Question: Working on a tax free island to make money?

If you're an American, and willing to give up citizenship, good luck to you.  Otherwise, Uncle Sam still wants his due -- Americans are responsible for paying taxes on income earned anywhere on earth, regardless of their residence.

"You are likely making an assumption that the ""Short call"" part of the article you refer to isn't making: that you own the underlying stock in the first place. Rather, selling short a call has two primary cases with considerably different risk profiles. When you short-sell (or ""write"") a call option on a stock, your position can either be: covered, which means you already own the underlying stock and will simply need to deliver it if you are assigned, or else uncovered (or naked), which means you do not own the underlying stock. Writing a covered call can be a relatively conservative trade, while writing a naked call (if your broker were to permit such) can be extremely risky. Consider: With an uncovered position, should you be assigned you will be required to buy the underlying at the prevailing price. This is a very real cost — certainly not an opportunity cost. Look a little further in the article you linked, to the Option strategies section, and you will see the covered call mentioned there. That's the kind of trade you describe in your example."

"My gut reaction is how legal is his statement?  *""So where am I going with all this? It's quite simple. If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company... So, when you make your decision to vote, ask yourself, which candidate understands the economics of business ownership and who doesn't? Whose policies will endanger your job? Answer those questions and you should know who might be the one capable of protecting and saving your job.""*  If an employer sent this to me I'd seriously consider that a threat in regards against how I practice my political beliefs.  It undermines my right to educate myself."

"Usually not the total interest, but all interest accrued and unpaid to date. This is called the ""Loan Payoff Amount"", and repays the bank their principal plus the ""true"" cost of capital on that principal since your last amortized payment (which is probably never, since you just signed the loan papers). There may also be a ""prepayment penalty"". This is something that should have been disclosed to you if it exists, but it's fairly rare in U.S. mortgages anymore.  The theory is, the bank got the money they paid you at the start of the loan by selling a bond package backed by your mortgage and others of similar credit history and/or about the same time (a ""mortgage-backed security""). By turning around and paying early, you meet your obligation, but the bank is now stuck with at least 10 years of quarterly coupon payments on that bond, which they were expecting to pay using your mortgage interest. For their trouble, you would pay an additional amount that either covers their ""call price"" on the portion of the bonds used for your principal, or simply buys them the time to re-issue a new mortgage using your repaid principal to back the bond again. In the modern housing market, such a prepayment penalty is very rare, because so many lenders are willing to give you a mortgage without one, and so many buyers balk at the thought of having to pay more if they pay early; the whole point is to pay less by paying early. Just something to look up in your mortgage documentation."

The health specs is actually our cooking techniques and cleaning procedures of the restaurant. I'm not 100% certain, but I think they tracked that the E. Coli was from a distributor defect and not as much the restaurant. And GMO is not bad at all, I never said that, just that the non-GMO ingredients are obviously different, so they're gonna taste different than GMO produce and food.

Yes. I doubt I'll see a penny of that money, but will now forever have to wait for the other shoe to stop, not only on my credit cards being stolen but also potentially my identity. There's no time limit to this, could be years later. It really sucks, you're lucky not to be involved.

I think sometimes this is simply ignorance. If my marginal tax rate is 25%, then I can either pay tax deductible interest of $10K or pay income tax of $2.5K.    I think most americans don't realize that paying $10K of tax deductible interest (think mortgage) only saves them $2.5K in taxes.  In other words, I'd be $7.5K ahead if I didn't have the debt, but did pay higher taxes.

The middle class needs support, not eroding. Negative interest rates would work for starters in getting that corporate profit capital moving in society, not this avoidance of responsibility from above by passing the buck to the people. By the same token therefore, voting more is not going to solve things quicker. Why say 'politics will not fix this' and then declare 'vote someone in to change it fast' after throwing a few figures and catchphrases at us? A convoluted, nonsensical waste of time.


Question: Shareholder in US based company

Companies need to go public before you can buy their shares on a public stock exchange, but all companies have shares, even if there's only one share. And anyone who owns those shares can give them to whoever they like (there are generally restrictions on selling shares in unlisted companies to unsophisticated investors, but not on giving them away).

"saying that someone is ""the CEO of their product"" (and the variants: for sales: ""the CEO of their territory"", for any one else: ""the CEO of their valuestream"") is idiotic and wrong.  It's a simple-minded nonsense perpetuated by unimaginative line managers.  It's downright insulting when directed at individual contributors."

"With regard to PMI. You propose to put down 5% less, i.e. 15% instead of 20%. This is $12,500.  How much is the PMI? You will pay interest on the $12,500 extra you are borrowing, but also stuck paying that PMI for a number of years. Say the PMI is $100/mo. That's like paying nearly 10% on top of the interest you are already paying.  If you get a firm quote on what the PMI will cost you, you can make an informed decision. Borrowing at a bit of a premium may make sense, but much about 7-8%, and I'd rather take the risk of needing to raise cash elsewhere. PMI is tough to get rid of until you are at 80% LTV.  Edit -Beautiful link from Chad below. Now for the real math - You borrow 85K (to keep math easy) which is 15% down on a $100K house. 1.1% of $85K is $935/yr. But, you see, you are subject to that because you couldn't raise that last $5000. And $935 is 18.7% of that $5000. The PMI is on the whole mortgage, not on that extra bit you owe. Permit me to say ""holy crap! 18.7% is higher than my worst credit card, and more than I'd pay to borrow nearly anywhere else.""  The percent is the same regardless of the mortgage, this is the math to borrow at an 85% LTV. And why I suggest things like using one's 401(k) as a bridge for such amounts. For the OP, the $12K delta.  (Note, the link shows an update to 1.2% which makes the real cost 20.4%) The numbers are not as crazy when borrowing 95% LTV. ""only"" about 7.9% on the extra needed. Crazy as it sounds, this is how the math works."

"You're absolutely right.  I'm not commenting on the fact that retail stores still do massively more business than Online, nor the that they have a significant advantage when the balance begins to shift.   My only comment is that their data doesn't support their conclusion. They concluded that 90% of business is done in retail stores. No, 90% of business *involves a retail component*, including the somewhat dubious ""Returns""- which is not part of the sales process and would understandably want to happen in a retail setting."

">  Facebook has become one of the big companies pushing for/creating newer better networking gear servers   Completely untrue, unless you count ""complaining about infrastructure"" as ""creating newer better networking gear servers"".  Sorry, but they do nothing demonstratively constructive in this field."

Sort of unrelated to the main post here, but I've been hoping to buy a few shares that would motivate me to follow the market and get a bit of hands on experience to better understand it all.  What trading program would you recommend for a few simple trades like that?  Thanks!

That's what she said.  But seriously, I'm very much against SOPA, but I don't want to open the floodgates and have this sub reddit become inundated with politicizing on this issue or any other.   I'll let this one stay for now, but if it starts trending towards more and more of it, I'll drop the ban hammer.

"I mean, are we moving from ""everyone deserves enough wage to fully live on no matter how much value their job creates"" to ""everyone deserves full on nice place to live no matter what""?  My wife and I are living in 2 rooms of someone else's home because neither of us graduated college. That's an office we share and a bedroom. We are either sleeping or working. Often at different times because she works night shift. Our bathroom is the ""anybody who happens to be downstairs and anyone who visits the house bathroom"".  She's currently studying for a job upgrade and I've started a business that's beginning to get traction, but that's recent. We made bad decisions that led to not great jobs. But we realized that the only people who could pick us up and help were ourselves. My refrigerator just died, and I no longer have a vehicle because some loser decided he wanted to pull  out in front of me at the last possible second. My family helps, but they can't prop us up, and I DON'T WANT THEM TOO.  If you're working a minimum wage job, educate yourself. Build something else. Free education is all over the internet and you can literally make yourself a job now with nothing but a computer (fuck, a smartphone) and your work ethic. Nobody who will hire you gives a shit about your skin color or gender or anything like that. They care about whether or not you can provide value.  Let teenagers sling fries and pack boxes. Fucking grow up and learn how to code. Learn how to work on cars in your spare time. Education is now free and it's the ticket to a better life. Jesus fuck.  Saying things like ""Stop eating avocado toast and you could afford a house"" is bullshit.   But to say ""use free resources to help yourself instead of staying at McDonald's and spending your time on nonsense bullshit, and maybe you could soon make more than minimum wage"" sure isn't. I've worked minimum wage and driven an hour from my house for the privelege.  If you aren't willing to improve yourself and your skillset, then fuck yes, live under the stairs like Harry Potter.   There's no reason Gary Vaynerchuk goes from working at his dad's liquor store to millionaire, but someone else can't go from McDonald's to making a real ""living wage"".  There's no reason JK Rowling went from nothing to giving away so much money that she dropped from billionaire to millionaire, but someone else can't learn how to write as copy or social media for businesses.  Live under the stairs. Make minimum wage. But don't bitch about it if you aren't fucking working to change your circumstances, because to be honest, nobody owes you or me shit."


Question: Will Short Sale Prevent Me From Getting VA Home Loan Later?

