Question: New York State - NY Tax on Foreign Sourced Income for NY Non-Resident

"For Non-Resident filers, New York taxes New York-sourced income. That includes: real or tangible personal property located in New York State   (including certain gains or losses from the sale or exchange of an   interest in an entity that owns real property in New York State); services performed in New York State; a business, trade, profession, or occupation carried on in New York State; and a New York S corporation in which you are a shareholder (including   installment income from an IRC 453 transaction). There are some exclusions as well. It is all covered in the instructions to form IT-203. However, keep in mind that ""filing"" as non-resident doesn't make you non-resident. If you spend 184 days or more in New York State, and you have a place to stay there - you are resident. See definitions here. Even if you don't actually live there and consider yourself a CT resident."

actually I don't mind at all. I am still playing the last word game really. You are the one attempting to make salient points. I made it clear long ago my intention was to make light of this from here on.  How LOW can we go!?

Dividends would be a possible factor you are ignoring.  If Dell has another quarter or two to pay out dividends that could account for some of the difference there. I don't think there is a confirmed date of when the deal is done yet other than around the end of Dell's second quarter which was in the LA Times link you cited. There is also the potential for the terms of the deal to be revised that is another possibility here.  Have you examined other deals where a public company went private to see how the stock performed in the last few months before the deal closed?

You should check this with a tax accountant or tax preparation expert, but I encountered a similar situation in Canada. Your ISA income does count as income in a foreign country, and it is not tax exempt (the tax exemption is only because the British government specifically says so). You would need to declare the income to the foreign government who would almost certainly charge you tax on it. There are a couple of reasons why you should probably keep the funds in the ISA, especially if you are looking to return. First contribution limits are per year, so if you took the money out now you would have to use future contribution room to put it back. Second almost all UK savings accounts deduct tax at source, and its frankly a pain to get it back. Leaving the money in an ISA saves you that hassle, or the equal hassle of transferring it to an offshore account.

"The problem is, who is going to be left holding the coins when the market is over?  That's one of the things that really turns me away from cryptocurrency. The idea of a decentralized currency, I really love. But I can't help but feel they are all basically Ponzi schemes.   People invent new types of cryptocurrency (like Ethereum) and the creators have the first chance to mine the coins with zero competition since no one else knows it's a currency yet. After they mine several million coins, they publicize the new currency and a bunch of short term investors buy into it and hoard up the coins because they are into it for short term gains. The price of this sexy new cryptocurrency spikes with all this interest, and then when the price is high the big early investors dump their coins on the ""casuals"" who frequent cryptocurrency forums. These users all proclaim how it's so much safer than the dollar and this particular cryptocurrency is better than the other cryptocurrencies so they buy into it... and meanwhile some hot new startup just spun up some even newer cryptocurrency and is mining it while investors hype it up...  There are over a dozen cryptocurrencies now, how many were hyped up as the next big thing with news headlines like this? How many tens of millions of dollars of hard earned savings were taken from cryptocurrency supporters who wanted a safe alternative to fiat currencies? It's just sad really, half these currencies are just exploiting people's fear of fiat currency and basically using that fear to scam them."

"That sounds like a particularly egregious version of exclusivity. However, the way that you could handle that is to include a ""contingency"" in your purchase agreement stating that your offer is contingent upon the seller paying the brokerage fee. The argument against this, and something your broker might use to encourage you not to do so, is that it makes your offer less attractive to the buyer. If they have two offers in hand for the same price, one with contingencies and one without, they will likely take the no-contingency offer. In my area, right now, house offers are being made without very common contingencies like a financing contingency (meaning you can back out if you can't finance the property) or an inspection contingency. So, if your market is really competitive, this may not work. One last thought is that you could also use this to negotiate with your broker. Simply say you're only sign this expecting that any offer would have such a contingency. If it's untenable in your current market, it will likely cause your broker to move on. Either way, I'd say you should push back and potentially talk to some other brokers. A good broker is worth their weight in gold, and a bad one will cost you a boat load. And if you're in Seattle, I'll introduce you to literally the best one in the world. :-)"

"An index is just a mathematical calculation based on stock prices. Anyone can create such a calculation and (given a little effort) publish it based on publicly available data. The question of ""open source"" is simply whether or not the calculator chooses to publish the calculation used. Given how easy an index is to create, the issue is not the ""open source"" nature or otherwise, but its credibility and usefulness."

"I agree with this argument. Finance, legal, and tax compliance industries are bogus and add dubious value at best. The creation of more wealth helps those that created the wealth the most, but it oftentimes also does help everyone else as well (think: Steve Jobs & his company's many creations).  But I also believe that if you had a ""full equalizer day"" and redistributed all the wealth in the US so that each of us had the same amount of money (we'd each roughly have $255,000 if my math is correct), then within 1 generation you'd already see a similar wealth distribution to what we have now. Most would consume more- rather than invest- and it would only be a temporary fix.  It's a rarity to find people advocating for changing the system that creates inequality (the Fed currently being the biggest perp) instead of simply trying to redistribute the results of that system."


Question: Execute or trade an options contract?

Your math shows that you bought an 'at the money' option for .35 and when the stock is $1 above the strike, your $35 (options trade as a contract for 100 shares) is now worth $100. You knew this, just spelling it out for future readers.  1 - Yes 2 - An execute/sell may not be nesesary, the ooption will have time value right until expiration, and most ofter the bid/ask will favor selling the option. You should ask the broker what the margin requirement is for an execute/sell. Keep in mind this usually cannot be done on line, if I recall, when I wanted to execute, it was a (n expensive) manual order. 3 - I think I answered in (2), but in general they are not identical, the bid/ask on options can get crazy. Just look at some thinly traded strikes and you'll see what I mean.

"Writers for tech publications get paid less than peanuts. In all likelihood, this guy received two similar press releases/pitches from PR firms and he was like ""oh look, a trend"" and did no further research because he had to crank out five more articles in one day (which he did) to make enough money to survive.      (Source: I am not this guy, but I was just like him for about eight years.)"

>They are just paper that is worth what it's worth because everyone agrees to accept it.  This is only partly true, and it's slightly misleading.  Fiat currencies' root value comes from *legal tender laws*, which stipulate that they are honored as settling all debts (both public and private).  So they have a distinct (and unfair) legal advantage over other potential currencies.  Americans don't arbitrarily choose to use USD, just like the Danes don't arbitrarily choose to use Kroner, or the Italians use Euro.  It's written in law.  Your OP's are also misleading in the fact they are talking about credit derivatives (currencies) as though they were *emergent money*.  They are not.

Pay the the smallest balance first. The sooner you pay that off, the sooner you can pay more on the mortgage.

Take a look at Google Checkout but keep in mind that there is a different list of countries that they support as sellers vs. buyers. The buyer list is much more comprehensive, and I believe covers CIS (Russia, Ukraine and Belarus) while the seller list does not (yet) which means that your client will need to create a U.S. or U.K. based entity to accept payments, however they will be able to accept payments from buyers both in CIS and internationally.  Удачи.

P/E ratio is useful but limited as others have said. Another problem is that it doesn't show leverage. Two companies in the same industry could have the same P/E but be differently leveraged. In that case I would buy the company with more equity and less debt as it should be a less risky investment. To compare companies and take leverage/debt into account you could use the EV/EBIT ratio instead. Its slightly more complicated to calculate and isn't presented by as many data sources though. Enterprise Value (EV) can be said to represent the value of the company if someone would buy it today and then pay off all its (interest bearing) debt. EV is essentially calculated like this: (Market Capitalization plus cash & cash equivalents)  minus interest-bearing debt.  This is then divided by EBIT (Earnings before interest and tax) to get the ratio. One drawback of this ratio though is that it can't be used for financials since their balance sheet pretty much consists of debt and the Enterprise Value therefore doesn't tell us very much. Also, like the P/E ratio it is dependent on fresh numbers. A balance sheet is just a glimpse of the companys financial situation on ONE DAY, and this could (and probably will, although not drastically for bigger companies) change to the next day.

Agree 100% with every post you made in this thread, with a caveat.  The traditional internet consumer-advertiser-provider model is heading to an existential crisis. We have total information overload, most people don't even use facebook ads ONCE through their whole facebook career. Google the originator of the model has outgrown its adwords roots.  I don't think we'll actually pay for shows, we're way too cheap to do that. But advertising is going to need to be revolutionized if it can maintain the status quo.  Zergboss completely misses the point. It's not about computer screens vs. tv's. It's not tv vs internet. The fundamental conflict is in the changing revenue flow in shows and movies. I don't care for season premieres if hulu has them tomorrow when I have more time. Because these shows are paid for by advertisers, providers must change their source of revenue or come up with new ways to entice consumers

"Unless you have a history of over-using credit (i.e. you've gotten yourself into debt trouble), then I think that the banker is giving you bad advice in telling you to get your own credit limit reduced.  Having more credit available to you that is left unused will make your utilization ratio lower, which is generally better for your credit score, according to this article on CreditKarma.com.  The ""sweet spot"" seems to be 1-20% utilization of your total credit.  (But remember, this is only one factor in your credit score, and not even the biggest-- having a long history of on-time payments counts the most.) My own personal experience seems to bear this out.  I have two major credit cards that I use.  One card has a high credit limit (high for me anyway) and I use it for just about everything that I buy-- groceries, gas, durable goods, services, you name it.  The other card has a limit that is about 1/3 of the first, and I use it for a few recurring bills and occasional purchases where they don't take the first card.  I also have a couple of department store cards that I use rather infrequently (typically 1 purchase every 3 months or so).  At the end of each month, when the respective statements post, each card has a balance that is 15% or less of the credit limit on that card.  I pay off the entire balance on each card each month, and the cycle repeats.  I have never been late on a payment, and my credit history for all of these cards goes back 10 years.  My credit score is nearly as high as it can go.  If having unused credit were a detriment, I would expect my score to be much lower. So, no, having ""too much credit available"" is not going to hurt you, unless you are not using it at all, or are tempted to abuse it (use too much).  The key is to use common sense.  Have a small number of cards, keep them active, spend within your means so you can pay off the balance in full after the statement posts, and never be late on your payments.  That's all it takes to have good credit."


