it as well, since they won't really affect my experience with the product. Whereas the type of iPhone I buy will."}
{"text": " I can't think of anyone who seriously uses LinkedIn as a definitive source to find personnel.  Maybe some bottom feeding firms in India, but that's about it.  Judging by the downvotes LinkedIn is used by the Bangladesh Buttholes."}
{"text": " \"I'll repeat, do you have an actual argument to contribute or just going to keep derailing?   Putting the onus onto me to disprove my own argument, that's really reaching..the bigger question is why are you unable to disprove me yourself? It should be \"\"pretty easy\"\" for a true skeptic, but impossible for a believer. Which are you?   You're the one trying to invalidate my argument but you have yet to give a reason why.   So far none of your replies have even mentioned the website which makes me think you aren't even here to talk about it.   Either give me an actual argument against my claim, or expose yourself as having zero integrity when confronted with facts you don't like.\""}
{"text": " For tax optimization, cash is stored mostly overseas, according to the New York Times. For Apple, everytime a song or an app is bought in Europe, Africa or Middle East, money flows to iTunes S\u00e0rl, in Luxemburg. Royalties on patents flow internally from Apple in California to Apple in Ireland. Then profits flow to the Carribean. The problem is that cash cannot be brought back to the USA without huge taxes."}
{"text": " \"Currencies don't really have intrinsic value. You can't compare bitcoins to tulips because you can't grow 200x more bitcoins next winter to push the price down to its intrinsic value.  Bitcoins are scarce and like gold, the intrinsic value doesn't matter anymore, it's all about supply and demand and there will always be bitcoin fans with money that won't let it go to 0$. And compared to gold, bitcoin is still very very cheap, so even if the bubble \"\"bursts\"\", it will grow again.\""}
{"text": " &gt; He shouldn't be allowed to work overtime. Bridge patrol should be mandated to be well rested and never overworked. They should work max 40 hrs a week. And they should be salaried and not hourly.  If you've got all these bright fuckin' ideas, why don't **you** go run the police department?"}
{"text": " This definitely depends on your situation. If  your furnace is relatively young it's probably not going to require major service anytime soon so you may not need it. As @sdg said, if you can tolerate a couple of days with no heat, you may not need it. If you have access to trusted HVAC repairman, you may not need it. Mind if I ask how much they're charging? There's definitely a pain threshold that will vary based on your needs.  For example, I'd be willing to pay up to $10. But that's mostly because of the annual maintenance check. If I had an older system or depended on it more, my pain threshold would be higher. My local gas company offers this service for around $20/month. That's not worth it to me because I'm estimating (i.e. guessing) that any repairs I need to do in the next 5 years will cost less than 5*12*20 = $1200."}
{"text": " You need growth in your retirement fund. Sad to say but the broad U.S. marks still has better growth perspective than the emerging markets. Look at China they are only at 6.7% growth for next year the same as this year.  Russia's economy is shrinking. These are the other two super powers of 2015. The USA is still the best market to invest in historically and in the present. That's why the USA market tends to be overweight in most retirement portfolios. Now by only investing in the USA market do you miss out on trends internationally? Well you do a bit but not entirely. Many USA companies are highly international in regards to their growth. Here are some:  So in short the USA market still seems to be the best growth market and you still get some international exposure.  Also by investing in USA companies they sometimes are more ethical in their book keeping as opposed to some other markets. I don't think I'm the only one that is skeptical of the numbers China's government reports."}
{"text": " Chanteur is one of the most trusted brands for buying jewelry for kids, infants, toddlers, teens and tweens. We offer most stylish and 100% heavy metal free jewelry which includes kids bangles, adjustable bangles for babies, earrings that toddlers can't take out, necklaces for teenage girl and much more."}
{"text": " I agree with the principles, but the reality is far different on the ground. We are still moving further and further into hard skills for recruiting, because that is all HR drones know how to do. If we want more well rounded people, we need to change the way we evaluate people, rather than just looking for boxes to check. Unfortunately I suspect the vast majority of these phantom liberal arts jobs will simply be filled by cherry picked Ivy leaguers and those with the right connections, because that is basically how it is done now."}
{"text": " This comment might sound like a circle jerk but I think it's important to say. Indeed innovation is what creates more productivity, which is fueled by debt, but debt is fueled by real savings, which comes from under consuming, which is easier when your productivity is higher. The government can stimulate innovation yes, but only at the expense of someone else.   What's really scary is the federal reserve has been manufacturing all the savings for nearly a decade now. So there's a complete mismatch between credit and savings, and the overall economy. The actual price of money itself is manufactured too, so just about all asset prices are inherently flawed in my view.   I think it's important to piggy back your point about innovation and how productivity can't really go down, because inventions and new methods of producing goods don't disappear(once we come up with the combustible engine or a new drug for example, it's now here forever ideally, it's work that we don't have to do all over again).  What brings on a crash or feeling like we're going backwards in terms of progress comes when we somehow manage to go through a boom bust (like in 2008), but then take on all this debt, normally we can pay off debt but when the government manufactures it, and credit is created out of nothing, that's when you get into problems like not being able to pay it back - because it wasn't truly real or representative of real savings. I feel like I'm ranting now but I think this stuff is super important and I think you understand it."}
{"text": " I disagree with Dumbcoder's response. Setting up a DD is not easily approved by the banks as you must prove a existing business cash flow. And secondly you cannot empty someone's account via DD as they are protected by the DD mandate. (Money goes out, complaint is made, money goes back in, the registered business with the DD facility has some serious explaining to do to the bank and FCA). Dumbcoder you likely work in a middle position of a company.."}
{"text": " I'm sure you did. I'm pretty sure a hedge fund manager knew the underwriters couldn't short IPOs. No one would have been able to follow your advice because they wouldn't have been able to short it on day two either. You still don't get it."}
{"text": " If btc looks like its going to replace dollars etc, banks will be right there with it, along with all the public convenience and trust they already have. They're also invested in much more than currency. Big banks aren't built of money paper mach\u00e8."}
{"text": " Wow this is a perfect example of the apathy of customers.  This scandal is literally about their auto loans, and that's what the article is about.  How are you ever going to know if something is affecting you if you won't even read the damn article about a company YOU DO BUSINESS WITH?  Seriously this couldn't prove the point of the comment you're replying to more.  It's stupid consumers like you that allow these companies to get away with this shit."}
{"text": " This investment does not have a payback period as the net present value of your investment is negative. Your investment requires an initial cash outlay of $40,000 followed by annual savings of $2060 for the next 20 years. Your discount rate is 5% at which the NPV is $-14327.85 as calculated below by using this JavaScript financial functions library tadJS that is based on a popular tadXL add-in for Excel 2007, 2010 and 2013."}
{"text": " \"Basically, you either borrow money, or get other people to invest in your business by buying stock or something analogous.  Sometimes you can get people to \"\"park\"\" money with you. For example, many people deposit money in a bank checking account. They don't get any interest or other profit from this, they just do it because the bank is a convenient place to store their money. The bank then loans some percentage of this money out and keeps the interest. I don't doubt that people have come up with more clever ways to use other people's money. Borrowing money for an investment or business venture is risky because if you lose money, you may be unable to pay it back. On the other hand, investors expect a share of the profit, not just a fixed interest rate.\""}
{"text": " &gt;Sometimes that requires more time other times less.  Oh bullshit.  Once when I had little work I started doing few hours.  After a couple weeks of this I was explicitly reprimanded and told to give 8 hours per day of butt-in-seat.  I asked if my actual team leader had complained I wasn't working efficiently enough.  Turns out he thought I was doing *just fine* for the workload he was giving me.  Only as a salaried contractor working remotely did I end up being able to turn my ability to *get my shit done* into more free time."}
{"text": " Loans are not taxable events. The equity you took out is not income. It's a loan, and you pay it back with interest. You pay taxes on the capital gain of the home when you sell it. The tax does not take into account any mortgages, HELOCs, or other loans secured by the house. Instead the tax is calculated based on the price you sold it for, minus the price you bought it for, which is known as the capital gain. You can exclude $250k of that gain for a single person, $500k for a married couple. (There are a few other wrikles as well.) That would be true regardless of the loan balance at the time."}
{"text": " \"there's a large gap between  \"\"scheming group of evil masterminds\"\" and   \"\"since we're just people making $800,000 or more, there can exist no organic or intended collective desire for us to perpetuate or push for socio-culturo-political systems which tend to ensure our continued wealth\"\" though.\""}
{"text": " Oh I definitely wish there were more women in STEM.  Though the NYT likes to blame bias from those already in those fields, I suspect that's mostly decades in the past.            I'm more inclined to attribute a lot of it to some type of social pressure from female peers, particularly in teenage years where social acceptance is very important, and being the girl who's taking AP Statistics or considering a degree in Accounting is not going to win one acceptance into the popular kids crowd.  Which is really unfortunate because being interested in such things really should be encouraged."}
{"text": " If you've ever taken a look at Amazon Fresh,it's full of pretty much the same stuff (just much less variety than Whole Foods) - I'd imagine the WFM model isn't going to change from the brick and mortar standpoint, but will see a full scale integration of Amazon Fresh's delivery service, which will be good for both.  Still not keen on 8 dollars for a gallon of milk tho. wtf Whole Foods."}
{"text": " For the Roth the earnings: interest, dividends, capital gains distributions and capital gains are tax deferred. Which means that as long as the money stays inside of a Roth or is transferred/rolled over to another Roth there are no taxes due. In December many mutual funds distribute their gains. Let's say people invested in S&P500index fund receive a dividend of 1% of their account value. The investor in a non-retirement fund will be paying tax on that dividend in the Spring with their tax form. The Roth and IRA investors will not be paying tax on those dividends. The Roth investor never will, and the regular IRA investor will only pay taxes on it when they pull the money out."}
{"text": " Aeroprop, is one of the pinnacle leading propeller manufacturer organisation, who've greater than sixty five years of experience, along with all these items we carry out a huge range of Non-Destructive Testing inclusive of magnetic particle and eddy modern inspections, We test on housing gadgets propellers and different additives to come across microscopic cracks  or flaws that cannot be unseen through the naked eye.The Aeroprop Prop Cylinder Flush focused on first-class one product line, so whether or not it\u2019s a 2-blade metallic propeller or a 6-blade composite device, our understanding of Hartzell plane propellers is remarkable. If you name for the super in your plane, don\u2019t accept whatever a great deal much less. Aeroprop has been the leader in aircraft Hartzellpropeller structures for nearly a century."}
{"text": " Bonds have multiple points of risk: This is part of the time value of money chapter in any finance course.  Disclaimer - Duff's answer popped up as I was still doing the bond calculations. Similar to mine but less nerdy."}
{"text": " For ankle and foot problems, you really need to visit Foot and Ankle Clinic Gilbert. Check out Dr. Mikkel Jarman, DPM, Gilbert Podiatrist. Phone 480 497-3946 or PreferredFootAnkle.com. He is one of the best Foot Doctors in Gilbert AZ offering gentle relief."}
{"text": " Have you ever thought that how we get protected from small ailments like cold, or any other infections? Then it is the Antibodies are those things that protect us from various Infections. These are large Protein molecules white cells. Custom Antibody produced by the immune system in the response to the presence of antigens in the human body."}
{"text": " Yes.  It is.  It, like all business, takes a bit of luck, but honesty can be an asset.  I knew a used car salesman who was absolutely honest and had a great eye for product.  He bought cars at auctions out of state, and many of them were sold or reserved before they even arrived  at his lot."}
{"text": " It would be hard to say everything is overvalued when value is relative between any two items or services.  Most large corporate entities will hedge their positions, so even if a subset of securities or commodities moves negatively they preserve their value.    Most of the people that promote these types of ideas are selling something that has an inverse correlation with the market, so they hope to get others to buy in and drive up prices for them so they can cash out.  Or they are doomsday-conspiracy types."}
{"text": " \"You can report it as \"\"hobby\"\" income, and then you won't be paying self-employment taxes. You can also deduct the blog-related expenses from that income (subject to the 2% limit though). See this IRS pub on the \"\"hobby\"\" income.\""}
{"text": " Options - yes we can :) Options tickers on Yahoo! Finance will be displayed as per new options   symbology announced by OCC. The basic parts of new option symbol are: Root symbol + Expiration   Year(yy)+ Expiration Month(mm)+ Expiration Day(dd) + Call/Put   Indicator (C or P) + Strike price Ex.: AAPL January 19 2013, Put 615 would be AAPL130119P00615000 http://finance.yahoo.com/q?s=AAPL130119P00615000&ql=1 Futures - yes as well (: Ex.: 6A.M12.E would be 6AM12.CME using Yahoo Finance symbology. (simple as that, try it out) Get your major futures symbols from here: http://quotes.ino.com/exchanges/exchange.html?e=CME"}
{"text": " \"I worked for a large well known corporation as a senior programmer, and was in charge of interviewing programmers. This is in NYC. Out of 50 pre-screened candidates we hired 2. Half of the candidates can't answer the simplest questions like \"\"write a function to reverse a string\"\", which every first year Comp Science student should be able to do.  And our salaries were good, not $60K.  So yes, even in NYC there's not enough talent.\""}
{"text": " there are several reasons you might want good credit even if you could afford to pay for all your expenses in cash. having pointed out all the above reasons to have good credit, it is probably worth noting that many people with good credit choose to not borrow simply because they are more comfortable with the risks of not borrowing (e.g. inflation risk), than they are with the risks of borrowing (e.g. investment volatility)."}
{"text": " \"Google \"\"forex broker\"\" and find one of the thousands that allows you to trade on Gold futures.  Then use one of them to short Gold... just watch your leverage. I would certainly wait before you're shorting gold.  Why tie up capital in a bubble that you think will burst in the next few years.  Wait for the price to increase and monitor for actual signs of the bubble bursting.  Right now with the Euro possibly collapsing shorting gold probably isn't your best bet.\""}
{"text": " I just graduated from college and I am already planning my retirement.   ... in terms of money sitting in my bank account post retirement, assuming Ii have   $250,000 what is the highest interest that I can earn with it?  Assuming you are 22, and will retire in 45 years at age 67. There is no way to predict interest rates. When I was 22 and just out of college I started putting money into a bank account to save for a down payment. The rate for a savings account was 6%. That means that every month I made 1/2 of one percent. Today that same credit union offers a money maker account with a minimum balance of $100,000 that pays 0.25% for the year. What I made in a month would take two years to make today. Keep in mind we also can't estimate your pay in the last year before retirement, or the inflation rate for the next 45 years, or the mortgage rate, or the availability of Social Security, or the returns of the S&P for 45 years. It is great you are starting to think about this today. But you will have to keep adjusting parts of your plan as the years go by: You may have to factor in children, your medical situation...  Even if the interest rates recover you may not want to put all your post retirement money in the bank. Most people can't sustain the required flow of money for their 30 years of retirement from savings accounts.  As for today. FDIC (or similar accounts from credit unions) will not have rates approaching 3%. It can't even approach that 3% rate via multi-year CDs. My credit union has a 6 year CD for almost 2%. If the goal of the money is safety then don't expect to find those high rates now. Some institutions may offer high rates without that FDIC protection, but that is risky."}
{"text": " LC WebPros is the web development company and the internet marketing company in the United states. We provide the Website development Projects and logo design service in the world. If you want to the new website for your business and its marketing service, then you can contact us. We offer professional Web Development Services to help you successfully plan your web site an effective solution for all needs."}
{"text": " When that happens the least desired things get cut off first.  This condition signals to the market that we are correcting very badly missallocated sources which in turn is a good thing because we are allowing the bubbles to burst.  These burstings will bring prices back down to acceptable levels so that the economy starts moving again.  What you instead are suggesting is to not allow, for example, home prices to come back down to affordable levels and just keep the bubbles inflated."}
{"text": " We fired some middle management who can take the blame for the ridiculous and unattainable goals we put in front of them.   We told them to perform or lose their jobs and you'll be happy to know they lost their jobs anyways..  We also shat in their boxes of personal items on the way out the door.   Thank you for trusting that we can find new scapegoats."}
{"text": " &gt; People will work harder when they're less rewarded? I don't know if that make sense to me.  Totally get it. It does run counter to our current approaches. If you would like to understand how I could have this crazy position [here is a TED talk on motivation that explains better than I could](https://www.ted.com/talks/dan_pink_on_motivation)."}
{"text": " \"Wow all the answers here are a joke. Retained earnings is a funding side (liabilities + equity) of the balance sheet accounting entry. It's a residual value, so if you end up funding your assets with more liabilities, for example, then retained earnings will be smaller.  When worrying about the funding side of the balance sheet, you should consider mainly (1) how much you want in the business of your own money (equity) and (2) how much debt your business can support, as well as how much debt you're comfortable with.  #2 is a function of looking at your income generating capacity. Once you've figured out how much you will fund with debt, you then need the remainder to be your money. Some of this is contributed capital, the rest is retained earnings. So to wonder about how much in retained earnings to have isn't really the way to think about it. You should have the \"\"debt vs. equity\"\" conversation with yourself and figure it out that way. Don't worry about the components of equity if you're a sole owner and it's all yours. (There are other ways to finance equity like preferred shares, but for all intents and purposes this is a small business).  From a risk perspective, retained earnings is largely irrelevant on a standalone basis. You should pay far more attention to your assets. For example, if you asked \"\"how much cash or working capital do I need?\"\", that's an operational question that's very important to know for running the business. It can be debated and there is a right answer. Retained earnings is just a partial accounting entry of equity (and can even be manipulated by repurchasing shares and then contributing more capital), so I wouldn't focus on it.\""}
{"text": " Yes.  If you reply back, they'll confirm that Uncle Alex did indeed leave you $7 million, and you just need to send them a few thousand dollars for taxes and estate fees and then they'll wire you the money.  And then there'll be customs fees.  And then more taxes.  And of course, there will be separate import fees.  And so on until you run out of money."}
{"text": " \"You can get on boards by having good leadership skills and knowledge, being invited, and having good connections.  You can often start by joining the board of some \"\"smaller\"\" groups such as a small non-profit once you have enough relevant experience where you can actually dish out advice.  This is in addition to your normal job where you presumably are doing well and are respected.  It all starts by having enough skill (and/or connections) that someone recognizes that you can provide value at the Board of Directors level.  Or you know someone who just wants a \"\"yes\"\" man for his (or her) company.\""}
{"text": " I wonder if Home Depot price drops are just a product of capital outflows from retail ETFs, as investors leave the sector en masse. I think Home Depot is defensible against online intrusion, at least for now. If Home Depot is taking a price hit because investors are conflating it with other obvious retail losers (Barnes and Noble, Target, etc) this might actually be a good time to buy."}
{"text": " What killed TiVo is the cable monopoly.  Their business is tied to a service that a competitor has control over.  I have a TiVo in my house.  Comcast charges me $8.00 to use it, plus $2.00 for the cablecard inside.   I had looked into a second unit, but Comcast told me this would be *another* $10/month.  On top of the monthly TiVo bill, of course.  Now I'm thinking of dropping both cable and TiVo."}
{"text": " You have 3 assumptions about the use of credit cards for all your purchases: 1) May be a moot point. At current interest rates that will not make much of a difference. If somebody links their card to a checking account that doesn't pay any interest there will be no additional interest earned. If the rate on their account is <1% they may make a couple of dollars a month. 2) Make sure that the card delivers on the benefits you expect. Don't select a card with an annual fee. Cash is better than miles for most people. Also make sure the best earnings aren't from only shopping at one gas station or one store. You might not make as much as you expect. Especially if the gas station is generally the most expensive in the area. Sometimes the maximum cash back is only for a limited time, or only after you have charged thousands of dollars that year. 3) It can have a positive impact on your credit rating. I have also found that the use of the credit card does minimize the chances of accidentally overdrawing the linked account. There is only one big scheduled withdraw a month, instead of dozens of unscheduled ones. There is some evidence that by disconnecting the drop in balance from the purchase, people spend more. They say I am getting X% back, but then are shocked when they see the monthly bill."}
{"text": " &gt; Honestly, I think this open access to the stock market whereby anyone can be a 'trader' is a terrible thing.  Really? Could you please elaborate? Do you think it's a flaw in the stock market system itself or in peoples' financial education?"}
{"text": " Yes, it can buy back the call, but much before stock hits the $30 mark.   Let us say you got 1$ from selling the call. So the total money in your account is 4$ + 1 $ = 5 $. When stock hits 10$ (your strike), the maintenance margin is 5$. As soon as stock goes past 10, your maintenance margin is violated. So broker will buy back your call (at least IB does that, it does not wait for a margin call). Now if the stock gapped up from 8 to 30,then yes, broker will buy it back at 30, so your account will have a negative balance. Assume the call cost 20$ when stock hit 30, your balance is: 5 - (30-10) = -15. Depending on broker, I suppose they will ask you to bring your account balance back up to positive. If they don't do that, they risk going out of business."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/10/17/slash-your-student-debt-by-earning-your-degree-abroad.html) reduced by 39%. (I'm a bot) ***** &gt; Annual earnings in Ireland are about the same as in the U.S. - $55,000 - but schools are tuition-free.  &gt; &amp;quot;We walk around thinking that America is the best place to earn an education, but when you take a look at the facts, you start to see that earning a degree abroad is actually a smarter move to make,&amp;quot; said Rick Neil, CEO of RN Public Relations and a spokesperson for studentloanreport.org.  &gt; In the United Kingdom, for example, students pay tuition that&amp;#039;s on par with the U.S. Even so, Britain is by far the most popular destination for American students seeking to get their degree abroad. Of those attending school outside the U.S., 36 percent of them are in the U.K..   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/777wzh/slash_your_student_debt_by_earning_your_degree/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~230713 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*: **U.S.**^#1 **earn**^#2 **degree**^#3 **tuition**^#4 **American**^#5\""}
{"text": " I'm not a financial guy, but I handle decent amounts of money. I don't care how much money you take in, money only makes so much money. Sure, $1 million throws off decent interest (at least it used to), but it doesn't generate enough money to ever sustain a Ponzi scheme. Don't be fooled by what $20 million generates everyday in an account. It's never enough to pay back investors a fair return on their money."}
{"text": " Disadvantage is that tenant could sue you for something, and in an unfavorable judgement they would have access to your house as property to possess. You could lose the house. Even if you make an LLC to hold the house, they'll either sue you or the LLC and either way you could lose the house. This might be why the landlord is moving to Florida where their house cannot be possessed in a judgement because of the state's strong homestead exemption ;)"}
{"text": " \"Your plan already answers your own question in the best possible way: If you want to be able to make the most possible profit from a large downward move in a stock (in this case, a stock that tracks gold), with a limited, defined risk if there is an upward move, the optimal strategy is to buy a put option.  There are a few Exchange Traded Funds (ETFs) that track the price of gold.  think of them as stocks that behave like gold, essentially.  Two good examples that have options are GLD and IAU. (When you talk about gold, you'll hear a lot about futures.  Forget them, for now.  They do the same essential thing for your purposes, but introduce more complexity than you need.) The way to profit from a downward move without protection against an upward move is by shorting the stock.   Shorting stock is like the opposite of buying it.    You make the amount of money the stock goes down by, or lose the amount it goes up by.   But, since stocks can go up by an infinite amount, your possible loss is unlimited. If you want to profit on a large downward move without an unlimited loss if you're wrong and it goes up, you need something that makes money as the stock drops, but can only lose so much if it goes up.   (If you want to be guaranteed to lose nothing, your best investment option is buying US Treasuries, and you're technically still exposed to the risk that US defaults on its debt, although if you're a US resident, you'll likely have bigger problems than your portfolio in that situation.) Buying a put option has the exact asymmetrical exposure you want.   You pay a limited premium to buy it, and at expiration you essentially make the full amount that the stock has declined below the strike price, less what you paid for the option.   That last part is important - because you pay a premium for the option, if it's down just a little, you might still lose some or all of what you paid for it, which is what you give up in exchange for it limiting your maximum loss. But wait, you might say.  When I buy an option, I can lose all of my money, cant I?  Yes, you can.    Here's the key to understanding the way options limit risk as compared to the corresponding way to get \"\"normal\"\" exposure through getting long, or in your case, short, the stock: If you use the number of options that represent the number of shares you would have bought, you will have much, much less total money at risk. If you spend the same \"\"bag 'o cash\"\" on options as you would have spent on stock, you will have exposure to way more shares, and have the same amount of money at risk as if you bought the stock, but will be much more likely to lose it. The first way limits the total money at risk for a similar level of exposure; the second way gets you exposure to a much larger amount of the stock for the same money, increasing your risk. So the best answer to your described need is already in the question:   Buy a put.  I'd probably look at GLD to buy it on, simply because it's generally a little more liquid than IAU. And if you're new to options, consider the following: \"\"Paper trade\"\" first.  Either just keep track of fake buys and sells on a spreadsheet, or use one of the many online services where you can track investments - they don't know or care if they're real or not. Check out www.888options.com.  They are an excellent learning resource that isn't trying to sell you anything - their only reason to exist is to promote options education.   If you do put on a trade, don't forget that the most frustrating pitfall with buying options is this:  You can be basically right, and still lose some or all of what you invest.  This happens two ways, so think about them both before you trade: If the stock goes in the direction you think, but not enough to make back your premium, you can still lose.  So you need to make sure you know how far down the stock has to be to make back your premium.  At expiration, it's simple: You need it to be below the strike price by more than what you paid for the option. With options, timing is everything.  If the stock goes down a ton, or even to zero - free gold! - but only after your option expires, you were essentially right, but lose all your money.  So, while you don't want to buy an option that's longer than you need, since the premium is higher, if you're not sure if an expiration is long enough out, it isn't - you need the next one. EDIT to address update: (I'm not sure \"\"not long enough\"\" was the problem here, but...) If the question is just how to ensure there is a limited, defined amount you can lose (even if you want the possible loss to be much less than you can potentially make, the put strategy described already does that - if the stock you use is at $100, and you buy a put with a 100 strike for $5, you can make up to $95.   (This occurs if the stock goes to zero, meaning you could buy it for nothing, and sell it for $100, netting $95 after the $5 you paid).   But you can only lose $5. So the put strategy covers you. If the goal is to have no real risk of loss, there's no way to have any real gain above what's sometimes called the \"\"risk-free-rate\"\".  For simplicity's sake, think of that as what you'd get from US treasuries, as mentioned above. If the goal is to make money whether the stock (or gold) goes either up or down, that's possible, but note that you still have (a fairly high) risk of loss, which occurs if it fails to move either up or down by enough.  That strategy, in its most common form, is called a straddle, which basically means you buy a call and a put with the same strike price.  Using the same $100 example, you could buy the 100-strike calls for $5, and the 100-strike puts for $5.  Now you've spent $10 total, and you make money if the stock is up or down by more than $10 at expiration (over 110, or under 90).   But if it's between 90 and 100, you lose money, as one of your options will be worthless, and the other is worth less than the $10 total you paid for them both.\""}
{"text": " Yes. The most complicated software most bankers use is Excel. From my limited perspective, success in banking is a function of who you know and how big you can convince everyone else your dick is. Breaking in is the hardest part, but once you're there you won't get kicked out for not being smart enough if you play the game.  You should know accounting really well, also."}
{"text": " In the UK, recent changes to pension taxation mean that from April 2011, people earning between \u00a3150,000 and \u00a3180,000 total and making large pension contributions (>\u00a350,000 or so) will pay a marginal tax rate on additional salary of >100%. This is because pension contributions normally attract tax relief at the highest marginal rate - i.e. 40% if the gross salary is above about \u00a340,000, and 50% for salaries above \u00a3150,000. But after April 2011, the rate of relief will be tapered down for gross salaries above \u00a3150,000, reaching 20% for a gross salary of \u00a3180,000. So for example if you earn \u00a3175,000 and make a contribution of \u00a350,000, then an additional \u00a31,000 in salary will incur \u00a3500 of direct tax, and also lead to a 1% reduction in tax relief (from 25% to 24%), costing another \u00a3500. Once you factor in National Insurance of another 1% or so, the net effect of the pay rise is negative."}
{"text": " \"Spend your first 50 euros on research materials. Warren Buffett got started as a boy by reading every book in the Library of Congress on investing and stock market analysis. You can research the company filings for Canadian companies at http://www.sedar.com, U.S companies at http://www.edgar.com, and European companies at https://www.gov.uk/government/organisations/companies-house. Find conflicting arguments and strategies and decide for yourself which ones are right. The Motley Fool http://www.fool.ca offers articles on good stocks to add to your portfolio and why, as well as why not. They provide a balanced judgement instead of just hype. They also sell advice through their newsletter. In Canada the Globe & Mail runs a daily column on screening stocks. Every day they present a different stock-picking strategy and the filters used to reach their end list. They then show how much that portfolio would have increased or decreased as well as talking about some of the good & bad points of the stocks in the list. It's interesting to see over time a very few stocks show up on multiple lists for different strategies. These ones in my opinion are the stocks to be investing in. While the Globe's stock picks focus on Canadian and US exchanges, you might find the strategies worthwhile. You can subscribe to the digital version at http://www.theglobeandmail.com  Once you have your analytical tools ready, pick any bank or stock house that offers a free practice account. Use that account and their screening tools to try out your strategies and see if you can make money picking stocks.  My personal stock-picking strategy is to look for companies with: - a long uninterrupted history of paying dividends, - that are regularly increased, - and do not exceed the net profit per share of the company - and whose share price has a long history of increasing These are called unicorn companies, because there are so very few of them.  Another great read is, \"\"Do Stocks Outperform Treasury Bills?\"\" by Hendrik Bessembinder. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2900447 In this paper the author looks at the entire history of the U.S. stock universe and finds that less than 4% of stocks are responsible for 100% of the wealth creation in the U.S. stock market. He discusses his strategies for picking the winners, but it also suggests that if you don't want to do any research, you could pick pretty much any stock at random, short it, and wait. I avoid mutual funds because they are a winner only for the fellas selling them. A great description on why the mutual fund industry is skewed against the investor can be found in a book called \"\"The RRSP Secret\"\" by Greg Habstritt. \"\"Unshakeable\"\" by Tony Robbins also discusses why mutual funds are not the best way to invest in stocks. The investor puts up 100% of the money, takes 100% of the risk, and gets at best 30% of the return. Rich people don't invest like that.\""}
{"text": " I do not meet your qualifications but this is what I would do: 1)  Save an amount that can replace your bike and accessories if it is stolen.  Don't touch it for anything but that. 2)  Compute an average monthly cost for maintenance items, double that for a couple of months until you have the account built up, then budget that amount every month. If your bike/headlight/front tire, get stolen or broken beyond repair, take it out of the first account.  Then your savings priority should be to rebuild that account.  I would be a bit alarmed if you have to keep hitting this account for legitimate reasons. When a tire goes flat, or other normal wear and tear item occurs, take it out of the second account.  This account should fluctuate regularly, and it is normal.  During certain months you may want to increase this amount (more glass on the street because of outdoor events means more flat tires). The same kind of thing holds true for a car. Putting numbers to some figures would help. I think the most alarming thing about your post is that a theft is somewhat ordinary.  Yikes!"}
{"text": " 1) get good grades  2) get into top school  3) continue getting good grades  4) get an interview and kill it  5) enjoy the fruits of your success with copious amounts of drinking to deal with the hours  Done, and I don't even need to be a banker to tell you this"}
{"text": " \"I can address what it means to \"\"pick off\"\" all those trades... As quantycuenta & littleadv have said, it is absolutely true that professionals \"\"prey\"\" on less-sophisticated market participants. They aren't in the market for charity's sake.  If you're not familiar with the definition of the word \"\"arbitrage\"\", look it up.  One possible strategy that can be employed with HFT machinery in order to arbitrage successfully in the stock market is to 'intercept' orders that are placed on various exchanges. In order to do this, an HFT organization watches all the transactions at once to find opportunities to buy low and sell high.  A good explanation of it is described here in this NY Times article; I'll paraphrase what that article lays out.  Stocks are traded through multiple exchanges The first key point to understand is that stocks listed on one exchange (i.e. the NYSE) can be sold on multiple exchanges. That's where the actual \"\"I would like to sell 100 shares of Ford stock\"\" is matched with \"\"I would like to buy 100 shares of Ford stock.\"\" There are multiple clearinghouses on the various exchanges. Your order gets presented to one exchange at a Time An ideal market maker would like to look at the order books for a given stock, say Ford, and see that in exchange A there's a sell order for 100 shares of F at $15.85, and in exchange B there's a buy order for 100 shares of F at $15.90.  Arbitrage Market maker buys from A, sells in B, and pockets $0.05 * 100... $5. It's not much, but it was relatively risk free. Also, scale this up to the scale of the US' multiple stock exchanges, and there are lots of opportunities to make $5 every second.  Computers are (of course) faster than people To tie it in completely with your question about 'picking off trades', HFT rigs can be set up and programmed to go faster than an average retail investor's order.  Let's say you execute the trade to buy 100 shares @ $15.85 as a retail investor. The HFT rigs see your order starting to make the rounds of the different exchanges that your brokerage works through, and go out in front in a matter of milliseconds, finding the orders that are less than $15.85 and less than or equal to 100 shares. They execute a transaction, buy them up, sell to you, and pocket the difference.  You have been \"\"picked off\"\".  It's admittedly not the only way to use HFT equipment to make money, but it's definitely one way to do it.\""}
{"text": " \"I have my \"\"safe\"\" money in index funds but like to dabble in individual stocks. My criteria and thought process are usually like this, let's use SBUX as an example: Understand what the company does. Also paraphrased as \"\"buy what you know\"\". A profitable/growing business doesn't need to be complicated. Open stores. Sell coffee. For SBUX, my decision process literally started inside a store: \"\"Rocky, why are you standing in line to overpay for coffee? Wow, look at all these people! Hmmm. I wonder if this is a good stock to buy?\"\" Check out their fundamentals. Are they profitable? P.E.ratio, book value, and PEG are helpful, and I tend to use them as a gauge for whether I think the stock is overpriced or not. I compare those values to others in the industry. SBUX right now has a PE of ~30, which looks about average for its peers (PEP, KKD, GMCR). So far so good. Does it pay a dividend? This isn't necessarily good or bad, just useful to know. I like dividend-paying stocks, even if it means the stock price might not grow as aggressively. Also, a company that pays a dividend is naturally confident in its ability to turn a profit and generate cash. So it's a safer pick, in my opinion. SBUX pays a dividend, a small one, but that's a plus for me. Am I willing to watch the stock? With my index funds, I buy and forget. With my stocks, I keep an eye on the situation, read the news, and have to make a buy/sell decision regularly. With SBUX, I don't watch all that closely, I just keep up with the news. IMO, it's still a buy based on all the above criteria. And I feel less silly now standing in line to overpay for coffee.\""}
{"text": " \"You definitely need more information. This could be a number of things. First of all I don't understand the reason for the 48 hours. I would definitely ask them to clarify why this is the case. Why are they noticing this a year later?  You are indeed a participant in the company 401k. the plan is theirs, and you are agreeing to play by their rules when you enroll. I would call HR and get more info. This could be excess contribution or a \"\"bank error in your favor\"\" that they have found. It sounds like they over matched your 401k sense they want the money back.\""}
{"text": " Don't worry about it. One of the big banks who like to whine a lot about defaulting borrowers is sending credit cards to a former resident of my home. The guy died in the late 90s."}
{"text": " The virtual classrooms won't replace the expensive schools at the high end (for many of the reasons you describe).  They'll compete on the low end with public schools.  I agree it won't happen in the near future -- it'll happen when prices get so high that there's a significant increase in student loan defaults.  That will be the breaking point, and people will start to look for alternatives."}
{"text": " 1.Charges or Fee: These are only applicable if you buy something use Credit Card and do not payback in time. Otherwise if you just have a Credit Card, most of them are free. There are some that charge annual fee. You will know when you apply for a card. 2a. Depoist Money [Voucher]: You can deposit money on your card account by check, or online transfer or by visiting the Bank Branch. I am not sure what Voucher you are talking about. You will have to find that out from the company that issued the voucher. 2b. Withdraw from ATM: Withdrwals are charged typically 5%, plus fixed Rs 50. Plus interest if you have not paid back in time. Are you are having excess money, there will be no interest charge. Check with the card on the exact charges. 3.Excess transfer to Bank: The excess can be transferred to Bank account by making a request to the Card Company and giving out the details. The Card Company would have a defined timeline for this. Most of the Banks that issue cards have a policy not to keep excess deposits longer. What you are trying to do it not a routine transaction and depends what you are trying to achieve."}
{"text": " If you're thinking of going back to your home country, you need to check whether you're allowed to keep foreign accounts once back there. In some countries having a foreign account may be illegal. In this case - don't contribute to 401K as you'll have to withdraw, and pay the penalty. If, however, your country of origin doesn't care about you having an account in the US - keep it, and contribute, because then you'll achieve these nice things:"}
{"text": " The offered services by Raheja Revanta Gurgaon are too most modern amenities such as Swimming pool; Kids play area, Hospitals, Party... Raheja Revanta Located just off NH8 near the Intersection of Northern Periphery Road, Southern Periphery Road &amp; NH-8. In close vicinity of proposed Metro line."}
{"text": " \"I believe MrChrister's answer is correct:  Since they're FDIC insured, they are \"\"legit.\"\"  Second, on the seemingly too-good-to-be-true rate: They're basically making up the difference on other fees (not necessarily paid by you) in order to offer you the higher-than-market rate. I'd like to point out two things not mentioned about the current rate offer, though: The high 4.09% APY advertised is only on balances up to $25,000; anything over that threshold is at a lower 1.01% APY. The offer also states in the footnotes: \"\"Rates may change after the account is opened.\"\" You might want to see if they have a good history of paying higher than average interest rates. You wouldn't want to switch only to find out the promotional rate was a teaser that soon gets reduced.\""}
{"text": " China owes the white people. The fact that China didn't want to bail out a bunch of lazy entitled cheese eating surrender monkies is outrageous. After all, why wouldn't China want to recreate post opium war/boxxer rebelllion era relations with Europe?"}
{"text": " I said the point is to create value. For a growth company, the best way to create value is to reinvest cash in the business and grow the company so that they can have larger earnings and therefore larger dividends in the future.  For a company like Apple, which is no longer a growth company, they should be distributing earnings instead of hoarding them and essentially buying treasuries on their shareholders' behalf."}
{"text": " \"There's no objective definition of what your house is worth between sales.  If you sell it for $107K, then that's the current functional definition of its worth.  There is not \"\"extra\"\" money to be had because you sold it for less than it was worth.  If the buyer is able to flip it for more, then the value of the house effectively went up and he will pocket the difference when he sells it. EDIT This turned out to be unexpectedly controversial, so let me be more precise in my answer.  I think this is important because it seems like many people misunderstand equity and how it figures (or doesn't) into the value of their home, which then leads to significant confusion and errors in what's many people's largest single investment. At any given time there are several possible ways to put a dollar value on your home.  A non-exclusive list that includes: Some of these obviously are more \"\"official\"\" than others. It would not be strange for these different values to vary by quite a bit at any given time. (This is what I meant in my original answer when I said there's \"\"no objective definition of what your house is worth between sales.\"\") The interesting thing - and what I meant in my original answer when I wrote \"\"current functional definition of its worth\"\" - is that none of these factor directly into the transaction that the OP described of selling his house except for the last.  Using the numbers from the OP's example, that means the $107K.  Wherever the OP got the number $155K (either from one of the options on my list above or somewhere else), it won't be directly part of the sale between him and his friend. (For completeness, with a nod to Eric's comments on my original answer, some of these numbers may indirectly influence the sale.  For example, the buyer typically won't be able to get a mortgage for a value greater than the appraised value of the house, and so that might influence what he's willing and able to bid.  There may also be tax consequences if the price is artificially low, like, say, a gift.  As further expounded below, however, that's not directly relevant to answering the OP's stated question.) Now, the OP seemed to believe that there is an \"\"extra\"\" $48K in cash up for grabs in this scenario.  That comes from the $155K value that the OP claims his house has and the $107K price of the actual proposed sale.  This is a complete misconception.  When the buyer and seller sit down at closing and the title agent sums up who owes and who receives cash in this transaction, the $155K \"\"theoretical\"\" value will not enter into the calculation and therefore no one will pocket it. Subsequently, however, after the buyer takes possession, he may sell it.  If it's true that he \"\"got a deal\"\" on the transaction at $107K, then he maybe able to flip it and turn a profit.  But if that happens, it will be in a completely separate, subsequent transaction. Even if you look to this hypothetical second sale, however, the $155K doesn't really figure.  The new owner will have to find his own buyer, and they will have to agree on a price.  That might happen to be $155K, but there's no real reason to believe that it will or it won't.\""}
{"text": " \"An employee costs the company in four ways: Salary, taxes, benefits, and capital. Salary: The obvious one, what they pay you. Taxes: There are several taxes that an employer has to pay for the privilege of hiring someone, including social security taxes (which goes to your retirement), unemployment insurance tax (your unemployment benefits if they lay you off), and workers compensation tax (pays if you are injured on the job). (There may be other taxes that I'm not thinking of, but in any case those are the main ones.) Benefits: In the U.S. employers often pay for medical insurance, sometimes for dental, life, and disability. There's usually some sort of retirement plan. They expect to give you some number of vacation days, holidays, and sick days where they pay you even though you're not working. Companies sometimes offer other benefits, like discounts on buying company products, membership in health clubs, etc. Capital: Often the company has to provide you with some sort of equipment, like a computer; furniture, like a chair and desk; etc. As far as the company is concerned, all of the above are part of the cost of having you as an employee. If they would pay a domestic employee $60,000 in salary and $20,000 in taxes, then assuming the same benefits and capital investment, if a foreign employee would cost them $0 in taxes they should logically be willing to pay $80,000. Any big company will have accountants who figure out the total cost of a new employee in excruciating detail, and they will likely be totally rational about this. A smaller company might think, \"\"well, taxes don't really count ...\"\" This is irrational but people are not always rational. I don't know what benefits they are offering you, if any, and what equipment they will provide you with, if any.  I also don't know what taxes, if any, a U.S. company has to pay when hiring a remote employee in a foreign country. If anybody on here knows the answer to that, please chime in. Balanced against that, the company likely sees disadvantages to hiring a foreign remote employee, too. Communication will be more difficult, which may result in inefficiency. My previous employer used some contractors in India and while there were certainly advantages, the language and time zone issues caused difficulties. There are almost certainly some international bureaucratic inconveniences they will have to deal with. Etc. So while you should certainly calculate what it would cost them to have a domestic employee doing the same job, that's not necessarily the end of the story. And ultimately it all comes down to negotiations. Even if the company knows that by the time they add in taxes and benefits and whatever, a domestic employee will cost them $100,000 a year, if they are absolutely convinced that they should be able to hire an Austrian for $60,000 a year, that might be the best offer you will get. You can point out the cost savings, and maybe they will concede the point and maybe not.\""}
{"text": " FI funds don't always drop in rising rate environments, and can outperform thanks to simple bond math and the way the indexes are built.  It's one of the places where it's very easy to argue in favour of some form of active management."}
{"text": " There is heap of instances where you may want a franchise lawyer. For instance, during the ending of your franchise lawyer California  agreement, an attorney can make certain that the conditions of the agreement are being duly observed. Likewise, in instances of statutory compliance, your attorney can not only interpret and defend you but can also work as a link between you and the franchise lawyer California. This can help break up whatever matters or concerns arising out of a franchisor's allegation."}
{"text": " It is a sign of the times. Companies like Monster.com apply to jobs all over the world for their clients, and flood companies with resumes. If you mean this is a metric highly correlated to unemployment, then you are incorrect. Job applications for one job at a Hyundai plant in Alabama are not, in fact, a sign of the times."}
{"text": " I really doubt that this is an idea the people who own the working machines can get behind.    Also machines taking away work is an illusion. It just changes what work is. I would argue guaranteed income is less important than the means (whatever they may be) for the workforce to effectively train or retrain for what's needed. That said I also feel that people use the term work and 'what makes money' interchangeably and it seems that this is changing."}
{"text": " \"... what does any broker encourage? The ability to buy or sell at the market. How do they encourage that? By allowing people to do it at a lower cost. So, whatever others \"\"encourage\"\" people to do, Robinhood does the same, just for less money.   Do people always do what's best or most successful? No, some people like taking in lots of risk for the opportunity for a greater reward, do they understand what they're doing? If they don't, they will as soon as they start losing all their money.   Robinhood is no different than other brokers, just allows for cheaper opportunity.\""}
{"text": " it sounds like you don't have experience in this, and neither does your *investor*; which is a recipe for disaster (pun intended).  Your first order of business is to check whether your investor is an *Accredited Investor* (google to see what it means), if s/he's not, **walk away**.  If s/he's an accredited investor, find a lawyer who can help you navigate this process, however these are the issues:  * lawyers are expensive, and lawyers who have experience in these type of transactions are even more expensive * you actually need 2 lawyers, one for you and one for the investor * if neither of you have experience, there will be a lot more billable hours from the lawyers.....  In principle this can go 3 ways:  1. The investors give you a loan, you pay them interests on a periodic basis, and then also principal.  Items to be negotiated: interest rates, repayment schedule, collateral, personal guarantees. Highly unlikely this is what the investors wants.  2. The Investors get equity. items to be negotiated: your compensation, % of ownership, how profits are divided, how profits are paid; who gets to decide what.  3. A combination of 1 and 2 above, a *Convertible Note*.  There's a lot more, too much for a Reddit post.  There's not an easy ELI5."}
{"text": " \"&gt;The question confronting us all is not if, but how will civilization evolve from the unsustainable centralized control of industrialization to the freedom of technologically enhanced open systems?  Industrialization and central control aren't even relate-able concepts. Unless you count that you learned about them both in \"\"Social Studies\"\".  Additionally, the author has no concept of how finance operates.\""}
{"text": " The working principle of the water conditioner is based on a theory. Which states that an electromagnetic or electric field causes little precious stones of calcium carbonate in the water to consolidate to frame bigger gems.  If you have hard water, an Electronic water conditioner is a solution to dry skin and limescale buildup in pipes and appliances. Here\u2019s how just one system can technically improve your water."}
{"text": " Assuming you were immersed in math with your CS degree, the book **'A Non-Random Walk Down Wall Street' by Andrew Lo** is a very interesting book about the random walk hypothesis and it's application to financial markets and how efficient markets might not necessarily imply complete randomness.    Lots of higher level concepts in the book but it's an interesting topic if you are trying to branch out into the quant world.  The book isn't very specific towards algorithmic trading but it's good for concept and ideas.  Especially for general finance, that will give you a good run down about markets and the way we tackle modern finance.    **A Random Walk Down Wall Street** (which the book above is named after) by **Burton Malkiel** is also supposed to be a good read and many have suggested reading it before the one I listed above, but there really isn't a need to do so.    For investing specifically, many mention **'The Intelligent Investor' by Benjamin Graham** who is the role model for the infamous Warren Buffet.  It's an older book and really dry and I think kind of out dated but mostly still relevant.  It's more specifically about individual trading rather than markets as a whole or general markets.  It sounds like you want to learn more about markets and finance rather than simply trading or buying stocks.  So I'd stick to the Andrew Lo book first.    ---  Also, since you might not know, it would be a good idea to understand the capital asset pricing model, free cash flow models, and maybe some dividend discount models, the last of which isn't so much relevant but good foundations for your finance knowledge.  They are models using various financial concepts (TVM is almost used in every case) and utilizing them in various ways to model certain concepts.  You'd most likely be immersed in many of these topics by reading a math-oriented Finance book.  Try to stay away from those penny stock trading books, I don't think I need to tell a math major (who is probably much smarter than I am) that you don't need to be engaging in penny stocks, but do your DD and come to a conclusion yourself if you'd like.  I'm not sure what career path you're trying to go down (personal trading, quant firm analyst, regular analyst, etc etc) but it sounds like you have the credentials to be doing quant trading.    ---  Check out www.quantopian.com.  It's a website with a python engine that has all the necessary libraries installed into the website which means you don't have to go through the trouble yourself (and yes, it is fucking trouble--you need a very outdated OS to run one of the libraries).  It has a lot of resources to get into algorithmic trading and you can begin coding immediately.  You'd need to learn a little bit of python to get into this but most of it will be using matplotlib, pandas, or some other library and its own personal syntax. Learning about alpha factors and the Pipeline API is also moderately difficult to get down but entirely possible within a short amount of dedicated time.     Also, if you want to get into algorithmic trading, check out Sentdex on youtube.  He's a python programmer who does a lot of videos on this very topic and has his own tool on quantopian called 'Sentiment Analyzer' (or something like that) which basically quantifies sentiment around any given security using web scrapers to scrape various news and media outlets.  Crazy cool stuff being developed over there and if you're good, you can even be partnered with investors at quantopian and share in profits.    You can also deploy your algorithms through the website onto various trading platforms such as Robinhood and another broker and run your algorithms yourself.    Lots of cool stuff being developed in the finance sector right now.  Modern corporate finance and investment knowledge is built on quite old theorems and insights so expect a lot of things to change in today's world.  ---  With a math degree, finance should be like algebra I back in the day.  You just gotta get familiar with all of the different rules and ideas and concepts.  There isn't that much difficult math until you begin getting into higher level finance and theory, which mostly deals with statistics anyways like covariance and regression and other statistic-related concepts.  Any other math is simple arithmetic."}
{"text": " Generally stock trades will require an additional Capital Gains and Losses form included with a 1040, known as Schedule D (summary) and Schedule D-1 (itemized).  That year I believe the maximum declarable Capital loss was $3000--the rest could carry over to future years. The purchase date/year only matters insofar as to rank the lot as short term or long term(a position held 365 days or longer), short term typically but depends on actual asset taxed then at 25%, long term 15%.  The year a position was closed(eg. sold) tells you which year's filing it belongs in. The tiny $16.08 interest earned probably goes into Schedule B, typically a short form. The IRS actually has a hotline 800-829-1040 (Individuals)  for quick questions such as advising which previous-year filing forms they'd expect from you.  Be sure to explain the custodial situation and that it all recently came to your awareness etc. Disclaimer: I am no specialist. You'd need to verify everything I wrote; it was just from personal experience with the IRS and taxes."}
{"text": " In investment and corporate banking, Analyst is a catch-all term for entry level positions. They are expected to be proficient in Excel and financial markets/modeling, but not necessarily programming unless it's a Quant role. Specifics are different for every group but the common factor is time at the office. They work at least 60 hours a week.  In my experience the only certification that matters to employers is CFA and it's an intense multi-year commitment. But passing the Level 1 exam would look good on a resume.  Analyst can mean different things in research or corporate finance, but I don't have much experience there."}
{"text": " Close to ten years for me. I went in at 5:58pm to get  a battery charger and asked someone where they were. He said that the store was about to close and he was outta there and walked off. Amazon is infinitely easier for non-emergencies."}
{"text": " Well I'm not going to bust out people who do illegal drugs (illegal in my state) and choose to actively violate their employment contracts.   Call it what you will.   One can also claim that stating pot has no negative impact on work performance is also anecdotal."}
{"text": " Completely agree with this, especially with the level 2 comment. Some sections in the Schweser level 2 books are quite scarce, and will need additional research.   I just passed level 2 this June, and I have pretty much never used the CFAI materials; they are very long and time consuming, whereas the Schweser resources were much shorter, yet still comprehensive enough. Of course, you are in this to improve yourself and learn as much as you can about the world of finance, so if you are not under time pressure, perhaps it may be better for your long term understanding to learn the content from the CFAI resources.   One thing I would stress is to do the Mock exams and topic tests on the CFA website, as this is probably the most important component of your studies. Use these resources to find your weaknesses and fill in the gaps from there.   You should skim read those blue boxes which contain worked examples, but personally I found the end of chapter questions to be too easy and a waste of time tbh.  Hope that helps a bit; all the best for your studies.   TL;DR  Schweser materials are more concise and a better option Regardless of what you use, do official CFA mocks &amp; topic tests"}
{"text": " True.  What really triggered it was anti-competetive practices that harmed consumers.  In the current administration and appointments, with their pro-business stances, I don't see anything actually being done about it.      It's also arguable that Wamart no longer has enough retail market share to meet the bar for action, even under other administrations."}
{"text": " From what I understand, you have money earned in US and after paying taxes that are due in the US, you have transferred a portion of this to your brother. As you have earned this money outside India, there is not tax liability of this amount in India. Your giving it to your brother would at best be treated as GIFT [and not Income]. As you are giving it to your brother there is no limit on the amount of money that can be gifted. There is no tax liability for your brother. For more details read the  http://www.moneycontrol.com/news/tax/gift-tax-whatsa-gift_664238.html http://www.thehindubusinessline.in/bline/blnri/exp-tax.htm"}
{"text": " \"Anytime you do work without any payment until the work is complete, you are effectively extending credit to the party receiving your service. How much credit you are willing to extend will vary greatly, depending on the amount and the trustworthiness of the party. For example, if you are charging $50 for something, you probably won't bother to collect money upfront, whereas if you are charging $5,000 you probably would collect some upfront. But if the party you are working for is a large financially sound company, the number may be even much higher than $5K as you can trust you will be paid. Obviously there are many factors that go into how much credit you are willing to extend to your customer. (This is why credit reports exist for banks to determine how much credit to extend to you.) As for the specific case you are asking about, which may be classified as a decent amount of work for a small business, I would default to having a written scope of work, a place in the document for both parties to sign, and specify 50% upfront payment and 50% payment at completion. When you receive the signed document and the upfront payment (and possibly even after the check clears), you begin work. I would call this my \"\"default contract\"\" and adjust according to your needs depending on the size of the job and the trustworthiness of the customer. As for your question about how to deposit the check, that depends on what type of entity you are. If you are a sole proprietor you should ask for the checks to be made out to you. If you are a business then the checks should be made out to your business name. You don't need \"\"in trust\"\" or anything similar because your customer, after paying the upfront fee, must trust that you will do the work you promise to do, just like you have to trust that after completing the work you will receive the final payment. This is the reason the default is 50% before and after. Both parties are risking (roughly) the same amount. Tip: having done the \"\"default\"\" contract many times in my career, both as a sole proprietor and a business owner, I can assure you there is a big difference between a potential customer agreeing to something in advance, and actually writing a check. The upfront payment definitely helps weed out those that were never going to end up paying you, even if their intentions were good. Tip 2: be as specific as possible as to what the scope of work will include. If you don't, particularly with software, they'll be adding feature after feature and expecting it to be \"\"included\"\".\""}
{"text": " \"This \"\"article\"\" is a piece of fucking trash. There is no argument here. It's just, \"\"well doesn't that sound ridiculous?\"\" No definition of \"\"societal value\"\" or even \"\"society\"\" is ever given at all. No consideration of the value of a strong economy is given; no specific, quantitative arguments are provided; and no credit is given to capitalism not only for lifting billions of people from crippling poverty to recently unimaginable wealth, but for being the only system to ever do so.   Are food, shelter, and clothing basic human needs? Obviously. How do most people attain these needs? By working for a wage/salary for some company, which are reliant on a functional financial system. Derp.\""}
{"text": " \"In my experience, in a house share situation, it seems to come down to how comfortable the occupants feel and how much of their own space they want.  For example, I've come across lots of situations where someone is renting a room from a live in landlord, but in practice the two housemates (or roommates if you prefer) have equal run of the place and may even share food and hang out together and also the opposite, where people are sharing a property as equals, but tend to stick to their own room and don't share, or even more extreme, where they are technically equals but subject to one or more very domineering housemates (roommates).  This happened to someone I know who was renting with two \"\"friends\"\" but was forced to move out.  I run a website - aimed at lodgers and live in landlords, and house sharers to a lesser degree, mostly from the UK, but relevant everywhere as I deal with much more than legalities and tax. I came across this thread as I wanted to explore the difference in the US between a lodger and a roommate.  From what I gather, the term \"\"lodger\"\" is understood, but the term \"\"roommate\"\" is more typically used to mean a lodger, which in itself suggests a more equal arrangement than in the UK, where we're more used to owning property than renting, and certainly sharing.  However, I believe that if you're letting a room to someone, and they pay you a reasonable rent and respect both you and your home, you should be prepared to treat them as an equal on a day to day basis.  If you're not, then you naturally won't attract either the best rent, or the best lodger/roommate, however desirable the property.\""}
{"text": " Well, I'd argue they aren't technically 'supposed' to lose cash; VCs and other investors are just ok with it if the growth justifies the loss.   Of course then again, people apparently still own snapchat stock, so who knows."}
{"text": " I think that Westerners often overestimate how much influence the West has over developing countries, like those in Africa, and that there are a million other factors that most of the Western public simply doesn't see.   Yes, agricultural production has increased significantly because of Western (and Eastern) demand, which calls more children into laboring in those fields, because *that's just how it's always been done* in those cotton-producing countries. Of course, more business also means more income for those farmers, who you can bet your bottom dollar would ask consumers to buy MORE of their cotton, and not less.  Higher incomes leads to many other positives for the local and national economy, families, individuals and, yes, those children. That's not to say that schooling wouldn't be preferable to child labor, but (1) that's not ultimately our decision, and (2) that makes a quite questionable assumption that decent, affordable, accessible schooling even exists there.   So my assessment is that Western demand for cotton is a positive for the kids in Burkina Faso. What's more, I will guarantee you that even with all the failings and unpleasant parts of the world cotton commodity trade, Burkinabe cotton farmers would agree."}
{"text": " Those who are looking for Taxi Booking App like Uber, must visit 'Depextechnologies.com'. Uber clone is an online taxi booking Software. Depextechnologies offers Cabying that is highly scalable, robust and integral website &amp; mobile applications. Explore their website to know more."}
{"text": " \u200bEstimated Start-Up and Operating Costs in Chartering a Credit Union notes in part: Given the significant costs involved, most groups seek grant money and   non-member deposits (if pre-approved for the low-income designation)   to help subsidize the pre-chartering costs and annual operating   expenses. Thus, in forming the union there would be the money from members and possible grants to ensure completion of the chartering process which is how one starts a CU in the US."}
{"text": " Drinking is debatable, alcoholism is net negative, drunk driving is net negative. Alcohol on its own doesn't kill. It's not quite the same as cigarettes. Maybe we just start with products that kill, that way the moral question isn't so blurry?"}
{"text": " They tried, but as government workers their laziness took over.  I went to the post office to get my passport shit sorted. I waited 10 minutes for someone to waddle out from back. I didn't even wait for them to show up, I left because the sign told me I didn't have the right stuff anyway."}
{"text": " \"The supposed the-sky-is-falling \"\"$5000\"\" figure would require *five hundred* transactions. If anybody actually did that across the 8 days the promotion was active that would require *62.5 transactions per day*.  I think it's more likely that someone was making shit up on the internet.\""}
{"text": " Cleaning the skin with water and detergents did not help at all. The water and the detergent solution just flowed over the pores and the pores continued to be blocked. When the same skin was exposed to Clarisonic original 2-speed Sonic Skin Cleansing System, the pores instantly opened and the microscope revealed the dirt and grime popping out of the pores. This led to skin that was not only 100% clean, the absence of dirt in the pores made it feel soft to the touch."}
{"text": " The best way is to retain the charge slips. After you are done for the month you can discard them.   Alternatively if you are using any of the personal finance tool or a simple XLS to track exepnses, it would be easy to figure out what you actually spent and what was not yours."}
{"text": " Excellent Question!  I agree with other repliers but there are some uneasy things with index funds. Since your view is death, I will take extremely pessimist view things that may cause it (very big may): I know warnings about stock-picking but, in imperfect world, the above things tend to happen. But to be honest, they feel too much paranoia. Better to keep things simple with good diversification and rebalancing when people live in euphoria/death. You may like Bogleheads.org."}
{"text": " \"Her \"\"experience\"\" over the past 10-15 years ago is not relevant and the fact is that it ended with the worst and biggest security breach in the history of the world.  Do you want me to give you quotes of what Susan said \"\"from her experience\"\" in professional discussions about security? To see how clueless she was.  Let's be brutally honest: what are the chances do you think that Susan got her job because she was an expert and the best choice for the job? I, with at least 98% certainty, am sure that she got her job because she knows someone, or someone at Equifax knows her.  Anyway, enjoy the great experience, talent and knowledge that Susan has in this discussion:  [http://archive.is/6M8mg](http://archive.is/6M8mg)  &gt; Susan: \u201cThere are a lot of things to consider with that. One school of thought says that **when you put corporate assets into the cloud, they are more secure because you know exactly what you have there. You have an exact inventory, you know exactly who has access to that data, and how it is controlled.**\"\"  This is so dumb and so incorrect and untrue.\""}
{"text": " UK is still in Europe, leaving the union doesn't change that. I would change my original claim that they are doing fine, Italy is improving, but not at a good state yet. They are years away from that. However, you omitted all the great countries that I mentioned doing well.   Conclusion? They are individual states, each with their own political systems and leaders."}
{"text": " But they don't fill the same roles oi society. You can't run into an Amazon that is 5 minutes away and grab a few things you need right away but you can with Walmart. Amazon filled the hole of easy online shopping with a focus on consumers. I understand that they can and could very well take out Walmart at some point but that also assumes Walmart will not adapt at all to the changes they certainly see coming. Assuming it happens soon implies Amazon nailing 1-2 hour delivery really soon. They will also need to have those virtual stores hammered down as well I think, though perhaps not. My point is that it's not nearly as cut and dry as you make it out to be and it's not imminent by any means."}
{"text": " Depending on who you have the loan through and how they figure the interest charges (whether daily, monthly, bi-monthly, etc. normally monthly I would assume), your interest is probably figured either daily or once a month.   Let's assume that it is figured daily, otherwise it wouldn't make sense to make bi-weekly payments.   At 4% Annual Interest on a $150,000 home loan the interested added each day is about $16.44, but it doesn't stop there because it is compounding interest daily so the next day it becomes 4% of 150,0016.44 (which is negligibly larger amount) and they will tack on another $16.44. So what will happen is that the amount of interest you owe grows rather quickly, especially if you miss a monthly payment.  Everyone knows that the faster you pay something off the less interest you pay, but not everyone knows the formula for compounding interest.  a quick Google search rendered this site with a simple explanation Compound Interest Formula  unfortunately this formula doesn't take into account the payments being made. The big thing with making your payments bi-weekly rather than a bigger payment once a month is that you pay off some of that principle right away and it won't collect interest for 14 more days. if the interest is only calculated once a month, make your full payment before the interest is calculated, the same goes for your credit cards."}
{"text": " No. There is no asset associated with your short position, so there's nothing to gift. The short position in the stock is purely a liability. When you note that you have a profit in the position, what you mean is that the cash you made when you shorted the stock is more than enough to cover the short position. The only asset in this picture, then, is the cash you made when you entered the short position."}
{"text": " I found the zephyr database, which does the job. Nonetheless if someone knows other (open) sources, be welcome to answer."}
{"text": " \"Not having seen the movie, I don't know what you mean by \"\"fraudulent options buys.\"\" But there are two possibilities: 1) Someone placed buy orders on the account without authorization. In which case it comes down to a protracted lawsuit to determine whether the broker exercised due diligence, or whether Bruce foolishly gave someone his password. 2) The options themselves were fraudulent. In which case the OCC is responsible for making everyone whole.\""}
{"text": " Is there anywhere I can get further information? I ask because I'm thinking about an alternative theory of money where companies can issue bonds as currency, and we can have coexisting monetary policies.  These relate to what i'm saying:  http://www.reddit.com/r/finance/comments/utf5u/where_has_all_the_money_in_the_world_gone/c4yfkhg  http://www.radicalsocialentreps.org/2012/07/open-source-currencies-on-the-rise-in-greece/   http://www.businessinsider.com/why-are-central-banks-independent-2012-5  http://truth-out.org/news/item/11868-spain-and-greece-are-being-forced-to-suffer-to-save-germany-from-high-inflation"}
{"text": " I would go speak to the bank manager. With Wells, you have to make sure it is the bank manager and not a service manager or something you are talking to (I learned that a few months ago).  Tell her/him exactly what happened in detail and that you want the credit card closed and the credit inquiry removed from your credit report. Further, say that once all of that is done, you will decide whether to continue banking with them and whether any legal action is appropriate.  If they give you any kind of push back, I'd get advice from a lawyer. The truth is they did open an account against your expressed wishes and it required them to check your credit so it does constitute fraud unless they can produce a signed document saying you agreed to the card.  Edit: I just saw that this happened about a year ago. It may have been easier if you had done something at the time and may be more difficult if you've used the card in the meantime."}
{"text": " \"Allen, welcome to Money.SE. You've stumbled into the issue of Debt Snowball, which is the \"\"low balance\"\" method of paying off debt. The other being \"\"high interest.\"\" I absolutely agree that when one has a pile of cards, say a dozen, there is a psychological benefit to paying off the low balances and knocking off card after card. I am not dismissive of that motivation. Personal Finance has that first word, personal, and one size rarely fits all. For those who are numbers-oriented, it's worth doing the math, a simple spreadsheet showing the cost of the DS vs paying by rate.  If that cost is even a couple hundred dollars, I'll still concede that one less payment, envelope, stamp, etc, favors the DS method. On the other hand, there's the debt so large that the best payoff is 2 or 3 years away. During that time, $10000 paid toward the 24% card is saving you $2400/yr vs the $500 if paid toward 5% debt. Hard core DSers don't even want to discuss the numbers, strangely enough.  In your case, you don't have a pile of anything. The mortgage isn't even up for discussion. You have just 2 car loans. Send the $11,000 to the $19K loan carrying the 2.5%. This will save you $500 over the next 2 years vs paying the zero loan down. Once you've done that, the remaining $8000 will become your lowest balance, and you should flip to the Debt Snowball method, which will keep you paying that debt off.  DS is a tool that should be pulled out for the masses, the radio audience that The David (Dave Ramsey, radio show host) appeals to. They may comprise the majority of those with high credit card debt, and have greatest success using this method. But, you exhibit none of their symptoms, and are best served by the math. By bringing up the topic here, you've found yourself in the same situation as the guy who happens to order a white wine at a wedding, and finds his Mormon cousin offering to take him to an AA meeting the next day.  In past articles on this decision, I've referenced a spreadsheet one can download. It offers an easy way to see your choice without writing your own excel doc. For the situation described here, the low balance total interest is $546 vs $192 for the higher interest. Not quite the $500 difference I estimated. The $350 difference is low due to the small rate difference and relatively short payoffs. In my opinion, knowledge is power, and you can decide either way. What's important is that if you pay off the zero interest first, you can say \"\"I knew it was a $350 difference, but I'd rather have just one outstanding loan for the remain time.\"\" My issue with DS is when it's preached like a religion, and followers are told to not even run the numbers. I wrote an article, Thinking about Dave Ramsey a number of years back, but the topic never gets old.\""}
{"text": " I would like to add that coworkers who do give their employer free time are half the problem, as they are enabling this behavior from management. And, why do they do this? Because they are trying to impress management. So, the employee who gives free time to a company is actually *more* selfish than the one who refuses to work more than 40 hours. They are adversely affecting other fellow employees in their own self-interest. I severely resent any employee who regularly gives free time to a company."}
{"text": " Yes, just SHA1 convert of my hash and then a search through the list. A couple of friends looked and they weren't there. It's about 10% apparently - I'd imagine 150m+ users are going to have more than 6.5m passwords amongst them."}
{"text": " \"&gt;The offending passage from his New York Times piece (link) reiterates the economic truism that debt is \u201cmoney that we owe ourselves.\u201d  &gt;This is misdirection through aggregation, conflating corporate and government debt owned by pension funds and charitable organizations with underwater mortgages, student loans and sub-prime auto loans in their economic effects. And within his own economics, disaggregating the \u201cwe\u201d renders far different results than he suggests.  I have always felt that anyone quoting that phrase \"\"debt is [just] money that we owe ourselves\"\" to be a total ASS or a consummate con-artist. They are either truly ignorant (and just regurgitating an indoctrinated dogma in a rote fashion like a trained dog); OR they are being disingenuous and intellectually dishonest.  It is NOT an \"\"economic truism\"\", it is an utterly useless, rhetorical, tautological *inanity* (well, useless UNLESS your purpose is to obfuscate, mislead, and misdirect and confuse people).\""}
{"text": " I can't say if there is anything specific that makes lending illegal, but if your company goes bankrupt, you might end up in trouble.  First, it's a loan. It must be repaid. It must be in the books as a loan, and if your company couldn't pay its bills, you would have to ask for the money back. If the company goes bankrupt, your creditors will ask for the loan to be repaid.  Now if things are worse, your company goes bankrupt, and the person cannot pay back the money, then you could get into real trouble. Creditors won't like that situation at all. They will claim that you moved that money aside to protect it from creditors. They might be able to force you personally to pay, or even start criminal charges against you if you can't pay either.  In the UK (and probably elsewhere) it's criminal for the company to pay dividends if that means it cannot fulfil its financial obligations. If there is no money left because of that loan, then you can't get dividend payments from your company.  So as long as your company's finances are fine, and that person's finances are fine, you will be Ok (except I don't know if you would need a license), but if there are financial problems then being an LLC might not protect you."}
{"text": " ATM surcharges exist based on the preference of the ATM owner, not the country where it sits.   I believe that any country could have these ATMs if the owner so desired."}
{"text": " Yeah I'm exaggerating for effect.  I'm certain that most places aren't as bad as I'm making them out to be...but *one place*, wherever that is, is much, much worse. Someone is always running an absolute disaster of a key business program(s) out there."}
{"text": " \"Soft / Sales skills are crucial for  more  industries, just treat this as a course in communication / stress management.  There's a great book called \"\"92 ways to  talk to anyone\"\", use this book and others as theory, and your internship as experience for this.\""}
{"text": " People have to write that program.. and someone has to upkeep the program and make it interact with an os that is changing not to mention people have to actually use the program also there is always better and more complex programs to write i wouldnt be suprised if the jobs lost through software automation are replaced by programmers and technicians"}
{"text": " I'd buy that. I get the sense that Amazon's looking for talent + low COLA areas so they don't have to pay as much (though obv tax breaks can change the equation). Both Austin + Chicago have a burgeoning tech scene, so I can see the same case for both."}
{"text": " I work in sales so I'm not entirely sure, but there is some crossover but more in the late stage. In the beginning they would mainly look at the financials and do the modeling. Operational due diligence is only done when there are real intentions to buy a company."}
{"text": " You can literally get better food from the freezer section at the grocery store.  That's fine, and people will still go to places serving that food if there's other redeeming qualities, but I didn't see any such qualities the couple times I've been to one of these places.  I don't get what the appeal is."}
{"text": " I understand what you're asking for (you want to write options ON call options... essentially the second derivative of the underlying security), and I've never heard of it. That's not to say it doesn't exist (I'm sure some investment banker has cooked something like this up at some point), but if it does exist, you wouldn't be able to trade it as easily as you can a put or a LEAP. I'm also not sure you'd actually want to buy such a thing - the amount of leverage would be enormous, and you'd need a massive amount of margin/collateral.  Additionally, a small downward movement in the stock price could wipe out the entire value of your option."}
{"text": " \"I have been in a very similar place like that before (as an intern) and got the hell out quickly.  Let me try to paint a picture.  On the 12th floor of a random NYC midtown building there will be a large office floor with long desks in several rows.  Around the outside against the windows will be maybe some empty conference rooms, random senior people you won't be allowed to talk to, and a poor, miserable compliance guy stuck in a backoffice somewhere.  Each desk will have a phone and a call sheet.  There wont be many computers anywhere - maybe one Bloomberg machine in the back.  Every single person in there is on the phone.  In fact, that will be your job.  Starting at 7:45 sharp, you will be at your desk.  At 8 oclock, you will start dialing the call sheet put on your desk.  If it is a bunch of residences, you will get angry house wives because their husbands are at work (dont \"\"pitch the bitch\"\"). Next call, you will get someone that passed away 2 years ago - mark your sheet \"\"dead\"\" and cross out as you are dialing the next number.  If you manage to get someone that answers their own phone at work and listens to a pitch, you will now get the opportunity to give a grandiose pitch on why a mid market, dividend paying stock is fantastic and should be bought now.  \"\"Now\"\" as in you have to open a brokerage account on the first call for no less than a $5k trade.  You will pitch them on why they dont need to ask their wife, why you will bring them great ideas.  Ask them what is their net worth - have they ever hired a broker over the phone (qualify them) or get hung up on.  Anything short of them threatening to call the SEC and cursing you before hanging up means you will be sure to call them again (a prospect actually picking up the phone is about a 1 in 20 dial event)  People just slamming the phones on you? - Call them back for fun because you \"\"got disconnected\"\".    If you ever manage to get a client, you will be charging them enormous percentages and fees to do simple trades. But dont worry, you probably wont get a client in the first 2 months, and even if you manage to get clients it will be maybe one or two a month.  Think about the sheer volume of calls you have to make - 300 - 400 calls a day is probably a normal pace.   You will meet the most insane people.  People will go down for lunch or coffee and never return to the office.  Most of the people there you wonder how they ever passed a series 7.  There are people that fail the 7 3 times and quit.  There will be a guy that opens 10 accounts a month and actually will be talking with two phones up to his ears at once.          This is the definition of a high pressure sales job.\""}
{"text": " Actually, Education is where there's no need for humans: videos and recorded lectures, AI teaching at your own level and pace are much better than a class of 30 students at different levels trying to get the attention of one teacher."}
{"text": " In all honesty, the best solution I've come across is Microsoft's now defunct Money."}
{"text": " There are two different ages, one where you can start withdrawing from the account, and a higher age where you must start withdrawing (at a minimum rate).  The withdrawals are treated like regular income, so they get taxed according to the same rates, and with the same deductions, as a salary."}
{"text": " \"**Lowes Foods**  Lowes Foods is a grocery store chain based in Winston-Salem, North Carolina. The chain's initial growth was in the mountains of North Carolina and rural areas of Virginia, but, starting in the late 1990s, has geared expansion towards metropolitan areas in North and South Carolina.  Until October 4, 2009, Lowes Foods used S&amp;H Greenpoints on their store discount card; this was replaced with \"\"Fresh Rewards\"\" on October 5. Many of Lowes Foods stores also offer Lowes Foods to Go, where shoppers can order groceries online and drive to the store to pick them up.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot/)   ^] ^Downvote ^to ^remove ^| ^v0.22\""}
{"text": " The easiest way is to walk over to any Bank that deals with Foreign Exchange or go to any Western union Money Transfer agencies, they will take the Euro and give you Indian Rupees. Passport is not required, but a proof of identity is required. Banks will also ask you question as to how you got the money, as long as you are able to answer them you will get the money. There would also be local Jewellary stores that would convert the money. If you are dealing with them be sure you have check the rates with few before going into the deal."}
{"text": " A technically strong stock or market is simply a stock or market which is up-trending and has been up-trending for a while. Just as a fundamentally strong stock is one with good fundamentals (a stock that is healthy and making higher profits year after year and continually improving), a technically strong stock has a healthy uptrend that continues to go up and up. Apple was technically strong until it hit $700 (its price stayed above the 200 day MA for a long period until after it hit $700, then broke down through the 200 day MA shortly after - the uptrend was over). I will usually buy stocks which are both fundamentally and technically strong, as a technically strong stock will generally stay technically strong longer if it also has strong and good fundamentals."}
{"text": " Another bit of advice specific to your scenario. Consider buying an ALMOST new car. Buying last year's model can knock a huge amount off the price and the car is going to still feel very new to you, especially if you buy from a dealer who has had it detailed."}
{"text": " I need you to open your eyes just a liiiiiiiiiiiiittle bit more. You act like the only kind of weed available are indica strands. I smoke marijuana because it fights my chronic fatigue and nausea. And every time you smoke doesn't get you stoned off your ass to the point where all you can do is sit on the couch and bum it. Some of the greatest minds smoked pot. You're just being willfully closed minded."}
{"text": " \"just one of my personal examples:  in a national sales contest, me against every man/office coast to coast, I came in first.  not only first, but nearly 3x better than the second placer  I was fired at year's end  reason:  \"\"wannabe2good, you just don't fit in\"\"\""}
{"text": " And we're talking only about trumps tax plan which is at 15%. Everyone wants to pay less taxes doesn't mean it's affordable. The Fortune 500 need to fork up the money. You know what would save you money? Bailing out homeowners by taxing the Fortune 500 500b and dishing out refinancing 100k to 5m owners at 1% which will all be returned to the coffers. Borrowing more and more pretending like it's poor people's fault isn't solving shit."}
{"text": " Generally speaking, you'll be able to keep it. Your spending ability may be reduced though. The published eligibility criteria aren't necessarily carved in stone anyway. Some road-warrior types with platinum cards who don't necessarily spend $250k a year will get the card offered to them."}
{"text": " HFT doesn't increase correlations nor do hedge funds, If you look at the euro crisis, correlations have skyrocketed, then in late december jan and feb during the rally the correlations started subsiding and specific risk started taking over, crisis mode increases correlations."}
{"text": " Right now is the perfect time to sell a business. The ideal time to sell a business is when.... The stock market is hot/high (it is) Interest rates are low (they are) Inflation rate is low (it is) Financing is abundant (it is) Market is brisk (it is) When demand is higher than supply (it is) Buyers abound (they are) Pricing is favorable (it is) The company is performing well The owner is ready"}
{"text": " From the first moment you can access your favourite games online. The GD2 ONE online casino also has weekly promotions and tournaments, which are available to our valued players. Our Player Club program offers the opportunity to increase your winnings. The more you play malaysia best slot game the more prizes you will win. Our promotions offer players a new and exciting challenge every month. Join in on the fun today and take advantage of GD2 ONE exclusive offers. Play in GD2 ONE and you will have access to the best online casino games where you can start playing."}
{"text": " \"Can you elaborate? What other countries are you talking about?   It's definitely not uncommon for publicly funded \"\"healthcare\"\" (unsure why you put this in quotations) to go to corporate revenues / profits. Canada and Switzerland are two examples off the top of my head who use similar systems. Many other countries use a private sector component.   \"\"The margins are huge\"\" largely because of government involvement. The bloated Resource-Based Relative Value Scale (RBRVS) standardized payment scheme determines payments for services based on the resource costs estimated by a committee that meets in private (the Relative Value Update Committee).   This impractical archaic value system has been adopted by 80% of private insurers, impairing their ability to drive down and offer more competitive prices.\""}
{"text": " You should consider using a lawyer as your agent. We once talked to one who was willing to act as our agent for a fixed fee. Not all attorneys can do it where we live, but there are plenty that can. We ended up going another route, but since then we have found a seller's agent that charges us a fixed fee of one thousand dollars (a great deal for us). We are using her again right now.  It's all about the contract. Whatever you can legally negotiate is possible - which is yet another reason to consider finding a real estate attorney."}
{"text": " This afternoon I used an ANZ ATM inside the Branch on Lane Xang Avenue. The ATM tells you the maximum. Pro tip: If the wad of bills is too thick you can change it at the teller to bills of 100,000 kip each to slim it down a little. I read on a forum that most other banks' ATMs in Laos have a maximum of 1,000,000 LAK but that ANZ's fees are a bit higher than the other ATMs."}
{"text": " I\u2019ve had to move 7 times in the past 3 years, a combination of military, civilian, and student permanent moves. Several of those times it was impossible to bring anything more than a backpack or some luggage so I basically had to start building my home all over.  So yeah mostly big ticket stuff (sonos are a must for me lol) but some late nights I might buy 4 pairs of timbs and wake up not remembering what I did lol."}
{"text": " Usually you want two consecutive quarters before declaring a recession.   This blog doesn't reference any seasonal adjustment; a one or two month decline may be to any number of reasons. E.g. labor numbers dropped this month largely attributed to weather. I only see screen shots of excel sheets, I'm not willing to invest any time into parsing that out :("}
{"text": " Maybe this just me, but learn to talk like an adult. I know it sounds like an insult to say this, but many interns where I work speak very casually, say 'like' frequently, and end all their sentences with an upturn, like a question.   I've worked many suit type jobs, and I find that young people are taken more seriously if they present themselves as adults."}
{"text": " \"I think Amazon wants to compete with Walmart the same way Target competes with Walmart.   California Walmarts are depressing. Target offers a somewhat better store with a little better products. My personal experience at Grossmont Center in La Mesa, where a target and a Walmart are anchor stores at either end of a mall, the difference is striking.   I assume (not having shopped at Whole Foods) that Whole Foods has a lot of products that people love. I also assume they are spending a ton on stocking a lot of pricey items that don't move. They might also have whole sections that loose money that may be more trouble than they are worth - the former owners may have thought they drove foot traffic, but Amazon may think otherwise.   In retail, the opportunity cost of having shelves full of crap no one buys is huge. The idea that shelf space is precious cannot be overstated. Amazon wants to use that badly-used shelf space for other stuff they know moves. Products they sell online already. Products their online stats says people who buy similar Whole Foods goods also buy. This means \"\"cheaper retail products\"\" - but I don't think it means expired yellow cake mix and a 30lb bucket of lard.\""}
{"text": " That's an excuse. During the 50s there were plenty of women in the workforce and nothing changed. If that's the case the income should have halved but in reality it's been reduced to about 30%. More to the point companies today couldn't afford to pay people the amount they paid in the past.  EDIT: Why am I being downvoted. Every I have said is 100% factual."}
{"text": " \"For some people, it should be a top priority.  For others, there are higher priorities.  What it should be for you depends on a number of things, including your overall financial situation (both your current finances and how stable you expect them to be over time), your level of financial \"\"education\"\", the costs of your mortgage, the alternative investments available to you, your investing goals, and your tolerance for risk. Your #1 priority should be to ensure that your basic needs (including making the required monthly payment on your mortgage) are met, both now and in the near future, which includes paying off high-interest (i.e. credit card) debt and building up an emergency fund in a savings or money-market account or some other low-risk and liquid account.  If you haven't done those things, do not pass Go, do not collect $200, and do not consider making advance payments on your mortgage.  Mason Wheeler's statements that the bank can't take your house if you've paid it off are correct, but it's going to be a long time till you get there and they can take it if you're partway to paying it off early and then something bad happens to you and you start missing payments.  (If you're not underwater, you should be able to get some of your money back by selling - possibly at a loss - before it gets to the point of foreclosure, but you'll still have to move, which can be costly and unappealing.)  So make sure you've got what you need to handle your basic needs even if you hit a rough patch, and make sure you're not financing the paying off of your house by taking a loan from Visa at 27% annually. Once you've gotten through all of those more-important things, you finally get to decide what else to invest your extra money in.  Different investments will provide different rewards, both financial and emotional (and Mason Wheeler has clearly demonstrated that he gets a strong emotional payoff from not having a mortgage, which may or may not be how you feel about it).  On the financial side of any potential investment, you'll want to consider things like the expected rate of return, the risk it carries (both on its own and whether it balances out or unbalances the overall risk profile of all your investments in total), its expected costs (including its - and your - tax rate and any preferred tax treatment), and any other potential factors (such as an employer match on 401(k) contributions, which are basically free money to you).  Then you weigh the pros and cons (financial and emotional) of each option against your imperfect forecast of what the future holds, take your best guess, and then keep adjusting as you go through life and things change. But I want to come back to one of the factors I mentioned in the first paragraph.  Which options you should even be considering is in part influenced by the degree to which you understand your finances and the wide variety of options available to you as well as all the subtleties of how different things can make them more or less advantageous than one another.  The fact that you're posting this question here indicates that you're still early in the process of learning those things, and although it's great that you're educating yourself on them (and keep doing it!), it means that you're probably not ready to worry about some of the things other posters have talked about, such as Cost of Capital and ROI.  So keep reading blog posts and articles online (there's no shortage of them), and keep developing your understanding of the options available to you and their pros and cons, and wait to tackle the full suite of investment options till you fully understand them. However, there's still the question of what to do between now and then.  Paying the mortgage down isn't an unreasonable thing for you to do for now, since it's a guaranteed rate of return that also provides some degree of emotional payoff.  But I'd say the higher priority should be getting money into a tax-advantaged retirement account (a 401(k)/403(b)/IRA), because the tax-advantaged growth of those accounts makes their long-term return far greater than whatever you're paying on your mortgage, and they provide more benefit (tax-advantaged growth) the earlier you invest in them, so doing that now instead of paying off the house quicker is probably going to be better for you financially, even if it doesn't provide the emotional payoff.  If your employer will match your contributions into that account, then it's a no-brainer, but it's probably still a better idea than the mortgage unless the emotional payoff is very very important to you or unless you're nearing retirement age (so the tax-free growth period is small).  If you're not sure what to invest in, just choose something that's broad-market and low-cost (total-market index funds are a great choice), and you can diversify into other things as you gain more savvy as an investor; what matters more is that you start investing in something now, not exactly what it is. Disclaimer: I'm not a personal advisor, and this does not constitute investing advice.  Understand your choices and make your own decisions.\""}
{"text": " \"Depth of analysis IS my strong suit. You just showed one level in your example. I grew up in Florida by Sea Ray and watched my friends lies jobs when Clinton started \"\"punishing the rich\"\" with luxury taxes.  They sure didn't care that the rich were getting theirs. They were concerned that their boat building/selling/painting/whatever job had just let them go.  But you have to dig down to understand that. ;-)\""}
{"text": " Nah, this is a fluff piece designed to get people excited about real estate.  A good rule of thumb is that if a piece has a National Association of Realtors quote in it, it's good odds that that it's trying to promote buying and/or selling real estate and trying to get people excited about real estate.  If there's actually a shortage of supply relative to demand, which is what matters, I'd expect to see Case-Schiller housing price index increases (not just median sales price increases, which I see quoted a bit, as those are affected by what type of house is selling in larger numbers).  Let's go back and look at [YOY Case-Schiller for Los Angeles](http://www.standardandpoors.com/indices/sp-case-shiller-home-price-indices/en/us/?indexId=spusa-cashpidff--p-us----).  Yup, looks like Los Angeles has seen a 4.8% drop over the course of the last year in the index.  Not exactly the sign of a booming housing market."}
{"text": " Take a look at this: http://code.google.com/p/stock-portfolio-manager/ It is an open source project aimed to manage your stock portfolio."}
{"text": " Today SPY (The S&P ETF) trades at $128. The option to buy at $140 (this is a Jan '13 call) trades for $5.  I buy the call, for $500 as they trade in 100 lots.  The S&P skyrockets to 1500 and SPY to $150. The call trades for $11, as it still has a month or two before expiring, so I sell it, and get $1100. The S&P rose 17%, but I doubled my money. If it 'only' rose 9%, to less than $140, I'd lose my investment. No, I don't need to buy the SPY I can sell the call any time before expiration. In fact, most options are not exercised, they are sold between purchase and expiration date."}
{"text": " I'm pessimistic about most things, so: They can't REPO the degree and the knowledge, but they can sure REPO the CAR, so pay off the car. My suggestion would be to pay off the vehicle, because no matter what the future holds (good or bad) you will need a vehicle to get around. Although, I recently found out from the comment below that student loans are a recourse debt that won't be forgiven. Not even with bankruptcy. Most collection agencies will take pennies in the dollar for debt, but not with student loans."}
{"text": " Also, take advantage of off-season times. I say this because anyone from senior associates (fancy way of saying second years isn't it?) to managers will have free time for a little chat here and there. These brief moments helped me get an e-mail or some way of contacting them after I left the internship. Definitely helps."}
{"text": " No. Like Keshlam said, unless you have a crystal ball there is no sure thing. However based on the things you said in your question, you could be better off doing some back testing. With your findings, you can then set up trades in your favor but again it's not 100%. You may also want to check out quant finance stackexhange."}
{"text": " Both have merits, Korea can plan long term for their families inheritance, the west needs to make massive gains every year short term and if the choice is screw the consumer or build loyalty. They are legally required to do the former.  I wish there were no corporations, limited  companies only.  The corporation is nothing like it was legally allowed to be."}
{"text": " \"&gt; Gotta keep coming back don't ya.  Yep!  I like good discussion.  &gt; You admitted you were wrong...  I was not wrong.  Insurers are now dropping out of Obamacare mainly because of Trump not enforcing the mandate.  The fact that insurers dropped out before doesn't invalidate my statement.  &gt; ...then sent a opinion piece with no actual data - just feels.  I included that to show the reasons insurance companies left before are different than their reasons today.  It's fine if you disagree with that opinion piece's solution.  &gt; Then you tell me you agree but is another topic. Then 2 fucking sentences later \"\"address the cost of care\"\". I fucking give up.  There are three critical elements to healthcare: cost, quality, and access.  Low cost care is of no benefit if it is unavailable or of low quality.  The ACA only focused on one of those three elements: access.  The goal of the insurance portals and medicaid expansion was to get more people insured which is why the \"\"more people covered\"\" metric is the one you always hear.  There were a few things in the bill to control quality but other than the mandate to keep premiums down there was nothing to control cost.  This is why when talking about the ACA, the chargemaster is another topic.  The ACA is about increasing access, not lowering cost.  If you want something done about costs and the chargemaster, you need our government to pass a whole different healthcare bill.\""}
{"text": " Why is it that people spend more time pricing their newest phone plan than their house, or educational costs.  You see students going to law school who have never job shadowed a real lawyer to even see what reality looks like and have no idea the real job prospects.  I'd feel bad, but it takes so little leg work and planning to keep yourself from self imposed financial doom."}
{"text": " The lifetime combat death rate for males in early Ireland and medieval Iceland was somewhere around 1/4 or so; it was absurdly high.  These also weren't modern societies that were dependent on large-scale projects to keep us all alive such as municipal water and electricity, and a functioning modern banking system.  I don't know anything about Quaker Pennsylvania. Details?"}
{"text": " Glass is an extremely versatile material. It can be combined with a variety of other materials like wood, steel, aluminium, etc. giving a beautiful finish. Thus, glass balcony balustrades add to the beauty of the building structure making your home attractive and elegant. Natural and eco-friendly glass balcony balustrades not only beautify your home, they also add great value to your property."}
{"text": " HCE is defined as being above 120k$ or in the top 20 % of the company. The exact cutoff point might be different for each company. Typically, only the base salary is considered for that, but it's the company's (and 401(k)-plan's) decision. The IRS does not require HCE treatment; the IRS requires that 401(k) plans have a 'fair' distribution of usage between all employees. Very often, employees with lower income save (over-proportionally) less in their 401(k), and there is a line where the 401(k) plan is no longer acceptable to the IRS. HCE is a way for companies to ensure this forced balance; by limiting the amount of 401(k) savings for HCE, the companies ensure that the share of all contributions by below-HCE is appropriate. They will calculate/define the HCE cutoff point so that the required distribution is surely achieved. One of the consequences is that when you move over the HCE cutoff point, you can suddenly save a lot less in your 401(k). Nothing can be done about that. See this IRS page: https://www.irs.gov/retirement-plans/plan-participant-employee/definitions Highly Compensated Employee - An individual who: Owned more than 5% of   the interest in the business at any time during the year or the   preceding year, regardless of how much compensation that person earned   or received, or For the preceding year, received compensation from the   business of more than $115,000 (if the preceding year is 2014;   $120,000 if the preceding year is 2015 or 2016), and, if the employer   so chooses, was in the top 20% of employees when ranked by   compensation."}
{"text": " Old school redditors unite.  Yes the front page of reddit is shit now, but there is a wealth of awesome stuff under the hood.  I'm only subscribed to something like 2-3 front page reddits still, and a couple hundred small/niche ones."}
{"text": " The World Recovery Centers is the area where drug addiction treatment centers will be most different from each other. After completing  your initial Recuperation from addictions subsequent stage is typically a more extended inpatient treatment program, otherwise called a private treatment. Our experienced doctors and profession staff focuses they place on various aspects of addiction. If your addiction is spiraling out of control and you feel that you can\u2019t manage your life."}
{"text": " Yeah because there are not already 30 self checkout lines in Walmart. Even mc Donald's has them. Sorry but this is going down with a shit minimum wage. If 500,000 have to 'lose' their job for tens of millions to have a living wage so be it."}
{"text": " It is my understanding that banks pay less than the going rate on savings accounts and require that the person who takes out a loan pay more than the going rate. That is how the bank gets its money.  Usually the going rate is affected by the current inflation rate (but that has not been true for the last few weeks). So that means that, typically, the money you have in the bank is, gradually, losing purchasing power as the bank typically pays you less than the inflation rate.  So if you want your money to keep pace with inflation (or do a bit better) then you should buy bonds."}
{"text": " Index funds, like IBB, generally lack active management, which equates to lower expenses. This is simply because the target index, the NASDAQ Biotechnology Index in the case of IBB, is composed of known quantities. This means there won't be stock pickers or analysts constantly swapping holdings, increasing the turnover rate of the portfolio and increasing capital gains; costs that are offset by higher expense ratios in more actively managed funds."}
{"text": " \"haha I used to be the same way. But then I began to realize that these charts are somewhat intentionally vague so that the topic does seem more confusing and complicated, so then we're much more inclined to just say \"\"hmm ok, I guess they know what their talking about\"\".   That's the beauty of numbers too; they can be manipulated and concentrated into certain way so that it helps to prove a thesis someone is positing. Unfortunately these charts often provide zero context to go along with it, so any real knowledgable investor wont give much thought to one set of charts, like the ones in this post.\""}
{"text": " ETFs are legally separate from their issuer, so the money invested should (the lines can get blurry in a massive crisis) be inaccessible to any bankruptcy claims. The funds assets (its shares in S&P500 companies) are held by a custodian who also keeps these assets separate from their own book. That said, if no other institution takes over the SPY funds the custodian will probably liquidate the fund and distribute the proceeds to the ETF holders, this is likely a less than ideal situation for the holders as the S&P500 would probably not be at its highest levels if State Street is going bankrupt (not to mention the potential taxation)."}
{"text": " Yes, that is correct. Note, when there is a tax treaty between Canada and the other country -- [which is pretty much anywhere you have active business](http://www.fin.gc.ca/treaties-conventions/in_force--eng.asp) -- the tax credits are equal to the income received, making it tax free. Here is a better explanation:  &gt; The greatest advantage of having a foreign affiliate in the international business setting is  to repatriate foreign profits back to Canada tax free under certain conditions, for example,  if a foreign affiliate carries on an active business in a designated treaty country (i.e. a  country with which Canada has a tax treaty). The after-tax profit is included in a pool  called \u201cexempt surplus\u201d. If the repatriation of profit in the form of dividend was paid out  of the \u201cexempt surplus\u201d pool to a Canadian corporate shareholder, such dividend is  included in its income and the same amount is allowed to be deducted in computing its  taxable income. In other words, the dividend is not subject to Canadian tax if received by  a Canadian corporate shareholder.   [Source, p3](http://www.canadataxplan.com/test/canadataxplan/files/Book%20-%20English_summary_12-22-2008.pdf)  Edit... here from the NRC site:  &gt; Treaty Countries: **Active business income earned in a treaty country is classified as \u201cexempt surplus.\u201d** The exempt surplus of an FA also includes inter-affiliate dividends received out of the exempt surplus of other foreign affiliates, the exempt portion (25%) of all capital gains, and certain taxable capital gains. **Dividends paid out of the exempt surplus of an FA can be received free of additional taxes in Canada**, since the profits out of which they are paid are considered to have borne a rate of tax in the treaty country comparable to that of Canada.  [Source](http://www.nrcan.gc.ca/mining-materials/taxation/8880) see the section on Subsidiary Income. This is the reason BK is moving to Canada. [Also here is a very interesting deck on corporate tax minimization in latin america by the Canadian mining industry.](http://miningtaxcanada.com/wp-content/uploads/2010/05/TOR01-5160395-v1-RMLF_Cartagena_Slides.pdf)"}
{"text": " The are legit, I have been a member for more than 15 years. I have used there services many many many times. I have never sold any, I have only been a customer. The friend who sold me the service did very well for himself selling and recruiting."}
{"text": " Elders are there because they are old, not because of selfishness. So?   You don't see them generating massive wars, child prostitution or torture either. By the way, during the race to space the first one to invent the cellphone, get a satelite into space, a man into space, a woman into space was the Soviet Union. Was that the selfishness model too?"}
{"text": " I thought it was somewhat of a dick move to lmgtfy since it is like here since you can't do it for yourself, I'll show you how. I was trying to make a point though. I don't think saying that I don't get why people don't Google simple things is being a dick again."}
{"text": " It has got to do with market perceptions and expectation and the perceived future prospects of the company. Usually the expectation of a company's results are already priced into the share price, so if the results deviate from these expectations, the share price can move up or down respectfully. For example, many times a company's share price may be beaten down for increasing profits by 20% above the previous year when the expectation was that it would increase profits by 30%. Other times a company's share price may rise sharply for making a 20% loss when the expectation was that it would make a 30% loss. Then there is also a company's prospects for future growth and performance. A company may be heading into trouble, so even though they made a $100M profit this year, the outlook for the company may be bleak. This could cause the share price to drop accordingly. Conversely, a company may have made a loss of $100M but its is turning a corner after reducing costs and restructuring. This can be seen as a positive for the future causing the share price to rise. Also, a company making $100M in profits would not put that all into the bank. It may pay dividends with some, it may put some more towards growing the business, and it might keep some cash available in case cash-flows fluctuate during the year."}
{"text": " If you're simply trading with your own money and have not incorporated, then you are not eligible for a solo 401(k).  Nerdwallet has an excellent Q&A on the topic here for example.  Solo 401(k) is only allowed to be funded with earned income, and capital gains are not earned income. From the IRS page on One Participant 401(k) plans: Elective deferrals up to 100% of compensation (\u201cearned income\u201d in the case of a self-employed individual) up to the annual contribution limit Earned income is defined by the IRS here: But not including: Even more clearly, that page notes: There are two ways to get earned income: You work for someone who pays you or You own or run a business or farm Capital gains are certainly neither of these. Now, I have read several articles suggesting one way to go about using the Solo 401k.  All of them suggest that you would need to incorporate in some fashion that would require a Schedule C tax return, though, and be trading with the company's money rather than your own, and then pay yourself a wage from that.  In that case you would be eligible for a Solo 401(k), and you might even be better off as a result of all that maneuvering (even though you'll be taxed at a higher rate for any income you do keep, likely, and have to pay self-employment tax)."}
{"text": " i will not calculate it for you but just calculate the discounted cash flow (by dividing with 1.1 / 1.1^2 / 1.1^3   ...)of each single exercise as stated and deduct the 12.000 of the above sum.  in the end compare which has the highest npv"}
{"text": " 17.5 thousand miles/year is pretty high mileage.  You could find an Accord or Civic of comparable age with much lower mileage than that, and it wouldn't be a stretch for someone (even with your limited credit history) to get a loan on an old car like that.  You might try to have your parents cosign on a loan depending on their financial circumstances.  That's how I bought my first car 13 years ago. The biggest surprise you might want to consider is the cost of full collision auto coverage which will be required by whatever bank you finance through.  Get quotes for that before signing any papers.  (I spent $2000 more on a motorcycle because the more powerful one cost $2000 less/year to insure just a few years after I bought that first car.)  Speaking of which, another thing to consider given the nice LA weather is a motorcycle.  The total cost of ownership is much lower than a car.  You will probably not want to pursue that option if you do not have medical insurance, and you may not want to anyway."}
{"text": " &gt; Just curious, if your already at a BB how come you decided to go back for the MS and not an MBA?  No interest in management.  Far more interested in moving from market maker to a top 5 or top 10 HF trading/portfolio mgmt role.  Finishing up my CFA now so a MS is a bit of a last resort (basically, if I can't get in via networking and a CFA charterholder then I'll pursue a MS)"}
{"text": " Regardless of how long the mortgage has left, the return you get on prepayments is identical to the mortgage rate. (What happens on your tax return is a different matter.) It's easier to get a decent financial calculator (The TI BA-35 is my favorite) than to construct spreadsheets which may or may not contain equation errors. When I duplicate John's numbers, $100K mortgage, 4% rate, I get a 60 mo remaining balance of 90,447.51 and with $50 extra, $87132.56, a diff of $3314.95. $314.95 return on the $3000. $315 over 5yrs is $63/yr, over an average $1500 put in, 63/1500 = 4.2%.  Of course the simple math of just averaging the payment creates that .2% error. A 60 payment $50 returning $314.95 produces 4.000%. @Peter K - with all due respect, there's nothing for me about time value of money calculations that can be counter-intuitive. While I like playing with spreadsheets, the first thing I do is run a few scenarios and double check using the calculator. Your updated sheet is now at 3.76%? A time vaule of money calculation should not have rounding errors that larger. It's larger than my back of envelope calculation.  @Kaushik - if you don't need the money, and would buy a CD at the rate of your mortgage, then pay early. Nothing wrong with that."}
{"text": " If you have an actual legal entity (legal partnership) that is jointly owned by you and your partner, then the partnership receives the money, and the partnership then sends money to you and your partner. Each of you will pay tax on your share. It's possible that the partnership itself may have to pay taxes. If you are not following that procedure in terms of actual money flow - for example if the royalties are paid into your personal account instead of a partnership account - then you may have trouble convincing the tax authorities that this is the legal situation. If this is a small amount of money then you may be better off just paying the taxes."}
{"text": " \"I like these charts but I wish they went back further to show when Obama took office.  If you looked at the progression of these charts from when Obama came into office you would be forced to assume Obama was only just short of the messiah. That was a combination of luck and some decent policies and a *very* helpful Fed.  Trump actually has a somewhat \"\"steady state\"\" economy to work with. We've been muddling along in the current economic milieu since about 2012. Where we go from here can, i think, be safely attributed to policies Trump enacts. Obama faced gridlock for so long that nothing got done after Obamacare.\""}
{"text": " \"Using your Uber vs. Medallion taxi driver as an example...  The problem in the sharing economy is an individual -- working as an independent contractor -- takes on all the risk and reaps diminishing rewards while the profit of the company to which the individual is contracted increases significantly.   Case in point with Uber: Let's say you decide you want to drive for UberX. You lease a Prius, and thus are on the hook financially for $350/month + $100/month insurance + $300/month gas and other car expenses, and you'll have that for three years. That's a $750 nut.   Your nut remains the same, but you have very little protection to ensure that your earnings are going to continue to come in, especially if you look at it long term. I am most familiar with the ridesharing market here in Seattle, and just in the last two years the number of ridesharing drivers (Uberx, Lyft, Sidecar) has exceeded an estimated 3,000. Sure, the customer base grows, but there is also a continuing influx of additional drivers competing for those \"\"fares.\"\" With the medallion system, there is some level of protection to ensure that the industry remains viable for those who carry a medallion (I am not advocating completely for this system and realize that the complacency the government protection gave to the taxi industry led to customer service/quality issues.)   So back to Uber...As Uber fights for market share, both capturing from the taxi industry but also competing against Lyft and people driving their own cars, they lower prices. In some cases these lower prices have been in the form of discounts, in some cases, lower fares. In Seattle, currently, the minimum fare for an UberX ride is $4. It was $6 a year ago. Uber takes a 20 percent cut from drivers, and also charges drivers $10 a week to use their service. If a driver makes $1000 a week in fares, they pull down $800 of that, after taxes, let's call it $600, so over the course of a month, you're looking at $2400, minus your nut (including phone rental) let's call it $1600 take home pay.   These people aren't getting rich to begin with, and are at a huge risk for when Uber or Lyft or Task Rabbit or whoever decides to cut their prices again. These services are beyond great for the consumer, but are a temporary stopgap for anyone relying on them for work. The big problem here is that companies like Uber are advertising HEAVILY that you can make $30/hour on their service, enticing people to make investments in things like cars to drive with them, but at the end of the day, you're an independent contractor and Uber owes you nothing.   I believe Uber (I single them out because I think Lyft is a little better at this) preys on the ignorance of potential drivers to lure them into the system.\""}
{"text": " I know there are plenty of people who have to deal with the stress and know it isn't pleasant...but it's hard to see how much worse it is as far as stress goes because I have to pay $1950 in rent each month and don't get the option to default and if I do, I don't get to wait for 8 months while the banks get their paperwork in order to evict me.  I want to believe that in the end I will come out ahead but either I've been incredibly smart with my life decisions or incredibly naive..."}
{"text": " The charts suggest otherwise. Although most of the large gains were wiped out in 2008 and 2011, that doesn't include the substantial dividends you are likely to get with financials. They still returned a positive percentage and some outperformed benchmark indices over time.   But hey, don't let your bias get in the way."}
{"text": " YORKA \u0130N\u015eAAT olarak bu g\u00fcne kadar bir\u00e7ok projede (Mesken, Konut, Villa, Residence, Depo, Fabrika, Sanayi, \u015eah\u0131s ve Site Y\u00f6netimleri, Resmi Kurumlar, Belediyeler, \u00d6zel Kurulu\u015flar, Toplu Konutlar, \u0130n\u015faat Firmalar\u0131 Alt Y\u00fcklenici Hizmetleri) ana ve alt y\u00fcklenici olarak g\u00f6rev ald\u0131k. Tecr\u00fcbeli ekibimiz ve i\u015f kalitemizle her bir projeyi aln\u0131m\u0131z\u0131n ak\u0131yla ve s\u0131f\u0131r problemle tamamlad\u0131k."}
{"text": " In some case the customer wants the name to be cryptic or misleading. They don't want to advertise the true nature of the business they visited. In other cases the transaction may be reported through another business. A few years ago the local PTA was having a silent auction as a fundraiser. A local business allowed the PTA to use their credit card reader to process transactions over a certain amount. Of course when the credit card statement arrived it looked like you spent $500 at the florist. I have seen PayPal listed when donating to some small charities.  I have noted another case where confusion can occur. I used a debit card to buy a soda from a vending machine: the name and location were the name of the vending machine company and the location of their main office. It didn't say  soda machine city A. It said Joe's vending company city B. In most cases the business and the credit card company want to make it easy to identify the transactions to keep the cost of research and charge backs to a minimum."}
{"text": " Good time to mention the US is also the only country (besides Eritrea) to tax citizens on their worldwide income *regardless of their residency.* And yes, this is very strongly enforced against Average Joes who happen to have dual citizenship but have lived in Canada or UK or what not for the past 30 years. Through FATCA they've coerced global banks to hand them account data on all US citizens.  Who knew a country borne out of a tax protest against an empire would become the most imperialist tax regime in the world?"}
{"text": " Businesses underprice -- sometimes severely -- to gain market share all the time. When I started my company 14 years ago we were charging peanuts and losing money on every deal, all we cared about was building a customer base and we figured we would properly monetize later. We lost money in the short run, but the strategy worked."}
{"text": " I can confirm their products are complete and total crap with the exception of their diapers. They're about twice as expensive as regular diapers but everything about them works twice as well. I honestly wish having a kid wasn't so expensive and these diapers have made things even more expensive but we tried a few brands including cloth and these are absolutely the best we found."}
{"text": " Yes, but the point is that a successful person's actions are supplemented by luck.  For every successful person who says they worked hard to get theirs, there's a good number of people who worked just as hard but were not as lucky."}
{"text": " \"This is a great question! I've been an entrepreneur and small business owner for 20+ years and have started small businesses in 3 states that grew into nice income streams for me. I've lived off these businesses for 20+ years, so I know it can be done! First let me start by saying that the rules, regulations, requirements and laws for operating a business (small or large) legally, for the most part, are local laws and regulations. Depending on what your business does, you may have some federal rules to follow, but for the most part, it will be your locality (state, county, city) that determines what you'll have to do to comply and be \"\"legal\"\". Also, though it might be better in some cases to incorporate (and even required in some circumstances), you don't always have to. There are many small businesses (think landscapers, housekeepers, babysitters, etc.) that get income from their \"\"business operations\"\" and do so as \"\"individuals\"\". Of course, everyone has to pay taxes - so as long as you property record your income (and expenses) and properly file your tax returns every year, you are \"\"income tax legal\"\".  I won't try to answer the income tax question here, though, as that can be a big question. Also, though you certainly can start a business on your own without hiring lawyers or other professionals (more on that below), when it comes to taxes, I definitely recommend you indeed plan to hire a tax professional (even if it's something like H&R Block or Jackson Hewitt, etc). In some cities, there might even be \"\"free\"\" tax preparation services by certain organizations that want to help the community and these are often available even to small businesses. In general, income taxes can be complicated and the rules are always changing. I've found that most small business owners that try to file their own taxes generally end up paying a lot more taxes than they're required to, in essence, they are overpaying! Running a business (and making a profit) can be hard enough, so on to of that, you don't need to be paying more than you are required to!  Also, I am going to assume that since it sounds like it would be a business of one (you), that you won't have a Payroll. That is another area that can be complicated for sure. Ok, with those generics out of the way, let me tackle your questions related to starting and operating a business, since you have the \"\"idea for your business\"\" pretty figured out. Will you have to pay any substantial amount of money to attorneys or advisors or accountants or to register with the government? Not necessarily. Since the rules for operating a business legally vary by your operating location (where you will be providing the service or performing your work), you can certainly research this on your own. It might take a little time, but it's doable if you stick with it. Some resources: The state of Florida (where I live) has an excellent page at: http://www.myflorida.com/taxonomy/business/starting%20a%20business%20in%20florida/ You might not be in Florida, but almost every state will have something similar. What all do I need to do to remain on the right side of the law and the smart side of business?  All of the answers above still apply to this question, but here are a few more items to consider: You will want to keep good records of all expenses directly related to the business. If you license some content (stock images) for example, you'll want to document receipts. These are easy usually as you know \"\"directly\"\". If you subscribe to the Apple Developer program (which you'll need to if you intend to sell Apps in the Apple App Stores), the subscription is an expense against your business income, etc. You will want to keep good records of indirect costs. These are not so easy to \"\"figure out\"\" (and where a good accountant will help you when this becomes significant) but these are important and a lot of business owners hurt themselves by not considering these. What do I mean? Well, you need an \"\"office\"\" in order to produce your work, right? You might need a computer, a phone, internet, electricity, heat, etc. all of which allow you to create a \"\"working environment\"\" that allows you to \"\"produce your product\"\". The IRS (and state tax authorities) all provide ways for you to quantify these and \"\"count them\"\" as legitimate business expenses. No, you can't use 100% of your electric bill (since your office might be inside your home, and the entire bill is not \"\"just\"\" for your business) but you are certainly entitled to some part of that bill to count as a business expense. Again, I don't want to get too far down the INCOME TAX rabbit hole, but you still need to keep track of what you spend! You must keep good record of ALL your income. This is especially important when you have money coming in from various sources (a payroll, gifts from friends, business income from clients and/or the App Stores, etc.) Do not just assume that copies of your bank deposits tell the whole story. Bank statements might tell you the amount and date of a deposit, but you don't really know \"\"where\"\" that money came from unless you are tracking it! The good news is that the above record keeping can be quite easy with something like Quicken or QuickBooks (or many many other such popular programs.) You will want to ensure you have the needed licenses (not necessarily required at all for a lot of small businesses, especially home based businesses.) Depending on your business activity, you might want to consider business liability insurance. Again, this will depend on your clients and/or other business entities you'll be dealing with. Some might require you to have some insurance.  Will be efforts even be considered a business initially until some amount of money actually starts coming in?  This might be a legal / accountant question as to the very specific answer from the POV of the law and taxing authorities. However, consider that not all businesses make any money at all, for a long time, and they definitely \"\"are a business\"\". For instance, Twitter was losing money for a long time (years) and no one would argue they were not a business. Again, deferring to the attorneys/cpas here for the legal answer, the practical answer is that you're performing \"\"some\"\" business activity when you start creating a product and working hard to make it happen! I would consider \"\"acting as\"\" a business regardless! What things do I need to do up-front and what things can I defer to later, especially in light of the fact that it might be several months to a couple years before any substantial income starts coming in? This question's answer could be quite long. There are potentially many items you can defer.  However, one I can say is that you might consider deferring incorporation. An individual can perform a business activity and draw income from it legally in a lot of situations. (For tax purposes, this is sometimes referred to as \"\"Schedule-C\"\" income.) I'm not saying incorporation is a bad thing (it can shield you from a lot of issues), but I am saying that it's not necessary on day 1 for a lot of small businesses. Having said that, this too can be easy to do on your own. Many companies offer services so you can incorporate for a few hundred dollars. If you do incorporate, as a small business of one person, I would definitely consider a tax concept called an \"\"S-Corp\"\" to avoid paying double taxes.) But here too, we've gone down the tax rabbit hole again. :-)\""}
{"text": " You can choose to believe or disbelieve anything you wish, but the end result speaks volumes.  The very next morning after the sale was announced, even with stores completed barren or product, according to you, customers, who were not boycotting, began immediately flowing through the doors shopping again, for product that did not exist in the stores.  But, there I go, being delusional again."}
{"text": " But don't worry, we're getting rid of those pesky financial regulations and your ability to sue us. This way we can apologize, fire some scapegoat, and we won't have to face any real consequences. Got to make sure we keep in the black and continue to create American jobs, right? ;)"}
{"text": " \"&gt; 100% Chance of Crisis, Worse Than 2008: Jim Rogers  He also called it in 2011 that it was going to be 2012 or 13. He was wrong.  [\"\"In 2002 it was bad, in 2008 it was worse and 2012 or 2013 is going to be worse still \u2013 be careful,\"\"](http://www.cnbc.com/id/45219555)\""}
{"text": " The mortgage crisis really became a crisis because of these marginally qualified borrowers. They put their 3% down, maxed out their available debt, then the economy turned, so they lost their jobs. Worse yet, they couldn't sell out because their houses were worth less than what they owed on the mortgage. Until the banks started allowing short sales there was nothing to do but lose their savings, get forclosed, and watch their credit rating get destroyed."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.theatlantic.com/science/archive/2017/06/global-warming-american-south/532200/) reduced by 94%. (I'm a bot) ***** &gt; &amp;quot;Most of the risk maps show that climate change is going to be terrible for Trump country. Like, it&amp;#039;s not clear at all-from these maps-why reducing climate change is not a more urgent issue for Republicans, purely as a matter of representing their people,&amp;quot; said Joseph Majkut, the director of climate policy at the Niskanen Center, a libertarian think tank, in an email.  &gt; The only factor of climate change that doesn&amp;#039;t specifically hurt the South is a projected rise in property crime associated with climate change.  &gt; So if climate modeling remains imperfect, what&amp;#039;s the point of doing it? Researchers have spent the last 25 years trying to forecast the economic damages of climate change.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kcjnl/the_american_south_will_bear_the_worst_of_climate/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155616 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*: **Climate**^#1 **change**^#2 **economic**^#3 **cost**^#4 **study**^#5\""}
{"text": " \"I do know people who follow the islam terrorist manifesto. One is a great guy, and one is a fucking closet jihadist nutbag who I am 100% certain will go jihadi on someone one day.   But that's besides the point. If bugs are infesting your house, you lob the bug bomb in there. You're going to kill some \"\"good\"\" bugs, but if you don't, the bugs are going to take the whole house.   It's ignorance like yours that is getting people killed left and right in Europe.\""}
{"text": " A debenture is a security document. This means that the bond is secured over assets. Under English law, you can issue bonds which, if defaulted upon, you can enforce your security against the issuer (i.e. the company), which means you can attempt to get your money back by getting hold of the company's assets.   As for a floating charge, I'll first explain what a fixed charge is. Say you're a bank (a lender) and you lend \u00a31000 to X. You take security by way of a fixed charge over X's photocopy machines. X is unable to dispose of the machines without the lender's consent. This means that if X cannot pay up the loan, you can enforce security by taking possession of the photocopy machines, sell them, and hopefully get enough money back to cover the default.  A floating charge works the same way but over assets which fluctuate, e.g. X's stock of potatoes. X sells potatoes to supermarkets all the time so you can't just take a fixed charge over it for practical reasons, you can't just ask the lender each time you want to sell a potato. When an event of default occurs, i.e. you don't pay back the loan or breach a condition of the loan agreement, the floating charge crystallises, and becomes a fixed charge, thus enabling the lender to sell the potatoes to get their money back.  Random examples, but makes sense?  Source; future English solicitor."}
{"text": " \"I don't think it really matters, my understanding is that as a sole trader there is no distinction between your personal and business tax affairs. The distinction between your personal and business account is mainly for your own personal benefit to make it easier to differentiate between \"\"wages\"\" and retained earnings. If you want to maintain this distinction with regard to tax then you need to somehow differentiate between tax paid on your \"\"wage\"\" and tax paid on retained earnings. You could then either make two payments, or pay from either and transfer the difference from the other. Either way, it's just a matter of perspective rather than something with a physical difference.\""}
{"text": " I suggest that you first decide on what %'s of the home value you each have a legal claim to. Then split the mortgage using the same %'s. Then, if someone feels their % is slightly higher, they are compensated because they 'own' a correspondingly higher share of the house. Use the same %'s for downpayments (which may mean that an 'adjustment' payment might be required to bring your initial cash outlay from 70/30 into the %'s that you agree to). Tenant income gets split the same way. Utilities are a bit more difficult - as heating depends more on square feet, but water and hydro depend more on how many people are there. You can try to be really precise about working out the %'s, or just keep it simple by using the same %'s as the mortgage."}
{"text": " \"the easiest thing would be to go to walmart and stock up on 1000$ money orders paying a 70 cents fee for each. your landlord would almost certainly accept money orders, but double check first just in case. i say stock up because you can't get a money order for more than 1000$ and they usually won't let you buy more than 3 per day. alternatively, you can probably open a bank account using your ssn and your passport.  look for any bank offering \"\"free\"\" checking, and they should be able to give you a few \"\"starter\"\" checks on the spot when you open the account. in any case, they can certainly get you a cashier's check for free or a small fee.  side note: if you want to shop around for a checking account, look for a bank or credit union offering a \"\"kasasa\"\" account.\""}
{"text": " Yes. Slavery. Perfect analogy. You're going to be fettered with chains, your children will be taken from you, and your wife repeatedly raped. When you misbehave, or when someone just feels like it, they will beat the shit out of you. If you try to leave the job, they will shoot you in the back of the head."}
{"text": " The answer is actually very simple: the cost of data. Seriously. Call the CBOE tomorrow and ask yourself. They have two big programs:  1) the penny pilot program, where options trade at penny increments instead of 5 cent increments. This is only extended to a select few symbols because of the amount of data this can generate is too much for the data vendors. Data vendors store and sell historical data. The exchanges themselves often have a big data vending business too. 2) the weekly options program, where only select symbols get these chains because of the amount of data they will generate. Liquidity and demand are factors in determining if the CBOE will consider enabling those series on new issues. (although they have to give the list of which symbols are on these programs to the SEC)"}
{"text": " My brokerage account (E-Trade) automatically spreads cash balances that exceed the FDIC insured amount into several partner banks, so just about any amount gets insured."}
{"text": " In my opinion it depends on the type of product. I would get a warranty for a washing machine or tumble dryer or other product with lots of moving parts that is liable to break down. I also take into account my luck, the one washing machine I didn't get covered broke down 2 weeks outside the normal warranty period... I would not get a warranty for a consumer electronics product like a TV, PC, or iPod because they devalue so quickly. As a rule of thumb, if the model you buy today is going to be on sale for the next few years for around the same price and has moving parts, it is worth considering a warranty. If it will be worth a small percentage of its value because newer faster shinier models come along to replace it don't bother. I would also not get the warranty from the shop I bought the product from. You can get warranties for consumer products from specialist third parties that will allow you to cover multiple products for a discount. These work out a lot cheaper than the one the shop will give you. For example in the UK, DomGen will cover 3 appliances for \u00a314.99/month and 6 for \u00a320.99/month"}
{"text": " Fan?  Nah, I mean I own an ipod but whatever, it's just an mp3 player.  More to the point, I'm just not a presumptuous prick and I try not to get all emotional about some dude who ran a company, *ONE WAY OR THE OTHER*.    You're just as bad as every asshat that was writing WE LOVE YOU STEVE post it notes on apple stores, you're just the other end of that spectrum, but still just as much of a dick."}
{"text": " \"Offtopic, but what do you think of the idea of the stock market being a \"\"ponzi scheme\"\"? I've had this same idea that [Mark Cuban reiterated well by writing](http://blogmaverick.com/2008/09/08/talking-stocks-and-money/): &gt;Ive said a lot of this before. The stock market is by definition a ponzi scheme. As long as money keeps on coming in, then there is someone to take the stocks from the sellers. If the amount of money coming in is reduced, the stocks, indexes, et al go down. What if, for who knows whatever reason, the amount of money going into stocks declined significantly ? Who would buy stock from the sellers. I mean goodness gracious, you could see something disastrous happen. Like the Nasdaq dropping from 5000, to under 2000 in just a few years. Its happened before, it can happen again. &gt; &gt;Which is exactly why we get all these nonsensical commercials from brokerages. To keep the money coming in . I wish someone would index the amount of money spent on marketing by mutual funds and brokerages to the Nasdaq and Dow and see if it correlates. &gt; &gt;Money inflows drives the business. We can get all the economic data we ever dreamed of getting, but if money inflows declined significantly for an extended period of time, then every rule of thumb would go out the window until money started flowing in. Yes it would flow in eventually as prices dropped. From big investors like me who wouldnt have gotten hurt by a huge market decline and could come in and buy huge chunks, or companies outright. &gt; &gt;You ? You probably would be like Charles Ponzi\u2019s customers. You wouldnt be able to get your money out of the fund when it went down, and by the time you did, it would be too late. You would have been crushed. &gt; &gt;Ive said it before, a stock that doesnt pay dividends is valued like a baseball card. Just whatever you can sell it for. The concept that you own \u201cyour share\u201d of the company is a joke. You are completely at the whim of the CEO and board who will dilute you on a daily basis with stock options, then try to buy back stock to cover it up and push up the price, rewarding the shareholders who get out, rather than those that continue to hold the shares. Meaning you. &gt; &gt;Have you ever seen Warren Buffet talk about buying 100 shares of anything k shares ? or does he take control of , or purchase a material percentage of a company ? &gt; &gt;If you have enough money to have influence , take control or buy it outright, then the stock market can work for you. Thats why I buy stock in public companies that relate to my other business entities. When i pick up the phone and call the CEO of a company i own shares in, they call me back very quickly. When I ask if there are business opportunities that make sense for the company and another company of mine to work together, I wont always get the business, but I will always get a meeting. If Im smart about the investments I make, the more important returns come from the relationships with the companies than the action of the stock. &gt; &gt;If the best you can do is buy shares that are going to be continuously diluted, then you are merely a sucker. There is a good chance that the shares you bought came from shares an insider who got stock options. You just helped dilute yourself with your first share purchase. &gt; &gt;The wealthy can make the stockmarket work for them. Individuals buying shares of stock in non dividend paying stocks\u2026 they work for the stockmarket. &gt; &gt;I know Ive painted a pretty bleak picture. &gt; &gt;The stockmarket isnt going away. Would it shock me if the whole thing collapsed ? yes. it would. Its just too engrained in our way of life in the USA. What would change my mind is if a better investment vehicle came along. &gt; &gt;The stockmarket used to be about investing capital in companies that came public or did secondary offerings. That money was used to create amazing businesses and return dividends back to people who truly were investors. There once was a day where most companies paid dividends higher than the interest rates on their bonds. Why ? Because stocks are inherently more risky. If a company goes belly up, bondholders collect first, shareholders usually last. People could buy and hold stocks, and get paid real cash money for being a shareholder in the company at rates far higher than the divident yields we see today. If the company did well, the dividends went up. Investors who held, actually got all their money back in dividends at some point and the rest was gravy. The good ole days. &gt; &gt;But that changed when mutual funds came along and started marketing the concept of growth as a way to attract investors. &gt; &gt;Its not inconceivable that the old mindset could comeback. That a new market of stocks could be created where companies didnt continuously dilute shareholders by issuing stock and options to themselves. Where earnings were earned for the same reason they are in private companies, to not only fund growth, but also provide cash back to investors. Now if that market existed today. Where I could buy 100 shares of stock, and even if it represented just 1/100000 of ownership in the company, I could have confidence that year after year, I would still own 1/100000th of that company, and if that company generated earnings , I would have at least some of that money returned to me. Well then, that wouldnt be a ponzi scheme. That would be a true market of stocks, and I would be happy to recommend to anyone to be careful, but buying stocks in that market could be something worth considering if your appetite for risk canhandle it.\""}
{"text": " Really, I can only endorse the ones that I go to.  Also, I could insert Wendy's, Harvey's or every other fast food joint near me for being better than McDonalds in my experience.  BK only stands out for me because of how well they're run in my area.   I only commented because the article doesn't surprise me based on my experiences.  I'd like to think that consumers make choices based on experience and eventually poor quality leads to loss of market share."}
{"text": " \"Your counterexample of Deserved\"\" is telling. There are two distinct lines of thought in justice: punitive and preventative. Punitive focuses on retribution, while preventative focuses on isolation or elimination of an individual from a situation where it can do further harm.\"\"  [Deserves got nothing to do with it.](http://www.youtube.com/watch?v=dpDkYZWeeVg),is this both?\""}
{"text": " \"I don't have a crystal ball but chances are your tenant is definitely lying. Rent was late and now the money intended to cover the rent; miraculously is lost in the mailbox. Anyhow, you were already nice to tolerate the late \"\"payment\"\". Keshlam's option 1.5 in the comments above is the ideal way to settle in which both parties have learned a lesson and are at a loss. Demand the rent payment but settle for half as a one time courtesy. If this continues or this tenant has shown shady predicaments such as this, you should look for legal means to evict this tenant.  College students are very creative and who's to say this won't happen again? \"\"The neighbors dog took my wallet.\"\"\""}
{"text": " \"Written with some mild snark , but no insult intended, because financial stuff can be ridiculously confusing... Looked at another way, you're basically asking if the Biblical \"\"Parable of the Talents\"\" can be implemented as a business model.  You as the investor wish to be the \"\"master\"\", with the entity doing the investing playing the part of the \"\"servant\"\". Since the law prohibits actual servitude as described in scripture, the model must substitute a contractual profit- and loss-sharing scheme. OK, based on what you've proposed, and by way of example, let's say you invested a thousand dollars. You give the investment service your money. At the end of a year, they give you back   - Your capital ($1000)  - Plus 1/2 of any profits  OR  - Less 1/2 of any losses So let's say the worst happens and they lose ALL of it. According to your proposal, they have to cover 1/2 of the loss. You end up with $500...but they end up with LESS than nothing. They will be in a deficit situation because all the expense was theirs. They don't just fail to make a profit. They go in the hole. It doesn't matter what percentages you use. Regardless of how the loss is shared, you've only guaranteed YOU can't lose all your money. The company CAN. Given a large enough investment, or enough market fluctuation, a big shared loss could shut down a smaller firm. To summarize:   - You want a service that charges you nothing   - Does all the work of expertly managing and investing your capital  - Takes on part of the risk you would normally bear  - (on top of their usual risk and liability)  - Agrees to do so solely for a percentage of any return (where higher returns will likely involve a higher degree of risk)  - AND that guarantees, after just 1 year, you'll get X% of your capital back, no matter what. Win or lose.  - Even if the market crashes and all your capital, and theirs, is wiped out Superbest, um, to be serious briefly: what you're proposing is, if nothing else, inherently unfair and inequitable. I believe you intended it as a mutually beneficial scenario, but the real-world imbalance in risk and reward prevents it being so. Any financial service that would accept those terms along with the extra degree of risk would be fiscally irresponsible. From a business standpoint it's an untenable model, and no company would build on it. It would be tantamount to corporate suicide. The requirement that a service promise to give you back X% of your money, no matter how great the loss, makes your proposal impossible. You need to think about how much all this costs, realistically, as well what kind of returns you can actually expect. And that more risk for higher return is exactly what a service could NOT take a chance on if it had to \"\"share\"\" investors' losses. Besides, it's not really sharing, now is it? They will always lose more than you, always end up in a negative situation, unable even to recoup costs. Circumstances beyond their control could result in a drop in the value that not only wipes out any profit, but requires them to pay YOU for work performed and expenses incurred on your behalf.  Why would they let anyon double-dip like that? Yeah, we all prefer getting something for nothing...but you want valuable services and for them to pay you money for the privilege of providing them? I totally agree that would be fantastic, but in this world even \"\"free\"\" doesn't come cheap anymore. And getting back to costs:  Without consistent income the service would have nowhere to work and no resources to work with. No office, computer, phone, electricity, Internet, insurance, payroll, licensing, training, maintenance, security, lobbying, etc., etc., etc. Why do people always forget overhead? There's a reason these services operate the way they do. Even the best are working with fairly slim margins in a volatile sector. They're not into 1-year gambles unlikely to cover their cost of doing business, or having to pay for a negative return out of their own pocket. Look, if you're the Biblical master asking your servant to manage things, overhead is built-in. You're taking all the risk as well. You're paying for all three servants' food, home, clothing, etc, plus you had to buy the servants themselves. So its reasonable that you reap the reward of their labor. You paid for it, and you didn't even punish the servant who buried your money in a hole. The two good servants may have done the legwork, but you took on the burden of everything else. In your proposed service, however, contrary to the servant's usual role, the servant - i.e., the company - would be assuming a portion of your risk on top of their own, yet without any guarantee of profit, income, or even coverage of costs. They're also subject to regulations, fees, liability, legal stuff, etc. that you're not, against most of which you are indemnified and held harmless. If they agree to cover a share of your loss, it exposes to greater liability and more related risk. It robs them of resources they need to  invest in their own business, while at the same time forcing them to do all the work. As a result, your model doesn't give such a service a fighting chance. Getting it off the ground and lasting past the first-year payouts would require more luck than skill.  They'd be better off heading to Vegas and the blackjack table, where the only overhead is a cheap flight and room, where the odds and rules don't change overnight, and they at least get free drinks. If none of the equivalents satisfies, then the Biblical parable appears to describe your only option for obtaining exactly what you want: Move to a country where slavery is legal and buy an investor  :-) Cheers, c\""}
{"text": " George Carlin pointed out that economic theory says that if you give the poor money they will stop working, but that if you don't give the rich enough money they will stop working.  Which is it?  To little money makes you stop working or too much money makes you stop working?  It can't be one rule for the poor and one rule for the rich."}
{"text": " Combined spending during his administration grew by 3.5 trillion, not including the tax cuts (~1.5 trillion) and the afghanistan / iraq wars (~2 trillion combined).  That adds up to more than half of the current national debt. I'm not sure how you think that wouldn't be making a huge difference right now.  Sure, there was no 'real' surplus, but we were much less fucked."}
{"text": " &gt;That doesn't exist any more.  This is false.  The GSE Sallie Mae buys student loans from other banks, meaning the banks offload their risk to Sallie Mae.  If Fannie/Freddie has taught us anything, is that the government will [come to the rescue](http://en.wikipedia.org/wiki/Federal_takeover_of_Fannie_Mae_and_Freddie_Mac) if things go south.  In a way, the bailouts have shown that the government is backing *all* loans.  Second, students cannot discharge their student loans through bankruptcy, as easily as other loans.  As long as this is true the risk is reduced for the creditors.  If that were allowed, and students began defaulting on their loans (at the expense of their credit), then the assets tied to those loans become worthless, and the banks holding the loans go under, which will probably prompt some massive government/Fed bailout.  &gt;Student homes are not like home loans  Every bubble is different, but they all end the same way.  Cheap credit created by the government results in malinvestments and loans that cannot be paid back.  The bubble will pop and the lenders will not get paid back.  See [Austrian Business Cycle Theory](http://www.slideshare.net/ManAgainstTheState/austrian-business-cycle-theory)"}
{"text": " An air conditioning repair and maintenance service includes things like cleaning the evaporator coil, cleaning and washing filters, cleaning the blower wheel, fan blade and drain pan, checking the condenser unit, checking for any noise problems and flushing the drain pipe. The wonderful expertise and the long years of experience of the highly trained and skilled staff of an air conditioner repair company."}
{"text": " \"Don't know if it's due to internet or due to reality tv shows turning people off.. Survivor (Started the major reality tv trend, the \"\"Real World\"\" wasn't anywhere as big) started in mid 2000 which ironicly is when the chart started to noise dive.   I'm surprised the report didn't even mention how badly reality tv is effecting us as TV stations are loosing viewers which means they have to put on more commercials to make up for lose of money and then they put on more reality tv because it's the cheapest kind of tv show to make without needing to hire stages,actors,casts,techs,crews,whatever.   They then cut back on decent/experimental shows because the tv watching demographic are now a bunch of reality tv viewers (idiots).   Catch 22.  Prime example of this is now that MTV has pretty much gone full reality tv and even other once respected channels like Discovery and History now have a crap load of reality based shows.\""}
{"text": " Eliminating the deduction for state and local taxes is punishing blue states. No way around it - this is the definition of double taxation that the GOP rails against for corporations.  I'm sorry that my state and local government provide me services I want, utilize and enjoy."}
{"text": " The movie celebrities in movie sectors are not restricted to a specific region; however they are still popular in the entire globe. These celebs make a big count of followers in distinct regions of the globe. Among these celebs the top most and wealthiest as per their celebrity net worth: Adam Sandler and Clint Eastwood."}
{"text": " \"This is going to vary tremendously from country to country (and even from state to state, in some cases).  In general, though: Sole proprietorship: LLC: There are a lot of permutations depending on local law.  One thing that isn't actually much of an advantage is the \"\"limited liability\"\" component of the LLC.  Simply put: for a really small company the majority shareholders are usually going to be \"\"forced\"\" to stand surety for the company in their personal capacity. Limited liability only becomes available once the company has quite a lot of cash/assets (or the illusion of a lot of cash/assets). Update - noticed two further questions that appear very similar: Should all of these be merged?\""}
{"text": " \"This quote has it almost backwards. Thomas J. Stanley's recent book (he's one of the duo who researched and wrote about The Millionaire Next Door) claims that the top occupation of millionaires is \"\"business owner / self-employed\"\" (28%).  \"\"Real estate investor\"\" is lumped in with \"\"other\"\" (9%), and if the ordering is correct in the list, it's no more than 2% of the total. (source)\""}
{"text": " ***NO WEBSITE IS PERMANENT!***   Fuck, how stupid are investors? Websites have a popular life of a couple of years at best. Why pay insane P/Es when the expected life is so damned short? Why do stable companies with no horizon in sight have low PEs while extremely volatile, short-lived websites have high PEs? This defies all logic.   Stop chasing sexy and go with something stable and long term. You morons."}
{"text": " Surely the yield should be Yield = (Rent - Costs) / Downpayment ? As you want the yield relative to your capital not to the property value. As for the opportunity cost part you could look at the risk free rate of return you could obtain, either through government bonds or bank accounts with some sort of government guarantee (not sure what practical terms are for this in Finland). The management fee is almost 30% of your rent, what does this cover? Is it possible to manage the property yourself, as this would give you a much larger cushion between rent and expenses."}
{"text": " \"To be fair, while he was harsh and over-critical, he was realistic.    Based on your vague wording (understandable, you think you have a unique proprietary idea) but the other stuff you mentioned, I don't think you can confidently say it'll make \"\"way over $200,000\"\".  It doesn't seem like you've done much research at all, have a business plan together, or any credible experience to evaluate your idea without personal bias.    Hope you continue to pursue it, but do your homework.  Learn how to put together a business plan, etc.  Because obviously if you came to an investor with your idea explained in the style of your original post, you'd more than likely be laughed off as a delusional kid.\""}
{"text": " The rule of thumb I have always heard and what we rent our rental house at is 1% per month at the minimum (in the US). The rent has to cover the mortgage, the property taxes, the homeowners insurance, your income taxes (on the rent), the maintenance of the property and the times when the property is vacant. Even at 1% per month that doesn't leave a whole lot of profit compared to what you put in.  I have no idea why anybody would buy a rental property in Australia if all they could get is 5% per year before expenses. They couldn't possibly be making money in that investment, not to mention the aggravations of getting late night phone calls because something broke in the rental house. No way I would make that investment."}
{"text": " I would definitely be putting in enough to get the most out of the match.  Only reasons I can think of not too would be: Other than that, not investing in the 401(k) is turning down free money. Edit based on feedback in comments. The only time I would advocate number 1 is if you are intensely committed to getting out of debt, were on a very tight budget and had eliminated all non-essential spending. In that situation only, I think the mental benefit of having that last debt paid off would be worth more than a few dollars in interest."}
{"text": " The problem with this is that the advertising revenue doesn't justify it, and neither does the pay per channel. When Hulu starts making money, then it might be a possibility. Right now advertisers won't pay as much for a commercial on the internet that reaches the same number of viewers as it would on tv. Unfortunately, the cost doesn't match up to the benefit at the moment."}
{"text": " That's a bit more nuanced than it seems.   The argument is that on balance, the government does not create wealth through value-added services, particularly when compared to private enterprise. That voluntary trade creates mutually beneficial outcomes, but involuntary taxation is at best a wealth transfer and at worst inefficient use of capital that leaves people worse off than they would be without it.  I mean...your characterization isn't totally unfair, but it isn't exactly right, either."}
{"text": " Finance is complex because it's complex. There's no great conspiracy here - the authors of article like this need to recognise that they cant understand everything - physicists don't invent complexity in their theories to keep the public stupid, and neither to finance experts."}
{"text": " Sure, the bible says you should stone gays. Do you see a bunch of people stoning gays? No. But the Koran's peeps, well, they're acting out the Koran's commands to the T.   Did you read any of that link on the Koran, or do you need me to cut and paste some of the verses? I think you will find them interesting unless your mind is closed off.   Is racist your favorite word?"}
{"text": " Since your YouTube income is considered self-employment income and because you probably already made more than $400 in net income (after deducting expenses from the $4000 you've received so far), you will have to pay self-employment tax and file a return.  This is according to the IRS's Publication 17 (2016), Your Federal Income Tax, so assumes the same rules for 2016 will remain in effect for 2017: You are self-employed if you: Carry on a trade or business as a sole proprietor, Are an independent contractor, Are a member of a partnership, or Are in business for yourself in any other way. Self-employment can include work in addition to your regular full-time business activities, such as certain part-time work you do at home or in addition to your regular job. You must file a return if your gross income is at least as much as the filing requirement amount for your filing status and age (shown in Table 1-1). Also, you must file Form 1040 and Schedule SE (Form 1040), Self-Employment Tax, if: Your net earnings from self-employment (excluding church employee income) were $400 or more, or You had church employee income of $108.28 or more. (See Table 1-3.) Use Schedule SE (Form 1040) to figure your self-employment tax. Self-employment tax is comparable to the social security and Medicare tax withheld from an employee's wages. For more information about this tax, see Pub. 334, Tax Guide for Small Business. I'd also note that your predicted income is getting close to the level where you would need to pay Estimated Taxes, which for self-employed people work like the withholding taxes employers remove their employees paychecks and pay to the government. If you end up owing more than $1000 when you file your return you could be assessed penalties for not paying the Estimated Taxes. There is a grace period if you had to pay no taxes in the previous year (2016 in this case), that could let you escape those penalties."}
{"text": " The rates seem a little higher that those available at my credit union, but you seem to be able to borrow larger sums of money than many banks/credit unions will allow. Overall, it's a viable way to go."}
{"text": " Given the following variables Where b[n + 1] = b[n] (1 + r) - w and b[0] = s then b[n] = ((1 + r)^n (r s - w) + w)/r For example, illustrating with some figures. The balances in the first four quarters (n = 1, 2, 3, 4) are Check As per the Excel formula provided by OneTruDragonGirl \u00a3670.27"}
{"text": " From everything I have read I still cannot be convinced of Whole Life Insurance Good!  You have a brain! but it seems to be the first thing any financial advisor is trained to sell. The commissions on whole life are sick.  The selling agent gets upward of 90% of your first year's premium.  I imagine that the regional and district managers split the remaining 10%, but that is speculation.  This is why there is typically a 15 year surrender charge on whole life.  The LI company is not getting any of the money! You may want to reevaluate any financial adviser that promotes whole life.  If it was me, I would fire them the moment the words came out of their mouth."}
{"text": " So the principle is true.  Assuming that you get paid bi-weekly, you end up getting three paychecks two months during the year.  Typically that is in January and July/August.  So if things were different, and your mortgage was setup so you paid half a monthly payment each paycheck, then you would wind up making one full extra payment per year.  Making that extra payment, most often, reduces the mortgage by 7 years on a 30 year note.   While true, many of these companies charge exorbitant fees for the right for you to do so, so the principal reduction is not commensurate with what you are paying.   You can simply do this yourself without paying fees.  On those extra pay days, pay half a payment to principal only, and no fee, no fuss.  This is pretty easy to do with most mortgage companies as they have online payments and it is just a matter of filling out a web form.  For me this does not even cost a stamp as they pull from my checking account at another bank."}
{"text": " This is finance, just because your from India doesn't mean much (And I was born and spent a good part of my youth in Kerala). I pretty actively invest in emerging markets and while India has a large number of problems, it is still looking like a good investment in this global environment."}
{"text": " \"I'm just really getting sick of these \"\"omg, free market\"\" bullshit arguments. These regulations didn't spring up all over the country without reason. Discrimination, red-lining, and rate gouging were all issues the taxi industry faced at one time. Taxi regulators put these rules into effect to protect customers and assure that people using public transportation could get to where they needed to go.  The difference between Uber/Lyft and taxis that follow the law is that there is regulatory body that impose fines on companies and cab drivers that violate them. And with enough complaints, the regulators can completely revoke their ability to serve as taxi cabs in a city.  Instead you want this free market where the cab drivers can tell their passengers to get fucked if they don't like it. Go read the wiki page on taxi regulation: http://en.wikipedia.org/wiki/Taxicab#Regulation I can't find a single instance on there where customers benefited from deregulation.\""}
{"text": " \"Yes, he can retract the offer - it was a cash-only offer, and if you're financing, it's no longer \"\"cash\"\". Unless, of course, you get the financing through your local bank / credit union, and they hand you a check (like on a personal loan). Then it's still cash. However, the salesman can still retract the offer unless it's in writing because you haven't signed anything yet. The price of financing will always be higher because the dealer doesn't get all their money today. Also, if you finance, you are not paying just the cost of the vehicle, you are paying interest, so your final cost will be higher (unless you were one of the lucky souls who got 0% financing atop employee pricing, and therefore are actually saving money by having a payment).\""}
{"text": " This is the result of market competition as well.  * Cheese Company A pays its employees $10/hour. (20k/year) * Cheese Company B pays its employees $20/hour. (40k/year)  This increase in wages results in a 50cent increase/kg in production cost to company B.  Since the grocery chain has a policy to set their sales-price to 100% of purchase price, (in order to break even on a sale-price), this 50cent increase/kg, results in $1/kg when it hits the consumer.  Assume both cheeses are equal, most consumers will purchase the product at a lower price, leading to lost sales for company B.   **Capitalism, is a race to the bottom.**"}
{"text": " \"&gt; That's not a taxi regulation, that's just a driving regulation: all vehicles must be insured. Are you saying that Uber/Lyft aren't even following the laws of the road?  When you're driving to a call, you're working as a cab driver, or if you don't like that label, you're operating a commercial vehicle. Regular car insurance does not cover operating a vehicle for the purposes of transporting people, a.k.a. driving a taxi. There is special insurance for taxi companies because they have much higher liability and likelihood of being in an accident, thus the premiums are higher. Uber/Lyft drivers do not have this type of insurance individually, but Uber/Lyft each have a \"\"$1m insurance policy\"\" in case their drivers are in accidents **when they are loaded**. It doesn't cover them between calls. When an Uber/Lyft driver gets in an accident between calls, their insurance isn't going to cover it because they were operating a taxi, or a vehicle that transports people for money. Their insurance will drop their policy, and they will be liable for the damages, which they likely won't be able to pay out of pocket or they wouldn't be driving for Uber/Lyft in the first place.  &gt; Taxi regulations actually allow red-lining by restricting service areas: \"\"sorry, I don't go to x town - I'm only licensed for y town.\"\" Even with the regulations, taxis do it anyway. That's why they ask for your destination before they give you an ETA on pickup  You have no idea what red-lining is.  &gt; Rate-setting isn't a good thing.  Yes, it is actually. It keeps the prices stable and manageable. Without prices would drastically increase, which seems to be a big complaint in this thread.  &gt; Yep. The taxi regulations should largely be repealed: they've outlived their usefulness  Again, you don't have a fucking clue what you're talking about. Many cities have tried to deregulate their cab industries and all but one in the US has returned to some form of regulation. It's been a complete shit show every time. Service quality went down and prices went up.  See, the thing people in this thread people don't get is I actually know how cab drivers think because I personally know 200 of them. They would absolutely love to have the industry deregulated because then they wouldn't have to take drunk assholes that call for a cab, they could just take the decently sober guy offering them an extra $20. They wouldn't have to drive to the shitty parts of town where they're most likely to get robbed. They wouldn't even have to give rides to shady looking people who are probably going to bail on their fare. Got a wheelchair? Fuck if anyone wants to lift that into the trunk. You want that short ride that only goes three blocks because you're wearing your hootchy skirt with 6\"\" heels? Why bother? Oh it's 2am on New Year's Eve/Day and you want a ride? And you're freezing your ass off? Ok, how about $80? No? Well the guy behind you with his girlfriend crying will pay it. He won't like it, but it beats being stuck downtown all night.\""}
{"text": " \"I don't know what angle you're trying to push or why, but are you also saying that Kenichi Ueda of the IMF and Beatrice Weder Di Mauro of the University of Mainz are similarly lacking the understanding of financial concepts when they published a [paper](http://www.imf.org/external/pubs/ft/wp/2012/wp12128.pdf) \"\"Quantifying Structural Subsidy Values for Systemically Important Financial Institutions\"\"?  Are you suggesting a similar \"\"entire shaker of salt\"\" when they \"\"estimate[d] the structural subsidy values by exploiting expectations of state support embedded in credit ratings and by using long-run average value of rating bonus\"\"?  Should we really be so skeptical when they conclude:  &gt;Section III has provided estimates of the value of the subsidy to SIFIs in terms of the overall ratings. Using the range of our estimates, we can summarize that a one-unit increase in government support for banks in advanced economies has an impact equivalent to 0.55 to 0.9 notches on the overall long-term credit rating at the end-2007. And, this effect increased to 0.8 to 1.23 notches by the end-2009 (Summary Table 8). At the end-2009, the effect of the government support is almost identical between the group of advanced countries and developing countries. Before the crisis, governments in advanced economies played a smaller role in boosting banks\u2019 long-term ratings. These results are robust to a number of sample selection tests, such as testing for differential effects across developing and advanced countries, for both listed and non-listed banks, and also correcting for bank parental support and alternative estimations of an individual bank\u2019s strength.  I ask because this article is founded on that study - linked to by Bloomberg which is then linked to in OP's Huffpo article.  While you can certainly claim that Mark Gongloff \"\"shows a basic lack of understanding\"\" of whatever, why don't you put some skin in the game and demonstrate how he somehow misses the entire point of that study, or better yet really wow us by de-bunking that study.\""}
{"text": " Landelijke keuken kopen voor een warme sfeer? Bent u op zoek naar een keuken met een warme en gezellige uitstraling, dan is een landelijke keuken echt iets voor u. De details, het materiaalgebruik en de kleuren zorgen voor een warme sfeer in uw woning. Dus meer informatie bezoek onze website."}
{"text": " They are quite literally picking the taxi industry to be the winner and uber to be the loser. Uber provides more value to customers than traditional taxis and they have been successful because of it. Why should the government get to tell me I can't use an app to call a car to pick me up? It's utterly ridiculous."}
{"text": " I'm not that concerned. Does it suck that we live in a world where companies need to work on fraud detection? Sure. But like it or not, that's the world we live in, and regulations aren't going to fix it since it's essentially impossible to enforce. These companies are technology and logistics companies, so they need to work on fraud detection."}
{"text": " \"The raw question is as follows:  \"\"You will be recommending a purposed portfolio to an investment committee (my class). The committee runs a foundation that has an asset base of $4,000,000. The foundations' dual mandates are to (a) preserve capital and (b) to fund $200,000 worth of scholarships. The foundation has a third objective, which is to grow its asset base over time.\"\"   The rest of the assignment lays out the format and headings for the sections of the presentation.  Thanks, by the way - it's an 8 week accelerated course and I've been out sick for two weeks. I've been trying to teach myself this stuff, including the excel calculations for the past few weeks.\""}
{"text": " \"The basic way that these \"\"work\"\" is this: Every year I have to deposit 3500 to remain active in the company, else my account gets expired. You are paying money into the system. The only way you make any money is to: By my calculation I(or my child nodes) have to get 18 people to join to break-even my investment. Intuitively this should tell you that: What normally happens in this sort of thing is that people get conned/excited/tricked/whatever and sign a few of their friends up, but then quickly run out of people to bother/annoy/hassle/harass into joining and then they lose money on the whole thing.\""}
{"text": " \"You're right.  I did include \"\"is it reasonable\"\" in the title.  Therefore that brings in the acceptability of those taxes.  However I am making the case that I would like capital gains to be taxed most similarly to regular income (or at least in a parallel bracket), which is independent of the amount needed to be brought in.  I think parallel brackets would be the most productive since it would encourage people to both produce and invest, because you would get the lowest taxes by maximizing both.\""}
{"text": " Yes it is!  You don't need the candidate waving a university diploma to find out in 5 minutes if they can read, write or understand.  As someone who work with many interns, some of them from ivy league universities, I can confirm that many of them, 30%, have terrible attitudes, immaturity, spoiled, disorganized, and it all goes together with being not so smart, despite the degree.  In the past, to be a teller in a bank, you did not have to finish high school. Just needed to be good with basic math."}
{"text": " \"Another factor to consider, beyond the fact that growth and volatility go together, is that the times when many people will need to liquidate their investments will correlate with the times that many other people need to liquidate their investments, and such correlation will push down the immediate value of those investments. While certificates of deposit have penalties for early withdrawal, one can establish up front what the worst-case penalty would be for cashing it in at the most inopportune time.  By contrast, stocks offer no such assurance.  Stocks sometimes have weird downward spikes that may be short-lived, but if life circumstances force one to liquidate stocks during such a downward spike the \"\"penalty\"\" can be much larger than on a CD.\""}
{"text": " Yea that\u2019s my point coal generation gets monopolies and subsidies, alternative gets subsidies. Who gets more as a weighted metric? In a per Capita and absolute sense. Also how you do you calculate out subsidies on panels sold that were subsidized? I don\u2019t know."}
{"text": " In China (Shanghai at least) Burger King is actually really good.  Everything is made fresh, they use high grade meat, and keep the place spotless.  Most western fast food places in China are a step above the US but Burger King is a few steps.  Carl's Jr came here a few years back and they are incredible.  They aren't as widespread as Mcdonalds and KFC but the quality is high."}
{"text": " \"Ha! They'll be hit with a fine and settle some civil suits and that'll be it.  - Wells Fargo committed 2 million counts of fraud.  They also went to FINRA and burned thousands of their employees who refused to play along.  They were fined about $250m.  Curiously, they were fined a lot more for selling mortgages too complicated for Joe Schmo to comprehend.  - BNP Paribas traded with Iranians despite sanctions.  \"\"Light treason.\"\" Big fine, but not enough to put them out of business.  - HSBC laundered a bunch of money for the Mexican cartels.  - CSFB, et al. helped thousands of wealthy Americans hide money from the IRS.    - In the 70s, Ford [knowingly](https://webcache.googleusercontent.com/search?q=cache:9e4X1Tnjnp4J:https://philosophia.uncg.edu/phi361-metivier/module-2-why-does-business-need-ethics/case-the-ford-pinto/+&amp;cd=2&amp;hl=en&amp;ct=clnk&amp;gl=us) sold cards that would sometimes explode if they were rear ended at 20mph. People died. The guy who led that project became the most celebrated American CEO of the 80s.   - GM knowingly sold cars with defective ignition switches. People died.  - VW installed a device to cheat on emissions tests, in effect lieing to the government every time their cars were smogged.    - BP cut corners, built a shitty rig that burned down, killed a bunch of people, and pissed crude all over the Gulf of Mexico, under an environmentally friendly Democratic president, and they're still around.  It wasn't even their only big spill that year in American waters.\""}
{"text": " Agreed  They are really good at producing a uniform, consistent product from variable ingredients  That's why Stone brewing hired one of their brewers to teach them how to scale up  No, I don't drink Bud, but I respect their industrial process control"}
{"text": " Funny.  I just made a comment about how I like that there is no commission.    There are 2 Best Buys near me that I shop at.  I always find the sales people to be helpful when I need their help.  Maybe some regions have better training methods?"}
{"text": " You could look up their old SEC filings before they were placed in conservatorship. Derive WACC from that. Comp to peer financials from the same timeframe; see how they compare. Assume some sort of size premium if you so desire.  That might give you a picture of the business's cost of capital were it an independent entity. Since it's a GSE, you could make the case that its cost of capital is the rate on US treasury securities.   In reality, it's current cost of capital is probably a mix of the two."}
{"text": " Just to offer another alternative, consider Certificates of Deposit (CDs) at an FDIC insured bank or credit union for small or short-term investments. If you don't need access to the money, as stated, and are not willing to take much risk, you could put money into a number of CDs instead of investing it in stocks, or just letting it sit in a regular savings/checking account. You are essentially lending money to the bank for a guaranteed length of time (anywhere from 3 to 60 months), and therefore they can give you a better rate of return than a savings account (which is basically lending it to them with the condition that you could ask for it all back at any time). Your rate of return in CDs is lower a typical stock investment, but carries no risk at all. CD rates typically increase with the length of the CD. For example, my credit union currently offers a 2.3% APY on a 5-year CD, but only 0.75% for 12 month CDs, and a mere 0.1% APY on regular savings/checking accounts. Putting your full $10K deposit into one or more CDs would yield $230 a year instead of a mere $10 in their savings account. If you go this route with some or all of your principal, note that withdrawing the money from a CD before the end of the deposit term will mean forfeiting the interest earned. Some banks may let you withdraw just a portion of a CD, but typically not. Work around this by splitting your funds into multiple CDs, and possibly different term lengths as well, to give you more flexibility in accessing the funds. Personally, I have a rolling emergency fund (~6 months living expenses, separate from all investments and day-to-day income/expenses) split evenly among 5 CDs, each with a 5-year deposit term (for the highest rate) with evenly staggered maturity dates. In any given year, I could close one of these CDs to cover an emergency and lose only a few months of interest on just 20% of my emergency fund, instead of several years interest on all of it. If I needed more funds, I could withdraw more of the CDs as needed, in order of youngest deposit age to minimize the interest loss - although that loss would probably be the least of my worries by then, if I'm dipping deeply into these funds I'll be needing them pretty badly.  Initially I created the CDs with a very small amount and differing term lengths (1 year increments from 1-5 years) and then as each matured, I rolled it back into a 5 year CD. Now every year when one matures, I add a little more principal (to account for increased living expenses), and roll everything back in for another 5 years. Minimal thought and effort, no risk, much higher return than savings, fairly liquid (accessible) in an emergency, and great peace of mind. Plus it ensures I don't blow the money on something else, and that I have something to fall back on if all my other investments completely tanked, or I had massive medical bills, or lost my job, etc."}
{"text": " Are you trolling? It's been declining for 100 years. It's called inflation, and the guys in charge of the currency supply seem to think it's a good thing. Further the only way the government is ever going to pay this debt off is if we continue to see inflation for decades."}
{"text": " Ordinarily a cosigner does not appear on the car's title (thus, no ownership at all in the vehicle), but they are guaranteeing payment of the loan if the primary borrower does not make the payment. You have essentially two options: Stop making payments for him.  If he does not make them, the car will be repossessed and the default will appear on both his and your credit.  You will have a credit ding to live with, but he will to and he won't have the car. Continue to make payments if he does not, to preserve your credit, and sue him for the money you have paid.  In your suit you could request repayment of the money or have him sign over the title (ownership) to you, if you would be happy with either option.  I suspect that he will object to both, so the judge is going to have to decide if he finds your case has merit. If you go with option 1 and he picks up the payments so the car isn't repossessed, you can then still take option 2 to recover the money you have paid.  Be prepared to provide documentation to the court of the payments you have made (bank statements showing the out-go, or other form of evidence you made the payment - the finance company's statements aren't going to show who made them)."}
{"text": " I'd be a bit concerned about someone who wanted to transact that large of a transaction in cash.  Also consider what you are going to do with the funds, if you deposit it, you will need to tell the bank where it comes from. Why does the bank want to know, because most legal businesses don't transact business with large sums of currency.. What does that tell you about the likelihood the person you are about to do business with is a criminal or involved in criminal affairs?  The lower bill of sale price might be more than just to dodge taxes, it could be part of money laundering..  If they can turn right around and 'sell' the boat for $10K, or trade it in on a bigger boat for the same amount, and have a bill than says $4K, then they have just come up with a legal explanation for how they made 6 grand.  and you could potentially be considered an accomplice if someone is checking up on their finances. Really, is it worth the risk."}
{"text": " \"Banks make money on load origination fees. The \"\"points\"\" you pay or closing costs are the primary benefit to the banks. A vast majority of the time risks associated with the mortgage are sold to another party. FYI, the same is true with investment banks. In general, the transaction costs (which are ignored by modern finance theory) are the main thing running the incentives for the industry.\""}
{"text": " So a company can exploit cheap labour overseas, but their cash cannot help pension funds of people from abroad?  Multinational Corporations have no national identity. Their profits shouldn't be regarded as being gotten in just one country. If Apple's offshore money gives a guy in Bangladesh a better pension, they can buy a nice Japanese scooter, which in turn allows a Japanese girl to buy an iPod.  I'm an idealist, yes.  I wish people would stop dividing this world up with fictitious borders and stop with the whole 'us vs them' thing."}
{"text": " \"I think you should really start a limited company for this. It'll be a lot simpler to spread the income over multiple years if your business and you have completely separate identities. You should also consult an accountant, if only once to understand the basics of how to approach this. Having a limited company would also mean that if it has financial problems, you don't end up having to pay the debts yourself. With a separate company, you would keep any money raised within the company initially and only pay it to yourself as salary over the three years, so from an income tax point of view you'd only be taxed on it as you received it. The company would also pay for project expenses directly and there wouldn't be any income tax to pay on them at all. You would have to pay other taxes like VAT, but you could choose to register for VAT and then you'd be able to reclaim VAT on the company's expenses but would have to charge VAT to your customers. If you start making enough money (currently \u00a382,000/year) you have to register for VAT whether you want to or not. The only slight complication might be that you could be subject to corporation tax on the surplus money in the first year because it might seem like a profit. However, given that you would presumably have promised something to the funders over a three year period, it should be possible to record your promises as a \"\"liability\"\" for \"\"unearned income\"\" in the company accounts. In effect you'd be saying \"\"although there's still \u00a360,000 in the bank, I have promised to spend it on the crowdfunded thing so it's not profit\"\". Again you should consult an accountant at least over the basics of this.\""}
{"text": " Working on existing accounts does look really easy. It takes a special type of person though, and getting those accounts in the first place does take some serious effort.  As an aside, one of the more interesting things I found about salespeople is that they are well compensated, but very stuck. They can move to competition, but changing industries or moving to another region is extremely difficult for them due to the highly networked nature of their business."}
{"text": " Google inquiries (Auto-propose) \u2013 Content can be made in view of the prerequisite and web crawlers give enough choices to individuals to locate the correct catchphrases with the assistance of Dubai local seo master. You can presumably pay special mind to a watchword by writing a specific expression on the Google look box. Google inquiries are a standout amongst other alternatives, which can be comprehended by anyone chipping away at an article or a blog. Google auto-propose instrument is generally utilized by SEO organizations in UAE, where they can check by setting their undeniable catchphrases to check for the auto-recommended watchwords."}
{"text": " \"If your business is structured as a partnership or sole proprietorship you call this investment \"\"partner equity\"\".  If instead it is structured as a corporation, then the initial investment is called \"\"paid-in capital\"\".  Either way, this represents the capital the initial investors or partners provided to the company in exchange for their ownership stake. The most important thing in your case is that since that initial investment is in the form of inventory, you are going to have to document the value of that investment somehow.  You will definitely need a comprehensive manifest of what you contributed, including titles and condition, and if possible you should document the prices at which similar items are being offered for sale at the time you start operating.  Having this information will support your claims as to the fair market value of the start-up contribution, should the tax authorities decide to question it.\""}
{"text": " You have no grounds for a refund. The flight took off on time, and you chose not to be on board. The fact that the airline could not guarantee ahead of time that the flight would leave on time is not relevant. You can certainly try to dispute the charge with the airline, and it sounds like you have done so. The airline correctly indicates that your dispute is unfounded. You can call up your credit card company and explain the situation, and they may accept your dispute. However, I am not aware of any credit card that would reimburse you (that is, issue a chargeback) in this situation. I'm not trying to be unsympathetic. It sucks that you felt you could not rely on the airline, and are now out some money. Fundamentally, though, this was your choice. The airline would be obligated to reimburse you the cost of your flight, or book you on another flight, if the flight was cancelled due to bad weather or other issues, but they owe you nothing if the flight took off on schedule."}
{"text": " \"Nonsense. I am not saying the Elon and Tesla are perfect, but all companies have delays. Especially those inventing things nobody did before them.  And some companies have production capacity issues. Especially those experiencing super high demand on their products. Big deal!  Tesla got 0.5 million pre-orders. With approx 2-3 years of waiting time, and people had to pay 1000 USD upfront, out of their pockets. And they did.  Tesla is seeing an extreme demand for their high-priced product. Every entrepreneur and enterprise would love to be in Musk's shoes.   **So, delayed deliveries and shaking liquidity should be considered only \"\"logistics\"\" issues, not \"\"will he fail!\"\" discussion.**\""}
{"text": " \"As reported by ZeroHedge in January 2016:   \"\"While the media claims that this record has been reached because of drastic improvements to the US economy, they are once again failing to account for the central factor: credit expansion.\"\"   \"\"In order to generate more vehicle purchases, these companies have incentivized consumers with hot, hard-to-resist offers, similar to the infamous \u201cliar loans\u201d and \u201cno-money down\u201d loans of the 2008 recession.\"\"   http://www.zerohedge.com/news/2016-01-11/auto-loan-bubble-ready-pop.   Pro tip: Get your news over 1 year in advance by reading ZeroHedge and not shitty Bloomberg or other lamestream media.\""}
{"text": " Good sales people are difficult to find, so most companies offer them a decent salary and bonus to keep them incentivized.   At the end of the day, sales is what keeps a business afloat. I'm not saying the other job positions aren't important. Afterall, you need a product to sell or you won't be in business long. But great sales people are always in high demand. The more they sell, the richer the company gets.   The sales people are the ones generating revenue and profit for the company, so it makes sense if you look at it from that perspective. Although I agree with you--everyone in the company should receive some sort of bonus for exceptional performance."}
{"text": " Do you need the car, or is this an optional purchase for you?  Do you currently have a car that is in good working order? If you can continue to save for the car instead of buying now, you'll be getting interest on what you've saved -- and that's a lot better than 0% financing."}
{"text": " \"Things very similar to the idea of a \"\"future\"\" that routinely apply to single stocks are \"\"warrants\"\" and \"\"options\"\".\""}
{"text": " non-resident aliens to the US do not pay capital gains on US products. You pay tax in your home country if you have done a taxable event in your country. http://www.investopedia.com/ask/answers/06/nonusresidenttax.asp#axzz1mQDut9Ru but if you hold dividends, you are subject to US dividend tax. The UK-US treaty should touch on that though."}
{"text": " One reason why you may have gotten this advice is that stocks have an expected real return over time, while commodities do not. Therefore, when gambling on individual stocks, odds are in your favor that they will ultimately go up over time. You may do better or worse than the market as a whole, but they will likely go up as the whole market, on average, rises over time. Commodities, on the other hand, have no expected real return. It is more zero-sum. In fact, after costs, a real loss should be expected on average, making gambling in here more risky."}
{"text": " \"I was in the health insurance game for 10 years and never heard of this until the Affordable Care Act came about.  To my knowledge, there is no rule or regulation prohibiting it, however trying to get an insurer underwrite that risk is extremely unlikely. It's the same reason why you don't see AAA offering health insurance. There isn't a contractual relationship between the church and their constituents, so no underwriter worth their salt would put a reasonable price on that risk.   Members can easily come and go, and since insurance through your employer is still the dominant distribution channel for health insurance, it would be seen as an adverse risk, meaning that people who couldn't get it through \"\"normal\"\" channels must be getting it through the church, which it would then be assumed that this person applying for coverage is an \"\"adverse risk\"\" or someone who is abnormally unhealthy.  There are faith-based healthcare reimbursement programs that are NOT health insurance and do not satisfy the ACA required minimum coverages. From what I've seen and read, it's basically members of the religion or faith that pay money into the system (like paying an insurance premium) and they elect a board that basically evaluates each claim and pays or doesn't pay it, either partially or in full. While this is a nice way to get your bills paid, odds are it won't cover your $300,000 cancer treatment or your $50,000 cesarean section birth.\""}
{"text": " So, my question is what is the limit below which I don't have to pay taxes while trading. I just invested $10. Do I have to pay taxes for this too? what are the slabs? Any income is subject to tax. That said, investing $10 will probably not generate much of income, even at the discount brokers most of it will be wasted on commissions... I am also having an assistantship. So is holding two sources of income legitimate? Thanks You can have as many sources of income as you want. Working is what is restricted when you're on a student visa. As long as you don't open a business as a day trader or start working for someone trading stocks - you're fine."}
{"text": " Having a very high payout ratio is fine if there aren't any sensible investments available for the company, and citi already had their payout ratio somewhere in the 80% range.   The remaining excess is from them reducing the capital bed they were required to hold for the stress tests; cash that was essentially sitting around doing nothing.  [WSJ link](https://www.wsj.com/articles/BT-CO-20170628-711143) for u/LupusSuperius"}
{"text": " In short, I suggest you take a look at your W-4 form and adjust it properly. And yes you can claim your self as a dependent, unless someone else is claiming you. But here is a more detailed explanation of how it works. How Income Tax Works. While most people tend to only think about the tax system and the Internal Revenue Service (IRS) as the month of April approaches, it's actually a never-ending process. For our purposes, a good way to explain how the system works is to give an example of one American income earner, we will call him Joe. The tax process begins when Joe starts his new job. He and his employer agree on his compensation, which will be figured into his gross income at the end of the year. One of the first things he has to do when he's hired is fill out all of his tax forms, including a W-4 form. The W-4 form lists all of Joe's withholding allowance information, such as his number of dependents and child care expenses. The information on this form tells your employer just how much money it needs to withhold from your paycheck for federal income tax. The IRS says that you should check this form each year, as your tax situation may change from year to year. Once Joe is hired and given a salary, he can estimate how much he will pay in taxes for the year. Here's the formula: At the end of each pay period, Joe's company takes the withheld money, along with all of withheld tax money from all of its employees, and deposits the money in a Federal Reserve Bank. This is how the government maintains a steady stream of income while also drawing interest on your tax dollars. Toward the end of the tax year, Joe's company has to send him a W-2 form in the mail. This happens by January 31. This form details how much money Joe made during the last year and how much federal tax was withheld from his income. This information can also be found on Joe's last paycheck of the year, but he'll need to send the W-2 to the IRS for processing purposes. At some point between the time Joe receives his W-2 and April 15, Joe will have to fill out and return his taxes to one of the IRS service and processing centers. Once the IRS receives Joe's tax returns, an IRS employee keys in every piece of information on Joe's tax forms. This information is then stored in large magnetic tape machines. If Joe is due a tax refund, he is sent a check in the mail in the next few weeks. If Joe uses e-File or TeleFile, his refund can be direct-deposited into his bank account."}
{"text": " \"Stock has value to the buyer even if it does not currently pay dividends, since it is part ownership of the company (and the company's assets). The owners (of which you are now a part) hire managers to make a \"\"dividend policy decision.\"\"  If the company can reinvest the profits into a project that would earn more than the \"\"minimum acceptable rate of return,\"\" then they should do so. If the company has no internal investment opportunities at or above this desired rate, then the company has an obligation to declare a dividend.  Paying out a dividend returns this portion of profit to the owners, who can then invest their money elsewhere and earn more. For example: The stock market currently has, say, a 5% rate of return. Company A has a $1M profit and can invest it in a project with an expected 10% rate of return, so they should do so. Company B has a $1M profit, but their best internal project only has an expected 2% rate of return.  It is in the owners' best interest to receive their portion of their company's profit as a dividend and re-invest it in other stocks. (Others have pointed out the tax deferrment portion of dividend policy, so I skipped that)\""}
{"text": " Yes though I'd likely put a caveat on that. If you take short-term investments and extrapolate the results to get an annual result this can be misleading. For example, if a stock goes up 10% in a month, assuming this will continue for the next 11 months may not be a great idea. Thus, beware of how much data do you have in making these calculations. When looking at long-term investments, the compound annual growth rate can be quite useful for comparison."}
{"text": " The dealership is getting a kickback for having you use a particular bank to finance through. The bank assumes you will take the full term of the loan to pay back, and will hopefully be a repeat customer. This tactic isn't new, and although it maybe doesn't make sense to you, the consumer, in the long run it benefits the bank and the dealership. (They wouldn't do it otherwise. These guys have a lot of smart people running #s for them). Be sure to read the specifics of the loan contract. There may be a penalty for paying it off early. Most customers won't be able to pay that much in cash, so the bank makes a deal with the dealership to send clients their way. They will lose money on a small percentage of clients, but make more off of the rest of the clients. If there's no penalty for paying it off early, you may just want to take the financing offer and pay it off ASAP. If you truly can only finance $2500 for 6 mos, and get the full discount, then that might work as well. The bank had to set a minimum for the dealership in order to qualify as a loan that earns the discount. Sounds like that's it. Bonus Info: Here's a screenshot of Kelley Blue Book for that car. Car dealers get me riled up, always have, always will, so I like doing this kind of research for people to make sure they get the right price. Fair price range is $27,578 - $28,551. First time car buyers are a dealers dream come true. Don't let them beat you down!  And here's more specific data about the Florida area relating to recent purchases:"}
{"text": " The first DirecTV DVRs were TiVos, and they were fantastic. My family had a few.  DirecTV decided they'd rather keep the $1 per month they had to pay TiVo and released their own DVRs, which were widely panned. But if you wanted HD you didn't have a choice. That's why I bought a Series 3 and moved back to cable.  Some time in the last few years DirecTV though better of this decision and started offering new TiVo based boxes."}
{"text": " \"Holy shit its people like you who can't be won over and complain about everything.  \"\"Costoso pays its employees well\"\" You: Fuck them, they don't employ enough people!!!    \"\"Costco reduces pay to hire more employees\"\" You: Fuck them they're literally Walmart!!!!\""}
{"text": " DuoSeal Vacuum Pumps are known for their ruggedness world-wide. These pumps have large oil reservoirs to dilute contaminants. Low pump rpm to reduces friction and wear while minimizing reservoir temperature to lessen chemical reactivity. Pump can be ordered with an optional exhaust filter to control oil mist."}
{"text": " \"I think the first misconception to clear up is that you are implying the price of a stock is set by a specific person. It is not. The price of a stock is equal to the value that someone most recently traded at. If Apple last traded at $100/share, then Apple shares are worth $100. If good news about Apple hits the market and people holding the shares ask for more money, and the most recent trade becomes $105, then that is now what Apple shares are worth. Remember that generally speaking, the company itself does not sell you its shares - instead, some other investor sells you shares they already own. When a company sells you shares, it is called a 'public offering'. To get to your actual question, saying something is 'priced in' implies that the 'market' (that is, investors who are buying and selling shares in the company) has already considered the impacts of that something. For example, if you open up your newspaper and read an article about IBM inventing a new type of computer chip, you might want to invest in IBM. But, the rest of the market has also heard the news. So everyone else has already traded IBM assuming that this new chip would be made. That means when you buy, even if sales later go up because of the new chip, those sales were already considered by the person who chose the price to sell you the shares at. One principle of the stock market (not agreed to by all) is called market efficiency. Generally, if there were perfect market efficiency, then every piece of public information about a company would be perfectly integrated into its stock price. In such a scenario, the only way to get real value when buying a company would be to have secret information of some sort. It would mean that everyone's collective best-guess about what will happen to the company has been \"\"priced-in\"\" to the most recent share trade.\""}
{"text": " It's none of the school's business what your agreement is with your current employer. It's an odd request and would raise a flag to me about their ability to run a business/school logically and other odd/absurd business practices you may uncover or ways they may treat employees."}
{"text": " The first important thing while searching for binary signals is to check the reputation of the company before getting registered with it. Another important thing to be judged may be the method accustomed to generate the binary option trading signals. One must follow these two things for maximum profit. Visit us for more details: http://onlypro24.com"}
{"text": " I'm not pro-union not because of a conservative talking point, but because I think workers should have the choice as to whether they want to join or not.  Most unions are compulsory, not voluntary.  When I worked for Kroger as a summer job, I was forced to join the UFCW (United Food and Commercial Workers).  A part of my meager hourly wage was required to be given to them, yet I did not want to be a member because I would never receive the benefits.  You had to be working for 6 months to be accepted into the union, yet you were forced to pay dues the first minute you began working."}
{"text": " From your own [post in this discussion thread](https://www.reddit.com/r/business/comments/6yfcxu/the_debt_trap_how_the_student_loan_industry/dmnfcfs/)  &gt;In any case, an educated populace is crucial to avoid things like our current political climate, where people fall for propaganda and think satire websites are true news."}
{"text": " Most startup community would say don't even bother to secure it unless yours is never done before. If you really done a lot of research and no one has done it before. Maybe you're one of the lucky few in the world with some new idea. Some investors get turned off when you make them sign NDA, especially if you're a first time entrepreneur. But chances are you're probably not.   Instead focus on validating the idea and get market traction."}
{"text": " HP needs to knuckle down and focus on core principles if they want to survive. Time was they were synonymous with printing, they need to get back to that. Stop making disposable inkjets that are cheaper to replace than purchase ink for. Start making bulletproof hardware with 100,000 duty cycles like the old HP Laserjet 4s that many companies still run because the new stuff is shite."}
{"text": " Delaware LLC requires that each business entity have and hold an enterprise Registered in the State of Delaware who can be both a character resident or enterprise entity this is legal to do business in the  Wilmington, Delaware. the Delaware LLC has offered the same asset protections and tax advantages that a corporation offers. Often the LLC is the simpler, more flexible choice for small businesses. This small amount of required information not only makes it easy to start an LLC in Delaware, but it also helps to keep your identity and personal information secure."}
{"text": " 1: Gambling losses not in excess of gambling winnings can be deducted on Schedule A, line 28.  See Pub 17 (p 201).  Line 28 catches lots of deductions, and gambling losses are one of them.  See Schedule A instructions. 2: If the Mississippi state tax withheld was an income tax (which I assume it was), then it goes on Schedule A, line 5a.  In the unlikely event it was not a state or local tax on income, but some sort of excise on gambling, then it may be deductible on line 8 as another deductible tax.  It probably is not a personal property tax, which is generally levied against the value of things like cars and other movable property but not on receipts of cash; line 7 probably is not appropriate.  The most likely result, without researching Mississippi SALT, is that it was an income tax.  See Sched A Instructions for more on the differences between the types of taxes paid. Just to be clear, these statements hold if you are not engaging in poker as a profession.  If you are engaging in poker as a business, which can be difficult to establish in the IRS' eyes, then you would use Schedule C and also report business and travel expenses.  But the IRS is aware that people want to reduce their gambling income by the cost of hotels and flights to casinos, so it's a relatively high hurdle to be considered a professional poker player."}
{"text": " \"Unfortunately I don't think any of the online personal finance applications will do what you're asking. Most (if not all) online person finance software uses a combination of partnerships with the banks themselves and \"\"screen scraping\"\" to import your data. This simplifies things for the user but is typically limited to whenever the service was activated. Online personal finance software is still relatively young and doesn't offer the depth available in a desktop application (yet). If you are unwilling to part with historical data you spent years accumulating you are better off with a desktop application. Online Personal Finance Software Pros Cons Desktop Personal Finance Software Pros Cons In my humble opinion the personal finance software industry really needs a hybrid approach. A desktop application that is synchronized with a website. Offering the stability and tools of a desktop application with the availability of a web application.\""}
{"text": " &gt; People who wanted a high-end Vegas experience could simply afford to go to Vegas, while at the same time, Revel alienated the lower end customer base by banning smoking and not offering any inexpensive buffet style dining  Ouch. That sounds like a pretty hard fall for them."}
{"text": " A few months ago, I met with the founder of Wealthsimple. As someone with higher than average about both trading and investing, I asked him whether his funds would be able to add more value to my Couch Potato portfolio not in terms of returns but rather in terms of management fees. I also asked him this: if I wish to have a portfolio that has a specific % allocation towards emerging markets, would I be able to do so with Wealthsimple. The answer to both of the above questions was that I'd be better off investing by myself. I'd venture a guess and say that most people on SE Money wouldn't require a service such as Wealthsimple."}
{"text": " Are you looking for coupons for the products and services you use on a regular basis? When you\u2019re on the hunt for coupons, look no further than GetBidOn.com! We\u2019re your one-stop-show for personalized offers discounts, deals, offers, and coupons for almost anything you can think of!"}
{"text": " The reason is the same as with cell phones payment plans. As competition grows cell phone companies offer better payment plans for the same price or the same plans for lower price or both so that you stay with that cell operator. Banks also make better offers if the financial situation allows. Suppose several banks offer refinancing with better terms but prohibit refinancing loans from the same bank. Okay, you refinance from another bank and them maybe refinance the new loan again from the original bank - it's a new loan after the first refinance and prohibition no longer works. They just make you jump through more loops and it doesn't make sense neither for them nor for you"}
{"text": " "}
{"text": " The only time when you need to pay taxes on an existing pension is when the pension pays out after you retire, or if you get a lump sum out of the pension, around the time when you retire. The growth in value of your pension fund is not income."}
{"text": " Your question is a bit confusing, you may wish to edit it to clarify the meaning. If we broke up or he stops paying, can I take the car back again? No. Just as if you sold me or the guy down the street your car you cannot just simply take it back.  Being someone's boyfriend does not grant special privileges to you or him.   Don't do this if you have not done so.  If you have try and get it undone.   It is unlikely that this is allowable as the bank will not simply allow you to transfer ownership if you have a loan. In the future, use cash (not loans) to buy your cars."}
{"text": " The value of a company is, simplified, the sum of the value of the equity and the value of the debt. There are some other things to add/subtract to that, but just think about those for now.  You could also say the value of a company is the value of its assets, or more precisely the value of the net cash flows those assets will generate in the future.  So let's say you want to start a company, so you want to buy some assets. Maybe you want to buy a $200 asset. Well, you only have $100, so you take out a loan (debt) for $100 for the remainder. You buy the asset and start generating income.  Let's say after a month you get bored and decide to sell the company. Let's assume the value of the assets hasn't changed. Your equity is worth $100, and you find a buyer who is willing to pay $100 for your company. Great! Right?  Well there's still the $100 loan you owe, so you have to pay that back. And suddenly you now have $0.   So in fact, you should have negotiated $200 with the buyer, because that's what the assets are actually worth. Then you can pay back the loan and still have the $100 in equity you deserve. (Alternatively, you could have negotiated the buyer to assume responsibility for the loan; same outcome for you.)  Did that help?"}
{"text": " \"Depending on where you live in the UK, buying a house sooner might be a better option. I would echo the advice about putting some money away into a \"\"rainy day\"\" fund etc. above but I know that in my area house prices are going up by around 7% per year. I bought a house two years ago and I'm paying 4% interest on my mortgage so I'm effectively making money by owning my house.  Given that you want to buy a house soonish, if your money sits in an account somewhere making no interest, you're effectively losing 7% of your cash each year by not keeping up with house prices, meaning you'll be able to afford a smaller house with the same money. Do bear in mind though that buying a house costs around \u00a34k in lawyers fees, surveys, mortgage setup fees etc. and selling a house can be more since estate agents will take a % of the sale cost. If you live somewhere where house prices are not increasing as quickly then this will not be as good an option than if you live in e.g. London where house prices are currently skyrocketing. If you don't want to live in the house, you may be able to do a buy-to-let as an investment. Generally the rent will cover the mortgage payments and probably a letting agent/property management company's fees, so while you won't see any actual net income, the people renting will be paying the mortgage off and you'll be building equity on the home. It's not entirely without risk though as tenants can trash homes etc.\""}
{"text": " Meh... how about telling us how they actually run scams?  What to watch out for?  Some real info.  What's here is, mostly, obvious top level stuff.  What I want is the dirt.  Real details.  Real content.  Come on, give it to us."}
{"text": " Lack of demand???  There is no such thing as a lack of demand.  People will always demand stuff they want and need.  If you're saying people are lacking demand of the goods and services that have been overly inflated and misallocated then yes I agree and therefore this lack of demand is the right medicine to signal to the market that we need to reallocate supply and production to create products/services that people want and can afford to buy.  More stimulus and propping up failed industries/services will only mean that we will just continue the failed path that brought us here in the first place."}
{"text": " An option, by definition, is a guess about the future value of the stock. If you guess too aggressively, you lose the purchase price of the option; if you guess too conservatively, you may not take the option or may not gain as much as you might have. You need to figure out what you expect to happen, and how confident you are about it, against the cost of taking the option -- and be reasonably confident that the change in the stock's value will be at least large enough to cover the cost of buying into the game. Opinion: Unless you're comfortable with expectation values and bell curves around them, it's significantly easier to lose money on options than to profit on them. And I'm not convinced that even statisticians can really do this well. I've always been told that the best use for options is hedging an investment you've already made; treating them as your primary bet is gambling, not investment."}
{"text": " Minimum wage in California is $10.50/hour.   Farm work is seasonal, hot, dirty, physical work.   So, for many working at McDonald's for about 2/3 the money is preferable.   Clearly $15/hour isn't enough to get a significant number of non-immigrant people interested in the work."}
{"text": " You can deduct retirement contributions (above the line even), but not as a business expense. So you can't avoid the SE taxes, sorry."}
{"text": " \"Saying that sales go online doesn't mean that a typical JC Penny shopper just goes to their site.  These people are going to google, shopping engines and Amazon.   \"\"Upping your online sales\"\" isn't that simple.  If the majority of shoppers are searching google and your listings don't show up, then that potential customer is going else where.   You could pay for PPC ads but return on investment on PPC can suck depending on your market and for products that have a long life cycle return happy customers could be years before they return.  Even worse, if JC Penny and Sears DID want to compete online their prices aren't really all that great either, so even if you landed on their site, chances are you can find it cheaper else where, and their overhead (from stores, and employees) makes it hard to cut prices to compete.\""}
{"text": " With new cars it's usually the other way around: finance at a low APR or get cash back when you buy it outright. With used cars you usually don't know how much they have invested in the car, so it's more difficult to know how low they're willing to go. Regardless, I do think it's odd that they would knock 2K off the price if you finance with them, but not if you pay cash. The only reason they would do that is if they intend to make at least 2K in interest over the life of the loan, but they have no way of guaranteeing you won't refi. Therefore, I suspect they are bluffing and would probably close the deal if you wrote them a check (or put the cash on the table) for 2K less. However, if they won't budge and will only knock off 2K if you finance, you could finance and pay it off in full a week later. Just make sure they don't have any hidden origination fees or pay-off-early fees."}
{"text": " The main problem is that everyone graduates from high-school, almost everyone gets accepted to college and almost nobody who put minimum efforts fails college classes. I know that! I was an adjunct professor and was told I can't fail my students except in extreme cases.  In the past, to graduate from high school was a hard accomplishment. Getting accepted to college was a hard accomplishment. Surviving the first year in college was an accomplishment and getting a degree was an accomplishment.  Those accomplishments in the past gave you excellent benefits! Benefits of assured respected jobs, income, security, and being the exception.  An example: in the past, to be a teller in the bank, you did not have to finish high-school, just be good in basic math. Today: a teller in the bank, one of the lowest paying jobs you can find, requires a Bachelor degree. Does the bachelor degree worth it?  **Basically, higher education became an industry, that accept as many people as possible, charge them as much as it can, give degrees to undeserving people, and those degrees are almost worthless. You can't do much with a Bachelor degree!**  The solution is to make the standards for high school and college much higher.  Everything will fall into place then.   Fewer students who are actually interested in studies and are qualified for their studies will mean better teaching, lower costs, and much better benefits for those deserve those benefits.  Chances of this happening? Big big zero. Actually, the chances of even lower standards for colleges and schools are 100%.  So, for my son, I explained to him to not invest much in an excellent and expensive college for [worthless] degrees. Instead, while he studies, work in the area he is interested in and learn from the masters he works with. My son is 13, but since being 11, he works (yes, he makes money) with some computer system he's interested in.  Personally, I worked since I was 13, study and worked all the time, got my Bachelor and Masters, and I am doing extremely well. I get paid for what I know, which Zero of it came from my studies and money I spent in those studies."}
{"text": " OK to be upfront, I hate Bankerella too and think that post was quite idiotic of her.  Considering that though, One of the top things any interviewer will/should consider is whether the want to work with the person they are interviewing. In this case, she simply gave the person a pass to the final round, she didn't actually give a job offer and didn't take any slots away from anyone else. The candidate is very likely to be the person working with her if she gets the job so of course she is going to choose a candidate based on personality."}
{"text": " My personal favorites are Options, Futures, and Other Derivatives by John C Hull Thinking Fast and Slow - Daniel Kahneman Expected Returns - Antti Ilmanen [check out the video : How to Think About Expected Returns] It is a 600 page book \u2026 A summary of it: Without a rational expectation of expected returns, investing can lead to severe disappointment and disillusionment.  Making a good model to forecast expected returns is so difficult. Near-term expectation is almost impossible. The key is very very much about focusing on the long-term, and on getting returns that are feasible, not outlandish. There are three pillars that are central: Practically, the work of an investment manager today involves finding many different sources of returns, and diversifying effectively between them, and finally being humble about what returns we can expect today."}
{"text": " 9 Capital in The Twenty First Century by Thomas Piketty   8 The Art of Strategy by Dixitt and Nalebuff   7 Against the God's by Peter Bernstein   6 The Black Swan by Nassim Nicholas Taleb   5 The Intelligent Investor by Benjamin Graham   4 Money: Master the Game by Tony Robbins   3 Thinking Fast and Slow by Daniel Kahneman   2 The Personal MBA by Josh Kaufman   1 The Power of Habit by Charles Duhigg    ... Kind of meh choices really."}
{"text": " Ammo prices are the result of our constant wars. There are only so many bullet manufacturers and they are running 24 hour shifts to meet military demand. When we stop expending so much of it over in the desert they will be able to shift production back to domestic markets and prices will fall a little. Doubt they will ever go back to what they were though."}
{"text": " what i dont get is that the debt actually went down for once and not up and people seem to be unhappy about it because it was under trumps administration.    People need to get this in their heads that this is a win for the people. The nation is so split apart that when something positive it is meet with negativity. Who care if trump did it or not.  IT WENT DOWN thank jesus,buddha or tom cruise who ever but it went down."}
{"text": " \"What disconnect? And I'm not even kidding here - where is it? Do you really think that arbitrage that is a pittance compared to long term trading somehow distorts the process that some people claim is actually socially beneficial? Given that there's really no evidence of it causing misallocation or mispricing, what is the problem? That some dumbass day trader (who is, by the way, trying to make money in exactly the same way as the HFT people - he's just worse at it) got screwed over by some not-quite-as-dumbass people working at Goldman Sachs?  And why would you think that HFT (or any other advancement) is somehow related to such a thing; we've had \"\"speculation\"\" and foul play of various types for hundreds of years. What is it that is fundamentally different this time that wasn't there in, for example, the 80s?\""}
{"text": " All but certainly, Mitsubishi is selling so cheaply because of the fuel scandal. It has been providing false fuel efficiency data for decades. As a result, it may face significant penalties and may have lost the trust of consumers, who will now be less likely to purchase a Mitsubishi vehicle. Nissan is taking a controlling stake in Mitsubishi. This is important news for the company, too. The stock price reflects the consensus of investors on how significant these issues are. It's quite possible the stock will recover over the next few years, in which case it's a bargain at the moment. On the other hand, it's quite possible the company will never recover."}
{"text": " I think everyone else answered before you added the info about your car loan in your comment. While it makes sense to pay off loans with the highest interest rate first, keep in mind that in most cases you can deduct mortgage interest from your taxable income. So the after-tax rate of interest that you're paying on your 8.6% second mortgage will be less than your 7% car loan, assuming that your tax bracket is more than 18% (federal and state combined). If you plan to use your funds to pay down debt, definitely attack the car loan first."}
{"text": " If it was me, I would withdraw money from savings and be debt free today.  I would then pour the $500 into building back your savings.  Then of course, never again carry a balance on your CC. At your age MSFRX is a losing game.  You can handle the volatility of better performing funds, I would have zero in there.   If it was me, I would do something totally different then you are doing: Keep in mind you are doing very good as is.  The best way to win with money is to make good moves overtime, and given your debt level, savings, and willingness to contribute to a 401K your moves are pretty darn good.   Keep in mind you will probably want to start saving a down payment for a house.  This should be done outside of your 401K. Overall good work!"}
{"text": " This was called Financial repression by Edward S. Shaw and Ronald I. McKinnon from Stanford (https://en.wikipedia.org/wiki/Financial_repression). Financial repression is the situation, when government is stealing from people, who rely heavily on saving, rather then on spending. Meaning that your saving rates will be a lot worse then inflation rate. Financial markets are artificially hot and interest rates artificially low (average historical interest rate is 10%). This could be a possible predictor state to hyper-inflation."}
{"text": " I don't see the reason for this response. It seems the only logical conclusion since the following factors aren't explanatory:       I) resources;       II) environment (excluding Earth natural resources);       III) landlocking;       IV) historical circumstances (excluding evolutionary environ; cf. Clark, 2008);       V) colonial legacy (it's actually predictive of greater success, not less);       VI) badly-drawn borders;       &amp;c. All explanations drawn from common equalitarian tropes seem to fall flat and counter-examples abound. What's more, other differences with a more biological, evolutionary basis are; A) more sensible, and; B) more explanatory."}
{"text": " Diploma mills will sell a piece of paper to anyone who pays them, but that doesn't mean they have learned anything or will be able to get a job. They trick prospective students into taking out massive student loans for something that will bear no resemblance to an actual education. The worst part is that allegedly legitimate colleges and universities have been playing this game too for at least a decade. What is going to be done about it? Nothing. In the United States of Avarice, only those rich enough to bribe congress get their way."}
{"text": " 1 lot is 100 shares on London stock exchange"}
{"text": " I appreciate your help and thank you for your response but it was worded so poorly, I have no clue what your message was in the end. It got completely lost. I\u2019m not trying to be rude or anything, I just have no idea what you were trying to say and am now utterly confused. It was just really hard to read when it lacks correct grammar and punctuation, sorry. It sucks though - I\u2019m actually interested in what you have to say."}
{"text": " You whining butthurt projectionists can't stand up to any scrutiny. Stick to your weak propaganda hate sites if you can't handle reddit and having to deal with people that have their own views that aren't spoon fed to them by their news media.  How's that wall coming?  How's the Obamacare repeal going?  Did you stop all Muslims from coming into the country yet?  Normally I'm more tempered in this sub, but enough is enough, we cannot all your brand of stupid to infect threads without challenge anymore. You are not genuine, you are liars and self serving narcissists. Be gone."}
{"text": " We already offer console repair, we sell pre packaged food, drinks, ect.   Coffee here requires health inspections (almost like a restaurant).  We do have a constant flow of new customers as well as loyal regulars that never miss an event. We offer rewards for our members that bring in new customers as well."}
{"text": " Most likely the account funds have been handed over to the government of the state in which the account was established.  Generally it can be recovered if reasonable proof of ownership is provided (which you seem to have).  You should try going to http://unclaimed.org/ and selecting the account's state.  That site is run by the National Association of Unclaimed Property Administrators, and generally selecting the state will take you to the web site of the particular state's unclaimed property department and give information on how to find out about the funds and/or file a claim."}
{"text": " From accounting perspective, an unpaid bill for internet services, according to the Accruals Concept, is recorded as a liability under 'Current Liabilities' section of the Balance Sheet. Also as an expense on the Income Statement.  So to answer your question it is both: a debt and an expense, however this is only the case at the end of the period. If you manage to pay it before the financial period ends this is simply an expense that is financed by cash or other liquid Asset on the Balance Sheet such as prepayment for example. For private persons you are generally given some time to pay the bill so it is technically a debt (Internet Provider would list you as a debtor on their accounts), but this is not something to worry about unless you are not considering to pay this bill. In which case your account may be sold as part of a factoring and you will then have a debt affecting your credit rating."}
{"text": " \"Corporate bankruptcy is yet another program that can benefit the wealthy at the expense of the little guy.  A few years ago I had a trading account with a large company known as Refco.  They filled for bankruptcy and I was shocked to learn that my personal funds in my trading account were seized and used to pay of \"\"secured creditors\"\" which were companies like Bank of America.  I was lucky to get back 3 cents on the dollar.    TL:DR - large companies use bankruptcy to screw over the little guys\""}
{"text": " I apply what you term 'money' to the word 'commodity'. And I agree with littleadv, you are just selling us your perspective on (such things as) precious metals.  What I want you to think about is these truths: When used as currency gold just has two values: utility value and currency value. I hold it is better to separate the two.  There is not enough gold in the earth to represent the value in aggregate economies of the world. Trying to go back to the gold standard would only induce an unimaginable hyperinflation in gold.  Recent years shows that gold does not retain value. See the linked chart."}
{"text": " Usually, your situation is a generalized form of import/export, with you as the net exporter of goods/services and the individual consuming your goods/service as net importer. Import export laws vary from country to country but following are the general tariffs/taxes applicable: Export tax/duty: From your sovereign jurisdiction (read country/region/EU region), there could be export restriction or tariffs applicable to your exported goods/services on the other hand there may not be any, check with EU export law on this and then your country specific law. If there is any tax/tariff payable, you shall have to pay the same on the transactions. Import tax/duty: This is more related to your customer who is purchasing the goods/services from you, however, you should know this. Your customer will be liable to pay any import tax/duty as applicable for importing of your goods/services in that country/region, if it is applicable. Shipping Insurance: If it is a physical goods, there would be shipping and with shipping comes insurance and indemnity (if applicable). So there is a cost to it, you need to be aware of this. Sales Tax: There is no Govt. on earth or history which does not or did not charge sales tax in some form or the other. EU/country will also have sales tax, you should be aware of this as per transaction you may have to pay sales tax to the Govt. This would add to the cost. Credit of Foreign Currency Payments: Some countries have tax/tariffs attached to foreign currency credits/transfers or bank charges attached to the same, you may have to open specific type of bank A/C to receive the credits. These laws are specific to country/region, you should be aware of the same. The above are generic considerations and not specific to EU and to a greater/lesser extent applicable to all countries/regions. Best would be to search the net on the above points for EU region and get answers or approach a chartered accountant who will give you all the information."}
{"text": " I think technically the MIR includes the date of issuance but not the time, see the references here. What you have there looks like a timestamp followed by the MIR. If you look at this example from IBM they also show the input time as a separate field."}
{"text": " \"what an asshole.  here's the line he's hoping you won't read too closely \"\"By 2002, Fannie and Freddie had bought well over $1 trillion of subprime and other low quality loans.\"\"  BOUGHT as in private lenders made the loans and then sold them to Fannie or Freddie.  As 60 minutes recently documented many of the megabanks were routinely forging income statements and pushing people toward loans they knew they could not afford.  Yes Fannie and Freddie contributed by providing a convenient place for the bankers to stuff their fraudulent loans but even the trillion he speaks of is a drop in the bucket compared to the size of the derivatives market the banks built on top of the subprime loans.  He's either a fool or a shill and probably a little of both\""}
{"text": " You should ask a CPA or tax lawyer to what extent living in specific housing provided by the employer as a job requirement is exempt from taxation.  You might find a nice surprise.  Your tax professional can also help you to report the items properly if mis-reported. Much of this is in the article you cite in the question, but perhaps a look at some of the original sources is warranted and will show why some expert advice might be useful.  I would argue that an RA who is required to police and counsel undergrads in a college dorm in exchange for a room or a flat is closer to a worker with quarters on a ship or at an oil well than a full professor who receives a rental home in a neighborhood near the university as a benefit.  In the first case living at the provided premises is necessary to do the job, but in the second case it is merely a benefit of the job.   The IRS Publication 15-B guidance on employer provided housing  is not entirely clear, so you might want to get some additional advice: Lodging on Your Business Premises You can exclude the value of lodging   you furnish to an employee from the employee's wages if it meets the   following tests. It is furnished on your business premises. It is furnished for your convenience. The employee must accept it as a condition of employment. Different tests may apply to lodging furnished by educational   institutions. See section 119(d) of the Internal Revenue Code for   details. If you allow your employee to choose to receive additional pay instead   of lodging, then the lodging, if chosen, isn\u2019t excluded. The exclusion   also doesn't apply to cash allowances for lodging. On your business premises.   For this exclusion, your business   premises is generally your employee's place of work. For example, if   you're a household employer, then lodging furnished in your home to a   household employee would be considered lodging furnished on your   business premises. For special rules that apply to lodging furnished   in a camp located in a foreign country, see section 119(c) of the   Internal Revenue Code and its regulations.  For your convenience.   Whether or not you furnish lodging for your convenience as an employer   depends on all the facts and circumstances. You furnish the lodging to   your employee for your convenience if you do this for a substantial   business reason other than to provide the employee with additional   pay. This is true even if a law or an employment contract provides   that the lodging is furnished as pay. However, a written statement   that the lodging is furnished for your convenience isn't sufficient. Condition of employment.   Lodging meets this test if you require your   employees to accept the lodging because they need to live on your   business premises to be able to properly perform their duties.   Examples include employees who must be available at all times and   employees who couldn't perform their required duties without being   furnished the lodging.   It doesn't matter whether you must furnish   the lodging as pay under the terms of an employment contract or a law   fixing the terms of employment. Example of qualifying lodging. You employ Sam at a construction project at a remote job site in   Alaska. Due to the inaccessibility of facilities for the employees who   are working at the job site to obtain lodging and the prevailing   weather conditions, you furnish lodging to your employees at the   construction site in order to carry on the construction project. You   require that your employees accept the lodging as a condition of their   employment. You may exclude the lodging that you provide from Sam's   wages. Additionally, since sufficient eating facilities aren\u2019t   available near your place of employment, you may also exclude meals   you provide to Sam from his wages, as discussed under Meals on Your   Business Premises , later in this section. Example of nonqualifying lodging. A hospital gives Joan, an employee of the hospital, the choice of   living at the hospital free of charge or living elsewhere and   receiving a cash allowance in addition to her regular salary. If Joan   chooses to live at the hospital, the hospital can't exclude the value   of the lodging from her wages because she isn't required to live at   the hospital to properly perform the duties of her employment. One question would be how the conflict with IRC 119(d) is resolved for someone who must live in the dorm to watch over the dorm and its undergrads. Here's 26USC119(d) from LII: (d) Lodging furnished by certain educational institutions to employees (1) In general  In the case of an employee of an educational   institution, gross income shall not include the value of qualified   campus lodging furnished to such employee during the taxable year. (2)   Exception in cases of inadequate rent Paragraph (1) shall not apply to   the extent of the excess of\u2014 (A) the lesser of\u2014 (i) 5 percent of the   appraised value of the qualified campus lodging, or (ii) the average   of the rentals paid by individuals (other than employees or students   of the educational institution) during such calendar year for lodging   provided by the educational institution which is comparable to the   qualified campus lodging provided to the employee, over (B) the rent   paid by the employee for the qualified campus lodging during such   calendar year. The appraised value under subparagraph (A)(i) shall be   determined as of the close of the calendar year in which the taxable   year begins, or, in the case of a rental period not greater than 1   year, at any time during the calendar year in which such period   begins.  (3) Qualified campus lodging For purposes of this subsection,   the term \u201cqualified campus lodging\u201d means lodging to which subsection   (a) does not apply and which is\u2014 (A) located on, or in the proximity   of, a campus of the educational institution, and (B) furnished to the   employee, his spouse, and any of his dependents by or on behalf of   such institution for use as a residence.  (4) Educational institution, etc. For purposes of this subsection\u2014 (A) In generalThe term   \u201ceducational institution\u201d means\u2014 (i) an institution described in   section 170(b)(1)(A)(ii) (or an entity organized under State law and   composed of public institutions so described), or (ii) an academic   health center. (B) Academic health centerFor purposes of subparagraph   (A), the term \u201cacademic health center\u201d means an entity\u2014 (i) which is   described in section 170(b)(1)(A)(iii), (ii) which receives (during   the calendar year in which the taxable year of the taxpayer begins)   payments under subsection (d)(5)(B) or (h) of section 1886 of the   Social Security Act (relating to graduate medical education), and   (iii) which has as one of its principal purposes or functions the   providing and teaching of basic and clinical medical science and   research with the entity\u2019s own faculty."}
{"text": " \"Maybe read a bit about Bain from somewhere other than the Obama campaign.  \"\"Reviving companies\"\" was their basic MO, and was exactly what they did to Toys'R'Us, which makes me very suspicious regarding claims that they just ruined Kay-Bee for shits and giggles.\""}
{"text": " Another option if it is available is a Roth 401k.  It is similar to a Roth IRA in that you pay taxes up front, but the withdrawals are tax free."}
{"text": " I've grown up and lived in California almost my whole life. I pay taxes.   Our system is horribly corrupt and built to empower big property owners. Young couples tend to pay many times higher taxes than older people who are living in comparable homes. Proposition 13 was pushed through by landlord associations. If we did away with it an replace it with a fair and equitable system we could solve many of our funding problems."}
{"text": " Various networking Companies use 192.168.0.1 IP address to access their admin page. We solve issues related to this IP address such as 192.168.0.1 login my account issue, 192.168.0.1 the page cannot be displayed etc. Feel free to contact us through live chat window."}
{"text": " The BPO companies provide round-the-clock service to cater the customer\u2019s requirement. The majority of good BPO companies provide 24/7 service, in order answer the queries and concerns of their client\u2019s end customers. These experts are fully-trained and they do a regular follow-up for the complaint raised by the customers and do their best for resolving the customer\u2019s complaint to his satisfaction."}
{"text": " \"A dividend is a cash disbursement from the company.  The value of the company goes down the same amount of the dividend, so it is analogous to having money in a savings account and taking a withdrawal every month.  Obviously you are going to have less in the end than if you just kept the money in the account. suppose that I own 10 different stocks, and don't reinvest dividends, but keep them on account, and each month or two, as I add more money to invest, either in one of my existing stocks, or perhaps something new, I add whichever dividend amount is currently available in cash to my new purchase, would this strategy provide the same results? Roughly, yes.  Reinvesting dividends is essentially buying more stock at the lower price, which is a net zero effect in total balance.  So if you invested in the same stocks, yes you'd be in the same place.  If you invested in different stocks, then you would have a performance difference depending on what you invested in. The risk is the temptation to take the cash dividend and not reinvest it, but take it in cash, thereby reducing your earning power. That is, is there some particular reason that the brokers are recommending automatically reinvesting dividends as opposed to reinvesting them manually, perhaps not always in the same item? I'd like to think that they're looking after your best interest (and they might be), but the cynical part of me thinks that they're either trying to keep your business by increasing your returns, or there's some UK regulation I'm not aware of that requires them to disclose the effect of reinvesting dividends.    \u00a3100 invested in the UK stock market since 1899 would have grown into just \u00a3177 after adjusting for inflation. This figure seems ludicrous to me.  I haven't actually measured what the historical returns on the \"\"UK market\"\" are, but that would mean an annualized return (adjusted for inflation) of just 0.5%.  Either UK stocks pay a ridiculous amount of dividends or there's something wrong with the math. EDIT I still have not found a definitive source for the real UK market return, but according to this inflation calculator, \u00a3100 in 1899 would equate to almost \u00a312,000 today, for an average inflation rate of 4.14 percent, which would put the CAGR of the UK market at about 4.9%, which seems reasonable.  The CAGR with dividend reinvestment would then be about 9.1%, making dividend reinvestment a no-brainer in the UK market at least.\""}
{"text": " The victim never actually receives the money, so that is not an option. The scammer generates the transaction using a fraudulent check. Once the check is found to be fraudulent the chain of involved banks claw the money back (which is the bank's money, not the scammer's). So, what happens is the victim sees a deposit in their account, but it is not real, it is a conditional deposit by the bank made on the assumption that the payment is good (which it is not). When the victim endorses a check, they are guaranteeing to the bank that they consider the check good and vouching for the check. That is why the bank credits the victim's account, because the victim has vouched for the check. When the check later turns out to be fraudulent, the victim owes the bank money. In theory, people who endorse a fraudulent check could be criminally prosecuted, but that does not happen normally."}
{"text": " \"Will it be more money for me now if I don't take it out? Yes Will it be more money for for my retirement if I do? Yes The difference will be the existence of a match and tax-deferral.  If there is a match then you will have an instant 100% gain on the amount that is matched. From a tax standpoint, putting some in your 401(k) now will reduce your taxes this year - you will instead pay tax when you withdraw the money at retirement (the withdrawal will be considered \"\"income\"\" at that time). Other decision points: If there is no match, but you still want to add to retirement savings, then you could alternatively put the money in an IRA, which will give you more control over your investments than a 401(k) (which could be good or bad, depending on how investment savvy you are).\""}
{"text": " I figured you might say Australia.  Unfortunately, you'll still need to pay US taxes (if I understand things correctly) on top of any Australian taxes you'll have to pay so long as you are still a US citizen (and afaik, you can't give up US citizenship w/o first becoming a citizen of some foreign country).  Do you have a plan for this (yet)? If so, what?  I have to say that the reaction to Eduardo Saverin leaving the US is frightening and certainly goes a long way toward validating your concerns."}
{"text": " If you're under age 55 and in good health generally you cannot withdraw your funds from super and your super fund cannot provide you with any financial assistance eg lend you money. However, for a very small percentage of people with unrestricted non preserved superannuation components ( check your statement most people's superannuation is 'preserved'which means they cannot access it until they meet a 'condition of release')they may withdraw their super benefits upto the unrestricted non preserved amount. For healthy (& able) persons  aged 55 and over they may access their super under the following conditions: I can understand your frustration of having your money compulsory tied up in superannuation especially given the poor investment returns of the past 5 years. However, superannuation may be more flexible than you realize, I am an adviser at Grant Thornton and I am constantly telling clients that superannuation is not an invest but it the most tax effective long term savings vehicle available to Australians for their investment savings eg max 15% tax on income and capital gains if held for a year are taxed at 10%.  If you're not happy with your investment returns you may like to seek some advice or,set up your own super fund - a self managed super fund where you can invest a wide variety of assets; shares, managed funds,cash, term deposits, property( your super fund can even borrow to help acquire the property) I hope this helps"}
{"text": " It wouldn't be a problem at all if all this gained productivity was distributed equally among our society, but this will just enrich shareholders and maybe franchise owners while the working class fights over even smaller scraps.  Automating away manual labor could be one of the greatest things to happen to our species, but in a purely capitalist economy it'll only cause suffering."}
{"text": " \"Of course Goldman Sacs sells the bonds to the fed without charging a commission. They are  well known for their compassionate altruism. Just kidding! Of course they charge. The Federal Reserve Act specifies that the Federal Reserve buy and sell Treasury securities only in the \"\"open market.\"\" The Federal Reserve conducts its purchases through \"\"Primary Dealers\"\" - usually Goldman Sacs-these btw are older securities. The new ones such as the fed has been gobbling up lately are sold at auction.  This supposedly supports the central banks independence in conducting monetary policy but still doesn't seem right. But then the fact that we have a central bank at all instead of the U.S. Treasury printing the money, doesn't seem quite right either now does it?\""}
{"text": " The issue for you seems to be the sequence of events. Presumably, there will be a gain in the fund. In one year, you have a fund worth $100,000 and the $8500 your netted from the $10,000 dividend. (Dividends are taxed at 15% for most of us. If your taxable income is under $38K single, it's $0) An $8500 net return for the year. Now, if there were no initial dividend, and at the end of a full year, your $100K grew to $110K, and then gave you the $10K dividend, you might not be so unhappy. Even on day 2, you now have a fund worth $90K with a basis of $100K, and the promise of future dividends or cap gains. When you sell, the first $10K of gain from this point will effectively be tax free due to this quick drop.  To directly answer the last few sentences, dividends and cap gains are different. And different still, for the way a fund processes them."}
{"text": " Almost every screener is able to do this. Please put effort into researching.  Take the difference between http://finviz.com/screener.ashx?v=111&f=sh_avgvol_o1000,sh_price_u10,ta_highlow52w_nh&ft=4 and http://finviz.com/screener.ashx?v=111&f=sh_avgvol_o1000,sh_price_u5,ta_highlow52w_nh&ft=4 to get your results.  Even MSN Money can do this http://www.msn.com/en-us/money/stockscreener/52weekhighs"}
{"text": " You can probably roll it over into the new company's 401k too, so just talk to your HR rep there.  I set up a separate Vangard IRA so when I changejobs or anything, I just dump my investments into that account and don't have to worry about keep track of them all over the place."}
{"text": " Generally I drink the free water that they provide.   What I am saying is that if they lowered the price of the food and drinks, they might get more people in the door.  When it costs $50+ to go to the movies for a family of three, that family tends to not go out much."}
{"text": " The solution is clear: You need to find a second job and work on the weekends and use that to pay off your debt.  You're only 25, you need to scrimp every ounce of your extra energy and pay off your debts by age 30.  You can do it by working a second job, and by working harder at your current job and getting promotions and raises."}
{"text": " \"&gt;1.) The US mint is a private business. There's your first flaw of any argument about currency before we talk further.  Policies are set by the US Congress, and the Mint operates under the auspices of the US Treasury. You don't point out how any of this relates to anything, so I guess no point in going any further.   &gt;2.) That small percentage value of the penny \"\"not being worth your time\"\" is a huge fallacy. It might not be worth anything to him, but I generally would be intent on getting a few cents back that are due to me. Similarly, using his example of 3 cents adding 2 seconds to the transaction ends up at a rate of $54/hr. That's quite a bit of money to be considered.  If we assume that any penny related transaction is equally likely to have 1 - 4 pennies involved, and we take the 2 second figure as accurate, then we come up with $45 per hour. However, there is the time of the cashier and anyone behind you to consider. That 2 seconds is multiplied by everyone, but only you get the pennies. If we figure you have to wait as often as you receive pennies on the whole, then the figure gets slashed, I'm guessing under $10 an hour.   Your figure also fails to account for what would happen if the penny were removed from circulation. Most likely outcome would be that transactions where you'd make 1 or 2 pennies would be rounded down and transactions where you'd have gained 3 or 4 pennies would be rounded up. You aren't actually (on the whole) gaining or losing any money at all.   &gt;3.) No machines take pennies. Fair enough. Not really the fault of the penny itself, but more so a fault of brash inflation.  This isn't about establishing guilt. Pennies are tools and symbols, if they don't serve their purpose, then maybe we should consider removing them.   &gt;4.) Supposing the penny does get removed, the axe gets held above the neck of the nickle inevitably. Then the dime, and so on.   So?  &gt;You'll also see a massive disruption in handling of accounting principles and tax rates due to being forced into /5 rates. All adjustable, yes, but it does cause a whole new mess of issues in it's own right.  This can be acknowledged. One might take issue with massive, but a transition would not be free of labor and education costs.   &gt;5.) Lincoln's face has nothing to do with this argument. 25 seconds worth of video wasted (that's about 35 pennies worth).  Maybe it didn't hit home with you, but the videographer obviously felt he was addressing someone's concern. The psychological impact of change or the not-strictly-scientificattachment to traditions or history would have to be taken into account in a fair evaluation of implementing a big change.\""}
{"text": " I would not pay for anything on LinkedIn. I have read that once you give them your credit card, it is VERY hard to unsubscribe. Read the reviews about that online. They are not good.  I believe in LinkedIn and feel you can benefit a lot from it. If you don't have a profile you are limiting yourself because all employers are searching prospective employees online and the more positive info about you out there, the better. You control what is on LI."}
{"text": " The commission is per trade, there is likely a different commission based on the type of security you're trading, stock, options, bonds, over the internet, on the phone, etc.  It's not likely that they charge an account maintenance fee, but without knowing what kind of account you have it's hard to say. What you may be referring to is a fund expense ratio.  Most (all...) mutual funds and exchange traded funds will charge some sort of expense costs to you, this is usually expressed as a percent of your holdings.  An index fund like Vanguard's S&P 500 index, ticker VOO, has a small 0.05% expense ratio. Most brokers will have a set of funds that you can trade with no commission, though there will still be an expense fee charged by the fund. Read over the E*Trade fee schedule carefully."}
{"text": " \"It sounds like \"\"bonus shares\"\" are the same as a stock dividend. Stock dividends are equivalent to a stock split except for accounting treatment (good explanation here: http://www.accountingcoach.com/online-accounting-course/17Xpg05.html). As an investor, the only likely effect of a stock dividend is to make it more complex to keep track of cost basis and do your taxes. There's no economic effect, it's just rearranging accounting numbers.\""}
{"text": " Not entirely true.  Argentina walks away without the ability to get credit in the normal way, but with other (more expensive) avenues to get credit if needed.  However, they also no longer have to pay the bond debt, which frees up a fair amount of tax income to go to the things they were previously paying with debt.    Singer comes away with... nothing.  He's out the cost of purchasing the debt.  He's out the cost of litigating.  He actually came away with worse than nothing.  He lost bad."}
{"text": " \"As others have already pointed out, there is no monetary sensible reason to borrow at 5% cost to invest at 1% return. However, just because it doesn't make perfect sense financially doesn't mean it can't make sense for peace of mind. And you should not dismiss the peace of mind argument out of hand. Ignoring tax effects, credit score effects, cost of higher levels of insurance required, etc., and assuming a five year repayment plan, borrowing $15,000 at 5% will cost you about $283/month for a total cost of $16,980. 1% interest on the same $15,000 would give you about $12/month. In other words, your \"\"loan premium\"\" is $21/month (interest expense about $33/month on the car loan, reduced by interest earned $12/month on the retained savings) plus the capital repayment amount. If you were to take the money out of savings you would probably want to replenish that over a similar time period (ignoring interest, saving $15,000 in five years means $250/month), so this boils down to the $21/month interest premium. Now consider that the times when an emergency fund is most often needed are very often the times when banks will be reluctant to extend a loan (a job loss being a common example). While foreclosing on an existing loan can still happen, as long as you keep making payments, I suspect that most banks are far more willing to overlook the fact that you would not have qualified for the loan after the job loss. If a loss of income situation develops after you pay the car with your savings without a loan, you start out with $15,000 in the bank plus whatever \"\"car payments to yourself\"\" you have been able to save afterwards. Depending on when things turn bad for you, this could mean that you having only half of the savings that you used to, but of course you also have no car payment expense (which is the same as you do now). If a loss of income situation develops while you are still paying off the car, you start out with $30,000 in the bank instead of $15,000, but run the risk of having to make the car payments with money out of your savings. The net result of that is that your savings are potentially effectively reduced by whatever the remaining debt outstanding on the car is, which in turn is reduced over time. Even if you were not to actively save, your net financial situation becomes better over time. If a loss of income situation develops after you have paid off the car, you now own the car free and clear and still have $30,000 in the bank. Assuming that you would repay yourself on a schedule similar to that of a car loan if you took the $15,000 out of the bank instead, this is a very similar situation. Consequently, the important consideration becomes: Is it worth it to you to pay $21/month extra to have an extra $15,000 on hand if something happens to your financial situation? I have been in pretty much exactly the same situation, albeit with smaller amounts, and determined that having the cash on hand was worth the small additional interest expense, not the least of which because I was able to secure a loan at a pretty good interest rate and with no early repayment penalties. You may reach a different conclusion, and that's okay. But do consider it.\""}
{"text": " While this is absolutely true, the wealthy amongst us should do well to remember that you have to throw a healthy pile of scraps to the dogs or they may get hungry and bite the hand that used to feed them.  /I'm very interested in what may happen with tax reform, first time in my life I may actually benefit from something the govt does."}
{"text": " 1. Unfortunately it's pretty key to have *something*. School isn't that useful as a screening heuristic, especially for business majors, so 98.5% (approximately) of the value add comes from what you did while there/immediately after. I get the value in not wanting debt part but the world is what it is.   2. Go after the alumni network. Most schools have an internal job board. That can be something and it's a filtered environment.   3. You can try for an internship that's for juniors. Write a cover letter explaining your situation and why you think you'd still be a good candidate.   4. Other skills? VBA is nice. For an analyst in general my understanding is you need decent but not exceptional computer skills and rock solid Excel/research ability. Learn to write coherently and in a fact driven fashion since many, many people struggle with that.  5. Depending on your major, take a post-grad class or two in accounting/finance at a local university and talk to professors. They may have contacts and it could open doors."}
{"text": " The facet of this that I find most intriguing is that our media companies are much smaller than most corporations.   According to the lawsuit, BPI claims that they were caused $5.7 **billion** dollars in damages. It claims that they were seeing $650 million in annual revenue before the story.  The numbers are so huge that anyone causing any disruption to such a large corporate machine is something that cannot be repaid. Imagine if you caused that company a 1% decline in sales. That's $6.5 million. Can you pay restitution on that?  Our corporations are too large, and their power is too great. We need to break shit like this up."}
{"text": " Lol and a company spending more than they need to on labor is reality? Thanks for pointing me in the right direction. Ill be sure to run all future thoughts I have by you to ensure that fit into your 'reality'."}
{"text": " to find out how, please click the link above and read this post NOW! for sure you will learn a lot from it most especially on how you can get rid of errors in your annual credit report."}
{"text": " People used to afford 3 bedrooms home with 2.5 kids on minimum wage. That's what we're used to.  Of course humans are very adaptable, some could live with two bowls of rice before sleeping on the factory floor between their 16 hours shifts. On the other hands, some people think it would be a better idea to just eat the people who are capturing all the value of their labours."}
{"text": " This page and this page on the ATO website provide some information on tax rates. They're rather lengthy and there's a few exceptions, but essentially, your entire foreign income, even if held overseas, is taxable. Australians are taxed worldwide."}
{"text": " \"Manufacturers sometimes give incentives to car dealers to ensure that the prior year models are sold out before the year is up.  However, dealers are usually pretty smart on only ordering the cars they know they can sell before this happens.  Also, manufacturers are usually pretty good about only producing enough vehicles to cover demand.   Honestly, you aren't likely to see these incentives materialize unless the manufacturer really screwed up.   If that happens then three things occur.  First is that manufacturers give a hidden incentive to the dealers.  Dealers won't publicize this, even internally.  If the cars are still not moving after a month, then the dealers will tell the salespeople that those cars have a specific \"\"bonus\"\" on them.  If those cars still don't sell, then the bonus inflates quite a bit and dealers begin advertising that car at a deep discount on the radio.  It's pretty much guaranteed to sell at that point. Barring those circumstances, the deal you get on a brand new car, late in the model year, is likely to be the same you could have gotten early in the model year.   Honestly, if you want the best deal possible, look at the date of the inspection sticker on the car.  If it is close to the 3 month mark then the dealer will bend over backwards to sell the car as the finance costs are racking up on it.  They'll often sell that one at heavy discounts.\""}
{"text": " \"When a question is phrased this way, i.e. \"\"for tax purposes\"\" I'm compelled to advise - Don't let the tax tail wag the investing dog.  In theory, one can create a loss, up to the $3K, and take it against ordinary income. When sold, the gains may be long term and be at a lower rate. In reality, if you are out of the stock for the required 30 days, it will shoot up in price. If you double up, as LittleAdv correctly offers, it will drop over the 30 days and negate any benefit. The investing dog's water bowl is half full.\""}
{"text": " \"I mean, in the eyes of investors it is a good investment.  &gt; \"\"Demand for stock from fund managers exceeded supply by more than 29 times at that price, two people said.\"\"  They also have plantations in Malaysia and Indonesia, along with refining plants in China, Indonesia, Turkey, and South Africa. So it already has a stable foot hold in various economies.   Like I said, it's nice to see a business IPO that offers a tangible product with a relatively cheap IPO along with a chance to see much growth. You don't see many of these around nowadays.\""}
{"text": " I record the games, and start in them about an hour or so in.  I FF through the commercials and slow parts, and typically finish the recording a few minutes ahead of watching the recording.  That way I see the game before the smarties go on about the results and highlights."}
{"text": " Of course it is a scam.  They don't need your password to give you money. Even giving them the rest is enough information for them to try and withdraw money from your bank by automatic transfer."}
{"text": " That's not at all what I said.   I said regulation is inevitable. The question is, in whose favour we regulate? Employers, owners of capital, or workers.   Deregulation usually favours owners of capital and employers, and ends up concentrating wealth in the hands of the few. Because surprise surprise people would rather invest their money in something that just goes up in value rather than put all the effort into creating jobs or paying workers more. Since there are no laws to encourage them to do so."}
{"text": " Discussing the existence of a speakeasy is not the same as handing out a map with hand written annotations and directions to the speakeasy.  Note that I did not hand out addresses, names, or even discussed the type of content that one might find on a private torrent tracker.   I have just stated that they exist and wanted to point out that the fact that because they are not very commonly known about, clearly demonstrates that the members of said sites are (and can be) extremely discrete.  I agree that torrent sites require discretion to stay alive, however your post seems to indicates that you, perhaps, are not aware of the existing reality of extremely discrete, private, torrent trackers with extremely large content libraries and user bases. As such, in order to stop the dissemination of bad information to others (ie, that there is no way those could possibly exist!), I thought I would point out to those who may not be in the know, that there are indeed private, discrete torrent trackers that are safe and free."}
{"text": " I got a Capital One credit card because they don't charge a fee for transactions in foreign currencies. So I only use it when I travel abroad. At home, I use 3 different credit cards, each offering different types of rewards (cash back on gas, movies, restaurants, online shopping etc)."}
{"text": " [Here's a website](http://economyinperspective.com/jobs) that gives you a breakdown of how many jobs were created under each Presidential administration since WWII. 70% more jobs and more than twice as many private sector jobs were created during the eight terms a Democrat was President as during the *nine* terms a Republican was President."}
{"text": " It's the federal government that is blocking progress on this:  &gt; [The federal government regards marijuana as an illegal drug; it is classified by the Drug Enforcement Administration as a controlled substance with no accepted medical use, on par with heroin. Banks are regulated by the feds; most will not touch cannabis cash. \\(Neither will most armored car companies.\\) &gt; ](http://www.latimes.com/local/abcarian/la-me-abcarian-cannabis-cash-20170129-story.html)  At any rate, I don't necessarily see Las Vegas' marijuana reputation becoming anything near that of Amsterdam's. Marijuana is tolerated and sold openly specifically in Amsterdam (laws vary elsewhere in the Netherlands as far as I know), whereas many states in the USA have legalized marijuana and more will continue to do so. Rather than tourists who go to Europe picking Amsterdam for marijuana, tourists coming to the USA might pick Boston, Seattle, Las Vegas, San Francisco, Portland, etc.."}
{"text": " A great deal of the money was made abroad.  I imagine they paid some tax in those respective countries.  I heard that they and other large Co's were trying to get a deal bring the money home. If they did they would be taxed again."}
{"text": " Fuck here in Europe (Vienna) people hardly even heard of teleworking... I would so love to telecommute twice a week, it would feel a lot less like working. What is a good excuse for this? Married without kids at the moment, living not too far (subway)."}
{"text": " &gt; And here is an example that I am sure you will be thrilled about: eminent domain. It almost always sucks for the land owner, but if done right can benefit society at large greatly.  Eminent domain is unnecessary to build roads and other infrastructure.  You are willing to participate in an unethical act just because it is convenient to a powerful few?"}
{"text": " I feel like no one really has he right to step in and ask me what I'm spending my own money on and why Well, yes - the bank do, and they are legally required to. It's for legal purposes and for your own protection. The bank are looking for money laundering, generally. You can't withdraw more than $10,000 cash without the bank having to report it; however, if you ask for $10,000, the bank tell you that they have to report it, and so you reduce your request to (say) $9,500, the bank will still report it - with a note on the report saying that you initially requested a higher limit. They also check spending patterns. If for the last six months you've withdrawn $1,000 in cash each month, but for the last four days you've asked for $5,000 each time, then they'll ask what the money is being used for, in case you're being defrauded. Your question implies that the 'financial people' are asking for the money in cash. If so, then that's a big (BIG!) red flag. No reputable company would ask for deposits that cannot be traced. In this case, I'd be looking for other 'financial advisors'. Interview several, not just the ones used by your friends and/or relatives. And if you don't understand an investment completely, then you shouldn't be making that investment. Your advisor would not be risking their OWN money on it, would they..."}
{"text": " I can't quite follow your question, so I'm proceeding under the following assumptions: - You paid \u00a331,000 - Your partner paid \u00a34,242 - You have at least one mortgage, which you both pay equally. If the relationship terminates, sell the property. You are reimbursed \u00a331,000 and your partner is reimbursed \u00a34,242. Any remaining proceeds from the sale are split 50-50. If the result is a net loss (i.e. you are underwater on your mortgage), you split the debt 50-50. If you are not both paying the same toward the mortgage, I'd split the profit or loss according to how much you each pay toward the mortgage. Of course, this is not the only possible way you can split things up. You can use pretty much any way you both think is fair. For example, maybe you should get more benefits from a profit because you contributed more up-front. The key thing, though, is that you must both agree in writing, in advance. This is reasonable; this is what I did, for example. Note that if the relationship ends, one or the other of you may wish to keep the property. I'd suggest including a clause in your written agreement simply disallowing this; specify criteria to force a sale. But I know lots of people are happy to allow this. They treat that situation as a forced sale from both people to one person. For example, if your partner chooses to stay in the house, he or she must buy the property from you at prevailing market rates."}
{"text": " Data. The panel consists of executives from PayPal, Credit Suisse, WorldQuant, &amp; SoFi and they essentially discuss how quantitative data is becoming more and more critical in the space of finance. They discuss the declining need for human capital and the use of automation (floors and floors of traders vs. floors and floors of servers)."}
{"text": " Shares are partial ownership of the company. A company can issue (not create) more of the shares it owns at any time, to anyone, at any price -- subject to antitrust and similar regulations. If they wanted to, for example, flat-out give 10% of their retained interest to charity, they could do so. It shouldn't substantially affect the stock's trading for others unless there's a completely irrational demand for shares."}
{"text": " Brokerage firms are required to report the number of shares being shorted.  This information is reported to the exchange (NYSE of NASDAQ) and is made public.  Most financial sites indicate the number of shares being shorted for a particular stock.  The image below from Yahoo finance shows 3.29 million shares of CMG were being shorted at the close of 9-28-2012.  This is over 12% of the total outstanding shares of CMG.  For naked short selling additional information is tracked.  If the brokerage is unable to borrow shares to deliver before the settlement date of a short sale then the transaction is recorded as fails-to-deliver.  No money or shares are exchanged since the brokerage is unable to deliver the shares that were agreed upon.  A large amount of fails-to-deliver transactions for a stock usually indicates an excessive amount of naked shorting.  When investors and brokerage firms start to aggressively short a stock they will do so without having borrowed the shares to sell.  This will result in a large amount of naked short selling.  When there are a large number of naked short sellers not all the sellers will be able to borrow the necessary shares before the settlement date and many fails-to-deliver transactions will be recorded. The SEC records the number of fails-to-deliver transactions. The table below summarizes the fails-to-deliver transactions from 1-1-2012 through 9-14-2012 (data obtained from here). The \u201cExt Amount\u201d column shows the total dollar value of the transactions that failed ( i.e. Fail Qty * Share price ).  The \u201cVolume\u201d column is the total number of shares traded in the same time period.  The \u201c% Volume\u201d shows the percentage of shares that failed to deliver as a percentage of the total market volume. The table orders the data in descending order by the quantity of shares that were not delivered.  Most of the companies at the top of the list no longer exist.  For many of these companies, the quantity of shares that failed to deliver where many multiples of the number of shares traded during the same time period.  This indicates massive naked short selling as many brokerages where unable to find shares to borrow before the settlement date. More information here."}
{"text": " The credit limit is not going to be the problem; the daily spending limit is more likely be tripped first. I'm not a lawyer but if you are not responsible for the credit card details being leaked it is very unlikely that the bank will be able to charge you for fraudulent spending on the card. The important thing is to notify the bank as soon as possible once you realize there is a problem and if practical keep evidence of that notification, it will then be the banks problem to fix. From my understanding Singapore has relatively good consumer protection and it is unlikely the bank will get very far even if they try to charge you."}
{"text": " \"In layman's terms, oil on the commodities market has a \"\"spot price\"\" and a \"\"future price\"\". The spot price is what the last guy paid to buy a barrel of oil right now (and thus a pretty good indicator of what you'll have to pay). The futures price is what the last guy paid for a \"\"futures contract\"\", where they agreed to buy a barrel of oil for $X at some point in the future. Futures contracts are a form of hedging; a futures contract is usually sold at a price somewhere between the current spot price and the true expected future spot price; the buyer saves money versus paying the spot price, while the seller still makes a profit. But, the buyer of a futures contract is basically betting that the spot price as of delivery will be higher, while the seller is betting it will be lower. Futures contracts are available for a wide variety of acceptable future dates, and form a curve when plotted on a graph that will trend in one direction or the other. Now, as Chad said, oil companies basically get their cut no matter what. Oil stocks are generally a good long-term bet. As far as the best short-term time to buy in to an oil stock, look for very short windows when the spot and near-future price of gasoline is trending downward but oil is still on the uptick. During those times, the oil companies are paying their existing (high) contracts for oil, but when the spot price is low it affects futures prices, which will affect the oil companies' margins. Day traders will see that, squawk \"\"the sky is falling\"\" and sell off, driving the price down temporarily. That's when you buy in. Pretty much the only other time an oil stock is a guaranteed win is when the entire market takes a swan dive and then bottoms out. Oil has such a built-in demand, for the foreseeable future, that regardless of how bad it gets you WILL make money on an oil stock. So, when the entire market's in a panic and everyone's heading for gold, T-debt etc, buy the major oil stocks across the spectrum. Even if one stock tanks, chances are really good that another company will see that and offer a buyout, jacking the bought company's stock (which you then sell and reinvest the cash into the buying company, which will have taken a hit on the news due to the huge drop in working capital). Of course, the one thing to watch for in the headlines is any news that renewables have become much more attractive than oil. You wait; in the next few decades some enterprising individual will invent a super-efficient solar cell that provides all the power a real, practical car will ever need, and that is simultaneously integrated into wind farms making oil/gas plants passe. When that happens oil will be a thing of the past.\""}
{"text": " Do volunteer organizations seek people with math skills? I've honestly never paid much attention to volunteer work beyond recycling programs, so I never thought much about the subject. It could be pretty cool if I can volunteer somewhere for that field, though."}
{"text": " These Japanese devices are known as the shonishin and they are not embedded into the body but rather kneaded to fortify the skin meridians. The instruments utilized for the different needle therapy can be silver, gold, and stainless steel and copper they can be cleaned disinfected and reused."}
{"text": " I don't understand how this gets propped up on reddit all the time. Before a candidate works at a job, he and his employer reach an agreement on what the pay will be. If the candidate doesn't agree, he doesn't work there.   If the minimum wage was $0, and an employer advertised a wage of a penny an hour, no one would take that job which forces the employer to go without an employee, or the employer increases the compensation to entice candidates to apply.  If a candidate agrees to work for whatever pay is mutually agreed upon, where is the harm?"}
{"text": " Absolutely anyone who wants to put money into a stranger's account is a guaranteed scammer and most likely from Nigeria in reality. I know you probably felt like it was your lucky day but in fact it could have been your unluckiest day had you not asked on here, so good on you man. Whenever you're not sure about something just ask, that's what the internet is for, someone's always willing to help."}
{"text": " &gt; I simply stated that the only way to control prices across a community is through central authority.  Why control prices when we can change incomes?  You're looking at it the wrong way.  Why can't people afford decent homes, medical care, education?  Perhaps it's because the fruit of their labor is being exploited, taken from them and transferred unjustly to the upper class."}
{"text": " What you want is a cashless transaction. It's part of the normal process. My employer gives me 1000 options at $1, I never need to come up with the money, the shares are bought and sold in one set of transactions, and if the stock is worth $10, I see $9000 less tax withholding, hit the account. No need for me to come up with that $1000."}
{"text": " \"Thanks for your reply. I think a lot of people are confused when talking about ownership, and I think it is a definitional issue.   When a company issues stock (the first time or anytime), what they are doing is \"\"selling\"\" the right to a percentage of the dividend. They are not actually selling parts of the company to you. Everyone thinks this way though, and that has to do with the Chicago School economists who perpetuated their ideas of ownership which is what everyone know thinks is the case. This way of thinking about corporations and ownership is just wrong (not ethically), just erroneous.   As I stated before, Lynn Stout of Cornell University explains this really well. I would encourage anyone to read more about it.\""}
{"text": " Honestly I'm not sure what to expect since I've never been. The other guys have told me that they spent all day, everyday there and didn't see it all.  I'd honestly like to find something within electric vehicles like ev chargers, 3D Printing, some new  type of mobile phone integration.   I have a desire to go real big when finding potential opportunities, but I'm also expecting to mostly find smaller/less scalable opportunities that will allow us to build a portfolio of businesses."}
{"text": " I'd have anything you would need for maybe 3-6 months stored up: food, fuel, toiletries, other incidentals.  What might replace the currency after the Euro collapses will be the least of your concerns when it does collapse."}
{"text": " \"This is the best tl;dr I could make, [original](https://techcrunch.com/2017/07/26/amazon-prime-now-launches-in-singapore-its-first-market-in-southeast-asia/) reduced by 67%. (I'm a bot) ***** &gt; The Amazon apps went live in Singapore early last night local time, and Prime Now - an aggressive two-hour delivery service - is available to Singapore&amp;#039;s population of more than five million people from today.  &gt; The launch includes &amp;quot;Tens of thousands of items&amp;quot; but it isn&amp;#039;t the full Prime offering, which Amazon said will be available &amp;quot;Soon&amp;quot; in Singapore.  &gt; &amp;quot;This is the first time we&amp;#039;re offering Prime Now to an entire country. Singapore allows us to launch to the whole country at the same time, but when you look at the Singapore consumer, at Singapore - it being urban, a great metropolitan city, people are very tech-savvy, it makes a great match with the Prime Now value proposition,&amp;quot; Henry Low, who is Amazon&amp;#039;s Director of Prime Now in Asia Pacific, told CNET in an interview.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6q163k/amazon_prime_now_launches_in_singapore_its_first/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~177470 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*: **Amazon**^#1 **Singapore**^#2 **Prime**^#3 **service**^#4 **back**^#5\""}
{"text": " Of course you can transfer it, and it will be legal. There's no taxes on transferring your own money. There's income tax on gains you realized by selling the property, but that is money you already owe, it doesn't matter where the proceeds are. It also doesn't matter how you acquired the property (except for figuring out your basis). What matters is that you had gains, and these gains are taxable in the US. You need to figure out the value of the property when your father bought it, and that is your basis. The difference between what you sold it for and that basis is your taxable gain, and you already owe taxes on that gain."}
{"text": " With Mint you are without a doubt telling a third party your username and password.  If mint gets compromised, or hires a bad actor, technically there isn't anything to stop shenanigans.  You simply must be vigilant and be aware of your rights and the legal protections you have against fraud. For all the technical expertise and careful security they put in place, we the customers have to know that there is not, nor will there ever be, a perfectly secure system. The trade off is what you can do for the increased risk.  And when taken into the picture of all the Other* ways you banking information is exposed, and how little you can do about it, mint.com is only a minor increase in risk in my opinion. *See paypal, a check's routing numbers, any e-commerce site you shop at, every bank that has an online facing system, your HR dept's direct deposit and every time you swipe your debit / credit card somewhere. These are all technically risks, some of which are beyond your control to change.  Short of keeping your money in your mattress you can't avoid risk.  (And then your mattress catches fire.)"}
{"text": " The two banks involved may have different policies about honoring the check. It might not be written on the check.  Your bank may decide that the stale check has to be treated differently and will withhold funds for a longer period of time before giving you access to the money. They will give time for the first bank to refuse to honor the check. They may be concerned about insufficient funds, the age of the check, and the fact that the original account could have been closed. If you are concerned about the age of the check. You could go to your bank in person, instead of using deposit by ATM, scanner, or smart phone. This allows you to talk to a knowledgeable person. And if they are going to treat the check differently or reject the check, they can let you know right away. The audit may not have been concerned about the fact that the check hadn't been cashed because when they did the audit the check was still considered fresh. Some companies will contact you eventually to reissue the check so you they can get the liability off their books.  If the bank does refuse the check contact the company to see how you can get a replacement check issued. They may want proof the check can't be cashed so they don't have to worry about paying you twice."}
{"text": " &gt; What is your background? Whats your job? College? That sort of thing... So I know who I am talking to.  Really? It wouldn't be so you can make ad hominem attacks would it? anyway, if you can't argue on the internet, give up."}
{"text": " C\u00e0 Gai Leo Sadu s\u1ea3n ph\u1ea9m \u0111\u01b0\u1ee3c s\u1ea3n xu\u1ea5t b\u1edfi c\u00f4ng ty C\u00f4ng ngh\u1ec7 cao Th\u0103ng Long. Hi\u1ec7n t\u1ea1i C\u00e0 Gai Leo Sadu \u0111ang ph\u00e2n ph\u1ed1i nh\u1eefng s\u1ea3n ph\u1ea9m ch\u00ednh nh\u01b0: Cao C\u00e0 Gai Leo Sadu, C\u00e0 Gai Leo Ho\u00e0 Tan Sadu, C\u00e0 Gai Leo Tr\u00e0 T\u00fai L\u1ecdc Sadu, C\u00e0 Gai Leo Kh\u00f4 Sadu. V\u1edbi quy tr\u00ecnh s\u1ea3n xu\u1ea5t kh\u00e9p k\u00edn \u0111\u1ea1t ti\u00eau chu\u1ea9n d\u01b0\u1ee3c ph\u1ea9m s\u1ea1ch c\u00f9ng c\u00f4ng ngh\u1ec7 ti\u00ean ti\u1ebfn. S\u1ea3n ph\u1ea9m c\u00e0 gai leo Sadu \u0111ang \u0111\u1ea1t m\u1ee9c d\u01b0\u1ee3c t\u00ednh t\u1eeb 0,2-0,273 m\u1ee9c d\u01b0\u1ee3c t\u00ednh cao nh\u1ea5t hi\u1ec7n nay. M\u1ecdi th\u00f4ng tin li\u00ean h\u1ec7 mua C\u00e0 Gai Leo h\u1ed7 tr\u1ee3 \u0111i\u1ec1u tr\u1ecb b\u1ec7nh v\u1ec1 Gan xin theo email: info@cagaileosadu.com.vn."}
{"text": " Here's what I'd do: Pay off the cards and medical. Deposit 35k in the best interest bearing accounts you can find (maybe some sort of ladder).  Link your student loans payments to this account. This frees up $486 a month in income, and generates a small amount of interest at the same time. Now, set up some sort of retirement account.  Put $400 a month in it. This leaves you with $86 a month to use as you please. You still have $10 000 cash, out of which you could buy an inexpensive used car, and bank some as emergency funds."}
{"text": " As a follow-up, I ended up buying:    * Financial Modeling and Valuation: A Practical Guide to Investment Banking and Private Equity (Pignataro, Paul; Hardcover)     * Mergers, Acquisitions, Divestitures, and Other Restructurings, + Website (Pignataro, Paul; Hardcover)     * The Essential CFO: A Corporate Finance Playbook (Nolop, Bruce P.; Paperback)"}
{"text": " Why do you say that? If we look at that region as a whole it would make sense considering their data center and web services center are in nearby Ashburn and Herndon respectively.  Also, Fairfax County and Loudoun County are co-bidding to have HQ2 use the CIT Building campus and the immediate surrounding area."}
{"text": " With InteractiveBrokers there is no minimum trade amount, they also offer Australian Equities."}
{"text": " The answer is very simple. Part of the luxury is having the cutting edge technology with the very latest features. The price premium is not just from increased build quality; it's simply a perception. Additionally, 10 years takes its toll on a car. The smooth suspension gets rougher over time, and all the little features start to break down. Part of the price of that car factors in the expense of expected repairs. That's true of every car, but the repairs are more expensive when there are lots of gadgets to break down, especially on imports."}
{"text": " Cheaper and faster are usually mutually exclusive. If you want faster, nothing is faster than cash.  I would recommend using an ATM to withdraw cash from your USD account as Florints and then use as appropriate. If you want cheaper, then the cheapest currency conversion commonly available is foreign exchange / transfer services like OFX / XE Trade / Transferwise.  Turn around time on these can be as little as a business day or two but more commonly takes a few business days, but they typically offer the best currency exchange rates at the lowest cost.  If you must make regular payments to 3rd parties, you can set these services up to send the converted currency to a 3rd party rather than back to your own account."}
{"text": " \"It's almost as if you're *completely* wrong.   Tell me what Citibank has anything to do with JP Morgan.   Tell me again how JP Morgan is responsible for CDO's and MBS's.   Tell me again how JP Morgan cost the tax payers money.  Tell me again how investment banks made investments based on the premise of \"\"taxpayers will cover it\"\"   Tell me again how JP Morgan gambled and needed to be bailed out.  Tell me how the TARP cost taxpayers even a cent.   Amazing how someone can have such strong feelings about something they have 0 knowledge of. Educate yourself moron.\""}
{"text": " Probably a big fat NO. Update re this edit: NOTE: I'm not suggesting that I melt the coins. I'm just suggesting that I hold onto the nickels and sell them later when they are worth more than 5 cents. For example, you can sell coins with silver in them for far above their face value. This is silly as an investment.  Right up there with stockpiling cars. :)   The increase in value will likely never be enough to make the cost/hassle of storage worth it.  As MrChrister states, it is a fine idea as a collection, but not as a stockpile. Edit (from the comments): I am surprised I did not latch onto this in the previous update.  Silver is considered a previous metal, nickel and copper are not.  BTW, the U.S. nickel is 25% nickel and 75% copper. Also, how in the world do you plan on actually selling a stockpile of nickels?"}
{"text": " \"I think the issue you are having is that the option value is not a \"\"flow\"\" but rather a liability that changes value over time. It is best to illustrate with a balance sheet. The $33 dollars would be the premium net of expense that you would receive from your brokerage for having shorted the options. This would be your asset. The liability is the right for the option owner (the person you sold it to) to exercise and purchase stock at a fixed price. At the moment you sold it, the \"\"Marked To Market\"\" (MTM) value of that option is $40. Hence you are at a net account value of $33-$40= $-7 which is the commission. Over time, as the price of that option changes the value of your account is simply $33 - 2*(option price)*(100) since each option contract is for 100 shares. In your example above, this implies that the option price is 20 cents. So if I were to redo the chart it would look like this If the next day the option value goes to 21 cents, your liability would now be 2*(0.21)*(100) = $42 dollars. In a sense, 2 dollars have been \"\"debited\"\" from your account to cover your potential liability. Since you also own the stock there will be a credit from that line item (not shown). At the expiry of your option, since you are selling covered calls, if you were to be exercised on, the loss on the option and the gain on the shares you own will net off. The final cost basis of the shares you sold will be adjusted by the premium you've received. You will simply be selling your shares at strike + premium per share (0.20 cents in this example)\""}
{"text": " sure it is  they are saving on distribution  and paper costs  so they pass the savings onto you with increased costs.  so what it is a joy to read.  thats also a little less than half the price of my cable.  thats retarded."}
{"text": " Despite what the article discusses, I personally have gone to McDonald's less and less because their service and quality seems to be getting worse.  I think they need to retrain their staff.  How is it I order two double cheese burgers and I get a McNuggets and a fish sandwich?  Or I order a chocolate milkshake and get a vanilla one with one swirl of chocolate in it.  :("}
{"text": " When the government controls your education, you only learn what the government wants you to learn, and your attitudes towards conflicting information can be taught to you and reinforced for more than a decade, during your most impressionable time. There is a REASON the government wants to raise you, and not your parents."}
{"text": " I want to encourage diversity in means of producing goods so I organised subcategories by the means necessary to produce said goods, I organised categories by the same types of items that are all in a similar price range than each other, the randomiser will pick an item of the same category but of a different subcategory. (yogurt and cheese are in the same category, and same subcategory because the means of production is the same, so price change of one won't affect the economy as much)"}
{"text": " Their new customizations look really nice. Just a couple little launcher tweaks (that actually look pretty nice) and the rest of Android left the hell alone. If the new Nexus wasn't right around the corner, I'd be taking a serious look at the new Motorola phones."}
{"text": " From Schwab -  What are the eligibility requirements for a business to establish a SEP-IRA? Almost any type of business is eligible to establish a SEP-IRA, from self-employed individuals to multi-person corporations (including sole proprietors, partnerships, S and C corporations, and limited liability companies [LLCs]), tax-exempt organizations, and government agencies. What are the contribution limits? You may contribute up to 25% of compensation (20% if you\u2019re self-employed3) or $49,000 for 2011 and $50,000 for 2012, whichever is less. If we set the PC aside, you and the son have an LLC renting office space, this addresses the ability of the LLC to offer the retirement account."}
{"text": " I like Nathan's answer some, but am horribly curious as to why you have not made payments on a $3500 student loan?  If you are wealthy enough to afford a new car, this should be paid off next week.  IMHO. Above all else your financial goals should dictate if you buy a new car.  What are they for you?  If the goal is to build wealthy quickly then Nathan's advice may be to unfrugal for you.   If your goal is to impress people with the car you drive and accumulate very little real wealth then purchasing or leasing a car should be a top priority. So to answer your question correctly one must understand your goals.   For 2016, the average car payment is $479 per month.  If you invested that in a decent growth stock mutual fund in 40 years you'll have around 2.6 million.  However, you do need something to drive now.  If you can cut your car expense to $200 per month, and save the other $279 you will still end up with about 1.5 million in that same 40 years.   Personally I attempt to shoot for $200 ownership cost per car per month.  Its a bit difficult as I drive a lot.  Also I would not purchase a new car until my net worth exceeded 2 million.  At that point my investments could mitigate the steep depreciation costs of owning a new car."}
{"text": " Thanks! Your earlier comment had me panicked there!  I have worked about 1700 question over the last week from the Qbank, and was hoping that it would with a couple mock exams, would be sufficient for level 1."}
{"text": " \"As others have said, if the dealer accepted payment and signed over ownership of the vehicle, that's a completed transaction. While there may or may not be a \"\"cooling-off period\"\" in your local laws, those protect the purchaser, not (as far as I know) the seller. The auto dealer could have avoided this by selling for a fixed price. Instead, they chose to negotiate every sale. Having done so, it's entirely their responsibility to check that they are happy with their final agreement. Failing to do so is going to cost someone their commission on the sale, but that's not the buyer's responsibility. They certainly wouldn't let you off the hook if the final price was higher than you had previously agreed to. He who lives by the fine print shall die by the fine print. This is one of the reasons there is huge turnover in auto sales staff; few of them are really good at the job. If you want to be kind to the guy you could give him the chance to sell you something else. Or perhaps even offer him a $100 tip. But assuming the description is correct, and assuming local law doesn't say otherwise (if in any doubt, ask a lawyer!!!), I don't think you have any remaining obligation toward them On the other hand, depending on how they react to this statement, you might want to avoid their service department, just in case someone is unreasonably stupid and tries to make up the difference that was.\""}
{"text": " Good point. It is extremely rare that something does go awry, and in the case of exports (where the units are delivered flat packed for self assembly) chances are it would be a mistake made by the person installing the shed (whether a local carpenter or the client themselves) which we would not cover under warranty unless a manufacturing or material fault was found. As all our units are put together in the workshop and checked this is unlikely."}
{"text": " &gt; their ad-block / \u201cquote of the day\u201d screen is so toxic and poorly designed it\u2019s unbelievable.  This really shocked me. If you want to force me to look at an ad before I get to the content I can see the commercial rationale behind it. But that quote? Thrashy, pseudo-intellectual bullshit wasting my time. WTF?"}
{"text": " I work for a mortgage company but one that sells the loans we fund to banks. I've never heard of that risk mitigation incentive (lower rate for auto payments) but I know for a fact you will have a higher interest rate if you choose to pay your taxes and insurance out of your own pocket and not escrow them. I would contact the CFPB instead of an attorney and they will be able to tell you very quickly whether this is an acceptable practice or not."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.usatoday.com/story/money/2017/10/06/hurricanes-batter-payrolls-33-000-jobs-lost-sept/737990001/) reduced by 87%. (I'm a bot) ***** &gt; The unemployment rate, which is calculated from a different survey than the headline job totals, edged lower because gains in the number of people employed outpaced an increase in the labor force, which includes people working and looking for jobs.  &gt; The drop in unemployment likely means it will become even tougher for employers to find job candidates, forcing them to raise pay more substantially and juicing inflation that has been persistently sluggish.  &gt; Hurricane Harvey barreled into the Houston area in late August and Irma lashed Florida in early September, shutting down many businesses and making it difficult for workers to travel to job sites.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/74oszb/hurricanes_blamed_as_33000_jobs_lost_in_september/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~223354 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*: **job**^#1 **work**^#2 **Unemployment**^#3 **year**^#4 **rate**^#5\""}
{"text": " That's a good point. What I should say is that PF doesn't lose money on each gym user the way Moviepass does. My understanding is that Moviepass gets a flat subscription fee from each user per month and then, whenever a user wants to buy a movie ticket, Moviepass go out and purchase the movie ticket at full market value (the same price that the customer would pay if they just went to the theater and bought one). For example, if a user pays $10 a month for a pass and decide to see two movies in that month, they've already lost money on that customer. And two movies in one month isn't really crazy for some of the people who go enough that a monthly pass makes sense.  And all this is assuming that ticket prices are lower than the subscription fee; where I live, the ticket prices are actually a little bit higher. If Moviepass was here even *one* movie would make me an unprofitable customer for them (looking just at subscriptions, of course).  The data analytics play is the only viable strategy I can imagine for this. I understand that certain business models rely on overbooking, but I can't think of one where each customer that uses the service actually loses the business money."}
{"text": " \"This is the best tl;dr I could make, [original](http://betterfuture.xyz/2017/10/07/why-the-penny-must-die/) reduced by 88%. (I'm a bot) ***** &gt; The United States Mint admitted that, &amp;quot;There are no alternative metal compositions that reduce the manufacturing unit cost of the penny below its face value.&amp;quot; Thus, unless they were to be made out of plastic, the penny will always cost more to produce than they are worth; yet, the U.S. Mint continues to manufacture 4 billion pennies each year.  &gt; The penny lobby &amp;quot;America For Common Cents&amp;quot; argue that without the penny, prices would rise and charitable contributions will fall.  &gt; At the time when Sweden removed the 50 &amp;ouml;re, it was worth approximately 5 cents - mayhap we should look into getting rid of more than just the penny.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/75ad2p/it_costs_18_cent_to_manufacture_each_penny_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~224964 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*: **penny**^#1 **cost**^#2 **removed**^#3 **worth**^#4 **even**^#5\""}
{"text": " Russia main reserve is Euro, Gold and Yuan. They have dumped good sums of dollar since way back. The rest of oil buyers would gladly pay russians in whatever currency they want, specially if it is non dollar. Cheap oil on cheaper currency?  Who doesn't want that?  The chinese pay their oil in Yuan. Russian gladly takes Yuan, since its the most liquid currency in pacific, not to mention china is their no.1 trading partner."}
{"text": " Supplier of Quartz Powder in India http://quartzpowdermanufacturers.com/supplier-of-quartz-powder-in-india.php Shri Vinayak Industries is a prominent supplier and Manufacturer of Quartz Powder in India. Quartz is the most common mineral which is composed of silicon and oxygen and its chemical composition is silicon dioxide, SiO2. It is chief component of igneous, sedimentary and metamorphic rocks. Quartz is very durable and its durability makes it most commanding mineral. Its size varies from small particles to metric ton. Quartz Stone in its pure form is colorless, but generally it is colored by impurities."}
{"text": " There are two separate cases here that people are not separating. Any card will allow you to pay an amount not exceeding the actually posted charges.  Some cards will allow you to pay more than this, some will not.  My parents have deliberately overpaid as a means of having a higher credit limit, I've been denied (different card) when trying to do the same thing and the website wouldn't even allow me to pay temporary charges that hadn't yet become real.  (A human operator would allow paying those, though.)"}
{"text": " \"First of all, metals are commodities. So if you're phrasing that as metals and/or commodities, then that's poorly worded. If you're phrasing that as \"\"metal commodity reports\"\" then say as such.   Second, and more importantly: what commodities? Power is very different than coffee. Different places specialize in different things, all banks are good in some and weak in others. There's no generic \"\"commodity\"\" market but rather a huge range of specifically different products traded in the future.You learn more than a small fraction of this universe so pick one or two specific products from the macro buckets (i.e. energy, grains, metals) and focus on those.\""}
{"text": " We can go back and forth all day if this should be illegal, should there be qualifications, standards etc. The bigger issue at hand really is what qualifies as being able to live a basic standard of living in regards to income. Can we even define this? This is the core of the issue at hand. Does someone who was making 40k a year deserve it more or less than someone who was making 1mil a year? I don't know. I do know this, if i can make 100k a year and still live a great life with the ability to save enough to have enough stashed away for 6-8 mos of unemployment, why can't people making 1 million+? It should be rather apparent why people making 40k a year can't  do that as easy."}
{"text": " I mean some people are trying to climb  in the caste system; Others are pushing down trying to prevent those people from climbing up and joining them. India is a very complex socioeconomic landscape.  Currently, Indian IT workers will quit as soon as they find a better offer having produced little in the current/previous role. These are the social climbers. Those that are trying to prevent the lower castes (who have affirmative action benefits) from having the same opportunities because this makes their own livelihood more competitive.  They must now complete harder where before it was easy to get a managerial position for them. Much like racism in the US."}
{"text": " No.  1)  Everyone should cultivate the ability to see the ridiculous in themselves and in their situation.  2)  When you properly verify information, the original source no longer matters  3)  There is no Media I feel I can trust right now, so I might as well indulge in Media I enjoy.  I just need to verify information before I act on it."}
{"text": " \"Just came across [this Economist](http://www.economist.com/news/leaders/21608751-restricting-companies-moving-abroad-no-substitute-corporate-tax-reform-how-stop) article, they make it sound quite straight forward and I don't think they can be called totalitarian leftists by any stretch.  Here is the money quote.  &gt; America\u2019s corporate tax has two horrible flaws. The first is the tax rate, which at 35% is the highest among the 34 mostly rich-country members of the OECD. Yet it raises less revenue than the OECD average thanks to myriad loopholes and tax breaks aimed at everything from machinery investment to NASCAR race tracks. Last year these breaks cost $150 billion in forgone revenue, more than half of what America collected in total corporate taxes. &gt;  &gt; The second flaw is that America levies tax on a company\u2019s income no matter where in the world it is earned. In contrast, every other large rich country taxes only income earned within its borders. Here, too, America\u2019s system is absurdly ineffective at collecting money. Firms do not have to pay tax on foreign profits until they bring them back home. Not surprisingly, many do not: American multinationals have some $2 trillion sitting on their foreign units\u2019 balance-sheets, and growing.   It seems clear that the 35% rate is not the driving reason for these huge companies doing inversions. That 35% rate should almost certainly be cut down, but the loopholes and tax breaks need to stop as a condition of a rate cut.   Clearly this is not a dead simple issue, but I just don't want to hear the silly argument of \"\"oh our poor mega corporations are having to pay the highest taxes in the world!\"\" when the tax environment in the US is clearly rigged in their favor. Small and mid sized companies that can't afford their own Congressman sure are getting fucked though, and that makes me sad.\""}
{"text": " Jannat Al Quran is a unique Islamic Online Institute. It is a non-profit organisation registered in the UK.  Our teachers are native Arabic Egyptian teachers who are dedicated to helping students of all ages and levels learn Quran online. No matter where you are around the globe we welcome you to start your learning journey with us. Please visit our website to know more about our Quran classes and offers."}
{"text": " Their paperwork should help you along.  Schwab is the broker and custodian, you are the administrator.  There's virtually no paperwork after the account is opened, until you hit $250K in value, and then there's one extra IRS form you need to fill out each year.  See One-Participant 401(k) Plans for a good IRS description of form 5500. Disclosure - I use the Schwab Solo 401(k) myself, and the only downsides, in my opinion, the don't offer a Roth flavor, and no loans are permitted. Both of these features would offer flexibility."}
{"text": " \"Say you need to use Einstein's field equations at work. If your job is to find the \"\"one equation to rule them all\"\" than you should ask questions concerning the validity of the equations and try to unify them in the quantum realm. But like most of us, if your job is find tune the many knobs that govern the output, you don't need to use math beyond what is already packaged in libraries. You still need to know what the equations are and what they do, but your interaction with them on a daily basis is call function X on object Y.\""}
{"text": " **Doping in Russia**  Doping in Russian sports is a significant issue. Russia has had the most (37) Olympic medals stripped for doping violations \u2013 four times the number of the second country. From 2011 to 2015, more than a thousand Russian competitors in various sports, including summer, winter, and Paralympic sports, benefited from a cover-up.  Media attention began growing in December 2014 when German broadcaster ARD reported on state-sponsored doping in Russia, comparing it to doping in East Germany.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"text": " I wrote this in another thread but is also applicable here. In general people make some key mistakes with property: Not factoring in depreciation properly. Houses are perpetually falling down, and if you are renting them perpetually being trashed by the tenants as well - particularly in bad areas. Accurate depreciation costs can often run in the 5-20% range per year depending on the property/area. Add insurance to this as well or be prepared to lose the whole thing in a disaster. Related to 1), they take the index price of house price rises as something they can achieve, when in reality a lot of the house price 'rise' is just everyone having to spend a lot of money keeping them standing up. No investor can actually track a house price graph due to 1) so be careful to make reasonable assumptions about actual achievable future growth (in your example, they could well be lagging inflation/barely growing if you are not pricing in upkeep and depreciation properly). Failure to price in the huge transaction costs (often 5%+ per sale) and capital gains/other taxes (depends on the exact tax structure where you are). These add up very fast if you are buying and selling at all frequently. Costs in either time or fees to real estate rental agents. Having to fill, check, evict, fix and maintain rental properties is a lot more work than most people realise, and you either have to pay this in your own time or someone else\u2019s. Again, has to be factored in. Liquidity issues. Selling houses in down markets is very, very hard. They are not like stocks where they can be moved quickly. Houses can often sit on the market for years before sale if you are not prepared to take low prices. As the bank owns your house if you fail to pay the mortgage (rents collapse, loss of job etc) they can force you to fire sale it leaving you in a whole world of pain depending on the exact legal system (negative equity etc). These factors are generally correlated if you work in the same cities you are buying in so quite a lot of potential long tail risk if the regional economy collapses. Finally, if you\u2019re young they can tie you to areas where your earnings potential is limited. Renting can be immensely beneficial early on in a career as it gives you huge freedom to up sticks and leave fast when new opportunities arise. Locking yourself into 20 yr+ contracts/landlord activities when young can be hugely inhibiting to your earnings potential. Without more details on the exact legal framework, area, house type etc it\u2019s hard to give more specific advise, but in general you need a very large margin of safety with property due to all of the above, so if the numbers you\u2019re running are coming out close (and they are here), it\u2019s probably not worth it, and you\u2019re better of sticking with more hands off investments like stocks and bonds."}
{"text": " Agreed. I had a relatively fresh (five years old) Chap. 7 bankruptcy on my record when a potential employer ran a credit check prior to employment.   When I signed the form OKing the check, I told them what they'd find and said I was happy to explain it. I wrote a letter, they put it on file for the insurer (I needed to be bonded for this job -- I was co-signing six-figure checks) and it was fine."}
{"text": " Go to glassdoor.com &amp; do some research.  \u201cCorrupt Middle Management Not Noticed By Christian Owners \u201d         Current Employee - Senior Underwriter  in  Cincinnati, OH  Pros  Don't have to do much to get paid. Slackers are rewarded.  Cons   Middle and top management below the owners and their direct reports are corrupt. They violate the rules they make everyone else follow and look to pad their own pockets off of the profits earned by those below them. Notice that ONLY the Interns think this is a great company. Over the past 5 years, with the change in human resources management the company consistently lets go of top knowledge and top performers...who are over the age of 45. Advice to Management  Clean house, starting with top human resources leadership. Those at the top of human resources are incompetent. That's why you pay so much for consultants and nothing changes. Read the reviews - the benefits are not even comparable to what other companies offer. So much money is spent for consultants to do Total Rewards work. Top human resources leadership doesn't respect anyone, including the rest of the C-Suite and the owners themselves. Other executives are called names and their lack of political savvy is commented on in front of staff level employees regularly. They describe themselves as the puppet masters; guess who the puppets are? The owners are too good of a family, have done too much good for Cincinnati and have too good of a company to let these corrupt human resources leaders tarnish their good name and strong business.   Doesn't Recommend   Neutral Outlook   Tl;dr: Looks like interns get paid 15/hour, &amp; it'll be a good intro on how to deal with corrupt, conservative management."}
{"text": " \"&gt; They trick people into rigged contracts, which requires paying uber even if you quit. So your time spent making money at another job belongs to uber.  Can you link me to some info on this? This is bizarre.  &gt;What makes it \"\"sort of\"\" slavery is the foolishness of entering the contract.  lol\""}
{"text": " I just read this: Housing and inflation  Adjusted for inflation the price of a house has increased a miniscule amount. A better investment would be an ETF that buys REIT stocks. You would be investing in real estate but can cash in and walk away at any time.  Here is a list of mREITs: Stockchart of REITs"}
{"text": " I admit, in the long term there are a good number of kinks to work out, but in the end I want to see some system where people in general can seize the means to their own well being without stepping on one another.  The management corruptions you talked about is another reason why I prefer Worker-Co-ops to be the optimum form of issuing business, because its not just a few people in charge, it's a whole social group acting in unison.    When you discuss the mom-and-pop store having no suppliers, it would be good to promote some way of each money supply to have a share of each industry within it.  There are always some people in every trade looking for their next job.  They just have to find a supply where there trade is in demand.  The process is self feeding.  Next off, or course the mechanism of the system would work in a way that firm's can't just pay themselves with their own debt, they have to issue it to their creditors first, and even then it's practically impossible to accept your own debt as payment.  You would have to take some from a competitor at best.    What I've been trying to do is find some system where no one institution or no one alliance holds the keys to the definition of value.  If you have five to eight dictators fighting at once as opposed to one financial dictator who can oversee all, like the fed scenario you just described, It's more possible for people who are freer relatively to survive freely between the borders of these spheres of influence, as they can play each dictator off the other.  at least from your dialogue I can see you're one of those who gets what I'm trying to aim for.    Here's another idea I've explored with it, that's similar but may make the environment slightly different, so let me know what you think  what I call the Revolving Tax Window, where the government accepts different bondnotes, both in quantity and specific assortments of notes, in intervals of every business quarter, so that the demand for specific notes changes four times a year.  From January until the end of March they could accept Taxes in notes from Firms A,F,H, and T, and for April into June it could be just B and S, and so on.  The options for note issuing could be set on a list of firms registered with the SEC or whoever.   The combination for the quarter could be picked at random by a randomizing algorithm, so no firm could make a plan to be a market dictator, and a sense of dynamism is maintained in the economy.    Obviously, the more firms are properly registered on this list, the more combinations of monetary combinations you have, and the more power is distributed from too much control by anybody.    What you can do is choose whether or not you want there to be less or more notes in the next quarter, because just like fiscal policy and conventional monetary policy, the extremes have trade offs, but different ones; to few currencies, the economy may be stimulated, but you get market dictators via monetary oligopoly, even if temporary.  Too many, you avoid market dictators who will be more focused on getting a real return by investing in competing ventures based on what will actually return investment, but the economy may not be as stimulated.  What do you think of this structural alternative?  (One of the focal sources I've been building my economic policy on has been *Debt: The First 5,000 Years* by David Graeber, if anyone's familiar.)"}
{"text": " Blackhawk Mines Corp. to Commence Initial Work Program on Big Bear Mining Claims in San Bernardino C  OCALA, FLORIDA - JULY 21, 2011 (IMMEDIATE RELEASE) \u2013 Blackhawk Mines Corp., B06.F, WKN Number - A1H52M, ISIN Number - CA08265A1003, website - www.bentleyfairview.com is pleased to announce that the Big Bear Mining Claims initial work program will commence within the next three weeks. The work progr black hawk mines, blackhawk mines, blackhawk mines corp to commence initial work program on big bear mining claims in san bernardino county, california  by takkiosawa | Saved by 2 users | Feb 15, 2012  Black Hawk Mines Bulletin | Preservation and promotion of mining ghost towns.  Two of the biggest mining firms in the world, Rio Tinto PLC and BHP Billiton Ltd are teaming up to invest over USD 4 billion to boost their copper output, according to their announcement on Tuesday. Rio and BHP have staked their investment on a high copper demand worldwide as they approve plans for black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by mblackhawk | Saved by 2 users | May 2, 2012  Black Hawk Mining Articles | Preservation and promotion of mining ghost towns.  BLACK HAWK MINES: SMALL TOWN SUFFERS FROM GOLD HEIST Posted on May 2, 2012 by blackhawkmines 2 Votes Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by takkiosawa | Saved by 2 users | May 9, 2012  DSCR reacts to international conspiracy - NBC12.com-Richmond, VA News, Weather, Traffic &amp; Sports  CHESTERFIELD, VA (WWBT) - For the first time, the Commander at the Defense Supply Center of Richmond (DSCR) is speaking out about an international conspiracy that sent a serial fraudster to prison for life. Those involved say the scam could have put our troops in harms way had it not been caught by black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by takkiosawa | Saved by 2 users | May 9, 2012  blackhawk mines corp: About Gold  Gold is a dense, soft, shiny metal and the most malleable and ductile metal known. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a transition metal and a group 11 element. It is one of the black hawk mines, blackhawk mines corp: about gold  by dickwestwood | Saved by 1 users | Feb 15, 2012  Black Hawk Mines Bulletin| About  Black Hawk Mines Bulletin is all for the preservation and promotion of mining ghost towns that are widely being neglected across the world. We support historical sites and promote the rebirth of current mining ghost towns that still have a lot of potential in generating income and historical value. black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by mblackhawk | Saved by 1 users | May 2, 2012  Black Hawk Mines Bulletin| Terms and Conditions  Black Hawk Mines Bulletin wants to further the discussion and welcomes your views. Comments on any post must be relevant, respectful of others and suitable for a general audience. Comments should not violate any laws, contain solicitation for services and goods, contain spam, be knowingly false black hawk mines, blackhawk mines, black hawk mines bulletin, black hawk More Tags by mblackhawk | Saved by 1 users | May 2, 2012  Black Hawk Adventures : Military gear exhibit  Defense industry firms are showing off their latest in military equipment in a 2-day Marine West Military Exhibition in Camp Pendleton with thousands of troops in attendance. There were hundreds of military gear and weaponry in exhibit inside the venue \u2014 items that can draw the line between life an blackhawk, black hawk, black hawk adventures, black hawk news adventures guide More Tags by kellumdebraz | Saved by 1 users | May 10, 2012  Black Hawk Co. deputies warn of grandparents scam  WATERLOO, Iowa --- The Black Hawk County Sheriff's Office is warning residents after a local woman became the target of a scam. The woman received a call from a female claiming to be her granddaughter. The caller said she was in jail in Mexico and needed $5,500 sent by Visa credit card or money orde blackhawk, black hawk, black hawk adventures, black hawk news adventures guide More Tags by kellumdebraz | Saved by 1 users | May 10, 2012  FDIC Insurance, Fraud Alerts &amp; Safety Tips | Blackhawk Bank | Beloit...blackhawkmines.multiply.com  Clients report that they\u2019ve received an automated call saying their debit card or account has been locked. These calls are not coming from Blackhawk Bank and are phishing attempts! Do not respond by entering your personal information, and monitor your account closely. black hawk mines, black hawk adventures  by carmenfrac | Saved by 1 users | May 10, 2012  Black Hawk Adventures - Black Hawk Adventures Multiply Community  Black Hawk Adventures is the ideal place to go to whether you're planning for a trail hike or just plain camping. We offer lots of information to help you in prepping for the trip and in deciding what essentials to bring with you. black hawk, blackhawk, black hawk mines, black hawk adventures More Tags by carmenfrac | Saved by 1 users | May 10, 2012  Black Hawk Adventures  About Us Black Hawk Adventures is the ideal place to go to whether you\u2019re planning for a trail hike or just plain camping. We offer lots of information to help you in prepping for the trip and in deciding what essentials to bring with you. (Though we\u2019re not going to endorse where to buy your outdoor blackhawk, black hawk, black hawk adventures, black hawk news adventures guide More Tags"}
{"text": " \"The number one difference is that bank savings accounts, or money market accounts (MMAs allow limited checking--six non-ATM withdrawals per month, max, else possible fees) have FDIC insurance up to $250,000.  However don't put that much in--allow some room for interest, so you never go over the $250,000.  Money Market Mutual Funds do not enjoy FDIC insurance.  There may be some SPIC insurance--generally against brokerage failure though, but its coverage is questionable--search out those details, and if they apply to anything besides actual cash held at the brokerage.  If the money market mutual fund is strictly invested in US Treasury securities (like T-Bills, or other short-term US Treasury instruments), it enjoys the full faith and credit of the US government, FWIW--but many MMMFs invest in corporate instruments.  If the fund has any pricing issues, there might be a delay in getting paid off.  (Extremely unlikely.)      Number two, and more importantly, bank savings accounts (or MMAs) pay way more!  You can get a bit over 1% APY now--many paying 0.90% APY, or higher.  No money market mutual funds are close to that, generally yielding a small fraction of that, almost zero for US Treasury MMM funds.  Sure 1.05% ain't too exciting, but you may as well get the most you can if holding \"\"cash,\"\" and fully insured to boot.\""}
{"text": " Selling one fund and buying another will incur capital gains tax on the sale for the amount of the gain. I'm not aware of any sort of exemption available due to you moving out of the country. However, long-term capital gains for low-tax-bracket taxpayers is 0%. As long as your total income including the gains fits within the 15% regular tax bracket, you don't pay any long-term capital gains. Options for you that I see to avoid taxes are: Note that even if you do sell it all, it's only the amount of gains that would take your income over the 15% normal tax bracket that would be taxed at the long-term rate of 15%, which may not end up being that much of a tax hit. It may be worth calculating just how bad it would be based on your actual income. Also note that all I'm saying here is for US federal income taxes. The state you most recently lived in may still charge taxes if you're still considered a resident there in some fashion, and I don't know if your new home's government may try to take a cut as well."}
{"text": " \"&gt; love how you're walking back toward the positions I've taken previously,  I was about to say the same about you, when you agreed that Susan is not good at anything and got her job due to her connections and not because of, or despite of her educational background and degrees.  &gt; you said you would not consider someone with a music or communications undergrad degree for a security position, full stop. Diversity hire?   Yes. I will not hire Music people for Security jobs unless they have proven experience and I would definitely hire former soldiers and IT graduates with zero experience over a music major for a security job, because \"\"diversity\"\" is not even a factor and should not be a factor in choosing the best for the job.   &gt; their [HR] role is to hire the best talent and protect the company, not to protect employees,  Correction: HR role and actions is to hire the cheapest employees, even employ freelancers, contractors and outsource. They will never pay for good talent but they sure will offer a fat salary for the cousin of the CEO's tennis trainer.   You are 100% correct when you said that HR does not protect of even on the side of the employee.  P/S: the HR department at my firm is using contractors and temps for various tasks. They have a huge turn over of employees and were rank one of the lowest in the company's \"\"employee engagement\"\" survey... like HR department is most companies. What a great image this gives to the rest of the employees in the company.\""}
{"text": " \"Holy fuck, what the fuck are you talking about?   &gt; Walmart operates on a \"\"just in time\"\" basis that they operate themselves, with as many walmarts that exist around the country, you can go witness this by yourself, every day of the week 364 days a year.  What does this sentence mean? Is this even English?   If you're saying Wal-Mart is the only company that uses just-in-time logistics, you're cluelessly wrong. It's been pretty standard across many companies for decades.  Amazon, however, has taken logistics to another level of innovation. For example, Amazon's Vendor Flex program takes advantage of its suppliers' warehouses instead of its own.   A supplier like Proctor &amp; Gamble fences off a section of its warehouse for Amazon orders, and Amazon employees fulfill orders straight from that location. This saves time and money for both. P&amp;G doesn't need to ship to an Amazon warehouse, and Amazon doesn't need to store inventory for even a second.  Amazon is the leader in innovations like this, and its willingness to share data and create partnerships with its suppliers has helped its partners find and create efficiencies to pass on to Amazon's customers. For example, suppliers receive real-time data to predict demand, rather than guessing how much product to make for the next bulk order.  Meanwhile, Wal-Mart is doing stuff the old-fashioned way: ordering products from suppliers, moving them to distribution centres and then to stores.  And while Wal-Mart is good at getting stuff into stores, it's hopelessly lost trying figure out [last mile](https://www.datexcorp.com/last-mile-delivery-part-1-omni-channel-retail-affecting-transportation-logistics/) delivery \u2014 the final delivery to people's homes.   Wal-Mart's method is to get customers to drive to them, or even to get their [employees to drop off orders on their commutes home](https://www.theguardian.com/business/2017/jun/02/walmart-asking-staff-to-deliver-online-orders-on-their-way-home).  Amazon has that stuff mastered and is getting better all the time.  ----------------  &gt;The only thing Amazon can bring to the equation is a system in which WF suddenly can operate at a loss and Amazon share holders simply don't care, like they haven't cared for the last 20 years amazon has made \"\"no money\"\".  Whole Foods has been horribly inefficient, especially with regards to how it works with smaller, local suppliers in many different locations.  Amazon has long figured out how to efficiently get products from many thousands of small suppliers.   ---------  Edit: Get a clue, learn English, and learn how to spell \"\"blatantly\"\" before you start criticizing others.\""}
{"text": " This solution obviously wouldn't work for everyone, and is contingent on the circumstances of your parents' finances with regards to their house, but...  Have you considered buying your parents' house?  This way your parents' desire for you to get a house as an investment would be satisfied, they wouldn't have to worry about losing their home, and you might even be able to work out a financing/rent deal that is beneficial to everyone involved.  There are definitely fewer costs going this route anyway, for instance, your parents won't have any marketing costs associated with selling the house and could pass this savings along to you.  Also, having lived in the house for a large part of your life you will also know what you are getting in to."}
{"text": " It also reduces risk from the bank's eyes. Believe it or not, they do lose out when people don't pay on their mortgages. Take the big 3 (Wells, Chase and BoA). If they have 50 million mortgages between the 3 of them and 20% of people at one point won't be able to pay their mortgage due to loss of income or other factors, this presents a risk factor. Although interest payments are still good, reducing their principal and interest keeps them tied down for additional (or sometimes shorter) time, but now they are more likely to keep getting those payments. That's why credit cards back in 07 and 08 reduced limits for customers. The risk factor is huge now for these financial institutions. Do your research, sometimes a refi isn't the best option. Sometimes it is."}
{"text": " It tells you more about some of the convoluted rules put in place by FDA and ither regulatory agencies. It's next to impossible to introduce a true generic competitor. Really not a issue with the insurer as they must cover stuff only approved via the Fed agencies."}
{"text": " \"Google that \"\"valid for work...\"\" phrase. You'll find that you have a SSN;  it is valid for many purposes;  it is valid for obtaining work, only when accompanied by DHS authorization. Doesn't anyone know how to use commas anymore?\""}
{"text": " What is your goal? I would, under most circumstances, not recommend the Masters. I did it because I studied engineering in undergrad but wanted to transition to finance right away. The reality is that a good undergrad will give you most of the tools you need for success in a junior finance role. The critical piece is networking with professionals and working in the markets to elevate your stance before graduation. I am not an advocate for a lot of investment in education as the payback is less than most alternatives (IB analyst training, CFA, internships, etc.)"}
{"text": " \"A short-sale seems like an extreme and unethical course to take.  You should read your mortgage documents or work with your attorney to read the mortgage and determine whether it is an \"\"assumable\"\" mortgage. If so, you might be able to get the former owner to take over the mortgage.\""}
{"text": " Credit card merchant fees are $0.15 - $0.40 per transaction plus 1.5-4% of the amount charged. Card issuers are competing to get to be the card in your pocket that you use on a daily basis. If you were a card issuer, wouldn't you like to get 1.5-4% of every transaction I make for the rest of my life? As a side note, ever since I became a business owner and saw how much we are all paying for credit card merchant fees, I've patronized a lot more cash-only businesses. The best ones pass the savings directly on to the consumer."}
{"text": " The NYSE is not the only exchange in the world (or even the only one in the USA). Amazingly, the London stock exchange works on London time, the Shanghai exchange works on Shanghai time and the Australian stock exchange works on Sydney time. In addition futures exchanges work overnight."}
{"text": " Think of it this way, if you traveled back through time one month - with perfect knowledge of AAPL's stock price over that period - which happens to peak viciously then return to its old price at the end of the period - wouldn't you pay more for an American option? Another way to think about options is as an insurance policy.  Wouldn't you pay more for a policy that covered fire and earthquake losses as opposed to just losses from earthquakes? Lastly - and perhaps most directly - one of the more common reasons people exercise (as opposed to sell) an American option before expiration is if an unexpected dividend (larger than remaining time value of the option) was just announced that's going to be paid before the option contract expires.  Because only actual stockholders get the dividends, not options holders.  A holder of an American option has the ability to exercise in time to grab that dividend - a European option holder doesn't have that ability. Less flexibility (what you're paying for really) = lower option premium."}
{"text": " that's just it, though - they are splitting up the 1%! and in most cases, especially vanguard, they are splitting up far less.  ETFs don't have 12b-1 fees. explaining why you're experiencing different returns for ETFs will almost certainly involve something other than their expense. again, this is especially true for vanguard. they have the cheapest ETFs around (though i think schwab beats them on a few now).  i can only guess at the full compensation structure. betterment likely earns money on cash reserves and  securities hypothecation (i guess?). they also charge a small fee from what i understand. finance is very slim these days.  i guess i'm wondering what your ultimate question is. if it's the inter corporate compensation structure, above is my best guess. if it's about performance, then we need to compare the ETFs you are looking at. if it's about the fees on funds, i think we covered that!  as an advisor, it's my experience that very specific inquiries about fees have a deeper concern. people hear a lot about being overcharged so cost is a very standard place for clients to initially look when trying to compare performance of portfolios or securities."}
{"text": " &gt; By the time you're ready to hire, you should be past the point where $100k in sweat equity dribbled out over a four-year vesting period is worth bothering with another shareholder.  Really? Why? Most companies I've talked to need hands on deck from day one.  &gt; People on kickstartr are looking for cash, not cheap labor.  Cheap labour isn't avaliable on kickstarter, that's what Craigslist is for. You need both to get a company off the ground.  &gt; Founders usually lack the former and have plenty of their own time to supply the latter.  But they don't have the skills to cover all their bases. That's why they need cheap labour."}
{"text": " \"1$?  No, my SSN is worth way more than that. I've gotten a \"\"our system has been hacked, your info might be compromised, here's one year protection\"\" letter 3 times in my life from 3 companies. I'm so thankful I'm lucky I wasn't someone who's info was used for nefarious deeds.  Having personal info like this stolen should have a much more sever penalty.   Try $1,343 per person's info stolen, as that is the average cost to an individual who is a victim of identity theft [as determined by the DOJ in 2014](https://www.csid.com/2016/09/real-cost-identity-theft/).  You lose 143 million people's info to hackers, you bet your ass it's going to cost you. It will cost you $192,049,000,000  Since that would destroy most companies, and identity theft destroys individuals, having the average cost as a penalty would make companies think twice about skipping out on solid infrastructure and protection for their user's data.  I'm currently coding an application with a database that takes user login credentials (including passwords). You bet your ass I'm making sure this ship is secure before I let anyone use it.\""}
{"text": " Is this really an issue? There are already 3rd party places that will fix iPhones and such. It will void a warranty of course, but if it's under warranty, you'd want to likely go to the Apple stores anyway, no? And for other items, it is just not feasible to repair anyway."}
{"text": " \"Neither. Why would you have to classify startups as value or growth?  A startup is its own category.  You can find startups at \"\"classic\"\" valuations (price/book...  Etc) that would make investors' eyes water...   But that happens because many startups are early stage and so revenue or book value or other classic valuations don't quite suit.\""}
{"text": " Cmon we've known for years that this was only a matter of time. We could all probably make a list of the next 2-3 stores online retailers will take down. I'm thinking Staples and Office Max are next in line.   Can't wait for the BB liquidation sales."}
{"text": " \"Alternatively you could exercise 12000 shares for $36000 and immediately sell 7200 shares to recover your exercise price. Then you use the remaining 4800 share to pay the exercise price of the remaining 8000 options. Both scenarios are equivalent but may have different fees associated, so it's worth checking the fine print.  Tax wise: The above example is \"\"cash neutral before taxes\"\". The taxes associated with these transaction are substantial, so it's highly recommended to talk with a tax adviser. \"\"cash neutral after taxes\"\" depends highly on your specific tax situation.\""}
{"text": " It is totally a demand problem.  Why aren't people buying things in Greece?  Because everyone's poor and there is no demand?  Why are people buying things in Germany?  Because the German Government spent their way out of their recession by spreading money around to the people that needed it.  Why did we get out of the great depression?  Because those without money were given some, which they then spent.  Companies aren't making stuff because no one is buying.  Historically, higher taxes on higher income people and businesses equate with a better economy.  I don't see any data, o. your side, just lots of hand-waving.  http://www.angrybearblog.com/2011/05/optimal-tax-rates-for-generating.html"}
{"text": " \"Serious answer: This would be a horrible idea for you, so don't do it.  Theoretical answer:  This gets more complicated.  If you are refusing to pay your student loans, this is bad for the economy because you just destroyed the value associated with that payment.  You essentially robbed the person holding the debt (since you promised to pay it off).    However, you also stimulate the economy by buying goods.  I'm just an armchair economist, but I would say that the detriment of not paying your debt is higher than the benefit of paying for the goods.  Now, lets say you never say your not paying of your loans, and instead just pay the minimum payment and buy the goods.  Now you are helping the economy because your debt is still generating money *and* you are injecting real money through your payment.  So you essentially made more money for the economy.  So long as the \"\"system\"\" believes you can pay of the debt, the \"\"system\"\" is able to hold more money.  This is actually why most credit companies *want* you to pay the minimum balance (that, and the interest earns them far more money than you borrowed).\""}
{"text": " Funny most of those states almost half voted blue. Take the bottom quarter of Florida and go to the Middle red states. More democrats than the entire population combined. Empty land my friend no one gives a shit about empty land."}
