Question: How often do typical investors really lose money?

So how often do investors really lose money? The short answer is, every day. Let's first examine your assumptions: If the price of the share gets lower, the investor can just wait until   it gets higher. What are the chances that it won't forever, or for   years? There are many stocks whose price goes down and then down further and then to zero. The most apparent example is, of course, Enron. The stock went from about $90 per share to zero in about 18 months. For it to have been sold at $90, obviously, someone had to buy it. Almost no matter where they sold it, they lost money. If they didn't sell it, when the stock was worthless, they lost money. https://en.wikipedia.org/wiki/Enron#/media/File:EnronStockPriceAugust2000toJanuary2001.svg There are more modern examples of companies that are declining in a rapidly changing market. For example, Sears Holdings is getting beat down by Amazon and many other on-line retailers. I suspect that if you buy it today and wait for it to go higher, you will be disappointed. https://www.google.com/finance?q=NASDAQ%3ASHLD&ei=E8_fWIjWGsSGmAGx7b_IAw The more common way to lose money is to either not have a plan or not stick to the plan. Disciplined investors typically plan to buy quality stocks at a fair price and hold them long enough for increasing sales and profits to bring the stock price up. If, later, he hears a bit of bad news about his stock and decides to sell out of panic or fear and become a trader instead of keeping to the plan to remain a disciplined investor, he is likely to lose money. He will lose because no-one can predict accurately that a stock is going down and will never recover; nor can he predict accurately when a stock is going up and will never falter. The chance of bankruptcy (especially for huge companies like Apple) is   really low, as I see it, but I may be wrong. Thousands of people lost billions of dollars thinking that about Enron, too. I too believe Apple is a fine stock with excellent prospects, but technology changes and markets change. Twenty or thirty years from now, it may be a different case.

I am using the same logic as the two answers above. I got almost the same result ($46.60 instead of $46.59 per share) using the sold fractional share basis. However, the JCI Qualified Dividend (on the 1099-DIV, not the 1099-B) divided by the number of shares spun off yields a basis per share of only $40.97 That compares to $45.349 in answer two above. It seems that we should get the approximately same basis per share using the same arithmetic, and I do not know why we don't. For my tax files, I plan to use the Adient basis equal to the dividend from the 2016 1099-DIV of JCI (the PLC after the merger). My reasoning is that I cannot use an amount for the Adient basis that is greater than the dividend I paid taxes on. [In case this part of the question comes up again, you can get historical quotes at various websites such as https://finance.yahoo.com/quote, which does show $45.51 as the Adient closing price on 10/31/16.]

So I'm confused  - reading dhando investor - he says  Odds of receiving a $1 in 2009 and 30+ percent intrestest from 2002-2009 is -> 50%  Odds of getting .19 back ( a loss of .11) -> 45%  Odds of a loss of .24 is 2%  Odds of a total loss is 3%   He states Kelly criterion suggests 86% betting how!!!!! Bought the converts at .30 cents please explain no idea how he did this.

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Ok, so here's the strategy I decided to go with in the meantime: Allocate E1 to A_corp and E3 to A_ira. Here are my considerations which I assume at this stage to be right:

"This is the best tl;dr I could make, [original](https://americanaffairsjournal.org/2017/08/ricardos-vice-virtues-industrial-diversity/) reduced by 97%. (I'm a bot) ***** > On the issue of the relocation of production from high-wage First World to low-wage Third World countries, modern economists have pushed Ricardo&#039;s Vice past even Ricardo&#039;s limits.  > The theory of comparative advantage would lead you to expect that in a world with very low trade barriers-basically the modern globalized world-most countries would have specialized trade profiles, so that they would score low in both ubiquity and diversity.  > The success of this index in predicting which countries are likely to outperform growth expectations in the future was related to the role of product diversity within a country, which enable new products to be invented.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6uuv95/ricardos_vice_and_the_virtues_of_industrial/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~194929 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*: **country**^#1 **trade**^#2 **industry**^#3 **product**^#4 **Ricardo**^#5"

The missing information is at the end of the first line: the price is from NASDAQ (most specifically Nasdaq Global Select), which is a stock exchange in the USA, so the price is in US Dollars.

No, just as the profits from the bank do not go to their personal accounts and instead go to the banks coffers, where they are paid out as a dividend.   If your company makes a mistake and loses money, do they draw it from your account?


Question: Side work and managing finances?

"I have done similar software work. You do not need an LLC to write off business expenses. The income and expenses go on Schedule C of your tax return. It is easy to write off even small expenses such as travel - if you keep records. The income should be reported to you on a 1099 form, filled out by your client, not yourself.  For a financial advisor you should find one you can visit with personally and who operates as a ""fee-only"" advisor. That means they will not try to sell you something that they get a commission on. You might pay a few $hundred per visit. There are taxes that you have to pay (around 15%) due to self-employment income. These taxes are due 4 times a year and paid with an ""estimated tax"" form. See the IRS web site, and in particular schedule SE. Get yourself educated about this fast and make the estimated tax payments on time so you won't run into penalties at the end of the year."

"Regardless of the source of the software (though certainly good to know), there are practical limits to the IRS 1040EZ form.  This simplified tax form is not appropriate for use once you reach a certain level of income because it only allows for the ""standard"" deduction - no itemization.   The first year I passed that level, I was panicked because I thought I suddenly owed thousands.  Switching to 1040A (aka the short form) and using even the basic itemized deductions showed that the IRS owed me a refund instead. I don't know where that level is for tax year 2015 but as you approach $62k, the simplified form is less-and-less appropriate.  It would make sense, given some of the great information in the other answers, that the free offering is only for 1040EZ.  That's certainly been true for other ""free"" software in the past."

"I have an account with ETrade. Earlier this week I got an offer to participate in the IPO proper (at the IPO price). If Charles Schwab doesn't give you the opportunity, that's a shortcoming of them as a brokerage firm; there are definitely ways for retail investors to invest in it, wise investment or no. (Okay, technically it wasn't an offer to participate, it was a notice that participation was possibly available, various securities-law disclaimers etc withstanding. ""This Web site is neither an offer to sell nor a solicitation to buy these securities. The offer is by prospectus only. This Web site contains a preliminary prospectus for each offering."" etc etc)."

"> A severe outbreak of inflation would be great for debtors and homeowners - a large percentage of the population.   Not necessarily.  You presume that wages would rise along with prices.  In fact prices have been rising, but wages haven't followed suit.  >It would also be great for equity owners.  Do you understand the definition of ""bubble""?"

"For Brian Nowak an Analyst at Morgan Stanley who just downgraded SNAP.  >""SNAP's ad product is not evolving/improving as quickly as we expected and Instagram competition is increasing,"" Nowak said in a note to investors.  I wonder why a highly respected stock market analyst would confuse Snapchat with Instagram?"

No, it doesn't.  It's been at play in a very strong way for the last century - and, even on smaller time scales you can easily see where there are differences in nations that grow / shrink.  My statement isn't over the course of thousands of years, it can affect things on the span of just a few decades even.

If you are a non resident Indian, the income you earn and transfer to India is tax free in India. You can hold the funds in USD or convert then into INR, there is no tax implication.

CTRs are made all the time, and yes, the banks do need to consider one-off transactions that aren't $10,000 per se but amount effectively to $10,000 or more. But if you're doing nothing improper, just pay your bill and be done with it.  No need to split it up just for this reason.


Question: After Hours S&P 500

The futures market trades 24 hours a day, 5.5 days a week. S&P 500 futures market continues trading, and this gives pricing exposure and influences the individual stocks when they resume trading in US session.

Get a wide range of services for cylinder heads by reaching out to a competent company. From reconditioned cylinder heads to crack testing, chemical cleaning, grinding, manifold repairs, injector tube fitting, wet blasting and valve guide repairs you will get all these services at such companies.

I know that there are a lot service on the internet helping to form an LLC online with a fee around $49. Is it neccessarry to pay them to have an LLC or I can do that myself? No, you can do it yourself. The $49 is for your convenience, but there's nothing they can do that you wouldn't be able to do on your own. What I need to know and what I need to do before forming an LLC? You need to know that LLC is a legal structure that is designed to provide legal protections. As such, it is prudent to talk to a legal adviser, i.e.: a Virginia-licensed attorney. Is it possible if I hire some employees who living in India? Is the salary for my employees a expense? Do I need to claim this expense? This, I guess, is entirely unrelated to your questions about LLC. Yes, it is possible. The salary you pay your employees is your expense. You need to claim it, otherwise you'd be inflating your earnings which in certain circumstances may constitute fraud. What I need to do to protect my company? For physical protection, you'd probably hire a security guard. If you're talking about legal protections, then again - talk to a lawyer. What can I do to reduce taxes? Vote for a politician that promises to reduce taxes. Most of them never deliver though. Otherwise you can do what everyone else is doing - tax planning. That is - plan ahead your expenses, time your invoices and utilize tax deferral programs etc. Talk to your tax adviser, who should be a EA or a CPA licensed in Virginia. What I need to know after forming an LLC? You'll need to learn what are the filing requirements in your State (annual reports, tax reports, business taxes, sales taxes, payroll taxes, etc). Most are the same for same proprietors and LLCs, so you probably will not be adding to much extra red-tape. Your attorney and tax adviser will help you with this, but you can also research yourself on the Virginia department of corporations/State department (whichever deals with LLCs).

