"That would have been right after he started.  He started immediately before the 9/11 attack.  The stock pretty consistently lost value for years as GE Capital disintegrated.  The 2007/8 economic dip hit GE's money business like a city bus as they owned a bunch of consumer debt (some of the shittiest debt around).  Lately, Jeff hasn't been able to sneeze without the stock price dipping.  Their ""digital"" push is more a punchline than a real business movement.  The company needs some direction.  Buy or sell the right parts.  Quit focusing on quarterly cost cutting as a means to meet unrealistic goals.  Etc.  The company needs new leadership, if only for the optics to the market."


The key to understanding a mortgage is to look at an amortization schedule.  Put in 100k, 4.5% interest, 30 years, 360 monthly payments and look at the results.  You should get roughly 507 monthly P&I payment.  Amortization is only the loan portion, escrow for taxes and insurance and additional payments for PMI are extra. You'll get a list of all the payments to match the numbers you enter.  These won't exactly match what you really get in a mortgage, but they're close enough to demonstrate the way amortization works, and to plan a budget.  For those terms, with equal monthly payments, you'll start paying 74% interest from the first payment.  Each payment thereafter, that percentage drops. The way this is all calculated is through the time value of money equations.  https://en.wikipedia.org/wiki/Time_value_of_money.  Read slowly, understand how the equations work, then look at the formula for Repeating Payment and Present Value.  That is used to find the monthly payment.   You can validate that the formula works by using their answer and making a spreadsheet that has these columns:  Previous balance, payment, interest, new balance.  Each line represents a month.  Calculate interest as previous balance * APR/12.  Calculate new balance as previous balance minus payment plus interest. Work through all this for a 1 year loan and you will understand a lot better.


"As others have pointed out, leveraged investing is investing borrowed money. To do so, you need to convince a lender that you're good for the loan. This usually means you need to have collateral worth what you're trying to borrow, or you need to pay a higher rate to account for the fact that they're gambling that you will remain employed and pay off the loan. Leveraged investing is, in general, a risky move for exactly this reason. You can lose not just your original investment, but everything you borrowed as well. The only time it really makes sense, in my admittedly conservative opinion, is when you (a) can afford to suffer that loss, (b) are pretty confident of your investment, and (c) have assets which you have no intention to sell for the duration of the loan. An ""unneeded"" mortgage on a house is a classic example, thusly: When I purchased my house, I had enough savings that I could have bought it without taking a mortgage. Instead, I took out a mortgage for a large part of that, and left the remainder in my investment accounts -- essentially building the leveraging loan into the mortgage. I then got obscenely ""lucky"" when interest rates fell through the floor due to the Great Recession, and was able to refinance the mortgage to near record low rates. As a result, on that loan -- which, as I say, I'm in the position of being able to pay off at any time without killing my finances -- I'm currently paying about 3.5%, while the cash this has let me leave in my investments is earning several times that... a net win. But again, note that this required collateral. Essentially, all I'm doing is paying a bit to to borrow my own money (part of the value of the house). There really is no easy way to ""convert 25k to 250k"" -- if there was, everyone would be doing it.  There's no magic in investment. Just time and compounding returns and trading off risk against potential gain. The more you try to push it and win big, the more you risk losing big. I really recommend not attempting anything fancy until you're wealthy enough that you can afford those losses. But if you insist on playing in this space, the answer to your question is to buy options. Options are a packaged form of borrowing to invest. Note that they're still considered high-risk unless you know EXACTLY what you're doing, and again I strongly recommend you not put money into them unless you can afford to lose it -- options have a nasty habit of turning from apparent gains on paper to losses remarkably quickly."


Singapore does well because?  Zurich does well because?  London is already a much larger and more versatile financial centre than anywhere you have cited (bar New York) or the above.  Not all financial services require passporting and, as I mentioned,'it remains to be seen whether some arrangement can be reached that allows firms UK firms similar passport privileges within the EU that they currently enjoy. Finance is very different from trade and the City is far less vulnerable to this political divorce than British importers and exporters.   Never mind that London is a much greater cultural hub than any would be pretenders. I work in finance, no one I know has the slightest inclination to move to Frankfurt.  It'll take a generation for any city to build up the institutional knowledge, infrastructure and talent pool that exists in Greater London.


Yes,  if you choose to live within the benefits provided by a system *and* choose to illegally not pay for your part, then yes expect armed men to show up at your door - and rightfully so.  Try joining a family you don't know at a restaurant, start helping yourself to their food and see what happens...


Another form of 'shareholder' activism. You might be able to buy a single share, which it seems would cost around $35, attend the AGM, and ask questions and/or shout or sing and delay proceedings. There would certainly be security guards or police ready to remove protesters at an AGM.


On the off chance that your indebted person is unwilling to pay and you know they have the methods, it's a great opportunity to utilize your neighborhood sheriff. You have three alternatives to gather: a bank exact, wage garnishment, or a land lien.  It sounds like you'll have to contact your nearby police/sheriff's specialty and they can additionally enable you to out and get you your cash.


When I read Lukacko's comment, I assumed he was referring to the managers of the (failed) big banks as being unproductive, nowhere did I see him claim the poor were at fault.  Obviously, one of us is misreading his comment. I suspect it's you.  You see, the managers of the big banks failed. The Government responded by throwing money at them. They are *still* failures. They are *still* losing money (see: JPMorgan). Throwing money at them didn't solve a damn thing, did it? It only made the problem worse.


I am a realtor and work for Rausch Coleman and can answer this question for you. We are a production builder. We build in communities with typically 5-9 Floorplan options per community and a select set of option and finishes that we offer. Because of the set options, we buy the materials in bulk and are able to receive cost savings on that from our suppliers which we can pass on to you. We use the same trades consistently through out our division which means they have our plans and process down to a science. They know the product, which means less likely to make mistakes and less likely to miss things. Our heart is affordability in that we understand that not everyone can afford granite, gas, hardwood floors, etc. so we allow you to be able to customize your monthly payment, and that you are not financing something you may not want or need or to allow you to get in to a home you may not be able to afford otherwise. We work a lot with the first time buyer and we want to provide the best quality for the best value. We start our homes at a base model and allow you to customize the way you want (adding granite, gas, hardwoods, fireplace, etc.) and in doing that we allow you to choose whether you want to pay $90 or $101 per square foot or whatever that may be. I can tell you in Northwest Arkansas we are the best value and the quality shows. I pull comps consistently and in fact have another builder in the same community as I sell in. Our homes in this community for single stories is about $88-$95 and two story homes are on average $78-$86.  Two stories are more cost efficient in that the square footage goes up and not out so there is less concrete, which is one of the most expensive parts of the homebuilding process. This other builder consistently sells their homes for $101-$105 per square foot, and uses the exact same materials we do. The difference? Yes granite and hardwoods and gas and custom cabinets come standard, you have no choice in that. Would you rather have the option for a lower priced home if you didn't want granite? Or if you'd rather have carpet? We build in 5 different markets over 4 states and are in our 61st year of business. I'd love to meet with you and can walk you through a community and show you our homes (at all stages of construction) where you can see the product and quality in our homes. I am in our Dixieland Crossing community here in Northwest Arkansas. You can check out our website for other information at www.rauschcoleman.com


Th corruption was when they created it then wHen they maintained and managed it ever since. It was a scam from the start and by allowing it to continue served the corrupt incestuous elements of governmental activities. There are so many other such activities in municipal corruption administration.


> 5-10 years  Dude, 5-10 years is nothing. For people who make a living in the trucking industry that means that in as little as 5 years they may need to have have reinvented their careers. If you're a career truck driver without any other education you could be screwed before you know it.


There is some advantage to putting your house downpayment in the Roth to get tax-free growth. However this advantage is offset by the risk of the investment losing value in the short period before you take advantage of it. You might go this route if the timeline is greater than 5 years and you use a conservative investment vehicle.


Who the fuck cares what most voters think? Most Americans also were unable to do the simple math to tell you whether you would have more or less purchasing power in a scenario where annual interest on your savings account was 1% but inflation was 2%.  There's a reason we don't allow the average citizen to have a voice in regards to the economy and that is it. The profound level of ignorance from the average person regarding even the most simplistic elements of finance is appalling and disgusting.


"[JAPS Surrender](http://www.amren.com/ar/2009/05/15a-japs-surrender.jpg), also not an accurate headline since not all Japanese did surrender and there were some holdouts in remote locations for decades after the war.  No headline can be accurate under strict enough criteria and there are limitations on headline space because it quickly turns into a paragraph to get everything right (it's head**line** not headparagraph with citations). Also headlines, so far as I know, are used to grab attention and the facts are in the story (which qualifies the headline). That's the way it's always been. And ""Stuff About CEO Pay"" doesn't have anywhere close to the same appeal."


I thought they did that a long time ago - are they just refreshing the rule or something?  Meanwhile, the way the law is written, seems like an advertiser could pick a program that has some overly loud parts at the beginning and middle, thereby having a louder average volume overall, so the commercial can be louder.