From MyFICO: A foreclosure remains on your credit report for 7 years, but its impact to your FICO® score will lessen over time. While a foreclosure is considered a very negative event by your FICO score, it's a common misconception that it will ruin your score for a very long time. In fact, if you keep all of your other credit obligations in good standing, your FICO score can begin to rebound in as little as 2 years. The important thing to keep in mind is that a foreclosure is a single negative item, and if you keep this item isolated, it will be much less damaging to your FICO score than if you had a foreclosure in addition to defaulting on other credit obligations. (personal note - I tip my hat to you, sir. Regardless of party, we owe our Vets a debt of gratitude. If I had my way, a VA loan would ignore the past short sale. I wish you well. And thank you for serving)

Putting your money in the same account as a parent could cause many problems, with very few benefits. One of you would have to claim the dividends and capital gains that the fund might earn during the year. That person might have to pay taxes on those earnings. You would have to find some way of figuring out how to split the costs, and somebody would have to reimburse the other. If one person wanted to sell, figuring out which shares to sell would be much more complex. If these are retirement accounts, which have maximum limits based on income, and the use of other retirement accounts, there is no way to co-mingle the funds. Even if it was possible to combine the funds, the reality is that two people decades apart have different investment goals, and risk tolerances, so the types of investments that a great for one, are very poor for the other. The only benefit is that an existing account would already have more than the minimum investment, so some investments would be easier to make. Also some investments have lower fees if you meet specific investment thresholds. If the fund increases in value by 10% in a year, it doesn't make a difference if the value at the start of the year was 10K or 100K. The rate is the same. The benefits are minor and few; the drawbacks are many; and some situations make it impossible to co-mingle the funds.

text blast is the now marketing. I think any company should try it right away. It is cheap and effective. texting service is something for your company to look into. I have been working in this text advertising for several year, so I do know the insight. Please contact me if you have any question.

"Hans Rosling has pointed out that most people have worse ideas about large issues in the world (specifically development, trends, etc.) than would be developed from random (""I asked the chimps and they got it right 33% of the time"").    Highly educated people world-wide are wrong on poverty in the world, mortality, wealth distribution, economic variations in regions, etc. in vastly higher numbers than can be accounted for by no knowledge, it's rather wrong knowledge (bad generalization rules).  The generalization rules come from teachers, books, materials, etc. that have not incorporated the vast amounts of change (the emerging areas of stability and affluence in sub-Saharan Africa following the path of Korea for example) or the fact that world population will stabilize at 40% African, 40% Asian, etc at 11-12 billion people with zero growth as soon as those currently born are all reproducing and current generations reach death age as we are currently at zero population growth rates world-wide.  The videos are quite entertaining and informative (there are a lot of them as Hans Rosling tried to spread the word about this from 2003 on)  It's about making use of the data that we have (most of which is hidden in hard-to access charts, reports, data bases, etc -- Gapminder is devoted to summarizing and displaying this in easily understood forms"

The limits for 2011 and 2012 are $5000 or $6000 if you are 50 or older. The 2011 income limit is $169K, but that's MAGI, not gross. With a $180K income, your MAGI is likely below $169, but you can only tell by looking at your return. If you are this close, you might have to convert to a non-deducted IRA, or withdraw the money. Else, you can fund the 2011 IRA when you file the return in 2012 to be sure.

"Just a word of warning: Most of the companies that promise to repair your credit are scams or close to them.  You could just as easily do yourself what they are going to charge you for. Essentially they write a letter to the credit agencies disputing most or all of the bad stuff on your credit report. When you do that, the credit agency sends an inquiry to the company that reported the negative information requiring them to justify it. If that company doesn't respond within x days, they remove the item from your credit report. These companies depend on the fact that some companies aren't going to hit that deadline or even respond. Perhaps they are just too busy to hassle with providing backup documentation for a $20 late payment. They are banking on getting a few of these cheap ""outs"" to your benefit and charging you for what amounts to sending out a bunch of form letters. If you don't mind writing a bunch of letters, then you can save a lot of money and get the exact same results. These companies want to pretend they have some insider knowledge or fancy lawyers that know special credit-magic, but they generally don't. The only option I'd consider legitimate and not a waste of your time is a referral from the non-profit National Federation for Credit Counseling. They aren't going to ""fix your credit"", but will give you advice on budgeting and repairing your credit on your own."

"Payment gateways such as Square do not normally withhold tax. It is up to you to pay the appropriate tax at tax time. That having been said, Square does report your payments to the IRS on a form 1099-K if your payments are large enough. According to Square, you'll get a 1099-K from them if your total payments for the year add up to $20,000 AND more than 200 transactions.  Whether or not they report on a 1099-K, you are required to pay the appropriate taxes on your income.  So now the question becomes, ""Do I have to pay income tax on the proceeds from my garage sale?"" And the answer to that question is usually not. When you sell something that you previously purchased, if you sell it for more than you paid for it, you have a capital gain and need to pay tax on that. However, generally you sell things in a garage sale at a loss, meaning that there is no tax due.  If you make more than $20,000 at your garage sale and the IRS gets a 1099-K, the IRS might be curious as to how you did that with no capital gain. So if you sell any big ticket items (a bulldozer, for example), you should keep a record of what you paid for it, so you can show the loss to the IRS in the event of an audit."

The core idea behind this statement is that there is always money for what you prioritize. If you try to use whatever is left over after your bills for savings, you probably won't save very much if anything. In practice, you decide on a fixed amount of money you will save out of each paycheck and put that aside in an investment or savings account, then pay your bills out of what is left.  Essentially it is a way to counteract the tendency of your lifestyle rising to exactly meet your income and leaving nothing for savings.


Question: What would I miss out on by self insuring my car?

"Convenience, and of course money. In case of an event, you'll have to spend the full worth of money to fix/replace, while if you're insured - you get the insurance to pay for it. It is up to you to decide, if the money saved on the lower premiums worth the risk of paying much more in case of an event. Of course, the cheaper the car the more it makes sense not to pay the premiums. Many people do that. Regarding the bargaining power, I actually think that you would pay less if it is not going through insurance than the bill the insurance pays. I fixed a nasty dent for like $300  at one shop, while at the other they said ""It's $1200, but what do you care, your insurance will cover it"" (I had $500 deductible, so in the end it was cheaper for me to pay $300 without the insurance at all)."

Statistically speaking active strategies **are** strictly on par with, or worse when you subtract fees, than passive strategies (regardless of how much time or money you spend investigating companies). Actively managed mutual funds are by and large just a racket where one class of rich people soaks another class of rich people plus some of the middle class. So yeah they should go ahead and call it a day. About time IMO.

I wouldn't put too much stock in the guidance generically... it's more a measure of confidence in the company. When you listen to the earnings calls and start following a particular analyst, you'll understand where they come from when they kick out a number.

If you use Google Shopping to promote your products, then you should seek out QliQ. They offer management services for your Shopping campaigns tailored to improve your brand’s online visibility. They will also enhance your product’s advertisements using unique keywords to attract more potential customers. Log on to https://www.qliq.co/ for more details about their services for Google Shopping.

The stock market is not the economy you dimwit. Also, it takes several months for economic policy decisions to take effect, as others have pointed out, so current economic situation is largely the effects of the previous administration.  This doesn't mean Trump is doing a bad job, it's just too early to tell for the time being. So stop being a stupid cunt and sucking Trump's proverbial cock, the man doesn't even know you exist and he's not an emperor and you shouldn't act like a peasant grovelling to get his grace bestowed upon you, you fucking dirt farmer.

Just so you know, in a small claims court limits are less than $10K so even if you win, you will get just half the money.  Hiring an attorney can be expensive. Never lend money to family or friends unless you don't expect to have it back.  Keep the friendship and the money.

You assume that you'll be working at a bulge bracket, who have structured programs and are used to hiring globally.  If you go work at a hedge fund, it could end up being a small shop who would rather not deal with any additional issues.  On my campus - many companies don't hire international just because there are so many qualified domestic applicants.  This is probably the most competitive and lucrative field out of any profession.

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.


Question: Tax treatment of renovation costs and mortgage interest on a second house

Should I treat this house as a second home or a rental property on my 2015 taxes? If it was not rented out or available for rent then you could treat it as your second home. But if it was available for rent (i.e.: you started advertising, you hired a property manager, or made any other step towards renting it out), but you just didn't happen to find a tenant yet - then you cannot. So it depends on the facts and circumstances. I've read that if I treat this house as a rental property, then the renovation cost is a capital expenditure that I can claim on my taxes by depreciating it over 28 years. That is correct. 27.5 years, to be exact. I've also read that if I treat this house as a personal second home, then I cannot do that because the renovation costs are considered non-deductible personal expenses. That is not correct. In fact, in both cases the treatment is the same. Renovation costs are added to your basis. In case of rental, you get to depreciate the house. Since renovations are considered part of the house, you get to depreciate them too. In case of a personal use property, you cannot depreciate. But the renovation costs still get added to the basis. These are not expenses. But does mortgage interest get deducted against my total income or only my rental income? If it is a personal use second home - you get to deduct the mortgage interest up to a limit on your Schedule A. Depending on your other deductions, you may or may not have a tax benefit. If it is a rental - the interest is deducted from the rental income only on your Schedule E. However, there's no limit (although some may be deferred if the deduction is more than the income) if you're renting at fair market value. Any guidance would be much appreciated! Here's the guidance: if it is a rental - treat it as a rental. Otherwise - don't.