{"text": " My answer is with respect to the United States. I have no idea about India's regulatory environment. You are opening yourself up to massive liabilities and problems if you deposit their money in your account. I managed investment accounts as a private investment advisor for years (those with less than 15 clients were not required to register) until Dodd-Frank changed the rules. Thus you would have to register as an advisor, probably needing to take the series 65 exam (or qualifying some other way, e.g. getting your CFP/CFA/etc...). I used a discount broker/dealer (Scottrade) as the custodian. Here's how it works: Each client's account was their own account, and I had a master account that allowed me to bill their accounts and manage them.  They signed paperwork making me the advisor on their account.  I had very little accounting to handle (aside from tracking basis for taxed accounts). If you take custody of the money, you'll have regulatory obligations. There are always lots of stories in the financial advisor trade publications about advisors who go to jail for screwing their clients. The most common factor: they took custody of the assets. I understand why you want a single account - you want to ensure that each client gets the same results, right? Does each client want the same results?  Certainly the tax situation for each is different, yes?  Perhaps one has gains and wants to take losses in one year, and the other doesn't. If their accounts are managed separately, one can take losses while the other realizes gains to offset other losses. Financial advisors offer these kinds of accounts as Separately Managed Accounts (SMAs). The advisors on these kinds of accounts are mutual funds managers, and they try to match a target portfolio, but they can do things like realize gains or losses for clients if their tax situation would prefer it. You certainly can't let them put retirement accounts into your single account unless the IRS has you on their list of acceptable custodians. I suggest that you familiarize yourself thoroughly with the regulatory environment that you want to operate under. Then, after examining the pros and cons, you should decide which route you want to take.  I think the most direct and feasible route is to pass the Series 65, register as an investment advisor, and find a custodian who will let you manage the assets as the advisor on the account. Real estate is another matter, you should talk to an attorney, not some random guy on the internet (even if he has an MBA and a BS in Real Estate, which I do). This is very much a state law thing."}
{"text": " If you're talking about the guy I worked for then you're fucking stupid. This guy started off by going door to door and b2b and started his marketing business from scratch, after a couple of other endeavours. If you think this guy earned his bills from his daddy like trump then your nothing but an ignorant fuck by definition. I have more respect for this guy then most people on this planet. If I hadn't had some personal issues I'd still be working for him."}
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{"text": " I agree to an extent. You make good points.  I'm still not at a state where I would trust our incompetent government to efficiency allocate and run a healthcare system sponsored by taxpayers or users. I assume each European nation has its own plan or system. To extrapolate such over a country with a population and sprawl of the U.S. seems much more difficult.  To be honest, I'm at a loss of how to solve the problem. Fighting the population bubble, global sluggishness, corruption, government waste, and populace inequality has really forced me out of politics.   Sorry for the demoralized response, but I cannot say you are right or wrong at this point. And frankly, I'm starting to realize it doesn't matter."}
{"text": " Here's a simple answer: If your debit card has a visa or mc logo, it can be used as a 'credit card'.  In order to do so, you shouldn't enter the pin, instead choose 'credit' and sign for it. Unlike a credit card, you can't spend money you don't have but like a credit card, your purchase is protected by the credit card company (visa/mc) and gives you privileges like zero fraud liability and purchase disputes. http://www.moneycone.com/should-you-sign-for-a-debit-card-purchase-or-use-your-pin/"}
{"text": " \"But you aren't driving between your two jobs, you're driving for your job. The better analogy would be \"\"If I didn't buy commercial insurance, but was hiring myself out to do deliveried then my personal insurance better cover me if I hit someone between deliveries\"\" It doesn't work that way. There is a reason commercial insurance costs a lot more - when your job is to drive, your risk profile increases significantly. There are specific clauses in personal insurance that they aren't going to cover you if something happens while you are using your car for commercial purposes.\""}
{"text": " We play Cash Flow and Cashflow for Kids by Robert Kiyosaki. Our kids love it."}
{"text": " The market moves faster than ratings agencies.  Everyday the market is trying to figure out the true value of Assets - Liabilities and thus its overall equity value.  The financial crisis illustrated this perfectly when Bear Sterns got stuck in a liquidity trap.  It's MBS(CDO) was still highly rated, likewise its overall credit rating was sound, however in reality the value of assets were much higher due to coming default, credit providers realized assets Bear had posted as collateral were falling in value quickly.  This started the death spiral, or feedback loop in which it isn't clear if the tail wagged the dog or the dog wagged the tail, but as equity value fell Bear could no longer get access to credit markets to fund daily operations, once it got margin called and couldn't pay, it was all over.  When it was sold to JPM, they basically stole the entire company at a fire sale price, everyone knew they were getting a deal, as reflected in the post buyout price jump of JPM stock.    So in a technical sense you are right, they have nothing to do with each other.  But in a practical sense as we see equity value collapse we are approaching bankruptcy, and thus default, and credit ratings should represent likelihood of default so the two should have a positive correlation to one another, assuming equity value is the 'true value'."}
{"text": " \"Figure out how much money you earn, what you spend it on, and how that will change when you have kids (will one of you stay at home? if not, how much will daycare cost and how do you finance the first few month when your child is still too young for daycare?) You will usually plan to spend your current Kaltmiete (rent without utilities) on your mortgage (the Darlehen that is secured by your house) - keep in mind though that a house usually has a higher utility cost than an appartment. When you've figured out what you can save/pay towards a house now and how that will change when you have kids, you can go on to the next step. If you don't want to buy now but want to commit to saving up for a house and also want to secure today's really low interest rates, consider getting a \"\"Bausparvertrag\"\".  I didn't find a good translation for Bausparvertrag, so here is a short example of how it works: You take a building saving sum (Bausparsumme) of 150000\u20ac with a savings goal (Sparziel) of 50000\u20ac (the savings goal is usually between 20% and 50% of the sum) and then you make monthly payments into the Bausparvertrag until you reach the savings goal at which point you can take out your savings and a loan of 100000 \u20ac (or whatever your difference between the Bausparsumme and Sparziel is). If you're living in an expenisve area, you're likely to need more than 150000 but this is just an example. Upsides: Downsides: If you decide to buy sooner, you can also use your Bausparvertrag to refinance later. If you have a decent income and a permanent job, then ask your bank if they would consider financing your house now. To get a sense of what you'll be able to afford, google \"\"wie viel Haus kann ich mir leisten\"\" and use a few of the many online calculators. Remember that these websites want to sell you on the idea of buying a house instead of paying rent, so they'll usually overestimate the raise in rents - repeat the calculation with rent raise set to 0% to get a feeling for how much you'll be able to afford in today's money. Also, don't forget that you're planning to get children, so do the calculation with only one income, not two, and add the cost of raising the kids to your calculation. Once you've decided on a property, shop around a bit at different banks to get the best financing. If you decide to buy now (or soon), start looking at houses now - go to model homes (Musterh\u00e4user) to find out what style of house you like - this is useful whether you want to buy an existing house or build a new one. If buying an existing house is an option for you, start visiting houses that are on sale in your area in order to practice what to ask and what to look for. You should have a couple of visits under your belt before you really start looking for the one you want to buy. Once you're getting closer to buying or making a contract with a construction company, consider getting an expert \"\"Bausachverst\u00e4ndiger\"\". When buying an existing house they can help you estimate the price and also estimate the renovation cost you'll have to factor in for a certain house (new heating, better insulation, ...). When building a new house they can advise you on the contract with the construction company and also examine the construction company's work at each major step (Zwischenabnahme). Source: Own experience.\""}
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{"text": " \"This is the best tl;dr I could make, [original](https://www.imf.org/external/pubs/ft/fandd/2016/06/ostry.htm) reduced by 95%. (I'm a bot) ***** &gt; Is there really a defensible case for countries like Germany, the United Kingdom, or the United States to pay down the public debt? Two arguments are usually made in support of paying down the debt in countries with ample fiscal space-that is, in countries where there is little real prospect of a fiscal crisis.  &gt; For countries with a strong track record, the benefit of debt reduction, in terms of insurance against a future fiscal crisis, turns out to be remarkably small, even at very high levels of debt to GDP. For example, moving from a debt ratio of 120 percent of GDP to 100 percent of GDP over a few years buys the country very little in terms of reduced crisis risk.  &gt; Faced with a choice between living with the higher debt-allowing the debt ratio to decline organically through growth-or deliberately running budgetary surpluses to reduce the debt, governments with ample fiscal space will do better by living with the debt.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ulozq/imf_on_neoliberal_economics/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~194154 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*: **debt**^#1 **country**^#2 **fiscal**^#3 **growth**^#4 **capital**^#5\""}
{"text": " Why does it take two weeks (from ex-date) for dividends to pay out? For logistical and accounting purposes. This article says on the payment date: This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled. It is for the same reasons that there is a often a two-week period between the time an employee submits her time sheet and the employee's pay date. The company needs time to set and send the payment while minimizing accounting errors."}
{"text": " \"Do you know even one Muslim person? My money is on no.  You're probably the same guy who will scream bloody murder about the government trying to take your guns, but you completely forget about the \"\"freedom of religion\"\" guaranteed by that same document. Then you go around posting retarded bullshit like \"\"Islam should be illegal\"\".   Have a great day you racist douchebag. Try not to wander into traffic.\""}
{"text": " Haven't read this but will, thanks.  I would agree with you that there are certain aspects and forms of private equity that could be considered reprehensible. First, carried interest probably isn't the fairest thing in the world. But that's not going to last much longer. I think you could also argue that SOME hostile takeovers approach the reprehensible. An example off the top of my head would be Carl Icahn and TWA. I would argue on the whole, however, that most hostile takeovers are accretive in the sense that you're taking out management that is either being tremendously negligent, or destroying value all together.   In both of those instances you can make succinct and well thought out arguments. But this isn't what's happening with Bain. On the whole I would disagree and argue that PE backed restructurings are accretive to the economy as a whole."}
{"text": " \"I, too, have worked in both small and large companies; I started with the small ones and am currently at a big one. I agree with all of your points about the upside of working for small companies. Some of the upsides I find at the big company where I work are:  - there are people around you that know more than you do. There is a huge opportunity to learn from them, which is a lot harder when you're the lone expert at a 5-person company (you rely on whatever you can scrape up from the internet, etc.). Most people learn faster with good mentoring.  - there is money to spend on things that you need. No raised eyebrows from the CEO when you say that you need a $20 lamp for your desk, or even more serious issues like adequate hardware for what you need to do, getting tools you need, etc. (Less of an issue at a VC-funded startup, until the money starts running low.)  - there are entire teams that help with things like documentation, customer support, sales, tools, and other things, which frees me up to do what I'm good at, which is making software.  I remember reading some advice a while ago that still rings true to me, which is that there isn't a single \"\"right\"\" place to work (small/large, etc.); the right thing to do is get experience with a variety of different environments - in the end you'll be stronger for it.\""}
{"text": " \"All cash deals basically mean that the acquiring company isn't going to offer you shares in itself, but only the cash equivalent. Mechanically, the acquiring company will find out who the shareholders are, then use electronic means to send money to the shareholders of the target company through their brokerage accounts (slightly oversimplifying here but it's the essence).  As you've pointed out, using physical cash is impractical - they would have to send these amounts of cash to each shareholder of WFM, who will easily number in the tens or hundreds of thousands.  As for AMZN, how it raises this amount of cash is not addressed when we say the deal is \"\"all cash\"\". Essentially, it's AMZN's problem to figure out where to get this cash, be it through internal operations, bank borrowings, or issuing new equity.\""}
{"text": " I recently made the switch to keeping track of my finance (Because I found an app that does almost everything for me). Before, my situation was fairly simple: I was unable to come up with a clear picture of how much I was spending vs saving (altho I had a rough idea). Now I here is what it changes: What I can do now: Is it useful ? Since I don't actually need to save more than I do (I am already saving 60-75% of my income), 1) isn't important. Since I don't have any visibility on my personal situation within a few years, 2) and 3) are not important. Conclusion: Since I don't actually spend any time building theses informations I am happy to use this app. It's kind of fun. If I did'nt had that tool... It would be a waste of time for me. Depends on your situation ? Nb: the app is Moneytree. Works only in Japan."}
{"text": " There is an approach which suggests that each weekend you should review your positions as if they were stocks to be considered for purchase on Monday. I can't offer advice on picking stocks, but it's fair to say that you need to determine if the criteria you used to buy it the first time is still valid. I own a stock trading at over $300, purchased for $5. Its P/E is still reasonable as the darn E just keeps rising.  Unless your criteria is to simply grab small gains, which in my opinion is a losing strategy, an 8% move up would never be a reason to sell, in and of itself. Doing so strikes me as day trading, which I advise againgst."}
{"text": " \"We'll, he provides some figures on the burden on lower income households.  It kind of makes sense.  Even if both middle class households and lower income households consume the same relative amounts of \"\"sinful\"\" goods, there will likely be a higher burden on the poor.  It's exasperated by the high tax rate on those goods. The only way to remove that higher burden is for the poor to \"\"consume less vice\"\" than the affluent.  That's an awkward position to hold.  It doesn't make sin taxes bad public policy.  They're an effective tax strategy that can be dedicated to helping provide other necessary social services.  But, they can be regressive and push other values at the same time.\""}
{"text": " \"I don't think they \"\"actually\"\" turned a profit, did they?  As I understand it, this is an accounting method/trick, it's not as if they generated more income by using this system.  They just made their monetary value visible rather than implicit.  Which is not the same as turning a profit... or am I missing something?\""}
{"text": " \"Additionally, the original commenter I was responding to was making an argument that \"\"they don't make money therefore they're a failure\"\", which isn't a bad argument to make if you're talking about *revenue*.  Companies that make no revenue are generally considered to be failures, so in that context, he would be correct to say \"\"they're a failure because they make no money\"\", and you wouldn't really need any other points to back up your argument.  That being said, plenty of businesses, start-ups especially burn through more money than they make. The lack of profit doesn't necessarily make them a failure provided they are still generating revnue, which Tesla is, and a lot of it.  So, if you'd like to have a discussion about whether they're making *enough* *revenue*, or whether they're poorly re-investing the *revenue* they are making, and how those factors might determine whether or not they should be considered a failure, then I'd be happy to participate.  But if you're only interested in making replies that try to condecend to me because you're too quick to jump to conclusions about what I've written, then have at it I guess. Whatever floats your boat.\""}
{"text": " There is some truth to this. But the reverse could be seen as Apple. Where they did this, and it blew up until they gave it back to Jobs.  Similarly, Bezos seems to be doing a good job as CEO. Gates and Ellison also were pretty successful!  I agree though that when companies start to get major investors/go public, there should be some planning/thought to see if the Founder/CEO is actually a CEO type"}
{"text": " \"This is the best tl;dr I could make, [original](https://qz.com/1100886/bitcoin-in-africa-is-driven-by-mmm-mavrodi-ponzi-scheme/) reduced by 95%. (I'm a bot) ***** &gt; The scheme associates itself closely with Bitcoin in its marketing materials, explaining that &amp;quot;MMM and Bitcoin have similar ideologies: they strive to defeat the social inequalities, to free people from banks, and to make the world fairer.\"\"  &gt; After countries like South Africa and Nigeria attempted to shut them down in 2016, MMM paused their operations, only to return at the beginning of 2017 with a new marketing focus: Bitcoin.  &gt; That&amp;#039;s precisely what happened in 2016, when MMM abruptly shut down their first Bitcoin-based ponzi scheme.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76di19/bitcoins_rise_in_african_markets_is_driven_by_an/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~228345 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*: **MMM**^#1 **Bitcoin**^#2 **world**^#3 **Cryptocurrency**^#4 **new**^#5\""}
{"text": " Maybe you missed this part  &gt;by going into a local retailer and forcing them to compete with something they cannot realistically compete against while turning any kind of a reasonable profit.  There won't be any local taxes to pay if the local business isn't around to sell anything to you."}
{"text": " Vanguard (and probably other mutual fund brokers as well) offers easy-to-read performance charts that show the total change in value of a $10K investment over time.  This includes the fair market value of the fund plus any distributions (i.e. dividends) paid out.  On Vanguard's site they also make a point to show the impact of fees in the chart, since their low fees are their big selling point. Some reasons why a dividend is preferable to selling shares: no loss of voting power, no transaction costs, dividends may have better tax consequences for you than capital gains. NOTE:  If your fund is underperforming the benchmark, it is not due to the payment of dividends.  Funds do not pay their own dividends; they only forward to shareholders the dividends paid out by the companies in which they invest.  So the fair market value of the fund should always reflect the fair market value of the companies it holds, and those companies' shares are the ones that are fluctuating when they pay dividends. If your fund is underperforming its benchmark, then that is either because it is not tracking the benchmark closely enough or because it is charging high fees.  The fact that the underperformance you're seeing appears to be in the amount of dividends paid is a coincidence. Check out this example Vanguard performance chart for an S&P500 index fund.  Notice how if you add the S&P500 index benchmark to the plot you can't even see the difference between the two -- the fund is designed to track the benchmark exactly.  So when IBM (or whoever) pays out a dividend, the index goes down in value and the fund goes down in value."}
{"text": " Is this legal?  If the purpose of the sale at that price is to defraud somebody else, you could have a legal issue. For example if the purpose was to make yourself appear poorer to make you eligible for government aid; Or to increase your chances of getting a college grant; or to not have to pay money to your spouse as part of a divorce settlement; or if there is an unwritten part of the transaction for the sibling to sell the house back to in a few years when you no longer need to appear poor.  The answer by @littleadv covers the tax complications.  I do have one additional point. The sale can't be a short sale. The bank will never approve. The short sale can only be approved when the bank is convinced that there are no viable purchasers at a level to get all their money back. Your sibling is not an arms length transaction."}
{"text": " paypal says it works with CBE but can't seem to link my account with them, but skrill works perfectly just go to www.skrill.com sign up and you can link your bank account with your skrill account, i've had a few transactions so it should work for you too."}
{"text": " This is a scam. Delete the email and don't talk to the person or keep any contact."}
{"text": " You'll have to ask for a refund of the Paysafecard credit to your bank account. From there, you'll be able to use a debit card associated to your bank account, or transfer it to Paypal. Here's the form to request the refund: https://customer.cc.at.paysafecard.com/customerrefund/start.xhtml You may have to provide copies of ID and proof of address, and there will be a 7.50 euro fee for the refund."}
{"text": " I don't believe that $1 billion in profits claim for a second. Running trains at over 200 MPH is extremely expensive, so much so that only the Chinese have been willing to do it in regular service. Countries with more credible accounting practices invariably lose money on high speed rail, so there's pretty much no way the Chinese are raking in ten figures just on one route."}
{"text": " \"As I understand it the usual rule is that the country you are \"\"resident\"\" in taxes you on your worldwide income but gives you credit for foreign tax paid. The country you are not normally resident in taxes you only on income from that one country. Note that residence for tax purposes can have different rules from residence for immigration purposes. At least in the UK being resident in the country for more than half the tax year normally makes you tax resident and there are some other cases too. I expect other countries are similar but the details of the rules and the start/end of the tax years may vary. I don't know the exact rules for finland and belgium but I expect your Belgian taxes will be based on your Belgian income only and your Finnish taxes will be based on your worldwide income but with a credit for your Belgian taxes. Engaging accountants from both countries to confirm the exact rules and what exactly you should put on the forms is almost certainly a good idea.\""}
{"text": " I'm not the one making some grand speech protecting rich people from paying their employees higher wages.  You need to calm down and accept the fact that wages can't support our economy, and defending that is defending actions that harm the economy."}
{"text": " \"For me, the emergency fund is meant to cover unexpected, but necessary expenses that I didn't budget for.  The emergency fund allows me to pay for these things without going into debt. Let's say that my car breaks down, and I don't have any money in my budget for fixing it.  I really need to get my car fixed, so I spend the money from my emergency fund. However, cars break down periodically.  If I was doing a better job with my budget, I would allocate some money each month into a \"\"car repair/maintenance\"\" category. (In fact, I actually do this.)  With my budgeting software, I can look at how much I've spent on car repairs over the last year, and budget a monthly amount for car repair expenses.  Even if I do this, I might end up short if I am unlucky.  Emergency fund to the rescue! If I'm budgeting correctly, I don't pay any regular bills out of this fund, as those are expected expenses.  Car insurance, life insurance, and property tax are all bills that come on a regular basis, and I set aside money for each of these each month so that when the bill comes, I have the money ready to go. The recommended size of an emergency fund is usually listed as \"\"3 to 6 months of expenses.\"\"  However, that is just a rough guideline.  As you get better with your budget, you might find that you have a lower probability of needing it, and you can let your emergency fund fall to the lower end of the guideline range.  The size of my own emergency fund is on the lower end of this scale. And if I have a true crisis (i.e. extended unemployment, severe family medical event), I can \"\"rob\"\" one of my other savings funds, such as my car replacement fund, vacation fund, etc. Don't be afraid to spend your emergency fund money if you need it.  If you have an unexpected, necessary expense that you have not budgeted for, use the emergency fund money.  However, your goal should be to get to the point where you never have to use it, because you have adequately accounted for all of the expenses that you can reasonably expect to have in the future.\""}
{"text": " A 529 plan! The savings can only be used for education purposes, but you can use them for ANYONE and even change the beneficiary.  Distributions are tax free, and contributions are usually state tax free."}
{"text": " A bank can reject a loan if they feel you do not meet the eligibility criteria.  You can talk to few banks and find out."}
{"text": " The original option writer (seller) can close his short position in the contracts he wrote by purchasing back matching contracts (i.e. contracts with the same terms: underlying, option type, strike price, expiration date) from any others who hold long positions, or else who write new matching contract instances. Rather than buyer and seller settling directly, options are settled through a central options clearing house, being the Options Clearing Corporation for exchange-listed options in the U.S. See also Wikipedia - Clearing house (finance). So, the original buyer of the put maintains his position (insurance) and the clearing process ensures he is matched up with somebody else holding a matching obligation, if he chooses to exercise his put. I also answered a similar question but in more detail, here."}
{"text": " Well a) some people aren't in an area where broadband is even offered and b) if all you want is email, instead of giving your cable company $50 a month, giving AOL $21 a month is a better deal.  That said, it's probably also true that a huge percentage of their users are still there through inertia or the misguided assumption that they'll lose their aol.com address."}
{"text": " Not directly Nintendo, but: A company would want its share price to be high if it wants to sell its stock, e.g. on IPO or on subsequent offerings. However, if they want to buy back some shares, it would be in their interest to get more stock for the buck. There may of course be derivative values associated with a high share price, e.g. if they bet on the price or have agreements with investors for particular milestones to be reached. Employees might hold shares and be motivated by share price increases, so a decrease may not be desired, unless they are into some kind of insider trading (buy low, sell high). And last, over-valued share prices may undermine trust in a company, and failing to inform shareholders sufficiently may be outright illegal. Besides those reasons related to law, funding, sales, public relations and company image, companies should be pretty much independent from their own share prices, in contrast to share distribution."}
{"text": " Lost checks happen occasionally, and there are procedures in place (banking & business) to handle the situation.  First and foremost you need to: Note: The money is legally yours, so the company is obligated to work with you here.  If they refuse to cancel or reissue the check, at a minimum you'll want to contact the state government and let them know about the company's actions, if small claims court is not an option.  Businesses aren't permitted to keep 'forfeited funds' in most states, instead they are required to turn them over to the government who would then return them to you when you ask for it.  It's rather scummy of the government bureaucrats, because it puts them in the sole position to benefit from forgotten money, but that's the system we've given ourselves. Since you've moved overseas since the last time you worked with this company, you might need to exercise a little patience and be willing to jump through some hoops to get this resolved.  Be prepared to provide them proof of who you are, and be ready to pay for extra security such as certified mail / FedEx so that you're both sure that the new check is delivered to you and only you. Last of all, learn from your mistake this time and be a little more cautious / proactive in keeping track of checks and depositing them in the future."}
{"text": " Thank you for stating this point.  Food prices in the U.S. are stable and reasonable.  The economic downfall was not tied to agriculture.  Why would we mess with something that is functional right as we are starting to show signs of a healthy economy again.  Now I am not supporting Monsanto but with the current state of the economy we shouldn't mess to much with things that are working."}
{"text": " In a perfect market, share prices are by definition a perfect reflection of the true value of a share. Hence, you always get $10 for a share that's worth that much. In reality, the market is imperfect. Prices are somewhat of an average of all different estimates, and there's a cost-of-trading margin between sales and buy prices. Hence, in a perfect market it doesn't matter whether you have a stop loss order at $9.00. That just trades your stock worth $9 for cash worth the same $9. In an imperfect market, that trade nets you less. Furthermore, is risk a linear function of money? Perhaps not, if you bought on margin, need to lend extra and your interest rate increases with the extra credit demand."}
{"text": " In theory, an FCM may accept various types of collateral, including assets such as cash, treasuries, certain stocks, sovereign debt, letters of credit, and (as of 2009, I think,) gold. In practice, most will want you to post cash or cash. Some will take treasuries, but I think you'll generally have a hard time posting securities or other riskier asset classes at most shops, as dealing with the margining around them is more complex (and less profitible)."}
{"text": " The fees for the services are displayed on the PayPal website at https://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside Is there anything else you were looking for."}
{"text": " &gt;It's a nice park  No it's not. It's a blight on Niagara. The park is [constantly under investigation for animal cruelty](http://www.cbc.ca/news/canada/hamilton/marineland-charged-with-6-counts-animal-cruelty-1.3927659), but somehow always seems to skate with a slap on the wrist (politicians love tourism dollars!).  Also, it's all owned by a [known psychopath who is known to threaten, stalk, and physically abuse people he doesn't like, or those who protest against his way of doing business](https://www.thestar.com/news/gta/2011/10/03/the_man_behind_marineland_50_years_of_controversy.html).   Please don't encourage people to spend their money here."}
{"text": " Is it what I want to eat when I want to eat good food? No, absolutely not. Do I occasionally eat it? Yes. It's a matter of price/time/convenience, which is basically the entire fast food industry. I absolutely believe pizza that isn't artisanal level can be automated and the product can still be damn good. The chief problem with frozen pizza isn't that it's made by a robot, it's that it is frozen."}
{"text": " My local shopping store giant does 'online shopping', and by that I mean you can order your stuff, pay extra online etc etc, then another extra fee to reserve your time that you DRIVE TO THE STORE and pick it up. (and some times fill up So be quick, rofl)  I mean sure fills a small NICHE, but why do online shopping without delivery, especially when they are charging all the extra fees already.  I look forward to Amazon wiping these guys out."}
{"text": " Do you need help boosting the rankings of your website? If yes, then only Position1SEO can expertly help you out! This agency is known for their commitment to providing exceptional SEO services suit to their clients\u2019 requirements. Aside from this, the Position1SEO team also offers free SEO audit and conversion advice. For more details, go to position1seo.co.uk."}
{"text": " In today\u2019s competitive world, if one wishes to excel and achieve mass success, it is mandatory to have best brand output for the customers. With the change in the marketing medium, the consumer has n-number of opportunities to choose from various mediums of social and mobile web."}
{"text": " \"Like many things, there are pros and cons to using credit cards. The other folks on here have discussed the pros and length, so I'll just quickly summarize: Convenience of not having to carry cash. Delay paying your bills for a month with no penalty. Build your credit rating for a time when you need a big loan, like buying a house or starting a business. Provide easy access to credit for emergencies or special situations. Many credit cards provide \"\"rewards\"\" of various sorts that can effectively reduce the cost of what you buy. Protection against fraud. Extended warranty, often up to one year Damage warranty, covering breakage that might be explicitly excluded from normal warranty.  But there are also disadvantages: One of the advantages of credit cards -- easy access to credit -- can also be a disadvantage. If you pay with cash, then when you run out of cash, you are forced to stop buying. But when you pay with credit, you can fall into the trap of buying things that you can't afford. You tell yourself that you'll pay for it when you get that next paycheck, but by the time the paycheck arrives, you have bought more things that you can't afford. Then you have to start paying interest on your credit card purchases, so now you have less money left over to pay off the bills. Many, many people have gotten into a death spiral where they keep piling up credit card debt until they are barely able to pay the interest every month, never mind pay off the original bill. And yes, it's easy to say, \"\"Credit cards are great as long as you use them responsibly.\"\" That may well be true. But some people have great difficulty being responsible about it. If you find that having a credit card in your pocket leads you to just not worry about how much you buy or what it costs, because, hey, you'll just put it on the credit card, then you will likely end up in serious trouble. If, on the other hand, you are just as careful about what you buy whether you are paying cash or using credit, and you never put more on the credit card than you can pay off in full when the bill arrives, then you should be fine.\""}
{"text": " Wealth Generators Reviews which are putting allegations upon this company by calling it as a scam or web of MLM concept should at first go through the company's profile and understand the true vision and the products of the companies. Wealth Generators has interesting products to help the people earn money with the help of expert trading and stock market tips and advice. Wealth Generators is not a typical MLM tonic which will make you rich overnight. It is a place for strategy seekers and the persons who are really willing to make more money through their hard earned capital. The company specializes in stock market trading and to promote the awareness of trading, it is using some MLM type concept so that the maximum people get benefited after availing the subscription program of the newsletters and financial management tools which have been designed and developed by the veterans of the financial market and the trading experts.  Wealth Generators Reviews mentioned by some trade persons who have suffered loss due to adopting the improper strategy and not following the guidelines as described in the materials of the company are deviating some people from participating in wealth generation programs being offered by this company. We would like to make you clear that Wealth Generators is not demanding your money. It is just only charging you on the behalf of the guidance services provided to you to let you have a good income while trading in the global fluctuating market scenario. We at Wealth Generators offer learning subscription packages in a reasonable charge."}
{"text": " The best thing to do right now is track your spending. You know you're saving 1k a month, and you know you're spending 1k a month on rent. That's 24k so far. I presume you'll have some income tax taken out, let's assume it's another 6k to round us neatly up to 30k. Since you earn 80k and you've spent 30k so far, you have another 50k unaccounted for. If you're in the USA I'd recommend using mint.com or a similar service to automatically track your transactions, or even just a spreadsheet if you don't like handing out your bank details (and you shouldn't). After that, I agree with SoulsOpenSource's answer. Write a budget and try to figure out where the fat can be trimmed. When I started tracking I saw I was spending almost a hundred bucks every week on fast food, due to poor planning and laziness. I decided to cook more and plan better and now I'm spending less than half that - in the last year I've saved almost three thousand dollars! If you want to save up for your future (and good on you if you do!) then there'll be some choices to make ahead. If you're spending a few hundred bucks on going out drinking every weekend, or you grab two coffees every day, or you buy fifty blurays a month (do people still buy blurays?), you'll have to ask yourself: Will I be happier spending money here than saving for my future?"}
{"text": " Where you can put the money really depends on your risk tolerance. You could take $50k and put it into a good share class municipal and government bond fund that would likely be tax exempt. In a few years span I don't think you're likely to lose much in a tax-managed bond fund but it's certainly possible! Here is a link for Vanguard tax-exempt bond funds by state of residency: https://investor.vanguard.com/mutual-funds/vanguard-mutual-funds-list?assetclass=bond&taxeff=xmpt These funds have returns well exceeding CD's or standard savings accounts. Risk of loss is real, but returns are possible."}
{"text": " It's interesting how ups doesn't seem to be having a problem (a private company).    It's more evidence that the government isn't really good at running anything.  It's partially because they don't have to worry about making a profit and since it's not their money (it's ours), piss it away.  If they can't even run something simple as the post office without nearly going out of business, healthcare is an impossibility."}
{"text": " As boomers retire there'll be a lot smaller workforce to go along with a potential smaller employment force. Also as far as having fewer jobs in any particular career path, ask yourself what you think is easier to do, completely change careers in your 20s or 30s or in your 40s or 50s?      Fact remains those with less working time left have a harder time adjusting to the new economy because they have less opportunity to change careers or make up their retirement losses."}
{"text": " So true.  Socialism is evil, except for roads, schools, libraries, public transportation, water and sewer, and police and military services.  Then socialism is just fine.  Government rules and regulations are bad, except when they enforce Christian fundamentalist doctrine and propaganda, and then it is absolutely fine."}
{"text": " Take the emotion out of your argument.  Why wouldn't they support this change?  It doesn't hurt them at all, and could potentially help their bottom line.  And by spearheading it for all retailers they make sure that they are all on the same playing field."}
{"text": " &gt;Nothing. Nothing at all is the problem, which is why i'm not sure why you aren't doing so right now. It's perfectly legal.   I've already explained this in other posts, but I'll say it again here:  Dollars have an unfair legal advantage to other potential-monies.  Understand?"}
{"text": " For larger items such as cars this is certainly possible; I've donated a car before (in Canada) and got a tax receipt that was probably worth more than I would have got from a dealer for the car. However with donations of this kind there are two obstacles: Two other options for you to consider. Most medium towns have used book shops which you can sell them to. If the used book shops don't want them then your books really aren't worth enough to be worrying about, in which case see option two: give the books to a charity or thrift shop and don't worry about the receipt. Sometimes a nice feeling is the best return you will get."}
{"text": " Still not easy to grasp for a 5-year-old, but they're entertaining. Particularly the second one, which is slightly less informative but a lot more fun. http://www.youtube.com/watch?v=d0nERTFo-Sk&amp;feature=fvwrel http://www.youtube.com/watch?v=GTQnarzmTOc EDIT: Yup, it's biased towards Hayek, but that much is pretty evident. I still think that the videos are worth a watch, if only to give you a small introduction to where the two of them stand on certain issues."}
{"text": " If you would like to find data on a specific industry/market sector, a good option is IBISworld reports. You can find their site here. You can find reports on almost any major US sector. The reports include historical data as well as financial ratios. In college projects, they were very useful for getting benchmark data to compare an individual business against an industry as a whole."}
{"text": " Yeah that's what I'm looking for.  The problem, I run my business at a loss, I do it out of love for the topic.  Trying to get someone to work full time at 10$/hr and be competent is difficult. Like you said, I'm giving many of these duties to part time contractors."}
{"text": " \"I must point that without the IT - no-one in the bank generates any revenue. Not to mention the fraud prevention and informational security. To the best of my knowledge - IT in banks and financial institutoins are paid very well for their services, and they earn every penny of it. IT is not just online banking or computer support. IT is the whole underlying infrastructure of the modern banking. Investor without the proper links to the stock exchanges will go elsewhere, loans that cannot be evaluated fast enough (using of course the IT infrastructure) will be taken from someone else, CD's for which the interest is calculated manually will probably not be as attractive as the CD's managed by the computers at the bank next door, credit and debit transactions, ACH, direct deposit, etc - cannot be done without IT. So IT is not expense, IT is infrastructure (and that is \"\"operations\"\" in the budget books). Every function of the bank that generates revenue - relies and depends on it.\""}
{"text": " If you are looking to transfer money to another person in the US, you can do do with no tax consequence.  The current annual gift limit is $14k per year per person, so for example, my wife and I can gift $56k to another couple with no tax and no forms. For larger amounts, there is a lifetime exclusion that taps into your $5M+ estate tax. It requires submitting a form 709, but just paperwork, no tax would be due. This is the simplest way to gift a large sum and not have any convoluted tracking or structured loan with annual forgiveness. One form and done. (If the sum is well over $5M you should consider a professional to guide you, not a Q&A board)"}
{"text": " I have a little experience with this.  My home state of Wisconsin was on this list until 2011. The thing to remember is that these states simply do not recognize the HSA.  What this means is that there are no state income tax advantages to the account, and no state tax penalties, either. Here are the implications: When you invest in a taxable account, your broker in many cases keeps track of cost basis for you.  However, when you invest inside an HSA, your HSA custodian will generally not keep track of any of this, because it is not normally needed.  Therefore, you need to keep track of any cost basis yourself, and when you sell, calculate the capital gain or loss on your state return. In my opinion, the HSA is a good deal even if your state does not recognize it.  The tax-free savings/investing is a great deal, even if only on your Federal taxes.  The state return will be a little more complicated, but the savings you get on your federal return are worth it. In my situation, our family spends the money in the HSA on medical expenses fast enough that we don't invest it in anything other than an interest-bearing savings account.  Therefore, we didn't have to worry about capital gains inside our HSA, and only had to add contributions and earnings to our state income.  I am very glad that our state now recognizes the HSA."}
{"text": " I understand what they are doing, and certainly don't disagree with your assessment.  HOWEVER, what I'm saying is that people are going to buy Birkenstock's on Amazon with or without the CEO's permission and thus with or without legit Birkenstocks (Read counterfeit).  My point is that they can either capture that distribution channels themselves or someone else will.  When American's buy shoes now, its turning more and more to online distribution.  Ignoring an online distribution channel is the same as ignoring cell phones if you're a pay phone provider.  All I'm saying is he can get on board or get out of the way."}
{"text": " They pick only one brand/supplier for a product. That cuts a whole lot of waste, guarantees their suppliers that Aldi will buy large and buy often so they can save money. Also their stores are smaller than some Walgreens, which means cheaper over head and less employees needed per store"}
{"text": " It's fake. It's not a leak.  &gt; According to **this rendered image,** Apple may be releasing a new line of Macbook Air computers in the color \u201cSpace Gray\u201d at their next conference.  And according to my anus, Apple may be releasing a new line of Macbook Air computers that can be inserted rectally."}
{"text": " Different risks require different hedges.  You won't find a single hedge that will protect you against any risk.  The best way to think about this is who would benefit if those events occurred?  Those are the people you want to invest in.  So if a war broke out, who would benefit?  Defense contractors.  Security companies.  You get the idea. You also need to think about if you really need to hedge against those things now or not.  For example, I wouldn't bother to hedge against global warming or peak oil.  It's not like one morning you're going to wake up, turn on CNNfn and see that the stock market is down 500 points because global warming or peak oil just hit.  These are things that happen gradually and you can react to them gradually as they happen."}
{"text": " what he doesnt mention is that when American was GREAT was largely the 50's and 60's .. a period characterized by stellar tax rates.  in 1944, FDR set the top marginal tax rate at 94% (for anything over today's equiv of $400k salary), and a corporate tax rate of 70%.   Cutting corporate tax rates, when ppl don't have any more to spend, will only create bigger CxO pay packets. What is happening today is that the extra profits are being used for buying back stock (not reinvesting bc nobody can buy more). That benefits only the top 0.01% of the population.  But the real worry is that these inflated stock prices are a mirage. Inside the companies are not doing any better. Soon its all going to collapse like a pricked balloon. Made worse by the lowering of tax rates. So much for MAGA."}
{"text": " The low payroll does help. Keep that in mind next time you see someone working at walmart, especially if you see they're doing a pretty good job. They aren't getting paid a whole lot to do it.   Also it's interesting to note that I didn't know a single one of us who didn't put a very large portion of our paychecks back into the store. Walmart has it pretty good with their associates... associates just don't always get a fair shake.   Part time gets health insurance after a year tho... and it's not too expensive... doesn't cover a whole lot but it will get you into the doc and 4 dollar scrips from the pharmacy don't hurt either."}
{"text": " \"The advantages of the TFSA are  This makes them great for 50-somethings who didn't do any saving yet, for whom clawbacks when they drawdown RRSPs will have a big impact on taxes and government-related income. It also makes them great for \"\"I will save up for that car / my downpayment / the kids skating fees next year\"\" when the money would come out of an RRSP at the same or even a higher tax rate and would not have time to compound for long. This may apply to you. And finally it makes them great for highly paid people who just don't know what the heck to do with all the money that is piling up and have no intention of ever using any of it while they're working, but have filled up their RRSPs. My 20-somethings are using them because they pay essentially no taxes now, so are waiting to use their RRSP room later. If you have money that you are saving for something other than retirement, put it in a TFSA. If you've maxed the RRSP and still have money left over, put it in an TFSA. If you have children, consider an RESP first, because of the bonus money. But don't think TFSA first unless it's for timelimited saving like towards a car or renovation.\""}
{"text": " \"Yes, in your laughably reductionist view, the average scores of black people are lower than the average scores of white people (which are lower than East Asians and Indians), so in your view that would make them stupider, on average. But that's a very misleading and superficial conclusion to draw from everything I've just covered.  You have no sources for your baseless criticism of the IQ metric, you have no understanding of the relative variance between heritable intelligence and individuals, and you have no understanding of how genetics works.  You're clueless, and your attempts to make a data-driven science into \"\"wah wah I interpret this as WAYCISST\"\" is truly funny as fuck. Thanks for the luls!\""}
{"text": " The incestuous relationship between America's richest one percent and their political lackeys and lobbyists is sickening American society, and yet the press pretends that everything will be just hunky-dory when housing starts pick up. The politicians manage to conduct political campaigns totally devoid of the real issue\u2014the huge and growing gap between the rich few and the impoverished many. Meanwhile our police, who are supposed to protect us, harass citizens exercising their First Amendment rights to assemble and protest injustice. Wake up, Wall Street: you can't shove this under the rug."}
{"text": " If you are the beneficiary of an annuity, you might receive a single-sum distribution when the annuity owner dies. The amount of this death benefit might be the current cash value of the annuity or some other amount based upon contract riders that the owner purchased. The tax on death benefits depends on a number of factors. Death benefits are taxed as normal income. Unlike other investments, the named beneficiary of a non-qualified annuity does not get a step-up in tax basis to the date of death. However, that doesn't mean the beneficiary will have to pay taxes on the full amount. Because the purchaser of the annuity made the investment with after-tax dollars, only the amount attributable to investment income is taxed, but it will be taxed as ordinary income and not enjoy any special capital gains treatment. When there is a death benefit that exceeds the value of the account, that additional amount is also taxed as ordinary income.  Taxes on annuities depend on several circumstances: For more information on distribution of inherited annuities and taxes - go to Annuities HQ-- http://www.annuitieshq.com/articles/distribution-options-inherited-annuity/ they go into details that could help you even more.  One thing that Annuities HQ points out is if you take the lump sum payout, you may be pushed into a higher tax bracket.  Along with doing research I would also contact a financial advisor!"}
{"text": " As user14469 mentions you would have to decide what type of properties you would like to invest in. Are you after negatively geared properties that may have higher long term growth potential (usually within 15 to 20km from major cities), or after positive cash-flow properties which may have a lower long term growth potential (usually located more than 20km from major cities).  With negative geared properties your rent from the property will not cover the mortgage and other costs, so you will have to supplement it through your income. The theory is that you can claim a tax deduction on your employment income from the negative gearing (benefits mainly those on higher tax brackets), and the potential long term growth of the property will make up for the negative gearing over the long term.  If you are after these type of properties Michael Yardney has some books on the subject. On the other hand, positive cash-flow properties provide enough rental income to cover the mortgage and other costs. They put cash into your pockets each week. They don't have as much growth potential as more inner city properties, but if you stick to the outer regions of major cities, instead of rural towns, you will still achieve decent long term growth. If you are after these type of properties Margaret Lomas has some books on the subject. My preference is for cash-flow positive properties, and some of the areas user14469 has mentioned. I am personally invested in the Penrith and surrounding areas.  With negatively geared properties you generally have to supplement the property with your own income and generally have to wait for the property price to increase so you build up equity in the property. This then allows you to refinance the additional equity so you can use it as deposits to buy other properties or to supplement your income. The problem is if you go through a period of low, stagnate or negative growth, you may have to wait quite a few years for your equity to increase substantially. With positively geared properties, you are getting a net income from the property every week so using none of your other income to supplement the property. You can thus afford to buy more properties sooner. And even if the properties go through a period of low, stagnate or negative growth you are still getting extra income each week. Over the long term these properties will also go up and you will have the benefit of both passive income and capital gains. I also agree with user14469 regarding doing at least 6 months of research in the area/s you are looking to buy. Visit open homes, attend auctions, talk to real estate agents and get to know the area. This kind of research will beat any information you get from websites, books and magazines. You will find that when a property comes onto the market you will know what it is worth and how much you can offer below asking price. Another thing to consider is when to buy. Most people are buying now in Australia because of the record low interest rates (below 5%). This is causing higher demand in the property markets and prices to rise steadily. Many people who buy during this period will be able to afford the property when interest rates are at 5%, but as the housing market and the economy heat up and interest rates start rising, they find it hard to afford the property when interest rate rise to 7%, 8% or higher. I personally prefer to buy when interest rates are on the rise and when they are near their highs. During this time no one wants to touch property with a six foot pole, but all the owners who bought when interest rates where much lower are finding it hard to keep making repayments so they put their properties on the market. There ends up being low demand and increased supply, causing prices to fall. It is very easy to find bargains and negotiate lower prices during this period. Because interest rates will be near or at their highs, the economy will be starting to slow down, so it will not be long before interest rates start dropping again. If you can afford to buy a property at 8% you will definitely be able to afford it at 6% or lower. Plus you would have bought at or near the lows of the price cycle, just before prices once again start increasing as interest rates drop. Read and learn as much as possible from others, but in the end make up your own mind on the type of properties and areas you prefer."}
{"text": " \"tl;dr:  Prosecutors probably thing they can't meet the \"\"reasonable doubt\"\" standard, and the deck is heavily stacked against lawsuits.  The whole running the company into the ground part is legal.  It's stupid, but no different than any bad boss that pits employees against each other.  Just on a much grander scale.  The real estate thing is extremely shady.  However, when you're the boss of a company, It's not considered theft to do business with another company you own.  The truth is Sears is drowning in debt.  The CEO offered an easy out.  They sell the property, and only pay reduced rent.  It also means closing stores is easier, and Sears is on the decline.  So, on its own, it's shady, but not the worst way of getting quick cash.  The fact that the CEO is responsible for that decline is what pushes things into potential legal trouble.  It's essentially a complicated form of theft.  One where if Sears goes bankrupt too early (before 2020 or so), his real estate business can't handle it and burns.  However, these sorts of executive theft are almost never prosecuted.  The best chance would be a shareholder lawsuit, but it would have to be against the entire board for supporting him.  Then you run into the issue that, while the board is \"\"elected\"\", the laws governing it allow for tricks that make the Russian election look sterling in comparison.\\*  Basically, if a CEO is backed up by the board, and not doing something blatantly illegal, they can probably get away with it.  Board elections tend to be rigged to the point that having a member that cares about the company, and all the minor shareholders is laughable.  \\* In addition to how the candidates are chosen, votes are cast, etc..., etc... many companies have several types of shares.  Some of which have no voting power, and some of which count for many times the vote of a normal share.\""}
{"text": " \"One option might be to set up a separate bank account and a separate credit card account, which you would use only for your ebay transactions.  I have a friend who does a lot of selling on ebay, and this is exactly what she did.   It's reasonable to want to protect your personal finances from any complications that might arise with PayPal and/or ebay.  But since you definitely have to provide a bank account and c.c. number (there's no way around this), the best solution might be to set up separate \"\"ebay-only\"\" accounts.  And be sure not to link them to any of your personal accounts, for added protection. If you're planning to do a lot of selling, this is probably a good idea anyway just for record-keeping purposes. If you do a lot of selling on ebay, you might consider setting up a \"\"merchant account\"\". There are some limitations on international transactions (currently you can't sell to residents of UK, Australia, or France), and payment processing is a few days slower. But there seem to be fewer fees/risks/etc associated with a  merchant account. I don't know much more about it, but here's an article from an ebay seller, including pros and cons of PayPal vs. merchant accounts. http://www.ebay.com/gds/Selling-on-eBay-without-PayPal/10000000021351301/g.html\""}
{"text": " \"Dividends are one way to discriminate between companies to invest in. In the best of all worlds, your investment criteria is simple: \"\"invest in whatever makes me the most money on the timeline I want to have it.\"\"  If you just follow that one golden rule, your future financial needs will be taken care of! Oh... you're not 100% proof positive certain which investment is best for you?  Good.  You're mortal.  None of us magically know the best investment for us.  We wing it, based on what information we can glean.  For instance, we know that bonds tend to be \"\"safer\"\" than stocks, but with a lower return, so if something calls itself a bond, we treat it differently than we treat a stock. So what sorts of information do we have?  Well, think of the stock market linguistically.  A dividend is one way for a company to communicate with their stockholders in the best way possible: their pocketbooks.  There's some generally agreed upon behaviors dividends have (such as they don't go down without some good reason for it, like a global recession or a plan to acquire another company that is well-accepted by the stockholders).  If a company starts to talk in this language, people expect them to behave a certain way.  If they don't, the stock gets blacklisted fast.  A dividend itself isn't a big deal, but a dividend which isn't shunned by a lot of smart investors... that can be a big deal. A dividend is a \"\"promise\"\" (which can be broken, of course) to cash out some of the company's profits to its shareholders.  Its probably one of the older tools out there (\"\"you give investors a share of the profits\"\" is pretty tried and true).  It worked for many types of companies.  If you see a dividend, especially one which has been reliable for many years, you can presume something about the type of company they are. Other companies find dividend is a poor tool to accomplish their goals.  That doesn't mean they're better or worse, simply different.  They're approaching the problem differently.  Is that kind of different the kind you want in your books?  Maybe.  Companies which aren't choosing to commit a portion of their profits to shareholders are typically playing a more aggressive game.  Are you comfortable that you can keep up with how they're using your money and make sure its in your interests?  It can be harder in these companies where you simply hold a piece of paper and never get anything from them again.\""}
{"text": " BHP Billiton has room to answer doubters as commodities rout batters debt notes in part: There has been speculation that the company could cut its shareholder   dividend, while Liberum Capital analyst Richard Knights has suggested   BHP might look to raise as much as $US10 billion ($14.3 billion) in   new equity capital. If the dividend is cut, you won't see 11% and the share price may well decline further. There is a possibility of big losses here given the change in the prices of the products the company sells. To add from another source The only reason BHP trades on a yield of more than 8% is because the   market is pricing in a cut to the dividend. According to consensus   earnings estimates for 2016 and 2017, earnings per share will be $0.86   and $1.27 respectively. Dividends per share forecasts are $1.83 and   $1.81 respectively."}
{"text": " Unfortunately I didn't go to any top uni haha so that's out of the window. I don't really have any relevant work experience, and it's a little too late for summer internships now, hence why I'm kinda relying on qualifications haha. However I am doing a course which I hope will help me out this summer."}
{"text": " Do you need the car? It depends on what your goals are. You're going to keep losing money on the car via means of the debt (which I assume you can't pay off without selling the car) and depreciation. If it was me, I would sell the car. But if you like it and you can afford it, then keep it."}
{"text": " The number of people around the world born into poverty and extreme poverty is decreasing, both in relative and absolute terms, has been for over a hundred years. This is a systematic improvement in the poverty problem we face as humanity as a whole.   If you are a middle class american, which based on your comments I assume you are,  I assume you make more than $50/day per person in your household. That income level puts you above 93% of the world population.   Looking at your usage of 25/50/25 percentile breakdowns, this puts you well into the upper class, and yet you claim to be impoverished.  I don\u2019t say this to imply that life is not difficult or that the system is not rigged, but to put things in context.  I think there is a valid argument to be made here, but you can\u2019t make it by choosing to redefine words that have real world meaning to fit a narrative you want to tell yourself.   As soon as you redefine words for convenience or choose to repeatedly ignore data, you are no longer having a discussion and you are only talking to yourself. If you continue to do this, I will leave you to talk at yourself by yourself."}
{"text": " Suddenly, I am reminded of images of snakes eating their own tails. The kind of person who works at McDonald's, also eats at places like McDonald's.   There's an endgame for this strategy and it's not one that businesses like McDonald's will like."}
{"text": " The conspiracy theorist in me says this is a huge bet on a future of high crime and civil unrest in the US. Otherwise, why would owning most of the American consumer gun industry be such an attractive investment, unless you're banking on a high demand for guns?  EDIT: Either that, or they're possibly betting on the US invading yet another country, depending on how heavily these companies are involved in military contracting. If I want to spin conspiracy theories, anyway. Probably they're just undervalued companies, like any others. But it's awfully intriguing..."}
{"text": " I never said Lyft passed Uber  * NOW + 2 years != NOW * x &lt; 2y != abs(x) &gt; abs(y)  As far as the numbers, I was conflating adjusted net revenue for Uber with their gross bookings, my bad. Still, once Alphabet invests in Lyft, I bet Lyft will overpass Uber."}
{"text": " Stupid article. The whole idea of pressing 3 far-away keys to reset the system is so it won't happen accidentally.  And Windows became very stable lately that I can't recall pressing these buttons in a looooonnnnggggg time."}
{"text": " This is complicated but I think I know what you mean. I guess it would depend on how the UK would be broken down into states. I mean we have states the vary in population from Wyoming to California. But the article the OP is referring to was written in response to income inequality in the UK. So I guess the fact that depending on how we break the UK down it could rank high or low makes the authors point, there is also a lot of income inequality in the UK."}
{"text": " Now, I have kept this money and after interval of 6 month or year whenever the USD price go up, I do exchange with Indian currency and deposit in my account. Now do I have to pay Tax on this money?  No you are not required to pay any tax as the income was accrued when your were NRI for tax purposes. The Foreign currency upto USD 2000 can be held by an individual without any time limit. i.e. you can convert then whenever you want. There is nothing that needs to be declared in Tax Returns."}
{"text": " This thread has been linked to from elsewhere on reddit.    - [/r/bestof] [/u/Beebles1 explains how to break into the finance sector](http://np.reddit.com/r/bestof/comments/2dl483/ubeebles1_explains_how_to_break_into_the_finance/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*"}
{"text": " \"There are a lot of unintended consequences of fairly arbitrary IRS guidelines when it comes to 401Ks, they both close and create tons of loopholes and many companies are left to implement their own policy around these laws. Ultimately what you are left with are a lot of random things, interpreted differently by every single company in the country, that aren't directly codified by the IRS or Congress. If you have a choice regarding what brokerage firm manages your 401(k), then just call around. Be sure to ask the pencil pusher on the phone to double check because they might say \"\"OF COURSE you can get paperless statements it is 2015\"\" but then when you sign up it becomes \"\"ooohhh sorry due to recent guidelines this kind of account isn't eligible for paperless statements\"\"\""}
{"text": " When someone charges, it means that person fix the price you pay. Australia is part of the Indonesian continent. It is an island in the South Pacific ocean. In the price of an item, you include the shipping cost. It is more expensive by plane because the cost of the kerozen is higher than the cost of diesel for ships. Accident can happen, so you have to include in price the cost of the insurance."}
{"text": " They don't need us as much any more. They even have an alternative to SWIFT ready if the West wants to be dumb and play war games with China.    **Exclusive: China's international payments system ready, could launch by end-2015 - sources**    http://www.reuters.com/article/us-china-yuan-payments-exclusive/exclusive-chinas-international-payments-system-ready-could-launch-by-end-2015-sources-idUSKBN0M50BV20150309    This move by the West will further cement the end of the US dollar (and US hegemony) as the world's reserve currency."}
{"text": " Or you know the US could spend less on Politicians, Wars and other useless crap and use the billions they would save to fund bridges/roads, schools and hospitals. Those departments you mentioned wouldn't even see a penny from that $29 billion."}
{"text": " \"Well sounds like Disney is gonna have less people watching their movies, lol  How many people who have Netflix are going to go \"\"Oh yeah definitely I'm going to pay for yet *another* streaming service!\"\" vs how many people are they going to pick up who don't already subscribe to netflix (hint not many).    So Disney is not going to gain *new* viewers, they are just going to attempt to take them from netflix, but with *only* a few hundred movies, good luck keeping them subscribed.\""}
{"text": " Math time.  24 means 2 years out of college, or 6 years out of highschool, the latter being much more plausible given the poster's content quality.  $100k / 6 = $16.7k/year  16.7k / 52 weeks = $321/week  $321 / (11/hr * (1 - 15% taxes)) = 34 hours per week.  So he worked 34 hours per week, without fail, for 6 years, with NO expenses of any kind whatsoever.   OR, much more likely, he managed to save only $10k, not $100k in 6 years."}
{"text": " Amazon technically doesn't have a monopoly.  They have huge companies that are direct competitors in every verical they are in:  Walmart - retail  Safeway - Groceries  Google and Microsoft - Cloud  Netflix - Streaming  Costco - Discount pharmaceuticals   Amazon would violate anti trust laws if they did stuff like: force their vendors to give them a cheaper rate or they would turn off their AWS or something like that."}
{"text": " \"We were on the \"\"gold standard\"\" in name only since about 1910. There was not enough gold to remotely back the US currency, which is why during the great depression when people started wanting to turn their cash back in to gold there was no enough, and gold possession had to be outlawed (well, partially). So no, we were not on a gold standard.  Secondly, when you're on a (any fixed item) standard, your economy only can grow at roughly the rate you fond more of the (fixed item). There are many reasons for this, and it is partially why for thousands of years of various gold standard there was so little economic growth. Once countries stopped limiting the amount of total economic growth to the amount of gold they could dig up, that economies were able to grow at the sustained rate they have for the past 200ish years.  So, besides the fact that the US has not in modern history been backed by gold, despite the name, there is ample evidence from hundreds of economies and thousands of years that being on a gold standard = little or no economic growth.\""}
{"text": " http://norton-scientificmedical.com/resources/2012/06/06/thousands-of-tubes-damaged-at-calif-nuclear-plant/     Over 1,300 tubes containing radioactive water inside San Onofre nuclear plant's steam generators in California has been reportedly damaged enough that they need to be taken out of service. To date, the safety of tubing that snakes around the plant's 4 steam generators were installed in a multimillion-dollar upgrade three years ago. According to the company's official statement on Monday, 807 tubes in Unit 3 and 510 tubes from Unit 2 reactors were retired. Every generator has almost 10,000 tubes and the total number of plugged tubes would not affect a proper operation of the plant.  The chairman of Edison, SCE's parent company, reportedly called investors to notify them of the premature wear found in around 1% of 39,000 tubes in the generators. A nuclear watchdog Norton Medical and Scientific Research &amp; Biotechnology issued a warning, saying in effect that it seems \u00abthe new steam generators are falling apart and Edison doesn't know why. It would be foolhardy to restart, even at reduced power, under the current circumstances.\u00bb The nuclear plant is owned by the Riverside City together with San Diego Gas and Electric and SCE. A joint statement released last week by the California Independent System Operator and Edison gave possible dates this June for planning. However, government regulators were quick to assert that there is no timetable for a restart -- something that would still need a federal approval. The alert concerns stemmed from an incident in January when the third reactor was shut off after a tube broke. But although radiation has escaped during that time, officials were quick to assure residents and workers that there was no imminent danger. Earlier that month, the second unit was shut down for its regular maintenance but investigators discovered instead of premature wear on hundreds of tubes that were only installed 2 years ago by Mitsubishi Heavy Industries. (The first unit operated on 1968 was dismantled in 1992.) The tubes stand for a crucial safety barrier, that is, if a tube breaks then there is considerable chance for radioactivity to escape onto the atmosphere. Serious leaks could also use up the protective cooling water employed in a reactor. SCE estimates that the repair expenses could cost about USD 55 to 65 million, aside from the initial USD 30 million it has spent to replace the output from the 2 reactors earlier this year."}
{"text": " \"In finance, form is function, and while a reason for a trade could be anything, but since the result of a trade is a change in value, it could be presumed that one seeks to receive a change in value. Stock company There may have been more esoteric examples, but currently, possession of a company (total ownership of its' assets actually) is delineated by percentage or a glorified \"\"banknote\"\" frequently called a \"\"share\"\".  Percentage companies are usually sole proprietorship and partnerships, but partnerships can now trade in \"\"units\"\".  Share companies are usually corporations. With shares, a company can be divided into almost totally indistinguishable units.  This allows for more flexible ownership, so individuals can trade them without having to change the company contract. Considering the ease of trade, it could be assumed that common stock contract provisions were formulated to provide for such an ease. Motivation to trade This could be anything, but it seems those with the largest ownership of common stock have lots of wealth, so it could be assumed that people at least want to own stocks to own wealth. Shorting might be a little harder to reason, but I personally assume that the motivation to trade is still to increase wealth. Social benefit of the stock market Assuming that ownership in a company is socially valuable and that the total value of ownership is proportional to the social value provided, the social benefit of a stock market is that it provided the means to scale ownership through convenience, speed, and reliability.\""}
{"text": " \"This effect has much empirical evidence as googling \"\"dividend price effect evidence\"\" will show. As the financial economic schools of thought run the gamut so do the theories.  One school goes as far to call it a market inefficiency since the earning power thus the value of an equity that's affected is no different or at least not riskier by the percentage of market capitalization paid. Most papers offer that by the efficient market hypothesis and arbitrage theory, the value of an equity is known by the market at any point in time given by its price, so if an equity pays a dividend, the adjusted price would be efficient since the holder receives no excess of the price instantly before payment as after including the dividend since that dividend information was already discounted so would otherwise produce an arbitrage.\""}
{"text": " Typically the debt is held by individuals, corporations and investment funds, not by other countries. In cases where substantial amounts are held by other countries, those countries are typically not in debt themselves (e.g. China has huge holdings of US Treasuries). If the debts were all cancelled, then the holders of the debt (as listed above) would lose out badly and the knock-on effects on the economy would be substantial. Also, governments that default tend to find it harder to borrow money again in the future."}
{"text": " nowhere near enough information to really help you.  Price it to an IRR of about 25% in 4 years as your business has little to no history.  For small business in most sectors you can use a rule of thumb, 2x net + FFE.  For me personally, I wouldn't touch a business only 6 months old."}
{"text": " It is a very bad idea in almost all circumstances to borrow/withdraw from an IRA (or other retirement account) for a down payment on a house and I would only suggest it as a last resort. Even as a last resort it is a bad idea, and I'd suggest you aren't ready to buy a house until you have enough non-retirement money to do the deal. In your case you have money in savings, you should absolutely do that. If you don't feel comfortable using your emergency fund, you need to keep saving until you can afford to buy a house. Your retirement fund isn't a piggy bank for when you need money now, it is a payment you make to keep a decent lifestyle later in life. When you are retired your options for alternate income streams will be much more limited.  The biggest hidden cost is the opportunity cost of not having that money working for you. Your final retirement balance is very likely (when done correctly) going to be mostly comprised of the return on your investment more so than the money you put in. While you are young your greatest asset is time for that money to grow, don't throw that away when you have viable options! The other problem, if you are talking about an employer plan (401K/Roth) is that if you lose your job you will have 60-90 days to pay back the loan or it will be considered a distribution and subject to taxes plus a 10% early withdrawal penalty. This happened to a bunch of my friends from work when our company got bought by another company forcing them to close the old 401K plan and transfer to the new one. Short version: Don't touch retirement money for non-retirement things unless it is a life/death emergency and you have no other options."}
{"text": " Regardless. It\u2019s a guaranteed 5.x%. Reducing student loans also allows you other benefits; i.e. reduces your credit risk allowing you to pull out more credit at a cheaper rate in the future etc. Unless you strongly believe in current bull market continuing.. (there is a high overvaluation from market principles atm and it has been the longest rise in history), you should go for the guaranteed change. Additionally, if your loan is pegged to variable interest rates such as the fed funds rate, be cognizant that the fed will probably continue rising rates for the near future of good times continue, meaning your rates will go up while markets go down. Long story short, would recommend paying down debt unless you\u2019re quite confident in your skills.  Edit: quick note that if you can do both, this is the best option."}
{"text": " Apparently, you have never visited with any Elders.  The money provided by the government has undermined the work ethic of the native Americans which is why drug and alcohol abuse is rampant in their communities.  If you pay some to do nothing they will do nothing."}
{"text": " You notice, how at the base of all these funds, investment decisions are still made by humans. For instance, long the dollar, long oil, short this or that, etc. Although quant funds employ a lot of tech and math, it all still boils down to what the managers want to bet on."}
{"text": " &gt; TL;DR - I would have added three or more skilled workers to our economy in high school if I did not have to pay them minimum wage. I personally was priced out of hiring people because of it, so I hate it.  Yah, fuck the gubment. I couldn't get a bunch of slave labor on the cheap. I mean fuck if they hann't outlawed slaves I could have a thriving plantation and give all dem fools a place to live."}
{"text": " \"It seems like if that were true, then if everyone were in one group, you'd get the biggest discount of all.  My preference has been for single payer, but recently I saw a guy suggesting single-group, multi-payer, or SGMP. This was just a comment from a physician in a medical journal, and I don't have the link and haven't been able to find out anything more about it, but it seems intriguing. It had something to do with insurance companies bidding to provide coverage services.  edit: [Here it is](http://www.nejm.org/doi/full/10.1056/NEJMp1211514#t=comments):  &gt; JOEL SPALTER, MD | Physician - Infectious Diseases | Disclosure: None  &gt; FAYETTEVILLE AR  &gt; October 02, 2012  &gt; Single Group Multi-Payer  &gt; True reform resulting in universal health insurance and access to care is achieved by state mandates for insurance with replacement of individual or group underwriting with underwriting by \"\"Dutch auction\"\" for a percentage of the single group consisting of all of the residents of a State \u2013 Single Group \u2013 Multi-Payer (SGMP). Each successful insurance company would be responsible for payment of the percentage of the total costs for medical services equal to the percentage of the population insured. This preserves the integrity of the bidding process.    &gt; States are free to establish the public contribution to premiums. SGMP prevents exclusion of insurance for pre-existing conditions or due to genetic background, absent individual underwriting; guarantees maintenance of health care insurance independent of place, or even existence of employment; assures equality of access to providers due to a single established remuneration scale; and assures patients' choice of providers free from any empanelling by insurance companies. Market forces will govern providers' attempts to gain and hold market share.   &gt; A single group eases statistical comparison, with EMR, of 50, State patterns of care.\""}
{"text": " It is supported by inflation and historical values. if you look at real estate as well as the stock market they have consistently increased over a long period of history even with short term drops. It is also based on inflation and the fact that the price of land and building material has increased over time."}
{"text": " \"The real question is what can you NOT do!  If you track all your monetary actions, you know everything about your monetary situation.  That means you have the tools to ask and answer \"\"what if\"\" questions, such as: \"\"If I get a 10% raise, could I take longer vacations?\"\"  You could calculate how much you spend per day on vacation and then consider the amount of your raise and how much of it you'd need to allocate to vacations to, say, be able to take a two-week vacation instead of a one-week vacation. \"\"How much more would I have to earn to move to this nicer apartment?\"\"  This may seem like a simple question, but a surprising number of people can't answer it in a reliable way, because they don't have a clear understanding of how much money they make and how much of it they can afford to spend on housing.  If you find you have lots of spare income, maybe you can move to the nicer place right away; if not, at least you can get a sense of how much more money you'd need to make it happen. \"\"If I started taking the bus to work, how much would I save?\"\"  You can look at how much you spend on gas and compare that to the price of a bus pass.  By separating out categories like gas, repairs, and car insurance, you can also calculate different scenarios, like if you still kept your car but only used it for occasional trips, versus if you sold the car and used only public transportation. \"\"If I want to take a trip to Tahiti, what can I cut back on to save the money?\"\"  Using your table you can pencil out scenarios like \"\"Suppose I stop eating out for lunch at work and just bring my lunch, how long would I have to do that to save enough to pay for a plane ticket?\"\" These are just a few random examples.  The general idea is that with a record of hard numbers, you can start to consider potential tradeoffs in an objective way --- that is, you can ask \"\"how much in category X would I have to give up to gain this thing I want in category Y?\"\" The real trick in making use of your data is not so much \"\"what\"\" you can do, but \"\"how\"\" exactly to do it.  You may have to become more of a spreadsheet wizard to really delve into these questions.  Also, if you have programming expertise, you can even use something like Python to do calculations that might be laborious in a spreadsheet.\""}
{"text": " &gt;Conclusion   &gt;Covert operations organized and abetted by foreign governments have played a substantial role in the political and economic development of poorer countries around the world. We look at CIA-backed coups against governments which had nationalized a considerable amount of foreign investment. Using an event-study methodology, we find that private information regarding coup authorizations and planning increased the stock prices of expropriated multinationals that stood to benefit from the regime change. ***The presence of these abnormal returns suggests that there were leaks of classified information to asset traders.*** Consistent with theories of asset price determination under private information, this information often took some time to be fully reflected in the stock price. We find that coup authorizations, on net, contributed substantially more to stock price rises of highly exposed companies than the coup events themselves.   &gt;This suggests that most of the value of the coup to the affected companies had already been anticipated and incorporated into the asset price before the operation was undertaken."}
{"text": " I don't disagree with what you're saying, but I think the approach of your article is flawed. It reads like a different person than the one that wrote your comment authored it. I believe that significantly detracts from any actual discussion."}
{"text": " \"&gt; Income inequality comes from too much government intervention...  Right, those Monopoly games all ended the way they did due to government interventions.  &gt; ...the divergence in income growth began around the same time as the increase in regulatory burden.  Correlation does not prove causality.  &gt; Look up the Mercatus Center's regulatory growth studies.  You think I'm going to accept studies about government intervention from a think-tank headed and funded by Koch Industries people and groups and self-describing itself as \"\"the world\u2019s premier university source for market-oriented ideas\"\"?  Can you find something from a group that at least appears to be impartial?\""}
{"text": " Andere open brandhout zoals eik brandt langzaam maar maakt goed open haard hout. Al het hout is kunstmatig gedroogd om u perfect verwarming ervaring in de late winter 's avonds evenals het behoud van milieu veilig en gezond . Krijg gedroogd brandhout in grootte blokken om gemakkelijk een voorraad op uw haard ."}
{"text": " fine because the application was declined anyway. No it isn't fine. Credit card applications generally need a hard pull, so get it rectified. Firstly check if an application was really made on your behalf. Some companies use this ploy to pull you into a scheme of making you apply for a credit card. Secondly call up the credit card company and ask them about the details of who had made the application as you haven't done so and inform them that it was a fraudulent application. It might be somebody is using your personal details to do a identity theft in your name. Thirdly get in touch with the credit rating firms and see if a check has been made on your credit report. Dispute it if you see a check in your record and have it removed from your report. If you subscribe to credit agency, get the identity theft protection, helps you in such cases. And finally keep a diligent eye on your credit records from now on. Once bitten, twice shy."}
{"text": " I would be happier with everyone getting the same discount that churches do. If we are going to pretend that the state should have any power at all then it should be charging everyone the exact same price.  And not playing favorites. At least most churches are voluntary and not forced geographic monopolies."}
{"text": " Employment numbers will have to reflect the gains that those hurricanes produce in the coming months. It is a temporary job loss but the hurricanes add many jobs, from construction to tree and debris removal to car dealerships, etc. These storms create a positive influx of money to the local economies."}
{"text": " \"&gt;If mounting debt is such an issue, why do all the markets act as though the US is perfectly solvent?   They don't. China, Russia and most emerging markets are selling U.S. treasuries faster and faster. They have started doing so a couple years ago and are doing so at a higher pace now. They sold record numbers of U.S. treasuries in June. Many countries are forging trade partnerships with each other to get away from U.S. debt and even the U.N. and IMF are calling for an end to the dollar as the global reserve currency because it no longer deserves that status, largely due to increasing debt. By the way, the Fed is owning a larger and larger portion of U.S. debt these days.  &gt;Why is our interest rate so low, and why do investors around the world continue buying Treasury bonds?   The federal reserve keeps rates low. Investors speculate about the future of the market all the time, but they are starting to dump them now http://www.bloomberg.com/news/2014-08-15/u-s-investment-outflow-reaches-record-as-china-sells-treasuries.html http://www.reuters.com/article/2014/08/15/usa-economy-capital-idUSL2N0QL0T520140815  http://www.ft.com/intl/cms/s/0/eaccbe18-aea6-11e3-aaa6-00144feab7de.html  &gt;The total net outflow of long-term U.S. securities and short-term funds such as bank transfers was $153.5 billion, after an inflow of $33.1 billion the previous month, the Treasury Department said in a report today. The June figure, and $40.8 billion in net selling of Treasury bonds and notes by private investors in June, **were the largest on record, the Treasury said.**  &gt;\"\"This is a disappointment and is a negative for the dollar. Clearly, the United States is having a hard time attracting investments to offset its current account deficit,\"\" said Michael Woolfolk, global market strategist at BNY Mellon in New York.  &gt;Central banks sold US Treasury debt at the start of the year, according to the latest official data released on Tuesday, as stress among emerging market countries intensified. Declines in Treasury holdings were seen for Thailand, Turkey and the Philippines, which sold $3.9bn, $3.3bn and $1.5bn respectively during January.   Wow look at that. Did you just dismiss all evidence that proves you wrong? I think so!\""}
{"text": " Congrats! That's a solid accomplishment for someone who is not even in college yet. I graduated college 3 years ago and I wish I was able to save more in college than I did. The rule of thumb with saving: the earlier the better.  My personal portfolio for retirement is comprised of four areas: Roth IRA contributions, 401k contributions, HSA contributions, Stock Market One of the greatest things about the college I attended was its co-op program. I had 3 internships - each were full time positions for 6 months. I strongly recommend, if its available, finding an internship for whatever major you are looking into. It will not only convince you that the career path you chose is what you want to do, but there are added benefits specifically in regards to retirement and savings. In all three of my co-ops I was able to apply 8% of my paycheck to my company's 401k plan. They also had matching available. As a result, my 401k had a pretty substantial savings amount by the time I graduated college. To circle back to your question, I would recommend investing the money into a Roth IRA or the stock market. I personally have yet to invest a significant amount of money in the stock market. Instead, I have been maxing out my retirement for the last three years. That means I'm adding 18k to my 401k, 5.5k to my Roth, and adding ~3k to my HSA (there are limits to each of these and you can find them online). Compounded interest is amazing (I'm just going to leave this here... https://www.moneyunder30.com/power-of-compound-interest)."}
{"text": " The point of short-selling as a separate instrument is that you can you do it when you can't sell the underlying asset... usually because you don't actually own any of it and in fact believe that it will go down. Shorting allows you to profit from a falling price. Another (non-speculative) possibility is that you don't have the underlying asset right now (and thus can't sell it) but will get it at a certain point in the future, e.g. because it's bonds that you've used to guarantee a loan... or grain that's still growing on your fields."}
{"text": " \"I have never said anything about liking Obama, so that's pure projection on your part. Classic attitude of wanting to see something so bad, that you see it even when it's not there.   What you fail to realize is that the stories that Fox News (and many other \"\"news\"\" organizations, but your demo seems to REALLY love Fox because they tell you all what you want to hear and play right into your confirmation bias) are based a handful of crazy people out of literally billions. There's crazy Muslims, there's crazy Atheists, there's crazy Catholics. Your fear mongering attitude talks about a group of a few people thousands of miles away, while ignoring the fact that nearly all mass attacks, acts of terrorism, etc in this cointry are done by white, Christian, American citizens. I think YOU should be illegal.\""}
{"text": " If all the land was created the price would fall out the bottom and all the farmers would go out of business.  That is why doing things like supporting corn based ethanol is smart as we then can let them grow it and not drop the price down."}
{"text": " The real, short-term effect is that prices will go up a bit, have no effect on the amount of actual travel, and the government(s) that impose this tax will rake in more money to waste.  This is what the governments actually want, but CO2 emissions is a good way to sell it.  The long-term effect is that people will be just a bit more, on the margin, likely to avoid interacting with the European economy, which sucks for everyone."}
{"text": " \"As someone who's done quit a bit of home improvement and seen positive ROI, I can speak from some personal experience.  All of this assumes you do the unskilled labor yourself and shop around for relatively cheap plumbers, electricians, etc. First, never underestimate the resale value added by a can of paint.  This assumes you have, or know someone with a good sense of style that can help improve the aesthetics of the home significantly.  White walls can be so boring to homebuyers and so many of them can't see through the 1/16 of an inch of white paint. Second, look for shortcomings in the house as-is. Anyway, these are some common upgrades.  The big thing is to find something you are reasonably comfortable doing yourself and that you will enjoy.  Realize that if you're new to this most projects will cost twice what you budget and take four times as long!  The pride of having done it yourself and put in the sweat equity makes it worth it though (usually). Edit To better answer your modified question, I'm adding to my answer.  So if I understand it, your question is now \"\"At what rate is it sane to invest in our house vs. outside investments\"\".  This is really just a matter of balancing risk vs. lifestyle.  With most upgrades there is no financial benefit to investing in upgrading your home now vs. 5 years from now right before you sell.  You could be making 10% in mutual funds until then and then invest in the upgrades right before you sell.  There is obviously a physical limit to how fast you can do these improvements yourself, but front-loading this now at the beginning of your timeframe as opposed to the end is not an investment decision, it is a lifestyle decision.  Not saying \"\"Don't do it\"\", but don't rationalize it to yourself as \"\"we're saving money by doing this now.\"\"  Maybe use the rationalization \"\"We want to enjoy these upgrades and not just add them before we move out.\"\" One exception to that - I'd plant any trees now and make sure they have a good water supply.  Good trees take a while to grow, and doing that sooner rather than later will help.\""}
{"text": " No, you can not use Schedule C for a Corporation. If you treat the business as a sole proprietorship, i.e.: not a separate legal entity and not a separate financial entity - then you can. If that's how you treat your corporation, then you can continue using Schedule C, but there's no reason whatsoever to continue being a corporation either since the corporate liability protection veil is likely to be long gone. Generally, corporations file form 1120, S-Corporations file form 1120S."}
{"text": " First off, let me just say that you are an intelligent individual, and regardless of how heated this conversation gets I really appreciate the opportunity to talk with you about this.  I definitely don't disagree with you that Germany **got** it's debt by a different means and that the mechanisms that kept it in debt are different from the mechanisms that are effecting us today, but the discussion we're having does have everything to do with debt! We've been deficit spending for generations and we're trillions in the hole, and that's the psychological issue hanging over our heads.  I'm not arguing with the accepted principles of Macroeconomics. In fact, what's just occurred to me is that we could put together another Bretton-Woods type conference (which would hopefully learn from the mistakes of the previous systems) so we can design a system that will keep inflation low while we dump money into the economy. From what I understand, inflation has always been lower while these (albiet flawed) previous systems were in place, and the issue in my mind with dumping money while the debt situation is such a concern, is that speculators could sh*t the bed and devalue our currency"}
{"text": " People will never stop being items they need. Clothes,Computers, Phones, Cars, Furniture etc.  The problem the way I see it is that we lost mainstream culture. In general, we define our identify via the goods we purchase. Are we iOS or Android, Bike or Car, Vegetarian or Meat, Democrat or Rebublican. Nothing matters anymore. Today you can be anything you want and you will find a community that supports your worldviews. Grunge is not dead, as Punk or Goth is not dead, even Juggalos or fist pumping guido's have their space. Retail is fragmented obliterating the need for large Department stores."}
{"text": " I have run Noscript and a version of ad blocker for years.  Google is not doing it for us but to protect their precious ad revenue. Less intrusive ads might not get blocked.   I also really hate the ads that blink. That is what got me started on ad blocker.   All I can say is that it's about time that some restraint was used to keep the visual and auditory pollution down."}
{"text": " Hmmm... I am self employed.. and I spend what ever time is necessary to learn the required skills... this year I spent hundreds of hours learning about website development.  Ultimately it's your choice... if you can outsource some of the learning curve, why not...  You either need to have the skills yourself, or know people who can do the work for you. BTW.. finding the right people is another skill."}
{"text": " When the market moves significantly, you should rebalance your investments to maintain the diversification ratios you have selected. That means if bonds go up and stocks go down, you sell bonds and buy stocks (to some degree), and vice versa. Sell high to buy low, and remember that over the long run most things regress to the mean."}
{"text": " My theory, if you must be in debit, own it at the least expense possible. The interest you will pay by the end, combined with the future value of money. Example: The Future value of $3000 at an effective interest rate of 5% after 3 years =$3472.88 Present value of $3000 at 5% over 3 years =$2591.51 you will need more money in the future to pay for the same item"}
{"text": " \"It's not quite as bad as the comments indicate. Form 1040ES has been available since January (and IME has been similarly for all past years). It mostly uses the prior year (currently 2016) as the basis, but it does have the updated (2017) figures for items that are automatically adjusted for inflation: bracket points (and thus filing threshhold), standard deductions, Social Security cap, and maybe another one or two I missed.  The forms making up the actual return cannot be prepared very far in advance because, as commented, Congress frequently makes changes to tax law well after the year begins, and in some cases right up to Dec. 31. The IRS must start preparing forms and pubs -- and equally important, setting the specifications for software providers like Intuit (TurboTax) and H&RBlock -- several months ahead in order to not seriously delay filing season, and with it refunds, which nearly everyone in the country considers (at least publicly) to be worse than World War Three and the destruction of the Earth by rogue asteroids. I have 1040 series from the last 4 years still on my computer, and the download dates mostly range from late September to mid January. Although one outlier shows the range of possibility: 2013 form 1040 and Schedule A were tweaked in April 2014 because Congress passed a law allowing charitable contributions for Typhoon Haiyan to be deducted in the prior year. Substantive, but relatively minor, changes happen every year, including many that keep recurring like the special (pre-AGI) teacher supplies deduction (\"\"will they or won't they?\"\"), section 179 expensing (changes slightly almost every year), and formerly the IRA-direct-to-charity option (finally made permanent last year).  As commented, the current Congress and President were elected on a platform with tax reform as an important element, and they are talking even more intensely than before about doing it, although whether they will actually do anything this year is still uncertain. However, if major reform is done it will almost certainly apply to future years only, and likely only start after a lag of some months to a year. They know it causes chaos for businesses and households alike to upend without advance warning the assumptions built in to current budgets and plans -- and IME as a political matter something that is enacted now and effective fairly soon but not now is just as good (but I think that part is offtopic).\""}
{"text": " iTunes U has a wealth of content from highly respected universities including Yale, Harvard, Wharton, MIT, etc. If I were fifteen and looking to build some business acumen and savvy, that is where I would start. In particular, I find Harvard business review idea casts to be thought provoking and very timely. In addition, they generally focus on disruptive business models.    Good luck."}
{"text": " Yep, IMO level 1 is vastly underrated.  At 8 amps, I can charge at about 3mph.  At 12 amps it's about 4.5mph.  If I can plug my car at work into a plain old 15 amp outlet for 8 hours, I'll add between 24 and 36 miles of range to my battery.  For most people, that's more than their one way drive into work.  So if I leave my house with a full charge, I'll leave work with a full charge too.  The primary advantage is that it doesn't cost much to install a couple dozen electrical outlets in a parking lot.  BYO charge cable.  I travel frequently, and I would love to see more outlets in hotel parking lots and parking garages."}
{"text": " At one point it was illegal to melt silver coins in the US, but it is legal now.  I don't know that will happen with copper coins, but that's what happened with silver coins. Accumulating nickels and leaving them as-is (in their spendable state) is legal.  It's also a way to take physical ownership of copper. I expect to see more sales of nickels based on weight.  People are already selling high-copper-content cents on eBay, by weight.  There are machines in production that sort the zinc ones from the copper ones.  Gresham's Law has small business backing. ;) Copper cents are already worth twice their face value in the copper content.  Nickels will get up there, too. They are awfully heavy and bulky relative to their value, though.  Precious metals give you better bang for your ounce."}
{"text": " I just cancelled Fresh because of the monthly fee and the fact that they were always out of things we wanted to order. We switched to a local grocery chain that offers delivery and online order pickup. They have more delivery times available, better stock and no monthly fee. I'll definitely check out Fresh again once they get some good integration with the WFM stores."}
{"text": " \"The question for each business will have to be \"\"does automation make sense\"\"? There is a cost associated with switching, but is that greater for the business than keeping employees at a higher wage?  Also, we've seen little enough of automation at the customer service level, that we don't know if the customer base will respond well to it... Is this going to be another lesson learned like offshoring?  This is still just a shock. I have a gut feeling that outside of limited applications in the fast food industry, automation of service jobs will be more similar to grocery store implementations of self service registers than anything else.\""}
{"text": " Removing emotions from decision making is autistic. Imo people fail to be a fit because most people have empathy and emotions. You want a bunch of computers to run your shit fine, but to acknowledge their behavior is anything short of being on the spectrum is naive"}
{"text": " \"We are fast food enemies.  The thought of Arby's makes me laugh like a child on Hannukah. I may have a roast beef monstrosity today, as a matter of fact! Their curly fries are heavenly and a tub of their horsey sauce has been the champion on Iron Chef for 3 years running.  Wendy's, on the other hand, is a disgrace to the burger world. Their square, \"\"never frozen\"\" patties taste fine, but the mealy texture is incredibly offputting. Their new fries are a marked improvement from the pale yellow, saltless worms they used to fix. Their menu is almost impossible to read and changes too often. They fucked up the frosty; I should never have to specify the flavor for the love of God.   I have never been to a Tim Horton's, which I'm bummed about, because I've heard good things.  How do you feel about McDonalds?\""}
{"text": " Supply and demand. The market needs highly competent software engineers, and will pay out the nose for them. It needs liberal arts majors too, but there are a lot more of them out there, so wages are lower. Oddly enough, it seems more of the liberal arts majors - and I was one of them once - have developed a pretty strong sense of entitlement, and get pissy when they don't see the same kinds of incomes and perks as the guys with the more marketable skills. Cue OWS!"}
{"text": " I wonder if this comment would be better under a conspiracy. But you know the banks can claim your income tax for payment of your college loans, and that the government is increasing how much you can get back on your income tax. Basically, isn't that just to get government money and giving it to the big banks?"}
{"text": " \"That's a pretty good question for a six-year-old! In addition to the good answers which point out that expectations are priced in, let's deny the premises of the question: Sales do not increase the value of a company; a company could be, for example, losing money on every sale. Share prices are (at least in theory) correlated with profits.  So let's suppose that company X is unprofitable 320 days a year and is relying upon sales in late November and December to be in the black for the year. (Hence \"\"black Friday\"\".)  Carefully examine the supposition of this scenario: we have a company that is so unprofitable that it must gamble everything on successfully convincing bargain hunting consumers in a weak economy to buy stuff they don't actually need from them and not a competitor. Why would this inspire investor confidence? There are plenty of companies that fail to meet their sales targets at Christmas, for plenty of reasons.\""}
{"text": " In this kind of search setup, the firm offloads the executive employment work to the executive search firm. They charge a set percentile of the chosen candidate's yearly wage. Usually, it pays in three instalments. This is one of the most popular in one bulk types of choosing such employment firms. Many people find paying in instalments more preferable than paying amount."}
{"text": " I think what ended up happening with this is the canadian banks issued some high risk debt that is in line with the bail-in requirements. So the interest payments are more, but they could lose it all in a bail-in situation.  There was actually some debate about the sale of the debt not being fairly handled, but from the sounds of it the notes sold pretty quickly. So there doesn't seem to be much risk to depositors and investors don't seem to be worried about the additional risk. Also at the time of the banks becoming compliant with the Basel regulation I think most of them jacked their service fees to help with raising the additional capital requirements.  http://business.financialpost.com/2014/07/21/rbc-responds-to-complaints-about-issue-of-nvcc-subordinated-debt/"}
{"text": " \"This question is really general to answer. That's like asking \"\"Is it easier to be a dog or a cat?\"\"   Your answer is going to be defined by your circumstances and approach, which are going to come somewhere from the following:  - How much capital do you have to start stuff?  - Can you get a loan? If so, how much is it? - Do you already have a business model? Is it going to effectively compete against existing, successful businesses? - Do you have a unique advertising gimmick?  - Is this a technical business? Does it require a patent? Is that patent already secured? - Do you already have a new idea or technology? - Where will you find talent? - Do you have any experience with investment? How aggressive are you going to be investing?  - Do you have any experience with business?  Just remember, the overwhelming majority of businesses fail. I know several business owners (some successful, some unsuccessful).   The list goes on, and honestly I don't think Reddit is a good place to start.\""}
{"text": " /u/BexsM, I think your theory is spot on and you're right about how public and private debt could be correlated.  I just believe that I am older and quite a bit more cynical/jaded so I think how things should work and how they actually do are miles apart."}
{"text": " Try using technical analysis, look at the charts and look for stocks that are uptrending. The dfinition of an uptrend being higher highs and higher lows. Use a stochastic indicator and buy on the dips down when the stochastic is in the oversold position (below 20) and and crossing over about to turn back upwards. Or you can also use the stochastic to trade shares that have been ranging between two prices (say between $10 and $12) for a while. As the price approaches the $10 support and the stochastic is in oversold, you would buy as the price rebounds off the $10 support and the stochastic crosses and starts rebounding back up. As the price starts reaching the resistance at $12 (with stocastic in overbought at above 80) you would look to sell and take profits. If you were able to do short selling in the competition, you could short sell at this point in time and make profits on the way up as well as on the way down. There are many more techniques you could use to set up trade opportunities using technical analysis, so it may be a subject you could research further before the comptition begins. Good luck."}
{"text": " The same can be done in the USA depending on what city and how richly someone wants to live.  I went to a fine public school in suburban US and I walked to school just a few blocks, free, as are all public schools.  As for medical bills and your best friends mother, it is also not expensive to die of cancer in the USA!  But, you did not tell me how big of an apartment can be had in Lisbon for a minimum wage worker spending less than 30% of his income, nor how big is a 2 bedroom apartment there."}
{"text": " Most modern bank accounts can be set up to automatically pay bills for anyone, even someone who has no control over the account. This account would be in a trustee's name for the untrustworthy party. An automatic transfer could be set up from the source account to the irresponsible party's bank account to pay their allowance. It would be wise to remove all overdraft capability from the recipients account, but the whole system might help them learn some responsibility. There are more formal legal structures for forming a long term care-taking trust (with spendthrift provisions to protect the trust from legal action). The trust would need to be maintained by a trustee, resulting in maintenance fees on the principle. It might also help to know if there are legally recognized factors that impair the beneficiaries ability to take care of themselves (substance abuse, depression, age, mental impairment, etc.), but depending on state law, trusts can be designed very flexibly to cover the lifetime of an heir and even their heirs."}
{"text": " This is more anecdata in support of an interesting point: most of the wealthy are no smarter than rhe average dumbass, and just as susceptible to hysterical demagoguery. If Obama had raised taxes on the wealthy - Congress made that inpossible - the rates would have gone up to where they were under Clinton, or during the mid-Reagan years, both times during which the wealthy did very well indeed.  Also, it could be that most jewelry store customers were nouveau riche barely hanging on anyway, or just inept wealth funded by home-equity loans and Ponzi debt. Many of those poseurs were hitting the day of reckoning around 2008-2009, due to the evaporation of bubble housing wealth; Obama would have made a nice scapegoat for their own financial ineptitude."}
{"text": " I would recommend not paying it off early for 2 key reasons: If you are a resident of the U.S. you get tax deductibility of mortgage interest, which as pointed out in previous posts, reduces the effective interest rate on your mortgage, never in your life will you ever be allowed to obtain such high leverage at such a low rates. You can probably get higher returns with not much risk. @JoeTaxpayer mentioned various statistics regarding returns when investing in equities. Even though they are a decent bet over the long term, you can get an even better risk reward tradeoff by considering municipal bonds. If you are in the U.S. and invest in the municipal bonds of your state, the interest income will be both federal and state tax-free.  In other words, if you were making 3.5% investing in equities, your after tax returns would be significantly less depending on your tax bracket whereas investment-grade municipal bond ETFs will yield probably the same or higher and have no tax. They are also significantly less volatile. Even though they have default risk, the risk is small since most of these bonds are backed by future tax obligations, or other income streams derived from hard assets such as tolls or property. Furthermore, an ETF will have a portfolio of these bonds which will also dampen the impact of any individual defaults. In essence, you are getting paid this spread for simply having access to credit, take advantage of it while you can."}
{"text": " Which I 100% agree with. Opiates are awful horribly addictive substances that are an issue, I'm just saying I don't like the argument that anyone who smokes weed on their time off is a loser. There is a huge divide between opiates and marijuana"}
{"text": " Remember when you got bodied for pretending you understood more about linguistics than you did? Because you maybe skimmed a wikipedia page on Chomsky and thought the criticism there meant people didn't respect him as a linguist? And published authors in the field took you to task for an hour?   If you don't, maybe you should. It feels relevant."}
{"text": " Sacrifices the union made to keep a health plan for PART TIME EMPLOYEES. This author is a self righteous fucking blowhard. Try working for minimum wage, 40 hours a week with no benefits like millions of others you prick."}
{"text": " \"What you want is called a \"\"car wrap.\"\" A designer can get a template for your truck, to have exact measurements of its dimensions. Then he creates a full color design in Adobe Illustrator or whatever. Then he prints them in waterproof, colorfast inks on a Mutoh inkjet printer onto shrinkable plastic with an adhesive backing. Then a guy carefully pastes them all over your truck. It's easy on flat sides, but they have techniques to seamlessly cover every surface of the truck, including the curved bits like around the headlights. It looks [something like this](http://www.capitalwraps.com/blog/bid/37088/Florist-Vehicle-Wraps-Bloom-In-The-Effectiveness-And-Visibility).  But FFS please get a serious designer who does quality work, and not some amateur that produces an eyesore. Good graphics are good advertising, and costs good money to make.\""}
{"text": " \"That's true.  However, let's say Andy lives on top of a bunch of coal.   Charlie and Daniel create a piece of paper that says \"\"Andy's House Title\"\", and give it to John, who's pretty buff.  He kicks Andy's ass, ties him up, and forces him to mine coal.  This is good for Charlie and Daniel, who can get cheap coal.  It's good for John, who's king of Andy's house and gets all the profits off the coal.  Not so good for Andy.    And that's part of why some other nations have a problem with us.  We're buying coal for John, sending him guns, and helping him kick their asses when they try to throw him out.\""}
{"text": " Yes. Look at form 1040 AGI is line 37, and it comes well after you report your schedule D cap gains.  I read this question as meaning you wish to contribute to a traditional IRA pretax. There is no income limit to contribute to an IRA and not take the deduction."}
{"text": " No, I'm saying that many potential customers believe BBB to be important.  You aren't going to preemptively change the minds of every potential future customer.  So you can look better in their eyes with BBB accreditation, or you can possibly lose the customer before you even start.  I'm not commenting on BBB at all, just their perception."}
{"text": " \"Don't care... Uber is cheaper most of the times for me than Cabify, I am not a wealthy man so I can't afford the premium on Cabify just to \"\"support\"\" their better business practice. Cheaper is cheaper. If cabify can be a better buisness AND have better prices. than that is something i am willing to support.\""}
{"text": " I shop at Sears because of the enormous section of hardware parts.  You can find almost any bolt,screw,connector, etc for any DIY project.  Nothing online compares to being able to go to the hardware section only with an idea and piecing it together with the parts at hand.  Also, I'm 35."}
{"text": " How is this not a breach of contract? Is it just because the corporate entity you're doing business with has gone out of business? Isn't the parent company still responsible?  It seems to me that if it's not, there are a lot of ways that an unethical person / company could game the system."}
{"text": " As a web designer and developer, I would like to add an addendum that a quality web site usually *starts* around $1500. We're a little more pricey, but we run about $2500 for the standard Home, About, Services, Testimonials, Photo Gallery, Contact setup.  Everything else is dead on. Great write up. I would add that getting yourself involved in a local chamber of commerce is something that we did, and were successful with. The chamber is now working with us on some of their new design projects."}
{"text": " Options reflect expectations about the underlying asset, and options are commonly priced using the Black-Scholes model:  N(d1) and N(d2) are probability functions, S is the spot (current) price of the asset, K is the strike price, r is the risk free rate, and T-t represents time to maturity.  Without getting into the mathematics, it suffices to say that higher volatility or expectation of volatility increases the perceived riskiness of the asset, so call options are priced lower  and put options are priced higher. Think about it intuitively. If the stock is more likely to go downwards, then there's an increased chance that the call option expires worthless, so call options must be priced lower to accommodate the relative change in expected value of the option.  Puts are priced similarly, but they move inversely with respect to call option prices due to Put-Call parity. So if call option prices are falling, then put option prices are rising (Note, however, that call prices falling does not cause put prices to rise. The inverse relationship exists because of changes in the underlying factors and how pricing works.) So the option action signifies that the market believes the stock is headed lower (in the given time frame). That does not mean it will go lower, and option traders assume risk whenever they take a particular position. Bottom line: gotta do your own homework! Best of luck."}
{"text": " \"Employers withhold at rates specified in Circular E issued by the IR. You can request that  additional money be withheld (not an issue here) or you can have  reduced withholding by claiming additional allowances on a W-4 (i.e.,  more than just for you and spouse and dependents) if you believe that  this will result in withholding that will more closely match the tax due.  (Note added in edit):Page 2 of the W-4 form has worksheets that can be used to figure out how many additional allowances to request. Also, I wonder if your withholding will be 37% or final tax bill be  26% of your adjusted gross income.  The tax brackets are the tax  on marginal income. If you are in the 28% tax bracket, you owe 28 cents in tax for each additional dollar of income, not 28 cents in tax for every dollar of income.  Your overall tax might well be less than 20% of your income.  As a specific example, in 2011 a married taxpayer filing jointly would be in the  (highest) 35% tax bracket if the taxable income was $379,150 or more (marginal tax rate of 35% is applicable to every dollar more than $379,150) but the tax on  $379,150 itself works out to be $102,574 or 27.05% of the taxable income. So if you do expect to be earning around $350K or more in salary between now and December 31 to hit that 26% that you expect you will owe, you might want to consider paying a tax accountant for advice on how to fill out your W-4 form for your new employer rather than relying on an Internet forum such as this for free advice. Note added in edit:  Your comment \"\"... it is a cocktail of ... federal taxes, state taxes, local taxes, health care ...\"\" on the earlier version of my answer does raise the question of whether you want your employer to withhold 26% instead of 37% and have the money go to meet all these obligations or just 26% towards your Federal income tax liability only. The Federal W-4 form affects only how much money is withheld from your paycheck and sent to the US Treasury.  Some of the money that each of your employers withholds (Social Security and Medicare taxes) is not affected by what you put down on  the W-4 form.  Now, if you hold two jobs and the total income shown on your W-2s is larger than the SS limit, you will  have had too much Social Security taxes withheld, and the excess will be a credit towards your Federal income tax liability.  You have self-employment income too on which you owe Social Security and Medicare taxes and you are making estimated tax payments. The excess Social Security tax payment can count towards this too (as well as income tax on your Schedule C income).  Thus, if your new employer is withholding too much, you might be able to skip making the fourth quarterly payment of estimated tax or make a reduced payment (there is no requirement that the four installments  must be equal).  In short, there are lots of ramifications that you need to take into account before deciding that 26% is the right number. Instead of filling out a W-4  all by yourself right away, I strongly recommend  reading up a lot on income taxes, or play with a tax preparation program (last year's version will do a pretty good job of at least getting you in the right ballpark), or consult with a tax accountant.\""}
{"text": " I suggest you begin by double checking what kinds of credit products you have and to which credit bureaus your bank reports. Not all financial institutions report to all bureaus. For example, if your bank only reports your one and only line of credit to Experian, TransUnion still won't have a file on you. Also, some lines of credit such as being an authorized user on a credit card aren't tracked by all of the bureaus. The other thing to consider is the amount of time that your lines of credit have been open. You said it's been less than one year but if it's been less than six months you might try waiting six months to try requesting your reports. If none of the above solves your problem, I would respond to their letter exactly as they instruct you to. Send everything certified with return receipt, and get into the habit of saving all of these records. When you send your reply be sure to include all of the requested information, a brief summary of your issue, and a reference to their previous letter to you. If they don't respond to your letter or they aren't able to help you, try calling the credit bureaus directly to inquire about the problem. Usually the consumer phone lines are automated, so try the corporate or business contacts they list on their website. On a final note, never submit your information on any of the bureaus websites. By doing so you agree to binding arbitration agreements which limit your right to sue. Only communicate with the bureaus by mail or on rare occasions phone."}
{"text": " A pencil and a small notepad really work here, but if you have a smartphone then some way of using it makes sense as well. Try: Transcribe all of these onto a better record at the end of each day. Also record the amount of money in your wallet/purse/pocket every day, and check to see if the amounts you've recorded add up to the amount you've spent. It'll be easier to remember that newspaper you bought at the end of the day, rather than a week later. Or just record the difference as 'miscellaneous'."}
{"text": " &gt; Oatly said it plans to work with three more farmers to demonstrate the environmental benefits of switching from livestock to more crop production. But Arnesson says livestock farmers need government support in order to do so in large numbers.  Yes, because why would you expect a European farmer ever to conduct their business in a profitable way if they can just keep their hand up? 38 percent of the whole EU budget is still being spent on subsidising farms that should have gone bust decades ago. I'm not saying the market always knows best, or that environmentally sound farming should not be promoted somehow, but this attitude that government funding will happily keep your outdated lifestyle business alive is just pathetic."}
{"text": " The moment that you start to rent your car to strangers you are talking about using your car as a business. Will it be financially advantageous? If you can convince somebody to rent your vehicle for more than your required monthly payments then it might be. Of course you have to determine what would be the true cost of ownership for you. It could include your auto loan, and insurance, but you would be saving on the garage costs. Of course if you don't have it rented 100% of the time you will still have some costs. Your insurance company will need to know about your plan. They charge based on the risk. If you aren't honest about the situation they won't cover you if something goes wrong. The local government may want to know. They charge different car registration fees for businesses. If there are business taxes they will want that.  Taxes. you are running a business so everybody from the federal governemnt to the local government may want a cut. Plus you will have to depreciate the value of the item. Turning the item from a personal use item to a business item can have tax issues. If you don't own it 100% the lender may also have concerns about making sure their collateral survives. Is it safe? and from the comments to the question :  Should I do a contract or something that would protect me? Nope. it isn't safe unless you do have a contract. Of course that contract will have to be drawn up by a lawyer to make sure it protects you from theft, negligence, breach of contract.... You will have to be able to not just charge rent, but be able to repossess the car if they don't return it on time. You will have to be able to evaluate if the renter is trustworthy, or you may find your car is in far worse shape if you can even get it back."}
{"text": " Well, I was actually just looking at my own 10-yr old. She does dance/ballet all year round and golf/tennis in the summer. Just the shoes, costumes, clubs, etc. run to about 1k. One dance lesson per week is about 1K/year (she does three). And summer golf/tennis lessons plus memberships about 1K.  soccer and baseball are cheaper. but hockey is significantly more expensive - and you have to travel a lot all year round."}
{"text": " \"By that same line of thinking:  Subscribe &amp; Save -&gt; grocery pantry orders -&gt; dash -&gt; local -&gt; echo -&gt; Amazon Go -&gt; rolling shopping carts picked by robots supervised by humans   It's a bit like the smart fridge concept.  Just because you don't hit \"\"ship\"\" doesn't mean Amazon can't start aggregating orders to be ready for your pick up.   Amazon is becoming a demand planning company. You demand it and they plan for it.   Then throw in air drones, lockers, blimp warehouses and auto trucks   Yikes. That means it could be Amazon, Google and Apple who will split up the majority of the driverless vehicle business.   Yielding the first truly $1T market cap and the winner will be the first $2T company.\""}
{"text": " Are you searching for your Mr Right? Then get in touch with us here at Ditch or Date Ltd! We have dating events UK that you can attend and enjoy. You can wear anything you\u2019re confident and comfortable with, or a smart casual attire when attending the event. To know how to register for our events, you can visit our website at https://www.ditchordate.com/."}
{"text": " \"&gt; Even if I did simply want to stop being American and live in Somalia I still have to pay taxes.  No, actually you don't. Step 1. Move to Somalia. Step 2. Revoke your American citizenship. Step 3. Pay your final tax receipt. Step 4. Try to live the best that you can in Somalia...  &gt; If it was totally free to leave you'd have a point - that I'm opting in to being here after the fact by not leaving. But that's just not the case. There is a real cost to leaving and renouncing citizenship and thus there is an aspect of being under duress to this \"\"agreement\"\" you claim we make.  This sounds a lot like the \"\"I didn't choose to be born\"\" argument. How old are you?    None of us get to choose where we are born, and what system we are born into. However, there are costs associated with it that we inherit regardless. The choice that we have is to leave - and yes, there is a cost to that too. I am sure people who are born into third world nations would cry so many tears about how unfair the world is for you...\""}
{"text": " You know we have states that have legalized and not seen some big explosion in crashes right?  I'm sorry , nobody is legalizing DUI, I can't justify continuing to prohibit cannabis entirely just because some people are afraid of other drivers."}
{"text": " the data source is the same as the live market trading. pre and after market trading are active markets and there are actual buyers and sellers getting their orders matched."}
{"text": " Yes, you'll be able to get the money by submitting legitimate receipts for care for your child, and at tax time you'll pay the tax on the extra $3600."}
{"text": " \"I am no business expert, but I know that their branding and licensing is good because it makes kids demand it \"\"because frozen\"\" but parents are reluctant to buy the same old \"\"one big piece with some bolt on blocks\"\" sets where you aren't *really* building anything. It lacks the creativity since they made it more difficult to just buy a tub of blocks. I struggled to find legos one year where it wasn't some smartly branded yet completely cold and bland set.\""}
{"text": " They've been around long enough now for there to be past performance figures you can google for. I think you'll find the results aren't very encouraging. I personally don't think there's a huge risk that the robots will lose all your money, but there's every reason to expect they aren't likely to perform better than traditional managers or beat the market. At the end of the day the robots are employing a lot of analysis and management techniques that traditional managers have been using, and since traditional managers use computers to do it efficiently there's not much gain IMO. Yes in theory labour is expensive so cutting it out is good, but in practise, in this case, the amount of money being managed is huge and the human cost is pretty insignificant. I personally don't believe that the reduced fees represent the cost of the human management, I think it's just marketing. There might be some risk that the robots can be 'gamed' but I doubt the potential is very great (your return might in theory be a fraction of a percent less over time because it's going on). The problem here is that the algorithms are functionally broadly known. No doubt every robo adviser has its own algorithms that in theory are the closely guarded secret, but in reality a broad swath of the functional behaviour will be understood by many people in the right circles, and that gives rise to predictability, and if you can predict investment/trading patterns you can make money from those patterns. That means humans making money (taking margin away) from the robots, or robots making money from other robots that are behind the curve. If robo advisers continue to take off I would expect them to under perform more and more."}
{"text": " \"Many answers here have given what look to be useful perspectives on your question.  I want to point out an interesting technical issue. If an employer contracts with an insurer, it agrees to cover all employees (or all that fill some pre-specified definition and no one else), and to offer only a limited range of options. If you buy insurance directly, you obviously have a huge range of choices, including the (technically illegal) one of no insurance at all. Your first thought is probably, \"\"Hey, that's great! More options, more chances to pick the plan that's right for me.\"\" Sorry, no.  Yes, you have more options, but so does everyone else. If you are working for some large company, you get insurance, period. If you suspect you have an expensive health condition, you cannot buy more insurance; if you believe yourself to be healthy as a horse, you cannot get skimpier insurance and pocket the difference.  Healthy people and sick people are all in the same predictable pool. If you buy insurance freely, the insurer knows that the sicker you are, the more likely you are buy insurance, a phenomenon called adverse selection.  As a result, the premiums (fees) a person buying his own insurance pays are much higher, because most of his fellow policy-holders are sickly -- even if he himself is just risk-averse. On the other hand, if you are risk-neutral, if you can survive a $10,000 bill if it happens to arise, you can save big by finding the skimpiest imaginable insurance, where all your fellow policy-holders will be hale and healthy people like yourself.\""}
{"text": " How is relying on the benevolence of one rich guy a better system than a strong reliable central bank? What if J.P. Morgan decided not not to intervene in 1907, or bail out the gold standard in 1893. Banks will make stupid decisions whether there is a central bank or not. I would argue an organization dedicated to mitigating a crisis is a better option than some guys who may or may not help."}
{"text": " Her current competence or incompetence and how she got the job is perfectly relevant. Obviously, and should be looked into in depth.  What isn't relevant is her studies 25 years ago. A 25-year-old Masters in computer security would be just as irrelevant, as the industry has changed drastically since that time."}
{"text": " / in relative to the Tesla's performance, and current inflation.  They can split and reverse split at anytime the board decides without any regard to inflation or performance.   OP points to Tesla at 350- he doesn't point to PE. It makes no differences what the price of one share is. If they split 10 for 1 it would be 35- but what difference does that make- the PE remains the same. OP does not understand value- only price."}
{"text": " Hey guys, I graduated in economics and I want to apply to different positions and jobs. Especially financial controlling is a field I'm really interested in. If some of you work in this branche, could you tell me what are the things you like/dislike the most in your jobs?"}
{"text": " Your best bet is going to be contacting TaxAct directly for their information. If you do enter your spouses information and choose to purchase their deluxe product, I would think you might end up paying for the second efile. I have used their deluxe version for many years now, but choose it mostly because of the free state efiling and not for the ability to determine whether or not to file separately.  In my case, it makes sense to file jointly and not file separately.   The deluxe version allows you to portion out your deductions and see which method of filing gives you the lowest total tax bill. Here's the link directly to TaxAct's support: https://www.taxact.com/tsupport/support_request.asp"}
{"text": " Probably my biggest cost saving is to make my own sandwiches for lunch. I take this one step further by buying joints of meat to roast and slice for the filling. This not only tastes better but is quite a bit cheaper. For example today I roasted a 5 kg ham (about 11 lbs), it cost me \u00a316 to buy (around $25), but I've sliced it, wrapped the slices in foil and frozen them. I've made around 20 packs, each pack has enough ham for sandwiches for me and my wife for a day. I also do this with beef, chicken and turkey and just get a pack of whatever we fancy out of the freezer the night before so it's defrosted enough to make sandwiches in the morning."}
{"text": " If I get a prepaid debit card for the money I make do I have to report my earnings? How do I go about doing this? Yes you must report this. It doesn't matter if they put it in your bank account, or on a debit card, or cash under the table. You have to report the income. You can count on your employer reporting the income to the IRS.  What is the limit I can make when it comes to working while on social security? The Social Security Administration has all sort of info regarding working and receiving benefits. The exact answer depends on the type of benefit (retirement, disability, survivor) and your age (pre-full retirement age, the year you reach retirement age, post retirement age) I would look at their website: http://www.ssa.gov/retire2/whileworking.htm for examples: You can work while you receive Social Security retirement (or   survivors) benefits. When you do, it could mean a higher benefit for   you in the future. Each year we review the records for all working Social Security   recipients. If your earnings for the prior year are higher than one of   the years we used to compute your retirement benefit, we will   recalculate your benefit amount. We pay the increase retroactive to   January the year after you earned the money"}
{"text": " We are here to provide you Exhaust Fans with Energy Efficiency. Generally most of the people don\u2019t pay much attention to bathroom exhaust fans until the boogers and cobwebs are hanging half way down to the commode. When the fan is switches on, energy efficiency is lost and the exhausting power of the fan is reduced to almost nothing."}
{"text": " Let me tell you a tale. I am 30, only making 32k a year. As a systems admin. Living in CA. I have 0 savings, in fact most months I have trouble even paying bills and keeping food on the table so....I wouldn't worry to much but if you haven't yet go to school, get a degree. Or at least a trade school."}
{"text": " There are stores that buy ugly or close to expiration produce and sell it super cheap.  Its great if you're baking, canning, or making a big fruit salad for a party because you can get a bunch of stuff super cheap. Its not that good if you're trying to stock up on produce because most of it will start going bad the next day."}
{"text": " In my experience financial advisors do not normally assist with budgeting and personal everyday finance. There certainly are people who do that, but you would normally only consult them when you have financial difficulties, especially debt. The more common find of financial advisor is mostly focussed on advising you about savings and investments. A lot work for banks and investment companies. They will usually advise you for free, the downside being that they will only recommend their company's products. This may or may not be a bad thing, depending on the company. Others will charge you a commission on purchases, and their advice will be more neutral. This question will also be interesting: Are all financial advisors compensated in the same way?"}
{"text": " \"In most cases, if you are a member of the class the law-firm will contact you via postal mail to notify you of the class action and give you an opportunity to opt-in or opt-out of participating in any settlement that happens.  More often than not, they take the opt-out approach, meaning that if you don't say you want out of the class it is assumed that you agree with the complaints as defined in the class action and would like to receive your portion of the money if there is a settlement.  If you haven't gotten such a letter and you think you should have, it is a good idea to contact the law firm. How do you find the law firm? Usually some Googling on \"\"class action\"\" and the name of the defendant company will get you there. Also, check the legal section of the classifieds of the local newspaper, they sometimes advertise them there.  Typically they aren't hard to find because it is in the law firm's best interest to have everyone sign on to their class action for a number of reasons including: If you have a lot of people who are supposedly aggrieved, it makes the defendant look more likely to be guilty, and more participants can equate to higher settlement amounts (for which the law firm gets a percentage). That is why you see non-stop ads on daytime TV for lawyers marketing class action cases and looking for people who took this drug, or had that hip implant. Once a settlement occurs and you are a member of that class, there are a number of ways you might get your piece including: - A credit to your account. - A check in the mail. - A coupon or some other consideration for your damages (lame) - A promise that they will stop doing the bad thing and maybe some changes (in your favor) on the terms of your account. A final note: Don't get your hopes up. The lawyers are usually the only ones who make any substantial money from these things, not the class members. I've been paid settlements from lots of these things and it is rare for it to be more than $25, but the time the spoils are divided. I've gotten NUMEROUS settlements where my share was less than a dollar. There are some decent resources on ClassAction.com, but beware that although the site has some good information, it is primarily just an ad for a lawfirm. Also, note that I am not affiliated with that site nor can I vouch for any information contained there. They are not an impartial source, so understand that when reading anything on there.\""}
{"text": " Could be misunderstanding your context. But ev = equity + debt - cash. So don't think it makes sense for an equity holder to have an individual ev/ebitda different from the company's.   Are you asking in context of valuing equity and debt from an ev/ebitda multiple?"}
{"text": " A single corporation known for their mistreatment of employees and price/sale scamming taking over markets nationwide is bad for the majority of people. Sure they've provided consumers with a decent and innovative service, but I can't imagine an employer that treats the majority of their staff badly and lies to their customers will have much in the way of altruistic ideals."}
{"text": " You buy a $100k sport car, but don't buy any insurance. You take a curve too fast and jump out just in time to see your car go off a cliff, like a chase movie. The value went from $100k to zero in seconds. Where did the $100k go?"}
{"text": " \"Basically, in any financial system that features fractional reserve banking, the monetary supply expands during times of prosperity. Stable, low inflation of 2-4% keeps capital available while keeping the value of money stable. It also discourages hoarding of wealth. Banks aren't vaults. They take deposits and make an explicit promise to repay the depositor on demand. Since most depositors don't need to withdraw money regularly, the lend out the money you deposited and maintain a reserve sufficient to meet daily cash needs. When times are good, banks lend to people and businesses who need capital, who in turn do things that add value to the overall economy. When times are bad, people and businesses either cannot get capital or pay more for it, which reduces the number of times that money changes hands and has a negative impact on the wider economy. People who are trying to sell you commodities or who have a naive view of how the economy actually works decry the current monetary system and throw around scary words like \"\"fiat currency\"\" and \"\"inflation is theft\"\". What these people don't realize is that before the present system, where the value of money is based on promises to repay, the gold and silver backed systems also experienced inflation. With gold/silver based money, inflation was driven by discoveries of gold and silver deposits\""}
{"text": " My guess would be a black American express. Or, the accountants will make them switch out throughout the year to get maximum benefits. Sometimes, 1% maxes out at a certain amount, so they'll use a different CC every quarter or so."}
{"text": " it means that 20% of my closing balance each day will be added up over the course of a month and then given once the month is over. Yes apart from the typo 0.20% of every day balance. The rate itself is quoted for a year, so for a day it will be (Px0.20)/(100x365). Where P = The principal amount of every day. The credits will be every month-end. For leap year will be 366. Check with your Bank quite a few Banks still use the old convention of 360 days in year."}
{"text": " Paywall.  But this is an issue that comes up in many places, including California, where we were recently up to our necks in drought, including the pressure on Nestle.  Somewhere, there is a government official that approved this arrangement, just as there was in California.  I'm sure elsewhere, as well.  And we shouldn't be taking Nestle to task, we should be naming those government officials, and investigating them for corruption, or firing them for incompetency.  I can't read this particular article, but I've never seen this addressed in the press.  Are there any names mentioned here?  In California, likely in Michigan, too, the government does not acknowledge individuals right to resources.  We instead use the water supply as fodder for political clout, and give it away 'for jobs' as a favor.  Government shouldn't control the water supply.  It should be owned by people.  Individuals will protect what is theirs in a way government doesn't. Even corporate owners treat what is theirs better that the current model of government leases."}
{"text": " I wasn't going to come out and say that, but you're right. We all know if he does come out with something it will be that we need to make it cheaper to hire people. Now we'll have a bunch of people who have jobs, but are still below the poverty line.  He's replacing one problem (unemployment) with another (even more rampant poverty). Not only that, it's unlikely that it will even have an overreaching impact. The unemployment rate in India is 10% and they have very little rules and regulations regarding workers.  Borrowing at low rates and investing in infrastructure worked out really well in the past. Both Democrats and Republicans have done it, and it always works out well.  I don't know why it's completely off the table right now for them."}
{"text": " Read about [Pigovian Taxes](http://en.wikipedia.org/wiki/Pigovian_tax).    &gt; A Pigovian tax is a tax levied on a market activity that generates negative externalities. In economics, an externality is a cost or benefit, not transmitted through prices, incurred by a party who did not agree to the action causing the cost or benefit  For example someone polluting incurs costs on you to your health and quality of life."}
{"text": " Any person at any time may produce their own currency, one can even do so on the back of a paper napkin, ripped beer coaster or whatever.  This is NOT a banking privilege, it is within the lawful ability of anyone capable of engaging in commerce. It is called a 'negotiable instrument' ... it gives the holder rights to a sum of money.  Notice that I say 'holder' ... this is what distinguishes it from a non-negotiable instrument, the fact that you don't need to redeem it from source, you can pass it to another who then becomes the 'holder in due course' and thus obtains the rights conferred. The conferable rights over a sum of money (or, indeed, other asset) are themselves 'value' Do banks do this ?  Yes, all the time! ... one of the simplest examples are cheques drawn against the bank, which are considered 'as good as cash'.  Usually they will be drawn out to the order of the person you wish to pay ... but can equally be drawn out to bearer.  The only reasons they resist making out to bearer is : But you can write your own at 'any time' on 'any thing' ... See the apocryphal, yet deliciously entertaining, tale of the 'negotiable cow'"}
{"text": " It's important to have both long term goals and milestones along the way. In an article I wrote about saving 15% of one's income, I offered the following table:  This table shows savings starting at age 20 (young, I know, so shift 2 years out) and ending at 60 with 18-1/2 year's of income saved due to investment returns. The 18-1/2 results in 74% of one's income replaced at retirement if we follow the 4% rule. One can adjust this number, assuming Social Security will replace 30%, and that spending will go down in retirement, you might need to save less than this shows. What's important is that as a starting point, it shows 2X income saved by age 30. Perhaps 1X is more reasonable. You are at just over .5X and proposing to spend nearly half of that on a single purchase.  Financial independence means to somehow create an income you can live on without the need to work. There are many ways to do it, but it usually starts with a high saving rate. Your numbers suggest a good income now, but maybe this is only recently, else you'd have over $200K in the bank.  I suggest you read all you can about investments and the types of retirement accounts, including 401(k) (if you have that available to you), IRA, and Roth IRA. The details you offer don't allow me to get much more specific than this."}
{"text": " 1) Don't trade individual stocks. You expose yourself to unnecessary risk. 2) Pick a fund with low expenses that pays a dividend. Reinvest the dividend back into the fund.  To quote Einstein: The greatest power on earth is compound interest.  Something is wrong with the software of the site. It will not allow me to answer mark with another comment. So I have to edit this answer to be able to answer him.  @mark No, I am not hoping the price will go up. The price is only relevant in comparison to the dividend. It is the dividend that is important, not the price. The price is irrelevant if you never sell. Dividend paying securities are what you buy and hold. Then you reinvest the dividend and buy more of the security. As I am buying the security with the dividend I am actually pleasantly surprised when the price goes down. When the price goes down, but the dividend remains the same, I am able to buy more shares of the security withwith that dividend. So if the price goes down, and the dividend remains the same, it is a good thing.  Again, the site will not allow me to add another comment. @mark I profit from my investment, without selling, by receiving the dividend. I used to be a speculator, trying to get ahead of the market by 'buy low, sell high' but all that did was make money for the broker. I lost as much as I gained trying to do that. The broker made money on each transaction, regardless if I did or not. It took me decades to learn the lesson that 'buy and hold' of dividend paying securities is the way to go. Don't make my mistake. I now get, at least, 5.5% yeald on my investment (look at PGF, which forms the backbone of my investments). That is almost 0.5% per month. Each month that dividend is reinvested into PGF, with no commission. You can't beat that with a stick."}
{"text": " First, A credit account is increased by credit transactions and decreased by debits. Liabilities is a credit account and should be a positive number.  A debit account is increased by debit transactions and decreased by credit. Assets is a debit account and should be a positive number.  Equity = Assets (debit) - Liabilities (credit) may be positive or negative.  You currently are subtracting a negative number for a net positive, since your Liabilities is set as a debit account.  How you currently are set -> Equity = Assets (debit) - Liabilities (debit) It is easier to understand if you change the columns from Increase/Decrease to Credit/Debit. I believe this is changed through Edit > Preferences > Accounts > Labels > Use formal accounting labels.  To fix your situation, open up the Loan account and switch columns on the amounts. This will decrease Opening Balances and increase the loan, per your current column headings.  This is a snippet of Opening Balances. You see that Opening Balances is debited and the Loan/Liability account credited. I included Petty Cash to show the reverse. Petty Cash is an asset, so it credits Opening Balances and debits Petty cash. This is a student loan Liability account. As you see, the Opening Balance is debited and decreased. The loan is credited and Liabilities increased. As payments are made, the reverse happens. The loan, being a credit account, is debited and the balance decreases. Opening Balances moves closer to 0 as well. The savings account, being a debit account, is credited and the balance decreases. There has been no change in Equity since Liabilities and Assets decresed by the same amount."}
{"text": " This is basically done to reduce costs and overhead, with agreement of the credit card issuers. When the card is physically present and the charge is low, the burden of keeping the signed receipts and of additional delays at the cash register is not worth the potential risk of fraud. Depending on the location and the specific charge-back history of the business, the limit above which signature is required differs. In one supermarket in the area I live they require signatures only on charges above $50. In another, 10 miles away from the first one, they require signatures on charges above $25."}
{"text": " &gt;No. He worked overtime, he deserves his pay - not paying him 200k is wrong.  He shouldn't be allowed to work overtime.  Bridge patrol should be mandated to be well rested and never overworked.  They should work max 40 hrs a week.  And they should be salaried and not hourly.  &gt;Is it mismanagement? Yes  OK, so it seems we agree.  I'm not saying let's stop paying for overtime.  I'm just saying we shouldn't be paying that much money to highway patrol, even if it's bridge patrol."}
{"text": " \"Every financial services company (and cellphone provider, cable and broadband provider, private energy supplier, and so on and so forth - it's turtles all the way down in a market economy) spends \"\"something\"\" to acquire a new customer.  Paying attractive college students minimum wage to hand out brochures and branded fidget toys costs money.  A 1 million piece postal mailing for a 1% response rate costs money.  A TV ad or billboard costs money.  A signup enticement of cash or airplane miles costs money.   The question is, what does an organization spend per new customer?  The amount a company wants to spend has to do with their medium term outlook and overall margins, so it will vary with the business cycle, but a rule of thumb is $100-200 spent for each customer who signs up.  The advantage to this particular offer is that it may involve some payments to Amazon, but it includes less labor or cost-per-wasted-contact than alternatives.  So there's more in the budget to entice the prospect.   Recall, it's a one-time cost, and you gain a relationship where you get 2% of credit processing turnover for the duration of the account; a chance at 19.99% APR financing or other fees; and an opportunity to upsell a mortgage or life insurance or IRA accounts, etc to a known customer.\""}
{"text": " \"There are a lot of things that go into your credit score, but the following steps are core to building it: Now, in your case, you obviously have some flexibility in your monthly budget since you're considering paying down your college loan faster.  You have to weigh whether it would be better to pay off the loan that much faster, or just save the money towards buying the car.  If you can pile up enough cash to buy the car (and still leave yourself an emergency fund) it would be better to buy the car than add another interest payment.  As other answers have noted, you don't want to get in a situation where you have no cash for \"\"unexpected events\"\". Some links of interest:\""}
{"text": " The headline mentions Harbinger Capital because they were making news this weekend because of an on-going SEC investigation. [Harbinger Capital Partners has been put on notice by the Securities and Exchange Commission that it could face a lawsuit for securities-fraud violations, according to published media reports.] (http://www.thestreet.com/story/11340855/1/harbinger-capital-gets-wells-notices.html)"}
{"text": " \"Ultimately, it's a race to the bottom. People don't want to admit this, but the US is on its way out. We had a solid thing going for us but our government went for sale/got bought out by CEOs/lobbyist who had ties to other CEOs who just wanted to maximize profits. This started a trend of always needing to make more money every year. That's unsustainable, and it affects every common person. Anyone from poor to upper middle class. That's a lot of the US's population. This has created a class gap and it's all snowballing. This country runs on a system that exists to only benefit the rich. We need heavier taxes and heavier/extreme fines on the people who manipulate the system and legislate laws that negatively impact the population. I.e: Wall Street executives who caused the 2008 crisis. Heavy penalties like having all their assets forfeited or maybe even taking away their citizenship and banning them from the US. Speaking of the 2008 crisis, people took advantage of that as well. They used that crisis to minimize employees and maximize work at the smallest cost, making the population feel \"\"lucky to have a job\"\". We haven't recovered from that, and another more catastrophic recession is on the way.   The US is a hollow shell of what it used to be.\""}
{"text": " If your goal is to make your child's sports\u00a0shoes more Orthotic &amp; comfortable, look no further than the Neon Fix Sport Insole by KidSole. Our Orthotic Sport Comfort insole is brand new to the 2017 collection! The Neon Fix Sport Insole provides your little one\u00a0with extra arch support without the foot pains usually\u00a0associated with arch support insoles."}
{"text": " Rebates are offered on exchange to promote liquidity offers so that aggressive buy/sell can be done, otherwise a sizable sell/buy would crash the price of a stock with no liquidity, it is perfectly normal for a firm to attempt look for the rebate if the customer is willing to wait longer for the execution to happen. The Author clearly has no freaking idea what the hell he is talking about."}
{"text": " \"Rather than automating it, why not just create a listing that you maintain and display on your site yourself?  That way you don't have to give out credentials or anything else. It also presents a bit of a marketing opportunity.  You could group contributors by the size of their contributions and thank them publicly.  For example, maybe your top contributors could be members of the \"\"Heroes Club\"\", and you could come up with jazzy names for other groups.  It's a way of publicly acknowledging their contributions in a way that they appreciate, and perhaps it motivates others to up their own contributions to get into one of the more prominent groupings.  It becomes a competitive \"\"one-upsmanship\"\" thing, if that makes sense. I understand your desire to be transparent, and that's admirable, but see the marketing and public relations opportunity it brings to you as well. I hope this helps. Good luck!\""}
{"text": " Yeah,  but the direct flight to Seattle is too long from the east coast. Southern California has Hollywood, Amazon video studio +1, 3 major ports of America because they are on the top 20 ports of America  (( LA, long Beach and san Diego) (LA is number 1, long Beach is 2, 3 is new York and New Jersey Port authority means MULTIPLE PORTS and 4 is the Seattle and Tacoma authority which also means the same shit.)) Good universities, California tech, ucla and usc to name a few. They are close to companies like boeing, Raytheon and Lockheed,(all withing 50 miles of each other from some reason)East coast is good for finance but is good a headquarters have to mean its close to their other branches? East coast is good only known for their investment banking. I don't know I'm just some drunk guy on the internet. But in my opinion California is the 6th? largest economy in the world and yes, if a yuppie city is willing to give you 5 billion to go there massive amount of resources compared to Memphis, New Jersey and what not just because a hq has to close to what\ud83d\ude35? Think farther, go south, Mexico and south America. Hq1 USA and Canada and hq2 south America..."}
{"text": " There's a massive commitment involved, and lots of barriers to entry, sports is just about the perfect metaphor.  You have to be pretty smart and you have to commit yourself to acquiring a set of skills that will be mostly useless if you fail to land a programming job.  That and the fact that the market changes so quickly that skills you had five years ago may no longer be relevant, while skills that have been out of fashion for 20 years might suddenly be the most necessary.  The work is anything but glamorous, tedious, and incredibly difficult to do well.  And the skillset that you'd enter college with you could parlay into much more lucrative positions.  Microsoft is competing with Bank of America for it's talent, not General Electric, and their salaries should be commensurate with the going rate for that kind of talent.  If they don't want to pay, they should offshore, but good luck with that.   Microsoft of course knows all this.  Which is why they're trying to get away with paying 10k per H1B visa when they know that acquiring the talent that they want stateside would cost them 30x as much."}
{"text": " I apologize to you too :) the first comment I made I thought was pretty funny so I felt a little surprised when I saw it the next day.   Yeah, China has improved and most people who have office jobs or are small business owners play. Apple actually tried to use the hunger tactic of selling iPhones, they would release them in every country then finally starve china so when it's released everyone flocks. Then Chinese people mini revolted and apple lost like 2 billion or smt, and had to apologize. Mob rule is pretty powerful sometimes ;)  Where in Australia did you live? I was in the Gold Coast before also moving to the states."}
{"text": " Process of making Eucalyptus Core Veneer  1 | Rotary cut 2 | Put into cutting machine 3 | Cut to size 1270*640mm 4 | Classify into grade A/B/C 5 | Air drying 6 | Collect; Be tied up in bundles  Any concerns about Core Veneer, please contact us:  Mobile : +84 93366 5346 (Imess, Whatsup, Line, Viber, Zalo, Wechat) Skype: harvey.kego Email: harvey@kego.com.vn"}
{"text": " \"The CBOE states, in an investor's guide to Interest Rate Options: The Options\u2019 Underlying Values   Underlying values for the option contracts are   10 times the underlying Treasury yields (rates)\u2014   13-week T-bill yield (for IRX), 5-year T-note   yield (for FVX), 10-year T-note yield (for TNX)   and 30-year T-bond yield (for TYX). The Yahoo! rate listed is the actual Treasury yield; the Google Finance and CBOE rates reflect the 10 times value.  I don't think there's a specific advantage to \"\"being contrary\"\", more likely it's a mistake, or just different.\""}
{"text": " \"Yeah, until people decide that drinkable water is important and ban fracking. It doesn't take a genius to realize that water &gt; natural gas. I guess so long as it's \"\"someone else's water\"\" and that someone else is poor it'll continue...\""}
{"text": " I use another solution: debit card with an account kept empty most of the time and another account in the same bank without any card. I keep the money on the second card-less account, and when I want to buy something, I instantly transfer the appropriate amount to the account with the card and pay. That way money is on the account tied to a debit card only for a minute before payment, and normally it is empty - so even if someone would try to fraudulently use my card number - I don't care - the transaction will be rejected. I think its the perfect solution - no fraud possible, and I don't have to worry about possibly having to bother calling my bank and requesting a chargeback, which is stressful and a waste of time and harmful to peace of mind (what if they refuse the chargeback)? I prefer to spend a minute before each transaction to transfer the money between the two accounts, and that time is not a waste, because I use it to reconsider the purchase - which prevents impulse-buying."}
{"text": " Your hard and compelling preparing must be related with the correct amount of games sustenance important protein. This will help you in expanding your wellness capacity and in the process acquire more power, quality, and stamina as you prepare. You have the right stuff and are legitimately spurred so you are into games and need steady training. To have the training, you require Sports Nutrition and Workout Support. This will help in arranging you for your next exercise, the more will be your requirement for a holding framework, similar to sports sustenance items, for example, essential protein."}
{"text": " \"First paragraph is very true. But you also have to take into consideration that the adviser and the company are 2 different \"\"things\"\" to look into. For the adviser, quickest and easiest way is to do a Facebook search. The point of this is to see how transparent they are with their personal life. Even companies are now relying on Facebook to see how they \"\"really\"\" are. I wouldn't care if the person has lots of photos with booze and girls, but I would be concerned if they are using FB for spamming purposes, have pictures with drugs, or hints that they don't like their job and want to move on to something else.  Second paragraph is spot on as well. But I would rather want to know if the company cold calls or not... which leads in to your last statement.  For one adviser, more than 100 clients is a red flag. This could mean that they push savings plans left and right, they don't contact their current clients, and/or they may not have the ability to assist clients should they get many queries.  A few good questions to ask:  1. How do you make your salary?  2. Besides this plan you are selling me, what other types of products do you work with and show me several examples?  3. How many other advisers are in your firm?  4. How many clients does your colleagues and boss have?  5. How often do you cold call?  6. Who else cold calls in your office?  7. How does your company get new clients OTHER than referrals?   Go interrogation style and ask the above questions several times using different phrases.\""}
{"text": " yes and it does make the review less likely to be genuine.  yelp is a community.  people make accounts all the time and post one review for marketing or trashing purposes.  i find yelp quite useful, but obviously you need to take the reviews with a grain of salt.  sorry they rustled your jimmies."}
{"text": " I got paid less than Walmart's starting rate while working an hourly position at Kohl's and at Target, so I've never understood the overwhelming distaste for Walmart's employee treatment. Is it more of how managers at the store level treat employees rather than their pay?"}
{"text": " A 529 plan is set up in a specific beneficiary's name but the money can be rolled over or transferred into another 529 plan in the same beneficiary's name, or the beneficiary can be changed by the owner of the account.  I mistakenly believed that the new beneficiary could be anyone else, but as mhoran_psprep has  pointed out in the comment below, the new beneficiary must be related to  the previous one in specific ways as detailed in Publication 970 2011, Tax Benefits for Education in order for the change to occur without any tax consequences.  So my original statement that distributions can be used for anyone's educational expense without tax consequences was incorrect; if the new beneficiary is not related to the original beneficiary, tax consequences will indeed occur.  Note also that unlike IRAs where the entire amount can be withdrawn by the owner without incurring a 10% penalty after a certain period or after reaching a certain age, distributions from a 529 plan for nonqualified expenses (including as a special case a withdrawal of funds by the owner) will incur the 10% penalty tax regardless of when this occurs. The problem with UGMA accounts is that you have to turn the money over to the beneficiary when that beneficiary becomes an adult (18 years old in most cases) regardless of your current opinion of that beneficiary, and the beneficiary is free to use the money to buy a motorcycle with it if she chooses instead of using it for her education.  In this sense, I agree with mhoran_psprep's answer that it is best to put away the money in an ordinary account without seeking tax benefits, and deal with the matter as you see fit when the niece is filling out her college paperwork."}
{"text": " \"I started storing and summing all my receipts, bills, etc. It has the advantage of letting me separate expenses by category, but it's messy and it takes a long time.  It sounds from this like you are making your summaries far too detailed. Don't. Instead, start by painting with broad strokes. For example, if you spent $65.17 at the grocery store, don't bother splitting that amount into categories like toiletries, hygiene products, food, and snacks: just categorize it as \"\"grocery spending\"\" and move on to the next line on your account statement. Similarly, unless your finances are heavily reliant on cash, don't worry about categorizing each cash expense; rather, just categorize the withdrawal of cash as miscellaneous and don't spend time trying to figure out exactly where the money went after that. Because honestly, you probably spent it on something other than savings. Because really, when you are just starting out getting a handle on your spending, you don't need all the nitty-gritty details. What you need, rather, is an idea of where your money is going. Figure out half a dozen or so categories which make sense for you to categorize your spending into (you probably have some idea of where your money is going). These could be loans, cost of living (mortgage/rent, utilities, housing, home insurance, ...), groceries, transportation (car payments, fuel, vehicle taxes, ...), savings, and so on -- whatever fits your situation. Add a miscellaneous category for anything that doesn't neatly fit into one of the categories you thought of. Go back something like 3-4 months among your account statements, do a quick categorization for each line on your account statements into one of these categories, and then sum them up per category and per month. Calculate the monthly average for each category. That's your starting point: the budget you've been living by (intentionally or not). After that, you can decide how you want to allocate the money, and perhaps dig a bit more deeply into some specific category. Turns out you are spending a lot of money on transportation which you didn't expect? Look more closely at those line items and see if there's something you can cut. Are you spending more money at the grocery store than you thought? Then look more closely at that. And so on. Once you know where you are and where you want to be (such as for example bumping the savings category by $200 per month), you can adjust your budget to take you closer to your goals. Chances are you won't realistically be able to do an about-face turn on the spot, but you can try to reduce some discretionary category by, say, 10% each month, and transfer that into savings instead. That way, in 6-7 months, you have cut that category in half.\""}
{"text": " Taxes should not be calculated at the item level. Taxes should be aggregated by tax group at the summary level. The right way everywhere is LINE ITEMS SUMMARY PS:If you'd charge at the item level, it would be too easy to circumvent the law by splitting your items or services into 900 items at $0.01 (Which once rounded would mean no tax). This could happen in the banking or plastic pellets industry."}
{"text": " (1) Not literally every person...this screams that you don't know what you are talking about. There is literally no one on my team that puts it behind their name nor any of my friends from my MBA program.  (2) They aren't as I just proved to you in 3 minutes  (3) Your advice is complete and utter shit.   (4) As I have already articulated:   (A) undergrads know shit, those that have zero experience and an MBA know less than shit.  (B) Learning advanced concepts without knowing anything about the real world won't help him, he won't be able to apply anything he has learned.   (C) He loses any opportunity to reset his career or recruit into a high level position based on some asshole's advice on the internet.   (D) He will command a higher wage exiting MBA with work experience instead of likely taking more debt that he needs to.   (E) he gets to deal with hiring managers like me that will grill him on why he thought it was a good idea to do his MBA directly after undergrad with no work experience.   I might sound like a dick - but I'm not the one handing out shitty advice that highlights how inexperienced you are."}
{"text": " \"I would also suggest finding the training resource within your state for real estate agent license exam prep...  When I was getting started, I took the \"\"101\"\" level course and it was worth the few hundred bucks for the overview I gleaned.\""}
{"text": " If it is Texas company, you can try doing a taxable entity search on the Texas Comptroller website."}
{"text": " Ah - sadly I have no money. Mostly just curious after watching The Big Short last week haha.   I find that line of insight interesting though.  I've been seeing a lot of mall closures in Canada as anchor tenants like sears leave though. Kind of makes me wonder whether franchisees will start closing stores like footlocker and food court restaurants since they operate on such small margins, and the leases usually seem to be written around the presence of foot traffic generating anchor tenants."}
{"text": " \"Much of the interest on a loan comes in the first years of a mortgage, so the sooner you can pay that off, the better.  But let's see what the numbers say. If you have a loan at 4%, principal of $100,000, a term of 30 years, then this gives monthly payments of $477.42 (using the Excel PMT function). If you sell the house after precisely 5 years worth of payments, then you have made $28,644.92 in payments, you still owe $90,924.93. Suppose you sell the house for $100,000.  That means you will be in the hole for: $100,000 - $90,924.93 - $28,644.92 = -$19,569.85 Now, suppose you pay an extra $50 per month over the five years.  The same calculation becomes: $100,000 - $87,659.98 - $31,644.92 = -$19,304.90 So in this scenario, which is a little simplistic, you are $264.95 better off. The question you have to ask is whether you could have done better investing the $3,000 in extra payments somewhere else. The CAGR in doing this is 1.7%, so you might be better off putting the money away. Running the same numbers for a 6% mortgage the CAGR you have is about 2.7%. Edit I've added a Google Docs spreadsheet (read-only) that you can download and play with.  Feel free to correct anything you find amiss! Edit 2  OK, so I've had a look at what JoeTaxpayer is saying in the comments below, and now I agree:  The CAGR should be 4%. Where I want wrong was to assume that the $50 per month payments over the five years are worth $50 * 5 * 12 = $3000.   This neglects the \"\"time value of money\"\" --- having small amounts of money periodically, rather than all of it in a lump sum. Including this makes the \"\"effective\"\" value of the monthly $50 payments $2714.95 written as =PV(0.04/12,60,-50) in Excel or Google Docs. I've added a tab to the original spreadsheet to show the different calculations.  Note that it still doesn't quite come to 4%, but I guess it's a minor error in the sheet. NB: I know, I'm leaving out mortgage interest tax relief, costs for selling etc. etc.\""}
{"text": " There is a thing called the Sharpe Ratio. This Ratio takes return/risk with risk being defined as the standard deviation of prices over time. According to Financial theory the investment with the highest (best) Sharpe Ratio is a market portfolio. Technically accepting the lower risk of a treasury is accepting an amplified lower return(market sharpe would be 1 than tbill sharpe would be at most .9999999999999).  Because of this, unless there are liquidity restraints (don't buy ETFs with your payroll money DUH) you should ALWAYS be in market funds, otherwise you are leaving money on the table. Everything else is just speculation.  Now the real question is value or growth......."}
{"text": " I  found that  an application already exists which does virtually everything I want to do with a reasonable interface.  Its called My Personal Index.  It has allowed me  to look at my asset allocation all in one place. I'll have to enter: The features which solve my problems above include:  Note - This is related to an earlier post I made regarding dollar cost averaging and determining rate of returns.   (I finally got off my duff and did something about it)"}
{"text": " Has any country in their existence, paid their debt in full?  To me it seems that every country is in debt and it will just keep growing.  It's like they know that the debt is impossible to pay and they just play along so that they get their paycheck and pass the debt to the other guy/gal who wins the office.  Do we just want to believe that one day everybody would receive so much money that everybody would pay off their debt?"}
{"text": " \"It becomes illegal when it is both material and nonpublic information. Material being defined as: Information that you would want and significantly alters the perception of the stock. To your point -- \"\"materiality\"\" is really up to the courts Nonpublic This is a little easier to define, but need to be careful if the information is disclosed selectively -- ie to just a small number of investment analysts -- this may still be nonpublic There is also an exception to this -- Mosaic Theory - This is the research you are referring to where the analyst calls up suppliers, etc and obtains information that is nonmaterial (wouldn't move the price of the security) but using experience and combined with public information creates something that is meaningful and could move the price of the security.  This is perfectly legal.  Material examples:\""}
{"text": " Timing the market and by extension the efficient market hypothesis is one of the most hotly debated subjects in finance academia. If you are to believe the majority of finance professors and PHD's out there chances of timing a market like the NYSE, NASDAQ or LSE is not possible. If you are to take into account the huge amount of hedge funds and money managers who make it their job to prove the efficient market hypothesis wrong then you may have a chance. My opinion is that the EMH is true and that timing a highly efficient market like the NYSE is very difficult or impossible even for those who spend their whole lives trying to beat it. For someone whose primary job isn\u2019t in investments I would put the idea of timing the markets out of your head."}
{"text": " 1) Repo is not a bailout. Unless you're claiming that the Fed has been actively bailing out the entire financial sector since 1917.  2) Given the price of credit, is it any surprise that the interest rates were near zero?  3) With this line:  &gt;At a time when small businesses could not get affordable loans to create jobs  You have to wonder if the author of this article has never heard of a credit card, which lends the Average Joe $5000+ in 30-day paper EVERY MONTH at ZERO PERCENT INTEREST.  Wait, I know how to go full retard too!  With [600 million](http://www.creditcards.com/credit-card-news/credit-card-industry-facts-personal-debt-statistics-1276.php) credit cards in existence, at a $1000/month spending limit, this means credit card companies give Americans $600 BILLION in bailouts EVERY MONTH.   Since 2008, the CREDIT CARD COMPANIES have given American citizens $30 TRILLION in BAILOUTS."}
{"text": " Million Dollar Marketing Machine is a top tier business venture that offers the new business owner the opportunity to make large sums of money earning money in sums greater than $500 per transaction.  The financial transactions can be as high as $12,000.  Each business owner collects their own money and they have the opportunity to have their own websites set up by the company of Million Dollar Marketing Machine.  Previously known as Million Dollar Marketing Formula.  Affiliation to the Pizza Box Business."}
{"text": " Lazy man's budget.  Four separate accounts for timing of expenses: short (monthly; utilities etc.), medium (quarterly+; property taxes), long (yearly+; house improvements) and retirement.   Set target levels for each account, to cover 1 full cycle.  The short target is smallest; it should comfortably cover a month.  For me each target is about 10x larger than the last.  (Cycles & targets for a homeowner w/ family; YMMV).   All income goes in short term.  When an account gets above target level, the excess gets swept up to the next longer term account.  That's all I keep firm track of; takes just a few minutes a month. Watching the account balances vs. their targets (and how short some of them are of target) keeps me focused on spending, and thinking about how much I can sweep (or can't) next paycheck."}
{"text": " I'm going to guess you're on Verizon and your wife has an iPhone. I just went through this exact same situation with my mom's phone last week. When you're off contract with Verizon you're saving $25/month on your plan (at least, I am), so staying off contract is big. If you do the monthly payment you're paying full retail over 2 years, without interest, so you do stay off contract at least. Here's the thing, as long as it's a 16GB iPhone 5 or better, you're going to be able to Craigslist it for the cost of the deductible, no problems. To me that makes the decision pretty easy to make. As long as you can Craigslist it for more than the deductible, get the insurance replacement. Then when you want a new phone you can sell your old one. Since you can sell the phone, I think that makes the comparison between the deductible and deciding to pay off the $100 now and start payments on the new phone less relevant. The real comparison I'd suggest looking at is the value of the phone and the deductible."}
{"text": " Buying a car is a very big financial decision.  There are three major factors to decide which car to buy: Pick two because you can't have all three.  You can either have a reliable car that has cheap running costs but will be expensive to buy or a cheap car that is unreliable.  If you are mechanically minded then reliability might not be that important to you.  However, if you must get to work on time every day then owning a car that breaks down once every six months might be something you wish to avoid. There are a lot of hidden costs that should be thought about very carefully when considering purchasing a car: In my country, annual car registration costs are around $650.  I budget around $1000 for maintenance each year (a major + minor service and some extra repair work).  When I factor in an amount for depreciation, that brings the running costs of the car to somewhere between $1500 and $2000 per annum before I've driven it anywhere. Generally I will fill up my car for $50 around once a month (I don't drive too often) which makes my total cost of ownership somewhere around $2500 per annum.  When I was driving my car to work daily, the petrol costs were much higher at around $50 per week, which made my TCO somewhere around $4500 p.a. And this is on an extremely reliable, fuel efficient 2006 model car which cost me $18k to purchase.  I have no debt on this car.  But the car itself is a liability.  Any car will be a liability. I understand that petrol prices are ridiculously low in the US and probably registration is lower as well.  In this case you will need to adjust your figures and do the maths to work out what your annual cost of ownership will be. There are three alternatives to car ownership to consider which may save you money: Public transportation and car pooling are highly recommended from a financial perspective, though you may not have access to either in your situation.  Moving closer to work may also be an option, though for many jobs this may increase your cost of living. If you decide that you do need a car and decide that $2000 is not going to get you the car you feel you need ($2000 usually does not get you much), you will need to decide how to finance the car. You will want to avoid most dealer-based finance deals.  Be very wary of any dealer offering interest free finance as they usually have some pretty nasty conditions. Getting a loan from your parents or another family member is usually the best option.  Otherwise consider getting a personal loan, which will have a lower interest rate than a credit card or dealer finance. Another option could be to get a credit card on an interest-free promotional deal which you could pay down before the interest kicks in.  Be warned though, these deals usually require you to pay off your whole balance before the due date or they will back-charge interest on the whole amount. In short, these are the decisions that you will need to make:"}
{"text": " \"This is easy but you won't like it. The reason you give away to large corporations is that you are communists and simply take so much tax that nobody in their right mind wants anything to do with you. This means you have to buy companies to make your economy work. If you cannot understand the difference between the word \"\"buy\"\" and \"\"give away\"\" then you have been suckered by this local government. The government has simply failed to perform efficiently and is trying to make up for it. We see the advertisements across the country, come here and be tax free for 10 years, as if it is a retail purchase item. Just put a spinner on your hat that says something stupid because it garners the same type of attention.  TLDR; NY is a nerd trying to buy friends.\""}
{"text": " You haven't indicated where the funds are held. They should ideally be held in NRO account. If you haven't, have this done ASAP. Once the funds are in NRO account, you can repatriate this outside of India subject to a limit of 1 million USD. A CA certificate is required. Please contact your Indian Bank and they should be able to guide you. There are no tax implications of this in US as much as I know, someone else may post the US tax aspect."}
{"text": " Bingo.   The problem is most people associate the warranty as \u201cwarranty vs. total replacement\u201d ($300 now vs. $3,500 later) instead of \u201cwarranty vs. repair\u201d ($300 now vs. potentially $300 later). The fun part is when they still charge you.   Edit: Your grandma has had the same appliances for 15+ years without needing any repairs."}
{"text": " Why? You will rarely find a good deal at a liquidation sale.....liquidators will come in and raise the prices well above what they ever sold at (higher than Kmart's average retail price) then slap some fake % off sale on it. The real deals are in the last couple days when everything is 90+% off...and even then, you might not find a great deal. (Kmart near me went out years ago...went on the last day and picked up a bunch of supplies they used in the store like copy machine toners and flipped it on ebay)."}
{"text": " \"2010 - What $20M looks like with hindsight of 7 years  Friend: \"\"Dude there is this new thing, you should grab some, it is $0.10 per.\"\"  Me: \"\"So like a penny stock? Nah im good that seems like a waste.\"\"  Friend: \"\"No man this is going to blow up and is the future.  Take like $500 buy some and it will be worth like $1000 next year.\"\"  Me: \"\"Nah ill keep putting my $500 in safe investments making me 5-10% a year.\"\"  Edit: I am aware I probably made the \"\"smart\"\" choice but turning $500 into even $200,000 would have been nice\""}
{"text": " \"Except it's not going to be \"\"Whole Foods\"\" as you know it. In the article it says how Amazon is planning to get rid of all the expensive whole food inventory and replace it with cheap foods with mass appeal. Their goal to to compete with Walmart.   I don't really believe Amazon bought Whole Foods for their products, but instead bought a struggling national grocery chain with tons premium real estate in high income neighborhoods.\""}
{"text": " \"Alas, yes many did fall for that trap.  They either bough during the bubble, or attempted to \"\"catch the falling knife\"\" as the housing market crashed. (Many people who bought *after* the bubble burst ended up buying houses that were *still* overvalued, and have little or no equity as a result, even if they had saved and put \"\"good money\"\" into it as a down-payment.)\""}
{"text": " It's likely that your bill always shows the 24th as the due date. Their system is programmed to maintain that consistency regardless of the day of the week that falls on. When the 24th isn't a business day it is good to error on the side of caution and use the business day prior.  It would have accepted using their system with a CC payment on the 24th because that goes through their automated system. I would hazard a guess that because your payment was submitted through your bank and arrived on the 23rd it wasn't credited because a live person would have needed to be there to do it and their live people probably don't work weekends. I do much of my bill paying online and have found it easiest to just build a couple days of fluff into the schedule to avoid problems like this. That said, if you call them and explain the situation it is likely that they will credit the late charge back to you."}
{"text": " \"An ETF does not track any one individual stock. It \"\"is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.\"\" Check out this link to learn more about ETFs. The easiest way see what ETF tracks a stock is to determine what sector and industry that company is in and find some ETF that trade it. The ETF will likely trade that stock, assuming that its market cap and exchange it trades on fits within the parameters of the ETF.\""}
{"text": " As everyone is saying, this depends on a lot of variables. However... I had my dad help me with the downpayment on my house. In my case, the cost of mortgage payment and all maintenance expenses is still lower than paying rent. If I sell my house and walk away from the closing office with just $1 then I've still come out ahead compared to renting. The New York Times has a fantastic tool figure out if it's a good idea to buy vs. rent. http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html?_r=0 It's asks all the relevant questions, and then it tells you how cheap rent would have to be make it the better option."}
{"text": " no, not rampant BofA fraud  Fed pumping hundreds of billions in funny money and government pressure to make bad loans is why we had the bubble  the banks are being extorted by government...because they can (plus it makes Reddit think banks are evil...and not government)"}
{"text": " And the card companies not only don't seem to care, they actively try to prevent public knowledge of the issue. I think Mythbusters was going to do a show about it, and on of the companies told Discovery they'd pull their large ad campaign if the show was aired."}
{"text": " She sold the rights to her photo. Burger King bought a stock photo. She no longer has any rights to control the photo.   She suddenly has a problem with the ad 5 years after it ran. Clearly just trying to milk money out of the company or get attention."}
{"text": " [] As you can see from the graphs above, as absolute distance from ATM (At The Money) increases, the ratio represented by Delta begins to approach 0:1 or 1:1. Meaning, as Delta approaches 1 the option price moves up 1 dollar for every 1 dollar the stock price moves up. As Delta approaches 0 the option price does not move as the stock price moves. As the absolute distance from ATM increases Gamma approaches zero (0). Meaning, as the price of the option increases or decrease the change in delta is at its highest as the option price is nearest the money. As the price of the option moves away from the money, in either direction, it changes less drastically. Interestingly, Delta is the first derivative of the value of the option price with respect to the underlying asset price. And Gamma is the first derivative of Delta. Definition of Delta Definition of Gamma"}
{"text": " I agree. I think that is a good point, and that is also why I wanted to post and ask. If I could do this in a bear market I bet I could be Warren Buffett by the time my heart stops.  I use my benchmark as a mix of S&amp;P, Nasdaq, and Russell 3000. I got a near flat market for 2015 (only 0.23%). I thought that was decent but yes the rest of the years have been quite bullish"}
{"text": " This sounds like it makes no difference if you behave in the same manner (i.e. take the same vacation time). For example, say you work 1 hour and take 1 hour of vacation and the current hourly rate is $1/hour.  You would make $2. Using your formula, new rate = 1* (1+1)/1 = 1*2 = $2.  So they would pay you $2 for the hour you worked and then you would take the 1 hour of vacation with no pay. If you plan on taking LESS vacation than used in the formula, you make more money.  If you plan on taking MORE vacation, you make less money."}
{"text": " I work at a large bank, that isn't too unusual although a lot of banks are moving to fee-free basic accounts and upping their fees on other specific transactions. For example, my bank did away with minimum balance requirements to waive a monthly service fee, but we started charging $2/month for paper statements and upped our out-of-network ATM fee by 50 cents.  Would like to point out that most financial institutions will reorder your transactions slightly for the purposes of accounting. It is much easier to run all transactions in big batches at the end of the day than individually as they come in. Required disclosures you receive upon account opening explain the exact order but most banks do all credits (money in) first and then debits (money out) like checks, debit cards, and ACH payments after. If you overdraft you can usually avoid a fee if you make a cash deposit before the end of the business day as the cash will go into your account before your purchases are debited.  OCCASIONALLY this accounting-based reordering will result in additional fees but that is not the intended purpose of reordering them. And I would always refund any incurred fees that happened due to accounting-based transaction reordering.   What Wells Fargo is doing has been illegal since 2008 and their continued appeals are hoping to get the ruling overturned so they won't have to pay out restitution to affected customers. It's frankly despicable."}
{"text": " You continue with this form. The fact that the trade in value is less than market value doesn't mean that you don't have taxable income from the sale. Since you depreciated the car before selling it, you need to compare the trade in value not to the market value, but to your cost basis, which may be lower."}
{"text": " You should look into an inventory service that comes in and counts/weighs the bottles and kegs once a month. This keeps of inventory and keeps the bartenders accountable. Some restaurants do this daily which would be  consuming.  I\u2019d also install cameras over every well and register. Bring the heat!"}
{"text": " You\u2019re conflating deductions with expenses, which are different. Revenue is all money collected. Income is revenue minus the sum of expenses and deductions and exemptions. You\u2019re also treating direct subsidies as the only form of subsidisation, which would make the word \u201cdirect\u201d superfluous, while ignoring indirect subsidies, which include deductions. And, no, not every business takes deductions and certainly not while simultaneously complaining (or standing idly by while others complain) about subsidies."}
{"text": " That information is the only way to get money wired directly into your account so you don't have a lot of options. You should be reasonably comfortable giving out that information as there checks and balances (as noted above) but more than this the banks tend to err on the side of avoiding a PR nightmare if someone uses routing/account to defraud their customer.  For bank security you should be more concerned about a) your credit card, only use secure https sites and ones you can see are dealing with lots of customers b) your identity, someone with your social security number, a recent bank statement and some basic information about you (like family, birth location etc) can assume your identity c) your bank login, be sure to create a strong password, pref 10 characters or more with numbers, symbols and upper & lower case. A site like http://strongpasswordgenerator.com/ can help here."}
{"text": " This is stupid.  Change the US tax law, that will fix it.    Apple is avoiding taxes by playing an overseas card, are you getting rid of your iPhone, too, if you are about to boycott Burger King?  Microsoft, is doing it, all the multinationals are playing games like this.  I am not blaming them, I am just saying.  More and more of the largest companies are leaving because of our excessive tax laws, we end up with lower net tax income as a result (fewer and fewer companies to pay the large taxes).  These taxes also make us less and less competitive.  Articles like this aren't going to cut it, waving a flag won't either.  Oh, and don't get me started on the total stupidity on taxing US citizens living overseas for overseas income, even if they haven't lived or worked in the US for years.   They have to pay whatever taxes of the country they are in, plus have to file and declare income to the US government, to also pay US taxes.  I think only USA is doing that, btw.  Look up how many people are force to give up their US citizenship because of these laws.  That, too, has to be changed.  The sooner the better."}
{"text": " UtR had legal permits to have a rally. Antifa showed up with the intentions of causing a huge disruption. The police and mayor have a role in this fabricated counter rally also. There were no American flags, so I highly doubt the people there were the true representatives of the Trump movement. But the media will use it anyway to make us look bad, even when 99% of real supporters do not advocate hate, racism and bigotry.  Where is all the outrage when Antifa, BLM or islamic extremists harm people? Is it silenced by the media because it doesnt perfectly frame the lefts narrative, like what happened recently?   Trump disavowed all violence. It truly doesnt matter because whatever he said, it was going to be used against him. Obama never disavowed BLM for their henious actions. Its what politicians do, I guess."}
{"text": " *It is true that people who are overweight, including myself, get that way because they eat too many calories relative to what their bodies need.*  This is highly controversial.  It is also possible that the Standard American Diet (SAD) is unsafe at any number of calories.  Quality may matter as much as quantity, and that is terrifying because we still don't have solid information about exactly what is best to eat, when, how, and why."}
{"text": " \"One of the most effective tools we have to keep ourselves from doing things is procrastination.  Most of the time procrastination is a bad thing because we use it to avoid doing things we should be doing.  But it's equally effective at keeping us from doing things that are not good for us, like overspending or overeating. How do we procrastinate things like this?  Put it on a big, fat, TODO list somewhere that you seldom look at.  That will get it out of your head...your subconscious will not keep bugging you about it because it's not worried about forgetting it.  Save the discount code in the list so you know you will have it if you ever want it.  Put other things that you are unlikely to do any time soon on that same list.  Then move on with your life and enjoy your freedom from useless and expensive clutter. I use online TODO lists (also google docs) for keeping track of things I'm supposed to be doing.  One of my lists, \"\"long term purchases,\"\" contains a bunch of expensive stuff that I have wanted at some point but not gotten around to purchasing.  I think the list has saved me a lot of money.  Stuff stays on that list a long time.  Ultimately most of the items on the list either become cheap or I lose interest in them. There's a reason salesmen push you to buy NOW NOW NOW.  They know if you procrastinate the decision, you are much less likely to buy.\""}
{"text": " Well-defined definitions of a successful tax plan and its likely outcomes. Concrete, simple tax brackets. Hard numbers with real world value, not rhetorical promises washed through special interest groups and lobbyists. Well done.  There's no way the current administration will do anything remotely this intelligent."}
{"text": " He didn't lock in a growth rate of 4%. He locked in a yield of 4%. That's the amount the bond pays in interest on his original investment each year. If he just spends that money the bond will continue to pay 4% each year, but there's no growth. In order to get growth he has to reinvest the interest as it comes in; if he puts it into bonds, the return on that new money, and hence the growth, depends on the prevailing interest rate at the time that the interest is paid. That interest rate can be higher or lower than the original 4%; there's no connection between the two."}
{"text": " Thank you BarStar13 for voting on Crlne\\_bot.    This bot wants to find the best and worst bots on Reddit. [You can view results here](https://goodbot-badbot.herokuapp.com/).     ***    ^^Even ^^if ^^I ^^don't ^^reply ^^to ^^your ^^comment, ^^I'm ^^still ^^listening ^^for ^^votes. ^^Check ^^the ^^webpage ^^to ^^see ^^if ^^your ^^vote ^^registered!"}
{"text": " Non-electronic stock exchanges still exist because they used to exist. There are a lot of people in trading firms who grew up with floor trading and don't want to give it up, either because they feel more comfortable with it or because they might lose their job if they went away from it."}
{"text": " I hope so. I remember when chain Mexican restaurants started serving gigantic embarrassingly huge portions back in the 80s - couldn't believe it and no one could ever eat all that food. Even then I thought it was wasteful, extravagant and stupid. Who knew that it would also leads to dramatic increases of diabetes and death?"}
{"text": " You need to read up on how QE works. Banks are not reinvesting deposits at the Fed in Equities. They are earning interest and sitting there, hence why the velocity of any money supply measure is far below where it used to be."}
{"text": " Tribes within which chiefs and elders occupy a position of privilege from which they expect tribute from those underneath them.  I would also hope modern society wishes more for itself than that which is available to tribes of primitive peoples."}
{"text": " \"Not sure what your point is, but not all journalists are trying to predict the future. Some just report existing trends and let the readers make their own conclusions. The trend the article talked about was work, and therefore capital, flowing to cities. You said this trend would reverse over the next few years, because Trump. I'm not sure what you think that means. I would surmise that if America were to double down on \"\"Trump,\"\" we will lose the subsequent trade war, we will fail to invest in or heed science, we will fail to invest in national infrastructure (yes I know Trump promised this, but the Republicans only understand how to cut things,) and our healthcare system will be whittled away to something worse than it already is.   In that case, talented workers would not only stop going to cities, they would leave the country entirely.\""}
{"text": " It depends on the terms of the lease, but it's hard to imagine a lease that would allow to do this unilaterally with no strings attached.  That means it actually depends not on how much you like your landlady, but on how much she likes you. In general, by signing the lease you assume a contractual obligation to pay the rent every month for the entire term of the lease.  In theory, you can be sued if you don't do that. In practice, a lot depends on your relationship with your landlord, as well as the rental market in your area.  If the landlord can easily find a replacement tenant, they may be willing to allow you to leave early.  If the rental market is slow, they will be more likely to hold you to the agreement.  Obviously, if you have a good relationship with the landlord, they may be more inclined to go easy on you. As far as telling your landlady you want to terminate the lease early, unless she's a particularly nasty person, you can just go ahead and tell her you'd like to leave early.  What you can't do is actually stop paying rent.  If you're on reasonably good terms with your landlady, you could just tell her your situation and say you'd like to move out.  She may be willing to work out an arrangement where she lists the apartment while you're still living there, allows prospective tenants to view it while it's occupied, and then has you move out if and when someone else wants to move in (e.g., at the end of the month).  Again, exactly how this works will probably depend on the rental market. Assuming you're in the USA, here is a useful page with some info on breaking a lease.  As mentioned there, the legal details vary by state."}
{"text": " \"You will be able to use the subsequent 4% matching contributions as repayments toward the HBP in the same tax year. You can designate it as such when you do your tax return for the year. Note that the first payment for HBP will be in the second year after you withdraw from your RRSP, but you are free to designate any contributions before this time toward the HBP repayment. One blog post indicates that if you pay more than the minimum amount in any year (including pre-payments prior to the first required payment), \"\"future payments will be the remaining amount owing divided by the number of payment years remaining.\"\" My experience with my LLP repayment (similar to HBP) is the same.\""}
{"text": " This is what I'm planning on.  Retirement would be difficult, if not impossible, without the expected SS payments. In terms of current retirement planning, it's the difference between putting 20% of my income aside for retirement, and 35% of my income aside. It's one thing to keep the wealthy happy and tax free, it's another to deny 80% of the population something that they will have to have at some point."}
{"text": " Wish I could upvote this more than once. I built my company on my integrity and customer service. I have had numerous referrals through a few key elements such as * Showing up to every job ON TIME. you have no idea how much people appreciate it when you say you will be there at 1PM and show up at 12:56PM. * Breaking down what I am doing for the customer so they get a feel for what they are paying for (if they show interest, that is) * Eye contact, body language, and any other way you can exude honesty makes a world of a difference. I happen to be somewhat charming which assists me here, but anyone can do it.  I think these points have allow my business to grow faster than expected, and I am in a similar industry (electrical)."}
{"text": " Add accounting as a second major, you'll look extra good and will be able to get a good paying job straight out out of school. All of my friends who have been accountants (sample size of two) have gotten very high paying internships with BOA ($25-$35 an hour), with guaranteed well paying jobs straight out of school. I went to a decent school, not great or anything. I got into finance because of a family member.   Finance and accounting are a great combo too, so it will increase your chances of breaking into finance. They often share a lot of courses, so it is not a difficult switch to make, and if you're going into your junior year it shouldn't add more than a year with a packed schedule; plus the classes are easy."}
{"text": " \"Monsanto: \"\"you could literally drink 10 gallons of glyphosate and you'd be perfectly fine! Trust us, we've done the studies!!\"\"  SeaWorld: \"\"we *only* care about the animals! No no no, we don't care at all about the profits. Seriously guys, double pinky swear!\"\"  The shilling is real.\""}
{"text": " Silvrback is a blogging platform offering minimalistic writing experience without the distractions of the complex customization features. With multiple features like scheduling the blog post to using an efficient word editor, Silvrback is the best simple blogging platform that can help you make the impact you want to create with ease. With no ads features you get an uncluttered blogging platform for all your writing needs."}
{"text": " Altough this may vary a lot depending on where you live and your actual finance, here what convinced me buying a home instead of renting : Other benefits :"}
{"text": " Your title question, Who could afford a higher premium who couldn't afford a higher monthly payment?, contrasts premium with monthly payment, but those are the same thing.  In the body of your question, you list monthly payment and deductible, which is entirely different. The deductible is paid only if you need that much medical care in any one year.  Most years a person in good health pays little because of the deductible.  Thus, the higher deductible options offer catastrophic health insurance without giving much in the way of reimbursement for regular medical expenses. Note - the original question has been edited since."}
{"text": " We, \u201cM.M.K. Engineering Co. Pvt Ltd\u201d, are operating in the industry from 2001, as a credible manufacturer, Fabrication, supplier &amp; exporters of an exclusive range of Industrial Valves &amp; Accessories. Our objective is to provide the finest quality range of products to the customers. Furthermore, we have received repeated orders from our customers due to the superior quality, optimum performance, corrosion resistance, robust construction and easy installation. Our sincere team has supported us in providing the best quality products to our clients at cost-effective prices. Besides,our team has shown utmost dedication in upgrading our facilities and product line so as to stay at par with the current industrial standards. Our team has been working in close proximity with the patrons, which in turn helps in timely meeting their required specifications.  Under the able guidance of our mentor, Mr Aziz Khan, we have become one of the reputable organizations in the industry. His leadership abilities and rich domain experience have allowed us to work as a cooperative team."}
{"text": " Although valuable details are available using the internet keywords offered, it is still important to seek advice from people who have had the surgery treatment about the opinions of experts. This way, you can gain knowledge from the personal encounters of others and know what can be expected. All of these things can help you choose the right Eye Doctor in Barrington IL."}
{"text": " No, you can't claim personal expenses as business expenses. What is the alternative to paying someone to do your chores? Letting the chores go undone.  How does it affect your business if your household chores go undone? It doesn't; it only affects your personal life--that's why they are personal expenses."}
{"text": " First pay yourself. When you get salary, send some parts of that (for example 10%) to your saving account.  Step by step you'll save nice money ;)"}
{"text": " I wish him the best - recently left a company that was using ADP and they have **major** issues.  Based on what I saw they'd be my last choice for a payroll company, so if he can force them to fix those practices it would probably give them a significant boost in customer retention."}
{"text": " Interest rates do generally affect house prices but other factors do too, especially the unemployment rate. However, everything else being equal, when interest rates drop, it makes the borrowing of money cheaper so tends to stimulate the economy and the housing market, increasing the demand for houses and generally causes house prices to increase (especially if the supply of new housing doesn't increase with the demand). When interest rates go up the opposite happens. Usually interest rates go down in order to stimulate  a slowing economy and interest rates go up to slow down an overheated economy. Regarding your situation you are able to get a 30 year fixed rate at today\u2019s interest rates (in Australia the longest fixed rate you can get is for 10 years and the rate is usually 1 or 2 percent higher than the standard variable rate. Most people here go for the variable rate or a fixed rate of between 1 to 3 years). This means that even if rates do go up in the future you won't be paying a higher rate, which is a positive for you. You are buying the house to live in so as long as you can keep making the repayments you should not be too worried if the price of the house drops sometime in the future, because if your house has dropped and you want to sell to buy another house to live in, then that house would have also dropped relative to yours (give or take). So your main worry is that rates will go up causing both house prices to fall and unemployment to rise, and you yourself losing your job and eventually your house. It is a risk, but what you need to consider is if you can manage that risk. Firstly, I believe rates won't be going up in the US for a number of years, and if and when they do start going up they will most probably start going up slowly. So you have some time on your side. Secondly, what can you do between now and when interest rates do start going up in a few years: Try to put more saving away to increase your safety net from 6 months to 12 months or more, or make extra repayments into your home loan so that you are ahead if things do go wrong. If you are worried that you could lose your job, what can you do to reduce your chances of losing your job or increasing your chances of getting a new job quickly if you do lose it? Improve your current skills, get new skills, become an invaluable employee, or look at possible opportunities to start your own business. Do your own research on the types of houses you are looking at buying, the more houses you look at the better prepared you will be when the right house at the right price comes along, and the less chance that you will be rushed into buying what might be an overpriced house. So to sum it up; do as much research as you can, have an understanding of what your risks are and how you are going to manage those risks."}
{"text": " Its dismissive because it's in reply to the absolute nonsense that makes up Trump support and Trump's own words. At some fucking point, it's ok to put a line in the sand without writing a dissertation about the line. What needs to be said has been said. Provide some real substance or fuck right on off. Good Day sir."}
{"text": " The DOD is socialism for the working class. It creates  millions of jobs. We need a solution to shift those people from making guns, to building bridges, and fiber internet lines. So those jobs are secure but the money is well spent."}
{"text": " Several options: Banks - ask in the branches near to you if any of them would do that. They generally only service their account members, but if you smile and talk nicely to the tellers they might do that for you. It may involve some nominal commission. Check cashing places - they're everywhere, and they carry large denomination bills. They will probably do that, but will likely charge a commission. Money orders - if you don't want to give a personal check, buy a money order at the post office, and dump the cash on them. It costs a nominal fee ($1.60 at USPS)."}
{"text": " I don't get that comparison at all. The guy still gets his. Business profits go up and down. Real CEO's figure out how to make more profits under given circumstances. Whiny children complain about it not being fair and fire all their staff out of spite.  If I was a shareholder I'd be worried. Not about Obama but about the loose cannon CEO that is threatening to devalue my stock out of spite because he doesn't know how to run a business properly."}
{"text": " \"Outside of broadly hedging interest rate risk as I mentioned in my other answer, there may be a way that you could do what you are asking more directly: You may be able to commit to purchasing a house/condo in a pre-construction phase, where your bank may be willing to lock in a mortgage for you at today's rates. The mortgage wouldn't actually be required until you take ownership from the builder, but the rates would be set in advance. Some caveats for this approach: (1) You would need to know the house/condo you want to move into in advance, and you would be committing to that move today. (2) The bank may not be willing to commit to rates that far in advance. (3) Construction would likely take far less than 5 years, unless you are buying a condo (which is the reason I mention condos specifically). (4) You are also committing to the price you are paying for your property. This hedges you somewhat against price fluctuation in your future area, but because you currently own property, you are already somewhat hedged against property price fluctuation, meaning this is taking on additional risk. The 'savings' associated with this plan as they relate to your original question (which are really just hedging against interest rate fluctuations) are far outweighed by the external pros and cons associated with buying property in advance like this. By that I mean - if it was something else you were already considering, this might be a (small) tick in the \"\"Pro\"\" column, but otherwise is far too committal / complex to be considered for interest rate hedging on its own.\""}
{"text": " Congratulations!  You own a (very small) slice of Apple. As a stockholder, you have a vote on important decisions that the company makes.  Each year Apple has a stockholder meeting in Cupertino that you are invited to.  If you are unable to attend and vote, you can vote by proxy, which simply means that you register your vote before the meeting.  You just missed this year's meeting, which was held on February 26, 2016.  They elected people to the board of directors, chose an accounting firm, and voted on some other proposals.  Votes are based on the number of shares you own; since you only own one share, your vote is very small compared to some of the other stockholders. Besides voting, you are entitled to receive profit from the company, if the company chooses to pay this out in the form of dividends.  Apple's dividend for the last several quarters has been $0.52 per share, which means that you will likely receive 4 small checks from Apple each year. The value of the share of stock that you have changes daily.  Today, it is worth about $100.  You can sell this stock whenever you like; however, since you have a paper certificate, in order to sell this stock on the stock market, you would need to give your certificate to a stock broker before they can sell it for you. The broker will charge a fee to sell it for you.  Apple has a website for stockholders at investor.apple.com with some more information about owning Apple stock.  One of the things you'll find here is information on how to update your contact information, which you will want to do if you move, so that Apple can continue to send you your proxy materials and dividend checks."}
{"text": " I don't want to get involved in trading chasing immediate profit  That is the best part. There is an answer in the other question, where a guy only invested in small amounts and had a big sum by the time he retired. There is good logic in the answer. If you put in lump sum in a single stroke you will get at a single price. But if you distribute it over a time, you will get opportunities to buy at favorable prices, because that is an inherent behavior of stocks. They inherently go up and down, don't remain stable. Stock markets are for everybody rich or poor as long as you have money, doesn't matter in millions or hundreds, to invest and you select stocks with proper research and with a long term view. Investment should always start in small amounts before you graduate to investing in bigger amounts. Gives you ample time to learn. Where do I go to do this ?  To a bank ? To the company, most probably a brokerage firm. Any place to your liking. Check how much they charge for brokerage, annual charges and what all services they provide. Compare them online on what services you require, not what they provide ? Ask friends and colleagues and get their opinions. It is better to get firsthand knowledge about the products. Can the company I'm investing to be abroad? At the moment stay away from it, unless you are sure about it because you are starting. Can try buying ADRs, like in US. This is an option in UK. But they come with inherent risk. How much do you know about the country where the company does its business ? Will I be subject to some fees I must care about after I buy a stock? Yes, capital gains tax will be levied and stamp duties and all."}
{"text": " \"I take it you have nearly zero expenses, since you don't mention any savings and with your income you wouldn't have much left over for investing. At your level of income, any actual investing is either going to unwisely reduce your cash available should you need it (such as investment in mutual funds, which often have minimum investment periods of 2-6 months or more to avoid fees), or cost you a high percentage of your income in commissions (stock trading). So, I wouldn't recommend investing at all \u2014 yet. I find Dave Ramsey's baby steps to be very good general money management advice.  Here is how I would adapt the first three steps to your income and stage in life. Beyond this, Dave recommends saving for retirement, college (for kids) and paying off your house early.  These things are a little beyond your stage in life, but it would be good to start thinking about them. For you, I recommend following DJClayworth's advice to \"\"invest in yourself\"\".  Specifically, plan to get through college debt-free.  Put away money so that you have a head start once you do have living expenses \u2014 save for a car, save money for rent, etc. so that you don't have to live month to month as most people do starting out. So, what this boils down to: Put away every cent you have, in a savings account.\""}
{"text": " This is probably more of an /r/AskReddit than a /r/finance question, but whatever.   From the title I was going to tell you to start working on your resume- if a company is having trouble paying wages it is not a good sign. But the text makes it sound like the company's financial health is fine and the HR department is just totally incompetent. Go back to them with a smile on your face and just be polite but persistent until they fix the problem. Ask nicely and they may be able to cut you a check on the spot or pay you out of petty cash.   People screw up repeatedly and it sucks. When your coworkers screw up your priorities should be fixing the problem but also embarrassing them as little as possible in the process."}
{"text": " This makes a lot of sense for Apple considering the current lawsuits between them and Qualcomm. It would also mean even more control over the hardware manufacturing of their products, and they definitely have the cash for it. Sounds like a good idea all around."}
{"text": " \"This is yet another in a long series of \"\"stop whining, the economy is fine\"\" articles.  It's a lie.  The economy is not fine.   There are good points in the article and it is important to not be misled by bad statistics, but he works hard to pretend that there are not problems in places where those problems are evident in the statistics.   He claims that falling labor force participation rate is because the statistics don't adjust to an increasing percentage of retirees, but everyone I know talks about the 25-54 statistics, in which retirement is negligible.  When you compare those to overall numbers, it shows big problems in the 25-54 numbers, and that people over 54 are working more and longer than they used to, not retiring sooner, an indication that they can't afford retirement.  He claims stagnation in median household income is misleading  because of a 5% drop in hours worked, which is completely bogus given the scale of the difference we're talking about.  Then he dismisses the disconnect between productivity and median wages by claiming that it's inappropriate to compare an average with a median, despite the fact that that's exactly what inequality is.\""}
{"text": " The cold caller is just a different way to contact you compared to the junk mail that they send. The business  gets information from the credit rating companies for households that meet a specific set of criteria. It could be town, age, home ownership, low credit utilization...Or the exact opposite depending on what they are selling. Some business do sell your data. Grocery store know who buys certain products: parents buying diapers may want to start saving for college; ones buying acne medicine may want to talk about lower rates for car insurance.  When they call via phone they have a different success rate compared to junk mail, but for that business that may be acceptable for their needs."}
{"text": " Yep that wasn't a shot at you. I had to read the article to determine if it meant that:  A.) A rule exists that makes it easier to sue banks, and republicans are killing it, OR  B.) Republicans are killing a rule, creating a situation that makes it easier to sue banks"}
{"text": " No way.  The ride sharing space is big enough for multiple successful players.  Good analogy is soft drinks - if Warren Buffet puts money into Coke, that doesn't mean Pepsi is going out of business.  Also, Google has a large stake in Uber.  An investment in Lyft would mean Alphabet believes in the ridesharing industry and they're hedging."}
{"text": " Usually I've seen people treat the dividend like a separate cash flow, which is discounted if the company doesn't have a well-established dividend history. I've never really seen dividends rolled into a total return chart (except in the context of an article), probably because dividend reinvestment is a nightmare of record-keeping in a taxable account, and most folks don't do it. One of my brokers (TD Ameritrade) does allow you to plot dividend yield historically on their charts."}
{"text": " REIT's usually invest in larger properties (apartment complexes), individuals usually invest in small properties (single units, duplexes, fourplexes, etc). REIT's also invest in a lot of commercial properties - malls, commercial and business office buildings, etc. These are very different markets. Not to mention the risk spread, geographical spread, research, management and maintenance that someone has to do for REIT and it comes out of the earnings (while your own rentals you can manage yourself, if you want), etc."}
{"text": " You should examine the letter more closely.  Most letters in this area are ones which inform you of a proposed settlement of a class action (not the initiation of a class action), and that you may be a member of the class.  A main point of such a letter is normally that if you take no action, you will be included in the settlement class.   Usually there are no major consequences to not opting out of the class other than you will lose the ability to get a lawyer and sue the defendants for the actions in question. To obtain benefits from the settlement, you will typically be required to submit documentation of the nature of your membership in the class.  This may be easy or hard.  The benefits are described in the materials, and could be substantial but usually are close to trivial, such as a coupon for $10 off when purchasing another product from the defendant."}
{"text": " \"&gt; Everything isn't about you?  I'm Ron Burgundy?  &gt; Do statistics only matter when they correlate directly to you?  No, but they have to directly relate to *someone*!  Median income represents no individual.  These collective statistics are a meaningless metric when looking at providing a life for yourself and your family.  These \"\"news\"\" articles are meaningless.  What is the purpose here?  The \"\"middle class\"\" is poorer!  What does that even mean?  What are you trying to say?  This is nothing but a distraction, all to earn clicks to get ad money.\""}
{"text": " \"equifax is not too big to fail. equifax needs to be made an example of. congress should be trying to start to legislate some privacy for us citizens like germany/eu. this just shows that the government is very unconcerned about our privacy. they could at least fake it. EDIT: i realized i am a hypocrite. i trashed hillary for her \"\"public/private positions\"\" and here i am asking for it. i feel defeated.\""}
{"text": " \"&gt; Being concerned for people isn't naive, it is naive to think slightly above minimum wage retail employees ever had a fighting chance.  &gt; You are naive to think these people ever had a chance to begin with.  &gt; It is naive and gullible to think the Sears' employees ever had a chance.  When did I say they had a fighting chance?  What part of \"\"fucked\"\" leads you to believe that they had a fighting chance?  Surely everything I've said is that they did not, do not and will not have a fighting chance.  If I thought they had a chance I wouldn't be so upset.  To repeat myself yet again - these people are fucked.  All people working in retail are fucked;  and it's very likely that there's going to be a collapse and almost everyone without a specific technical skill that's in demand is going to be fucked.    _All these people are fucked.  They never had a fighting chance.  Things were bad for them when they were working; things are going to be much worse for them now.  And I am sad._  Is this clear to you now?  This is what I've said from the beginning - but somehow simply expressing sympathy for all these people getting fucked is so controversial that people somehow feel compelled to claim that I'm a supporter of exploitative capitalism.  &gt; The good news is a $9/hr job is easier to find than a $100,000/year job. These Sears employees can go work at Khols or Panera Bread for very little loss in income.  Can you give me any evidence of your claim?  There are five job searchers for every open position in the United States.  Businesses are not expanding, why would they be hiring unskilled labor?  They're sitting on large piles of cash, waiting for the recession to end - and if it doesn't, why, they now have a guaranteed pool of labor at near-slavery prices.    Even if we had enlightened businesses, which we do not, the logical thing to do during a recession is not to hire unskilled labor and have them sit around all day, but upgrade the training on your skilled labor force, modernize your infrastructure, streamline your processes, so when the recession lifts you have a modern company that can outcompete others.  Look to Germany for a guide.  The German Model, where businesses, the unions and the government _cooperate_ to keep their companies efficient and their jobs profitable, has _worked_ for two generations.  The fact that they can compete aggressively in the world markets, provide a social safety net for their citizens, while also paying at least part of the costs for the kleptocracies in the EU (we're looking at you, Greece) shows how effective it is.\""}
{"text": " I\u2019ve stopped using uber after hearing the podcasts of lyft. They may be farther behind but it\u2019s because they want to take care of their employees. They\u2019re growing at the rate is required to maintain the company where Uber is trying to grow Tesla style."}
{"text": " I am trying to learn about Collateralized Loan Obligation (CLO) and I was wondering how the tranches are created in terms of priority. When an investor comes to CLO manager to buy a stake or a tranch, do they get to decide what type of tranch they want? Less risky one that gets paid first or higher risky one that gets paid last but more? Or is it like first come first serve basis?"}
{"text": " Former pension/retirement/401(k) administrator here.  1.  If you don't want to bother with maintaining your own investments, you can 'roll-over' your existing 401(k) into *your new company's 401(k) plan*.  Then you will choose your investments in the new plan, you will be 100% vested in 'rollover account'.  2.  If you want control over your own investments (recommended!) you can roll over your existing 401(k) into an IRA (Individual Retirement Account).  Then *your entire account* will go into your new IRA.  3.  You can take part, or all, of your existing account as cash, paid directly to you.  Note that this will trigger *20% mandatory Federal Withholding* on whatever goes straight to you.  So some of your money is going to the IRS."}
{"text": " \"Hmm, this would seem to be impossible by definition.  The definition of an \"\"index fund\"\" is that it includes exactly the stocks that make up the index. Once you say \"\"... except for ...\"\" then what you want is not an index fund but something else. It's like asking, \"\"Can I be a vegetarian but still eat beef?\"\" Umm, no. There might be someone offering a mutual fund that has the particular combination of stocks that you want, resembling the stocks making up the index except with these exclusions. That wouldn't be an index fund at that point, but, etc. There are lots of funds out there with various ideological criteria. I don't know of one that matches your criteria. I'd say, search for the closest approximation you can find. You could always buy individual stocks yourself and create your own pseudo-index fund. Depending on how many stock are in the index you are trying to match and how much money you have to invest, it may not be possible to exactly match it mathematically, if you would have to buy fractions of shares. If the number of shares you had to buy was very small you might get killed on broker fees. And I'll upvote @user662852's answer for being a pretty close approximation to what you want.\""}
{"text": " Patents grant one company or individual a coercive monopoly on an idea.  One cannot own information...information is neither scarce nor rivalrous.   \u201cIf you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas.\u201d  -George Bernard Shaw   Granting someone a monopoly on an idea is a wrong in practical terms, as stories like these, and the various patent trolling occurring in the tech sector demonstrate.  Patent/copyright protect neither the fashion nor the food industry (in terms of recipes) and those industries thrive, as well as constantly innovate (indeed, they are *forced* to innovate, since they cannot monopolize one idea and rest on their laurels).  Coercively preventing someone from doing as they will with an idea using their own resources is morally wrong because you are denying their freedom to act using their own body, and justly owned property.  By building a chair using my own tools and materials, that happens to look similar to another chair someone else built 1000 miles away using their own resources, I've done nothing to deprive the other chair builder of his property...yet under current law, I can be prosecuted (i.e. fined, jailed, and beaten if I attempt to resist) if he has been granted a legal monopoly to that design...whether I've ever even seen his chair or not.    On both ideological and pragmatic grounds, the concept of patents is a failure."}
{"text": " \"The type of \"\"office job\"\" and the level at which you're expected to perform (usually relative to the compensation) need to be considered.  Just because you know Susie, the slacker data entry specialist I, can play on Facebook and Snap chat in between her poor attempts at being productive doesn't mean that all office jobs are like this.  Susie probably isn't expected to get very much done and is most likely compensated as such, most likely less than a good manufacturing or laborer's job.\""}
{"text": " \"Dude, it's your lucky day!  You just won the lottery!! Do like this guy and sue them for $67 million :-) Pearson v. Chung, better known as the \"\"pants lawsuit\"\",1 is a civil   case filed in 2005 by Roy L. Pearson, Jr., an administrative law judge   in the District of Columbia in the United States, following a dispute   with a dry cleaning company over a lost pair of trousers.  Pearson   filed suit against Soo Chung, Jin Nam Chung and Ki Y. Chung, the   owners of Custom Cleaners in Washington, D.C., initially demanding $67   million for inconvenience, mental anguish and attorney's fees for   representing himself, as a result of their failure, in Pearson's   opinion, to live up to a \"\"satisfaction guaranteed\"\" sign that was   displayed in the store.  The case drew international attention[2][3]   when it went to trial in 2007 and has been held up as an example of   frivolous litigation and the need for tort reform in the United   States. The entire story dragged on for years, with many appeals, and makes fascinating reading.\""}
{"text": " It misses :-  [My Hero](http://www.imdb.com/title/tt0233084/) , [The Goodies](http://www.imdb.com/title/tt0065296/) , [Monty Python's Flying Circus](http://www.imdb.com/title/tt0063929/) - understandably .  The [Carry On](http://www.imdb.com/keyword/carry-on/) series - eg. [Carry On Up the Khyber](http://www.imdb.com/title/tt0062782/) . [Bless This House](http://www.imdb.com/title/tt0066633/) . [George and Mildred](http://www.imdb.com/title/tt0073995/) . [Man about the House](http://www.imdb.com/title/tt0069607/) .  and stand up's :-  [The Morecambe &amp; Wise Show](http://www.imdb.com/title/tt0063930/) , [The Two Ronnies](http://www.imdb.com/title/tt0066721/) , [Alas Smith &amp; Jones](http://www.imdb.com/title/tt0088475/) , [The Dave Allen Show](http://www.imdb.com/title/tt0131162/) ."}
{"text": " The other factor in increasing disability claims is that during an up economy, someone with a disability can probably get a job doing what little they are able to.  Go through a down turn, and no employer is going to hire a worker that has a known disability that might in any way limit their productivity.  So having a disability can go from having a lower paid job, to having no job and no chance of getting one."}
{"text": " \"The answer to your question depends on what you mean when you say \"\"growth\"\".  If you mean a literal increase in the aggregate market capitalization of companies, across the entire market, then, no, this sort of growth is not possible without concomitant economic growth.  The reason why is that the market capitalization of each company is proportional to its gross revenue, and the sum of all revenue from selling \"\"final goods\"\" (i.e., things purchased and used by consumers) is, apart from a few technicalities, the definition of GDP.  The exact multiplier might fluctuate up or down depending on investors' expectations about how sales will grow or decline going forward, but in a zero-growth economy this multiplier should be stable over the long run.  It might, however, still fluctuate over the short term, but more about that in a minute.   Note that all of this applies to aggregate growth across all firms.  Individual firms can still grow, of course, but as they must do this by gaining market share from other companies such growth would be balanced by a decline for some other firm.  Also, I've assumed zero net exports (that's one of the \"\"technicalities\"\" I mentioned above) because obviously you could have export-driven growth even if the domestic economy were stationary. However, often when people talk about \"\"growth\"\" in the market, what they really mean is \"\"return\"\".  That is, how much does your investment earn for you.  This isn't really the same thing as growth, but people often think of it that way, particularly in the saving phase of their investing career, when they are reinvesting their returns, and therefore their account balances are growing.  It is possible to have a positive return, averaged across the market, even in a stationary economy.  The reason why is that there are really only two things a firm can do with its net profits.  One possibility is that it could invest it in growing the business.  However, there is not much point in doing that in a stationary economy because by assumption no increase in aggregate consumption (and therefore, in the long run, aggregate production) are possible.  Therefore, firms are left with only the second option, which is to pay them out to investors as dividends.  Those dividends provide a return that is independent of economic growth. Would the stock market still be a good investment in such an economy?  Yes.  Well, sort of.  The rate of return from firms' dividend payouts will depend on investors' demand (in aggregate) for returns on their investments.  Stock prices will rise or fall, causing returns to respectively fall or rise, to find that level.  If your personal desire for returns is lower than the average across the investing public, then the stock market would look like a good investment.  If your desired return is higher than the average, then it will look like a poor investment.  The marginal investor will, of course be indifferent.  The practical upshot of this is that the people who invest in the stock market in this scenario will be precisely the ones for whom the stock market is a good investment, given their personal propensity to save and desire for returns, and so forth. Finally, you mentioned that in your scenario the GDP stagnation is due to declining population.  I am less certain what this means for investment, but my first thought is that you would have a large retired population selling its investments to fund late-life consumption, and you would have a comparatively small (relative to history) working population buying those assets.  This would lead to low asset prices, and therefore high rates of return.  However, that's assuming that retirees need to sell assets to fund their retirement consumption.  If the absolute returns on retirees' assets are large enough to fund their retirement consumption then you would wind up with relatively few sellers, resulting in high prices and therefore relatively low rates of return.  It's not obvious to me which effect would dominate, and so it's hard to say whether or not the resulting returns would look attractive to the working-age population.\""}
{"text": " Nowadays telephones can do so much more than just make calls. Using a VOIP business phone provides you with many additional systems features not available in ordinary phones. Here are five features of phones that every business needs."}
{"text": " Aditya City Residences is offering best apartments like 1, 2 and 3 BHK well located at NH \u2013 24 Ghaziabad. That offers not costly flats only according to your budget and affordable for best deal call now @ 8800227454."}
{"text": " \"I gather from your mention of \"\"stamp duty\"\" that you're in Britain?  I'm only familiar with US cards, but for them I can't see that there is any reason (other than a lack of self-discipline) not to use a credit card wherever possible, especially these days. 1) There are plenty of cards with no annual fee. 2) You get anywhere from 1-5% discount/cash back on purchases. 3) Many will give you sign-up bonuses, and a year or more of zero interest.  (So you put that money in your investment account, and odds are you make a profit on it.) 4) Even after the introductory 0% interest period, you get on average about a month of 0% interest between purchase and due date, during which period the money can be earning interest for you. I've made a good many thousands of dollars over the years doing this.  Again, the only drawback I can see is that you may not have the self-discipline to pay off the accounts before they start charging interest.\""}
{"text": " If you are looking for a durable fibreglass mesh for plastering a wall, choose Stucco Veneziano for the most reliable products. With over 7 years in the plastering business, we offer exclusive imported products to architects and interior designers across the UK and Europe."}
{"text": " Started as pt at a grocery store. Will never get used to throwing all that good meat out. Still has 2 days but there's fresher stock in back. It seems having bold and full shelves is the reason. They throw out food to have that clean magazine photo look of a store."}
{"text": " The pharma company gets paid for the use of a drug, regardless of what they are used for.  FDA rules prohibit pharma companies from promoting (in any fashion) the use of their products for non-labelled uses. This includes situation where there is some scientific and clinical evidence for the products use, but they do not have formal approval yet.  In these situations, doctors are allowed to use their judgement on what would work for their patient. If the doctor chooses to use a particular product for treatment, then they can.  However, payers (i.e. insurance companies) can choose whether or not to reimburse a drug for off-label use. If they don't, then the patient would need to pay out of pocket."}
{"text": " I would recommend against loans from family members. But if you decide to go down that path take care of the basics: This is a business decision so treat it like one. I would add that the situation you describe sounds extremely generous to your family member. I'd look at standard loan agreements (ie. in the marketplace) and model your situation more on them - if you do this, even with you paying a premium, you'd never come up with something as generous as what you have described."}
{"text": " \"You're just outright wrong.    I'm sure if you post an ask reddit asking about people who smoke and what they do for a living you will be outright amazed at the cross section you find.  I make 6 figures, work my but off, and run a consulting business on the side and I'm a regular smoker.    I have co-workers who are regular smokers who also make 6 figures, in fact of the people I work with that smoke, the lowest paid makes somewhere in the 70k range.    Now, that anecdotal evidence is not super compelling as there are confounding factors.  But it's far more compelling than \"\"This is how it is because this is how I feel it is\"\", which seems to be the gist of your responses.\""}
{"text": " \"When people talk about \"\"the price\"\" of a stock, they usually mean one of the following: Last price:  The price at which a trade most recently took place.  If someone sold (and someone else bought) shares of XYZ for $20 each, then until another trade occurs, the last price of the stock will be quoted at $20. Bid price: The highest price at which someone is currently offering to buy the stock. Ask price: The lowest price at which someone is currently offering to sell the stock. As you can see, all of these are completely determined by the people buying and selling the stock.\""}
{"text": " Yes, I think so. The goverment should fix the loopholes of tax laws. Apple is very smart to take advantages of them. If you run your own business. What should you do? You will do like APPL or pay taxes for the Government?"}
{"text": " Which sucks.  I'm a liberal gun owner, and I'd love to support the NRA because I want to support gun rights... but I just cant bring myself to do it since I'm directly funding the campaigns of a bunch of republicans I disagree with on... well... everything else."}
{"text": " No. There's no inherent reason to link the place that you bank with any other financial service. There may occasionally be benefits; for instance you can sometime get lower rates on mortgages or loans by having a a checking account with an institution. Or perhaps it'll be easier for you to make a same-day payment on a credit account. There could be some negatives as well. If you fall behind on a loan account, the bank may take money from your savings/checking account to satisfy your debt. Choose a bank or CU that's convenient to you. Choose a credit card from whatever bank or CU provides you with the best benefits. If that credit card is coming from a CU that requires a savings account for membership, open a minimum balance savings account and apply for the product you're interested in. If your credit is as good as you claim, they'll be happy to offer you the credit card regardless of whether you do your day-to-day banking with them."}
{"text": " This company is doesn't actually sell tangible goods.  Just a process.  And apparently fails at succeeding?  Sheesh.   I bet the owner dropped out of college, is constantly seeking initial investors for random ideas to come to life, gets money, buys more coke."}
{"text": " \"Barring unusual circumstances, a healthy adult is **absolutely** able to come off a domestic flight \"\"in a functional state\"\" and \"\"be operational at a high level.\"\"   EDIT: someone else pointed out the issue of in-flight productivity. If you're working on the plane (and the work is worth doing on the plane given the price of the upgrade), then it's a different situation.\""}
{"text": " In Singapore, this is sufficiently common that the Singapore IRS has a page on their website dedicated to informing employers of how to properly pay this under Responsibilites of an Employer.   Specifically, tax paid by employer is taxable income for the employee (as it's really the employee's responsibility), so they must pay tax for that tax.  A tax-on-tax is computed for the tax paid, which also would be owed by the employer if they were paying the full tax rate for the employee. As a clarification, this is not the employer being truly responsible for the employee's income; this is the employer compensating the employee further to offset their taxable income.  This is effectively a fringe benefit, although it may be particularly useful in countries where either tax evasion is common (and thus an employer must compete with employers willing to pay under the table) or where employers are competing with others in nearby countries with lower tax rates.  It is not the same thing as the employer making your income nontaxable, though, and has implications for your tax filing. Significantly, it is likely that if you have additional income beyond income from that employer, it is likely to be taxed at your highest tax rate, as the employer will likely calculate the tax due based on their income being the only income you have in that year. *Edit based on emphasis in question: I'm not from Singapore nor am I a lawyer, but based on my reading of the IRAS website, it looks like you do not have to file if you have no other source of income, because they have a No-Filing Service which takes income information from your employer automatically and generates a tax bill, which presumably would be fully paid in your case.  This only aplies if you have no other sources of income, however; you still have to file if you have other sources of income since your employer would not know about them. If you are eligible for this service, you should get a letter informing you as such.  They also have a tool to check your filing status on their website."}
{"text": " You can calculate the fully diluted shares by comparing EPS vs diluted (adjusted) EPS as reported in 10K. I don't believe they report the number directly, but it is a trivial math exercise to reach it. The do report outstanding common stock (basis for EPS)."}
{"text": " The fact base evidence is reinforcing the understanding that dramatic increases in minimum wage is detrimental in the short and long term for marginal workers.  I suppose we can stick on head in the sand but I would rather call it the way it is.  The politicians jumping up and down demanding increased minimum wages are only looking for the short-term publicity.   By time everyone realizes it was a rotten deal the politicians will be long gone."}
{"text": " Was Denninger ever not fed up? Dude seems to be in a perpetual state of rage. Kind of amazing that he has time to run a business what with all the blogging, TV interviews, radio shows, book-writing, etc. Much of what he says makes sense but it's hard to take him seriously when his presentation is so juvenile."}
{"text": " I am not an accountant and this is not tax or other legal advice! :-) Provided you were tax-compliant in Ireland for the tax years that the US money was earned I believe you are OK. This page makes the statements: Income earned prior to moving to Ireland If you are moving to Ireland for the first time or you are an Irish citizen returning to live in Ireland and you were not resident or ordinarily resident when the income was earned, the position will be as follows: Funds accumulated from income earned prior to the beginning of the tax year in the year that you become resident in Ireland will not be liable to income tax.   However, income other than employment income arising between the beginning of the tax year and the date of your arrival will be taxable if brought into Ireland, unless a double taxation agreement provides for a different treatment. which seems to back this up."}
{"text": " \"it is the amount of trust you put in the investments... to be honest, noone could've predicted anything because it was a new market, along with a whole new type of currency (also along with no banks or institutions that could \"\"alter\"\" the natural way a currency would evolve)\""}
{"text": " My current strategy is long equity in blue chips with limited growth but large profits... Some call that value investing.  GM, AAPL, BRK.B have done very well for me. VZ is a notable straggler. Regardless, my overall positions have grown considerably :)  Not a fan of shorting... but TSLA would be my short of choice since it is very expensive to short SHLD."}
{"text": " I'd suggest you start with a budget that includes savings, the minimum payment for those loans, estimates for recurring expenses, entertainment, and lifestyle items. That will let you baseline how much money you need for the lifestyle you want to have. Then apply your income to that model and whatever is left distribute out to your loans starting with the highest risk (not forgivable in bankruptcy/would make you homeless if you don't pay) and highest interest rate."}
{"text": " I'll give it a shot, even though you don't seem to be responding to my comment. SIPC insures against fraud or abuse of its members. If you purchased a stock through a SIPC member broker and it was held in trust by a SIPC member, you're covered by its protection. Where you purchased the stock - doesn't matter. There are however things SIPC doesn't cover. That said, SIPC members are SEC-registred brokers, i.e.: brokers operating in the USA. If you're buying on the UK stock exchange - you need to check that you're still operating through a US SIPC member. As I mentioned in the comment - the specific company that you mentioned has different entities for the US operations and the UK operations. Buying through them on LSE is likely to bind you with their UK entity that is not SIPC member. You'll have to check that directly with them."}
{"text": " I did find this information from the US Department of the Treasury: What are the penalties for withdrawing money early from a Time Certificate of Deposit (CD)? Federal law stipulates that all time certificates of deposit (CD) that are cashed out early are subject to a minimum penalty. If you withdraw an amount within the first six days after deposit, the penalty consists of at least seven days' simple interest. Other than that, national banks can set their own penalties; there is no maximum. Additionally, you may want to review the Account Agreement that the bank provided when you opened the account, as it explains the early withdrawal penalties. Check the paperwork to see if there is a short period at the start where the penalty is minimal. Each bank can set their own rules for the maximum penalty. Some base it on x months interest, some as a percentage of the CD, others may use a more complex formula."}
{"text": " What about the debt attached to more recently purchased properties, purchased at the price before the market gets flooded with baby-boomer homes? I'm not an expert in real estate finance, but it sounds like if that downward pressure on prices isn't slight, financial institutions will be taking that risk for anyone who defaults on a mortgage after their property loses a substantial amount of its value.  It seems like immigration could play an important role in offsetting this and keeping the prices stable, but that's a politically unpredictable issue to say the least."}
{"text": " \"Gold had value because it could be stamped with a value.  The value is the number on the coin.   Gold really doesn't have intrinsic value and it's value during a actual famines is very very low.  For more info, see a very interesting digression in \"\"Wealth of Nations.\"\"\""}
{"text": " \"What are you trying to do Exactly?  What is a covariance \"\"profile\"\"? (Cov Matrix)?   Also lose the jargon.  From my understanding you want the same covariance in the portfolio, however it doesn't work like that as covariance is an observed matrix. It's hard enough to target variance in a portfolio (see GMV) and to target covariance would be even more difficult. You can attempt to use the weights you have right now in terms of exposures, but LEAPS may give you unwanted theta.   Are you long short or long only? if you're long only the interplay between the positions is rather irrelevent, as right now all that matters are the weights.\""}
{"text": " Without knowing the specifics it is hard to give you a specific answer, but most likely the answer is no. If they limit the participation in the site to accredited investors, this is probably not something they are doing willingly, but rather imposed by regulators. Acredited investors have access to instruments that don't have the same level of regulatory protection & scrutiny as those offered to the general public, and are defined under Regulation D.  Examples of such securities are 144A Shares, or hedgefunds."}
{"text": " If you are looking for a simple formula or buying order / strategy to guarantee a lower buying price, unfortunately this does not exist.  Otherwise, all investors would employ this strategy and the financial markets would no longer have an validity (aka arbitrage).  Buying any investment contains a certain level of risk (other than US treasuries of course). Having said that, there are many option buying strategies that can employed to help increase your ROR or hedge an existing position.  Most of these strategies are based a predicted future direction of a stock on the investor's part.  For example, you hold the Ford stock and feel they are releasing their earnings report next week.  You feel that they will not meet investors' expectations.  You don't want to sell your shares but what you can do is buy put options.  If the stock does indeed go down then you make money on your put options. Here is a document on options.  It is moderately technical but very good if you want a good introduction on the subject.  The strategy that I described above is on pg 33. http://www.m-x.ca/f_publications_en/en.guide.options.pdf"}
{"text": " Traders trade for a living, stockbrokers tell people to get involved in trades for a living. To be employed as a trader, you need a proven track record of being able to consistently make money. To be employed as a stockbroker, you need to get licensed but you don't need to prove you can consistently make money."}
{"text": " \"Hearing somewhere is a level or two worse than \"\"my friend told me.\"\"  You need to do some planning to forecast your full year income and tax bill. In general, you should be filing a quarterly form and tax payment. You'll still reconcile the year with an April filing, but if you are looking to save up to pay a huge bill next year, you are looking at the potential of a penalty for under-withholding.  The instructions and payment coupons are available at the IRS site.  At this point I'm required to offer the following advice - If you are making enough money that this even concerns you, you should consider starting to save for the future. A Solo-401(k) or IRA, or both. Read more on these two accounts and ask separate questions, if you'd like.\""}
{"text": " &gt; So... the only way airline companies can reduce their carbon tax is to buy new airplanes?  I was giving an example. Better weather forecasts that allow charting routes to avoid turbulence and headwinds could improve fuel consumption without new aircraft."}
{"text": " You should have her sell it to you for the amount of the outstanding loan. You take out a loan in your name for the amount (or at least, the amount you have to come up with). You then transfer the title from her to you, just as you would if you were buying the car from someone else. While the title is in her name, she has ownership. This isn't a technicality, this is the explicit legal situation you two have agreed to."}
{"text": " Oil adds to the costs because it takes man-hours to pump and refine that oil. Materials add to the costs because someone has to put the hours to mine them. Bad weather adds to the costs because someones job is now more difficult and it takes more hours. It forms a kind of net, and at the end of the day everything is just man hours (+ some percentage as profit/taxes).  Land is probably the only exception here as it's quite purely priced by supply and demand. And there are no labor involved in producing it. (actually it's kind of ridiculous that it's possible to own land, against just renting it from government)  \u201cBuy land, they're not making it anymore\u201d - Mark Twain"}
{"text": " Generally, an activity qualifies as a business if it is carried on with the reasonable expectation of earning a profit. In order to make this determination, taxpayers should consider the following factors: The IRS presumes that an activity is carried on for profit if it makes a profit during at least three of the last five tax years, including the current year \u2014 at least two of the last seven years for activities that consist primarily of breeding, showing, training or racing horses. From the IRS document FS-2007-18. The entire text can be found here: http://www.irs.gov/newsroom/article/0,,id=169490,00.html"}
{"text": " Yet we are told, and I assumed, to be a profession of honor. I always thought of bankers as stodgy concervatives who DEMANDED a RESPONSIBLE borrower, not a daredevil trying to become ultra wealthy.  It was a service for growth, not a confidence scam. Too many people are chasing money/wealth as opposed to service and responsible growth. With our GROWTH in population we get a growth in greedy people and predators (and parasites) who's only wish is to obtain wealth for no cost."}
{"text": " Thanks for explaining added value - I do not think professors are much, if any part of the problem, it really does come down to cost in my eyes. Year over year costs go up. As a country we are pricing ourselves out of education. It will continue to create disparity and eventually you will have a large segment of the population saying no way on college (I can get a lot of free courseware on edx.org and other sites).   As numbers drop colleges are going to be hard pressed to really make money.  I often ponder what that money is spent for. I know a chunk goes to sports and other not necessarily academic activities.  I have advocated for years to people who cannot afford to go to a 4yr college to attend community college, get an Associates and make their decision from there.   With exception of the Ivy league schools I do not think there is enough value in 4 yr degree's in the job market. I am in IT and the number of people I have worked with who have had degrees since the early days of my career has dropped greatly. Many of them had non-computer degrees and jumped job fields to fill gaps early on.  Just my two cents. I really believe that most professors are not the problem (unless they are paid huge sums and even that's dependent on a lot of things)"}
{"text": " Paypal UK has a page here: https://www.paypal.com/uk/webapps/mpp/seller-protection Basically they don't just take the seller's word for it, there is a resolution process.  The biggest thing you can do is make sure that you deliver it in a way that requires signature."}
{"text": " \"Yes. S&P/ Case-Shiller real-estate indices are available, as a single national index as well as multiple regional geographic indices. These indices are updated on the last Tuesday of every month. According to the Case-Shiller Index Methodology documentation: Their purpose is to measure the average change in home prices in 20 major metropolitan areas... and three price tiers\u2013 low, middle and high. The regional indices use 3-month moving averages, published with a two-month lag. This helps offset delays due to \"\"clumping\"\" in the flow of sales price data from county deed recorders. It also assures sufficient sample sizes.  Regional Case-Shiller real-estate indices  * Source: Case-Shiller Real-estate Index FAQ. The S&P Case-Shiller webpage has links to historical studies and commentary by Yale University Professor Shiller. Housing Views posts news and analysis for the regional indices. Yes. The CME Group in Chicago runs a real-estate futures market. Regional S&P/ Case-Schiller index futures and options are   the first [security type] for managing U.S. housing risk. They    provide protection, or profit, in up or down markets. They extend to the   housing industry the same tools, for risk management and investment,    available for agriculture and finance. But would you want to invest? Probably not. This market has minimal activity. For the three markets, San Diego, Boston and Los Angeles on 28 November 2011, there was zero trading volume (prices unchanged), no trades settled, no open interest, see  far right, partially cut off in image below.  * Source: Futures and options activity[PDF] for all 20 regional indices.  I don't know the reason for this situation. A few guesses: Additional reference: CME spec's for index futures and options contracts.\""}
{"text": " Interesting thing is, the refusal to engage in a raw deal has been observed down to the level of less developed primates between cucumbers and grapes.  This fact puts a lot of the political and economic narratives being shoved down our throats into perspective."}
{"text": " Fusion Grill Dine &amp; Lounge is the Best Restaurant For Hangout In Navi Mumbai CBD Belapur which offers the cuisine from north India, South India, Chinese, Thai and other famous cuisine. We also offers the vallet parking and complete privacy in dining and eating. For more information, visit the website: http://fusiongrillcbdbelapur.co.in/"}
{"text": " Take your business elsewhere, where the products and services are priced at a level you agree to pay.  This does two things.  First, you end a bad business relationship.  Why bad?  Because you're not happy with the deal.  Second, it sends an unambiguous signal to the losing bank that you were unhappy with their service.  If they offer an exit survey, complete it, and be sure to tell them what made you unhappy with their service. In a free market economy, if consumers all take their business where the terms are favorable, supply and demand would force the banks to compete for consumers' business."}
{"text": " \"The reason for this is arbitrage. In an free and open market, investments that are certain to generate above-average profits would do so by being sold cheaply, while having a high return on investment after that. But in a free market, prices are set by supply and demand. There is a high demand and little supply for investments that would certainly outperform the market. The demand is in fact so high, that the purchase price rises to the point of eliminating that excess return. And with high-frequency automated trading, that price hike is instant. But who would even want to sell such guaranteed outperformers in the first place? Of course, there are uncertainties associated with stocks, and individual stocks therefore move independently. As \"\"the market\"\" is an average, some stocks will therefore beat the market over certain time periods. That's random statistical variation. The only realistic path to above-average returns is to accept higher risks. As discussed above, nobody wants to sell you safe bets. But risky bets are another matter. Different actors will price risk differently. If you aren't worried much about risk, you can pick up stocks that are cheap by your standards. That is possible only because such stocks aren't cheap by risk-averse standards.  Looking a bit deeper, we see that arbitrage works in a free market because there's essentially perfect information. But risk is precisely the absence of such information, and that can lead to price variations. Yet, as the lack of information means a lack of certainty, you can't use this to reliably beat the market.\""}
{"text": " The HST is a sales tax levied on most goods and services. It is important to realize that in both BC and Ontario, the new HST does not (in most cases) result in an increase in sales tax paid. For example, in Ontario the PST is 8% and when combined with the GST the sales tax is 13%. With the HST, the GST and PST are replaced by a single HST of 13% so the tax bill does not change. Some services that were previously not subject to PST (such as mutual fund service fees and labour) will now be subject to the HST. So some things will increase. Over time, this should not have a material impact on the consumer due to the way businesses remit GST/HST."}
{"text": " **Pearl River Delta**  The Pearl River Delta (PRD), also known as Zhujiang Delta or Zhusanjiao, officially known as the Yuegang'ao Greater Bay Area or Guangdong\u2014Hong Kong\u2014Macau Greater Bay Area, is the low-lying area surrounding the Pearl River estuary, where the Pearl River flows into the South China Sea. It is one of the most densely urbanized regions in the world and is an economic hub of China. This region is often considered an emerging megacity. The PRD is a megalopolis, with future development into a single mega metropolitan area, yet itself is at the southern end of a larger megalopolis running along the southern coast of China, which include metropolises such as Chaoshan, Zhangzhou-Xiamen, Quanzhou-Putian and Fuzhou.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"}
{"text": " \"In most jurisdictions, both the goods (raw materials) and the service (class) are being \"\"sold\"\" to the customer, who is the end user and thus the sale is subject to sales tax. So, when your friend charges for the class, that $100 is subject to all applicable sales taxes for the jurisdiction and all parent jurisdictions (usually city, county and state). The teacher should not have to pay sales tax when they buy the flowers from the wholesaler; most jurisdictions charge sales tax on end-user purchases only. However, they are required to have some proof of sales tax exemption for the purchase, which normally comes part and parcel with the DBA or other business entity registration paperwork in most cities/states.  Wholesalers deal with non-end-user sales (exempt from sales tax) all the time, but your average Michael's or Hobby Lobby may not be able to deal with this and may have to charge your friend the sales tax at POS. Depending on the jurisdiction, if this happens, your friend may be able to reduce the amount the customer is paying that is subject to sales tax by the pre-tax value of the materials the customer has paid for, which your friend already paid the tax on.\""}
{"text": " There are people whose strategy revolves around putting orders at the bid and ask and making money off people who cross the spread.  If you put an order in between the current bid/ask, people running that type of strategy will usually pick it off, viewing it as a discount to the orders that they already have on the bid/ask.  Often these people are trading by computer, so your limit order may get hit so quickly that it appears instantaneous to you.  In reality, you were probably hit by a limit order placed specifically to fill against yours."}
{"text": " Why for years has every broadband provider and their lobbyists been against anything net neutrality. Verizon sued because of imposed net neutrality rules and won, leaving Title II the only way to enforce net neutrality.   Why believe they won't just bribe congress to allow paid-prioritization, throttling, zero-rating and blocking?  These broadband companies need to start putting their money where their mouth is and stop with the bullshit lobbying against anything and everything remotely pro-consumer."}
{"text": " I have USAA and the home loan process was a nightmare.  My account was also compromised but I caught it immediately because they sent me an alert of a large sum of money being transferred to my checking account, so there is that.  I just found out that Navy Federal finally accepts Army veterans (it hadn't up until a couple of years ago) so I have an account with them just so I can get different loan options and credit card rates.  Navy Federal has minimums for getting ATM refunds while USAA doesn't, so for now I just have a savings account with them."}
{"text": " I don't understand why it would be going (I mean I do, money) up. I would imagine that a large majority of the people who signed up, who did not previously have health insurance, were mostly healthy and not use the healthcare system that often. Shouldn't the new wave of healthy people help leverage the sick people in the system some? Shouldn't the extra inflow of money into the health care system, by people that aren't going to be using the health care system frequently, lower the costs for everyone. I thought that was the whole argument on why this was going to work in the first place..."}
{"text": " Lets say the hurdle rate for this company is 10% and the current return on assets is 8%. A linear increase in revenue and earnings would actually destroy some value as projects that have a 9% return are accepted even though they destroy value for the shareholder.  hope this helps!"}
{"text": " didn't pay the extra underpayment penalty on the grounds that it was   an honest mistake. You seem to think a penalty applies only when the IRS thinks you were trying to cheat the system.  That's not the case. A mistake (honest or otherwise) still can imply a penalty. While you can appeal just about anything, on any grounds you like, it's unlikely you will prevail."}
{"text": " \"idea that somehow people will take a lower income job and automatically grow into a higher paying one.  It doesn't happen automatically. But it does happen all the time. It's climbing the corporate ladder if you will.   \"\"leads to trying to have a workforce that's minimum wage with little room for growth\"\"  Simply untrue at most successful companies. If you provide value, they pay you what your worth or you jump (if you are smart enough). I see it all the time.   Minimum wage may or may not have kept up with inflation, by that's like saying working at McDonald's only affords me such and such lifestyle. Defined circumstances are required to solve the problem. Inflation isn't directly solved by upping the minimum wage so move on to a better solution.   \"\"Jobs a worthy cry but can't be only metric to ensure people have opportunity to live decently\"\".   Jobs are the opportunity. Where there is specific abuse in the workplace denying people equal job opportunity, we fight it. If you don't pay me enough, and I am forced to work for you... that's called indentured servitude which is an abuse and illegal as humans are property in such a case. But if you force me to pay you more than I want to, somehow that's okay? Goes both ways. Leave to a company that pays you what your worth if I don't pay you enough. This is how the most people grow over time to better salaries and more prestigious titles.  \"\"Lots of college grads with low paying jobs\"\"  Define \"\"low paying\"\". I'm a college grad. Wife is too. Lots of people I know are. What $ we make varies greatly from person to person based largely upon the opportunities we created/took not because of a mandated min wage.\""}
{"text": " \"To do all of those things we need people in office substantially different than them there now. At first I read that as\"\" decartesianization\"\" and was about to ask about your far out philosophy and/or new metalanguage for drafting the new world's blueprints, hah! Yes, I think I mostly agree with your list of good changes. Labor absolutely needs to be upheld. Less emphasis on money systems in general, and ensuring we use it benevolently. I think the r&amp;d we need to be doing is more in line with nature and focused on preserving and using what the world can comfortably produce and maintain--forests have some pretty wild materials science going on already, do we really need to keep thinking in terms of plastics and electronics? Maybe, maybe not. I don't think the real answers are in technology the way we've used it so far. Maybe I am reading it incorrectly. If you're going to talk about arduino saving the world I guess I'd like to have that convo, but darpa and mit kinda freak me out with how amoral they seem sometimes.   Those changes and revivals you suggest require us thinking more from the heart, being fiercely compassionate and willing to risk much personally if they are to last or be meaningful. Who can do such a thing these days? Where do you suppose these things begin?   I have encountered the phrase you hyperlink before. It really struck me! I thought back to moments earlier in my life when I made a decision based on the thought of that million dollar inevitability. But to still cling to that in this day and age requires a courageous ignorance anymore. I almost admire the people who are still able to believe in it, I admire the power of their faith. Dick cheney is a hero for america whether america likes it or not because he does so much to keep the momentum of the machine going--if the reality of the world without those systems is too scary then dick cheney is a hero for that person, for that person's tacit participation in it or fear of figuring out what that means for them. It removes the experiencing of huge parts of life. Compounded with the quality of food, water, air required to keep everyone in an air conditioned office of amoral consumption industries, I think the back being sore from digging and herding is worth more than carpal tunnel syndrome and fucked feet/legs from the desk. And remember to roll a tennis ball under your feet for a few mins every day to stretch your fascia! It tickles! Thank you very much.\""}
{"text": " You're an idiot. Apple is another company on his list.  You're laughing now but in a few years no jobs will be in the U.S. You'll be shoving burgers down your throat and helping pay for foreign countries infrastructure and school systems."}
{"text": " \"This is the best tl;dr I could make, [original](https://openknowledge.worldbank.org/handle/10986/27615) reduced by 75%. (I'm a bot) ***** &gt; AbstractLatin America and the Caribbean does not have the infrastructure it needs, or deserves, given its income.  &gt; Many argue that the solution is to spend more; by contrast, this report has one main message: Latin America can dramatically narrow its infrastructure service gap by spending efficiently on the right things.  &gt; Unlike most infrastructure diagnostics, this report argues that much of what is needed lies outside the infrastructure sector - in the form of broader government issues-from competition policy, to budgeting rules that no longer solely focus on controlling cash expenditures.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6o5c4m/rethinking_infrastructure_in_latin_america_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~170098 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*: **infrastructure**^#1 **America**^#2 **spend**^#3 **report**^#4 **identifies**^#5\""}
{"text": " because thats not how insurance works. Yes, they make a profit, but the only reason any single person can get a policy is because there is a pool of people large enough to spread the risk. That means there needs to be healthy people too. The bigger the pool, the lower the cost. If you're still pissy at that point that it's expensive it's not the insurance company at that point, its the actual costs of medical care that are expensive and require a policy as expensive as it is to cover those costs."}
{"text": " Hmm well the methods used differ depending on the asset class. I've worked with a REIT and PE on a few different types of commercial projects. For a general overview though I would say look up courses at a local community college and purchase the text books on the syllabus. Some asset classes also have free industry updates which can give you an broad overview. Feel free to PM me if you want to talk specifics."}
{"text": " I'm sore but the MAJORITY OF AMERICANS don't want to wash dishes as a career choice. My goodness even if you are the son or daughter of a well of family they don't actually expect their kiddo to work hard. This is HARD work we are taking about, laboring in sun, hot dishwashing, waking up at 4am to clean rooms. I have just never seen a well off family do work like this. It's really for poor Americans but let me tell a single mom can't survive on season work, temporary, no benefits all hours. It just isn't work for any American who wants to be successful. But no worries all hear jobs will go to AI in the future anyway!!! Then there will a crap ton more out of work\ud83d\udc4c"}
{"text": " The government isn't shutting these people down, private corporations are. Also, just based on the demographics of this site, I'm assuming you're a straight white man. They're not targeting you, so you have the luxury of detaching yourself from the rhetoric they spout."}
{"text": " Is there anything here I should be deathly concerned about? A concern I see is the variable rate loans. Do you understand the maximum rate they can get to? At this time those rates are low, but if you are going to put funds against the highest rate loan, make sure the order doesn't change without you noticing it. What is a good mode of attack here?  The best mode of attack is to pay off the one with the highest rate first by paying more than the minimum. When that is done roll over the money you were paying for that loan to the next highest. Note if a loan balance get to be very low, you can put extra funds against this low balance loan to be done with it. Investigate loan forgiveness programs. The federal government has loan forgiveness programs for certain job positions, if you work for them for a number of years. Some employers also have these programs.  What are the payoff dates for the other loans? My inexact calculations put a bunch in about 2020 but some as late as 2030. You may need to talk to your lender. They might have a calculator on their website.  Why do my Citi loans have a higher balance than the original payoff amounts? Some loans are subsidized by the federal government. This covers the interest while the student is still in school. Non-subsidized federal loans and private loans don't have this feature, so their balance can grow while the student is in school."}
{"text": " \"If you think your cash will buy fewer goods in the future due to inflation, are there goods you will want or need in the future that you can purchase now? I think the cost of storage would need to be less than the inflation in price for this to make sense. If you used commodity trading there may not actually be a storage cost but likely some fees involved that would need to be weighed against the expected inflation. Basically if \"\"things\"\" are going to cost more in the future, making your cash worth less, can you convert cash into \"\"things\"\" before prices escalate?\""}
{"text": " \"no way -- he suggests that if you don't have an edge, no one needs to play the game. He doesn't like the idea of a \"\"lesser bad\"\" way to invest (MPT).   If you do decide to get involved in investing, then it's about absolute performance, not relative. He believes that the whole relative performance thing -- beating some arbitrary benchmark -- is just an artificial construct.\""}
{"text": " Because what is going on now isn't harming the rest of them? It is certainly harming an unprecented number of individuals around the world.  Institutions choose which markets they operate in, and make decisions on how much risk they will be exposed to in these markets. If an institution makes poor decisions, they should wear the consequences, as it would be for any other individual/business in other situation.   'Too big to fail' is a cop-out."}
{"text": " \"I'm not sure I understand your question, but I'll try to answer what I think you're asking. I think you're asking this: \"\"A US bank receives a wire transfer from a Chinese bank. How does the   US bank ensure there's any money in fact arriving before crediting the   destination account?\"\" Well, the way wire transfers work is that the US bank would debit the senders' account with that US bank. So the US bank in fact transfers the money between two internal accounts: debit to the Chinese bank's account with that US bank and credit the destination customer account. If the Chinese bank doesn't have an account with the destination US bank - a third party intermediary is used that both banks have accounts with. Such third party will charge an additional fee (hence sometimes the wire transfer fees are slightly higher than you initially know when sending the money, the third party would debit from the transfer amount). \"\"Regular\"\" IBAN/ACH transfers work through regulatory channels that ensure integrity and essentially use a regulatory bank as that third party. But because they're done in batches and not on-line, they're much cheaper, and the accounting is for the whole batch and not each transfer separately. But batch processing means it will take a day or two of processing, while wire transfer takes hours at most.\""}
{"text": " In my opinion, every person, regardless of his or her situation, should be keeping track of their personal finances.  In addition, I believe that everyone, regardless of their situation, should have some sort of budget/spending plan. For many people, it is tempting to ignore the details of their finances and not worry about it.  After all, the bank knows how much money I have, right?  I get a statement from them each month that shows what I have spent, and I can always go to the bank's website and find out how much money I have, right?  Unfortunately, this type of thinking can lead to several different problems. Overspending.  In olden days, it was difficult to spend more money than you had.  Most purchases were made in cash, so if your wallet had cash in it, you could spend it, and when your wallet was empty, you were required to stop spending.  In this age of credit and electronic transactions, this is no longer the case.  It is extremely easy to spend money that you don't yet have, and find yourself in debt.  Debt, of course, leads to interest charges and future burdens. Unpreparedness for the future.  Without a plan, it is difficult to know if you have saved up enough for large future expenses.  Will you have enough money to pay the water bill that only shows up once every three months or the property tax bill that only shows up once a year?  Will you have enough money to pay to fix your car when it breaks?  Will you have enough money to replace your car when it is time?  How about helping out your kids with college tuition, or funding your retirement?  Without a plan, all of these are very difficult to manage without proper accounting.   Anxiety.  Not having a clear picture of your finances can lead to anxiety.  This can happen whether or not you are actually overspending, and whether or not you have enough saved up to cover future expenses, because you simply don't know if you have adequately covered your situation or not.  Making a plan and doing the accounting necessary to ensure you are following your plan can take the worry out of your finances. Fear of spending.  There was an interesting question from a user last year who was not at all in trouble with his finances, yet was always afraid to spend any money, because he didn't have a budget/spending plan in place.  If you spend money on a vacation, are you putting your property tax bill in jeopardy?  With a good budget in place, you can know for sure whether or not you will have enough money to pay your future expenses and can spend on something else today. This can all be done with or without the aid of software, but like many things, a computer makes the job easier.  A good personal finance program will do two things: Keeps track of your spending and balances, apart from your bank.  The bank can only show you things that have cleared the bank.  If you set up future payments (outside of the bank), or you write a check that has not been cashed yet, or you spend money on a credit card and have not paid the bill yet, these will not be reflected in your bank balance online.  However, if you manually enter these things into your own personal finance program, you can see how much money you actually have available to spend. Lets you plan for future spending.  The spending plan, or budget, lets you assign a job to every dollar that you own.  By doing this, you won't spend rent money at the bar, and you won't spend the car insurance money on a vacation. I've written before about the details on how some of these software packages work.  To answer your question about double-entry accounting: Some software packages do use true double-entry accounting (GnuCash, Ledger) and some do not (YNAB, EveryDollar, Mvelopes).  In my opinion, double-entry accounting is an unnecessary complication for personal finances.  If you don't already know what double-entry accounting is, stick with one of the simpler solutions."}
{"text": " Ownership has everything to do with it. If I created a block-wide lawn mowing service and forced you to pay for it but I mowed your lawn, your objection to buying my service wouldn't make you the bad guy. You'd say that you don't want my lawn mowing service, and even if you did enjoy the lawn after I took your money and mowed it, you could still object to it and want a different method of taking care of your lawn. The same could be said for any other good/service out there."}
{"text": " Thanks for answering!  So given that the HR recruiters wouldn't know much about the role in-depth, what would be the best way to make some sort of impression on them, and what sorts of questions should I be asking if not technical ones?"}
{"text": " I like the article concept, about seeking help where needed. This is something where an advisory board comes into play.   That said, it is super important that you seek advice specifically in areas you are lacking. You want fresh ideas and people that will challenge your ideas."}
{"text": " You didn't answer my questions above, but the biggest factor if the two interest rates are similar is what it will cost you for mortgage insurance if you do not include a 20% down-payment on your next house purchase. I would take the extra money from the proceeds of the other sale to get to a 15-year loan on your next house, then put all of your extra money into paying down the student loans ahead of the 7 year schedule."}
{"text": " i disagree. if a country has sovereign currency, then there is no squandering.  where does that money come from in the first place?  govt creates it, and spends it into the economy through deficit spending.  And govt gets a service or product in return from that spending. Govt deficit spending = private sector savings."}
{"text": " Politicizing the hospitality industry might send a few more customers your way but I'm sure that some sort of anti-PC Hollywood version of a roadhouse / biker bar / casino / hotel that was semi-tasteful enough to attract tourists would be a safe bet."}
{"text": " Of course there is. Plenty of people in finance with average degrees. Front office may be difficult but there are plenty of middle office and back office roles that don't care as much about pedigree. On top of that finance is becoming one of the more reliable industries that are always hiring (at least until the next market crash)"}
{"text": " Finding that perfect assisted living facility may be difficult and confusing to choose. There are few factors one should look for before signing the dotted line. We asked summerfield.com owner, Rebecca Landau, to tell us, what makes her facility a sought after place for elderly looking for a Utah retirement.   What is assisted living? This is the most popular solution for elderly people who cannot live independently. It is place where residents will not have to cook their own meals or cut the grass. Our Summerfield Retirement facility offers less expensive residential care while providing a broad range of assistance.   What are the services you provide? Residents get assistance with their bathing, dressing, eating and any other needs. All three meals are cooked from freshly sourced ingredients taking into consideration the dietary needs of each resident. With 24 hour call-light assistance and customized care plan, residents remain socially active while maintaining their independence. Even though the Timpanogos Hospital is right across the street we have specialized doctors, dentists, and podiatrists making regular scheduled visits.  How is the quality of life at an assisted living community? The quality of life can well be seen on the faces of our residents. Every resident has made friends with each other and socially interacts with like-minded people. Daily exercise and a variety of different activities keep them active and happy. Scenic outings, bingo, musical performances, an onsite library, and gym ensure there is never a dull moment at Summerfield.   The best part about our UTAH retirement home is our ability to adapt to and provide support as needed by each resident. An elderly person with less mobility will require a different set of support than someone having trouble remembering details. So instead of losing all their independence and privacy, we provide and adaptable environment.   Information about our community Contact:  Phone: (801) 434 \u2013 7581 Address: 911 North 800 West Orem, Utah 84057 Send questions and inquiries through our contact form:  http://summerfieldinfo.com/contact/"}
{"text": " You are right: also Obama had GDP &gt;3% is several quarters during his time.  Back to Trump, the excuse that it's Obama accomplishments is not a good one.   The stock market breaking records, and it's only because  because of faith in Trump."}
{"text": " An entrepreneur that makes their company massively overvalued with zero actual underlying ability to generate profit is way fucking worse than entrepreneur that never gets off the ground to begin with, because the latter doesn't lose investors tens of billions of dollars.   Travis losing a shit ton of money is not a positive sign for him as an individual."}
{"text": " On last nights episode of The Profit Marcus made an offer to the owner of a coffee company. The owner said up front he has 51% with the remaining 49% split between two early investors.  Marcus asked for 40%, said the owner will have 40% and the investors will be reduced to 20%.  Question is how can the owner agree to that deal and take equity away from the investors? It's not his percentage to sell."}
{"text": " I would apply extra cash left over at the end of the month as follows, in order of priority: Realize, though, that this is my take on priority. My experience has been that a liquidity crisis is much more stressful than having a mortgage or other debt -- illiquid wealth is almost useless when you need cash. So if you still have strong feelings about retiring that debt after considering the liquidity issue, go ahead and swap #3 and #4 above. Make plans to pay off the mortgage over the next 10 years. Find a mortgage payoff calculator and make extra monthly payments that keep you on a 10 year schedule. I'd strongly suggest making sure your retirement savings are on track, though. Time is on your side here, and your required monthly contribution will be low now while you're still in your 20s."}
{"text": " \"Maybe in your echo chamber of idiocy.  Here in reality, we can [actually look at the historical results of these \"\"fake polls\"\"](https://projects.fivethirtyeight.com/2016-election-forecast/national-polls/). 47-43. 38-36. 42-39. 45-41. 47-43. And the list goes on. All these polls show a slight but consistent edge for Clinton just on the edge of a typical margin of error.\""}
{"text": " \"Two things.  1.  You can sue anyone for anything.  You may not win, but you can sue for any reason.  2.  You're confusing trademark and copyright.  Copyright inheres at the moment of creation.  You don't have to file a copyright to have it be enforceable.  Trademark is a little trickier, but is for the protection of the consumer and use of a mark is part of what creates its value and the ability to defend it.  However, you cannot copyright nor trademark ideas.  Copyrights must be \"\"reduced to practice.\"\"  Broadly speaking, that means you have to have done something to create it, not just think about it.  And trademark doesn't apply here.    He could file for a patent, but that would need to have a specific filing and often takes a fairly significant amount of time in which case it's defensible even when some guy copies you.  In short, guy is a moron.\""}
{"text": " \"You seem to be on the right track.  I feel, though, that it's worth addressing your maintenance budget.  Even if both cars described in your question are from the same model year, one has been in service 2x more; one car has been on the road, in weather, twice as much as the other.  I'm not sure what's being represented in the $6k of maintenance, but a whole host of systems can require maintenance or replacement at 200k+ miles.  A/C compressor, all sorts of rubber parts (seals, hoses, belts, bushings), computer systems, stereo, window regulators, the list goes on.  I don't know at what point the battery on a hybrid needs to be replaced, or what that replacement entails, but likely the battery or the hybrid recharge system will require something after 200k miles of service.  I would learn more about what actual maintenance a high mileage prius can experience. To answer your question though, at this level of \"\"used\"\" I don't think the dealership adds anything to the equation.  When you're buying certified pre-owned, the dealership/manufacturer relationship and warranty can be meaningful.  When you're buying a 100k+ miles car from a random small used car lot it might as well be a stranger on craigslist...\""}
{"text": " If you haven't already, check out his earlier articles when he was at DealBreaker.com - GREAT stuff, my [favourite one](http://dealbreaker.com/2011/09/lets-just-go-ahead-and-assume-that-greek-letters-evil/) is when UBS had a delta one trader Kweku losing $2.1b from unauthorized/unreported trades in the midst of Dodd Frank/Volcker Rule was being discussed.   &gt; A thing that you probably do is go borrow one million shares of UBS and sell them short. This is a sensible thing to do. Why is it sensible? Well, for one thing, your desk is called \u201cdelta one,\u201d and you\u2019ve written a derivative, and you want to delta hedge that derivative, and so you pull out a Black-Scholes calculator and plug in a lot of variables and get stuck but then you look at your business card and you\u2019re like, oh, shit, the answer is \u201cone,\u201d"}
{"text": " \"You're making $100k together per year: you're not in the donut hole, you're in the top 25% of all households, and the top 10% of non-family households (as yours would be).  To be blunt, you're not in the \"\"rely on assistance\"\" area: you're in the \"\"save up for your downpayment\"\" sector. My suggestion would be to figure out a way to save more than $200-$400 a month for now.  $100k gross income means you have about $8k net income per month; $2k for rent and other necessities means you have $6k per month that you can potentially save.  Even half of that - $3k per month - means you have $24000 saved by the end of this year, and $36000 on an annual basis. As far as marriage or domestic partnership - I wouldn't get into one based on whether it helps you afford a home.  It might be a good idea because it helps you handle some of the details arising when you have joint property, perhaps, but not solely for the financial aspect. And as far as how much home is realistic?  $250k is certainly realistic if you can save up enough for a good down payment.  Try to get to the 20-25% range.  If you're already halfway there, another year of renting won't kill you, and it will mean no PMI and much better rates.   Also consider a 15 year mortgage; we're in the same general income category as you and manage a 15 year on a $250k range house quite nicely.  It doesn't add all that much to your monthly payment amount, compared to what you'd expect - particularly since the monthly payment includes property taxes which won't increase based on the length of the mortgage. Now that we have actual numbers from the OP: So, without cutting anything, you have $2k yourself you can be saving.  (This assumes your rent number of $1345 is your portion of rent, and not the 100% amount.)  That's $24000 per year, just by yourself.  On top of that, you've got another $40k or so coming from your partner, at least some of which should be available as well if he/she is going to be co-owning?  But if not, at least you have about $2000 a month you can be saving.  You could also downsize the car, cut cable TV, downsize the phone, and have another $500 or so available - but it doesn't really look like you need to do that, given how much you have available now. I'd look at what you're doing with that ~$2000 per month right now, and see how you can free most of it up.  You haven't mentioned a few things like utilities, not sure if that's just forgetfulness or if your partner is paying them; so perhaps not all of it is available.  But - even $1000 a month is $12000 to add to the $20000 you have now, which makes a big dent in that down payment.\""}
{"text": " Many times, specific CEOs are hired by the board in part because the board members will also at times in the future possibly be in the running to be the CEO of a company, and the previous CEO's they voted for in may wind up being on the board of the company they want to be CEO of. So one hand makes damn sure it's washing the other.  It's a very incestuous process and not uncommon for CEOs of one company to be sitting board members on another."}
{"text": " Today Richard Steggall runs Urban FT, Inc., that is acknowledged as the superior and one among the fastest developing providers of Digital Banking solutions to around 80 Community and Regional Banks as well as Credit Unions in the United States, and plenty of international brands. He is one of the members of the Young Entrepreneur Council."}
{"text": " Your idea is a good one, but, as usual, the devil is in the details, and implementation might not be as easy as you think.  The comments on the question have pointed out your Steps 2 and 4 are  not necessarily the best way of doing things, and that perhaps  keeping the principal  amount invested in the same fund instead of taking it all out and re-investing it in a similar, but different, fund might be better. The other points for you to consider are as follows. How do you identify which of the thousands of conventional mutual  funds and ETFs is the average-risk / high-gain mutual fund into which you will place your initial investment?  Broadly speaking, most actively managed mutual fund with average risk are likely to give you  less-than-average gains over long periods of time.  The  unfortunate truth, to which many pay only Lipper service, is that  X% of actively managed mutual funds  in a specific category failed  to beat the average gain of all funds in that category, or the  corresponding index, e.g. S&P 500 Index for large-stock mutual funds, over the past N years, where X is generally between 70 and  100, and N is 5, 10, 15 etc.  Indeed, one of the arguments in  favor of investing in a very low-cost index fund is that you are effectively guaranteed the average gain (or loss :-(, don't forget the possibility of loss). This, of course, is also the argument used against investing in index funds.  Why invest in boring index funds and settle for average gains (at essentially no risk of not getting the average performance: average performance is close to guaranteed) when you can  get much more out of your investments by investing in a fund that is among the (100-X)% funds that had better than average returns?  The difficulty is that which funds are X-rated and which non-X-rated (i.e. rated G = good or PG = pretty good), is known only in hindsight whereas what you need is foresight. As everyone will tell you, past performance does not guarantee future results.  As someone (John Bogle?) said,  when you invest in a mutual fund, you are in the position of a rower in rowboat: you can see where you have been but not where you are going.  In summary, implementation of your strategy needs a good crystal ball to look into the future. There is no such things as a guaranteed bond fund. They also have risks though not necessarily the same as in a stock mutual fund. You need to have a Plan B in mind in case your chosen mutual fund takes a longer time than expected to return the 10% gain that you want to use to trigger profit-taking and investment of the gain into a low-risk bond fund, and also maybe a Plan C in case the vagaries of the market cause your chosen mutual fund to have negative return for some time. What is the exit strategy?"}
{"text": " Why is it so hard for people to shed their partisan blindfolds and embrace this simple fact: if you pay the middle class and the poor less, there will be less internal demand. It's basic economics, basic arithmetic really.   What happens when the rich gain an extra dollar? 90% of it goes into some investment, like shares or hedge funds, and so out of the real economy.   What happens when the middle class gains an extra dollar? $0.95 gets spent into the real economy, and only the rest goes into savings.   Is it really that hard to understand the mechanics of this, and do the impact of riding inequality?"}
{"text": " I'm not sure why you're confusing the two unrelated things. 1040ES is your estimated tax payments. 941 is your corporation's payroll tax report. They have nothing to do with each other. You being the corporation's employee is accidental, and can only help you to avoid 1040ES and use the W2 withholding instead - like any other employee. From the IRS standpoint you're not running a LLC - you're running a corporation, and you're that corporation's employee. While technically you're self-employed, from tax perspective - you're not (to the extent of your corporate salary, at least)."}
{"text": " The target date investment will automatically reduce equity exposure and increase bond exposure as it approaches retirement date.  If you are unlikely to make adjustments as you get older, you may be setting yourself up for more risk down the road.  Only you can decide what level of risk you can tolerate as you chase higher gains."}
{"text": " Phil Wombwell is an MBA graduate with work experience in World\u2019s best finance industries. This man has all the abilities to crack any deal with best financial decision. Phil is also a CEO of Mercury Partnerships London. This company provides best opportunities to their clients for best investment plans for extra benefit.for more visit https://pro.whitepages.com/bc-contact-us/"}
{"text": " You said all public employees should be required to fly coach. I never claimed more than that in my response. I simply pointed out why this was a silly thing to get worked up over.  You didn't explain what you did. Nor does it matter.  Again, tax dollars and union dues are two very different things. Just like private company profit is different.  You can have an opinion on tax dollars.  Union practices are none of your business unless you're paying dues."}
{"text": " This is an old question that has an accepted answer, but it has gotten bumped due to an edit and the answers given are incorrect. I am assuming this means that every other Friday, the company is going into the open public market, buying those shares and then giving it out to the employees. No. Companies will internally hold shares that it intends to offer employees as additional compensation. There are no open market transactions, so the market price of the stock does not change (at least not due to buying pressure).  The only net effect is an equivalent expense for the compensation, but that should already be accounted for in the share price as normal operating expenses. These share may come through an initial buyback from the market, but more common is that when companies issue new shares they keep some internally for exactly this situation.  If they issued new shares every pay period, it would dilute the existing shares several times a quarter which would be difficult to account for."}
{"text": " \"There are likely to be two approaches: An autodialer of any description would be more than capable of sending an SMS or initiating a direct telephone call with any set of telephone numbers.  Such autodialiers can run off a personal computer via VoIP or some such third-party.  As to getting the numbers, it can be either from a purchased list (if they're serious about this and are obeying any call opt-out lists) or simply a number range dialed sequentially, whether they work or not. In a more serious operation, any returns are fed directly to a call centre where real human beings then initiate direct contact.  Otherwise it is simply a fishing expedition and any valid numbers can then be sold to other agencies as a screened list (and, therefore, more valuable). From an SMS perspective, anyone can purchase a vendor-level SMS Gateway subscription (of which there are loads of vendors - and note the number that allow \"\"web-to-SMS\"\") which permits you to receive and respond to any SMS received. This is always about the \"\"law of large numbers\"\".  If they can get in the hundreds of thousands of valid numbers and a small number respond then they can make money.  Like any spam, because a few are gullible, the rest of us are targets too. Update: A few searches for \"\"software auto sms\"\" and similar results in a fair number of prospects.  As I don't wish this to become too much of a \"\"how-to\"\" I'm not going to link.\""}
{"text": " \"I know of one practical difference between business checks (8\"\" check) and personal checks (6\"\" check) dealing with the paper check conversion rule to electronic debit.   The National ACH Association, created a rule that allows receivers of checks without an \"\"Auxiliary On-Us\"\" field, to convert your check into an electronic debit via the ACH network.  By default, 6\"\" checks (personal checks) do NOT have the AUX ON-US field, and are eligible to be converted to ACH debit. If you do not want your paper checks converted to ACH debits, then start using business checks with the AUX ON-US field populated.  You can use business checks for business or personal checking accounts. More information can be found below: http://www.deluxe.com/miscfiles/pdf/AuxOnUsField.pdf http://www.achrulesonline.org/\""}
{"text": " All unsubstantiated opinions.   &gt;there is no such thing as a relation between any interest rates and the cost to service the loans  Really. No relation whatsoever? And your background in finance letting you understand this is what?  Are you telling me every bank of the [7,213](http://www2.fdic.gov/idasp/) independent banks are in cahoots and none of them compete based on prices and services?  Can you give me precise evidence that all those independent banks are not in competition? What should the price be for capital if the current prices are incorrect, and tell me why."}
{"text": " I would say your decision making is reasonable.  You are in the middle of Brexit and nobody knows what that means.  Civil society in the United States is very strained at the moment.  The one seeming source of stability in Europe, Germany, may end up with a very weakened government.  The only country that is probably stable is China and it has weak protections for foreign investors. Law precedes economics, even though economics often ends up dictating the law in the long run. The only thing that may come to mind is doing two things differently.  The first is mentally dropping the long-term versus short-term dichotomy and instead think in terms of the types of risks an investment is exposed to, such as currency risk, political risk, liquidity risk and so forth.  Maturity risk is just one type of risk. The second is to consider taking some types of risks that are hedged either by put contracts to limit the downside loss, or consider buying longer-dated call contracts using a small percentage of your money.  If the underlying price falls, then the call contracts will be a total loss, but if the price increases then you will receive most of the increase (minus the premium). If you are uncomfortable purchasing individual assets directly, then I would say you are probably doing everything that you reasonably can do."}
{"text": " That makes sense but, given that, should I - at least for now - abstain from putting money into a system that is being so abused? Any money I put into my current mutual funds is going to support banks and the energy sector."}
{"text": " Yeah having the government guarantee basically the entire housing finance industry has done the same thing as university eduction. In a larger sense those in their 20s did get screwed because the Baby Boomers mortgaged their future to keep prices artificially high for their assets."}
{"text": " \"Perhaps they all started betting on a downturn too early? Much of the whispers I've been hearing for the last year from \"\"smart money\"\" people have been about being at a peak. Peak of what, they can't tell you. But i dunno because negative 7 percent when your benchmark is up 10 must be not fun to report\""}
{"text": " &gt;I believe that decisions should not be based on ideology but on their merits and results  This is the exact opposite of your argument.  Good luck with your future endeavors. I hope it's never a law firm."}
{"text": " Popular kids probably care more about status and material things than nerds. Consequently, they're motivated to work hard to achieve those things, ask for raises, etc.  As a nerd, I can't say I'm very motivated by money once my basic needs are met. I'd rather work with people I find interesting or pleasant, doing things I find interesting. Certainly I wouldn't turn down lots of money if someone threw it at me, but I wouldn't do something I didn't like or work with people I found disagreeable for more compensation.  Just my opinion."}
{"text": " Let's be real, at this point in time it was pretty well known that these 3 banks weren't going to be allowed to fail no matter what (Goldman Sachs failing lol) . And Buffet is privy to a lot more information than your average investor. Let's not act like he was some heroic figure. Good investment, sure."}
{"text": " I'd suggest looking at something like the Dummies series of books for this.   Something like: Sometimes the books are combined into one big book.  This would be the best bet.  It's were I started.  Every time I wondered something I just looked it up and learned. They are perfectly fine for the novice. Hope this helps."}
{"text": " Just tell the buyer that there is a lien and explain the situation. Give them the car with a bill of sale after they buy the car from you. They can get a temporary tag at least in the State of Florida during this period of time. Take the buyer's money and deposit the check. Pay off your loan. Ask your bank to expedite the electronic title by paying a fee. I did this in March 2012 with no hassle at all. I was the seller. Some buyers may balk at this idea so just keep this in mind."}
{"text": " Social Media Job for this Month:  Use the link below to generate traffic and earn money 5$-10$ for every unique visitor that clicks your link. Good places to start posting your link are social websites like Facebook, Twitter, Google+, Youtube, forums, chat rooms, blogs, etc."}
{"text": " It doesn't matter. A convert can be recreated by using other instruments, so it can never be removed from the market. Kind if like an Asian market which tried to remove options or futures or some exotic derivative. Investors just created synthetic positions with the same properties."}
{"text": " Hope you figure it out.  There wouldn't be a different RFR / discount rate because you're assuming a return on parked cash - that's what it's for.  Since both situations would theoretically happen simultaneously you use the same rate unless you would do something different with cash in each instance."}
{"text": " From Investopedia, A stock split is usually done by companies that have seen their share   price increase to levels that are either too high or are beyond the   price levels of similar companies in their sector. The primary motive   is to make shares seem more affordable to small investors even though   the underlying value of the company has not changed. From Wikipedia, It is often claimed that stock splits, in and of themselves, lead to   higher stock prices; research, however, does not bear this out. What   is true is that stock splits are usually initiated after a large run   up in share price...stock splits do increase the liquidity of a stock;   there are more buyers and sellers for 10 shares at $10 than 1 share at   $100. Some companies have the opposite strategy: by refusing to split   the stock and keeping the price high, they reduce trading volume.   Berkshire Hathaway is a notable example of this. Something more to munch on, Why Warren Buffett Is Against Stock Splits."}
{"text": " Lawyers who are paid quite well for it.   Who do you think mortgages the future of their firms in some case dedicating themselves to fighting those corporate lawyers for settlements when they've wronged consumers.   Unless you want to claim that having a codified legal system is bad I really don't see how thats relevant... It's like saying all people are bad because some were nazis"}
{"text": " \"You didn't have a situation of \"\"excess contribution\"\". If you have proof that someone in Fidelity actually told you what you said, you might try to recover some of your losses through a lawsuit. However, their first (and main) defense would be that they're not in the business of providing tax advice, and it is your problem that you asked random person a tax question, and then acted on an incorrect answer. By the way, that only goes to say that anything you might read here you should, as well, take with a grain of salt. The only one who can give you a tax advice is a licensed tax professional. I explained it in details in my blog post, but in short - it is either an EA (Enrolled Agent, with the IRS credentials), or a CPA (Certified Public Accountant) or Attorney licensed in your State. Back to your question - \"\"Excess Contribution\"\" to a IRA is when you contribute in excess to the limits imposed. For Traditional IRA in 2012 the limit was $5000. You contributed $4000 - this means that you were not in excess. There's nothing they can \"\"correct\"\", the 1099-R you got seems to be correct and in order. What you did have was a case of non-deductible contribution. Non-deductible contribution to your IRA should have been reported to the IRS on form 8606. Non-deductible contribution creates basis in your IRA. Withdrawals from your IRA are prorated to the relation of your basis to your total value, and the taxable amount is determined based on that rate. It is, also, calculated using form 8606. So in short - you should have filed a form 8606 with your 2012 tax return declaring non-deductible IRA and creating $4000 basis, and then form 8606 with your 2013 tax return calculating which portion of the $4000 you withdrew is non-taxable. If your total IRA (in all accounts) was that $4000 - then nothing would be taxable. Talk to a tax adviser, you might need to amend your 2012 return (or send the 2012 form separately, if possible), and then do some math on your 2013 return. If 60 days haven't passed, you might want to consider depositing the $4000 in a Roth IRA and perform what is called \"\"Conversion\"\".\""}
{"text": " Just for anyone who doesn\u2019t read the link a few posts above, when OP says some people will do this and still be in poverty, he means 2% of people. 98% of people who do this get out of poverty, and 75% get into the middle class."}
{"text": " \"Yeah, you're right.   Which is interesting in this case anyway, in that many analysts were highlighting the lack of fundamentals supporting the IPO price. To me, that speaks to the willingness of the underwriters to ignore that lack of fundamentals, and perhaps base the value on something else (e.g. \"\"Zuck's a wunderkind, he'll figure it out\"\").   I guess my point is that the lack of foundation (that the market has since priced into the share price) was not hidden from the underwriters.\""}
{"text": " \"In short you have to wait till the hold expires. If its one week, its great. Few years back it was one Month. It is advisable you use a Credit Card for these type of transactions. With Credit Cards you are not out of funds like in Debit Cards. Plus the reversals are as much as I know automatic. In case of Debit Cards, the Holds are not automatically released on cancelled transactions but released only after expiry. Where as in Credit Cards, the holds are released immediately on cancelled transactions. \"\"Does the hold reserve it for them or for the original transaction?\"\" Yes hold is for that specific transaction from that specific merchant. i.e. if you try and book the same item from the same merchant, you will not be able to as you have money blocked. Although the merchant sends an unblock message when cancelling, on Debit cards these messages are not supported in India\""}
{"text": " That's true about normalizing but that's not the problem with TV advertising; the problem is compressing.  If you've ever listened to talk radio, sometimes the host gets really quiet and almost whispers... and then he lights up and begins yelling and shouting.  Yet during this time, you don't need to adjust your radio's volume; the sound from the radio studio has been very heavily compressed so that the quiet and loud parts are all the same volume.  If you compress the crap out of your commercial's sound and then normalize it to 95% of the peak of the TV show's sound, which is typically not nearly as compressed, then your commercial is going to be perceived as *vastly* louder than the TV show, even though it never exceeds 95% of the TV show's peak volume.  Thus a law referencing the average volume is thought to be more effective than one that simply requires normalization.  It still seems easy to work around though; just have 29 seconds of silence and 1 second of horrendously loud, house-waking marketing slime.  What they need to do is require that neither the average *nor* the peak dB level of the commercial may exceed the average dB level of the show.  There might be cute little tricks that can get around that too, but at some point the ad agency has to actually talk and sell their product rather than performing mathematical backflips on the audio just to wake everyone up."}
{"text": " \"So, I am one of these \"\"job creators\"\" right now.  I am doing software development and have hired 1 person from the U.S. and a team from Germany. So I will leave it to someone else to determine how changing my tax structure impacts job creation.\""}
{"text": " You're misunderstanding the concept of retirement savings. IRA distributions are taxed, in their entirety, as ordinary income. If you withdraw before the retirement age, additional 10% penalty is added. Investment income has preferential treatment - long term capital gains and qualified dividends are taxed at lower rates than ordinary income. However, IRA contributions are tax deductible. I.e.: you don't pay taxes on the amounts contributed to the IRA when you earned the money, only when you withdraw. In the mean time, the money is growing, tax free, based on your investments. Anything inside the IRA is tax free, including dividends, distributions (from funds to your IRA, not from IRA to you), capital gains, etc. This is very powerful, when taking into account the compounding effect of reinvesting your dividends/sale proceeds without taking a chunk out for taxes. Consider you make an investment in a fund that appreciated 100% in half a year. You cash out to reinvest in something less volatile to lock the gains. In a regular account - you pay taxes when you sell, based on your brackets. In the IRA you reinvest all of your sale proceeds. That would be ~25-35% more of the gains to reinvest and continue working for you! However, if you decide to withdraw - you pay ordinary rate taxes on the whole amount. If you would invest in a single fund for 30 years in a regular account - you'd pay 20% capital gains tax (on the appreciation, not the dividends). In the IRA, if you invest in the same fund for the same period - you'll pay your ordinary income rates. However, the benefit of reinvesting dividends tax-free softens the blow somewhat, but that's much harder to quantify. Bottom line: if you want to plan for retirement - plan for retirment. Otherwise - IRA is not an investment vehicle. Also consider Roth IRA/conversions. Roth IRA has the benefit of tax free distributions at retirement. If your current tax bracket is at 20%, for example, contributing $5K to Roth IRA instead of a traditional will cost you $1K of taxes now, but will save you all the taxes during the retirement (for the distributions from the Roth IRA). It may be very much worth your while, especially if you can contribute directly to Roth IRA (there are some income limitations and phaseouts). You can withdraw contributions (but not earnings) from Roth IRA - something you cannot do with a traditional IRA."}
{"text": " This.  Test waters first. As humans, we are affected by different biases and sometimes we just want to believe. I know a couple of dudes who invested shit ton of money in trying to launch a startup which they didn't vet properly beforehand. They ended up modifying their idea multiple times, but nothing clicked. They say they learnt a lot. But I think they just failed."}
{"text": " TdAmeritrade offers this service for free using 3rd party company markit. From markit's site, below is their guarantee.  http://www.markit.com/product/markit-on-demand Markit On Demand delivers an average of two million alerts per day   through various technology platforms and via multiple channels,   including email, instant messages, wireless, RSS and Facebook.   Investors can subscribe to their alerts of choice, and Markit On   Demand guarantees that they will receive an alert within five minutes   of the event trigger for all price and volume alerts"}
{"text": " Not a financially sound decision in my humble opinion. Basically, you are prepaying your taxes and the only reason you want to do that is if you don't have the discipine to save that money for when it is time to pay next year (assuming you will have to)."}
{"text": " \"Ya, I mean if your really wanting to gain ppl's respect it might be a good idea. What you WANT to be is a leader, not just a manager. Ever wonder why most ppl hate their bosses?? It's bc they aren't leaders. Just from experience, since your young and wanting to gain the respect of the employees...you will gain it 100% more from your work ethic than any kind of job title. And if you do have eventually tell someone what to do, don't do it as a \"\"boss\"\" but a leader. Show them what you expect, show them you believe they can meet that expectation, then help them achieve it. Instead of yelling or fear mongoring.\""}
{"text": " \"Mathematically, the wisest choice is to invest your extra money somewhere else and not pay off your 0% loan early. An extreme example highlights this. Suppose some colossal company offered to loan you a billion dollars at 0 % interest. Would you take it? Or would you say \"\"No thanks, I don't want that much debt.\"\" You would be crazy not to accept. You could put that money in the safest investments available and still pocket millions while making the minimum payments back to them. Your choice here is essentially the same, but unfortunately, on much smaller scale. That said, math doesn't always trump other factors. You need to factor in your peace of mind, future purchases, the need for future borrowing, your short term income and job security, and whether you think you can reliably make payments on this loan without messing up and triggering fees that wipe out the mathematical advantage of slow paying the loan. You are fortunate because you really can't make a wrong choice here. Paying off debt is never a bad choice IMO. However, it may not always be the best choice.\""}
{"text": " YNAB runs on Mac, Win, and Linux."}
{"text": " Are you one who cannot invest high efforts and time to enhance the profit in trading? However, you have strong desire to gain profits in trading binary options. Then, binary today is just for you. It encompasses the features, which is highly applicable for novice and experience person."}
{"text": " \"If the stock is below its purchase price, there is no way to exit the position immediately without taking losses. Since presumably you had Good Reasons for buying that stock that haven't changed overnight, what you should probably do is just hold it and wait for the stock to come back up. Otherwise you're putting yourself into an ongoing pattern of \"\"buy high, sell low\"\", which is precisely what you don't want to do. If you actually agree with the market that you made a mistake and believe that the stock will not recover any part of the loss quickly (and indeed will continue going down), you could sell immediately and take your losses rather than waiting and possibly taking more losses. Of course if the stock DOES recover you've made the wrong bet. There are conditions under which the pros will use futures to buffer a swing. But that's essentially a side bet, and what it saves you has to be balanced against what it costs you and how certain you are that you NOW can predict the stock's motion. This whole thing is one of many reasons individuals are encouraged to work with index funds, and to buy-and-hold, rather than playing with individual stocks. It is essentially impossible to reliably \"\"time the market\"\", so all you can do is research a stock to death before making a bet on it. Much easier, and safer, to have your money riding on the market as a whole so the behavior of any one stock doesn't throw you into a panic. If you can't deal with the fact that stocks go down as well as up, you probably shouldn't be in the market.\""}
{"text": " Definitely, check if they are regulated by the Finnish financial regulatory board. Google FIN-FSA regulation. It can also be that they are regulated off-shore, no matter just find it out. Besides try to find the terms of you're contract, if cant find ask the broker to point out. Wonder what will happen, following this thread"}
{"text": " He alienated whole countries and races of people. He also alienated more than half of America and he's wondering why  no one wants to buy his tacky condos or stay in his sub standard hotels? Moron. His base can't afford to buy those condos or stay at his hotels not till he gets rid those damn immigrants stealing coal jobs."}
{"text": " \"Organic pesticides, herbicides, and fertilizers are often just as dangerous as their inorganic counterparts.  Some organic farms operate with only safe practices, but unless you're buying directly from a farm you know, there is no way to be sure. Before you even get to the \"\"organic is better for you\"\" argument, you have to get past \"\"what kind of organic is this\"\". The label alone doesn't mean much as far as safety or being \"\"pasture raised\"\".\""}
{"text": " The real reason for America's success is mainly that the King of England actually gave people property rights in N. America to encourage people to settle here, which shockingly enough actually worked and encouraged people to move over here and invest in building a new life. It's not a coincidence that the people moving were religious minorities who had been persecuted. When we rebelled, preserving those property rights (along with establishing liberty/freedom) was of very high importance when the Constitution/Declaration of Independence was written. When people have legal recourse to protect their property they unsurprisingly try and produce more and better property."}
{"text": " @Michael Kj\u00f6rling answered why platinum is in demand like it is.  But it missed some of the significant risks so I will address some of them.  Platinum is much more rare than gold.  But not because there is less platinum than gold just that the known existing platinum veins are smaller and more disbursed.  So if a large vein were found it could have a significant impact on the availability and thus reducing price of platinum.  New mining technologies are being developed every day.  One of these could make exacting platinum from existing not platinum mines easier and more cost effective again increasing the availability and reducing the price of platinum. The vast majority of platinum use today is for emissions controls.  There is a lot of money being thrown into research on green energy and technologies.  One of these technologies or a side effect of other research could result in much more cost effective ways to combat emissions.  Should that happen I would expect the price of platinum to fall through the floor and potentially never recover. I do not think any of these scenarios are imminent. But the risks that they present are so great it is important to consider them before investing."}
{"text": " \"Yes, there is a very good Return vs Risk graph put out at riskgrades.com.  Look at it soon, because it will be unavailable after 6-30-11.  The RA (return analysis) graph is what I think you are looking for. The first graph shown is an \"\"Average Return\"\", which I was told was for a 3 year period.  Three period returns of 3, 6 and 12 months, are also available.  You can specify the ticker symbols of funds or stocks you want a display of.  For funds, the return includes price and distributions (total return), but only price movement for stocks - per site webmaster. I've used the graphs for a few years, since Forbes identified it as a \"\"Best of the Web\"\" site.  Initially, I found numerous problems with some of the data and was able to work with the webmaster to correct them.  Lately though, they have NOT been correcting problems that I bring to their attention.  For example, try the symbols MUTHX, EDITX, AWSHX and you'll see that the Risk Grades on the graphs are seriously in error, and compress the graph results and cause overwriting and poor readability. If anyone knows of a similar product, I'd like to know about it.  Thanks,  George\""}
{"text": " Okay, [it's not perfectly steady, but the upward trend is clear](http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&amp;s=8_NA_8DO_NUS_4&amp;f=A). I suspect the sharp drop at the start of 2006 was due to Hurricanes Katrina and Rita, and the drop in 2010 was the recession really kicking in for the broader economy.  &gt;This seems contrary to price trends of gasoline. I'm trying to understand it without automatically jumping to speculators on the commodities market.  There's more to the price of gasoline than the amount of refinery capacity available. [Gasoline prices](http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&amp;s=EER_EPMRU_PF4_Y35NY_DPG&amp;f=D) mostly track [crude oil prices](http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&amp;s=RBRTE&amp;f=D). Crude oil is up because growth in demand is faster than growth in supply. No speculators needed."}
{"text": " Whether looking to launch a new campaign or welcome a new agency into the mix, knowing how to write an effective marketing brief is essential. Therefore, the team and I at Agency Scouts have put together a brilliant infographic outlining the 8 essential elements of a marketing brief.   Enjoy!"}
{"text": " In the UK the official rule is that a cheque is valid for 3 years from the date it was wrote. However after 3 months some banks can choose to turn them down. I had a cheque once that was a year old which is when I looked it up to see whether it was stil valid, and I found the laws regarding it then.  I was actually quite surprised it was 3 years! Btw if it does bounce your quite entitled to ask your employer for a replacement cheque.  They owe it you and it's just sat in their account assigned to you anyway."}
{"text": " I read the article.  They've shut down foia requests with the recent updated foia legislation, the guy says that big business owners will slander them in the news if they publish anything on them,  try to sue them, insurance companies won't insure them, wealthy people won't donate.  Essentially is you go after big corporate power you get shut down.   Edit: I am for it."}
{"text": " I agree with the deposit part. But if you are buying a new car, the loan term should meet the warranty term. Assuming you know you won't exceed the mileage limits, it's a car with only maintainence costs and the repayment cost at that point."}
{"text": " If this chargeback failed then would it negatively affect my credit score? A credit score is a measure of how dependable of a borrower you are. Requesting a refund for not receiving goods not delivered as promised, whether it is successful or it fails, should not impact your credit score since it has no implications on the likelihood that you will pay back debts. The last time I used that gym was the 13th January 2017, and I rejoined on the 20th December, so I have used it for less than a month. Therefore I do not think I should have to pay for two months Keep in mind that you purchased a membership to the gym. Whether or not you actually use the gym you are liable to pay for every month that you retain the membership. Although it probably won't hurt to try to get a refund for the period where you didn't take advantage of your gym membership, you weren't actually charged for a service that you never received (like in the last case where they charged you after you cancelled your membership)."}
{"text": " The amount covered by the insurance takes into account the amount of money healthcare providers charge, according to this Quora post by Amy Chai (MD). For example, Medicare pays about 20 cents on the dollar for what a health provider bills. As a result, health providers have to artificially increase the amount of money they charge. Health providers cannot charge uninsured patients differently from insured patients, otherwise health insurances may complain to the feds, which in turn may charge the health providers with fraud for artificially inflating the medical bills."}
{"text": " \"You cannot recharacterize a distribution from an IRA the way you can recharacterize a contribution. It the latter case, you are in effect telling your IRA custodian to treat the contribution as having been made to a different kind of an IRA from the very first day that the contribution was originally made. As described in JoeTaxpayer's answer, you can put back the distribution into the same IRA account or establish a new IRA account (of the same type) and deposit the distribution into the new account. Note carefully you have 60 days (not two months) to complete this maneuver and that postmarks don't count: the money must be deposited into the account, not just received by the custodian. Also, the 60-day clock starts on the day that the distribution was made by the IRA custodian and not the day you received the money. If you choose to put back the money into the \"\"wrong\"\" kind of IRA as described above, you can take a distribution from the \"\"right\"\" kind of IRA, and effectively achieve a kind of \"\"recharacterization\"\" of the net distribution, but the mechanics are more complicated and the deadlines a lot tighter.\""}
{"text": " \"The economy is going to stagnate into permanent recession a la Japanese model or it will collapse unless government spending is reduced to equal government revenue.   That means a 40% cut in the Federal budget. That means that we need to \"\"CUT EVERYTHING!\"\". To not do so is the decision to avoid substantial pain today and refuse to see the crushing pain that will come later. It is the decision of children\""}
{"text": " I think you are aiming your crony capitalism shotgun in the wrong direction.  Oil industry subsidies dwarf those to the EV, and the bailouts to the US car manufacturers was the clearest example you could imagine of picking winners and losers.    Far worse, both the car manufacturers and oil industry represent the entrenched interests which are fighting the future changes in the industry as opposed to the other way around.  The money went directly to the companies involved, without a lick of good capitalist competition.  Now compare that to a personal EV tax credit.  1) you encourage the clearly visible future of cheap electrical power and driverless EVs, 2) you set up the subsidy as a personal tax break to the buyer, so any company is free to up their game and make better products to win part of it.  3) its a much smaller amount, and much more cost effective per tax dollar than giant checks to monster oil companies.  Once the government stops cramming enourmous amounts of money into oil and traditional car companies, then it might be time to relook at saving taxpayer money spent on EVs."}
{"text": " In many cases yes.  In the case of an employer handing employees a credit card to use, that is clearly income if the card is used for something other than a business expense. Generally speaking, if you're receiving something with a significant value without strings attached, it is likely taxable. Google no doubt has an army of tax attorneys, so perhaps they are able to exploit loopholes of some sort."}
{"text": " They could buy the domain a lot cheaper than the company.  They are probably trying to lock in the ability to have face.com technology always available to them as I'm assuming they have invested a fair bit on integration with them.  Saves someone like google snapping it up and shutting it down."}
{"text": " What would they be trying to predict?  The value YNAB and Mint provide is objective truth about what you've spent. They can force you to think about the tradeoffs inherent in budgeting by showing that you've overspent one category, and making you decide where to find the money to cover it. They can call your attention to a credit card swipe that's larger than you intended, to a subscription you didn't intend to keep, etc. by just generally getting you to read and think about your transaction history and the sums of transactions per category and overall. Prediction doesn't really enter into it. One way to understand Mint's business model is as a service that collects training data for machine learning models that do try to predict things, such as how stock prices will move or whether users will click on certain ads."}
{"text": " \"Defining parity as \"\"parity is the amount by which an option is in the money\"\", I'd say there may be an arbitrage opportunity. If there's a $50 strike on a stock valued at $60 that I can buy for less than $10, there's an opportunity.  Keep in mind, options often show high spreads, my example above might show a bid/ask of $9.75/$10.25, in which case the last trade of $9.50 should be ignored in favor of the actual ask price you'd pay.  Mispricing can exist, but in this day and age, is far less likely.\""}
{"text": " My experience with owning a home is that its like putting down roots and can be like an anchor holding you to an area.  Before considering whether you can financially own a home consider some of the other implications. Once you own it you are stuck for awhile and cannot quickly move away like you can with renting.  So if a better job opportunity comes up or your employer moves you to another office across town that doubles your commute time, you'll be regretting the home purchase as it will be a barrier to moving to a more convenient location.   I, along with my fianc\u00e9e and two children, are being forced to move out of my parents home ASAP.  Do not rush buying a home.  Take your time and find what you want.  I made the mistake once of buying a home thinking I could take on some DIY remodeling to correct some features I wasn't fond of.  Life intervenes and finding extra time for DIY house updates doesn't come easy, especially with children.   Speaking of children, consider the school district when buying a home too.  Often times homes in good school districts cost more.  If you don't consider the school district now, then you may be faced with a difficult decision when the kids start school.   IF you are confident you won't want to move anytime soon and can find a house you like and want to jump into home ownership there are some programs that can help first time buyers, but they can require some effort on your part.  FHA has a first time buyer program with a 3.5% down payment.  You will need to search for a lender that offers FHA loans and work with them.  FHA covers this program by charging mortgage insurance every month that's part of your house payment. Fannie Mae has the HomeReady program where first time home buyers can purchase a foreclosed home from their inventory for as little as 3% down and possibly get up to 3% from the seller to apply toward closing costs.  Private mortgage insurance (PMI) is required with this program too.  Their inventory of homes can be found on the https://www.homepath.com/ website. There is also NACA, which requires attending workshops and creating a detailed plan to prove you're ready for homeownership.  This might be a good option if they have workshops in your area and you want to talk with someone in person. https://www.naca.com/about/"}
{"text": " Has anyone ever worked on a financial services sales desk i.e mutual fund, annuities etc? If so would you be able to give me like a day in life. I'm trying to get into wholesaling and i know sales desk is kind of where you start off."}
{"text": " I have had better experiences with accountants in smaller towns.  It seems they are used to working with small businesses and their reputation is very important to them."}
{"text": " When our 20yo Sony Trinitron died I researched all the Audio/Video forums and the consensus was that Panasonic Plasmas have the best picture. When I went into the department store to buy one they had a Panasonic and a Samsung LCD on display right next to each other and the difference in quality was noticeable (Samsung was noticeably better). At the time I had never really considered Samsung to be any good, but the quality and sharpness of the Samsung is undeniable. It actually took me two days to get over my cognitive dissonance and buy the Samsung because up until then I was 100% determined to buy the Panasonic. They are also the only brand that I have seen with little to no artifacts. Samsung is this generations Sony."}
{"text": " This is a good and bad thing. Former technology consultant here who dealt with a lot of healthcare orgs including pharmacies. The small mom and pop shops that are around, similar to CVS or Walgreens but MUCH smaller will hurt from this. For us consumers it will probably be good but one of the largest factors for consumers is the ability to go pick up your meds immediately. I have a feeling we might be seeing more Amazon micro types of stores for a miniature brick and mortar strategy where it makes sense to carry items that are often time sensitive."}
{"text": " Thanks for posting this.  Funny, but I find myself watching RT far more than CNN these days.  I am not a finance expert but as an econ major I can at least follow the argument.  Seems credible to me.  They are just saying that the resulting downgrade of bank bonds will affect them less than their competition. The second argument is that new (2008) accounting rules allow them to show a net gain on paper when their bonds get downgraded as a result of this loss.  It's a complicated argument but I can see how it make perfect sense.  I like how Bob English points out the fishy and probably strategic nature of the Thursday announcement.  Obviously there is a lot more to this story: http://www.zerohedge.com/contributed/2012-20-15/truth-about-jp-morgan%E2%80%99s-2-billion-loss"}
{"text": " Shanghai can not be the international financial center of China, or China's inbound/outbound trade, as long as it does not have rule of law.  Even Chinese corporates go to Hong Kong to sign contracts because the commercial legal system is efficient, fair, and predictable.  Shanghai is a city (and a great one, no doubt!) doing business in a restricted, capital-controlled currency, under a legal system which is corrupt and arbitrary.  You wouldn't want to get into a dispute there with, say, Bank of China.  When there is a trusted legal system in China then finance will follow.  Meanwhile, show me anyone who wants to sign an ISDA agreement under Chinese law, subject an international bond indenture to Chinese law (rather than New York or English law), or do a securitization using Chinese law or counterparties.  HK's biggest problem may be that the Mainland is imperiling rule of law in the SAR.  If that is lost, the city has no reason to exist."}
{"text": " So far the answer is: observe the general direction of the market, using special tools if needed or you have them available (.e.g. Bollinger bands to help you understand the current trend) at the right time per above, do the roll with stop loss in place (meaning roll at a pre-determined max loss), and also a trailing stop loss if the roll works in your favor, to capture the profits on the roll. This trade was a learning experience.  I sold the option at $20 thinking I'd get back in later in the day with the further out option at a good price, as the market goes back and forth.  The underlying went up and never came back.  I finally gritted my teeth and bought the new option at 23.10 (when it would have cost me about 20.20 before), i.e. a miss/loss of $3 on $20. The underlying continued to rise, from that point (hasn't been back), and now the option price is $29. Of course one needs to make sure the Implied Volatility of the option being left and the option going to is good/fair, and if not, either roll further out in time, nearer in time, our up / down the strike prices, to find the right target option.  After doing that, one might do the strategy above, i.e. any good trade mgmt type strategy:  seek to make a good decision, acknowledge when you were wrong (with stop loss), and act. Or, if you're right, cash in smartly (i.e. trailing stops)."}
{"text": " Googling vanguard target asset allocation led me to this page on the Bogleheads wiki which has detailed breakdowns of the Target Retirement funds; that page in turn has a link to this Vanguard PDF which goes into a good level of detail on the construction of these funds' portfolios. I excerpt: (To the question of why so much weight in equities:) In our view, two important considerations justify an expectation of an   equity risk premium. The first is the historical record: In the past,   and in many countries, stock market investors have been rewarded with   such a premium.  ... Historically, bond returns have lagged equity returns by about 5\u20136   percentage points, annualized\u2014amounting to an enormous return   differential in most circumstances over longer time periods.   Consequently, retirement savers investing only in \u201csafe\u201d assets must   dramatically increase their savings rates to compensate for the lower   expected returns those investments offer. ... The second strategic principle underlying our glidepath   construction\u2014that younger investors are better able to withstand   risk\u2014recognizes that an individual\u2019s total net worth consists of both   their current financial holdings and their future work earnings. For   younger individuals, the majority of their ultimate retirement wealth   is in the form of what they will earn in the future, or their \u201chuman   capital.\u201d Therefore, a large commitment to stocks in a younger   person\u2019s portfolio may be appropriate to balance and diversify risk   exposure to work-related earnings (To the question of how the exact allocations were decided:) As part of the process of evaluating and identifying an appropriate   glide path given this theoretical framework, we ran various   financial simulations using the Vanguard Capital Markets Model. We   examined different risk-reward scenarios and the potential   implications of different glide paths and TDF approaches. The PDF is highly readable, I would say, and includes references to quant articles, for those that like that sort of thing."}
{"text": " They're wrong, and it's easy to show that if you pay the same % in taxes then you end up the same either way. If you have an initial investment of 10k, an effective tax rate of 25%, and gains of 10% a year, here are the numbers: You invest 10k into a traditional. After 50 years, you have $1,173,908.  After paying taxes, you end up with $880,431. You invest 10k into a Roth. After paying the taxes, your initial investment is $7500. After 50 years, you have $880,431 - the same you have with the traditional. The advantage from the Roth comes from two things - the assumption that taxes are lower now for you than they will be in the future (a good bet, given that taxes are relatively low in the US) and the ability to have a mix of taxable and non-taxable income to draw from in retirement to lower your effective tax rate (draw down the taxable up to a certain tax bracket then use your non-taxable above that)."}
{"text": " A 2.5% fee is standard, and you're not likely to avoid a transaction fee when withdrawing cash from an ATM.  You'd do better to get foreign currency before leaving the US, or to use a credit card abroad.  Capital One has a credit card with no fee on foreign-currency purchases, for example.  Another option is to open a bank account in the foreign currency, if you go to a particular country often enough to make it worthwhile."}
{"text": " I'm not business-savvy, but that seems like a very good idea. My wife works for a not-for-profit company, yet the CEO still makes $8,000,000 a year, *not* counting bonuses. I think in a for-profit, the CEO could easily afford to pay more employees to fill the gap made by decreasing the free labor he's used to."}
{"text": " &gt;If a road is not profitable, it won't be built, right? So all of those roads in the country, that go up mountains, that I love to travel on won't exist?  If enough people want it and are willing to pay to use it, it will be built. If not, why should I subsidize your hobby with my tax dollars?  &gt;These corporations have the right to decide who gets to use the roads, right? You're all about the free market, but what if the guy who owns the road to my house jacks up the price or does a crappy job maintaining it? I just have to move?  Yes, although I would argue that basic infrastructure such as roads should have some level of price control. Not a completely free market but still better than what we have now.  &gt;It will also be for-profit, which means it will cost more. You're willing to pay more to use a road because it's your choice as opposed to less for that road because someone made you pay for it? (as in, it will have to continue to turn a profit, even after it's been paid for.)  Not necessarily true. If private corporations can be more efficient than government, it doesn't have to cost more."}
{"text": " As far as accounting  goes, if you speak with a CPA, you may be able to reduce the business tax liability.  So... the company buys the truck, deducts it, and the adjusted gross income drops, so he'd pay less tax.  Or something.  You said anything helps, hope you meant it!"}
{"text": " Just pay it, its not alot and it will clear up your credit report."}
{"text": " An article has just popped up on the Young London PRSupdate blog and it is very much a topic close to the heart of those in company.  This week Michael takes a look at customer service and how it can affect professionals from doing business with others."}
{"text": " \"You are overlooking the fact that it is not only supply & demand from investors that determines the share price:  The company itself can buy and sell its own shares. If company X is profitable over the long haul but pays 0 dividends then either Option (2) is pretty ridiculous, so (1) will hold except in an extreme \"\"man bites dog\"\" kind of fluke. This is connected with the well-known \"\"dividend paradox\"\", which I discussed already in another answer.\""}