"Most people advocate a passively managed, low fee mutual fund that simply aims to track a given benchmark (say S&P 500). Few funds can beat the S&P consistently, so investors are often better served finding a no load passive fund. First thing I would do is ask your benefits rep why you don't have an option to invest in a Fidelity passive index fund like Spartan 500. Ideally young people would be heavy in equities and slowly divest for less risky stuff as retirement comes closer, and rebalance the portfolio regularly when market swings put you off risk targets. Few people know how to do this and actually do so. So there are mutual funds that do it for you, for a fee. These in are called ""lifecycle"" funds (The Freedom funds here).  I hesitate to recommend them because they're still fairly new. If you take a look at underlying assets, these things generally just reinvest in the broker's other funds, which themselves have expenses & fees. And there's all kinds personal situations that might lead to you place a portion with a different investment."

I think with your background you would be well suited to Equity Research in Oil, Biotech, or Pharma.  Not an area I know well but people who have greater understanding of the company's business are valuable in that field when combined with finance knowledge.  By your questions I would definitely advise some more investigation into finance and your motivations for getting into it.  What do you want out of finance?  How does the field match up with your life goals and your personal values?  Read some primers on Wall Street Oasis and some of Mergers and Inquisitions if you haven't already.  Sorry for the unwanted advice rant.  Just see lots of people attracted to money, prestige, or perceived glamour of finance without thinking about whether it's really what they want.

"You're circling around the answer...  The only real difference between a loddar and a privately-issued promissory note is that the loddar is issued by a recognized third party with better credit/credibility (the whole merchant/priest/farmer cartel-thing).   Private entities absolutely can and do issue their own promises to pay, and accept them, and in turn rely on those promises to make other promises. It's what you do when you charge something to a credit-card on the basis of your employer's promise to pay. You charge new tires, the tire store promises to pay its employees based on your CC company's promise to pay the tire-store, which is based on your promise to pay the credit-card company, which is based on your employer's promise to pay you, which is based on your employer's contracts with its customers, and so on...  In fact, often as not, the whole chain *never actually gets reconciled with printed cash.* The central bank never has to print or even know about these transactions. It's just checks and electronic transfers: promises all the way down, maybe with occasional cash withdrawals for popcorn at the movies or to tip the stripper or something...   That doesn't mean it's not ""real money"", it absolutely is: those promises are buying groceries and tires and making mortgage-payments and paying dentist bills and getting people to dig up stuff out of mines that will be fashioned into iPads, and all kinds of stuff.  Where this hurts most people in the brain is that they kind of accept dollar bills as axiomatically and intrinsically valuable. So trying to explain in reverse how they are the same as promissory notes or credit-certificates is like trying to convince them that a plane ticket is the same as an airplane (which is obviously not true).   That's why I started with this imaginary world without money. If you let go of any preconceptions, and stop trying to think through the analogies and don't read it trying to predictively look for the outcome conclusions, if you just read it and follow the story through, it is obvious that the *only* intrinsic difference (in that imaginary world) between apple-certificates, loddars, and privately-issued IOUs is the *credibility of the issuer*.  Trying to understand this stuff via analogy will make your head spin: Taking it all the way back to the thread-topic and the question at the top of the page, what makes it so difficult is the tendency and mental impulse to analogize money as a ""thing"" that ""is"" somewhere, and therefore has to ""go"" somewhere.   But that's an intrinsically and substantially imperfect analogy, which is what makes it hard to explain to a five-year-old. And you can't make the reality fit that analogy and stay sane. Even if you refuse to accept all this maddening abstraction and insist on only doing transactions with physical cash, or gold pieces, *the value of those markers is still 100% contingent on everyone accepting that everyone else will continue to believe that everyone else will continue to accept that currency...*  Money is essentially a promise that other people will keep. Instead of giving you food, your employer gives you a ""universal gift certificate"" that you can redeem anywhere, and everyone else will accept it, because they can in turn redeem it anywhere else. The only difference between using a bank-draft or printed dollar bill, versus writing a promise to make good yourself, is the credibility of the issuer.   That's a really difficult premise for most people to accept, because it's invisible and abstract, and seems to conflict with tangible interactions you've been doing all your life. So we have this sort of tendency to try and force the reality to fit preconceived conceptual analogies, like someone who keeps rejecting explanations of how airplanes can fly because ""that still doesn't explain how metal can be lighter than air""... it's demanding that the reality must fit a hypothesis that doesn't apply.   Hope that helps."

"The question is asking for a European equivalent of the so-called ""Couch Potato"" portfolio. ""Couch Potato"" portfolio is defined by the two URLs provided in question as, Criteria for fund composition Fixed-income: Regardless of country or supra-national market, the fixed-income fund should have holdings throughout the entire length of the yield curve (most available maturities), as well as being a mix of government, municipal (general obligation), corporate and high-yield bonds.  Equity: The common equity position should be in one equity market index fund. It shouldn't be a DAX-30 or CAC-40 or DJIA type fund. Instead, you want a combination of growth and value companies. The fund should have as many holdings as possible, while avoiding too much expense due to transaction costs. You can determine how much is too much by comparing candidate funds with those that are only investing in highly liquid, large company stocks. Why it is easier for U.S. and Canadian couch potatoes It will be easier to find two good funds, at lower cost, if one is investing in a country with sizable markets and its own currency. That's why the Couch Potato strategy lends itself most naturally to the U.S.A, Canada, Japan and probably Australia, Brazil, South Korea and possibly Mexico too. In Europe, pre-EU, any of Germany, France, Spain, Italy or the Scandinavian countries would probably have worked well. The only concern would be (possibly) higher equity transactions costs and certainly larger fixed-income buy-sell spreads, due to smaller and less liquid markets other than Germany. These costs would be experienced by the portfolio manager, and passed on to you, as the investor. For the EU couch potato Remember the criteria, especially part 2, and the intent as described by the Couch Potato name, implying extremely passive investing. You want to choose two funds offered by very stable, reputable fund management companies. You will be re-balancing every six months or a year, only. That is four transactions per year, maximum. You don't need a lot of interaction with anyone, but you DO need to have the means to quickly exit both sides of the trade, should you decide, for any reason, that you need the money or that the strategy isn't right for you.  I would not choose an ETF from iShares just because it is easy to do online transactions. For many investors, that is important! Here, you don't need that convenience. Instead, you need stability and an index fund with a good reputation. You should try to choose an EU based fund manager, or one in your home country, as you'll be more likely to know who is good and who isn't. Don't use Vanguard's FTSE ETF or the equivalent, as there will probably be currency and foreign tax concerns, and possibly forex risk. The couch potato strategy requires an emphasis on low fees with high quality funds and brokers (if not buying directly from the fund). As for type of fund, it would be best to choose a fund that is invested in mostly or only EU or EEU (European Economic Union) stocks, and the same for bonds. That will help minimize your transaction costs and tax liability, while allowing for the sort of broad diversity that helps buy and hold index fund investors."

"From the comments, it sounds like you have a technical background. So I'm going to suggest you think of this as a technical problem: it's an optimization problem, where the variable you're trying to optimize for is total interest paid over the lifetime of the loans. Step 1 is making sure you're using the credit available to you most efficiently. If there's room in the credit limit for card #1 to move more of your debt there, then definitely move your balances from the higher-interest cards. However, be careful; some cards will have different interest rates for balance transfers or cash advances. And definitely don't move any principal from Card #3 until the 0% interest rate expires. Pursuing a bank loan as part of step 1 is valid as well. You could start with the bank you use for your checking account today. Credit unions can be a good source of lower-interest loans as well. Ensure that you fully understand the terms and interest rates, particularly if they change. Just be careful about applying for them; too many rejections can affect your credit rating negatively. You also mention in the comments that you're paying ""her"" mortgage. I don't know how the ownership is set up there, but either refinancing or taking out a home equity loan can be a way to consolidate debt. The interest rate on a home loan will almost assuredly be less than on your higher rate cards, especially taking the tax deduction into account. Step 2 is paying down the debt efficiently. The rule here is simple: Pay the minimum payment on all cards except for the one with the highest interest rate; any money you have above the minimum payments should go into paying down the principal on that one. In your case, that's Card #2.  Good luck!"


Question: Canada: New mortgage qualification rules, 2010: Why, what, & when in effect?