Take the easy approach - as suggested by John Bogle (founder of Vanguard - and a man worthy of tremendous respect). Two portfolios consisting of 1 index fund each. Invest your age% in the Fixed Income index fund. Invest (1-age)% in the stock index fund.  Examples of these funds are the Total Market Index Fund (VTSMX) and the Total Bond Market Index (VBMFX). If you wish to be slightly more adventurous, blend (1-age-10)% as the Total Market Index Fund and a fixed 10% as Total International Stock Index (VGTSX).  You will sleep well at night for most of your life.

At 1.4 Million, you can definately afford a professional advisor who would give you the best advice taking into account all your goals and risk appetite.

Wiring is the best way to move large amounts of money from one country to another.  I am sure Japanese banks will allow you to exchange your Japanese Yen into USD and wire it to Canada.   I am not sure if they will be able to convert directly from JPY to CND and wire funds in CND.  If you can open a USD bank account in Canada, that might make things easier.

If she lives by herself, my guess would be that she qualifies as a household of one. Either way, her monthly income is below the threshold, so she should be eligible. Per the linked website The only way to determine if your household is eligible for SNAP benefits is to apply. I'd say it's worth a try.

Sure QNX is a good embedded operating system, but it's hardly the lack of a bulletproof real-time OS that's causing RIM problems right now. They were already known for making pretty reliable phones for basic telephony and messaging. Their problem is that the Blackberry OS interface and third-party application support is shit. QNX doesn't help them with that; in fact, it puts them even further behind.

While my margin is not nearly as good as yours, I sell out early.  I generally think it's a bad idea to hold any single stock, as they can vary wildly in value.  However, as you mention, it's advantageous to hold for one year.  Read more about Capital Gains Taxes here and here.

You should examine the letter more closely.  Most letters in this area are ones which inform you of a proposed settlement of a class action (not the initiation of a class action), and that you may be a member of the class.  A main point of such a letter is normally that if you take no action, you will be included in the settlement class.   Usually there are no major consequences to not opting out of the class other than you will lose the ability to get a lawyer and sue the defendants for the actions in question. To obtain benefits from the settlement, you will typically be required to submit documentation of the nature of your membership in the class.  This may be easy or hard.  The benefits are described in the materials, and could be substantial but usually are close to trivial, such as a coupon for $10 off when purchasing another product from the defendant.


Question: Do I pay a zero % loan before another to clear both loans faster?

By paying the $11,000 into the 2.54% loan you will save $23.30 in interest every month. By paying the $11,000 into the 3.625% loan you will save $33.20 in interest every month. If your objective is to get rid of one loan quicker so repayments can go to the other loan to pay off sooner, I would put the $11,000 into the 2.54% loan and pay that off as quick as possible, then put any extra payments into the mortgage at 3.625%. Pay only the minimum amounts into the 0% car loan as this is not costing you anything.

First off, congratulations on taking care of your finances and paying off your cards!  Takes a lot of discipline.   If your next oldest card is just a year apart, you can safely close this card.

Limit orders are generally safer than market orders. Market orders take whatever most-favorable price is being offered. This can be especially dangerous in highly volatile stocks which have a significant spread between the bid and ask. That being said, you want to be very careful that you enter the price you intend into a limit order. It is better to be a bit slower at entering your orders than it is to make a terrible mistake like the one you mention in your question.

Haha, I meant fair enough to his point, which to be clear I don't believe he is achieving.  The article is still poorly argued, I agree with you.  I'm not convinced I'm going to win any arguments about that, though, and kicking the wildly irrational BTC hornets nest on reddit is something I've grown tired of.

And this is why we calculate actual yield and not just coupons. Nobody pays par for high yield notes. If the company performs well, the price of your note goes up and you can realize a gain when is called or your sell it.  High yield works exactly like equity, and in a lot of cases it's better because it spits out cash in the meantime.  I'm not even allowed to call the interest I get on my HY notes as interest. All realized gain.

"Careful. Economy, Personal Finance, and classical investing subreddits hate crypto, for the most part. They have decent points, but most of the time they're stuck in antiquated modes of thought. It's like describing the internet to phone or cable companies in the 80's: ""It's just a fad for nerds. It'll pass."""

I'd say that it cannot be meaningfully calculated or measured because the two are just too different in every way. Poker Stock trading I guess the last point (that someone relying on luck is exploitable in poker but not in stock trading) could be interpreted as stock trading being based more on luck, while the second and third points indicated that poker has more true randomness and is thus based more on luck. Something both have in common is that people who have been losing money are often tempted to take stupid risks which lose them everything.

You and your husband are fronting all the money upfront. I'm guessing this will cost you around 67,000 once closing costs and fees are included. So obviously you would be hundred percent owners at the beginning. You'll then pay 31% of the mortgage and have your sister pay the remaining 69%. This puts your total investment at the end at 67k + 74.4k + 31% of interest accrued, and your sisters total investment at 165.6k+69% of interest accrued. If you hold the full length of the mortgage, your sister will have invested much more than you( assuming 30 year fixed rate, and 3.75%, she'd pay 116.6k in interest as opposed to your 49.6k) She will have spent 282.2k and y'all will have spent 191k. However if you sell early, your percentage could be much higher.  These calculations don't take into account the opportunity cost of fronting all the cash. It could be earning you more in the stock market or in a different investment property. Liability also could be an issue in the case of her not being able to pay. The bank can still come after you for the whole amount. Lastly and most importantly, this also doesn't include the fact that she will be living there and y'all will not. What kind of rent would she be paying to live in a similar home? If it is more than 1400, you will basically be subsidizing her living, as well as tying up funds, and increasing your risk exposure. If it is more than 1400, she shouldn't be any percent owner.


Question: When to use geometric vs. arithmetic mean? Why is the former better for percentages?

Simple.  Say in 2012 you were up 50% (brilliant) but then in 2013 you were down 50% (sorry). i.e. if you started with $1000, you were up to $1500, then down to $750. You lost $250 overall. If you were to compute the mean of the percentages using each method, then: Arithmetic mean: The average of +50% and -50% (really 150% and 50% of each period's initial value) is zero, not up or down. Geometric mean: 1.5 * .5 = .75, i.e. you are down 25% over 2 years, or about 13.4% per year. It should be clear the Geometric makes more sense in such a case.

I assume you are talking about a publicly traded company listed on a major stock exchange and the buyer resides in the US. (Private companies and non-US locations can change the rules really a lot.) The short answer is no, because the company does not own the stock, various investors do. Each investor has to make an individual decision to sell or not sell. But there are complications. If an entity buys more than about 10% of the company they have to file a declaration with the SEC. The limit can be higher if they file an assertion that they are buying it solely for investment and are not seeking control of the company. If they are seeking control of the company then more paperwork must be filed and if they want to buy the whole company they may be required to make a tender offer where they offer to buy any and all shares at a specific price. If the company being bought is a financial institution, then the buyer may have to declare as a bank holding company and more regulations apply. The company can advise shareholders not to take the tender offer, but they cannot forbid it. So the short answer is, below 10% and for investment purposes only, it is cash and carry: Whoever has the cash gets to carry the stock away. Above that various regulations and declarations apply, but the company still does not have the power prevent the purchase in most circumstances.

"With all due respect to economics everywhere and the armchair economist. I think they overlook one very basic fact. The alternative to buying popcorn  at the cinema is buying it cheaper at the store, or making your own and bringing it to the cinema. Cinemagoing is something you tend to do with a date (and sometimes your friends) and who wants to look cheap to their date (and perhaps their spouse/friends) bringing popcorn to the cinema?  This ""cheapo-gentlemens"" effect together with convenience is probably the reason why popcorn can remain so expensive at cinemas."

Since near-term at-the-money (ATM) options are generally the most liquid, the listed implied vol for a stock is usually pretty close to the nearest ATM volatility, but there's not a set convention that I'm aware of.  Also note that for most stocks, vol skew (the difference in vol between away-from-the-money and at-the-money options) is relatively small,  correct me if I'm wrong, IV is the markets assessment that the stock is about 70% likely (1 Standard Deviation) to move (in either direction) by that percent over the next year. Not exactly.  It's an annualized standard deviation of the anticipated movements over the time period of the option that it's implied from.  Implied vol for near-term options can be higher or lower than longer-term options, depending on if the market believes that there will be more uncertainty in the short-term.  Also, it's the bounds of the expected movement in that time period. so if a stock is at $100 with an implied vol of 30% for 1-year term options, then the market thinks that the stock will be somewhere between $70 and $130 after 1 year.  If you look at the implied vol for a 6-month term option, half of that vol is the range of expected movement in 6 months.

You can use www.etfdb.com and search on geography.

It is obviously better to settle a little issue of AC now than to hold up and let it develop into a more concerning issue later. Additionally, holding up and proceeding to run the unit can expand your electric bills and even make perilous circumstances.