Mathwise, I absolutely agree with the other answers.  No contest, you should keep getting the match.  But, just for completeness, I'll give a contrarian opinion that is generally not very popular, but does have some merit.   If you can focus on just one main financial goal at a time, and throw every extra dollar you have at that one focus (i.e., getting out of debt, in your case), you will make better progress than if you're trying to do too many things at once.  Also, there something incredibly freeing about being out of debt that has other beneficial impacts on your life. So, if you can bring a lot of focus to the credit card debt and get it paid off quickly, it may be worth deferring the 401(k) investing long enough to do that, even though it doesn't make as much mathematical sense.  (This is essentially what Dave Ramsey teaches, BTW.)


The biggest concern is how you get $250,000 in unsecured credit. It's unlikely that you will be loaned that amount at a percentage lower than what you expect to earn. Unsecured credit lines are rarely lower than 10% and usually approach 20%. On top of that, for a bank to approve you for that credit line, you have to have a high credit score and an income to support the payments on that credit line. But lets suspend disbelief and assume that you can get the money you want on loan. You would then be expected to pay back that 10%, but investments don't go up uniformly. Some years they go up 15-20% and other years they go down 10%. What do you do if you have to sell some of your investments in a down year? That money is no longer invested, and you can't recover it with the following up year because you had to take too much out to cover the loan payments. You'll be out of money long before the loan is repaid because you can expect there will be bad years in the stock market that will eat away at your investment. There were a lot of people who took their money out of the market after the crash of 2008. If they had left their money in through 2009, they would have made all that money back, but if you have a loan to pay you have to pull money out in the bad years as well as the good years. Unless you have a lucky streak of all good years, you're doomed.


Some of the information on the HUD-1 form would have been useful to complete the income tax paperwork the next spring. It would have had numbers for Taxes, and interest that were addressed at the settlement. It is possible it is mixed in with the next years tax information. If I needed a HUD-1 form from 15 years ago, I wouldn't ask the real estate agent, I would ask the settlement company. They might have a copy of the paperwork. They might have to retrieve it from an archive, so it could take time, and they could charge a fee. The local government probably doesn't have a copy of the HUD-1, but they do have paperwork documenting the sale price when the transaction took place. I know that the jurisdictions in my area have on-line the tax appraisal information going back a number of years. They also list all the purchases because of the change in ownership, and many also list any name changes.  You probably don't want a screen capture of the transactions page, but the tax office might have what you need. This is the same information that the title search company was retrieving for their report. Question. Is there going to be capital gains? For a single person there is no gains unless the increase in price is $250,000. For a couple it is $500,000. I am ignoring any time requirements because you mentioned the purchase was 15 years ago. I am also assuming that it was never a rental property, because that would require a lot more paperwork.


It will not be a problem; people regularly move larger sums. It will be reported to law authorities as large enough to be potentially of interest, but since you can explain it that's fine.


"This is the best tl;dr I could make, [original](https://www.theguardian.com/commentisfree/2017/sep/04/britain-addicted-debt-crash-2007-sub-prime-mortgages-personal-credit) reduced by 93%. (I'm a bot) ***** > This is, of course, what determined the depth of the last crash, the wheeze of the collateralised debt obligation, which left no one able to distinguish between a good debt and a bad one.  > Alex Brazier, executive director of financial stability at the Bank of England, warned last month that consumer loans had gone up by 10% in the past year, with average household debt having already eclipsed 2008 levels.  > Student loan debt is counted separately from consumer loans, and stands at &pound;13bn a year.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6y43cq/we_are_addicted_to_debt_and_headed_for_a_crash_it/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~204396 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **debt**^#1 **know**^#2 **year**^#3 **much**^#4 **loan**^#5"


>With so many establishments saying facebook was built on hype and was going to burn a lot of investors, I actually thought it might go up.  Why would you think that?  If you're new to investing, why would you bet against the people who make their entire livelihood analyzing the stock market?


MicroGrid® precision expanded metal foils from Dexmet are the materials of choice for lightning strike protection in composite aircraft structures. MicroGrid’s biggest advantage is Dexmet’s ability to tightly control the manufacturing process to meet a specific weight, open area, and conductivity requirement. For more information email us at sales@dexmet.com or call us at 800-714-8736/(203) 294-4440 and Fax at (203) 294-7899. Visit our website www.dexmet.com.


"Understandable from an ""artistic"" perspective, but arguing that an outdated analogue medium provides superior sound is just not true. I think people forget how much better CDs were than vinyl at the time in both sound quality and convenience."


Rosewood Green offers buyers an affordable choice of registered land with a wide range of houses and land packages on offer from the area’s leading builders. Your new home will be close to the beautiful Rosewood golf course, local schools and train, and an easy commute to the city and RAAF base. All the benefits of country living close to the city.


They are wrong. Agreed. The problem I have is that sooner or later you get in so much debt no one will lend money to you anymore. At that point austerity is forced on you. The increased spending comes from domestic and foreign investors. We all know how fickle the financial markets can be. If our debt gets too high and they cut off the tap, we are fucked. I don't think we are anywhere near that point now. However, things can change dramatically in the course of a few months. Political tensions, global uncertainty and social unrest could all cause enough of a panic that people start questioning the safety of U.S. treasuries. We could also see the day where everyone collectively demands the U.S. stop ripping them off with negative bond yields. Like I said, I see no indication of that now, but who knows how long it will take?  I know this is a bit of a tangent, but it is clear. My solution: borrow money to improve the economy while you can but make sure that your dollars count to fixing the economy. Otherwise, you are going to be stuck with a stagnant economy  AND at a serious risk of bankruptcy when the financial markets no longer see you as a wise investment. You can't save yourself from falling off of two cliffs at the same time so our politicians should stop dicking around and start looking for real solutions with the money they are borrowing instead of pissing it away on useless shit.


I'll extend an olive branch here and concede that we have a lot more luxuries which is why we have more to work and pay for. But my point is we could have more or less the same amount of stuff by working 3 days a week.   I've heard that millenials are less materialistic than previous generations, so it will be interesting to see the effects of that.   Also, we need to take into account that AI likely will replace a large amount of jobs in the future as well. Maybe it will be even more plausible for most people to only work 3 days a week on average.


1. Government grants patent rights to Mylan for Epipen. 2. Epipen goes off patent. 3. Government puts onerous restrictions on generic alternatives, rejects several company's formulations because plastic autoinjecting syringe isn't foolproof enough for morons to use. 4. Mylan raises prices given government granted monopoly. 5. Government shocked that government caused problem is a problem, recommends more government.  How about no.  Abolish the FDAs ability to approve generics and get government out of the way.  These drugs have already been scrutinized, they don't need to be again.  Even better, abolish the FDA altogether and let the market work properly.


Did you buy near the bottom? Suppose you did then the price is still 16% below. 50% fall and then 40% increase leaves a 16% gap. So there could still be upside. However, it appears that you are talking about a small-cap that is volatile. I wouldn't hold it. I would take the money and invest elsewhere. If you have a lot of shares and brokerage is less then sell 60% now and the remaining 40% on either 10-15% jump in price or if it falls by 5% from now. Too risky to hold longer-term.


Yes I feel like a lot of people are intimidated of going to a local sports bar so BWW is a safe choice. If you notice most of the people there seem to skew younger. Once they get older, they go to local pubs. BWW is an intro bar / restaurant.


"This is the best tl;dr I could make, [original](http://www.afr.com/business/banking-and-finance/financial-services/maurice-blackburn-weighs-cba-class-action-20170823-gy235k) reduced by 84%. (I'm a bot) ***** > Law firm Maurice Blackburn and ASX-listed litigation funder IMF Bentham are preparing to launch a class action against Commonwealth Bank of Australia alleging failures to disclose to the stockmarket AUSTRAC&#039;s investigation of its anti money laundering shortcomings.  > Disclosure should have been as early as August 17, 2015, the class action will argue - the date CBA released its annual report and a retail booklet for a $5 billion rights issue.  > CBA has around 800,000 retail shareholders but under class action law, only those who purchased shares and held some of them during the period of alleged non-disclosure will be able to participate in the action.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6vikty/maurice_blackburn_weighs_cba_class_action/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~196808 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **CBA**^#1 **action**^#2 **class**^#3 **AUSTRAC**^#4 **case**^#5"


Aside from the averages mentioned by Jahlapenoez, it may also be useful to group depositors into different categories based on account size and transaction history (# of deposits, # of withdrawals, size of each, etc.) then track how those numbers change on whatever time periods you need to capture. Analysts can use that to see what's going on with outliers as well and assign profitability metrics for the different groupings.  It really helps to have the data structured in a way that allows analysts to ask these questions and retrieve them easily. So the data discovery process will be helped or hindered a lot by the maturity of the bank's data warehouse as well as the tools used for data analysis.


"There was a time when government policy was actually pretty damn smart. There were a range of ""automatic stabilizers"" that kicked in when there was a recession and they had a fast and large impact.  It wasn't until Reagan that we started to chip away at those as well as go into a perpetual debt stimulus posture. These two actions helped to prime the system for an inevitable ""large"" shock.  Even now, after one of the longest expansions in history we're STILL running a substantial deficit. And as such the appetite to expand it when the next recession hits will be diminished (as it was during the great recession when we really needed 3 trillion in stimulus spending and got less than 1)."