The new mortgage qualification rules were introduced to cool a hot Canadian housing real estate market. The rules are a pre-emptive measure intended to avoid a bubble (and later crash) in real estate. The government wants to make sure anybody buying a house can handle higher interest rates. Those rates, currently at record lows, are expected to go up later this year and into the future. The tighter mortgage rules include: Borrowers will need to qualify against a minimum standard 5-year fixed rate mortgage, even if they'll contract their mortgage at a lower or variable rate.  Previously, the 3-year fixed rate mortgage was used as the minimum qualification standard. The amount a homeowner can borrow in a refinanced mortgage drops to 90% of the home value, down from 95% of the home value.  A home is not meant to be an ATM machine. Anybody wanting to borrow to buy an investment property – i.e. a property that won't be their principal residence – will need a 20% downpayment instead of a 5% downpayment. The new rules go into effect April 19th, 2010.  However, according to the backgrounder (see below): Exceptions would be allowed after   April 19 where they are needed to   satisfy a binding purchase and sale,   financing, or refinancing agreement   entered into before April 19, 2010. Definitive information about the new rules can be found at the Department of Finance of Canada.  Specifically, refer to: Some additional news media sources:

"Sounds like you only have a vague idea of '08. JPM has always had one of the best balance sheets on the Street.  Personally I thought most of what he said was on point. I think a lot of people are also sick of ""listening to all the shit"" from DC. On both sides"

"My wife currently works for a Bain-backed company.  I've seen it more times than I can count: Bain buys US-based companies, keeps a fraction of the skilled-labor in the US, and ships mostly everything else to China/Mexico (more China at this point).  I understand why they do this (keeps costs down, increases profits, etc), but it still angers me to no end.  IMHO: Just because ""it works"", it doesn't make it right.  Greedy fucks."

The capital gain is counted as part of your income. So with a million capital gain you will be in a high tax bracket, and have to pay the corresponding capital gains tax rate on the million.

"The biggest problem with the company was that they had really good employees for a long time who were passionate about their jobs, but they then made progressing through the company awful in certain regions. For instance, at one point, if you wanted to become an assistant manager of your department, you had to agree to a rotation within your metro stores for what was basically a two dollar raise. You might start at a store two miles from your home, and then end up 30 miles from home. Then, six months later, be 40 miles away. So, a lot of people who were intelligent, looked at that and said ""Yeah, I can just stay here and make two dollars less. I live down the street.""  But, the worst part was: their employees were able to make the shitty systems work most of the time. So they were never viewed as shitty, despite the fact that their employees routinely told them of their shittiness and how awful they were to use.  Then they laid off the several thousand people (they used some very interesting calculations to come up with their 1500 person layoff figure a while back) who were responsible for keeping the ship afloat, and put all those duties on the backs of other people.  Disclosure: I was out before the layoffs. Left of my own free will, and still like the people I worked with. I left because I looked at moving up and was like: NOPE. These people are morons."

You can also consider getting GICs which offer early redemption - ING has pretty decent ones. Early redemption offers poorer interest than savings account, but if you go the full term the interest rates are better than savings account.

Yes brokers will act as a counter party in most cases, matching buyers and sellers or taking a position themselves if the hedge matches their needs.   Not sure if individuals can buy swaps through a broker.   One other point, depending on the credit worthiness of the out of the money party, collateral must be posted. This means if the value of the swap is $1000 to A (-$1000 to B), B must give A some safe asset (cash or treasuries) in case B cannot fulfill his obligation to oay $1.25.

It appears all you have to do is submit a form. It might be better if she submitted it herself instead of you doing it on her behalf.  All natural persons (individuals) and non-natural persons (businesses)   are entitled to access and inspect the data held on record about them   in the Central Credit Information System (KHR).


Question: why the currency data(such as USD/JPY) is different from different source

A day is a long time and the rate is not the same all day. Some sources will report a close price that averages the bid and ask. Some sources will report a volume-weighted average. Some will report the last transaction price. Some will report a time-weighted average. Some will average the highest and lowest prices for the interval. Different marketplaces will also have slightly different prices because different traders are present at each marketplace. Usually, the documentation will explain what method they use and you can choose the source whose method makes the most sense for your application.

>  I occasionally drive through a rough part of town and see the dumbest people just walking in the street. There is a sidewalk, but let's walk in the busy road instead.  They get used to walking in the street because of the poor conditions of the sidewalk.  Debris, broken-glass, overgrown.     While it is an extreme example, [this is a sidewalk I was trying to clear two weeks ago](http://i.imgur.com/KH2GuoG.jpg) in an urban area.

I don't know much about the convertible debt space, but it seems like this regulation may be a positive sign that the government is being proactive in preventing financial institutions from developing overly complex debt structures (at least on an on-going basis) that get the global economy back into trouble.  Does anyone with a more informed opinion than my own have something to share?

That is why you would *want* to apply for a patent right away, to protect yourself. Once you are in the system, someone cannot take your idea and patent it themselves.  If you do not think your idea is original or distinct enough to be granted a patent, then why would you even be exploring this avenue? Have you spoken with a patent attorney to determine whether your idea is worth going through the process?

The largest problem and source of anxiety / ruin for homeowners during the housing market collapse was caused by the inability to refinance. Many people had bought homes which they were stretched to afford, by using variable-rate mortgages.  These would typically offer a very attractive initial rate, with an annual cap on the potential increase of rate.  Many of these people intended to refinance their variable-rate to a fixed rate once terms were more favorable.  If their house won't appraise for the value needed to obtain a new loan, they are stuck in their current contract with potentially unfavorable rates in the later years (9.9% above prime was not unheard of.) Also, many people, especially those in areas of high inflation in the housing market, used a financial device known as a Balloon Mortgage, which essentially forced you to get a new loan after some number of years (2, 5, 10) when the entire note became due.  Some of those loans offered payments less than Principal + Interest! So, say you move near Los Angeles and can't afford the $1.2M for the 3-bedroom ranch in which you wish to live.  You might work out a deal with your mortgage broker/banker in which you agree contractually to only pay $500/month, with a balloon payment of $1.4M due in 5 years, which seemed like a good deal since you (and everyone else,) actually expect the house to be 'worth' $1.5M in 5 years. This type of thing was done all the time back in the day.  Now, imagine the housing bubble bursts and your $1.2M home is suddenly only valued at, perhaps, $750k.  You still owe $1.4M sometime in the next several years (maybe very soon, depending on timing,) and can only get approved financing for the current $750k value -- so you're basically anticipating becoming homeless and bankrupt within the same year. That is a source of much anxiety about being upside-down on a loan. See this question for an unfortunate example.

If you hold this money in USD and spend it in the US as USD, then there is no tax liability or reporting requirement at all.  You are not subject to any tax on foreign exchange gains and losses because you have not performed any foreign exchange.  CRA says a foreign exchange gain or loss happens when the fx transaction occurs—not as the currency’s value fluctuates while on deposit - and since you are never performing an fx transaction, no such issues will arise.  The CRA is not interested in how you spend your money, only the money that you earn.   The only possible tax liability that would arise in the circumstances that you describe would be the tax liability arising from interest earned while the cash in on deposit.  If this interest exceeds the threshold of reportability, then your bank will issue you with a T-slip to be included in your tax return.

The RDFI (Receiving Depository Institution) is the place where you keep your money and where the Debit is going to be made. Unfortunately the Debit did not go through for some kind of regulatory reason that I don't understand. You could ask them why people are not allowed to make ACH Debits there or you can try to pay through a different bank.

I didn't mean to discount her contribution to the company. On the contrary, I think what she does is great. She got into acting acting at a young age and made it big; she then leveraged her success to be a businesswoman. She won't be an actress forever, even attractive actresses like her will hit their expiration date sometime in their 30s. Being part of this start-up makes financial sense and is a great learning opportunity.


Question: How do UK Gilts interest rates and repayments work?

"A title such as ""5% Treasury Gilt 2020"" expresses the nominal yield.  In other words, 5% is the yield you will receive if you are able to buy the Gilt at the nominal (issue) price of GBP100. Of course, you will not be able to buy such a Gilt in today's market for the nominal price of GBP100.  It will be trading at a considerable premium and therefore, if you hold it until maturity you will realise a capital loss to offset the relatively high income you have received. Here is an example.  The ""8% June 2021 Gilt"" has a coupon of 8%.  To purchase a GBP100 nominal Gilt in today's market will cost you GBP135.89.  Thus, you will pay 135.89 to receive GBP8.00 income annually.  This represents a 5.88% yield (8/135.89 = 5.88%).  That sounds pretty good.  However, if you hold the Gilt until maturity you will only receive GBP100 on redemption and therefore you will experience a capital loss GBP35.89 on each Gilt purchased.  When this capital loss is taken into account it means that the 5.88% yield you are receiving as income will be offset by the capital loss so that you have earned the equivalent of 0.757% annually.  You can of course sell the Gilt before its 2021 maturity date, however as the maturity date gets closer the market price will get closer to the GBP100 nominal value and you will again face a capital loss.  There's no free ride in the markets.  5 year Gilts currently have a redemption yield of about 0.75%, while 10 year Gilts currently have a redemption yield of about 1.15%. You may also wish to note that buying Gilts in the open market requires a minimum purchase of GBP10,000 nominal value.  However, you can purchase small Gilt holdings through the post office."