The techs didn't plug them into the goddamned centrifuge controllers,  otherwise only one would be destroyed then. They were all networked and a different network computer had the drive plugged in and infected the centrifuges. The exact same attack vector would work against atms

Toronto is a lot bigger then you think. It doesn't just include downtown Toronto and what not. Don't forget they already have a distribution centre in Missisuaga so the area isn't anything new to them. Amazon also apparently wants to have it in Canada.


Question: Loan holder wants a check from the insurance company that I already cashed and used to repair my car

What would happen if you was to cash a check, didn’t realize it was   to you and your finance company, take it to a local business that has   a money center, they cash the check without even having you sign let   alone having the finance companies endorsement on it . The money   cleared my account like a couple months ago and it was just brought up   now .. ? The reason why the check was made out the owner and the lender is to make sure the repairs were done on the car. The lender wants to make sure that their investment is protected.  For example: you get a six year loan on a new car. In the second year you get hit by another driver. The damage estimate is $1,000, and you decide it doesn't look that bad, so you decide to skip the repair and spend the money on paying off debts. What you don't know is that if they had done the repair they would have found hidden damage and the repair would have cost $3,000 and would have been covered by the other persons insurance.  Jump ahead 2 years, the rust from the skipped repair causes other issues. Now it will cost $5,000 to fix. The insurance won't cover it, and now a car with an outstanding loan balance of $4,000 and a value of $10,000 if the damage didn't exist needs $5,000 to fix.  The lender wants the repairs done. They would have not signed the check before seeing the proof the repairs were done to their satisfaction. But because the check was cashed without their involvement they will be looking for a detailed receipt showing that all the work was done. They may require that the repair be done at a certified repair shop with manufacturer parts.  If you don't have a detailed bill ask the repair shop for a copy of the original one.

It isn't great news, but it is still slow improvement. Check the prime working age labor force participation rate, employment population ratio, average wage, or average hours worked. They all tell the same story. An economy that isn't recovering as fast as anyone would like, but one that is clearly recovering.

Isn't 'net' implying that job losses are already accounted for?  edit:  Now I'm thinking you're saying that the jobs Amazon destroyed need to be subtracted from their net.  Hmm.. Mathematically sound.  Practically next to impossible to determine an accurate number, I expect.

Instead of gnucash i suggest you to use kmymoney. It's easier

"after 30 years, you'd have a million dollar house vs a quarter million dollar house. You've captured three quarters of a million dollars in rent, given my napkin math hypothetical. As I figure the math, a 250,000 house appreciating to a million dollar house in 30 years requires a sustained ~4.9% appreciation every year--seems unrealistic. The historical rate of inflation, on average, has been closer to 3-3.5%; a 3% appreciation would give a final value of $589k.  This also doesn't taken into account the idea that you may have bought a property during a housing bubble, and so then you wouldn't get 3% year-over-year returns. But also, in terms of ""capturing rent"", you are not factoring in necessary or possible costs that renting doesn't have:  mortgage interest and insurance, maintenance, property tax, insurance, buying and selling associated fees, and, importantly, opportunity costs (in that the money not tied up in the house could be invested elsewhere).   So it is not such a slam dunk as you make it out.  Many use the NY Times buy/rent calculator to compare renting vs. buying."

Fees mostly.  BOA, for example, just announced $5/month for for all debit cards.  Chase has foreign transaction fees, mostly hidden. BOA once famously raised interest rates on credit card holders to 28%, legally.  Also, some people do not like patronizing a bank with CEOs that bankrupt the company and then get multi-million dollar golden parachutes. Finally some people have a problem with banks or institutions that suspend accounts based on political or unproven legal proceedings (ala Wikileaks and BOA).  Credit unions are less like to be involved in this sort of activity since they are not privately traded, and as such they are not ruled by shareholders who demand bottom line results at all costs.

I have several as well, (acquired the same way as you) and I am happy with the idea.  They are very stable and that is the reason they pay so little.  I don't think you can get a low risk and medium (or high) return.  The interest does reset every six months so you do get a bit of the market, should the fed set interest rates higher, you bonds will eventually reflect that. Bonds and Certificates of Deposit are just one element of your investment portfolio.  Put the money you can't lose into bonds, the money you can into higher risk stocks. Bonds are great from our grandparent's perspective because they are NOT going to lose value. (My grandparents were depression era folks who wanted that stability)  They are trivial to give as gifts.  Most other investment forms require a heavy bit more of legal work I would think.

"I don't think there's any federal law prohibiting them from allowing you to AutoPay more than your minimum.  Certainly there are federal laws telling them what to do with payments more than the minimum - they must apply the leftover to the principal by default - so the law doesn't assume you can't overpay. However, federal law does require them to advance your next payment date if you overpay by a multiple of your minimum payment; i.e., if your payment is $50 and you send them $100, you don't have to make your next payment [though interest still accrues of course].  It's possible Navient isn't interested in implementing this functionality in their AutoPay, who knows. In any event, assuming you have a bank that has AutoBillPay functionality, you may want to consider using that - either for the ""extra"" or for the whole amount (if Navient isn't giving you a discount for AutoPay - if so, use that at least).  Your bank is happy to cut a check in any amount and send it on, and Navient is required to apply it to the principal.  (Though if you do the autopay-and-billpay and are sending an extra amount less than a whole payment, verify that they're willing to accept amounts less than a full payment, first; not all lenders are.)"


Question: How do you find reasonably priced, quality, long lasting clothing?

On the quality angle a big part of it is experience, but the biggest thing is careful observation.  You have to take a close, critical look at any article of clothing.  (This holds true for just about any purchase.) As far as finding them for reasonable prices it's the usual thing: sales and buying them second-hand. Finally, regarding maintenance:

It's unfortunate that these spots cannot be filled with US citizens. Not sure if it's a problem with our education system, but our economy moved from manufacturing to services and high tech enterprise. I'm surprised our citizens are so underqualified that Microsoft is having trouble filling 6000 spots with millions of US citizens.

I wouldn't pay down your mortgage faster until you have a huge emergency fund.  Like two years' worth of expenses.  Once you put extra money toward principal you can't get it out unless you get a HELOC, which costs money.  You're in a position now to build that up in a hurry.  I suggest you do so. Your mortgage is excellent.  In the land of inflation it gets easier and easier to make that fixed-dollar payment: depreciating dollars. You seem like a go-getter.  Once you have your huge emergency fund, why not buy a few websites and monetize the heck out of them?  Or look for an investment property from someone who needs to sell desperately? Get a cushion that you can do something with.

It refers to the risk free rate of a particular country. Because all other rates are usually pegged to the risk free rate. In US,it is the 30 day treasury rate. In England, it is the LIBOR In Canada, it is the overnight rate at which banks lend money to each other. All of these come under the category of risk free rate.

I worked at Sears then commission only while in college. Taught me how to sell and I actually made decent money.  I see no problem with that in high ticket electronics sales as long as the business model supports it. Clearly the model didn't at Sears, CC, or HH Gregg

Which is also part of the chain's problems. Grocery store prices are pretty low and you can easily make something better yourself.   The only way you can get people to spend money is to provide a better experience and these chains provide a shitty one.

> Once it is triggered, the system triggers an event to the bank’s alarm system, flags video surveillance of an event, and starts up a device designed to “jam” skimmers by disrupting their reading of card data.  If this works as well as the article claims, why not simply have the magnetic jammers running constantly?

"Well, it's directly depositing money in your account, but Direct Deposit is something completely different: https://en.wikipedia.org/wiki/Direct_deposit Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges. Direct deposits are most commonly made by means of electronic funds transfers effected using online, mobile, and telephone banking systems but can also be effected by the physical deposit of money into the payee's bank account. Thus, since the purpose of DD is to eliminate checks, I'd say, ""no"", depositing cash directly into your account does not count as the requirement for one Direct Deposit within 90 days."


Question: Does an option trading below parity always indicate an arbitrage opportunity?

"Probably but not necessarily.  Your question could also be posed regarding cash & carry for commodities in contango: If I can take delivery on the gold now, short the gold next year and make delivery then, paying the storage fees, is this an arbitrage opportunity? It is in the sense that you know your delivery and the money you will make, but it's not in the sense that until delivery (or execution in the options case) you are still on the hook for the margins due from price fluctuations. Additionally you need to consider what ROI you will make from the trade. Even though it's ""guaranteed"" it may be less than what you can earn from other ""zero risk"" opportunities."

"Time Value of Money - The simple calculation for this is FV = PV * (1+r)^N which reads The Future Value is equal to the Present Value times 1 plus the interest rate multiplied by itself by the number of periods that will pass. A simple way to look at this is that if interest rates were 5%/yr a dollar would be worth (1.05)^N where N is the number of years passing.  The concept of compound interest cannot be separated from the above. Compounding is accounting for the interest on the interest that has accrued in prior periods. If I lend you a dollar at 6% simple interest for 30 years, you would pay me back $1 + $1.80 or $2.80. But - 1.06^30 = 5.74 so that dollar compounded at 6% annually for 30 years is $5.74. Quite a difference.  Often, the time value of money is discussed in light of inflation. A dollar today is not the same dollar as 30 years ago or 30 years hence. In fact, inflation has eroded the value of the dollar by a factor of 3 over the past 30 years. An average item costing $100 would now cost $300. So when one invests, at the very least they try to stay ahead of inflation and seek additional return for their risk.  One quirk of compounding is the ""rule of 72."" This rule states that if you divide the interest rate into the number 72 the result is the number of years to double. So 10% per year will take about 7.2 years to double, 8%, 9 years, etc. It's not 100% precise, but a good ""back of napkin"" calculation.  When people talk about the total payments over the thirty year life of a mortgage, they often ignore the time value of money. That payment even ten years from now has far less value than the same payment today."