The thing you get wrong is that you think the LLC doesn't pay taxes on gains when it sells assets.  It does. In fact, in many countries LLC are considered separate entities for tax properties and you have double taxation - the LLC pays its own taxes, and then when you withdraw the money from the LLC to your own account (i.e.: take dividends) - you pay income tax on the withdrawal again. Corporate entities usually do not have preferential tax treatment for investments. In the US, LLC is a pass-though entity (unless explicitly chosen to be taxed as a corporation, and then the above scenario happens). Pass-through entities (LLCs and partnerships) don't pay taxes, but instead report the gains to the owners, which then pay taxes as if the transaction was their personal one. So if you're in the US - investing under LLC would have no effect whatsoever on your taxes, or adverse effect if you chose to treat it as a corporation. In any case, investing in stocks is not a deductible expense, and as such doesn't reduce profits.


Yes, nothing is impossible! :) You can buy it directly from the factory of manufacturer, but then you will have to pay for sea shipping of this car. E.g. you can buy it directly from Japanese Toyota but then you will have to pay to sea cargo ship to deliver your car in container from Japan. Since this car is already your property, before importing to US, I doubt that you would need to pay any custom fees. In the end, the total payment might be a lot cheaper that you can buy there, but you need to be prepared to all this hassle


In my opinion, I would: If the income is from this year, you can tax shelter $59,000 plus somewhere between $50,000 and $300,000 depending on age, in a 401(k) and defined benefit plan. This will take care of the current tax burden. Afterwards, set aside your remaining tax liability in cash. The after-tax money should be split into cash and the rest into assets. The split depends on your level of risk tolerance. Build a core portfolio using highly liquid and non-correlated ETFs (think SPY, TLT, QQQ, ect.). Once these core positions are locked in. Start lowering your basis by systematically selling a 1 standard deviation call in the ETF per 100 units of underlying. This will reduce your upside, extend your breakeven, and often yield steady income. Similarly, you can sell 1 standard deviation iron condors should the VIX be high enough. Point is, you have the money to deploy a professional-type, systematic strategy that is non-correlated, and income generating.


The main point of the article from my perspective was that Uber should have fought the laws, rather than blatantly ignore them and operate illegally... and it's too late for them to do that.  That's why the author mentioned how the Uber CEO initial attack on Lyft was a claim that *they* were operating illegally.  Although I think the author is wrong for claiming all the 'tech' was coming to the taxi industry anyway (yeah, right).. I think the primary conclusion is that Uber's competitive advantage was mainly operating illegally.


The lottoplayingtowin give a chance for the big jackpot in the lottery system. Lotto is the original in-state Draw Game that creates millionaires. The jackpot prize starts at $1 million and grows until someone hits all six numbers. The game also offers three additional ways to win cash. If you want to tip, how to win lotto, then you can visit our company website. There are some useful tips and tricks on How to play the lottery to win in a perfect manner.


Internet and Game Zone provides computer services in Morrinsville town of Waikato. Our services include Photostat, printing, scanning, gaming, windows installation, virus removal, antivirus installation and much more. Visit our website to know more about us and the services provided by us.


Ponder this. Suppose that a reputable company or government were to come out and say hey, we are going to issue some 10 year bonds at 6.4%. Anyone interested in buying some? Assume that the company or government is financially solid and there is zero chance that they will go bankrupt. Think those bonds would sell? Would you be interested in buying such a bond? Well, I would wager that these bonds would sell like hotcakes, despite the fact that the long term stock market return beats it by a half percent. Heck, vanguard's junk bond fund is hot right now. It only yields 4.9% and those are junk bonds, not rock solid companies (see vanguard high yield corporate bond fund) Every time you make an extra principal payment on your student loan, you are effectively purchasing a investment with a rock solid, guaranteed 6.4% return for 10 years (or whatever time you have left on the loan if make no extra payments). On top of that, paying off a loan early builds your credit reputation, improves your monthly cash flow once the loan is paid, may increase your purchasing power for a house or car, and if nothing else, it frees you from being a slave to that debt payment every month.  Edit Improved wording based on Ross's comment


Transparency. If I need materials to build a house or food from a restaurant, I can get up front pricing easily. With healthcare, you have to jump through flaming hoops to get an idea of what you're going to pay. Also, healthcare costs are very negotiable and consumers don't realize this. There aren't a lot of B2C businesses that accept bargaining and negotiation as a part of doing business, unlike B2B so the consumer assumes that the quoted price is the final price. You can always negotiate things with your healthcare (for example I negotiated my dental bill before agreeing the to service).


I've been looking for a Zildjian documentary that I saw on the TV a couple years ago. Can't seem to find it. It had a bunch of drummer greats playing and talked about the history and production.  I would love if someone could source it for me.  Edit: I think it's a Sabian doc for bravo Canada.


"> Hopefully it helps the many dissatisfied Trump voters.  No such thing! No ""dissatisfied Trump voters"".  So these good news have nothing to do with Trump?  Ok, so far, I and the stock market are showing great confidence in the future under Trump.  Let's wait for future news... good news?  **Are you claiming that under Trump, the economy will suffer?**  If so, why? How?"


You should ask your bank about currency exchange. Some banks provide that as a service, others will refer you to bigger banks. As for keeping the converted USD in your bank account, that will also depend on your bank - smaller banks probably can't, while big banks probably can.  Bottom line, you should ask your bank about it.


Depending on your bank you may receive an ACH discount for doing automatic withdrawals from a deposit account at that bank. Now, this depends on your bank and you need to do independent research on that topic. As far as dictating what your extra money goes towards each month (early payments, principal payments, interest payments) you need to discuss that with your bank. I'm sure it's not too difficult to find. In my experience most banks, so long as you didn't sign a contract on your mortgage where you're penalized for sending additional money, will apply extra money toward early payments, and not principal. I would suggest calling them. I know for my student loans I have to send a detailed list of my loans and in what order I want my extra payments toward each, otherwise it will be considered an early payment, or it will be spread evenly among them all.


Only from those would lose money from this competition. I could see any meat company like foster famers lobbying against it.  Only if it's cheaper will most of the public turn to it I think sadly. I'm 100% for it though.


"Since I can't vote up the answer yet, I will agree with it here. I find the best tactic when you call is to tell them you have an offer in hand and will use it if they don't match the rate exactly or discount it enough to save you the trouble of going through the process of a balance transfer. So if they balk and say ""No,"" then walk and go (to the in hand offer). Just remember, the worst they can say is ""No.""  If you don't even bother to ask, it's as if you did and they said ""No,"" as either scenario leaves you with the same result: an unchanged interest rate."


The store near me really sucks. I'll admit I haven't been to many other Best Buys in a few years as it's not really the area of retail real estate I've been involved in, but the two in my area are always a disaster. I've had Dynex cables fail three times on me when they're basically plugged in once and and never moved, and the stores near me never have any cheap phone cables in stock, only 2/20 and it's the exorbitantly expensive 3rd party ones that nobody wants. It's not a slight against you but all of the major big box retailers are like this. Walmart, Target, Best Buy, Fry's Electronics (great deals but the worst customer service) etc


"Well, maybe its only something that ""Nobel laureates"" are allowed to do, amiright?   I mean even if the ""Nobel"" isn't *really* a Nobel; and then as if the Nobel really mattered at all anyway (as far as somehow ""anointing"" someone as being infallible as some ""Pope"" of a given field)."


The collectible value of coins will probably increase with the underlying metal value. I'd collect coins for that reason and because I enjoy collecting them. I wouldn't recommend buying bags of rolled nickels or anything though.


You're gonna be disappointed when you realize how much influence the president has - especially a president who has party majorities in congress.  Sure, his most extreme bills have stalled, but most of his worst cabinet appointments are working away to make the extremist agenda a reality. Just wait til he picks a new Fed chair...


You should not look at volume in isolation but look at it together with other indicators and/or the release of news (good or bad). When there is lower than average volume this could be an indication that the stock is in a bit of a holding pattern, possibly waiting for some company or economic news to come out (especially when accompanied by small changes in price). It could also mean that trading in a certain direction is drying up and the trend is about to end (this could be accompanied with a large move in price). When there is higher than average volume (2 to 3 times more or higher), this could be due to the release of company results, company or economic news, or the start or end of a trend (especially if accompanied by a gap). A large increase in volume accompanied by a large fall in price (usually a gap down) may also be an indication the stock has gone ex-dividend. There could be a range of reasons for variations in volume to the average volume. That is why you need to look at other indicators, company reporting and news, and economic news in combination with the volume changes to get a grasp of what is really happening.


Your logic is not wrong.  But the risk is more significant than you seem to assume.  Essentially you are proposing taking a 2.6% loan to buy stocks. Is that a good strategy?  On average, probably.  But if your stocks crash you might have significant liabilities. In 1929, the Dow Jones dropped 89%.  In 1989, >30%.  In 2008-9, 54%.  This is a huge risk if this is money that you owe in taxes.  If you operate the same system year after year the chance of it going horribly wrong increases.


A solution to this is the person charges their car at work. It's not a solution for every person that you described. Another option is for the person to charge their vehicle while shopping for groceries using the fast charge station. I imagine most city dwellers or folks living in the inner suburbs have short commutes, 5-10 miles (a guess), that's a max of 200 miles for the work week; easily covered by the Tesla and Bolt.