Question: Buying a car - advice needed

"I would actually disagree with MrChrister on this. You can afford yourself the car in this price range paid cash. I don't know how exactly you spend your income, but from my experience, in expensive California, saving $20K a year from $70K income with $800/mo rent is feasible. Having a loan on your credit report which is paid on time and in full will definitely help you rebuilding your credit. Your calculations re the costs of the loan are based on the assumption that you're going to keep the loan for the whole period. Don't do that. See #1 - you can repay this loan much quicker than the 3 years it should originally have been. 6 months of the loan which is then paid off will do marvels to your credit report and credit score. Yes, it is going to cost you some, but in your particular case I would argue that its worth it. You're an adult now, you need credit cards, you'll need a mortgage at some point, you need to rent a place to live - all these require a good credit report. Just waiting, as MrChrister suggests, will help, but much much slower.  Having said that, a seller that ""cannot discuss the terms over the phone"" is most likely a dishonest person. Once you're there and in front of him it is harder for you to verify information, resist signing papers, and negotiating."

Poke around in r/google and then tell me I'm wrong. ;)  Try to say something negative in even most lighthearted way in that sub, and watch yourself get showered with a brigade of downvotes, faster than you can say 'Eric Schmidit'.  EDIT: Lol, downvoted already. They must have 'heard' me.

How realistic is it that I will be able to get a home within the 250,000 range in the next year or so?  Very unlikely in the next year.  The debt/income ratio isn't good enough, and your credit score needs to show at least a year of regular payments without late or default issues before you can start asking for mortgages in this range. You don't mention how long you've been employed at these incomes, this can also count against you if you haven't both been employed for a full year at these incomes. They will look even more unfavorably on the employment situation if they aren't both full time jobs, although if you have a full year's worth of paychecks showing the income is regular then that might mitigate the full time/part time issue. next year or so? If you pay down your high interest debt (car, credit cards), and maintain employment (keep your check stubs and tax returns, the loan officer will want copies), then there's a slight chance. And, from this quick snap shot of our finances, does it look like we would be able to qualify for a USDA loan? Probably not.  Mostly for the same reasons - the only time a USDA loan helps is when you would be able to get a regular loan if you had the down payment. Even with an available down payment of 50k, you wouldn't be able to get a regular loan, therefore it's unlikely that you'd qualify for a USDA loan. If you are anxious to get into a house, choose something much smaller, in the 100k-150k range. It would improve your debt/loan ratio enough that you might then qualify for a USDA loan.  However, I think you'd still have issues if you haven't both been employed at this rate of income for at least a year, and have made regular payments on all your debts for at least a year. I'll echo what others have suggested, though, strengthen your credit, eliminate as much of your high interest debt as you can (car, credit cards), and keep your jobs for a year or two.  Start a savings plan so you can contribute a small down payment - at least 3-5% of the desired home price - when you are in a better position to buy. During this time keep track of your paycheck stubs, you may need them to prove income over the time period your loan officer will request. Note that even with a USDA loan you still have to pay closing costs, and those can run several thousand dollars, so don't expect to be able to come to the table with no cash. Lastly, there's good reason to be very conservative regarding house cost and size.  If you can, consider buying the house as if you only had the 46k per year.  Move the debt to the person making the lower income, and if you buy the house in the name of the person only making 46k per year, then the debt/loan ratio looks very positive.  Further it may be that the credit history of that person is better, and the employment history is better.  If one of you has better history in these ways, then you might have a better chance if only one of you buys the house.  Banks can't tell you about this, but it does work.  Keep in mind, though, that if you two part ways it could be very unhappy since one would be left with all the debt and the house would be in the other's name.  Not a great situation to be in, so make sure that you both carefully consider the risks associated with the decisions made.

There's only one real list that states what people think stock prices should be, and that's the stocks order book. That lists the prices at which stock owners are willing to buy stocks now, and the price that buyers are willing to pay.  A secondary measure is the corresponding options price. Anything else is just an opinion and not backed by money.

I'll add this to others: Having non-deductible portion in your IRA requires additional tax forms to be attached to your tax return, and tracking. If you plan to have long-term investments in your non-deductible IRA (such as, say, target funds or long-term stock positions that you expect to hold till retirement) it may be better to keep them in a non-IRA account. This is because the income tax on the withdrawals from the IRA is at ordinary rates, and from the regular investment account is at capital gains rate. While the rates can definitely change, traditionally capital gains rates are significantly lower than the ordinary income bracket rates. So generally I think that having non-deductible IRA deposits is only useful if you're planning a ROTH conversion in a near future.

The problem with short options is they expire and have to be covered. An inverse ETF is the way to go in my opinion. Because the real issue isn't if the market is overvalued but when will it correct. That's the risk and no one knows that answer

Because they often say one thing with another in mind. For instance less people under the tax bracket is bad for the state. But making people think they are getting a raise while only putting more people in a taxable bracket and not actually putting anything in their pockets. It is a scam. But the poor eat it up and still end up being poor. But they think they got a raise so they vote for more policies that increase the states income and tithes.

You might be right about that, but your previous posts don't say that.  In just the last one you said:  >Because buyback decreases shares outstanding it **also decreases the company's total future dividend payouts as well**  This is indicating that you believe there is a difference somehow, no?


Question: Placing limit order and stop loss on same stock at same time

Although this is possible with many brokers, it's not advisable. In many cases you may end up with both trades executed at the same time. This is because during the opening, the stock might spike up or down heavily, bid/ask spread widens, and both of your orders would get picked up, resulting in an instant loss. Your best bet is to place the stop manually sometime after you get filled.

"> What's their benchmark for considering the deal ""done""? Getting out employee checks with the name of the new company?   Well, there's usually about an 18-month consolidation window after the deal closes to combine operations before the market really starts wondering why you're burning through cash supporting a closed M&A. That's going to include the removal and/or consolidation of redundant business units from HR, to marketing, etc.   From an IT perspective though, the business *usually* completely ignores the fact that modern white-collar businesses are essentially different formulations of businesses leveraging IT or severely underestimates how reliant they are on technology. That is, the consolidation of business units needs to include the consolidation of IT for economies of scale to be realized. It's fine and dandy to say your direct reports are being consolidated under business unit X but what if your HR program PeopleSoft and theirs is successfactors? How much time and money is that going to take to select the best system and get all of your shit in one place? Rule of thumb? 4x whatever the buisness thinks and 1.5x what the IT guy says. What about your identity platforms? What if, god forbid, you are an entirely IBM shop and the acquired company is entirely Microsoft? What about those old fuckin mainframes plenty of insurance companies and banks are keeping around? All that data needs to get moved/consolidated/etc.   I'm there to annoy the shit out of the business so when the board says ""did this ever come up"" our VPs and CIO can say ""yeah, here are the documents"" and then they start firing management. :D"

Leaders come together from very different professional and business perspectives, such as functions, product, or lines of business. They often need to vie for resources, influence, and sometimes even their superior’s job. This is all part of the deal--to represent their unique perspectives, to have a say about their beliefs, and ultimately to run the place if they get the nod.

Investors already can trade their assets - simply tokenizing a bond is unlikely to make it more liquid.  The key to liquidity is having a willing counterparty who wants to buy/sell what you are looking to sell/buy.  Because debt can be structured in a myriad of ways, markets for some bonds will be extremely thin, with limited buyers and sellers.  I don't see how tokenization will solve that problem.

High taxes and tax breaks have done. Tax breaks can only be accessed if you can essentially afford a descent accountant. For that to makes sense you need to earn a large amount of money. So proportionally the middle classes end up paying the most tax and gets the least for it.

I don't see how that would be an issue in any way.  Referral bonuses are very common.  I'm a little confused as to why you think this might be an issue (or why there would be advice to get a lawyer)... this is called networking.  Growing a business requires contacts you can rely on.  Make sure you're confident in his work, as your clients will likely not be happy with you if he doesn't perform well.

My wife has been doing younique and some other health MLM drives be crazy cuz she's going no where fast.  I support her but she doesn't listen to the fact that she is spending more than making.