"What is ""microlearning?""  After just checking Google, and after reading through the corporate jargon, it sounds like it's a fancy way of saying ""I don't know the answer to this question, so I'm going to Google it.""  Did I just ""microlearn"" without even realizing it?"

Here's a good run-down of what's required to handle the reporting of tip income. To address this question specifically, here's the relevant instructions from that post: If your allocated tips are less than what's recorded in your daily log, and you reported your tips to your employer, then it is likely that something is wrong with your employer's recordkeeping system. You can ask your employer to correct your W-2. You should report the allocated tips on Form 4137, plus any additional tips you show in your daily records.

I've been hearing storied from Germans that this is happening in Germany, too, but at the bank level. All anecdotal, people I've met telling me their personal stories, but they follow the same pattern. Go to the bank, try to take out a few grand for a vacation or large purchase, bank tells them they can't have that much and that they just have to do with less, even if the account balance covers the withdrawal.

I can think of three things you might do: Talk to a fee-only adviser. As the comments suggest, this would only be one or two sessions to lay out what all you have, establish what you want it to do, and write a plan that you are comfortable carrying out yourself. What do your 401k and Roth IRA look like? If you mean for this money to be long-term, then your retirement portfolio might be a good place to start. I don't currently own them, but one of my personally hobby horses is I-Series Savings Bonds, commonly called I Bonds. Even in the current low interest rate environment, they are a good deal relative to everything else out there. I summarized this more fully in my answer to another question. You can invest up to $10,000 per SSN per year, and the interest rate is the sum of a fixed rate plus a floating rate based on CPI. Currently the fixed rate is 0%, but the floating rate is better than what you can get from most other cash-like instruments.

One of the reasons is also general distrust to the government. Another one is that there exist special interest group which profits from the complicated scheme, keep adding special cases, and has stronger financial situation that the opponents of such complex scheme. People do not trust government, or companies, to act in their best interests. So they (we) waste huge amount of time and/or money to comply with byzantine income laws. In 2004 Democratic presidential primary, presidential candidate Wes Clark (who beyond being 4-star general has also master degree in economics from Oxford, and taught economics in West point) proposed similar scheme: for people with income under 50K, employer would do all the (simple) paperwork, if desired, and get return.  In the noise of the campaign, idea how to simplify taxes for half of the population was lost.  Funny how the only candidate in recent history who was both professor of economics (not MBA, which is about business and profits) and distinguished military hero, could not get any traction in Democratic party.

The $1300 turns into $2817/mo over a year. You've identified just over $1700 in expenses, but clearly missed a lot. Use what you wish, Mint, a spreadsheet, a notebook, I don't care. Just track every penny for a time. My property tax is due quarterly, so 3 months is minimum. It takes a year to get a full view of the items that are seasonal. Unless of course, the winter is mild (and your plowing expenses are low) or the summer is rainy (and the water bill for the grass is low.)  Even the above doesn't capture the things that are less regular. The house painting, the heater repair, etc.  The exercise itself is a great first step. As others stated $280 for cable/phone? Once you add the missing $900/mo, we'll know more.  What's really important is that you look at 100% of where the money goes and decide what the priorities are. No one's judging you, we chose the bigger house over eating out and expensive vacations. It's about knowing and understanding your choices.


Question: Where can I find recent information about which major shareholders changed their positions in a given stock?

For the united States forms must be submitted electronically with the Securities and Exchange Commission , they also must be posted to company websites.

I can't speak to Tangerine's system specifically, but I have used similar systems through Bank of America and Chase (both US-based).  It sounds like my experience in terms of identity verification were very similar, and I now use this to pay several contractors on a regular basis. No problems so far.

I wholeheartedly agree with this, of course there are limits, but in my experience it's not the pay that makes you truly happy. Though it certainly relieves certain day to day stress, it's mostly the people you work with that tend to make or break you liking your job. In order for me to leave my current job I'd probably have to get at least a 50% percent pay increase for me to even consider it. I will not trade my current happiness for money alone.

It was just for these two guys but we might be seeing a return to the finance hiring arms race for MBAs back in the 90's.  The number of MBAs every year has been dropping due to the recession but I think we're still a ways off from a hiring boom across the board.

I would like to add that from my own research, a pro to leasing over buying a new vehicle would be that with the lease the entire 7,500 federal incentive is applied directly to the lease, or so they say. If you buy a new car you get a 7,500 federal tax incentive also but if you dont have 7,500 bucks in taxes this wont be as much value. It doesn't sense to me to buy used since you dont get the tax incentive and also if you're in california the 2,500 rebate only applies to buying new or leasing 30 month or longer.

Yes, I think many of them actually do. All one has to do is look at how people responded to the [*exact same responses to Syria under Obama as well as under Trump*](http://nymag.com/daily/intelligencer/2017/04/gop-voters-love-same-attack-on-syria-they-hated-under-obama.html) to understand how much politics clouds people's thinking.   I think there is a percent of that population who never had to buy insurance before, and are not happy with having to now. I think there is a percent who had junk insurance before which wouldn't cover anything important and are upset that there is now a standard for coverage (and conveniently ignore the fact that they would leave the taxpayer responsible for covering it because the same people who buy shoddy insurance are usually the same people who can't cover catastrophic medical bills). Then I also think that there is a percentage of them who are facing the repercussions of their state government not enacting the Medicaid expansion and not taking part in the state exchanges. I think most of them have bought the party line - hook, line, and sinker - that this is all the ACA fault and that the GOP tinkering and obstructionism has nothing to do with it.

Do all/most unit trusts have equalisation policy? It is really that some value of the fund is given to the investor, so the fund value goes down by that much per unit. It depends on the type of mutual funds. For example, there are growth type mutual funds that do not give any dividend and the total value of the fund is reflected in its price. Do the companies whose stocks we owned directly apply equalisation policy on their dividends as well? Why not? As far a stock price is concerned, it usually decrease by the same amount of the dividend payout at ex-date, so in effect, the market in a way does the equalization, the company directly does not do it.

I'm not a finance professional by any means, but my understanding of cashier's checks is that they're more in favour of the person receiving. They're essentially guaranteeing that you have the money in your account to provide payment to the recipient.   The advice I've always received is to treat cashier's checks and money orders as straight up cash, because that's essentially what they are.  Hopefully someone else can come in with a better background, but I figured I'd pitch in.


Question: Income Tax on per Diem (Non Accountable plan)

A per diem payment is a cost of doing business for the company, not for you. They can claim it (probably); you can't (definitely).

"What percent of my salary should I save? is tightly coupled with its companion, What size “nest egg” should my husband and I have, and by what age? Interestingly, Mr.Christer's answer, 10%, is the number that plugs into the equation that I reference. Jay's 25X rule is part of this. We start with the assumption that one's required income at retirement will be 80% of their pre-retirement income. That's high by some observations, low by others. A quick look at the expenses that go away in retirement - The above can total 35-40% It would be great if it ended there, but there are costs that go up. The above extra spending is tough to nail down, after all, you knew what you spent, and what's going away, but the new items? Crapshoot. (For non-native speakers - this refers to a game with dice, meaning a random event) Again, referencing Mr Christer's answer ""financial planners whom you could pay to give you a very accurate number,"" I'm going to disagree with that soundbyte. Consider, when retirement is 30 years away, you don't know much If I can offer an analogy. I once had the pleasure of hearing Jim Lovell (The astronaut played by Tom Hanks in Apollo 13) give a speech. He said that for the first 99% of the trip to the moon, they simply aimed ahead of their target, never directly at the moon. In this manner, I suggest that with so many variables, accuracy is impossible, it's a moving target. Start young, take the 10% MrC offered, and keep saving. Every few years, stop and see if you are on target, if not, bump the number a bit.  Better to turn 50 and find that after a good decade you've reached your number and can drop your savings to a minimum, perhaps just to capture a 401(k) match, than to turn 50 and realize you've undersaved and need to bump to an unsustainable level. Imagine planning ahead in 1999. You've seen 2 great decades of returns, and even realizing that 18%/yr couldn't continue, you plan for a below average 7%, this would double your 1999 balance in 10 years. Instead you saw zero return. For a decade. In sum, when each variable has an accuracy of +/-50% you are not going to combine them all and get a number with even 10% accuracy (as if MrC were wrong, but the pro would tell you 11% is right for you?). This is as absurd as packaging up a bunch of C rated debt, and thinking that enough of this paper would yield a final product that was AAA."

No, there is no standard. I see all kinds of paper sizes, and the amount, date, etc. is all over the place. They are all rectangular, but otherwise there seems to be a lot of freedom.