{"text": " I'd say that because you are young, even the 'riskier' asset classes are not as risky as you think, for example, assuming conservatively that you only have 30 years to retirement, investing in stocks index might be a good option. In short term share prices are volatile and prone to bull and bear cycles but given enough time they have pretty much always outperformed any other asset classes. The key is not to be desperate to withdraw when an index is at the bottom. Some cycles can be 20 years, so when you need get nearer retirement you will need to diversify so that you can survive without selling low. Just make sure to pick an index tracker with low fees and you should be good to go. A word of warning is of course past performance is no indication of a future one, but if a diversified index tracker goes belly up for 20+ years, we are talking global calamity, in which case buy a shotgun and some canned food ;)"}
{"text": " This really comes down to tax structuring (which I am not an expert on), for public companies the acquiror almost always pays for the cash to prevent any taxable drawdown of overseas accounts, dividend taxes suck, etc.  For a private company, first the debt gets swept, then special dividend out - dividends received by the selling corporate entity benefit from a tax credit plus it reduces the selling price of the equity, reducing capital gains taxes."}
{"text": " Seriously, you will buy a bicycle for your child on-line? And if the child said it's not what they wanted or does not fit, you will disassemble it and put in the box and return it to try another bicycle?  Same with ride-in electric car? Playground? Sand for the sandbox?  Base on what you are saying, you never ever go to a store to buy anything. You will even order milk on-line."}
{"text": " \"First off, your commitment to paying down debt and apparent strong relationship with your brother is admirable. However, I think you are overcomplicating your situation and potentially endangering your relationship by attempting to combine debts in this way. You could consider a simple example where you have interest bearing at 5% and your brother has interest bearing debt at 10%. If you both pay down his higher interest debt first, and then both pay down your debt after, then clearly you will have paid less interest combined. But, by waiting to pay off your debt until later, you have accrued more interest yourself. So who has saved money by doing this? Your brother. You will have paid (let's say, without getting into balances) $50 extra interest to save your brother $70 in interest. So why would you want to give your brother $50? Total interest savings between both of you in this simplified example are $20. So, in theory your brother could pay you $60 after the fact, effectively meaning you end up $10 ahead, and your brother ends up $10 ahead. Here, you end up in a position where you could still say, in theory 'we both came out ahead'. But what if your brother loses his job while you're both paying off your debt, and he can't help any more? Does he accrue some type of calculated interest until he pays you back? What if he's off work for 2 years and still owes you 30k? What if he just never makes his payments to you on time? At what point do you resent your brother for failing to uphold his end of the deal? Money and friends don't mix. Money and family mixes even worse. In rare circumstances where you absolutely must mix family and money, get everything in writing. Get it signed, make it legal. Outline all details of the transaction, including interest rates, and examples of how the balances calculate. In 5 years when things go haywire, following the letter of the law is what will keep you from becoming enemies. But with family, often people have an expectation that \"\"while we agreed I would pay x, he's my brother, so he should take pity on me and allow me to pay only y, if I need to\"\". Finally, to your question about how to calculate amounts to pay: it will be very complicated. You will need to track minimum balance payments, interest rates, and even potentially the lost income which one of you gives up to pay down the other's debt. You could do these things in a simplified way close to what I've set out above, but then ultimately one of you will lose out. If you pay down your debts first, how can you calculate the lost living potential for your brother, who might want to buy a house but can't save for a down payment for an extra year? What if he has to move, and without sufficient down payment, he needs to pay extra Mortgage Insurance on his loan from the bank? Will you compensate him for that? My recommendation, if you haven't caught it yet, is Do not do this. Your potential savings are not going to be worth the potential heartache of breaking your relationship with your brother.  Instead, look at joining your minds, not your money. Set goals for yourselves individually, and hold each other accountable. Make this an open conversation between yourselves, as it can be difficult to talk about finances with other people. Your support will help the other person, and hopefully help keep you on track as well. To provide numerical context for potential savings, which you appear to still want, consider the numbers you've provided [you have 40k debt at 10%, your brother has 20k of debt at 5%]. Let's assume you each can pay up to 20k against the principal of your loans each year. Finally assume for simplicity that you also have enough to pay off interest as it gets charged [so no compounding], and you pay in even instalments each year. Mathematically that means your interest each year is equal to your interest rate * your average annual balance. If you each go alone, then you will accrue 10% on an average balance of [(40k+20k)/2] = 30k per year, which equals 3,000 in interest in year 1, then [(20k+0)/2] = 10k * .10 = 1,000 interest in year 2. Total interest for you = 4,000. Your brother will accrue [(20k+0k)/2] = 10k * .05 = 500 in interest in total. Total interest for both of you combined would be 4,500. If you pool your debt snowball, then you will clear your debt first. So the interest on your debt would be [(40k+0k)/2] = 20k * .1 = 2,000. Your brother's debt would fully accrue 5% of interest on the full balance in year 1, so interest in year 1 would be 20k * .05 = 1,000. In year 2, your brother's debt would be cleared half way through the year; interest charged would be [(20k+0k)/2] = 10k * .05 * 50% = 250. You would then owe your brother 10k, which you would pay him over the remainder of year 2. His total interest paid to the bank would be 1,000 + 250 = 1,250. Total interest for both of you combined would be 3,250.  In a simplified payment example using your numbers, maximum interest savings would be about $1,250 combined. How you allocate those savings would be pretty subjective; assuming a 50:50 split, this yields $625 in savings to each of you. If you aren't able to each save 20k per year, then savings would be greater for snowballing, because otherwise it will take you even longer to pay off your high interest debt. This is similar to your brother loaning you 20k today that you can use to pay off your debts, after which you pay him back so he can pay off his. Because you will owe him 20k for 2 years, but an average of ~10k at any one time [because he slowly advances it to you today, and you slowly pay him back until the end of year 2], at $650 in benefit passed to your brother, this is roughly equivalent to him loaning you money at 6.5% interest.\""}
{"text": " Do not try to deposit piece wise. Either use the system in complete transparence, or do not use it at all. The fear of having your bank account frozen, even if you are in your rights, is justified. In any case, I don't advise you to put in bank before reaching IRS. Also keep all the proof that you indeed contacted them. (Recommended letter and copy of any form you submit to them) Be ready to also give those same documents to your bank to proove your good faith. If they are wrong, you'll be considered in bad faith until you can proove otherwise, without your bank account. Do not trust their good faith, they are not bad people, but very badly organized with too much power, so they put the burden of proof on you just because they can. If it is too burdensome for you then keep cash or go bitcoin. (but the learning curve to keep so much money in bitcoin secure against theft is high) You should declare it in this case anyway, but at least you don't have to fear having your money blocked arbitrarily."}
{"text": " I recently finished reading a book that you may be interested in based on your question, The Ultimate Suburban Survivalist Guide. The author begins with a discussion of why he thinks the US economy and currency could collapse. It gets a little scary. Then he goes into great detail on commodities, specifically gold. The rest of the book is about what you can be doing to prepare yourself and your family to be more self sufficient. To answer your question, I do anticipate problems with US currency in the future and plan to put some money in gold if the price dips."}
{"text": " \u201cCEOs who recognize their lack of capital-allocation skills (which not all do) will often try to compensate by turning to their staffs, management consultants, or investment bankers. Charlie and I have frequently observed the consequences of such \u2018help.\u2019 On balance, we feel it is more likely to accentuate the capital-allocation problem than to solve it.\u201d -- [Warren Buffet](http://www.fool.com.au/2013/08/28/warren-buffett-sage-for-the-ages/)"}
{"text": " I would like to specifically address your second question. There are a number of great resources available online, but I found that when I was first starting out the website Investopedia was a very helpful resource. There you will find a wide range of information regarding investing, investment vehicles, and glossaries of key terms with robust definitions to help you with the financial jargon."}
{"text": " I feel like everyday the CEO's are making more. The parties are corrupt. Education is overpriced. Unions are too weak. And unemployment is too high.   I could not agree more!  But that's where it stops, everybody complains and says something. Words words and words. Your words don't create employment, they don't cut CEO pay, they don't reduce the costs of education, or push the corrupt out of government.  It's not because you have done nothing. But we must stay away from blanket terms. What companies are shipping jobs offshore? Who makes the decision?  Yes the government is corrupt, but who in government? Who decides the price of education? Who is better off from the higher prices?  What CEO's take home alot of pay and give no value back? who specifically is responsible for the writing and overall agenda at Fox? What companies don't allow people to unionize? What unions are corrupt?   Point the finger at specific people so that wean take them down! The government, economy, economy, rich, poor. These are not specific enough. You cannot rally for action behind these blanket terms.  You can only bitch and moan about them.  Redditors! Make a change, attack corruption, unfairness, ignorance, and lies directly. Behind everyone of these things is a person. And those people should be blamed!"}
{"text": " If you are really worried your best bet is to move all your cash from Sterling into a foreign currency that you think will be resilient should Brexit occur. I would avoid the Euro! You could look at the US Dollar perhaps, make sure you are aware of the charges for moving the money over and back again, as you will at some stage probably want to get back into Sterling once it settles down, if it does indeed fall. Based on my experience on the stock markets (I am not a currency trader) I would expect the pound to fall fairly sharply on a vote for Brexit and the Euro to do the same.  Both would probably rebound quite quickly too as even if there is a Brexit vote it doesn't mean the UK Government will honour the outcome or take the steps quickly. ** I AM NOT A FINANCIAL ADVISOR AND HAVE NO QUALIFICATIONS AS SUCH **"}
{"text": " IBAN is enough within SEPA and it should be so for your bank as well. Tell them to join our decade, or change bank. I received bank transfers from other continents to my SEPA account in the past and I don't remember ever needing to say more than my IBAN and BIC. Banks can ask all sorts of useless information, but if your bank doesn't have a standard (online) form for the operation then it probably means you're going to spend a lot."}
{"text": " \"You could debate the \"\"why\"\"s of tax policy endlessly. There are lots of things in tax law that I think are bad ideas, and probably a few here and there that I think are good ideas. I am well aware that there are things that I think are good ideas that others think are bad ideas and vice versa.  To your specific point: I suppose you could say that having a place to live is a necessity. But most people do not live in the absolute minimum necessary to give them a place to sleep and protection from the weather. You could survive with a one-room apartment with a bed on one side and a toilet and some minimal cooking facilities on the other. Most people have considerably more than that. At some point that's luxury and not necessity. And if you want to push it, you COULD live in a cardboard box under a bridge, you don't NEED a house or apartment to survive. Personally I think it's absurd that as a home-owner I get a deduction for my mortgage interest, while if someone were to rent an identical house with a monthly rental equal to exactly the same amount that I am paying on my mortgage, he would receive no deduction. The stated goal of that one was to encourage home ownership. But people who own homes are generally richer than those who rent, so the net result is that the poor are paying higher taxes to help subsidize the homes of the rich. And then the rich congratulate themselves on how they are giving these tax breaks to help make housing more affordable for poor people. To reiterate @keshlam, tax laws only makes sense when understood politically. Yes, some people have fine ideas about what is fair and just. Others simply want tax breaks that benefit their business or people with tough financial situations that just happen by chance to resemble their own. Many of the people with noble ideas have little concept of what the implications of the policies they push are. Many of the ideas that some people view as worthy and noble, others view as frivolous, counter-productive, or even evil. Then you mash all these competing groups and interest together and see what comes out.\""}
{"text": " Apple fucked up with the last set of iPhones, yet they still sold a ton.  I expect the same this time...no major innovation, will still sell a ton globally.  Why the fuck is there no major competition outside of Google/Samsung.  Oh windows? haha.  Seriously, you can see why Amazon would jump in, however stupid of them to do so (not their main business/focus)"}
{"text": " \"Here's my thought - call the insurance company back. Ask them to just tell you what the \"\"reasonable and customary\"\" approved payment would be. Offer that exact amount to the hospital, it's what they would have gotten anyway, and you learned a cheap lesson.\""}
{"text": " I would add to this that, while everyone is right on trading, there are certain special situations you could look into that could turn a profit in a relatively short time frame (one month, say).   A recent example is Northstar Realty Finance (NRF). I bought in at $16.50 prior to a spinoff, sold half (the spinoff company) at $18.75 within a month, and the other half (the REIT) has since paid a 50 cent dividend and gone up to mid $18s as well within a total of just over 2 months. (This admittedly sounds like bragging, which isn't intended- I just want to give an example of a short term position resulting in a gain, and I don't know any off the top of my head except the one I did recently).   This isn't trading, but it is a short term position that would have turned a profit with $1800. I still wouldn't recommend it, considering commissions eats a sizable portion. But if you want to take short term positions, you don't need as much as you would to be a day trader.   I would read Seth Klarman's Margin of Safety, the sections on spinoffs and bankruptcy. They provide some useful information on some short term positions. However, also be aware that you should be willing to hold any short term position as a long term position if it does not immediately work out. By way of example, I believed NRF would go up post spinoff but the spinoff company stay the same. Instead, NRF stayed the same and the spinoff went up. But NRF was undervalued, so I held it for another month.   Just my advice. As far as learning goes- use play money. But if you never are going to have enough money to really trade with, hopefully my info on short-term positions is helpful."}
{"text": " I've worked extensively overseas and I can say America is one of the most miserable places I have lived. But, it isn't even the poor, but the middle and upper middle class who are the most miserable - always thinking they are just about to turn the financial corner, trying to keep up with their in-debt neighbors, and never socializing. I wish it was mandatory for Americans to live overseas for a year or two."}
{"text": " You better consult with a tax adviser (EA or CPA) on this, my answer doesn't constitute such an advice. Basically, you're selling stuff on Kickstarter. No matter how they call it (projects, pledges, rewards - all are just words), you're selling stuff. People give you money (=pledges) and in return you're giving them tangible or intangible goods (=rewards). All the rest is just PR. So you will pay taxes on all the money you get, and you will be able to deduct some of the expenses (depends on whether its a business or a hobby, the deduction may be full or limited). It doesn't matter if you use LLC or your own account from the financial/taxation point of you, but it matters legally. LLC limits your personal liability, but do get a legal advice on this issue, and whether it is at all relevant for you. If you raise funds in 2012 you pay taxes on the money in 2012. If you go into production in 2013 - you can deduct expenses in 2013. If you're classified as a hobby, you'll end up paying full taxes in 2012 and deducting nothing in 2013. Talk to a tax adviser."}
{"text": " One of the best money related trades people acquired is obtaining a property. Notwithstanding whether you are looking for a home buy or a pivotal event home strikingly, finding the right property at the right cost is basic for advance. Blue Ridge Royalty is a secretly had and worked for the association, and we are centered around our property clients."}
{"text": " The best way to look at it is this: I would suspect most people would say no.  Most people do not have the time, skill, or risk tolerance to be able to leverage capital as large as the value of their own home. Remember that a 15-year fixed has a slightly lower interest rate than a 30-year fixed (difference of 0.5\u20131%).  If you won't have the discipline to invest every cent left in your pocket, then you are better off with the 15-year and the lower rate."}
{"text": " \"The Form 1040 (U.S. tax return form) Instructions has a section called \"\"Do You Have To File?\"\".  Below a certain income, you are not required to file a tax return and pay any tax.  This amount of income at which you are required to file depends on several things, including your dependency status (you are a dependent of your parents), your marital status, and other factors.  The instructions have charts that show what these numbers are.  You would fall under Chart B. Assuming that you are under age 65, unmarried, and not blind, you only have to file when you reach the following conditions: Your unearned income was over $1,050. Your earned income was over $6,300. Your gross income was more than the larger of\u2014 $1,050, or Your earned income (up to $5,950) plus $350. (Note: Income from YouTube would count as \"\"earned income\"\" for the purposes above.) However, if you are producing your own videos and receiving revenue from them, you are technically self-employed.  This means that the conditions from Chart C also apply, which state: You must file a return if any of the five conditions below apply for 2015. As a self-employed person, you can deduct business expenses (expenses that you incur in producing your product, which is this case is your videos).  Once your revenue minus your expenses reach $400, you will need to file an income tax return.\""}
{"text": " Nope, we don't have cable, and we are able to watch it on Xbox Live for no additional charge. But our internet provider is CenturyLink, so I think that has something to do with it. It took them a long time to get it though, so just keep calling Time Warner to complain!"}
{"text": " \"I would suggest you forget everything you learned in economics. The only applicable knowledge is Accounting 101.  Step 1: An accrual basis financial statement. There is no step 2 if you don't do this. Most small business do everything cash basis. Simpler, cheaper but useless for analysis. You would get better answers from the local fortune teller than a cash basis statement.   Make one change from the general rules. If you have debt or are paying interest for inventory include that in your cost of sales. This is actually proper but the rule is little known and often ignored. Interest on debt up to the amount of inventory is a cost of inventory.  Step 2: Gross profit. If you seem to be working hard and still losing money it may be because you are selling products for less than they cost you. In this case the more you sell the more you lose. So suggestions like advertising or doing anything to increase sales are actually destructive.  Step 3 Price products at the level necessary to turn a profit at current sales and overhead. 'When we have enough sales we will make a profit\"\" is the philosophy of a start up business. It is toxic for a going concern.  Step 4 If sales are unsustainable at the price that produces a profit have the courage to sell or close the business. I have seen people waste their lives on futile endeavors just because they can't make that tough decision.  Finally Step 0: Ignore all other suggestions but this. They are well meaning but ill informed. To reiterate, growing sales while losing money on every transaction is a huge mistake. Trends, books, charts and graphs, analytics and market research are the tools of con-men and fortune tellers. Business is arithmetic and nothing more or less.  FYI if I don't get at least one upvote, this is the last time I am giving my valuable professional advice away for free on reddit. Folks will have to rely on the suggestions of their fellow college kids.\""}
{"text": " No, there is no downside. I personally don't use duplicate checks.  I simply make a record of the checks I write in the check register.  A copy of the check, whether a duplicate or a photo, isn't really proof of payment for anyone but yourself, as it is very easy to write a check after the fact and put a different date on it."}
{"text": " Mhmm, so it's not cheaper... you might want to shoot an email off to the execs at BK, I think they might be interested in your theory that they aren't going to save money in this merger.   They were dying out there (in the states) and they chose a Canadian rescue boat called Tims. Would it have appeased everyone if the US company just went belly up in the long-run?"}
{"text": " I'm sure part of it is trusting the employees but the bigger thing as the amount of time (and cost) it takes to manage all that cash.  If they swipe a card - that's all it takes to collect the revenue, log the sale, manage the inventory, deposit the revenue, etc."}
{"text": " I like Bernie. But when people say Bernie is crazy/stupid they mean his solutions aren't good. For example, raising minimum wage to 15$ an hour will increase unemployment by the millions and cause automation to grow faster, causing even more longterm unemployment.  Hell, even basic income is a better idea.  But he's right, there's a lot of income inequality and we should think of better solutions."}
{"text": " The market is for sophisticated investors who have money to lose.  If you fall into that category then you belong there.  Otherwise it would be wise to have no confidence in the market whatsoever.  There is more borrowed investment money in the market than ever.  There are more derivatives out there than ever.  There is less regulation than ever.  The market makers will exit the market for the sole purpose of watching it drop in value as everyone else tries to get out at which time they will jump right back in after the crash. Its a game for them.  A very profitable game at that."}
{"text": " That seems a very bad offer, it borders on fraud. In the current US economy, you should be able to get between 3 and 4 % APR (and that number is what you should look at). That means that for $300,000 over 30 years, you'd pay $1,265 to $1,432 per month. If you are able to pay more than that monthly rate, you should go for less than 30 years - 20, 15, 10, whatever you can afford - but don't overextend yourself. Google 'mortgage calculator' to do your own calculations."}
{"text": " There are a few ways to look at this question. Assumptions. Per the original post's assumptions, this answer: In other words, if the owner paid the mortgage on its original schedule, the deal could boil down to a $\u00a040,000 up-front payment, in exchange for $\u00a0200,000 of equity after 30\u00a0years.  Or the deal could boil down to a $\u00a040,000 up-front payment, in exchange for a $\u00a0810.70 monthly payment starting in 30\u00a0years. While the owner is paying down the mortgage, the return on equity is the principal payment divided by the equity.  The principal payment is the net rent minus non-financing costs and interest, so it is actually a profit. The initial return on equity is 6.321\u00a0% APR, or 6.507\u00a0% APY.  This is calculated by dividing the $\u00a0210.70 monthly principal payment by the initial $\u00a040,000 equity, and converting from monthly return to annual return. After 30 years, the return on equity is 4.864\u00a0% APR, or 4.974\u00a0% APY.  This is calculated by dividing the $\u00a0810.70 monthly cash flow (which is no longer reduced by mortgage payments) by the $\u00a0200,000 equity after 30 years, and converting from monthly return to annual return. The cap rate is the same as the return on equity in the absence of debt.  In this example, 4.864\u00a0% APR, or 4.974\u00a0% APY. The return on equity declines from 6.507\u00a0% APY initially to 4.974\u00a0% APY after 30 years. This is because the cap rate exceeds the note rate (4.974\u00a0% APY vs. 4.594\u00a0% APY), and the leverage decreases from 5x to 1x. The weighted average compound annual growth rate of the equity during the 30 years is 5.511\u00a0% APY.  Per the original poster's answer, this is computed by taking the 30th root of the 5-fold increase in equity.  Because the owner made no extra principal payments (besides those already discussed), the relevant amounts are the initial $\u00a040,000 owner payment and the final $\u00a0200,000 owner equity.  5.511\u00a0% APY corresponds to a 5.377\u00a0% APR. The internal rate of return if the owner never sells can be computed by treating the deal as a $\u00a040,000 up-front payment, in exchange for an $\u00a0810.70 monthly payment starting in 30\u00a0years.  The internal rate of return (IRR) is not a very useful number, because it assumes that you can somehow reinvest the eventual dividends at the same rate.  In this example, the IRR is 5.172\u00a0% APR, or 5.296 \u00a0% APY.  In this example, the IRR is calculated by (iteratively) finding an interest rate for which (initial investment) * (1 + IRR) ^ (number periods before dividends start) = (periodic dividend) / (IRR - growth rate of dividend).  For example: $\u00a040,000 * (1.004309687)^360 = $\u00a0810.70 / (0.004309687 - 0) = $\u00a0188,111 I then converted the 0.431\u00a0% monthly IRR to an annual IRR. The deal can be thought of as a return on equity, plus a return on paying down the mortgage. When computing the return from paying down the mortgage, the initial equity is irrelevant.  It does not matter whether you start with a $ 160,000 mortgage on a $\u00a0160,000 property, a $\u00a0160,000 mortgage on a $\u00a0200,000 property, or a $\u00a0160,000 mortgage on a $\u00a01,000,000 property.  All that matters is the note rate on the mortgage, which is the applicable compound interest rate. The return on paying down the mortgage equals the note rate of the mortgage.  For a 4.5% note rate, this works out to a 4.594% annual percentage yield (APY). You can confirm this by looking at your amortization schedule.  Suppose you have a $\u00a0160,000 mortgage with a fixed 4.5% APR note rate for 360 months.  Your monthly payment is $\u00a0810.70.  In the first month, $\u00a0600 goes toward interest, and $\u00a0210.70 reduces the principal.  In other words, the $\u00a0210.70 principal payment eliminated the need for a $ 810.70 payment 30 years later.  Notice that: . $ 210.70 * (1 + 0.045 / 12)^360 = $ 210.70 * (1.00375)^360 = $ 210.70 * 3.8477 = $ 810.71 which is within rounding error of $\u00a0810.70. The interest rate is 3/8\u00a0% per month, which is an APR of 4.5%, and an APY of 4.594\u00a0%."}
{"text": " Hi I am assuming you are doing this in the US?  I run a social media / content marketing agency in the UK,  Some of our very first clients were real estate agents, the idea we had was to market properties through Facebook using interior and exterior video shots to commercial music,  This took off with some estate agents and not so much with others,  My biggest piece of advice find a chain and start there that way you will get a hell of a lot of recognition by the smaller firms,  You need to find a realistic price point for your clients that is measurable on the ROI and ultimately pays for your lifestyle. I started at \u00a3200 which is $257 dollars - arguably very underpriced but it gave me the opportunity to work with a cluster of people,  I even went to the extreme of offering free work so I could get work for the portfolio!  In terms of who to contact and how to find them.. enter Linkedin.com your new best friend - connect with real estate developers, buyers, owners you name it then informally introduce yourself and ask when they are free for a coffee. Post an article about why video and drone footage is the next big thing for real estate, don't be afraid to ask for the business at the end of the day you are providing cold hard value.  I've always tried to get retainer deals with clients in the real estate sector but to achieve this you have to talk to the big boys and not independent firms. I could be wrong though I haven't done business with a lot of people in the states so definitely something to keep in mind.  A good lot of this business idea is trial and error but I agree with it 100% just go and do basically,  Hope this helps - I am happy to show you some of my work if you want to shoot me over a private message!"}
{"text": " Shareholders get to vote for the board, the board appoints the CEO. This makes the CEO care, which in turn makes everybody else working in the company care. Also, if the company wants to borrow money a good share price, as sign of a healthy company, gives them more favorable conditions from lenders. And some more points others already made."}
{"text": " \"how many of those Indians were immigrants as opposed to born in the USA?  there are tough restrictions for anyone to move from India to USA - only college graduated, high earning people can go to USA to work.  the other groups might have born there and that's why they bring down the \"\"college-educated\"\" statistics.\""}
{"text": " I agree with your title, but am confused with your comment.  I am bullish on Gold in the long run.  I believe that current market fundamentals are poitning towards a longterm bullish trend on Gold.  These fundamentals are:  1. a weak USD.   Although the USD has appreciated as of late, I believe this will be short lived and reversed as soon as the situation in Europe relieves itself.  Once this happens, i forsee net outflows in the USD causing it to revert back to its long term deprciated trend, evidented by its performance (in real terms) over the past decade.  2.QE3 Similar to the above post, once the printing presses are turned back on, we will see all risk assets take off, a depreciation in the USD and of course a rise in the price of bullion  3.negative real rates As long as rates stay low (which they will for a while) Gold will have a cushion and will only push higher, given its historical negative correlation with this economic indicator.  4.Central Bank Buying If central banks are buying...I want in!"}
{"text": " \"This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-japan-economy-labour-analysis/japan-inc-turns-contract-workers-into-permanent-staff-as-labor-market-tightens-idUSKCN1BC3PJ) reduced by 88%. (I'm a bot) ***** &gt; Last year, the average monthly pay for regular workers was 321,700 yen while for contract workers it was 211,800 yen, so a change in status can mean a big jump in pay plus benefits workers weren&amp;#039;t previously receiving.  &gt; LABOR LAW REVISIONS. The trend is expected to accelerate toward April 2018 when a revised labor contract law starts forcing companies to provide permanent status for temporary workers who have served more than five years, if the workers request it.  &gt; The share of non-regular workers has almost doubled as companies saddled with excess capacity, debt and excess workers have replaced regular employees with cheaper contract workers.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xgsde/japans_labor_market_is_getting_so_tight_that/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~202637 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*: **work**^#1 **employee**^#2 **year**^#3 **job**^#4 **contract**^#5\""}
{"text": " I went in one a couple months ago and the host asked us if we'd ever been there before. I just stopped for a minute and looked at it him. It was a bit longer and more awkward than it needed to be but he got the point"}
{"text": " I'm not a big fan of tax-advantaged retirement accounts. The rules on tax-advantages accounts can change at any time.  It's already painful to get money out before retirement (earnings or possibly contributions taxed as current income, plus 10% penalty).  The rules could get worse. There's also the assumption that your taxes will be lower when you retire.  I think this is a poor assumption. If you get free money from your employer for contribution to a 401(k), contribute up to what will get you all of the free money you can.  Otherwise, pay your taxes and keep control of your assets. So short answer: Keep as much as you can out of tax-advantaged accounts unless you're turning down free money to do so."}
{"text": " Most of my coworkers and the number of crappy looking hybrids I see in traffic everyday would disagree with you about the status symbol bit.  Nobody wants an ugly car, but people give a crap about the money they're spending on gas.  The environment may not be the primary reason, but neither is status.  Having an cheap, efficient car you can comfortably commute in, is pretty valuable to most people."}
{"text": " While I agree with your sentiment that trades will be more useful than a university degree now and in the near future (at least in Canada). It worries me that the social mobility for this generation will lean to blue collar jobs.   After a generation this will build a social hierarchy of blue collar labour workers and company/owners. The university degree holders will be weaned out to the sidelines, intellectualism is being sidelined. If this keeps up we're going back to feudalism."}
{"text": " Stating poor estimates in advance will lower your share price to compensate for thge extras boost it gets later ... And may run afoul of stock manipulation laws. More pain than gain likely."}
{"text": " \"HypoVereinsbank (member of UniCredit group), a few savings banks (\"\"Sparkasse\"\") and VR Banks offer cash (bill) deposit machines.  However, it can take a few business days until the deposit is credited to your checking account, which has to be with the same bank. Google for \"\"Bargeldeinzahlungsautomat\"\" (=cash deposit machine). As Duffbeer stated correctly, HSBC Trinkaus which is the German arm of the HSBC group does not operate any ATMs in Germany. In addition they do not share the same bank accounts. So I would recommend going with the classic banks mentioned above.\""}
{"text": " \"For their current operations, they need people because of all the rules and regulations around the world. It's not \"\"random dude downloads the app and becomes a driver\"\" everywhere. In Sweden, you need to have a registered taxi fleet company and you need to be a licensed taxi driver in order to operate any taxi business. Then you can drive for whoever you want, including Uber. Those regulations need to be handled by staff. Then there's the marketing department in every country/city.  As for the developers, I'm guessing many of them work on things of the future. I guess they're preparing for driverless cars?\""}
{"text": " \"The catch with any exchange service is that you're going to involve some sort of business and they're going to want to get paid for their service. These services all come with their own exchange rates, fees, waiting periods, or requirements to even use said service. Commonly, pros towards one of those comes at the cost of another\u2014 e.g. fast transfers have higher fees or worse exchange rates. Over the past few months I needed a service and ended up using USForex. Since you're going from CAD to USD, you'd likely need to use CanadianForex. Pros:  Cons:  Overall, this option was far better than the $97.00 I was quoted from WesternUnion; or the $25.00-45.00 I was quoted from BMO Harris, which would have required I open a saving account with them. I wasn't provided a clean exchange rate between these two to know how all three compared. The only bit of advice I can say with any service is compare exchange rates. If you're transferring more than a few hundred dollars, the exchange rate can be seen as a \"\"hidden\"\" fee when it's unreasonably low. I'm not affiliated with or accommodated by any of the exchange services mentioned.\""}
{"text": " \"I learned just how stupid and useless Gartner Magic Quadrants were many years ago when I was working at a public utility that was trying to use one to determine \"\"which web server to use.\"\" (I kid you not)  I had one look at the thing and immediately noticed what *wasn't* there: Apache.  This was about 10 years ago when Apache owned like 75% of all websites on the internet (before Microsoft bribed various DNS parking sites).\""}
{"text": " \"I'm a little confused on the use of the property today.  Is this place going to be a personal residence for you for now and become a rental later (after the mortgage is paid off)?  It does make a difference. If you can buy the house and a 100% LTV loan would cost less than 125% of comparable rent ... then buy the house, put as little of your own cash into it as possible and stretch the terms as long as possible.  Scott W is correct on a number of counts.  The \"\"cost\"\" of the mortgage is the after tax cost of the payments and when that money is put to work in a well-managed portfolio, it should do better over the long haul.  Don't try for big gains because doing so adds to the risk that you'll end up worse off. If you borrow money at an after-tax cost of 4% and make 6% after taxes ... you end up ahead and build wealth. A vast majority of the wealthiest people use this arbitrage to continue to build wealth.  They have plenty of money to pay off mortgages, but choose not to.  $200,000 at 2% is an extra $4000 per year.  Compounded at a 7% rate ... it adds up to $180k after 20 years ... not exactly chump change. Money in an investment account is accessible when you need it.  Money in home equity is not, has a zero rate of return (before inflation) and is not accessible except through another loan at the bank's whim.  If you lose your job and your home is close to paid off but isn't yet, you could have a serious liquidity issue. NOW ... if a 100% mortgage would cost MORE than 125% of comparable rent, then there should be no deal.  You are looking at a crappy investment.  It is cheaper and better just to rent.  I don't care if prices are going up right now.  Prices move around.  Just because Canada hasn't seen the value drops like in the US so far doesn't mean it can't happen in the future.  If comparable rents don't validate the price with a good margin for profit for an investor, then prices are frothy and cannot be trusted and you should lower your monthly costs by renting rather than buying.  That $350 per month you could save in \"\"rent\"\" adds up just as much as the $4000 per year in arbitrage. For rentals, you should only pull the trigger when you can do the purchase without leverage and STILL get a 10% CAP rate or higher (rate of return after taxes, insurance and other fixed costs).  That way if the rental rates drop (and again that is quite possible), you would lose some of your profit but not all of it.  If you leverage the property, there is a high probability that you could wind up losing money as rents fall and you have to cover the mortgage out of nonexistent cash flow. I know somebody is going to say, \"\"But John, 10% CAP on rental real estate?  That's just not possible around here.\"\"  That may be the case.  It IS possible somewhere.  I have clients buying property in Arizona, New Mexico, Alberta, Michigan and even California who are finding 10% CAP rate properties.  They do exist.  They just aren't everywhere. If you want to add leverage to the rental picture to improve the return, then do so understanding the risks.  He who lives by the leverage sword, dies by the leverage sword.  Down here in the US, the real estate market is littered with corpses of people who thought they could handle that leverage sword.  It is a gory, ugly mess.\""}
{"text": " \"Time for a lawyer. Essentially, regardless of the situation \"\"it's not right\"\" for him to be paying the mortgage and only get half the value out of the equity in the house. All other things aside, no court I can think of would allow that. The \"\"could happens\"\" are many, but the most common include; Keep in mind that if he keeps paying the mortgage ling enough most courts will end up giving him ownership outright. Essentially, they will say he has already bought her out by paying her half of the debt.  Unfortunately, any way he goes he is going to need to take action. When there is a missed mortgage payment, a bad tax year, or some other legal issue (some one is injured on the property), the last thing he is going to want is for the courts to decide the issue for him. For example, John breaks an arm while climbing a tree on the property line. John takes the owners of the property to court. \"\"He\"\" says \"\"but my sister owns half\"\" and the courts decide then and there that because he's been paying the mortgage alone he owns the house alone. Seems like a win, except now he owns the liability alone, and owns John $1,000,000 for a silly lawsuit alone.  Point is this. Ownership of property comes with risks and responsibilities. \"\"He\"\" really needs to get those risks and responsibilities under control so he can mitigate them, or he could end up in a very nasty situation in the years to come.\""}
{"text": " Haha -- you are wrong about that. Companies that outsource keep the high paying good jobs in the USA because 1. They know the business 2. They speak perfect English 3. They know American culture well, which sorta helps a lot in America"}
{"text": " In all likelihood, the best thing you can do, if these really are your only two options (ie no other debt at all), paying-down your mortgage will shorten the term of the mortgage, and mean you spend less on your house in the long run. Investing is should be a long-term activity - so yes, the likelihood is that, given a modest investment, it will gain at historical averages over the life of the investment vehicle. However, that is not a guarantee, and is an inherent risk. Whereas paying-down a mortgage lowers your financial obligations and risk, investing increases your risk. I want to know how you got a 2.1% interest rate on a mortgage, though - the lowest I've seen anywhere is 3.25%."}
{"text": " \"First of all, insurance never covers the cost of the item, it is almost always a partial payout at best. For example, a typical house in the Northeast US where I live that costs $300,000 will have the actual house valued at maybe $100,00 and rest of the value will be in the land. Therefore, the insured value will typically be $100,000. The only problem is that to actually rebuild the house might easily cost $250,000. So, your idea that some kinds of insurance allows the beneficiary to recoup their loss is usually never true. As you say, from an actuarial point of view insurance is a sheer waste of money. For example, a typical house has maybe a 0.5% chance of burning down every year. In other words out of 2000 houses, maybe 1 will burn down every year. So, lets say you got $100,000 of insurance on your house. Then the value of that policy would be $100,000 / 2000 = $50 per year. An insurance company will charge around $700 per year for the policy. That means you are basically flushing $650 down the toilet every year to maintain that policy. The reason why they do this is what blankip says above, they are buying \"\"peace of mind\"\", a psychological product. In other they imagine they are somehow safe. So, even though they are losing money, paying it makes them feel as though they are not losing money. It's delusional, but then again most people have a lot of delusions of which insurance is just one of many.\""}
{"text": " I disagree.  First off the SEC is under-funded anyhow, and most economists agree that there needs to be better regulation of the exchanges; ya know since it can fucking crash our economy and send us into WW3.  Secondly, it's a flat Transaction tax much like any other State Sales Tax.  State Sales Tax is arguably the most successful form of taxation there is, b/c it's so damn easy to implement, and so damn easy to audit.  You're blowing this thing way out of proportion.  They require the markets to charge a Transaction tax, and then they do periodic audits to ensure each exchange is doing it.  The rates go up or down based on the previous quarters number of HFTs.  Outside of said formula, this transaction rate can be altered by a meeting of a few SEC heads, and approved when approved by the appropriate congressional body.  Kills 2 birds with one stone:  * more money to the underfunded SEC * lessens the impact of HFTs and turns the markets back into a market instead of a casino.  It will have minimal effects on buy &amp; hold traders since they typically research for a long time, then buy &amp; hold stock for many months.    It will mainly affect those who buy &amp; unload several times per day.    PS:  If you think that letting a market die and having new ones pop up periodically is a good idea then holy shit.  Financial markets need stability &amp; regulation.  Finance doesn't like uncertainty.  Crash &amp; burn marketplaces will help no one, and will raise uncertainty which we all know investors hate."}
{"text": " I got really lucky. I was hired on as a entry level employee at 80 at a small company and then an assistant manager ended up going to a different company and they needed someone to promote. They decided to go with me and groom me to exactly how they wanted as opposed to someone with more experience."}
{"text": " \"I've come to accept the fact that all these people that hark on and on about \"\"moving up the ladder\"\" topped out in pay years ago and have no real understanding that the world is shaped more like a pyramid.   You're not standing on a ladder with 3 people above you waiting to get on the roof and 3 under you waiting for the same. You're standing at the bottom of a pyramid with 3 people and only one of you makes that next step at which point two others are now standing waiting for the next step up and so on. Some move up quickly, others never do. And the situations are all different.\""}
{"text": " Would anything happen if you bring this issue to the attention of the HR department? Everyone in the company who participates in the 401(k) is affected, so you'd think they'd all be interested in switching to a another 401k provider that will make them more money."}
{"text": " Ugh.   When will the fabled antichrist of Christian mythology come   To put the seer the consciousness of man with hot iron, to mark the front of his forehead with the sergeant of wisdom, to place a microchip into the prefrontal lobe which proceeds decision making skills, and gives the power of wisdom.   Oh right, consumer rights!   Something something, uhm, critical thinking is good, consumers should have rights."}
{"text": " Just saw the update: Here's some ETFs for Canada from Vanguard."}
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{"text": " You were the one who started the government talk.  &gt; No.  Our taxes allocated the resources necessary for us to have roads, power, and all the nice facilities we use.  The rich benefited from the government offering them the jobs to build these things.  Or did you forget about that part?  I have no idea what lead you to believe that I said these businesses that do work for the government aren't getting paid, but in large part the money they are being paid with has been borrowed from the financial sector. I've told you this three times now, but you seem completely unwilling and overall too ignorant to absorb the information."}
{"text": " \"&gt; In the future, if nearly every job is taken by a very advanced robot, which are even capable of maintaining themselves, humans would not just be left behind. The economy needs consumers. Instead, we would live in a world of infinite entrepreneurship, in which the means of production are nearly free for anyone, and people prosper by their ambition and drive. Everyone would own their own robots that do work on their behalf. The amount of resources available to all would be incredible, and people would be free to do things they actually want to do. The contrary of course, is a socialist \"\"utopia\"\"; a world of everyone being dependent on the government to provide them their basic income. Instead, we're looking at a free world in which every person is a capitalist in control of their own robots. &gt;   Upfront investment cost to create a contemporary business is challenging today, and this is before a firm anticipation of the cost of labour declining in developed nations.   The lack of value for one's own labour will impede investment in new capital machines; using one's employed labour to generate start up capital is key to your projection (short of inheritance) and if this market fails to empower consumers with capital demand will suffer.  Secondly, I don't see every individual, or a majority of individuals endowed with the capacities to live in an economy of small businesses.    In fact imagining that world sort of economy seems inconceivable to me.    Dividends from certain automated industries might become an economic necessity, and this structure wouldn't necessarily disrupt private enterprise; but it may if that private enterprise were to evolve into something which gains overwhelming market power or monopoly.\""}
{"text": " I completely agree that there are experts that recognize it as a very serious problem, and I agree that it is a serious problem that could cause a large recession or crash (my large chunk of remaining loans definitely agrees). My point is that this article isn't looking at economic data. It's looking at a survey of recent college grads and asking them to rank the risk of student loan debt vs the risk of North Korea. I wouldn't consider that a very useful indicator."}
{"text": " Barstable Medical Clinic is one of the trusted providers of dermal fillers Essex based treatments. They have healthcare professionals who are certified and experienced to perform such cosmetic treatments. Also, they pride themselves in delivering favourable and natural-looking outcomes. To know more about Barstable Medical Clinic and their dermal filler treatments, just visit their website, http://www.barstable.co.uk/."}
{"text": " The purpose of long term care insurance is to pay for your long term care while protecting your assets. This is highly recommended to people who have high risk factors or family history. People who will most likely receive care should purchase this as early as possible in order to avoid the soaring cost of coverage and care. Another reason why people should buy this is is because of the much longer life expectancy today. Statistics would show that about 70% of people who are 65 years old will need long term care. This is obviously high and alarming. For me, this is enough to encourage people to prepare for their future and buy insurance for long term care."}
{"text": " You cannot roll over your 401k money in an employer's 401k plan into an IRA (of any kind) while you are still employed by that employer. The only way you can start on the conversion before you retire (as Craig W suggests) is to change employers and start rolling over money in the previous employer's 401k into your Roth IRA while possibly contributing to the 401k plan of your new employer. Since the amount rolled over is extra taxable income (that is, in addition to your wages from your  new job), you may end up paying more tax (or at higher rates) than you expect."}
{"text": " The real problem is everyone thinks they need a degree. A lifelong of crippling student debt is an indicator you had no business being in college. Its hard for people in America to accept that their time just isnt worth all that much."}
{"text": " One can't, this is a systemic problem and when One bank goes pop, it drags a couple down with it. While swaps should have worked to keep the system safe at one time, when money was real, they now act as anchors that drag the entire chain down because the volume of funny money debt is so great its just not ever getting paid back. Best bet is to burn the Fed down"}
{"text": " \"Take a Chilean cruise this year, and experience exploring the most beautiful, and untouched places on Earth: Patagonia, Tierra del Fuego &amp; Cape Horn. Cruceros Australis will take you on an amazing journey to the \"\"uttermost end of the earth,\"\" providing you with an unforgettable cruise on one of the industry's most comfortable ships designed to make your trip a remarkable excursion of a lifetime.\""}
{"text": " You should also consider what the cost of the Put is, especially if the strike price is set at the current price, vs the average price delta of the security during the period between when you buy the put, and the expiration date.  Also note the prices for puts on stocks with a lot of price volatility. There are a good number of situations where you may come out behind. If the stock stays the same price, you are out the premium you paid for the put. If the stock price rises less than the premium, you are out the difference between the two. If the stock price falls less than the premium, you are out the difference between the two. In order to be 'in the money' when writing a protective put, the stock has to either rise more than the premium you paid for the put (and you MUST sell, or hold and write off the expense of the put) or the stock price has to fall below the strike price to a level lower  than the premium you paid, and you must SELL via the exercising the option. and you've protected yourself from a loss (presuming you were going to sell and not hold and see if the stock recovers.  And since selling is required in both cases, if you've held the stock less than a year, then pay on any profits at short term rates (taxed as regular income) and if the price went down, you can't claim any loss (unless strike price was below your buy price), and would still need to pay if you had a net gain, and you likely can't deduct the price you paid for the put."}
{"text": " Me triggered? Not at all. I am very happy with my vote, my president, the economy, and the prospects under Trump.  You are triggered!  But, Ok, let's wait and see.  So far, I and the stock market are showing great confidence in the future under Trump."}
{"text": " He's trying to create a compensation system that is as fair as possible.  &gt;I can see certain benefits too, but look - as an employee, I want to work in an environment where I can advocate for myself and, occasionally, negotiate for better compensation. **Some people aren't good at these things, and frankly, that sucks for them. I'll eat their lunch if they let me.**  What you're saying is you want to work at a place that rewards the skills **you** have.  This is a very selfish perspective, but at least you're honest about it.  Of course you want to work somewhere that pays you more than other people.  However I don't see how it benefits the company to reward employees that are good at negotiating salary.  I'd rather have employees that are good at making product."}
{"text": " If you don't need to own a car for other reasons (i.e. if you are perfectly fine using Lyft and public transport), a new car loan should have just as much effect on your credit score as, say, opening a new credit card. Your credit score would take a temporary dip because of the hard inquiry to acquire the card, but your number of credit accounts would increase, and your credit utilization rate would go down, both of which are good things for your credit score. There may be better ways to increase your credit score that others know about, but I don't think getting a car loan when you don't need a car is the best one. Note, this assumes that you are paying all your credit cards off in full every month."}
{"text": " Exactly, it makes my poop pasty because it constipates me. I've not attacked anyone and you're out here being Internet big guy calling me all kinds of names and accusing me of stuff I haven't done. Nothing I've said is inaccurate or offensive. If you took it that way that is your issue you should talk to a therapist about."}
{"text": " I know quite a few mutual fund wholesalers making over a mil right here in the states.   Having said that, none of them are at Fido. Fidelity is a private firm but having started my career there, I wouldn't be surprised if they're paying a few people that much who have been there forever. They also extend extremely cheap credit to employees at the MD role and above, at least that was the case when I was there."}
{"text": " I see what your point is, but I would argue that the barriers to enter the web market are almost non-existent. It doesn't take huge capital to create a great product. Check out the author's product at http://letsfreckle.com/. It's a perfect example that it doesn't take VC's to make a good product and viable business. Everything that you mentioned can and is being done by entrepreneurs without the help of VC money. By the way just because you have investors involved doesn't mean you'll create a commercially viable product either.  That being said some people will still opt for the VC route because you can't be the next groupon without VC money right? Without investors how would companies with no business model survive?"}
{"text": " Well, there are also cases where inflation actually helps you, individually, as a consumer. For example, if you have a mortgage or any other debt, debtors benefit from the value of a dollar today decreasing tomorrow.  In a very general sense, psychologically you want to avoid deflationary periods as well as it tends to seize up an economy (why would I spend a dollar today if it will be worth more tomorrow?).  Sure, the absolute value of a dollar decreases over time, but this is intentionally designed to diminish the value of hoarding cash today. Standard income should rise approximately with the rate of inflation, so from an absolute purchasing power standpoint you should remain approximately neutral."}
{"text": " \"No, I do not.  The advice is to take advice :-) but it is not required.  Several \"\"low cost\"\" SIPPs allow an \"\"Execution Only\"\" transfer from some pensions (generally not occupational or defined benefits schemes [where transfers are generally a bad idea anyway] but FAVCs such as mine are ok). Best Invest is one such, and the fees are indeed relatively low. As far as anyone knows, the government's plans for changes to rules on using pension funds would still apply even once I've transferred my pension pot and begun to withdraw funds (provided I don't commit myself to an annuity or other irrevocable investment). I am not a financial adviser, nor employed or otherwise connected with Best Invest, and I'm not endorsing their SIPP schemes, just giving them as an example of what can be done. [Added after I carried out my plan] I found the process very straightforward; I needed to apply for a pension fund with my new provider and fill in a transfer form, which set up the scheme and transferred the funds with no expense required.  Once the money arrived in my pension account I filled in another form to take the lump sum and set up regular withdrawals from the fund. I had my lump sum within a couple of months of initiating the transfer.  I'm very happy I did not take independent advice because it would have been very poor value for money.  During my researches I was approached eagerly by one firm promising to get me my money quick and claiming to be an independent financial advisor.  Luckily I mistrusted the service they offered.\""}
{"text": " \"Price is decided by what shares are offered at what prices and who blinks first.  The buyer and seller are both trying to find the best offer, for their definition of best, within the constraints then have set on their bid or ask. The seller will sell to the highest bid they can get that they consider acceptable. The buyer will buy from the lowest offer they can get that they consider acceptable. The price -- and whether a sale/purchase happens at all -- depends on what other trades are still available and how long you're willing to wait for one you're happy with, and may be different on one share than another \"\"at the same time\"\" if the purchase couldn't be completed with the single best offer and had to buy from multiple offers. This may have been easier to understand in the days of open outcry pit trading, when you could see just how chaotic the process is... but it all boils down to a high-speed version of seeking the best deal in an old-fashioned marketplace where no prices are fixed and every sale requires (or at least offers the opportunity for) negotiation. \"\"Fred sells it five cents cheaper!\"\" \"\"Then why aren't you buying from him?\"\" \"\"He's out of stock.\"\" \"\"Well, when I don't have any, my price is ten cents cheaper.\"\" \"\"Maybe I won't buy today, or I'll buy elsewhere. \"\"Maybe I won't sell today. Or maybe someone else will pay my price. Sam looks interested...\"\" \"\"Ok, ok. I can offer two cents more.\"\" \"\"Three. Sam looks really interested.\"\" \"\"Two and a half, and throw in an apple for Susie.\"\" \"\"Done.\"\" And the next buyer or seller starts the whole process over again. Open outcry really is just a way of trying to shop around very, very, very fast, and electronic reconciliation speeds it up even more, but it's conceptually the same process -- either seller gets what they're asking, or they adjust and/or the buyer adjusts until they meet, or everyone agrees that there's no agreement and goes home.\""}
{"text": " To make the buying process less complicated and to ensure you end up with the energy savings roof fan that is going to work best for your needs, we wanted to provide some helpful tips on what to look for when searching for an attic fan for the home."}
{"text": " There is no right way but changing your methodology to suit your situation is   a problem. They were happy to use a 4 years period during the crazy times to lower the VAR and then switch to 1 year afterwards to do the same. It is picking and choosing your measures to suit the situation and that is statistical heresy. While there may not be a right way to measure VAR choosing the measure that is suits your situation is bad methodology.    And of course there is such a thing as bad statistical methodology, you see it everyday.   I also pointed out above that it vairies from bank to bank what confidence interval you use."}
{"text": " \"Other responses have focused on getting you software to use, but I'd like to attempt your literal question: how are such transactions managed in systems that handle them? I will answer for \"\"double entry\"\" bookkeeping software such as Quicken or GnuCash (my choice). (Disclaimer: I Am Not An Accountant and accountants will probably find error in my terminology.) Your credit card is a liability to you, and is tracked using a liability account (as opposed to an asset account, such as your bank accounts or cash in your pocket). A liability account is just like an asset except that it is subtracted from rather than added to your total assets (or, from another perspective, its balance is normally negative; the mathematics works out identically). When you make a purchase using your credit card, the transaction you record transfers money from the liability account (increasing the liability) to the expense account for your classification of the expense. When you make a payment on your credit card, the transaction you record transfers money from your checking account (for example) to the credit card account, reducing the liability. Whatever software you choose for tracking your money, I strongly recommend choosing something that is sufficiently powerful to handle representing this as I have described (transfers between accounts as the normal mode of operation, not simply lone increases/decreases of asset accounts).\""}
{"text": " \"Most banks will not allow you to use online bill pay with a savings account as the funding source; rather, instead it must be funded from either a checking or money market account. The reason for this is that checks can typically be written from a money market account but not from a savings account. Update: I was having trouble wrapping my head around what the check would look like when the \"\"pay from account\"\" is an external bank, so I just called Bank of America and asked them. Basically, they do an ACH Withdrawal from your external bank account and route the money directly to the payee electronically. This means that your BofA account isn't touched and it won't show up on your BofA statement (but you can see it in the online bill pay history, and on your external bank's statement.) If the payee cannot be paid electronically, than you cannot use an external funding source. In other words, if a physical check is going to be sent, then it must have a BofA account as its funding source. Even though the ACH withdrawal should technically be allowed from a savings account, I suspect that this is forbidden since the intended purpose of the ACH is actually to streamline the writing of a check.\""}
{"text": " Best Western Rewards er Best Western\u00b4s stamg\u00e6st -og loyalitetsklub. Best Western har over 4.000 hoteller i mere end 100 lande over hele verden. Vi tilstr\u00e6ber at alle vores g\u00e6ster, inklusiv dig, oplever en oprigtig g\u00e6stfrihed og omsorg, n\u00e5r du bes\u00f8ger et af vores Best Western hoteller. Herudover vil vi gerne give dig som g\u00e6st mulighed for at optjene Rewards point. http://www.bestwestern.dk/best-western-rewards.aspx"}
{"text": " If you have self control and a good handle on your finances, which it sounds like - I suggest the following: Note: #3 is important - if you're not able to pay it off each month don't do this because it will cost you a lot in interest. Make sure to check how interest is calculated in case you don't pay it off in full or miss the due date for a month. If you can do this you'll earn some good benefits from the card using money that you're going to spend anyway, as well as build your credit profile. Regarding annual fees -"}
{"text": " most def.  When I have an algorithmic trading strategy I want to spitball, or some question about how to exploit netback pricing inefficiency between West Texas Intermediate and Brent prices based on some sort of shipping rate change, I'd like to post here.  When I want a new job, I'll go to r/financialcareers."}
{"text": " \"The question that I walk away with is \"\"What is the cost of the downside protection?\"\" Disclaimer - I don't sell anything. I am not a fan of insurance as an investment, with rare exceptions. (I'll stop there, all else is a tangent) There's an appeal to looking at the distribution of stock returns. It looks a bit like a bell curve, with a median at 10% or so, and a standard deviation of 15 or so. This implies that there are some number of years on average that the market will be down, and others, about 2/3, up. Now, you wish to purchase a way of avoiding that negative return, and need to ask yourself what it's worth to do so.  The insurance company tells you (a) 2% off the top, i.e. no dividends and (b) we will clip the high end, over 9.5%.  I then am compelled to look at the numbers. Knowing that your product can't be bought and sold every year, it's appropriate to look at 10-yr rolling returns. The annual returns I see, and the return you'd have in any period. I start with 1900-2012. I see an average 9.8% with STD of 5.3%. Remember, the 10 year rolling will do a good job pushing the STD down. The return the Insurance would give you is an average 5.4%, with STD of .01. You've bought your way out of all risk, but at what cost?  From 1900-2012, my dollar grows to $30080, yours, to $406. For much of the time, treasuries were higher than your return. Much higher.  It's interesting to see how often the market is over 10% for the year, clip too many of those and you really lose out.  From 1900-2012, I count 31 negative years (ouch) but 64 years over 9.5%. The 31 averaged -13.5%, the 64, 25.3%.  The illusion of \"\"market gains\"\" is how this product is sold. Long term, they lag safe treasuries.\""}
{"text": " Perhaps Ashlir is viewing it from the 1% angle and feels more entitled to handouts for creating minimum wage jobs in a mine or charter school that can declare bankruptcy after a couple years without any debt."}
{"text": " &gt; He's supposed to be grading him as a board member. I dont think that a board member's vote should be seen as a positive or negative when it comes time for their job review.  Being a Trump supporter shows bad judgment. I certainly wouldn't want someone like that to be a board member of my company."}
{"text": " They are structured which gives me confidence choosing them over other podcasts. Many podcasts have a couple golden nuggets but are mostly personal filler and promotional material. The podcasts mentioned above follow a structure where I know what to expect but still at times they surprise me."}
{"text": " Your tax return will be due on April 18th of 2017 for the amounts made in 2016. Based on the figures that you have provided, assuming you are 18, and assuming you are a single taxpayer your total tax will be around $2600.00 ($2611.25 to be exact, without additional credits or deductions to AGI accounted for). The $1,234 in fed. inc. tax that you have already paid is considered to be a prepaid by the government. If at year-end you have provided more than you have made the government will refund you the excess (federal tax return)."}
{"text": " In your situation you will be using your normal savings to offset additional funding from student loans or similar financing. Also, sending your children to or moving to a jurisdiction that has lower education costs but ample opportunity should also be in your cards. That can be another state, or another country."}
{"text": " \"Why do people keep talking about 401K's at work?  That is NOT dollar cost averaging.  DCA refers to when you have a large sum of money.  Do you invest it all at once or spread it out over several smaller purchases over a period of time?  There really isn't a \"\"when\"\" should I use it.  It is simply a matter of where your preferences lie on the risk/reward scpectrum.  DCA has lower risk and lower reward than lump sum investing.  In my opinion, I don't like it.  DCA only works better than lump sum investing if the price drops.  But if you think the price is going to drop, why are you buying the stock in the first place? Example: Your uncle wins the lottery and gives you $50,000.  Do you buy $50,000 worth of Apple now, or do you buy $10,000 now and $10,000 a quarter for the next four quarters? If the stock goes up, you will make more with lump-sum(LS) than you will with DCA. If the stock goes down, you will lose more with LS than you will with DCA. If the stock goes up then down, you will lose more with DCA than you will with LS. If the stock goes down then up, you will make more with DCA than you will with LS. So it's a tradeoff.  But, like I said, the whole point of you buying the stock is that you think it's going to go up! So why pick the strategy that performs worse in that scenario?\""}
{"text": " Please note that if you are self employed, then the profit sharing limit for both the SEP and Solo 401(k) is 20% of compensation, not 25%. There is no need for a SEP-IRA in this case.  In addition to the 401(k) at work, you have a solo-401(k) for your consulting business.  You can contribute $18,000 on the employee side across the two 401(k) plans however you wish.  You can also contribute profit sharing up to 20% of compensation in your solo 401(k) plan.  However, the profit sharing limit aggregates across all plans for your consulting business.  If you max that out in your solo 401(k), then you cannot contribute to the SEP IRA. In other words, the solo 401(k) dominates the SEP IRA in terms of contributions and shares a limit on the profit-sharing contribution.  If you have a solo 401(k), there is never a reason to have a SEP for the same company. Example reference: Can I Contribute to a solo 401(k) and SEP for the same company?"}
{"text": " \"1. Actually, using the word \"\"actually\"\" to begin a sentence just to sound pretentious does NOT get your point across any clearer.  2. I know it would be cheaper and better for the environment. What I'm saying is we already do have enough food an resources to feed the entire world, but we just don't do it.\""}
{"text": " Maybe, maybe not. By and large my union rep and my governor (nevermind the secretary of state) are also likely to engage in high stakes--possibly higher-stakes--negotiation. So I'll ask again: what distinguishes public employees and union reps so that they should fly coach, but c-corp execs should get fancier tickets?"}
{"text": " &gt; Currently many people are still getting virtually free healthcare as an untaxed employee benefit and therefore care nothing about anyone else.      If they only knew how much their salary increases are being eaten up by rising healthcare costs.  We are all paying for it."}
{"text": " But then why wouldn't that be their primary mode to control their currency now/are they starting/hinting at doing so to move away from US treasuries? There must be benefits to Treasury purchasing that seems better to them, maybe that QE can't do alone?  And I have to imagine with the tenuous nature of their financial system, the shock alone from losing access to the Dollar (and before they could use QE to devalue the currency back down) would be a major issue."}
{"text": " Worthwhile article. Long but very good read.  Interesting how only until recently were wiretaps being used. I heard about this from a friend- it took an outsider to the white collar crime division to get them to start pushing for wiretaps, and until they did that, they werent able to get anyone at all."}
{"text": " You run the regression R_{i,t} = a + bR_{m,t} + e_t, then a + e_t is the variation that isn't shared with the market's variation."}
{"text": " It would involve manual effort, but there is just a handful of exclusions,  buy the fund you want, plug into a tool like Morningstar Instant X Ray,  find out your $10k position includes $567.89 of defense contractor Lockheed Martin,  and sell short $567.89 of Lockheed Martin.  Check you're in sync periodically (the fund or index balance may change); when you sell the fund close your shorts too."}
{"text": " Next will be Applebees and Chilis and then slowly the Olive Gardens and Red Lobsters will follow suit. These eateries are no longer attractive. Millennials value craft and local food. I can not tell you the last time I saw a full parking lot at Chilis on a Friday night ( well maybe in 1996)."}
{"text": " Time premium is the difference between the market value of the option and its intrinsic value the amount you would get if it expired right now.  Lets think about three cases for buying call options: Purchasing put options works similarly but in reverse."}
{"text": " Since you are only 16, you still have time to mature what you will do with your life, always keep your mind opend. If you are really passionated about investement : read 1 book every week about investement, read the website investopedia, financial time, know about macro economic be good a math in school, learning coding and infrastructure can also be interesting since the stock is on server. learn about the history, you can watch on yoube shows about the history of money. learn accounting, the basic at least open a  broker simulating account online ( you will play with a fake wallet but on real value) for 6 month, and after open a broker account with 100 real dollards and plays the penny stocks ( stock under 3 USD a share). after doing all this for 1 year you should know if you want to spend your life doing this and can choose universtity and intership accordingly. You can look on linkedin the profile of investement banker to know what school they attended. Best of luck for your future."}
{"text": " To tackle such problems, there are several companies that have been providing quality beds for their customers. These products are very popular among the people because of their quality and thousands of people are purchasing these products from all over the world. Since the commencement of Internet, many things have evolved alongside. They provide Ottoman with Sleeper."}
{"text": " Nobody is suggesting that China hasn't had massive amounts of growth. However, even a relatively small discrepancy (for instance, 6.9% against 6.5%, similar to what appears in the article) can compound in to a huge difference over years.  If that relatively minute 0.4% spread were misreported since the 90s, that produces output gap of about USD $2 trillion (roughly 10% of the GDP).   It's hard to guess the magnitude of the inaccuracies, though some estimates exist, but I'd be willing to bet that the government never *under* reports growth.  Why do inflated assets matter? Because they lead to unrealizable capital gains on the balance sheet that gets counted in GDP, potentially producing reporting inaccuracies.  I agree with you that infrastructure projects drive a lot of China's growth, but again, the other drivers notwithstanding, there is a material difference between 6.5% and 6.9%."}
{"text": " \"I'm not sure the term actually has a clear meaning. We can think of \"\"what does this mean\"\" in two ways: its broad semantic/metaphorical meaning, and its mechanical \"\"what actual variables in the market represent this quantity\"\". Net buying/selling have a clear meaning in the former sense by analogy to the basic concept of supply and demand in equilibrium markets. It's not as clear what their meaning should be in the latter sense. Roughly, as the top comment notes, you could say that a price decrease is because of net selling at the previous price level, while a price rise is driven by net buying at the previous price level. But in terms of actual market mechanics, the only way prices move is by matching of a buyer and a seller, so every market transaction inherently represents an instantaneous balance across the bid/ask spread. So then we could think about the notion of orders. Actual transactions only occur in balance, but there is a whole book of standing orders at various prices. So maybe we could use some measure of the volume at various price levels in each of the bid/ask books to decide some notion of net buying/selling. But again, actual transactions occur only when matched across the spread. If a significant order volume is added on one side or the other, but at a price far away from the bid/offer - far enough that an actual trade at that price is unlikely to occur - should that be included in the notion of net buying/selling? Presumably there is some price distance from the bid/offer where the orders don't matter for net buying/selling. I'm sure you'd find a lot of buyers for BRK.A at $1, but that's completely irrelevant to the notion of net buying/selling in BRK.A. Maybe the closest thing I can think of in terms of actual market mechanics is the comparative total volumes during the period that would still have been executed if forced to execute at the end of period price. Assuming that traders' valuations are fixed through the period in question, and trading occurs on the basis of fundamentals (which I know isn't a good assumption in practice, but the impact of price history upon future price is too complex for this analysis), we have two cases. If price falls, we can assume all buyers who executed above the last price in the period would have happily bought at the last price (saving money), while all sellers who executed below the last price in the period would also be happy to sell for more. The former will be larger than the latter. If the price rises, the reverse is true.\""}
{"text": " \"This is the best tl;dr I could make, [original](https://medium.com/united-green-alliance/the-reality-of-how-the-economy-of-the-third-reich-functioned-is-steeped-in-mystery-and-deception-80c29d28d0d9) reduced by 97%. (I'm a bot) ***** &gt; Outlining the ideas that &amp;quot;Unemployment causes poverty, employment creates prosperity,&amp;quot; and &amp;quot;Capital does not create jobs, rather jobs create capital.&amp;quot; The complete and total elimination of unemployment is central to National Socialist economics, and was especially important to the German National Socialists of the 1920s and 30s, given Germany&amp;#039;s situation.  &gt; In point two, the NSDAP addressed the claim that there would be no markets for these new German goods.  &gt; The concept of resettlement in the East is mentioned again, and it&amp;#039;s goal is to reestablish the lost German agriculture in the East.In conclusion, the economic policies of NSDAP can best be seen as economically pragmatic; not wholly protectionist or pro-free trade, and not wholly pro-free market or pro-central planning.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/70uz3g/the_economics_of_the_nsdap_united_green_alliance/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~212049 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*: **German**^#1 **work**^#2 **Germany**^#3 **economic**^#4 **National**^#5\""}
{"text": " I understand where you are coming from, but you vote with your dollars. As long as you are willing to fork over for shitty service and shitty products, they will keep lowering the bar and keep treating the employees worse. When people stop buying, they either change their tune or go out of business. The financial reality is if you actually want improved working conditions for their employees, you need to have the fortitude to refuse to subsidise substandard behaviors."}
{"text": " You will need to merge CRSP with the Compustat Annual Fundamentals database, since CRSP only contains stock price/return data, whereas Compustat has data on total assets and other accounting variables.   What software are you using? It's usually very easy to filter the data after loading it into your software."}
{"text": " That would be my suggestion (and what I've personally done), but I can't tell you what's right for you.   As an aside, you don't usually need to manually fund an IRA (traditional *or* Roth) to open it for a rollover - Just tell them you're doing a rollover, and they'll set you up and tell you where to have the 401k checks sent (and sometimes even arrange it all *for* you)."}
{"text": " \"private investors that don't have the time or expertise for active investment.  This may be known as every private investor. An index fund ensures average returns. The bulk of active trading is done by private institutions with bucketloads of experts studying the markets and AI scraping every bit of data it can get (from the news, stock market, the weather reports, etc...). Because of that, to get above average returns an average percent of the time, singular private investors have to drastically beat the average large team of individuals/software. Now that index ETF are becoming so fashionable, could there be a tipping point at which the market signals that active investors send become so diluted that this \"\"index ETF parasitism\"\" collapses? How would this look like and would it affect only those who invest in index ETF or would it affect the stock market more generally? To make this question perhaps more on-topic: Is the fact (or presumption) that index ETF rely indirectly on active investment decisions by other market participants, as explained above, a known source of concern for personal investment? This is a well-covered topic. Some people think this will be an issue.   Others point out that it is a hard issue to bootstrap. I gravitate to this view. A small active market can support a large number of passive investors. If the number of active investors ever got too low, the gains & likelihood of gains that could be made from being an active investor would rise and generate more active investors. Private investing makes sense in a few cases. One example is ethics. Some people may not want to be invested, even indirectly, in certain companies.\""}
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{"text": " \"Are these people making min wage dying en mass? No? Then they are supported. I don't want to sound crude, but there really isn't a profession on earth where you don't have to rough it out for a few years. Life's tough. The \"\"abundance\"\" of min wage jobs you speak of are either not as abundant as you think relative to the demand or the minimum wage is already too high relative to the demand. Either way my scenario in my previous comment holds true- do things the right way and you will be all set to make more money.   Staff and wage bloating are all a result of garunteed loans given to optimistic, short-sighted youths. Without the steady flow of these kids who can suddenly afford college there would be no bloating.   I agree on the rest, and the answer is accountability. we should start with holding people accountable to the high-interest loan they took out 4 years before they hand any income.\""}
{"text": " \"if it opens below my limit order  What exactly are you trying to achieve here? If your limit order is for 100 and the stock opens \"\"below\"\" your limit order, say 99, then it is obviously going to buy it automatically.  also place a stop loss on the same order  Most brokers allow limit + stop loss order at the same time on same order.  What I conclude from your question is that you're with a broker that is using obscure technology. Get a better broker or maybe, retry phrasing your question correctly.\""}
{"text": " &gt; It wasn't one side changing the contract though.  But it was.  FTA:  &gt; [Argentina] forced most of its creditors to take a lot less money than they had loaned to Argentina in the first place.  You can argue that Elliot's actions after that were predatory, but that doesn't make them illegal nor does it discharge Argentina from its original obligations it agreed to when it borrowed the money in the first place."}
{"text": " &gt; Consider someone like Mitt Romney, whose income in 2010 was $21.7 million. Even if Romney chose to live a much more indulgent lifestyle, he would spend only a fraction of that sum in a typical year to support himself and his wife in their several homes. But take the same amount of money and divide it among 500 people\u2014say, in the form of jobs paying $43,400 apiece\u2014and you\u2019ll find that almost all of the money gets spent.  Romney invests his money in the market right? It's not sitting under the mattress, so isn't his investment another form of consumption and therefore demand?"}
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{"text": " I think so. Where we are, the store-bought diapers are similarly expensive, so we pay something like a 2-4 cent/diaper markup for the honest diapers, including shipping. I found the honest diapers were a lot better at containing blowouts than pampers, and it's a lot easier to tell when a diaper is soaked through. Given a free pack of each, honest diapers and pampers, I'd put the honest diapers on my kid's butt first."}
{"text": " Here's a good rule of thumb. In any situation where you are required to purchase insurance (Auto Liability, Property Mortgage Insurance, etc.) you can safely assume that you aren't the primary beneficiary. You are being required to buy that insurance to protect someone else's investment."}
{"text": " Windows 8 and server 2013 rock, after you revert the ui to be the same as 7.   The managers who thought forcing a touch UI to every platforms including those without touch were seriously deranged.  Don't use office because VI+LaTeX works better for me! Makes MS tons of money."}
{"text": " \"There are two fundamentally different reasons merchants will give cash discounts. One is that they will not have to pay interchange fees on cash (or pay much lower fees on no-reward debit cards).  Gas stations in my home state of NJ already universally offer different cash and credit prices.  Costco will not even take Visa and MasterCard credit cards (debit only) for this reason. The second reason, not often talked about but widely known amongst smaller merchants, is that they can fail to declare the sale (or claim a smaller portion of the sale) to the authorities in order to reduce their tax liability.  Obviously the larger stores will not risk their jobs for this, but smaller owner-operated (\"\"mom and pop\"\") stores often will.  This applies to both reduced sales tax liability and income tax liability.  This used to be more limited per sale (but more widespread overall), since tax authorities would look closely for a mismatch between declared income and spending, but with an ever-larger proportion of customers paying by credit card, merchants can take a bigger chunk of their cash sales off the books without drawing too much suspicion. Both of the above are more applicable to TVs than cars, since (1) car salesmen make substantial money from offering financing and (2) all cars must be registered with the state, so alternative records of sales abound.  Also, car prices tend to be at or near the credit limit of most cards, so it is not as common to pay for them in this way.\""}
{"text": " Moving from the Taxi monopoly to the Uber monopoly... Uber has raised their prices in my city over 10 times in the last year. It's now more economically feasible (even during non-surge times) to call a cab. Hell, the taxi waits have even been less. I don't know. Call me old fashion but I'd rather use a company that is regulated by the state in terms of pricing and safety standards rather than a company that blatantly disregards the law. Fuck, I got into an Uber last week and my driver was an acquaintance from highschool. He is a two time drug/armed felon... and Uber says they do background checks LOL"}
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{"text": " \"Asset = Equity + (Income - Expense) + Liability Everything could be cancelled out in double entry accounting.  By your logic, if the owner contributes capital as asset, Equity is \"\"very similar\"\" to Asset.  You will end up cancelling everything, i.e. 0 = 0.  You do not understate liability by cancelling them with asset.  Say you have $10000 debtors and $10000 creditors. You do not say Net Debtors = $0 on the balance sheet.  You are challenging the fundamental concepts of accounting.  Certain accounts are contra accounts. For example, Accumulated Depreciation is Contra-Asset. Retained Loss and Unrealized Revaluation Loss is Contra-Equity.\""}
{"text": " The limit, if any, would be established by your financial institutions. You would need to contact both your sending and receiving bank to ascertain any limitation they impose on wire transfers. Generally, taxes aren't imposed on transference of funds between accounts you own, but I'm not familiar with tax in Thailand and I could be wrong on that half of the question."}
{"text": " Paying $12,000 in lump sumps annually will mean a difference of about $250 in interest vs. paying $1,000 monthly. If front-load the big payment, that saves ~$250 over paying monthly over the year. If you planned to save that money each month and pay it at the end, then it would cost you ~$250 more in mortgage interest. So that's how much money you would have to make with that saved money to offset the cost. Over the life of the loan the choice between the two equates to less than $5,000. If you pay monthly it's easy to calculate that an extra $1,000/month would reduce the loan to 17 years, 3 months. That would give you a savings of ~$400,000 at the cost of paying $207,000 extra during those 17 years. Many people would suggest that you invest the money instead because the annual growth rates of the stock market are well in excess of your 4.375% mortgage. What you decide is up to you and how conservative your investing strategy is."}
{"text": " I'm extremely suspicious of the assertion that tenure is a good proxy for quality of teaching. I'd like to see some sort of backing to that claim.  Also, I'm not so sure that performance measurement of students is all that difficult--after all, thousands of secondary institutions do it every year and generally do a pretty good job. There are certain basic skills that primary school-aged children need to have, and we have reasonably good metrics to determine if they have them. Gaming the system only occurs with improper alignment of incentives, which is clearly a difficult challenge but not one that I think is insurmountable."}
{"text": " I want to mention I've found 2 options for more powerful tools that can be used to manage asset allocation:  Advantages/Disadvantages: Vanguard Morningstar X-ray I hope this helps others struggling with asset allocation."}
{"text": " This is literally the thought process that caused the 2008 collapse, the only difference being the bonds consisted of sub-prime mortgages. Not saying its a bad idea, honestly you could make a lot of money, but macro-economically its a shit-storm brewing in the distance."}
{"text": " There are lot of options. I personally avoid keeping money in bank accounts and invest in one of the funds. It's just my personal opinion, you can ask your Ulamas"}
{"text": " In addition to these fair points the argument that you can simply not buy from the unethical business breaks down in our current intermingled society. If I don't like Monsanto I can't simply stop buying their seeds (since I'm not a farmer and in lots of cases I'm pretty far removed from that stage of the process) yet their practices effect me in lots of ways and there's nothing I can do about it at the purchase level."}
{"text": " #####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Progress and Poverty**](https://en.wikipedia.org/wiki/Progress%20and%20Poverty): [](#sfw)   ---  &gt;  &gt;___Progress and Poverty: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth: The Remedy___ was written by [Henry George](https://en.wikipedia.org/wiki/Henry_George) in 1879. The book is a [treatise](https://en.wikipedia.org/wiki/Treatise) on the [cyclical](https://en.wikipedia.org/wiki/Business_cycle) nature of an industrial [economy](https://en.wikipedia.org/wiki/Economy) and its remedies.  &gt;====  &gt;[**Image**](https://i.imgur.com/b8JhYJK.jpg) [^(i)](https://commons.wikimedia.org/wiki/File:Henry_George2.jpg) - *Henry George, author of Progress and Poverty.*  ---  ^Interesting: [^Henry ^George](https://en.wikipedia.org/wiki/Henry_George) ^| [^Georgism](https://en.wikipedia.org/wiki/Georgism) ^| [^Climate ^change ^and ^poverty](https://en.wikipedia.org/wiki/Climate_change_and_poverty) ^| [^Business ^cycle](https://en.wikipedia.org/wiki/Business_cycle)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cjg6y18) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cjg6y18)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"text": " Add to this that every argument is incredibly generalized with almost no proof or support. I could think of 10 companies that this article could apply to off the top of my head, one being Apple. That said there are as many companies that fall under these same traits that have remained successful.   Maybe it's just really hip to trash talk Microsoft and Forbes is looking to cash in."}
{"text": " They're not. Literally by definition and existence. Cow milk is designed by nature to grow a baby calf to a four-legged, 800+ lb beast of a creature. A human baby has its own, natural, species-correct source of this kind of sustinence. As an adult human (or any human for that matter) there is no reason to consume what is effectively mass growth hormones and steroids from a species that is not yours.   Would you breast feed off of a cow? Would you let your child? Why not?"}
{"text": " Ah, but that's not how the game is played. There are no free lunches, but there are lunches that are free (or mostly free) to individuals. As someone on the receiving end of a pension, your only objective is to lock in the highest average payout. The cost of that will be borne by shareholders and customers of the business so a higher number is always better right up to the point that the company folds. And... because of the PBGC, there is a discount on the risk of the company being dragged under by its pension costs. Even if the company goes under, the pensioners still probably get *something*. Likewise, it's in a company's best interest to underfund pensions as much as possible. Paying pensions from free cash flow keeps the least dollars tied up in poor investments, leaving the company the most room to manage its assets efficiently. Likewise, corporate bosses also know that they can be aggressive with  pension promises, because they are *allowed* to under-fund those liabilities. It's a taxpayer-backed boondoggle; just because taxpayers aren't paying up-front doesn't mean they aren't the lender of last resort: that's just a political reality. There's no IRABGC waiting to bail *my* ass out if the market crashes."}
{"text": " Their business model was based on annoying your friends with constant ads.  Evertually Facebook is going to see things like Zynga as parasites instead of adding value - people who thrive on Facebook as an advertising platform without paying Facebook for ads, while simultaneously reducing the pleasure of the user experience as any distracting advertisement would.  I get annoyed when my Facebook queue is flooded with details of my friends' gameplay.  I'm Facebook is aware of this.  Being a thorn in the side of the owner of your platform is *not* a good business-model."}
{"text": " 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."}
{"text": " 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."}
{"text": " &gt;$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."}
{"text": " \"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.\""}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " 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."}
{"text": " \"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\"\".\""}
{"text": " \"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\""}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " @ 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)"}
{"text": " 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."}
{"text": " 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!"}
{"text": " 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:"}
{"text": " 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."}
{"text": " \"&gt;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.  &gt;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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{"text": " 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."}
{"text": " 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."}
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{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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. :)"}
{"text": " 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?"}
{"text": " 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."}
{"text": " 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."}
{"text": " \"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.\""}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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"}
{"text": " \"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.)\""}
{"text": " 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."}
{"text": " \"&gt;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.)\""}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " 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."}
{"text": " \"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.\""}
{"text": " \"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:  &gt;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&amp;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.\""}
{"text": " 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"}
{"text": " \"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) ***** &gt; 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.  &gt; Importantly, these laws were based on the belief that concentrations of economic power inevitably would lead to concentrations in political power.  &gt; Chicago economists would argue-with little backing in either theory or evidence-that one shouldn&amp;#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\""}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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"}
{"text": " 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."}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " 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."}
{"text": " &gt;(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."}
{"text": " The cost of an extra 30 days is $1459.80"}
{"text": " 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."}
{"text": " 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."}
{"text": " \"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\u2019s written advice. IRM 20.1.1.3.2.2.5 -   Erroneous Advice or Reliance.   Treas. Reg. 1.6664\u20134(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.\""}
{"text": " 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."}
{"text": " Parker &amp; Rawling Consultancy is a well known name in Far East countries providing Commercial and contractual advice Services in UAE mainly in construction industry.Parker &amp; Rawling Consultancy provides Financial claims preparation Services in UAE,Financial analysis and planning Services in UAE.Parker &amp; Rawling Consultancy are specialists in Preparation of claims Services in UAE, Kuwait, and Qatar for constructions projects. Visit www.parkerrawling.ae."}
{"text": " &gt;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."}
{"text": " \"&gt; 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.  &gt; 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.\""}
{"text": " 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"}
{"text": " 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."}
{"text": " 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."}
{"text": " 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&amp;sectionName=SEC_TRADING_TOOLS&amp;title=CBOE%20-%20IVolatility%20Services  ... that being said -- I (like everyone and their sister) think we break 100 and move hard to 104-105."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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..."}
{"text": " 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."}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " 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."}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " \"&gt; 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\""}
{"text": " \"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.\""}
{"text": " 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"}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " Synthetic vacuum pump oil can prove to be highly effective in enhancing the life span and efficiency of the vacuum pumps. It\u2019s 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " 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]"}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " 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..."}
{"text": " 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"}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " 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.  &gt;**[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)**"}
{"text": " 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:"}
{"text": " 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."}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " \"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\"\".\""}
{"text": " "}
{"text": " 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."}
{"text": " 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."}
{"text": " 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."}
{"text": " \"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.\""}
{"text": " ##National Housing Act of 1934 The National Housing Act of 1934, Pub.L. 84\u2013345, 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&amp;message=Excludeme&amp;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"}
{"text": " 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.)"}
{"text": " \u201cFrom 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,\u201d 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."}
{"text": " 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/"}
{"text": " 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."}
{"text": " 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)."}
{"text": " 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?"}
{"text": " \"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.\""}
{"text": " 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."}
{"text": " 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"}
{"text": " 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."}
{"text": " \"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) ***** &gt; 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.  &gt; &amp;quot;The opioid crisis and depressed labor-force participation are now intertwined in many parts of the U.S.,&amp;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.  &gt; Krueger&amp;#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\""}
{"text": " \"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!\""}
{"text": " 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"}
{"text": " 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."}
{"text": " 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\u2019s time to consider deep-tissue massage in Denver for pain relief."}
{"text": " 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."}
{"text": " 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."}
{"text": " *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."}
{"text": " 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."}
{"text": " \"It isn't an edge janitor.  As a whole, BART employees vastly better compensated than private industry.    http://blog.vctr.me/bart/  It's noble that you desire a \"\"fair wage\"\" for every worker but that's not how this works.  The role of the business is to earn profit and return money to the shareholder.  There is no corporate doctrine advocating that compensation must be equal or somehow divided.  The janitor doesn't need $100k/year -- he needs affordable housing.  But efforts like that are stymied by public unions sucking up undue compensation that would have been better invested in a public-private trust for affordable housing construction.  Even Zuckerberg, arguably the biggest liberal in town doesn't implement your \"\"fair wage\"\" system -- why?  Because he runs a private corporation and has to answer to share holders.  Watch a companies profits plunge and hard decisions be made -- if it's a bonus for your in-demand finance or engineers or a $100k salary for the janitor I think you know what will take precedence.  Companies make these decisions every day.    Back to the root issue.  My argument is that public transportation by rail can be a real money loser, even in a dense urban setting like SF Bay.  The only way to fix BART is to starve the beast but bay area voters see the system through rose-tinted glasses and fail to do.  Counties should privatize the system, disband the public union and cut labor costs by 50% so that taxpayer subsides aren't required to maintain a system that takes in $6B over 10 a ten year timespan.\""}
{"text": " \"There are several areas of passive fraud by being unclear on what you are doing.  When a citizen buys a house, the mortgage lender wants all the details as to how the buyer rounded up the money.  That is so they can use their own formulas to assess the buyer's creditworthiness and the probability that the buyer will be able to keep up on payments, taxes and maintenance; or have they overextended themselves. The fraud is in the withholding of that info. By way of tricking them into making a favorable decision, when they might not have if they'd had all the facts.  Then there's making this sound all lovey-dovey, good intentions, no strings attached, no expectations. You're lying to yourself.  What you've actually done is put money between yourselves, because you have not laid down FAIR rules to cover every possibility.  You're not willing to plan for failure because you don't want to admit failure is possible, which is vain.  Once you leap into this bell jar, the uncertainty of \"\"what happens if...\"\" will intrude itself into everyone's thoughts, slowly corroding your relationship.  It's a recipe for disaster.  That uncertainty puts her in a very uncomfortable position.  She has to labor to make sure the issue doesn't explode, so she's tiptoeing around you to avoid fights.  Every fight, she'll wonder if you'll play the breakup card and threaten to demand the money back.  The money will literally come between you. This is what money does.  Thinking otherwise is a young person's mistake of inexperience.  Don't take my word on it, contact Suze Orman and see what she says. Your lender is also not going to like those poorly defined lovers' promises, because they've seen it all before, and don't want to yet again foreclose on a house that fighting lovers trashed.  (it's like, superhero battles are awesome unless you own the building they trashed.)  This thing can still be done, but to remove this fraud of wishful thinking, you need to scrupulously plan for every possibility, agree to outcomes that are fair and achievable, put it in writing and share it with a neutral third party.  You haven't done it, because it seems like it would be awkward as hell - and it will be! - Or it will test your relationship by forcing direct honesty about a bunch of things you haven't talked about or are afraid to - and it will! - And to be blunt, your relationship may not be able to survive that much honesty.  But if it does, you'll be in much better shape.   The other passive fraud is taxes.  By not defining the characteristics of the payment, you fog up the question of how your contribution will be taxed (if it will be taxed). A proper contract with each other will settle that.  (there's an argument to be made for involving a tax advisor in the design of that contract, so that you can work things to your advantage.)  As an example, defining the payment as \"\"rent\"\" is about the worst you could do, as you will not be able to deduct any home expenses, she will need to pay income tax on the rent, but she can cannot take landlord's tax deductions on anything but the fraction of the house which is exclusively in your control; i.e. none.\""}
{"text": " To piggy back mbhunter's answer, the broker is going to find a way to make the amount of money they want, and either the employee or the company will foot that bill. But additionally, most small businesses want to compete and the market and offer benefits in the US.  So they shop around, and maybe the boss doesn't have the best knowledge about effective investing, so they end up taking the offering from the broker who sells it the best. Give you company credit for offering something, but know they are as affected by a good salesperson as anybody else.  Being a good sales person doesn't mean you are selling a good product."}
{"text": " If you want enjoy high speed travelling from home to office or you loved on a thrilling long drive every day, then the performance spoiler parts must for you. At Moshammer, you can find durable as well as affordable spoilers and performance parts specially crafted for your car."}
{"text": " The problem is, increased productivity is what's eliminating jobs, a lot of jobs. And its not going to be something governments can change. (What they can change is preventing their existing jobs from going elsewhere by not giving companies tax breaks to do so. And they need to stop the promotion of privatization and offshoring and outsourcing via FTAs like GATS and TISA!)  If you take the long view, its pretty much a good thing for society for people to be freed to move beyond many of these jobs that as our technology improves, are highly amenable to automation.  People should be able to get the kind of educations they need to do them, for free, as part of the public education we give people, (and should continue to give people, despite these changes!) so we can all remain relevant and employed in the 21st century.   We need to really take advantage of those years during which time the brain is growing so rapidly.  Basically, we need to make 12 years do the work of 18 years now. Meaning that people when they graduate their basic education (K-12) should be able to function at a MA or MS level. Thats what we need to do to stop this permanent loss of employment.   Because people with less than a masters degree are losing their jobs now. That should be the new normal."}
{"text": " One strategy to consider is a well-diversified index fund of equities. These have historically averaged 7-8% real growth. So withdrawing 3% or 4% yearly under that growth should allow you to withdraw 30+ years with little risk of drawing down all your capital. As a bonus you're savings target would come down from $10 million to $2.5 million to a little under $3.5 million."}
{"text": " Right, so once again, engineering problem -- Pension funds could be treated differently, and pension fund experts could be consulted as to how to design the taxation system such that pension fund recipients aren't able to cheat the idle tax laws if their expected benefit/share of the fund is larger than certain cutoff values."}
{"text": " How did you achieve a job in IR? I work in FP&amp;A and IR seems way more interesting. The one IR analyst we have always has the coolest models and it seems like a fun/interesting career. There just aren't too many IR ugrads it seems."}
{"text": " You'd have to buy that information. Quoting from this page, Commercial Historical Data Higher resolution and more complete datasets are generally not available for free. Below is a list of vendors which have passed our quality screening (in total, we screened over a dozen vendors). To qualify, the vendor must aggregate data from all US national/regional exchanges as only complete datasets are suitable for research use. The last point is especially important as there are many vendors who just get data from a couple sources and is missing important information such as dark pool trades. They offer some alternatives for free data: Daily Resolution Data 1) Yahoo! Finance\u2013 Daily resolution data, with split/dividend adjustments can be downloaded from here. The download procedure can be automated using this tool. Note, Yahoo quite frequently has errors in its database and does not contain data for delisted symbols. 2) QuantQuote Free Data\u2013 QuantQuote offers free daily resolution data for the S&P500 at this web page under the Free Data tab. The data accounts for symbol changes, splits, and dividends, and is largely free of the errors found in the Yahoo data. Note, only 500 symbols are available unlike Yahoo which provides all listed symbols. And they list recommendations about who to buy the data from."}
{"text": " \"When lending through Kiva you are not making a \"\"charitable contribution\"\" it's a loan so you cannot deduct the amount you loaned out.  If you do lose money from your loan you can write off your entire loss same as you would with any other investment. However you should be careful because in the event of a tax audit you need to have the proper documentation in order to prove that loss (I don't know what Kiva provides). So to answer your question, no you would not be liable for any taxes from a Kiva loan.\""}
{"text": " The government is by the boomers for the boomers.  They're in senior management.  Gen X is middle management.  And Gen Y is just starting out.  The boomer generation is going to do what it thinks benefits the boomer generation.  If it means re-inflating housing market so boomers can unload or reverse-mortgage their house for retirement, so be it."}
{"text": " With only $2000 in the account, I wouldn't worry about investing it.  Instead, I would roll this over into a new HSA account with a different provider.  Find a provider that doesn't charge ongoing fees, perhaps with a local credit union or bank.  Although you won't be able to add money to it, you can withdraw as you have eligible medical expenses, until it is gone."}
{"text": " \"Yes! What you are describing is an \"\"off-exchange\"\" trade and can be done using stock certificates. Here, you will privately negotiate with the seller on a price and delivery details. That is the old-school way to do it. Many companies (about 20% of the S&P 500) will not issue paper certificates and you may run a hefty printing fee up to $500 (source: Wikipedia, above). Other other type of private-party transactions include a deal negotiated between two parties and settled immediately or based on a future event. For example, Warren Buffet created a deal with Goldman Sachs where Warren would have the choice to purchase GS shares in the future at a certain price. This was to be settled with actual shares (rather than cash-settled). Ignoring that he later canceled this agreement, if it were to go through the transaction would still have been handled by a broker transferring the shares. You can purchase directly from a company using a direct stock purchase plan (SPP). Just pick up the phone, ask for their investor relations and then ask if they offer this option. If not, they will be glad for your interest and look into setting it up for you.\""}
{"text": " While this trade show was held a few months back in May of 2015 in Baltimore, Maryland, engineers from various aircraft manufacturers paid us a visit to get samples of our MicroGrid\u00ae thin expanded metal foils for upcoming programs that they are working on. For more information email us at sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website www.dexmet.com."}
{"text": " My own simple answer is that it will affect and reduce productivity (e.g. Zimbabwe). it will also cause inflation which mean that no one will want to work for production again."}
{"text": " People buy stocks with the intention of making money.  They either expect the price to continue to rise or that they will get dividends and the price will not drop (enough) to wipe out their dividend earnings."}
{"text": " Loan Provider Company in India  http://tirupatiinvestservices.com/ We are best Loan Provider Company with flexible plans of returning payments. We give short tenure loans to long-tenure loans. Our Loans are provided for Personal Development, Business Development, Home Development, Mortgage Loan etc. We are among the trusted company in India. We have established our office in Gujarat, Maharashtra and West Bengal. We have been serving in this industry from last 25 years and we are reputed company in the finance sector."}
{"text": " What to do when institutions stop lending you money, or lend at high rates? Live within your means! Your friend has shown financial behavior that indicates he's a bad credit risk. If he cleans up his act, banks will lend to him at reasonable rates again.  Not a whole lot he can do except build his credit again.  He didn't lose it overnight, and he won't get it back overnight either."}
{"text": " The money you will be bringing to the US will be classified as your own money, and will not be taxable. The proceeds from the sale are taxable to you, probably as capital gains. The fact that you kept the proceeds out of the US is irrelevant for that purpose (it is relevant for FBAR/FATCA etc). Since you had no basis in the property, all the proceeds are taxable to you at the time of the sale and should be reported on your tax return."}
{"text": " \"This is the best tl;dr I could make, [original](https://qz.com/1017457/there-is-a-point-at-which-it-will-make-economic-sense-to-defect-from-the-electrical-grid/) reduced by 79%. (I'm a bot) ***** &gt; A new study by the consulting firm McKinsey modeled two scenarios: one in which homeowners leave the electrical grid entirely, and one in which they obtain most of their power through solar and battery storage but keep a backup connection to the grid.  &gt; As daily needs for many are supplied instead by solar and batteries, McKinsey predicts the electrical grid will be repurposed as an enormous, sophisticated backup.  &gt; Solar panels and battery prices are dropping fast-lithium-ion batteries have fallen from $1,000 to $230 per kilowatt-hour since 2010-as massive new solar and battery factories come online in China and the US. By 2020, Greentech Media projects, homes and businesses will have more battery storage for energy than utilities themselves.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kchib/there_is_a_point_at_which_it_will_make_economic/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~155595 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*: **grid**^#1 **battery**^#2 **utility**^#3 **solar**^#4 **McKinsey**^#5\""}
{"text": " \"The answer to your first question is true. No tax on withdrawls. Under these circumstances, the withdrawl is \"\"qualified\"\". To your second question, as long as the withdrawl is qualified, it is not taxed, regardless of your additional income. http://www.investopedia.com/articles/retirement/03/030403.asp?lgl=rira-baseline-vertical has a very comprehensive, plain English, description of the IRS rules (as of today, anyway).\""}
{"text": " More likely I miswrote.  Yes, we're talking about capital gains.  But who, outside of the moneyed elite, have enough capital gains to incur substantial taxes?  Many don't and never will despite how hard they work or how productive they are.  Also, doesn't taxing income more than capital gains discourage production?  I always hear how high capital gains tax discourages investment and growth."}
{"text": " If you have the expired check in hand and take it back to the bank that issued it to you, I'd think they could do something for you.  (I'd hope they would, anyway.) But automatically?  I don't think so."}
{"text": " This is a funny comment, because not only are you misinformed, you didn't even read what the guy said.  You're just grumpily shouting at the voices in your head.  Welcome to the modern world, luddite.  The cat is out of the bag and it's never going back.  Too bad, so sad."}
{"text": " The post office has already been replaced with private options. Thats why it is failing and loosing billions a month. You have taken my money and have been trying to justify it this whole thread. Taxes are theft you just don't want to admit it. Taking less is still taking."}
{"text": " I think you can. I went to Mexico for business and the company paid for it, so if you are self employed you should be able to expense it."}
{"text": " Not everyone there is rich so not sure what you are getting at by labeling it as a rich community. Deal, NJ I can see you saying it as rich but not Lakewood. There are plenty of families there who honestly qualify for help from the Government."}
{"text": " It's in your interest to pay down these loans (just like any debt) at an accelerated rate, so long as you prioritize it appropriately and don't jeopardize your financial situation. What are your plans for the $50k? Is it a downpayment on a house? Are you already saving for retirement? At what rate are you saving each year? These are all important questions. There is nothing wrong with using some of the $50k to make a dent in your loans, but overpaying a debt at 6% should not be your first priority. Save for retirement, pay off credit cards, make sure you have an emergency fund of between 6-12 months living expenses (depending on your comfort level as well as how stable you think your job is, and how much you could downsize if need be). Then, tackle extra loan payments. Unfortunately 6% is about what you would expect to get in the market these days, so you can't necessarily make more money investing your remaining cash on hand as compared to putting it towards your loans. And you could always make less. Personally, I would divide the $50k as follows. Insert your own numbers/circumstances :) Of the ~$30k that remains..."}
{"text": " Well, if you worked in the United States you have social security, and medicare and medicaid in most cases as well.  So you have a small amount of income to spend every month to cover your most basic living expenses, as well as your basic medical expenses.  At least, that's the idea. In reality, it probably isn't anywhere near enough money for most to live comfortably.  Also, there is a real fear that the US will have to inflate itself out of its debt to some extent in the future.  This theory implies that the money retired individuals have saved or are receiving down the road could buy significantly less in the future than they expect. If you have the ability to put money away into an IRA or 401K early in your life, it will be greatly beneficial to do so.  However, that is another issue I won't begin to discuss fully here. Edit since your question was restated after I typed my initial response, the final answer is:  You will receive some assistance from Social Security, Medicare, and Medicaid.  You will most likely need to either continue working, draw on savings such as an IRA or 401k, or will need assistance from others.  If none of those are options, you would most likely end up living in poverty or worse."}
{"text": " The obvious ones are retail sales and the service industry, you know McDonald's and Starbucks (sigh).  You simply need people where the transaction takes place.  I would like to say actual doctors (as opposed to X-ray technicians etc) but some diagnosis is being done over the net these days so even doctors will face some pressure though probably not too much.  They say software project management will survive but I'm seeing that gradually move overseas - that or US project managers end up managing such a huge number of overseas projects at once that the job is crazy stressful.  The only high-paying jobs I can think of that should be pretty safe from outsourcing are marketing and advertising.  You need to know the local culture pretty well to do that job well.  However, the pendulum's bound to swing back a fair bit.  I've worked at several places that were pretty hard core with outsourcing.  One of the biggest outsourcing cheerleaders said that it would stop being worth it when the wage ratio got to 5-to-1.  When it hit 5-to-1, he changed to 4-to-1.  When that was hit, they found a cheaper country.  But eventually, the travel, inherent inefficiency and frequent quality issues will force jobs back onshore.  It will likely be 5-10 years til we really see things turn around much.  A lot of the delay won't be that it's still a bit cheaper overseas than at home but rather that US companies love holding outsourcing over the heads of their workers to keep wages lower and keep us working all that free overtime."}
{"text": " Because it's the longest running bull market in history. And the recent surge is based on speculation that taxes will be lowered and regulations will be lifted. I don't think either will happen. The republican agenda is basically done until 2018. They've wasted all their political capital on the healthcare debacle and the Russia investigation."}
{"text": " \"It really depends a lot on you and how much time you are putting into it. Since you're saying you want your money to work for you I'm going to assume you want as little hassle as possible. A few general tips: Save a fixed percentage of your monthly income Don't try to save \"\"whenever you have money left over\"\", you will just end up spending it somehow. Invest long term - don't trade Don't try to beat the market - it will just take up too much time and statistically you will end up making less. Hedge If you invest in the company/industry you work in, you will be double screwed if the sector drops (lose job + savings at the same time). Optimally you should invest in something that will benefit when the company you work for is doing bad. Pay off high interest debt Usually debt will have a higher interest than any safe investment you can make. Spend money to save/make money Sometimes the best investment you can make is on stuff that will save you money in the long run. Like buy an apartment close to work (less transport costs) or get a more expensive car that will save you money on gas, insurance etc.\""}
{"text": " For various reasons, real estate prices exhibit far more memory than stock prices.  The primary reason for this is that real estate is much less liquid.  Transaction costs for stock trading are on the order of 10 basis points (0.1%), whereas a real estate transaction will typically have total costs (including title, lawyers, brokers, engineers, etc.) of around 5% of the amount of the transaction.  A stock transaction can be executed in milliseconds, whereas real estate transactions typically take months.  Thus today's behavior is a much better indicator of future price behavior for real estate than for stocks."}
{"text": " It is pretty easy to setup a spreadsheet for calculating interest payments and remaining balance.  Do a quick search online.  You may want to put it in something like Google Docs, where brother can view the status, but only you can edit it.  When you get a payment, a portion goes to interest and another to principle.  The formulas will do the work for you. However, I feel that there is a bigger issue.  The math may seem like a good deal for the both of you, but I would be very hesitant to loan a family member money. What if he does not pay?  What if he is late with a payment and goes on a vacation himself?  What if his significant other resents the payment that you collect which precludes her from  buying a new TV, etc... People come to hate/resent big corporations that they have to make payments.  How much more so one that has a face....that comes over and eats?  While this loan is outstanding holidays may never be the same.   Is the loan a real need?  Are you in a position to give them the money?  You may want to consider the latter. Is there a reason he can't just borrow the money from the bank?"}
{"text": " Since your child is 2, he has a long time horizon for investment.  Assuming the savings will be used at age 19, that's 17 years.  So, I think your best bet is to invest primarily in equities (i.e. stock-based funds) and inside an RESP. Why equities?  Historically, equities have outperformed debt and cash over longer time periods.  But, equities can be volatile in the short term. So, do purchase some fixed-income investments (e.g. 30% government bonds and money market funds), and do also spread your equity money around as well -- e.g. buy some international funds in addition to Canadian funds.  Rebalance every year, and as your child gets closer to university age, start shifting some assets out of equities and into fixed-income, to reduce risk.  You don't want the portfolio torpedoed by an economic crisis the year before the money is required! Next, why inside an RESP? Finally... what if your kid doesn't attend post-secondary education?  First, you should probably get a Family RESP, not a Group RESP.  Group RESPs have strict rules and may forfeit contributions if your kid doesn't attend.  Have a look at Choosing the Right RESP and Canadian Capitalist's post The Pros and Cons of Group RESP Plans. In a Family plan, if none of your kids end up attending post-secondary education, then you forfeit the government match money -- the feds get it back through a 20% surtax on withdrawals.  But,  you'll have the option of rolling over remaining funds into your RRSP, if you have room."}
{"text": " Are you out of your mind?  Federal spending has doubled since *2000*.  WWII might be the only time our government was ever bigger (and incidentally, slashing that by 75% directly preceded one of the greatest growth periods in our history).  Seriously, can you name me three programs or departments that have smaller budgets, in real dollars, in 2012 than they did in 2008?"}
{"text": " \"That depends, really. Generally speaking, though - Roth IRAs are THE PLACE for Stock-Market/Mutual-Fund investing. All the off the wall (or, not so off the wall) things like Real Estate investments, or buying up gold, or whatever other ideas you hear from people - they may be good or bad or whatnot. But your Roth IRA is maybe not the best place for that sort of thing.  The whole philosophy behind IRAs is to deliberately set aside money for the future. Anything reasonable will work for this. Explore interesting investment ideas with today's money, not tomorrow's money. That being said - at your age I would go for the riskier options within what's available.  If I were in your situation (and I have been, recently), I would lean toward low-fee mutual funds classified as \"\"Growth\"\" funds.  My own personal opinion (THIS IS NOT ADVICE) is that Small Cap International funds are the place to be for young folks. That's a generalized opinion based on my feel for the world, but I don't think I'm personally competent to start making specific stock picks. So, mutual funds makes sense to me in that I can select the fund that generally aligns with my sense of things, and assume that their managers will make reasonably sound decisions within that framework. Of course that assumption has to be backed up with reputation of the specific MF company and the comparative performance of the fund relative to other funds in the same sector. As to the generalized question (how else can you work toward financial stability and independence), outside of your Roth IRA: find ways to boost your earning potential over time, and buy a house before the next bubble (within the next 18 months, I'm GUESSING).\""}
{"text": " The increase of currency value in relation to another is a critical determinant of the economic health. It plays an important part in the level of trade and affects the world\u2019s free market economy. But, they also effect on smaller scale as they create an impact on the portfolio of investors. So, it is suggested that the investors should make their trades wisely keeping in mind the value of other currencies that might your trade. Also, you should check the news daily to get regular updates and be well-informed of any changes happening in the market"}
{"text": " \"I think this is more a symptom of the complexity and difficulty associated with buying a smartphone; unless you're technically inclined, the long lists of specs and features for each model are difficult to compare, turning buying a smartphone into \"\"I know the iPhone and galaxy s3 are good, so I'll just get one of those rather than doing hours of research on what's really best for me\"\".\""}
{"text": " Russia has become more risky as an investment, thus investors, basically the market, wants to be paid more for investing in or owning those bonds. As yields go up, prices go down. So right now you can buy a low priced Russian bond with a high yield because the market views the risk involved as higher than risks involved in other similar securities."}
{"text": " Well, this covers about 6 trillion.  Monetary base wasn't defined in the table and I was too lazy to drill down.  I'm guessing it is M2.  Annnnnnd if you think about it a lot of the red and blue section went into shoring up bank balance sheets.  Why?  I can't prove it yet but i suspect twas to support the derivatives market and keep it from collapsing."}
{"text": " It is COMPLETELY no use to pay earlier (during a billing cycle) to better your credit score! Your credit score gets affected ONLY once a month from each creditor, and that happens when they post your monthly statement. Thus, no matter what you do or pay and how many times a month or how many days earlier than your due date, it has NO EFFECT WHATSOEVER on your score. Anything you do will be reflected only after the statement. What you pay in between those two statements is irrelevant. So, as far as credit score goes IT DOESN'T MATTER. However, if you want to save on interest being charged, it is wise to pay as early as possible, so your balance is as low as possible for day-by-day calculation of your interest."}
{"text": " \"&gt;Except it's not going to be \"\"Whole Foods\"\" as you know it. In the article it says how Amazon is planning to get rid of all the expensive whole food inventory and replace it with cheap foods with mass appeal. Their goal to to compete with Walmart.   LOL, I bet all those Whole Paycheck shoppers are pissed that they won't be able to use this store as a status symbol anymore.\""}
{"text": " \"It seems that I recently saw someone post on twitter that Microsoft is making an unsupported \"\"Sunset\"\" edition of Money available.  If you're hooked on Money, you might want to investigate that.\""}
{"text": " Welcome to Carrental.com, we offer cheapest car rental Nepal, corporate travel, rent a car,  van,   minibus,  land cruiser,  hiace,  shuttle bus, coaster,  airport transfer,  helicopter tours in Nepal to our customers for giving them the best of comforts along with hotel reservations, to conclude an overall happy travel experience."}
{"text": " \"I'll answer your second question: it depends what your charity is for. There are two types: i) Emergency (i.e. to respond to environmental or social disasters where it acts a bit like an insurance policy); ii) Development (i.e. where the intention is to subsidise something missing in the local economy); A lack of insurance is certainly a problem for people who lose their homes and livelihoods to disaster.  Your donations can go far. As for development aid: \"\"We find little evidence of a robust positive correlation between aid and growth,\"\" write two ex-IMF economists, Raghuram Rajan, who stepped down as IMF chief economist at the end of 2006, and Arvind Subramanian, who left the IMF this year. \"\"One of the most enduring and important questions in economics is whether foreign aid helps countries grow ... There is a moral imperative to this question: it is a travesty for so many countries to remain poor if a relatively small transfer of resources from rich countries could set them on the path to growth ... But if there is no clear evidence that aid boosts growth, then handing out more money makes little sense,\"\" they conclude. I do somewhat further in declaring that charity is equivalent to trade dumping.  By artificially lowering the real cost of a particular good it ensures that there will be no local investment in that good.  Free clothes to Africa has destroyed the local textiles industry.  Free doctors has resulted in more African doctors in New York than in the whole of Africa. So decide where your charity is going: emergencies or development?  Then decide what you can afford.  But your first investment should always be in yourself.  If by making use of that investment you can benefit the economy and keep others around you employed and productive you will achieve far more.\""}
{"text": " Many services charge prices that do not scale linearly with usage.  This is because the service provider has fixed costs that they must recoup by charging a rate with a fixed component.  A 5-mile taxi ride is unlikely to cost half what a 10-mile taxi ride costs.  Even a half sandwich at a sandwich place usually costs more than half of what a full sandwich costs.  In this respect, insurance is no different from many other items you may purchase."}
{"text": " Up until now I was looking at general European market and then dividing it up by sectors, but a country-specific distribution would also be a possibility, but I am afraid that the amount of work required to divide things up that much might be too much. Then again, it honestly might not. It could very well be that I'll come across this information during my research and if that's the case, it would certainly be worth incorporating into my paper.   My intention is to take pieces of my thesis and turn them into separate specials for my employer to publish if my employer allows me to work on my thesis at work over the summer. We'll see. Hoping to be done by the end of September, so we'll see. I'll certainly be sure to keep the subreddit posted. My thesis will also certainly make it over to my [Scribd](http://www.scribd.com/dwietstruk)."}
{"text": " Security Analysis(very difficult for beginners )& Intelligent Investor by Benjamin Graham. All about(book series by McGraw) on Stocks,Derivatives,Options,Futures,Market Timings. Reminiscence of a Stock Operator (Life of jesse Livermore). Memoirs , Popular Delusions and Madness of the Crowds by Charles Mackay. Basics of Technical analysis includig Trading Strategies via Youtube videos & Google. Also opt for Seeking alpha free version to learn about portfolio allocation under current scenario there will be few articles as it will ask for premium version if you love it then opt for it. But still these books will do."}
{"text": " \"There's a reason that you get a discount code: to make you feel like you're getting a deal. A deal is what you get when there was something that you were already going to buy, and you got it for a lower price than you were going to originally spend on it. If you learn to look at \"\"rewards\"\" as a marketing ploy that is designed only to get your business, then it's easier to ignore them. But if you really do want a thing, and is is a thing that you are going to use, then by all means, go for it! Buy it, and use those rewards and enjoy them. Otherwise you're just giving your money to someone else for no good reason. And if you want to do that, you should just give it to me. At least I'm honest about it :)\""}
{"text": " He said he would need my first and last name and my online banking information not my date of birth, SSN, Address, Bank Address, Routing number, or checking account number This is a scam. No one needs online Banking User name and password. If you have already given this info, close your account and disable internet banking.  not my date of birth, SSN, Address, Giving your date of birth and SSN is also dangerous.  So my question for you is it a scam or could he really be wanting to put money into my account? Oh yeah and also he said they'll send it through my account I'll send half BACK through money gram or western union. There is no legit reason for doing this. This is 100% scam, one would only loose money. Just walk away before any damage can be done"}
{"text": " I highly recommend passive investing through something like betterment (www.betterment.com) or vanguard's ETFs.  FutureAdvisor.com can provide some good advice as to what funds to invest in. I'd recommend using that money to max out your Roth IRAs each year, too."}
{"text": " \"&gt; There aren't only two factors at play here.  Absolutely. There are many factors that go into success.  &gt; His genius has been rivaled very few times over the past 250+ years.  The thing about art is that older is better. For example, who has rivaled shakespeare? Or even better homer? It's unfair to blame modern people for not being columbus because you can't \"\"rediscover\"\" america.  The point is that there are just as equally talented people at every generation, but a lot of external factors must come into play for one to become bach, shakespeare, etc.  &gt;  Both Bach and such nameless composers put conscious effort into the placements of their notes, so luck is not a factor.   That's nonsense. Luck is always a factor. However, it's not the sole factor.\""}
{"text": " \"The Wikipedia page for Repurchase Agreement has two relevant pointers on this topic:  The legal title for any securities used in a repo actually pass from seller to buyer during the term of the agreement. In basic terms this means that if one sells a bond on repo with a promise to buy it back, then the ownership actually transfers to the buyer for that period of time.  If a coupon is paid during this time period, it can either go to the buyer or the seller. Usually, the coupon payment goes to the initial owner of the security pre-repo (our \"\"seller\"\"). But sometimes the repurchase agreement will specify otherwise. So, again in basic terms, usually the repo seller/initial security owner receives any payments made during the term of the repurchase agreement. (Both points are in the first paragraph of the section \"\"Structure and Terminology\"\".)\""}
{"text": " Companies do both quite often.  They have opposite effects on the share price, but not on the total value to the shareholders.  Doing both causes value to shareholders to rise (ie, any un-bought back shares now own a larger percentage of the company and are worth more) and drops the per-share price (so it is easier to buy a share of the stock).  To some that's irrelevant, but some might want a share of an otherwise-expensive stock without paying $700 for it. As a specific example of this, Apple (APPL) split its stock in 2014 and also continued a significant buyback program: Apple announces $17B repurchase program, Oct 2014 Apple stock splits 7-to-1 in June 2014. This led to their stock in total being worth more, but costing substantially less per share."}
{"text": " Stock values are generally reflective of a company's overall potential; and to some extent investor confidence in the prospect of a continued growth of that potential. Sales over such a short period of time such as a single weekend do not noticeably impact a stock's valuation.  A stock's value has more to do with whether or not they meet market expectations for sales over a certain period of time (generally 1 quarter of a year) than it does that they actually had sales (or profits) on any given day. Of course, catastrophic events, major announcements, or new product releases do sometimes cause significant changes in a stock's value.  For this reason you will often see stocks have significant volatility in periods around earnings announcements, merger rumors, or when anything unexpected happens in the world that might benefit or hurt their potential sales and growth. But overall a normal, average weekend of sales is already built into the price of a stock during normal trading."}
{"text": " If we sealed our home completely, we should only get fresh air inside when we opened a door or window. To replace them with fresh air, exhaust unwanted smells, water vapor and pollution we need ventilation, but we can turn it on and off as we need it, and direct it where it is necessary we also need to control ventilation."}
{"text": " From a mathematical point of view the stats do not change depending on past performance. Just because a fund is lucky one year doesn't mean that it will be unlucky the next. Consider tossing a coin, the chance of heads is 50%. If you have just thrown 3 heads, the chance of heads is still 50%. It doesn't go down.  If you throw 10 heads in a row the chance of a heads is still 50%, in fact you many suspect there is something odd about the coin, if it was an unfair coin then the chance of a heads would be higher than 50%. It could be the fund is better run, but there could be other reasons, including random chance. Some funds will randomly do better and some will randomly do worse What you do know is that if they did better than average other funds have done worse, at least for last year."}
{"text": " There are several factors that can help you make a decision.  How friendly are the laws to tenants as opposed to landlords?  How easy will it be for you to collect rent?  How much management is needed?  Do you desire to own rental properties?  What does your schedule look like? Based upon pure numbers I would keep this property.  It looks like you can earn 3K per year, which you may have done some math wrong, on about a 15,000 per year investment.  About 20%, very good.  Even if you only collect half your profits due to maintenance or missed rent checks the numbers still look really good. If you don't need the extra funds, you can always pay more on the mortgage.  The other thing to consider is the rest of your fiances.  Can you cover a couple of months of missed rent?  Do you have an emergency fund?  Do you have other debts?"}
{"text": " Your federal taxes in US include the tax which Indian government wants back from you under the treaty with US government. Some countries have treaty with US where all the money person earns in US can be reclaimed at the end of the financial year i.e no money goes to the country of citizenship. However, Indian citizens working in US are not liable for 100% reclaim on their federal tax."}
{"text": " From your question, it seems your problem is that you have a company that wants to make a deal, but does not currently have enough money to go through with it. Therefore it needs to raise capital. Assuming that you cannot get a loan from a bank and you do not want to seek funding from other sources, the two owners must provide the funds themselves somehow. Option A: The easiest and fairest way to do this is for the two shareholders to provide 75%, and 25% of the funding as a loan to the company. They will provide this loan knowing it may not be paid back if the company goes under. Note that it would not be fair for one of the shareholders to provide more, as that shareholder would be taking all the risk, while the other still reaps the rewards (although you could add a large interest rate to account for this). Option B: But say one of the shareholders cannot provide additional funds. In that case, the company should issue new shares, and each shareholder can purchase however many of the new shares he/she wants (each shareholder is entitled to purchase at least 75% or 25% respectively, but does not have to). The result of this may be that company ownership percentages have changed after the capital raising. This is more complex as it require valuing the company accurately to be fair, and probably requires reporting to a government (depending on the jurisdiction)."}
{"text": " \"Yes you can. Volvo for example sells \"\"polestar\"\" tunes. Walk into the dealership, plunk down $1600, and your car gains 40 horsepower  from a software tweak. Still maintains the full warranty. Ford sells ford performance tunes the same way. Zero hardware changes. Here is the link http://accessories.volvocars.com/en-az/XC70(08-)/Accessories/Document/VCC-480810/2016\""}
{"text": " Money is a means to an end. If you see it as an end, of course you're not going to be happy, but so long as you utilize it to maintain a stable lifestyle which will allow for you to do things like spend quality time with loved ones, develop skills, and pursue interests (things that actually do tend to bring happiness), money is a good tool to have."}
{"text": " Sales and operating revenue (\u201cSales\u201d) decreased by 6.2% compared to the previous fiscal year (\u201cyear-on-year\u201d) to 7,603.3 billion yen (67,886 million U.S. dollars). This decrease was mainly due to the impact of foreign exchange rates. On a constant currency basis, sales were essentially flat year-on-year, due to significant increases in Game &amp; Network Services (\u201cG&amp;NS\u201d) and Semiconductors segment sales, substantially offset by a significant decrease in Mobile Communications (\u201cMC\u201d) segment sales. For further details about the impact of foreign exchange rates fluctuations on sales and operating income (loss), see Notes on page 11"}
{"text": " While I do legitimately appreciate your sentiment, I think that in consideration of the larger context of evidently widespread corruption, it is fair to be frustrated at certain kinds of madness. There is sometimes a reason for it, and most executives are in fact highly intelligent people. But we can't help but wonder how much ill could be avoided if it weren't for some greedy or careless individuals, as the case may be."}
{"text": " Islamic wedding cards are very popular these days. There are many families that spend lots of money to get the best cards. Many companies have now started their own websites where potential customers can browse the site and pick the cards they want."}
{"text": " How to start is pretty simple.   With your next pay check set aside an amount and open a separate savings account.  Since this is an emergency fund - you want it someplace where you can get to the money quickly (so a CD or mutual fund is not good), but you want it in a separate account so that you don't accidentally use it.    Once the account is opened I'd recommend setting up an automatic transfer, or make it part of the direct deposit if you do that, so that you put in some money regularly (every pay check).  By adding to it regularly and not using it, you'll more quickly achieve your goal.   I'd recommend stopping, or slowing any retirement savings or other investing, until you get the emergency fund in place.  If you have an emergency, the money in the retirement fund isn't going to do you much good as it costs too much to do an early withdrawal.  The whole point of the emergency fund is to have liquidity when you need it so that you don't incur the costs of unplugging your longer term investments. Also don't worry overly much about making money on this money.  This isn't an investment it is there for emergencies."}
{"text": " What you posted didn't disagree though, as far as I could tell. Maybe I'm just tired and I'm missing something.  Until recently, I worked construction. Now I have a part time job while I learn computer programming.  Why do you ask?"}
{"text": " \"You ask a few different, though not unrelated, questions. Everywhere you turn today, you hear   people talk about how much they need   to save or how important it is to find   a good deal on things \"\"in this   economy\"\". They use phrases like \"\"now   more than ever\"\" and \"\"in these   uncertain times\"\". It seems to be a lot   of doom and gloom. Some of this is marketing spiel.  You may notice that when the economy goes south the number of ads for the cheaper alternatives goes north.  (e.g. hair clippers, discount grocery stores, discount just about anything)  Truth is, we should always be looking for ways to save money on goods and services we purchase.  The question is, what is acceptable to you for your desired lifestyle.  (And, is that desired lifestyle reasonable for your income, age and personal situation.)  Generally speaking, the harder times are the more we find discounted/cheaper alternatives acceptable.   Is there really a good reason that   people should be saving more than   spending right now? How much you are putting away is a personal matter.  I can still remember my dad griping whenever he couldn't save half of his paycheck.  That said, putting away half your paycheck may lead to a rather austere lifestyle.  This, of course, depends on the size of your paycheck and your desired lifestyle.  You could be raking it, living simply and potentially put away more than half your income with relative ease. If you have a stable job, and a decent cash reserve, is it anymore \"\"dangerous\"\" to make a large purchase now than it was seven years ago? Who knows?  Honestly, no one.  Predicting the future is a fool's errand.  (If you are interested in reading more on this view point, I suggest The Black Swan.) You mention the correct approach in this question.  Ensure that you have liquid assets (cash or cash equivalents, i.e. money that you can draw on immediately and isn't credit) which covers at least 3-6 months of your necessary expenses (rent/mortgage, bills, car payments, food).  (There is no reason that you couldn't try to increase this to 1 year, especially \"\"in this economy.\"\") You should also strive to have money available for emergencies that don't necessarily include loss of income.  Of course, make sure you're putting away for retirement, as appropriate for your retirement goals.  After that should come discretionary items, including investing, entertainment, the large purchase you mentioned, etc.   You should never use money that you may need immediately (5-10 years) for investing.  This doesn't necessarily include the large purchase you are contemplating.  For example, if you are considering purchasing a home, the down-payment may be one of the items for which you need money in the \"\"immediate\"\" future. Is it really only because of unemployment numbers? This is probably the big one that is the focus of everyone's attention.  That said, the human attention span is limited.  We have a natural need to simplify things.  This is one of the reasons that we tend to focus on a few, hopefully important, things.  However, the unemployment numbers are not that the only thing of concern.  Credit is still pretty hard to come by these days.  The overall economy is still hurting, even if we are technically no longer in a recession.  There are also concerns about U.S. government borrowing, consumer spending, recent trucking numbers, etc.  (It may not be obvious, but trucking is used as a barometer of economic activity.  If there aren't as many trucks carting goods across the country, it probably means that there is less economic activity.)  The headline number these days is unemployment, as most census workers have now been returned to the pool. To answer the overall question, we should always be saving money, in good times or in bad.  Be that by squeezing more value out of our purchases or by putting some money away.  We should always try to reduce our risks, by having an emergency \"\"cash\"\" cushion.  We should always be saving for retirement.  Truth be told, it is probably more important to put money away in good times, before the hardships hit.\""}
{"text": " This creates high levels of efficiency, but is efficiency really what we need?  A robot is very efficient, and increases income, but for who?  When a corporation absorbs another, it does so *with the expectation* that redundant jobs will be shed, and that the income from those jobs will go to the shareholders.  And so one can see where income inequality has it's roots."}
{"text": " This doesn't make any sense. For the people who ask you this, suggest that they borrow the money to invest with you. They can use their bitcoins as collateral for the loan. That way, they get the same benefit and your company doesn't go out of business if the price of bitcoin drops, even temporarily, because the loan becomes unsecured. If they want to try to use a volatile asset as collateral and have to figure out how to cover when the price drops temporarily, great. But why should they put that risk on your other investors who may not be so crazy? Also, this obviously won't meet the investor's concerns anyway. Say the price of bitcoin goes up but you lose 10% of the money you borrowed. Clearly, your investors can't have an interest that worth as much as they would have if they held bitcoin since you lost 10%."}
{"text": " You could take these definitions from MSCI as an example of how to proceed.  They calculate price indices (PR) and total return indices (including dividends).  For performance benchmarks the net total return (NR) indices are usually the most relevant. In your example the gross total return (TR) is 25%. From the MSCI Index Defintions page :- The MSCI Price Indexes measure the price performance of markets   without including dividends. On any given day, the price return of an   index captures the sum of its constituents\u2019 free float-weighted market   capitalization returns. The MSCI Total Return Indexes measure the price performance of markets   with the income from constituent dividend payments. The MSCI Daily   Total Return (DTR) Methodology reinvests an index constituent\u2019s   dividends at the close of trading on the day the security is quoted   ex-dividend (the ex-date). Two variants of MSCI Total Return Indices are calculated: With Gross Dividends: Gross total return indexes reinvest as much as possible of a company\u2019s   dividend distributions. The reinvested amount is equal to the total   dividend amount distributed to persons residing in the country of the   dividend-paying company. Gross total return indexes do not, however,   include any tax credits. With Net Dividends: Net total return indexes reinvest dividends after the deduction of   withholding taxes, using (for international indexes) a tax rate   applicable to non-resident institutional investors who do not benefit   from double taxation treaties."}
{"text": " ...and charge it back to the customer.  So, I'm confused.  Are the fines designed to discourage future transactions or simply there to provide a cost to the client?  I guess the fact that no bankers have gone to jail over this answers that question."}
{"text": " \"Your initial plan (of minimizing your interest rate, and taking advantage of the 401(k) match) makes sense, except I would put the 401(k) money in a very low risk investment (such as a money market fund) while the stock market seems to be in a bear market.  How to decide when the stock market is in a bear market is a separate question. You earn a 100% return immediately on money that receives the company match -- provided that you stay at the company long enough for the company match to \"\"vest\"\".  This immediate 100% return far exceeds the 3.25% return by paying down debt. As long as it makes sense to keep your retirement funds in low-risk, low-return investments, it makes more sense to use your remaining free cash flow to pay down debts than to save extra money in retirement funds. After setting aside the 6% of your income that is eligible for the company match, you should be able to rapidly pay down your debts.  This will make it far easier for you to qualify for a mortgage later on.  Also, if you can pay off your debt in a couple years, you will minimize your risk from the proposed variable rate.  First, there will be fewer chances for the rate to go up.  Second, even if the rate does go up, you will not owe the money very long.\""}
{"text": " &gt;People with demanding, manual labor jobs (probably the only way to get enough calories for that kind of work -- none of them were fat)   Most men can eat 2300-2500 calories in a day with out much exercise, and a Whopper is a whole 660 calories. Most sandwiches at any chain restaurant are more than that. Not one salad at Applebees is less than 1000 calories. People have no idea what their calorie intake is."}
{"text": " Michael Pryor's answer is accurate to the actual question asked. The current accepted answer from Dheer is not entirely true but roughly provides an overview of the different entities involved in a typical transaction, with some wrong terminologies, corrected and improved below.  The issuing bank, the one that issues the credit card to the customer. When it comes to the service fee split, the issuer bank takes on the majority of the cut in the service fee paid by the merchant to the different entities. For example, on a 2.5% overall fee paid by merchant, roughly 1.5% goes to the issuer, 0.3% goes to the card network (visa, master card, etc) and the remaining 0.7% goes to the acquiring bank. Reward programs have a partnership with participating merchants, where merchants are charged a higher service fee, for the likelihood of driving a higher volume of transactions to the merchant. A portion of the rewards also comes from the issuer, who shares a percentage of their fee back to the customer, in exchange for the same likelihood of making more profit through increased volume in total transactions. For example, a reward program may charge merchants 4.5% fee, with 3.5% of it going to the issuer. Upto 3% of this can be given back to the customer for their loyalty in using the card service. The banks can afford to take as little as 0.5% instead of their regular 1.5% due to the increased volume of transactions and the fixed fee they collect as membership fee. Note that costco has a similar business plan, but they make money entirely of membership fee. So with enough clients, banks can theoretically afford to run their program entirely on membership fees, costing no additional service fee to merchants. The service fee depicted above is arbitrary, and it can be lowered if the merchant is also a client of the issuing bank, that is, both the issuing bank and acquiring bank are the same. So it is kind of a win-win-win situation. And as usual, the banks can afford to make a larger income, if the customer ends up paying interest for their credit - although the rewards program is not designed accounting on this."}
{"text": " Although I do not know about US Institutions; In India Banks have adopted a mix of features that mitigate the risk. Some ways that are used are;"}
{"text": " \"Merriam-Webster has the following definitions of the term, \"\"Interest\"\": While 2a may be the definition you know, there are more than a few others here that are worth understanding as there can be various contexts so that it isn't as simple as you may think.\""}
{"text": " Yeah, the more I think of it, the article had a feel of trying to garner sympathy for Swatch for some reason, but why in the hell would they choose to cut off a good revenue stream unless they had a contingecy plan?  Either it's not profitable anymore, or management screwed the pooch.  Possibly both."}
{"text": " Louis Ottimo has always been a controversial character within the securities industry, cited and sanctioned for fraud and misrepresentation, who has had many liens and bankruptcies, and was officially barred for life from the industry by FIRNA in 2017.  He filed personal bankruptcy in 2016 despite being the alleged shadow president of Cold Spring Advisory Group. Just search Louis Ottimo for more information."}
{"text": " \"Lack of empathy forces your business to run at 100% turnover. Respect breeds respect.  The \"\"college kid working for beer money\"\" can suck a dick because he doesn't exist. Someone working for a little extra cash is not who we're talking about. As this Subway is showing, everybody knows it too.  The people doing the heavy lifting are the \"\"part-timers\"\" working 39 hours a week.\""}
{"text": " Suppose that the ETF is currently at a price of $100.  Suppose that the next day it moves up 10% (to a price of $110) and the following day it moves down 5% (to a price of $104.5).  Over these two days the ETF has had a net gain of 4.5% from its original price. The inverse ETF reverses the daily gains/losses of the base ETF.  Suppose for simplicity that the inverse ETF also starts out at a price of $100.  So on the first day it goes down 10% (to $90) and on the second day it goes up 5% (to $94.5).  Thus over the two days the inverse ETF has had a net loss of 5.5%. The specific dollar amounts do not matter here.  The result is that the ETF winds up at 110%*95% = 104.5% of its original price and the inverse ETF is at 90%*105% = 94.5% of its original price.  A similar example is given here. As suggested by your quote, this is due to compounding.  A gain of X% followed by a loss of Y% (compounded on the gain) is not in general the same as a loss of X% followed by a gain of Y% (compounded on the loss).  Or, more simply put, if something loses 10% of its value and then gains 10% of its new value, it will not return to its original value, because the 10% it gained was 10% of its decreased value, so it's not enough to bring it all the way back up.  Likewise if it gains 10% and then loses 10%, it will go slightly below its original value (since it lost 10% of its newly increased value)."}
{"text": " Yes it most cases it is legal. Plus depending on how you look at it, the last payment of 1000 can be principal paid and interest was paid in initial installments."}
{"text": " \"No man, I looked at this from an \"\"I myself was the victim of this supposed injustice\"\" perspective, and never did I feel entitled to more. We were fine with what we had but we wanted more and knew we would have to work very hard to get it. A favorite quote: If it is important to you, you find a way. If not, you find an excuse\""}
{"text": " My bank will let me download credit card transactions directly into a personal finance program, and by assigning categories to stores I can get at least a rough overview of that sidd of things, and then adjust categories/splits when needed. Ditto checks. Most of my spending is covered by those. Doesn't help with cash transactions, though; if I want to capture those accurately I need to save receipts. There are ocr products which claim to help capture those; haven't tried them. Currently, since my spending is fairly stable, I'm mostly leaving those as unknown; that wouldn't work for you."}
{"text": " \"As someone who has a very similar debt amount and environment (new grad, nice new paying job, want a car, etc), I'd like to share something with you. Life has unexpected costs. Luckily I didn't buy that new car the first few months out of college like I had planned to; I'm glad that I didn't because, as a fledgling \"\"adult\"\", despite having lived on my own while in college while working part-to-full time there are some things you just don't realize until it either happens or it happens to someone else. Here are some of those things: I could go on but I won't. $95K is good money and I would definitely recommend spending it a bit to enjoy yourself. But I would honestly tell you that taking your monthly expenses, adding a few hundred on top of that and then multiplying  that sum by 3 would be a smart savings amount before picking up a car loan. Maybe that's an excessive savings but I've seen way too many people burn out over their cost-of-living and their failure to adjust appropriately when shit hits the fan. So instead of having to deal with the stab at your pride when having to lower the cost/quality of living that you'll probably grow accustomed to at a $95K salary, just prepare for the worst.  Oh, and did I mention... A NEW JOB IS NOT A SECURE JOB Consider yourself to likely be the first asset dropped from the company if even the tiniest thing goes wrong. I know way too many people who were fresh hires at Intel, Boeing, and a few other big tech companies that pay around what you make and, despite being bad asses in college, they were dropped like a bad habit when their employers hit rough patches. To those even more experienced than me, please feel free to add to the list. I'd personally love to know them myself.\""}
{"text": " \"I can't speak for Canada but in the US banks and other financial industry firms will lobby the SEC to some extent over proposed regulations. Basically any time the SEC proposes a regulation they have a period where anyone, including financial firms, can comment on it via letters. The purpose here is for the regulators to get different perspectives on the regulation to help them shape rules that go far enough to protect investors but don't go so far as to over burden or harm the industries they're regulating.   Now obviously this can be a problem largely because financial firms of course are always going to be opposed to new extensive regulations but also because more often than not few investors/members of the public actually comment so the SEC gets a LOT more comments from the industry. The SEC frequently treats the volume of comments almost like \"\"votes\"\" so in return the massive volume of industry comments tends to shape their proposed regulations towards being more industry friendly. You can see this in action as a huge majority of revisions to proposed regulation is use to water down the proposed rules.   All in all, industry members lobbying and working with their regulators isn't inherently bad, after all these are the people/firms that know the industry best and so their feedback is valuable and can truly help regulators to make more efficient and effective rules but it certainly can be excessive and will undoubtedly cause bad optics.\""}
{"text": " $15 being how much it costs to drive a car about 10 miles, and does not account for a driver's time.  Hilarious shit, from the biggest payday loan scam the planet has ever seen. Because Uber is nothing but a scam where you work your ass off, to steal money from your future self, and give 25% of it to Uber!  But if you think 6 cents a mile is a decent wage for a cab driver (which is what you can make, if you are lucky), then by all means, please sign up!"}
{"text": " As an F1 student, I have been investing (and occasionally buying and selling within few weeks) for several years, and I have never had problems (of course I report to IRS gains/losses every year at tax time). On the other hand, the officer in charge of foreign students at my school advised me to not run ads on a website and make a profit. So, it seems to me that investing is perfectly legit for a F1 student, as it's not considered a business activity. That's obviously my personal understanding, you may want to speak with an immigration attorney to be on the safe side."}
{"text": " The 10K in savings and money market is equal to about 1.5 months of income for emergency funds. You should add additional funds to this account over the next few years to let that increase to 3 to 6 months of monthly expenses. This money should be kept secure so that it will be there when you need it. Growth is not the primary function for this account. Investment at this stage should be for retirement. This means take advantage of 401K matching if it is available. You will have to determine if Roth or regular makes the  most sense for you. In general the lower your current tax bracket the more sense Roth makes for you. If you want an IRA again decide which type. Also remember that you have until the tax deadline to make a contribution so you can decide to use a refund to fund the IRA. IRAs and 401Ks are just account types with some rules attached. They can be invested in everything from CD's to individual stocks depending on how aggressive you want to be."}
{"text": " Gosh darn it . . . I thought we had already established that all the liquidity went only to the banks and none of it came to the real economy, and all of it is still tied up in funny money exchanges for worthless assets that are still on the Feds books.  Jobs and employment has been fudged, other economic data has also been massaged  . .[latest factory](http://www.reuters.com/article/us-usa-economy-manufacturing/u-s-factory-orders-post-biggest-drop-in-nearly-three-years-idUSKCN1BG1Z5)  Did you expect to pull inflation out of the Donald's ass?  That orange toad is getting ready to default and with N.Korea flinging nukes and China and Russia calling the sanction bluff, and the Fed attempting to unwind QE . . .  What exactly do you think will happen to inflation?"}
{"text": " If you buy foreign currency as an investment, then the gains are ordinary income. The gains are realized when you close the position, and whether you buy something else go back to the original form of investment is of no consequence. In case #1 you have $125 income. In case #2 you have $125 income. In case #3 you have $166 loss. You report all these items on your Schedule D. Make sure to calculate the tax correctly, since the tax is not capital gains tax but rather ordinary income at marginal rates. Changes in foreign exchange between a transaction and the conversion of the proceeds to USD are generally not considered as income (i.e.: You sold a property in Mexico, but since the money took a couple of days to clear, the exchange rate changed and you got $2K more/less than you would based on the exchange rate on the day of the transaction - this is not a taxable income/loss). This is covered by the IRC Sec. 988. There are additional rules for contracts on foreign currency, TTM rules, etc. Better talk to a licensed tax adviser (EA/CPA licensed in your State) for anything other than trivial."}
{"text": " 50 (dollars, Euros?) is a very small amount to invest. The first time I ever bought stock I picked a winner. It went up by about 40% in the first few months. I sold it and lost money. How? I only bought 10 shares at $7.50 each. The profit was less than the two commissions for buying and selling (about $17 a piece). If you are thinking of buying individual stocks, You simply need to save up more money before it will be practical. If you are not trying to beat the market, which is probably not something an amateur like you or I should attempt, then you should consider low cost index funds. I have money in mutual funds, some of which, have as low as a $100 minimum investment. I have moved entirely away from picking stocks. It was a good experience and I could afford to lose the money, but as a long term strategy, it just was not working for me. Note: This is coming from an American. If this somehow does not apply in Europe..."}
{"text": " Peer to peer lending such as Kiva, Lending Club, Funding Circle(small business), SoFi(student loans), Prosper, and various other services provide you with access to the 'basic form' of investing you described in your question.  Other funds: You may find the documentary '97% Owned' fascinating as it provides an overview of the monetary system of England, with parallels to US, showing only 3% of money supply is used in exchange of goods and services, 97% is engaged in some form of speculation.   If speculative activities are of concern, you may need to denounce many forms of currency. Lastly, be careful of taking the term addiction too lightly and deeming something unethical too quickly.  You may be surprised to learn there are many people like yourself working at 'unethical' companies changing them within."}
{"text": " So the Facebook IPO thus far has been a bomb.  People have rightly criticized the company for all sorts of things.  This got me thinking about what people were saying about Google just before its IPO.  So I used Google's wonderful search filter and searched for 'google ipo' and I set the time frame to be the 6 weeks leading up to Google's IPO on August 19, 2004.  Some of the articles are fantastic.  Below are some links to a couple of BusinessWeek articles.  They were really not feeling Google back then.  [Business Week hating on Google](http://www.businessweek.com/technology/content/jul2004/tc20040727_5797_tc024.htm)  [Another BW article](http://www.businessweek.com/magazine/content/04_32/b3895134_mz026.htm)"}
{"text": " The option commissions with IB for trading in the US market are between $0.25 to $0.70 per contract. However if you are looking to trade in Canada, where you are from, their option commission for Canada are $1.50 per contract (as you mention in your question). Note that each contract is for 100 shares, so if you wanted to trade the equivalent of 1000 shares, you would need to trade 10 contracts, so you would have to multiply the above commissions by 10 to get your final costs. (i.e. $2.50 to $7.00 in the US and $15.00 in Canada)."}
{"text": " No matter you want to rent, sell or buy the property, it\u2019s very essential to find a reliable and professional broker who can ease the entire process for you. These are middle-men and are a great link between sellers and buyers of a specific property."}
{"text": " \"I think a the thing with depression and recession is just what he uses  to define those economic statuses. He says at the begining that his thinking on the subject is what he uses and might not be conventional. Interest rates falling to near 0% might be the most common cause of a depression among others and why he chose to talk about it.   &amp;nbsp; For the different methods of depression recovery I beleive he was trying to say that the path to a \"\"beautiful devleraging\"\" requires balance. Certaintly the deflationary tactics have there own merits, and are not solely for the purpose of offsetting the inflationary methods, but a balance of everything is the most crucial factor for an efficient recovery.\""}
{"text": " Well, the revenue of his restaurants in [2015](https://www.forbes.com/sites/abrambrown/2015/06/29/the-chef-that-ate-the-world-how-gordon-ramsay-earned-60-million-last-year/#28883a774e2f) was about $150m.  Restaurants usually have margins in the 5-20% range.  His are high end, so call it 20%.  A 1% increase in costs would be $1.2 million.  So, facing that, it is worth getting together some buyers to see if he can get better prices."}
{"text": " There is no perfect age. Factors that I consider important are, Perfect age for the long term care insurance is after you retire. When you are working, you do have insurance provided by your employer.  It also depends on your assets. If you have assets in excess of $250,000 then you will less likely get any government assistance.  In general, age between 60 and 65 would be perfect for the long term care insurance."}
{"text": " Pretty insightful post. Never thought that it was this simple after all. I had spent a good deal of my time looking for someone to explain this subject clearly and you\u2019re the only one that ever did that. Keep it up."}
{"text": " \"I place a trade, a limit order on a thinly traded stock. I want to buy 1000 shares at $10. The current price is $10.50. Someone places a market order for 500 shares. Another trader has a limit order for $10.10 for 400 shares. His order fills, and I get 100 at my price. I wait another day to see if I get any more shares. This is just an example of how it can work. I can place my order as \"\"all or none\"\" if I wish to avoid this.\""}
{"text": " What?! At that level of military, nearly everything that person does is through email (at least, in the Army, it is). I was enlisted, but for a couple years they put me at division level. Working with a 1-star, 2-star, and half a dozen full birds and sergeant majors, I can tell you every. thing. is done through email. Even though these people are in the same building, they're emailing each other constantly and passing docs back and forth. Maybe Navy admirals don't get much official mail, I don't know. But it definitely wasn't like that in the Army."}
{"text": " A log scaler on income would help visualize the data a little better. The physician is just so out of line with the other wages that it makes every other job seem to pay roughly the same. Or a break in the scale to look at outliers.   Or the data could be perfect and the zoom feature isn't working on mobile.   TLDR: According to this chart I should be a physician."}
{"text": " Citizens of Reddit, why must we care about workers making $9/hr when you own [electronics made by workers in Foxconn earning $1.87/hr](http://www.reuters.com/article/2010/10/01/us-foxconn-idUSTRE6902GD20101001)   Maybe some of you fail to see the point, would you pay more money for your computer, if it meant workers had a wage increase? Would you pay more money for your goods in walmart?  This may seem harsh and some of you may be in denial, but the fact is the american people have spoken with our wallets not our hearts. This post is in /r/business where we know profit margin is the key to successful company"}
{"text": " Ofrecemos los mejores paquetes tur\u00edsticos en La Habana. La Habana es la capital de Cuba y respira una energ\u00eda y vivacidad diferente a cualquier otro lugar de la isla. Este es el lugar para pasear por las calles llenas de bandas de cultura tradicional o tr\u00edos, escuchar los golpes de salsa de voladura de una casa privada cercana lejos en los clubes de salsa y empezar a entender el verdadero estilo de vida cubano. Independientemente de los lugares que planea visitar durante su viaje, no vacaciones en Cuba ser\u00eda una completamente disponible Casa particular en Habana. Cuba tiene dos monedas, una para los turistas y otra para los ciudadanos. Para conseguir una experiencia realmente aut\u00e9ntica en La Habana intenta alojarse en una Casa Particular."}
{"text": " I like that you are hedging ONLY the Roth IRA - more than likely you will not touch that until retirement.  Looking at fees, I noticed Vanguard Target retirement funds are .17% - 0.19% expense ratios, versus 0.04 - 0.14% for their Small/Mid/Large cap stocks."}
{"text": " Comcast it should be noted is following the law.  Government has given them near monopoly status and government failed to support net neutrality.  We should be going after comcast, yes, but also government and its cronyism and interventionism which made this possible."}
{"text": " I get it; money is money and shareholders demand businesses make as much as they possibly can. Great. That doesn't change my opinion that tax inversions are wrong. They deprive the US of valuable income which has been earned through infrastructure, defense, education, etc. It's legal right now so fine but I don't have to patronize businesses which choose to do this. So if the deal closes, as much as I don't eat fast food often, Burger King will lose my future business. Just my choice. And my choice to make the suggestion to others in as many public forums as possible.. &lt;shrug&gt;"}
{"text": " So much bullshit in this article:  &gt;In fact, libertarian writer Charles Murray once estimated that providing all unincarcerated Americans over the age of 21 with a **monthly check for $13,000** ($3,000 of which would fund their healthcare) would not only be sufficient enough to provide for their basic needs and help raise the poorest among them above the poverty line, but would also be less expensive than our current welfare state, which includes agricultural and corporate subsidies.  There are 325 million americans. 73% are over 21, so that leaves 237 million. About 1% of adults are incarcerated, so were left with about 235 million. If you gave each one $13,000 that would cost $3 trillion. Or basically the entire federal budget. But wait, that's a *per month* figure. Per annum, that would cost $36 trillion.  Please quit shit posting this UBI and do your fucking math homework."}
{"text": " Many drug developments are not finding cures for new diseases but finding better drugs/ways to improve existing ones.  That's why you have a ton of anti inflammatory drugs, each with a purpose. Even then, each drug, like dexamethazone can be in development to treat something else. Or even in development on how to improve safety/efficacy.  Funding these are unbelievably expensive. Wages for scientists, contractors, equipment..etc, and cost of failed drugs are immense. Keeping shareholders happy may be essential to keep the fundings coming."}
{"text": " Taking all your assumptions: With Roth, you take $6112 from work, (let's call you tax rate 10%) pay $612 in taxes, and contribute $5500 (the max if you are younger than 50).  This $5500 will grow to $21,283 in 20 years at 7% annual growth ($5500*(1.07^20)), and you will pay no additional taxes on it. With the traditional IRA, you take $6112 from work, pay $612 in taxes, and contribute $5500.  You will receive a tax deduction at tax time of $612 for the contribution.  This money will also grow to $21,283.  This will be taxed at your ordinary income rate (which we're calling 10%), costing you $2123 at the time of withdrawal.  You will have $19,155 left over. EDIT: If you invest your tax savings from every contribution to the Traditional IRA, then the numbers wash out.  Perhaps a pivotal question is whether you believe you will have greater taxable earnings from your investments in retirement than you have in taxable earnings today -- affecting the rate at which you are taxed."}
{"text": " \"Each individual situation merits a fresh approach.  Working in venture capital, I've learned that the weights are always shifting and taking a \"\"one size fits all\"\" approach to business is probably the most foolish thing one can do.\""}
{"text": " &gt; Children from low-income families have only a 1 percent chance of reaching the top 5 percent of the income distribution, versus children of the rich who have about a 22 percent chance.  * Most rich parents have children who become rich people.   * Therefore: Most rich people are the children of rich parents.   Is guilty of the same logical fallacy as:  * Most rapists are males.   * Therefore: Most males are rapists.   You're claiming the data suggest something that it does not. Stats don't lie, but people do."}
{"text": " Im not sure if this still holds true but when i asked my dad the same question years ago he said Aldis pays for everything up front no debt therefore they are able to get a better price since the money is guaranteed"}
{"text": " Consult your local Small Business Administration office - they may have resources that can help you find what you're looking for."}
{"text": " The point of a total return index is that it already has accounted for the capital gains + coupon income. If you want to calculate it yourself you'll have to find the on-the-run 10y bond for each distinct period then string them together to calc your total return. Check XLTP if they have anything"}
{"text": " \"I often say \"\"don't let the tax tail wag the investing dog.\"\" I need to change that phrase a bit to \"\"don't let the tax tail wag the mortgage dog.\"\" Getting a tax deduction on a 4% mortgage basically results (assuming you already itemize) in an effective 3% rate mortgage. The best way to avoid tax is save pretax in a 401(k), IRA, or both.  You are 57, and been through a tough time. You're helping your daughter through college, which is an expense, and admirable kindness to her. But all this means you won't start saving $10K/yr until age 59. The last thing I'd do is buy a bigger home and take on a mortgage. Unless you told me the house you want has an in-law apartment that will bring in a high rent, or can be used to rent rooms and be a money maker, I'd not do this.  No matter how small the mortgage, your property tax bill will go up, and there would be a mortgage to pay. Even a tiny mortgage payment, $400, is nearly half that $10K potential annual savings plan.  Your income is now excellent. Can your wife do anything to get hers to a higher level? In your situation, I'd save every cent I can.\""}
{"text": " I think they're compounding the interest daily. That means you have to look at the number of days between payments to judge how much the interest charge is. From February 3 to March 2 is 28 days (2012 was a leap year). From March 2 to April 3 is 32 days. That's an increase of about 14% in number of days between payments, which accounts reasonably well to the ~$18 difference in interest charge.  Daily compounding also explains the minor fluctuations in the other interest charges. I think if you compute interest/day for each month, you'll find that it is, indeed, decreasing over time."}
{"text": " I'm down to hate Monsanto but the people who actually do are terrible at explaining why. Always such flimsy, easily falsifiable taking points. If you want me to be concerned about Nestle's terrible labor practices and monstrous position on water availability, don't tell me the Quik rabbit is a gay Muslim."}
{"text": " This was excellent.  VCs buy amazing ideas and people all the time for so little.  It was good to see someone who knows what their idea and execution are worth and stick to their guns.  I see small businesses sell for 2x revenue all the time and then flip on IPO for 10-20x earnings after some growth.  When you have a good team and process, let it ride."}
{"text": " Since the vast majority of fund managers/big investors run private entities, it's not possible to track their performance. It's possible to look at what they are holding (that's never real-time information) and emulate their performance."}
{"text": " \"I live where Uber, Sidecar and Lyft are available and have almost regularly used all three services.  Out of all of my experiences, Lyft has been the worse. The drivers I've had are quite creepy. They don't seem to have any regulations of how the drivers should act. I've had a driver start smoking in the car with me. Also, they do not have upfront pricing. They do not give an estimate so it's a surprise when you get the bill. They are also a dollar or two more expensive per mile than Sidecar or Uber.  Sidecar is great for when you need longer rides. Their rates are generally cheaper for long trips. The drivers have rules they need to follow. As a driver for them, it kind of sucks. They are based off of a \"\"donation\"\" that you pay for your ride. So you could have a $20 bill. but only pay $3. And then Sidecar takes 20% of that and then to transfer that to your account is either $0.50 or $1. Unless you drive full time, it doesn't make much sense to drive.  And Uber. Oh how I love them! I had one bad experience riding with them and they called me the next day and gave me a refund and some extra ride credit. They are consistently cheaper than Sidecar or Lyft and much more professional. It's like getting a private town car without breaking the bank. Most of the drivers are former taxi drivers, but they go through training with Uber on how to be courteous and knowledgeable about the city. I cannot rave enough about them! :D  It's shady of Uber to mess with their \"\"competitors\"\" but that doesn't change my opinion about them. I highly doubt that Uber is telling the drivers to do this.\""}
{"text": " I think what actually happens is that at the very high end, people with high SAT scores don't go into Science or Math, not that they fail to graduate (I am pretty sure there is a positive correlation with graduation and SAT scores). If you look at graduation surveys at Harvard, half of the students go into finance and consulting. Tech has increased in the last few years because of increased salaries and increasing popularity of programmers/engineers in popular culture.  Basically, the statistic says nothing about the competence of the student. If you randomly select a Harvard student, you will probably get someone whose specialty will be finance or consulting. Graduation rates at Harvard are higher than the average state or community college. But you are right that this is completely irrelevant anyways because an employer will only look at students who have a degree from the right major(s)."}
{"text": " Now that was a fun fucking Monday . . .   It seems our  Cheeto in Chief has lost his words and been reduced to a soggy sobbing Cheeto and his hands are trembling to much to abuse Twitter  You have to admit it has been quite peaceful not having to hear him blubber mindlessly about shit he has no clue about   The Koreans made him blink and shut up in Panic . . I guess they know he was a draft dodger and would lock up  Well we picked him"}
{"text": " You can report the violation to the payment network (i.e., Mastercard or Visa).  For instance here is a report form for Visa and here is one for MasterCard.  I just found those by googling; there are no doubt other ways of contacting the companies. Needless to say, you shouldn't expect that this will result in an immediate hammer of justice being brought down on the merchant.  Given the presence of large-scale fraud schemes, it's unlikely Visa is going to come after every little corner store owner who charges a naughty 50-cent surcharge.  It is also unlikely that threatening to do this will scare the merchant enough to get them to drop the fee on your individual transaction.  (Many times the cashier will be someone who has no idea how the process actually works, and won't even understand the threat.)  However, this is the real solution in that it allows the payment networks to track these violations, and (at least in theory) they could come after the merchant if they notice a lot of violations."}
{"text": " \"She's also emotionally manipulating you. You'll put her in a bad spot if you quit? Tough shit! She only wants you to stay because she is too lazy to find someone else. Trust me, she does NOT care about your future career goals.  Also, she said she would help you out \"\"if you do well\"\". What does that mean? Has she given you a benchmark for what \"\"well\"\" is? Two months is not very long. Keep looking for something else, and if you find something better, take it. If not, just suck it up and stay there.\""}
{"text": " Why would anyone listen to someone else's advice? Because they believe that the person advising them knows better than they do. It's as simple as that.  The fact that you're doing any research at all - indeed, the fact that you know about a site on the internet where personal finance questions get asked and answered - puts you way ahead of the average member of the population when it comes to pensions.  If you think you know better than the SJP adviser (and I don't mean that aggressively, just as a matter of fact), then by all means do your own thing. But remember about unknown unknowns - you don't know everything the adviser might say, depending on your circumstances and changes to them over time..."}
{"text": " In general, to someone in a similar circumstance I might suggest that the lowest-risk option is to immediately convert your excess currency into the currency you will be spending. Note that 'risk' here refers only to the variance in possible outcomes. By converting to EUR now (assuming you are moving to an EU country using the EUR), you eliminate the chance that the GBP will weaken. But you also eliminate the chance that the GBP will strengthen. Thus, you have reduced the variance in possible outcomes so that you have a 'known' amount of EUR. To put money in a different currency than what you will be using is a form of investing, and it is one that can be considered high risk. Invest in a UK company while you plan on staying in the UK, and you take on the risk of stock ownership only. But invest in a German company while you plan on staying in the UK, you take on the risk of stock ownership + the risk of currency volatility. If you are prepared for this type of risk and understand it, you may want to take on this type of risk - but you really must understand what you're getting into before you do this. For most people, I think it's fair to say that fx investing is more accurately called gambling [See more comments on the risk of fx trading here: https://money.stackexchange.com/a/76482/44232]. However, this risk reduction only truly applies if you are certain that you will be moving to an EUR country. If you invest in EUR but then move to the US, you have not 'solved' your currency volatility problem, you have simply replaced your GBP risk with EUR risk. If you had your plane ticket in hand and nothing could stop you, then you know what your currency needs will be in 2 years. But if you have any doubt, then exchanging currency now may not be reducing your risk at all. What if you exchange for EUR today, and in a year you decide (for all the various reasons that circumstances in life may change) that you will stay in the UK after all. And during that time, what if the GBP strengthened again? You will have taken on risk unnecessarily.  So, if you lack full confidence in your move, you may want to avoid fully trading your GBP today. Perhaps you could put away some amount every month into EUR (if you plan on moving to an EUR country), and leave some/most in GBP. This would not fully eliminate your currency risk if you move, but it would also not fully expose yourself to risk if you end up not moving. Just remember that doing this is not a guarantee that the EUR will strengthen and the GBP will weaken."}
{"text": " Brokerages are supposed to keep your money separate from theirs. So, even if they fail as a company, your money and investments are still there, and can be transferred to another brokerage. It doesn't matter if it's an IRA or taxable account.  Of course, as is the case with MF Global, if illegally take their client's money (i.e., steal), it may be a different story. In such cases, SIPC covers up to $500K, of which $250K can be cash, as JoeTaxpayer said.  You may be interested in the following news item from the SEC. It's about some proposed changes, but to frame the proposal they lay out the way it is now: http://www.sec.gov/news/press/2011/2011-128.htm The most relevant quote:   The Customer Protection Rule (Rule 15c3-3).   This SEC rule requires a   broker-dealer to segregate customer securities and cash from the   firm\u2019s proprietary business activities. If the broker-dealer fails,   these customer assets should be readily available to be returned to   customers."}
{"text": " &gt; Cheaper energy is equivalent to a pay raise  No it isn't.  A pay raise can be distributed as the payee feels fit, cheaper energy only serves one area of expenditure, which as I stated, isn't the major area that somebody who is struggling financially needs help.  We don't need more competitive pricing in products, we need business in America to stop focusing on profits for their shareholders over providing decent wages to their employees.  America is one of the most  (if not the most) competitively priced marketplace in the world.  The average person doesn't give a shit that flowerpots cost $3.40 each instead of $3.60, they care that they have shitty healthcare, cannot afford to buy a house, cannot afford rent, cannot afford decent food, have no job security.    Corporate profits have skyrocketed, the super-rich keep getting richer, bankers make decisions based on their bonuses rather than the sustainability of their decisions.  Cheaper energy isn't going to solve one of those problems.  Corp. profits vs wages:  http://www.zerohedge.com/news/trade-record-corporate-profits-your-miserable-salary"}
{"text": " The thing about this, is that it isn\u2019t one or two big decisions. It\u2019s the thousands of smaller decisions.  It\u2019s the choice not to fund cost saving projects because spending cash looks bad this second. It\u2019s not filling critical individual contributor roles and having too many levels of management.  I can give you plenty of examples that show death by 1000 cuts but I think the best example is this:  Internal projects (in general) need to be completed within the same calendar year. Any money that you do not spend in 2017 will not be there for you in 2018. So there is a mad rush in the beginning of the year to spend money and by September all the cash has been used up. Productivity takes a big hit and a significant amount of effort is spent jockeying for next years funding.   GE is a financial company that makes things. It\u2019s run by accountants not by logic."}
{"text": " Don't forget taxes, Web site (even if it just has your business name, address and phone number its better than not having a site at all) social media for showing off the flower arrangements and getting more business..."}
{"text": " \"There are people (well, companies) who make money doing roughly what you describe, but not exactly. They're called \"\"market makers\"\". Their value for X% is somewhere on the scale of 1% (that is to say: a scale at which almost everything is \"\"volatile\"\"), but they use leverage, shorting and hedging to complicate things to the point where it's nothing like a simple as making a 1% profit every time they trade. Their actions tend to reduce volatility and increase liquidity. The reason you can't do this is that you don't have enough capital to do what market makers do, and you don't receive any advantages that the exchange might offer to official market makers in return for them contracting to always make both buy bids and sell offers (at different prices, hence the \"\"bid-offer spread\"\"). They have to be able to cover large short-term losses on individual stocks, but when the stock doesn't move too much they do make profits from the spread. The reason you can't just buy a lot of volatile stocks \"\"assuming I don't make too many poor choices\"\", is that the reason the stocks are volatile is that nobody knows which ones are the good choices and which ones are the poor choices. So if you buy volatile stocks then you will buy a bunch of losers, so what's your strategy for ensuring there aren't \"\"too many\"\"? Supposing that you're going to hold 10 stocks, with 10% of your money in each, what do you do the first time all 10 of them fall the day after you bought them? Or maybe not all 10, but suppose 75% of your holdings give no impression that they're going to hit your target any time soon. Do you just sit tight and stop trading until one of them hits your X% target (in which case you start to look a little bit more like a long-term investor after all), or are you tempted to change your strategy as the months and years roll by? If you will eventually sell things at a loss to make cash available for new trades, then you cannot assess your strategy \"\"as if\"\" you always make an X% gain, since that isn't true. If you don't ever sell at a loss, then you'll inevitably sometimes have no cash to trade with through picking losers. The big practical question then is when that state of affairs persists, for how long, and whether it's in force when you want to spend the money on something other than investing. So sure, if you used a short-term time machine to know in advance which volatile stocks are the good ones today, then it would be more profitable to day-trade those than it would be to invest for the long term. Investing on the assumption that you'll only pick short-term winners is basically the same as assuming you have that time machine ;-) There are various strategies for analysing the market and trying to find ways to more modestly do what market makers do, which is to take profit from the inherent volatility of the market. The simple strategy you describe isn't complete and cannot be assessed since you don't say how to decide what to buy, but the selling strategy \"\"sell as soon as I've made X% but not otherwise\"\" can certainly be improved. If you're keen you can test a give strategy for yourself using historical share price data (or current share price data: run an imaginary account and see how you're doing in 12 months). When using historical data you have to be realistic about how you'd choose what stocks to buy each day, or else you're just cheating at solitaire. When using current data you have to beware that there might not be a major market slump in the next 12 months, in which case you won't know how your strategy performs under conditions that it inevitably will meet eventually if you run it for real. You also have to be sure in either case to factor in the transaction costs you'd be paying, and the fact that you're buying at the offer price and selling at the bid price, you can't trade at the headline mid-market price. Finally, you have to consider that to do pure technical analysis as an individual, you are in effect competing against a bank that's camped on top of the exchange to get fastest possible access to trade, it has a supercomputer and a team of whizz-kids, and it's trying to find and extract the same opportunities you are. This is not to say the plucky underdog can't do well, but there are systematic reasons not to just assume you will. So folks investing for their retirement generally prefer a low-risk strategy that plays the averages and settles for taking long-term trends.\""}
{"text": " Generally speaking: when a company buys another company it's a complex agreement that spells out many things, including how the acquiring company is paying for the target company.  These are the most common form of payment:  1. Cash. Shareholders of the target company get cash. 2. Shares. Shareholders of the target company get shares of the acquiring company. 3. A combination of 1 and 2 above."}
{"text": " The Zeolite Import Data can be collected from the agencies that are available online or by hiring an expert that hold expertise in this profession. Seair Exim Solution provides comprises HS code, Product Description, Bill of Loading Quantity, Country Name, and Port Name etc."}
{"text": " Mr. Raphael Lilla is a member of the International Society of Business Leaders with over 20 years of work experience working in the Swiss and International financial markets. Currently, he is operating as the Executive Director of SBC Group AG, Switzerland, and as Managing Director of Swiss Bullion Company International LLC, Dubai."}
{"text": " You need to get yourself a credit card, and use it regularly and also repay on time. This will help increase your credit score.  Hope you have a regular job which is bringing in money every month, but having just this isnt enough, get a credit card."}
{"text": " A private company say has 100 shares with single owner Mr X, now it needs say 10,000/- to run the company, if they can get a price of say 1000 per share, then they just need to issue 10 additional shares, so now the total shares is 110 [100 older plus 10]. So now the owner's share in the company is around 91%. However if they can get a price of only Rs 200 per share, they need to create 50 more shares. So now the total shares is 150 [100 older plus 50]. So now Mr X's equity in his own company is down to 66%.  While this may still be OK, if it continues and goes below 50%, there is chances that he [Original owner] will be thrown out"}
{"text": " NO Even worse, most BTL(buy to let) lenders will not lend if you are going to be living in the property.    There are very few lenders that will touch something like this.    It is likely you will also need to use bridging for the time the building work takes at something like 1.5% per month! Try posting the question to http://www.propertytribes.com/ as there are a few UK mortgage experts on that site."}
{"text": " At an income of $95K you are on the edge of qualify for $500,000 mortgage (once you have a down payment).   Yes the fastest way to qualify for a $500,000 condo is to save for a down payment.  I am suggesting that might not be the best long term financial plan.  You are only going to qualify for a 30 year term.  You still have a student loan where interest is not tax deductible.   You have put you yourself in a long term debt position and if you lose your job a potential cash flow problem with a risk of losing the condo.   Since you are living at home I would go after that student debt.  Looks like you could pay it off in like a year.  I don't know prices in you area but maybe go in at less than $500,000 for your first home."}
{"text": " There are several reasons:"}
{"text": " What are your alternatives? If you have something else lined up that is better than this internship, then yes, you should jump ship. Remember, you are your first priority. Don't worry about getting burned, and don't necessarily trust someone's promises. Many people in your life will overpromise and underdeliver.  With that said, if you don't have something to fall back on (that can provide relevant experience that you're looking for), then stick it out. Selling (including cold-calling) is an extremely important skill to have; there will be many times in the future where you will have to sell something, whether it's yourself, or an idea, or some other product. Use this internship as an opportunity to improve your sales skills, your English, and overcome your shyness. Take time to learn as much as you can - whether it's about running a business, your boss's previous experience, or anything else that may come in handy in the future.  Good luck!"}
{"text": " True I'm not surprised I was wrong about that. I worked at this place over the summer where I looked at a lot of PE deals and I remember that name coming up in the context of tech consulting companies that did software dev, took a shot"}
{"text": " The moment the dividend is announced, especially from a company that doesn't normally pay dividends, the dividend is factored into everybody's analysis. In the absence of any other news the price of apple would be expected to drop once the dividend in locked in. Why would I buy shares from you at full price one day after the dividend is paid, if I will have to wait for the next dividend? Also keep in mind the dividend was announced on July 24th, and is given to shareholders of record on August 13th. You are way behind the curve."}
{"text": " \"A quick Craigslist search in my area (New England) pops up a number of RVs in claimed good/running condition in the $2000 - $5000 range, so it's not \"\"too good to be true\"\" that a motivated seller would sell one slightly below market: selling things is a lot of work, and lowering prices is essentially paying the buyer to not make you do that work. Of course, you should still do you due diligence: If the seller objects to you doing this, then you should be suspicious (inexperienced sellers, e.g. a widow whose husband may have handled these things in the past, might get spooked by asking to take it to a mechanic, so be prepared to reassure on that front).  Otherwise it's no more risk than any used vehicle purchase.\""}
{"text": " Join LinkedIn. Become a group member of your college alumni and any groups you find that relate to the field in which you are looking. Post a message on the group boards asking for help in giving you guidance/direction. Then do a search on the people in each group to see if anyone might be in the field of work in which you are interested - message them and ask them questions or see if they can direct you to someone who can help you.  Consider doing an internship, too. Foot in the door experience, plus you meet a lot of people.   Good luck!"}
{"text": " For long periods of time a short ETF's performance will not match the negative of the long ETF, e.g. funding costs and the fact that they 'only' match daily returns will result in a suboptimal performance.   If possible use other derivatives like a put on a long gold etf (fgriglesnickerseven)"}
{"text": " It's funny you bring up trains. If you actually go back and look at the history of trains during the rise of the automobile you'll find that their practices were far worse than anything Hollywood is doing. Remember when the government was busting up all the Big Trusts (high school History)? The Railroad Trust was fucking with everything from ticket prices, to worker's rights, and yes even regulations to squeeze as much as they could before their ultimate demise. It's a sad lesson because if they had learned to function alongside cars and their actual value of facilitating transportation we wouldn't have the transportation crisis we face now. Your analogy is depressingly apt.   Crowdfunding, a drop in media prices, and 1-login-anywhere-on-demand media services (a la Steam) are definitely sure to crop up over the years and I totally agree that *these* will combat piracy more than anything the government can do. Because honestly I think the U.S. Government pulls this kind of bullshit just to show the American public that they are relevant. Just because they are on the completely wrong side of the argument doesn't mean donors aren't popping up out of nowhere, their offices and websites aren't flooded with traffic, and they aren't benefiting from the press. If they aren't manufacturing retarded schemes like this, they'll have to get back to the real work of voting about the logos on our currency."}
{"text": " Good for you.  That's where it's at.  Hell, I've thought about doing the same.  But, if someone wants me to work in Manhattan, I'd take no less than $250k per year.  I'm not saying my work is worth that, but it wouldn't be worth it *to me* for anything less.  Although, if there's one group of people *more* loathed than beltway bandits, it's investment bankers.  Probably, if it all came down, people would gladly spike both our heads.  Really, I don't expect the zombie apocalypse anytime soon.  But, it's an enjoyable escape!  Edit.  I wasn't a B.  I was an A.  Maybe, just maybe, I have some experience with SOF.  Christ, people think that Tier 1 operations are some kind of shadow magic and that SOF are fucking ninjas.  Operations are about keeping things simple.  And don't even get me started on how LEOs work.  I've trained them and worked with them often.  Hint, hint: if you do good ISR, you don't tend to throw flashbangs into babies' cribs."}
{"text": " Do we even control the Capital of Afghanistan if aircraft have to provide air support in the Fucking Capital and kill Civilians.  Why has that Orange buffoon got sucked into this when he campaigned on exiting this stupid war?"}
{"text": " You can find all the essential amino acids in the plant kingdom. The only thing that isn't found in the plant kingdom is B12, which is a bacteria found in good quality dirt. So unless you eat high quality free range meat or kill your own meat you won't be getting any B12."}
{"text": " A friend from Shell (Indian by blood/South African by nationality) told me a couple of months ago that China, India, and Russia had a long term plan cooking to run crude through to China from Russia; thence to India via pipeline. This is a real showstopper deal. When I looked it up online, there is evidence it is coming.   Who knew about the big gas deal with China? Who knew about this one with Iran?  Carnegie.ru (Dmitri Simes) says this whole thing is about control of and regime change of Russia by the US through State Department policy. Notsomuch Ukraine as Russia!  Given the US' record with regime changes, if Carnegie is right, this is a huge FAIL. DOOMED!!"}
{"text": " \"This is hysterical. Trickle down economics once again!  \"\"Hey guys, if we make them not be able to move to new firms in the state, they'll stay forever and we'll make money!!\"\"  More like your educated students will go to school out of state to avoid this, and people will move states altogether for better paying jobs and lifestyle.  It's like Idaho is trying to get their citizens to leave Idaho. It's Idaho. They need to every incentive to keep citizens there.\""}
{"text": " Stock issuing and dilution is legal because there must be some mechanism for small companies to grow into big companies. A company sees a great investment opportunity.  It would be a perfect extension of their activities ... but they cannot afford it. To get the necessary money they can either take out a loan or issue shares. Taking a loan basically means that this is temporary, but the company will go back to being small when the loan is paid back. Issuing new shares basically means that the Board means that this growth is permanent and the company will be big for the foreseeable future. It is utterly necessary that companies have this option for raising cash, and therefore it is legal. As detailed in the other answers, you end up with a smaller percentage of a larger company, usually ending up with more or less the same value."}
{"text": " Pay them off immediately. But, as I note in my article Too Little Debt?, a zero utilization is actually a negative hit. So you want to just use the cards to get over 1%. i.e. if the lines add to $38K, just charge say, gas and some groceries, $100/wk. Pay in full every month. It's the amount on the statement that counts, not the amount carried month to month accruing interest, which, I hope is zero for you from now on."}
{"text": " In my experience dealing with credit cards and store cards, you may find that the store card is much more flexible than the credit card in terms of the enforcement of the card agreement.  For instance, I've missed payments on credit cards and only been 1 day late and saw a rate increase, but on a store card when the same thing happened, it was like they didn't even notice.  Granted, this was a 100% store card with no VISA/MC logo on it, and it was through their bank. This may not be true of all store cards and your experience may differ, but I felt like the store card was more of a tool for acquiring the merchandise and helping the store make a sale than it was for some big bank to make money off of my interest. With credit cards, you are the product, and the bank makes money purely from interest. The store, on the other hand, makes money from selling the product, and credit helps increase sales. My suggestion is to avoid credit altogether as all debt is risk, but if you must use credit, you may have a better experience with the store card. Of course, don't forget to consider the interest rates, payment plan, and other fees that may apply as they may affect your decision in terms of which to go with."}
{"text": " You may get it from a typical company however they may regard your unique cruiser as an ordinary one and will most likely be unable to esteem the antique race motorcycle legitimately. Concurred estimation of the cruiser is one of the essential elements of antique motorcycles protection. Different things which are shrouded in a protective arrangement are mileage on the motorcycle, save parts scope and they even increment the estimation of the bike after consistently since it is a vintage motorbike cruiser."}
{"text": " Dawn J Bennett Dawn Bennett is the founder and CEO of Bennett Group Financial Services, LLC, and serves as the host of Financial Myth Busting with Dawn Bennett. Financial Myth Busting is a nationally-syndicated radio talk show based in Washington, D.C. that airs on Sunday mornings. On the show, Dawn offers listeners a unique perspective on both financial and political current events, and enriches her programs with insight from leaders in the private and political sectors, as well as popular cultural figures."}
{"text": " \"The current tax regime?  Not sure if you are being serious or facetious, but:  [US Citizens and Resident Aliens Abroad - Filing Requirements](https://www.irs.gov/individuals/international-taxpayers/us-citizens-and-resident-aliens-abroad-filing-requirements)  &gt;If you are a U.S. citizen or resident alien living or traveling outside the United States, **you generally are required to file income tax returns, estate tax returns, and gift tax returns and pay estimated tax in the same way as those residing in the United States.**  In contrast, corporations don't pay taxes on profits earned abroad until repatriation [here](http://money.cnn.com/2014/08/14/news/economy/corporate-taxes-inversion/index.html), [here](https://www.nytimes.com/2017/03/09/business/economy/corporate-tax-report.html), [here](https://www.bloomberg.com/graphics/2016-apple-profits/).  So guess what they NEVER do?  This is why literally every large US multi-national corporate \"\"person\"\" pays next to nothing in taxes.  It is quite obvious that this is a violation of the spirit if not the letter of tax law.    That simple fix would wipe out massive amounts of government debt and force multi-national corporations and their shareholders to become engaged stake holders in the efficiency of government.  But if, unlike W-2 paid human counterparts, you can dodge all taxation, \"\"Who cares if the government is using funds efficiently?\"\"  That is incentive to actually game the system to force the government into wasteful spending because the subsequent fallout of increased taxation and/or failure of the state can be dodged without consequence.\""}
{"text": " Tips on The best way to Look for [dallas advertising agency](http://www.elevate-group.com)  who have been about for a even though will surely agree with us when we say that one from the ideal methods to market place your product will be to develop credibility in your brand name. The brand name will likely be what individuals acknowledge essentially the most and in the event you managed to develop one that features a optimistic effect in your goal industry, then you're definitely on the proper road."}
{"text": " Buddy I know how a student investment club works, my school had a great one but thanks for the explanation. Doesn't change the fact that a valuation by some college kids is meaningless, but you wouldn't understand that because you're still a 20 year old kid with no industry experience. I love that you're bragging about your college to someone who has already graduated and made it into the industry, shows you really have no accomplishments to speak of."}
{"text": " If you call them, you can make sure they'll use the new address, but if you want to do it online, there is some risk that the update is delayed. Note also that an address change with an immediate request for a replacement debit card smells very fishy - this what a hacker / thief would do to get your money. Calling seems to be the better approach, as you can verify your identity further. Otherwise, you might well run into an automated block."}
{"text": " \"It depends on when you can get the money, not when you know that you won or when you choose to take the ticket in.  If you can present your ticket this year and get paid this year, the taxes are due this year, whether or not you actually choose to claim the prize this year.  If you cannot receive payment until next year, then taxes will be due next year.  This is \"\"constructive receipt,\"\" which applies to most individual tax situations. This assumes that you chose to receive a lump sum.  If you get installments, then your taxes would be due as the installments are available, but the constructive receipt still applies.\""}
{"text": " The general difference between high dividend paying stocks and growth stocks is as follows: 1) A high dividend paying stock/company is a company that has reached its maximum growth potential in a market and its real growth (that is after adjustment of inflation) is same (more or less) as the growth of the economy. These companies typically generate a lot of cash (Cash Cow) and has nowhere to really invest the entire thing, so they pay high dividends. Typically Fast Moving Consumer Goods (FMCG) ,Power/Utility companies, Textile (in some countries) come into this category. If you invest in these stocks, expect less growth but more dividend; these companies generally come under 'defensive sector' of the market i.e. whose prices do not fall drastically during down turn in a market. 2) Growth stocks on the other hand are the stocks that are operating in a market that is witnessing rapid growth, for example, technology, aerospace etc. These companies have high growth potential but not much accumulated income as the profit is re-invested to support the growth of the company, so no dividend (you will be typically never get any/much dividend from these companies). These companies usually (for some years) grow (or at least has potential to grow) more than the economy and provide real return. Usually these companies are very sensitive to results (good or bad) and their prices are quite volatile. As for your investment strategy, I cannot comment on that as investment is a very subjective matter. Hope this helps"}
{"text": " Most of them use TA or hopeful rumours to bet on. If you wanted to get into crypto from a solid fundamental base, it's probably too late. Most of the cryptocoins' returns (if any) don't match up to their valuation and pretty much all of them are in some form of beta. People are smelling the possible revolution that the underlying blockchain technology may bring to our current systems but are misplacing blockchain tech with the cryptocoins themselves.  For correlation it's not very sophisticated but think of each cryptocoin as a company and you can draw lots of parallels. You can evaluate their returns (from their whitepaper), underlying technology, potential market share, their team, market sentiment, USP, comparison with other similar cryptocoins (also look at bubble markets in other technological revolutions), industry threats/potential.  It's not impossible to make money, if the dotcom bubble is anything to go by there is clear precedent for survivors to thrive, it's more of a question of do you understand how everything works well enough to predict the survivors, if there even are going to be any?"}
{"text": " \"One thing I'd quibble on. There is mainstream exposure. You are probably correct that everyone isn't buying records.   But from late 90's, non-existent to the availability now is a huge change. still not as common as groceries, or coffee.   The awareness of vinyl's return is fairly mainstream. Like when society as a whole co-opts a phrase / word, like \"\"bling\"\" or etc. That doesn't mean grandma is \"\"street\"\" now.\""}
{"text": " Co-Pays. I know, with good medical, that's just $10-$20. Acupuncture, Chiropractic Care (if not paid by your plan) Eye Exam, often not covered so well.  Eye Glasses. Often far higher than the plan pays. Over the counter drugs (update - starting 2011 these can only be reimbursed if they are prescribed, probably more trouble than it's worth), cold medicine, band-aids, ace bandages, heating pad. Birth control (condoms, foam, sponges, if you are worthy)  Any of those work for you? Note, regulations permit the FSA administrator to allow up to $500 to rollover to the next year, check if your plan permits this."}
{"text": " Given the universal crisis and how difficult it\u2019s to gross money these days, people are reconsidering allowances and wise money management. Louis vuitton online sale are virtually each where, however sadly, only a certain folks are able to purchase them with the costly rate tags that come along with them. But, designer bargains really are the stuffs to scout for when it\u2019s the matter of new designer fashion at a much more reasonable."}
{"text": " \"When you say \"\"apartment\"\" I take it you mean \"\"condo\"\", as you're talking about buying. Right or no? A condo is generally cheaper to buy than a house of equal size and coondition, but they you have to pay condo fees forever. So you're paying less up front but you have an ongoing expense. With a condo, the condo association normally does exterior maintenance, so it's not your problem. Find out exactly what's your responsibility and what's theirs, but you typically don't have to worry about maintaining the parking areas, you have less if any grass to mow, you don't have to deal with roof or outside walls, etc. Of course you're paying for all this through your condo fees. There are two advantages to getting a shorter term loan: Because you owe the money for less time, each percentage point of interest is less total cash. 1% time 15 years versus 1% times 30 years or whatever. Also, you can usually get a lower rate on a shorter term loan because there's less risk to the bank: they only have to worry about where interest rates might go for 15 years instead of 30 years. So even if you know that you will sell the house and pay off the loan in 10 years, you'll usually pay less with a 15 year loan than a 30 year loan because of the lower rate. The catch to a shorter-term loan is that the monthly payments are higher. If you can't afford the monthly payment, then any advantages are just hypothetical. Typically if you have less than a 20% down payment, you have to pay mortgage insurance. So if you can manage 20% down, do it, it saves you a bundle. Every extra dollar of down payment is that much less that you're paying in interest. You want to keep an emergency fund so I wouldn't put every spare dime I had into a down payment if I could avoid it, but you want the biggest down payment you can manage. (Well, one can debate whether its better to use spare cash to invest in the stock market or some other investment rather than paying down the mortgage. Whole different question.) \"\"I dont think its a good idea to make any principal payments as I would probably loose them when I would want to sell the house and pay off the mortgage\"\" I'm not sure what you're thinking there. Any extra principle payments that you make, you'll get back when you sell the house. I mean, suppose you buy a house for $100,000, over the time you own it you pay $30,000 in principle (between regular payments and any extra payments), and then you sell it for $120,000. So out of that $120,000 you'll have to pay off the $70,000 balance remaining on the loan, leaving $50,000 to pay other expenses and whatever is left goes in your pocket. Scenario 2, you buy the house for $100,000, pay $40,000 in principle, and sell for $120,000. So now you subtract $60,000 from the $120,000 leaving $60,000. You put in an extra $10,000, but you get it back when you sell. Whether you make or lose money on the house, whatever extra principle you put in, you'll get back at sale time in terms of less money that will have to go to pay the remaining principle on the mortgage.\""}
{"text": " If I were in your shoes I would concentrate now on investing in yourself.  Your greatest wealth building tool is your income.  Going to school is great, make sure you can finish.  Also is there additional coursework you can obtain that might help boost your salary?  I would look for course in the following areas that might be outside your core competency: After that I would concentrate on some books that will help you in your journey.  However, I would not start investing until you have a well paying full time job: That will get you started."}
{"text": " Updating this question with a report from Clark Howard: http://www.clarkhoward.com/news/clark-howard/homes-real-estate/home-warranties-not-worth-paper-theyre-written/nDYMR/ Of course everybody is right so far... Home warranties aren't worth the paper they're written on, but that   hasn't stopped homeowners from buying them by the millions. Nor does   it negate their effectiveness as a tool you can use to sweeten the pot   if you have to sell your home in a tough market. The Chicago Tribune reports that 3 million homeowners bought home   warranties last year. Yet at the same time, for six years running,   home warranty companies have led a list of the most complained about   companies in America out of 500 different categories tracked by   AngiesList.com. Basically the point he is trying to make is that home warranties aren't worth it (by and large) for the average home owner.  However, if you are selling a home, offering to pay for a warranty for one year for the new home buyer is a sweet incentive for selling your house.   At first, there seems to be a contradiction, but not in actuality.  If you expect a home warranty to serve you, statistically it probably won't.  There are success stories; there are just more horror stories.  But just like any sort of advertising cost or other sunk cost when selling your house, having a warranty to give to your new buyer will perhaps help you sell the home faster and for more money.   It doesn't mean you believe in the quality of the warranty, but for your buyer, if they never use it; meh.  If the use it and it works; hooray!  If they use it and it doesn't work; oh well, at least it didn't cost them anything. Offering it to your buyer is akin to offering them a free piece of art.  Maybe they like it, maybe they don't, but it was free!"}
{"text": " \"The conclusion that \"\"it's bad to have 0% utilization\"\" from the data you linked is misleading.  When people have zero history, they also have zero utilization.  The fact that generally people with zero utilization are credit virgins is what drives that average score.  Obviously, people with zero, or limited, history will have significantly lower credit scores than folks with some utilization and a lot of history. In response to the couple comments regarding the dip on attaining 0% utilization.  The data shows a 67 point drop in average score from 0% to 1%-10%.  The stark deviation in average score between those two groups is not the result of a couple point change because of zero utilization.\""}
{"text": " \"So \"\"Operation Twist\"\" is actually a pretty simple concept. Here's the break down: The Fed sells short-term treasury bonds that it already holds on its books. Short-term treasury bonds refer to - bonds that mature in less than three years. Then: Uses that money to buy long term treasury bonds. Long-term treasury bonds refer to -  bonds that mature in six to 30 years The reason: The fed buys these longer-term treasuries to lower longer-term interest rates and encourage more borrowing and spending. Diving deeper into how it works: So the Fed can easily determine short-term rates by using the Federal funds rate this rate has a direct effect on the following: However this does not play a direct role in influencing the rate of long-term loans (what you might pay on a 30-year fixed mortgage). Instead, long-term rates are determined by investors who buy and sell bonds in the bond market, which changes daily. These bond yields fluctuate depending on the health of the economy and inflation. However, the Fed funds rate does play an indirect role in these rates. So now that we know a little more about what effects what rate, why does lower long-term rates in treasuries influence my 30yr fixed mortgage? Well when you are looking for a loan you are entering a market and competing against other people, by people I mean anyone looking for money (e.g: my grandmother, companies, or the US government). The bank that lends you money has to decide weather the deal you are offering them is better then another deal on the market. If the risk of lending to one person is the same as the risk of lending to another, the bank will make whichever loan yields the higher interest rate. The U.S. government is considered a very safe borrower, so much so that government bonds are considered almost \u201crisk free\u201d, but because of the lower risk the rate of return is lower. So now the bank has to factor in this risk and make its decision weather to lend you money, or the government. So, if the government were to go to the market and buy its own long-term bonds it is adding demand in the market causing the price of the bond to rise in effect lowering the interest rate (when price goes up, yield goes down). So when you go back and ask for a loan it has to re-evaluate and decide \"\"Is it worth giving this money to Joe McFreeBeer instead and collecting a higher yield?\"\" (After all, Joe McFreeBeer is a nice guy). Here's an example: Lets say the US has a rating of 10 out of 10 and its bonds pay a 2% yield. Now lets say for each lower mark in rating the bank will lend at a minimum of 1% higher and your rating is 8 of 10. So if you go to market, the lowest rate you can get will be 4%. Now lets say price rises on the US treasury and causes the rate to go down by 1%. In this scenario you will now be able to get a loan for 3% and someone with a rating of 7 of 10 would be able to get that 4% loan. Here's some more info and explinations: Why is the Government Buying Long-Term Bonds? What Is 'Operation Twist'? A Q&A on US Fed Program Federal Reserve for Beginners Federal Open Market Committee\""}
{"text": " &gt; they will just leave instead of paying.   Great.   The rich are rich because they own things that leech money from our economies.  We can tax them wherever they are by taxing the mechanisms by which they earn money from us.  Having them all leave would be the best thing, because it would dispel the illusion that helping the rich helps America.   &gt; The rich already pay the vast majority of taxes.  Only if you ignore most of the taxes the rest of us pay."}
{"text": " \"No, I think the US should be under a single payer system. Care in the US is is shitty as it is. \"\"It is hard to ignore that in 2006, the United States was number 1 in terms of health care spending per capita but ranked 39th for infant mortality, 43rd for adult female mortality, 42nd for adult male mortality, and 36th for life expectancy... Comparisons also reveal that the United States is falling farther behind each year\"\" [New England Journal of Medicine](http://www.nejm.org/doi/full/10.1056/NEJMp0910064). Also another point I didn't mention is that most US 'middle class' families are literally only one sickness away from having to choose between medical bills or mortgage payments. I personally have had friends who had to drop out of college after their dad got sick, and I wouldn't mind paying more taxes if it meant that never happened again, or happened to my children once I start a family.\""}
{"text": " \"He is wrong.  Using Total Return (Reinvesting Dividend), from the peak in December 1999, it only took 6 years to recover.   You can check the data for free here. Make sure you choose \"\"Gross Index Level\"\".  ACWI Index is Developed Markets + Emerging Markets.  World Index is Developed Markets only.\""}
{"text": " Taxes Yes. You haven't indicated why the transfer is being made. If it is without any reason, it would attract a Gift Tax. legal liability It would definitely be investigated to see if Money Laundering or any other illegal activities is happening. If things are in order you have nothing to worry. charges  Normally none. Your Bank can confirm better. friend of mine Are you sure he is a friend and this is not some kind of scam ... it typically starts of with you will get huge money and then calls like its stuck with RBI you need to paysome one to fast track or any such stories to get money out of you."}
{"text": " When you are saving for money you need in 5 years or less the only real option is a savings account. I know the return is nothing at this point, but if you cannot take the risk of losing all of your money that's the only thing I would recommend.  Now you could try a good growth stock mutual fund if, when you look up in 2 - 3 years and you have lost money you wait it out until it grows enough to get what you lost back then buy your house. I would not do the second option because I wouldn't want to be stuck renting while waiting for the account to recover, and actually thinking about it that way you have more risk. 3 years from now if you have lost money and don't yet have enough saved you will have to continue paying rent, and no mutual fund will out preform that."}
{"text": " I think we're talking across each other.  I'm saying the behavior justifies an investigation.  You're saying there's no evidence of collusion.  Fine, we're both right.  I'm glad the special prosecutor is gathering more facts.  One more piece of data....  https://www.google.com/amp/amp.nationalreview.com/article/449376/donald-trump-jr-e-mails-proof-trump-campaign-attempted-collusion-russia  These guys do say that oppo research is not a contribution (which you also stated).  I still don't buy it."}
{"text": " CrimsonX did a great job highlighting the primary pros and cons of HSAs, so I won't go into detail there. However, I did want to point out another pro - HSAs are (or can be) easy to manage. You said: Is this a better way to approach health care costs instead of itemizing health care expenses on yearly federal taxes? I'm not sure which company you are looking at establishing your HSA with, but with mine I have a debit card that I use when paying for medical care and then at the end of the year I get a 1099-SA that provides the amount of money spent on qualified purchases that calendar year. Yes, there are a few extra boxes I need to fill in for my 1040 come tax time, but I don't need to itemize my healthcare costs over the year. It really is pretty simple and straightforward. Also, one con that is worth noting is that you become much more sensitive to healthcare costs due to the high deductible healthcare plan an HSA requires. For example, in all the years we've had an HSA we've not yet met our deductible, which means we pay out of pocket for any non-routine doctor visits. (The health insurer pays 100% of routine visits, like my wife's annual, well-baby check ups for the little one, and so on.) So, when you're feeling really sick and think a doctor's visit would be warranted, you have to make a decision: After being faced with this decision a time or two you will start to envy those who have just a $20 copay! Of course, that's just an emotional con. Each year I run the numbers on how much we spent per year on out of pocket plus premiums and compare it to what it would cost in premiums for an HMO-type plan, and the HSA plan always comes ahead. (In part because we are a pretty healthy family and I work for myself so do not get to enjoy group discount rates.) But I thought it worth mentioning because there are certainly times when I know I need to see a doctor or specialist and I cringe because I know I am going to be slapped with a big bill in the not too distant future!"}
{"text": " &gt; What this translates to is that someone there has double booked the venue and as the smaller player, I get dumped.  You mean the other player negotiated for better contract terms?   This isn't a UK problem, it's a problem for any small business. It seems you are trying to do everything yourself instead of hiring a specialist to take care of the little details."}
{"text": " We work because it takes work to maintain this society of not always being on the verge of dying of hunger or thirst or disease.  We don't have to run down animals to kill anymore, we just go down to the grocery store.  There are systems in place and they have to be maintained and improved upon to keep a growing civilization and population count stable."}
{"text": " Join me for a look at the Quote for SPY.  A yield of 1.82%. So over a year's time, your $100K investment will give you $1820 in dividends.  The Top 10 holdings show that Apple is now 3% of the S&P. With a current dividend of 2.3%. Every stock in the S&P has its own different dividend. (Although the zeros are all the same. Not every stock has a dividend.) The aggregate gets you to the 1.82% current dividend. Dividends are accumulated and paid out quarterly, regardless of which months the individual stocks pay."}
{"text": " \"Synergy is when a relationship makes its members stronger. \"\"Relationships\"\" doesn't cut it. Results and [ROI](http://www.investopedia.com/terms/r/returnoninvestment.asp) are very different. If a subordinate brings an insignificant problem to their manager, \"\"be realistic\"\" doesn't have quite the kick that \"\"deal with it\"\" does, IMO, but I'll give it to you. I'm not sure what you're getting at with \"\"Expectations? Goals?\"\", but managing expectations is conveyed in neither.  Your terms do not suffice, and your lack of understanding leads me to believe that you're either really junior or not in business at all.\""}
{"text": " I just don't see that many suckers falling for cheap or subprime loans, given their student loans. Yellen raising rates will dampen aggressive bank profits somewhat. Smucks will be smucks, but smarter buyers would appraise their debt load and opt for renting or cheaper houses.  But then again, people don't even learn from recent history. US market is at recovery/pre-euphoria stage now. Canada is soon to pop a year after rates rise courtesy of Yellen. Given the size of the US gen y cohort, it is likely that many in their 30s in 2020 will buy. And will cry when the next bubble pops, as Boomers start selling assets to fund their retirements."}
{"text": " Here you go, as promised - http://www.nytimes.com/2012/10/23/sports/cycling/armstrong-stripped-of-his-7-tour-de-france-titles.html?hp  Of course, we can side with one man who has refused to provide any proof, other than his word. Or we can look at all the evidence provided by his teammates, spouses and others in the retinue."}
{"text": " Ditto Rocky. Also: Break the sale up over several tax years so that you don't have a spike in your income pushing you into a higher tax bracket. Don't sell it until you retire, when you're probably in a lower tax bracket. (If you're 20, this may be impractical.) Get some other deductions, like medical expenses, charity, etc. Failing that, maybe a couple of other ideas that neither of us thought of, I think the real answer is: suck it up and pay the taxes. If there was a way to reduce your taxes just by checking the right box on a tax form or some such, everybody would do it and the government wouldn't collect any taxes."}
{"text": " Whenever an article like this pops up people love to point out the fact people may not have much in savings because savings accounts are effectively stagnant money. However, that many people with &lt;$1,000 certainly means it's because they don't really have any money to begin with, and not that it's invested elsewhere, right?"}
{"text": " &gt;Hourly rates aside   Really? The guy who defines success by the $ they make doesn't want to compare hourly rates?  Ok, let's compare standard of living.   My buddy lives in Thailand at the moment. He travels around but has been there about 6 months.  He has a passive income of $55k derived from rental units here in the US, his blog, and online business.  He works about 5 hours a week.   He rents a beach house for $450/month and his expenses are about $20/day to live quite well eating out every meal, working out, etc. That $55k is about 15x the local median wage.   Your $500k in the US is about 10x the average wage in the US and if you live in an expensive city like NYC, DC, or SF then it's much less.  You work 80 hours a week and he works 5 and has a higher relative standard of living.    Who is more succesful?  &gt;I'd rather have the half mill annually  I'm sorry you never learned that we should work to live, not live to work. Its truly sad."}
{"text": " Honestly I would look for a house you can afford and one that is below the maximum amount of what they are willing to lend you.  The reason is owning a house is not a quick loan that you can pay off in a year or two (unless you're rich then I would question why are you even bothering with a loan). This is a long term commitment; can you honestly say your job will provide the money for the mortgage, the upkeep and remodeling of the house (even if it's the perfect house you will want to change something, make the bathroom bigger, put in a pool table etc.. etc..), living expenses and any hiccups life throws at you? Like most of us, that answer will be no. Always have money and supplies for that rainy day, for those lean days. For that mortgage payment. And if nothing happens you can always use the money to pay the mortgage off faster or take a vacation."}
{"text": " As you point out in your question your risk level is personal.  If you really believe your job is stable there is no more risk.  However the overall evidence is that most jobs are less stable, and if you do lose your job you're likely going to be out of work for a while.  One thing to consider though is that if you have planned on emergency credit in the past, that option is not really viable anymore."}
{"text": " I agree with the previous comments one thing that got brought up a while back when I was looking into purchasing a Prius was the battery replacement, someone once told me it was very expensive in the event it failed and needed to be changed, I'm not talking about the 12 volt but the big nickel metal hydride one. Another thing to factor is the gas that you will save, normally the Prius get double the gas milage of that of civic or a corolla but unless you drive a bunch of miles per day you really don't see the pay off.  Also if you can pull a CarFax on the car, the 20 dollar investment is worth it because you can find out if it was in an accident or if it's a lemon! I once bought a bmw and didn't do a CarFax and later ended up finding out that the car had more owners than a taxi had customers.  Also just like said above 200k car vs 100k doest always mean the 100k is better off, especially if the previous owner never services it well. Get the car checkout before you make the deal to buy."}
{"text": " \"FWIW, I've got a printed Amazon.ca invoice that was included in a shipment of books that I received in July, 2013. In the right-side side panel, at the bottom and in fine print, it reads:  Amazon.com.ca, Inc.   410 Terry Avenue   North Seattle, WA 98109-5210   GST Registration Number/No enregistrement TPS 85730 5932 RT0001   [etc.] If I view the same order online at Amazon.ca, the on-screen version does not have that detail.  Interestingly, at the bottom of the online invoice page it says: \"\"Please note: This is not a VAT invoice.\"\" That probably should've said \"\"GST/HST\"\", for Canada, and not \"\"VAT\"\", which is presumably for the United Kingdom.  So, it would appear that Amazon may only print their GST/HST details on the shipped invoice printout. Which made me wonder: Did you purchase something that was fulfilled electronically, i.e. no physical shipment to you? e.g. a Kindle book, an app, or a service like Cloud Drive? If no physical invoice shipped means one doesn't get the required GST details, then there's still a Canadian tax requirement Amazon isn't fulfilling on such invoices, though not as broad an issue as you suspected. On the other hand, if you did get a physical invoice [and your comment confirmed you did], then what you were seeking was most likely printed on that version, just as mine was. At the moment, I'm not sure why Amazon wouldn't also include the GST number on electronic versions of invoices (whether received by email, or viewed on the web site) but if I find out more, I'll update my answer later.\""}
{"text": " \"Far better than doing nothing and just \"\"job searching\"\".  Most (good) companies understand how rigorous the CFA program is, so it shows that you are doing what you can to progress on a financial career path.  It isn't the same has having relevant employment, but shows you are serious about the field.  Only downside is the initial cost of membership and registration (around $1000), which many companies will pay for if you work there.  Mine paid for registration, all the exams, study materials, etc...\""}
{"text": " Selling options is a great idea, but tweak it a bit and sell credit spreads on both sides of the market, i.e. sell OTM bear call spreads and OTM bull put spreads. This is also known as an iron condor, and limits risk, and allows for much more flexibility."}
{"text": " Beyond the numbers, how do you objectively establish causation between Amazon and a lost job?  That, to me, is what is practically impossible.  Ma and Pa might blame Amazon but that's hardly dependable information.  What if Ma and Pa's business model was unsustainable or simply mismanaged?  Now, with Walmart, you can establish a stronger connection because you'll see those effects tightly correlated with a local store opening.  Doing that with an online business is considerably harder.  You'd need to know who the customers were and how they substituted Ma and Pa's goods and then correlate that with a drop in sales, for example."}
{"text": " \"Again:  &gt; Go ahead and show me one article or picture of \"\"Palestinians\"\" dying of thirst or untreated diseases.  Please!!!!!!  &gt; Back to \"\"Palestine\"\", a short real true and verifiable historical summary: There was never ever a country or nation of \"\"Palestine\"\". The only reason we hear about \"\"Palestine\"\" and \"\"Palestinians\"\" today is because in 1967 Israel liberated the local Arabs from a 1948 occupation(!!!!!) by Egypt and Jordan of land given to them by the UN, for which Israel agreed to. If the 1967 events never happened, you would not hear today about \"\"Palestine\"\" and \"\"Palestinians\"\". True or false?  &gt; So, Israel never wanted to be a \"\"Greater Israel\"\" to rule over millions of additional Arabs as part of its democracy or \"\"occupation\"\" - more Arabs than Jews!!!! Israel is not that dumb. True or false?  &gt; The blockade is actually by Egypt and Israel. Check the map! Egypt has a lllllooooonnngggg border with Gaza. True or false?  &gt; The local Arabs can have a \"\"Palestine\"\" for themselves already in 1948 (if they agreed to the UN partition plan) or 1967 after they were liberated by Israel. Israel has only one condition, in 1948 and in 1967, for a \"\"Palestine\"\": that \"\"Palestine\"\" needs to be a nice neighbor to Israel. They don't want to be nice, so no \"\"Palestine\"\" until they grow up. True or false?\""}
{"text": " You sound ahead of the game. I personally regret locking myself in rooms in post-hs depression with the Internet and books.  Honestly, I have regrets from that time a few years ago. Recognize and cherish your freedom. I know this sounds clich\u00e9 as hell but at this unique stage it's priceless and fleeting. Hang with friends, drink, chase girls, have adventures with friends as much as possible before you go separate ways permanently.   In your free time, lift weights to have even more fun in college.   It sounds like you're hustling. In a few months life is gonna hold a proverbial gun to your head and say you can't NOT hustle for years and years and years. It doesn't have to be like that but it is for most ambitious people. Especially in finance.   Assuming you're not about that or have your bases covered, any coding is great. Check out R. CSS, HTML if you wanna know web design. Read Wall Street Oasis instead of this sub.   Excuse the rantyness of that"}
{"text": " \"Your broker, Ameritrade, offers a variety of Exchange Traded Funds (ETFs) that you can buy and sell with zero commission.  An ETF is like a mutual fund, but you buy and sell shares the same way you buy and sell shares of stocks.  From your point of view, the relevance of this is that you can buy and sell as many or as few shares as you like, even down to a single share.  Note that to get the commission-free trades on the available ETFs you have to sign up for it in your account profile.  Be sure to do that before you enter any buy orders. You'll want to start by looking at the Ameritrade's list of commission-free ETFs.  Notice that they are divided into different categories:  stocks, bonds, international, and commodities.  Which categories you pick from will depend on your personal investing goals, time horizon, risk tolerance, and so on.  There are lots of questions and answers on this site that talk about asset allocation.  You should read them, as it is the most important decision you will make with your portfolio. The other thing you want to be aware of is the expense ratio for each fund.  These expenses reduce the fund's return (they are included in the calculation of the net asset value of the shares), so lower is definitely better.  Personally, I wouldn't even consider paying more than about 0.10% (commonly read \"\"10 basis points\"\" or \"\"10 bp\"\") for a broad-based domestic stock fund.  For a sectoral fund you might put up with as much as 20 bp in expenses.  Bond funds tend to be a little more expensive, so maybe allow as much as 25 bp, and likewise for international funds.  I've never invested in commodity funds, so I'll let someone else opine on appropriate expense ratios for those. Once you've decided what funds you want (and have signed up for commission-free trades), all you have to do is enter the trade orders.  The website where you manage your account has tutorials on how to do that.  After that you should be all set. Good luck with your investing!\""}
{"text": " Best holiday packages in Qatar are available for you with gomosafer, the online travel division of Mosafer. Qatar is a popular mid-east destination and has become quite popular holidaying destination from the past two decades. It has historic forts, impressive seascapes, luxury hotels, and sandunes and so on."}
{"text": " Oh so it's ok for MSM to have a play where Donald Trump is murdered. But if I say something to get a reaction out of you the conversation is over?   How is that ok to have a play where the acting president is killed?   Freedom of speech is ok until you break the law. To threaten or imply death of the president of the United States is a crime. Donald trump did not write the law. In fact Trump wasn't even alive when that law was written.   China Russia United States. They need to eliminate the religious problem we have."}
{"text": " The property buys understanding and advising the property proprietor of the date of the culmination of the development venture, flat, estate, house and office. We provide the best service of Real estate purchase and sale contracts. We typically prescribe that customers hold all property for the sake of a Panamanian partnership for resource security and pay to assess reasons. t ought to be noticed that Panamanian common law puts the weight of duty on the dealer to react to the purchaser for lawful and tranquil ownership."}
{"text": " You need to pay off the entire balance of 7450 as soon as possible. This should be your primary financial goal at this point above anything else. A basic structure that you can follow is this: Is the \u00a31500 balance with the 39.9% interest rate the obvious starting point here? Yes, that is fine. But all the cards and overdraft debts need to be treated with the same urgency! What are the prospects for improving my credit score in say the next 6-12 months enough to get a 0% balance transfer or loan for consolidation? This should not be a primary concern of yours if you want to move on with your financial life. Debt consolidation will not help you achieve the goals you have described (home ownership, financial stability). If you follow the advice here, by the time you get to the point of being eligible, you may not see enough savings in interest to make it worth the hassle. Focus on the hard stuff and pay off the balances. Is that realistic, or am I looking at a longer term struggle? You are looking at a significant struggle. If it was easy you would not be asking this question! The length of time will be determined by your choices: how aggressively you will cut your lifestyle, take on extra jobs, and place additional payments on your debt.  By being that extreme, you will actually start to see progress, which will be encouraging. If you go in half-committed, your progress will show as much and it will be demotivating. Much of your success will hinge on your mental and emotional toughness to push through the hard work of delaying pleasure and paying off these balances. That is just my personal experience, so you can take it or leave it. :) The credit score will take care of itself if you follow this method, so don't worry about it. Good Luck!"}
{"text": " \"&gt;What changes when you have kids is your lifestyle and how you spend your money. Bar tab = diapers, weekend getaways = 1 big disney vaction, convertible = minivan, etc.   Ah, but singles don't NEED the \"\"Disney\"\" vacation (indeed many AVOID such things on purpose) -- they can go backpacking in the mountains, or vacation on the beach in Greece for significantly less (if they are even so inclined).  Likewise, the convertible, unlike the minivan, is an \"\"optional luxury\"\" -- and ironically enough, one that holds its value on resale far better than the minivan.   &gt;There is an opportunity cost, but according to these folks they seem to be assuming you are spending money you are normally saving on kids, when in truth you would have more than likely spent it on yourself.  Exactly. Or you would never be sufficiently motivated to earn it in the first place.  I have seen several \"\"studies\"\" about how married w/children people tend to earn MORE over their lifetime than unmarried/childless people do.  Now certainly ONE reason for that can be (and from anecdotal management experience I *know* it exists) a form of discrimination (where married w/children managers overpay/out-promote \"\"similar\"\" people out of sympathy, and where they underpay singles/childless on the basis of \"\"well, they don't NEED as much\"\").  But I also think there is a factor of \"\"content\"\" versus drive/motivation/need -- married w/children do in fact NEED/WANT to earn more (because they have higher inherent costs), and are therefore generally more \"\"motivated\"\" about gaining additional pay (in order to live a lifestyle that is at a similar level to single/childless people).\""}
{"text": " headcounts... I racked 12k in overtime compensation last year, asking the superiour why we wouldn't simply hire someone, seeing that the whole team worked under the same conditions, the answer was, headcount wouldn't get approved, while he was able to get the overtime compensation approved due to sourcing the funds from a different budget, getting a new perm proves difficult - especially if you function in a matrix. it's corporate politics that requires a fight, that only few superiours will risk, if it's not them haging over the edge as a result &amp; a damn shame, if you ask me, seeing that there are so many young well educated people not having any work at all. if you think the extra bucks is nice: working years on overtime bears cost, that's not worth the money - on the other hand, you also have people that have to work overtime without having the choice of compensation."}
{"text": " Not the only one, no.  Definitely a good one, though. That would send huge reverberations throughout that space and you'd see other companies racing to upgrade their security. That would have a significant net benefit for the US consumer.  However, I don't think that Equifax should go out business unless it can be shown that people suffered or will suffer enough damage for that to be reasonable. We don't know who has those numbers, do we? That's part of the case. If they're already being used against the customer base (and that base is ~1/2 of the US), then going out of business actually seems like the appropriate scale of punishment, as it's effectively the death penalty (or at least a life sentence)."}
{"text": " I think these systems of wealth re-allocation is where the heart of the debate about the American economy is or should be. Should we have our government intervene and re-allocate wealth in some way? It already does to some degree, although arguably in a bad way. It's much easier to avoid taxes when you can pay for the sort of expert good at avoiding that sort of thing. Middle/Poor class individuals end up paying more taxes relative to their income further exacerbating wealth inequality. I think it was Bill Gates and probably many others that have mentioned that one of the best ways to get money to underutilized market participants is by investing in businesses who then employ people.  I think the concern with the American economy and everything else dependent to it is that the mechanisms/pipelines for enabling the poorly utilized are outgunned by the mechanisms/pipelines for taking the money from the poor/middle class and putting it in the hands of the rich. Loan-based financial products are the biggest offenders I think. If only hypothetically I would like to see what an economy would look like if loans were simply not an option, or if the idea of merit qualifying a person for a loan/financing were significantly more accurate."}
{"text": " You are the one lending yourself the shares to sell;you purchase the stock at market price and sell at the strike price of the option to the put seller when you exercise the option."}
{"text": " \"First, point: The CRA wants you to start a business with a \"\"Reasonable expectation of profit\"\". They typically expect to see a profit within 5 years, so you may be inviting unwanted questions from future auditors by using a breakeven strategy. Second point: If the goal is to pay as little tax as possible, you may want to consider having the corporation pay you as little as possible. Corporate income taxes are much lower than personal income taxes, according to these two CRA links: How it works is that your company pays you little as an outright salary and offers you perks like a leased company car, expense account for lunch and entertainment, a mobile phone, computer, etc. The company owns all of this stuff and lets you use it as part of the job. The company pays for all this stuff with corporate pre-tax dollars as opposed to you paying for it with personal after-tax dollars. There are specifics on meals & entertainment which modify this slightly (you can claim 50%) but you get the idea. The actual rate difference will depend on your province of residence and your corporate income level.  There is also a requirement for \"\"Reasonable Expenses\"\", such that the expenses have to be in line with what you are doing. If you need to travel to a conference each year, that would be a reasonable expense. Adding your family and making it a vacation for everyone would not. You can claim such expenses as a sole proprietor or a corporation. The sole-proprietorship option puts any after-expense profits into your pocket as taxable income, where the corporate structure allows the corporation to hold funds and limit the amount paid out to you.  I've seen this strategy successfully done first-hand, but have not done it myself. I am not a lawyer or accountant, consult these professionals about this tax strategy before taking any action.\""}
{"text": " As you can see by his username this guy works in IT.  I will explain for those who aren\u2019t in the industry.  In IT demand for employees has never been higher.  It is crazy right now. This means it is hard to get talent, particularly good talent which can be many times more productive than bad ones.  Now Amazon is a tech company fundamentally.  What many may not realize is Amazon is also the world\u2019s largest hosting platform too.  For example, Reddit and Netflix are on their systems.  So they aren\u2019t just a store, they do a lot of everyone else's tech too.  This means they need a shit-tonne of good tech and related people.  So the location will likely hinge on where the can find good staff.  However, as OP just said Amazon has a terrible reputation in the industry.  So this makes this even more difficult as everyone hates them and no one will move for them, and they need a lot of good people which are in high demand elsewhere.  This is what their decision will rest on.  Tax breaks and all are perks, but they need to find 50,000 experienced employees to fill this thing, everything else is secondary."}
{"text": " Fair enough and I appreciate the advice. But I think in some cases we have a duty to point out contradictory statements, especially if they could be misleading to the average person. I don't want some poor kid who scraped together a few bucks, sees the big revenue numbers and assumes it's a sure thing."}
{"text": " Do not mix personal accounts and corporate accounts. If you're paid as your self person - this money belongs to you, not the corporation. You can contribute it to the corporation, but it is another tax event and you should understand fully the consequences. Talk to a tax adviser (EA/CPA licensed in your State). If they pay to you personally (1099) - it goes on your Schedule C, and you pay SE taxes on it. If they pay to your corporation, the corporation will pay it to you as salary, and will pay payroll taxes on it. Generally, payroll through corporation will be slightly more expensive than regular schedule C. If you have employees/subcontractors, though, you may earn money which is not from your own performance, in which case S-Corp may be an advantage."}
{"text": " Have you considered investing in real estate? Property is cheap now and you have enough money for several properties. The income from tenants could be very helpful. If you find it's not for you, you can also sell your property and recover your initial investment, assuming house prices go up in the next few years."}
{"text": " OP might. I have worked for a conservative organization before, and while I didn't make friends, I did behave in a professional fashion and maintained all my interactions with them within strict professional boundaries.  True, that doesn't get you invited to any after hour beers, but there was the experience I gained in the work I was performing."}
{"text": " I have a colleague who always leases cars first.  He's very well off, has piles of money in savings, owns a home, and the cherry on top, he could just write a check for the car....   He sees the lease as an insurance policy on the first couple of years of the car's life.  If it gets in an accident or he finds something about it he doesn't like, he can give it back to the dealer at the end of the term with no hassle and move on to the next car.  Some people value the fact that a lease is a rental.   If you're leasing a luxury car or something you couldn't otherwise afford, no amount of mental gymnastics will turn this in to a good idea.   Separately, you should never make a down payment on a lease.  If the car is totaled early on, you will not recoupe the money you put down.  The issue here is that while the numbers all work out the same between a lease and a purchase your situation is different.  If the leased car is totaled, the bank gets its money back from an insurer.  If that payment doesn't cover the value of the car, the GAP insurance will cover it.  In either situation, if there's an excess remaining it will be returned to you.  The issue is the excess may not fully replace your down payment.  If you then went to lease another car you would need to come up with that down payment again because you couldn't just simply choose to lease a used car; like you could in the case of a purchase.  Additionally, GAP is generally included in a lease whether you want it or not.  As far as I'm concerned it doesn't make financial sense to mitigate the value of the GAP coverage once you've decided to live in a lease situation."}
{"text": " The US has had higher tax rates and has always had loopholes for the very wealthy to escape those taxes.   It is this simple. The productive investment of capital puts that capital at risk. Given the economic situation in the world, the risk of loss is high. If the risk is high and the taxes on profit are also high, investors will look for low risk investments. Low risk investments are not those that create jobs and grow the economy."}
{"text": " The numbers you provided would just barely make it (depending on taxes where you are), and I'd say there's lots of room to cut expenses back if need be. The big assumption is that your fianc\u00e9 will have a steady income of over $3k/mo take-home. My advice would be to keep your job until you see that as a reality.  That said, getting an education is, imho, the single most important thing you can do. In the long run, it's worth eating ramen noodles and rice and beans for a couple years. It's even worth going into debt. (It took me nearly 10 years to pay off my student loans. No regrets here.) While working your way through school is noble and it's great if you can do it, being able to focus on your studies is what will make it worthwhile.  It sounds to me like you're on the right track."}
{"text": " You think that you could get Malcolm Gladwell to stop writing?  If you took away all of his money, and told him that he would never get paid residuals ever again, do you think he would just stop?  First of all, he would make it all back with personal appearances and book signings.  Second, no real artists do it for the money.  They get their rush from being influential, and helping people understand the world a bit better.  The money helps pay the bills, yes, but monetary incentives have actually been shown to damage creativity.  http://www.youtube.com/watch?v=rrkrvAUbU9Y  Commercialization of art is a perversion."}
{"text": " Whether or not it's reasonable is a matter of opinion, but there are certainly cheaper options out there. It does seem strange to me that your credit union charges a percentage of your assets rather than a flat fee since they shouldn't have to do any more work based on how much money you have invested. I would look into rolling over your IRA to Vanguard or Fidelity. Neither charge administrative fees, and they offer no-load and no-transaction fee funds with low expenses. If you went with Fidelity directly, you'd be bypassing the middle man (your credit union) and their additional administrative fees. Vanguard tends to offer even cheaper funds."}
{"text": " You're not missing anything. Consumer protection in the US is very basic and limited, if at all. So if someone claims you owe them something, it would be really hard for you to prove otherwise unless you actually drag them to court. Especially if there actually was a relationship, and there probably is some paperwork to substantiate the claim. I suggest talking to a consumer issues attorney."}
{"text": " Honing in on your last question: Is there a better way?  I think there is, but it would require you to change the way you handle your spending, and that may not be of interest to you.  Right now you have a lot of manual work, keeping track of expenditures and then entering the, every day. The great thing about switching to a habit where you pay for everything using a debit or credit card is that you can skip the manual entry by importing your transactions from your bank. You mention that your bank doesn't allow for exporting. There's still a chance that your bank can connect with a solution like Wave Accounting (http://www.waveaccouting.com), which is free and made for small business accounting. (Full disclosure: I represent Wave.) If your current bank doesn't permit export or connections with Wave, it may be worth switching to a different bank. It's a bit of a pain to make the switch, I know, but you really will save a massive amount of time and effort over the course of the year, as well as minimize the risk of human error, compared to entering your receipts on a daily basis. In Wave, you can still enter all of your cash receipts manually if you want to continue with your current practice of cash payments. One important thing to mention, too: If you're looking for a better way of doing things, make sure it includes proper backup. There would be nothing worse than entering all that data onto a spreadsheet and then something happening to your computer and you lose it all.  Wave Accounting is backed up hourly and uses bank-level security to keep your information safe. One last thing: as I mention above, Wave Accounting is free.  So if it is a good match for your small business accounting needs, it will also be a nice fit for your wallet."}
{"text": " Having 401k or HSA is not income and doesn't trigger filing requirements. Withdrawing from 401k or HSA does. Also, in some States, HSA gains are taxed as investment income, so if you have gains in an HSA and you're a resident of such a State - you'll need to file a State tax return and pay taxes on the gains."}
{"text": " Good health is only partly luck. Eating right, exercise, moderate drinking, getting vaccines, and not smoking are all choices that make a huge impact. Sure there are just people with bad genes but for the average person those choices make a bigger difference."}
{"text": " \"Pete B mentioned adjusting your payments using the Debt Snowball Method and I agree it is one possible solution, another being the Debt Avalanche Method. Here is a link that describes both.  There was a time in my past when I had 17 credit lines open totaling about $12,000. If I had paid them the way the banks asked (minimum monthly payments) it would have taken decades to pay off. Then I was shown these two techniques and as a result I was able pay them down rapidly and close all but 2 lines within 5 years. Like others I am going to say that if you already own your house free and clear never Never NEVER put a loan on it unless the loan is (a) to improve the house, or (b) a life & death emergency. If you get sick or fired and miss even a single payment on a HELOC you could lose your house forever and that just plain sucks. Not only will you then be forced into renting a place (money down the drain) but your credit rating will take such a huge hit it will be years (if ever) before you can even try and buy a new home.  Debts come and go, as do the \"\"toys\"\" and other things we buy with that debt. Homes are security & stability for tomorrow. Never give that up for a little ease & comfort today. UPDATE: I had to go looking for it but here is some software that I used all those years ago to figure out my strategy for paying down all my credit bills. It's a bit clunky but it's super easy to use plus it has some other variations on snowball and avalanche methods as well. I definitely found it helpful.\""}
{"text": " \"actually, the labor theory of value is based on the \"\"socially necessary labor time\"\", a sort of societal average of the amount of labor necessary to produce something (including the labor already included in raw materials, etc.)  So if someone produces some commodity more or less quickly than their competitors, the goods still have the same value, (unless/until that average changes,) and that producer's costs will simply be above or below the average, leading to increased/decreased profits compared to their competitors.  So your criticism is not only rather uninformed, its actually pretty central to how Marxists explain the drive for increased production efficiency (through capital investment, new management techniques, etc.)\""}
{"text": " Get really good at Excel.  Make it a goal to have it become a specialty of yours.  Practice the basics, learn to create models, read books on it, watch videos etc.  As far as publications, just try and get to the usual suspects on a daily basis.  WSJ, Economist, CNN Money, Yahoo Finance, Seeking Alpha, etc."}
{"text": " \"Well, the real problem here is that when the government (or really any entity) controls education (especially on a widespread but centralized basis) it means that everyone is trained to think alike.  And as the saying goes: when everyone is thinking the same thing... no one is really thinking at all.  Education is inherently a system of indoctrination (doctrine = \"\"teaching\"\") -- that's really NOT a radical statement, nor is it some \"\"conspiracy theory\"\" -- it's really just tautological, saying the same thing in two different forms (though obviously one seems more ominous than the other).  For example when people talk about the need for kids to be \"\"properly socialized\"\" via attending public schools -- what they are really saying (whether they realize it or not) -- is that they believe ALL children should be \"\"molded\"\" into accepting &amp; regurgitating the *currently dominant* socio-political dogma.  Far from creating critical thinkers, or from promoting \"\"diversity\"\", it really achieves the opposite, facilitating a mindless conformity (which ironically *might* even include a \"\"rebellious\"\" conformity, though it remains a conformity nonetheless) -- what is lost is truly innovative independent minds. *(And the proof of this will be demonstrated by the \"\"herd/hivemind\"\" that will downvote this post.)*\""}
{"text": " They're not going to do anything about it. Washington needs the debt wheel to keep spinning, or the Dollar will lose its position as the Reserve Currency. Then all hell would break loose. Powerful countries like Japan are going to have to take the initiative. And apparently they are starting to. It has to be countries like Japan because if a weak country tries this, they'll get invaded."}
{"text": " This is what happens when reform is done through the agencies rather than legislation, it can change with a new president.   Obama's legacy is going to be that almost everything he did was reverted in Trump's first year of office.  Really the only thing that might last is Obama care and they are pushing hard to get rid of it."}
{"text": " If you are trading CFDs, which are usually traded on margin, you will usually be charged an overnight financing fee for long positions held overnight and you will receive an overnight financing credit for short positions held overnight. Most CFD brokers will have their overnight financing rates set at + or - 2.5% or 3% from the country's official interest rates. So if your country's official interest rate is 5% and your broker uses + or - 2.5%, you will get a 2.5% credit for any short positions held overnight and pay 7.5% fee for any long positions held overnight. In Australia the official interest rate is 2.5%, so I get 0% for short positions and pay 5% for long positions held overnight. If you are looking to hold positions open long term (especially long positions) you might think twice before using CFDs to trade as you may end up paying quite a bit in interest over a long period of time. These financing fees are charged because you are borrowing the funds to open your positions, If you buy shares directly you would not be charged such overnight financing fees."}
{"text": " Incorporating your business  The LLC can be formed within just 24 hrs from the time of submitting of the form. It mainly includes all the business presence packages which is very much important for doing Incorporating your business so that the business can able to setup and startup very easily and quickly. It also help in protecting the assests and other liabilities that are the part of the Delaware llc."}
{"text": " Someone else might be able to provide more details - but generally yes, of course.  International corporations can pursue debt collection across borders - whether or not they do is a matter of convenience rather than law.  My understanding is that a company's ability to report on your credit report is dependent on their membership in Equifax, USA etc. - so while most of your credit is country by country, international companies or companies with any relationship in other countries can follow you cross-border if they find out your new address and report the debt w/ that address.  Since virtually every major company has some American affiliate, I wouldn't hold my breath that you can escape it indefinitely ESPECIALLY since you don't already have the debt, and have the power to actually pay for the service that you're using.  Also - this is an incredibly scummy thing to do, and no matter how you dress it up as a financial decision it's just theft. Would you leave the country without paying your landlord? Without paying for groceries or other physical goods? Why is stealing from a telecom company any different?"}
{"text": " You need to know that the loan will cost you additional money every month. You need to know how you are going to pay that overhead in addition to what you're already paying. The best answer is to reduce your spending to build up a reserve you feel comfortable with, and then NOT spend that reserve except in emergencies. If you need a short-term answer, I'd suggest borrowing from relatives. Failing that, I'd suggest talking to a bank about establishing a line of credit but NOT drawing upon it until and unless you have Absolutely No Other Choice. That gives you a preapproved option when you need it at (usually) a much, much better rate than credit cards... without costing you anything until and unless you actually do need the money, and (if you don't have it set up to kick in automatically on overdrafts) without making it so easy to get to that you're tempted to use it before you must."}
{"text": " solidcopy, my point was that during the 4 transitions listed above, people had the same fears as you do today. What would all the horse workers do? What would the whaling industry do? That would the secretarial industry do? What would the switch board operating industry do? Society as a whole has benefitted.    1. With cars, you can now travel faster and longer than a horse and its much cleaner.   2. With incandescent light bulbs, you now have better lighting and you don't have to kill whales for it.   3. With computers, you have the ability to communicate with people from all over the world and our productivity, entertainment, and lives are better than ever.   4. With automatic telephone switch boxes, long distance calls now cost nothing when we used to be charged upwards of 10 dollars a minute.    All those people eventually found other jobs. There isn't a society of unemployed horse people, whaling people, secretaries, or switch box operators. They were all able to transition."}
{"text": " I think the answers you're going to receive are all going to be a bit subjective. Looking at it from a high-level point of view, having this budget nailed down lets you analyze: Now you've got your budget, stick to it! This is really the most important part. You've done your homework, now make sure you don't exceed it without a good reason. If you're under budget in any given month, have a plan on what to do with the excess funds. If you go over budget on a certain area, you can react accordingly.  I, personally, recommend hiring a financial planner. Ours has been a huge help with looking further down the line than we had been originally. If you show up to your first meeting with an FP and have this budgetary breakdown ready to go, you'll probably get a high-five. Well done, you!"}
{"text": " If you put it in a normal account it is (1) taxed as ordinary income now and then (2) any growth is taxed again at the capital gains rate.  Additionally, (3) any dividends will be taxed each year.  If you put it in a 401(k), you will only be taxed once, at the ordinary income rate.   Mathematically, if you start with X and have a regular tax rate of t and capital gains rate of g and your investments return r and there are n years to retirement, then your total wealth if you put it in a mutual fund (ignoring annual taxes on dividends) will be While if you used a 401(k) it would simply be The whole g term (along with any annual taxes on dividends) is gone in the second case and that's potentially a lot of taxes.  The 401(k) is much better in terms of total wealth unless tax rates dramatically rise between now and when you retire so that the t in the second case is much higher than in the first. This is virtually never the case for people retiring now.  Of course, what tax rates the future holds, we do not know."}
{"text": " \"Yes, almost always. I trade some of the most illiquid single stock options, and I would be absolutely murdered if I didn't try to work orders between the bid/ask.  When I say illiquid, I mean almost non-existent: ~50 monthly contracts on ALL contracts for a given underlying.  Spreads of 30% or more. The only time you shouldn't try to work an order, in my opinion, is when you think you need to trade immediately (rare), if implied volatility (IV) has moved to such a degree that the market makers (MM) won't hit your order while they're offering fair IV (they'll sometimes come down to meet you at their \"\"real\"\" price to get the exchange's liquidity rebate), or if the bid/ask spread is a penny. For illiquid single stock options, you need to be extremely mindful of implied and statistical volatility.  You can't just try to always put your order in the middle.  The MMs will play with the middle to get you to buy at higher IVs and sell at lower. The only way you can hope that an order working below the bid / above the ask will get filled is if a big player overwhelms the MMs' (who are lined up on the bid and ask) current orders and hits yours with one large order.  I've never seen this happen. The only other way is like you said: if the market moves against you, the orders in front of yours disappear, and someone hits your order, but I think that defeats the intent of your question.\""}
{"text": " **Here's a sneak peek of /r/greed using the [top posts](https://np.reddit.com/r/greed/top/?sort=top&amp;t=year) of the year!**  \\#1: [Donald Trump set to completely scrap US consumer protection agency, says man expected to lead it - Former Texan Congressman says his Republican colleagues want the Consumer Financial Protection Bureau to be completely dismantled \u2022 r/CornbreadLiberals](https://np.reddit.com/r/CornbreadLiberals/comments/5zix4u/donald_trump_set_to_completely_scrap_us_consumer/) | [2 comments](https://np.reddit.com/r/greed/comments/5zixub/donald_trump_set_to_completely_scrap_us_consumer/)   \\#2: [GOP lawmakers snap up surging health insurance stocks as they gut Obamacare](https://boingboing.net/2017/07/08/the-stock-act.html) | [0 comments](https://np.reddit.com/r/greed/comments/6m8t10/gop_lawmakers_snap_up_surging_health_insurance/)   \\#3: [Wells Fargo fired 5,300 workers for illegal sales push. Executive in charge retiring with $125 million.](https://www.washingtonpost.com/news/wonk/wp/2016/09/13/wells-fargo-fired-5300-workers-for-illegal-sales-push-executive-in-charge-retiring-with-125-million/) | [4 comments](https://np.reddit.com/r/greed/comments/52kbr8/wells_fargo_fired_5300_workers_for_illegal_sales/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/6l7i0m/blacklist/)"}
{"text": " Yes and very very few people get accepted to those prop shops. I work at one of the ones you listed and this year we didn't even bother looking at applicants with under 3 years of trading.    And even with bonus, this year many people are not hitting 100k for first years. Before it was true, but not that much anymore."}
{"text": " Source:  20 years self-employed, 35 employees.  A good lawyer is CHEAP.  They will write the appropriate letters, which don't cost much, but they have teeth behind them if the client still refuses to pay.  People snap to attention when a lawyer gets involved.  Stay away from collection agencies.  Dealing with the lawyer is quick, cheap, and efficient."}
{"text": " Bitcoin prices are likely rising as a result of the simple issue of supply and demand.  Supply is constrained as there aren't much in the way of new bitcoins coming into existence, and demand is high right now as a result of various events. For example, this Reuters article goes into some detail as to some current influences.  Mostly, crypto-hedge funds are buying a lot of bitcoins as a speculative move (i.e., believing the price will continue to rise).   The evidence suggests that few of the users are buying bitcoin to use it as a means of exchange, but are speculating to increase their capital. Many describe the bubble as similar to the Tulip craze in seventeenth century Holland; from the same Reuters article: \u201cIt\u2019s got all the shapings of your tulip bubble chart (but) that tells you nothing about where that price line could go depending on the number of people who wish to own it,\u201d Standard Life\u2019s head of investment strategy, Andrew Milligan, said on Wednesday. \u201cWho is to say it doesn\u2019t reach $100,000?\u201d You can see in the volume chart from blockchain.info that the trading volume for bitcoins has really increased - and if you look at the market price, you see a very similar movement. However, if you look at the number of transactions per day, that number is basically constant - meaning the actual uses of bitcoins by people just buying or selling goods or services isn't really changing much, but the dollar amount is.  That's indicative of a speculation-caused bubble. Below is a graph I made from the data from blockchain.info above that overlays price with trading volume; you can see clearly the increase in volume and increase in price are nearly simultaneous.  Bitcoin itself has some actual utility, mostly for black market sellers and similar people participating in activities that are less than legal (not necesesarily ethically bad, for example people in nations with oppressive regimes that limit contact with the outside world or try to restrict foreign currency purchases).  It's unlikely that the degree of adoption so far however has driven it to this level, and the fact that bitcoin can be broken up into very small chunks means that the big boom in price of individual bitcoins causes the demand-side pressure from the actual use of bitcoins to be alleviated (as there is now 1/10th the demand for bitcoins from people who use them for non-speculative reasons)."}
{"text": " Check with you local bank where you have an account. Sometimes they can offer a discount that results in a good rate.  I just refinanced a month ago with Bank Of America and their rates were very competitive.  What set them aside from the rest was their low closing fees. Otherwise I would shop around on bankrate.com and it will show you results of both local and online mortgage brokers.  It will list the rates and expected fees.  The also list an average national rate so you can compare the rate you are considering and see if there could be a better deal elsewhere."}
{"text": " If its JavaScript-based you can check the source code to see if any messages are being sent, again this doesn't mean the code's malicious.  if there's any type of form submission you can't tell.  You could always implement it yourself, SHA1 is publicly accessible although not the easiest algorithm to build."}
{"text": " \"You need to have 3 things if you are considering short-term trading (which I absolutely do not recommend): The ability to completely disconnect your emotions from your gains and losses (yes, even your gains but especially your losses). The winning/losing on a daily basis will cause you to start taking unnecessary risk in order to win again. If you can't disconnect your emotions, then this isn't the game for you.  The lowest possible trading costs to enter and exit a position. People will talk about 1% trading costs; that rule-of-thumb doesn't apply anymore. Personally, my trading costs are a total 13.9 basis points to enter and exit a $10,000 position and I think it's still too high (that's just a hair above one-eighth of 1% for you non-traders).  The ability to \"\"gut-check\"\" and exit a losing position FAST. Don't hesitate and don't hope for it to go up. GTFO. If you are serious about short-term trading then you must close all positions on a daily basis.  Don't do margin in today's market as many valuations are high and some industries are not trending as they have in the past. The leverage will kill you. It's not a question of \"\"if\"\", it's a when.  You're new. Don't trade anything larger than a $5,000 position, no matter what. Don't hold more than 10% of your portfolio in the same industry. Don't be afraid to sit on 50% cash or more for months at a time. Use money market funds to park cash because they are T+1 settlement and most firms will let you trade the stock without cash as long as you effect the money market trade on the same day since stock settlement is T+3.\""}
{"text": " I place 90% of the blame on Carly, and then the board: that bitch was primed by her contract to gut and fillet the company.  When a board links a CEOs remuneration to annual profit, it makes unscrupulous individuals do things which have clear and obvious negative long term impacts, but which will hike the annual profit for THIS year and another YEAR or so, but then turn badly negative.  Because Carly is a little bitch, and wanted to extract as much money as was humanly possible from her position at HP, she embarked on the most disastrous set of actions possible.  The direct result is what we see now.  CEO compensation should NEVER be linked to profitability for an individual year, but to their performance throughout their tenure, and then beyond.  It's my belief a CEO should take a base salary of no more than 50 times the MEAN worker's salary is. NOT the average. Because that simply encourages the board to enrich the management team, rather than the workers.  If the company is profitable for a single year, CEOs should receive a large bonus - say no more than 20 times the MEAN salary at the company.  AND 3 years AFTER the CEO leaves, he'd be entitled to another round of payments base on long term performance of the company. This means CEOs have a duty and a very large responsibility to ensure that their replacement is actually a better CEO than they are!  When board members leave, there's no incentive to them personally, to ensure their replacement is even capable, let alone excellent.  The other issue I have with CEOs is their stock options, or stock grants. I believe all companies should have strict rules about stock ownership by the board. They must own a certain number of shares, and those shares must be purchased before they join the board, and demonstrably NOT by any mechanism which the company pays for.  Directors and officers with no personal investment interest in the performance of the company are a concern."}
{"text": " \"got asked a similar question to this... \"\"how many tennis balls can fit in an suv?\"\".  I found these tough, as its hard to calculate the area of spheres on scratch paper (4/3pi r^3). Got any tips?\""}
{"text": " Unless you are getting better than a 2.95% return on that money market account. Pay cash. That's the purely logical way to make the decision. However if it were me I'd pay cash anyway just because I like the idea of not owing money and having the hassle of dealing with a payment every month."}
{"text": " Well for a start funds don't pay interest.  If you pick an income-paying fund (as opposed to one that automatically reinvests any income for you) you will receive periodic income based on the dividends paid by the underlying stocks, but it won't be the steady predictable interest payment you might get from a savings account or fixed-rate security. This income is not guaranteed and will vary based on the performance of the companies making up the fund. It's also quite likely that the income by itself won't cover the interest on your mortgage.  The gains from stock market investment come from a mixture of dividends and capital growth (i.e. the increase in the price of the shares).  So you may have to sell units now and again or cover part of the interest payments from other income. You're basically betting that the after-tax returns from the fund will be greater than the mortgage interest rate you're paying.   3 facts: If you're comfortable with these 3 facts, go for it. If they're going to keep you awake at night, you might not want to take the risk."}
{"text": " Large volume just means a lot of market participants believe they know where the stock price will be (after some amount of time).  The fact that the price is not moving just means that about 50% of those really confident traders think the stock will be moving up, and about 50% of those really confident traders think the stock will be moving down."}
{"text": " &gt;Perhaps you are confusing Costco with Sam's club?  Nope.   And I have no need to correct this problem. Means nothing to me. And I'm not really the type to stick my nose into other people's business. If they need to know, they can ask. In either case, I'm still a loyal customer.   Additionally, it's very hard to find good help where I live. Too many jobs, not enough people. I know how much some of these business struggle to find and keep people."}
{"text": " A credit card can be a long running line of credit that will help to boost your FICO score.  However if you have student loans, a mortgage, or car payments those will work just as well. If you ever get to the point where you don't have any recent lines of credit, this may eventually end up hurting your score, but until then you really don't need any extras."}
{"text": " Hate that place. Took my daughter there for lunch on a Saturday, the place was fairly empty yet they had every TV on and the volumes cranked to the max like the entire room was full of football fans. I get it, the place is for sports fan, but come on."}
{"text": " Bargain Bins is an affordable bin provider operating in some major cities across New Zealand. Along with bins and skips, they also provide transport for all kinds of waste, such as concrete, soil and green waste. Their bins come in a range of sizes and can be hired for as long as you need. Order a bin and they\u2019ll deliver it to your door \u2013 easy!"}
{"text": " MyDeals247 is the world\u2019s first personalized eCommerce platform - post your request (on what you want) - it creates healthy competition among the local sellers and brings the top 5 lowest offers for the buyer request real-time - you can buy or sell any items in your local area - totally customised to your own personal needs."}
{"text": " The optimal down payment is 0% IF your interest rate is also 0%. As the interest rate increases, so does the likelihood of the better option being to pay for the car outright. Note that this is probably a binary choice. In other words, depending on the rate you will pay, you should either put 0% down, or 100% down. The interesting question is what formula should you use to determine which way to go? Obviously if you can invest at a higher return than the rate you pay on the car, you would still want to put 0% down. The same goes for inflation, and you can add these two numbers together. For example, if you estimate 2% inflation plus 1% guaranteed investment, then as long as the rate on your car is less than 3%, you would want to minimize the amount you put down. The key here is you must actually invest it. Other possible reasons to minimize the down payment would be if you have other loans with higher rates- then obviously use that money to pay down those loans before the car loan. All that being said, some dealers will give you cash back if you pay for the car outright. If you have this option, do the math and see where it lands. Most likely taking the cash back is going to be more attractive so you don't even have to hedge inflation at all. Tip: Make sure to negotiate the price of the car before you tell them how you are going to pay for it. (And during this process you can hint that you'll pay cash for it.)"}
{"text": " #####&amp;#009;  ######&amp;#009;  ####&amp;#009;  [**Comparison of the health care systems in Canada and the United States**](https://en.wikipedia.org/wiki/Comparison%20of%20the%20health%20care%20systems%20in%20Canada%20and%20the%20United%20States): [](#sfw)   ---  &gt;__Comparison of the health care systems in Canada and the United States__ is often made by government, [public health](https://en.wikipedia.org/wiki/Public_health) and [public policy analysts](https://en.wikipedia.org/wiki/Public_policy_analyst).     The two countries had similar [health care systems](https://en.wikipedia.org/wiki/Health_care_system) before Canada changed its system in the 1960s and 1970s. The United States spends much more money on health care than Canada, on both a per-capita basis and as a percentage of GDP.  In 2006, per-capita spending for health care in Canada was US$3,678; in the U.S., US$6,714. The U.S. spent 15.3% of GDP on health care in that year; Canada spent 10.0%.  In 2006, 70% of health care spending in Canada was financed by government, versus 46% in the United States. Total government spending per capita in the U.S. on health care was 23% higher than Canadian government spending, and U.S. government expenditure on health care was just under 83% of total Canadian spending (public and private) though these statistics don't take into account population differences.   &gt;====  &gt;[**Image from article**](https://i.imgur.com/TEekEH4.png) [^(i)](https://commons.wikimedia.org/wiki/File:United_States_Health_Gross_Care_Expenditures_\\(1960_to_2008\\).png)  ---  ^Interesting: [^Single-payer ^health ^care](https://en.wikipedia.org/wiki/Single-payer_health_care) ^| [^Patient ^Protection ^and ^Affordable ^Care ^Act](https://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act) ^| [^Health ^insurance](https://en.wikipedia.org/wiki/Health_insurance) ^| [^Health ^care ^in ^Canada](https://en.wikipedia.org/wiki/Health_care_in_Canada)   ^Parent ^commenter ^can [^toggle ^NSFW](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+ck3rrwd) ^or[](#or) [^delete](http://www.np.reddit.com/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+ck3rrwd)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)"}
{"text": " People can lie, documents can be falsified, details can be omitted, etc. People will go through a lot to make $92,000.  Why doesn't she provide her brother with the necessary funds? If it's such a great investment, it will pay off right? And she's a rich celebrity too?  I know so little about your situation but the little I know doesn't add up."}
{"text": " &gt; ...if we can't trust people to know what they want...  I'm not saying people don't know what they want.  I am saying what people want is easy to influence and every large, successful company does so.  &gt; When you say that not being able to resist buying skittles is a serious problem, while there are still people living on the streets, I think you need some perspective.  I think both problems have the same issues at their core -- what is best for corporate America is not always what is best for the greater good.  &gt; I'd wager that what you're seeing as you get older is the poverty trap...  No, what I see is that people solve problems as best they can with the tools they have learned. People make bad choices because they have an incomplete and/or bad assortment of tools to use.  For example, someone might be worse off in life because he/she never learned the value of good organization skills.  Another example is one person in a couple being unable to trust his/her partner because everyone before was untrustworthy.  &gt; ...which is caused by barriers to expanding earnings...  Just had to throw your primary assertion back in, didn't ya? /grin  &gt; I'd still like to know whether you believe you yourself need to be protected from these marketing practices...  I do believe I need protection from company marketing practices.  I also believe I need protection from their products, influences on the market, environmental impacts, and employee treatment.  FYI, I don't believe impulse buying racks at stores should be illegal but I do think it is a great illustration of how a company caters to needs that are different than our true innate needs."}
{"text": " If the trend in Sears' net income stays the same, shares should get low enough they could acquire it at a steal. Then again, if brick and mortars like Sears is following the same trend, why would Amazon jump in?"}
{"text": " I will be messaging you on [**2021-06-15 14:54:56 UTC**](http://www.wolframalpha.com/input/?i=2021-06-15 14:54:56 UTC To Local Time) to remind you of [**this link.**](https://www.reddit.com/r/finance/comments/6cvvei/a_hedge_fund_manager_is_supporting_a_free_masters/dixuco3)  [**CLICK THIS LINK**](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[https://www.reddit.com/r/finance/comments/6cvvei/a_hedge_fund_manager_is_supporting_a_free_masters/dixuco3]%0A%0ARemindMe!  4 years ) to send a PM to also be reminded and to reduce spam.  ^(Parent commenter can ) [^(delete this message to hide from others.)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Delete Comment&amp;message=Delete! dixvaea)  _____  |[^(FAQs)](http://np.reddit.com/r/RemindMeBot/comments/24duzp/remindmebot_info/)|[^(Custom)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=Reminder&amp;message=[LINK INSIDE SQUARE BRACKETS else default to FAQs]%0A%0ANOTE: Don't forget to add the time options after the command.%0A%0ARemindMe!)|[^(Your Reminders)](http://np.reddit.com/message/compose/?to=RemindMeBot&amp;subject=List Of Reminders&amp;message=MyReminders!)|[^(Feedback)](http://np.reddit.com/message/compose/?to=RemindMeBotWrangler&amp;subject=Feedback)|[^(Code)](https://github.com/SIlver--/remindmebot-reddit)|[^(Browser Extensions)](https://np.reddit.com/r/RemindMeBot/comments/4kldad/remindmebot_extensions/) |-|-|-|-|-|-|"}
{"text": " Tampa Technology Co., LTD is a leading supplier of small engine parts from China. We always provide our customers with the highest quality products and the best service. Over the years, our products have been highly appreciated in the world, especially by the customers from the United States and Europe."}
{"text": " \"Let's imagine an economy where 100% of wealth creation comes from existing financial assets and 0% comes from new wealth creation. That would essentially be a dead economy. I don't think it matters what your philosophy on economics is--that's a bad outcome. If you don't agree with that point we'll stop here. Note, if you don't think it's bad for this to keep going higher, Japan is at about 80% and we know how they're doing.  If you agree 100% would be bad then we're 70% of the way there in the US. Trump's tax plan, if enacted, would push us even further. The question we should be asking is what is a reasonable way to encourage NEW wealth creation rather than protect and preserve existing wealth. For starters, it makes little sense to have a preferential tax rate for capital gains/dividends/estates as compared to earned income. Even if you just hate taxes and want them all to be gone I think it's fairly easy to say IF we're going to have taxes they should not favor income/transfer from existing financial assets as compared to earned income.  A much more reasonable way to approach this is to say, we have a lot of concentration of financial assets in the top decile of wealth spectrum. Let's just level the tax rate so that income from financial assets is taxes at a similar rate to income from work. That's not even an \"\"eat the rich\"\" proposal, it's just a \"\"eat everyone equally\"\" proposal. All it would do is tax the very substantial gains in stocks at the same rate as the very meagre (median) gains from working.  The fact that taxing income from financial assets at the same rate as work is a controversial idea is, to me, emblematic of a government completely captured by wealthy interests.\""}
{"text": " Here's my take: 1) Having a car loan and paying it on time helps build credit. Not as much as having credit cards (and keeping them paid or carrying balance just enough to be reported and then paying it), but it counts. 2) Can't you set in your bank, not the lender, something to pay the car automagically for you? Then you will be paying it on time without having to think on it. 3) As others said, do read the fine print."}
{"text": " \"As foundational material, read \"\"The Intelligent Investor\"\" by Benjamin Graham.  It will help prepare you to digest and critically evaluate other investing advice as you form your strategy.\""}
{"text": " Clutch Bags is the top quality manufacturer and seller of all kind bags in the United States. Nowadays, what with cell phones, wallets and other necessities, it's much more difficult to go out with a tiny bag. So you should use the Clutch purse,  which is can cover your small product. We have a great range of bags such as Best design bag, handmade clutches with interesting styles are all available on our company website."}
{"text": " CreditKarma review I don't personally use HelloWallet, but I have also heard very good things about it. Independence from financial products is a HUGE thing in the field because so many investment advisers place the firm before the customer (c.f. Too Big To Fail), so having an independent resource is a huge benefit."}
{"text": " \"It's like you're talking about a different article.  I wonder if you read it at all.  He doesn't talk about discrimination and he doesn't suggest discriminating against top schools at all.  What he says is simple:   &gt; Don't hire someone on the basis of his or her educational institution. [...] Instead, hire on the basis of class rank, even if--no, especially if--the person is not from one of the more prestigious institutions.  This should be completely clear and I have no idea how you got the impression that he's trying to prove that \"\"Harvard kids are dumb\"\".    Might I ask which school you personally went to?\""}
{"text": " I'd go with 19.99 free shipping if you can. Especially with stuff like Amazon Prime people hate paying for shipping nowadays and they'll just look for your product or something similar where it ships free.  If you can take the $2 haircut 19.99 is a much nicer sounding number to people."}
{"text": " If they default and try to stay in the Euro, they will be shut out of any chance of financing but they will be obliged to conduct business in a currency that they cannot afford. Their businesses will close, unemployment rise until they have no option to stay in the Euro.   Instead of that, they will reissue the Peseta, Lira, Drachma, etc. and then devalue. That will allow their real estate, tourism and manufacturing to be very competitive. If they could stay in the Euro after default they would starve, but I don't think they could stay, even if they wanted to because they'd be expelled by Germany.   Here is [Gonzalo Lira's suggestion as to how Spain should have already left the Euro](http://gonzalolira.blogspot.com/2012/04/will-there-be-corralito-in-spain.html)"}
{"text": " You won't be able to avoid the $800 fee. CA FTB has a very specific example, which is identical to your situation (except that they use NV instead of AZ), to show that the LLC has liability in California. State of formation is of no matter, you'll just be liable for fees in that state in addition to the CA fees. This is in fact a very common situation (that's why they have this as an example to begin with). See CA FTB 568 booklet. The example is on page 14. I suggest forming the LLC in AZ/CA and registering it as a foreign entity in the other state (AZ if formed in CA, the better option IMHO, or CA if formed in AZ). You'll have tax liability in both the states, AZ taxes can be credited towards the CA taxes. Instead of forming LLC, you can cover your potential liability with sufficient insurance coverage."}
{"text": " I was never trying to prove that negative returns are good. They are devastating for HF, much more than for long only houses (in a downmarket).   My issue is people on Reddit comparing HF performance to S&amp;P. The article talks about the comparison as well."}
{"text": " Loose your weight without hitting the heavy machine on gyms, just get one Diet pills, which reduced extra fat from your body and give you the instant result within some weeks. Envyzen offers you worlds best first class diet supplement and Oxy Burn Diet pills online, which gives you muscle body and reduced, increase energy. Along with all these health supplements, we have also life many more products like hair and beard, detox, women health and skin care products for women. For further information about our products and health supplements feel free to get in touch with us."}
{"text": " \"&gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __speedboat__ because of that?   Yup.  &gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __really fast car__ because of that?   Yup.  &gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __mansion__ because of that?   Yup.  &gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __Caribbean island__ because of that?   Yup.  &gt; Some people will always be at the bottom of the class pyramid though. Should they be unable to have a __family__ because of that?   Yup.  \"\"But I *reeeeeeeeeeeeeeeeeeally* want one!\"\" doesn't work for ponies, and it shouldn't work for babies, either.  I consider myself a socialist, mostly, but *fuck* people who try to hold my ethics to ransom by having kids they can't afford to have.\""}
{"text": " From my limited experience, having taken a class on Bankruptcy in order to become a paralegal, Chapter 11 is the portion of the Bankruptcy Code that allows certain corporate entities to reorganize. Basically, the entity files for bankruptcy protection to halt credit collections or any number of reasons, and then work with the courts to get out. If the entity can put together a reasonable sounding restructuring plan, the court may allow them to do it. A restructuring plan essentially is a plan of who to pay back, when, and by what means (this is seriously a simple explanation, it's much more complex than this). So if the Court approves the plan, the entity will attempt to carry it out and come out of bankruptcy several years down the road in a more solvent position. If the Court rejects the plan or the plan fails, then the entity has to then engage in Chapter 7 proceedings (selling assets to pay off debts)."}
{"text": " You will be best to cancel the original instruction first, as you will have to wait for any pending payments to be received, as the banks will not entertain multiple refunds. After this can be confirmed the account will simply show a credit which you ask for.  Many lenders/banks process these type of transactions after a period of time ie 30 days and there will be no way to speed this up, so the sooner you act the better.  When you contact the bank have bank details for the payment(they might transfer externally fingers crossed), or you may receive a cheque in the post.  Try to avoid complicating the matter with changes of address and ringing before you have cancelled the instruction etc if possible."}
{"text": " \"Its really, really good of you to admit your short comings with a desire to improve them.  It takes courage.  Keep in mind that most of us that answer questions here are really \"\"good at money\"\" so we have a hard time relating.  Would you want people that are bad with money answering questions on a personal finance site?   While it is intimidating you will need a budget.  A budget is simply a plan for how to spend your money.  Your budget, based on your new pay frequency, will likely also need some cash flow planning as a single paycheck is unlikely to cover your largest expenses.  For example your rent/mortgage might be less than a single paycheck so you will have to save money from the previous paycheck to have enough money to pay it.   Your best bet is to have a friend or relative that is good with money help you setup a budget.  Do you have one?  If not you might inquire about a church or organization that offers Financial Peace University.  The teachers of the class often help people setup a budget and might be willing to do so for you.  You could also take the class which will improve your money management skills.  For $100 you'll have a lifetime pass to the class.  If it helps you avoid three late charges/bounce checks then the class is well worth it. Now as far as spending too much money.  I would recommend cash, but you have to do it the right way.  Here is the process that you have to follow to be successful with cash: Doing cash will give you a more concrete example of what spending means.  It won't work if you continue to hit the ATM \"\"for just $20 more\"\".  It will take you a bit to get used to it, but you will be surprised how quickly you improve at managing money.\""}
{"text": " I wish I would have:"}
{"text": " That's the same question I've been pondering.  How did they handle it in Canada umpteen years ago on their test run?   Obviously they're not giving out a lump sum at the beginning of the year, but what about month to month?"}
{"text": " \"It's been a while but I've worked with a few Indians in the past.  One guy was a manager - very smart and a great guy but he micro-managed his people to death - literally checking on them multiple times an hour throughout the day.  Several Americans that worked for him quit because they couldn't take it anymore although the liked him personally.    Then I went to another place that used several H1B programmers and DBAs.  I had to manage a few of them and learned quickly why he worked the way he did.  They were all smart and hard workers but I would give the Indian workers a general task to accomplish and they would always enthusiastically say yes and disappear into their cubicles to work.  I would swing by a few hours later (expecting things to be moving along or done) and would often find that if they had hit a snag, they would stop, sit, and wait for someone to come check on them for further direction.  If they did in fact complete the task, they would still just sit there and wait for me to come check on them to tell me they were done.  It was really crazy.  I also found that even if they had no idea what I wanted, they would say \"\"yes\"\" and go back to their desk, so I had to start having them give me an overview of what they would do to solve the problem before I let them go off and start working.    I assume it's a cultural thing but it drove me nuts until I learned how to keep them moving.    TL;DR: Managing them was like herding cats.\""}
{"text": " No, it means what it says. Prices change, hence price of the derivative can go down even if the price of the underlying doesn't change (e.g. theta decay in options)."}
{"text": " You're still talking about taking loans from banks? As of September, 2011, [Viacom had a Billion. Dollars. **Cash.**](http://finance.yahoo.com/q/bs?s=VIA&amp;annual)   All of the operating expenses, marketing expenses, etc, are coming out of Viacom's coffers. Then they are doing fuzzy math to make sure anyone getting paid off of the *net* gets nothing. This has nothing to do with debt and everything to do with income."}
{"text": " &gt; The ACA was objectively bad for healthcare/insurance companies.   Citation needed.    [In Rare Unity, Hospitals, Doctors and Insurers Criticize Health Bill](https://www.nytimes.com/2017/05/04/health/health-care-bill-criticisms.html?mcubz=0)   Healthcare stocks have been performing just fine for the last 10 years.  In Medicaid Expansion states, the healthcare exchanges have generally stabilized and are serving the public just fine.  Health insurance prices have risen, but they were rising before the ACA as well.  Obamacare wasn't designed to fail.  It was designed to be a first attempt at delivering health insurance to all Americans.  However, like every piece of sweeping legislation, it was probably going to need some legislative tweaks after a few years to address unforseen problems.  They clearly didn't anticipate losing the Medicaid expansion in 25% of states, including many of the poorest, sickest, and most expensive to cover states.  I am still baffled to this day how my own state legislature sleeps at night knowing that they're denying healthcare to our poorest and most vulnerable people because they would rather have some sort of political advantage."}
{"text": " In one of your comments you say: Even if the pharmacy is not in the insurance provider network? This is why you got the check instead of your insurance company. I have Blue Cross/Blue Shield, and recently my wife underwent a procedure in the hospital, where one of the physicians involved was not in my providers network. I got a letter from the physicians office stating that since they are out of network, the standard practice was for BCBS to issue the check to me, rather than to the provider. I received the check and made the payment. The main contention is the difference in price, and that is what you need to discuss with both the pharmacy (actual billing) and your insurance company (paid benefits)."}
{"text": " You're aware there's no such thing as a cheap house in Jersey right? Rental values are listed in price per DAY to make them look less scary.   Also, no, you couldn't. You pay tax in the country you are resident in and the States don't equate property ownership to residency; neither does HMRC.   Interesting side note, in Jersey's neighbour Guernsey you can own a house but not legally be allowed to live in it due to the dual property market."}
{"text": " \"Meh. Do you know how many tens of millions pieces of sensitive information the Gov has 'lost' and nobody batted an eye? LOL.. even the NSA, CIA, etc \"\"lost\"\" ungodly amounts of sensitive information and nobody paid attention. Lol but a private company does it and they will be made an example of (as they should) lol but it's like the pot calling the kettle black\""}
{"text": " That's absurd, it's almost always cheaper for me to pay electronically and never more expensive, across pretty much everything.  Why on earth would they make it more expensive to have to deal with an old, manual process, that costs more to carry out and is more likely to result in a failed payment?"}
{"text": " That's a misrepresentation of my point. I said class warfare was a ruse, not that inequality wasn't real. They are not the same thing.  Class warfare is the deliberate attempt to harm one social group to benefit another, involving theft of resources.  Inequality is simply a description of the allocation of resources without any comment on how or why they are distributed in such a manner."}
{"text": " \"Thanks, but I'm concerned I don't have enough math/programming to do serious quant work. I could learn it for sure, but it'd take some time. So wherever I'd work for would have to be patient with me as I learn. Edit: by \"\"consulting firms\"\", are you talking about, e.g., McKinsey and BCG? I think I must be mistaken - could you offer 1 or 2 examples of such firms?\""}
{"text": " They need to spread the work for all customers over the whole month, and they don't work on weekends. Combine the two, and the rule becomes clear - if months have minimum of N working days, 1/N of all customers gets set on each day. You seem to be on day 5: If the month starts with a Monday, the fifth working day is the 5. (Friday); if there is a Sat or Sun in between, it will be the 6th, and if there is both a Sat and a Sun in there, it will be the 7th. However, the statement itself is not very important at all. It is just the day where they print it on paper (or even only on a PDF). You can see your bank account activity every day 24/7 by checking online, and nothing keeps you from printing it on every 1st of the month if you want (or every day, or whenever you prefer)."}
{"text": " Agreed my friend, and the UK is the country that is the furthest away from the European reality. You have schools charging 1 to 8k for a full years tuition.   I know a case of someone having to sell his home to afford a top MBA in Europe (obviously it paid off), which goes to show how hard for europeans it is to afford US prices for education, meanwhile in the US they just hand it over to you. The problem comes when the Navients of the world come knocking on your door and you can't even save a penny"}
{"text": " They are a complete waste of money, see my answer here for more details."}
{"text": " \"The short answer is \"\"No\"\". There a 2 ways to get cash from a life insurance policy.  If the policy has cash value greater than the surrender value, then the difference can be borrowed, but will generally increase premiums in the future.   The other method, available on many term policies allows the owner to receive part of the death benefit if the insured has a physician willing to certify that he/she will probably pass away within a 12 month period.  Several carriers also offer cash benefits for critical care.\""}
{"text": " \"Dude, SHUT UP. This is not an argument. You are wrong, ignorant and stupid. The fact that you keep bring up the same false narrative DOES NOT make it true. I would gladly continue to explain to you how much of an idiot you are, but, what with your ability to \"\"think critically\"\" as you called whatever is is that seems like rational thought to you (I'm laughing, even as I write that sarcastically, you're just such an idiot), it would be a waste of both of our time.   Feel free to continue to have your backwards ideas of the world. The rest of us will continue our lives happy and not full of hate for another person just because of the way they choose to worship. We understand hoe numbers work. It's great. You should try it, even though I know percentages are a little complicated for your tiny little racist brain.   I would challenge you to go see that Muslim friend you claim to have, and share some of your ideas with him. Show him this thread of trash that you've created. See if he still considers you a friend, if he exists at all.   You can continue sending messages if you'd like. It's DEFINITELY going to convince me that you're not a moron. You're not digging that hole deeper with every ignorant word you say at all. You're totally fooling us.\""}
{"text": " Well, if no one on reddit understands business, asking a question would be kind of futile. It would be guaranteed to be answered by someone that doesn't know business, which isn't exactly practical. (Not saying I agree with /u/illustrationism.)  On a more serious note, I think the biggest problem with asking questions on reddit is not that there's no one that can give a good answer, but that as someone who actually *needs* to ask questions (and therefore not an expert already), it's difficult to separate the wheat from the chaff when people respond. Good moderation or a userbase that is mostly experts can make it much easier."}
{"text": " [Who Killed the USPS?](http://www.theatlantic.com/business/archive/2011/12/who-killed-the-postal-service/249508/?google_editors_picks=true)  &gt;The Postal Service Reorganization Act was intended to transform the mail system from a dysfunctional dumping ground for political patronage into a self-sustaining, independent agency. It was told, in other words, to act like a business. But the politicians never really let it."}
{"text": " \"You didn't win in case B. Borrowing shares and then selling them is known as \"\"selling short\"\".  You received $2000 when you sold short 100 shares at $20.  You spent $1000 to buy them back at $10, so you come out $1000 ahead on that deal.  But at the same time, the 100 shares you already owned have declined in value from $20 to $10, so you are down $1000 on that deal.  So you've simply broken even, and you are still out the interest and transaction fees. In effect, a short sale allows you to sell shares you don't own.  But if you do already own them, then the effect is the same as if you just sold your own shares.  This makes it easier to see that this is just a complicated and expensive way of accomplishing nothing at all.\""}
{"text": " \"did you pull that info from fox or something? please step out of your bubble, visit one of those countries and talk to people living there.  being a german myself, i can assure you our system isnt \"\"crumbling\"\" due to UHC, we had this for decades and as even you might have heard our economy is pretty fine besides the leiharbeit bullshit (the U.S. CEO repeatedly ranted about the german trade surplus on twitter).   granted, ours is one of the most expensive compared to other OECD countries and it could probably made more efficient, but shits made by humans, and those have flaws. its still only about 10% of GDP (pulled from german wiki).  how much did you spend on military again?   ^^^hint: ^^^never ^^^less ^^^than ^^^16%, ^^^usually ^^^around ^^^20%\""}
{"text": " \"Honestly, reddit should just become a non-profit. It's impossible to monetize it to the point of profitability without killing it. Instead of having [dozens of](http://web.archive.org/web/20160109193605/https://www.reddit.com/about/team) largely unnecessary roles like \"\"video producer\"\", \"\"writer\"\", and \"\"Ad Operations Lead\"\", \"\"Sales Operations Lead\"\", and various management roles, go back to the old days of having a small but hyper-focused group of software developers and IT guys running the site. That's how it was when reddit was great. It might even be greater because there won't be outside pressure from advertisers and shareholders trying ruin the community and software.\""}
{"text": " \"The other half of the problem is the \"\"education bubble\"\", people getting degrees because they think they can't get any work without one.  To fix that we need to stop demonizing trade schools and skilled manual labor in general. We have far too many people wanting to run the business and not enough people who want to do the actual work.\""}
{"text": " The turbo kit is mainly used in OEM applications such as Audi. It also has forged mill compressor wheel, which brings numerous benefits to the exhaust. The technology used in the production of the turbos which provides a variety of benefits like reduction in the wheel weight of a reduced compressor, increased strength, and greater surface area of the compressor wheel."}
{"text": " For case 1, there is no tax due as you sold the book for less than your cost basis. If you had sold for more than $100, then you would have had a profit. For case 2, that depends on the value of the gift card with respect to the value of your fare. Most likely that gift card is less than the cost of the fare. And in that case it would generally be treated as a reduction in the purchase price. The same way that rebates and cash back on credit card are treated. Note if for some reason a 1099 was generated that would change the situation and you would need to consult a tax professional. Since that would indicate that the other party to the transaction had a different view of the situation."}
{"text": " I see two advantages to not paying student loan debt off more quickly: For #1, however, there are plenty of other ways to build credit and I don't see this as being worth the downsides of not paying off the debt more quickly. In fact, in the United States student loan debt cannot be written off if you go bankrupt. This is important to know and understand. I would generally advise you to pay down your student loans as quickly as you can reasonably do so."}
{"text": " Markets tend to go up over time, so most things you could buy would make money. A benchmark is meant to represent the market as a whole (or a subset that is relevant to what you are trading), so you can tell if your specific choices helped or hurt your return. As an example, say you pick two financial stocks, Citi and Goldman.  They get you a return of 10% for the year, so you think you made good choices.  But if the financial sector as a whole had a return of 20%, your choices weren't actually that great."}
{"text": " why experts have to claim?  What about that guy who has a family to support with little income. He not only works 7 days a week but also overworks daily.   Don't understand why a statement is bashed into the internet and then shared."}
{"text": " \"This is all well and good, but sometimes you just run into an intractable manager.  There are plenty of managers out there who are both cheap and are generally resistant to budging on negotiations.  In those cases, your \"\"4th best negotiation tip\"\" is to have a best alternative to the job in your pocket.\""}
{"text": " \"Eh. A FICO change is more important than you think.  Underwriting waterfalls almost always include **minimum** FICO scores. This only really becomes important when you get into securitization and the standards (both GSE and Private-Label) required for MBS issuance. Because -- of course -- an underwriter can originate a loan and then hold it it on the books (this is very prevalent in non-conforming Jumbo loans).  That said, if you want to sell the whole loans to a GSE or private label, they have to meet underwriting requirements (Reps &amp; Warranties).   To your original answer: you're right that it probably won't make a difference but not because FICO doesn't matter. Moreso because there are only 9 million potential \"\"borrowers\"\" affected and that 9 million most likely doesn't constitute any real demand for mortgages.  This also ignores the possibility that FICO requirements in underwriting standards adjust to FICO 9; but I really doubt that they will.\""}
{"text": " Let me add another consideration to the company's side of the equation.  Not only is a 401K a tool for the company to make them competitive when recruiting employees among other companies that offer that benefit, it is also a good retention tool. Most company's 401K plans include a vesting period of at least 3 years, sometimes more. An employee that leaves the company before they are vested in the plan will have to give up some % of the employer matched funds in the account. This gives employees incentive to stick around longer and the company reduces the risk of turnover which can be costly in terms of training and recruiting. This also factors into the reason why employers would rather give matching on the 401K than a simple pay raise. Some of those employees are going to leave during the vesting period anyway, and when that happens the employer got the benefit of motivating (extrinsically) the employee, but in the end got to keep some of the money."}
{"text": " &gt; Content providers pay for the right to access the network, just like you or I.  Yes.  They pay. So what are you arguing here?  Some can pay more, some can pay less.  If Netflix wants to use 37% of the total bandwidth in North America at peak times, there's no reason not to charge Netflix more for that service.  It's business."}
{"text": " \"Auto loans are secured agains the car.  \"\"Signature\"\" loans, from a bank that knows and trusts you, are typically unsecured. Unsecured loans other than informal ones or these are fairly rare. Most lenders don't want to take the additional risk, or balance that risk with a high enough interest rate to make the unsecured loan unattractive.\""}
{"text": " The IRS Guidance pertaining to the subject.  In general the best I can say is your business expense may be deductible.  But it depends on the circumstances and what it is you want to deduct. Travel Taxpayers who travel away from home on business may deduct related   expenses, including the cost of reaching their destination, the cost   of lodging and meals and other ordinary and necessary expenses.   Taxpayers are considered \u201ctraveling away from home\u201d if their duties   require them to be away from home substantially longer than an   ordinary day\u2019s work and they need to sleep or rest to meet the demands   of their work. The actual cost of meals and incidental expenses may be   deducted or the taxpayer may use a standard meal allowance and reduced   record keeping requirements. Regardless of the method used, meal   deductions are generally limited to 50 percent as stated earlier.    Only actual costs for lodging may be claimed as an expense and   receipts must be kept for documentation. Expenses must be reasonable   and appropriate; deductions for extravagant expenses are not   allowable. More information is available in Publication 463, Travel,   Entertainment, Gift, and Car Expenses. Entertainment Expenses for entertaining clients, customers or employees may be   deducted if they are both ordinary and necessary and meet one of the   following tests: Directly-related test: The main purpose of the entertainment activity is the conduct of business, business was actually conducted   during the activity and the taxpayer had more than a general   expectation of getting income or some other specific business benefit   at some future time.   Associated test: The entertainment was associated with the active conduct of the taxpayer\u2019s trade or business and occurred directly   before or after a substantial business discussion. Publication 463 provides more extensive explanation of these tests as   well as other limitations and requirements for deducting entertainment   expenses. Gifts Taxpayers may deduct some or all of the cost of gifts given in the   course of their trade or business. In general, the deduction is   limited to $25 for gifts given directly or indirectly to any one   person during the tax year. More discussion of the rules and   limitations can be found in Publication 463. If your LLC reimburses you for expenses outside of this guidance it should be treated as Income for tax purposes. Edit for Meal Expenses: Amount of standard meal allowance.   The standard meal allowance is   the federal M&IE rate. For travel in 2010, the rate for most small   localities in the United States is $46 a day. Source IRS P463 Alternately you could reimburse at a per diem rate"}
{"text": " One piece of information you didn't mention is how much you paid for the original home.  If you hold onto that home for too long you will have to pay capital gains on the difference between sale price and original price. This can be a TON of money, thousands of dollars easily. The rule is: If you lived in a home for 2 out of the past 5 years, you don't have to pay the capital gains tax. So  if you just moved, you have 3 years to sell.  Perhaps as a compromise you can try renting it for 3 years and then selling it a few months before the deadline."}
{"text": " Agree with some of the posts above - Barchart is a good source for finding unusual options activity and also open interest -https://www.barchart.com/options/open-interest-change"}
{"text": " I believe that the same message could be sent without shutting the company and putting thousands of people on unemployment and hurting shareholders. Dissolving the company would only hurt everyone except the people responsible who almost certainly have golden parachutes in their employment contracts.  How about penalizing them by assessing an extra cyber-breach tax on their revenues? Or seizing stock options and assets of the top level execs and only releasing portions after X many months without a security breach? Or use the fines to fund an initiative that companies need to be bonded against data loss with the rates set by security experts doing audits on the companies?  There are plenty of ways to improve the situation without putting them out of business. At the very worst, the company should be put up for sale to be taken over by a holding company that can manage the process of bolstering their security instead of just liquidating assets which would only hurt the innocent bystanders in the incident."}
{"text": " \"For a fight this big it would be done via an escrow account and the terms would be set in advance. There would be no \"\"check\"\" for him to cash. He has no idea what he's saying and this is probably why he is in trouble with the IRS. He is using the same concepts for a $10 doctor's visit copay and applying it to a multimillion dollar contract with giant media conglomerates.\""}
{"text": " Many brokers offer a selection of ETFs with no transaction costs. TD Ameritrade and Schwab both have good offerings. Going this route will maximize diversification while minimizing friction."}
{"text": " Safety shoes were once used by mine workers in South Africa and very few staff across the world. These Shoes were bulky, ugly and were used by men only if they really required strong protection. They come with waterproofing, steel toes, solid leather material to avoid any injuries to the feet. But today, ask any leather safety shoes supplier in Qatar, safety shoes are making fashion statements."}
{"text": " I don't know how taxes work in Israel, but I imagine it is relatively similar to taxes in the US. In the US you need to pay taxes on investment earnings when you sell them or in this case trade them for something of value. The amount that would typically would be taxed on would be the difference between how much you paid for the currency and the value of the item you traded it for.  In theory there shouldn't be any difference in trading bitcoins versus dollars or euros. Reality is that they are rather weird and I don't know what category they would fall into. Are they a currency or a collectors item? I think this is all rather hypothetical because there is no way for any government to track digital currencies and any taxes paid would be based on the honor system.  I am not an account and the preceding was not tax advice..."}
{"text": " I've had the same thoughts recently and after reading Investing at Level 3 by James Cloonan I believe his thesis that for the passive investor you're giving up too much if you're not 100% in equities. He is clear to point out that you need to be well aware of your withdrawal horizons and has specific tactics for shifting the portfolio when you know you must have the money in the next five years and wouldn't want to pull money out when you're at a market low. The kicker for me was shifting your thought to a plotting a straight line of reasonable expectations on your return. Then you don't worry about how far down you are from your high (or up from your low) but you measure yourself against the expected return and you'll find some real grounding. You're investing for the long term so you're going to see 2-3 bear markets. That isn't the the time to get cold feet and react. Stay put and it will come back. The market gets back to the reasonable expectations very quickly as he confirms in all the bear markets and recessions of any note. He gives guidelines for a passive investing strategy to leverage this mentality and talks about venturing into an active strategy but doesn't go into great depth. So if you're looking to invest more passively this book may be enough to get you rolling with thinking differently than the traditional 70/30 split."}
{"text": " If you even qualify for a no-down payment USDA loan, which I'm not sure you would. It would be extremely risky to take on a $250K house loan and have near-zero equity in the house for a good while. If property values drop at all you are going to be stuck in that house which likely has a pretty high monthly payment, insurance, taxes, HOA fees, maintenance costs, etc.  My rule of thumb is that if you can't come up with a down payment, then you can't afford the house. Especially with that much debt hanging over your head already. If one major thing goes wrong with the house (roof, A/C, electrical, etc.) you are going to put yourself in a world of hurt with no clear path out of that financial trap. My suggestion: Keep renting until you have enough money for a downpayment, even if this means downsizing your price range for houses you are considering."}
{"text": " Yes, it is.   The reason they are forced out, is because their homes become so valuable.   If you living in a home that has become worth millions, and can't afford the taxes, then sell up and enjoy your riches.       Should that necessary tax money instead come from the working class, to subsidize millionaires that want to stay in their homes?"}
{"text": " Really all you need to know is that American style can be exercised at any point, European options cannot be exercised early. Read on if you want more detail.  The American style Call is worth more because it can be exercised at any point. And when the company pays a dividend, and your option is in the money, if the extrinsic value is worth less than the dividend you can be exercised early. This is not the case for a European call. You cannot be exercised until expiration. I trade a lot of options, you wont be exercised early unless the dividend scenario I mentioned happens. Or unless the extrinsic value is nothing, but even then, unless the investor really wants that position, he is more likely to just sell the call for an equivalent gain on 100 shares of stock."}
{"text": " Without access to the ATM/debit card and with almost nothing in savings, you will probably have to visit a branch to make a cash deposit. If it is too far to drive you might be able to turn the cash into a money order and mail it to the bank, but I would check with the bank to see if that would work. Of course mail will take a day or two."}
{"text": " December, 9, 2011 (01:30pm) :- December rally comes to be end yesterday. on 1st December Nifty starts with the bullish mark of 5000 but all these rally are hurted by the non -  confidence on the FDI policy in multi brand but little bit effect also comes from the hearing on 2G spectrum case in which our home minister Mr. Chidambaram are on the accused on the trials.  That's why investors are dissatisfy and starts selling on the Nifty.  Our domestic Institutional investors are totally in selling position on 7th December, they sold Rs 190.11 &amp; on 8th December, they are sold Rs 197.51 in stock market.  Nifty have strong support at 4850 above this level it's trend totally bullish side."}
{"text": " The biggest issue is your lack of diversification.  Your real estate investments have performed quite well so far, but you have also likely enjoyed a period of unprecedented growth that is not sustainable. In the long term, stocks have always outperformed real estate investments, which tend to track more closely to the inflation rate. You need more balance for when when the real estate market cools off. You don't mention tax-deferred retirement savings accounts. You should prioritize your attention to these to keep your income tax low. Consider selling one of your investment properties if you can't adequately fund the 401k."}
{"text": " \"Liquidity is highly correlated to efficiency primarily because if an asset's price is not sampled during the time of a trade, it's price is unknown therefore inefficient.  Past prices can be referenced, but they are not the price of the present.  Prices of substitutes are even worse. SPY is extremely efficient for an equity.  If permitted, it could easily trade with much lower ticks and still have potential for a locked market. Ideal exchange An ideal exchange has no public restrictions on trade.  This is not to say that private restrictions would need to be put in place for various reasons, but one would only do that if it were responsible for its own survival instead of being too big to fail. In this market, trades would be approximately continuous for the largest securities and almost always locked because of continuous exchange fee competition with ever dropping minimum ticks. A market that can provide continuous locked orders with infinite precision is perfectly efficient from the point of view of the investor because the value of one's holdings are always known. EMH In terms of the theory the Efficient Market Hypothesis this is irrelevant to the rational investor. The rational investor will invest in the market at large of a given asset class, only increasing risk as wealth increases thus moving to more volatile asset classes when the volatility can be absorbed by excess wealth. Here, liquidity is also helpful, the \"\"two heads are better than one\"\" way of thinking.  The more invested in an asset class, the lower the class's variance and vice versa.  Bonds, the least variant, dwarf equities which dwarf options, all in order of the least variance.  Believe it or not, there was a day when bonds were almost as risky as equities. For those concerned with EMH, liquidity is also believed to increase efficiency in some forms because liquidity is proportional to the number of individuals invested thus reducing the likelihood of an insufficient number of participants. External inefficiency In the case of ETFs that do not perfectly track their underlying index less costs at all times between index changes, this is because they are forbidden from directly trading in the market on their own behalf. If they were allowed and honest, the price would always be perfect and much more liquid than it otherwise should be since the combined frequency of all index members is much higher than any one alone. If one was dishonest, it would try to defraud with higher or lower numbers; however, if insider trading were permitted, both would fail due to the prisoner's dilemma that there is no honor among thieves.  Here, the market would detect the problem much sooner because the insiders would arbitrage the false price away.   Indirect internal efficiency Taking emerging market ETFs as an example, the markets that those are invested into are heavily restricted, so their ETF to underlying price inefficiencies are more pronounced even though the ETFs are actually working to make those underlying markets more efficient because a price for them altogether is known.\""}
{"text": " \"&gt; Sessions has literally said, \"\"I thought those KKK guys were fine until I found out they smoked pot.\"\"  He may well be a racist, but it's hard to imagine taking that comment seriously.  *Barry Kowalski and Albert Glenn, attorneys at the Justice Department, testified that they heard Sessions make the KKK comment but had considered it a joke. Kowalski even retold Sessions\u2019s comment to other people \u201cas a story in a humorous vein.\u201d He said: \u201cWhen working on a case such as this one, a brutal murder and a hanging, those that work on it sometimes do resort to operating room humor and that is what I considered it to be at the time.\u201d*  *Later in the hearings, Sessions said Figures\u2019s assertion that Sessions seriously made the comment is \u201cludicrous.\u201d \u201cI had just learned that the investigation had revealed that the Klansmen had left some meeting, and gone to another one, and smoked pot. The comment ridiculed the Klan. I detest the Klan.\u201d*  There do seem to be a considerable number of claims that he has said or acted in racist ways though (though he denies it): https://www.washingtonpost.com/news/fact-checker/wp/2016/12/02/jeff-sessionss-comments-on-race-for-the-record/ (previous quote from that source also)\""}
{"text": " I have been using Bill Pay from BoA, Chase, and a local Credit Union, all for at least five years (maybe even 10), and never had any issues with lost checks. Sometimes, an address given to me was incorrect, and what happens is either nothing (meaning, after 90 days, the check is considered outdated and the money gets reimbursed in the account) the bank notifies me after about two weeks that the check was returned as 'recipient not found at that address' or 'invalid address', and the money gets restored right then. That is no guarantee, of course, that nothing will ever happen. But banks are not supposed to accept checks where the recipient name does not match. Also, you should consider using 'Quick Pay' or 'Pay an individual' instead, whatever your bank calls it. That will transfer the money same or next day to your other account, without ever mailing a check. You do not need to enter account information across banks, it works by both banks contacting you through your logins/emails."}
{"text": " \"I started with lending club about a year ago.  I love it.  It has been insightful.  Off topic, but I am in a loan to a guy who make 120K a year and is regularly late and has a pretty high interest rate.  Crazy. You gain some economies of scale by going with a bigger note.  I have $100 notes that I get hit for 2 or 3 cents for a fee, where $25 notes are always a penny.  However, I don't think that should be your deciding factor. I scale my note purchases based on how much I like the status of the borrower.  For example, I did $100 (which is currently my max) for a guy with a reasonable loan amount 16K, a stable work history (15+ years), a great credit history, and a great interest rate (16.9%).  If one of those things were a bit out of \"\"whack\"\".  I might go $50, two $25.   I prefer 36 month notes, really 5 years to get out of debt?  It is unlikely to happen IMHO. Keep in mind that if you invest $100 in a loan, then you get one $100 note.  You can't break them up into 4 $25 notes.  For that reason, if you are likely to want to sell the note prematurely, keep it at $25.  The market is greater.   I've had a lot of success using the trading account, buying further discounted notes for people who want out of lending club, or get spooked by a couple of late payments and a change in billing date.   Another advantage of using the trading account is you start earning interest day 1.  I've had new notes take a couple of weeks to go through.   To summarize: There are some other things, but that is the main stuff I look at.\""}
{"text": " \"He was Head of Public Health education in Sweden, responsible for (among other things) educating Swedish medical students on health trends.  He identified wild areas of consistent \"\"positive\"\" ignorance (where wrong ideas can't be attributed to no knowledge) among the student population.    This got him investigating how widespread these wrong ideas were in the Swedish public, which led him then to the EU, and then to all Europe and North America.  Which then led to him creating a foundation to study this form of \"\"ignorance\"\" among educated people (where they do worse on statistical knowledge than would be produced by random results).    The 3 areas they identified are Personal Bias (from limited personal experience), Education bias (from outdated teaching) and News bias (from \"\"the unusual sells stories\"\").    I don't know that he's done surveys in 3rd world (I'd imagine similar results) but he's mostly trying to fight first world \"\"ignorance\"\" by getting people to recognize and reverse their thought errors (things are generally getting better everywhere, most people are in the middle, rich and poor are one solid \"\"bell\"\" curve, You should assume you are over-estimating things that scare you)  This has huge implications for anyone doing planning -- as he points out \"\"no wonder people think you can never eliminate poverty\"\" when they don't know that we eliminated half of world poverty in the last 20 years.\""}
{"text": " \"The ex indicator is meant to be a help for market participants.  On the ex-day orders will go into a different order book, the ex order book, which at the start of the ex day will be totally empty, i.e. no orders from the non-ex day book have been copied over. Why does this help?  Well imagine you had a long-standing buy order in the book, well below the current price, and now the share price halves due to a 2-for-1 split, would you want to see your order executed? If so, your order should have gone into the ex-book which is only active on the ex-day (and orders in the ex book are usually copied over to the normal book on the day after the ex-day but this is exchange-specific). Think of it as an additional safety net to tell the exchange: \"\"I know what I'm doing: I want to buy this stock totally overpriced after the 2-for-1 split\"\". Now some exchanges and/or some securities (mostly derivatives) linked with the security in question don't have this notion of ex or the ex-book, and they will tell you by \"\"will not be quoted ex\"\" or \"\"the ex indicator is missing\"\". In your case (SNE) it is a sponsored ADR, the ex-date was Mar 28 2016, one day before the ex date of the Japanese original.  According to my understanding of NYSE rules, there is no specific rule for or against omitting the ex-indicator.  It seems to be a decision on a case by case basis.  Looking through the dividends of other Japanese ADRs I drew the conclusion none of them have an ex-book and so all of them are announced as: \"\"Will not be quoted ex by the exchange\"\".  Again, this is based on my observations.\""}
{"text": " Let's say the company has a million shares valued at $10 each, so market caps is $10 million dollar = $10 per share. Actual value of the company is unknown, but should be close to that $10 million if the shares are not overvalued or undervalued.  If they issue 100,000 more shares at $10 each, the buyers pay a million dollar. Which goes into the bank account of the company. Which is now worth a million dollar more than before. Again, we don't know what it is worth, but the market caps should go up to $11 million dollar. And since you have now 1,100,000 shares, it's still $10 per share.  If the shares are sold below or above $10, then the share price should go down or up a bit. Worst case, if the company needs money, can't get a loan, and sells 200,000 shares for $5 each to raise a million dollars, there will be suspicion that the company is in trouble, and that will affect the share price negatively. And of course the share price should have dropped anyway because the new value is $11,000,000 for $1,200,000 shares or $9.17 per share."}
{"text": " If it's long enough to make a pitch that seems like it can't be that short. I don't like that Uber is calling and canceling rides, but I don't think they are responsible for determining how long a ride must be in order for it to be profitable for Lyft."}
{"text": " I'd like to propose a 4th option: Let your kid(s) take out their own student loans, and then you can make payments directly to help them pay them down. Some advantages to this method: Note the many similarities to the HELOC, which would probably be my second choice."}