>> loses from WaPo to reduce his tax bill  > That's not even how taxes work!  Yes it does and I know it very very well.   Explain me why Bezos, a retail and technology guru would waste his time on WaPo, and old-fashion media? Is it to make money? Yes or no?  Of course not! They are losing money.   It's for his personal political agenda.  Not because of proper and unbiased Journalism.


Question: What is the different between 2 :1 split and 1:1 split

"There is no such thing as a ""one for one"" split. It's either N for 1, or 1 for N in a reverse split.  And for either, N can't be 1.  Yes a 3:2 can happen, but I still read it as 1.5 for 1."

It is totally a demand problem.  Why aren't people buying things in Greece?  Because everyone's poor and there is no demand?  Why are people buying things in Germany?  Because the German Government spent their way out of their recession by spreading money around to the people that needed it.  Why did we get out of the great depression?  Because those without money were given some, which they then spent.  Companies aren't making stuff because no one is buying.  Historically, higher taxes on higher income people and businesses equate with a better economy.  I don't see any data, o. your side, just lots of hand-waving.  http://www.angrybearblog.com/2011/05/optimal-tax-rates-for-generating.html

>We are the second most charitable country on the planet (source: world giving index), if Granny can't find support, she isn't really looking.  Americans donated $212 billion to charity, sure, but the total Medicaid budget was $553 billion in 2016. The amount of support charity can provide just isn't as great as the amount public assistance can provide, and how could it? You will always get more money out of people when you point a gun at them than when you ask nicely.   >The support is there for those genuinely in need.  I like how your assertion has a built-in way to move the goal posts. If she can't get support, then it *must* be because she didn't *genuinely* need help.   >And, the money goes further because it doesn't have to pay bureaucrat salaries.  Do you not know how charities work?   They have bureaucrats too, and they don't work for free.

"As a human being, you don't exist in a ""field"". You have all sorts of different skills and interests. You're useful. Go find someone who needs knowledge you have, and do it for free if you can't make money on it. Then you're a consultant."

"Economics is built on the assumption that people make rational decisions based on the desire to increase their economic well-being. While economists have long known that isn't strictly true, Thaler was a pioneer in studying why people sometimes make irrational decisions, and how they can be encouraged to make smarter ones. He's made economics more human,"" said Peter Gärdenfors, a member of the commitee that awarded the prize.""    So how come the business world still ignores him? And treat humans like machines?"

Most of the time when a stock splits to create more shares, it is done to bring the price per share down to a level that makes potential investors more comfortable. There are psychological reasons why some companies keep the price in the $30 to $60 range. Others like to have the price keep rising into the hundreds or thousands a share.  The split doesn't help current investors, with the possible exception that the news spurs interest in the stock which leads to a short term rise in prices; but it also doesn't hurt current investors. When a reverse stock split is done, the purpose is for one of several reasons:

That is exactly the problem people aren't seeing. Automation. It makes things cheaper and more reliable than people. It also cuts the man hours needed down to a small fraction of what it was before. There haven't been enough new jobs created to make up for the jobs lost from automation.  In a perfect world, we would all just work a shorter schedule each and still live increasingly better lives as time went on but we all know that isn't going to happen, at least not without HUGE changes to the whole world.

If she is a legitimate owner, you can't force her to sell her interest in the house. You can communicate indirectly with her, perhaps through a lawyer, and see if she is willing to sign something authorizing you to sell. Unless she is mentally incompetent, you will likely have a very difficult time of proceeding with a legal challenge. At minimum she should be paying you rent, if she is the sole occupant, and if she is unwilling to let you live in the house or pay you rent as co-owners, you could possibly proceed with a suit along those lines. This is a good example of why it's not ideal to co-own a home with someone you aren't legally married to, including a relative or someone you are dating, because there is no (relatively) simple process similar to divorce which determines the allocation of property in the case of a serious dispute. If living together, it may be preferable to have one party own the home and rent it to another. If inherited, it may be preferable for one party to buy out the others and rent it back to them or arrange for a portion of any money made through the sale or rental of the home. Best of luck - I hope you are able to reach an agreeable outcome.


Question: What corporation tax am I required to pay as an independent contractor?

"The difference between the provincial/territorial low and high corporate income tax rates is clear if you read through the page you linked: Lower rate The lower rate applies to the income eligible for the federal small   business deduction. One component of the small business deduction is   the business limit. Some provinces or territories choose to use the   federal business limit. Others establish their own business limit. Higher rate The higher rate applies to all other income.    [emphasis mine] Essentially, you pay the lower rate only if your income qualifies for the federal small business deduction (SBD).  If you then followed the small business deduction link in the same page, you'd find the SBD page describing ""active business income"" from a business carried on in Canada as qualifying for the small business deduction.  If your corporation is an investment vehicle realizing passive investment income, generally that isn't considered ""active business income."" Determining if your business qualifies for the SBD isn't trivial — it depends on the nature of your business and the kind and amount of income it generates.  Talk to a qualified corporate tax accountant. If you're looking at doing IT contracting, also pay close attention to the definition of ""personal services business"", which wouldn't qualify for the SBD.  Your accountant should be able to advise you how best to conduct your business in order to qualify for the SBD.  Don't have a good accountant?  Get one.  I wouldn't operate as an incorporated IT contractor without one. I'll also note that the federal rate you would pay would also differ based on whether or not you qualified for the SBD.  (15% if you didn't qualify, vs. 11% if you qualify.)   The combined corporate income tax rate for a Canadian-controlled private corporation in Ontario that does qualify for the small business deduction would be 11% + 4.5% = 15.5% (in 2013). Additional reading:"

I agree.  Billing by the hour for a sole-proprietorship is the exception, not the norm.  You either usually sell a product for a fixed price or provide a service via contract for a total sum.  That and the term 'sole proprietorship' doesn't preclude you from having thousand of employees working for you.

The price-earnings ratio is calculated as the market value per share divided by the earnings per share over the past 12 months. In your example, you state that the company earned $0.35 over the past quarter. That is insufficient to calculate the price-earnings ratio, and probably why the PE is just given as 20. So, if you have transcribed the formula correctly, the calculation given the numbers in your example would be: 0.35 * 4 * 20 = $28.00 As to CVRR, I'm not sure your PE is correct. According to Yahoo, the PE for CVRR is 3.92 at the time of writing, not 10.54. Using the formula above, this would lead to: 2.3 * 4 * 3.92 = $36.06 That stock has a 52-week high of $35.98, so $36.06 is not laughably unrealistic. I'm more than a little dubious of the validity of that formula, however, and urge you not to base your investing decisions on it.

There is no special activity type (or provider) for this situation. Depending on the car rental agency, it is either a normal charge, and they later return the charge as necessary; or it is a normal authorization (like in a restaurant) that does never get confirmed (so it falls off the credit card after about three days).

"This is the best tl;dr I could make, [original](http://econlog.econlib.org/archives/2017/06/american_bankin.html) reduced by 92%. (I'm a bot) ***** > The importance of the unit banking laws is obvious when you consider than Canada had no bank failures during the Great Depression, despite a similar fall in NGDP. Today, that sort of decline in NGDP would wipe out virtually the entire US banking system.  > The pattern is that the governments, on the one hand, protects banks in the forms of deposit insurance or government bailouts when a crisis happens, or give banks certain opportunities.  > The way the governments get the banks to subsidize mortgage risk is by protecting the banks.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6fcfck/american_banking_socialism_or_laissezfaire/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~136658 tl;drs so far."") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **Bank**^#1 **government**^#2 **deposit**^#3 **lend**^#4 **more**^#5"

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.

GPS can be a money saver to add as an aftermarket item as opposed to getting an integrated version with your stereo.  Typically, updates for the aftermarket stand-alone GPS units are cheaper as well.

"It won't hurt your credit score, but it may hurt your ChexSystems score. ChexSystems is another consumer reporting agency that doesn't keep track of your debts, but of your bank accounts. Banks (most but not all) check ChexSystems before you open an account to see if you bounce checks, overdraft, make a lot of teller visits, lose ATM cards, etc. They use this to estimate your profitability. Banks aren't allowed to discriminate against a protected class, but ""unprofitable"" is not a protected class. BTW, most banks don't make much money on checking accounts; they view them as ""get-you-in-the-door"" inducements so they can sell you the things they really want to like mortgages and investments."


Question: How to keep control of shared expenses inside marriage?

"JoeTaxpayer's answer mentions using a third ""house"" account. In my comment on his answer, I mentioned that you could simply use a bookkeeping account to track this instead of the overhead of an extra real bank account. Here's the detail of what I think will work for you. If you use a tool like gnucash (probably also possible in quicken, or if you use paper tracking, etc), create an account called ""Shared Expenses"". Create two sub accounts under that called ""his"" and ""hers"". (I'm assuming you'll have your other accounts tracked in the software as well.) I haven't fully tested this approach, so you may have to tweak it a little bit to get exactly what you want. When she pays the rent, record two transactions: When you pay the electric bill, record two transactions: Then you can see at a glance whether the balances on ""his"" and ""hers"" match."