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I think you're eligible for the tuition fee loan but not the maintenance loan. I think that SFE were suggesting that you'd be eligible under point 4 here 4: People with the right of permanent residence in the UK If you satisfy all the conditions under this category, you will be   eligible for full Student Support. To be eligible: (a) you have the right of permanent residence in the UK; and (b) you are ordinarily resident in England on the first day of the   first academic year of your course; and (c) you were ordinarily resident in the UK and Islands for three years   before the first day of the first academic year of the course; and (d) if your three-year residence in the UK and Islands was at any time   mainly for the purpose of receiving full-time education, you must have   been ordinarily resident in the UK or elsewhere in the EEA and/or   Switzerland immediately prior to the three-year period of ordinary   residence in the UK and Islands. It does not matter if you were in the   EEA and/or Switzerland mainly in order to receive full-time education   during this earlier period. Point (b) would be the reason for asking you to prove you were in England on 1 September, but since you were under three years old when you left the UK, you wouldn't satisfy point (c). You should be eligible for the tuition fee loan under point 2 2: EU nationals, and family If you satisfy all the conditions under this category only, you are   eligible only for a loan to pay your tuition fees. To be eligible: (a) on the first day of the first academic year of the course, you   must be:     a UK national; or a non-UK EU national who is in the UK as a   self-sufficient person or as a student; the relevant family member of   such a person above; and (b) you must have been ordinarily resident in the EEA and/or   Switzerland for three years before the first day of the first academic   year of the course; and (c) the main purpose for your residence in the EEA and/or Switzerland   must not have been to receive full-time education during any part of   the three year period.

This has never really adequately explained it for me, and I've tried reading up on it all over the place. For a long time I thought that in a trade, the market maker pockets the spread *for that trade*, but that's not the case.  The only sensible explanation I've found (which I'm not going to give in full...) is that the market maker will provide liquidity by buying and selling trades they have no actual view on (short or long), and if the spread is higher, that contributes directly to the amount they make over time when they open and close positions they've made.  It would be great to see a single definitive example somewhere that shows how a market maker makes money.

Those terms apply for businesses operating in the US, yes. The main takeaway should be to think of whether or not you need access to tons of capital, will have substantial risk of liability, or will operate with a partner. If the answer to all of these is no, you should use the structure which is most convenient/best for your taxes. I would look up sole proprietorships and see if that matches the definition of a sole trader.

"From my recollection of Warren Buffett's book ""Warren Buffett and the Art of Arbitrage"", the following factors determine the difference between the market price of a stock and the future expected price of an acquisition or merger: Time: Assuming the deal will close, the market price should approach the offer price as the closing date approaches. The fact that there is a 14% spread partially reflects the time value of money. Probability: Things could happen between now and closing date which could derail the deal. The higher the spread the more likely the market thinks the deal will not occur. For example, LO shareholders could reject the offer saying it is too low, or anti-trust regulators could say the deal is anti-competitive. Part of this 14% spread indicates the probability of the deal completing."


Question: Where can one download or subscribe to end of day price data for Tokyo stocks?

"Google Finance certainly has data for Tokyo Stock Exchange (called TYO on Google) listings.  You could create a ""portfolio"" consisting of the stocks you care about and then visit it once per day (or write a script to do so)."

"hey numb nuts, I've been working with blockchain implementation since before you became an armchair investor.  blockchain technology is an implementation of security by consensus, it can be between 2 people, and 100 million. bitcoin's incentive is the mother of all pyrimid schemes,""put value into this, so it has value, so you can get value out of it"". It was never suppose to be industrialized in the way it has been, and it's become an amoral waste of resources. further evidence can be found in the fact that bitcoin HAD no value except as a currency before people started hacking contracts and the like into it. Etherium is admirable in that it actually has some kind of intent of value built into it, but it's simply not good enough for high demand applications.  in a private chain, mining doesn't operate with an increasing cost, it *could* be done by a single system, which is good enough for an internal chain. The security comes from the immutability of the chain that is generated which is what everyone subscribed to the chain gains. once something is added, no amount of hacking a centralized system could change the confirmed blocks, an attacker might be able to add a bunch of new blocks, but you could (with consensus) roll back the entire chain.   as a simple example: a company has several partners who it coordinates exchange rates with. they set the value and they want to share that with their partners, while keeping an entirely tamper proof history of the set values. they start the chain, and allow their partners to subscribe to it. they can then set their system to add a block every hour, which contains the set values. now every partner is keeping a consensus based record of what the trading values were when. If for whatever reason an audit was required (ie say they suspect someone was trading higher/lower than they should have) they can audit the chain and see exactly what everyone agreed would be the price at the time the exchanges were made. if a partner messed with his chain to cover whatever shadiness he would be involved in, the other's would refute it. It would be exceptionally hard for any single bad actor to alter all the chains.  the incentive in a private chain is rolled into business incentives for record keeping. They gain value by keeping certain types of records secure in this manor, therefore it is worth it to do, they don't need a literal payout to keep their own records secure.  this is why companies want to use the blockchain, immutable records, secured by even loose consensus are more secure than a centralized database, but with little to no increase in operation overhead. It then further gains value in that it could lead to distributed & geosafe recorder keeping and management.  TLDR: lol you armchair finance guys."

What  sounddude said, mortgage servicing companies do not get to unilaterally change the terms of a mortgage.  Although I'm inclined to guess it was a simple coding error on BOA's part (wrong processing box got checked when mortgage was acquired) that was never caught, in which case BOA *should* be falling all over themselves to fix the situation (on their dime).  If they don't fix it in a hurry, then I'd hope they get their head handed to them in court in a hurry.

Every bank and credit union in the US has a Deposit Agreement and Disclosures document, Bank of America is no different. Our general policy is to make funds from your cash and check deposits   available to you no later  than the first business day after the day   of your deposit. However, in some cases we place a hold  on funds that   you deposit by check. A hold results in a delay in the availability of   these funds. that sounds great but ... For determining the availability of your deposits, every day is a   business day, except Saturdays,   Sundays, and federal holidays.   If   you make a deposit on a business day that we are open at one of our   financial centers before   2:00 p.m. local time, or at one of our ATMs   before 5:00 p.m. local time in the state where we  maintain your   account, we consider that day to be the day of your deposit. However,   if you make  a deposit after such times, or on a day when we are not   open or that is not a business day, we  consider that the deposit was   made on the next business day we are open. Some locations have    different cutoff times. so if you deposit a check on Friday afternoon, the funds are generally available on Tuesday. but not always... In some cases, we will not make all of the funds that you deposit by   check available to you by the  first business day after the day of   your deposit. Depending on the type of check that you deposit,  funds   may not be available until the second business day after the day of   your deposit. The first  $200 of your deposits, however, may be   available no later than the first business day after the day  of your   deposit.  If we are not going to make all of the funds from your   deposit available by the first business  day after the day of your   deposit, we generally notify you at the time you make your deposit. We   also tell you when the funds will be available. Ok what happens when the funds are available... In many cases, we make funds from your deposited checks available to   you sooner than we  are able to collect the checks. This means that,   from time to time, a deposited check may be  returned unpaid after we   made the funds available to you. Please keep in mind that even though    we make funds from a deposited check available to you and you withdraw   the funds, you are  still responsible for problems with the deposit.   If a check you deposited is returned to us unpaid  for any reason, you   will have to repay us and we may charge your account for the amount of   the  check, even if doing so overdraws your account. Fidelity has a similar document: Each check deposited is promptly credited to your account.  However,   the money may not be available until up to six business  days later,   and we may decline to honor any debit that is applied  against the   money before the deposited check has cleared. If a deposited check does not clear, the deposit will be removed  from   your account, and you are responsible for returning any  interest you   received on it. I would think that the longer holding period for Fidelity is due to the fact that they want to wait long enough to make sure that the number of times they have to undo investments due to the funds not clearing is nearly zero.

Finance...there aren't really entry level jobs in economics. Of course people get jobs as econ majors but real economists only get hired at the senior (phd) level to implement a strategy that they studied in academia. Finance gives you a better understanding of financial statements and operations.   Kansas may lack financial career opportunities and on campus recruiting.

"Agreed on all points.  You're still not saving a TON of money, given that you have to have a reasonable balance of salary/distributions, but an S-corp is the way to go if you're making substantial profit in order to save tax money.  I'll reiterate (my wife is a CPA and she guides me on my business) - you can't legally save ""untaxed earnings"" for next year."

It's been their strategy for years, I have colleagues who've worked in the packaging design departments for both Lidl and Aldi and it's blatantly obvious. When the briefs come in, designers are instructed to base the new design on a leading exisiting product's design, they have minimal time to design it and success is based on the careful balance of 'reminds consumer of brand, but is defensively differentiated.' So in other words make it close enough that it looks like and existing product but different enough that you could point out as many differences as there are similarities.   It's considered a pretty shady practice in the industry.

Experts, who are working for a drawn out stretch of time on this same space, can quickly comprehend the plan of your home and can in like manner plainly advise you about the cost of the whole administration. Tile installers tampa can offer you diverse sorts of choices. Indeed, even they can help you to choose the proper item relying on the state of the floor materials and on your spending arranges.