{"text": " Like Mingy said, it probably won't hurt. Maybe don't stick it on every package but put it on your site and just get it out there. Those who want to read it will, and those who don't have the choice not to. Best of luck."}
{"text": " Might make more money if they partnered with ISPs and got a share of their revenue, since Netflix is basically a feature of the product that ISPs are selling, and we (mostly) assume everyone watching Netflix (legal or otherwise) has an internet connection."}
{"text": " You're assuming a lot about specific forms the upload process would take. Those assumptions are **not** safe ones.  Consider for example the notion of an augmented mind that is given a presence in cyberspace... which wouldn't *stop* if the meat-brain died. Genuine *transfer* of continuity."}
{"text": " Security companies employing the same people who are currently police or military. Your property is your castle, and you'd only go to other properties that have rules that you consent to follow. Roads, naturally, would have the most lenient rules since their shareholders want as many normal people to use them as possible. The difference from today is that the government sets up a monopoly of law that everyone must follow, even though populations differ.  Rather than everyone fight to control the monopoly who sets up the rules, we each have our own rules and competing security companies who may charge different prices based on what level of rule precision they must enforce (such as a basic tier of policing violence, theft... higher tier for policing the sort of things that HOAs enforce today).  Basically, if you want extra rules that aren't necessary and not very popular, you pay for that. In this way, most people would be ok with not policing people who do victimless behaviors such as casual nudity or possession of dried plant life (drugs).  In this system, trust and history matter. A company who changed its name suddenly becomes brand new, and therefore untested and with no history. It must start at the bottom of the trust ladder. Brands are valuable precisely because they exhibit a history of the company. You know Kellogg's cereal, or Toyota cars, or Apple computers are quality. People regulate the market, that's the point. The government is a monopoly, so we customers don't have control... 1 vote every few years is much less than having 10 votes every day (free market voting with our money)."}
{"text": " Your answer will need loads of information and clarification, so I will ask you to visit the VAT and have a peruse. 1) Obligation is for you to find out the correct rate of VAT, charge and pay tax accordingly. You can call up the HMRC VAT helpline for help, which they will be happy to oblige. Normally everybody pays VAT every 3 months or you can pay once in a year. 2) Depends on your annual turnover, including VAT. Less than \u00a3150000 you join the Flat rate scheme. There are schemes for cultural activities. Might be good to check here on GOV.UK. 3) If you pay VAT in EU countries, you can reclaim VAT in UK. You need to reclaim VAT while filing in your VAT returns. But be careful about your receipts, which can be checked to verify you are not defrauding HMRC.  The basic rule is that B2B services are, as the name suggests, supplies from one business to another. And, subject to some exceptions, are treated as made where the customer belongs. No VAT is chargeable on B2B supplies to an overseas customer. But where you make a B2C supply, VAT depends on where your customer is located: 1) if they are outside the EU, you don\u2019t need to charge VAT 2) if they are located in an EU country, then you must charge VAT. Source All in all keep all records of VAT charged and paid to satisfy the taxman. If the rules get complicated, get an accountant to help you out. Don' take chances of interpreting the law yourself, the fines you might pay for wrong interpretation might be a deal breaker."}
{"text": " I'm no proponent for wealth inheritance but the government taking it is no solution. Voluntary charity is which his children will most likely be doing. Doesn't matter if the money end up in the US or Asia though although personally I think Asia needs it more."}
{"text": " I must say that this is a question that you should hire a professional tax adviser (EA/CPA licensed in your State) to answer. It is way above our amateurs' pay-grade. That said, I'll tell you what I personally think on the issue. I'm not a licensed tax adviser, and nothing that I write here can be used in any way as a justification for any action. Read the full disclaimer in my profile. I believe you're right to treat those as assets. You bought them as an investment, and you intend to sell them for profit. Here the good news for you end. As we decided to define the domains as an asset, we need to decide what type of asset it is. I believe you're holding a Sec. 197 asset. This is because domain is essentially akin to franchise and trademark, and as such falls under the Sec. 197 definition. That means that your amortization period is 15 years. Your expenses related to these domains should also be amortized, on the same schedule. When you sell a domain, you can deduct the portion that you have not yet deducted from the amortization schedule from your proceeds. Keep in mind passive loss limitations, since losses from assets held as investment cannot offset Schedule C income."}
{"text": " For the period 1950 to 2009, if you adjust the S&P 500 for inflation and account for dividends, the average annual return comes out to exactly 7.0%. Source. Currently inflation is around 2%.  So your 2% APY is a 0% real return where the stock market return is 7%.  I.e. on average, stocks have a return that is higher by 7.   If you mix in bonds, 70% stocks to 30% bonds, your real returns will drop to around 5.5%, but you are safer in individual years (bonds often have good years when stocks have bad years).   We're making a bit of a false dichotomy here.  We're talking about returns on stocks in retirement accounts versus returns on CDs in regular accounts.  You can buy stocks in regular accounts and it is legally possible to have a CD in a retirement account.  So you can get bankruptcy protection and tax advantages with a CD."}
{"text": " Keep in mind collectors are trying to get you to react emotionally, which is having some effect as you are considering bankruptcy.   ...threatening me with judgments... Did they threaten to take away your first born son too?  Many of their threats are empty.  Even if you do have a judgement, you may be able to negotiate with the lawyer that is handling the judgement.  Once you don't pay them anything for a few years, they are more likely to negotiate. It is good that you recognize that it was your dumb decisions that got you into this mess.  Once on the other side of all this cleaning up that you have to do what will you change so this does not happen again?  What raises a red flag for me is that you are worried about your credit score.  Trying to have a good credit score is what got you into this mess in the first place. Stop borrowing."}
{"text": " \"Updating current reactor tech largely reduces \"\"radioactive waste?\"\" Exactly by how much will this reduce radioactive waste? And I hope you can clarify, but when you put \"\"radioactive waste\"\" within quotes you could be misinterpreted as downplaying the perilous nature of a deadly substance who's mere milligrams will poison and even kill every orgasm that ingests it -- over the next 250,000 years.  Something /energy ignores and even censors on their subreddit is the question of where will nuclear waste be stored. Our species has had a strong couple thousand years but considering how we collectively mishandle even the simplest of tasks - how arrogant are we to believe we can safeguard the storage of a deadly substance for the next quarter-million years? Windmill 1.0 can just be taken down and even recycled into Windmill 2.0\""}
{"text": " \"&gt; Are there any good reasons for apps to keep tracking you even if you're not using it ?  Uh yeah, so they can collect revenue by selling the data they collect.  Duh...   /s  Seriously though, its been in Apples best interest to encourage this type of monetization, because it incentivizes app developers to create apps and release them for \"\"free\"\".\""}
{"text": " &gt; My wife is trying to start a business. She has no experience at all.  Don't put in too much money. Use this as a chance to learn because she's going to have a bad experience.   &gt; She is working with the husband of a friend who is importing products from China.  Red flag #1.   &gt; He is in China and his wife is in the USA on a tourist visa (no work allowed but she works)  Red flag #2.   &gt; I have caught this guy lying or being way less than transparent many times.  You're telling me that a guy using his wife to illegaly conduct business in the US isn't above board? I'm shocked.  Shocked, I tell you.  &gt; I think he thinks others are stupid and can not easily see his misdeeds.  That could be a red flag, or he could be correctly reading the situation.  You said your wife has no experience in this arena, so why would he listen to her?   &gt; \u201cYou tried to screw with me and my wife too many times so F you\u201d   Red flag #3.  Don't mix business with emotions.   &gt;  I am asking for a settlement or I will do everything in my power to totally screw up his life  Red flag #4.   &gt; It will never stop or improve if the second party has a less than acceptable level of honesty and transparency.  This is why contracts and lawyers exist.  In business, everyone thinks they're making out better than the person on the other end of the table.  If they didn't, they would ask for more.  There can be mutually beneficial situations, but showing all of your cards is a great way for them to be used against you during negotations.   &gt; It is a startup not big money, but us being in the USA as lawful citizens (me USA born, my wife naturalized Chinese ), we hold the risk here.  Yeah, don't knowingly break the law.  The risk is too high for you.  &gt; I lived in China for ten years. Over there, the Chinese do, in almost all cases, all they can do to screw foreigners   Red flag #5.  Why do you want to be in business with a group you think will almost always exploit you?   &gt; My wife thinks that because they are Chinese (the other party), I should be willing to accept this behavior. I totally disagree.  Red flag #6.  Don't use stereotypes to make judgment calls.   &gt; My wife wants to have her own company very badly and she is very disappointed.   Life is full of disappointment, and you can't wish for success. Well, you can, but you end up in situations like these.   &gt; Do you agree when dealing with lying business \u201cpartners\u201d if the offenses continue, even after a warning, that all bets should be off and one should change into \u201cscrew them\u201d mode and claw back all possible money/power via all available legal resources?  Say it with me.  CONTRACTS! CONTRACTS! CONTRACTS!  I'm not talking about a quick signature on a napkin.  I'm talking about vetted and formalized.  You have clear expectations.  You have remediation.  You have timeframes.  If they don't deliver the promised expectation then you sue them.   If you act on emotions then you are likely to do yourself more harm than good.  If you don't think you can recover what you're due, you shouldn't be in business with a shady operator to begin with.   &gt; Comments?  Talk to a lawyer.  You need to understand your risk and liability.  If you're fine, stop investing money into this venture. You'll be taken for all you're worth."}
{"text": " They *love* regulations that benefit them. They are also a big government party which consistently expands the power of the executive every time they are in office. They love big government, just not *your liberal big government* aka one which *forces* states to let people enjoy progressive civil liberties."}
{"text": " &gt;But productivity should increase likewise driving prices down by the same amount.      Really? My experience in business has been that when we lower production costs the last thing that we do is lower the price. In fact I've never known it to happen."}
{"text": " In Louisiana there's no law against selling any type of alcohol from a drive through. Other states like Texas, has a law limiting the sell of hard drinks from drive-thrus. This limits their customer base to on site sales and drinking. Because hundreds more customers can be served a night, there are a LOT more Daquri places in La."}
{"text": " \"The transfer is easy. Usually you just sign over the title to the new owner, and you're set.  Blue book price is a fantasy designed to get you in a car dealership to trade in your car. You won't get \"\"blue book\"\" pricing. I would use NADA \"\"Yellow Book\"\" or Edmunds TMV pricing as a guide. A dealer won't pay you a good price, but will take the car off your hands quickly. Selling a car privately can be a real pain if you don't have the personality for it. You'll get more money and more hassle. Figure out where people do private party sales in your area. In my area, there's an autotrader magazine that dominates the market. Craigslist is going to attract the types of people who frequent craiglist, which is not always a good thing.\""}
{"text": " This has been a problem for sometime. The lobbies for the metals used in the minting process, specifically Zinc, have been successful time and time again in keeping it off the radar. And when law makers go to Washington, they're much more interested in something more high profile than a bill to discontinue the penny.  Also, the upside is only saving small amounts of money over time, which doesn't interest them either, versus a debate over nostalgia. And if you want evidence of how visceral the public can muster over something completely inconsequential go ask Neil DeGrasse Tyson how well downgrading Pluto went."}
{"text": " If the republican were smart(not) they would rework and refine Obama care. Instead of obsessing over the fact that the current health care bill is a democratic program, by refining and reworking it they would be known as the party that made Obamcare better."}
{"text": " In six months, there is little you can do that will significantly affect your future credit rating other than trying to avoid paying for something by leaving the country. As we keep telling people, the best things you can do for your credit rating are to have a good income and Don't Be Stupid about misusing credit."}
{"text": " I'm building a big addition onto my house. It's my third huge construction job. I use Amazon to buy tools, lighting, wire, radiant heat supplies, small appliances, smart home items, and specialty parts. HD and Lowes are good for cheap or heavy items. I also want to inspect my lumber, but even that is better delivered from a lumber yard when I need more than a few dozen boards or sheets of drywall. I have things delivered to my house almost daily from Amazon."}
{"text": " \"My number one piece of advice is to see a tax professional who can guide you through the process, especially if you're new to the process. Second, keep detailed records. That being said, I found two articles, [1] and [2] that give some relevant details that you might find helpful. The articles state that: Many artists end up with a combination of income types: income from   regular wages and income from self-employment. Income from wages   involves a regular paycheck with all appropriate taxes, social   security, and Medicare withheld. Income from self-employment may be in   the form of cash, check, or goods, with no withholding of any   kind. They provide a breakdown for expenses and deductions based on the type of income you receive.  If you get a regular paycheck: If you've got a gig lasting more than   a few weeks, chances are you will get paid regular wages with all   taxes withheld. At the end of the year, your employer will issue you a   form W-2. If this regular paycheck is for entertainment-related work   (and not just for waiting tables to keep the rent paid), you will   deduct related expenses on a Schedule A, under \"\"Unreimbursed Employee   business expenses,\"\" or on Form 2106, which will give you a total to   carry to the schedule A. The type of expenses that go here are: If you are considered an independent contractor (I presume this includes the value of goods, based on the first quoted paragraph above): Independent contractors get paid by cash or check with no withholding   of any kind. This means that you are responsible for all of the Social   Security and Medicare normally paid or withheld by your employer; this   is called Self-Employment Tax. In order to take your deductions, you   will need to complete a Schedule C, which breaks down expenses into   even more detail. In addition to the items listed above, you will   probably have items in the following categories: Ideally, you should receive a 1099 MISC from whatever employer(s) paid you as an independent contractor. Keep in mind that some states have a non-resident entertainers' tax, which is  A state tax levied against performers whose legal residence is outside   of the state where the performance is given. The tax requires that a   certain percentage of any gross earnings from the performance be   withheld for the state. Seriously, keep all of your receipts, pay stubs, W2's, 1099 forms, contracts written on the backs of napkins, etc. and go see a tax professional.\""}
{"text": " The menu is too big again. Mcdonald's basically created the streamlined menu when they realized no one ordered hot dogs etc at their first restaurant. We saw this problem arise 8-10? years ago., they pared down the menu and came back. Not only does the bigger menu confuse the customers but slows down service."}
{"text": " Regardless, it doesn't indicate any financial stress or credit-related issues.   Just because you are pissed off about the way the financial industry works, doesn't mean the banks are in poor shape. If France and Germany come crashing down, then you may have some evidence to back your point."}
{"text": " I'm an idiot. Certainly not worthy of all this fancy formatting and linking you've done.   I confused the Gen X cut-off with Baby Boomers.   I implied that Gen X, as middle managers, had direct operational control over decisions that led to financial crisis. You chose to ignore that point entirely."}
{"text": " Assuming you are allowed to trade freely, you can use free labor to pull money into your economy from outside your borders.  This net influx of money will increase your overall wealth.   I has the double effect of allowing you to undercut any competitor and having none of your people spending their earnings outside your borders.  Because of this, it would be a mistake for anyone to enter into trade with you."}
{"text": " They have not. I use to be on of those people and a friend pointed it out to me.   I did not do it all the time but often enough. Now I am much more self aware.  I do know someone who does have an impossible time eating with his mouth closed. He knows this and makes sure to never eat with co-workers."}
{"text": " \"&gt; h that, there's pretty much no real way to look at a menial-style job and say, \"\"That deserves $15 an hour.\"\" &gt; The two reasons above combine and make a strong argument for something like a basic income or drastically  expanded welfare and safety net programs. &gt; A further failing of the \"\"retrai  Agreed.  Growth always leaves certain demographics behind.    I think $15/hour is dependent on location.. in Seattle even @ $15 you're screwed.  In other areas, $15 an hour is great!    The economy is evolving whether we accept it or not.  While re-training certainly shouldn't be the only approach.. it needs to be a big part of the humane solution to displaced workers.\""}
{"text": " I would say that, for the most part, money should not be invested in the stock market or real estate.  Mostly this money should be kept in savings: I feel like your emergency fund is light.  You do not indicate what your expenses are per month, but unless you can live off of 1K/month, that is pretty low.  I would bump that to about 15K, but that really depends upon your expenses. You may want to go higher when you consider your real estate investments.  What happens if a water heater needs replacement?  (41K left) EDIT:  As stated you could reduce your expenses, in an emergency, to 2K.  At the bare minimum your emergency fund should be 12K.  I'd still be likely to have more as you don't have any money in sinking funds or designated savings and the real estate leaves you a bit exposed.  In your shoes, I'd have 12K as a general emergency fund.  Another 5K in a car fund (I don't mind driving a 5,000 car), 5k in a real estate/home repair fund, and save about 400 per month for yearly insurance and tax costs.  Your first point is incorrect, you do have debt in the form of a car lease.  That car needs to be replaced, and you might want to upgrade the other car.  How much?  Perhaps spend 12K on each and sell the existing car for 2K?  (19K left). Congratulations on attempting to bootstrap a software company.  What kind of cash do you anticipate needing?  How about keeping 10K designated for that?  (9K left) Assuming that medical school will run you about 50K per year for 4 years how do you propose to pay for it?  Assuming that you put away 4K per month for 24 months and have 9K, you will come up about 95K short assuming some interests in your favor.  The time frame is too short to invest it, so you are stuck with crappy bank rates."}
{"text": " No matter what kind of contract you create for your partnership it will cost money to enforce it. Breaking the law is, well, against the law to begin with. You don't need to get a signed contract promising that they won't break the law. You could possibly get them to sign something that states if the contract is breached or laws are broken by one party, they forfeit their shares in the venture, but again you'll have to prove it and lawyers cost money. if the venture is paying you both then he/she will have the same capitol for legal defense.   In some cases you can propose a trial period in partnerships. You can try doing business as separate entities for 1-2 years after which you can merge. After two years working together there should be some trust built up. If not, you shouldn't do business with this person anyway.   Just my two cents. To be clear, I'm not a lawyer. You should probably ask a lawyer about this, actually."}
{"text": " Vice: One of the few legitimate journalism sources left out their (Just my opinion, dont down vote me into oblivion for having an opinion pls- thanks) . I still remember when the founder (i think it was the founder) got into north korea - that shit was great."}
{"text": " Ummm I bet we didn't 'work less'. Everyday was a fight for survival.  With no way to preserve food we either had to hunt gather daily and follow the food sources.  While at the same time finding/building shelter, clothing and taking care of the family.  A successful hunt would obviously be celebrated but a failed hunt could be disastrous."}
{"text": " \"Not really. There was a hiring freeze and most agencies are limited to replacement hiring only, but there hasn't been any massive reduction in force. To the extent he did \"\"fire people,\"\" they were political appointees ordinarily replaced with the new administration. While most of those positions haven't been filled by a new appointee, this just means that someone is temporarily performing that job in an \"\"acting\"\" role.\""}
{"text": " \"Friedman (and libertarian philosophy) has a lot of good ideas when it comes to the general economy. But, healthcare is one of those things that, in my opinion, should not be left up to a \"\"free market.\"\" Arguably we do not have a free market anyway, so all the more reason not to hand our lives and well being over to profit seeking corporations. If we had actual competition and the government nurtured good business practices (instead of corruption) then I would have more confidence in deregulation. I think the waste/inefficiency that government introduces does less damage than immoral profit seeking on the backs of sick people.\""}
{"text": " &gt; Businesses aren't a charity - they pay for work and exist for profit. They aren't supposed to have feelings. So austerity and getting the most out of your employees causes the company to become lean and efficient.  I agree. That's why I require that my employees sleep at the office so they don't waste time driving back and forth. Much more efficient. Sadly, the Department of Labor disagrees, so its a no go until the lawsuit gets resolved. Goddamn guvermint regulation getting in the way of us job creators.   &gt; Canadians have been becoming more skeptical of Tim Hortons since before the buyout from Burger King and 3G. 3G didn't significantly change the values and product, they cut costs and made it a less cushy environment. The ill will toward Tim Hortons was not caused by 3G, as you suggested.  *cough* http://www.cbc.ca/news/business/tim-hortons-class-action-1.4167739 *cough*."}
{"text": " \"No it isn't. Socialism has never flattened disparity. Learn some history and stop giving old concepts new names in an effort to clean the slate.  Giving everyone an equal quantity of money does nothing. If you scale the support relative to \"\"need\"\", well then.... the 20th century would like to have a word with you.   Few more dangerous, oppressive and disastrous forms of government have ever been seen.\""}
{"text": " Aside from the fact that there are massive problems with taxes, liability, fiduciary responsibility, and (assuming you're accepting any sort of compensation at all) licensing. The mere fact that you're asking this question indicates that you're probably not suitably qualified to handle this for others. Why not have someone qualified handle this?"}
{"text": " They have been good stores for me but after Martha Stewart went away, they really don't stand out from Walmart that much. In my area, the K-mart is located in a better area than Walmart, yet don't have the prices of a Target.  Also, electronics there are overpriced"}
{"text": " Fuccillo Automotive Group is one of the largest auto groups in the United States and we are expanding rapidly in the Florida market as the #1 Kia Dealer in the WORLD! We offer first class sales and service for our valued customers. We also uphold integrity in our business practices through a staff of experienced and qualified employees."}
{"text": " Uhh, why would amazon raise prices? Their divisions Already make a profit. They are using divisional profit to launch other divisions. There will be areas where it fluctuates, but this isn\u2019t a loss-leader strategy nor are they burning through VC money trying to get a good strategy off the ground.   This is the strategy. This is the business. And it\u2019s working."}
{"text": " \"At some point isn't it counter-productive to slap warnings on so many products that have an unproven correlation with increased cancer risk?    Where do you stop? Grilling food increases carcinogenic compounds in food. Does California need warning labels on grills?  Once there are enough warning labels they'll just get ignored, defeating the original purpose. Has your mattress warning label really made you more cautious about potential fire hazards?   While I don't know if RoundUp really increases cancer risk  (I'm inclined to doubt it given the last couple decades of 'human trials\"\" and no clear science based evidence that I'm aware of) I do know that crying wolf is the best way to condition people to ignore serious warnings about real risks.\""}
{"text": " Typically tax treaties will cover double taxation (taxes paid in one jurisdiction are deducted in the other jurisdiction so there is no double tax). You'll need an accountant and attorney with experience in international business setups to confirm and determine which jurisdiction gets first priority of tax payment.  In short, this is the wrong place to get a good answer. Talk to (and pay for) professionals to get you properly set up."}
{"text": " Clarify the facts in a legal fashion! Ask for surveillance through private investigator to know exactly what is happening instead of remaining in doubt.As a professional private investigator performing surveillance, we use the most advanced and sophisticated equipment to provide uninterrupted services whatever be the location or situation."}
{"text": " \"During Graham's career, gold and currency were the same thing because of the gold standard. Graham did not advise investing in currencies, only in bonds and stocks, the latter only for intelligent speculation. Graham died a couple of years after Nixon closed the gold window, ending the gold standard.  Gold may be thought of as a currency even today, as endowments and other investors use it as a store of value or for diversification of risks. However, currency or commodities investing does not seem Graham-like. How could you reliably estimate intrinsic value of a currency or commodity, so that you can have a Graham-like margin of safety after subtracting the intrinsic value from the market value?  Saying that gold is \"\"clearly underpriced in today's market\"\" is just hand-waving. A Graham analysis such as \"\"net net\"\" (valuing stocks by their current tangible assets net of all liabilities) is a quantitative analysis of accounting numbers audited by CPAs and offers a true margin of safety.\""}
{"text": " I'm not sure I understand what you're trying to say, but in general its pretty simple: She goes to the UK bank and requests a wire transfer, providing your details as a recipient. You then go to your bank, fill the necessary forms for the money-laundaring regulations, you probably also need to pay the taxes on the money to the IRS, and then you have it. If you have 1 million dollars (or is it pounds?), I'm sure you can afford spending several hundreds for a tax attorney to make sure your liabilities are reduced to minimum."}
{"text": " A lot of these comments are right but I'll add two: buybacks and lowering costs. Too many companies have generated hordes of cash over the years; some of it is entirely their fault, cash that wasn't used for r&amp;d (e.g. AAPL) and others simply don't have an opportunity to grow at their stage in the cooperate life cycle within their industry, so all that excess cash that has been generated for years is used for buybacks. Tech is making shit far more efficient and some companies have blotted cost structures, so introduce tech that makes the firm more efficient where applicable and cut unneeded employees."}
{"text": " The situation you're proposing is an over-simplification that wouldn't occur in practice. Orders occur in a sequence over time. Time is an important part of the order matching process. Orders are not processed in parallel; otherwise, the problem of fairness, already heavily regulated, would become even more complex. First, crossed and locked markets are forbidden by regulators.  Crossed orders are where one exchange has a higher bid than another's ask, or a lower ask than another's bid.  A locked market is where a bid on one exchange is equal to the ask on another.  HFTs would be able to make these markets because of the gap between exchange fees. Since these are forbidden, and handling orders in parallel would ensure that a crossed or locked market would occur, orders are serialized (queued up), processed in order of price-time priority. So, the first to cross the market will be filled with the best oldest opposing order. Regulators believe crossed or locked markets are unfair.  They would however eliminate the bid ask spread for many large securities thus the bid-ask cost to the holder."}
{"text": " You are right. This is an oil and gas construction company. Honestly speaking, I have very little information concerning their procedures for hiring and interviewing candidates. The only thing I know is that they have a department of financial analysis and modeling. As you said, that lacks specifics. I would be more interested in development in corporate finance."}
{"text": " Pai's nomination very narrowly passed the Senate. If your senator was one of the 52 that voted in Pai's favor, start showing up at their town hall events and making this an issue they have to defend their stance on. Turn this into another thing that senators are running from their constituents on."}
{"text": " I think we are just close to  point where there are so many people working in the job market that youre not going to have any more hiring going forward. Trump had some hype when he came into office that rippled onto the market resulting in these stock market gains and then the job growth as the after effect. but now that is finished. the stock market is at huge valuations, and its hard to see increases in corporate profits from here (given that the credit market is going to cut down the supply of loans going forward)  that could spark another hiring rally."}
{"text": " I read an amazing article on whenyou should take early and when you should wait. It really depends on your situation, but this article prodives information as well as examples. Hope it helps! http://customsites.yahoo.com/financiallyfit/finance/article-108227-3275-5-boost-your-social-security-benefits"}
{"text": " \"This is my two cents (pun intended).  It was too long for a comment, so I tried to make it more of an answer.  I am no expert with investments or Islam: Anything on a server exists 'physically'.  It exists on a hard drive, tape drive, and/or a combination thereof.  It is stored as data, which on a hard drive are small particles that are electrically charged, where each bit is represented by that electric charge.  That data exists physically.  It also depends on your definition of physically.  This data is stored on a hard drive, which I deem physical, though is transferred via electric pulses often via fiber cable.  Don't fall for marketing words like cloud.  Data must be stored somewhere, and is often redundant and backed up. To me, money is just paper with an amount attached to it.  It tells me nothing about its value in a market.  A $1 bill was worth a lot more 3 decades ago (you could buy more goods because it had a higher value) than it is today.  Money is simply an indication of the value of a good you traded at the time you traded.  At a simplistic level, you could accomplish the same thing with a friend, saying \"\"If you buy lunch today, I'll buy lunch next time\"\".  There was no exchange in money between me and you, but there was an exchange in the value of the lunch, if that makes sense.  The same thing could have been accomplished by me and you exchanging half the lunch costs in physical money (or credit/debit card or check). Any type of investment can be considered gambling.  Though you do get some sort of proof that the investment exists somewhere  Investments may go up or down in value at any given time.  Perhaps with enough research you can make educated investments, but that just makes it a smaller gamble.  Nothing is guaranteed.  Currency investment is akin to stock market investment, in that it may go up or down in value, in comparison to other currencies; though it doesn't make you an owner of the money's issuer, generally, it's similar.  I find if you keep all your money in U.S. dollars without considering other nations, that's a sort of ignorant way of gambling, you're betting your money will lose value less slowly than if you had it elsewhere or in multiple places. Back on track to your question: [A]m I really buying that currency?  You are trading a currency.  You are giving one currency and exchanging it for another.  I guess you could consider that buying, since you can consider trading currency for a piece of software as buying something. Or is the situation more like playing with the live rates? It depends on your perception of playing with the live rates.  Investments to me are long-term commitments with reputable research attached to it that I intend to keep, through highs and lows, unless something triggers me to change my investment elsewhere.  If by playing you mean risk, as described above, you will have a level of risk.  If by playing you mean not taking it seriously, then do thorough research before investing and don't be trading every few seconds for minor returns, trying to make major returns out of minor returns (my opinion), or doing anything based on a whim. Was that money created out of thin air? I suggest you do more research before starting to trade currency into how markets and trading works.  Simplistically, think of a market as a closed system with other markets, such as UK market, French market, etc.  Each can interact with each other.  The U.S. [or any market] has a set number of dollars in the pool.  $100 for example's sake.  Each $1 has a certain value associated with it.  If for some reason, the country decides to create more paper that is green, says $1, and stamps presidents on them (money), and adds 15 $1 to the pool (making it $115), each one of these dollars' value goes down.  This can also happen with goods.  This, along with the trading of goods between markets, peoples' attachment of value to goods of the market, and peoples' perception of the market, is what fluctates currency trading, in simple terms.  So essentially, no, money is not made out of thin air.  Money is a medium for value  though values are always changing and money is a static amount. You are attempting to trade values and own the medium that has the most value, if that makes sense.  Values of goods are constantly changing. This is a learning process for me as well so I hope this helps answers your questions you seem to have.  As stated above, I'm no expert; I'm actually quite new to this, so I probably missed a few things here and there.\""}
{"text": " True story:  There are several Admirals in the United States Navy that still do not understand how to use e-mail. They have their staff print the e-mails into hard copy and then either hand write or type a reply (on a typewriter) for their staff to send back as an e-mail."}
{"text": " \"You're mostly correct, although I think you're missing something essential about no-arbitrage versus an arbitrage argument.  Black-Scholes makes an arbitrage argument, which is that the value of an option should be the same as any portfolio that has identical cash flows, and this is generally a sound argument.  Notice, however, that BS is ultimately an equilibrium model: it tells you the \"\"correct\"\" price of an option if the assumptions of BS hold, and doesn't necessarily match observed market prices.  A no-arbitrage condition or model deliberately incorporates observed prices (or yields, or whatever) into the model, so that there cannot be an arbitrage opportunity implied by the model.  This comes up a lot in term structure of interest rate problems, where equilibrium models like Vasicek or Cox-Ingersoll-Ross won't perfectly reproduce the current, observed term structure, and so imply an arbitrage opportunity.  No-arbitrage models like Hull-White specifically match the model's term structure to observed yields/prices, so that there is no arbitrage opportunity between the observed term structure and your model of it.  It's important to note that this will still allow for arbitrage involving bonds that are *not* part of the observed term structure.  As for equivalent martingale measures, you might think about it more generally.  The process involves changing the probability distribution from the actual (which is hard to use for pricing) to a different one that's easier to use but will result in the same prices; this is nearly always a risk-neutral probability.  You can think of equivalent martingale  pricing as asking, \"\"how would this security behave, and be priced, in a world that is completely risk neutral\"\", and then making an argument that the prices are in fact equivalent.  EDIT: grammar\""}
{"text": " Disvestment activities tend to be misguided. In doing so, a fund/individual is not really taking money away from the companies in question (assuming they're not doing secondary offerings), and 'disvestment' doesn't imply that you're going to be using their products less (or boycotting them entirely), which would actually impact their financials. And in a convoluted way, disvestment could actually trigger further consolidation among coal companies, since it makes them cheaper and thus easier takeover targets.   Funds that have the ability to do so should make 2nd &amp; 3rd round VC investments in clean energy startups. It's been awfully difficult for clean energy startups to raise money lately, and funding those startups would have a lot more impact."}
{"text": " Single person salary on 7.25 is about $1200 a month, before taxes. Rent in a slum is $500, then you have health and car insurance in the most optimistic situation, electric, water, phone that employer requires you to have, food and care products. This assuming no car note and never buying clothes. It's insane to me that people think that it's okay to subsidize their lifestyle by starving someone, and pretending that is possible."}
{"text": " Yes you are eligible even if your spouse is enrolled in Medicare. As long as YOU are not enrolled in Medicare you can contribute to an HSA. You may use the money to pay the cost of qualified medical expenses for you and your spouse. Here are some resources with additional information: HSA FAQ's HSA Resources"}
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{"text": " Well I think it's a combination of all options is required.  I agree that the focus needs to be on developing products - alternatives - to replace our  petroleum-based products. We should not however ignore energy efficiencies wherever these are possible. Conservation of energy is also a huge part of reducing our use of fossil fuels."}
{"text": " You could say the same thing but replace money with pacman and it would be true for the guys who are really good at pacman.   Making money can be no different than any other hobby. The only difference is that you can engage in direct exchange after the fact instead of barter exchange.   But make no mistake enjoying it does not make warren any more insane than the pacman guys (or more seriously most academics)."}
{"text": " One thing I didn't see mentioned - my major bills are all electronic transfer, i.e. there is no check mailed. A bill due in 2 days can be set up now, and still paid the day after tomorrow. Try that with a check. There are smaller companies that are not done that way and a check mailed, but you state the due date not the mailing date. So the bank still has the obligation to get it there. This is how my particular bank works."}
{"text": " It's all about risk. In 1990, expressing the idea of the US defaulting on debt payments would result in you being labelled as a crank.  Yet in 2011, the President and Speaker of the House played chicken with the credit of the United States, and have a date to do it again in December 2011."}
{"text": " The satisfaction from gains packs less of an emotional impact than the fear of loss. It's very difficult for many people to overcome this fear, so when prices begin to fall, many investors sell to minimize their potential loss. This causes a further drop, which can lead to more selling as other investors reach their emotional threshold for loss. This emotion-based selling keeps the market inefficient in the short term. If there aren't enough value investors waiting to scoop up the stock at the new discount, it can stay undervalued for a long time."}
{"text": " Something you invest in has the ability to grow in value.  So examples of investments would be buying stocks, bonds, currencies, commodities.  Buying your house or a piece of real estate can be considered an investment because the house/property will hopefully be worth more as time passes.  So the act of paying down a mortgage really isn't an investment."}
{"text": " Tesla has 30,000 employees.  The bottom 1.3% of any company are going to be pretty crappy employees.  I know I work with people I think should be fired for laziness, nastyness or incompetence.  It's not the company's job to pay people if they can't do the job.  Good companies get rid of bad employees or they don't remain good companies.  A key problem with most unions is they protect the bad employees and discourage outstanding performance."}
{"text": " it is possible that if you do not accept the offer, they will try offering you an even lower rate.  if they offered you close to 0%, you could start carrying a balance and find a better use for the cash you would have spent paying it off. there are plenty of investments with a guaranteed return of over 0%. personally, i am using a 0% offer from one of my cards to invest in the stock market.  i might lose that bet, but on average over the last 10 years, i have not. a pretty safe bet would be paying down your mortgage, or buying a cd that matures when the offer ends. that said, even a 10k$ balance might only pay you around 300$. is that worth the hassle to you?"}
{"text": " Holy shit man, you must have some deep seated issues to get this bent out of shape about the way people choose to buy their mattress.  FYI: most of the major online mattress companies offer something like a 100 day no questions asked return policy, which is a hell of a lot longer than the minute or so people usually spend on the in-store models. Let me name you a few reasons why this \u201cknow-nothing millennial\u201d purchases their mattress online:  * You don\u2019t have to deal with annoying sales people * You can actually read the good and bad customer reviews about the product you are about to spend 1/3 if your life on * You don\u2019t have to deal with annoying, uninformed, money-grabbing sales people * Consumer reports has a review for the exact model you intend to buy online versus whatever 12 in-store mattress are the flavor of the month  * You can get a VERY comfortable mattress for 2/3 or 1/2 the price of an in-store mattress * Did I mention that you don\u2019t have to deal with cost-inflating-so-they-get-a-bigger-bonus sales people?"}
{"text": " i dont think hulu was a publisher created website. hulu started up and was aggressive in securing all those licenses and rights. now they are the one-stop shop.  edit: actually on the wikipedia, Hulu is a joint venture of nbc/fox/abc. my bad."}
{"text": " \"I agree with you in that I think social pressures can contribute to the abandoning of STEM subjects at a young age. However, I would argue that these biases are experienced by both young men and women. I can't recall there ever being a situation where a subject was viewed as \"\"neerdy\"\" or detrimental to the social standings of female students but not male students.   What I think holds more weight is the idea you last mentioned, which was the need for female students to be encouraged. Personally, I believe that the outdated chauvinistic views of older genrations is still spilling into younger genrations (in the form of parents and teachers/counselors). While the article is quite lengthy, a big portion of it discusses how male students were encouraged to \"\"tough out\"\" classes/subjects when they began to face difficulties. Whereas female students \"\"receive fewer arguments from their parents, teachers or guidance counselors if they drop a physics class or shrug off an AP exam\"\".\""}
{"text": " All of the answers given so far are correct, but rather narrow. When you buy a 30-year-mortgage, you are buying the right to pay off the debt in as long as 30 years.  What you pay depends on the interest rate and how long you actually take to pay it off (and principal and points and so on). Just as you are buying that right, the mortgager is selling you that right, and they usually charge something for it, typically a higher rate.  After all, they, and not you, will be exposed to interest risk for 30 years. However, if some bank has an aneurism and is willing to give you a 30-year loan for the same price as or lower than any other bank is willing to go for a 15-year loan, hey, free flexibility.  Might as well take it.  If you want to pay the loan off in 15 year, or 10 or 20, you can go ahead and do so."}
{"text": " \"In addition to individual stocks, your entire portfolio will also have a beta.  It would be equal to the weighted sum of the individual asset betas  So a beta portfolio of 1 would have approximate risk equal to a market index. You would use this to construct a risk level that you were comfortable with, given the expected return of the individual assets.  You are also interested in obtaining a high level of \"\"alpha\"\" which means that your portfolio is earning more than what would be expected, given it's level of risk.\""}
{"text": " Are you willing to risk the possibility of investing to prepare for these things and losing money or simply getting meager returns if those crises don't happen? Just invest in a well diversified portfolio both geographically and across multiple sectors and you should be fine."}
{"text": " so i'm an older millenial living in a large metro. I'm in a situation where the trendy urban/downtown neighborhoods apts/condos are way to expensive for me because the demand is so high, but up until recently i can't afford a house in the outer, newer burbs either. so i'm left renting apartments in inner suburbs."}
{"text": " \"&gt; That's like a palm reader predicting that someone is going to die.Well no shit, I'm sure someone is, somewhere, at some point.   So are you saying it's obvious to everyone muni's are on their death bed, and its not about \"\"will\"\" they die, but \"\"when?\"\"   Or are you saying that a total return of 30% over 4 years is bad?  Because if you're not saying either of those things then I'm not sure what you disagree with.\""}
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{"text": " \"The \"\"must be postmarked\"\" language might be just from the old bank itself, not from the IRS.  The language I see in Publication 969 only says \"\"You can make contributions to your HSA for 2014 until April 15, 2015.\"\" In this case, it is understandable that the credit union you have the new account with does not want to accept the contribution for tax year 2014.  You didn't have an account with them in 2014.  You didn't even send out the paperwork to them to open the account until last week, and they didn't open your account until this week, after the deadline. It is unfortunate, but I don't think you'll be able to force them to do anything differently here.  It is just too late. I do know how that feels.  I had a somewhat similar circumstance with my HSA, the first year I had the account.  I contributed money to the HSA using my credit union's website, transferring money from my checking account into my HSA, as I was told to do.  In January and February of the following year, I made more contributions this way, thinking that I was making them for the previous tax year.  However, they never got coded correctly by the credit union, and I later found out that the credit union counted those as contributions for the current year.  As a result, I was essentially denied the full contribution limit for that year, and had a bit of a paperwork nightmare.  Now, if I have to make a prior year contribution, I only make it in person, and they have a form they have me fill out each time I do.\""}
{"text": " \"In the course of one's spending, it's not tough to find things that are going to be that expensive.  A median income is in the $50K range in the US. The diamond folk advertise that one should spend 3 month's salary on an engagement ring. Even with a decent income, I spent zero. My wife was practical, not interested in jewelry, and wanted a big house. The money went to the downpayment. The house cost 2.5 years salary at that time.  A car, even used, will cost some month's salary.  If that $50K earner is saving, has an emergency account, and is on track with their financial long term goals, a week's pay can buy a nice sized TV.  A nice vacation can cost a week's pay to a month's pay.  Your question is great, although it shows a concern that's typical very early on in one's career. There are related question here about \"\"how can I spend more?\"\" They tend to come from someone living on a student budget that now has an adult's income from a desirable job. The answer is to sit down, list your monthly spending, properly budget a decent portion for savings, and see how much you have for frivolous spending. Keep in mind, it's easier to sock it away now. No house, no kids, etc. When we were first married, we lived on my wife's income (in effect) and socked mine away. The house tightened the budget, as did the kid.  In the end, the PS4 is less about the $400 than it is about the rest of your finances.\""}
{"text": " \"On 3# - My company is constantly complaining about saving money, cutting costs.  Then we have these events, and banners, and trinkets and bullshit about our new \"\"mission statement\"\" - everyone here just sees them pissing away money (millions) while bitching about money.  That's a fucking drag on company morale.  Then again, #8 - my job is being phased out, so it's not like I really like this place anyway.\""}
{"text": " This is to protect your position in specific highly volatile market conditions.  If the stock is free falling and you only have a stop order at $90, it's possible that this order could be filled at $50 or even less. The limit is to protect you from that, as there are certain very specific times where it's better to just hold the stock instead of taking a huge loss (ie when price is whipsawing)."}
{"text": " \"My dad uses CenturyLink for internet (DSL, only option available in the \"\"sticks\"\") and uses another company for television.  I pointed out that he is paying CenturyLink over $75 a month for DSL, when it should be $12.99.  I mentioned they are charging for the entire package.  He insisted he never ordered any of it, but I just chalked it up to a mistake and got it sorted out by calling them.  Maybe he really never ordered it ...   Ugh.\""}
{"text": " If glass steagall had minimal impact on bank behaviour, that means the great recession was unavoidable. What sort of legislation would it take to ensure shitfests like this *will* be avoidable in the future?  Outlaw predatory loans? Lynch all bankers and start over from scratch?"}
{"text": " The Piranha modular design allows for blades to be replaced due to damage or to be re-pitched for performance. The key to the patented Piranha boat propeller is the hub. The center hub is made from a high-strength aluminum core, over molded with our specially-formulated composite material."}
{"text": " http://www.dogukantemizlik.com/ankara-oran-temizlik,2,271730#.WX2SrdTyhdg Ankarada \u00c7ankaya merkezli Temizlik hizmeti veren \u015firketimiz \u00fcst\u00fcn ekipman ve yayg\u0131n hizmet a\u011f\u0131yla ihtiyac\u0131n\u0131z olan temizlik hizmetlerini m\u00fc\u015fterilerine en iyi \u015fekilde sunuyor  Ankara Temizlik , Ankara cleaning companies Olarak \u015eirket Prensiblerimiz Gere\u011fi Verdi\u011fimiz Hizmetlerden Ve \u00c7al\u0131\u015ft\u0131rd\u0131\u011f\u0131m\u0131z Personellerden Tam Anlam\u0131 ile M\u00fc\u015fterilerimizin Memnun Oldu\u011fundan Eminiz."}
{"text": " Same day shipping?  If that's even possible, that would be pretty FUCKING awesome, but how would that work? Fedex and UPS ship on specific schedules every day. They would have to set up their own distribution service to ship out to specific spots.  If I can get same-day shipping, I would definitely choose that over next-day or two-day shipping. Hopefully it costs somewhere around 6.99 per item w/ a Prime membership."}
{"text": " \"Paypal forbids using their credit card service to \"\"give yourself a cash advance or help others to do so\"\". For small ammounts you may get away with it but pushing $10K through a PayPal account is going to raise red flags. In the USA it seems that some cards allow balance transfers from other types of loan while others are restricted to credit cards only. So that is a possibility. Another option can be to find a card with a good deal on purchases. Then move your regular purchases to the card and use the money you would normally have spent on purchases to pay off the other loan. Remember credit cards can be either a very cheap way to borrow or a very expensive way. Which one they are depends on how good you are at negotiating the traps they set up for you. If you do use a credit card deal make sure you  Is it overall a viable option? That depends on the details which are not specified in your hypothetical scenario incluing the persons credit rating , what the interest is like on the existing loan and what the expected time to repay the debt is.\""}
{"text": " Yeah several from bankrate.com:  Seven U.S. states currently don't have an income tax:\u00a0Alaska,\u00a0Florida,\u00a0Nevada,\u00a0South Dakota, Texas, Washington and\u00a0Wyoming. And residents of\u00a0New Hampshire\u00a0andTennessee\u00a0are also spared from handing over an extra chunk of their paycheck on April 15, though they do pay tax on dividends and income from investments.   It's safe to assume where Amazon will move will need to be a tax Haven or at least get massive multi billion dollar tax breaks like New Jersey has proposed. They aren't opening a second location as much as they are moving out of the high min wage high tax rates state they are currently operating in."}
{"text": " If you can afford the cost and risk of 100 shares of stock, then just sell a put option.  If you can only afford a few shares, you can still use the information the options market is trying to give you -- see below. A standing limit order to buy a stock is essentially a synthetic short put option position. [1]  So deciding on a stock limit order price is the same as valuing an option on that stock. Options (and standing limit orders) are hard to value, and the generally accepted math for doing so -- the Black-Scholes-Merton framework -- is also generally accepted to be wrong, because of black swans. So rather than calculate a stock buy limit price yourself, it's simpler to just sell a put at the put's own midpoint price, accepting the market's best estimate. Options market makers' whole job (and the purpose of the open market) is price discovery, so it's easier to let them fight it out over what price options should really be trading at. The result of that fight is valuable information -- use it. Sell a 1-month ATM put option every month until you get exercised, after which time you'll own 100 shares of stock, purchased at: This will typically give you a much better cost basis (several dollars better) versus buying the stock at spot, and it offloads the valuation math onto the options market.  Meanwhile you get to keep the cash from the options premiums as well. Disclaimer: Markets do make mistakes.  You will lose money when the stock drops more than the option market's own estimate. If you can't afford 100 shares, or for some reason still want to be in the business of creating synthetic options from pure stock limit orders, then you could maybe play around with setting your stock purchase bid price to (approximately): See your statistics book for how to set ndev -- 1 standard deviation gives you a 30% chance of a fill, 2 gives you a 5% chance, etc. Disclaimer: The above math probably has mistakes; do your own work.  It's somewhat invalid anyway, because stock prices don't follow a normal curve, so standard deviations don't really mean a whole lot.  This is where market makers earn their keep (or not). If you still want to create synthetic options using stock limit orders, you might be able to get the options market to do more of the math for you. Try setting your stock limit order bid equal to something like this: Where put_strike is the strike price of a put option for the equity you're trading.  Which option expiration and strike you use for put_strike depends on your desired time horizon and desired fill probability.  To get probability, you can look at the delta for a given option.  The relationship between option delta and equity limit order probability of fill is approximately: Disclaimer: There may be math errors here.  Again, do your own work. Also, while this method assumes option markets provide good estimates, see above disclaimer about the markets making mistakes."}
{"text": " No, there's nothing special in mutual funds or ETFs. Wash sale rules apply to any asset."}
{"text": " Wow, everyone tells you different investment strategies. You have all your life ahead of you. Your main focus should not be getting the best return rate, but ensuring your existence. Who cares if you get 7% if you'll lose all in the next market crash and stand on the street with no education, no job and nothing to fall back on? I would go a completely different route in your place: The best advise given above was to not consider this as an option to never work again. It's not enough money for that, unless you want to live poorly and always be afraid that the next financial crises wipes you out completely."}
{"text": " Here's the purely mathematical answer for which fees hurt more. You say taking the money out has an immediate cost of $60,000. We need to calculate the present value of the future fees and compare it against that number. Let's assume that the investment will grow at the same rate either with or without the broker. That's actually a bit generous to the broker, since they're probably investing it in funds that in turn charge unjustifiable fees. We can calculate the present cost of the fees by calculating the difference between: As it turns out, this number doesn't depend on how much we should expect to get as investment returns. Doing the math, the fees cost: 220000 - 220000 * (1-0.015)^40 = $99809 That is, the cost of the fees is comparable to paying nearly $100,000 right now. Nearly half the investment! If there are no other options, I strongly recommend taking the one-time hit and investing elsewhere, preferably in low-cost index funds. Details of the derivation. For simplicity, assume that both fees and growth compound continuously. (The growth does compound continuously. We don't know about the fees, but in any case the distinction isn't very significant.) Fees occur at a (continuous) rate of rf = ln((1-0.015)^4) (which is negative), and growth occurs at rate rg. The OPs current principal is P, and the present value of the fees over time is F. We therefore have the equation P e^((rg+rf)t) = (P-F) e^(rg t) Solving for F, we notice that the e^rg*t components cancel, and we obtain F = P - P e^(rf t) = P - P e^(ln((1-0.015)^4) t) = P - P (1-0.015)^(4t)"}
{"text": " Track your spending and expected income -- on paper, or with a personal-finance program. If you know how much is committed, you know how much is available. Trivial with checks, requires a bit more discipline with credit cards."}
{"text": " Sorry, but that's a load of sh*t.  The economy tanked in March of 2000 when the tech bubble burst.  Projecting the insane bubble economy outwards showed the debt could be paid off, but it was already over when Bush came into office.  (Tax receipts are backwards looking, the stock market is forward looking.  The world knew in early 2000 that the party was over.)"}
{"text": " Hey, I'm also from [Santa Cruz.](http://www.reddit.com/r/santacruzlocals), but not the same one as you. We tried to keep McDonalds (and all other fast food) out for years, but as outsiders began to overrun our town, it became a losing battle. Damn you, Valleys!   Anyway, Go, Santa Cruz!"}
{"text": " &gt; (I know someone who was alone, on a Saturday for all women's clothing).  It could get worse. When I was at Sears, it wasn't unusual to have only two or three people for ALL clothing departments at any given time. So someone would have to be stuck with two entire clothing departments to cover."}
{"text": " There is not any fraud involved. Anybody can gift money to another person."}
{"text": " Will the investor beat the benchmark for a given period will follow a Bernoulli distribution -- each period is a coin toss, and heads mean the investor beat the market for that period.   I can't prove the negative that there is no investor ever whose probability function p = 1, but you can statistically expect a number of individual investors with p ~ 0.5 to have a sequence of many heads in a row, as a function of the total population.   By example, my father explained investment scams and hot-hand theory to me this way when I was younger:  Imagine an investor newsletter which mails out to a mailing list of 1024 prospects (or alternately, a field of 1024 amateur investor bloggers in a challenge).  Half the letters or bloggers state AAPL will go up this week, half that AAPL will go down this week.  In the newsletter case, next week ignore the people we got wrong.  In the blogger case, they're losers, so we don't pay attention to them.  Next week, similar split: half newsletters or bloggers claim GOOG go up, half GOOG go down.  This continues for a 10 week cycle.   Now, in week 10: the newsletter has a prospect they have hit correct 10x in a row: how much will he pay for a subscription?  Or, one amateur investor blogger has been on a 10 week winning streak and wins the challenge, so of course let's give her a CNBC show after Jim Cramer.  No matter what, next week, this newsletter or investor is shooting 50-50.   How do you know this person is not the statistically expected instance backed up by a pyramid of 1023 Bernoulli distribution losers?  Alternately, if you think you're going to be the winner, you've got a 1/1024 shot."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.cnbc.com/2017/10/20/france-emmanuel-macron-theresa-may-problem-nobody-explained-brexit-consequences-british.html) reduced by 57%. (I'm a bot) ***** &gt; French President Emmanuel Macron told CNBC Friday that the problem that U.K. Prime Minister Theresa May has is that nobody explained to the British people the consequences of a Brexit vote.  &gt; When asked if the European Union would be able to make some verbal concessions to allow May to sell a Brexit deal at home, Macron told CNBC that there&amp;#039;s no room for such unofficial compromises.  &gt; &amp;quot;The objectives are fixed, they&amp;#039;re conducted from the European side by Michel Barnier, and we have to respect that,&amp;quot; Macron told CNBC, referring to the EU&amp;#039;s approach of discussing citizens&amp;#039; rights, financial settlement and the Irish border, before moving on to talks on trade.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77pzsw/nobody_explained_the_consequences_of_brexit_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~232167 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*: **European**^#1 **told**^#2 **Brexit**^#3 **U.K.**^#4 **Macron**^#5\""}
{"text": " A guy who does a sports talk show here in the US can be pretty smart about some things.  His advice:  If you are wondering if something is a good idea, say it out loud.  In his book he cites the fact that people thought, at one time, it would be a good idea to allow smoking on airline flights.  Keep in mind you are using liquid oxygen, news paper, and are 10,000+ feet up in the air.  Say it like that and you hit yourself in the forehead. Read the title of your question in a day or two, and you can answer it yourself with a resounding NO."}
{"text": " \"Most people think gasoline = oil.  A title reading \"\"US now exports more refined products than it imports\"\" wouldn't sound as good would it?  There is nothing wrong with my reading comprehension but have a nice day whoever you are.  p.s. your comment history is the creepiest thing I have ever laid eyes on\""}
{"text": " \"Are you being facetious? If so, are you really that dense? Viruses don't have to be on \"\"the network\"\" to cause damage. Someone accessing sensitive information from a compromised device could unknowingly leak company secrets. Smartphones and tablets do get viruses, and it only takes one device to see one file that happens to contain sensitive information.\""}
{"text": " Keep in mind, this is a matter of preference, and the answers here are going to give you a look at the choices and the member's view on the positive/negative for each one.  My opinion is to put 20% down (to avoid PMI) if the bank will lend you the full 80%. Then, buy the house, move in, and furnish it. Keep track of your spending for 2 years minimum. It's the anti-budget. Not a list of constraints you have for each category of spending, but a rear-view mirror of what you spend. This will help tell you if, in the new house, you are still saving well beyond that 401(k) and other retirement accounts, or dipping into that large reserve.  At that point, start to think about where kids fit into your plans. People in million dollar homes tend to have child care that's 3-5x the cost the middle class has. (Disclosure - 10 years ago, our's cost $30K/year).  Today, your rate will be about 4%, and federal marginal tax rate of 25%+, meaning a real cost of 3%. Just under the long term inflation rate, 3.2% over the last 100 years. I am 53, and for my childhood right through college, the daily passbook rate was 5%. Long term government debt is also at a record low level. This is the chart for 30 year bonds.  I'd also suggest you get an understanding of the long term stock market return. Long term, 10%, but with periods as long as 10 years where the return can be negative.  Once you are at that point, 2-3 years in the house, you can look at the pile of cash, and have 3 choices.  We are in interesting times right now. For much of my life I'd have said the potential positive return wasn't worth the risk, but then the mortgage rate was well above 6-7%. Very different today."}
{"text": " Edwards RV pumps have become the industry standard for scientific primary pumping applications. RV pumps are uniquely capable of delivering high or low throughputs with high ultimate vacuum. This, combined with ultra-low noise levels, makes them ideal for a wide range of applications including GCMS and other small bench top type applications."}
{"text": " Dollar is the lingua franca of the financial industry and unluckily it is the US currency. It is till today considered the most safest investment bet, that is why you have China possesing $3 trillion of US debt, as an investment albiet a very safe one. Financial investors get in queue to by US bonds the moment they are put up for sale. Because of the AAA rating the investors consider it to be safe at a specific rate. Now when you lower the credit rating you are indirectly asking the US government that you want a higher return(yield) on your investments. When you ask for higher yields, it translates into higher interest rates (money US would get for bonds issued decreases and so more bonds are issued). So you basically start looking at a slowdown in consumer spendings households and businesses. With already defaults, repossesions and lesser spending, the slowdown would increase manifold."}
{"text": " No, you cannot.  The cash settlement period will lock up your cash depending on the product you trade. Three business days for stocks, 1 business day for options, and you would need waaaaaay more than $5,000 to trade futures."}
{"text": " Saving time, even a few seconds to get up and get your phone is nice. Or while you are doing other tasks like putting groceries away. Maybe it is the programmer in me, but I hate stopping a task to do something else. Ruins momentum."}
{"text": " Fully refurbished to factory standards. The Alcatel 2021I Dual Stage Rotary Vane Pump is coupled with a NW25 Inlet Flange and NW25 Outlet Flange. This Alcatel Rotary Vane Pump has a peak pumping velocity of 14.6 CFM and a final pressure of 1 x 10-3 Torr. It has been thoroughly examined and is ready for broad range of applications within the research and industrial industries."}
{"text": " \"This is the best tl;dr I could make, [original](http://www.latimes.com/business/hollywood/la-fi-ct-netflix-debt-spending-20170729-story.html) reduced by 95%. (I'm a bot) ***** &gt; For the year, the stock is up nearly 50%. It closed Friday at $184.04, up $1.36 or 0.74%. But some industry experts are warning of a Netflix bubble that may burst if the company fails to produce enough hit series to keep attracting new subscribers.  &gt; Some of the best-known shows on Netflix aren&amp;#039;t made by Netflix.  &gt; While Netflix continues to outspend competitors, industry watchers debate what type of content Netflix should be splurging on - prestige projects or blockbuster movies? Thought-provoking documentaries or more Adam Sandler comedies?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6r4sym/notflix_is_20_billion_in_debt_guess_maybe_they/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~181342 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*: **Netflix**^#1 **more**^#2 **year**^#3 **company**^#4 **shows**^#5\""}
{"text": " \"TARP was ~$475 billion of loans to institutions.  Loans that are to be paid back, with interest (albeit very low interest).  A significant percentage of the TARP loans have been (or will be) paid back.  So, the final price tag of the TARP was only a few $billion (pretty low considering the scale of the program). There is ~$10 trillion in mortgage debt outstanding.  That's a much higher price tag than TARP.  Secondly, paying off the mortgages = no repayment to the government as there was with TARP.  The initial price tag of your plan would be ~$10 trillion, instead of a few $billion. Furthermore how does a government with >$15 trillion in debt already come up with an extra ~$10 trillion to pay off people's mortgages?  Should the government go deeper into debt?  Print more money and trigger inflation? (Note:  Some people like to talk about a \"\"secret bailout\"\" by the Fed, implying that the true cost of TARP was much higher than claimed by the government.  The \"\"secret bailout\"\" was a series of short-term low/no interest loans to banks.  Because they were loans, which were paid back, my point still stands.)  Some other issues to consider: Remember that the principal balance of your mortgage is only a small portion of your payments to the bank.  Over 30 years, you pay a lot of $$$ in interest to the bank (that's how banks make a profit).  Banks are expecting that revenue, and it is factored into their financial projections.  If those revenue streams suddenly disappeared, I expect it would majorly screw the up the financial industry. Many people bought houses during the real estate boom, when housing prices were inflated far beyond the \"\"real\"\" value of the house.  Is it right to overpay for these houses?  This rewards the banks for accepting the inflated value during the appraisal process.  (Loan modification forces banks to accept the \"\"real\"\" value of the house.) The financial crisis was triggered by people buying houses they could not afford.  Should they be rewarded with a free house for making poor financial decisions?\""}
{"text": " Buy a house when you can, but keep driving your current car until it dies. In ten years' time, a house should be worth more than you paid for it, while a new car will be worth next to nothing. And research shows that buying possessions like cars doesn't actually make you happier, even though you think it will."}
{"text": " So in a ten year history the company makes one misstep (one which makes perfect sense; it was just an error in timing) and we want to throw out all the leadership and take control?   Where is this kind of uproar at investment banks that leveraged themselves out on a limb in stormy waters? Or at Microsoft that routinely pours money down product holes without marketing and advertising support? Or any of a dozen other companies that make stupid decisions driven by the ego or short-sightedness of the CEO?   No, let's beat on one of the best executives on Wall Street because we're whiny about short-term losses in pursuit of long-term gains.   We need more honeypots for stupid investors like Facebook - maybe if enough idiots get burned they'll just get out."}
{"text": " Yes. W4 determines how much your employer will withhold from your wages. Leaving everything at default would mean that your salary is your only taxable income, and you only take default deductions. Your employee will calculate your tax withholding based on that. But, if your salary is >200k, I assume that you have other income (investment/capital gains, interest on your bank account), which you will have to pay taxes on. You're probably going to have some deductible expenses (business/partnership expenses, mortgage interest, donations, college funds etc) as well. So it is very likely, unless you're really not smart about money, that you have more to do with your taxes than just the employers' withholding."}
{"text": " \"This is accepted law in Pennsylvania, however, I will defer to your expertise and state that the decades long precedents are incorrect and every judge that allows cases to continue is wrong and you are correct.    The Internet is great for things like that.    Hopefully the next person in court can simply state:  No your Honor, the landlord did not follow established law!   Court rulings be damned.    I was on reddit and /u/OriginalSimba stated unequivocally said that what is happening is \"\"legally impossible\"\" and that the decades of precedent that exist is simply because \"\"the court screwed up\"\".    Heck, they can take it further to state that \"\"every lease in Pennsylvania is illegal\"\".    I offer sarcasm as a response but if this was a single ruling I might agree with you.  It's well established here in the great Commonwealth of PA.  I say it's been around 30 years because I've been a landlord here for over 20 years, and a renter for about 10 or so before that.  The clause has always been there.  The basis for today's laws here in PA are from the Landlord Tenant Act of 1951.  I'm not a lawyer so I can't tell you when the first waiver of rights came about but it's very possible it could go back that far.\""}
{"text": " I've never forgotten mine either, but it's a constant fear for me. Couple of friends of mine have. I honestly don't know which machines beep and which don't, but I've heard of people forgetting their cards in ATMs, cigarette vending machines, train ticket machines, McDonald's express order machines and some others I can't remember. The screen of these machines always reminds you, and I think it's hard to forget it, but evidently it does happen.   I still use my cards, it's not like I have a crippling fear every time I use it, I just made a habit of always carrying cash and using it for small stuff. I live in Germany, cash is (still?) Accepted everywhere."}
{"text": " Mostly, when an equity's price rises, its statistical and implied volatilities fall and vice versa. The reason why is a mathematical phenomenon mixed with the reality that a unceasingly falling asset price will soon not exist, skewing the results with survivorship bias.   Since volatility is standard deviation of price indexes, a security that changes in price by the same amount every day will have lower volatility, so a rising price will have lower implied volatility because its mostly experiencing positive daily price change while a recently falling price will have higher volatility because factored together with the positive price changes, the negative price changes will widen the standard deviation of the securities price index. Quantitatively, any change, in or out of one's favor, is a risk because change is uncertain, and any uncertainty is a risk. This quantitative interpretation while valid runs almost totally counter to the value opinion, that a lower price relative to value is a lower risk than a higher price relative to value, but both have their place in time. Over long time periods, it's best to use the value interpretation, quantitative for shorter.  Using the opposite has hastily destroyed many a fund manager."}
{"text": " *ALL* phone calls are intrusive. When they are from someone I know, the intrusion is easily forgiven. When it is from a stranger, there is no reason to forgive the intrusion. When that stranger then tries to sell me something, anything, I am immediately cold to their entreaty.  As to alternatives, the [request for proposal](http://en.wikipedia.org/wiki/Request_for_proposal) is worth considering. When I am in need of something, I invite marketers like yourself to submit proposals. In this case, your phone call is much more welcome because I implicitly asked for it.  &gt; if I truly believe that the product I'm selling is going to improve your life, it would be incredibly fucking rude not to give you the opportunity to obtain it.  Incorrect. You are putting yourself in the position of the evangelist, so consider the perspective of [atheists on Christian evangelism](http://atheism.about.com/od/atheismatheiststheism/a/ObjectEvangeliz.htm)."}
{"text": " Denver has a lot of Whole Foods locations because they are stores that were taken over when Whole Foods acquired the Wild Oats chain that started in Colorado. I'm really surprised that it is currently fulfilled by Sprouts... I wonder if that will change?  I would think that Sprouts would be absolutely feeling threatened by this Amazon move to buy Whole Foods."}
{"text": " As a tourist, you will definitely find New York to be one of the best places to visit during the summers as well as winters. Through our company website which you can save lots of money by selecting the cheap hotels and other transport. Hotels in New York are the most important thing to know about at the time when you are really willing to visit New York City. With TravelGuysOnline travelers may face not anyone difficulty in searching and selecting Cheap accommodation in New York City."}
{"text": " But investing into your own company is already a tax deductible event. Expenditures like Research &amp; Development, employee compensation, and acquiring new equipment are all things that reduce taxable income.  https://www.usatoday.com/story/money/markets/2016/05/20/third-cash-owned-5-us-companies/84640704/  &gt; Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Cisco Systems (CSCO) and Oracle (ORCL) are sitting on $504 billion, or 30%, of the $1.7 trillion in cash and cash equivalents held by U.S. non-financial companies in 2015, according to an analysis released Friday by ratings agency Moody's Investors Service.  That's even more cash concentration than in previous years, as these five companies held 27% of cash in 2014 and 25% in 2013. Apple alone is holding more cash and investments than eight of the 10 entire industry sectors.  1/3 of all dollars created by the US Federal Reserve banking system (physically minted or otherwise) is collectively held by 5 companies. Companies exist to accumulate wealth and will seek to avoid unnecessary expenditures, which includes taxes.  The corporate income tax rate is 35%. For individuals, the top income tax bracket (for every dollar of income above $400,000) is 39.6%.  I argue that dropping the top individual income tax bracket down to 34% will not materially affect these companies (paying 35% income tax) from continuing to just sit on a ludicrous sum of wealth."}
{"text": " As the name says, its for income earned in a Foreign country. If you have been paying US income tax on this while living in the US, nothing is going to change here. You should be informing yourself on how to avoid double taxation in your new country of residence. Passive income earned abroad (dividends, interest) also do not fall under this exemption.  The purpose of the Foreign Earned Income Exclusion is to make it easy for expats who work abroad to avoid double income taxation without going through the complicated process of applying for tax credits. The US is the only industrial country that taxes its residents regardless of where they reside. That is also why it only goes to about $100,000 a year. If you are a high earner, they want to make it more difficult. Also as a side note, since you are going to be abroad for a year. I will point out that if you have more than $10,000 in foreign accounts at any point in the year you need to declare this in an FBAR form. This is not advertised as well as it should be and carries ridiculous penalties for non-compliance. I can't count the number of times I have heard a US expat say that they were unaware of this."}
{"text": " Stockpile?  No. Keep a few around?  Sure, if you are a collector.  I used to collect pennies and I thought the steel pennies from WWII were neat.  I do believe I paid about $0.01 for them at the coin shop.  They might be worth $0.15 if in great condition today. No harm in finding $20 worth of really nice nickels, maybe in chronological order and from the different mints.  Put them in a collector case so they stay nice and chuck them in your fireproof safe with your house deed and insurance policies. But I don't think you are going to hit it particularly big, but it might be a nice thing to pass along as an inheritance."}
{"text": " Social contract is what makes a society work.  I don't see how it is rooted in theft.  If an individual doesn't want to honor it, I suppose the proper thing to do is to leave and find a place that better suits them.  One story I've read of people renouncing their US citizenship was about expatriates who can't afford to pay US taxes on top of local taxes.  I can empathize with a situation like that.  At least they're not trying to have it both ways by not paying taxes and remain US citizens."}
{"text": " This is just a byproduct of high margin, low fixed cost businesses. They are retaining shitloads of earnings with little need, or even ability, to deploy it.   Their growth strategy is probably acquisition based as well (hello Whole Foods), so having billions on the sidelines is optionality to execute quickly on an opportunity if/when it presents itself."}
{"text": " \"Has anyone ever proposed significantly lowering the US corporate tax while simultaneously raising dividend taxes for high income earners? Hell, many economists believe that corporate income should be taxed at 0%. If you do this but are worried about \"\"teh evil corporations\"\" becoming too big and powerful, that's what a high tax on dividend income is for. You can't personally become rich from a corporation without earning dividend or salary income from a corporation's coffers.\""}
{"text": " I didn't  say...  &gt;If a business cannot afford to provide its workers a livable wage, it is a failure as a business.   You did. I just wondered if you had any education or experience to back that up or of you're just spouting off on a subject you don't understand.   You've answered my question. Thanks."}
{"text": " Shinmaywa submersible pumps Submersible pumps play an important role in making sure water doesn\u2019t pool in a home\u2019s basement or is transported to the proper location throughout a building. Sta-Rite pumps are used in both residential and commercial construction and they have some very important features that make them popular among contractors today."}
{"text": " I'm in the US as well, but some basic things are still the same. You need to trade through a broker, but the need for a full service broker is no longer necessary. You may be able to get by with a web based brokerage that charges less fees. If you are nervous, look for a big name, and avoid a fly by night company. Stick with non-exotic investments. don't do options, or futures or Forex. You may even want to skip shares all together and see if UK offers something akin to an index fund which tracks broad markets (like the whole of the FTSE 100 or the S&P 500) as a whole."}
{"text": " Perhaps it seems harsh, but I would get separate accounts: credit cards, savings, retirement, all the way down the line.  Your only joint account should be for paying mortgage/rent and other bills.  And as another poster said, delete all your saved info from browsers &c.  Perhaps you even need to set up separate user ids. If this really is a case of compulsive spending, curing it is likely to be a long, hard process, if it's even possible.  You need to put yourself in a position where you won't be dragged down with him."}
{"text": " Gods are supposed to exist independently from humans - that's part of the belief. Other than that, we really have mapped out old faiths onto the new structure. We are told to have faith, keep our heads down and behave, and we'll have a pleasant retirement (i.e. afterlife). The market will provide, God willing..."}
{"text": " Tax obligation for your parents: NIL The transfer would come under the Gift Tax act. There is no limit on the amount for near relatives. So you can send unlimited amount to your parents and this would not be taxable. However if you parents invest this in FD, Interest on savings, etc ... this income would be taxable.   Nope there is no tax exemption for you on this amount."}
{"text": " I moved from contributing 10% to maxing as my salary rose over the course of three years after graduation.  Because of my raises, my monthly take home still increased, so it was a pretty painless way to increase my 401(k) contribution and also avoid lifestyle inflation. That said, I would not do it if you have any credit card debt, school loans, or an auto loan.  Pay that off first.  Then work on maxing the 401(k).  Personally I rate owning a home behind that, but that's partially because I'm in an area where the rent ratios are barely on the side of buying, so I don't find buying to be a pressing matter. One thing to investigate is if your company offers a Roth 401(k) option.  It's a nice option where you can go Roth without worrying about income limits.  My personal experience does not include a Roth IRA because when I still qualified for one I didn't know much about them, and now that I know about them I have the happy issue of not qualifying."}
{"text": " Depends. I recall *healthy* food like grilled chicken and veggies being less expensive in Ireland compared to when I returned to the US.  But a family-sized bag of candy? Cheaper in the US. In fact, grab three because the third is free after you buy your second!"}
{"text": " \"I think you misunderstand the purpose of the liability account.  I would suggest you review the standard accounting model, but to give you a brief overview: Income and expenses are money coming into and out of your possession.  They are the pipes flowing into and out of your \"\"box\"\".  Inside your box, you have assets (bank, savings, cash, etc) and liabilities (credit cards, unpaid debts, etc).  Money can flow into and out of either asset or liability accounts, for example: deposit a payment (income to asset), buy office supplies with cash (asset to expense), pay a bill with credit card (liability to expense), customer pays one of your debts directly (income to liability).  Paying off a debt with an asset does not affect your overall net worth, so paying a check to your credit card bill (asset to liability) doesn't decrease your total balance, it merely moves the value from one bucket to another. Now to your question: Mandatory payments, such as taxes or insurance (or for that matter, utilities, rent, food- all things that \"\"must\"\" be bought occasionally) are not liabilities, instead they are all expenses.  They might be paid FROM a liability account, if they are paid on credit for example, but the money still flows from liability to expense.  In my own records I have Expense:Taxes and Expense:Insurance, with sub-accounts in each.  Where the money comes from depends entirely on how I pay my bills, whether from cash or banks (asset) or whether it's a charge (liability).  Sometimes you receive payments back from an insurance company.  I find that rather than treating insurance premiums as a positive balance in a liability (with eventual payments as debits to the liability account), it is better to treat any payment from the insurance as income. Hope that helps!\""}
{"text": " The equity you have is an asset. Locked away until you sell, and sometimes pledged as a loan if you wish. The idea that it's dead money is nonsense, it's a pretty illiquid asset that has the potential for growth (at the rate of inflation or slightly higher, long term) and provides you an annual dividend in the form of free rent.  In this country, most people who own homes have a disproportionate amount of their wealth in their house. This is more a testament to the poor saving rate than anything else. For me, a high equity position means that I can sell my home and buy a lesser sized house for cash. I am older and my own goal (with the mrs) is to have the house paid and college for the kid fully funded before we think of retiring. For others, it's cash they can use to rent after they retire. I hope that helped, there's nothing magic about this, just a lot of opinions."}
{"text": " Take a look at Everbank. They offer CDs and Money Market Accounts denominated in Euros for US residents.  https://www.everbank.com/personal/foreign-currencies.aspx"}
{"text": " Well, you still have to pay to ship &amp; store paper, ink, binding materials, and book-binding printers &amp; parts.   If only there was some kind of electronic \u201cinfinite page\u201d device that would offer truly zero marginal distribution cost. Maybe they could give it a snazzy name like *Kimble* or something. :P  Of course I\u2019m kidding, if someone wants a printed book that\u2019s what they want."}
{"text": " I would focus entirely on the emergency fund first and get it built up as fast as you can.  Once that is in place, you've got a cushion that will keep you from going into debt in an emergency.  Depending on your monthly expenses, $2000 seems low for that.  I'd aim for 3-6 months worth of expenses. Note that this is $800 less than your monthly income because of your savings. Once you have your emergency fund in place, then follow a formula like @MrChrister's to invest for retirement and save for future major purchases (car, house, vacation, etc)."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.theguardian.com/science/political-science/2017/jul/21/concorde-was-the-flying-brexit-a-different-era-but-the-same-mistakes?CMP=Share_AndroidApp_reddit_is_fun) reduced by 90%. (I'm a bot) ***** &gt; Concorde, the fastest lame duck ever built, was a flying Brexit.  &gt; What did politicians say about Concorde? Well, Concorde was not only going to bring supersonic speed to civil air travel, but also ensure that Britain could capture a crucial new export market and create a world-beating aviation industry in the coming supersonic revolution.  &gt; As secretary of state for industry, Tony Benn revealed to parliament in 1974 that Britain would not recover any of the &amp;pound;600m that the government spent on Concorde.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6opnmm/concorde_a_different_era_but_the_same_mistakes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~172326 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*: **Concorde**^#1 **Britain**^#2 **government**^#3 **project**^#4 **cost**^#5\""}
{"text": " \"College courses focus mainly on theory. In the real world you'll need to learn the tools to gather and analyze the data.  For the most part what is taught in college is pretty worthless. I remember my database class in business school was about \"\"database theory\"\". Is was a complete waste of time and money. Didn't learn a single useful thing.  Learning these hands on things will put you ahead of 95% of your peers.  SQL is the coding language used in data bases  R is used for statistical analysis   OBIEE is a reporting tool that can link to data bases then report the data  Tableau another reporting tool the is more visual than OBIEE  None of the things are difficult to learn. So don't be intimidated.   TLDR I learned more by spending $100 on udemy then in college.\""}
{"text": " I'm delighted that the people who work for me fly in the appropriate class. I want them to arrive fresh, rested and prepared to do a great day's work.  If I'm paying for an employee to fly somewhere it's because they're smart, capable and are going to create value at their destination.  As a shareholder, why would you want them turing up tired, fractious, annoyed and unhappy?"}
{"text": " Get a wide range of services for cylinder heads by reaching out to a competent company. From reconditioned cylinder heads to crack testing, chemical cleaning, grinding, manifold repairs, injector tube fitting, wet blasting and valve guide repairs you will get all these services at such companies."}
{"text": " Yes, of course there's a fundamental difference between legislation and business practices. But what you just described is the very definition of a globalist:  &gt;a person or organization advocating or practicing operations across national divisions  If you talk a big game about restricting people from coming to one place, while you work a business that makes money from everyone all over the world, you're still a globalist.  A true anti-globalist leader would do all of his business inside of his chosen country, and would go out of his way to not rely on external markets."}
{"text": " I think it's advisable to exercise a fair amount of caution when posting information about yourself online. With the advances in data aggregation efforts, information that would have been considered sufficiently anonymized in years past might no longer be sufficient to protect you from bad actors online. For example, depending on which state, and even which county you live in, the county recorder's office may allow anyone with Internet access to freely search property records by your name. If they know approximately where you live (geolocation from the IP address that you use to post to a blog--which could be divulged if criminals compromised the blogging site) and your surname, they might be able to find your exact address if you own your home. If you have considerable wealth it could open you to targeted ransom attacks from organized criminals."}
{"text": " \"I still don't understand this \"\"analysis.\"\"  Even when the US became the world's largest economy in 1880, the British Pound remained the reserve currency of choice until the 1950s, some seventy years later!  Investors prefer stability and property rights and the US has both, especially when considering the alternatives, i.e. Euro tax takings on bank deposits in Cyprus.    What about the yuan? China may have recently surpassed US economic power, but it is very likely in the midst of a massive credit bubble. China has also been fudging some of their numbers and in many cases, chooses not to keep economic records at all. The fact that many Chinese elites themselves are buying property in Vancouver and the US as a safe harbor also does not bode well for their systemic problems IMO. I'm sticking with the dollar for now.\""}
{"text": " I don't think you can always assume a 12-month time horizon.  Sometimes, the analyst's comments might provide some color on what kind of a time horizon they're thinking of, but it might be quite vague."}
{"text": " \"YLed by the long-haul segment, sales of WDM gear set a revenue record of $2.6 billion, according to a new quarterly report from Dell'Oro Group. The market research firm says the figure represented a spike of 10% versus the year-ago quarter. \"\"The WDM market growth isn't slowing down,\"\" said Jimmy Yu, vice president of optical transport research at Dell'Oro. \"\"The recent second quarter growth of 10% marked the 18th consecutive quarter that the WDM market has increased. Furthermore, as an indication of the market's strength, 12 of those 18 quarters grew at double-digit percentage rates.\"\"  DWDM long-haul equipment revenue jumped 18% versus 2Q13, while WDM metro equipment sales grew 4% year-over-year, according to the report. \"\"A number of factors are driving the strong growth of WDM, the most significant of which is the global adoption and penetration of 100-Gbps wavelengths in long haul applications,\"\" explained Yu. \"\"It's also one of the reasons why DWDM long haul equipment revenue growth rates have been outpacing that of WDM metro equipment for the past two years.\"\"\""}
{"text": " \"It's one thing to piss off a few million \"\"regular\"\" people.   Piss off a couple thousand rich people and you're in real trouble.   Just imagine if there are any politician's details in that high income mix?  What if there's information that's on that CD that isn't in their financial disclosure?  ----  Side note:   People still use CDs?\""}
{"text": " Yes this is a scam. Stay as far away as possible. Don't talk or send any messages. The more you talk, she would convince you that this is not a scam. Armed Forces have a very good way of taking care of their people. They don't need to do something like this."}
{"text": " &gt; But, banks won't allow it.  It's not just banks - the Republican party seems to have had it in for the US Postal Service for the past decade.  Possibly because it's seen as trustworthy and effective, so they want to make it worse so people won't have things like that associated with government.  In 2006 at the height of their majorities in Congress they managed to pass that bill that forces the USPS to lose money rapidly, and has been forcing it to lay off people and close post offices and chip away at how convenient and effective it is.  But, postal banking could turn that around.  With it the USPS might bring in some income to balance out the expenses of that 2006 legislation.  People might even object more to post offices closing, or try to reopen them.  It would undermine a major part of Republican policy."}
{"text": " Monopolies are much more likely to come to power if there is no government. Monopolization is a common result of capitalism. Government is the only entity that can challenge a monopoly.  The wars we do not want are the result of our elections. If we had no military and no government, an outside government/military could invade us. That's a much bigger problem than us going to war in far away places.  Stupid, uneducated people won't go away when there's no government. Currently, they are relatively passive. What happens when they can't afford food and the laws are vague and uncertain? They will riot. Or worse. Revolt. Is your private police force going to shoot them? Imprison them? Who is going to pay for that?  We have far more control over the government than we do over big, multi-national corporations. How do you and I have any influence over Comcast or Bank of America? We are helpless against them. Fortunately, they don't have that much power right now. That would change if they took over the police and court system."}
{"text": " \"This is the best tl;dr I could make, [original](https://newrepublic.com/article/142368/devastating-effects-dental-inequality-america) reduced by 82%. (I'm a bot) ***** &gt; While America&amp;#039;s private dental industry makes it difficult to institute universal care, the option remains the only salve for our country&amp;#039;s dental inequality.  &gt; She describes efforts to expand the use of auxiliary dental professionals in neglected areas of the country, sending dental hygienists or &amp;quot;Dental health aide therapists&amp;quot; to do tooth cleanings and other routine sorts of dental work.  &gt; No doubt non-dentist dental professionals could be more widely employed, but a system in which the well-off see dentists and the poor see dental professionals with lower levels of training would be fundamentally inequitable.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejbyh/why_dont_people_just_go_to_the_emergency_room_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133526 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **dental**^#1 **Health**^#2 **care**^#3 **dentist**^#4 **more**^#5\""}
{"text": " Their biggest problem is that their main industry is shipping. Anything they could do to their currency wouldn't help the shipping industry at all. They can't even raise taxes, they aren't the only convenience flag in the world and ships are obviously very easy to move out.  The only industry they have that could get any benefit from a devaluation would be tourism, but that would be mostly negated by moving out of the euro."}
{"text": " \"This is the best tl;dr I could make, [original](http://larrysummers.com/2017/10/22/one-last-time-on-who-benefits-from-corporate-tax-cuts/) reduced by 90%. (I'm a bot) ***** &gt; The analysis from Hassett, chief of the White House Council of Economic Advisers, relies heavily on correlations between corporate tax rates and wages in other countries to argue that a cut in the corporate tax rate would boost returns to labor very substantially.  &gt; The authors include no corporate tax detail, no recognition of the impact of the tax proposal on asset prices, and no treatment of the budget consequences of tax cuts.  &gt; The newest boldest bit of claim inflation regarding the tax bill comes from the Business Roundtable: &amp;quot;a competitive 20 percent corporate tax rate could increase wages sufficient to support two million new jobs.&amp;quot; This would, coupled with job growth projected even in the absence of a corporate rate cut, take the unemployment rate well below 3 percent! I would be very interested to see the underlying analysis.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/78551e/summers_one_last_time_on_who_benefits_from/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~233281 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*: **tax**^#1 **corporate**^#2 **rate**^#3 **cut**^#4 **investment**^#5\""}
{"text": " In the UK at least, dealers definitely want you to take finance. They get benefits from the bank (which are not insubstantial) for doing this; these benefits translate directly to increased commission and internal rewards for the individual salesman. It's conceivable that the salesman will be less inclined to put himself out for you in any way by sweetening your deal as much as you'd like, if he's not going to get incentives out of it. Indeed, since he's taking a hit on his commission from you paying in cash, it's in his best interests to perhaps be firmer with you during price negotiation. So, will the salesman be frustrated with you if you choose to pay in cash? Yes, absolutely, though this may manifest in different ways. In some cases the dealer will offer to pay off the finance for you allowing you to pay directly in cash while the dealer still gets the bank referral reward, so that everyone wins. This is a behind-the-scenes secret in the industry which is not made public for obvious reasons (it's arguably verging on fraud). If the salesman likes you and trusts you then you may be able to get such an arrangement. If this does not seem likely to occur, I would not go out of my way to disclose that I am planning to pay with cash. That being said, you'll usually be asked very early on whether you are seeking to pay cash or credit (the salesman wants to know for the reasons outlined above) and there is little use lying about it when you're shortly going to have to come clean anyway."}
{"text": " &gt; The main purpose of a corporation is to increase shareholders' wealth. Neither the workers, nor the CEO deserve anything from the profits, their pay has already been deducted as an expense.  This is the modern interpretation, yes. It is NOT the correct interpretation.  It used to be that the purpose of a corporation was to CREATE something - a product, a service...The profits were merely an incentive and a method to *continue* to create something. It is when that definition got corrupted that this whole mess started snowballing. Shareholders were supposed to be supporters of this creation - who were then rewarded for risking their money by having it repaid with a 'bonus' percentage of the profits.   Now that everything is ONLY 'for the profit' only, the creators (not the idea person - the actual, physical *creators* of the product or service) that started the whole thing in the first place are getting screwed. And, yes, they DO deserve some of the fruits of *their own* darn work.  Again, I reiterate: attitudes like that are why the economy is in the crapper. When you put profit before all else and run around screaming 'Mine! Mine! Mine!' about them, then you are engaging in the slash-and-burn policies that are the cause of the whole mess."}
{"text": " Obama never helped with the debt overhand on households as he promised.  All the overleveraged household debt due to homes with first and/or second mortgages that exceeded the value of the home was more or less unrelieved by his HAARP program, and other programs that were supposed to relieve overleveraged households.  So the debt overhand was never addressed and is still being worked through as  millions of homeowners pay down mortgages.  It's going to continue for a few more years, until people start building up equity again.  This all affects the economy, as consumers have less money to buy things with or maintain solvency, as trillions are still being funnelled to finance companies and investors in real estate derivatives.  For example, a large part of the student loan bubble is due to this debt, since many homeowners who would have, in the past, taken out tax deductible equity loans to finance their kids's education, can no longer do so.  Instead, a portion of student debt is being carried by the kids themselves, whoo graduate under debt and can't buy their own homes or spend their paychecks, for years or decades.  There has been widespread non-compliance among banks with Obama's HAARP program and other measures intended to provide homeowners from the housing bubble debt overhang, but the Administration never followed through or engaged in enforcement actions that encouraged compliance.  Those programs were therefore ineffective and/or were always intended just to be window-dressing, or faux achievements.  The banks are still raking in trillions of undue profits from overpriced mortgages created during the housing bubble their practices helped create.  Those trillions are coming out of the rest of the economy, where the dollars would be better spent."}
{"text": " \"The real question you're asking is how you can work for your business. You cannot. Whether your \"\"friend\"\" pays you or not is entirely irrelevant. Claiming your work-related earnings as interest/dividend will make it also a tax fraud, in addition to the immigration violation (i.e.: not only deportation but also potentially jail time).\""}
{"text": " It\u2019s fascinating that you think you\u2019re right, but more so that you think you are speaking well know truths. It\u2019s fascinating because there are hundreds of studies done on each of these topics and there\u2019s been no definitive answer. Some studies say it has nothing to do with race, some studies say it has nothing to do with socioeconomic factors, and some say \u201cwe don\u2019t know.\u201d  Yet here you are, standing as the racial expert of Reddit spouting what you believe is the truth everyone is ignoring. And perhaps what takes more guts is that you are doing it and pretending to have a wealth of evidence for your belief!  Just save us all the time and admit you\u2019re a racist. Don\u2019t bullshit and pretend to be well read on such complex issues. Just say \u201cI\u2019m a racist and I hate black people\u201d and move on. Don\u2019t insult our intelligence by pretending to be smart."}
{"text": " A long straddle using equity would be more akin to buying a triple leveraged ETF and an inverse triple leveraged ETF, only because one side will approach zero while the other can theoretically increase to infinity, in a short time span before time decay hits in. The reason your analogy fails is because the delta is 1.0 on both sides of your trade. At the money options, a necessary requirement for a straddle, have a delta of .5 There is an options strategy that uses in the money calls and puts with a delta closer to 1.0 to create an in the money strangle. I'm not sure if it is more similar to your strategy, an analogous options strategy would be better than yours as it would not share the potential for a margin call."}
{"text": " Yield can be thought of as the interest rate you would receive from that investment in the form of a dividend for stocks or interest payments on a bond.  The yield takes into account the anticipated amount to be received per share/unit per year and the current price of the investment.   Of course, the yield is not a guaranteed return like a savings account.  If the investment yield is 4% when you buy, it can drop in value such that you actually lose money during your hold period, despite receiving income from the dividend or interest payments."}
{"text": " Do you really think that just because a business doesn't deal directly with the government they have NO interest in policy? Minimum wage laws, parental leave, immigration, regulations... all these things  and many more impact business regardless of direct business with government.  It's hard to imagine a business that DOESN'T have at least some interest in what the economic climate the government of the day is creating."}
{"text": " \"I wouldn't call them favorable.  Edmunds report provides a very long repair list and in the last sentence concludes that Model S is \"\"hard to recommend\"\".  Consumer Reports provides a similar list of component failures, some of which likely caused significant inconvenience, even if they were covered by warranty; the review title says that Model S has \"\"more than its share of problems\"\".    Though both reviews emphasize the quality of Tesla service, they're a significant step down from glowing initial reviews of Model S.\""}
{"text": " \"I think you need to define what you mean by \"\"buy currency online using some online forex trading platform\"\" ... In large Fx trades, real money [you mean actual electronic money, as there is not paper that travels these days]...   The Fx market is quite wide with all kinds of trades. There are quite a few Fx transactions that are meant for delivery. You have to pay in the currency for full amount and you get the funds electronicall credited to you in other currency [ofcouse you have an account in the other currency or you have an obligation to pay]. This type of transaction is valid in Ismalic Banking. The practise of derivaties based on this or forward contracts on this is not allowed.\""}
{"text": " I'm not familiar with it. However you might be interested in [Lords of Finance](http://www.amazon.co.uk/Lords-Finance-Great-Depression-Bankers/dp/009949308X/ref=sr_1_1?ie=UTF8&amp;qid=1323967392&amp;sr=8-1). That's a history book about the economics and the central bankers of the Great Depression. It wasn't written with the current crisis in mind, but it covers what happened last time a similar situation arose, and the consequences of the decisions the central banks made. My guess is that after reading that, you're going to be as well informed as most economists. Also it's a very good read!"}
{"text": " DeFuniak Springs Bradshaw`s Painting are very professional and efficient and did a great job making sure every detail of the paint job was done to our satisfaction. I would recommend them to anyone who needs some painting work done on their home or business."}
{"text": " The best answer I can give is - be prepared for change. There's no perfect question you can ask or assurance you can get prior to accepting the offer that will give you any particularly perfect security or sense of stability here.  The company itself is going through a change of identity that can change how it will do business and even what the business is and how revenue is acquired.  In the time of the acquisition your role within the company could change radically for better or worse, it could even be eliminated entirely. If that type of uncertainty doesn't appeal to you - don't take the position. If you are absolutely psyched about this job, the best thing you can do is to learn more about the business itself and see if you can make any educated bets about how your role will play into the changes in business strategy that will come with the acquisition."}
{"text": " Is legacy software pretty standard across the board for trading firms and bulge bracket banks?   I was surprised to learn how old the internal software the place I'm interning at is. Chalk it up to me being young.  Thanks!"}
{"text": " The short answer is yes, electrical vehicles make logistical sense. The batteries aren't quite where they should be to really push the market, but the lifecycles are high enough, and the batteries themselves can be recycled.   There are two major advantages that electric has over oil. The first is that electricity is abundant and can come from many sources. This means that a car can be running on power from coal, wind, solar, hydro-electric, or any other source of electricity. This also means that the cost per mile driven is generally lower than the cost of a gas driven car.   Another big advantage is the national security it offers. If electric were to really enter the consumer market in a big way, the dependency on countries in the Middle East and Africa would be lessened. It would also ease some of the competition between nations like China and the United States over natural resources.   Of course their are problems with electric cars as well, and they aren't even close to replacing gas for use in heavy machinery."}
{"text": " \"Great question!  A Yield Curve is a plot of the yields for different maturities of debt. This can be for any debt, but the most common used when discussing yield curves is the debt of the Federal Government. The yield curve is observed by its slope.  A curve with a positive slope (up and to the right) or a steepening curve, i.e. one that's becoming more positively sloped or less negatively sloped, may indicate several different situations. The Kansas City Federal Reserve has a nice paper that summarizes various economic theories about the yield curve, and even though it's a bit dated, the theories are still valid. I'll summarize the major points here. A positively sloped yield curve can indicate expectations of inflation in the future. The longer a security has before it matures, the more opportunities it has to be affected by changes in inflation, so if investors expect inflation to occur in the future, they may demand higher yields on longer-term securities to compensate them for the additional inflationary risk. A steepening yield curve may indicate that investors are increasing their expectations of future inflation. A positively sloped yield curve may also reflect expectations of deprecation in the dollar. The publication linked before states that depreciation of the dollar may have increased the perceived risk of future exchange rate changes and discouraged purchases of long-term Treasury securities by Japanese and other foreign investors, forcing the yields on these securities higher. Supply shocks, e.g. decreases in oil prices that lead to decreased production, may cause the yield curve to steepen because they affect short-term inflation expectations significantly more than long-term inflation. For example, a decrease in oil prices may decrease short-term inflation expectations, so short-term nominal interest rates decline. Investors usually assume that long-term inflation is governed more by fundamental macroeconomic factors than short-term factors like commodity price swings, so this price shock may lead short-term yields to decrease but leave long-term relatively unaffected, thus steepening the yield curve. Even if inflation expectations remain unchanged, the yield curve can still change. The supply of and demand for money affects the \"\"required real rate,\"\" i.e. the price of credit, loans, etc. The supply comes from private savings, money coming from abroad, and growth in the money supply, while demand comes from private investors and the government. The paper summarizes the effects on real rates by saying Lower private saving, declines in the real money supply, and reduced capital inflows decrease the supply of funds and raise the required real rate. A larger government deficit and stronger private investment raise the required real rate by increasing the demand for funds. The upward pressure on future real interest rates contributes to the yield curve's positive slope, and a steepening yield curve could indicate an increasing government deficit, declines in private savings, or reduced capital coming in from abroad (for example, because of a recession in Europe that reduces their demand for US imports). an easing of monetary policy when is economy is already producing near its capacity ... would initially expand the real money supply, lowering required short-term real interest rates. With long-term real interest rates unchanged, the yield curve would steepen. Lower interest rates in turn would stimulate domestic spending, putting upward pressure on prices. This upward price pressure would probably increase expected inflation, and as the first bullet point describes, this can cause long-term nominal interest rates to rise. The combination of the decline in short-term rates and the rise in long-term rates steepens the yield curve.  Similarly, an inverted yield curve or a positively sloped yield curve that is becoming less steep may indicate the reverse of some or all of the above situations. For example, a rise in oil prices may increase expectations of short-term inflation, so investors demand higher interest rates on short-term debt. Because long-term inflation expectations are governed more by fundamental macroeconomic factors than short-term swings in commodity prices, long-term expectations may not rise nearly as much as short term expectations, which leads to a yield curve that is becoming less steep or even negatively sloped. Forecasting based on the curve slope is not an exact science, just one of many indicators used.  Note - Yield Curve was not yet defined here and was key to my answer for What is the \"\"Bernanke Twist\"\" and \"\"Operation Twist\"\"? What exactly does it do? So I took the liberty of ask/answer.\""}
{"text": " I have seen this happen with IRS checks, the bank told me that the IRS imposes the requirement.  Otherwise, though, I have frequently deposited checks made out to my wife into a joint checking account without her signature, they have never cared one bit."}
{"text": " Nothing.  Retail is not going to go away, it will change and transmutate, and just like evolution it will be a gradual change with some pieces falling off the cliff, but no disasters.  AMZN / WMT are leading the change, others will follow; most of the retail business models will become antiquated and replaced."}
{"text": " A white paper is an educational paper that's about 5 to 10 pages long.  They are great tools for a decision maker to use.  Clear and concise.  May have some graphics as well.  Non- hype wording as well.  In consulting, we used them as leave behinds and they are invaluable."}
{"text": " You should be able to take a loan out on the 401(k).  You can't do a roll-over unless you leave your job.  If your 401(k) is that bad, you should consider maxing out your IRA contributions first and putting the rest into your 401(k) - so if you're putting away about 7k a year, lower your withholding to 1500 and put 5500 into an IRA."}
{"text": " \"as someone that works in finance, i will say it is really hard to get out of the sales web, regardless of where you are.  i don't want to discourage you, but you will need to get advanced degrees/certification to get into analysis or fund management. there are plenty of broker/service roles available at large broker-dealers, but you will take a pay cut and likely only advance to your current pay in those roles. and you will still have some \"\"soft\"\" sales responsibilities.  all that being said, if you want to go this route, go for it - and the sooner the better. if you are smart and hardworking, you can wrap up your bachelors in 2 years and then go for the CFA over the next 3. you'll need some luck to do the CFA in that amount of time (as there are 3 levels that take a minimum of 1 year each to complete), but you could potentially have some traction in 5-6 years.   so it would be difficult, but achievable. the CFA will qualify you for some corporate finance roles as well. i have some friends that were hired to these positions after only passing the first or second levels of CFA, but i believe they had accounting/finance background already.  i think that, regardless of your intermediate term plan, getting a bachelors is a great next move. it's a minimum in a growing number of financial roles. you can also look at getting the CFP, which is less demanding and quicker, but it will remove you less from the sales process. (you need a bachelors to qualify for the CFP, too)\""}
{"text": " \"&gt;I'm playing devil's advocate mostly  I should hope so, because it seems disingenuous to suggest that viewing \"\"tons of photos\"\" is equivalent to seeing and touching something in real life, particularly shoes or clothes.  Also, say, for example, you go to your local shoe store and try on a pair of shoes. Your usual size is 9.5, so you try that on first. But it feels big, and a 9 fits you better. If you'd gone to Amazon without going to the store first, even though they offer free exchanges, you'd still have to deal with the costs of printing out a return label, boxing them up, going to the post office, waiting two days for them to arrive at Amazon, and waiting two days for the new pair. But going to the store first saved you that cost, and the store doesn't get any reward for it.  I'm not condemning you or anyone else for doing this. But I would feel guilty about it, and I'm trying to explain why.\""}
{"text": " I'm a native English speaker and managed a team of Hungarian developers. Ranged from 15 people to 22 at our biggest, I think. I was not quite fluent in Hungarian at the time, and I found it was actually much easier than you would expect to manage the team.  The majority of them had at least a little bit of familiarity with English, but only one or two were fluent.  So, for the most part, the team liked to help me find the right words/phrasing for what I was trying to say. It became a collaborative effort, rather than me telling them what to do.  Plus, the unintended hilarity of saying entirely the wrong thing always broke the tension.  Being not fully fluent also required us all to keep our communications and thoughts rather basic. So we couldn't get mired in jargon, or go off into the weeds on some bit of esoteric nonsense. We kept it simple.  And if something complex needed to be expressed, then I could talk in detail with one or two of the guys that spoke English well, and they could translate for the rest of the team."}
{"text": " Making a game is hard enough, focus on that. If/when you start getting close to having something to sell, then if you're serious and want the company to grow into a full time venture, briefly consult with a lawyer and possibly accountant to set this up. It will save you a lot of time researching what you have to do and a lot of headache from potentially doing things wrong. If you want to try to do it on your own, I'd recommend getting a book on starting a business because there is more to know than a single post can cover.  You'll probably have to file for a DBA (doing business as) at your city hall in order to be allowed to refer to yourself as the name of your company (otherwise you have to use your personal name). Initiating that will likely initiate annual business taxes in your town in addition to the cheap filing fee. You also want to consider how you will handle trademark (of your business and game) and copyright (of your game). If this is going to grow, you'll have to have contracts written for either employees or for freelancers who might produce assets for you. You may also need to consider writing an EULA for your game, privacy policies, etc. Additionally, you'll likely have to file with your state to collect and send sales tax. You'll also want to meticulously track costs and revenue related to your business. Formally starting a business will likely open you up to property, sales and income tax. For example, where I am, was even taxed on the equipment the business uses (e.g. computers). This is why it makes sense to wait until you're closer to having a product before you try to formally start a business and to consult with professionals on the best way.  The type of business you should form will depend on the scope you plan for the company and the amount of time/money you're willing to put in. A sole proprietorship (what you are by default) means there is no difference legally/financially between you as an individual and you as a company. This may be suitable if this is just a hobby, but not if you intend it to grow because that means any lawsuit directed at your company and its money is also directed at you and your money. The differences between an LLC and corporation are more nuanced and involve differences in legal and tax treatment, however, they both shield you from the previously mentioned problem. If you want this to be more than a hobby you should form either an LLC or a corporation. Do some research on the differences and how they might apply to you and in your state."}
{"text": " The original owner of the shares can pledge their shares to be short, and they earn interest from lending their shares. The conditions of this arrangement are detailed in standard agreements all market participants sign with their broker, or clearinghouse, or with the exchange, or with the self regulatory agency. Stocks within the same class are identical, despite someone's sentiment to an old share certificate that their grandparents gave them, and as such can be sold and returned to the beneficial owner multiple times with no difference. That is how it is supposed to work anyway, as naked shorting involves selling fictional shares that have no beneficial owner. So there are market inefficiencies in this practice, but the agreements between market participants are sound and answers your question about how."}
{"text": " You are close to understanding, but it looks like you are slightly off: regular 401K - The amount you contribute is taken out of your taxable income for tax purposes in the tax year you earn it. However, when you take it out at retirement that withdrawal counts as income for tax purposes. (You pay the tax on the money later) Roth 401K - The amount you contribute is not taken out of your taxable income for tax purposes in the tax year you earn it. However, when you take it out at retirement that withdrawal will not as income for tax purposes. (You pay the tax on the money now.) Additional benefit: You don't pay tax ever on the gains."}
{"text": " The bonus share also improves the liquidity however there is some difference in treatment. Lets say a company has 100 shares, of $10 ea. The total capital of the compnay is 100*10 = 1000. Assuming the company is doing well, its share is now available in the market for $100 ea. Now lets say the company has made a profit of $1000 and this also gets factored into the price of $100. Lets say the company decides to keep this $1000 kept as Cash Reserve and is not distributed as dividends.   In a share split say (1:1), the book value of each share is now reduced to $5, the number of shares increase to 200. The share capital stays at 200*5 = 1000. The market value of shares come down to $50 ea.   In a Bonus share issue say (1:1), the funds $1000 are moved from Cash Reserve and transferred to share capital. The book value of each share will remain same as $10, the number of shares increase to 200. The share capital increases to 200*10 = 2000. The market value of shares come down to $50 ea.   So essentially from a liquidity point of view both give the same benefit. As to why some companies issue bonus and not a split, this is because of multiple reasons. A split beyond a point cannot be done, ie $10 can be split to $1 ea but it doesn't look good to make it $0.50. The other reason is there is adequate cash reserve and you want to convert this into share holders capital. Having a larger share holders capital improves some of the health ratios for the compnay. At times bouns is used to play upon that one is getting something free."}
{"text": " I think an IOPT is a Dutch warrant.  Someone else might understand what this is."}
{"text": " If you are refering to company's financial reports and offerings, the required source for companies to disclose the information is the SGX website (www.sgx.com) under the Company Disclosure tab.  This includes annual statements for the last 5 years, prospectus for any shares/debentures/buy back/etc which is being offered, IPO offers and shareholders meetings. You may also find it useful to check the Research section of the SGX website where some of the public listed companies have voluntarily allowed independent research firms to monitor their company for a couple of years and produce a research report. If you are referring to filings under the Companies Act, these can be found at the Accounting and Regulatory Authority (ACRA) website (www.acra.gov.sg) and you can also purchase extracts of specific filings under the ACRA iShop. To understand the Singapore public listing system and the steps to public listing, you may find it useful to purchase one of the resource documents available for Singapore law, finance, tax and corporate secretaryship which are sold by CCH (www.cch.com.sg). Specifically for public listing the Singapore Annotated Listing Manual may help.  It is common practice for companies here to employ law firms and research firms to do the majority of this research instead of doing it themselves which I one of the reasons this information is online but perhaps not so visible. I hope I have understood your question correctly!"}
{"text": " After a course in web designing he joined an Export house where for the first time he used his skills to procure international orders. This was the starting point. His next two jobs saw him working for a travel and tourism and IT Company. Both had elements of digital marketing-something he loved doing."}
{"text": " you should put it all down within reason. I don't think most people have any big names on their resumes when they apply, but having substantive experience to talk about is important. Just because its not a multinational company doesn't mean your experience is invalidated or anything. If you feel like any of your experience lines are not particularly important, you can either list then as a line item with no experience description, or you can get rid of them entirely. But you should definitely have your experience from at least the last two years listed, as well as anything relevant to business/finance."}
{"text": " Something really does seem seedy that if I invest $2500, that I'll make above 50k if the stock doubles. Is it really that easy? You only buy or sell on margin. Think of when the stock moves in the opposite direction. You will loose 50k. You probably didn't look into that. Investment will vanish and then you will have debt to repay. Holding for long term in CFD accounts are charged per day. Charges depends on different service providers. CFD isn't and should not be used for long term. It is primarily for trading in the short term, maybe a week at the maximum. Have a look at the wikipedia entry and educate yourself."}
{"text": " One reason is mergers and acquisitions. The large companies that make up the S&amp;P500 continue to grow by buying smaller companies. This enables them to grow at a faster rate then just organic growth.  Another reason is that many of the large companies making up the S&amp;P500 operate on a global scale or at least not just in the USA. By doing so they access markets with higher GDP growth rates. By entering new markets they are able to grow at a faster rate than the USA GDP growth rate."}
{"text": " The explanation of the fact, what happens when a customer enters a business at the beginning makes a good beginning of the discussion that was done in the article. And it's true that:  Customer's leave never even thinking of returning and these day's they dont buy whatever you sell they always confirm the thing by directly dialling you. And companies do face a good difficulty converting most of the on the fence customer's as well. This is the reason we must put value to our [Fence Sitting Prospect](https://www.convergehub.com/blog/tips-persuade-fence-sitting-prospects-get-off-fence)."}
{"text": " \"I frequently advise to go 401(k) up to the match. With no match, I'm not so sure.  If you are in the 15% bracket, I'd skip the 401(k). Your standard deduction is $5800 this year, do you itemize? I ask because the 15% bracket ends at $34,500, and I don't know if you manage enough deductions to get under that.  But - I'd only pt into the 401(k) what would otherwise be taxed at 25%, no more. Even then only if the 401(k) expenses were pretty reasonable. Will all the hoopla over retirement accounts, we easily forget the beauty of the investment in ETFs long term. You buy the SPY (S&P 500 ETF) and hold it forever. The gains are all deferred until you sell, and then they have a favored rate. You control the timing of the sale with no risk of penalty. The expenses are low, and over time, can make up for the lack of tax deduction (The pretax deposit) vs the 401(k) account. You die and the beneficiaries have a stepped up basis with no tax due (under whatever the limit is that year).  Long term, I'd go with low cost ETFs and pay the mortgage at the minimum payments. Even without itemizing, 4.2% is pretty low compared to the expected return over the next decade in stocks.  I recommend a look at Fairmark to help understand your marginal rate. Your gross doesn't matter as much as that line on 1040 \"\"taxable income.\"\" This will tell you if you are in the 25% bracket and if so, how deep.  Edit - If one's taxable income, line 43 on your 1040, I believe, puts him into the 15% bracket, there are issues using a pretax 401(k). The priority should be to use a Roth IRA or Roth 401(k). Being so close to that 25% bracket at 26 tells me you will grow, and/o marry into it over time, that's the ideal time to use the pre-tax 401(k) to stay at 15%. i.e. deposit just enough to bring your taxable income right to that line of 15/25%.\""}
{"text": " He's made a point for *his* line of work, not mine. My dad started my company and turned it into a one man, 40 hour a week, six figure operation before I took over. The only reason I want to hire is that I see an opportunity for expansion. I'll still work just as much."}
{"text": " i dont think this is cynical at all, Announce you won't do aomething cheap and easy, cause 3 day outrage,  reverse course.. Customer feels like their voice will always be heard and its still cheap and easy.  Pacifism 101"}
{"text": " A pure free market for agricultural commodities would be disastrous. Markets respond efficiently but not instantaneously. Shifts in he supply and demand of labor and capital investment are particularly slow. If a large percentage of corn farmers go under one fall there have to be new farmers/capitalists picking up the slack by next spring or there will be insufficirnt production that cant be recovered for an entire year.   Society can't withstand massive losses of commodity production, strategic reserves can help absorb the damage but youre still paying for innefficient production as grains can only be stored for so long and need replacing on an annual basis."}
{"text": " \"This is the best tl;dr I could make, [original](http://billmoyers.com/story/coal-small-kentucky-town-builds-healthier-creative-economy/) reduced by 94%. (I'm a bot) ***** &gt; Another addition to the Hub is a housing nonprofit that aims to fund more affordable housing by encouraging a maple syrup economy in the area.  &gt; The launch of Hemphill Catering and the success of the bluegrass festival help illustrate how Hub partners have rebounded from the loss of coal revenue to become more self-reliant and entrepreneurial-something the Hub promotes, Fink says.  &gt; Efforts are underway to write a culture hub training curriculum for other poverty-stricken Kentucky communities and Hub staff have been meeting with other organizations in Kentucky and nationwide to encourage creation of other culture hubs.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6gy2sx/after_coal_a_small_kentucky_town_builds_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~142774 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*: **Hub**^#1 **Culture**^#2 **community**^#3 **Johnson**^#4 **work**^#5\""}
{"text": " \"I don't know how much finance you know, but a fundamental idea is that something's value is the present value of all its future cash flows. Basically what those cash flows are worth today. So if we can predict the cash flows the equity holders will get in the future (not easy), and determine at what rate to discount the cash flows (not easy), we can value the equity.   So a company will have cash flows coming in. But not all go to the equity holders. Some will go to debt holders, if any (interest payments). Some will go to preferred equity holders (dividends), if any. What's left over is what the equity holders will get. If there's no debt, preferred equity or other things like that, then the equity holders get all the cash flows.  This doesn't mean the equity holders literally receive the cash - they'll get whatever is given out via dividends. But, they \"\"own\"\" the cash and it may be reinvested in the business to generate more cash in the future.\""}
{"text": " I'm not going to speculate on the nature of your relationship with your wife, but the fact that you are worried about what would happen in the event of a divorce is a bit concerning.  Presumably you married her with the intent of staying together forever, so what's the big deal if you spend 50k upgrading the house you live in, assuming you won't get divorced? Now, if you really are worried about something happening in the future, you might want to seek legal advice about the content of the prenup.  I am guessing if the 400k were your assets before marriage, you have full claim to that amount in the event of a divorce*.  If you document the loan, or make some agreement, I would think you would have claim to at least some of the house's appreciation due to the renovations if they were made with your money*. *obligatgory IANAL"}
{"text": " \"He is stupid don't mind him, the guy has all of his money in one bank. He could make a lot of money with that amount of money(i m no suggesting \"\"he\"\" but someone he will pay for) and do not need to make stupid ass fights with that Irish ginger.\""}
{"text": " \"People should be asked what they want and allowances made to get them what they want. I prefer a \"\"home away from home\"\" permanent private office, where I can stash my stuff and put some personal belongings in. Some people would rather have a temporary desk and be more mobile. Some people are fine with hotseating and working from home some days during the week.\""}
{"text": " You should be able to refinance the vehicle and have the financing in just your name (assuming you can secure the financing). Since you are already on the vehicle registration, this would not constitute a sale, and thus would not incur additional sales tax.  To remove the other person from the vehicle registration, leaving you as the sole registered owner, in the state of New York, you only need to file an MV-82. It will cost you $3. https://dmv.ny.gov/registration/register-vehicle-more-one-owner-or-registrant"}
{"text": " \"&gt;My point was more that I've seen, firsthand, people not take financial responsibility for their dependents or for themselves, and that they can't be trusted in investing in any future.  I agree. The libertarian in me wants to say \"\"screw them, they had their chance.\"\" The compromising moderate in me wants to say \"\"lets find a way to replace social security with something better.\"\"  &gt;Given I'm still in great health and in my 20's I probably ought to look into getting more/real Life Insurance, as well.  For as cheap as a 30 year term life insurance policy would be... you might as well do it. 10x your income for the monthly cost of a tank of gas. It's a no-brainer.\""}
{"text": " \"people are willing to pay higher premiums for options when stocks go down. Obviously the time value and intrinsic value and interests rates of the option doesn't change because of this so the miscalculation remainder is priced into the implied volatility part of the formula.  Basically, anything that suggests the stock price will get volatile (sharp moves in either direction) will increase the implied volatility of the option. For instance, around earnings reports, the IV in both calls and puts in the nearest expiration dates are very high. When stocks go down sharply, the volatility is high because some people are buying puts for protection and others are buying calls because they think there will be a rebound move in the other direction. People (the \"\"sleep-at-night\"\" investors, not the derivatives traders ;) )  tend to be calm when stocks are going up, and fearful when they are going down. The psychology is important to understand and observe and profit from, not to quantitatively prove. The first paragraph should be your qualitative answer\""}
{"text": " \"Finding the \"\"optimal\"\" solution (and even defining what optimal is) would probably take a lot of searching of all the possible combinations of stocks you could buy, given that you can't buy fractional shares. But I'd guess that a simple \"\"greedy\"\" algorithm should get you close enough. For any given portfolio state, look at which stock is furthest below the target size - e.g. in your example, S3 is 3.5% away whereas S1 is only 3.1% away and S2 is over-sized. Then decided to buy one stock of S3, recalculate the current proportions, and repeat until you can't buy more stocks because you've invested all the money. If you have to pay a transaction fee for each kind of stock you purchase you might want to calculate this in larger lot sizes or just avoid making really small purchases.\""}
{"text": " LIBOR rate swaps are common most among an international bank and a with a branch in another country, so say Company A is located in Kenya and Company B is in the US, A can borrow $100M from the US and B the same from Kenya and agree to swap assuming that A borrowed at a fixed rate of say 5% and B borrowed for say a 6 month LIBOR rate of maybe 4.2% which increases at a rate of say 0.5% above the prior 6 moth libor rate for time t being 5 years.A is the fixed rate payer and B is the floating  rate payer."}
{"text": " it is always fun to giggle at situations like these, and i have seen several myself with elderly lawyers, but really... what does a Navy Admiral need with eMail when they have staff?  you can carry that piece of paper with you, scribble notes on it, wave it around in a subordinate's face for dramatic effect, &amp;tc &amp;tc.    i kinda don't like the idea of an Admiral checking their gmail while trying to run one of those ships.  the fact that they don't know is pretty hilarious, however that knowledge doesn't - i wouldn't think - effect their performance on the job."}
{"text": " I actually have a bit of experience with the supplier side of this. Having worked with other people attempting to get the business launched, I can shed a bit of insight. The primary reason for the pricing is that there simply isn't enough competition to warrant dropping the price any lower than it already is. Large companies such as Hallmark will typically buy card designs at 5% of the card's selling price. With their existing distribution network, this makes bringing in new and varied designs much easier for large companies that are already well established. Having talked with such designers in the past, someone working full time producing designs makes on average 30-60k annually from this, which is worth it to someone who doesn't want to jump through the hoops of actually getting into the business independently. The primary issue stifling competition is actually getting your product into stores. There are topics here that I cannot discuss due to NDA, but I can break down the overall outline for you: You need to start with a large number of designs, with enough variety that companies think could sell well. If you bring a handful of designs with you, no company is going to take your business venture seriously enough. You need to find a company that can stamp out a large production process for you. The company is going to need to be nice enough to take smaller purchase orders on the magnitude of several hundred cards, but also be capable of scaling that production to several hundreds of thousands of cards very quickly. For cards specifically, most companies want you to ship custom racks with your cards. Some companies may provide their own racks for stocking your product, but not all of them will. This will also cost a lot of money up front. You need to find a buyer for a company you want to sell your product to. This is important, and what killed our original business plans. Think Wal-Mart, Target, or even CVS Pharmacy. These big companies are going to have people who's entire job is to buy new products to put on their shelves. This is where networking is key, you need to find people with connections to these buyers if you're not already well established with them. You will also likely fail several times, either getting outright ignored, or through a broker that can't meet expectations. For example, we had a broker that introduced us to a buyer for a large store chain, and after several months of work we found out that this broker was just pulling our strings. Typically a company will want to test your product in a handful of stores to see if it will sell. For example, Target may want to test your product in 100-200 stores over 3 months and expect your product to sell at a minimum rate. Finally, you need to be able to scale your production. Suddenly you'll be asked to go from supplying 100 stores to supplying 1,800 stores with a deadline in 2 weeks. Buyers will even turn you down at this point if they don't think you can meet the production. All of this work takes at least a year, and typically takes several years to go from an initial product to having your product in every store. Without breaking the numbers down too much, we could make a profit of ~$1.60 for every $3 card that sold. That number doesn't cover the cost of racks and other overhead, that's just the per-card profit. Even then, people are more likely to go view the Hallmark or other big-name cards over your offering. Only when another company becomes a big powerhouse to be competitive will these companies be forced to drop their prices."}
{"text": " There is no reason that HFT in itself should be illegal. It provides a significant advantage to companies with access to those automated systems but then, we might as well eschew NASDAQ and go back to the manually traded days of NYSE or ban day trading in favor of long-term investing.  What is problematic is that they place and immediately cancel large number of orders for two reasons - to test the market and to slow down the competition.  A proposed ~~tax~~fee to charge for cancellation of non-executed trades seems like an interesting solution."}
{"text": " Dental implants consist of small titanium posts that are inserted into the jawbone, closely replicating a natural tooth root. This does require a small surgical procedure but there is no need to be concerned as our principal dentist here at Radiance Dentistry is an experienced oral surgeon and prosthodontist. Dr. Mounir Iskandar has received specialized training and has many years\u2019 experience in placing dental implants. He will make sure that every step of your dental implant treatment is meticulously planned, ensuring your dental implant surgery proceeds quickly and smoothly and is ultimately more successful. All the treatment you require can be carried out in our comfortable and well-equipped dental office, from a dental team you will already know and trust.  WHAT IS THE PROCEDURE FOR PLANNING DENTAL IMPLANT SURGERY?  To plan your implant surgery, Dr. Iskandar will take digital dental x-rays and a cone beam CT scan. This scan provides highly detailed 3-D images of your jawbone, allowing Dr. Iskandar to fully assess the condition of your jawbone and to identify all the important structures such as sinus cavities, nerves and blood vessels that must be avoided during surgery. These images will show if you have sufficient bone for implant placement or if you require a bone graft or sinus lift prior to surgery. If you do need a bone graft there is no need to be concerned, as Dr. Iskandar is extremely experienced in using the very latest and most advanced bone grafting techniques. Sometimes if only a tiny amount of bone is required it can be placed at the same time as your dental implant.  COMPUTER-GUIDED DENTAL IMPLANT SURGERY  Once Dr. Iskandar has identified the optimal position for your dental implants, a surgical guide is made that will be used during their placement. This is a highly sophisticated template that will guide the implant placement down to the nearest millimeter. Using computer-guided surgery will ensure your treatment is a complete success, providing you with teeth that not only look wonderful but which are fully functional.  WHAT TO EXPECT DURING IMPLANT SURGERY  We will make sure your dental implant surgery is pain-free by using local anesthesia to numb the area. If you are at all anxious about this treatment, you may wish to consider additional sedation. Dr. Iskandar can provide nitrous oxide or oral sedation to help you relax during surgery. To insert the dental implant, Dr. Iskandar will make a small incision in your gum to expose the jawbone, before placing the dental implant in the position identified by the surgical guide. The area is then stitched and left to heal.  At this stage, Dr. Iskandar may attach what is called a healing cap to the dental implant post. This gently shapes the surrounding gum tissue as it heals, providing improved aesthetics once your tooth is restored. If required, we can then fit a temporary restoration to be worn while your dental implants heal and integrate with your jawbone. There is no need to worry as we will make sure you can eat and speak comfortably during this healing period.  If you only require a single dental implant then surgery is really quite quick. A single dental implant may take as little as an hour to place. Bridges and dentures will require multiple dental implants, so surgery will take a little longer. The time required for your surgery can be discussed during your initial consultation.  OSSEO INTEGRATION  It normally takes 3 to 6 months for a dental implant to fully heal with the surrounding bone during a process called Osseo integration. Your dental implant post will have been specially treated to encourage this process, where new bone cells will grow on and around the post. As they do so, the post gradually fuses with the jawbone, becoming strong and stable and able to support a replacement restoration.  ATTACHING THE ABUTMENT  Once Osseo integration is complete, Dr. Iskandar will remove the healing cap and can attach an abutment to your implant post. There are many different types of abutments that can be used, depending on the final restoration. An abutment will protrude above your gum line and is used to support your crown, bridge or denture. A detailed dental impression is taken of your dental implant and is sent to our dental laboratory. They will custom-make your restoration to our exact prescription, using the highest quality materials to create beautiful teeth that will blend in seamlessly with your smile. Your restoration can then be secured in place at your next visit, completing your treatment and providing you with an aesthetically appealing and fully functional smile.  To find out more about dental implant surgery and how it could help restore your smile, contact Radiance Dentistry to schedule your consultation with Dr. Iskandar today.  About US:  http://radiancedentistry.com/dental-implants/surgery/ - Dr. Iskandar is a certified restorative and cosmetic dentistry specialist and is licensed both as a general dentist and as a Prosthodontist. Dr. Iskandar obtained his DDS degree from Cairo University School Of Dentistry in 1998. Dr Iskandar holds a specialty in Prosthodontics and MSD (Masters of Science in Dentistry) obtained from Indiana University School of Dentistry in 2008. Dr. Iskandar is a Diplomate of international Dental Implants association since 2011.  CONTACT US: Radiance Dentistry Mounir Iskandar 2020 W Rochelle Rd  Irving, TX 75062 Phone : (972) 258-1702"}
{"text": " And meanwhile idiots like Lube go around talking about how we're all fucked. I like to do this quick trading in my Roth, where I don't have to even think about paying taxes on short term gains. Most people can afford the Roth. The people who can't do it are usually the people who don't qualify, in other words upper income people who include the 1%!!!"}
{"text": " Starve the beast in practical terms means end government. That is really the goal of the right establishment. Without government, there will be no force to regulate or even prosecute the companies and individuals who fund republican elections. That is the endgame."}
{"text": " First, yes, your LLC has to file annual taxes to the US government.  All US companies do, regardless of where their owners live.  Second, you will also probably be liable to personally file a return in the US and unless the US has a tax treaty with India (which I don't believe it does) you may end up paying taxes on your same income to both countries.  Finally, opening a US bank account as a foreign citizen can be very tricky. You need to talk to a US accountant who is familiar with Indian & US laws."}
{"text": " Market value and assessments are two different things. No matter how amical the agreement seems on buying and selling, the future could result in damaged relationships without an absolute sale. I would strongly recommend getting into an agreement to split the purchase of a house as a means to save money. If it's too late, sell immediately."}
{"text": " \"I use TIAA-Cref for my 403(b) and Fidelity for my solo 401(k) and IRAs.  I have previously used Vanguard and have also used other discount brokers for my IRA. All of these companies will charge you nothing for an IRA, so there's really no point in comparing cost in that respect.  They are all the \"\"cheapest\"\" in this respect. Each one will allow you to purchase their mutual funds and those of their partners for free.  They will charge you some kind of fee to invest in mutual funds of their competitors (like $35 or something).  So the real question is this: which of these institutions offers the best mutual and index funds.  While they are not the worst out there, you will find that TIAA-Cref are dominated by both Vanguard and Fidelity.  The latter two offer far more and larger funds and their funds will always have lower expense ratios than their TIAA-Cref equivalent.  If I could take my money out of TIAA-Cref and put it in Fidelity, I'd do so right now. BTW, you may or may not want to buy individual stocks or ETFs in your account.  Vanguard will let you trade their ETFs for free, and they have lots.  For other ETFs and stocks you will pay $7 or so (depends on your account size).  Fidelity will give you free trades in the many iShares ETFs and charge you $5 for other trades.  TIAA-Cref will not give you any free ETFs and will charge you $8 per trade. Each of these will give you investment advice for free, but that's about what it's worth as well.  The quality of the advice will depend on who picks up the phone, not which institution you use.  I would not make a decision based on this.\""}
{"text": " \"* Claiming something is a simple solution does not make it a simple solution * Taxation is not a simple solution * Taxing HFT is just going to cause the HFT traders to squish around and find loopholes and ways to avoid the letter of the law, making the situation *more complicated* * This will engender *more* legislation, further obfuscating the market, making it even harder to understand exactly what's happening * And on and on the cycle goes, the government with \"\"simple\"\" solutions that don't work, and the market responding by squeezing around them somehow  Here's a better way to solve this: ***STOP TRADING ON A MARKET YOU DO NOT TRUST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!***  Don't ask the government to step in and clean it up. JUST FUCKING STOP USING IT! Make a new exchange, an exchange that *chooses* to not allow HFT, and let the HFT-inclusive markets collapse into a shitpool of cancelled block orders that nobody can use.  *THAT* is the simple solution - let it fall apart on its own. *Let it die a death of natural causes!* But that solution does not empower the government or accord it a \"\"right\"\" to tax something, so *that* solution will *never* be discussed, nor implemented.\""}
{"text": " Generally the fees are anywhere between 0.5 and 2%. Different banks have different fees. Generally these days competition ensures that the fees are nil. It is disappointing that you were misled. File a written/email complaint. Generally the response to such things is good. Home loan insurance is not mandatory by RBI. Quite a few banks ask for it as it's their policy. In the case of SBI it's more about cross selling their products."}
{"text": " Canadian Tire does this now, at least in Vancouver stores. Tells you the aisle number and saved a ton of time. Sure I don't browse the whole store but I still go back to CT for many purchases."}
{"text": " \"Your question is listed as \"\"How to invest 100k\"\", not how would I find someone without a hidden agenda - so I'll answer that: It depends. I believe the best choices available are essentially as follows: If you are looking to pay for your childrens' college, it might be nice just to put the money in a Roth IRA and have that done right off the bat. If you disciplined enough to keep the money invested in some type of stock indexed fund, that might be good - the stock market has often outperformed almost every other form of investment over the very long haul. But if you could see yourself tapping it for things, then you might not want this. Another option is to put the money against your house. If that doesn't pay it off, refinance the remaining portion into a lower rate for less years. Obviously this knocks down a huge portion of the interest (duh) and gives you a nice cash flow you can use for investing. Also, the money you've put into a primary residence is pretty safe. I believe in some cases, safe even from bankruptcy. But as you've noted, being underwater on the home you are essentially throwing that money away in some way or fashion. And really, all in all, houses are terrible investments. You never really get your money out of your primary home, unless you downsize. The money is essentially \"\"saved\"\" without an equity line. This is a good choice if you're not disciplined. Your choice depends on: Of course, you can do any combination of these things and as Dave Ramsey is apt to remind his listeners and callers: you ought to have your emergency fund set before you do any of these things.\""}
{"text": " \"Agreed. More so, the behavior of these organizations in the past probably justifies a cynical reception and the idea that these things are going to be used for purposes beyond the stated.  It also creates a problem of \"\"you manage what you can measure\"\". Is physically being at your desk tied to productivity? Better hope so, if you are managing to it, or are you accidentally creating a culture that incentivizes not networking, not having meetings, and not communicating where organizational knowledge decays and vanishes in favor of sitting at your desk on reddit?  You know, in theory.\""}
{"text": " try to set your patriotism aside for a second and think about the situation they put people in. it's terrible.  you build friendships for 6 years, and that is actually a pretty long time, then they just deport you. how would you feel about that? it sucks. that's why H1b is crap. you might get payed better and maybe you like America better than your own country but after 6 years it's over, for most the dream ends after the time is up."}
{"text": " It is not your brokerage's responsibility to tell you **what** to buy, whether explicitly, or implicitly through their fee structure.  This is **not** an article about Robin Hood.  It's an argument condemning all active investing with repeated mostly-irrelevant mentions of Robin Hood as one of the hundreds of entities that makes that possible."}
{"text": " The thing is, capitalism doesn't care about national interests.  It just cares about making money.  This is why you can't run government like you run a business.  In business, outsourcing, firing people and making those who stay do more work, etc is all good business."}
{"text": " \"I think that history shows that it's rarely necessary for violence to lead to social reform. There's always been a tug of war between the upper class and the middle/lower classes. The term \"\"working class\"\" was a way to unify middle and lower classes against the wealthy \"\"idle class.\"\" Unfortunately the wealthy were able to convince many white collar middle class people that they were \"\"upper middle class\"\" and that the \"\"upper middle class\"\" shares values and goals with the elite. If you look at the numbers this couldn't be more wrong.  By any standard, I am a very fortunate person. I have a six figure income and some assets. However, the truly elite in the US enjoy household wealth and income that DWARF what I make. I pay a much higher percentage of my income to taxes than a person with inherited wealth does. Why is the system this way? It's effectively a barrier - no matter how hard we work or how well we do - we can't break through to the upper class. Instead of a meritocracy we have an aristocracy. This is the great lie at the center of American politics today.  The aristocrats have the many of the best and brightest convinced that we're part of the club when we're really not and never can be. They've turned us against the blue collar workers and the poor, when we should all be together. They've convinced many that people like the current administration trying to create more upward mobility are anti-american, when it's really the aristocracy that violates democratic values of equality and fraternity.  However - we can vote for leaders who might do better. We can peacefully assemble (think OWS). We can go on reddit and share our political and economic opinions. Because of these freedoms, we can safely say violence is a remote last resort.  Nothing is inevitable. Economic growth is really just people finding ways to interact and deliver value to one another. And - \"\"fortune favors the bold.\"\" I'll stay optimistic and keep making money as well as trying to help my community. I'll bet dollars to donuts change can and will happen  just because enough people will get sick of the Romneys of the world hogging all the wealth and we'll find a political solution.  tl;dr Martin Luther King. Ghandi. Tunisia. We'll work it out like men- with our words.\""}
{"text": " Who has the throwaway? Does reddit take everything so serious that a throwaway is needed anytime something doesn't go along 100% with popular opinion? Shit, I wasn't even challenging that it's lower.  &gt; The statistics may be rock solid,  Sure, just as any possible hypothesis I could come up, no? John Smith *might* have been right, and the smell coming from my kitchen *might* be the old tuna (I think it's the bananas, though).   Frailties may have been poor wording, but bear with me, it was a sarcastic comment on reddit - the amount of time I spent thinking about word choice was shorter than the amount of time I spent thinking about whether I wanted another cup of coffee (I did, I always do.)  Listen, the whole point of my comment was to be a sarcastic point out that Redditors (read: humans) shouldn't just take things for face value, just because it agrees with what you think. You should still always be diggin'.  It might be 40%, or might be 90%.   Although, personally, I like to be conservative with estimates, so I would have worded this entire title differently, or used 25% with this title, not 40%.  The article clearly says:  &gt; 40% admitted they are generally *wary*  Sure, I'm wary that my second cup of coffee will give me the runs - but it doesn't hold me back.  And   &gt; A quarter said they would rather hire a man to get around issues of maternity leave  So, 25% *might* avoid hiring them, not 40%. I thought 40% seemed a bit high... didn't think that many would put THAT much stock in that one 'metric' of potential hires."}
{"text": " \"The bill proposed to \"\"Under existing law, employers may take tax deductions for the costs associated with moving jobs out of the country. The proposed legislation would have eliminated that, and used the resulting new revenue to fund a 20 percent tax credit for the costs companies run up \"\"insourcing\"\" labor back into the U.S.\"\" From http://abcnews.go.com/m/blogEntry?id=16816660 as found by beermethestrength. I will explain this in an example below.   Lets use allen edmonds. I manufacture shoes and sell them in the US. The facts we will assume is Revenue or sales is $100. Manufacturing cost is $50. Tax rate is 10%. Therefore, Profit before tax is $100 -$50 = $50. Tax is $5. Net profit is $45.  However, suppose offshoring to Canada saves money. They say please and thank you at every opportunity and the positive work environment allows them to work faster. Correspondingly to make the same number of shoes our costs has decreased because we pay less for labour. The manufacturing cost decreases to $30. However, we incur costs to move such as severance payments to layoff contracted employees. (I promise to hire you and pay $1 a year for 2 years. I fire you at the end of the first year. To be fair, I pay you $1) However, it can be any legitimate expense under the sun. In this case we suppose this moving cost is $10. Revenue or sales is $100. Manufacturing cost is $30. Moving cost is $10. Tax rate is 10%. Profit before tax is $100 -$40 = $60. Tax is $6. Net profit is $54. Yay more jobs for Canadians.   However, the legislation would have changed this. It would have denied that moving expense if you were moving out of the country. Therefore, we cannot consider $10 worth of expenses for tax purposes. Therefore Revenue or sales is $100. Manufacturing cost is $30. Tax rate is 10%. Profit before tax for tax purposes is $100 - $30 = $70. Tax is $7. Net profit for tax purposes is $63. However, my accounting/net/real profit is $53. I must deduct the $10 associated with moving. The difference between the two scenarios is $1. In general our net profit changes by our moving cost * our tax rate.  There is no tax break associated with moving. In Canadian tax, any business expense in general can be deducted as long as it is legitimate and not specifically denied. I am uncertain but would assume US tax law is similar enough. Moving expenses in general are legitimate and not specifically denied and therefore can be deducted.  Offshoring and onshoring are seen as legitimate business activities as in general companies do things to increase profit. (forget about patriotism for the moment).  The bill was to make offshoring more expensive and therefore fewer companies would find offshoring profitable. However, republicans defeated this bill in congress. Most likely the house  For completeness let us examine what would happen when we onshore (bring jobs from canada to us :( ). In our example, silly unions demand unrealistically high wages and increase our cost of manufacturing to $50 again. We decide to move back to the US because if it is the same everywhere for the sake of silly national pride we move our jobs back to the US. We incur the same moving cost of $10. Therefore we have Revenue or sales is $100. Manufacturing cost is $50. Moving cost of $10. Tax rate is 10%. Profit before tax for tax purposes is $100 - $60 = $40. Tax is $4. However, we are given a 20% tax credit for moving expense. $10 * .2 = 2. The government only assess us tax of 2. Net profit is $38. Tax credits are a one time deal so profit in the future will be $100 -$50 - $5 = $45. Same as the first example.  insourcing = onshoring , outsourcing = offshoring for the purposes of this article. Not quite the same in real life.\""}
{"text": " Seems like a stupid move to me.  I assume people who don't want to buy a swatch owned brand now won't do so simply because competition is culled.  Movement watches simply aren't necessities but a fashion item much of the time.    It's like a prominent dress manufacturer called, say, Moochi, that owns the supply of thread announcing they will no longer make it available to their competition who then go out of business.  Doesn't mean women will buy more Moochi dresses - some will decide buy just what they need since they Moochi dresses are too plain, and spend more on accessories to stand out.  Worse, they may be leaving open a lucrative parts market where they were still making a little bit on each watch sale.  Perhaps letting a new Chinese start up come in that simply starts supplying and before they know it, start making watches that compete with them.  I think the Japanese steel industry built themselves up this way, after the US steel makers gladly ceded the rebar business to them in pursuit of higher margin business.  Well, the Japanese built on that and started competing on the higher end markets too."}
{"text": " IRR is subjective, if you could provide another metric instead of the IRR; then this would make sense. You can't spend IRR. For example, you purchase a property with a down payment; and the property provides cash-flow; you could show that your internal rate of return is 35%, but your actual rate of importance could be the RoR, or Cap Rate. I feel that IRR is very subjective. IRR is hardly looked at top MBA programs. It's studied, but other metrics are used, such as ROI, ROR, etc. IRR should be a tool that you visually compare to another metric. IRR can be very misleading, for example it's like the cash on cash return on an investment."}
{"text": " \"I am not sure about transferwise and how they work, but generally when I had to transfer money across countries, I ended up using a foreign currency/transfer company who needed the destination account details i.e. a GBP account in the UK in your case, and money from the source account. Basically that means your father would need to open an EUR account, probably in an EU country (is this an option?) but may be in the UK is fine too depending on transfer fees. And a GBP account in the UK, perhaps see if there is a better business account than HSBC around, I have used them as well as Santander before. The only FX transaction done in this straightforward set up is the one performed by the specialised company (there are a few) - and their spread (difference between interbank i.e. \"\"official\"\" and your price) is likely to be around 1.0 - 1.5%. The other expenses are transfer fees to the FX company account, say a flat fee of $25 for the SWIFT payment. The full amount less the spread above then goes to your UK GBP account. There are still the running costs of both EUR and GBP accounts of course, but here the advice would be just to shop around for offers/free banking periods etc. Point being, given the saving in FX conversion, it might still be a better overall deal than just letting HSBC deal with it all.\""}
{"text": " Before visiting site, check whois to determine the site's registrar. If it is a GoDaddy site, you could copy the contact information and send the website an email stating that you won't use their site because of their connection to GoDaddy.  Better make coffee first. There are 50,000,000 sites under GoDaddy management."}
{"text": " 70 isn't all that bad. And being a fund manager at a top fund is not the highest paying job per se. What's critical is to be a partner, or found your own fund, or have some ownership stake. There are sales people and lawyers who make more than PMs because they own/run the firm.   And I would say it's impossible to do anything in finance anymore without a degree."}
{"text": " The short term loan that accept any credit score is really merchant cash advance. They call it loan because clients do have options to pay as direct deposit but most of the times they would make clients switch to their credit card terminals so they can get percentage of daily sales as payment as well as percentage from their partner credit card company. And that kind of payment (percentage of daily credit card sales) is merchant cash advance."}
{"text": " I suppose it depends on how liquid you need, and if you're willing to put forth any risk whatsoever.  The stock market can be dangerous, but there are strategies out there that will allow you to insure yourself against significant loss, while likely earning you a decent return.  You can buy and sell options along with stocks so that if the stock drops, your loss is limited, and if it goes up or even stays where it's at, you make money (a lot more than 1% annually). Of course there's risk of loss, but if you plan ahead, you can cap that risk wherever you want, maybe 5%, maybe 10%, whatever suits your needs.  And as far as liquidity goes, it should be no more than a week or so to close your positions and get your money if you really need it. But even so, I would only recommend this after putting aside at least a few thousand in a cash account for emergencies."}
{"text": " \"You hit the nail on the head in the first paragraph ( the rest was good as well). Most data is garbage, but even a large amount of garbage data can tell you something. I wouldn't touch DRYS with a 9 million foot long poll, but if 9 million people said DRYS was a good buy (or said they were bullish on stock twits, or twitter). Id buy DRYS and sell it by the end of the day. People are stupid, there's no argument there, but if 9 million idiots are gonna be buying a shitty stock, I'm gonna join them, let the price get driven up based on nothing but hive mind idiocy, then drop it before they all realize they've been fooled by their own ignorance.   AMD has been hilarious. I've been holding AMD since 2013, any tech geek would know AMD was a great buy back then. Now all I see are posts about \"\"Why did AMD go up today?\"\" or \"\"Will AMD hit 100 dollars a share by the end of the year\"\" or something equally ludicrous. People don't want to read. They just want to spew nonsense and be spoon fed the information (by those who are spewing nonsense)\""}
{"text": " I have read his book(s) as well and agree with his message of identifying poor financial patterns and correcting them.  However, I don't recall the chapter about corporate bankruptcy strategies and defensive financial moves which make you impervious to lawsuits.    Maybe I glossed over that part."}
{"text": " Why not 180 weeks then? Being able to get cash without having to work for it changes the human psyche regarding the necessity of work. At the end if the 99 weeks, a lot of people resent having to work again, which translates into an overall lesser quality labor pool. I'm not arguing for no unemployment, but 99 weeks is extreme. No one is actively job searching that long."}
{"text": " \"I've taken Calculus I-III, ODEs, Linear Algebra, PDEs and a few numerical methods classes.  No back ground in statistics.  I \"\"speak\"\" Python, Matlab, and some C++.  Is this enough formal background to self-educate?  Also, wouldn't it make the most sense to write things in C++ or a lower level language?  Seems like speed of algorithms would be of utmost importance here.\""}
{"text": " Is that what you believe people's choices are in this system? Work for nothing or someone will kill you? The average person here has achieved a higher quality of life because of free market capitalism. Venezuela was starting to move in that direction, until they nationalized everything. Now people have to kill dogs in the street for food. Sounds great..."}
{"text": " I remember seeing a post forever ago about how millionaires arent investing and someone (a millionaire themselves) claimed it was because of the current economic/political climate made them unsure which then provoked this other person (assuming a millionaire) to come in and respond to them, talking about how Trump was going to cut taxes, concerns over student loan defaults were overblown, etc etc (basically saying to invest because it's going to be alright)  None the less that stuck with me for some reason so it's interesting to see how it's all going to turn out because it's clear the millionaires aren't unified on what the future has in store and I take that more as a sign for troubled waters ahead than anything else"}
{"text": " I've had many home loans, and all have been sold to a big bank.  They have certain rules about how much insurance you need to have, but I've never had one buy insurance on my behalf - they always send letters telling me I need to increase the insurance.  They do say that if I don't get enough insurance, they will do it for me, but this has never been necessary."}
{"text": " 1.  it's easy to make a 1000+ powerpoint when every other slide has just one word.    2.  the goal of powerpoint is to simplify -- not drag-out to 1000's of clicks.  still... props for selling his company -- that's quite an accomplishment in an of itself."}
{"text": " \"Money is a commodity like any other, and loans are a way to \"\"buy\"\" money. Like any other financial decision, you need to weigh the costs against the benefits. To me, I'm happy to take advantage of a 0% for six months or a modest 5-6% rate to make \"\"capital\"\" purchases of stuff, especially for major purchases. For example, I took out a 5.5% loan to put a roof on my home a few years ago, although I had the money to make the purchase.  Why did I borrow? Selling assets to buy the roof would require me to sell investments, pay taxes and spend a bunch of time computing them. I don't believe in borrowing money to invest, as I don't have enough borrowing capacity for it to me worth the risk. Feels too much like gambling vs. investing from my point of view.\""}
{"text": " More infomation is needed for any meaningful discussion about this.  I just assume you want to buy in China mainland, not Hongkong or other places. That depends on where you want to buy the flat.  Which city, which district of the city, which community, which school district, how old is the building?  Furthermore, always bearing in mind that you don't own the land when you buy a flat in China mainland.  The land is always state-owned, you are renting the land. Someone will say that the real property market in China is always in a bubble, but because the ownership of the land is different from countries like US and other things like one-child policy, things are not that easy to tell.   But if you don't live in China now and you don't have clients ready to rent from you, I don't think it is a good choice right now to buy one just for investment."}
{"text": " Such funds are handed over to the state. In NE, like in many states, there is a government website where you can search by your name, find them, and claim them (with proof of your identity, etc.): https://treasurer.nebraska.gov/up/ For sure, the bank cannot just take the money. It is sitting somewhere, the bank just closed the account, meaning they are technically not managing your money anymore."}
{"text": " Welcome to Disco Henry. We are a DJ service provider company, which is located in England, United Kingdom. We provide the best  DJ in Northampton from previous many years. We have best Dj professional, which specializes in Kids Party DJ, Events Photography, Party Photography, Mobile DJ, Local Wedding DJ and much more. If you want Professional DJ in Northampton, you can contact us at our office."}
{"text": " &gt;And where pray tell would all the cash come from?  Tax rich people and corporations  &gt;Surely you can't be stupid enough to think that money created endlessly as needed  I didn't say that.  You did.  You fucking stupid internet-libertarian.  Great strawman btw.  &gt;Government employees, including legislators and professional politicians, should not receive special benefits merely because they happen to be bureaucratic leeches on the public teat.  See my previous comment.  But anyway you go ahead and pretend that making other people's existence shittier will help you.  I'm sure you're a self-made billionaire that's never required anything from anyone.  lol.  Just kidding.  Like every other piece of shit that subscribes to this subreddit I'm sure you're posting from your mom's basement right.  Hey do her and us a favor and kill yourself already.  tia."}
{"text": " Planes may be mostly flying themselves but there are still pilots up there as systems monitors and they still have the overall responsibility for the safe operation of the aircraft.   I think all you and I are really debating here is the timeline.  take care, enjoyed our conversation."}
{"text": " IRS Publication 529 is the go-to document.  Without being a tax professional, I'd say if the dues and subscriptions help you in the running of your business, then they're deductible. You're on your own if you take my advice (or don't). ;)"}
{"text": " \"The idea that individuals control the housing prices through supply and demand is HILARIOUS! That's like saying prisoners control the quality of their food.  Somehow blaming banks and real estate agents is going to hurt you and make you a victim? That's not fear mongering at all, clearly everything was so very plainly laid out for every buyer in the entire US that all they had to do was sign a single piece of paper that was written in plain English and of course they were never told anything like \"\"just a formality\"\" or \"\"just paperwork\"\" and ALL of them were smart enough to read through the work anyway and of course the bank associates were nice enough to reject a loan if they thought the people didn't understand the terms properly and....(etc. etc. etc.)  TL;DR Good job shifting the blame, surely your well reasoned arguments with summarized backings will get people on your side!\""}
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{"text": " The device in question, in this instance is parts for a PC. To build the PC you would need the additional parts ordered from New Egg. So anything gotten immediately from Best Buy would have no benefit insofar as timing.  Purchasing items (most likely) made in foreign countries from a multinational conglomerate not based locally paying low wages which contributes to the bankruptcy of actual mom&amp;pop stores supports the local economy how?"}
{"text": " \"Others have given some good answers. I'd just like to chime in with one more option: treasury I-series bonds. They're linked to an inflation component, so they won't lose value (in theory). You can file tax returns for your children \"\"paying\"\" taxes (usually 0) on the interest while they're minors, so they appreciate tax-free until they're 18. Some of my relatives have given my children money, and I've invested it this way. Alternatively, you can buy the I-bonds in your own name. Then if you cash them out for your kids' education, the interest is tax-free; but if you cash them out for your own use, you do have to pay taxes on the interest.\""}
{"text": " Amazon hasn't done anything that hasn't been done in the entire retail industry for like a century. You can think Jeff Sessions is a piece of shit and still think that he shouldn't be fired.  Nuanced opinions are possible. Not everything is black and white."}
{"text": " \"i have to disagree about the \"\" the literal secret - the special alloy of copper, tin, and silver that gives the Zildjian cymbals their world-renowned sound.\"\"   It is no secret, the alloy can be determined with these tools.  http://www.niton.com/Niton-Analyzers-Products/Which-XRF-Analyzer-Is-Right-for-Me.aspx?sflang=en&amp;gclid=CPXHwqCdvbACFQdeTAodfwP9Eg\""}
{"text": " \"This is the best tl;dr I could make, [original](http://www.huffingtonpost.ca/2017/08/11/nuclear-fears-wipe-1-trillion-off-global-stock-markets_a_23074645/?utm_campaign=canada_newsletter) reduced by 85%. (I'm a bot) ***** &gt; Many world stock markets have hit record or multi-year highs in recent weeks, leaving them vulnerable to a sell-off, and the tensions over North Korea have proved the trigger.  &gt; &amp;quot;Of course, it&amp;#039;s all come at a time when share markets are due for a correction, so North Korea has provided a perfect trigger.\"\"  &gt; A Chinese state-run newspaper said on Friday that China should make clear that it will stay neutral if North Korea launches an attack that threatens the United States, but that if the U.S. attacks first and tries to overthrow North Korea&amp;#039;s government, China will prevent it doing so.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6t2oku/nuclear_fears_wipe_1_trillion_off_global_stock/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~188781 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*: **Korea**^#1 **North**^#2 **percent**^#3 **since**^#4 **market**^#5\""}
{"text": " Obama hasn't done anything to affect the economy. Not a thing. He came into a shitty economy and left it that way for nearly four long years. I don't blame the whole thing on him, but I want to see his incompetent ass out of the White House yesterday."}
{"text": " \"While COBRA premiums are not eligible to be a \"\"business\"\" expense they can be a medical expense for personal deduction purposes.  If you're itemizing your deductions you may be able to deduct that way.  However, you will only be able to deduct the portion of the premium that exceeds 10% of your AGI. Are you a full time employee now or are you a 1099 contractor?  Do you have access to your employers health plan?\""}
{"text": " Honestly, there's one studio that's releasing a blockbuster with any kind of cadence (Ubi) and they do it by feeding the gaping maw of production with the fresh bodies it craves.  On top of that, because games take so much time to play consumers are much much less tolerant of stale ideas. The pressure to innovate is tremendous. Delivering, say, the video game equivalent of TMNT will not yield profits."}
{"text": " The GnuCash manual has a page with examples of opening new accounts. The tl;dr is: use the Equity:Opening Balance to offset your original amounts. The further explanation from the GnuCash page is: As shown earlier with the Assets:Checking account, the starting   balances in an account are typically assigned to a special account   called Equity:Opening Balance. To start filling in this chart of   account, begin by setting the starting balances for the accounts.   Assume that there is $1000 in the savings account and $500 charged on   the credit card. Open the Assets:Savings account register. Select View from the menu and check to make sure you are in Basic Ledger style. You will   view your transactions in the other modes later, but for now let\u2019s   enter a basic transaction using the basic default style. From the Assets:Savings account register window, enter a basic 2 account transaction to set your starting balance to $1000, transferred   from Equity:Opening Balance. Remember, basic transactions transfer   money from a source account to a destination account. Record the   transaction (press the Enter key, or click on the Enter icon). From the Assets:Checking account register window, enter a basic 2 account transaction to set your starting balance to $1000, transferred   from Equity:Opening Balance. From the Liabilities:Visa account register window, enter a basic 2 account transaction to set your starting balance to $500, transferred   from Equity:Opening Balance. This is done by entering the $500 as a   charge in the Visa account (or decrease in the Opening Balance   account), since it is money you borrowed. Record the transaction   (press the Enter key, or click on the Enter icon). You should now have 3 accounts with opening balances set. Assets:Checking, Assets:Savings, and Liabilities:Visa."}
{"text": " \"First of all to answer the basic question \"\"Is one method correct? Might it depend on local laws?\"\" Yes it does depend on local laws. Because ultimately the business will have to file forms with the sate/county/city.  These forms are going to ask for the total sales based on the tax category (tax free, x%, y%). Each transaction could have parts that fall into each category. The local taxing authority decides what goes into each category. The local taxing authority also determines how often the business needs to submit the taxes. They can even decide to base the rates used by where the customer lives.  A business is not required to charge directly for sales tax. That is why frequently at sporting events, the price on the menu notes that all sales taxes are included. I suppose not directly charging a sales tax makes the monthly calculation harder, but the state will still get their money. Rounding up at the end of the entire transaction is enough to make sure they collect enough taxes, so they don't have to dip into their profits.\""}
{"text": " I worked at an Applebees, and this is a good thing. I've never been to a place that treated its workers like this, and I've worked in maybe 10 resturants. We wouldnt clock in til we had our first table, and did our closing side work off the clock so that we could keep our hours down because they would not let you pick up shifts if you were going to get overtime. Because they did want to pay you 3 dollars an hour instead of 2.15 an hour. People were working 50 hour weeks but getting paid for 40 because Applebees couldnt pay hard working people an extra dollar an hour."}
{"text": " The wealthiest man is not the one who has the most, but who needs the least."}
{"text": " \"Stock support and resistance levels mean that historically, there was \"\"heavy\"\" buying/selling at those levels. This suggests, but does not guarantee, that \"\"someone\"\" will buy at \"\"support\"\" levels, and \"\"someone\"\" will sell at \"\"resistance levels. Any \"\"history\"\" is meaningful, but most analysts will say that after six months to a year, the impact of events declines the further back in time you go. They can be meaningful for periods as short as days.\""}
{"text": " I know bitcoin. I don't understand ethereum except that the smart contracts bit is an abstraction of the blockchain concept to expand it beyond a mere ledger to a crypto-enhanced trust system that could be the escrow of the financial world.  I still need to read more about it and understand how ICOs are done. I had those sources open already. Some 10 tabs that I still haven't gotten to read in 4 months. Oh well, some incentive to get to it this weekend I guess."}
{"text": " \"&gt;(a) people who choose not to work, in which case they have no business receiving anything but basic food and shelter from society,  But currently they don't even receive that.  The actual effect of the lack of housing/food and basic-income programs is that the living wage, the minimum necessary wage necessary to make it *worth working*, is much higher than we need it to be if we really want to \"\"compete\"\".  &gt;The only reason unemployment is so bad today is because America is losing many jobs to technology and globalization and not finding ways to compete and our work force can't handle many of the new jobs anyways.   The systematic transfer of wealth from labor to capital nowadays plays no part?  Come on!\""}
{"text": " If your budget allows for it, max out both plans!  However, in my opinion, you're on the right path: The advantage of also contributing to the Roth 401(k) in this case would be: This second point is the main reason that you should also invest in a 401(k), using that as a retirement savings vehicle alongside your Roth IRA. One caveat is that you should ensure that you'll have sufficient savings so that you won't need to dip into either plan - it'd be a shame to reduce the investment base from which you can grow your savings tax free. Personally, I'd view my contributions in the Roth IRA as an emergency fund to be used only in the direst circumstances."}
{"text": " They're taking a picture on the floor, not their feet. Just taking it of the plain tile isn't interesting and you can't even tell it's a floor. The feet make the composition more interesting. Also these people dont realize 50 other people took the same photo."}
{"text": " Did you go to bschool? You actually do learn a lot. There are a lot of things that I do know that some of my fellow BA's in Business don't know. (business plan writing, how to properly read a financial statement, promotional strategy creation). Also, I got hooked up with a really cool internship that got me in front of some big VC's. There is value, is it worth the results? No.   But let's be honest here, neither is law school (unless you go to a T14). Have you seen the job market? Brutal."}
{"text": " \"For the vast majority, \"\"buying\"\" a house via a mortgage is not an investment.  I use quotes around buying because from a technical perspective you don't own anything until you've paid it off; this is often an important point that people forget. It's highly unlikely you'll make more on it than the amount you put into it (interest, repairs, etc).  Even with relatively low interest rates. The people who successfully invest in homes are those that use actual cash (not borrowed) to buy a home at well below market value.  They then clean it up and make enough repairs to make it marketable and sell it shortly there after.  Sometimes these people get hosed if the housing market tumbles to the point that the home is now worth less than the amount they put into it.  This is especially problematic if they used bank loans to get the process going.  They were actually the hardest hit when the housing bubble popped several years ago.  Well, them and the people who bought on interest only loans or had balloon payments. Whereas the people who use a mortgage are essentially treating it like a bank account with a negative interest rate.  For example, $180k loan on a 30 yr fixed at 4% will mean a total payout of around $310k, excluding normal repairs like roofs, carpet, etc.  Due to how mortgage's work, most of the interest is collected during the first half of the loan period.  So selling it within 2 to 5 years is usually problematic unless the local housing market has really skyrocketed. Housing markets move up and down all the time due to a hundred different things completely out of your control.  It might be a regional depression, weather events, failed large businesses, failed city/local governments, etc.  It could go up because businesses moved in, a new highway is built, state/local taxes decline, etc. My point is, homes are not long term investments.  They can be short term ones, but only in limited circumstances and there is a high degree of risk involved.  So don't let that be a driving point of your decision. Instead you need to focus on other factors.  Such as: what is really going on with the house you are currently in?  Why would they lose it?  Can you help out, and, should you help out?  If things are precarious, it might make more sense to sell that home now and everyone move into separate locations, possibly different rentals or apartments.  If they are foreclosed on then they will be in a world of financial hurt for a long time. If we ignore your parents situation, then one piece of advice I would give you is this: Rent the cheapest apartment you can find that is still a \"\"safe\"\" place to live in.  Put every dollar you can into some type of savings/investment that will actually grow.  Stay there for 5+ years, then go pay cash for a nice home.  Making $75k a year while single means that you don't need much to live on.  In other words, live extremely cheap now so you can enjoy a fantastic living experience later that is free from financial fear.  You should be able to put $30k+ per year aside going this route. edit: A bit of support data for those that somehow think buying a home on a mortgage is somehow a good investment:   Robert Shiller, who won a Nobel prize in economics and who predicted the bursting of the housing bubble, has shown that a house is not a good investment.  Why?  First, home prices (adjusted for inflation) have been virtually unchanged for the past 100 years.  (link 1, link 2)  Second, after you add in the costs of maintenance alone then those costs plus what you've paid for the home will exceed what you get out of it.  Adding in the cost of a mortgage could easily double or even triple the price you paid which makes things even worse.  Maintenance costs include things like a new roof, carpet/flooring, water heater, appliances, etc. Yes, a home might cost you $100k and you might sell it for $200k after 15 years.  However during that time you'll likely replace the roof ($10k to $20k), replace appliances ($2k to $5k), water heater ($1k), carpet/flooring ($5k to $20k), paint ($3k to $6k), and mortgage related costs (~$60k - assuming 30 yr fixed @4%).  So your \"\"costs\"\" are between $180k and $200k just on those items.  There are many more that could easily escalate the costs further.  Like a fence ($5k+), air conditioner ($5k+), windows, etc. The above is assuming the home actually appreciates in value faster than inflation: which they historically haven't over the long term.   So you have to consider all of the costs ultimately paid to purchase and maintain the home vs the costs of renting during the same time period.   Point is: do your research and be realistic about it.  Buying a home is a huge financial risk.\""}
{"text": " It depends completely on the nature of the takeover. When a business is bought, the new owner takes on the obligations of the prior owner, the debts don't just go away. When a business files for bankruptcy, its debts may get discharged, and gift card holders can easily be the first ones to get nothing back. A case in point was Sharper Image who stopped honoring gift cards even while the doors were open as they filed for bankruptcy."}
{"text": " Make sure to get a Homestead Exemption if your state has one. This can keep your taxes from rising quite as steeply, and in some cases the county assessment office can get you a retroactive refund when your application is approved.  Also, if you really think you're paying too high based on home resale values around you, most county assessors will also let you dispute your valuation. A higher value is great if you intend to sell, not so good if you're staying long term. Kind of like the difference between trading bonds and investing in them.  Also, as I think one of the other posters pointed out, you can usually make extra small payments and direct them to escrow or to principal."}
{"text": " \"Yes, it can be a good idea to close unused credit cards.  I am going to give some reasons why it can be a good idea to close unused accounts, and then I will talk about why it is NOT necessarily a bad idea. Why it can be a good idea to close unused accounts \"\"I'd like to close the cards.\"\"  That is reason enough.   Simplifying your financial life is a good thing.  Fewer accounts let you focus your energy on the accounts that you actually use. Unused accounts still need to be monitored for fraud. You mentioned that you have high credit card balances that you are carrying.  This may indicate that you have trouble using credit responsibly, and having more credit available to you might be a temptation for you. If these unused cards have annual fees, keeping them open will cost money. Unused cards sometimes get closed by the bank due to inactivity.  As a result, the advice often given is that, in addition to not closing them, you are supposed to charge something to it every month.  This, of course, takes more of your time and energy to worry about, as well as giving you another monthly bill to pay. Why it is NOT necessarily a bad idea to close unused accounts Other answers will tell you that it may hurt your credit score for two reasons: it would increase your utilization and lower your average account age.  Before we talk about the validity of these two points, we need to discuss the importance of the credit score. Depending on what your credit score currently is, these actions may have minimal impact on your life.  If you are in the mid 700's or higher, your score is excellent, and closing these cards will likely not impact anything for you in a significant way. If you aren't that high in your score yet, do you have an immediate need for a high score?  Are you planning on getting more credit cards, or take out any more loans?  I would suggest that, since you have credit card debt, you shouldn't be taking out any new loans until you get that cleaned up.  So your score in the mean time is not very important. Are you currently working on eliminating this credit card debt?  If so, your utilization number will improve, even after you close these accounts, when you get those paid off.  Utilization has only a temporary effect on your score; when your utilization improves, your score improves immediately. Your average account age may or may not improve when you close these accounts, depending on how old they are compared to the accounts you are leaving open.  However, the impact of this might not be as much as you think. I realize that this advice is different from other answers, or other things that you may read online.  But in my own life, I do a lot of things that are supposedly bad for the credit score: I only have two credit cards, ages 2.5 and 1.5 years.  (I closed my other cards when I got these.)  My typical monthly utilization is around 25% on these cards, although I pay off the balance in full each month, never paying interest.  I have no car loan anymore, and my mortgage is only 4 months old.  No other debt.  Despite those \"\"terrible\"\" credit practices, my credit score is very high. Conclusion Make your payments on time, get out of debt, and your score will be fine.  Don't keep unwanted accounts open just because someone told you that you should.\""}
{"text": " Sponsorship isn't the problem as much as it is all of the planted articles, astroturfed/shilled discussion and artifical pretending to be organic.  Brands and special interests don't just want to buy commercials and ads, they want you to write an organic seeming article where they are mentioned positively (ahem Elon Musk and Jeff Bezos)."}
{"text": " If the savings rate is the same as the loan rate, mathematically it doesn't make any difference whether you pay down the loan more and save less or vice versa. However, if the loan rate is higher than the savings rate it's better to pay it down as fast as possible. The chart below compares paying down the loan and saving equally (the gradual scenario), versus paying down the loan quickly at 2 x $193 and then saving 2 x $193.  The savings rate, for illustration, is 2%. Paying quickly pays down the loan completely by month 51.  On the other hand, in the gradual scheme the loan can't be paid down (with the savings) until month 54, which then leaves 3 months less for saving.  In conclusion, it's better to pay down the higher rate loan first.  Practically speaking, it may be useful to have some savings available."}
{"text": " If you can afford the payments on a 10-year mortgage for a property, that's an indication that it's very affordable.  This assumes that there aren't a ton of hidden costs in this property (which could be why it's going so cheaply). Looking at more expensive houses just because you can afford them is exactly what the lenders want you to do, and it's dangerous.  Resist the temptation.  If you're happy, you're happy."}
{"text": " \"Regardless of if the 'higher profits' are create from higher volumes and more workers, the key word there is PROFITS - not 'revenue', not 'income' or any similar word. PROFITS - a word used to describe the amount left AFTER paying expenses - such as the salaries of those additional workers (if any).  The point is, the worker deserve a share of those profits. It is their work that has made them - in addition to the work of the CEO, of course, but still...the CEO could not have created 'better margins' or done 'better deployment of capital' if it were not for the efforts of those workers in the first place.  This is the main problem with the economy right now. No one feels the responsibility to those who have helped them succeed. They keep using a 'slash and burn' financial strategy - slash salaries and benefits and burn up your labor force to extract every dollar you can for the top. The only problem is, now they're running out of things to slash and the workers they've burned have nothing left. And they wonder why the economy is in the crapper.  I keep being reminded of a quote from Ladyhawke as said by the evil bishop:   \"\"I raise their taxes, only to be told there's nothing left for me to tax. Imagine.\"\"\""}
{"text": " Bookstores don't need their own warehouses to do that. They just order it from the big suppliers. I can order any book I want to be delivered to the next bookstore, and it will be there the next day at the latest, sometimes even within hours."}
{"text": " Chicken that's been processed to include other ingredients.  For example, we could buy a chicken product, that is partially chicken, and partially not, and use that to make our meatballs. We don't though, so it's made with 100% chicken.   I get how the end result is similar, but it's a separation of processors. Our meatballs include bread crumbs, cream, onions, etc., and are hence not 100% chicken, but our input is chicken (and our product 97.6% chicken)."}
{"text": " My thoughts from the top:  1. If you're already long, which not just buy-write? if you want to sit on the portfolio for some time with little rebalancing collecting some option premiums might not be bad?  2. You can replicate this portfolio on a rolling basis through bull spreads, which should hedge (or at least reduce) your theta and give you some of that sweet sweet convexity, however you will need a large enough size to cover your transaction costs.  3. I agree with maximizing mean / lower semi var (most kids max mean/var)) so good move there. However you need estimates of expected return (not easy!) and semi var (easier). Look into using GARCH (or a form of it) on the semi var for a better estimator.  4. Is this an MSR portfolio? How do you determine your weights?  5. In terms of sizing/leverage,  Remember the betting condition that equity needs to be positive for all time. How are you planning to limit your max DD? and how often do you plan on rebalancing/rebetting."}
{"text": " Bank-to-Bank wire transfer would be the best option. Dollar is going up nowadays, so if he brought the money not so long ago he might even earn the cost of the transfers back through the difference of the exchange rates. Re the IRS - they don't care. Same goes to the Israeli Tax Authority. What you and your friend need to show, if asked, is the paper trail. I.e.: if he brought you the $10K in cash - that may be an issue unless he kept all the receipts for getting it. But for such a low amount you can always resort to claiming it is a gift from you, in this case."}
{"text": " Thank you for being polite. To be fair, I suppose if you had a good career path and the industry nose-dived then you could end up working a low wage job even if you had some kills (that, for whatever reason, are no longer in demand)."}
{"text": " &gt; But the good news is if they implement their policy unfairly, then they'll get slapped by the invisible hand and go broke  That's completely untrue though.  Companies get away with so many things and they are only given token fines.  Just look at Nestle, BP, Goldman Sachs, HSBC."}
{"text": " My two cents:   I, like many people in finance, got into it for the money. However, I like many other people, found myself liking it for intrinsic reasons once I got into it.   I genuinely enjoy learning about financial theory, economics, understanding how global markets work, following the different story lines for the EU/US/Asian economies, working on financial models, reading the WSJ, keeping up to date on new earning releases, analyzing investments, learning about companies/industries, etc.  But I never would have found out that I liked these things unless I had chosen to study them and the only reason I chose to study them in the first place was because I wanted to make money. I'd take an intro finance class and see if it seems like something that could grow on you."}
{"text": " \"And who can afford new high-density apartments? Rich people who run airbnb and rent out at the same crazy prices, foreign rich \"\"investors\"\" and large businesses who move into corprorate buildings. For the average joe who suffers the most from real estate bubble, the supposed solution of new motivated construction only becomes a solution after the bubble bursts, when the prices plummet and suddenly there's a lot of cheap but new apartments. Until then, when they actually need a solution there isn't one.\""}
{"text": " Party bus rentals will give the alternative of satellite TV for your amusement needs. Encompass sound stereo are added to get high caliber in sound. For immovability, class and style, Boulder party buses are outstanding decision and it will give you everlasting voyaging background."}
{"text": " this is a very important step. Sadly most businesses have already deals with Big Banks for salary payments. So much like the ubiquitous IE despite all the alternatives, Big Banks will still have their liquidity and addiction satisfied to continue gambling until someone says enough."}
{"text": " But maybe smaller shops are able to offer something else to differentiate, to make up for their inability to match Amazon's return policy? For example, maybe it lets them charge less or provide custom goods.  Amazon is taking away that avenue for differentiation. I get Amazon's point: they want to provide a consistent experience. But it's pretty convenient in that it hurts smaller sellers more than bigger sellers and Amazon is the biggest seller of all."}
{"text": " The point of derivatives is to get rid of the risk you don't want so you can acquire exposure only to the risk you want. Who wants weather/temperature risk -- speculators. Who doesn't want that risk? Anyone who's core business is adversely affected by bad weather. It's the same reason multinational firms will hedge FX and interest rates. All a speculator is typically doing is taking the other side of the trade based on what they feel is the true price of the risk they are assuming"}
{"text": " A VAT means that the cost of goods in your country just went up by that VAT percentage. This would mostly effect how the poor and middle class spend their money which currently is very selective.  Additional economy slow downs can generate another recession.   That's what I understand, anyway. The numbers in this numbers game are very very important and is difficult to generate in theoretics."}
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{"text": " \"Do mutual funds edit/censor underperforming investments to make their   returns look better, and if so, is there any way one can figure out if   they are doing it? No, that's not what the quote says. What the quote says is that the funds routinely drop investments that do not bring the expected return, which is true. That's their job, that is what is called \"\"active management\"\". Obviously, if you're measuring the fund by their success/failure to beat the market, to beat the market the funds must consistently select over-performers. No-one claims that they only select over-performers, but they select enough of them (or not...) for the average returns to be appealing (or not...) for the investors.\""}
{"text": " \"mcnultysbluecavalier, I just made this account and broke my lurking reddit virginity to give you these upvotes. I'm also an undergrad and in a similar position as Wegener. I graduated this April and have been trying hard to break the industry. However, I've been slowly slipping into given up these past month, but not admitting it: Procrastination, Frustration, and loosing confidence. After reading your comments, it really woke me up. Seriously. \"\"find that fucking dog\"\" for some reason hit a chord and I now I cant wait to wake up tomorrow and give it all I got. So just want to say thanks bro and here's an upvote. PS. Check out my new desktop Background: http://imgur.com/zxOoq\""}
{"text": " For reporting to the IRS, every bank account has a primary tax ID number associated with it. When there are multiple joint owners, they  (the owners) usually pick a person at random to be the primary, unless there is a large amount of interest involved, in which case I would suggest consulting a tax attorney. As for the online banking, it depends on your institution's software. My institution allows every individual to have a separate ID; if this is important to you (and it would be to me), then look for another bank that offers it."}
{"text": " There's no formula for how much is the ideal amount to spend on entertainment and fun. As JoeTaxpayer says, it's all about balance. Maybe relative costs are different in France than in the US where I live, but here, housing and the things that go with it -- electricity, heat, insurance, maybe a few other miscellaneous items -- are usually a huge portion of a young person's expenses. If you don't mind living with your parents -- and they don't mind having you -- you can save a lot of money. There are lots of things you can do for fun that don't cost a lot of money. If your idea of fun is collecting fancy cars and making round-the-world trips, yes, that can get expensive fast. When I was in my 20s, my entertainment mostly consisted of going to movies, amusement parks, and occasional concerts; and playing computer games. Those aren't super expensive as long as you don't do them every day. And keeping my car running, which saved money over buying a new car. These days I'm in a situation analogous to yours: I'm getting older, and so I'm trying to build up a retirement account so I can retire comfortably. So I have to balance how much I put away for retirement with spending on fun things now. I have certain targets, and so I budget that I will put this amount away for retirement every month, and my spending money is what I have left. I think that's better than, spend whatever I want on fun, and then put what's left toward retirement. The latter plan is probably a fast route to debt."}
{"text": " Markets are definitely not efficient 100% of the time in thousands for ways. For example, why does implied volatility of options spike right before earnings when everyone already know the earnings date? Sentiment can also change in a blink of an eye based on analyst downgrades or a technical sell off. That said, most market inefficiencies are not salable. Its not possible to make a play off a illogical sell-off when your AUM can buy the company many times over."}
{"text": " This is a joke, just like all the other settlements.  What does it mean?  This payment just symbolizes all the money they are letting go of through short sales, etc.  Their just using this payment to cover their losses.  Its not a payment, its an agreement to relieve $16Billion in debts."}
{"text": " Generally just giving a Bank Account Number does not cause damage. It depends on what other information the user has and the country you are in.  Generally Bank take telephone instruction for certain [non-transactional] activities , and they would authenticate you by asking account number, address, date of birth and some additional info. In today's world this info can be pretty easily accessible, for example facebook or a details posted on Jobsites etc. It is best avoided to give the bank account details, unless you are sure of the person.  Typical other misuse is using your bank account to Launder black money. The typical modus is transfer funds to you and then ask you to transfer it elsewhere. At times its also a scam and you loose money as they trick you in sending money before you receive it."}
{"text": " \"Short answer: If you bought the car -- as opposed to leasing it -- there is no one to \"\"turn it in\"\" to.  The reality of cars and car loans is this: The value of a car tends to fall rapidly the first couple of years, then more slowly after that. Like it might lose $2000 the first year, $1000 the second, $500 the third, etc. What you owe on a loan falls slowly at first, because a lot of your payment is going to interest, but then as time goes on you pay off the loan faster and faster. So you may pay off $1000 the first year, $1100 the second, etc. (I'm just making up numbers, depends on the value of the car, and the term and interest rate of the loan, but that's the general idea.) Combining these two things means that in the first few years after you buy a car, if you had a small or no down payment, you might well owe more on the car than it is worth. That's just how the numbers work out. If you keep the car long enough, eventually you hit a point where it is worth more than you owe. Keep it until you've paid off the loan and you owe $0 but the car is still worth SOMETHING, exactly how much depending on its condition and other factors. If you just use the car and pay off the loan, i.e. if you don't sell the car or refinance the loan or some such, then this doesn't matter very much. You make your loan payments, and you have use of the car. What difference does the book value of the car at any given moment matter to you? If the idea of owing more than the car is worth bothers you in principle, then in the future you could make a larger down payment. Or make extra payments on the loan the first couple of years to knock the principle down faster. That's about the only things you can do. Well, you could buy with cash so you owe zero and the car is always worth more than you owe. But given that you are where you are: If you just keep the car and keep driving it and keep paying the loan, then you are exactly where you thought you would be when you bought the car, right? I mean, the day you bought the car, you presumably weren't thinking that at some future date you could refinance at a lower rate. How would you know? So I think the easy answer is: Don't sweat it. Just enjoy the car and pay your bills.\""}
{"text": " Like the other answers, I'm not entirely sure the equivalent exists in your country. But in the US there are thrift stores run by charities like GoodWill or the Salvation Army that sell clothes for very little money.  When my wife was in a similar situation very early in her career she learned the trick of driving to thrift stores nearest to the richest neighborhoods in town. She often found high dollar designer clothes that had been worn once (to an event or party) and then donated. Apparently it is quite gauche for the well-to-do to be caught dead in the same outfit twice. It wasn't uncommon for her to find clothes/shoes that retailed for hundreds of dollars for $10 or so."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-21/how-just-14-people-make-500-000-tons-of-steel-a-year-in-austria) reduced by 87%. (I'm a bot) ***** &gt; The plant, a two-hour drive southwest of Vienna, will need just 14 employees to make 500,000 tons of robust steel wire a year-vs. as many as 1,000 in a mill with similar capacity built in the 1960s.  &gt; Voestalpine long ago decided it couldn&amp;#039;t compete on bulk steel with titans such as Luxembourg-based ArcelorMittal, Japan&amp;#039;s Nippon Steel, or South Korea&amp;#039;s Posco, let alone hundreds of low-cost Chinese furnaces.  &gt; Over the past 20 years, the number of worker-hours needed to make a ton of steel industrywide has fallen from 700 to 250, as new control processes and innovations such as casting steel closer to the shape of the finished product have improved productivity, according to the World Steel Association.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6irf3i/how_just_14_people_make_500000_tons_of_steel_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~149920 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*: **steel**^#1 **Donawitz**^#2 **Voestalpine**^#3 **jobs**^#4 **mill**^#5\""}
{"text": " Be it a small mid-size or big business, they want to upload clear, bright, and sharp images of their products on their website or other online platforms to lure customers. Subsequently there is increase the demand of expert Product Photography in LA."}
{"text": " Just because gold performed that well in the past does not mean it will perform that well in the future.  I'm not saying you should or should not buy gold, but the mere fact that it went up a lot recently is not sufficient reason to buy it. Also note that on the house, an investment that accrues continuous interest for 30 years at an annual rate of about 7.7% will multiply by a factor of 10 in 30 years.  That rate is pretty high by today's standards, but it might have been more feasible in the past (I don't know historical interest rates very well).  Yet again note that the fact that houses went up a lot over the last 30 years does not mean they will continue to do so."}
{"text": " I have gotten a letter of credit from my credit union stating the maximum amount I can finance. Of course I don't show  the dealer the letter until after we have finalized the deal. I Then return in 3 business days with a cashiers check for the purchase price.  In one case since the letter was for an amount greater then the purchase price I was able drive the car off the lot without having to make a deposit. In another case they insisted on a $100 deposit before I drove the car off the lot. I have also had them insist on me applying for their in-house loan, which was cancelled when I returned with the cashiers check.  The procedure was similar regardless If I was getting a loan from the credit union, or paying for the car without the use of a loan. The letter didn't say how much was loan, and how much was my money.  Unless you know the exact amount, including all taxes and fees,in advance you can't get a check in advance. If you are using a loan the bank/credit Union will want the car title in their name."}
{"text": " The original contribution of X to Roth IRA in your reasoning is a red herring. It doesn't exist, never happened. You recharacterized it, so what you did in reality is contribute X to Traditional IRA."}
{"text": " \"Both names are on the deed, so the property is jointly owned. You're going to need the second person's signature to be able to sell the property. Ideally the way to know \"\"what happens now\"\" is to consult the written agreement you made before you purchased the house together. The formula for dividing up assets when dissolving your partnership is whatever you agreed to up front. (Your up-front agreement could have said \"\"if you move out, you forfeit any claim to the property\"\".) It sounds like you don't have that, so you'll have to come to some (written) agreement with your partner before you proceed. If you can't come to an agreement, then you'll end up in court, a judge will split up the assets, and the only winners there are the lawyers...\""}
{"text": " \"a lot of companies will \"\"class\"\" their shares and the founders will hold on to the A class shares so that they can distribute more than 50% but still retain the majority of control over company decisions. A lot of this stuff is set out in the underwriting.\""}
{"text": " Not at all, the *worst case scenario* is that an employer simply doesn't care that you have your CFA. If you have the time and think you can actually accomplish it and it'll make you more of a powerful candidate, it would be worth getting it."}
{"text": " I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [First, Amazon destroyed retail -- now, it's coming for Starbucks | ZDNet](https://www.reddit.com/r/talkbusiness/comments/79uaxa/first_amazon_destroyed_retail_now_its_coming_for/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"text": " Your question reminds me of a Will Rogers quote: buy some good stock, and hold it till it goes up, then sell it. If it don\u2019t go up, don\u2019t buy it. There's no way to prevent yourself from buying a stock that goes down.  In fact all stocks go down at some times.  The way to protect your long term investment is to diversify, which increases the chances that you have more stocks that go up than go down.  So many advisors will encourage index funds, which have a low cost (which eats away at returns) and low rick (because of diversification).  If you want to experiment with your criteria that's great, and I wish you luck, but  Note that historically, very few managed funds (meaning funds that actively buy and sell stocks based on some set of criteria) outperform the market over long periods.  So don't be afraid of some of your stocks losing - if you diversify enough, then statistically you should have more winners than losers. It's like playing blackjack.  The goal is not to win every hand. The goal is to have more winning hands than losing hands."}
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{"text": " I don't see any trading activity on rough rice options, so I'll just default to gold.  The initial margin on a gold futures contract is $5,940. An option on a gold futures represents 1 contract. The price of an October gold futures call with a strike of $1310 is currently $22.70. Gold spot is currently $1308.20. The October gold futures price is $1307.40. So, yeah, you can buy 1 option to later control 1 futures for $22.70, but the moment you exercise you must have $5,940 in a margin account to actually use the futures contract. You could also sell the option. I don't know how much you're going to enjoy trading options on futures though -- the price of this option just last week ranged from $13.90 to $26, and last month it ranged from $15.40 to $46.90. There's some crazy leverage involved."}
{"text": " \"From the perspective of an investor and someone in high-tech during that period, here is my take:  A few high tech companies had made it big (Apple, Microsoft, Dell) and a lot of people were sitting around bemoaning the fact that we all should have realized that computers were going to be huge and invested early in those companies. We all convinced ourselves that we knew it was going to happen (whether we did or not), but for some reason we didn't put our money where our mouth was and now we were grumpy because we could be millionaires already. In the meantime the whole Internet thing transitioned from being something that only nerds and academics used to a new paradigm for computing. Many of us reasoned that we weren't going to be suckers twice and this time we were getting on that boat before it left for money-land.  So it became fashionable to invest in Internet stocks. Everyone was doing it. It was guaranteed to come up in any conversation at parties or with friends at work. So with all this investment money out there for the Internet's \"\"next big thing\"\" naturally lots of companies popped up to take advantage of the easy money. It got to the point where brokers and Venture capital firms were beating the bushes LOOKING for companies to throw money at and often they didn't scrutinize these company's business plans very well and/or bought into insane growth projections. Frankly, most of the business plans amounted to \"\"We may not make any money off our users, but if we get enough people to sign up that HAS to be valuable, right?\"\"  Problem #2 was that most of these companies weren't run by proven business types, but that didn't matter. It worked for those rag-tag kids at Google, Apple and Microsoft right? Well-heeled business types who know how to build a sustainable business model are so gauche in the new \"\"Internet Economy\"\".  Also, the implicit agenda of most of these new entrepreneurs is (1) Get enough funding to make the company big enough go public while keeping enough equity to get rich when it does; (2) Buy a Ferrari; (3) Repeat with another company.   Now these investors weren't stupid. They knew what was going on and that most of these Internet companies weren't going to be around in a decade. Everyone was just playing the momentum and planned to get out when they saw \"\"the signal\"\" that the whole house of cards was going to fall. At the time we always talked about the fact that these investments were totally playing with monopoly money, but it was addictive. During the peak, at least on paper, my brokerage account was earning more money for me than my day job.  The problem was, that it was all kind of a pyramid scheme. These dot com companies needed a continual supply of new investment because most of them were operating at a loss and some didn't even have a mechanism to make a profit at all, at least not a realistic one. A buddy of mine, for example worked for an IPO bound company that made a freaking web based contact management system. They didn't charge yet, but they would one day turn on the meter and all of those thousands of customers who signed up for a free account would naturally start paying for something the company was actively devaluing by giving it away for free. This company raised more than $100M in venture capital.  So eventually it started to get harder for these companies to continue to raise new money to pay operational costs without showing some kind of ROI. That is, the tried-and-true model for valuing a company started to seep back in and these companies had to admit that the CEO had no clothes. So without money to continue paying for expensive developers and marketing, these companies started to go under. When a few of the big names tumbled, everyone saw that as \"\"the signal\"\" and it was a race to the bank. The rest is history.\""}
{"text": " This is tax fraud, plain and simple. I recently wrote an article The Step Transaction Doctrine, in which I explain that a series of events may each be legal, but aggregate to one transaction and the individual steps are ignored.  In this case, it goes beyond that, by accepting $5/mo you are already outside the tax code. As littleadv noted, you can't work for a legitimate business for free and not expect to have some kind of issue. The $14K/yr gift isn't a bona fide gift, but ties to that work."}
{"text": " Sure did. For starters, it's important to note that many things that people label as public goods are not public goods. Roads and security services are not. Now if you're talking about the air that we breathe and bodies of water, then that is an issue for the legal system. A man could own a section of a river that runs through his property and - assuming that it was a clean river when he took ownership of it - he would have homesteaded the right to have that river be clean. He can only pollute it to the extent that it doesn't hurt others downstream, and he has a legal claim against any who would pollute it from upstream.  &gt; If private roads are so great, why didn't private institutions come up with the national highway system?  If state management of roads is so great, why did they have to steal land from private individuals to create a national highway system? If the benefits were so great, they should have been able to articulate that to the people along said highway and not taken their land by force. To directly answer your question: because the private sector doesn't come up with just anything and everything. It comes up with things that are mutually beneficial.  &gt; Will you trust private security to enforce our laws? How will you privatize the justice system?  It's not a matter of trust since I advocate a system of polycentric law, but I *would* prefer a market based system of law because it would provide more flexibility for consumer preferences and reduce conflict. There are videos that explain [here](https://www.youtube.com/watch?v=A8pcb4xyCic) and [here](https://www.youtube.com/watch?v=jTYkdEU_B4o).  &gt; In your view, what are the benefits of the profit motive behind private prisons?  I actually don't think that a private system of law would have a prison system like we have today. I personally see little use for one at all, but [here](https://www.youtube.com/watch?v=SzYJYSm-MfI) is one theory on the market for a market based system of prisons."}
{"text": " \"You could try this experiment: pay for an Ad/banner on Facebook for 1 month. The Ad/banner should link to your ecommerce site. Then see if the Ad/banner does or does not convert into ecommerce orders (\"\"converting\"\" means that people coming to your eccomerce site from Facebook after having clicked on your Ad/banner really buy something on your site). If it does convert, you will go on paying for Ads/banners and other people will do the same for their sites, so FB might make cash in next years. But if it does NOT convert you and everybody else will soon discover and stop paying for Ads/banners, thus it will be hard for Facebook to make money with Advertising, thus Facebook might be just a big bubble (unless they find other ways of making money). I did the experiment I suggested above and the conversion rate was an absoulte ZERO!!! (Instead Google Adwords converted well for the same site). So IMHO I would stay away from FB. But remember that stock market is emotional (at least on short periods of time), so it might be that even if FB wil never become a cash cow, for the 1st few months people (expecially small investors tempeted by the brand) might go crazy for the stocks and buy buy buy, making the price go up up up. EDIT in reply to some comments below arguing that my answer was boiled down to one single experiment: General Motors said Tuesday that it will stop paid advertising on   Facebook...the social media paid ads simply weren't delivering the   hoped-for buyers... (CNN May/15/2012) A donkey can not fly either when it's me (with a single experiment) trying to make it fly or the entire GM workforce.\""}
{"text": " Why don't you get a better serving job?  If you have all those years of experience why not bartend at a local or try for PF changs or Cheesecake Factory or something?  I'm not trying to be snarky, I've got 13 years in the trenches myself. I just wouldn't work at a tgichilibees at my age or with my experience unless I was on some real hard times."}
{"text": " Opening capital = opening assests-opening liabilities"}
{"text": " No one is arguing communism.  No one wants that.  I find it curious that that is the go-to accusation to anyone who wishes to put an end to the favor-the-wealthy economic policies that we've embraced since the 1980s (trickle-down theory, supply-side theory, Reaganomics).  We need a favor-the-middle class economic policy.  Your taxes and mine will not be affected, only the wealthiest among us will be, the billionaires and multi-millionaires.  What I'm saying is we need a return to the tax rates on the top tax bracket that we had during the 1950s and 1960s, a period shortly after World War II that was America's heyday.  I would hardly call that period in time communist, with McCarthyism and all the anti-communist fervor going around.  It's time to undo Reaganomics and go back to what has worked for our country before."}
{"text": " This is bad statistics. If you look at people who jumped ship, of course you're going to see bigger increases in salary because you're not counting those that looked for a new job and didn't find a better offer. They stayed put.  People are complacent but companies are, too. Employers aren't putting a lot of effort into firing bad employees as soon as they can. So there are employees that aren't jumping ship and could be paid more but there are also employees that should be kicked off the ship and paid less, but aren't.  All that said, staying put is easier than moving and there's a price for it. If you're willing to move around, you might do better. Might not. If you only look around at the ones that did move, of course it's going to look like they did better!"}
{"text": " I can't relate in the slightest to your desire to be manipulated more effectively.   And again, your shitty connection is a political problem, not a technological hurdle. You can and should have better pipe. Push for that, instead of asking spambots to spy on your habits more aggressively."}
{"text": " Well, the simple answer is that I reject the assumptions of demand-side economics. I don't believe that the velocity of money matters, because money isn't real. It's just a proxy for actual value which is derived from the subjective perception of people.  The trouble with looking at data is that it's all observational data, not experimental, so a substantial amount of judgement needs to be employed in interpreting causation, and with economics being a politically charged discipline, there's significant risk of bias in making those judgements, particularly if they are being made in an ideologically homogeneous setting (such as much of present-day academia).  I look at economics from a rationalist epistemological lens, rather than an empiricist one, which is why I don't take studies as seriously as some others do."}
{"text": " I think you raise a very good point here.   It is a very well-known fact that the US is not a leader in automated manufacturing. Europe has traditionally been the place that consumes the majority of the automated manufacturing equipment that, in turn, comes out of Japan.   Japan specializes in the manufacture of automated manufacturing equipment and has since the US ceded this market to them in the 1950s offering the Japanese access to the technology created at General Motors called ladder logic and programmable logic controllers. These technologies were created from scratch on the shop floor at General Motors at a time when there was a saying that what is good for General Motors is good for the America.  This was back before semiconductor transistors were affordable. Those early manufacturing robots actually used arrays of electromechanical relays and ladder logic which is still used till this days in the robots that come out of Japan is still based on metaphorical relays although they are now virtual constructs.   The Japanese ran with the tech and now many people believe that the Japanese invented it. Certainly they refined it over the years but the early work was handed to them in part as an effort to win them over from their potential allegiance with the Soviets. Japan was always a much larger lynch-pin than either Korea or Vietnam where the actual military battles went down. What was really scary to America was losing Japan and the transfer of robotics technology to the Japanese was part of the arrangement to keep them cozy with the US military empire.   But the largest customer was not within Japan. The actual sales of equipment went to the Europeans. That's where automated manufacturing is currently at its peak. However, things have been rapidly changing and for over a decade the fastest rising automation market has been China.   Currently Foxconn or HongHai the large contract manufacturer famous for their Apple contracts is in the process of building an automation base in the middle of Taiwan.   If you want jobs in automated manufacturing technology you should be studying Chinese as well as microcontrollers."}
{"text": " I am going to read the article now; but first I wanted to say that the Cisco platform is very old and that it is not impossible for another company to make switches that hedge new technology. It seems only natural that Huawei would be able to give them a good run."}
{"text": " NN/ES based approaches are much more non-transparent compare to traditional statistical learning approaches.     Worse are the RL algos (i.e., actual learning instead of just classification), most dont have closed form formuli and are not optimal.     Machine learning 1.0/big data was limited by data and compute. Machine learning 2.0 is only limited by compute."}
{"text": " \"&gt; There are way more than \"\"some successful ones from millions.\"\" Nearly all my close friends are employed professionals (I'm talking about doctors, lawyers, university professors, software developers, business owners, government employees, working artists, you name it) who use marijuana. Same goes for my parents' friends. If anything, they smoke much more than my generation. Yet they all seem to have had decent careers and are now retiring happily.  Yeah but they go to work high. The millennial smokers I see often smoke a few times a day. Come to LA where I live and TONS of them have the stupid fake ass marijuana cards. Medical use my ass, loser use is what it should be called.  I wouldn't call daily smokers happy or successful. Someone that is happy or successful can unwind without the use of drugs whether its weed or alcohol.   &gt; More than half of Americans have used marijuana. If what you were saying were true, there would be a huge underclass of people wasting away in basements, doing nothing more with their lives than eating Pringles and playing video games. But that's just a derisive stereotype that does not represent most people who smoke pot.  HAVE used is different than use daily, you do understand that, right?   Most aren't successful at all actually. u/garlicdeath has some numbers for us and I'll quote him:   \"\"NPR had a statistic that about 1 in 3 Millenials live at home with their parents, 1 in 3 live with a friend or relative and the rest have their own place or live with their SO\"\"\""}
{"text": " Life is a lot more difficult if you accept the constraints that are sold to you. 80 hours per week for a $90k salary is completely unacceptable, imo, unless you're absolutely in love with your job and it's all you want to do anyway.  You can earn money in proportion to how much value you create for people if you offer something of value.  A degree in isolation, even from the best school in your field, is completely worthless though."}
{"text": " D\u1ecbch v\u1ee5 ph\u1ee5c h\u1ed3i tr\u1ea7n th\u1ea1ch cao SMY \u0111\u00e3 \u0111\u01b0\u1ee3c \u00e1p d\u1ee5ng trong nhi\u1ec1u th\u1eadp k\u1ef7 qua \u0111\u1ed1i v\u1edbi c\u00e1c t\u00f2a nh\u00e0 thu\u1ed9c m\u1ecdi lo\u1ea1i, k\u00edch th\u01b0\u1edbc v\u00e0 \u0111i\u1ec1u ki\u1ec7n v\u00e0 t\u1eeb c\u00e1c t\u00f2a nh\u00e0. Tr\u1ea3 \u00edt h\u01a1n v\u00e0 c\u00f3 \u0111\u01b0\u1ee3c d\u1ecbch v\u1ee5 th\u1ea1ch cao h\u1ea5p d\u1eabn h\u01a1n v\u1edbi ch\u1ea5t l\u01b0\u1ee3ng kh\u00e1c nhau. Ch\u00fang t\u00f4i \u0111ang \u1edf tuy\u1ebfn \u0111\u1ea7u c\u1ee7a availing s\u1ef1 ph\u00e2n chia tuy\u1ec7t v\u1eddi m\u00e0 tran thach cao c\u00f3 th\u1ec3 \u0111\u1ea3m b\u1ea3o ho\u1ea1t \u0111\u1ed9ng kinh doanh d\u1ec5 d\u00e0ng, b\u1ed5 sung gi\u00e1 tr\u1ecb v\u00e0 t\u0103ng c\u01b0\u1eddng t\u00ednh ri\u00eang t\u01b0. \u0110\u1ed9i ng\u0169 nh\u00e2n vi\u00ean c\u1ee7a ch\u00fang t\u00f4i s\u1ebd \u1ee7ng h\u1ed9 b\u1ea1n \u1edf nhi\u1ec1u l\u1ef1a ch\u1ecdn thay th\u1ebf c\u00f3 s\u1eb5n theo \u00fd c\u1ee7a b\u1ea1n v\u00e0 b\u1ea1n s\u1ebd ho\u00e0n to\u00e0n \u0111\u01b0\u1ee3c th\u00f4ng b\u00e1o th\u00eam v\u00e0 am hi\u1ec3u."}
{"text": " &gt; But their strategy is not debt spending to increase demand.  They deficit spend.  They increase prosperity and thus demand.  They do it consistently and repeatedly.  Claims that it's effects are unintentional don't hold up. Starve the beast is political cover.  What they are doing is pushing profits up for the rich by cutting their taxes.  Why has as many answers as there are politicians pursuing these policies, but the deficit spending is fairly obviously designed to make the economy appear to be doing better.  The interesting side effect is, that they *are* making the economy do better.   &gt; Deficit spending does drive demand short term. But as this debt rises so does the rent seeking cost of that debt.  This is not where rent seeking occurs. The net cost of national debt is negative.   &gt; Most such debt spending is a complete waste.  Only if you don't understand that people having money is a prerequisite for people spending money.   &gt; Your tax rate is not determined by how much money the government takes from you.  The government gives you more income than it takes from you in taxes.  Every bit of cut spending removes income from the population.  Since we all work for each other and one person's income becomes another's relatively quickly, it's an appropriate approximation to average that income out over the population and when you do that you quickly see that government taxes and spending have a net positive effect on how much money we have.  This is why we can dump so much into defense spending and still have a viable economy and why removing that spending would do more harm than good.    Our economic trouble has nothing to do with efficiency and how much work needs to be done, and everything to do with how much money people have to spend.  Government taking on more debt thus creating more money and handing it to it's population makes that problem better and thus the economy gains strength.  Fixing the core problem that is causing the population to run out of money is a harder task, but piling on the debt in the meantime alleviates the symptoms."}
{"text": " \"You should probably call the travel agency and complain. Not that they will care, but if by any chance they do - they can ask PayPal to remove the block. This is what is called \"\"authorization pending\"\". Usually, a credit card transaction has two stages: The merchant requests its payment processor to authorize the transaction. The processor will contact the card issuer with the transaction details and will get the authorization code which will be passed to the merchant. At that stage the transaction enters the \"\"pending\"\" stage on your account. The merchant submits the transaction and gets the money from its payment processor, who forwards the transaction to the card issuer and gets the money from there. The card issuer charges the card owner. The transaction should have the same authorization code received in step #1, and by matching it to the pending transaction, the card issuer removes the pending transaction, and posts the actual transaction. However, if the transaction in step #2 doesn't include the code from step #1, the match doesn't occur and you see the situation you have now: both the actual transaction and the pending are active. In this case the merchant should contact its merchant processor and request the revocation of the authorization code. The processor will then forward the request to the card issuer, who will then remove the pending transaction. As you can see - multiple parties have to actually care for that to happen, and many times they don't, because they don't have to. As to the period - it's up to the card issuer (PayPal in your case), but 1 month is a very long time. Usually it's about a week or two, unless it's a hotel/car rental. In any case - once it expires, it will go away on its own and if you don't mind for the amounts to be blocked until then - just let it expire. The fact that you used a debit card for this transaction is irrelevant. Unless it was a pin transaction, debit card transactions are processed as credit card transactions by processors. For pin transactions, there process is different and you shouldn't see doubles. If it was a pin transaction - contact PayPal and check with them what's going on. Generally, PayPal is not to be used as a \"\"bank account\"\", it is merely a payment processor, and it is advised to remove the money from there as soon as possible.\""}
{"text": " Coinciding with a complete turnover of ocean currents since the industrial revolution started. The ocean has been saturated with CO2 which has been absorbing it like mad for the last 200+ years. Now the water that was on the surface during the industrial revolution absorbing CO2 has gone down to lower underwater currents, flowed back to the start of the current, and popped back up at the surface. It isn't fresh clean water that can absorb more CO2, it is already saturated. This is were most of the 'missing' climate change has gone, into carbonating the water. Now it is being oversaturated with the combined effects of making the ocean more acidic and less fit to support life. We should be seeing CO2 levels rise exponentially the next couple decades above what we have in the past with similar CO2 output levels, there aren't as many places left for it to go."}
{"text": " No. PayPal payments are credited to a PayPal account. PayPal doesn't let you pay arbitrary banks or credit cards, that defeats the purpose of PayPal and there are other services which can do that cheaper or with less hassle. You need to find another mutually available and satisfactory option with your client."}
{"text": " Well, the problem with putting a group of people in charge of something so substantial is that man is corruptible.  The individuals in charge will change over time and eventually corrupt people will be in charge.  It's inevitable.  &gt; If you were in charge, what action would you take?  If I were in charge of the Fed or if I were in charge of designing a brand new monetary system?  If I were in charge of the Fed, I would immediately stop the creation of this funny money, make all of the Fed's account books, publications, meeting minutes and all other info public information.  I would invite a full audit of the entire organization.  I would then hold the people accountable for any fraud that turns up.  Then I would simply abolish the organization.  I believe local banks can better set lending rates just as local store owners can set better prices than a single federal organization.  Interest rates would reflect actual demand for loans, not reflect the secret personal agenda of some arrogant, elitist bureaucrat.  If I were designing a new monetary system, I would combine the obvious benefits of a gold/silver standard with the openness and decentralized nature of a currency like bitcoin.  I would create a published and predictable increase to the money supply that could not be changed, and would grow just enough to avoid constant deflation as economies expanded.  Most importantly, I would advocate and encourage the creation of alternate currencies to allow honest competition."}
{"text": " You could think of points 1 and 3 combined to be similar to buying shares and selling calls on a part of those shares. $50k is the net of the shares and calls sale (ie without point 3, the investor would pay more for the same stake). Look up convertible debt, and why it's used. It's basically used so that both parties get 'the best of both world's' from equity and debt financing.   Who is he selling his share to in point 2 back to the business or to outside investors?"}
{"text": " Even if Tesla ends up breaking even or taking a small loss on their cars, they will still end up in the black selling batteries. Tesla wants people to believe they're a car company, and people have fallen for it. They are not though; they're a battery company. They will be making loads selling their batteries, not only to auto makers, but though Solar city as well."}
{"text": " \"This is the best tl;dr I could make, [original](http://www.nber.org/papers/w23839) reduced by 55%. (I'm a bot) ***** &gt; There is strong persistence over time in the bottom tail of the wealth distribution, but the probability of having low wealth increases slowly with age after age 65.  &gt; Those with low lifetime earnings are much more likely to report low wealth at retirement, and to die with little wealth, than their higher-earning contemporaries.  &gt; The onset of a major medical condition and the loss of a spouse increase in the probability of falling into the low wealth category at advanced ages, although these factors appear to contribute to wealth decline for only a small fraction of those who had modest wealth at age 65 but low wealth at the time of death.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/72efsa/this_is_why_people_make_fun_of_economists_those/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~216369 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*: **wealth**^#1 **age**^#2 **low**^#3 **little**^#4 **Retirement**^#5\""}
{"text": " From my experience you don't need knowledge of accounting to pick good stocks. The type of investing you are referring to is fundamental. This is finding out about the company, this websites should help you start off: http://en.tradehero.mobi/how-to-choose-a-stock-fundamental-analysis/ Investopedia will also be a useful website in techniques. A bit of knowledge in economics will be helpful in understanding how current affairs will affect a market, which will affect stock prices. However you need neither economics or accounting knowledge if you were to learn technical analysis, many doubt the workings of this technique, but in my experience it is easier to learn and practise. For example looking at charts from previous years it shows the last time there was a huge recession the dollar did well and commodities didn't. In this recession we are entering you can see the same thing happening. Read about the different techniques before limiting yourself to just looking at financial statements you may find a better technique suited to you, like these technical analysts: http://etfhq.com/blog/2013/03/02/top-technical-analysts/ Hope this helps."}
{"text": " Technically a hedge fund is nothing more than a private investment partnership.  I was my own full time employee, with investment partners.  I traded for years, and own(ed) another business which was already more than paying all my bills, so why not start a hedge fund, doing something else I loved to generate additional income, and hopefully, someday, make it to the big leagues?"}
{"text": " \"What you are describing sounds a lot like the way we handle our household budget.  This is possible, but quite difficult to do with an Excel spreadsheet.  It is much easier to do with dedicated budgeting software designed for this purpose. When choosing personal budgeting software, I've found that the available packages fall in two broad categories: Some packages take what I would call a proactive approach: You enter in your bank account balances, and assign your money into spending categories.  When you deposit your paycheck, you do the same thing: you add this money to your spending categories.  Then when you spend money, you assign it to a spending category, and the software keeps track of your category balances.  At any time, you can see both your bank balances and your spending category balances.  If you need to spend money in a category that doesn't have any more money, you'll need to move money from a different category into that one.  This approach is sometimes called the envelope system, because it resembles a digital version of putting your cash into different envelopes with different purposes.  A few examples of software in this category are You Need a Budget (YNAB), Mvelopes, and EveryDollar. Other packages take more of a reactive approach: You don't bother assigning a job to the money already in your bank account.  Instead, you just enter your monthly income and put together a spending plan.  As you spend money, you assign the transactions to a spending category, and at the end of the month, you can see what you actually spent vs. what your plan was, and try to adjust your next budget accordingly.  Software that takes this approach includes Quicken and Mint.com. I use and recommend the proactive approach, and it sounds from your question like this is the approach that you are looking for.  I've used several different budgeting software packages, and my personal recommendation is for YNAB, the software that we currently use.  I don't want this post to sound too much like a commercial, but I believe it will do everything you are looking for.   One of the great things about the proactive approach, in my opinion, is how credit card accounts are handled.  Since your spending category balances only include real money actually sitting in an account (not projected income for the month), when you spend money out of a category with your credit card, the software deducts the money from the spending category immediately, as it is already spent.  The credit card balance goes negative.  When the credit card bill comes and you pay it, this is handled in the software as an account transfer from your checking account to your credit card account.  The money in the checking account is already set aside for the purpose of paying your credit card bill. Dedicated budgeting software generally has a reconcile feature that makes verifying your bank statements very easy.  You just enter the date of your bank statement and the balance, and then the software shows you a list of the transactions that fall in those dates.  You can check each one against the transactions on the statement, editing the ones that aren't right and adding any that are missing from the software.  After everything checks out, the software marks the transactions as verified, so you can easily see what has cleared and what hasn't. Let me give you an example to clarify, in response to your comment.  This example is specific to YNAB, but other software using the same approach would work in a similar way. Let's say that you have a checking account and a credit card account.  Your checking account, named CHECKING, has $2,000 in it currently.  Your credit card currently has nothing charged on it, because you've just paid your bill and haven't used it yet this billing period.  YNAB reports the balance of your credit card account (we'll call this account CREDITCARD), as $0. Every dollar in CHECKING is assigned to a category.  For example, you've got $200 in \"\"groceries\"\", $100 in \"\"fast food\"\", $300 in \"\"rent\"\", $50 in \"\"phone\"\", $500 in \"\"emergency fund\"\", etc.  If you add up the balance of all of your categories, you'll get $2,000. Let's say that you've written a check to the grocery store for $100.  When you enter this in YNAB, you tell it the name of the store, the account that you paid with (CHECKING), and the category that the expense belongs to (groceries).  The \"\"groceries\"\" category balance will go down from $200 to $100, and the CHECKING account balance will go down from $2,000 to $1,900. Now, let's say that you've spent $10 on fast food with your credit card.  When you enter this in YNAB, you tell it the name of the restaurant, the account that you paid with (CREDITCARD), and the category that the expense belongs to (fast food).  YNAB will lower the \"\"fast food\"\" category balance from $100 to $90, and your CREDITCARD account balance will go from $0 to $-10. At this point, if you add up all the category balances, you'll get $1,890.  And if you add up your account balances, you'll also get $1,890, because CHECKING has $1,900 and CREDITCARD has $-10.  If you get your checking account bank statement at this time, the account balance of $1,900 should match the statement and you'll see the payment to the grocery store, assuming the check has cleared.  And if the credit card bill comes now, you'll see the fast food purchase and the balance of $-10. When you write a check to pay this credit card bill, you enter this in YNAB as an account transfer of $10 from CHECKING to CREDITCARD.  This transfer does not affect any of your category balances; they remain the same.  But now your CHECKING account balance is down to $1,890, and CREDITCARD is back to $0. This works just as well whether you have one checking account and one credit card, or 2 checking accounts, 2 savings accounts, and 3 credit cards.  When you want to spend some money, you look at your category balance.  If there is money in there, then the money is available to spend somewhere in one of your accounts.  Then you pick an account you want to pay with, and, looking at the account balance, if there isn't enough money in that account to pay it, you just need to move some money from another account into that one, or pick a different account.  When you pay for an expense with a credit card, the money gets deducted from the category balances immediately, and is no longer available to spend on something else.\""}
{"text": " That's a serious threat, a lot of people keep saying this but the Chinese are really the ones who need us.  Their economy is a house of cards, based on an ever worse and more corrupt version  of the Japanese 70-80s model, and their trade is the only thing injecting enough money into the system to barely pay for the government to prop up all of its important industries. Unfortunately their trade demands the US Dollar/debt to manipulate their currency to stay cheap. To lose access to US finances is more or less an existential threat to China. On the other hand the US really could find replacements or live without whatever we lose from Chinese trade. For this specific nunber, I don't know how he came to it, but Peter Zeihan says the US' GDP from trade is only about 14%, and only about 4% when you discount NAFTA and energy imports."}
{"text": " That's very true, but there are companies that have business models which would be viable if that gun were taken off the table. These are the good companies.  Our focus should be on diminishing the power of Washington to play favorites, as that will clear the way for the deserving to succeed and the undeserving to fail."}
{"text": " \"You say: To clarify, my account is with BlackRock and the fund is titled \"\"MID   CAP GROWTH EQUITY-CLASS A\"\" if that   helps. Not totally sure what that   means. You should understand what you're investing in.  The fund you have could be a fine investment, or a lousy one.  If you don't know, then I don't know. The fund has a prospectus that describes what equities the fund has a position in.  It will also explain the charter of the fund, which will explain why it's mid-cap growth rather than small-cap value, for example.  You should read that a bit.  It's almost a sure thing that your father had to acknowledge that he read it before he purchased the shares! Again: Understand your investments.\""}
{"text": " Sure.  Here it is in its deadly simplicity:  Bank of Too Big  123 Fake St  City State Zip   Date   To whom it may concern:  Please let this letter serve as formal instruction for Bank of Too Big to close the following accounts held under my name, [your name],  [your social security number], listed below  Checking: 00000000  Savings    00000000  Please remit the remaining balances in the form of an official check made payable to me and mail that check for deposit to my account at:  Your Awesome New Bank  c/o the new manager  Address  Thank you for your prompt attention to this matter.  If you wish to reach me, you may do so at [telephone number] *pro tip: they **never** call you.*  Sincerely,   Newly empowered consumer, you.     **Here are the important parts:**  1. You HAVE to get this notarized.  It will not work otherwise.  But guess where there are always notaries - banks - especially your new one.  2. Make sure all your automatic payments and things attached to that old account have been switched or cancelled first.  3. Don't leave too much money in there or there is a slim chance they might call you, and you'll have to deal with that nonsense.  Just leave a nominal amount like $10 and they'll just do it to get it over with.  4. Keep a copy.  Just in case.   I have been using this letter for my entire career in banking (a little over 10 years) and it has worked EVERY SINGLE TIME.   Enjoy!"}
{"text": " \"I mean that is disjointed, are you implying the financial collapse of Hoover and Coolidge was the result of government entitlement programs and that the New Deal was other than that? You've got things reversed, the stock market collapse was financial deregulation and speculation with hands off free market principals you seem to root for. The New Deal and Truman Doctrine expanded entitlements and have avenues for access to education, trade skills, work digging and filling holes, publicly funded infrastructure and technology. Truman in fact wanted a single payer system. \"\"Concrete\"\" economics work, the hand of the free market cannot fill the void left by withdrawal of public funding.\""}
{"text": " This guy is doing you a *huge* favor by taking his time out to talk to you. These people are under enormous time constraints and you need to act accordingly. Don't babble on about what you're doing as an intern; the company could have hundreds of interns doing this exact same thing, and it's probably boring as hell.   Focus on asking high level questions about his career, his lessons learned, and his vision for the company. This man is going to be a treasure trove of advice and knowledge. Don't waste it talking about the LBO model you cranked out last week."}
{"text": " If you are able to buy a 150K home for 50K now that would be a good deal!  However, you can't you have to borrow 100K in order to make this deal happen.  This dramatically increases the risk of any investment, and I would no longer classify it as passive income.   The mortgage on a 150K place would be about 710/month (30 year fixed).  Reasonably I would expect no more than 1200/month in rent, or 14,400.  A good rule of thumb is to assume that half of rental revenue can be counted as profit before debt service.  So in your case 7200, but you would have a mortgage payment of 473/month.  Leaving you a profit of 1524 after debt service.  This is suspiciously like 2K per year.  Things, in the financial world, tend to move toward an equilibrium. The benefit of rental property you can make a lot more than the numbers suggest.  For example the home could increase in value, and you can have fewer than expected repairs.  So you have two ways to profit:  rental revenue and asset appreciation. However, you said that you needed passive income.  What happens if you have a vacancy or the tenant does not pay?  What happens if you have greater than expected repairs?  What happens if you get a fine from the HOA or a special assessment?  Not only will you have dip into your pocket to cover the payment, you might also have to dip into your pocket to cover the actual event! In a way this would be no different than if you borrowed 100K to buy dividend paying stocks.  If the fund/company does not pay out that month you would still have to make the loan payment.  Where does the money come from?  Your pocket.  At least dividend paying companies don't collect money from their shareholders. Yes you can make more money, but you can also lose more.  Leverage is a two edged sword and rental properties can be great if you are financial able to absorb the shocks that are normal with ownership."}
{"text": " I don't believe most do it on purpose. Its a function of two things.  1) Markets are relatively efficient, so generating profits off of publicly available information is rare.  2) Analysts cannot ethically nor legally make  recommendation based on material non-public information.  That leaves them with using public information and building out s model to estimate earnings and therefore share price as best as possible. The problem is that estimating earnings is notoriously difficult. Every model is subject to garbage-in-garbage-out. All analysts start with some of the same basic assumptions and then tweak them based on their best guess. Take enough analysts and you've now replicated roughly what all investors are doing in the marketplace, meaning as a whole analysts won't be more accurate than the market.  The only way to generate above market returns is for you to consistently pick the analyst with the right recommendation. If only it were so easy...  Furthermore, analysts tend to make similar recommendations due to biases. Their initial model may have said 'buy' for GE, but they realize no other analysts have a buy rating on the stock. They're more likely to go back and revise their guesses to something more inline with their peers - its less risky to be with the crowd!  TL;DR  Security selection is hard and outperformance without MNP is unlikely over the long term.  I am no longer in the industry. After 2.5yrs as an analyst and going through the CFA curriculum I've learned that there are VERY few opportunities for out performance, especially so on a risk adjusted basis."}
{"text": " The only way this suggestion works is if you can realize a higher rate of return on the investment than the payoff of the loan.  There's no guarantee of that, so it can be a risky strategy from the standpoint that you'll end up paying more for the car when all is said and done."}
{"text": " That has nothing to do with my statement. My point is that the moves in Bitcoin value are not even *discussed* in the same way as other currencies.   When the Japanese yen rises in value, everyone realizes there is simultaneously a fall in some other currency or currencies. And you can look at the other cross-currency prices to see what the real story is. A huge rise in Bitcoin means there is a huge drop in the U.S. dollar value, but that is not matched by any other dollar valuation."}
{"text": " Declare it illegal, and make it a crime to exchange it for legal currency.  That may not kill bitcoin itself, but if you can't exchange it for dollars it's useless.  If you don't think they can just ban whatever they want, read up on online poker in the US."}
{"text": " At a risk of stating the obvious: a passive portfolio doesn't try to speculate on such matters."}
{"text": " \"It's likely that the main reason is the additional currency risk for non-USD investments. A wider diversification in general lowers risk, but that has to be balanced by the risk incurred when investing abroad.  This implies that the key factor isn't so much the country of residence,  but the currency of the listing. Euro funds can invest across the whole Euro zone. Things become more complex when you consider countries whose currency is less trusted and whose economy is less diversified. In those cases, the \"\"currency risk\"\"  may be more due to the national currency, which justifies a more global investment strategy.\""}
{"text": " \"As ApplePie discusses, \"\"tax bracket\"\" without any modifiers refers to a single jurisdiction's marginal tax rate.  In your case, this is either your California's \"\"tax bracket\"\" or your Federal \"\"tax bracket\"\" (not including marginal Social Security and Medicare taxes).  But if someone says \"\"combined state and federal tax bracket\"\", they probably mean the combination of your state and federal income tax brackets (again, lot including sales taxes, business and occupational taxes, social security taxes, and medicare taxes).  The math to combine the state and federal marginal tax rates is a bit tricky, because most people can deduct either their state and local income taxes, or their state and local general sales taxes when computing their income for federal income tax purposes.  (The federal \"\"alternative minimum tax\"\" restricts this deduction for some people.) For a single person earning $ 100,000 of salaries and wages in California, whose state income taxes are close to their standard deduction, the calculations for the combined marginal income tax rate look something like this: As mentioned above, this understates the tax bite on marginal \"\"earned income\"\".  To find the true marginal rate, we need to add in Social Security taxes, Medicare taxes, sales taxes, and business & occupation taxes.  The Social Security and Medicare taxes are sometimes called \"\"self employment taxes\"\".  This math omits unemployment insurance and workers' compensation insurance, because those taxes are typically capped well below $ 100,000 per year of income.  This math also omits B & O taxes, because this question is California specific. If an employer wishes to increase an employee's pay by $ 1,076.50, the first $ 76.50 will go to the employer's share of Social Security and Medicare taxes.  The remaining $ 1,000.00 will be subject to the combined marginal income tax rate discussed above, plus will have $ 76.50 go to the employee's share of Social Security and Medicare taxes.  The employee might buy some extra things with some of their extra money, and pay sales tax on them. In 2016, a 9 % sales tax rate was common in California's largest cities. The IRS estimated that (for a single person with no dependents making $ 100,000 per year who did not buy a boat, RV, motor vehicle, or major home construction), about 9 % of their marginal gross income was subject to sales tax.\""}
{"text": " The simplest way to consolidate the funds your old 401(k) plans is by doing what's called a Direct Rollover (whereby the funds go directly into the new plan and skips you completely) from each of the old plans into either an IRA that you establish with a provider of your choice or even into your current employer's 401(k) plan if that is available. That way, the funds are in one central account and available to invest. Plus it eliminates the mandatory 20% withholding if the rollover is indirect and is sent to you first before the deposit into the new plan. It is important to bear in mind that you have 60 calendar days from the date of distribution to get the full amount into the new plan and a rollover is considered a tax reportable, but not necessarily a taxable event provided you deposit the funds within the time frame allotted."}
{"text": " The requirement is to report the highest balance on the account, it has nothing to do with your income."}
{"text": " One implication is the added fees if you are investing in something with a trading cost or commission, such as your stock purchase. If you pay low costs to trade (e.g. with a discount broker) and don't switch your investments often, then costs overall should remain reasonable .. but always be aware of your costs and seek to minimize them."}
{"text": " So what? Everybody knows that labor statistics go well beyond a single metric (funny how the article ends up focusing only on one). The US Bureau of Labor statistics already provides different measurements of unemployment.  The 23.3% figure comes from shadowstats, which is well know to be entirely bullshit."}
{"text": " Fair point, but I'd submit to you that the European system has demonstrated its flaws. You claim it is better than the U.S. system, which in terms of ease, quality or value, is probably the case.   But, the unsustainable costs in the Eurozone are driven by healthcare and entitlement programs, similar to the U.S. and other developed nations. What happens when Greece, Italy, Spain and Portugal are forced to default or leave the Euro? Do you think the healthcare quality, ease and value will remain as it has been?"}
{"text": " Costco only builds in areas with enough people that have a high enough average income, disposable income and other demographics. If the poor side of KC still meets those requirements, or is close enough to those areas, they will still build there. For example the location they are putting up in the Quad Cities is not right next to the richest area, but close enough.  Try to find a Costco in Western Illinois, or Iowa, as there are two right now.  https://www.google.com/maps/search/Costco/@41.6732793,-90.7208837,7.75z  Walmart has 61 stores in Iowa according to their store search. They have about 100,000 items per store, Costco has 4000.   https://www.cnbc.com/id/47175492  https://www.forbes.com/sites/greatspeculations/2017/02/06/the-key-difference-between-costco-and-walmart/#66036dcb4306  http://www.thedailybeast.com/why-cant-walmart-be-more-like-costco  Different business models mean different strategies, including pay."}
{"text": " I wrote a detailed answer about variable annuities on another question, but I want to include one specific situation where a variable annuity may be the right course of action. (For the sake of simplicity, I'm quoting directly from that answer): Three-quarters of US states protect variable annuity assets from creditors. Regular IRA's don't benefit from protection under the Employee Retirement Income Security Act (ERISA) and may therefore be more vulnerable to creditors. If you're a potential target for lawsuits, e.g. a doctor worried about medical malpractice suits, variable annuities may be an option for you. As always, you should consult a legal/tax professional to see if this might be a good option for you to consider. The SEC also has a fantastic publication on variable annuities that provides a great deal of information. It's not directly related to this question because it doesn't necessarily focus on the circumstances in which they might be a good fit for you, but it's educational nevertheless and should give you more than enough information to properly evaluate any policy you're looking to buy."}
{"text": " I quit the company during the Nadella transition.  I was a Site Reliability Engineer, and my entire discipline was gutted and tossed at the company, as were the testers. Maybe it's been good for consumers, but the way it was handled internally, with an indefinite stream of reorganizations and middle management competition, just made it a terrible place to work.  When I left, I had been through 9-10 reorganizations in as many months. Every time I'd get a project or a service to work on, we'd get moved. Most of my coworkers left for Amazon, some left the field entirely. I hope it's better now, nobody deserves that.  Windows Server 2016 was one of the worst builds I've ever worked with, and I have been really happy to stop supporting the OS entirely. The docker gaps in particular in the windows ecosystem seem pretty significant, and languages that don't run on Linux seem antiquated and useless because of pressures from cloud platforms."}
{"text": " I don't at all agree that it violates Square terms of service.  But having said that, it's a bloody expensive way to do things.  Square charges beaucoup fees, that more than obliterate any kind of points you might earn. Only for emergencies, should one do this."}
{"text": " \"You come off as a douchebag when you start a post, but I hadn't heard of duress in contract law. Does this apply to your average dental patient looking for a cleanup? There are other dentists and he didn't make any threats for them to sign the contact.  I knew vaguely of the concept of duress, and was implicitly ignoring that. I meant contracts for goods or services of an \"\"everyday\"\" nature.  But if you were making fun of me for being a kid or being naive or my lack of knowledge of the law, it came off like you were a total dick.\""}
{"text": " [I appreciate the attitude that you wrote back in, seriously!]  Look I'm not against some form of help if they are working 60-85+ hours a week (we can discuss exactly what should be done).   However my whole issue is that this women has been working at a minimum wage job for a long time (I forgot the exact number). Why isn't she trying to advance away from that? (Maybe she is, but the article didn't talk about that).  Look I know it's tough, living in the Greater Seattle Area is very expensive and it's hard. But I'd not only do what I have to to support my family (which she is trying wry hard to do, props for her), but I'd also try to educate myself (not talking university) and try to develop/enhance my abilities so they are attractive to employers. She has tons of years of experience, why not try to move up in management?"}
{"text": " \"You withdrew the 'cash' portion, and will pay tax on it. How was the check \"\"another for move remaining to B\"\" issued? Was it payable to you? If so, it's too late, it's your money and the whole account was cashed out.  If it was payable to B, you should have had it sent directly to their custodian, are you saying you still have that check? You might need to ask A to reissue the check to you, since you are no longer in the US. I'm not sure if you can roll it to an IRA at this point.\""}
{"text": " I would agree this is probably a battery factory.   Tesla gets much of its battery components from the Congo where women and children work in mines for pennies a day. They develop iron lung because there\u2019s no ventilation.   Then the minerals are processed in China. By doing so, Tesla is abstracted from any of the unethical practices going on in the Congo and pretends they know nothing about the hellish conditions.  https://www.amnesty.org/en/latest/news/2016/01/Child-labour-behind-smart-phone-and-electric-car-batteries/"}
{"text": " That's technically true but there will still be a max level they can hit before the signal clips. Part of why commercials are so jarring is because they are heavily compressed (eliminating those peaks and  valleys and basically making the entire commercial blare at just below the max volume) vs a movie or tv show that would use more dynamic range of volume levels."}
{"text": " \"When you buy a put on a stock, you buy the right to sell the stock at fixed price, F, that his usually different from the market price, M. You paid a price, P, for the put.  Your potential profit, going forward, is represented by the DIFFERENCE you get to collect between your fixed price F, and that market price M, plus the price you paid for the put, or F-(M+P). (This assumes that F>(M+P). P is fixed, but the smaller M gets, the larger the term F-(M+P), and therefore the higher your potential profit from owning the put. So when M \"\"tanks,\"\" the put goes higher.  The $395 put is already in the money. If it were settled today, the value would be $395-$376 or $19. This, minus the cost of the put itself, represents your profit. The $365 put is \"\"out of the money.\"\" The stock has to fall $11 more before the put is exercised. But if the stock went down 8 points today, that is less than the $19 difference at the start of the day. Because there is time between now and October, there is a chance for the stock to go down further, thereby going into the money. The current value of the put is represented by this \"\"chance.\"\" Obviously, the chances of the stock going down $11 more (from today) is greater than the chance of it going down $19 more. On the other hand, the closer it gets to the expiration date, the less an out of the money put is worth. It's a race between the stock's fall, and the time to expiration.\""}
{"text": " Unless you have insider information (ILLEGAL!!!) don't go high risk over this time frame.  It makes about as much sense as betting on the horses. Stick it in a 3 or 6 month GIC at the pathetic rates the banks are giving."}
{"text": " An instant 15% profit sounds good to me, so you can't go wrong selling as soon as you are able. Here are a couple other considerations: Tax implications: When you sell the stock, you have to pay taxes on the profit (including that 15% discount). The tax rate you pay is based on how long you wait to sell it. If you wait a certain amount of time (usually 2 years, but it will depend on your specific tax codes) before you sell, you could be subject to lower tax rates on that profit. See here for a more detailed description. This might only apply if you're in the US. Since you work for the company, you may be privy to a bit more information about how the company is run and how likely it is to grow. As such, if you feel like the company is headed in the right direction, you may want to hold on the the stock for a while.  I am generally wary of being significantly invested in the company you work for. If the company goes south, then the stock price will obviously drop, but you'll also be at risk to be laid off. As such you're exposed much more risk than investing in other companies. This is a good argument to sell the stock and take the 15% profit.*  * - I realize your question wasn't really about whether to sell the stock, but more for when, but I felt this was relevant nonetheless."}
{"text": " \"I have some money invested on Merrill Edge. 2 days ago I purchased some mutual funds with most of the rest of my money in my account. I logged in today to see how it did, and noticed that there are 3 sections: Priced Investments, Cash &amp; Money Accounts, and Pending Activity. In the Cash &amp; Money section, there shows a negative balance of Cash (let's say -$1,000) and a positive \"\"Money Account Value\"\" (let's say +$1,100).  The \"\"Money Account\"\" appears to be made up of $1 shares of something called \"\"ML Direct Deposit Program\"\". However, even though the mutual fund purchase was made 2 days ago, and the shares of the mutual funds are officially in my account, I'm still showing all of my \"\"Money Account\"\" shares ($1000). The balance sheet effectively makes it look like I somehow needed to have \"\"sold\"\" back my money account shares, converted them to cash, and then bought the funds. I'm hoping that isn't the case, and for some reason, there is a multiday lag between me buying stock and money getting deducted from my \"\"Money Account\"\". Hope that all makes sense.  TLDR: what's the diff between a Cash account and Money Account that's filled with shares of \"\" ML Direct Deposit Program\"\"?  Edit: Today the cash and money account offset by equal values equal to one of my mutual fund purchases.\""}
{"text": " whether the consecutive wins have any statistical significance could yield a whole reddit thread imho (same with MaxDD). if you bootstrap your OS results, or just randomize them, the observed out of sample MaxDD or the Max consecutive wins could be very different from what you experience in real life...maybe we should work on some particular algo examples... test them out here, compare and criticize.  scoring/utility functions are an interesting thread as well."}
{"text": " \"The only thing I do not like about USPS is how so many customers complain complain and complain endlessly.  \"\"line is too long\"\"  \"\"why are costs going up\"\" blah blah blah.  if you dont fucking like USPS go over to FEDEX and pay 3 times more assholes.  fucking people just wanna fucking complain complain complain!\""}
{"text": " Why the fuck would someone ever, in a million years, go to a place like BWW to watch a sporting event?  I'm trying really hard and failing to come up with a reason for it.  I know sports bars are a thing, and plenty apparently do okay, but BWW is setup such that you may or may not be able to see a screen and the sit down service means you can't really just park yourself there for a 3+ hour game.  It seems like they have a sports bar theme, but you can't legit use it like a sports bar."}
{"text": " They're still behind on Model 3 numbers. China would be about taking all the money they've hemoraged to get where they are here and duplicate it over there, so while it's possibly a wildly lucrative market, it won't be for quite some time and after a lot more spending. They just trimmed the fat on their workforce, which is probably a good move, but so many at once says that they needed to cut spending.   Once the 3 is cranking out faster and AP2.5 is getting updates, the stock will probably make a good run, but for now it's going to flounder about close to where it is."}
{"text": " You will have to write it off as an offset of capital gains or as bad debt against personal income, limited to $3k/ yr. Write off 3k this year, 2k next. Here's the tax code, you'll need to file a form 8949, link below. https://www.irs.gov/taxtopics/tc450/tc453 So, this requires that it is a loan, acknowledged by both you and the borrower, with terms of repayment and stated interest, as well as wording for late payments and time for delinquency.  The loan document doesn't have to be fancy, but it must show a reasonable intention of repayment to distinguish it from a gift.  Then send out a 1099c for cancellation of debt. This is a starting point, it's a good idea to run everything by your tax processional to make sure you're meeting the requirements for bad debt with your contact and payment communication."}
{"text": " \"On a side note, was CNN always this sensationalist? The headline makes a bold statement, which is then pretty much invalidated right in the first paragraph of the article.  I have neither watched nor read CNN a whole lot, but I used to respect them. Until this year, when their reporting on various issues (Fukushima, the Arab spring, recently the Moscow protests) have caused me to put them in the \"\"do not trust under any circumstances\"\" category. Is CNN becoming a less funny version of the Onion?\""}
{"text": " This thing actually does exist (in a slightly different form): https://turo.com/  I used to rent out my car that way, but people seem to expect that you're a rental car company, when you aren't. It's annoying to have your car left particularly dirty or broken."}
{"text": " \"The second part of your question is the easiest to answer, how much manual work is involved in settlement processes? Payment systems which handle low value (i.e. high volume) transactions work on the basis of net settlement. Each of the individual payments are netted across all of the participant banks, so that only one \"\"real\"\" payment is made by each bank. Some days banks will receive money, others they will pay money. This is arbitrary and depends on whether their outbound payments exceed their inbound payments for that day.   The payment system will notify each Bank how much it owes/will receive for the day. The money is then transferred between all of the banks simultaneously by the payment system to remove the risk that some pay and others don't. If you're going to make or receive a very large payment, you're going to want to make certain that its correct. This means that if there's a discrepancy, you need operations people available to find out why its wrong.   When dealing with this many payments, answering that question can be hard. Did we miss a payment? Is there a duplicate? Etc.  The vast majority of payments will process without any human involvement, but to make the process work, you always need human brains there to fix problems that occur. This brings me to your first question. On every day that settlement happens, a bank will receive (or pay) a very large sum of money. As a settlement bank you must settle that money - the guarantee that every bank will pay is one of the main reasons these systems exist. For settlement to happen, every bank has to agree to participate, and be ready to verify the data on their side and deliver the funds from their account. So there is no particular reason that this doesn't happen on weekends and holidays other than history. But for any payment system to change, it would require the support of (at least) a majority of participants to pay staff to manage the settlement process on weekends. This would increase costs for banks, but the benefits would only really be for you and me (if at all). That means it's unlikely to happen unless a government forces the issue.\""}
{"text": " Pool Maintenance Avalon NJ - We strive to provide all our customers with the most reasonable prices and get our jobs done as scheduled, which is why we have so many referrals. PM Pools will build you a swimming pool that you and your family will be satisfied with for years to come."}
{"text": " I doubt they can create enough renewable energy to sustain their current spending and GDP levels. So in my opinion, I see even more unrest in the Middle East as the world transitions away from crude oil based fuels."}
{"text": " \"In the United States, the Fair Credit Reporting Act allows companies to buy your credit information for \"\"legitimate business needs.\"\" The legitimate use of credit scores and credit reporting varies state to state, but like it or not, you can expect a lot more non-lending use of your credit information in the future. Companies and individuals use credit reports as an assessment of general behavior because, unfortunately, they work. You've seen the disclaimers about \"\"past performance\u2026\"\", but unfortunately in this case\u2026 past performance really has been shown to be a pretty reliable indicator of future behavior. So\u2026\""}
{"text": " You're right, but you also probably know a lot about technology. You are in the minority when it comes to the average e-book user. Most people don't know how to do anything else on an e-book reader other than read e-books."}
{"text": " &gt; In Europe we act as if workers are people not a commodity to be prices as low as possible.  It works both ways. Regulating workers wages can decrease the number of small companies starting up. This is because entrepreneurs starting up might not be starting off with many millions in the bank so they may be fearful of paying too much. Same goes for job security. Regulation and wage minima are generally bad for small innovative companies and not so bad for big established firms who just want to protect their market share (and for whom compliance costs peanuts as a percentage of their revenue).   My two cents on this are: Much better to create a redistributive system whereby the state pays everybody a basic level of income. Then the market can be freed up and people's entrepreneurship can be fully leveraged."}
{"text": " Key point here is to remember that GBP isnt falling a lot, it has fallen a lot already.  If you havent liquidated your position in pounds by now at a higher rate I would personally not bother switching to another currency right now.  The pound is near its 10 year low(nearing 2008 capital 'C' Crisis levels) and despite what fear mongers may short the market for, the sun will shine after Brexit as well. Britain has a solid economy and that hasnt fundamentally changed, so even if the pound hasnt seen the absolute periodic lowest point yet(which may still come as brexit talks become more prevalent/near their end), it will eventually pull back up.  In essence, you have more to lose acting in panic now than waiting to exchange for a better than today's rate at some point until the eventual Brexit(probably in March 2019) or at any point afterwards(if you wont be needing those savings when you move)."}
{"text": " I wondered about this problem too, so I looked into the maths and made this app :- http://demonstrations.wolfram.com/BuyOrRentInvestmentReturnCalculator/ (It uses the free Wolfram computable-document format (CDF) Player.) If you try it out you can see what conditions favour renting vs buying.  My own conclusion was to aim to buy a property outright upon reaching retirement age, if not sooner. Example This example compares buying a \u00a3400,000 house with renting for \u00a31,000 a month while depositing equivalent amounts (in savings) to total the same monthly outgoings as the buyer.  Mortgage rate, deposit rate, property appreciation and rent inflation can be variously specified.  The example mortgage term is 20 years.  As you can see the buyer and renter come out about even after the mortgage term, but the buyer comes off better after that, (having no more mortgage to pay).  Of course, the rent to live in a \u00a3400,000 house would probably be more than \u00a31,000 but this case shows an equivalence point."}
{"text": " Other answers here explain very well the intent of your question. However, a word should be said about why people make different choices at all. So to directly answer your question, yes there is a theory but it does not say inaction is worse/better and instead explains why different people make different choices and how this information can be used to construct optimal portfolios for a specific individual. And that theory is called the Risk Aversion Theory. You can visit the following URLs to discover more about this theory:"}
{"text": " Sorry to necro this thread but you were totally right - I found this study that confirms buying puts loses money at a faster rate than is predicted by CAPM. Conversely, writing puts earns superior risk-adjusted returns compared to the market portfolio. The study is about writing straddles but it's a similar concept. I'm just posting here in case someone searches this thread in 6 months https://deepblue.lib.umich.edu/bitstream/handle/2027.42/74142/0022-1082.00352.pdf?sequence=1"}
{"text": " You left out the part where I said cities use it as a source of revenue, meaning there are two factors at play. The city limiting the number of medallions drives up their auction price because there's high demand and the cab companies trying to extract enough profit from the medallion to be worth it. The city decides how many medallions to release, just like in NYC they auction off permits for hot dog vendors which are ironically similarly priced. Imagine for a moment they gave vendor licenses to everyone who wanted to open a stand in central park, you wouldn't even be able to see the park.  I wouldn't really say it's fair to call it a stranglehold, more of wringing the last drop out of washcloth because you're dying of thirst.  Personally, I think the medallion model is bullshit. In that sense, I'm all for a *regulated* free market, where supply and demand find an equilibrium within the rules. In reality, you only find the medallion model in large markets which isn't really representative of the taxi industry as a whole."}
{"text": " .INX (the S&P 500 index itself) does not include reinvested dividens.  You can figure total return by going to Yahoo finance, historical data. Choose the start year, and end year. You should find that data for SPY (going back to 1993) will show an adjusted close, and takes dividends into account. This isn't perfect as SPY has a .09% expense ratio, but it's better than just the S&P index. One of the more popular Dow ETF is DIA, this will let you similarly track the Dow while accounting for dividends."}
{"text": " This.  If the dollar wasn't the reserve currency we'd probably be in inflation hell, but it's undeniable that QE had a positive (and yes, somewhat superficial) impact. As another commenter in this thread alluded it's poor policy to continually kick the can down the road via another government put, but it's worse policy to let an entire class get economically crippled worse than what happened."}
{"text": " Price in the US are more expensive than Germany when you include tax and when you take into account paying the same in pounds versus kilos. Bread is not even a fair fight since the price is jacked up in the states. Germany has great bread at very reasonable prices."}
{"text": " gnasher729's answer is fundamentally correct and deserves the checkmark, but I'd like to give an economic explanation for how this economically functions. The key point from gnasher729's answer's that the interest rate is 49.9% for one company. While this may be much higher than the equilibrium rate, the true market interest rate, it is not completely unreasonable because of the risk. For credit to be continually produced, default risk must be compensated because this is a cost to the lender.  Most are not in business to lose money, so making loans to borrowers that default 40% of the time would make this interest rate reasonable. For UK citizens, this would not be such a problem because the lender can usually pursue the borrower for the balance, but if the borrower can disavow the loan and leave the legal reach of the UK creditors, the collection rate is 0%. The guarantee by the foreign persons not present in the UK is incidental and probably more of a regulatory requirement since the inability to collect from them is just as unlikely. One should always look for the lowest price with at least minimum quality when shopping for anything, but you are right to be apprehensive legally.  Read every line and be sure that you yourself understand every clause before signing. If alternative cheaper financing is available, it is probably superior."}
{"text": " \"A multiplex is a concession stand which happens to show movies in order to lure you into range of the smell of their popcorn. It has nothing to do with movie theater monopolies.  As it was explained to me by my manager, back when I worked in a movie theater in a small Midwestern chain, for every movie, the studios take some percentage cut of gross ticket sales, varying from movie to movie.  Star Wars: The Phantom Menace in 1999 was the first film for which the studio demanded 90% of gross ticket price \u2014 continuing a long-standing trend of raising the take which possibly began with the original first Star Wars movie.  The other studios quickly followed suit and raised their take to 90%, especially for the big blockbusters \u2014 the textbook term is \"\"oligopoly pricing\"\" \u2014 and since then the percentage has inched ever closer to 100%.  I forget exactly what it was on the second Matrix movie or Lord of the Rings: Return of the King, both of which premiered while I was at the theater, but the number that sticks in my head is 94%.  Obviously the studios can't directly capture any revenue from the sale of popcorn \u2014 unlike the movie, it's not their product \u2014 so every time they raise their take, the theater compensates for lost revenue by raising the price of popcorn. This trend hasn't reversed with 3D and IMAX and all the new technologies coming down the pike.  The only reason they're attractive to the theaters is that the theater can charge $15 a ticket rather than $10.  Even on a small percentage share, that's a 50% jump in revenue, and covers the not insignificant cost of the projection equipment.  3D is also currently getting more butts in seats than 2D was, leading to somewhat more concessions sales \u2014 going to the movies is an outing and an event again \u2014 though that's tapering off as it becomes less and less of a novelty.  The ticket prices aren't coming down, though. Moral of the story: like razors or printers, theaters lose a ton of money to show you movies due to studio oligopoly pricing, and make it up on popcorn.\""}
{"text": " Sorry for this late reply.  I currently live in Iceland (I am a United Statesian). People here told me they thought checks were just something that were in movies. I was amazed by this. So here are some reasons that I see to being why it works still in the usa. 1. Social Security system. Most Euro, Nordic countries have their lives, bank accounts, ect tied to their 'Social Security' number and that number is not top secret like it is in the USA. In fact here in Iceland you throw your number around to anyone who wants it because they cant do anything with it but pay you money really. 2. Banks. In the USA there are millions, MILLIONS of small town banks. That means that doing direct deposits or transfers is much much harder to achieve. Example: Iceland has two banks. The most common way of loaning a friend money or paying for that hotel room if you forgot to bring cash or your card is to say 'Give me your SSN and I will transfer to you'. It takes about 30 seconds to do a funds transfer. In the USA you can't do that. They would think you are lying or not want to give they bank info or because of the fees from small town banks it would be pointless. Also a lot of these small banks will not accept direct deposit (I had a bank growing up that still does not) These are some of the main reasons that I think cause the flow of checks in the usa."}
{"text": " Then why do countries with single payer health plans see the cost for medical services increase beyond the rate of inflation every year?   [Seriously, just look at these numbers.](http://www.towerswatson.com/assets/pdf/3585/Towers-Watson-Global-Medical-Trends-Svy-Rpt.pdf)  It doesn't matter that they spend less of apercent of GDP on health care than us, because the net effect of thier models cause cost inflation that increases that percentage, just like ours. You could transplant thier model to the US and still see the same upward momentum. It is mathematically unsustainable."}
{"text": " Burger.   King.   Fans.  What the fuck. I thought people only ate that garbage out of desperation of sheer laziness. I never would have guessed anyone actually considered themselves a fan, much less had anything less than mild queasiness."}
{"text": " \"The statistics are misleading. The German autoworkers do not \"\"make\"\" $67/hour, that is basically a $140k job! Back in 2009, some sensationalist articles said that the average UAW worker \"\"made\"\" $75/hr sitting in the jobs bank. That is taking the total labor cost and dividing it by the number of existing employees. The most obvious example of why this number is so lopsided is through health care benefits and pensions. You get the illusion that the auto worker gets paid very high when labor cost per employee is very high, but the labor cost actually includes the current worker's cost as well as some past worker's costs, so it gets double counted.  So yes, GM went bankrupt because labor costs were $75/hr. No, the UAW auto worker did not make $75 per hour. And yes, labor costs for the German workforce is a lot higher than the US workforce. But no, they don't actually get paid 2-3x more.\""}
{"text": " And that is only if you start at Full Time, which is next to impossible. In a lot of cases, it can take employees 5-10 years to even get in a full time spot, especially in an older store where nobody leaves."}
{"text": " \"You can't short a stock unless there is someone willing and able to \"\"lend\"\" shares to you. And there are several reasons why that might not be the case. First, BSFT is a \"\"new\"\" stock, which means that NO ONE has held it very long. It's much easier to short IBM or Exxon Mobil, where there are some long-term holders who would like to earn a little extra money lending you THEIR shares. But if \"\"everyone\"\" involved is busy buying or selling the stock, there won't be many people to lend it. That's not manipulation, that's just the market. Another reason may be a large \"\"short\"\" interest. That is many OTHERS have shorted it before you. That's dangerous for you, because if some lenders want to pull their shares off the market, they can cause a \"\"short squeeze\"\" that will drive the price much higher.  And stock shortages can be orchestrated by the company or large investors to artificially drive the price higher. Unless you have a lot of experience, don't try shorting small cap stocks. Try to gain some experience with large caps like IBM or Exxon Mobil first. Those are stocks that people at least can't \"\"play games\"\" with. YOu will win or lose based on the market itself.\""}
{"text": " \"I think the \"\"right\"\" way to approach this is for your personal books and your business's books to be completely separate. You would need to really think of them as separate things, such that rather than being disappointed that there's no \"\"cross transactions\"\" between files, you think of it as \"\"In my personal account I invested in a new business like any other investment\"\" with a transfer from your personal account to a Stock or other investment account in your company, and \"\"This business received some additional capital\"\" which one handles with a transfer (probably from Equity) to its checking account or the like. Yes, you don't get the built-in checks that you entered the same dollar amount in each, but (1) you need to reconcile your books against reality anyway occasionally, so errors should get caught, and (2) the transactions really are separate things from each entity's perspective. The main way to \"\"hack it\"\" would be to have separate top-level placeholder accounts for the business's Equity, Income, Expenses, and Assets/Liabilities. That is, your top-level accounts would be \"\"Personal Equity\"\", \"\"Business Equity\"\", \"\"Personal Income\"\", \"\"Business Income\"\", and so on. You can combine Assets and Liabilities within a single top-level account if you want, which may help you with that \"\"outlook of my business value\"\" you're looking for. (In fact, in my personal books, I have in the \"\"Current Assets\"\" account both normal things like my Checking account, but also my credit cards, because once I spend the money on my credit card I want to think of the money as being gone, since it is. Obviously this isn't \"\"standard accounting\"\" in any way, but it works well for what I use it for.) You could also just have within each \"\"normal\"\" top-level placeholder account, a placeholder account for both \"\"Personal\"\" and \"\"My Business\"\", to at least have a consistent structure. Depending on how your business is getting taxed in your jurisdiction, this may even be closer to how your taxing authorities treat things (if, for instance, the business income all goes on your personal tax return, but on a separate form). Regardless of how you set up the accounts, you can then create reports and filter them to include just that set of business accounts. I can see how just looking at the account list and transaction registers can be useful for many things, but the reporting does let you look at everything you need and handles much better when you want to look through a filter to just part of your financial picture. Once you set up the reporting (and you can report on lists of account balances, as well as transaction lists, and lots of other things), you can save them as Custom Reports, and then open them up whenever you want. You can even just leave a report tab (or several) open, and switch to it (refreshing it if needed) just like you might switch to the main Account List tab. I suspect once you got it set up and tried it for a while you'd find it quite satisfactory.\""}
{"text": " Not a good idea.  When you form a partnership with someone that creates a legal connection between you two.  What if he racks up $50,000 on the company credit card?  Do you want to be responsible for that debt?   A better way to do this would be to either charge your clients $X for IT work and pay him half of $X which would get you the same 50% or simply have him agree to share 50% of any income he gets from people referred by you.   This can be done in a simple contract or agreement without force you both into a partnership."}
{"text": " this is absolutely correct.Take the very simplest of fast food - Subway - and try to automate it.  You will get some sort of 3D printer type device.  It makes no sense.. there is no way it can work. There is no way you can deliver made-to-order food with a computer right now, not even close.   Also, ask yourself, do you want a robot-made pizza in an era of farm-to-table organic free-range etc?"}
{"text": " Sure, people should express dissent, but thoughtful dissent. It only takes a second to think about why your example doesn't hold water. By posting an alarmist unthoughtful comment, you cheapen the discussion and add no value, only noise. It's good to speak up, but think beforehand."}
{"text": " http://www.pacificrubiales.com/investor-relations/reports.html does have financial reports on their website for the example you list.  There is the potential for some data to not be easily imported into a format that Yahoo! Finance uses would be my guess for why some data may be missing though an alternative explanation for some companies would be that they may not have been around for a long enough time period to report this information,e.g. if the company is a spin-off of an existing company."}
{"text": " \"As you know, the market is in turmoil today. At this moment, 11:45 am, the S&P is down 2.3%, 45 points. But, premarket, it was down 100 points.  Now, premarket, I heard Jim Cramer say, \"\"today is not the day to use market orders.\"\" Yes, on Mad Money, he seems a bit eccentric, but he does offer some wise advice at times.  In my opinion, your stock had some people that did just that. A market order. And, regardless of the fundamentals of this company, buyers had no orders to buy. Except a couple wise guys (in both senses) that put in buys at crazy prices. And they filled. With an Apple, trading around $100, the book probably has millions of shares on order with a buy at $80 or higher. Just an example. I'd bet there were a number of stocks that had the profile of yours, i.e. a chart reflecting trades similar to a flash crash. There are some traders smiling ear to ear, and some crying in their beer.     (Note - I use the phrase \"\"in my opinion.\"\" This is the only explanation I can imagine. Occam's Razor.)\""}
{"text": " I was reading recently that of the top 10 closed-end funds with the highest premium to NAV like half of them were Pimco's. I also think its interesting and funny how Gross and El-Arian are basically espousing completely opposed viewpoints now when they go on shows."}
{"text": " As far as I know (I am not a tax professional or IFA!) there would be no tax implications or other burden on the recipient of the loan under UK law, even if it ended up being treated as a gift rather than a loan. There are no clauses about money being in the account for 90 days in UK housing transactions, however under money laundering rules your brother's solicitor might need sight of loan agreements to verify where the funds came from (I think it would depend on whether you paid the money to your brother direct, in which case there would be no problem, or if you paid it direct to the solicitor for the purchase). What Canadian law might say about capital gains / inheritance tax (if the Canadian IRS did decide the loan counted as a gift) I have no idea."}
{"text": " Well underwater means their property has lost value, so by definition its not their fault.   Neocons blame people who sign up for payments they cant afford which really is their own fault if they just didn't take into account the full term of their loan and just paid attention to the first months payment."}
{"text": " Situationally, deregulating things is shown to help. Uber broke the artificial markets for Taxis and both consumers and employees have benefitted. The reason why certain industries are regulated vary.   1. To foster and grow the industry.  2. To prevent monopolies from forming 3. For safety and consumer protection.   If we heavily deregulated the healthcare industry, prices would definitely fall but malpractice would rise.   On the otherhand, if we deregulated the insurance industry and broke the regional monopolies that exist, it would help the consumer without changing much (besides the profitability of insurance companies).   Its very situational."}
{"text": " \"Nope, it's just relevant to point out that no additional credentials are required when some dipshit claims that the requirements for a job are somehow much higher than they actually are. My brother got a job at Boeing 2 or 3 years after leaving high school. He never attended college, he had no additional certs (welding, machinist, etc). Same goes for all the other people I know that are working at Boeing, except they have varying levels of college education (with the commonality that none of them actually have even a 2 year degree completed). You are just completely full of shit.  But hey, don't take it from me. Take it from the requirements section of their job postings:  http://jobs-boeing.com/st-louis/entry-level/jobid5850922-maintenance-mechanic-jobs  I would love to know what possesses a person who clearly does not have the knowledge required for a conversation on a specific topic to enter it so passionately and to make such fraudulent claims. I mean, did you not do the 2 minutes of research necessary? Whatever the case, it sure makes statements like this more hilarious:  &gt;You know what the problem is with guys that \"\"started using a headhunter immediately after junior year ended\"\" is? They think they know about things they have no idea about.\""}
{"text": " You would be surprised how amazed people are when you can quickly make a pivot table and summarize their data in 15 seconds.  Same reaction with vlookup.  Also VBA is somewhat clunky but can be used effectively to automate repetitive Excel tasks or for creating formulas, loops, etc. that would be difficult to produce in Excel cells.  These sort of Excel tricks are good to know and utilize because the majority of people do not understand/want to understand so you would be in a good position to help"}
{"text": " \"When you invest in an S&P500 index fund that is priced in USD, the only major risk you bear is the risk associated with the equity that comprises the index, since both the equities and the index fund are priced in USD. The fund in your question, however, is priced in EUR. For a fund like this to match the performance of the S&P500, which is priced in USD, as closely as possible, it needs to hedge against fluctuations in the EUR/USD exchange rate. If the fund simply converted EUR to USD then invested in an S&P500 index fund priced in USD, the EUR-priced fund may fail to match the USD-priced fund because of exchange rate fluctuations. Here is a simple example demonstrating why hedging is necessary. I assumed the current value of the USD-priced S&P500 index fund is 1,600 USD/share. The exchange rate is 1.3 USD/EUR. If you purchase one share of this index using EUR, you would pay 1230.77 EUR/share:  If the S&P500 increases 10% to 1760 USD/share and the exchange rate remains unchanged, the value of the your investment in the EUR fund also increases by 10% (both sides of the equation are multiplied by 1.1):  However, the currency risk comes into play when the EUR/USD exchange rate changes. Take the 10% increase in the price of the USD index occurring in tandem with an appreciation of the EUR to 1.4 USD/EUR:  Although the USD-priced index gained 10%, the appreciation of the EUR means that the EUR value of your investment is almost unchanged from the first equation. For investments priced in EUR that invest in securities priced in USD, the presence of this additional currency risk mandates the use of a hedge if the indexes are going to track. The fund you linked to uses swap contracts, which I discuss in detail below, to hedge against fluctuations in the EUR/USD exchange rate. Since these derivatives aren't free, the cost of the hedge is included in the expenses of the fund and may result in differences between the S&P500 Index and the S&P 500 Euro Hedged Index.  Also, it's important to realize that any time you invest in securities that are priced in a different currency than your own, you take on currency risk whether or not the investments aim to track indexes. This holds true even for securities that trade on an exchange in your local currency, like ADR's or GDR's. I wrote an answer that goes through a simple example in a similar fashion to the one above in that context, so you can read that for more information on currency risk in that context.  There are several ways to investors, be they institutional or individual, can hedge against currency risk. iShares offers an ETF that tracks the S&P500 Euro Hedged Index and uses a over-the-counter currency swap contract called a month forward FX contract to hedge against the associated currency risk. In these contracts, two parties agree to swap some amount of one currency for another amount of another currency, at some time in the future. This allows both parties to effectively lock in an exchange rate for a given time period (a month in the case of the iShares ETF) and therefore protect themselves against exchange rate fluctuations in that period.  There are other forms of currency swaps, equity swaps, etc. that could be used to hedge against currency risk. In general, two parties agree to swap one quantity, like a EUR cash flow, payments of a fixed interest rate, etc. for another quantity, like a USD cash flow, payments based on a floating interest rate, etc. In many cases these are over-the-counter transactions, there isn't necessarily a standardized definition.  For example, if the European manager of a fund that tracks the S&P500 Euro Hedged Index is holding euros and wants to lock in an effective exchange rate of 1.4 USD/EUR (above the current exchange rate), he may find another party that is holding USD and wants to lock in the respective exchange rate of 0.71 EUR/USD. The other party could be an American fund manager that manages a USD-price fund that tracks the FTSE. By swapping USD and EUR, both parties can, at a price, lock in their desired exchange rates.  I want to clear up something else in your question too. It's not correct that the \"\"S&P 500 is completely unrelated to the Euro.\"\" Far from it. There are many cases in which the EUR/USD exchange rate and the level of the S&P500 index could be related. For example: Troublesome economic news in Europe could cause the euro to depreciate against the dollar as European investors flee to safety, e.g. invest in Treasury bills. However, this economic news could also cause US investors to feel that the global economy won't recover as soon as hoped, which could affect the S&P500.  If the euro appreciated against the dollar, for whatever reason, this could increase profits for US businesses that earn part of their profits in Europe. If a US company earns 1 million EUR and the exchange rate is 1.3 USD/EUR, the company earns 1.3 million USD. If the euro appreciates against the dollar to 1.4 USD/EUR in the next quarter and the company still earns 1 million EUR, they now earn 1.4 million USD. Even without additional sales, the US company earned a higher USD profit, which is reflected on their financial statements and could increase their share price (thus affecting the S&P500). Combining examples 1 and 2, if a US company earns some of its profits in Europe and a recession hits in the EU, two things could happen simultaneously. A) The company's sales decline as European consumers scale back their spending, and B) the euro depreciates against the dollar as European investors sell euros and invest in safer securities denominated in other currencies (USD or not). The company suffers a loss in profits both from decreased sales and the depreciation of the EUR.  There are many more factors that could lead to correlation between the euro and the S&P500, or more generally, the European and American economies. The balance of trade, investor and consumer confidence, exposure of banks in one region to sovereign debt in another, the spread of asset/mortgage-backed securities from US financial firms to European banks, companies, municipalities, etc. all play a role.  One example of this last point comes from this article, which includes an interesting line: Among the victims of America\u2019s subprime crisis are eight municipalities in Norway, which lost a total of $125 million through subprime mortgage-related investments. Long story short, these municipalities had mortgage-backed securities in their investment portfolios that were derived from, far down the line, subprime mortgages on US homes. I don't know the specific cities, but it really demonstrates how interconnected the world's economies are when an American family's payment on their subprime mortgage in, say, Chicago, can end up backing a derivative investment in the investment portfolio of, say, Hammerfest, Norway.\""}
{"text": " \"Why does it have to be a long shot?  We're pulling in the better part of $300k/yr on TIME TRACKING. Long shot? Methinks not. If you educate yourself about what people pay for, there's no reason it has to be a \"\"long shot\"\" to begin with.  I *hate* wasting my time for no reward.\""}
{"text": " If the only jobs you have around you are manual labor, dead-end employment where there are no skills to be garnered, if you have other options you will take them.   Your 55 year old former mill worker that is broke isn't going to retrain himself, nor does he have the money to move to an area with higher wages. At that point, going on disability until you get SS is probably your best bet. You see this play out in tons of small towns around the country"}
{"text": " Your prior earnings have absolutely no bearing on the taxes due on 401k disbursements.  Your 401k disbursements are considered income in the tax year in which they are received; whether or not you earn or otherwise acquire additional income.  There's no telling what tax brackets and rates will look like that far in the future.  But, if your total income including your 401k disbursements is $200,000 you'll likely owe more taxes than if your total was $30,000 including disbursements. I will say though, if you could choose to make $200,000 per year or $30,000 per year with all other factors being equal you choose $200,000 every time.  Even if you pay more in taxes, you will have more net income. Now, some pension plans will take in to account either your last year's income, or an average of some number of years income in determining your benefit amount.  That's a whole different discussion and will be specific to your pension plan."}
{"text": " No.   The US manufactures more goods than any other country, and only China is close. However, instead of making clothes, the US makes higher value items, like medical equipment. The impression that manufacturing is dead in the US is because of this, and because manufacturing has become highly automated, so there are far fewer manufacturing jobs than there were in the past."}
{"text": " The car has value, but it is still a depreciating asset. You're paying far more to rent a space to park the car than you are to own and drive it if you look beyond the initial term of your loan. You could buy a space to keep the car, but at $225,000 for a permanent spot, renting is a much better deal. Would you travel home as frequently if you didn't have the fixed cost of a parking space rental giving you incentive to make the most of the car since you're paying for it either way? My additional question is whether the freedom to travel home on a whim is worth more than the financial freedom you would gain by investing the money for the long term. I don't think it's irresponsible if the short term freedom contributes significantly to your sense of well-being, but even if it isn't entirely sunk cost, the majority of it is.  The only way you can really know whether it's worth it to you would be to park the car at home for a month or two to see if you can live without it. Fortunately you don't lose much money in this experiment, since you're only paying 1.9% interest."}
{"text": " No one is protesting BK either.   I used to work at BK. The customers are:  Groups of teenage boys People with demanding, manual labor jobs (probably the only way to get enough calories for that kind of work -- none of them were fat) Families with little or no English, or where the kids speak English and order for the parents. Obese people  I don't really see how any substantial segment of any of these people is really going to care about protesting BK's tax stuff, or even be aware of it."}
{"text": " Checks are on the way out. The liability for even sending someone a check is worrying. Banks really do not look at these things very closely before cashing them, it's insane. If you're defrauded you will usually get restitution but it can take a long time to get them to pay up."}
{"text": " Smallest risk of default would depend on where Alice and Bob live I suppose, but lets assume they are in a lower yielding nation where default is not a big concern.  Remember for instance that Greece was a lower yielding nation at one point and that the US has defaulted before. Let's start with Bob because he is easier to analyze.  Yield curves inversions generally pre-date recessions which is generally not so good for Bob as rates tend to drop during recessions and he will be at the short end of the curve so his bonds will be less sensitive.  However, he will generally get higher yields in good times to make up for this, but these higher yields come with a price in that he is generally much more sensitive to yield changes and can get much larger swings in portfolio value. First off as JB mentioned Alice would likely own inflation-linked (IL) bonds.  Which behave fairly differently from Bob's bonds. However, to keep this simple lets say they live in a place without IL bonds or IL bonds are not a consideration.  Then generally Alice has lower yielding bonds in good times but may do very well when the fed steps in during a crisis. So, who wins in the long run?  Likely Christi who owns a mix of a broad index of stocks and bonds in a risk mix where she wouldn't have to sell in downturns.  Especially, as Christi wouldn't have to pay the trading costs of moving her whole portfolio between long and short bonds.  Between Bob and Alice however Bob would likely win in the long run as the markets generally reward risk taking in the long run.  Still inflation (even without the IL bonds) and general rate trends (long-term rates are historically low right now) could have Bob losing for uncomfortably long periods."}
{"text": " \"And that's a fine thing to say. It's fine to say he likely had some advantages that afforded him a greater chance of 'making it' than most people. But that is by and large not the tone of the comments in not only this thread but Reddit as a whole. The comment I replied to, and the tone of the others, holds the sentiment of \"\"he was born to a wealthy family, therefore he got this job without any effort on his part and there is nothing any of us could ever do to achieve that\"\". Which is lazy and total bullshit.\""}
{"text": " The 'appropriate' amount of cash/bonds to hold will be largely a matter of opinion, but here are the general reasons why having at least some is a good idea: Cash is very liquid, and bonds are often mostly liquid. This means you can access them very quickly, without taking on losses. To get the most liquidity out of your bonds, you can do what is called 'laddering'. This means that you take out different bond amounts with different maturity dates, and periodically renew them on a schedule, so that you always have some bonds maturing, which you can access without paying an interest penalty. You can look this term up online for more details. Cash and bonds are low risk. If you have absolutely no low-risk assets, then in the event of, say, a market crash, you may have no savings to fall back on. By owning some bonds, and some equities, you are able to earn a modest return, without being too risky. However, note that some bonds are just as risky as equities - any bond which pays an abnormally high interest rate does so because the entity backing the repayment (government, company, whomever) is thought to not be guaranteed to be able to do so. The 25% figure given by your author is his opinion on the appropriate mix of cash/bonds to equities, but there are many views on the matter. Consider that any 'rule of thumb' in personal finance should be for general consideration only."}
{"text": " Possibly living beyond her means but I assume that was the business gross and 300K in Utah is not that great. I have no idea what the margin is in the plant nursery business or how many employee's she had but I bet her personal income was closer to 100K. Once people stopped buying plants to fix up their homes to flip it was all over for her I'm sure.   The bigger problem is that this is playing out for millions of other people that relied on housing for an income from real estate sales people, loan brokers, builders, construction workers simply everything downstream of housing has been hit hard and many many people are in this same boat or soon will be.   The really bad thing is there is no quick fix for all these people as housing is not coming back for years if not decades. So basically we have a whole segment of the economy that has been decimated and these people have no where to turn. It's not going to be pretty any way you look at it."}
{"text": " &gt;Think about charging cables on your phone. Is there one kind? No. No one can agree on the standard.   This is a bad example. There are a couple of different standards for phone charger cables, most use micro USB, Apple phones use lightning. Simple.  &gt;If you are ok with 1 chip, why not 3? Why not 5?   There are a few different standards for RFID/NFC cards, the implantable chips are compatible with most of them.  Many people do have more than one implant, it's quite common for people to implant one in each hand.  &gt;Do some of them track your location? Maybe?  It depends what you mean by 'track your location'. There is no way to implant a chip inside a person that will let you remotely tell where they are like a GPS tracking device.  They let you track someones location the same way any RFID door entry card does. Eg: Employee #372 entered lab 6F at 13:04."}
{"text": " Index funds are good for diversifying risk. For people who don't have a large sum of money to invest, holding all the different types of stocks in the index is both very expensive and not practical because you incur too many transaction costs. For an index funds, the main advantages are that costs are pooled, and investors can invest a smaller amount that they would if they bought all the different stocks individually. Naturally, if you wanted to figure out the percentage composition of the index and invest directly it would be possible, albeit tedious."}
{"text": " This might not be the right subreddit for this discussion, but what reason was there to buy Nintendo besides fanboyism?  They've had two solid years of poor performance and execution; and I don't think anyone would expect a pickup unless the Wii-U turns out to be a spectacular hit."}
{"text": " \"&gt; Put a touch-based Windows 7 OS on Surface and I believe you'd see an instant jump in sales.  A big part of windows 8 is just that.  The windows RT devices lacked the \"\"desktop\"\" part, which is basically windows 7.\""}
{"text": " If you don't like the cartel extorting you, you should just leave.  So cartels are moral, right?  A: I shouldn't have to leave just because thugs say they run land. They don't own the land I'm on, private persons do. Those people should be the ones saying whether or not I can be there.  B: I actually can't leave for free. The US government dictates the terms under which I can leave. Currently, it would cost me some 12k to repudiate my citizenship. Oh, and the government can and does change those terms *at any time* without me having the ability to asset or dissent. How is it voluntary if it's entirely unilateral?"}
{"text": " He literally wrote a 1500 handbook on trusts and was a trust counsel at a huge bank for a long time so I definitely don't doubt his words. In one month I've learned what feels like an absolutely insane and mind blowing amount. I'll ask him after next class though to clarify what he meant. But he was also for sure talking about commercial purposes like mutual funds and stuff too.   Edit: Im only posting here because a lot of stuff he says goes over my head as I am still a student and learning about trusts lol"}
{"text": " Food to your door is a problem nobody is asking to solve.   Food delivery has limited success for luxury or novelty food items (e.g., fruit baskets, steaks, coffee, snack food, etc.), but for general eating/family eating, it's not an everyday food shopping need.   I can already buy rice, cereal, pasta, etc. on Amazon and their prices are usually higher than what I can buy locally.   And that comparison is name brand products.  The price difference is laughable when it comes to store brands.  Remember when Amazon Diaper products were supposed to put Pampers and Huggies out of business.   Oh yeah.  Look where that got them..."}
{"text": " GetApproved Motor Finance is trusted in Australia to provide a convenient, fast &amp; low cost service to obtain car finance in Perth. They help you compare car loan &amp; provide low rate car insurance. Jeremy Hughes Perth is a founder of GetApproved Finance, a online car lending provider. Jeremy is a good entrepreneur with skills in Business Planning, Strategic Planning, Marketing Strategy, Consumer Financing etc."}
{"text": " \"The McDonald's affair was plain and simple petty politics, which Russian politics is full of. Only 4 branches were closed all in center Moscow, including the symbolic 1st and largest in Europe McD. This was a populist (and stupid) move intended to \"\"flip the bird\"\" at \"\"American Imperialism\"\" and \"\"avenge\"\" for their exit from the Crimean penninsual.  Economically speaking McDs hire over 35k people, besides being supplied almost exclusively by domestic (Russian) food manufacturers. Even if Russian unemployment rates are at record low (4.9%), 35k posts being lost overnight, besides suppliers and 3rd party service providers, the impact will be colossal.  &gt;\"\"About time they closed !\"\" - Gladly said 28-year-old Anton, just a few seconds before was trying in vain to open the door of the restaurant - \"\"If due to sanctions, even better then !\"\"  &gt;\"\"Were you not about to go in ?\"\"  &gt;\"\"No! That is - yes ... But just so I could chat with my friends\"\" - Anton embarrassed. And switched to friend:  &gt;\"\"Let's go to KFC\"\"  [Food isn't the most important at McDonald's](http://www.kp.ru/daily/26271/3149400/) - This is a Russian tabloid (Komsamolskiy Pravda) but the idiosyncracy is very plausible.\""}
{"text": " Bloody Moron along with the mighty US military can't control more than 20% of his own country, wants to blame Pakistan.  Some body should ask this sock puppet if the Taliban control over 40% of Afghanistan, why the fuck do they need to go to Pakistan?"}
{"text": " At 381 A Medical Equipment, we strive every day to offer our patients the best service. We have highly qualified professionals who will attend you in a personalized way, with the most advanced techniques of detection and the best hearing aids to hear again. All you need to listen to again is a pleasure is in our online store. Batteries and cleaning equipment for the hearing aid, Audiphone, hearing protectors and electronic devices designed with the best technologies in hearing. At 381 A Medical Equipment we have the most sophisticated range of hearing aids that incorporate the most advanced digital technology, with the best performance and practically imperceptible."}
{"text": " This is very interesting, and I am fully in support of the US moving to a single-payer system such as we have here in the UK, but I am a little confused. US costs are markedly higher than the second most expensive country, that's clear. However, by my reading of the data presented, it seems as though no distinction is made between the government paying for health care, and the individual paying for health care. Much of that 1.4t is coming out of the individual's pocket, rather than the insurance company's, and that for me is the crux of the whole issue."}
{"text": " It probably would have already been priced in the moment the markets opened today. So, my guess is, unless you already owned it at $68.78 on Friday, chances are it would have been near impossible to get it at that price since this morning. It already increased more than 18% from the opening bell today.   Hope my answer helped clarify some things."}
{"text": " &gt; In many cases we are actually wasting energy by first burning coal to generate electricity, only to convert it back to heat again.  Yes and no.  Thermodynamically, you are correct in some cases.  What we gain, nowadays, with electricity generation is lower distribution costs and flexibility.  The value of that far exceeds the cost of any thermodynamic losses.  If it didn't, we wouldn't be using it quite as extensively."}
{"text": " There are two answers to this (excluding central banks which are really just a banks to private banks):  **Please note:  This is an oversimplification and not accounting for the fact that banks operate in both categories now.  **  Banks are either depository institutions or financial service/transaction providers.  *  Depository institutions are your typical retail bank (regions, boa retail, wells fargo retail, etc).  They accept deposits from account holders and lend out via reserve lending to mortgages and business loans for their revenue generation.    * Financial service/transaction providers are better known as IBanks.  You have your Goldman Sachs, Deutsche Bank, JP Morgan, Morgan Stanley, etc.  These have traditionally been banks that do not accept deposit accounts but revenue generation comes from financial services such as asset management and research or from financial transaction facilitation such as market making (offering both buy/sell quotes in capital markets).  This is generally the role that banks have played historically from the medieval ages on... They started out as being entities that provided access to connecting buyers and sellers of markets."}
{"text": " Yeah man, was basically just screwing around.  Day-trading stocks is a bit different for me.  I usually trade options.  Taking a bit getting used to.  Not to mention, I probably lost a good bit on spreads.  I made all market orders lol."}
{"text": " Columbus is very interesting. Something about it has made it the perfect test market demographic for retailers and fast food galore.  Cheap rents and lots of jobs. I'm gunning for a move next year, but wondering what the trap is."}
{"text": " My grandmother passed away earlier this year. When I got my car 3 years ago, I did not have good enough credit to do it on my own or have her as a co-signer. We had arranged so that my grandmother was buying the car and I was co-signing.  A similar situation was happening and I went to my bank and took out a re-finance loan prior to her passing. I explained to them that my grandmother was sick and on her death bed. They never once requested a power of attorney or required her signature. I am now the sole owner of the vehicle."}
{"text": " 381agroup offers you quality, precision and ease of use. Look for what you're looking for, whether it's an arm or wrist meter, we have what you need. From 381agroup we encourage people to lead a healthy life. That's why we create devices that provide vital information about what really goes on inside the body. Our goal is to offer a wide range of Medical equipment that fit any health condition and serve both professionals and people for use in the home. 381agroup has a variety of blood pressure monitors so you can measure your blood pressure daily, and in just seconds and in the comfort of your home."}
{"text": " Or you owned one that was bought out, so you got a ~30% return + whatever else the stock had returned prior to that. Everyone is pushing for the companies they hold to be bought for a quick paycheck, so you're seeing fewer companies..."}
{"text": " vol shouldn't matter if you're looking at the long term. I get all the other things, to me people just don't like bear markets.   I think retail is also scared for macro reasons. Shitty economy, total clusterfuck politically. Europe is clearly a mess. And all those things don't have any resolution in the near-term future. So sit on cash/fixed income and at least you're not losing."}
{"text": " as someone who was an sap specialist for 2 years, i dont know why on earth you would want to spend your time on learning this software ad working with it. thats like the complete opposite direction to being successful at business"}
{"text": " Everyone wants good health in the immediate sense, of course. However, it certainly doesn't stop many from smoking or drinking.   Do people complain about firemen or police taxes like they do with the price of healthcare?   Just like the government insuring all of  college debt in guaranteed loans, it will only add fuel to the fire. It's the same story again and again   Medicare and medicaid is already an expense in the form of taxes that is beyond comprehension. Government needs to get out to improve the costs, both lobbying and legislation portions."}
{"text": " Tradesi is the best local business directory in Melbourne which is provides you the opportunity of brand enhancing business to the next level and making it a time efficient way to boost your online identity. Tradesi is visible to large numbers of people searching for local business directory in Melbourne."}
{"text": " sorry, things got busy.   active calendar management. Are you talking about having a dedicated receptionist manage say an exchange calendar? taking calls, making an appointment on your calendar and then saving the event and setting reminders? that kind of thing?  outgoing calls to confirm appointments sounds interesting, but currently we only want to deal with inbound, process then transfer."}
{"text": " \"You can start investing with any amount. You can use the ShareBuilder account to purchase \"\"partial\"\" stocks through their automatic investment plan. Usually brokers don't sell parts of stock, and ShareBuilder is the only one allowing it IMHO using its own tricks. What they do basically is buy a stock and then divide it internally among several investors who bought it, while each of the investors doesn't really own it directly. That's perfect for investing small amounts and making first steps in investing.\""}
{"text": " I think rather than simply being about a surge in demand for craft and local food, this might be a short-term consequence of millenials' delaying the start to their families. I went to chilis, applebees, ruby tuesday's, and other mid-tier, dine-in restaurants when I was a kid for what could be the same reason as every other kid: the food was better quality than McDonald's but still relatively cheap, the atmosphere was family friendly, and you could trust the continuity of the foregoing across different cities. Millenials like local and craft vendors when they have the money to spend, but they still love the hell out of some Popeye's and Chick-fil-a, which are anything but local.  Why go to RT's if you don't have the problem of having to feed a bunch of picky kids who wouldn't know the quality of local fare anyway? Just my take."}
{"text": " It really is important to consider the safety of the audience and performers in any event. There should be a team of medics who are on standby to give first aid when needed. It is good that there are companies who offer the services of first aid professionals these days."}
{"text": " You can receive all the Money in your Bank. By Problem if you mean whether it will raise any alarms at the Bank. Most likely yes, such kind of activity would trigger AML. Bank would flag this off to regulators and questions would be asked. If you are doing a Legitimate business, its not an issue. Maintain a proper record of the transaction and pay your taxes. As funds are large 80 K a month, it makes sense to seek to advice of a Laywer and CA to help you keep thing in order."}
{"text": " This latest, though, this isn\u2019t a feature. (Many Facebook \u201cfeatures\u201d aren\u2019t.) Instead, it\u2019s yet another example of a fundamentally dishonest company, a company with no integrity, playing whack-a-mole with their users. They don\u2019t change things every few days because it\u2019s better for us. Notice how every time they update things they move where settings used to be? It\u2019s not user-friendly, it\u2019s user-hostile and it violates every core fundamental of user interface design, which is all about making a site or an application easier and better for the user.  Facebook does this intentionally to mask their real intent. Which is to package and sell the user, to deceive users into behaving in ways that they wouldn\u2019t otherwise. The message is ugly, but simple: We\u2019re not good enough to entice you to want our services, so we\u2019re going to make you to take it. If we get busted, we\u2019ll issue a statement and try again the next time we think you aren\u2019t looking."}
{"text": " Typically, a transfer of money isn't taxed in and of itself. If they send you $1000 and you send them goods, your profit is what would be taxed, not the full amount sent to you. You need to keep track of all money you spend to acquire the goods, and all money coming in, so you can declare the profit you've made as income. Your question appears to be less about personal finance, and more about running a small business."}
{"text": " The other alternative: just invest it in tax-efficient investments. You will have limited tax-deferral options outside of your 401k, but don't let that limit you. You can invest in a variety of ETFs, stocks and mutual funds for growth, and tax-free investments like municipal bonds as you get older and need to draw income."}
{"text": " \"A good measurement would be to compare to index's. Basically a good way to measure your self would be to ask \"\"If I put my money somewhere else how much better or worse would I have done?\"\" Mutual funds and Hedge funds use the SP500 as a bench mark. Some funds actually wave their fee if they do not outperform the SP or only take a fee on the portion that has outperformed the SP500. in today's economy i dont know how to expect such a return The economy is not a good benchmark on what to expect from the stock market. For example in 2009 by certain standards the economy was worse then today but in 2009 the market rallied a great deal so your returns should have reflected that. You can use the SP500 as a quick reference to compare your returns (this is also considered the \"\"standard\"\" for a quick comparison). The way you compare your performance is also dependent on how you invest your money. If you are outperforming the SP500 you are doing well. Many mutual funds DO NOT outperform the SP500. Edit Additional Info: Here is an article with more comprehensive information on how to gauge your performance. In the article is a link to a free tool from morning star. Use the Right Benchmark to Accurately Measure Investment Performance\""}
{"text": " Not just that.   I occasionally drive through a rough part of town and see the dumbest people just walking in the street.   There is a sidewalk,  but let's walk in the busy road instead.   I'm going to get video of it,  it's insane.   Nobody uses the cross walk,  just dart out in traffic.   This has convinced me that there may be a significant correlation between intelligence and socioeconomic classes.  It's not education,  it's common sense shit they seem to be lacking.     It's really bad in the area I'm talking about.   There are sidewalks and cross walks and they are both blatantly ignored by way too many people in the neighborhood I am speaking of.   You have to see it to believe it,  people are dangerously retarded.   In order to not walk 20 feet further to get to a crosswalk and to a bus stop,  many people just opt to step out into traffic.   I came to this thread just because this is something me and my gf discuss each time we are in this section of town. It's like watching a live version of *Frogger* every 100 yards."}
{"text": " In general, currency has no expiration date. Specifically, in Canada, the Bank of Canada has been issuing banknotes since 1935, and these are still considered legal tender, even though they don't look much like the modern banknotes.  Before that, Canadian chartered banks issued currency, and these also still have value. However, there are a few things to note.  First of all, with currency of that age, it often has more value as a collector's item than the face value.  So spending it at a store would be foolish. Second, store clerks are not experts in old currency, and will not accept a bill that they do not recognize.  If you want the face value of your old currency, you may need to exchange it for modern currency at a bank. Having said all that, there are certainly cases where currency does expire.  Generally this happens when a country changes currency.  For example, when the Euro was introduced, the old currencies were discontinued.  After a window of exchange, the old currency in many cases lost its value.  So if you have some old French Franc notes, for example, they can no longer be exchanged for Euros. These types of events cannot be predicted in the future, of course, so it is impossible to say when, if ever, the Canadian currency you have today will lose its spending value in Canada."}
{"text": " Positive or negative in what sense?  http://climate.nasa.gov/scientific-consensus/ https://en.wikipedia.org/wiki/Scientific_opinion_on_climate_change  The overwhelming opinion is that humans are the largest source of climate change currently.  To answer your question about what global warming means: https://en.wikipedia.org/wiki/Effects_of_global_warming  The data is out there, try to not get clouded: https://en.wikipedia.org/wiki/Climate_change_denial"}
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{"text": " Indeed.  10-20 years down the line who knows where the computing capabilities will be at. But for now, and the foreseeable future IMHO, there are simply too many variables involved to take a human completely out of the cockpit. I will still want to know that there are two sets of eyeballs looking out the of the cockpit and monitoring the gauges."}
{"text": " As Americans we seem to have lost the ability to see the simple truth right in front of us. Its not just RT, its what the world is telling us, take your pick, yet we get our marching orders from Tel Aviv  I will fucking move to Timbuktu before Zuckerberg becomes the US president and all our children wear gender neutral uniforms to school"}
{"text": " \"You can list it as other income reported on line 21 of form 1040.  In TurboTax, enter at: - Federal Taxes tab (Personal in  Home & Business) - Wages & Income -\u201cI\u2019ll choose what I work on\u201d Button Scroll down to: -Less Common Income -Misc Income, 1099-A, 1099-C. -The next screen will give you several choices. Choose \"\"Other reportable Income\"\". You will reach a screen where you can type a description of the income and the amount. Type in the amount of income and categorize as Tutoring.\""}
{"text": " \"&gt; 66% of the Extra CO2 in the Air is not from Western Countries...  Note that the data is spun to reach this conclusion.  [The argument behind the data is](https://defyccc.com/docs/CO2-Attribution-Halperin-Preprint-2015.pdf):  &gt; ... one can conclude that only a small fraction of the extra CO2, released 100 years ago, is still in the air.  So basically this number comes from an assumption that 1 pound of China's emissions today is the same as about 10 pounds of emissions from western countries in 1900.  The end result is a \"\"total responsibility\"\" count that puts more weight on current emissions over historic emissions.  Of course, the author is trying to push an anti-alarmist agenda here.  If you're going to calculate responsibility with a heavier weight on current emissions, then it also makes sense to divide by current population to get responsibility per capita.  Now I wonder why the author didn't consider that...\""}
{"text": " \"&gt; I do expect it to be at least coherent and consise [sic - OMG I should now dismiss you!].  If her post was incoherent then how could you \"\"precisely\"\" counter what she was saying?  You made a logic boom boom in your pants.  &gt; Freelancing is hard.  Wow, deep. (hey, this lazy dismissive stuff is easy!)\""}
{"text": " &gt; Conglomerates have no interest in gaining control of tiny businesses through loan collateral.  Yes they do, at least in China. China has very low farm labor productivity by developed nations status. Agribusiness would be very profitable in China. **The reason why it's in check is because it would make hundreds of millions of farmers redundant**, so the government prevents the industry from encroaching too much."}
{"text": " Why would you consider Amazon to have an anti-trust issue? Think about monopolies of the past - you didn't go to them because you wanted to, you went to them because you had no other choice....  With Amazon, you can you Google's cloud services or Walmart's ecommerce site, but you don't... Why not? Because Amazon does it the best. You, the consumer, still have a choice."}
{"text": " The only purpose the ILS market fills is directly lining up capital to pay for potential cats. Unless you're doing directly that you don't really have a way to participate, long or short.  The cat bond market really isn't liquid or developed enough for derivatives to exist at this point.   Due to the losses this year the cat bond market could shrink significantly too because all the existing catastrophe models have seemed to be inadequate to model these occurrences and investors are losing their shirts. There are questions of the extent to which the alternative capital in the reinsurance market will reload in the wake of 2017."}
{"text": " Title is incorrect. $1000 every ten years, or $100 per year.   The author puts the calculations in the article, and while I think the methodology is dubious it is at least transparent. The $1000 was the cost over the next decade applied to the number of workers, which means the annual cost is one tenth of that, or $100.  Edit: I said number of households and I should\u2019ve said number of workers."}
{"text": " \"It certainly seems like you are focusing on the emotional factors.  That's your blind spot, and it's the surest path to a situation where your husband gets to say \"\"I told you so\"\".  I recommend you steer straight into that blind spot, and focus your studies on the business aspects of buying and owning homes.   You should be able to do spreadsheets 6 ways from Sunday, be able to recite every tax deduction you'll get as a homeowner, know the resale impacts of 1 bathroom vs 2, tell a dirty house from a broken house, etc.  Everybody's got their favorites, mine are a bit dated but I like Robert Irwin and Robert Allen's books.  For instance: a philosophy of Allen's that I really like: never sell.  This avoids several problems, like the considerable costs of money, time and nerves of actually selling a house, stress about house prices, mistaking your house's equity for an ATM machine, and byzantine rules for capital gains tax mainly if you rent out the house, which vary dramatically by nation.  In fact the whole area of taxes needs careful study.  There's another side to the business of home ownership, and that's renting to others.  There's a whole set of economics there - and that is a factor in what you buy.  Now AirBNB adds a new wrinkle because there's some real money there.  Come to understand that market well enough to gauge whether a duplex or triplex will be a money maker.  Many regular folk like you have retired early and live off the rental income from their properties.  JoeTaxpayer has an interesting way of looking at the finances of housing: if a house doesn't make sense as a a rental unit, maybe it doesn't make sense as a live-in either.   So learn how to identify those fundamentals - the numbers.  And get in the habit of evaluating houses.  Work it regularly until it's second nature.  Then, yes, you'll see houses you fall in love with, partly because the numbers work.  It also helps to be handy.  It really, really changes the economics if you can do your own quality work, because you don't need to spend any money on labor to convert a dirty house into a clean house.  And lots of people do, and there's a whole SE just for that.  There is a huge difference between going down to the local building supply and getting the water pipe you need, vs. having to call a plumber.  And please deal with local businesses, please don't go to the Big Box stores, their service is abominable, they will cheerfully sell you a gadget salad of junk that doesn't work together, and I can't imagine a colder and less inviting scene to come up as a handy person.\""}
{"text": " You might be better off soliciting software engineers on AngelList.  Coder and programmer is a bit derogatory also -- you are seeking an Engineer.    With that said, I've been approached numerous times for things like this and the answer is always no.  You are basically looking for a cofounder so be prepared to give away 50%.  You need seed capital, and you don't really need an engineer for that so you should formalize the business plan and get funding.  If you can't convince someone for 50 or 100k of seed then the idea is probably flat and you won't find an engineer who wants to touch it."}