Yeah, hugely telling that it took 1500+ cancellations from one number before they noticed? None of their metrics or reports flagged this before? I've never used Lyft because that pink mustache is just ridiculous and looks amateur. This company seems to have a lot of gaps going on.

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Driver's license isn't relevant. If NYS considers you a part-year resident, they assess income tax on a pro rata basis. NY is broke now, so expect them to be really obnoxious about it if you make a lot of money. California probably has a similar policy. If you really make a lot of money, the demands of the states in these matters are insane. I've read of cases where a state has actually demanded that an individual provide documentation of their in-/out-of-state status for every day of the year!

"Read the book, ""Slicing Pie: Fund Your Company Without Funds"". You can be given 5% over four years and in four years, they hire someone and give him twice as much as you, for working a month and not sacrificing his salary at all.  Over the four years, the idiot who offered you the deal will waste investors money on obvious, stupid things because he doesn't know anything about how to build what he's asking you to build, causing the need for more investment and the dilution of your equity. I'm speaking from personal experience.  Don't even do this. Start your own company if you're working for free, and tell the idiot who offered you 5% you'll offer him 2% for four years of him working for you for free."

So this is only a useful strategy if you already own the stock and want protection. The ITM put has a delta closer to 1 than an OTM put. But all LEAPS have massive amounts of theta. Since the delta is closer to 1 it will mimic the price movements of the underlying which has a delta of 1. And then you can sell front month calls on that over time. Note, this strategy will tie up a large amount of capital.

> The issue is that they aren't leaving, they're using a loophole to avoid paying corporate taxes even though their revenue, operation, manufacturing, and logistics base is still primarily within the United States.  They're obeying the law to the letter. Whose fault is it that you don't like the law? The company's, or the government's?

Use one journal entry, and split the expenses into the appropriate accounts. This can happen even if you never mix business and personal on the same receipt: say you order office supplies (which where I live are immediately deductible as an expense) and software or hardware (which must be depreciated because they are assets) on the same order. We have an account called Proprietors Loan which represents money the company is lending to the humans who own it, or that the humans are lending to the company. Were I to pay for my personal lunch on a business credit card, it would go through that account, increasing the amount the company has lent me or decreasing the amount I have lent it. Similarly if I made a business purchase with a personal card it would go through that account in the other direction. Where I live, I can lend my company all the money I want any time, but if the company lends me money there can't be an outstanding balance over the corporate year end. If you make two credit card entries of 5 and 10 when you go to reconcile your accounts it will be harder because you'll have to realize they together match the single 15 line on your statement. Making a single entry (your A option) will make reconciling your statement much easier. And that way, you'll probably reconcile your statements, which is vital to knowing you actually recorded everything.


Question: Investment property refinance following a low appraisal?

Definitely don't borrow from your 401K.  If you quit or get laid off, you have to repay the whole amount back immediately, plus you are borrowing from your opportunity cost.  The stock market should be good at least through the end of this year.   As one of the commentators already stated, have you calculated your net savings by reducing the interest rate?  You will be paying closing costs and not all of these are deductible (only the points are).  When calculating the savings, you have to ask yourself how long you will be hanging on the property?  Are you likely to be long term landlords, or do you have any ideas on selling in the near future?   You can reduce the cost and principal by throwing the equivalent of one to two extra mortgage payments a year to get the repayment period down significantly (by years).  In this way, you are not married to a higher payment (as you would be if you refinanced to a 15 year term).   I would tend to go with a) eat the appraisal cost, not refinance, and b) throw extra money towards principal to get the term of the loan to be reduced.

Properties do in fact devaluate every year for several reasons. One of the reasons is that an old property is not the state of the art and cannot therefore compete with the newest properties, e.g. energy efficiency may be outdated. Second reason is that the property becomes older and thus it is more likely that it requires expensive repairs. I have read somewhere that the real value depreciation of properties if left practically unmaintained (i.e. only the repairs that have to absolutely be performed are made) is about 2% per year, but do not remember the source right now. However, Properties (or more accurately, the tenants) do pay you rent, and it is possible in some cases that rent more than pays for the possible depreciation in value. For example, you could ask whether car leasing is a poor business because cars depreciate in value. Obviously it is not, as the leasing payments more than make for the value depreciation. However, I would not recommend properties as an investment if you have only small sums of money. The reasons are manyfold: So, as a summary: for large investors property investments may be a good idea because large investors have the ability to diversify. However, large investors often use debt leverage so it is a very good question why they don't simply invest in stocks with no debt leverage. For small investors, property investments do not often make sense. If you nevertheless do property investments, remember the diversification, also in time. So, purchase different kinds of properties and purchase them in different times. Putting a million USD to properties at one point of time is very risky, because property prices can rise or fall as time goes on.

The Avalanche method does not work because most people don't have enough money to make an avalanche.  If you somehow had a windfall that was greater or equal to your highest credit card balance, then by all means pay that one off.   However, most people do not have that kind of situation.  Instead they should use the debt snow ball method.  They only have regular income that is typically much smaller then the balances. Another part of your plan that is especially troubling is that you are continuing to utilize credit cards.  You need to cut them up, and stop using them.  First of course save $1000 for a small emergency fund, the pay them off smallest to largest.  Do a budget each and every month.  Work an extra job or three.  Any extra money that hubby brings in goes towards one of the credit cards. BTW you don't have a math problem you have a behavior problem.

Computers and the software they run on are intangible products that can, and are, made by just about anyone.  Oil is a tangible, limited resource that, until recently, is not replaceable with anything else.  Apple and MS are replaceable.  Oil is not.

You sound like a 1970's Italian claiming that American cars are bad because they are only fast in a straight line. Literally just fan-boy whining.   But Mustangs never stopped, while Alfa and Fiat were gone a few years later.  I'm looking forward to the all-electric Corvette and Camaro.

In Keynes' day, money was gold. Convertible at a fixed exchange rate. His recommendation was that the government saved gold in good times, to ensure that it wouldn't run out of gold in the bad times.  That particular advice has zero relevance to a government that only borrows its own free-floating currency, as governments do not and can not run out of their own free-floating currency.

"I think the £35K band applies to the ""dividend income"" not the ""dividend paid to you"", and so you would only actually get £31.5K (90% of £35K) in your pocket before the next tax band kicked in. If your company will only supplying large VAT registered entities, then register for VAT yourself and elect the Flat Rate scheme - depending on your area of business, given that you have no expenses, your company will get an extra 7% - 14% on its income for free. Your clients won't care that you charge them VAT because they'll claim it back. Finally, depending on what your company is for, beware of the dreaded IR35"

> Documents filed in federal court in Washington include a number of references to emails in which ING employees were told to take steps to hide the true identities of U.S.-sanctioned parties to ensure that their transactions cleared the U.S. sanctions net, but there is no sign that prosecutors plan to bring charges against any of the bankers involved in the email exchanges, Mazur said.   Ugh, while I'm not surprised they are not being prosecuted, this makes me want to throw things.


Question: What is an “International Equity”?

Assuming you're in the United States, then International Equity is an equity from a different country.  These stocks or stock funds (which reside in a foreign country) are broken out seperately becuase they are typically influenced by a different set of factors than equities in the United States: foreign currency swings, regional events and politics of various countries.

Your last sentence is key. If you have multiple accounts, it's too easy to lose track over the years. I've seen too many people pass on and the spouse has a tough time tracking the accounts, often finding a prior spouse listed as beneficiary.  In this case, your gut is right, simpler is better.

You Need A Budget may be what you're looking for. It is focused on budgeting your expenses in advance, and looking forward instead of backward. (Disclosure: I am currently doing some development work for You Need A Budget.)

Read the terms and conditions very carefully. Many zero percent deals have a requirement that you pay back at a certain date, and if you don't, you'll have to pay some enormous percentage. Nobody will remind you of the date, because the lender has the secret hope that you will forget.

I dont think the author really understands why or how credit bureaus work, why they exist, and therefore where the blame exists for incorrect data. No credit bureau wants incorrect data, for obvious reasons, but it happens. That's one reason why they let you get access to your credit score, to check it the data is correct and make the 'product' (data about you) better. The source of the data is always to blame for something being incorrect though.  That's banks, utilities companies, etc.  A credit bureau can't check any more than they do already. But they can improve how they deal with mistakes or badly matched data. Not sure about how that works in the US, but here in EU there are strict rules about how mistakes are corrected, and how long it takes.  As for storing it in block chain.. That wouldn't really solve OPs problem with credit bureaus. Someone still needs to collect and match data, and that's arguably harder than securing the data in the first place.