Question: Germany: Employee and Entrepreneur at same time (for getting AppStore payments)

"(Selling apps is AFAIK business, not freelancing - unless the type of app you produce is considered a freelancing subject. The tax office will give you a questionnaire and then decide).  As Einzelunternehmer, you can receive the payments for the apps to the same account where your wages go. However, there are lots of online accounts that do not cost fees, so consider to receive them on a separate account so you have the business and private kind of separate (for small Einzelunternehmer, there is no legal separation between business and private money - you have full liability with your private money for the business).  The local chamber of commerce can tell you everything about setting up such a business, ask them (you'll probably have to become a member there anyways). They have information as well on VAT (Umsatzsteuer, USt) which you need to declare unless you get an exemption (probably possible), and about Gewerbesteuer (the income tax of the business) etc. For the tax, you have ""subforms""  for the income tax e.g. for wages and for business income, so you just submit both with the main form. You'll get an appropriate tax number when registering the business.  Social security/insurance: as long as the app selling is only a side business, the social insurance payments for your main job completely cover the side job as well. You need to make sure that your employment contract is compatible with the app business, though.  A quick search indicates that there is a tax treaty between Germany and the Ukraine, Wikipedia says there are no contracts about social insurance in effect (yet)."

There are lots of things to consider in addition to your questions.  The rules changed in the US recently. I think you mean you will save more money. Your interest rate isn't likely to go up, but your principle will, so you will earn more interest income than before.   I would wager it won't be a significant amount however. You can certainly earn a reward, either cash back, points, miles or something else. BUT the sticking point with earning things with your card is harder than before.  Due to rules changes, merchants can now recuperate the fees they pay for accepting your credit card.  Rewards cards have a higher fee than non-rewards cards (because banks aren't in charities).  So now, depending on the merchant's choice, you could see a higher cost paying with a credit card (or a debit card) and that cost could wipe out your reward. And if your card has a fee, it has always been true that you need to evaluate the annual fee to confirm the benefit is more than paying for the fee. Additional advantages to credit cards

The deposit slip at the institution that keeps your Roth IRA should have a place where you can designate the tax year the contribution should apply to.

"Bonds are priced ""very high"" because their price is compared to their yields. With the current interest rates, which are very low, the bond yields will be low. However, bond issuers still need the money, so there still will be high par value, and investors will not sell bonds at a loss unless there's a better investment (=bonds with better yields). Once the rates start going up, you'll see bonds with current rates dropping in value significantly. Once alternatives appear, people holding them will start dumping them to move the money somewhere more profitable. Similarly the stocks - since there's no other investment alternatives (yields on the bonds are low, interests are low), people invest more in the stocks. Once the rates go up, the investors will start rebalancing portfolios and cashing out."

I feel your pain. It probably depends on your state, but two things we've tried with some benefit:

Besides that, that about my comment was actually 'wrong' no matter what you do have about 60 hours of Gen eds to take. Everything beyond that was advice and recommendations which are never 'wrong' because they don't claim to be empirically 'right' in the first place.

Revenue is not profit. The *vast* majority of that revenue goes to the rest of the value chain of the products (manufacturers & distributors). [Wal-Mart's profit margin is 3.77% of revenue](http://finance.yahoo.com/q/ks?s=WMT).  It's like saying VISA gets all the hundreds of billions of dollars people put on their credit cards, which is true, for a short period of time.  But if you dont want to do any critical thinking and just looking for confirmation of your beliefs, this infographic is great. :P

"Whats obvious is obvious, and yet the Pseudo Intellectuals come out with their  . .""Where is your tin foil hat"" and ridicule as if everything is a conspiracy theory.  Well . . .its seems the Jews . .which make up less than 1% of American society seem to control most of the wealth and all of the white house and every American politician must get his asshole inspected by AIPAC and suck their cock before he is deemed worthy, and you know what, the new Tax laws will make sure they get to keep what they stole from you and even pass it on through inheritance and contribute nothing to society except abstract mathematical financial products which will crash the economy and cost you your life savings.  But that's not a reality, that's a conspiracy  Whats reality is that Fuckerberg is actually a catholic school girl who made a US$ 60 billion web page and the Russians hacked the US election via Reddit and Face book.  Well enjoy the tin foil condom you get Shalomed with"


Question: LLC in states with customers with and without employees in the state

If I hire someone in Utah to do sales for me over the phone, and he   works out of his home, am I required to register an LLC or file my   current one as a foreign entity in Utah? Yes, since you've established presence in Utah. You'll register your current LLC in Utah, no point creating another one. If my sales guy, or I, call businesses in, say, Florida, and sell a   few businesses our services for online work like maybe a website   design, etc. Are we required to file our LLC In Florida as either a   new LLC or a foreign one? No, you need to register where you (your company, including your employees or physical offices) are physically present. You don't need to register in any state you ship products or provide services to. If no-one of your company's employees is present in Florida and you don't have an office/rent a storage there - then you have no presence in Florida. If you actually go there to provide the services - then you do.

If you were to stick to your guns, then yes, that's what you'd need to do. In practice, that kind of a hit should get your attention, and you'd be wise to look at why your investment dropped 10% in a month. Value averaging, dollar-cost averaging, or any other investment strategy needs to be done with eyes open and ears to the ground.  At least with value averaging you need to look at your valuation each month!  From my own experience, dollar-cost averaging breeds laziness and I ended up not paying much attention to what I was investing in, and lost a fair bit of money. Bottom line is you still have to think about what you're doing, and adjust.

"> I don't even have words for this.  I'm not surprised.  The ""you don't get to tell me what I can do with my money"" talking point has been hammered into American brains.  You would agree with most Americans that if the parents are in serious debt and pass away then the debt should not pass on to the child, yes?  It makes sense because why should the child have to pay for his parent's failures?  So why do you believe that debts shouldn't transfer but credits should?  If a child shouldn't get stuck with a parent's failures then shouldn't a child also not benefit from the parent's successes?"

Movie going (actual # tickets sold) [climaxed in 2002](http://www.the-numbers.com/market/) and the theater market has only been kept afloat since then by increasing ticket prices.  However, the more ticket prices increase, it creates a cycle where it's less attractive to go to the movies and so they have to increase ticket prices again.  Movie theaters typically cede most of the opening week revenue to the studio so they need some minimum foot traffic so a percent of audience buys the high margin popcorn and drinks.  Movie studios got greedier, wanting to take the movie out of the theater ever faster to multiple revenue-generating venues (Star Wars was in the theater a year+.... now all but the biggest movies are in, what, a few weeks?), costs to A/C-heat buildings rise, big TVs are cheaper every year, netflix, etc.  Not to mention the tablet, which I watch netflix on more than a big TV... and the rise of the formula superhero movie.  Pure no-value-added Theaters are on the way out in any areas with decent internet.  They arose in a time of touring stage entertainment and displaced many a live performance with this new moving picture tech.  Now they are being displaced by tech just the same.  A littering of restaurant theaters and imax or next tech theaters and the like will stick around in 25 years as attractions but it just won't be the same scale.  You can liken this to how consoles eventually killed the video game arcades, even with shittier hardware.  It's happening to retail market crashing down, and it happened to small chain book stores, CD stores, and a bunch of other categories, etc.  No surprise to anyone that pays attention and thinks the next tech/economical step.  In the end, it's really up to studios to decide if the movie theater is a relic worth keeping and only if they work jointly, and in the end it still might just buy them a few years til it sinks.  I don't think it's worth keeping.  My preferred local one is one of the better ones out of 4-5 (3 are small time with limited screens) and yet even they haven't replaced the carpeting in 15 years and it smells like piss in the summer.  This is in one of the richer areas of the country, not some ghetto, not going to the movies for that bonus whiff.

The general idea of the PRPP is so that small business who cannot afford to offer a plan alone will be able to pool resources with others along with self-employed to create voluntary, defined-contribution pension plans that would be managed by private sector financial institutions. The PRPP concept would offer more options to individuals as well  as   small and medium-sized businesses - Tax Rules for Pooled Registered Pension Plans  You can also find an overview here THE NEW PRPP – A Pension for the Pension-Less

"Tumble? Haha, spreading fear, uncertainty and doubt to get a entry price point, that's what I'm seeing in this 'tumble'. Bitcoin was under 2k in March 2017. People have enjoyed an amazing bull run this year. To correct at $3,500 USD would still be a decent profit. RemindMe! One Year ""Bitcoin price today"""

"Ok, here's the final statement from me. Think about it in the future.  > Your views are highly racial and not based on facts.   You know very very well that I do not hate ALL(!) Muslims!  [Here are facts about Muslims](https://www.reddit.com/r/The_Donald/comments/6f7y9l/stats_the_left_doesnt_want_you_to_see/)  Fear of Muslims is not ""Islamophobia"". It's a fear grounded in reality.  On the other hand, your view about Muslims is a baseless theory, just based on events in the last 24 hours.  Christians don't go on killing sprees during lent. Jews don't go nuts during Passover. Why do Muslims go all ""Allah Akbar"" during Ramadan?  Hence, ""Islamophobia"" is a word invented to Silence ANY Critics of Islam.  Do you see any problems with Islam and/or how it's practiced? If yes, would you tell a criticise a Muslim over that? Any problems you see with Jews or Christians?  > A Moron heres your speech translates it to beat up all muslims because they are the terrorists and will do so.   Plenty of morons in Poland, Japan, Hungary and Norway. Also in Germany. Where do you think the morons beat Muslims? **Where do they already hit Muslims, according to you?**  You said it yourself: Germans beat Muslims. Is it going to stop? Do you think it will be reduced if more Muslims come over?  > They actually do have a big Problem with antisemitism and this Problem needs to be addressed.  LOL!!!!!!! Honestly, as you probably know, many many Germans are antisemitic, past and present.  How is Germany, up until recently, doing addressing this issue? Success story? The same method will work to address antisemitism among Muslims?  Auf Widerehesen!"