{"text": " \"100% debt free is an objective. Being there is good, but as long as you have a plan to get there, are sticking to it and it's moving you towards it at a reasonable rate (e.g. \"\"I will be debt free by the end of 2011.\"\"), you should be in good shape. It's when you don't ever expect to be debt free that you have a problem. Going into debt is one question and a very situation dependent one. Getting back out is another and a very easy one: pay off all debts as a fast as you reasonably can, starting with the highest interest ones. OTOH this doesn't imply that you should forgo every optional expense (including things like savings and entertainment) to pay off debts, that would be unreasonable, but just that paying down debts should always be considered when thinking about what to do with money.\""}
{"text": " \"From what you say, a savings account sounds like the most appropriate option.  (Of course you should keep your checking account too to use for day-to-day expenses, but put money that you want to sock away into the savings account.) The only way to guarantee you won't lose money and also guarantee that you can take the money out whenever you want is to put your money in a checking or savings account.  If you put it in a savings account you will at least earn some paltry amount of interest, whereas with a checking account you wont.  The amount of interest you earn with only a few hundred (or even a few thousand) dollars will be miniscule, but you know that the nominal value of your money won't go down. The real value of your money will go down, because the interest you're earning will be less than inflation.  (That is, if you put $1000 in, you know there will be at least $1000 in there until you take some out.  But because of inflation, that $1000 won't buy as much in the future as it does today, so the effective buying power of your money will go down.)  However, there's no way to avoid this while keeping your money absolutely safe from loss and maintaining absolute freedom to take it out whenever you want. To address a couple of the alternatives you mentioned: It's good that you're thinking about this now.  However, you shouldn't worry unduly about \"\"getting the most out of your money\"\" at this stage.  As you said, you have $400 and will soon be making $200/week.  In other words, two weeks after your job starts, you'll have earned as much as your entire savings before you started the job.  Even if all your cash \"\"went down the drain\"\", you'd make it up in two weeks. Of course, you don't want to throw your money away for nothing.  But when your savings are small relative to your income, it's not really worth it to agonize over investment choices to try to get the maximum possible return on your investment.  Instead, you should do just what you seem to be doing: prioritize safety, both in terms of keeping your money in a safe account, and try to save rather than spending frivolously.  In your current situation, you can double your savings in one month, by working at your part-time job.  There's no investment anywhere there that can even come close to that.  So don't worry about missing out on some secret opportunity.  At this stage, you can earn far more by working than you can by investing, so you should try to build up your savings.  When you have enough that you are comfortable with more risk, then you will be in a position to consider other kinds of investments (like stock market index funds), which are riskier but will earn you better returns in the long run.\""}
{"text": " So your plan is to wait for the whales to die of old age, with sea world caring for them the entire time, during which you will condemn sea world for doing this while acknowledging it's their only option at this point.   Ok."}
{"text": " &gt;Women went into the workforce because the cost of living was going up faster than wages  Women went into the workforce because the social pressure to not do so lessened, and the value they placed on the wages for their labor (factoring in the cost of violating any social norms for working) now exceeded that of the value they received from not having to work; this had generally not been the case a hundred years ago."}
{"text": " So I was working at my dad's perfume store yesterday so he can take a day off. And I don't have that much experience, I occasionally fill in whenever he needs to take a day off for something. So yesterday I thought it was my lucky day cause I had two groups of people come in and buy nearly 500$ worth of items each but with credit cards. Now once again I don't have that much experience with this type of work. I just sold them the stuff but the procedure was the same as with any other group of people buying multiple items. Show them multiple stuff, bargain, and eventually they buy the stuff. I entered the price on the machine, they put in the card, they put in the pin, they signed the receipt and it was the end of that. Turns out both groups used stolen cards. So I get a call from my brother today saying both cards were stolen and we might not get the money for the stuff. But I pretty much followed the procedure I was told to, its just I don't know why we wouldn't get the money back."}
{"text": " \"There will be many who will judge your proposal on the idea that subsidized loans should be available to those who need them, and should not be used by others who are simply trying to profit from them. Each school has a pool of money available to offer for subsidized and unsubsidized loans. If they are giving you a subsidized loan, they cannot allocate it to someone else who needs it. Once you weigh the investment risks, I agree that it is analogous to investing rather than repaying your mortgage quickly. If you understand the risks, there's no reason why you shouldn't consider other options about what to do with the money. I am more risk averse, so I happen to prefer paying down the mortgage quickly after all other investment/savings goals have been met. Where you fit on that continuum will answer the question of whether or not it is a \"\"bad idea\"\".\""}
{"text": " \"&gt; In a version of Romney's \"\"47 percent\"\" remarks, Siegel added that \"\"people like me who made all the right decisions and invested in themselves are being forced to bail out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for.\"\"   Yeah luxuries that he doesn't need like a military, police force, and fire department! Who needs education and health systems. Damn Poor people that overspent their paychecks thats who.\""}
{"text": " \"The basic theoretical reason for a company to return money to shareholders is that the company doesn't need the money for its own purposes (e.g. investment or working capital). So instead of the company just keeping it in the bank, it hands it back so that shareholders can do what they think fit, e.g. investing it elsewhere. In some cases, particularly \"\"private equity\"\" deals, you see companies actively borrowing money to payout to shareholders, on the grounds that they can do so cheaply enough that it will improve overall shareholder returns. The trade-off with this kind of \"\"leveraging up\"\" is that it usually makes the business more risky and every so often you see it go wrong, e.g. after an economic downturn. It may still be a rational thing to do, but I'd look at that kind of proposal very carefully. In this case I think things are quite different: the company has sold a valuable asset and has spare cash. It's already going to use some of the money to reduce debt so it doesn't seem like the company is becoming more risky. Overall if the management is recommending it, I would support it. As you say, the share consolidation seems like just a technical measure and you might as well also support that. I think they want to make their share price seem stable over time to people who are looking at it casually and won't be aware of the payout - otherwise it'd suddenly drop by 60p and might give the impression the company had some bad news. The plan is to essentially cancel one share worth ~960p for every payout they make on 16 shares - since 16x60p = 960p payout this should leave the share price broadly unchanged.\""}
{"text": " The broker would give you a margin call and get you to deposit more funds into your account. They wouldn't wait for the stock price to reach $30, but would take this action much earlier. More over it is very unrealistic for any stock to go up 275% over a few hours, and if the stock was this volatile the broker would be asking for a higher margin to start with. What I am really worried about is that if there were any situation like this you are not considering what you would do as part of your risk management strategy. Before writing the option you should already have an exit point at which you would buy back the option to limit your losses."}
{"text": " \"Forget the math's specifics for a moment: here's some principles. Additional housing for a renter gives you returns in the form of money. Additional housing for yourself pays its returns in the form of \"\"here is a nice house, live in it\"\". Which do you need more of?  If you don't need the money, get a nicer house for yourself. If you need (or want) the money, get a modest house for yourself and either use the other house as a rental property, or invest the proceeds of its sale in the stock market. But under normal circumstances (++) don't expect that buying more house for yourself is a good way to increase how much money you have. It's not. (++ the exception being during situations where land/housing value rises quickly, and when that rise is not part of a housing bubble which later collapses. Generally long-term housing values tend to be relatively stable; the real returns are from the rent, or what economists call imputed rent when you're occupying it yourself.)\""}
{"text": " Wal-Mart? How are they going to compete with this monster. Grocery shopping is also a kind of social experience that it seems humans need. I'm no fan of walyworld taking out almost every small grocery store they can. Don't know,might get interesting. Hopefully get a price war going and then the customer will benefit."}
{"text": " I still don't understand how a restaurant called Chipolte can be so friggin' bland. Their 'hot' salsa isn't that hot, and the bottles of Tabasco sauce by the soda fountain are in insult. Not to mention the last time I got a burrito, it was lukewarm and mushy. I only wish the location across from my work was a Moe's :("}
{"text": " \"If I pay off 70 percent of the loan amount, will I be charged less interest? Yes, because when there's less debt (aka \"\"the balance\"\") to charge interest on, just as when you pay it off \"\"normally\"\", there's less interest charged. Note that the loan contract might stipulate: That's quite rare in the US (except for some student loans), but I don't know about India.\""}
{"text": " &gt; Darling, if you are not a fan of Hillary (and the current DNC?), than why are you against Trump, who is not even career GOP politician?  I have already addressed this stupid idea that someone HAS to like one or the other. Literally the post you just replied to. Both can be (and are) terrible.   If you go back and actually read the words I've said in this thread, I've cited numerous things that prove that Trump has no idea what he's doing.  If you weren't so busy covering your ears and pretending that you haven't already been proven wrong in this very thread, maybe you wouldn't have missed it.   Since you obviously have trouble with your reading comprehension, I won't repeat them again, as to not confuse you. Just scroll up."}
{"text": " Not for the tax break, no; as others have said that still costs you money. However, with rates being low right now and brought a bit lower by the tax break, this is an opportunity for the safest form of leveraged investing you will ever find. If you invest that money, the returns on investment will probably be better than the mortgage rate, and that leaves you with a net profit. There is some risk if the market collapses, but it's less risk than any other form of borrowing to invest. That also leave you with more flexibility if you need cash in a hurry; you can draw down the investments rather than taking another loan. If the risk bothers you, you can do what I did and split the difference. I put 50% down and financed the rest. I sometimes regret not having pushed it harder, since it has worked out well for me ... but that was the level of risk I was comfortable with."}
{"text": " It's a good start that you want to self educate and get ahead of the curve. Try online workshops that are relatively cheap but give you a glimpse of a particular subject. Shaw Academy, Udemy, Khan Academy, etc..   This should help you in the spare time learn about other subjects."}
{"text": " It's really not comparable.  I love Wegmans, but it's not the same thing.  Wegmans is a nice grocery store.  Whole Foods is not a place you go for most groceries - it's a place you go for fresh meats/fish/etc, especially when looking for more unique things, and especially if you're picky about what you're getting.  And even if you want to deny all that, Wegmans has a small footprint, so it is irrelevant in most areas."}
{"text": " While the Affordable Care Act (ACA) started as a relative moderate price insurance, it quickly became expensive, unaffordable, tax for those who don't want/need it, and hard to get as in some states you have only one choice (or no choices very soon).  It destroys and destroyed the medical profession. Doctors have no control on how and what they get paid for their work. You can't be an independent doctor and what you paid is very little, not worth your time in many cases.  It's even costly for the insurance companies and many of them dropped from the program.  Trump and I are NOT(!) against National healthcare system.  Both Trump and me want to fix the system and make it reasonable, better and fair."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-09-01/america-s-superstar-companies-are-a-drag-on-growth) reduced by 91%. (I'm a bot) ***** &gt; Anyway, as a result of this increased market power, the big superstar companies have been raising their prices and cutting their wages.  &gt; In the past few years, researchers have found that industrial concentration - measured by the market share of the four biggest companies in an industry - has indeed been increasing in most parts of the U.S. economy.  &gt; Basic theory suggests that when top companies get more market power, they invest less in their businesses as they restrict output and raise prices.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xtfdw/americas_superstar_companies_are_a_drag_on_growth/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~203487 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*: **company**^#1 **more**^#2 **paper**^#3 **market**^#4 **increased**^#5\""}
{"text": " Plenty of folks earn $300k/year from salary alone, and keep in mind this is household income. If you and your spouse are both educated and have a well paying jobs it's not all that difficult to hit that mark."}
{"text": " \"&gt;he believes that Facebook\u2019s IPO is a clear sign that capital markets are rigged against ordinary \u201cmom and pop\u201d retail investors.  Should mom and pop be investing in IPOs in the first place?  And if they are then shouldn't they be expected to read all the SEC filings just like any sophisticated market participant?  I think the FB IPO sucked really badly and damaged capital markets but NOT because \"\"mom and pop\"\" didn't read all the filings.\""}
{"text": " When I did this I sold the stock out of my 401k account.  Then transferred the cash to my rollover IRA account.  No tax event was created for me.  Make sure your rollover IRA account is listed as tax deferred.  If this still doesn't work for you then it could be a bug in Quicken and your best bet is the Quicken forums.  Good luck."}
{"text": " Is this a time of day effect by using, e.g. closing prices, in markets that close at different times?  If so, you can mitigate this by looking at returns over longer periods (weekly, monthly or quarterly).  If the cross-listed equities are showing consistently different returns at the exact same time, then you should be more concerned in figuring out how to trade the arbitrage rather than estimating a beta."}
{"text": " This is primarily opinion based. It is like predicting what will happen in future, similar to predicting the value of stock. This is interesting topic on a coin discussion forum like WOC My question is whether moving the coins out of the Whitman folders (some of which are in serious disrepair) to the stapled pockets will adversely affect their value? Whitman folders are for basic collectors to know what to collect and easily show what is missing. These are not great way to preserve coins. Infact good quality coins should never be put into such folders. There are quite a few ways to store coins, Stapled flips ... now one also gets self adhesive flips. Coin Capsules or Archival grade envelops. It depends on the value of coin and how long you want to store these and where are the coins kept [moisture, humidity, pollutants are bad for coins]"}
{"text": " \"The economics of it say that you need to win 30% of the homes you pass in order to break even.  Google has only entered markets where there is already a cable incumbent plus the phone company probably offers service although their market share is surely smaller so there are 2 solid providers and 1 marginal provider, at least.  For a 4th provider to come in, they could really only hope to break even and that would be very difficult considering the marketing clout of the competitors.  At that point, you're talking a generic product and you can really only compete on price and possibly better service.  Competing on price is a fools errand in this case as the competitors will match your prices until you go broke.  Look at how Comcast and TWC \"\"miraculously\"\" boost speeds in cities when Google shows up.   For a different example, look at the airline industry and what has happened when a low cost competitor brings service to a city that has an airline fortress hub.  The big airline will double capacity on the route and match every price until they break the upstart.  The day (literally) the new airline folds, they cut service and raise prices.\""}
{"text": " Why should they? If investors' don't want nonvoting shares, they shouldn't buy them.  I don't like the big banks, but it's not like they are fleecing little old ladies here. The people with the first rights to the shares tend to be institutions who know what they are getting."}
{"text": " Well for starters you want to rent it for more than the apartment costs you.  Aside from mortgage you have insurance, and maintenance costs.  If you are going to have a long term rental property you need to make a profit, or at a bare minimum break even.  Personally I would not like the break even option because there are unexpected costs that turn break even into a severe loss. Basically the way I would calculate the minimum rent for an apartment I owned would be: (Payment + (taxes/12) + (other costs you provide) + (Expected annual maintenance costs)) * 100% + % of profit I want to make. This is a business arrangement.  Unless you are recouping some of your losses in another manner then it is bad business to maintain a business relationship that is costing you money.  The only thing that may be worth considering is what comparable rentals go for in your area.  You may be forced to take a loss if the rental market in your area is depressed.  But I suspect that right now your condo is renting at a steal of a rate.  I would also suspect that the number you get from the above formula falls pretty close to what the going rate in your area is."}
{"text": " \"There's nothing you can do. If he has indeed deposited the check, it would appear on your account fairly quickly - I've never seen it taking more than 2-3 business days. However, a check is a debt instrument, and you cannot close the account until it clears, or until the \"\"unclaimed property\"\" laws of your state kick in. If he claims that he deposited the check, ask it in writing and have your bank (or the bank where it was deposited) investigate why it takes so long to clear. If he's not willing to give it to you in writing - he's likely not deposited it. Whatever the reason may be, even just to cause you nuisance. Lesson learned. Next time - cashier's check with a signed receipt. Re closing the LLC: if you're the only two partners - you can just withdraw yourself from the LLC, take out your share, and drop it on him leaving him the only partner. Check with your local attorney for details.\""}
{"text": " The currency market, more often referred as Forex or FX, is the decentralized market through which the currencies are exchanged. To trade currencies, you have to go through a broker or an ECN. There are a lot's of them, you can find a (small) list of brokers here on Forex Factory. They will allow you to take very simple position on currencies. For example, you can buy EUR/USD. By doing so, you will make money if the EUR/USD rate goes up (ie: Euro getting stronger against the US dollar) and lose money if the EUR/USD rate goes down (ie: US dollar getting stronger against the Euro). In reality, when you are doing such transaction the broker: borrows USD, sell it to buy EUR, and place it into an Euro account. They will charge you the interest rate on the borrowed currency (USD) and gives you the interest and the bought currency (EUR). So, if you bought a currency with high interest rate against one with low interest rate, you will gain the interest rate differential. But if you sold, you will lose the differential. The fees from the brokers are likely to be included in the prices at which you buy and sell currencies and in the interest rates that they will charge/give you. They are also likely to gives you big leverage to invest far more than the money that you deposited in their accounts. Now, about how to make money out of this market... that's speculation, there are no sure gains about it. And telling you what you should do is purely subjective. But, the Forex market, as any market, is directed by the law of supply and demand. Amongst what impacts supply and demands there are: Also, and I don't want to judge your friends, but from experience, peoples are likely to tell you about their winning transaction and not about their loosing ones."}
{"text": " As somebody that hasn't lived in areas where agriculture is present, I'm genuinely curious. Let's say I'm a recent high school graduate looking at jobs that are available to me. What room for advancement is there if I decide to start picking crops? Isn't that seasonal work? Could I count on a job that pays year round?  My impression is that lots of labor is needed for short periods of time when it comes to picking crops but that the jobs are temporary, which I can't imagine makes them particularly attractive to potential hires."}
{"text": " \"This claims that \"\"once implemented, the liability will no longer fall on the consumer.\"\" However, when this was introduced in the UK, a motivating factor for the banks was that liability was shifted away from them, and onto the consumer. Previously, if you had a forged signature, you were not liable. However, if somebody knew your PIN, the bank would say you have been negligent.\""}
{"text": " \"I don't think you got my point. My point is, that although your statements seem great \"\"on paper,\"\" in reality this statement:  &gt;Moreover, it can't be that hard to find a group of 4-5 people who aren't stupid. I can think of a dozen friends of mine off the top of my head I'd have complete confidence in if we decided to rob a bank.  Is complete bullshit.\""}
{"text": " Don't misunderstand man, I'm all about alternative energy.  I bought a Japanese Delica because they have the room I need and they're stupidly good on diesel.  (sadly, I blew the head at Christmas, now I need to get a new one, and until then I'm in an 07 Caravan).  I'd like to add solar panels to the farmhouse once all the other expenses are taken care of, and over the winter we only burn wood for heat in a high-efficiency triple-burn woodstove."}
{"text": " I\u2019m actually curious why you think this is great as a marketer. I was under the impression that ads do better when people don\u2019t know they\u2019re an ad. Although I don\u2019t understand how people don\u2019t realize most of what they see on popular accounts is paid advertising."}
{"text": " \"When you say that the problem is \"\"high supply but no demand\"\" you are actually correct. Here's why:  The phrase \"\"borrow/spend less, save more\"\" isn't an absolute law. It's more of a cautionary tale. Obviously, spending is an integral part of an economy: it accounts for at least 50% of every transaction! But the aphorism is getting at something other than admonishing people to not spend. The point of the saying is that interest rates should reflect savings rates.   What it comes down to is the how the law of supply and demand applies to the relationship between savings and interest rates. Consider this thought experiment: in a world where everybody saves 50% of their income, what would happen to interest rates? Banks would have a glut of savings, relative to the population. Assuming demand remains constant, interest rates would go down: the price of borrowing goes down as the supply of money to be borrowed increases. Thus a corollary of the law of supply and demand is that as savings increase, interest rates tend to go down.   So, as savings increase, the economic environment encourages capital improvements. Businesses can borrow at lower rates and increase long-term productive capacity. This is what the federal reserve has attempted to do by lowering the Fed Funds rate to near zero and by Operation Twist: increase economic activity through low borrowing costs.   So, what's the problem? When interest rates are artificially low there are no savings to support the production later in time. A company that borrows at a 1% rate created by the feds can build a factory to make widgets, but it will have a hard time selling that widget to a population with a negative net worth. However, if the 1% rate is \"\"natural\"\", then the company should be fine: the savings of the population should support the production from his widget factory.   For about 30 years we have experienced a credit boom in this country that was not created by excess savings. This trend couldn't continue forever. Look around you. At the end of the day, an economy is simply a group of people getting together to buy and sell stuff and services. Right now there is a lot of debt, and little cash. Who will be doing the buying?\""}
{"text": " Yes, but the size and extent of a crime is very important in deciding what to do about it, whether or not it warrants taking resources from other crimes to fight it, or how to legislate or protect against it.  Presenting incorrect data makes it difficult to allocate resources in law enforcement for the best outcomes for society. Getting caught lying about relevant data makes those catching you less likely to take you seriously. Never cry wolf, after all."}
{"text": " A home away from home \u2013 This is essentially the main reason why RVs were invented: to serve as a home on the road. You wouldn\u2019t need to worry if the place you\u2019ll spend the night is cozy or not, because you have your home with you."}
{"text": " \"The scenario you mention regarding capital gains is pretty much the core of the issue. Here's a run-down from PolitiFact.com that explains it a bit. It's important to focus on it being the tax rate, not the tax amount (which I think you get, but I want to reinforce that for other readers).  Basically, most of Buffett's income comes from capital gains and   dividends, income from investments he makes with the money he already   has. Income earned by buying and selling stocks or from stock   dividends is generally taxed at 15 percent, the rate for long-term   capital gains and qualified dividends. Buffett also mentioned that some of the \"\"mega-rich\"\" are hedge fund   managers \"\"who earn billions from our daily labors but are allowed to   classify our income as 'carried interest,' thereby getting a bargain   15 percent tax rate.\"\" We don't know the taxes paid by Buffett's secretary, who was mentioned   by Obama but not by Buffett. Buffet's secretary would have to make a   high salary, or else typical deductions (such as the child tax credit)   would offset taxes owed. Let's say the secretary is a particularly   well-compensated executive assistant, making adjusted income more than   $83,600 in income. (Yes, that sounds like a lot to us, too, but   remember: We're talking about the secretary to one of the richest   people in the world.) In that case, marginal tax rates of 28 percent   would apply. Then, there would be payroll taxes of 6.25 percent on the   first $106,800, money that goes to Social Security, and another 1.45   percent on all income, which goes to Medicare. The secretary\u2019s overall   tax rate would be lower than 28 percent, since not all the income   would be taxed at that rate, only the income above $83,600. Buffett, meanwhile, would pay very little, if anything, in payroll   taxes. In the New York Times op-ed, Buffett said he paid 17.4 percent   in taxes. Thinking of the secretary, it gets a little complicated,   given how the tax brackets work, but basically, people who make   between $100,000 and $200,000 are paying around 20 percent in federal   taxes, including payroll and income taxes, according to an analysis   from the nonpartisan Tax Policy Center. So in this case, the secretary's rate is higher because so much of   Buffett's income comes from investments and is taxed at the lower   capital gains rate. Here's Buffet's original Op-Ed in the NYT for those of you that aren't familiar.\""}
{"text": " I wouldn't buy a house at this time. Your credit card debt is the most expensive thing you have. Which is to say that you want to get rid of it as soon as possible. The lawyer isn't cheap, and your personal situation is not fully resolved. Congratulations on paying off the IRS, and getting up the 401k to 17.5k.  Take care of the two things in paragraph 1, first,and then think about buying a house. You're doing too much good work to have it possibly be derailed by home payments."}
{"text": " Congratulations on being in such good financial state.  You have a few investment choices. If you want very low risk, you are talking bonds or CDs. With the prime rate so low, nobody is paying anything useful for very low risk investments.  However, my opinion is that given your finances, you should consider taking on a little more risk. A good step is a index fund, which is designed to mirror the performance of a stock index such as the S&P 500. That may be volatile in the short-term, but is likely to be a good investment in the longer term. I am not a fan of non-index mutual funds; in general the management charge makes them a less attractive investment.  The next step up is investing in individual stocks, which can provide very big gains or very big losses.  The Motley fool site (www.fool.com) has a lot of information about investing overall."}
{"text": " I realize that for sure. I traded it speculatively in early 2013 during that meteoric rise. I'm just saying that it seems these currencies only exist because the big banks allow them to. Large scale adoption, I believe, will always be stymied by the big boys who can wipe out steady growth with a wave of their hand. Average folks just will never have the stomach to hold through that type of tumult."}
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{"text": " I think that one-sided is nicer for a more professional occupation or aim. If you do decide to go two-sided, I would make sure that the back is something minimalist. As one other commenter said, it is nice to have space to write extra info on a card.   Plus, it is nice to be able to tell which side is the front as soon as possible."}
{"text": " Not prohibitively expensive to the degree that it can't be done on accident. But it does go against the model of fast and cheap as possible.   I've worked in a few places built in a way that huge swaths of the building are almost impossible to get signal in.   There is a way for them to have their cake and eat it too but it would require a carrier being in cahoots with the company trying to control internet access on premise."}
{"text": " In the UK at least, we have Credit Unions. Credit Unions are not-for-profit organisations that don't pay interest on your balance, but instead give you a share of their profits at the end of the year (or at least my local branch do). This normally equates to around 1% of my balance."}
{"text": " Structuring, as noted in another answer, involves breaking up cash transactions to avoid the required reporting limits.   There are a couple of important things to note.   And, the biggest caveat - there have been many cases of perfectly legitimate transactions that have fallen foul of the reporting requirements.  One case springs to mind of a small business that routinely deposited the previous day's receipts as cash, and due to the size of the business, those deposits typically fell in the $9,000-$9,500 range.  This business ended up going through a lot of headaches and barely survived.  Some don't.   A single batch of transactions, if it is only 2 or 3 parts and they are separated by reasonable intervals, is not likely in and of itself to be suspicious.  However, any set of such transactions does run the risk of being flagged.   In your case, you also run afoul of the Know Your Customer rules, because it's not even you depositing the cash - it's your friend.  (Why can your friend not simply write you a check?  What is your friend doing with $5k of cash at a time?  How do you know he's not generating illegal income and using you to launder it for him?)  Were I your bank, you can be very certain I'd be reporting these transactions.  Just from this description, this seems questionable to me.   IRS seizes millions from law-abiding businesses"}
{"text": " As you can imagine, this company did not survive very long...  The business model for this type of software is normally based on subscription revenue, which is typically 70% of turnover. The company had subscription revenue of just 30% of turnover due to piss poor customer support, and it soon collapsed as the market was saturated, when there were no more gullible customers left.  The product still survives, but with just a handful of customers..."}
{"text": " \"&gt;I fucking hate it when I see another rich kid acting like they came from slums  Where did David Knopf claim he was from the slums? You got a source for that?  &gt;and worked their way up the ladder  How do you know he didn't? Life is a bell curve. Some people climb the ladder much faster than others. Some people may climb because of nepotism. Some people genuinely are better than most other people. You think everyone should rise up at the same pace? Move to Japan.  &gt;delusional twats much like yourself believe that you can earn anything with just some \"\"hard work bruh.\"\"  Not just hard work, but also talent. If everyone works the same amount, those who are more talented will *generally* have more success. Of course, some is subject to chance, some people have a head start, etc., but in general, that's the way that the world has proven to work.  &gt;About every successful silicon valley startup such as Microsoft, Facebook, and Snapchat were founded by kids with very prominent parents.  Yeah, Microsoft. K. So Bill Gates grew up with upper middle class parents. Know what? So did a fucking *huge* amount of people. Know how many are as rich as Bill Gates? Fucking none of them. He had a head start, absolutely, but that doesn't take away his success. He's done more with what he was given than any of his peers, and likely more than anyone regardless of beginning income level could do.   Zuckerberg's dad was a dentist. Upper middle class, but if you're *really* being honest with yourself, you'd realize that there are almost 200k dentists in the US alone, and yet there aren't 200k multi billionaires. Hm.   Sergey Brin, co-founder of Google, was the son of a professor who immigrated from Russia. Steve Jobs was the adopted child of two blue collar workers.  Of course, if we move out of just Silicon Valley, your narrative really, *really* falls apart, since Silicon Valley of course has a little bit of a lean towards the wealthy,  as computers aren't cheap and getting started in that arena requires the use of a computer.   [Take a look at billionaires in general](https://www.bloomberg.com/news/photo-essays/2010-12-06/twenty-billionaires-who-started-with-nothing). Most billionaires [did not inherit their wealth](https://www.forbes.com/forbes-400/self-made/#7d08bb1941cb). And, something like a [third](https://blog.adioma.com/wp-content/uploads/2013/04/from-poor-to-rich-billionare-infographic.jpg) of the richest billionaires came from 'poor' parents, in addition to simply not inheriting their wealth.  &gt;whats the fucking difference between someone who inherits their money and someone who practically has a trust fund?  A trust fund is a sort of an inheritance. I'm not sure why you're bringing this up?  &gt;Again he is not self made. He's just an extension of his parents achievements...  Source? I saw that someone who shares the name Knopf is wealthy (posted in this thread), but are those actually his parents? Do you have proof of that? Or are you just guessing that since he's made it to an executive position and shares the name of someone wealthy, that those are his parents? Further, *if* those are his parents, how does wealth from publishing transferring into a job at a consumer staples company work?  Why is your first assumption when you see someone successful that they had it handed to them? Why do you need to selectively choose a small subset of people (Silicon Valley startups) out of an already limited group (billionaires) to be able to even attempt to make your point?\""}
{"text": " My account is with Indian Bank, if that's relevant. Indian Bank already has SWIFT BIC. Is there any way I can receive such international transfers in my account if the bank branch itself is not SWIFT enabled? The Branch need not be SWIFT enabled. However the Bank needs to be SWIFT enabled. Indian Bank is SWIFT enabled and has several Correspondent Banks in US. See this link on Indian Bank Website Select USD as filter in bottom page. It will list quite a few Banks that are correspondent to the Indian Bank. Click on the Link and it will give you more details. For example with Citi Bank as Correspondent. In the Beneficiary account details fill in your account details etc and send this to the company and they should be able to send you a payment based on this."}
{"text": " Long-term bonds -- any bonds, really -- can be risky for two main reasons:  return on principal, or return of principal.  The former is a problem if interest rates are low (which they are now in the US) because existing bonds will fall in price if interest rates rise.  The second is a problem if the lender defaults: IOU nothing. No investment is riskless.  Short-term bonds command a lower interest rate than long-term bonds (usually) because of their quicker maturity, but short-term bonds carry risk just like long-term bonds (though the interest rate risk is lower, sometimes quite a bit lower, than for long-term bonds)."}
{"text": " I think the first step is to get an accountant whose advice you believe. Your accountant is far better placed to advise you on what sounds like a fairly complicated, fairly high stakes corporate arrangement than the internet.  I would go back to the accountant and get him to explain in writing what his specific advice is. If you still don't like it absolutely get a second opinion. You may also want to speak to a lawyer."}
{"text": " &gt; What exactly does Russia get from us, if anything, that they can't get somewhere else?  Food, capital and human capital.  &gt; And if they get something I guarantee Putin has found a substitute source  E.U. and the US produces some of the worlds best produce in terms of quality and quantity. Russia has no problem feeding their population. If they're cool with eating nothing but wheat and corn.  &gt; IMHO this is not as bad as the media wants you to believe.  Actually it's gonna be pretty fucking bad for the Russian people. They are already suffering from inflation and GDP stagnation from the previous years sanctions."}
{"text": " No time for random fights.   I'm busy creating jobssssss.  But snark aside.  How do you fill the gap between what people require to survive and what they actually get.   Clearly it's better for society as a whole that the indigent and poor be taken care of because the alternate is much more costly long term (for profit prison system yea!)  I would posit that you aren't going to do that by raising minimum wage.   It's not the long term course correction that we need.    While you probably have a picture in your mind of me being hard right cheering during Fox news broadcasts that would be incorrect.  I'm still pissed the DNC shafted Sanders during the primaries and we ended up with Trump as a direct result of their arrogance."}
{"text": " \"From the Times A Reader Q.&A. on G.M.\u2019s Bankruptcy Q. I own G.M. preferred shares. Should I be looking to sell them, or   hold on? I bought them at $25 a share when they were issued in late   2001. \u2014 Karen, Manhattan A. When a company files for bankruptcy, its various stock and   bondholders essentially get in line. The first investors to be repaid   are secured debt holders, then senior bond investors, followed by   subordinated debt holders. Preferred shareholders are next, and   lastly, holders of common stock. In a bankruptcy, preferred shares are usually worthless, much like   shares of common stock. But in the case of G.M., there may be some   good \u2014 or at least somewhat better \u2014 news. Most of G.M.\u2019s preferred   shares are actually senior notes or \u201cquarterly interest bonds,\u201d which   means you will be treated as a bondholder, according to Marilyn Cohen,   president of Envision Capital Management. So you will be able to   exchange your preferreds for G.M. stock (bondholders will receive 10   percent of the new company\u2019s stock). It\u2019s not the best deal, but it   beats the empty bag true preferred shareholders would have been left   holding. Of course this is just one example, and you were hoping to get some larger picture. The article stated \"\"In a bankruptcy, preferred shares are usually worthless, much like shares of common stock\"\" which at least is a bit closer to that, if you accept usually as a statistic.\""}
{"text": " \"This was purely an attempt to cash in on an overpriced fad.  \"\"Designer\"\" juices are a craze that leads people to buy insanely expensive exotic ingredients like fruits and vegetables, as well as spending hundreds apiece on blenders and different sorts of juicers.  In fact, this has driven up the price of those kitchen appliances very substantially.  There are juice bars selling designer juice blends for $12 a serving, each claimed to promote something such as memory, focus, deep thinking, concentration, relaxation, muscle tone, reduced anxiety, and more, all based on pseudo- or junk science.\""}
{"text": " \"You're probably looking at the [\"\"fan site.\"\"](http://eatcookout.com/about/) For some reason, cookout's actual site doesnt show up in google. Their location page is here: [cookout.com](http://cookout.com/index.php?option=com_location&amp;view=location&amp;Itemid=3)  Their MD location is:  Cook Out Salisbury, MD  1115 S Salisbury Blvd  Salisbury, MD, 21801\""}
{"text": " The idea of capitalism doesn't apply here along with any other natural rule of economics.  These are government jobs. Has zero to do with supply/ demand etc. and everything to do with what sounded good to a politician on that day.  A lot of good those teachers unions are doing them.... but they help vote in the unions favorite party members!"}
{"text": " I just returned from overseas and for the most part it isn't TSA thats the worst part its the other parts that get added on. In comparison if I fly through to another country in Europe my items are checked through, I'll wait 15 minutes to get my passport stamped and stand in line for my plane. If you land in America from international you have to wait through customs (I just waited 1.5 hours but I know thats not standard) then I had to get my bags and recheck them through the airline, and finally I had to go through security yet again except this time instead of having to take things out of my pockets I had to remove my shoes, take everything out of my pockets and then get a complete body scan (not sure how I feel about those yet though I know many on here hate them)   It really is just more inconvenient and seemingly unnecessary"}
{"text": " \"Nothing stops you doing that, but there's no gain to be had by doing it. \"\"Removing it from being a tax liability\"\" isn't a single event that happens when you put money in an ISA. The money that actually goes into the ISA is post-tax income, not pre-tax income.  The benefit you get is that as long as you leave your money in the ISA, you don't pay tax on interest or capital gains within the ISA. If you liquidate an ISA immediately after creation, you won't get any such interest and therefore no tax benefit.\""}
{"text": " So whoring ourselves out by charming men, great, lets not just be ourselves  I refuse I will be me if that is enough I don't give a damn  When exactly will women NOT be sex objects? Exactly when? And why do women do this, why did Madeline have to do this?  Come on, going to be a tough meeting, wear that nice little tight number to make the fellas happy NOT ME NOT ME  I WILL DIE FIRST"}
{"text": " \"I would say \"\"yes\"\" to your question.  CD's purchased from a bank on your behalf by your broker will be FDIC insured and safe.  However, be aware that no one is examining the broker except you to ensure that each CD is actually purchased from an FDIC insured bank.  Don't trust them blindly. See risks mentioned by the FDIC on the subject Remember, the broker should not originate the CD, so the broker's lack of FDIC protection is irrelevant.  The job of a broker is to buy things on your behalf.  If your broker does that appropriately and sticks with FDIC insured CD's, you will be insured. Given the risks and gotchas mentioned in the link, buying directly from a bank instead of through your broker still sounds like good advice to me but you can make your own decision based on your level of trust and aversion to inconvenience.\""}
{"text": " I am going to add in an opinion here from the Wall Street Journal that I read this morning in What's at Stake in the Greek Vote, in light of current events and elections in Greece. The article claims that if the election results make it sound like a break from the Euro is imminent then ... we will see a full-fledged bank run. Greek banks would collapse ... The market exchange-rate would likely be two or three drachmas to the euro, which would double or triple the Greek price of imported goods within a few days. Prices of assets, including real-estate assets, would crumble. Those who moved their deposits abroad would be able to buy these assets cheaply, leading to a significant, regressive redistribution of Greek wealth. In short, you'd lose two-thirds of your savings unless you were storing them somewhere safe from the conversion. The article also predicts difficulty importing goods (other nations will demand to be paid in euro, not drachma) leading to disruption of trade and various supply shortages.  I will note that the predictions here seem to be in opposition to some other advice here which suggests that real estate will be an effective hedge."}
{"text": " I think it's interesting that the other answers here all focus on the possibility of a software glitch or other unintentional error in the ATM behaviour.  Personally, I keep ATM receipts so that if I spot a withdrawal I don't recognise, it sways it in favour of being fraud (as opposed to memory failure) if I also don't have a receipt for it.  I also always withdraw the same amount and it is not one of the default amounts presented on the screen. Again, just a way to make any fraudulent transaction stand out on my statement."}
{"text": " I would use the withdrawal date to record, as it represents you no longer have these funds in your account whether you have written a check and/or transferred money you should count the funds as no longer being in your account."}
{"text": " \"It has little to do with money or finance.  It's basic neuroscience.  When we get money, our brains release dopamine (read Your Money and Your Brain), and receiving dividends is \"\"getting money.\"\"  It feels good, so we're more likely to do it again. What you often see are rationalizations because the above explanation sounds ... irrational, so many people want to make their behavior look more rational.  Ceteris paribus a solid growth stock is as good as a solid company that pays dividends. In value-investing terms, dividend paying stocks may appear to give you an advantage in that you can keep the dividends in cash and buy when the price of the security is low (\"\"underpriced\"\").  However, as you realize, you could just sell the growth stock at certain prices and the effect would be the same, assuming you're using a free brokerage like Robin Hood. You can easily sell just a portion of the shares periodically to get a   \"\"stream of cash\"\" like dividends. That presents no problem whatsoever,   so this cannot be the explanation to why some people think it is   \"\"smart\"\" to be a dividend investor. Yes, if you're using a brokerage like Robin Hood (there may be others, but I think this is the only one right now), then you are right on.\""}
{"text": " 1) Yes, buyouts are always higher than the trading price. 2) ANYTHING can be negotiated. There is no rule saying buyouts have to be higher."}
{"text": " Not to be a jerk, since I'm learning about options myself, but I think you have a few things wrong about your tesla put postion.  First, assuming it was itm or atm within a week of strike it would maybe be worth $12-15, I glanced at the 11/10 put strikes ~325 trades for $12.65 https://www.barchart.com/stocks/quotes/TSLA/options?expiration=2017-11-10  The closer it gets to expiry theta decay reduces put value significantly, the 325's that expire tomorrow are only worth $2.60.   Expecting TSLA to drop from 325 to 50 a share by Jan has a .006% chance of occuring according to the current delta. It's a lottery ticket at best.  _____ Lastly the $50 price is the expected share price at the date of expiry. The price you pay is 57c for the options. So in order to get to your 494k number TSLA would need to decline $50 dollars to a price of 275 a share. You wouldn't want to buy 50 dollar puts, just the 275 puts, provided it declines very quickly.   EDIT: I was looking at the recent expiration to get an idea of atm or itm prices, since it's not like you would hold to expiration. Also the Jan has a 0.6% chance of hitting 50, not .006%. That said what I've noticed when things start to slide is that puts have a weird way of pricing themselves. For example when something gradually goes up all of the calls go up down the chain through time frames, but puts do not in the same fashion. Further out lower priced puts won't move nearly as much unless the company is basically headed for bankruptcy."}
{"text": " Ch\u00fang t\u00f4i cung c\u1ea5p d\u1ecbch v\u1ee5 gi\u00e1 c\u1ea3 ph\u1ea3i ch\u0103ng thach cao gia re. Th\u1eadm ch\u00ed d\u1ecbch v\u1ee5 tr\u1ea7n th\u1ea1ch cao cong c\u0169ng r\u1ea5t tuy\u1ec7t \u0111\u1ed1i v\u1edbi b\u1ec1 m\u1eb7t, v\u00ec n\u00f3 c\u00f3 th\u1ec3 kh\u00f4ng c\u00f3 v\u1ea5n \u0111\u1ec1 g\u00ec khi k\u00edch ho\u1ea1t b\u1eb1ng th\u1ea3m tr\u1ea3i b\u1eb1ng \u1ed1ng mao m\u1ea1ch SMY, b\u1edfi v\u00ec k\u00edch th\u01b0\u1edbc nh\u1ecf c\u1ee7a \u1ed1ng mao d\u1eabn khi\u1ebfn th\u1ea3m r\u1ea5t linh ho\u1ea1t. \u0110\u00e2y l\u00e0 m\u1ed9t trong nh\u1eefng nh\u00f3m th\u1ef1c hi\u1ec7n t\u1ed5ng th\u1ec3 cao h\u01a1n cung c\u1ea5p d\u1ecbch v\u1ee5 th\u1ea1ch cao gi\u00e1 r\u1ebb, ch\u00fang t\u00f4i s\u1eed d\u1ee5ng v\u1eadt li\u1ec7u t\u1ed1t nh\u1ea5t, tran thach cao dep. M\u1ee5c ti\u00eau c\u1ee7a ch\u00fang t\u00f4i l\u00e0 ho\u00e0n th\u00e0nh s\u1ef1 h\u00e0i l\u00f2ng v\u1ec1 tr\u1ea7n nh\u00e0 v\u00e0 th\u1ea1ch cao \u0111\u00fang c\u00e1ch b\u1ec1n l\u00e2u."}
{"text": " If you buy, you also have to consider what others can afford to pay. If people are not going to pay more than 50k, why buying overpriced crap for 400k, which is going to be cheap in 5 years. Just rent out and wait for a deal or cheaper rent near-by."}
{"text": " If your criteria has changed but some of your existing holdings don't meet your new criteria you should eventually liquidate them, because they are not part of your new strategy. However, you don't want to just liquidate them right now if they are currently performing quite well (share price currently uptrending).  One way you could handle this is to place a trailing stop loss on the stocks that don't meet your current criteria and let the market take you out when the stocks have stopped up trending."}
{"text": " From March 26th to May 3rd FACE had an average trade volume of 11,657 shares. May 4th Bloomberg published its widely reported [article](http://www.bloomberg.com/news/2012-05-03/zuckerberg-s-facebook-ipo-will-make-him-richer-than-ballmer.html) about how the upcoming Facebook IPO would make Zuckerberg one of the richest people in the world. On May 4th, 212,000 shares of FACE were traded (an 18x increase) and the price jumped from 3.10 to 3.79, up 22%.  Maybe it's not that surprising, considering even news articles in [Yahoo! Finance](http://finance.yahoo.com/news/facebook-underwriters-1-1-percent-010320322.html) can't keep the companies straight.  Still, if you accidentally bought FACE it's not all that bad. In fact, [you're doing much better](http://finance.yahoo.com/echarts?s=FB+Interactive#symbol=fb;range=20120518,20120601;compare=face;).  Yes, FACE's 10-Q came out the previous day, but past 10-Q releases didn't result in any sudden increase in trading volume at all: [11/3/2011](http://finance.yahoo.com/echarts?s=FACE+Interactive#symbol=face;range=20111018,20111111;), [8/4/2011](http://finance.yahoo.com/echarts?s=FACE+Interactive#symbol=face;range=20110718,20110811;), [5/5/2011](http://finance.yahoo.com/echarts?s=FACE+Interactive#symbol=face;range=20110418,20110511;)"}
{"text": " \"Edgar Online has this information for companies under SEC regulations and they are reported in \"\"Form 4\"\" so that should help guide your search\""}
{"text": " ...ok, you understand that the board of directors don't collect all of the profit from a company, and that shareholders can sell stock, right?   It his honestly confusing to me that you have a problem with shareholders being given ownership in a company that is spun off from the company that they own."}
{"text": " That is such a vague statement, I highly recommend disregarding it entirely, as it is impossible to know what they meant. Their goal is to convince you that index funds are the way to go, but depending on what they consider an 'active trader', they may be supporting their claim with irrelevant data Their definition of 'active trader' could mean any one or more of the following: 1) retail investor 2) day trader 3) mutual fund 4) professional investor 5) fund continuously changing its position 6) hedge fund. I will go through all of these. 1) Most retail traders lose money. There are many reasons for this. Some rely on technical strategies that are largely unproven. Some buy rumors on penny stocks in hopes of making a quick buck. Some follow scammers on twitter who sell newsletters full of bogus stock tips. Some cant get around the psychology of trading, and thus close out losing positions late and winning positions early (or never at all) [I myself use to do this!!]. I am certain 99% of retail traders cant beat the market, because most of them, to be frank, put less effort into deciding what to trade than in deciding what to have for lunch. Even though your pension funds presentation is correct with respect to retail traders, it is largely irrelevant as professionals managing your money should not fall into any of these traps. 2) I call day traders active traders, but its likely not what your pension fund was referring to. Day trading is an entirely different animal to long or medium term investing, and thus I also think the typical performance is irrelevant, as they are not going to manage your money like a day trader anyway. 3,4,5) So the important question becomes, do active funds lose 99% of the time compared to index funds. NO! No no no. According to the WSJ, actively managed funds outperformed passive funds in 2007, 2009, 2013, 2015. 2010 was basically a tie. So 5 out of 9 years. I dont have a calculator on me but I believe that is less than 99%!   Whats interesting is that this false belief that index funds are always better has become so pervasive that you can see active funds have huge outflows and passive have huge inflows. It is becoming a crowded trade. I will spare you the proverb about large crowds and small doors. Also, index funds are so heavily weighted towards a handful of stocks, that you end up becoming a stockpicker anyway. The S&P is almost indistinguishable from AAPL. Earlier this year, only 6 stocks were responsible for over 100% of gains in the NASDAQ index. Dont think FB has a good long term business model, or that Gilead and AMZN are a cheap buy? Well too bad if you bought QQQ, because those 3 stocks are your workhorses now. See here 6) That graphic is for mutual funds but your pension fund may have also been including hedge funds in their 99% figure. While many dont beat their own benchmark, its less than 99%. And there are reasons for it. Many have investors that are impatient. Fortress just had to close one of its funds, whose bets may actually pay off years from now, but too many people wanted their money out. Some hedge funds also have rules, eg long only, which can really limit your performance. While important to be aware of this, that placing your money with a hedge fund may not beat a benchmark, that does not automatically mean you should go with an index fund. So when are index funds useful? When you dont want to do any thinking. When you dont want to follow market news, at all. Then they are appropriate."}
{"text": " \"I'll take an alternate route: honesty + humor. Say something like this with a smile and a laugh, like you know they're crazy, but they maybe don't know it yet. \"\"Are you crazy? Co-signing a loan can put us both in a lot of potential danger. First, you shouldn't get a loan that you can't afford/attain on your own, and second, I'd be crazy to agree to be liable for a loan that someone else can't get on their own. You want something bad enough, you get your credit rating in order, or you save up the money - that's how I bought (my car/house/trip to Geneva). I'd be happy to point you in the right direction if you want to put a plan together.\"\" You're offering help, but not the kind that puts you in danger. Declining to co-sign a loan can't damage your relationship with this person as much as failure to pay will.\""}
{"text": " Nitransfers - A USA Leading E-commerce Company. Buy Breast Cancer Products Online at the best price in Florida, USA. Our goal is to make the best heat transfers, that are easy to peel and will last longer than the garment you print it on."}
{"text": " \"I think that pattern is impossible, since the attempt to apply the second half would seem to prevent executing the first. Could you rewrite that as \"\"After the stock rises to $X, start watching for a drop of $Y from peak price; if/when that happens, sell.\"\" Or does that not do what you want? (I'm not going to comment on whether the proposed programmed trading makes sense. Trying to manage things at this level of detail has always struck me as glorified guesswork.)\""}
{"text": " As far as games are concerned, I've found that piracy is often easier and less time-consuming than using the original version. I know that I have personally bought games and then installed the cracked version so I didn't have to dig out the CD every time I wanted to play a game."}
{"text": " People were predicting a big market crash last year.  The fact is no one knows when it will happen, its really just speculation.  Yes, there will be a crash but when?  Idk, people say every 8 years from past history but who knows with all the technological advancements.  Plus the last real crash was 9 years ago (2008) when Congress rejected a bank bail out plan which caused mass panic."}
{"text": " You can withdraw the contributions you made to Roth IRA tax free. Any withdrawals from Roth IRA count first towards the contributions, then conversions, and only then towards the gains which are taxable. You can also withdraw up to $10000 of the taxable portion penalty free (from either the Traditional IRA or the Roth IRA, or the combination of both) if it is applied towards the purchase of your first primary residence (i.e.: you don't own a place yet, and you're buying your first home, which will become your primary residence). That said, however, I cannot see how you can buy a $250K house. You didn't say anything about your income, but just the cash needed for the down-payment will essentially leave you naked and broke. Consider what happens if you have an emergency, out of a job for a couple of months, or something else of that kind. It is generally advised to have enough cash liquid savings to keep you afloat for at least half a year (including mortgage payments, necessities and whatever expenses you need to spend to get back on track - job searching, medical, moving, etc). It doesn't look like you're anywhere near that. Remember, many bankruptcies are happening because of the cash-flow problem, not the actual ability to repay debts on the long run."}
{"text": " If I apply for a job at my hedge fund's PB, how likely is it that will come back to my firm through sales contacts and such? It's not a job within the PB business if it makes a difference. Do banks have policies against hiring from their PB clients? What about from S&amp;T customers?  This would be at the associate level if it matters."}
{"text": " 1) Because it's a law specifically to prevent exploitation of uneducated people with unskilled labor  2) Because everyone else who gets paid by the hour gets paid 1.5x for hours above 40/week  3) People in skilled positions who are paid per hour are paid 1.5x for hours above 40/week"}
{"text": " Sedation You should note that you will be under dental sedation (often via a local anesthetic) whenever you have a wisdom tooth removed, so it\u2019s best to prepare for it, preferably by bringing along someone who can drive you home after the procedure."}
{"text": " &gt; Are you fucking stupid or just retarded?  no. but you are.  US debt to GDP is now where the PIIGS were when they exploded.  https://fred.stlouisfed.org/series/GFDEGDQ188S  Yes. the war spending was a killer. (try to guess what Obama did with that war spending. Are you trying to say something?)  Just in case you miss military spending under Obama.  http://www.westernjournalism.com/no-the-military-has-not-withered-away-under-obama/  https://rogueoperator.wordpress.com/2011/10/21/obama-beats-bush-in-military-and-war-spending/"}
{"text": " I'm not speaking about what's happening. I simply don't know enough about these crazy things. But I speak in general. Man... no one likes the fruit punch lol.  Just because it goes against our cookie cutter nationalism or democratic spirit. But I think if everyone listens to their rationality... they'll find at least some of the things I mentioned to be spot on. And this realization can help us better use our political system. (Speaking to everyone broadly and not necessarily a reply to your comment...)"}
{"text": " It's still the purchase price or the price at which the shares are purchased or granted. This Investopedia article describes how the price is used for tax purposes: The amount that must be declared [for tax purposes] is determined by subtracting the original purchase or exercise price of the stock (which may be zero) from the fair market value of the stock as of the date that the stock becomes fully vested. Restricted stock awards are similar to stock options. The employer promises to grant the employee a certain number of shares upon the completion of the vesting schedule. The price at which the shares are purchased (or granted, if the price is zero) is the exercise price."}
{"text": " This. My partner is a highly skilled tech worker and we have slowly been coming up with a back up plan to leave if things get too crazy. I was born here and fully intended to die here but I have a chronic illness that could kill me and I'm scared. I know a few others who are doing the same."}
{"text": " Different goals, so different press release styles. People don't really associate Microsoft with hardware, so they need to establish themselves as a player in this market, where Apple was already set to get right into what their latest device does.  I wish them both success... The market is easily big enough for both, and competition benefits us as consumers. Surface looks cool, and is something I've wanted in the past (minus Windows 8), but if I got one, I'd still keep my iPad."}
{"text": " Yes, I think this is the general idea. We're going through a deleveraging. On the one hand, this isn't entirely a bad thing because the financial crisis showed some people were lending irresponsibly. A lot of bad loans were made and bad loans that don't get repaid cause a lot of havoc.  One the down side, like the original poster said this makes it seem like money is drying up. This has been a bigger problem in some places than other. A lot would argue, myself included, that the US has deleveraged relatively--and key word is relatively--smoothly. Other places, like Europe have not been so lucky."}
{"text": " I work for a boutique recruitment firm as a Marketing manager and I love it. I used to work as a back-end developer but later transitioned into front-end which led me into Digital Marketing.   I still get kicks when I read code. I am a programmer at heart and I love tech but I don't see myself ever pursuing it professionally. Programming is a chase down the rabbit hole."}
{"text": " I think you really have to ask yourself if its worth it, the risk/reward.  Can you trust a publicly traded company with your data in return for the analytics you can get back from them?"}
{"text": " I don't know of any financial account that offers that kind of protection. I'm going to echo @Brick and say that if you need that level of restrictions on the money, you should talk to a lawyer. Your only option may be to setup a trust. If you are willing to go with a lower level of restrictions on the account, a 529 plan could do the job. A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. It will be in your daughters name, and has the benefit of being tax advantaged, unless its used for non educational expenses. Since your daughter is a minor, there would have to be a custodian for the account that manages it on her behalf. The penalty for using it for non educational expenses might suffice to keep the custodian from draining the account, and I believe the custodian has a fiduciary duty to the account holder, which would open them up to lawsuits if the custodian did act in a way that was detrimental to your child."}
{"text": " This is the damaged goods (https://en.wikipedia.org/wiki/Crippleware) setting in economics. It makes perfect sense from the manufacturing point of view, since is damn expensive to have lines dedicated for different products.  I don't know if I agree with it, but it is good business to do so. Is the same principle of paying more to have a better seat in an airplane, is the same service but with better conditions and service."}
{"text": " \"While I'm sure there's some truth to the argument that unsophisticated retail investors index against the S&amp;P 500 thinking that they're tracking \"\"the market,\"\" I don't think it makes sense to steer the S&amp;P 500 in that direction to cater to that lowest common denominator. The *ad absurdum* conclusion of that course of action, of course, would be to abolish the S&amp;P 500 entirely and move those assets into the S&amp;P Total Market Index. But clearly there's value in having an index that tracks US large-caps with single share classes, just as there's value in having an index that tracks US large-caps in general.  As for whether it will be a loss for passive investors...it will be interesting to see how that pans out. Maybe good corporate governance and direct accountability by managers really do contribute positively to returns in the long run and investors will benefit from this change as a result. Or maybe this will result in companies with multiple share classes being undervalued and create an opportunity to earn outsized returns by investing in them, and indexes that omit those companies will underperform. Only time will tell.\""}
{"text": " First of all, I agree with both the conclusion in the question and Ganesh\u2019s answer \u2013 avoid funds or stockmarket based instruments, given the short timescale and need to draw an income. However I think looking at savings accounts only is missing a trick. At the moment there are several current accounts that pay >2% interest on balances the size of which you\u2019re proposing. The list of which accounts are offering which rates / conditions at which point in time will vary, so here is a link to a good source of regularly  updated information: https://www.moneysavingexpert.com/savings/savings-loophole  There are some conditions, but the best interest rate on offer (that isn't limited to one year) appears to be 3% \u2013 much better than the leading instant access savings account."}
{"text": " \"not a fan of Taylor swift, but this article is pretty silly. her beef is with her promotion style? that she says she is going to announce something on August 18th, and then proceeds to announce something on August 18th? like \"\"you were supposed to surprise me! the way you have promoted your record is so unoriginal\"\"... never mind what the album sounds like... her go-to-market strategy is so cliche!\""}
{"text": " \"Sure. But that's a massively different statement than \"\"his parents handed him the job\"\". There are tons of other kids who grew up in similar circumstances with similar advantages that aren't fucking CFO of major corporations at age 29. It's an incredible accomplishment regardless of his background.\""}
{"text": " Patience is the key here, I hate to say! There are five factors to FICO credit scores:  Payment history is adversely affected by late payments - so always pay on time, otherwise your report will be haunted for seven years! \ud83d\udc7b Credit utilization has to do with how much of your available credit is currently in use - lower is better, but 0% isn't good either because they want to see that you're using credit. 10% or less is a good goal, and try to keep any single card balance to 30% or less when its statement close date rolls around. Credit history is based on the average age of all of your accounts, cards or otherwise, the older the better. Don't close either of your other cards (because that would cause your average account age to fall), and make sure to use the store card at least occasionally, because lenders sometimes decide to close unused lines of credit. Credit mix has to do with the different types of credit you hold and is why your bank's website suggested taking out a loan. It also has to do with the number of accounts overall; I've never found a satisfactory answer for what the sweet spot is, but I suspect it's in the 6-12 range? You wouldn't want to get several new ones at the same time because... New credit is affected by the credit inquiries (hard pulls) that occur when you apply for new cards or loans. Inquiries stay on your report for two years before falling off. This is almost certainly where your score dropped. You also mentioned not knowing if some hospital bills are still affecting your score. You'll want to review your credit reports and find out, plus checking your credit reports regularly is a really great habit to get into because errors (and fraud) can and do happen. There are three credit reporting agencies: Experian, Equifax, and TransUnion, and you'll want to review all three. You can get one free report from each of them every year: https://www.usa.gov/credit-reports It can take a couple of months for a new credit account to show up on your credit report, so your score should recover and go even higher once that happens. Sit tight, as annoying as that is!"}
{"text": " It's also bad to create skewed incentives that result in the best candidate not getting the job.   Or should we have no feelings for the other candidates who apply?   Edit: Hypothetical situation. My wife gets a job in another city, and I also need to relocate. I currently have a job. I am the best candidate for a new job, but don't get it because of the proposed tax credit.   Not only have you created an incentive for the company to hire a second best candidate, which is bad for the company and its customers, but I am unable to relocate.   Bad policy. Economic engineering that sounds good, but is not the most efficient means of allocating resources."}
{"text": " Fun Fact Followup: The war on terrorism is directly correlated to increases in measures to follow money that isn't being claimed as income (aka laundered). The acts being instituted to prevent the funding of terrorism have made cash increasingly difficult to spend and made the tracking of earnings more of a priority."}
{"text": " Ya BK is definitely not the enemy here.  It was a smart business decision and if the US doesn't want to lost key businesses and industries to overseas they need to work with companies to come up with a tax structure that's realistic rather than charging damn near half for the top tier marginal rate and calling companies unAmerican for wanting to leave."}
{"text": " Where do you live that an apartment costs $1000 but the minimum wage is still the federal minimum? For example NYC is expensive, but they have a $11.50 minimum wage to compensate. San Francisco's minimum wage is $10.24. You'd have to be living in a big city for that kind of rent, but big cities have higher minimum wages.  As for childcare, $1000 also seems very high. A reasonable childcare center in most parts of the country should cost arond $400 or so.   http://childcare.about.com/od/costofchildcare/qt/daycarecost.htm"}
{"text": " credit cards are almost never closed for inactivity. i have had dozens of cards innactive for years on end, and only one was ever closed on me for inactivity. i would bet a single 1$ transaction per calendar year would keep all your cards open.  as such, you could forget automating the process and just spend 20 minutes a year making manual 1$ payments (e.g. to your isp, utility company, google play, etc.).  alternatively, many charities will let you set up an automatic monthly donation for any amount (e.g. 1$ to wikipedia). or perhaps you could treat yourself to an mp3 once a month (arguably a charitable donation in the age of file sharing). side note: i use both of these strategies to get the 12 debit card transactions per month required by my kasasa checking account."}
{"text": " Yes factor into your fund the cost of health insurance.  You basically have three options when facing a loss of income for 3-6 months: Pre-ACA the COBRA one was the default option many planned for because there was no need to change doctors. Of course many people were shocked how expensive it was compared to just looking at the employees share of the monthly premium. For planning you can do some research into the cost of one of the ACA approved plans in your state. Keeping in mind that the lack of income might qualify you for a subsidy. As to the coverage level, that would depend on your situation and the perceived gap. I have known many people who didn't have to pick COBRA until after the new job started so they knew exactly what they needed to cover and what their bills were during the gap."}
{"text": " It says Amazon has no profits (or very low profits) but the value of the company is very high and growing because of the high revenue. All of the returns to investors are in the form of increased share price which isn't realized or taxed until the shares are sold. This isn't a loophole. Anybody can run a business where they spend most of their revenue on operating costs and run on very slim margins with the goal of growing the revenue."}
{"text": " Many people have criticized the Groupon IPO model because it doesn't make sense as an investment, unless you are an insider with cheap shares. Basically, you have:"}
{"text": " &gt; Indeed, the most popular of the funds, the Barclays iPath fund, known broadly by its ticker symbol VXX, has since its inception averaged a yearly return of negative 58 percent, according to FactSet.  &gt; Or look at it this way: If an investor bought VXX when it came to market in 2009 and held onto it until now, that investor would have lost 99 percent of his investment.  perfect for /r/wallstreetbets !"}
{"text": " Suppose everybody stopped all economic activity right now. No more work for others, no payments, no trade in kind or otherwise. Would average wealth stay the same? Of course not. Economic activity is not a zero sum game. Most of our economic activity is organized in the form of companies. If the companies manage to make more profits by doing useful things more efficiently, or when they find new useful things to do for profit, then not only the company's value grows but also the sum total of all useful things produced in the economy. That means it's not zero sum. When stock prices go up, that is often because the companies really have become more valueable."}
{"text": " Andrew Lilico has a likely scenario for when Greece defaults on its sovereign debt: What happens when Greece defaults.   Here are a few things: Every bank in Greece will instantly go insolvent. The Greek government will nationalise every bank in Greece. The Greek government will forbid withdrawals from Greek banks. To prevent Greek depositors from rioting on the streets,   Argentina-2002-style (when the   Argentinian president had to flee by   helicopter from the roof of the   presidential palace to evade a mob of   such depositors), the Greek government   will declare a curfew, perhaps even   general martial law. Greece will redenominate all its debts into \u201cNew Drachmas\u201d or whatever   it calls the new currency (this is a   classic ploy of countries defaulting) The New Drachma will devalue by some 30-70 per cent (probably around 50 per   cent, though perhaps more),   effectively defaulting 0n 50 per cent   or more of all Greek euro-denominated   debts. As Megan McArdle says, there's more at the link, all depressing. I think you're focusing too much on Greece leaving the euro and not enough on why Greece would leave the euro. Greece would leave the euro precisely so that it could pay back its debt in a new currency worth less than valuable euros. The new currency will devalue, since that's the point of leaving. Along the way the government forces its citizens to take the new currency. The money they have in Greek banks will be converted to the new currency: The citizens don't have a choice to keep their euros."}
{"text": " \"I don't disagree that many times psychologists can exaggerate or even present fabricated claims about human behavior only in an effort to rack in some extra money.   HOWEVER, any close to normal person can see that there are a whole lot of people with serious issues that nobody mentions to them (or they themselves are afraid to acknowledge) because they don't want to deal with all of the drama.   Anyway, let's see how legitimate the (25% of americans suffer from mental illness) claim is.    1)http://www.samhsa.gov/newsroom/advisories/1201185326.aspx   \"\"A new national report reveals that 45.9 million American adults aged 18 or older, or 20 percent of this age group, experienced mental illness in the past year. \"\"  http://www.samhsa.gov/newsroom/advisories/1201185326.aspx  2) http://wwwapps.nimh.nih.gov/health/publications/the-numbers-count-mental-disorders-in-america.shtml  \"\"hen applied to the 2004 U.S. Census residential population estimate for ages 18 and older, this figure translates to 57.7 million people.2Even though mental disorders are widespread in the population, the main burden of illness is concentrated in a much smaller proportion \u2014 about 6 percent, or 1 in 17 \u2014 who suffer from a serious mental illness.\"\"   ...You can find countless studies like this online.   Now, obviously somebody is thinking about pointing out, at this point, that all of these studies were conducted by psychologists or psychiatrists only trying to validate their initial claims and ultimately for economic benefit. And, well--if you that's your argument, then yes, you are absolutely right that there is absolutely no way \"\"prove\"\" that the 25% statistic is correct.   And, just to be clear, the term \"\"Mental Illness\"\" in this case(according to the above studies) is really anything from anxiety, to depression, to schizophrenia, personality disorders, and even more social things like compulsive lying. Obviously, the definition is very broad and that is precisely why the statistic(25%) is so shocking.\""}
{"text": " \"I'd change my attitude a bit. \"\"I'm not very good with saving money, unless I know I need to.\"\"  If you could act as if you absolutely needed to save, but took the subsidized loan and set it aside, you'd have a good start.  As a student, it would be difficult to raise money the way an established working person might. A low interest credit card, a 401(k) loan, Home Equity Loan, etc.  If you feel it would be too tempting to set it aside, don't take it. Your question is fine, but the answer isn't financial, it's behavioral.\""}
{"text": " \"From IRS Publication 970 Tax Benefits for Education Note: Qualified tuition programs (QTPs) are also called \"\"529 plans.\"\"  Changing the Designated Beneficiary There are no income tax consequences if the designated beneficiary of   an account is changed to a member of the beneficiary's family. See   Members of the beneficiary's family , earlier.  Members of the beneficiary's family. For these purposes, the beneficiary's family includes the   beneficiary's spouse and the following other relatives of the   beneficiary. regarding ownership changes: Rollovers Any amount distributed from a QTP isn't taxable if it is rolled over   to another QTP for the benefit of the same beneficiary or for the   benefit of a member of the beneficiary's family (including the   beneficiary's spouse). An amount is rolled over if it is paid to   another QTP within 60 days after the date of the distribution. Don't report qualifying rollovers (those that meet the above criteria)   anywhere on Form 1040 or 1040NR. These aren't taxable distributions. Example. When Aaron graduated from college last year, he had $5,000 left in his   QTP. He wanted to give this money to his younger brother, who was in   junior high school. In order to avoid paying tax on the distribution   of the amount remaining in his account, Aaron contributed the same   amount to his brother's QTP within 60 days of the distribution. So it appears that as far as the IRS in concerned the rollover could be done to change ownership as long as the beneficiary was in the same family. It is possible that there could be a state tax issue with the change of ownership, if it changed from a plan in state A to one in state B; and state A treated the original contributions as a tax deduction. So check the guidelines for the specific 529 plan.\""}
{"text": " \"By \"\"basic public pension\"\" I assume you mean Social Security, which is pretty much the only quasi-universal pension-like thing in the USA.  If she has any other sort of pension (e.g., from a job) you'd need to get more specific info about that. As for Social Security, as described here: While you are working, your earnings will reduce your benefit amount only until you reach your full retirement age. According to the calculator on that site, if she is 65 now, her full retirement age would be 66, so if she retires after that age her SS benefit won't be reduced due to extra income. As described here, if she has considerable income apart from SS, she may have to pay taxes on her SS income.  This would not reduce her income, but means the benefit of her extra blog income would be reduced.  This page describes how to calculate your \"\"provisional income\"\" to determine whether SS benefits will be taxed.  According to that page: If your provisional income is less than $25,000 for single or head-of-household returns, or $32,000 for joint returns, then your Social Security benefits will not be taxed. Based on the numbers you gave, this suggests she would not incur an SS tax.  However, she should probably take a look at the Social Security retirement estimator and other tools on that site, if she hasn't already done so, to get a sense of what sort of income SS will be providing her. I'd suggest that she talk to a retirement planner and/or CPA to get a handle on what her finances would be like.  At the least, she should find someone knowledgeable about Social Security policies and tax issues in the USA.  As you say, you are unfamiliar with the way these matters work in the USA, so your ability to help her make financial decisions is limited.\""}
{"text": " How you use the metric is super important.   Because it subtracts cash, it does not represent 'value'.  It represents the ongoing financing that will be necessary if both the equity plus debt is bought by one person, who then pays himself a dividend with that free cash.   So if you are Private Equity, this measures your net investment at t=0.5, not the price you pay at t=0.  If you are a retail investor, who a) won't be buying the debt, b) won't have any control over things like tax jurisdictions, c) won't be receiving any cash dividend, etc etc .... the metric is pointless."}
{"text": " It seems very risky have all of your net worth in this one home. If I were to buy the house, I'm not sure I would put that much down, consider 20% and keep cash on hand, in retirement assets, etc. I would look at how much a mortgage, plus interest, taxes, insurance, etc. would cost with 50% down and with 20% down and see how that impacts your cash flow. Renting may make more sense, it's hard to tell without more specifics (NYTimes Rent/Buy calculator is a nice tool), but regardless, I would not want to have so much net worth tied into one asset and so would opt for less money down if I were to buy. Focus on rebuilding some retirement assets."}
{"text": " \"Certain parts of the black-scholes model [d2 and N(d2)] are sometimes used to predict default (Merton model).   Furthermore, using options on the firms equity, one can derive the implied volatility of them firm. This can also be reflected in the above (Merton model) to calculate the \"\"risk\"\" or volatility of the firm's assets.   Honestly there are numerous ways one can use the B/S model to price a variety of things. Did they say anymore more specific?\""}
{"text": " Well, don't turn the exception into the rule. Not everyone can make it into college, or make college work, or afford it. Not everyone can work 45 hours a week while going to school full time. For some people thats too much. Maybe they have kids. Maybe they have sick family members they care for, maybe they don't live on a bus route."}
{"text": " You have 2 out of 3 (income and good credit). That is usually a pass where I work. The job longevity may factor in if they are strict.   As for pay stubs, can you get a letter from your employer stating your start date and annual pay? Offer letters work just as well."}
{"text": " \"&gt;One, I'm married.  lol sure  &gt;Two, I'm considered fairly wealthy  Paying your mom 165$/month for the basement isn't \"\"considered wealthy\"\"  In any case keep sinking your money into the internet hilarity machine.  All the rest of us are having a hoot!\""}
{"text": " The Windfall Elimination Provision will possibly reduce your benefits from Social Security depending on how much money you receive as a pension from the TRS. Money that is earned toward your TRS pension will not have payroll taxes withheld, so it will certainly not count toward the calculation of your Social Security retirement numbers. Beyond that, this page from the Social Security Administration will help you calculate the impact on what you'll receive."}
{"text": " I am a freelancer based in Europe and I want to tell you: - if you are a freelancer, then you INVOICE your Swizzerland based client The word salary is improper. - So your client will DEDUCE the invoice from its taxes, and NOT pay income tax on top of that invoice. Because invoice = expense.  So, ONLY YOU pay income tax in India. Your client pays no tax at all, not in India, not in Swizzerland. As you are a freelancer and not employee, the company has no obligation to pay employer taxes for you. A company  has financial benefits from working with a freelancer."}
{"text": " Meh, it was probably a little of both the story and others I've seen call it a meeting that included a photo op with the president.  But I can see the logic there.  Not sure what principles you are referring to here.  But again, to each their own.  Everyone has their own set of principles.  They very rarely match up exactly with others especially across ideological lines.    I never said he should.  I said I was not surprised he didn't.  The real question is why should we care if he did or didnt."}
{"text": " \"Ordinarily a stock split increases all shareholders' share counts, so that there is no change in anybody's voting power.  For example, if you owned 1% of the company before the split, after the split you now have twice as many shares, but there are now twice as many shares outstanding, so you still own 1% of the company.  Also, stock splits are not ordinarily \"\"triggered\"\".  Usually they happen when the board decides that for one reason or another it's desirable to increase the number of shares in circulation, which causes the price of each share to decrease proportionally.   I'm not familiar with the show, and in particular I don't know what the action is that the character being addressed is thinking of taking, but it sounds like they are describing something akin to a \"\"poison pill\"\".  In these arrangements, the \"\"pill\"\" is triggered by some predefined condition, say a party acquiring shares in excess of a defined threshold.  What typically happens is that shareholders other than the ones who triggered the pill get a chance to buy shares at a substantial discount, thereby diluting the shares of the party that triggered it.  Because the other shareholders have to buy their additional shares, albeit at a discount, and because it applies only to certain shares, it's not really a split, but it's close enough that the writers of the show may have felt it was worth using the term that is more familiar to the public.\""}
{"text": " \"Don't know why you're being down voted here. If any one still thinks Trump was ever fit for office I'd personally be shocked. He's done so much more harm to America than good by being our president. Other countries laugh at us. America is a circus act and will remain so while he's in \"\"power\"\". I won't even say president because that just not the right term anymore imo.\""}
{"text": " \"There is no \"\"standard\"\" way for personal accounting.  However, GNUCash default accounts set includes \"\"Expense: Adjustment\"\".  It is usually used by the community for reconciliation of unknown small money lost.\""}
{"text": " Regardless of your thoughts on what was happening in late 2012, financial prices should not be used as the sole barometer of a recovery...this is why the Fed uses tons of macroeconomic data, not just that BAC has been up 20% in the last 6 months.   My point is if you are going to tout what seems to be a market timing model, where the authors are proud of the fact that the entire thing is data mined,  you need strong out of sample evidence (over a few business cycles) that it works.  Nothing here comes close"}
{"text": " On most of the consumer electronics it would not make much sense to get Insurance. Mostly these are not priced right [are typically priced higher]. IE there is no study to arrive at equivalent claim rates as in motor vehicle. Further on most of the items there is adequate manufacturing warranty to take care of initial defects. And on most it would make sense to buy a newer model as in todays world consumer electronics are not only getting cheaper by the day, but are also have more function & features."}
{"text": " I answered the first one, there is no time to train Americans in useful job skills because they are too busy with government schooling instead. As to the second question, I was being hyperbolic when I said 5-18 (school age). I do think teenagers could start to be trained in useful job skills, not prepubescent children though."}
{"text": " The Employee Benefits Security Administration within the US Department of Labor is tasked with keeping track of pension and 401K programs. The even have a website to search for abandoned plans: it helps participants and others find out whether a particular plan is in the process of being, or has been, terminated and the name of the Qualified Termination Administrator (QTA) responsible for the termination.  The Employee Benefits Security Administration discuss all types of details regarding retirement programs. This document What You Should Know About Your Retirement Plan has a lot of details including this: If your former employer has gone out of business, arrangements should   have been made so a plan official remains responsible for the payment   of benefits and other plan business. If you are entitled to benefits   and are unable to contact the plan administrator, contact EBSA   electronically at askebsa.dol.gov or by calling toll free at   1-866-444-3272. There are also EBSA offices spread thought the United States"}
{"text": " This is a scam. There is no soldier, no money ... This is a story to gain sympathy and make one part with Bank account and other details so that the scammer can make away with your money."}
{"text": " In my mind, when looking at a five year period you have a number of options. You didn't specify where you are based, which admittedly makes it harder, to give you good advice. If you are looking for an investment that can achieve large gains, equities are impossible to ignore. By investing in an index fund or other diverse asset forms (such as mutual funds), your risk is relatively minimal. However there has historically been five year periods where you would lose/flatline your money. If this was to be the case you would likely be better off waiting more than five years to buy a house, which would be frustrating. When markets rebound, they often do it hard. If you are in a major economy, taking something like the top 100 of your stock market is a safe bet, although admittedly you would have made terrible returns if you invested in the Polish markets. While they often achieve lower returns than equity investments, they are generally considered safer - especially government issued bonds. If you were willing to sacrifice returns for safety, you must always consider them.  This is an interesting new addition, and I can't comment on the state of it in the United States, however in Europe we have a number of platforms which do this. In the UK, for example you can achieve ~7.3% returns YoY using sites like Funding Circle. If you invest in a diverse range of businesses, you have minimal risk from and individual company not paying. Elsewhere in Europe (although not appropriate for me as everything I do is denominated in Sterling), you can secure 12% in places like Georgia, Poland, and Estonia. This is a very good rate and the platforms seem reputable, and 'guarantee' their loans. However unlike funding circle, they are for consumer loans. The risk profile in my mind is similar to that of equities, but it is hard to say. Whatever you do, you need to do your homework, and ensure that you can handle the level of risk offered by the investments you make. I haven't included things like Savings accounts in here, as the rates aren't worth bothering with."}
{"text": " \"I am at work now, so I will reply later.  **But this is especially for you, from today, [announcement from Trump](https://twitter.com/realDonaldTrump/status/897079051277537280?s=09): \"\"Now that Ken Frazier of Merck Pharma has resigned from President's Manufacturing Council,he will have more time to LOWER RIPOFF DRUG PRICES!\"\"**\""}
{"text": " \"Assuming no constraints on how much you can move (or how frequently) into and out of your offset mortgage account, the question becomes one of what rate of return you expect from your long-term savings/emergency cash fund. The rate you are getting from the offset mortgage account is known; since it reduces the principal amount owing and thus reduces interest charges, the return is the mortgage rate (though I would not be surprised if the offset mortgage account contract has bells and whistles reducing the effective rate, saying something like 3 pounds reduction of principal for every 5 pounds you put in). So, as a movie character once said, \"\"Do you feel lucky today?\"\"  If so, move money from your offset mortgage account to savings, and earn more.  If not, move money in the opposite direction. A \"\"guaranteed\"\" 2% return on the offset mortgage account might be better than taking a risk on the vagaries of the stock market, and even the possibility of loss in your long term savings account.\""}
{"text": " Here is the technical guidance from the accounting standard FRS 23 (IAS 21) 'The Effects of Changes in Foreign Exchange Rates' which states: Exchange differences arising on the settlement of monetary items or on translating monetary items at rates   different from those at which they were translated on initial recognition during the period or in previous   financial statements shall be recognised in profit or loss in the period in which they arise. An example:  You agree to sell a product for $100 to a customer at a certain date. You would record the sale of this product on that date at $100, converted at the current FX rate (lets say \u00a31:$1 for ease) in your profit loss account as \u00a3100. The customer then pays you several $100 days later, at which point the FX rate has fallen to \u00a30.5:$1 and you only receive \u00a350. You would then have a realised loss of \u00a350 due to exchange differences, and this is charged to your profit and loss account as a cost. Due to double entry bookkeeping the profit/loss on the FX difference is needed to balance the journals of the transaction. I think there is a little confusion as to what constitutes a (realised) profit/loss on exchange difference. In the example in your question, you are not making any loss when you convert the bitcoins to dollars, as there is no difference in the exchange rate between the point you convert them. Therefore you have not made either a profit or a loss.  In terms of how this effects your tax position; you only pay tax on your profit and loss account. The example I give above is an instance where an exchange difference is recorded to the P&L. In your example, the value of your cash held is reflected in your balance sheet, as an asset, whatever its value is at the balance sheet date. Unfortunately, the value of the asset can rise/fall, but the only time where you will record a profit/loss on this (and therefore have an impact on tax) is if you sell the asset."}
{"text": " I have a BA in Quantitative Economics. The only other two econ majors in my graduating class found GOOD work right away and 6 years later seem well onto their ways into a good careers. Same goes for one I knew the before us and one after. All but one of us had either a math or a stats minor.  I plan on returning to the industry later this year after teaching English abroad. Here is what I can tell you after reading tons of job postings and the experiences of my friends:  There is more demand now than ever, but demand is, as someone mentioned above, for a quantitative type. What I would like to say differently is that this doesn't have to be a deep mathematically based type of quantitative person like a quant. You could and should master the technology end of quantitative careers.  I strongly recommend taking a course that uses or teaches SAS for stats and/or SQL for relational database management. If you can get an internship in either of the two, especially the latter, then you should have numerous opportunities like a STEM major would. I would also reccomended learning some Python, especially for data science or management, and R, which is a programming language for data science. Anything else related to big data is good too.  The quantitative side of econ has been creeping into STEM for several years now and its respective career field should be viewed much more broadly than before.  Finally I'd like to share something I read on Gary Mankiw's blog a semester too late: test out various fields of work in econ while still in undergrad. See if you can get something quantitative like being a research assistant, something financial like investment banking, or something legal or political. Those categories might be a bit different today but I hope you got the point."}
{"text": " \"See \"\"Structuring transactions to evade reporting requirement prohibited.\"\" You absolutely run the risk of the accusation of structuring. One can move money via check, direct transfer, etc, all day long, from account to account, and not have a reporting issue. But, cash deposits have a reporting requirement (by the bank) if $10K or over. Very simple, you deposit $5000 today, and $5000 tomorrow. That's structuring, and illegal.  Let me offer a pre-emptive \"\"I don't know what frequency of $10000/X deposits triggers this rule. But, like the Supreme Court's, \"\"We have trouble defining porn, but we know it when we see it. And we're happy to have these cases brought to us,\"\" structuring is similarly not 100% definable, else one would shift a bit right.\"\" You did not ask, but your friend runs the risk of gift tax issues, as he's not filing the forms to acknowledge once he's over $14,000.\""}
{"text": " With the inclusion of mobility, industrial internet and cloud coupled with Industry 4.0 framework ITC Infotech\u2019s Supply Chain practice achieves transformational results for clients. A perfected mix of digitaligence, industry best practices and the latest supply chain and cloud solutions, helps reduce manufacturing lead times, increase asset utilization, streamline processes and facilitate better collaboration with partners and suppliers."}
{"text": " You could also start a business.  I ran a project called the Thousand Rand Challenge a few years ago in South Africa where we supported people in starting a business for about $100 each.  Some of them were surprisingly profitable. You can find a few ideas at the wiki site."}
{"text": " 1. Rebate  2. Bid-Ask spread  3. Tactically increasing/decreasing inventory based on their view of the market  4. Picking off idiot traders (OTC markets, basically not passing orders on to the market when the counterparty has a low performance history)."}
{"text": " people claim that these sites are scams  I would like to know which idiots or which website says so. And I would say you haven't done your research properly. At the bottom of the page you can see this, on IG's website, very important quote authorised and regulated by the Financial Conduct Authority Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority Secondly you go and check the authencity of the firm in question on this link. your money in, you might as well kiss it goodbye This might be true because they trade in products, which if you don't understand you will more or less will loose your money. N.B. I have an account with IG for the past 5 years and they haven't scammed me yet."}
{"text": " **Here's a sneak peek of /r/UrbanHell using the [top posts](https://np.reddit.com/r/UrbanHell/top/?sort=top&amp;t=year) of the year!**  \\#1: [Apartments in Hong Kong](http://i.imgur.com/SJMA1Jz.jpg) | [112 comments](https://np.reddit.com/r/UrbanHell/comments/4vgm63/apartments_in_hong_kong/)   \\#2: [Mirny, Sakah Republic, Siberia, Russia](https://i.redd.it/obmqkfmj8xty.jpg) | [56 comments](https://np.reddit.com/r/UrbanHell/comments/67p3xg/mirny_sakah_republic_siberia_russia/)   \\#3: [LA traffic this evening (x-post r/GIFS)](https://i.redd.it/keay1kp7qazx.gif) | [124 comments](https://np.reddit.com/r/UrbanHell/comments/5egyst/la_traffic_this_evening_xpost_rgifs/)  ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| [^^Contact ^^me](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| [^^Info](https://np.reddit.com/r/sneakpeekbot/) ^^| [^^Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/5lveo6/blacklist/)"}
{"text": " \"This is the best tl;dr I could make, [original](https://www.thefiscaltimes.com/Columns/2017/06/16/Trillion-Dollar-Plan-Rebuild-World-Makes-China-New-Global-Leader) reduced by 91%. (I'm a bot) ***** &gt; While most of the world wonders nervously what&amp;#039;s next from the Trump White House, the confident China President Xi Jinping is shifting his bid for global leadership into a full-court press.  &gt; Across the Pacific, China is busy making friends and partners out of neighbors once nervous about its buildup in the South China Sea.  &gt; Nothing illustrates China&amp;#039;s ambitious drive to take its place as a global leader more dramatically than Xi&amp;#039;s &amp;quot;Belt and Road&amp;quot; project.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6i275s/a_trillion_dollar_plan_to_rebuild_the_world_makes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~147457 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*: **China**^#1 **global**^#2 **us**^#3 **Trump**^#4 **Chinese**^#5\""}
{"text": " \"You can't run a business without making \"\"$$$\"\".   Good will and good intentions only go so far and they do not always equate to positive results. Capitalism rewards the positive results of proper decision making in the market place as businesses generate enough profit to allow them to stay afloat and expand, while those businesses that do not follow through with proper decision making reap negative results, fail and eventually go out of business. These are irrefutable facts which govern how capitalism works, i.e. success is rewarded, failure is punished and both of these results serve as lessons for all others in the marketplace who dare to heed these lessons based offered up by success and failure which are to be found in a capitalist economy.   So if the current market conditions dictate that allowing workers more free time, increased perks, etc will increase productivity and lead to success then it is only rational and reasonable for businesses to attend to the needs of their employees.   However if the costs of these perks begin to spiral out of control and/or are no longer relevant or favorable in the marketplace then cost cutting measures are needed to ensure that businesses are able to secure their profits and stay afloat. Those who do not rein in or alleviate these cost issues in their businesses will quickly go under as these costs eat out their bottom line and competitors move in to under-cut them in the market place. Nevertheless attempting to place some sort of emotional or political reasoning and judgment as to how and why businesses act in regards to cost cutting measures without first taking into account the reality of the circumstances in which they must operate in, i.e. having to make a profit in order to survive, is unreasonable and flat out childish.\""}
{"text": " \"Any kind of credit contract such as a mobile phone contract (could be SIM only or with a handset) would also help increase your number of accounts and demonstrate a track record of responsible management and repayments. If you have a Pay As You Go phone at present consider a SIM only contract with the same network, and if your parents currently pay for your phone consider if it would be worth switching it into your own name. Also make sure that you are registered on the Electoral Role at your permanent address and have at least a minimum payment direct debit set up on your credit card (even though you state you intend to repay in full) to make sure you don't forget a payment as this will disproportionately affect your score when combined with young age and few other accounts. Lastly ensure that you have a decent amount of \"\"head room\"\" on your rolling credit accounts like credit cards and aren't using more than 80% of the credit available to you through your monthly spending, if necessary by asking for an increased limit from your company (and then not using it).\""}
{"text": " because the market price for good investment advice isn't that low. investment advice is subject to market pricing just like any other good or service.  if you are good enough at investing that you seek increased volatility opportunities, you will have no trouble finding investors willing to give you a share of the upside without any of the downside risk."}
{"text": " The price doesn't have to drop 5% in one go to activate your order. The trailing aspect simply means your sell trigger price will increase if the current value increases (it will never decrease)."}
{"text": " \"Yes, CDOs certainly allow the investor to choose the tranche they want to invest in. As you said, lower risk higher priority tranches get paid first but also have a lower coupon rate. The higher risk lower priority (\"\"junior\"\" or \"\"mezzanine\"\") tranches pay last, if it all, but have higher coupons.\""}
{"text": " From what I've seen, balance is great. 10 hour days usually unless things get crazy. But the salary potential seems great too. 100k with bonus as an analyst/associate for 10 hour days seems like a great gig. Plus, you're reporting to the CRO which gives great visibility"}
{"text": " The cap loss can be used to offset future gains or $3000/yr of ordinary income. (I just used up the last of mine from the dot com bubble.) I hope you have future gains that let you use this up quickly.  The IRS debt is separate, and I don't imagine they'll let you use any of the loss to offset it. As always, it can't hurt to ask. Their normal payment plans are for 5 years. $40k/yr is a lot.  Edit - The IRS does negotiate. I recall, from the dot-com bubble, instances where someone exercised stock grants, but kept the shares. Now, they had a $1M gain, but after year end, the stock crashed. They owed tax on that gain, but the loss was in the next tax year, with nothing to offset. These people were 'regular' guys and gals, no background in finance. I understand the IRS looked at these people and made some exceptions."}
{"text": " &gt; Monetizing the internet outside of advertising would be a boon to the economy and jobs....people just can't see it.  Yeah of course it would be. No one is disputing that.  &gt; If everyone paid for things, you know like pre-internet...  Okay, junior, so how are we going to get people to pay for things?"}
{"text": " \"Only a Cuck would take the words of /u/AlwaysThoughtful over the claims of NeoNazi leadership. They even said \"\"we were not specifically condemned. That's good\"\".  When professional racists endorse Donald Trump, support Donald Trump, and want to work with Donald Trump... and he does nothing to condemn them (and walks back what little condemnation he publicly made on Twitter as \"\"they made me read a statement.\"\")... yeah. Definitely no connection there.   Trumptards really are the bots from Westworld. They can't see anything dear leader didn't program them to see.\""}
{"text": " All the manufacturers exporting things from China.  When they mention a supposed lack of consumer demand in the USA they fail to account for the heavy balance of payments deficit, [$124 billion in the last quarter of 2011](http://www.bea.gov/newsreleases/glance.htm).  If there's no demand, as the Keynesians claim, how come the US is buying so much stuff from other countries? There seems to be plenty of demand, the US is just unable to manufacture the products its citizens want.   The real problem is lack of production capability. The industrial base of the US has too many obsolete plants. And the companies cannot modernize with the current tax regulations, they are unable to depreciate those obsolete plants fast enough to build new ones that could compete with the foreign corporations."}
{"text": " So if you manage to save enough to have a $40k/year source of income, you would want to tax it heavily so they are forced into poverty for the rest of their retirement life?  I'd rather we just let people help themselves and not tax them into a bad spot so that we can help people"}
{"text": " My wife and I are both Canadian citizens living in the US with green card status.  I still have a Canadian RRSP and bank account in Canada that are dormant for the most part.  We use the Canadian debit card only when traveling (which is quite helpful). Neither of us file any paperwork in Canada anymore.  But as others have mentioned, we do file the FBAR form... this takes about 10 minutes and gets mailed somewhere in Michigan if I recall correctly.  (Keep the balance less than $10k total among all foreign accounts and you relieve yourself of this too.) As far as taxes go, we make less interest in our Canadian account than in our US accounts, so the tax burden is less."}
{"text": " You have no clue what you are talking about!  It's all natural progress of Retail.   When Sears sent its first catalogs, it killed most rural stores.   When Mr. Goldman invented the shopping cart, and Supermarkets were possible, it killed most grocery stores.  When department stores started, they killed most specialty stores.  When Amazon started, and on-line shopping, it killed all book stores and many other stores.  When 3D printers get fast and more versatile, the made-to-order will kill Amazon.  Etc, etc, etc..."}
{"text": " OK 40k vs 10k per year.   That's 120k in loans difference.  At 6% interest over 20 years that's roughly 200k (10k) a year to pay for school.  Do you really think most people will get 10k a year extra because they when to Berkeley instead of Iowa state?"}
{"text": " Why has no one reported on the declining market share of whole foods? Walmart was able to strategically target their customer and go after them. You'll never hear Walmart say this, but I secretly think they are celebrating this acquisition."}
{"text": " If anyone offers you guaranteed better than average returns, run. They are either lying to you or to themselves. (Claiming that they will try to beat the market is more credible, but that becomes a matter of whether there is any reason to believe that they'll succeed.) If anyone sends you an unsolicited stock tip, run. They wouldn't be doing so if it wasn't an attempt to manipulate you or the market or both. Most likely its a pump-and-dump attempt."}
{"text": " I used to trade power for a closed end hedge fund.   Yes, weather derivatives are very important.  They help power traders / utilities hedge for unaccountable variables, IE weather.  For example, lets say it costs a utility $50 an hour to produce power for the load when it is 80 degrees outside.  Lets say I trade the contract with them to guarantee the weather will be under 80 degrees.  If the weather is higher than 80 degrees, more people turn in their AC, the load on the grid goes up, and the utility has to start generating power at $70 an hour.    Under this contract, I would be liable to pay the utility the net difference in their cost (the additional $20 per hour they generate per mw).  In that case I am a loser.  If the power comes in under 80 degrees, I make money as I priced (sold) the contract at a premium according to the risk I calulated for offereing the contract.  This has many many applications, but yes, its not a weird thing to trade.  Hope this helps."}
{"text": " &gt;The US government debt is how much USD the government has paid the US non-government in excess of what it's taxed them. Correct?  Incorrect.  The US debt/savings is the balance of credit the US government maintains with US banks, and foreign sovereigns/banks.  Why do you need to say it another way?    WTF is 'non-government' savings?  Other than an academically retarded way of saying  'debt' of course?  Its not a bad thing...  unless interest rates rise.  But this time is different, so that'll never happen.  I'm sticking to my initial assessment.  Fairyland."}
{"text": " The staff of such companies should be highly experienced in their job and updated with latest developments and they should be aware of different kinds of garbage and, especially the hazardous ones.Moreover, they should be trained to deal with different kinds of hazardous substances Sydney and have the knowledge of the risks associated with them."}
{"text": " Willy Hicks Paving is the go-to resource for all paving services in Chester and the surrounding areas.We can help you with paving, seal coating, tar and chip, and so much more. Whether you\u2019re creating a driveway or need a parking lot, our experienced contractors can handle any size job.Call today for a free estimate on your next project!"}
{"text": " Actually, you're missing the key feature of CDOs.  Most CDOs use (much to our economic misery, ultimately) a system call tranching.  To simplify this idea, I'll make a two tranch example.  Suppose I buy mortgages covering a face value of $120,000,000.  Because they are subprime, if I just put them in a pool and finance them with bonds, the rating will be lousy and most investors will shun them (at least investors who are safety oriented).  What I do is divide them into two tranches.  One bond issue is for $100,000,000 and another for $20,000,000.  The idea is that any defaulting mortgage comes out of the latter bond issue.  I'll probably keep these bonds (the lower tranch).  Thus buyers of the first issue are safe unless defaults exceed $20,000,000.  Then the rating agencies rate the first issue AAA and it gets snapped up by investors.  In a strict sense it is overcollateralized, basically the entire $120,000,000 backs up the first bond issue. In reality, many CDOs had multiple tranches, with the lowest tranch being retained by the underwriters and the other tranches sold as bonds of various ratings."}
{"text": " \"It's an interesting point that leaves me conflicted. In some sense being poor also means you are not going to get the same education, or the same value from education made available to you.  On the other hand, education seems to be universally empowering, and therefore we try to make it universally available. If the same is true of various enhancements, should we not make them also universally available? For me the \"\"if\"\" is still too big.\""}
{"text": " \"The point is that you need to figure out when a \"\"business expense\"\" is actually just a personal purchase. Otherwise you could very easily just start a business and mark all of your personal purchases as business expenses, so you never have to pay income taxes because you're handling all of your money through the untaxed corporation.\""}
{"text": " Well sure, but instead of credit card receivables, car loans, etc, the underlying assets are other ABS/MBS/CLOs...so it's an order of magnitude more securitization. And those aren't happening anymore. ABS is definitely active though, and it's a good thing too!"}
{"text": " 1.) The majority of credit and loans do not go to publicly traded companies.   2.) Companies can and do trade commodities with paper.   3.) Can't keep up with all the crazy you are spouting.   Smart people lose their shirt in commodities all the time, it's not a fun place to play. If you really believe the majority of publicly traded companies are going to lose their value, then invest in them when they do. Money always has to go somewhere. Insurance, pensions, governments, businesses, don't like to just have cash sit there because nothing happens (you can point to Apple, etc but they're making acquisitions) anyways, they need to buy and sell and will always have to do it.   My last piece of advice, look up the Hunt brothers."}
{"text": " Should not be on economy.  It's essentially a opinion item slanted to the folks eliminating coal completly with no replacement plan in place. The anti coal plan was really putting in an acceleration of banning coal use while also flowing Down nuclear options and trying to destroy our natural gas production and transmission. That was what would have harmed the economy in a big way."}
{"text": " \"This actually works for some products, e.g. people are OK with paying a premium for \"\"fair trade\"\".  There are also \"\"buy one give one\"\" programmes where people pay an extra to feel good about their purchase. It works if you  have clear marketing.\""}
{"text": " Bermis Inc has a team of industrial electricians that can handle all of your electrical construction and maintenance needs.  This includes lighting retrofits, single equipment installs, full production lines to complete plant relocations and incoming service upgrades."}
{"text": " @foreverBroke - Ok, here are the questions - Is mom's house paid for in full? If there's any mortgage, is it current? If not, what are the numbers? Is it underwater, i.e. owe more that it's worth?  Will the tax department talk to you and negotiate? Maybe let you make payments over time? If you have that kind of cash flow, the slower payment may keep you from killing your savings.  We don't know your age. I do know that the early years savings, often around the first 8-12 years, are the funds that turn into half your final retirement savings due to compounding.  Obviously, this a tough time emotionally, what I don't want is for you to make a financial move that is a temporary fix. Not knowing the rest of the story limits my answer. If my mom needed my help I'd want to understand the whole picture.  Not that I'm a fan, but have you considered a reverse mortgage? It may be a way to keep the house but give up the equity, or some of it, on her moving out or passing."}
{"text": " No. Firstly I think that free market economic theories of healthcare are ungrounded because there is no such thing as consumer who can make properly informed customer.  And secondly, an economist can never understand the risks associated with healthcare because they will never have a patient die as a result of their decision making. Being an economist is a trivial job when compared to being a doctor. Losing money is not remotely the same as inadvertently causing a patient's death.  So they will never really understand the forces that motivate the healthcare economy."}
{"text": " Data mining + uber connections can land you in with a hedge fund. I would focus on being as social as possible, joining business clubs / connected fraternities and enrolling in CFA 1 to maximize your chances. A solid connection will get you further faster than anything else.   I'm going to say that the graduate classes you take won't be as relevant at the Msc at the end of your name."}
{"text": " &gt; A well functioning legal system is consistent with capitalism.  The only well functioning legal system consistent with capitalism is the one bought and paid for by corporations that lobby for laws favorable to themselves, and for the abolishment of regulations that protect workers and consumers and safeguard our economy."}
{"text": " After a 6% commission to sell, you have $80K in equity. 20% down on a $400K house.  5% down will likely cost you PMI, and I don't know that you'll ever see a 3.14% rate.  The realtor may very well have knowledge of the cost to finish a basement, but I don't ask my doctor for tax advice, and I'd not ask a realtor for construction advice. My basement flooring was $20/sqft for a gym quality rubber tile. You can also get $2/sqft carpet. I'd take the $15K number with a grain of salt until I got real bids. What's there now? Poured cement? Is there clearance to put in a proper subfloor and still have adequate ceiling height? There are a lot of details that you need to research to do it right.  That said, the move to a bigger house impacts your ability to save to the extent that you are taking too large a risk. The basement finish, even if $20K, is just a bit more than the commission on your home. I like the idea of sticking it out. Once the nanny is gone, enjoy the extra income, and use the money to boost your savings and emergency funds.  As I read your question again, I suggest you cut the college funding in favor of the emergency fund. What good is a funded college account if you have no funds to sustain you through a period of unemployment?  There's a lot to be gained in holding tight for these 3 years. It seems that what's too small for 5 would be spacious once the nanny is gone and the basement added. The cost of a too-big house is enormous over the long run. It's going to rise in value with inflation, but no more, and has all the added costs that you've mentioned. On a personal note, I'm in a large house, with a dining room that's used 2 or 3 times a year, and a living room (different from family room) that is my dog's refuge, but we never go in there. In hindsight, a house 2/3 the size would have been ideal.   Finishing the basement doesn't just buy you time, it eliminates the need for the larger house."}
{"text": " For a complete example, do a little research on Monticello MN FiberNet. The project took 7 years to get going, including a court battle. The incumbent ISP fought tooth and nail to stop competition.  Now you can get 30 mb up/down fiber for $50/month. Probably one of the best prices you'll find anywhere in the state. And that scares every shitty dsl provider around.  Source: Minnesotan, not from Monticello and currently paying $30/mo for 3/1.5 mb dsl and getting shitty fucking customer service.  edit: Android thinks I shouldn't curse."}
{"text": " \"This is the best tl;dr I could make, [original](https://aeon.co/essays/how-did-usury-stop-being-a-sin-and-become-respectable-finance) reduced by 96%. (I'm a bot) ***** &gt; So just when and how did most bankers stop seeing their work in moral terms?  &gt; In his Divine Comedy of the 14th century, the Italian poet Dante Alighieri put the usurers in the seventh circle of Hell; in the case of Reginaldo Scrovegni, one Paduan banker singled out by Dante, his son ended up commissioning a chapel painted with frescoes by Giotto to expiate the family&amp;#039;s sin.  &gt; So what would the Scholastics make of modern finance? Would they admire how efficiently a family&amp;#039;s savings can find productive uses? Or would they decry how developing countries pay more to borrow than rich ones? Would they marvel at our banks&amp;#039; international reach? Or would they condemn how poor people pay for banking services such as checking accounts that rich people get for free?   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6mhfiw/how_did_usury_stop_being_a_sin_and_become/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~164022 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*: **bank**^#1 **interest**^#2 **money**^#3 **usury**^#4 **people**^#5\""}
{"text": " Oh yeah.  I used to rent a room from my buddy for awhile.  He had an unused heated garage.  He decided to remodel it, ad a full bathroom and kitchenette.   This summer, he made $4500 per month on Airbnb rentals.  He no longer needs roommates.  This is only good for the few that have homes to rent out.  It is a good idea that has gotten out of control.  Airbnb has been and will continue to drive up rental prices.  The market can't handle these sort of price strains long term, it is simply not sustainable for the average Joe."}
{"text": " Real Estate potentially has two components of profit, the increase in value, and the ongoing returns, similar to a stock appreciating and its dividends.   It's possible to buy both badly, and in the case of stocks, there are studies that show the typical investor lags the market by many percent.  Real estate is not a homogeneous asset class. A $200K house renting for $1,000 is a far different investment than a $100K 3 family renting for $2,000 total rents. Both exist depending on the part of the country you are in.  If you simply divide the price to the rent you get either 16.7X or 4.2X. This is an oversimplification, and of course, interest rates will push these numbers in one direction or another. It's safe to say that at any given time, the ratio can help determine if home prices are too high, a bargain, or somewhere in between.  As one article suggests, the median price tracks inflation pretty closely. And I'd add, that median home prices would track median income long term.  To circle back, yes, real estate can be a good investment if you buy right, find good tenants, and are willing to put in the time.  Note: Buying to rent and buying to live in are not always the same economic decision. The home buyer will very often buy a larger house than they should, and turn their own 'profit' into a loss. e.g. A buyer who would otherwise be advised to buy the $150K house instead of renting is talked into a bigger house by the real estate agent, the bank, the spouse. The extra cost of the $225K house is the 1/3 more cost of repair, utilities, interest, etc. It's identical to needing a 1000 sq ft apartment, but grabbing one that's 1500 sq ft for the view."}
{"text": " I operate machinery and drive for work but if I was drug tested I would fail... Yet I am not stoned at work. Am I more dangerous than my Co worker who comes in hung over everyday still smelling like booze. I get stoned at night, eat some Cheetos and go to bed. Why is what I do in my spare time a concern. Marijuana stays in your system for like 30 days, just because you test positive doesn't mean you are stoned."}
{"text": " Yeah thats why you dont go to work under the influence thats kind of common sense i fail to see your point here. A guy who drinks beer at dinner shouldn't be hired ??  &gt;On the other hand, grades of individuals who moderated their use of alcohol and marijuana saw their GPA improve in subsequent semesters.  Yeah idk what your point is with this article either."}
{"text": " \"I think the other answers raise good points.  But to your question, \"\"How do I find an honest financial adviser\"\" ask your friends and family.  See who they talk to and confide in.  Go meet that person, understand what they do and how they view things and if you gel, great.  Honesty and strong ethics exist in individuals regardless of laws. What is it you're trying to accomplish?  You just have some money you want to put aside?  You want to save for something?  You want to start a budget or savings plan?  Your first step may be talking to a tax person, not an investment adviser.  Sometimes the most significant returns are generated when you simply retain more of your earnings and tax people know how to accomplish that.  You're just graduating university, you're just going to get your first job.  You don't need to hunt for the right heavy hitter 30% gains generating financial adviser.  You need to establish your financial foundation.  Crawl, walk, then run. There are some basics (that transcend international borders).  If you don't know much about investing, most (if not all) retirement and individual brokerage type accounts will give you access to some kind of market index fund.  You don't need to multinationally diversify in to high fee funds because \"\"emerging markets are screaming right now.\"\"  Typically, over a few years the fees you pay in the more exotic asset classes will eat up the gains you've made compared to a very low fee market index fund. You can open free accounts at a number of financial institutions.  These free accounts at these banks all have a list of zero commission zero load funds, all have something resembling an index fund.  You can open your account for free, deposit your money for free, and buy shares in an index fund for free.\""}
{"text": " \"I would use a \"\"virtual credit card\"\" which is basically a fake card that cannot be charged.  http://credit-card-generator.2-ee.com/q_virtual-credit-card-generator.htm\""}
{"text": " Often times the commission fees add up a lot. Many times the mundane fluctuations in the stock market on a day to day basis are just white noise, whereas long term investing generally lets you appreciate value based on the market reactions to actual earnings of the company or basket of companies. Day trading often involves leverage as well."}
{"text": " Corrupt country leaders will probably rape it dry for their personal gains. Next thing you know, the secretary of state is getting $100000 loan with 1 percent interest when the country national bank lending money to its people at 25% percent interest."}
{"text": " Yes, but it's *other institutional speculators* they are exploiting, as I made clear in my message. i.e. they prey on the people who prey on the small investors. The man on the street being upset about it is just completely stupid. It does not affect them one iota.  Also, it's worth pointing out that the amount of revenue generated by HFT is absolutely miniscule compared to all other forms of speculation. The return is somewhere around $1 for every $100,000 traded. So, even when a majority of trades in a market are HFT, a very small proportion of the profits are."}
{"text": " Uh...2017 MSRP for a Camry is [$23,070](https://www.google.com/search?q=toyota+camrt+price&amp;ie=utf-8&amp;oe=utf-8), [$22,455](https://www.google.com/search?q=toyota+camrt+price&amp;ie=utf-8&amp;oe=utf-8#q=2017+honda+accord+msrp) for an Accord, and [$27,110](https://www.google.com/search?q=f150+price&amp;ie=utf-8&amp;oe=utf-8) for a F-150. None are close to the $35,000 asked for a Model 3.  EDIT: I fucking love Reddit, where you get downvoted for posting *facts*! Can the Tesla groupies cool it and actually read what I am writing?"}
{"text": " But if it's possible, an example of it should exist, and it doesn't.  That Roman Democracy example?  The rich got so very rich at the end of the Roman republic that they could raise their own armies, and they did.  The strongest great-nephew was left standing.  It was a problem of too-great wealth accumulation; something that's happening now, and would happen without pause in the sort of society you envision.  Strongman.   The problem of monopoly exists in your libertarian paradise as well, but the definition of the society does not allow a solution.  We have trust busters; at least we have in the past and so can envision having them in the future.  Those violent deaths in what you call anarcho-societies were a feature, not a bug.  How would your envisioned society settle differences?"}
{"text": " Networking encompasses many types of devices and there are now better or cheaper competitors to Cisco in each category. Off the top of my head there's Juniper and Huawei for routers and switches, Palo Alto Networks for firewalls, and F5 and Citrix Netscalers for load balancing. Physical gear aside, more and more networking functionality can be handled through software instead of dedicated hardware as well. Companies like Facebook and Google design their own networking equipment and have it contract-built as well.  There's also a war going on between the old guard enterprise tech companies where they're poaching each others territory in search of growth. Cisco makes (good but pricey) blade servers while HP makes networking equipment, etc.  Cisco's far from dead but they're no longer a growth company and need to stay nimble if they want to survive. Fortunately they do seem to understand the current environment and announcements like this should ensure their future."}
{"text": " Partnerships don\u2019t work out unless you clearly define the roles and relationships, hence why most partnerships fail (I usually cringe when I hear partnerships). Also a background check never hurts (think citizenship ID cards). Having a good lawyer helps as well.  I think demonizing an entire country/ethnicity for the failure of your partnership is misguided, but that\u2019s usually how our thinking defaults to when we\u2019re stressed like this. Being emotional is not a trait of good business acumen. Would it make you feel better if you were being lied to by Brits,Indians,Israelis,Nigerians,etc?   You having lived in China for over 10 years should have taught you that there is a get rich quick mentality over there. Hopefully you didn\u2019t put too much money into this venture. I would definitely look into what they are doing in China. Are they break any laws over there? Is your business in compliance with import/export controls in China &amp; US? Is this business relationship still salvageable or should you just walk away?  Most people are not cut out for starting their own business. You might also need to support your wife in the infant stages of this enterprise or hire someone as her assistant. Looks like you have A LOT of work/discussing/brainstorming/debating with your wife before you even get into it with the partners."}
{"text": " I don't do this at all, but it's the internet, so hey, why not?  According to the IRS, penalties and fines are only non-deductible when they are paid for actual violations of laws/regulations.    So what crushedbyadwarf said is probably correct.  The penalty/fine reduces their income, and they become entitled to a refund on the tax they paid on that income.  It's still a questionable tax treatment of the penalty/fine."}
{"text": " \"He's pretty much correct now though. You either have to pick one of the few fields that will guarantee high pay in the future, or work a trade instead.  Any \"\"lesser\"\" degree is literally worthless now because everyone has them.\""}
{"text": " \"Before anything, I see that no one mentioned the one thing about 401(k) accounts that's just shy of magic - The matching deposit. In 2015, 42% of companies offered a dollar for dollar match on deposits. Can't beat that.  (Note - to respond to Xalorous' comment, the $18K OP deposits can be nearly any percent of his income. The typical match is 'up to' 6% of gross income. If that's the case, the 401(k) deposits are doubled. But say he makes $100K. The $18K deposit will see a $6K match. This adds a layer of complexity to the answer that I preferred to avoid, as I show with no match at all, and no change in tax brackets, the deferral alone shows value to the investor.) On to the main answer - Let's pull out a spreadsheet -  We start with $10,000, and assume the 25% bracket. This gives a choice of $10,000 in the 401(k) or $7500 in the taxable account. Next, let 20 years pass, with 10% return each year. The 401(k) sees the full 10% and after 20 years, $67K. The taxable account owner waits to get the 15% cap gain rate and adjusts portfolio, thus seeing an 8.5% return each year and carrying no ongoing gains. After 20 years of 8.5% returns, he has $38K net. The 401(k) owner on withdrawal pays the 25% tax and has $50K, still more than 25% more money that the taxable account. Because transactions within the account were all tax deferred.  EDIT - With respect to davmp's comment, I'll offer the other extreme -  In his comment, he (rightly) objected that I chose to trade every year, although I did assign the long term 15% cap gain rate, he felt the annual trade was my attempt to game the analysis. Above, I offer his extreme case, a 10% return each year, no trade, no dividend. Just a cap gain at the end. The 401(k) still wins. I also left the tax (on the 401(k)) at withdrawal at 25%, when in fact, much, if not all will be taxed at 15% or lower, which would put the net at $57K or 30% above the taxable account final withdrawal.  The next issue I'd bring up is that the 401(k) is taken out at the top (marginal) tax rate, e.g. a single filer with taxable income over $37,650 (in 2016) would save 25% on that 401(k) deduction. Of course if the deduction pulls you under that line, I'd go Roth or taxable. But, withdrawals start at zero. Today, a single retiree has a standard deduction ($4050) and exemption ($6300) for a total $10,350 \"\"zero bracket\"\" with the next $9275 taxed at 10%. This points to needing $500K in pre tax accounts before withdrawals each year would get you past the 10% bracket. (This comes from the suggestion of using 4% as an annual withdrawal rate).  Last - the tax discussion has 2 major points in time, deposit and withdrawal, of course. But, the answers here all ignore all the time in between.  In between, you see that for any number of reasons, you'll drop from the 25% bracket to 15% that year. That's the time to convert a bit of money to Roth and 'top off' the 15% bracket. It can happen due to job loss, marriage with new spouse either not working or having lower income, new baby, house purchase, etc.  Or in-between, a disability put you out of work. That permits you to take money out with no penalty, and little chance of paying even the 25% that you paid going in. This, from personal experience with a family member, funded a 401(k) with 28% money. Then divorced and disabled, able to take the $10K/yr to supplement worker's comp (non taxed) income.\""}
{"text": " \"&gt;&gt; reducing regulation &gt; You do know that monopolies and mega corporations are bad for consumers  Reducing regulations is FIRST(!) to help small business, because only big companies can handle regulations. Please study economics first.  &gt;&gt; killing the PTT  &gt; Debatable at best.   Really? The TPP is still alive and will be voted and accepted by the USA under Trump? Yes or no?  &gt;&gt;killing NAFTA  &gt; See above.  Really? Does president Trump support NAFTA, yes or no? Does he act against NAFTA, yes or no? Do you honestly think that NAFTA will continue unchanged under Trump, yes or no? **Best question, is NAFTA, signed by Clintons, a good thing, yes or no?**  &gt;&gt;reducing immigration  &gt; Well, there's actually pretty strong evidence that increased immigration has a net positive impact on an economy.  Absolutely not. Legal immigration of qualified people is Ok, but they take jobs from Americans who are as qualified as them.  Trump is not against immigration!!!! He's against illegal aliens  who are criminals, uneducated, religious crazies, etc. There's zero benefit to the USA and economy from those people.  &gt;&gt; investing in infrastructure  &gt; I guess this depends on the type...  Does Trump invest in infrastructure and has big plans to invest in it? Yes or no. No stories please.  &gt;&gt; pulling out from wars (Syria)  &gt; When was the last time bombing a foreign country was used as a strategy for pulling out of a war?   Under Obama, 8 years, constant war with MORE countries and places. Yes or no?  Under Trump, he killed the CIA \"\"program\"\" to \"\"support the \"\"rebels\"\" against Assad\"\". Read about it, but not on fake-news MSM channels, where you won't find it.  Under Obama, the war in Syria and the disastrous \"\"Arab Spring\"\" started ONLY BECAUSE the USA did not support the strong leaders tyrant Arabs have. Arabs are not ready for democracy. In the case of Syria, which I am extremely familiar with, under Assad and his father, Christian, majority Sunni and even Jews and Druze were safe and the Assad(s) did not hurt them. Assad is in power because he's part of the 20% minority Alawites (most secular Muslims you can find) which the majority Muslim Sunnis (the craziest of the Muslims) want to kill. So, instead of support Assad, the USA actively supported the \"\"rebels\"\" who are far worse than the Alawites.  And I don't want to discuss ISIS with you which is only because of the actions of the USA.\""}
{"text": " Yes, nepotism is rampant everywhere, but these examples are not comparable to the likes of Samsung. Samsung is a large portion of Korean GDP. East Asian corporations do nepotism in a way that Trump could only dream. This has a lot to do with modern Confucianism."}
{"text": " \"First of all you do not \"\"co-sign a car\"\". I assume what you mean by this is that you co-signed a loan, and the money was used to buy a car. Once you signed that loan YOU OWED THE MONEY. Once a loan exists, it exists, and you will owe the money until the loan is paid. If you do not want to owe the money, then you need to pay back the money you borrowed. You may not think \"\"you\"\" borrowed the money because the car went to someone else. THE BANK AND THE COURTS DO NOT CARE. All they care about is that YOU signed the loan, so as far as they are concerned YOU owe the money and you owe ALL of the money to the bank, and the only way to change that is to pay the money back.\""}
{"text": " \"This arrangement is a scam to get around certain tax and benefits laws, both State and Federal. I know they can't get away with this with a person-as-contractor, but this \"\"he's not a contractor, he's a business owner\"\" may move it into a gray area. (I used to know this stuff cold, but I've been retired for a while.) The fact that they asked you to do this is at all is, IMNSHO, a Red Flag\u00ae. They think that this way they won't be paying 1/2 your FICA, your Workman's Comp, health insurance, overtime, sick leave or vacation time ... you will. A somewhat simplistic rule of thumb for setting contracting rates is to take your targeted annual salary as a full-time, full-benefits employee and double it. So $50,000 becomes $100,000 a year; $25/hour becomes $50/hour. You can tell them that driving to their workplace from your company's location is now a \"\"site visit\"\" and charge them your hourly rate for the one-way commute time. You could also tell them that your company charges 150% for hours worked over 40 hours/week, plus 150% on Saturdays and 200% on Sundays. Your company may also have a minimum 30 days notice of termination with a penalty kicker. Get it all in writing and signed by someone who has the authority to sign it. Also, Get A Lawyer. The most expensive contracts I've ever signed were ones I thought I was smart enough to draw up myself.\""}
{"text": " \"The definition you cite is correct, but obscure. I prefer a forward looking definition. Consider the real investment. You make an original investment at some point in time. You make a series of further deposits and withdrawals at specified times.  At some point after the last deposit/withdrawal, (the \"\"end\"\") the cash value of the investment is determined. Now, find a bank account that pays interest compounded daily. Possibly it should allow overdrafts where it charges the same interest rate. Make deposits and withdrawals to/from this account that match the investment payments in amount and date.  At the \"\"end\"\" the value in this bank account is the same as the investment. The bank interest rate that makes this happen is the IRR for the investment...\""}
{"text": " \"No.  It's mainly because:  1. Immigration is allowed in large numbers, especially of white collar people, who are willing to work for less.  2. Outsourcing to foreign countries, cheap labor.  3. Any idiot can finish high school and get a bachelor degree from college, so there's no shortage of \"\"qualified\"\" people.  4. Robots and AI doing the work of many people, and will even much work, instead of people.  5. Companies have to pay and give more \"\"benefits\"\" to employees, so they are reluctant to hire and simply can't pay so much. It's more than $10,000 a year in health benefits for each employee in the USA.\""}
{"text": " \"&gt;&gt; You have the same problem with soybeans (Geraldes Castanheira, 2013), it's a problem with production that affects all agriculture.  &gt; You aren't getting it. Animals don't grow out the ground like plants do. You need to grow plants and then feed them to the animals to grow. The very first sentence in the soy article you sent me is \"\"The increase in soybean production as a source of protein and oil is being stimulated by the growing demand for livestock feed...\"\". You cannot win an efficiency fight in this, in the same way you cannot win an argument saying it is more efficient to create wine than it is to create grapes.   I think you didn't understand what I was pointing out. Burning down rain forest to clear land for livestock or burning down rain forest to grow soybeans for human consumption cause the same problems.   The problem is with burning down rain forest, not what you use the land for.  As I pointed out earlier we don't have an efficiency problem for food, we're not going to tell people to stop drinking wine as it's more efficient to just eat the grapes. We could also use the land to grow food for people but I've seen very few people passionately argue that people should stop drinking wine.  &gt;&gt; The point is that we can double the earth population without running out of food, and then we can add another 40% in the US by simply not throwing away the food, then we can optimize land use, and not all land is suitable for growing crops so we get more food by using it for meat.  &gt; Arguing to continue proven damaging behaviours because we can \"\"afford it\"\" is trying to rationalize illogical behaviour, its like saying I can smoke because I'm still young and then when I'm older I can increase my healthy food intake and exercise to offset it.   But eating meat isn't the problem, as I've illustrated above. The problem is fossil fuels and unsustainable agricultural practices, which are the same even if people go vegan.  &gt;&gt; An optimized scenario includes meat as not all land is suitable to farming, and you have seafood and wildlife.  &gt; An optimized scenario is purely plant based. That land you speak of that is not suitable for farming - it may provide physical space to house the animals, but where is the food the animals need to grow coming from? Don't even get started into ocean depletion and what we've done to that resource. And why move on to wildlife if we have no requirements for meat in the first place?  An optimized scenario is definitely not purely plant based. Would you just ignore the truly vast resources of the oceans? We can use those in a sustainable way and they provide huge amounts of food. Should we ignore huge tracts of pasture/rangeland unsuitable for farming like mountainous terrain, hills, plains with thin soil, heath, etc.? Of course we shouldn't.  This is getting a bit circular, I don't think we'll get much further in trying to debate this. I thank you for a good exchange.\""}
{"text": " My mortgage is with WF. I want to get away from them. I'm going to try to move in a year or two, and then I'll make sure I never touch them again.  I have an account with a credit union. I'll be transferring everything over to there."}
{"text": " Depending on your income/savings level and who you work for (if you work for a big company check with an HSBC Premier advisor, they may waive the requirements), you may qualify for an HSBC Premier account, which can allow you to open accounts in different countries and transfer money between them without a fee. You can also get a Premier account without meeting the requirements if you are willing to pay a monthly fee, but I doubt that will be worth it in the long run for what you need (worth doing the math though if you travel frequently).  NOTE: There may be similar offerings from other banks, but this is just the only one I'm aware of."}
{"text": " \"He got an applause break at the republican convention for saying \"\"I am gay, and I am a republican.\"\"  I cannot imagine, in the year of Berniemania, an applause break for saying \"\"I support lower corporate tax rates, and I am a democrat\"\" at the democratic convention.  Though I guess stranger things have happened.\""}
{"text": " **Richard Feynman**  Richard Phillips Feynman (; May 11, 1918 \u2013 February 15, 1988) was an American theoretical physicist known for his work in the path integral formulation of quantum mechanics, the theory of quantum electrodynamics, and the physics of the superfluidity of supercooled liquid helium, as well as in particle physics for which he proposed the parton model. For his contributions to the development of quantum electrodynamics, Feynman, jointly with Julian Schwinger and Shin'ichir\u014d Tomonaga, received the Nobel Prize in Physics in 1965.  Feynman developed a widely used pictorial representation scheme for the mathematical expressions governing the behavior of subatomic particles, which later became known as Feynman diagrams. During his lifetime, Feynman became one of the best-known scientists in the world.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"text": " \"USPS doesn't receive any taxpayer money.  Not entirely true:  http://usgovinfo.about.com/od/consumerawareness/a/uspsabout.htm  \"\"The USPS does get some taxpayer support. Around $96 million is budgeted annually by Congress for the \"\"Postal Service Fund.\"\"\"\"  Even so, they obviously don't know how to manage money efficiently.  A few years ago, the usps web apis went down for 3+ weeks.  If this happened to a non-government organization, they probably would have gone out of business.  Here is an interesting article about medicare:  http://www.smartmoney.com/retirement/planning/how-to-treat-medicares-problems--and-yours-1306871486889/  an excerpt: \"\"Medicare will start running out of money in 2024\"\"  My point still stands.  I don't trust any government to run a service that my life will ultimately depend on when they can't even manage simple services without running out of money.  Have you ever been a part of a government-run organization?  They get an allotted amount of money to use per year.  If it's not used, guess what happens?  They get less money the next year.  So the logical conclusion for most of these organizations is to spend all of the money they get, even if it's wasteful.   Everyone on the left seems to want to increase taxes, but there's absolutely no thought put into accountability.  This is why to me, it feels like stealing.\""}
{"text": " TRAVEL GUYS ONLINE provide to travelers with a vast range of accommodation and flight options. We allow them to make an informed judgment by comparing prices and facilities of different hotels. We also provide adventure tour, you can Book Cheap adventure tour on our website. Through our website you can get pictures of hotels and rooms, information on prices and deals, reviews by travelers,  etc., making it a lot easier for people to make bookings."}
{"text": " How is everyone doing in their day to day lives?  What is affordable and what is not?  Often I find myself reading news that I find is disconnected from my reality.  Unemployment numbers are good. I am employed,  yet I can't help the feeling that many are getting the squeeze, especially amongst my peers; the new reality of employment being less livable than previously.  Perhaps too much zerohedge?  Housing is expensive,  saving for retirement seems futile?  Stocks are seemingly very expensive?"}
{"text": " diamonds are intrinsically worthless -- and therefore have quite little resale value It may be true that De Beers has a near monopoly on diamond supply, but they are still a scarce resource, so their supply is still very limited.  They do have resale value - that's one reason why diamond jewelry is stolen so often. There's just not a huge secondary market for diamonds that I know of (unlike cars, for example).  You can sell diamond jewelry at pawn shops or online brokers, but you probably only get a fraction of their retail value. They are not intrinsically worthless.  They do have value in the industrial sector as powerful cutters, although synthetic diamonds are much more prevalent in this market.  Their value in industry is much lower than their worth as jewelry. Think about gold - it does not have a monopolic supplier but it still has a relatively very high value."}
{"text": " \"Short answer - matching your firms stock record or box to the records of a depository or fund family. Any differences are referred to as \"\"breaks\"\" and need to be resolved promptly otherwise action like covering or moving to suspsense are required.   There are rules surrounding suspense, that may be valuable reading.  Let me know if you have any specifics or want more detail. I made a few assumptions but that is the broadest view of a firms asset reconciliation (FINRA passed some recent rules that take this even deeper into \"\"firm\"\" accounts).\""}
{"text": " It's important to understand that, in general, security transactions involve you and a relatively unknown entity with your broker standing in the middle.  When you sell through Schwab, Schwab needs to receive the funds from the other side of the transaction.  If Schwab gave you access to the funds immediately, it would essentially be a loan until the transaction settles after funds and securities change hands.   If Schwab made funds available to you as soon as they were received, it might still be two days until the money is received; because the other side also has three days. Guaranteed one day settlement would have to include receipt of funds from the buyer in one day and Schwab can't control that. You need to remember this transaction likely includes at least one party in addition to you and Schwab.  Here's the SEC page related to the three day settlement period,  About Settling Trades in Three Days:  T+3"}
{"text": " Calling insider trading theft is a pretty big stretch. I think it should remain illegal as it's not great for markets and undermines investor faith, if the people that bought stock from this guy wanted the stock they would have gotten it anyways."}
{"text": " \"Another thing that insurance companies try to do with these types of vehicles is to promote the \"\"cash value\"\" of the policy. The longer you participate in the policy, the more your cash value goes up (assuming the investments perform reasonably well). The selling point is that at any time you can take out part of that cash value without impacting your insurance policy. A lot of people see that benefit as being the same as either putting the money in the bank or investing it, when actually they could do better if they did either of those things themselves. One true advantage of the whole term policy is that if you should fall on hard times and are not able to work, the premium payments can be taken out of the cash value. That way even if you can't make the monthly payments, the insurance policy basically pays for itself. I actually experienced this myself many years ago after I lost my job and had some health issues. I was out of work a long time, but my life insurance never lapsed. That in itself made it worthwhile for me.\""}
{"text": " \"My family instilled in me early on that hard work was important, and the output of that work was its reward. My grandparents really made in impression with me about telling the truth and being fair (probably after I was busted for lying and cheating about something) -- I remember my grandfather talking about the solem trust associated with shaking hands over something. I remember opening a savings account at school on bank day and being really excited about the interest accruing... but my folks never really allowed us to spend it on toys or other stuff. I didn't really think about money at all until I was probably about 10 or 11, when I started watching \"\"Wall Street Week\"\" on PBS with my dad on Friday night and bombarding him with dozens of questions. Then games like Sim City really got me going... my grandmother was always amazed that I was talking about bonding construction projects. I think that before 10 or so, kids needn't concern themselves with money, but should understand responsibility, the rewards that come from working hard, and the consequences for not doing so.\""}
{"text": " \"That right there is one of the most dangerous things that I think I have ever read. Google, has turned evidence over to the NSA and FBI numerous times even without warrants. Look at their TOS; you will see that you are allowing them to do that. Google is one of the most horrendous companies when it comes to \"\"your\"\" privacy. Microsoft has taken the US government to court more times involving their user's privacy and protection. Granted they are all about the monopoly, so there's that. Apple has an impressive history of telling the FBI to suck it.  When it comes to cloud-based security, one of the best roads to go down would be creating your own, if you can.\""}
{"text": " \"The curriculum is effectively 99% identical year by year. If you do a Google search for the changes by year, the CFA Institute will post changes in the \"\"Learning Outcome Statements.\"\" However, I believe when you register for the exam, you have to buy the associated books. But you can safely browse old books if you want to explore more before making the plunge.\""}
{"text": " Reminds me of last winter when two girls knocked on our door to shovel snow. I asked how much. They said $20. I pay $50-75 since I have a huge driveway (circular on one side and a regular driveway on to another street. I asked if they were sure because that is a lot of driveway. They say yes. I say, you got a deal and I'll give you $30 and you only have to do one of the driveways.  Look down 20 minutes later and they found out how hard it was and called their dad and he was stuck doing most of it. Very shitty job and they walked all over the snow on the other driveway making it even harder to shovel. Laughed a lot but had to pay a professional to clean up their mess."}
{"text": " Simply NO, you can NOT be put in prison for unpaid debt in America!! However, if you commit a crime to earn wealth, you can be put in prison for that."}
{"text": " &gt;In the economic sense, investments really has nothing to do with capital or business investments then does it?   Congratulations, you just figured out why monetarists and Keynesians are wrong.  What actually matters is the quality of the investments that the money is making. An excess of currency won't create growth if the currency is invested in a derivative contract, since this is a zero-growth investment. A shortfall in currency won't always kill the economy, if rational investments are made (2nd half of the 19th century in the United States).  On the other hand, [infrastructure](https://www.fhwa.dot.gov/policy/otps/060320a/forum.cfm) generally offers a much higher return on invested capital than the private market. So you see China's economy growing quickly for several decades due to investing in the right class of assets.  This is the same thing the United States did to become an economic superpower:  https://www.quora.com/What-is-the-American-school-of-economics  https://en.wikipedia.org/wiki/American_School_(economics)  https://en.wikipedia.org/wiki/American_System_(economic_plan)"}
{"text": " Thanks!! That's so kind of you. Luckily my boyfriend and I are quitting together, so we're able to support each other. This weekend will be hard because we're going to a wedding with friends who smoke. But we've already talked about strategies and code words to get us out of situations that might pressure us and that kind of thing."}
{"text": " Your employer pays the expected (but estimated) taxes for you. So the chances are you don't own more; but that might be different if you have other sources of income that he doesn't know about (interest on savings or a side-job or whatever). Also, you could have deductions that reduce the taxes you owe, which he again doesn't know, so you overpay. If you don't file, you don't get them back. Most tax software companies offer free usage of their tool for standard filings, and you can use it to find out your tax situation, and then buy the tool only when you want to file. If you use one of those, you can type in all your data, and depending on the result, decide to buy it and file right away. Note that if it turns out you owe taxes, you must file (and pay), but of course you can do it manually instead of buying the tool. If it turns out you get money back, it is your decision to file - you probably don't care for a small amount, but if you get 1000 $ back, you might want to file - again, buying the software of doing it manually."}
{"text": " No it isn't crazy; healthcare is just product like any of myriad products you consume on a daily basis. Sure, some products and services are more important than others and have plenty of room for charity and not-for-profit providers. But saying it's crazy to seek profit on those things is absurd."}
{"text": " Also, you need to figure out what sort of comparable data to use that would be best. Meaning, will you have to use just call report data or are there some publicly traded banks your size that would be good matches? I assume you'll have plenty of publicly traded companies to use. I would suggest listening to the latest earnings calls too. The analysts that asks questions of the CEOor cfo are focusing on meaningful topics that might give you ideas. For example, they may ask about energy concentrations or other issues that are meaningful in today's environment."}
{"text": " Please expanded on your reasoning and which side you are defending (pro-DACA or anti-DACA). Allowing it to remain is a slight to legal immigrants and should have gone through Congress in the first place. That being said, to remove those here presently is far to costly of an idea to entertain, both monetarily and politically. Therefore a middle road is the route that must be taken... and that requires active, and most importantly constructive, discussion. My first comment is purposely broad for this reason. Please detail a better solution that works for all parties."}
{"text": " Family of immigrants here. Working hard and earning it has absolutely nothing to do with it. That kind of comment absolutely denotes the complete ignorance most people have of the process. The factors that matter, like where you were born and luck have nothing to do with the applicant. The thing you have to do are 1) be patient (sometimes to the tune of 20 years) and 2) be able to follow an arcane process to the letter."}
{"text": " The way to do this is to make your best offer and let the seller and his/her agent do the negotiation between them. If you try to build in the discount in your offer, you will come across as cheap."}
{"text": " It was actually meant to be more of just a joke comment. But it doesn't take very many successful billion dollar lawsuits to justify $10 million a pop.  Personally I think that part of the patent reform solution is that patents are non-exclusive; however, licensing must be set up before use including free licensing if the owner wants to public domain it. If the two parties can't agree to terms then it goes to a arbitrator to set the the licensing fees which is binding. The arbitration will take into account the research and development costs required, likelihood of the same thing being independently created, estimated profits from products using the patent, etc.  Of course the core issue is granting patents for silly stuff but since the ones already in existence are presumably grandfathered in I think enforcing market driven licensing fees is the best way to prevent all of the dumb lawsuits going on. The patent holder gets its money or maintains market advantage if the licensing fee is so high that no one wants to pay it and it doesn't prevent competition from using other another party's patented ideas."}
{"text": " \"JoeTaxpayer nailed it.  Here's another way to look at it: Generally, we invest in something, then might leave it there for a few years, then take it out, but don't touch it in between.  In that case, to get the final amount X(N), we need to take the initial amount, then multiply by growth in the first year, then multiply by growth in the second year, etc. So, for three years, we have: X(3) = X(0) * G(1) * G(2) * G(3) = X(0) * \"\"average annual growth\"\" ^ 3 So, here, we see that we want the average annual growth to the power three equal to the product of the annual growth rates, thus, geometric mean: geometric mean = (G(1) * G(2) * G(3)) ^ (1/3) On the other hand, consider a situation where I have three investments X,Y,Z over one year. Now I have, after one year: X(1)+Y(1)+Z(1) = X(0)*G(1,X) + Y(0)*G(1,Y) + Z(0)*G(1,Z) = ( X(0)+Y(0)+Z(0) ) * \"\"average annual growth\"\" Now, in this case, if we assume X(0) = Y(0) = Z(0) = 1, i.e. I put equal amounts in each, we see that the average annual growth rate we want in this case is the arithmetic mean: arithmetic mean = (G(1,X) + G(1,Y) + G(1,Z)) / 3 (if we had unequal amounts at the beginning, it would be a weighted average). TL;DR:\""}
{"text": " Yes, you can open a Trading Account at one place and a Demat Account at another place. Therefore you can open Trading Account at Sharekhan and Demat Account at OBC. However, it would be more convenient for you if both the accounts are opened at the same place which would reduce unnecessary work after every transaction."}
{"text": " At-will state or not, I would make it a point to tell him I voted for Obama, and when I got fired this email plus my response would be pretty good grounds for a case. You can't fire someone for being gay in an at-will state, and you can't fire them for their political beliefs. What he did wasn't illegal, but he set himself up for an easy trap from a litigious employee. No one ever said he was smart though, he did some asinine things with his mansion."}
{"text": " Trickle down economics / tax structure have been repeatedly shown to not work as well as progressive taxation for the health of the overall economy. Poor people don't save, give them money and it comes right back putting us all to work."}
{"text": " I am sure when that happens, a lot of local Californians will be happy.  And, I am surprised how people are OK with letting foreign investors come in and manipulate the local economy.  Well....I guess the ones who see their home values double/triple are probably happy about it."}
{"text": " Funds can be a issue for most nowadays, as well as on-line poor credit fiscal are getting to be popular in an effort to spend on unanticipated as well as high priced economic circumstances. Absolutely no credit check needed poor credit fiscal like fast cash advance are mainly utilized by people that perhaps have been hit by the recent economic climate and are unable to afford unanticipated expenses as well as application auto repairs."}
{"text": " Agreed that the CEO is lame and only in it for himself in the meantime.  But regardless what Lampert does, he has lost billions on Sears already just over time and his recent actions will just recoup a small fraction of it.  There is no way he's going to make back his investment.  What I don't see how in this economy that most of those locations would be rentable to boutiques that pay more when all it's doing is throwing more retail space onto a market deluged with retail space.  Some locations maybe, but many are old and away from the action in the meantime.  For instance, many of the closed Kmarts, part of Sears, at least five near me are either still empty after 3-5 years or occupied by something that definitely doesn't pay the same rent, like indoor storage units or indoor paintball arenas and whatnot."}
{"text": " Let's start from the premise that the mortgage is something you will have anyway because you need it to live (as opposed to say getting a bigger mortgage initially in the expectation of paying it down faster than scheduled). In that case I think paying down a mortgage certainly is an investment; one with a well-defined interest rate and maturity that depends on the precise terms of the mortgage. For example I have a (UK) mortgage that's fixed for the next two years at about 5%, and allows overpayments of \u00a3500 per month, which can be withdrawn at any time. So I treat those overpayments as equivalent to savings with quite a nice interest rate, especially since mortgage interest isn't tax deductible and so I actually get the full benefit of that interest rate."}
{"text": " To my knowledge, there shouldn't be a limit on the amount you can receive as a gift, and gifts are not considered income to you; they are not taxable for the recipient.  Depending on the size of the wire transfer, it may be reported by the bank to the government, but there is no limit, and it should not be a concern to you.  (I don't think that $2500 is large enough to be reportable anyway.) Having said that, this might be a good question to ask your international student advisor at your school to make sure he or she agrees. There is a very similar question on Avvo.com (a legal question-and-answer site) that agrees: Limit to transfer money to students on f1 visa."}
{"text": " Yes, the US dollar is the standard for all global trade - IMF driven  And China has been going for that title for the past decade and this is a very smart and tactical way to do it  If this goes through, gold &amp; oil might become really good place to be. The US has been in a supply run and kept the price of oil low.  Things are changing quick..."}
{"text": " What's to prevent a leaner, meaner competitor from coming into the market and out-competing a PBC that isn't focused on offering the best product for the lowest price? It seems nice, but unsustainable for any single business as long as they don't have a monopoly on the market they're in."}
{"text": " I recommend that people think for themselves and get a multitude of counselors.  The more you understand about what drives the prices of various assets, the better. Getting to good advice for a particular person depends on the financial picture for that person.  For example, if they have a lot of consumer debt, then they probably would be better off paying off the debt before investing, as earning 5% (say) in the stock market year over year will be eaten up by the 18%+ they may be paying on their credit cards. Here's a starter list of the types of information that would be better to have in order to get fair investment advice."}
{"text": " The best partnership agreements cover all contingencies often referred to as the 5 D's:  death, divorce, drugs, disinterest, and disability.  Most do not, however, which makes them such a mess. I was an employee of a firm that went through this, and it is not pleasant from anyone's perspective.     Of course you don't have that option now. Your best bet is to talk to a lawyer and find out your options.  For example, would it be best to form your own company and do the same thing?  Would it be best to give your partner double as your legal fees are likely to be higher then the inflated value?  Could you offer a one time fee and revenue over time in lieu of the one time buy-out?   It is likely to get ugly, and one thing that contributes to this is the emotional turmoil that your partner's family is going through."}
{"text": " People thought they were being responsible by getting their degree in the first place and are unable to find a job afterward. Do you think their lacking the ability to repay huge loans with no income is them being irresponsible?"}
{"text": " Ok ok - that's a fair statement. I'm just comparing to the last two we've had - which were decent (previous finance internships, in finance related clubs at school, very good universities). In fact the one we had last year I actually didn't have to supervise by the end of the summer (gasp!)."}
{"text": " The basic idea is that if you start buying prenatal vitamins and pregnancy tests, it's kind of weird if target sends you a coupon booklet that is 99% baby stuff.  Idea being post pre-natal vitamin and pregnancy test purchase, you send a circular with some baby ads, and some stuff like, toilet paper and shampoo.  So the consumer doesn't realize that they have been pegged as obviously pregnant/trying by their local target shopping patterns."}
{"text": " That isn't how it works, and that's definitely not the way it should work for either business or personal taxes. A business is free from taxes only if they have made a net loss over the year. This is **very** different from simply having less cash at the end of the year than at the beginning. A business could have less cash if they bought assets, paid off debt or any number of reasons and still pay taxes. On the other hand, they could end up with *more* cash at the end of the year than they began it with and still be free from taxes, as long as they made a net loss for the year. The cash balance has nothing to do with whether they pay taxes or not."}
{"text": " \"So you're making $150,000 per year and you have $245,000 in debts. You're in your late 30s and have $41,000, or less than 1/3 of a year's pay, put away for retirement. That's a bad situation, but not disastrous. Lots of people have recovered from far worse. But like the old joke goes, when you realize that you're deep in a hole, STOP DIGGING. The worst thing you could do right now is liquidate the few assets you have and go deeper into debt. I don't know where you live or what the housing market is there. But the easy answer is: find a cheaper house.  I'm not sure what you mean about \"\"affect the resale value\"\". Yes, if you buy a cheaper house it will have a lower resale value. So what? The days when a house was an investment that would skyrocket in value are over. (And even in those days, it didn't help most people. So when you move, you get a big profit on the sale of your house. But the house you're moving to probably went up by a similar percentage, so you really didn't gain anything.) Even if your house did increase in value, unless you sell it, that doesn't help you make the mortgage payments. It's a paper profit. Get yourself out of debt. Step 1 is to stop taking on new debts. And if at all possible, you should be putting bare minimum 6% into your retirement plan. I don't know where you work, but most employers match some percentage of the first 6% you put in. If you don't take advantage of that, you're giving up free money.\""}
{"text": " The finance sector is comprised of such enterprises as banks, investment funds, insurance companies and real estate. It is traditionally contrasted with what has been called the 'real economy' because funds created and utilized in this sector produce neither goods, services or fixed capital. The unproductive nature of transactions can easily be seen in such things as real estate. When a company undertakes to build a house or whatever its input goes directly to the labor and goods necessary for such a project. At its worst the financial sector mobilizes funds not just for production but for simple acquisition. Should a company raise the funds to buy an already existing building or the mortgage on same quite obviously nothing is produced. Same building on day one as when it was owned by another.   That, of course, is an extreme example as are corporate takeovers via private equity. In that case the efforts of the financial sector are not just non-productive but are often in fact ''anti-productive'' as they destroy or prevent the use of real factors of production. This 'anti-productive' action was demonstrated on a massive global scale during the last financial crisis.   The basically parasitic nature of the financial sector isn't always so blatant. There are some that argue that its 'services' can be valuable to the real economy. Perhaps, but that has to be determined on a case by case examination **and** while keeping the idea ''is there a better way to do this** in one's mind."}
{"text": " I would suggest following your quote and having a read of the web page supplied, that buys then sells or sells short then buys (the same security on the same day) four or more times in five business days, ... So it is a two way transaction that counts as 'one'."}
{"text": " \"McDonalds has some more expensive items, but their \"\"Dollar Menu\"\" is ridiculously popular and supposedly a huge draw.  They've been trying to get rid of it for years because it's really hard to get anything decent for $1, but it's just too popular to cut.  (According to the random articles I've read about it.)  Other places don't really have anything like it.  At McDonalds you can get two $1.xx cheeseburgers and fill up pretty good for the cost of going to a vending machine.    While I very rarely go to any of these places, I do not agree that food is bad.  Tastes are subjective and what you get used to eating tastes good to you.   I remember that I used to absolutely love Taco Bell.  Then - after a few years of not going there - I went there and found everything to be absolutely disgusting.  But for a time, I thought it was the best stuff out there and there are a lot of people who like so called \"\"fast food\"\".  I do think the overarching point is true; customer tastes are fluid.  In the past 10-ish years, we've come to see a lot of \"\"gourmet\"\" burger places spreading like wildfire, for example.  But as long as fast food is cheap, they will continue to fill the market for cheap food.\""}
{"text": " \"Still at it there, eh Richard, you troll. Why is it that you now have to resort to spamming every possible venue you can find? No need to answer as that was a rhetorical question.  The reason he is spamming reddit is because hundreds of his former \"\"clients\"\" are out tens of thousands of dollars and his already garbage reputation is now completely trashed.  It's only a matter of time before his past catches up to him. Karma is a bitch, Richard, and you've got a lot of it coming your way.\""}
{"text": " We have skill in sympathetic your business supplies and customize monetary solutions that suit your needs. So, if you desire to develop your business, buy added raw textile or stocks, or repay other luxurious debts or operating cost, our modified business loans will help you fulfill your dreams and aspirations."}
{"text": " \"I've just received my first Credit Card statement from HSBC. All I can say is all the information you need is there. It's really easy to pay off your credit card bill just have to read the instructions! Here are the bank account numbers and steps how to set up a standing order (as it was written in my statement): \"\"Standing Order/ bill payment Pay a fixed amount to your HSBC Bank Credit Card using the following information: Type of Card Card     ------------------------  Number Begins   ----Account Number MasterCard: HSBC Bank and Welsh --- 543460 ----------------29004734 Visa: HSBC and Welsh ---------------------454638 ----------------09003649 Gold Visa ---------------------------------------494120 ----------------69005161 Remember, if payments are made using the wrong card details, sort code or account number, they may be delayed or not applied.\"\" hope it was helpful\""}
{"text": " Linear Title has pulled together a powerful executive team of real estate and financial services professionals who, working in conjunction, contribute to the vision and drive that has made Linear Title a leading company in the title and closing industry.Linear Title President and CEO Nick Liuzza attended LSU, where he studied business and marketing. Before joining Linear Title, he successfully led two companies, thus gaining the experience he would later bring to his position at Linear Title, where his passion,"}
{"text": " There are many things that can make a company's share price go up or down. Generally, over the long term, the more consistently profitable a company is the more its share price will go up. However, there are times when a company may not be making any profits yet but its share price still goes up. This can be due to forecasts that the company will start making profits in the near future. Sometimes a company may report increased profits from the previous year but makes less than what the market was expecting it to make. This can cause its share price to fall, as the market is disappointed in the results. In the shorter term greed, fear and speculation can make a company's share price move irrationally. When you think the share price should be going up it suddenly falls, and Vis-versa. When interest rates are low, companies with higher dividend yields (compared to bank account interest rates) become high in demand and their shares generally go up in price. As the share price goes up the dividend yield will be reduced unless the company continues to increase the dividend it distributes to shareholders. When interest rates start to rise these companies become less favourable as they are seen as higher risk comparable to similar returns from having one's money in the safety of the bank. This can cause the share prices to fall. These are just some of the reasons that make a company's share price move up or down. As humans are an irrational bunch often ruled by emotions, sometimes the reasons share prices move in a particular direction can be quite confusing, but that is the nature of the financial markets."}
{"text": " I know a couple of actuaries who are now senior in insurance companies. The study is very hard but you are well rewarded at the end. Both are, I would say, extremely intelligent so it is not a thing to start on unless you are really going to enjoy advanced statistical analysis. If it is your thing, then fine."}
{"text": " I don\u2019t disagree that housing prices are important and vital to the economy, but I think they are a separate issue to inflation, requires a different set of tools to deal with, and has completely different outcomes from policies.   First and foremost, they are almost the only item purchased that can be resold at a higher value. So even though house prices may have risen 1000%, who ever had bought a house exits with a 1000% increase in equity. How would account for that when calculating inflation?"}
{"text": " All banks allow online banking. HSBC is reputed the most international traditional one.  That said, opening a bank account in a 100% online bank would get you to near 0 cost, and is probably the preferred option. Every online bank is very similar to each other, so I won't make any recommandation here. Exemples are ing-direct, boursorama, Fortuneo. I'm afraid none offer english service, and it might be difficult to get in line with a decent english speaker. All theses banks will likely offer a gold/premier mastercard/visa, so travelling will not be an issue. The fees should be <2% for foreign currencies (it vary slightly), and <3\u20ac if you use the ATM in none euro ones."}
{"text": " \"Some theory that is, it's probably even more basic than that.  \"\"We need to control this area so that Russia and China don't control it. Now let's come up with a million and one reason to justify it\"\"  -probably some US foreign policy decision maker\""}
{"text": " \"Yes, there are situations where a stock is a bad buy in spite of a low PE. PE ratio tells you the current share price divided by the prior 4 quarters earnings per share. It does not consider: Imagine someone walked up to you and said, \"\"Do you want to buy a piece of my business? I'll sell you 1% of it for $1000. Last year the business earned $25000.\"\" A quick calculation shows a PE of 4 [$1000/($25000 *.01)]. Even though this PE is comparatively low, you wouldn't buy in without a lot more info. What kinds of things might you ask? PE is one tiny component of an informed investment decision.\""}
{"text": " I want to get into investment banking!  I have an interview!  What should I say?  Is Investment banking worth it?  Is it fun, glorious and cool?  I'm an engineer - should I throw it all away and focus on Excel?  Any help is greatly appreciated!"}
{"text": " Unfortunately, the thieves don't have to be all that sophisticated to make the money unrecoverable.  What they typically do is open a phony bank account in the name of the victim.  They receive the refund into the fraudulent account, and they immediately withdraw it.  By the time anyone notices that the refund was fraudulent, the thief is long gone, and there is no money in the account to reclaim. It's not just the IRS who gets ripped off this way, by the way.  Thieves use a similar technique to cash stolen credit cards.  The thief will open a phony merchant account and a phony bank account in the victim's name.  They will run the stolen cards on the merchant account and deposit the proceeds in the phony account.  They are able to withdraw the funds before the fraudulent charges are noticed and reversed, and the processing company that the merchant account was opened with ends up eating the loss (or passing it along to their legitimate customers in the form of higher rates). Preventing this kind of fraud has costs.  There are monetary costs associated with putting antifraud measures in place, and there are costs to the customers in the form of having to wait longer for their financial transactions to go through.  Basically, everyone involved (the banks, the IRS, etc.) has to balance the losses against with the costs of preventing them.  When fraud is rare, it's cheaper for them to eat the loss than to prevent it.   If fraud starts to become more common you will see the institutions involved put into place additional checks to prevent improper transfers.  Tax return fraud has become common enough that the IRS has instituted prevention measures such as requiring information from previous year tax returns in order to receive your refund.  If that doesn't curb the problem, then they will probably add more measures, and perhaps they will slow down the payment process.  However, they probably won't ever get the fraud losses down to zero because that would mean both angering taxpayers by delaying refunds and spending more money on fraud prevention than they save in avoided losses."}
{"text": " Well as it was stated by others it isn't taken out of their paychecks, it's paid for by the employer, however these same individuals are exempt from paying into social security over a certain limit so if they are able to pocket that money up front why do they need to collect government benefits when they have extra income the rest of us do not have from not having to pay into social security."}
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{"text": " I'll tell you exactly what causes the counter pressure, agents of the state entitling themselves to the fruits of my labor.  How is it greed to want to earn a good livelihood, but not greed, on the states part, to steal more and more of its citzens livelihoods for the enlargement and enrichment of itself?"}
{"text": " \"I think you're missing a fixed and variable breakout cost per unit here. Fixed costs per unit decrease as volume rises.  If you think VC and equity peeps would throw down bills to a company who can't reasonably argue or support a cash generating model, you're likely mistaken. Uber's infrastructure and rapid scaling are cost intensive, however, once implemented, their costs do not rise 1:1 with every person who hails an Uber, which is what you're implying by leaving us two identical profit margins at vastly different volumes, which only exists in fairy-tale \"\"unicorn\"\" land.   Also, to your comments below: Oh wow, you think a tech company is overvalued? Like that's not the real \"\"soundbite\"\" - same fuckin' soundbite I heard when Amazon was trading at 200 a share.\""}
{"text": " \"This is why I don't care about \"\"sales\"\" and \"\"sale price.\"\"  My thought process goes \"\"Compared to everything else I've seen is this a good price?\"\"   for example, a super high quality leather jacket could go for $3-400+ if the sale price on a similar leather jacket of similar quality is $50 I consider that a good price.\""}
{"text": " \"The writer just failed elementary math. It doesn't make a shit bit of difference how many jobs were added if the \"\"official\"\" unemployment rate went up. Why the fuck would wages go up with less jobs available? This is econ 101. We're obviously still in a recession and yet we have endure this propaganda every month for years. Either the public is extremely stupid or they think we are. Take your pick.\""}
{"text": " S&amp;P 500 are a relatively small portion of the entire American economy. Any number of things could cause them to increase in value at a greater rate than total output.   For example, distribution of total spending could shift from the public sector to the private sector if government tax receipts and outlays were decreased. It's also possible the economy is becoming more centralized towards tech and industrial giants, with an increasing market share in the hands of fewer, larger companies."}
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{"text": " Pretty fuck up that these companies want to brag about the people who spent their whole lives making them rich dying early makes them richer. They should feel bad and want a solution not brag about money saved. How about the money should go onto the families who said person who died?"}
{"text": " \"So you've already considered relocation. Here are a few additional things to consider with respect to negotiating a signing bonus (if any): Would you be leaving a position where you are eligible for an upcoming bonus, profit-share, or other special incentive payout, such as a stock option or RSU vesting date?  A signing bonus can help offset the opportunity cost of leaving a previous job when an incentive payout date is near. At the new company, would you be required to wait some pre-defined period to be eligible to participate in the pension or retirement savings plan with employer basic or matching contributions? If you were receiving ongoing employer contributions in your previous company's plan and would need to wait, say, six months before participating in the new company's plan, a signing bonus can offset lost employer contributions in the interim. Consider funding your own IRA in that time. Would you be required to give up something else of value to you that your previous employer was providing, such as an expensive laptop, that is not expected to otherwise be replaced by the new company? Whether they offer a signing bonus and how much you can expect to negotiate is based on a lot of factors and you'll need to \"\"play it by ear.\"\"  Remember what bonus means: \"\"A payment or gift added to what is usual or expected, in particular.\"\" Remember also that a signing bonus is a one time thing.  In general, it's more important to consider the overall ongoing compensation package \u2013 salary and incentive plans, vacation, retirement benefits, health benefits, etc. \u2013 and whether those meet your long-term needs.\""}
{"text": " A lot depends on whether your mortgage payments are interest only or 'repayment' and what the remaining term is on each of the mortgages.  Either way I suspect that the best value for the money you put in will be had by making payments to the larger, newer mortgage.  This is because the quicker you reduce the capital owed the less interest you will pay over the whole term of the mortgage and you've already had the older mortgage for sometime (unless you remortgaged) so the benefit you can get from an arbitrary reduction in the capital is inevitably less than you will get from the same reduction in the capital of the newer mortgage.  Even if the two mortgages are the same age then the benefit of putting money into the one on the new house is greater due to the greater interest charged on it."}
{"text": " I disagree, he clearly states that women will recieve equal pay and treatment for equal work. There is no discrimination there.  He states that if a female employee is causing drama then they are not being an effective, productive employee. I'm sure that if he had a male employee doing the same he'd handle it equally. I see no sexism there, I just think you were trying to bash his character out of him not having the same views as you on a certain subject."}
{"text": " Your Simple IRA account is yours and yours alone, not your employer's. The only thing your employer can do with it is putting more money into it. The best option is to simple let it sit for the two years, and then either:"}
{"text": " \"After the initial public offering, the company can raise money by selling more stock (equity financing) or selling debt (e.g. borrowing money).  If a company's stock price is high, they can raise money with equity financing on more favorable terms.  When companies raise money with equity financing, they create new shares and dilute the existing shareholders, so the number of shares outstanding is not fixed. Companies can also return money to shareholders by buying their own equity, and this is called a share repurchase.  It's best for companies to repurchase their shared when their stock price is low, but \"\"American companies have a terrible track record of buying their own shares high and selling them low.\"\" The management of a company typically likes a rising stock price, so their stock options are more valuable and they can justify bigger pay packages.\""}
{"text": " \"I have been working and studying at the same time since I was 13... for all purposes, when I finished high school, I was working and studying part time... until I got my B.Sc in Computer Science and Masters in Business Administration (MBA)... developed my career and now I am a senior executive making excellent money and supervising many people.  In retrospect, my degrees did not help me at all in my career in the sense that did not teach me anything of significance for real work and career life, nor did they lend me my first jobs. **Colleges and universities are mostly to find who is better in studying... in the hope that if they study well, they will do well in their career... because they can study well.** Mostly not true and does not work this way!    However(!!!), without a degree (piece of paper), I could not advance to my current position because \"\"degree required for this position\"\".  One more thing, very important: when I studied for my MBA, and worked full(!) time, I had no choice but to take night classes (City University of NY, Baruch College, one of the best business schools in the country). **This was the best experience I had in all the of my college studies!** Why? Because all(!) the professors who teach in the night were working in the morning in their normal jobs - none of them were tenured professors.  They were real business people, grounded, know what they are talking about, and they were teaching because they loved to teach and share the experience and knowledge. **Do you understand what I am saying here?**  So, I did not get the theoretical nonsense from them. They actually taught us what really happens, the real approach to things, and the real issues to address.  P/S: My son is following my way. Since he was 11, he works in the areas he like (Minecraft) and he made money since then, running classes, getting to know people in the field, getting experience, getting work ethics, etc. If he wants to go to Harvard, fine with me, but I think he just need to go to \"\"reasonable\"\" low cost college to get those pieces of papers called \"\"Diplomas\"\".\""}
{"text": " Quite honestly, with the current interest rates, you're better off getting a loan, putting the cash into some top performing equity funds and paying down on the loan. If for some reason you're in need of the capital, the stocks are going to be much more liquid.  Being debt free is a good thing, but there is also a right way to leverage yourself. At the end of the day though, and despite what anyone on this site tells you, you need to run the numbers, make the long term projections to determine what's the best route to take."}
{"text": " It's a con being played upon the middle money people by the big money people and it's based on the Bernoulli Principle or Venturi Effect. Simply put -- and in analogous form -- if a lot of something goes in one direction, then a lot of other similar somethings will go in the same direction too. So, if a lot of big money gets invested into derivatives then other money will follow. That original big money is called the primer -- it primes the pump flow and gets the other money following it in. If the original money, the primer, gets removed from the process it doesn't stop the flow of other money into the flow because once the flow is going, any new money in the process acts like the original primer money, sucking in even more money; this is the Venturi Effect in action -- it's how most pumps work.  So, you prime the pump, get it flowing nicely, move your priming money out of the process and wait for the thing to suck out as much money as the economy can withstand and then *crash,* er, profit! If you've set your stakes correctly to benefit from the stopping of the flow -- the crash -- you can make billions with very little effort and practically no risk at all."}
{"text": " Straight line depreciation is marginal as far as I understand. It would be a flat expense each year. Unless you mean 2 mil year one and 4 mil for years one and two combined and it's just written ambiguously here. It seems pretty straight-forward to me. 10 mil rev per year operating increase. 6.5 mil operation expense increase. Net income= rev-expenses. Depreciation expense is not an operating expense. As far as relevant cash flows I guess if there's not omitted info in this post would just be the cash for the initial investment, the added expenses, the added revenue, the salvage sale."}
{"text": " $60-$100 US is typical for US 1099 contract IT work, but it varies quite a bit by location and industry. Contract agencies can charge more (sometimes significantly more), but you probably don't have the clout to ask for rates that are on par with those. $85 per hour might be a good starting point.   Here are some factors to consider: I am not qualified to comment on the Canadian vs US legal and tax aspects fo your situation. Good luck"}
{"text": " As do other states. The state and national debts are created by big government politicians. Such as bloated civil services, pension funds, more borrowing instead of fiscally responsible. The USA federal gov keeps trillions of shadow debt off its books and downplays the actual unemployment rate."}
{"text": " The stupid thing is, people will probably not mute the television anymore and end up listening to the ad.  Advertisers are like overstimulated children. They probably know they shouldn't do something so completely obnoxious but they're too fucking tryhard to control themselves."}
{"text": " HDFC Bank offers an easy and comfortable way to hold the foreign currency for NRIs with a RFC Savings Account. You can  deposit money in 4 different currencies and anytime convert them into money. Apply for an HDFC Bank RFC Account now!"}
{"text": " You can give YQL a try. I'm not sure it can do the query you want, but for example you can do: (try it here) And this best thing about it - it's free."}
{"text": " \"You cannot deduct commute expenses. Regarding your specific example, something to consider is that if the standard of living is higher in San Francisco, presumably the wages are higher too. Therefore, you must make a choice to trade \"\"time and some money for commuting costs\"\" for \"\"even more money\"\" in the form of higher wages. For example, if you can make $50K working 2 hours away from SF, or $80K working in SF, and it costs you $5K extra per year in commute costs, you still come out ahead by $25K (minus taxes). If it ends up costing $20K more to live in SF (due to higher rent/mortgage/food/etc), some people choose to trade 4 extra hours of commuting time to put that extra $20K in their pocket. It's sort of like having an extra part time job, except you get paid to read/watch tv/sleep on the job (assuming you can take a train to work).\""}
{"text": " \"I can see why businesses would be upset at this, since previously facebook had convinced many businesses to use facebook advertising to increase the number of \"\"likes\"\" on their business facebook page.  And now they have to pay more to get any value out of having those likes on their facebook pages? Seems like a bit of a slap in the face.\""}
{"text": " &gt;[**\u041d\u043e\u0432\u0430\u044f \u044d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u0430\u044f \u0438\u0433\u0440\u0430 \u043e\u0442 \u043f\u0440\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u043e\u0433\u043e \u0430\u0434\u043c\u0438\u043d\u0430! 50 % \u0447\u0438\u0441\u0442\u043e\u0439 \u043f\u0440\u0438\u0431\u044b\u043b\u0438 \u0437\u0430 1 \u0441\u0431\u043e\u0440 \u043c\u043e\u043d\u0435\u0442!\u0417\u0430\u0445\u043e\u0434\u0438 \u0431\u044b\u0441\u0442\u0440\u0435\u0435! [5:52]**](http://youtu.be/0bdNp92_Jlw)  &gt;&gt;\u041f\u0440\u0438\u0432\u0435\u0442 \u0434\u0440\u0443\u0437\u044c\u044f! \u0412 \u044d\u0442\u043e\u043c \u0412\u0438\u0434\u0435\u043e, \u0431\u0443\u0434\u0435\u0442 \u043d\u043e\u0432\u0430\u044f \u044d\u043a\u043e\u043d\u043e\u043c\u0438\u0447\u0435\u0441\u043a\u0430\u044f \u0438\u0433\u0440\u0430, \u043e\u0442 \u043f\u0440\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u043e\u0433\u043e \u0430\u0434\u043c\u0438\u043d\u0430!  &gt; [*^\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0439 ^\u0412\u0435\u043a\u0442\u043e\u0440*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^&amp; ^Blogs  &gt;*^2 ^views ^since ^Oct ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)"}
{"text": " That's an interesting observation. Do you have any examples?   I wonder if this topic has been research: is it better to spend cash up-front to kill a threat than to concede some market share and earn less for longer in the future? Surely, the target company knows they are a strategic asset, and won't sell themselves cheap."}
{"text": " Why would it not make more sense to invest in a handful of these   heavyweights instead of also having to carry the weight of the other   450 (some of which are mostly just baggage)? First, a cap-weighted index fund will invest more heavily in larger cap companies, so the 'baggage' you speak of does take up a smaller percentage of the portfolio's value (not that cap always equates to better performance). There are also equal-weighted index funds where each company in the index is given equal weight in the portfolio. If you could accurately pick winners and losers, then of course you could beat index funds, but on average they've performed well enough that there's little incentive for the average investor to look elsewhere.  A handful of stocks opens you up to more risk, an Enron in your handful would be pretty devastating if it comprised a large percentage of your portfolio. Additionally, since you pay a fee on each transaction ($5 in your example), you have to out-perform a low-fee index fund significantly, or be investing a very large amount of money to come out ahead. You get diversification and low-fees with an index fund."}
{"text": " \"Your question is very broad. Whole books can and have been written on this topic. The right place to start is for you and your wife to sit down together and figure out your goals. Where do you want to be in 5 years, 25 years, 50 years? To quote Yogi Berra \"\"If you don't know where you are going, you'll end up someplace else.\"\" Let's go backwards. 50 Years I'm guessing the answer is \"\"retired, living comfortably and not having to worry about money\"\". You say you work an unskilled government job. Does that job have a pension program? How about other retirement savings options? Will the pension be enough or do you need to start putting money into the other retirement savings options? Career wise, do you want to be working as in unskilled government jobs until you retire, or do you want to retire from something else? If so, how do you get there? Your goals here will affect both your 25 year plan and your 5 year plan. Finally, as you plan for death, which will happen eventually. What do you want to leave for your children? Likely the pension will not be transferred to your children, so if you want to leave them something, you need to start planning ahead. 25 Years At this stage in your life, you are likely talking, college for the children and possibly your wife back at work (could happen much earlier than this, e.g., when the kids are all in school). What do you want for your children in college? Do you want them to have the opportunity to go without having to take on debt? What savings options are there for your children's college? Also, likely with all your children out of the house at college, what do you and your wife want to do? Travel? Give to charity? Own your own home? 5 Years You mention having children and your wife staying at home with them. Can your family live on just your income? Can you do that and still achieve your 50 and 25 year goals? If not, further education or training on your part may be needed. Are you in debt? Would you like to be out of debt in the next 5-10 years? I know I've raised more questions than answers. This is due mostly to the nature of the question you've asked. It is very personal, and I don't know you. What I find most useful is to look at where I want to be in the near, mid and long term and then start to build a plan for how I get there. If you have older friends or family who are where you want to be when you reach their age, talk to them. Ask them how they got there. Also, there are tons of resources out there to help you. I won't suggest any specific books, but look around at the local library or look online. Read reviews of personal finance books. Read many and see how they can give you the advice you need to reach your specific goals. Good luck!\""}
{"text": " This sounds like a real consistency issue, then. When it comes to saying one thing and doing another with regard to spending money it seems common that a company just hasn't figured out why that kind of consistency is important.  To me it's a question of ROI. If a company insists on huge money-blowing events, what's the return? What is that event supposed to achieve, and is it worth it? Huge money blowing events can certainly be worth it when they actually generate long-term sales, significantly boost employee morale (in turn generating sales, hopefully) or similar. But as you obviously know, if all the employees involved in the event feel like it's bullshit before, during, and after it goes down then somebody didn't really look at the ROI before approving it."}
{"text": " I believe you can easily make tresholds for what constitute a partial owner. If I work for GE and buy a share, I'm not exactly a partial owner.  Anything under 10% for companies making, I don't know, less than 50 Mil in revenue, you're an employee. Larger companies, 5%.  That's just an idea, could be refined but, yeah..."}
{"text": " Do you have the raw data?  Do you know how they selected the sample?  Did they discover perfect random?  I would guess not. So that probably would mean 100 isnt correct in this context.  I'm non-partisan. I would also just ask, how did that election turn out again with the numerous polls and other research of 1000+, repeatedly at different times over a campaign that seemed to have been like 2+ years long?  Further I dont even know why we are talking about a study of 100 when theres glassdoor with more than 10,000 reviews though it isnt normalized or in an actual study format. The thing to note is that if you compare the types of employees to another tech company like lets say Google/Alphabet or Facebook you have a different distribution in the type of people recruited and that might effect their experience. Amazon does a lot of retail, support and call centers as compared to a lot of engineers with a more educated background. Both are people but theres definitely a difference in the type of person as well as their temperament you get if you go to lets say an urban wal-mart as compared to an Alphabet or Facebook engineer."}
{"text": " May want to post in /r/landlord but stains on carpet are not normal wear and tear.   When you say hanging things left holes in the wall do you mean small picture nails, larger holes from toggle bolts, or holes from mounting a tv bracket?  Picture nail are normal wear and tear, the others are not.   If they are repairing homes in the wall then there will also be painting charges. If the have stains on the carpet and it wasn't that old then the price isn't bad."}
{"text": " \"WOW.  So much for \"\"Do No Evil\"\" huh?  It's this stuff that has convinced me that everyone should be boycotting google, that we should not refer to \"\"alphabet\"\" by that name but instead just call it Google. That way we can prevent them from hiding from their crimes. They wanted to own \"\"search\"\" and when they couldn't have that they decided to try and purchase \"\"alphabet\"\" and we shouldn't let them have that either. Really who do they think they are?\""}
{"text": " Quite a few mores thing you do but you will discover less factor which offer you to publish your services or item in free of price is is on the internet labeled [advertising australia](http://come2ourdeals.com.au) which can be using additional and much more marketing in the world-wide-web marketing."}
{"text": " The problem is that's all Chipotle has going for it... a big ass burrito with a handful of toppings. Once you eat there twice you've pretty much had all Chipotle has to offer unless you'd like to try a burrito in a bowl. Not exactly a well thought out menu. I don't see Chipotle standing the test of time unless they expand their menu and market. It's just boring after a couple times. You get way too much food also so any claim to being healthy is BS."}
{"text": " Does anyone remember what Porsche had amassed when they attempted a hostile takeover of Volkswagen (before Volkswagen countered with a Pac-Man defense)?  It wasn't anywhere near the scale of the assets Apple has under management, but it was still funny that a small racing company and sports car manufacturer quite nearly pulled it off at the time."}
{"text": " \"Discussed? The article is an amateur-ish \"\"discussion\"\" littered with swears, rampant bolding and Godwin law-esque Iran comparisons. What is his counter-proposal? What is the specific language that he takes issue with? I just read a thousand words of \"\"this is total bullshit and I'm so emotional right now.\"\"  Does he realize that these proposals always start from a strong regulatory stance and drift towards the more reasonable after calling for comments and iterating?  It doesn't seem like it.\""}
{"text": " r/shittydataisbeautiful/    The first 20 data points looks at his net worth on average every 2.25 yeras.  The last three data points look at it on average every 7.67 years.  I sure as hell hope his net worth grows by more every 7 years than every 2 years.  On top of that, this should be on a log scale as exponential growth is a pretty widely accepted concept of finance."}
{"text": " $600 a month is high, but may be the best you can do. When I moved from UK to Canada my first insurance quote was $3000 a year, but that was 20 years ago and I was older than 27. The rates go down substantially after you have had a local license for a few years. Best tips for minimising this:"}
{"text": " Private sector jobs are way above the pre-recession peak. The only reason there aren't more total jobs than before the recession is [enormous public sector layoffs](http://www.calculatedriskblog.com/). The fact that there has been some rebound in government hiring isn't really a bad thing."}
{"text": " I've heard this story over and over.  It's heartbreaking to hear of people (men and women) who slave to start a company, scrape together the wherewithal to take on 2 or 3 employees, back up the payroll from their own personal money when times are tough and then.. just get stabbed fully in the back by women who milk every last minute out of their entitlement before not coming back.  I know they aren't interested in the business and I accept that their first priority is the child.  But that doesn't make it any easier on the business owner.  Would you take on somebody if you seriously thought this was going to happen?  Would any small enterprise ever hire anyone?  Equality is a nice idea but it will stifle small and slow growing businesses to the point where the only way to get started will be to take a big loan.  And that is not in the interests of the economy at large.  There should be a second class of job, which you as a company have to fulfill certain requirements to offer.  Low turnover (not profit) for example, maybe under 5 employees too.  Basically, a company with little reserve with which to deal with an uncertain absence of a large percentage of its workforce.  This second class job should carry with it either a waiver on the sexism discrimination policy (although this is completely insane and unfair to women who aren't interested in babies), a waiver on the ability to dismiss people for falling pregnant (which we kind of have in the UK given that in theory there's no unfair dismissal if it's in the first two years, although woe betide anyone who tries this out and immediately hires a man) or - and here's a wacky fucking idea - *some kind of increased government support in the case of pregnancy*.  Stifling small companies by forcing them into penury just because someone wants to have a baby - arguably the most natural thing in the world - is in nobody's interests."}
{"text": " Looks like this is just for billing mostly.   We need inventory management that integrates with our PO's but still be able to add line items for sales that do not come from inventory.   We need a system similar to SAP."}
{"text": " I'm a sucker for cool interiors and I don't really pay attention to safety (although I should). I have two friends, one who bought a '17 Civic and another who bought a '17 Corolla. Neither of them know anything about cars. The Honda was impressive with the exception of the stupid touch controls for volume. The Corolla, at a similar price, was not nearly as impressive. Until the '18 Camry was announced, Toyota's design language lagged behind basically every major car manufacturer.  My point is that Toyota makes some ugly cars, relative to their direct competition. However they ARE getting their shit together - just look at the Lexus LC500, which the CEO of Toyota worked on. The design language is changing but I'd rather wait and see what happens in the very near future."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/08/11/business/dealbook/teamsters-union-tries-to-slow-self-driving-truck-push.html?ref=dealbook) reduced by 65%. (I'm a bot) ***** &gt; The union has persuaded United States lawmakers to exempt commercial trucks from a bill allowing more autonomous vehicles on the roads.  &gt; The bipartisan plan raises the cap on permitted vehicles that don&amp;#039;t have common features such as a steering wheel, or meet certain safety requirements, to 100,000 a year from the current limit of 2,500.The Teamsters successfully lobbied to exclude vehicles over 10,000 pounds.  &gt; It is seen as a precursor to autonomous trucks, and Arkansas, Tennessee and South Carolina are among the states considering such a move.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6two5r/teamsters_union_tries_to_slow_selfdriving_truck/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191527 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*: **truck**^#1 **vehicles**^#2 **States**^#3 **self-driving**^#4 **autonomous**^#5\""}
{"text": " If the work is unnecessary, the jobs were made obsolete.  The only thing that's changed is we're paying less to create the same product.  The worker's former compensation doesn't disappear into the ether, it's re-allocated to the new players  (electric company, robotics manufacturer, mechanic, etc.); a person being fired is only half the story.  Blaming Amazon for becoming more efficient by being an early adopter of new technology and business practices seems like misplaced aggression"}
{"text": " \"If you buy a long term bond with long term fixed interest rate, and then the interest rates increase, your bond is worth less. That's not a problem, because over the years the value of the bond will go back to its nominal value. If you have a bond that doesn't pay out annually but increases its value every year, you will get exactly the amount of cash when it pays out that you expected.  The problem is that if for 20 years interest rates were 8% while your bond only paid 4%, then you will have such an amount of inflation that the cash you get is worth much less than you hoped. You may have hoped that your bond would be worth \"\"one year average salary\"\", but it may be only worth \"\"six months of average salary\"\", even if the dollar amount is exactly what you expected.\""}
{"text": " SECTION | CONTENT :--|:-- Title | Deep Dive: Fixing Our Broken Food System Description | Making sure that everyone has access to safe, affordable, and healthy food, is a complex task.  Consider the complicated production and distribution systems, both large and small, that need to balance environmental and labor concerns, with sometimes competing business priorities.  Moving away from a system that incentivizes cheap, processed junk requires not only policy solutions, but creativity from both the private sector and the individual consumer. Failure to act has resulted in consequences... Length | 1:21:19           ****   ^(I am a bot, this is an auto-generated reply | )^[Info](https://www.reddit.com/u/video_descriptionbot) ^| ^[Feedback](https://www.reddit.com/message/compose/?to=video_descriptionbot&amp;subject=Feedback) ^| ^(Reply STOP to opt out permanently)"}
{"text": " They have already done this - why should they have to pay taxes when a latecomer does not have to? Why did they have to follow environmental laws when Foxconn does not? That sounds like crony capitalism to me, where the government favors certain businesses over others."}
{"text": " Yeah, except they underbid based off of information and plans that changed 3 weeks in (not their fault).  So now they have to foot the bill?  I've been in too many construction jobs where exactly this happens.  No plan survives the encounter with reality fully intact."}
{"text": " The unstated bit of info is that most minimum wage workers who want to work full time aren't able to. The employers prefer part-timers who get fewer benefits, and whose shifts can be altered at the last minute to match up to real or forecasted demand. If you are a retail clerk or fast food worker, you generally can't get a full time job and with the constantly shifting hours you find it a challenge to get a second part time job because you can't tell the hiring manager in advance when you'll be available to work."}
{"text": " \"The answer is that it depends on your bank and your creditor (whomever you are paying). Most banks offer \"\"overdraft protection\"\". For a fee, they will process the payment as if you had the money, and your account will become \"\"overdrawn\"\". The next deposit you put in will be applied to the overdraft and once the account is \"\"zeroed\"\" funds will begin to become available. The fees charged, and whether a particular charge will go through, depend on the bank; a few banks will process a payment without a fee if it only happens occasionally, some will hit you with a charge per debit in excess of the amount, while others will charge you per day on which debit transactions were made while your account was overdrawn, and still others will tack on a charge for leaving your account overdrawn for an extended period. In almost all cases, the for-profit institutions (banks) will charge more than non-profit institutions (credit unions).  Watch out for banks that offer \"\"automatic overdraft transfer\"\"; they'll automatically transfer from another account (including, eek, a credit card) to cover a debit to an account with insufficient funds. Sounds great, but the fee they charge is often close to the overdraft fee, while without overdraft protection, if the payment were simply denied at point-of-sale, most banks have smartphone apps that allow for instantaneous transfer of funds, for free. I've never heard of a \"\"partial payment\"\"; you either have sufficient funds to cover the debit or you don't. If you don't, and you don't have overdraft protection, the bank will simply decline to pay. The result of that situation depends on the exact circumstances; if a utility check bounces, they may try to run it again the next day, or they may immediately cut your utilities and come after you for the balance. At point-of-sale, they simply won't give you the merchandise. Some places are really rabid about pursuing \"\"hot check writers\"\"; if the check doesn't clear you have to pay in cash, on the spot, or they call the police. As far as \"\"interest on debt\"\", it doesn't work that way; it's a \"\"service fee\"\", otherwise it would be subject to some pretty hefty federal regulation. However, if you figure it as interest, you'd be amazed; let's say you bought lunch at a burger joint for $10. You didn't have enough in the account, but it was close, so the bank let it go - and charged you $35. You have effectively inflated the cost of that meal to $45, a 350% instantaneous price increase (or if you prefer, 350% interest on that $10); I dunno about you but if I were paying $45 for one lunch it wouldn't be at a burger joint. Most banks simply will not process a check on an already-overdrawn account, overdraft service or otherwise; they'll hit you for the overdraft fee (usually actually a fee for an NSF check) AND decline the payment. So, if you had $1 in your account and wrote a rent check for $1000, it'd still bounce even with overdraft service.\""}
{"text": " \"The \"\"guaranteed minimum future value\"\" isn't really a guarantee so much as the amount they will charge you at the end of the agreement if you want to keep the car. In this sense it might better be considered a \"\"guaranteed maximum future cost\"\". If the car has fallen below that value at that point, then you can just hand back the car and you won't owe anything extra. If it turns out to be worth more, you end up in profit - though only if you either actually pay for the car, or if you roll over into a new PCP deal. So the finance company has an incentive to set it at a sensible value, otherwise they'll end up losing money. Most new cars lose a lot of value quickly initially, and then the rate of loss slows down. But given that it's lost \u00a314k in 2 years, it seems pretty likely it'll lose much more than another \u00a31k in the next 2 years. So it does sound like that in this case, they estimated the value badly at the start of the deal and will end up taking a loss on the deal when you hand it back at the end. It appears you also have the legal right to \"\"voluntary termination\"\" once you have paid off half the \"\"Total Amount Payable\"\". This should be documented in the PCP agreement and if you're half way into the deal then I'd expect you'll be about there. If that doesn't apply, you can try to negotiate to get out of the deal early anyway. If they look at it rationally, they should think about the value of your payments over the next two years minus the loss they will end up with at the end of those two years. But there's no guarantee they will. Disclaimer: Despite living in the UK, I hadn't heard of these contracts until I read this question, so my answer is based entirely on web searches and some inferences. The two most useful sources I found on the general subject were this one and this one.\""}
{"text": " It's also the fact that there's a difference between ability and qualification.  I, for example, am capable, though not qualified in the eyes of many companies.  I've talked to a couple of them before where they don't seem to care much about an electrical engineering degree, but would love me if I had a toilet paper MIS degree or similar."}
{"text": " [Image](https://imgs.xkcd.com/comics/purity.png)  [Mobile](https://m.xkcd.com/435/)  **Title:** Purity  **Title-text:** On the other hand, physicists like to say physics is to math as sex is to masturbation\\.  [Comic Explanation](https://www.explainxkcd.com/wiki/index.php/435#Explanation)  **Stats:** This comic has been referenced 1413 times, representing 0.8601% of referenced xkcds.  --- ^[xkcd.com](https://www.xkcd.com) ^| ^[xkcd\u00a0sub](https://www.reddit.com/r/xkcd/) ^| ^[Problems/Bugs?](https://www.reddit.com/r/xkcd_transcriber/) ^| ^[Statistics](http://xkcdref.info/statistics/) ^| ^[Stop\u00a0Replying](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=ignore%20me&amp;message=ignore%20me) ^| ^[Delete](https://reddit.com/message/compose/?to=xkcd_transcriber&amp;subject=delete&amp;message=delete%20t1_dksp032)"}
{"text": " Yes.  If you're still 20 years off from retirement, it wouldn't make sense to liquidate everything; it'd be an attempt to time the market. If you're *very* worried and retirement is soon, then it'd be something to consider (albeit bonds would make more sense at that point)."}
{"text": " \"Orders large enough to buy down the current Bid and Ask Book are common. This is the essential strategy through which larger traders \"\"Strip\"\" the Bid or Ask in order to excite motion in a direction that is favorable to their interests. Smaller traders will often focus on low float/small cap tickers, as both conditions tend to favor volatility on relatively small volume.\""}
{"text": " We've found a great idea for a bachelorette party in greatest West Palm Beach Escape Rooms, we can make rememberable and unique your party which has been added to your bachelorette itinerary. If anyone in your party has special tools or questions to activity level for each room. The bachelorette parties west palm beach set in a gorgeous  nightclub, our hostesses will lead your friends with an amazing party service. This game is the brain based puzzle, each group in the game allowed to ask hints to play.  A maximum number of the escape room is described in the instructions of the game."}
{"text": " \"My wife and I have Gap, Kohl's and Amazon cards. They each give extra benefits when using them at their stores, and usually 1% cash back at other places, although we don't use the Gap or Kohl's anywhere else.  We don't carry a balance, so as mentioned, the rate doesn't matter. And they are so spread out when we've gotten them (Kohl's for a good 3 years, Amazon about 2 months ago) that I don't expect any issues for credit checks. In fact I just got approved for a mortgage loan, way more than what I know I can really afford.  In my mind, credit cards are a bad idea when you use them as \"\"real\"\" credit. If they are used more like a debit card (spending money that you have), its like a loan (you don't have to pay it off til later), and you get paid for it (whether in cash or merchandise).\""}
{"text": " KUCHING: While China Mobile Ltd (China Mobile) has been reported to have held talks to buy circa 20 per cent stake in Axiata Group Bhd (Axiata) at an undiclosed price, analysts say this deal is unlikely to happen.  According to the research arm of Kenanga Investment Bank Bhd (Kenanga Research), the stake would be valued at more than RM11.9 billion based on Wednesday\u2019s closing price of RM6.95.  No agreement was reached as Axiata and its largest shareholder Khazanah Nasional Bhd (Khazanah) were unwilling to sell that much equity stake and also considered the indicated offer price as too low.  Sources: http://www.ranker.com/list/the-jakarta-globe-xl-axiata-axis-capital-group-merger-plans/abbyditter http://www.yelp.com/topic/la-crescenta-montrose-the-jakarta-globe-axis-capital-group-telecom-purchase-xl-axiata"}
{"text": " \"In his defense, the article was written by an owner of a small consulting firm and lays out some pretty loose ideas on why big consulting firms are doomed. From what I've seen, they understand this shift and are working to adapt already. I wouldn't especially use the word \"\"doomed\"\" either.\""}
{"text": " while not stated, if you have any debt at all, use the $3000 to pay it off. That's the best investment in the short term. No risk and guaranteed reward. College can invite all sorts of unexpected expenses and opportunities, so stay liquid, protect working capital."}
{"text": " IRS Pub 561 says you have to use fair market value.  You cannot simply use a depreciated value. You should attempt to determine what people normally pay for comparable items, and be prepared to defend your determination with evidence in the event of an audit."}
{"text": " Now, if I wasn't concerned with the integrity of my already tainted soul I would have given myself the following advice five years ago:"}
{"text": " The people who bought when interest rates were higher, do they get anything out of it? The present value just went up of their Bonds just went up, but it probably evened out to the 3% they were going to get right? Do they make more money selling the bond now, or holding on to it till maturity in PV terms?"}
{"text": " Yeah it just got bumped up to 11.25 and they're going to be increasing it over the next couple of years before capping at 15. Rent is already rising to adjust to this development. Doesn't help that income tax here is insane."}
{"text": " \"This is the best tl;dr I could make, [original](http://eh.net/book_reviews/rulers-religion-and-riches-why-the-west-got-rich-and-the-middle-east-did-not/) reduced by 93%. (I'm a bot) ***** &gt; Here is the basic argument: any kind of ruler has power because his or her subjects accept their rule and their main concern is what Rubin calls &amp;quot;Propagating their rule.&amp;quot; How do you get people to accept you as their ruler and let you keep your job? Political power is supported by a combination of coercion and legitimacy.  &gt; Why and how did this matter to economic history? Rubin argues that religious authorities were in general conservative, and that the institutions they established are less aligned with commerce and finance than when an economically important elite such as rich urban merchants and artisans are more powerful.  &gt; As a result of their political influence, religious authorities in the Middle East were successful in blocking critical breakthroughs, most notably the printing press and more sophisticated financial institutions.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kt8n1/rulers_religion_and_riches_why_the_west_got_rich/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~157447 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*: **Rubin**^#1 **rule**^#2 **religious**^#3 **religion**^#4 **economic**^#5\""}
{"text": " I think you are asking quite a few questions here;   If you have Rs 10000, its better you get it converted in India before you leave. Most Banks and Exchange houses like Western Union would take Rupees and Give you USD. What do they do with USD, there are other who give them USD and need Rupees. They make a spread in this process.   If you are getting a salary in USD in US, whenever you want to transfer money to India, the Banks or Remittance services like Western Union would take USD from your US Account and Transfter equivalent Money into your Bank Account in India in Rupees. They will tell the exchange rate applicable. Depending on why visa type & the duration you are going, your company should be able to tell you your tax liabilities in the US. Read similar questions here to get a general idea."}
{"text": " \"Read up on filing an \"\"amended tax return\"\".  Essentially you'll fill out the entire return as it should have been originally, then fill out form 1040X stating what has changed (and pay the additional tax due if needed).   According to TurboTax's website, they have partnered with Sprintax for non-resident tax prep.  I am not vouching for the service; just offering it as information.\""}
{"text": " It's already gone through a big correction, but another crash is a possibility. But if the US economy keeps eroding it's going to become more of a safe haven. Also Goldman Sachs sees it as an investment option, so that's a sign financial houses are interested (and not a good sign for the dollar)."}
{"text": " Few people have two eye brows joined in between the gap, just above the nose bridge along the temple line. This generally does not look much attractive and if so wished can be plucked off with a thread."}
{"text": " Right now interest rates are pretty low and as such you won't see blockbuster interest rates in anything highly liquid. That being said you're motivation is liquidity over rate of return anyway so I don't think that is a concern. Money Market funds should give you a similar return to AMEX Personal Savings. Due to their lack of a rate guarantee I wouldn't be surprised if that is simply a branded Money Market account. Your best bet is to look at what rates you can get on any short term security and park your money in the one that best suites your needs and offers the greatest return. Money Markets are simply a great way for you to keep your cash liquid while investing you in a broad range of liquid assets (diversification is key)."}
{"text": " \"There will not be enough money to fill the holes that are caused by banks' easy money policies combined with the trillions in derivative \"\"hedges\"\" that the banks have off-balance sheet.   The idea is that the chain reaction collapse of the European banking system can be avoided by plugging the holes in the dam in Spain, Italy, Greece, Portugal and Ireland. But it is a crazy idea. Next comes France, and then what? At some point there is not enough money to plug the holes and the entire facade collapses anyways.  Adults would dismantle the Eurozone now and let each country see to itself. Let the banks collapse. Capital (in the form of dollars, gold, etc) will reappear and means will evolve rapidly to connect capital with people who need loans for business.   Consumer loans are going the way of the dodo bird.\""}
{"text": " I don't think you need to be an economist to answer the bell though. Gates is filling his role in that he's not letting the powers at be back down from pledges.   From there though, it tends to get overly political and messy. From Gates's perspective it is probably black and white. Financial traders aren't doing much to engineer a better future directly, so why not tax them and make them contribute more to the world that Gates would like to see. It's not as if these guys are spending their weekends finding ways to get millions of mosquito nets and vaccines to people across the globe so why listen to their political dribble as to why they can't lose a penny on the dollar to create a better world?"}
{"text": " The main difference is that the ISA account like a Cash ISA shelters you from TAX - you don't have to worry about Capital Gains TAX. The other account is normal taxable account. With only \u00a3500 to invest you will be paying a high % in charges so... To start out I would look at some of the Investment Trust savings schemes  where you can save  a small amount monthly very cost-effectively - save \u00a350 a month for a year to see how you get on. Some Trusts to look at include Wittan, City Of London and Lowland"}
{"text": " \"**Are you nuts?**  &gt;*\"\"Are you talking about TARP because that was paid back early and at 6.2% interest, the gov't made money on that bailout. The auto bailout however lost the gov't billions at the taxpayers expense and the bondholders got screwed over and the unions made out like bandits. Your title just shows how bias and uneducated you are on the subject. \"\"*  I'm talking about the GFC/Global Financial Crisis. In 2008.   -------------QUOTED TEXT--------------  http://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308  This article is about the financial crisis that peaked in 2008. *For the global recession triggered by the financial crisis, see [Great Recession](http://en.wikipedia.org/wiki/Great_Recession).*  The financial crisis of 2007\u20132008, also known as the Global Financial Crisis and 2008 financial crisis, is considered by many economists the worst financial crisis since the Great Depression of the 1930s.[1]   It resulted in the threat of total collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. In many areas, the housing market also suffered, resulting in evictions, foreclosures and prolonged unemployment. The crisis played a significant role in the failure of key businesses, declines in consumer wealth estimated in trillions of U.S. dollars, and a downturn in economic activity leading to the 2008\u20132012 global recession and contributing to the European sovereign-debt crisis.[2][3] The active phase of the crisis, which manifested as a liquidity crisis, can be dated from August 9, 2007, when BNP Paribas terminated withdrawals from three hedge funds citing \"\"a complete evaporation of liquidity\"\".[4]  The bursting of the U.S. (United States) housing bubble, which peaked in 2006,[5] caused the values of securities tied to U.S. real estate pricing to plummet, damaging financial institutions globally.[6][7] The financial crisis was triggered by a complex interplay of policies that encouraged home ownership, providing easier access to loans for (lending) borrowers, overvaluation of bundled subprime mortgages based on the theory that housing prices would continue to escalate, questionable trading practices on behalf of both buyers and sellers, compensation structures that prioritize short-term deal flow over long-term value creation, and a lack of adequate capital holdings from banks and insurance companies to back the financial commitments they were making.[8][9][10][11] Questions regarding bank solvency, declines in credit availability and damaged investor confidence had an impact on global stock markets, where securities suffered large losses during 2008 and early 2009. Economies worldwide slowed during this period, as credit tightened and international trade declined.[12] Governments and central banks responded with unprecedented fiscal stimulus, monetary policy expansion and institutional bailouts. In the U.S., Congress passed the American Recovery and Reinvestment Act of 2009.  (continued- thats just the first two paragraphs)\""}
{"text": " The interpretation is correct. The Reuters may give you the London 4PM rates if you query after the close for the day. The close rate is treated as the rate.  http://uk.reuters.com/business/currencies/quote?srcAmt=1&srcCurr=GBP&destAmt=&destCurr=USD The London 4PM rate may be obtained from Bank of England at the link below; http://www.bankofengland.co.uk/mfsd/iadb/index.asp?Travel=NIxSTxTIx&levels=1&XNotes=Y&XNotes2=Y&Nodes=X3790X3791X3873X33940&SectionRequired=I&HideNums=-1&ExtraInfo=false&A3836XBMX3790X3791.x=4&A3836XBMX3790X3791.y=3 Or any other Bank that provides such data"}
{"text": " \"You've laid out a strategy for deciding that the top of the market has passed and then realizing some gains before the market drops too far.  Regardless of whether this strategy is good at accomplishing its goal, it cannot by itself maximize your long-term profits unless you have a similar strategy for deciding that the bottom of the market has passed.  Even if you sell at the perfect time at the top of the market, you can still lose lots of money by buying at the wrong time at the bottom. People have been trying to time the market like this for centuries, and on average it doesn't work out all that much better than just plopping some money into the market each week and letting it sit there for 40 years. So the real question is: what is your investment time horizon?  If you need your money a year from now, well then you shouldn't be in the stock market in the first place.  But if you have to have it in the market, then your plan sounds like a good one to protect yourself from losses. If you don't need your money until 20 years from now, though, then every time you get in and out of the market you're risking sacrificing all your previous \"\"smart\"\" gains with one mistimed trade.  Sure, just leaving your money in the market can be psychologically taxing (cf. 2008-2009), but I guarantee that (a) you'll eventually make it all back (cf. 2010-2014) and (b) you won't \"\"miss the top\"\" or \"\"miss the bottom\"\", since you're not doing any trading.\""}
{"text": " How can foreign companies open Liaison/Project/Branch office in India?   Foreign company can set up Liaison/ Branch Offces in India after obtaining approval from Reserve Bank of India. Reserve Bank of India has given general permission to foreign companies to establish Project Offces in India subject to certain conditions. A Liaison office can carry on only liaison activities, i.e. it can act as a channel of communication between Head Office abroad and parties in India. It is not allowed to undertake any business activity in India and cannot earn any income in India. Expenses of such offices are to be met entirely through inward remittances of foreign exchange from the Head Office abroad. The role of such office is therefore, limited to collecting information about possible market opportunities and providing information about the Company and its products to the prospective Indian customers. Know More @ M+V"}
{"text": " No. There is no incentive for the card issuer to permanently loan you money for free (Even though they make a small amount of money with every transaction). Yes, there are many credit cards that offer introductory 0% APR, often lasting for a year, some even two years. In theory, you could keep applying for new cards with these terms, and continually transfer the balance to the new card (Though you would probably incur a fee for doing so)."}
{"text": " Diversifying is the first advice given to beginner in order to avoid big loss. For example in 2014 the company Theranos was really appealing before it fail in 2016. So a beginner could have invest ALL his money and lose it. But if he has deverified he wouldn't lost everything. As an investor goes from beginner to experience some still Diversify and other concentrate. Mostly it depends how much confident you are about an investement. If you have 20 years of experience, now everything about the company and you are sure there will be profit you can concentrate. If you are not 100% sure there will be a profit, it is better to Diversify. Diversifying can also be profitating when you loose money: because you will pay tax when you earn money, if you diversify you can choose to loose money in some stock (usually in december) and in this way cut your taxes."}
{"text": " It depends on the business entity. If the entity is a sole proprietorship or a general partnership, the individual are considered to be the business. There are no shares, and so yes, the owner would have to take on 75% of the expenses. For example, in the event of a lawsuit, if the claimant were awarded $1,000,000, the 75% partner would be personally liable for $750,000. In the event of a corporation, there are shares, so the responsibility is on the management of the company, not the owners, to come up with money for the expenses of the business. That money can come from the business' capital, which is the money owners have put in. Basically, for a corporate entity, the owner is not responsible for 75% of expenses, for a partnership, yes, they are."}
{"text": " They are valid checks, but you're going to get hassled when you try to use them. There's a perception that people using starter checks are more likely to bounce or otherwise be troublesome. When more payments were made with checks, some vendors would not accept checks with low numbers either! Checks are very cheap to get printed these days, save yourself some trouble and get some printed."}
{"text": " OP wants to do something very honourable, applause for that. Being a Greek I have insider knowledge about the impact of various organisations. Fact is, for people from abroad what is the most highly recommended action would be to support organisations of an international network (red cross, doctors w/out borders etc), because the health system is suffering seriously nowadays -or access to it-, and providing redundancy in that respect can certainly make a difference, via global health efforts. The next best thing you can do, to yourself and others, is basically to take a vacation in Greece and visit both a big city (here's where the problems will be visible) and an island (here's where you'll realise that you are in a place of stunning natural beauty). By taking this action you achieve two things: you put the economy in motion - a small vote, yet it counts - and you actually are a first-person observer. Enough is enough with victimisation via the news coming from inside or outside Greece! People need get the whole respective."}
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{"text": " \"I'll use similar logic to Dave Ramsey to answer this question because this is a popular question when we're talking about paying off any debt early.  Also, consider this tweet and what it means for student loans - to you, they're debt, to the government, they're assets. If you had no debt at all and enough financial assets to cover the cost, would you borrow money at [interest rate] to obtain a degree?  Put it in the housing way, if you paid off your home, would you pull out an equity loan/line for a purchase when you have enough money in savings?  I can't answer the question for you or anyone else, as you can probably find many people who will see benefits to either. I can tell you two observations I've made about this question (it comes a lot with housing) over time.  First, it tends to come up a lot when stocks are in a bubble to the point where people begin to consider borrowing from 0% interest rate credit cards to buy stocks (or float bills for a while).  How quickly people forget what it feels (and looks like) when you see your financial assets drop 50-60%!  It's not Wall Street that's greedy, it's most average investors.  Second, people asking this question generally overlook the behavior behind the action; as Carnegie said, \"\"Concentration is the key to wealth\"\" and concentrating your financial energy on something, instead of throwing it all over the place, can simplify your life.  This is one reason why lottery winners don't keep their winnings: their financial behavior was rotten before winning, and simply getting a lot of money seldom changes behavior.  Even if you get paid a lot or little, that's irrelevant to success because success requires behavior and when you master the behavior everything else (like money, happiness, peace of mind, etc) follows.\""}
{"text": " For some reason I have a doubt that you have ever payed taxes in california.  Money has been injected into these areas. The fact that they need to be cut should be proof of that. You can't cut money that was never given."}
{"text": " Can I Send the money back to my personal account of my mother/father in India? Why not? A huge number of Indians working in US are sending money to their parents. There may be multiple reasons like paying a mortgage/loan or sister's wedding or any personal reasons. Usually, there may be a reason column when you send money through any Remittance company.  Do I need to pay any tax here in US or my parents back in India? Parents are direct dependents in India. So you can share your money with your dependents. Your parents have to pay tax for whatever they are earning in India based on the tax slab and age they fit in. So you can even give them the power of Attorney to control your properties in India."}
{"text": " \"I suppose for the simple minded it is. \"\"Less taxes = less revenue = oh no, disaster!\"\". Which may be true for a small state budget that is often strapped for cash and struggling to get by. Cut revenue at the state level and vital programs suffer.   The federal government on the other hand is a behemoth. It has a lot more sources of revenue than states do. It also has more programs and waste that can be cut, before even considering cuts to social services and entitlement programs, like regulatory agencies.  Down vote me all you want but I find it preferable to have tax money in the hands of citizens and businesses rather than the government. The more money you give to government the more they're going to spend.\""}
{"text": " \"I went to a B&amp;N the other day to buy the best selling non-fiction book of all time that was being promoted on the radio/TV/etc.... and of course they were out of it.  When I asked the guy why they wouldn't have the most popular thing at their store (like milk at a grocery store or something). He said, \"\"Yeah, it's usually in high demand so we don't have it.\"\" Great way to run a company!! Stock your shelves full of the unpopular stuff and never order enough of the HIGHEST SELLING BOOKS OF ALL TIME!  Can't wait for the box stores to go down.\""}
{"text": " I would like to open a bra shop, since where I live we have Victoria's Secret and nothing else.  I have a name and logo thought out, and always keep an eye out for reasonable locations.  I've talked myself out of moving forward with it, because it seems any time there's talk of a store fancier than a Walmart/Dollar store coming to town, everyone gets on about it being a working class/blue collar town, and how no one can afford x/y/z.  Good bras aren't cheap.  I'd also need to hire staff, because I'm not keen on being that close to people.  I've daydreamed about bars and restaurants, with questionable, kitschy themes."}
{"text": " There's an interview with Andrew Lo on the WSJ that's worth a listen. One idea he touched on briefly is how the rise of index funds may be creating an investor monoculture. If this is the case, then he thinks it could lead to more market volatility. Interesting stuff.  http://www.wsj.com/podcasts/andrew-w-lo-talks-how-to-evolve-with-adaptive-markets/4B141ED2-23EA-409E-BFEE-96791EEB473E.html"}
{"text": " Consider inflation. If you invest $10,000 today, you need to make a few hundred dollars interest just to make up for inflation - if there is 3% inflation then a change from $10,000 to $10,300 means you didn't actually make any money."}
{"text": " \"OK, reading between the lines here it looks like the services offered by your company are of an \"\"adult\"\" (possibly illegal?) nature and that this individual has actually paid you in full for the services rendered up to this point. The wrinkle here is that you say that you've been offered large cash \"\"gifts\"\" in return for unspecified future favours, but that your client hasn't provided a real Paypal account to do so. When you pressed him on it, he sent a fake email and invented a \"\"financial adviser\"\" to fob you off, then hasn't contacted you  since. It's pretty clear that he hasn't got any intention of making these payments to you. What you're now proposing to do is to use his known banking details to collect money to cover those verbal promises. In pretty much every part of the world, that's a crime. Without a written agreement to use that payment method for those promises, he could easily call the police and have you arrested for theft of funds. The further wrinkle is that his actions (claiming to have made payment via paypal, forged email headers, etc) strongly suggest that this individual is involved in cyber-crime and may well have used a fake bank account to pay for your initial services.  The bottom line here is that you need real legal advice, from an actual lawyer.\""}
{"text": " It will be painful for the world, but not in the same way that the Western financial crisis of '08 was painful.  This will mostly hurt China, as well as western companies whose marginal revenue and growth is dependent upon Chinese business."}
{"text": " \"Here's what I suggest... A few years ago, I got a chunk of change.  Not from an inheritance, but stock options in a company that was taken private.  We'd already been investing by that point.  But what I did: 1.  I took my time. 2.  I set aside a chunk of it (maybe a quarter) for taxes.  you shouldn't have this problem. 3.  I set aside a chunk for home renovations. 4.  I set aside a chunk for kids college fund 5.  I set aside a chunk for paying off the house 6.  I set aside a chunk to spend later 7.  I invested a chunk.  A small chunk directly in single stocks, a small chunk in muni bonds, but most just in Mutual Funds. I'm still spending that \"\"spend later\"\" chunk.  It's about 10 years later, and this summer it's home maintenance and a new car...  all, I figure it, coming out of some of that money I'd set aside for \"\"future spending.\"\"\""}
{"text": " If this is the issue then it may be happening because you have not connected to your Netgear extender. Please make sure this to access mywifiext.net and for troubleshooting tips to solve this issue, get in touch with us through the live support window provided."}
{"text": " I work for an investment group in Central Asia in private equity/project investment. We use SPV and collateralized convertible loans to enter a project, we issue the loan at our own commercial bank. For each industry, the exact mechanisms vary. In most outcomes, we end up in control of some very important part of the business, and even if we have minority shares on paper, no decision is made w/o our approval.  For example, we enter cosntruction projects via aquisiton of land and pledging the land as equity for an SPV, then renting it to the project operator.   Basically, when you enter a business, be in control of the decisions there, or have significant leverage on the operations. Have your own operating professionals to run it. Profit."}
{"text": " \"So you're basically saying that average market fluctuations have an affect on individual stocks, because individual stocks are often priced in relation to the growth of the market as a whole?  Also, what kinds of investments would be considered \"\"risk free\"\" in this nomenclature?\""}
{"text": " Regarding the Summer of 2011 Crisis: There is NO reason that the United States cannot continue borrowing like it is just based on a particular ratio:  Debt to GDP. The Debt to GDP ratio right now is around 100%, or 1:1. This means the US GDP is around $14 Trillion and its debt is also around $14 trillion.  Other countries have higher debt:gdp ratios Japan - for instance - has a debt:gdp ratio of 220% Regarding a selloff of stocks, dollars and bonds: you have to realize that selling pressure on the dollar will make THE PRICE OF EVERYTHING increase. So commodities and stocks will skyrocket proportionally. The stockmarket can selloff faster than the dollar though. And both markets have circuit breakers that can attempt to curb quick selloffs. Effectiveness pending."}
{"text": " Not that I'm a huge expert, but from what I can tell the only ways an attorney can even get a strongly worded letter from the bar are:  - Fuck with a client's money - Embarrass or piss off the judge  Just about everything else seems to be par for the course."}
{"text": " \"Let me see if I can restate your question: are speculative investments more volatile (subject to greater spikes and drops in pricing) than are more long-term investments which are defined by the predictability of their dividend returns? The short answer is: yes.  However, where it gets complicated is in deciding whether something is a speculative investment. Take your example of housing.  People who buy a house as an investment either choose to rent it out (so receive \"\"rent\"\" as \"\"dividend\"\") or live in it (foregoing dividends).  Either way, the scale of the investment is large and this is often the only direct investment that people manage themselves.  For this reason houses are bound up in the sentimental value people attach to a home, the difficulty of uprooting and moving elsewhere in search of cheaper housing or better employment, or the sunk cost of debt that can't be recovered by a fire-sale.  Such inertia can lead to sudden sell-offs as critical inflection points are reached (such as hoped-for economic improvements fail to materialise and cash needs become critical). At different levels that is true of just about every investment. Driving price-volatility is the ease of sale and the trade-offs involved.  A share that offers regular and dependable dividends, even if its absolute value falls, is going to be hung on to more frequently than those shares that suffer a similar decline but only offer a capital gain.  For the latter, the race is on to sell before the drop neutralises any remaining capital gain the investor may have experienced. A house with a good tenant or a share with stable dividends will be kept in preference for the quick cash-return of selling an asset that offers no such ongoing returns. This would result, visually, in more eratic curves for \"\"speculative\"\" shares while more stable shares are characterised by periods of stability interspersed with moments of mania. But I have to take your query further, since you provide graphical evidence to support your thesis.  Your charts combine varying time-scales, different sample rates and different scales (one of which is even a log scale).  It becomes impossible to draw any sort of meaningful micro-comparison unless they're all presented using exactly the same criteria.\""}
{"text": " True, but it's still money that (in theory) could be paid to the employee instead, in the same way that the employer's social security contribution could also be paid to the employee.  Note that I'm not saying that if the law were changed, every employer would suddenly increase wages by _x_ percent; merely that these taxes all fit into wage calculations along with perquisites, salaries, overhead, etc."}
{"text": " You need an accountant and/or a lawyer who is familiar with the US tax code and the rules in South Korea (assuming from your tag). As the interest will be money generated in the US, you could be required to withhold some of the interest and remit it to the IRS (I believe 30% withholding rate). Since South Korea is a treaty country, your friend can complete and sign a form W8-BEN and give it to you, so you may withhold a lower amount. Your friend would need to file a return if too much was withheld. They may also get taxed in South Korea. There are probably rules in South Korea about minimum interest that must be charged, similar to Applicable Federal Rates for the US, so check with your accountant or lawyer for this. If you craft it correctly, you will be able to have a loan as a mortgage (with the house properly secured), which then would allow you to deduct mortgage interest rates from your return. As far as I am aware, there is no maximum amount for loans."}
{"text": " When I was pursuing my Business Degree in Canada we were told the standard notice period is 2 weeks on both sides. This means your employer is required to give you at least two weeks notice and you are required to give it as well. If you violate your notice requirement the employer can sue you for lost revenues and etc. for that time period. The converse side is if your employer failed to provide you with sufficient notice you could sue for lost wages for that time frame as well. I'm sure you can contractually agree to more than the legal minimum of two weeks."}
{"text": " RoyalBank provides a no fee transfer service (no fee in the sense that there is no per transfer fee aside from the spread). There is monthly fee if you keep less than 1500 or so on the american side. http://www.rbcroyalbank.com/usbanking/cross-border-transfer.html"}
{"text": " \"Well, I understand this forum is about money but I think you would be far better off if you invest the money in your daughters education or something similar that can bring much more significant future gains. I am a big fan of compound interest and investing in stocks but $700 sitting until she's 21 wont grow into a significant amount. When she's 21, what would you \"\"hope\"\" she'd spend the money on? something valuable like education right? so why don't you take the first step now so she will get a much bigger return than the monitory value. If I were you I'd invest in a home library or something similar.\""}
{"text": " The answer lies entirely with how the loan paperwork reads. The way I'd set it up, there's would need to be a large enough downpayment so the bank was willing to offer a loan strictly to the LLC with non-recourse to the members."}
{"text": " What I do in those cases - assuming I like the job - is ask for a review in 3-months. They usually take this to mean I want a raise-review and give me a raise. What I really want to know is how I'm doing. Some managers will only give feedback in a review instead of every day."}
{"text": " And it will fail miserably. Anyone who ever done any groceries knows shoppers dont behave in the way like that in the videos. Its way more chaotic especially around produces section. But sure, it looks nice for a concept video filled with people whom you rarely see at grocery stores."}
{"text": " 25 credit-hours=60+ hours of class time    5 classes. 4 hour class sessions (typically, sciences were usually 5) meeting 3 times a week. Two classes was considered full time. Like I said, I finished a four year degree in two. Most of my classmates are just about to graduate and I've been working for two years."}
{"text": " \"Well, they can. Up to six years in many countries. There can be consequences. If you went to the dentist three years ago, were happy with the bill and returned every six months, and the dentist informs you that your six $200 bills should have each been $1,200 then it is obvious that you would have looked for another dentist if the first bill had been correct; in that case you have a very good reason to refuse to pay the difference on the other five bills.  (That's if you were not aware that the bill was wrong. If every time he fixed your teeth and the bill says \"\"examining your teeth\"\" which you would expect to be a lot cheaper, then maybe you should have known that the bill was wrong. Just an example).\""}
{"text": " I would recommend that go through some forums where commodities topics be discussed so that if you have some issues related any point in commodities investment you will easily get your question sort out."}
{"text": " As I recall, the Scottrade minimum is only $500. (By the way, Scottrade has a feature to automatically reinvest any dividends which the securities pay) Once you have an account, you can buy into an index fund.  SPY tracks the S&P 500. It is also currently paying nearly 2% in dividends.  You can shop for other alternatives here: http://seekingalpha.com/insight/etf_hub/etf_guide/selector/article/39431-core-building-blocks-large-mid-small-cap-us-etfs"}
{"text": " Well, to get money, you need to leverage your assets.  So your options basically are:  - Asset: Cash.  Well, I figure if you had, you wouldn't have asked how to get more of it, but its always worth mentioning.  Don't forget about cash that can be in tricky places to tap, like 401ks, IRAs, investment accounts, etc.  There is usually some way to get at the cash, but it may not be worth it and you could end up sacrificing long term financial stability if you do.  - Asset: Job Skills and Initiative.  Get a job and and earn the cash.   $2k is not a ton, and if you live frugally you should be able to save it.  There are tons of websites dedicated to living frugally and earning extra cash on the side.   My personal favorite is r/beermoney.   - Asset: Good Credit. Borrow the money from a traditional bank.  Signature loans go up to $35k at most banks, just ask what it would take to qualify.  You could also get a credit card for that amount, and use it to start up the business.    - Asset. Bad Credit.  If you've got bad credit, you can still take out a loan from a place like Prosper or Lending Club or Sofi (these places are handy if you have good credit, too).  Your rates will be much higher, but they will still lend to you.  - Asset: Property.  If you own stuff, you can sell it and get cash.  Clean out your attic (or ask relatives if you can have the stuff in theirs!) and sell it.  If you own fancy stuff, you can borrow against it (home, car, boat, etc.).  - Asset: Your Charm and Winning Smile.  If you have a good, solid business plan (written down and professional looking), ask around and see if you can find an investor.  It could be friends or family, but it could also be someone who is looking to invest.  Be professional, and be sure to draw up the appropriate business docs if you do a partnership or take a private loan.  - Asset: Your Government.  If you live in the US, there are federal programs that offer Small Business Loans.  Check out sba.gov for more info.  You will need a business plan and will have to meet the criteria of the loan or grant.  Not sure if your Ecommerce business will meet the criteria, as the intent of these types of programs are to spur the economy by allowing small business owners to hire workers.  But its worth checking out."}
{"text": " \"Another problem with this plan (assuming you get past Rocky's answer somehow) is that you assume that $50K in construction costs will translate to $50K in increased value. That's not always true; the ROI on home improvements is usually a lot less than 100%. You'd also owe more property taxes on your improvements, which would cut into your plan somewhat. But you also can't keep doing this forever. Soon enough, you'd run out of physical and/or legal space to keep adding additions to the house (zoning tends to limit how much you can build, unless you're in the middle of nowhere, and eventually you'd fill the lot), even if you did manage to keep obtaining more and more loans. And you'd quickly reach the point of diminishing returns on your expansions. Many homebuyers might be prepared to pay more for a third or fourth bedroom, but vanishingly few in most markets will pay substantially more for a second billiards room or a third home theater. At some point, your house isn't a mansion, it's \"\"that ridiculous castle\"\" only an eccentric would want, and the pool of potential buyers (and the price they'll pay for it) diminishes.  And the lender, not being stupid, isn't going to go on financing your creation of a monstrosity, because they are the ones who will be stuck with the place if you default.\""}
{"text": " I'm a bond trader and we stayed away from this Tesla deal. Tesla is cash flow negative which is a terrible sign for a bond investor and is still relatively young and changing constantly. When assessing fixed income investments you want steady predictable cash flows and positive credit metrics. Tesla has none of that despite the run up in the stock. Even after taking all of these things into consideration the yields aren't even very high reflecting a compression in the amount of spread to treasuries investors are asking for taking on the risk in this kind of name. It speaks to an overvalued high yield market in general.  Ford on the other hand is a mature business with much more favorable credit metrics (debt interest coverage, consistent management, a credit history of borrowing and repaying their loans, etc.). All of these things are reflected in the yield that investors require when buying bonds."}
{"text": " I think we are arguing the same side of the coin here from different perspectives.    Let me re-phrase what I'm saying here:  I'm arguing that wages should be higher; that business takes advantage of the social safety net to keep wages low, pushing the balance of what they should be paying off to the taxpayer.    I'm not arguing to get rid of the social safety net.  It's there for two reasons:  First, people who have no income (as per your argument).  Second, people who have *insufficient* income.  My argument is meant to address the latter."}
{"text": " I would keep the letter in a file for follow-up, and I would do what you are already planning to do and wait to see what shows up on the credit report. If this does reflect an identity theft attempt, chances are that others will follow, so vigilance is key here. If there is a hard credit check, then you can dispute that on your credit report. If there is not a hard credit check, there is nothing further this credit card company can do to help you anyway."}
{"text": " I think you're missing Simon Moore's point. His point is that, due to low inflation, the returns on almost all asset classes should be less than they have been historically, so we shouldn't rebalance our portfolio or withdraw from the market and hold cash based on the assumption that stocks (or any other asset) seem to be underperforming relative to historical trends.  His last paragraph is written in case someone might misunderstand him, he is not advocating to hold cash, just that investors should not expect as good returns as has happened historically, since those happened in higher inflation environments. To explain: If the inflation rate historically has been 5% and now it's 2%, and the risk-free-market return should be about 2%, then historically the return on a risk-free asset would be 7% (2%+5%), and now it should be expected to be 4% (2%+2%). So, if you have had a portfolio over some time you might be concerned that the rate of return is worsening, but Simon's point is that before you sell off your stocks / switch investment brokers, you should try to figure out if inflation is the cause of the performance loss. On the subject  of cash: cash always loses value over time from inflation, since inflation is a measure of the increase in prices over time-- it's a part of the definition of what inflation is.  That said, cash holdings lose value more slowly when inflation is lower, so they are relatively less worse than before. The future value of cash doesn't go up in low inflation (you'd need deflation for that), it just decreases at a lower rate, that is, it becomes less expensive to hold- but there still is a price. As an addendum, unless a completely new economic paradigm is adopted by world leaders, we will always see cash holdings decrease in value over time, since modern economics holds that deflation is one of the worst things that can happen to an economy."}
{"text": " I started this off as a comment to Joe's answer, but it got rather messy in that form so I'll just post it as a separate answer instead. I suggest that you read Joe's answer first. I believe you are overthinking this. First, you really should be discussing the matter with your girlfriend. We can provide suggestions, but only the two of you can decide what feels right for the two of you. Strangers on the Internet can never have as complete a picture of your financial situations, your plans, and your personalities, as the two of you together. That said, here's a starting point that I would use as input to such a discussion: As you can see, a common theme to all of this is transparency and communication. There is a reason for this: a marriage without proper communication can never work out well in the long term. I don't know about Germany specifically, but disagreements about money tends to be a major reason in couples splitting up. By setting your lives up for transparency in money matters from the beginning, you significantly reduce the risk of this happening to you. Scott Hanselman discusses a very similar way of doing things, but phrases it differently, in Relationship Hacks: An Allowance System for Adults."}
{"text": " \"&gt; And what the hell would you use instead of \"\"going forward\"\"?  \"\"From now on?\"\"   As in:  \"\"Going forward, we will only touch base via email, unless we need to take it offline, in which case please reach out and we can do a coffee.\"\"  --- Versus ---  \"\"Learn to communicate in plain English, you pathetic corporate drone\"\".\""}
{"text": " It can be cheaper to have the store order it though. I had to order two large metal cabinets from Home Depot at one point and it would have been about $120 to ship it to me directly. Or ship it to the store 15 minutes away for free."}
{"text": " Vacuum pumps are the most credible part of any vacuum system and for safe and efficient operation, the right vacuum traps and filters should be installed on the inlet and outlet of the vacuum pump. Proper maintenance of filters and traps can improve the life of the vacuum pump and minimize harmful emissions into the environment."}
{"text": " ...And the US national debt **is** going up, accordingly.  That said, as long as Americans want Korean electronics, *and* we're not selling more to Korea than they are to us, **and** (most importantly) Korea would rather have US dollars than issue more Won...   *Both* sides come out ahead.  Debt isn't necessarily *bad*, it's just a bill you need to remember will come due some day."}
{"text": " \"That would have been right after he started.  He started immediately before the 9/11 attack.  The stock pretty consistently lost value for years as GE Capital disintegrated.  The 2007/8 economic dip hit GE's money business like a city bus as they owned a bunch of consumer debt (some of the shittiest debt around).  Lately, Jeff hasn't been able to sneeze without the stock price dipping.  Their \"\"digital\"\" push is more a punchline than a real business movement.  The company needs some direction.  Buy or sell the right parts.  Quit focusing on quarterly cost cutting as a means to meet unrealistic goals.  Etc.  The company needs new leadership, if only for the optics to the market.\""}
{"text": " The key to understanding a mortgage is to look at an amortization schedule.  Put in 100k, 4.5% interest, 30 years, 360 monthly payments and look at the results.  You should get roughly 507 monthly P&I payment.  Amortization is only the loan portion, escrow for taxes and insurance and additional payments for PMI are extra. You'll get a list of all the payments to match the numbers you enter.  These won't exactly match what you really get in a mortgage, but they're close enough to demonstrate the way amortization works, and to plan a budget.  For those terms, with equal monthly payments, you'll start paying 74% interest from the first payment.  Each payment thereafter, that percentage drops. The way this is all calculated is through the time value of money equations.  https://en.wikipedia.org/wiki/Time_value_of_money.  Read slowly, understand how the equations work, then look at the formula for Repeating Payment and Present Value.  That is used to find the monthly payment.   You can validate that the formula works by using their answer and making a spreadsheet that has these columns:  Previous balance, payment, interest, new balance.  Each line represents a month.  Calculate interest as previous balance * APR/12.  Calculate new balance as previous balance minus payment plus interest. Work through all this for a 1 year loan and you will understand a lot better."}
{"text": " \"As others have pointed out, leveraged investing is investing borrowed money. To do so, you need to convince a lender that you're good for the loan. This usually means you need to have collateral worth what you're trying to borrow, or you need to pay a higher rate to account for the fact that they're gambling that you will remain employed and pay off the loan. Leveraged investing is, in general, a risky move for exactly this reason. You can lose not just your original investment, but everything you borrowed as well. The only time it really makes sense, in my admittedly conservative opinion, is when you (a) can afford to suffer that loss, (b) are pretty confident of your investment, and (c) have assets which you have no intention to sell for the duration of the loan. An \"\"unneeded\"\" mortgage on a house is a classic example, thusly: When I purchased my house, I had enough savings that I could have bought it without taking a mortgage. Instead, I took out a mortgage for a large part of that, and left the remainder in my investment accounts -- essentially building the leveraging loan into the mortgage. I then got obscenely \"\"lucky\"\" when interest rates fell through the floor due to the Great Recession, and was able to refinance the mortgage to near record low rates. As a result, on that loan -- which, as I say, I'm in the position of being able to pay off at any time without killing my finances -- I'm currently paying about 3.5%, while the cash this has let me leave in my investments is earning several times that... a net win. But again, note that this required collateral. Essentially, all I'm doing is paying a bit to to borrow my own money (part of the value of the house). There really is no easy way to \"\"convert 25k to 250k\"\" -- if there was, everyone would be doing it.  There's no magic in investment. Just time and compounding returns and trading off risk against potential gain. The more you try to push it and win big, the more you risk losing big. I really recommend not attempting anything fancy until you're wealthy enough that you can afford those losses. But if you insist on playing in this space, the answer to your question is to buy options. Options are a packaged form of borrowing to invest. Note that they're still considered high-risk unless you know EXACTLY what you're doing, and again I strongly recommend you not put money into them unless you can afford to lose it -- options have a nasty habit of turning from apparent gains on paper to losses remarkably quickly.\""}
{"text": " Singapore does well because?  Zurich does well because?  London is already a much larger and more versatile financial centre than anywhere you have cited (bar New York) or the above.  Not all financial services require passporting and, as I mentioned,'it remains to be seen whether some arrangement can be reached that allows firms UK firms similar passport privileges within the EU that they currently enjoy. Finance is very different from trade and the City is far less vulnerable to this political divorce than British importers and exporters.   Never mind that London is a much greater cultural hub than any would be pretenders. I work in finance, no one I know has the slightest inclination to move to Frankfurt.  It'll take a generation for any city to build up the institutional knowledge, infrastructure and talent pool that exists in Greater London."}
{"text": " Yes,  if you choose to live within the benefits provided by a system *and* choose to illegally not pay for your part, then yes expect armed men to show up at your door - and rightfully so.  Try joining a family you don't know at a restaurant, start helping yourself to their food and see what happens..."}
{"text": " Another form of 'shareholder' activism. You might be able to buy a single share, which it seems would cost around $35, attend the AGM, and ask questions and/or shout or sing and delay proceedings. There would certainly be security guards or police ready to remove protesters at an AGM."}
{"text": " On the off chance that your indebted person is unwilling to pay and you know they have the methods, it's a great opportunity to utilize your neighborhood sheriff. You have three alternatives to gather: a bank exact, wage garnishment, or a land lien.  It sounds like you'll have to contact your nearby police/sheriff's specialty and they can additionally enable you to out and get you your cash."}
{"text": " When I read Lukacko's comment, I assumed he was referring to the managers of the (failed) big banks as being unproductive, nowhere did I see him claim the poor were at fault.  Obviously, one of us is misreading his comment. I suspect it's you.  You see, the managers of the big banks failed. The Government responded by throwing money at them. They are *still* failures. They are *still* losing money (see: JPMorgan). Throwing money at them didn't solve a damn thing, did it? It only made the problem worse."}
{"text": " I am a realtor and work for Rausch Coleman and can answer this question for you. We are a production builder. We build in communities with typically 5-9 Floorplan options per community and a select set of option and finishes that we offer. Because of the set options, we buy the materials in bulk and are able to receive cost savings on that from our suppliers which we can pass on to you. We use the same trades consistently through out our division which means they have our plans and process down to a science. They know the product, which means less likely to make mistakes and less likely to miss things. Our heart is affordability in that we understand that not everyone can afford granite, gas, hardwood floors, etc. so we allow you to be able to customize your monthly payment, and that you are not financing something you may not want or need or to allow you to get in to a home you may not be able to afford otherwise. We work a lot with the first time buyer and we want to provide the best quality for the best value. We start our homes at a base model and allow you to customize the way you want (adding granite, gas, hardwoods, fireplace, etc.) and in doing that we allow you to choose whether you want to pay $90 or $101 per square foot or whatever that may be. I can tell you in Northwest Arkansas we are the best value and the quality shows. I pull comps consistently and in fact have another builder in the same community as I sell in. Our homes in this community for single stories is about $88-$95 and two story homes are on average $78-$86.  Two stories are more cost efficient in that the square footage goes up and not out so there is less concrete, which is one of the most expensive parts of the homebuilding process. This other builder consistently sells their homes for $101-$105 per square foot, and uses the exact same materials we do. The difference? Yes granite and hardwoods and gas and custom cabinets come standard, you have no choice in that. Would you rather have the option for a lower priced home if you didn't want granite? Or if you'd rather have carpet? We build in 5 different markets over 4 states and are in our 61st year of business. I'd love to meet with you and can walk you through a community and show you our homes (at all stages of construction) where you can see the product and quality in our homes. I am in our Dixieland Crossing community here in Northwest Arkansas. You can check out our website for other information at www.rauschcoleman.com"}
{"text": " Th corruption was when they created it then wHen they maintained and managed it ever since. It was a scam from the start and by allowing it to continue served the corrupt incestuous elements of governmental activities. There are so many other such activities in municipal corruption administration."}
{"text": " &gt; 5-10 years  Dude, 5-10 years is nothing. For people who make a living in the trucking industry that means that in as little as 5 years they may need to have have reinvented their careers. If you're a career truck driver without any other education you could be screwed before you know it."}
{"text": " There is some advantage to putting your house downpayment in the Roth to get tax-free growth. However this advantage is offset by the risk of the investment losing value in the short period before you take advantage of it. You might go this route if the timeline is greater than 5 years and you use a conservative investment vehicle."}
{"text": " Who the fuck cares what most voters think? Most Americans also were unable to do the simple math to tell you whether you would have more or less purchasing power in a scenario where annual interest on your savings account was 1% but inflation was 2%.  There's a reason we don't allow the average citizen to have a voice in regards to the economy and that is it. The profound level of ignorance from the average person regarding even the most simplistic elements of finance is appalling and disgusting."}
{"text": " \"[JAPS Surrender](http://www.amren.com/ar/2009/05/15a-japs-surrender.jpg), also not an accurate headline since not all Japanese did surrender and there were some holdouts in remote locations for decades after the war.  No headline can be accurate under strict enough criteria and there are limitations on headline space because it quickly turns into a paragraph to get everything right (it's head**line** not headparagraph with citations). Also headlines, so far as I know, are used to grab attention and the facts are in the story (which qualifies the headline). That's the way it's always been. And \"\"Stuff About CEO Pay\"\" doesn't have anywhere close to the same appeal.\""}
{"text": " I thought they did that a long time ago - are they just refreshing the rule or something?  Meanwhile, the way the law is written, seems like an advertiser could pick a program that has some overly loud parts at the beginning and middle, thereby having a louder average volume overall, so the commercial can be louder."}
{"text": " Mathwise, I absolutely agree with the other answers.  No contest, you should keep getting the match.  But, just for completeness, I'll give a contrarian opinion that is generally not very popular, but does have some merit.   If you can focus on just one main financial goal at a time, and throw every extra dollar you have at that one focus (i.e., getting out of debt, in your case), you will make better progress than if you're trying to do too many things at once.  Also, there something incredibly freeing about being out of debt that has other beneficial impacts on your life. So, if you can bring a lot of focus to the credit card debt and get it paid off quickly, it may be worth deferring the 401(k) investing long enough to do that, even though it doesn't make as much mathematical sense.  (This is essentially what Dave Ramsey teaches, BTW.)"}
{"text": " The biggest concern is how you get $250,000 in unsecured credit. It's unlikely that you will be loaned that amount at a percentage lower than what you expect to earn. Unsecured credit lines are rarely lower than 10% and usually approach 20%. On top of that, for a bank to approve you for that credit line, you have to have a high credit score and an income to support the payments on that credit line. But lets suspend disbelief and assume that you can get the money you want on loan. You would then be expected to pay back that 10%, but investments don't go up uniformly. Some years they go up 15-20% and other years they go down 10%. What do you do if you have to sell some of your investments in a down year? That money is no longer invested, and you can't recover it with the following up year because you had to take too much out to cover the loan payments. You'll be out of money long before the loan is repaid because you can expect there will be bad years in the stock market that will eat away at your investment. There were a lot of people who took their money out of the market after the crash of 2008. If they had left their money in through 2009, they would have made all that money back, but if you have a loan to pay you have to pull money out in the bad years as well as the good years. Unless you have a lucky streak of all good years, you're doomed."}
{"text": " Some of the information on the HUD-1 form would have been useful to complete the income tax paperwork the next spring. It would have had numbers for Taxes, and interest that were addressed at the settlement. It is possible it is mixed in with the next years tax information. If I needed a HUD-1 form from 15 years ago, I wouldn't ask the real estate agent, I would ask the settlement company. They might have a copy of the paperwork. They might have to retrieve it from an archive, so it could take time, and they could charge a fee. The local government probably doesn't have a copy of the HUD-1, but they do have paperwork documenting the sale price when the transaction took place. I know that the jurisdictions in my area have on-line the tax appraisal information going back a number of years. They also list all the purchases because of the change in ownership, and many also list any name changes.  You probably don't want a screen capture of the transactions page, but the tax office might have what you need. This is the same information that the title search company was retrieving for their report. Question. Is there going to be capital gains? For a single person there is no gains unless the increase in price is $250,000. For a couple it is $500,000. I am ignoring any time requirements because you mentioned the purchase was 15 years ago. I am also assuming that it was never a rental property, because that would require a lot more paperwork."}
{"text": " It will not be a problem; people regularly move larger sums. It will be reported to law authorities as large enough to be potentially of interest, but since you can explain it that's fine."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.theguardian.com/commentisfree/2017/sep/04/britain-addicted-debt-crash-2007-sub-prime-mortgages-personal-credit) reduced by 93%. (I'm a bot) ***** &gt; This is, of course, what determined the depth of the last crash, the wheeze of the collateralised debt obligation, which left no one able to distinguish between a good debt and a bad one.  &gt; Alex Brazier, executive director of financial stability at the Bank of England, warned last month that consumer loans had gone up by 10% in the past year, with average household debt having already eclipsed 2008 levels.  &gt; Student loan debt is counted separately from consumer loans, and stands at &amp;pound;13bn a year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6y43cq/we_are_addicted_to_debt_and_headed_for_a_crash_it/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~204396 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*: **debt**^#1 **know**^#2 **year**^#3 **much**^#4 **loan**^#5\""}
{"text": " &gt;With so many establishments saying facebook was built on hype and was going to burn a lot of investors, I actually thought it might go up.  Why would you think that?  If you're new to investing, why would you bet against the people who make their entire livelihood analyzing the stock market?"}
{"text": " MicroGrid\u00ae precision expanded metal foils from Dexmet are the materials of choice for lightning strike protection in composite aircraft structures. MicroGrid\u2019s biggest advantage is Dexmet\u2019s ability to tightly control the manufacturing process to meet a specific weight, open area, and conductivity requirement. For more information email us at sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website www.dexmet.com."}
{"text": " \"Understandable from an \"\"artistic\"\" perspective, but arguing that an outdated analogue medium provides superior sound is just not true. I think people forget how much better CDs were than vinyl at the time in both sound quality and convenience.\""}
{"text": " Rosewood Green offers buyers an affordable choice of registered land with a wide range of houses and land packages on offer from the area\u2019s leading builders. Your new home will be close to the beautiful Rosewood golf course, local schools and train, and an easy commute to the city and RAAF base. All the benefits of country living close to the city."}
{"text": " They are wrong. Agreed. The problem I have is that sooner or later you get in so much debt no one will lend money to you anymore. At that point austerity is forced on you. The increased spending comes from domestic and foreign investors. We all know how fickle the financial markets can be. If our debt gets too high and they cut off the tap, we are fucked. I don't think we are anywhere near that point now. However, things can change dramatically in the course of a few months. Political tensions, global uncertainty and social unrest could all cause enough of a panic that people start questioning the safety of U.S. treasuries. We could also see the day where everyone collectively demands the U.S. stop ripping them off with negative bond yields. Like I said, I see no indication of that now, but who knows how long it will take?  I know this is a bit of a tangent, but it is clear. My solution: borrow money to improve the economy while you can but make sure that your dollars count to fixing the economy. Otherwise, you are going to be stuck with a stagnant economy  AND at a serious risk of bankruptcy when the financial markets no longer see you as a wise investment. You can't save yourself from falling off of two cliffs at the same time so our politicians should stop dicking around and start looking for real solutions with the money they are borrowing instead of pissing it away on useless shit."}
{"text": " I'll extend an olive branch here and concede that we have a lot more luxuries which is why we have more to work and pay for. But my point is we could have more or less the same amount of stuff by working 3 days a week.   I've heard that millenials are less materialistic than previous generations, so it will be interesting to see the effects of that.   Also, we need to take into account that AI likely will replace a large amount of jobs in the future as well. Maybe it will be even more plausible for most people to only work 3 days a week on average."}
{"text": " 1. Government grants patent rights to Mylan for Epipen. 2. Epipen goes off patent. 3. Government puts onerous restrictions on generic alternatives, rejects several company's formulations because plastic autoinjecting syringe isn't foolproof enough for morons to use. 4. Mylan raises prices given government granted monopoly. 5. Government shocked that government caused problem is a problem, recommends more government.  How about no.  Abolish the FDAs ability to approve generics and get government out of the way.  These drugs have already been scrutinized, they don't need to be again.  Even better, abolish the FDA altogether and let the market work properly."}
{"text": " Did you buy near the bottom? Suppose you did then the price is still 16% below. 50% fall and then 40% increase leaves a 16% gap. So there could still be upside. However, it appears that you are talking about a small-cap that is volatile. I wouldn't hold it. I would take the money and invest elsewhere. If you have a lot of shares and brokerage is less then sell 60% now and the remaining 40% on either 10-15% jump in price or if it falls by 5% from now. Too risky to hold longer-term."}
{"text": " Yes I feel like a lot of people are intimidated of going to a local sports bar so BWW is a safe choice. If you notice most of the people there seem to skew younger. Once they get older, they go to local pubs. BWW is an intro bar / restaurant."}
{"text": " \"This is the best tl;dr I could make, [original](http://www.afr.com/business/banking-and-finance/financial-services/maurice-blackburn-weighs-cba-class-action-20170823-gy235k) reduced by 84%. (I'm a bot) ***** &gt; Law firm Maurice Blackburn and ASX-listed litigation funder IMF Bentham are preparing to launch a class action against Commonwealth Bank of Australia alleging failures to disclose to the stockmarket AUSTRAC&amp;#039;s investigation of its anti money laundering shortcomings.  &gt; Disclosure should have been as early as August 17, 2015, the class action will argue - the date CBA released its annual report and a retail booklet for a $5 billion rights issue.  &gt; CBA has around 800,000 retail shareholders but under class action law, only those who purchased shares and held some of them during the period of alleged non-disclosure will be able to participate in the action.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6vikty/maurice_blackburn_weighs_cba_class_action/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~196808 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*: **CBA**^#1 **action**^#2 **class**^#3 **AUSTRAC**^#4 **case**^#5\""}
{"text": " Aside from the averages mentioned by Jahlapenoez, it may also be useful to group depositors into different categories based on account size and transaction history (# of deposits, # of withdrawals, size of each, etc.) then track how those numbers change on whatever time periods you need to capture. Analysts can use that to see what's going on with outliers as well and assign profitability metrics for the different groupings.  It really helps to have the data structured in a way that allows analysts to ask these questions and retrieve them easily. So the data discovery process will be helped or hindered a lot by the maturity of the bank's data warehouse as well as the tools used for data analysis."}
{"text": " \"There was a time when government policy was actually pretty damn smart. There were a range of \"\"automatic stabilizers\"\" that kicked in when there was a recession and they had a fast and large impact.  It wasn't until Reagan that we started to chip away at those as well as go into a perpetual debt stimulus posture. These two actions helped to prime the system for an inevitable \"\"large\"\" shock.  Even now, after one of the longest expansions in history we're STILL running a substantial deficit. And as such the appetite to expand it when the next recession hits will be diminished (as it was during the great recession when we really needed 3 trillion in stimulus spending and got less than 1).\""}
{"text": " The thing you get wrong is that you think the LLC doesn't pay taxes on gains when it sells assets.  It does. In fact, in many countries LLC are considered separate entities for tax properties and you have double taxation - the LLC pays its own taxes, and then when you withdraw the money from the LLC to your own account (i.e.: take dividends) - you pay income tax on the withdrawal again. Corporate entities usually do not have preferential tax treatment for investments. In the US, LLC is a pass-though entity (unless explicitly chosen to be taxed as a corporation, and then the above scenario happens). Pass-through entities (LLCs and partnerships) don't pay taxes, but instead report the gains to the owners, which then pay taxes as if the transaction was their personal one. So if you're in the US - investing under LLC would have no effect whatsoever on your taxes, or adverse effect if you chose to treat it as a corporation. In any case, investing in stocks is not a deductible expense, and as such doesn't reduce profits."}
{"text": " Yes, nothing is impossible! :) You can buy it directly from the factory of manufacturer, but then you will have to pay for sea shipping of this car. E.g. you can buy it directly from Japanese Toyota but then you will have to pay to sea cargo ship to deliver your car in container from Japan. Since this car is already your property, before importing to US, I doubt that you would need to pay any custom fees. In the end, the total payment might be a lot cheaper that you can buy there, but you need to be prepared to all this hassle"}
{"text": " In my opinion, I would: If the income is from this year, you can tax shelter $59,000 plus somewhere between $50,000 and $300,000 depending on age, in a 401(k) and defined benefit plan. This will take care of the current tax burden. Afterwards, set aside your remaining tax liability in cash. The after-tax money should be split into cash and the rest into assets. The split depends on your level of risk tolerance. Build a core portfolio using highly liquid and non-correlated ETFs (think SPY, TLT, QQQ, ect.). Once these core positions are locked in. Start lowering your basis by systematically selling a 1 standard deviation call in the ETF per 100 units of underlying. This will reduce your upside, extend your breakeven, and often yield steady income. Similarly, you can sell 1 standard deviation iron condors should the VIX be high enough. Point is, you have the money to deploy a professional-type, systematic strategy that is non-correlated, and income generating."}
{"text": " The main point of the article from my perspective was that Uber should have fought the laws, rather than blatantly ignore them and operate illegally... and it's too late for them to do that.  That's why the author mentioned how the Uber CEO initial attack on Lyft was a claim that *they* were operating illegally.  Although I think the author is wrong for claiming all the 'tech' was coming to the taxi industry anyway (yeah, right).. I think the primary conclusion is that Uber's competitive advantage was mainly operating illegally."}
{"text": " The lottoplayingtowin give a chance for the big jackpot in the lottery system. Lotto is the original in-state Draw Game that creates millionaires. The jackpot prize starts at $1 million and grows until someone hits all six numbers. The game also offers three additional ways to win cash. If you want to tip, how to win lotto, then you can visit our company website. There are some useful tips and tricks on How to play the lottery to win in a perfect manner."}
{"text": " Internet and Game Zone provides computer services in Morrinsville town of Waikato. Our services include Photostat, printing, scanning, gaming, windows installation, virus removal, antivirus installation and much more. Visit our website to know more about us and the services provided by us."}
{"text": " Ponder this. Suppose that a reputable company or government were to come out and say hey, we are going to issue some 10 year bonds at 6.4%. Anyone interested in buying some? Assume that the company or government is financially solid and there is zero chance that they will go bankrupt. Think those bonds would sell? Would you be interested in buying such a bond? Well, I would wager that these bonds would sell like hotcakes, despite the fact that the long term stock market return beats it by a half percent. Heck, vanguard's junk bond fund is hot right now. It only yields 4.9% and those are junk bonds, not rock solid companies (see vanguard high yield corporate bond fund) Every time you make an extra principal payment on your student loan, you are effectively purchasing a investment with a rock solid, guaranteed 6.4% return for 10 years (or whatever time you have left on the loan if make no extra payments). On top of that, paying off a loan early builds your credit reputation, improves your monthly cash flow once the loan is paid, may increase your purchasing power for a house or car, and if nothing else, it frees you from being a slave to that debt payment every month.  Edit Improved wording based on Ross's comment"}
{"text": " Transparency. If I need materials to build a house or food from a restaurant, I can get up front pricing easily. With healthcare, you have to jump through flaming hoops to get an idea of what you're going to pay. Also, healthcare costs are very negotiable and consumers don't realize this. There aren't a lot of B2C businesses that accept bargaining and negotiation as a part of doing business, unlike B2B so the consumer assumes that the quoted price is the final price. You can always negotiate things with your healthcare (for example I negotiated my dental bill before agreeing the to service)."}
{"text": " I've been looking for a Zildjian documentary that I saw on the TV a couple years ago. Can't seem to find it. It had a bunch of drummer greats playing and talked about the history and production.  I would love if someone could source it for me.  Edit: I think it's a Sabian doc for bravo Canada."}
{"text": " \"&gt; Hopefully it helps the many dissatisfied Trump voters.  No such thing! No \"\"dissatisfied Trump voters\"\".  So these good news have nothing to do with Trump?  Ok, so far, I and the stock market are showing great confidence in the future under Trump.  Let's wait for future news... good news?  **Are you claiming that under Trump, the economy will suffer?**  If so, why? How?\""}
{"text": " You should ask your bank about currency exchange. Some banks provide that as a service, others will refer you to bigger banks. As for keeping the converted USD in your bank account, that will also depend on your bank - smaller banks probably can't, while big banks probably can.  Bottom line, you should ask your bank about it."}
{"text": " Depending on your bank you may receive an ACH discount for doing automatic withdrawals from a deposit account at that bank. Now, this depends on your bank and you need to do independent research on that topic. As far as dictating what your extra money goes towards each month (early payments, principal payments, interest payments) you need to discuss that with your bank. I'm sure it's not too difficult to find. In my experience most banks, so long as you didn't sign a contract on your mortgage where you're penalized for sending additional money, will apply extra money toward early payments, and not principal. I would suggest calling them. I know for my student loans I have to send a detailed list of my loans and in what order I want my extra payments toward each, otherwise it will be considered an early payment, or it will be spread evenly among them all."}
{"text": " Only from those would lose money from this competition. I could see any meat company like foster famers lobbying against it.  Only if it's cheaper will most of the public turn to it I think sadly. I'm 100% for it though."}
{"text": " \"Since I can't vote up the answer yet, I will agree with it here. I find the best tactic when you call is to tell them you have an offer in hand and will use it if they don't match the rate exactly or discount it enough to save you the trouble of going through the process of a balance transfer. So if they balk and say \"\"No,\"\" then walk and go (to the in hand offer). Just remember, the worst they can say is \"\"No.\"\"  If you don't even bother to ask, it's as if you did and they said \"\"No,\"\" as either scenario leaves you with the same result: an unchanged interest rate.\""}
{"text": " The store near me really sucks. I'll admit I haven't been to many other Best Buys in a few years as it's not really the area of retail real estate I've been involved in, but the two in my area are always a disaster. I've had Dynex cables fail three times on me when they're basically plugged in once and and never moved, and the stores near me never have any cheap phone cables in stock, only 2/20 and it's the exorbitantly expensive 3rd party ones that nobody wants. It's not a slight against you but all of the major big box retailers are like this. Walmart, Target, Best Buy, Fry's Electronics (great deals but the worst customer service) etc"}
{"text": " \"Well, maybe its only something that \"\"Nobel laureates\"\" are allowed to do, amiright?   I mean even if the \"\"Nobel\"\" isn't *really* a Nobel; and then as if the Nobel really mattered at all anyway (as far as somehow \"\"anointing\"\" someone as being infallible as some \"\"Pope\"\" of a given field).\""}
{"text": " The collectible value of coins will probably increase with the underlying metal value. I'd collect coins for that reason and because I enjoy collecting them. I wouldn't recommend buying bags of rolled nickels or anything though."}
{"text": " You're gonna be disappointed when you realize how much influence the president has - especially a president who has party majorities in congress.  Sure, his most extreme bills have stalled, but most of his worst cabinet appointments are working away to make the extremist agenda a reality. Just wait til he picks a new Fed chair..."}
{"text": " You should not look at volume in isolation but look at it together with other indicators and/or the release of news (good or bad). When there is lower than average volume this could be an indication that the stock is in a bit of a holding pattern, possibly waiting for some company or economic news to come out (especially when accompanied by small changes in price). It could also mean that trading in a certain direction is drying up and the trend is about to end (this could be accompanied with a large move in price). When there is higher than average volume (2 to 3 times more or higher), this could be due to the release of company results, company or economic news, or the start or end of a trend (especially if accompanied by a gap). A large increase in volume accompanied by a large fall in price (usually a gap down) may also be an indication the stock has gone ex-dividend. There could be a range of reasons for variations in volume to the average volume. That is why you need to look at other indicators, company reporting and news, and economic news in combination with the volume changes to get a grasp of what is really happening."}
{"text": " Your logic is not wrong.  But the risk is more significant than you seem to assume.  Essentially you are proposing taking a 2.6% loan to buy stocks. Is that a good strategy?  On average, probably.  But if your stocks crash you might have significant liabilities. In 1929, the Dow Jones dropped 89%.  In 1989, >30%.  In 2008-9, 54%.  This is a huge risk if this is money that you owe in taxes.  If you operate the same system year after year the chance of it going horribly wrong increases."}
{"text": " A solution to this is the person charges their car at work. It's not a solution for every person that you described. Another option is for the person to charge their vehicle while shopping for groceries using the fast charge station. I imagine most city dwellers or folks living in the inner suburbs have short commutes, 5-10 miles (a guess), that's a max of 200 miles for the work week; easily covered by the Tesla and Bolt."}
{"text": " The issue with trading stocks vs. mutual funds (or ETFs) is all about risk. You trade Microsoft you now have a Stock Risk in your portfolio. It drops 5% you are down 5%. Instead if you want to buy Tech and you buy QQQ if MSFT fell 5% the QQQs would not be as impacted to the downside. So if you want to trade a mutual fund, but you want to be able to put in stop sell orders trade ETFs instead.   Considering mutual funds it is better to say Invest vs. Trade.  Since all fund families have different rules and once you sell (if you sell it early) you will pay a fee and will not be able to invest in that same fund for x number of days (30, 60...)"}
{"text": " think of all the stuff the average 10 yr old would buy! Advertisers would love to flood their impressionable little minds with messages!  But srysly.... it sounds fucking pointless. It's just so FB can inflate their memebership numbers. Gotta push for that 1 billion...."}
{"text": " \"I don't follow the numbers in your example, but the fundamental question you're asking is, \"\"If I can borrow money for a low cost, and if I think I can invest it and receive returns greater than that cost, should I do it?\"\" It doesn't matter where that money comes from, a mortgage that's bigger than it needs to be, a credit card teaser rate, or a margin line from your stock broker. The answer is \"\"maybe\"\" - depending on the certainty you have about the returns you'd receive on your investments and your tolerance for risk. Only you can answer that question for yourself. If you make less than your mortgage rates on the investments, you'll wish you hadn't! As an aside, I don't know anything about Belgian tax law, but in US tax law, your deductions can be limited to the actual value of the home. Your law may be similar and thus increase the effective mortgage interest rate.\""}
{"text": " Absolutely agree. The more I read on this, the angrier I get. The sale of the shares, the delay in disclosure, the unbelievable abandonment of responsibility from a company that holds the keys to the castle for hundreds of millions of people. It stinks of bullshit. They need to feel the full weight of the law."}
{"text": " You seem to be the ignorant one here. JPM has huge silver losses from many decades ago they've never had to cover. They also held down the price of silver for quite a while until their prop desk closed. They did the governments work of maintaining the legitimacy of the dollar. JPM is intertwined with the Federal government probably more so than any other bank/investment bank.        Not mentioning the involvement of JPM and the government would be an argument from ignorance."}
{"text": " No. If you didn't specify LIFO on account or sell by specifying the shares you wish sold, then the brokers method applies.  From Publication 551 Identifying stock or bonds sold.   If you can adequately identify the   shares of stock or the bonds you sold, their basis is the cost or   other basis of the particular shares of stock or bonds. If you buy and   sell securities at various times in varying quantities and you cannot   adequately identify the shares you sell, the basis of the securities   you sell is the basis of the securities you acquired first. For more   information about identifying securities you sell, see Stocks and   Bonds under Basis of Investment Property in chapter 4 of Pub. 550. The trick is to identify the stock lot prior to sale."}
{"text": " \"Pay someone a fee to borrow their private Uber shares, then sell those private shares to someone else, then find someone else you can buy their private shares from for less than the net of the proceeds you made selling the borrowed shares you sold plus the fees you've paid to the first person and return your newly purchased shares back to the person you initially borrowed the shares from. On a serious note, Uber is private; there is no liquid public market for the shares so there is no mechanism to short the company.  The valuations you see might not even be legitimate because the company's financials are not public.  You could try to short a proxy for Uber but to my knowledge there is no public \"\"rideshare\"\"/taxi service business similar enough to Uber to be a reasonably legitimate proxy.\""}
{"text": " I understand the frustration, American politics is pretty utterly fucked isn't it?  &gt; Anyway, I think we should be doing our best to incentivize corporate formation by lowering corporate taxes to zero and moving the incidence of taxation directly to capital.  That's interesting, and I've heard it before. Is something [like this writer](http://www.theatlantic.com/business/archive/2010/10/why-we-should-eliminate-the-corporate-income-tax/65351/) outlines what you are thinking? Essentially remove corporate taxes, and then tax dividends and capital gains as normal income?"}
{"text": " &gt;His support seems to have a floor of around 30%, unfortunately; so, nearly 1/3 of the population (which is still way too high).   His support is not 30% of the population. He got 19% of the US populations vote, and his [disapproval numbers have only gone up while approval has gone down.](http://www.gallup.com/poll/201617/gallup-daily-trump-job-approval.aspx) With that in mind, the argument that he has more support now than on election day has very little merit, while the argument that he has less support than election day is pretty well supported.   Trump likely has the support of about 15% of the population."}
{"text": " Yes, I really don't disagree with anything that you're arguing regarding social mobility. In general, the lack of social safety net in the US and UK don't enable social mobility.  I would also point out that rich kids tend to inherit and so tend to stay in the class with which they were born to. For instance, I know a lawyer whose son is a stereotypical fuck up. Sure, he'll have six figure income all his life due to inheriting dad's money, but he'll never earn anything on his own. Is that success? I don't think so.  I would also assert that the point is more salient in the middle class. Just because my parents are middle class doesn't mean that I would be middle class. There's quite a few ways that I could have veered off and ended up quite poor. I know a consultant who was solidly middle class who's son flips burgers for a living. Said son is a bloody smart person from what I heard, but never got his shit together.  So yes, I agree that decreasing social mobility is a problem. I'd also argue that success is only predicate on luck."}
{"text": " I would use neither method.  Taking a short example first, with just three compounding periods, with interest rate 10%.  The start value y0 is 1. So after three years the value is 1.331, the same as y0 (1 + 0.1)^3. Depreciating (like inflation) by 10% (to demonstrate) gets us back to y0 = 1 Appreciating and depreciating by 10% cancels out: Appreciating by 10% interest and depreciating by 3% inflation: This is the same as y0 (1 + 0.1)^3 (1 + 0.03)^-3 = 1.21805 So for 50 years the result is y0 (1 + 0.1)^50 (1 + 0.03)^-50 = 26.7777 Note You can of course use subtraction but the not using the inflation figure directly.  E.g. (edit: This appears to be the Fisher equation.) 2nd Note Further to comments, here is a chart to illustrate how much the relative performance improves when inflation is accounted for.  The first fund's return is 6% and the second fund's return varies from 3% to 6%.  Inflation is 3%."}
{"text": " \"Open standards need to be put in place by the open source community (including business interests), codified into a self-hosted option as a first class citizen *by law*, with a final sugar coated offering of hosted options managed by private enterprise. They can use the open source model as much or as little as they want.  With the Equifax scandal, we have little option but to include a \"\"nerd friendly\"\" secure version of this software that's available on the government's dime. And by government I mean \"\"we the people\"\", not \"\"big government\"\".\""}
{"text": " The Canadian government position is that 35 states and nine million American jobs depend on trade with Canada.    Wikipedia's position is that a little over 7 million jobs in the US are dependent on trade with Canada, and that all 50 states have jobs that are dependent on trade with Canada. That's from a 2007 report."}
{"text": " A Section 1256 contract is any: Non-equity options include debt options, commodity futures options, currency options, and broad-based stock index options. A broad-based stock index is based upon the value of a group of diversified stocks or securities (such as the Standard and Poor's 500 index). 60% of the capital gain or loss from Section 1256 Contracts is deemed to be long-term capital gain or loss and 40% is deemed to be short-term capital gain or loss. What this means is a more favorable tax treatment of 60% of your gains. http://www.tradelogsoftware.com/tax-topics/futures/ It's a really wierd rule (arbitraty 60% designation, so broad, etc), but section 1256 contracts get preferential tax treatment and that's what Buffett's talking about."}
{"text": " \"The statement is (in laymans terms - if not in real terms) correct. Most credit cards (I know this to be true for VISA and Mastercard) have dispute processes and will do a chargeback on the merchant - ie take the money back from the supplier in cases where you don't receive the goods or other fraud - Particularly if they can't produce a signature and (for transactions which are not face-to-face) a tracking number. Your exact rights will vary by bank, but mostly they need to follow the guidelines set by the Credit Card company - and you do need to be a bit careful - if you received goods which were fake or a dispute arises you may be up for shipping the goods back to the merchant - and you have a limited - but reasonable time - in which to make the dispute. (The statement \"\"the money is the banks\"\" is not technically true, there is no money involved until you pay it, only credit [ they are very different, but almost no-one knows that, I communicated with a Minister of Finance on the topic], but this is quite technical and as a layman not something you need to worry about here)\""}
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{"text": " I work in corporate finance at a large bank. Here's my opinion.  I'd say learn SQL, Tableau, and OBIEE first in that order.   I do know Java but have never personally used it at work. I know some people that do and Java is usually the language of choice for banks. It's really good to know but it's rare that a company would expect an accounting or finance person to use it.  But almost every team in corporate finance will use at least one of the other three. Most finance / accounting people don't take the time to learn these. So most teams have one or two hot shots that do most of the work.  Also, you can learn those three easily over the summer if not sooner. They aren't very difficult. Java is more complicated so maybe take your time learning that after the other ones."}
{"text": " Hang on, hang on... I am willing to bet there are a lot of farmers that do it for the money, and a lot that do it because they want to provide a better product (e.g. free range pigs) along with the money.  My point was they're not mutually exclusive. Same goes for pharma. And frankly I've contracted in the industry. I've seen heads of R&amp;D get tipsy and come to tears thinking of the kids they've seen with fibrosis in poor countries. I never said they're a charity - they're not - however, I've seen them do amazingly charitable things when instead they could've just given back to shareholders."}
{"text": " If you deposit an amount greater than S$50,000, it's only insured up to S$50,000. In the event that the bank fails or is declared insolvent, the SDIC will pay deposit holders their total balance in all accounts with that bank, up to S$50,000 in aggregate per depositor per Scheme member by law. In other words SDIC will only pay S$25000.00 and not S$50000.00, even though your deposit with that bank is insured up to S$50000.00 Please clarify this point as most banks are unaware of this aspect of the payout."}
{"text": " Please do not focus solely on income tax, and ignore all of the other taxes that businesses need to pay.  Payroll taxes for example.  If I make $15/hr, I cost my employer more than this in reality."}
{"text": " A communications strategy is designed to help you and your organization communicate effectively and meet Communication business plan organizational objectives. Here we look at the key elements of a communications strategy as well as how press/PR plans, web strategies and marketing plans fit into your organization\u2019s overall communications strategy."}
{"text": " It's one of those things where it was meant, economically, for the first purpose (opportunity cost) but has been used by big corporations for the later since you have to have international divisions to really even make it work (to some degree it does on the state level; however, the tax breaks aren't really big enough for it to make sense since the Federal is the big one).   It's also a huge reason why big corps have such low effective domestic tax rates on big profits and why the government is debating about restructuring tax law to prevent most forms of FTP'ing (you'd pay taxes on Gross Income essentially. It gets MUCH more complicated than that but France effectively does this now).  Also, it's very much an accounting thing, and accountants tend not to have a big seat at the table. Hence, the reasoning behind stuff often get lost on upper mgmt (or they fire the accountant, etc.). That's a BIG part of why it often makes things worse even when when the principal makes sense economically..."}
{"text": " \"VIV.PA - is Vivendi listed on a stock exchange in Paris VIVEF - is Vivendi listed on the OTC Other Exchange. VIVHY - is Listed on the OTC:Pink Sheets.  A company can be listed on multiple exchanges, they are known as a dual-listed company. It's a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Pretty much all DLCs are cross-border, and have tax advantages for the corporations and their stockholders. When a DLC is created, in essence two companies are created and have two separate bodies of shareholders, but they agree to share all the risks and rewards of the ownership of all their operating businesses in a fixed proportion, laid out in a contract called an \"\"equalization agreement\"\". The shares of a DLC parents have claim to the exact same underlying cash flows. So in theory the stock prices of these companies should move exactly the same. However in practice there can be differences between these prices. More info on OTC exchanges can be found here - keep in mind this info is from the company that runs these listings. Over the counter stocks are held to a FAR lesser regulation standard. I would recommend doing further interdependent research before pursuing any action.\""}
{"text": " Many people dream of having a home based business. A home based business gives you the freedom to be your own boss and set your own hours. However, most people have no idea what kind of business to start to make real money from home. Here are some home business ideas."}
{"text": " Whether or not you have money in your account will not necessarily stop them withdrawing the money, and it certainly won't stop them attempting to withdraw the money. There are two possible scenarios when they attempt to withdraw the money (as they surely will): I think you are just lucky they haven't attempted the withdrawal yet. Put the necessary money into your account now if you possibly can, and consider this a slightly expensive lesson learned about following the Ts and Cs when cancelling services."}
{"text": " My point is that conflicts aren't the reason why Accenture split from AA. More money was to be had with a separate Accenture, thus the original split, thus the lawsuits, thus the IPO. This was mirrored by every other BigX except Deloitte (who almost spun off consulting in 2003 as Braxton but stopped it at the last minute due to a crappy market).  Accenture has a completely different structure than the big4. Public companies don't pay as much in salary and bonus. For example, an MD at Accenture makes 250k, a Partner at Big4 makes 600k. Do the math.   Also salaries are much higher at Big4 than Accenture (check out glassdoor). We do a lot of recruiting and Managers at Accenture typically come into big4 as Seniors at a higher salary.  In the general category of consulting Accenture competes, but there are tranches. Accenture is definitely below big4 in bill rates, salaries and prestige (as big4 is below Bain/BCG/McKinsey)."}
{"text": " \"&gt;  Firstly, comparing debt to GDP is comparing a stock to a flow, you're committing a transgression that is warned about in Econ 101.  Perhaps you should learn a bit more.  He's talking bonds not stocks ... and even with stocks you've got a dividend discount model for establishing fair value (sum of discounted dividend flows = fair value of the company), etc..  With regard to the size of debt, you need to consider 3 things:  current interest expense (as a % of both GDP and Income (taxe revenue)), refinance cost ( change in interest expense if total debt is refinanced at current rates), and the first derivative of interest expense w.r.t. current yields.  This helps one understand the probability of a \"\"death spiral\"\" such as what was experienced in Greece (et. al.) where it was *impossible* to make debt payments at refinance rates.  The fact is that with US interest expenses on the debt of  $450B/year this is 13.5% of all government revenue.  If you factor in the interest expenses with even slightly higher yields ... one sees that you can quickly get a debt crisis.  If Trump gives as large a tax cut as he has promised, it has a much higher prospect of a debt death spiral.  Do the math.\""}
{"text": " I faced something similar for travel or work reasons, and as for me I preferred wire transfer over credit card withdrawals because my bank has huge fees. My thoughts so far are: the fee can vary a lot for credit card. As for me, I can expect 5% fees on foreign withdrawals. But I considered changing bank and I think a Gold (or premium) card might be a good idea as well. The idea is you pay a big subscription (100 euros or so) but have no fee. The total of withdrawal fees could easily (if you stay long abroad) reach this amount. There are also banks like HSBC that offer low fees on withdrawals abroad, you can ask them. The problem is that you cannot really withdraw huge amounts to lower the fee (since you carry this cash in the street). for wire transfers the total fee is usually $50 or more (I had a fee from distant bank, a fee for change and a fee in my home bank). But the amount is unlimited (or high enough to be of little matter) and I needed to do this once per year or so. So I guess it could be interesting if you have enough savings to only transfer money every couple of months or so. I think Western Union is also involved this profitable business. I never used it because the fees are pretty high, but maybe it is useful for not too big amounts frequently transfered. Actually, have you considered a loan? It's a very random idea but maybe you can use a loan as a swap and then transfer money when you have enough to reimburse it all. But the question is very interesting, I think the business is pretty huge due to globalization. It is expensive because some people can make a lot of money out of it."}
{"text": " It's not.  I'm saying in a public context, your consensus mechanism is either proof of work or proof of stake, and both require a blockchain native currency.  In a private context, you know who all the nodes are, so you don't have to worry about Sybil attacks, and can use traditional consensus algorithms that rely on no more than a third of nodes collaborating on criminal fraud."}
{"text": " The bank is expected to issue you a check for the balance of your account, make sure your name and address on file is correct as that is who they will make the check to and send it. Have the credit union also contact Chase, or get a statement from the credit union, about their customer. If the check does bounce back to the credit union and the account was under his name, then you will have to deal with the state and his estate and you will have to find a different solution for the bills."}
{"text": " \"&gt; I answered all of those questions with specifics.   No you did not answer, and no \"\"specifics\"\" from you.  So again:  &gt; Please spoil it for me and tell me how removing illegal aliens does not help the economy.  &gt; Please tell me how NAFTA helped the USA economy.  &gt; Please tell me how TPP will help the USA economy.  &gt; **Please tell me why the stock market is going up, if Trump is ruining the economy.**\""}
{"text": " \"The Dow Jones Industrial Average (DJIA) is a Price-weighted index.  That means that the index is calculated by adding up the prices of the constituent stocks and dividing by a constant, the \"\"Dow divisor\"\".  (The value of the Dow divisor is adjusted from time to time to maintain continuity when there are splits or changes in the roster.)  This has the curious effect of giving a member of the index influence proportional to its share price.  That is, if a stock costing $100 per share goes up by 1%, that will change the index by 10 times as much as if a stock costing $10 per share goes up by the same 1%. Now look at the price of Google.  It's currently trading at just a whisker under $700 per share.  Most of the other stocks in the index trade somewhere between $30 and $150, so if Google were included in the index it would contribute between 5 and 20 times the weight of any other stock in the index.  That means that relatively small blips in Google's price would completely dominate the index on any given day.  Until June of 2014, Apple was in the same boat, with its stock trading at about $700 per share.  At that time, Apple split its stock 7:1, and after that its stock price was a little under $100 per share.  So, post-split Apple might be a candidate to be included in the Dow the next time they change up the components of the index.  Since the Dow is fixed at 30 stocks, and since they try to keep a balance between different sectors, this probably wouldn't happen until they drop another technology company from the lineup for some reason.  (Correction: Apple is in the DJIA and has been for a little over a year now.  Mea culpa.) The Dow's price-weighting is unusual as stock indices go.  Most indices are weighted by market capitalization.  That means the influence of a single company is proportional to its total value.  This causes large companies like Apple to have a lot of influence on those indices, but since market capitalization isn't as arbitrary as stock price, most people see that as ok.  Also, notice that I said \"\"company\"\" and not \"\"stock\"\".  When a company has multiple classes of share (as Google does), market-cap-weighted indices include all of the share classes, while the Dow has no provision for such situations, which is another, albeit less important, reason why Google isn't in the Dow.  (Keep this in mind the next time someone offers you a bar bet on how many stocks are in the S&P 500.  The answer is (currently) 505!) Finally, you might be wondering why the Dow uses such an odd weighting in its calculations.  The answer is that the Dow averages go back to 1896, when Charles Dow used to calculate the averages by hand.  If your only tools are a pencil and paper, then a price-weighted index with only 30 stocks in it is a lot easier to calculate than a market-cap-weighted index with hundreds of constituents. About the Dow Jones Averages. Dow constituents and prices Apple's stock price chart. The split in 2014 is marked.  (Note that prices before the split are retroactively adjusted to show a continuous curve.)\""}
{"text": " \"From article:  &gt; Notable in the last example is the point that the choice isn\u2019t so much between competent doctors and incompetent doctors. As in other industries where licensure doesn\u2019t exist, the choice might be between high priced, extremely competent services, and lower priced, still competent services.  I think many poor people would prefer going to a \"\"second rate\"\" but still competent physician with a cheaper price rather than going broke with an expensive one. Let's leave that choice up to them rather than forcing our opinion down their throats.\""}
{"text": " 1% seems to be an equally shaming understatement:  Approximately 39.6% of men and women will be diagnosed with cancer at some point during their lifetimes (based on 2010-2012 data).  https://www.cancer.gov/about-cancer/understanding/statistics  Of course not all poor people get cancer, but when close to 40% of the total population does, I think it is safe to say allot more than 1 % of the poor do get cancer and many other things that cannot be planned for."}
{"text": " You may have a few options if the company continues to ignore your communication.  Even if none of these works out, the debt should still probably be paid out by the estate of your friend."}
{"text": " This is actually good news.  Hospitality/Tourism is a weird industry, where specialized &amp; local knowledge can become very valuable.  Sure, it's easy to just go be a waiter for a few months and then bail.  It's also possible to learn how to be a full-time restaurant manager, cook/chef, catering manager, etc.  There are lots of nooks and crannies, and since every city needs different things then the value of people with local market knowledge is higher than in other, more homogeneous industries.  Source: I work in Hospitality."}
{"text": " I visited annualcreditreport.com to get my annual credit report.  It is only the report, not the score or FICO score.  This is the only outlet I know of that allows you to get your report for free, without a bunch of strings attached or crap to sign up for and cancel later. It was very easy.  I was wary of putting in my private information, but how else can they possibly pull you up? Read the instructions carefully.  You go to each bureau to fetch your report, and they dutifully give you a free report, but they push hard to try and sell you a score or a report service.  It is easy to avoid these if you read carefully. Once you get a report,  you have print it out or you can't see it again for another year.  Each bureau has a different site, with different rules, and different identity checks to get in.  Again, read the instructions and it isn't hard. Instead of printing, I just saved the page as HTML.  You get one html file and a folder with all the images and other stuff.  This suits me but you might like to print. After you get each report, you have to click a link to back to the annualcreditreport.com site.  From there you go to the next bureau. Regarding a score.  Everybody does it differently.  Free Issac does FICO, but anybody who pulls your credit can generate a score however they like, so getting a score isn't anywhere near as important as making sure your report is accurate. You can use credit.com to simulate a score from one of the bureaus (I can't easily see which one at the moment).  It is as easy as annualcreditreport.com and I have no issue getting a simulated score and report card."}
{"text": " Their problem is that the overwhelming majority of their stock is owned by pension funds, hedge funds and other funds who have no interest in long term financing. They are only interested in quarterly profits.   Once a company goes public, the only way to get it out of the stock market zoo is for a single investor to acquire over 50% of the stock. The companies that you mentioned are way too big for that to happen."}
{"text": " I like the other answers.  But, here's one thing that concerns me that hasn't specifically been addressed yet: You mentioned your student loans are at low rates of interest.  Are those rates fixed or variable?  If those interest rates are variable, I would not count on rates remaining low indefinitely.  If you could imagine those rates going up by say 2% or 4% or more over time, would such rates make you change your mind about the debt and the pace at which you're paying it off? I would suggest that as the economy recovers over the next couple of years, the spectre of inflation will force the Fed to raise interest rates.  You don't want to be holding variable-rate debt when rates are rising.  For that reason, if your loan rate is variable, I would increase your payment amount so you can eliminate your debt sooner than later. Also \u2013 You mention in one of your comments that buying a home is 4+ years away.  That's not a long time, so I wouldn't commit the bulk of your savings to investing in the stock market, which can be temperamental over short periods of time.  You don't want to be in a large loss position just when it's time to buy your first home. However, it may be worth having some of your skin in the game, so to speak.  Personally, I would take a balanced approach: 1/3 debt repayment, 1/3 high interest cash savings, and 1/3 in some broad diversified index funds \u2013 and not all in the U.S.  Although, I also like the idea of getting some travel in while young, so perhaps 1/4 allocations to the money stuff, and 1/4 towards travel?  :-) Good luck."}
{"text": " You've just pushed the problem off to trying to figure out the market value of property, not to mention that property values are subject to bubbles. I don't particularly worry about the problems that would cause the government, but it makes it really hard on businesses (and people) that now have to pay a lot more than they budgeted for.   Property taxes are a useful thing, and serve an important purpose, but you don't want to bet budgets on them alone. Diversification is important in all kinds of investments."}
{"text": " Give all your money as well as your budget requirements to someone you really trust. Tell them to give you ONLY what your budget allows. As long as both of you take this seriously, this method will be very effective."}
{"text": " Let Go App...good way to find awesome deals on furniture. Depending on climate find a nice bike, pretty easy way to get around &amp; low maintenance costs compared to a car ( i.e. insurance, gas, repairs). Then depending on whether your work offers matching 401k programs, max that out or find a good index fund &amp; consistently build that emergency fund. Chill for 10-15 years &amp; enjoy the benefits of compounding interest my friend."}
{"text": " What you have exampled is essentially the Amazon paradox.  Why would someone shop only in one place?  Convenience, ease, familiarity, one credit card storage, etc.  I have ordered an item from Amazon because of the ease and it has been shipped to me in a Wal Mart box.  People do this all the time and is basically why there are marketplace sellers on Amazon."}
{"text": " &gt; The periodic table lists 118 different chemical elements. And yet, for thousands of years, humans have really, really liked one of them in particular: gold. Gold has been used as money for millennia, and its price has been going through the roof.  &gt; Why gold? Why not osmium, lithium, or ruthenium?  [[Planet Money](http://www.npr.org/blogs/money/2011/02/15/131430755/a-chemist-explains-why-gold-beat-out-lithium-osmium-einsteinium)] tells you why."}
{"text": " First step is determine how much equity is in the car (positive or negative). Then for your car payments has that been paid out of money that has already been split or is it from a pool that is still to be slit. If the later, then it is irrelevant to this discussion since it was from a joint pool. If the money has already been split then adjust her half of the equity in the car by what you have been paying an make her that offer for her half of the car.  I recommend showing her the calculations so as to explain how you came with what she is owed and then let her make a counter offer."}
{"text": " \"Having no utilization makes you an outlier, it's an unusual circumstance for most people, and the scoring model cannot make any predictions based on it. If you think of it from the underwriter's perspective, zero utilization could mean all sorts of things... are you dead? indigent? unable to work?  When you buying a product (like money or insurance) whose pricing is based on risk, being \"\"weird\"\" will usually make you a higher risk. That said, it isn't the end of the world. If you are in this situation, I wouldn't lose sleep over it.\""}
{"text": " \"Useless statistic.  From the article:  \"\"The four-week moving average of claims, a less-volatile measure, climbed to 377,750, the highest in a month, from 376,000. The number of people continuing to collect jobless benefits increased 34,000 in the week ended May 26 to 3.29 million. The continuing claims figure does not include the number of workers receiving extended benefits under federal programs.  Those who\u2019ve used up their traditional benefits and are now collecting emergency and extended payments slumped by almost 105,000 in the week ended May 19 to 2.83 million.\"\"\""}
{"text": " Thanks for the advice. I will look into index funds.   The only reason I was interested in this stock in particular is that I used to work for the company, and always kept an eye on the stock price. I saw that their stock prices recently went down by quite a bit but I feel like I've seen this happen to them a few times over the past few years and I think they have a strong catalogue of products coming out soon that will cause their stock to rise over the next few years.   After not being able to really understand the steps needed to purchase it though, I think I've learned that I really don't know enough about the stock system in general to make any kind of informed decisions about it and should probably stick to something lower-risk or at least do some research before making any ill-informed decisions."}
{"text": " \"To understand the VXX ETF, you need to understand VIX futures, to understand VIX futures you need to understand VIX, to understand VIX you need to understand options pricing formulas such as the \"\"Black Scholes\"\" formula Those are your prerequisites. Learn at your own pace. Short Answer: When you buy VXX you are buying the underlying are front month VIX futures. Limited by the supply of the ETF's NAV (Net Asset Value) units. It is assumed that the ETF manager is actually buying and selling more VIX front month futures to back the underlying ETF. Long Answer: Assume nobody knows what an options contract should be worth. Therefore formulas have been devised to standardize how to price an options contract. The Black-Scholes formula is widely used, one of the variables in this formula is \"\"Implied Volatility\"\", which basically accounts for the mispricing of options when the other variables (Intrinsic Value, delta, gamma, theta...) don't completely explain how much the option is worth. People are willing to pay more for options when the perception is that they will be more profitable, \"\"implied volatility\"\" tracks these changes in an option's demand, where the rest of the black-scholes formula creates a price for an option that will always be the same. Each stock in the market that also trades standardized options will have implied volatility which can be computed from the price of those options. The \"\"Volatility Index\"\" (VIX), looks at the implied volatility of MANY STOCK's options contracts. Specifically the \"\"implied volatility of out the money puts on the S&P 500\"\". If you don't know what that quoted part of the sentence means, then you have at least five other individual questions to ask before you re-read this answer and understand the relevance of these followup questions: Why would people buy out-the-money puts on the S&P 500? Why would people pay more for out-the-money puts on the S&P 500 on some days and pay less for them on other days? This is really the key to the whole puzzle. Anyway, now that we have this data, people wanted to speculate on the future value of the VIX. So VIX futures contracts began trading and with it there came a liquid market. There doesn't need to be anything physical to back a financial product anymore. A lot of people don't trade futures, retail investors have practically only heard of \"\"the stock market\"\". So one investment bank decided to make a fund that only holds VIX futures that expire within a month. (front month futures). They split that fund up into shares and listed it on the stock market, like alchemy the VXX was formed. Volatility studies are fascinating, and get way more complex than this now that the VXX ETF also has liquid options contracts trading on it too, and there are leveraged VIX ETF funds that also trade options\""}
{"text": " &gt;Most of their inventory is actually downmarket or discounted white-label merchandise that TJ repackages, rebrands as their own,  If one of my professors was right, he said this was a common business model, although the re-packaged products would be the generic brands, like Target's Up &amp; Up or Walmart's Kroger brand products, and be sold cheaper, instead of what TJ is doing, selling them at a higher price.  Target, for example, does not have their own factories to produce their own, Target-brand toilet paper, cereal, or hand towels. Instead, they just buy merchandise another company makes and repackages the products using their generic, Target-brand packaging."}
{"text": " \"The crazy thing about this is that $30 million in annual salary and compensation really isn't the end of the story for rich guys.  I worked for a REIT a few years back and the guy that founded that REIT made a few million in salary a year.  I thought the number seemed a bit low for his lifestyle.  He had many properties in the US for his own personal use (around 6-8 BIG homes).  He also had a garage that was insane.  He had over 25 very expensive cars.  My co-workers would say \"\"Nick is airing out his garage\"\" when he drove one to work every day for a month without driving the same vehicle twice in one month.  It turns out he owned 30 million shares of stock that paid him $1.00 per share per year.  So while his annual compensation was \"\"only\"\" a few million per year, his dividend income was many, many, times that.  Think about that next time you see a CEO's annual income and you think that it really isn't as much as you expect.\""}
{"text": " &gt; So in natural cases competition would be healthiest way but i don't believe other firms can emerge in this markets  Just because you believe they can\u2019t doesn\u2019t mean they can\u2019t. We have to prove doing so is infeasible.  &gt; and amazon could kill real life retailers in 10-20 years time.  That\u2019s not very compelling. Walmart did so faster in the 90s. Customers eventually started drifting to alternative merchants. In the case of Amazon retail sales, one competitors is AliExpress. Google is an advertising company and there are plenty of those around. Facebook is a social media platform and several competitors exist in that arena."}
{"text": " Automatic exercisions can be extremely risky, and the closer to the money the options are, the riskier their exercisions are. It is unlikely that the entire account has negative equity since a responsible broker would forcibly close all positions and pursue the holder for the balance of the debt to reduce solvency risk.  Since the broker has automatically exercised a near the money option, it's solvency policy is already risky. Regardless of whether there is negative equity or simply a liability, the least risky course of action is to sell enough of the underlying to satisfy the loan by closing all other positions if necessary as soon as possible. If there is a negative equity after trying to satisfy the loan, the account will need to be funded for the balance of the loan to pay for purchases of the underlying to fully satisfy the loan. Since the underlying can move in such a way to cause this loan to increase, the account should also be funded as soon as possible if necessary. Accounts after exercise For deep in the money exercised options, a call turns into a long underlying on margin while a put turns into a short underlying. The next decision should be based upon risk and position selection.  First, if the position is no longer attractive, it should be closed.  Since it's deep in the money, simply closing out the exposure to the underlying should extinguish the liability as cash is not marginable, so the cash received from the closing out of the position will repay any margin debt. If the position in the underlying is still attractive then the liability should be managed according to one's liability policy and of course to margin limits. In a margin account, closing the underlying positions on the same day as the exercise will only be considered a day trade.  If the positions are closed on any business day after the exercision, there will be no penalty or restriction. Cash option accounts While this is possible, many brokers force an upgrade to a margin account, and the ShareBuilder Options Account Agreement seems ambiguous, but their options trading page implies the upgrade. In a cash account, equities are not marginable, so any margin will trigger a margin call.  If the margin debt did not trigger a margin call then it is unlikely that it is a cash account as margin for any security in a cash account except for certain options trades is 100%. Equities are convertible to cash presumably at the bid, so during a call exercise, the exercisor or exercisor's broker pays cash for the underlying at the exercise price, and any deficit is financed with debt, thus underlying can be sold to satisfy that debt or be sold for cash as one normally would. To preempt a forced exercise as a call holder, one could short the underlying, but this will be more expensive, and since probably no broker allows shorting against the box because of its intended use to circumvent capital gains taxes by fraud.  The least expensive way to trade out of options positions is to close them themselves rather than take delivery."}
{"text": " The actual physical act of obtaining the sequence data isn't the cause of the delay.  The current estimates of 8 - 10 weeks for tumor genome sequencing are mainly due to the data processing.    Pooling data and processing power would actually be a huge advantage in this.  After you have all the sequencing data, you need to identify changes in the tumor, and then determine what exactly they mean (the really difficult part).  If centers around the world pool their data, and correlate it to clinical information, the data set expands exponentially which helps everyone.  Otherwise, each center will have their own data set, which will probably get published eventually, but there will be a huge delay before this information gets to the appropriate people, where it can help.  Data pooling of this sort is already done in a lot of other cases, cytogenetic arrays, newborn screening, etc."}
{"text": " I don't think that you'll notice a difference in the NAV in a fund with fees that are low as the Vanguard Total Stock Market Fund. Their management fees are incorporated into the NAV, but keep in mind that the fund has a total of $144 billion in assets, with $66 billion in the investor class. The actual fees represent a tiny fraction of the NAV, and may only show up at all on the day they assess the fees. With Vanguard total stock market, you notice the fee difference in the distributions. In the example of Vanguard Total Stock Market, there are institutional-class shares (like VITPX with a minimum investment of $200M) with still lower costs -- as low as 0.0250% vs. 0.18% for the investor class. You will notice a different NAV and distributions for that fund, but there may be other reasons for the variation that I'm not familar with, as I'm not an institutional investor."}
{"text": " The other aspect that you're not mentioning that makes TJ so special is their churn rate. Because they only sell a limited number of versions per category (no multiple brands -mostly self branded) nothing just sits on the shelves. So they do massive amounts of volume on almost everything that gets put in their store.  also I have never seen anywhere sell macadamia nuts anywhere close to their price."}
{"text": " Sounds a lot like my old boss. Except, I couldn't even get a PM methodology in place that numbered and tracked projects.   Boss: Just email me weekly status reports of what you're working on.  Me: How am I supposed to know what I am working on?  Boss: ...  ---  Me: I came up with a PM system to track all of our work. Here's the link.  Boss: I like this, I have some notes of things I'd like changed.  6 months later  Boss: Where is your weekly status report?  Me: When are you going to send me those notes?  ---  Boss: Send me an inventory of all of our systems and servers.  Me: I can put it in a centralized, web-based system where we you can get real-time reports and export them to Excel.  Boss: We'll do that later.  6 Months later  Boss: Can you email me an updated version of the systems and servers inventory?  Me: Where is it?  Boss: You sent it to me.  Me: So in email?  Boss: I guess.  Me:I can put it in a centralized, web-based system where we you can get real-time reports and export them to Excel.  Boss: We'll do that later.   ---  Boss: This employee of yours is a real problem.  Me: I agree, we've had many conversations about this. I've spoken to her several times, she's been written up. I think it's time to fire her.   Boss: Let's wait till after the holidays I'm going on vacation then you are.  Me: I think we need to move quickly.   Boss: Let's wait  Right after holidays employee falls, injures hip on the job. Takes 9 months off of work. Turns out it was a preexisting condition but HR tells us we have to take her back despite the act that she lied on her application.  --- Went on short paternity leave. Boss was supposed to okay my employees time cards in the system in my absence. Same employee as above.  Boss: So you're employee didn't get paid because her time card wasn't approved.  Me: I was on leave, I was clear I couldn't okay it while I was out and my system back up was supposed to okay it.  Boss: Who is your system back up?  Me: According to HR, you.  Boss: Oh, well you need to own this problem.  Me:...  ---  Me: So we just need to develop use cases for the system.  Boss and his Boss: Don't use technical jargon.  Me:..."}
{"text": " Whenever I've tried to actually buy something at an Apple Store I've found it a frustrating experience.  With no line-ups or registers the process of actually buying something becomes a mess of finding an employee not helping someone else and hoping no-one else is quicker than you.  I've tried using the ipads to request help but it seems they prioritize the people grabbing at them rather than the queue.  Because of this I only go to apple stores to browse."}
{"text": " When you invest in stocks, there are two possible ways to make money: Many people speculate just on the stock price, which would result in a gain (or loss), but only once you have resold the shares. Others don't really care about the stock price. They get dividends every so often, and hopefully, the return will be better than other types of investments. If you're in there for the long run, you do not really care what the price of the stock is. It is often highly volatile, and often completely disconnected from anything, so it's not because today you have a theoretical gain (because the current stock price is higher than your buying price) that you will effectively realise that gain when you sell (need I enumerate the numerous crashes that prevented this from happening?). Returns will often be more spectacular on share resale than on dividends, but it goes both ways (you can lose a lot if you resell at the wrong time). Dividends tend to be a bit more stable, and unless the company goes bankrupt (or a few other unfortunate events), you still hold shares in the company even if the price goes down, and you could still get dividends. And you can still resell the stock on top of that! Of course, not all companies distribute dividends. In that case, you only have the hope of reselling at a higher price (or that the company will distribute dividends in the future). Welcome to the next bubble..."}
{"text": " Eezzebay is a great New exciting Multi Platform E-Commerce, Social Media And the first company to Provide Music Download sales direct From Facebook, A first for Facebook and the Music Industry allowing Artists to not only showcase their talents but now also being able to make a reasonable revenue stream Simply from Facebook Eezzebay by providng tracks available for download and then posting them to their Facebook page so fans don't have to go somewhere else to download your track, fans can play your track then right below hit the buy button where they are directed to a Secure Check out page, where they enter their information, method of payment via many options, Credit Card, Paypal, emoney and Bitcoin etc then your download begins. Enjoy the Future of online business in multi platform Eezzebay and now a whats App Communication open to ordering products, social media and music downloads, there is a minimum monthly Payment rate of \u20ac25.00, If the artists single download revenue falls below this minimum payment rate the Artists revenue is carried over to the next month or until his revenue exceeds the minimum payment rate.                                                                                           The payments of revenue will be sent to the Artist by whatever means he prefers, Direct into the Artists bank account, Paypal or cheque, keeping in mind that their is an administration free of \u20ac2.50 per cheque.                                                                                Payments will be sent on the 1st of every month, however IF that falls on a Saturday or Sunday Payments will be sent on the first Monday of the month.                                                                     I look forward to seeing you all their, below is the Eezzebay Website and facebook page URLs:                                                     http:/facebook.com/eezzebay http:/eezzebay.wordpress.com We can also provide 2 Merchandise revenue streams of a t-shirt and hat with the Artists name and logo, with specific t-shirt and hats designed for specific gigs or events, increasing possible revenue by directing fans to their Music Brand and merch sharing it with their fans directly on thier own Artists Fan page on facebook, twitter, Pinterest, Instagram, Reddit, whatsapp, skype and many other Platforms. Including Youtube Let eezzebay become your hangout page on facebook and share it with all your friends, family and Fans."}
