"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."


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.


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.


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.


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.]


"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]"


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


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.


If you want one of the best Strip Club Tampa from Clearwater to Sarasota and Lakeland, Emperors Tampa gives the entire Tampa Bay area the hottest experience. We are proud of our gorgeous topless women who display nothing but class and beauty, both on and off the stage. Their impressive dance routines are choreographed to get viewers’ blood pumping.


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


"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."


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.


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.


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.


"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."


>[**Топ лучших и проверенных сайтов криптовалюты! Самые жирные краны биткоинов, догов, лайткоинов 2017 [2:52]**](http://youtu.be/S1V292qDMQ8)  >>Всем Привет!!! В этом видео,вы узнаете,о полном списке проверенных кранов биткоина, догоикоинов и лайткоинов, а так же много о криптовалюте и не только! Если Остались вопросы, пишите в группу,ссылка ниже!  > [*^Финансовый ^Вектор*](https://www.youtube.com/channel/UCAOABF2yT1SjVqI7RK9aIUg) ^in ^People ^& ^Blogs  >*^3 ^views ^since ^Sep ^2017*  [^bot ^info](/r/youtubefactsbot/wiki/index)


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.


"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."


"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.)"


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.


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.


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&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CB8QFjAA&url=http%3A%2F%2Ffortune.com%2F2012%2F04%2F13%2Fburger-king-is-too-big-to-fix%2F&ei=hsj6U8D9MI7noATZkYLYBA&usg=AFQjCNG1accTGUmKkrd2puXwOwh2wC742w&sig2=z7oJ7iLyTacDwO7wjMlN0g&bvm=bv.73612305,d.cGU) describes what they did:  >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’s 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:  >... 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.


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.  >Is this a safe plan?  Yes.  >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.


"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!!"


"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."


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.


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.


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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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 “necessities” 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.


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.


">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.   >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.    >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.   >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."


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.


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.


"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;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"


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 & older people tend to spend less & western economies are consumer driven.  Meanwhile, as happened in Japan, people don't want to pay more tax or lose entitlements & 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


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.


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.


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.


Here is a list of threads in other subreddits about the same content:   * [Intro to Game Theory: The Prisoner’s 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’s 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!


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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.


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.


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).


"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."


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?


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.


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.


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 >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..


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.


"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."


"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"


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.


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.


"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."


"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."


It's not a full credit course but part time comic James Cunningham has speaking tour that promotes personal finance in high schools.


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.


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


Here at taap.it we support local businesses and efforts that they partake in every day existence. Our motto to “live local” 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!


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.


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.


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.


Edit: This is paywalled so I pasted it here.  LONDON—The synthetic CDO, a villain of the global financial crisis, is back.  A decade ago, investors’ 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—and 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—up 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’t 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 “atomic bomb” in the movie “The Big Short,” 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—or even other CDOs—are 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 “bad press,” says Renaud Champion, head of credit strategies at Paris-based hedge fund La Française Investment Solutions. But “that market has never ceased to fully function,” 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—as they did in the last crisis. From the DepthsThe amount outstanding of European collateralized debt obligations has been growing again after years of shrinking.  “We don’t see that demand from our clients and we wouldn’t recommend it,” said Markus Stadlmann, chief investment officer at Lloyds Private Banking, citing concerns over the products’ 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.  “There has been an uptick in interest in any kind of yield-enhancement structure,” said Kokou Agbo-Bloua, a managing director in Société Générale SA’s investment bank.  The fastest growth this year has come in credit—the 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.  “The low-yield environment hurts,” said Lionel Pernias, a credit-fund manager at AXA Investment Managers. “So there are a lot of asset owners looking at structured credit.”  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—or “equity”—tranche 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 “great,” 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’s 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—such as Icelandic banks or monoline insurers—would 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 & Co. and Société Générale.  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.  “There is a lot more regulation and scrutiny and a lot less leverage,” 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.  “The cost of leverage in the derivatives space is very low,” 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.  “If you’re the person responsible for buying the synthetic CDO that suddenly goes wrong, your career risk is bigger than if you’d bought a plain vanilla bond that goes wrong. It has a bad name,” said Ulf Erlandsson, a portfolio manager at start-up hedge fund Glacier Impact, who until recently oversaw credit for one of Sweden’s public pension funds.


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?


"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 … to create better pedestrian flow.""  This is all hype nothingness imo."


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.


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.


**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&message=Excludeme&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


"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."


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.


"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."


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.


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.


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.


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 ÷ 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.


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.


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’s marketers talk about consumer eating habits, cooking- and buying behavior. They also research what consumers think of their products, brands and advertising.


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.


"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) ***** > 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.  > 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.  > 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"


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?


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.


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.


"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."""


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.


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.


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.


"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."


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.


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


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.


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.


"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."


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.


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.


"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."


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 ...


"> 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?"


"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?"


What you say is definitely true, but sadly it’s also true for literally every corporate job.  Generally, you don’t 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?


>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 “only slightly more likely” 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?


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.


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.


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.


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 :-)


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?


"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."


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.


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.


"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."


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.


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.


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...


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.


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!


(/u/what_comes_after_q & /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)  > 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.  > 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.  > 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—within days, if possible. Creeping changes, uncertainty, and anxiety that last for months are debilitating and immediately start to drain value from an acquisition.  > 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.


>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.


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.


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


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.


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/


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.


"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."


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.


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).


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.


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.


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.


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 > 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.


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.


"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."


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.


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.