It ought to be possible to buy a foreign exchange future (aka forex future / FX future). Businesses use these futures to make sure their exchange rate is predictable: if they put a bunch of money into manufacturing things that'll be ready a year later, it helps to know that the currency exchange rate shifts won't wipe out all their profits. If you're willing to take on some of that risk, and if things go your way, you can make money. They are essentially contracts between two private parties to pay each other a certain amount of money based on the movement of the currencies, so the Chinese government doesn't actually need to be involved and no renminbi need to change hands, you can just trade the contracts. Note that the exchange rate is currently fixed by the Chinese government, so you're going to be subject to enhanced levels of political risk, and they may not be as widely available or readily tradable as other foreign exchange futures, so check with a broker before opening your account. I couldn't find them on my personal Etrade account, but a quick Google search reveals CME Group offering some. There are probably others.  Foreign exchange futures are an advanced investing tool and carry risk. Be sure you understand the risk, in particular how much money you can end up on the hook for if things don't go your way. Also remember, futures expire: you're not just betting on the rate changing, but you're betting on it changing within a certain amount of time.


Question: Do online repositories of publicly traded companies' financial statements exist?

You can use the Securities Exchange Commission's EDGAR search engine to search all available SEC related filings. https://www.sec.gov/edgar/searchedgar/companysearch.html Top tip: use the fast search on the right to search for the company ticker rather than by company name.

"First of all, congratulations on admitting your problem and on your determination to be debt-free.  Recognizing your mistakes is a huge first step, and getting rid of your debt is a very worthwhile goal. When considering debt consolidation, there are really only two reasons to do so: Reason #1: To lower your monthly payment.  If you are having trouble coming up with enough money to meet your monthly obligations, debt consolidation can lower your monthly payment by extending the time frame of the debt.  The problem with this one is that it doesn't help you get out of debt faster.  It actually makes it longer before you are out of debt and will increase the total amount of interest that you will pay to the banks before you are done.  So I would not recommend debt consolidation for this reason unless you are truly struggling with your cashflow because your minimum monthly payments are too high.  In your situation, it does not sound like you need to consolidate for this reason. Reason #2: To lower your interest rate.  If your debt is at a very high rate, debt consolidation can lower your interest rate, which can reduce the time it will take to eliminate your debt. The consolidation loan you are considering is at a high interest rate on its own: 13.89%.  Now, it is true that some of your debt is higher than that, but it looks like the majority of your debt is less than that rate.  It doesn't sound to me that you will save a significant amount of money by consolidating in this loan.  If you can obtain a better consolidation loan in the future, it might be worth considering. From your question, it looks like your reasoning for the consolidation loan is to close the credit card accounts as quickly as possible.  I agree that you need to quit using the cards, but this can also be accomplished by destroying the cards.  The consolidation loan is not needed for this. You also mentioned that you are considering adding $3,000 to your debt.  I have to say that it doesn't make sense at all to me to add to your debt (especially at 13.89%) when your goal is to eliminate your debt.  To answer your question explicitly, yes, the ""cash buffer"" from the loan is a very bad idea. Here is what I recommend: (This is based on this answer, but customized for you.) Cut up/destroy your credit cards.  Today.  You've already recognized that they are a problem for you.  Cash, checks, and debit cards are what you need to use from now on. Start working from a monthly budget, assigning a job for every dollar that you have.  This will allow you to decide what to spend your money on, rather than arriving at the end of the month with no idea where your money was lost.  Budgeting software can make this task easier.  (See this question for more information. Your first goal should be to put a small amount of money in a savings account, perhaps $1000 - $1500 total.  This is the start of your emergency fund.  This money will ensure that if something unexpected and urgent comes up, you won't be so cash poor that you need to borrow money again.  Note: this money should only be touched in an actual emergency, and if spent, should be replenished as soon as possible.  At the rate you are talking about, it should take you less than a month to do this. After you've got your small emergency fund in place, attack the debt as quickly and aggressively as possible.  The order that you pay off your debts is not significant. (The optimal method is up for debate.)  At the rate you suggested ($2,000 - 2,500 per month), you can be completely debt free in maybe 18 months. As you pay off those credit cards, completely close the accounts.  Ignore the conventional wisdom that tells you to leave the unused credit card accounts open to try to preserve a few points on your credit score.  Just close them. After you are completely debt free, take the money that you were throwing at your debt, and use it to build up your emergency fund until it is 3-6 months' worth of your expenses.  That way, you'll be able to handle a small crisis without borrowing anything. If you need more help/motivation on becoming debt free and budgeting, I recommend the book The Total Money Makeover by Dave Ramsey."

The problem is not that someone wants to rent out a spare bedroom and make some extra money, but that investors are abusing airBnB platform in order to control sometimes 100s of units while claiming to use them all. This can lead to entire neighborhoods turning into tourist destinations without any real locals. While renting out a spare bedroom isn't that bad it is contributing to a growing problem where people are getting kicked out of their apartments to make room for a more profitable airBnB. Tourists don't work and don't start businesses. The current hotel model isn't great either due to giant corporations controlling the most of the market, but airBnB is a corporation just the same and is growing much faster.

"Tivo and listerine strips in my humble opinion are examples of ""first movers""who stopped innovating after entering their product to the market. The competition simply developed better products or a new tech came along and they were unresponsive to those changes."

One can expatriate and (depending on where you go) get some protections from the debt following you. Some DACA dreamers are finding this option a best choice given the current political environment. But, this is obviously an extreme measure :(

"It's correct.   Be sure of your personal opportunity cost and not that you're letting the tax tail wag the dog just to score ""tax free"".  Your upside is $3,700 (single) or $7,000 (married) in taxes saved until you're out of the 0% zone.  Is that worth not receiving an income? Even if your savings are such that you don't need to work for income for a fiscal year, how would this affect the rest of your career and lifetime total earning prospects?  Now, maybe: Otherwise, I'd hope you have solid contacts in your network who won't be fazed by a resume gap and be delighted to have a position open for you in 2019 (and won't give you the ""mother returning to the workforce"" treatment in salary negotiations)."

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

"Because until the end of the Cold War, India was ""non-aligned"" but lightly supported the USSR because Pakistan was cozy with the US. As a result, it was pretty low on the immigration list for US authorities.  Also, there isn't any history of Indian immigration to the US beyond the last 30 or so years. Other minorities, like the Chinese and Japanese, began coming here a century ago."


Question: I'm 23 and was given $50k. What should I do?

Here are some possibilities: avoid buying a car for as long as you can; if forced to own one, buy a used dependable car like a Toyota Corolla- 4 cyl  and don't abuse it.  open a Roth IRA, depositing max possible, the plan on doing so until you've investing the remaining balance. A Roth IRA, while not tax deductible now (you're in a low tax bracket now) will provide for tax-free distributions when you are both older and not in a low bracket. of course, invest in low cost equity funds.   Come back for more ideas once the dust settles, you've got money left over and some of the above accomplished. You've got one asset many of us don't have: time.

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In November '14, I wrote TurboTax 2014 Marketing Mistake  Shortly after writing it, a TurboTax agent wrote (on Amazon) to counter the complaints by saying that Deluxe has these forms but did not offer Interview help for them.  As Ben notes in his comment on LittleAdv's answer. TurboTax issued an apology letter, which, in my opinion, didn't really set things straight, factually.  The forms are there, the interview and data import for stock transactions is gone.

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

Its due to the type of track.. nearly all automatic trains dont have object detection. They assume a clear track. That works great for elevated trains and isnt bad for a small metro.. ones that drive the rail infrastructure, arent yet for similar reasons to cars and everything else.. you dont want a 150 car train carrying fuel to not be able to detect a car stuck on the tracks.

I think you just hit the nail on the head as to why I enjoy it so much.   I find I have a much lower attention span to music played digitally, the fact I have the power to skip songs, queue other artists. Even though I tend to be pickier with my Vinyl purchases I still struggle to listen to the same albums through Spotify.

My question is what is the average income of those people who are driving into the core of the city for work. I am assuming that they probably make a much larger salary than $1.1k, though they are still getting screwed on transportation.

Attending trade shows means putting out a good amount of money in getting that customized trade show display. Seasoned exhibitors know what to display to buy and who to buy it from. For first time or not so experienced buyers, consider gathering ideas from this great trade show tips. A good resource provided by Xtreme Exhibits, a St. Louis trade show displays and exhibit solutions provider.