{"text": " \"Economics will generally be more respected if it is a Bachelors of Science. The BS will have (in general) more quantitative coursework as compared to a BA. The reason that economics PHDs are often valued is for their quantitative skills, hence why you have heard the Economics BA can be a \"\"useless major.\"\" This is not entirely true it can be a great start to a law or government career. Personally I paired an economics degree with mathematics to get a strong quant skillset.   The truth is economics has little practical application in business and if you are truly interested in business that would be the best major to acquire well rounded skills in that area. While you may learn some strategy and high level finance in an economics program you will know little about marketing, accounting, operations and other more nuanced areas.\""}
{"text": " They were able, but unwilling to do so at the price they had originally agreed on. While that is still not a good sign by any means, and the airline might have a case against Santander, your title makes it sound as if the bank did not have enough funds to fund even a small Norwegian airlines purchase."}
{"text": " You should double-check what it means to be in [Chapter 11](http://en.wikipedia.org/wiki/Chapter_11,_Title_11,_United_States_Code)  Yes, by filing for bankruptcy, the company gets some protection from creditors and some of their investment dries up, but it's the owners who take it on the nose first.  Also, individuals can file for Chapter 11, too.  It's not just corporations."}
{"text": " You didn't specify where in the world you account is - ScotiaBank operates in many countries. However, for large amounts where there is a currency conversion involved, you are almost guaranteed to be better off going to a specialist currency broker or payments firm, rather than using a direct method with your bank (such as a wire transfer). Based on my assumption that your account is in Canada, one provider who I have personally used with success in transferwise, but the best place to compare where is the best venue for you is https://www.fxcompared.com In the off chance that this is an account with Scotiabank in the United States, any domestic payment method such as a domestic wire transfer should do the job perfectly well. The fees don't matter for larger amounts as they are a single fee versus a percentage fee like you see with currency conversions."}
{"text": " In my opinion, the simplest way to run these numbers is to first assume you are borrowing the full amount, including the points, if any.  They run a spreadsheet, and while using the new rate, apply your full current payment each month.  Then compare balances at month 48. You'll find it easy to calculate the breakeven. In the case of the negative points, it's immediate. For higher points, the B/E is later but then you are further ahead each month."}
{"text": " The main reason for paying your mortgage off quickly is to reduce risk should a crisis happen.  If you don't have a house payment, you have much higher cash flow every month, and your day-to-day living expenses are much lower, so if an illness or job loss happens, you'll be in a much better position to handle it. You should have a good emergency fund in place before throwing extra money at the mortgage so that you can cover the bigger surprises that come along. There is the argument that paying off your mortgage ties up cash that could be used for other things, but you need to be honest with yourself: would you really invest that money at a high enough rate of return to make up your mortgage interest rate after taxes?  Or would you spend it on other things?  If you do invest it, how certain are you of that rate of return?  Paying off the mortgage saves you your mortgage interest rate guaranteed. Finally, there is the more intangible aspect of what it feels like to be completely debt free with no payments whatsoever.  That feeling can be a game-changer for people, and it can free you up to do things that you could never do when you're saddled with a mortgage payment every month."}
{"text": " Have you tried TransferWise.  They offer nice cross currency transfers with really low rates."}
{"text": " Open, high, low, close, volume. The hint is that volume on new years day is 0.  DC's comment is actually a better answer than mine - when given any data set, you should really know the meaning of each cell/number."}
{"text": " If you will be there 5-6 years it could be viable. Here are some of the cost considerations: There may be some more fees, but that should be the bulk of it - You'll have to do the math on all of the above and see which makes sense :)"}
{"text": " &gt;Samsung\u2019s revenue for the quarter was KRW 47.82 trillion, a decrease of KRW 3.87 trillion YOY  &gt;The company estimated that the stronger Korean won against major currencies in the third quarter negatively impacted operating profit by approximately KRW 700 billion, mostly on the components business side.  Just so people know what is being remarked about here."}
{"text": " The interest accrues daily based on the amount you owe.  The less you owe the less the daily interest accrual.  The faster you pay it off the less you pay in the lifetime of the loan.  You are losing money if you bank money rather than applying it to the loan immediately.  Since student loans cannot be declared in bankruptcy and interest rates cannot be refinanced, or are nonnegotiable, then you should consider your student loan a priority in case your employment/income runs into problems."}
{"text": " Just my opinion, but if their prices were the same at Amazon AND if there customer service wasn't a joke, I'd rather  buy it in person.  The ability to return things if needed are much easier at a store than through the mail."}
{"text": " sales is hard or harder than that.  finding quality sales people is even harder  top sales people are like hired guns who could easily work for your competition.  they must be paid plenty to keep them selling/motivated and also to not bolt away  sales people keep score with money  most all other jobs are significantly easier to fill and maintain"}
{"text": " Any time a large order it placed for Buy, the sell side starts increasing as the demand of Buy has gone up. [Vice Versa is also true]. Once this orders gets fulfilled, the demand drops and hence the Sell price should also lower. Depending on how much was the demand / supply without your order, the price fluctuation would vary. For examply if before your order, for this particular share the normal volume is around 100's of shares then you order would spike things up quite a bit. However if for other share the normal volume is around 100000's then your order would not have much impact."}
{"text": " I'd say it's a limitation of your bank. Every bank I've ever used had instant transfers between accounts at the same bank."}
{"text": " As opposed to the conservative tactic to remove all social safety nets (under the guise of balancing the budget) at a time when people actually need them the most?  The world is a complex place. There's no perfect party line solution.  We need a little of this and a little of that."}
{"text": " I don't think communism is bad as a form of government at all.  I do think that people can in no way be trusted with it though, both leaders and the population.  Also, socialist programs are horrible in the U.S. specifically because they have 32455 different departments all trying to run programs, causing overhead to be ridiculous.  There really needs to be a lot of reform with that. =/"}
{"text": " Either approach will put a strain on your friendship, unless you are willing to treat it as a gift which may or may not be returned rather than a loan. I agree that paying it direct to the dealer (or giving her a check that is made out to the dealer) avoids the risk of the money getting sidetracked."}
{"text": " \"a link to this article grabbed my Interest as I was browsing the site for something totally unrelated to finance.  Your question is not silly - I'm not a financial expert, but I've been in your situation several times with Carmax Auto Finance (CAF) in particular. A lot of people probably thought you don't understand how financing works - but your Car Loan set up is EXACTLY how CAF Financing works, which I've used several times. Just some background info to anyone else reading this - unlike most other Simple Interest Car Financing, with CAF, they calculate per-diem based on your principal balance, and recalculate it every time you make a payment, regardless of when your actual due date was.  But here's what makes CAF financing particularly fair - when you do make a payment, your per-diem since your last payment accrued X dollars, and that's your interest portion that is subtracted first from your payment (and obviously per-diem goes down faster the more you pay in a payment), and then EVerything else, including Any extra payments you make - goes to Principal. You do not have to specify that the extra payment(S) are principal only. If your payment amount per month is $500 and you give them 11 payments of $500 - the first $500 will have a small portion go to interest accrued since the last payment - depending on the per-diem that was recalculated, and then EVERYTHING ELSE goes to principal and STILL PUSHES YOUR NEXT DUE DATE (I prefer to break up extra payments as precisely the amount due per month, so that my intention is clear - pay the extra as a payment for the next month, and the one after that, etc, and keep pushing my next due date). That last point of pushing your next due date is the key  - not all car financing companies do that. A lot of them will let you pay to principal yes, but you're still due next month. With CAF, you can have your cake, and eat it too. I worked for them in College - I know their financing system in and out, and I've always financed with them for that very reason.  So, back to the question - should you keep the loan alive, albeit for a small amount. My unprofessional answer is yes! Car loans are very powerful in your credit report because they are installment accounts (same as Mortgages, and other accounts that you pay down to 0 and the loan is closed). Credit cards, are revolving accounts, and don't offer as much bang for your money - unless you are savvy in manipulating your card balances - take it up one month, take it down to 0 the next month, etc. I play those games a lot - but I always find mortgage and auto loans make the best impact.  I do exactly what you do myself - I pay off the car down to about $500 (I actually make several small payments each equal to the agreed upon Monthly payment because their system automatically treats that as a payment for the next month due, and the one after that, etc - on top of paying it all to principal as I mentioned).  DO NOT leave a dollar, as another reader mentioned - they have a \"\"good will\"\" threshold, I can't remember how much - probably $50, for which they will consider the account paid off, and close it out. So, if your concern is throwing away free money but you still want the account alive, your \"\"sweet spot\"\" where you can be sure the loan is not closed, is probably around $100.  BUT....something else important to consider if you decide to go with that strategy of keeping the account alive (which I recommend). In my case, CAF will adjust down your next payment due, if it's less than the principal left. SO, let's say your regular payment is $400 and you only leave a $100, your next payment due is $100 (and it will go up a few cents each month because of the small per-diem), and that is exactly what CAF will report to the credit bureaus as your monthly obligation - which sucks because now your awesome car payment history looks like you've only been paying $100 every month - so, leave something close to one month's payment (yes, the interest accrued will be higher - but I'm not a penny-pincher when the reward is worth it - if you left $400 for 1.5 years at 10% APR - that equates to about $50 interest for that entire time - well worth it in my books. Sorry for rambling a lot, I suck myself into these debates all the time :)\""}
{"text": " It's kind of like a fat guy bellyflopping into a pool from the high diving board; the wave travels out, reflects off the side of the pool and comes back to you a little later.  GFC I causes increased government spending to bail out banks/stop economies going into reverse. It also causes a tightening of the credit markets as fake paper goes bad. So the deficit can't be cheaply covered where financiers (who's fraud caused GFC I) don't see an easy return. So we get GFC II as sovereign entities go bad; caused by GFC I and those self same fraudulent bankers.  Who still aren't in jail, and are still paying themselves bonuses."}
{"text": " I have been in this situation and I essentially went for the truthful answer.  I first explained that co-signing for a loan wasn't just vouching for the person, which I certainly would do, but it was putting my name on the loan and making me the person they loan company would go after if a payment was ever missed. Then I explained that even within married couples, money can be a major source of strife and fights, it would be even worse for someone not quite as close like a family member or friend. Essentially I wouldn't want to risk my relationship with a good friend or family member over some financial matter."}
{"text": " What a stupid article. Does he think time stands still if Uber grows? Nobody will ever be able to offer rides at a reasonable cost?   Does he think that money will keep pouring into Uber forever, allowing them to do what? Lose money on a service?"}
{"text": " I do not think banks have an obligation to report any deposits to the IRS, however, they probably have an obligation to report deposits exceeding certain threshold amounts to FinCEN. At least that's how it works in Canada, and we're known to model our Big Brother-style activities after our neighbour to the South."}
{"text": " \"&gt;However, unfortunately, teaching is provided by the government mostly, they pay terrible salaries for teachers and the government would like to cut costs.   &gt;So my guess is that there will be a push for less teachers, or \"\"on-line\"\" teacher conference-call, and other crap, but they will definitely teach for technology to replace teachers.  I think the solution to education lies somewhere in between human interaction and automation. It's a complex problem which need a thorough analysis to figure out the way forward. Our education system is definitely broken and perhaps automation is could be the answer.\""}
{"text": " they did crash because supply caught up to demand.  &gt; because the only reason people were buying them is because they would go up in value  that is the explanation for why price shot up so quick.  &gt; Sounds exactly like Bitcoin in my opinion  There's genuine utility in cryptocurrency.  Bitcoin is the anchor to all of them.  Btw, there is significant cost to mining bitcoin  &gt; How many people do you know using Bitcoin as a currency?  You can pay bills with it.  A lot better than gold in that regard.  &gt;  It isn't backed by a government or military  historically always a terrible thing for every currency.  The freedom from political whim based valuation is a plus.  &gt; When it crashes and criminals are the only ones using it, then what is it worth?  Criminals would be better off using cash or Monero (a crypto with better privacy safeguards).  But criminal can be a bit subjective.  Bitcoin for instance is the best vehicle for transporting money protecting from thieves whether or not they are government employees.  &gt;  Maybe $100 a coin? $10? Who knows, it sure as hell isn't $5,000 a coin though.  I think we'll see $5000 again, before $3000 or $1000."}
{"text": " \"I think it would be worth it for you to look into something called a \"\"Self-directed IRA\"\" before you make any decisions. Sometimes the costs can be a little higher, but you may find the flexibility worth it. Basically, instead of being limited to a small set of mutual funds from which to choose, having the money in a self-directed IRA would let you branch out into real estate, gold, or other vehicles that aren't part of the usual 401K landscape. And count me as another vote for not taking the cash. MrChrister is right, there are plenty of other ways to pay that off without the penalty.\""}
{"text": " Yes you can, provided if buyers are available.  Normally high liquidty stocks can be sold at market prices a little higher or lower."}
{"text": " My wife and I do this. We have one account for income and one for expenditures (and around 7 others for dedicated savings.) Doing this we are forcing ourselves to keep track of all expenditures as we have to manually transfer funds from one to the other, we try to do this periodically (every Wednesday) and then keep the expenditures within what is actually on the account. It is a really good way to keep track of everything. Bear in mind that our bank provides a fast handy smartphone app where we both can check our account as well as transfer funds in less than 10 seconds. (Fingerprint authentication, instant funds transfer as well as zero fees for transfers.) Right now we have a credit card each attached to the expenditures account, but earlier we only had a debit card each and no credit cards. Meaning that when the weekly funds ran out we where simply not able to pay. We did this to mimic living only on cash and when the cash runs out you simply have to stop buying stuff. And at the same time we could accrue quite a bit of savings. I would definitely recommend this if you have problems with over expenditures."}
{"text": " Buy low and sell high.  Right now stocks are cheap (or at least cheapish).  If you wait for better forecasts, the price will be higher.  They might go down still farther, but no one knows for sure when that will happen, or where the bottom is -- despite what the talking heads on TV say.  Remember that what you really care about is sell price minus purchase price (plus dividends, but I'll ignore that).  What happens between the time you buy and the time you sell is irrelevant financially, but can be important psychologically. If it was me, and you are sure you won't need the money for at least 10 years, or better still 15-20, I would buy some index funds.  Pick something that you are comfortable with (some are more aggressive/risky than others), and then only look at it a few times a year, if that much.  Only do this as long as you are sure that you won't sell if the market drops further. That is a guaranteed way to lose money. This is what I've been doing for my retirement funds for 15 years, and its worked well so far."}
{"text": " That's because the brands haven't been announced, even internally yet. Keep in mind that P&amp;G is a global company and many of the brands that will be cut from the portfolio are regional ones you've likely never heard of.  Additionally, many of the brands will likely be sold to other companies rather than just dropped altogether so you won't lose your favorite products.  Edit: [WSJ has made predictions of the brands that P&amp;G will drop from their portfolio.](http://graphicsweb.wsj.com/documents/doc-cloud-embedder/#1239394-brandlist20140801)"}
{"text": " I didn't have a a problem with BWW last time I went with a bunch of people. However that's was a while ago, their locations are sparse and inconvenient, and every pizza place serves wings. I don't remember their prices but I do know that attacking their target audience is a bad move."}
{"text": " I understand how it works very well - as Europes financial centre. I understand that without UKs EU membership those days are gone. I understand that rents in Frankfurt are skyrocketing because banks are fleeing a sinking ship. Without financial passporting rights to the worlds second largest economy London as a financial centre is finished. New York does well because it's part of Americas economy, Hong Kong does well because it's part of China's economy."}
{"text": " That's not true. What drags down the profitability of public transportation networks are human resources, in particular retirement funds.   High speed networks are more modern and operate with less people per passenger.km and thus are much more profitable, even with high initial investments."}
{"text": " I'm pretty sure my dog is better at catching balls than I am, also dogs don't think that the alignment of the stars during their birth had any affect on how happy they are.   I read a book called *The Drunkard's Walk* and in it they talk about a experiment where humans and rats were shown a deck of cards that was 2/3 red and 1/3 black. When humans were asked to guess the cards, they guessed black 1/3 of the time, and red 2/3 of the time, while rats picked red every time. Humans were right about 60% of the time, rats were right 2/3 (66.7%) of the time. Rat brains are more correct than human brains."}
{"text": " \"I think that \"\"better\"\" is up to a discussion, but the difference is that while in trust you can control the money after your death in some way - giving it directly to children means you have no such control. I.e.: in trust you can stipulate that the children will be able to spend the money under certain terms or in certain ways (for example - for college, only after getting married, no more than 10% of the value a year, etc), giving their names as the beneficiaries means that they get the money and can do with it whatever they please. BTW: \"\"Minor\"\" has nothing to do with it. They don't have to be minors, or your children at all.\""}
{"text": " Yes, I think you will be able to withdraw from your 401(k) without penalty. Normally, you need to be age 59\u00bd before you can withdraw without incurring a 10% penalty.  However, an exception to this rule is described in an IRS 401(k) Resource Guide: Exceptions. The 10% tax will not apply if distributions before age 59\u00bd are made in any of the following circumstances: What this means is that if you leave the company that you have the 401(k) with in the calendar year that you turn 55 (or later), you can take early distributions from the 401(k) without penalty.  This year is the year that you turn 55, so it appears that you are eligible for early distributions under this rule."}
{"text": " \"NN doesn't have to do with what your describing.  But let's follow your thought scenario: Why should ISPs be allowed to charge twice for the same service? The \"\"free delivery\"\" you listed isn't free. I as a consumer already pay for it. And I choose who gets my traffic. Why should ISPs be allowed to then also charge companies? Why should they be allowed to choose whose content I want to have use the service I pay for? If you don't like Amazon don't pay Amazon with your traffic. Or Google. They \"\"rely\"\" on your desire to use them via the service you pay for.\""}
{"text": " Depends on the type of documents, if they are just sales flyers you can email/post on website etc.  IF they are medial records or some other sensitive information you need to have something with access controls encryption and logging/auditing capabilities... Some places use sharepoint or just have a shared drive where the docs are stored."}
{"text": " Law Office of Daniel J. Caplis Daniel J. Caplis is the founding partner of the Law Office of Daniel J. Caplis, and he has been practicing law for more than 30 years. In his first year out of law school, Daniel J. Caplis served as the lead trial attorney in a medical malpractice case that involved horrible birth injuries to a set of triplets. After the case, Daniel J. Caplis knew he wanted to spend the rest of his career defending those whose lives were changed forever because of the carelessness of others."}
{"text": " Cripes, did anybody think to proofread it in all that time? It has random spaces in the middle of every other word. From the executive summary it looks like a fairly optimistic overview of transhumanist goals (which I've been aware of and supported for years now, thanks kindly) without anything that should cause you to flip a shit as you have here.   There's nothing inherent to human enhancement or future technology that suggests less privacy or liberty for individuals - in fact a lot of human snooping, minding, and emergency decision-making can be replaced by automated systems with memories kept short by law. If all you're concerned about is the potential abuses by tyrannical governments then you're never going to welcome any technological change in the future and you probably find yourself at odds with most of the advances from the 20th century. Tyrannical governments can ruin and abuse *anything.* Any ex-Soviet will tell you they can be just as nosy and suppressive with pen and paper as with computers and nanomabots. The control problem you seek to address is tyranny, not technology.  I'm skimming through this bloody massive document and not seeing anything so horrible that unfamiliarity warrants accusations of mental deficiency. It looks like five hundred pages of breathless futurism with plentiful concern for privacy. Point me toward the bug up your ass or I'm just going to write this off as luddite fearmongering."}
{"text": " Typical costs to buy might include: One piece of advice if you've never bought, fixing problems with a house always seems to cost more than the discount in price due to the problems. Say the house needs a 15K new kitchen it seems like it will be just 7K cheaper than a house with a good kitchen, that kind of thing. Careful with the fixer uppers.  Costs to sell include: Doing your own cleaning, repairs, moving, etc. can save a lot.  You can also choose to work without an agent but I don't know how wise it is, especially for a first time buyer. In my town there are some agents that are buyers only, never seller's agents, which helps keep them unconflicted.  Agent commissions may be lower in some areas or negotiable anywhere. Real estate transfer taxes may be owed by buyer or seller depending on location: http://en.wikipedia.org/wiki/Real_estate_transfer_tax"}
{"text": " Terrible analogy. It's a gross oversimplification and any attempt to respond within it's parameters won't make sense.   Boeing wants to reduce costs in order to remain competitive and because it's a public company. Boeing's union workers are overcompensated. They want to move states in order to reduce labor costs. Washington State paid out to keep them around."}
{"text": " As you are 14, you cannot legally buy premium bonds yourself. Your parents could buy them and hold them for you, mind you. That said, I'm not a fan of premium bonds. They are a rather weird combination of a savings account and a lottery. Most likely, you'll receive far less than the standard interest rate you'd get from a savings account. Sure, they may pay off, but they probably won't. What I would suggest, given that you expect to need the money in five years, is simply place it in a savings account. Shop around for the best interest rate you can find. This article lists interest rates, though you'll want to confirm that it is up to date. There are other investment options. You could invest in a mutual fund which tracks the stock market or the bond market, for example. On average, that'll give you a higher rate of return. But there's more risk, and as you want the money in five years, I'd be uncomfortable recommending that at this time. If you were looking at investing for 25 years, that'd be a no-brainer. But it's a bit risky for 5 years. Your investment may go down, and that's not something I'd have been happy with when I was 14. There may be some other options specific to the UK which I don't know about. If so, hopefully someone else will chime in."}
{"text": " \"To answer your question briefly: net income is affected by many things inside and outside of management control, and must be supplemented by other elements to gain a clear picture of a company's health. To answer your question in-depth, we must look at the history of financial reporting: Initially, accounting was primarily cash-based. That is, a business records a sale when a customer pays them cash, and records expenses when cash goes out the door. This was not a perfectly accurate system, as cashflow might be quite erratic even if sales are stable (collection times may differ, etc.). To combat problems with cash-based accounting, financial reporting moved to an accrual-based system. An accrual is the recording of an item before it has fully completed in a cash transaction. For example, when you ship goods to a customer and they owe you money, you record the revenue - then you record the future collection of cash as a balance sheet item, rather than an income statement item. Another example: if your landlord charges you rent on December 31st for the past year, then in each month leading up to December, you accrue the expense on the income statement, even though you haven't paid the landlord yet. Accrual-based accounting leaves room for accounting manipulation. Enron is a prime example; among other things, they were accruing revenue for sales that had not occurred. This 'accelerated' their income, by having it recorded years before cash was ever collectible. There are specific guidelines that restrict doing things like this, but management will still attempt to accelerate net income as much as possible under accounting guidelines. Public companies have their financial statements audited by unrelated accounting firms - theoretically, they exist to catch material misstatements in the financial statements. Finally, some items impacting profit do not show up in net income - they show up in \"\"Other Comprehensive Income\"\" (OCI). OCI is meant to show items that occurred in the year, but were outside of management control. For example, changes in the value of foreign subsidiaries, due to fluctuations in currency exchange rates. Or changes in the value of company pension plan, which are impacted by the stock market. However, while OCI is meant to pick up all non-management-caused items, it is a grey area and may not be 100% representative of this idea. So in theory, net income is meant to represent items within management control. However, given the grey area in accounting interpretation, net income may be 'accelerated', and it also may include some items that occurred by some 'random business fluke' outside of company control. Finally, consider that financial statements are prepared months after the last year-end. So a company may show great profit for 2015 when statements come out in March, but perhaps Jan-March results are terrible. In conclusion, net income is an attempt at giving what you want: an accurate representation of the health of a company in terms of what is under management control. However it may be inaccurate due to various factors, from malfeasance to incompetence.  That's why other financial measures exist - as another way to answer the same question about a company's health, to see if those answers agree. ex: Say net income is $10M this year, but was only $6M last year - great, it went up by $4M! But now assume that Accounts Receivable shows $7M owed to the company at Dec 31, when last year there was only $1M owed to the company. That might imply that there are problems collecting on that additional revenue (perhaps revenue was recorded prematurely, or perhaps they sold to customers who went bankrupt).  Unfortunately there is no single number that you can use to see the whole company - different metrics must be used in conjunction to get a clear picture.\""}
{"text": " Air Conditioners are very important in our life as it not only provides us cool air but also the fresh air that free from dust and pollution. So, before employing a repairing person, confirm that they are authorized, guaranteed and convey the required information and experience to benefit your Air Conditioner."}
{"text": " I think the question relates to the discussion here: http://clarkhoward.com/liveweb/shownotes/2010/10/05/19449/ It was always the case that merchants could discount purchases made with cash.  What wasn't allowed is allowing the merchant to charge extra for credit card transactions (presumably to cover the fees the merchants pay).  These fees usually carry a flat fee per transaction, plus around 2% of the purchase price.  What also wasn't allowed was them to refuse any credit transactions.  People could charge a pack of gum, even if the fees put that transaction in the red. What's allowed according to this new development is different levels of discounting for different credit cards. Somewhat related to this discussion is another development that happened this summer: merchants now have the ability to refuse credit card transactions of less than $10. Here's my feeling on all of this.  I think we'll see merchants imposing minimum credit transaction amounts before we see them monkeying at the 1-2% level on pricing for different types of credit cards.  My feeling is that they'd be wise not to change anything, even though they can.  Refusing transactions (or charging more for others) is going to come as a unpleasant shock to enough people that they may take their business elsewhere."}
{"text": " You are an internship. I worked at Citibank in highschool as a junior financial advisor and I sat for 8 hours on Saturday cold-calling clients with +$150,000 sitting in the bank.   I did this for 5 months until I got fed up with it, but the point is your an intern, don't expect the stars."}
{"text": " I'm on the other end of the spectrum. I'll never buy an e-book, I don't like reading off a screen.  But that's only part of the issue. You can't trade e-books, you can't put e-books in your library, and you can't buy used e-books. If you don't have a charger and you run out of battery, you're screwed.  My biggest thing is I can't put them on bookshelves...I have a mini library starting and I really enjoy having physical books around I can pick and choose from whenever I feel like reading.  For me, the only e-books worth considering are textbooks. I keep 5 textbooks on my iPad and it lightens my load considerably. I can bring them all to my classes and not have to lug around 20 lbs of books. But the difference with textbooks and books I read for fun are that I don't keep my textbooks around when I'm done with them."}
{"text": " There are, of course, many possible financial emergencies. They range from large medical expenses to losing your job to being sued to major home or car repairs to who-knows-what. I suppose some people are in a position where the chances that they will face any sort of financial emergency are remote. If you live in a country with national health insurance and there is near-zero chance that you will have any need to go outside this system, you are living with your parents and they are equipped to handle any home repairs, you ride the bus or subway and don't own a car so that's not an issue, etc etc, maybe there just isn't any likely scenario where you'd suddenly need cash. I can think of all sorts of scenarios that might affect me. I'm trying to put my kids through college, so if I lost my job, even if unemployment benefits were adequate to live on, they wouldn't pay for college. I have terrible health insurance so big medical bills could cost me a lot. I have an old car so it could break down any time and need expensive repairs, or even have to be replaced. I might suddenly be charged with a crime that I didn't commit and need a lawyer to defend me. Etc. So in a very real sense, everyone's situation is different. On the other hand, no matter how carefully you think it out, it's always possible that you will get bitten by something that you didn't think of. By definition, you can't make a list of unforeseen problems that might affect you! So no matter how safe you think you are, it's always good to have some emergency fund, just in case. How much is very hard to say."}
{"text": " \"Why does it have to be a central authority?  We collect taxes on local, state, and federal levels.   My question is that we, in the USA are (in my opinion) to fixated on the taxes that rich people might pay and that if we \"\"anger them\"\" with higher taxes, they will run away.  Where is the concern for the welfare of the working man and his family?\""}
{"text": " \"Bitcoin Well, the market cap is still way too low to transfer \"\"huge\"\" amounts of money, but that's hopefully a temporary problem. See also Bitcoin Stackexchange for further questions.\""}
{"text": " AMD is doing more than just laying off staff. Their earnings report also includes sales of real estate and other turn around strategies that could be reflected in the stock coming up on hope from investors. At the same time, consider how much of an up is a definite sign of positive news and how much may just be random noise as even a broken clock will be right twice a day. Often there will be more than just an announcement of x% of staff being laid off. There will be plans to improve future profits and this is what shareholders would want to know. What is the management doing to move the company forward to better profits down the road."}
{"text": " If the work is done in India, then the income arising out of it, is taxable when received by you, and not when it come into India ..."}
{"text": " \"I would say it actually applies to more readily to things like eating dinner than moral acts. The rationalization part need not be a justification, it may simply be the narrative your mind creates to give the illusion of agency to the actions you perform.  What I was getting at originally though is that most people rationalize emotional decisions after the fact. The mark of a higher moral being is one whose rational morals are informed by but ultimately supersede its  emotional instincts.   Your counterexample of \"\"Deserved\"\" is telling. There are two distinct lines of thought in justice: punitive and preventative. Punitive focuses on retribution, while preventative focuses on isolation or elimination of an individual from a situation where it can do further harm.   I think most punitive measures are at heart an emotional response to a situation or an entity, while preventative (usually) is informed by emotion but ultimately rational. This is another division in the potential reasons why someone might cheat a large faceless organization: on the emotional side one might live in a dramatically unequal society in which such organizations often blatantly act in a manner which is contrary to all social conditioning we receive from a very young age. Despite this, they thrive. This observation might lead to resentment and a sensation that such organizations deserve to be punished for their deeds, and a persons deeds might be justified because of this, at least in their heads.  Alternatively, one might think that the continued existence of such organizations and the systems which make them successful is a force for human misery, and therefore work to lessen their impact and/or ultimately destroy them.   I think it is interesting that most people would find the punitive/retributive motive for behavior to be childish, destructive, and immoral in these terms. Despite this they will happily apply it to individual humans who misbehave. It is puzzling and frustrating to me that people, in moments of anger and grief when these observations are MOST important, will not see this even when it is presented to them plainly. I chalk it up to the dominance of emotion over reason.\""}
{"text": " \"Yes, the annual contribution \"\"limits\"\" are effectively higher for Roth accounts than for the corresponding Traditional account, if that is what you are referring to, since the \"\"nominal\"\" limit is the same, but for Roth it's after-tax money, while for Traditional it's pre-tax money, which is equivalent to a lesser amount of after-tax money.\""}
{"text": " They make a killing. In Queensland, a state of Australia, they only have one Distributor, Energex, so there is no competition. All power comes from them. As such, the prices are ridiculously high since retailers can't afford to sell it any cheaper than what they bought it for. This company Energex has employees that casually take 3 hour lunch breaks and still earn over 100k a year and they are not even execs. Meanwhile the consumers in that state are going broke from the energy prices."}
{"text": " Hmm... I don't understand how big of an impact that would have in the long run. In the short-run, I can see it being an issue due to price-inflation.   But long-term, wouldn't the market adjust accordingly? If the prices are raised beyond the individual households' disposable income, people will simply find alternative products.   I guess it would be a terrible thing if they controlled something that is necessary to us. But if that happens, I imagine a revolution will start.   What incentives do the large companies have in doing this?"}
{"text": " Have you been involved in any iot or technology company. Even as a customer. Think of how well iot works in fridges and your home (Nest) and then think of having that technology implanted into your body.   Think about charging cables on your phone. Is there one kind? No. No one can agree on the standard. If you are ok with 1 chip, why not 3? Why not 5? Do some of them track your location? Maybe?"}
{"text": " After doing some investigating, my employers contract with the credit card company has a clause that basically specifies that despite my name being on the credit card, and bills being sent to me, all liability is on the company. Additionally, the employer reserves the right to garnish wages in the event of a balance on the card. So it looks like it won't affect my credit score. I appreciate all of the advice."}
{"text": " This is normal with the dealer's financing.  To add more details to littleadv's answer, what happens is when you get the financing through the dealer, at first, they will try to do the loan on your behalf with local banks in your area. This is why you see several hard inquiries; one from each back. If none of these banks wants to take the loan, then dealer's financing entity will take the loan. This was my exact experience with Hyundai. In addition, don't get surprise if you start receiving letters saying that your loan was rejected. The dealer will send the loan requests simultaneously, and some of the banks might deny the loan. This also happened to me, and I have been owning my car for around a year. Still, make sure that the letters matches with the credit inquiries."}
{"text": " From my 2003 Colorado experience here:  Earnest money shows that your offer is legit and is held until escrow as you recall correctly.  I assumed you meant escrow money, because I cannot think of any other non-refundable deposit you'd put on a home.  Perhaps for a new home or a manufactured home?"}
{"text": " You want to bend over and take it up the ass by a bunch of tyrants you go ahead, but true patriots know that the fight to preserve our constitutional rights never ends. It certainly doesn't end on a Friday afternoon because some troll shows up and tells you it ended last week.  They are **_inalienable_** rights. That means you or anyone else cannot take them away, and they cannot be signed away. Period.  Our grandparents fought and died for this protection and you would simply throw it away without a fight. Shame on you.  All of you dissidents should spend some time to really learn what the constitution grants you, and then spend the rest of your days helping defend it against those who would try to nickle and dime it to death. You're either with us or you're against us."}
{"text": " \"IMHO It is definitively not too early to start learning and thinking about personal finances and also about investing.  If you like to try stock market games, make sure to use one that includes a realistic fee structure simulation as well - otherwise there'll be a very unpleasant awakening when switching to reality... I'd like to stress the need for low fees with the brokerage account! Sit down and calculate how much fees different brokers take for a \"\"portfolio\"\" of say, 1 ETF, 1 bond, 1 share of about $500 or $1000 each (e.g. order fee, annual fee, fee for paying out interest/dividend).   In my experience, it is good if you can manage to make the first small investing steps before starting your career. Real jobs tend to need lots of time (particularly at the beginning), so time to learn investing is extremely scarce right at the time when you for the first time in your life earn money that could/should be invested. I'm talking of very slowly starting with a single purchase of say an ETF, a single bond next time you have saved up a suitable amount of toy money, then maybe a single share (and essentially not doing anything with them in order to avoid further fees). While such a \"\"portfolio\"\" is terrible with respect to diversification and relative fees*, this gives you the possibility to learn the procedures, to see how the fees cut in, what to do wrt taxes etc. This is why I speak about toy money and why I consider this money an investment in education. * An order fee of, say, $10 on a $500 position are terrible 4% (2 x $10) for buying + selling - depending on your local taxes, that would be several years of dividend yield for say some arbitrary Dow Jones ETF. Nevertheless, purchase + sale together are less than 3 cinema tickets.\""}
{"text": " I would say you are wrong. I think you're underestimating a good warehouse worker. There is a skill set involved, and many do not have it. Sadly, many people don't know any better than to arrive high, drunk, hung over, late, or not at all on a regular, for starters. Most warehouse workers don't just lift heavy things anymore. In fact, probably the majority never lift anything heavy at all. They run power equipment. Big, expensive, dangerous power equipment that does most of the lifting. Again, not everyone can handle that. One power equipment accident can end up costing the company tens of thousands of dollars.   Aside from that, the people performing those jobs are hardly the only employees present. Someone has to check in the trucks, audit the receivers, distribute the work of sorting, coreograph the loading and distribution of product out to the stores, maintain the computer systems, and a thousand other small tasks on a daily basis. I can assure you these positions require a whole lot more skills than the average loom worker in the 1800s was required.  Really, I find it scary how much you are devaluing these people. The fact most well-paying warehouses constantly go a few hands short is testiment to the fact good people are not actually a dime a dozen.  Edit a word.  Ninja Edit:  Another thing about this is that you seem to want to believe people had a choice in not developing whatever killer skillset it is you think makes you better than them. The reality is many very intelligent people cannot afford college. They don't have parents willing to give them a dime or a leg up, or their parents simply do not have the dime or the leg up to give them even if they wanted to. They're smart, but had to work during high school to support a portion of their own expenses, and that hurt their grades a bit. Or they were young, idiotic, and had little guidance because their parents were constantly away working their arses off for a pitance to survive on, so they goofed off in high school more than they ought resulting in an inability to qualify for scholarships. Suddenly, they're grown. They have to provide housing, food, and whatever for themselves, so they get crap jobs thinking they'll find a way to parlay that into skills or education when the reality is most employers just want to suck as much out of the employee for the least possible contribution. Any general manager of a large facility will tell you bragging rights on the golf course are to he who spends the least for the most work done. The majority of low skill low pay workers would gladly go back to college if only they could. Even if they can somehow scrape together the cash required - now over $8k a year for tuition, a crappy dorm and a food ticket at state colleges in my state, and books will run you $500 a semester for many majors - there is the issue of time. After working a grueling hopefully full-time job, they'd need to find it in them to stay awake during class and to complete assignments. On top of that, there is the question of timing. Especially in low skill jobs, it is usually required that the employee be available at company pleasure. Try finding a school in your area which has the classes you need times you can attend. Good luck with that. But wait! There are government subsidies! Yeah, good luck with that as well. If you've been working any half-decent job and apply, and are under 25 and your parents also make half-decent wages, you will be lucky to be offered loans. They aren't even low interest loans anymore. Also, god forbid your parents have a little emergency nest egg saved up from years of hard labor in the salt mines. Or - horrors - own a small, crappy, cookie-cutter, not-aging-well tract home free and clear. That'll cost you big in financial assistance from the goverment."}
{"text": " The Level 2 data is simply showing the depth of the market. If I am trading shares with my broker I have the option of viewing only the top 10 bid/ask prices in the depth or all of the data (which sometimes can be a very long list). With another broker I get the top ten bid and ask prices and how many orders are available for each price level, or I have the option of listing each order separately for each price level (in order of when the order was placed). I get the same kind of data if trading options. I do not know about futures because I don't trade them. Simply this data may be important to a trader because it may give an indication of whether there are more buyers or sellers in the market, which in turn may (but not always) give an indication of which way the market may be moving. As an example the price depth below shows WBC before market open with sellers outweighing the buyers in both numbers and volume.  This gives an indication that prices may drop when the market opens. Of course there could be some good news coming out prior to market open or just after, causing a flood of buyers into the market and sellers to cancel their orders. This would change everything around with more buyers than sellers and indicate that prices may now be going up. The market depth is an important aspect to look at before putting an order in, as it can give an indication of which way the market is moving, especially in a very liquid security or market."}
{"text": " I just described its function. Tell me what they do other than what I described, and also tell me how much of drug companies' budgets are consumed in this process (preferably the unecessary parts of the process), especially compared to the rest of the drug spending and inordinate profits.  Drug companies run ads, they have sales reps (pharma girls), they have tort cases (not a symptom of regulation), they have research, they have HUGE employee and CEO salaries and bonuses, they have distribution costs. Trust me when I say that regulation isn't the driving force here."}
{"text": " Well kind of hard to give an answer without seeing the underlying syllabus, but judging by the title of the majors here's what the career paths *might* be.  Personal Financial Planning generally leads to a career in financial planning wherein clients come to you and explain to you their future goals and you have to devise an investment plan which adheres to their assets and liabilities structure. I'm getting a sense that the major is a precursor to the CFP certification; so check out the CFP Board's website.  Finance Major is *probably* the major which leads to a career in investment banking or investment management (wherein you'll probably deal with institutional clients rather than individuals).  It's worth noting that the two majors probably share courses."}
{"text": " Apparently Amazon's legal team that is battling to prevent online retailers from getting taxed was not consulted as to whether an idea like this would look *really* bad for their case. It's brilliant, but a wee bit diabolical. Brick and mortar retailers really have no recourse against something like this."}
{"text": " The profits from one good job could pay for whatever type of alarm system needed to minimize the risk of theft. Failing to brand the truck would be the equivalent loss of multiple tool thefts per year. No need to cower in fear; advertising works. And it's not impossible to prevent vehicle break-in theft."}
{"text": " It's important to consider your Investor Profile when deciding the right kind of vehicle for your finances. You are a young guy, with a considerable earned income and no dependents (sorry, this was not clear from the question.) This means that you are able to take a lot of risks that people who also have a family to think about, might not. == high risk tolerance You should definitely not put your money in a Wealth Management fund or Mutual Fund or any other 'hands-off' vehicle. These typically have worse returns than the FTSE itself. Their popularity is due to an amazing marketing job and the fact that people in general want to believe there is an easy way to grow their money. Probably the best vehicle for your money is property, so the first thing you should do with the money is hire a competent accountant and solicitor."}
{"text": " Conversly, then you should not enjoy the benefits privided by being in a union then right?  That seems simple enough, but that's not how it works.   Unions by law have the duty of fair representaion, so even if you are not a member, you still are awarded all the benefits and protections of the contract.   So, it's not that simple, because how do you balance that if not for fair share?  The union still has to pay to protect you, but you don't have to pay for any of the work they do.  So then, if you can get all the benefits of being in the union and not pay a dime for it, why would you?  Seems logical right, it's a good deal, we all want to save money.   Well as everyone stops paying and the union can't afford to operate as it did, like any organization, it restructures and lays off staff.  Now the union no longer has the resources to offer you good representation, which causes the dues paying members to be frustrated and to drop out and or ditch the union entirely.  Now no one in your workplace has a voice, a contract, or any protections.   That may turn out to be great,  but you know, the company wants to save money too..   The company is also no longer obligated to offer you the same wages or benefits that your coworkers negotiated.  So now the company is free to cut wages, benefits and workforce to improve thier bottom line or executive bonuses."}
{"text": " You get to drink water?  Where I grew up it got to 140 in the winter, and we had to drink our own sweat, or our coworkers, if we were lucky!  And that was only during our one break per week!   :)"}
{"text": " \"I grew up when eBay started long before Amazon. For the past 20 years, eBay has been a total \"\"no-option\"\" service. The amount of fraud has been out of control for two decades.    If you can't afford something, just don't buy that item. Buy something lesser. Going on eBay for something cheap will burn you every time. This has been common sense for twenty years. It's garbage and it profits off bad transactions. Just drop it altogether as a service and align your wants to your means.\""}
{"text": " I'll respect the mod's suggestion. I'd answer with a warning. The concept of 401(k) pretax saving is to save at a high rate, while working, and withdraw at a lower rate. An annual expense pushing 1% or higher is likely to negate the benefit of the account over time.  If your employer offers the Roth 401(k), I'd suggest using that for your deposits, and only up to the match. Then invest outside the 401(k). In the 25% bracket, it's good to have a mix of both pre and post tax retirement money."}
{"text": " \"Actually in Finland on some bank + debit/credit card + online retailer combinations you type in your card details as you normally do, but after clicking \"\"Buy\"\" you get directed to your own bank's website which asks you to authenticate yourself with online banking credentials. It also displays the amount of money and to which account it is being paid to. After authentication you get directed back to the retailer's website. Cannot say why banks in US haven't implemented this.\""}
{"text": " \"So either scenario has about $10K upfront costs (either realtor/selling expenses or fixing up for rental). Furthermore, I'm sure that the buyers would want you to fix all these things anyway, or reduce the price accordingly, but let's ignore this. Let's also ignore the remaining mortgage, since it looks like you can comfortably pay it off. Assuming 10% property management and 10% average vacancy (check your market), and rental price at $1000 - you end up with these numbers: I took very conservative estimates both on the rent (lower than you expect) and the maintenance expense (although on average over the years ,since you need to have some reserves, this is probably quite reasonable). You end up with 2.7% ROI, which is not a lot for a rental. The rule of thumb your wife mentioned (1% of cash equity) is indeed usually for ROI of leveraged rental purchase. However, if rental prices in your area are rising, as it sounds like they are, you may end up there quite soon anyway. The downside is that the money is locked in. If you're confident in your ability to rent and are not loosing the tax benefit of selling since it sounds like you've not appreciated, you may take out some cash through a cash-out refi. To keep cash-flow near-0, you need to cash out so that the payments would be at or less than the $3200/year (i.e.: $266/month). That would make about $50K at 30/yr fixed 5% loan. What's best is up to you to decide, of course. Check whether \"\"you can always sell\"\" holds for you. I.e.: how stable is the market, what happens if one or two large employers disappear, etc.\""}
{"text": " Carnegie Mellon University (CMU) and the University of Pittsburgh (Pitt) have different end of term dates but by less than a month.  Both have summer sessions, but most students do not stay over the summer.  You can rent over the summer, but prices fall by a lot.  Thirty to forty thousand students leave over the summer between the two.  Only ten to twenty thousand remain throughout the year and not all of those are in Oakland (the neighborhood in Pittsburgh where the universities are located).  So many of the landlords in Oakland have the same problem.  Your competitors will cut their rates to try to get some rent for the summer months.   This also means that you have to handle eight, nine, and three month leases rather than year long and certainly not multiyear leases.  You're right that you don't have to buy the latest appliances or the best finishes, but you still have to replace broken windows and doors.  Also, the appliances and plumbing need to mostly work.  The furnace needs to produce heat and distribute it.  If there is mold or mildew, you will have to take care of it.  You can't rely on the students doing so.  So you have to thoroughly clean the premises between tenants.   Students may leave over winter break.  If there are problems, the pipes may freeze and burst, etc.  Since they're not there, they won't let you know when things break.   Students drop out during the term and move out.  You probably won't be able to replace them when that happens.  If you have three people in two bedrooms, two of them may be in a romantic relationship.  Romantic relationships among twenty-year olds end frequently.  Your three people drops back to two.  Your recourse in that case is to evict the remaining tenants and sue for breach of contract.  But if you do that, you may not replace the tenants until a new term starts.  Better might be to sue the one who left and accept the lower rent from the other two.  But you likely won't get the entire rent amount for the remainder of the lease.  Suing an impoverished student is not the road to riches.   Pittsburgh is expected to have a 6.1% increase in house prices which almost all of it is going to be pure profit. I don't know specifically about Pittsburgh, but in the national market, housing prices are about where they were in 2004.  Prices were flat to increasing from 2004 to 2007 and then fell sharply from 2007 to 2009, were flat to decreasing from 2009 to 2012, and have increased the last few years.  Price to rent ratios are as high now as in 2003 and higher than they were the twenty years before that.  Maybe prices do increase.  Or maybe we hit a new 20% decrease.  I would not rely on this for profit.  It's great if you get it, but unreliable.   I wouldn't rely on estimates for middle class homes to apply to what are essentially slum apartments.  A 6% average may be a 15% increase in one place and a 3% decrease in another.  The nice homes with the new appliances and the fancy finishes may get the 15% increase.  The rundown houses in a block where students party past 2 AM may get no increase.   Both the city of Pittsburgh and the county of Allegheny charge property taxes.  Schools and libraries charge separate taxes.  The city provides a worksheet that estimates $2860 in taxes on a $125,000 property.  It doesn't sound like you would be eligible for homestead or senior tax relief.  Realtors should be able to tell you the current assessment and taxes on the properties that they are selling you.   You should be able to call a local insurance agent to find out what kinds of insurance are available to landlords.  There is also renter's insurance which is paid by the tenant.  Some landlords require that tenants show proof of insurance before renting.  Not sure how common that is in student housing."}
{"text": " Several things to do: Change your bank. $2 for a check? Why?? When shopping for a new bank: ask for a free checking account. College students can get free checking in almost any bank. At least the first box of checks will be free, which will give you enough checks for the next several years (I'm still not half done with the box I got from WaMu 5 years ago). Check out your neighborhood credit union. Most of them have free checking and free checks for students as well. If still no luck - check online check printing services, they'll send you a box for less than $25, that's for sure. Walmart for example (1 box - $7). Also, you can use banks' bill-pay service for any check you write, if you know the address of the person, the amount and the sum a couple of days ahead of time. That should cover rent, and probably most of your other checks."}
{"text": " Use a compound interest calculator to project the difference with ETFs in the S&amp;P 500 (or the asset mix of your choosing), and subtract the expected pension amount. If the difference is positive, or around around even, I would do it to avoid the risk of company failure."}
{"text": " It's a way to help normalize the meaning of the earnings report. Some companies like Google have a small number of publicly traded shares (322 Million). Others like Microsoft have much larger numbers of shares (8.3 Billion). The meaning depends on the stock. If it's a utility company that doesn't really grow, you don't want to see lots of changes -- the earnings per share should be stable. If it's a growth company, earnings should be growing quickly, and flat growth means that the stock is probably going down, especially if slow growth wasn't expected."}
{"text": " Spreadsheets need not be static, they can pull data from the web.  This article describes the method you seek."}
{"text": " &gt;when he's already admitted that he has all the money he'll ever need  Sounds like he should sell or close the company.  &gt;and what he's doing now is fear mongering his own employees so that he doesn't have to pay slightly higher taxes  See I can already shoot down your explanation, because it's not just higher taxes, its increased business tax liability, increased business insurance liability. All of which deincentivize not incentivize.  If you started out making 80% of a billion dollar gross profit, then 70% , then 60%, then 50%, then 40% and with proposed changes to liability you're now looking at 30% of a billion. How long would you continue? The guy is 70+ years. He probably continues because it is his passion. But at what point is the stress and return on his time and input not worth it? That's the topic. Not greed. Is it greedy that whether he made 80% or even only 10% of a billion? You may say yes, but as a decision maker he must constantly weigh whether or not it is worth it.   &gt;He didn't get successful in a vacuum, he got successful in a system which helped fund his success because 42 years ago the people who were where he is today were taxed more so he could get where he is today. But his opinions aren't what I'm mad about, I'm mad because he is greedy and a bully and a liar and a hypocrite of almost incomprehensible proportions.   Obama said he didnt build it, but he'll damn well close or sell the company if he wants. Rhetoric is cute until thousands of employees are out of jobs because the owner didn't feel it was worth it to continue the business."}
{"text": " Finish off the student loans. If your absolute goal is saving as much as you possibly can for retirement, then you of course will be best off by maxing your IRA contribution every year. However, student loans are just another thing hanging over you, and nothing feels better than getting rid of a large debt. Pay them off, take yourself out to a nice dinner to celebrate, and tuck away what you have left over in your IRA. Paying off student loans is a great accomplishment - celebrate it!  The difference long-term will be negligible."}
{"text": " These are the basics in order: Max your employer contributions to your 401k if available Pay off any loans Contribute to an IRA  Perhaps max out your 401k Look into other investment options (refinance your mortgage, buy stocks) Those are the typical rules, special situations may need specials actions..."}
{"text": " Index funds: Some of the funds listed by US SIF are index funds. ETFs: ETFdb has a list, though it's pretty short at the moment."}
{"text": " There is a basis for that if you consider the power of compounding. So, the sooner you re-invest the dividends the sooner the time will give you results (through compounding). There is also the case of the commissions, if they are paid with a percentage of the amount invested they automatically gain more from you. Just my 2cents, though the other answers are probably more complete."}
{"text": " With a long enough time horizon, no matter when you buy, equities almost always outperform cash and bonds. There's an article here with some info: http://www.fool.co.uk/investing-basics/how-when-and-where-to-invest/ Holding period where shares have beaten cash  There was a similar study done which showed if you picked any day in the last 100 years, no matter if the market was at a high or low, after 1 year your probability of being in profit was only 0.5, but after 10-20 years it was almost certainly 1.0.  Equities compound dividends too, and the best place to invest is in diversified stock indices such as the S&P500, FTSE100, DOW30 or indices/funds which pay dividends. The best way to capture returns is to dollar cost average (e.g. place a lump sum, then add $x every month), to re-invest dividends, and oh, to forget about it in an IRA or SIPP (Self invested pension) or other vehicle which discourages tampering with your investment.  Yes, values rise and fall but we humans are so short sighted, if we had bought the S&P in 2007 and sold in 2009 in fear, we would have missed out on the 25% gain (excluding dividends) from 2007-2014. That's about 3% a year gain even if you bought the 2007 high -beating cash or bonds even after the financial crisis. Now imagine had you dollar cost averaged the entire period from 2007-2014 where your gain would be. Your equity curve would have the same shape as the S&P (with its drastic dip in 2009) but an accelerated growth after. There are studies if you dig that demonstrate the above. From experience I can tell you timing the market is nigh impossible and most fund managers are unable to beat the indices. Far better to DCA and re-invest dividends and not care about market gyrations! .."}
{"text": " For security alarm installation, look no further than Robuck Security. We have a proud record of industry-leading alarm systems design. We can handle all kinds of needs whether simple or sophisticated. Call us now on 1300 076 282. We will look forward to serve you."}
{"text": " To start with gold has value because it is scarce, durable, attractive and can be made into jewellery. But that does not explain its current value. In the current economic climate, it is difficult for many investors to get a positive return on conventional investments such as equities or bonds. I theorise that, in such conditions, investors decide to park their money in gold simply because there are few other good options. This in itself drives the price of gold up, making it a better investment and causing a speculative boom. As you will see here, here, and here the gold price is negatively correlated with stock market indices."}
{"text": " Beware of surrender charges also Surrender Charges Many annuities   will impose a surrender charge if the annuity is cashed in before a   specific period of time. That period may run anywhere from 1 to 12   years. A typical surrender charge is one that starts at 7% in the   first year of the contract, and declines by 1% per year thereafter   until it reaches zero. The charge is made against the value of the   investment when the annuity is surrendered, and its purpose (other   than simply to make money for the insurance company) is to discourage   a short-term investment by the purchaser. For that reason, an annuity   should always be considered a long-term investment. In the typical   fixed annuity, though, this charge will not apply provided no more   than 10% of the investment is withdrawn per year. source: http://www.fool.com/retirement/annuities/annuities02.htm If you've held it for 10 years as you claim, you may not owe any or much in surrender charges, but you definitely want to know what the situation is before you make a move."}
{"text": " In the UK if you come into the possession of the information in a way that isn't available to the general public that's insider trading. It even states this in section 7, and uses the example of if you observe something like a burning factory as a member of the public, that's not insider information as anyone could have seen it.   If you attended a meeting or somehow got hold of private information not yet made public, then it would be considered insider information.   Its possible the OP got this information through public observation but considering the nature of the information it's highly unlikely"}
{"text": " I found out about Louis from the internet, I previously had only watched his stand-up on the internet, and then I bought one show for 5$.  I also used to watch Derrick comedy (online only) and would buy a similar download from Donald Glover if he offered one.  This model is EXACTLY what people need, since it will lead to a hell of a lot more middle-class artists selling directly to small portions of the public with very little over-head."}
{"text": " A few years ago, I did something like this at a Wells Fargo; I realized I could put money into an IRA a few days before 4/15, and was able to walk in to the main branch and do the whole thing in under an hour."}
{"text": " You'd think I would remember this, having also bought a house in 2008, but I recall that earnest money was different from the nonrefundable deposit.  Earnest money was typically some small amount - $500 or something - that was put on the table when you made the offer.  After the offer was accepted, but before closing, the 1%-ish amount was put into escrow as part of the negiotiation process.  Maybe this is just a Massachusetts thing, though."}
{"text": " We are well equipped with controls and oversight.  What we lack is a great person on our floor to help handle our finance function.  We hope that qualified redditors from this subreddit will consider throwing their hats in the ring."}
{"text": " \"To be honest, why haven't startups taken advantage of Uber's shitty image to launch \"\"ethical\"\" uber taxi services?  I love Uber's service, but i'd be ready to pay 50% extra on a ride if i know the drivers are paid right and the company holds a good vision.\""}
{"text": " \"What Apple and Microsoft understands, but Sony doesn't, is that hardware is bullshit. Sony is, perhaps irrevocably, stuck in thinking they're a consumer electronics company, not giving a shit about their real job as a content discovery service. Microsoft knocked it out of the park with the XBox experience, while Sony somehow manages to make each iteration *worse.*  It's depressing to see so much potential go to waste -- Sony could have an *amazing* experience-driven platform, were they not so tear-inducingly inept at understanding how their market works. They have enough movies, games and music to completely crush their competition, and yet they let it rot on the underdeveloped, user-hostile PS3 platform. Have you ever gone \"\"just browsing\"\" on the Playstation Store, or, even worse, tried to quickly find that game you *know* is on there? You'll tear your hair out.  At some point, such horrible mismanagement of intellectual property has to be punished.\""}
{"text": " Calculation. To\u00a0calculate\u00a0the DJIA, the sum of the prices of all 30 stocks is divided by a divisor, the\u00a0Dow\u00a0Divisor. The divisor is adjusted in case of stock splits, spinoffs or similar structural changes, to ensure that such events do not in themselves alter the numerical value of the DJIA."}
{"text": " I mean if he signed a non-compete clause as a part of the contract, he's boned. I still think it's silly on Sony's part though because they fired him because the commercials didn't do anything for sales and he wasn't directly endorsing Nintendo nor does he have a contract with Nintendo. They're just really trying to throw off any momentum the WII U is about to gain because Sony knows it has the potential to kill the PS3 and they sure don't want to rush another console on to the market."}
{"text": " The shortage is artificial and is due to extremely high hiring thresholds by HR departments and people removing themselves from the pool.  Why work if you are paid you to stay home?  Granted it isn't much money but apparently it is sufficient to live on from the number of people who aren't looking any longer."}
{"text": " &gt;Labor isn't that interchangeable and markets are far from perfect.  Yes, it is if it's manual labor which is what these Walmart workers is. Labor can even be replaced by robots/technologies. As technologies advanced at current rate. Manual labors can and will cease to exist.  &gt;What is the other option other than government help?  Education! Seriously, a god damn good education that isn't today's education system. No welfare from the govrt. A good education from our govrt. is 100x better than welfare.  &gt;Let these people starve and live on the street because they can't afford anything else? That is a great way to ruin a society.  Look, No one cried when Car replaced Horse carriage. Just look at the entire Human history. A lot of job die when technology changed and each time a new technology rise. There are dozen of far better paying jobs that come with it. Can you imagine back in 1950 that someone can just do Vlog on YoutTube and make great living doing it. There are hundred of YouTube partners making a good living just making videos and post them on YouTube! Unless you're retarded, your brain will always worth way more than your strength. Human race is a creative race. We are born to think and to create. I believe our society and its people will be better off in a society where we are not bored at our jobs doing manual and repetitive tasks. From personal experiences, I got a co-worker who used to building house for a living. When we work together, he was a tech support and now he does SharePoint support. He told me when he was building house, he was hook on drug/weed/cocaine...etc. You named it and he had tried it beaus the pain from doing manual labors was unbearable that he rely on drugs to take pain away. He told me not one person who work in the house building wasn't hook on alcohol, weed or drug and working in tech support and writing script is great for him because he get to use his brain and no body pain from manual labor.   All this have to start with EDUCATION! Which sadly our govrt. suck balls at it!"}
{"text": " \"While that may be true,  it's a shame. Morality has to come before profit or the game is already lost. Profit without social progress is meaningless. The use of \"\"shareholder value\"\" as a justification for a lack of corporate ethics is disgusting. Our CEOs shouldn't have to be told that it's wrong to pray on their customers. It's fucked up.  It's a huge glaring flaw in society.  Have you listened to any of the interviews with Bernie Madoff or the Enron guys?  They don't feel like they did anything wrong. No shame at all.  Maybe it's because they're sociopaths,  but maybe it's because we're all still irrational animals obsessed with having more than the next guy,  even if we hurt everyone in the process /rant\""}
{"text": " The only problem that I see is that by not giving the 20% right away, you might need to pay PMI for a few months. In addition, in the case of conventional loans, I heard that banks will not remove the PMI after reaching 80% LTV without doing an appraisal. In order to be removed automatically, you need to reach 78% LTV.  Finally, I think you can get a better interest by giving 20% down, and you can get a conventional loan instead of a FHA loan, which offers the option to avoid the PMI altogether (on FHA, you have two PMIs: one upfront and one monthly, and the monthly one is for the life of the loan if you give less than 10%)."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/view/articles/2017-08-25/too-much-debt-is-making-us-sticks-in-the-mud) reduced by 91%. (I'm a bot) ***** &gt; Instead, we get deeper recessions, as people out of work are left with no purchasing power at all, and the people in work sharply reduce their spending out of fear that they, too, may soon be broke and unemployed.  &gt; One theory would explain the quandary in wages but not in real estate: People attach a lot of their personal identity to their paycheck, so while firing workers is traumatic, lowering everyone&amp;#039;s wages spreads the trauma to your whole workforce, hurting morale and making operations less productive.  &gt; In the first scenario, you will save 200 people three out of three times; in the second, you save 600 people one time, and zero people the other two times.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6w6jgk/too_much_debt_is_making_us_sticksinthemud/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~198942 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*: **people**^#1 **wage**^#2 **landlords**^#3 **time**^#4 **income**^#5\""}
{"text": " \"If I read your figures correctly, then the cost difference is negligible. ($1.84 difference) The main determining factor, I'd think, would be the coverage.  Do you get more, or less, coverage now than you would if you went together on the same plan?  You'd both be covered, but what is the cap? Plans, and employer contributions, change all the time.  How is business in both of your companies?  Are you likely to get cut? Are you able to get back into a plan at each of your employers if you quit the plan for a while?  These rules may be unpleasant surprises if, say, your wife cancels her plan, goes on yours, and you lose your job.  She may not be able to get back into her insurance immediately, or possibly not at all.  A spouse losing a job isn't a \"\"qualifying life event\"\" the way marriage, birth of a child, divorce, etc., is.\""}
{"text": " Its strange The U means You figure it out! What should be done is report all U levels when making an announcement! This gives an accurate total story of the state of employment without pandering to the left or right. We should not accept any comments/reports without asking for all levels. How can we form an opinion with tainted/censored/lying info.  Is this no different than saying housing starts are up yet don't get told we have foreclosures and unsold homes still in the market?"}
{"text": " Because US bonds have had the prior impression of absolute invincibility and safety that has helped the dollar become the world's reserve currency and the United States borrow essentially at will. For the people that care what S&P says, the aura of invincibility is broken and it is conceivable, in SOME universe, for the US to default on its debt. This is of little practical importance on its own, but it's yet another signpost on the road to Chinese or European economic hegemony."}
{"text": " And who said high finance isn't criminal half the time? Did any one important go to jail for inflating the housing market and defrauding people in 2008? Of course not...  But back to your point about paying people a lot of money to save lives which is repeated ad nauseam. It isn't relevant because it assumes smart people only discover things to make a lot of money. Ya go tell that to academics who spend their lives in labs etc discovering things and building science from the ground up, I wonder how much they get paid vs. pharma execs.   And even if it proves true to some people I think most would agree that say doctors and drug inventors who actually save lives should be paid well but that's not the people we are dealing with here. We are dealing with financial vultures who just make money off of this because they can and nobody is there to regulate them."}
{"text": " You have to take legal tender to settle a debt. If your business model doesn't involve the customer incurring a debt that is then settled, you don't have to take cash. For example, in a restaurant where you pay after eating, you can insist on paying cash, because you're settling a debt. But in McDonald's they can refuse your cash at the counter, because you've not received your food yet and so no debt has been incurred."}
{"text": " Out of curiosity, where do you get your news? Had I been asked to explain the two crises, I have no doubt that I would fail horrifically. You seem to explain everything quite concisely. I assume part of it is innate intelligence, but it can't hurt to have a good news source either."}
{"text": " Most plans yes, but it depends on your specific plan's provisions. You want to get a Summary Plan Description for your specific plan. Speak with HR (assuming you have one, or whoever is in charge at your company) and request a Summary Plan Description (they are legally required to provide you with one if you ask, although there may be a small cost to you for printing). It will tell you in there when distributions may be made following severance of employment as it pertains to your specific plan. An excerpt from the doc submitted to the IRS for plan approval -  option g would be the choice that's available, and participant should watch out for.  This is the response (a small excerpt, the full doc ran 2 pages and had private information) -  It confirms the full document (the plan itself) was approved."}
{"text": " If you had a trading system, and by trading system I mean the criteria setup that you will take a trade on, then once a setup comes up at what price will you open the trade and at what price you will close the trade. As an example, if you want to buy once price breaks through resistance at $10.00 you might place your buy order at $10.05. So once you have a written trading system you could do backtesting on this system to get a percentage of win trades to loosing trades, your average win size to average lose size, then from this you could work out your expectancy for each trade that you follow your trading system on."}
{"text": " &gt;Well, reserve requirements concern, as the name suggests, the reserves, e.g. a position on the balance sheet.  Yes, the book value of equity is not affected. However, when the market value experiences a steep decline, you find those that hold deposits begin moving them out of the bank. Investment fear and business fear tend to move together with financial institutions. That directly impacts the reserve requirements.  &gt;but sharp price drops in fact can help you to raise equity, simply because your ratios improved (P/E, P/B, in fact any ratio that includes the price part) and the stock became cheaper  Not when there is bankruptcy or solvency issues that become present. Obviously an investor wants to buy low and sell high, but if there is a substantial risk of bankruptcy, the common stockholder will demand a premium unattainable by most non-growth firms (i.e. biotech, tech, etc.).  That is the issue with France. Liquidity issues stem from systemic risk, but those French banks also possess significant firm risk due to their exposure to sovereign debt. Once those banks mark all of their holdings to market, they will realize substantial losses. BNP recently recorded a nearly $1B write-down."}
{"text": " \"**Noblesse oblige**  Noblesse oblige is a French phrase literally meaning \"\"nobility obligates\"\". It denotes the concept that nobility extends beyond mere entitlements and requires the person who holds such status to fulfill social responsibilities, particularly in leadership roles.  The Dictionnaire de l'Acad\u00e9mie fran\u00e7aise defines it thus:    Whoever claims to be noble must conduct himself nobly.  (Figuratively) One must act in a fashion that conforms to one's position and with the reputation that one has earned.  ***  **Morning in America**  \"\"Prouder, Stronger, Better\"\", commonly referred to by the name \"\"Morning in America\"\", is a 1984 political campaign television commercial, known for its opening line, \"\"It's morning again in America.\"\" The ad was part of the U.S. presidential campaign of Republican Party candidate Ronald Reagan. It featured a montage of images of Americans going to work, and a calm, optimistic narration that suggested that the improvements to the U.S. economy since the 1980 election were due to Reagan's policies. It asked voters why they would want to return to the pre-Reagan policies of Democrats like his opponent Walter Mondale, who had served as the Vice President under Reagan's immediate predecessor Jimmy Carter.  The phrase \"\"It's morning again in America\"\" is used both as a literal statement (people are shown going to work as they would in the morning), and as a metaphor for renewal.  ***  **French Revolution**  The French Revolution (French: R\u00e9volution fran\u00e7aise [\u0281ev\u0254lysj\u0254\u0303 f\u0281\u0251\u0303s\u025b\u02d0z]) was a period of far-reaching social and political upheaval in France that lasted from 1789 until 1799, and was partially carried forward by Napoleon during the later expansion of the French Empire. The Revolution overthrew the monarchy, established a republic, experienced violent periods of political turmoil, and finally culminated in a dictatorship under Napoleon that rapidly brought many of its principles to Western Europe and beyond. Inspired by liberal and radical ideas, the Revolution profoundly altered the course of modern history, triggering the global decline of absolute monarchies while replacing them with republics and liberal democracies. Through the Revolutionary Wars, it unleashed a wave of global conflicts that extended from the Caribbean to the Middle East.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot/)   ^] ^Downvote ^to ^remove ^| ^v0.22\""}
{"text": " If you don't think you're necessarily going to stay in this area for five years, consider another option: renting. Five years is often quoted as the minimum length of time for buying (over renting), as the costs of the house purchase and the mortgage are significant - and if you're buying a new house every 5 years you're putting several thousand dollars of fees up front each time.  If you don't assume that house prices will increase (as they won't necessarily), then you can consider these costs - say, $5000-$6000 for a $500k house - an extra 1% or so of interest that first year.  If you are there 5 years, then you're paying 0.2% extra (more or less); that's reasonable, but if you're there only 2 years, you're adding 0.5% to your rate, which is pretty significant. You won't necessarily come out ahead here (versus renting). Renting for a year or two gives you enough time to find out if you do like the area, and if you do, you buy then - with more knowledge of the area and a chance to make a purchase at the right time for you. You pay off your loans, or at least a chunk of them, now, save some of the rest, and then rethink in a couple of years.  If you then don't qualify for a doctor's mortgage anymore, you just save up the rest of the 20% before making the purchase."}
{"text": " The answer would depend on the equities held. Some can weather inflation better than others (such as companies that have solid dividend growth) and even outpace inflation. Some industries are also safer against inflation than others, such as consumer staples and utilities since people usually have to purchase these regardless of how much $ they have. In looking over the data comparing S&P 500 returns, dividends, and inflation, the results are all over the map. In the 50's the total return was 19.3% with inflation at 2.2%. Then in the 70's returns were 5.8% with inflation at 7.4 percent, leading one to think that inflation diminished returns. But then in the 80's inflation was 5.1%, yet the return on the S&P was up to 17.3% Either way, aside from the 70's every other decade since 1950 has outpaced inflation (as long as you are including dividends; hence my first paragraph). S&P 500: Total and Inflation-Adjusted Historical Returns Also, the 7% average stock appreciation you mention is just that, an average. You are comparing a year-over-year number (7% inflation) with an aggregated one (stock performance over x number of years) and that is a misrepresentation and is not being weighted for the difference in what those numbers mean. Finally, there are thousands of things that have an effect on the stock market and stocks. Some are controllable and others are not. The idea that any one of them, such as inflation, has any sort of long-term, everlasting effect on prices that they cannot outmaneuver is improbable. This is where researching your stocks comes in...and if done prudently, who cares what the inflation rate is?"}
{"text": " \"I don't see EWQ6 in any of your links, so I can't say for certain, but when you buy an option contract on a future, the option will be for a specific future (and strike).  So the page you're looking at may be for options on E-mini S&P 500 futures in general, and when you actually purchase one through your broker, you pick a specific expiry (which will be based on the \"\"prompt\"\" future, meaning the next future that expires after the option) and strike. UPDATE: Based on this page mirror, the option EWQ7 is an option on the ESU7 (SEP 2017) future.  The next 3 monthly options use ESZ7 as the underlier, which confirms that they use the next prompt future as the underlier.\""}
{"text": " The 10 most dangerous jobs (number is Occupation Fatalities per 100,000):   Timber cutters 117.8   Fishers 71.1   Pilots and navigators 69.8   Structural metal workers 58.2   Drivers-sales workers 37.9   Roofers 37   Electrical power installers 32.5   Farm occupations 28   Construction laborers 27.7   Truck drivers 25   (This is according to the BLS for 2015.  They say Mining workers is 12.4)"}
{"text": " You can complain to the Financial Ombudsman Service in Australia.  I've never used them in particular but generally organizations will respond much faster once you get the ombudsman involved. However, since you say they've now kept their promises, the ombudsman is unlikely to do much more than listen sympathetically."}
{"text": " Our Website : http://alldaycarrentals.com.au/ There are several points to consider when choosing a business contract hire car. The main one is which company you will deal with. There are many companies offering business contract Cairns Car Hire, so it is important to find the best one to deal with. Just check online and see what they have to offer. Having made picked your business contract hire car company, you will also need to consider the choice of lease. If you prefer regularly having the use of a new vehicle then the shorter leasing deal may be best for you. Then there is the question of your mileage."}
{"text": " This is assuming your student loans are Federal Stafford Loans Don't pay off your student loans as soon as possible. They're very low interest and paying them monthly will help your credit. What you will want to do is as soon as the grace period expires, call up whoever is handling your account and ask them to reduce the monthly since you're not making much. Then just pay the minimum amount, pay your living expenses, bank some of it, and if you have a month where you came out ahead consider putting the difference towards the student loan. Can also drop any tax return you get into the student loan debt. The whole pay off your student loans fast is important. When you have the extra put it towards it, but the extra. Its also much, much more important if you made the mistake of taking out Private Loans or have 50k, 80k, 120k in student loan debt. Since you only have a ~14k I'm going with it being a Stafford Loan. Reduce the monthly, pay on time, live within/below your means... and you'll be just fine."}
{"text": " Say for example a trade totals $10,000.  A flat tax of 0.2% would be $20.  This is not much for the Buy &amp; Holder b/c he only makes a few trades a year, say 10 transactions a year.  So their tax is only about $200 per year. (heck we could even drop it to 0.1%).  But DayTraders will routinely do 10 trades a day, or over 3000 trades a year.  So using that same 10K trade above, that could hypothetically be 3000x20 = $60,000 per year in taxes.  Computer Traders will do hundreds of trades per day.  Say 30,000 trades per year.  So that is $600,000.  So you can see how iit hardly affects legitimate investors, while making the HF traders control themselves a bit.  This is what we want.  The exchanges charge the flat tax with the transaction like a Sales tax.  It avoids excess regulation (the SEC already monitors trades, or is supposed to), and it hurts the gamblers (HFTs), while not hindering the good guys (investors)."}
{"text": " \"Without divulging too many specifics.  Net income is 73k.  Total income is 136k.  Filed as an S-Corp.  Using Quickbooks to classify expenses etc.  I know its not much information but I don't know what to look out for, like \"\"whoa, net income is 73k, you gotta spend that!\"\"  I have a CPA but isn't offering much in the terms of \"\"help\"\" and \"\"explanation\"\".  Thanks for your time!\""}
{"text": " If you want to spend all of your money in the next few years, then a CD protects you from the risk of a bear market. however, if your time horizon is longer than 10 years, then the stock market is a better bet, since it is less effected by inflation risk. also, as you point out average stock returns are much higher, ignoring volatility.  On the whole, CD's appeal to people who would otherwise save their money in cash.  generally, it seems these people are simply afraid of stocks and bonds because those securities can lose nominal value as well as real value.  I suspect this is largely because these people don't understand inflation, nor the historical long-term index fund performance."}
{"text": " I'm going to give the succinct, plain language version of the answers:  1.    Your oldest active credit agreement is not very old You don't have much experience or history for me to base my analysis on -- how do I know I can trust you to pay back the money? 2.    You have no active credit card accounts Other people haven't trusted you with credit or you haven't trusted yourself with credit and there's no active good behavior of paying credit cards on time -- you want me to be the first one to go out on a limb and loan you money? How do I know I can trust you to pay back the money?"}
{"text": " \"GLD, IAU, and SGOL are three different ETF's that you can invest in if you want to invest in gold without physically owning gold. Purchasing an ETF is just like purchasing a stock, so you're fine on that front.  Another alternative is to buy shares of companies that mine gold. An example of a single company is Randgold Resources (GOLD), and an ETF of mining companies is GDX. There are also some more complex alternatives like Exchange traded notes and futures contracts, but I wouldn't classify those for the \"\"regular person.\"\"  Hope it helps!\""}
{"text": " I'm not in a MLM or anything but I'm a business owner and I'm wondering why people keep saying it's a scam because people lose money? Any opportunity has risk and the ratio of success to fail is pretty similar for normal businesses.   These seem like sales jobs with commission only/exotic compensation plans. It's normal that people fail at this. Are they not compensating people that meet their targets?  At any rate, I feel like the business itself isn't a scam, but a lot of the salespeople are scummy by not really explaining the odds. I also don't like the cult-like vibe I get from some people in those groups."}
{"text": " \"The mortgage has a higher interest rate, how can it make sense to pay off the HELOC first?? As for the mutual fund, it comes down to what returns you are expecting.  If the after-tax return is higher than the mortgage rate then invest, otherwise \"\"invest\"\" in paying down the mortgage.  Note that paying down debt is usually the best investment you have.\""}
{"text": " The prices we pay for goods and services is set by our level of income because we have a huge choice of price levels from luxury to economy class and DIY. This was true of rent and mortgage payments before the real estate bubble. There is still some choice though from a tiny house or trailer to a mansion. None of these are one set demand decided by someone else as with land value tax. Many people like where they live and want to stay there. Those people create a cross generational community. Land and homes must be affordable and we should have as much freedom about what we do with our homes as possible."}
{"text": " No, he's right. Not only about the need to raise cash or capital via the equity markets, but the solvency and regulatory burden banks face.  If there is a run on bank stocks, they will struggle to meet their reserve requirement ratios. This is what has been happening with the French banks over the past several months."}
{"text": " \"I would recommend to draw 25000 from annuity at 10% penalty. Its important to understand that you pay the interest on credit card debt per annum. You pay the penalty on withdrawal from low-yield annuity only once! Imagine that you don't pay your credit card debt for 3 years. It explodes from 25000 to 33116 (more than 8 thousands wasted!)! The average APR of your card debt is (minus for you) 9.82%. That is you pay your penalty each year! I didn't get exactly how your annuity works, but given 1% of \"\"guaranted\"\" effective interest, I wouldn't expect much above it. If you want some kind of mixed solution and gain some time, you could first pay off the card debts #2 and #3, then the APR goes down to (minus for you) 7.24, i.e. that of the card debt #1. However, even in this case you should draw money from annuity at penalty, if you can't pay it down in let's say 1.5 years.\""}
{"text": " Actually, you may even need to contact a professional mould removal service. Should you or a professional monitor discover that you have a mould issue; it is exhorted that you get your concern settled. This is completed by having the mould in your home or business structure removed."}
{"text": " Damn. I was just in AC last Oct for the three Phish shows. Place is a total dump, but Phish always tries it's best to help and bring in a ton of business. Phish, Dave Matthews, and Metallica have all had huge concerts there, but there doesn't seem to be much hope for the city. It's a shame because Boardwalk Hall is one of the best indoor venues I've seen a show in."}
{"text": " This is a big and complex topic, but it's one I think people get wrong a lot.  There's a lot of ways to treat a child's pocket money: Tell a kid that they're getting $10/week allowance.  Help them keep it safe, but don't give them access to it: Put it in a drawer in your office, or a piggie bank on a high shelf.  Encourage them to save up for a big purchase.  Help them decide what to spend it on.  When they find something they want, talk it over with them to make sure it's right for them. This seems like a good approach, because it encourages thrift, long term thinking, savings, and other important elements of real life.  But it's a TERRIBLE idea.  All it does is make the child think of it as if it wasn't really their money.  The child gets no benefits from this, and will certainly not learn anything about savings. Give the kid $10/week.  Full stop. This seems like a bad idea, because the kid is just going to waste it.  Which they will.  :)  That's the point!  There's NO way to learn except by experience. Try and shift control of discretionary spending to the child as and when appropriate.  Give them some money for clothes, or a present for their birthday, and let them spend it.  If they're going to be spending all day at some event, give them money for lunch.  And if they misspend it - tough!  No kid is going to starve in one day because the spend their lunch money at a video arcade, but they will learn a valuable lesson.  :) You have to be careful here of two mistakes.  First, only do this for truly discretionary spending.  If your kid needs clothes for school, then you better make sure they actually buy it.  Second, make sure that you don't end up filling in the gaps.  What you're teaching here is opportunity costs, and that won't work if your child gets to have his cake and eat it too.  (Or go to the movies and STILL get that new Xbox game.) Have them get a job.  And, it should go without saying, give them control of the money.  It's incredibly tempting to force them to save, be responsible, etc.  But all this does is force them to look responsible...for as long as their under your thumb.  Nothing will impart the lessons about why being responsible is important like being irresponsible.  And it's sure as hell better to learn that lesson with some paper route money when your 14 than with your rent money when your 24..."}
{"text": " If you are searching for a country home or a new homes in    Renton WA just a few hours from Washington, 1000 First Street is a wise choice. Datta Homes is one of the top real estate agent, providing exceptional real estate service in Washington, based on the highest standard of ethics."}
{"text": " Kuala Lumpur 26 June 2014, Axiata Group Berhad (Axiata) continued to gain momentum in the industry, taking top honours again at the Frost &amp; Sullivan\u2019s 2014 Asia Pacific ICT Award.  Axiata won the Best Telecom Group of the Year, for the 6th consecutive year.  This prestigious award is granted to the operator with a presence in at least 4 Asia Pacific markets that has shown exemplary growth and performance in 2013 in Asia Pacific through its investments in the region. Axiata Group also took home three awards in total with XL Axiata winning the Most Innovative Telecom Service Provider of the Year and Dialog Axiata was voted Best Emerging Market Service Provider of the Year.      To qualify for the Telecom Group of the Year category companies were studied on their growth and performance in 2013 in Asia Pacific through its investments in the region. Companies were studied on their revenues, product/service innovation, capabilities, subscriber growth and strength of regional footprint as well as overall contribution to the industry. As the group transformed its business by aligning itself with changing consumer preferences and technological advancements, the panel of judges was convinced with Axiata\u2019s all-round performance.     Dato\u2019 Sri Jamaludin Ibrahim, President and Chief Executive Officer of Axiata said \u201cWe are greatly honoured by the awards especially given the caliber of other players in the category. I thank the judges and Frost &amp; Sullivan for the recognition. The award reflects the great team that we have with us and is really a collective victory to be fully shared with all our employees across the group. It has been a tremendous five years for Axiata and this award is testament to that.\u201d     Serene Chan, Senior Industry Analyst, Asia Pacific ICT Practice, Frost &amp; Sullivan said, \u201cDuring CY2013, Axiata Group successfully adapted to the changing needs of customers, and as a result observed the highest subscriber growth among all telecom groups in the Asia Pacific region. Group\u2019s proportional subscribers grew by 22%, and proportional revenues grew by 5.6% at constant currency. It also showcased the highest operational profitability in the region by delivering EBITDA margin of 38.4%.     Most of its subsidiaries and associates improved their competitiveness and outshone their peers on most of the operational metrics. Robi, Dialog, Smart and Idea Cellular in particular showcased exemplary performance in their operating countries. The group continues to transform itself by aligning with changing consumer preferences and technological advancements, through several strategic initiatives and investments, and is continuously progressing towards its strategic vision to be the regional champion by 2015.\u201d     \u201cThe awards are an acknowledgement of the continued success of our operating companies in the region as well as an acknowledgement of the Group\u2019s progress towards its regional ambitions. I am very happy to see XL and Dialog being recognized and I would like to congratulate all XL and Dialog employees.  A special mention must be made in particular to Pak Hasnul Suhaimi and Dr Hans, for their very able leadership\u201d Dato\u2019 Sri Jamaludin Ibrahim concluded.     **ABOUT AXIATA**     Axiata is one of the largest Asian telecommunications companies. Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia with significant strategic stakes in India and Singapore. In addition, the Malaysian grown holding company has stakes in non-mobile telecommunication operations in Thailand and Pakistan.     The Group\u2019s mobile subsidiaries and associates operate under the brand name \u2018Celcom\u2019 in Malaysia, \u2018XL\u2019 in Indonesia, \u2018Dialog\u2019 in Sri Lanka, \u2018Robi\u2019 in Bangladesh, \u2018Smart\u2019 in Cambodia, \u2018Idea\u2019 in India and \u2018M1\u2019 in Singapore.     The Group, including its subsidiaries and associates, has over 250 million mobile subscribers in Asia. The Group revenue for 2013 was USD5.8 billion. The Group provides employment to over 20,000 people across Asia. Axiata\u2019s vision is to be a regional champion by 2015 by piecing together the best throughout the region in connectivity, technology and talent, uniting them towards a single goal: Advancing Asia.     Axiata was awarded the Frost &amp; Sullivan 2009, 2010, 2011, 2012 and 2013 Asia Pacific ICT Award for Best Telecom Group and the Telecom Asia Best Regional Mobile Group 2010 and 2011 for its operations in multiple Asian markets.     **For further information on Axiata visit:**    [http://www.ranker.com/list/the-jakarta-globe-xl-axiata-axis-capital-group-merger-plans/abbyditter](http://www.ranker.com/list/the-jakarta-globe-xl-axiata-axis-capital-group-merger-plans/abbyditter)"}
{"text": " &gt;We collectively agree that a dollar has a certain value. That's it. We believe in money. Welcome to the collective delusion of fiat currency.  You mean 12 richest families in charge of FED make you think it has value? Once you realize this, you'll soon understand how is US's everlasting involvement in (provoking) wars across the globe financed, where from, and most importantly why. Once other nations exclude US dollar as a valid currency (India, Russia and China have already), US dollar is going to be less and less valuable until it's worth nothing (as it actually is all along as it has no leverage). Maybe we better rebel against an inevitable doom of US economy now when you can actually use it to buy other commodities than wait to use them as firestarters 10-20 years down the road."}
{"text": " Economically it doesn't make much difference, but I like to control the account because I can adjust the amount I put aide each month based on the new tax rates that come out each spring. This allow me finer control. I also know that the bills have been paid, I had one lender years ago that failed to pay the property tax bill, I had to end the money in to the county, and then pend months fighting the lender to get the money back. Now I avoid escrow accounts.  The money being collected by the mortgage servicing company for property taxes and property insurance goes into a separate account. The company insists on handling the funds to make sure that these bills are paid on time, thus protecting their investment. The failure to pay the taxes leaves the property subject to forfeiture via tax lien.  The failure to pay property insurance leaves the house unprotected if there is a fire or other incident. You can avoid the use of an escrow  account if you have enough equity in the account. Some lenders ask for you to provide proof of payment each year if you are going to pay it yourself.  At the end of each year the servicing company will provide you with an accounting for interest on the loan, and the amount of money spent on taxes and insurance. Also expect that they will make adjustments to the monthly withholding based on estimated increases for taxes and insurance.  Depending on your financial situation the interest, taxes may be included on Schedule A. If you have a rental property the interest, taxes and insurance are considered expenses that you can write off. The biggest issue with escrow accounts is that the company can have a buffer built in to protect them from unexpected increases. Many people view the calculation of the buffer a confusing and feel that they are overpaying.  If you want to avoid the escrow account you should make sure that each month you put the money into a separate account so that when the property tax bill is due you can pay it on time. When savings accounts earned significant interest it was possible to make a little money in the deal, but that hasn't been true for the last few years."}
{"text": " \"It means that at the end of each month, the APY, divided by 365 (366 for leap years) is multiplied by your account's ending balance on each day of that month, then those interest amounts are summed up and paid out. It's exactly equivalent to the \"\"Average Daily Balance\"\" method; at the end of each month, the balance of your account on each day is summed, divided by the number of days in the month, then that number is multiplied by the APY / 365 * (number of days in the month). If you write out all these terms and simplify, you'll find the two boil down to exactly the same calculation being performed in different order (possibly with differing potential for rounding error). The only difference between them is whether the daily interest percentage is distributed to each daily balance or applied to the sum, and whether there's an additional redundant pair of steps of dividing and then multiplying by the number of days in the month.\""}
{"text": " Typically one wants to see a credit score, just because you may have money in the bank and decent income does not mean your going to pay, there are plenty of people who have the money but simply refuse to cough it up. Credit is simply a relative way of seeing where one fits against another in a larger group, it shows that this person not only can pay, but does pay. While not having a credit history should make no difference, I can and hopefully easily posited above why it can be necessary to have one. Not all landlords will require a credit check, I was not required to give one, I did not have much credit to begin with, given that, I was forced to cough up a higher degree of a security deposit."}
{"text": " Saw a user in another thread that thought his wealthy grandparents stayed rich because they didn't eat out a lot and kept a budget for basic expenses.  It definitely wasn't their generational wealth and vast real estate holdings."}
{"text": " it's just a passthrough security essentially.  sofi packages a bunch of loans, refinances them for the student, and you invest in sofi corporate debt as they pass through the returns on the loan to you in the form of bond cpns.  i mean its not exactly the same, but its pretty close"}
{"text": " \"Do some homework to determine what is really a fair price for the house.  Zillow helps.  County tax records help, including last sale price and mortgage, if any (yes, it's public).  Start at the low end of fair. Don't rely on the Realtor.  He gets paid only if a sale occurs, and he's already coaxing you closer to a paycheck.  He might be right with the numbers, though, so check for yourself. When you get within a thousand or two of acceptance, \"\"shut up\"\".  I don't mean that in a rude way.  A negotiating class I took taught me how effective silence can be, at the right time.  The other side knows you're close and the highest you've offered.  If they would be willing to find a way to come down to that, this is the time.  The awkward silence is surprisingly effective.\""}
{"text": " You should probably consult an attorney. However, if the owner was a corporation/LLC and it has been officially dissolved, you can provide an evidence of that from your State's department of State/Corporations to show that their request is unfeasible. If the owner was a sole-proprietor, then that may be harder as you'll need to track the person down and have him close the plan."}
{"text": " I'm going out on a limb and calling bullshit.  Here's a fact: Reddit has never turned a profit. And how will it? Unless you put up ads, or allow MANY more sponsored posts (a la Twitter), it's very difficult to see a monetization strategy for this site. Heck, most reddit users are offended at the very suggestion that reddit might be used - **gasp** to make *money.*"}
{"text": " Many factors really. No loans but my HOA is $240 per month. Car is $292. I keep having my bikes stolen (mine twice and girlfriend's once within the past 4 months). I hit a pothole and tore a hole in my oil pan last week, AC broke a few months ago in my condo. I just can't get ahead but I'm hopeful."}
{"text": " Yup, 7 figure seller myself. That's why everything possible goes fba anyway. Ain't nobody got time to deal with customers anyway, who can compete on that, especially with Amazon. It's not that the customer is always right, it's just easier most of the time to treat them like they are and move on. If customer issues are a significant part of your business, or can cause that much damage, you shouldn't be in this business."}
{"text": " \"I'm assuming that you're in the US.  In that case, the answer is that it depends on how your company set up its reimbursement plan.  The IRS recognizes \"\"accountable\"\" and \"\"nonaccountable\"\" plans.  Accountable plans have to meet certain requirements.  Anything else is nonaccountable.  If you are reimbursed according to an accountable plan, this is not income and should not be reported to the IRS at all.  If you are reimbursed under a nonaccountable plan, then this is income but you might be able to get a deduction on your tax return if you itemize. Most established companies have accountable plans for normal business expenses. More detail from IRS: http://www.tax.gov/TaxabilityCertainFringeBenefits/pdf/Accountable_v_Nonaccountable_Plans_Methods_of_Reimbursing_Employees_for_Expense.pdf\""}
{"text": " \"The most unique way to celebrate Friendship Day would be hold a gathering for your favorate images,quotes,hd wallpapers,messages,pics,photos and many more... Be that as it may, this thought needs a touch of arranging and exertion as you have to choose where to post(facebook,whatssapp,twitter,instagrame etc..) Once that is done, ring your pals and simply have your indulgence !  &lt;a href=\"\"http://www.friendshipdayimage.com/best-150-happy-friendship-day-2017-images-wallpapers-photos-whatsapp-dps/\"\" rel=\"\"dofollow\"\"&gt;happy friendship day images&lt;/a&gt;  &lt;a href=\"\"http://www.friendshipdayimage.com/best-150-happy-friendship-day-2017-images-wallpapers-photos-whatsapp-dps/\"\" rel=\"\"dofollow\"\"&gt;happy friendship day 2017&lt;/a&gt;  &lt;a href=\"\"http://www.friendshipdayimage.com/best-150-happy-friendship-day-2017-images-wallpapers-photos-whatsapp-dps/\"\" rel=\"\"dofollow\"\"&gt;friendship day quotes &lt;/a&gt;  &lt;a href=\"\"http://www.friendshipdayimage.com/best-150-happy-friendship-day-2017-images-wallpapers-photos-whatsapp-dps/\"\" rel=\"\"dofollow\"\"&gt;happy friendship day quotes&lt;/a&gt;   &lt;a href=\"\"http://www.friendshipdayimage.com/best-150-happy-friendship-day-2017-images-wallpapers-photos-whatsapp-dps/\"\" rel=\"\"dofollow\"\"&gt;friendship images with quotes &lt;/a&gt;  &lt;a href=\"\"http://www.friendshipdayimage.com/best-150-happy-friendship-day-2017-images-wallpapers-photos-whatsapp-dps/\"\" rel=\"\"dofollow\"\"&gt;friendship day messages &lt;/a&gt;  &lt;a href=\"\"http://www.friendshipdayimage.com/best-150-happy-friendship-day-2017-images-wallpapers-photos-whatsapp-dps/\"\" rel=\"\"dofollow\"\"&gt;friendship day wishes &lt;/a&gt;  &lt;a href=\"\"http://www.friendshipdayimage.com/best-150-happy-friendship-day-2017-images-wallpapers-photos-whatsapp-dps/\"\" rel=\"\"dofollow\"\"&gt;happy friendship day message &lt;/a&gt;  &lt;a href=\"\"http://www.friendshipdayimage.com/best-150-happy-friendship-day-2017-images-wallpapers-photos-whatsapp-dps/\"\" rel=\"\"dofollow\"\"&gt;friendship day status &lt;/a&gt;\""}
{"text": " Neither of those links disagree with me to be honest. And the first one seems conservative relative to other reporting.  &gt; I mean yes, you\u2019re all there together, but if you and I are doing ostensibly the same (and possibly dangerous) work, you\u2019re getting rich and I\u2019m not\u2026.  I was once in their place too (presuming we are talking about military). They know that. Any anger I have seen from military people is from either senior enlisted (who are mad that they didn't get out and make a better life for themselves) - and senior enlisted are lower on the totem pole than security contractors so no one gives a fuck about their gripes - and some officers. The best part about being on the top of the security contractor food chain is that you worked for the State Department so you could be openly shitty to military people who copped an attitude of any sort.  &gt;Strange also that taxpayers don\u2019t care more about this, although\u2026.perhaps not. The amount of bullshit is just too overwhelming.  I'm not sure there's a lot to care about. If you asked a random person if they would be willing to go through 4-8 years of military to have a potential shot at getting a job that pays like that one did, but it's in the most violent city on Earth, I imagine they would answer with a resounding no.  &gt;Sounds like you could tell lets of stories about the women, though I\u2019m not sure I want to hear them after a good lunch, and I\u2019m pretty sure you don\u2019t want to remember.  Good choice."}
{"text": " \"Pete and Noah addressed the math, showing how this is, in effect, converting a 30yr to a ~23yr mortgage, at a cost, plus payment about 8% higher (1 extra payment per year). No magic there. The real issue, as I see it, is whether this is the best use of the money. Keep in mind, once you pay extra principal, which in effect is exactly what this is, it's not easy to get it back. As long as you have any mortgage at all, you have the need for liquidity, enough to pay your mortgage, tax, utilities, etc, if you find yourself between jobs or to get through any short term crisis.  I've seen people choose the \"\"sure thing\"\" prepayment VS the \"\"risky\"\" 401(k) deposit. Ignoring a match is passing up a 50% or 100% return in most cases. Too good to pass up.  2 points to add - I avoided the further tangent of the tax benefit of IRA/401(k) deposits. It's too long a discussion, today's rate for the money saved, vs the rate on withdrawal. Worth considering, but not part of my answer. The other discussion I avoid is Nicholas' thoughts on the long term market return of 10% vs today's ~4% mortgage rate. This has been debated elsewhere and morphs into a \"\"pre-pay vs invest\"\" question.\""}
{"text": " The PriceCheck app is capable of doing the search by taking a picture of the product or speaking the product name, which isn't an option on the Amazon App as far as I'm aware.  But it's funny that you mention that they are the same app, because amazon also has a Amazon Student app which does the **EXACT** same thing as the regular app. I just use it because it has a better interface IMO."}
{"text": " First priority is to set up an emergency fund of 6 months expenses. If you're going to be making ~30k a year, then that means you'll probably want to put away about 10k of it in a savings account or something else similarly liquid.  After that, paying off your student loans probably makes the most sense depending on the rate. My general rule of thumb (and I'm sure others will disagree with me) is to pay off debts that are >=6.0% first before investing. Paying off debt is a risk-free return on your money, which makes it pretty valuable. It'll let you direct more of your monthly income into retirement savings, too. After that, open up a Roth IRA.  You can put a maximum of $5500 in it for this year.  I like Betterment, but Wealthfront has a similar service."}
{"text": " Hardcore conservative libertarians are also called [Minarchists](https://en.wikipedia.org/wiki/Minarchism). A lot of Ron Paul fans hold to this ideology.   *This idea that the government has services or goods that they can pass on is a complete farce. Governments have nothing. They can't create anything, they never have.* - Ron Paul.  Also this: http://politicaloutcast.com/2012/07/governments-dont-make-wealth-they-just-take-yours/  And further research shows that the Cato Institute has this position.   *increasing government spending will damage the economy.* - http://www.cato.org/publications/commentary/vote-higher-taxes-now-regret-it-later"}
{"text": " Itunes U has some really good online classes on economics. And as with a lot of things check out Khanacademy.org. He has a whole financial section of really well made videos.   Good books to read regarding the financial crisis are The Big Short by Lewis and Too Big To Fail by Sorkin."}
{"text": " Wireless issues?  Did you tell your wireless router to stay only on channel 11 or did Apple finally fix that?  People like their Apples, and I've seen many, many people switch to avoid the continual headaches dished out by Microsoft--at quite a hefty premium."}
{"text": " I was actually being helpful. Your marijuana and Quaalude induced screed is likely to be better received there than anywhere else. Of course, now that you've opened your mouth again and failed to push a coherent sentence out of it, you'd probably be best served by giving your mom back the computer and washing up for dinner like she asked you to."}
{"text": " \"Discounting premiums based on some past history is not unique to auto policies.  Other insurers will discount premiums based on past claims history they just don't shout about it as a marketing means to attract customers.  Life insurance is underwritten based on your health history; if you want to consider your \"\"preferred\"\" underwriting status based on your clear health history a \"\"discount based on your healthy habits\"\" you're free to do so.  All sorts of lines of insurance use all sorts of things to determine an underwriting classes.  The fact that auto insurers trumpet specific discounts does not mean the same net effect is not available on other lines of coverage. Most states require auto rates and discounts to be filed and approved with some state regulator, some regulatory bodies even require that certain discounts exist.  You could likely negotiate with your business insurance underwriters about a better rate and if the underwriters saw fit they could give you a discount.  Auto insurers can offer discounts but are generally beholden to whatever rate sheet is on file with the applicable regulatory body. For the person who downvoted, here's a link to a spreadsheet outlining one of the CA department of insurance allowable rating factor sheets related to auto insurance.\""}
{"text": " Another way of explaining the puzzling balance: Right after a particular bill is paid, you have $0 saved to pay that bill the next time.  Just before the bill is next due, you wisely have the whole amount saved;  that's the purpose of the whole process.  So, for that bill, on average over time, you'll have one-half that upcoming bill in the account. But the same argument holds for every one of the upcoming bills.  So, for a large number of bills, with varying sizes and times between occurrence, the average amount in the account will be approximately one-half of the total amount of all the bills that you're saving for."}
{"text": " Not really an answer, but too long for a comment: Since anyone can create their own cryptocurrency (see  http://www.bitclone.net/) the value of new cryptocurrencies is very  small. According to https://bleutrade.com/exchange/MINT/USD for  example, 100,000 mintcoins is worth less than $1. Even if they give  you 20% interest, that interest is on mintcoins, not dollars. If the  mintcoin rates falls by more than 20%, you would've been better off  withdrawing your mintcoins immediately. Check to see how much they pay  for various tasks and compare it to the current exchange rate. Realize  the exchange rate may go down as more mintcoins are created."}
{"text": " \"Corporate restructuring makes everything a flux, so you might as well revisit some core fundamental questions. Here's how to do this professionally: Start floating your CV now. Line up interviews in competing companies. Attend to them. Score a job offer, and have it put into writing, with exact salary, which should be at least 10%++ of your current one. Take a clear empty page, and write on top: \"\"Business value provided\"\". Put down your major contributions, and achievements. Wherever possible, put the company's expected dollar value near to it. For bonus points, sum it up on the bottom, and minus your current salary. Difference is \"\"Profit provided directly to the company's bottom line\"\". Float this to your manager's desk. At this position, you have only one fundamental question to your boss: \"\"match or pass?\"\" :) A corporate spin-off is a good time to do this: 1, to ensure, that your position will not be made redundant; 2, if it is, you have a backup plan. If the parent company's \"\"getting rid of you\"\", however, there are even more fundamental questions you might want to ask yourself: is this really a profitable division, or merely a loss leader? Does this company have a future, and the adequate growing options for you, personally?  To answer these questions, you must have an opportunity cost estimation; and for that, you must have second (and preferably, third) options -hence, the strategy above. To conclude, the best time to do your job research is every other month; and the best time to ask for a raise is always now :) Good luck!\""}
{"text": " Desire to work.? Yep everyone has a desire to earn more money, too many will not even try to. Just a great way to strip away human dignity. You citizens, you mean nothing to the world now shut up &amp; listen to us rich government bureaucrats. You owe us."}
{"text": " \"1099's and other official tax forms are often reported to the IRS by the issuer, whether or not you include a copy in your return. You should not neglect to include this income in your 2016 return in an attempt to balance out the two tax years. It's up to you whether or not you feel like filing an amended 2015 return to recover over-payment of taxes from that tax year. You have up to three years to amend tax returns using form 1040X. Since you couldn't have furnished a 1099 for this when you filed your 2015 return (otherwise you wouldn't be in receipt of it for tax year 2016), I'm assuming you reported it simply as \"\"Other Income\"\" and therefore would have been [over] taxed your marginal rate on it. From irs.gov: When to amend a return.  You should file an amended return if you need to correct your filing status, number of dependents, total income, tax deductions or tax credits. The instructions for Form 1040X, Amended U.S. Individual Income Tax Return, list additional reasons to amend a return.\""}
{"text": " Perhaps your company is trying to save money or you\u2019re trying to meet some other goal, such as lowering volatile organic compound emissions, gaining LEED points for certification, or just plain being eco-friendly\u2014whatever the case, the time has come find someone to work with."}
{"text": " \"If I understand correctly, the Traditional IRA, if you have 401k with an employer already, has the following features: Actually, #1 and #2 are characteristics of Roth IRAs, not Traditional IRAs. Only #3 is a characteristic of a Traditional IRA. Whether you have a 401(k) with your employer or not makes absolutely no difference in how your IRAs are taxed for the vast majority of people. (The rules for IRAs are different if you have a very high income, though). You're allowed to have and contribute to both kinds of accounts. (In fact, I personally have both). Traditional IRAs are tax deferred (not tax-free as people sometimes mistakenly call them - they're very different), meaning that you don't have to pay taxes on the contributions or profits you make inside the account (e.g. from dividends, interest, profits from stock you sell, etc.). Rather, you pay taxes on any money you withdraw. For Roth IRAs, the contributions are taxed, but you never have to pay taxes on the money inside the account again. That means that any money you get over and above the contributions (e.g. through interest, trading profits, dividends, etc.) are genuinely tax-free. Also, if you leave any of the money to people, they don't have to pay any taxes, either. Important point: There are no tax-free retirement accounts in the U.S. The distinction between different kinds of IRAs basically boils down to \"\"pay now or pay later.\"\" Many people make expensive mistakes in their retirement strategy by not understanding that point. Please note that this applies equally to Traditional and Roth 401(k)s as well. You can have Roth 401(k)s and Traditional 401(k)s just like you can have Roth IRAs and Traditional IRAs. The same terminology and logic applies to both kinds of accounts. As far as I know, there aren't major differences tax-wise between them, with two exceptions - you're allowed to contribute more money to a 401(k) per year, and you're allowed to have a 401(k) even if you have a high income. (By way of contrast, people with very high incomes generally aren't allowed to open IRAs). A primary advantage of a Traditional IRA is that you can (in theory, at least) afford to contribute more money to it due to the tax break you're getting. Also, you can defer taxes on any profits you make (e.g. through dividends or selling stock at a profit), so you can grow your money faster.\""}
{"text": " The Lotto Playing To Win is a part of based association to induce the interests of the state-approved lottery. Our vision is perceived as the worldwide specialist in the lottery business, to maintain the most surprising moral standards. Global lottery sales ascended by 7% to $275 billion a year ago. Lotto, an entertainment where individuals pick numbers to coordinate those drawn, is the world's most mainstream types of lottery. Diversions of chance are unsafe, yet as a wellspring of income, they are an easy win."}
{"text": " Gosh, I don't know, maybe emergencies or unforeseen expenses like a car repair or maybe even just discretionary $ where you can buy new eyeglasses/frames or, get the fuck outta here, this is going to blow your mind, be impulsive and get on a plane and book a hotel for  3 or 4 days?  Let me guess, your answer to all that is charge it! And since you don't keep $1k in savings pay the minimum balance.  Also:  * https://meetbeam.com/ * https://www.ally.com/bank/savings-account-rates/ * https://www.synchronybank.com/banking/high-yield-savings/"}
{"text": " Hopefully it gets past the fcc review I'm sure VZW and AT&amp;T will lobby hard against this.  Also I hope they don't add bandwidth caps.  I'm grandfathered in with VZW and their new pricing model looks terrible to me."}
{"text": " First I'd like to echo msemack's answer. Start by maxing out your 401K and IRA contributions. Not a lot of people just starting their career have the luxury of doing much more outside of that. Here are some additional tips that I learned when I was just getting started:"}
{"text": " By in combination with fiat I mean we will continue to use sterling or dollars in society along with Bitcoin perhaps for online purchases exclusively, as an example. Many people here advocate for a society that would only use cryptocurrency as money.   Cryptocurrency, specifically Bitcoin, is unlike fiat currency firstly because it is not backed by a government, it's in the ether so to speak, it proves its own value intrinsically. No central authority decides on the actions to take in regard to the currency.   Other characteristics that separate Bitcoin from fiat are its inability to be inflated, it's finite nature, there will only ever be x amount of bitcoins - it is deflationary by nature of the algorithm. Central authorities can devalue their fiat currency through financial instruments like inflation and controlling the production (quantitative easing). This isn't true of all crypto currencies like dogecoin and maybe ETH"}
{"text": " In short. A fiat currency is money that has value only because (usually) a government says it does.  A counter example (non-fiat currency) is a gold coin that has intrinsic value usually because it is made of valuable materials that people would trade goods/services. That is the value comes from what you are holding more than what it represents."}
{"text": " Google finance will allow you to import earnings report dates directly to your Google calendar. See screenshot with calendar import button circled in red below."}
{"text": " It is allowed to transfer money between ISAs however you like in one year.  It does not count against the limit for how much you can pay into an ISA in a year, nor does it count as paying into two ISAs in the same year.  But make sure you transfer the money.  Don't withdraw it, then pay it into a new ISA. If your provider doesn't like you taking money out of one ISA while keeping another, then it's about time you found another provider."}
{"text": " \"Most well-off people have investments which they have held for long periods of time, often of very substantial value such as a large part of a company.  They also have influence on legislators and officials through various social contacts, lobbyists, and contributions.  They managed to convince these law makers to offer a lower tax on income derived from sales of such investments.  The fig leaf covering this arrangement is that it \"\"contributes to the growth of economy by encouraging long-term investment in new enterprises.\"\"\""}
{"text": " \"This is an answer grounded in reality, not advice. Most states have no means of enforcing their foreign business entity registration statutes. Some states never even codified consequences. (California is a notable exception.). Some states have 'business licenses' that you need in order to defend your entity in court, but will retroactively apply the corporate veil when you get the license. The \"\"do I have to register\"\" question is analogous to asking a barber if you need a haircut. But this doesn't absolve you of looking in the mirror (doing your research). Registration and INCOME taxes are different stories. If a state calls their fee a franchise tax and it is applicable and there are real consequences for not, then you will have to pay that tax. Anyway, this isn't advocating breaking the law, but since it describes ignoring toothless state-chartered agencies, then there are people that will disagree with this post, despite being in line with business climate in the United States. Hope that helps\""}
{"text": " This is what your car loan would look like if you paid it off in 14 months at the existing 2.94% rate: You'll pay a total of about $277 in interest.   If you do a balance transfer of the $10,000 at 3% it'll cost you $300 up front, and your payment on the remaining $5,000 will be $363.74 to pay it off in the 14 month period.  Your total monthly payment will be $1,099.45; $5,000 amortized at 2.94% for 14 months plus $10,300 divided by 14. ($363.74 + 735.71).  Your interest will be about $392, $300 from the balance transfer and $92 from the remaining $5,000 on the car loan at 2.94%. Even if your lender doesn't credit your additional payment to principal and instead simply credits future payments, you'd still be done in 15 months with a total interest expense of about $447.  So this additional administration and additional loan will save you maybe about $55 over 14 or 15 months."}
{"text": " (Note: The OP does not state whether the employer-sponsored retirement savings are pre-tax or post-tax (such as a Roth 401(k)). The following answer assumes the more common case of a pre-tax plan.) This is a bad idea, IMHO. IRS Pub 970 lists exceptions to the 10% early withdrawal penalty for educational expenses. This doesn't include, as far as I can tell, student loan payments. So withdrawing from your retirement account would incur both income tax and penalties. Even if there were an exception, you'd still have to pay income taxes, which, depending on the amount and your income, could be at a higher marginal rate than you are currently paying.  If you really want the debt gone as soon as possible, why not reduce the amount you contribute to the retirement plan (but not below the amount that gets you the maximum employer match) and use that money to increase your monthly payments to the student loan? Note that, if you do this, you will pay taxes on income that would have been tax-deferred in order to save money on interest, so there's still a trade-off. (One more thing: rather than rolling over to your new company's plan, you could roll over to a self-directed Traditional IRA.)"}
{"text": " \"They have trillions in assets and hundreds of billions of equity and nearly 100 billion in yearly operating revenue.  These are not \"\"pay up now, in full\"\" either. As with all other fines, there is a \"\"payment plan\"\" option.   50B is nothing to sneeze at, but it's a storm BoA can easily weather.\""}
{"text": " \"You promised to pay the loan if he didn't.  That was a commitment, and I recommend \"\"owning\"\" your choice and following it through to its conclusion, even if you never do that again.  TLDR: You made a mistake: own it, keep your word, and embrace the lesson.  Why?  Because you keep your promises.  (Nevermind that this is a rare time where your answer will be directly recorded, in your credit report.) This isn't moralism. I see this as a \"\"defining moment\"\" in a long game: 10 years down the road I'd like you to be wise, confident and unafraid in financial matters, with a healthy (if distant) relationship with our somewhat corrupt financial system.  I know austerity stinks, but having a strong financial life will bring you a lot more money in the long run. Many are leaping to the conclusions that this is an \"\"EX-friend\"\" who did this deliberately.  Don't assume this. For instance, it's quite possible your friend sold the (car?) at a dealer, who failed to pay off this note, or did and the lender botched the paperwork.  And when the collector called, he told them that, thinking the collector would fix it, which they don't do. The point is, you don't know: your friend may be an innocent party here.  Creditors generally don't report late payments to the credit bureaus until they're 30 days late.  But as a co-signer, you're in a bad spot: you're liable for the payments, but they don't send you a bill.  So when you hear about it, it's already nearly 30 days late.  You don't get any extra grace period as a co-signer. So you need to make a payment right away to keep that from going 30 late, or if it's already 30 late, to keep it from going any later.   If it is later determined that it was not necessary for you to make those payments, the lender should give them back to you.  A less reputable lender may resist, and you may have to threaten small claims court, which is a great expense to them. Cheaper to pay you.  They say France is the nation of love. They say America is the nation of commerce.  So it's not surprising that here, people are quick to burn a lasting friendship over a temporary financial issue.  Just saying, that isn't necessarily the right answer.  I don't know about you, but my friends all have warts.  Nobody's perfect.  Financial issues are just another kind of wart.  And financial life in America is hard, because we let commerce run amok.  And because our obsession with it makes it a \"\"loaded\"\" issue and thus hard to talk about.  Perhaps your friend is in trouble but the actual villain is a predatory lender.  Point is, the friendship may be more important than this temporary adversity.  The right answer may be to come together and figure out how to make it work.  Yes, it's also possible he's a human leech who hops from person to person, charming them into cosigning for him. But to assume that right out of the gate is a bit silly.  The first question I'd ask is \"\"where's the car?\"\" (If it's a car). Many lenders, especially those who loan to poor credit risks, put trackers in the car.  They can tell you where it is, or at least, where it was last seen when the tracker stopped working.  If that is a car dealer's lot, for instance, that would be very informative.   Simply reaching out to the lender may get things moving, if there's just a paperwork issue behind this.  Many people deal with life troubles by fleeing: they dread picking up the phone, they fearfully throw summons in the trash.  This is a terrifying and miserable way to deal with such a situation.  They learn nothing, and it's pure suffering.   I prefer and recommend the opposite: turn into it, deal with it head-on, get ahead of it.   Ask questions, google things, read, become an expert on the thing. Be the one calling the lender, not the other way round.  This way it becomes a technical learning experience that's interesting and fun for you, and the lender is dreading your calls instead of the other way 'round.  I've been sued.  It sucked.  But I took it on boldly, and and actually led the fight and strategy (albeit with counsel).  And turned it around so he wound up paying my legal bills.  HA!  With that precious experience, I know exactly what to do... I don't fear being sued, or if absolutely necessary, suing.   You might as well get the best financial education.  You're paying the tuition!\""}
{"text": " According to this http://shine.yahoo.com/event/financiallyfit/cheapest-days-to-shop-online-2301854/ Tuesday is the best day of the week to buy men's apparel."}
{"text": " \"Assuming the numbers you gave are forecasted 2013 annual income, you should really use an average and give the lender 1 number, as long as you can provide documentation to back it up. Lenders aren't as sophisticated as considering your monthly income fluctuations into their underwriting algorithm.  If you're not tied down to your existing lender, I highly recommend you to shop around. There isn't an \"\"universal lending requirement\"\". You'll be surprised at how flexible they are. Not as a recommendation to get around the rules, but just finding a lender that'll work with your situation. Try personal finance forums such as FatWallet or Slickdeal to find low-cost lenders: http://goo.gl/vIojT\""}
{"text": " \"The Roth vs not debate is irrelevant to the question. It doesn't matter where your emergency fund is kept, as long as it is liquid and safe. I said it before in an answer to another question: your emergency fund is not an investment -- it's your safety net This answer also says it well: an \"\"emergency fund\"\" is just that... for emergencies... NOT investment. While it \"\"hurts\"\" not to have your emergency money making more money... its MORE IMPORTANT to have quick access to it. So at TD Ameritrade, just park it in their FDIC deposit account. It will not earn any meaningful interest (at least until rates rise), but you'll be able to have access to it when you need it. Note that I would caution against putting it in a money market mutual fund. They're safer than many other investments, but they're not FDIC insured against loss and there is a potential for temporary loss of liquidity. In late 2008 when the credit markets collapsed, a lot of people suddenly became unemployed -- and needed access to their emergency funds. When Lehman Brothers went bust in September, the Reserve Primary Fund (with billions of dollars in their fund) \"\"broke the buck\"\" -- they lowered the price of shares below $1, meaning investors lost principal. The worst part is that investors were not as liquid as they wanted to be: the fund froze and it was hard to get money out. The lesson to take away from this is that one of the times you're likely to need access to your emergency fund is during a macroeconomic crisis. This is also the time when any investment that isn't guaranteed safe may potentially be (at least temporarily) unavailable or decline in value. Emergency funds should be 100% government insured. When you have your Roth funded to the point where there's extra money beyond the emergency fund, you can start investing in higher-yielding vehicles: stock or bond index ETFs would be a good start. But then that part of your Roth starts to look like a retirement account and not an emergency fund. If it were me, I'd open a Roth at a stable local bank and just keep it in their FDIC insured money market deposit account. Then if I wanted a slight boost, I might put the \"\"upper half\"\" of my emergency fund into short term CDs, but even CDs aren't worth much at the moment.\""}
{"text": " The 1.140924% is calculated by taking 13.69%/12 = 1.140924%. Dividing this number by 100 gives you the answer 1.140924 / 100 = .01140924. When dealing with decimals it's important to remember the relationship between a decimal and a percent. 1% = .01 To return .01 to a percent you must multiple that number by 100.  So .01 x 100 = 1% In order to get a decimal from a percent, which is what is used in calculations, you must divide by 100. So, here if we are trying to calculate how much interest you are paying each month we can do this: 9800 * .1369 = $1341.62 (interest you will pay that year IF the principal balance never changed) 1341.62 / 12 = ~111.81 Now, month two 9578.34 * .1369 = 1311.274746 1311.274746 / 12 = 109.28 In order to get your monthly payments (which won't change) for the life of the loan, you can use this formula: Monthly payment = r(PV) / (1-(1+r)^-n) Where:  r= Interest Rate (remember if calculating monthly to do .1369/12) PV= Present Value of loan n=time of loan ( in your case 36 since we are talking monthly and 12*3 = 36) from here we get: [(.1369/12)*9800]/(1-(1+.1369/12)^-36) = $333.467 when rounding is $333.47 As far as actual applied interest rate, I'm not even sure what that number is, but I would like to know once you figure out, since the interest rate you're being charged is most definitely 13.69%."}
{"text": " \"I work for an international real estate consulting firm in Shanghai. After graduation I worked in their Research Department for two years before switching to Commercial Brokerage 3 months ago.  Since my background was in Economics, I had to learn a lot about how the industry worked. I found this book to be very helpful:  \"\"Commercial Real Estate Analysis &amp; Investments\"\" by David Geltner.  I will admit that it's probably more than what you want to know, but it seriously gives an in depth breakdown of the entire industry.   About one year into starting, a major Real Estate iBank commissioned our company to due diligence on an office building acquisition in Shanghai. I was the only person capable of doing it as everyone else was either busy or couldn't speak English properly. With 1 year under my belt in Research and that book, I took the entire thing on. Had to walk into that meeting by myself with all the big wigs from New York, London, Hong Kong and Shanghai questioning every single number and assumption. I fucking nailed it. While credit towards understanding the market through work is deserved, a lot of the development of that report came from constantly consulting that book. It's worth every penny if your interested in commercial real estate investment.  That being said, if you want to track deals, the best place is called Real Estate Capital Analytics. Unfortunately you have to fork over a decent amount of cash to get access. For your situation I would recommend the following:  - \"\"The Urban Land Institute &amp; PwC Emerging Trends in Real Estate\"\": I believe you need to be a member but I can always find it online for free.  - Brokerage firms: I work in one and we cover residential, commercial and retail reports on cities throughout the world (I actually wrote the ones for China for two years). You can find a wealth of information in them. If you are seriously looking at buying with capital, call up the research department and ask if they have some time to discuss the market face to face; if you don't have capital, they won't talk to you. Fortunately however, most let you download their reports for free from their website so here's the list of the major ones in the US: CBRE, Colliers, CRESA, Cushman &amp; Wakefield, Jones Lang LaSalle, etc.  - The Loop - www.loopnet.com has a wealth of information from Commercial properties on the market to previous deals.  Please let me know if I can further advise.\""}
{"text": " The big difference for me is that my contribution thorough a cafeteria plan also skips Social Security and Medicare taxes. That is a 6.2% (SS) + 1.45% (Medicare) tax on those contributions if done outside a cafeteria plan. Some companies make a contribution to a the HSA. If you handle your contributions outside of their channels they may see you as a non-participant, and not make any matching contributions. You might have to put a minimum amount into the company setup HSA.  The non-company HSA may also charge fees that the company one doesn't. Regarding the taxes: If you contribute $3,000 to the HSA via post tax, your paychecks would have had an extra $229.50 paid into social security/Medicare. There is no mechanism to get this refunded."}
{"text": " If your uncle is looking to maintain life insurance coverage for specific shorter period of time he may want to look into hybrid life insurance. If you buy a hybrid universal life policy, the premium and death benefit can be guaranteed to last until any age. Since, most permanent policies focus on cash value accumulation it is hard for most people to find cheap whole life or affordable universal life. Consumers only looking for a longer duration have a more flexible choice with a new hybrid product that combines elements of both term life coverage and universal life. Hybrid universal  policies are much cheaper then other permanent coverage such as whole life coverage because they do not emphasize cash value accumulation. However, the premiums and death benefits can still be guaranteed to a specific age (i.e. 85, 90, 95, 100). So, premiums can be scaled to coordinate with your desired budget and the face amount required for your family. Typical universal life and whole life insurance contracts only allow for lifetime coverage. However, hybrid universal life offers a much smaller premium because the coverage can be dialed into a specific age. If the policyholder does live beyond the originally selected age, the death benefit will simply begin getting smaller, while the original premium will  continue to remain the same."}
{"text": " There is a highly related question which is much easier to answer: what normally value-increasing news about a company would cause that company to fall in value in the public stock market? By answering that, we can answer your question by proxy. The answer to that question being: anything that makes investors believe that the company won't be able to maintain the level of profit. For example, let's say a company announces a 300% profit growth compared to the previous year. This should push the stock upwards; maybe not by 300%, but certainly by quite a bit. Let's also say that this company is in the business of designing, manufacturing and selling some highly useful gadget that lots of people want to buy. Now suppose that the company managed such an profit increase by one of: In scenario 1 (firing the engineering department), it is highly unlikely that the company will be able to come up with, manufacture and sell a Next Generation Gadget. Hence, while profit is up now, it is highly likely to go down in the months and years coming up. Because stock market investors are more interested in future profits than in past profits, this should push the value of the company down. In scenario 2 (selling off the machinery), the company may very well be able to come up with a Next Generation Gadget, and if they can manufacture it, they might very well be able to sell it. However, no matter how you slice it, the short-term costs for manufacturing either their current generation Gadget, or the Next Generation Gadget, are bound to go up because the company will either need to rent machinery, or buy new machinery. Neither is good for future profits, so the value of the company again should go down in response. In scenario 3 (their product getting a large boost), the company still has all the things that allowed them to come up with, produce and sell Gadgets. They also have every opportunity to come up with, manufacture and sell Next Generation Gadgets, which implies that future profits, while far from guaranteed, are likely. In this case, the probability remains high that the company can actually maintain a higher level of profit. Hence, the value of the company should rise. Now apply this to a slightly more realistic scenario, and you can see why the value of a company can fall even if the company announces, for example, record profits. Hence, you are looking for news which indicate a present and sustained raised ability to turn a profit. This is the type of news that should drive any stock up in price, all else being equal. Obviously, buyer beware, your mileage may vary, all else is never equal, nothing ever hits the average, you are fighting people who do this type of analysis for a living and have every tool known available to them, etc etc. But that's the general idea."}
{"text": " The bank won't let you because: Differences in required account features \u2014 Business accounts have different features (many of them legal features) that are required by businesses. For instances: Do you want to be able to deposit cheques that are written out to your business name? You need a business account for that. Your business could be sold. Then it wouldn't be your business, so it wouldn't make sense to put the business account under your personal name. The bank account and the cash it holds is a business asset and should be owned by the business, so when the business is sold the account goes with it. This is especially the case for a corporation that has shareholders, and not a sole proprietorship. For a business, you could also, in theory, assign other people as signing authorities on the business account (e.g. your corporate treasurer), and the individuals performing that role could change over time. Business accounts allow for this kind of use. Market segmentation \u2014 The bank has consciously undertaken to segment their product offerings in order to maximize their profit. Market segmentation helps the bottom line. Even if there were zero legal reasons to have separate personal vs. business accounts, banks would still make it their policy to sell different account types according to use because they can make more money that way. Consider an example in another industry: The plain-old telephone company also practices segmentation w.r.t. personal/business. Do you want a telephone line for a business and listed as such in the phone book? You need a business line. Do you want a phone line hooked up at a non-residential address? You need a business line. Here it's clear it is less of a legal issue than with the bank account, and it doesn't matter that the technical features of the phone line may be identical for the basic product offerings within each segment. The phone company has chosen to segment and price their product offerings this way. Q. Why do companies choose to charge some kinds of customers more than others for essentially the same underlying service? A. Because they can."}
{"text": " A hotel can accept the debit card because each night they can withdraw the money. If you don't have sufficient funds they can instantly lock you out of your room. They an also limit your ability to access room service, and other extra expensive options. The rental car can't do that once you have the car. Plus they never know if you will bring the car back with damages, toll charges, and an empty tank of gas."}
{"text": " Contrary to what many people think, credit card companies pass nearly all fraud costs via purchased goods onto the merchant who sells them. As a result, they stand a very high chance of getting the money from a fraudulent purchase of a specific purchased item back, as they just chargeback the merchant who has to stomach the cost. This is not the case for cash transactions obviously, where as soon as the money leaves the ATM fraudulently it is as good as gone. As a result, the risk profile of the two types of transaction is wildly different, and the credit limits of each reflect this."}
{"text": " \"The trick to using a credit card responsibly is accounting. With your old system, you were paying for everything out of your savings account.  Everytime you had an expense, it was immediately withdrawn from your savings account, and you saw how much money you had left. Now, with a credit card, there isn't any money being withdrawn from your savings account until a month later, when you have a huge credit card bill. The trick is to treat every credit card transaction as if it was a debit card transaction, and subtract the money from your \"\"available funds\"\" on paper immediately.  Then you'll know how much money you actually have to spend (not by looking at your bank statement, but by looking at your \"\"available funds\"\" number), and when the credit card bill comes, you'll have money sitting there waiting to go to the credit card company. This requires more work than you had with your old system, and if it sounds like too much work, you might be better off with a debit card or cash.  But if you want to continue to use the credit card, you'll find that the right software will make the accounting process easier.  I like YNAB, but there are other software products that work as well.  Just make sure that your system accounts for each credit card transaction as it is spent, deducting the amount from your budget now, so that there is money set aside for the credit card bill.  Software that simply categorizes your spending after the fact is not as useful.\""}
{"text": " \"Yes. Bonds perform very well in a recession. In fact the safer the bond, the better it would do in a recession. Think of markets having four seasons: High growth and low inflation - \"\"growing economy\"\" High growth and high inflation - \"\"overheating economy\"\" Low growth and high inflation - \"\"stagflation\"\" Low growth and low inflation - \"\"recession\"\" Bonds are the best investment in a recession. qplum's flagship strategy had a very high allocation to bonds in the financial crisis. That's why in backtest it shows much better returns.\""}
{"text": " I usually get a cashiers check to cover about 90% - 95% of the expected amount (whatever I think is just below my wet-dream-price), and bring the rest in cash. That doesn't require so much cash to be carried. Alternatively you can write a personal check for the exact reminder, or go to the bank for the reminder after the deal is made - with the majority already paid in a cashiers check nobody would disagree."}
{"text": " \"In your situation, you probably should not cash in your IRA and 401(k). A good mortgage lender will want to see that you have \"\"reserves\"\" -- money that you could fall back on if you hit a very rough patch.  Your current savings and retirement accounts might add up to a suitable reserve. You might want to do something like this instead: By the way, instead of cashing in a 401(k), it is usually better to: This method avoids large tax penalties, and encourages you to rebuild your 401(k).  Unfortunately, your large debt balances might prevent you from getting the PLOC.  But even in the worst case scenario (where you cannot use a PLOC to pay off a 401(k) balloon payment), it postpones the tax hit until after the balloon payment.\""}
{"text": " &gt; Walmart only concerns its self with the needs of shareholders.   All publicly traded companies concern themselves with the needs of the shareholders, they are the people that own the company, thats how publicly traded companies work... Why do you get upvoted in /r/business for saying such silly things?"}
{"text": " I have a CapitalOne credit card, and every two or three weeks, CapitalOne Bank sends me checks that can be used almost anywhere (including a deposit into my own checking account if I wish, or to pay taxes or utility bills etc)). The amount thus borrowed is counted as a balance transfer (as if I  were paying off another credit-card balance) and it will be charged 0% interest for a year.  The catch is that unless I pay off the next monthly statement in full by the due date, I will be charged interest on all new purchases from the day that they post to the account till the day they are paid off. No more grace period etc.  All this will continue until that loan amount is paid off in full.  So, I either would have to (i) pay off all the purchases made this month plus the minimum monthly payment shown on the next monthly statement and give up use of the card till that 0% balance is all repaid, or (ii) pay interest on new purchases.   It might be worth checking on the CapitalOne Credit Card site if such an offer is available to you.  If so, get a check from them, pay off the invoice using that check (actually, I would strongly recommend depositing the money in your local bank and writing them your personal check for the amount to be paid), and then pay off next month's bill in full, etc."}
{"text": " If something in any transaction in life\u2014financial or otherwise\u2014doesn\u2019t make you feel comfortable and the choice is between saving money with one thing versus another, don\u2019t sell your personal needs short. Pay more elsewhere that treats you the way you expect to be treated. In the long run the $$$ you \u201csave\u201d in a cheaper transaction might cost you more in the headaches and annoyance you have to swallow in dealing with this \u201cbargain\u201d in the future. Your question is this: \u201cDo his sales tactics indicate other underlying problems? How can I deal effectively with those tactics?\u201d And you state this as well: \u201cTo make a long story short, the dealer's aggressive sales tactics have made me somewhat uncomfortable.\u201d And finally ask: \u201cHow can I deal effectively with those tactics?\u201d Okay, first and foremost if you feel discomfort in anything in life\u2014not just a financial situation\u2014just walk away. You might have to say \u201cNo\u2026\u201d when doing this but it\u2019s not always the case you will have to counter aggression with aggression. And specifically in the case of a purchase like this, you need to also ask yourself: \u201cIs this discount being offered me worth the headache I am getting?\u201d At the end of the day money is meaningless and has it\u2019s main worth as an economic motivator/stimulator: Someone has a need and someone else has something that can solve that need. What would it take for the side of need to connect to the side of solution to that need? This is the basic concept surrounding all economics. So that said, I have personally avoided buying things for less money and paid slightly more elsewhere for a service experience that made me feel comfortable. At the end of the day, if you feel happy in the transaction it helps in the long run more than\u2014let\u2019s say\u2014the $20 to $40 you \u201csave\u201d by buying from someone else. Also\u2014on the side of customer service\u2014this person\u2019s sales techniques sound like something out of a very old fashioned sales playbook. Nowadays it\u2019s all about relationships and service: The immediate sale is not as important for competent and reputable businesses because they know a better customer service experience will bring people back. So it doesn\u2019t matter how long this guy has been in business: It could be that he\u2019s been in business a long time just because he has been in business a long time. That said\u2014and in the case of musical instruments\u2014maybe this guy is really good at care and upkeep of instruments but has crappy sales techniques. Keep that in mind as well and just push back on their sales methods. For things like musical instruments, people might be jerks on the sales side but in the maintenance and repair side they are great. Will you need to go to them if/when your instrument needs repair? Or you don\u2019t care? At the end of the day, go with your gut. And if your gut says, \u201cNo\u2026\u201d then just go somewhere else and spend your money on an item you like from a place that treats you the way you need."}
{"text": " \"It should. It is a very nasty feedback loop. There is no ownership\u200b of the reviews. If you bring something back in store you have to have guys to prove that it was wrong. On eBay, you can just bitch and get it \"\"corrected\"\".\""}
{"text": " Completely agree, my boss is a great guy and I wouldn't have it any other way.  I was going to be skipped for a raise because I was just hired, but he talked them into giving me one because I was under contract for two years."}
{"text": " Are you planning to have a dream home of your own? Don\u2019t compromise with the style and latest trends in home interiors and planning. Architects and interior designers in Noida can suggest you numerous ideas for construction as well as interior decoration of your house."}
{"text": " When you pick a company for your IRA, they should have information about rolling over funds from another IRA or a 401K. They will be able to walk you through the process. There shouldn't be a fee for doing this. They want your money to be invested in their funds. Once your money is in their hands they are able to generate their profits.  You will want to do a direct transfer. Some employers will work with the investment companies and send the funds directly to the IRA. Others will insist on sending a check to you. The company that will have your IRA should give you exact specifications for the check so that you won't have to cash it. The check will be payable to you or the IRA account. The IRA company will have all the details. Decide if you will be converting non-Roth to Roth, before doing the rollover."}
{"text": " \"So...if the stock market tanks, the value of these portfolios tank...but faster.  The difference time around being that the customers will be holding all of the toxic assets?  I also gotta say that it feels like there's a lot of, \"\"hey let's sell insurance and hope that nothing bad ever happens but if it does we go bankrupt and the customer's fucked too!\"\"\""}
{"text": " Yes. It is a scam. The story makes no sense. They just want your info to steal your money. regarding requests to know how it works:  the scammer is requesting:  username, password, routing number, checking account number, and   security question/answers. they now have access to your bank account. they will have access until you are able to shut it down. Once they have your password, they can change it to whatever they want.  it can be used to launder money, steal money from other accounts you have, proof of identity..."}
{"text": " I recommend an online savings account.   The money is more liquid without early withdrawal fees and frequently you can get a visa/mastercard check card to access the funds. Looking at interest rates, ING is currently paying 1.10% and bankrate reports the best interest rate in the country on a 1 year CD is 1.33%.   The .23% difference is not enough to convince me to invest in CDs at a fixed rate vs. an online savings account at a variable rate when we are at (or near) the bottom of CD/savings interest rates."}
{"text": " As long as you don't finance and the payment is upfront, its up to you and your customer how to pay. If you provide the product before the payment is being made or finance in any way (i.e.: there's debt), then the Canadian dollar, being legal tender in Canada, must be accepted. Considering the large amount, you would probably not be accepting cash anyway, so the point is moot. How they pay their credit cards is not your problem. However, do take into the account the currency exchange rates and fees that add costs to purchasing your product. If you don't have any physical presence (i.e.: online store only, no physical location on Canadian soil), then it goes by the rules of the jurisdiction where you've incorporated. Check with the local legal professional to be sure."}
{"text": " \"I understand the answers addressing the question as asked. Yes, inheriting a 401(k) can be a convoluted process.  In general, it's best to transfer the account to an IRA after separation from the company to avoid the issues both of my esteemed colleagues have referenced.  Given the issue of \"\"allowed by not required\"\" the flexibility is greater once the account has been transferred to an IRA. With few exceptions, there's little reason to leave the account with the 401(k) after leaving that company.  (Note - I understand the original question as worded can mean the account holder passes while still working for the company. In that case, this wouldn't be an option.)\""}
{"text": " The user who wrote the Zerohedge item: The CBS article: The Quora estimate is similar to the Zerohedge one (estimated a round value of 1000 PE and a price of 70-80). Note that it was 30 days after the first 2 items you quoted. You used the CBS numbers except you used the zerohedge price.  It depends on which earnings were for each calculation. Past or future. The CBS numbers make the most sense because you can trace where they come from based on the links in their article.  CBS based their price on the estimates made the day before the stock went on sale. The price in the zerohedge item was based on the early trading numbers."}
{"text": " They are almost always behind paywalls. The analysts that write these reports need to get paid somehow.  I'd search for reports on google by specific topic and see what you find, but no where is there a treasure trove of free information"}
{"text": " Fun Fact: Illinois is poised to have their credit rating downgraded to junk status. If they fall and NJ continues to decline we could see 5 states with this credit rating withing 5 years. (NJ and CONN are close) with several others slipping as well."}
{"text": " The answer for this question varies from person to person. However most cards give lousy rewards percentage-wise. Take a look at where your money is being spent each month (say with a tool like mint.com), and seek out a card that rewards you in categories where you already spend a lot of money.  Many people here have suggested cards with high gas rebates, and that's great if you drive more than anything else. However, the important thing is to pick what benefits you most."}
{"text": " There is mad hat on this sub because he's a young black man. You should be ashamed. Sure it helps to him in this situation I don't doubt, but there is bias in many situations.  I don't see how this kid is different then any other clothing line pusher. He made a good product, he marketed himself well and he found a good mentor.. sounds like a recipe for success for almost anyone  Good for him, he was very passionate about his bow ties and I hope he goes on to make many more millions and that everyone is rocking bow ties  You are all some salty bastards that need to reflect on your jealousy of this 15 year old boy."}
{"text": " What does cheap mean? Compared to what?  A standard international wire transfer cost about 40 $. Is that 'cheap' for you?  Alternatively, a mailed paper check takes 5-7 days mailing plus 7-10 days processing, but is free, that's as cheap as it gets."}
{"text": " \"Background: I live and work in a small city (250k) and want to work somewhere much larger (New York, London, Chicago, Sydney). Ideal job is something quantitative and related to programming/analytics in finance, though I have passed the CFA Level III Exam to show my interest in the field and currently work as a systems and database analyst (job title is \"\"Senior financial analyst\"\".) I have a Master's in mathematical finance but my work mostly relates to personal side projects.  Questions:  Short of packing up and moving, what is an effective way to network with people from these larger cities?  Is there demand for quants and junior quants, or is there too much supply? Will I need to get a PhD to be relevant? Can I transfer my background or skills into another area of finance first to get the networking contacts?\""}
{"text": " Congratulations on the new arrival! Technically, a gift by check to the baby should be deposited into a newly established custodial account in the baby's name. To open one, you will need to have a SSN for the baby, so don't wait till tax time to request one (you will need the SSN if you wish to claim the baby as a dependent on your 2017 income tax returns). On the other hand, people are often cavalier about this and at least one bank (JoeTaxpayer's!) seems not to care about the legal niceties; I expect my bank wouldn't have either, in the good old days. Note that @JoeTaxpayer and I are of similar age, and perhaps he too is recounting experiences from some time ago."}
{"text": " FYI: David Knopf is a graduate of Princeton with a BA in Econ. His parents are rich. Like totally fucking rich. You might do better. If your parents make less than $140k, tuition at Princeton is zero. Of course your chance of getting into Princeton, unless you are a legacy admission, or ace the SAT, is about zero. Better bone up on Algebra if you want to ace the SAT. And yes, you ARE a math person. Everyone is. It's just that nobody ever taught you right.  Forget about the CCNA or CCNP, that stuff will be obsolete before you would finish learning it. And even if you did, some H-1 visa immigrant will do the job for a quarter of what it would cost you to make a living.  I completely sympathize with your situation. I'm not going to pour out my life story, but I always thought I'd be a multimillionaire by the time I was 30. Instead, I have made choices that took a troublesome path, including depression and poverty. Even today I am suffering from choices I made (or avoided making) decades ago. BUT I am suffering only by OTHER people's standards. I don't regret the choices I made. I turned down fast money I could have made by exploiting people, it would have only cost me my soul. I have been exploited by other people, and it taught me the value of dealing with people who have ethics like my own. So ultimately, you have to admit to yourself, you are exactly where you need to be. You are struggling because what you want to do is hard. I am an artist too, and that is just about the hardest thing to do on this earth. If it was easy, anyone could do it. So don't despair, get busy. I remember when I lived in a slum, barely subsisting, but I had a sunny window and a table, I spent $2 on a cheap brush and a tube of black watercolor, and a $2 tablet of cheap watercolor paper. And I sat at that sunny table and made art that made me happy. Nobody but me has ever seen it. And for all the changes I have gone through in decades since, I would give almost anything to be living in abject poverty, sitting at that sunny window with that cheap paintbrush in hand again. [So I'll just leave you with this odd comic by Carol Lay, it's one of my all time favorites.](http://i.imgur.com/4XsDbnE.gif)"}
{"text": " &gt; it actually equalizes the economies in the long run  Noone denies that - but those who dislike globalization **don't want** it to be equalized.  The world average income is $18,000 a year.  Compared to the current US average income of $37,000.  So this equalization means loosing half of your income."}
{"text": " Home appliances are the most important part of our lives. They make our life easier and help us to do our daily task much easily. When your appliances are not working then this can be a cause of your stress. We provide satisfactory repairing services for your home appliances."}
{"text": " &gt; Over months or years it causes iron deficiency and anemia, weight loss, tiredness and impaired mental function, especially in children, helping to trap them into the poverty in which the disease flourishes.  If you are someone who believes that people who don't make a living wage just need to apply themselves and learn new skills, do you think anything different should be done in communities with a hookworm problem?"}
{"text": " \"There are Cyber Security and Reporting Standards which Financial Service Provider (Banks and Financial services where customers deposit and/or transact fiat currency) You can find a comprehensive list on Wikipedia under Cyber security standards Depending on the geographic location there might be local Govt requirements such as reporting issues, data security etc. Concerning point 1. We have to differ between a fraudulent customer and an attacker on the banks infrastructure. Fraudulent customers / customers that have been compromised by third parties are identified with but not limited to credit scores and merchant databases or data from firms specialized in \"\"Fraud Prevention\"\". Attackers (Criminals that intend to steal, manipulate or spy on data) are identified/prevented/recorded by but not limited to IDS solutions and attacker databases. For firms that get compensation by insurances the most important thing is the compilant with law and have records of everything, they rather focus on recording data to backtrack attackers than preventing attacks. Concerning point 2. For you as customer the local law and deposit insurance are the most important things. Banks are insured and usually compensate customers on money theft. The authentication and PIN / TAN methods are most crucial but standard - these authentication methods consist of one password and one offline part such as a TAN from a paperletter or a RSA generator or card reader. WRAPUP: Financial institutions have to comply with local law and meet international standards. Banks use highly advanced Intrusion detection and fraud prevention which logically must be based on databases. For the average joe customer there is seldom high risk to lose deposits even if the attackers gains full access to the bank account but this depends a lot on the country you reside in. Concerning targeted attacks:\""}
{"text": " \"&gt;Really? I kinda thought it had something to do with losing 2.6 million jobs in 2008. Now that's a lot of revenue gone! Oh also the bush tax cuts  All the more reason to keep increase spending by 5-10% a year, right? How about we create an envionment that yields more jobs rather than increasing the taxes of those left? Because that worked so well for social security originally supported by 5-10 employees per 1 receiving benefits, now it's only supported by 2 employees per 1 receiving benefits-- ultra sustainable!  &gt;So almost 10% of our deficit? I'd say that's a good start.   10% of our deficit, so 1/4th the amount of DEBT INTEREST we'll pay this year? A drop in the bucket either way. Spending is the real culprit.  &gt;I do agree we spend way too much on the pentagon, but pretty sure that went up a lot without our two unfunded republican wars.   And now we're in a half dozen active and secret conflicts; Afganistan, Pakistan, Syria, Libya, Eygpt. All the more reason for Obama to IMMEDIATELY remove us from those wars. But he hasn't he has expanded them. And our military costs keep going up. It's not about \"\"this isn't the right time to withdrawl\"\" it's about his corporate masters being the same as the Bush corporate masters telling him to continue. It's about oil/gas and the pipelines and projection of power that comes with it. Obama has continued and expanded the same policies as Bush, he cannot hide behind, \"\"Well Bush was worse\"\", he can't say that because it isnt true. Infact we're killing more peasants in other countries than ever before--- just with military industrial complex built drones.  &gt;There's also the unfunded Bush Medicare prescription drug plan.   Yep, that prevents the government from negotiating prices on prescriptions for a token  $10 Billion rebate, but which will yield $10 Trillion in revenues over the next 15 years. Sounds like a great ROI while the costs of drugs is skyhigh in the US.  So what did Obama do? He fed that industry another 30 million new customers without so much as any discount. The government purposely stays out of the negotiation of price. Why? Because the bill was written by insurance industry and healthcare industry executives like most bills are. Healthcare is nice, but its the COST of healthcare that is the issue. If the cost was more reasonable, you wouldnt even need insurance, but because they can charge $70 for a single pair of rubber gloves, when the market price on a BOX is $5-10 we can plainly see the cost of medical care in the US is bloated and we get much less than comparative countries.   Obama is just like Bush, he has enriched the various industries. The only difference between bush and Obama are which industries are enriched. You'll notice I didn't mention enrichment of citizens because they are an afterthought. Obama only needs to SELL the program to citizens, he sold it we bought it.  &gt;You can't seriously think putting those people back in charge will lead to good things.  No I don't think republicans or people like Bush or Romney are necessarily good for us either. The thing I have a problem with is that people like you think Obama is any different. He's not, new president, same as the old president. New speech writer, new cabinet (stuffed with corporate cronies and former lobbyists), but business as usual and marching orders from corporate and private masters.\""}
{"text": " My use is occasional (like weekends where I get out and overdo it and need help calming aches to sleep) and occasionally recreational.  But I have strict rules about dosing frequency (no more than one weekend a month) to avoid dependency and withdrawal.  OTOH, I had hernia surgery a couple years ago and it was ridiculous the hoops I had to go through to get my post-op stuff.  Doctors are beginning to under-medicate.  I think that might be worse."}
{"text": " It seems likely that the mortgage is not in your boyfriend's name because he never would have qualified if he can't even afford utilities after paying the mortgage. It also seems unfair that his sister continues to have a 50% share of the equity if your boyfriend has been making the entire payment on the mortgage every month. What would happen if your boyfriend stopped making the payments? His sister would have no choice if the property went into foreclosure. Your boyfriend has all the leverage he needs by simply refusing to continue making the payments. Why he won't push his sister to make a deal is the real question you need to ask him. In the meantime, if he wants out, all he has to do is decide not to keep paying whether his sister feels attached or not."}
{"text": " Not always true. A few good companies understand that if they hire the best, and pay for it, they will outpace their competitors through sheer quality.   But keeping wages low is just easier to do than finding and hiring the best, a managing the whole thing well."}
{"text": " If I were you I would just save the money until I had at least 5000 pounds to keep as an emergency fund. There are various kinds of unexpected events and it is smart to have some cash in case a problem comes up. Next time I would recommend buying a car you can afford. Borrowing money to buy nice things is the enemy of wealth accumulation. Also, when you buy a car for cash you will get a much better deal than when you let a dealer put his foot on your neck."}
{"text": " The investments he's chosen are well diversified.  You can argue the  details, but it's a low-fee, low-risk plan that's simple to implement, which makes it better than what 95%+ of people do.  Starting saving early is also a great idea.  Now for the bad news.  $1mm is not enough to retire on.  It can't generate $80k / year without significant risk, and even if it could, those investment gains would be taxable.  The general rule of thumb is that you should have 25x your annual expenses saved when you retire, a bit more if you want to retire early at 50.  Don't forget that inflation means $1mm in 24 years will not have the same purchasing power it does today."}
{"text": " Video linked by /u/Alex6373:  Title|Channel|Published|Duration|Likes|Total Views :----------:|:----------:|:----------:|:----------:|:----------:|:----------: [\u0421\u043f\u043e\u0441\u043e\u0431 \u0437\u0430\u0440\u0430\u0431\u043e\u0442\u043a\u0430 \u0411\u0438\u0442\u043a\u043e\u0438\u043d\u0430! \u0421\u0430\u0439\u0442 \u043f\u043e \u0441\u0431\u043e\u0440\u0443 \u0441\u0430\u0442\u043e\u0448\u0438! \u041e\u0442 7000 \u0441\u0430\u0442\u043e\u0448\u0435\u0439 \u0432 \u0441\u0443\u0442\u043a\u0438! \u041a\u0440\u0430\u043d \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430](https://youtu.be/RMueBDJyzKw)|\u0412\u0435\u043a\u0442\u043e\u0440 \u041a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442|2017-07-18|0:02:43|0+ (0%)|2  &gt; \u00a6 \u0421\u0441\u044b\u043b\u043a\u0430 \u043d\u0430 \u0440\u0435\u0433\u0438\u0441\u0442\u0440\u0430\u0446\u0438\u044e \u0432 \u043f\u0440\u043e\u0435\u043a\u0442\u0435: | MineBit:...  ---  [^Info](https://np.reddit.com/r/youtubot/wiki/index) ^| [^/u/Alex6373 ^can ^delete](https://np.reddit.com/message/compose/?to=_youtubot_&amp;subject=delete\\%20comment&amp;message=dkdby6m\\%0A\\%0AReason\\%3A\\%20\\%2A\\%2Aplease+help+us+improve\\%2A\\%2A) ^| ^v1.1.3b"}
{"text": " Is this really venting about giving up capital to a group helping you raise it? You don't even have to give up equity for the capital or worry about VCs pulling out.  Of course something like that would be oversaturated and financially motivated to exploit the over-saturation."}
{"text": " \"In the UK there are Premium Bonds, http://www.nsandi.com/. In simple terms these get you a \"\"raffle ticket\"\" for each \u00a31 you invest. Each month multiple tickets are drawn and they each win between \u00a325 and \u00a31m. Your capital does not go down but you aren't guaranteed to win. So you can't lose your money but there's potential to not make any either.\""}
{"text": " You could pay off a portion of the debt and your minimum payments should also go down proportionately.  Your investment managers may be able to continue making returns in the markets in a sideways and a bear market. So you have 24k contributing to your net worth, and ~50k giving you a negative net worth. At best, you can bring this down to a negative 25k net worth, or you can start and keep using some of the gains from your investment account to supplement your credit payments (along with your income). This is based on chance that your investment managers can continue making gains, compared to paying down 24k and having possibly zero liquid savings now, but having more of your salary to start saving and make the lowered minimum payments, assuming you don't borrow more. Those are the options I've thought of, I don't see either option being necessarily quicker than the other."}
{"text": " both issues addressed in my original idea...  &gt;a bunch of small  any individual one won't need to scale if there are enough of them and they're deployed on a rolling basis... think burning through a shitload of free cdn plans then canceling them as soon as they start to rack up any significant bandwidth. and it's trivial to block ***one*** of them once it's big enough to even be on your radar. but this would be hundreds, potentially thousands, moving a relatively small amount of data each. how long has netflix instant been a thing? comcast is not known for staying up to speed technologically, and i'm sure you could get plenty of heavy hitters in the tech industry to silently donate ip addresses, bandwidth, storage, etc., with all the ire comcast has raised by effectively dismantling net neutrality. hell, get enough big names involved and it wouldn't even need to be silent. what are they going to do, sue google? i'm sure that would go well for them."}
{"text": " Raise wages by 20%, and cut the work force by 25%.  Drive suppliers from expensive countries if production, like China, and to lower cost options like Vietnam to cut costs by another 1-2%.    None if this is hard or complicated.  Your job: don't end up relying on this sort of job to provide for yourself.  Stay in school, kids.  And, pay for school in cash, which you can earn by working for $12 per hour at Target before you go making babies and what not.  If you can manage to control yourself for a few years."}
{"text": " I suggest a four pronged solution to our political problems. 1. Ranked choice voting nationwide.  2. No more electronic voting machines. We need a paper trail that can be verified.  3. No more crazy jerrymandering lines. They need to be SIMPLE polygons.  4. get big money out of politics."}
{"text": " \"You're asking explicitly about $250K+ wage earners. Well, believe it or not, but this is the most discriminated group of people in the US tax code. This is what is called \"\"the upper middle class\"\". People who still have to work for a living, but treated as if they're rich (I don't consider people who must work to keep up their life style as rich). Many of the deductions cannot be taken by them. Lets go over the list Keith made: You mentioned losses - you cannot deduct gambling losses (in excess of gambling income), and you cannot deduct passive (rental real estate, for example) losses. While for rental real estate there's a small amount of losses you could deduct, it phases out well below the $250K line (can be deducted against passive income, or when disposed of the property). 529 plans are not deductible (in fact, its a gift subject to the gift tax). Bottom line, being a high earner with wages only means you pay the most tax. You either find a way to become self employed and have a lot of business deductions on your schedule C/1120S, or switch to capital gains. You can marry an unemployed partner, it will make your life slightly easier.\""}
{"text": " \"Everything you are doing is fine. Here are a few practical notes in performing this analysis: Find all the primary filing information on EDGAR. For NYSE:MEI, you can use https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000065270&type=10-K&dateb=&owner=exclude&count=40 This is the original 10-K. To evaluate earnings growth you need per share earnings for the past three years and 10,11,12 years ago. You do NOT need diluted earnings (because in the long term share dilution comes out anyway, just like \"\"normalized\"\" earnings). The formula is avg(Y_-1+Y_-2+Y_-3) / is avg(Y_-10+Y_-11+Y_-12) Be careful with the pricing rules you are using, the asset one gets complicated. I recommend NOT using the pricing rules #6 and #7 to select the stock. Instead you can use them to set a maximum price for the stock and then you can compare the current price to your maximum price. I am also working to understand these rules and have cited Graham's rules into a checklist and worksheet to find all companies that meet his criteria. Basically my goal is to bottom feed the deals that Warren Buffett is not interested in. If you are interested to invest time into this project, please see https://docs.google.com/document/d/1vuFmoJDktMYtS64od2HUTV9I351AxvhyjAaC0N3TXrA\""}
{"text": " It makes sense for civil service jobs where you want the bureaucracy to remain apolitical. If layoffs are based on performance, you end up with gamed performance stats to favor the current regime and oust the opposition.  This is especially the case in jobs where measuring performance is extremely difficult or subjective, and, in these cases, seniority tends to act as a decent proxy. (or at least, it's the best of a few mediocre options)"}
{"text": " \"Linkedlinked, You might want to seriously take another look at the links that Chris provided you.  Specifically the ones on the IRS website: http://www.irs.gov/businesses/small/article/0,,id=99921,00.html From the IRS website: Businesses must weigh all these   factors when determining whether a   worker is an employee or independent   contractor. Some factors may indicate   that the worker is an employee, while   other factors indicate that the worker   is an independent contractor. There is   no \u201cmagic\u201d or set number of factors   that \u201cmakes\u201d the worker an employee or   an independent contractor, and no one   factor stands alone in making this   determination. Also, factors which are   relevant in one situation may not be   relevant in another. The keys are to look at the entire   relationship, consider the degree or   extent of the right to direct and   control, and finally, to document each   of the factors used in coming up with   the determination. Perhaps more importantly... pay attention to what happens if you're WRONG: Consequences of Treating an Employee as an Independent Contractor If   you classify an employee as an   independent contractor and you have no   reasonable basis for doing so, you may   be held liable for employment taxes   for that worker (the relief   provisions, discussed below, will not   apply). See Internal Revenue Code   section 3509 for more information. I would STRONGLY recommend that you and your partners give your accountant a call and discuss the matter.  They will be able to help you make the right decision. One of biggest mistakes businesses make in this are is to classify their employees as independent contractors.  The IRS (who happens to be hungry for money right now) comes in and says, \"\"Nooooooooo... those are employees.\"\" ...and the COMPANY gets to pay the employment taxes.  I actually have person experience with this as I worked for a company this happened to.  Every contractor was re-classified as an employee except for two (myself and one other).  The key reason in that case was that none of the other contractors had any other clients. While I understand that you have other clients, I would still recommend talking to your accountant for an hour or so... just to be 100% sure. Sincerely, Andrew Smith TaxQueries.com\""}
{"text": " Sherif El-Refai enrolled in the University Of Florida Hough Graduate School Of Business, where he plans to earn his Master of Business Administration. His course load concentrates on marketing and global management and competitive strategy. He also maintains membership in the American Society of Health-System Pharmacists."}
{"text": " I actually read that a lot of times, that isn\u2019t necessarily true. In some of these third world countries, the issue is less that the money is wasted but that there isn\u2019t enough to make the kinds of optimal investments that were thinking of.   For example, someone might understand intellectually that they need to buy a water buffalo to scale up their farm but saving up the money to do so would mean that they wouldn\u2019t be able to feed their kids for two years. They\u2019re not \u201cbad with money\u201d, they just flat out don\u2019t have enough to go beyond subsistence.   I think that\u2019s the target market for these types of programs. They won\u2019t work for everyone, people who are actually irresponsible will screw up no matter how much money and coaching you give them. But this could be a game changer for people who are good with the money they do have and just need a boost."}
{"text": " In the context of EDV, 4.46 is the indicated dividend rate. The indicated dividend rate is the rate that would be paid per share throughout the next year, assuming dividends stayed the same as prior payment.  sources:"}
{"text": " The guarantor is the Government of Latvia, the fund is the means of executing that guarantee. Unless the government defaults, the guarantee is valid. See here: In accordance with amendments to the Deposit Guarantee Law adopted by   the Parliament of the Republic of Latvia (Saeima) as from December 16,   2010 compensation of EUR 100 000 (approx. LVL 70 000) is guaranteed to   the clients of the Latvian banks (both natural and legal persons) per   depositor per each bank (all accounts added together, if several   accounts at one bank in one name). The government guaranteed   compensation covers deposits, current account balance, salary   accounts, savings accounts etc. further down: In accordance with the Deposit Guarantee Law, in the occurrence of a   case of unavailability of deposits in the Fund for paying out the   guaranteed compensations, such payments shall be made from the   Government budget via FCMC."}
{"text": " And this distinction is a HUGE difference. Both for the employees and the corporate. Even though the article doesn't say if all the franchises decided to kept all the employees who used to work for the corporate (few months down the road), as someone who have worked in the franchise business (not burger king) at different level, I will bet my money that a lot of them lost their job.  The whole reason why BK sold them off as franchises because as a corporate they couldn't maintain the overhead and since fast food businesses has ridiculously low margin, I wouldn't be surprised to maintain profitability the franchise owners got rid of a lot of them.  So its not too far off to say that all these people were fired by corporate but the franchise owners decided to keep (probably) most of them out of convenience for the short term but probably lost the job few months down the road."}
{"text": " \"Chit funds started as group of people pooling money every month and drawing a lot to determine who would get the entire funds that month. For example 5 people pool together Rs 1000/- on first month person \"\"A\"\" gets the draw and takes the Rs 5000/-. Next month again same set of people pool Rs 1000/-, the person who got the money last month is removed from the list and again a draw is made. Thus everyone pays Rs 1000/- for 5 month and gets back Rs 5000/- some sooner and some later. This was done more to buy big ticket purchases, or group of ladies getting together. There is always a leader who would ensure that everyone pays and manages the process. In more business oriented chit fund, unknown people come together and contribute Rs 1000/-. There is a organiser who is a local strong man who runs this and ensures that everyone pays. The variation here is that every month instead of a lucky draw, you can buy for discount. Say this month you need the money badly, you are willing to take only Rs 4800/-, there maybe some one who is more desperate and may say he is OK with only Rs 4600/-. The balance Rs 400 is distributed amongst the other 4 members. Thus the other who had contributed Rs 5000/- over 5 months now get Rs 100 more. The next month this person is eliminated from bidding, and others 4 can bid for Rs 5000 or less. The balance is again re-distributed amongst others. This is typically run by people who do not get loans at good rates from bank and essentially borrow outside the financial industry. The people who are part of this most of the times make good returns / better than banks. But this entire industry is unregulated and hence the Strong man can dupe you, there are cases where people who take the first shot at money vanish without trace. Every city has quite a few of such funds running. It is advisable you do not indulge in such funds.\""}
{"text": " \"You should come to Europe and learn the realities of those countries, not believe the narrative of the USA progressives. The nordic european countries started the XX century quite de-centralize and free market based. Over time they became more social-democrat and ended up suffering a systemic crisis during the 80's. Since then they have been de-regulating and de-centralizing and they have recovered. For example, in Sweden 30% of the roads are private or most of them have a system of voucheurs for education.  Norway is an exception since they have petrol and can get away with stuff \"\"normal\"\" economies can not.\""}
{"text": " I agree - so why so much outrage and concern over DAPL crossing a river?  Of note - I'm Choctaw so I understand the land rights of the reservation. That's not in play here and is an entirely different scope of questions relating to trust land etc."}
{"text": " \"A few years back me and a couple of friends made about 100 of these on his 30 watt laser cutter. At the time I was using them for ring boxes, because I make spoon rings and wanted something to give to people for the nicer sterling rings. If I remember correctly we used high ply baltic birch plywood at 1/8\"\" thickness. The grade we were buying ran us about $30 for a 5'x5' sheet. We cut them into 11x16 sheets, because that's the max size for his laser, and cut roughly 5 out of each sheet. The ones we were making were of course much smaller than what you are looking at though. Materials alone ended up running about $.50 a piece, we were coating with one layer of teak oil. It was roughly ten minutes to cut out 5 boxes, then another ten minutes to pop them out of the plywood and assemble each one. Despite what has been stated, with tweaking, friction fit held up completely fine, we didn't use glue on a single one and I still have a few laying around that are holding up fine also. Anyway, say you are paying yourself roughly $20 an hour, and you can speed it up from what we did and make 20 in an hour, now you have $1 a piece in labor. Keep in mind if you go to a place to have these made, from my experience, most places will charge you roughly $1 a minute for laser time. Add engraving time if you want a logo or something on them, probably another minute per box, all in all in the end these are going to end up costing you $2.50-$3 a box if you have free access to a laser. I would imagine anyone making them for you would probably charge double that.   In the end after the first batch of both these boxes, some slightly different, and some jewelry trees, we found out that it's hard to sell these items for an affordable price and still make it worth your while. If I remember correctly we ended up selling most of the remaining boxes for about $4 a piece just to break even and cover all of our expenses. Of course, this is just my experience, if someone has a way to do this more efficiently and for a profit, I would be interested to hear it, because we still have the laser and probably 100 sheets of plywood left =D\""}
{"text": " I understood what you were saying. My point is that I don't think the race or heritage of the person preparing the food at a large chain restaurant makes it any more or less authentic. If I'm at an actual Mexican restaurant, absolutely, but at Chipotle, I don't think so."}
{"text": " as in, the person you made the agreement with can no longer fulfill the contract's requirements. It's the same thing as if they went bankrupt, you would have to pursue legal channels to recover your dues.      Granted in an FX forward you would only have to deliver your part at expiration, so you could hold out if you *know* the counterparty is dead/bankrupt."}
{"text": " At Bella Vista Wedding, you will find professional &amp; skilled wedding videographer &amp; cinematographer in Virginia, Maryland &amp; Washington DC. With having 10 years of experience in the industry, we are passionate &amp; known for creating high quality, highly diverse wedding videos."}
{"text": " \"How can I best start a discussion about this topic with SO? I'm guessing your SO is more visual than verbal.  I'd break the ice by presenting an income pie chart and an expenses pie chart, maybe just for 2013 or comparing 2012 and 2013, and then offer your interpretation of an interesting slice or two:  \"\"I noticed we're saving so much each year that...\"\" Or, instead of starting with graphically demonstrating your cash flow, start with appropriate graphics demonstrating your savings is growing fast enough that making a few donations wouldn't be a serious impact.  \"\"See how little we spend compared to our savings?\"\". In any case, a picture is worth a 1,000 words, so starting with pictures is a good way to start your discussion.\""}
{"text": " Cara Mengecilkan Perut Buncit \u00bb Kini telah hadir tips cara mengecilkan perut buncit dengan cepat tanpa ribet dan tidak menimbulkan efek samping bagi tubuh. Banyak sekali orang-orang yang berusaha mati-matian untuk mengecilkan perut buncit, ada yang mengorbankan waktu, tenaga dan terlebih lagi mengeluarkan uang yang banyak."}
{"text": " PA local taxes are a little tricky at times, but they do have resources to help taxpayers out. The link below is a good place to start, it provides a step by step guideline to go about your local taxes.  The Address search application will tell you which locals you would need to file returns with as well as the tax rates. There are links at the bottom of the page with links to the forms and instructions. The forms are relatively easy to fill out. Act 32 For Employees/Self-Employed"}
{"text": " \"Seems like you could shoehorn this into an investment account. You make purchases similar to what you would make in a money market account ($1 per share) via your premium payments. You see appreciation in those shares. You incur expenses on your \"\"purchases\"\" via cost of insurance and possibly monthly payment fees.\""}
{"text": " \"It has semantic value (because we culturally believe gold is valuable).  There is a very important point here.  Gold and many other coin metals. This \"\"semantic value\"\" is enshrined in law through the special tax status of coin metals.  You can buy a kilo of gold and not pay sales tax.  You can't buy a kilo of iron or tin and do the same.  This is the important part because investors shouldn't care about semantics. I read that the taxable status varies by state or nation, so you need to be very careful.  It's possible to evade taxes without realizing it.  It also doesn't necessarily exempt you from the form of gold.  An ingot should be tax exempt.  A collector's coin may or may not be, depending on your local laws and the difference between the value of the weight of the gold, and the value of the form of the coin.\""}
{"text": " The reasons behind hiring a private investigator can be many things; it depends on the human being. A professional private investigator gives you very valuable services that can help you in many ways \u2013 from bringing out the right facts to clearing your doubts, from criminal cases to infidelity and from cheating partners to background checks and many more."}
{"text": " Just Tesla's products today solve it for many households. Solar Roof + Powerwall could run most single-family houses in the US no problem. Basically you just pre-pay your power bills for 20 years and you're all set.  The harder problem is electricity for high-density housing and industry. Solar farms solve some of that, but other power sources are a good idea too."}
{"text": " Yes, it's true (from a BB perspective).  This isn't the 80's where M&amp;A's are the money makers.  This isn't the 90's where IPO's are the cash cows.  Going forward the new products, especially the OTC derivatives market and FI are going to be where a lot of resources are pooled and where revenues are generated.  Ask yourself the question, why do you want to go into equity research as opposed to another product?"}
{"text": " \"Sorry in advance, but this will be long.  Also, it sounds like your friend is a tool. I hope this \"\"friend\"\" is not also your financial advisor... they would be encouraging you to make a very poor investment decision. They also don't know how to do financial math.  For what it's worth, I am not wrong. I have correctly answered a set of changing questions as you have asked them... Your friend is answering based on a third, completely different investment model, which you proposed in the edit to your last post. If that's what you meant all along, then you should have been more clear in the questions you were asking.  Please let me layout the following: How the previous questions//investment proposals were built How to analyze this current proposal What your other option is Why the other option is best in a 'real world' market The First Question My understanding of the initial proposal was to take out a $10,000 loan, invest the proceeds, and expect to not have any money of your own tied up in this. Because that OP did not specify that this is an interest-only loan (you still haven't in any of your questions), the bank will require you to make payments back to them each month that include principal and interest.  Your \"\"friend\"\" is talking about the total interest paid being the only cost of a loan. While that is (almost) true, regardless of what your friend says, significantly more cash is involved in making sure that all the payments are made on time---unless you set up an interest-only loan. But with the set up laid out in this post, and with the assumptions I specified there, the principal payments must be included because the borrower has to pay back the bank and isn't not tying up any of their own money.  In that case, my initial analysis is correct--your breakeven is in the low teens for an annual required return.  The Second Proposal Your second proposal... before any edits... refined things a little bit, to try to capture the any possible returns by not selling something. As I indicated there, (with what was an exaggerating assumption), the lack of clarity makes for an outlandish required return.  The Second Proposal...with edits, or the one proposed above I will get to the one proposed above in a second, but first let me highlight a few problems with your friend's analysis.  Simple interest: the only place (in the US at least) that will lend with simple interest is student loans. Any loan that you actually take out will be compound interest.  Not an interest only loan: your \"\"friend\"\" is not calculating interest correctly. Since this isn't an interest-only loan, the principal balance will reduce every time you make a payment, by ~$320-$340 each month. This substantially reduces the total interest paid, to $272.79 over the total 24 months.  \"\"Returns\"\": I don't know what country, or what business your friend works in, but \"\"returns\"\" are a very ambiguous concept. Investopedia defines returns as gains or losses. (I wish I could inhabit the lala land that your friend lives in when returns are always positive). TheFreeDictionary.com defines a return for finance as \"\"The change in the value of a portfolio over an evaluation period, including any distributions made from the portfolio during that period.\"\"  When you have not made it clear that any other money is being used in this investment plan (as was the case in scheme #1 and scheme #2a,) the loan still has to be paid. So, clearly the principal must be included in the return calculations.  How to evaluate this proposed investment scheme Key dimensions: Loan ($8,000 ... 24 months ... 0.27% monthly rate... monthly compounding... no loan origination fees) Monthly payment (PMT in Excel yields $344.70). Investment capital (starting = $8,000) Monthly Return (Investment yields... we hope it's positive!)  Your monthly contribution from your salary Taxes = 10%. Transaction Fees = $20  Go and lookup how to build an amortization table for a loan in Excel. Your life will be infinitely better for it.  Now, you get this loan set up and invested into something... (it costs $20 to buy the assets).  So you've got $7980 chugging away earning interest. I calculate that your break even, with you paying in $344.70 of your own money each month is 1.81% annually, or 3.42% over the 24 month life of this scheme. That is using monthly compound interest for the payments, because that's what the real world would use, and using monthly compounding of the investments' returns.  Your total interest expense would be $272.79.  This seems feasible. But let's talk about what your other option is, given that you're ready to spend $344.70 each month on an investment.  Your other option  I understand the appeal of getting $8,000... right away... to invest in something. But the risk behind this is that if the market goes down (and markets do) you're stuck paying a fixed amount for your loan that is now worth less money.  Your other option is to take your $344.70, and invest it step-by-step. (You would want to skip a month or two buying assets in the market, so that you can lessen transaction costs). This has two advantages: (1) you save yourself $272 in interest. (2) When the market goes down, you still win.  With this strategy, you still win when the market goes down because of what is commonly called \"\"dollar cost averaging\"\". When the market is up, your investments are also up. When the market goes down, your previous investments decrease in value but you can invest new money at the lower rates.  Why the step-by-step, invest your own money strategy is better At low rates (when you're looking for your break-even), the step-by-step model outperforms the loan. At higher rates of return (~4% + per year), you get the benefit of having the borrowed money earning more gains.  In fact, for every continuous (meaning set... not changing month-to-month) interest rate that you can dream up that is greater than about 4% per year, the borrowed money earns more.  At 10% per year, the borrowed money will earn about $500 more over the 2 years than your step by step investment would.  BUT I recognize that you might feel like the market will always go up. That's what everyone thinks. And that's alright.  But have one really bad month, or a couple of just-not-great-months, and your fixed 'loan' portfolio will underperform. Have a few really bad months, and your portfolio could be substantially reduced in value... but you would still be paying the same amount for it each month.  And if that happened (say your assets declined -3% in 3 of the 24 months...) You'd be losing money relative to the step-by-step portfolio.\""}
{"text": " \"We change it every so often to reduce fraud. This is idiocy. They receive regular payments. They are asking the people who pay them to regularly change where their money is being sent. This increases their exposure to fraud dramatically as each time the account is changed, there is a risk it will be changed to an account they do not control. This is a huge red flag. Confirm that this is authentic and, if so, insist that they sign an agreement accepting all liability for the risks this crazy policy causes, otherwise, you should refuse to go through the effort of confirming new accounts and risking typing or communication errors on a regular basis. This is definitely a \"\"what were they thinking?!\"\" kind of thing. If it's not fake entirely. (This answer assumes that you were given a correct explanation, that they change it regularly believing that will reduce fraud.)\""}
{"text": " Didn't a recent UW study show exactly the opposite? And another from UC Berkeley found the unemployment rate was lower because of the law?  I mean, the seattle area has a 3.3% unemployment rate and restaurants employment, which was supposed to be hardest hit, is up."}
{"text": " You will need to register as self-employed aka sole trader (that's the whole point: pay taxes on income that you're not getting as wages from an employer, who would arrange PAYE/NI contributions), or set up a limited company (in the last case you would have the option of either getting paid as wages or as dividends \u2014 which one is better is a complex issue which varies from year to year). You'll find lots of advice on the HMRC website."}
{"text": " One point I don't see above: Consumer's Union (the nonprofit which publishes Consumer Reports) has a service where, for a small fee, they'll send you information about how much the car and each option cost the dealer, how much the dealer is getting back in incentive money from the manufacturer,  and some advice about which features are worthwhile, which aren't, and which you should purchase somewhere other than the dealer.  Armed with that info, you can discuss the price on an equal footing, negotiating the dealer's necessary profit rather than hiding it behind bogus pricing schemes. Last time I bought a new car, I got this data, walked into the dealer with it visible on my clipboard, offered them $500 over their cost, and basically had the purchase nailed down immediately.  It helped that I as willing to accept last year's model and a non-preferred color; that helped him clear inventory and encouraged him to accept the offer. ($500 for 10 minutes' work selling to me, or more after an hour of playing games with someone else plus waiting for that person to walk in the door  -- a good salesman will recognize that I'm offering them a good deal. These days I might need to adjust that fair-profit number up a bit; this was about 20 years ago on an $8000 car... but I'm sure CU's paperwork suggests a current starting number.) It isn't quite shelf pricing. But at least it means any haggling is based on near-equal knowledge, so it's much closer to being a fair game."}
{"text": " \"Yeah don't get me wrong, Fry's is great for their selection and their prices, but god forbid you need to get something from the back haha. I don't think they've spent a single cent for building upkeep at any location aside from \"\"keep water from leaking in\"\" since 1990, but if that means cheaper stuff for me, I guess I don't really care.\""}
{"text": " This is not just a Santander issue - 95% of ATMs globally run on XP (secondary source: http://www.theverge.com/2014/1/20/5326772/windows-xp-powers-95-percent-of-atms-worldwide). This is because of what has already been mentioned - the benefit does not outweigh the cost/inconvenience.  However, in the wake of the recent WannaCry ransomware attack, there are well-founded security concerns with relying on an unsupported operating system in such a widespread manner."}
{"text": " \"Would love to see it happen but unfortunately agree with you. There is already demand for a non-cable ISP but telecoms have dug in for the long fight and are actively fighting these out of existence.  Combine this with the fact that new media still needs to get it's content from somewhere and a ton of this content is owned by cable providers. They were willing to experiment with these new media sources when they were a tiny slice of the pie but now that new media is gaining mass market appeal, they want to massively overcharge for content to either a) drive the companies out of business or b) continue reaping their insane profits. The telecoms essentially have a monopoly and are using that to prolong the existence of dying businesses..  I see this playing out in one of several ways.  1. The government wises up and either breaks up the monopolies or allows internet to become available through other means (as a public utility or allowing these \"\"mom and pop\"\" ISP's to exist). Don't know about the rest of the world but it will be a while before this happens in the US.  2. New media providers find way to distribute and market independent content and rid themselves of at least one factor holding them back. Unfortunately most people don't seem to be interested in independent content. I would suspect this is largely due to these companies owning the vertical and telling you what you should watch as well.  3. These companies die a long slow and painful death at the hands of piracy at which point a sane and legal way of getting content is free to exist without being squashed out of existence.\""}
{"text": " I dont use it yet, but i am building a custom app to run our event staffing business (none of the off the ahelf stuff makes us happy), and we want the option to be able to blast a text to our people when needed, and also to allow them to opt into sms notifications. So i will be building that in.   since you asked for feedback, at 3 cents a text you will get no business. That is 4-5 times the going rate of providers like twillio and aws. The only way you add value is if you offer a small free tier (say 200 sms/month for free) or if you make it super easy for the customer. What i mean by that is, to use twillio or aws requures some development chops - ie, you have to connect to their api. Well, tons of business owners do t even know what that is, so if your service allows some non technical retail owner to collect a list of numbers, dump it into a simple box online (and save for later use) and then format a msg and click send, all from a clean browser experience, that would add value. But i also say that having done zero market research, who knows, such a service may exist already.  Anyways, curious what you thought someone would pay 3 cents a msg for?  Also, if you haven't yet, you should be looking at all of Amazons cloud offerings. If you are building anything technical, look at their Lambda product. It allows super cheap, serverless functions; basically you write the app, call it, and only pay for the time it runs. On demand, highly scalable, and you dont have to maintain a pricey server that might sit idle for houra at a time."}
{"text": " Okay thanks, let's hope it's a relatively painless process to correct my mistake!   Really odd that my 401(k)s are traditional, I was so sure they weren't.  Maybe it's better then to open up a traditional IRA alongside the Roth, use that for rollovers, and just kick a few bucks into the Roth on occasion?"}
{"text": " Advanced Cleaning Systems enjoys a growing reputation as one of the best carpet cleaners in Tryon, NC, as well as experts in Tyron rug and tile cleaning. Let our professional and skilled carpet cleaning team make your rugs and carpets look like new."}
{"text": " Yes, PayPal allows you to add a donate button to your website. You're responsible for any tax record-keeping related to income from the donate button."}
{"text": " \"It is the presupposition that makes this a rather ridiculous question. Makes me curious, would this be a civil or criminal crime? If you are convinced that this presupposition of illegality is a thing, talk to a lawyer. Yes, there may be consequences of doing any variety of actions while you owe the IRS, and while you do not owe the IRS. As an unincorporated business the IRS does not stop you from gaining an additional source of income to pay them with.  Perhaps lenders might not help you with capital. As an incorporated business no state is going to ask you if you \"\"owe back taxes\"\" before they allow you to pay them to register your business in their state. This isn't legal advice, I'm just assuming there is no legal advice to give based on your presupposition, to your original question, I'm going to go with no.\""}
{"text": " \"Not even sure what this is in reference to - I asked him what he specifically had questions about as \"\"pointers?\"\" is in and of itself as vague as it gets.  Regardless, if you had bothered to read the remainder of the chain, you would have noticed he replied (again, sans specific questions) and then I provided additional context.  What's it like being an internet tough guy? Kind of funny seeing someone make comments like this while also being so involved in something like reddit secret santa.\""}
{"text": " Being a professional auditor and accountant, deduction against expenses are claimed in the year in which expenses has been incurred. It has no relationship with when it is paid. For example, we may buy on credit does not mean that they will be allowed in the period in which it is paid. This is against the fundamental accounting principles."}
{"text": " HTS Direct Limited is the company that you should go to if you\u2019re looking for top-quality lifting and moving equipment. HTS Direct Limited has been widely known because of their commitment to delivering exceptional products and services to all their clients. If you are interested to know more about this company and their offerings, log on to their website - www.htsdirect.com."}
{"text": " It isn't Santander that's running XP, exactly, but that particular NCR machine.  Hasn't been upgraded because, presumably, they don't want to pay for the software.  That is, the actual ATM software running on top of Windows + drivers for the hardware.  I don't actually know what a full package costs, but I'm sure it's not cheap.  Modern ATMs--all the ones by major manufacturers, anyway--run some version of Windows.  For large ATMs like you'd see at drive ups in banks, there's a regular desktop-style PC inside.  Smaller ones often run CE on various flavors of all-in-one boards.  Source:  Bank equipment tech who fixes ATMs almost every day"}
{"text": " \"This stupid argument again? Testimonies explicitly explain how he was able to pass the blood tests. Don't you see how futile it is to argue that he has never doped just because he passed the blood tests when it is known that he can easily pass them? I'm not saying the lack of positive blood tests classifies as proof of guilt, but it certainly cannot be used to prove his innocence. Let's say you commit a crime and the police comb through the scene of the crime and find none of your fingerprints. Wouldn't it be stupid of you to argue \"\"You have not found any of my fingerprints at the scene of the crime, therefore I must be innocent!\"\"? You could easily have worn gloves. Likewise it was easy for Armstrong to pass the blood tests even if he was doping, therefore the fact that he passed isn't proof of his innocence.\""}
{"text": " A childhood friend just had his sentencing hearing the other day after pleading to robbing 2 banks 5 times over the span of 11 months.  He only cleared $34k and now he's going away for 7.5 years, best case scenario."}
{"text": " \"Even though this is really a psychology question, I'll try to give you an answer. You do nothing but stay away.  What's going on is too small to matter. Bernie Madoff took investor's money and scammed them for $15B. That's B, billion, 9 zeros (Yes, I realize the UK Billion has 12, these are US Billion). Harry Markopolos was on to him, and presented his evidence to the government, but \"\"No one would listen.\"\" In quotes because that's the title of the book he published on his experience. Even Barron's had an article suggesting that Madoff's returns were impossible. Eventually, it came to light. In my own experience, there was a mortgage acceleration product called \"\"Money Merge Account.\"\" It claimed to help you pay off your mortgage in a fraction of the time \"\"with no change to your budget.\"\" For two years or so, I was obsessed with exposing this scam, and wrote articles, nearly every week discussing every aspect of this product. Funny how even though mortgages are math that's pretty easy to explain, few sellers wanted to talk about the math. Using the same logic that you don't need to understand how a car works as long as you know how to drive. There were some people that would write to tell me I saved them the $3500 cost of that product, but mostly I argued with sellers who dismissed every word I wrote as if the math were incomprehensible to anyone but the software guys who wrote it. In the end, I had compiled a PDF with over 60 pages of my writing on the topic, and decided to call it quits. The product was recycled and now is sold as \"\"Worth Unlimited,\"\" but the software is the same.  This is all a tangent to your problem. It simply offers the fact that the big scam, Bernie, continued for a long time, and people who were otherwise intelligent, fell for his promises, and didn't want to believe otherwise. The mortgage software had many bloggers writing. Searching on the web found a lot of discussion, very easy to find.  People will believe what they wish. Tell an Atheist that God exists, or a believer that He doesn't, and your words will fall on deaf ears. Unfortunately, this is no different.\""}
{"text": " I don't see this as an issue with obamacare, but an issue with employers that have profits-above-all mentality.   Healthcare as a means of compensation was invented back to attract talent in the 30s when salary and wage were frozen during the depression. Now employer tied healthcare has outlived its usefulness and become an impediment to people who want to find better employment but can't afford to lose medical coverage.   While obamacare is no single player, i think it's a step in the right direction. not to mention that single player was a political DoA that no congressman who hopes to be reelected for another term would support. It's disheartening but healthcare form to the likes of single payer will be unsettling for many powerful, wealthy industries that would fight it with tooth and nail."}
{"text": " It is a good events here to get the full entertainment with our team building who gives you a target such as solving  puzzles inside the escape rooms . There are more activity here for your special fun. The Escape Rooms Palm Beach is so amazing place  in USA, Florida.  It is so excellent place for the couple and many individuals comes here to get real entertainment that would help the teammates. We corporate events west palm beach with a team building."}
{"text": " Let's say I have a large company with a sub-unit which accounts for 40% of their revenues. The company is traded at a foreign stock exchange, but have the sub-unit that is located domestically. The beta of the company can be easily found online or calculated manually. How do I determine the beta of a sub-unit of a multinational company?"}
{"text": " IMHO these people need to understand finance.  I think Dave Ramsey is the best for this kind of situation.  They need their butts kicked.  What kind of parent spends money on playing cards when they have a child and not a place of their own?  Answer:  Parents that needs to grow up.   Most of all they probably have an income problem.  I would assume that the husband stays at home because he does not earn enough to justify quality child care.  Okay how about he cares for a few other kids and turns watching one kid into an income stream?  Duh? Giving them money will only hurt them in the long run.  They are holding onto childhood, avoiding becoming adults.  No amount of money you can give them will dig them out of their rut, in fact it may only prolong it.   MTG is an intellectual game.  If he spent half as much brain power on earning a living, the could probably be well off, and earn enough to have a tidy budget for gaming.   Sorry Yamikuronue, but I disagree with your first comment."}
{"text": " I work as a fb ad freelancer, so many people buy from fb. What makes fb ironic is that nobody logs in and says 'ah time to buy some shoes'. But with good content and a nice funnel, lots of brands are selling."}
{"text": " According to the government website, the answer appears to be no in terms of personal income. However you may want to anyway to start creating RRSP contribution room as well as possibly qualify for GST/HST credit. If your business is registered you are going to be required to file a tax return for it (and if it is a sole proprietorship then you would be required to file a T1 regardless). When all is said and done, it seems that it's probably better to file rather than not file; even if you pay no income tax at least you are sure you won't receive a nasty letter from Revenue Canada in the future :)"}
{"text": " First I would be very careful using a short ETF.  There could be some serious tracking error, especially if its levered.  Second, when it comes to forex you are in the world of PIPS and high leverage.  You would need to have significant capital to be able to hold out the swings as banks do their interventions.  Plenty of people have been short waiting, and waiting, and waiting, unless you think you know something the market doesn't this seems like a pretty high risk strategy.  I'd suggest buying options instead, but they will be expensive given the volatility."}
{"text": " Yes it is. The government already controls the banks. The fed sets reserve amounts. It is about 20% but they can make it 99% if they wanted. A bank that doesn't meet its reserves loses its charter and is seized. I believe it is Office of Thrift Supervision or something. The president appoints the Fed chairman and congress oversees the Fed. The Fed gives 90%+ profits to the Treasury."}
{"text": " You cannot. Even if your children actually have that money - your fiduciary duty is to them, not to yourself. You cannot gift away money they own for your own purposes. They have to want to gift it away, since it belongs to them. I doubt they do, or they should. Since you have to have their best interests in mind - you shouldn't allow them gift away such amounts even if they're willing to. Doing otherwise will be a criminal act on your behalf (embezzlement/breach of fiduciary duty). Do talk to an attorney of course, since I'm not. But that is my understanding of things. If your kids don't actually have the money, then they can obviously not gift it, so claiming that they did would be a tax fraud."}
{"text": " Not sure if this is possible... It is possible! It is called a balance transfer card and most of the major credit card companies offer them. It is possible to save a significant amount on interest during the grace period. However... Is this a viable option? Not really. Any card will charge you an upfront fee of 3% to 5% of the balance you are transferring. This really only buys you some time in case you are about to fall behind on payments. For many people it's just a way to shuffle around debt, digging themselves a little deeper into consumer debt with each transfer."}
{"text": " Valid point that if you only have cliche phrases you're going to be useless, and some of these are pure idiocy, but that doesn't mean that managers should go out of their way to avoid using any cliche ever. Sometimes they're the correct phrase or idea for a particular situation."}
{"text": " EU and North America long term strategy is to tell Russia that it doesn't get to do whatever the hell it feels like (I.e. taking crimea).  EU and North America long term strategy is to lower EU dependence on Russian gas, and possibly fond a way to increase imports of Canadian or US gas.   Now, I'm not saying this whole thing isn't stupid. In many ways it is. Indeed Ukraine should have stuck with Russia (they are not in the position to join EU). However, due to circumstances it happened.   I fully agree that it will hurt everyone, but it's going to (and has) hit Russia much harder than many Russians care to admit."}
{"text": " Before starting with investing, you should make sure you are saving enough.  Living in a welfare country (France) does not exempt you from potentially needing to save large amounts of money. You state that you do not need much of an emergency day fund, but this is not true.  Being dismissed unjustly from your job is not the only way to become unemployed and not all roads lead to unemployment pay.  Being fired for cause or leaving your job voluntarily are two work related causes that will leave you without an income source.  Unexpected major expenses are another reason you might need to dip into your emergency fund. If your emergency fund is in order, the next thing to investigate is your pension and saving for retirement.  In a country with a strong pension system, you need to check how comfortable you are with its sustainability (Greece anyone?) and also whether it will adequately meet your needs.  If not, there are no 401ks or IRAs in France, but there is a relatively new personal supplementary pension plan (PERP) that you might investigate contributing to. If you're comfortable with your emergency fund and your retirement savings, then preparing for buying a house is likely your next savings goal.  A quick search shows that to get a mortgage to buy a house in France, banks will commonly require a downpayment of 20% plus various closing costs.  See for example here.  This is 40,000+ euro for a 200k euro house, which will take you several years at the rate of 500 euro / month.  France has special plans (Plan d\u2019Epargne Logement) with tax-exempt interest for saving up for a house that you might want to investigate. In your other question, you also ask about buying a cheap car.  As you get older and possibly start a family, having a car will likely become more of a necessity.  This is another goal you can save for rather than having to take a loan out when you buy one."}
{"text": " I've been stuck in that situation for 10+ years.  Now with rent being so high even with roommates it still is crazy, you really need to keep pushing to make more money if you stagnate like I have you'll regret it."}
{"text": " My opinion is to hold off. I don't see housing market rising anytime soon, possibly even going lower, so you don't have to worry about getting in before it rises. Pay off the credit card debt, maybe even earlier if possible, then that flexibility will be there, the divorce proceedings may have an end in sight, and therefore you'll know more about any outcomes from that. The economy is still shaky, the flexibility of renting may come in real handy."}
{"text": " Overall I think your idea is sound. The key here is to  choose that 401k provider wisely and have a specific asset allocation plan (like Joe mentioned) Summary of this approach: Pluses:  Minuses: I'd consider Vanguard for simple, no frills investing. If you're looking to get into choosing stocks, check out the Motley Fool."}
{"text": " Per Md. REAL PROPERTY Code Ann. \u00a7 8-203: (d)      (1)      (i)      The landlord shall maintain all security   deposits in federally insured financial institutions, as defined in \u00a7   1-101 of the Financial Institutions Article, which do business in the   State. (ii)      Security deposit accounts shall be maintained in branches of the financial institutions which are located   within the State and the accounts shall be devoted exclusively to   security deposits and bear interest. (iii)      A security deposit shall be deposited in an account within 30 days after the landlord receives it. (iv)      The aggregate amount of the accounts shall be sufficient in amount to equal all security deposits for which the   landlord is liable. (2)      (i)      In lieu of the accounts described in paragraph (1) of this subsection, the landlord may hold the security   deposits in insured certificates of deposit at branches of federally   insured financial institutions, as defined in \u00a7 1-101 of the Financial   Institutions Article, located in the State or in securities issued by   the federal government or the State of Maryland. (ii)      In the aggregate certificates of deposit or securities shall be sufficient in amount to equal all security   deposits for which the landlord is liable. As such, one or more accounts at your preference; it's up to the bank how to treat the account, so it may be a personal account or it may be a 'commercial' account depending on how they treat it (but it must be separate from your personal funds).  A CD is perhaps the easiest way to go, as it's not a separate account exactly but it's easily separable from your own funds (and has better interest).  You should also note (further down on that page) that you must pay 3% interest, once per six months; so try to get an account that pays as close as possible to that.  You likely won't get 3% right now even in a CD, so consider this as an expense (and you'll probably find many people won't take security deposits in many situations as a result)."}
{"text": " \"It is important to distinguish between cause and effect as well as the supply (saving) versus demand (borrowing) side of money to understand the relationship between interest rates, bond yields, and inflation. What is mean by \"\"interest rates\"\" is usually based on the officially published rates determined by the central bank and is referenced to the overnight lending rate for meeting reserve requirements.  In practice, what the means is, (for example) in the United States the Federal Reserve will have periodic meetings to determine whether to leave this rate alone or to raise or lower the rate.  The new rate is generally determined by their assessment of current and forecast national and global economic conditions and factors in the votes of the various Regional Federal Reserve Presidents.  If the Fed anticipates economic weakness they will tend to lower and keep rates lower, while when the economy seems to be overheated the tendency will be to raise rates. Bond yields are also based on the expectation of future economic conditions, but as determined by market participants.  At times the market will actually \"\"lead\"\" the Fed in bidding bond prices up or down, while at other times it will react after the Fed does.  However, ignoring the varying time lag the two generally will track each other because they are really the same thing.  The only difference is the participants which are collectively determining what the rates/yields are. The inverse relationship between interest rates and inflation is the main reason for fluctuating rates in the first place.  The Fed will tend to raise rates to try to slow inflation, and lower rates when it feels inflation is too low and economic growth should be stimulated.  Likewise, when the economy is doing poorly there is both little inflationary pressure (driving interest rates down both in terms of what savers can accept to keep ahead of inflation and at) and depressed levels of borrowing (reduced demand for money, driving down rates to try to balance supply and demand), and the opposite is true when the economy is booming. Bond yields are thus positively correlated to inflation because during periods of high inflation savers won't want to invest in bonds that don't provide them with an acceptable inflation adjusted yield.  But high interest rates tend to have the effect or reining in inflation because it gets more costly for borrowers and thus puts a damper on new economic activity. So to summarize,\""}
{"text": " I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [Under Armour\u2019s terrible year just got worse](https://www.reddit.com/r/talkbusiness/comments/79z42k/under_armours_terrible_year_just_got_worse/)  &amp;nbsp;*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*"}
{"text": " From WePay (GoFundMe's payment processor) support. I received only gifts and donations.  Will I receive a Form 1099-K?   As of 2015, the IRS has clarified that WePay is not required to send    a Form 1099-K with respect to payments that are made solely as gifts   or donations.  The purpose of Form 1099-K is to report payments for   the provision of goods or services, which may be subject to tax.   Gifts and donations typically are not reported as income by recipients,   so it is not necessary to send them a Form 1099-K.   https://support.wepay.com/hc/en-us/articles/203609483-Tax-Reporting"}
{"text": " &gt;*It's a reminder that you can't suspend the laws of economics. You can't print money to pay for things without creating inflation. And you can't stop that inflation just by saying you want it to. But not only will this magical thinking fail, it will also create new and even worse problems like shortages.*  &gt;*Capitalism is the worst economic system except for all the others.*  Cross-post from /r/MAConservative"}
{"text": " &gt; Buffet could easily take the lead here by starting a company solely dedicated to paying off people's mortgages using his own money.  If he is right that would only fix a few symptoms of the problem and only for a short time.  The corrupt system would quickly overwhelm his actions."}
{"text": " Half A Rice studio is the photo studio situated in the Houston, Texas provide the services of photo shoot for bridal, engagement and family photo also.  It is also provide the service of Houston Wedding Vendor . It provide the best wedding vendor services with the best amenities and in the your pocket friendly budget."}
{"text": " They are already indirectly paying these expenses.  They should be built into your rates. The amount per job or per hour needs to cover what would have been your salary, plus the what would have been sick, vacation, holidays, health insurance, life insurance, disability, education, overhead for office expenses, cost of accountants...and all taxes. In many companies the general rule of thumb is that they need to charge a customer 2x the employees salary to cover all this plus make a profit. If this is a side job some of these benefits will come from your main job. Some self employed get some of these benefits from their spouse.  The company has said we give you money for the work you perform, but you need to cover everything else including paying all taxes. Depending on where you live you might have to send money in more often then once a year. They are also telling you that they will be reporting the money they give you to the government so they can claim it as a business expense. So you better make sure you report it as income."}
{"text": " Yes, I know this sort of breaks our no-politics rule but this stuff transcends politics really, this is the basic idea of the internet they're trying to take away from us here, and this will deeply deeply affect internet businesses (which, aren't most big businesses internet businesses at this point?), so when fight for the future contacted us I just had to make an announcement."}
{"text": " You are correct. She cannot claim the initial loss of $1,000 on her taxes, she can only report the $500 profit. However, the IRS does allow her to add the $1,000 loss to the basis cost of her replacement shares. e.g."}
{"text": " Hits to your credit rating for canceling one of the newer cards will be a small hit for a few months.  You do have some options.  I also believe that a person with good credit should have multiple cards: I like having a cash back card for the majority of our transactions. Unfortunately that card isn't accepted everywhere, so I have two other cards with broad market coverage to make sure we always have an option if the vendor doesn't take the main card.  Also having multiple cards makes sure that if there is an issue with one card you are never caught without a card. One time the main card was rejected by a gas station because my wife just used the same account to buy gas across town. When we got home their was a fraud alert message on our phone."}
{"text": " \"Another consideration is that you are going to wind up with money in the \"\"regular\"\" 401(k) no matter which one you contribute to.  The employer match can't go into the Roth 401(k). So all employer matching funds go in with pre-tax dollars and will be deposited in a normal 401(k) account. Edit from JoeTaxpayer - 2013 brought with it the Roth 401(k) conversion the ability to convert from the traditional pretax side of your 401(k) account to the Roth side.\""}
{"text": " As deep as the next guy's i suppose. Just to be clear, i want to take most of the money away from the elite and use it to fund education, healthcare, and opportunities. End the drug war. Ya know, things that make logical sense."}
{"text": " Now I'm trying to decide whether to find a managed fund, or use Vanguard ETFs. With a new trading account I can keep at least the initial move free of transaction charges, but ongoing additions would cost me the standard fee. I may want to move half of those funds into a mortgage deposit in a year. (maybe?) Most ETFs, like the stock market, exhibit significant volatility and, over short periods of time, substantial down-side risk. In other words, there is a significant chance that the value of your investment will be worth substantially less in a year from now. The likelihood of this being the case in, say, 10 years from now is much lower, and vanishingly small for a diversified portfolio. If you aren't confident you'll at least have the option of keeping most of your money invested for over a year, consider that the stock market may not be right for you, at least not as an investment vehicle. Regarding the things you'd like to learn; as the commenter said - that's a huge topic and I think you need to clarify your questions."}
{"text": " IMO anti-trust needs to protect both consumers and competitions. Without protecting competitions it will hurt consumers in the long run.       Monopolies are glaring in the tech world and some tech companies unfairly used their information flow in addition to monopoly power to crash/buyout their competitions or to cockblock their competitors from acquisitions."}
{"text": " The easiest options appear to be to open an account with one of the large multinational banks like Citi. They have options such as opening two separate checking accounts, one in each currency, and Citi in particular has an international account that appears to make mutli-currency personal banking easier. All of the options have minimum balance requirements or fees for conversion, but if you need quick access this seems to be the best bet. Even if this is a one-time event and you don't need the account, a bank like Citi may be able to help you cash the check and get access to the funds quicker than a national or local bank. http://www.citibank.com/ipb-global/homepage/newsite/content/english/multi_cap_bank_depo.htm Alternatively if you know anyone with a US bank account you can deposit it with them and take the cash withdrawal from their account, assuming they agree, the check isn't too large, etc."}
{"text": " Sorry man, for most finance jobs you are to old for an entry level positions. Firms would much rather give it to a guy fresh out of college (and there are plenty of them) then a 27 year old with no relevant experience.  That being said, there are some areas in finance that are less strict about this, so if you are willing to start at the bottom with a bunch of 22 year olds you have a chance."}
{"text": " &gt; \u201cIf the [Black-Scholes] formula is applied to extended time periods\u2026.it can produce absurd results.\u201d  &gt; -Warren Buffett, 2008 Letter to Berkshire Hathaway Shareholders  I will give your question more thought, and come back with a quantitative solution. It may be most fruitful to apply a backward-induction options pricing model with detailed scenario-based discounted cash flow valuation models supported by pro forma financial statement and investment analysis.    Nonetheless, my initial reaction is inline with Warren Buffett's belief that in the long-run an assumption of the Black-Scholes options pricing model is invalid (see [here](http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.613.1657&amp;rep=rep1&amp;type=pdf) and [here](http://www.elon.edu/docs/e-web/academics/business/economics/faculty/kurt/OptionValuationBuffetCritique_123113.pdf)). The perceived invalid assumption is that the distribution of expected future stock prices is *not* log-normal in the long-run. This non-log-normal view is especially true for a single company stock.   This invalid assumption results in over-valuation of options prices from Black-Scholes - which makes it much better to sell long-term options than to buy them if market participants are using Black-Scholes pricing models.  Again, without having done the math yet, my gut tells me if the option seller is using Black-Sholes pricing for long-dated options, you would be best to avoid buying them as the prices will be inflated compared to an economic reality fair price."}
{"text": " There are a number of ways someone acquires assets without buying it. People could have inherited assets. They could have been gifted assets. They might have won assets in a lawsuit (unlikely to be a mall, but not impossible). They could have married into the assets. So there's other ways of acquiring assets without purchasing them."}
{"text": " AC  Repair in Hyderabad.You can enjoy more benefits on spare parts and accessories. We are having experienced technicians across different branches. We will be available in any season to give you better service. Our super expert technicians will find out the root cause of the problem and diagnose it. We provide service for not only Carrier AC but also other companies ACs also. You can contact to the below numbers to get your AC repaired.ph no: 040-60506610, 60506611, 60506622."}
{"text": " On the other hand when you hire the laundry service, you can steer clear of all such type of hassles and can focus on other imperative tasks that need more attention while staying assured that you will get your dirty clothes washed and ironed perfectly by the professionals."}
{"text": " Commissioned sales is dead. It might have worked when consumers were beholden to retailers for product knowledge and pricing, but now everyone can pull out their phone and understand the product, its competition, and know the lowest price in minutes."}
{"text": " \"There are basically two ways to get value out of an appreciating asset such as a home: (a) Sell it and take the profit. In the case of a home, you presumably still have to live somewhere, so unless you buy a cheaper home to replace it, this doesn't get you anywhere. If you can get another house that is just as nice and in just as nice a location -- whatever you consider \"\"nice\"\" to be -- than this sounds like a winning option. If it means moving to a less desirable home, then you are getting the cash but losing the nice home. You'll have to decide if it's worth it. (b) Use it as collateral for a loan. In this case, that means a second mortgage, home equity loan, or a home equity line of credit. But this can be dangerous. House prices are very volatile these days. If the value of the house falls, you could be stuck with debts greater than your assets. In my humble opinion, you should be very careful about doing this. Borrowing against your house to send the kids to college or pay for your spouse's life-saving operation may be reasonable. Borrowing against your house to go on a fancy vacation is almost surely a bad idea. The vacation will be over within a couple of weeks, but you could be paying off the debt for decades.\""}
{"text": " You could also switch to CreditKarma to file taxes, it's 100% free and just launched. I'm not affiliated with them, just bringing up an alternative."}
{"text": " \"Well, perhaps \"\"have a dedicated tax advisor\"\" is an answer then. I   wouldn't have thought of this, as it's not specifically about   taxation, is it? Or more broadly \"\"consult with a dedicated   professional for the situation in detail\"\"... Yes, that is the only real answer you can get. Anything else will vary between highly localized to entirely incorrect. Pensions are rarely defined benefit anymore, and not many countries still keep state-sponsored defined benefit pension plans. For most, what's left is Social Security system, which is in no way a pension. This is an insurance, and is paid as tax which is rarely refundable (but you won't always have to pay it if you're a foreigner in the country). Usually, Social Security benefits are only available to citizens and (/or, in some rare cases) residents of that country. So it is unlikely (although possible) that you'll benefit from social security payments of more than one country. Some countries have totalization treaties that make your social security payments in one count in the other. If you're in a country that has such an agreement with the Netherlands - you're lucky. Your personal pension savings are basically tax-deferred investment accounts. But tax deferral in one country doesn't necessarily work in another. In the US you have 401k or IRA accounts, but in your own country they may very well be taxable. So you gain the tax deferral in the US, but if your own country taxes them - you lost the benefit, and you will still have to abide by the US tax rules when taking the money out. If you don't plan properly you can easily be hit by double taxation in such cases. Bottom line, you need to plan your pension savings on your own, privately, with a good and solid tax advice (and pension planning advice) that would be relevant to all the countries that you are tax resident at at any given time (you can easily be resident for tax purposes in more than one country). These advisers have to take into account the laws of the countries involved, the tax treaties between themselves and between them and the country of your citizenship,  and the future countries you're planning on visiting or getting old at. Its complicated, and most likely you won't be able to predict everything, especially because the laws and treaties tend to change over time.\""}
{"text": " I talk about this subject on my blog on investing, I share everything that has worked for me personally and that makes sense. I would say the ideal investment would be to continue the entrepreneur route.  Just make sure you have a clear plan and exit strategy. For me it's all about passion, I love blogging about personal experiences with life, money, and anything that affects our lives.  Find something that you would talk about whether you were paid or not and create a business off of it. You'll never work a day in your life because you love it."}
{"text": " The issue is should you get one large policy or several smaller policies. Multiple polices have flexibility becasue if the need goes away you can drop the policy. The problem with multiple small policies is that there is overhead that you pay for multiple times. Assume that you want 100K coverage and are age x. That policy will cost you a certain amount based on a base amount plus a percentage of the coverage. The percentage is based on age, sex, smoking, health. If you double the coverage the price doesn't double becasue the base amount is constant. This base amount covers the cost of setting up your policy and maintaining the records and billing.  Keep in mind that the coverage you are asking about is not the mortgage insurance the lender makes you purchase when you have a small down payment. You are asking about a policy to cover your debts and still provide money for survivors. Go with your current agent company and ask them to run the numbers: new additional policy, increasing amount of current policy. Go with what meets your needs. Buying a house is one of those life events where you should review your insurance and retirement needs, and adjust accordingly."}
{"text": " That is a decision you need to make, but some of the pros and cons you could consider to help your decision making include: Pros: If bought at the right time in the property cycle and in a good growth area, it can help you grow your net worth much quicker than having money in the bank earning near zero interest. You would be replacing rent payments with mortgage payments and if your mortage payments are less than your current rent you will have additional money to pay for any expenses on the property and have a similar cashflow as you do now. You will be able to deduct your interest payments on the mortgage against your income if you are in the USA, thus reducing the tax you pay. You will have the security of your own house and not have to worry about moving if the landlord wants you out after your lease expires. Cons: If bought in a bad area and at the top of the property cycle you may never make any capital gains on the property and in fact may lose money on it long term. If the mortgage payments are more than your current rent you may be paying more especially at the start of your mortgage. If you buy a house you are generally stuck in one spot, it will be harder to move to different areas or states as it can cost a lot of money and time to sell and buy elsewhere, if renting you can generally just give notice and find a new place to rent. Property maintenance costs and taxes could be a drain on your finances, especially if the mortgage repayments are more than your current rent. If your mortgage payments and property expenses are way more than your current rent, it may reduce what you could be investing in other areas to help increase your net worth."}
{"text": " I hear what you're saying @mgibbons. It's just that how much they're paid shouldn't really be an issue. Poor customer service seems to be why they're about to get replaced by these turnstyles.   Be nice. Save your job. (Even in situations where entitled, snobbish people are arguing and giving you a hard time.) Yes, travelers can be more civil. Yes, gate attendants can be nicer. Yes, we all have to treat each other better."}
{"text": " Wrong sub. You're looking for /r/personalfinance   &gt;will freezing just that credit report hurt them in any way?  No, but it will help prevent an identity thief from wrecking your credit.   &gt;Can I still get a loan with only one of the three frozen?  Depends, but yes. You should freeze your credit at all 5 credit bureaus for personal financial protections."}
{"text": " The snide answer is because they can. The psychological answer is that it drives loyalty. Because you have spent money on the membership, you are more likely to go back several times in the year in order to get your money's worth. Once you are in the store, impulsiveness can have its way with you, as you leave the store with a cart full of items that you didn't know you needed until you saw their low price."}
{"text": " &gt;The European economy was not utterly doomed before the Euro, therefore the fall of the Euro does not doom their economy.  UTTERLY DOOMED and DOOMED are two entirely different things.  The former is a quasi-permanent state of affairs (decades upon decades) the latter a temporary one (albeit possibly several years)."}
{"text": " \"Apple's share of the US smartphone market is 34%. It is consistently #1 or 2 in most markets, shy of Asia that has super competitive smartphone options.   Apple is also sitting on stacks, and stacks, and yet more stacks of cash.  Believe me, I love Tesla and hope to see them do well. At this point they are riddled with debt, yet to turn a profit, have a paltry market share and are leveraging all of this yet again with another round of debt funding. Their entire business model is built on government subsidies.  Sorry, Tesla hasn't proven a damn thing in terms of establishing them as an automotive power and they have a LONG way to go. Neat ideas, pretty good execution, but seriously enough with saying we should just \"\"make new metrics\"\" for a company because they continually under-perform.\""}
{"text": " \"good vs \"\"bad\"\" debt in the context of that post. At least in the UK this can be a good tactic to reduce the cost of credit card debt. Some things to consider\""}
{"text": " I have had it two way now: I got pre-approval from my credit union which just so happened to be one of the bigger vehicle lenders in the metro area.  What I found out was that the dealership (which was one of the bigger ones in the metro area) had a computer system that looked up my deal with the credit union. Basically, I signed some contracts and the CU and the dealership did whatever paperwork they needed to without me. I bought a used car and drove it off of the lot that night, and I didn't ever go back (for anything financial) Both my wife and her sister received blank checks that were valid up to a certain amount.  In the case of my sister in law, she signed the check, the dealership called to confirm funds and she drove off. In the case of my wife, she ended up negotiating a better deal with dealer finance, but I was assured she only had to sign the check, get it verified and drive the car home."}
{"text": " Google Finance gives you this information."}
{"text": " my nine year old will pretty much have a tantrum if told he has to eat there (usually only at the airport for breakfast). He was iffy on the whole concept until one day when i got him a pancake sausage muffin breakfast thingy... it sealed the deal. He wouldn't even go for the lego movie themed cups after that."}
{"text": " You don't need to submit a K-1 form to anyone, but you will need to transcribe various entries on the K-1 form that you will receive onto the appropriate lines on your tax return.  Broadly speaking, assets received as a bequest from someone are not taxable income to you but any money that was received by your grandmother's estate between the time of death and the time of distribution of the assets (e.g. interest, mutual fund distributions paid in cash, etc) might be passed on to you in full instead of the estate paying income tax on this income and sending you only the remainder. If so, this other money would be taxable income to you.  The good news is that if the estate trust distributions include stock, your basis for the stock is the value as of the date of death (nitpickers: I am aware that the estate is allowed to pick a different date for the valuation but I am trying to keep it simple here).  That is, if the stock has appreciated, your grandmother never paid capital gains on those unrealized capital gains, and you don't have to pay tax on those capital gains either; your basis is the appreciated value and if and when you sell the stock, you pay tax only on the gain, if any, between the day that Grandma passed away and the day you sell the stock."}
{"text": " \"The bottom line is that you can decide whatever you want to do.  It is good of you to get everything in writing.  What happens if she decides to move to a different city?  What happens if she also wants to be bought out?  It should also include contingencies for your husband and yourself.  God forbid anything negative happens, but what happens if you two get divorced?  Does your husband want to be an agreement with your sister if you pass away? There does not seem to be any math to do in this case.  While she is paying the lion's share of the payment, she is also receiving the benefit of having a place to live.  It is unlikely that she can rent an equivalent place for anything close to 1400/month.  I would estimate it would be at least 1800/month to rent an equivalent property. So she put no money down, and she is paying below market \"\"rent\"\" to live somewhere.  Many people would be happy to have $400/month off and handle their own repairs (let alone you still kicking in half).   Now all that said, if you want to give her some equity based upon generosity or the desire to give her some dignity, then you are free to do so.  Perhaps 10%?\""}
{"text": " I came to the comments feeling the same way, but a number of active sellers are saying this doesn't affect them that much. It may be a factor of threshing out casual sellers who generally provide a poor experience from professional sellers who are able to manage the policy change.   Mind you, that's a very broad brush - I'd love to have access to numbers and do some analysis on how sellers are really affected. It might be that very commercial sellers do okay, while casual (but professional &amp; responsive) sellers are hurt. Or perhaps there are certain types of products that will be hurt worse than others."}
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{"text": " Many people, especially with lower income/skill/education, have poor money management skills to the point where they will not be able to ration their money for a full month. If the payment schedule is reduced to weekly or bi-weekly it becomes easier for such people to make non-discretionary payments."}
{"text": " \"&gt; In Germany most terror attacks are made by right-wing guys who want to save Germany from the muslim terrorists   That's absolutely not true. You know that! Please tell me about the recent right-wing \"\"terror attack\"\" against **civilians** in Germany! Also, how many terror attacks were done by Muslims at the same time against **civilians**? (I am not pro far-right wing people, but they are not the level of Muslims.)  **Hey! Did you just say hate speech about right-wing guys? Are they terrorists?**  &gt; So the problems comes fron people saying things like you did: Muslims are terrorists. Taking a group as a whole and given them an attribute. If you say americans are fat idiots you say all of them   Repeating over and over that if someone says \"\"group X does such and such\"\" means that all members of the group do it will not work.   You just said: \"\"*most terror attacks are made by right-wing guys*\"\" and also \"\"*americans are fat idiots*\"\"  I say \"\"terrorist attacks are carried out by Muslims\"\" (I did not say \"\"Muslims are terrorists\"\") and the Swedish old lady said \"\"Muslims shit in the street and burn cars\"\".  Only the \"\"*americans are fat idiots*\"\" implies that ALL Americans are fat and are also Idiots. Do you understand why? If not, I will explain further. **Do you think I think all Muslims are terrorists?**  &gt; heres a link to the sweden Problem  No thanks! I don't needs stats from a Swedish source. Here are the stats from a [non-Swedish source](https://en.wikipedia.org/wiki/Crime_in_Sweden): Crime is up a lot. Why?  One quote: \"\"**In januray 2017, the the L\u00f6fven Cabinet denied the request from member parliament Staffan Danielsson to update the BR\u00c5 statistics on crime with respect to national or immigration background of the perpetrator, as had previously been done in 1995, 2005 but the 2015 was overdue.**\"\"  &gt; Your Right about the nazis though. Ignoring isn't helping. Sadly I have other fights to fight ...  You have other more important fights? Like to fight \"\"haters\"\" of Muslims?   Anyway, my question was:  &gt; **As you know, Nazis hate Jews despite Jews being one of the best and most contributing groups in society throughout history. Would you defend Jews being criticized by Nazis? If you do, do you realize what you just did?**\""}
{"text": " You fully support the free market.   Good for you. I support the worker over the corporation. What the fuck is the point of having a job(s!) which don't support you? You can go on and on about market equilibrium or whatever. Flat out I support raising the minimum wage. I support ending corporate welfare. I think this country has the means to support anyone willing to work as hard as her to make sure she and her kids have the very basics.   Define value for me.... Not everyone worships money or the 'free' market. I get what sub were on. Maybe you're a super practical person. But try and imagine you have her life. No life is not fair, slavery wasn't fair but humans tried to put an end to that. If you think it's ok for this to be how it is, we have nothing to speak further about.   And to your hypothetical- no I cannot come up with a number, congratulations. Bet if you went over to personal finance, gave them a location for this hypothetical, they would come up with a smaller range of numbers than you think. Also the argument that a teenager doesn't need to be paid a living wage is ridiculous. It's the exact argument that's been used to under pay women.   Maybe empathizing on this scenario is beyond you."}
{"text": " Check use is declining here too, but it still has some practical advantages over electronic means:"}
{"text": " \"Wow, this analysis really surprised me. Very complete and useful, but i think my teacher request was easier. He just said: \"\"Try to build a diversified portfolio. Then try to add a commodity (like silver or gold) and understand how the risk vary introducing an asset like this.\"\" So, i'm basically making a stocks portfolio and i'm calculating its expected return and risk. (for example 40%FB, 10%JNJ, 20%GS, 10%F and 20%MCD) then i'm adding GLD (so now i have something like 20%FB, 10%JNJ, 10%GS, 10%F and 20%MCD 30%GLD) and i'm actually making an excel spreadsheet where i calculate all the: -Expected returns -St Deviation -Covariance  At the end i compare the returns and the risks on the 2 different portfolios.\""}
{"text": " Not sure how your companies bonus structure is setup but bonuses are typically based on performance. Commission drives sales people to sell more but once you get to a certain threshold you may find that a sales person is earning enough to quench their hunger for more so their drive may diminish somewhat. Bonuses help bridge that gap e.g. you get $NN bonus at the end of the year if you sell $YY by the end of the year. This helps ensure the company to reach it's financial goals so the people who make the products can still get paid.   EDIT: I don't agree that a company should make bonuses par for the course. If the company is not doing well, no-one should get bonuses."}
{"text": " So, what they are saying is that the currently happy crop of employees will all be gone in less than a year, to be replaced by morons who live to work, rather than work to live, and who can be relied upon to be miserable and do bad work in perpetuity."}
{"text": " why should I have any bias in favour of my local economy? The main reason is because your expenses are in the local currency.   If you are planning on spending most of your money on foreign travel, that's one thing.  But for most of us, the bulk of our expenses are incurred locally.  So it makes sense for us to invest in things where the investment return is local.   You might argue that you can always exchange foreign results into local currency, and that's true.  But then you have two risks.  One risk you'll have anywhere:  your investments may go down.  The other risk with a foreign investment is that the currency may lose value relative to your currency.  If that happens, even a good performing investment can go down in terms of what it can return to you.  That fund denominated in your currency is really doing these conversions behind the scenes.   Unless the bulk of your purchases are from imports and have prices that fluctuate with your currency, you will probably be better off in local investments.  As a rough rule of thumb, your country's import percentage is a good estimate of how much you should invest globally.  That looks to be about 20% for Australia.  So consider something like 50% local stocks, 20% local bonds, 15% foreign stocks, 5% foreign bonds, and 10% local cash.  That will insulate you a bit from a weak local currency while not leaving you out to dry with a strong local currency.   It's possible that your particular expenses might be more (or less) vulnerable to foreign price fluctuations than the typical.  But hopefully this gives you a starting point until you can come up with a way of estimating your personal vulnerability."}
{"text": " \"Most people cannot use pgp/gpg and setting it up would, in order to do that correctly, require voice fingerprint verification. Don't. Just write a word doc and either encrypt it when saving using the \"\"save as\"\" function or encrypt it using zip and email that to them. Then call them and tell them the password. Done.\""}
{"text": " Putting your money in the same account as a parent could cause many problems, with very few benefits. One of you would have to claim the dividends and capital gains that the fund might earn during the year. That person might have to pay taxes on those earnings. You would have to find some way of figuring out how to split the costs, and somebody would have to reimburse the other. If one person wanted to sell, figuring out which shares to sell would be much more complex. If these are retirement accounts, which have maximum limits based on income, and the use of other retirement accounts, there is no way to co-mingle the funds. Even if it was possible to combine the funds, the reality is that two people decades apart have different investment goals, and risk tolerances, so the types of investments that a great for one, are very poor for the other. The only benefit is that an existing account would already have more than the minimum investment, so some investments would be easier to make. Also some investments have lower fees if you meet specific investment thresholds. If the fund increases in value by 10% in a year, it doesn't make a difference if the value at the start of the year was 10K or 100K. The rate is the same. The benefits are minor and few; the drawbacks are many; and some situations make it impossible to co-mingle the funds."}
{"text": " **Retail apocalypse**  The retail apocalypse refers to the closing of a large number of American retail stores beginning in 2016. Over 4,000 physical stores are affected as American consumers shift their purchasing habits due to various factors, including the rise of e-commerce. Major department stores such as J.C. Penney and Macy\u2019s have announced hundreds of store closures, and well-known apparel brands such as J. Crew and Ralph Lauren are unprofitable. Of 1,200 shopping malls across the US, 50% are expected to close by 2023.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27"}
{"text": " I'm looking for ways to geared to save for retirement, not general investment. Many mutual fund companies offer a range of target retirement funds for different retirement dates (usually in increments of 5 years). These are funds of funds, that is, a Target 2040 Fund, say, will be invested in five or six different stock and bond mutual funds offered by the same company. Over the years and as the target date approaches closer, the investment mix will change from extra weight given to stock mutual funds towards extra weight being given to bond mutual funds. The disadvantage to these funds is that the Target Fund charges its own expense ratio over and above the expense ratios charged by the mutual funds it invests in: you could do the same investments yourself (or pick your own mix and weighting of various funds) and save the extra expense ratio. However, over the years, as the Target Fund changes its mix, withdrawing money from the stock mutual funds and investing the proceeds into bond mutual funds, you do not have to pay taxes on the profits generated by these transactions except insofar as some part of the profits become distributions from the Target Fund itself. If you were doing the same transactions outside the Target Fund, you would be liable for taxes on the profits when you withdrew money from a stock fund and  invested the proceeds into the bond fund."}
{"text": " Unless you're going to claim that humans lack free will, you can't reduce human action to deterministic processes that you can test in a particle accelerator.  You reference experiments, but there have been no experiments. If you really are a physicist, I find it seriously disconcerting that you'd so flippantly conflate experimental data with observational data. They are not the same thing.   If you happen to know any statisticians, it might be worth your while to have a refresher chat on this distinction with one of them.  To put is very simply: the tools of physics are inappropriate for an analysis of any phenomenon that involves human choices, and if you insist on an empirical approach when key variables (the internal state of the mind) are not measurable, you are wrong."}
{"text": " I can assure you after seeing both versions of Layer Barns (Free Range and Industrial) I wouldn't eat anything free range. The industrial setup has more square feet per bird. Poop gets dried and shipped out of pens quick and eggs roll down hill to a conveyer. The other version is people picking eggs out of bird shit all day."}
{"text": " I agree with the premise and vehemently disagree with the solution!  Why in the name of all that is holy would you think giving the power to a random group of wealthy people is going to end up in ANY WAY better?!  They will take that power, and grab every thing they can!  The solution is ridiculous and DOESN'T follow from the problem!  If you want a solution, you want REAL oversight!  You want people checking these decisions and verifying them that you and the people can trust!  We don't trust the market!  We don't trust big money!  You don't trust the government!  That's why I was looking for a solution that works for everyone!  Why, after all that work we went through, have you thrown it all away and gone back to this tripe?!"}
{"text": " \"Yes, Steve Jobs slllooowwwlly learned to become better as time went on. He was never great at anything except presentations.  Steve Wozniak was never bad to begin with. And he also could have learned how to be better in presentations.  Do you understand what I am trying to say here?  Bad leaders with \"\"charisma\"\" are given unlimited credit while good leaders are not given a chance because \"\"no charisma\"\".  What do you think of Elon Musk? Does he have charisma?\""}
{"text": " No. You have to reimburse the current mortgage you have and negociate a new one for your new house. A mortgage is a loan from a financial institution that accepts to give you money if you pay it back the total amount adding interests. Interests are the price you pay to the financial institution for it to give you money for a while. In the mortgage you have an legal agreement with the financial institution on how to reimburse the total amount that is given to you for a while. Breaking that agreement is breaking the law. The fact of the matter is that when 30% of your mortgage is reimbursed, the financial institution own your house, legally, for real, at 70%: your live in the house own by the financial institution at 70%. It is the same exact logic for a car loan. The mortgage goes with a specific house at a legal address that you live in as a primary residence."}
{"text": " If you leave your job (or lose it) the loan is due on separation. You'll pay tax and a10% penalty."}
{"text": " &gt; We're talking about low paying jobs.. and if there's more applicants than jobs than why are staffing companies HUGE right now?  Yeah I'm talking about low paying also. Staffing companies are huge because you can try before you buy. Understand? Your argument just fell apart. Just because there is correlation, it doesn't mean they are related. ***We have tons of illegals and even more unemployed people***   &gt; . Because can't fill the jobs like they want. There's absolutely a ton of demand for low paying workers all around.  Lets see some proof because there is no shortage in most of the country unless you're talking about the ones on farms possibly. We have an extremely high unemployment rate.  &gt;  Places can't keep or find people even to stay for a month.   Maybe thats because they are drug addicted losers or shitty workers. Ever thought of that? That doesn't mean there is a shortage of employees, there is a shortage of good ones  &gt; Anyone that's ever applied knows these places also end up having tons of overtime because they don't have enough help  Wrong, zero evidence and its clearly wrong. No one wants to give these people benefits so they often don't even hire them as full time in any medium-large size company   &gt; Your idea is to take all three of illegals , felons and potheads out of jobs yet somehow still filll these jobs that staffing companies have been trying to fill.  In LA, we have no shortage and it applies to tons of places. Throw the illegals out, they don't belong here.  Felons, someone can hire them, I won't.  Potheads, someone will hire them too, but I won't hire someone that comes to work high, lacks motivation, and is not happy. I want employees that want to work and want to grow. With those type of employees, not only do businesses grow and become more successful, but those employees can get promoted and do better in life. I want my employees to do well in life because to me, the good ones are family."}
{"text": " Hey all,  I have no idea what to do in order to calculate the wacc. It just doesn't make sense to me! And more so, understanding the circumstances in which it would be appropriate to use the company's wacc as the discount rate in the project.   The Australian company tax rate: 27.5%  Applicable date for risk free rates: 28/8/17  10 year rate for risk free: 2.615%  8 year risk free rate- 2.505%  Credit spread for corporate bond: 95bp  I just don;t understand what I am supposed to do!"}
{"text": " Most places have property taxes so I'd be shocked if the UK didn't.  If people didn't have to pay income/VAT/sales taxes then they would be able to afford the higher property taxes.  It is probably true enough though that the government is likely to not raise as much revenue (though that isn't guaranteed: more efficient taxation collection combined with more objective/simple rules for business is likely to increase real economic growth).  As a person who thinks government has expanded well beyond what is good for society however, I see the shrinking of government as a good thing."}
{"text": " Just gotta weigh that against any perceived benefit. Regardless, I wouldn't personally use a static salt alone, because that would lower security dramatically if it was ever discovered. Creating a single rainbow table using a known static salt is much easier than 100 million with unique salts. It's a gamble whether they're dumping your database from an exploit that would give them access to that information."}
{"text": " Facebook is worth money because it exploits humanity's social instincts to generate ad revenue. No website has ever managed to sustain that for more than 10 years (across generations) and at some point it should be a fantastic short."}
{"text": " You want CFP or CFA who is also a fiduciary, meaning that by law they have to put your interests ahead of their own. Financial planners who are not fiduciaries can, and often do, recommend investment vehicles that earn them the most commission with little regard of your financial goals. If you already have $500,000 to invest and racking up $100,000 a month you probably qualify for most institutions private client programs. That means that the firm/advisor will look at your financial situation and come up with a custom-tailored investment plan for you which should also include tax planning. I would start with whatever financial institutions you already work with - Schwab, your bank etc. Set up a meeting and see what they have to offer. Make sure you interrogate them about their fees, their licenses/certifications and above all if they are a fiduciary."}
{"text": " Are you assuming that net metering will continue forever? Eventually that will have to stop and you'll only receive the market generation rate (the price before all the markups in the submission's graph) for power exported to the grid which is unlikely to net you much profit."}
{"text": " I can't speak to New Zealand law, but under US law, it's not a gift, so there is no tax. But there are some practical considerations. How good a relationship do you have with the banks on each end of the transfer? Transfers in the neighborhood of USD$10,000 are automatically considered suspicious and the banks are required to take extra steps to ensure you are not laundering the proceeds of criminal activity, funding terrorism, evading taxes, etc. You will have to fill out quite a bit of paperwork."}
{"text": " &gt; I'm saying that instead of some of these companies spending 70% of their earnings on stock buybacks they should reinvest that money into their employees and **pay out larger dividends to shareholders**.  Wait...what? What do you think the difference between dividends and buybacks is? Buybacks and dividends are just different ways of distributing cash to shareholders. The main difference is that with a buyback, shareholders can choose whether to cash out or hold."}
{"text": " \"i think we are roughly in agreement, but i should stress:  &gt; Can't blame capitalism for shitty politicians  shitty politicians are a natural result of capitalism out of control - the big owners call the shots. the politicians that take the bribes win elections bc the money buys exposure thru (once again private) media.   the politicians with any amount of ethics or servitude to their electorate will be starved of funds. they tend to lose. the evolution of the honorable politician to the corrupt one has been a consequence of obscene money. the sort of money that apple et al make. or the most insidious: the federal reserve, which is PRIVATELY owned by a cabal of the richest bankers. they get to print money to \"\"lend\"\" to the government at interest whenever the gov needs to issue bonds. they determine interest rates. their objective is to make more money for themselves. they are not there to provide a service to the people.   TL;DR you cannot get non-shitty politicians without controlling capitalism. adam smith warned us 250 years ago in his seminal wealth of nations that a business-dominated political system would allow a conspiracy of businesses and industry against consumers:  \"\"the interest of manufacturers and merchants .. in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public ... The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention.\"\"\""}
{"text": " If you want to use that money and maybe don't have the time to wait a few years if things should go bad, than you will definitely want to hold a good bunch of your money in the currency you buy most stuff with (so in most cases the currency of the country you live in) even if it is more volatile."}
{"text": " You might want to talk with your financial planner about any or all of the following: as well as Some of these offer the guarantee of a minimal amount of interest, as well as the ability to take a loan out against the cash value, without lapsing the policy.  They may also offer certain tax advantages depending upon your jurisdiction and situation."}
{"text": " I'd say yes, and hope that my anecdotal evidence serves as proof. My IRA is not a margin account. It can't be.  I attempt to create a covered call, buying a stock at say $20, and selling a call for $4, for net $16 cost. The account only had $1610 at the time, and the trades go through just fine. Yes, I needed to enter as a limit order, at the same time, a single order with the $16 debit limit.  If this is not enough proof, I'd be curious - why not? The option proceeds must clear, of course, which it does."}
{"text": " Forgot the /s  Not only do we have the same government, but also have large ALEC financial supporters right here in our state. We also have about 3 billion more debt, public jobs such as police and teachers fleeing the state, scrapped road maintenance, etc. etc."}
{"text": " \"The difference it makes is in the magnitude of risk difference people will need in order to overcome the amount they're paying to keep their money \"\"safe\"\".    For example, if someone charged me $100 to keep $10,000 of my money \"\"safe\"\", such that I felt very very confident in getting $9,900 back at the end of a year, I might go for that if the only alternatives are to move it somewhere where there's a good chance I get less than $9,900 back at the end of a year.  In short, I might feel I lose less by paying that -1% interest rate.\""}
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{"text": " Lets be honest. Credit bureaus are too integral to the financial system. Equifax wont see any consequences from any of this, and none of the executives responsible will be held accountable. The investors, executives, and government officials all know that this crisis will blow over after a few weeks and everybody will forget it happened. Hell, the mainstream media have barely even covered it, and everyone i talk to about it either doesnt care, doesnt understand the impact, or doesnt even know what Equifax is."}
{"text": " the taxi industry?  each city has it's own way of regulating taxis, car service, and limos (a lot of times they fall under different jurisdictions).  the regulatory bodies aren't really a cash crop for municipalities.  radio companies and fleet owners are separate a lot of times, and neither are really rolling in the dough (a fleet owner i know drives a 2004 camry and only recently was able to buy a house in his 60's).  the drivers usually lease from the owners, and bring home about $20,000 a year even if they take radio calls and drive like a maniac.  it's not some giant industry monopolized by bigwigs holding everyone back with their draconian style of operation.  it is easier to compare taxis and car service to other public services like buses and trains."}
{"text": " I think your reasons are good. Fundamentally accounting software is built to ensure you record your accounting data effectively with minimal mistakes and good auditing. But you still need to use the tool properly to get the benefit. One other advantage is that many accountants are familiar with, say QuickBooks, and can do your accounts more effectively if you use their preferred tool."}
{"text": " &gt; Queue the increased prices at the grocery store  Nope, we will eat the rise in cost. Grocery stores are in an all war of attrition and the ones who don't keep prices low are going to lose all their customers.      Really the only thing going up in cost lately that saw a retail raise was Asparagus, but that was due to rain."}
{"text": " I had a situation like this also. A client deposited an IRA check to his local P.O. prior to collection p/up, thinking this meant it would be postmarked April 15. It may have been picked up, but wasn't postmarked until the next day, and my firm refused to consider it as timely. I do remember discussing it w/my Retirement Services Dept. Maybe they made an exception for me and my client, but maybe not. I don't remember. Good luck."}
{"text": " &gt; \u2026 Sycamore lined up financing from **UBS Group AG, Bank of America Corp.\u2019s Merrill Lynch, Deutsche Bank AG, Credit Suisse Group AG, Royal Bank of Canada, Jefferies Group LLC, Wells Fargo &amp; Co. and Fifth Third Bank. Merrill Lynch and Deutsche Bank** \u2026  &gt; Staples, meanwhile, got financial advice on the deal from **Barclays Plc and Morgan Stanley** \u2026   Any banks in the world missing?"}
{"text": " The bank doesn't keep it. It will stay unclaimed until the unclaimed assets process in the state that the bank branch is in kicks in. At that point it it a state by state process, with each state being different. You will need to inquire to the state government about what the process is in that state. (This will probably be searchable online.)"}
{"text": " \"See comment on how \"\"self made\"\" bill gates is, and he's probably legitimately one of the more self made people to make that list. \"\"Self\"\" made people come from very wealthy families. If I give you a loan of a million bucks to make a company and financially support you for two years while you wait for the business to make money you're still \"\"self made\"\". Just view how they calculate it. It's horse shit\""}
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{"text": " Having your own list and marketing to it is essential. What happens when any of those social platforms changes their TOS? You are totally dependent on another platform for your business. I wouldn't do that. Do social, sure, but have your own email list."}
{"text": " You are right that Facebook really doesn't get impacted as they got their $38. However it would make it slightly more difficult for Facebook to raise more money in future as large investors would be more cautious. This can keep the price lowers than it actually needs to be. Quite a few companies try to list the IPO at lower price so that it keeps going up and have more positive effect overall there by making it easier for future borrowings. See related question Why would a company care about the price of its own shares in the stock market?"}
{"text": " \"As a Brit, I try to avoid just saying \"\"no\"\" outright at work. Rather, I would question why they needed something if I didn't see the need for it (it may well be that I'm just not seeing something that they are, because they have more experience). I also try to phrase questions in a way that is respectful and doesn't back my superiors into a corner. Of course ultimately it just comes down to social skills which you'd use in daily life outside work anyway.\""}
{"text": " Definitely the wrong sub to ask this in, for two reasons:  a) That is going to be specific to the player base of the game and how they will react. Without understanding the value of the chests to the players it won't make much sense to respond.  b) /r/economy is mostly just a place to read posts by dipshits who don't know anything about the economy or the field of economics. Any actual economic information you may want in the future is best found at /r/economics."}
{"text": " Wells Fargo WFC +2.14% &amp; Co. has fired four foreign-exchange bankers amid an investigation into that business by both the bank and regulators, according to people familiar with the matter and the bank.  The firings and investigation are the latest problem to hit Wells Fargo, which has been grappling for the past year with the fallout from its sales-practices scandal. This summer, the bank disclosed that a review of its businesses in the wake of that scandal had also revealed problems related to improperly charging customers for certain auto insurance and mortgage products.  The bank\u2019s issues, though, had mostly been confined to the retail-banking business. The foreign-exchange investigation now shows there is also trouble in Wells Fargo\u2019s investment-banking arm. The issues have emerged separate from a review of business practices in the wake of the sales-practices scandal, according to a person familiar with the matter.  A Wells Fargo spokeswoman confirmed the firings after inquiries from The Wall Street Journal.  Separately, the Office of the Comptroller of the Currency earlier this week sent a confidential report to Wells Fargo about the auto-insurance product issues. That said the bank may need to refund to customers more than the $80 million the bank had previously cited, according to a person familiar with that matter.  The foreign-exchange firings come just weeks after Wells Fargo chief Timothy Sloan was castigated during a Senate Banking committee hearing for the bank\u2019s conduct and culture, such as how problems happened for many years and why more wasn\u2019t done to stop them. Sen. Elizabeth Warren (D., Mass.) said more had to be done at the bank in light of recent problems that have emerged and she called for Mr. Sloan\u2019s firing.  Mr. Sloan defended the bank and its handling of problems, pointing to a number of changes he has made over the past year in the operations of the retail-banking business.  It isn\u2019t yet clear what issues drove the firings in Wells Fargo\u2019s foreign-exchange business. But the bankers involved were fired for cause, according to a person familiar with the matter.  The terminations occurred as the bank is conducting an internal investigation and as federal regulators have been examining practices in the business, according to a person familiar with the matter.  Those fired, the people said, were Simon Fowles, recently head of foreign exchange trading; Bob Gotelli, recently head of foreign exchange sales; Jed Guenther, recently a regional head of foreign exchange; and Michael Schaufler, chief spot dealer.  The bankers didn\u2019t immediately respond to requests for comment or declined to comment.  The prior head of the foreign exchange group, Sara Wardell-Smith, was moved to a different role at the bank, the people said. Ms. Wardell-Smith\u2019s LinkedIn profile refers to a role beginning in October leading part of Wells Fargo\u2019s financial institutions group. She had held several roles in the bank\u2019s foreign-exchange group after joining Wells Fargo in 1995 and led the group for the past decade.  Ms. Wardell-Smith didn\u2019t respond to requests for comment.  The bank spokeswoman said Ms. Wardell-Smith accepted a new position as Americas regional leader in Wells Fargo\u2019s financial institutions group. She added that the bank\u2019s foreign-exchange business \u201cwill continue to serve our clients under the leadership of Ben Bonner.\u201d  Wells Fargo\u2019s investment-banking, securities and markets division, known as Wells Fargo Securities, is a fraction of the size of its U.S. big-bank peers. Its U.S. investment-banking market share is just about 4% as of September, according to research firm Dealogic.  And Wells Fargo\u2019s foreign-exchange desk doesn\u2019t do as much business as other banks, industry participants have said. Wells Fargo doesn\u2019t break out financial results or metrics for that group.  Unlike many other big banks, Wells Fargo\u2019s foreign-exchange operations weren\u2019t caught up in investigations into collusion between market participants to move foreign-currency rates for their own financial benefit. Those investigations led to more than $5 billion in combined penalties at U.S. and European banks and a guilty plea to criminal charges.   In regard to the retail-bank problems, the report sent to the bank by the OCC this week said Wells Fargo was too slow to identify and correct problems related to auto-insurance products known as collateral protection insurance, a person familiar with the matter said. The OCC report was first reported by the New York Times .  The OCC did acknowledge that the bank has ended the auto-insurance practices, changed management and restructured the group responsible for the sales.  An OCC spokesman declined to comment on ongoing supervisory matters.  Another Wells Fargo spokeswoman reiterated that the bank discontinued the product at issue.  \u201cWe will continue to work with regulators on the remediation and will make improvements to our auto lending business,\u201d the spokeswoman said."}
{"text": " B\u1ea5t c\u1ee9 khi n\u00e0o b\u1ea1n mu\u1ed1n c\u1ea3i thi\u1ec7n \u0111i\u1ec1u ki\u1ec7n nh\u00e0 v\u1edbi v\u1eadt li\u1ec7u ch\u1ea5t l\u01b0\u1ee3ng cao c\u1ee7a th\u1ea1ch cao ho\u1eb7c trang tr\u00ed tr\u1ea7n nh\u00e0. \u0110i\u1ec1u n\u00e0y s\u1ebd gi\u00fap b\u1ea1n ti\u1ebft ki\u1ec7m \u0111\u01b0\u1ee3c r\u1ea5t nhi\u1ec1u n\u1ed7 l\u1ef1c v\u00e0 s\u1ed1 ti\u1ec1n b\u1ea1n ph\u1ea3i tr\u1ea3 cho m\u1ed9t chuy\u00ean gia \u0111\u1ec3 l\u00e0m l\u1ee3i cho b\u1ea1n. V\u1edbi nh\u1eefng ch\u01b0\u01a1ng tr\u00ecnh nh\u01b0 v\u1eady, b\u1ea1n tin t\u01b0\u1edfng v\u00e0o nh\u1eefng k\u1ebft qu\u1ea3 nhanh ch\u00f3ng v\u1edbi m\u1ed9t c\u00fa nh\u1ea5p chu\u1ed9t m\u00e1y t\u00ednh. C\u1ea3i t\u1ea1o, c\u1ea3i t\u1ea1o, s\u1eeda ch\u1eefa ph\u00e1t tri\u1ec3n, thi cong tran thach cao v\u00e0 c\u00e1c c\u00f4ng tr\u00ecnh kh\u00e1c. \u0110\u1ec3 ph\u00e2n t\u00edch nhanh h\u01a1n, h\u00e3y \u0111\u1ea3m b\u1ea3o b\u1ea1n bi\u1ebft t\u1eeb kh\u00f3a v\u00e0 c\u1ee5m t\u1eeb t\u00ecm ki\u1ebfm, v\u00ed d\u1ee5: Tr\u1ea7n gi\u1ea3 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c l\u00e0m t\u1eeb c\u00e1c ch\u1ea5t kh\u00e1c nhau bao g\u1ed3m Th\u1ea1ch cao, Kho\u00e1ng ch\u1ea5t Kho\u00e1ng s\u1ea3n v\u00e0 Kim lo\u1ea1i."}
{"text": " A day is a long time and the rate is not the same all day. Some sources will report a close price that averages the bid and ask. Some sources will report a volume-weighted average. Some will report the last transaction price. Some will report a time-weighted average. Some will average the highest and lowest prices for the interval. Different marketplaces will also have slightly different prices because different traders are present at each marketplace. Usually, the documentation will explain what method they use and you can choose the source whose method makes the most sense for your application."}
{"text": " \"Home Improvements that improve the home's Energy Efficiency are currently eligible for federal tax credits. This includes renewable energy equipment (solar panels, etc.) and Nonbusiness Energy Property Tax Credit. The credit is 30% of the cost. From Intuit Turbo Tax: Energy Tax Credit: Equipment and materials can qualify for the Nonbusiness Energy   Property Credit only if they meet technical efficiency standards set   by the Department of Energy. The manufacturer can tell you whether a   particular item meets those standards. For this credit, the IRS   distinguishes between two kinds of upgrades. The first is \"\"qualified energy efficiency improvements,\"\" and it   includes the following:   \u2022Home insulation   \u2022Exterior doors   \u2022Exterior windows and skylights   \u2022Certain roofing materials The second category is \"\"residential energy property costs.\"\" It   includes:   \u2022Electric heat pumps   \u2022Electric heat pump water heaters   \u2022Central air conditioning systems   \u2022Natural gas, propane or oil waterheaters   \u2022Stoves that use biomass fuel   \u2022Natural gas, propane or oil furnaces   \u2022Natural gas, propane or oil hot water boilers   \u2022Advanced circulating fans for natural gas, propane or oil furnaces\""}
{"text": " Canada doesn't seem to have a gift tax. http://www.taxtips.ca/personaltax/giftsandinheritances.htm"}
{"text": " I started a copy shop in 1996 and found my notebook from that period just the other day. I was OBSESSED with copyright issues and how Kinko's had closed 25% of their stores -- mostly in college towns where they do course packs. Turns out, if you're NOT a multi-million dollar national chain, the book publishers DON'T want anything to do with persecuting you.   You're overthinking it IMHO. Talk to an insurance agent and a lawyer and you should be fine."}
{"text": " &gt; IMHO the best model would be to allow students to access resources in isolation then arrange a catch-up class with a facilitator to encourage discussion.   Yes, more or less.  Back to the original topic: in other areas, the use of robots must be restricted, or not allowed, or taxed, or must be always supervised by a human.  Examples:   1. No robot allowed: customer service (talking and handling customer requests and inquiries), medicine (a human doctor must see you), teaching in class.   2. Robot must be supervised: robotic soldiers in the army, robotic repair crews, robotic maintenance crews, robotic construction crews, etc.  3. Robot must be taxed: manufacturing, menial work  4. Restrictions: Robots can cook and serve in restaurants, but cannot handle the management of the restaurant."}
{"text": " Yep, there just is no free lunch.  So called high dividend stocks are usually from companies that have stable cash flows but relatively little or moderate growth potential. Utility companies come to mind, let's take telecommunications as an example.  Such stocks, usually, indeed are considered more conservative. In a bull market, they won't make high jumps, and in a bear market they shouldn't experience deep falls. I mean, just because the stock market fell by 10%, you're not going to stop using your phone. The stock might suffer a bit but the divided is still yielding you the same. However, fundamental data can have a significant impact. Let's say a recession hits the country of the telco. People might not get the newest iPhone and lock in to an expensive contract anymore, they might use cheaper forms of communication, they might stop paying bills, go bankrupt etc. This will have a severe impact on the company's cash flow and thus hit the stock in a double whammy: One, the dividend is gone. Two, the price will fall even further.  There are basically two scenarios after that. Either the recession is temporary and your stock became a regular growth stock that at some point might bounce back and re-establish at the previous levels. Or the economy has contracted permanently but regained stability in which case you will again have a stock with a high dividend yield but based on a lower price. In conclusion: High dividend stocks make sense in a portfolio. But never consider their income to be safe. Reduce your risk by diversifying."}
{"text": " \"What you need will depend on a number of factors that aren't clear from the question. This coverage is simply called \"\"Vacant home insurance\"\", but not all companies are willing to offer this coverage. Unfortunately, in New York, insurers can also legally drop your standard homeowners' coverage if they become aware that your property has become vacant for 30 days or more. The Insurer's Concerns Typically, a \"\"standard\"\" homeowners policy will have an exclusion clause for vacant homes. The insurance company's concern is that without someone in the home, they will be at risk for break-ins, squatters and vandalism. If you've ever seen \"\"Flip Men\"\" on Spike, you'll know this is a serious concern (great show, by the way). They will use a risk model to calculate an estimated risk for the property (this is why a seasonal vacation home in a sparsely-populated area is often less of a concern than a family home in an urban area). If they estimate the risk to be low, some insurance companies will allow to you buy back that exclusion so that vacant properties are covered. In your case, they have probably decided that either: Your Options First, you need to find a company that is comfortable with taking on the extra risk of a vacant home. This will vary quite a bit by location, but the main ones are Farmer's (they use the Foremost brand name in New York) and Castle Rock. There are lots of insurance agencies that also advertise these products, but most of them are middlemen and use one of these two companies to actually write the coverage. Additionally, since this is a specialty policy, make sure you understand all of the details of the policy, and how they vary from a regular policy including: How to Reduce your Premium costs These are general tips from the Murray Group's website (an independent broker in NY) on how to lower the additional cost of vacant coverage: This may sound expensive, but these steps will all reduce the risk of something really bad happening when you're not there. Additionally, do you know anyone you completely trust (relative, unemployed friend) that might want to live in your old house rent-free for a while? This could work out for you if they are willing to keep the place 100% clean around the clock so that you can show the house at any time. If you have additional/specific questions, you should be able to find an independent insurance broker in your area that would be willing to advise you on your specific situation for a flat fee. Best of luck with getting the home covered and sold quickly!\""}
{"text": " Is the pay cycle every 2 weeks? So 30% each two week period is 1.3^26 = 917.33 or an APR of 91633%.  Loansharks charge less, I believe standard vig was 2%/week for good customers. Only 180% per year."}
{"text": " \"In practice, most (maybe all) stock indices are constructed by taking a weighted average of stock prices denominated in a single currency, and so the index implicitly does have that currency - as you suggest, US dollars for the S&P 500. In principle you can buy one \"\"unit\"\" of the S&P 500 for $2,132.98 or whatever by buying an appropriate quantity of each of its constituent stocks. Also, in a more realistic scenario where you buy an index via a tracker fund, you would typically need to buy using the underlying currency of the index and your returns will be relative to that currency - if the index goes up by 10%, your original investment in dollars is up by 10%.\""}
{"text": " I think the only way to have an idea of whats going on is to take a sip of all the propaganda lies misinformation half-truths and of course the ever coveted granules of truth. Then sift through all the crap by overlaying all the stories on top of each other then fact checking what comes through as the actual story -the spin"}
{"text": " I didn\u2019t say everything is ok, I said things are improving. I also have been speaking generally about the world in the entirety of this comment thread, but you\u2019ve apparently decided that only Americans in poverty matter. I view that as myopic and selfish, but hell let\u2019s go with that for a second.   Regarding specifically the US - it turns out poverty is decreasing here as well:  http://www.povertyusa.org/the-state-of-poverty/poverty-facts/  Also by your own definition, no one in the middle class is in poverty. The census bureau says 43 million people in the us live in poverty. This is way too many, but it is less than 25%. It\u2019s closer to 12%.  https://en.m.wikipedia.org/wiki/Poverty_in_the_United_States  So once again, I\u2019ve shown how nothing you say has any basis in reality. I\u2019ve also never said everything is fine, I\u2019ve only said it\u2019s improving systematically.   What I say is true and based in fact. What you say is based on your feelings and categorically not true by any measure, and can\u2019t even be saved by your fluid redefinition of terms.  Please understand that things aren\u2019t perfect and the world isn\u2019t fair, but poverty in the US and elsewhere are improving. Feelings can\u2019t change facts, and you\u2019re feelings simply don\u2019t line up with the facts."}
{"text": " Meh, if someone picks it up and gives me a near identical replacement while they fix it, then deliver it back to me such that I'm out no money and no convenience, do I care?  You make a good point about raw numbers, but as an owner I can say the feeling is vastly different and nearly seamless.  And, we were only having the titanium shield added."}
{"text": " An accountant should be able to advise on the tax consequences of different classes of investments/assets/debts (e.g. RRSP, TFSA, mortgage). But I would not ask an accountant which specific securities to hold in these vehicles, or what asset allocation (in terms of geography, capitalization, or class (equity vs fixed income vs derivatives vs structured notes etc). An investment advisor would be better suited to matching your investments to your risk tolerance."}
{"text": " \"Hopefully the changes truly reflect one's ability to pay debit and not a way to suddenly create millions of new \"\"credit-worthy\"\" borrowers and some debt bubble pops 6 years down the road. Businesses will love people using debt to buy stuff for that sweet revenue.\""}
{"text": " Volume and prices are affected together by how folks feel about the stock; there is no direct relationship between them. There are no simple analysis techniques that work.  Some would argue strongly that there are few complex analysis techniques that work either, and that for anyone but full-time professionals. And there isn't clear evidence that the full-time professionals do sufficiently better than index funds to justify their fees. For most folks, the best bet is to diversify, using low-overhead index funds, and simply ride with the market rather than trying to beat it."}
{"text": " It says expense ratio of 0.14%. What does it mean? Essentially it means that they will take 0.14% of your money, regardless of the performance. This measures how much money the fund spends out of its assets on the regular management expenses. How much taxes will I be subject to This depends on your personal situation, not much to do with the fund (though investment/rebalancing policies may affect the taxable distributions). If you hold it in your IRA - there will be no taxes at all. However, some funds do have measures of non-taxable distributions vs dividends vs. capital gains. Not all the funds do that, and these are very rough estimates anyway. What is considered to be a reasonable expense ratio? That depends greatly on the investment policy. For passive index funds, 0.05-0.5% is a reasonable range, while for actively managed funds it can go up as much as 2% and higher. You need to compare to other funds with similar investment policies to see where your fund stands."}
{"text": " The card-holder agreement does not explicitly specify a minimum spending requirement. It does though, have the following catch-all clause for closing the account: We may:   \u2022 cancel your Account,   \u2022 suspend the ability to make charges,   \u2022 cancel or suspend any feature on your Account, and   \u2022 notify merchants that your Account has been   cancelled or suspended.   If we do any of these, you must still pay us for all   charges under the terms of this Agreement. We may do any of these things at our discretion, even if you pay on   time and your Account is not in default. If your Account is cancelled,   you must destroy your cards. We may agree to reinstate your Account   after a cancellation. If we do this, we may: \u2022 reinstate any   additional cards issued on your Account, \u2022 charge you any applicable   annual fees, and \u2022 charge you a fee for reinstating the Account. One would suspect that American Express would happily collect the fee from anyone who holds the card, but is not using it (in any way). Someone, though, that isn't spending the expected amount of money, but is availing themselves of the 24 hour concierge service, etc., would probably find their privileges revoked and/or their card canceled."}
{"text": " Thanks for the writeup, it was a really informative read. I've been aware for a while now that Reagan and Reaganomics were in a large way the 'start' of most of the current problems in the economic and political landscape, but you filled in a few gaps that were really useful for me.  So I guess ultimately a lot of conservatives see it as a kind of necessary evil in order to bring about the success story that the current economy needs right now. Unfortunately, their strategy is totally wrong. That kind of makes sense with my observation that rather than supporting the cronyism and corruption, they turn a blind eye to it because they think it's necessary.  My view is not so much that labour and finance capital returns need to be balanced (although that is probably a great thing to aim for), but that creation of wealth/capital needs to be intrinsically linked with the creation of real value. The modern banking crisis was a great example of the ability to generate wealth while in fact destroying real value."}
{"text": " Glitter, Inc. is a fashion and lifestyle blog, one of the most widely read online resource on fashion, weddings, design, family, events, travel, DIY recipes, crafts and other interesting stuff. Stay informed on the latest trends and things that matter."}
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{"text": " Same question had popped up in our office,and we got an answer from one of the senior colleague. He said that we can call it CARC (Compounded Annual Rate of Change)."}
{"text": " Has the monitoring stopped now that you are at a new bank?   Presumably it has. If it has stopped, then let it go.  Its your mom and while the relationship might be somewhat dysfunctional, it is the only mother relationship you have.  Do you really want her criminally prosecuted?  She may have done you a favor by pointing out the security loop holes present in your old bank.  Thanks mom!"}
{"text": " \"The word you are looking for is \"\"budget\"\" You can't pay off debt if you are spending more than you earn.  Therefore, start a budget that you both work on at the same time, and both agree 100% with.  Evaluate your progress on that budget on a regular basis. From your question, you understand what your obligations are and you seem to manage money pretty well. Therefore your key to retirement is just the ticket you need. As newlyweds, you both have to be VERY aware that the main reason a marriage fails in the US is money issues.  Starting out with a groundwork where you both agree to your budget and can keep it will help you a lot in your upcoming life. Then, for some details Sprinkle your charitable donations anywhere in the list where you feel it is important.\""}
{"text": " Exactly, the only reason for the US to default is if Congress voluntarily does so. I don't think they are self destructive enough to do it tho, it's okay if it happens with the Dems in power, but the current Congress wouldn't want to have that on their backs. Hopefully at least."}
{"text": " There is some magic involved in that calculation, because what health insurance is worth to you is not necessarily the same it is worth for the employer. Two examples that illustrate the extreme ends of the spectrum: let's say you or a family member have a chronic or a serious illness, especially if it is a preexisting condition - for instance, cancer. In that case, health insurance can be worth literally millions of dollars to you. Even if you are a diabetic, the value of health insurance can be substantial. Sometimes, it could even make financial sense in that case to accept a very low-paying job. On the other extreme of the scale, if you are very young and healthy, many people decide to forego insurance. In that case, the value of health insurance can be as little as the penalty (usually, 2% of your taxable income, I believe)."}
{"text": " You don't need to click, I can tell you the answer in one word: **HYPE**.  One universal truth about big corporations and their CEOs, they don't understand anything about computers or technology. It simply isn't their expertise. If they hear from the television that the most important thing in the world is blockchains, they're going to bite that hook.  The most important thing is not blockchains. blockchains are almost completely unimportant. All a blockchain is, is a log file that never gets trimmed or deleted, and everyone gets a copy, and they verify the contents against each other's copies. It's not revolutionary, and you don't need it."}
{"text": " When you sell your primary residence, you are required to capitalize any loss or gain at that point; you do not carry over your loss or gain (as you might in an investment property).  As such, the timing of the purchase of the next house is not relevant in this discussion: you gained however much you gained already.  This changed from the other (rollover) method in 1997 (see this bankrate article for more details.) However, as discussed in IRS Tax Topic 701, you can exclude up to $250,000 (single or filing separately) or $500,000 (married filing jointly) of gain if it is your primary residence and meets a few requirements (mostly, that you owned it for at least 2 years in the past 5 years, and similarly used it as your main home for at least 2 years of the past 5 years).   So given you reported 25% gain, as long as your house is under a million dollars or so, you're fine (and if it's over a million dollars, you probably should be paying a CPA for this stuff). For California state tax, it looks like it is the same (see this Turbotax forum answer for a good explanation and links to this California Franchise Tax Board guide which confirms it: For sale or exchanges after May 6, 1997, federal law allows   an exclusion of gain on the sale of a personal residence in   the amount of $250,000 ($500,000 if married filing jointly).   The taxpayer must have owned and occupied the residence   as a principal residence for at least 2 of the 5 years before the   sale. California conforms to this provision. However, California   taxpayers who served in the Peace Corps during the 5 year   period ending on the date of the sale may reduce the 2 year   period by the period of service, not to exceed 18 months."}
{"text": " You're comparing apples and oranges. This states that they export more GASOLINE than they import GASOLINE.  To answer your question, it's because of geography. New York might buy refined gas from Quebec (hypothetical) while Washington state exports to BC. North America is huge, so transport is an important factor."}
{"text": " This was most likely a scam, although I do know of cases where a transfer intended for one company ended up in the bank account of another company. I am not entirely sure what happened afterwards, but I think the receiving company was asked to return the transfer back to the originating account.  Still, even if this was the case, they wouldn't have just abandoned $1k for a simple administration fee (if there was even any). It doesn't sound logical."}
{"text": " I'd suggest you put only 20% down if you qualify for the 80% amount of the mortgage. Live in the house a year and see what expenses really are. Then if your non-Ret accounts are still being funded to your liking, start prepaying the mortgage if you wish.  It's great to start with a house that's only 50% mortgaged, but if any life change happens to you, it may be tough to borrow it back. Far easier to just take your time and not make a decision you may regret. You don't give much detail about your retirement savings, but I'd suggest that I'd rather have a large mortgage and fund my retirement accounts to the maximum than to have a paid house and start the retirement account at age 35. Some choose that option."}
{"text": " No, your point seems to be that markets will handle this issue by themselves. Heroin users rarely kick the habit without help; like you said, they just use until they die. That is a perfect example of why the government should get involved."}
{"text": " Portlander here too! Have you made sure to consider the tax burden you will have from the inheritance? Investing in extra property is something that you should do when you are all paid up.  You don't want a job loss or other emergency make it impossible to keep the house you live in.  What happens if you buy a house and then lose both your jobs?  Do you let the bank foreclose on both homes? I think you would be in a much more stable position owning fully all your property.  Once your first house is paid off, you can rent that or consider buying another. The key advice here is to stabilize and remove all your debts now.  It is less exciting but safer.  But if you don't owe any money.  Go for it."}
{"text": " I cringe every time I see Trump bragging about the stock market - the momentum is irrational and it's going to bite him in the ass before the end of his first term.  If he's taking credit it for it going up, then the blame is on him for it going down, right?  I just don't see any reality where we go another 3+ years without a normal correction without massive PPT intervention when they didn't even let it fully correct a year or two ago."}
{"text": " \"&gt; Or does it differ between every company what non-cash charges they have?  This.  Here's a hint: the FCFF *can* be calculated from Cash Flow from Operations (CFO).   Think of FCFF this way: \"\"after the business has operated *and* made *all* investments needed to grow, both short and long-term, how much is left over for providers of capital?\"\"   [Here's a good resource for you.](https://www.cfainstitute.org/learning/products/publications/inv/Documents/equity_chapter6.ppt)\""}
{"text": " I dislike reading opinion articles because most people have a construed understanding of monetary policy and macroeconomics.  I disagree completely about the Yuan possibly taking over as reserve currency. First of all, some countries use it as a reserve because they deal with china a lot and purchase a lot from china. when you purchase from china you either have to buy with Yuan or US dollar. we obviously print the dollar so we have no issue buying from them in dollar but many countries prefer to use the Yuan because they may have lower dollar reserves or its a higher transaction cost. Secondly, and probably the most important, is that China will be a failed economy/society most likely in the future. 1.5 billion people of many different ethnic groups. extreme inequality will lead to social unrest (already has). China has a lot of shit to take care of. It's quite laughable if anyone thinks the Yuan is a stable currency and can be a good reserve currency.   I posted a link for you to read if you want to understand the monetary system and what the Fed's role is. Here it is again:  http://pragcap.com/understand-the-modern-monetary-system/understanding-modern-monetary-system  read it and tell me what you think."}
{"text": " \"Wait, where did you hear that \"\"fable\"\"? Cause the guy actually mentioned that he went to Harvard, Yale and Stanford, I believe, and at none of those was Marx studied? Aforementioned are stages in the development of the productive forces, formation of classes and respectively of the distribution of wealth in the society. It looks like you don't have a clue about Marx and have just aired some \"\"broad and sloppy\"\" meaningless opinion.\""}
{"text": " \"This is the best tl;dr I could make, [original](https://itif.org/publications/2017/07/05/why-expanding-rd-tax-credit-key-successful-corporate-tax-reform) reduced by 76%. (I'm a bot) ***** &gt; In their effort to find &amp;quot;Pay-fors&amp;quot; for a lower corporate rate, some have suggested that Congress reduce or even eliminate the R&amp;D tax credit, a tax incentive for companies to invest more in R&amp;D that has been in force since 1981.  &gt; We should follow the model from other nations, many of which have not only reduced statutory corporate tax rates but also expanded, sometimes significantly, their tax incentives for business R&amp;D. In fact, the United States continues to lose ground compared to other nations when it comes to tax incentives for research, falling from 10th among OECD nations in 2000 to 25th today.  &gt; While ITIF does not believe that corporate tax reform should be revenue neutral, at least on a static scoring basis, one way to pay for at least some of the static revenue loss from lower rates is to eliminate many special tax breaks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6m6m00/why_expanding_the_randd_tax_credit_is_key_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~162833 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*: **tax**^#1 **credit**^#2 **research**^#3 **rate**^#4 **corporate**^#5\""}
{"text": " Of course; the generation Xers are those in the age range where many were approaching the time when they would, but had not yet, transferred the bulk of their retirement savings to lower risk investments. Anyone who hadn't yet transferred their retirement savings from any direct market funds got totally Effed in the A.   Granted, some of this happened because people were simply banking on continual market rise. But a lot of these people simply got really bad advice from financial planners who looked and seemed totally qualified to advise, just as a lot of people got reassured from qualified sources that their adjustable rate mortgage on their million dollar home would be *no problem.*"}
{"text": " If upper and bollinger bands either converge (both bands are getting more and more close together) or diverge (both bands are getting more and more away from each other), does that mean the market is TRENDING? The answer is no. The divergence or convergence of BB-upper & lower band does not indicate if the market is trending or not. It only indicated if volatility is increasing or decreasing. Or is market trending only in case if both bands, upper and lower, are parallel and at the same time NOT horizontal? The answer is yes. To understand the reason consider that BB is constructed from a central Moving Average along with standard deviation. Upper Band=MA+2*SD, Lower Band=MA-2*SD. A moving average is a trend following indicator and volatility has nothing to do with trend (as SD only measures the price movement around the mean). Which essentially means BB has trend following qualities. The upper and lower bands remain more or less parallel in between band contraction and expansion. Refer below:   You shall see distinctly phases when BB bands are not parallel and are parallel and not horizontal. As mentioned above, when BB bands are expanding or contracting they do not give indication of the trend direction. When they are parallel, close or apart and not horizontal, they provide a good directional bias through the general slope. Though a more effective method to determine trend and its direction is the central MA of BB. Again, refer below:  Here you can see that some portion of the bands are parallel and more or less horizontal. The price action would tell you that the stock is now range-bound as opposed to trending. The primary use of the BB bands are to gauge volatility as @misantroop stated. The primary trend direction is usually derived from the central MA."}
{"text": " \"So basically, rather than spend money on upgrades to the existing 108 fighters, 'retire' them from active combat and switch them to the training pool, and just worry about fielding the new ones. An interesting point in the article:  &gt; \"\"We have actually had this dialogue with the F-16, we had this dialogue with the F-15, we had this dialogue with the F-22. We just haven't had it for a while.\"\"  Modern fighter jets don't really act much like planes anymore, budget-wise. The EOL cycle has really sped up - it used to be you could buy a fighter jet or a transport and use it for 25 years before worrying about replacing it with the latest and greatest. Now, the latest and greatest are still on the ground before they're obsolete. It might make a lot more sense to treat a fighter jet like a computer with an upgrade cycle of 3-5 years, roll the cost of maintenance and upgrades into the initial purchase for however long you're intending to keep the aircraft. I suspect a lot of generals would go pale if they knew the full cost of ownership of this generation of fighters going forward.\""}
{"text": " Well, the potential problem is that the FTSE 100 could go down, or just not up. Really, it's as simple as that. After all, why diversify if the FTSE 100 will only go up? So, the question is, why wait to diversify? Why not add in the Gilt ETF for a little government bond exposure? Why not a Corp. bond ETF? Maybe a little of that Global ex-UK for a little foreign stock exposure?  That said, saving is better than not saving, so if starting it off with just the FTSE 100 gets you saving, go for it."}
{"text": " To get the factors you want, start with a complete amortization calculator and a tax deduction calculator, filling in values for your down payment, purchase price, tax rates, and mortgage rate.  If you are talking about a specific property, you should be able to get taxes for the current year, and perhaps using historical values estimate taxes going out.  Some calculators will include PMI (which you should avoid like the plague in an actual purchase).  Given some preliminary data, you can calculate your insurance. So once you have your PITI (principal, interest, tax, and insurance) monthly payment and tax deduction, you can calculate how much you spend a month on the house minus the deduction. To estimate maintenance costs, you could either figure out about what you'd need to replace in the given time you plan to stay put and use a rough estimate on what it is.  You can also use some rough estimates like this (1% of the property value yearly!) or this (moving the number up to a whopping 2%). Don't forget closing costs as a buyer and seller.  You can find estimates for these as well, and they are a function of the purchase price (usually around 2%). So to figure out how much it costs you to live in a house for X months, you can do So your total cost is Total Return Is: You can adjust that total return for inflation using this calculator to get your total return adjusted for inflation.  If projecting into the future, you can try a formula found here. To figure out the return on your investment, use So to figure out the total return adjusted you need for a given ROI, find"}
{"text": " I think it is, unless you have another protection. For example, I have a legal plan sponsored by my employer that amongst other things, covers representation in case of audits for personal taxes. If, however, you don't have any other legal plan to cover this, I'd suggest getting the TurboTax audit protection. Hiring a professional to represent you in case of an audit will cost several hundreds of dollars per hour. Of course chances are slim, but that's the nature of insurance."}
{"text": " &gt; yelp didnt as well hide positive reviews unless you pay them a monthly fee  There is nothing I've seen that indicates this is the case. Can you provide a source for that? According to Yelp you pay them for putting you higher on the search results and other things that don't affect the filter system at all."}
{"text": " I would go with the family route if I was you. And i think many other people would if they were fortunate to have such a great option.  This will allow you to move faster when your trying to buy a new house because you can easily get a mortage if you see a stellar deal. Also you can establish credit in much cheaper ways than paying the 4% or so on a mortgage. finance a car that you have the money to buy because the interest rates are much lower .9% and you build the credit while paying less interest. Or even better, try and make most of your purchases on a 0 fee credit card and every 6-8 months get a new credit card to have multiple lines of ongoing credit.  to use the mortage to establish credit isnt worth the 4% hit in wealth that it offers. now mind you if your options were to buy the house with your own money outright or get a mortgage i would say get the mortgage because the added leverage would help your investments beat the market most years . figure if you get 6% an average portfolio each year and you can write off the taxes on your mortgage you will be ahead by more than 2%"}
{"text": " There is no law that requires you to have a separate bank account for your business, or to pay all expenses from a business bank account. It is a GOOD IDEA to have a separate bank account and pay all business expenses from that account and all personal expenses from your personal account, because that makes sorting out what is what much simpler, both in case of an audit and for your own accounting. Whether a particular expenditure is a deductible business expense has nothing to do with what account you pay it from. If you pay advertising expenses for your business from your personal account, that's still (almost certainly) a deductible business expense. If you buy groceries from your business account, that's almost certainly not a deductible business expense. In your case, there are all kinds of rules about when and how much travel is deductible."}
{"text": " WTF - she worked as a Temp and still they were trying to stop her going anywhere else?  These agreements are very one sided and demonstrate disproportionate market power.  If someone is THAT valuable, they should be working harder to keep them and paying them properly, rather than forcing them to not work competitively.  And seriously, and I don't mean to demean the skills of your friend, but a Dental Hygienist? How much damage to a business can she do if she goes to work for another dentist?"}
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{"text": " &gt; free the orcas, they'll look like heroes, and everyone will flock to SeaWorld because they're good guys now. They listened and changed. People love those stories.  This is no percent what would happen at all. People go just to see Shamu flop around."}
{"text": " Other way around chief:  &gt;Alibaba is paying $7.1 billion in cash and stock to buy back half of Yahoo's holdings. Another $550 million is being paid to Yahoo under a revised technology and patent licensing agreement with Alibaba.  Source: https://www.yahoo.com/news/yahoo-closes-7-6-billion-deal-alibaba-group-161614948--finance.html"}
{"text": " One of the main purposes of government is to take on risk the private sector can't shoulder (e.g. A bridge, not necessarily a money maker), and sponsor innovation. Regulation of things like fuel standards force industry to invest and adapt - this keeps the economy vibrant, stops complicity in business and promotes growth.   People view regulation as an all or nothing thing stifling innovation - not the case. Many regs are good. Look at clean water standards or even the Department of Labor Fiduciary Rule. POTUS numb nut over here just neutered the DOL fiduciary rule which would force investment advisor (brokers) to put a clients needs above their own, when investing in retirement accounts. GREAT for the average citizen- but coopted by the trumpers as government over regulating the economy. Sick.    Good example of supporting innovation  here. http://www.sciencemag.org/news/2013/01/japans-stimulus-propels-science-spending-new-heights  Info on fiduciary rule here (first bullet point).   http://www.dolfiduciaryrule.com/"}
{"text": " \"The danger to your savings depends on how much sovereign debt your bank is holding.  If the government defaults then the bank - if it is holding a lot of sovereign debt - could be short funds and not able to meet its obligations. I believe default is the best option for the Euro long term but it will be painful in the short term.  Yes, historically governments have shut down banks to prevent people from withdrawing their money in times of crisis.  See Argentina circa 2001 or US during Great Depression.  The government prevented people from withdrawing their money and people could do nothing while their money rapidly lost value. (See the emergency banking act where Title I, Section 4 authorizes the US president:\"\"To make it illegal for a bank to do business during a national emergency (per section 2) without the approval of the President.\"\"  FDR declared a banking holiday four days before the act was approved by Congress.  This documentary on the crisis in Argentina follows a woman as she tries to withdraw her savings from her bank but the government has prevented her from withdrawing her money.) If the printing press is chosen to avoid default then this will allow banks and governments to meet their obligations.  This, however, comes at the cost of a seriously debased euro (i.e. higher prices).  The euro could then soon become a hot potato as everyone tries to get rid of them before the ECB prints more.  The US dollar could meet the same fate. What can you do to avert these risks?  Yes, you could exchange into another currency.  Unfortunately the printing presses of most of the major central banks today are in overdrive.  This may preserve your savings temporarily. I would purchase some gold or silver coins and keep them in your possession.  This isolates you from the banking system and gold and silver have value anywhere you go.  The coins are also portable in case things really start to get interesting.  Attempt to purchase the coins with cash so there is no record of the purchase.  This may not be possible.\""}
{"text": " a typical debit card is subject to several limits:"}
{"text": " Possibly a single player game hence the need to simulate a market?   I would supposed that you could use a Cobb Douglas demand function. This way you could set demand for x_1 = c(m/p_1) and demand for x_2 = (1-c)(m/p_2)   Where p_1/p_2 are the prices of good 1 and 2, m is income, and x_1/x_2 are good 1 and 2 respectively."}
{"text": " Or maybe it's analyzing a critical aspect of the economic relationship between China and the US. US agricultural exports bring in over $100 billion each year, and China is a huge consumer of American-grown crops, meaning that whenever China cuts back on imports, American business suffers. NPR is an American radio station with an American demographic, which means that they are going to prioritize how the disagreement affects Americans.  The article does a good job of examining the nature of the problem, too. It doesn't read like a pro-Syngenta article at all."}
{"text": " \"Wait a minute.   16 years later, and we still have to remove shoes and laptops, but the one good thing that came out of post-9/11 security is the first to go away?   \"\"Yeah honey just drop me at the curb, you can't get through security anyway.\"\"  \"\"Oh you sure? k, safe travels BYE\"\"  I'm seriously convinced this is to boost parking revenue.\""}
{"text": " Three major advantages that I can think of (and some of these have been pointed out in comments):"}
{"text": " \"I think one major point you're missing here is the decreased interest rates following the 9/11 attacks.  After rates were dropped in late 2001 many less fortunate people could \"\"afford\"\" mortgages on large houses, especially when using variable rate mortgages. This was the root cause of the bubble that was not taken into account by the bank's and rating agencies models.\""}
{"text": " \"I don't understand why he couldn't just log onto his account online, see the \"\"current balance\"\" and pay that?   I've got 4-5 credit cards (2 of them are Chase) and they *ALL* have an online portal which will show you a daily-calculated \"\"current balance\"\" right on your screen... you can then enter in your checking account and transfer over that amount to pay the whole thing off virtually instantly.   Does Chase continue to charge interest even after the balance goes to $0?\""}
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{"text": " Standard Deviation is a mathematical term that is useful in many areas. It can be considered a measure of how tight the data points are to the average. If there is consistency in the measurement system, then a point that is two standard from the average can be considered an outlier. It doesn't even need to be time based. We can say that a child born weighing less than X pounds is more than 2 standard deviations below the average.  Using it to look at a price or an index value doesn't make a lot of sense because many expect there to be long term growth. For example you would never say that you will buy a new jacket for your child when they are two standard deviations above their average height. You can say you will buy or sell a financial instrument when the P/E ratio is 2 standard deviations from some average. It could be the average of the long term history, or the index, or the sector. You could do the same thing for earnings per share or many other business of financial statistics. A standard deviation calculated from a time series assumes that the measurement will normally stay withing some bounds. And that straying from those bounds is a sign of the right time to buy or sell."}
{"text": " Hard to say in general. It depends on the actual numbers.  First you need to check the suggested retail price of a new car, and the price that you can actually get it for. The difference between these prices is between non-existing and huge, depending on the car. Some dealers will sell you a car that has done 50 miles for a huge rebate - that means they can't sell their cars at full price but don't want to reduce the price. Used cars can be quite expensive compared to a new car or not, also depending on the brand.  Estimate that a brand new car should drive 12 years and 200,000 miles without major repairs (go for a car with generous warranty or check reviews to make sure you are buying a long lasting car). Calculate the cost per year. Since you prefer driving a nicer new car, increase the cost for the first four years and reduce the cost for the last four years. With that information, check what the used car costs and if that is reasonable. Assuming 12 years life, a six your old car should be quite a bit less than 50% of a new one.  You can improve your cost a bit: If your annual mileage is low, you might find a rather new car with huge mileage quite cheap which will still last many years. Or if your annual mileage is excessively high, you can look for a car that is a bit older with low mileage.  Anyway, paying 70% of the price of a new passenger car for a used car that is six years old (you say <7 years, so I assume six years) seems excessive; it would mean the first user effectively paid 30% of the new price to drive the car for six years, and you pay 70% to drive another six years (estimated). You'd be much much better off buying a new car and selling it for 70% after six years."}
{"text": " By mentioning Half-Life 3 you have delayed it by 1 Month. Half-Life 3 is now estimated for release in Nov 3453. ___ ^I ^am ^a ^bot, ^this ^action ^was ^performed ^automatically. ^To ^disable ^WIHL3 ^on ^your ^sub ^please ^see ^/r/WhenIsHl3. ^To ^never ^have ^WIHL3 ^reply ^to ^your ^comments ^PM ^'!STOP'."}
{"text": " Yes you will need an emergency fund for the rental. Besides appliances, or a roof, that might need to be replaced, you will also have to protect against being unable to rent the unit.  Another risk is that you may have a tenant damage the unit. While you can get the money through the courts it may take months or longer. You can't wait for the money before you repair the unit. Keeping the rental unit funds separate from the rest of your funds will allow you to make sure you are adequately protecting yourself."}
{"text": " \"Sounds like you live in a fantasy land where everyone has infinite do-over lives and market forces are magic panacea.  Clean air and water is a public good that shouldn't be left up to multiple parties upstream or in the region to hash out in a legal system how to remedy problems on a case-by-case basis while individuals have to deal with resulting cancer, brain damage, etc.  We shouldn't leave issues like this to crop up from short-sightedness and cognitive biases of private parties left to their own devices.  There should be regulation of industries that minimize the risk/impact of pollution without being counterproductive by halting the economy altogether.  If the US had been run the way you want, we'd have had prevalence of leaded gasoline, paint, and lead in drinking water for decades more.  And we'd have higher crime rates due to the brain damage caused by lead.  Making all roads private and for-profit creates a profit motive in acquiring lands that are strategically important in transportation, opening up opportunities for monopolies and collusion.  Your proposal will replace a government \"\"monopoly\"\" on roads answerable to voters with a private monopolies or cartels that answer to no one because there is no competition.  And this will kill the benefit we have in network effect of public roads.  Law and law enforcement is a matter of trust.  We need to have trust and reasonable expectation of fairness/uniformity in the law enforcement and justice system for individuals and companies to conduct their lives/business.  I am not convinced that a nation with disparate systems with their own private laws and security forces and with no hierarchy somehow achieves that goal.\""}
{"text": " Bitcoins have the potential to be an alternative to gold or USD, but not yet. Their value is too volatile, and there are still serious security concerns. I would strongly advise anyone against putting more than a small % of their worth in Bitcoins."}
{"text": " The thing is simply this, if it were not for Israeli control of America's economy, the Fed the Treasury . . .America would not be arming Israel and spending billions of dollars in Military Aid.   The Palestinians, can't even get water and medical supplies because Israel has been blockading them for the last decade.  As America's economy fails and Military power wanes and its opinion is no longer of any importance and the world comes to openly admit that Israel is the root cause of terrorism and the facilitator, financier and operator of Groups like ISIS, things will change. While you may not be disarmed, it will indeed be fun to watch brave Israeli forces fight an armed Palestinian force with the ability to hit back meaningfully.  I am sure Middle east peace will find you a lot quicker"}
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{"text": " Depending on your local laws, such a layoff may be an unlawful act. If the whole purpose of the lay-off is to strip the employees of their RSU's, the employer may be liable and get sued. However, you have to check that with a lawyer licensed in your jurisdiction. In many places there are no laws against this. In any case, you may claim that there was no good faith/just cause in the action and still sue the employer. Mere threat of a lawsuit may thwart the whole deal, so I suggest the employees to lawyer up and talk to the employer. That, by the way, will require to create a union - a representative body for the employees. In some places that by itself may be a just cause for termination (in some extremely anti-union jurisdictions, I would guess if there were some they would be in the US). Bottom line - talk to a lawyer."}
{"text": " [Evidence?](http://governmentisgood.com/articles.php?aid=17)  What you are asking for is evidence based on theoreticals.  You can\u2019t have that evidence unless it has actually been tried.  So what you get instead is the same thing we see in Congress: a discussion of theoreticals.  The biggest problem is the way we react to taxes changed based on the current circumstances we are in.  Our circumstances have yet to repeat themselves.  We are s relatively young country.  Good luck finding evidence to support either side.  Instead, look for and debate good arguments from each side."}
{"text": " If you have other savings, the diversification occurs across the accounts. e.g. my 401(k) has access to the insanely low .02% fee VIIIX (Vanguard S&P fund) You can bet it's 100% in. My IRAs are the other assets that make the full picture look better allocated.  A new investor has the issue you suggest, although right now, you can deposit $5500 for 2013, and $5500 for 2014, so with $11K available, you can start with $6 or $9K and start with 2 or 3 funds. Or $9K now, but with $500 left over for the '14 deposit, you can deposit $6K in early '15.  The disparity of $3K min/$5500 annual limit is annoying, I agree, but shouldn't be a detriment to your planning."}
{"text": " i think you're right regarding Amazon, but overall the grocery sector is experiencing a price battle especially with chains like Aldi and Winco expanding. Now with Amazon throwing their hat in the ring, I think their muscle and reach puts more downward pressure on prices sector wide even if this is just temporary penetration pricing. will be interesting to see how this plays out."}
{"text": " I believe this argument is most often used when considering which debts to pay back first, or when there are other options available such as investment options, building up an emergency fund, or saving for a large purchase.  In that case, it's simply justifying making minimum payments and paying more over the life of the loan in exchange for larger liquidity in the present. Unfortunately, when it comes to choosing between which debts to pay (e.g. My mom pays more than the minimum on her car because she can't deduct auto loan interest, despite her mortgage carrying a higher interest rate), it's only beneficial if the tax savings offsets the interest savings difference. The formula for that is: tax bracket > (1 - (target loan interest rate / mortgage interest rate)) That said, most people don't think in the long term, either by natural shortsightedness, or by necessity (need to have an emergency fund)."}
{"text": " I don't believe this.  Really, if you have the drive and motivation in this country, you really can do anything you want.  Sure, the mold says that you need a 4.0 gpa from Harvard and an MBA from Wharton... but that doesn't mean that its for everyone.  Employers value determination more than anything, so if you really want a job, you *will* find a way to get it; most of the time, the only thing holding us back is ourselves.  Sounds corny as shit i know, but its true.   If you bang on every door, network with every hiring manager, you will get a job.  and if for some reason they turn you down, you can still start your own business.  **tl;dr  no.**"}
{"text": " The motley fool is one of the best places.  Other good communities are Yahoo Finance, Seeking Alpha, and Investors Place. I also recently created a chat room connected to this site to discuss stocks/funds/etc. with other money.stackexchange users.  http://chat.stackexchange.com/rooms/263/investing"}
{"text": " \"For the Canadian side, I like BNN's website and shows. The first 15 minutes of \"\"The Close\"\" is a nice little recap. The weekly show with Andy McCreath is alright as well. I'm curious to know if anyone has better sources.\""}
{"text": " Well, judging by the guys at my local BK's they're using the microwave way more than they should be.  I mean, it's one thing to quote policy, it's another when I watch the dude take my burger out of the tray and pop it in the nuker like it's nothing."}
{"text": " You can file a revised W-4 with your employer claiming more allowances than you do now. More allowances means less Federal tax and (if applicable and likely with a separate form) less state tax. This doesn't affect social security and Medicare with holding, though.  That being said, US taxes are on a pay-as-you-go system. If the IRS determines that you're claiming more allowances than you're eligible for and not paying the proper taxes throughout the year, they will hit you with an underpayment penalty fee, which would likely negate the benefits of keeping that money in the first place. This is why independent contractors and self-employed people pay quarterly or estimated taxes. Depending on the employer, they may require proof of the allowances for adjustment before they accept the revised W-4."}
{"text": " Brownbag your lunch and make coffee at home.   If your current lifestyle includes daily takeout lunches and/or barista-made drinks, a rough estimate is you have a negative cash flow of $8-20 per day, $40-100 per week, $2080-5200 per year.   If you have daily smoothies, buy a blender.  If you have daily lattes buy an espresso maker.  I recently got myself a sodastream and it's been worth it.   Until you have a six figure portfolio, you aren't going to swing a comparable annual return differential based on asset allocation."}
{"text": " \"I don't agree that the market as a whole is a ponzi scheme, but there are some ponzi-like aspects to it. If you buy high quality stocks like Coca Cola, Johnson and Johnson, AT&amp;T, Verizon, Kraft, Wells Fargo (the vanilla bank, not one of the crazy ones), IBM, Berkshire Hathaway etc and simply hold onto them for the next 10-20 years, you will make money. Even over the last decade, when stocks \"\"went nowhere\"\", you still came out ahead through the dividend payments. It was just at an unsatisfactory rate of return. Also \"\"the market\"\" consists of a lot more than just stocks. Corporate bonds are a big market and I always recommend people to look at bonds. If you cannot judge whether a company is credit worthy, how can you invest in the common stock? I've made a lot more money myself in the bond market than in the stock market.  However, for many stocks, they do look a lot like ponzi schemes. This is true, in particular, with many of the tech stocks (Cuban was a tech investor, so that is probably where his sentiment is coming from). You have many of these companies that create great products. However, they never have positive cash flow because all the money is spent to develop new products. As the share price goes up, the company issues new shares to fund research, stock options to employees to enrich them, etc. However, eventually, they run into a string of bad research that do not yield a new product and the share price plunges. Perhaps the company goes bankrupt. So you have a company that developed great products, but the shareholders never got a penny in dividends and the final shareholders have paper worth zero.  Take a look at Research in Motion for example. Creating the Blackberry has to be one of the biggest successes in tech over the last decade. However, has the shareholders gotten any richer? Only if they traded amongst themselves, nobody got a dividend. What happened to the many billions of dollars they made during the peak popularity years of Blackberry? It went to executives, employees, and was squandered on development that did not effectively defend the phone's dominant market position. Now the stock price is back down to the pre-prime years, and if a shareholder held onto it throughout the entire period, he would not have received a single penny. And this is a profitable enterprise, things look even more bizarre when you start looking at the tech companies that have NEVER had a positive earnings quarter and no plans to ever have positive earnings (something like Pandora comes to mind). Often, management at these more bizarre companies run the company as a toy - to play with their own ideas and to issue themselves stock as compensation. And of course, they sell a lot of the stock to cash in before they delve into the next risky venture. They have no intention of ever enriching anybody who holds into the stock in the long run. If for some reason they make money, they will put it all into their next toy project until one of them fails and wipes everything out.  If you invest in a profitable business with reasonable management, you will generally come out ahead. Some businesses get displaced by unpredictable circumstances and they go bankrupt. But on average, if a company is good at doing something and they pay out the earnings, you come out ahead. You get in trouble when businesses are good at something, and they take all the money they make and put it into doing something they are not good at. A business might only provide good cashflow for 10-20 years when the product is popular and before competitors cut into margins. If that money is squandered, the long term shareholder may ultimately have very terrible results. The long term shareholder ends up being the guy who keeps going all-in on a 80%-chance-to-win bet (that is what management is doing when they bet the company on the next unproven product), but eventually he gets zeroed out on one loss.  This is why if you look at Buffett's investments, they are all in simple businesses that spits off cash to the owner/shareholder. Businesses like soft drinks, snacks, rail roads, vanilla banking, utility-like energy companies, insurance, etc. You might be good at judging the odds of whether a business will succeed or not (aka make more money than your original investment or not). But you don't want management of that company to make a wildly different bet for you. Just because they are great at operating a company doesn't mean they are good enough at judging odds or disciplined enough to make those bets for you. I may have predicted accurately that Business X will be a great success, but if manage takes those profits and goes all in on Business Y, without giving me a chance to cash out, that may have disasterous results.\""}
{"text": " \"It's not just u/foood and Dems that dislike Rauner. Any politically conscious moderate understands that both Madigan and Rauner are to blame. Madigan's leadership in reckless spending has helped produce a massive deficit, but Rauner's \"\"my way or the highway\"\" attitude has been far more damaging to the state and is the primary root cause of the current now years-long budget impasse.\""}
{"text": " I keep one card just for monthly bills (power company,car loan, etc.).  This one is unlikely to get hacked so I won't have to go change the credit card information on my monthly bills.  I pay the credit card from my bank account.  I just don't want a lot of businesses with direct access to my bank account."}
{"text": " Have you made the effort to even look?    Don't take the argument that because the average american spends little of their money on chinese goods its ok.  From your already linked and cited article.  What is an average american?  What about the 50% that are above average?  Spending, in fact is not the issue.  Jobs are.  Off-shoring is talking a toll on american manufacturing.  Then there are the white collar IT jobs.  Free trade agreements created jobs.  Where they equal to the jobs that moved out because of NAFTA?  No."}