The issue with trading stocks vs. mutual funds (or ETFs) is all about risk. You trade Microsoft you now have a Stock Risk in your portfolio. It drops 5% you are down 5%. Instead if you want to buy Tech and you buy QQQ if MSFT fell 5% the QQQs would not be as impacted to the downside. So if you want to trade a mutual fund, but you want to be able to put in stop sell orders trade ETFs instead.   Considering mutual funds it is better to say Invest vs. Trade.  Since all fund families have different rules and once you sell (if you sell it early) you will pay a fee and will not be able to invest in that same fund for x number of days (30, 60...)


think of all the stuff the average 10 yr old would buy! Advertisers would love to flood their impressionable little minds with messages!  But srysly.... it sounds fucking pointless. It's just so FB can inflate their memebership numbers. Gotta push for that 1 billion....


"I don't follow the numbers in your example, but the fundamental question you're asking is, ""If I can borrow money for a low cost, and if I think I can invest it and receive returns greater than that cost, should I do it?"" It doesn't matter where that money comes from, a mortgage that's bigger than it needs to be, a credit card teaser rate, or a margin line from your stock broker. The answer is ""maybe"" - depending on the certainty you have about the returns you'd receive on your investments and your tolerance for risk. Only you can answer that question for yourself. If you make less than your mortgage rates on the investments, you'll wish you hadn't! As an aside, I don't know anything about Belgian tax law, but in US tax law, your deductions can be limited to the actual value of the home. Your law may be similar and thus increase the effective mortgage interest rate."


Absolutely agree. The more I read on this, the angrier I get. The sale of the shares, the delay in disclosure, the unbelievable abandonment of responsibility from a company that holds the keys to the castle for hundreds of millions of people. It stinks of bullshit. They need to feel the full weight of the law.


You seem to be the ignorant one here. JPM has huge silver losses from many decades ago they've never had to cover. They also held down the price of silver for quite a while until their prop desk closed. They did the governments work of maintaining the legitimacy of the dollar. JPM is intertwined with the Federal government probably more so than any other bank/investment bank.        Not mentioning the involvement of JPM and the government would be an argument from ignorance.


No. If you didn't specify LIFO on account or sell by specifying the shares you wish sold, then the brokers method applies.  From Publication 551 Identifying stock or bonds sold.   If you can adequately identify the   shares of stock or the bonds you sold, their basis is the cost or   other basis of the particular shares of stock or bonds. If you buy and   sell securities at various times in varying quantities and you cannot   adequately identify the shares you sell, the basis of the securities   you sell is the basis of the securities you acquired first. For more   information about identifying securities you sell, see Stocks and   Bonds under Basis of Investment Property in chapter 4 of Pub. 550. The trick is to identify the stock lot prior to sale.


"Pay someone a fee to borrow their private Uber shares, then sell those private shares to someone else, then find someone else you can buy their private shares from for less than the net of the proceeds you made selling the borrowed shares you sold plus the fees you've paid to the first person and return your newly purchased shares back to the person you initially borrowed the shares from. On a serious note, Uber is private; there is no liquid public market for the shares so there is no mechanism to short the company.  The valuations you see might not even be legitimate because the company's financials are not public.  You could try to short a proxy for Uber but to my knowledge there is no public ""rideshare""/taxi service business similar enough to Uber to be a reasonably legitimate proxy."


I understand the frustration, American politics is pretty utterly fucked isn't it?  > Anyway, I think we should be doing our best to incentivize corporate formation by lowering corporate taxes to zero and moving the incidence of taxation directly to capital.  That's interesting, and I've heard it before. Is something [like this writer](http://www.theatlantic.com/business/archive/2010/10/why-we-should-eliminate-the-corporate-income-tax/65351/) outlines what you are thinking? Essentially remove corporate taxes, and then tax dividends and capital gains as normal income?


>His support seems to have a floor of around 30%, unfortunately; so, nearly 1/3 of the population (which is still way too high).   His support is not 30% of the population. He got 19% of the US populations vote, and his [disapproval numbers have only gone up while approval has gone down.](http://www.gallup.com/poll/201617/gallup-daily-trump-job-approval.aspx) With that in mind, the argument that he has more support now than on election day has very little merit, while the argument that he has less support than election day is pretty well supported.   Trump likely has the support of about 15% of the population.


Yes, I really don't disagree with anything that you're arguing regarding social mobility. In general, the lack of social safety net in the US and UK don't enable social mobility.  I would also point out that rich kids tend to inherit and so tend to stay in the class with which they were born to. For instance, I know a lawyer whose son is a stereotypical fuck up. Sure, he'll have six figure income all his life due to inheriting dad's money, but he'll never earn anything on his own. Is that success? I don't think so.  I would also assert that the point is more salient in the middle class. Just because my parents are middle class doesn't mean that I would be middle class. There's quite a few ways that I could have veered off and ended up quite poor. I know a consultant who was solidly middle class who's son flips burgers for a living. Said son is a bloody smart person from what I heard, but never got his shit together.  So yes, I agree that decreasing social mobility is a problem. I'd also argue that success is only predicate on luck.


I would use neither method.  Taking a short example first, with just three compounding periods, with interest rate 10%.  The start value y0 is 1. So after three years the value is 1.331, the same as y0 (1 + 0.1)^3. Depreciating (like inflation) by 10% (to demonstrate) gets us back to y0 = 1 Appreciating and depreciating by 10% cancels out: Appreciating by 10% interest and depreciating by 3% inflation: This is the same as y0 (1 + 0.1)^3 (1 + 0.03)^-3 = 1.21805 So for 50 years the result is y0 (1 + 0.1)^50 (1 + 0.03)^-50 = 26.7777 Note You can of course use subtraction but the not using the inflation figure directly.  E.g. (edit: This appears to be the Fisher equation.) 2nd Note Further to comments, here is a chart to illustrate how much the relative performance improves when inflation is accounted for.  The first fund's return is 6% and the second fund's return varies from 3% to 6%.  Inflation is 3%.


"Open standards need to be put in place by the open source community (including business interests), codified into a self-hosted option as a first class citizen *by law*, with a final sugar coated offering of hosted options managed by private enterprise. They can use the open source model as much or as little as they want.  With the Equifax scandal, we have little option but to include a ""nerd friendly"" secure version of this software that's available on the government's dime. And by government I mean ""we the people"", not ""big government""."


The Canadian government position is that 35 states and nine million American jobs depend on trade with Canada.    Wikipedia's position is that a little over 7 million jobs in the US are dependent on trade with Canada, and that all 50 states have jobs that are dependent on trade with Canada. That's from a 2007 report.


A Section 1256 contract is any: Non-equity options include debt options, commodity futures options, currency options, and broad-based stock index options. A broad-based stock index is based upon the value of a group of diversified stocks or securities (such as the Standard and Poor's 500 index). 60% of the capital gain or loss from Section 1256 Contracts is deemed to be long-term capital gain or loss and 40% is deemed to be short-term capital gain or loss. What this means is a more favorable tax treatment of 60% of your gains. http://www.tradelogsoftware.com/tax-topics/futures/ It's a really wierd rule (arbitraty 60% designation, so broad, etc), but section 1256 contracts get preferential tax treatment and that's what Buffett's talking about.


"The statement is (in laymans terms - if not in real terms) correct. Most credit cards (I know this to be true for VISA and Mastercard) have dispute processes and will do a chargeback on the merchant - ie take the money back from the supplier in cases where you don't receive the goods or other fraud - Particularly if they can't produce a signature and (for transactions which are not face-to-face) a tracking number. Your exact rights will vary by bank, but mostly they need to follow the guidelines set by the Credit Card company - and you do need to be a bit careful - if you received goods which were fake or a dispute arises you may be up for shipping the goods back to the merchant - and you have a limited - but reasonable time - in which to make the dispute. (The statement ""the money is the banks"" is not technically true, there is no money involved until you pay it, only credit [ they are very different, but almost no-one knows that, I communicated with a Minister of Finance on the topic], but this is quite technical and as a layman not something you need to worry about here)"


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I work in corporate finance at a large bank. Here's my opinion.  I'd say learn SQL, Tableau, and OBIEE first in that order.   I do know Java but have never personally used it at work. I know some people that do and Java is usually the language of choice for banks. It's really good to know but it's rare that a company would expect an accounting or finance person to use it.  But almost every team in corporate finance will use at least one of the other three. Most finance / accounting people don't take the time to learn these. So most teams have one or two hot shots that do most of the work.  Also, you can learn those three easily over the summer if not sooner. They aren't very difficult. Java is more complicated so maybe take your time learning that after the other ones.


Hang on, hang on... I am willing to bet there are a lot of farmers that do it for the money, and a lot that do it because they want to provide a better product (e.g. free range pigs) along with the money.  My point was they're not mutually exclusive. Same goes for pharma. And frankly I've contracted in the industry. I've seen heads of R&D get tipsy and come to tears thinking of the kids they've seen with fibrosis in poor countries. I never said they're a charity - they're not - however, I've seen them do amazingly charitable things when instead they could've just given back to shareholders.