"Generally, ETFs work on the basis that there exists a pair of values that can be taken at any moment in time: A Net Asset Value of each share in the fund and a trading market price of each share in the fund.  It may help to picture these in baskets of about 50,000 shares for the creation/redemption process. If the NAV is greater than the market price, then arbitrageurs will buy up shares at the market price and do an ""in-kind"" transaction that will be worth the NAV value that the arbitrageurs could turn around and sell for an immediate profit. If the market price is greater than the NAV, then the arbitrageurs will buy up the underlying securities that can be exchanged ""in-kind"" for shares in the fund that can then be sold on the market for an immediate profit. What is the ETF Creation/Redemption Mechanism? would be a source on this though I imagine there are others. Now, in the case of VXX, there is something to be said for how much trading is being done and what impact this can have. From a July 8, 2013 Yahoo Finance article: At big option trade in the iPath S&P 500 VIX Short-Term Futures Note   is looking for another jump in volatility.  More than 250,000 VXX options have already traded, twice its daily   average over the last month. optionMONSTER systems show that a trader   bought 13,298 August 26 calls for the ask price of $0.24 in volume   that was 6 times the strike's previous open interest, clearly   indicating new activity. Now the total returns of the ETF are a combination of changes in share price plus what happens with the distributions which could be held as cash or reinvested to purchase more shares."

No. You owe taxes in the state you made the money. So unless you can convince the lottery company to retroactively move to Puerto Rico or such, you can't. As others said, if you win, that should not be your worries..

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Question: Will I be liable for taxes if I work for my co. in India for 3 months while I am with my husband in UK

The key factors here are  You will need to pay tax in the UK only if you live more than 183 days - that too in a tax year. Indian tax system will also classify you as a NR (Non-resident) if you live outside for more than 182 days in a tax year.  In your case, your income will be in India and will stay in India. So there should not be any UK tax until you try and get that money to the UK. I will not go into outlining what if you want to go down that road since it does not apply. As for tax in India, You will need to pay tax since the source of income is Indian.  Hope this helps.

"This is the best tl;dr I could make, [original](https://www.theguardian.com/environment/2017/jun/06/spectacular-drop-in-renewable-energy-costs-leads-to-record-global-boost) reduced by 75%. (I'm a bot) ***** > &quot;A global energy transition [is] well under way, with record new additions of installed renewable energy capacity, rapidly falling costs and the decoupling of economic growth and energy-related carbon dioxide emissions for the third year running,&quot; said Arthouros Zervos, chair of REN21.  > Vivien Foster, global lead for energy economics at the World Bank, said: &quot;Over 2016 there has been a dramatic and sustained improvement in the competitiveness of renewable power generation technologies. The most spectacular renewable energy prices were revealed through auctions that are gaining in popularity in many countries.""  > At the end of 2016, more than 24% of global electricity was produced by renewables, dominated by hydropower and with wind contributing 4.0% and solar 1.5%. For all energy, renewable energy - excluding traditional wood-burning - contributed 10%, overshadowed by the 80% coming from fossil fuels such as oil and gas.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6freqm/spectacular_drop_in_renewable_energy_costs_leads/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~138341 tl;drs so far."") | [Theory](http://np.reddit.com/r/autotldr/comments/31bfht/theory_autotldr_concept/) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **Renewable**^#1 **energy**^#2 **new**^#3 **capacity**^#4 **global**^#5"

Cart's answer is basically correct, but I'd like to elaborate: A futures contract obligates both the buyer of a contract and the seller of a contract to conduct the underlying transaction (settle) at the agreed-upon future date and price written into the contract. Aside from settlement, the only other way either party can get out of the transaction is to initiate a closing transaction, which means:  The party that sold the contract buys back another similar contract to close his position.  The party that bought the contract can sell the contract on to somebody else. Whereas, an option contract provides the buyer of the option with the choice of completing the transaction.  Because it's a choice, the buyer can choose to walk away from the transaction if the option exercise price is not attractive relative to the underlying stock price at the date written into the contract.  When an option buyer walks away, the option is said to have expired. However – and this is the part I think needs elaboration – the original seller (writer) of the option contract doesn't have a choice.  If a buyer chooses to exercise the option contract the seller wrote, the seller is obligated to conduct the transaction.  In such a case, the seller's option contract is said to have been assigned.  Only if the buyer chooses not to exercise does the seller's obligation go away.  Before the option expires, the option seller can close their position by initiating a closing transaction.  But, the seller can't simply walk away like the option buyer can.

"This is the best tl;dr I could make, [original](https://www.princeton.edu/rpds/events_archive/repository/Naidu040313/Flood_HN_Jan2013.pdf) reduced by 99%. (I'm a bot) ***** > Outcome Y in county c and year t is regressed on the fraction of county land ﬂooded in 1927, state-by-year ﬁxed eﬀects, and county ﬁxed eﬀects: Yct = &beta;t F ractionF loodc + &alpha;st + &alpha;c + ct Note that  is allowed to vary by year, so each estimated  is interpreted as the average diﬀerence between ﬂooded counties and non-ﬂooded counties in that year relative to the omitted base year of 1925 or 1920.  > 53 In a modiﬁed version of equation, the fraction of county ﬂooded is interacted with a dummy variable for whether the county is a &quot;plantation county&quot; and a dummy variable for whether the county is a &quot;nonplantation county.  > Column reports the within-state difference for each county characteristic by the fraction of the county flooded in 1927: the coefficients are estimated by regressing the indicated county characteristic on the fraction of the county flooded in 1927 and a state fixed effect, weighting by county size.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6q2327/when_the_levee_breaks_black_migration_and/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~177559 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*: **county**^#1 **ood**^#2 **Black**^#3 **agricultural**^#4 **estimate**^#5"

"So this has been true... Forever. I mean can we agree that there is enough corruption to be the dividing line between the 1% and the rest of society? The system is built to protect the rich and grow the wealth of the already wealthy. The middle and lower class are being farmed like animals while food quality is disgusting due to FDA ""failure,"" medicine is becoming a periodical subscription because modern disease is trending towards ""lifelong"" sicknesses, health insurance is a for profit business that now has more investments than banks and while millions suffer and are bled dry of any savings. Keeping the middle east in turmoil is how we get cheap oil. Peace means they have the right to negotiate their exports. While desperate, we basically take it for free. EVERYTHING. IS. BASED. ON. MONEY.    Everytime I use quotes, just think: What if this is designed? I mean follow the MONEY. Medicine benefits if you're just sick enough to pay up every month and not die. The FDA approves all kinds of sickness inducing trash. Why? Isn't that their one job? To say oh this isn't healthy. It causes cancer. We will not allow it. Apparently not. What big pharma paid the FDA to allow crap food. The reason it's crap is because it's cheap. The food industry like McDonald's wants cheap food so they can become global billionaires... I mean c'mon."

"Follow the money and youll find the bullshit right there.   To be fair as well, where does a ""drug addicted looser"" go to get help in the United States? What risks as a community do we then inherit by ignoring such situations?"

"i think we are roughly in agreement, but i should stress:  > Can't blame capitalism for shitty politicians  shitty politicians are a natural result of capitalism out of control - the big owners call the shots. the politicians that take the bribes win elections bc the money buys exposure thru (once again private) media.   the politicians with any amount of ethics or servitude to their electorate will be starved of funds. they tend to lose. the evolution of the honorable politician to the corrupt one has been a consequence of obscene money. the sort of money that apple et al make. or the most insidious: the federal reserve, which is PRIVATELY owned by a cabal of the richest bankers. they get to print money to ""lend"" to the government at interest whenever the gov needs to issue bonds. they determine interest rates. their objective is to make more money for themselves. they are not there to provide a service to the people.   TL;DR you cannot get non-shitty politicians without controlling capitalism. adam smith warned us 250 years ago in his seminal wealth of nations that a business-dominated political system would allow a conspiracy of businesses and industry against consumers:  ""the interest of manufacturers and merchants .. in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public ... The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention."""

There are some high-yield savings accounts out there that might get you close to 1 percent. Shorter term CDs might also serve you well here- rates are above 1 percent, even with 1-2 year terms: http://www.nerdwallet.com/rates/cds/best-cd-rates/


Question: Question about Tax Information from a Prospectus

At the end of each calendar year the mutual fund company will send you a 1099 form. It will tell you and the IRS what your account earned. You will see boxes for: You will end up paying taxes on these, unless the fund is part of a 401K or IRA. These taxes will be due even if you never sold any shares. They are due even if it was a bad year and the value of your account went down. Most if not all states will levy an income tax yon your dividends and capital gains each year. When you sell your shares you may also owe income taxes if you made a profit. The actual taxes due is a more complex calculation due to long term vs short term, and what other gains or losses you have. Partial sales also take into account which shares are sold.

Why? Grocery stores had minimum wage employees as well. You made no sense at all there. People not being able to pay slave wages and still maintain huge corporate profits, OMG the horror! Yeah it's those god damn waiters and cooks needing to pay rent and bills fault! Yeah same to ya.  Oh and reading comprehension is a thing. I said I've run several businesses. One was a restaurant and bar too!

"So you being born where you were with the opportunities you were given, just because you made the most of them you feel that luck wasn't any part of it?  And a child born in a very poor, impoverished location without those opportunities should be expected to succeed just as well as you, and if they didn't then that means they just ""didn't work as hard as you""?  I'm sorry, but fuck everything about that sentiment.  Sure, you worked hard, pat yourself on the back.  But dismissing everyone else in the world simply because you think they just didn't work as hard as you completely misses the Lewis' point.  You were lucky to even have those opportunities, you should at the very least be thankful that you were given those opportunities."