{"text": " Many (if not all) of these companies have former I-bankers in their corp dev groups.  The author's platform is one of many that can connect buyers and sellers directly. At the end of the day, if you are a buyer, do you have the resources and competence to conduct proper due diligence? Quite possibly.  As a seller, do you have the ability to understand industry dynamics and the ability to maximize your valuation? Doubtful.  Buy side M&amp;A has merit, but sell side M&amp;A has proven to deliver value to the majority of clients."}
{"text": " The intrinsic value of a company is based on their profits year on year along with their expect future growth. A company may be posting losses, but if the market determines there's any chance they will turn a profit one day, or be a takeover target, it assigns value to those shares. In normal times, you'll observe a certain P/E range. Price to earning ratio is a simple way to say the I will pay X$ for a dollar's worth of earnings. A company that's in a flat market and not growing may command a P/E of only 10. Another company that's expanding their products and increasing market share may see a 20 P/E. Both P/Es are right for the type of company involved."}
{"text": " I believe that recharacterizing a contribution for a given year can only be done before the tax filing deadline for that year. So it would be too late to recharacterize them now. At this point, I believe the only things you can do are (see What if You Contribute Too Much?): The implications are not at the time of retirement -- rather, the implications are that every year since the excess contribution, you have to pay a penalty of 6% of the excess contribution, until you take it out (or it is absorbed into a future year's contribution limit). If you haven't been reporting that penalty on your tax returns in the last few years since your contribution, that also means you have been underpaying your taxes and you need to go back and fix that."}
{"text": " An employer also needs somebody to show up on time, be reliable and can take written instruction.  A college degree also means that they can find different classrooms throughout the day, listen for 50 minutes and DO THAT FOR YEARS.  Nearly anybody can do something for 5 minutes.  I've employed people and those two are most difficult to suss out in less than 90 days."}
{"text": " FASFA financial aid formulas determine 'expected family contribution'.  For example my alma mater now has a 'list price of over $65k/year.  The average student today actually pays $42k/year after grants.  Students with rich parents pay more than that.  Students with poor parents pay less than that.  Lets say list prices for my kids colleges average $110k/year while they are in school.  If we 'only' make $200k then based on our income alone, EFC would start in the low $50ks per year.  If we have $1M saved in taxable accounts, 529s, rental properties, etc, then we also have to pay 5.64% of the value of those every year for the eight years my kids will be attending - an *extra* $56.4k/year every year for 8 years.  If that $1M is in assets that don't count such as retirement accounts and equity in primary residence, then it doesn't increase the price my kids are billed.  That's a pretty big incentive to put everything I can in home equity, Roth IRA, Spousal Roth IRA, traditional 401k, after-tax 401k, and HSA.  If I could afford to save more I'd switch from traditional to Roth 401k and pre-pay retirement taxes at a higher marginal rate rather than have the savings on the side subjected to the college wealth/income taxes which are effectively a much higher difference between the 25% (now) and 15% (later) federal tax brackets.  Profile and consensus formulas have slightly different percentages and count some home equity if you have an expensive house, but the general idea is the same."}
{"text": " \"Like you said, it's important to keep your personal assets and company assets completely separate to maintain the liability protection of the LLC. I'd recommend getting the business bank account right from the beginning. My wife formed an LLC last year (also as a pass-through sole proprietorship for tax purposes), and we were able to get a small business checking account from Savings Institute and Trust that has no fees (at least for the relatively low quantity of transactions we'll be doing). We wrote it a personal check for startup capital, and since then, the LLC has paid all of its own bills out of its checking account (with associated debit card). Getting the account opened took less than an hour of sitting at the bank. Without knowing exactly where you are in Kentucky, I note that Googling \"\"kentucky small business checking\"\" and visiting a few banks' web sites provided several promising options for no-fee business checking.\""}
{"text": " So the OP said you can live a decent life on min wage, but the only way to do it is to suck off of the rest of your family, or work staggered shifts?  Ahh, never seeing your spouse, the american dream in action!"}
{"text": " I would think you need proof that you actually bought it when it was cheaper, but that's a guess. You are supposed to pay the capital gains tax on bitcoin gains, same as if you made money on a stock  https://www.google.com/amp/s/www.forbes.com/sites/greatspeculations/2017/02/21/if-you-traded-bitcoin-you-should-report-capital-gains-to-the-irs/amp/"}
{"text": " Our two rentals have yielded 8.5% over the past two years (averaged). That is net, after taxes, maintenance, management, vacancy, insurance, interest. I am only interested in cash flow - expenses / original investment. If you aren't achieving at least 4.5-5% net on your original investment you probably could invest elsewhere and earn a better return on a similar risk profile."}
{"text": " \"Personally, I would: a) consider selling the car and replacing it with a 'cheaper' one.  If you only drive it once a month, you are probably not getting much 'value' from owning a nice car. b) move the car (either current or replacement) out to your parent's place.  The cost of a plane ticket is about the same as the cost of the garage, and your parents would likely hold on to it for free (assuming they live in the suburbs, and parking is not an issue) option b should lower your insurance costs (very low annual mileage) and at least you'll get some frequent flier miles out of your $350 a month. That being said: this is a \"\"quality of life\"\" issue, which means that there isn't going to be a firm answer.   If you are 25, have little debt, which you are paying off on time, have an emergency fund, and you are making regular contributions to your 401k, you are certainly NOT \"\"being seriously irresponsible\"\" by owning a nice car.  But you may decide that the $1000 a month could be better spent somewhere else.\""}
{"text": " &gt; You see zero ads? Really? Have you watched a YouTube video recently?  It's funny that statement has been met repeatedly now with disbelief where most people would simply ask how I block all of the ads. Which I assure you, I am doing."}
{"text": " Do you really think that toll booth collectors deserve a 58k base salary?  I mean, sure, pay them for the hours they work, but that is a job that requires no education and is already being done by computers.  I can't know of many jobs where the skill/pay ratio is so badly skewed.  Fuck me, sit in a booth all day working as a cashier and you can make more than teachers, PhDs, professors, public workers, construction people, and on and on."}
{"text": " Well, if you did not vote for Hillary/Democrat, I applaud you!  I always voted for democrats: Obama twice, Al Gore (idiot), Kerry (much bigger idiot), and Bill Clinton twice.  Last election I voted for the first time for a Republican. I would not vote for the other 2 alternative from smaller parties - don't agree with them, they are idiots, and it's a waste of my vote.  Anyway, back to Trump, not my ideal for a president, he's doing very good job in many areas. Don't agree with everything he does, but the majority of what he did I agree."}
{"text": " Regulation is necessary for preserving competition. Regulatory capture is the problem.  Capitalism is all about efficiency, costs are very similar for all participants, so if you're more efficient than your competitors you gain market share (even if that means marketing or lobbying efficiency). Monopolies, cartels are always natural attractors for markets, and with serious barriers to entry (infrastructure by its nature is very much about network effects overcharged by economies of scale gains) it's not much of a surprise that we're in the current situation even after Ma' Bell got split up.  Or, you can go for the maximum property rights libertarianism, but then you are very much in the danger of getting eaten by marketing-fanaticized big-estate zombies. (Since people are not to be trusted even basic acceptance and coordination of property rights is/would be difficult, and with increasing craziness in the wilderness your security insurance premium would go up until you just can't afford it anymore. That's why I'm a bit afraid of all out anarchy as touted on AnCap subreddits.)"}
{"text": " government regulations are and have been killing off American enterprise, e.g.  The Code of Federal Regulations (CFR) is divided into **50 titles** representing broad areas subject to Federal regulation. Each Title is divided into chapters that are assigned to agencies issuing regulations pertaining to that broad subject area. Each chapter is divided into parts and each part is then divided into sections -- the basic unit of the CFR.  Those interested in a specific topic, such as Telecommunications, need only purchase a specific volume or groups of volumes that pertain to the desired topic.   A full set of the CFR consists of approximately **200 volumes**. The approximately 200 CFR volumes are revised at least once a year on a quarterly basis as follows:  [full link is here](http://bookstore.gpo.gov/catalog/laws-regulations/code-federal-regulations-cfrs-print)"}
{"text": " it is pretty much the same as a normal margin loan but cheaper because you don't own the underlying share.the if the margin is $1000 at 5% you could borrow $20000 in total so the actual amount would be $19000 in total that you would have to pay interest on so at the moment it is 5.1% which is $19000x5.1% /365 days =$2.66 a day and if the share price rises you don't pay extra in interest costs unless you have borrowed more.it still stays at 2.66 a day until you have sold the shares"}
{"text": " &gt; 500 million active consumers worldwide, with about 1,500 data points per person.  500 million is a lot of people to keep track of, but 1500 data points per person probably isn't enough to get a reliable answer out of a machine learning algorithm. Unless each 'data point' is meant to mean something they definitively 'know' about each user."}
{"text": " Whether or not you use a real estate agent, at some stage most people use a lawyer to do the actual buying and selling and set up the agreements. If you've never dealt with a lawyer directly before it's probably because your agent has acted as a front-person for the lawyer. If you go to a lawyer and tell them what you want to do they will sort it out, and should tell you in advance how much it will cost. You and your friend will probably need one each."}
{"text": " An activity which can help improve your credit score and actually make you money is stoozing. It's a little complicated but can be beneficial to do. Using either a credit card which allows fee free money withdrawals from cashpoints or building up debt using your credit card gives you access to your credit amount. You then use a long term 0% balance transfer card to transfer the debt which you pay off at the minimum rate. It's 0% so no costs are associated except for the initial fee paid for the balance transfer amount. The money that would have been used to pay off the credit amount (or money withdrawn from a cashpoint) can then be deposited in a savings account so you are now earning interest on the credit balance. Continuing to make monthly minimum payments via direct debit will help improve your credit rating and the savings money will earn interest. (it is also available if you suddenly need to pay off the 0% card)"}
{"text": " I feel like as millennials rise and become the next round of CEOs they'll already have more core knowledge than what a current traditional CEO has around concepts of technology. To me this is just the natural evolution of the CEO.    As far as current CEO's, ya great learn some tech stuff, however it won't really skyrocket them in my opinion (don't get me wrong, if you're CEO of Apple or Google, I'm going to guess you know some tech stuff). However for non-tech industries, if current CEO's want to learn more about tech I think that's great but, most of them still won't get it, they'll just say the normal buzzwords and enough to get by. Then a CTO/CIO will step up. Also one risk here is, you get a CEO who wants to learn tech or gets a wild hair and then they think they know everything and then the backsliding begins, I actually worked at a company that went this direction because a CEO learned about a new product that would replace our backend processing software and wanted everyone to start converting to it, then the CIO had to come in and take reins."}
{"text": " Typically developing economics are marked by moderate to high inflation [as they are growing at a faster pace], higher in savings rate and higher lending rates. If you reduce the lending rate, more business / start-up will borrow at cheaper rate, this in turn means lowers savings rate and leads to higher inflation. To combat this Central Banks make borrowing expensive, which lowers inflation and increases the saving rate. Essentially all these 3 are tied up. As to why these countries offer higher interest on USD is because most of the developing countries have trade [current account] deficit. They need to bring in more USD in the country. One of the ways is to encourage Non Resident Citizens to park their foreign earning back home, ensuring more funds USD inflow.  The rate differential also acts as a guide as to how the currency would be valued against USD. For example if you get 8% on USD, less than 12% had you converted same to Rouble, at the end of say 3 years, the exchange rate between USD and Rouble would factor that 4%, ie rouble will go down. Developed countries on the other hand are marked by low inflation [they have already achieved everything] as there is no spurt in growth, it more BAU. They are also characterized by low savings and lending rates."}
{"text": " Your website needs to be technically geared towards SEO best practices. If you are not on the first page of search engine results, then you are losing ground to your competitors. We get you there. We help you do that before you invest in any marketing activities. SEO In Utah boost your ranking figure and the profits you make will cover your initial costs. Feel free to visit us at: http://sitesbysara.com"}
{"text": " Need an ambience where you can meet your team mates and have some brainstorming sessions but cafes don\u2019t fit your bill? Or perhaps looking for a professional meeting room where you can network and collaborate with your prospective clients but can\u2019t afford to enter into contractual leasing obligations?"}
{"text": " I use KMyMoney in Linux. They distribute a Mac version too. Plus, it is free!"}
{"text": " \"Good, though I don't expect the Republican Congress to let this get implemented. Mandatory arbitration and \"\"tort reform\"\" are basically just ways for companies to legal-Houdini their way out of taking responsibility for their actions. The fact that the self-declared \"\"party of personal responsibility\"\" supports things like that is the height of hypocrisy.  Class-action lawsuits are not without problems. The people who were wronged often recover only a small portion of the damages they deserve, but when the government abdicates its responsibility to enforce the law, class-action lawsuits are often the only way to hold companies accountable for their misdeeds.\""}
{"text": " They also have greatly reduced access to reproductive care and traditional health care at all. I'm for free condoms in every public school and college campus. But no the religious right won't stand for it. The real reason is the right loves poverty because it's profitable and keeps wages low and unemployment high."}
{"text": " Here are the specific Vanguard index funds and ETF's I use to mimic Ray Dalio's all weather portfolio for my taxable investment savings. I invest into this with Vanguard personal investor and brokerage accounts. Here's a summary of the performance results from 2007 to today:  2007 is when the DBC commodity fund was created, so that's why my results are only tested back that far. I've tested the broader asset class as well and the results are similar, but I suggest doing that as well for yourself. I use portfoliovisualizer.com to backtest the results of my portfolio along with various asset classes, that's been tremendously useful. My opinionated advice would be to ignore the local investment advisor recommendations. Nobody will ever care more about your money than you, and their incentives are misaligned as Tony mentions in his book.  Mutual funds were chosen over ETF's for the simplicity of auto-investment.  Unfortunately I have to manually buy the ETF shares each month (DBC and GLD). I'm 29 and don't use this for retirement savings. My retirement is 100% VSMAX. I'll adjust this in 20 years or so to be more conservative. However, when I get close to age 45-50 I'm planning to shift into this allocation at a market high point.  When I approach retirement, this is EXACTLY where I want to be. Let's say you had $2.7M in your retirement account on Oct 31, 2007 that was invested in 100% US Stocks. In Feb of 2009 your balance would be roughly $1.35M. If you wanted to retire in 2009 you most likely couldn't. If you had invested with this approach you're account would have dropped to $2.4M in Feb of 2009.  Disclaimer: I'm not a financial planner or advisor, nor do I claim to be. I'm a software engineer and I've heavily researched this approach solely for my own benefit. I have absolutely no affiliation with any of the tools, organizations, or funds mentioned here and there's no possible way for me to profit or gain from this. I'm not recommending anyone use this, I'm merely providing an overview of how I choose to invest my own money. Take or leave it, that's up to you. The loss/gain incured from this is your responsibility, and I can't be held accountable."}
{"text": " \"This is the best tl;dr I could make, [original](http://news.sky.com/story/japans-economy-posts-longest-unbroken-growth-streak-in-more-than-a-decade-10988359) reduced by 71%. (I'm a bot) ***** &gt; It was the strongest quarter of growth since the first quarter of 2015.  &gt; It means Japan is growing faster than the likes of the United States, whose economy grew by just 2.6% on an annualised basis during the same period, and appreciably faster than the UK. Japan&amp;#039;s economy has now grown for sixth successive quarters, the longest growth streak it has enjoyed since 2006, representing a triumph for Prime Minister Shinzo Abe, who took office in 2012 promising a revival.  &gt; Toshimitsu Motegi, Japan&amp;#039;s new economic and fiscal policy minister, said the stronger-than-expected growth reflected continued strength in consumer spending and business investment.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ttbyy/japans_economy_beats_the_forecasts_growing_by_4/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~191182 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*: **Japan**^#1 **growth**^#2 **quarter**^#3 **economy**^#4 **year**^#5\""}
{"text": " \"&gt;There are ways  So you have no idea how to uphold these \"\"standards\"\".   If Canada did it, the Star would have been shut down years ago. And the CBC as well.  Journalism was never respected in the US. The advent of the 24 hour cable news hole and the internet raised awareness of just how ....*imperfect* what passes for journalism is, as journalists revealed other journalist's failings. Also, if you dropped your left-wing bias and did an analysis of all major papers in the U.S., you'd find that News Corp. papers are no worse, and actually somewhat better than the rest as far as accuracy.\""}
{"text": " You can borrow against a 401k for 5 years. This defers any penalty fees that the IRS mandates. Put the cash back in your 401k within those 5 years. you can also solo administer 401k plans even if you have an unincorporated business, so you can start one of those if you have any other form of cashflow, and there may be a way to get the other plan rolled into your solo one.  http://www.irs.gov/publications/p560/ch04.html#en_US_publink10009053"}
{"text": " \"As an opinion column that uses the word \"\"toxins\"\" I can't help but dismiss it entirely.  [Here is the summary of the study](http://www.leopold.iastate.edu/news/07-09-2012/higher-diversity-fewer-inputs-make-profitable-farms) which is much clearer about their results, the problems, and lacks the \"\"oh no not CHEMICALS\"\" woo.\""}
{"text": " \"Here's a dump from what I use. Some are a bit more expensive than those that you posted. The second column is the expense ratio. The third column is the category I've assigned in my spreadsheet -- it's how I manage my rebalancing among different classes. \"\"US-LC\"\" is large cap, MC is mid cap, SC is small cap. \"\"Intl-Dev\"\" is international stocks from developed economies, \"\"Emer\"\" is emerging economies. These have some overlap. I don't have a specific way to handle this, I just keep an eye on the overall picture. (E.g. I don't overdo it on, say, BRIC + Brazil or SPY + S&P500 Growth.) The main reason for each selection is that they provide exposure to a certain batch of securities that I was looking for. In each type, I was also aiming for cheap and/or liquid like you. If there are substitutes I should be looking at for any of these that are cheaper and/or more liquid, a comment would be great. High Volume: Mid Volume (<1mil shares/day): Low Volume (<50k shares/day): These provide enough variety to cover the target allocation below. That allocation is just for retirement accounts; I don't consider any other savings when I rebalance against this allocation. When it's time to rebalance (i.e. a couple of times a year when I realize that I haven't done it in several months), I update quotes, look at the percentages assigned to each category, and if anything is off the target by more than 1% point I will buy/sell to adjust. (I.e. if US-LC is 23%, I sell enough to get back to 20%, then use the cash to buy more of something else that is under the target. But if US-MC is 7.2% I don't worry about it.) The 1% threshold prevents unnecessary trading costs; sometimes if everything is just over 1% off I'll let it slide. I generally try to stay away from timing, but I do use some of that extra cash when there's a panic (after Jan-Feb '09 I had very little cash in the retirement accounts). I don't have the source for this allocation any more, but it is the result of combining a half dozen or so sample allocations that I saw and tailoring it for my goals.\""}
{"text": " \"Top down approach needed when bottom-up approach of markets leads to   periods of high unemployment Imagine a chart that starts with one point at the top and breaks it down into the details by the time you get to the bottom. People can read this chart either from the top and go down or from the bottom and go up. Wikipedia does have articles on Top-down and bottom-up design if you want more detail than I give here. Top down refers to the idea of starting at a high level and then working down to get into the details. For example, in planning a vacation, one could start with what continent to go, then which country, then which cities in that country and so forth. Thus, the idea here would be to start with macroeconomic trends and then create a strategy to fix this as the other way is what created the problem. The idea of taking a subject or system and breaking it down into individual pieces would be another way to state this. Bottom up refers to the idea of starting with the details and then build up to get a general idea. To use the vacation example again, this is starting with the cities and then building up to build the overall itinerary. Within political circles you may here of \"\"grassroots\"\" efforts where citizens will form groups to gain influence. This would be an example of bottom up since it is starting with the people. The idea of taking individual components and putting them together to build up something would be another way to state this. The statement is saying that a completely different style of approach will be necessary than the one that created the problem here.\""}
{"text": " Yes, there are a bunch. I have used Paypal and it worked quite nicely. I see endless ads these days for Square, a tiny card reader that you plug into a smartphone that lets you swipe the card. (With Paypal you have to type in the credit card number.)"}
{"text": " \"As far as I can recall, savings and chequing accounts exist due to regulations on the banking industry that put were into effect after the depression to prevent a \"\"run\"\" on the bank.   A chequing account is a \"\"demand\"\" account, meaning you can go and demand your money, and they have to pay immediately, by means of a withdrawal or a cheque.  Banks used to get out of hand and loan out pretty much all the money they had on deposit, and of course those people with loans just put the money they borrowed into another chequing account and the bank loaned that out to someone else.  The money that people believed they had access to multiplied indefinitely.  However, when everyone goes to take that money out at the same time, you have a run on the bank.  Therefore, government regulations stipulate a % that the bank must have on-hand.  The typical number is 5%.  That effectively limits the money multiplier to 19 times. Savings accounts get around this restriction by putting limits on how much and how quickly you can withdraw the amounts.  They pay you more interest because the money in a savings account is worth more to them, because it's not subject to those restrictions. Some chequing accounts pay interest, but you have to maintain a minimum balance.  Some savings accounts allow you to write cheques, but I assume the withdrawal limitations probably still apply. There's also something to do with deposit insurance (as in, the chequing accounts are covered by government deposit insurance, but savings accounts are not).  I'm not 100% certain of that though.\""}
{"text": " Having both purchased income properties and converted prior residences into rental properties I have found that it is difficult to get the banks to consider the potential rental income in qualifying you for a loan.  It helps if you have prior rental experience but in many cases you will have to qualify outright (i.e. without consideration of the potential income).  The early 2000s were great for responsible borrows/investors but today's regulations make it much more difficult to finance income property."}
{"text": " It sounds like you're putting all your extra money into insurances because you feel that one can never have too much insurance. That's a very bad idea, financially. Basically it means you'll end up giving your money away to insurance companies in order to satisfy that feeling. Do realize that the expected value of every instuance is negative: on average, you'll pay more money than you'll receive. Otherwise, insurance companies would go bankrupt, so they are very good at ensuring that they get more in premiums than they pay out. Insurance should only be bought to cover essential risks, things that would ruin you: major health problems, death (to cover dependants), disability, liability. For everything else, you should self-insure by saving up money (up to a few months' wages) and putting it into safe and liquid investment vehicles as an emergency fund. That way, you are much more flexible, don't pay for the insurance company's employees, fancy offices and profits, and may even earn some interest."}
{"text": " Maybe, but other companies have done similar things to purposely destroy wages at recessions.    And since Gates isn't at a paternalistic command now, I expect Microsoft to get naturally more exploitative as the business class replace engineer/programmer-managers."}
{"text": " Problem is that in California it's up to the lawyer to prove that the employee is lying. So if an employer is sloppy as was probably the case here the employees can say whatever the fuck they want to say and it's considered the truth until proven otherwise.  Just writing down all the hours you supposedly worked the night before reporting it to the labor board is sufficient.  Had an employee once that lied their ass off. Overwhelmingly proved they were lying. Still had to pay legal fees in the thousands of dollars (while they get everything free). And they can continue to do this as many times as they want for up to three years after their termination as long as each time it's a different complaint (in theory someone bored and persistent enough could bankrupt a small business this way with no and I mean no recourse whatsoever)   Fuck California."}
{"text": " Online you can find better than average free psychic chat room. Psychic readings exactness can change contingent on your association with a specific otherworldly peruser. It doesn't make a difference whether one is ensured or a world acclaimed psychic, nobody can offer flawlessness with regards to precise free psychic chat room expectations constantly. There are numerous approaches to look for direction yet a talk perusing can furnish you with and encounter that most nearly takes after an in person session since you can see one another up close and personal."}
{"text": " Just the Y-axis is manipulated, doesn't make it garbage. How else would you graphically demonstrate the strong correlation all in one graph given that the levels of the two series differ so much ... Would it be more convincing if he gave you the correlation coefficient over the relevant period (which I bet would be pretty close to 1 and would convey the same point as the graph)."}
{"text": " Amazon just delayed my entrance into e-books for a few years. First off, the prices are still crazy, and secondly, now you dont even own the shit you pay the same price as a paperback for.  They are managing to remove all of the benefits of going digital. I think they may be screwing themselves long term with these moves, publishers with integrity are going to start going around them..distributing e-books is very easy.."}
{"text": " Jim Rogers has been negative on India for decades.  I remember him saying something similar during early 90s.  He is a road travel adventurer type and makes his investment decisions on how his trips turn out.  India can be hell on even most seasoned of the adventurers!"}
{"text": " \"There is no simple answer to that, because no one knows exactly what the probability distribution of S&P 500 returns is. Here is a sketch of one possible way to proceed. Don't forget step 4!  The problem is that the stock market is full of surprises, so this kind of \"\"backtesting\"\" can only reliably tell you about what already happened, not what will happen in the future.  People argue about how much you can learn from this kind of analysis.  However, it is at the least a clearly defined and objective process.  I wouldn't advise investing your whole nest egg in anything based just on this, but I do think that it is relevant information.\""}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-08-30/as-poverty-surges-in-italy-populists-propose-a-citizens-income) reduced by 89%. (I'm a bot) ***** &gt; Five Star&amp;#039;s version would give Italians below the poverty line as much as &amp;euro;780 a month.  &gt; To keep Five Star from dominating the debate, Prime Minister Paolo Gentiloni, a Renzi ally, has approved a less ambitious plan he calls &amp;quot;The first universal tool against poverty.&amp;quot; The scheme, dubbed &amp;quot;Inclusion income,&amp;quot; would give 1.7 million people as much as &amp;euro;485 a month as long as they&amp;#039;re actively seeking work, at a cost of about &amp;euro;2 billion a year.  &gt; BOTTOM LINE - Italy&amp;#039;s populist Five Star Movement is proposing a universal basic income-an idea that rival parties have started to adopt ahead of elections expected next year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6x7otl/as_poverty_surges_in_italy_populists_propose_a/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~201948 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*: **Five**^#1 **Star**^#2 **year**^#3 **Party**^#4 **program**^#5\""}
{"text": " It's much more complicated than that. But to be extraordinarily brief, tech companies (and pharma and everyone else) off-shore the further development of IP (etc.) once it's going to be successful. They then license it back to the US-based entity, and gin up all manner of tax benefits. (Source: I did this for a living.)  The problem is that the revolutionary product that's generating billions of dollars was conceived of in the US, developed in the US under the benefits of the US economy at large, protected by US laws, often subsidized by US tax dollars, initially driven by US markets, and is owned by a US parent company. However, having used the vehicle to wealth that is the US, the company then cuts off the tax revenue to the US that's suppose to continue to fuel the broader context that gave rise to the benefits in the first place.   Say what you want about US corporate tax rates. This money has been subjected to 0% taxes in most cases and no chance in US tax rates will chance that calculation.   [This TED Talk is worth watching](https://www.ted.com/talks/mariana_mazzucato_government_investor_risk_taker_innovator)"}
{"text": " It's a good point to make with bot presence. For the most part Twitter is made of people, even if there are a lot of false or bot accounts. That being said I don't find it as strong a marketing channel because of the nature of Twitter at its core.   If you follow 1000 people you're likely to have nearly 10,000 tweets going through your feed. It's hard to really fight for attention but you can still get decent response and views when done right.   As for Instagram...  I think in the long term, just as any other social network, the lifespan of it depends on the content. As long as people are having new experiences and taking photos of them there will always be more content.   That being said there are tons of accounts that pretty much post the same content. It saturates things like the explore feature because they're using less than kosher tactics to get likes.   Ultimately I think policing of Instagram as they have been is the best strategy for keeping it going.   Even though I'm a marketer, I'm also a Millennial with pretty typical values. Blatant advertising is annoying and intrusive when it comes to user experience and many young people today feel that way.   By policing things like auto-engaging, false locations (you used to be able to just type locations like 'Follow Me') and being very keen on following through with reports of spam accounts is a good way to keep younger people on it.   Unless you're paying for ads marketing on Instagram typically consists of native content that looks good on feeds and needs engagement to rise up. This is a good way to curb marketing while still maintaining a good user experience.   As a side note, part of why I use Snapchat less is how they shove ads down your throat, which gets old pretty fast. Ads on snapchat pretty much ruined the platform for me personally aside from using it for communication.   As long as Instagram maintains this balance based around the user and not the advertisers I think it will be going for quite some time."}
{"text": " For me the aggressive approach makes sense since I have a longer time horizon before I need to withdraw the funds.  This style should also match your personality and you should have the patience and appetite to deal with market fluctuations which can be wild in some cases (as we saw in 2008-2009).  Not an easy question to answer since everyone's situation is different and everyone has to make their own decisions."}
{"text": " Lightning safety experts at Lightning Eliminators and Consultants Inc., understands the need of these industries to protect production equipment to avoid sudden drops or surge in voltages or even to disconnect from the main supply grid. The company has over 4 decades of experience in lighting safety and protection for these sectors, continuous research and professional solutions allowing to a considerable reduction of lightning damage. Visit us online here: https://lightningprotectiondesignblog.wordpress.com/2017/08/09/industrial-lightning-protection-and-safety/"}
{"text": " When Eddie Lampert took over, he boasted that people didn't care about crap like that if it meant lower prices. They spend something like 1/4 or 1/8 on store maintenance as everyone else does. So now only does that show, they still can't beat walmarts pricing."}
{"text": " \"I'm not convinced this is completely possible without additional data.  I'm categorizing my purchases now, and I keep running into things like \"\"was this hardware store purchase for home repair, hobby tools and supplies, cookware, ...\"\" Ditto for department stores, ditto for cash purchases which appear only as an ATM withdrawal. Sometimes I remember, sometimes I guess, sometimes I just give up. In the end, this budget tracking isn't critical for me so that's good enough. If you really want accuracy, though, I think you are stuck with keeping all your receipts, of taking notes, so you can resolve these gaps.\""}
{"text": " From Wikipedia: 'Bezos was one of the first shareholders in Google, when he invested $250,000 in 1998. That $250,000 investment resulted in 3.3 million shares of Google stock worth about $3.1 billion today.'  His wealth may be tied to amazon but he is a savvy investor. Recently, I was watching an early interview he did with Charlie Rose, and I read more about him - which led to reading the Wikipedia article."}
{"text": " \"This one struck a nerve I see.   I also certainly understand your side- it's not \"\"right\"\" for the consumer to do it, in a strictly moral sense of the word. However, they're operating in a marketplace where Target will use any and all tricks in the book to increase revenue, including tax dodging/sheltering, lobbying against their citizens' interest, using non-union shops (see the Canadians' discussion below), etc. That is, Target is doing everything it can to gain the upper hand against consumers/employees/labor, etc, in the old \"\"labor vs capital\"\" battle.   To ask individuals to adhere to a stricter set of marketplace rules is to put \"\"us\"\" (or any individual) at a disadvantage in said marketplace. Consumers need to be able to be just as ruthless in the marketplace as corporations. In this case, Target screwed up and thus pays for it. If Target found a perfectly legal loophole, it's guaranteed they would drive the whole ship through it. I mean, there's a reason corporate taxes rates are abysmally low.   The argument I would accept is this: One could argue that the consumers, by using the gift card deal in a way that deliberately violates the terms of the contract of said card, are committing fraud. That's fine- I have no problem with saying it's wrong on that technicality. However, economics has been called the \"\"dismal science\"\" for a reason- there's no morality in a marketplace.\""}
{"text": " \"Even less reason for influencers to tag it then?    The way it works for us is our PR company pretty much gives us a list of their affiliate \"\"Key Opinion Leaders\"\" (KOL) with all of their rates.  We then choose a couple after looking at their pages. PR firm sends out product samples then lets us know when the post is up. PR firm pays KOL, we pay PR firm.    So for this to come up as \"\"advertised\"\" on insta, my understanding from the above thread is that the KOL needs to tag it. However as the client we would absolutely not want \"\"Paid\"\" or \"\"Sponsored\"\" to show up if we can help it, it destroys the illusion.   Last thing I will note is what /u/pwnicholson posted about regarding FTC rules. That is fine if you need to tag it for regulatory reasons. We don't in Aus, so it won't happen. In saying that, the data looks juicy so we'd probably do it here and there to see the numbers, but otherwise the 'illusion' is very important imo.\""}
{"text": " \"Be familiar with and able to verbally run through how to do a discounted cash flow analysis. Additionally be up to date with current financial market(s) trends, both domestically and globally. Know where the U.S bond yields are trading, and where they are going, interest rates too. Apart from that big picture stuff I wouldn't stress too much about technicals because he/she may not even ask about them at all if its more of a \"\"fit\"\" interview.\""}
{"text": " &gt;Democratic Senate President Steve Sweeney and Assembly Speaker Vincent Prieto announced the budget deal late Monday. The deal calls for a $34.7 billion budget that includes more than $300 million in Democratic spending priorities and is part of an agreement to overhaul the state's largest health insurer, Horizon Blue Cross Blue Shield.    So Christie got what he wanted by holding a national holiday hostage.  I thought that America doesn't negotiate with terrorists."}
{"text": " \"&gt; Though I'd counter that if your goal is to manipulate economic exchanges between individuals with the intention of guiding the economy at large to a specific desired outcome, I think that capitalism is not the economic system for you :P   Touche :)   I will say that, to your point, I have come to believe that there are two forces at odds that are required for a robust and long lived prosperous society:  1.  A capitalist system that encourages innovation through competition and  2.  A government to check the inevitable concentration of wealth that capitalism naturally trends toward.  They most effective ways for a government to check that concentration is through a progressive tax system, and a check on the power that the concentration of wealth creates (eg: forcing employers to pay a living wage instead of using a bully pulpit to extract the maximum effort for the lowest possible cost, as shown by the \"\"robber barons\"\" etc of the 1900s).  Either way, I'll admit that I am not talking about pure capitalism.  However, like the philosopher Georg Hegel theorized, all ideas go through a process of thesis (the first idea: aka capitalism), antithesis (the countering idea: in this case socialism), and then synthesis (the resulting compromise).  The synthesis then becomes the new thesis for the system to further evolve upon.  It's time for American capitalism to evolve.\""}
{"text": " The assertion that Bolivians' palettes are somehow more sophisticated than dumb Americans' is silly.  I don't think anybody actually thinks McDonalds makes good food.  It's quick, cheap, and something associated with America, which despite what a lot of people seem to believe, is not a hated evil empire.  Local franchises are also a simple and relatively inexpensive method for entrepreneurs to earn a decent wage and foster economic growth in otherwise under-performing sectors.  McDonalds might have priced themselves out of the market in this case.  Or maybe fast food just isn't part of the local culture.  I've lived places where people thought the concept of going to a take out place and picking up food was just crazy weird.  You either sit down for a big fancy meal at a restaurant or whip something up at home.  What is this go out and pay for something substandard but quick?  That model works well in the US where it seems people are always on the go in different directions and might not have time to cook.  McDonalds seems to be good enough for our culture on the go and for a lot of countries around the world.  Personally, I just don't like it, but I will eat a Wendy's triple with bacon once in a while."}
{"text": " What is a good resource to learn about options trading strategies? Options are a quite advanced investment form, and you'd do well to learn a lot about them before attempting to dive into this fairly illiquid market. Yale's online course in financial markets covers the Options Market and is a good starting point to make sure you've got all the basics. You may be familiar with most of it, but it's a decent refresher on lingo and Black-Scholes. How can I use options to establish some cash flow from long standing investments while minimizing capital gains expenses? This question seems designed to get people to talk about covered calls. Essentially, you sell call contracts: you let people buy things you already have at a price in the future, at their whim. They pay you for this option, though usually not much if the options aren't in the money. You can think of this as trading any return above the call option for a bit of extra cash.  I don't invest with taxable accounts, but there are significant tax consequences for options. Because they expire, there will be turnover in your portfolio, and up front income when you take the sell side. So if you trade in options with close expiration dates, you'll probably end up with a lot of short-term capital gains, which are treated as normal income. One strategy is to trade in broad-based stock index options, which have favorable tax treatments. Some people have abused this though to disguise normal income as capital gains, so it could go away. Obviously the easy approach is to just use a tax advantaged account for options trading. An ETF might also be able to handle the turnover on your behalf, for example VIX is a series of options on S&P500 options. A second strategy I've heard of is buying calls and puts at a given strike price. For example, if you bought Dec '13 calls and puts on SPX @ 115 today, it would cost you about $35 dollars. If the price moves more than 35 dollars away from 115 by DEC '13 (in either direction), you've made a profit. If you reflect on that for a bit, you'll see why VIX is considered a volatility index. I guess I should mention that shorting a stock and buying a put option at the market price are very similar, with the exception that your loss is limited to the price of the option.  Is there ever an instance where options investing is not speculative? The term 'speculative' is not well defined. For many people, the answer is no. It's very easy to just buy put options and wait for prices to fall, or call options and wait for prices to rise. Moreover, the second strategy above essentially gives you similar performance to a stock without paying full price. These all fall under the headline of increasing a risk portfolio rather than decreasing it, which I figure is a decent definition of speculation. On the other hand, there are ways to use options minimize risk rather than increase it. You can buy underwater options as portfolio insurance, if your portfolio drops below a certain amount, you still have the right to sell it at a higher one. And the Case-Schiller index is run in part, on the hopes that one day there might be a thriving market for real estate options (or futures). When you buy a home or lend money to someone to buy one, you could buy regional Case-Schiller options to protect you if the regional market tanks. But in all of these cases, it's required for someone else to take the opposite trade. Risk isn't reduced, it's traded around. So technically, there is a speculative element to these as well. I think the proper question here is whether speculation is present, but whether speculation can be put to good ends. Without speculators, the already very thin market for options would shrivel faster."}
{"text": " yeah, i get that it's not optional. just sucks that nothing has changed substantially since i closed on the loan 11 months ago (same PMI, same HO, essentially the same property taxes) and now i have to pay more. seems like the closing docs could have taken into account timing of those payments so that i primed the pump with enough from the beginning."}
{"text": " VPN service allows access to secure data surfing. With many added features you can register for the service on your android phone as well. Invite and earn referal also available on the VPN service. Feel free to visit our website 24x7."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-05-25/investors-say-it-s-time-to-price-climate-into-cities-bond-risks) reduced by 95%. (I'm a bot) ***** &gt; Municipal defaults are rare: Moody&amp;#039;s reports fewer than 100 defaults by municipal borrowers it rated between 1970 and 2014.  &gt; Kurt Forsgren, a managing director at S&amp;P, said its municipal ratings remain &amp;quot;Largely driven by financial performance.&amp;quot; He said the company was looking for ways to account for climate change in ratings, including through a city&amp;#039;s ability to access insurance.  &gt; Laskey, of Fitch, was skeptical that rating companies could or should account for climate risk in municipal ratings.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ejcgp/rising_seas_may_wipe_out_these_jersey_towns_but/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~133538 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **rated**^#1 **climate**^#2 **risk**^#3 **bond**^#4 **change**^#5\""}
{"text": " \"No, a jump in market capitalization does not equal the amount that has been invested.  Market cap is simply the stock price times the total number of shares. This represents a theoretical value of the company. I say \"\"theoretical\"\" because the company might not be able to be sold for that at all.  The quoted stock price is simply what the last buyer and seller of stock agreed upon for the price of their trade. They really only represent themselves; other investors may decide that the stock is worth more or less than that.  The stock price can move on very little volume. In this case, Amazon had released a very good earnings report after the bell yesterday, and the price jumped in after hours trading. The stock price is up, but that simply means that the few shares traded overnight sold for much higher than the closing price yesterday.  After the market opens today and many more shares are traded, we'll get a better idea what large numbers of investors feel about the price. But no matter what the price does, the change in market cap does not equal the amount of new money being invested in the company. Market cap is the price of the most recent trades extrapolated out across all the shares.\""}
{"text": " I have read from lot of places that transferring funds from NRO to NRE is possible given correct documents are provided. Yes this is correct. The key document 15CB establishes that you have paid taxes that were due before money is transferred from the NRO account to the NRE account and/or are repatriated. Here is what I am simply doing- Steps 3 & 4 more so the step 4 can be seen as new income. So the source of the funds is originally from NRE account. However, the CA feels that since my withdrawal and deposit mechanism in NRO is cash, I might be subject to questioning.   Is there any issues in doing the above? The CA is right. The Cash Withdrawal and Cash Deposit has broken the link between the money withdrawn and the money deposited. It could easily be the case that the Cash Withdrawals were spent on expenses and the Cash Deposit is new (taxable) income to you. This new income needs to be declared and the taxes paid. If you Uncle is a close relative (the exact relationships that are called close relatives are defined by law), the return of the money can be declared to be a gift from your Uncle to you and no taxes are due from you on the money. If the funds are large, it is advised to have a gift deed. It is not a simple matter of creating a gift deed stating that your Uncle has given you a gift; your Uncle has to show how he acquired so many assets that he gave you some money as a gift and whether appropriate taxes were paid by him.  If your Uncle is not a close relative, he can still gift you up to Rs 50,000 per year without you having to pay any income tax on the money received, but again, a gift deed would be needed to account for the cash deposits. In short, keep speaking to your CA. He will advise you on the best course of action. Related Question Transfering money from NRE account in India to family member"}
{"text": " The following have been recommended to me for the UK: When I was doing my investigations, all had good reputations but Interactive Investor looked to have the nicer service and their fees seemed a bit more reasonable.  TD Waterhouse has the advantage of a number of sites serving local markets (TD Ameritrade for the US, for instance)."}
{"text": " &gt;I'm saying that fees from Ticketmaster's competitors are usually only a few dollars less.  Well, fuck you for that lie. Look into brown bag tickets. Seriously, how can you say that when you don't know anything about the economics behind it?  &gt;You don't know any of these numbers for any of the acts you go to see.  Well, fuck you and your assumptions on this as well."}
{"text": " I know people who work in the gulf and most contracts are of the 14 days on/ 14 days (or so) off flavor. I've never heard of someone being onboard a ship or platform for a year. I bet this is a scam."}
{"text": " There's definitely been plenty of corruption, such as through gerrymandering, and your reference to plutocracy has merit.  I disagree that we should ever want a democracy though. This country was established as a republic and needs to retain protections for the individual against mob rule."}
{"text": " Compare the different trading accounts available at Money and MoneySuperMarket. All are regulated by FSA and they give protection according to the FSA standards for client deposits i.e. deposits distributed across multiple banks. I personally hold a trading account from Selftrade. You can find statements like below, in their terms and conditions regarding protection of your money deposited with them. If we cannot meet our obligations, your investment may be protected by the Financial Services Compensation Scheme. Compensation is provided for 100% of \u00a350,000."}
{"text": " I used Redfin to find my house! The listing was there and not other sites like Zillow until much later. By then I had already made an offer. Also their user interface, especially on mobile, is way better."}
{"text": " There are very few banks which offer two-factor authentication.  Part of the reason is cost.  Providing a token to every account-holder is expensive, not just in the device or system, but in providing support and assistance to the millions of people who won't have the faintest idea how it works and complain that they no longer have access to their accounts. That said, it is sometimes available on request for personal accounts and many banks require it for their business clients. My HSBC Business account comes with two-factor as default and it works extremely well. There is also the pseudo-two-factor security offered by Visa and MasterCard (3-D secure) which performs a similar function."}
{"text": " \"Because any nation that allows real estate to become an asset class will eventually, given enough time, destroy the wealth potential and social mobility of the non-owner class. There's a reason that aristocracy used to be referred to as \"\"landed aristocracy\"\".   The solution is a progressively higher tax on second, third and fourth properties. And an elimination of tax on first properties.  But such proposals are never allowed air time as they gut the rentier class.\""}
{"text": " My Google Home does a good job of recognizing my voice and using guest mode for other people using it but you made a fair point about controlling connected home devices - I wouldn't use a voice authenticated door lock.  But I don't see any evidence that my data over at Google or Amazon is vulnerable. Sure, there's some exposure and risk I have to accept but to argue that it's unsecured and that someone could get unauthorized access to it is extremely presumptuous."}
{"text": " &gt;  There's always another fresh-faced new grad with dollar signs in his eyes who doesn't know enough to ask about outstanding shares, dilution, or preferences.  They'll learn soon enough.  &gt; Very few startups are looking for penny-ante 'investor' employees who can only put &lt;$100k.  You'll probably find that the majority of tech startups are looking for under $100k to get going. Check out kickstarter.com sometime.  &gt; Actual employees are lucky if they can properly value their options, let alone control how much it ends up being worth in the end.  If you're asked to put in work without being fully compensated, you are no longer an employee. You're an investor. You need to change your way of thinking."}
{"text": " Yes a minor can have a checking account, or a savings account. They can even get a debit card. The money in that bank account belongs to the minor. The account can be established as soon as the are assigned their social security number. If they are a newborn the account is generally set up as a joint account with a parent to facilitate transferring money into the account. For us the money was birthday gifts from relatives.  The IRS allows minors to receive small amounts of interest, or other unearned income, tax free. In 2015 that is up to $1,050, if they have no earned income. When bank rates were higher some parent's wanted to put all their saving under their child's name, of course in the eyes of the law the money belonged to the child and was only to be spent for items that benefited the child. Credit cards are another matter because the CARD act in 2009 required lenders to only give credit to those under 21 who had proof of sufficient income, unless there was a co-signer. You do have to be careful when talking about owning a house as minor. They generally can't sign a contract. You could gift the house to the minor, but if it was time to sell it the courts would insist on appointing a legal guardian to represent the interest of the child. That could add significant time to the transaction."}
{"text": " I'd say it's because they trade balance for culture.   But I'm on the high end of the millennial age distribution. I don't want to work all the time. I value being at home with my wife and our cats. I don't give two blue fucks about having Google or Facebook on my resume because in the end, this all just facilitates me being able to pay bills, play games, and buy nudy mags.   But for reasons beyond me, younger millennials value having the right corporate overlord over free time."}
{"text": " Somebody will have to file all the required paperwork and fees with the local government, state government and even the federal government. This paperwork is used by these governments to record who owns the property and how it is owned.  Prior to the settlement date they also will need to verify how the property is described and owned so that you are sure that you are being sold the exact property you expect, and that it is delivered to you free and clear of all other debts. If this is done wrong you might discover years later that you paid money for something that you don't really own. In some jurisdictions this has to be done via a law office, in others there is no requirement for a lawyer. Because a mortgage company, bank, or credit union is giving you money for the loan, they may require you to use a settlement attorney. They don't want to discover in 5 years that a simple mistake will cost them hundreds of thousands to fix. The mortgage company is required to give you a more detailed estimate of all the closing costs before you are committed to the loan. The quoted paragraph is not good enough. Even if you can avoid the use of a lawyer these functions still need to be done by somebody, and that will still cost money."}
{"text": " Back of the envelope calculation: 30K limit, 5 year draw, 5 year post draw payback. Int 6% a year, 3% minimum payment. Borrow 5K at the start of the draw period, make the minimum payment for the next 5 years. At the end of 5 years still owe approximately $1123, and have paid ~775 in interest. Borrow 5K at the start of the draw period, make the minimum payment for the next 5 years but borrow the money from the line of credit. At the end of 5 years still  owe approximately $6711, and have paid ~1711 in interest. The bank loves you. The balance grows instead of decreases. That growing balance become pur profit. Of course you are good for it, because you never came anywhere near the maximum limit of 30K.  This is a variation of somebody tapping the line of credit to invest it, then discovering that it is hard to make enough money to make it worthwhile.   Detailed scenario:"}
{"text": " When you start to buy stock, don't buy too little of it! Stocks come at a cost (you pay a commission), and you need to maintain a deposit, you have to take these costs into account when buying to calculate your break even point for selling. Don't buy stock for less than 1.500\u20ac Also, diversify. Buy stock from different sectors and from different geographies. Spread your risks. Start buying 'defensive' stocks (food, pharma, energy), then move to more dynamic sectors (telecom, informatics), lastly buy stock from risky sectors that are not mature markets (Internet businesses). Lastly, look for high dividend. That's always nice at the end of the year."}
{"text": " \"We have a local bank that changed to a bill pay service.  The money is held as \"\"processing\"\" when the check is supposed to be cut and shows as cleared on the date the check is supposed to be received.  Because our business checking is with the same bank, we discovered recently that the although the check shows cleared from our account, the recipient has not received the paper check yet - and may not for 2-3 days.  We discovered this because the payroll checks we write this way (to ourselves) never arrive on the due date but clear the business account.  It appears to be a new way for banks to ride the \"\"float\"\" and draw interest on the money.  It happens with every check processed through the bill pay system and not with electronic transfers.\""}
{"text": " To get a good estimate, go here  or other similar sites and see.  But basically, yes, you can save yourself a whole lot of money just by paying extra every month.  One note though, do make sure you are specifying that you want the money to go towards principal, not escrow or toward prepaying interest."}
{"text": " Your reasoning has completely broken down now.  So if I have this straight, given that shittiness is a constant in people, your solution is to give a few people all the guns and unlimited power over everyone else? Have I got that about right?  Man, never go full retard. That flies in the face of everything this country was built to be. Do us all a favor, catch a flight to Venezuala and stay there.  At the very least, the private sector is policed by the government according to the rule of law. Who polices the government when the people no longer have any authority or power over it?"}
{"text": " \"The difference between me and Uncle Sam is that Uncle Sam gets the lowest interest rates in the world.  If I could borrow money at 1.7% for 10 years you bet your ass I'd do it!    Also, the notion that \"\"Uncle Sam is running out of people to borrow from, and is having trouble paying those loans back (and the interest)\"\" is just false.  US treasuries are the most sought after debt in the world.  If anyone had any doubt uncle sam would pay them back, interest rates would be skyrocketing, not at historic lows.  After that quote I turned it off, about two minutes in.  This is just more FUD designed to get you to buy gold or whatever.  Ignore it.\""}
{"text": " Yes, I am in the USA and almost 90% of our sales (orders) come via EDI, and thus 90% of outbound invoices.  But to setup EDI for an inbound EDI invoices with one supplier for 2 invoices per month is ridiculous."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-10-15/china-s-zhou-warns-corporate-debt-too-high-urges-fiscal-reform) reduced by 88%. (I'm a bot) ***** &gt; People&amp;#039;s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing.  &gt; &amp;quot;The main problem is that the corporate debt is too high,&amp;quot; Zhou said Sunday during a panel discussion at a Group of 30 seminar in Washington held in conjunction with the International Monetary Fund and World Bank annual meetings.  &gt; Opening Up. Zhou&amp;#039;s remarks were the latest in a string of public comments by China&amp;#039;s normally low-profile central bank chief.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76n80v/chinas_central_bank_chief_warns_corporate_debt_is/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~229048 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*: **Zhou**^#1 **financial**^#2 **government**^#3 **debt**^#4 **percent**^#5\""}
{"text": " I'm guessing you're in the US? If so, yes, you can be prosecuted, but it's unlikely.  Fraud crimes are up to a prosecutor to pursue, there are a lot of fraud cases and bystanders take low priority, I'm assuming you're passively complicit, not actively.  If this is the case it's best to work with the bank to get your situation cleaned up and move on.  These days, most banks have dealt with wire fraud at least once, and they're familiar with cashiers check fraud.   A fair warning, the bank will report you, if they think you're involved, so if you are not a complete bystander, you may want to lawyer up.  So hopefully you didn't try to spend any of the fraudulent money and hopefully you have proof of a third party, because they will want a connection to that person (name/number/other) to file their report."}
{"text": " If it's easier for you to believe that I'm lying and keep waiting for that *lucky* break, good *luck* with that. A 90 hour a week schedule is hard but not impossible. It was the hardest two years of my life, and that's counting the first two years of parenthood I'm getting though. Had a baby on the way for one of them which may have provided me with more motivation than your average slacker college kid, but I was already a year into my insane schedule before my wife got pregnant."}
{"text": " If you have a 20,000 balance and a 8.75% interest rate, you should be paying between $145 and $150 in interest each month, with the balance going to principal.  (0.0875/12=0.007292, and that times 20,000 is 145.83; as interest is compounded daily, it'll be a little higher than that.)  If the minimum is below $145, then you are not covering the interest; I suspect that is what is happening here, and they're reporting interest paid that wasn't covered in a prior month (assuming you have some months where you only pay the statement minimum, which is less than the total accrued interest). Assuming you're in the US (or most other western countries), your loan servicer should be explaining the exact amount each payment that goes to principal and interest.  I recommend calling them up and finding out exactly why it's not consistent; what should be happening, assuming you pay more than the amount of interest each month, is the interest should go down (very) slowly each month and the amount paying off principal should go up (also slowly).  EG: Etc., until eventually the interest is zero and your loan is paid off.  It probably won't go this quickly for this size of loan - you're only paying off a tiny percentage of principal each month, $50/$20000 or 1/400th - so you won't make too much headway at this rate.   Even adding another $25 would make a huge difference to the length of the loan and the amount of interest paid, but that's another story.   You will eventually at this rate pay off the loan (at $200 a month for all 12 months); this isn't dissimilar to a 30 year mortgage in terms of percent interest to principal (in fact, it's better!).  $50 a month times twelve is $600; 400 payments would take care of it (so a bit over 30 years).  However, as you go you pay more principal and less interest, so you will actually pay it off in 15 years if you continue paying $200 a month exactly. What you may be seeing in your case is a combination of things: In months you pay less (ie, $100, say), the extra $45 in interest needs to go somewhere.  It effectively becomes part of the principal, but from what I've seen that doesn't always happen directly - ie, they account it differently at least for a short time (up to a year, in my experience). This is because of tax laws, if I understand correctly - the amount you pay in interest is tax-deductible, but not the amount of the principal - so it's important for you to have as much called 'interest' as possible.  Thus, if you pay $100 this month and $200 next month, that total of $300 is paying ~$290 of interest and $10 of principal, just as if you'd paid it $150 each month. If you had any penalties, such as for late payments, those come out off the top before interest; they may sometimes take that out as well. All in all, I strongly suggest having an enforced minimum (on your end) of the interest amount at least; that prevents you from being in a situation where your loan grows.  If you can't always hit $200, that's fine; but at least hit $150 every single month.  Otherwise you have a never ending cycle of student loan debt that you really don't want to be in. Separately, on the $1000 payment: As long as you make sure it's not assigned in such a way that the lender only accepts a month's worth at a time (which shouldn't happen, but there are shady lenders), it shouldn't matter what is called 'principal' and what is called 'interest'.  The interest won't go up just because you're making a separate payment (it'll go down!).  The portion that goes to interest will go to paying off the amount of interest you owe from the time of your last payment, plus any accrued but unpaid interest, plus principal.  You won't have the option of not paying that interest, and it doesn't really matter anyway - it's all something you owe and all accruing interest, it only really matters for accounting and taxes.  Double check with your lender (on the phone AND on their website, if possible) that overpayments are not penalized and are applied to principal immediately (or within a few days anyway) and you should be fine."}
{"text": " \"Why is that? It doesn't hurt anyone else nor diminish a finite supply for \"\"real\"\" patients. I think it's ridiculous that something so innocuous is illegal in so many places.  People getting medical cards without a serious illness are shifting their business to a regulated market where they're paying taxes instead of supporting a black market, where's the harm?  Genuinely curious as I've never met anyone whose held your opinion.\""}
{"text": " \"This is the best tl;dr I could make, [original](http://econlog.econlib.org/archives/2017/06/american_bankin.html) reduced by 92%. (I'm a bot) ***** &gt; The importance of the unit banking laws is obvious when you consider than Canada had no bank failures during the Great Depression, despite a similar fall in NGDP. Today, that sort of decline in NGDP would wipe out virtually the entire US banking system.  &gt; The pattern is that the governments, on the one hand, protects banks in the forms of deposit insurance or government bailouts when a crisis happens, or give banks certain opportunities.  &gt; The way the governments get the banks to subsidize mortgage risk is by protecting the banks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fcfck/american_banking_socialism_or_laissezfaire/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~136658 tl;drs so far.\"\") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **Bank**^#1 **government**^#2 **deposit**^#3 **lend**^#4 **more**^#5\""}
{"text": " \"I've traveled pretty extensively around the US (probably been to more states than a lot of citizens), love it out west, friends all over the place. Just not really a big city person so that's been holding me back from going to NYC. Friend would love to go there though, and he's really into musicals (and active in them at a professional level here) so of course my first reaction was \"\"sure, lets go\"\".\""}
{"text": " You are diversified within a particular type of security. Notably the stock market. A truly diversified portfolio not only has multiple types of holdings within a single type of security (what your broad market fund does) but between different types. You have partially succeeded in doing this with the international fund - that way your risk is spread between domestic and international stocks. But there are other holdings. Cash, bonds, commodities, real estate, etc. There are broad index funds/ETFs for those as well, which may reduce your risk when the stock market as a whole tanks - which it does on occasion."}
{"text": " \"Maybe. I've been applying to jobs that require things like SQL and high level excel. I have some experience with these but I kept getting passed over for \"\"more qualified candidates\"\" so I get the sense there is a surplus of overqualified candidates, not recent college graduates. Also Linkedin stats will sometimes show as high as 50% of applicants having graduate degrees. And again this is for entry level business/data analyst positions. IMO the job market feels absolutely saturated with qualified candidates. I am looking around the NYC area however so maybe that just comes with the territory.\""}
{"text": " &gt; With 400,000 reservations in hand, Tesla says it will be cranking out 5,000 Model 3 sedans a week by the end of this year.  WTF?  at that pace (**IF** they make and sustain it) means **80 weeks** to fill orders.  this is good news?"}
{"text": " \"&gt;its that people with a libertarian mindset tend to have a zealous ideology that makes it impossible to talk to them  It's that people with a statist mindset tend to have a zealous ideology that makes it impossible to talk to them.   &gt;I am aware of your set of beliefs and I don't agree with them  It's amazing that you can claim to be \"\"aware of [my] set of beliefs\"\" despite not asking nor being told. Are you a mind reader, or just an assumptive arrogant fool?\""}
{"text": " Consider looking into real estate investment trusts (REITs). Assuming that they are available for the area that you are considering they simplify the process of investing in this sector. Your money pooled with other investors and then invested in a broad range of properties. If you go this route make sure to only by REITs that are traded in the open market (liquidity and an honest current valuation). Even better I would consider a index fund of REITs for more diversification. Personally I do use a US based REIT index as a small part of my portfolio so as to get better diversification."}
{"text": " \"Back-testing itself is flawed. \"\"Past performance is no guarantee of future results\"\" is an important lesson to understand. Market strategies of one kind or another work until they don't.  Edited in -- AssetPlay.net provides a tool that's halfway to what you are looking for. It only goes back to 1972, however. Just to try it, I compared 100% S&P to a 60/40 blend of S&P with 5 yr t-bills (a misnamed asset, 5 yr treasuries are 'notes' not 'bills') I found the mix actually had a better return with lower volatility.  Now, can I count on that to work moving forward? Rates fell during most of this entire period so bonds/notes both looked pretty good. This is my point regarding the backtest concept.  GeniusTrader appears more sophisticated, but command line work on PCs is beyond me. It may be worth a look for you, JP. ETF Replay appears to be another backtest tool. It has its drawbacks, however, (ETFs only)\""}
{"text": " Yes definitely  Warren Buffet averaged returns of only around 21% throughout his 40 years in business.  ROE of 23% is probably more than double the ROE of most companies , whats more as the saying goes its easier to grow sales from 1 million to 100 million than to grow sales from 100 million to 10 billion"}
{"text": " There are banks that will do 5-year fixed. Alternatively, if you pay off a 15-year mortgage as if it were a five-year fixed, with the extra money going to pay down principal, the cost isn't very different and you have more safety buffer. Talk to banks about options, or find a mortgage broker who'd be willing to research this for you. Just to point out an alternative: refinancing at lower rate but without shortening the duration would lower your payments; investing the difference, even quite conservatively, is likely to produce more income than the loan would be costing you at today's rates. This is arguably the safest leveraged investment you'll ever have the opportunity to make. (I compromised: I cut my term from 20 years to 15ish, lowered the interest rate to 3.5ish, and am continuing to let the loaned money sit in my investments and grow.)"}
{"text": " \"One other aspect of this is that the bank will plan to eventually approach the merchant that they are sending paper checks to and say \"\"why don't you sign up with us and give us your ACH info, and we won't send you checks?\"\"  And a lot of merchants will say \"\"sure\"\", because someone has to open those checks and take them down to the bank, and that isn't free.  And that time while the money is in the mail, or sitting on someone's desk to be deposited, that is money that isn't working for you.  So everyone wins.\""}
{"text": " \"America just needs to get the cash out. I believe in the power of government to better everyone's lives.  But I'm in NZ.  Low corruption here with a strong safety net.  Universal health care. I have a hospital appointment tomorrow.  They are going to fix my chest deformity for free even though technically it's \"\"cosmetic\"\".  I was earning $50 an hour mowing lawns for 6 years.  I did a double degree in the late 90s for about $7k a year.  My Asthma medicine costs $5.00.  My brother had cancer - treated free (he's fine now).  My Mum's heart attack - free (she's all good too).  If you start from such a depressed place (believe me I get why Americans feel the way they do) I think you run the risk of ending up in a rather cynical place - government can't help me.  You got republicans essentially running on a ticket of \"\"government doesn't work\"\" and ensuring it doesn't by their actions.   I dunno mate.  Keep your chin up.  I feel like America is getting close to a real jolt to get it back on track.  She's really out of step with other comparable countries.  America is still great despite itself.  But it'll get back on track.  The boomers will die off and progress will become possible again.\""}
{"text": " Many of live streaming services providers available in the market but for selecting one of the best you need to focus on some points that later on help you in hiring.  These points is just about the time that minimize the travelling cost and increases the productivity."}
{"text": " \"You may want to hold onto the $5000 and keep it in savings.  Interest rates are for crap, even in \"\"high yield\"\" accounts, so you can rightly not consider it investing.  You should be graduating college soon.  It would suck if an emergency crops up to prevent you from graduating.  I assume that you are going into a high paying career given your nice income from internships.   Your best investment is yourself at this point.  Completing your education, and obtaining your degree trumps all.  You could use that extra 5000 as a hedge/insurance policy/emergency fund to help insure you graduate.   Also you are likely to have some moving expenses once you graduate.  That 5K could be used to help cover those costs.   The worst case is you graduate with no emergencies, you get a nice signing bonus and relocation package, and you still have the $5000.  Well you still have until 15 April 2015 to put money in your ROTH for 2014.  This holds true for every tax year.   Given your current financial status, you are likely to find yourself soon contributing the max to your 401K and ROTH.  Once that happens, money beyond that can be invested into mutual funds stocks that are not tax advantaged, real estate, or some other choices.  Well then you have some things to think about.\""}
{"text": " \"Congratulations on getting married!  As far as the IRS is concerned, you are a married couple for all of this year for tax purposes. The 2014 HSA contribution limit for you and your husband together is $6550.  This limit applies to both of you together, whether you file jointly or separately.  So it looks like you and your husband have excess contributions this year.  You'll need to withdraw some contributions, either in your account or your husband's account, to get under $6550 total for the year. If you choose to take this money out of your account, since you have already spent this money out of your HSA, you won't actually receive a check from the withdrawal.  Instead, the money that you have already spent will be recategorized from a normal HSA medical distribution to an excess contribution withdrawal.  When you get your 1099-SA form from your HSA bank at tax time, the distributions will be coded as excess contributions distributions.  In addition, the form will include the amount of any earnings (interest) that you received on your excess contributions. At tax time, you'll need to examine your W-2 form from your employer closely.  If the form does not include the amount that the employer HSA contribution in your taxable income, you'll need to add this amount as \"\"Other income\"\" on your taxes.  You'll also need to include any earnings on the excess contributions reported on the 1099-SA. Since your husband funds his own HSA and doesn't have any employer contributions to it, you might find it easier to withdraw the excess contributions from his HSA instead of yours.  To do this, you need to tell his HSA bank that the withdrawal is an excess contribution withdrawal so that it gets reported correctly on his 1099-SA.  There won't be any changes to his W-2, and the only \"\"other income\"\" he'll need to report is any earnings on the excess contributions from his 1099-SA. The instructions for Form 8889, line 13 explain what to do in the event of an excess contribution (note: The text here is from the 2013 version of the instructions): Line 13 If you or someone on your behalf (or your employer) contributed more to your HSA than is allowable, you may have to pay an additional tax on the excess contributions. Figure the excess contributions using the following instructions. See Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts, to figure the additional tax. Excess Contributions You Make To figure your excess contributions (including those made on your behalf), subtract your deductible contributions (line 13) from your actual contributions (line 2). However, you can withdraw some or all of your excess contributions for 2013 and they will be treated as if they had not been contributed if: You make the withdrawal by the due date, including extensions, of your 2013 tax return (but see the Note under Excess Employer Contributions, later), You do not claim a deduction for the amount of the withdrawn contributions, and You also withdraw any income earned on the withdrawn contributions and include the earnings in \u201cOther income\u201d on your tax return for the year you withdraw the contributions and earnings. Excess Employer Contributions Excess employer contributions are the excess, if any, of your employer's contributions over your limitation on line 8. If you made a qualified HSA funding distribution (line 10) during the tax year, reduce your limitation (line 8) by that distribution before you determine whether you have excess employer contributions. If the excess was not included in income on Form W-2, you must report it as \u201cOther income\u201d on your tax return. However, you can withdraw some or all of the excess employer contributions for 2013 and they will be treated as if they had not been contributed if: You make the withdrawal by the due date, including extensions, of your 2013 tax return (but see the following Note), You do not claim an exclusion from income for the amount of the withdrawn contributions, and You also withdraw any income earned on the withdrawn contributions and include the earnings in \u201cOther income\u201d on your tax return for the year you withdraw the contributions and earnings. There are further instructions on what to do if you don't take care of this until a future year, but it is much better and easier if you take care of this before the end of this year, and handle it correctly on your tax return. I believe that this is how it will all work; however, you'll want to confirm all of this with someone who knows what they are talking about and can look at your individual situation.  Hopefully, this answer gives you enough information to be able to ask the right questions.\""}
{"text": " \"Edited: Pub 550 says 30 days before or after so the example is ok - but still a gain by average share basis.  On sale your basis is likely defaulted to \"\"average price\"\" (in the example 9.67 so there was a gain selling at 10), but can be named shares at your election to your brokerage,  and supported by record keeping. A Pub 550 wash might be buy 2000 @ 10 with basis 20000, sell 1000 @9 (nominally a loss of 1000 for now and remaining basis 10000), buy 1000 @ 8 within 30 days.   Because of the wash sale rule the basis is 10000+8000 paid + 1000 disallowed loss from wash sale with a final position of 2000 shares at 19000 basis.  I think I have the link at the example:  http://www.irs.gov/publications/p550/ch04.html#en_US_2014_publink100010601\""}
{"text": " \"The simple answer is, there are many ways for trades to take place.  Some systems use order-matching software that employs proprietary algorithms for deciding the order of processing, others use FIFO structures, and so on.  Some brokerages may fill customer orders out of their own accounts (which happens more frequently than you might imagine), and others put their orders into the system for the market makers to handle.  There's no easy all-encompassing answer to your question, but it's still a good one to ask. By the way, asking if the market is \"\"fair\"\" is a bit naive, because fairness depends on what side of the trade you came out on! (grin)  If your limit order didn't get filled and you missed out on an opportunity, that's always going to seem unfair, right?\""}
{"text": " Strictly from an ROI perspective, this is likely very dependent on your field.  Some masters degrees (quant finance, business, engineering) will be well worth the debt, since a degree from the right university will yield a respectable ROI, whereas other degrees/fields (philosophy, fine arts, etc) will be basically a waste of money. Regardless of the field you can input your information into an ROI calculator and see what you get.  I typically err on the side of using the lowest average reported salary for the degree programs you're considering (self reported salary data is notoriously inflated)."}
{"text": " &gt;  if you buy from an ethnic market  Which don't exist in the food deserts where the rural poor live.  &gt; time spent preparing meals  Which the working poor who work multiple part-time jobs to support their too-large families don't often have.  &gt;  a little education[  Which is getting better, but it still requires a large amount of time and energy to figure out.  Of course, it doesn't help that we don't really teach/require science in schools."}
{"text": " Your wedding day is your very own fairy story, and fairy tales are frequently set in the maximum lovely of places. We concentrate on destination wedding cinematography and we realize how a great deal you have spent to ensure that your day is best. So we take pride in touring to seize the perfection in your day of love, pleasure and birthday celebration, accented by way of the perspectives and elaborate information of the wedding preparation and wedding videos. Whether it's an intimate seaside wedding ceremony with your entourage barefoot on the warm sand, or a chic affair under the celebs in a garden wedding ceremony."}
{"text": " \"Alright, I will go through bullet point by bullet point and try to best figure out what you will be doing in layman's terms. Please bear in mind that I do not work for a hedge fund, but rather a much larger entity, so a lot of the work you will be doing is pre-populated:  &gt;Roles = In this role, the individual will be the main point of contact for the client on all things related to understanding their trading profit &amp; loss and how their valuations have been sourced. In addition, the Product Controller will work with internal partner areas to ensure all required processes have been performed to verify the valuation accuracy of the client\u2019s portfolio.  From my understanding you will act as the middle man between the client and the analyst. As such here is how a real interaction may go: Client X calls, you answer - \"\"Hello, iDade's office, how can I assist you?\"\" Client X asks, \"\"Hey iDadeMarshall I was curious what my capital gains were on my FB purchase?\"\" iDade: \"\"Ok, let me pull up your account, just a moment. It seems as though your current capital are $30,000 (*LOL*) on your FB purchase.\"\"  Client X: \"\"Hmm, well do I have any significant loses that I may be able to sell off to off-set the tax on the capital gains?\"\" iDade: \"\"Why yes you do, it seems AAPL has taken a mighty tumble, would you like to sell a position to assist you in offsetting?\"\" Client X: \"\"Why that would be great. Thanks for your help.\"\" The conversation could go on, and that is a pretty deep conversation for the level you are going in, but I have had conversations like these before. The second part of the bullet just means that you will be checking and rechecking the grunt work of the analyst, and in some places actually performing the grunt work. The work will most likely be along the lines of finding returns for different time periods. Popular desired time periods are inception, ytd, qtd, 1yr, 2yr, etc. Remember all of these time periods are not good stand alone; they must be compared to a relevant benchmark. For instance, you would not want to compare the Barclays Intermediate Ag to an equity portfolio. The most common benchmark for an equity portfolio is going to be the S&amp;P 500, but you have to look at where the portfolio is focused. If it is a SCV you may want to look more towards something like the IJS (iShares S&amp;P SmallCap 600 Value Index). In the end always remember that any number you come up with is always relative to a benchmark. A plain return number is useless.  &gt;Knowledge/Skills = Knowledge of cash and derivative products across various markets \u2022 Knowledge of pricing and valuation \u2022 Knowledge of profit and loss reporting and related attribution analysis  Pretty much they just want to make sure that if a client asks about a forward/future contract as well as any swap/option that you understand what they are. This bullet points screams \u201cI KNOW WHAT I AM DOING EVEN THOUGH NOBODY KNOWS WHAT IS GOING ON IN THE ECONOMY.\u201d Be up on your current events have a personal conjecture about what you feel is going to happen moving forward, but do not convey it. If you know that the unemployment was the main driver behind today\u2019s poor market then you will be good for the day, because that will suffice for any call in that relates to \u201cwhy is the market down?\u201d One of my favorite quotes about the current economy is as follows: \u201cAnyone around here, who isn't confused about what\u2019s going on, doesn't understand.\"\" As scary as it is, that is the honest truth. Nobody knows what is about to happen and if anyone tells you they do, they are lying and you need to run away, quickly. I am assuming you know how to calculate profit and loss \u2013 I don\u2019t really know of a *special* way to twist the numbers around.  &gt;Major Duties = Managing the daily P&amp;L process for one or more client trading desks o Daily review of Quality Control checks o Working with trading desk(s) on P&amp;L differences/inquiries o Working with offshore Product Control Team (India) on QC process o Delivering a final daily (and month-end) P&amp;L statement to the client \u2022 Understanding and explaining the key drivers behind the P&amp;L movements \u2022 Preparing/Managing monthly (or more frequently as required) price verification process and associated reporting \u2022 Updating and maintaining pricing policy for each financial type that is included in the consultant\u2019s P&amp;L reporting \u2022 Ad/hoc projects to meet and enhance client deliverables  All this means is that you will be sending out the due diligence to the client and you will ensure you are using the proper closing price and include any deposits/withdrawals during the month into your calculation. The main point is knowing the reasons the price moved throughout the day/month. KEEP UP on current events and make sure that you understand a vast knowledge of economic data.  For what your day-to-day activity may be, I can walk you through it. Let\u2019s say you get in at 8am. You will get in at 8, read economic data/recent news articles until about 10; from there you will update client A-F P/L worksheet until about noon. You will eat a quick lunch until about 1230 and continue on the grind of E-M until about 4. From 4-5 you will reread what happened at the end of the day and an overall economic activity report for the day. You may stay until 8 or 9 (if you are in a banking hub/NYC), but a lot of the older guys will leave at this time. This is your time to shine. Stay as late as you can and pump out as much work as you can.  As for your interview, they may ask you what will be a good play for the next 6 months to a year \u2013 you should respond with common themes in the market. The most common theme is the dividend growth play. A ton of people are not predicting large amount of growth for the next 5-10 years, I believe I read something earlier that JPM lowered their growth forecasts by about 30% recently, so dividends IS the play. Dividend payers are generally well established companies (blue chip) that have a strong foothold in their respective industry/sector. There are a ton of funds sprouting out everywhere to follow this trend (you could throw out a few funds for brownie points, I\u2019ll give you some \u2013 MADVX and VDIGX are pretty common). I hope this helps and let me know if anything wasn\u2019t clear (wrote it pretty quickly). I am off to have a drink or two or three, I\u2019ll check this in the morning though.\""}
{"text": " There are different ways of credit card purchase authorizations. if some choose less secure method it's their problem. Merchants are charged back if a stolen card is used."}
{"text": " You need the services of a hard-nosed financial planner. A good one will defend your interests against the legions of creeps trying to separate you from your money. How can you tell whether such a person is working in your best interest?  Here are some ways. You'll be able to tell pretty quickly whether the planner lets you get through the same story you told us. The ability to listen carefully without interrupting is a good way to tell whether the planner is going to honor your needs. You're looking for a human service professional, not an investment or business guru. There are planners who specialize in helping people navigate big changes in their financial situation. Some of the best of those planners are women. (Many of their customers are people whose spouses recently died. But they also serve people in your situation. Ask if they work with other people like you.) Of course, you need to take the planner's advice, especially about spending and saving levels."}
{"text": " \"China: \"\"We are happy to take up the mantle of free trade in the wake of Trump's election.\"\"  Also China: \"\"You're not allowed to invest in or compete against state owned companies in our domestic market though, even though we're buying up all of yours.\"\"  *free* trade. \ud83d\ude44\""}
{"text": " what an awfully-written, rambling article. I had to scan it a few times just to see if there's any real information in there. Seems to try to give the message that start-ups are a scam and they'll just work you to death for very little money while some rich VC guy makes a ton of money.  **WHAT A CROCK OF SHIT**  Seems like it was written by someone with very little business sense. If a start-up looks like a good idea with some potential but can't afford to pay you much, the main priority for you is to get a contract stipulating back-end pay and continuing employment. Being as they have very little money to bargain with, you're in an excellent position to negotiate a good deal.  Going into a startup without a contract is the height of stupidity."}
{"text": " A guy I used to work with would buy some shares in certain companies on a regular basis.  The guy in question chose Coke, Pepsi, GE, Disney and some other old stable stocks.  He just kept buying a few shared ($50 or so at a time) year after year after year.  He worked his entire life, but by the time he was ready to retire, he had a pretty sizable investment; he was worth a rather tidy sum. The moral of the story is, it is very much worth it to invest a bit at a time.  Don't bother with the idea of buying low and selling high; not right now.  Just go ahead and buy stable stocks (or shares of index funds) and wait them out.  This strategy (mixed with other retirement tactics like a 401K from work, and IRA of your own, Social Security in the US) is a good way to build wealth. Don't spend money you don't have, be ready for a long term investment and I think it makes great sense, regardless of what country you live in."}
{"text": " \"The future of the internet is Ad-free. Ad blockers are increasing in usage every day and there is _nothing_ that anyone can do to stop that. Companies like Facebook and Google who make most of their money selling advertising are shitting themselves over this.  Facebook is _THE ONLY_ profitable \"\"social media\"\" company. There's like 5,00000000000 social media companies and NONE of them make money except facebook.  That's not because facebook is great, it's because facebook is diversified.  Don't listen to me, be fools.\""}
{"text": " The laws of physics are absolute.  The laws of man can be bent and twisted.  Come on, you know that.  Trump is a fraud and a cheat.  Don't let him off the hook because of a false comparison.  Don't be naive about Trump.  He'll fuck you in the ass and leave you for dead in the blink of an eye.  Trump is a con man front to back."}
{"text": " A US buyer wanted to import Gold from Ghana but due to insufficient working capital they were unable to obtain a Standby LC from their local bank. They contacted BWT for help &amp; we facilitated their Gold deal by providing Standby Letter of Credit (SBLC, MT760) in favor of their Ghana Seller."}
{"text": " quid's link should give you a definitive answer, but just to set expectations, here's an article from the UPI: Essex Chemical Corp. has agreed to be acquired by Dow Chemical Co. in a $366 million, $36-a-share deal ... Any shares that remain outstanding after the merger will be converted into the right to receive $36 each in cash, the companies said. There's no mention of exchange for Dow stock, so it's likely that you would get $36 for this share of stock, if anything."}
{"text": " Showz Store provides the high-quality toys, in affordable prices and great customer service. We are the fastest growing online toy store, and we\u2019re excited to keep growing. We provide all kinds of toys online. If you are searching Mastermind Creations for your kids, then you can visit our website. Here you can get a lot of toys in best variety. Our online stores are open 24*7 days. We accept all major credit cards."}
{"text": " If I buy VUSA from one exchange, can I sell it in a different exchange, assuming my brokerage account lets me trade in both exchanges? Or is it somehow tied to the exchange I bought it from? This doesn't happen for all securities and between all stock exchanges. So that is dependent on broker and country. I checked for VUSA with Selftrade. They categorically refused allowing me to trade in VUSA in different exchanges. I can only buy and sell in same currency only, albeit sell(buy) in the same exchange where I buy(sell) from. Should be the same behaviour for all brokers for us mere mortals, if you are a bank or a millionaire than that might be a different question.  The VUSA you quote is quoted in GBP in LSE and in EUR in AEX, and the ETF has been created by an Irish entity and has an Irish ISIN.  As Chris mentioned below, happens between US and Canadian exchanges, but not sure it happens across all exchanges. You cannot deal in inter-listed stocks in LSE and NYSE. Since it's the same asset, its value should not vary across exchanges once you compensate for exchange rates, right? Yes, else it opens up itself for arbitrage (profit without any risk) which everybody wants. So even if any such instance occurs, either people will exploit it to make the arbitrage profit zero (security reflects the equilibrium price) or the profit from such transaction is so less, compared with the effort involved, that people will tend to ignore it. Anyways arbitrage profit is very difficult to garner nowadays, considering the super computers at work in the market who exploit these discrepancies, the moment they see them and bring the security right to the zero arbitrage profit point. If there's no currency risk because of #2, what other factors should I consider when choosing an exchange to trade in? Liquidity? Something else? Time difference, by the time you wake up to trade in Japan, the Japanese markets would have closed. Tax implications across multiple continents. Law of the land, providing protection to investors. Finding a broker dealing in markets you want to explore or dealing with multiple brokers. Regulatory headaches."}
{"text": " \"They're over-regulated, but no sifi favors 0 regulation - that's fucking stupid and breaks the \"\"stable\"\" state of competitive universal banking.   But consumers are suffering because the regulations are so fucking stupid and costly. It's a bunch of academia-branded lawyers imposing regulations on 30-50 year bankers. That wouldn't go well anywhere.   Most bankers have different views - Kashkari is a Goldman guy who wants to break all the big banks up into regional competitors. If that happens, your deposits will have a higher return window, but then you actually have a daily risk to your deposits in the name of competition...I mean, fuck that.\""}
{"text": " \"I'm constantly terrified of the monthly jobs report, and yet what's funny is I work for an office in New York City (which I won't name for anonymity reasons), and we're always hiring people. Every week, it seems, we get a \"\"Please welcome our newest employee\"\"  email. I should be happy but I see what's really going on in the country and the world and I think \"\"....this is going to end badly for this company!\"\" :(\""}
{"text": " Idk if equating fiscal policy to direct changes in debt is the greatest idea. Yes if you buy one more F-35 your debt will increase by $160 million. However it's more complicated when discussing decreased debt, as for the direct cause."}
{"text": " Ultra Torq is a major supplier of high quality bolt tensioners and tools for pipe cutting and beveling. Providing innovative production-boosting solutions in Eastern Canada.Oil refineries, mechanical construction or wind energy plants, you can count on us for highly efficient bolting, tensioning, pipe beveling, pipe cutting and tube removal &amp; installation tools from recognized names"}
{"text": " \"I don't think you've mentioned which State you're in. Here in Ontario, a person who is financially incapable can have their financial responsibility and authority removed, and assigned to a trustee. The trustee might be a responsible next of kin (as her ex, you would appear unsuitable: that being a potential conflict of interest); otherwise, it can be the Public Guardian and Trustee. It that happens, then the trustee handles the money; and handles/makes any contracts on behalf of (in the name of) the incapable person. The incapable person might have income (e.g. spousal support payments) and money (e.g. bank accounts), which the trustee can document in order to demonstrate credit-worthiness (or at least solvency). For the time being, the kids see it as an adventure, but I suspect, it will get old very fast. I hope you have a counsellor to talk with about your personal relationships (I've had or tried several and at least one has been extraordinarily helpful). You're not actually expressing a worry about the children being abused or neglected. :/ Is your motive (for asking) that you want her to have a place, so that the children will like it (being there) better? As long as your kids see it as an adventure, perhaps you can be happy for them. Perhaps (I don't know: depending on the people) too it's a good (or at least a better) thing that they are visiting with friends and relatives; and, a better conversational topic with those people might be how they show your children a good time (instead of your ex's money). One possible way I thought of co-signing is if a portion of child/spousal support goes directly to the landlord. I asked the Child Support Services (who deduct money from my paycheck monthly to pay support to my ex) and they told me that they are not authorized to do this. Perhaps (I don't know) there is some way to do that, if you have your ex's cooperation and a lawyer (and perhaps a judge). You haven't said what portions of your payments are for Child support, versus Spousal support (nor, who has custody, etc). If a large part of the support is for the children, then perhaps the children can rent the place. (/wild idea) Note that, in Ontario, there are two trusteeship decisions to make: 1) financial; and 2) personal care, which includes housing and medical. Someone can retain their own 'self-care' authority even if they're judged financially incapable (or vice versa if there's a personal-care or medical decision which they cannot understand). The technical language is, \"\"Mentally Incapable of Managing Property\"\" This term applies to a person who is unable to understand information that is relevant to    making a decision or is unable to appreciate the reasonably foreseeable consequences of a    decision or lack of decision about his or her property. Processes for certifying an    individual as being mentally incapable of managing property are prescribed in the SDA (Substitute Decisions Act), and in the Mental Health Act.\"\" The Mental Heath Act is for medical emergencies (only); but Ontario has a Substitute Decisions Act as well. An intent of the law is to protect vulnerable people. People may also acquire and/or name their own trustee and/or guardian voluntarily: via a power of attorney, a living will, etc. I don't know: how about offering the landlord a year's rent in advance, or in trust? I guess that 1) a court order can determine/override/guarantee the way in which the child support payments are directed 2) it's easier to get that order/agreement if you and your ex cooperate 3) there are housing specialists in your neighborhood: They can buy housing instead of renting it. Or be given (gifted) housing to live in.\""}
{"text": " You can open Savings Bank Account with some Banks that offer better interest rate. Note there would be restriction on number of withdrawals in quarter. There are better interest rates if you lock in for 90+ days. The other option to explore is to open a Demat / Brokrage account and invest in liquid funds. Note depending on various factors it may or may not suite your requirements."}
{"text": " \"Just a word of warning: Most of the companies that promise to repair your credit are scams or close to them.  You could just as easily do yourself what they are going to charge you for. Essentially they write a letter to the credit agencies disputing most or all of the bad stuff on your credit report. When you do that, the credit agency sends an inquiry to the company that reported the negative information requiring them to justify it. If that company doesn't respond within x days, they remove the item from your credit report. These companies depend on the fact that some companies aren't going to hit that deadline or even respond. Perhaps they are just too busy to hassle with providing backup documentation for a $20 late payment. They are banking on getting a few of these cheap \"\"outs\"\" to your benefit and charging you for what amounts to sending out a bunch of form letters. If you don't mind writing a bunch of letters, then you can save a lot of money and get the exact same results. These companies want to pretend they have some insider knowledge or fancy lawyers that know special credit-magic, but they generally don't. The only option I'd consider legitimate and not a waste of your time is a referral from the non-profit National Federation for Credit Counseling. They aren't going to \"\"fix your credit\"\", but will give you advice on budgeting and repairing your credit on your own.\""}
{"text": " Yes to all three. However,"}
{"text": " There are some student loan repayment programs and the like where, if a raise would bump you past a certain threshold, you become ineligible and are suddenly left holding the whole bag, or alternately the payoff for having your loans forgiven/repaid drops considerably. It can make financial sense to avoid crossing those thresholds."}
{"text": " \"VaR does not do what it is supposed to do which is give you a \"\"floor\"\" with confidence on your potential losses.  Even for portfolios with millions of instruments, it will not give you a metric that means anything.  The point im trying to convey is that VaR does not give any meaningful information as its horribly inaccurate and that we would be better off WITHOUT VaR.\""}
{"text": " when weed growing is decriminalized, i will not pay eighty dollars for a small sack of it, because now i will be able to go over to my friend billys house and he will give me a large sack of it for five bucks, which he now does anyways, but he only does this for his very good friends, cuz he doesnt want to go to prison and lose him home and his family and he tells me that he would rather live in his house rather than living in prison, lol..  the value of weed will drop thru the floor when i can grow it and not risk losing my freedom and my family and all of my assets, not to mention the criminal record that would prevent me from ever living a productive life ever again.  if i said that no person would pay for weed, that is not really what i meant to say....  i meant to say that there will be a lot of weed floating around and you wont need to pay $250.00 per ounce for it, but instead you will probably get an ounce of decent weed for $30.00  funny story, when i was in california there was a weed club that i used to go to, and they were at risk to lose their license to sell weed, and the country bumpkins that worked there put a sign up that basically said this:  DONT MAKE US QUIT SELLING WEED, LOL..  CUZ WE DONT REALLY LIKE SELLING CRACK,  BUT IF WE CANT SELL WEED, WE WOULD HAVE TO GO BACK TO SELLING CRACK.  i am not kidding, they put this sign up where all of the customers could see it.  i almost peed on myself when i read it."}
{"text": " Thanks for the nice words. I do work in research actually, but I think there are a lots of people who would be a better AMA.  As far an intelligent policy, it really is simple. The people that have been in power have decided that not enforcing the law is better off for their prized constituents than enforcing it. The Democrats liked the illegals that became their voter base, the Republicans liked the cheap labor they provided to their corporate doners.   They have now wrapped all this in social justice nonsense so being practical is now akin to being racist. The solution is simply to enforce the existing laws."}
{"text": " While on a completely different scale to what you boys are talking about couple of years ago I was a relationship manager in retail banking and would on the reg have to sign away ~400k out of the tellers boxes and into the safe. After a few months of that you kind of view it as lego to fuck around with... [Australian money](https://www.google.com.au/search?q=australian+money&amp;hl=en&amp;prmd=imvns&amp;source=lnms&amp;tbm=isch&amp;sa=X&amp;ei=OquAUO2SD82ciAfSnoDgCA&amp;ved=0CAoQ_AUoAQ&amp;biw=1006&amp;bih=502)"}
{"text": " From an article I wrote a while back: \u201cDalbar Inc., a Boston-based financial services research firm, has been measuring the effects of investors\u2019 decisions to buy, sell, and switch into and out of mutual funds since 1984. The key finding always has been that the average investor earns significantly less than the return reported by their funds. (For the 20 years ended Dec. 31, 2006, the average stock fund investor earned a paltry 4.3 average annual compounded return compared to 11.8 percent for the Standard & Poor\u2019s 500 index.)\u201d It's one thing to look at the indexes. But quite another to understand what other investors are actually getting. The propensity to sell low and buy high is proven by the data Dalbar publishes. And really makes the case to go after the magic S&P - 0.09% gotten from an ETF."}
{"text": " This very much depends how you use that second line of credit and what your current credit is. There are of course many more combinations buy you can probably infer the impact based on these cases.   Your credit score is based on your likely hood of being profitable to a creditor should they issue you credit. This is based on your history of your ability to manage your credit.  Having more credit and managing it well shows that you have a history of being responsible with greater sums of money available.  If you use the card responsibly now then you are more likely to continue that trend than someone with a history of irresponsibility.  Having a line but not using it is not a good thing.  It costs the creditor money for you to have an account.  If you never use that account then you are not showing that you can use the account responsibly so if you are just going to throw the card in a safe and never access it then you are better off not getting the card in the first place."}
{"text": " \"For an RRSP, you do not have to pay taxes on money or investments until you withdraw the money. If you do not reinvest the dividends but instead, take them out as cash, that would be withdrawing the money. For mutual funds, you would normally reinvest the dividends if holding the investment inside an RRSP. For stocks, I believe the dividends would end up sitting in the cash part of your RRSP account (and you'd probably use the money to buy more stocks, though would not be required to do so). Either way, you do not pay tax on this investment income unless you withdraw it from your RRSP. For example, you invest $10,000 inside your RRSP. You get the tax benefit from doing so. You get dividends of $1,000 (hey, it was a good year), and use these to buy more stock. As the money never left your RRSP account, you are considered to have invested only your initial $10,000. If instead, you withdraw the $1,000 in dividends, you are taxed on $1000 income. TFSA are slightly more complicated. You don't get a tax benefit from your initial contribution, but then do not pay tax when you withdraw from the TFSA. Your investment income is still tax-free, and you are (generally) much more limited in how much you can contribute. For example, you invest $10,000 inside your TFSA. You get dividends of $1,000, and use these to buy more stock. Your total contributions to your TFSA remains at $10,000 as the money never left your account. You could instead withdraw the $1000 from your TFSA and would not pay tax on it. In the next calendar year (or later) after the withdrawal, you could \"\"repay\"\" the $1000 you took out without suffering an overcontribution penalty. This makes TFSA an excellent place to park emergency funds, as you can withdraw and subsequently replace the investment while continuing to get the tax benefits on your investment income. RRSPs are better for retirement or for the home buyers plan. In general, you should not be withdrawing money from either your TFSA or RRSP, except in emergencies, when retiring, or when purchasing a home. I prefer indexed mutual funds or money market accounts for both my RRSP and TFSA rather than individual stocks, but that's up to you.\""}
{"text": " \"Doing what you suggest may actually be helpful. Today, you have wealth of 145k and debt of 140k, for net wealth of 5k. Your interest incurred is $671/month and your interest earned is $211, for a total loss of $460/month, just below the 491 $/month you are saving, so your total saving is $31/month currently. However, even though in total, you have more money each month than the month before, you are getting more debt and thus more interest to pay each month. Your interest earned is increasing much slower. That $31/month you are currently able to save? By the time you hit 51, that has become $0/month and is still dropping. By 60? Your debt has overtaken your retirement savings - that $5 net worth you have now is gone. If you were to withdraw money from your retirement to pay off your debt (with the $32k penalties) you would have wealth of 70k and debt of 97k, for a net wealth of -27k (i.e. net debt). Obviously, the above is not good. However, you reduce your monthly interest paid to $465, while also reducing your interest earned to $102. This is a total loss of $365/month, so you are saving $126/month.  Note that in this case, your $491 monthly repayment is higher than the interest you have to pay on the account, this means that each month, your interest payment becomes lower, thus you pay off more and more each month. Your balance would be getting better each month (and at a faster rate each month. Your net wealth would be back in positives and above your wealth on your current trajectory before you hit 62. By 65, you will have $9000 of net wealth if you use your retirement savings now, as opposed to $9000 net debt if you don't. And just adding a few things on to the end 1) This is just the maths of it, and does not take into account your behaviour. If having that debt accruing is helping to motivate you to give up on luxuries, then this analysis does not apply. I am assuming that the $491/month is literally all you can save, and that no matter what changes, you will always deposit that $491. If you do not think you can continue to deposit that $491 if you stop seeing such high interest accruing, then do not do this. 2) I am assuming your interest earned on your IRA is 1.75%. If this is not the case, then please let me know, and I can adjust my numbers accordingly. From http://www.usatoday.com/story/news/politics/2014/01/28/obama-state-of-the-union-myra-savings-plan/4992743/ 3) I'm assuming all numbers you mentioned are accurate, and will stay constant (interest rates may not) 4) This is not professional, financial advice. I am just a person on the internet.  5) This goes without saying (and will probably go down as well as \"\"let them eat cake\"\" did), but saving more money each month will be a more powerful, risk free way to get out of this problem. Work a 2nd job, cut costs however you can. 6) Sorry if you were looking for something more motivational or sugar coated.  7) Best of luck, feel free to ask any questions. Graph below in red is your current trajectory, and blue is if you withdraw from your retirement to pay off your debt.\""}
{"text": " \"The carry forward refers to the \"\"annual allowance\"\", which is a limit on the total pension contributions you can make and still get any tax relief at all.  However, the tax relief itself only applies to the year you make the contribution, and you can't carry the contribution itself back or forward to get relief at a higher marginal rate. So, in scenario (1) you get \u00a32K relief and your provider gets \u00a32K relief. But the actual contribution you should make to your provider is \u00a38K. They'll add in the \u00a32K to make a \u00a310K gross contribution, and then you'll claim back the \u00a32K leaving you having contributed \u00a36K net for the \u00a310K gross contribution. The mechanism whereby the pension provider claims back the \u00a32K is called \"\"relief at source\"\". For scenario (2) you'll only get basic rate tax relief on the second \u00a310K, because you'll have already reduced your gross income for the year below the higher-rate threshold with the first \u00a310K. If you managed to make pension contributions in excess of the annual allowance even considering carry-forward, then you'd get no tax relief at all on those contributions. Given that the pension would also get taxed when paid, this is not a good deal and people generally avoid exceeding that limit. For (3) I'm not entirely certain, but I think you can carry forward in the circumstances you describe. I think the principle is simply that you could have paid into a pension scheme. In practice I also don't think HMRC will be worrying too much about this precise detail even if they have the opposite interpretation - it'd be a lot of work to check for not much gain.\""}
{"text": " Buffett has the edge here. Berkshire is proposing to keep Oncor's board and CEO, which NextEra didn't offer and was a sticking point for the PUC.  However Elliot owns something like 70%+ of EFH's debt, so maybe the PUCT will be more accommodating to that."}
{"text": " This time it's different  It's not.  The market is overvalued but not by ahistoric levels, repatriation of US Corporate funds thanks to the Trump tax plan could easily drive markets higher 20-30%.  Correction is a probable occurance in the next few years, probably driven by Central banks getting too overzealous with returning to normal interest rate levels."}
{"text": " Your insight front the meeting is interesting. It's a single data point but likely representative.  The hive clearly find your post self engrandizing and down votes ensue.   While I enjoy stories of companies self emulating, the successful pivots are my favorite"}
{"text": " Well, I'm sorry that you're so thin-skinned. Here's a simple logical relation that I think absolutely holds true: hard work is neither necessary nor sufficient for success. It's certainly to be valued, but not as a form of cult worship.  There are so many people who are smarter, more tenacious and work harder than anyone you've ever known -- and they were cut down by malaria, murder, or a god damned piano falling on their heads. Them are the breaks. For every billionaire/famous person out there, there're at least 100 also-rans with analogous talent and prospects (at one point).  Chance rules us all, and it takes NOTHING away from the hard-working to admit that."}
{"text": " The banks and the Fed inflated the housing bubble. There was too much money floating around and it went into housing and loans for housing. The banks are highly responsible for this crisis because the failed to investigation into who was receiving the loans (due diligence). In turn, many of these same banks sold these crap and uninvestigated loans as CDOs and the like (made triple A by the ratings agencies, paid by the banks) to other investors, bringing in more cash that was quickly loaned out to keep the whole process going. All the while they were filing and registering these mortgage records with MERS to avoid paying various jurisdictions the fees and taxes owed (this is many 10s of billions of dollars). The easy money created artificial and inflated demand and completely distorted the housing market.   Other than those large points, the banks are utterly blameless."}
{"text": " It is the people who you bought the ticket from. Blocking is frequently done by hotels, gas stations, or rental car companies. Also, for anything where the credit card might be used to cover any damages or charges you might incur later as part of the transaction. In essence, they are reserving part of your credit limit, ostensibly to cover charges they reasonably expect you might incur. For example, when you start pumping gas using a credit card they may block out $100 to make sure you don't pump a full tank and your credit card is declined because you ran over your limit at $3.  In general, the blocks clear fairly quickly after you settle up with the company on your final bill. You can also ask the company to clear the block, but I don't think they are required to by law in any specific time period. It may be up to their (and your) agreement with the credit card company. Normally it isn't an issue and you don't even notice this going on behind the scenes, but if you keep your credit card near its limit, or use a debit card it can lead to nasty surprises (e.g. they can make you overdraw your account). One more reason not to use debit cards. More information is available here on the Federal Trade Commission's website."}
{"text": " outstanding shares are the shares(regular shares) that are still tradable in the market, where the firm in question is listed. The term is primarily used to distinguish from shares held in treasury(treasury stock), which have been bought back(buybacks) from the market and aren't currently tradable in the market. Wikipedia is a bit more clearer and mentions the diluted outstanding shares(used for convertible bonds, warrants, etc) which is used to calculated diluted EPS."}
{"text": " Costco is one of my favorite places to shop.  I hardly ever find better prices elsewhere and their return policy is pretty amazing.  That being said, biggest complaint I have are the long ass lines and parking is a nightmare."}
{"text": " You don't say your level of consumer debt.  You don't say how much of an emergency fund you have. If you have debt, pay it off before you invest.  If you don't have an emergency fund (X months' expenses, pick your own X) get that before investing. If you have neither, get a small emergency fund, and then throw as much as you can to getting rid of debt. Beyond that, look for prudent investments.  They're not the same as conservative investments. To know what's prudent, learn about the ones you listed and what determines their prices.  Learn how or why they go up or down in value."}
{"text": " This would literally have changed nothing about the shikreli situation. That was a manufacturer, Amazon has obtained licences to be a middle man (buy from mfgr at mfgrs price and sell to pharmacies and potentially direct to consumer though they need additional licences for that.)"}
{"text": " This is great! I'm not a CPA, but work in finance. As such, my course/professional work is focused more on the economic and profitability aspects of transfer pricing. As you might imagine, it tended to analyze corporate strategy decisions under various cost allocation models, which you thoroughly discuss.  I would agree with the statement that it is based on the matching principle but would like to add that transfer pricing is interesting as it falls under several fields: accounting, finance, and economics. Fundamentally it is based on the matching principal, but it's real world applications are based on all three (it's often used to determine divisional and even individual sales peoples profitability; as is the case with bank related funds transfer pricing on stuff like time deposits). In this case, the correct accounting principal allows you to, when done properly, better understand the economics, strategy, and operations of an organization.   In effect, when done correctly, it provides transparency for strategic decision making to executives. As I said, since my coursework tended to focus more on that aspect, I definitely have a natural tendency towards it.  This is an amazing explanation (esp. about interest on M&amp;A bridge loans, I get that) of the more detailed stuff! Truthfully, I'm not as familiar with it and was just trying to show more of the conceptual than nitty-gritty.   Thanks for the reply!"}
{"text": " Weird situation. It sounds like there were options for a non implantable, wearable option. The microchip basically serves as an advanced employee badge. I don't understand the outrage at all. My guess is that the people complaining are reacting to the soundbyte instead of the reality of the situation."}
{"text": " I work in a firm that performs this kind of execution for a number of instutional traders. We sell a number of algorithms, and a lot of research goes into building good market signals and forecasts, but the basic idea is that we make a trade-off between time to execute and market impact. This generally means that we're doing a mix of everything you said; we will join the bid for some fraction of our size, and also hit the offer when it looks like the price might be moving away from us. In some certain situations we will even sweep the book several levels deep to avoid tipping off market makers and having them adjust in anticipation of the rest of our order."}
{"text": " Even post meltdown, there are banks that will lend money based on a low loan to value, so 50% might not be a problem. But such loans come at a price. The current 30 year fixed rated is 4.5% or so, but you might see quite a bit higher than this on the loan."}
{"text": " You can use www.mint.com for most of your requirements. It works great for me, it's free and I'd say is secure. Hosting that kind of service just for your will be time-consuming and not necessarily more secure than most of the stuff that is readily available out there. Good luck."}
{"text": " In some country's even retail competitors set up a cartel like scheme and they pressure the fuck out of farmer and producers to drop prices, and obey to their promotion's.  It's like they give them the volume to expand, and now that you are in a whole other level of production cut down prices or you'll be left with perishable goods with a limited shelf life, and no one to buy them."}
{"text": " If you personally make any money from it then you need a Series 65, or a Series 63 license. It is a private industry/SEC regulation. The license itself basically spells out your duties and ethical standards for you."}
{"text": " you don't need to turn your head. almost all the controls you would want to use while driving, including navigation, volume, phone dialing, are accessible from the wheel and visible in the central instrument dashboard.   have you actually driven one? its really not any more distracting that any other car."}
{"text": " \"This is the best tl;dr I could make, [original](https://www.bloomberg.com/news/articles/2017-06-19/oil-s-slide-stalls-as-investors-weigh-stockpiles-against-libya) reduced by 70%. (I'm a bot) ***** &gt; The amount of oil stored in tankers reached a 2017 high of 111.9 million barrels earlier this month, according to Paris-based tracking company Kpler SAS. Oil has slipped below $45 a barrel as supplies in the U.S. remain plentiful and drillers continue to add rigs, raising concerns output cuts by the Organization of Petroleum Exporting Countries and allies including Russia won&amp;#039;t succeed in draining bloated stockpiles.  &gt; Crude stockpiles remain more than 100 million barrels above the five-year average, according to data from the EIA. American production has climbed to 9.33 million barrels a day through June 9, near the highest since August 2015.  &gt; Libya is pumping about 900,000 barrels a day, according to a person with direct knowledge of the matter, who asked not to be identified for lack of authority to speak to the media.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6ietvj/oil_prices_are_tumbling_more_than_2_toward_43/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~148648 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*: **barrel**^#1 **percent**^#2 **August**^#3 **U.S.**^#4 **Oil**^#5\""}
{"text": " &gt; Only way to stay ahead is get as educated as possible.   ya... only problem... Americans are basically retarded in almost every measure by international standards.  Not all Americans... but the smart ones are not staying here for much longer."}
{"text": " Insurance in India is offered by Private companies as well [ICICI, Maxbupa, SBI, Max and tons of other companies].   These are priavte companies, as Insurance sectors one has to look for long term stability, not everyone can just open an Insurance company, there are certain capital requirements. Initially the shareholding pattern was that Indian company should have a majority shareholding, any foreign company can have only 26% share's. This limit has now been extended to 49%, so while the control of the private insurance company will still be with Indian's the foreign companies can invest upto 49%. It's a economic policy decission and the outcome whether positive or negative will be known after 10 years of implemenation :) Pro's: - Brings more funds into the Insurance segment, there by bringing strength to the company - Better global practise on risk & data modelling may reduce premium for most - Innovation in product offering - More Foreign Exchange for country that is badly needed.   Con's: - The Global companies may hike premium to make more profits. - They may come up with complex products that common man will not understand and will lead to loss - They may take back money anytime as they are here for profit and not for cause.   Pension today is offered only by Government Companies. There is a move to allow private companies to offer pension. Today life insurance companies can launch Pension schemes, however on maturity the annuity amount needs to be invested into LIC to get an annuity [monthly pension]."}
{"text": " The technical answer is defined by the laws of state you live in but most (all?) states with a sales tax have some form of use tax. Where if you buy something in another state for use in your home state you are technically liable for sales tax on it regardless of whether the merchant charged you tax on it or not. I don't think many people actually pay the use taxes, and enforcement generally seems rare."}
{"text": " If you want to buy once the price goes up to $101 or above you can place a conditional order to be triggered at $101 or above and for a limit order to entered to buy at $102. This will mean that as soon as the price reaches $101 or above, your limit order will enter the market and you will buy at any price from $102 or below. So if the price just trickles over $101 you will end up buying at around $101 or just over $101. However, if the price gaps above $101, say it gaps up to $101.50, then you will end up buying at around $101.50. If the price gaps up above $102, say $102.50, then your limit order at $102 will hit the market but it will not trade until the price drops back to $102 or below."}
{"text": " For cash, SIPC insurance is similar to FDIC insurance. Your losses are not covered, but you're covered in case of fraud. Since your cash is supposed to be in a trust account and not commingled with brokerage's funds, in case of bankruptcy you would still have your cash unless there was fraud."}
{"text": " Agree with the above poster regarding causation vs. correlation. Unless you can separate out the variables questions like this are somewhat impossible to answer.  Additionally, one of the fundamental issues is the Agency Problem. Depending on the fee structure the advisor might be more interested in their own self benefit then yours."}
{"text": " Having worked at a financial institution, this is a somewhat simple, two-part solution. 1) The lendor/vendor/financial institution simply turns off the overdraft protection in all its forms. If no funds are available at a pin-presented transaction, the payment is simply declined. No fee, no overdraft, no mess. 2) This sticking point for a recurring transaction, is that merchants such as Netflix, Gold's Gym etc, CHOOSE to allow payments like this, BECAUSE they are assured they are going to get paid by the financial institution. It prevents them from having issues. Only a gift card will not cost you more money than you put in, BUT I know of several institutions, that too many non-payment periods can cause them to cease doing business with you in the future. TL:DR/IMO If you don't want to pay more than you have, gift cards are the way to go. You can re-charge them whenever you choose, and should you run into a problem, simply buy a new card and start over."}
{"text": " \"For me, it would be hard to leave all forms of money at home (cash, credit card, debit card.)  There are times when you simply need to have money on hand.  But, here's a simple idea I have that lets you bring your cards with you, yet still puts up a hurdle to curb impulse buying. When you're in a situation where you want to buy something, the card that's in your wallet/purse will be wrapped in your crafted \"\"reminder envelope.\"\"  You'll see the reminder, which is hopefully enough.  Then, in order to make a purchase you'll need to tear it open.  That should get you to think twice. The one problem with the above is online purchases: If you have memorized your card information, add this rule for yourself:  No online purchases without the payment card present and visible.  (i.e. you also must tear open the envelope for online purchases.)\""}
{"text": " \"This is not intended as legal advice, and only covers general knowledge I have on the subject of wills as a result of handling my own finances.   Each state of the USA has its own laws on wills and trusts.  You can find these online.  For example, in Kentucky I found state laws here:  http://www.lrc.ky.gov/krs/titles.htm and Title XXXIV is about wills and trusts.  I would recommend reading this, and then talking to a lawyer if it is not crystal clear.   Generally, if a lawyer does not draft your will, then either (1) you have no will, or (2) you use a form or computer program to make a will, that must then be properly witnessed before it is valid.  If you don't have it witnessed properly, then you have no will.  In some states you can have a holographic will, which means a will in your own handwriting.  That's when you have that 3am heart attack, and you get out a pad of paper and write \"\"I rescind all former wills hereby bequeathing everything to my mistress Samantha, and as to the rest of you go rot in hell. \"\" One issue with these is that they have to get to court somehow, and someone has to verify the handwriting, and there are often state laws about excluding a current spouse, so you can guess for yourself whether that one might disappear in the fireplace when another family member finds it next to the body or if a court would give it validity. And there can be logic or grammar problems with do it yourself wills, made in your own handwriting, without experience or good references on how to write things out.  Lawyers who have done a bunch of these know what is clear and makes sense.  (1) In Tennessee, where I live, an intestate's property, someone who died with no will, is divided according to the law.  The law looks to find a spouse or relatives to divide the property, before considering giving it to the state.  That might be fine for some people.  It happened once in my family, and was resolved in court with minimal red tape.  But it really depends on the person.  Someone in the middle of an unfinalized divorce, for instance, probably needs a will help to sort out who gets what.   (2) A form will is valid in Tennessee if it is witnessed properly.  That means two witnesses, who sign in yours' and each others' presence.  In theory they can be called to testify that the signature is valid.  In practice, I don't know if this happens as I am not a lawyer. I have found it difficult to find witnesses who will sign a form will, and it is disconcerting to have to ask friends or coworkers for this sort of favor as most people learn never to sign anything without reading it.  But a lawyer often has secretaries that do it...  There is a procedure and a treaty for international wills, which I know about from living overseas. To streamline things, you can get the witnesses to each sign an affidavit after they signed the will.  The affidavit is sworn written testimony of what happened, that they saw the person sign their will and sign in each others' presence, when, where, no duress, etc.  If done correctly, this can be sufficient to prove the will without calling on witnesses.  There is another option (3) you arrange your affairs so that most of your funds are disbursed by banks or brokers holding your accounts.  Option (3) is really cheap, most stock brokers and banks will create a Transfer-On-Death notice on your account for free.  The problem with this is that you also need to write out a letter that explains to your heirs how to get this money, and you need to make sure that they will get the letter if you are dead.  Also, you can't deal with physical goods or appoint a guardian for children this way.  The advantage of a lawyer is that you know the document is correct and according to local law and custom, and also the lawyer might provide additional services like storing the will in his safe.  You can get personalized help that you can not get with a form or computer program.\""}
{"text": " \"The overall standard of living in the USSR actually *increased* when compared to the previous Czarist regime.   Going from a pseudo feudal society to a full blown communist experiment, however, seems to be a rather unsustainable approach to social evolution.   In any case, all \"\"isms\"\" tried at large scale -feudalism, capitalism, socialism, communism- have been proven to be systemically flawed: they all revolve around arbitrary pyramidal power structures, ignore physical reality, and utilize an abstract metric as their basis, i.e. capital/money.\""}
{"text": " I'm 23 and working in finance after graduating with a degree in finance from University of Wisconsin. I can tell you that you that if you work hard to get relevant internships during the summer months between semesters, you won't have any issues getting a job in finance. However, if you decide to go the computer science route (like my two roommates did), you won't have any troubles finding a job. However, you will have way more opportunities to choose from if you have relevant internship experience.    Long story short, work hard to get a good GPA and line up internships for the summer, but you should also make sure that you're having fun during the school year."}
{"text": " \"**Credit rating agencies and the subprime crisis**  Credit rating agencies (CRAs) \u2014 firms which rate debt instruments/securities according to the debtor's ability to pay lenders back \u2014 played a significant role at various stages in the American subprime mortgage crisis of 2007-2008 that led to the Great Recession of 2008-2009. The new, complex securities of \"\"structured finance\"\" used to finance subprime mortgages could not have been sold without ratings by the \"\"Big Three\"\" rating agencies \u2014 Moody's Investors Service, Standard &amp; Poor's, and Fitch Ratings. A large section of the debt securities market \u2014 many money markets and pension funds \u2014 were restricted in their bylaws to holding only the safest securities \u2014 i.e securities the rating agencies designated \"\"triple-A\"\". The pools of debt the agencies gave their highest ratings to  included over three trillion dollars of loans to homebuyers with bad credit and undocumented incomes through 2007.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.27\""}
{"text": " Without knowing your credit situation or your full budget it's a little difficult, but i'd go with the snowball method for now: It may seem like not a big deal to have this kind of debt but you really should be looking at it as if your walking around with your hair on fire.  It's a HUGE emergency. Debt, especially looming CC debt with high rates, can make things worse (think water on grease fire) really quickly so the faster you get rid of it the better.  Good luck!"}
{"text": " The day trader in the article was engaging in short selling.  Short selling is a technique used to profit when a stock goes down.  The investor borrows shares of a stock from someone else and sells them.  After the stock price goes down, the investor buys the shares back and returns them, pocketing the difference. As the day trader in the article found out, it is a dangerous practice, because there is no limit to the amount of money you can lose. The stock was trading at $2, and the day trader thought the stock was going to go down to $1.  He borrowed and sold 8,400 shares at $2.  He hoped to buy them back at $1 and earn $8,400 profit.  Instead, the stock went up a lot, and he was forced to buy back the shares at $18.50 per share, or about $155,400.  He had had $37,000 with E-Trade, which they took, and he is now over $100,000 in debt."}
{"text": " To be fair, making a twitter-esque website so people can talk, and actively hacking an election are two very different, and incomparable situations.   I'm not saying what we did is okay, because it isn't. But there's orders of magnitude of difference there that you're ignoring."}
{"text": " We face the same issue here in Switzerland. My background: Institutional investment management, currency risk management. My thoughs are: Home Bias is the core concept of your quesiton. You will find many research papers on this topic. The main problems with a high home bias is that the investment universe in your small local investment market is usually geared toward your coutries large corporations. Lack of diversification: In your case: the ASX top 4 are all financials, actually banks, making up almost 25% of the index. I would expect the bond market to be similarly concentrated but I dont know. In a portfolio context, this is certainly a negative. Liquidity: A smaller economy obviously has less large corporations when compared globally (check wikipedia / List_of_public_corporations_by_market_capitalization) thereby offering lower liquidity and a smaller investment universe. Currency Risk: I like your point on not taking a stance on FX. This simplifies the task to find a hedge ratio that minimises portfolio volatility when investing internationally and dealing with currencies. For equities, you would usually find that a hedge ratio anywhere from 0-30% is effective and for bonds one that ranges from 80-100%. The reason is that in an equity portfolio, currency risk contributes less to overall volatility than in a bond portfolio. Therefore you will need to hedge less to achieve the lowest possible risk. Interestingly, from a global perspective, we find, that the AUD is a special case whereby, if you hedge the AUD you actually increase total portfolio risk. Maybe it has to do with the AUD being used in carry trades a lot, but that is a wild guess. Hedged share classes: You could buy the currency hedged shared classes of investment funds to invest globally without taking currency risks. Be careful to read exactly what and how the share class implements its currency hedging though."}
{"text": " I said Yahoo because it was hot for a while and now it's not. Tons of people who bought at the top when their P/E was stupid, lost their ass. That was entirely the point. Websites, like Hot Pockets, may exist forever but they don't stay hot forever."}
{"text": " \"This is the best tl;dr I could make, [original](https://mobile.nytimes.com/2017/08/03/style/what-is-cryptocurrency.html?referer=) reduced by 95%. (I'm a bot) ***** &gt; Most readers have probably heard of Bitcoin, the digital coin that dominates the cryptocurrency market.  &gt; As traditional paths to upper-middle-class stability are being blocked by debt, exorbitant housing costs and a shaky job market, these investors view cryptocurrency not only as a hedge against another Dow Jones crash, but also as the most rational - and even utopian - means of investing their money.  &gt; Assuming one&amp;#039;s money is protected, there are, of course, the standard risks of investing, amplified by the volatility of cryptocurrency.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6sdv1b/ethereum_in_nytimes/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~186120 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*: **cryptocurrency**^#1 **market**^#2 **money**^#3 **coin**^#4 **invest**^#5\""}
{"text": " \"I have a slightly different take on this, compared to the other answers. In general, I think your emergency fund should always be at least 3K, especially if you own a used car that is out of warranty. Any number of unlucky auto repairs could easily cost over 2K. So, if you have 7K in savings, I would personally buy a car that is 4K or less or finance any amount of the car over 4K (if you can get a relatively low interest rate). Then I would pay down the financed portion of the car as quickly as possible while maintaining at least a 3K emergency fund. That being said, notice I mentioned \"\"In general\"\". Your situation may actually be quite different. If you don't have much debt, with your income you might be able to build up a couple of thousand in savings in a single month, and if so the above doesn't really apply. Even if you spent the entire 7K on a car, you'd likely have at least 3K in your emergency fund within 60-90 days. As for what's responsible, there are too many factors to dictate that. If you don't have many other expenses, you could possibly afford a $40K car, and I don't think anyone here could fairly call that \"\"irresponsible\"\" if you spent that much, though surely no one would call it \"\"responsible\"\" either. Perhaps the best advice is to buy the least expensive car you will be happy with. Many people regret overspending on a vehicle, but few regret underspending (unless they got a lemon that requires lots of repairs). Finally, you could also consider another option. You could get a very cheap car for 1K or less and drive it for a year. By then you may have closer to 20K saved up for a much nicer car than you can afford today.\""}
{"text": " As a previous employee at Target the cashier's were all doing things wrong...you cannot buy AMEX or Visa prepaid cards with target giftcards or you get in big shit.    You are also not supposed to sell giftcards for giftcards.    This should all pop up automatically when the cashier rings it up...so i'm confused."}
{"text": " It may clarify your thinking if you look at this as two transactions: I am an Australian so I cannot comment on US tax laws but this is how the Australian Tax Office would view the transaction. By thinking this way you can allocate the risks correctly, Partnership Tenancy Two things should be clear - you will need a good accountant and a good lawyer. I do not agree that there is a conflict of interest in the lawyer acting for both parties - his role should only be for advice and to document what the two of you agree to. If you end up in dispute, then you need two lawyers."}
{"text": " Yes. But once you chose the method (on your first tax return), you cannot change it without the IRS approval. Similarly the fiscal year. For individuals, I can't think of any reason why would accrual basis be better than cash, or why would an individual use a fiscal year other than the calendar year."}
{"text": " Wow the collateral totally eliminates the purpose of the swap for B, to have a consistent steady cash flow and stable expenses.   It probably wouldn't be worth a broker's time unless it was in the millions.  They should invent interest rate swaps for the mass market. I'm patenting that!"}
{"text": " \"To dispute your first point. It can be racist if it's the truth. The accuracy of a statement doesn't impact it's cruelty.   If you were over weight and I called you a fat fuck, it may well be true, though it's still mean.  In the same way if your mother was dying of cancer and I was to say \"\" she is a cancerous weight on our social structures, and she's not likely to live long anyway \"\" all of those things may be factually correct, however it is still malicious for me to say those things in that way.   Similarly even if what he says is factually correct(which is an issue I'll get to) does not change whether what he said and the way he said it was malicious (or hurtful) to a particular race. Now whether what he said is socially acceptable is a matter of culture, you seem to think it's perfectly acceptable, as another said, many of his business connections might also. I happen to think it's not acceptable , clearly in line with op. I'm not looking to argue about whether it is acceptable to ever be racist because that is a nuanced line (though fairly simple to keep away from) that has been covered over and over in many other discussions arguments and protests.   To the matter of whether or not what he has said is factually correct.   I agree with you on this: Zimbabwe is incredibly rich in resource and is a largely untapped land in the modern world(though seemingly not for long).   However I would make the distinction in my argument in the causality. Is it the fault of the Zimbabwe people that they have not fully taken advantage of their resource. And if so is that fault in anyway linked to their skin colour.   For me even if you conceed the first, the 2nd is untenable. clearly seen in the rise of Asia and of India through the 20th &amp;21st century, education medicine ,social support and infrastructure play a much larger role in the ability of a society to effectively allocate resource , than the vain colour of ones skin or the line of ones heritage.  Not to say the first is entirely true either, as the mistakes of yours forbearers weigh on your ability as much as their success accelerates you .  There are key resources, and educations the places such as Zimbabwe lacked, the made them unable to use  resource historically in the same way as the modern western world (water hygiene, tool making resource, most notably land able to support intensive farming, and food storage.  )  .  Instead the cultures would have developed to use the land resources as is most efficient, though may not nessisarily be the centralised cities and farming of Europe.    Further I would argue education and infrastructure, as was seen originally with the foundation of the us the America's resource was untapped without the machinery or knowledge to take advantage of it, which debatably comes best from the close quarters of Europe.   Writing also, improving the transfer of information by orders of magnitude , first created in the middle East, taken up by the Greeks, then the Romans . Therefore much of Europe's success (amount other thing s) can be credited to to Romans, and theirs to the Greeks, and theirs to the Persians .   Clearly the Persians , nor even the Romans were \"\"white \"\" by any pure standard. (Especially noting England's boom occurred after introduction of Roman infrastructure, and more recently Asia with western international corporation's)    I would argue that the size of a society and it's economic success (which may not nessisarily be the aim of the society) has more to do with the tools available, the location and access to trade, infrastructure and social support (including medicine).   These are things that are not inextricably linked to the colour of ones skin. Therefore to say that \"\"blacks\"\" by virtue of being black, lacking any other qualifying information, are inherently less able to bring America into economic success than \"\"whites\"\" by virtue of them being white, lacking any qualifying information, is not entirely factually correct and is naturally open to criticism.   By changing you argument to be less directed at the colour of ones skin, and more toward the nature of the society and the capabilities of their technology your argument is made more tolerable (though still entirely open to critisism).  But as soon as you change your argument to \"\"I'm glad that people capiable of colonising America and bringing to to success did, instead of people weren't able to colonise America and bring technology with them \"\" the argument becomes somewhat null. Of course a society, whether black white or any other, with advanced technology and access to trade (such as Brittan who had control of many trade lines and much of Indian production) would be able to colonise and take advantage of resources better than a society which did not have those things (control of large trade routes , ships ect). And these things have less to do with the colour on ones skin, and more to do with infrastructure, trade and social support.   The fact is when the racism is taken out, the argument isn't worth mentioning, because the ability to colonise speaks to a society that takes effective advantage of trade infrastructure and technology.  This fact is distasteful and makes any attempt to justify the argument seem a thinly veiled justification for rasicim.  as, if not to be racist what is the argument actually a arguing; what does his statement actually say without specifying the colour of ones skin?  So to recap, I'm not entirely against the line of thought , nor that the guy said it(if he gets in the good books of his friends / shug). What I am against is a society that supports racism, the society he is supporting in making that type of statement. What I am against is the idea that if something is *True* it doesn't matter *How* it's said. (Remember your fat ass mom) I'm what I am against is the use of null arguments to justify a controversial opinion. (If the controversial aspect of the sentence is able to be taken away and it was, would it have any meaning?)  Sorry if I was overly aggressive in this response, and for any grammatical mistakes, and if you have a response I would appreciate a similar amount of effort , and will do my best to subdue my bias.  Thank you .  Edit: grammar\""}
{"text": " First off... If you provide good service than you shouldn't worry... Since you are providing a service and your customers send payment to your PayPal, if there is no dispute made within 90 days, the customer cannot dispute further.  However if it is disputed within 90 days than you may run into some trouble. But it may be in your favor if PayPal finds no signs of fraud and since it's a service payment, PayPal cannot really track it compared to if your customers paid you for a product which can be disputed up to 180 Days?? I may be wrong on that one.  However if it does get disputed and PayPal favors your clients than you have to pay it back one way or another. You may want to ask your customers or put yourself a description of the service and terms in the invoice. It may help resolve future disputes. I know this because I have called PayPal customer service and ask which I suggest you do too."}
{"text": " I have a Citi card that gives me checks all of the time.  Most of the time it requires the 3%/minimum $10 or whatever, but occasionally when they're trying to sucker you into borrowing money from them they will let you take $1,500 w/ no fee for 6 months.  Outside of that I've never seen it exist in modern credit cards."}
{"text": " As a personal advice, its best avoided to take a loan for a vacation. Having said that it would also depend on the amount of loan that one is planning to take and the duration for repaying the loan and the rate of interest.   One has to also consider if you borrow; when you are paying the loan back, is that money comming out of something else that was budgeted. Say paying this loan means that you can't save enough for the downpayment for your house you plan to buy next year or will mean less contributions to retirement savings. If so then its definately advisable to forego the vacation travel. You can still take the holiday and enjoy at home doing something else that of meaning."}
{"text": " Location is really what's going for me I believe.  The neighboring city doesn't have any hotels or motel but the town I live in have about 6 motels and hotels combined but all family owned. The location that I feel would be perfect for a chain hotel because it'd bring comfort to people who have never been to the area before and it's located downtown on a snowmobile trail and atv access."}
{"text": " \"As of right now it looks like you can't issue an ETF at least because the underlying \"\"commodity\"\" isn't regulated. (See Winkelvoss ETF). I suspect you would run into this problem with any 1940 act fund (mutual fund), but it's more a situation of \"\"not approved\"\" rather than illegal, so an MLP hedge fund structure would probably be fine.  And some googling finds Iterative Instinct Management's Storj SPV.\""}
{"text": " Liquidity on dual listed equities is rarely the same on both exchanges. More liquidity means you would typically get a better price assuming you execute the trades using the same order types. It's recommended to trade where the liquidity is greater unless your trading method benefits somehow from it being lower. It's important to remember that some ADRs (some European companies listed in US) have ADR fees which vary. USD/EUR transaction fees are low when using a decent broker but you're obviously participating in the currency risk."}
{"text": " &gt; ...but don't point a gun at someone and just take it.  You ordered government services through elections which included an agreement to pay taxes for them.  Do you also equate paying the check at a restaurant as larceny?"}
{"text": " What is up with Cracked magazine lately?  It used to be a crappy imitator of MAD magazine when I was a kid, and now it has surpassed it.  Every article they write is comedy gold!  :)  MAD should wake up and do an online edition, otherwise they'll be out of business and Cracked will be all that's left!"}
{"text": " \"This is more of a long comment but may answer user's situation too. I have dealt with joint mortgages before in 3 states in the US.  Basically in all three states if one party wants to sell, the home goes up for sale.  This can be voluntary or it can go up via auction (not a great choice). In 2 of the 3 states the first person to respond to the court about the property, the other party pays all legal fees.  Yes you read this right.  In one case I had an ex who was on my mortgage, she had no money invested in the house ($0 down and still in college with no job).  [If she wasn't on the mortgage I wouldn't have gotten loan - old days of dumb rules] When we split her lawyer was using the house as a way to extort other money from me.  Knowing the state's laws I already filed a petition for the property but put it on hold with the clerk.  Meaning that no one else could file but if someone tried mine would no longer be on hold.  My ex literally spent thousands of dollars on this attorney and they wanted to sell the house and get half the money from the house.  So sale price minus loan amount divided between us.  This is the law in almost every state if there is no formal contract.  I was laughing because she wanted what would be maybe 50-75K for paying no rent, no money down, and me paying for her college. Finally I broke her attorney down (I didn't lawyer up but had many friends who were lawyers advising).  After I told her lawyer she wasn't getting anything - might have said it in not a nice way - her lawyer gave me her break down.  To paraphrase she said, \"\"We are going to file now.  My assistant is in the court clerk's office.  You can tell the court whatever you want.  Maybe they will give you a greater percentage since you put the money down and paid for everything but you are taking that chance.  But you will pay for your lawyer and you will need one.  And you will pay for me the entire time.  And this will be a lengthy process.  You would be better served to pay my client half now.\"\" Her office was about 2 blocks from court.  I laughed at her and simply told her to have her assistant do whatever she wanted.  I then left to go to clerk's office to take the hold off.  She had beat me to the office (I moved my car out of her garage).  By the time I got there she was outside yelling at her assistant, throwing a hissy fit, and papers were flying everywhere.  We \"\"settled\"\" the next day.  She got nothing other than the things she had already stolen from me.  If I wouldn't have known about this loophole my ex would have gotten or cost me through attorney's fees around 40-50K for basically hiring a lawyer.  My ex didn't really have any money so I am pretty sure lawyer was getting a percent. Moral of the story: In any contract like this you always want to be the one bringing in the least amount of money.  There are no laws that I know of in any country where the person with the least amount on a contract will come out worse (%-wise).  Like I said in the US the best case scenario that I know of for joint property is that the court pays out the stakeholder all of their contributions then it splits things 50/50.  This is given no formal contract that the court upholds.  Don't even get me started with hiring attorneys because I have seen the courts throw out so many property contracts it isn't even funny.  One piece of advice on a contract if you do one.  Make it open and about percentages.  Party A contributes 50K, Party B 10K, Party A will pay this % of mortgage and maintenance and will get this % when home is sold.  I have found the more specific things are the more loopholes for getting out of them. There are goofy ass laws everywhere that make no sense.  Why would the person first filing get their lawyers paid for???  The court systems in almost all countries can have their comical corners.   You will never be able to write a contract that covers everything.  If the shower handle breaks, who pays for it?  There is just too many one-off things with a house. You are in essence getting in a relationship with this person.  I hear others say it is a business transaction.   NO.  You are living with this person.  There is no way to make it purely business.  For you to be happy with this outcome both of you must remain somewhat friends and at the very least civil with each other.   To add on to the previous point, the biggest risk is this other person's character and state of mind.  They are putting in the most money so you don't exactly have a huge money risk.  You do have a time and a time-cost risk.  Your time or the money you do have in this may be tied up in trying to get your money out or house sold.  A jerk could basically say that you get nothing, and make you traverse the court system for a couple years to get a few thousand back. And that isn't the worst case scenario.  Always know your worst case scenario.  Yours is this dude is in love with you.  When he figures out 2-3 years later after making you feel uncomfortable the entire time that you are not in love with him, he starts going nuts.  So he systematically destroys your house.  Your house worth plummets, you want out, you can't sell the house for price of loan, lenders foreclose or look to sue you, you pay \"\"double rent\"\" because you can't live with the guy, and you have to push a scooter to get to work. That is just the worst case scenario.  Would I do this if I were 25 and had no family?  Yea, why not if I trusted the other person and was friends with them?  If it were just a co-worker?  That is really iffy with me.    Edit: Author said he will not be living with the person.  So wording can be changed to say \"\"potentially\"\" in front of living with him in my examples.\""}
{"text": " DO NOT GIVE ME GODDAMN FUCKING SLOGANS. DO NOT GIVE ME TIRED ANALOGIES.  I asked for a plan, what do you do with a known disadvantaged minority.   As an aside, a shitload, in fact most of the people on fucking assistance do work asshole. I've been one of them. So, give me a solid start to a plan, you have a disadvantaged minority, already existing in poverty, sometimes with unemployment levels as high as 24% for the male population. How do you assist these people?  Edit: I in fact agree just handing people free shit won't work, but since the political options appear to be free shit or fuck off and die, I'll gladly vote for free shit for myself and my neighbors until somebody presents a decent plan."}
{"text": " Quick, move to the state where the ticket was bought.  Set up a resident and then claim the prize.  Then, move back home, if you want. IMO But both states will still try to make a claim for the tax money, if you give them a reason to try.   They have nothing else to do, but look for revenue."}
{"text": " I'd not do business under these terms. A bill of sale needs a signature, right? Your signature is your word, and your word is your bond. I wouldn't participate in such a fraud, nor would I accept this sum of cash, who knows its origins?"}
{"text": " Broaden your job search. It's a lot easier to find a horse than a white stallion, and android jobs, while not are rare as unicorns, are a tiny percentage of the job market."}
{"text": " For information about the UK situation, check the government website at  http://www.hmrc.gov.uk/incometax/tax-arrive-uk.htm It all depends on the time. If I read it right (but you should check yourself) you can stay almost six months at a time, but at most 3 months on average over 4 years. Above this limit, you should either avoid the situation, or get professional advice, because things will be complicated."}
{"text": " Thanks, I will try post more in the future.  I actually said you can make money if you know what your doing the refurbished products not counterfeit.   I don't deal in counterfeit goods at all. As an owner of several (extremely small) trademarks i think trademark infringement of goods is just not on and i wouldn't support it.  Thanks"}
{"text": " \"We spent a few months on Gail's \"\"jar system\"\".  It does a really good job of removing impulse buying. The other thing I've found works is to find a way to occupy your time with an inexpensive pastime.  In my case programming, building something out of materials I already have in the garage, reading, and even cleaning, etc., are all low cost ways of passing the time without spending a lot of money.  If you think about it, shopping is just a form of procrastination.\""}
{"text": " Yodlee will also work. I asked a similar question (and provided answers) here. Thrive, so far, is the best in my opinion. Their tech support is top notch and their UI is far superior to Yodlee's (which provides the backend for Mint)."}
{"text": " \"Amazon sellers have themselves to blame for this.  Every single time I've had an issue with shipping (2 weeks for a \"\"2-day delivery), getting the wrong item, getting a broken item, etc. it is from a seller that isn't amazon.  Additionally, their \"\"Prime\"\" items are often from third-party sellers that don't give a shit.  Amazon could do this, or reign in the third party sellers.  This seems easier.\""}
{"text": " Insiders (those who are aware of non-public material information, not necessarily employees) are the ones who actually cannot sell once they learned about whatever, by law. Martha Stewart went to jail for that. Any such deviation from the norm triggers abnormal response and avalanche of rumors, so by default investors assume something bad and try to minimize the loss. When dealing with a tiny company (market cap of less than 15M) with a tiny market volume (6.2M), the swings can be very significant. For such a small company, it is safe to assume that something happened that lead them to delay the conference call, and since they didn't tell what happen, investors assume the worst. It might end up as the CEO and CFO having bad stomach after celebrating 100% growth in revenue they were going to announce, but you'll have to wait and see...."}
{"text": " The Cayman Islands has an income tax enacted, it is just currently 0%.  It raises revenues from its tourism, import duties, and business registration.  It is part of the UK commonwealth and therefore enjoys the military protection of that federation, but doesn't have to spend on it. But unlike the US, the UK does not have an umbrella federal income tax on its overseas territories, so the Cayman Islands doesn't have to pass that down to its citizens nor do its citizens/residents have to be encumbered by one. It was not taxed by the King when it was first incorporated (hm, might need to fact check that). They also didn't go to war with the king over some small tax, so they got treated differently than some other North American colonies you might think of. The Cayman Islands is not the only government that raises revenues this way. Delaware also has a 0% income tax and raises the majority of its revenues on business registration (and perpetual franchise taxes on those businesses), allowing it to spare its citizens from passive income taxes. But unlike a US state, a citizen or business in a UK overseas territory does not have federal regulatory overhead, making it more attractive as a worldwide financial center."}
{"text": " The best way to end the gaming of patents is to simplify the system. Just go back to the old rule of patents being good for one year after issuance. There are other issues like what should or shouldn't be patented, but just having the rule of patents being good for one year makes other issues relative minor ones when it comes to the monopolistic effect of patents. The more complex we make the system just increases the permutations for abuse."}
{"text": " There is no such animal. If you are looking to give up FDIC protection, investing in a short-term, high quality bond fund or a tax-free bond fund with short durations is a good way to balance safety vs. return. Make sure you buy funds -- buying individual bonds isn't appropriate for folks without a high net worth. Another option is savings bonds, but the yields on these is awful today."}
{"text": " With the formula you are using you assume that the issued bond (bond A) is a perpetual. Given the provided information, you can't really do more than this, it's only an approximation.  The difference could be explained by the repayment of the principal (which is not the case with a perpetual). I guess the author has calculated the bond value with principal repayment.  You can get more insight in the calculation from the excel provided at this website: http://breakingdownfinance.com/finance-topics/bond-valuation/fixed-rate-bond-valuation/"}
{"text": " Every bank and credit union in the US has a Deposit Agreement and Disclosures document, Bank of America is no different. Our general policy is to make funds from your cash and check deposits   available to you no later  than the first business day after the day   of your deposit. However, in some cases we place a hold  on funds that   you deposit by check. A hold results in a delay in the availability of   these funds. that sounds great but ... For determining the availability of your deposits, every day is a   business day, except Saturdays,   Sundays, and federal holidays.   If   you make a deposit on a business day that we are open at one of our   financial centers before   2:00 p.m. local time, or at one of our ATMs   before 5:00 p.m. local time in the state where we  maintain your   account, we consider that day to be the day of your deposit. However,   if you make  a deposit after such times, or on a day when we are not   open or that is not a business day, we  consider that the deposit was   made on the next business day we are open. Some locations have    different cutoff times. so if you deposit a check on Friday afternoon, the funds are generally available on Tuesday. but not always... In some cases, we will not make all of the funds that you deposit by   check available to you by the  first business day after the day of   your deposit. Depending on the type of check that you deposit,  funds   may not be available until the second business day after the day of   your deposit. The first  $200 of your deposits, however, may be   available no later than the first business day after the day  of your   deposit.  If we are not going to make all of the funds from your   deposit available by the first business  day after the day of your   deposit, we generally notify you at the time you make your deposit. We   also tell you when the funds will be available. Ok what happens when the funds are available... In many cases, we make funds from your deposited checks available to   you sooner than we  are able to collect the checks. This means that,   from time to time, a deposited check may be  returned unpaid after we   made the funds available to you. Please keep in mind that even though    we make funds from a deposited check available to you and you withdraw   the funds, you are  still responsible for problems with the deposit.   If a check you deposited is returned to us unpaid  for any reason, you   will have to repay us and we may charge your account for the amount of   the  check, even if doing so overdraws your account. Fidelity has a similar document: Each check deposited is promptly credited to your account.  However,   the money may not be available until up to six business  days later,   and we may decline to honor any debit that is applied  against the   money before the deposited check has cleared. If a deposited check does not clear, the deposit will be removed  from   your account, and you are responsible for returning any  interest you   received on it. I would think that the longer holding period for Fidelity is due to the fact that they want to wait long enough to make sure that the number of times they have to undo investments due to the funds not clearing is nearly zero."}
{"text": " Post-86 After tax contributions to a 401k are after tax.   The earnings on that money is taxable, but not the contributions. This means: You'll have $15,000 in the 401k and $10,000 is considered after-tax and $5,000 is considered pre-tax. The after-tax portion can be converted to a Roth IRA without paying taxes or penalties. New in September 2014 The IRS has made substantial changes that now enable this to happen.   You can request a distribution from your 401k provider where they divide the money into pre-tax and after-tax funds.  In my example, you'd get a check for $10,000 that you could send to a Roth IRA and a check for $5,000 you could add to a traditional Roll-over IRA. Neither of those would be taxable events and you'd end with a Roth IRA with $10K and a Traditional, Rollover IRA with $5K in it. Notes:"}
{"text": " The good thing is that as luck would have it, the Jews don't control the military, because the Jews don't like an enemy that can fight back and like to kill unarmed civilians in Palestine.  So, it seems that while the Government and the economy have all fallen into the hands of Israeli agents, we can still look to our military to save us."}
{"text": " It's literally been a Fox News talking point since the march that 4chan started. You can pretend you aren't just parroting their talking points but pointing to some Wikipedia article in your head is beyond stupid.   I ignore people who clearly are uneducated and have no idea what they're talking about. Like you. Right now."}
{"text": " This is so fucking stupid. If Megabus had an issue with the joint venture, they should have filed their complaint back in 2008 when the board approved the creation of Boltbus. It's obvious that Megabus did not expect Boltbus to succeed in the first place; now that it has, it's throwing a bitch fit to shut down it's biggest competitor.   I'm never taking Megabus again. I'm going to tell everyone I know to neither support Megabus nor use their services. Even if they do manage to shut down Boltbus, I wouldn't take Megabus; I'd rather take a chinese bus or pay extra and take Amtrak.   tl;dr: Boycott Megabus."}
{"text": " All great questions, thank you. We are one of a several piano stores in south eastern MA, but many people will travel a fair distance to find the right piano. Our largest group of customers are middle to high income families. We've played our ad on the local abc family channel and on local pop radio stations. https://www.youtube.com/watch?v=oSr-LRiP1s0 ... The corniness was intended and did create a lot of response.    We offer a full value trade up policy for any past customers. Our record is a customer who purchased a piano from us 14 prior to trading up.   Thanks for your help, I'll work on finding more ways to further identify and reach our target market."}
{"text": " I think it looks like a mixed bag and I can't tell which way it's going to go.  I can't see company implants universally taking off.  As messy as the world is today, and I must say personally it's the most concerned I've been, there's a lot of good stuff going on too.  Cancer break throughs, life &amp; health extension, the growth of renewable energy are all pretty positive.  Things like AI are definitely a mixed bag but I'm looking forward to when a human doctor is working alongside AI to diagnose any issues I may have in the future.  On the other hand, skynet could happen and that would suck.  So I work hard to try and make things not so bleak."}
{"text": " blockchain.info has all the most recent stats.  264,360 bitcoins traded in the last 24 hours.  About [16.5 Million](http://moderninvestor.io/how-many-bitcoins-have-been-mined/) exist right now.    Here is how they make more bitcoins   &gt;12.5 [bitcoins per block](https://en.wikipedia.org/wiki/Bitcoin) (approximately every ten minutes) until mid 2020,[7] and then afterwards 6.25 bitcoins per block for 4 years until next halving. This halving continues until 2110\u201340, when 21 million bitcoins will have been issued.  None of that is really making the price going up.  There is not a shortage of bitcoins.  There are just more people wanting to buy bitcoin right now then there are people who want to sale.  So on the exchanges people keep offering to buy at a higher and higher price.  Competing with each other causing the price to go up.    It'll probably hit a peak and drop back down to 4k or so.  That seems to be the trend with bitcoin.  Climb real high, dip down to about halfway up that climb, level off, time goes by, peak again.  Repeat."}
{"text": " Yes, this is fine: You can save up to \u00a320,000 in one type of account or split the   allowance across some or all of the other types. You can only pay \u00a34,000 into your Lifetime ISA in a tax year ... Example   You could save \u00a311,000 in a cash ISA, \u00a32,000 in a stocks and shares ISA, \u00a33,000 in an innovative finance ISA and \u00a34,000 in a   Lifetime ISA in one tax year. https://www.gov.uk/individual-savings-accounts/how-isas-work You might want to consider whether it is wise to be fully invested in shares. If you're going to have to dip into them for things like holidays and a car, you're taking a risk that you might have to sell when the market is low. As a basic rate taxpayer, you have a \u00a31 000 personal savings allowance. You don't need to chase the tax break with a cash ISA, which often have poor rates. However, you should consider keeping some of your savings in cash, for example in a current account that pays decent interest on the balance."}
{"text": " You think that, but she's pretty much unemployable now.  That's the point of golden parachutes.  23 million is nothing to what she could have made if she was successful.  So she could have either been mega rich if she was successful, or have a decimated reputation if she failed.  It turned out to be the latter.  She's peaked and will never have a chance like that again."}
{"text": " There are lots of credit unions that are insured by the National Credit Union Administration (NCUA) through the National Credit Union Share Insurance Fund (NCUSIF) instead of the Federal Deposit Insurance Corporation (FDIC). Both cover individual accounts up to $250,000. If you are looking for non-trivial returns on your money, you should consider a brokerage account which is insured by the Securities Investor Protection Corporation (SPIC). In the case of SPIC insured accounts, what you are insured against is the failure of the broker (not against loss on your investments if you choose to invest poorly). SPIC insurance covers up to $500,000 in losses from an insolvent broker. You have already indicated your lack of interest in using other investments, but I am not aware of any non-insured accounts that offer higher interest than insured accounts. You have also indicated your lack of interest in investment advice, but it sounds like what you are looking for is offered by a stable value fund."}
{"text": " Sure you can say there are some successful ones from millions. But if you look at most of Reddit for example, they are weed smoking losers living at home and getting paid minimum wage, that is if they even have a job.    While you and your friends smoke once a month, many smoke daily and brag about it like it's a good thing. They all have the fake medical cannabis card and visit the shop weekly.   Daily weed smokers are not fit for the job and are at a higher risk because they are impaired. They also often or almost always lack motivation."}
{"text": " \"Not to mention. Since I posted my comment, I've suffered from self shutdowns of my PC (started with instant shutdowns). Only restoring multiple times from multiple restore points as seemed to have solved the problem for now. I'm telling you, we are under foreign attack, and India is part of it.  Also, when I'm not using my PC I shut it down and turn off the power strip access to it. Used to unplug it too.  Also in the past year, my refrigerator, dryer, main TV in living room, and most recently my washer (mechanical recurring) and PC have suffered electrical failures.  BEWARE those who claim to be advancing/helping you.  Anyway I believe someone is sending me a message about evil in our midst.  Pop culture should obviously indicate to you, if you know history as a matter of fact, not conjecture, that things are deteriorating quickly, and various nefarious factions are jockeying for position.  And they are not, never have been, from the side of \"\"good\"\", though they ALL claimed to be.  They punish/torment/destroy whom they deem (their whims) to be \"\"evil\"\". Though they are NEVER the arbiter of such things.  Horrible things are coming to the US. Past sins. Don't complain. Find redemption, salvation as you can. Survival (personal) is not paramount. GOOD (as  you see it) is. Just make sure you're not actually evil.  I'm clobbered here. Though I try to reveal truth. I try to debate, initiate discourse. I am shut down, for various nebulous reasons that my accusers use commonly.\""}
{"text": " Congratulations on seeing your situation clearly! That's half the battle. To prevent yourself from going back into debt, you should get rid of any credit cards you have and close the accounts. Just use your debit card. Your post indicates you're not the type to splurge and get stuff just because you want it, so saving for a larger purchase and paying cash for it is probably something you're willing to do. Contrary to popular belief, you can live just fine without a credit card and without a credit score. If you're never going back into debt, you don't need a credit score. Buying a house is possible without one, but is admittedly more work for you and for the underwriters because they can't just ask the FICO god to bless you -- they have to actually see your finances, and you have to actually have some. (I realize many folks will hate this advice, but I am actually living it, and life is pretty good.) If you're in school, look at how much you spend on food while on campus. $5-$10/day for lunch adds up to $100-$200 over a month (M-F, four weeks). Buy groceries and pack a lunch if you can. If your expenses cannot be reduced anymore, you're going to have to get a job. There is nothing wrong with slowing down your studies and working a job to get your income up above your expenses. It stinks being a poor student, but it stinks even more to be a poor student with a mountain of debt. You'll find that working a job doesn't slow you down all that much. Tons of students work their way through school and graduate in plenty of time to get a good job.  Good luck to you! You can do it."}
{"text": " I appreciate it. I didn't operate under selling the asset year five but other than that I followed this example. I appreciate the help. These assignments are just poorly laid out. Financial management also plays on different calculation interactions  so it is difficult for me to easily identify the intent at times. Thanks again."}
{"text": " \"I'd love to see how he thinks he can \"\"measure\"\" the financial world. You can only measure what you are allowed to see and Wall Street is only going to give you a certain percentage. The rest will throw your predictions way off, thus making this a fruitless endeavor. Welcome to the real world.\""}
{"text": " Sears is great for tools, but kind of useless for other stuff, and their cashiers are always giving you a sales pitch (Sears Card, etc.) and several miles of receipt paper. FOR THE LOVE OF GOD, I JUST WANT TO BUY A WRENCH! It kind of reminds me of Best Buy, who is actually even worse with this, but just happens to have more products that I'm interested in."}
{"text": " According to the link below, it does appear that you must take an RMD, or Required Minimum Distribution, from your IRA at age 70\u00bd, or face a 50% penalty of the RMD AMOUNT that has NOT been taken, which is going to be much less than 50% of your entire account balance.  Why specifically this happens would be opinion based on my interpretation of the reasoning behind those that enacted the law. I can tell you penalties like this are used to encourage behavior - you can't just leave your money in a tax-free account forever. The IRA is meant to help you build your savings for retirement, and at age 70\u00bd you should be ready for retirement.  This means you must begin withdrawing the money - but that doesn't mean you have to spend it.  In the link below, there are outlines on what you can do to satisfy the required minimum distribution. As it specifies, you can take one lump sum, or spread it out over multiple payments, and there's a calculator to identify what your RMD will be. http://www.schwab.com/public/schwab/investing/retirement_and_planning/understanding_iras/withdrawals_and_distributions/age_70_and_a_half_and_over As noted in the linked page, you DO NOT have to take an RMD on a Roth IRA. If this is important to you, you may want to consider Rolling Over your current IRA to a Roth."}
{"text": " lol information overload  how about we share some of our frequent reads?  i personally read Mike Shedlock's blog for global macro trends, albeit his content is leaning a bit to perma-bear  and mercenary traders for trading related contents. I absolutely love their articles on trading systems,mentality etc etc. It played a critical role in building my very own profitable trading system, and forging the trader mindset i have today. I would not have gone far without these guys."}
{"text": " &gt; When you learn to write English, write again and I will answer.  This personal attack on another poster is hilarious, considering that you tried to lecture me about not making personal attacks when I pointed out flaws in your English earlier.     lol"}
{"text": " \"Every legitimate claim I've filed regarding fraudulent charges on my card includes signing a legal document. If your \"\"friend\"\" completes such a document and you can verify that it is untrue, he's in deeper trouble than you. Unfortunately, if he's successful in filing a claim that is later proven to be fraudulent, it puts your account in a poor status until it's fully cleared. Even then, corporate inertia may result in longer duration inaccurate information.  Once you've cleared the fraudulent claim, you'll want to contact your credit agency to ensure they are provided with correct and proper documentation.\""}
{"text": " There is no federal inheritance tax.  The federal estate tax, currently, exempts the first 5.49 million (US citizen spouses even avoid this).  Current law also does a stepped up basis on inherited assets which were bought with after tax money.  Example: Dad bought a house years ago for 100k.  He dies and leaves it to JJ along with other assets worth $100k (well below the federal estate tax level).  JJ sells the house for $400k which was its market value on the day dad died.  He gets to keep the entire $400k. Note: Current government wants to eliminate the estate tax AND the stepped up basis.  In above case, JJ will now have $300k gains on the house sale and will pay income tax on that!  He will end up with much less that $400k."}
{"text": " I was business and then did a 5th year undergrad to be eligible to sit for the CPA exams. There is no way I, or anyone, could start working on an audit on day one. Even if I had done internships, they wouldn't mean anything with a change in career path."}
{"text": " \"Another way to look at budgeting: give yourself an explicit \"\"allowance\"\" -- possibly in a separate account -- and if something isn't a clear necessity it must be paid for out of your allowance, saving up first if necessary. You can get those concert tickets, but only if you cut down on expensive meals and toys and other entertainment for a while. You can have anything you want, but not everything and not immediately unless you learn to maintain an adequate balance in this account.\""}
{"text": " Are there any frameworks to deal with the following situation: assume you're invested in an asset which has gained 10x, there is a chance for the asset to gain another 10x (100x in total) and go to zero. The probabilities of the various outcomes are unknown."}
{"text": " MKC is non-voting stock, MKC/V is voting stock. Ofter times you'll see two or more stock symbols for a company.  These usually reflect different classes of stocks.  For example, voting vs. non-voting (as in this case) or preferred vs non-preferred stock."}
{"text": " If they know what his investments are in, then they could have said what the returns are estimated to be.  Otherwise, it's just more propaganda like most stories on Ron Paul: make him seem like a kook, or better yet a racist.  You're right, the guy knows nothing about finance or economics, what a nut: http://www.youtube.com/watch?v=INvKPYdTs3E&amp;feature=related"}
{"text": " Do your own research There are hundreds of places where people will give you all sorts of recommendations. There is as much noise in the recommendations as there is in the stock market itself. Become your own filter. You need to work on your own instinct. Pick a couple of sectors and a few stocks in each and study them. It is useful to know where the main indexes are going, but - unless you are trading the indexes - it is the individual sectors that you should focus on more."}
{"text": " I fucking hate airbnb because they make the rent in In NYC fucking expensive  even with a 100k a year salary.  It's a good thing that NYC  is sending a fine of $1000 to whoever lists their whole apartment for rent on airbnb."}
{"text": " \"Yes, it applies to control groups.  If I remember correctly common ownership rules are used to determine \"\"Applicable Large Employer\"\" status but if the time comes to owe a penalty, only the actual entity missing the mark will owe a penalty, not the entire control group. This is an excerpt from Section 4980H (the section that lays out employer requirements and penalties) (16) Employer. The term employer means the person that is the employer of an employee under the common-law standard. See \u00a7 31.3121(d)-1(c). For purposes of determining whether an employer is an applicable large employer, all persons treated as a single employer under section 414(b), (c), (m), or (o) are treated as a single employer. Thus, all employees of a controlled group of entities under section 414(b) or (c), an affiliated service group under section 414(m), or an entity in an arrangement described under section 414(o), are taken into account in determining whether the members of the controlled group or affiliated service group together are an applicable large employer. For purposes of determining applicable large employer status, the term employer also includes a predecessor employer (see paragraph (a)(36) of this section) and a successor employer. Link to the Federal Register\""}
{"text": " As has been pointed out, one isn't cheaper than the other. One may have a lower price per share than the other, but that's not the same thing. Let's pretend that the total market valuation of all the stocks within the index was $10,000,000. (Look, I said let's pretend.) You want to invest $1,000. For the time being, let's also pretend that your purchasing 0.01% of all the stock won't affect prices anywhere. One company splits the index into 10,000 parts worth $1,000 each. The other splits the same index into 10,000,000 parts worth $1 each. Both track the underlying index perfectly. If you invest $1,000 with the first company, you get one part; if you invest $1,000 with the second, you get 1,000 parts. Ignoring spreads, transaction fees and the like, immediately after the purchase, both are worth exactly $1,000 to you. Now, suppose the index goes up 2%. The first company's shares of the index (of which you would have exactly one) are now worth $1,020 each, and the second company's shares of the index (of which you would have exactly 1,000) are worth $1.02 each. In each case, you now have index shares valued at $1,020 for a 2% increase ($1,020 / $1,000 = 1.02 = 102% of your original investment). As you can see, there is no reason to look at the price per share unless you have to buy in terms of whole shares, which is common in the stock market but not necessarily common at all in mutual funds. Because in this case, both funds track the same underlying index, there is no real reason to purchase one rather than the other because you believe they will perform differently. In an ideal world, the two will perform exactly equally. The way to compare the price of mutual funds is to look at the expense ratio. The lower the expense ratio is, the cheaper the fund is, and the less of your money is being eroded every day in fees. Unless you have some very good reason to do differently, that is how you should compare the price of any investment vehicles that track the same underlying commodity (in this case, the S&P 500)."}
{"text": " I learned most of this stuff from 3 textbooks in school probably totaling $900 between the 3. I imagine you don't want to spend the cash on that. I would suggest finding a source online. A lot of the surface level stuff you are looking for can be found online on websites like Investopedia. They are a great resource and are free usually."}
{"text": " Do you mean commercial real estate lending or corporate lending?  Sadly private equity is really difficult to get into without an investment banking background.  You will be competing with people who have investment banking backgrounds and also MBAs from top 5 schools.  I have friends at HBS, Wharton, etc and they all told me how difficult it is even for them.  It's not even guaranteed at that level.  Obviously, nothing is impossible but a huge challenge."}
{"text": " You have to wait for three (business) days. That's the time it takes for the settlement to complete and for the money to get to your account. If you don't wait - brokers will still allow you to buy a new stock, but may limit your ability to sell it until the previous sale is settled. Here's a FAQ from Schwab on the issue."}
{"text": " Okay, using your example, you sat around and waited for the robber. You knew he was coming, matter of fact the robber told you the exact day he was going to come knocking on your door... April 15th. And he was going to take thousands from you... and yet you sat, did absolutely nothing, except bend over and give it to him. What does that make you?"}
{"text": " \"Charitable donations can be deducted from your income, and in that way make your taxable income lower, hence lower taxes. That's the meaning of \"\"tax deductible\"\". As to \"\"if I donate it then the money will be given right to the charity instead of spread out to many other places\"\" - taxes are being used by the government based on its own decisions (presumably made by elected officials thus representing the will of the voters). Charities use the money based on their defined goals. Giving money to a charity will ensure it is used for the specific goal the charity declared, and that's the way for you to funnel money to the goals of your preference/choice. For example, you can donate money to your temple, orphanage around the corner, or the gay rights organization. Or anti gay, for that matters. Your money will be spent on the goals of your choosing. Re advantages - charitable donations are used by the rich folks to avoid paying taxes on their income (because they're deductible), so someone might donate money to places they use themselves (like the temple/church for example, or the school where the kids go, or politician which will \"\"objectively\"\" choose someone's business for a big government contract, etc etc). For \"\"ordinary\"\" people it's a way to reduce the taxable income and divert the money to the specific goals of their choice. For example, donating $100 to Red Cross Japan Tsunami relief fund, will reduce your taxable income by $100, and total taxes by $28 (assuming you're in the 28% bracket), thus the $28 will go to the specific goal your choose instead of the general taxes.\""}
{"text": " During the hyperinflation of the Wiermer republic, corporate stocks and convertible bonds were thought second only to the species (gold, silver etc) as the only secure currencies.  As Milton Friedman proved, inflation is caused solely by the monetary token supply increasing faster than productivity.  In the past, days of species of currency, it was caused by governments debasing the currency e.g. streatching the same amount of silver in 50 coins to 100 coins. Sudden increases in the supply of precious metals can also trigger it. The various gold rushes in 19th century and later, improvements in extraction methods caused bouts of inflation. Most famously, the huge amounts of silver the Spanish extracted from the New World mines, devastated the European economy with high inflation. Governments use inflation as a form of stealth flat tax. Money functions as an Abstract Universal Trade Good and it obeys all the rules of supply and demand. If the supply of money goes up suddenly, then its value drops in relation to real goods and service. But that drop in value doesn't occur instantly, the increased quality of tokens has to percolate through the market before the value changes.  So, the first institution to spend the infalted/debased currency can get the full current value from trade. The second gets slightly less, the third even less and so on. In 2008, the Federal reserve began printing money and loaning at 0% to insolvent backs who then used that money to buy T-Bill. This had the duel effect of giving the banks an (arbitrary) A1 rated asset for their fractional reserve while the Federal government got full pre-inflation value of the money paid for the T-bills. As the government spent that money, the number of tokens increased fast than the economy.  In times of inflation, the value of money per unit drops as its supply increases and increases The best hedges against inflation are real assets e.g. land, equipment, stocks (ownership of real assets) and convertible bonds which are convertible to stock.  It's important to remember that money is, of itself, worthless. It's just a technology that abstracts and smilies trading which at the base, is still a barter system. During inflation the barter value of money plunges owing to increased supply. But the direct barter value between any two real assets remain the same because their supplies have not changed.  The value of stocks and convertible bonds is maintained by the economic activity of the company whose ownership they represent. Dividends, stock prices and bond equity, as measured in the inflated currency continue to rise in sync with inflation. Thus they preserve the original value of the money paid for them. Not sure why you expect more inflation. The only institution that can create inflation in the US is the Federal Reserve which Trump has no direct control off. Deregulation of banks won't cause inflation in and of itself as the private banks cannot alter the money supply. If banks fail, owing to deregulation, unlikely I think given the dismal nearly century long record of regulation to date, then the Federal Reserve might fix the problem with another inflation tax, but otherwise not."}
{"text": " There are several reasons why this may happen and I will update as I get more information from you. Volumes on that stock look low (supposing that they are either in a factor between 1s and 1000s) so it could well be that there was no volume on that day. If no trades occur then open, high and low are meaningless as they are statistics based on trades that occur that day and no trades occur. Remember that there has to be volume to get a price. The stock may have been frozen by either the exchange or the company for the day. This could be for various reasons including to prevent some illegal activity. In that case no trades were made because the market for that stock was closed. Another possibility is that all trades that day were cancelled by the exchange. The exchange may cancel all trades if there is unusual, potentially fraudulent or other illegal activity on the stock. In this case the last price for that day existed but was rolled back by the exchange and never occurred. This is a rare situation. Although I can't find any holidays on that date it is possible that this is how your data provider marks market holidays. It would be valid to ignore the data in that case as being from a non-market day. I cannot tell if this is possible without knowing exchange information. There is a possibility that some data providers don't receive data for a day or that it gets corrupted. It may be worth checking another source to ensure the integrity of the data that you are receiving. Whichever reason is true, the data provider has made the close equal to the previous day's close as no price movements occurred. Strictly the closing price is the price of the last trade made for that day and so should be null (and open, high and low should be null too and not 0 otherwise the price change on day is very large!). Therefore, to keep integrity, you have a few choices:"}
{"text": " \"I agree with the answer by @Michael that this number doesn't exist.  It's hard to see what use it would have and it would be difficult to track. I'm writing a separate answer because I also disagree with the premise of your question:  Individual shares of stock have never to my knowledge had such a number.  Your comment about numbers on stock certificates identifies the certificate document, which will generally represent multiple shares of stock.  That number no more identifies a single share of stock than the serial number on a $10 bill identifies any one of the ten dollars it represents.  Even at the \"\"collective\"\" unit of $10, when the bill is eventually replaced with a new one, the new bill has a new number.  No continuity.\""}
{"text": " A CD is guaranteed to pay its return on maturation.  So if you need a certain amount of money at a specific time in the future, the CD is a more reliable way of getting it.  The stock market might give you more money or less.  More is obviously OK.  Less is not if you're planning to pay basic expenses with it, e.g. food, rent, etc.   Most retirement portfolios will have a mix of investments.  Some securities (stocks and bonds), some guaranteed returns (CDs, treasuries), and some cash equivalents (money market, savings, and checking accounts).  Cash equivalents are good for short term expenses and an emergency fund.  Guaranteed returns are good for medium term expenses.  Securities are good for the long term.   Once retired, the general system is to maintain enough cash equivalents for the next few months of expenses and emergencies.  Then schedule CDs for the next few years so that you have a predictable amount.  Finally, keep the bulk of your wealth in securities.  As you get older, your potential emergencies increase and your need for savings decreases, so the mix shifts more and more to the cash equivalents and guaranteed returns and away from securities.   CDs have limited use prior to retirement (and the couple years right before retirement), mainly saving up for a large purchase like a house, car, or major appliance.  Even there if you have the option of delaying the purchase, that might allow you to use securities instead.  Perhaps some of your emergency fund in a short term CD that you keep rolling over.   Note that the problem isn't so much that securities will fall.  It's that they'll fall right when you need the money.  So rather than sell 1% of your securities to meet your needs, you have to sell 2%.  That's a dead weight loss of 1% that you have to deduct from your returns.  That roughly matches the drop from the height of 2007 to the trough of 2009 of the S&P 500.  And it was 2012 before it recovered.  If in 2007, you had put the 1% of your portfolio in a two-year CD, you'd be ahead even at zero interest in 2009."}
{"text": " I'm not saying your not a hard worker but you sound like a whiner that thinks they have all the answers. It sounds like your parents want you to just do your job. I disagree with your parents 'selling' you the business. I think you should start your own business before trying to run someone else's. Your workplace is a business not a training camp, i entirely agree that you should not be training customers or employees how to use excel or google sheets. maybe a friendly YouTube link, but that's it."}
{"text": " \"Its not a double major.  That is two separate degrees and they should be identified as such.  It is not called anything.  That is unless you are mistaken about the finance part being a \"\"master\"\". You are listed as undergrad student so I am slightly confused.\""}
{"text": " You should've been job searching/networking instead of studying for that dumbass CFA. If you find out you failed, you COMPLETELY wasted your time. If you pass, you now have a CFA L1 or whatever with no experience.  If you went to a well known school and can't find ANYTHING you clearly aren't trying hard enough. Make a LinkedIn and lurk the hell out of the alumni groups. Offer to intern for free. You need SOMETHING to cover the white space on your resume"}
{"text": " If you are too overwhelmed by all the work, don\u2019t worry, you can always call a close friend or family to save you from the situation and get you some help. And if you don\u2019t want that, then there are cleaning services that can help by lending you a hand."}
{"text": " \"How is this anticompetitive? You're welcome to buy goods from someone other than Amazon, Amazon isnt colluding with other vendors to do the same, or sell at the same price...   If Amazon decided tomorrow \"\"I dont want to carry this Disney shit\"\" I dont see how thats anti-competitive. Amazon has a strong negotiating position however.\""}
{"text": " Wir sind seit \u00fcber 30 Jahren im Kundendienst f\u00fcr K\u00e4lte- und Klimatechnik t\u00e4tig und k\u00f6nnen auf eine Vielzahl erfolgreicher Projekte in der Zusammenarbeit mit unseren Partnern zur\u00fcckblicken.  Um unser Angebot zu erweitern haben wir einen Onlineshop f\u00fcr K\u00e4ltetechnik, Gastrotechnik und Schanktechnik ins Leben gerufen.  Service ist f\u00fcr uns kein Fremdwort - probieren Sie es aus !"}
{"text": " It's a matter of opinion. As a general rule, my advice is to take charge of your own investments. Sending money to someone else to have them invest it, though it is a common practice, seems unwise to me. This particular fund seems especially risky to me, because there is no known portfolio. Normally, real estate investment trusts (REITs) have a specific portfolio of known properties, or at least a property strategy that you know going in. Simply handing money over to someone else with no known properties, or specific strategy is buying a pig in a poke."}
{"text": " TIL, thanks for the pricing ballpark.  Yeah, auto-freeze would piss of their customers, but the alternative is entire cohorts of consumers *learning* to ramp down credit utilization *and teaching their children* because the consumer credit industry can't get its data management act together and the PITA factor rises so high consumers start to get taught by the breaches and their expenses and time to repair it on their end is not worth the credit: that's a secular long term trend that would piss off shareholders."}
{"text": " I would just do a loan for a different number of years on your new mortgage. For example, if you just spent 10 years paying off your first house, then for your second, close the first mortgage upon selling, and then open a 20 or 25 year mortgage and the loan end date as well as the payment should remain similar. This would be more do-able if you paid ahead a little to compensate all the early on interest you have to eat. So if you want to finish around the same time, you could look into doing that since you'll have more equity to make a stronger down payment."}
{"text": " You can use google docs to create a spreadsheet. In field A2, I put Google will load the prices into the sheet. At that point, I add the following into C12, then copy that line all the way down to the botton of column C. You can find my spreadsheet here. It calculates the moving 10 day standard deviation as a percentage of average price for that time period."}
{"text": " 75k is short of the 'highly compensated' category.  Most US citizens in that pay range would consider paying someone to do their taxes as an unnecessary expense.  Tax shelters usually don't come into play for this level of income.  However, there are certain things which provide deductions. Some things that make it better to pay someone:   Use the free online tax forms to sandbox your returns.  If all you're concerned about is ensuring you pay your taxes correctly, this is the most cost efficient route. If you want to minimize your tax burden, consult with a CPA.  Be sure to get one who is familiar with resident aliens from your country and the relevant tax treaties. The estimate you're looking at may be the withholding, of which you may be eligible for a refund for some part of that withholding.   Tax treaties likely make sure that you get credit on each side for the money paid in the other.  For example, as a US citizen, if I go to Europe and work and pay taxes there, I can deduct the taxes paid in Europe from my tax burden in the US.  If I've already paid more to the EU than I would have paid on the same amount earned in the US, then my tax burden in the US is zero.  By the same token, if I have not paid up to my US burden, then I owe the balance to the US.  But this is way better than paying taxes to your home country and to the host country where you earned the money."}
{"text": " Small price for the government to pay when you are competing to attack a company that will create tens of thousands of jobs and billion in economic activity.  Are you suggesting we let them go to Michigan or Alabama or Texas. If they did go, not only would we miss out on those tens of thousands of jobs and billions in investments but we wouldn't realize any of that sales tax revenue anyways!"}
{"text": " \"From April 2017 the plan is that there is now also going to be a \"\"Lifetime ISA\"\" (in addition to the Help to Buy ISA). Assuming those plans do not change, they government will give 25% after each year until you are 50, and the maximum you can put in per year will be \u00a34000. Catches:  You can only take the money out for certain \"\"life events\"\", currently: Buying a house below \u00a3450000 anywhere in the country (not just London).  Passing 60 years of age. If you take it out before or for another reason, you lose the government bonus plus 5%, ie. it currently looks like you will be left with 95% of the total of the money you paid in. You cannot use the bonus payments from this one together with bonus payments from a Help to Buy ISA to buy a home. However you can transfer an existing Help to Buy ISA into this one come 2017. While you are not asking about pensions, it is worth mentioning for other readers that while 25% interest per year sounds great, if you use it for pension purposes, consider that this is after tax, so if you pay mostly 20% tax on your income the difference is not that big (and if your employer matches your contributions up to a point, then it may not be worth it). If you pay a significant amount of tax at 40% or higher, then it may not make sense for pension purposes. Tax bands and the \"\"rates\"\" on this ISA may change, of course. On the other hand, if you intend to use the money for a house/flat purchase in 2 or more years' time, then it would seem like a good option. For you specifically: This \"\"only\"\" covers \u00a34000 per year, ie. not the full amount you talked about, but it is likely a good idea for you to spread things out anyway. That way, if one thing turns out to be not as good as other alternatives it has less impact - it is less likely that all your schemes will turn out to be bad luck. Within the M25 the \u00a3450000 limit may restrict you to a small house or flat in 5-10 years time. Again, prices may stall as they seem barely sustainable now. But it is hard to predict (measures like this may help push them upwards :) ).  On the plus side, you could then still use the money for pension although I have a hard time seeing governments not adjusting this sort of account between now and your 60th birthday. Like pension funds, there is an element of luck/gambling involved and I think a good strategy is to spread things if you can.\""}
{"text": " Secret Service agents are paid according to their worth. It's a difficult job to get, and a difficult job to do. They're basically in charge of protecting a large group of VIP's who are *constantly* under threat of attack. It's not unreasonable that they be paid overtime for working 12+ hour shifts all the time."}
{"text": " Part of this is the flipper economy that grew out of the last housing downturn. People try to buy a house they can afford that needs some work, but flippers come swooping in, buy it in cash, do some slipshod renovations, and suddenly the house becomes out of reach for a lot of people. Builders are just as bad. Instead of making sensibly sized affordable houses, they all build 20 room McMansions.  Upper-middle class people are buying a lot of these houses, and are putting themselves in deep financial straits doing so. They are mortgaged up to the eyeballs where all it takes is a medical issue, a  job loss, or some other hiccup in their finances to cause it all to come tumbling down.  If you have money (not just a good paycheck, actual free cash on hand) all of the above works for you. But even if you have a good paycheck, if you do not have significant cash reserves you really don't have any hope of competing in this market."}
{"text": " Many developing countries have restrictions on foreigners buying land.  For example, Thailand.  If you ever move there, you will never be able to own any land.  Period.  But countries like India go even further.  If you want to buy some land in J&amp;K province, you can't even if you are Indian.  What if you marry a woman from J&amp;K?  Nope... then you are both screwed and both of you can't buy land in J&amp;K.  Similar restrictions are in place for other provinces (HP, AP, etc)  Imagine living in New Jersey and never being able to buy land in Pennsylvania... that's India.    Building and hoping no one notices worked 15 years ago, but not anymore. (unless you're rich and connected, of course.)"}
{"text": " Your broker should make you whole by adjusting the quantity of the underlying (see: http://www.schaeffersresearch.com/education/options-basics/key-option-concepts/dividends-stock-splits-and-other-option-contract-adjustments) but I would check with them that this will happen. You will then have an option on 4 times the underlying for each option. Unless the price has risen in the interim or you bought them after the split was announced you should not make a loss."}
{"text": " In the theory: *Somewhere between the most you think you can get, and the minimum you think you deserve * In your case: If they want you to actually invest, they aren't purely interested in your technical expertise. which means that you need to actually believe in the idea and be involved in the decision making process. That really depends on what technology entrepreneurship exactly you are talking about."}
{"text": " Yeah, the federal gas tax has been 18.4 cents per gallon since I think 1920's and states add another 20 to 55 cents per gallon, but it is nowhere near enough to cover costs.  And I grew up in Illinois, nothing has changed much (I don't remember when we didn't have a former governor in jail)."}
{"text": " The line you are referring to says 5 U.S. taxpayer identification number (SSN or ITIN), if required (see   instructions) It does not appear to be required in your case."}
{"text": " Brokers will have transaction fees in addition to the find management fees, but they should be very transparent. Brokering is a very competitive business.  Any broker that added hidden fees to their transactions would lose customers very quickly to other brokers than can offer the same services. Hedge funds are a very different animal, with less regulation, less transparency,  and less competition. Their fees are tolerated because the leveraged returns are usually much higher. When times are bad, though,  those fees might drive investors elsewhere."}
{"text": " \"That is technically the \"\"rule of law\"\" but goes against the spirit of the \"\"rule of law\"\", which is the principle that people's rights should be protected by the law regardless of the demands of the many.   &gt;And really, who do you consider to be the \"\"mighty\"\" on this issue?   The mighty is those who use the force of government or the threat of violence (e.g. violent strikes) to prevent another party from exercising their contract liberty and firing them.\""}
{"text": " But were they bad mortgages? At the time, real estate prices were going up. The thinking was if someone defaulted, they could just foreclose on the property and recoup their money. Is that deceptive? They bundled poorer mortgages with better rated mortgages to eliminate risk. The risk was all the debtors defaulting in a short period - which happened.  Again, no financial model forecasted the worst recession since the Great Depression. Not the top financial firms, not the Federal Reserve, not the Treasury. They were all wrong."}
{"text": " Its pretty simple why BMW and other German companies have thrived and its that they've delivered cars that consumers want.  GM failed at this and Ford is at least producing high quality cars, but not necessarily conveying the kind of brand value that the Germans have been so successful at.  Keeping a cap on costs is just one element of business.  Augmenting revenues is another.  If you're exceptional at selling the product and have great brand value (Apple, Coca-Cola, BMW) you don't have to pay attention to the costs as much."}
{"text": " \"I have personally known a family in the hills of Southern Oregon, US who lived off the electricity grid. As far as being \"\"possible\"\" yes, but easy is a certain no.  This family was very dedicated to the point of living without grid electricity.  A special built home of native field stones, careful alignment with the sun, location within the valley.  I would assume that making a normal home be off the electric grid is much more difficult.  Not impossible, but pretty darn hard.\""}
{"text": " &gt;\u201cThat is the weather,\u201d he said of changes in the markets. \u201cIt goes up and down, this and that, and that\u2019s 80% of what you guys focus on.\u201d  &gt;Dimon said financial journalists would be better off concentrating on the \u201cbad policies\u201d that are hurting average Americans.  He's right, it is embarassing, however he's mistaken about what would be best for financial journalists. They aren't really interested in what's best for America. Their jobs demand that they publish content, and they believe that the easiest and best way to publish lots of content in a consistent manner is to focus on short sighted topics.   Anywhere you see people trying to feed the 24 hour media cycle you see this problem emerge. It's difficult to blame them, they gotta feed their families afterall.  We don't need this 24/7 flood of news. If every media outlet published on a weekly basis or less, they could focus on more important stories and they could take more time to investigate them. Their audience could focus on their own lives and bettering themselves. It would be a win:win. But that's not what we have.  Because Americans are fools?  Does anyone remember what sort of role JP Morgan had during the housing collapse however? Was this guy their CEO back then? I'm not forgiving any of them for that faux pas, and neither should anyone else. It's difficult to take seriously criticism coming from the most crooked industry in the world. At the end of the day money doesn't really matter. What matters is that people's needs are met, both needs for survival and recreation. In their greedy thirst for the second, the employees at all the major banks destroyed the lives of many people who were simply struggling to meet the first. Not cool."}
{"text": " Reddit don't hate with any of business but reddit hate if some using reddit as a platform to make advertise &amp; promotion active for own business. Reddit is the platform where people coming to make genuine discussion, don't be prefers to just create backlinks for the website. Accounting to the nature of business select subreddit - /r/business ,  /r/Entrepreneur , /r/investing etc."}
{"text": " Most of the time when a stock splits to create more shares, it is done to bring the price per share down to a level that makes potential investors more comfortable. There are psychological reasons why some companies keep the price in the $30 to $60 range. Others like to have the price keep rising into the hundreds or thousands a share.  The split doesn't help current investors, with the possible exception that the news spurs interest in the stock which leads to a short term rise in prices; but it also doesn't hurt current investors. When a reverse stock split is done, the purpose is for one of several reasons:"}
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{"text": " You sound like a whiny socialist idiot. Wahhh, that guy has more money and buys things I can't afford. Then hangs out with people who can afford them too. They are the reason for global warming. I need the government to make everyone be equal. Cheese and rice, move to Venezuela you idiot."}
{"text": " &gt; It will have minimal effects on buy &amp; hold traders since they typically research for a long time, then buy &amp; hold stock for many months.  This is the part I never understand. If a short term tax doesn't affect buy &amp; hold traders, when why would HFT affect buy &amp; hold traders?"}
{"text": " Actually it is because of trade tariffs/import tax which the US charges on automobiles. The big auto manufacturers in the US have lobbied extensively to help increase the cost of vehicles manufactured overseas and imported into the US. So as a work around, international auto manufacturers set up plants within the US so as to avoid paying some of the import tariffs."}
{"text": " \"This is a funny article.  This kid is riding around talking to people who don't want to sell.  If they wanted to sell, they'd call a realtor.  Sounds like he can't afford what's already on the market. 23-year-olds typically don't own.  This is the flip side of the \"\"wealth effect.\"\"  The middle class housing has appreciated so much, millennials can't afford to buy them.  I think there's quite an overhang, and prices should fall as the boomers need to sell, and millennials have more resources.\""}
{"text": " The JPM note is more market related content anyway. The WF product is really solid. I get a ton of paid for macro research that's on par with the WF stuff. I like it because the WF work covers pretty much everything.  The other thing I would suggest is getting on the distribution list for ISM. Its easy, just send them an email. The contact info is on the bottom of their releases. There's probably a few more distribution lists you can get on. It is good to build up a good macro stream to your personal email address."}
{"text": " Also hilarious will be the exacerbation of wealth inequality and social strife due to the idea that high marginal tax rates are detrimental to overall prosperity. Because, you know, jobs only come from the super rich due to their outsized intelligence and virtue. Leadership and money are one.  I love this country for how easy it is to manipulate people! Boundless opportunities to take your money, created every minute."}
{"text": " \"If he didn't lie, I don't see the issue. He did not force anyone to buy anything. His opinion was stock X is good, he publicized it and it turned out to be true (at least temporary) - what's wrong with it?  It is customary for people who have either fiduciary duty towards the clients or are perceived as independent analysts to disclose their interest and potential conflict of interest, lest they lose the respect of the public as independent and trustworthy sources of financial information. Jackson never had that, express or implied, and never had the duty to provide anybody with impartial financial analysis, so he can say anything he wants. He can invest into the company and promote it and make money from it - isn't it what was called \"\"business\"\" once? Why is it even being questioned?\""}
{"text": " This is the path Africans Americans had traveled in the US *in the land* where all men are created equal. If you are a white American was your ancestors journey in America just as arduous?    https://www.theatlantic.com/magazine/archive/2014/06/the-case-for-reparations/361631/ * Two hundred fifty years of slavery.  * Ninety years of Jim Crow.  * Sixty years of separate but equal.  * Thirty-five years of racist housing policy."}
{"text": " \"I've hired a lawyer to make sure all the T's are crossed.   - I am not charging my employer for the service. I created a \"\"Free tier\"\" that fits the scale of my employer, and implemented it that way for them. Larger government bodies are paying for the higher tiers. On multiple levels, i've been sure that nothing conflicts with either our purchasing policy, or any written employee policies.    - I did 100% of the work on my own time and using my own resources. I was extremely careful to ensure this was the case. There is no clause anywhere in my employment agreement that says the company owns anything I do outside of company time. Believe it or not, this is actually less of an issue for a government body because the government doesn't exist to make a profit from services, and because they are getting an expensive service for free, it's actually a significant net benefit for them.  I certainly would be at a significantly higher risk if I was working for a for-profit corporation as they certainly would try to go after me.    - I was also careful in how the software was presented. While I agree there is a level of a obfuscation without a doubt, I've confirmed it certainly not a legal issue for the company, nor is it grounds for a lawsuit, and likely not even grounds for termination (although at this point, I don't really care as I have bigger fish to fry)\""}
{"text": " Background: Graduated Highschool last June and am currently working a construction job making $19.50/hr working 45-50 hr weeks. I'm working the full year to save up money for university. Currently paying off $10000 loan for my car.  Question: So I roughly need $40000 for school and figure I'll still be short of that amount saved even if i work the full year. Do you guys think it's smart for me to take a 2nd gap year and make another $35000-$40000 that would not only finish paying off my school but would also sit in a blue chip stock account making me some income while attending school. Should I take the 2nd gap year or enroll in university next September? Thanks!"}
{"text": " Trends in the upstream and the downstream areas of monoclonal antibody production are encouraging, and should provide help in holding down the costs of these very expensive biological molecules. As indicated in this report, the large expansion in the use of disposables in upstream and downstream unit operations of the production chain is underway."}
{"text": " I agree, and admit that I probably assumed a bit too much context.  &gt;hate group exists for a specific hateful purpose, whereas a country does not  I agree, but PayPal *is* into taking highly-publicized regional action based on social and political issues. For example, consider the transgender bathroom rights issue taking place in North Carolina last year. Not even close to every resident of the State supported it, yet PayPal made State-level decisions based on it\u2014such as their choice  to pull out of plans for a new global headquarters in Charlotte, NC. See here:  http://money.cnn.com/2016/04/05/technology/paypal-north-carolina-lgbt/index.html  If all residents in Saudia Arabia don't believe in discrimination, and therefore PayPal doesn't exclude business with the country as a whole :: Then all residents of NC not agreeing with another form of discrimination shouldn't exclude business from NC as a whole\u2014yet it did.  The difference? PayPal isn't going to lose a recurring amount of money by moving their operations to a different State, especially when they haven't really laid down too much sunk cost. Cessation of payment processing, on the other hand, would have had an impact on their bottom line.   They like to flex their Political and Social Opinion, but seem to be very cost-effective in how they choose to do so. I respect them for taking initiative to use their influence to impact the world in a way they see most-fit, but I also believe that many people over-applaud or over-blame them. PayPal isn't risking business for causes in the same way that a soldier might risk their life for a cause\u2014they're only risking their reputation like a Politician might in openly supporting or opposing a war."}
{"text": " And the kind folk at Yahoo Finance came to the same conclusion.  Keep in mind, book value for a company is like looking at my book value, all assets and liabilities, which is certainly important, but it ignores my earnings.  BAC (Bank of America) has a book value of $20, but trades at $8. Some High Tech companies have negative book values, but are turning an ongoing profit, and trade for real money."}
{"text": " - it devistates you're credit record (good luck getting even a car loan)  - rents are artificially high due to the foreclosure backlog and those who haven't let go yet, so there might not be any relief by defaulting  - they will be prohibited from buying another house for at least 7 years  - it is very possible that they will be pursued by the banks in court for years to come and may end up having tax refunds and pay checks garnished for decades to come (again impacting their ability to obtain loans or get credit), effectively turning them into renters for the remainder of their working life."}
{"text": " \"Financial statements provide a large amount of specialized, complex, information about the company. If you know how to process the statements, and can place the info they provide in context with other significant information you have about the market, then you will likely be able to make better decisions about the company. If you don't know how to process them, you're much more likely to obtain incomplete or misleading information, and end up making worse decisions than you would have before you started reading. You might, for example, figure out that the company is gaining significant debt, but might be missing significant information about new regulations which caused a one time larger than normal tax payment for all companies in the industry you're investing in, matching the debt increase. Or you might see a large litigation related spending, without knowing that it's lower than usual for the industry. It's a chicken-and-egg problem - if you know how to process them, and how to use the information, then you already have the answer to your question. I'd say, the more important question to ask is: \"\"Do I have the time and resources necessary to learn enough about how businesses run, and about the market I'm investing in, so that financial statements become useful to me?\"\" If you do have the time, and resources, do it, it's worth the trouble. I'd advise in starting at the industry/business end of things, though, and only switching to obtaining information from the financial statements once you already have a good idea what you'll be using it for.\""}
{"text": " \"As Dilip said, if you want actual concrete, based in tax law, answers, please add the country (and if applicable, state) where you pay income tax. Also, knowing what tax bracket you're in would help as well, although I certainly understand if you're not comfortable sharing that. So, assuming the US... If you're in the 10% or 15% tax bracket, then you're already not paying any federal tax on the $3k long term gain, so purposely taking losses is pointless, and given that there's probably a cost to taking the loss (commission, SEC fee), you'd be losing money by doing so. Also, you won't be able to buy back the loser for 31 days without having the loss postponed due to the wash sale that would result. State tax is another matter, but (going by the table in this article), even using the highest low end tax rate (Tennessee at 6%), the $50 loss would only save you $3, which is probably less than the commission to sell the loser, so again you'd be losing money. And if you're in a state with no state income tax, then the loss wouldn't save you anything on taxes at the state level, but of course you'll still be paying to be able to take the loss. On the high end, you'd be saving 20% federal tax and 13.3% state tax (using the highest high end tax state, California, and ignoring (because I don't know :-) ) whether they tax long-term capital gains at the same rate as regular income or not), you'd be saving $50 * (20% + 13.3%) = $50 * 33.3% = $16.65. So for taxes, you're looking at saving between nothing and $16.65. And then you have to subtract from that the cost to achieve the loss, so even on the high end (which means (assuming a single filer)) you're making >$1 million), you're only saving about $10, and you're probably actually losing money. So I personally don't think taking a $50 loss to try to decrease taxes makes sense. However, if you really meant $500 or $5000, then it might (although if you're in the 10-15% brackets in a no income tax state, even then it wouldn't). So the answer to your final question is, \"\"It depends.\"\" The only way to say for sure is, based on the country and state you're in, calculate what it will save you (if anything). As a general rule, you want to avoid letting the tax tail wag the dog. That is, your financial goal should be to end up with the most money, not to pay the least taxes. So while looking at the tax consequences of a transaction is a good idea, don't look at just the tax consequences, look at the consequences for your overall net worth.\""}
{"text": " &gt;Of course there will be a net loss in jobs.  If you draw your box around the fast food industry only, then yes.  However, if you draw your box around the entire US economy, it's not so clear cut.  We have absolutely no idea what jobs will come in the future.  Every single time an industry has been wiped out, from polar ice delivery to horse carriage manufacturing, new industries have risen to take their place."}
{"text": " These services are immensely popular in big cities where grocery shopping time is scarce and a lot of younger people are foregoing car ownership. The price is a little high (base package is $60/week for 3 meals for 2 people) but provides good value if you're willing to cook the food.  I think their biggest hurdle though is retention. These services are fun for the first few months until they start to feel like a chore. And if you don't end up cooking the food you throw out a ton compared getting takeout on your way home from work."}
{"text": " \"I feel like you could talk this one down diplomatically, but only if you find a way to not be dismissive of the female employee. This will be difficult since your tone makes it sound like you don't seem to believe women when they tell you it's not always fair to be female in the tech industry.   For instance, most women would never want to be hired for a quota or because they are attractive . That belief also undercuts women when they do get hired because they are good at their jobs. The pay gap is complicated and in part do to care giver responsibilities but that doesn't make anyone feel less salty.   Anyways I suspect that if you told this female employee, \"\"X had their opinion but we as a company hear your point of view in this.\"\" And affirm her experience, the issue will be withdrawn. She is afraid she is in a chauvinist culture and lashing out.   I do agree that calling a disagreement sexual harassment trivializes the issue, and this personally irritates me. But you're going to get a lot of salty women if the culture of your company is to tell them you don't believe their experiences. As for firing, don't even think about it. It only ends in shelling out a lot of money to her or lawyers.\""}
{"text": " Perhaps, however, I'd have liked to have had more time to hear the guest with the yellow bowtie speak more than he was allotted. His final comment, that present low interest rates are going to cause as much mischief now as they have provided stimulus since their implementation was interesting and it would have been interesting to hear his reasoning around that."}
{"text": " The article briefly mentioned Martin Shkreli and Daraprim, which is an excellent extreme example of the underlying flaws in the American medical market. Hide the true costs of various necessary medications behind multiple walls of insurance pools and government subsidy and pretty soon the sky's the limit for these companies: https://rebelnews.com/willparke/the-drama-of-daraprim-and-the-for-profit-medicine-industry/"}
{"text": " If I were donating money to a charity, i.e. an organization set up to help others, I would simply send them the money and ask that my name not be used in publicity. That would mean that the person(s) actually benefiting from my donation didn't know who I was. The charity would know, but they don't themselves benefit."}
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{"text": " \"If this money is intended to be used for retirement and depending on how old \"\"older\"\" is, it sounds a little risky to be putting too much money in a stock based mutual fund.  While the CDs may seem like crappy investments right now, it is important to down-shift risk as you get closer to retirement because this person won't have as much time to recover if the markets take another big dip.\""}
{"text": " The term self-directed generally refers to RRSP accounts where the account holder has not only the ability to determine a basic investment asset mix (such as can be accomplished even with a limited selection of mutual funds) but, more specifically, the self-directed account holder has a much wider choice of financial instruments beyond mutual funds, GICs, and/or cash savings. A self-directed RRSP generally permits the account holder to also invest or trade directly in financial instruments such as: Those kinds of instruments are not typically available in a non-self-directed mutual fund or bank RRSP.  Typical mutual fund or bank RRSPs offer you only their choice of products  \u2013 often with higher fees attached. Related resources:"}
{"text": " The difference is the time when they are released and how much revenue they have recouped at that point.  The Shaw Cable PPV movie is likely to be even newer than the itunes HD movies which cost $4.99 or $5.99."}
{"text": " \"For US stocks it's a bit of a gamble. Many actively managed funds underperform the market indexes, but some of them outperform in many years. With an index you will get average results. With an active manager you \"\"might\"\" do better than average. So you can view active management as a higher risk, potentially higher reward investment approach. On the other hand, if you want to diversify some of your investments into international stocks, bonds, junk bonds, and real estate (REITs) active management is highly likely to be better than indexing. For these specialized areas specialized knowledge and research is needed.\""}
{"text": " \"&gt; Well they've \"\"created\"\" what $5trillion in the last few years  I agree with you technically, but they control both the quantity and the quantity times velocity of money so they are also responsible for the lack of cashflow.   The big thing I think you're referring to is that they did this weird maneuver where they temporarily injected money into the banks, basically so they could say they were solvent without actually being solvent. Because the injections were temporary, the money never moved and was simply deposited at the fed. If, like Adam Smith, you don't consider money to really exist unless it moves, they did not create effective money, as you point out. Critically, they did not create cashflow, which is the appropriate macro definition of money. The corresponding macro variable for this is NGDP.  But actually the fed also controls NGDP, as Ben Bernanke says every time the FOMC makes its report. They just choose not to increase it, because they think that \"\"monetary policy is sufficiently accommodative.\"\" I would agree with you that the present level of cashflow is inadequate, but if the Fed fixes it at the present level, nothing will increase it. This is called the Sumner critique (Sumner was raising the issue to argue, contra Keynes, that the multiplier on fiscal policy is 0), if you google it you can probably find someone to defend it better than me. In any event, this means it's not very surprising that private spending and investment doesn't lift NGDP: nothing but the fed can lift NGDP. Because it cannot create new cashflow on its own (which it could under free banking, this would be the advantage of free banking), the market must now move to a new equilibrium NGDP level while it is saddled with a large number of contracts from before 2008 that were negotiated with respect to a higher expected NGDP level. This deleveraging process is responsible for the present slump and the disinvestment you describe.\""}
{"text": " It's not uncommon to have a small penalty if you pre-pay the mortgage in a short time.  After all, making the loan isn't free for the bank. But as Nathan says, if a bank is planning to try very hard to stop you from giving them money, there is probably a reason. Try to convince your wife: there is nothing inherently wrong with debt.  Like anything, too much can be bad for you, but when debt is deployed wisely -- that is almost always, when it is used to finance a capital asset (an asset that produces value) -- it can be a very good thing."}
{"text": " I would think a depressed housing market might be the BEST time to buy, is this not correct? There are foreclosures where banks are letting houses go for half of their standard value, and are offering some of the lowest interest rates ever. In a strong economy you could be looking at around 10% APR, I see this as a situation where it's a buy low sort of time."}
{"text": " \"In absence of complete information, I can only speculate that your phrases We both endorsed the cheque,  and especially since the name on the cheque doesn't seem to be the name of the person I spoke with. mean that the check was payable to Jane Doe but was endorsed by  someone you know as Wade Roe using language such as \"\"Pay to the  order of user6344\"\" and then you endorsed it as something like  \"\"For deposit only to Acct# 1234567890\"\" and gave it to the bank teller with a deposit slip for Acct# 1234567890. Presumably Wade Roe did not accompany you to the bank and the bank teller did not notice that the check was not endorsed to you by Jane Doe, or she did go with you to the bank but the teller did not check her ID when she endorsed the check.  In any case, you, as a customer of the bank, are definitely on the hook in the sense that you in effect guaranteed the validity of Wade Roe's endorsement of the check payable to Jane Doe. You presented the check to the bank as a legitimate check that you were legitimately entitled to deposit in your account.  In effect, if fraud was committed, you committed the fraud by depositing a bum check.  As all the other answers have said, you need to go down to the bank and talk to a bank officer, preferably the manager, right  away.  Don't go to a teller (even though in many banks, the tellers have job titles like assistant vice-president.\""}
{"text": " Property in general tends to go up in value.  That's one advantage you won't get if you rent."}
{"text": " One thing we always have to consider when talking about raising the minimum wage is that job loss will happen. Remember that these businesses have been built on paying their employees less. That means money goes towards other things that help the company. When you are forced to increase wages, you have a choice, reorganize your business to free up cash or decrease your labor."}
{"text": " One of the main criticisms made by product companies (especially publishers) of Amazon.com is that it violates the price floors on various products. When Amazon routinely sells products at a heavily discounted price, the product companies feel that the product gets devalued. Amazon has often been accused of anticompetitive behavior, because other retailers cannot compete with their discounts.  It's interesting that this article makes the exact opposite claim --- that the product companies are the ones who are anticompetitive."}
{"text": " Here is a list of threads in other subreddits about the same content:   * [Buffalo Area Warily Eyes The Renegotiation Of NAFTA - NPR](https://www.reddit.com/r/Buffalo/comments/79h531/buffalo_area_warily_eyes_the_renegotiation_of/) on /r/Buffalo with 0 karma (created at 2017-10-29 23:40:36 by /u/Eudaimonics)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"text": " There are no flat fees but typically banks and money exchangers will use a the current market rate, up to the minute for some powerful exchangers.  They then add a little on top depending on many variables.  Those variables can be related to the quantity of currency that organization holds, the average amount they hold, the market trend for that currency, the stability of the currency, the location of that currency exchange, etc. As for the one stop shop for currency exchange providers, you can try moneysupermarket.com Hope that helps."}
{"text": " I agree with IronAnvil. My research and studies in the area of Japanese production [method](http://en.wikipedia.org/wiki/The_Toyota_Way) supports the idea that middle-management is mostly a drag on effective operations at virtually any organization. Here's a somewhat relevant [counter](http://www.freerepublic.com/focus/f-bloggers/2554052/posts) to OP's post."}
{"text": " \"Just tired of the bullshit postings stating \"\"Make $$$ NOW if you know Java or C# and have government clearance!!!!!!!!!!!!!!!!!!!!!!!!!!!'  LinkedIn is on par with craigslist - just different presentation.  Some company that wanted to hire me decided to make me a LinkedIn profile.  I told them to fuck off - intrusive assholes.\""}
{"text": " If it was all toward operating expenses (i.e. not investments) then I'd be all aboard the hate train. But that's not where it goes.  I don't spend time on reddit to educate people so I can shit on them. Just know that there are a lot of smart people who follow this company. I'm not here to prove that I'm one of them, but at least consider there is more to this story than an argument about whether someone checked a damn income statement. I mean, really?"}
{"text": " \"From the article: \"\"Because of complicated legal and financial constraints I (Abigail) am unable to withdraw my investment at this time...\"\"  BECAUSE:  \"\"*I still gonna make money off this cause it's HARD to separate this asset from my overloaded portfolio...stocks go up in value and then Yaaaa! Bonanza down the road WITH THE HIGHER STOCK VALUE... but hey, I still love those little snot-nosed children and the scrappy puppies they chase around in my park - yeah, my park as their deadbeat parents don't pay any taxes - of course I don't either, but my accountants can explain all my write-offs every year that gives me a \"\"No tax due\"\" notice and usually a refund!\"\"*\""}
{"text": " Source: I'm recently (2 years) out of college (Info Sciences + Technology degree) Disclaimer: Speaking from limited personal experience (see above) A lot of corporate recruiters like the prospect of hiring recent college grads of because of the location flexibility they have (typically own no real estate, are not married, and have no children). If you get a job with Amazon and relocate, take a year to settle your finances, then determine if purchasing a house is something you can manage. If you don't have a savings set aside for a reasonable down payment on a house, you'll get hit with a mortgage insurance payment each month =\\, and that's not fun. Don't try to do too much at once, and make sure you have a full assessment of your finances before making any major purchases. I follow this general rule: Every few months, I fully re-assess our expenditures, and see what we can cut out or cut back on, put a bit into savings, and put the rest against outstanding student loans."}
{"text": " \"Use VTIVX. The \"\"Target Retirement 2045\"\" and \"\"Target Retirement 2045 Trust Plus\"\" are the same underlying fund, but the latter is offered through employers.  The only differences I see are the expense ratio and the minimum investment dollars.  But for the purposes of comparing funds, it should be pretty close. Here is the list of all of Vanguard's target retirement funds. Also, note that the \"\"Trust Plus\"\" hasn't been around as long, so you don't see the returns beyond the last few years.  That's another reason to use plain VTIVX for comparison. See also: Why doesn't a mutual fund in my 401(k) have a ticker symbol?\""}
{"text": " How do tax cuts for a corporation decrease available labor or increase demand for labor?  I know wages are complex but what company is going to get a tax cut and say, \u201cYa know what, we\u2019re not paying as much taxes so raises for everyone.\u201d?  Maybe if the company uses that money to buy stuff, there will be demand on those companies that produce those products."}
{"text": " There is no difference between more shares of a relatively cheaper stock and less shares of a relatively more expensive stock. When you invest in a stock, the percentage increase (or decrease) in the share price results in gains (or losses). This is a fundamental concept of investing. Your question suggests that you would benefit from further research before investing your money. Trading real dollars can be difficult without a strong understanding of the principles involved. Investing your money without a good knowledge base will likely be stressful and could have a discouraging effect if it doesn't go well. Before you open an investment account, read up on investing fundamentals, particularly mutual funds as those can be a great place to start as a new investor. There are many sources of information including books, websites such as http://investor.gov/investing-basics and this website. Don't skip the sections on taxes, as those matter just as much and sometimes more than the simple buying and selling. You might look at tax advantaged accounts, such as 401k's, IRA's, etc.  It shouldn't take long but it will be one of the most important things you do as a beginning investor. Everyone has to start here. Understanding the vocabulary and concepts will likely save you time and money throughout your investing life."}
{"text": " \"Short answer: don't do it. Unless you know something that the bank doesn't, it's safe to assume that banks are a lot better at assessing risk than you are. If they think he can't afford it, odds are he can't afford it regardless of what he might say to the contrary. In this case, the best answer may be \"\"sorry for your luck;\"\" you could recommend that he comes up with a larger down payment to reduce his monthly payment (or that he find a way to get some extra income) rather than getting you to cosign. Please also see this article by Dave Ramsey on why you should never cosign loans.\""}
{"text": " Does anyone know if it is possible to find Lehman Brothers last two conference calls before they went defunct in September (audio version)? Really interested in hearing it vs. reading it. I would appreciate it! Note, I did try the 'way back machine'."}
{"text": " For a 401(k), only contributions that you make for the current tax year through payroll deduction are tax-deductible.  Those contributions are subtracted off of your income for your W-2 Box 1 income amount.  If you make a manual contribution to your 401(k) outside of that, it is not tax deductible, and there is nowhere on your Form 1040 to deduct it. Your commuter benefits are also paid for out of payroll deduction and deducted on your W-2, so this is not an option, either. You could contribute to a traditional IRA for last year up to your tax return deadline, and deduct the amount on Form 1040 Line 32.  However, because you have access to a retirement plan at work, your IRA contribution is only tax deductible if your income is below certain limits."}
{"text": " In general, minors cannot enter into legally binding contracts --   which is what credit accounts are -- so an individually held card is   probably not an option for you right now. You will not be approved for a credit card because you are minor. The only option credit card wise for you is for your parents to add you on as an authorized user onto their accounts. The upside is that you and your parents can work out a monthly payment for the amount you spend on your equipment, the downside is that if your parents don't pay their credit card bill, your credit score/report can be negatively affected. (This also depends on the bank, however, all the banks I bank with report monthly payment activities on authorized users' credit reports as well. There might be a bank that doesn't.)  In terms of credit cards, there is nothing you can do. What you could do as the comments have suggested is either save up money for the equipment you want, or buy something cheaper."}
{"text": " I started my account with $500 so I know where you're coming from.  For the words of caution, in about 2009 we entered a pretty significant bull market.  During this period you could basically buy almost any big name company and do pretty well for yourself.  So don't be too cocky about your ability to pick winners in the middle of a bull market.  Over the last few years you'd have to try pretty hard to consistently pick losers. I absolutely think you should put real money in the game when you have this sort of interest.  However, at your $400-600 level broker fees will eat any sort of active trading or short term profit you could muster.  Stock trading is not a great way to make money in the short term.  If you're looking to save for something specific you should put that money in a zero risk savings account.   You should do more research on brokers.  Find the lowest possible trade commission at an organization where you can meet the account opening minimum.  A $10 commission is 11% more than a $9 commission."}
{"text": " Here is a list of threads in other subreddits about the same content:   * [Hillary Clinton in Russian nuclear company Rosatom\u2019s case over Uranium One illegal acquisition in US](https://www.reddit.com/r/worldnews/comments/78fob8/hillary_clinton_in_russian_nuclear_company/) on /r/worldnews with 1 karma (created at 2017-10-24 21:20:25 by /u/Cmgredditim)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"text": " I asked my realtor, but she recommends to go with just one banker   (her friend), and not to do any rate shopping. You need a new realtor. Anyone who would offer such advice is explicitly stating they are not advocating on your behalf.  I'd do the rate shopping first. When you make an offer, once it's accepted, time becomes critical. The seller expects you to go to closing in so many days after signing the P&S. The realtor is specifically prohibited from pushing a particular lender on you. She should know better.  In response to comment - Rate Shopping can be as simple as making a phone call, and having a detailed conversation. Jasper's list can be conveyed verbally. Prequalification is the next step, where a bank actually writes a letter indicating they have a high confidence you will qualify for the loan."}
{"text": " Politicians can't even be bothered to listen to scientists who almost all agree on major thing like climate change or GMOs where almost all scientists agree.  Why would they bother to listen to economists where there are at least a half dozen competing theories of macroeconomics and the optimal role of government in it?"}
{"text": " I don't think these currencies need large scale adoption to exist or go up in value. Even if only 0.2% of middle and upper class people own bitcoins it can go to 100000$, simply because the marketcap and value of bitcoin is more than the $ amount invested in it because of holders and longterm supply deflation."}
{"text": " Well, it certainly has the first-mover advantage. I imagine Tesla has become pretty efficient in its production of electric cars and they are continuously driving down costs. As production expands, Tesla is gaining economies of scale, allowing it to produce electric vehicles for much cheaper than any other company might do with its patents. I think it would be difficult for new entrants to achieve the same quality and cost that Tesla does, even if they are using Tesla's patents.   Furthermore, Tesla and electric vehicles have become synonymous. If someone is going to buy an electric car, the first thing they are going to think of is Tesla. Owning a Tesla has become (and will likely continue to be) a bit of a status symbol, and because of that, I think they will probably always have the dominant position in the electric vehicle industry, and will likely be able to charge premium prices that competitors might not be able to justify. Similar to the way that despite the ubiquity of smartphones, Apple has a dominant position and an ability to charge premium prices. (Largely because Apple kind of drove the smartphone revolution)   Tesla wants the electric car market to grow as quickly as possible. The more money automobile manufacturers pour into electric cars, the less they will spend on cheaper, fossil-fuel vehicles. Secondly, as more companies start producing electric vehicles, more people will end up owning one, hence more infrastructure will be built to support those people, making owning an electric car a lot easier, hence increasing the value of a Tesla. Making electric cars accessible to the mainstream public is Tesla's ultimate goal, because they know they will likely always have the lion's share of that industry."}
{"text": " Yup he sure is.  And he will be for possibly 3.5, possibly 7.5 more years.  But Derrick Rose is on a vet minimum and only 1 season under contract.  Is he going to have to prove himself every season now?  I mean with injuries as severe as he has had, I consider high level professional play to be a major success.  But a league where rose takes the early retirement only due to teams not making offers, now that is a league that I would be unhappy with"}
{"text": " I would like JD to soar I got in little while ago. I have heard a lot of news lately about Unicom in the last month or so but this is the first time JD has been involved. Also until you shared this article I always read Unicom as Unicorn haha."}
{"text": " No, no they don't. No more so than wages do. A pension is not some magical pot of money that you retire and suddenly are a billionaire. A pension payment replaces your wages. It is retirement savings.   This is like saying we should eliminate 401K's, Roth, and Keogh IRA's and simply take the money. This is like saying we should seize homes and other properties. You need to elaborate why you think paying out pensions is going to raise inflation, that doesn't make sense."}
{"text": " \"Speaking from personal experience: I have had a credit card canceled for exactly this reason. It's happened to me three times, with two different providers (NatWest and Nationwide). After the third instance I stopped bothering to even carry a credit card. It's worth noting that all three were \"\"free\"\" cards in the sense that I paid no flat fee or subscription to get the cards. The only way the issuer could make a profit on them was through interest. I was also not a frequent user, carrying the card for convenience more than anything else, although I did make purchases on all three. So it's certainly a possibility. But I live in the UK and I'm guessing most of your other respondents do not. It may be a practice that's more common here than in the US. That might even explain the origin of the rumour.\""}
{"text": " We've also had pretty freak weather throughout the US this past year doing quite a bit of damage.  If I recall correctly, there's been major flooding along the Mississippi River in Louisiana that's wiped out a good bit of rice farmland, serious drought throughout Texas (though that may be lessening of late), and a frost in Florida that took out a swath of the strawberry crop.  Now, maybe that's the sort of stuff that happens every year and people get by regardless, but still."}
{"text": " &gt; Same in Switzerland as far as I know  In Switzerland it is a regional matter and in most regions not possible. The few that allow it also tend to require a justification and/or let you opt out (of what is in my mind a disgusting breach of data protection); Zurich is a case in point - you can opt out."}
{"text": " \"I don't have experience with TSP in particular, but they look to be roughly the same as 401(k) loans. If the \"\"G Fund rate\"\" is equal to the yield of government bonds, then your main risk is the risk that yields increase, which means the interest you're paying is less than what you would have earned on the investments. Here are some other things to consider: For any car loan, I would borrow as little as possible with as short a term as possible.  To me, the interest savings and additional risks from borrowing from your retirement isn't worth it.\""}
{"text": " And driving out of business the rest of competitors with huge incentives at loss, cause uber has a very long term plan and don't care of profitability. Let's face it once they'll be one of the push to deregulate autonomous driving there will be a massive shift in labour economy too."}
{"text": " I struggle with 0% interest things in my personal life.  A responsible me that thinks logically says continue to pay it on time and take advantage of the benefit of the interest free loan you got. It will keep your funds liquid in the case of an emergency, build your credit and teach you self control.  Paying it off now has little to no benefit. It does however tie up $3,000 worth of capital you could be using for building interest or leveraging against other purchases."}
{"text": " I don't think any open source trading project is going to offer trial or demo accounts. In fact, I'm not clear on what you mean by this. Are you looking for some example data sets so you can see how your algorithm would perform historically? If you contact whatever specific brokers that you'd like to interface with, they can provide things like connection tests, etc., but no one is going to let you do live trades on a trial or demo basis. For more information about setting this sort of thing up at home, here's a good link: < http://www.stat.cmu.edu/~abrock/algotrading/index.html >. It's not Python specific, but should give you a good idea of what to do."}
{"text": " I have been careful here to cover both shares in companies and in ETFs (Exchange Traded Funds). Some information such as around corporate actions and AGMs is only applicable for company shares and not ETFs. The shares that you own are registered to you through the broker that you bought them via but are verified by independent fund administrators and brokerage reconciliation processes. This means that there is independent verification that the broker has those shares and that they are ring fenced as being yours. The important point in this is that the broker cannot sell them for their own profit or otherwise use them for their own benefit, such as for collateral against margin etc..  1) Since the broker is keeping the shares for you they are still acting as an intermediary. In order to prove that you own the shares and have the right to sell them you need to transfer the registration to another broker in order to sell them through that broker. This typically, but not always, involves some kind of fee and the broker that you transfer to will need to be able to hold and deal in those shares. Not all brokers have access to all markets. 2) You can sell your shares through a different broker to the one you bought them through but you will need to transfer your ownership to the other broker and that broker will need to have access to that market. 3) You will normally, depending on your broker, get an email or other message on settlement which can be around two days after your purchase. You should also be able to see them in your online account UI before settlement. You usually don't get any messages from the issuing entity for the instrument until AGM time when you may get invited to the AGM if you hold enough stock. All other corporate actions should be handled for you by your broker. It is rare that settlement does not go through on well regulated markets, such as European, Hong Kong, Japanese, and US markets but this is more common on other markets. In particular I have seen quite a lot of trades reversed on the Istanbul market (XIST) recently. That is not to say that XIST is unsafe its just that I happen to have seen a few trades reversed recently."}
{"text": " You probably won't save much, if anything at all, by getting another fixed-term mortgage. The last part of a mortgage is mostly principal payments.  If you borrowed $200k (guessing) at 4.75% then during the last five years you'll pay about $10.5k in interest, as opposed to $41.7k in the first five years and $27.9k in the second five.  Another fixed rate loan won't get you a whole lot lower than 4.75%. If you can score a teaser rate (say 2.5% for the first five years) on the balance at the beginning of year 11, and pay the same amount that you were before ($1,555) then you'd knock out the mortgage in 57 months and save yourself a little under $5k.  If the refinance costs only a few hundred, then you might make out. Anyway, you may find other similar options that have a low teaser rate but (goody for you) you won't be around long enough to see it jump up.  Just watch for prepayment penalties. I'd probably just bump up my payments, though.  I went through a refinance and I felt like my hand was forced a lot in that process, but your mileage may vary. :)"}
{"text": " This is more of a general answer about your situation than a specific answer to your question.  You might consider getting a SIP telephone number based in the US, or an even easier to use IP based phone number. That way you can use it through your Internet connection and make eaiser calls to US companies that you still have a business relationship with."}
{"text": " But then they turn their stores is hugely expensive show rooms.   BB's real problem is that they are getting eaten at both ends. Amazon is taking the online business, and walmart has expanded their electronics.   BB niche is gone. It has nothing to do with their customer service, or their pricing practices. It just has a business model that doesn't work anymore.   Only chance is to reduce the number of stores and aim for the in person sales only."}
{"text": " \"simplicity and roi are often at odds. the simplest plan that also supports a reasonable investment return would have 3 accounts: if you want to get better returns on your investments, things can get much more complicated. here are some optional accounts to consider: besides the mechanics of money flowing between accounts, a budget helps you understand and control your spending.  while there are many methods for this (e.g. envelopes of cash, separate accounts for various types of expenses), the simplest might be using mint.com.  just be sure to put all your spending on a credit or debit card, and you can see your spending by category when you log into mint. it can take a bit to get it set up, and your bank needs to be compatible, but it can give you a really good picture of where your money is going.  once you know that, you can start making decisions like \"\"i should spend less on coffee\"\", or \"\"i should go to the zoo more\"\", based on how much things cost vs how much you enjoy them. if you feel like your spending is out of control, then you can set yourself hard limits on certain kinds of spending, but usually just watching and influencing your own choices is enough. notes:  if you have a spouse or partner, you should each maintain your own separate accounts. there are many reasons for this including simplicity and roi, besides the obvious. if you feel you must have a joint account, be sure to clearly define how it should be used (e.g. only for paying the utilities) and funded (x$ per month each). particularly with your house, do not do joint ownership. one of you should be a renter and the other a landlord. some of these statements assume you are in the usa. on a personal note, i have about 20 credit cards, 2 checking accounts, 2 ira's, 2 brokerage accounts, and 3 401k's. but i consider myself a personal finance hobbyist, and spend an absurd amount of time chasing financial deals and tax breaks.\""}
{"text": " My household items/groceries comes from too many different places, from Costco, Amazon, Sprouts, local grocers, and farmers markets. Never bought groceries on Amazon though, no perishables or too expensive for packaged goods.     I sure wont pay WFM prices for their 360 store brand"}
{"text": " This is all very basic and general advice, that works for most, but not all.  You are unique with your own special needs and desires.  Good luck! P.S.: not exactly related to your question, but when you get more familiar with investing and utilizing your money, find more ways to save more. For example, change phone plan, cut the cable, home made food in bulk, etc."}
{"text": " \"Overall, since gold has value in any currency (and is sort of the ultimate reserve currency), why would anyone want to currency hedge it? Because gold is (mostly) priced in USD. You currency hedge it to avoid currency risk and be exposed to only the price risk of Gold in USD.  Hedging it doesn't mean \"\"less speculative\"\". It just means you won't take currency risk. EDIT: Responding to OP's questions in comment what happens if the USD drops in value versus other major currencies? Do you think that the gold price in USD would not be affected by this drop in dollar value? Use the ETF $GLD as a proxy of gold price in USD, the correlation between weekly returns of $GLD and US dollar index (measured by major world currencies) since the ETF's inception is around -47%. What this says is that gold may or may not be affected by USD movement. It's certainly not a one-way movement. There are times where both USD and gold rise and fall simultaneously. Isn't a drop in dollar value fundamentally currency risk? Per Investopedia, currency risk arises from the change in price of one currency in relation to another. In this context, it's referring to the EUR/USD movement. The bottom line is that, if gold price in dollar goes up 2%, this ETF gives the European investor a way to bring home that 2% (or as close to that as possible).\""}
{"text": " fire and water damage restoration  --Triton Renovation has been the authority on fire and water damage restoration for over a decade. With their team of experts, they have the ability to handle any renovation or repair you would need whether it be commercial or residential."}
{"text": " \"In personal finance, most of your success is determined by personal habit rather than financial savvy.  Getting in the habit of making regular deposits to your savings account will have a much larger effect on your situation than worrying about which account pays the highest interest rate (particularly as neither one of them matches the current inflation rate, which is over 3%). So go ahead and put your money in a savings account, but not because of the interest or safety, but because it's a \"\"savings\"\" account.\""}
{"text": " I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:  - [/r/talkbusiness] [TPG Capital Hires Former Ford Motor CEO](https://np.reddit.com/r/talkbusiness/comments/789mzj/tpg_capital_hires_former_ford_motor_ceo/)  [](#footer)*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*  [](#bot)"}
{"text": " You should be careful about mingling your personal money and that of the business, even if it is a sole prop right now.  It is a good habit to keep separate business and personal bank/credit accounts just so that when you change to an LLC, it is simpler for you to separate what belongs to the company and what is yours personally.  What you're doing makes it more difficult (although only marginally so) to itemize business deductions that were paid with an ostensibly personal credit account.  The better habit to get into now is keeping that distinct separation between personal and business. That being said, there's nothing illegal in what you're doing, but it would make an accountant cringe, that's for sure. (chuckle) Hope this helps. Good luck!"}
{"text": " If you are new on Adobe tool and want to utilize it for your purposes then get in touch with the experts at Adobe Technical Support number 1-844-888-3870. Our professionals are experienced and skilled with the tool and let you understand its features for maximum output."}
{"text": " Good point, but the idea I was getting at is that the money was already allocated for this purpose as it is regularly with every pay day.  The idea that some people should not get unemployment insurance payments because they happen to live in households that retain high income is not trivial and at very least should be put before a vote of representatives."}
{"text": " I wager Amazon could do a better job fighting scrapers auto buying tickets like they do with Ticketmaster.  Tho the one main game change I can see is Amazon being able to handle massive loads of traffic on their site.  As Ticketmaster has loads of problems here, but Amazon yet to show any real issues in handling loads of traffic all at once.  So imagine able to get tickets without issues."}
{"text": " If real investors are leaving the marketplace, and only gamblers are left, then it is no longer an investment platform.  The market was designed, and allowed by our people &amp; govt, to be an investment platform for effective resource allocation.  A Gambling engine is not an effective resource allocation mechanism."}
{"text": " The use of an old address would make me suspect that your data was stolen from some database you had registered to long ago with the old address.  I would think that contacting your credit rating firm and the credit card company is urgent."}
{"text": " I agree of course that we SHOULD just test a product to see if it\u2019s good or not. But as the article states, a lot of consumers discard it based off date alone. So if a company can make X amount of dollars more by saying their eggs expire a few days earlier, that can be abused, right? All I\u2019m saying is there\u2019s so much ambiguity on the dates on packaging, some more regulation would be helpful (like regulations on ingredients)"}
{"text": " \"A very interesting topic, as I am moving to the US in a month. I realise this thread is old but its been helpful to me.  My observations from my home country  \"\"Before we judge anyone who doesn't use direct deposit or who prefers to be paid in cold hard cash, consider that direct deposit is a luxury of stability. Steady job, home, etc. Direct deposit doesn't make sense for a contractor or day labourer who expect to work for a different person each day or week\"\"  --- well here a contractor would still be paid by a direct deposit, even if he was working for many different people. On the invoice the contractor provides Bank account details, and customer logs onto their internet banking and pays electronically. It is a a very simple process and is the preferred method of payment by most businesses even small contractors. Many accounting software programs are linked to bank accounts and can quickly reconcile accounts for small business. Many businesses will not accept a cheque in Australia anymore as they are considered to be a higher risk.  I started work in 1994 and have never received any payment except via direct deposit.\""}
{"text": " Because most people aren't willing to sacrifice their ability to live in the US for 100k. Remember that you can't pull this off multiple times easily.   So as a one and done kind of deal, 100k isn't a great trade for the right to live in tthe US or whatever country you have roots in, particularly once you factor in:"}
{"text": " probably forgetting some but off the top of my head:MIT, Caltech, Berkeley, UCLA, Duke, Stanford, Chicago, NYU, Northwestern, Michigan, Notre Dame, UVA, and top LACs like Amherst,Williams,etc.  At a target school you would see many of the following names come to your school for OCR or resume drops: Goldman Sachs, KKR, Blackstone, Morgan Stanley, JPM, D.E. Shaw, Jane Street, Blackrock, Two Sigma, Citadel"}
{"text": " If we hadn't blockaded Cuba for 60 years, it would likely look a lot like China, albeit not as overall productive.  Keep in mind both nations had communist revolutions at roughly the same time, the main difference being the US effectively shut out all trade with the island nation."}
{"text": " \"Payment gateways such as Square do not normally withhold tax. It is up to you to pay the appropriate tax at tax time. That having been said, Square does report your payments to the IRS on a form 1099-K if your payments are large enough. According to Square, you'll get a 1099-K from them if your total payments for the year add up to $20,000 AND more than 200 transactions.  Whether or not they report on a 1099-K, you are required to pay the appropriate taxes on your income.  So now the question becomes, \"\"Do I have to pay income tax on the proceeds from my garage sale?\"\" And the answer to that question is usually not. When you sell something that you previously purchased, if you sell it for more than you paid for it, you have a capital gain and need to pay tax on that. However, generally you sell things in a garage sale at a loss, meaning that there is no tax due.  If you make more than $20,000 at your garage sale and the IRS gets a 1099-K, the IRS might be curious as to how you did that with no capital gain. So if you sell any big ticket items (a bulldozer, for example), you should keep a record of what you paid for it, so you can show the loss to the IRS in the event of an audit.\""}
{"text": " i am not against bonuses, provided employees have health care, retirement contributions from the corporation, a living wage and a claw back clause if exec is fired for cause.  The problem is for too many companies the bonus is based on exec's squeezing employees benefits or bought buy the execs using profits to buy back stock to increase stock prices and inflate bonuses based on stock price."}
{"text": " A lot of us state I want money on the internet however how would you obtain money on the internet? Difficult which rare money on the internet if you want money on the internet. This site does not have any credit check needed money money together with sequel money as well as fantastic deals. Should find out if experts require regarding some money on the internet."}
{"text": " \"Looking at your numbers, I would definitively consider selling the car, and use the public transportation instead. You could easily save $450 month, plus gas and maintenance. As you mentioned, public transportation will be only a fraction of this amount, so you might end up saving around $400 monthly. If you decide to keep the car, the amount that you will spent monthly is easily a payment for a brand-new car. What if, God forbid, for any kind of reason, you get a traffic ticket that can increase your insurance premium? What if the engine stops working, and you will need to spent thousands of dollars fixing the car? With this, and all of the other expenses pilled up, you might be unable to afford all this at some point. If you decide to sell the car, the money that you will save monthly can be put in a savings account (or in any other sort of \"\"safe\"\" investment instrument). In this way, if your situation changes where you need a car again, you will be able to easily afford a new car. Regarding your need to visit your friends on the suburbs every other weekend, I think you can just talk with them, and meet on places where public transportation is available, or ask them to pick you up in the nearest station to the suburbs.  In conclusion, based on what you said, I do not think the \"\"little\"\" convenience that you get in owning the car outweighs the big savings that you get monthly, if you decide to sell the car.\""}
{"text": " \"I worked for a major car rental company (not Hertz, but comparable) for quite a while, taking reservations by phone. I completely agree that the reservation system is terrible, and is only vaguely based on the reality of their vehicles in stock at best. The problem is, from a strictly business perspective, taking more reservations than they have cars is currently considered the most profitable model for them.  To play devil's advocate just a little, switching to a \"\"take only one reservation per vehicle, reserve it to 100% lock it in\"\" model is a bit more complicated than it sounds. In order to guarantee a specific car for a customer at a specific time, they either have to leave that car sitting on their lot until you rent it (not making money), or keep renting it out to other people in the interim. If they rent it out to someone else before your rental comes up, that removes the vehicle from their control. Bordering on constantly, renters don't return the vehicle within their promised schedule or return it in a damaged or otherwise unsuitable condition. To be clear I'm not trying to make excuses for the rental car company (there are many reasons I no longer work there), but it's objectively hard for them to get a specific vehicle if, say, all but one of them were in wrecks the previous night, and the person renting the last one drove it across the country without warning the rental office and refuses to come back. Those problems all get solved eventually, but that doesn't help you when you show up and can't get the car you reserved.  So, they continue to take excessive reservations, and just give people whatever they happen to have when they show up, if they have any cars at all.   There's definitely better ways to do it for the customer, but like many businesses, they'll continue to do it whatever way they determine is best for their profits.  Edit: Words.\""}
{"text": " I work in banking for the private bank division for a major bank as a banker. I have been helping clients with these types of transactions for years. I believe that large transactions like this are best left to the big boys. That is where the talented bankers/loan officers/underwriters are, and that is the type of transaction they specialize in. I know for a fact that your credit union will not be able to suit your needs, and a smaller bank will be tough to deal with. I wouldn't worry at all about the credit pulls as much as picking a rock solid bank with lots of experiences doing these kinds of deals. That is my 2 cents, albeit a little bit biased, but it is also coming from experience. History with the bank definitely matters, but what business you can bring to the bank along with the lending (deposits, 401k management, personal investments, business services, etc) matter just as much and can make or break the approval/decline or even the terms being favorable or not favorable to your company."}
{"text": " Actually, yes. Two parties can write a contract and specify how money will change hands, it's called a swap. It's not unusual to write a contract that mimics an existing financial instrument. However, there are disadvantages to both sides to trading a swap rather than a more standard, liquid instrument, so usually it won't happen unless there's an excellent reason."}
{"text": " CDs or money market funds. Zero-risk for the CD and ultra-low risk for the money market account; better return than most savings accounts."}
{"text": " http://www.calcamo.net/loancalculator/simulation/fixed-rate-loan.php5 This website is a calculator only and has some extra features that take into account late payments, paying extra to reduce principal, and has the ability to export amortization table to excel that you could use to keep track of the loan.   If you are looking for a web site to manage and keep track of the whole process, reminder emails, accepting credit card payments, etc.. paybaq.com may be right for you."}
{"text": " \"You should only invest in individual stocks if you truly understand the company's business model and follow its financial reports closely.  Even then, individual stocks should represent only the tiniest, most \"\"adventurous\"\" part of your portfolio, as they are a huge risk. A basic investing principle is diversification.  If you invest in a variety of financial instruments, then: (a) when some components of your portfolio are doing poorly, others will be doing well.  Even in the case of significant economic downturns, when it seems like everything is doing poorly, there will be some investment sectors that are doing relatively better (such as bonds, physical real estate, precious metals). (b) over time, some components of your portfolio will gain more money than others, so every 6 or 12 months you can \"\"rebalance\"\" such that all components once again have the same % of money invested in them as when you began.  You can do this either by selling off some of your well-performing assets to purchase more of your poorly-performing assets or (if you don't want to incur a taxable event) by introducing additional money from outside your portfolio.  This essentially forces you to \"\"buy (relatively) low, sell (relatively) high\"\". Now, if you accept the above argument for diversification, then you should recognize that owning a handful (or even several handfuls) of individual stocks will not help you achieve diversification.  Even if you buy one stock in the energy sector, one in consumer discretionary, one in financials, etc., then you're still massively exposed to the day-to-day fates of those individual companies.  And if you invest solely in the US stock market, then when the US has a decline, your whole portfolio will decline.  And if you don't buy any bonds, then again when the world has a downturn, your portfolio will decline.  And so on ... That's why index mutual funds are so helpful.  Someone else has already gone to the trouble of grouping together all the stocks or bonds of a certain \"\"type\"\" (small-cap/large-cap, domestic/foreign, value/growth) so all you have to do is pick the types you want until you feel you have the diversity you need.  No more worrying about whether you've picked the \"\"right\"\" company to represent a particular sector.  The fewer knobs there are to turn in your portfolio, the less chance there is for mistakes!\""}
{"text": " The only thing that I refuse to buy generic is trash bags.  I've tried several different generic versions of trash bags and all of them ripped very easily.  I'll spend the extra money for Hefty or Glad so I don't have to clean up trash."}
{"text": " I've heard in both cases the hours are usually steady unless you're closing a deal, in which case you can expect a lot of long hours similar to IB. I'm sure this changes based on the size of the firm, but how many deals do you normally close in a year, and how long are you typically working on each one?"}
{"text": " LC Webpros is a digital marketing company. We provide digital marketing services such as Internet Marketing, Web Design, Social Media Marketing, SEO and more service. We also provide Videography and Photography service. If you want to Social Media Marketing for your company in the world, then you can visit our company website.It is very important that you understand the fundamentals of how is social media actually works and how it's being used."}
{"text": " \"Dear OWS - when you march on Washington next month, please demand that all these bankers be arrested, tried in court and then executed. This is BS, how are they able to get away with this - these guys literally destroyed our economy and yet we have people who sold a bag of weed sitting in jail. Come on Obama, you said you were going to \"\"Change\"\" things - this is one thing that will get support from everybody!\""}
{"text": " The S&P report (aka STARS report) for each company has 10 years of financial data. These reports are available free at several online brokers (like E-Trade) if you have an account with the brokerage."}
{"text": " If it were me, I would create a website for him.  Take a look at all the other local plumber websites and identify the things they get right and wrong and then do or don't do those things, as appropriate.  My feeling is that when someone wants a plumber, they are often anxious and may be in a hurry, so the first thing you need to say on that site is something that is brief and reassuring. The text needs to be clear and easy to read - no white text on a black background, or text placed over a picture.  You also need to answer all the key questions they are likely to ask - how much, how soon, can I trust you to do the right thing, how much experience do you have?  Basically, you need to put yourself in the shoes of that anxious customer and say the things that will strike a chord with them - obviously, any promises he makes on the site he then has to deliver."}
{"text": " This is bullshit. The US government requires taxes to be paid in USD. There's your intrinsic value. If you want to be compliant with the federal law, your business and you as an individual are required to convert assets or labor into USD to pay them."}
{"text": " Actually the Fidelity hypothetical example (with same marginal tax rates) is super misleading.  They are putting the money saved up front from the traditional 401k in to at taxable account. Why? If you put the actual money used for the Roth that would be saved into traditional 401k they look the same no matter the timeline (with a hypothetical unchanging tax rate). Check this out.  So there are only two things to consider when choosing traditional vs roth."}
{"text": " Maybe have a more clearly stated goal and plan to get there. Were they selling just a nicely built machine no one needs (the single design flaw) or were they trying to sell us a way to buy their juice repeatedly and maintain revenue."}
{"text": " Orange and green leafy vegetables provide beta - carotene, which the body converts to vitamin A protein foods. Half of a sweet potato or a large carrot provides the recommended daily allowance. If you don\u2019t eat healthy, you probably need to take supplements."}
{"text": " I think what's screwing up my calculation is the (reL), return on equity levereged figure. The beta for KORS apparently is -0.58, so when I use the formula reL = rf + (\u00dfL)(rm - rf), I get -0.0048 as my reL.   Am I doing my beta wrong? Am I supposed to use a different figure for my beta?    ALSO, further in the process, when using the formula for WACC, my E/(D+E) is essentially 1.0 because market value of equity for KORS is 7bill and its market value of debt is only like 147 million.  edit: I'm beginning to believe that my beta of -0.58 is not rightly used. It's what yahoo told me, but other sources are saying that the beta of KORS is more like -0.01 or close to 0. Yes?   edit 2: Using -0.01 beta, I get a rdWACC of 2.2%. Now this seems more plausible. I did some research on negative betas and found out that they basically don't really exist aside from gold. So Yahoo must be giving me a weird beta figure. Other websites are all giving me -0.01, so I believe that is correct."}
{"text": " Good credit is calculated (by many lenders) by taking your FICO score which is calculated based upon what is in your credit report.  Building credit generally means building up your FICO score. Your FICO score is impacted my many factors, one small one of which is your utilization ratio of your installment loans like student loans.  This is the ratio of the current balance to your original balance.  To improve your score (slightly) you would want a lower ratio.  I would recommend paying your student loan down to 75% ratio as fast as you can and then you can go back to $50/month. A much better way to improve your FICO score is to have revolving credit.  Your student loans are not revolving, they are installment loans.  Therefore, you should open at least one credit card (assuming you currently have none) right away.  The longer you have had a credit card open, the better your FICO score gets.  Your revolving credit utilization ratio is way more important than your installment loan ratio.  Therefore, to maximize your FICO, try to never have more than 10% utilization on your revolving credit report to the credit bureaus each month.  Only the current month's ratio affects your score at any given moment.  You can ensure you don't go above 10% by paying your balance before the statement cuts each month to get it below 10% way before any payment would be due.  (You should always pay your remaining credit card statement balance in full each month by the due date after the statement cuts to avoid any interest charges.)  Note that there is a slight FICO advantage to having at least one major bank credit card instead of just only credit union credit cards.  Also, never let all your revolving credit report a zero balance in a month, you must always have at least $1 reporting to the credit bureaus on at least one of your open credit cards or your FICO score will take a big negative hit. If you cannot get a normal credit card, go to a credit union and find one that offers secured credit cards, or a bank that does.  A secured credit card is where you place a deposit with the bank that they hold and give you a credit limit to match your security.  Ideally it would be a card that graduates to unsecured after your demonstrate good history with them.  For example, the Navy Federal Credit Union secured card unsecures for many people.  I also believe the Wells Fargo Bank credit card (you can join if there is a family member who served or a roomate who did) also will unsecure.  The reason you want it to unsecure and not be forced to open a new account to get an unsecured account is that you want your average age and oldest age of open revolving credit accounts to be as high as possible as this is another impact on your FICO score. Credit unions that anyone can join include, Digital Federal Credit Union, the Pentagon Federal Credit Union (which offers a secured card that does not graduate), and The State Department Federal Credit Union (also offers secured card that I think does not graduate). One other method to boost your FICO score is to get added as an authorized user on one of your parent's credit cards that has been open a long time.  Not all lenders will report such an authorized user, however, ones that are known to do so are: Bank of America, Citi Bank, and Capital One.  It is a good sign that it will report if they ask for the social security number of the authorized user. However, note that the Authorized User addition can have no impact if the lender is using one of the newer versions of the FICO scoring model, only the older versions reward you for the age of accounts for which you are an authorized user. A very long term boost is to open your first American Express card underwritten directly by Amex such as their Zync card which is pretty easy to get.  The advantage of American express is that they remember the date your first credit card was opened with them and if you open new accounts in the future they will back date the date of their opening to match the date your first card was opened.  If you let your membership lapse, be sure to record the account number and date opened in your personal files so that you can help them locate it again if you reopen as they can have trouble if it has been on the order of ten years or more. Finally, note that the number of accounts opened in the last twelve months is a small negative mark on your score (along with number of inquiries), so if you open a lot of accounts all at once, in addition to bringing down your average age of accounts, you will also get dinged for how many were opened in the last year."}
{"text": " \"I am asking because startups are super risky and 99% of the times you fail and lose the money. First of all, that 99% number is exaggerated. Only 96% of companies fail within ten years. But starting your own business is not a pure game of chance. It mostly depends on how good your business idea is and if you have the necessary skills and resources to succeed with it. Yes, there is luck involved, but a smart businessman can calculate the risks and possible rewards and then decide if a certain business idea is a good or a bad gamble. Also, a business failing does not necessarily mean that the business owner failed. A good business owner knows when to fold. A business might be profitable at first, but market circumstances might change at any time making it unprofitable. A smart business owner notices that early, liquidates the unprofitable business as quickly as possible and refocuses on their next business idea. Only those who can not let go of an unprofitable business or take too long to notice that it is failing are those who get dragged down with it. So should you have a \"\"startup fund\"\"? Saving your disposable income is never a mistake. If you never end up starting a business, it will eventually serve you as a retirement fund. So yes, you should save a part of your money each month. But should you start a company with it? That depends on whether or not you have a business idea where you know you will succeed. How do you know that? When you answered yes to all of these questions, then you might want to consider it.\""}
{"text": " \"LLC is, as far as I know, just a US thing, so I'm assuming that you are in the USA. Update for clarification: other countries do have similar concepts, but I'm not aware of any country that uses the term LLC, nor any other country that uses the single-member LLC that is disregarded for income tax purposes that I'm referring to here (and that I assume the recruiter also was talking about). Further, LLCs vary by state. I only have experience with California, so some things may not apply the same way elsewhere. Also, if you are located in one state but the client is elsewhere, things can get more complex. First, let's get one thing out of the way: do you want to be a contractor, or an employee? Both have advantage, and especially in the higher-income areas, contractor can be more beneficial for you. Make sure that if you are a contractor, your rate must be considerably higher than as employee, to make up for the benefits you give up, as well as the FICA taxes and your expense of maintaining an LLC (in California, it costs at least $800/year, plus legal advice, accounting, and various other fees etc.). On the other hand, oftentimes, the benefits as an employee aren't actually worth all that much when you are in high income brackets. Do pay attention to health insurance - that may be a valuable benefit, or it may have such high deductibles that you would be better off getting your own or paying the penalty for going uninsured. Instead of a 401(k), you can set up an IRA (update or various other options), and you can also replace all the other benefits. If you decide that being an employee is the way to go, stop here. If you decide that being a contractor is a better deal for you, then it is indeed a good idea to set up an LLC. You actually have three fundamental options: work as an individual (the legal term is \"\"sole proprietorship\"\"), form a single-member LLC disregarded for income tax purposes, or various other forms of incorporation. Of these, I would argue that the single-member LLC combines the best of both worlds: taxation is almost the same as for sole proprietorship, the paperwork is minimal (a lot less than any other form of incorporation), but it provides many of the main benefits of incorporating. There are several advantages. First, as others have already pointed out, the IRS and Department of Labor scrutinize contractor relationships carefully, because of companies that abused this status on a massive scale (Uber and now-defunct Homejoy, for instance, but also FedEx and other old-economy companies). One of the 20 criteria they use is whether you are incorporated or not. Basically, it adds to your legal credibility as a contractor. Another benefit is legal protection. If your client (or somebody else) sues \"\"you\"\", they can usually only sue the legal entity they are doing business with. Which is the LLC. Your personal assets are safe from judgments. That's why Donald Trump is still a billionaire despite his famous four bankruptcies (which I believe were corporate, not personal, bankrupcies). Update for clarification Some people argue that you are still liable for your personal actions. You should consult with a lawyer about the details, but most business liabilities don't arise from such acts. Another commenter suggested an E&O policy - a very good idea, but not a substitute for an LLC. An LLC does require some minimal paperwork - you need to set up a separate bank account, and you will need a professional accounting system (not an Excel spreadsheet). But if you are a single member LLC, the paperwork is really not a huge deal - you don't need to file a separate federal tax return. Your income will be treated as if it was personal income (the technical term is that the LLC is disregarded for IRS tax purposes). California still does require a separate tax return, but that's only two pages or so, and unless you make a large amount, the tax is always $800. That small amount of paperwork is probably why your recruiter recommended the LLC, rather than other forms of incorporation. So if you want to be a contractor, then it sounds like your recruiter gave you good advice. If you want to be an employee, don't do it. A couple more points, not directly related to the question, but hopefully generally helpful: If you are a contractor (whether as sole proprietor or through an LLC), in most cities you need a business license. Not only that, but you may even need a separate business license in every city you do business (for instance, in the city where your client is located, even if you don't live there). Business licenses can range from \"\"not needed\"\" to a few dollars to a few hundred dollars. In some cities, the business license fee may also depend on your income. And finally, one interesting drawback of a disregarded LLC vs. sole proprietorship as a contractor has to do with the W-9 form and your Social Security Number. Generally, when you work for somebody and receive more than $600/year, they need to ask you for your Social Security Number, using form W-9. That is always a bit of a concern because of identity theft. The IRS also recognizes a second number, the EIN (Employer Identification Number). This is basically like an SSN for corporations. You can also apply for one if you are a sole proprietor. This is a HUGE benefit because you can use the EIN in place of your SSN on the W-9. Instant identity theft protection. HOWEVER, if you have a disregarded LLC, the IRS says that you MUST use your SSN; you cannot use your EIN! Update: The source for that information is the W-9 instructions; it specifically only excludes LLCs.\""}
{"text": " &gt; - Waiting too long to renovated their stores.  There was a Sears between my house and the neighborhood train station that I walked by regularly for two years before realizing that it was an operating store and not an abandoned warehouse."}
{"text": " If this is the case then it will never get past the Senate. It requires 67 votes to be approved for ratification. Negotiators know this. Anything that they think will prevent passage by the Senate will not be in the final draft of the agreement. It's not like they can just sneak this past the Senate and the people. They can only keep the negotiations secret, the full agreement will be public and hotly debated well before it would be put to a vote in the Senate."}
{"text": " Is investing more money into a stock that you already have a stake, in which has gone up in price a good idea? What you describe here is a good idea when the stock keeps up-trending. The way to do it is say you have originally bought $1000 worth of shares, then the next purchase you buy $500 worth, then $250 worth. It is called pyramiding into your trades. However, this system would not be the best with simply a buy and hold when you keep holding even if the price starts freefalling. You would need to have a trailing stop loss on your initial trade, and then as you buy each additional trade your trailing stop loss would incorporate the additional trade and move to a level where if you get stopped out you will make an overall profit. With each additional trade your trailing stop will move higher and higher for higher protected profits. The whole point behind pyramid trading is to keep buying more of a stock that keeps performing well to increase your profits. However, each additional purchase is half the previous one so that you don't eat too much into existing profits (in the case of the uptrend reversing) and so as to not overcapitalise on the one stock. So you are using part of your existing profits in an attempt to make more profits."}
{"text": " So many possible reasons here, some good, some not.   - Maybe they weren't as good at negotiating the original equity ask.   - Maybe they don't let egos get in the way of advice from a business partner.   - Maybe is about goals.  - Maybe it's random luck with a small sample size.  - Maybe it's selection bias.  - Maybe they're seeling a popular feminism trend more than a product.  Regardless, without more data and comparables, this is just fluff."}
{"text": " All of RonJohn's reasons to say no are extremely valid. There are also two more. First, the cost of a mortgage is not the only cost of owning a house. You have to pay taxes, utilities, repairs, maintenence, insurance. Those are almost always hundreds of dollars a month, and an unlucky break like a leaking roof can land you with a bill for many thousands of dollars. Second owning a house is a long term thing. If you find you have to sell in a year or two, the cost of making the sale can be many thousands of dollars, and wipe out all the 'savings' you made from owning rather than renting. I would suggest a different approach, although it depends very much on your circumstances and doesn't apply to everybody. If there is someone you know who has money to spare and is concerned for your welfare (your mention of a family that doesn't want you to work for 'academic reason' leads me to believe that might be the case) see if they are prepared to buy a house and rent it to you. I've known families do that when their children became students. This isn't necessarily charity. If rents are high compared to house prices, owning a house and renting it out can be very profitable, and half the battle with renting a house is finding a tenant who will pay rent and not damage the house. Presumably you would qualify. You could also find fellow-students who you know to share the rent cost."}
{"text": " If it is one of those debit cards you use just like a credit card without a PIN, I'd cancel it regardless of whatever you are trying to do with your finances. They just seem too dangerous to me.  Unlike a credit card, if someone makes fraudulent purchases on a debit card the money is gone from your bank account until you resolve the issue with the issue. With a credit card, the BANK is out the money until it gets worked out. My brother once had his credit card number (not the card) stolen and the criminals emptied his bank account. Eventually the bank put the money back after an investigation, but it had two really nasty side effects: 1) Dozens of checks bounced. The bank refunded the bounced check fees, but not all of the stores would.   2) He had no money in his account until it was resolved. Luckily in his case they resolved it in a few days, but he was already making preparations to borrow money to pay his rent/bills."}
{"text": " \"What exactly would the financial institution need to see to make them   comfortable with these regulations The LLC Operating Agreement. The OA should specify the member's allocation of equity, assets, income and loss, and of course - managerial powers and signature authorities. In your case - it should say that the LLC is single-member entity and the single member has all the managerial powers and authorities - what is called \"\"member-managed\"\". Every LLC is required to have an operating agreement, although you don't necessarily have to file it with the State or record it. If you don't have your own OA, default rules will apply, depending on your State law. However, the bank will probably not take you as a customer without an explicit OA.\""}
{"text": " It's absolutely going to come eventually. But making a $15 minimum will make it happen right away, and there will be a cascade effect because everyone down the line will want a raise as well, and companies will figure out how to get rid of those people as well."}
{"text": " Yea read a few books or watch some videos on YouTube on fundamental analysis and try it using excel. It's probably not what you'll be doing if you get a degree in finance, and you might even end up in accounting like I did, but its a good place to start to see if you like it or not.  It also exposes you to accounting, business, the politics of business, taxation, financial statements, EDGAR and all the other interesting and important stuff.  You might want to pick up a study guide for the CPA exam BEC. Lots of very interesting stuff in there about business in general including how the board of directors works, and taxation. It's an awesome read."}
{"text": " The best option for maximizing your money long-term is to contribute to the 401(k) offered by your employer. If you park your inheritance in a savings account you can draw on it to augment your income while you max out your contributions to the 401(k). You will get whatever the employer matches right off the bat and your gains are tax deferred. In essence you will be putting your inheritance into the 401(k) and forcing your employer to match at whatever rate they do. So if your employer matches at 50 cents on the dollar you will turn your 50 thousand into 75 thousand."}
{"text": " Considering I know people who don't give a rats ass about football but watch the Super Bowl for the halftime show, the commercials and the score, the NFL should be shelling out a big piece of those tickets to the performers and give away free ad time."}
{"text": " \"You start with an error.  &gt;a known disadvantaged minority.  This tells me that you buy into the liberal \"\"no man is responsible for himself\"\" bullshit. As you probably do not know, the poorest counties in the US are 95% white, but somehow you need to be a fucking minority to fit into your little box. [PROOF](http://dailycaller.com/2016/03/08/sanders-is-wrong-americas-poorest-counties-are-95-percent-white/)  If you would have bothered to click on the link I provided for your ass you would see that the assistance that we have been providing for 50 god damn years does not work.   In adult world we make decisions based on data, not what our social justice handlers tell us are disadvantaged minorities.. Read the links assmunch.   Here is my solution.  1.If you are willing to work and show progress we as a society will support that process. If you sit back and \"\"woe as me\"\" because you are a disadvantaged minority you can fuck right off.  2.If you as a regular person want to give them some money or start a charity because you feel bad about things we cannot measure, then fine. Has nothing to do with society owing you a thing. Life, Liberty and the Pursuit of Happiness. Not a check for 50 years, like Detroit and Baltimore.  3.Family and Church support worked pretty well until the welfare society.   **'When the people find that they can vote themselves money that will herald the end of the republic.'**  -------------Ben Franklin\""}
{"text": " My question is did the jobs that were between minimum wage and 15 scale appropriately during this time? I made 15 an hour doing roofing for a while and if this didn't cause a pay raise if do something with minimal effort."}
{"text": " Though a fan of ETFs (esp. high volume commission-free ones) recently a single, new fund VQT appeared on my radar of interest.  It's based on dynamic hedging that has sort of build-in diversification and adapts to the market climate, pulling in and out varying amounts from cash, the S&P 500 and volatility futures based on VIX. I've been Long VQT and it's followed the S&P500 during good times, though not at far, but crucially disconnected with much milder losses when the general market was nose diving.  You can lookup and compare to SPY at http://finance.google.com Not trying to give investment advice, in case that upsets some rules."}
{"text": " \"Ok, I actually went and looked at the income statements for GE. They did not get a refund. They did not get a check from the government for the refund. This all took place between the balance sheet and the income statement. It goes down like this:  GE has on their books \"\"Deferred Tax Asset\"\" for XX billion dollars. This came from a year when they had an operating loss. They are carrying this loss forward as a deduction on their taxes (that's what makes it an asset, it's an asset to the company as it decreases their taxes).  For years, they've been reducing that Deferred Tax Asset account, and adding that amount to their \"\"Income After Tax\"\" amount. At the end of 2009, the amount they reduced that Deferred Tax Asset account by just so happened to be larger than the amount they decreased their income by due to taxable income that year.  For reference, their end of fiscal year 2009 pre-tax income is $9.864B, and their post tax income is $11.006B.  No one wrote them a check for the difference. It all comes from their own books.  If anyone else wants to look at the actual data and draw their own conclusions: https://www.google.com/finance?q=NYSE%3AGE&amp;fstype=ii&amp;ei=QSxpUNi4Kc3LiQKOZw On that page, click \"\"Annual Data\"\".\""}
{"text": " I was 24 when I bought my first piece of furniture, a rocking chair at a flea market. It was $12. I shopped at Sally's aka the Salvation Army and flea markets.   Both my mid-20s nieces have fully furnished homes and their mother and I aren't even dead yet. Both of us have way more STUFF than our relatively well-off parents ever had. I never thought about us being part of a larger issue, but yeah lots of fully furnished houses will be left to kids who already have fully furnished houses."}
{"text": " \"Note - this is a complicated topic. I've read the rules multiple times and I'm still not sure I understand them perfectly. So please take this with a pinch of salt and read the rules for yourself. The time(s) at which a test is done against the LTA are known as a \"\"Benefit Crystallization Event\"\" (BCE). There are 13 of these (!) - they're numbered 1-9 with the addition of some extras numbered 5A-D. However, the most important ones for those with defined contribution pensions are: Broadly, the idea is that a BCE occurs when you start taking money out of your pension, and when you reach age 75. Each time one happens, the amount you are taking out (\"\"crystallizing\"\") gets compared against the LTA and a certain percentage of your LTA gets designated as being used. Crystallising doesn't necessarily mean you actually receive the money immediately, just that some of your money is switched into a mode where you can start receiving it in different ways. The rules are designed to avoid double counting, so broadly anything that was taken off your LTA won't be taken off a second time. The cumulative use of your LTA is tracked as a percentage rather than an absolute amount, to take account of any changes in the LTA between the different times you crystallise money. For example if you crystallise \u00a3100K when the LTA is \u00a31mn, that's 10% of your LTA gone. If later on the LTA has risen to \u00a31.1mn and you take out \u00a3110K, that's another 10%. Once you hit 100%, you start paying a LTA charge on any excess. The really simple path here is if you just get an annuity with your entire pot, before hitting age 75 (and you don't make any further pension contributions after). Then only BCE 4 applies: your pension pot, all of which is being used to buy the annuity, is compared with the LTA. After this point your entire pension pot is considered to be crystallized, so no more BCEs will apply - the tests at age 75 only apply if you still have money that you haven't taken out or used to buy an annuity. The annuity payments themselves will be subject to income tax at your normal rate at the time you receive them, i.e. 0%, 20%, 40% or 45% depending on how much other income you have. In reality most people would want to take 25% of their pot as a lump sum at the same time as buying an annuity, given that it's tax-free if you're under the LTA. At this point BCE 6 applies in addition to BCE 4, but again the overall effect of the test is pretty simple, look at the total pension pot (lump sum + cost of annuity), and if it's under the LTA you're fine. Again, at this point no more BCEs will apply as all the money is considered to have been fully distributed. If you only use part of the money for an annuity/lump sum, then only that part of the money is compared against the LTA, and the rest stays in your pension and will be compared later. The 25% limit for a tax-free lump sum applies to the total you are taking out at that point: if you have \u00a3200K and are taking out \u00a3100K, you can take out \u00a325K as a tax-free lump sum and use \u00a375K for the annuity. The other \u00a3100K stays in your pension. Many people see annuity rates as very low and will want to take on more risk (and reward) by using \"\"Drawdown\"\" for at least part of their pension. Essentially, you can designate part of your pension for drawdown, and at that point BCE 1 applies to the money you designate. Once designated, you can start drawing the money out as income, which will be taxed at your normal income tax rate at the time you receive it. Again, you can take 25% as a lump sum at this point which will be subject to BCE 6. There's also an alternative route where you put everything into \"\"flexi-access drawdown\"\" without taking any lump sum immediately, and then as you actually withdraw income, 25% is tax-free and the rest is taxed as income. The overall effect is the same, but it gives you more control over when you get the tax-free bit. However, because with drawdown you can actually leave the money in your pension and growing tax-free, there's a further test against the LTA at age 75 under BCE 5A. To avoid double-counting (\"\"prevention of overlap\"\"), the amount left in the drawdown fund at that point is reduced by whatever was previously tested against BCE 1. So if you put \u00a3150K into drawdown initially, and it's grown to \u00a3200K by age 75, then another \u00a350K will crystallise under BCE 5A. I think that if you put \u00a3150K into drawdown initially and it grows by \u00a350K, but you take that out as income so that only \u00a3150K (or less) remains at age 75, then the amount crystallising under BCE 5A is nil. Also, when money is in drawdown, you can choose to use it to buy an annuity. BCE 4 is applied at this point (if before age 75), but as with BCE 5A, this is reduced by anything that was previously crystallised under BCE 1. If you only use some of it to buy an annuity, the reduction is pro-rataed, e.g. if you started out with \u00a3150K moved into drawdown, and later it has grown to \u00a3200K and you use \u00a3100K to buy an annuity, then the reduction is \u00a375K so \u00a325K is considered to have crystallised under BCE 4. Once you reach age 75, as well as any money that's still in drawdown, anything you haven't yet crystallised at all gets tested against the LTA under BCE 5B. Broadly, once you go over the LTA, the charges are simple: There's never any explanation given for these two rates, but I think it's all based on trying to at least cancel out the benefit you got from using your pension, on the assumption that: So with the 25% charge + 20% income tax, if you take out \u00a3100, you'll end up with \u00a375 gross income, so \u00a360 net income - just the same as if you'd originally paid 40% tax. (This ignores the effect of investment growth, but if you would have saved the \u00a360 in an ISA, the end result is the same: if you had growth of say 50% over the time the money was in your pension, it'll be the same effect if you had \u00a3100 growing to \u00a3150 and now received 60% of it, or if you had \u00a360 growing to \u00a390 untaxed in an ISA.) The 55% lump sum charge is in case you are paying 40% tax when you take it out, to make sure that it's not a more attractive option than the 25%+income tax: if you have \u00a3100, either you get \u00a345 tax free via a lump sum, or you get \u00a375 gross and hence \u00a345 net. I haven't covered lots of cases here: defined benefit pensions. Roughly, when you start receiving the pension, 20x the initial income from the pension is deemed to crystallise under BCE 2 and any lump sum you receive crystallises under BCE 6. In the former case, you could end up having to pay the LTA charge with money you haven't actually got yet, and you can ask the pension administrator to instead reduce your pension to pay it. However, there are lots of special cases for defined benefit pensions, mostly for historical reasons, so you should make sure you check with your pension administrator about this. if you die before age 75, at which point the LTA test is applied via either BCE 5C/5D, or BCE 7. After paying the LTA charge if any, your dependents or whoever else you leave it to gets the remainder tax-free. transferring overseas (BCE 8). \"\"scheme pensions\"\" under BCE 2 and BCE 3 (I think these are relatively uncommon) some corner cases covered by regulations (BCE 9)\""}
{"text": " It's possible that a particular policy change would flip a company from profitable to unprofitable. It is even more likely that broader economic cycles put you out of business. Or a competitor gets a major business advantage. Or you make a bad management call.   Our government is set up to encourage moderate decisions through majority rule. The president has a lot of power for one man, but without congress he's got real limits. Even with congress, the filibuster means that the minority has some real teeth against extreme bills. This idiot is saying hey we weathered 4 years and grew under Obama including 2 of a democrat majority congress, and the worst recession in 80 years, but ANOTHER 4 years, well we just don't know."}
{"text": " Advertising in an essential tool for any sized business or individual who needs to promote their products or services. Advertising allows you to target a set group of individuals or a general population and publicize directly to them. Each business requires a different advertising strategy to complement their unique strengths and correspond with their goals."}
{"text": " It looks awesome and I wish that I had one.  There's the risk that they're losing money on the product, hoping to make it up when they sell enough units due to economies of scale. CNC units without touch screens and fancy alignment cameras cost 2k. If they don't sell enough units in time, maybe they'll have to close shop?  I worry that businesses that go to Kickstarter to get money might be doing it because everyone else that looked at their business plan turned them down. That's not always the case, of course."}
{"text": " What are the consequences if I ignore the emails? If you ignore the emails they will try harder to collect the money from you until they give up. Unlike what some other people here say, defaulting on a loan is NOT a crime and is NOT the same as stealing. There is a large number of reasons that can make someone unable to pay off a loan. Lenders are aware of the risk associated with default; they will try to collect the debt but at the end of the day if you don't have money/assets there is not much they can do.   As far as immigration goes, there is nothing on a DS-160 form that asks you about bankruptcies or unpaid obligations. I doubt the consular officer will know of this situation, but it is possible. It is not grounds for visa ineligibility however, so you will be fine if everything else is fine. The only scenario in which unpaid student loans can come up relevant in immigration to the US is if and when you apply for US Citizenship. One of the requirements for Citizenship is having good moral character. Having a large amount of unpaid debt constitutes evidence of a poor moral character. But it is very unlikely you'd be denied Citizenship on grounds of that alone.  I got a social security number when I took up on campus jobs at the school and I do have a credit score. Can they get a hold of this and report to the credit bureaus even though I don't live in America? Yes, they probably already have.  How would this affect me if I visit America often? Does this mean I would not ever be able to live in America? No. See above. You will have a hard time borrowing again.  Will they know when I come to America and arrest me at the border or can they take away my passport? No. Unpaid debt is no grounds for inadmissibility, so even if the CBP agent knows of it he will not do anything. And again, unpaid debt is not a crime so you will not be arrested."}
{"text": " eStamps NZ is the leading supplier of rubber and self inking stamps in New Zealand. Our unique online ordering platform allows you to design, modify and order your very own customised stamps online, in a matter of minutes. As the global leader in rubber stamp production, our quality is of the highest standards."}
{"text": " \"&gt; can I use venture like that in a financial context, or does it refer specifically to venture capital?  Yes, any business is a \"\"venture\"\" so to speak.   &gt; so they would receive a smaller return, yes?  POSSIBLY yes.  Mezzanine investors are, well, \"\"middle\"\" investors. They're beyond seed and venture capital, but before more \"\"late-stage\"\" private investment. That doesn't *necessarily* mean they're \"\"after a seed or venture capital investment.\"\" It can mean that, or it can simply mean the business is a little more advanced than a pure idea, or pre-revenue, etc.  Let's say a company is pre-destined to get to $100m in value IF it can secure funding. Naturally, later investors will have a smaller return. Of course, private investments are generally for smaller, younger companies, and thus are more risky, so an investor can still *lose* value in a private equity investment.  &gt; Is mezzanine investing particularly profitable?  Yes, absolutely. You have to understand, with investments in private equity, firms and individuals are often looking for a *multiple* of their investment (i.e. if an investor invests $1m, they expect $2m, $3m, etc. back). This is not necessarily for all levels of private equity, but many levels will attempt this. Generally the idea (as far as I'm aware) is a 20% IRR (which means that generally, the investment grows by 20% *compounding* yearly).   &gt; Secondly, why is dilution so important further down the road? Is it to do with valuation?  Absolutely. Let's think of our example earlier, where you, me, and Joe each own 33% at $300 total value.  If suddenly another company wants to buy ALL of our equity for $600, then we're all pretty happy. Each of us will get $200. HOWEVER, let's say Joe hadn't come along. If that other company *then* made an offer for $600, we'd both get *$300* for the company.   There's some other things about dilution too, such as the possible loss of control, but we'll save that for later.  &gt; Finally, at what point would a company aim to meet an IPO? Is it case specific, or is there a general understanding of the \"\"best time\"\"?  It's VERY case specific. In *most* cases, depending on the industry, the company will be relatively a bit older, have both revenue and profitability, and a history of operations. In some cases, companies like this will choose to *never* go IPO (such as the Big 4 auditing firms, for one, among others).   There are, of course, exceptions. Many smaller pharmacueticals are *pre-revenue* and are traded on the market. Tesla is getting revenue, but *not profitable* and it's on the markets as well. These are, naturally, riskier investments, but at least you've got liquidity to help a bit with that.   When a private equity (PE) firm is looking to exit (sell their stake) through an IPO, they will try to engineer the company to be as attractive as possible to public investors. In fact, many PE firms will stipulate specific terms, and possibly get control of the company from the owner, when they initially invest. But there's a lot that goes into it. Perhaps /u/wreckingcru or /u/Seraphinic can go into a bit more detail on PE exits as while it's my chief interest and my career goal, it's not quite where I'm at *yet.*\""}
{"text": " \"Umm...  Yes I *do* expect an Admiral to sit and type emails.  If not for \"\"work\"\" merely for occasionally sending emails to friends and family.  Not knowing how to use email also tells me that he's never shopped online or participated in a forum or any other service that requires an email address to sign up.\""}
{"text": " \"Assuming \"\"take advantage\"\" means continue to build wealth, as opposed to blow it all on a fancy holiday...  Downgrade As you already note, you could downgrade/downsize. This could happen via moving to a smaller house in the same area, or moving to an area where the cost of buying is less.  HELOC Take out a Home Equity Line of Credit. You could use the line of credit to do home improvements further boosting the asset value (forced appreciation, assuming the appreciation to date is simply market based). Caution is required if the house has already appreciated \"\"considerably\"\" - you want to keep the home value within tolerance levels for the area. (Best not to have the only $300K house on a street of $190K-ers...) Home Equity Loan Assuming you have built up equity in the house, you could leverage that equity to purchase another property. For most people this would form part of the jigsaw for getting the financing to purchase again.\""}
{"text": " I just read the article and I'm not sure if the calculation is flawed. When they look at the single stocks. Do they always reinvest the dividends to the same stock? That would be quite unusual behaviour I think.  An investor who uses the buy and hold strategy  might have a bunch of companies which won't exist anymore in 20 or 30 years e.g. coal plants.  While many stocks are a good investment now. Reinvesting all the dividends for decades is obviously a bad decision for a large portion of the stocks.  Maybe I misunderstood the article. But what do you guys think?"}
{"text": " \"The fallacy in your question is in this statement: \"\"The formulas must exist, because prices can be followed real time.\"\" What you see are snapshots of the current status of the stock, what was the last price a stock was traded at, what is the volume, is the price going up or down.  People who buy and hold their stock look at the status every few days or even every few months. Day traders look at the status every second of the trading day.  The math/formula comes in when people try to predict where the stock is going based on the squiggles in the line. These squiggles move based on how other people react to the squiggles.  The big movements occur when big pieces of news make large movements in the price. Company X announces the release of the key product will be delayed by a year; the founder is stepping down; the government just doubled the order for a new weapon system; the insiders are selling all the shares they can. There are no formulas to determine the correct price, only formulas that try to predict where the price may go.\""}
{"text": " AIUI credit cards report three main things. The potential problem with your strategy is that by pre loading you never actually get a bill and so your provider may not report your payments. Better to wait until the bill comes and then pay it in full. That ensures that your use of the card is properly reported."}
{"text": " There are a few options that I know of, but pretty much every one of them will cost more than you want to pay in fees, probably.  You should be able to write a check/cheque to yourself.  You might check with your US bank branch to see how much of a limit they'd have.  You can also use a Canadian ATM card at a US ATM.  The final option would be to use a Canadian credit card for all of your purchases in the US, and then pay the bill from the Canadian bank account.  I don't recommend the last option because if you're not careful to pay off the bill every month, you're running up debt.  Also, it's hard to pay some kinds of expenses by credit card, so you'd want a way to have cash available. Another option would be to use a service like Paypal or Hyperwallet to send yourself the money.  Again, you'd be paying fees, but these might be cheaper than what the bank would charge. There may be other options, but these are the ones I'm aware of.  Whatever you choose, look carefully at what the fees would be, and how long you'd have to wait to get the money.  If you can plan ahead a bit, and take larger chunks of money at a time, that should help keep the fees down a bit.  I believe there's also a point where you start having to report these transfers to the US government.  The number $10,000 stick in my head, but they may have changed that recently."}
{"text": " It is generally best to avoid such situations. Any credits to your accounts need to be explained to tax authorities whenever they enquire.  This cannot be treated as income as you did not work in exchange for the amount. It can be treated by tax authorities as GIFT. Gift upto certain amount is tax free. Beyond the amount its taxable. Gifts from close relatives has not amount limit and is tax free. Whenever the scrutiny happens, if you can convince the tax authorities that the action was more for convenience, it maybe fine."}
{"text": " You can and are supposed to report self-employment income on Schedule C (or C-EZ if eligible, which a programmer likely is) even when the payer isn't required to give you 1099-MISC (or 1099-K for a payment network now). From there, after deducting permitted expenses, it flows to 1040 (for income tax) and Schedule SE (for self-employment tax). See https://www.irs.gov/individuals/self-employed for some basics and lots of useful links. If this income is large enough your tax on it will be more than $1000, you may need to make quarterly estimated payments (OR if you also have a 'day job' have that employer increase your withholding) to avoid an underpayment penalty. But if this is the first year you have significant self-employment income (or other taxable but unwithheld income like realized capital gains) and your economic/tax situation is otherwise unchanged -- i.e. you have the same (or more) payroll income with the same (or more) withholding -- then there is a 'safe harbor': if your withholding plus estimated payments this year is too low to pay this year's tax but it is enough to pay last year's tax you escape the penalty. (You still need to pay the tax due, of course, so keep the funds available for that.) At the end of the first year when you prepare your return you will see how the numbers work out and can more easily do a good estimate for the following year(s). A single-member LLC or 'S' corp is usually disregarded for tax purposes, although you can elect otherwise, while a (traditional) 'C' corp is more complicated and AIUI out-of-scope for this Stack; see https://www.irs.gov/businesses/small-businesses-self-employed/business-structures for more."}
{"text": " The FDIC guarantee is up to $250,000 per depositor per insured bank. If your goal is primarily to protect your money, you may want to consider depositing your money in multiple insured banks. I'll leave it to someone else to accurately define money market accounts and how they function, and the (very low) risks you take with them. Don't forget that inflation will eat into your money. It's unlikely you'll make enough interest either in a savings account or in a money market account to cover the inflation. You should factor this in to your overall investment plan."}
{"text": " Repair TV in Los Angeles with minor problems and avoid the burden of buying new one. Mostly the cost of repair is only a fraction of new unit, so it is always advisable to fix those minor defects and enjoy watching TV without spending much."}
{"text": " I think this piece would be great with some direction and editing.  The idea of JOINING a start up can be considered a long con. You are not working for yourself nor a cause you created or developed. The pay is very low, the hours are long and the promise of equity might either never be there (Remember Zynga taking back equity?), be poorly constructed (Pay-in options are just like equity right? Right guys?) or worse, might be worthless through no fault of your own.  Where will you be if either happens? The idea that you stuck around with a company for 3-6 years in order to maximize your equity value is not only limiting, it can be career damaging. 20 year olds should be trying different careers and gaining a sea of experience. Go out and build up that all important network isn't going to happen in one place."}
{"text": " First, you are describing trickle down economics; which has been disproved.  Since, the wealth gap in America is the highest it has ever been; and continues to grow.  Second, please provide your data to backup your point of countries slipping into poverty; because, of progressive tax rates.   I will give you one example contrary to your statements:  [Sweden](https://www.theatlantic.com/business/archive/2017/09/sweden-startups/541413/)  Look it up, generous government spending (from high taxes) have the put the Swedes in a great position."}
{"text": " Renting an apartment here in Atlanta (where I live) is just as expensive (if not more) than paying own a home so it seems like a good ideas to just go for owning my own property. And I really want space for my dog. :-)"}
{"text": " Banks in New Zealand tend to take a lien that is higher than the amount of the loan, so that your only option for a second mortgage is with them. ASB wanted 50% more than the value of the loan when I had my mortgage with them. Of course, with house price inflation the way it's been in NZ, the value of your house may have outstripped the lien anyway, and you can mortgage the rest of it with anyone you like. I suspect your lawyer will need to inform the other lienholder, but you don't need their permission."}
{"text": " Immediately move your Roth IRA out of Edward Jones and into a discount broker like Scottrade, Ameritrade, Fidelity, Vanguard, Schwab, or E-Trade.  Edward Jones will be charging you a large fraction of your money (probably at least 1% explicitly and maybe another 1% in hidden-ish fees like the 12b-1).  Don't give away several percent of your savings every year when you can have an account for free.  Places like Edward Jones are appropriate only for people who are unwilling to learn about personal finance and happy to pay dearly as a result.  Move your money by contacting the new broker, then requesting that they get your money out of Edward Jones.  They will be happy to do so the right way.  Don't try and get the money out yourself. Continue to contribute to your Roth as long as your tax bracket is low.  Saving on taxes is a critically important part of being financially wise.  You can spend your contributions (not gains) out of your Roth for any reason without penalty if you want/need to.  When your tax bracket is higher, look at traditional IRA's instead to minimize your current tax burden.  For more accessible ways of saving, open a regular (non-tax-advantaged) brokerage account. Invest in diversified and low-cost funds.  Look at the expense ratios and minimize your portfolio's total expense.  Higher fee funds generally do not earn the money they take from you. Avoid all funds that have a nonzero 12b-1 fee. Generally speaking your best bet is buying index funds from Fidelity, Vanguard, Schwab, or their close competitors.  Or buying cheap ETF's.   Any discount brokerage will allow you to do this in both your Roth and regular accounts.  Remember, the reason you buy funds is to get instant diversification, not because you are willing to gamble that your mutual funds will outperform the market.  Head to the bogleheads forum for more specific advice about 3 fund portfolios and similar suggested investment strategies like the lazy portfolios.  The folks in the forums there like to give specific advice that's not appropriate here. If you use a non-tax-advantaged account for investing, buy and sell in a tax-smart way.  At the end of the year, sell your poor performing stocks or funds and use the loss as a tax write-off.  Then rebalance back to a good portfolio.  Or if your tax bracket is very low, sell the winners and lock in the gains at low tax rates.  Try to hold things more than a year so you are taxed at the long-term capital gains rate, rather than the short-term. Only when you have several million dollars, then look at making individual investments, rather than funds.  In a non-tax-advantaged account owning the assets directly will help you write off losses against your taxes.  But either way, it takes several million dollars to make the transactions costs of maintaining a portfolio lower than the fees a cheap mutual/index fund will charge."}
{"text": " That may be true but what will happen is that every carrier raises prices. In an oligopoly it will be an opportunity to act as an ensemble. So maybe after a while costs will be driven down but in the short it will probably only raise prices. And also it creates a situation where the a service that was previously accessible to all customers will now only be available to the ones willing to pay whatever the cost of an actual human behind the telephone is.  So in the short run it will only increase telecom costs. Also since having a phone or internet in something you can just opt out of everyone will be more or less forced to accept this practice. Again the oligopoly is where can find the cause."}
{"text": " Well, you can't really have it both ways. You said that they were both using the same method, but, in fact, they aren't. You can call the weighting biased, but in fact if appears that BPP is doing little or minimal weighting, and yet still is showing that prices, in general, are mapping similarly to the BLS published CPI.   Unless you're arguing an MIT 'academic conspiracy' (and even if you are), I think you've failed to make your case.  BPP is independant, it uses a different methodology, and yet the results confirm those of the BLS."}
{"text": " \"The Forbes article IRS Announces 2014 Retirement Plan Contribution Limits For 401(k)s And More spells this out pretty clearly.  For your wife - \"\"an IRA contributor who is not covered by a workplace retirement plan and is married to someone who is covered, the deduction is phased out if the couple\u2019s income is between $181,000 and $191,000.\"\" So, with your wife not covered by a 401(k), and your income below the stated limit, she can deduct the IRA contribution. When your income gets beyond that limit, she can make a non-deductible contribution and convert to Roth, if she wishes.\""}
{"text": " For some reason I really see people being more comfortable going the way of [harrison bergeron](http://www.tnellen.com/cybereng/harrison.html).  While I'm for the abilty to enhance people, sadly I feel it'd become a much more desisive way to divide the population of haves and have-nots. You can try to sugar coat it as much as you want saying it won't happen.  Company A patents Process A. Company B patents Process B and does something like Process A. Company A sues Company B and wins. Company B's product now raises in cost due to royalty payments. Both companies feel the need to keep massive war chests of money to fight over stupid shit while people suffer. Think Software Patents only in your body.  Yeah, I'd love to have some enhancements. But I don't think businesses are the ones that should develop them. WELL WHO SHOULD THEN! I don't know..."}
{"text": " In the United States Short-term capital gains are taxed at rates similar to regular income which is 25% if you make less than $91,000 and 28% if you make more than that but less than $190,000. If you make more than $190,000 then the rate is 33%. If you hold the stock for a year or more than the tax rate is 15%, unless your income is less than $33,000 in which case there is no tax on long-term gains. As a general rule, the way to make money is to stay out of debt, so I cannot advise you to assume a mortgage. Financially you are better off investing your money. Much like you I bought a house with a mortgage using about $30,000 in a down payment about 20 years ago and I paid it off a few years ago. If I had to do it over again, I would have bought a shack (a steel building) for $30,000 and lived in that and invested my income. If I had done that, I would be about $500,000 richer today than I am now."}
{"text": " There is no issue - and no question - if you get married.  The question is only relevant in the event that you go separate ways.  Should that happen, you imply that you would want to refund whatever amount your girlfriend has paid toward the mortgage. The solution, then, would seem to be to exempt her from any payments, as you will either give that money back to her (if you break up) or make her a co-owner of the condo (if you get married).  If you actually need her contributions to the monthly nut, you could give her a written agreement whereby you would refund her money (plus interest) at her discretion."}
{"text": " \"&gt; AMERICA is growing, Western Europe is stagnant, China and most of East Asia is expanding relatively quickly  So staring into the face of evidence from his own intro context that generally the more active fiscal intervention since the GFC, the better economies have fared, the author proceeds to prognosticate about impending doom for the Chinese if they don't conclusively switch &amp; stick to austerity and ignore growth to focus on hidden inflation monsters. For the US somehow everything comes down to fed monetary policy, despite the fact that 4 years of the fed's alphabet soup programs without any fiscal assistance from congress hasn't kicked the US back into preferred growth and GDP is seeming to slow back down toward recession/stagnation. And finally the eurozone is apparently most plagued by \"\"overblown public debt\"\" and government spending somehow \"\"crowding out\"\" investment that just wishes it had the chance to invest if those pesky profligate politicians would get out of the way, and maybe the countries should fork over their economic sovereignty to the ECB so they can be structurally reformed (bloodletting/grave robbing).  Just my opinion, this whole article seems like shitty oldschool/backward economic views coming out of academic economics, likely angling to be a ['very serious person' in ECB bureaucratic/advisory politics](http://www.geopolitical-info.com/en/expert/professor-enrico-colombatto). The lack of being able to comprehend &amp; adjust to real world results is just sad.\""}
{"text": " The CFA will generally take 3-4 years to finish. They test level 2 and 3 once a year and level 1 twice. They recommend approx 300 hours of studying for each level, but you can get away with less. But for you, level 1 is going to be your undergrad in finance so it shouldn\u2019t be anything outside of your normal course of study. You\u2019ll be able to save time on studying if you take it while the material is still fresh"}
{"text": " Also see who has the authority to delete bills or items on bills. This was a huge scam with some servers I've worked with. If you can delete an entire bill that was paid in cash then that's money in your pocket."}
{"text": " Are you searching out a digital advertising company in the Dubai, At search engine marketing-daddy, Digital Marketing With workplaces in Dubai and Saudi Arabia, we put in force fine practices for clients who are prepared to digital marketing startups elements into their business techniques. This takes place due to dishonorable virtual marketing dubai,search engine advertising administrations like making use of Black Hat search engine optimization control to decorate web page, pointless backing with the resource of the third birthday party referencing, using of shrouded messages and concealed connections and so on."}
{"text": " If flying business of first class allows your employee to be more productive, first class or business class is worth it. Small peas compared to the person losing a day\u2019s work due to fatigue. The ticket is worth, what, an extra $1000? A day\u2019s work for an executive is worth easily double that. And if you are flying multiple times a week on a regular basis, the extra comfort is well worth the cost."}
{"text": " &gt;if the Millenials are still hard up for work), then employers will likely defer to candidates that they deem to be more mature.  Realistically, they would likely think the younger one is more mature.  Reason being, a Gen Y'er that has been unemployed for a while, companies make the assumption that there must be something wrong with them if noone hired them.  Not special to Gen Y though.  Anyone who is unemployed for a long period of time they make that assumption.  The longer you are unemployed, the less likely companies want to hire you, it's a vicious circle."}
{"text": " I believe you may be missing the point here. It appears(and they don't really verify this) that before BofA took over the loan, the homeowners were not using an escrow account. I know this is possible because i had the option of using one or not when i bought my house. So it seems that once BofA took over they automatically created an escrow account and when the normal payments the homeowners were making didn't cover the total monthly balance, they took it out of the payment specifically for the mortgage.   So, according to THIS story, its not sensational bullshit. This would be the bank creating an issue. That is, according to the facts that are presented in the article, which may not be the whole story....  Edit- spelling &amp; grammar"}
{"text": " Two companies I worked for in the DC area also did WageWorks. The commuting money could be used for the Subway, Bus, and commuter rail. A separate pot of money was used for parking.  We had to estimate the amount of money that would be used the next month. We had to decide by mid-June how much we would spend in July. The money was automatically added to the metro fare card on the first business day of the month. When I first started they put the money on a special debit/credit card that could only be used at commuter system. It would be rejected at the department store. If parking couldn't be paid using a special card, there was a way to claim the money with or without receipts. If the company, like the US Government does for their employees, paid the commuting expenses any excess funds at the end of the month were pulled back from the card. They were just starting to do this in 2012 for employee pre-tax funds. They were supposed to add it to your next paycheck any excess at the end of the month. There was also a way to use post tax funds from your paycheck so that all your commuting expenses could be on one card. Of course any post-tax funds would be left on the card. There was no real way for them to audit this because the system would never know if you were going to work or going to the dentist. I ended up using two cards, one for work and one for non-work usage."}
{"text": " While true, I don't have capital.  The VC does.  And while whatever my product is is in development, I'm haemorrhaging that capital on things like food and rent.  If I want to make more, my startup is put on hold while I find some paid work.    The dollar signs are an incentive for the VC to help make your business a success."}
{"text": " According to the New York Attorney General's Tenants' Rights Guide: Landlords, regardless of the number of units in the building,   must treat the deposits as trust funds belonging to their tenants and they may not co-mingle deposits with their own money. Landlords of buildings with six or more apartments must   put all security deposits in New York bank accounts earning   interest at the prevailing rate. Each tenant must be informed   in writing of the bank\u2019s name and address and the amount of   the deposit. So you have to keep it separate, you can't spend it, and if you own more than six units, you have to put it in a bank account.  (The guide goes on to explain that the interest should be paid to the tenant.)"}
{"text": " \"The editorial highlights some reasonable reforms-- consistent and transparent pricing--- and then seemingly takes a left turn. This concept or \"\"cutting out the middle man\"\" is a fantasy born of a time when local doctors provided affordable but limited care to a limited population. It's been a hollow talking point perpetuated by industry lobby in response to single-payer proposals. Keeping health care between patient and doctor doesn't address the key reasons why health insurance exists in the first place.   The author suggests government-funded escrow accounts for those who can't afford the cost of healthcare. What about those just above the needs-tested cutoff? It seems that this approach disregards and therefore punishes the middle class. Must those with chronic illness become indigent before the government will assist in their care? The point of insurance is that when you get sick, you aren't left spending your life savings on medical care. Level and transparent pricing doesn't change the fact that certain treatments are still going to be expensive. The auto insurance comparison always frustrates me because people are not cars. If your car is breaking down every 30 miles, you can take out a loan and get a new car. A new body, not so much. Furthermore, every auto insurance claim raises your premium. All of this amounts to a tax on sick people.   Single payer or even Medicaid for all (who want it) means the government has enormous pool of patients (or consumers if you wish) with which to negotiate pricing. Do you really think St. XYZ Hospital is going to cut you, an individual, a deal for no reason? Where is the leverage? Particularly in the case of emergencies?  It isn't perfect, but politicizing and misconstruing the tragic case of a brain-dead infant does not strengthen your argument. Charlie Gard's case was not a matter of death panels; it was a matter of heartbroken parents in denial that their children was not going to get better. It's indeed an ethical quandary and no doubt a tragedy, but the hopelessness of the situation was not dictated by a heartless government but by health care professionals.   This is much more than I wished to say initially, but I am tired of seeing simplified fantasy being sold as panacea for what is an extremely complicated subject. Also, I'm not a public policy scholar, but I think I've done a better job than the author.\""}
{"text": " If you just make a capital contribution to the company it is not a taxable event.  If you're the owner, lending only makes sense if you want the company to pay you interest (if you have partners who aren't lending money, for example) and you want to be compensated for lending, a loan would allow that. But the interest is taxable as income to you (1099-int) and the company can expense it. But a capital contribution is much easier and you can take a distribution later to get paid back. Neither event is taxed, but you cannot take interest."}
{"text": " There are a number of ways you could do this. The first step is to work out what a fair price is. Either make an estimate that you both accept, possibly getting a real estate agent to give you a free evaluation, or get a professional evaluation from some you both accept. Once you have a valuation, the simplest of course is to pay your brother that value (in return for his transferring his ownership to you). Hopefully you have that much money in savings. If you don't have that money (but do have income) you may need to take a mortgage, which would put your home at risk. If the pollution you speak of hasn't been fixed a mortgage may be out of the question. An alternative, if you have income, and your brother doesn't need the money right now, is to make the money you owe him for the house a loan from him to you. He transfers his ownership of the house to you, you pay him its value, but he simultaneously loans you that exact same amount. No actual money needs to change hands. You would make him a regular payment, essentially the interest on that loan, and also make an agreement to pay off the principal of the loan (i.e. the value of the house) when the house is sold, or when you pass away. While you could do this informally if everyone agrees, it would be much better to make a legal agreement, so that everybody is exactly sure what they are expecting."}
{"text": " You are confusing manufacturing cost and listed price. They are being sold for less than listed price. There is no way they are being sold for 1/3rd of manufacturing cost. They could be sold for less than manufacturing cost but future support will be factored into that sale so they would still be a loss leader."}
{"text": " That's pretty typical for introductory problems.  It's leading you into an NPV question.  They're keeping the cash flows the same to illustrate the time value of money to show you that even though the free cash flow is the same in year 1 and year 4 or whatever when you discount it to present value today's stream is worth more than tomorrow's"}