If you deposit an amount greater than S$50,000, it's only insured up to S$50,000. In the event that the bank fails or is declared insolvent, the SDIC will pay deposit holders their total balance in all accounts with that bank, up to S$50,000 in aggregate per depositor per Scheme member by law. In other words SDIC will only pay S$25000.00 and not S$50000.00, even though your deposit with that bank is insured up to S$50000.00 Please clarify this point as most banks are unaware of this aspect of the payout.


Please do not focus solely on income tax, and ignore all of the other taxes that businesses need to pay.  Payroll taxes for example.  If I make $15/hr, I cost my employer more than this in reality.


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It's one of those things where it was meant, economically, for the first purpose (opportunity cost) but has been used by big corporations for the later since you have to have international divisions to really even make it work (to some degree it does on the state level; however, the tax breaks aren't really big enough for it to make sense since the Federal is the big one).   It's also a huge reason why big corps have such low effective domestic tax rates on big profits and why the government is debating about restructuring tax law to prevent most forms of FTP'ing (you'd pay taxes on Gross Income essentially. It gets MUCH more complicated than that but France effectively does this now).  Also, it's very much an accounting thing, and accountants tend not to have a big seat at the table. Hence, the reasoning behind stuff often get lost on upper mgmt (or they fire the accountant, etc.). That's a BIG part of why it often makes things worse even when when the principal makes sense economically...


"VIV.PA - is Vivendi listed on a stock exchange in Paris VIVEF - is Vivendi listed on the OTC Other Exchange. VIVHY - is Listed on the OTC:Pink Sheets.  A company can be listed on multiple exchanges, they are known as a dual-listed company. It's a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Pretty much all DLCs are cross-border, and have tax advantages for the corporations and their stockholders. When a DLC is created, in essence two companies are created and have two separate bodies of shareholders, but they agree to share all the risks and rewards of the ownership of all their operating businesses in a fixed proportion, laid out in a contract called an ""equalization agreement"". The shares of a DLC parents have claim to the exact same underlying cash flows. So in theory the stock prices of these companies should move exactly the same. However in practice there can be differences between these prices. More info on OTC exchanges can be found here - keep in mind this info is from the company that runs these listings. Over the counter stocks are held to a FAR lesser regulation standard. I would recommend doing further interdependent research before pursuing any action."


Many people dream of having a home based business. A home based business gives you the freedom to be your own boss and set your own hours. However, most people have no idea what kind of business to start to make real money from home. Here are some home business ideas.


Whether or not you have money in your account will not necessarily stop them withdrawing the money, and it certainly won't stop them attempting to withdraw the money. There are two possible scenarios when they attempt to withdraw the money (as they surely will): I think you are just lucky they haven't attempted the withdrawal yet. Put the necessary money into your account now if you possibly can, and consider this a slightly expensive lesson learned about following the Ts and Cs when cancelling services.


My point is that conflicts aren't the reason why Accenture split from AA. More money was to be had with a separate Accenture, thus the original split, thus the lawsuits, thus the IPO. This was mirrored by every other BigX except Deloitte (who almost spun off consulting in 2003 as Braxton but stopped it at the last minute due to a crappy market).  Accenture has a completely different structure than the big4. Public companies don't pay as much in salary and bonus. For example, an MD at Accenture makes 250k, a Partner at Big4 makes 600k. Do the math.   Also salaries are much higher at Big4 than Accenture (check out glassdoor). We do a lot of recruiting and Managers at Accenture typically come into big4 as Seniors at a higher salary.  In the general category of consulting Accenture competes, but there are tranches. Accenture is definitely below big4 in bill rates, salaries and prestige (as big4 is below Bain/BCG/McKinsey).


">  Firstly, comparing debt to GDP is comparing a stock to a flow, you're committing a transgression that is warned about in Econ 101.  Perhaps you should learn a bit more.  He's talking bonds not stocks ... and even with stocks you've got a dividend discount model for establishing fair value (sum of discounted dividend flows = fair value of the company), etc..  With regard to the size of debt, you need to consider 3 things:  current interest expense (as a % of both GDP and Income (taxe revenue)), refinance cost ( change in interest expense if total debt is refinanced at current rates), and the first derivative of interest expense w.r.t. current yields.  This helps one understand the probability of a ""death spiral"" such as what was experienced in Greece (et. al.) where it was *impossible* to make debt payments at refinance rates.  The fact is that with US interest expenses on the debt of  $450B/year this is 13.5% of all government revenue.  If you factor in the interest expenses with even slightly higher yields ... one sees that you can quickly get a debt crisis.  If Trump gives as large a tax cut as he has promised, it has a much higher prospect of a debt death spiral.  Do the math."


I faced something similar for travel or work reasons, and as for me I preferred wire transfer over credit card withdrawals because my bank has huge fees. My thoughts so far are: the fee can vary a lot for credit card. As for me, I can expect 5% fees on foreign withdrawals. But I considered changing bank and I think a Gold (or premium) card might be a good idea as well. The idea is you pay a big subscription (100 euros or so) but have no fee. The total of withdrawal fees could easily (if you stay long abroad) reach this amount. There are also banks like HSBC that offer low fees on withdrawals abroad, you can ask them. The problem is that you cannot really withdraw huge amounts to lower the fee (since you carry this cash in the street). for wire transfers the total fee is usually $50 or more (I had a fee from distant bank, a fee for change and a fee in my home bank). But the amount is unlimited (or high enough to be of little matter) and I needed to do this once per year or so. So I guess it could be interesting if you have enough savings to only transfer money every couple of months or so. I think Western Union is also involved this profitable business. I never used it because the fees are pretty high, but maybe it is useful for not too big amounts frequently transfered. Actually, have you considered a loan? It's a very random idea but maybe you can use a loan as a swap and then transfer money when you have enough to reimburse it all. But the question is very interesting, I think the business is pretty huge due to globalization. It is expensive because some people can make a lot of money out of it.


It's not.  I'm saying in a public context, your consensus mechanism is either proof of work or proof of stake, and both require a blockchain native currency.  In a private context, you know who all the nodes are, so you don't have to worry about Sybil attacks, and can use traditional consensus algorithms that rely on no more than a third of nodes collaborating on criminal fraud.


The bank is expected to issue you a check for the balance of your account, make sure your name and address on file is correct as that is who they will make the check to and send it. Have the credit union also contact Chase, or get a statement from the credit union, about their customer. If the check does bounce back to the credit union and the account was under his name, then you will have to deal with the state and his estate and you will have to find a different solution for the bills.


"> I answered all of those questions with specifics.   No you did not answer, and no ""specifics"" from you.  So again:  > Please spoil it for me and tell me how removing illegal aliens does not help the economy.  > Please tell me how NAFTA helped the USA economy.  > Please tell me how TPP will help the USA economy.  > **Please tell me why the stock market is going up, if Trump is ruining the economy.**"


"The Dow Jones Industrial Average (DJIA) is a Price-weighted index.  That means that the index is calculated by adding up the prices of the constituent stocks and dividing by a constant, the ""Dow divisor"".  (The value of the Dow divisor is adjusted from time to time to maintain continuity when there are splits or changes in the roster.)  This has the curious effect of giving a member of the index influence proportional to its share price.  That is, if a stock costing $100 per share goes up by 1%, that will change the index by 10 times as much as if a stock costing $10 per share goes up by the same 1%. Now look at the price of Google.  It's currently trading at just a whisker under $700 per share.  Most of the other stocks in the index trade somewhere between $30 and $150, so if Google were included in the index it would contribute between 5 and 20 times the weight of any other stock in the index.  That means that relatively small blips in Google's price would completely dominate the index on any given day.  Until June of 2014, Apple was in the same boat, with its stock trading at about $700 per share.  At that time, Apple split its stock 7:1, and after that its stock price was a little under $100 per share.  So, post-split Apple might be a candidate to be included in the Dow the next time they change up the components of the index.  Since the Dow is fixed at 30 stocks, and since they try to keep a balance between different sectors, this probably wouldn't happen until they drop another technology company from the lineup for some reason.  (Correction: Apple is in the DJIA and has been for a little over a year now.  Mea culpa.) The Dow's price-weighting is unusual as stock indices go.  Most indices are weighted by market capitalization.  That means the influence of a single company is proportional to its total value.  This causes large companies like Apple to have a lot of influence on those indices, but since market capitalization isn't as arbitrary as stock price, most people see that as ok.  Also, notice that I said ""company"" and not ""stock"".  When a company has multiple classes of share (as Google does), market-cap-weighted indices include all of the share classes, while the Dow has no provision for such situations, which is another, albeit less important, reason why Google isn't in the Dow.  (Keep this in mind the next time someone offers you a bar bet on how many stocks are in the S&P 500.  The answer is (currently) 505!) Finally, you might be wondering why the Dow uses such an odd weighting in its calculations.  The answer is that the Dow averages go back to 1896, when Charles Dow used to calculate the averages by hand.  If your only tools are a pencil and paper, then a price-weighted index with only 30 stocks in it is a lot easier to calculate than a market-cap-weighted index with hundreds of constituents. About the Dow Jones Averages. Dow constituents and prices Apple's stock price chart. The split in 2014 is marked.  (Note that prices before the split are retroactively adjusted to show a continuous curve.)"