Here are your options. While you remain an Australian citizen you cannot withdraw super just because you are residing overseas. You could renounce your citizenship - just make sure you have another one to fall back on.

A government is there to serve the people. Under this logic, a government is doing a disservice to its people by allowing a corportation to have a signicantly lower tax rate in relation to the value a corportation would gain from doing business in that country.   For all I know, Starbucks would only do business in the UK if the value it sees from doing business there is at the tax rate it is paying out now. However, like a corportation testing the markets for price, the UK government is doing a disservice to its own people for not doing its own research on the value Starbucks is seeing.

At every level in society, we have to limit our tolerance to the intolerant. The Paradox of tolerance, as theorized by Karl Popper in 1945, states that if a society is tolerant without limit, their ability to be tolerant will eventually be seized or destroyed by the intolerant.

Lets say that college costs 100K per kid and they you have 3 (ages 8,9,10) and expect tuition and fees inflation of 8% per year; you are 40 and want to retire at age 65, and would have to replace 80% of you final years salary and expect your salary to increase 2% above inflation, but you do have a pension that based on the number of years of service you will have if you don't switch companies will replace 40% of you final salary, but if you leave now will only cover 15%; the equivalent of social security will replace 10%; your spouse works part time and has no company provided pension; your big single bucket of long term savings has 123,456. Are you on target? You can't answer the question without first determining how much money each of those individual buckets (kid 1, kid 2, kid 3, pension, social security and retirement) needs to have today and in the future. Then you take the money you do have and assign it to the buckets. Of course different accounts have different tax, age, deposit and use rules. Also what happens after the last child graduates, so the amount of money available each year will change significantly. The key to not stealing money from long term savings goals is to realize you also need an emergency fund and a life happens fund. That way an engine repair does require you to pull money from the education fund.

World war 2 was what carried america out of the great depression.  Anything's possible, people do desperate things when they're hungry, most people will resort to cannibalism within 2 weeks without food.   It's too unpredictable, but my bet is that the coming collapse will be multiple times worse than the great depression.


Question: Shares; are they really only for the rich/investors?

Small purchases will have a disproportionate expense for commissions. Even a $5 trade fee is 5% on a $100 purchase. So on one hand, it's common to advise individuals just starting out to use mutual funds, specifically index funds with low fees. On the flip side, holding stocks has no annual fee, and if you are buying for the long term, you may still be better off with an eye toward cost, and learn over time.  In theory, an individual stands a better chance to beat the experts for a number of reasons, no shareholders to answer to, and the ability to purchase without any disclosure, among them. In reality, most investor lag the average by such a wide margin, they'd be best off indexing and staying in for the long term.

Cycle analysis indicates that the current bear market, which began in May/June, should last until late 2016 / early 2017. So if you want to trade the short side, then it's a great time to be short for the next 15-18 months.

Hmm, if your financially savvy enough to have saved up half a million dollars, I'd think you would be savvy enough to spend it wisely. :-) I think I'd spend the cash before running down stocks and bonds, as cash almost surely has a lower rate of return.  I'd look into what rate of return you're getting on the rental property versus what you're getting from other investments. If the rental property has a lower return, I'd sell that before selling off stocks. (I own a rental property on which I am losing money every month. I'm still paying a mortgage on it, but even without that, the ROI would be about 4% under current market conditions.) Besides that, your plan looks good to me. Might need to add, 8. Beg on the streets, and 9. Burglary.

"The problem you are referring to has to do with the different financial terms between retailers. Amazon wants better terms all the time, that favor Amazon, so we give them better terms and bake those terms into cost. Walmart historically has had better terms that favor suppliers, to be an EDLP retailer you had to get suppliers on board with EDLC, to do this it meant simpler terms...   I know one company who has ""similar"" items on both sites, the supplier's internal margins at/and amazon's margins are much higher. They make less margin at Walmart and Walmart takes less margin, but volume makes up for that!  Source: Supplier to both"

"> How can one not get it?  I dunno, you tell me.  >You need to ask yourselves why the actual battery companies balked at building plants for his cars  See my other comment, because that doubly didn't happen.  Not only have ""the actual battery companies"" increased capacity for Tesla, but they're partnering in the plant.  Please attempt to be informed about the things you talk about before you talk about them.  *Or* don't go into the conversation acting informed when you are not."

Before everyone says he should just stay home, think of a one car household, much more likely in a rising market. Be trapped at home all night, or do one or two things you don't like along with that shopping that you needed to do anyway.   TL;DR: You get dragged places if you have only one car.

"I would look at the wording of the question.  ""Expect"" does not necessarily mean that they plan to work until they die, or that they want to work until they die. ""Expect"" here likely means that they think they will have to work until they die - in particular, think that they will not be able to save up enough to retire.  Thinking that you will have to work until you die doesn't mean you shouldn't save money - that's just giving up if you don't, right?  Instead you save up money and hopefully you're one of the luckier ones."

"This is called ""import duty"", and it is based on the value of the goods imported. The one to pay the duty is the importer/receiver. As long as you fill the correct information (including the description and value of the items sent) on the USPS customs form (which you'll have to attach to your USPS shipment), you're good to go."


Question: Does a stock's price represent current liquidation of all shares?

"What if everyone decided to sell all the shares at a given moment, let's say when the stock is trading at $40? I imagine supply would outweigh demand and the stock would fall. Yes this is the case. Every large ""Sell"" order results in price going down and every large ""Buy"" order results in price going up. Hence typically when large orders are being executed, they are first negotiated outside for a price and then sold at the exchange. I am not talking about Ownership change event. If a company wants a change in ownership, the buyer would be ready to pay a premium over the market price to get controlling stake."

If the older generation had adopted MySpace before Facebook came along, they would have had a near impossible time converting them to Facebook. See Google +.   MySpace was lacking sure, but so is Facebook. But once you capture the older base, you're set for a gen or two.

Uber should have crushed Lyft by being the first to market a long time ago. Instead they blew their lead by dumping all their money into   1. Warring with Google, which they will lose, and were always bound to lose, because nobody at Uber has ever heard of NDAs or sunk cost fallacies   2. Tolerating PR scandals until the point where customers actively sought out an alternative not because the product was bad, because Uber was in many ways a superior product, but because they saw Uber as a bad company. And it takes a lot to lose customers in that situation.   What a stupid company.

> was it too hard for the server to catch the wings that obviously looked uncooked  Servers almost never bring the food out at places like this.  There is a person on the line that plates the food that was made and another person to bring out the order.  Sometimes that second person is the server but most of the time it isn't.  It does sound like you got bad service from the server though.  I honestly don't know why servers exist at places like this.  Just let me order from a terminal and have the person bring out the food.

An auto title loans are typically utilized by those that wish to obtain a funding with bad credit rating or no credit in any way. An auto-mobile title lending frequently called a vehicle title lending or merely title funding as well as pink slip funding’s. You merely should have a vehicle that is paid off or nearly paid off and also you could make use of the auto title as security to obtain the cash money you require, enabling you to continue driving your vehicle while paying your loan.   Get Auto Title Loans in Hemet CA and nearby cities Provide Car Title Loans, Auto Title Loans, Mobile Home Title Loans, RV/Motor Home Title Loans, Big Rigs Truck Title Loans, Motor Cycle Title Loans, Online Title Loans Near me, Bad Credit Loans, Personal Loans, Quick cash Loans   Contact Us: Get Auto Title Loans Hemet CA 7210 Simpson Road,  Hemet, CA 92545 951-330-3101 hemetgatl@gmail.com http://getautotitleloans.com/car-and-auto-title-loans-hemet-ca/

"I love how you're being downvoted even though you're providing a very basic answer that is easy to look up and see that you are correct, no the majority of people Linhares just listed aren't ""economists"" - but then again redditors vote based on they feel, irregardless of the facts. I also love how everyone now feels as though the financial crisis was easy to spot - I bet if we went back and asked them in 2007 they would have all foreseen it as well. Yes, a few exceptionally intelligent people (Roubini, Shiller, Grantham etc.) foresaw it, but then again thousands of intelligent people make forecasts on financial markets every day and the majority fail to outperform it. The survivor bias in action I guess."

Here are the specific Vanguard index funds and ETF's I use to mimic Ray Dalio's all weather portfolio for my taxable investment savings. I invest into this with Vanguard personal investor and brokerage accounts. Here's a summary of the performance results from 2007 to today:  2007 is when the DBC commodity fund was created, so that's why my results are only tested back that far. I've tested the broader asset class as well and the results are similar, but I suggest doing that as well for yourself. I use portfoliovisualizer.com to backtest the results of my portfolio along with various asset classes, that's been tremendously useful. My opinionated advice would be to ignore the local investment advisor recommendations. Nobody will ever care more about your money than you, and their incentives are misaligned as Tony mentions in his book.  Mutual funds were chosen over ETF's for the simplicity of auto-investment.  Unfortunately I have to manually buy the ETF shares each month (DBC and GLD). I'm 29 and don't use this for retirement savings. My retirement is 100% VSMAX. I'll adjust this in 20 years or so to be more conservative. However, when I get close to age 45-50 I'm planning to shift into this allocation at a market high point.  When I approach retirement, this is EXACTLY where I want to be. Let's say you had $2.7M in your retirement account on Oct 31, 2007 that was invested in 100% US Stocks. In Feb of 2009 your balance would be roughly $1.35M. If you wanted to retire in 2009 you most likely couldn't. If you had invested with this approach you're account would have dropped to $2.4M in Feb of 2009.  Disclaimer: I'm not a financial planner or advisor, nor do I claim to be. I'm a software engineer and I've heavily researched this approach solely for my own benefit. I have absolutely no affiliation with any of the tools, organizations, or funds mentioned here and there's no possible way for me to profit or gain from this. I'm not recommending anyone use this, I'm merely providing an overview of how I choose to invest my own money. Take or leave it, that's up to you. The loss/gain incured from this is your responsibility, and I can't be held accountable.