{"text": " In my experience, Millennial's fundamentally distrust the the efficiency and efficacy of most of what is marketed in the modern economy.  By the time you take the investors, marketers, and executive cut out of a modern product sale, there is simply nothing left to actually deliver a quality product, thus cheap, intentionally faulty shit is sold instead as a planned obsolescent solution.  The generations raised under television as the pinnacle of marketing are _utterly oblivious_ to this form of silent inflation around them, but their kids notice how futile and wasteful their 'constantly repurchase the same substandard shit' consumer culture has become.  And they're doing everything they can not to participate, because being manipulated to buy bullshit resembling historic products that were actually functional sucks."}
{"text": " It depends on what you are looking for in the investment. Sharpe is generally used when you are choosing among portfolios(mutual funds, hedge funds, ETFs, etc.) to be the optimal risky portfolio. Treynor is typically used when deciding which security will be added to your portfolio. And the information ratio (alpha/residual standard deviation) is used when deciding which one you will add to a passive portfolio. Also don't forget, when analyzing a stock you need to look at the fundamentals. I hope this helps. And correct me if I'm wrong any you more experienced guys."}
{"text": " \"No, getting a liberal arts degree at a non-prestigious university is worthless. You can graduate from an Ivy League school or LAC equivalent with a degree in history/philosophy/English/etc. and go work on Wall Street or in MBB consulting.   There very few fields where you have to be able to step in day 1 and have great technical knowledge. Mostly your degree and school are about signalling* that you can learn what's thrown at you.   EDIT: \"\"Signalling\"\" and typos I couldn't correct on my phone.\""}
{"text": " \"Extrinsic value is not a factor with respect to gold.  Intrinsic value by definition is the natural value of a commodity set by the market -- extrinsic value is externally set. The \"\"extrinsic\"\" value of gold in the United States is $50/oz. If the market value of gold fell below $50/oz, a US American Eagle coin would be worth $50 in the US. If you take away the attributes that make a commodity valuable, the value drops. Substitutes of equal or better quality for most industrial or other uses of gold exist, so if if the popularity of gold declines, or if the hoarders of gold have to liquidate, it's value will diminish. I have no idea what that value would be, but it would set by the market demand for gold jewelry and other valuable industrial uses.\""}
{"text": " Your quote: There's about 10 trillion in gold  and about 2.8 trillion of US cash  in the world. Neither of these is anywhere large enough to be used for all the transactions in the world.  So how was it commercial banks could lend like crazy for home mortgages??  M1 remaind constant throughout the decade and years , if frac multiplier effect was the cause for m2, why wasn't it until the 2000s that m2 became exponential?   Commercial Banks able to create credit and lend out of thin air to customers thanks to deregulation that caused m2 to explode.  They didn't need no FED.  They didin't need no reserves.  They were able to act regardless of the FED.  The FED responded to them, instead of the other way around.    Before deregulation banks didn't bother creating too much credit loans coz it was too dangerous, they were mostly utilty banks.   After deregulation, creation of exotic derivatives, low interest rates, and high speed internet globalized digital trading,  they went crazy creating credit out of thin air coz it wasn't dangerous because they could sell the home loans."}
{"text": " \"HFTs, that serve no purpose other than to make themselves money, pay a premium to the enthusiastically complicit exchanges for the privilege of scalping those that do not. Their profits are not the result  of any \"\"growth\"\" or \"\"service rendered\"\". Their profits are the result of a completely unnecessary tax on the system that amounts to theft out of the pockets of regular investors. Which part did I get wrong?  I'm just a guy with a considerable portion of my retirement in an employer 401k, who's not thrilled about losing *any* compounding interest to these parasites. I'm not shilling for anybody. On the other hand, one has to wonder what has guys like you so upset about IEX.\""}
{"text": " \"For sure, the engineer was told to do that by someone in management who was told to do that by someone higher in management.   So, in the trial, the engineer did not say who told him/her to do that?  P/S: for a VERY LARGE sum of money, I will go for 3 years in white-collar \"\"prison\"\" and not say who told me to do that.\""}
{"text": " For the second part, no most NYSE trades are done electronically."}
{"text": " We offer a far reaching scope of services including review and affirmation, bookkeeping, duty and business admonitory to customers extending from little nearby customers to huge multinational organizations. Further, through our VALIS Group Inc participation, we can join nearby mastery with the information and experience of individual VALIS Group Inc individuals around the world. The procedure Same day company formation of organization fuse in Wilmington, DE doesn't take long if every one of the reports are legitimately submitted and it can last half a month. The outside business visionaries must pick the correct sort of organization to build up considering different perspectives, for example, the offer capital, the destinations and the aggregate number of shareholders."}
{"text": " These boxes are prepared in such a way that you cannot fold them like carton box. They are used mostly for packaging the high-quality and heavy products where perceived value is important. An example of rigid box is an Iphone."}
{"text": " \"To answer your question point by point - I'd focus on the last point. The back of my business card -  Let's focus on Single. The standard deduction and exemption add to over $10K. I look at this as \"\"I can have $250K in my IRA, and my $10K (4%) annual withdrawal will be tax free. It takes another $36,900 to fill the 10 and 15% brackets. $922K saved pretax to have that withdrawn each year, or $1.17M total.  That said, I think that depositing to Roth in any year that one is in the 15% bracket or lower can make sense. I also like the Roth Roulette concept, if only for the fact that I am Google's first search result for that phrase.  Roth Roulette is systematically converting and recharacterizing each year the portion of the converted assets that have fallen or not risen as far in relative terms. A quick example. You own 3 volatile stocks, and convert them to 3 Roth accounts. A year later, they are (a) down 20%, (b) up 10%, (c) up 50%. You recharacterize the first two, but keep the 3rd in the Roth. You have a tax bill on say $10K, but have $15K in that Roth.\""}
{"text": " It's a trade off either way - spread our stuff around and more people see precisely what we're doing. China was going to invest in developing this anyhow.   Not clear at all to me which is better or worse for our security - though this outcome probably pisses off our defense contractors."}
{"text": " Don't ever, ever, ever let someone else handle your money, unless you want somebody else have your money. Nobody can guarantee a return on stocks. That's utter bullshit. Stock go up and down according to market emotions. How can your guru predict the market's future emotions? Keep your head cool with stocks. Only buy when you are 'sure' you are not going to need the money in the next 10 years. Buy obligations before stocks, invest in 'defensive' stocks before investing in 'aggressive' stocks. Keep more money in obligations and defensive stock than in aggressive stocks. See how you can do by yourself. Before buying (or selling) anything, think about the risks, the market, the expert's opinion about this investment, etc. Set a target for selling (and adjust the target according to the performance of the stock). Before investing, try to learn about investing, really. I've made my mistakes, you'll make yours, let's hope they're not the same :)"}
{"text": " &gt;In this trial, U.S. District Judge Lawrence K. Karlton, over the government\u2019s strenuous objection, allowed testimony meant to show that the lenders in the two transactions at issue \u2013 Aegis Wholesale Corp. and Greenpoint Mortgage Funding \u2013 didn\u2019t care whether information on the applications was true or false.  &gt;Under those circumstances, the defense argued, the information was not material because, either way, the loan would have been approved.  [...]  &gt;William Black, who boasts long academic and regulatory careers, was a key expert witness for the defense, again over Coppola\u2019s objection. Black is an associate professor of economics and law at the University of Missouri, Kansas City, and the \u201cdistinguished scholar in residence for financial regulation\u201d at the University of Minnesota\u2019s School of Law.  &gt;His testimony purportedly connected the fraud in the Sacramento case directly to the lenders, and he explained to the jury why the false information on the applications had no bearing on lending decisions.  &gt;\u201cThis is the first time that the overwhelming fraud at the banks has been discussed in a criminal courtroom by the person with the greatest expertise on the issue, William Black,\u201d said defense lawyer Toni White after the verdict.  &gt;\u201cProsecutors have refused to criminally prosecute the elite bankers responsible for the mortgage crisis that decimated our economy. The jurors heard shocking testimony from \u2018control fraud\u2019 expert William Black that regular people who got loans they were unable to pay back did not (defraud) the banks. The elite bankers commit the fraud while prosecutors look the other way and prosecute the wrong people.\u201d"}
{"text": " There's a bit of working backwards that's required.   This is a summary of a spreadsheet I wrote which helps to get to the answer. What you see here is that at age 25, one might have saved about a half year's salary, assuming they worked 5 years. The numbers grow exponentially to at 65, about 15 years salary saved. This will allow a withdrawal of about 60% final income each year using the 4% guideline. More will come from Social Security in the States to get closer to 100%. The sheet start with assumptions, a 10% per year rate of saving, and an 8% annual return. Salary is assumed to rise 3% per year. One can choose their age, enter their current numbers and their own assumptions. I had to include some numbers and at the time, 8% seemed reasonable. Not so sure today. What I do like is the concept of viewing savings in terms of 'years salary' as this leads to replacement rate. Will $1M be enough for you? Only you can answer that. But the goal of 80-100% replacement income is reasonable and this sheet can be used to understand the goals along the way. (note, the uploaded sheet had 15% saving rate, not the 10 I thought. I used 15 to show a 10% saving along with a 5% match to one's 401(k). Those interested are welcome to enter their own numbers. The one objection I've seen is the increase to salary. Increases tend to be higher in the first 20 than the second, or so I'm told.)"}
{"text": " \"Donbey since you mention your expenses are very low, I'm going to assume that social security will cover your expenses once you qualify for it.  Since you have no savings currently the first and most important job for this money is to make sure that you can live comfortably until social security kicks in.  Social security could start for you as early as 62 so you need to set aside at least two years worth of money plus another chunk as a safety measure. Also, if you don't have health insurance please look to get a plan through your local ACA exchange as not having health insurance is by far the most common way someone your age ends up bankrupt.  Insurance will eat up a good chunk of the money, but will be much cheaper after the first year if you continue to have no income. Now, if your expenses are low enough, you can look to use this money to delay when you start taking social security as long as possible as the longer you delay social security the more money you get.  The AARP has a calculator where you can see how much more per year you will get from social security if you delay taking it as long as you can.  This is a great way to insure you live as comfortably as possible even if you live to 120.  Assuming you are reasonably healthy, this is a very secure and very meaningful way to \"\"invest\"\" this windfall. Once you have set aside the money for your expenses, emergencies, health care and delaying social security in a combination of checking and high-yielding savings accounts, yhen it can be in your interest to invest any remaining amount.  Common, solid, low-risk investments for a 10+ year time frame would be either: While Glen is correct that it is possible for even the best bond fund to lose money it is rather unlikely that you will end up losing money over a period of 10 years.  The nice thing about the bond fund is that most funds (find the right one) don't charge a fee if you need to need to take your money out early.  CDs guarantee that you won't lose your money, but if you have to take the money out in an emergency the fees will eat up way more money than a bond fund would normally lose.  Also, a good bond fund will generally yield a bit more than a CD. Investing in stock is generally much too risky for this sort of time frame without large savings to back it up.\""}
{"text": " Yeah, pretty much. Most hotels will have a long-term rate that's much cheaper if you're staying weeks, or months at a time - however it's not something that they highly publicize because otherwise normal hotel guests can feel that they're being overcharged. The weekly rate usually applies to bookings longer than three weeks, and the monthly rate for those more than three months. The place I stayed at also had 6 monthly and 12 monthly rates which were even less again - and I knew some people who had been living there for 2-3 years.  Although I guess it depends on your budget, when you compare the rates of corporate/short-stay accommodation you can sometimes get a better deal from a hotel if you just call and negotiate something. There was an article I read about this a few years back on some dude who started doing this because it worked out cheaper than keeping a permanent place in London and a place in NY - but I can't for the life of me find it now!"}
{"text": " \"I just heard a lot of \"\"They should have known better\"\" lately. On an individual basis there are no excuses for borrowing more than you can pay. However if that many people do it all at the exact same time in dealings with the exact same person, I think it's safe to say the person the are all dealing with might be working against their customers best interests.\""}
{"text": " \"Oh, how about something like \"\"I'd rather not. It exposes me to more   financial liability than I want. If   you were in the hospital, or some   emergency like that, it might be   different, but...\"\"\""}
{"text": " \"keeps telling me that she'll be in a difficult position if I quit.  \"\"And she promised me that she will put me in contact with different people if I do well (she used to work in IBD)\"\"  Let me translate.  Your boss doesn't care about you and will do or say anything necessary to keep you.  Sorry that's a bit blunt, but this is what management does.  If you leave and pursue IBD, they will respect that and help you whether you stay or not...unless they don't give a shit.  You need to do what's best for you.  You can very easily say \"\"I don't think this is the best place for me to learn X, I need to go to Y company to achieve this.  It took me Z weeks to learn this\"\"   Of course this doesn't apply if you've known this person for years beforehand, but I'm 95% sure this is what you need to be aware of. Management sucks when you aren't in their \"\"club,\"\" (which it sounds like you're not) it's a part of life.\""}
{"text": " This isn't super specific to your question, but I'd recommend that you invest a ton of time in practice questions (then review the answers to the ones you got wrong). This is a good strategy for most exams, but it's particularly true for the Series 7, as the S7 is notorious for using questions on the actual exam that are almost identical to practice questions. I was amazed at how many questions I recognized almost word-for-word when I took it.   I recently took my CFP test, so I'm pretty brushed-up on testing concepts and that sort of thing right now. If you are running into anything in particular, feel free to PM me!"}
{"text": " For some reason i always thought there were more women then men in this world. Turns out I was wrong so technically they are a minority : The value for the entire world population is 1.01 males/female, with 1.07 at birth, 1.06 for those under 15, 1.02 for those between 15 and 64, and 0.78 for those over 65.   Source : https://en.m.wikipedia.org/wiki/Human_sex_ratio"}
{"text": " Some companies allow you to make a post-tax contribution to the 401K. This is not a Roth contribution. This can be money beyond the 18,000 or 24,000 401k limit. The best news is that eventually that money can be rolled into 1 Roth-IRA. Not all companies allow this option. One company I worked for did this automatically when you hit the annual max. Of course that was made more complex if you had multiple employers that year."}
{"text": " An edge meaning the person would be smarter in the subject they enjoy so they can excel in a specific job for the detail that they excel in. Software Engineers are a good example. Someone with a normal intelligence level would fall on their face in the real world. A normal person can learn how to code, but being able to think outside the box in the right ways is what makes a software engineer special. Only people who are gifted+ can really excel and a high majority love it so much it borders autism.  And the thing most people don't understand about autism is for most it is only in children. After a certain age they appear normal. They are not the disabled or have a disability, just that they specialize in something far more than the average person does."}
{"text": " While in the interview stage you need one good outfit. Take care of them and they will see you through this stage of the process. Shoes, ties, shirt, and a suit can all be purchased on sale. The fact that you have months before graduation give you time to purchase them when there is a sale.  Off-the-rack is good enough for a suit for this stage of your life. There is no need to go custom made when you are just starting out. In fact you may find you never need more than one or two suits, and they never need to be custom made."}
{"text": " \"http://www.interactivedata.com -&gt; reference data  No, it's not free. Nor would I consider it \"\"high quality\"\".  For free data, try the Yahoo Finance API.  The data you want is there, though you may need to calculate some of the fields yourself.  Once you have your application working with free data you will be in a good position to evaluate whether it's worth it to shift to more detailed non-free data.\""}
{"text": " \"Here are my reasons as to why bonds are considered to be a reasonable investment. While it is true that, on average over a sufficiently long period of time, stocks do have a high expected return, it is important to realize that bonds are a different type of financial instrument that stocks, and have features that are attractive to certain types of investors. The purpose of buying bonds is to convert a lump sum of currency into a series of future cash flows. This is in and of itself valuable to the issuer because they would prefer to have the lump sum today, rather than at some point in the future. So we generally don't say that we've \"\"lost\"\" the money, we say that we are purchasing a series of future payments, and we would only do this if it were more valuable to us than having the money in hand. Unlike stocks, where you are compensated with dividends and equity to take on the risks and rewards of ownership, and unlike a savings account (which is much different that a bond), where you are only being paid interest for the time value of your money while the bank lends it out at their risk, when you buy a bond you are putting your money at risk in order to provide financing to the issuer. It is also important to realize that there is a much higher risk that stocks will lose value, and you have to compare the risk-adjusted return, and not the nominal return, for stocks to the risk-adjusted return for bonds, since with investment-grade bonds there is generally a very low risk of default. While the returns being offered may not seem attractive to you individually, it is not reasonable to say that the returns offered by the issuer are insufficient in general, because both when the bonds are issued and then subsequently traded on a secondary market (which is done fairly easily), they function as a market. That is to say that sellers always want a higher price (resulting in a lower return), and buyers always want to receive a higher return (requiring a lower price). So while some sellers and buyers will be able to agree on a mutually acceptable price (such that a transaction occurs), there will almost always be some buyers and sellers who also do not enter into transactions because they are demanding a lower/higher price. The fact that a market exists indicates that enough investors are willing to accept the returns that are being offered by sellers. Bonds can be helpful in that as a class of assets, they are less risky than stocks. Additionally, bonds are paid back to investors ahead of equity, so in the case of a failing company or public entity, bondholders may be paid even if stockholders lose all their money. As a result, bonds can be a preferred way to make money on a company or government entity that is able to pay its bills, but has trouble generating any profits.  Some investors have specific reasons why they may prefer a lower risk over time to maximizing their returns. For example, a government or pension fund or a university may be aware of financial payments that they will be required to make in a particular year in the future, and may purchase bonds that mature in that year. They may not be willing to take the risk that in that year, the stock market will fall, which could force them to reduce their principal to make the payments. Other individual investors may be close to a significant life event that can be predicted, such as college or retirement, and may not want to take on the risk of stocks. In the case of very large investors such as national governments, they are often looking for capital preservation to hedge against inflation and forex risk, rather than to \"\"make money\"\". Additionally, it is important to remember that until relatively recently in the developed world, and still to this day in many developing countries, people have been willing to pay banks and financial institutions to hold their money, and in the context of the global bond market, there are many people around the world who are willing to buy bonds and receive a very low rate of return on T-Bills, for example, because they are considered a very safe investment due to the creditworthiness of the USA, as well as the stability of the dollar, especially if inflation is very high in the investor's home country. For example, I once lived in an African country where inflation was 60-80% per year. This means if I had $100 today, I could buy $100 worth of goods, but by next year, I might need $160 to buy the same goods I could buy for $100 today. So you can see why simply being able to preserve the value of my money in a bond denominated in USA currency would be valuable in that case, because the alternative is so bad. So not all bondholders want to be owners or make as much money as possible, some just want a safe place to put their money. Also, it is true for both stocks and bonds that you are trading a lump sum of money today for payments over time, although for stocks this is a different kind of payment (dividends), and you only get paid if the company makes money. This is not specific to bonds. In most other cases when a stock price appreciates, this is to reflect new information not previously known, or earnings retained by the company rather than paid out as dividends. Most of the financial instruments where you can \"\"make\"\" money immediately are speculative, where two people are betting against each other, and one has to lose money for the other to make money. Again, it's not reasonable to say that any type of financial instrument is the \"\"worst\"\". They function differently, serve different purposes, and have different features that may or may not fit your needs and preferences. You seem to be saying that you simply don't find bond returns high enough to be attractive to you. That may be true, since different people have different investment objectives, risk tolerance, and preference for having money now versus more money later. However, some of your statements don't seem to be supported by facts. For example, retail banks are not highly profitable as an industry, so they are not making thousands of times what they are paying you. They also need to pay all of their operating expenses, as well as account for default risk and inflation, out of the different between what they lend and what they pay to savings account holders. Also, it's not reasonable to say that bonds are worthless, as I've explained. The world disagrees with you. If they agreed with you, they would stop buying bonds, and the people who need financing would have to lower bond prices until people became interested again. That is part of how markets work. In fact, much of the reason that bond yields are so low right now is that there has been such high global demand for safe investments like bonds, especially from other nations, such that bond issues (especially the US government) have not needed to pay high yields in order to raise money.\""}
{"text": " The problem with predicting with accuracy what a stock price will do in any given situation is that there are two main factors that affect a stocks price. The first factor is based somewhat in math as it takes into account numbers such as supply and demand, earnings per share, expected earnings, book value, debt ratio and a wide variety of other numbers. You can compile all those numbers into a variety of formulas and come up with a rational estimate of what the stock should sell for. This is all well and good and if the market were entirely rational it would rarely make news because it would be predictable and boring. This is where our second factor throws a wrench in the works.  The second factor affecting stock price is emotional. There are many examples of people's emotions affecting stock price but if you would like a good example look up the price fluctuations of Apple  (AAPL) after their last couple earnings reports. Numerically their company looks good, their earnings were healthy, their EPS is below average yet their price fell following the report. Why is that?  There really isn't a rational reason for it, it is driven by the emotions behind unmet expectations. In a more general sense sometimes price goes down and people get scared and sell causing further decline, sometimes people get excited and see it as opportunity to buy in and the price stabilizes. It is much more difficult to anticipate the reaction the market will have to people's emotional whims which is why predicting stock price with accuracy is near impossible.  As a thought along the same line ask yourself this question; if the stock market were entirely rational and price could be predicted with accuracy why is there such a wide range of available strike prices available in the options market?  It seems that if stock price could be predicted with anything remotely reassembling accuracy the options market need a much smaller selection of available strike prices."}
{"text": " A computer is a special case because the IRS thinks that you might be using it for personal applications.    You may need to keep a log, or be able to state that you also have another computer for non-business use. That said, if your schedule C shows a small profit then you don't need to itemize expenses, just state the total."}
{"text": " \"&gt;Mike Pence Sums up Trumpcare Perfectly: \"\"No Money, No Healthcare\"\"  He never fucking said that.  Here's his actual tweet:  &gt;Before summer\u2019s out, we'll repeal/replace Obamacare w/ system based on personal responsibility, free-market competition &amp; state-based reform  If you want to draw \"\"No Money, No Healthcare\"\" as a conclusion, fine, but you can't assign it as a quotation to Mike Pence if he never said it. I have no love for Mike Pence, but I do respect the laws of punctuation and basic journalistic integrity.  If someone is really that bad, which he likely is, then you should be able to damn him for what he actually says or does. You shouldn't have to resort to simply making shit up.\""}
{"text": " \"Realize that some friends are a bad influence, and maybe aren't really \"\"friends\"\". Don't be afraid to say \"\"sorry, I can't make it tonight\"\".  Don't be afraid to go out shopping and not buy anything.  Make sure they know why (Too much Credit Card Debit, saving for a house, etc).  If your habits suddenly change with no explanation, they may think you are dissing them.  But if you explain your reasons, they will probably support you (if they are real friends).  In fact, they probably have the same money issues.   Suggest lower-cost alternatives to hanging out.  Instead of going out, suggest they come over to your place and watch a movie, play board games, Wii, etc.  You can have snacks at your place.  Alcohol is a lot cheaper when you pour it yourself!\""}
{"text": " I think the key here is 'at any age'. Yes it's not surprising that for demographics who have been in the workforce for a while, $100k won't get you near the top (i.e. Ages 30+).   However, what can be surprising is that even at age 25, $100k isn't enough to get you in the top 1%. So what more of the masses that don't earn anywhere near that number?"}
{"text": " Is it inevitably taxed by the government? Which government? Tax treatment of familial loans varies greatly be jurisdiction. What is proper documentation procedure? If you want to get paid back, definitely a lawyer ... each. Is it better to ask several family members to help contribute so each person loans less? Or is it taxed the same? If this is only a tax issue then see above. If it is a means of spreading risk then sure."}
{"text": " \"In this scenario the date of income is the date on which the contract has been signed, even if you received the actual money (settlement) later. Regardless of the NY special law for residency termination - that is the standard rule for recognition of income during a cash (not installments) sale. The fact that you got the actual money later doesn't matter, which is similar to selling stocks on a public exchange. When you sell stocks through your broker on a public exchange - you still recognize the income on the day of the sale, not on the day of the settlement. This is called \"\"the Constructive Receipt doctrine\"\". The IRS publication 538 has this to say about the constructive receipt: Constructive receipt.   Income is constructively received when an   amount is credited to your account or made available to you without   restriction. You need not have possession of it. If you authorize   someone to be your agent and receive income for you, you are   considered to have received it when your agent receives it. Income is   not constructively received if your control of its receipt is subject   to substantial restrictions or limitations. Once you signed the contract, the money has essentially been credited to your account with the counter-party, and unless they're bankrupt or otherwise insolvent - you have no restrictions over it. And also (more specifically for your case): You cannot hold checks or postpone taking possession of similar   property from one tax year to another to postpone paying tax on the   income. You must report the income in the year the property is   received or made available to you without restriction. Timing wire transfer is akin to holding and not depositing a check, from this perspective. So unless there was a restriction that was lifted after you moved out of New York, I doubt you can claim that you couldn't have received it before moving out, i.e.: you have, in fact, constructively received it.\""}
{"text": " TD now has crossborder banking so you can set up a no-fee no-interest USD account with Tdbank.com and transfer money and pay bills in the US. You just need a minimum balance of $100. I might try Paypal before going that route though."}
{"text": " \"I used to manage a start-up fast-casual restaurant that was owned by the largest franchisers of a non-related coffee shop. None of the guys that owned the coffee shop or my restaurant had gone to school for business management. The most they'd done is advertising (and frankly they were shit at it).   &amp;nbsp;  90% of what you need to run a successful business is going to be on the front end. Knowing how to manage employees, balance your labor hours with your revenue, knowing how and when to utilize different food products, knowing trends in the area, and being able to take all of that and apply it to a crowd of people who are predominantly going to be younger employees that don't has nearly as much vested in it as you. Good management is consistency and nit-picking. You have to drill the same thing, over and over, until it becomes muscle memory.   &amp;nbsp;  Have you tried talking to the owners about franchising? I'm assuming this isn't a franchise and is just a private shop. Being able to franchise this caf\u00e9 will not only give you the support you need from experienced professionals to run the same business but will also allow you to build on the customer base they've grown. You can come to the table with, \"\"I'll put XX in, pay you XX in royalties, and I want to have a say in the business operation as a primary franchisor.\"\"\""}
{"text": " IBM have been irrelevant to most developers for many years. MS are realising OSS has won and they are flocking to it. They are contributing to linux, even making their own distro, docker, kubernetes and have open sourced a heap of software including .net  They realise they need to win over developers and customers"}
{"text": " \"You can do either a 1099 or a W-2.  There is no limitations to the number of W-2s one can have in reporting taxes.  Problems occur, with the IRS, when one \"\"forgets\"\" to report income.  Even if one holds only one job at a time, people typically have more than one W-2 if they change jobs within the year. The W-2 is the simplest way to go and you may want to consider doing this if you do not intend to work this side business into significant income.   However, a 1099 gig is preferred by many in some situations.  For things like travel expenses, you will probably receive the income from these on a 1099, but you can deduct them from your income using a Schedule C.  Along these lines you may be able to deduct a wide variety of other things like travel to and from the client's location, equipment such as computers and office supplies, and maybe a portion of your home internet bill.  Also this opens up different retirement contributions schemes such as a simplified employee pension.   This does come with some drawbacks, however.  First your life is more complicated as things need to be documented to become actual business expenses.  You are much more likely to be audited by the IRS.  Your taxes become more complicated and it is probably necessary to employee a CPA to do them.  If you do this for primary full time work you will have to buy your own benefits.  Most telling you will have to pay both sides of social security taxes on most profits.  (Keep in mind that a good account can help you transfer profits to dividends which will allow you to be taxed at 15% and avoid social security taxes.) So it really comes down to what you see this side gig expanding into and your goals.  If you want to make this a real business, then go 1099, if you are just doing this for a fes months and a few thousand dollars, go W-2.\""}
{"text": " Short-term it will not help, it will actually hurt your credit score. Long-term, it will help for a couple of reasons: The mix that others refer to is mortgage and auto loans which do not count as revolving credit. A mortgage will help more than a credit card in this case, but may not make sense in your circumstances."}
{"text": " It's really not possible to know what your best investment strategy is without knowing more about you, which isn't the place of a site like this. However I'll make some general comments about insurance policies as savings. Insurance policies are extremely inflexible. They lay down specific payments, and specific returns that you will get back. However typically if you don't follow the shcedule of payments laid down, you will lose almost all the benefit of the investment. Since you say you are a beginner, I'll assume you are young too. Maybe in a few years you will want to buy a house, or a nice car, or get married, or put money into some other investment opportunity. If you are committed to making  insurance policy payments you will have less available for the other things you want to do. Related to this is the 'estimated returns'. You say the 'nonguaranteed bonus is around 3.75%-5.25%'. But because an insurance policy locks you in, if it turns out that it's the low end of that - or worse - you can't get out, even if other investments are outperforming it."}
{"text": " As you see these types of hacks escalate year after year with more and more consequences, at what point does the public realize that collecting immense volumes of personal data in a giant honeypot centralized repository is a bad idea?  There is a fundamental difference systemic risk and compartmentalized risk. Compare the technology of bitcoin/blockchains and it becomes obvious quickly that the future of digital security exists in decentralized wide open platforms. Bitcoin gains its security by *allowing* access to everyone, databases such as this Equifax one gain their security by *denying* access to everyone.   The traditional approach to IT security is the creation of a bubble boy, buried deep within the private intranet, nestled in tight within it's private VLAN. The swarming AIDS of the internet buzzing around the corporate firewall, just waiting for even a tiny micro-crack to open the flood gates of hell and implode the death star.   143 million Americans now at risk of identity theft even never had a choice."}
{"text": " Choosing between an emergency fund and investing aside, there is no reason to use a systematic investment plan when you have a lump sum ready to invest. Here are the three possible futures, and the effects on each strategy: Obviously if you are investing in the market you expect it to go up over time, so using an SIP will work against you in that case.  If the market does go down you'd be better off, but historically the market has gone up more than it's gone down, so there's no practical reason to keep money in your pockets  You can always rebalance, change investments, do whatever after you've invested, so at worst you may have some transaction fees, but that shouldn't be a huge issue."}
{"text": " Should I invest money in the pre-IPO stocks soon to be offered by the   company that I work for? Is it wise to do this? What should I be thinking about? What are the   risks? The last time I was offered pre-IPO friends and family stock, I purchased half of my allotment, and had my parents purchase the other half. Since I had a 6-month blackout period, I had to hold my portion. My parents sold their portion one day after the IPO. The price went up dramatically for about a day and a half, then dived continuously. My portion ended up being worthless. My parents made a few bucks. Good for them. Not a huge deal either way, since my cost was relatively low. If I had a chance to do it again, I'd give it all to friends or family instead of splitting it, and have them sell quickly if they realized a profit. You might be luckier than I was."}
{"text": " Michael Bach Atlanta, who began his finance career nearly sixteen years ago as the CEO of a small-cap private equity firm, founded Scirage just ahead of the nations financial crisis,that there were virtually no African American asset managers at all. \u201cI\u2019ve always know that there were limited numbers of African American\u2019s in the finance industry"}
{"text": " Sample Numbers: Owe $100k on house.  House (after 'crash') valued at: $50K.  Reason for consternation: What rational person pays $100k for property that is only worth half that amount? True Story: My neighbor paid almost $250K (a quarter-of-a-million dollars - think about that..) for a house that when he walked (ran!) away from it was sold by the bank for $88K.  Unless he declares bankruptcy (and forgoes all his other assets, including retirement savings) he still owes the bank the difference. And even with bankruptcy, he may still owe the bank - this should cause anyone to be a bit concerned about being up-side down in a mortgage loan."}
{"text": " Well - not true at all.  The border between Finland and Russia had until recently and probably still has one of the greatest differences in living standards of any border in the world, up there with USA/Mexico and Australia/Indonesia and Spain/Morocco.   There are a lot of Estonians migrant workers working in Finland.   Sweden takes per capita the most immigrants in the western world.   It's not about the availability of work force. I guess you have not heard about the influx of people from Africa, Near East and Afganistan to the EU. It has been one of the big stories if the decade. EU takes more immigrants both relatively and in absolute terms than the US.   I did not single out Scandinavia. I singled out the US. It's the only western country where the illegal unregulated largely immigrant service class does the dirty work for the whole economy.  There are small pockets of that in EU as well - the seasonal workers of Spain for instance, but the US is really unique as a developed country."}
{"text": " &gt; A lot of contract positions have become less or equal pay than the permanent workers.      That many be true in many industries, but not in IT.   Technology contractors typically make far more than employees.   The example in the article was someone working for IBM.   IBM is a low paying IT contractor, and still pays more than $50 per hour for legally resident contractors (H1B's is a completely different story)."}
{"text": " The 10 year comparison between your fund and the S&P 500 -   I'd say more, but not sure it's needed."}
{"text": " I would look for business broker websites and start searching there to get an idea what they cost.   If you're interested in running one I would strongly suggest finding someone who does that can mentor you or working as a manager for a couple of years.  Small business ownership is very hard."}
{"text": " You have many options, and there is no one-size-fits-all recommendation. You can contribute to your IRA in addition to your 401(k), but because you have that 401(k), it is not tax-deductable. So there is little advantage in putting money in the IRA compared to saving it in a personal investment account, where you keep full control over it. It does, however, open the option to do a backdoor-rollover from that IRA to a Roth IRA, which is a good idea to have; you will not pay any taxes if you do that conversion, if the money in the IRA was not tax deducted (which it isn't as you have the 401(k)). You can also contribute to a Roth IRA directly, if you are under the income limits for that (193k$ for married, I think, not sure for single). If this is the case, you don't need to take the detour through the IRA with the backdoor-rollover. Main advantage for Roth is that gains are tax free. There are many other answers here that give details on where to save if you have more money to save. In a nutshell, In between is 'pay off all high-interest debt', I think right after 1. - if you have any. 'High-Interest' means anything that costs more interest than you can expect when investing."}
{"text": " Been to both. No way will Vegas ever become like Amsterdam.  You have to fix the American culture first if you want to even get close.   Is Vegas at all like Paris or Copenhagen? Nope. Those places are more like Amsterdam and don't have pot shops.     It's not the weed, it's the culture."}
{"text": " Whenever you want to spend the weekend with your family, then you can come here to make the special evening in West Palm Beach Escape Rooms. It is a full secure place for the girl, we have good corporate team building escape rooms WPB. We are working together and using your time wisely will you find the clues. We serve you better service all of those escape room, our services are less than expected. The escape rooms are amazing design for those people who want to spend the time with fun and get participate in our activities."}
{"text": " Morgan Stanley was the lead investor and sold off their ownership before the casino had completed construction.  Took a billion dollar loss but it could have been much worse.  Thats a pretty telling sign that when Wall Street wants nothing to do with the project, no other investor should have stepped into the investment."}
{"text": " Yes, quite easily, in fact.  You left a lot of numbers out, so lets start with some assumptions. If you are at the median of middle income families in the US that might mean $70,000/year. 15% of that is an investment of $875 per month. If you invest that amount monthly and assume a 6% return, then you will have a million dollars at approximately 57 years old. 6% is a very conservative number, and as Ben Miller points out, the S&P 500 has historically returned closer to 11%. If you assumed an aggressive 9% return, and continued with that $875/month for 40 years until you turn 65, that becomes $4 million. Start with a much more conservative $9/hr for $18,720 per year (40 hours * 52 weeks, no overtime). If that person saved 14% of his/her income or about $219 per month from 25 to 65 years old with the same 9%, they would still achieve $1 million for retirement. Is it much harder for a poor person? Certainly, but hopefully these numbers illustrate that it is better to save and invest even a small amount if that's all that can be done. High income earners have the most to gain if they save and the most to lose if they don't. Let's just assume an even $100,000/year salary and modest 401(k) match of 3%. Even married filing jointly a good portion of that salary is going to be taxed at the 25% rate. If single you'll be hitting the 28% income tax rate.  If you can max out the $18,000 (2017) contribution limit and get an additional $3,000 from an employer match (for a total monthly contribution of $1750) 40 years of contributions would become $8.2 million with the 9% rate of return.  If you withdrew that money at 4% per year you would have a residual income of $300k throughout your retirement."}
{"text": " Walmart can afford to pay more, they just choose not to because it's legal to keep their workforce underemployed. The profits Walmart posts every quarter exceed the drain on public services their employees create. What really grinds my gears is that paying an employee a fair wage tends to attract much more talented and dedicated workers who will be much more productive than the warm bodies currently running the place."}
{"text": " Go to flightaware or flightradar24. You can track any airplane (a few exceptions) on an IFR flight plan, which a 747 will certainly be.   If they were going for sneaky, smaller planes that don't get tracked would be ideal.   Source: pilot"}
{"text": " \"I'm working from 6am-2pm today (from home, since it's Saturday) and I'm on call from 2pm-4am tomorrow.  If the phone rings at our company help desk at any time from 2pm-4am, I am expected to answer it or return the call promptly.  I'm not paid for the entire time of 2pm-4am, but only for the time I'm \"\"on a call\"\" essentially.  It was a shock when I found out that was the terms of the job (3 months in, there were dramatic changes in my schedule) and most of my friends seem to agree with me.  Am I off base?\""}
{"text": " Frankly, I think all the higher maths in finance is mental masturbation.  EDIT: wht all the down votes?  I've made my money by trading against the PhDs in European investment banks who actually and innocently believe their models represent the real world. Their models work when they work.  I love trading against the combination of arrogance and faux intellectualism.   Folks, read Fooled by Randomness or Black Swan."}
{"text": " Indiabulls. Low brokerage (If you bargain) I'm user of it and I'm getting 25paisa for delivery and 5 paisa for intraday. All transactions can be done online. Also they provide an stand alone application PowerIndiabulls, which is too good and appraised by many users as best in the industry. Not sure about it, but I think Powerindiabulls application is the answer for this. Please have a look at their website for more details."}
{"text": " In short (pun intended), the shareholder lending the shares does not believe that the shares will fall, even though the potential investor does. The shareholder believes that the shares will rise. Because the two individuals believe that a different outcome will occur, they are able to make a trade. By using the available data in the market, they have arrived at a particular conclusion of the fair price for the trade, but each individual wants to be on the other side of it. Consider a simpler form of your question: Why would a shareholder agree to sell his/her shares? Why don't they just wait to sell, when the price is higher? After all, that is why the buyer wants to purchase the shares. On review, I realize I've only stated here why the original shareholder wouldn't simply sell and rebuy the share themselves (because they have a different view of the market). As to why they would actually allow the trade to occur - Zak (and other answers) point out that the shares being lent are compensated for by an initial fee on the transaction + the chance for interest during the period that the shares are owed for."}
{"text": " \"Most personal loans in the US are for the purpose of purchasing some tangible object (usually a house or car) and that object is the collateral for the loan. Indeed, the loan proceeds are usually paid directly to the seller without passing through the bank account of the borrower, and the seller delivers the title of the car to the lender, or a mortgage lien is recorded on the real property. Except possibly in the case of a refinance of a home mortgage,  there is not much cash from such a loan to send to a friend to invest in his business, whether in the US or in India.  These types of loans are \"\"relatively easy\"\" to get. Much harder to get are unsecured personal loans. Unless your friend has a very friendly banker, getting an unsecured loan of, say, $20,000 \"\"just for the heck of it\"\" is not easy. Some reasonably well-off people do manage to get such loans and use the money to invest in the stock or bond markets, in which case, the interest paid on such loans can be deducted on  Schedule A (but only to the extent of the actual investment income; any extras can be carried over to the next year). So, will your friend be investing in your business or making a loan to your business? and do you anticipate that your business will generate any investment income or interest for your friend? If not, and your friend still wants to finance your business (while making payments on the loan in the US), then your friend must really like you a lot (or have faith that a few years down the road, you will be able to sell your business to GoAppTel for mucho big bucks and pay him off very handsomely).\""}
{"text": " You are better off just placing a market order if you want to buy or sell straight away and avoid the queues. A market order will guarantee the purchase or sale of your shares, but it won't guarantee the price."}
{"text": " \"Sigh.  A-duh.  Anything to do with media distribution is dead. Anything to do with transportation (driving) is dead. Anything to do with manufacturing is dead. Construction will be dead not long after.  Computer programmers and robotic engineers are in high demand though. How come politicians are never asked \"\"What will people do with so many industries going under?\"\"\""}
{"text": " The ex-dividend date, prevents this, but people are still able to do this and this is an investment strategy. There are some illiquid and immature markets where prices don't adjust.  In the options market people are able to find mispriced deep in the money calls to take advantage of the ex-dividend date. It is called dividend capture using covered calls."}
{"text": " It is. I stopped using Uber. I use Lyft exclusively now, even tho they cost a little more.  Obviously one customer is not going to have a huge impact on a billion dollar company, but a real businessman knows every dollar you lose is hurting your business. That is, a businessman interested in success, rather than mediocrity, knows that."}
{"text": " \"Let's not trade insults. I understand defined benefit plans better than you think. Of course offering a lump-sum payout NOW is better for the company. If you think of the lifetime value of the pension, then yeah, it's \"\"worse\"\" for the recipient... but exactly like lottery winners, this is just a question of my personal discount rate. Maybe I want/need that money now, and value it more now than I would in 10/20/30 years. So it's a question for each individual to decide.\""}
{"text": " It definitely does.  Part of the misinformation the GMO PR puts out is that there's a difference without specifying they are both non-GMO.  Organic is non-GMO.  The difference is that organic goes a step further and removes synthetic pesticides, fertilizers, and growth hormones (which is a problem for meats and dairy) in addition to GMOs."}
{"text": " Humans are not innately evil and manipulative creatures that try to screw others over. We just happen to live in an economic system that disproportionately rewards those willing to do those behaviors with money and power. People using the human nature argument are just trying to make themselves feel better for supporting an exploitative economic system. A form of self validation."}
{"text": " \"Any inward remittance received by your Parents cannot be treated as \"\"Income\"\" as per the definitaion. This can at best be treated as \"\"Gift\"\". However in India there is No Gift tax for certain relations and there is no ceiling on the amount. In your case gifting of money by son to father or viceversa is allowed without any limits and tax implication. However if you father were to invest this money in his name and make gains, the gains would be taxable.  However if the Money is being transfered with specific purpose such as to buy a property, etc make sure you have the Bank give your dad an certificate of Inward remittance. This is also advisable even otherwise, the Inwared Remittance certificate from Bank certifies that the credit entry in the account is because or funds comming into India and if the tax authorities were to question the large amount of credits, it would be proof that it is due to Inward remittance and not due to say a sale of property by your dad Helpful Links: http://www.moneycontrol.com/news/tax/gift-tax-whatsa-gift_664238.html http://www.thehindubusinessline.in/bline/blnri/exp-tax.htm Edit 1: What you father does with the money is treated as EXPENSE, ie spends on day to day expense or pays off your Loans or Pay off his loans have no relevance from a Tax Prespective in India.  The only issue comes in say you have transfered the funds to buy a property and there was no purpose of remittance specified by Bank's letter and one want to reptriate this funds back to US, then its an issue. If you transfer the funds directly to your Loan account again there is no tax implication to you in India as you are NRI.\""}
{"text": " I don't intend to live in the UK again If you don't intend to live in the UK again, my advise would be to move this back to Germany in EUR in the near future. Generally taking Fx [Currency] risk is not advisable unless the portfolio is large. I don't need the money in the short term As you don't need the money immediately, you can afford to wait and watch a bit. Whether the rate will be more favourable or worse can't be predicated with certainty. So you can wait for few weeks / months and pick up a week when it is slightly favourable and convert them into EUR."}
{"text": " \"You would, but we are talking retail not manufacturing. If one of the big production lines where I worked broke down for an hour, no problem. In any case we had mechanics on site who could handle a simple breakdown. We would have to rush, but we could make up the production quota. In retail, it is another issue. If you have to say \"\"no burgers\"\" at a fast-food joint for an hour or more, it is more of an issue.\""}
{"text": " He's one of the good guys. It feels like there has been little accountability with financial wrong doing. The sub prime mess should have put droves of Wall Street bankers in jail. Instead they got bailed out and bonuses still got paid."}
{"text": " I have read numerous accounts of this, and yes, it is criminal, but no, they can't figure out who did, though presumably the people handling the accounts were guilty of this. Mutant human [Angelo Mozilo](http://en.wikipedia.org/wiki/Angelo_Mozilo)'s organization stands out as the worst offender in this regard with no trickery too extreme.  Ironically sourcing these particular accounts is difficult because of the sheer amount of material pertaining to subprime mortgages and fraud in general."}
{"text": " \"The words \"\"good\"\" and \"\"bad\"\" are evaluations and are the conclusions which you reach after a chain of thought.  You look at the situation, you identify the problem, you think of a solution, and you offer an evaluation.  So, when you call a policy \"\"good\"\", you jump over any analysis tied to context and facts straight to a conclusion.  Absent the thinking which helped you reach the conclusion, the conclusion itself is worthless.  So, statements like \"\"Taxing the rich more is a good policy\"\" are equivalent to saying [\"\"Fire bad!\"\"](http://www.nbc.com/saturday-night-live/video/weekend-update-segment---frankenstein/n10838?snl=1)  Ultimately, they just tell us how you feel about the policy.  We don't care how you feel about it, we care how you think.\""}
{"text": " The best way to get what you want is to deserve it.  I like the top commenter here in how they lead off- be honest about everything. Show them you know you're new to the group and don't expect to know everything off the bat.  Start getting really involved in learning the business- read some books, ask your family a million questions, and take it seriously. The more you do at the beginning, the better off your journey will be."}
{"text": " So you're saying the CEO's of those huge flagship state-owned enterprises and state-supported champions have no say in the way China's industry develops?   Either way, the Politburo and senior leadership are primarily comprised of engineers and scientists (although there are more lawyers in the next generation of leaders)."}
{"text": " &gt;  Google would be forced to actually compete with companies vs. Giving everything away free. That creates employment opportunities for other startups to compete in a fair environment vs. Trying to acquire millions of users on no revenue.  TL;DR Don't blame business, blame the politics that let bad business happen.  Business doesn't work like that, specially for a publicly traded company. 'Free' goods or services are used as a loss leader to drive their profits in other sectors of the company. Whether it's for PR, marketing, or sales, no company drives their business at a loss. Somewhere, somehow the free things they do are driving their business towards higher profitability. Money isn't being lost on the economy by providing these things as free, it's just being used in different ways. Sure it could be used to pay for the wages of an employee at a startup which provides the same service... but if Google is providing it at or below the most efficient market price then it would be *wasting* money to have less efficient companies providing essentially the same product or service. That money could instead be used in more profitable sectors of the economy, which could in turn generate a healthier and/or faster growing economy overall. Working smarter, not harder.  Secondly, startups aren't designed for profitability in the first few years of their operations. They're designed to capture users  and information (or as patent holders but that's largely unrelated to my main point) that can later be acquired by larger companies who are looking to target those users. Why else would any company pay for a startup while they're operating at a loss? The revenue for startups comes much later on as they're bought out by bigger companies or they find a way to monetize their user base/generate stable sources of revenue.   If your argument is that employment by start ups drives the economy at large, I have to ask, if the economy is operating less efficiently (by supporting start ups in replacing the market share currently held by much more efficiently operating large companies ~) by employing more people, how is this healthier for the economy as a whole?   Supporting start ups is good but it has to be done in such a way that it doesn't hurt existing business just for the sake of making jobs. The size of a company doesn't make them bad as long as they compete fairly with everyone else in the market.  ~ caveat being where large companies do not form an oligopoly (ie Comcast, TWC, etc...) which is obviously inefficient to begin with which is largely a product of bad politics rather than market forces"}
{"text": " ##Glass\u2013Steagall legislation The Glass\u2013Steagall legislation describes four provisions of the U.S. Banking Act of 1933 separating commercial and investment banking.  The article 1933 Banking Act describes the entire law, including the legislative history of the provisions covered here.  (The common name comes from the names of the Congressional sponsors, Senator Carter Glass and Representative Henry B. Steagall. A separate 1932 law described in the article Glass\u2013Steagall Act of 1932, had the same sponsors, and is also referred to as the Glass\u2013Steagall Act.)  The separation of commercial and investment banking prevented securities firms and investment banks from taking deposits, and commercial Federal Reserve member banks from:  dealing in non-governmental securities for customers  investing in non-investment grade securities for themselves  underwriting or distributing non-governmental securities  affiliating (or sharing employees) with companies involved in such activities  Starting in the early 1960s, federal banking regulators interpretations of the Act permitted commercial banks, and especially commercial bank affiliates, to engage in an expanding list and volume of securities activities.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove"}
{"text": " \"Find approximate housing-cost difference, which is likely to swamp the tax differences. Find a cost-of-living measurement you believe for each state and figure appropriate state's sales tax on the non-housing portion of it (numbers can be found on line). Figure out roughly what your state income tax would be (forms on line). Figure city sales tax for each city you'd live in (again, numbers on line). Determine transportation cost differences. Determine entertainment cost differences (\"\"First prize: one week in Hackensack. Second prize: TWO weeks!\"\")  Mix and add seasonings to taste... Then remember that many people commute into the City, including from NJ, so run the numbers that way... and think about how much time you're willing to spend communting every day (and via which forms of transportation); the worse the commute, the less housing costs. Then remember that companies in NYC are aware of all the above, and are likely to adjust their salaries to partly offset it... because otherwise they couldn't recruit anyone who wasn't already a Noo Yawker... so the real question here is whether their adjustment, plus not living in Noo Joisey, is enough to make up the difference for you. To get more accuracy than that, you need to start nailing down specifics. Possible. Not trivial.\""}
{"text": " It's naive to believe that businesses accept climate change science on its face, it's more likely they know it's good PR, both with regards to consumers and politicians and would rather just keep their heads down and be good obedient (at least in the eyes of the public) brands."}
{"text": " I honestly don't understand this sense of entitlement to being able to use your own device.  By giving an employee access to sensitive data on their own device, you are taking a risk that the company cannot technologically or legally mitigate. In the UK it would be a de-facto breach of the Data Protection Act.  If there was a rootkit on an employee's phone or laptop, and they got access to any sensitive data then game over.   This is not about inconvenience, it is about not costing the companies in question billions in fines. It is simply not worth it - especially as most employees are perfectly capable of losing work computers on trains and so on, so trusting them to look after their own system security is asking a bit much.  What happens if they lose their own laptop? A work laptop can be set to self destruct, but few employees are going to let their companies have that level of control over their laptop. And, here in the UK, if sensitive data is lost in that way and can be recovered using forensic tools then - bam - fines. A company has a legal obligation to ensure that their employee's and customer's data is safe, and any data accessed on a phone or laptop is still stored somewhere on that phone or laptop.  Third party software like Dropbox is notoriously insecure, too, so that shouldn't ever be used on a machine containing sensitive data. It's hard enough getting employees to take security seriously before exponentially increasing these risks as you describe."}
{"text": " \"Which option will save you the most money in the long run? That is tough. Assuming you stay healthy, don't lose your job, don't experience a pay cut or any major emergency that drains your savings, then applying the $6000 to the higher interest loan will save you more money in the long run. However, the difference in savings is a few hundred dollars. Not much really. So, in this case, I'd put the $6k towards the smaller loan. Why? Because then you'd pay it off faster. Once that's done, you open up your cash flow by the minimum monthly payment you would have had on that loan.  Assuming they both have the same or similar number of months left, by paying the smaller loan off sooner, you'd open up $X month, where $X is your minimum monthly payment. This could be useful to you if you want to take on some other debt (like buying a house) because it lowers your debt to income ratio. If you put that money towards the higher loan, your DTI won't change until the normal time you would have paid off the smaller loan. Even if you are not looking to purchase anything that requires you to have a lower DTI, paying the smaller loan off sooner increases your cash flow sooner (because your monthly payment on the higher loan doesn't change just because you lowered the balance by $6k). So you'd be more robust to emergencies if your current income doesn't allow for much savings. A major emergency could wipe out all savings from paying down the bigger balance. So, I'd suggest: Edit: TripeHound asked a question, pretty much requesting more details for why I was biased towards paying off the smaller loan first. What follows is my response, with a bit of reorganization: Typically, people asking these questions don't have so much wealth that \"\"which loan to pay first?\"\" is an academic question. They need to make smart financial decisions. While paying the highest interest loan saves the most money in interest - that only occurs under the assumption that nothing bad will ever happen to you until the loans are paid off. In reality, other things happen. Tires blow out, children get sick, you get laid off and so the \"\"best\"\" thing to do is the one that maximizes your long term financial health, even if it comes at the expense of a few $k more interest. Each loan has a minimum monthly payment. Let's assume, barring any windfalls of additional cash, you will just make the minimum payments each month towards a loan. If you pay off the smaller loan first, that increases your available monthly cash flow. At that point, you can put extra towards the other loan. However, if an emergency should come up, or you need to save for a vacation, you can do that, without negatively impacting the second loan, because you'd just drop back to its minimum payment. Putting the money towards the higher balance loan would mean it takes you longer to reach this point as the time to reach payoff on the first loan will not change ($6k only reduces the $25.6k loan to $19.6k) so you never gain the flexibility of additional cash flow until the time you would have paid off the $13.5k originally. I'd rather have a few hundred dollars each month that I can choose to use to make additional loan payments, eat out, pay for car repairs, pay for emergencies than be forced to dip into credit or worse, pay day loans, should an emergency happen.\""}
{"text": " Why would his prediction be doubted? The guy predicted the housing bubble because he saw middle managers in every place of business being replaced by software. They were unable to find a new similar paying job and thus lost their houses. Now he sees 500,000 full-time job loses and 800,000 part-time job gains in one financial quarter. He sees 200,000 jobs created last month in July with 140,000 of those jobs being low wage service jobs. The guy is not a prophet. He is a realist. You investors who see the economy with rose-colored glasses are riding high on maximized profits as a result of low-wage earning skeleton operation crews. You'll be in for a rude awakening to find fewer customers able to buy the products and services being offered."}
{"text": " It's not! With gambling, you're placing a bet on some team's performance but you don't own the team, or the field they play on, or the other team, or the ball!  Derivatives are just like that! Except with derivatives, the team can bet against themselves, and not tell you that they have!"}
{"text": " First of all, my comment has nothing to do with Trump, yet you want to bash as if I am maligning Trump. Whether Trump is behind it or Obama is behind it or Bush is behind it, $12 billion is a minuscule fraction of the national debt. THAT is my point, which was clear from my original posting.  Secondly, unless we are running a positive balance, we are still increasing our national debt. It looks like we are [**still** running a deficit](http://federal-budget.insidegov.com/l/120/2017-Estimate), which means national debt is continuing to increase, at a rate of $443 billion, or about 37 times this quoted $12 billion."}
{"text": " An emergency fund is about managing risk. What would you do if your furnace, water heater, and cars all broke down at the same time? Being in Michigan, I can imagine that you wouldn't want to take cold showers, heat the entire house by wood fire, and walk to work every day. So how do you manage this risk? What would happen if you lost your job and couldn't find one for a few months? By only having $5k in the bank in an emergency fund, you are putting your family at risk. If these sorts of things happened, you would be in trouble. You would have to borrow money either hurting equity in the home that you have worked hard to build up, or by some other means. You and your spouse should sit down and decide what a good emergency fund looks like for your family. A reserve of 3-6 months of expenses is a good emergency fund. This could cover your family in the event of a lost job while you look for a new one. It would also cover you when Murphy strikes and things break down all at the same time. Once you and your spouse have determined how much you want to set aside, you two must determine how you will get there. Maybe you put in some extra hours at work, maybe you lower the retirement contributions temporarily, maybe you try to pay off the car as quickly as possible then put what you were paying on the car into the emergency fund. It will likely take a mix of things to get you there. You don't have to get it done in a day, a month, or even a year. But once you have that emergency fund fully funded, you will feel better. What may be a catastrophe now will be a minor annoyance with a fully funded emergency fund. Finally, I'd recommend going to your bank and setting up a separate account for this emergency fund. A separate account specifically labeled as your emergency fund. This way you will think twice before spending it on a non-emergency."}
{"text": " THEY ARE NOT RUNNING AROUND KILLING PEOPLE. A HANDFUL OF PEOPLE OUT OF LITERALLY MILLIONS ARE. WHY DO YOU NOT UNDERSTAND HOW NUMBERS WORK????  There is NO statistical evidence supporting any of the bullshit you're spouting. You are a racist, stupid fuck. Go away. I hope the evil Muslims get you first."}
{"text": " Yeah sure they would add up to trillions but a very small percentage of it would go towards the important issues. So even if they did force them to pay it up you would not notice a difference. So until something gets done about the way the government spends it's money the big corporations might as well keep it and partially use it to research new technology in the industry or to advance their company because giving that extra money to the government is like burning money."}
{"text": " the problem for millenials, is that even if the economy DOES return in a few years, they will largely looked over in favor of the fresher generation Z [or whatever it is called] graduates.  Why hire a 30 year old with no professional experience when you can hire a brand new graduate with no professional experience?"}
{"text": " Everything lies in In the end. How many days/weeks/months/years can you wait for your money back?"}
{"text": " Because it's barely reported and when it is most people don't understand some of the fundamental principles of finance to grasp the implications of it all.   It's not their fault really.   You can blame a man for a lack of wanting to be educated or no concern for intellectual curiosity but you can't for just being plainly uneducated."}
{"text": " Yes, it is possible, and many companies do it for legitimate reasons.  For example renewing subscriptions or one-click ordering. The only way to completely stop it would be to cancel the card.  More realistically, check your bill whenever it arrives, and report any unauthorized transactions to the card issuer."}
{"text": " Whether or not I trust them depends entirely on the personal finance application. In the cases of Mint and Quicken, I would trust both. Always make sure to do plenty of research before submitting any personal information to any source."}
{"text": " \"I think that all else being equal, if more people have solar panels on our roof, we keep our military in FEWER countries, instead of planning on RAMPING up the number (see: Nigeria). Furthermore, the initial question wasn't whether installing solar panels is going to stop the action. **The conversation started by being about whether solar is actually cheaper when you factor in the amount used to subsidize both sources of energy. Not whether switching to solar would stop subsidies to oil.** What you did is called \"\"moving the goalposts\"\".  The word 2016 doesn't show up in the article or in the study it cites. That was a typo. I understand it was about 2013, I was trying to saying that it was about the same year as yours. That was my bad. I read the whole thing originally, and I even read the study. I accept responsibility for the typo though.  ANYWAYS, neither set of data is manipulated, my study just includes more things, like foreign tax credits, cleanup subsidies for both coal and oil, tar sands exemption from cleanup funds, Power Africa (a five year, 7 billion dollar program that was only ANNOUNCED in 2013). That overseas stuff that goes on is a HUGE part of the equation.   And okay, so they aren't equivalent. Then your point is moot. Yes, both sides have off the book subsidies, but one side's off the book subsidies are so unfathomably bigger that it's laughable to even put them in the same category. Not to mention the costs of war in the middle east stretch beyond money (think lives), and recycling programs actually come with benefits (think smaller landfills).\""}
{"text": " Call centre solution providers will efficiently serve customers, while keeping overheads low. They can efficiently manage not just the regular inbound calls, but also make the outbound calls to promote your products and services which further lead your trade to the path of success."}
{"text": " **&gt;in a survey of  1000 American Executive**s McQuaid found a \u201cwhopping\u201d 35 percent of Americans are happy at their job. And, 65 percent say a better boss would make them happy. Only 35 percent say a pay raise will do the same thing.  Even if it wasnt tripe, asking a bunch of people probably already in the top 5% of income, if they would rather have a new boss or an unknown amount pay raise, you might get a totally different answer than asking the rank and file. Median income america.   so from what i read, the best the title could say is 65% of well off americans would rather a better boss than a raise. WHich is perfectly understandable."}
{"text": " As I understand it, US federal gift tax doesn't kick in at all until one person gives more than about $14,000 in a single year. (So a couple can give someone $28,000.) If you want to give more than that in a lump sum while avoiding gift tax, one workaround is to structure it as an intra-family loan. Basically, you write (and formally register) a loan for the amount, then gift them with up to the limit for them to pay off that loan. The IRS requires that you charge interest on this loan, but the rates are pretty minimal and of course you can incorporate that in the gift. The downside is that the interest income you're required to take is taxable, but that's a comparitively small sum. (On the other hand, if the loan is a mortgage against real property, and properly filed as such, the interest paid may be deductable for the person you're giving the money to.) Doing this properly requires a tax accountant or lawyer who has a clue about the right legalese to make it work. However, there are starting to be some services which specialize in this, doing it for a fixed fee. I used one of those recently, which is why I'm somewhat familiar with this process; they made it about as much of a fill-out-the-forms process as they could, but it still took a few weeks for me to figure out which options were best for my needs."}
{"text": " You need to have a lot of money to play with direct bond investing safely. Trading bonds is not for amateurs, and the layman-friendly publications don't provide a lot of guidance. Unless you're prepared to hold a bond to maturity, the prices of even high quality bonds swing wildly.  If you need a source of income, but not necessarily the ability to make money trading the bonds, look at Savings Bonds (specifically I-Bonds)."}
{"text": " This depends in part on who officially owns the account. Federally, 529 plan contributions are not tax-deductible, regardless of ownership.  Anyone can contribute to a 529 plan, though; the earnings of the 529 plan are tax-deferred and are tax-free if they are used for qualified educational expenses. In the state of New York, the account owner is entitled to deduct up to 10,000 (Married filing jointly) from their state taxes; however, that's limited to the account owner only.  If they're not in the state of New York, they may be able to have similar benefits from their home state; check their rules. You may have multiple accounts for one child, though, so if you and they both want to contribute for your child, that's perfectly fine. The limits are at the taxpayer level, so you can deduct $10k for all contributions to all children's accounts in sum (5k per kid if you have 2, and want to contribute equally, for example), but they can do the same. Gift tax is the other relevant thing to consider.  You can contribute $14k per year without either paying gift tax or adding it to the lifetime maximum (which is currently $1.5MM, but could change at any time either up or down).  You can also make a one-time contribution of 70k (5 years' worth) and have that amount exempt as if it were contributed over five years. For more information on all of this, see the New York 529 Page for more details."}
{"text": " Its so funny to see Americans arguing about how terrible the minimum wage would be. I'm sure all those poor billionaires/millionaires cant afford to pay their workers a few euros extra per hour. Maybe it's because all their money is in safe havens?"}
{"text": " If you read all that paperwork they made you fill out at the emergency room, there is probably something in there explicitly stating that you owe any bills you rack up regardless of what happens with the insurance company. They generally have a disclaimer that filing for you with your insurance company is a courtesy service they offer, but they are not obliged to do it.  Ultimately, you are responsible for your bills even if the provider slow-billed you.  Sorry."}
{"text": " The site you link to suggests the majority save on this plan. AC is tough, but most other power hogs are in your control, washer/drier, dish washer, etc. This is part of a bigger picture of power transmission, and management. The utility cost is the highest for peak demand, i.e. they need to have capacity for the peak use, but only selling average use, on average. This billing plan matches what you pay with the true cost, and you save by avoiding the peak times."}
{"text": " &gt;They collected my license plate info via a reader at the stall and already tied it to my account.  That's bit unsettling.  More from a privacy standpoint.  As if someone hacks into or gets Amazon's user database (as lets face it its only a matter of time that happens), they will know what car you drive among other things."}
{"text": " \"Wait, correct me if I'm wrong, but this is how I thought it worked:  \"\"say you work 40 hours a week \"\"during a recession, NO ONE GETS FIRED \"\"instead, they cut your hours \"\"from say 40 to 32 \"\"THEN unemployment benefits make up the difference in that eight hours you're not working \"\"then you get hired again\"\"  This seems like the best system ever and something America should do. No one gets fired, and companies save oodles of money not training new workers.\""}
{"text": " \"Let's pretend that the author of that article is not selling anything and is trying to help you succeed in life.  I have nothing against sales, but that author is throwing out a lot of nonsense to sell his stuff and is creating a state of urgency so that people adopt this mindset.  It's clever and it obviously works. From a pure time perspective, most people won't make enough money to run their own business and be as profitable as if they worked for a company.  This is a reality that few want to acknowledge.  If you invested in yourself and your career with the same discipline and urgency as an entrepreneur, most people would be better off at a company when you consider the benefits and the fact that employees have a full 7.5% of social security paid by their employer (entrepreneurs see the full 15% while employees don't).  Why do I start here, because this author isn't telling you that the more people take his advice, the more their earnings will regress to the mean or below.  In fact, most of my entrepreneur friends have to go back to work when their reality fails after they burn through their savings. 401ks are not a perfect system, but there are more 401k millionaires now than ever before this, and people who give the author's advice are always looking to avoid doing what they need to do - save for retirement.  Most people I know sadly realize this in their 50s, when it's too late, and start trying to \"\"catch up.\"\"  I don't blame the author for this, as he knows his article will appeal to younger people who don't have the wisdom to see that his advice hasn't been great for most.  The reality is that for most people 401ks will provide tax advantaged savings that you can use when you're older; taxes will eat at your earnings, so these accounts really help. Finally, look at the article again especially the part you quote.  He says inflation will carve out what you save, yet inflation is less than 2%.  Where is he getting this from?  In the past decade, we've seen numerous deflationary spirals and the market overall has come back from the fall in 2009.  Again, this isn't \"\"good enough\"\" for this author, so buy his stuff to learn how to succeed!  There have been numerous decades (50s,70s) that were much worse for investors than this past one.\""}
{"text": " \"The recommendations you read were, very probably, talking about US listed funds in US dollars. The mexican Bolsa de Valores says that they list over 600 mutual funds  so \"\"Yes\"\" you can invest in Mexico using Pesos if that is what you want.  You need a Corredor de Bolsa or mexico broker. Here they are.  Most international investors use exchange traded funds ETF because theirs fees are cheaper than mutual funds.  The ETF are mostly listed and traded in us stock exchange. Here they are. US mutual funds are in dollars and, because you are living in Mexico, you will have a currency risk and probably taxes.  Mexico mutual funds in Pesos do not carry any currency exposure unless the companies involved do business in the United States. You have to think about your currency exposure. B. Veo\""}
{"text": " &gt; hip and tech oriented. Sears is neither of those.  The best part is... they give lip service to BEING just that. Giving the .com team so much leeway, trying to get into video streaming, &amp; SO MUCH MORE....   You probably have no idea how hilariously spot on I found that comment."}
{"text": " Many of us believe that brushing and flossing twice daily is enough for us to maintain proper oral health which is why we do not bother to even visit the dentist; however, it is important that we do that so that we know if we are facing any infection or cavities so that it can be cured at the initial stage."}
{"text": " Yeah this is what I don't understand. All these business mags are so hyped about this developing market but as it stands the only one in use is my stepdad's and all he does is use it to ask the weather and crack jokes to show it off to people."}
{"text": " While it is a true loss, as you've determined, is not a cash cost, per se. A cash cost would be a decrease in cash holdings.  Inflation does not take your cash balance; it devalues it, so it is an accrued loss. Central banks are extremely lazy in determining inflation, so the highest resolution available at a public level is monthly.  In the United States, there is a small project that tries to calculate daily inflation rates and seems to do a decent job, but unless if you are a customer of a particular financial institution, you will suffer a lag.  The small project refuses to make the data public in real time or even allow outside analysis. In the UK, the Office for National Statistics is responsible for consumer inflation statistics.  The methodology is not readily available, but considering the name, it is most likely an inferior Laspeyres index instead of the optimal Fisher index as it is in the US. To calculate the accrued cost due to inflation, simply multiply the amount of money held by the price index value at the beginning of the time held and divide by the price index value at the end of the time held. For example, to determine the amount of value lost since March 2014, multiply the money held by the price index value for March 2014 and divide by June 2014."}
{"text": " \"The government thought of that a long time ago, and has any loophole there plugged. Like if you set up a company to buy a car and then allow you to use it ... You can use the car for company business, like driving to a customer's office to make a sales call or delivery, and the cost of the car is then tax deductible. But the company must either prohibit personal use of the car, or keep a log of personal versus business use and the personal use becomes taxable income to you. So at best you'd get to deduct an expense here and then you'd have to add it back there for a net change in taxable income of zero. In general the IRS is very careful about personal use of business property and makes it tough to get away with a free ride. I'm sure there are people who lie about it and get away with it because they're never audited, but even if that causes you no ethical qualms, it's very risky. I don't doubt that there are people with very smart lawyers who have found loopholes in the rules. But it's not as simple as, \"\"I call myself a business and now all my personal expenses become tax deductible business expenses.\"\" If you could do that, everybody would do it and no one would pay taxes. Which might be a good thing, but the IRS doesn't see it that way.\""}
{"text": " Merchants apply in advance for the program, and the amount is limited to less than $25."}
{"text": " If the portfolio itself is taxable, then yes; if you have two stocks and you're rebalancing them, without using new cash, you are forced to sell one stock to buy another. That sale is taxable, unless you're in some sort of tax deferred/deductible account, such as an IRA.   If you're talking about you being in a mutual fund and the fund itself rebalances, the same rules apply as above, though indirectly; you'll have capital gains realized and distributed to you, those gains will be taxed unless, again, your account is a retirement account."}
{"text": " I'm not a lawyer and someone more knowledgeable than I will probably respond to this inquiry.  I worked with nonprofits for years however.  My suggestion would be that the Board would have a resolution allowing the Director to approve any contract below a certain dollar amount."}
{"text": " If you guys are so convinced this is only good for banks, why don't you just invest in banks?    Same thing with net neutrality. It screws the average guy but a smart investor can recoup money lost"}
{"text": " It sounds like you may need to look into the different types of personal loans that are available to you. Typically, they are in 2 categories: secured vs unsecured. A personal loan is usually of the unsecured variety, meaning that the bank is loaning you money with no collateral to use if you default. These loans will have much higher interest rates than a secured loan. A prime example of a secured loan would be a mortgage or an equity line of credit.  If you want an unsecured personal loan to use towards making those improvements, then whether or not you receive the loan will depend on your credit rating and income status. As Aganju stated, these loans don't really care what the money is used for. Because it's not your property that you're fixing up, you won't be able to get a secured loan against that property. If your mother took out a loan against her home (like a second mortgage), she may be able to get a significantly lower interest rate than what you'll get with an unsecured loan. She could also look into a renovation/remodeling loan, which would require information regarding the work being done such as costs and how it will improve the value of the property. If she used an equity line of credit instead, then they don't typically care what the money will be used for as it's just a credit line against the equity she's already built into her mortgage payments over the years."}
{"text": " Isn't it clear to everyone that something that isn't measured by economists yet is going horribly wrong in the US since they started with the debt bing? I know so many people with no savings whatsoever and just hanging on."}
{"text": " \"Hmmm... Maybe you didn't. I'll concede that. But being a mod is irrelevant. Maybe being on mobile fucked me, or my eyes are finally going.   Now.   &gt;how in my original comment, pointing out a difference between \"\"making money\"\" and \"\"turning a profit\"\" displays my ignorance of the distinction between revenue and profit.  First, \"\"making money\"\" means profitability. If I spent 50 grand on widgets and sold them all for a dollar, did I \"\"make money?\"\"\""}
{"text": " Global warming is not a hoax.  However this type of climate change, higher CO2, has many benefits and one is that we will have much more vegetation and higher levels of oxygen. All vegetation does better in high CO2 levels as we both know because we are scientific about things and not emotional.  Global warming is used as a tax issue. Obama just wants to tax the energy industries, but who always pays is the end user."}
{"text": " It aims at providing a multidisciplinary Chartered Accountancy service with complete cost-adequacy which mainly consists of the Regulatory and Compliance related services, Business Startup Services, Advisory and consultancy services, Audit, Assurance and risk assessment services, Direct, Indirect as well as the International Taxation services."}
{"text": " The math works out so that the 401k is still a better deal in the long term over a taxable account because of the tax-deferred growth. Let's assume you invest in an S&P 500 index fund in either a taxable investment account or a 401k and the difference in fees is .5%. I used an online calculator and a hypothetical 1k/year investment over 30 years with 4.5% tax-deferred growth vs 5% taxable and a 25% tax bracket. After 30 years the tax-deferred 401k account will have $67k and the taxable account will have $58k. The math isn't perfect -- I'm sure I'm missing some intricacies with dividends/capital gains distributions and that you'll then pay income tax on the 401k upon retirement as you drawn down, but it still seems pretty clear that the 401k will win in the long run, especially if you invest more than the 1k/year used in my example. But yeah, .84% expenses on an index fund is robbery. Can you bring that to the attention of the HR department? Maybe they'll want to look for a lower-fee provider and it's in their best interest too, if they also participate."}
{"text": " Are the grey ones the new ones? I like them because they actually do stay together mostly and I can reuse them. They do seem a bit smaller now that I think about it, certain things don't fit super well but it's fine with me. Way better than giant which just has the absolute worst bags. Wegmans are solid though."}
{"text": " Capital requirements for a de novo bank, as opposed to an established one, are a real bitch.  Basically the government wont let you loan nearly as much of your money out.  You can't skirt this by buying an existing bank.  Regulators don't want upstarts making stupid loans and thus encouraging lower credit criteria systemwide.  Also Incumbents don't want more competition and they have lobbyists so I don't see this changing soon."}
{"text": " Congrats! :) And yes, I have never personally seen a rich person criticize RDPD - they know the book is solid, and plus they're too busy enjoying their success. On the other hand, someone who failed now has plenty of free time and an incentive to point fingers at others. Little do they know that if they spent less time complaining and criticizing and more time trying to succeed over and over and over, eventually they too would become too successful to waste their time blaming others. :-)"}
{"text": " \"For a long time I did just as you did. I had a car, but I didn't drive it. Even if you NEVER drive a car, it still has a cost. You still have to insure it and you still have to register it.  On top of that a sitting car will have costs. Cars are not built to sit.  I found it to be much cheaper to take a \"\"taxi\"\" then to own a car. Eventually I got rid of my car, and we (my wife and I) just rented any time we needed to go somewhere long distance.  Very recently we purchased a car and kids change things, and we want kids. SO better to do this costly move now (in our minds). But still if we travel outside of town, we still rent.  A car is, usually, not good at constant \"\"long drives\"\" as the maintenance costs get high, and they are, usually, not good at \"\"no driving\"\" as they are not built to sit still. They are best used, usually, for shorter, in town, or \"\"next town over\"\" style driving.  Keep in mind I am in the USA so \"\"long and short\"\" drives have a different meaning. A 200 mile trip is about the line we draw before we just rent. But that's our preference. Some of which is because we would prefer to take the train and rent there then drive the entire trip.\""}
{"text": " If you are investing for 10 years, then you just keep buying at whatever price the fund is at. This is called dollar-cost averaging. If the fund is declining in value from when you first bought it, then when you buy more, the AVERAGE price you bought in at is now lower. So therefore your losses are lower AND when it goes back up you will make more. Even if it continues to decline in value then you keep adding more money in periodically, eventually your position will be so large that on the first uptick you will have a huge percent gain. Anyway this is only suggested because you are in it for 10 years. Other people's investment goals vary."}
{"text": " Lot of factors in play. We use a lot of local produce but we need the volume to support, so if all you have is a few pallets it's not worth the logistical cost to get it out to the stores. We also inspect all of our produce so it's not as simple as delivering it direct to our stores because we do not know the quality. Smaller farms will usually try to get with a packer or broker so they can sell as much as they can without having to do the business side themselves."}
{"text": " \"A loan is not a taxable income. Neither is a gift. Loans are repaid with interest. The interest is taxable income to the lender, and may or may not be deductible to the borrower, depending on how the loan proceeds were used. Gifts are taxable to the donor (the person giving the gift) under the gift tax, they're not a taxable income to the recipient. Some gifts are exempt or excluded from gift tax (there's the annual exemption limit, lifetime exclusion which is correlated to the estate tax, various specific purpose gifts or transfers between spouses are exempt in general).  If you trade for something of equal value, is that considered income? Yes. Sale proceeds are taxable income, however your basis in the item sold is deductible from it. If you borrow a small amount of money for a short time, is that considered income? See above. Loan proceeds are not income. does the friend have to pay taxes when they get back their $10? No, repayment of the loan is not taxable income. Interest on it is. Do you have to pay taxes if you are paid back in a different format than originally paid? Form of payment doesn't matter. Barter trade doesn't affect the tax liability. The friend sold you lunches and you paid for them. The friend can deduct the cost of the lunches from the proceeds. What's left - is taxable income. Everything is translated to the functional currency at the fair market value at the time of the trade. you are required to pay taxes on the gross amount Very rarely taxes apply to gross income. Definitely not the US Federal Income taxes for individuals. An example of an exception would be the California LLC taxes. The State of California taxes LLCs under its jurisdiction on gross proceeds, regardless of the actual net income. This is very uncommon. However, the IRC (the US Federal Tax Code) is basically \"\"everything is taxable except what's not\"\", and the cost of generating income is one of the \"\"what's not\"\". That is why you can deduct the basis of the asset from your gross proceeds when you sell stuff and only pay taxes on the net difference.\""}
{"text": " Generally, if you have a loan, you have a credit score. But since you have never had a loan before, then it is likely that you do not have a credit score. You should not be worried if you aren't planning on applying for credit and/or loans. If you are wanting to purchase a house, car, or even just having a credit card, you should work on obtaining a secure loan so then you can establish history.  Most of the time you have to pay to view your credit score. By law, you can obtain a free copy of your credit report, which it sounds like you have at annualcreditreport.com, which only shows your payment history, but in order to view your credit score, you generally have to pay for it."}
{"text": " \"There are gold index funds. I'm not sure what you mean by \"\"real gold\"\". If you mean you want to buy physical gold, you don't need to. The gold index funds will track the price of gold and will keep you from filling your basement up with gold bars. Gold index funds will buy gold and then issue shares for the gold they hold. You can then buy and sell these just like you would buy and sell any share. GLD and IAU are the ticker symbols of some of these funds. I think it is also worth pointing out that historically gold has a been a poor investment.\""}
{"text": " If you aren't ivy league you have no hope of getting on wall st in front office. You will not make it pass the first cut. If you have some contacts then perhaps. You will be able to get a job in back office fairly easily but I assume that is not the area you will want to be in."}
{"text": " Yahoo provides dividend data from their Historical Prices section, and selecting Dividends Only, along with the dates you wish to return data for. Here is an example of BHP's dividends dating back to 1998. Further, you can download directly to *.csv format if you wish: http://real-chart.finance.yahoo.com/table.csv?s=BHP.AX&a=00&b=29&c=1988&d=06&e=6&f=2015&g=v&ignore=.csv"}
{"text": " JohnFx is more experienced than I am but I have paid off friends cards before. It was as simple as asking them the routing number of the bank that gave them the card and setting up an ACH with their card number. I guess this might be against some banks T&C but the CU I used to carry out the ACH gave me the go ahead as long as I did not dispute the payment later."}
{"text": " \"&gt;An Empire with different ethnic, linguistic, racial and national origin groups spread out over a large area can only redistribute wealth by stealing it with force  This is not strictly true.  In place of \"\"force\"\", fraud can be used.  Our current society uses a combination of both, but really the \"\"fraud\"\" of the monetary/banking system is far larger and of more importance than the \"\"force\"\" part (though the latter obviously backs up the former).\""}
{"text": " \"This is the best tl;dr I could make, [original](http://www.scmp.com/tech/enterprises/article/2113581/chinas-chance-lead-global-innovation-may-lie-5g-mobile-technology) reduced by 86%. (I'm a bot) ***** &gt; China is on the cusp of recasting itself as a leading technology innovator from a mere follower in the telecommunications industry, as efforts to develop a global 5G mobile standard near the final stage.  &gt; &amp;quot;While China has the world&amp;#039;s largest mobile market by subscriber and network size, other countries have dominated mobile technology innovation,&amp;quot; said Jefferies equity analyst Edison Lee.  &gt; The international authorities overseeing the creation of a unified standard for 5G mobile technologies are expected to release its initial phase next year and the final phase in 2019, paving the way for a broad roll-out of 5G services by mobile network operators from 2020.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/73qa1f/5g_may_be_chinas_chance_to_lead_global_tech/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~220391 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*: **China**^#1 **technology**^#2 **mobile**^#3 **standard**^#4 **network**^#5\""}
{"text": " Diversity of risk is always a good idea.  The cheapest equity-based investment (in terms of management costs) is some form of tracker or indexed fund.  They're relatively low risk and worth putting in a fixed amount for long-term investment. I agree with Ngu Soon Hui, you're going to need a lot of cash if you decide to start your own business.  You may have to cover a significant amount of time without an income and you don't want all your cash tied up. However, putting all your money into one business is not good risk management.  Keep some savings where they can be a lifeline, should you need it."}
{"text": " Generally speaking, you realize options gains or losses for (US) tax purposes when you close out the option position, or when it expires so in your example, if you're discussing an equity option, you'd realize the gain or loss next year, assuming you don't close it out prior to year end. But options  tax treatment can get messy fast: Still, if you have no other stock or option positions in the underlying during or within 30 days of the establishment of the naked put, and assuming the option isn't assigned, you won't realize any gains or losses until the year in which the option is closed or expires."}
{"text": " \"Basically, yes. Don't use your business account for personal spending because it may invalidate your limited liability protection. Transfer a chunk of money to your personal account, write it down in your books as \"\"distribution\"\" (or something similar), and use it in whatever way you want from your personal account. The IRS doesn't care per se, but mixing personal and business expenses will cause troubles if you're audited because you'll have problems distinguishing one from another. You should be using some accounting software to make sure you track your expenses and distributions correctly. It will make it easier for you to prepare reports for yourself and your tax preparer, and also track distributions and expenses. I suggest GnuCash, I find it highly effective for a small business with not so many transactions (if you have a lot of transactions, then maybe QuickBooks would be more appropriate).\""}
{"text": " Mostly we invest in companies to make money. The money can be paid to as in the form of dividends that are a share of the profit.   Or the company can convince enough people that it will make a lot higher profit next year, so its stock prices increases. Clearly a company that reinvests its 20% profit from one shop to open an 2nd shop is doing well and is a good investment.      But, But, But... we only have the companies word for it!    A dividend paying company finds it a lot harder to hide bad news for long, as it will not have the money in the bank to pay the dividends."}
{"text": " \"The most fundamental observation of bond pricing is this: Bond price is inversely proportional to bond yields  When bond yields rise, the price of the bond falls.  When bond yields fall, the price of the bond rises.  Higher rates are \"\"bad\"\" for bonds. If a selloff occurs in the Russian government bond space (i.e. prices are going down), the yield on that bond is going to increase as a consequence.\""}
{"text": " \"Money is all relative, for sure. People will pay more if they can afford more, that I get too.   The small hiccup here is that you're talking about federal minimum wage, and the original idea was about Wal-Mart employees only. If Wal-Mart workers received 2 dollars more per hour, do you really think that would affect inflation?  Also, doesn't importing from countries that pay their workers less have an impact?  And, if the market is supposed to take care of minimum wages by itself by always offering a \"\"better\"\" choice for workers until it reaches the highest possible rate, wouldn't the same be for prices of goods, but in the opposite direction? And if these things were a functional reality instead of academic theories, wouldn't there be less of a wealth disparity in the US?\""}
{"text": " \"The best practices for this sort of thing: In terms of electronics and such, you're always at risk for some crackhead busting in your door and grabbing your iPod or whatever. Thieves don't really care about clothes... they want items quickly converted to cash: small electronics with resale value, cash, jewelry. Keeping things locked and having a dog are probably the best deterrents for that scenario. More professional/organized burglars who rob houses during the day stake out a neighborhood and look for places where their presence won't be noticed. If things are clean and consistent, your neighbors, police patrol, mailman, etc are more likely to notice something awry and call the police. That's a risk factor for the \"\"pro\"\" thief, who will more likely look for a softer target. If you live in an area where there has been a burglary spree or you are really worried about this, get a basic, centrally monitored alarm system. If you're not living a flashy lifestyle and are deliberately thinking about ways to look like you don't have anything, it is money well spent. If you are living a flashy lifestyle, unwanted attention comes with the territory. In any case, feeling safe at home is something you need to be able to do.\""}
{"text": " I'm sorry, but who pressured the appraiser to overstate the value of the house by threatening him with a loss of future business? I'm pretty sure I hired him but the lender threatened him. After I only had one house for him to do. You're missing the bigger picture"}
{"text": " \"yeah that makes sense.  I guess the essential problem somehow is that along the line we all bought into the story that profit seeking and \"\"creating shareholder value\"\" was the sole duty of a CEO.  It's like we seem to have reduced all of our interactions in life to financial transactions and somehow sucked the humanity out of things.\""}
{"text": " **Poland, Maine**  Poland is a town in Androscoggin County, Maine, United States. The population was 5,376 at the 2010 census. Home to Range Ponds State Park, Poland is a historic resort area. It is included in both the Lewiston-Auburn, Maine metropolitan statistical area and the Lewiston-Auburn, Maine metropolitan New England city and town area.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/business/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.26"}
{"text": " \"If we are only talking about a few extra months between jobs which is quite common now then how do you get to \"\"living beyond their means\"\"?  Either they have unemployment insurance or they don't.  It sounds like you don't like unemployment insurance.  So go bring that to a vote.  So far the majority of people want unemployment insurance in place because they see greater economic benefit in providing this service.\""}
{"text": " In my graduate thesis I explored the liquidity changes in the bond markets. Part of my research led me to also identifying an opportunity for blockchain to play a role in measuring it, something mathematically impossible but increasingly necessary in fixed Income.  Definitely interested"}
{"text": " Closing the card will be fine. The consequences are related to your available credit and actual/potential utilization. If you have less total credit, any credit you actually use will be a greater percentage of your total credit, manipulating your score downwards more greatly. The next consequence will be related to the age of your credit history, which is an average of your credit lines. This seems negligible and also beneficial for you, since your credit history is so young to begin with."}
{"text": " \"Try to appear interesting to the guy.  Don't try and discuss finance, your views on current finance events, or anything of that nature.  Listen a lot to what s/he has to say and - when you hear something that you know a lot about - talk about that, in your most articulate and interesting tone.  The reason I say \"\"don't talk about finance\"\" is that - given your level of education and work experience - there's likely nothing you know that s/he doesn't, and it's even more likely that you're going to talk about something that you don't truly understand on a functional level.  What's likely to happen in this case is that you're probably going to be forgotten as just another person who talks about entry-level finance.  To reiterate: Just make sure you come off as interesting (\"\"memorable\"\"), and relaxed/easy going.  It might help if you network over a drink or two...\""}
{"text": " My father was a career Army Officer and earned his Master's in management; one of the many things he taught me was that if you want respect, focus on how you make the employee feel about themselves rather than how they feel about you.   From my own experience, you have to have faith in people, and demonstrate that by really truly giving them the power to make meaningful decisions. Ask more questions and listen more than you direct/give instruction. Chances are your employees know the problem better than you do."}
{"text": " Companies, especially big ones, find in Switzerland a business-friendly environment and often benefit from a special tax regime. Don't mix the companies interests with yours."}
{"text": " Yes. As long as the stock is in a taxable account (i.e. not a tax deferred retirement account) you'll pay gain on the profit regardless of subsequent purchases.  If the sale is a loss, however, you'll risk delaying the claim for the loss if you repurchase identical shares within 30 days of that sale. This is called a wash sale."}
{"text": " Flame broiled, put in a plastic tin, and then tossed into a microwave to warm up when ready to serve.  Watch them make your burger next time if you can.  Seeing the sausage being made turned me off of BK burgers for a long while."}
{"text": " The simple answer is yes - put 20% (or more) down. In the past I have paid PMI and used a combination first and second mortgage to get around it. I recommend avoiding both of those situations. I am much more comfortable now with just a regular mortgage payment. The more equity you have in your home the more options you will have in the future."}
{"text": " \"&gt;it certainly wasn't a priority for the government to oversee account-opening operations at the branch level  &gt;**Consumer Finance** protection bureau  What the hell are they supposed to be doing then? There are already multiple organizations for the institutional level this group was created specifically for consumer level products and they missed one of the most blatant and widespread abuses in recent history.  Dodd Frank is like if my kid crashed my car, so I broke his arm to make sure it never happened again. Making sure he can never crash cause he can't even get behind the wheel, but failing to consider the greater consequences. &gt;particularly among those of us who chose to leave big banks for smaller banks, who now have carte blanche to gamble in order to \"\"compete\"\" with the big guys. Looks to me like a strategy to discredit smaller banks in the end.  Please explain this one to me because I don't understand what you mean at all. You know most of the bulge bracket banks are *against* this rule while many community banks have expressed support? And what are you talking about freedom to \"\"compete\"\" against the big guys? What are you even talking about and how is that freedom threatened?  Since you brought up Republicans it seems to me like you are a liberal who hears 'Republican repeals regulation' and immediately think you have to be against it. There are a number of reasons this bill should receive bipartisan support:  * The guy who sponsored this bill was staunchly against the bail outs of '08 and wanted the banks to just fail.  * The compliance costs under Dodd are massive and smaller banks can't afford to pay them, and they shouldn't have to because if they fail to meet compliance they will just go bankrupt and won't bring the economy down with them.   * More overhead for compliance = lower deposit rates for clients = can't compete with bulge brackets. On a side note this is a general rule anyways and why I think its stupid to be using a community bank. Ever.   * It removes the orderly liquidation authority and leaves big banks to die instead of getting bailed out.  Other than the stigma of voting for GOP backed repealing of regulation the only real counter argument seems to be Elizabeth Warren, trickle down, Wall Street, 1%.\""}
{"text": " What America needs is a federal union.  One that will:  - eliminate H1B visa programs  - put the wall up and hold employers of illegal immigrants accountable   - enforce patent/copyright infringement to the point that trade agreements will be disassembled if there are system, widespread, wholesale violations.   - force automation into low paying roles (low paying wages are a scourge and need to be automated as quickly as possible)  - provide training pathways and educational opportunities that don't put the trainee/student in debt for the first 10 years of their career  The list is really endless, but these are just a few starter ideas to nail to the door of the labor market."}
{"text": " We specialise in bike sheds, but have a bespoke service and can design and build pretty much anything.  We are sending two sheds to California next week, and already have one in Texas, as well as across Europe.  Our website is www.thebikeshedcompany.com  Being able to export without incurring huge shipping costs is our current challenge."}
{"text": " Don't over analyze it - check with some local landlords that are willing to share some information and resources  Then analyze the Worst Case Scenarios and the likelihood of them happening and if you could deal with it if it did happen Then Dive In - Real Estate is a long term investment so you have plenty of time to learn everything..... Most people fail.... because they fail to take the first leap of faith !!!"}
{"text": " It's nice that she's willing and able to give free lessons. I caution that her students (or their parents) won't really value the lessons unless they are paying for them. Charge enough to make the lessons worthwhile to the student/family, even if you are giving a friendly discount to market rates. $50 per 45-minute lesson is market (at least where I live). $40 would be a good deal. $25-30 is quite a deal. Books are extra, of course. (2017 rates)"}
{"text": " At Affordable RV storage customer get more saving then just money. They save time when they use the amenities at the vehicle storage facility. Even when using this boat storage you getting the best rates anywhere. RV parking is easy and user freindly for all customers. This RV storage is far more superior then all other competitors."}
{"text": " I know of no generic formula for determining if an investment property is a good investment, besides the trivial formula. Make sure your income is greater than your expenses, and hope the value of the property doesn't drop. Some people will tell you to expect the monthly rent to be a fixed percentage of the purchase price, but that is a goal not a certainty. It is also impossible to estimate the difficulty renting the property, or how long the roof will last. Taxes can't be predicted, as the value of the house increase, so do the property taxes, but you might not be able to increase the rent.  You can't even predict the quality of the tenant. Will they damage the property? Or skip out early? You will need somebody who knows the local market to estimate the local conditions, and help you determine the estimated costs and income based on the actual property involved."}
{"text": " \"I don't know about the technicalities of retirement accounts, but I would advise you to please please please do not use retirement money to buy a home. The reason for not ever wanting to spend your retirement is.. when can you make it up?  When you retire, you are by definition no longer earning money, so all your expenses can only come from the money you have saved.  If you are willing to borrow from your retirement, it is not hard to imagine you are willing are willing to get a new car, or a new barbecue, or a new fishing boat before you repay yourself. So the question to ask yourself is, \"\"can I deal with renting for a few years knowing that I can retire comfortably, or am I willing to risk retirement to have a house now.\"\" Part of the will power it takes to pay yourself first is not taking from your own savings.  You cannot count on anybody but yourself to take care of you when you are old. It is just opinion, but risking a comfortable retirement for a home now is not a risk anybody should take.\""}
{"text": " Firing at the first sign of trouble is a good way to ensure high turnover.  If you're concerned about her missing work for personal reasons, then you should discuss those concerns with her and see if corrective behavior doesn't solve the problem; it might simply be a matter of your policies not being as clear as they should be."}
{"text": " A lot of people on here will likely disagree with me and this opinion.   In my opinion the answer lies in your own motives and intentions.   If you'd like to be more cognizant of the market, I'd just dive in and buy a few companies you like.  Many people will say you shouldn't pick your own stocks, you should buy an index fund, or this ETF or this much bonds, etc.  You already have retirement savings, capital allocation is important there.  You're talking about an account total around 10% of your annual salary, and assuming you have sufficient liquid emergency funds; there's a lot of non-monetary benefit to being more aware of the economy and the stock market.  But if you find the house you're going to buy, you may have to liquidate this account at a time that's not ideal, possibly at a loss. If all you're after is a greater return on your savings than the paltry 0.05% (or whatever) the big deposit banks are paying, then a high yield savings account is the way I'd go, or a CD ladder. Yes, the market generally goes up but it doesn't ALWAYS go up.  Get your money somewhere that it's inured and you can be certain how much you'll have tomorrow. Assuming a gain, the gain you'll see will PALE in comparison to the deposits you'll make.  Deposits grow accounts.  Consider these scenarios if you allocate $1,000 per month to this account.   1) Assuming an investment return of 5% you're talking about $330 return in the first year (not counting commissions or possible losses). 2) Assuming a high yield savings account at 1.25% you're talking about $80 in the first year.   Also remember, both of these amounts would be taxable. I'll admit in the event of 5% return you'll have about four times the gain but you're talking about a difference of ~$250 on $12,000.  Over three to five years the most significant contributor to the account, by far, will be your deposits.   Anyway, as I'm sure you know this is not investment advice and you may lose money etc."}
{"text": " This is a very good question and is at the core of corporate governance.  The CEO is a very powerful figure indeed. But always remember that he heads the firm's management only. He is appointed by the board of directors and is accountable to them. The board on the other hand is accountable to the firm's shareholders and creditors. The CEO is required to disclose his ownership of the firm as well.  Ideally, you (as a shareholder) would want the board of directors to be as independent of the management as it is possible. U.S. regulations require, among other things, the board of directors to disclose any material relationship they may have with the firm's employees, ex-employees, or their families. Such disclosures can be found in annual filings of a company. If the board of directors acts independently of the management then it acts to protect the shareholder's interests over the firm management's interest and take seemingly hard decisions (like dismissing a CEO) when they become necessary to protect the franchise and shareholder wealth."}
{"text": " The DTAA (Double Taxation Avoidance Agreement) Article 20 will apply to the Provident Fund money received while you were a resident in the US. Yes, you will add the Interest received on PF (Interest only for the year/s when you were a resident of US, and not when you were a Resident in India) in your 1040 and claim exemption under the treaty.  Do not add all of your PF contribution for last 10 years or 10 years of interest to 1040, as this was not contributed/earned when you were a US Resident. Consider, just the Interest Earned in the year when you become a Resident of US and then claim exemption under the treaty."}
{"text": " Yes, you can blame the consumer, and that's fair. But the question is, are our labelling laws pretty good? And the answer is no, especially when conpared to comparably affluent countries. Not. At. All.   What I described is an intentionally created loophole used to mislead the consumer. It's ridiculous."}
{"text": " \"The \"\"coin flip\"\" argument made in the article is absurd.  My old boss had a saying, \"\"the harder I work, the luckier I get.\"\"  He came from nothing, worked maniacally to become an Olympian, and later in life became a multi-millionaire.  This is a common story among self-made people.  I DO think that the rich have significant advantages:  education, contact networks, access to startup capital, etc.  These are very helpful, but don't assure success.  Their lack is not insurmountable by the ambitious.  I also think those advantages have expanded in recent years.  Monetary policy has resulted in a large pool of investable funds being made available to to the financial sector, who earn high incomes with rent-seeking tactics.\""}
{"text": " Explain the situation to a landlord and offer to prepay a few months of rent in advance as a guarantee.  This may or may not work, but being honest and committed may just be the answer."}
{"text": " In this 100% free course, you will learn the INSIDER SECRETS that we and hundreds of others have successfully used to create long-term sustainable wealth that allows you to FEEL GREAT about what you are doing and who you are helping ALL while simultaneously making HUGE MONEY! This course was written by active owners, operators and investors in Group Homes,"}
{"text": " Until we get free returns from all online retailers, I am still shopping at malls and physical stores. Some stuff just doesn't fit you and retailers don't offer enough measurements to really do you justice. The most important thing in clothes is fit, and you have to try something on to validate that."}
{"text": " Basic arbitrage is the (near-)simultaneous purchasing and selling of things that are convertible.   The classic example is the international trading of equities. If someone in London wants to purchase a hundred shares of Shell for 40 GBP ea. and someone in New York wants to sell you a hundred shares of Shell for 61 USD ea., you can buy the shares from the guy in New York, sell them to the guy in London and convert your GBP back in to USD for a profit of $41.60 minus fees.  Now, if after you buy the shares in New York, the price in London goes down, you'll be left holding 100 shares of Shell that you don't want. So instead you should borrow 100 shares in London and sell them at the exact same time that you buy the shares in New York, thus keeping your net position at 0. In fact, you should also borrow 4000GBP and convert them to USD at the same time, so that exchange rate changes don't get you."}
{"text": " So we stop developing new technologies? Stop learning things? Stop figuring out ways to do more with less?   The article provides no explanation for why growth is bad, and all indications of when growth has stopped it has been tremendously hard on the lower class."}
{"text": " A company typically goes public in order to bring in additional capital. In an IPO, the company (through its officials) will typically do so by issuing additional shares, and offering to sell those to investors. If they did not do that, then there would be no net capital gain for the company; if person A sells share in company C to person B, then company C does not benefit directly from the exchange. By issuing and selling additional shares, the total value of all stock in the company can increase. Being publicly traded also greatly increases the confidence in the valuation of the company, as a consequence of the perfect market theory. There is nothing in this that says that initial investors (cofounders, employees, etc.) need to sell their shares in the process. They might choose to do so, or they might not; or they might be prevented from doing so by terms of any agreements that they have signed or by insider trading laws. Compare What happens to internal stock when a company goes public? Depending on specifics, it might be reasonable for the company to perform a share split prior to the initial public offering. That, however, doesn't affect the total value of the shares, only the price per share."}
{"text": " \"Very interesting. I'm actually glad you mentioned term structure models, because that's something I'm interested in. But I don't think the distinction you draw between \"\"equilibrium\"\" and \"\"arbitrage free\"\" models makes sense with Black-Scholes.  My understanding was that the discrepancy between equilibrium and arbitrage-free term structure models arises because term structure models lack market completeness. In other words, when the market is incomplete (as it is with interest rates), you'll have a continuum of bond prices that are compatible with no arbitrage, and the exact price will depend on the market price for risk.   However, in Black-Scholes, the market price for risk term basically falls out of the equation because of market completeness. Or in other words, since we have market completeness, there's a *unique* martingale measure that gives the price for the option. So when you have market completeness, there should be no difference between an equilibrium and a no-arbitrage model - they're one and the same.\""}
{"text": " If you give me $216k to trash my credit report, I'll take it every time. People place too much value on the ability to borrow rather than having cash up front. I never pay interest (I do use a credit card and pay it off every month).  Why would you need to borrow money if you effectively got handed $200k? Of course, if your networth went from -$200k to 0, you are still broke. But considering that you were in that situation in the first place, the inability to borrow money may be a good thing."}
{"text": " Ok so Arbitrage?  I was looking specifically at the people who took this deal to the extreme taking the $5k and using the $10 giftcards to buy prepaid credit cards.  Would the better term would be positive-feedback loop, since the only constraint would be time and energy to the people exploit this deal.  Is there a financial term that fits this better?"}
{"text": " Jennings Smith is an experienced team of professionally licensed and credentialed Connecticut, New York &amp;amp; New Jersey Private Investigators &amp;amp; Security Consultants who have provided a wide range of private investigator, security and forensic services to clients nationally and internationally for the past 25 years"}
{"text": " \"Whoops, responded to the wrong person. Reposting for you in case you didn't see it.       Here's a source for the $3.7 trillion number.      http://www.bloomberg.com/news/2011-12-08/u-s-municipal-bond-market-28-larger-than-estimated-federal-reserve-says.html    It's not 'incorrect data'.        EDIT:  Furthermore, in order to know the \"\"extent\"\" of the crime (your own admission) we NEED to know the size of the entire market otherwise you can't have any perspective or determine extent.  So there's no reason it shouldn't be mentioned in the article.\""}
{"text": " The President of the Biggest Economy in the world, who is making a new Tax plan, replacing the Head of the Fed and over seeing a loosening of financial regulation, is in all intents and purposes a Fucking Moron, how do you think this relates to the economy?"}
{"text": " \"Their banking systems basically avoid usury, which is essentially interest, because it is immoral.  So how the lenders make money is by being a \"\"partner\"\" and getting a pre-agreed to amount of profit. However, risk of failure is still on the borrower. In the end the numbers come out the same, they just call it something different.  http://en.wikipedia.org/wiki/Usury#Islamic_banking\""}
{"text": " &gt; Only a Sith Deals in Absolutes  I feel that it's a huge problem wherever you go. Nobody wants to take the middle road. I feel that the reduction in fertilizer and pesticides must also might be good for the pocketbook as well.   I'm one of those that took chemistry, and know that chemicals are chemicals, natural or factory-made."}
{"text": " Ofc it's for cost. Either better cost but lower talent or better cost and same talent.  That's my point for Ricardian theory.  At 4 percent, its hard to say many are out of jobs. Perhaps they are holding out for higher salary than what market thinks they deserve.  Regardless, there is nothing wrong with companies looking for lower cost. That's capitalism and that's what allows you to have better breakfast than kings did pre industrial."}
{"text": " \"Day trading is an attempt to profit on high frequency signal changes. Long term investing profits on low frequency changes. What is the difference? High Frequency Signal = the news of the day. This includes things like an earnings report coming out, panic selling, Jim Cramer pushing his \"\"buy buy buy\"\" button, an oil rig blowing up in the ocean, a terrorist attack in some remote region of the globe, a government mandated recall, the fed announcing an interest rate hike, a competitor announcing a new product, hurricanes, cold winters, a new health study on child obesity, some other company in the same sector missing their earnings, etc. Think daily red and green triangles on CNBC: up a buck, down a buck. Low Frequency Signal = The long term effectiveness of a company to produce and sell a product efficiently plus the sum of the high frequency signal over a long period of time. Think 200 day moving average chart of a stock. No fast changes, just, long term trends. Over time, the high frequency changes tend to negate each other. To me, long term investing is wiser because the low frequency signal is dominated by a companies ability to function well over time. That in turn is driven by the effectiveness of its leadership coupled with the skill and motivation of its employees. You are betting on the company and its people. Pseudo-random shorterm forces, which you can't control, play less of a role.  The high frequency signal, on the other hand, is dominated by sporadic and unpredictable forces that typically can't be controlled by the company. It has some tinge of randomness about it. Trying to invest on that random component is not investing at all, it is gambling (akin to \"\"investing\"\" in that next coin flip coming up heads) I understand the allure of high frequency trading. Look at the daily chart of a popular stock and focus on the up and down ticks. Mathematically, you could make a killing if you could just stack all those upticks on top of each other. If only it was that easy.\""}
{"text": " You might consider a Green Dot card. You can personalize the name on the card. There is no risk of over-drafting. There are some fees when you fill the card in stores, but it is free to open and manage online. Check out their site and see if it will work for you. It could be a great pair with a joint bank account for you and your kids. https://www.greendot.com/greendot/ Rock on for teaching personal finance and responsibility to your kids!"}
{"text": " \"As a Venezuelan who used to buy USD, I believe there is not better explanation than the one given to someone who actually lives and works here in Venezuela. Back in 1998 when Hugo Chavez took the presidency, we had a good economy. Fast forward 10 years laters and you could see how poor management, corruption and  communist measurements had wreaked havoc in our Economy. It was because most of the money (USD) coming in Venezuela were not invested here but instead, given away to \"\"pimp countries\"\" like Cuba. Remember, communism lasts while you have money. Back then we had an Oil Barrel going over 100$ and crazy amounts of money were coming in the country. However, little to no money was invested in the country itself. That is why some of the richest people with bank account in Swiss are Venezuelans who stole huge amounts of Oil Money.  I know this is a lot to take in, but all of this led to Venezuelan economy being the worst in The American Continent and because there is not enough money inside the country to satisfy the inner market, people would pay overprice to have anything that is bought abroad. You have to consider that only a very small amount of people can actually buy USD here in Venezuela. Back in 2013 I was doing it, I could buy about 80 usd/month with my monthly income. However, nowdays that's nearly impossible for about 99% of Venezuelans.  To Illustrate. Minimum wage = 10.000 bolivares / month Black market exchange rate (As of January 2016) = 900bs per 1usd 10.000/900 = 11,11 usd.   <<< that is what about 50% of Venezuelans earn every month. That's why this happens:  http://i.imgur.com/dPOC2e3.jpg The guy is holding a huge stack of money of the highest Venezuelan note, which he got from exchanging only 100 usd. I am a computer science engineer, the monthly income for someone like me is about 30.000 bolivares --- so that is about 34$ a month. oh dear! So finally, answering your question Q: Why do people buy USD even at this unfavorable rate? A: There are many reasons but being the main 2 the following 1.- Inflation in Venezuela is crazy high. The inflation from 2014-2015 was 241%. Which means that having The Venezuelan currency (Bolivares) in your bank account makes no sense... in two weeks you won't be able to buy half of the things you used to with the same amount of money. 2.- A huge amount of Venezuelans dream with living abroad (me included) why, you ask? well sir, it is certain that life in this country is not the best: I hope you can understand better why people in 3rd world countries and crappy economies buy USD even at an unfavorable rate. The last question was: Q: Why would Venezuela want to block the sale of dollars? A: Centralized currency management is an Economic Measure that should last 6 months tops. (This was Argentina's case in 2013) but at this point, reverting that would take quite a few years.  However, Turukawa's wikipedia link explains that very well. Regards.\""}
{"text": " \"One might hope for slightly more rationality in the platinum market. Rarely does one hear talk of \"\"platinum bugs\"\", rants about how every society on Earth has valued platinum as the One True Valuable Thing (tm), or seen presidential candidates call for the return to the platinum standard.\""}
{"text": " \"LOL!!!! A BBC report about \"\"hate crime\"\" only listing attacks on migrants, but does not list attacks on Germans.  **Bottom line: Germany needed those migrants like it needed a bullet in its head. Meanwhile, Japan, Poland, Hungary, Norway, etc have not issue to deal with and they are doing just fine.**\""}
{"text": " \"This is regular income to you (unless you meet some very narrow health-related field exceptions.) There's no \"\"claiming of income\"\" by you, it should be included on your W-2 as regular income where it will be subject to employment and income tax. Think of it like a bonus. It will bump up your income and make it look like you earn more money (because you did). There's no special tax break for you or your employer for paying off your pre-existing student loans. Talk to your student loan servicer to find out how the extra money will affect your income-based repayment plan next year. They should be able to tell you, or at least estimate for you, how it will change your future payments. Armed with that knowledge you can then decide whether or not to take the money from your employer. Naively, it would seem dumb to turn down free money, but there are some weird incentives out there.\""}
{"text": " While I don't disagree that Wells is trash, it may not be intentional reordering on their part. Some merchants don't settle their machines in a timely manner which can delay an item from posting. So while they were run first, and the funds were probably held in the correct order awaiting posting, the last item CAN clear first due to this. I would reach out to the bank for fee reversals, using the receipts as proof of transaction order."}
{"text": " I could definitely see a future where Amazon runs home automation. Especially when you consider 24/7 access to their store and streaming platforms.  That said, I imagine Google will probably repeat history and pivot to business applications. Google Assistant, partnered with Google Maps, could do very well with the autonomous car market. A distributor could handle entire fleets from his phone."}
{"text": " Well, not having heard of this guy before, I have to be careful taking what he says at face value. I agree with him to some degree, but I suppose I'm not as confident in my assessment. The list of his credentials seems relevent to me, but it would be informative to have more insight into his motives for his opinions."}
{"text": " The 5% to 6.5% loan rates are a bit high. You'll probably want to pay those off first, and make it one of your priorities as soon as you have a 6-month savings fund. This should probably take precedence over savings for retirement, unless you're giving up a 401(k) match. Pay extra on the highest-interest loan until it's all paid off, then switch to the next one down, and accelerate the payoff as much as you can. If you're looking at a loan at 6% and a payoff date in 8 years or so (2020), am extra dollar paid now will save you ~$0.60. Not a bad return in general, and an excellent return for something that's zero-risk. The other loans, at 2-3%, are different. An extra dollar paid now on a 2% loan will save you $0.17 over 8 years. That's a pretty mediocre return. If you have a good, stable job and good job prospects, and a decent family support network, and few commitments like children and mortgages, and a low cost of living... generally, the things that help you have a high tolerance for risk... then you should consider investing your money in the stock market instead of paying off these loans any earlier than you need to. (Broad index funds and the like, not individual stocks)."}
{"text": " Usually points have different value depending on what you use it for and how much of them you convert. For many providers, if you have enough (10000+ usually) points, it is possible to convert them 1:1 (which means 1 point converted to 1 cent) to either cash or something that is almost as good as cash ($100 gift card for some popular store or $100 Amazon.com certificate, etc.). Some cards have more exotic ways of getting best value - such as transferring money to pay student loans, retirement accounts, etc. So to get the best value, I'd recommend to make a list of what you can get from your program (most types of reward are uniform - i.e., many gift cards with the same price, so the work may be less than it seems) and calculate point values of each of those. If you want to be really precise take into account that if you buy something with points, you do not earn points on that, which reduces the value a little. In general, these days it is very rare to get a card that produces more than 1% back, though some have up to 5% for certain categories of purchases."}
{"text": " Purchasing a universal AC adapter is a right decision as it fits in a wide range of laptops that require a different connector. This kind of adapter has a range of output which voltage settings suit to different kind of laptops. And always kept in mind while purchasing it, pick a company who provides good quality of product and genuine guaranty."}
{"text": " The answer likely depends a bit on which state you are in, but this should be true for most states.  I don't know anything about Pennsylvania specifically unfortunately. The Affordable Care Act created the SHOP marketplace, which allows small businesses to effectively form larger groups for group coverage purposes.  SHOP stands for Small Business Health Options Program, and requires only one common-law employee on payroll. This would effectively allow you to offer group coverage without having a group.  Talk to your tax accountant for more details, as this is still very new and not necessarily well understood. There are some other options, all of which I would highly suggest talking to a tax accountant about as well.  HRAs (health reimbursement accounts) allow the employer to set aside pre-tax funds for the employee to use for approved medical expenses; they're often managed by a benefits company (say, Wageworks, Conexis, etc.).  That would allow your employee to potentially pick a higher deductible health plan which offers poorer coverage on the individual marketplace (with after-tax dollars) and then supplement with your HRA. There are also the concept of Employer Payment Plans, where the employer reimburses the employee for their insurance premiums, but those are not compatible with the ACA for the most part - although there seems to be a lot of disagreement as to whether it's possible to have something effectively the same work, see for example this page versus this for example."}
{"text": " I don't know what you mean by 'major'. Do you mean the fund company is a Fidelity or Vanguard, or that the fund is broad, as in an s&P fund?  The problem starts with a question of what your goals are. If you already know the recommended mix for your age/risk, as you stated, you should consider minimizing the expenses, and staying DIY. I am further along, and with 12 year's income saved, a 1% hit would be 12% of a year's pay, I'd be working 1-1/2 months to pay the planner?  In effect, you are betting that a planner will beat whatever metric you consider valid by at least that 1% fee, else you can just do it yourself and be that far ahead of the game.  I've accepted the fact that I won't beat the average (as measured by the S&P) over time, but I'll beat the average investor. By staying in low cost funds (my 401(k) S&P fund charges .05% annual expense) I'll be ahead of the investors paying planner fees, and mutual fund fees on top of that. You don't need to be a CFP to manage your money, but it would help you understand the absurdity of the system."}
{"text": " I didn't take too many finance or economics courses so i can't comment.   In my post I recommended the YouTube video or audiobook 'why an economy grows and why it doesn't'  I guess it's more economy related than finance related, but is still relevant as it touches on loans and net worth and stuff."}
{"text": " So, in general, pay to the higher interest rate.  Some contrived reasons you would want to pay your auto  loan more could be:"}
{"text": " \"&gt;Good, that gives their competition time to take market share.  Except TAM (total actual market) is decreasing, the pool of \"\"market share\"\" is going down. So what's happening is companies are slashing margins to even maintain market share, much less increase it. Look at what's happening in computers, DELL, HP, Acer, Asus, Lenovo. Apple's sales numbers dropped for notebooks as well, but because they didnt drop as much as HP or Lenovo their market share went up. This is the new normal. Less than stellar sales.  &gt;As long as there is money on the table, someone is going to reach for it. Markets aren't known for their patience.  Problem is there is less and less money on the table. Big companies are squeezing little companies. Know what you just described? Wal-mart puts the little guy out of business--- they're efficent!   &gt;Bullshit, tax burdens cause tax avoidance, they don't touch production as long as profits are still available.  Yes, some, but you can only avoid it if you are multi-national. Businesses with completely domestic operations cannot avoid liabilities in the same way. But as I said above the markets are shrinking, there is less money on the table and the players that are left are fighting over the last scraps. That is obviously a bit extreme, but I personally deal with a lot of retailers and OEMs and there is NOT the wiggle room you describe. I get beat up for a few dollars.   I am not talking about banks, or energy companies, or healthcare companies. I am talking about the thousands of small and medium businesses that are already squeezed. These entities are the lifeblood of the larger economy. One or two go out of business and nobody notices, but hundreds and thousands of these companies have closed now. A healthy company is not made up of only Wal-mart, Exxon and Apple.\""}
{"text": " In the UK we give small businesses the option not to charge sales tax and as a business owner I can see a parallel.  Then I think about it from the perspective of a black, career-focused woman who happens to be put in front of a racist HR manager who thinks all women are baby factories and I realise it's not the right solution at all."}
{"text": " But the source is important when you consider that it's strategic. As in, Amazon has profitted from the patent wars up until now, but now that they are planning to make a move into smart phones where they don't have as much ammunition, they want everyone to play nice."}
{"text": " &gt; Russia seems doomed to remain a \u2018Third World country with a First World military\u2019   Considering how the Supreme Court has been stacked (not to mention the other two branches of the government), seems this is where America is headed as well."}
{"text": " Until you find a job, I would recommend doing nothing more than a bank checking account or a checking and savings account.  Some alternatives, such as savings bonds, would be okay if you were perfectly sure you did not need the money in the next six months.  Consider working for a place such as McDonald's in the meantime. Once you have stable employment, there are two paths you could take.  The first is a bond fund.  It would provide fair market returns for the time between now and the collection of social security.  The second would be a traditional annuity.  You have to be careful with them.  If it sounds much better than what others are offering, it is probably a scam.  Your interest in an annuity is that it will pay you money for as long as you live.  If you live to be 105 you will still be getting payments.  A bond fund would have run out of money long ago by that time. The biggest thing for you right now is getting to when Medicare takes over from private health.  Looking for any job is important right now to preserve cash. Although I do not normally recommend annuities, I do with smaller amounts of cash.  It is unlikely you will ever recover this sum again and the time remaining to save is very short.  The greatest challenge with an annuity is regret.  You can't get the money back once you have turned it into an income stream.  On the other hand, it will last as long as you live. The only important caveat is that if you are in poor health, then the bond fund would be better for you because you may not live to be very old."}
{"text": " And rich person is more likely not to choose subpar government services when they can choose something else. Meaning if the were allowed to opt out of this monopoly service provider they would. Meaning the only ones who want government services is those who want someone else to pay for it for them."}
{"text": " all other things being equal if you have two stocks, both with a P/E   of 2, and one has an EPS of 5 whereas the other has an EPS of 10 is   the latter a better purchase? What this really boils down to is the number of shares a company has outstanding.  Given the same earnings & P/E, a company with fewer shares will have a higher EPS than a company with more shares.  Knowing that, I don't think the number of shares has much if anything to do with the quality of a company.   It's similar to the arguments I hear often from people new to investing where they think that a company with a share price of $100/share must be better than a company with a share price of $30/share simply because the share price is higher."}
{"text": " \"When Laurence Olivier took the role of Douglas Macarthur in the Unification Church's filming of Inchon, he told the press, \"\"People ask me why I'm playing in this picture. The answer is simple: Money, dear boy.\"\" Banking systems are typically decades old and subject to innumerable legal and technical restrictions. Moving money more quickly from one client's account to another would definitely be in the clients' interest, but\""}
{"text": " An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding\u2019s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Car Title Loans Apple Valley CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans  Contact Us: Get Auto Car Title Loans Apple Valley CA 17868 US Highway 18 # 409, Apple Valley, CA 92307 760-493-2444 autoloans781@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-apple-valley-ca/"}
{"text": " That's not how the world works. That's not how any of this works. They knew he didn't have a degree. You don't get recruited before you graduate because you're a useless expendable. He's going places. And they'll probably pay for him to finish his degree at some point. Either way, he's gonna be rich."}
{"text": " \"There are only two ways to increase your savings: You are young, and both of these are likely to spontaneously happen - you will be promoted and get raises, and your loans will be paid off, removing the loan payment. It would seem that you need only to wait a year or so, and there will a lot more than $87 left over each month, and your savings will grow almost without any action from you. But somehow, that is not what happens in real life. As people get older they \"\"need\"\" more than they did before (larger home, more expensive \"\"things\"\", etc) and they never manage to get around to saving. So it's great that you are wondering how to do it. But you are not truly making it a priority. You mention that you also pay/spend for friends, the internet, play & joy, cloth, gifts, book, etc. And this armwavy entirely optional spending is the difference between 72.85 (such precision!) and 90% of your salary. In other words it is 17-18% or more than your rent. Think about that for a moment. Every month you spend more than your rent on friends, play, joy, books and good old etc. If you were to cut that in half, you could save 8 or 9% of your salary. Maybe after your next raise you can get that up to 10%. How can you cut that optional \"\"fun\"\" stuff in half? Well, I don't know, because I don't know what it is, and I suspect you don't either. So track it, for a month or two. Are you getting takeout food or coffee every day? Are you always the one who pays when you go out with friends? Do you eat in restaurants a lot? Do you always wear the latest fashions, buy $500 shoes, pay people to do your nails or dye your hair, buy a new phone every year, have the top end phone plan, top end cable plan, ... You have to know where that rent's-worth of money goes every month. Then you can figure out how to send some of it to savings instead.  In some ways you are in a hard generation. Your parents didn't need to save for their retirement because they had you, and they know you will send money home for them. But you probably don't expect the same from the children you don't have yet, so you have to save for yourself. This is a challenge. If you were saving the money you send your parents, you'd be fine. Yet you don't want to reduce what you send, they need it. Still, people have faced bigger challenges and overcome them. Start by understanding where your fun money is going, then look at how to send some (aim for half) of that to savings instead. You won't regret it.\""}
{"text": " \"No, it's not a closed loop. Most currency in circulation is bank credit, meaning money that originates from loans that originated from a bank. Once the loans are repaid, the \"\"money\"\" that was created by the loan disappears - freeing up the bank to make more loans. This is how fractional reserve banking works. [Check this out](http://www.youtube.com/watch?v=W3hLKpKv3ME) for more info (it's really interesting actually).  Not to say that the rich aren't \"\"sopping up\"\" too much cash. It definitely is a problem...\""}
{"text": " property rights...N. America was the only region without a large population relative to it's size because it's cold. To encourage ppl to move their the King of England had to give ppl property rights, which he did not in other southern colonies where their main plan was resource extraction (not sure if this is the case in NZ or Australia, but I wouldn't be surprised)."}
{"text": " As has already been mentioned, measure, change, measure.  Stopping vampiric power drain in the items you mentioned is going to save you very little electricity or money. There are much larger power users in your home that can be tackled first. If you have a fridge, freezer, and electric water heater on Time-Of-Use billing, shifting their energy usage to off-peak hours can yield significant monetary savings. I have put my water heater on a timer that turns the thing on 3 hours before I get up and shower, and turns off just before shower time. I get more than enough hot water for showers, and the heater isn't maintaining a tank of hot water during the day or night when I don't need it. Same can be done with your fridge and freezer. Set the fridge a little colder and run it off-peak and your food will stay cold/frozen during the day.  Note that while putting the water heater on a timer may get you both money and electricity, doing the same for the fridge and freezer will only get you financial savings as you time-shift your electric usage. I was able to get a 20% saving on my electric bill by time-shifting my water heater and fridge. Your mileage may vary."}
{"text": " Maybe that's just the company I work for, but I've been in this position for a little more than a year and it's been like that the whole time. Even before this position, there were a lot of 10 hour work days for me.   That's corporate America for you."}
{"text": " Of course, there is no way for us to know whether or not the clerk is trying to rip you off $1.29 at a time, but I can't understand the possible motivation for doing so.  I would imagine that most people would catch this at some point, so for a store to consistently overcharge for something like this is really bad for business. They would be risking upsetting a customer all for the potential gain of $1.29. I have to assume that it is not malice, but incompetence.  We don't know what caused the clerk to be confused, but it is not really our concern. From what I can tell, you've gotten the right price in the end.  You were ultimately charged for two drinks, and the extra $1.29 that you were charged was refunded. Since it happened three times, you have to decide how badly you want these drinks in the future.  If you choose to return, you'll just have to expect the possibility that it will ring up incorrectly, and you'll have to get it fixed.  If that seems like too much hassle, then don't return to this store."}
{"text": " I have only been comfortable using my credit unions online bill payment system where the service they use already has the target in the database. When I enter the name of the company and the zip code from the bill, the system responds with the address that matches what is on the bill. In most cases the money is not sent via mail, but it is sent electronically. This eliminates the case of somebody finding the check. Though electronic delivery doesn't guarantee that I didn't type the wrong account number. When adding a new target, I like to pick those that also have an online system that I can check in a few days to make sure the money was received and properly credited. Recently a company failed to credit my account in a timely manner, my credit union actually noticed that the payment hadn't been cashed, and alerted me. I asked the credit union about mistakes, either by me or by them. They claimed that the payment is treated like any other check, and that if there was a problem the money could be pulled back, and my account credited with the funds. Your bank should have a disclosure document stating the risks and protections with the service."}
{"text": " You can find the NYSE holiday dates listed on the exchange's own site (already linked in answer above), which should obviously be consulted as the most reliable source; they are also published in an article that I have written here: NYSE Holidays 2016, which provides additional information about traditions and events that can be expected to lead to unscheduled closures, and closed dates for holidays that are day-of-month rather than date specific (e.g. President's Day and Memorial Day). NYSE Holidays are not quite identical to those for the Chicago Mercantile Exchange, though most US stock exchange dates are the same. Also, note that both the Merc (via the Globex platform) and NYSE Arca have different normal cash sessions and trading hours to the New York Stock Exchange."}
{"text": " Checks are awesome things in that, even if it gets lost the money doesn't change hands until the check is cashed. I would highly recommend NOT signing a check over and putting it in the mail though. Essentially putting your signature on it is saying yes, pay to whomever. Theoretically acceptable, rarely a good idea. Call the insurance company and have them cancel current check to reissue to the correct people. Don't forget to write VOID (in huge letters) on the check before throwing away and/or tearing it up."}
{"text": " Healthy workplaces are on everyone\u2019s mind, especially for those of us who work there! If you are spending a lot of time at a desk or in front of your computer, it is vital to maintaining your health. A poorly designed work environment puts a strain on your neck, back, legs, and wrists, and contributes to fatigue, stress, and injury. You spend a lot of time in your office chair, so you should have one that is ergonomically designed and comfortable enough for extended use. A few tips about ergonomics and buying the right chair can be found at the end of this article. Here, sorted by price from lowest to highest, are the 10 best ergonomic chairs that we have identified for you. http://www.the10thcircle.com/best-ergonomic-office-chair"}
{"text": " hey look I can spout random countries too. Spain!  Back it up, or shut up. The UK did NOT sell debt and simultaneously purchase its own debt in the past (until modern times).   And who said the reason soviet union collapsed was because of its banking policies? Putting words in peoples mouths aren't we.  I think you should move along before you get hurt. This is a grown up conversation little one."}
{"text": " I know in the UK at least, 99% of the time even legitimate collectors don't work directly for the charity.  They work for independent for-profit companies.  The companies collect a large comission (around \u00a350-\u00a370) for every direct debit signup. The guy that knocks on your door will see very little of it.  Have a look at this: http://blogs.mirror.co.uk/investigations/2005/08/just-6-for-eight-days-work-for.html The bags you get through your door for clothing donations are run on a similar basis - the clothes and profit go to a private company, which makes a donation to the charity out of their profits.  Sometimes as little as 0.1% of your donation will go the charity. Always go direct to your chosen charity."}
{"text": " \"You're missing the point here. The goal of ratings firms is **not** to accurately price debt. That's the market's job. The goal of ratings companies is to evaluate the ability of the company to service their debt instrument, much like how the goal of a public accounting firm is to assure that a company's financial statements follow GAAP.  The article implicitly makes the assertion that Aaa rated securities have pretty low default rates; it's mainly only the area of CDO backed securities that there's a large disconnect between the rating and default risk. While this does raise questions about the worthiness of these ratings and the way they went about modeling and rationalizing them, it hardly suggests that they are \"\"wrong over 50% of the time.\"\"  As a side note, why not make it against the law for mutual funds to have rules that allow them to only hold Aaa rated securities? These funds that demand high credit ratings are only contributing to the conflict of interest by essentially \"\"asking for it.\"\"\""}
{"text": " \"Stay away from leveraged or synthetic ETFs. This answer talks about why leveraged ETFs are dangerous. There are numerous articles to be found by searching for \"\"leveraged etf\"\". My answer to this question links to one of the more accessible explanations I've read.\""}
{"text": " Here is a list of threads in other subreddits about the same content:   * [United Nations of Debt: Visualizing $63 Trillion in Global Debt by Country](https://www.reddit.com/r/Economics/comments/79o6jh/united_nations_of_debt_visualizing_63_trillion_in/) on /r/Economics with 1 karma (created at 2017-10-30 22:48:32 by /u/InvisibleTextArea)  ----   ^^I ^^am ^^a ^^bot  ^^[FAQ](https://www.reddit.com/r/DuplicatesBot/wiki/index)-[Code](https://github.com/PokestarFan/DuplicateBot)-[Bugs](https://www.reddit.com/r/DuplicatesBot/comments/6ypgmx/bugs_and_problems/)-[Suggestions](https://www.reddit.com/r/DuplicatesBot/comments/6ypg85/suggestion_for_duplicatesbot/)-[Block](https://www.reddit.com/r/DuplicatesBot/wiki/index#wiki_block_bot_from_tagging_on_your_posts)  ^^Now ^^you ^^can ^^remove ^^the ^^comment ^^by ^^replying ^^delete!"}
{"text": " \"Q: How do currency markets work? A: The FX (foreign exchange) market works very much like the stock market where potential buying parties bid $Y of country 1's currency to buy $1 in country 2's currency.  Potential selling parties sell (ask) $1 of country 2's currency for $Y of country 1's currency.  Like the stock market, there are also a swaps, futures and options in this market. Q: What factors are behind why currencies go up or down? A: Just like any open market, currencies go up and down based on supply and demand.  Many factors affect the supply and demand of a particular currency.  Some were listed well by the other posts. Q: What roles do governments, central banks, institutions, and traders have in the process? A: It's common practice that gov'ts intervene to \"\"control\"\" the value of currencies.  For example, although it's not general public knowledge, the Canadian gov't is actively purchasing up US dollars in the FX market in an effort to stop the US/Canadian exchange rate from dropping further.  This has dramatic economic consequences for the Canadian ecomony if the Canadian dollar were to strengthen too far and too quickly.\""}
{"text": " The maximum you can contribute to both the 403(b) and 401(k) is $18,000. Take the amount you already contributed and subtract it from $18,000. That's how much you have left to contribute before maxing out."}
{"text": " Have you tried calling a Forex broker and asking them if you can take  delivery on currency? Their spreads are likely to be much lower than  banks/ATMs."}
{"text": " \"Wow.  Just ... wow. We all must start where we are, I guess.  The past is the past. There almost certainly isn't a cheap way to fix this.  You're already on the hook for $4k per month.  Your money is enabling her behavior.  You'd rather not enable her behavior, but the money is part of the consequences of your divorce, so into her bank account it goes. Those who control how much alimony your ex-wife receives might reach the conclusion she needs more.  That's not a hard conclusion for them to make.  It's not their money. The living conditions are hurting your kids, and that's unfortunate, but that's also part of the consequences of your divorce. If it's deemed that your kids are better off not visiting her, then you might be relieved of paying child support (since you're supporting them at that point) but you might still be supporting her until some trigger is met, which might be never.  (You know those details better than I do, of course.) If she's already lost her house, filed for bankruptcy, borrowed money from people that she hasn't paid back, and gets a check from you each month and still has utilities shut off, she'll continue to deteriorate financially until she hits rock bottom.  Then, and only then, will she see the need to fix her behavior. Now, the (possibly) million dollar question for you is, \"\"Where is rock bottom?\"\" Do what you can to make that happen sooner rather than later, because you'll likely be subsidizing her all the way down, and part of the way back up.  You've lost most of the leverage you once had to change her behavior, but try every way you can.  You might hit the jackpot.\""}
{"text": " If employees are more productive, then you need less of them to produce the same amount as they did before. Companies want constantly increasing demand for their products so that their value does not decline as their growth and output increases. If companies do not increase pay with productivity, then no one can afford to buy up the increase in products and they become worthless."}
{"text": " \"In most parts of the US, even the more expensive parts, a $100k income can afford the rent or mortgage on a reasonably safe* 2-3 bedroom home within an hour commute of your work, plus the means to commute, plus health insurance, plus retirement savings, plus at least some discretionary income (i.e., choice between living in a nicer neighborhood, eating out more often, buying brand-name apparel, etc). In some places, $100k affords a very comfortable lifestyle, with plenty of savings.   A lot of people who live in or around big, expensive cities think it is outrageous that their $100k income doesn't get them a designer apartment, a wardrobe full of fitted suits, eating out twice a week, two overseas vacations per year, etc. They confuse not having a Hollywood lifestyle, with being poor. Those are some of the most obnoxious people in the world.   *because this post is sure to draw the ire of some privileged people who think that \"\"reasonably safe\"\" means top 5%, I will offer the definition of \"\"reasonably safe\"\" as one of the top three quintiles of US zip codes with lowest violent crime rates per capita.\""}
{"text": " \"This is the best tl;dr I could make, [original](http://newyork.cbslocal.com/2017/06/30/new-jersey-budget/) reduced by 91%. (I'm a bot) ***** &gt; UPDATED 07/01/17 12:10 a.m. TRENTON, N.J. - New Jersey state government shut down at midnight Friday night, after lawmakers failed to pass a nearly $35 billion budget and avert a state government shutdown.  &gt; Gov. Chris Christie called for a special session of the New Jersey State Legislature on Saturday at 11 a.m., and blamed Democratic State Assembly Speaker Vincent Prieto for failing to reach a deal.  &gt; Island Beach State Park announced late Friday night that it would be closed Saturday due to the New Jersey government shutting down.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6kl7zd/new_jersey_government_shuts_down_after_failure_to/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~156665 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*: **state**^#1 **budget**^#2 **Prieto**^#3 **Christie**^#4 **New**^#5\""}
{"text": " For the requirement for risk free and hassle free account a CD or money market account through your local bank, credit union, or even large online bank will be fine. These funds won't grow very fast over time but they are safe and insured. These types of accounts are perfect for all the miscellaneous birthday, Holiday and religious event checks. There is not a requirement that the money be in a UGMA (Uniform Gifts to Minors Act) account. Putting it in a UGMA account does make it hard for the parents to spend. The IRS does allow the child to have earnings from banks without the formality of a UGMA. The money shouldn't be moved between the parent's and child's account but it is possible for the parents to spend the child's money if times are tight and the money is used for items that benefit the child. If there is a reasonable assumption of college then the 529 plan makes a lot of sense. The prepaid tuition options would be risky because they tend to be tied to a single state, and who knows where they will be living in 10 to 15 years. The 529 does focus the money to be used for educational expenses, but it can be used for non-educational expenses if you are willing to pay the taxes and penalties. It can also be transferred to another child later, or even other family members. In my state the 529 plan doesn't have to be used right after high school graduation. It can be used up to 30 years after graduation. So they can decide a few years later that they want to go back to school."}
{"text": " Get a checking account with Ally Bank. They refund all ATM fees from within the US, so effectively, every ATM transaction will have no surcharge."}
{"text": " I'm the contrarian in the crowd. I think credit scores and debt are the closest thing to evil incarnate. You're in good company. The absence of a credit score simply means the agencies have insufficient data in their behavioral model to determine how profitable your business would be to the bank. The higher your score, the more likely the bank is to make a profit from your loan.  IMHO, you're better off building up cash and investment reserves than a credit history. With sufficient reserves,  you will be able to shop around for a bank that will give you a good rate, if you ever do need a loan.  You'll be surprised at how quickly you get in a position where you don't need a loan if you save and invest wisely. I used to have a (high) credit score,  and I was miserable about it because there were always bills due. I gave up debt 14 years ago, paid the last debt 7 years ago, and have never. been happier. Raising kids without debt (or credit score) is much more fun than with debt."}
{"text": " Interesting, that makes some sense.  With Planet Fitness, my understanding is that their cost structure is slanted towards fixed costs. Whether their members come to the gym or not doesn't matter; they still have to pay rent, labor, utilities, buy equipment, etc. Those costs don't change much if people subscribe and don't show up vs. subscribe and do show up.  Moviepass seems to be almost entirely variable; their costs are buying movie tickets when people order. They would love it if people signed up and never used it, but unlike PF if people DID use it they'd be completely screwed.  It's a risky plan, but it just might work as long as people don't figure out a way to game the system (or, you know, turn out to be movie buffs)."}
{"text": " \"Assuming that the will that bequeathed the money to your son did not stipulate any restrictions or set up a trust to hold the money until your son turns 25, or something like that, I don't think you have much choice except to put the money in a UTMA account (which of course can be invested in whatever  the trustee (which could be you, or you and your wife jointly) decides.  Note: not a UGMA account since the money is not a gift. You also don't have any option except to turn the account over to your son when he turns eighteen. The point is, the investment can be in anything as long as the account is registered as a UTMA account.  But do remember also that your son is entitled to sue you for breach of fiduciary duty if you don't take good care of the money, so that blowing it all in risky investments is also not a good idea. If you are worried about taxes and your son's income being taxed at your rate, one way of deferring the issue is to buy US Savings Bonds. The interest can be deferred from taxation until the bonds are redeemed. Edit added in response to JoeTaxpayer's comments: But a better strategy is to declare the accrued interest each year as unearned income of the child on the kiddie tax form that is part of your tax return, and pay the tax, if any, that results To ease your mind or conscience, think of the tax that you pay on your child's behalf as a gift to your child! In any case, there will likely not be much tax due since the first $950 of unearned  income of a child is tax-free and the next $950 taxed at 10%. Then, when the bonds are cashed in, the interest that accrued (and was \"\"taxed\"\") in earlier years can be deducted  from the interest (cash in price minus purchase price) that you (or your son) will be told is the interest that the bonds earned. Of course, if kiddie tax is not a concern (and it shouldn't be, given the amount available for investment), an even better strategy is to set up the UTMA account(s) in long-term investments in low-cost index funds or ETFs (as JoeTaxpayer suggests) and pay the tax, if any, as it comes due.\""}
{"text": " I know I can not trade futures realistically (I never claimed I could). All I wanted was some exposure to commodities.  If I could just trade many of these things in an ETF like GLD or XLV, I would have done that.   On the topic of margin, I appreciate your explaining that to me. I admit readily that I could never invest in futures straight, but I would like to get into commodities and other types of investments. I have tried to look for value in the market, but I have not found many things I would put my money in. I have gone as far as to look through OTC ADRs to find some foreign value, and I found nothing. I just want to be able to trade in any market, and I would consider shorting, but I don't like to be too risky. I want to go long on positions, and it seemed like commodities may be a good speculation to LOOK INTO. Taking rough rice as an example, there are millions (if not billions) of people who eat rice to survive. People will always need oil to fuel their cars. People will always need electricity. So I guess what I am trying to do is look into things that allow me to profit, regardless of where equities are going. The only thing I want to do is trade the options of the futures, not the actual futures themselves. I hope I did not confuse you. If I can earn even $20 from buying an option at a lower price and selling higher, it would allow me to have a greater breadth of tools to use when the market may be overvalued."}
{"text": " Your logo and slogan mean very little at this point. Don't waste too much time on them.  Have him spend his downtime going door-to-door. He should introduce himself as a new plumber in the area, and hand them a $100 coupon for free plumbing work, good once per household, for one call, not including parts.  Most plumbing bills are well over a hundred bucks, so he'll still make money on the call, and I'm willing to bet that people will tell their friends about the plumber that's offering a hundred bucks in free labor, partially because most people naturally feel indebted when they get something for free.  Not only that, but one of peoples' biggest fears in calling a plumber is the bill -- getting $100 knocked right off the top is a great way to get past that psychological barrier.  If he does good work, that leads to recommendations. I'd avoid offering referral bonuses -- you want people referring him because he's Jesus with a wrench, not because they get a Starbucks gift card.  That said, make sure he follows up with clients a few weeks to a month after doing work for them, and checks in to make sure they are still satisfied. Happy clients are clients that refer you to other people.  He can also give those coupons to gardeners, maids, or other people that do in-house work. Those people want the referral bonus -- figure out a sensible fee structure. Alternatively, he can offer to refer them to his clients when they need gardening and so on.  Register on Google Maps, Yelp, etc. Plumbing is location-based, so going too broad on the 'net side of things won't help hugely at this stage.  See if your local hardware stores, supermarkets, and so on will let him put fliers or business cards next to the Drano and toilet parts."}
{"text": " Bad signs:"}
{"text": " I was reading about the development of our modern highway system. Remember 'what's good for General Motors is good for America'? The car manufacturers had a lot to do with the building of the interstates.  The problem is every new generations thinks the problems it sees are new when they are are really just the same ol' same ol' in news togs. Ultimately, much of our inclination to fuck up is down to our lives being so short. Nobody remembers."}
{"text": " seriously money is debt has to be the most ridiculous comparison i've ever heard. that statement implies commutativity and certainly i would never say debt is money. i could take on debt to get money, but the debt itself is a liability and not an asset.  your last paragraph about fiat money is correct, but i should say that with modern financial markets price discovery isn't some magic voodoo thing."}
{"text": " If there's no prepayment penalty, and if the extra is applied to principal rather than just toward later payments, then paying extra saves you money. Paying more often, by itself, doesn't. Paying early within a single month (ie, paying off the loan at the same average rate) doesn't save enough you be worth considering"}
{"text": " \"You don't state where you are, so any answers to this will by necessity be very general in nature. How many bank accounts should I have and what kinds You should have one transaction account and one savings account. You can get by with just a single transaction account, but I really don't recommend that. These are referred to with different names in different jurisdictions, but the basic idea is that you have one account where money is going in and out (the transaction account), and one where money goes in and stays (the savings account). You can then later on, as you discover various needs, build on top of that basic foundation. For example, I have separate accounts for each source of money that comes into my personal finances, which makes things much easier when I sit down to fill out the tax forms up to almost a year and a half later, but also adds a bit of complexity. For me, that simplicity at tax time is worth the additional complexity; for someone just starting out, it might not be. (And of course, it is completely unnecessary if you have only one source of taxable income and no other specific reason to separate income streams.) how much (percentage-wise) of my income should I put into each one? With a single transaction account, your entire income will be going into that account. Having a single account to pay money into will also make life easier for your employer. You will then have to work out a budget that says how much you plan to spend on food, shelter, savings, and so on. how do I portion them out into budgets and savings? If you have no idea where to start, but have an appropriate financial history (as opposed to just now moving into a household of your own), bring out some old account statements and categorize each line item in a way that makes sense to you. Don't be too specific; four or five categories will probably be plenty. These are categories like \"\"living expenses\"\" (rent, electricity, utilities, ...), \"\"food and eating out\"\" (everything you put in your mouth), \"\"savings\"\" (don't forget to subtract what you take out of savings), and so on. This will be your initial budget. If you have no financial history, you are probably quite young and just moving out from living with your parents. Ask them how much might be reasonable in your area to spend on basic food, a place to live, and so on. Use those numbers as a starting point for a budget of your own, but don't take them as absolute truths. Always have a \"\"miscellaneous expenses\"\" or \"\"other\"\" line in your budget. There will always be expenses that you didn't plan for, and/or which don't neatly fall into any other category. Allocate a reasonable sum of money to this category. This should be where you take money from during a normal month when you overshoot in some budget category; your savings should be a last resort, not something you tap into on a regular basis. (If you find yourself needing to tap into your savings on a regular basis, adjust your budget accordingly.) Figure out based on your projected expenses and income how much you can reasonably set aside and not touch. It's impossible for us to say exactly how much this will be. Some people have trouble setting aside 5% of their income on a regular basis without touching it; others easily manage to save over 50% of their income. Don't worry if this turns out a small amount at first. Get in touch with your bank and set up an automatic transfer from your transaction account to the savings account, set to recur each and every time you get paid (you may want to allow a day or two of margin to ensure that the money has arrived in your account before it gets taken out), of the amount you determined that you can save on a regular basis. Then, try to forget that this money ever makes it into your finances. This is often referred to as the \"\"pay yourself first\"\" principle. You won't hit your budget exactly every month. Nobody does. In fact, it's more likely that no month will have you hit the budget exactly. Try to stay under your budgeted expenses, and when you get your next pay, unless you have a large bill coming up soon, transfer whatever remains into your savings account. Spend some time at the end of each month looking back at how well you managed to match your budget, and make any necessary adjustments. If you do this regularly, it won't take very long, and it will greatly increase the value of the budget you have made. Should I use credit cards for spending to reap benefits? Only if you would have made those purchases anyway, and have the money on hand to pay the bill in full when it comes due. Using credit cards to pay for things is a great convenience in many cases. Using credit cards to pay for things that you couldn't pay for using cash instead, is a recipe for financial disaster. People have also mentioned investment accounts, brokerage accounts, etc. This is good to have in mind, but in my opinion, the exact \"\"savings vehicle\"\" (type of place where you put the money) is a lot less important than getting into the habit of saving regularly and not touching that money. That is why I recommend just a savings account: if you miscalculate, forgot a large bill coming up, or for any other (good!) reason need access to the money, it won't be at a time when the investment has dropped 15% in value and you face a large penalty for withdrawing from your retirement savings. Once you have a good understanding of how much you are able to save reliably, you can divert a portion of that into other savings vehicles, including retirement savings. In fact, at that point, you probably should. Also, I suggest making a list of every single bill you pay regularly, its amount, when you paid it last time, and when you expect the next one to be due. Some bills are easy to predict (\"\"$234 rent is due the 1st of every month\"\"), and some are more difficult (\"\"the electricity bill is due on the 15th of the month after I use the electricity, but the amount due varies greatly from month to month\"\"). This isn't to know exactly how much you will have to pay, but to ensure that you aren't surprised by a bill that you didn't expect.\""}
{"text": " \"If it is planned, then one can get a Bankers Check payable overseas; if destination is known. 1.) What will happen to the money? It will eventually go to Government as escheating. Unlcaimed.org can help you trace the funds and recover it. 2.) Will the banks close the accounts?   3.) After how much time will the banks close the accounts? Eventually Yes. If there is no activity [Note the definition of activity is different, A credit interest is not considered as activity, a authentic phone call / correspondence to change the address or any servicing request is considered activity] for a period of One year, the account is classified as \"\"Dormant\"\". Depending on state, after a period of 3-5 years, it would be inactive and the funds escheated. i.e. handed over to Government. 4.) Is there anything else to do? Any ideas? Before leaving? Try keeping it active by using internet banking or credit / debit cards linked to the account. These will be valid activities.  5.) Is there any way to send a relative to the US with any kind of paper of power, to unfreeze the accounts? 6.) The banks say they would need a power of attorney, but does that person actually need to be an attorney in the US, or can it simply be   a relative WITH a paper (a paper that says power of attorney) or what   is a power of attorney exactly, is it an actual attorney person, or   just a paper? 7.) Is there any other way to unfreeze the accounts? Although I can confirm first hand; I think there would be an exception process if a person cannot travel to the Bank. It could even be that a person is in some remote state, not well etc and can't travel in person. I think if you are out of country, you could walk-in to an US embassy and provide / sign relevant documents there and get it attested. Although for different purpose, I know a Power of Attorney being created in other country and stamped / verified by US embassy and sent it over to US. This was almost a decade back. Not sure about it currently.\""}
{"text": " \"As the others said, you're doing everything right. So, at this it's not a matter of what you should do, it's a matter of what do you want to do? What would make you the happiest?  So, what would you like to do most with that extra money? The point is, since you're already doing everything right with the rest of your money, there's really nothing you can do that's wrong with this money. Except using it on something that increases your monthly expenses, like a down payment on a car.  In fact, there's no reason you have to do anything \"\"sensible\"\" with this money at all. You could blow it at nightclubs if you wanted to, and that would be perfectly ok. In fact, since you've got everything else covered, why not \"\"invest\"\" it in making some memories? How about vacations to exotic and rugged places, while you're still young enough to enjoy them?\""}
{"text": " \"Some reasons I take low-interest loans are: Leverage. If the loan's rate is low enough, then I can invest the cash in something fairly low-risk, and make more money than I pay in interest. The interest rate has to be pretty low, say below 4% or so. My auto loan is low enough and my home loan is low enough if you count the tax deduction. Obviously you have to invest in something riskier than cash here, though. And consider taxes, which lower the rate you're paying on a home loan, but also lower the returns you're getting on any bonds you invest in. Liquidity and flexibility. If I have N thousands in cash instead of tied up in my house, then I could use that money to survive many months of unemployment for example, or handle any other emergency. But if you become unemployed or have some other emergency, it will be too late to get a home loan. Credit rating. It's good to use some credit, just so you can get more if you need it. But this isn't a reason to take a particular loan, just a reason to have some kind of credit card or loan. Budgeting. When budgeting, it's best to think of expenses such as cars and houses in terms of a monthly cost, so you can see how they nudge out or allow other spending. (When negotiating with a car dealer, of course, use total cost so you don't get screwed by him messing with interest rates.) I wouldn't take a loan just to ease the budgeting (you can always manually \"\"amortize\"\") but it's a nice side effect. For credit cards, there are more buyer protections and you get a nice transaction log (again useful in budgeting). Also you don't have to carry around cash, or worry about your checking account balance. So credit cards are just convenient. But even though my card has a very low rate, it isn't low enough that I want to keep a balance month-to-month, so I don't use credit cards to actually borrow money.\""}
{"text": " @Tim - in this case, a futures contract isn't like an options contract. It's simply a method of entering into an agreement for delivery at a future date.  While the speculators appear to have taken over, there are practical examples of use of the futures market.  I am a gold miner and I see that my cost is $1200/oz given my quality of ore. I see the price of gold at $1600 and instead of worrying that if it goes too low, I run at a loss, I take advantage and sell contracts to match my production for the next year (or as long as the contracts go, I forget how far out gold futures are).  Of course I give up the higher price if gold goes higher, but this scenarion isn't speculation, it's a business decision.  The bread maker, on the other hand, might buy wheat futures to guarantee his prices for the next year."}
{"text": " "}
{"text": " As far as I can tell, it works like this: (Note, I am assuming you were 18 on Jan 1 2009) Contribution limits: So by the end of 2012, you will have been allowed to contribute $20,000 of new money. You say you've contributed $10,000, so you still can contribute another $10,000 of new money this year (But let's assume you do not...). Now, your original $10,000 has grown to $25,000.  You can withdraw this without penalty.  Next year, you will be given an allotment of another $5000 of new money (bringing your total lifetime limit to $25,000 - $10,000 = $15,000 new money) PLUS, you will be allowed to re-contribute up to $25,000 of OLD money. Of course, the government doesn't make a distinction between old and new money, so the net effect is (assuming a 25k withdrawal): 2012 limit: $10 000 2013 limit: $40 000 less 2012 contributions. From http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/tfsa-celi/cntrbtn-eng.html: The TFSA contribution room is made up of: From this wording, it means the 25 k you withdraw will go to the 2013 contribution room (bullet 3).  If you don't re-contribute, it will roll over into the 2014 contribution room (Under bullet 2)   For correctness, I must add that I did not include any indexing of the annual amount."}
{"text": " \"A non-trading stock or non-marketable security or unlisted security is one that does not trade continually on an exchange. For tax purposes, this can mean a whole new ball of wax which I would prefer the experts address with an edit to this answer or a new answer. For financial accounting purposes, this is when, say, one owns shares in an unlisted corporation and should be treated very carefully less one delude oneself. For trading stock, the value can be known immediately by checking any valid data provider's price and marking to market.  For non-trading stock, the value has to be \"\"marked to model\"\".  This can get one into Enron sized trouble. In this case, it's best to either leave the value of the stock at the purchase price and recognize gains upon sale, use a price from another honest transaction by third parties which are most likely difficult to attain, or to use some shorthand measure like applying the market P/E. Be wary of strangely high figures for value from the purchase price by using a market average, and don't throw away the shares just yet if a strangely low one arises.  This method can lead to strange results.\""}
{"text": " From the etoro website: In the financial trading industry, rollover is the interest paid or earned for holding currency overnight. Each currency has an interest rate associated with it, and because currencies are traded in pairs, every trade involves two different interest rates. If the interest rate on the currency you bought is lower than the interest rate on the currency you sold, then you will pay rollover fees. If the interest rate on the currency you bought is higher than the interest rate of the currency/commodity you sold, then you will earn rollover fees. http://www.etoro.com/blog/product-updates/05062014/important-upcoming-change-fee-structure/"}
{"text": " If you break down the math it comes out to a loss to the IRS. Does every Fortune 500 store profits over seas? How much does Comcast store? Because they pay 33% in taxes. Paying 15 comes to a loss for the IRS. These companies are not improving on anything anywhere. Record profits and yet it's not invested back anywhere that helps the citizens. Why would it be invested after they have more money? Apple didn't when they made 30b, 40b, 50b 60b now almost 70b profit after taxes. Why would they if they make 80b?"}
{"text": " Consider consulting a fee-only Certified Financial Planner. It will be worth the money to have your game-plan looked at by somebody who is trained and experienced in such matters, helping you avoid big mistakes and making the right decision for your personal situation. It should cost only a relatively small percentage of the overall inheritance."}
{"text": " \"This is most likely protecting Square's relationship with Visa/Mastercard/AMEX/etc. Credit card companies typically charge their customers a much higher interest rate with no grace period on cash advances (withdrawals made from an ATM using a credit card). If you use Square to generate something that looks like a \"\"merchandise transaction\"\" but instead just hand over a wad of banknotes, you're forcing the credit card company to apply their cheaper \"\"purchases\"\" interest rate on the transaction, plus award any applicable cashback offers\u2020, etc. Square would absolutely profit off of this, but since it would result in less revenue for the partner credit card companies, that would quickly sour the relationship and could even result in them terminating their agreements with Square altogether. \u2020 This is the kind of activity they are trying to prevent:  1. Bill yourself $5,000 for \"\"merchandise\"\", but instead give yourself cash.  2. Earn 1.5% cashback ($75).  3. Use $4,925 of the cash and a $75 statement credit to pay your credit card statement.  4. Pocket the difference.  5. Repeat. Note, the fees involved probably negate any potential gain shown in this example, but I'm sure with enough creative thinking someone would figure out a way to game the system if it wasn't expressly forbidden in the terms of service\""}
{"text": " &gt;u telling me there were that much savings and reserve in the system?  Yes. You're telling me there wasn't? The loans were bundled and *sold to investors* to get more capital to loan. It was not magically created as you seem to think.  [There were about $4trillion saved in the US at the time](http://research.stlouisfed.org/fred2/series/WSAVNS). The mortgages were sold all over the world, where there is easily more trillions of savings and reserve.   You still have not addressed M2 being around 10x M1. You keep floundering but not addressing anything of substance."}
{"text": " \"Well, the first one is based on the \"\"Pert\"\" formula for continuously-compounded present value, while the second one is the periodically-compounded variant.  Typically, the continuously-compounded models represent the ideal; as the compounding period of time-valued money shrinks towards zero, and the discount rate (or interest rate if positive) stays constant over the time period examined, the periodic equation's results approach that of the continuously-compounded equation. Those two assumptions (a constant rate and continuous balance adjustment from interest) that allow simplification to the continuous form are usually incorrect in real-world finance; virtually all financial institutions accrue interest monthly, for a variety of reasons including simpler bookkeeping and less money paid or owed in interest. They also, unless prohibited by contract, accrue this interest based on a rate that can change daily or even more granularly based on what financial markets are doing. Most often, the calculation is periodic based on the \"\"average daily balance\"\" and an agreed rate that, if variable, is based on the \"\"average daily rate\"\" over the previous observed period. So, you should use the first form for fast calculation of a rough value based on estimated variables. You should use the second form when you have accurate periodic information on the variables involved. Stated alternately, use the first form to predict the future, use the second form in retrospect to the past.\""}
{"text": " They can't. It looks like they are using the average numbers per family for the cost of education, fire, police, and emergency services. It also says subsidized housing...but I can't confirm that non-citizens can get subsidized housing (without breaking any laws).  Personally, I would rather our firefighters not have to check ID's before they do their job. Also, I would much rather have educated immigrants than denying them education and then dealing with all of the problems that come with lack of education."}
{"text": " \"Normally these are only generated upon an acquisition.  When you acquire a business, all the tangible and intangible assets are market to \"\"fair value\"\", with goodwill as the plug to total to the actual purchase price.    So the cash out the door is the purchase price.  Then the asset is amortized.  In the normal course you wouldn't create the intangible - the sales people salary would just be an expense.\""}
{"text": " This is more a question about economics than about personal finance. The answer, though, is straight-forward. Samsung makes enough profit on the phones that they are willing to eat the costs of a 0% loan, with the attendant risk of non-payment and the loss due to inflation. By offering financing, they expect to sell more phones. So, it's a slight cost to Samsung, but one they can easily afford due to the markups and increased volume of sales."}
{"text": " It would be very unusual (and very erroneous) to have a company's stock be included in the Long Term Investments on the balance sheet.  It would cause divergent feedback loops which would create unrepresentative financial documents and stock prices.  That's how your question would be interpreted if true.  This is not the case. Stock prices are never mentioned on the financial documents.  The stock price you hear being reported is information provided by parties who are not reporting as part of the company.  The financial documents are provided by the company.  They will be audited internally and externally to make sure that they can be presented to the market. Stock prices are quoted and arbitrated by brokers at the stock exchange or equivalent service.  They are negotiated and the latest sale tells you what it has sold for.  What price this has been reported never works its way onto the financial document. So what use are stock prices are for those within the company?  The stock price is very useful for guessing how much money they can raise by issuing stock or buying back stock.  Raising money is important for expansion of the company or to procure money for when avenues of debt are not optimal; buying back stock is important if major shareholders want more control of the company."}
{"text": " Can't be true.  I read r/economy and I know **real** inflation is 15%, **real** unemployment is 25%, we're in a double-dip recession, a second tsunami of mortgage foreclosure is coming, hundreds of cities are going to default on their bonds, and ...  And we're all going to die on the side of the road.  Alone.  In the rain.  Edit: [See](http://www.reddit.com/r/economy/comments/2dm13e/job_surge_suggests_higher_wages_are_coming/cjr00wh)?  And this guy is an optimist."}
{"text": " \"&gt;You call me \"\"na\u00efve\"\" for being concerned for my fellow man? How is that \"\"na\u00efve\"\"?   Being concerned for people isn't naive, it is naive to think slightly above minimum wage retail employees ever had a fighting chance. Unskilled/uneducated workers are always the first to go.  &gt;It simply makes me sad that all these humans will suffer.   But honestly, retail employees are at the lowest rungs of these issues and obviously the most at risk and always have been.  McDonalds would be hurting too if not for fast food being cheaper than whole food and America's addictiong to cheap fast food in large quantities.    &gt;That doesn't make me na\u00efve - that makes me a decent human being.  You are naive to think these people ever had a chance to begin with. Their jobs depend on retail profitability which has been steady and now quickly declining.   What do you suggest? Welfare? Unemployment doles? Will that make society better off?    &gt;The fact that you are willing to call me names simply because I express concern for these people speaks for itself. The fact that I've been downvoted heavily for saying it speaks badly of the compassion of the people reading this subreddit.  Naive isnt a particularly nasty name, but perhaps I should call you gullible. It isnt about compassion as much as ignorance to the facts of life.  America used to be about limitless profit so bad business models survive.  But when your business model is based on zero sum profitability in an evolving retail world where Sears has NOT been an innovator and has instead lost marketshare to more innovative companies. It is naive and gullible to think the Sears' employees ever had a chance.  The good news is a $9/hr job is easier to find than a $100,000/year job. These Sears employees can go work at Khols or Panera Bread for very little loss in income.\""}
{"text": " Just playing devil's avocado here, but if you can't stop smoking weed long enough to find a job then it's really your problem. Almost every job I've applied to has had a drug test, including office jobs. If you can't lay off the devil's lettuce for 2 goddamn weeks and maybe drink some fucking water then what do you expect?              This is coming from a chronic weed smoker."}
{"text": " With most of the schools following the Phonics method, Sheetal Academy in Chembur is no different, we to use the Phonics approach and we are considered as the Best Phonics Classes in Chembur. One of the main benefits of using phonics is that it teaches children to decipher words on their own, which means they ultimately need less help to read, making them independent learners and efficient readers. Another advantage of learning phonics is that it gives children a foundation for learning new words, thereby building vocabulary and communication skills. Empowered with the knack of Phonics application, children turn out to be fast and fluent readers."}
{"text": " Ultra-low rates can spur an unhealthy boon in M&amp;A deals/Corporate takeovers as management (defensively) and raiders (offensively) lever up cheaply to acquire companies. This can be problematic down the line when takeovers/large investments (that were funded with cheap debt) dont pan out and interest rates rise, and with it the cost of servicing that debt."}
{"text": " \"A few ideas: If you can find cards that don't have fees, you could use re-loadable debit/gift cards as your \"\"envelopes\"\". You can write the purpose for each card on its face. Carrying around more than a few cards will get unwieldy fast -- how many categories do you need? Use the rewards card strategy that was recommended to you. Put all of your spending on this. Carry a slip of paper in your wallet for each of your categories of spending. When you charge against a category, punch/mark/tear off a piece of the paper according to some scheme that will allow you to track the amount. You don't have to carry the envelopes around with you all the time. You wouldn't carry around the grocery envelope all the time -- unless you often just randomly decide to go grocery shopping while you're out and about. When you are going out and know you need to have cash for a certain purpose, pull some money from your envelope, put a paper clip around it with maybe a slip of paper, and put it into your wallet. You could carry around a few different categories of money this way without too much hassle. This requires planning your spending for the day. (The best way to avoid spending money is to not have it.)\""}
{"text": " \"I feel like any \"\"mental health\"\" issue that can be solved in two days isn't the kind of thing that warrants missing work.  And if a person is just stressed the fuck out and needs to unwind a little, *just say that -* Tumblr already exists; we don't need more people self diagnosing their idiotic and pretend disorders.  On top of that, since everybody knows this isn't \"\"real\"\" in the way that alcoholism or depression is real (though I don't doubt something's bothering her) all this is is a big \"\"dear everybody, I can't really handle my job.  Remember me next time there's a layoff!\"\"  This has given everyone too much information, it's too much detail for her boss, and it's too fucking \"\"omg gimme hugs\"\" garbage for her CEO.\""}
{"text": " \"Here's the slippage I was talking about - - - this is when I was trading DXO or around that time.  the ultra shares----interesting read at least.  \"\"Based on data from October 22, 2008 to January 26, 2009, the S&amp;P 500 had a daily standard deviation of 3.62%.  If you were to invest in SDS, an UltraShort ETF which has the S&amp;P 500 as its underlying index, and were to hold it for a year, you should expect to lose between 34% and 74% of your money, if the S&amp;P 500 is flat for that period.  This assumes that there are no transaction costs, and that the expense ratio is 0% (in fact, it's 0.91%.)  My experiment also assumed that daily stock market returns follow a normal distribution.  In fact, the the distribution of daily stock market returns is leptokurtotic (it has fat tails.)  According to my mathematical intuition (the Ph.D. is in math, in case you were curious,) if I had performed the experiment with a leptokurtotic distribution, the losses would have been larger.  Obviously, this could be checked, but the results are bad enough as it is.\"\"   http://www.altenergystocks.com/archives/2009/02/ultrapromises_fall_short.html\""}
{"text": " \"Is all interest on a first time home deductible on taxes? What does   that even mean? If I pay $14,000 in taxes will My taxes be $14,000   less. Will my taxable income by that much less? If you use the standard deduction in the US (assuming United States), you will have 0 benefit from a mortgage.   If you itemize deductions, then your interest paid (not principal) and your property tax paid is deductible and reduces your income for tax purposes.  If your marginal tax rate is 25% and you pay $10000 in interest and property tax, then when you file your taxes, you'll owe (or get a refund) of $2500 (marginal tax rate * (amount of interest + property tax)). I have heard the term \"\"The equity on your home is like a bank\"\". What   does that mean? I suppose I could borrow using the equity in my home   as collateral? If you pay an extra $500 to your mortgage, then your equity in your house goes up by $500 as well.   When you pay down the principal by $500 on a car loan (depreciating asset) you end up with less than $500 in value in the car because the car's value is going down.   When you do the same in an appreciating asset, you still have that money available to you though you either need to sell or get a loan to use that money. Are there any other general benefits that would drive me from paying   $800 in rent, to owning a house? There are several other benefits. These are a few of the positives, but know that there are many negatives to home ownership and the cost of real estate transactions usually dictate that buying doesn't make sense until you want to stay put for 5-7 years.   A shorter duration than that usually are better served by renting.  The amount of maintenance on a house you own is almost always under estimated by new home owners.\""}
{"text": " \"If you sell a stock, with no distributions, then your gain is taxable under \u00a71001.  But not all realized gains will be recognized as taxable.  And some gains which are arguably not realized, will be recognized as taxable. The stock is usually a capital asset for investors, who will generate capital gains under \u00a71(h), but dealers, traders, and hedgers will get different treatment.  If you are an investor, and you held the stock for a year or more, then you can get the beneficial capital gain rates (e.g. 20% instead of 39.6%).  If the asset was held short-term, less than a year, then your tax will generally be calculated at the higher ordinary income rates.  There is also the problem of the net investment tax under \u00a71411.  I am eliding many exceptions, qualifications, and permutations of these rules. If you receive a \u00a7316 dividend from a stock, then that is \u00a761 income.  Qualified dividends are ordinary income but will generally be taxed at capital gains rates under \u00a71(h)(11).  Distributions in redemption of your stock are usually treated as sales of stock.  Non-dividend distributions (that are not redemptions) will reduce your basis in the stock to zero (no tax due) and past zero will be treated as gain from a sale. If you exchange stock in a tax-free reorganization (i.e. contribute your company stock in exchange for an acquirer's stock), you have what would normally be considered a realized gain on the exchange, but the differential will not be recognized, if done correctly. If you hold your shares and never sell them, but you engage in other dealings (short sales, options, collars, wash sales, etc.) that impact those shares, then you can sometimes be deemed to have recognized gain on shares that were never sold or exchanged. A more fundamental principle of income tax design is that not all realized gains will be recognized.  IRC \u00a71001(c) says that all realized gains are recognized, except as otherwise provided; that \"\"otherwise\"\" is substantial and far-ranging.\""}
{"text": " Laptop LCD Screen--Laptoplcdscreenstore.com is a world recognized laptop screen store where you can purchase laptop screen of popular brands such as Dell, Acer, Compaq, LENOVO, Asus and many more. Providing an unmatchable quality at unbeatable prices, the store offers special deals on selected laptop LCD screens exclusively for you."}
{"text": " \"First thing I'd say is don't start with investing. The foundation of solid finances is cash flow. Making more than you spend, reliably; knowing where your money goes; having a system that works for you to make sure you make more than you spend. Until you have that, your focus may as well be on getting there, because you can't fix much else about your finances until you fix this. A number you want to know is your percentage of income saved, and a good goal for that is about 15%, with 10-12% going to retirement savings and the rest to shorter-term goals and emergency fund and so forth. (Of course the right percentage here depends on your goals and situation, but for most people this is a kind of minimum savings rate to be in good shape.) Focus on your savings rate. This is your profitability, if you view yourself as a business. If it's crappy or negative, your finances will be a mess. Two ways to improve it are to spend less or to improve your earnings power. Doing both is even better. The book Your Money or Your Life by Dominguez and Robin is good for showing how to obsessively focus on cash flow, even though you may not share their zeal for early retirement. A simpler exercise than what they recommend: take 3 months of your checking and credit card statements, go through each expenditure and put them in a spreadsheet column, SUM() that column. Then add up 3 months of after-tax paychecks. Divide both numbers by three and compare. (The 3 months is to average out your spending, which probably varies a lot by month.) After positive cash flow and savings rate, the next thing I'd go through is insurance. Risk management for what you have. This can include checking you have all the important insurance coverages (homeowner's/renter's, auto, potentially umbrella, term life, disability, and of course health insurance, are some highlights); and also adjusting all your policies to be most cost-effective, which usually means raising the deductible if you have a good emergency fund. Often you can raise the deductible on policies you have, and use the savings to add more catastrophe coverage (such as term life if you didn't have it, or boosting the liability protection on your homeowner's, or whatever). Remember, cover catastrophes as cheaply and comprehensively as possible, but don't worry about reimbursement for non-catastrophic expenses. I like this book, Smart and Simple Financial Strategies for Busy People by Jane Bryant Quinn, because it covers all the main personal finance topics, not just investing; and because it is smart and simple. All the main stuff to think about is in the one book and the advice is solid and uncomplicated. Investing can truly be dead easy; most people would be fine with this advice: Honestly, I do micro-optimize and undermine my investing, and I'm guessing most people on this forum do. But it's not something I could defend objectively as a good use of time. It probably is necessary to do some reading to feel financially literate and confident in an investment plan, but the reading isn't really because a good plan is complicated, it's more to understand all the complicated things that you don't need to do, since that's how you'll know not to do them. ;-) Especially when salespeople and publications and TV are telling you over and over and over that you need to know a bunch of crap and do a bunch of things. People who have a profitable \"\"business of me\"\" are the ones who end up with a lot of money. Not people who spend a lot of time screwing with investments. (People who get rich investing invest professionally - as their \"\"business of me\"\" - they don't goof around with their 401k after work.) Financial security is all about your savings rate, i.e. your personal profitability. No shortcuts, other than lotteries and rich uncles.\""}
{"text": " If your business is a Sole Proprietorship and meets the criteria, then you would file form Schedule C. In this case you can deduct all eligible business expenses, regardless of how you pay for them (credit/debit/check/cash). The fact that it was paid for using a business credit card isn't relevant as long as it is a true business expense. The general rules apply: Yes - if you sustain a net loss, that will carry over to your personal tax return. Note: even though it isn't necessary to use a business credit card for business expenses, it's still an extremely good idea to do so, for a variety of reasons."}
{"text": " If cost was your only concern then yes, that is true.  But there is a tension between costs and keeping your customers happy.  This is especially true in a service based business like a restaurant where customer satisfaction can be directly correlated to employee satisfaction."}
{"text": " &gt; but if the Bitcoin is deemed currency  I struggle to see how Bitcoin specifically links to   &gt; helps fund terrorist organizations  You know cash is used (Like seriously its the mobs favorite form of payment) in the same way and Bitcoin at least has the feature of being traceable right?"}
{"text": " This question came up again (Living in Florida working remotely - NY employer withholds NYS taxes - Correct or Incorrect?) and the poster on the new version didn't find the existing answers to be adequate, so I'm adding a new answer.   NYS will tax this income if the arrangement is for the convenience of the employee. If the arrangement is necessary to complete the work, then you should have no NYS tax. New York state taxes all New York-source salary and wage income of nonresident employees when the arrangement is for convenience rather than by necessity (Laws of New York, \u00a7 601(e), 20 NYCRR 132.18). Source: http://www.journalofaccountancy.com/issues/2009/jun/20091371.html Similar text can also be found here: http://www.koscpa.com/newsletter-article/state-tax-consequences-telecommuting/ The NYS tax document governing this situation seems to be TSB-M-06(5)I. I looked at this page from NYS that was mentioned in the answer by @littleadv. That language does at first glance seem to lead to a different answer, but the ruling in the tax memo seems to say that if you're out of state only for your convenience then the services were performed in NYS for NYS tax purpose. From the memo: However, any allowance claimed for days worked outside New York State must be based upon the performance of services which of necessity, as distinguished from convenience, obligate the employee to out-of- state duties in the service of his employer."}
{"text": " \"His entire \"\"opinion\"\" is really just backing up Damore. Only in the last two paragraphs does he even mention what the actual title of the article is about where he goes on to say:  &gt;Either Pichai is unprepared to understand the research, is not capable of handling complex data flows or was simply too afraid to stand up to a mob.  &gt;Regardless of which weakness applies, this episode suggests he should seek a non leadership position.  Brilliant work, Mr. Brooks. Your analysis is spot on and not only should Damore not have been fired, but Pichai should resign as CEO of Google because of it. A better message would be sent to Google's customers, employees and shareholders by doing so. /s\""}
{"text": " I'm assuming if Greece were to leave or be asked to leave to EMU/EURO currency, they would have to negotiate some kind of a FX Rate. I'm just taking a wildly uneducated stab at this, but i would bet they would negotiate for x% devaluation and then let the market do what it will."}
{"text": " \"So a guy that went to a shitty college moved to an $800 plus per month apartment in Manhattan to be an actor and applied for low skill jobs near minimum wage. That's the shittiest plan I've ever heard.  \u201cWhen I first walked into Express, I said, \u2018Oh my God, this place is awesome and there\u2019s music and it looks like a happening place\"\".  Anyone want to claim that he's not an idiot?\""}
{"text": " So you cant compare one model of Tesla to one model of any of its main competitors, you have to compare it to all of their cars?  That doesn't make any sense.  I know you can see that high end cars are where the profits of most companies come from.  It's not like they are making billions from a 15,000 dollar Malibu.  At this point, even if the other major manufactures could get off their collective butts, they couldn't build in the supercharger infrastructure fast enough to catch up in any meaningful manner."}
{"text": " I noticed that as well. It's practically a direct copy paste from the post, even the intro making it sound as if the content was written specifically for medium.    Are both articles written by the same authors? If not this seems somewhat unethical."}
{"text": " \"There's actually a lot of smaller questions in your question, so I'll answer just a few here. The standard bond index for high yield corporates is the Barclays Capital High Yield Corporate index, which is the basis for JNK.  I am not familiar with the index behind HYG, the \"\"iBoxx $ Liquid High Yield index.\"\" The ETFs are managed quantitatively to try to track the index as closely as possible.  AFAIK these ETFs do not attempt to take active positions. New issues are typically purchased with cash which is constantly coming in from interest and principal payments from other bonds.  There is rarely a need to sell bonds just to buy new issues.  Selling bonds is more common when a fund is experiencing redemptions. These ETFs and the high yield bonds they buy are not derivatives (your question seems to be confused on that point). The US Treasury is not directly involved in any way.  They are indirectly involved, as they are indirectly involved in US equities markets or world markets for that matter, although perhaps they have greater influence in the bond world. Moody's has extensive studies of default rates by ratings.\""}
{"text": " \"This is the best tl;dr I could make, [original](https://www.nytimes.com/2017/07/25/upshot/maybe-weve-been-thinking-about-the-productivity-slump-all-wrong.html?smid=re-share) reduced by 82%. (I'm a bot) ***** &gt; Just maybe, if the labor market tightens and good workers are harder to find - and wages rise - that will be the impetus to get companies to consider more of those big-ticket innovations that generate productivity growth.  &gt; You could imagine the same thing happening if wages rose because of market forces; that same fast food restaurant might invest in kiosks and robots if the labor market were so tight that no workers were willing to take the job for $10. If you look at long-term patterns of productivity growth, they roughly fit this idea, that a booming job market tends to be followed by a productivity boom, and that deep recessions are followed by productivity slumps.  &gt; In this way of thinking about productivity, inventors and business innovators are always cooking up better ways to do things, but it takes a labor shortage and high wages to coax firms to deploy the investment it takes to actually put those innovations into widespread use.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6s3yzv/maybe_we\\u00e2ve_been_thinking_about_the_productivity/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~185009 tl;drs so far.\"\") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr \"\"PM's and comments are monitored, constructive feedback is welcome.\"\") | *Top* *keywords*: **productivity**^#1 **wage**^#2 **worker**^#3 **growth**^#4 **market**^#5\""}
{"text": " Did you know that bill-pay is a third party system? The way they run it encourages multiple overdrafts, Just last week I had 150$ in fees. Not to mention they recently had a class action they lost in which they were fucking over service members with home loans. I've been with them since 2002, they're just as shady as every other institute that charges you money to use your money."}
{"text": " China is doing this more out of necessity than any futuristic, environmentalist mindset. They're starting to see the writing on the wall - they will suffer some of the most damage due to the crap we as a species have put our planet through."}
{"text": " \"Schwab is a highly diversified operation and has a multitude of revenue streams.  Schwab obviously thinks it can make more off you than you will cost in ATM fees and it's probably safe to assume most Schwab clients use more services than the ATM card. It's not worthwhile to discuss the accounting of ATM/Debit/Credit card fee norms because for a diversified operation it's about the total relationship, not whether each customer engagement is specifically profitable.   People who get Schwab accounts soley for the ATM fee refunds are in the minority.  In 2016 10-k filing Schwab posted $1.8B in net earnings, 10 million client accounts with a total of $2.78T in client assets.  A couple grand in ATM fees over several years is a rounding error.  \"\"ATM\"\" doesn't even appear in the 2016 10-K.\""}
{"text": " \"You have a very narrow, short-term view of things. It's bad for society in the long-run. \"\"Get your cash now, fuck everyone else.\"\"  That's the way it is, I suppose ... and that's why things are falling apart all around us.\""}
{"text": " \"Also here's a source for the $3.7 trillion number.      http://www.bloomberg.com/news/2011-12-08/u-s-municipal-bond-market-28-larger-than-estimated-federal-reserve-says.html    It's not 'incorrect data'.        EDIT:  Furthermore, in order to know the \"\"extent\"\" of the crime (your own admission) we NEED to know the size of the entire market otherwise you can't have any perspective or determine extent.  So there's no reason it shouldn't be mentioned in the article.\""}
{"text": " You'd think people would understand how capital and R&amp;D expenditures work on /r/business. If this wasn't a default sub way back in the day, I don't think we'd have this as the top comment about a company that exclusively sells 6-figure cars with 5-figure margins."}
{"text": " Yet the underlying truth is the same. Bid fixing. We know it was done on a wide scale and we know it illegal. It doesn't matter what you think of the author you can verify that yourself and the court agreed.  You can make all the excuse you want but if all you want to do is quibble about why he shot out one number for the total bond market instead of muni bonds from 2007-2008 (actually one of the least relevant points to the story no matter which number you use) then you're missing the forest for the trees or your going out of your way to excuse widespread illegal business activity. Bid fixing is bid fixing. That it only impacted the smaller mini bond market isn't something that negates the larger story here."}
{"text": " \"House prices do not go up.  Land prices in countries with growing economies tend to go up.  The price of the house on the land generally depreciates as it wears out. Houses require money; they are called money pits for a reason.  You have to replace HVAC periodically, roofs, repairs, rot, foundation problems, leaks, electrical repair; and all of that just reduces the rate at which the house (not the land) loses value. To maintain value (of the house proper), you need to regularly rebuild parts of the house.  People expect different things in Kitchens, bathrooms, dining rooms, doors, bedrooms today than they do in the past, and wear on flooring and fixtures accumulate over time. The price of land and is going to be highly determined by the current interest rates.  Interest rates are currently near zero; if they go up by even a few percent, we can expect land prices to stop growing and start shrinking, even if the economy continues to grow.  So the assumption that land+house prices go up is predicated on the last 35 years of constant rigorous economic growth mixed with interest rate decreases.  This is a common illusion, that people assume the recent economic past is somehow the way things are \"\"naturally\"\".  But we cannot decrease interest rates further, and rigorous economic growth is far from guaranteed. This is because people price land based on their carrying cost; the cost you have to spend out of your income to have ownership of it.  And that is a function of interest rates.  Throw in no longer expecting land values to constantly grow and second-order effects that boost land value also go away. Depending on the juristiction, a mortgage is a hugely leveraged investment.  It is akin to taking 10,000$, borrowing 40,000$ and buying stock.  If the stock goes up, you make almost 5x as much money; if it goes down, you lose 5x as much.  And you owe a constant stream of money to service the debt on top of that. If you want to be risk free, work out how you'd deal with the value of your house dropping by 50% together with losing your job, getting a job paying half as much after a period of 6 months unemployment.  The new job requires a 1.5 hour commute from your house.  Interest rates going up to 12% and your mortgage is up for renewal (in 15 years - they climbed gradually over the time, say), optionally. That is a medium-bad situation (not a great depression scale problem), but is a realistic \"\"bad luck\"\" event that could happen to you.  Not likely, but possible. Can you weather it?  If so, the risk is within your bounds.  Note that going bankrupt may be a reasonable plan to such a bit of bad luck.  However, note that had you not purchased the house, you wouldn't be bankrupt in that situation. It is reasonably likely that house prices will, after you spend ~3% of the construction cost of the house per year, pay the mortgage on the land+house, grow at a rate sufficient to offset the cost of renting and generate an economically reasonable level of profit.  It is not a risk-free investment. If someone tries to sell you a risk-free investment, they are almost certainly wrong.\""}
{"text": " \"Is evaluating stocks just a loss of time if the stock is traded very much? Not at all! Making sound investment decisions based on fundamental analysis of companies will help you to do decide whether a given company is right for you and your risk appetite. Investing is not a zero-sum game, and you can achieve a positive long-term (or short-term, depending on what you're after) outcome for yourself without compromising your ability to sleep at night if you take the time to become acquainted with the companies that you are investing in. How can you ensure that your evaluation is more precise than the   market ones which consists of the evaluation of thousands of people   and professionals? For the average individual, the answer is often simply \"\"you probably cannot\"\". But you don't have to set the bar that high - what you can do is ensure that your evaluation gives you a better understanding of your investment and allows you to better align it with your investment objectives. You don't have to beat the professionals, you just have to lose less money than you would by paying them to make the decision for you.\""}
{"text": " \"Definitely depends on the field. I work in derivatives (but not on the pure quant side, though), and that's one of the fields that tends to hire the most mathsy guys. Basically involves applying a lot of stochastic calculus and probabilistic concepts to practical pricing problems.   If you want a nice little application from a math perspective (but not necessarily practical), check out \"\"A Closed-Form Solution for Options with Stochastic Volatility\"\" by Heston (1992). Should give a decent idea of how typically the problem solving process works in derivative-land: start with a practical problem relating to a probabilistic/modelling concept (eg implied distribution of expected returns) -&gt; apply some math -&gt; come up with some sort of solution.  *edit: clarification 1st paragraph\""}
{"text": " for news, I go to [this news aggregater](http://drudgereport.com/), which is number one with a **billion** page views a month  notice below the links (3 columns) there are names of prominent people who write important articles.  clicking any of those takes you to their most recent works (many are daily)"}
{"text": " \"If the wording is \"\"within 10 days\"\" then its 10 days. Calendar days. Otherwise they would put \"\"10 business days\"\", for example. Usually, if you need to do something within 10 days from today, the first day to count is today. I would expect \"\"within\"\" to mean that you can fund in any of the days up to the 10th. But that's me, trying to read English as English. Why don't you call the bank and ask them?\""}
{"text": " A few reasons make sense: They have a defined process for rentals, risk assessment, and customer credit. Especially for a large corporation, making changes to that process is not trivial, adds risk/uncertainty, and will be costly. Such changes for a relatively small customer base might not makes sense. Many rental companies DO allow you to rent with a debit card. Why do some businesses take cash only?  With a debit card, there is no third party guarantee. With a credit card, the cash is coming from a well-established third party who will pay (assuming no disputes) and has a well-established history of paying. Even if the merchant holds your account, it is still your cash under the control of you and your bank until the deposit clears the merchants bank. It is not surprising they view that as more risk and potentially not worth hassling with debit."}
{"text": " Here, you can get that service whatever you want in the best location. We organize the professional wedding engagements and more special party. As you know, everyone wants unique and fabulous party which is mind blowing party with our party organizer. Make the professional party with our unique wedding engagements west palm beach that's offer everything. There are so many options to celebrate the party. But, before that you should choose the best located area in Florida."}
{"text": " If you look at a trade grid you can see how this happens. If there are enough bids to cover all shares currently on the sell side at a certain price, those shares will be bought and increased price quotes will be shown for the bids and ask. If there are enough bids to cover this price, those will get bought and higher prices will be shown and this process will repeat until the sell side has more power than the buy side. It seems like this process is going on all day long with momentum either on the upside or downside. But I think that much of this bidding and selling is automatic and is being done by large trading firms and high tech computers. I also feel that many of these bids and asks are already programmed to appear once there is a price change. So once one price gets bought, computers will put in higher bids to take over asks. It's like a virtual war between trading firms and their computers. When more money is on the buy side the stock will go up, and vice versa. I sort of feel like this high-frequency trading is detrimental to the markets and doesn't really give everyone a fair shot. Retail investors do not have the resources and knowledge in order to do this sort of high frequency trading. It also seems to go against certain free market principles in my opinion."}
{"text": " It would be worth looking at their details as they will outline clearly what the 2% is on. Having said that the 2% will probably be on the value of the portfolio at the time the charge is calculated. (It might be that they don't levy this on the cash section of portfolio, it might be that they do.) They will usually make you sign a direct debit form so that they can take the fees straight from you. There are much better deals around than this, 2% is a huge fee if you had an portfolio that is worth \u00a3100,000 after some years the fees they would be charging you would be \u00a32,000 a year. it's worth shopping around for a better deal, as it can prove costly to change ISA provider at later date."}
{"text": " \"I feel like the idea \"\"vote with your dollars\"\" has been around for a long time now but very few people have enacted it seriously.  Just think how much shit businesses get away with because they have little to no actual worry of anybody taking their business elsewhere.  A serious large amount of people would have to actually do so to make an impact, but they don't.  Meanwhile we know what happens when people actually do stop buying from businesses, e.g the disappearance of brick and mortar music stores since the advent of digital.  So what's the difference?  Obviously it is convenience.  When it was convenient for people to get their music digitally they stopped buying cds.  But it is apparently too inconvenient to adjust you buying for political reasons.  Which is of course shortsighted when you take the long term consequences into account as inconveniences (and in many cases these consequences are far worse than a mere inconvenience)\""}
{"text": " \"Excellent analysis. I agree that one of the main reasons millenials are so critical of advertising is we have grown up with it our entire lives. The author calls the millenials \"\"digital natives,\"\" which is an absolute misnomer and a term I have been using for years to refer to the generation to come, the true digital natives who have been downloading apps since before they were creating memories. We ought to be called Advertising Natives. I am fully aware people are trying to sucker me out of my money for mostly frivolous causes, so I have add blinders on and generally research products before I buy them. Gone are the days of claiming something is NEW AND IMPROVED having any affect on consumers.\""}
{"text": " The author makes a quick jump here conflating Walker's efforts against public sector unions and the long-term decline in private sector unions.  These two are analytically, politically, and perhaps even morally distinct.  He then makes a correlation argument: union membership has declined and conditions for the worker have gotten worse.  He doesn't substantiate the latter point, nor does he draw a causal link between the two.  There are decent explanations for the secular decline of union membership: sectoral shifts in the economy away from labor-intensive manufacturing and toward technology, information, and service-sectors in which unions are traditionally not present nor as necessary.  &gt; The weakening of unions has had a huge political effect as well: the realignment of the white working class. Since the \u201960s, exit polls have shown that unionized blue-collar whites vote Democratic at a rate 20 to 30 percent higher than their nonunion counterparts. The decline in union membership has weakened Democrats in such heavily white, increasingly deunionized states as West Virginia and Wisconsin\u2026  The author is placing the cart before the horse here.  White working class voters don't think that Democrats represent their interests, so why would they continue to financially support unions that guarantee that their dues will go to politicians who don't represent them?  White working class voters are going to voluntarily join associations that support their own interests and identities, and that's apparently not unions.  If the white working class thought that the Democrats represented their interests, union membership would probably not have declined to such a degree in these regions."}
{"text": " In Ontario, common law marriage requires 3 years of cohabitation, and doesn't give rights to property (which remains separate). I'd say in your situation you can still file as single, but I'd suggest asking your tax accountant to be sure."}
{"text": " First thing you need to do is  to find out whether your landlord  will accept credit card payments.  If yes, then I recommend you to try the easiest method first. Pay rent though a rent payment service.  So, you need to log in with rental service and then chose the credit card using which you would like to pay rent and schedule your rent payments."}
{"text": " There are two basic types of lines of credit typically offered at a retail bank: Overdraft line of credit is essentially a revolving personal loan that you can draw upon as needed or automatically draw on when you overdraw on your checking account. Typically with a commercial bank there is a fee to use the automatic overdraft in addition to interest. Some credit unions don't charge a fee. Interest is typically computed using average daily balance. A Home equity line of credit is a revolving loan that is secured against your home. Interest on home-improvement related expenses is deductible. Since the bank gets a lien on your home, the rates are low. Sometimes you can even get debit cards that will hit the line. I think these are a good idea if:"}
{"text": " \"Suppose the stock is $41 at expiry. The graph says I will lose money. I think I paid $37.20 for (net debit) at this price. I would make money, not lose. What am I missing? The `net debit' doesn't have anything to do with your P/L graph. Your graph is also showing your profit and loss for NOW and only one expiration. Your trade has two expirations, and I don't know which one that graph is showing. That is the \"\"mystery\"\" behind that graph. Regardless, your PUTs are mitigating your loss as you would expect, if you didn't have the put you would simply lose more money at that particular price range. If you don't like that particular range then you will have to consider a different contract. it was originally a simple covered call, I added a put to protect from stock going lower.. Your strike prices are all over the place and NBIX has a contract at every whole number.... there is nothing simple about this trade. You typically won't find an \"\"always profitable\"\" combination of options. Also, changes in volatility can distort your projects greatly.\""}
{"text": " \"Company Distribution is attempting to show a histogram of how many companies fall within a given range so you can visualize the number of companies that meet a certain parameter.  For example if you move the \"\"Market Cap\"\" sliders so the minimum slider is just before the large rise in the distribution and move the maximum slider so it is just after the fall off in distribution, you can see that most companies have a market cap between ~5700 and ~141B.\""}
{"text": " \"Whatever the percentage divisions are, I'm a big fan of keeping things in separate accounts.  This works especially well for fixed bills.  It is essentially a bank account version of the envelope method.  If I take out everything from your paycheck I know is reserved (including reserving savings), for me it is a lot easier to not even miss the money when I'm going towards \"\"fun\"\" expenditures - which come from the checking account.\""}
{"text": " \"If you're willing to do a little more work and bookkeeping than just putting money into the 401(k) I would recommend the following. I note that you said you chose some funds based on performance since the expense ratios are all high. I would recommend against chasing performance because active funds will almost always falter; honor the old saw:  \"\"past performance is no guarantee of future returns\"\". Assuming the cash in your Ally account is an emergency fund, I would use it to pay off your credit card debt to avoid the interest payments. Use free cash flow in the coming months to bring the emergency fund balance back up to an acceptable level. If the Ally account is not an emergency fund, I would make it one! With no debt and an emergency fund for 3-12 months of living expenses (pick your risk tolerance), then you can concentrate on investing. Your 401(k) options are unfortunately pretty poor. With those choices I would invest this way: Once you fill up your choice of IRA, then you have the tougher decision of where to put any extra money you have to invest (if any). A brokerage account gives you the freedom of investment choices and the ability to easily pull out money in the case of a dire emergency. The 401(k) will give you tax benefits, but high fund expenses. The tax benefits are considerable, so if I were at a job where I plan on moving on in a few years, I'd fund the 401(k) up to the max with the knowledge that I'd roll the 401(k) into a rollover IRA in the (relatively) short term. If I saw myself staying at the employer for a long time (5+ years), I'd probably take the taxable account route since those high fund fees will add up over time. One you start building up a solid base, then I might look into having a small allocation in one of my accounts for \"\"play money\"\" to pick individual stocks, or start making sector bets.\""}
{"text": " so you and your friend are trying to make a federal case over the fact that he's going to have to pay $1-3 in a month's time?   [they had this rather popular series of self-help books a while back.](http://www.amazon.com/Sweat-Small-Stuff---small-Series/dp/0786881852/ref=sr_1_1?ie=UTF8&amp;qid=1339809567&amp;sr=8-1&amp;keywords=don%27t+sweat+the+small+stuff) perhaps the two of you should explore it."}
{"text": " You can probably recover it by checking with the unclaimed property division of the state where you opened the account.  See The Office of the Comptroller of the Currency website for more information."}
{"text": " Trying desperately to normalize the Rating agencies before the Fed unwind so they can stamp everything AAA and pretend that all is great.  They world has not forgotten the magnitude of the Fraud these rating agencies commited and are now preparing to commit and the collusion with the regulators and banks and insurance agencies.  Who are you going to sell that shit to, entire countries went bankrupt because they bought the shit you rated AAA.  Remember Northern rock . .that was the Tip of the Ice berg    And now, 1 month before the Fed gets ready to sell the same shit, the rating agencies conveniently reappear pretending to be able to rate sovereign countries.  This is going to be a whole lot of fun"}
{"text": " I'll point out that you don't actually have to pay your income taxes on time, just make sure to file on time.  You will be charged interest (currently 5% ann., compounded daily).  This is no big deal, I know plenty of people who do this. Note that if they pay you interest you have to report it on your taxes, but if you pay them it's not deductible."}
{"text": " \"One practical application would be to protect yourself from a \"\"flash crash\"\" type scenario where a stock suddenly plunges down to a penny due to transient market glitches. If you had a stop-loss order that executed at a penny (for a non-penny stock) it would be probably be voided by the exchange, but you might not want to take that risk.\""}
{"text": " \"Lots of questions: In general, no. Market Capitalization and Equity represent 2 different things.  Equity first, the equity of a firm is the value of the assets (what it owns) less its liabilities (what it owes) and consists (broadly) of two components - share capital (what the firm gets when it sells to investors as part of an IPO or subsequent share issue) and retained earnings (what the firm has as a result of making profits and not paying them out as dividends). This is the theoretical liquidation value of the firm - what it is worth if it stops trading, sells all its assets and pays all its debts. Market Capitalization is the current value of the future cash flow of the firm as perceived by the market - the value today of all the dividends that the firm will pay in the future for as long as it exists. This is the theoretical going concern value of the firm - what it is worth as a functioning business. In general, Market Capitalization is bigger than Equity - if it isn't the firm is worth more as scrap than as an operating business. Um ... no. If you don't have any shares then you are by definition not an owner. Having shares is what makes you an owner. What I think you mean is, is it possible for the owner(s) of a private company to sell all of its shares when it goes public? The answer is yes. It is uncommon for a start-up owner to do this but it is standard practice for \"\"corporate raiders\"\" who buy failing companies, take them private, restructure them and then take them public again - they have done their job and they are not interested in maintaining an ownership stake. Nope. See above and below. Not at all, equity is an accounting construct and market capitalization is about market sentiment. Consider the following hypothetical firm: It has $1m in equity, it makes $4m in profit and will do for the foreseeable future, it pays all of that $4m out as dividends - if we work on a simple ROI of 10% then this firm is worth $40m dollars - way more than its equity.\""}
{"text": " I mean, it doesn't really apply to a lease/buy decision in a home.  The variability due to the variables I discussed makes it not worth the analysis when you're talking about return differences of maybe 1-2%.  Even if your house costs $1 million, that's only a difference of $10,000... MAYBE if there's no difference in the other variables, but there will be.  My point is that it's not worth doing.  DCF models are used for valuation of large projects, not simple home buying problems.  There are way better ways to evaluate such a simple problem."}
{"text": " There is some element of truth to what your realtor said.  The seller takes the house off the market after the offer is accepted but the contract is contingent upon, among other things, buyer securing the financing. A lower down payment can mean a higher chance of failing that. The buyer might be going through FHA, VA or other programs that have additional restrictions. If the buyer fails to secure a financing, that's weeks and months lost to the seller. In a seller's market, this can be an important factor in how your bid is perceived by the seller. Sometimes it even helps to disclose your credit score, for the same reason. Of course for your situation you will have to assess whether this is the case. Certainly do not let your realtor push you around to do things you are not comfortable with. Edit:  A higher down payment also helps in the situation where the house appraisal does not fare well.  As @Dilip Sarwate has pointed out, the particular area you are interested in is probably a seller's market, thus giving sellers more leverage in picking bids. All else equal, if you are the seller with multiple offers coming in at similar price level, would you pick the one with 20% down or 5% down? While it is true that realtors have their own motives to push through a deal as quickly as possible, the sellers can also be in the same boat. One less mortgage payment is not trivial to many. It's a complicated issue, as every party involved have different interests. Again, do your own due diligence, be educated, and make informed decisions."}
{"text": " I would assume that under a certain threshold, HMRC doesn't even want to hear from you, because extracting taxes from you costs them more money than you are going to pay. On the other hand, I cannot find anything written about that subject.  I'd suggest to call them at 0300 200 3300 and ask them. Have the annual cost of the server ready, and tell them that you will stop asking for donations if say 6 months of cost is covered. There may be an official threshold that I was unable to find.  Obviously if you receive \u00a31000 in donations and spend \u00a3100 for the server, they will want tax payment. If its \u00a3110 in donations and \u00a3100 for the server, they will likely not care. If they tell you to register as self-employed, it's not difficult, just a bit of a pain. In that case you'd have to pay tax on your income (donations) minus cost (cost for the server and any other cost)."}
{"text": " \"I can't give you proper legal advice, but if I called their customer service and used half an hour of my time to wait and explain the situation in detail, and their official response was \"\"just use the points,\"\" I would do just that. Of course you would have stronger legal standing if you had recorded their answer, or had it in writing from them. But I don't think spending these points will come crashing down on you. And morally I see absolutely no problem with spending these points; it is not as if you are stealing from someone else. These points can usually be given away in any kind of crazy manner. Sometimes there are lotteries or events where they give away 100,000 points for new customers who open up an account on a specific weekend. Sometimes they give points to customers who want to terminate their contracts as an attempt to coax them into staying. They have given you a lot of points and don't really care. As a result you are probably staying their customer forever \u2013 and will most likely tell this story to many friends. This is free advertising for them. Heck, maybe they would even make a news story out of this some day, it could be good publicity. Everyone is essentially getting these points \"\"for free\"\" but in fact the company has a business case by improving their image and customer retention with these points. So you can spend these points with a sound mind morally. Legally you would have to contact a lawyer, but I think chances for legal repercussions are small if you have done your duty, informed them and their customer service basically said it's ok.\""}
{"text": " I won't add to the timelines, as I agree or don't care but my two cents are"}
{"text": " Yes, but only in a relatively short term. False news or speculations can definitely change the stock price, sometimes even significantly. However, the stock price will eventually (in the long-term) correct itself and head to the right direction."}
{"text": " You are still selling one investment and buying another - the fact that they are managed by the same company should be irrelevant.  So yes, it would get the same tax treatment as if they were managed by different companies."}
{"text": " Given that a lot of rental car places tend to be co-located these days, I've just started making multiple reservations. There's generally no penalty for not picking up the car and if one flakes out, you still have a reservation elsewhere."}
{"text": " Reminds me of when I had a warehouse job about 10 years ago. I started at the same time as a lot of temp employees. A lot of these temps were promised permanent jobs after 6 months. That didn't happen quite on schedule and one I worked with kept complaining about it loudly. So they hired him. I was in the room when he was told he had to get a drug test the next day. It wasn't a happy face. I never had a chance to compare and contrast though because he never showed up again."}
{"text": " To be fair, it could go completely tits up, so don't buy more than you can afford to lose.  That being said, I'm a huge crypto evangelist, but I tend to stick to Bitcoin and Bitcoin Cash. Ethereum is trying to solve a problem that isn't there by adding the programming language to the base code. I think Bitcoin has a better approach by leaving the base code simple and adding layers like TCP/IP did. But Ethereum is the #2 crypto in the world right now so maybe I'm wrong."}
{"text": " When we 'delta-hedge', we make the value of a portfolio 0.  No - you make the risk relative to some underlying 0.  The portfolio does have a value, but if whatever underlying you're hedging against changes slightly the value of your portfolio should not change. But, what is the derivative of a portfolio?  It's the instantaneous rate of change of the portfolio) relative to some underlying phenomenon.  With a portfolio of many stocks, there's not one single factor that drives the value of your portfolio. You have sensitivity to each underlying stock (price and volatility), interest rates, the market as a whole, etc. For simplicity, we might imagine a portfolio that has holdings in .... a call .... a stock .... and a bank account (to borrow and lend money).  You will have a delta relative to the stock and a delta relative to the underlying instrument on the option, etc.  Those can only be aggregated for each factor (e.g. if the call is an option on the same stock) Theta is the only one you can calculate for the portfolio as a whole - it will be the aggregate theta of all of your positions (since change in time is constant across all investments).  All of the others are not aggregatable since they are measuring sensitivities to different phenomena."}
{"text": " But this leads to states competing and losing out in general.  If they were to pick based on price and merits of location they'd end up paying taxes somewhere in the US if they wanted to come at all.  I just don't like when states compete to undercut each other like that."}
{"text": " You make it sound like consumers literally have no choice in the matter. That's absurd. The fact that many people don't make an effort to be responsible consumers is no one else's fault.   As long as businesses are not outright lying about their products or services, there's no reason for the government to be in loved.  It's really not hard to control the impulse to buy a tabloid or a snickers bar."}
{"text": " \"Per capita joint-stock market capitalization is strongly correlated (Pearson's r = .51) with the transparency.org corruption perceptions index (higher index score is cleaner, more transparent government). So if by \"\"capitalism\"\" you mean joint-stock capitalism the data suggests you're wrong.  When I studied this about a year ago, China's per capita joint-stock market capitalization was a little over $2,000 while their corruption index was a miserable 3.5. On the other hand, the US had a per capita joint-stock market capitalization of about $38,000 and a pretty good corruption index score of 7.1.  If you graph this regression on a log scale Morocco and Colombia occupy similar positions as China. The nearest statistical \"\"neighbors\"\" to the US are France and Norway. Are China, Morocco and Colombia less corrupt than the US, France and Norway?\""}
{"text": " Well, you're business/accounting acumen is nothing to brag about and your character is still out for judgment, though your insistence on trying to make this point despite being wrong is sort of working against you. Other than that, I don't know anything else about you to make that kind of assessment.  Though you are tenacious, I'll give you that. You keep arguing with me despite saying you were done with this. So that could possibly be a positive character trait."}
{"text": " Peer to peer lending isn't FDIC insured.  You can lose all your investment with peer to peer lending, whereas you will not lose your deposited money in a savings account, even if it doesn't grow very fast."}
{"text": " As mentioned by others, dollar cost averaging is just a fancy term for how many shares your individual purchases get when you are initially adding money to your investment accounts.  Once the money is invested, annual or quarterly rebalancing serves the purpose of taking advantage of higher rates of growth in particular market sectors. You define the asset allocation based on your risk profile, time to retirement, etc., then you periodically sell the shares of the investments that have grown faster than the rest and buy more shares of the investments that are relatively cheaper."}
{"text": " \"Yeah I knew you would bring that up. But what about the guy who is getting called a racist but really does have black friends? What do you say to that guy? That's like the old saying, \"\"If you bust on gays you must be gay.\"\" Super retarded logic, but expected. I am getting a full picture now, keep it coming.   Look, muslims all follow this Koran book, it's their fucking bible, which has over a 100 verses about fucking up non-believers. I don't think anything more has to be said than that if you are a logical thinker. Now if none of the muslims were acting up, maybe you could say \"\"hey, it's just a book, they don't follow it to the T\"\" but tons of them are going around quoting the book, praising the peadophile who's the head of the whole thing, and stabbing, hacking and running over innocent people.   Seriously man, what part of that don't you get?\""}
{"text": " \"I don't like buying individual bonds for my own portfolio.  I actually used to buy long-term government strip bonds (Canadas or provincial bonds) but I stopped.  Here are some reasons why: My broker allows me to purchase bonds via their web application.  However, to sell a bond, I had to call in to the fixed-income trading desk.  That was inconvenient.  (But your broker may be different.) Bonds don't typically trade on a formal exchange.  So, there's no cheap & easy way (as far as I know) to get an independent quote for a bond's value \u2013 I had to trust what my broker said my bond was worth when assessing my portfolio performance.   I asked my broker once how they arrive at the \"\"market value\"\" shown \u2013 i.e. whether it was last bid, ask, or actual trade \u2013 and I was told they use a third party bond quotation / valuation information provider for the data, and that quotes are an estimate of what the bond would be worth, based on similar bonds.  I quickly learned that wasn't the value I could actually get when selling it: When you're dealing with your broker to buy and sell bonds, you're likely dealing with theirs or a related investment bank which makes a market for specific issues of bonds.  While I wasn't being charged an explicit commission to buy or sell bonds, it was evident the broker makes money off the spread:  That is, the difference between what they would be willing to sell a bond for and what they would be willing to buy that same bond for.  They will buy your bond back from you cheaper than what they could turn around and sell it to somebody else for.  That's why they don't charge an explicit commission... it's built in and hidden! Anyway, when I finally discovered my broker would seldom actually offer me the \"\"market value\"\" quoted for my bonds (typically, it would be bought back for a few percent less than it were theoretically worth), I gave up.  I don't think bonds simply are liquid enough, nor the costs transparent enough for retail investors.  (Or maybe it's just me :-) However, I do think bonds remain an important part of a diversified portfolio:  Bonds ought to be represented in a diversified portfolio using low-cost bond index mutual funds or exchange-traded funds.  Since these funds buy & sell bonds in large quantities, they get a better deal on the spreads.  So, while you do pay an explicit management fee for a fund, you are probably saving since you're not getting shafted on the spreads.\""}
{"text": " Because the normal and **perfectly effective** regulatory controls in place for the past 130 years, that allowed the states to monitor and intervene in any predatory lending, was dismantled by Bush in 2003, when he blocked all 50 state attorney generals from routinely investigating what they noticed was a sudden growth in questionable banking practices.  Not only that, when [ALL 50 state attorney generals protested](http://www.atg.wa.gov/BlogPost.aspx?id=28620), Bush used the OCC to threaten to sue any state AGs who persisted.    i.e., in 2003 Bush forcefully undid the longstanding Consumer Protection laws and castrated the state AGs, right as the state AGs were proceeding to stop the uptick in illicit bank practices, leading to the mortgage crisis a few years later. It wasn't until the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that Congress **restored** what Bush dismantled in 2003.  (for your historical reference:  OCC = office of comptroller of currency.  The OCC and the states have long had a fair and balanced dual system, set by the vast majority of past Supreme Court rulings and the National Bank Act.  Bush abolished that precedent and used the OCC to give banks the power for the first time to fight off the state regulators.)"}
{"text": " \"Because it is a Roth IRA (not traditional), you never pay penalties for withdrawing any amount up to your total contributions amount. This is because you are funding it with after tax money. But it sounds like your Roth had $11K in it and you zeroed it out? If you were less than 59.5 years old at the time you made the withdrawal, then if you did not return anything to the account, then you would pay tax on the 6K as income this year at your normal tax rate, plus an additional 10% penalty on that 6K ($600). The 5K in contributions is not taxable. Now, since it's been more than 60 days since you withdrew the money, you cannot put the 6K in earnings back in without paying the penalty, however, you can still contribute $5500 per year (or $6500 if you're over 50). So, you can put back $5500 and then you would only have to pay tax + 10% on the $500 difference. Update: I would recommend talking to an accountant. The fact that you intended to buy a house might provide a mechanism for getting the money back in if you wish. If this was your first house or you have not owned a home in the last 2 years, then you would be considered a \"\"first-time homebuyer\"\" and there is a special exception allowing you to remove 10K without penalty. If you end up not purchasing the home, you have 120 days to contribute those funds back in (treated as a rollover- thank you littleadv for the link to this). As for the final 1K overage, I believe you can count that towards your $5500/yr contribution when you put the entire amount back. Lastly, after digging into this, you have hit so many edge cases with your scenario (6K in earnings being between 5500 for under 50 and 6500 for over 50, it's been 70 days which is between the 60 day normal cutoff and the 120 day extended cutoff for home purchase falling through, and 11K total being just over the 10K cutoff for the same), that I'm starting to wonder if this is some sort of contrived case for an accounting exam!?\""}
{"text": " Will citizens advice be able to help me, or am I only going to get told to seek legal advice anyway? They are just advisory. i.e. help/guide people. They are not responsible for any outcome. What can I do as I'm not the person who's made payment or been paid, but I also don't want to cause the estate agent lots of work from my mistake, but legally no bank will talk to me anyway. You are right. You estate agent would have to follow-up with banks [which you have already done]. Will I have to seek legal action or the estate agent? Once you follow-up with the Banks and the Ombudsman, you should proceed to legal. Legally if it is a mistake on your part, the beneficiary is NOT entitled to the money and has to refund it. However establishing this takes a while and hence most of the times beneficiary does not pay back the money that is not rightfully his."}
{"text": " Replace your own brake pads Disc brake pads are usually snap-in replacement parts. YouTube has tons of videos showing how to do it. Find one with a car similar to your own. And it cannot be over-emphasized... Keep up on the routine maintenance. You can look up the schedule on your car manufacturer's website."}
{"text": " If you had purchased the land directly from your NRI account in your name [with power of attorney] in your wife's name, it would have been very simple to get the funds back. Whenever you sell the land, transfer the funds into NRO account. From NRO account you can repatriate back USD 1 Million. A CA certificate is required detailing the purpose and that tax is paid on the funds, talk to your bank and it should be easy. The gains will be taxable in India as well as in the US. You can claim rebate to the extent of taxes paid in India."}
{"text": " The only reason to lend the money in this scenario is cashflow. But considering you buy a $15000 car, your lifestyle is not super luxurious, so $15000 spare cash is enough."}
{"text": " Good for lazy investors, time-restricted investors, investors with little knowledge, investors who want a hybrid of advice and tools without paying the crazy fees of mutual funds or an advisor. The biggest advantage, is that it is easy, quick and convenient If you have the time and knowledge, this might not be for you"}
{"text": " W kolekcji fototapet do kuchni i jadalni znajdziecie Pa\u0144stwo soczyste, pobudzaj\u0105ce zmys\u0142y, pachn\u0105ce obrazy i zdj\u0119cia m.in. produkt\u00f3w spo\u017cywczych, kt\u00f3re doskonale wpisuj\u0105 si\u0119 w dekoracyjne aran\u017cacje w\u0142a\u015bnie tego typu pomieszcze\u0144. Aromatyczne i smaczne wn\u0119trze, namawiaj\u0105ce do inspiracji i podr\u00f3\u017cy kulinarnych stworzysz dzi\u0119ki naszym wzorom fototapet do kuchni i jadalni. A przy okazji dodadz\u0105 smaku twoim codziennym posi\u0142kom."}
{"text": " 1% is below interchange, so you either 1) take mostly debit, 2) have someone willing to literally lose money paying the banks for you, or 3) have hidden/padded fees somewhere else.  Edit: Or 4) Have customers pay the fees through surcharging."}
{"text": " Good addition. When learning finance and business, /u/msattam, realize the world does not work cleanly like it does in a textbook. You have added complexity, both systemic and human caused. And that there is a very good reason that we must understand agency issues and how to mitigate those risks."}
{"text": " Pay off the debt first.  Life circumstances change without notice, and starting any stage of life with a debt puts you at a disadvantage.  Luckily, your debt is small.  Please also consider accumulating a 6 month emergency fund before making investments. This will further protect you when life hands you a curveball."}
{"text": " \"If you're under 18 there's not much you can do. As a minor, your kinda just stuck. There are routes to go, but not many.  If you're over 18, here's what you can do.  Now these steps won't help you not anger your mother. They're \"\"what you can do\"\" but it doesn't mean you \"\"should\"\". Keep in mind that it might be better just to have a conversation. In that conversation, if you think you need to say, \"\"I will file a complaint with the FBI, and have you arrested if you don't stop! You're breaking the law and invading my privacy.\"\" Again these are drastic steps to take. More moderate steps may be advisable.\""}
{"text": " &gt;Coal is already dead because of natural gas       I don't believe you.     &gt;The usa sits on 28% of total global coal reserves. 260 billion short tons of recoverable coal reserves.    &gt;Despite significant U.S. coal production since the industrial revolution, recoverable domestic coal reserves at current mining levels would last 222 years.     &gt;https://www.eia.gov/todayinenergy/detail.php?id=2930"}
{"text": " The problem is that at full employment demand in the market is supposed to increase as people spend money. More money in the market means more inflation, but because wages have not risen even at full unemployment inflation is not rising.   If it is not rising the problem is that it might really be deflating, deflation is the enemy of the rich as the price for goods, services and assets decline."}
{"text": " Start with the bank where you have your checking and savings account. They can streamline some of the paperwork, because they can see how much you make, and have access to several years worth of bank statement. Legitimate mortgage companies do publish their rates. But there is no guarantee that you will qualify for the best rate without them knowing your credit score, salary, and down payment information.  There is no way to know that you have the best rate because of the time lag involved. You will pick the best one you can work with, but the rates can change every day.  Even when you lock in the rates, other companies can drift lower. Once you have started down the application process you will reach a point where switching companies will cost you time and money. Once you decide to purchase a house, the contract usually only gives you a few weeks to prove that you have financing in place. Therefore you will have to start the process before deciding on the house. Some advance work is needed to give you an idea of the maximum monthly payment you can afford, which will then based on the rate and down payment determine the maximum house you can buy. I have had good luck with my credit union, but there is no guarantee that yours will be competitive. Keep in mind that while rates are very important, some people also value customer service, and also like that the mortgage won't be sold to out of town investors."}
{"text": " You are expected to file 1099 for each person you pay $600 a year. I.e.: not a one time payment, but the total over the course of the year. Since we don't know how much and what else you paid - we cannot answer this question. The real question you're asking is that if you're treating the enterprise as a hobby, whether you're supposed to file 1099s at all. The answer to that question is yes. You should talk to your tax adviser (a EA/CPA licensed in your state) about this, and whether it is the right thing for you to do treating this as a hobby at all."}
{"text": " You could have both options exercised (and assigned to you) on the same day, but I don't think you could lose money on both on the same day. The reason is that while exercises are immediate, assignments are processed after the markets close at the end of each day. See http://www.888options.com/help/faq/assignment.jsp for details. So you would get both assignments at the same time, that night. The net effect should be that you don't own any stock (someone would put you the stock, then it'd be called away) and you don't have the options anymore. You should have incoming cash of $1500 selling the stock to the call exerciser and outgoing cash of $1300 buying from the put exerciser, right? So you would have no more options but $200 more cash in your account in the morning. You bought at 13 and sold at 15. This options position is an agreement to buy at 13 and sell at 15 at someone else's option. The way you lose money is if one of the options isn't exercised while the other is, i.e. if the stock is below 13 so nobody is going to opt to buy from you at 15, but they'll sell to you at 13; or above 15 so nobody is going to opt to sell to you at 13, but they'll buy from you at 15. You make money if neither is exercised (you keep the premium you sold for) or both are exercised (you keep the gap between the two, plus the premium). Having both exercised is surely rare, since early exercise is rare to begin with, and tends to happen when options are deep in the money; so you'd expect both to be exercised if both are deep in the money at some point. Having both be exercised on the same day ... can't be common, but it's maybe most likely just before expiration with minimal time value, if the stock moves around quickly so both options are in the money at some point during the day."}
{"text": " Wrong message. I initially thought this was true, but it's not as cut and dry as people want to make it seem like it is. People usually try to say that he's just a bad CEO for Sears, and while this is completely true, the long game isn't as cut and dry.   By buying a majority of Sears, he's using his power to authorize the sale of properties to himself, which he's then re-leasing back out when Sears fails to pay him (as Sears' landlord). Lampert isn't looking to fix the house -- he's looking to put the homeowner out of business, buy it, re-lease it to the homeowner, hike up the rates, then when the homeowner can't pay, re-lease it back out to someone else.   It's very tangled and that's exactly why shareholders are going to lose big time when Sears declares Chapter 7 bankruptcy."}
{"text": " One of the best shopping website is Wayshopy. Why to slog yourself in such a scorching heat when you can get things on one click - http://wayshopy.in/  The attractive deals and sales all time gives the shoppers an never ending enjoyable experience while being associated with Wayshopy. From affordable and good quality clothes to high end electronic is all there in a wide range that they offer. In style accessories are also something that you can check out. So what are you waiting for go and grab the attractive offers and endless discount that Wayshopy offers."}
{"text": " Geloman's Indian Spares is the top stockist of all Indian motorcycle spare parts in the United States. There are many online websites which provide the motorcycle spare parts. But we provide the best motorcycle spare parts at an affordable price. If you are looking Indian 341 motorcycle spares parts and wants to online, then you can visit our website. Here you can see a great range of all motorcycle spare parts. Through our search directory, you can book online spare parts if you need."}
{"text": " Options are contractual instruments. Most options you'll run into are contracts which allow you to buy or sell stock at a given price at some time in the future, if you feel like it (it gives you the option). These are Call and Put options, respectively (for buying the stock and selling the stock). If you have a lot of money in an index fund ETF, you may be able to protect your portfolio against a market decline by (e.g.) buying Put options against the ETF for a substantially lower price than the index fund currently trades at. If the market crashes and your fund falls in value significantly, you can exercise the options, selling the fund at the price that your option has specified (to the counter-party of your contract). This is the risk that the option mitigates against. Even if you don't have one particular fund with your investments, you could still buy a put option on a similar fund, and resell it to another person in lieu of exercise (they would be capable of buying the stock and performing the exercise themselves for profit if necessary). In general, if you are buying an option for safety, it should be an option either on something you own, or something whose price behavior will mimic something you own. You will note that options are linked to the price of stocks. Futures are contracts whose values are linked to the price of other things, typically commodities such as oil, gold, or orange juice. Their behaviors may diverge. With an option you can have a contractual guarantee on the exact investment you're trying to protect. (Additionally, many commodities' value may fall at the same time that stock investments fall: during economic contractions which reduce industrial activity, resulting in lower profits for firms and less demand for commodities.) You may also note that there are other structures that options may have - PUT options on index funds or similar instruments are probably most specifically relevant to your interests. The downside of protecting yourself with options is that it costs money to buy this option, and the option eventually expires, so you may lose money. Essentially, you are buying safety and risk-tolerance from the option contract's counterparty, and safety is not free. I cannot inform you what level of safety is appropriate for your portfolio's needs, but more safety is more expensive."}
{"text": " No you don't.  You remove the job in this country and send it to another.  People would mind less if they were given the option of following their job to the new country with its cost of living reduced with their new wage.  Probably few would take the option, but at least you would not be SOL."}
{"text": " &gt;assuming he's a legacy  ...  &gt;assuming he didn't have high grades or get in on merit just because he may have had wealthy parents  ...  &gt;assuming he had wealthy parents in the first place  ...  &gt;keeping these assumptions despite the fact that he clearly made good grades at Princeton, judging by him getting a job with a company that only recruits the top of the class  Probably gonna say he just got good grades because he was rich next, right? Or that [Goldman](https://www.wallstreetoasis.com/forums/gpa-cutoffs-0) ignored low grades because he went to Princeton.  *Someone* seems a little butthurt that they aren't as successful as they hoped to be."}
{"text": " In the United States, when applying for credit cards, proof of income is on an honor system. You can make $15k a year and write on your application that you make $150k a year. They don't check that value other than to have their computer systems figure out risk and you get a yes or no. It was traditionally easy to attain credit, but that got tightened in 2008/2009 with the housing crisis. This is starting to change again and credit is flowing much more easily."}
{"text": " If you were looking to maximize your ability to save in a qualified plan, why not setup a 401K plan in Company A and keep the SEP in B? Setup the 401K in A such that any employee can contribute 100% of their salary.  Then take a salary for around 19K/year (assuming under age 50), so you can contribute and have enough to cover SS taxes.   Then continue to move dividends to Company A, and continue the SEP in B.  This way if you are below age 50, you can contribute 54K (SEP limit) + 18K (IRA limit) + 5500 (ROTH income dependent) to a qualified plan."}
{"text": " The thing about the US and oil is that, we both produce and consume a lot of it. Yes the oil producing parts of the US economy benefit from a higher oil price and are hurt by a lower oil price, but the oil consuming sectors of the US economy benefit from a low oil price. So, it's hard to say definitively whether lower oil prices hurt or help the US as a whole. Although, I personally suspect that low oil prices benefit the USA economy more than they hurt it."}
{"text": " \"&gt; its a more efficient way to use the whole cow  And if they add more stuff, then you can even use 150% of the cow! Love those unlabeled additives!  P.S. Ever heard of prions? CJD? Mad Cow Disease? \"\"Using the whole cow\"\" isn't always a good thing.\""}
{"text": " &gt; It doesn't have what Amazon wants or needs.  Except it literally has everything but transit. And even then, we rank pretty low for traffic congestion overall. Just slap down a commuter rail and expand bus services and we'd be on par with most other metros."}
{"text": " Well, what you are asking is EMI, which comes to 30.78 in your case.  The formula you are applying is of compounding a value, which is completely different.  In EMI, person keeps paying money every month or any other period as specified. This amount is firstly allocated towards the interest for the period and the balance for principal amount. So, in effect principal keeps decreasing and subsequently interest thereon. Also, since, interest is getting paid every time it becomes due, compounding actually do not happen at all.  In the case of compounding, interest gets applied at certain interval, but do not get paid. So, in effect every time when interest gets applied, it applies on complete Principal outstanding as well as interest unpaid. Hence, this complete amount gets payable at the end. In this case, total amount payable is obviously high, because of 2 reasons: 1. Since, Principal gets unpaid during whole period, you are paying interest on complete amount for complete period.  2. You will be paying interest on interest (compounding of interest) since you are not paying it as it is becoming due. Hence, both are different. You need to find EMI calculator or EMI formula, to achieve your purpose. EDIT: The formula for calculating EMI: Assuming a loan of Rs. 1 lakh at 9 % per annum, repayable in 15 years, the EMI calculation using the formula will be: EMI = (1,00,000 \u00d7 0.0075) \u00d7 [(1 + 0.0075) 180 \u00f7 {(1+0.0075) 180 } - 1] = 750 \u00d7 [3.838 \u00f7 2.838] = 750 \u00d7 1.35236 = 1,014"}
{"text": " You can. Almost anybody (barring medical issues) can, the drudgery will be intense and utterly soul sucking.   Sure fire formula: Spend very little, save everything and put down down payments on rental houses.  It will eventually get you millions even if everything goes very wrong after 30 years.  It should work out into the millions somewhere between 15-25 years."}
{"text": " I suppose you can calculate the rate of return on buying a home in terms of appreciation, expenses, inflation, taxes, etc.  Nothing wrong with that. The method justkt came up with is accurate, but when you get the number out I wouldn't worry if the return is negative. Why?  Because you've lived there and enjoyed the house the whole time (I'm assuming anyway that this is your residence you're purchasing).  If you come out even the slightest bit ahead, congratulations!  You had a free place to live the whole time, plus you made a little money on the deal. If you lost money, then oh well.  You still had a place to live."}
{"text": " There are numerous approaches to lose a ton of weight quick. Be that as it may, the majority of them will make you eager and unsatisfied. In the event that you don't have press determination, at that point appetite will make you abandon these arrangements rapidly. To weight loss, every one of your dinners ought to incorporate a protein source, a fat source and low-carbon vegetables. High protein diets can likewise decrease over the top musings about nourishment by 60%, diminish crave for late-night nibbling considerably."}
{"text": " \"Yes this is possible in the most liquid securities, but currently it would take several days to get filled in one contract at that amount There are also position size limits (set by the OCC and other Self Regulatory Organizations) that attempt to prevent people from cornering a market through the options market. (getting loads of contacts without effecting the price of the underlying asset, exercising those contracts and suddenly owning a huge stake of the asset and nobody saw it coming - although this is still VERY VERY possible) So for your example of an option of $1.00 per contract, then the position size limits would have prevented 100 million of those being opened (by one person/account that is). Realistically, you would spread out your orders amongst several options strike prices and expiration dates. Stock Indexes are some very liquid examples, so for the Standard & Poors you can open options contracts on the SPY ETF, as well as the S&P 500 futures, as well as many other S&P 500 products that only trade options and do not have the ability to be traded as the underlying shares. And there is also the saying \"\"liquidity begets liquidity\"\", meaning that because you are making the market more liquid, other large market participants will also see the liquidity and want to participate, where they previously thought it was too illiquid and impossible to close a large position quickly\""}
{"text": " I assume that when this actually matters for calculations with money on the line (if there is a need to calculate the probability of hitting a knockout, getting called out of a position, stop loss, etc.) many of these people will use the actual formulas that will give them the correct answers."}
{"text": " \"GTI NET is a fresh new MLM company that make the buzz. This will be for sure your best mlm company in 2017,2018 and 2019. Coming from Belgium it is little known in the United States, United Kingdom and Asia. It has a \"\"non saturation\"\" model due to the combination of a wonderful financial product and one of the best multi level marketing compensation plan. This Multi Level Marketing review will shake your conception of the MLM industry for sure, and turn your presuppositions about the MLM industry upside down! To enroll or to get more information contact me at gti.net@YourBestMLM.com http://YourBestMLM.com\""}
{"text": " Apple's strategy in India has been bad over the years.   Initially, their official launches of their phones was nearly 1 year late. So people who wanted those phones either got them by going overseas or getting it through someone. Or black markets, without official warranties.  Then they tried to do the same kind of marketing like in US, of carrier-specific phones which are not even subsidised, totally ignoring the norms of the Indian markets (most phones are sold separately from the mobile plans). Why would anyone in the right mind buy a full priced phone and still get stuck with one company's overpriced iphone specific plan only? or buy an older iphone with subsidised mobile plan?  Apple strategy has to take the primary blame."}
{"text": " Just 30 years ago China was at a level that is now found in countries of Africa. They have been progressing faster than any country that went from deep poverty to a modern economy.  Of course, they are still a couple of decades away from being at the level of Western Europe and the US, but the gap is closing fast."}
{"text": " This More or Less podcast has a fantastic section on executive pay in the US and UK. With some economists whose research determined that there is basically no relation between remuneration and performance.  In Germany, Switzerland etc where there are different rules and factors there is less overall executive pay and it is far more tied to performance.   http://downloads.bbc.co.uk/podcasts/radio4/moreorless/moreorless_20120511-1640a.mp3"}
{"text": " 3G capital is one of the major holding companies of Heinz.  They own (co-own) many major bands, such as Burger King.  They are known for completely gutting the core values these companies were built on.  All the matters to them is cost cutting (often food/product quality, salaries, wages, benefits, company perks, company celebrations, etc).  They promote a zero based budget meaning every organizational expense is tirelessly scrutinized in the search of slimmer costs to increase profit.  They embody all the is wrong with capitalism when it comes to society-at-large.  So how does this guy play into it?  They are also known for promoting their young employees quickly.  It effectively allows them to pay young employees less for more work.  I know first hand, it creates a culture of young people working long hours for low pay with the hopes of being the next rising star.  People like this 29 year old CFO may be compensated well, but likely has most of the compensation held in bonuses for short-term results.  The result is very quick employee burnout and turnover, and zero work-life balance.  All i can say to finish this rant off is that in the short-term, the system 3G is putting into place for the companies they are absorbing is effective for trimming costs and increasing profits for shareholders.  Long-term, the low pay, long hours, and zero family values is and drain on society.  They are a cancer in the business world.  Read some articles about their takeovers of Heinz, Burger King, Tim Hortons.  Their treatment of employees is horrific, again I've seen it first hand.  Head over to /r/Canada and read how Canadians now view the products and values of their once beloved Tim Hortons."}
{"text": " There are a number of ways this can result. In a broad ETF, such as SPY, the S&P 500 spider, the S&P index will have 500 stocks no matter what, so a buyout would simply result in a re-shuffling of the index makeup. No buyout will happen so quickly that there's no time to choose the next stock to join the index. In your case, if the fund manager (per the terms of the prospectus) wishes to simply reallocate the index to remove the taken-over stock that's probably how he handle it.  Unless of course, the prospectus dictates otherwise. In which case, a cash dividend is a possible alternative."}
{"text": " 1. This tape system needs a lot of preparation time. 2. Installation involves skilled labor from the manufacturer. 3. Once a Flange is sealed Maintenance cannot be done. - Biggest drawback. 4. Cannot be reused.  Read More - http://blog.indanasteel.com/2017/10/flange-and-valve-wrapping-tape-system.html"}
{"text": " Qbank is superb for level 1 but for Levels 2 and 3 you really gotta do the hardest ones, aka the item sets.  I would suggest doing 3 full practice exams and recognizing where you need work with 1-2 weeks to spare before exam day"}
{"text": " I'm familiar with the quote. The institution you donate to can keep you anonymous. The person actually benefiting is not aware of your generosity. This is how I understand the biblical meaning.  By the way, a number of people who donate, do not take the tax deduction, so as to not benefit. To them I suggest they calculate the refund, and add that to their donations the next year."}
{"text": " \"&gt; All companies are incorporated. It's the definition of a company.  That is incorrect; you have to follow specific legal procedures (the exact procedure seems to vary per state) to give a company the legal status of being \"\"incorporated\"\".  Dunno about incorporated companies automatically being \"\"public institutions\"\", but all companies are definitely not automatically incorporated.\""}
{"text": " If they don't spoil, you can still get some marginal benefit if buying in bulk means you avoid the need for a trip to the shops to get a replacement. If the item is a commodity that you will use eventually you are unlikely to lose out as the prices tend to remain fairly stable. There's also the inconvenience factor, I like to have plenty of some items so I'm not caught short, consider how important your furnace is in mid winter, or the inconvenience of running out of an item right when you need it."}
{"text": " A mortgage lender will not usually lend more than they could get if they had to repossess the property and sell it to recover their investment (in the U.S. it is generally accepted that 80% of market value is the golden number that makes the mortgage work).  That's why an appraisal is required. Even with 50% down, the numbers might not add up if your property is appraised very low (extremely unlikely, though. It's more likely your realtor is inexperienced)."}
{"text": " The research was comparing grocery chains in Manhattan, who all would have similar costs, and WF was the second cheapest.  It's not apples to apples if you're comparing prices at stores in locations that would have different costs of doing business. Of course things will be cheaper way out in the Bronx than in midtown Manhattan."}
{"text": " \"Hit you local library and pick up a copy of \"\"Critical Business Skills for Success\"\" by The Great Courses.   It's a 30 hour audio book, but is an amazing business crash course. I wish I would have found it before trying (and failing) my own business.\""}
{"text": " This is basically a math problem. It depends on the pension benefits, the lump sum, and the chance that the company doesn't honor its pension plan. If you're willing to share the first 2 and the company name, it's possible to roughly figure out the odds of the third if your company has bonds or CDS. Maybe some bored analyst would do it for you here, or you could probably hire a financial advisor for an hour or 2 to figure it out."}
{"text": " And a lot of people just don't read. It always throws me for a loop to visit someone's home to see not a single book in the place. But it happens all the time. And that is not a sign of someone who likes to borrow from the library or reads on a tablet. That is someone who just doesn't read."}
{"text": " Yes. There's a long tradition of this going back to the Roman Empire. It's called the dispersal of power. It's the fundamental reason why democracies are the least worst form of government, just after everything else.   https://www.youtube.com/watch?v=rStL7niR7gs  Of course, actual equity and zero corruption would be ideal, but to be able to maintain the illusion of something like that, and have many wealthy interests compete for influence does a better job of dispersing power.  EDIT: The Roman Republic was somewhat good at dispersing power, but things broke down into the Empire. However, throughout the history of Rome, there were powerful wealthy interests that also held power, and these patterns carried forward into the middle ages and Renaissance."}
{"text": " Our Website  http://www.tanklessdoneright.net/ Tankless water heater reviews serve as an important resource to compare and evaluate different types of tankless water heaters available on the market. Tankless water heater reviews appear in periodicals, newsletters and books. Like other product reviews, individuals as well as companies and manufacturers post tankless water heater reviews on the site Tankless Done Right. There are numerous Web sites devoted to providing excellent reviews on the available tankless water heaters."}
{"text": " I've read online that 20% is a reasonable amount to pay for a car each month - Don't believe everything you read on the internet.  But, let me ask, does your current car have zero expense? No fuel, no oil change, no repairs, no insurance? If the 20% is true, you are already spending a good chunk of it each month. My car just celebrated her 8th birthday. And at 125,000 miles, needed $3000 worth of maintenance repairs.  The issue isn't with buying the expensive car, you can buy whatever you can afford, that's a personal preference. It's how you propose to budget for it that seems to be bad math. Other members here have already pointed out that this financial decision might not be so wise."}
{"text": " However, recently Ford has been making moves to start producing some of their cars in Mexico...and they have been trying to make a case to Trump to not increase the import tariff to 35% on vehicles imported from Mexico because it would eat up all their profits. It is funny how the tables have turned."}
{"text": " It's an artifact of risk-neutral pricing, but the intuition is this:  A call option can be viewed as a levered equity position - meaning, you can get the same exposure by borrowing money and buying the stock.    Say you can buy some call options for $150 with a position delta of 1 (so it looks just like the stock).  You could also buy the stock outright for $1000 (by borrowing $850 at the risk-free rate and using your $150 cash).  If the risk-free rate rises, your cost of carry on the stock position increases.  In the case of the call option, the change in price can be viewed as the cost of *leverage* increasing."}
{"text": " \"I'm not a fan of \"\"You have $2000 worth of transactions before you have to give us your checking account number\"\", even though they are nice enough to let us delete and recreate our accounts.  I wonder how many of the cuts are engineers and how many are bureaucrats.\""}
{"text": " \"There is also the aspect of [time taken during the day to eat.](https://www.forbes.com/sites/tombarlow/2011/04/15/americans-cook-the-least-eat-the-fastest/#3428a01f4162)  (Note:  Article from 2011.  I mean this overall message as a \"\"this is also a factor.\"\")  Full breakfast?  No time, need to get to work, will grab drive through and a coffee on the way.  Lunch?  Half an hour?  If you don't take something from home (and who WANTS to take the time after work to make up tomorrow's meal,) you need something close and easy to wolf down.  Supper?  Ugh, so worn out from the day.  If a person doesn't even want to make up tomorrow's lunch, why go through complicated tonight.\""}
{"text": " For many that is simply not true.  Too many Americans are born into the same poverty and lack of opportunities that they will die under...   In vast swaths of the US there is very little opporunity for many reasons, even where there is opportunity, usually only those who are already privileged have access to it."}
{"text": " You should consult a US CPA to ensure your situation is handled correctly.  It appears, the money is Israel source income and not US source income regardless if you receive it while living in the U.S. If you file the correct form, I suspect the form is 1040NR and your state form to disclose your income, if any, in 2015 and 2016, it should not be a problem. Having said that, if you do earn any type of income while in the U.S. , you are required to disclose it to both the IRS and state."}
{"text": " You can trade an index by using a Contract For Difference, or CFD. Various brokers offer this method and the spreads are quite low. They tend to widen outside of market hours, and not all brokers offer the same spreads. I would look for a broker that offers the lowest spread on the index you are interested in. You should also do your due diligence and check they are regulated by the relevant authority  pertaining to their territory, eg FSA for uk"}
{"text": " One wonders how quick Trump will be to deflect any connection to the markets when they inevitably turn.   For this very reason, past Presidents tended to be very cautious about connecting their job to something that they only have a very distant and tenuous connection to."}
{"text": " My thinking is that since the last time a drop like that happened was back in the early 1930's, calling a drop of that magnitude, even if off by 2 years, is still an impressive feat. That's equivalent today to calling the SP500 to be under 400 by a certain date. Sheer insanity to make that kind of call.   Not saying either of us is correct, I think we just have different perspectives on accuracy."}
{"text": " &gt; While I'm talking to an Estonian, how's Estonia doing these days?  The current party in power is having a financing scandal. Allegedly one of their current ministers organised money laundering schemes while being the secretary of the party years ago, but it goes a lot deeper than that, he's refusing to step down, and an investigation into this by the state prosecutor was shut down due to lack of evidence.  The guy is the minister of justice, so the state prosecutor actually answers to him directly.  At times it feels like we're living in god damn India or something."}
{"text": " https://www.forbes.com/sites/susanadams/2015/08/18/how-people-who-work-for-amazon-really-feel/#3072825d3305   &gt; Times reporters David Streitfeld and Jodi Kantor wrote in a 7,000-word feature that they had interviewed 100 current and former Amazon employees, most of whom described an intense, often cutthroat workplace where senior managers encourage their reports to attack one another\u2019s ideas in meetings. An internal phone directory includes instructions on how to send secret notes about colleagues. Workers suffering from cancer, miscarriages or other personal issues are penalized or pushed out, as are any employees who don\u2019t meet the company\u2019s high standards. Many Amazon employees resort to weeping at their desks, said the story."}
{"text": " \"Listen guys.  The TPP only benefits multi nationals. Don't let this propaganda make you think that somehow \"\"small farmers\"\" would benefit from a deal that no one has seen, can't read, can't edit, cannot debate, can't change, doesn't sunset and you can't get out of it.    Also,  pro TPP \"\"opinion influencers\"\" don't speak to me or you will be flagged as spam.    Edit: spelling\""}
{"text": " First step is to see if you have any family members which can co-sign for you so you can get a credit card, then from there as you pay off the credit cards payments you can slowly build credit. However, since you don't have any previous credit history it'll be a slow process. I think that would be a good first step in the right direction. Alternatively, you can see if close relatives such as your parents can help pay for a financial advisor who can help you much better with issues like these"}
{"text": " \"Does some official tell the Foreign Exchange the the new exchange rate for the yuan is 0.98 * the current exchange rate? For China (and other countries with fixed/controlled exchange rates) - that's exactly how it happens. Does it just print more? This is the way to go for fully convertible currencies (like the USD, EUR, GBP, and handful of others, there're about 20 in the world). Flood the market and as with any commodity - flooding the market leads to a price drop. Obviously \"\"just print more\"\" is much harder to do than picking up the phone and saying \"\"Now you're buying/selling dollars at this price and if you don't I'll have you executed\"\".\""}
{"text": " In your other question about these funds you quoted two very different yields for them. That pretty clearly says they are NOT tracking the same index."}
{"text": " &gt; I do this for a living  I think that's become painfully obvious. Take this as a learning experience, pink slime is NOT acceptable, misleading labeling is NOT acceptable.  &gt; They're designed to not be misleading.  They are marketing and are designed to lie and deceive the consumer. Those involved should be jailed for what they do (sounds like you) as an example of both fraudulent trading (since that is what it is), and corruption (since the only reason the law allows you, is because you bribed someone).  Take a long hard look at yourself."}
{"text": " AD FINMANS was promoted in 2013 with an objective to provide value added financial services. We have a professional team of financial experts who understand your requirements of loan. We analyze the requirements and consult you on the best possible options so that you can avail the benefits of your loan with your feasible tenure."}
{"text": " \"And this investment and money is under control? HAHAHAHAHAHA   Awesome. Looks more and more like a Ponzi the further and further you go. Please, explain how having the fed purchase our own debt is \"\"under control\"\" please. Show me some other great empire in history that managed to purchase its own debt.\""}
{"text": " The company struck a truce with Elliott. They elected 3 of Elliott's nominees to the board, agreed to annual board elections, and placed Elliott on the committee for the firm's CEO search (Elliott targeted their previous CEO trying to push change and he had to resign after sending a threatening letter to Elliott)."}
{"text": " Geely owns the Volvo car corporation, which used to belong to the Volvo company. The Volvo car corporation was a relatively small part of the greater Volvo group, which Geely has absolutely no control over whatsoever. I know it's easy to look at Volvo and imagine a car, but it was really the least profitable part of the company for a long time. Volvo is involved in trucks, aircraft, boats, construction, owns a chunk of Renault and outright owns Mack trucks. It's a big company with some 90 000+ employees."}
{"text": " &gt;companies supplying the electricity  For the most part, the transaction costs make trying to play EON, RWE, EDF, et al on the short term basis useless. Those companies are all so big and hedged that almost any pricing scenario isn't going to materially impact them. This isn't PGAE circa 2000."}
{"text": " \"My statement was that \"\"contractors\"\" who \"\"outnumbered troops on the ground\"\" being painted as security contractors was incorrect. That statement, even at it's most conceptual, isn't really accurate in spirit since the vast majority of contractors were Iraqi's working on different projects which had nothing to do with the military element of the occupation and everything to do with nation building or base support.\""}
{"text": " Fair enough. The economy isn't doing so well, and employment is struggling. Still, by no stretch of the imagination do real jobs with benefits not exist anymore. Yes, unemployment and part-time status combined sum to tens of millions of people, but that number is still smaller than the number of people with full-time employment status.  I feel for anybody who doesn't have a good job situation, but things will get better eventually."}
{"text": " I understand the aggression because the logic permeates into individual income taxes and can really negatively affect lives. I mean I really essentially at some point am being forced to chose between sane financial stability or a feeling of identity of the country I am from. I hate that I'm in that position and I hate the politicians and the people that enable them even more. FATCA passed the Senate with 80 votes. It was part of a jobs bill, so GOP went against it in the House, but they still supported that position. They only changed their tune about that one just last year after allowing both parties to trample all over citizens living abroad. But there's only a few million of us and it's distributed across states, so our votes just don't matter."}
{"text": " govt debt and money printing is nothing to the amount of debt in circulation in the private sector (41 trillion).  it was the private sector that created the inflation and bubbles.     giving students 1 trilion to pay off all student loans isn't inflationary, it would be deflationary.  because the banks created the credit out of thin air to lend to the students for college, if you pay it back, it closes the circuit.   Govt would have 1 trilion in debt, but that's nothing, only a trilion dollars.   it can get paid back in tax revenue from economic recovering by the private sector no longer burdened by debt."}
{"text": " It doesn't matter. An email service does not appear less professional then a URL.  While a URL is nice, it's not a major eyegrabber in the world of professionalism, only how you manage yourself and the work you put out will determine your professionalism.  In the end, don't worry about the email; worry about the work and the quality."}
{"text": " If you want to work within that constraint, then I sincerely suggest you find a credit councilor.  It may take you a while to dig out of debt, but with a little help from someone that knows the ropes, you can do it!  Remember, even though you want to pay back those debts, many times the sky-rocketing interest rates work against you.  Most of the good councilors know how to work the system to get these rates reduced, and sometimes even get the interest you've already accumulated reduced."}
{"text": " Why the hell is health care still tied to employment?  Does anyone really think that is a reasonable function of business?  All this does is make hiring human workers less attractive.    Guess what.  Thanks to automation and outsourcing business owners increasingly have the choice to do without the hassle of hiring people, especially poor, unskilled people these sorts of 19th century programs are designed to help.  My heart goes out to those these sorts of short-sighted programs hurt the most (the poor), but blaming businesses for the mess is misdirected in the extreme.  Maybe you think that business is evil, but in this case it is clearly and unquestionably the system created by the regulatory environment that has created the undesired outcome.  The thing to always remember and keep in mind is the fact that businesses first and formost provide goods and services at the highest quality and lowest cost possible. Making labor more expensive means that businesses will do everything possible to use as little of it as possible when creating their good/service.  If you want socialized health-care then fine, advocate for the government providing this service directly.  Attempting to get 'health-care for free' by mandating businesses pay for it is simply a wrong-headed way to go about it that guarantees less employment **and** less health-care for the poor."}
{"text": " Dude you're literally trying to insult me by saying I have a job I don't have, but I guess there's not much you can actually say about my dope ass life. Go back to asking Reddit about which bars in NYC you can go to to make friends you awkward neckbeard lmaoo, talk about pathetic."}
{"text": " First, a Roth is funded with post tax money. The Roth IRA deposit will not offset any tax obligation you might have.  The IRA is not an investment, it's an account with a specific set of tax rules that apply to it. If you don't have a brokerage account, I'd suggest you consider a broker that has an office nearby. Schwab, Fidelity, Vanguard are 3 that I happen to have relationships with.  Once the funds are deposited, you need to choose how to invest for the long term. The fact that I'd choose the lowest cost S&P ETF or mutual fund doesn't mean that's the ideal investment for you.  You need to continue to do research to find the exact investment that matches your risk profile. By way of example, up until a few years ago, my wife and I were nearly 100% invested in stocks,  mostly the S&P 500. When we retired, four years ago, I shifted a bit to be more conservative, closer to 80% stock 20% cash."}
{"text": " Also a good point. I think that happens, but given the amount of work available here (bay area) it would still be easier to find another job after layoffs. Also considering the increase in average CEO /executive age in the last 40 years, and the increasing retirement age -higher leveled inside promotions are becoming less frequent. But as to the original comment, years ago he did the cost benefit analysis and chose to stay - seems as valid for me to be doing the same (albeit different conclusion)."}
{"text": " \"The people who benefit are large engineering and construction companies, manufacturers of construction equipment, bankers and lawyers.  So in the world of realpolitik that we live in, the misery of millions of \"\"other people\"\" is spun as a net benefit, because \"\"we\"\" benefit from that misery.\""}
{"text": " Could it be done? Yes, it could, subject to local law. A variant of such an approach has been suggested for those countries experiencing collapse of demand. One might consider whether whether it applied to secured loans (such as mortgages), unsecured loans, or both; whether it would be capped at a certain absolute (say \u00a3100k) or proportional (first 50%) of each mortgage; whether it would cover first homes only, or all homes; and so on.  These details would radically change the feasibility and consequences of any such intervention. See the related question: https://economics.stackexchange.com/q/146/104 Such a policy of debt cancellation would have several consequences beyond initial stimulation of demand, that would need additional policies to deal with them. Inflation The resultant surge in demand would, in the absence of any other intervention, result in a massive surge in inflation. There are some interesting questions about whether this burst of inflation would be a one-off, or not. One could make an argument that as housing has become much more affordable (at least for home-owners), it would increase the downward pressure on wages, which would be in itself counter-inflationary in the medium-long term. Nevertheless, it would be injecting much more money into the economy than has been seen in QE to date, so the risks would be of extraordinarily high inflation, which might or might not get entrenched. In order to manage the short-term risk, and long-term inflation expectations, it might be necessary to incorporate a lot of tightening, either fiscal (higher taxes and/or lower public spending), or monetary: (higher interest rates, unwinding QE, new requirements for higher core capital for banks) Moral hazard There are risks of moral hazard for individuals: however, as a society, we were prepared to accept the moral hazard for financial institutions and their staff, so that may or may not be an issue: it is likely to be a question of long-term expectations. If the expectation is that this is at most a once-in-a-lifetime occurrence, then the consequential risk from moral hazard ought to be lower. Excess profits to lenders Lenders will typically work on the basis of a certain proportion of defaults, so paying off all loans effectively gives them an artificial boost to their profits. Worsening balance of payments There is to a degree a prisoners' dilemma facing nations here. Pressing the reset-button on personal debt across many of the countries experiencing demand-collapse would benefit all of them. However, if just one such country were to do it alone, they alone would increase domestic demand, resulting in a large increase in imports, but no significant increase in exports."}
{"text": " I filed all my tax returns when I was abroad so they know how much I   made (just not how much I saved). I smell problems here. If you were compliant wrt to your filings, you must have filed FBAR forms and form 8938. Even if you were below the threshold for form 8938, you will probably be above it when you move back to the US - the threshold for people living in the US is much lower. Do I still need to declare it, even though I might not intend to use   this money to help my kids through college? I believe so. Here's what they want: Nothing there suggests that it is only limited to the accounts in the US or to the money you intend to use to help your kids through college."}
{"text": " \"I'm sure this was just one of the first steps. Let's be honest, many times Finance guys aren't exactly the best speakers, and who is right out of college?   I'm certain there was a part of the interview that required him to use his \"\"unmatched technicals skills\"\" that came from an Intro course. Maybe this is where he shined.   Either that, or Goldman saw the opportunity to mold this motivated young man into whatever they needed.\""}
{"text": " This seems much more reasonable :) Just thought I might be catching someone talking without knowing. A lot of people like to brag about their  unverifiable success on here so I'm always on the lookout for any obvious bullshit in their claims."}
{"text": " The link provided by DumbCoder (below) is only relevant to UK resident investors and does not apply if you live in Malaysia.  I noticed that in a much older question you asked a similar question about taxes on US stocks, so I'll try and answer both situations here. The answer is almost the same for any country you decide to invest in.  As a foreign investor, the country from which you purchase stock cannot charge you tax on either income or capital gains. Taxation is based on residency, so even when you purchase foreign stock its the tax laws of Malaysia (as your country of residence) that matter. At the time of writing, Malaysia does not levy any capital gains tax and there is no income tax charged on dividends so you won't have to declare or pay any tax on your stocks regardless of where you buy them from. The only exception to this is Dividend Withholding Tax, which is a special tax taken by the government of the country you bought the stock from before it is paid to your account. You do not need to declare this tax as it his already been taken by the time you receive your dividend. The rate of DWT that will be withheld is unique to each country.  The UK does not have any withholding tax so you will always receive the full dividend on UK stocks.  The withholding tax rate for the US is 30%.  Other countries vary. For most countries that do charge a withholding tax, it is possible to have this reduced to 15% if there is a double taxation treaty in place between the two countries and all of the following are true: Note: Although the taxation rules of both countries are similar, I am a resident of Singapore not Malaysia so I can't speak from first hand experience, but current Malaysia tax rates are easy to find online. The rest of this information is common to any non-US/UK resident investor (as long as you're not a US person)."}
{"text": " I would first get rid of the student loan.  This will leave you with 11K.  I would then use this to fund your ROTH.  If you are married you can put up to 5K per year each.  For any money left over, I would open a regular (not tax advantaged) mutual fund.  You can contribute half the money you were paying toward your student loans, and the other half can go to your mortgage.  Also I would look at doing a refi on your house.  You might be able to move a 10 or 15 year at your current mortgage payment."}
{"text": " Productivity in industry has massively increased, self drilling screws aka modern fasteners, and modern materials.  CNC machines with one person making a complete product in one hit that took ten people ten operations on ten machines to do in the past. The modern technique of _'lean production'_ gets a poorly paid CNC operator to take a raw casting, machine it into a finished product in one CNC operation, wash and oil THEN box the part up next to the machine. Its a complete one person production line at $10 ph."}
{"text": " Because if there is enough uncertainty then dcf can give you wildly different numbers? The shortcomings of such a simplistic method of valuation should be obvious.   Also why does it matter that they don't run projections?"}
{"text": " Umm no.  2.14 B Shares outstanding...  First day had a peak to low of (41.68-38.27) of 3.41. Unless UBS got over 100M shares and roundtriped them 200m of volume. This number is not possible as FB had 580,587,742 of total volume.  It's highly unrealistic that UBS accounted for about 35% of volume in one day.  UBS would have to have longed a large holding in FB for some time to have lost this much."}
{"text": " You need to submit an updated return. The problem is that once three years have passed you can't update the return to get any kind of refund, but if they are going after you for the sale price of the stocks, not knowing the cost, your goal is to show them there was no gain, and in fact you'd have had the loss if you were aware of the account. This is less than ten years back, so the broker should be able to give you the statements pretty easily."}
{"text": " \"You cannot \"\"claim back\"\" VAT. What happens is that if you sell goods with VAT and charge customers VAT, you would have to send that VAT straight to HMRC, but if your business itself paid VAT, then you already paid VAT, so you have to send less.  As an example, if you send an invoice for \u00a310,000 plus \u00a32,000 VAT, and you paid yourself \u00a3500 VAT on business related expenses, then you need to send \u00a32,000 - \u00a3500 = \u00a31,500 to HMRC.  But if you don't send invoices including VAT, then you owe HMRC \u00a30. Any VAT you paid on business related expenses is lost; HMRC won't pay you money.  BTW. Only VAT on business related expenses can be deducted. So if you want to be \"\"smart\"\", register for VAT and get the VAT on your weekly shopping bill refunded, forget it.\""}
{"text": " The company provides the best digital, clothe and other online services. If you want to purchase, then you can visit our company website.The Progress factory or also called digital printing is a technology of the new generation such as digital printing and Power bank. We provide the different type of products offset printing is that digital is preferred in need of short runs.  Its high quality is as good as the fine offset and without problems can print your promotional materials quickly and snugly."}
{"text": " gross profits 2011 31 billion http://www.wikinvest.com/stock/Wal-Mart_(WMT)/Data/Gross_Profit/2011/Q1  Net income 16.99 income http://www.wikinvest.com/stock/Wal-Mart_(WMT)/Data/Net_Income/2011  The simple truth is that companies that post these sort of net profits are basically off loading the cost of their labor onto the taxpayer by paying a non-livable wage.  And we let them. Americans need to remember why they unionized a hundred years ago and grow some balls again. Corps are able to do shit like this only because we (the people) let them."}
{"text": " I assumed he meant drugs put in water on purpose. No one who is really thinking about the issue is concerned about antibiotic use in livestock because there might be trace amounts left in the meat they consume... they're concerned because widespread overuse will create antibiotic resistant bacteria."}
{"text": " You would need to ask the College. If they accept Wire Transfer, get the Bank details and ask your bank in Ethiopia to make the international transfer. If the college asks for a Bankers check or some other form, take these details and ask you Bank in Ethiopia to arrange for same."}
{"text": " Well, OS/2 is a pretty hard target for it by nature.  Most of that which are venues for spread in Windows and *NIX are actually not part of the operating system with OS/2.  It wasn't built for compatibility with existing standards, but as an all new standard in most regards.  Everything there for existing standards like TCP/IP,  is basically a plug-in that interacts with programs that would use it.  This makes it very hard for something external to actually affect the core system.  Even a lot of OS/2's out of the box functions are implemented in this manner."}
{"text": " Generally speaking, if a business loses money for whatever reason, then that reduces the profits of the business which reduces the tax payable. However if you were holding the assets on a personal basis prior to incorporating the business, the position may become more complicated. For that kind of money some professional advice may be worthwhile."}
{"text": " \"Not in the case of Steve Jobs!  He failed with Lisa, Macintosh, Newton, Next, almost brought Apple to bankruptcy, loss control of his company, and a terrible personality.  His \"\"success\"\" was the work of many gray people whom he took advantage of. Apple II was all Steve Wozniak idea and creation. Also the iPod and iPhone are other people ideas and creations.  Steve, was very good in marketing. Excellent in that area. That's it.\""}
{"text": " I've asked myself that question many times but this problem seems like by far the most likely reason I didn't get an offer. The behavioral interview went smoother than any interview I've ever done before and I really clicked with the interviewer. The other case in this round was pretty easy. I wrote out all my calculations, verbalized my thought process at all times, and the numbers i got in the first case worked out perfectly, with the interviewer basically confirming I had gotten it right.   In this case my interviewer's nonverbal cues were telling me I was doing it wrong throughout the entire second section, and like I said, he basically seemed to give up on letting me try to work it out with a good chunk of time still left in the allotted time. I'm also sure I was a serious candidate for the job as the company had spent a fairly large amount of money flying me out to their headquarters, putting me up in a hotel and paying for my meals. Competition was pretty fierce as far as their backgrounds vs mine but this case really seemed to have been the real cause of my undoing."}
{"text": " Go for 15 years loan - Lower interest rate over 2-5 years period. If you can afford to pay 20% down then please do. Do not assume the average ROI will +(8-10%). It all depends on market and has variable factors like city, area and demand."}
{"text": " I think a greater problem would be the protection of your property right.  China hasn't shown much respect for the property rights of its own citizens - moving people off subsistence farms in order to build high-rise apartments - so I'm not certain that a foreigner could expect much protection.  A first consideration in any asset purchase should always be consideration of the strength of local property law.  By all accounts, China fails."}
{"text": " yes and no its definitely not charitable as they are making money of off you but depending on the outside conditions if you had to pay a mortgage on that condo with only 35k in payments to start off it would more than likely exceed 500 dollars a month however there would always be a point were the mortgage would end and it dosent sound like thats going to be the case with you paying your parents so it depends on how long your going to have that condo and how much mortgage would have been."}
{"text": " \"It seems this will be very much driven by price discrimination.  If there are some customers who will pay up to $100, sell at that; and if there are others who'll pay $1 sell at that price. For instance you see computer games, which have zero marginal cost of production, sold at \"\"normal new release\"\" prices, at premium prices with a special box or doo-dad, and at discount prices once the game is a bit old.\""}
{"text": " \"Because they just to make an excuse for piracy. The current meme is that it's not cheapness that is causing them to pirate, it's a \"\"convenience\"\" thing. And it's not their fault that media uses a \"\"dead business model.\"\"  What they really mean is that they want a Netflix with everything, for 10 bucks MAYBE 12.   Just be honest. I pirate cause I'm cheap.\""}
{"text": " Generally value funds (particularly large value funds) will be the ones to pay dividends. You don't specifically need a High Dividend Yield fund in order to get a fund that pays dividends. Site likes vanguards can show you the dividends paid for mutual funds in the past to get an idea of what a fund would pay. Growth funds on the other hand don't generally pay dividends (or at least that's not their purpose). Instead, the company grows and become worth more. You earn money here because the company (or fund) you invested in is now worth more.  If you're saying you want a fund that pays dividends but is also a growth fund I'm sure there are some funds like that out there, you just have to look around"}
{"text": " Plenty of people not from here see them - it's a huge part of our tourist industry. Same as SeaWorld for San Diego. I think it's underestimating kids to say they only care when something is in a tank, you should see them light up on whale watching tours."}
{"text": " It's working for Blue Apron and the other meal kit delivery services. Amazon has the supply chain knowledge, and capital, to make it happen.   They have access to resources and technology that no one else has, including automation. If anyone can make it work, it's Amazon."}
{"text": " How much finance and software engineering you're looking to do? I had a pleasure to work with a guy who did support (high level) for internal equity trading platform at IB (much less pleasure to work with). He moved to algo trading at another IB some time ago. He told me he started with 0 finance knowledge but by the time he was leaving by my account he was magician in proficiency in both fields. Took only a year or so."}
{"text": " The reason people like Mint is because it allows you to see all of your financial details in one place. When you create an account, you\u2019re able to link all of your bank accounts, credit cards, and investment accounts. This linking enables Mint to update your transactions automatically. The catch is that you have to provide the username and password you use for each one, which can certainly make you feel jittery if you\u2019re worried about a security breach. Mint is designed to be a read-only service, which means you can\u2019t transfer money back and forth between accounts. If someone were to get their hands on your Mint login, all they\u2019d be able to do is view your balances and transactions. Your full account numbers aren\u2019t displayed, nor are your bank account or credit card usernames and passwords. The only thing that would be visible would be your email address. If a hacker was interested in taking things a step further, there\u2019s always the possibility that they could physically steal the information from Mint\u2019s secure servers \u2013 but that\u2019s really a long shot. That would require knowing where the servers are located, bypassing the physical security measures that are in place, and cracking the code on how the data is encrypted. If that were to happen, then your personal information might be at risk, but so far, there\u2019s no record of it being attempted. I was very skeptical of Mint and how secure it truly was. I did my fair share of research. Try looking at:"}
{"text": " \"No, it literally doesn't mean that. \"\"GMO\"\" is defined as being more specific. It's an imperfect acronym. That happens.   And no, I don't believe that there's any distinct issue with GMOs. I work in Organics, and I've lived in Berkeley. I've tried and tried to find a single legitimate reason to even be wary of GMOs, and it just isn't there. It's a technique (or a group of techniques). That's it.\""}
{"text": " Hah! I used to work at Ratzie's Pizza off of Route 1 and Knox. Is it still there do you know? I was only at U of M for 3 semesters. I lived in Easton Hall. I spent too much time going to raves in DC...hence, only staying at U of M for 3 semesters."}
{"text": " \"I'm not sure what is traditionally meant by \"\"Swiss-style monetary policy\"\" but lately it has meant the same thing as US monetary policy, or Japanese monetary policy, or Euro monetary policy: PRINT. Look how many Swiss Francs it takes to buy a currency that cannot be printed:  I'm not sure why they would be touting \"\"Swiss-style monetary policy\"\".   That hasn't been too stellar lately.\""}
{"text": " \"You're entirely correct.  It's one of those \"\"broken window\"\" fallacies.   Have you ever witnessed the anger of   the good shopkeeper, James B., when   his careless son happened to break a   square of glass? If you have been   present at such a scene, you will most   assuredly bear witness to the fact,   that every one of the spectators, were   there even thirty of them, by common   consent apparently, offered the   unfortunate owner this invariable   consolation - \"\"It is an ill wind that   blows nobody good. Everybody must   live, and what would become of the   glaziers if panes of glass were never   broken?\"\" Frederic Bastiat's 1850 essay, \"\"That which is seen and that which is not seen\"\" is still the best and most beautifully-written of such explanations.   As you point out, a gain for the construction companies is more than offset by the loss of life and financial expenditure of the insurance companies.  Plus, it is never possible to quantify the entirety of the loss in terms of opportunities foregone (\"\"that which is not seen\"\").  People who were about to do incredible things but now gone.  Property, of any nature, no longer of use to build on or perform service. Any replacement comes at the expense of other opportunities.\""}
{"text": " He's complaining about the post freezing a pension and requiring employees to waive their right to sue when terminated to receive severance. Freezing pensions is becoming standard because it's an outdated and expensive way to fund retirement. Requiring a waiver for severance is standard.   This guy comes off like a whiner that doesn't know the way the world works. There is probably a reason the post was in trouble before Bezos."}
{"text": " \"If you want the answer from the horse's mouth, go to the website of the ETF or mutual find, and the expense ratio will be listed there, both on the \"\"Important Information\"\" part of the front page, as well as in the .pdf file that you click on to download the Prospectus.  Oh wait, you don't want to go the fund's website at all, just to a query site where you type in something like VFINX. hit SEARCH, and out pops the expense ratio for the Vanguard S&P 500 Index Fund? Well, have you considered MorningStar?\""}
{"text": " Basically for Bitcoin it's value has gone up because people are starting to be more confident that it isn't going to tank overnight. More business are accepting it as payment so it's usefulness is going up. As you said, yes, there are limited amount of it but it has a very unique property: it can be split into very small pieces so the value of 1 BTC doesn't necessarily matter.  Facebook value isn't directly correlated with hope many users it has but those users do help it's value via ads."}
{"text": " Hello, I'm a bot. I see you have mentioned Trump's golfing problem.  The current Trump golf count is at . . . **50**. . .costing US taxpayers a total of **$71,735,000** . More data about his excessive spending at my [*Trump Golf Counter*](http://www.golfwithdonald.com). The exact locations and dates of his golf trips can be seen [*here*](http://trumpgolfcount.com/displayoutings)."}
{"text": " Almost every company carries massive debt. From a financial standpoint a company that has less than 70% of it's capital in debt is not utilizing it's growth potential.   There are a few companies that buck this trend but the vast majority of corporations carry absolutely massive debt at all time. Yes even the profitable ones. As long as they pay according to the plan all is well."}
{"text": " Best Buy places heavy emphasis on it's employees to sell Extended Warranty/Protection Plans. It is extremely annoying when they try to sell you a warranty on a $10 alarm clock - more so when the warranty cost more than the product. I avoid Best Buy as much as possible just because I don't wan't to hear the warranty pitch anymore."}
{"text": " Using any simulator will never be exactly the same as real trading.  One reason is that a simulator will always execute your trades at the exact price you want, but that may not always happen in real life. For example, if you place a limit order to buy 1000 shares of a stock at 10.50, and the price drops down to exactly 10.50, then the simulator will execute your trade and you will have 1000 shares at 10.50.  But in real life, the price of the stock may drop to 10.50, but other people may have buy orders ahead of you.  If the price of the stock drops to 10.50 but then starts going up again, you may not get all the shares that you wanted (or you may not even get any shares at all) due to the fact that people were ahead of you. In real trading there is also slippage, which you don't see in a simulator.  For example, if you have a stop order to sell 1000 shares of a stock if it drops to 7.50, then the simulator will sell all 1000 shares at 7.50 if the price drops to 7.50.  But in real trading, if the price drops to 7.50, then you may not be able to sell all 1000 shares at 7.50 if there's not enough liquidity or the market is moving very fast.  You may end up selling 100 shares at 7.50, 100 shares at 7.49, 100 shares at 7.48, 50 shares at 7.47, 50 shares at 7.46, 200 shares at 7.45, and 400 shares at 7.44. Another thing is that you don't experience the emotional aspect of trading with a simulator.  If you buy a stock in a simulator and it goes down, it's not real money, so you may be more willing to hold it and wait for it to come back up.  But if you are trading real money and the stock goes down, you may not be so willing to hold if it goes down.  You may be more apt to sell the stock for a small loss before the loss gets too big."}
{"text": " I like Wendy's food but the 3 restaurants in my town have horrible service. 8.63 times out of 10 when I go through the drive-thru they mess something up. The worst case was ordering 2 jr bacon cheeseburgers. They put everything but the hamburger patties on them."}
{"text": " \"This is the best tl;dr I could make, [original](http://money.cnn.com/2017/10/18/investing/rio-tinto-coal-mine-fraud/index.html) reduced by 83%. (I'm a bot) ***** &gt; Authorities in the U.S. and the U.K. have accused Rio Tinto.  &gt; The U.S. Securities and Exchange Commission claims that Rio Tinto realized the mine was worth significantly less within a year of purchasing it, but did not share that information with investors until 2013.  &gt; In its complaint filed Tuesday, the SEC accused Rio Tinto, Albanese and Elliott of trying &amp;quot;To conceal the rapid and dramatic decline in value&amp;quot; of the coal business.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/77ct0m/rio_tinto_accused_of_fraud_over_3_billion_coal/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ \"\"Version 1.65, ~231113 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*: **Tinto**^#1 **Rio**^#2 **mine**^#3 **company**^#4 **SEC**^#5\""}
{"text": " \"The enemy of my enemy is my enemy? If white supremacists oppose an agenda based on identity politics (which prioritizes diversity above all else), just as Trump does, does that not mean that they have a \"\"friend\"\" in Trump? Not to sound rude, but have you even tried thinking about the situation?\""}
{"text": " \"The best strategy for RSU's, specifically, is to sell them as they vest. Usually, vesting is not all in one day, but rather spread over a period of time, which assures that you won't sell in one extremely unfortunate day when the stock dipped. For regular investments, there are two strategies I personally would follow: Sell when you need. If you need to cash out - cash out. Rebalance - if you need to rebalance your portfolio (i.e.: not cash out, but reallocate investments or move investment from one company to another) - do it periodically on schedule. For example, every 13 months (in the US, where the long term cap. gains tax rates kick in after 1 year of holding) - rebalance. You wouldn't care about specific price drops on that day, because they also affect the new investments. Speculative strategies trying to \"\"sell high buy low\"\" usually bring to the opposite results: you end up selling low and buying high. But if you want to try and do that - you'll have to get way more technical than just \"\"dollar cost averaging\"\" or similar strategies. Most people don't have neither time nor the knowledge for that, and even those who do rarely can beat the market (and never can, in the long run).\""}
{"text": " The below assessment is for primary residences as opposed to income properties. The truth is that with the exception of a housing bubble, the value of a house might outpace inflation by one or two percent.  According to the US Census, the price of a new home per square foot only went up 4.42% between 1963 and 2008, where as inflation was 4.4%.  Since home sizes increased, the price of a new home overall outpaced inflation by 1% at 5.4% (source).  According to Case-Shiller, inflation adjusted prices increased a measly .4% from 1890-2004 (see graph here). On the other hand your down payment money and the interest towards owning that home might be in a mutual fund earning you north of eight percent.  If you don't put down enough of a down payment to avoid PMI, you'll be literally throwing away money to get yourself in a home that could also be making money. Upgrades to your home that increase its value - unless you have crazy do-it-yourself skills and get good deals on the materials - usually don't return 100% on an investment.  The best tend to be around 80%. On top of the fact that your money is going towards an asset that isn't giving you much of a return, a house has costs that a rental simply doesn't have (or rather, it does have them, but they are wrapped into your rent) - closing costs as a buyer, realtor fees and closing costs as a seller, maintenance costs, and constantly escalating property taxes are examples of things that renters deal with only in an indirect sense. NYT columnist David Leonhart says all this more eloquently than I ever could in: There's an interactive calculator at the NYT that helps you apply Leonhart's criteria to your own area. None of this is to say that home ownership is a bad decision for all people at all times.  I'm looking to buy myself, but I'm not buying as an investment.  For example, I would never think that it was OK to stop funding my retirement because my house will eventually fund it for me.  Instead I'm buying because home ownership brings other values than money that a rental apartment would never give me and a rental home would cost more than the same home purchase (given 10 years)."}
{"text": " Maybe his accountant not taking care of things meant that there was a miscommunication about his debts. He could've had outstanding loans, back taxes, etc and he didn't have a clear enough picture about what his cash balance would be after his transaction."}
{"text": " Let's break this into two parts, the future value of the initial deposit, and the future value of the payments: D(1 + i)n For the future value of the payments A((1+i)n-1) / i) Adding those two formulas together will give you the amount of money that should be in your account at the end.  Remember to make the appropriate adjustments to interest rate and the number of payments.  Divide the interest rate by the number of periods in a year (four for quarterly, twelve for monthly), and multiply the number of periods (p) by the same number.  Of course the monthly deposit amount will need to be in the same terms. See also: Annuity (finance theory) - Wikipedia"}
{"text": " \"Easier to avoid those items than french fries at most fast food places.  3 soft taco meal at taco bell is pretty damn healthy from a calorie/macro standpoint, and that isn't even part of their \"\"healthy\"\" menu. What is comparable at BK/Wendy's/McD's etc?\""}
{"text": " Brandon Brice earned a Bachelor's in Business Administration from Howard University, a Master\u2019s of Science in International Affairs from Rutgers University and is currently completing his Executive Master's in Public Administration from Columbia University. Brandon has interned on Capitol Hill in the Office of former United States House Speaker"}
{"text": " You don't see data because you're not looking. What did congress do right after WW2? They slashed spending. All the plants and factories making war time things were now able to make products that people wanted, and the economy took off and people's standard of living rose across the board.   You're not looking back far enough in the euro story. Greece is not the same economy or government as Germany, and that's part of the problem. Putting them into the same centralized economic system with the same interest rates was bound to fail because they are so different. When Greece joined the euro, they saw a massive boom in economic growth from the access to cheap financing costs. There was certainly no lack of demand then eh? What you're seeing is the result of years of supply side problems created by the european union in their quest to be a centralized global super power. The best thing for Greece to do in their current situation is to leave the shackles of the european union and take the drachma back. In the short run they would face a massive devaluation in the currency, and there would certainly be a few tough weeks or months, but the devaluation would incentivise all types of entrepreneurs and businessmen to build there and utilize cheap labor, there would be a flood of tourism and Greece would soon be on a path towards real productive growth. Their only other option is to face decades of austerity, and prolonged unemployment, where they are no longer working for themselves, and have become modern day serfs. We saw similar scenarios play out in both Iceland and Argentina, and Greece will only be the first of many  to drop the the euro.   www.econlib.org/library/Enc/SupplySideEconomics.html"}
{"text": " They're batched typically and about 30-90 days out typically, though the speed is routinely increasing the last few years. The flow depends from payment processor to payment processor. Generally, the cheaper the payment processing the longer the delay.  The future of this stuff is blockchain if you'd like to look at that  http://www.goldmansachs.com/our-thinking/pages/blockchain/"}
{"text": " \"You have figured out most of the answers for yourself and there is not much more that can be said. From a lender's viewpoint,  non-immigrant students applying for car loans are not very good risks because they are going to graduate in a short time (maybe less than the loan duration which is typically three years or more) and thus  may well be leaving the country before  the loan is fully paid off. In your case, the issue is exacerbated  by the fact that your OPT status is due to expire in about one year's time. So the issue is not whether you are a citizen, but whether the lender can be reasonably sure that you will be gainfully employed and able to make the loan  payments until the loan is fully paid off. Yes, lenders care about work history and credt scores but they also care (perhaps even care more) about the prospects for steady employment and ability to make the payments until the loan is paid off.  Yes, you plan on  applying for a H1-B visa but that is still in the future and whether the visa status will be adjusted is still a matter with uncertain outcome. Also, these are not matters that can be explained easily in an on-line application, or in a paper application submitted by mail to a distant bank whose name you obtained from some list of \"\"lenders who have a reliable track record of extending  auto loans to non-permanent residents.\"\" For this reason, I  suggested in a comment that you consider applying at a credit union,  especially if there is an Employees' Credit Union for those  working for your employer. If you go this route, go talk to a loan officer in person rather than trying to do this on the phone. Similarly, a local bank,and especially one where you currently have an account (hopefully in good standing), is more likely to be willing to work with you.  Failing all this, there is always the auto dealer's own loan offers of financing.  Finally, one possibility that you might  want to consider is whether a one-year lease might work for you instead of an outright purchase, and you can buy a car after your visa issue has been settled.\""}
{"text": " \"Anthony Russell - I agree with JohnFx. Petroleum is used in making many things such as asphalt, road oil, plastic, jet fuel, etc. It's also used in some forms of electricity generation, and some electric cars use gasoline as a backup form of energy, petrol is also used in electricity generation outside of cars. Source can be found here. But to answer your question of why shares of electric car companies are not always negatively related to one another deals with supply and demand. If investors feel positively about petroleum and petroleum related prospects, then they are going to buy or attempt to buy shares of \"\"X\"\" petrol company. This will cause the price of \"\"X\"\", petrol company to rise, ceteris paribus. Just because the price of petroleum is high doesn't mean investors are going to buy shares of an electric car company. Petrol prices could be high, but numerous electric car companies could be doing poorly, now, with that being said you could argue that sales of electric cars may go up when petrol prices are high, but there are numerous factors that come into play here. I think it would be a good idea to do some more research if you are planning on investing. Also, remember, after a company goes public they no longer set the price of the shares of their stock. The price of company \"\"X\"\" shares are determined by supply and demand, which is inherently determined by investors attitudes and expectations, ultimately defined by past company performance, expectations of future performance, earnings, etc.. It could be that when the market is doing well - it's a good sign of other macroeconomic variables (employment, GDP, incomes, etc) and all these factors power how often individuals travel, vacation, etc. It also has to deal with the economy of the country producing the oil, when you have OPEC countries selling petrol to the U.S. it is likely much cheaper per barrel than domestic produced and refined petrol because of the labor laws, etc. So a strong economy may be somewhat correlated with oil prices and a strong market, but it's not necessarily the case that strong oil prices drive the economy..I think this is a great research topic that cannot be answered in one post.. Check this article here. From here you can track down what research the Fed of Cleveland has done concerning this. My advice to you is to not believe everything your peers tell you, but to research everything your peers tell you. With just a few clicks you can figure out the legitimacy of many things to at least some degree.\""}
{"text": " everyone parrots this as the great libertarian dream or something, but in reality all it would do was ramp up industrial espionage on a scale never seen before. Plenty of good, progressive business is done on the back of intellectual property legislation."}
{"text": " Using Fundamental and Technical Analysis together is actually a good idea for longer term trading of up to 6 months or longer.  The whole idea behind trading with Technical Analysis is to increase the probabilities of a trade going in the desired direction by using uncorrelated indicators that produce the same signal to buy or sell at the same time. For example, you might use a Moving Average (MA) as a buy signal when the price falls for a few days, hits the MA and then reverses and starts moving back up. If however, you also include a Stochastic Oscillator (SO) to indicate when the stock is oversold (under 20%), and if the price rebounds from the MA average at the same time as the Stochastic is crossing over in the oversold position, then this may be a higher probability trade. If you also only trade stocks that are Fundamentally healthy (as fundamentally good stocks are more likely to go up than fundamentally bad stocks) then this might increase the probabilities again. Then if you only buy when the market as a whole is moving up, then this will increase your chances again. A few weeks ago at a seminar, the presenter totalled the men in the room to be 76 and the women in the room to be 8. He then asked what will most likely be the next person to walk in the room - a man or a woman? The statistics are on the side of a wan walking in next. This is what we try to do with Technical Analysis, increase our chances when we take a trade. Of course a woman could be the next person to walk in the room, just like any trade can go against you, and this is why we use money management and risk management and take a small loss when a trade does go against you. Lets look at an example where you could incorporate FA with TA to increase your chances of profits:  Above is a candlestick chart of Select Harvest (SHV), the green line above the price is the perceived value, the pink line is the 40 day MA, the blue line is the EPS, and the white lines is the Stochastic Oscillator (above 80% being overbought and below 20% is oversold). From Feb 2015 to start of Aug 2015 the stock was uptrending, since then the price reversed and started to downtrend. The stock was determined to be fundamentally good early in 2015 with the perceived value gradually increasing and greater than the share price, and the EPS starting to increase regularly from mid April. Thus, as the stock is seen as fundamentally healthy any price reversal in the vicinity of the MA could be seen as a buy opportunity. In fact there where 2 such opportunities on 31st March and 11th June where price had reversed and rebounded off the MA whist the SO crossed over in or near the oversold area. The price did reverse and then rebounded off the MA again on 9th July, however the SO was not in or near the oversold area on this occasion, so not as high in probability terms. The price still rebounded and went up again, however another momentum indicator (not shown here) shows some bearish divergence in this case - so another reason to possibly keep away at this point in time. A good signal to get out of the trade, that is your stop loss has not already taken you out, is when the price breaks and closes below the MA line. This occurred on 7th August. So if we had bought on the first signal on 31st March for $7.41 and sold when the priced broke through the MA on 7th August for $11.76, we would have made a profit of approx. 59% in just over 4 months. If bought on the second signal on 11th June for $9.98 and again sold on 7th August for $11.76, we would have made about 18% in under 2 months. So the fundamentals, the Price (in relation to MA) and the SO where all lining up to provide two high probability trades. Of course you would need to incorporate you risk management (including stops) in case the price did not continue upwards after you bought. If the market is also moving up on the day of the signal this will further increase your chances.  Unless you day trade, which I would avoid, a good way to enter your trades after a signal is to enter a stop buy order after market close to buy if the price moves above the high of the signal day. That way if the market and the stock open and move lower during the day after the signal you avoid entering the trade altogether. This can be incorporated as part of your risk management and trading rules. After the price broke down through the MA we can see that a downtrend commenced which is still current today (in fact I just took a short trade on this stock yesterday). We can also see that the perceived value, whilst still above the price, has reached a peak and is currently moving downwards and the EPS after being flat for a few months has just moved down for the first time in 10 months. So maybe the fundamentals are starting to waver a bit on this stock. It may be a good stock to continue shorting into the future. So basically you can continue using Fundamental Analysis to select which stocks to buy, place them in a watch-list, and then use Technical Analysis to determine when these stocks are starting to uptrend and use a combination of uncorrelated indicators to produce higher probability signals for when to enter your trades."}
{"text": " You'd invest through NASDAQ OTC market--I use Vanguard and it allows me to invest through there; I'm sure other online brokers have it too. If you search the companies you'll see the listing on the Hong Kong Stock Exchange and the NASDAQ OTC. The prices will be different--just because it goes up in HK doesn't mean it goes up in NASDAQ. There are also a few listed in the US--SINA, Weibo Corp., JD.com.  From there, start looking at the major Chinese tech companies to see what they're worth."}
{"text": " does your sister agree to sell her share of the house?  Will you live in the house or rent it out?  In Australia if you rent out the house you can claim on expenses such as interest deductions, advertising cost, advertising to get tenants in, maintenance cost, water & sewerage supply charge, Land tax, stamp duty, council rates.  A percentage of these expenses can be used to reduce your gross income and therefore reduces your tax liability (called negative gearing).  Not sure how other countries handle investment properties. If you plan to live in the house and not rent it out and you have spare cash to buy outright then do so.  You don't want to be in debt to the bank"}
{"text": " I think we have to divide it up into the elements that are 'real' and those that are 'abstractions'. Certainly, it will take a long time for a turbine to 'recoup' the embodied energy of its manufacture, transport, installation, maintenance. After that, tho, it's paying its way. 'Free' energy. Property values are made up, and - while important - I don't think it's fair to include them.   As far as $-per-watt hour goes, renewables can't/don't/won't compete with fossil fuels. Digging up millions of years of compressed sunshine has served us well. Looking at the bigger picture, however, renewables start to make sense, and are the only way forward. Any models that require maintenance of 20th century levels of consumption are unrealistic.  The future will be slower, more expensive, and less convenient."}
{"text": " Really? You don't understand how sometimes doing something that makes you feel good actually harms you in the long run? Like eating or drinking too much, or taking commission on HFT while HFT undermines the utility and value of your product for the majority of the market?"}
{"text": " \"The company itself doesn't benefit. In most cases, it's an expense as the match that many offer is going to cost the company some percent of salary.  As Mike said, it's part of the benefit package. Vacation, medical, dental, cafeteria plans (i.e. both flexible spending and dependent care accounts, not food), stock options, employee stock purchase plans, defined contribution or defined benefit pension, and the 401(k) or 403(b) for teachers. Each and all of these are what one should look at when looking at \"\"total compensation\"\". You allude to the lack of choices in the 401(k) compared to other accounts. Noted. And that lack of choice should be part of your decision process as to how you choose to invest for retirement. If the fess/selection is bad enough, you need to be vocal about it and request a change. Bad choices + no match, and maybe the account should be avoided, else just deposit to the match.  Note - Keith thanks for catching and fixing one typo, I just caught another.\""}
{"text": " \"I was there for unrelated-to-Walmart work this time last year. The entire region's commerce seems *very* predicated upon Walmart's success. Imagine if Walmart fell how much of that local economy would vanish.    Tyson and JB Hunt can only do so much without the retail giant throwing reams of money their way. The University can only support so much. I hate to imagine what they region looks like in 40-50 years if Walmart's well dries up.    ---  \"\"Oh, you're moving to NW Arkansas? Big business there. Beautiful drive up from Fort Smith too. What takes you there?\"\"   *\"\"Walmart!\"\"*    ...why else move there? It's all hinging on Walmart's continued success. I can't imagine the land value holding if Walmart contracts. *Maybe* you could sell some football-weekend houses to well-off Razorback fans if you're in Rogers or south, but there's been a lot of growth there without many more independent industries in case of collapse.\""}
{"text": " \"Isn't calling something unilaterally \"\"fake news\"\" basically the opposite side of that same coin?  It's a \"\"joke\"\" when you don't want people to take *you* at face value.  It's \"\"fake news\"\" when you don't want people to take *information* at face value.  Both are convenient ways to dismiss criticism and responsibility.\""}
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