> Hoarding more wealth is the solution?  To protect yourself from the coming financial apocalypse, yes.   > Deregulation?  Absolutely deregulate. These regulators keep bailing out banks with taxpayer money... not a very smart move, and not good for the average Joes.  > Starve people till the market corrects itself?  No, bro. The regulators are doing that. Hoarding wealth prevents one from starving, because they have enough funds saved up to buy food.

Darn. It sounds like Whole Foods is a store sent from heaven...  [The Lies that Whole Foods Tells](http://www.realclearscience.com/blog/2014/06/the_lies_that_whole_foods_tells_108701.html)  [Whole Foods sued over false 'all natural' claim on baked goods](http://www.naturalnews.com/045617_all_natural_Whole_Foods_lawsuit.html)  [Whole Foods sued over false advertising of sugar in goods](http://www.foxnews.com/food-drink/2015/07/14/whole-foods-sued-over-false-advertising-sugar-in-goods.html)   [Whole Foods caught in GMO marketing deception](http://www.naturalnews.com/037467_Whole_Foods_marketing_fraud_GMO.html#)  [Organic foods in Aldi are much lower than Whole Foods](http://www.dontwasteyourmoney.com/aldi-vs-whole-foods-stores-organic-options-better-wallet/)  [Is Whole Foods Wholesome?](http://www.slate.com/articles/arts/culturebox/2006/03/is_whole_foods_wholesome.html)

> However, the linked studies are essentially irrelevant to your bombastic claims; they still fail to backup your idea that literally everybody who consumes cannabis is a degenerate who lives with his/her parents and works a minimum wage job and is a danger to society. That remains an unproven (and unprovable) assertion  First of all, I never said all. But it seems to be a pattern among redditors. There is a correlation, just not proof.  You also can't prove its not true either.   >  My point was simply that your generalizations of marijuana consumers are spurious, close-minded and not based on any real research. You've yet to provide any counterfactual to that.  Do you think escaping reality by doing drugs all day everyday is a good way of dealing with your problems?

"I would strongly recommend the following: How to Win Friends & Influence People, 10x Rule, Built to Last, Good To Great, & The Innovators Dilemma  How to Win Friends & Influence People completely reshaped how I approach interactions with people both in & out of the work place - its worth picking up your own copy so you can refresh yourself every now & then.   The Innovators Dilemma by Clayton Christensen is one of those classic MBA starter kit books about product ideation & distruptive technologies in the market.   10x Rule is a solid ""beat your chest & take on the world"" type of self improvement books. I'd suggest the audio book as the guy's energy is quite compelling.   Built To Last & Good To Great are all about organizational leadership & are just all around great books if you're into team building.   I'd also suggest googling ""Pragmatic Marketing"" & picking up whatever they're plugging as the next latest & greatest book on product leadership. It's very much geared towards SaaS product management & agile development but there's good lessons to be learned for all professions. Also a Random Walk Down Wall Street is a go-to as well as pretty much anything by Warren Buffet."

"It's a front; a farce.  It's nearly suicide for a corporation (which relies on voluntary customers) to say they're ""against"" climate change - interpret that statement how you will.  So they say ""*oh yeah, environment, great stuff, we love it, pollution bad, green good - we'll reduce our CO2*"".  So they find some stupid project, reduce their emissions by whatever-% - ya know, throw a couple spare bucks at it, greenwash the shit out of it.  And probably get half those dollars back as a green tax credit anyway.  Meanwhile, their bottom line and day-to-day operations are largely unaffected.  And the costly stuff - MACT compliance, legislation, taxes - the things that make  environmental responsibility *really*  happen - they want no part of that.  So they pay of their politicians to promote that as ""*job killing*"" and quietly let them haggle over details.  Or better yet - stall indefinitely.  So everybody wins.  Kind of."

Yeah, she is a control freak... she sold the rights of pictures of her to some agency, who licensed them out.... she lost control.   So to this end, I think it's only fitting that we the people of the internet seek justice & irony.... we must go forth and photoshop actual dicks in place of the 7 inch burger.  Go now.... make it happen.

It depends on your situation. Situations may change. There are also other factors: Being free and clear is nice, but there is an opportunity cost.


Question: What could be the best tax saving option before a month of financial year end

I was thinking to do mix of ELSS and Tax Saving FDs. But is my choice correct? Also what other options I am left with? This depends on individual's choice and risk appetite. Generally at younger age, investment in ELSS / PPF is advisable. Other options are Life Insurance, Retirement Plans by Mutual Funds, NSC, etc

"After we fired a whole slew of higher paid employees with good benefits we waited. Then we re-hired a whole bunch more again at lower pay and bad benefits.   See! We made 800 jobs by ""restructuring"" and that's big news!  Seriously though, they've done this a few times over in Michigan already. Not sure why it's news now."

No. Income inside an RRSP is sheltered from income tax until you withdraw it. That is, indeed, the major benefit of RRSPs. Note that you will eventually declare this as income. Consider the following case: - in 2015, you make $1000 in income. - in 2015, you contribute $100 to your RRSPs. You store this in an account that pays interest, rather than investing it in stocks, bonds, or mutual funds. - between 2015 and 2025, your money makes an additional $100 in interest. - in 2025, you are retired and pull out the entire amount in your RRSP, i.e. $200. Now, between 2015 and 2025, you did not declare the income from interest. You'd have had to do this if the money was in a regular bank account (instead of an RRSP or a TFSA). Indeed, your bank would have issued tax forms in that case. But you don't report income sheltered in an RRSP. This is good, as it increases the power of compounding. In 2015, you pay tax on only $900 rather than the full $1000. In 2025, you pull out the entire $200. You report all $200 as income (or, actually, as a withdrawal from your RRSP, but it's the same thing). You pay tax on the initial $100 investment (which you did not do in 2015), and you also pay tax on the $100 that your investment has made (and which you are now pulling out). The hope is that your income is now lower, as you are retired. So you'll end up paying less income tax. Plus, your investment has had many years of opportunity to compound, tax-free. TL;DNR: You don't pay tax on, or report gains in, an RRSP account. The bank or investment house won't even issue tax forms, not until you withdraw the money.

My preferred method of doing this is to get a bank draft from the US in Euros and then pay it into the French bank (my countries are Canada and UK, but the principle is the same). The cost of the bank draft is about $8, so very little more than the ATM method. If you use bigger amounts it can be less overall cost. The disadvantage is that a bank draft takes a week or so to write and a few days to clear. So you would have to plan ahead. I would keep enough money in the French account for one visit, and top it up with a new bank draft every visit or two.

Here's one option:  Telephone is a lower-tech yet relatively more secure means for transmitting your payment information when a secure web site isn't available. And yet another option:  You could send them an encrypted email, but this would require tools (e.g. GPG), setup (public keys), and expertise on their end which they are unlikely to already have. However, ChrisInEdmonton raised a good point in his comment.  How can you consider them to be a reputable seller when they don't take basic precautions to protect customers' payment information online? The seller may with good faith charge your card the correct amount and deliver the goods that you expect, but how will they protect your credit card information once in their hands?  Would you trust their internal systems if they can't even set up an HTTPS web site?

"Don't compare investing with a roll of the dice, compare it with blackjack and the decision to stand or hit, or put more money on the table (double down or increase bet size) , based on an assessment of the state of the table and history.  A naive strategy of say ""always hitting to 16"" isn't as awful as randomly hitting and standing (which, from time to to time will draw to 21 fair and square) , but there's a basic strategy that gets close to 50% and by increasing or decreasing bet based on counting face cards can get into positive expectations. Randomly buying and selling stock is randomly hitting.  Buying a market index fund is like always hitting to 16.  Determining an asset allocation strategy and periodically rebalancing is basic strategy.  Adjusting allocations based on business cycle and economic indicators is turning skill into advantage."

Just general advice but you should pay off your credit cards and car loans before buying a house. Or you may be able to add some extra on to the mortgage to pay off your credit card and car debt right away. Credit card interest rates can be ten times the interest rates on mortgages and car loans are not far behind. The sooner you get them paid off completely the sooner you will have enough money for mortgage payments.

There are a few methods you can use to estimate your taxes. On the results screen, the app will show you your estimated tax burden, your estimated withholding for the year, and your estimated overpayment/refund or shortfall/tax due.  It may also have recommendations for you on how to adjust your W-4 (although, this late in the year, I think it only tells you to come back next year to reevaluate).   Your state might also have income tax, and if you are curious about that, you can find the state tax form and estimate your state income tax as well. My guess is that you will be getting a refund this year, as you have only worked half of the year.  But that is only a guess.


Question: Living in my own rental property

If it is a separate unit from the rest of the property,  you can use that portion as an investment property.  the part, or unit, you are living in is your primary residence. The remainder is your investment. You are eligible to not pay capital gains on the portion you live in After two years. As always consult a tax accountant For advice...  Also, if this is less then 4 unit, you may he able to finance the sale of the home with an FHA loan.