If I had known about this promotion and were less lazy, I would probably have taken advantage of it myself. Would it be theft? Maybe, maybe not, but I'm kind of antisocial, and doing something illegal/unethical, getting away with it, and making a profit would give me some pleasure.


Question: What are the primary investment strategies people use and why do they use them?

"There are two umbrellas in investing: active management and passive management. Passive management is based on the idea ""you can't beat the market."" Passive investors believe in the efficient markets hypothesis: ""the market interprets all information about an asset, so price is equal to underlying value"". Another idea in this field is that there's a minimum risk associated with any given return. You can't increase your expected return without assuming more risk. To see it graphically:   As expected return goes up, so does risk. If we stat with a portfolio of 100 bonds, then remove 30 bonds and add 30 stocks, we'll have a portfolio that's 70% bonds/30% stocks. Turns out that this makes expected return increase and lower risk because of diversification. Markowitz showed that you could reduce the overall portfolio risk by adding a riskier, but uncorrelated, asset! Basically, if your entire portfolio is US stocks, then you'll lose money whenever US stocks fall. But, if you have half US stocks, quarter US bonds, and quarter European stocks, then even if the US market tanks, half your portfolio will be unaffected (theoretically). Adding different types of uncorrelated assets can reduce risk and increase returns.  Let's tie this all together. We should get a variety of stocks to reduce our risk, and we can't beat the market by security selection. Ideally, we ought to buy nearly every stock in the market so that  So what's our solution? Why, the exchange traded fund (ETF) of course! An ETF is basically a bunch of stocks that trade as a single ticker symbol. For example, consider the SPDR S&P 500 (SPY). You can purchase a unit of ""SPY"" and it will move up/down proportional to the S&P 500. This gives us diversification among stocks, to prevent any significant downside while limiting our upside. How do we diversify across asset classes? Luckily, we can purchase ETF's for almost anything: Gold ETF's (commodities), US bond ETF's (domestic bonds), International stock ETFs, Intl. bonds ETFs, etc. So, we can buy ETF's to give us exposure to various asset classes, thus diversifying among asset classes and within each asset class. Determining what % of our portfolio to put in any given asset class is known as asset allocation and some people say up to 90% of portfolio returns can be determined by asset allocation.  That pretty much sums up passive management. The idea is to buy ETFs across asset classes and just leave them. You can readjust your portfolio holdings periodically, but otherwise there is no rapid trading. Now the other umbrella is active management. The unifying idea is that you can generate superior returns by stock selection. Active investors reject the idea of efficient markets.  A classic and time proven strategy is value investing. After the collapse of 07/08, bank stocks greatly fell, but all the other stocks fell with them. Some stocks worth $100 were selling for $50. Value investors quickly snapped up these stocks because they had a margin of safety. Even if the stock didn't go back to 100, it could go up to $80 or $90 eventually, and investors profit. The main ideas in value investing are: have a big margin of safety, look at a company's fundamentals (earnings, book value, etc), and see if it promises adequate return. Coke has tremendous earnings and it's a great company, but it's so large that you're never going to make 20% profits on it annually, because it just can't grow that fast. Another field of active investing is technical analysis. As opposed to the ""fundamental analysis"" of value investing, technical analysis involves looking at charts for patterns, and looking at stock history to determine future paths. Things like resistance points and trend lines also play a role. Technical analysts believe that stocks are just ticker symbols and that you can use guidelines to predict where they're headed.  Another type of active investing is day trading. This basically involves buying and selling stocks every hour or every minute or just at a rapid pace. Day traders don't hold onto investments for very long, and are always trying to predict the market in the short term and take advantage of it. Many individual investors are also day traders.  The other question is, how do you choose a strategy? The short answer is: pick whatever works for you. The long answer is: Day trading and technical analysis is a lot of luck. If there are consistent systems for trading , then people are keeping them secret, because there is no book that you can read and become a consistent trader. High frequency trading (HFT) is an area where people basically mint money, but it s more technology and less actual investing, and would not be categorized as day trading.  Benjamin Graham once said: In the short run, the market is a voting machine but in the long run it is a weighing machine. Value investing will work because there's evidence for it throughout history, but you need a certain temperament for it and most people don't have that. Furthermore, it takes a lot of time to adequately study stocks, and people with day jobs can't devote that kind of time. So there you have it. This is my opinion and by no means definitive, but I hope you have a starting point to continue your study. I included the theory in the beginning because there are too many monkeys on CNBC and the news who just don't understand fundamental economics and finance, and there's no sense in applying a theory until you can understand why it works and when it doesn't."

$500 should not have a massive impact on your credit. Why not at the beginning of each month buy a $500 prepaid Visa instead of using your credit card? That way you set a hard limit, but you still have the option of using credit in an emergency.

When you buy a property the house or the building goes down in value every year (it gets depreciated) similar to when you drive a new car out of the lot. However, it is the land that increases in value over time. As land becomes scarcer the value of land in that area will increase in value, as does land in sought after areas. If more people want to live in a particular suburb the land value will keep on increasing year after year. Sometimes established areas with houses built in the 1980s or even earlier can be worth much more than newly built areas. It comes down to the supply and demand of land and houses in a particular area. You might even get a situation where a run-down dilapidated house in a very sought after suburb sells for more than a brand new house in a less sought-after suburb nearby. Properties can be a very good investment and they can be a very poor investment. It can largely depend on the decisions you make in buying your investment property. The first thing you need to make a decision on is the location of the property. If you buy a property in a good area that is well sought after you can make good capital and rental returns over the long run. If you buy poorly in an area no one wants to live in then you might have problems renting it out or only be able to rent it out to bad tenants who cause damage, and you may not get any capital gains over many years. The second thing you need to decide on is when in the property cycle you buy the property. If you buy at the right time you can get higher rents and make some quick capital gains over a relatively short time. I can provide a personal example of this situation. I had bought a house (in Australia) in 2007 for $240,000 at a time when interests where at their highest (9%), no one was buying property and rents were on the increase (with low vacancy rates). Today, eight years after, we are getting $410 per week rent and the house next door (in worse condition than ours) has been put on the market asking for between $500,000 to $550,000 (most houses in the area had been selling during this year for over $500,000). So you can say that our house has more than doubled in 8 years. However, up to a few months ago houses were selling within 2 weeks of being listed. The house next door however, has been listed for over a month and has not had very much interest. So from this you can conclude that in 2007 we had bought near the bottom of the market, whilst now we are near the top of the market. What you also need to remember is that different areas of a country can have different cycles, so there is not just one property cycle but many property cycles in the same country.

"> (NK and Iran with nuclear weapons, both say publicly ""death to America"").  Iran's nuclear facilities are under 24/7 inspections by the US and IAEA. The claim that Iran has a nuclear weapons program is US/Israeli propaganda -- pure and simple. Even all of our dozen-plus ""intelligence"" agencies state Iran has no nuclear weapons program.  North Korea likely has a half-dozen or so nukes.  But on the other hand, what would *you* do if the world's most aggressive, war-loving nation refuses to end the still-officially-ongoing Korean War?  North Korea has offered to end their nuclear weapons program, to re-join the Nuclear Non-Proliferation Treaty, and allow full UN inspections -- in exchange for the US ending the Korean War and giving non-aggression guarantees. We (the Bush administration) rejected that offer."

If you get counterfeit money, then you're dealing with the criminal who is going to be punished by the law for doing that. The portion of the total sum that was paid with the counterfeit currency is considered unpaid and you can claim the money from the criminal and sue him, while he's in jail. He'll work hard on those license plates to pay you off. However, making false statements and assisting in a tax evasion scheme compromises your ability to go to the law enforcement in case of any wrongdoing, and then you should worry about the counterfeit money, because the law won't be on your side to help you. And you don't even get anything out of it... Why on earth are you willing to take this risk? Just so you know, it may also be money laundering, which may get you in trouble even more with the law.

EVs aren't perfect yet. The internal combustion engine has had 100 years of fine-tuning.   There are more than enough EV early adopters to satisfy supply. If you're sensitive to the current EV limitations, simply wait. Somebody will love taking your place in the queue.