"From article:  > Notable in the last example is the point that the choice isn’t so much between competent doctors and incompetent doctors. As in other industries where licensure doesn’t exist, the choice might be between high priced, extremely competent services, and lower priced, still competent services.  I think many poor people would prefer going to a ""second rate"" but still competent physician with a cheaper price rather than going broke with an expensive one. Let's leave that choice up to them rather than forcing our opinion down their throats."


1% seems to be an equally shaming understatement:  Approximately 39.6% of men and women will be diagnosed with cancer at some point during their lifetimes (based on 2010-2012 data).  https://www.cancer.gov/about-cancer/understanding/statistics  Of course not all poor people get cancer, but when close to 40% of the total population does, I think it is safe to say allot more than 1 % of the poor do get cancer and many other things that cannot be planned for.


You may have a few options if the company continues to ignore your communication.  Even if none of these works out, the debt should still probably be paid out by the estate of your friend.


This is actually good news.  Hospitality/Tourism is a weird industry, where specialized & local knowledge can become very valuable.  Sure, it's easy to just go be a waiter for a few months and then bail.  It's also possible to learn how to be a full-time restaurant manager, cook/chef, catering manager, etc.  There are lots of nooks and crannies, and since every city needs different things then the value of people with local market knowledge is higher than in other, more homogeneous industries.  Source: I work in Hospitality.


I visited annualcreditreport.com to get my annual credit report.  It is only the report, not the score or FICO score.  This is the only outlet I know of that allows you to get your report for free, without a bunch of strings attached or crap to sign up for and cancel later. It was very easy.  I was wary of putting in my private information, but how else can they possibly pull you up? Read the instructions carefully.  You go to each bureau to fetch your report, and they dutifully give you a free report, but they push hard to try and sell you a score or a report service.  It is easy to avoid these if you read carefully. Once you get a report,  you have print it out or you can't see it again for another year.  Each bureau has a different site, with different rules, and different identity checks to get in.  Again, read the instructions and it isn't hard. Instead of printing, I just saved the page as HTML.  You get one html file and a folder with all the images and other stuff.  This suits me but you might like to print. After you get each report, you have to click a link to back to the annualcreditreport.com site.  From there you go to the next bureau. Regarding a score.  Everybody does it differently.  Free Issac does FICO, but anybody who pulls your credit can generate a score however they like, so getting a score isn't anywhere near as important as making sure your report is accurate. You can use credit.com to simulate a score from one of the bureaus (I can't easily see which one at the moment).  It is as easy as annualcreditreport.com and I have no issue getting a simulated score and report card.


Their problem is that the overwhelming majority of their stock is owned by pension funds, hedge funds and other funds who have no interest in long term financing. They are only interested in quarterly profits.   Once a company goes public, the only way to get it out of the stock market zoo is for a single investor to acquire over 50% of the stock. The companies that you mentioned are way too big for that to happen.


I like the other answers.  But, here's one thing that concerns me that hasn't specifically been addressed yet: You mentioned your student loans are at low rates of interest.  Are those rates fixed or variable?  If those interest rates are variable, I would not count on rates remaining low indefinitely.  If you could imagine those rates going up by say 2% or 4% or more over time, would such rates make you change your mind about the debt and the pace at which you're paying it off? I would suggest that as the economy recovers over the next couple of years, the spectre of inflation will force the Fed to raise interest rates.  You don't want to be holding variable-rate debt when rates are rising.  For that reason, if your loan rate is variable, I would increase your payment amount so you can eliminate your debt sooner than later. Also – You mention in one of your comments that buying a home is 4+ years away.  That's not a long time, so I wouldn't commit the bulk of your savings to investing in the stock market, which can be temperamental over short periods of time.  You don't want to be in a large loss position just when it's time to buy your first home. However, it may be worth having some of your skin in the game, so to speak.  Personally, I would take a balanced approach: 1/3 debt repayment, 1/3 high interest cash savings, and 1/3 in some broad diversified index funds – and not all in the U.S.  Although, I also like the idea of getting some travel in while young, so perhaps 1/4 allocations to the money stuff, and 1/4 towards travel?  :-) Good luck.


You've just pushed the problem off to trying to figure out the market value of property, not to mention that property values are subject to bubbles. I don't particularly worry about the problems that would cause the government, but it makes it really hard on businesses (and people) that now have to pay a lot more than they budgeted for.   Property taxes are a useful thing, and serve an important purpose, but you don't want to bet budgets on them alone. Diversification is important in all kinds of investments.


Give all your money as well as your budget requirements to someone you really trust. Tell them to give you ONLY what your budget allows. As long as both of you take this seriously, this method will be very effective.


Let Go App...good way to find awesome deals on furniture. Depending on climate find a nice bike, pretty easy way to get around & low maintenance costs compared to a car ( i.e. insurance, gas, repairs). Then depending on whether your work offers matching 401k programs, max that out or find a good index fund & consistently build that emergency fund. Chill for 10-15 years & enjoy the benefits of compounding interest my friend.


What you have exampled is essentially the Amazon paradox.  Why would someone shop only in one place?  Convenience, ease, familiarity, one credit card storage, etc.  I have ordered an item from Amazon because of the ease and it has been shipped to me in a Wal Mart box.  People do this all the time and is basically why there are marketplace sellers on Amazon.


> The periodic table lists 118 different chemical elements. And yet, for thousands of years, humans have really, really liked one of them in particular: gold. Gold has been used as money for millennia, and its price has been going through the roof.  > Why gold? Why not osmium, lithium, or ruthenium?  [[Planet Money](http://www.npr.org/blogs/money/2011/02/15/131430755/a-chemist-explains-why-gold-beat-out-lithium-osmium-einsteinium)] tells you why.


First step is determine how much equity is in the car (positive or negative). Then for your car payments has that been paid out of money that has already been split or is it from a pool that is still to be slit. If the later, then it is irrelevant to this discussion since it was from a joint pool. If the money has already been split then adjust her half of the equity in the car by what you have been paying an make her that offer for her half of the car.  I recommend showing her the calculations so as to explain how you came with what she is owed and then let her make a counter offer.


"Having no utilization makes you an outlier, it's an unusual circumstance for most people, and the scoring model cannot make any predictions based on it. If you think of it from the underwriter's perspective, zero utilization could mean all sorts of things... are you dead? indigent? unable to work?  When you buying a product (like money or insurance) whose pricing is based on risk, being ""weird"" will usually make you a higher risk. That said, it isn't the end of the world. If you are in this situation, I wouldn't lose sleep over it."


"Useless statistic.  From the article:  ""The four-week moving average of claims, a less-volatile measure, climbed to 377,750, the highest in a month, from 376,000. The number of people continuing to collect jobless benefits increased 34,000 in the week ended May 26 to 3.29 million. The continuing claims figure does not include the number of workers receiving extended benefits under federal programs.  Those who’ve used up their traditional benefits and are now collecting emergency and extended payments slumped by almost 105,000 in the week ended May 19 to 2.83 million."""


Thanks for the advice. I will look into index funds.   The only reason I was interested in this stock in particular is that I used to work for the company, and always kept an eye on the stock price. I saw that their stock prices recently went down by quite a bit but I feel like I've seen this happen to them a few times over the past few years and I think they have a strong catalogue of products coming out soon that will cause their stock to rise over the next few years.   After not being able to really understand the steps needed to purchase it though, I think I've learned that I really don't know enough about the stock system in general to make any kind of informed decisions about it and should probably stick to something lower-risk or at least do some research before making any ill-informed decisions.


"To understand the VXX ETF, you need to understand VIX futures, to understand VIX futures you need to understand VIX, to understand VIX you need to understand options pricing formulas such as the ""Black Scholes"" formula Those are your prerequisites. Learn at your own pace. Short Answer: When you buy VXX you are buying the underlying are front month VIX futures. Limited by the supply of the ETF's NAV (Net Asset Value) units. It is assumed that the ETF manager is actually buying and selling more VIX front month futures to back the underlying ETF. Long Answer: Assume nobody knows what an options contract should be worth. Therefore formulas have been devised to standardize how to price an options contract. The Black-Scholes formula is widely used, one of the variables in this formula is ""Implied Volatility"", which basically accounts for the mispricing of options when the other variables (Intrinsic Value, delta, gamma, theta...) don't completely explain how much the option is worth. People are willing to pay more for options when the perception is that they will be more profitable, ""implied volatility"" tracks these changes in an option's demand, where the rest of the black-scholes formula creates a price for an option that will always be the same. Each stock in the market that also trades standardized options will have implied volatility which can be computed from the price of those options. The ""Volatility Index"" (VIX), looks at the implied volatility of MANY STOCK's options contracts. Specifically the ""implied volatility of out the money puts on the S&P 500"". If you don't know what that quoted part of the sentence means, then you have at least five other individual questions to ask before you re-read this answer and understand the relevance of these followup questions: Why would people buy out-the-money puts on the S&P 500? Why would people pay more for out-the-money puts on the S&P 500 on some days and pay less for them on other days? This is really the key to the whole puzzle. Anyway, now that we have this data, people wanted to speculate on the future value of the VIX. So VIX futures contracts began trading and with it there came a liquid market. There doesn't need to be anything physical to back a financial product anymore. A lot of people don't trade futures, retail investors have practically only heard of ""the stock market"". So one investment bank decided to make a fund that only holds VIX futures that expire within a month. (front month futures). They split that fund up into shares and listed it on the stock market, like alchemy the VXX was formed. Volatility studies are fascinating, and get way more complex than this now that the VXX ETF also has liquid options contracts trading on it too, and there are leveraged VIX ETF funds that also trade options"


>Most of their inventory is actually downmarket or discounted white-label merchandise that TJ repackages, rebrands as their own,  If one of my professors was right, he said this was a common business model, although the re-packaged products would be the generic brands, like Target's Up & Up or Walmart's Kroger brand products, and be sold cheaper, instead of what TJ is doing, selling them at a higher price.  Target, for example, does not have their own factories to produce their own, Target-brand toilet paper, cereal, or hand towels. Instead, they just buy merchandise another company makes and repackages the products using their generic, Target-brand packaging.