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"I hope I'm misunderstanding your plan... you want to invest in a way that will make SO MUCH that you pay back all of the loan payments with investment gains? Like the answer I gave on the preceding question, and like @littleadv's comment/mhoran's answers... don't do this. No good will come of it.  This strategy requires higher returns, but does not necessarily give you a better return.   But because you asked the question again, let me specify what you're missing... I do think that learning is a good thing. It boils down to two very significant problems that you haven't addressed:  (1) Where are you getting your monthly ""income"" from?  (2) Realistic vs. Daydreaming--How big do any gains have to be and does that exist in the real world in a way that you can capture?  In a nutshell, if my answer to the last question showed that it's crazy to invest and pay back out of your capital and income... since you're trying to keep your capital and only pay back with monthly gains, this one will require even higher and thus more unrealistic gains.  The model you're implying:  If that's what you mean with this model, (which I think you do), then here are my two very key questions again: How are you getting your monthly income? Financial investments (i.e. stocks or bonds) will have two components of value. One component of value is the stream of payments, such as a monthly dividend from stocks that pay those, or the interest payment from a bond. The other is the ability to resell a security to another investor, receiving back your capital.  So... you either have to find Bonds//Dividend stocks that pay >52% returns tax-free each year, and pay this loan off with the payments. (Or higher returns to cover taxes, but these kinds of investments do not exist for you.)  OR you can try to invest in something, pray that it goes up ≥4.323% per month and so that you can sell it, pay back your loan payment with the proceeds, and use the capital to buy your next investment... that will go up 4.323% per month, to turn and sell it again.  The pros that do model this type of speculation go into much more depth than you are capable of. They build models that incorporate probabilities for rates of return based on historical data. They have better information, and have specialized in calculating this all out. They even have access to better investment opportunities (like pre-IPO Twitter or private notes). You just won't find the opportunities to make this happen, each month, for 24 months. (Again, you won't find them. They do not exist for you in as an investor in securities) Realistic vs. Daydreaming So... clearly I hope that by now I have convinced you that these would be the required returns. They simply aren't available to you. If they were, you would still run into obstacles with converting 'book' returns into physical money that you could repay the loans with, and then continuing that growth.  And while I appreciate the notion that 'if I could just make the payments each month, I'd have $10,000 after 24 months!' I guarantee you that you'll be better off finding another way to target that same investment.  Along the lines of what mhoran said, if you aim for a basic 401K or other similar investment account and target it into the S&P500, you might see returns of anywhere from -25% to +25% over the next 24 months... but if things went like they tend to average for the S&P500, it's more like ~7% annually. Check out a ""savings target calculator"" like this one from Bankrate.com and put in the numbers... if you can save about $390 a month you'll be at $10K in 24 months. It's not as fun as the other, but you can actually expect to achieve that.  You will not find consistent >50% returns on your money annually."

Unlimited everything. I'm on my parents line so that's kinda a bummer but I'm never giving this up. I just got my girlfriend on it because it's so cheap. Also I never do the monthly payment plan. I always pay for for my phone's outright because it just makes more sense to me.

And therein lies the solution to 'studios charge per ticket.' If studios got a cut of food and drink instead, ticket prices could plummet back to barely covering A/C and janitorial services, and more butts would hit more seats holding more already-overpriced snacks.

http://www.glassdoor.com/ shows salaries collected over the past 5 years (I think thats when they launched the site?)  So $86k for a Bachelors degree with zero real world experience. If you've got some post-college experience, or a post-graduate degree you'll be starting in six figures.

"I see this as a silly question.  Neither country will become ""dominant"".  They're both mid-sized resource-based economies, and that won't change any time soon.  Australia has more copper, cattle, and gold, but Canada has more oil, wheat, potash, and timber.  The resource sectors in both economies will continue to thrive, unless the world economy tanks."

Amazon just delayed my entrance into e-books for a few years. First off, the prices are still crazy, and secondly, now you dont even own the shit you pay the same price as a paperback for.  They are managing to remove all of the benefits of going digital. I think they may be screwing themselves long term with these moves, publishers with integrity are going to start going around them..distributing e-books is very easy..


Question: Odds of early assignment for a short in the money call

It depends how deep in the money it is, compared to the dividend.  Even an in the money call has some time premium. As the call holder, if I exercise instead of selling the call, I am trading the potential for a dividend, which I won't receive, for getting that time premium back by selling.  Given the above, you'll notice a slight distortion in options pricing as a dividend date approaches, as the option will reflect not just the time premium, but the fact that exercising with grab the dividend.  Edit to address your comment - $10 stock, $9 strike, 50 cent div. If the option price is high, say $2, because there's a year till expiration, exercising makes no sense. If it's just $1.10, I gain 40 cents by exercising and selling after the dividend.

sure, and I'm happy they're getting paid more... this is important work. people shouldn't have to scrape by just because it's not the most desirable career.   but saying that increase in cost won't affect an increase in price and that average people will be better able to afford higher construction costs is misleading.   just because construction workers have more money in their pockets, doesn't mean the average person will have more as well.

The sense of entitlement absolutely horrors me. Suck it up, do whatever work they need you to do for the time being. You're an intern. AND you're getting paid.  Believe you me, there are a million others that would kill for a position like that and are in much worse circumstances. Don't take it for granted.

I would speak to your employer about direct deposit into one of your local casinos.  Its a simple matter of then arranging to purchase said lottery tickets with the casino's chips.  For a small convenience fee, I would imagine you could also arrange to have the casino automatically convert the chips to lottery tickets, redeem the winning tickets for you and give you a weekly report of your winnings.  Hope this helps.

"True, I'm studying for my second one now. I know that the exams are terrible, but that's kind of a draw-in for me. I don't go to Harvard or anything so I feel this could be my thing- an even better thing. As Tom Hanks said, ""The hard... is what makes it great.""  Why waste my one opportunity?"

"There are more than a few different ways to consider why someone may have a transaction in the stock market: Employee stock options - If part of my compensation comes from having options that vest over time, I may well sell shares at various points because I don't want so much of my new worth tied up in one company stock. Thus, some transactions may happen from people cashing out stock options. Shorting stocks - This is where one would sell borrowed stock that then gets replaced later. Thus, one could reverse the traditional buy and sell order in which case the buy is done to close the position rather than open one. Convertible debt - Some companies may have debt that come with warrants or options that allow the holder to acquire shares at a specific price. This would be similar to 1 in some ways though the holder may be a mutual fund or company in some cases. There is also some people that may seek high-yield stocks and want an income stream from the stock while others may just want capital appreciation and like stocks that may not pay dividends(Berkshire Hathaway being the classic example here). Others may be traders believing the stock will move one way or another in the short-term and want to profit from that. So, thus the stock market isn't necessarily as simple as you state initially. A terrorist attack may impact stocks in a couple ways to consider: Liquidity - In the case of the attacks of 9/11, the stock market was closed for a number of days which meant people couldn't trade to convert shares to cash or cash to shares. Thus, some people may pull out of the market out of fear of their money being ""locked up"" when they need to access it. If someone is retired and expects to get $x/quarter from their stocks and it appears that that may be in jeopardy, it could cause one to shift their asset allocation. Future profits - Some companies may have costs to rebuild offices and other losses that could put a temporary dent in profits. If there is a company that makes widgets and the factory is attacked, the company may have to stop making widgets for a while which would impact earnings, no? There can also be the perception that an attack is ""just the beginning"" and one could extrapolate out more attacks that may affect broader areas. Sometimes what recently happens with the stock market is expected to continue that can be dangerous as some people may believe the market has to continue like the recent past as that is how they think the future will be."

As mentioned in several other answers, the main reason for high rates is to maximize profit. However, here is another, smaller effect: The typical flow of getting money from an ATM: Suppose you have a minute to consider the offer, then in that time the currency may drop or rise (which you can see from an external source of information). Therefore this opens a window for abuse. For real major currencies these huge switches are rare, but they do happen. And when 1 or 2 minor currencies are involved these switches are more common. Just looking at a random pair for today (Botswana Pula to Haitian Gourde) I immediately spotted a moment where the exchange rate jumped by more than 2 %. This may not be the best example, but it shows why a large margin is desirable. Note that this argument only holds for when the customer knows in advance what the exchange rate would be, for cases where it is calculated afterwards I have not found any valid excuse for such large margins (except that it allows them to offer other services at a lower price because these transaction).

Most drugs addicted will begin the process of determining which program is best for their needs by deciding addiction treatment. If you are looking Drug and alcohol detox programs in Florida. The World Recovery Centers provide the best recovery program. An individual will develop the problem, and zero family history of addiction does not guarantee that someone will not develop an addiction to have attempted addiction treatment in the past, to struggle with suicidal thoughts or behaviors.