"This is the best tl;dr I could make, [original](http://thehill.com/homenews/administration/348374-top-trump-economic-adviser-told-dems-only-morons-pay-the-estate-tax) reduced by 71%. (I'm a bot) ***** > Gary Cohn, the director of the National Economic Council, told a group of Senate Democrats during a meeting earlier this year that &quot;Only morons pay the estate tax,&quot; according to a New York Times report.  > President Trump has publicly railed against the estate tax - often referred to as a &quot;Death tax&quot; - and has vowed to fully repeal it.  > The estate tax is levied on the transfer of property for deceased individuals with an estate worth more than $5.49 million.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xuvf3/top_trump_economic_adviser_told_dems_only_morons/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~203616 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **tax**^#1 **Cohn**^#2 **percent**^#3 **Trump**^#4 **Times**^#5"

That is right, and instagram is okay with that.  They don't make anything on user advertisement.  Why would they want to host it?    Most instagram users consume content but don't post ads themselves.  That's the bulk of instagram's ad revenue.


Question: Equity or alternative compensation in an LLC?

I'm not sure 1099-MISC is what you should expect. Equity means ownership, and in LLC context it means membership. As an LLC member, you'll get distributions and should receive a K-1 form for tax treatment, not 1099 or W2. If the CEO is talking about 1099 it means he's going to hire you as a contractor which contradicts the statement about equity allocation. That's an entirely different situation. 1) Specifically, would the 1099-MISC form be used in this case? 1099-MISC is used to describe various payments. Depending on which box is filled, the tax treatment may be as of employment income (subject to SE taxes) or passive income (royalties, rents, etc - subject to various limitations in the tax code). 3) If this is the only logical method of compensation (receiving a % of real estate sales), how would it be taxed? That would probably be a commission and taxed as employment income. I suggest to get a professional tax adviser consultation on this issue, with specific details, numbers, and kinds of deals involved. You can get gain or lose a lot of money just because you're characterized as a contractor and not LLC member or employee (each has its own benefits and disadvantages, and you have to consider them all). 4) Are there any advantages/disadvantages to acquiring and selling   properties through the company as opposed to receiving a % of sales? Yes. There are advantages and there are disadvantages. For example, if you're using a corporation, you can get salary, if you're a contractor you cannot. There are a lot of issues hidden in this distinction (which I've just discussed with KeithS in this argument).

I have had similar thoughts regarding alternative diversifiers for the reasons you mention, but for the most part they don't exist.  Gold is often mentioned, but outside of 1972-1974 when the US went off the gold standard, it hasn't been very effective in the diversification role.  Cash can help a little, but it also fails to effectively protect you in a bear market, as measured by portfolio drawdowns as well as std dev, relative to gov't bonds. There are alternative assets, reverse ETFs, etc which can fulfill a specific short term defensive role in your portfolio, but which can be very dangerous and are especially poor as a long term solution; while some people claim to use them for effective results, I haven't seen anything verifiable. I don't recommend them. Gov't bonds really do have a negative correlation to equities during periods in which equities underperform (timing is often slightly delayed), and that makes them more valuable than any other asset class as a diversifier.  If you are concerned about rate increases, avoid LT gov't bond funds.  Intermediate will work, but will take a few hits... short term bonds will be the safest.  Personally I'm in Intermediates (30%), and willing to take the modest hit, in exchange for the overall portfolio protection they provide against an equity downturn.  If the hit concerns you, Tips may provide some long term help, assuming inflation rises along with rates to some degree. I personally think Tips give up too much return when equity performance is strong, but it's a modest concern - Tips may suit you better than any other option.  In general, I'm less concerned with a single asset class than with the long term performance of my total portfolio.

Simply put, expansionary capex is seen as an investment and maintenance capex is seen as a cost.  In terms of valuation, free cash flow will not include expansionary capex because you are valuing the company as its current business. It's important to note that this approach will usually undervalue companies with strong investment opportunities.  Also, like /u/scarletham said, please edit out the identifying information to avoid any disclosure problems.

They haven't been doing very well for a while. Their stock was in a downward trend since October 2006. They had an upward trend since 1986, then in 2006 they transitioned to a downward slope. Their stock plummeted in 2008, then rebounded shortly after (due to the bailout?) to continue its downward trend.

America and the rest of the West should stop looking backwards and forwards towards developing an advanced, service based economy. Really, if your job can be done by an immigrant with limited English skills or by an overseas worker in China, do you really deserve to have that job?

Many in this thread appear to have little knowledge about the history of anti-trust law in the US. 50 years ago it would be inconceivable for any one firm to have as much market dominance as any of these 3. We need a rethinking of anti-trust law that properly addresses internet monopolies.   If you haven't read it yet, I highly recommend this paper by Lina Khan on Amazon's market dominance and anti trust: https://www.yalelawjournal.org/pdf/e.710.Khan.805_zuvfyyeh.pdf  Barry Lynn and the Open Markets Institute are doing great research here as well.

"I can answer this question for my jurisdiction (Florida, USA), because I lived through it. My Dad (""Alice"") passed away in 2008, just as the housing crisis was starting to heat up. What happened to the Mortgage? My Dad had a will in place.  It was an old will (from the 1980's), but never-the-less, a will.  We had to provide paperwork to the court that my Mom had already passed away, and my oldest brother was living out-of-state (he would have been the executor, otherwise).  With the proper paperwork, I became the Executor, and the property passed in to probate.  At this point, the ""Estate"" was responsible for the house and the mortgage on it (meaning me, as I was the Executor). We decided to sell the house, so we hired a realtor, and set an asking price about $40k over what was owed on it.  As we waited for it to sell, I had to make monthly mortgage payments, and payments to the HOA (otherwise the HOA could put a lien on the property, making it more difficult to sell, should we find a buyer). Is it Automatically Transferred? In most jurisdictions, I would say not ""automatic"".  I definitely had get an estate lawyer and file the proper legal paperwork with the local county courthouse.  Some states have an easier probate process (""Summary Administration"" in Florida), that eases the requirements for small estates. Is Bob expected to pay it off all at once? No, the mortgage holder was happy for me to make payments (out of other estate assets) in lieu of my Dad.  The were earning interest, after all.  This is probably true in most cases. Can the House be Foreclosed on? Yes.  In our case, being 2008, we had a hard time selling the property.  The asking price quickly went from $40k over what was owed, to $20k over, to $10k over, then to being equal to the mortgage value.  Finally, I approached the bank about options.  They suggested a ""Deed in Lieu of Foreclosure"" process.  It was easier for us, and the bank had to pay less lawyers and such.  Otherwise, a ""Deed in Lieu"" is effectively the same as a Foreclosure.  At that point, we stopped making payments.  Eventually, me and all my siblings (the ""heirs"") had to sign the proper paperwork giving the house over to the bank. In our case, the bank did not pursue us (or rather, the Estate) for the difference between final (auction) sale price and the mortgage balance (it was an FHA loan, so the US Government wound up picking up the difference).  From what I understand, this could have happened, and we would have wound up with basically nothing out of the Estate. Can the Lender Force the Sale? I can't give a definite answer on this, but it probably depends.  If you don't pay?  Yes they sure can--it's usually part of the standard mortgage contract!  I see 2 other options:"

"There are only two things you can directly do with the money in an Amazon gift card: you can keep the gift card, or you can put the money into your Amazon account.  There aren't any other options.  You can't deposit the value into a bank account or anything like that.  So, as far as safety, those are the only options you need to consider, because there's nothing else you can do. (Okay, there is one other thing you can do: you could sell the card to someone else, or barter it for something you want.  But you can do that with anything.) The ""gift card"" is basicaly just a string of numbers and letters that you put into your Amazon account and it credits you with the appropriate amount of money.  So yes, it can be stolen.  If you haven't redeemed it yet, someone could find the code by hacking your email or looking over your shoulder or whatever.  If they redeem it, you won't be able to do so. As for your edit: If I don't transfer the balance of the Amazon egift card to my Amazon account, can I transfer the balance to other accounts or use the card to buy other gift cards? If you don't transfer it to your account, you can transfer the balance to another account by giving the code to someone else and letting them deposit it in their account.  You still won't be able to buy other gift cards with it, because you can't buy anything with it until it's deposited in an Amazon account, and once it's deposited in an Amazon account, you can't buy gift cards with it because of their policy. If you don't want the restrictions imposed by Amazon, don't buy Amazon gift cards; instead, just use your actual money to buy things.  If you're worried about the cards being stolen, just deposit them into your account right away and you eliminate the risk of them being stolen.  If, as you say, you bought the cards for yourself, there's no reason not to do this; presumably you bought them so you could buy things on Amazon, and you'll have to deposit them into your account eventually anyway to do that, so just put them in right away. I don't know specifically how Walmart cards work, but I assume they're the same.  In general, anything called a ""gift card"" offered by a particular retailer works the same way: you can't do anything with it except buy products at that retailer. The only thing that really makes Amazon different is that the only way to use your card is to add the money to your Amazon account, because the only way to pay for things on Amazon is with an Amazon account.  There's no way to spend just some of the value; you have to deposit it all into your account.  With gift cards for retailers with physical locations, you can usually use the value up piecemeal, by actually going to a store and spending just enough to buy something.  (I assume Walmart works this way, although I don't know if you can use an e-gift card this way there.)"