"The crazy thing about this is that $30 million in annual salary and compensation really isn't the end of the story for rich guys.  I worked for a REIT a few years back and the guy that founded that REIT made a few million in salary a year.  I thought the number seemed a bit low for his lifestyle.  He had many properties in the US for his own personal use (around 6-8 BIG homes).  He also had a garage that was insane.  He had over 25 very expensive cars.  My co-workers would say ""Nick is airing out his garage"" when he drove one to work every day for a month without driving the same vehicle twice in one month.  It turns out he owned 30 million shares of stock that paid him $1.00 per share per year.  So while his annual compensation was ""only"" a few million per year, his dividend income was many, many, times that.  Think about that next time you see a CEO's annual income and you think that it really isn't as much as you expect."


> So in natural cases competition would be healthiest way but i don't believe other firms can emerge in this markets  Just because you believe they can’t doesn’t mean they can’t. We have to prove doing so is infeasible.  > and amazon could kill real life retailers in 10-20 years time.  That’s not very compelling. Walmart did so faster in the 90s. Customers eventually started drifting to alternative merchants. In the case of Amazon retail sales, one competitors is AliExpress. Google is an advertising company and there are plenty of those around. Facebook is a social media platform and several competitors exist in that arena.


Automatic exercisions can be extremely risky, and the closer to the money the options are, the riskier their exercisions are. It is unlikely that the entire account has negative equity since a responsible broker would forcibly close all positions and pursue the holder for the balance of the debt to reduce solvency risk.  Since the broker has automatically exercised a near the money option, it's solvency policy is already risky. Regardless of whether there is negative equity or simply a liability, the least risky course of action is to sell enough of the underlying to satisfy the loan by closing all other positions if necessary as soon as possible. If there is a negative equity after trying to satisfy the loan, the account will need to be funded for the balance of the loan to pay for purchases of the underlying to fully satisfy the loan. Since the underlying can move in such a way to cause this loan to increase, the account should also be funded as soon as possible if necessary. Accounts after exercise For deep in the money exercised options, a call turns into a long underlying on margin while a put turns into a short underlying. The next decision should be based upon risk and position selection.  First, if the position is no longer attractive, it should be closed.  Since it's deep in the money, simply closing out the exposure to the underlying should extinguish the liability as cash is not marginable, so the cash received from the closing out of the position will repay any margin debt. If the position in the underlying is still attractive then the liability should be managed according to one's liability policy and of course to margin limits. In a margin account, closing the underlying positions on the same day as the exercise will only be considered a day trade.  If the positions are closed on any business day after the exercision, there will be no penalty or restriction. Cash option accounts While this is possible, many brokers force an upgrade to a margin account, and the ShareBuilder Options Account Agreement seems ambiguous, but their options trading page implies the upgrade. In a cash account, equities are not marginable, so any margin will trigger a margin call.  If the margin debt did not trigger a margin call then it is unlikely that it is a cash account as margin for any security in a cash account except for certain options trades is 100%. Equities are convertible to cash presumably at the bid, so during a call exercise, the exercisor or exercisor's broker pays cash for the underlying at the exercise price, and any deficit is financed with debt, thus underlying can be sold to satisfy that debt or be sold for cash as one normally would. To preempt a forced exercise as a call holder, one could short the underlying, but this will be more expensive, and since probably no broker allows shorting against the box because of its intended use to circumvent capital gains taxes by fraud.  The least expensive way to trade out of options positions is to close them themselves rather than take delivery.


The actual physical act of obtaining the sequence data isn't the cause of the delay.  The current estimates of 8 - 10 weeks for tumor genome sequencing are mainly due to the data processing.    Pooling data and processing power would actually be a huge advantage in this.  After you have all the sequencing data, you need to identify changes in the tumor, and then determine what exactly they mean (the really difficult part).  If centers around the world pool their data, and correlate it to clinical information, the data set expands exponentially which helps everyone.  Otherwise, each center will have their own data set, which will probably get published eventually, but there will be a huge delay before this information gets to the appropriate people, where it can help.  Data pooling of this sort is already done in a lot of other cases, cytogenetic arrays, newborn screening, etc.


I don't think that you'll notice a difference in the NAV in a fund with fees that are low as the Vanguard Total Stock Market Fund. Their management fees are incorporated into the NAV, but keep in mind that the fund has a total of $144 billion in assets, with $66 billion in the investor class. The actual fees represent a tiny fraction of the NAV, and may only show up at all on the day they assess the fees. With Vanguard total stock market, you notice the fee difference in the distributions. In the example of Vanguard Total Stock Market, there are institutional-class shares (like VITPX with a minimum investment of $200M) with still lower costs -- as low as 0.0250% vs. 0.18% for the investor class. You will notice a different NAV and distributions for that fund, but there may be other reasons for the variation that I'm not familar with, as I'm not an institutional investor.


The other aspect that you're not mentioning that makes TJ so special is their churn rate. Because they only sell a limited number of versions per category (no multiple brands -mostly self branded) nothing just sits on the shelves. So they do massive amounts of volume on almost everything that gets put in their store.  also I have never seen anywhere sell macadamia nuts anywhere close to their price.


Sounds a lot like my old boss. Except, I couldn't even get a PM methodology in place that numbered and tracked projects.   Boss: Just email me weekly status reports of what you're working on.  Me: How am I supposed to know what I am working on?  Boss: ...  ---  Me: I came up with a PM system to track all of our work. Here's the link.  Boss: I like this, I have some notes of things I'd like changed.  6 months later  Boss: Where is your weekly status report?  Me: When are you going to send me those notes?  ---  Boss: Send me an inventory of all of our systems and servers.  Me: I can put it in a centralized, web-based system where we you can get real-time reports and export them to Excel.  Boss: We'll do that later.  6 Months later  Boss: Can you email me an updated version of the systems and servers inventory?  Me: Where is it?  Boss: You sent it to me.  Me: So in email?  Boss: I guess.  Me:I can put it in a centralized, web-based system where we you can get real-time reports and export them to Excel.  Boss: We'll do that later.   ---  Boss: This employee of yours is a real problem.  Me: I agree, we've had many conversations about this. I've spoken to her several times, she's been written up. I think it's time to fire her.   Boss: Let's wait till after the holidays I'm going on vacation then you are.  Me: I think we need to move quickly.   Boss: Let's wait  Right after holidays employee falls, injures hip on the job. Takes 9 months off of work. Turns out it was a preexisting condition but HR tells us we have to take her back despite the act that she lied on her application.  --- Went on short paternity leave. Boss was supposed to okay my employees time cards in the system in my absence. Same employee as above.  Boss: So you're employee didn't get paid because her time card wasn't approved.  Me: I was on leave, I was clear I couldn't okay it while I was out and my system back up was supposed to okay it.  Boss: Who is your system back up?  Me: According to HR, you.  Boss: Oh, well you need to own this problem.  Me:...  ---  Me: So we just need to develop use cases for the system.  Boss and his Boss: Don't use technical jargon.  Me:...


Whenever I've tried to actually buy something at an Apple Store I've found it a frustrating experience.  With no line-ups or registers the process of actually buying something becomes a mess of finding an employee not helping someone else and hoping no-one else is quicker than you.  I've tried using the ipads to request help but it seems they prioritize the people grabbing at them rather than the queue.  Because of this I only go to apple stores to browse.


When you invest in stocks, there are two possible ways to make money: Many people speculate just on the stock price, which would result in a gain (or loss), but only once you have resold the shares. Others don't really care about the stock price. They get dividends every so often, and hopefully, the return will be better than other types of investments. If you're in there for the long run, you do not really care what the price of the stock is. It is often highly volatile, and often completely disconnected from anything, so it's not because today you have a theoretical gain (because the current stock price is higher than your buying price) that you will effectively realise that gain when you sell (need I enumerate the numerous crashes that prevented this from happening?). Returns will often be more spectacular on share resale than on dividends, but it goes both ways (you can lose a lot if you resell at the wrong time). Dividends tend to be a bit more stable, and unless the company goes bankrupt (or a few other unfortunate events), you still hold shares in the company even if the price goes down, and you could still get dividends. And you can still resell the stock on top of that! Of course, not all companies distribute dividends. In that case, you only have the hope of reselling at a higher price (or that the company will distribute dividends in the future). Welcome to the next bubble...