Question: Sell your home and invest in growth stock mutual fund

It wouldn't surprise me to see a country's return to show Inflation + 2-4%, on average. The members of this board are from all over the world, but those in a low inflation country, as the US,Canada, and Australia are right now, would be used to a long term return of 8-10%, with sub 2% inflation.  In your case, the 20% return is looking backwards, hindsight, and not a guarantee. Your country's 10 year bonds are just under 10%. The difference between the 10% gov bond and the 20% market return reflects the difference between a 'guaranteed' return vs a risky one.  Stocks and homes have different return profiles over the decades. A home tends to cost what some hour's pay per month can afford to finance.  (To explain - In the US, the median home cost will center around what the median earner can finance with about a week's pay per month. This is my own observation, and it tends to be correct in the long term. When median homes are too high or low compared to this, they must tend back toward equilibrium.)  Your home will grow in value according to my thesis, but an investment home has both value that can rise or fall, as well as the monthly rent. This provides total return as a stock had growth and dividends.  Regardless of country, I can't predict the future, only point out a potential flaw in your plan.

"Usually the new broker will take care of this for you. It can take a couple of weeks. If you are planning to go with Vanguard, you probably want to actually get an account at Vanguard, as Vanguard funds usually aren't ""No Transaction Fee"" funds with many brokers. If you are planning to invest in ETFs, you'll get more flexibility with a broker."

You own the stock at $29.42 At $40, the stocks is called at $26. You can't add the call premium, as it's already accounted for. The trade is biased towards being bearish on the stock. (I edited and added the graph the evening I answered)  Not the pretiest graph, but you get the idea. With that $29.42 cost, you are in the money till about $30, then go negative until the most you lose is $3.42.

I was nervous when they bought Marvel... but then they gambled on Whedon with *The Avengers*, and made the third-highest-grossing movie of all time *and* a genuinely good film that was liked by critics and audiences... so I think they'll do better than Lucas.

If you want to use the original material then you will, essentially, need to negotiate for it.  You are in ugly, muddy territory.  Don't expect a simple, easy legal solution to exist; civil courts exist partly to help navigate these kinds of quagmires.  A negotiated solution would, on the other hand, clean everything up nicely.  Do you have your copyright ducks in a row?  If the contract does not stipulate otherwise, the creator will still maintain reproduction and moral copyright to the work; i.e., the creator will continue to own the copyrights to the work and you'll be unable to license or sell them to a third party.

"Hard pulls you give your explicit permission to run do affect your credit.  Soft pulls do not. While hard pulls affect your score, they don't affect it much.  Maybe a couple few point for a little while.  In your daily activities, it is inconsequential.  If you are prepping to get a mortgage, you should be mindful. Similar type hard pulls in a certain time window will only count once, because it is assume you are shopping.  For example, mortgage shopping will result in a lot of hard pulls, but if they are all done in a fortnight, they only count against once.  (I believe the time window is actually a month, but I have always had two weeks in my head as the safe window.) The reason soft pulls don't matter is because businesses typically won't make credit decisions based on them.  A soft pull is so a business can find a list of people to make offers to, but that doesn't mean they ACTUALLY qualify.  Only the information in a hard pull will tell them that.  I don't know, but I suspect it is more along the lines of ""give me everybody who is between 600 and 800 and lives in zip code 12344"" not ""what is series0ne's credit score?"" A hard pull will lower your score because of a scenario where you open up many many lines of credit in a short period of time.  The credit scoring models assume (I am guessing) that you are going to implode.  You are either attempting to cover obligations you can't handle, or you are about to create a bunch of obligations you can't handle. Credit should be used as a convenient method of payment, not a source of wealth.  As such, each credit line you open in a short time lowers the score.  You are disincentivized to continue opening lines, and lenders at the end of your credit line opening spree will see you as riskier than the first."

You're going to want to work with a collection agency or law firm that specializes in collections. They'll buy the debt from you for something like 10-25% depending on the state and whether they are interested in something this small. People who don't pay rent and get wages garnished for $6k are a bad risk. They'll discount the judgement significantly since the risk of bankruptcy is probably pretty high.

You ever think it's Americans and not the workers? Hard to give up your 1gb speed to go to 2mb and no signal on your phone in bumpkinville for $5 over min wage breaking your back outside. To top it off not many people have the money to uproot their life and move out to the country for shit wages.


Question: Is there a good rule of thumb for how much I should have set aside as emergency cash?

If you are still paying off debt, then you should have about $1000 in savings and put all you can towards non-mortgage debt. If you don't have any debt besides your mortgage, then add up all of your monthly expenses including food, gas, utilities and keep 3-6 months in liquid savings. Whether you keep 3 or 6 months depends on how safe your income is. If you have a steady safe job, you might be safe with 3 months. But, if your employer is cutting back or you are in a commission based job or self employed - then lean more towards 6 months expenses. Congrats on your new home!

Email marketing has numerous advantages to the business.  It's is very growable for any business. You can send marketing messages at once to thousands of clients, which helps you to save time. If you want to Email marketing gainesville fl for your small business, then you can visit our website. We will provide you many internet marketing campaigns. Our service packeges are  less expensive compared to other marketing company.

PayPal does charge a premium, both for sending and receiving. Here's how you find their rates:

I don't see how it contrasts with any other the other advise here.  I even gave the advice to hold people accountable.  If anything my advise was more hard-line then most that's been given here.  I think you either misread what I wrote or you're completely off base.

If you find a particular stock to be overvalued at $200 for example and a reasonable value at $175, you can place a limit order at the price you want to pay. If/when the stock price falls to your desired purchase price, the transaction takes place. Your broker can explain how long a limit order can stay open. This method allows you to take advantage of flash crashes when some savvy stock trader decides to game the market. This tactic works better with more volatile or low-volume stocks. If it works for an S&P500 tracking ETF, you have bigger problems. :) Another tactic is to put money into your brokerage cash account on a regular basis and buy those expensive stocks & funds when you have accumulated enough money to do so. This money won't earn you any interest while it sits in the cash account, but it's there, ready to be deployed at a moment's notice when you have enough to purchase those expensive assets.

When did it become a verb? Early 19th century: http://en.wikipedia.org/wiki/Bootstrapping  You can keep on repeating yourself -- wow, that Amway comparison sure is powerful, don't wanna overuse it now -- but it's no use, really.   Oh, and the income stated is for 2011. I don't know if you realized this, but 2011 is basically over. Thanks.

And then there's Washington, DC, which subsidized fiber throughout the city but cannot lease it commercially due to red tape.  EDIT:  I hate making statements like this without support:  >  But it’s unlikely that we’ll see last-mile service directly from the District. That’s because the city’s franchise agreements with Internet service providers like Verizon and Comcast prohibit the District from competing with these companies by offering its own service.  [washingtoncitypaper.com](http://www.washingtoncitypaper.com/blogs/housingcomplex/2013/05/01/fiber-optical-illusion/)

Something you may want to consider if you are still choosing a bill-paying service is the contingency policies of the service.   I just suffered an extended stay in a hospital and my officially (in writing) designated Power of Attorney was NOT granted access to my PAYTRUST account.  Thus they could NOT take care of my finances easily.  After my discharge, I contacted PAYTRUST and they had canceled my account and would not reactivate it.  This is after over fifteen years of loyalty.  Needless to say there was much financial chaos in my life due to their negligence.  They were staunch in their policy and said officially that if they need to acknowledge a Power of Attorney, the ONLY thing they will allow the POA to do is close the PAYTRUST account.  How's that for customer service?!  Caveat Emptor. I am now seeking another service and will be asking about their POA policies.


Question: Interaction between health exchange and under-65 Medicare coverage

First off, you should contact your health plan administrator as soon as possible.  Different plans may interact differently with Medicare; any advice we could provide here would be tentative at best.  Some of the issues you may face: A person with both Medicare and a QHP would potentially have primary coverage from 2 sources: Medicare and the QHP. No federal law addresses this situation. Under state insurance law an individual generally cannot collect full benefits from each of 2 policies that together pay more than an insured event costs. State law usually specifies how insurance companies will coordinate health benefits when a person has primary coverage from more than one source. In that situation, insurance companies determine which coverage is primary and which is secondary. It’s important to understand that a QHP is not structured to pay secondary benefits, nor are the premiums calculated or adjusted for secondary payment. In addition, a person with Medicare would no longer receive any premium assistance or subsidies under the federal law. While previous federal law makes it illegal for insurance companies to knowingly sell coverage that duplicates Medicare’s coverage when someone is entitled to or enrolled in Medicare Part A or Part B, there has been no guidance on the issue of someone who already has individual health insurance and then also enrolls in Medicare. We and other consumer organizations have asked state and federal officials for clarification on this complicated situation. As such, it likely is up to the plan how they choose to pay - and I wouldn't expect them to pay much if they think they can avoid it.  You may also want to talk to someone at your local Medicare branch office - they may know more about your state specifically; or someone in your state's department of health/human services, or whomever administers the Exchanges (if it's not federal) in your state. Secondly, as far as enrolling for Part B, you should be aware that if she opts not to enroll in Part B at this time, if your wife later chooses to enroll before she turns 65 she will be required to pay a penalty of 10% per 12 month period she was not enrolled.  This will revert to 0 when she turns 65 and is then eligible under normal rules, but it will apply every year until then.  If she's enrolling during the normal General Enrollment period (Jan-March) then if she fails to enroll then she'll be required to pay that penalty if she later enrolls; if this is a Special Enrollment Period and extends beyond March, she may have the choice of enrolling next year without penalty.

1. High-resolution photos taken on 12 June 2009 from the International Space Station of Sarychev Peak volcano erupting on Matua Island, Kuril Islands, Russian Federation: http://chamorrobible.org/gpw/gpw-200906.htm  2. The eruption plume of Russia's Kliuchevskoi Volcano photographed on 16 November 2013 from the International Space Station: [4048 x 2698 pixels](http://chamorrobible.org/images/photos/gpw-201404-NASA-ISS038-E-5513-Kliuchevskoi-volcano-plume-Russian-Federation-20131116-large.jpg), [6048 x 4032 pixels](http://chamorrobible.org/images/photos/gpw-201404-NASA-ISS038-E-5513-Kliuchevskoi-volcano-plume-Russian-Federation-20131116-huge.jpg)      Source: http://chamorrobible.org/gpw/gpw-201404.htm

I have just established a limited company (three directors spread around the UK) and I am in the process of setting up a business account. We will be able to arrange everything over the phone and each of us will have to appear in one of the branches with original documents: passport, bank statement. We are EU citizens and have UK bank accounts for over 5 years. That would probably be a problem for you. But still, you can try to call around and see if you can find a company to help you. You can also setup an account on one of the online currency exchange websites and then provide your customers with the website's bank account details with appropriate reference. You would have to check the legal side of this solution.

I would definitely pay down the debt first.  If it is going to take 15 years to do so, you probably need to allocate more money to paying down debt. Cut expenses by going out to eat less, and keeping spending to the bare necessities.  You might even consider getting a second job, just for paying down the debt.  If that isn't enough, consider selling off some assets.  You should be able to come up with a plan to be debt free (excluding maybe a regular mortgage) within 3-5 years. Once the only debt you have is a home mortgage, then its time to look at putting money towards retirement again. Note, you should not take money out of a 401k or IRA to pay off debt.  The costs for doing so are nearly always too great.

Seconded, just passed my 7 with a 91 and never scored better than the mid 80s on the practice tests.  Also don't bother with reading the book much.  Just use the practice tests and answers for most of your study.  Do consult the book to see what chapters are weighted heavily on the exam to know where to focus.

In day trading, you're trying to predict the immediate fluctuations of an essentially random system.  In long-term investing, you're trying to assess the strength of a company over a period of time. You also have frequent opportunities to assess your position and either add to it or get out.

The CPA's mention of $2,500 is probably referring to the recently increased de minimis safe harbor under the final tangible property regulations (used to be $500) without an applicable financial statement. The IRS will not challenge your choice of expense or capitalization on amounts on or below $2500 if you elect the de minimis safe harbor election on your return. However, you must follow whatever you're doing for your books. (So if you are capitalizing your laptops for book purposes, you would also need to capitalize for tax purposes). Section 179 allows you to expense property that you would have otherwise have had to capitalize and depreciate. Section 179 can be annoying, especially if your LLC is treated as a passthrough, because there are recapture provisions when you dispose of the asset too early. For the tax return preparer, it makes the return preparation much more simple if there are no fixed assets to account for in the first place, which is quite possible if you are expensive all items/invoices less than $2,500.

Not only are they high volume but also most finish materials are very basic. For example lighting fixtures, most builders put ceiling fans in all bedrooms ($75) where Rausch coleman uses a flush mount ($15) in the spare bedrooms.  Same with flooring they use a vinyl plank where most builders use wood. This can be $1sqft or more cheaper. Cabinets, carpet, tile, countertops, faucets, all they same. These are all cosmetics and you can save a ton of money while building by doing this and still build a quality home. Rausch Coleman builds a quality home at an affordable price by keeping the cosmetics basic.


Question: Is Bitcoin a commodity or a currency [duplicate]

It has properties of both.  Tax authorities will eventually give their opinion on this.  Through its properties of finite quantity, fungibility, and resistance to forgery/duplication, it acts as a commodity.  It can be sent directly between any two parties anywhere on Earth, without regard for the quantity transacted or physical distance, to act as a currency. By the way, establishing trust in a trust-free environment through cryptographic proof-of-work is a remarkable invention.  Sending economic value, cheaply and securely, around the world in minutes, not days/weeks, is a remarkable invention.  This is where the value comes from.

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.

I litigated several of these cases to settlement back in 2011-2013 (the cases that followed on the Wells Fargo settlement out in NDCA).  Many many banks were using the same few consultants who were pitching the same few computer programs to re-order transactions in order to maximize fee revenue.  It was becoming standard industry practice until Judge Alsup entered the $200mm+ judgment against Wells Fargo for their California customers.  After that, lawyers did what we do and descended on any other bank doing the same thing.  As part of the settlements, the banks agreed to stop reordering transactions to maximize fee revenue (typically agreeing to order deposits first, then debits as they were presented to the bank).   Class action attorneys get a bad rap (sometimes justifiably so), but there are many more instances like this where we catch bad actors actually hurting people.

Unprintable, yes, it's a scam. Nobody will ever have any legitimate reason to run money through your account. Period.

A January 2000 study from McGill University in Montreal ranked Milwaukee 6th in a list of U.S. and Canadian cities with the highest number of college students per 100 residents. A list of college within 1 hour from Milwaukee: university of Milwaukee, university of Wisconsin, Marquette university, Northwestern University, Alverno College, Cardinal Stritch University, Medical College of Wisconsin, Milwaukee Area Technical College, Milwaukee Institute of Art and Design, Milwaukee School of Engineering, Mount Mary College, Wisconsin Lutheran College, Concordia University Wisconsin, Lakeland College, University Wisconsin Whitewater, Northern Illinois University.

I took the BAT after my first semester of my freshman year. At the time I was winding up my microeconomics class. While I lacked the classical schooling, I've been investing for the past 3 years, so I'm pretty familiar with stocks, bonds, derivatives, and the like. I ended up scoring in the 50th percentile, which I was pleasantly surprised by.  The test is a mile wide and an inch deep. The math is incredibly easy, and it's all very straight forward. What got me was the accounting. I had no accounting experience beyond just examining a very basic balance sheet from time to time.

New Zeeland is quite prone to earthquakes, that is why low buildings are popular.  Also, it is the foreigners that are the problem. They do drive the price up. Especially some 'lucky' house numbers are really wanted by Chinese immigrants.  But there's nothing you can do about it. Instead of foreigners buying houses, it will be companies registered in New Zealand that will buy them. Those measures will only hit middle class immigrants, not richer people who are driving prices up.

First you need to distinguish between short-term and long-term capital gains. In an IRA you can use investment strategies that incur short-term capital gains without being taxed as ordinary income. As mentioned in a comment above, with a Roth IRA, you can invest now at your low income tax rates and withdraw all gains without incurring any taxes at retirement time. You can also pull out your contributions penalty free before retirement age (59 1/2) if you've had the account for more than 5 years. You only pay taxes and penalties on the earnings. You can also make withdrawals for education expenses and you have one lifetime exclusion of $10,000 for a down-payment on a house.


Question: What significant negative factors affect Yahoo's valuation?

There are two very large negative factors that affect Yahoo's valuation.   The first is that their search business is in decline and continues to lose ground to Google and even Bing.  There's no sign that they have any plan or product in the works to offset this decline, so there's tremendous uncertainty about the company's forward-looking revenues. The second is that the company can't seem to decide what to do with its stake in Alibaba, clearly the company's most valuable asset.  It they sell it, the question then becomes what they plan to do with the proceeds.  Will they do share buybacks or offer a special dividend to reward investors?  Will they use some or all of the money to make strategic acquisitions that are revenue-enhancing?  Will they use it to develop new products/services?   Keep in mind one other thing here, too.  There's a world of difference between what something is valued at and what someone's willing to actually pay for it.  A patent portfolio is great and perhaps holds good value, assuming the buyer can find a way to monetize it.  How exactly was the valuation of the patents arrived at, and are they worthwhile enough for someone to pay anywhere close to that valuation?   There's more to this than meets the eye by using a first-blush look at asset valuation, and that's where the professionals come in.  My bet is that they have it right and there's something the rest of the market doesn't see or understand about it, hence questions like yours. I hope this helps. Good luck!

Heh I'm more baffled by the sheer size of the collection I shared with my siblings. It must have seriously reached about 75k to 100k pieces. My parents were not well off at the time, but they never bought us cheap crap. Instead they just kept feeding more LEGO into the collection. I never fully appreciated them for it at the time. Looking back now I'm almost ashamed of how spoiled I was.

Although I do agree in many cases that is very convenient, I also think people still like to see in person and touch the products their buying when it comes to food. But thats just my opinion I may be wrong.