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"Economics will generally be more respected if it is a Bachelors of Science. The BS will have (in general) more quantitative coursework as compared to a BA. The reason that economics PHDs are often valued is for their quantitative skills, hence why you have heard the Economics BA can be a ""useless major."" This is not entirely true it can be a great start to a law or government career. Personally I paired an economics degree with mathematics to get a strong quant skillset.   The truth is economics has little practical application in business and if you are truly interested in business that would be the best major to acquire well rounded skills in that area. While you may learn some strategy and high level finance in an economics program you will know little about marketing, accounting, operations and other more nuanced areas."


They were able, but unwilling to do so at the price they had originally agreed on. While that is still not a good sign by any means, and the airline might have a case against Santander, your title makes it sound as if the bank did not have enough funds to fund even a small Norwegian airlines purchase.


You should double-check what it means to be in [Chapter 11](http://en.wikipedia.org/wiki/Chapter_11,_Title_11,_United_States_Code)  Yes, by filing for bankruptcy, the company gets some protection from creditors and some of their investment dries up, but it's the owners who take it on the nose first.  Also, individuals can file for Chapter 11, too.  It's not just corporations.


You didn't specify where in the world you account is - ScotiaBank operates in many countries. However, for large amounts where there is a currency conversion involved, you are almost guaranteed to be better off going to a specialist currency broker or payments firm, rather than using a direct method with your bank (such as a wire transfer). Based on my assumption that your account is in Canada, one provider who I have personally used with success in transferwise, but the best place to compare where is the best venue for you is https://www.fxcompared.com In the off chance that this is an account with Scotiabank in the United States, any domestic payment method such as a domestic wire transfer should do the job perfectly well. The fees don't matter for larger amounts as they are a single fee versus a percentage fee like you see with currency conversions.


In my opinion, the simplest way to run these numbers is to first assume you are borrowing the full amount, including the points, if any.  They run a spreadsheet, and while using the new rate, apply your full current payment each month.  Then compare balances at month 48. You'll find it easy to calculate the breakeven. In the case of the negative points, it's immediate. For higher points, the B/E is later but then you are further ahead each month.


The main reason for paying your mortgage off quickly is to reduce risk should a crisis happen.  If you don't have a house payment, you have much higher cash flow every month, and your day-to-day living expenses are much lower, so if an illness or job loss happens, you'll be in a much better position to handle it. You should have a good emergency fund in place before throwing extra money at the mortgage so that you can cover the bigger surprises that come along. There is the argument that paying off your mortgage ties up cash that could be used for other things, but you need to be honest with yourself: would you really invest that money at a high enough rate of return to make up your mortgage interest rate after taxes?  Or would you spend it on other things?  If you do invest it, how certain are you of that rate of return?  Paying off the mortgage saves you your mortgage interest rate guaranteed. Finally, there is the more intangible aspect of what it feels like to be completely debt free with no payments whatsoever.  That feeling can be a game-changer for people, and it can free you up to do things that you could never do when you're saddled with a mortgage payment every month.


Have you tried TransferWise.  They offer nice cross currency transfers with really low rates.


Open, high, low, close, volume. The hint is that volume on new years day is 0.  DC's comment is actually a better answer than mine - when given any data set, you should really know the meaning of each cell/number.


If you will be there 5-6 years it could be viable. Here are some of the cost considerations: There may be some more fees, but that should be the bulk of it - You'll have to do the math on all of the above and see which makes sense :)


>Samsung’s revenue for the quarter was KRW 47.82 trillion, a decrease of KRW 3.87 trillion YOY  >The company estimated that the stronger Korean won against major currencies in the third quarter negatively impacted operating profit by approximately KRW 700 billion, mostly on the components business side.  Just so people know what is being remarked about here.


The interest accrues daily based on the amount you owe.  The less you owe the less the daily interest accrual.  The faster you pay it off the less you pay in the lifetime of the loan.  You are losing money if you bank money rather than applying it to the loan immediately.  Since student loans cannot be declared in bankruptcy and interest rates cannot be refinanced, or are nonnegotiable, then you should consider your student loan a priority in case your employment/income runs into problems.


Just my opinion, but if their prices were the same at Amazon AND if there customer service wasn't a joke, I'd rather  buy it in person.  The ability to return things if needed are much easier at a store than through the mail.


sales is hard or harder than that.  finding quality sales people is even harder  top sales people are like hired guns who could easily work for your competition.  they must be paid plenty to keep them selling/motivated and also to not bolt away  sales people keep score with money  most all other jobs are significantly easier to fill and maintain


Any time a large order it placed for Buy, the sell side starts increasing as the demand of Buy has gone up. [Vice Versa is also true]. Once this orders gets fulfilled, the demand drops and hence the Sell price should also lower. Depending on how much was the demand / supply without your order, the price fluctuation would vary. For examply if before your order, for this particular share the normal volume is around 100's of shares then you order would spike things up quite a bit. However if for other share the normal volume is around 100000's then your order would not have much impact.


I'd say it's a limitation of your bank. Every bank I've ever used had instant transfers between accounts at the same bank.


As opposed to the conservative tactic to remove all social safety nets (under the guise of balancing the budget) at a time when people actually need them the most?  The world is a complex place. There's no perfect party line solution.  We need a little of this and a little of that.


I don't think communism is bad as a form of government at all.  I do think that people can in no way be trusted with it though, both leaders and the population.  Also, socialist programs are horrible in the U.S. specifically because they have 32455 different departments all trying to run programs, causing overhead to be ridiculous.  There really needs to be a lot of reform with that. =/


Either approach will put a strain on your friendship, unless you are willing to treat it as a gift which may or may not be returned rather than a loan. I agree that paying it direct to the dealer (or giving her a check that is made out to the dealer) avoids the risk of the money getting sidetracked.


"a link to this article grabbed my Interest as I was browsing the site for something totally unrelated to finance.  Your question is not silly - I'm not a financial expert, but I've been in your situation several times with Carmax Auto Finance (CAF) in particular. A lot of people probably thought you don't understand how financing works - but your Car Loan set up is EXACTLY how CAF Financing works, which I've used several times. Just some background info to anyone else reading this - unlike most other Simple Interest Car Financing, with CAF, they calculate per-diem based on your principal balance, and recalculate it every time you make a payment, regardless of when your actual due date was.  But here's what makes CAF financing particularly fair - when you do make a payment, your per-diem since your last payment accrued X dollars, and that's your interest portion that is subtracted first from your payment (and obviously per-diem goes down faster the more you pay in a payment), and then EVerything else, including Any extra payments you make - goes to Principal. You do not have to specify that the extra payment(S) are principal only. If your payment amount per month is $500 and you give them 11 payments of $500 - the first $500 will have a small portion go to interest accrued since the last payment - depending on the per-diem that was recalculated, and then EVERYTHING ELSE goes to principal and STILL PUSHES YOUR NEXT DUE DATE (I prefer to break up extra payments as precisely the amount due per month, so that my intention is clear - pay the extra as a payment for the next month, and the one after that, etc, and keep pushing my next due date). That last point of pushing your next due date is the key  - not all car financing companies do that. A lot of them will let you pay to principal yes, but you're still due next month. With CAF, you can have your cake, and eat it too. I worked for them in College - I know their financing system in and out, and I've always financed with them for that very reason.  So, back to the question - should you keep the loan alive, albeit for a small amount. My unprofessional answer is yes! Car loans are very powerful in your credit report because they are installment accounts (same as Mortgages, and other accounts that you pay down to 0 and the loan is closed). Credit cards, are revolving accounts, and don't offer as much bang for your money - unless you are savvy in manipulating your card balances - take it up one month, take it down to 0 the next month, etc. I play those games a lot - but I always find mortgage and auto loans make the best impact.  I do exactly what you do myself - I pay off the car down to about $500 (I actually make several small payments each equal to the agreed upon Monthly payment because their system automatically treats that as a payment for the next month due, and the one after that, etc - on top of paying it all to principal as I mentioned).  DO NOT leave a dollar, as another reader mentioned - they have a ""good will"" threshold, I can't remember how much - probably $50, for which they will consider the account paid off, and close it out. So, if your concern is throwing away free money but you still want the account alive, your ""sweet spot"" where you can be sure the loan is not closed, is probably around $100.  BUT....something else important to consider if you decide to go with that strategy of keeping the account alive (which I recommend). In my case, CAF will adjust down your next payment due, if it's less than the principal left. SO, let's say your regular payment is $400 and you only leave a $100, your next payment due is $100 (and it will go up a few cents each month because of the small per-diem), and that is exactly what CAF will report to the credit bureaus as your monthly obligation - which sucks because now your awesome car payment history looks like you've only been paying $100 every month - so, leave something close to one month's payment (yes, the interest accrued will be higher - but I'm not a penny-pincher when the reward is worth it - if you left $400 for 1.5 years at 10% APR - that equates to about $50 interest for that entire time - well worth it in my books. Sorry for rambling a lot, I suck myself into these debates all the time :)"