And they get paid like everyone else. Is the worker more important than anyone else? Or are they equal? And as equals should they not pay the same rate for the same services as anyone else? Walmart doesn't treat you any different based on account status, neither does any other voluntary service provider. Why does an involuntary service provider get the right to discriminate based on success? McDonald's doesn't do a survey of the in store customers and make a segment pay more than another so they can eat for free. Im not sure how people can fight inequality by treating people unequally.

Here's how the CBO says the top 1% get their income:     Source|% from source :--------|---------: Cash Wages and Salaries|33.4% Business Income|23.2% Capital Gains|19.1% Capital Income|11.2% Corporate Tax Borne by Capital|7.3% Other Income|3.2% Employer's Share of Payroll Taxes|0.9% Employee's Contributions to Deferred Compensation Plans|0.7% Employer's Contributions to Health Insurance|0.5%

Summarized article: With declining sales over the last 6 years, Sears is now testing new store designs in Chicago, New York, Los Angeles and Dallas locations.   The revamping initiative is part of new Merchandising Chief Ron Boire's efforts to recapture customers lost to Wal-Mart and Target.   The store redesign will include placing best selling products, such as the Kardashian family clothing line, prominently near the entrance to the mall and cashier stations will be smaller and located throughout. Stores will also be less packed with merchandise so products will be easier for customers to find.    Additionally, Sears' website and social media sites will be revamped to make them more personalized with local ads as well as offer a customer loyalty program.  *For more summarized news, subscribe to the [/r/SkimThat](http://www.reddit.com/r/SkimThat) subreddit*

A Certified Financial Planner has passed a licensing exam and will advise you and help you reach your financial goals. A good CFP can help you a lot, especially if you are unsure how to set up your insurance, investment, savings, and financial plans on your own. You do not need a CFP to get a life insurance policy. If you do get a CFP, he or she should help you above and beyond life insurance -- i.e. retirement planning, investment advice, education planning, etc. It's advantageous to you to pay a fixed price for services instead of a percentage or commission. Negotiate fees up front. For life insurance, in most cases a term policy will fit your needs. Whole life, universal life, etc., combine investments and life insurance into a single product and are big commission makers for the salesman. They make it sound like the best thing ever, so be aware. One of my rules of thumb is that, generally speaking, the larger the commission is for the salesperson, the worse the product is for the consumer. Welcome to life insurance pitches. Term life is far less expensive and provides a death benefit and nothing else. If you just had a baby and need to protect your family, for example, term life is often a good solution, easy to buy, and inexpensive. As you stated, any of the major providers will do just fine.

As has been pointed out, one isn't cheaper than the other. One may have a lower price per share than the other, but that's not the same thing. Let's pretend that the total market valuation of all the stocks within the index was $10,000,000. (Look, I said let's pretend.) You want to invest $1,000. For the time being, let's also pretend that your purchasing 0.01% of all the stock won't affect prices anywhere. One company splits the index into 10,000 parts worth $1,000 each. The other splits the same index into 10,000,000 parts worth $1 each. Both track the underlying index perfectly. If you invest $1,000 with the first company, you get one part; if you invest $1,000 with the second, you get 1,000 parts. Ignoring spreads, transaction fees and the like, immediately after the purchase, both are worth exactly $1,000 to you. Now, suppose the index goes up 2%. The first company's shares of the index (of which you would have exactly one) are now worth $1,020 each, and the second company's shares of the index (of which you would have exactly 1,000) are worth $1.02 each. In each case, you now have index shares valued at $1,020 for a 2% increase ($1,020 / $1,000 = 1.02 = 102% of your original investment). As you can see, there is no reason to look at the price per share unless you have to buy in terms of whole shares, which is common in the stock market but not necessarily common at all in mutual funds. Because in this case, both funds track the same underlying index, there is no real reason to purchase one rather than the other because you believe they will perform differently. In an ideal world, the two will perform exactly equally. The way to compare the price of mutual funds is to look at the expense ratio. The lower the expense ratio is, the cheaper the fund is, and the less of your money is being eroded every day in fees. Unless you have some very good reason to do differently, that is how you should compare the price of any investment vehicles that track the same underlying commodity (in this case, the S&P 500).


Question: Overnight charges for brokers holding stocks?

If you are trading CFDs, which are usually traded on margin, you will usually be charged an overnight financing fee for long positions held overnight and you will receive an overnight financing credit for short positions held overnight. Most CFD brokers will have their overnight financing rates set at + or - 2.5% or 3% from the country's official interest rates. So if your country's official interest rate is 5% and your broker uses + or - 2.5%, you will get a 2.5% credit for any short positions held overnight and pay 7.5% fee for any long positions held overnight. In Australia the official interest rate is 2.5%, so I get 0% for short positions and pay 5% for long positions held overnight. If you are looking to hold positions open long term (especially long positions) you might think twice before using CFDs to trade as you may end up paying quite a bit in interest over a long period of time. These financing fees are charged because you are borrowing the funds to open your positions, If you buy shares directly you would not be charged such overnight financing fees.

Well if that looks like a pain in the neck, just look at the things we've engineered before (ocean floor drilling, mountaintop removal, the International Space Station, etc.) Even coal fired power plants are an engineering nightmare. These gravity batteries would be pieces of cake compared to what I just mentioned.  Also, certain labs (I can't name them off the top of my head) are developing carbon fiber power lines that would have virtually no electrical resistance and wouldn't lose any power to heat. In light of that, do you think renewables would be feasible?

There are so many free websites that it's really hard to get customers to pay for your service. On the other hand, quality news apps are rarer, which is why I think subscription-based content on mobile has a wider future than it's online variant.

As has already been mentioned, measure, change, measure.  Stopping vampiric power drain in the items you mentioned is going to save you very little electricity or money. There are much larger power users in your home that can be tackled first. If you have a fridge, freezer, and electric water heater on Time-Of-Use billing, shifting their energy usage to off-peak hours can yield significant monetary savings. I have put my water heater on a timer that turns the thing on 3 hours before I get up and shower, and turns off just before shower time. I get more than enough hot water for showers, and the heater isn't maintaining a tank of hot water during the day or night when I don't need it. Same can be done with your fridge and freezer. Set the fridge a little colder and run it off-peak and your food will stay cold/frozen during the day.  Note that while putting the water heater on a timer may get you both money and electricity, doing the same for the fridge and freezer will only get you financial savings as you time-shift your electric usage. I was able to get a 20% saving on my electric bill by time-shifting my water heater and fridge. Your mileage may vary.

any business selling for only 1,000 will not be worth getting into. marketing alone should cost you more than that if you have any genuine hope of turning a profit. buy some books instead. work for someone, learn the ropes, read books, practice what you read at work, then start something with your savings in 5 years.

Rent deposit returned to you is not an income. Its your money to begin with. The homeowner is taxed on taking it and can expense the refund, but for you - there's no taxable event. ATM rebate is what it is - rebate. A cash discount over the money paid. Basically - the bank refunded you a fee you paid (ATM rebate is a refund of the ATM fee you paid to a third-party ATM operator). Again - your money. The ATM operator and the bank both have taxable income/deduction, but its not your problem. You - just got your money back. No income, no taxable event. Neither should appear on your tax forms, and similarly nor should credit card points, cash rebates, frequent flyer miles, etc. All are in fact either a refund of your money paid or a merchant discount to you, not an income.

"Lots of people make poor decisions in crises.  Some panic, and don't make any decision at all. Insurance for affordable things can provide emotional security:  If something goes wrong, the purchaser will not have to make a painful financial decision in a crisis.  Many people do not want to have the burden of arguing about money, or having to spend precious cash, or borrow money, or raid savings accounts, just at the time they are already reeling from another loss.  Having insurance ""just take care of it"" can save them an emotional double-whammy.   Several kinds of insurance fill this perceived need:"

Foreign stocks have two extra sources of risk attached to them; exchange rate and political.  Exchange rate risk is obvious; if I buy a stock in a foreign currency and there is a currency movement that makes that investment worth less I lose money no matter what the stock does. This can be offset using exchange rate swaps. (This is ceteris paribus, of course; changes in exchange rate can give a comparative advantage to international and exporting companies that will improve the fundamentals and so increase the price of the stock relative to a local firm. The economics of the firms in particular are not explored in this answer as it would get too complicated and long if I did.) Political risk relates not only to the problems surrounding international politics such as a country deciding that foreign nationals may no longer own shares in their national industries or deciding to seize foreign nationals' assets as happens in some areas. Your home country may also decide to apply sanctions to the country in which you are invested thus making it impossible to get your money back even though the foreign country will allow you to redeem them or sell. Diplomatic relations and trade agreements tend to be difficult. There are further problems in lack of understanding of foreign countries' laws, tax code, customs etc. relating to investments and the necessity to find legal representation in a country you may never have visited if there are issues. There is also a hidden risk in that, as an individual investor, you are not likely to be reading the local financial news for that country regularly enough to spot company specific issues arising. By the time these issues get into international media its far too late as all of the local investors have sold out of their positions already. The risks are probably no different if you have the time to monitor international relations and the foreign country's news, and have FX swaps in place to counteract FX risk as the funds and investment banks do but as an individual investor the time required is not feasible.